The Sun.
London, England, 1856-02-21 00:00:00

GENERAL SCREW STEAM COMPANY.

At a meeting of the General Screw Steam Com-
pany held yesterday—Mr. Raikes Currie presiding
—the recommendation of the directors to, return
31. per share out of capital, and to pay a dividend
of 10s. 9d. per share, equal to about 6 per cent•
per annum, was unanimously agreed to. The re'
port was generally regarded as satisfactory, but
difference of opinion was expressed as to whether
the distribution should be made in the manner
described. It was explained that the return of 31•
per share is coupled with the appropriation of a
proportional amount of revenue to capital to sup-
ply the losses previously incurred, but that it 1.5
not considered necessary to keep it to 181. per
share, and that a repayment may with advantage
be made to reduce it to 151. With respect to ob-
taining the supplemental charter, it is hoped that
no difficulties may be interposed, although former
experience has taught persons connected with
public companies the. nature of the technical pro'
visions enforced by Government departments.
Should, however,, Mr. Lowe's measure be ulti-
mately carried, limited liability will be assured
without the formalities and stringent requirements
now entailed. The directors, with a view to eco-
nomy, have disposed of the city premises of the
company on advantageous terms, retaining a por-
tion necessary for the present business. The sale
to a French company of the principal vessels has
not yet been completed, but there is every expec-
tation that it will shortly be so. A first deposit
of 5,000/, has been paid, which will belong to the
shareholders if the negotiations should lapse, and
it has been arranged that 25,0001. is to be forth-
coming when the legal agreement is signed (also
liable to forfeiture should any difficulty arise),
25,0001. further to be paid on the delivery.ot the
vessels.

The Earl of Derby had a Parliamentary dinner last
evening at his residence in St. James's-square, includ-
ing the following members of the House of Commons :--
Lord C. P. Clinton, Lord Naas, the Right Hon. Sir J.
Pakington, the Right Hon. J. Napier, Sir James Duck-
worth; Major-General Hall, Captain Gladstone, Mr. G.
A. Hamilton, Mr. G. Bentinck, Mr. Mowbray, Mr.
Cumming Bruce, Mr. Whiteside, Pir. Fiezgeraid, Mr.
Pea Cock, Mr. B. Coles, Mr, Floyer, Mr. Hale, Mr.
Macartney, Mr. Cairns, Mr. Lloyd Davies, Mr. Cot..
bold, Mr. Burronglies, &c.
Tile Right Hon. B. Disraeli and Mrs. Disraeli enter-
tained at dinner yesterday at their residence, Grosvenor•
gate, the Ambassador of France and the Countess de
Persigny. There were present to meet their excellencies
the Marquis and Marchioness of Salisbury, the Earl of
Eglinton and Miss Cockerel), the Earl and Countess of
Hardwicke and Lady Elizabeth Yorke, the Earl of Loris-
dale, Lord John Manners, Baron De Rothschild, M.P..
and Miss Da Rothschild, Lord Dufferiu, Sir James Fur-
guovn, Ms I),, and Mr. Charlta

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