The Sun.
London, England, 1856-07-23 00:00:00

152
148

Nicoll ... ••• ... ...
..
Boyle ... ... ... .
FINAL CLOSE OF THE POLL.

Nicoll ... ... 157
Boyle ... ... 158
Majority for Major Boy le —1
Mr. Nicoll's agent objected to several votes as illegal,
and announcel his intention to petition for a scrutiny.
A protest was given in by two electors against Majr
Boyle's election.

UNITY JOINT-STOCK MUTUAL BANK-
ING- COMPANY.

A meeting of the Unity Joint-Stock Mutual Banking
Company took place yesterday, when resolutions were
passed authorising the directors to take the necessary
steps for increasing the capital as occasion may require
to 2,000,0001. by the issue of 17,000 additional shares of
1001. each, 501. to be paid up. It was explained that not
more than about one-third of the shares will be issued for
the present, as the capital will be created only as the in-
creasing business of the company may require or the
establishment of branches may present prospects of suc-
cess. The first issue will be limited to 3,000, to be
divided pro recta among the existing shareholders. 0,)-
jections were raised to the establishment of numerous
branches, but it was intimated that if any when started
shall not prove remunerative they will be immediately
elose(1.
When the prospectus of the Unity Bank was issued
in April last a doubt was expressed whether its proposal
for an equal division of profits between shareholdors and
customers could be carried out without rendering the
latter equally liable with the shareholders fur all the
debts of the concern. Subsequently, however, a state-
ment was put forth that an unanimous opinion had been
obtained from Sir Richard Bothell and Messrs. Willes
and Cooper that it would not have that result. Owing
to the important bearing of the matter on the question
of limited liability, some reference was recently made to
it in the House of Commons, and the case. and opinions,
in the form in which they were laid before the Board of
Trade, were ordered to be printed on the motion of Mr.
Lowe. These have made their appearance as a Parlia-
mentary paper, and are to the effect that " the receipt
by a customer in the manner proposed, of annual or
half-yearlyinterest on his minimum or other balances
for the preceding year, will not render such customer
either directly or indirectly liable as a partner of the
Bank."—Times.

DR. RAE AND THE ARCTIC EXP EDI-
TIOZCS.

TO THE EDITOR OF THE TIMES.

Sir,—In the Times report ofLord Wrottesley's speech
in the House of Lords on Friday last, on the subject of
Arctic Expeditions, his Lordship remarks that at lone
time I was within 50 miles of the place where, by Es-
quimau% report, about 40 white men had perished,
but that, unfortunately, although amply provided with
means, I did not consider it necessary to visit the spot.
I beg to say that when I was within 50 miles of the
place alluded to I was not aware that it was the locality
where the dead bodies of our unfortunate countrymen
had been found by the Esquimaux, and it was not until
after my return to Repulse Bay, in the end of May, that
I received information en this point.
I ought perhaps to have been more explicit in my r(..
port on this subject, but I could not imagine that any
one would believe me to be so utterly indifferent to the
fate of Sir J. Franklin and his party (to search for
whom I had been four seasons employed by her Ma-
jest's Government), or so perfectly careless of my own
interest, as to leave a question of so much importance
undecided,-if a walk of 50 or 100 miles could have set it
at rest.
There is nothing new in this accusation being brough t
against me, but hitherto it has appeared in such a
form that it would be stooping too low for a person
even in my position publicly to notice it.
Your obedient servant,
London, July 21. J. RAE.

PLOSPECTS OF THE SPORTSMAN.—Tbe shooting sea-
son now approaching, sportsmen's prospects excite at-
tention. We have reports from the principal moors and
forests in this and the adjoining counties. These ac-
counts speak of disease baying been to a slight extent
prevalent among the grouse in the earlier dry months of
spring. The rains of May and June, however, stopped
the epidemic in the old birds, but proved very injurious
to hatching, and subsequently to the young broods,
especially on the higher grounds. In the valleys ap•
pearances are more favourable, pretty large broods
having been seen looking strong and well advanoed,--
.61gin Courant,