The Sun.
London, England, 1858-05-12 00:00:00

MAY 12, 1858.

MEETING OE THE CREDITORS OF
.11E8SRS. CALVE T.

A numerously attended meeting of deposit credi-
tors of Messrs. Calvert and Co., brewers, took pace
yesterday -:.t the Loudon Tavern, Mr. W. Smell, y
in the chair. It appeared that the number of
trade creditors ofthe firm is only twelve, exclusive
of tradesmen's bills amounting to about 3,0001.,
and that the mortgages on the brewery and public-
houses are respectively held by two and
seven parties, from whom no opposition to the
winding up of the estate under inspectien is an-
ticipated. Under the proposed deed of inspects°,
it is hoped, by lowering the rate of interest of de-
positors and other reductions, to effect a saving
in the expenditure of 20,0001. annually, and that
not only will the whole of the inteteet and
part of the principal or the deposits be paid in
the cour:e of the next two years, but also that
the concern will be brought into such a satis-
factory position that persons of wealth may be
induced to enter it and clear off the remaining
liability. On the other hand, the consequences will
be ruinous if bankruptcy is resented to. Should
the 359 public-houses be forced on the market it
would cause a heavy loss on the sum at which they
are estimated, and also depreciate the value of that
description of prAperz,y. Again, both the brewery
and the public-houses are, as far as profit is con-
cerned, in some measure self-dependent, and would
suffer from being separated. The depositors are
369 in number, with claims varying from 101. to
10, 000/. Di ey are of all classes—persons who have
retired from business and intended to live upon the
interest of their deposits ; others who had left their
money for a period, and who were about to enter
into trade, &c. ; and include 44 societies, whose
debts amount to more than 11,0001. The concur-
rence of this class of creditors in the proposed
1 quidation cannot be predicted with certainty, as
although no doubt six-sevenths of them in amount
will agree, some difficulty is apprehended with re-
gard to the six-sevenths in number legally required.
Tile proposed inspec;ors are Mr. White, of the firm
of Wigan, White, and Co., hop factors; Mr. H.
Kingscote, formerly connected with Bruce, Buxt n,
and Co. ; and Mr. J. Morse, one of Messrs. Cal-
vert's collectors, and a depositor to a large amount.
Some discussion took place on thepossibleappoint-
merit of a fourth, the feehog of the meeting being
expressed strorigV in favour of the nomination of
the chairman, but it wss explained that any
interpolation would invalidate the deed aLd nul-
lify the signatures already appended. It was
ultimately determined to request the inspectors to
permit a periodical examination of the accounts
by Mr. Smalley, arid a resolution was passed
pledging the assistance of the creditors present
in the future carrying on of the brewery.
In the course of the proceedings it transpired t hat
the stoppage arose from Messrs. Calvert having
over-extended their business especially by specu
Ming in the wine trade since the year 1846, at
which time they commenced to mortgage their
property.

POLICE INTELLIGENCE.—(This Day.)

;SPORTING INTELLIGENCE..

BE iTING I_T MANCEIETER.7-TUESDAY.

Mo,ny of the leading subscribers having left fur the
Bath and Somerset meeting, the betting upon future
events was not of that icup,,rtance that it would other-
wise h,tve bten. sto 1 was offered aget Fitz•ltuland
for the Derby, and Toxcplao:ite had no friends at 6 to 1;
Longrange was not in such good odour as he was yes-
terday, 10 to 1 being offered agst him without a re-
sponse • 25 to 1 was taken to a little money about Sed-
bury, Cut those odds were always obtainable. 25 to 1
was taken about Mr. Gratwicke's two coupled, Ethic•
piau and Deceiver. Tivre was not any great dispesiti, n
who c.. 91 to joy. st upon Eclipse. Nothing was done upon
the Oaks. East Langton was in great demand for the
Somersetthire Stakes, at 7 t.) 4. 6to 1 was offered on
the field, bar one. The result of this race will be found
below

DERBY.
sto 1 agst Fitz-Roland fr)
6to 1 agst Toxopholite (off)
10 to 1 ag,t L .ngrange (off)
20 to 1 agst Enlips.(t and off)
25 to 1 agst Sddhury (t and off)
25 to 1 agst Physio:an (aken)
25 to 1 agst Ditto (t and off)
25 to 1 agst Ethiopian and Deceiver, coupled (t)

BATH RACES—TUESDAY.
The Lanadown Stakes (Handicap) of 5 son
each,
with
40 added. Winners extra. One mat, 21 subs.
Mr. J. H. C. Windham's Bravissimo, 3 yrs, gat 6113
v (Bray
Mr. Steven's Verona, 4 yre, 6,t 131 b
) 2
Mr. R. J. S >uthby's Rio, 4 yrs, 63t 61b (Prise) 3
The folio wind also ran :—New Brighton, Katherine
Loizie, Log of the Fureat, Raven, and Fearful.
Bettiog-3 to 1 agst New Brighton, 5 to 1 eget Ring
of the Fore-t, sto 1 agat Verona, 6to 1 apt Fearful, 6
to 1 ag.t Bravisairoo.
....._

Won by length ' • 12,i1f a length between the second and
; Katherine Logic was fourth, King of the Forest
firth, New Brighton sixth, Fearful was last.
The Members' Plate (Handicap) of 50 sow; winners
extra. About a mile and a half.
11r. H. Ivey's Shirai), 4 srB 7.t 31b (French) 1
Mr. H. Stone's Arcanum, 4 yrs, sst 4.b (C. Harrison) 2
Mr. Fry's Salonica, 4 yrs, let 31b (Crewmen) 3
The following also ran :—The Little Cob, Theory.
Alaric, Blue Bell, Melrose, Haymaker, Optimus, and
Hotspur filly.
Betting-4 to 1 agst Shirab, sto 1 agst Haymaker
6 to 1 eget Arcanum, 8 to 1 agst Salonica.
Won by three-quarters of a length, very bad third,
Haymaker was fourth.
Chu Free Handicap of 50 sous. Winners extra. T.Y.O.
Mr. H gins's Chaperone, by Flatcatcher, 3 yrs, sst 51b

- (Nevill) 1
Mr. Land's Impatience, 4 yrs, let 41b (Frepcb) 2
Mr. J. Evans's Amorous Boy, 4 yrs, 7st 41b (Walters) 3
The following also ran :—Harrie, Venetia, anti Linda.
Betting-7 toil each aist Polly Johnson and Imps-
tience, 4 to 1 apt Linda, 5 to 1 aget Venetia, 7 to 1
agst Chaperone.
Won by a length, a head between the second and
third; Amorous Boy was fourth, Venetia fifth, and
Hartle next.
'Che Somer.ets.hire Stakes of 25 sous each, 15 ft, and 5
only if declared, with 100 added. The second to re-
ceive 50 sow, and the third to save his stake. Cer•
tain winners extra. Two miles and a distance.
Mr. W. S. S. Crawfurd's East Langton, by Jericho,
3 yrs, sst 91b (Challoner)
Mr. T. Parr's Childrty, 3 yrs, sit 41b (Hearnden) 2
Mr. S. Wildarns's York, 3 yrs, sst 9.b
The following also ran :—Barbarity, Life Boat,
Melisqa, and Poodle.

Betting-6 to 4 agst East Langton 6to 1 net York,
7 to 1 agst Barbarity, 3 to 1 agst Childrey, 10 to 1 apt
Melissa, 12 to 1 agst Poodle.

East Langton laid off to the distance, where he came
out, and won in a canter by three lengths ; York was a
bad third ; th.t rest widely scattered. Poodle walked in
hat, very ltg weary.
Toe Biennial Stakes of 10 sous each, with 50 added for
t3o-year-olds ; eolta, Bst 101 b ; fillies and geldings,
710. Certain allowances, ecc. The second Weave

ni3 :take. T.Y.C. Halt a mile. 56 subs.
Mr. T. P.n.'s Merryman, by Robbie Noble, 84 101 b

(Bates) 1
Mr. C. Capers colt, by Cotherstone—Black Bees,
Bst 7lb
Mr. Starkey's Stockharn, Lit 101 b
The following also ran Elk, The Courier, Trum-
peter, Villaret, Hop Merchant, colt by Orlando, Can-
tine, filly by Vert:latn, Bouquet, and Sheffield.
Betting-8 to 1 aget Trumpeter-6 to 1 each eget
Cantina and Bouquet-7 to 1 eget Merryman-10 to 1
agst Black .13b8 colt—and 4 to 1 aget Merryman and
Stock ham coupled.
Won by a neck; same distance between the second
and third ; Trumpeter was a moderate fourth ' • Bouquet
was fifth ; Villaret and Fleur de Marie filly were
n« xt. Cantine jumped round when the flag was dropped,
and did not get off.

Second yearcf the Biennial Stakes of 10 soya Gaol], with
50 added, fur three-yr-old ; colts, B.t 101 b ; fillies
and geldings, Bet 71b ; the second to save his stake.
One mile and a half. 42 subs.
Mr. Merry's Sunbeam, by Chanticleer, Set 71b

(Wells) 1
Mr. J. Barnard's Accurate, Bst 101 b (Charlton) 2
Lord Ailesbury's Charles the Second, Bet 10lb
(Flatman)
The following also ran :—Simpleton, Gin, and Bridal
Tour.

Betting—Even and 5t04 on Sunbeam-9 to 2 agst
Charles the Second-6 to 1 agst Gin-8 to 1 agat Acau.
rate.

Woa, bard held, by three lengths ° • bad third, and
Worse fourth. Gin wan t.a.t....fr, .....3.llLiaal Tour soon
alto. utarting.

LATEST BETTING.
DEBBY.
100 to 6 agst Longrange (off)
50 to 1 agst Wilton
3000 to 90 agst Telegram and East Langton
coupled (t)
OAKS.

4to 1 agst Sunbeam (t sto 1)
HORSES STEVE= OUT OF THEIR ENGAGEMENTS.—.
Cl}desdale, Grettufilich, and Rocket were were sttnek
out of the Derby at 11.45 a.m., yesterday (Tuesday.)