The Sun.
London, England, 1858-05-11 00:00:00

WORCESTER AND HEREFORD.

The committee had amended the preamble of
the bill, and found the same as amended to be true.

MESSRS. FELIX CAL VER T AND CO.

It is stated that the attendance of creditors at
the counting-house of Messrs. Felix Calvert and
CO., the brewers, ye,terday, was not very nume-
.7aus, but that the majority were satisfied with the
doe 1 of inspectorship presented for consideration,
and signed in favour of that course of liquidation.
The period of time asked, as has already been an-
nounced, is two years, but meanwhile the rate of
interest on the deposits will be reduced from 5 to
4 per cent., and every exertion will be made to
exercise strict economy. The inspectors who, it is
proposed, shall he selected to act for the creditors,
are—Mr. White, of the firm of Messrs. Wigan,
White, and Co., hop factors; Mr. Henry Kings-
cote, a gentleman formerly connected with Messrs.
Bruce, Buxton, and Co.; and Mr. John Morse, one
of the collectors of Messrs. Calvert and nd a
deposit .et for a considerable amount. Mr. Co.,irhite is
of course a trade creditor, in the stric'est sense of
the word, and his services will be valuable, and so
also will prove the knowledge of Mr. Morse, whose
connection with the firm lia4 placed him in a very
responsiLle position. Mr. Henry Kingscote, it is
presumed, will represent the interest of Mr. Felix
Ladbroke, one of the partners, who possesses a heavy
stake in the undertaking, and is reported to be
under engagement to bring iu additional capital.
There appear to be six partners in the business of
the brewery—Mr. F. S. P. Calvert, Mr. W. 11.
Calvert, Mr. N. Calvert, Mr. Felix Ladbroke, Mr.
J. Johnston, and Mr. A. P. W. Phelips. A meet-
ing of the deposit creditors is convened for to-mor-
row, at the London Tavern, when Vie situation of
the firm will be discussed, and measures suggested
to prevent, if possible, an appeal to bankruptcy.
It is affirmed that it will be necessary for every one
interested who advocates the plan of liquidation by
inspection to give his or her signature before
Thursday, in order that the attempts to carry out
an administration in Basinghall-street may be de-
feated. Under the proposed arrangement the allow-
ance to -the partners will be limited, and all the
extravagance which has distinguished previous ex-
penditure will be curtailed. By the reduction iu
the rate upon deposits a largo saving will be effected,
and with the reorganisation of business, and the
value of the public-house property, an important
realisation, it not so great as has been estimated,
may be eventually secured. "No doubt it would
he a lamenteble thing," as a correspondent writes,
" to see the once lucrative trade of the .Hour-glass
Brewery scattered to the winds, and the enormous
plant and property seriously depreciated, but still
there is a common sentiment among
causes which have produced this fearful collapse,
and so fa ally jeopardised the best interests
the
e creditors
the
concern. "—M °ming Herald. o fdittobr:
that some explanation should be afforded

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