The Sun.
London, England, 1868-07-04 00:00:00

THAMES.

SECOND THOUGHTS ARE BEST.—Mr. lleighley,
the secretary of the Kirchaut Seamen's Clothing
Company, in Dock-street, opposite the Sailors'
Home, Whitechapel, came before Mr. Benson under
the following. circumstances. The company was
established under the Limited Liability Act for the
supply of good and cheap clothing to masters,
mates, and seamen, and had met with an extra-
ordinary amount of success. A shareholder,
named James Sullivan, a seamen's boarding-
house keeper in Strathmore-terrace, Shadwell,
had lately introduced four seamen as customers, and
their united purchases amounted to £29 18s, which
Mr. Sullivan received, and ought to have paid the
same to Mr. Craig, the manager, immediately ;
but he refused to do so, and kept possession of the
money, under the 86th section of the 24th and 25th
of Victoria, cap. 96. The act of which Sullivan had
been guilty was one of felony, although
he was a shareholder. This proceeding was
approved by the directors who were present.
Mr. Benson said the Merchant Seamen's Clothing
Company had a limited proprietary, and made large
profits. Another shareholder named Brown acted
in a similar manner with a larger sum a few mouths
ago, and the subject was discussed at great length
in that court. Mr. Keighley—Yes, sir, that was
so. Under the advice of Mr. Montagu Williams
and Mr. Poland, who conducted the prosecu-
tion, we proceeded against Brown for the
felony. The depositions were taken, and you were
about to commit Brown for trial when the
prisoner, by the advice of his solicitor, paid the
money, £57, and was discharged. Mr. Benson
asked the motive of Sullivan for keeping the money.
Mr. Keighley-1 really don't know, sir ; he says
be has got the money and will stick to it—he will
have his 'first share. Mr. Benson said that Sullivan
had no right to keep the money, and granted the
summons applied for. Ha appointed Thursday
next for the hearing of the case, and hoped
it would not occupy the same time as the last
one connected with the same company. Mr. Keigh-
ley now stated that since the summons had been
granted Sullivan had waited upon Mr. Craig, the
manager, and said that second thoughts were best,
and that he had been ill-advised, and would pay the
money. The company having received the sum
owing, £29 183., would with the magistrate's consent
withdraw the summons. Mr. Benson was glad of
such a satisfactory termination of the proceedings,
and allowed the summons to be abandoned. Mr.
Keighley said the shares of the company were £l2
10s. each, all paid up, and that on Friday night at
the annual meeting of the company £44 123. was
paid to each shareholder as
his dividend for the
year, and in that dividend Sullivan participated.

Foreign Mail Packet List,

MAILS DUE.

tuatralls. and Now Zeallad, via doutAarziptos. ....J ily IS
Ditto, via 31ar8illlos. .. • .... • • ••• ••• July .3
Ditto, via Pan t.n.t ........ ....... ..... July 2J
Brazil, BaeuJJ AyreA, aul XEonte Viddo J u y 3.

—Ditto, by erenan psokat
Capa Yards. by Brazil paakot
Ova of Good daps. A•saan3ion. 31.1 ti.ileuA ...July +O.
Callan, Penang, mil Sing tp,ro, via 6outlivn,,ton..July
Clibraltar. via douthanspt.m..
Indta,via Soatbarnotou ..... . July k
uitto, via Maraeil es ...... July
.halts, Egypt, &a... ......... July 4.
Ditto, Usraeilles •
Capo of Goad live, au i Natal, via
Boutlisinptou
Ditto, Maraei•ica . Ja:y 14
Newfoundla n ...... Ja LI
Portugal ...... July 1.
Ditto, by l sited States packet