The Sun.
London, England, 1826-10-17 00:00:00

tIITLIAN ltil*NTN(I Aftl 17i5Y417.

Yesteiday'a meeting of the Shareholders in the Chirpll
.Mining Company took place at the City of London Ta-
vern ; nio„ in the'ehlir.
The CH A UM A N rend a Report 'Of what had taken place
at a meeting of the Directors of the AssociatiOu,- Olen
they
,came to un unanimous determination to recommend
the dissolution of the, cnocem fftr stated the impossibi.
Ifty of prevailing upon the sharehelders to continue their
itibscriptiorce, and sugfccstca the propriety of some one of
the meeting thriving a proposition to the effect recom-
mended by t Directors.
Mr. 'CAONovii said, that he represeuted.a great many
Shareholders in this concern, and he was, therefore, anxious
tla&t the Cathie of the` &solution should be Stated spec&
c.Aly.' ft would be' satisfactory to those gentlemen to
whom he alluded, to know that the dissolution MIS not
attributable to the Directors; that it could not be ascribed
to mismanagement or to wrong calculations, but that it
was merely owing to the change which had, since the foe.
million of the company, taken place in the circumstances
.of the country, and in the opinions, of the public. De
understood that if 201. had been - paid uPen each 1001.
share, the Directors would have readily)' persevered in the
operations; but what conld be done when net so much as

. ...
lb/ . per share could be obtained ? If some words to the
effect he described were introduced into the resolution, it
would billy answer the object he had in view, and acquit
. .

the Directors of having acted with the least impropriety.
A Shareholder thought there was some other reason for
wishing for the dissolution of the Company, besides that
which had been mentioned as the only cause. As for
inooey, lithe practicability of the .thing could at all be mas
infested, there would be no difficulty in procuring enough
for the purposes of the mines;
A second Shareholder stated, that he had heard that the
mines did not answer the expectations of those who em,
barked their property in shares. - Of copper, he tinder-
stood, there was great abundance, but of gold and silver
there was an extremely scanty supply. The copper or i
had, he understood, been Worked very much, and he ex►
pressed a wish to know whether the copper ore was to bb
converted to the advantage of the Company ?
The CumustAN acknowledged that he was not informe4
of the particulars of the produce of the copper ore in tho
mines, but he knew that a considerable quantity had been
obtained, and that quantity would of course, no doubt, 14
applied to the Use's of the Company.
A Director said that the gold ore certainly appeared in
small qaantities, but there had been no statement of themade with respect to the silver Ore. Of coppe4.
there was great plenty.
A, Shareholder 'asked whether Part of the mines could
not he worked to advantage ?
A •Director replied, that, with such limitedxneans a slat.
,cient quantity of ore could not he raised to enable the
'ompany to meet the foreign markets.
Mr. CAZENIVE again urged the propriety of introducit4,
into the, resolution for dissolving the Company, words.
expressive of the conviction of the Shareholders that it
was not in emisequence of any mismanagement upon the
part or the • Directors, or of any failure in the objects
of the CoMpany, that they adopted the.measure of abaft-
dOnment.

•
Slotreholder.—You had .better, sir, not insist upon
culhOdying words of the kind in the resolution ; if you do,
somebody may get up and submit a proposition of directly
an opposite tendency. • •
A Shareholder said, that he thought that it would be
quite unnecessary to add any thing of the kind suggested
to the resolution for dissolving. the ,society. The. vote of
thanks passed at the last meeting to the Directors suf-
ficiently established the fact. that they were acquitted of all
;blame.
Mr. C. 11.0(.441( (one .of the directors) expressed tin:
gmtification, which he felt .at the manner in:which the cony
duct of the directors had been applauded at the last
meeting.
The :CHAIRMAN put the motion, that the recommends',
tion of the board of Directors that the. Company should
be dissolved on account -of the tinwillingnetat of the k hue,
holders to subscribe further, he adopted.
The resolution was agreed to unanimously, and a vote of
thanks hating been voted to the Chairman, the meeting
separated.