The Sun.
London, England, 1844-07-31 00:00:00

NEW BRITISH IRON COMPANY

Yesterday a special general meeting of the Proprietors
of this Company was held at the office, No. 3, New
Broad-street.

Mr. ROUTH, having taken the chair, stated that
although this was not one of the general meetings pro-
vided for by the deed of settlement, still the Directors
thought it advisable to convene the Shareholders, not for
to make any financial proposition to them, but merely to
announce to them the progress which had been made in
the re-organisation of the British Iron Company,
the interests of which had been transferred to
the existing Society on the 13th of December
last. In conclusion he assured the meeting that the
present position and prospects of the Society were of a
most cheering description.
The StCRETARY then read the report, by which it
appeared that the capital of the Company was fixed
at 400,0001. in 20,000 shares of 201. each, of which
and 9,625 as scrip, on the whole of which Si. per share
had been received. The works, mineral leases, and
stock of the old Company were taken at a
valuation of 200,0001., which was paid on the
30th of December; 50,000/. of which had been
provided for by the first payment on the registered
shares, and the remainder raised on debentures falling
due in the months of May, July, August, November,
and December, 1844. Of those debentures 50,000 L due
in May and July, had been paid off, besides 14,0001. in
anticipation, making on the whole 64,000 L The deben-
ture debts will then not exceed 86,000/., which will be
provided for by the payment of the scrip shares falling
due on the Bth of August and Bth November • and by a
call of 21. 10s. on the registered shares, to be made in
November or December next ; and by another call of
the same amount in the month of April or May, 1845.
Considerable progress has been made in reducing the
surplus stock of iron received from the old Company, and
the Committee feel assured that by adopting a different
system for the future, sufficient means may be realised
from this source to provide the necessary trading capital,
and to defray the expense of putting the works in the
most efficient state without making further calls on the
Shareholders than will be required to complete the pay-
ment of the purchase money. In the half-year, ending
30th Juno last, the make of pig-iron at the Company's
works amounted to 16,239 tons, which gave an average
of 628 tons a week. It is expected that before the end
of the year it will have increased to 1,000. The report
concluded by stating that the prospects of the Company
were highly satisfactory.
The report was then confirmed, and ordered to be cir-
culated amongst the Shareholders; and after a vote of
thanks to the Chairman and Directors, the meeting
separated.

DEATH Or MAJOR-GENERAL EDWARD SCOTT.—
We have to announce the death of the above gallant officer,
who died on Friday last, at his residence at Bath, at the
advanced age of eighty-two years. The deceased had served
with distinction in the 96th Foot, at St. Domingo, in 1794
and 1795 ; and was, on his retur►► to this country, sent with
his corps to Ireland, for the suppression of the Irish rebel-
lion in '9B. He accompanied the expedition to the Ferrol
and Cadiz, under Sir James Pulteney; afterwards re-
paired to Egypt for the campaign of 1801, and was present
at nearly all the engagements in that year, including the
actions of the Bth, 13th, and 21st of March, in which last he
was severely contused on the breast by a musket-ball. For
his services in Egypt he was rewarded with a medal, and had
the Order of the Crescent conferred upon him by the Turkish
Government. His commission was dated as follows :—En-
sign, June 29, 1780; Lieutenant, August 4, 1781 ; Captain,
June, 30, 1790; Major, September 1, 1795; Lieutenant-Co-
lonel, Jaituary 1, 1801; Colonel, July 25, 1810; and Major-
General, June 4, 1813.

WILL OF LORD WALLACE.—The will 'and codicils
of the Right Hon. Thomas Lord Wallace, late of Fea-
therstone Castle, Northumberland, have just been proved
in Doctors' Commons by Sir Charles Miles Lambert
Mouck, Bart., E. W. Hassell, Esq., and W. Nanson,
Esq., the executors. His Lordship gives to Thomas Mac-
lean, Esq., and his wife, both of Carlisle, 5,0001. each, and
legacies to various branches of his family, friends, executors
servants, and very many other persons whom it would be
utterly impossible to specify. The following are the only
parts of the will of public interest:—His Lordship directs
tao busts of himself to be executed in marble by Mr.
Campbell, the sculptor (from a cast taken by that gentle-
man), one of which is to be given to his executor, Sir
Charles M. L. Monck, and the other deposited in Fea
therstone Castle, and considered as an heirloom ; all
the plate and pictures in the castle are also to descend
as heirlooms. He expresses a strong desire that this
building may " never be unoccupied, but tenanted by
those who have an interest in it." He observes that
several parcels of jewellery will be found packed and
addressed by himself to various parties, and earnestly
desires his executors to forward them to the persons to
whom they are addressed as soon after his death as may
be. He also directs the interest of 100/. to be paid
yearly to a clergyman of the Church of England at Fea-
therstone, who is " to read prayers once on every Sun-
day, and administer the sacrament at least four times in
every year." The will is very long, and the personal
property is sworn under 45,0001.
DISPATCH IN WAR.—Captain Warner's apparently
remarkable and extraordinarily powerful explosive and de-
structive agent, whatever it may be, calls to mind a saying
of George the Third, in relation to inventions for destroying
life in war. Bishop Watson was at a levee, after his suc-
cessful experiments on his improved gunpowder had been
made, when the then Duke of Richmond, Master-General
of the Ordnance, informed his Majesty that they were in-
debted to the Bishop for that great improvement in its fabri-
cation. On the latter saying he ought to be ashamed, inas-
much as it was a scandal in a Christian Bishop to instruct
men in the mode of destroying mankind, the King answered,
" Let not that afflict your conscience, for the quicker the con-
flict the less the slaughter."
COURT OF SESSION.—BUCHANAN v. SMITH: This
was a case of considerable importance, as defining the law in
regard to the rights of a female in disposing of effects after
entering into contract of marriage. The prosecutor in this
case pleaded that only one day previous to his marriage his
bride, at the instigation of certain interested parties, had dis-
posed of heritable and other effects to a considerable amount,
bequeathed to her by a former connection. The same hav-
ing been remitted to the Court of Session, it was there found,
and decreet accordingly pronounced by Lord Cuninghame,
that said deed was illegal, and null and void; and granted
warrant agreeably thereto for such being expunged from the
public records and of none effect.—Edinburgh Evening Post.:
BOULOGNE AND CALAlS.—During the week ending
the 25th instant, the greatest number of persons ever em-
barked or disembarked from these places entered or left them
from or for England, namely, 4,389; of which 3,328 were at a
Boulogne, and 1,061 at Callus.