The Sun.
London, England, 1826-06-02 00:00:00

IMPERIAL Futtbair vv Arc.

the
Wine Company, took place at
Imperial FOreigd
last, purs"'"
Mee 'WedsB ay
Company's , on
A General Meeting of the Shareholders in this
Advertisement, when
Air. ROSE
ent took place :
nal Prospectus, which was
the following
untie the middle. of last year, the
issuAecdcotrodinsieto
pfl.lF.
ar" ,2:l4'eliveoll4o-;;Umiel Chair,
Capita of 250,0001. was-to be raised in 5000 Shares
of each. Only 1027 Shares, however, were sub-
scribed to, and the whole amount of the deposits paid
into the hands of the Bankers amounted to the sum
of 20541. Upon the strength of this the Directors
took . the Premises formerly the Globe Tavern, in
Fleet-street, at a.rental of 5001. per ann. ; a Manag-
ing Clerk, or Agent, was engaged at a salary of 8001.;
and every thing being ripe for execution, it was an-
flounced to the Public in the following Advertisement :
That the Company had proceeded to lay in an exten-
sive stock of the choicest Foreign Wines of every de-
scription, enumerating their several names, qualities, and
other important particulars, with which the whole coun-
try was to be supplied at the reduced prices affixed to
each. Any one entering the promisee would suppose
that the most magnificent arrangements had been made
for carrying the plan into the fullest effect. Desks
were placed at the entrance, where were sitting clerks,
bottling men, and samples of the wino presented them-
selves
to the view in abundance. When lo I the Re-
port being read, and the necessary enquiries made on
the part of the Shareholders, it appeared that no stock
of wine of any Importance had ever been laid in, and:
that the Company depended upon its daily supply to,
a few wine merchants in the back ground, as may be
seen from the following report of the stock in
hand : •
Xiso in the Docks.
oo ditto 114%
140 Property on the Premises.
46 Ws. Good 'Book Debts.-..,6441 le. 7d. Total.
Over and above which the Company owed about 5001.,
and to mend the matter, the party of whom the wine
was bought now in the Docks, had a lien upon the
same to the full amount or value, they never having
been paid for it.
It appeared further that Mr. Smith, the Projector of
the Company being - indebted in private account to
Mr. Rose, the Chairman, long before the Company
was ever dreamt of gentleman wisely proposed,
at the first Board of Directors, it vote to Mr. Smith
of 5001. for the services which he had rendered to the
Company, in its formation, which being carried neon.
con, five drafts were drawn, not to Mr. Smith, but
to others; namely, 821. 12s. to Mr. Dolby, 1611. 1 ls.
to Mr. Jackson, 691. Bs. 6d. and 1561. Is. to Mr.
Smith, and 801. 7s. 6d. to Mr. Jones (creditors of
the Chairman) out of which Mr. Rose paid himself
the debt due to him, amounting to 4801. and gave
Smith the remainder.

t t o

Not long after, the Company made a purchase of
60 pipes of wine in the Docks, at a short credit, to
be paid for on delivery. The credit having expired,
and the wine not being removed, the vendor consented
to let it remain some time longer, upon receiving pay-
ment of 2001. to guard against loss ; for this purpose
the Directors requested, or rather insisted, upon Smith,
their managing man, drawing a bill of exchange on
Mr. Clarke, one of the Directors (not the Arigna
Clarke), which he accepted ; and not being honoured
at maturity, the unfortunate Agent, who had no beim.:
ficial interest in the transaction, was arrested, and, to
the disgrace of the Directors, is now a prisoner in the
King's Bench prison.
A motion having been made, that the Report be
received,, and ibeing carried in the negative, Mr. Wil-
liam Clark, who elicited all the foregoing facts, moved
an adjournment to the 3d of August (to give Mr.
Smith an opportunity to attend) which being carried
unanimously, Mr. Clark assured the Chairman that
unless he immediately sent Smith his Writing-desk
and papers, released him from prison, and accounted
to the Shareholders for the full amount of the deposits,
he would, if supported by the Shareholders, indict the
whole party for a conspiracy. The Meeting was ad-
journed accordingly.
On passing through Fleet-street yesterday morning,
we found the premises shut up

MEETINGS OF CREDITORS.

LONDON DIAItY, Moramy, Juwil 5,
At the Court of Commissioners.
E. L. Ogle, Clement's-lane, London, nt. 11.
J. Jennings, Poultry, at 12.
W. Smith, Uxbridge, Middlesex, at 12.

COUNTRY DIARY, MONDAY, JUN,: IL
G. Jones, Wootton-under-Edge, Gloucester, at the Royal Hotel,
Clielte»Lam, at 5.
R. Eccles, Wakefield, York, at the Sessions House, Wakefield,
at 6.
J. Boothroyd, Ahnondbury, York, at the George Inn, Hudders-
field, at 10.
Higgs, Hodson, and Riggs, Bristol, at the Bush Tavern, Bristol,
at 1.
.1. Gerrish, Bradford, Wilts, at the Angel Inn, Bath, at 11.
J. Prince, Manchester, at the Star, Manchester, at 10.
G. W. Addison, Dalton, York, at the George Inn, Huddersfield,
at 10.
N. Phillips, Haverfordwest, at the Castle Inn, Haverfimiwest,
at 10.
T. Bertram, Warwick, at the Crown Inn, Leamington-Priors,
at 11.
D. Sileocks, Road, Somerset, at the Bush Tavern, Bristol, at S.
W. Ford, • Huddersfield, York, at Me cars. Whitehead and Co.'s
office, Huddersfield, at 11.
S. Neale, Leicester, at the Three Cranes Inn, Leicester, at S.
P. F. Lyeett, Worcester, at the Star and Garter Inn, Worcester,
at 12.
J. Clarke, Worcester, at the Star Inn, Worcester, at 2.
S. Satfiird, Broadish, Norfolk, at the ions Inn, Bungay, at 12.
J. Harding, Hem, Salop, at the Star Inn, Shitftfall, at 5.
.1. Reid, North Shields, Northumberland, at the George Inn,
Newcastle-upon-Tyne, at 11.
W. Kaye, Dike-Side, York, at the Pack Horse Inn, Hudders-
field, at 10.
J. Firth, Huddersfield, at the Pack Horse Inn, Huddersfield,
at 10.
S. llottonlleYs Huddersfield, at the Peak Horse Inn, Hudders-
field, at 10.
W. Hartley, Sheffield, at the Star Inn, Manchester, at 1.