The Sun.
London, England, 1826-12-21 00:00:00

THE CANADA COMPANY.

Yesterday a Court of Proprietors of this company was held at
the City of London Tavern, for the purpose of considering the
propriety of confirming the resolutions of a former Court.
Mr. BocklsQurr, the Governor, took the chair. The report
represented the concerns of the' company to he as prosperous as
could be expected at the present time, anti recommended the con-
firtuMion of the proceedings of the former Court.
These were strongly opposed. It may he recollected that this
company was folioed for the sale anti colonization of the Crown
lands in Canada. A prospectus was issued, upon a promise made
by Government of Crown lands, 'on certain conditions, and'
10,000 shares were taken in the company, the capital of which
was to consist of 1,000,0001. When a charter of incorporation
w:.l applied for, it was found by Government that it would be
impracticable to make the grant of lands first promised, and a
new bargain was offered. The directors took the opinion of the
shareholders upon the subject, and at a general meeting the new
offer for other lain* on new conditions, was' accepted, and a
charter was obtained. The holders of upwards- of 'LOGO shares,
however, ented from the new agreement. The directors then
64 the 1 of July last„ came to the general meeting, and it
was resolved, is eonforinity with" opinions expressed by counsel,
to pay off the dissentients at 101. per shire. This'ais the prin-
cipal resolution' the present 'meeting Was called upon toe confirm.
Mr. ANIMITON, as an amendment to the resolution' for con-
'firming the .proceedings of, the last Court, moved some resolu-
tion., in effect doing away with the 'prieceedings of the former
Court.

A long debate emoted Upon thiN amendment, and ilium a vote
ni thanks, which waa withdrawn.
The amendnient was tnippurii,,l by. Mr: Thomaa Mr.
cartotwas, At . tiwor ring, un,t sa ver:►lother gentlemen. It war
OppOsid by Mr. W. William., Mr. EaAlicnit., Mr. Frextifield, the
.olicitor, arid other gentlemen, directors, who entered at length into
the details of the proceedings of the Company.
On the question being put, the original' motion for confirming
the proceedings of the former ( was Carried by a Considerable
teajortty.

INIANCHESTER, 'lsr EVFNINO, DEC. 10.

(FROM Ont tAVN L'Oitta:sPoNTlEl,lT;)
Our market to sley.inev.evluoinl a Ekiol, lie:Athy appearance thari
at any pow (with the excepOcui of the last week) for the last
six months. The dement fop.velyeeps, fol. thy.m
hoe trade and
for eiportttion,,hoodhven ,very:aninutterl; and the itoantity of litud,.
nese done very extensive; the velveteens in partictilar
have sold freely, and at Yery •ftar„pFicef,;;ltideeti, the holders have
found little Or no difficulty in obtaining lag Week's prices, end in
some instances an advance. Power4ooni cloth has ; heels Mita
sought after, and the quantify told
.very great we 'cannot, how-.
. learn that of the bnsinees done, any advance in ••priees•has
been obtained. Water-twist, from numbers tens .to thirty, is in
great request the lmltlers of this article could have done consi-
derable more business if they' had been disposed to take lag week's
rn.6B, hot to this they. did not like, to gibmit: For the high
ontobers of Mille-yarn we have hatt'a very fair enquiry ; but for
the low numbers it has been limited. • There has been a consi-
derable sensation far the list few days in the Cotton market; both
i here and in Liverpool, and this article bas in consequence
advanced full•id. per lb. ; thrholdere appearto be still confident
of laurther advance. •