Star.
London, England, 1826-04-18 00:00:00

tthe Bankers, and distiibutnit dtttongit the Sh reholiters
as far as it would go. -it was calculated that the
amount in the hands of the Bankers stouhl pay Si. 4s.
per share, and afterwards an exertion might be made
to induce all the Directors to pay up the deficiencies,
which amounted to 11.6. per shares so that the S,:lare.
holders might be at no greater loss than las. per Shire.
This statement sacked consider-Me d
A Shareholder declared,-that tearret7ected from
what occurred at the last Mestiog, that 41. 10s. would
be paid upon the Shares this very' day. He expected
that the Directors would have assembled immediately
after it was known that the Shareholders were dissa-
tisfied, for the purpose of making up the defiCiency ;
but after all the Shareholdetiwere as badly off as ever.
Lord TEYNIIAM said the fact a as, they for teed no
Company at all. Mr. Hendricks was the proprietor of
what was called the Company, and had taken the whole'
responsi'mlity upon himself, and he (Lord Teynham)
and his son, bad signed the drafts for the 1,0001. of the
money subscribed, merely for the purpose of dissolving
it. He hoped the Shareholders would take the Si. 10s.,
per share ; if not, They must adopt whatever course they
thought most advisable.
Mr. Arivicuist said, the shares ought to be paid off at par. Ile
would do all he could to accomplish that object. • '
A Shareholder—My Lord, I say I must have my property. If
you vent pay me I must go in my own way to get it. Its a shame,
my Lord—it's a shame.
'Another Shareholder said, that the Directors might

if they pleased. look to Mr. Hendricks, but the Stale-
holders must look to the Directors, and to them alone.
It was understood that the money would be forthcoming
this day, and now another postp mement was aimed
at. Was this worthy of a Nobleman ?
Lord TEYNHAM repeated, that he was willing to pay
his proportion to the deficiency complaineJ of; but he
begged to know whether any one present thought him
to be such an ass as to pay what ought to be contri-
buted by nine Directors. He knew nothing of the.
Gentlemen in the direction, with the exception of his
own son ; and he had signed the drafts while on a sick
bed. GOD ALMIGHTY knew he derived no profit'from
the-transactions, and GOD knew that he most earnestly
wished he had never heard a word about the Company.
Several Shareholders said, they expected to get the whole of their
money back.
Lord Tas WHAM—" T shall do as I have stated. You would not
be so unreasonable as to expect I should pay the whole of the de-
ficiencies myself."
The Share! olders were almost unanimous in the
opinion that his Lordship ought to pay every farthing.
Thy► pulled out their Shares, and said they were, ready
to receive their money. They came prepated, and they
expected not to be any longer humbugged. One of
them, however, observed, that his Lordship would act
a very foolish part in disposing of his property in such
a manner to Gentlemen, all of whom had embarked in
the concern in the hope of a premium ; and most of
whom, he heard, had purchased the Shares at a discount.
Mr. ANNICHINI said, that Mr. Hendricks had stated_

as a reason for not coming to a settlement, that Lord
Teynbam and another Director owed him 4 or SOW.
Lord Tani:taw—That belongs to another transaction. It has
nothing to do with this ;it refer to Shares iu another Company. •
A Shareholder—My Lord, if I don't get the money for my Shares
what I paid, FS bring as action against roe, that I WM. Oh, Lord !
how can a Lord set in that 'ere am
Lord TETIMASI who sat with his hat off, close to the
person who uttered this threat, and who sat with his hat
-4,.-relectfelly assured him, that everything should-be
to get-the whole of hie money restored to him.....
meantime, his Lordship recommended that the
had thus addressed Mart would be for the
salisded••with his share of the toossey which
44 at the bankers.