Star.
London, England, 1826-08-11 00:00:00

MANCHESTER, Aucusr 9,

A plan for the formationrof a Joint Stock Bank has
been drawn up and cirs.ulated. The principal argument
put forward in favour of the measure is, that whatever
might have been the c.suce of the present deptession of
trade, such depression is prolonged and aggravated by
the limited qtrantity of circulating medium now em-
ployed. The objrctionr to the proposed Conipany
ap-
pear to be fully met in the Prospectus which has been
issugd. The principal difficulty was a becoming feel-
ing of delicacy on the part of many persons towards
those Flanking-houses which firmly supported their ere.
dit in the worst of times ; and it is thought, by those
persons, that the new B ink might interfere with the
present establishments; but it is asserted, on the other
hand, that the contemplated measures would tend to a
more healthy and prosperous state of things, ultic't
must necessarily be beneficial to parties so deeply inte-
rested in the welfare of the community as the Bankers
of Manchester. The outline of the plan is, Oat the
capital stock shall consist of 500,0004 divided into
5000 shares; no individual to subscribe more than 100,
nor less than 5, shares; that 10 per cent. be paid
within a month from the time of subscription, and 15
per cent. when the deed of settlement is ready DI be
signed. The Company to be considered as formed WIRD
the subscriptions shall amount to 1000 s'sares, and then
a Meeting of the Subscribers is to be convened to elect
a Treasurer and Committee of Management. When
2000 shares ate taken, the Coinpany to commence bu-
siness under the management of a President, Vice Pre-
sident, and twelve Directors. This is the outline of the
plan, which will hereafter be mote rev:lady detailed.

Lord Gnosvarron last week laid the foundation of a
new Market•house at Shaftesbury, which is to b.: built
principally at his own expense. •
A galley convict having been tried for murder at
Brest, and found guilty, the execution took place on
the following day, as such persons have no appeal. All
the convicts were present iv. chains. Whilst the Exe-
cutioner strapped the prisoner to the fatal board, they
remained unearned and on their knees. Cannon, with
their mouths directed towards them, were loaded is)
their presence, and the troops charged their muskets, so
as to be ready to 6re, if any disturbance bad arisen. In
the midst of these Imposing preparations the criminal
was put to death.
The following witty simile, contained in one of To-
WWI Comedies, is said to have been levelled by the
author at Cumberland—" He sits there in his closet,'

expecting inspiration, like an old rusty conductor wait•
ing for a/ash of lightning."

POLICE INTEI-4.1G ENCE.
GUILDIIALL.
.Mir Br am was charged With obtaining money under false pre
tences.-....51r. Dobbs, the stationer, irt.Hridge-strut, filackfriars, the
cohipliiinstst, stated, that about thrie years at.) he was at the shop
of, Mr. Reichard, Piccadilly, when the prisoner came in with a.
begging petition, and himself anii some °theta !Oman-1 Ss. each
to relieve him. On Wedneedriy last the poisoner applied at his
Counting.houito with k sithilattpitiiion, stilling that he bad failed in
business, his creditors had titan polesession of all his property, and
to aggtattate his dill:tildes, his gait bad died, leaving him with sin
young children. To the/petition was added aUK of subscriptions,
and a recontraensiseion,. purporting to be Aped by tits Rev.,. kir.
Shepherd. ekrhrdirU, id* by ltowlind -Hill Upon. questioning
the primate clotelidie equivocated. and 51r. Dobbs recollecting
his persert,lnmeislered him au impostor, and gave him into costude.
It appeared he hal-obtained Ss. from • Mr. Iticknell, of the Re-
gistrar ince, Chancerplane, stating that he was recommended by
the Ile,. Josiah Pratt, ant Mr. Coates, of Salisbury-square. There
was no doubt the signatures of theroto- Clergymen weer forgeries,'
' the itev. it. Hill having been outof town some months, while the
petition appeared to' do sigueinilJime; .apcl.-the diction of the
other recommendationAttriying. its dtarketsK
lite prisoner, wiM, it is said, wee:formerly a Member of the
Surrey Chapel, ot* Ity the,nante Of White, was remanded.