The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-11-09 00:00:00

LOCAL MEETINGS.

WALLASEY COMMISSIONERS.—The monthly meeting
Wag held on Thursday night at the Liscard Hotel, present
Ar• Wynch (chairman), and twelve other commissioners.
report read suggested the application for powers to
ltitament next session, to erect a ferry, in consequence
°L not receiving a definite answer from Mr. Smith, the
ILWIler of the Seacombe and intended new ferry. The re-
l'ue„lt. was confirmed a majority of two. Mr. Goulburn
gel-led a motion for restinding the bye-laws affecting ille-
dl the conduct of hackney coaches and bathing ma-
th 11ea- A committee was appointed on the subject, and
law-clerk was instructed to ascertain the extent of the
Itee t
to )I°rity possessed by the commissioners with reference
the beach.
EST DERBY
11,, GUARDIANS.—At the meeting on Wed-
"'uay Mr. Shepherd was in the chair. A motion was
o,cte that steps should be taken against the townships
re the calls due on the 12th of October, but a counter
k solution was carried.—The chairman said he did not
htti,"f where the money was to come from.—Additional
ti."Ps were ordered to be placed in Mill-lane, as soon as
necessary arrangements could be made. A call of
tr,ittY per cent. on the declared averages of the out-
4;',Wnships was ordered to be paid on the 23rd instant.
iue relieving-officer informed the board that there were
1, teat many children in the workhouse whose parents
i;gd died of fever, and who were not chargeable to them,
1)1 were removable. It was then agreed that all above
! age of seven years should be sent to their native coun-
nnder charge of some person. The chairman, as an
Arn, landlord, bore testimony to the great humanity
to les unfortunate countrymen by the Board.
BIRKENHEAD COMMISSIONERS.—The usual monthly
eaTieting was held on Tuesday. J. H. Qreene, Esq. was
re'ed to the chair. The proceedings of the Market Corn-
14"tee recommended the establishment of a market for
Stock, except cattle, in the neighbourhood of the mar-
t+ and contained a scale of tolls for the purpose. It
Cu recommended that the rents of the shops, stalls, &c.,
ete reduced to £3, £2, and £1 each. This, Mr. Pike
bi,ted, had led to an additional number of tenants. The
Iti:ceedings were then confirmed. The minutes of the
tell Committee stated, that the receipts for the past
ites'llth were £1609, and for October, 1846, 1751. The
o,,s'e,Pts from the 23rd April to the 31st October, 1846,
t 13 648 and for 1847 £l2 240. The total expendi-
o, , , ,
oh Was £8683. The Chairman said the present mode of
"61/1!s• the boats would add considerably to the receipts
toe terry.—The financial statement of the affairs of the
be up was not ready, and as it was likely there might
eotlin so
teme instructions to be given to the parliamentary
ite. The board adjourned for a week.
deVRKENnEAD Docx COMMISSIONERS.—On Wednes-
ive' the usual monthly meeting of these commissioners
sell held at their rooms, Hamilton-square. In the ab-
Potle! of Mr. Mallaby, the chair was taken by William
tl-4 Z 1.7 Esq. Mr. Pike moved, " That it be proposed to
that arehouse company, by a deputation from that board,
n,theY pay to the Dock Commissioners the sum of
Whor on account, and a like sum monthly until the
pro 6 of their debt be discharged, and that, in case this
be tic)sition be not at once acquiesced in, the law cleric
the structed to take immediate steps for the recovery of
Wit entire debt." This motion which was eventually
fone,.,,awn, caused considerable discussion ; and then the
earri"Pg motion, proposed by Mr. William Laird, was
the _e," :—" That a committee be appointed to investigate
ther'oole matter of the cost, and to devise the best means
0°141(1 for carrying on the works immediately." He

observed, that it was the anxious desire of the wareho us
company to give every possible assistance to effect this
object, and that in fact it was their interes; to do so, and
the sooner they did so the better for themselves. This
motion was carried ; and in the end the meeting was ad-
journed to that day week, to receive the report of the
committee appointed to investigate this important sub-
ject.

THE ROYAL BANK.
MEETING OF THE DEPOSITORS.

On Thursday, a large meeting of those persons having
deposits at the Royal Bank, not being proprietors, was
held at the Clarendon-rooms, to determine upon the best
plan to obtain a speedy settlement of their accounts, with
the least possible inconvenience to the company. Mr. R.
Harboard was called to the chair, and Mr. Cross attended
professionally for a few depositors.—Mr. Sutton said he
had received a circular from the Bank implying that terms
had been proposed by them and accepted by the depositors.
He himself had acceded to those terms, and if that circular
were correct why seek for a new arrangement that might
be hostile to the bank. Several other depositors concur-
red in this remark.—The Chairman said the amount of
deposits exceeded £600,000, about £200,000 of which
were placed at the disposal of the bank, upon thei6terms.
Some had refused the terms, and others hid not
replied. Some had borrowed money at a heavy per
tentage, and deposited it ; and it was fair that they
should receive a quid pro quo. He suggested a com-
mittee of two or three gentlemen to confer with the
directors, and report, to a future meeting. Mr. S.
Holme, a shareholder, suggested a forbearing spirit suit-
able to the exigencies of the case. If the depositors
would agree to the proposition of the directors, that the
pay►nents should be made—one-fourth immediately, one-
fourth in three months, one-fourth in six months, and
one;fourth in nine months—he had no doubt the bank
would be re-established on a firm basis ; that it would be
for the benefit of the town that it should resume business ;
and that every depositor was perfectly secure of receiving
his money, because they had the guarantee for it of a
proprietary, whose wealth he was under the mark in re-
presenting as being to the amount of £15,000,000.
(Hear, and applause.) He was informed, and he believed
correctly that the bank had now £200,000 in bills and
cash ; for within the last few days considerable sums had
been paid in. He believed that before the Ist December
the bank could pay to those to whom they were indebted
from £250,000 to £270,000 ; but say only £200,000, they
would still have assets to the amount of £400,000 at least.
If arrangements -now- pending could be carried out, the
bank would be enabled to resume business, particularly as
a large number of the depositors would not require their
money. So far as those were concerned whom he repre-
sented, they would not draw out a shilling. He did not,
however, think that the depositors should be satisfied with
5 per cent. interest, but should seek a larger amount. He
should press for a higher rate of interest, say 6 per cent,
particularly if the depositors egreed to the proposition of
the directors as to the times of payment. He had no
doubt but that many of them would receive their money
in six months.—Mr. Robinson moved that the depositors
present should be satisfied with six per cent, and the mo-
tion was carried, there being only three dissentients.—
After some further discussion, a deputation of five gentle-
men, including the chairman, was appointed to express to
the directors the opinions of those present. This closed
the business of the meeting.