The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-08-01 00:00:00

LOCAL MEETINGS.

LIVERPOOL UNION MILL AND BREAD COMPANY.—
On Tuesday the annual meeting of this company was held
at the Clarendon-rooms, Mr. Francis Boult in the chair.
The chairman opened the business of the meeting by
reading the report of the directors, which stated, amongst
other things, that the directors regretted they could not
announce that any progress had been made during the
past year, in the erection of the mill, or otherwise in car-
rying out the designs of the company. Mr. R. Rathbone
moved, and Mr. Jos. Williams seconded, the following
resolution, which was passed unanimously : " That the
directors be instructed to take the most vigorous measures
to collect the first call, and that a special general meeting
be then summoned, to consider what further course shall
be adopted." The accounts showed that the total amount
received for calls, interest, and sundries was £2914 165.,
and disbursements amounted to £lBB6 ss. 4d., including
£5OO deposits on land, and £7OO paid to Mr. Fairborn,
as per special agreement, leaving a balance to the credit
of the company of £lO2B 10s. Bd. _ .

AMALGAMATED GAS COMPANIES.—The first meeting
of the " United " Gas Company was held on Thursday ;
W. Fosberry, Esq., in the chair. The report stated that
the capital of the company already raised and paid up,

and which amounts to -.C423,750, has been divided,

required by the act, into 7140 shares, namely, 3270 shares
of £lOO each and 4870 shares of £23 each, so as to corre-
spond with the shares of the late companies. The Amal-
gamation Act confers no additional benefit on the share-
holders of the late companies as respects the appropria-
tion of shares. The company have now four stations for
the manufacture of gas—the Dale-street, Vauxhall-road,
Athol-street, and Grafton-street. The directors contem-
plate dispensing with the Dale-street station, and dispo-
sing of the entire property in that and the adjoining
streets. They propose also to centralise the offices and
management at Newington. £5OO per annum was voted
for the directors ; and Mr. H. Steele was appointed trea-
surer and manager to the new company, at his former
salary. Mr. Carson and Mr. Lloyd were appointed law-
clerks, at salaries of £2lO per annum each, but not to be
entitled to charge any legal business except parliamentary.
Mr. L. Mbzley stated that the directors had ample means
of paying the ordinary dividends, and they had an im-
mense reserve fund to make up deficiencies.

THE LIVERPOOL BOROUGH BANK.—OH Tuesday the
twelfth annual meeting of the shareholders in the Borough
Bank was held at the Clarendon-rooms. There was a
very large body of the proprietary present. John Pen-
nington, Esq., the chairman of the board of directors,
presided. Mr. William Cross, the manager, read the re-
port. It commenced by stating, that after & year disas-
trous beyond all parallel or precedent in the commercial
history of the country, it could hardly be expected that
the report to be presented would be of a satisfactory cha-
racter, or that the bank, in common with other establish-
ments, should not have suffered heavy losses. The direc-
tors were glad to be able to make, notwithstanding, a small
dividend out of the profits of the past year. Personally,
they would have preferred to have placed the amount to
the reserved fund; but they had thought it due to those
who looked upon their shares as a part of their income,
that this dividend should be made. The profits of the
past year, after the payment of all expenses) were
£48,168 15s, Bd. ; to which was added a balance to the
credit of premium account of £575 55., making together
£48,744 Os. Bd. From this there was to be deducted the
losses and bad debts during the past year, estimated at
£38,099 12s. 7d., leaving a balance of £10,644 Bs. ld.,
out of which the directors proposed to pay a dividend of
two per cent. upon the paid-up capital of £498,120,
amounting to £9962 Bs., leaving to be placed to the bad
and doubtful debt account, £668 2s. Id. The report was
adopted.
SELECT VESTRY.—On Tuesday, the usual fortnightly
meeting was held. Mr. Churchwarden Ferguson. pre-
sided. Mr. Urquhart moved, pursuant to notice, that the
recommendations of the Building Committee, for aban-
doning the Workhouse in Brownlow-hill, except such
portions of it as might be required for Parish-offices, and
erecting anew suburban Workhouse, be adopted. Mr.
Poole seconded the motion. Mr. Wylie opposed it, and
moved as an amendment that the Building Committee be
instructed to proceed with the plans of the workhouse and
offices at Brownlovr-hill with all convenient speed. Mr.
Earle seconded the amendment. Mr. Avison moved an-
other amendment, to the effect that it was desirable that a
fuller statement of facts and reasons for recommending-the
new workhouse, than that already submitted, be embo-
died in a report, to be printed and submitted to each mem-
ber of the vestry. Mr. Woodruff seconded Mr. Avison's
amendment. The board then divided on Mr. Avison's
amendment, when there appeared—for it, 18, againstrit, 4.
The amendment was consequently carried. Mr. Abraham
moved the adoption of the report presented at the last
meeting, relative to the proposed new medical and surgi-
cal arrangements at the Workhouse. Mr. Watson se—
conded the motion. The report was adopted, subject to
the approval of the Poor-law Commissioners, and the spe-
cial consideration of Mr. Taylor's case. Government
made a claim of £7OO for the wages of the crews- of the
lazarettoes during the fever crisis. The claim is under the
consideration of the Finance Committee. Mr. E.G. Nel-
son having on two- recent occasions received sums- of mo-
ney belonging to the parish, amounting to £5, for, which
he did not account, and he having admitted the offence,
and that he was before convicted of a similar charge, was
suspended, and ordered to be dismissed forthwith. Upon
the motion of Mr: Woodruff, seconded by Mr. Hodgson,
the churchwardens and overseers were ordered to consult
with a legal adviser, and ascertain whether the Vestry had
not power to punish Nelson. The Committee of the In-
dustrial Schools reported that the duties of porter and
bookkeeper at the schools were inefficiently discharged,
and that the religious education of the children was not
properly attended to. They recommended several dis-
missals of officials, and that in future the duties of porter,
bookkeeper, and storekeeper be all discharged by one
individual. It was then agreed to give a bookkeeper and
storekeeper £7O per annum for discharging the duties of
these two offices, and to allow £lO to his wife for attend-
ing as.porteress at the gate.