The Statesman.
London, England, 1822-05-11 00:00:00

MIST/MVP uP PROPIUMMS up siva INA
• • &POCK • •• • • 't 4
. • ...--weW•—•
tlMPlllere 'initial ill 'Dekko. a °Pieria Court of Prei
prieboisi Of Synth Soo Shock was held at their homi ill
threadneeillsiottreet. At stai ?clock thtioani Masi Pl.
Oat, KM.; the novae.,; accompanied by the major
part of the Directors, entered the room appropriated to
the Meeting; lad inniediately took the Chair.
The Cissiimaa; io stating the object of the meeting
ultsetved that be felt timehleruble diadem, in bringing
((Seward a subject of loch infinite ishportsoce, as that
whiOs he had now to Wink, lie had Caused the
printed particulars (of Which tbi intistarici was imported
to Hie Svatasmart yesterday) to be distributed, as the
.bett mode of conee,sag to them the particulars of the
plan in agitation. lie thee pioceided to state that be
had had frequent latetviews with the Chancellor of the
Eichequer upon the subject; and thinking it a plan
likely tee benefit the holders Of South Sea Stork, tie
deemed it expedient to call the present Meeting. Ne..
thlag would be proposed on the part of the Directors, or
himself, as in individual ; but he sat there to submit the
proposition to the consideration of the Proprietor:, Anil
answer any queries they might put. A single lirddiftg
up of the- band would determine the question either
way, and he wished to remove any idea th it might exist,
that be came there prepossessed in favour of the owe-
sure. • ale would offer no opinion, bust merely state that
he considered it likely to promote the interests of
the Proprietors, by receiving by 4 per Cent. invalid of
he presestactividend of 4 pot Om. upon their stock.—
The question was, whether they deemed it expedient to
enter into the contract ? Those Pro/ dews who were'
agreeable to the measure, would he required to give
ktheir assent in writing, and in the Act of Parliament
proposed, a clause would be introduced to p all
the rights and immunities of those members who were
indifferent to the plan. The Company would have the
power of raising nsoury. upon an issue of bonds, and he
saw no reason to imagine that bonds of that respectable
sunspots), should not obtain a pica equal to India basalt,
or any other similar securities, particularly so as thesis
would passes. the additional advantage of bring guaran-
teed by the Long Annuities.—(Applause.)—lie was in-
structed not to propose any resolutions, but only to re-
commend the thing to those most competent to Judge of
its merits. This S3ciety had, frein its first establish-
ment, been in the habit of taking tinenearl tootraets
Irma tiovernment, and therefore the proposed .useseere
was nut so remote from their usual lino:mite, es the tii:e
of South Sea Company might at first imply.. • '‘
Mr. Moses Mocarra observed, that he did loot see VA,
way so clearly as the importance of the subject eft/sit:v.l.
It had been already stated, that the intermit tit ttier'
stock would he increased fr. . 34 to 4 per cent. Ile
wished to know whether that interest 5% as to exist du ri .ig
the forty-live years contract, or for an indefinite penaJ!
The Cilairtmax replied that the profits were to be
derived from the ilttference in the contract price of tae
'sag annuities, and that at which they might hereafter
be sold.- The (Merest would certainly (wily contiliae
during the 45 years.
A Resolution was then proposed by Mr. 3losts Me.
tuna, and seconded Ly Mr. J. CA rel., That the present
Deneral Meeting of the Proprietors do assent to 014.
Court of Directors treating fur the contract with tiet,
vernment. •
.• •,,
Mr. Jous LAWFORD rose previou-ly to the tineage•
being put, to express Isis entire disapprobation of to
scheme, which lie conceived ft:ought with huger,' an'3 \
which, as as old Proprietor, lie should think it iii.tut, %.
to oppose in every shape. ' 1
Mr. DANIEL MocerrA could not perceive that Janet
which the Hon. Proprietor had expressed as likely to
emanate from the measure.
A very loag desultory conversation then took place, in
which Mr. Al*. ifiverfb, Idr. I. linanesttior. Mr. Oral.
Mr. HIGOINE and other geatleinen took part. .
The Resolution was then read, and upon the 'hew of
hands the numbers appeared nearly equal on either tide.
Mr. C s Doou here moved as an amendment,
that as the carrying into execution of the plan was
likely to depend upon the amount subscribed to by
Proprietors, a Hook should be opened to receive such
subscriptions, anti that the present Meeting be ad-
journed until Monday, whets the Directors should report
the amount.

This amendment teas at length adopted, Mr. Lanford's
being the only hand held up against it, and the Meetiag
adjourned at thee* o'clock till Monday next,

LAW INTELLIGENCE.

• •
• COURT OF IMO'S BONO% Mimi&
e, : •
TUX 11111111 r. manna.
Mr. BINGHAM moved for, a rule to thew rause I•hy
the clerk in Court should hot par the costs occasioned
to the defendant (prosecuted by die SoCiety for the Sup'-
pression of Vice), for a libel, in consetinence of the el-
treat of his recognisance*, to appear to take his trial at
the Middlesex Sittings after la.' Hilary Twin. The
defendant was bound io recoguisances tp appear to and"
try the indictment against hiw. Ile had neglected to
make up the record and give notice of trial at the sit:-
pointed Sittings, and consequently his retognixancot
were estreated. To have them respited, be had been
put to about Ilt. expense; and it teas contended that
this expense ought to fall on the clerk in Court, inann
much as it was imposnible„ from the press. of businens,
that the indictment could have been tried at the Sittings
in question.
The Coun•r thought .that the defendant's lathes, in
not making up the record and giving notice of trial, was
a mall, ient ground for entreating the recognizances,
.And therefore refused the rule.

APRIC•N iNSTITLI'IION.-I.IIC Duke of Gloucester
presided at the Meeting yesterday. Mr. Harrison
read the Itsport, which we are sorry to say confirm,
our former statements of the inf traffic in td4r,.,
being still carrird on by the French and other ni•
!lions, ender .I;fferent flags. Lord Calthone. Lord
Nugent, Mr. Brougham, Mr. Wilberfivi and the
Magness of Londonderry, spn:ie in terms of jugt
reprobation of this human traffic. A,.resoln,ion
moved by the Noble Marquess
satid.seconlcal hr Mi.
Wilberforce was carried. ananimoupli; It was to the
following effect r—" That this Meeting lamented that
thi tratik was still carried on, and intiihrett tiorero-
tnent to use their utmost endeavours 10.140 life !Agri.
Trade declared Piracy 'by the colic rrrrrr • a ytpet 4
all Nations."

A respectable farmer at Hilltop sl..._•Geplite. ttrtt
years ago quitted the farm which bereatedosoi bring
able to hold it any longer on terms satisfactory+, his
Ile accordingly sold off his stock, and ob-
tained for his couples (a ewe and lamb) 31.. Its. and
hogs 465. each. The same farmer has dere' retaken
the farm, and bought of tie ontzoing tdiant Letter
couples than those be bating told for 41i Ids. at ::is,
the comfit., and equally g 0.041, Logi 4415-16-.iicti” •%At
Lora Poolett's sale of feremieg.sSeck. two years ago,
ewes were told for 31. t•aels..The same ewes were salt(
last week at Sitscron Fair, I'ol.lo. "Saelal—(lotPirvf
terceiy.)