The Sun. — 1847-04-15 (London, England)

PATENT GALVANISED IRON COMPANY.—Tuesday the halt-yearly meeting of this company was held at the,; London Tavern. The chair was taken by Mr. Malin! -; when the secretary read the report, from which it an peared that the defendants in the late suit had admitted the validity of the patent of this company, and had agreed s to refer the question as to compensation for the past _fAct-' eminent counsel on both sides. The directors referre".„ to the great advantages to be expected to this compsni from the amalgamation of the Lynvi and the Porth u.n. Railways, and the co operation of the South Wales Ball_ way Company, by the aid of which their great resources in South Wales, both as to coal and iron, would be fell developed, and they would be brought into comnitleic:; tion with their works in Staffordshire, to which new fit many local difficulties were opposed. The balance of Pr, was 6,913/. 13s. led., out of which the directors rece!!‘„ mended a dividend of 2 per cent, for the halt-year, oleo of income tax The working capital having new comes so insufficient to the demands of the increati7l trade of the company, the directors had been ncg°"o7l ing for a loan of 30,000/. ; but from the tetij )of the deed, it could not be completed, which ei°`,. render it necessary for them to propose an 80271; lion in the deed, which limited them to raise dots only when the capital was paid up. In the event of ttile negotiation going off the directors thouht it advisable to make a further call of 1/. per share, so that the eeilie pany might not be any longer inconvenienced bY_bo want of sufficient capital. The cash account showed balance of bills and cash in hand to be 5,236/. 89..,,"0 From the statement of the Chairman it appeared the produce of pig iron at the works in Wales PllO doubled, an.l the average produce of' coal was about. tons per week. They hiid from thirty to forty et! v engines at work, and from 2,000 to 3,000 men eo3l"°Jits in Wales and Staffordshire. The whole of their affab at present, and for some time past, had been in a W 54.9 state of productiveness. Up to the sth of March til .; t had been producing about 600 tons of pig iron per we and when all the additional furnaces were couipletes said it would average 1,000 tons per week. By La ef r of the railways he had mentioned, they would have tßeo priduce brought tt, ports from which they were nowAir but excluded, and would be nearer the port of Car""t_ than were the works of Merthyr Tydvil. The repers.; • after some discussion, was adopted unanimously. meeting was then made special for the amendment of tb deed, and the consideration of the subject of a further ctill of 11. per share on the new capital. The resolutieol for this purpose were agreed to unanimously, and a 1144 of Yanks was passed to the Chairman, when the meet" adjourned, DISTRESSING SUICIDE FROM REVERSE OF FORTIIOI —oli Tuesday morning an inquest was held before Zdr. Charlestons ew,i sr, ecsporeocrtiei ng r, at th thee d elied th ofl Mr.pr u Alexander 1 lice -xhaonuleeo L M`Dougal, aged forty years, of N 0.3, atton-street, ree, Bethnal nutter appeared the following. t 0 r s st au ni eid cese. from the evidence that the deceased was formerly 3 very G r ee Green, distressing wh oCI /lllll3ciirictuei m p, sse sion of very large estates in Scotland, but in cod: • sequence of his very intemperate habits he was compelled. to mortgage them. He became very much reduced all embarrassed, and his wife and children were on sever*: ocatsions unable to procure the common necessaries 4,1. life. He was considered very imbecile, and for Or; time past had been very low and desponding. CV Saturday morning last he left home, apparently in usual state of mind, and on the afternoon of the salt day he was discovered lying on his face in a ditch, quits Church-lane, 14,ytoustone, with his throat cut and ger dead. He was immediately removed to the above public house, where he was examined by Mr. Mackenziela surgeon, who found three v. ry extensive cuts on throat, the head almost being severed from the 13°.L. On the ground where the deceased was discovered was found a razor covered with blood, and also a razor el."' The jury returned a verdict of " Temporary insanityou. •