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COUNTY COURT, ABERYSTWYTH.…

PETTY SESSIONS, ABERYSTWYTH.I

WATER SUPPLY FOR ABERYSTWYTH.

TYRANNY OVER THE UNEMPLOYED.

. THE LATE GALE.

---LITERARY INSTITUTE AND…

POPULAR READINGS.

;—♦-, PENNY READINGS.

I:—♦——- *,..'. GOGERDDAN…

* CHRISTY'S MINSTRELS.I

VOLUNTARY RELîEF FOR THE…

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... .SALE OF THE HIWLAS ESTATE.

. HAFOD HOTEL COMPANY, LIMITED.

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HAFOD HOTEL COMPANY, LIMITED. IN VOLUNTAKT LIQUIDATION. [The following letter, addressed to each of the shareholders in the above company, will prove inter- esting to many of our readers. J SIB,âI herewith send copy of resolutions adopted at an extraordinary general meeting of the members, with a view of restoring the status of the company. I regret that, notwithstanding every reasonable endeavour to stay expenses, and to carry out the course agreed upon unanimously by the company and by fifteenth-sixteenths in amount and eleven- twelfths in number of the creditors, we are met at every point by continued opposition on the part of the small minority. The reference under the order as to the appoint- ments already made by the company and by the creditors of parties to act as liquidators, came before the Chief Clerk yesterday in Chambers, when, on re-nomination, there appeared :â For Mr. BalcombeâMembers, £ 17,200 Creditors, £28,200. For Mr. Balcombe and Mr. W. H. Banks âCreditors, £24,833. For Mr. Thomas Jones- Creditors, £.3,500. Total for Mr. Balcombe, and Mr. Balcombe and Mr. W. H. Banks, £53,033. The Chief Clerk, after hearing the claim set up in favour of Mr. Thomas Jones, and in opposition to Mr. Balcombe, decided that he would not in any event appoint Mr. Jones but further stated, that notwithstanding the overwhelming preponderance of votes in favour of Mr. Balcombe, he hesitated, in the face of even so small an opposition, to appoint him or any other director of the company, and adjourned the matter until Tuesday, tbe 29th inst., in order that the result of the petition to withdraw may be known stating that if the order be made, the ap- pointment of any liquidators would be unnecessary and. if refused, the creditors should have an oppor- tunity cf proposing as liquidator an independent gentleman who has never held office under the company. The late directors desire me to acknowledge the confidence which has been, and still is, reposed in them their chief anxiety is to carry out in all in- tegrity the resolution of the creditors on the 17th of November but it is obvious>that, if their endeavours are to be met with like oppositionr they cannot be responsible if the result should De. a compulsory winding-up, and the consequent sacrifice of the estate; which,, under a forcødfále, would probably not yield, to the unsecured ctefti^ort; than the first instalment payable in September iieit. I am, Sir, Yours faithfully, V J3. A. MARSPEN. London, 30, Walbrook, B.C., JaKM<tryl8<A,1867. An extraordinary general meeting of the members of this company was held at 32, Moorgate Street, in the city of London, on Monday, the 14th day of January, 1867, pursuant to notice:â Mr. Charles Fauntleroy in the chair. And pre- sent forty other members, in person or by proxy, holding 1,602 shares. Mr. Balcombe, the liquidator appointed by the company, having read the notice of meeting, a long discussion ensued and after reference to resolutions passed by the creditors on the 17th November, as under :â 1st. "That the offer made by the chairman for the payment of the creditor^' claims in full by five equal instalments of four shillings each, on the 30th September in each year, commencipg 1867, without interest, be accepted." 2nd. That Mr. H. W. Banks', of Coleman Street, London, public accountant, be appointed a liquidator conjointly with Mr. Dalcombe, to protect the interests of the creditors." The following extraordinary resolutions were then passed unanimously :â 1. That the arrangement entered into between this company and its creditors, .as expressed by a proposal made to the said creditors and adopted by a resolution passed by them at a meeting of the said creditors duly convened and held at 32, Moorgate Street, in the city of London, on the 17th day of November, 1860, and subsequently confirmed by considerably more than three-fourths in number and value of the said creditors under their respective signatures, be, and the same is hereby sanctioned by the company as required by Bee. 136 of The Com- panies' Act, 1862. 2. That the liquidators, or the late directors of this company be, and are hereby severally authorized and. requested to apply by petition to His Lordship the Master of the Rolls, to sanction the removal of both petitions (on which an order was made on the 15th instant) off the file of the Court, on the ground of the arrangement entered into between the com- pany and its creditors. 3. That the liquidators or the late directors of the company, or both of them in conjunction, be autho- rized to make, from time to time, such application or applications to the Court as may be necessary to embody the arrangement above referred to, in the order to remove the petitions and to seek and ob- tain such authorities and powers as they may be advised are necessary for giving effect to these resolutions. (Signed) CHARLES FAUNTLEROT, Chairman.

PENNY READING, LLANBADARN.

♦ BORTH.

—»-. ABERDOVEY.

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ST. MICHAEL'S CHURCHYARD.

LLANBADARN CLOCK.

THE WELSH CHURCH.

LLANBADARN CH URCBY AR U.

ro THE EDITOR OF THE ABERYSTWYTH…

I TUUS AMOR—A PPEM OF SIMILES.(j…

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