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15 erthygl ar y dudalen hon

THE UNIVERSAL TOURIST COMPANY.

Newyddion
Dyfynnu
Rhannu

THE UNIVERSAL TOURIST COMPANY. The proceedings against Colonel Marter and Captain Leonard, on the charge of acting in the capacity of direc- tors in the carrying on of the business of the above com- pany, without having a register of the directors, was brought before the magistrate at Bow-street, on Saturday. Alfred du Bois Delavigerie said he was appointed manager of the company in March last, before Colonel Marter, Captain Leonard, and Mr. Craig joined the board. Upon one occasion Mr. Craig said in the presence of the other gentlemen that they had joined the company as directors, and he had received letters from Mr. Craig to the same effect. He had received certificates of shares in the company to the amount of £1,000, as part of the purchase-money for the contract, which was his own property, and for defraying the expenses. The shares were useless, as he could not sell them. He had gone round the country to canvass, and had sold 22 tickets in various towns, and the directors told him they had re- ceived payment for all but two. The company owed him £600, and he had only received 10s. from them. Mr. Oraig had conducted the affairs of the company. For the defendants it was contended that they had only taken up the business of the company in the hope of retrieving its fortune, and paying the clerks, but they did not intend to make themselves liable, and they were not qualified as directors, never having had any shares. Mr. Parker deposed that there had been no list of shareholders until after these proceedings were com- menced, when a list was made up of the seven original members. There were no other shareholders. Mr. Flowers, after hearing the arguments at great length, said he was inclined to think the defendants were directors, but he would reserve his judgment, in order to consider the law upon the subject.

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