BISHOP JENNER ON THE BOARD.

Globe, Volume V, Issue 548, 21 March 1876, Page 3

BISHOP JENNER ON THE BOARD.

The World says :—A correspondent sends to us the prospectus of the Percy and Kelly Nickel, Cobalt, and Chrome Iron Mining Company (Limited). The mine for which capital is asked is in Mont d’Or, Noumea, New Caledonia, The prospectus is accompanied by a touting recommendation to take shares, signed by J. H. Irwine Cruikshank, secretary, who, we may fairly presume, is not a stranger to 0. Lindsay Cruikshank, Esq, Belturbet, Cavan, Ireland, who is a director. We know nothing of the company, and have always supposed that New Caledonia is rather a place where French convicts are sent than whence nickel, cobalt, and chrome iron are remuneratively exported. We should probably, however, not have alluded to the undertaking had it not been that the name of a Bishop appears amongst the directors and the trustees. Mr Oakley contented himself with a humble Levite, who is chaplain of a workhouse, but to use the name of a Bishop in order to tout successfully for subscriptions to a mining company in South Caledonia is a flight beyond even his genius. The name of this lordship is Jenner, D.D., Sandwich, Kent, from which happy retreat, in conjunction with the Honorable Mar Erskine, who resides in the Isle of Wight, 0. Lindsay Cruikshank, Esq, who resides in .Ireland, and Gilbert Hamley, Esq., who is a coroner in Cornwall, he proposes to manage the distant mineral property of the company. “Bach director will hold,” says the prospectus, “ a qualification of £SDO in the company.” Would it be too much to ask the Right Reverend Father in God, Bishop Jenner, D.D., whether he has paid for his qualification, or whether, in consideration of his sacred character, the promoter has made him a present of it ? We would put. the same question to his distinguished associates. The Company, with a prospective capital of £120,000 has two trustees —the Bishop and a major—ten directors, four bankers, and four solicitors. The mine will therefore have to be most remunerative for the shareholders to get any return upon their investments. Indeed, this return can only be anticipated by the very sanguine, for “ the wsrk done upon the mine up to the present time has been solely with a view of testing its value, and in every case most encouraging results have been, and are still being, obtained.” It is difficult to gauge the folly of investors, but surely not a curate will be found to buy these shares, even with an episcopal blessing attached to them.