MINUTES OF SEDERUNT OF A GENERAL MEETING OF THE SHAREHOLDERS DESIGNING TO FORM A JOINT-STOCK COMPANY, UNITED FOR THE PURPOSE OF WRITING AND PUBLISHING THE CLASS OF WORKS CALLED THE WAVERLEY NOVELS,

HELD IN THE WATERLOO TAVERN, REGENT’S BRIDGE, EDINBURGH, 1_st June, 1825.

[The reader must have remarked, that the various editions of the proceedings at this meeting were given in the public papers with rather more than usual inaccuracy. The cause of this was no ill-timed delicacy on the part of the gentlemen of the press to assert their privilege of universal presence wherever a few are met together, and to commit to the public prints whatever may then and there pass of the most private nature. But very unusual and arbitrary methods were resorted to on the present occasion to prevent the reporters using a right which is generally conceded to them by almost all meetings, whether of a political or commercial description. Our own reporter, indeed, was bold enough to secrete himself under the Secretary’s table, and was not discovered till the meeting was well-nigh over. We are sorry to say, he suffered much in person from fists and toes, and two or three principal pages were torn out of his note-book, which occasions his report to break off abruptly. We cannot but consider this behaviour as more particularly illiberal on the part of men who are themselves a kind of gentlemen of the press; and they ought to consider themselves as fortunate that the misused reporter has sought no other vengeance than from the tone of acidity with which he has seasoned his account of their proceedings.— Edinburgh Newspaper .]

A meeting of the gentlemen and others interested in the celebrated publications called the Waverley Novels, having been called by public advertisement, the same was respectably attended by various literary characters of eminence. And it being in the first place understood that individuals were to be denominated by the names assigned to them in the publications in question, the Eidolon, or image of the author, was unanimously called to the chair, and Jonathan Oldbuck, Esq. of Monkbarns, was requested to act as Secretary.

The Preses then addressed the meeting to the following purpose:—

“Gentlemen, I need scarcely remind you, that we have a joint interest in the valuable property which has accumulated under our common labours. While the public have been idly engaged in ascribing to one individual or another the immense mass of various matter, which the labours of many had accumulated, you, gentlemen, well know, that every person in this numerous assembly has had his share in the honours and profits of our common success. It is, indeed, to me a mystery, how the sharp-sighted could suppose so huge a mass of sense and nonsense, jest and earnest, humorous and pathetic, good, bad, and indifferent, amounting to scores of volumes, could be the work of one hand, when we know the doctrine so well laid down by the immortal Adam Smith, concerning the division of labour. Were those who entertained an opinion so strange, not wise enough to know, that it requires twenty pairs of hands to make a thing so trifling as a pin — twenty couple of dogs to kill an animal so insignificant as a fox?—”