The Express. — London, England, 1852-02-25 00:00:00

THE NEW MINISTRY. The papers of this morning repeat, in every in stoner, the list of the new Ministry, as given in yes tenleys Express. The Daily News adds thereto t h o following: ltitswur declares that on Friday steps will be taken for inducing an early explanation of their pelicy from the new °mutants of office ; and it seems char that if the Mutiny Act and a Money 'tote ran be secured by Earl i)ERYT, he will then be rt-adr to dissolve the parliament,—and;" take the sense .:t the country,"—whenever the necessities of hi. position seem to militate the desirability of such a .„ 1 ,. Ihe people must be on the alert, for they nil mall probability be before lung in tho midst of o ercticial election struggle. We shall then have 11 re, tied evidence enough of the desirability of the shall doubtless be " ftclingly persuaded" of the great necessity that exists fur a wholesome reform of our representative system. .1 third edition of the organ of the protectionists says: - • • followina additional appointment% have been made and ....evphd, with the es.c.ption of that offered to Mr. O. 1. y, ung litawinte-141.4 II RDINGIR. 1pr.14 ~(Mtair.t:ty—Adtuirul MILNE, Admiral Hussar• Alm:ral It. rAllk1:::. n b a,t siereuirier of India Board—Lord Diessar, Mr U. 1i OLLIE. trate tiverrtary of Board of Trade offered to (1. I'. 'forme.. Lent etimeterlain—The M irquit of Exert& Mot — -- tr of tee lime—Lord J V.1."1:T. Gentlonas-at-Anno—Lord SAN cf the Uuard—Lord Ituoe. Trt.ttrer- Colonel FOKINTEII. C.mp:rulk•r—Loral O$3V UIToS. LANIS in Waiting—Mouox, Eraom, Citorros. 11A WIKDILS, VEIWL AM, GALWAY, XIIANNo%, POLWAKIII. CONTEMPLATED RI CONSTRUCTION OF _ _ THE ANTI-COHN-LAW LEAGUE. Last night a meeting cf a very spirited diameter was held at Mewliall'abuililings, Manchester, to consider whether, Lord Mel having obtain. d power. and being pledged to propose a re-imposi!ion of the corn duty, the Anti-C •rn-Law League should be renewed. Tho meeting was convened by circular, at only a few hours' notice ; yet it was attended by more than one bun &cd gentlemen, from parts of the manufacturing clutricts of Lancashire and Yorkshire. Mr. (“orir, Wilson was called to the chair, and in a brief sp,ech be called silts ntiou to the present posture of affairs, end to the necessity which existed for being prepared to re sist any attempt to reimpose the duties upon corn. Oa tin• notion of Mr. W/4. Ewes, of Manchester, se conded by M. AHROW*I4I7II, of Hilton, it was unani moody resolved "That the gentlemen who formed the Lticutive Council of the late Anti-Corn-Law Leegue be rewiesnd to watch the policy and proceedings of the new administration ; and that they be desired, should the neces sity for each a step arise, to call together the Coan til of the League." . . . B y sub..quent resolution, it was resolved to adjourn till luesday next, by which time it was expected that the p hey ut tLe gourumcnt with regard to protection would be known. The opinion of the meeting was strongly in favour of the immedlate resoacitation of the Leagme, for which all the za•teri.d. arc ready ; but the chairman urged that the cause of free trade, which appeared now to be iniperrilled, would be promott d by waiting until the Earl of Dorby had for m d:y .innotworil his intention+ in parliament. '1 he new pr, tub r bad, at the commencement of the session, urged _ _ . th, mipo.ktiou of a duty upon earn for the sale of revenue ; but it must be remembered that he was now invested with the roopon.ibilities of office, and his views on this subject might have undergone modification. The meeting consented to net upon Mr. Wilson's sn it( •nun. In the course of the proceedings it was repeatedly de clared, amidst much cheering, that if the League were once resuscitated its operations would never be suspended until the permanency of Free-trade had here thoroughly astab hdted ; that more money, more time, and greater efforts welsh! be devo:rd to this great purpose than had been given tosupport the free trade movement prior to 1816; and that, before embarking on the wild enterprise of restoring monopoly, Lord Derby would do weU to consider its effects upon the position and interests of his order. TUE DERBY CABINET. TO THIB ZDITOIt OF THE DAILT WIWI. Slit,—Tho Derby cabinet not unnaturally retreat. fora space to its own mussels. What may be the hey-note with which it tepees erewhile to captivate the public ear as yet uuknown. Whilst the secret divine:Me are at work pnpitring the ministiall peeseewne. the welds Moult bear Ili mind the eery sweat aalleamiemia et those et. now host (Mice, and be awed bow they an The Kandy Cabioet is Inches up—that is no evil tZ.lf the days of i trete whiggisas are numbered, M me the better—we tan afford to rejoice. Due let la Yt Mar labliti• tated a permanent tory administration. la the Astral, a tory government is always • bad thing—its law is retro only me good may coins out of ...a can it be is any erase a good thing. Our danger ia, that in oar weari ness with meet whigger7, sad our moiety to be no lower ;mimed by Lord Johns family contusions, we may be hanbi,isled into • forgetfulness of the real character and pneldectione of the party we have now to deal with. Oa the eve of an impending general electiou this is • danger IK ISO small magnitude ; and we may feel very certainly snared that the attempt will be made to throw dust into war i yes. Shall we allow ourselves to be blinded ? Barl Derby sad Mr. Disraeli—the tint and second addles—bays kumucuoisely played the tease protection. Marl Duey end Mr. Disraeli h oe their vows who isises. is the matimatal •trs beewsea freedom mai we know when they sewit be. Should the die. tined balsaes of power be still further thanintsfr a = h the preoperative addition of a few minim be we Übe ke thew rill be ahinhein el reeerew thaw sad disestie, le sake it the iwareet al a eery Iheilaa is ea- mange Eaglish interfsnon. Nbat thsa hi saw te be the asthma' course ? Whit tba aeliwat cry i LA Derby sad dear bread Totaled retreveldea awl Meg snits t Toryism, terrorism, sod war? Iheeely not. And yet it any he needf u l in t he wean *triode to keep is 11•10111• Ow e the fact, that Iserwever they way be hidden wader the bushel of politic eartlee I.resest wpm% these are ell AMY LA the political erred of wet are gesiewes. Let as &war already is the Tease preasiday charitable iadal stheiptinii by Weis earietbutp to deceive we into acquiescence with the sew ripine.—Yours, he. SCRUTATOR. HEALTH OF LONDON. The official report sari: In the week ending last Fiturday the deaths registered in the metropolitan dis tnets were 1,072, showing an increase of 102 on the return 't the previous week, in which the number waa 970. In the tin coevespoadiug weeks of the years 1842-61 the &so ng.. was 1,096, which, with • correction made for increase Of population, becomes 1,194. The return of last week ex hibits a mortality, therefore, le, than the corrected average by ta. The increase on the preceding return arises principally from ciimmee of the respiratory organs, which were fatal in the former week to 184 persons, in the latter to 203. Fhthisis or con.umption (in the tubercular duel destroyed 111 and 155 lives in the two successive weeks. It will be obwrved also that while the deaths front pneumonia rose in the same period from 54 to 74, those from bronchitis de mand from lit to 93. In connexion with these facts, it seems necessary to remark that the mean weekly tempera ture, which in January was generally above 40 deg., and in the first wick of February rose to 47 deg., declined in the ,frond week to 3811 deg., and last week it was 39.8 deg. the births of 764 boys, and 824 girls, in all 1,589 chil dren, were registered last week in London. In the seven co 44 rresponding weeks of 1846-61 the average number was 1,7. At the Royal O'vervatory, Greenwich, the mean daily rewhog of the barometer wan above 30 in. on Sunday. Fri aud Saturday, and the mean of the week was 79.871 in. Tie me in d.iily temperature was above the average of eon r"`Pondutg days in ten years on the first four days, and be:ow it on the last three. On Tuesday the mean tempera tun r.we to 41.1 deg., and on Friday it fell to 31.9 deg., silo, )1 IS more than 7 deg. below the average. The mean upi ratan. of the week was 39.8 deg. In the former part st no week the wind blew from the west, and in the latter frAn tin. north. THE DITITEf.s Ify KENT has given a &Wks of SOL fr !wilt of the Ho :Wirth eulferpre, sad a -- of loot to the Society for Improviss the Dwelliago of *arm It Waukee. UM:SCALIA lli n TlDE,—Yesterday afternoon there was an unusual high tide, caused chiefly by the wind blowing very fresh during the last two days from this "A ward. Most of the cellars in the lower parts of Wapping, Rothe rhithe, and 13 in k s id e were completely inmselanW, the tide rtrhid up PO quirk that censiderablit domt War , m ih.ne to pr o p er t y belon4g to the peer people the bassmeats At 5 o'ehisk th e atenmilos beg =le culty in passing under the bridges, especially the elieheebee of Westminster and Slacidnars, meta. W w alms height of the tide. irbe Court, The Earl of Derby had an audience of the Queen yesterday at Backingham Palace. The Duchess of Kent, attended by Lady Anna Maria Dawson, arrived in town at half-past eleven o'clock yes terday morning from her residence, Erognsore, near ind sor. royal highness visited the Queen at Buckingham Palace, and partook of luncheon with her Majesty and Prince Albert. At three o'clock in the afternoon the royal duchess left her residence, Clarence•houw, St. JAIIICO . S. en her return to Frogmore. The Duke of Wellington bad an audience yesterday afternoon of the Queen at Buckingham l'aluce. royal family took their accustomed exercise yester day in the garden of the palace. l'rinee Albert rode out on hoer:back yesterday attended by Lieut. Col. the lion. A. (Jordon. The 'amen had a dinner party yesterday at Buckingham Palace. The company included the Archbishop of Canter bury, the Duke of Wellington, his Excellency the Austrian Minister and the Counttes Buol schauenstem, his Excellency the Sicilian Minister arid the l'riner," Carini, the Earl of Carlisle and the Earl and County': of Albemarle. The band of the Ist Life Guard. was in attendance during dinner and performed the following piece' : °vertu's- label; vonpowal lie the Weasel aitus of taw Statue el Vredeitek 11. Wieser Nam, in-silt" Veiled& co the ii.eotch air, %Vander* V. Mk^ Yrlal reek N alhelais Queditille bow Militaire Her Majesty's private band attended at the Palace on Monday evening, and performed the following selection: therture 45 Selection—. La Ville du ......... U n.eitti. SittOZlkt" Air Cheval de &woof' Aube:. Mr. Entwiale and Mr. Peel Of NaLeheater) had an inter view with Sir ti,urite they yeaterdiy, at the Ilenie-,Mice. Mr. lleHew, M.l'., had also as interview with the ltight 11. m. Duellet. _ _ Despatches were scut yesterday from the CoIOMA-office to the Dover:tun of Doug Kong, Ceylon, and Malta. De 'patches were also sent to tho Uovernor of the Mauritius. Despatches were 'WC . ..Ca yesterday from the (inset nun of the North Americal Provinces, and Gaza the Uoveruor of 1iCt041111.14, at the Colomat office. THE. JUDGESHIP OF THE PREROGATIVE COURT. —The °thee of dean of the Are Lea and judge of the Prerogative Court of Canterbury, 'scant by the deceit.° of Herbert Jetwer hurt, has, it la mated, bean conferred on !sir Jubo Uuls.o, the Queens Advue.tte ; but it is not pct known who will be the miece.tor of Sir Julio Dodbon, the office of Queen's Adeocate bring in the gift of the mutt r. Acconling to the Ilormuay thronick, Dc. wisr wia muse the appointment. (Free Lilt shrbro Ca:elle.) BUCK IN(i11.01-1'.11..%CE, Fin. 20.—'Phis day had au dience 01 bar 3fiej. sty Monsieur de Dille, Emmy Extraor dinary and Minister l'hniputentiary from the King of lkinuark, to deliver his credentials; to which he was intro duced by Earl Granville, her Majesty's Secretary of State for Foreign Affair., and cooducted by Major-General the IL.n. Sir Edward t'itst, K.C.11., Master of the Ceremonies. FoItEIGN-OFFST., FES. 12.—The Queen has been irraciously pleased to appoint Arthur Charles Magenis, , now her Majesty's Minister Plenipotentiary to the s lei Confederation, to be her Majesty's Envoy El i traurdinary and Minister Plenipotentiary to the King of Wurteuilienr ; Andrew Buchanan, Esq., now Secretary to her Majesty's Lezation at St. I'etersburgh, to he her Ma jesty's Minister Plenipotentiary to the Swiss Confederation ; l'hilip Griffith, Esq., now Secretary to her Majesty's Lega thin at Athens, to be Secretary to her Majesty's Legation at Wallington; Augustus l'aeet, Esq., now First l'aid At taelli to her Majesty's Embassy at Paris, to be Secretary to her Majmty's Legation at Athens. Foay.lus-oFnez, FED. 21.—The Queen has been graciously pleased to appoint John Julius C•illings West wood, now British Viec.Cunsul at Rio do Janeiro, to be her Majesty's Consul at that port ; al.o to appoint Bonarny Mansell l'ovrer, Esq., to be her Majesty's Consul at l'a I riaba• MASTER Or THE HOSSE'S-OfTICS, FEB. 16.—The Queen hos been graciously pleased to appoint George Our don Macpherson, Esq., to be Page of Honour to her Majesty, vice Forbes. DowstNa-sruErr, FEB. 23.—The Queen has been graciously pleased to give osiers for tho appointment of the Right Hon. Lord Broughton to be an Ordinary Member of the Civil Division of the First Class, or Knights Grand Cross of the Most Honourable Order of the Bith; of Lord Bowden, her Majesty's Envoy Extraordinary and Minister Plenipotentiary to the Quern of Spain, to be an Ordinary Miliber Olathe Cis il Division of the Second Class, or Knights Commanders of the said Most Honourable Order ; et Major-General John Owen, C. 8., late Deputy-Adjutant aleneral of the Royal Merinos, to be an Ordinary Member of dr Military Division of the Second Class, or Knights Oinemeneders of the said Most Honourable Order ; and of 1111111 m Miller, Esq,. Commissary-General to the Forces, to be on Ordinary :grottier of the Military Division of the Third Class, or Companions of the said Most Honourable Order. Iler Majesty has further been pleased to appoint Richard Graves Mc Donnell, Esq., CR , now Governor and Commander-in-Chief in end over her Majesty's Settle , . meats In the Gambia, to be Lienteang&Governor of the Island of St. Vincent ; Morris Power, Req., to be Lieu tenant-Governor of the Island of St. Lucia; Henry Cart wright, Esq., to be Superintendent of the Penal Settlement in British Guiana; John Palmer, Esq., to be her Majesty's Treasurer for the Island of Dominica ; and Henry Robson, Esq., to be Colketor of Customs to her Majesty's Settle ments in the (iambi*. WHITEHALL, FED. 23.—The Queen bas been pleased to nominate, constitute, and appoint Como Jo nes, Esq., Advocate, to be one of the Ordinary Clerks of &milieu in Scotland, in the room of Thomas Thomson, Esq., resigned. WIIItEIIALL, Fee. 23. —The Queen has been pleased to appoint Benjamin Robert Bell, Esq., Advocate, to be Sheriff of the shires or sheriffdom of Elgin and Nairn, in the room of Como lanes, Esq., resigned. Citowrt-orricz, FEB. 24.—Member returned to serve in this present Parliament, for the County of Kent— Eastern Division.—Sir Brook William Bridges, of Good **stone Park, Bart., in the room of John Pemberton Plumptre, who has accepted the office of Steward of her Majesty's C hilternC Hundreds. COMMISSIONS SIGNED HT THE LORD LIEVTENANT or ATUSIIIIII.-Bir Thomas Montgomery Cuninghame, Bart., Sir William Millet, Bart, and Alexander Oswald, Esq., M.P., to be deputy lieutenants. Lieutenant John Joseph Bernet to be captain, Carnet Walter Ferrier Hamil ton to be lieutenant, and Archibald Finnic, Goat., to be cornet, in the Ayrshire Regiment of Yeomanry Cavalry. COMMISsION SIGNED HT THE LORD LIBUTERAIST Or OLOUCIIIITIMMIL—Duncombe Pyrke the younger, Gent., to be ensign in the Royal Swath Battalion of Glow cotter Light Infantry Regiment of Militia. Comm/moms StONED IT THE LORD LizuringAirr or Yoncentan.—The Hon. Francis Thomas De Grey, Viscount Forderich, to be cornet ia the Yorkshire Hussar Regiment of West Riding Yeomanry Cavalry. Lieutenant George Addison to be captain, and George Mieldethwaite Stansteld to be eargeou, in t he Shad Wert York Regiment of West Riding Yeomanry Cavalry. EXPLOSION OF A A deplorable accident secured at West-bill, Oldham, about half-past 11 on Monday morning, by the explosion of a steam-engine boiler. A small factory had been erected of two stories an height and twenty yards long, with an eight-hone steam engine, by Messrs. Mattel and Clough, but of late it had been in the bads of Clough only, who let of the shaftlag power to area tenants, &isiißmtta! waste cleaners, who required the power to turn machines. A long circular boiler, of 21-horse po;r7, — ha presare, supplied steam. This boiler was Axed in brickwork outside the balding, at the north-west corner, ekes to • tall ehiabey 17 yards high. The boiler exploded with • braille report, at the same time rising out of the brisk week and leaping into the air and pitching forward dosplde sad pest the factory to • distance of 40 yards, whilst the bask-end of it, which w the part first giving way, was blown Se a gnat he*ht, paining over a &able row of cottages at the weetbd of 1 the factory. This part of the boiler was afterwards found 50 yards distant, and some of the bricks and cotton waste from the factory were found at upwards of 100 yards dis tant. The boiler-eed, in its coarse, 'truck the tall chimney of the factory, and caused it unfortu nately to fall over upon the nearest cottages, almost wholly destroying two of them, and killing one of the occupants, Mary Newton, who was at the time preparing her husband's dinner in the kitchen. She waa assisted out of the cottage alive, but died within an boar afterwards, from bruises and scalds. Her son, • boy about 11 years old, was about 16 yards from the do or, having on his back thesclingest child - , 16 months old, and both of them were . The child, Sarah Ann Newton, was also struck on the nom by • brick, and severely wounded. The little sufferer died very shortly afterwards. Mrs. Wright, a neighbour, was in Mrs. Newton's house, and also sus tained a severe and dangerous blow on the fore. head. James Howarth, the tenter, was in the tree when the boiler exploded , and it went over his but he was knocked down by the Wish-week, sad medial such severe injuries ea the opine ad ether puts of the body that his resevery is net ezpossei. John Wart tide, who was working at • wheel in the faribry, maestro& with • brick and so severely hurt that be IA set likely to beaver. The explodes dastroE 2 abesl spare feet of masonry at the side onto, bu whew the base dead, but the machinery has net eu emape. Berea UM blousing to the Aakelpmasi Baia y IZit seem were in this pert of the rell, fatting, with • view te loathe Ilmo bli g a se ribl ikr • asello•alew but received ae Wary Odd* one led Ws hat, mid =ether got his feet fast la lie feedio a Ikon tide the eagledis. Three of the sallow bag their dews owl wisdoms deolosysk Idedillos to two bolsi destroyed. The Wow led only hems pat dews twelve months, but was se eM one path : i l s ag a s. The stays Melds were strong and well belted y, and one bee the rivets from the end se the before giving way. STONMOVNE, DEVON.—PIOI2IITANT ALLIANCE.— Oa Monday a tweeting was hell in Stonsbouse, over which Janes Sheppard, Esq., M.D., resided, In commotion with the Protestant Allianot, at whisk a petition maim the pasta Maysooth was west to. BOILER. -.... • .. .1.•••• • • THE EXPRESS, WEDNESDAY EVENING, FEBRUARY 25. 1852. ELECTION NEWS. tare debt, a claim not bearing en the tn., a t►e Current year, as the flied trate of wile mods that, so that what they had from their passenger and goods' traMle alone funned the dividend. It would be seen that they carried 2,000,000 of passengers during the last half year without any suhstantial claim fur damage to life or limb. (Hear, hear.) The East and West India Docks were now consfrulting • bridge across the lock, by which they could discharge their goods into vessels loading outwards without the necessity of employing craft for that purpoee es they were now obliged to do. Ile had last year spoken of the additional revenue which they might hone from the re moval of Smithfield market. Ile had that morning re. aeived• consiuunieation from persons connected with the REPRESENTATION or LEEDS.—A meeting of the leading liberal. of Leeds was held last Monday night, in order to determine upon the gentlemen to be submitted to the ,lemon fur their sueragea. The gentlemen fixed upon were James Garth Marshall, Esq., the present liberal re presentative; and Francis Carbutt, Esq. Thu latter gen tleman entertains moderate reform principles. Ile has for many years been a leading member of the corporation, of which he is now an alderman. Ile has also held the attire of mayor, and is • recently crested justice of the peace, but ' perhaps may he meet generally known as ono of the direr tors of the Midland Railway. On the conservative side, it is expected the candidates will be Wm. Beckett, Esq., the present member, and John Gott, Esq. It is said that neither of these gentlemen is a protectionist in principle. They both permits great local influenee—Mr. Beckett, as the head of the chief local bank, and Mr. Gott, as a mem ber of the eminent roanufacturirdt firm of B. Gott and Sons. Mr. (iott wee one of the royal commisaioners of the Great Eahibitiou. With such candidates the contest will, no doubt, be a severe one ; hut in the present state of the re gister of electors, it is believed, with union, that the liberal party will be able to carry both their men, though it swat be admitted that two more formidable opponents could not appear against them than Mr. Beckett and Mr. John Gott. 'l'he ministerial c• • has caused an immense sensation in Leeds, and it may well be imagined that in a town which hoe derived ouch great ad vantages from free trade, the advent of a protectionist ministry has also caused much apprehension. Every rumour has fur two or three days pot been viewed w ilk intense interest, and tho morning papers and telegraphic despatches are read with great avidity. There are few, however, if we except a small party of ultra-conservatives, who believe in the possibility ut a restoration of protection, or a lung lease of (Alice to Lord Derby, however ho may square his policy to suit the the temper of the House of 01,1=0114, or def. r to a more "convenient season" the hopes ut the piny on whom he is relying (or support. Of all the aepoit.tm :ats in the programme of the new ministry that of Mr. Disra e li to the Chancellorship of the Exchequer is consinered the least suitohlu Rod eati.factory. Most people here seviit to think him better adapted for any other post. The oak eof llomo Secretary, assigned hint in the I.... V rtVs of Monday, was looked upon an by far the I most eligible appointment for the lion. ;entlernau. COLCIIESTER.—The acceptauce of Lord John Ma ilers of an office under the government will occasion an immediate election at Colchester. We learn that the libe rals are prepared to contest the election with every prospect of succoss.—lpstri Lrpreas. LtvEttreart..—Mr. Ilurefoll is not a candidate for Liverpool ; and, moreover, he will not accept an invitation from say constituent body whatever to serve in the present or the ensuing parliament. Whatever the friends of Mr. Holdall may wish, the hope of his candidoteship is defi nitively sad conclusively at an end.—Lieerpoo4 Mail. new Finsbury Park, setting foal - tithe advantages that may be derived from it us a source of revenue. When it was finished they would take it for what it was worth. Its would now conclude by moving the adoption of the report. (Hear, hear.) The report having been adopted. A resolution declaring a dividend of 000 per cent. for the half-year, fr:•e of income tax, was agreed to. On A resolution authorising the directors to raise a sum of 16,1;.,iit. by loan, under the art of 1850, A I'ItOPHIETOIt wished to know why they 'eked for this sum of money, when it appeared from the account that they had a sum available on the 31st of December of G',7001? Mr. MANGLES said that that sum of 69,7001. was made up in part of the 16,faiGi. which they now naked for. Of course it would not be available if they did not get it. 'flue resolution waa thin agreed to. Mr. Creed and Mr. Thomas were re-elected directors ; and Mr. Sweetland was re-elected auditor. A Tote of thanks to the chairman terminated the pro ceedings. LANCASHIRE AND YORKSHIRE RAILWAY. The report of the directors, to be submitted to the half yearly , general meeting, to bo held on the 3rd of March, 1842, contains the following statements: "CAPITAL AccouN T.—The total amount of share and mortgage capital chargeable on f:VCDUO for the half-year coding 31st December lut is a. follows, excluding leased lines :—Ordinary capital, 6,154,1001. ; guaranteed capital, 6 per cent., 791,0101. ; guaranteed capital, 4i per cent., Z 53,7911.; Manchester and Southport capital, 13,39,1 f. ; loam and delayed pgyrnenta, 3,207,819/. ; add—Fitths capi tal, subject to special order fur reserved dividend, 1,488,4;(01. ; total, 11,917.29G1. Tho expenditure tin capital account (luring the beta year has amounted to I 63,8271. 18e. 7d., of which the following constitute the main items, and apply more particularly to the further reduction of liabilities on account of lands' , purchased and works executed: Manchester and Leeds Main Line and Branches, 8,7671. 4s. Id. Additional working stock—vis ' NI new goods waggons, 9,82.51. ; lets (tools, &c. 2,1591. 25.-7,6611. ; Liverpool and Bury Liue (Tithebarn - street Extension, &c.), 6,7661. 14s. 101. ; West Riding Union Lines, 29,6001. 9s. Bd. ; Burnley Branch, 3,7751. 17s. ; Huddersfield and Sheffield Line and Huddersfield Station, 3,2134. 18s. 10d. It will be observed that an expenditure of 9,82,31. has been incurred in providing additional waggon stock to meet the increasing demands of the merchandise traffic. Your directors entertain no doubt that had thaw and the further additions which they have been called upon to sanction been made at a time when the atten tion aid enerpies of those in office were absorbed by matters foreign from the development of traffic, the ad vantages which have already shown themseliei would have been materially enhanced. Under the present circum stances, therefore, they firmly rely upon your support and approval of such measures as they have felt it to be their duty to adopt, possessing as they do, in their opinion, the double recommendation of improving your income and ministering to the stability and efficiency of your common property. The tonsil portion of the West Riding Union lines which extends tram a point near Sowerby Bridge to a poiut (liar Halifax, was opened for public traffic on the Ist January last, and by means of its directness and superior gradients has so far improved the line of communication existing between the towns of Bradford and Halifax, and places westward. As stated in previous reports, this line formed the last of Moat in course of construction. A gra dual reduction has taken place in the arrears of calls, which amounted on the 31st December last to 129,8761. 13s, in. eluding the arrest, of the last call on fifth shares due in September, 1851, say, 10.5,2031. , •• lteveNca ACCOUNT.—The Met ipts of the company uur ing the put half-year, including the receipts of the Suer- field, Barnsley, and Wakefield line, and the company's pro portion of the North Union line, have been 412,0871.85. 9d. ; deduct amount received for working the traffic of the Blackburn and Liverpool, Crosby and Southport lines, 11,4401. Is. 3d.; 430,6471. 7s. 61.; add two-thirds et receipts of Preston and Wyre lines, 11,51171. 17s. 2d. • total, 4.10,1541. 4s. Bd. The comparative details of traffic and mileage are embraced in the annexed report of the general manager, to whose remirks your directors think it only necessary to add, that in weighing the various circum stances which may have been supposed to influence more particularly the passenger traffic, it should not be forgotten that the leading event of the year 1831, so far from operat ing advantageously as in the case of other companies, con duced to an abstraction of a largo share of that portion of the traffic which is the subject of regular interchange between the manufacturing districts and the out and west coasts, in the autumn of each year. The receipts (sad disbursements on revenue account, excluding the Preston and Wyre, Blackburn, and Liverpool, Crosby, and Southport lines,the proceeds of which do nut wholly belong to your company, admit of the following comparison with those of the corre sponding period of last year. locomen. IEI6I. 1860. Passengers, parcels, and mails £190,310 £173,293 Goods and hvo stock Rents 2,910 167 -- £427,040 £379,980 Manchester, Bolton, and Bury Canal 3,607 3,681 Total £430,647 £383,641 1&51. 1860. Working expenses £149,406 £141,540 Rates, talcs, and duty £167,123 £157,778 Manchester, Bolton, and Bury Canal Total £167,944 £168,442 The items of working expenditure, embraced under the heads of " Locomotive power" and " Merchandise charges," alone show any increase worthy of remark ; and' in these cases a ready solution is offered by referring, on the one hand, to the increase of mile, run and repairs executed, as alluded to in the general manager's report, and on the other hand, to the additional tonnage carried, consisting mainly of merchandise both loaded and unloaded, and to the inces sant demand upon the capabilities of your waggon stock. Your directors have confidence in stating that whether in respect of the working stock in engines, carriages and waggons, or of the permanent way, works, and buildings, every outlay consistent with justice to the whole, and • due regard to economy, ham been employed with effect during the half-year. The balance of revenue for the put half-year, applicable to dividend and interest, amounts to 273,40 1! . 31. 4d. Your directors recommend that • divi dend at the rate of three per cent. per annum, less income tax be declared, leaving a surplus of 19,9401. lits. Bd., to be carried forward to the next account, after deducting the ne cessary reserve for the Fifth proprietors, and allowing inte rest on the &emulated amount of that reserve, at the rate of four per MIL per annum. The subject of the proposed sroslearnatira with the Neat Lancashire Railway Company is still under semideratien. The report dee patheithed M Meet the ashore et the width bes waives_piese between the lemeoldro and Yorkshire, the One. *wane as* last Lanerehire Com mies. no thpeliatiens with the Tork and Muth W Mid ler' Company were the thlly ehexplained , and eteeensats of th=lireasnawy iner et t ampa thr the present awl et the ma th tithe Mel resee sy diir.rs in which they have been recently aneepei were the set forth. The following are thee:occluding passages "A line of railway has Mee erected by en independent company, entitled TM _Leeds. idhed, and Halifax Jaso n:in Railwey Compsey,' 111 by a junction with your line at Bowllag, sear Breslthrd, sad to terminate by a junction with the line of the several companies interested in the joint approach to and the Central Station at Leeds. This line will occupy the same district of country ones pro posed to be served by that portion of your West Riding lines for the construction of which a mandamus has already been trued, and powers are now sought by your company to abandon. It will be at once admitted, that to the extent of the formation of such a line by in dependent parties, at their own expense, and a satisfactory arrangement of the terms upon wh ich it shall be worked by your company, as a part of its system, no objection coul d be raised on behalf of your company, and your directors have so informed the promoters of the line. On the other hand, should these parties seek to secure for themselves a position independent of your company and privileges detrimental to your interests, it will be necessary for your directors to oppose the scheme. It may n 4 be considered inopportune, on the advent of a new session of parliament, to draw attention to the heavy burdens imposed upon all railway companies in connexion with parochial taxation, and the utter absence of any fixed principles according to which their property can be saasesed. The magnitude of this evil cannot well be overstated ; and when it is considered that your revenue secouat for the last few years has been charged with an amount of nearly 20,0001. per annum for this species of taxation, in addition to the heavy expenses necessarily incurred in eelfglefence and the print inconvenience caused by the ab straction of the time and attention of your officers in resist ing unjust imposts, your directors cannot refrain from an appeal to each proprietor in his individual capa6ty, to aid in the accomplishment olmeasures for general relief. The following directors retire from office at this period, and being eligible, aro recommended by their colleagues for re election, viz.:—Messrs. Henry Wickham Wickham, William Marshall, John Hargreaves, James Helene, and Richard Atkinsoa. Mr. William Dunlop, one of the auditors, re tires also at this period, and does not offer himself for re election. It will be your duty, therefore, to supply the vacancy thus created." DIRECT LONDON AND PORTSMOUTH RAILWAY.— The half-yearly meeting of this company was held yesterday at the London Tavern, iiishopagate-street. W. A. V. ilkinson, Esq., took the chair. The following report was laid on the table Your directors hay" but little to state on the present occasion. The preparation for finally abandoning the undertaking is going on, but the rooec&ngs at law which have bola laetitatad hiadowasza 'pima the OXS pany, pending in August lest, and then mentioned to the proprietors, have not advanced to a hearing, though your directors are advised that one of these suits will very speedily be heard. The directors proceeded to advertise for tenders for the forfeited shares, and the only tender they received was for 2,000 shares at 2s. 6d. per share, which they, did not think it expedient to accept. The dime .ors have, during the half year, enforced arrears from some of the largest shareholders in default, and aro proceeding to do the same by such others as are in a condition to pay such arrears. The directors cannot recommend t'io immediate adop tion of any measures for winding-up the under taking under existing circumstances. The accounts showed the balance in bond to be 24,376'. 2s. 2d. The Chairman was afraid they could nut constitute a meet ing, as they must have 30 shareholders prew nt, represent ing 100,0001. in the company. lie was not in a position to sly anything satisfactory to the shareholders; and, if it had been so, the directors would have taken means of con stituting the meeting by proxies. It would be some time before the existing claims could he settled, so that the re maining balance could be divided amongst the shareholders. The directors were anxious to avoid the neceseity of wind• lug up under the act, u it might absorb all the little balance which minim& A judgment had bees got unbolt the sompany in one ir.stance, amid en far the direc tors must await the result of the appeal. In conclusion, lie would Nay, that the u-mril circular had Inen sent out tor summoning this meeting."—A proprietor asked if proceed ings had been taken against the delimiter. ? The Chairman said that proceedings hail Nods insti tuted in some cases, and in th,,,e the money had been obtained.—A Proprietor asked what was the use of advertising the s:eires ?-11te Chairman said that they had promi-ed the propriet rs that the shrres should be publicly sold; but the price offered was not what they thought proper to accept.—Mr. White, front Leeds, asked it there was ho other mode for winding up the company, by which the money could,at will, be divided ?—The Chairman could not see any other than that which they were adopt ing; if there were he should be happy to listen to it —A Proprietor inquired to what extent the last call had been paid ?—'l he Chairman replied, that 100 had been paid upon out of 3,300; and that they were proceeding against some of the largest shareholders. If they were likely to has,, more than 30s. to divide they needed not to proceed against those parties.—The converaction then dropped, and the meetu.g adjourned without coming to nay r,-anutioa. Sr. ANDREW'S AND Ql'idaEC RAlLWAT.—Yesterdliy the ordinary lialf.yearly inei ting of shareholders woe held at the King's Arms hotel, Bridge street, Westminster. In tho aheence of the chairman of the board of directors (Earl Fite william), the chair we. taken by the deputy chairman, Wm. Storey Featherstone, Esq. Mr. Byrne, the secretary,read the report, which warn unanimuudy adopted. We extract the following passages " The iiirecturs, in presenting the shareholders with their wand half.yearly report, hare much satisfaction in stating that the high opinion they ori ginally entertained as to the capabilities of the line, has in no way diminished. That from every source of tine, whether from returns of traffic, or the opinions of persons of much experience end high standing in the pro. vines, or whether from the reports of their own confidential agents and engineers, the same undeviating testimony is borne as to the ultimate value and high character of the undertaking; and to this oriuion they feel that all who near I in mind the aim and object of the undertaking will yield a ready assent, for it may briefly be described as com prising the formation of the shortest and simplest, ant consequently cheapest, line of railway that can be built to connect the Canada with the Atlantic un British territory, and which, by traversing the southern and wanner districts of New Brunswick, shall not be subjected to those obstruc. tions from the inclemency of the seasons which are insepa table from a more northern route. The directors are happy to announce that the contract for the tint ten miles, which had been let to the Messrs. Myer., an American firm, bas been completed, under the able superintendence of Mr. Light, the engineer to the company, an English gentleman, who had obtained smell experience in the construction of railways in the United States. The wood superstructure has been laid down over en extent of live miles, and the remaining portion of the ten miles being in a state to receive both it and the rails, there will be little difficulty, on the breaking up of the frosts, in completing that portion of the line, and running trains, as there is an engine ready at St. Andrew's fur the purpose. These will be the ant ever run in New Brunswick, awl will be the dawn of an important era in the progress of that province. They will continue to servo the traffic of the country, but in ouch a manner ea to be sub servient to the carrying on of the works." The Chairman observed that three of the directors in terms of the act of incorporation would retire. It was moved by John Neville Warren, Esq., and seconded by Robert Koss, Esq., that Benjamin Sharpe, Esq., William Storey Feather stone, Esq., and John Montague, Esq., be re-elected, which was carried unanimously. A I'mprietor inquired if there was any progress making with any other lino io New Brunswick. Mr. Sharpe stated, in reply, that there was no other line but the St. Andrews and Quebec in course of construction, but that there had been two schemes pro posed, one to go by the north, and the other through the centre of New Brunswick, but they had both been aban doned us impracticable. In fact, there was no practicable route to open up the Canadas to the Atlantic but the line adopted by this company, a fact which was now acknow ledged by all parties acquainted with the local details. The thanks of the meeting were given to the chairman and directors for their valuable services in promoting the in. temta of the company. YORK, NEWCASTLE, AND BERWICK ItAILWAY.- -The half yearly meeting of this company_ was held at the De Grey Rooms, York, yesterday last; Mr. Pulleine, the chairman of the company, presided. The attendance of shareholders was rather numerous.—The Chairman (Mr. Pulleine) who had been elected in the place of Mr. Leeman resigned, then proceeded to state that Mr. Leeman had re signed the office of chairman on account of the bail auto of his health, and that he had been elected in his stead. Ile then went on to comment upon the report, which, having been previously circulated among the shareholders, sins taken as read. The traffic, be observed, would, he thought, on the whole, be satisfactory to the shareholders, as it was to the directors, there being an increase on the correspond ing half-year. With respect to passengers, there was a de crease in those who travelled by first class, and an increase of these who travelled in second and third clue. The coal traffic was not so utisfactory, in respect ef money received, as in the corresponding half-year, there being a decrease of 5,3951. With respect to the working expenditure, there was an increase in various items; but, looking at these on the whole, he thought there was no reason for any feeling of diwitisfaction on the part of the shareholders, as the matter had been explained in the engineer's report, and the charges had arisen from matters which had occurred during the half-year. After entering at some length into these items, the chairman referred to another question which he said was probably the meet important question that would come before the shareholders that day. That question was as to how the permanent way should in future be maintained, and the directors recommended that 24,1371. should be set apart for the present year, and that in sub sequent years the amount set aside for that purpose should be 19,0001. Having alluded to two or three other matters of minor importance, the chairman moved the adoption of the report, except as to the paragraph recommending the erection of a railway hotel at York.—Mr.Plews seconded the motion. —Mr. Common then rose to move an amendment. He and many other shareholders felt that • larger dividend ought to be paid, at least h per cent. The permanent-way fund, as arranged in August, 1849, must be modified. lie showed how that plea oraguselly was adopted, on the elaborate statements of Mr. Harrison. He did not impugn the principle of a permanent-way fund; but many engineers had done so, and some companies who had adopted the principle had since relinquished it. He felt that the plan of a permanent-way fund was uncertain and unsatisfactory. He entered into extensive details to show that the company had no occasion to reserve so large an amount as 24,0001. per annum, especially as they had had an offer to con tract for maintaining the way for twenty one years at • sum greatly beyond the reserve now being mado.— Mr. Mitchell seconded the amendment. Ile relied upon the great increase of traffic going on from year to year, as a justification for the adoption of the smendment ; which, after a lengthy discussion, was negatived on a division.— Mr. Johnson then moved that, for future years, the reserve fund be 16,0001., which was seconded by Mr. Schwann, and, on a division, was carried by a large majority.—The report, as amended, was then adopted. A dividend at the rate of 3 per cent., leas income tax, was then ordered to be paid on the 9th of March next. Mr. Wharton was then re elected • director, and Mr. Hunter, of Newcastle, was appointed a director in the place of the late Mr. Kipling.— Mr. Thompson, chairman of the York and North Midland Company, moved a vote of thanks to Mr. Leeman on his retirement from the office of chairman of this company. — The Hon. J. C. Dundee seconded the motion, which was carried by acelamation.—Mr. Leeman acknowledged the compliment —The Chairman then proposed the erection of an hotel at York, which was opposed, and a warm discus sion ensued. On a division, the numbers appeared to be pretty equal, but the chairman declared the motion to be carried, whereupon a poll was demanded, and the result was as follows:—For the hotel, 62; against it, 30; majority in favour of the inn, 22. It was then demanded that the votes should be taken on the numbers of shares held by the shareholders who had voted. Mr. Wylie was re-elected an auditor, after which thanks were voted to the chairman, and the meeting separated. THE SOUTII DEVON RAILWAT.—The following is an abstract of the report of the directors of this com pany:—" The passenger receipts during the Exhibition are not much less than those which were realised in the previous year under more favourable circumstances; while the succeeding winter traffic has shown, and con tinues to show, a gradual improvement upon that of last year. There has been an improvement in the goads traffic, and the aggregate receipts for the half.year are somewhat larger than those to the 31st December, 1860, while the expenses of working the line have been slightly reduced. The disposable balance on the 31st December amounts to 10,6321. 17s. 11d., a sum sufficient to pay the tined dividend on half-shares which will be due on the 16th March, and the same dividend on the whole shares as that declared to the 30th June, leaving 8361. 18s. Id. to be carried over to the current half-year. The directors there fore recommend that a dividend of 6e. be declared and be paid on the whole charm." GLASGOW AND SOUTH WESTERN RAILWAY. — Traffic (or the week ending Feb. 21, 1862: 3,8191. 14s. Ild. Corresponding week in last year, 3,6221. 12e. 9d. LANCASTER ANN CAKLIBLE.—The electric telegraph L to be laid down between Lancaster and Carlisle. RAILWAY MEETINGS. OXFORD, WORCESTER, AND WOLVER- HAVTON RAILWAY. Yesterday, the half-early meeting of the share holders took place at the London Tavern, Biahopegate- Street ; Capt. It etillOUT, M.P., in the chair. The CHAIRMAN said it was his duty to say a few words as to the present and future state of their railway. With regard to its present state, the balance-sheet showed that during the half.ecar ending Dec. 31, 1141, there was ex pended 29'2,3.1,5& 6i. Id., making the total expenditure 2,112,0801. Vie. Id. The works were going on satisfactorily, involving altogether an expenditure of about 50,0001. a month; and when the extra wen to from Tipton to Wolverhampton were proceeded with, the monthly expendi ture would amount to about 7.5,0001. The line trout Droit with, by Worcester, to Abbot's Wood, fourteen miles, was already opened ; from Evesham (south) to Abbot's Wood, and from Droitwich to Stourbridge, in March; from Stuurbridge to Tipton in October ; from live chain to Wolverhampton in December. In speaking of the future prospects of the concern ho must remind them of what had t.,ken place during the last few menthe. It would be recollected that at a meeting held on the 27th of August, a resolution was ;Noised to the effect that the terms of the Great Western Railway Company should be , accepted, provided that company would guarantee 3 per cent. to them at the expiration of four years, and not other wise. To that arrangement the Great Western Company refused to accede. The chairman of the Great Western Company had estimated that their profits would be equal to 3 per cent. per annum, but when asked to guarantee that sum, the company refused to do so, but said they would agree to the appointment of a traffic committee and a sworn accountant. 'l' here the matter ended. On the 28th of October, the Oxford, Worcester, and Wolverhampton Company appointed • committee of shareholders to communicate with the directors, and the report of that committee was then in the hands of the proprietors. Such was the state of their affairs at that mo ment. Three courses had been open I. them. One was to form an alliance with the narrow gauge interest—the Lon don and North Western Company ; the second was to form an alliance with the Great Western interest; the third— ' and this course was that which the directors considered the hest—was that of forming an independent line. An al liance with the narrow gauge interest was liable chiefly to the objections of distance; an alliance with the Great Western Company on the terms proposed, they had re fused. There remained, therefore, to be considered only the propriety of their constituting an independent line. The tors direc had therefore prepared a bill, which was called ' " No. 3 Bill," and, though the progress of the affair might be attended with considerable trouble, they thought the course proposed was that which would ultimately be at tended with the greatest advantage to the company. Se veral bills had been prepared, but some of them might in the end be dropped if the others were passed. That to which he chiefly wished to direct attention was, the bill for making a line from Oxford to Brentford. (The hon. gentleman here referred to a map, and then con. tinued)—lt must be obvious to every one present that this was by far the shortest route to London. He believed it was shorter than the other route by ten miles, added to which was the fact, that traffic would come from the nor thern districts at once, without any change of carriages, up to the Vauxhall terminus, belonging to the South-Western Company. By this means they would be enabled to carry to London, with advantage, the heavy goads of the iron dis tricts—a branch of traffic which, he Wined, was now actually refused by the North-Western Oseepanys bassuse they had so mach other trains an their bends ; and at the same time this route would he tin met tenvenioet, as re spected many places, for pramere truffle. This land owners generally—the large Miedmitiers almost universally —were avowable to the sobams, end petitions were pre sented 'my_ day from almost gong town on the route, as well bon isa Imo betwass Oxford and Wolverhamp ton se AMR Ibsen between Oxford and Brentford. The int wadi pain through Theme, Wycombe, Uxbridge. sod Meessesisld, to Lowden. 'flia question arose kn. mine dm feeds a be obtained for this under taking? abetwarbee.nsHnJ,tbeairengeat part of their ease. The oaatwartar's tender anestantod only to 870,0001. ; of which snateentillk6oo4. was already subscribed for, and 63,6401. wail, paid into the Court of Chancery. would now move that the report of the directors and of the committee of shatehulden be received and adopted. (Both these reports were taken as read.) Mr. THOMAS, a director, seconded the motion. After some discussion the report was adopted. The retiring directors were re-elected. Mr. G. Cohen was elected auditor. Mr. MOWATT proposed, and Mr. USIELLI seconded, the following resolution : " That this meeting, having had under consideration the project for me:tension of the Oxford , Worcestc r, and Wolver hampton Railway by means of the proposed Oxford and Brent ford Extension Railway, and also in the scheme set forth in the report for distributing and apportioning the capital of 8000001. required for that undertaking, do cordially and entirely approve of the twee, and they authorise the direc tors to take all such inseams OS they may think At for car rying into e ff ect the permission accorded by the sulneribers of that capital, and offer the shares in the first Matinee to the proprietors of old shares in this company." Mr. PETO, M.P., said he had examined the whole of the estimates for the new line, and had no hesitation in my ths that contracts might be entered into within the amount which had been given by the directors. The only doubts which he felt had reference to the Med. Hs believed, however, that the line might be completed for 30,0004 leas than the amount which had been stated, and would be happy to 'entreat for the whole at once if they would give him the benefit of that margin. The resolution was then adopted. Other residences in secordarthe with the report were also agreed to ; and, after giving a veto of thanks to the chair man, the meeting separated. EAST AND WEST INDIA DOCKS AND 'BIRMINGHAM JUNCTION RAILWAY. The ordinary half-yearly meeting of proprietors was held yesterday, at the Euston.square terminus, Mr. Bcorr in the chair. Alter the usual preliminaries, Mr. Chubb, the secretary of the company, read the report, which C h u already appeared in the Express. It appeared from the statement of the accounts, that the groom capital of the company amounts to 1,036,6661., of which 966,9631. had been realised, and the remainder, 69,7021. Pb., was available on the 31. t Deormber, 1861. The half-yearly revenue account showed receipts to the amount of 30,2411. 19a., and as expenditure of 17,6171.75. 7d., leaving a balance of 12,6241. Ils. 6d. The CHAIRMAN congratulated the proprieton on the satisfactory termination of the works connected with the original undertaking, leaving 170,0001. of surplus property. The oast fell short of the original estimate of 100,0001. per mile. 100,0001. might seem a large sum for a railway to' cost ; but when they considered the important and valua ble property through which it vent, the many difficulties they had to contend with, and compared their expenditure with that of other metropolitan lines, it would be found that it was by no means a very large outlay. The exportation the Bbtekwall Railway were 266,0001. a mile, and the Omen tried Railway cost 270,0001. ; so that their lino would bear a favourable comparison with these. The additional works which they were constructing, viz., the junction with the Blackwell Railway, the cal sidings fur facilitating the goods traffic, were in an active state of preparation. They had received an intimation from the Great Northern Com pany to allow them to exercise the right of coming on their line. 'The directors would give the subject their considera tion, and this, when carried into effect, would be a source of additional traffic which they might look to. The re venue 11000U11% for the half year showed a balance of 12,624!., whisk gave 2 per cent. on the capital stock of the oompany, pattlag aside the prehrence slum of the deben- --- Eau Intelligence. EQUITY COUILTS.—YESTERDAY. Barons vast Loses lewricna or seem. Batons v. TOT EARL or Oxroan. In this ease it appeared that in 1832 an arrangement had been entered into between the law Earl of Oxford and his son, the defendant, for the purpose of paying off certain ineumbresices then existing upon the funnily estates, and that with that view they had joined in sutfer,eg a re covery of a portion of the.) (states, and in resetting them and other estates belonging to the late earl in fee, t•y II ill ea dated in March of that year. By this deed it was provided that in care the defendant, then Lord Harley, should sue• vire his father, the late earl, the trustees mimed in the died should stand possessed of the hereditament comprised therein upon trust fur the lute earl for lit e, renmiuder to his ios, the present earl, for life without impcaelitutnt of wuto (but subject to power thereinafter limited to the trustee or trusted thereof to lilt timber and tied ravecid growing on the pry tinsel.), with remainder to the :bet and other sons of the di leedant in :nil. Power was teen given to the trustees at any time thereafter, so long as there ►huuld be any incumbrances •mans:ing upon the premises (but nut then, after the decease of the then tart, without the i intim. of the pre sent earl), to tell and cut any timber ' stuntiLig and growing on the premises, and to sell and dis pose thireut, and to moldy the money to arise therefrom in in-charge of the mallow -a and inetenbraneas sulnisting upon the premises. The late earl died in 1848. Einea that time the trustees had, with the ursent of the defendant, on 1 several occasions exercised their power of cutting and selling I the timber; hut lattme y such imi at had been retu,d, and thu ' earl hie elf it was alleged had proCeee.e4 to eut Gahm.. The object of the suit was to restrain him from so doing, on the ground that upon the construction of the deed the power given to the truste•s cosi rrode his power to cut timber se tenant for lift unimprachaLle fur waste. The save came before their lordships upon appeal from Vice-Chancellor Parker, who had granted the injunction. Mr. Malint, Mr. 'Wendell Palmer, and Mr. Cite ap peared for the appellant, the earl ; and the Solicitor- General, Mr. ISethell, Mr. Itussea, Mr. Toiler, Mr. Marti neau, and Mr. Chichester, fur the different defendants. Their lordships held that the power given to the trustees to felt timber, though to be exercised only with the cunseut of the earl, ovarode the power of the defendant as tenant 'fur life, and directed that the injunction should he ten alreadytiu iI, and t , ti y a t t h e e n d l:27: 6 % t t. should Parcae Vic,Cuaricstui Mu Lunn PAlntes. THE OItRAT VinsTURN RAILU AY COMPANY C. Ittsx- OCT AND OTIIEIm, AND TIM 1./grunt), Wunce..,llol, AND WoLVERIIAIIgtog RAILWAY CoMPANY.—IMJUNcrtuN. This was a motion to restrain the defendant, from using the ,cal, fundr, and monies of the Oxford, Wu:roster, and Wolvcriiampton Railway Company towards the payment of any costs, charges, or caprices of, or relating to, ur in any manner occasioned by the scheme fur an cotension railway of that compan being an extension from Wol vercot, near Oxford, to Worcester; us the solteitiog or pro freeing thereof, or the bill for c trrying that at .tvnie into effect, istroduced or about to be introduced into voltam' nt ; or hr or by reason of any other bill or scheme, or using the name or seal of the defendant company for the introduction or solving of such bill, and in particular from outtriog into any contracts or engagements 111 the name of the defeinhott company, with rekrenee to the eropemed WI& 'taking er any other scheme tor the like purpose; and also from ex cluding six of the defendants, being directors of the &fend ant company, from full and free acmes and iuspectien of, obt doing information touching all, agreements, acts, and matters by the directors and agents of the defendant company, relating to the scheme and bill. It appeared that the Oxford, Worcester, and Wolver hampton company WAS forme I upon a enruprolui,e between the promoters of the broad and Dan ow gauges, owl upon an agreement that the line should be laid down upon both gauges. Ihe act was obtained in 1815. The capital of tho company was to consist of 1,5400,00 th. in 30,000 shares of 5 , 11. each, with power to burrow ~00th., The Great Western Railway Company was authorised to take chores in the andertaking to the amount of 750,01101., being one half of the capital ; there were to be sixteen directors, of whom the shareholders at large Iv, re to appoint ten, but the Great Western Railway Company were to nominate the other six; power was given to the two companies to agree it they should think fit either for the lease or the kale of the line to the Gnat Western Railway Company, upon terms to be agreed upon ; and in case the railway as. not completed by a certain time the Great Wes tern Railway C topany was at liberty, nod, upon the requisition of the Rotted of Trade, comp:ll:dile to complete the line. The Great Western Company lode shares to a large amount in the company, but it was in dis pute u to what that precise amount was. 'Eh , y also ap pointed nix persons to be the directors in the compoy. By two subsequent acts oPparliament, the capital to the com pany was increased to nearly 3,000,0001. The two compa nies could not come to any arrangement either for a lease or fur a sale, and a negotiation was entered into by the Ga ined, Worcester, and Wolverhampton Comp ny for a lease to the Loudon and North-Western and Midland Counties Companies for 21 yearn, and thereupon the suit of "lie roan o. Rutford" was instifuted at the instigation of the Great Western Company, and all proceeding with the agreement was restrained by an injunction of the Court of Chancery. The preeeetlings in that case are reported in I Simms N.S., 550. Shortly after the termination of this suit, negotia tions were renewed for an arraug, tent being come to be tween the Oxford, Worcester, and Wolverhampton Corn piny and the Great Western Company, but these failed, hail thereupon the Oxford Company, endeavouring to make their line available, took the proceedings fur rolleitiug the bill in parliament, which gave occasion for this snit. Mr. Bothell and Mr. Geo. Lake Russell appeared in sup port of the motion. Mr. Mathis, Mr. Follett, and Mr. Bovill objected that tho name of the plaintiffs as a company was not upon the list of shareholders, and therefore that the company had not such an interest in the company's funds as to entitle them to be heard upon such a motion. Mr. Bethel' submitted that this was not a preliminary objection. rhe Vice-Chancellor thought that the objection most be taken, if at all, lie part of the general defence to the motion. The motion was then proceeded with. In support of the motion it was urged that the applica tion to parliament was ultra vireo of the company, and that the company had no right to use or jeopardise the funds of the plaintiffs invested in the undertating for purposes foreign to those of the original constitution of the body, and that the directors nominated by the Gra at Western ought not to be excluded, as they had been, from any of the dieeuseions for the act of parliament intended to be ap plied for. For the defendants it was urged that the proceedings by the Great Western Company was not in faith, and that It came too late. A number °teases were cited, and amongst others " The Attorney-General v. The Corporation of Diedrich " (16 Simons, 226) ; " Coleman v. The Eastern Counties Rail way Company " (Railway Cases); " Munts v. Shrews bury Railway Company " (13 Beavan, 1); " Stephens v. South Devon Railway Company " (lb., 48); and '• Heath colt v. North Staffordshire Railway Company " (2 Ma. and N., 100); " Ware v. The Grand Junction NS Aterworks Company" (2 Rowell and M., 470), was particularly so ferred to on both sides. The case occupied the greater part of two previous days. Mr. Bethel continued his reply to day, at the conclusion of which, The Vice-Chancellor said that the first question which he had to dispose of was, as to the frame of the suit. The bill was filed by the Great Western Railway Company, on behalf of themselves and all other the shareholders in the Oxford, Worcester, and Wolverhampton Railway Com pany, seeking the relief prayed by the bill. It appeared by the bill and the a ffi davit in support of th e mo ti on , th a t the plaintiffs were not shareholders in their own names; but the bill stated, and it was proved by ail. davit on behalf of the plaintiff', that they had a large number of shares standing in the names of lour persons, who were trustees fur the Great Western Railway Com pany, and who were defendants on the record. Under these circumstances it was insisted that the plaintiffs had no title to maintain this suit here. Beyond question a trust was created wader which the plaintiff' were interested in the shares. They therefore had an interest in that which was sought by the bill to protect, viz., the property and con cerns of the company. True it was that for many purposes companies of this description had only to regard the legal title, and that they were not bound to see to the execution of any trust ; but this bill did not ask the company to see to the execution of any trust. They were asked to act on an equitable title—not a legal title. This is not like those cases in which cestui que trusts sought to establish a right in equity which they could have bad established at common law against trustees. Ilia Honour did not see any objec tion to the frame of the suit, especially when he considered that the act of parliament authorising the construction of the Oxford, Worcester, and Wolverhampton Rail way Company assumed that the Great Western Railway Company had an equitable title to these shares. He was, therefore, of opinion that the suit was properly constituted. As to the second point, which was the sub stance of the motion before the court. The application to parliament, to restrain which was one of the subjects of the suit, was to vary the objects of the Oxford, Worcester, and Wolverhampton Railway Company, and those objects were stated in the advertisements which had first appeared in the Gazette on the 11th of November. Now, consider ing the eases which had been cited, the objects to the pro posed application to parliament were lawful, if lawlully pursued. Perliament had formed this company, and limited its powers, and authority . ought to rest with the parliament to vary the construction of the company or to control or annihilate it, or to deal with it in any other way. Any argument that the objects now proposed were beyond those originally contemplated should be addressed to par liament and not to the court. There appeared to be no thing illegal in the objects contemplated by the Oxford Com pany, if they were legally pursued. After the notice iu tho Gazette nn the llth of November, there was •resolution of a committee of the directors authorising the solicitor to pre pare a measure to lay before parliament, whirls wa' brought before the whole boaid on the 19th of Novi tidier, 1861. It did not appear that anything was up to that time known by the Gnat Western Railway Company of any intentioh on the part of the Oxford Company improperly to apply their funds. From the resolutions of the 19th of Novem ber and the 23n1 and 24th of December, it appeared that the committee of directors of the Oxford Company had entered into enormous contracts, which was not known to the director., the nominees of the Great Western Railway Company in the Oxford Company, until the 2tith or January. Now it appeared that the latter company meant to use its funds and to pledge its credit to promote the pro posed extrusion. Upon all the authorities, his Honour thought that this was what the court ought to restrain. s! %W.V. The next question was as to the exclusion of the directory ik i --''. 1. - riSi 5 .,..,, , :: - , named by the Great Western Company from the boat l' - 5,4 6 .\.. " - }. -!,,...... :, • i",,, ) , -, ;.•, / , 4--Ak-V:' ~.~- ,~ ~~~ I