The Express.
London, England, 1862-07-22 00:00:00

[Stamped, Id. Additional.]

was nesureualy attended. The chair was occupied by Dr.
Woodlark, the rector of the Oatholie Univinvity. The pro-
ceedings were not of remarkable character. The first tout
given was the health of Pope Pins IX. The health of her
Majesty the Queen was then given, and was well received.
The toast of the memory of O'Connell was briefly responded
to by the O'Donoghue. The next toast was " The
Prelates," which was responded Is by Dr. Hoses, Arai
of New York ; and " The Prelates at Home" was
ed to by Archbishop Dixon. Mr. J. F. Maguire,
Irills.rin responding to " The Members at Parliament; ex-
rehimself deeply sensible of the high bower be had
eking pert in the proceedings. The only claim he had to
be so honoured was that during ten years that he had been
• member of parliament he had never, by any act, word,
or deed wavered in his fealty to the mum Lad Palmer.
stop had refused them a charter, but he rather thought
that the catholics of Ireland should be obliged to him for
that refusal, mid should look upon the English Premier as
the real founder of the Catholic Univenits. In fact, it was
Lord Palmerston who might be looked on as having laid the
foundation stone that day. His refuel had stirred up the
catholic feeling of the nation, and they would persevere in
obtaining for themselves and their children free and unfet-
tered education. He believed • minister would yet come
iato office whose cry would be (modem of edneatiou for the
catholics of Ireland. The Chairman expreeed his regret at
the absence of the Lord Mayor of Dublin, the mention of
whose name was received with Mmes. " The Health at
Alderman Ryan, locum Mous for Alderman Joynt, Mayor
of limerick, was next given. The lain toast was, " The
Health of the Corportion of Dublin."

EQITITY 0017RT14.—Tozer 21.
Motors the Lords Justices of Appeal.)
IN RE TUN till AMSDRAINNI TRILASOSI OOKPAITY, Ex
PA RTZ TAYLOR AND IN PARTS NEWTON.
This was an appeal from the refusal of Vice.Clianoellor
Wood to remove the names of Mr. Griffith Taylor and Mr.
John Newton from the list of oonteibutteies of the above-
mentioned company, now in the muse of being wound up,
the former of these gentlemen having been placed on the
tin respect of 8.000 shares, and the latter in respect of
5,000. Yr. Griffith Taylor signed the deed of settle-
ment of the company on the 4th of January,
1846, for 5,000 shares, and on the 31st of
the same month for 3,000 shares, when be berme
• pi:maim:ol director. It appeared that Mr. Taylor had
consented to sign for 8,000 shares for the purpose of making
up the proper number of share' to be taken by shareholders
in order to enable the company to be completely registered
but that, in so doing, he bad acted on the understanding
with the directors of the company that the deposit upon
2,500 of the shares only should be paid, and that upon the
rest it should bs optional whether he paid them or not.
The deposit of 2a. per share was paid upon the 2,500
shares, and three shares were shortly afterwards buns-
jeered by Mr. Taylor to Mews. Ridge and Law, of whom
one was a director and the other manager of the company.
Leon the remaining 5,500 shares Mr. Taylor bad never
paid any calls or deposit. Mr. Newton executed the deed
of settlement of the company for 5,000 shares for
the like purpose of completing the requisite number
of abates to be holden for complete regirtratios,
but upon these be bad never paid any deposit.
By a provision in the deed it was declared that "Imo the
deposit should not be paid, the shares ware to be held
forfeited. Under this provision the 5,500 shares held by
Taylor sad the 5.000 held by Newton were subsequently,
by ITTIRpTIRSZY, declared forfeited.
Their lordships concurred in the view taken by the Vice-
Chancellor that both the transactions between Taylor, sod
the company and Newton and the company were merely
colourable, and were acted through for the purpose of
setting the company on foot and deluding the public into
giving it their support as a solid bout fide undertaking.
was therefore dismissed.
rf.PCIt, Q.C., and Mr. Shabbier', on behalf of Messrs.
Taylor led Newton, eupported ; and Mr. Daniel, Q.C., Mr.
Roxburgh, and Mr. C. T. Swanston, on behalf of the offi-
cial manager, and the creditors' representative, opposed the
, Wed-