The Express.
London, England, 1852-09-04 00:00:00

SHEFFIELD CUTLERS' FEAST.

This banquet, given annually in honour of the
inauguration of the newly•eleeted stoker cutler, took place
at the ('utters' Hall on Monday lest.
At 1.2 o'clock the cutlers' company walked in procession
to the 'Numbs% where the racers for the
_year wen serves
in by Mr. James Wilma, the Lw clerk. The nimbus of
the corporation returned to the Cutlers' Halt in preemies
at a quarter hefore one o'clock to luncheon, sad afterwards
attended divine service at the parish church, where a ser-
mon was preached by the Rev. E. S. Murphy, chaplain to
the company.
lb, guests began to anise at four o'clock, and at ba:f-
past live the signal for dinner was given by the band strik-
ing up the appropriate tune Roast Beef of Old England,"
and the company proceeded at once to the hanquetting-
rooni. fhe neuter ostler was supported by Lord Milton,
Lord Edward !toward, Lord Fitzgibbon, Sir Thomas W.
White, Bart., Sir Charks Wood, Bart., M.P., Mr. Edmund
Denton. Mr. (Loge Hadfield, M.P., the Rev. T.
Sale (vicar of Stu ae. The cloth was drawn at seven
o'clock, and the usual preliminary toasts having been duly •
ft..noureit,
Mr. Me7lllrwis proposed His Grace the Duke of Nor-
folk, snit the House of oward." characteristics of
the nob'e duke were so well known and so well appreciated,
that he would content himself by simply proposing the toast.
Lord E. Hon %tut returned thanks in a speech of consi-
&tilde length, and apologised for the absence of his laths'
in consequence of delicate health.
The Avila, of the Dukes of Devorshire and Newcastle,
and of Earl Eitzwilliam were neat given, when Lard Milton
haying roamed thanks for the last toast, Lord Whom
cliffe's health was given. The health of fir Charles Wood
followed.
Pit Catania Woon, on rising to respond to the toast,
was vies warmly cheered. Ile amil—Mr. Master Cutler,
ma Lords snit Gentlemen, I should indeed he the must in-
sensible of men if I did not most deeply feel the kindness
with which you base received the team so kindly proposed
to rev friend Mr. Dunn. (Cheers.) I feel that I deserve
bit little of the rompliment which he has been kind
enough to pay me. And ceranly I feel under
some little ddlieulty in referring to what he has
mid without trenching neon that mot wise rule
which our president has lai I down. (Ilea) I een
ewly say that es Chancellor of the le uhequer it was my duty,
as it is th it of all Chancellors of the Exchequer, to look to
the well being of the great mass of the people of this coun-
try. (" lleer, hear," and cheers.) And if the person who
fibs that responsible and not very agreeable post has no
better reason for paying that attention, it is that his own
interest a. ('haste' Ilor of the Exchequer depends upon the
wi 11 being of the people of this country, because upon their
well-being depends the amount of the revenue, and I need
sot tell you ho* very deeply a flourishing revenue contri-
butes to the ease read comfort of the Chancellor of the Es
chequer. 1/4.t .plasee.) Now probably is the West Riding
of korkshire II may, without exciting much difference of
for to some of thous measures in which I have
tit. n a pot, hut I think it fee wiser not even to say a ward
ox thee subj. eta. All l shall say is this, that chat we had
in view, and in all the changes of taxatio• which it was my
duty to propose, the object was to relieve the pressure from
thee who could least bear it. (Loud applause.)
and not rev whether we succeeded ono. I will not my
whether it was owing to our Mellinger', and to the measures
et our prmiteesows, for they were all of one description and
of a piece—l will not say whether it was owing to them or
in spite of them—hut this at Lot I may say, that I believe
we handed over the country to oar successors in such a state
of sell beteg and prosperity, such as it has seldom been the
fate of a goverment to leave the country. (Applause.) Mr.
Penn has described that which exists in other parts of this
n‘ling, as well as in other parts of the country. I myself
have seen the universal comfort and happiness of the Is-
blazing population of this kingdom. (Hear, hear.) And
I irlieve I may congratulate Sheffield on sharing to the
hall %slaw general prosperity. (Hear, hear.) There have
hese times, I am aware, whin circumstances to which I
will not now allude have prevented Sheffield Irking its share
in the prosperity of the riding, but from all I have heard
and van learn, I believe that now she has taken her full
share,and that she bids fair to rival the most enterprising and
successful ot competing towns. (Cheers.) And that is a
WSW of great joy and satisfaction to me, because not only
does that prosperity tell of well doing, but it shows the core
thality am: good keeling between masters and workmen, their
metal happiness, se wed as their msteri a comiket (Cheers.)
I think, gentlemen, I may congratulate you visa the pee-
NI extension of your trade. In that, toe, pa nee lief
your port. lam glad to refer also to what km Ise. alladed
to before, namely, the benefit which I believe win seem to
the country through the exhibition of the manufactures of
ether countries. I entertain a strong belief that whatever
the energies, industry and skill of man can do, the energy,
industry, stud skill of our manufacturers and workmen an
accomplish. (Loud cheers.) We have but to learn what
our customers want, and in a short time I em convinced they
will be served by us or on, neighbours on cheaper terms
and in better articles than any other nation can serve
thcat. (Loud cheers.) And Ido therefore look with Miss
faction, grounded on the most selfish motives if from me
other, to the increasing prosperity of other countries, and
to the boundless development of our own colonial poises-
-0006.411 of which open fresh markets for the products arm
industry. (Cheers.) Now, gentlemen, I said I might rare
to certain circumstances without creating much daemon
of opinion—Leause in the West Riding of Yorkshire we
have always bonds of mks and a community of interests
with all claws throughout the vast bounds of our riding.—
but I will not do so. Aad lam also happy to mo that I
believe there 'Oats the Mee 0011Inniniti sad meamy of
feeling moiled us; and strange indeed would it be if
many of our gentry, who are mainly invishesil he Mir
wealth to the manufacturing industry of their arealoy, did
no' feel the mom lively intermit ha the welfare of our mann-
facturing town. (Cheers.) And glad am Ito he preset
on this occasion if I may wratribate to thwt good
feeling. (Cheers.) I Asely mom le tsW bee hese elated
by Mr. Dunn. I hope yes see met the roma hr ear peessoss,
or myself, without feeling myself mos, I sewer mix with
an bodies of my fellow citizens of whalemer class without
feeling myself a wiser and I hope a Ambler Me. Peers)
Gentlemen, it is not for the want of most kiwi.
utilise that I bay. not been most A pea on beam
octoeions. But though I have not loon pram' ea tenni
coasions at your (raise board it is beam I have but
occupied in various ways, one of whit* Mr. Dam hal
alluded to, and which was of a pretty showhieg character ;
and it does so happen that for the let twisty yews this is
the fret time I have hod the *....gad being meant hon.
That has net been hem smy IRMO fwmMg. the affairs of
your town but meat or opportemity. I bave felt and
always must feel the wannest intend In all that promotes
the prosperity of ono of oar grist marts of industry upon
which the welfare of the Willie meighbearbeed
inch I assure you that there A be am visa el on
my part to co-operate in an aslghbourt 011111111 erbill. now
that I as a resident hops_ MNM part ia. I
shall rejoice in this tootles oppeolsaityof .se yea, sad
of av myself stymie bripilelit invited's elt any fa.
one eesaie. ; sad Is any way la which I me thew $
neighbourlyttes.li f
med eelbszwas.degeal epee
ma It I shall tat be Med
71te health of the Maim Cutler having been drunk with
all the beast= led impended to,
Mr. Ablesime barn gave the Members for the West
Ridiag_sf Terbdire.
Mr. Mimeos nee almost imesdistely easmsemb, and
was received with WA sad Ilistempilsesd eggieess. He
said.—Mr. Master Cutler, s. Mee ail 11=111.1.1.-1
simnel, thank you for the lieseur ayee hap
ser ourable colleague and if le sew I
thank the konoweable geademaa who bee bees
good enough to nuke some ebeemaisas with named to
myself, and I hope I may be allowed M thank yea now
for permitting my Mama& Assuan end myself owe
mare to represent you. (dpplss.) The tom of Obedifeld
is one of the Matureta madam of the West Riling
family. (User, hoer. I e happy he del that It is
perous, that ties nee are weil paid, Sat
are cheap—(hegensi theaber mersheelle ent doing well,
and doing soma list agape tunizileativaleielliatithe
improvement of their Weft. Ng se dierrlll aeisubh
edgy improve the teas sad 111111111111101 peet WWI, ben
the Ist of lanosey to the glee of Dass•ber, by their
weekly wages. It is gees far the Wade of the
town to improve ie Wiese =lbw wfdiaat the mid
e -.edition of the people babe elm (Meer, ben .)
What same of you have eallafillirmbetrin of NAM I sing
junta,* to my of the other gram Owes of the West Nan
of Yorkshire. It ine as a whey I WM.% mute peeresses
than os any hear ssesths, saireeng went mew
rapidly, sad sedate and teellary bripermumeste owe la-
mming ban equal retie. (Lead eirglnees.) lam de.
4.4htsd le ham what Mr. Deme sop iis Mate Ned am&
hos of Wawa in elmildi—erneelh that lbws is a
nester demand for been than Mum he ten But
the moot isopermet Amenities he nude that MIA my
ter wee this—dwit me limbed elleW a Wend 10 re-

11seis falsWimi ee—ge—fp,aa
therefore I comisie—l mem% ilk pus whether the
mursieskinors have lam gamma yett—Omer)—thariall
rrrnts, than is a imp Maini lo rove the
'tallowy retinae of I rsms. (leer, bees.) The intonate
of Sb..M amp me embed wilt these of the whale
Weer Rieke& &et it is say law that may
be reacted MI ageing tea Te he m
et (Hear, hear)
And, then/ass. wilearztes
a.m.
is semi myself dare to
turgid our aloe is If we Oka it war Misty to
opreAe e pre= hi Of el lui=lifersi we
oust, sodas 7. bon gear Ammo ersll me
that of any ether of Miele Immo. tease we bele the
boon., to represent. (lar, law.) I a Krwiss hover
that the West Riding of Teshalkere is ems et ehe not imp
pnrtaid ',serious of ber
.11sjosses lelemlb eel that whim
ti,e West !tiding with ise __ mere "maim et
firmly, it will he a veep ttlimh raw Wes* he do
aoite to h. marsh& (Mari War.) Awl &pad ups It,
adAougb I Am the berme Owing a. me ass% "Wes
I. is, susellid he is the House of C...... thee the
npolas of the sombers for the Was Biding ohm it is
lingua it ewers, the mimeses *Am d the miewititssmey.
(mildew* )
rh.• twalths of Reveal Mbar bed sad Macias
hdisord, and the proondlep dud 11 Weisak.

---- - -
MAILS ST TN* TSIDINT.--11111 POSWISISST.O4IIO-
- Sr rives settee that mils will be sole up Is ta.
I,eirrafPoot.ollire tor Madeira, Brasil, Bowes Area sad
feklaad Islands, to be despatched by 11.21.'s ship Trident.
Lettere to be rest by this ship sense be specially addressed,
by 11.11.'s ship Trident." Ths es • latents• Rift
*el be le to Madsen', Is. 10d. No day his yet bees Shed
to the lading of the Teklast. Newsmen to lie p theer
rod to Madeira ter 2d. each.
Tue MIME ENGLIOIIIII6N who haw to
E.*, their coolie dews the Demobs to
shed vieene. the Mb ult. The waves blMei the
Cc's Jack oh tittering the Vines emwal.

MIDLAND GREAT WESTERN (IRELAND)

RAILWAY.

The fourteenth half-yearly general meeting of the
reprieton of this company was held on Thursday, at their
Boardroom, in Dublin, J. Emcia, Esq., chairman of the
eampany, presiding.
_ _

TM following sport of the directors wu reed by the
Secretary :

" The working of both the railway and canal continues
to be satisfactory , and, although the first half of the year
ie generally the leaf productive in porringer traffic, the
accounts show • steady mid progressive improvement in the
different branches of your revenue. The receipts from the
railway between Dublin and Athlone, including these from
the canal, during the half-year, have been 47,81191. 16s. 114.,
and the expenditure daring the same period, 18,0241. 14e.,
leaving a gross profit of 72,13851. 2e. lid„ which, after pay-
meet of the interest on the balance of the canal mortgage and
debenture louts, Mc., leaves • net surplus of 21,6711. 6e. Id.
From this sum the board propose to allocate an addition
of 3,0001. to the rest; to make a dividend payable on
the 16th instant, at the rata of 4 per cent. per annum oaths
capital stock of the company, which will amount to
1.5,88 W. 10a. bd.; and to add the remainder to the surplus
of the meioses half-year, which will leave a balance of
6,3681. be. ill. to be carried forward to the credit of the
next half-year's mount. The accounts of the extension
from Athlone to (Solway have been 'Remick( d by the auditor
appointed by this Treasury, and certificates have been issued
by hint for the amount payable by the beroniee. The hotel
at Osiway has bees opened, and is felt to be a great public
advantage; indeed the directors feel convinced that the
very superior accommodation it affords, and which is so
generally acknowledged by all who have visited it,
must he productive of the must beneficial effects on
the traffic el the railway, and even in this wsy pre.
duce a satisfactory return for the capital expended upon It.
The electric telegraph bas been completed between Galway
sad Dublin, and is now in operation. Your board look
forward to its connexien with the electric lines from Holy-
head as • matter that must very soon be effected, and thus
bring the port of Galway into immediate electric commu-
nication with most of the principal places in England
and on the continent of Europe. The commissioners ap-
pointed to inquire into the relative merits of Galway and
the Shannon for postal and passenger commuuiestion
with North America have not yet published their repot.
Your director., however, cannot entertain any doubt as to
the superior advantages existing at Galway, and therefore
look forward with anabeted confidence to the ultimate
result. 'I he directors have the pleasure to state that their
application to parliament for an act to authorise the
construction of the branch' to (7aesti has afforded
them an opportunity of proving the paramount
importance of opening a central line of railway cow-
monication with the North of Ireland; the necessary
pewees have been granted fur this purpose, and the subject
shall continue to receive the most must attention of your
board. The arrangements entered into with the Grand
Canal Company have produced satisfactory results during
the put year, and the continuance of them, with some
slight modifications, is now under the consideration of both
companies. By reference to the engineer's re port, you will
perceive that the works and rolling stock of the company
are in a satisfactory state of efficiency. It will be a primary
object with your board to continue to maintain them in
this condition; they have, therefore, commenced the for-
mation of a fund specially dedicated to the purpose, and
the come- already set apart for this object amount to
18,f70/. 18e. 2d
18,(70/. following directors go out of office
by rotation, vie.: George Augustus Boyd, Esq.; Martin
Joseph Blake, ; Joseph Boyce, Esq .; Joseph Cowper,
Esq ; John Gaynor, Esq. ; but are eligible for re-elec-
tion.''

The CHatastax, is moving the Meg*es of this report and
statmaeat of accounts, said, as sash as it had bra his
good fortune to preside ea similar ninepins, be arm sp-
preached a subject such as this anise dertelearete 411144-
iag to himself personally larger sourairs of somgenteledmi.
He saw a concern—Se use the figurative langtew of a
friend of kis out labs orauicia—which was ersiW is
adversity sad was thou gaining la stremph, ad-
vancing to the strength el malted omd a per aid
age. (Hear, bear.) It had bees welshed rev by Id*
self—he would sot say by \W alt but by the gentlemen
who had acted with sad assisted him—with Ninety; and
be thought they might psis*. with satisfaction to them-
selves. Mho summits which they bad to lay before the share-
holing ea that day. (deer, liar.) They had the molt
uniestiled right to bane that their prosperity wu not a
I Milder 1111111441140 411114. EA that that plosperity on which
dry wild woe landed en a bra which wu oat likely to
dries this. If they looked at the figures., the account
peesselod is than, they would hod that their railway eon-
' psay paid as large •• dividend as any other railway in the
mortry —with the exception of one railway in Ireland,
and whisk win the Dublin and Kingstown line—no
matter bow Wag the lies bad hest in existence. But
the eamilmal der fee then was, that, miter paying what
at the pronsß Yes Ark' be sensidred. seder every
a aumeaable they timid bar •
lee
emir to grad egoist Move eemliegenelse. The
o whisk he would ;set the ingipe—althweeh format/
it wee added to what they air disk Dor fund—wea
snare at bast a seatinsense of the peanut dividmiL
They had all heard that the mew? Ind semlneted what
leer Kmagnlllsont Mediu Odway. They had
Ike samillye lea le Om by the germ
mast, M awn Iva sale of lesumet, eel it was semstismed
by them; eel fhs .ever sent auditor bad restiesed
their feeds. that they weld not have done better with the
mane, then by plain in Galway that which it required,
namely, a rain mod, where tourists and
ethers right he aad thereby aid he ne
wt
Wto the smile ea that Ilea (Hear.) N. War them the
hiles the woe net a single room unesompisd in that
; awl either* it nights ppear abouldes Ida to be
sosw his irme thaeghts, or
edge* of a bad at the =us of Itaak:e,rn he
did se la east Oat the wield at hags Wilt be
=estrough the medlar of the rem that dire was
ofeessiersdatisa at Galway. sad that the sub-
lime asensey at Wm" and its neleldsperbeed right bear
eerrelesa with that el any other_ prim of die advent.
(Hersbeer.) The roper also alluded is the Ave of am set
of pedlar at brim hoes ebtabeell is ern* shale Mae
Om le Ones* The had bees usual at as
loot made& sat at the gold ame rid dm the
si a tmdaties that hod he* Gaped pearl-
trody. earidered the., inespothe ollsgolher et the
advanWu of habeas the swam in else 6•1I•A
their limo. lie peed slime druid be lialway, eels
wren pair Manisa. (Appleera) Be lit OM It we
aserrey is held eat sew lalesememll to the
people of Mk* sad he else bellowel Ihr it ,
was wassitail le show the that the
=y were poopared taw a gni
_Goo-
that they would mho le Ile posture, wawa,
is favour if a poise slides. (Hear, .) He was
grim ime *we sham OM the empeay woe prepared to
peolses thdr sera pol of lir moodrest, gad es bring the
poser of
this ammemisilen with the wears*
err, by the sal* speelleol mooda
_Pear WO la
*es, Ilreellme, eimilluol
in dam mmi
thaw 1101 rep Ile only introst nal ielotilla
ef the le pereenle that pset se the rattle
thought =id have as peed yeas= to be selloNei es
with the The feet Ind bra
Fired hobo theusiltsratta=mmesseit was, * =
tier yams of abus seam.:* Omura mai. ummem."
Ba arm . India as the peke es enemy Mr of
the mesa of•=1 miede by the ralrfaiel Sher
wen Old INN up *day add down the
art :rat hal sift allolained, la Ide add aspasi
as dmarneref *at asespersy. bra madder mg
_poser as
to what be right te de With the espied bilmila that
sonqoany; bold he ware then dimwit/Xi Moms. to
a WM. be was of thet seer
ikon= de le—he would Ile remithled per in that room, sad he would emoswee. os •
penes d
ie up gesd deal with Ihe palls brims dale
eamelsy, le ly i=eas haw presspnity.
amoldpaied am were dm
geld ; red be was perlbedy esdellaillitistatd sash half=
On mid in that reout—bs the gentian= who he
who illeald campy the prides of shainsen—they would
have
sewed ms
MS te asegratulase thersolves.
wiThee. gramma at-
arid mess** or opk
Alissea• DOTCR having esimmiertbe molars for the
migakee of the directors' repeat sad the statement of se-
amemda, ass posed usaahmerady.
The Cararerr lbws awed *et a dividasd of 4 per
rutp per wren be new dodoes/ ogled net prat of the
•••1•07 sr •••h• lore hitt _Male 011 Thursday,
the lab feet, e ell ~sem 64111144 fa mein the same.
Pita now essoodsd Ihe maim whisk was earned
umamimmeely.
At the amosi-des of the presp, Mr. Ma'am said he
thseght drat they should net without Orin* a
vele at drake is the seentery the sespeay, . Barr
abe, Ile voey Ado& wrimer la whidthe had kept the
41141111111 L

The Ctutthais said ha bad phew* is being a/-
hided aa oppectuai trawfmzem teetiamy to bet value of
the earwig,' of Kt. wheal ha esolden be d to a
Idghly inlayer*, GM 0111.0 _
The reatiolies Lai* beam pat. It woe or lumi-
nously, ad dos prigelsbes eepatated.

LYONS TO AVIGNON RAILWAY.

An estramiiery general meets d the share-
-Is, a lidowswiles, was hold , the Sims,
11.114 TeithestaL Demo, es•ldaidas Public Works,
theTrldese, the emir.
remt @Med that the edlludindo et the lias took
=oa the bi Jesstsy kit, bet it woe mly m the 27th
Ost the elststes of Se empsusikeirtes
seal
owed 11. TWO Takbet wee
Med mosoleg dhesew, mg M. Tbido• woo appsisted
mine M. Tikbets disolits, to rEvil• eaI,IMPIMe am;
Km. Rehm the sljeAlmlat preelleml egoesmsto
hog bass eared its kr the ossestios of as
us the see bead. web MM.
riffi
end sal, es the elbow baM, with Memolikte,,M
Bessoey, Or Thew isestioo bed le be
owl ea the Oho et Jess Sr sessrel wee SWIM,
skped. It espies the essortto erilirwt of the
=di eh Selma toranskilm, with the empies of the
statiomor sloth, the whims, teels, eel
hoshoes. The am to be MS to the lostimidtr
the.. mei MINAIN., ilhey eedenekii tie ON eta
to soma tres NAM, ors OM owl patlL At the
sum sir Ibe ammo* he the wade' slosh, sod *
io
her
aloof owls* he the Ina. islislikdy nsubisi.
this the rommpray oeaY me is me Meta* MK eon*
would moot II& 3-4411.81115gk with the miersoso,
70.210,0902 omll.l.Blalb
13,860,09 K W MS, tessileriN • ;
atetissesk 760,010telltbe II NOM of 91,390, es-

elute* of gutted exposees of every kind, and of
the interest to be "sides the capital during the period of
esealesollee. The whelp expense of all kinds would be
street /II ed3liees, se millions less than the company had
mg lastly supposed, tbe servernmen'. ng estimated the
cost of the line at 120 millions, and the company at 109
millions. To meet the lest expenses, the board negotiated,
• portion of the loan of 30 mallow, whieb Art. 6 of the
mAier dew charges allowed to be issued with the guarantee
of the state. A call of 76f. was also made on each share,
making up 126 f. per share in all; so that 126 f. per share on
60,000 Agree, giving 8,210,000 f., and 8,000 debentures ne-
gotiated at 1,050 f. each, 8,400,090 f , there appeared a total
of 14,850,000 f. immediately available. The taste pines a
subvention of 49,000,000 f. to the company, which is to be
paid at the rate of two-thirds for every one-third ex-
Vuded in the works, so that if the section from Avignon to
alence was to cost 39 millions, the state would pay 26
millions, and the company only 13. Conaequentiv the
sum of 14,650,000 fr., mentioned above, was quite sufficient
for the execution of the section from Avignon to Valence.
When further funds were required, they would be found
in a call of .50fr. per share on Oct. 15, 1852, another of 60fr.
on April, 16, 1853, and a third of 25fr. on Oct. 16, 183.
In addition, the board could, if necessary, negotiate the
22,000 debentures remaining, on which the state gave its
guarantee. The report then proceeds to give an account of
the circumstances which led to the amalgamation with the
Lyons to Avignon tine of the several railways be Marseilles
and Toulon on the east, and to Nirintes, Montpellier, and
Cette on the west. As to the expense of all the works
now, after the new arrangements, at the charms of
the company, it presents itself thus:—Expenses of the
flans and Avignon line, 93,250,0110 f.; new expenses,
27,700,000 f. ; g I expenses of all kinds, 6,050,000 f. ;
total, 126,000,000 f. To meet that expense the comp.iny
finds itself in possession of 121,000,01101. in securities of va-
rious kinds, including the 49 millions of subvention given
by the state, and the one million allowed by the town of
Aix. There will remain, therefore, only 6,000,000 f. to be
rained by a loan, but one-half of that sum, it is calculated,
will be made up by the sums of flif. paid at once by the
Marseilles to Avignon shareholders on the debentures, in
order to obtain an ammed'ate interest of 26f. The board
proposes to have the number of direefors increased, in con-
sequence of the recent amalgamation, from 18 to 22. It
states that, like the other railway companies, it has sub-
scribed 73,100 f. as its quota to the capital of the Railway
Discount Back; and, Anslly, proposes to have 100,0001. a
year allowed to the board of directors.
IL-solutions approving of the several treaties of amalga-
mation entered tato, were then put fr m the chair, and
carried unanimously. It wan also decided that the number
of the directors should be raised to 72. and that a sum of
100,000 fr. per annum should be allowed them. The meet-
ing also gave its approbation to the subscription of 73,100 fr.
to the Railway Discount Bank.
A shareholder inquired on what conditions the holders of
the Marseilles to Avignon shorn were to be allowed to
subscribe to the new shares of the Lyons to Avignonr:ons-
The Chairman repliet, that two Marseilles shares would
be entitled to one of the amalgamated company.
No other business bring then before the meeting, the
proceedings terminated.