The Express.
London, England, 1852-10-30 00:00:00

VICTORIA LONDON DOCKS.

An extraordinary meeting of the Victoria London
Dock Company was held yesterday at the London Tavern,
Bishopegate.stnet. The chair was taken (in the absence of
Mr. J. P. Heywood, chairman of the bmrd) by Mr. C.
MORRISON. The object of the meeting was thus stated in
the notice To consider the expediency of authorising
the directors to apply to parliament in the next seseion for
an act to enable the company to raise the farther sum of
400,0001., or such smaller sum as the meeting may deter-
mine, by the creation of new shares, and to enlarge the bor-
rowing powers of the company, and to authorise the com-
pany to construct additiooal works, and also to amend eye-
tain of the other provisions of the ' Victoria London Duck
Act, 1850." _ _

TiteCnatamkNsaid the proepectuspoluted out the grounds
on which the directors founded their expectation that the
undertaking would prove a profitable one. the first
ground we. that of extreme cheapness of construction, as
with other docks on the ncrth side of the river.
own docks would cost lees than 5.0001. per UT of
water one, whilst thou of the East and West India Dock
CJIIIIpany cost 15,0001. per acre, and those of the London
and 13t. Katherine Companies about 200,0004 The next
great point is their favour wu that the old docks were
sib a great =may years ago, sines which many changes
W taken phis is the eoures of meiotic. and trade,
shiest the entire creation of the etas= navy and ,
IllissalsAnieleset • larger class of ships; and it was hoped ,
limed= MOP& Desks, being new, were likely to be much
Mlles embed to the existing trade than the old docks. A
Ibbil plot in their favour was, that their docks would be
la due mast with nearly all the important railways con.
allisi :eft teak and saansfacturee. A breach of the
ilagrui theatir Use wee to ran by tbe aids of nearly all
ail OM lid filmy* that they wield be cosnested with
Crwage le Ole north. The lest and Welt India
=iturniratlway ran ra "ly
ag
Me ht. (evenealisl"dthat at 811.
It relay i perftedynia eseeeriewees et lot hev
611111 Si of mg' iiial yin. With each advan '1
It be herd isdeed if they lid au at all events get $
bibs avidflad than the di eseipenise ; and bridle
M Musters Ito had aaarde den wu a
liitipas est., which fiesell a solute 1=7.1
ba;k: le tie value elr tisk atom It was mg tie
tro direeteee whew they fret lalf Or admen
ibe to rake the oteseeks sit extend.* ea auk
Zio ow wadi Sall' • Ithesges the abetthey hd arktieeevallia 11414
OM Ilsopuries4stian allwdei ley ewe cloak was mop*

deal he ask hadasu. tiieassesuess, however, had led
lea shop of ophiss is the bort Is Use ltrst plass,
ONO awl sheareelies ea their own yam amid the *plains
=lairtaaffiltelatrithimartileattl:::tabila with
as,
eu
se set as to ensile eseemeadaties asses
they previeesiyabeetiter ream why feu
it
would set lie to peewee eztessim wee ha-7Z
VietasiaDeek y w Net the ehlymmof the
Med white woe ' heel& =he y awns
chit the old dock aseepeay won is seal
MON= is the hope et add to met doe mambo( rh.
Immo es* that those were abroad et helieir sew
(tideel saw weds is qpierteht !Olin oath
eWoe thee tbe direelsee thought ft MriaW the OM
eispiey :glees here Ibe mem et theselholet
sel Wiese heel* Omen um
=ley bed the ham et peeetitieg huh Webs es•
semeedaties. Her Ors wrest mute* oilmseolle 6.
mere tholght it dasimilie le 'poly le padhleleat toad&
lead powers. He would sew MOW the hiewifse uaelr
Ilea :—" That the diremen be sallerlesi te apply le peelh
elesiltatii=zisajtartithiarbisinerahreay
asees, asi=s64Bo of the eon-
play tbe drothe s=l dare capitol
so raked, eel le esdeeries the oesapanyba eniinliset addi-
tional weds, with each reifies, as they hey be advised
hit's& le be seetstary.'
She rosebedia wee eeetedei by Mr. G. PIWIODY.
We. Lairiast said kiwis Assisi le Isle Is galas
hs6 Blether this the dimple neesmesied
They were told that they had a seed eswessetalitt
IMO wells and that should let well shah
view he wewld
Ibe ready to smear, if .• kittlati Maim 1
lee did set hem •1111011. mi
emehes re= 1.6.
is von se Our bey dimly WO
bHa esesistakesd the make. may ours r.
460.1
lam had said, bat oa what is had asked. Is the Na.
ees. at Newaselrea:Pyser is hi dabs's& k
Pell and la casual eatessulisa la au essallidie he
had heard that -.-niece hid heat made ts that
=Mby the St. Kakestaa's Desk Osoyeey,
t tl•.ere was a oases umdta
Wyss' the two coespaska. Now, he esisW Is
hoard Me report sot only with sinew, bet with Magi
is,, V the Bt. Ketheriao Deck Caassay were la kerns&
Use stated—namely, that of /min a soak (mad Eit
2300,0001., and 11 eased water con, which cost 11111,ONI
pm acre, and of dividing may 4re seat.—it really did ap
roar to gist ea 11 a young. braieste girl of 18 was ribs le
WM se bad sea bombed *Mb the
may as old gistiones 75. ahembier.) ilheelh hi
idwa sel66
there wee se huskies fir Ms ma& Ns
bald diselers weak set sub is bah thus sellb sew
tithe endettag desk eerapaelet That eastimay wall eh
lain 250 acres of water aessursideliat 6r 1,1100,0001. ' • la
other words, for 4,0001. an aim. Ihs mould suppose the
they wield act take is sae side ash this he It. Melba.
*We Desk Comps,. What weld be Mr NMI I
Why. the same aessest d beldam whisk melded
the St. Katherine Osespaily to divide Mlir sett.,
would enable the Vietesie Cospeay to divide I/ SSA_
Bat, se be proems& the Idea ar SO pse asst. weed( OR
!iakilet_o4l wad wpm. that theira NM
lveoli be le
mite
tithe try law shease—(bsee, ami dig
relaisedthe claws bumss half, they le ebb
to &die 10 per hat The more be merbieued the shah
the here eonvineed he was, that It was allineat impossible
Af thea ever to realise he the. 10 per ass.
The Qum wan wished le how whether eey of the
sistlaasu referred to by the poseekei spedur bed pre
Isaild that there was say idea el am mallsansUsa es
Wool tense.
tie w said, the issesr which he had amp
Weed was s mply that of ea
In reply to a TIMMS kwa
Mr. Hippie, the ..'"wrillsi ale
Illdadolial capita Is meld be
Is carry out . It 'meld
perhtwth buildings,
Olt minsU suable ago the alone from
ilodmooll Rol* to

The reminds& was then adopted usuinimossly.
The following resolution was also agreed to :—" That the
director bo requested to open a subscription list for the
additional capital of 400,0001., in 20,000 Mane of 201. each,
and that a first offer of the hew shares be made to the pre-
sent proprietors, rateably according to their present holding
of shares, and that a deposit of 21. per shan be payable on
the allotment."

The meeting terminated with a vote et thanks to the
thiamin's.

ANGLO-CALIFOM lAN GOLD MINING

COMPANY.

Yesterday tho first annual general meeting of this
company was held at the Freemasons' Tavern, Great
Queen.street. The attendsnee was not autumn. Mr.
G. E. Comma. occupied the chair.
The report presented, and which was taken as read, was
very lengthy, but may be condensed. The principal point
consists of a statement of the realms which had induced
Sir Henry Huntley, the representative of the company in
California, to abandon the original purpose of supplying
machinery to crush the quarts of an American company,
and to determine upon the new plan of taking a location
which should be the property of the Anglo• Californian Com-
pany, and worked independently by it alone. "First, he had
received advice' that we were in • position financially to un-
dertake operations upon a scale of much greater ensguitude
than he had before anticipated, and that we had machinery
of very superior power in progress. Secondly, the rights to
mining properly in Calihanis lied become fixed and settled,
so that the objection which bad before existed to acquiring
a mine on behalf of the company had ceased ; and, thirdly,
he found that the persons who undertook to supply our
machinery with quarts, could not be depended upon; that
they had nut effected the works agreed on their part to he
done; and it became manifest that to incur any further
expense in erecting machinery upon the property of this
Amerizan company, would be highly injudicious, inasmuch
as we should have run the risk of finding our machinery
set up on the property of another company, who were
incompetent or unwilling to supply us with quarts."—
The mine flied upon (the report proceeds to state) is situate
about 20 miles from Placerville, and is called the Dicks-
burg Mine. In June Sir H. Huntley entered into an
agreement for the purchase of this Dicksburg property,
subject to a stipulation that the whole of the purchase-
mosey was not to be paid until the solicitor of our com-
pany, in Sea Francisco, had iavestigated end approved the
title to it, and, in the mean time, we were to be let into
possession. Following the terms of the agreement,
we were let into possession of the mine in July,
since which time he his been occupied in get-
ting it into working order. One very great ad-
vantage attaches to this property, namely, the
means of working the machinery with water-power, but
during the dry months of the year tho water is too low to
work the stamps. To obviate this objection Sir H.
Huntley has taken steps for securing water rights upon
another stream adjacent ; and as soon as he can obtain un-
disputed possession of it he will tarn its course, so that
toe two streams combined will furnish waterpower through-
out the year. In the meantime,. he proposes sending up a
steam-engine to the mine, and this engine will work the
stamps until a constant supply of water is secured by the
means to which we have just referred, or till the wet mason
shall arrive, and render the present supply available, after
which the engine will work the crushing machinery in ad-
dition to the water power. In addition to the Dieksburg
Mine Sir H. Huntley has taken a lease, from an American
company, of a MUM) called the Carolina Mine, situated near
Placerville, ow the Sacramento River. The terms upon
which he his obtained the right to work this mine are set
forth in the agreement (No. 4) in the appendix to this re-
port. Sir H. Huntley has had several mouths' experience
of this mine, and the tests he has applied to the quarts have
uniformly been so highly satisfactory .that he ham de-
termined to work it without delay ; and our last
reports state that the engine and machinery sent
out last year have been forwarded to this mine,
and the steps necessary for setting it up have been taken.
Sir H. Huntley has also the opportunity of purchasing, on
behalf of the company, other very desirable mining pro-
party. Our instractiens, however, to him are to confine his
'operations for the present to working in the most effective
manner the Dickaburg and Carolina Mines; and, if the re-
sult turns out as utisfactcry as everything promises it will,
then we shall be in a position to extend our operations to
such an extent as eircemstances may justify."
The report then goes on to detail the nature of the exten-
sive machinery sent out by the company to California ; and
the conclusion is in these words:

The reports of our agents in California, and the infor-
mation we have received from other sources, as well as
public report, have satisfied us that quarts mining can,
without doubt, be remuneratively curried ea in California;
sad a very short interval of time will, we believe, furnish
us with satisfactory proofs of that fact."
An " additional report " containing a despatch from Sir
H. Huntley, received only on the evening of the 28th, was
read to the meeting, and is to the effect that Si: Henry
had completed the purchase of the Dicksbarg property.
The comment of the directors is—. There can be no doubt
that the Anglo-Californian Company have now a location
second to none in the country; at is held under the best
tenure existing, namely, property purchased from Ameri•
can citizens, who have recorded their pomession of it ac-
cording to the mining roles of the district ; and these rules
are supported by legislative enactment, and an recognised
by the courts of law throughout the state. Of the apparent
richness of the lodes, Mr. Davies has already given his re-
port, and It is only awmtwary to say that his opinions are
founded upon 40 pion' experience, in the mines of throe
different nations."
The CHAIIIekN moved the adoption of the report.
Mr. ASHTON meesded the motion.

In answer to a question,
The CHAIIIKAN said : Sit months cannot Glare before
Ws have settled the question whether ggoold wining can or
cannot be carried on satisfactorily in Catiforain.
In reply to another question,
The CHAIRMAN said that 78,000 shares were registered ;
but that a deposit of 10s. a share had been paid book upon
10,000 shares.
A MHARRHOLD/AR: HIM you any taMsW. of WHIM
further shwas ? _ _

The Cttataeax hoped net. The directors wen the
largest shareholders in the company, and of coins it was
their interest not to Menus the pprtoopp; sad, if close
driven for money, it was utidwterthat they had the
power of inaressrag their capital by borrowing.
After some (briber oonvereatiem, the report was read and
adopted.
Font of the retiring directors, ti.: Dr. Barker, Mr.
Marks, Mr. Parker, and Mr. Felder, were re-elected. la
the room of Sir C. Bushold and Mr. G. Durso., retiring,
Mr. IPLeed, of Dover, and Mr. Oatheatry, of Charing-
more, were sleeted directors.
At the instance of Mr. Wawa least. a &awaken erase
%Toe the propriety of Tedfielft the number of direet.en
from tea to seven; las the esee deeeileg remiss
why the larger thealtilt was dad the seams
of he meeting Who egeltht the meggietiu, it wee not
premed. The raw eseihema sekethwoeUlt
_lathed en
antrattweet, to the eibet Ma the ewe amnia hr the
expenses of the dinnelens be 11111111NSI hers 11001. to lOU ;
bat oe a show et lewleit;cpeni wee kit. Mr. Barker
stated es his reason he thth that luto a dividend
wu &demi the west oessithig eight te he preethed.
Mr. A.. MONO. weaseadeg the eolismest Arm the
direction, moresmi the leephit eiallthese la the board.
They MI so ter very had work ; for the With of this
company bed bola *varied, eel that lame bed bees to
get rid M ea immure awe of INA sad eUttisa ; but
thlk mak kit the Mon wadi aft b• so
_ _

—Theel-71eTeeeMeit—it atieitreitiTiteeliee mei le the
thelitesa, est the bothers this ellesd.

CirT Thlthertenc.—Last evening, in papaw ce of
advertisement, a noes • was held at the Lenges Coffee-
bes.a, • to the great meeting to be
held at the nut, Sa the per'.
two . Pennon'.project
esassoicatioa between the City
eel 111111/111440politta fillways north of the
Thomas The nem was overcrowded before the 0021-
1111•10 Mat of Kr. Pennon's akin, ad members wen
obliged to leave for went of eleadiag MOIL Kr. Peones
wee serojtl for two hours asil a half in explabtag the
plea. U. was littpessi to with groat albs.
Ir..* bb ad.... was mail! ea! with lend
bat no the leading Wide of his have
btheallessZeteline the pude. aid as he has to pre-
sent the most hapertest !Mmes et hie pies andeneed
Is as althea of me mosedim as lea as Mom
day SW. we deAr i MOM report lad that
moselos. At its eendueles the maw maned their
apprebados of the pin attarPOS 'ito
deansthanks.
Ib. Pianos
Is qprope terms,
end masa the of thasepremat at the Labs
Tavern, as Mislay, Mouriag them that the language is
which the raintiagled bee. abeastd, *nigh sioneidered
by souse as unseeimmily cart, hod net bees dictated by
▪ .her vexation at despair at the apparent segleet of the
measure by the more wealthy chimes_ ; but le Alt thit as
en otheial man, having importaat denim to diesharge, it
ought at ease to be abenbesed or to be oadertaken by
pieties bang mere time to 'arty Ile *Ms hole etreet
GMAT oftrraAL OAS CONSOMMIIif 0011 PANT—
. the bieityearly gamma Ream of the
la this sempay was held at the Leaden
TlOSlll,llkberepAretinst—Kr. Timm Dahl, ehairman
at*. bola or dioesters, mak& The report stated that
the bremors were about 7p hi wither dividend or 10
per mat ea tho smear with la bum. There
wee as seaside 4,8991. 19a. led. After the
past et worklag armee and the blend as de-
lla &tunas the lOper mat. now steemmended,
them would remain 1,068 i. lb. b. to be sealed forward
to the next belt poor. The directors bed to reinasace the
=Mos et t
to he works at Bow, by bringing sp the pro.
power four heated end twenty maims, end
the nissaketuring power to eight hundred mallow. Tae
.set bad approximated so nearly to the Maisel estimate,
that the engineer had reported that the works sigh* be
N op 190,000, which wee seihneest no the supply,
kr NOM while manual weal bo Mod, siewitit-
=the "males Nth whirls the mow hod hod to
end the to which it had boa estfeetod.
Their dew espied amembil b1b0,0001., rod before the
haltlouly able world
sent path* directors ols! be able submit their closed: meta tatellsial auditor
eland by the at Osernes Comma Daring the
imit Eau tho
it inoreissi basiness by
kb% nod
Would he a matter to be decided
the miss Amid be kept up to 41., or whether by
roman the oesoomplien the prices should be reduced.
The repro was osenbassely adopted. A number of quer.
Mete INN put ea .asswered to the satisfaction of the
=isad the dieeetate were empowered to declare •
et 10 per test