The Express.
London, England, 1855-08-13 00:00:00

IMPERIAL PARLIAMENT.

HOUSE OF COMMONS.—SATunumr, Auo. 11.
Continued f►om yesterday's Express.)
MESSAGE FROM THE LORDS.—LIMITED
LIABILITY BILL.
Memeagers from the L irds brought down the Limited
Liebdity Bill, with certain amendments, to which their
lordships r, quired the assent of the C mamas.
On the amendment requiring that there 'Wald be 25
shire/holders in a &moony en cominandite,
Lord PALMERSTON moved that the house should agree
to this amendment. As the shares were reduced to 101.
oath, be dil not think the alteration of any consequathe.
Mr. WILKINSON di•appr..ved of the &mesmerist as in-
jurious to the operapinn of the bill.
Mr. J. 0. PUILLIMOIIE was of a similar opinion,
but thought that, as they had got tl`v bill from the Lords,
they had better keep it. (Hear, hear.)
Mr. MALINS *emoted the bill as a recognition of the
principle of limited liability.
Mr. WILLIAMS vol Mr. FILLATT severally deprecated
the atnecdesest. '1 h. latter hon. member observed that
the hill, ea it left the Commoe•, would have brought out a
great deal of dormant capital. Under the hill in its
amended form he leered that that capital would remain
dormant. (Hear, bear.)
The ameutiment w-s then agreed to.
On the amendment requiring en audit on the point of
solvency by the Board of '!•eed.,
Mr. BRADILEY-MOORE strongly objected to this
amendment.
Lord PALMERSTON concurred with the hon. member
as to the ioistious diameter of the amendments. However,
they bad bad a great deal of opposition to the principle to
contend with in the House of Lords, and as every great
change of this k•nd was of last effected by compromise, be
thought that on the wtole they ehouli agree to this amend-
ment. They had, at all event', obtained the sanction of
parliament (sr a great principle, and if in the working of the
bill alteration shoo d be required, it would be for the bones
again to take the details into their consideration.
Mr. MALINS said that the amendment was ridiculous,
and would dieter y the utility of the bill. No men would
combine for an undertaking it they were to be continually
liable to bare their solvency icqu'red into by an Memos-
sib's board. Besides, what was tweet by " perfectly
solvent 1" Ile had heard of a lady being perfectly unarm-
sled, but what the distinetian was between that aad being
only" uemarri•d" be could learn. The shareholders
would be liable to the full rmount of their share, and that
ought to satisfy parliament. However, even with then
objectless. he could not refuse the bill.
Mr. WILLIAMS feared that the bill would be useless,
and thought it sr laid be better to reject it altogether than
accept it in so mutilated a form.
The ATTORNEY-GENERAL said the house should
recollect that at least they obtained in the bill the great
principle of limited liability. (He ,r.) Ile concurred with
Ron. members as to the mischievous diameter of these
amendment., but it would be open to parliament to recon-
sider these details in a future session, and this they might
depend upon, t` at the sil•eet of any such recnneideratiou
could only be an extension of the principle. (Hear, bear.)
Alter a few words from Sir W. JOLLIS7I, the amendment
was agreed to.
The CLik having read the other amendments, one of
which provided that the directors should dissolve the coat-
posy on knowledge of its insolvency, or else be liable for
the debt,
Mr. WILLIAMS thought that the bill bad been sous&
mutilated by the Louis, as to make its acceptance by the
House of Commons inconsistent with the dignity of that
assembly.
After come further conversation the remaining amend-
ments were agreed t
The house adjourned to one o'clock on Tuesday neat.

lil USIC.

THE OPERA SEASON.

The doors of Covent-garden Theatre were closed
for the season on Saturday night, after a performance
of the Rode du Nord, for the benefit of Mr. Harris,
the stage manager.
Though the season has been highly, and indeed
unexpectedly, successful—for the gloomy state of
public feeling at the time of its commencement led to
the anticipation of a different result—yet it has been
very uneventful. At the outset the lessee was
guarded in his promises; and, in place of falling
short in his fulfilment of them, he has more than
made them good. He promised two new operas in
addition to the stock pieces of the theatre, and two
tow performers of note, in addition to those already
well unown to the public. Both promisee he duly
kept: the new operas being the 2rovatoro and the
.Etudo du Nord, and the new performers being
Mademoiselle Jenny Ney and Signor Graskn.
But he exceeded his promise in one most
important particular—in unexpectedly bringing
Onsi again before the public, notwithstanding the
formal and final leave she had taken of us last year.
Considering the excitement produced on that occasion,

XIDDFIMINSTER ELECTION.—This election is fixed
he Tammy neat, and Mr. Low. is to be opposed by Mr.
Beppu. )(Suitor st Ins tows, aad a geatlosaa of some local
basest.