The Express.
London, England, 1864-03-30 00:00:00

CANADA COMPANY.--(THIS DAY.)

This afternoon the annual general court of pro-
prietors of the above company was held at the company's
offiosa, East India Avenue, Fast India-house, Leadenhall-
street ; Sir MINT° FARQC BAR, M.P., in the chair.
The'report of the directors stated that the inquiry for land
in Canada was becoming more active, aol the trade of the
provisos was gradually reoovering from its late depression.
The farmers as a body were doing well ad making steady
proven. Regret was expressed at the loss sustained by the
board by the retirement, during ill-health, of Mr. I. Franks,
for so many yeah the ads governor of the company. The
report concluded with the following sum of the com-
pany's transactions in Canada since the 31st ber. (to
which date the yearly accounts are made up), to the
4th instant:—" land sold, 300 acres, at 335. Id. per
acre ; land Issued. 3,756 acres, at 47.. 9d. per acre ;
Land leased converted to freeholds, 5,541 acres, at 335. 7d,
per acre. Receipts of money, 19009/. currency. viz. :—Oa
amount of purchase-mo!ey, 10,974/. ; ditto, rent and interest,

6,092(.; ditto timber, go:: 2,113!.; remitted home by the
eonnahriooers, 10,0001. sterlieg."
The report war adopted.
Sir Moto Farquhar was elected governor is the room at
Mr. Biddalph, deoesaed.

LONDON AND PARIS_HOTEL COMPANY.

(THIS DAY.)

To-day, at noon, the first half-yearly genund
meeting of proprietors of the above company was held at
the Wellington, St. Junes's-street.
The report of the directme, which wee adopted. states
that they have taken steps to sequin the following
valuable properties, niunely London, the Wellington
and adjoining house, and the St. James's Club, St.
Jamm's-street ; in Folkestone, the West Cliff Hotel ;
and in Paris. Maurice's Hotel, Rae de Riven ; but
in consequence of the full amount of capital not having
been subscribed they have thought it prudent to re.
nouns foe the present the idea of purchasing any property
at Boulogne. The directors remind the shareholders that
the vendors of the several hotels have each guaranteed a
minimum return of 6 per cent. on the porches money
daring the brat year, while any surplus profit ebore 6 per
cent. will belong to the company. and an express condition
in the mai of the English properties precludes the directors
from ioterferinF in the management during that period.
The year dunog which the 6 per cent. is guaranteed
will expire in respect of the English properties
on the Zird of June next, and the directors are
mewed by the vendors of these properties, who
are now managing them, that in both cases there is every
expectation of • profit above the amount guaranteed. In
respect of the St. James's-street property the directors
have acquired and paid for the whole of the several lease-
hold interests in the estate, comprising the Wellington, the
house adjoining, and the St. James's Club, together with the
valuable furniture and contents. The purchase of the free-
hold will shortly be completed in accordance with the con-
tract. The portion of this property forming the St. Jamw's
Club falling in on the lit of May next has been redet to the
same tenants at an increased rent of 33 per cent. per mown.
The directors have also taken the house knows as the
Volunteer &twice Club oa favourable terms, for the pur-
pose of carrying oa that club, which, being worked in ma-
ne:ion with the Wellington. ma be conducted profitably to
the company. The lease of the West Cliff Hotel at Folke-
stone has been completed and paid for, and the parches of
the Hotel Maurice et Paris has been completed.