The Express.
London, England, 1862-05-30 00:00:00

2716 TRUST AND LOAN COMPANY OF. UPPER

CANADA.-(21113 DAY.)

The half-yearly meeting of this company was
held at the offices, Moorgate-etreet, the Right Hoe. E. P.
Wineskin, IL P., in the chair. . .

111111CIWILMAN moved the adoption of the report, which
was as follows :—" The net profits for the half year amount
to 14,839/. Si. 2d., which, added to the sum brought
forward from September, gives a balance at credit
of revenue of 14,8801. 1(. The directors venom.
mead out of this • dividend at the rate of 81
per cent.. per annum, less income tax, on the paid-up capital
stock of the company ; that one-half of the surplus profits
over 6 per cent, per annum, and the weal charge for inte-
rest% amounting together to 3,9621.16 e. 7d., be carried tegthe
reserve fund, in accordance with the revisions of the
Royal Charter of Incorporation ; and that 2504 be applied
to the redemption of preliminary expenses. There
will then remain the sum of 42/. 14s. sd. to the credit of
the next half-year's accounts. Dating the period embraced
by these epsomite the reserve fund has been charged
with the sum of 2011. 17s. 2a. for losses on
realisation of securities in default, and the amount
standing to the credit of this fund, after adding the
3,9621. 15.. 7d. above referred to, will be 41,0541. 13.. 9d.
Notwithstanding the painful anxiety created by the con-
tinuance of the cavil war in the United States, its effect
upon the interests of this company has not been of • pre-
judicial character ; indeed, the condition of the agricultural
class, with which this company is so intimately connected,
is one of marked prosperity ; and real estate has steadily in-
weasel in value, as is proved by recent appraisals in many
cams where loans have been renewed." He
them on the continuance of their success, and coliitrlottilardle
to keep up their si per cent. divideod, which was fairly
e and repeated the statement of the report that the
civil war in America did not affect the business of the
ceTimny. _ • .

•
Mr. CHAPMAN seemakd the motion, which wee, after some
discussion, agreed to. The dividend was then declared, and
the retiring directors reedected, when the proceedings ter-
minated.

OTTOMAN RAILWAY (FROM SMYRNA TO
AIDIN).—(THI' DAY.)
A special general meeting of the shareholders in
this railway was held this day at the company's offices, St.
Michael's-house, Cornhill, for the purpose of considering
alterations in the statutes increasing the number of the
council of administration from eight to nine members ; Mr.
MACDONALD STEPHENSON in the chair.

The CHAIRMAN stated that the following were the reoom-
mendations of the council :

1. That the affairs of the company shall be henceforth
managed by a council of administration in London, corn-
pawn of nine members instead of eight members,
provided by articles 21 to 24 of the mistime'
statutes, and by article 1 of the amended statutes.
2. That the additional member of the council under article
23 be Major-General Brehm Tremenheere, of Spring.grove,
Isleworth. 3. That for the purpose of the above
change the following article be substituted in lieu
of the article of the amended statutes relating to
the council of administration : At the sixth annual general
meeting one third of the council shall retire from office,
such retirement to be determined by lot of the coated until
the second council shall have been entirely renewed. After.
wards the three directors whethere been longest in office shall
retire. 4. That the additional member of the Council of Ad •
ministration be governed by the same rules with respect to
election, qualification, and every other matter, as the
original members ; and that, except the change as above
made in the council and their retirement, the old and
amended statute, of the company shall be in full force and
validity, and be deemed to apply ea near as can be to the
new council.

Resolutions confirming the recommendatious were unani.
mously agreed to ; and there being no further business, the
meeting immediately afterwards separated.

EASTERN BENGAL RAILWAY COMPANY.
(THIRDLY.)

The eighth ordinary general meeting of the pro-
prietors was held at one o'clock at the offices, 24, Gresham-
street, Mr. J. F. LEITH in the chair.
The report having been taken as read,
The Climaxes moved its adoption. He said the pro-
gress made since the last meeting was entirely satisfactory.
The lice would be completed in June ; the anticipation of
the chief engineer had been realised in so far that it was
expected that at the end of this month an engine
would run over the whole length of line. He
(the chairman) believed that the line •would prove a
successful one—that when it was open they would receive
a large traffic both in passengers and goods. What was ex-
to be done by the government with regard to
reresietedrs was being accomplished. Two lace of rupees
had been expended during the past year, and two
more lace had been granted. for the construction of crow
roads. In the beginning of July the current expenditure for
engineers would be diminished to the extent of 7,000!. per
annum ; and other important reductions would occur at the
same period. Everything had been shipped that was neces-
sary to bring the line into complete working order. He
then entered into detailed explanations of the accounts. The
balance of capital at the present time was, he said, 200,0001.;
and that amount was sufficient for all purposes, including
the construction of ten miles of additional line not con-
templated at the outset. He regretted to say
that the government had taken 37,580/. for duties on
articles imported for the construction of the line. He con-
sidered that very inequitable, especially as the duties were
imposed by one of the contracting parties for the line after the
contract had been entered into ; and le hoped the govern-
ment might be induced to return the whole amount when
its finances were in a more prosperous condition.
After some discussion the report was adopted, and the
proceedings terminated in the usual manner.

At the Birmingham Court of Bankruptcy, on
Wednesday, Mr. G. V. Brooke, the tragedian, wee dis-
charged from custody.

The Dublin Evening Mail states that the special
eommiwinn will be opened at Limerick on the 16th June,
and will be presided over by Mr. Justice Fitzgerald and Baron
Deasy.

The Cork Reporter states that Walsh, eupposeti to
have been a party to the Kamallock murder, being closely
pursued by the police, has proposed to give himself up if
the 501. reward offered by the government be given to his
family.

THE LUDGATE-HILL TRAGEDY. Upon inquiry
this morning it was asoertained that Mrs. Vyse (=Moues
to improve, and the medical men have etroog hopes of the
unfortunate lady's recovery. A favourable change has also
taken place in the health of Mr. Vyse, who will soon be en-
abled to attend to his business.

COMMENCEMENT OF THE EXCAVATION FOE THE
INTENDED MARKET-PLACES AT SMITHFIELD. —(THIS DAT )
This morning (Friday) at 6 o'clock a body of navvies in the
employ of Mews. Taylor and Smith (late Kelk, Taylor and
Co.), commenced sinking a abaft for the purpose of asce;tain-
io the nature of the soil and sub-strata of the site of Smith-
field.prior to clearing away the earth for the proposed
goods station under the intended market-planes for the sale
of meat and poultry, and the formation of a railway from
the line at Coppice-row, and underneath a street to he called
New Market-street, to furnish a western approach to the
said market-place.
SUDDEN DEATH IN THE NOTTINGHAM COUNTY
Contr.—Yesterday (Thursday) morning an awful instance
of the neartainty of life occurred in the Nottingham
County Court. The judge, Mr. It. Wildman, was engaged
hearing a case, when a man named Samuel Wilson, a pen-
sioner, aged 56 years, suddenly fell on to the floor, as if in a '
fainting fit. Anuistrowe was promptly obtained, a surgeon
being immediately on the spot, but all efforts to restore the
deceased to consciousness were unavailing, and he died
before he could be carried oat of the County-hall- An
inquest will be held this day (Friday).
FOREIGN OFFICZILS IN THE FEDERAL ARMY.—
The following circular has been received by the United
States Consul at Paris:—" Washington, May 8, 1862.—Sir,
—You am doubtless aware that some the outbreak of the
rebellion in this country, many military officers who have
served with distinction in theermies of Europe have arrived
here for the purpose of offering their services to this
government. Some of those who brought testimo-
nials from United States ministers abroad have been
furnished with commimions. As, however, it is not
now in contemplation to increase the number either of
cem or soldiers already is the field, you will inform all such
foreign officers as may apply to you for service in the army
of the United States that the government, while grateful
for such offers, must, for the future, decline accepting them,
as the list of officers is complete, and recruiting for the rank
and ale has been ordered to can.—l am, Ica., WILLIma FL
SEWARD."

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