The Express.
London, England, 1852-09-21 00:00:00

irt-r-.411LL, the depoty-ehaiessaa, womb& dee Nation.

Mr. MOBIRT 80017, Si Iltearb;ldge, cenummeed by ob-
serving that it walls •Wiwi, to abetaia from any-
thing like a factine with referees' is this matter.
He medal simy diem thettowdos Ha *wits, having
regard wily Is the laterwie if the yelpeloWn. He had
hayed after what teak plow et the het awedog, that the
GNU W. sa Oingsay would have man a definite
and eedeteadel *Nay. Had they acme that, he
for env *NM bare eniesented to pawed with opposi-
tion se fliiirther, wateetterehr the two oars to the Howe
of Centame the wield diddle which alipsay should have
the Nos ; if th• Geed Westin hod lode • sabetaa-
thl ear ef pee law. aft, IN woad wittingly, eves then,
have left OM* Is laks Iwhip of the House of Cesunons
for decision. Dit se the water stood, it was not easy to say
wbat the ofhr of the Great Western Company really wee, or
in what IY sit ice dr Shreweliwy and Birmingham Railway,
as • property, weal be plaesd If the terms now proposed
were approved by the shareholders: for his own part, ho
did not comysoliwid the provisions of the deed • hich had
been read. It appeared to him to bind this com-
pany to carry oat things which were inconsistent in them-
selves. It would, too, be placing the shareholders in the
hands of parties who could pat what construction they
pleased on these conflicting agreements. In these circum-
stances he thought it was not too much to osk for time to
consider them. The hon. gentleman concluded by moving,
so as amendinent, that the meeting be adjourned to the
12th of October, and that, in the meantime, the deeds read
be printed and circulated amongst the shareholders.

Mr. WiIISTEZ, of Birmingham, seconded it.
Mr. Knott, a director, opposed the amendment, on the
ground ehkfiy that it would lead to no practkel result and
no material benefit, because he was eertain that no better
offirr would be obtained. _ .

Mr. Oneci; denounced the agreement offered by
the (heat Western Company as a perfect illusion and ab-
surdity ; la the highest degree absurd was it to 'appose that
it would ever receive the sanction of parliament ; it would
be scooted there the moment it was seen that it was pro-
posed to give one set of shareholders an advantage over the
others, and then the shareholders at the end of another
parliamentary session would be thrown buck into their old
position. In eonfirmation of what he said at a former
meeting, that in soy settlement between the two great own-
paniee a stipulation would be that the Shrewsbury and Bir-
mingham Company should not receive less than 4 per cent.,
the hon. gentlemen read the following letter ,
" London and North Western Railway, Easton-
square London, Sept. 18, 1852.
"Mr DLit brought under the cionsidera-
lion of the board of directors at their meeting this day, our
recent communications in referenco to the Shrewsbury and
.

Birmingham Company, I am authorised and instructed to
state that the board are quite willing to concur with the
Shrewsbury and Birmingham Company In an application
Ro parliament in the neat and ensuing unions for an act to
confirm to the proprietors of that company the agreement
guaranteeing a dividend of (our per cent. per annum on
their ordinary stock ; and that such act shall provide in all
respects fur an absolute guarantee of four per cent. in per•
penalty ; and I may further state that my directors con-
tinue willing to enter into snob traria engagement, as will
secure to the proprietors of the Shrewsbury and Birming
ham Company the same result immediately, and until such
time u an act can be obtained rendering the engagement
permanent.—l am, Ike. "CILAIUU E. EiTZWAILT.
" Charles Coach, Esq., M.P."
The proposed agreement with the Great Western Company
he declared to be a one-sided agreement; it was an attempt
to bind this company to ewerything, although the Cheat
Western Company had no power to bind themselves.
Mr. ANDREWS (of Wolverhampton) spoke against the
original motion ; as did also Mr. ROTTON (of the National
Provincial Bank, at Birmingham) : he declared that in his
opinion the offer of the Great Western Company was the
moat uncertain thing he ever saw.
A show of bands Will soon afterwards taken, and the
chairman declared the amendment lost; thereupon Mr.
Scott demanded a poll, but afterwards withdrew it, in
order that the poll might be taken on the main question.
Mr. Serjeant ALLEN addressed the meeting at groat
length is 'don to the Great Western agreement: he
um to by Mr. Knox, and then the Chairman took
seethes show of hands for and against the original resolu-
tion: It was carried by a large 'majority. A pall was de-
mand, and seratineers having been appointed, at six
is the evening an adjournment took piece until to-morrow
(this day.)