The Express.
London, England, 1848-12-19 00:00:00

PROVINCIAL.

BANK OF MANCHEFFKa.—Yestwday a misting_ of
the prrietors in the late Beak of Henchnstor was at
the Al Wm Hotel in that city, to ressive the report of a sesa-
mittes appointed at a late meeting to oarilar the propriety of
r
a dividend cut of the surplus ems% alter Foment
at all lie of 81. per sham ; and to empower the dine-
ton to parches* shares held by trustees who are not share-
holders. As the resumption of budmis by the bank was ex-
pected also to form a subject of diseumion, thus was a nume-
rous attendance. Mr. George Hoyle Chappell, chairman of
the board of directors, presided; and the &A business was
to read the following report from four of the flys menthe's on
the committee appointed at the last meeting

TM committee of shareholders appointed at the general amine
meeting of the progeleton of the Bank of Manchester held on Wed-
nesday, the 18th -October last, having carefully examined the rater*
and situation of the meets of the beak, are of opinion the esti-
mated surtguet so stated M Ole Ferri to that meeting, wtu be ulti-
mately realised. The onessittee mem la the recommendation t'(
the board of einem, that a dividend of eight shillalas per share be
mid to the shareholders as the Bth day of January next, upon an In-
demnity being signed by each person receiving pin dividend. The
committee likewise concur in the recommendation of the board of
directors to purchase, Mr amount of the Bank of Manchester, any
shares held by ezecuton asti trinket, or other persons elso, from
the mature of their hoMML are not entitled to tote, at the pries of
fifteen Milling, per share. The ocesmittee having given their best at-
tonics to thew Med. of tbe resumption of active operations by the
, tank, reeomm that the ems•ideratine of the outman be postponed
! until the sett annual meeting, under a Snag purnUanOn that more
lavourable circumstances may then exist for a prudent determination
upon it. &mum Waucas, Bowe. lIAOKINO, TUOMIALS OW%
Roane Ms tuserow.—Maneneter, Dee 11.
.

Mr. Stall (of the firm of Crane end Shell, the American
house), a member of the committee, having dissented from
the report agreed to by the ether members, it was next pro-
p, nod that his report or opinion should also be aced. The
following is a copy:
To the Prrprietors of the Bank of Mantheater.—l, the under-
dined, me of the maiden of the committee appointed at the annual
general meeting of the shareholders on the I eth October last, " to con-
fer with the bawd of directors oa the present position of the beck.
and to report to a meeting of the proprietors the coat se they would
recommend to be pursued," have to report se foliose I am of
opinice, from what I lave seen, that the estimated surplus.
an reported by the board of directors to the annual meet-
, inn, will be realised, end very probably a dnething more;
and I am Liao of opinion that the privileges of the bank ere of con-
siderable value, trom the state of the law relative to joint.
stock banks which may be established in future; sad cannot too
strongly resommead that the proprietors should refrain trues doing
any sot that might forfeit or impair them.--2nd. I fully concur he
the propriety of empowering the directors to purchase shares vested
in trustees /swathes, or easienees, at the price fifteen thillinds
per share.—Srd. ,ons dilleultice stand in the way of dimolving
the bank, or retaining any part of the capital, as it appears this
sin only be accomplished by a suit in chano ry, or by an set of
parliament, the pewees of which would be attended with a
greet expense, or It might be accomplished under clime No.
30 of the deed of sediment, which requires " that no plow.
silks far direalving the company can be entertained at say
meeting of the prepriatent antes the proprietors present at such
gosetiag shall ecinditate at least two-thirds part of the entire
number of the parser of the then subsisting proprietors qua-
liked to vote, end who shall be holden in the aggregate, and in
their own rights, al tweehlnis part of the then exleing number of
ammo in the capital attic company; nor shall any motion or pro.
peaks, se last aforesaid, be warted, unities ouch proportion in
number and value at preprietces, last eforestid, shall vote in
favour of the sus."Nat • dimointion under this proviso= is hardly
a pealble meet and Masters I am of opinion that with the counts.
mans amid em dasee eta mejwity et the shareholder, • larger
cottage could be realimed la carrying on the badness without
a call, than if the capital was tee times larger; but • return of eight
ehillinp per shire es sawasidd, ow any part of the funds, would be
utterly destructive of Its proesula sad samosa, and of all chance of
ever beginning beldam aside. I therefore reicaunend that the
opthion of each shareholder, as le the propriety of resuming buskers.
of dieedving the bank, or maldng • Tetsuo, be ascertained after they
have had an opportunity of ensideiring the reports, and the discus.
don consequent thereon, and that another special gen rat meeting be
called ea soon s the answers lave been rearived—the.l3.

Menchretee, Deo. to,
A motion that the report of the committee should be
adopted having been moved, Mr. Steil moved, as an amend.
ment, that a copy of the reports be printed and sent to each
proprietor, together with a copy of the indemnity they wi
be required to sign before receiving a return of Ss per share.
After a long discussion the amendment was withdrawn, out
the understanding that it should be put u a separate motion
and the original motion was put and carried. Mr. Wood.;
cock then moved that a copy of Mr. Stell's opinion
and of the indemnity that would have to be signed
be sent to each shareholder. The motion was curitsd,
and a further motion, empowering the director'' to
return 89. per share to such proprietors u shall
agree to sign the indemnity, having been submitted, war
also agreed to. A motion was then put, empowering the
directors to (pee 15s. per share for all shares held by trustees,
executors, and others, who are not proprietors. The chair.
man explained that the number of such shares was
7,000 out of 50,000, and that the payment of this
money, which was to relieve trustees from responsbi-
lity as soon as possible in a concern where they
had no power to vote or act in any way, would not
retard the payment of the other Bs. The motion was agreed
to—A resolution was then passed empowering the com-
mittee appointed at the lut meeting to cooler with the
board as to the :uture payment to be made to the directors,
who have now worked seven years gratuitously, for future
services in winding up the affairs of the bank.—The question
of the resumption of business by the bank thus stands ad-
journed ; but it came out, in the course of discussion, that
two of the principal director', Mr. Chap; ell and Mr. Potter
(mayor of Manchester), were indisposed to bold shares in
the bank if resuscitated.
Tan OCEAN MONARCH.—The American packet-
ship New World having arrived at Liverpool, the Humane
Society of that town at once notified to Capt. Knight their
desire to present him with their gold medal, and others of his
crew with suitable rewards, in acknowledgment of their ser-
vices on the occasion of the burning of the Ocean Monarch.
Capt. Knight, however, declined, on conscientious prin-
ciples, to accept the honorary distinction intended him. He
had only done his duty, and wished no reward for it.

THE ROYAL ITALIAN OPERA.—Mr. Delafield, the
lessee of the Royal Italian Opera, who let the theatre to
Mr. Bunn, has just returned from Paris, with the intention
of making some alterations in the house prior to the opening
of the Royal Italian Opera next Much. He has declined to
re-let the theatre, which will therefore remain closed until
the campaign of 1849 for the Italian lyric drama- The re-
, port, therefore, that the theatre is to open at Christmas with
a pantomime and an English opera is untrue. Mr. Dela-
Held has concluded an arrangement with Meyerbeer, and has
secured the exclusive copyright and right of representation
of the new opera of "Le Prophate' for the Royal Italian
Opera, Meyerbeer eageging to come over to this country
to aperintend the production of the work and to conduct
the three first performances. "Le ProphZte" will be first
produced in Paris at the Theatre de la Nation, but the sup.
tation for the Italian stage ls now progressing in Pans,
tad will be under Meynbeer's own inspection. For this
work Madame Pauline Viardot has been expressly
engaged, both for Paris and London, but the
cast here will be stronger than in the termer capital as
Meyerbeer will have the advantage of including Grim, Mario,
and Marini, in the Italian version. The part for Grisi will,
in fact, include music for her not sung by the representative
in Paris. It is proposed to produce during the next season
grand operas, such as the "Roberto it Diavolo" of Meyerbeer,
in its original form, the " Musaniello" or " Mnette de Per-
tici" of Anber, the " Moine" of Rossini, the " Zauberfiiite"
of Mozart, besides the masterpieces of Mercadante, Cune-
ne', &a. This new stock of operas will add to the rich
repertoire formed within the last two seasons. Additional
interest will be given to the forthcoming season by Grisi's
declared intention of taking her farewell of England at the
end of the campaign, 1849, and she will play the round of
her popular parts prior to her last adieu. Amongst the new
artistes of continental fame who are already engaged, are
Signers Angel, the mezzo soprano and contralto, now in St.
Petersburg; Miss Katherine Hayes, the English prima
donna, now the star in Italy; and lidlle. Merle, a young
contralto, who lately made such a suoceuful &but in Paris.
MR. HOWARD GLOVER'S CONCERT.—Last night
Mr. Howard Glover gave hie " Musical and Dramatic
Academy Concert" in the Hanover-equare rooms. Its ob-
ject, apparently, was to exhibit the proticiercy of the pupils
of his academy, as the music was mostly performed by them.
The first part consisted of a selection from Gluck's last and
greatest work, the "Iphigenia in Tauris," in an English
version. This selection showed, at ell events, that the studies
of the pupils are carried on in a right direction, for the
music of Gluck it pre-eminent for purity and simplicity of
style, as well as for the truth and force of its dramatic ex-
pression. But, however admirably it is adapted
to the private studies and practice of young
and halteducated performers, it is ill calculated
for a public display of their abilities, the most florid airs of
Rossini or Dolmen' really demanding a smaller amount of
vocal attainment than the simple melodies of Gluck. This
selection consequently exposed Mr. Glover's pupils to too
severe an ordeal, though they acquitted themselves in it
very respectably. Miss Ellen Rowland, who sang some
pieces belonging to the part of Iphigenia, has a mezzo-
soprano voice of considerable volume and power in the lower
part of the Neale ; but she forces her upper notes till they
become harsh and screaming. Iplagenta's air, accompanied
by the chorus of priesteesse, was, on the whole, well per-
formed, and had a good effect. Mr. Delevanti and Mr. Day
have good voices, the one a tenor and the other a bus ; but
they both sang too loud, with exaggerated expression, and
unfinished execution. Both are capable of being good singers,
when they are refined and smoothed down. After this
selection. a child of flee years old was brought forward to
sing an air, accompanied on the pianoforte by her sister two
years older. They were pretty, innocent little creatures,
whom we were sorry to see exhibited in such a way. Such
things ought to meet with no encouragement from the publie.
The remainder of the concert (which was a great deal too
long) was of a miseellaneens kind. There were several com-
positions by Mr. Glover himself, consisting of concerted
pieces and airs from unpublished operas; but he did great
injustice to his own music by having these things, which
were suite new to the audience, lung without the hearers
knowing the words or even the subjects ; and, in this
Mate of ignorance, we found it impomible to judge of
their merits. Mendelssohn's song " The first Violet," was
charmingly sung by Miss RainfoMh and warmly encored;
and we had an excellent performance on the pianoforte by
Mr. Lindsay Bloper. The programme also contained a violin
solo by Mr. Thomas, and a fantasia on the harp by Mr.
Gerhard Taylor, and several vocal pieces familiar to the pub-
, lie, which, swing to the excessive length of the concert, we
; idnot hear.

AND_ CLERICAL

-- - -
PREFIRYINTS.—The Bev. J. L. Barton, to St. Georn
P.C., Pmews, Heats, db. Win. ; 451., with reeldenee.—ltm. H. H.
Burney, to Lseabsse Nellohy dio. Non VjgOeti,
it. Pala. Wei.
Coll, Ozked.—Zow. F. Denman, to Loden V.,
Hallo Serum ;
2354 with rsdswee; peL. Lard Chancellor and Mr K. N
eit.—Bas. W. Oremslade. to Limestone C., rase:.—Been J 11L..
HardiC,. to her Maya P.C., Devon, dl.. Ent.; lo
0t.;04
PMINIone
in, Iwo; Juan, res.—Bev. D. rt.
et the ceepialne ordlneraowhermadraMal.e_o.;
301.11 to be.lllll, to !td C., Lower Ilatost,o
J. BOWS" to be *Oda to the Wartraze Chapel, Gloureeter.—Pay..
IL fraet:
le be Chaplin dthe Mr Aerie Woo Workhosee.—Dov.
E. to eheelsin Seth* Dertbrd thuon.—ltev. J to to
a rural In the die. el likaa.—En. C. A. P. Hype, to
V., Hon., w Paseith V., Mo. Llen.; 4101.; oat., the swat be. 8.
Pam, 11,1, to he a askew anon of
Libel Cattasdnd.--lee. W. , to the seerelaryeilp ot
the Senn* Mow= llineadon .—Bev. P. Eoaaea to ao r.
derwanchoM to the Renee et W
slaw ens% to Pd Haehattee
=4-11iss. J. Mak to Money Lanomallito.—Bat. H. Wed-
more, tO the gnaw of ImMey, EOM