The Express.
London, England, 1853-05-02 00:00:00

THE EXPRESS, MONDAY

are :—S4rtberris, 017 e. Me' . ; Orisaa, 1,072 f. wt. i
Paris adiStrabourgs, 8117 f. 60e4 Paris and keno,'
9.55 f. ; Parts and Rouen2 1,1651.; Lions to the
Western
Mediterranean, 845 f. ; of Force, 797 f.
500.; Roan and Havre, 547 f. 50e. ; Bordeaux and
Cette, 650 f.; Caen and Cherbourg, ii.tt
PARIS, SATIIILDAT EVTNING.
The Bulletin de Paris announcer that several in-
fluential members of the Legitimist party are about
to visit Frobsdorf.

A difference of some importance has broken out
lately between the master house-psinters and their
journeymen. The men require two hours for
dinner instead of one, which has hitherto been cus-
tomary. Most of the masters in a large way of bu-
siness hare conceded the point, but the smaller
tradesmen resist, and the discontent in consequence
is considerable. _

A general meeting of the Lyons and Mediterra-
nean Railway Company was held this afternoon at
the offices in the Rue Laffitte. It was very fully
attended. The report of the managing council,
which was of extreme length, and occupied nearly
two hours in the reading, explained in detail the
financial state of the company and the treaty made
in March last with the old Lyons and Avignon Com-
pany. The council represented the prospects of the
line as highly favourable. In their opinion the
steam-boats on the Rhone would be auxiliaries, and
not opponents; and, although some of the Rhone
companies were still very hostile to the railway,
others shared the views of the council and were pre-
pared to treat. The government had already ap-
proved the whole course of the proposed line except
that part which went through Lyons; but the diffi-
culties in regard to this section raised by the
military engineers would, beyond all doubt,
be speedily removed, and the line would
proceed according to the original plan. After
the report was read, two or three shareholders men-
tioned instances in which, as it appeared to them,
cessions disadvantageous to the company had been
made to some of the minor southern branch lines.
That of Beeler' and Graissessac was particularly
alluded to. The objectors, however, admitted that
upon the whole the proceedings of the council had
been moat advantageous. The chairman, in explana-
tion, said it was true that the company had entered
into certain engagements, which, considered in an
isolated point of view, might turn out to be disad-
vantageous, but this was the price paid to govern-
ment for those privileges and advantages which, u a
whole, were by general consent recognised as ex-
tremely beneficial. It would be impossible to re-
model the scheme piecemeal. It must either be
accepted or rejected in its entirety. These remarks
were very favourably received by the meeting, and
ultimately the following resolutions, proposed by the
council, were carried unanimously:

• -
I. The general meeting approving the report sad the ac-
counts presented for 1852, fixes the dividend at Bf.
2. The treaty entered into on March 29,•1853, between
the Lyons and Mediterranean Company and the liquidators
of the old Lyons and Avignon Company, is approved of in
every respect.
3. In execution of the treaty of March 29 last, approved
of as above, the general meeting authorises the following
measures:—The call of 25f., originally fixed for October 1,
1853, shall be paid by anticipation from the 15th to the
30th of May next, deducting a discount of 3 per cent. for
the time which may elapse between the day of actual pay-
ment, and the original date of October 1, 1853. Every
share having paid up the five first tenths (in all 250 f.),
shall be exonerated d'office of the sixth tenth (50f.), by
the appropriation ors sum ef 50f. to be taken from the
five millions paid to the company by the liquidators of the
old Lyons and Avignon Company. This appropriation will
be made subject to a deduction of 4f. representing the inte-
rest at 4 per cent. upon the said payment of 60f. during the
two years remaining to run from the period ef the construe-
tion. By means of the above deduction the 75f. remaining
payable upon the shares from and after the 15th of May
next, as well as upon the 2251. already paid up, will also
bear interest at 4 per cent. Jouissana of April 1, 1853.
4. From and after the 15th of May next no shares can be
negotiated but shares to bearer with 300 f. paid up and ex
die,
5. The general meeting confers upon the managing coun-
cil all powers necessary to organise a service of correspon-
dence by steam-boat. between Lyons and the points on the
in
Rhone connexion with the different railway stations.
The council is for this purpose authorised to treat, if need
be, witk one or several of the existing steam boat companies
in the form and upon the conditions which they may think
lit, subject to the approbation of the government.
A general meeting of the shareholders of the
Dieppe railway company was held yesterday, and a
dividend of 9f. 30e. per share was declared. The
amalgamation with the Norman lines, with a fixed
revenue of 12f. per share, and the reimbursement of
the shares at 400 f. when paid off, was approved of,
after some opposition from a certain number of
shareholders.