The Express.
London, England, 1849-12-07 00:00:00

imp mescals the directors are
is adadditionmess m his highuges the expediency of
etrot,; ht°,„. 'es Softie telegraph between Cafe and Bars,
e"b."—' *le Mei as intrastate will enable 1
ihkb' "d" Cairo until
.1„ et Se. of the Seiner from India shall
tied inst ai of being towarded to Sui to
100:ilIcrigniPr ors gad Stag sabjec.ed there to an incase*-
. decoct., which has occi=ortally happened, and
.112ibm411 not wader the control of the directors, they
le get remedied ita far as practicable
10.11811.8 pt, & WOO sWpe
• --
lee d h th•
Me tints isSot
ie. Ire eto o
railway between the Ndeat aad the Red Sea will
g
Mg tail nat thoroughfare of Oriental interests Sill
jeSeediPkt.•
c. scuimeng of their appreciation of his highness's es-
t"-,igeentig these Some, menu the directors deemed
Km
mains to present to him, in the same of the company,
:g.egiage and two pairs cf Wren, with herniae, die.
ilia( et the le" irt WAS of the committee of the
*.ese el almmelli into t • metres packet service has
ihicceekesed Me saticipatioss is respect to it which the
Woes expecesel is thew leg lialtyeerly Tern.
rely
iarefitted the Sateen spode,
:te se has.
referees* to contests entered into
; sad, testa= with the ciresseatmets
tornithilem aid renewal of the corn. itals 11:4611,
hi the essepassel the India and China
ffese4Tren owl ffiesesedree hashed a hew-
Oa wean ea the irsipseee Stereo= ; inmost&
riff has Mists bees shows that, a the planning and exe-
iiidcogibe sets' communications in which the company
..od, impose' public improvements have been
iihoTcigusiffied with a financial saving to the exchequer;
umg.drivever prseticable, the company has been plaited in
cces eempetitioa with other parties ; that it is iedebted foe
elthUleit eolely to having placed itself, by its own en.
sugeye, in a positi= to exocute thee* services on more ad-
ornments terms for the public than weld otherwise be
cgukeet ; sad that it is still fullcapable et g
j• • troth ie respect to they services ia maintaieinwhich it to
es well as in the undertaking ee say further
edges▪ -wlich may be required in the east.
The directors next stated that Mr. J. Allan was ap-
pend hythea to the vacancy in the committee of manage.
Mat sand by the deans of Mr. F. Carleton, and nom.
mewled far rerelection the outgoing directors, Messrs. Del
Sakes e y
sod Bedew, and coecladmi their rpot b suiting
effeiffedef 4 per meat , clear of illeoelll tar, foe the hatl-
ess, eaffeg 30th Sept., to be ?eyelike os and after the Mad
host.
Sr (MENET, in moving that the report read be
Sad a said that he had the more pleases
LIZ so because he felt coefideat that then was ito
Wields! amongst the great body of their proprietary who
Ed set believe that the board of direction by whom the
geoememest of their affairs was administered wee entitled to
thelrenst safidence and gratitude.
Dr. VIM llt retreaded the emotion.
Din. BRIGGS begged leave also to bear testimony to the
sistinble manner in which their accounts were kept, and the
grain fyiiefoulsfahibitrdbythem,butthereweeooneortwo
;owe...sides which he would ask for explanatioo.
Mr. ARDEILLSON, M P., in reply to the (leery of Gs.
prices, stated that Me ecmpany paid the Pacha 30,0001. •
year for the transit of passengen and goods, and it was only
put to bin Hipbone to state that, considering the onetant
swan to which be was =hist in keeping up the system
of fin
er
established sad the large original outlay in-
terred by him, the sum allowed by the company by no
mane
he him, but he bad taken en enl phteami
view el the mesas by which he might advance the interests
ef the soatry over which he was the
wale
ruler.
The swot was then aaanissously tador
The CHAIRMAN said that a proposition had toes made
by the board of direction which had been adverted to at the
lest nesting, to present Sir J. Pine with a testimonial for his
sni to see company is Egypt Sir J. Pink, however,
fromts a
tense of delicacy, wished that such • proceeding
should not emanate from his colleagues on the direction, who
therefore took that opportunity ot placing the matter in the
heads of the preprieton, and calling on them to deal with it
es they thought fit.
Mr. MORRISON pronovneed a high eulogium on the in.
defatigable seal which Sir J. Pirie bad displayed in behalf of
the company, and took occasion to contrast the clumsy tra•
wiling arrangements in the East under the old *in= with
the comforts of the present system, which had been intro-
dared principally by the exertions of Sty J. Pirie, to whom
the company and the public owed a debt of gratitude which
it would be difficult for them to repay. He concluded by
proposing that a sum of 2601. be allotted to the directors to
eppropriate to the procuring such a testimonial to Aileron=
Pirie as might be most gratifying,t being at the same time
andentood that the sum named was not by any means •
measure of his orrice', but merely a recognn or them.
Msior MOORE seconded the resolution, and referred in
complimentary terms to the services rendered to the com-
pany by Sir J. Fide.
Several shareholders, however, twitobjec o the surilosee
and inadequacy of the sum peeoesed, an amendment
was proposed to the effect that 6001. be allocated to the yea-
pow 'lbis propositios haying met with universe' saes%
kr. WMls a altered his resolution accordingly, and it wee
asasimously resolved amid loud cheering that a sit Of
6001. be devoted to the punkas of • testimonial to
Pkie.
The oetgoing directors, Mews. de Zulusta and Has
were re-elected, and severally returned thank'.
The auditors of the company were also reelected.
A dividend of 4 per cent. for the half-year,
al di-
.
ten, was declared, and the proceediep were to •
close with a tote of thaaks to the chairman and
e
rection for the seal and ability with which they adhired
the affairs of the company, which was carrie
amis.