The Express.
London, England, 1856-04-10 00:00:00

GREAT WESTERN OF CANADA RAILWAY.

Yesterday the pm; rieters of this company bald tbeir
ordloary half.yearly Irides meeting at the London Tavern, J. B.
extra, lag WY., the Chairman of the English Board, prending.
Ile slpsel which was published in the Ewa* of Tuesday.

Tee C 1141811•11 observed that the recent act of parliament required
that the half.yrarly meetings should be held in Canada ; but so large
en emesnt of the stock was now held in this country that it woo
=bi&Meg to held kalf-yearly meetings also in Londos.lhe report,
be bed read with some attention, was a very full, and. he
Wry hottest stateretrit of the condition of the propmtr.
The tnM bed been very gnat. Irritative) had de vetopeditf
at a mode earlier period than perhaps even the most sanguna had
anticipated. There had been sore temporary suspensien doing the
past what d ermsequence of the piper codentedly Revere weather in
(]seeds sad throughout tho United States. Toey could scarcely
term subhead the mioref which corned to the Ames lean railways
Be. the ecereme cold. The Mich*. Central, oat of 71 engines
bad bed eldrebled In eousequereoi the OW Woo wheels, which WOW
is the American engine., being Wren the frost.
Lateal red
migter vernal this company had dm suffered. t torten-
a.cy aserfatereble poet= of therapnes were of English manufacture.
• wheeler which being made of wrought iron, withetoed the effects
of the old better tom the cast wheels; sot he might add, that,
anticipating damp from this cause, the directors had sent cot
wrought bet wheels, which were DOW on their way to the colony, for
all their Arran mom He thought they might, lock to a coo.
eider.ble inereme or macros:la es the weather moderated. By the
hurt return they wir e informed that • thaw had act in, sad that in
eroceequenee there had been an Increase of 50 per mot. as compared
with the corresponding periods( the previous year. The trite would,
no doubt, continue to increase, but to develop It folly, a considerable
addition to the togi..es, rolling stock, and Naar socommodatice
woe dbe required. The directors, however, were at present anxious
shove all thing. to keep down the capital ancient. Until they saw
their wiry clear to an adequate return for the outlay, they wished to
&rola Wain to the expenditure on account of capt,l; acting LWOW
that view, they had suspended for the present the doubling of the line
se had been intended. The Lupe portion of their Vedic consisted of
What was called forties treat; commencing at Detroit and going on
to the Niagara Bridge. Now, the Michigan Central, with which
their line was connected on the one We, and the New
York Central, which joined them on the other, were both
et , them stogie lines, and neither of them was adequately
provided with rolling stock, the consequence of which was that the
traffic was sometimes delayed at both code, the connecting lines
being unable to take it on ae It arrived. Therefore to speed halt a
million to doubling the line, and providing rolling stock until their
neighbours did the Rice would be to invest capital where there was
no prospect of an immediate return. The London board had, how-
ter, requested the Canada directors to eommusions with the rum-
paten he had named, to wends what their intentions were in
regard to doubling their lines and ineressir g dab !officina 1,. and
of course they would set according)y. The directors had distributed
the remaining portico of the capital stock, omaidering, first, thit the
tabling shareholders were entitled to participate In any breads/
interest arising from that stock, end secondly, teat It would place
the finances of the company on • sound and stable footing, sad enable
them at the proper tut to go into the market Rod borrow money
acne the bat terms. Anticipative the return of a peilAl when the
public would be mations to invest in *numbs of the pound and
stable character which this compeer) could offer, ad in order to be
prepared tor it, the board bad requested the directors en the
other dde of the water to ascertain fr. m the colonist government
whether they wood a:low the artery to pay off the debt due to
them, and to grant an act of parliament author Wing the raising of the
funds in such manner as the directors and the shareholders might
d. as WWI exponent That question war now under the considera-
lion of the Canadian baud, and in due time the result would be
known. The bard had set sere the sum which wee polar annually
to the colonial government, in redoattion of the debt as • deerecetwer
fund, being about equal to the amount of the depreciation the per-
manent way might no summed to notate. This would enable theta
stall times homely to divide the whole net amount of profits, and to
oder to the inceetnin public such a secarity r co other railway could
present—by aiming them that •thheeyy would not be called upon, us in
many cues the propietors of llogilati railways had been, to pay out of
cutout prodts the covers of renewing the line, which the share-
holders who preceded them ought to have paid. In cockatoo be
moved that the report of the proceedings of the general enceeing
held at Hamilton on the link of March, be received and adopted.
The motion having been seconded, was atter some damsel. n putand
carded, and the dividend having been declared, a resolu iou was . eita.
mined and earned that the NM appropriated AS pat meat for the
service' of the stereo directors in Lours and to Canada should be
i,t Md. currency, instead of I,uool. currency as heretofore.
A vote of thanks to the chairman closed the prcieedinge.

THE REPRESENTATION OF NORTH DEVON.—The
saddea Illness cf M r.' Buck, at the rail way statioo, cm Wed-
wedgy, has given tile to some local talk as to ate dispossl
of the seat woich he occupies as representative far North
Devon. Every becoming degree of symp ,thy is fa% for the
hen. gentleman, oh) has served his party with zeal end
consistency. But en attack of tara'ysis at saventl-four
years of age must necessarily be the prelude of on early
retirement from parliament. The Conservstives consider
the seat their own, and they say that his successor will be
found in either the eldest son of Lord Clinton, or the if.
c wed son, who is heir to the Italie Estate. The Coble lord
prefers the former; but Lady Rolle, his lordship's sister, is
said to prefer her tavoutite nephew, the second son.— Slur-
km* Journal.
EXTRAORDINARY ACCIDENT.— Yesterday so in-
guest was held at toe Bristol infirmary, Ware Mr. J. B.
°dodo", the coroner, ionchtrig the death of John Bowes,
aged 32, a gardener. It appeared that deceived had been
to ureter mom tan ter has garden, and, when returning
home, stopped in Redcross-strew t, at the steam saw • milli of
Mr. Fear, es did some di sew otter persons, to watch the
operation of the machinery. A block of bitch wood was
being trimmed at the circular saw, which latter revolved at
about 1,000 revolution per minute. In the birch there
were crooks and hollows. The saw having touched one of
these, a long strip of wood broke off, and tell on one tithe
peas of the machine. whence it was thrown against the back
of the saw, which again hurled it with terrible force among
the spectators outsice the works. Si rapid was its flight,
that no one saw it page, though it was heard gushing
through the air like • rocket. Deceased, who axed 27 teat
from the law, wee struck at the bottom of the throe', the
point of the wood piercing the Peppier vein, end causing
death in a few minutes. The jury returned • verdict of
Accideotal death " Mr. Fear mid no one could have
anticipated such an accident; and. during 30 years' etpe-
risnee, he had never heard death a use. He would, how-
ever, adopt south precootioos, if possible, against the ricer-
reace of sack a atheneum. Deceased, who was a sober,
steady man, has left a widow and three young children.
DISCOVERY OF THE HULL OF THE
We naderstand the diver attached to this port, in one of
his recent walks over the bottom of the harbour, discovered
the hall of the Aesphioo, frigae, of 38 guns, blown up
while Iliac in Haman°, on it. 22nd of September,
and that some efforts ove to be made to rain portions of the
wrack.—Plyinuoth Mail.