The Express.
London, England, 1849-10-26 00:00:00

RAILWAY MEETING.

YORK, NEWCASTLE, AND BERWICK.
TAIL TUVRIDAY. 4 P.l4.—Att • xtraorilinery meet
of this wasspiny was held to-day at noon. is the Peetita
Casein Roam, to resaive and consider the SCA sad lad sp-
ree of the committee of investigation (for whisk sae Bs.
of Turley last), to determine as to the amber of
and their rate of r•tanneraden ; to sentinate ad/
elect peeper purees for the direction ; to amides awl dear
make the amount of remuneration to be paid to the NANO
sad secretary ; to elect two auditors. and to adopt said
measures fur the future management of the compases
affairs.
The format meetings of this corapsny had been adjourned
home time to time; consequenely, In addition to the extreme-
dimity meeting now winded, there were three other meet-
lags by adjouranseet held oa this day.
Jams Mann, Esq. (chairs** of the directors and of
the committee of ievaigation) presided.
Mr. MEEK then mildewed the meeting, observing
that the fourth and the fifth reports of the committee
d avestigatioa had been remiwil. Ile then noticed
several insocancies in the reports, which were not,
however, very material, being priscipelly of a clerical
ahstera. He suggested that the regard should be
taken al read, and moved that they be needed. He
ed trust that they woad amid the -eel mod deliberate
eassideration of the sharehollers. The aseessittee had
awdosaly devoted themerlds to unravel lie
stead de
the
sompasy, and h• assured then Oa himself ead de sed-
leases had acted with en hessety of pupae ad a stases.
desire to discharge the duties which had slushed epee them.
He observed, that after all the liabilities west paid there
was a balance oa traffic account of soave 1,0001. oa the last
half-year's secant, and is addition to skit there was some-
thiag late 14,000 i. doe to the compaay in interest of shares
sad other matters. Their principal badness would be to
elect honest. persevering. and upright men as director, and
if they made a geed selection he did not despair of the
elasticil of this great pracrty. He haw me ether
railway so dreamstanced as the York, Nemeses, ad Ber-
wick Railway is. It had a trunk line 0160 mils- is length,
nearly all through a coal district. The brad= la the coal
district would also prove warms of benefit and rams to
the main line. Beyond Newcastle, towards Nerwisk, as.
pits would be opened out, which would woad torliker lea&
He did think, therefore, that sontiestes sled nos be
frightened oat of their pro if the line were wdl
mansged, it tad be ea the is the sonata.
In reply tamp/media Kr. LOVE add, that the adwasteele
had not had time to ma thrash the GN.E. pads.
account, bat eertaidy the balsam whisk was stated en that
account was fatheads&
The reports were then ressived, wharepon Mr. KM
moved their adoption; whisk was emealeill by Mi. "MAUL
Mr. WILEY, of Limped, then rose to eddiea the
meeting. Ho expired kis admiration of the ended of
the committee who had aravelled a system of memo small.
which ho steward as infamous. Hs celled spas Ode
mania to demand redress at common low egged the
offended. Ha would not indulge in perusal invectives—
he wad not bandy words with that rich impostor
—there was another tribunal where he must answer.
It was a singular coincidence that a former occu-
pier of Newby-hail was atoned the Howe of Com-
mons for hie participation in the South Sea scheme.
A tiatilar consequence was amities; the individual who was
then now luauriatag on his ill-gotten gains. Turning from
Mr. Hudson, be referred to his abetters aad coadjutors. He
wished he maid have said they had ban weak, but not
wicked. The report, however, disclosed the fact that they
were worthy associates of such a man. They had been
guilty of sets of omission and of COOLOgiaioll also. He to to ths correapoadence between Mr. Close and Mr.
Allport—(hive)—where the complete letter-writer *h-
eaves that the half-year is not long enough and they must
take a week in the next " to make tbiagste
ineant." This
was the coanexica between the chairman • directors, d
the subordinates. We most take steps, for the sake of honest
men, that all who have thus acted should be expelled from
all railway connexions. You were, by these frauds, induced
to buy shares at a price which ought not to have existed—
you were indeed to enter upon engagements which you
would not have sanctioned bat for these frauds. He
should propose fa due time that legal proceedings be
instituted against every individual who had thus de-
ceived them, tad ask them by its adoption to
wipe away the reproach which now rested upon
paddle men. He pledged himself, if he was out-voted,
he would join any gentleman, or number of gentlemen, in
proceedings at ce mina! law. Ho was astonished to hear
that one o f the old directors was proposed to be re-elected—
he alluded to Mr. Plews, whose loal knowledge was relied
upon—but with all his advantages he stood dishonoured by
having boon a party to the cooking of these accounts. It
was also said that being a director of the Great North
lead Railway be Arnold she be ass of our directors, that bet-
el, tams aisle be made respestiat the paddies of that Use.
Bat be eklected altogether to sea expediency. As to Mr.
N. Wood, be also objected es him, as en old director, and
aloe ea account of hie omissible with the collieries that
=the line. Mr. Allport mast also cease his eon.
with this line, for his satoervieney to the late direc-
tors fa their fraudulent practices. (Here considerable uproar
arose as an interruption by Mr. Olye, of Newcastle.) Mr.
Wiley proceeded to comment upon the future mansesenc..t.
Be would have directed properly remunerated, because,
unless that was done, efficiency could not be pro-
cured. It was not gentletnea's spare time that
was sweating, but their active time. By properiy
pais( them, there would be responsibility. What was
theorist of the late dreads ? Mr. Hodson sad his se
bed 2,6001. a year; Mr. Allpert had 1.000/., and Mr.
Isffffol, Therefor: U,attriri. was paid for at indifferent a
lealladmeat as could have been conceived. He considered
link Sada all the tits-Inatome', there should be three
leaped managing &melon, as recommended by the ti/r4-
SOW. They would thus have individual reaponsibility,
whisk they Nall Cot possess iu an amateur board. Ile
Leerally approved of the details in the reports, especially
proposition of the directors that no dividend for the
pmt ken year be paid. He felt the hardship of that
aura ; but in justice and soundness of prie-
d* that was • right course. With reference
to the railway, he believed that there was not a better I
in the kingdom if it was rightly managed. Lot
CrsrartT eholders not heed a York list or a Newcastle list of
dilators, but proceed to elect men without reference to
laalities. He looked for an increase in the traffic of this
line ; but whether that was so or not would d. pond upon the
selection which they would this d.y make.
Mr. OLYN then roe, to defend Mr. Allport, who was able
aisrptia, aid efficient.
Mr. ALLPORT said his conscience aimpi!tted him of the
motives which Mr. Wiley had imputed to him.
Mr. RAMSEY asked how it was that he was managing
Mr. Ildeon's leased lines ?
Mr. ALLPORT sell that he had massaged thew Ham for
the benefit of the York, Newcastle, and lierwick Railway,
and that that was dose with the parrast kidded,' of the
dirtied». •
Mr. M'LAREN said it was never intended by the corn-
mina to ease any imputation to bead me upon Mr. AU- I
port. The company was paid for the expanse of working
dame hoes, which was done with the approval of the
Cad a&
Mr. SIDNEY said there was a great question affecting
=party, in reference to the Great North of England
He understoild the negotiation had failed re-
spectingthe payment of this money to the Great North of
England company t but unless this was satisfactorily er-
ne,. d, he was inclined to the impreviou that this company
ought to take advantage of any legal difficulty. With refe-
rence to the election of directors, he condemned the issuo of
proxies, and also the calling together of delegates. He had
offered his services as a director—he wanted no remuneration
except to benefit his own properly invested in the undertak-
ing. Ile now withdrew hatwetessions. He then cos-
added upon Mr. M'Laren and Mr. Leeehasan, two gentle-
men recommended as directors, and he asked the latter
gentleman if he was sot the mere repreeentative of other
dared&
Mr. MOSLEY, of Liverpool, would real dm meeting to
the Wines really bead them. He could not anew in the
strong representations made by Mr. Wiley upon the sub-
ordinates. He did sot approve tithe letter written by Mr.
Allan ; but he would set withdraw confidence from him
for sae mistake. With regard to the Newcastle sad Carlisle
line he had been rather hardly dealt with, because
what he had dose was with the knowledge of the direston.
The peat question the shareholders had to deeds
was whether they would had eight or what ether wander
of directors; and then to proceed to elect fitdag nom for that
tooffice. Let theook well as to the men they were aboat
appoint ; and as regards Mr. Plows, however honourable
sad efficient he might be, he had touched dirt and was de-
filed. lie objected to Mr. Plows for the direction us aceount
of his past coonexion. Neither principle nor expediency could
justify he election, and thus place confidence in one from
whose conduct they were now omitting in pocket and
is mad. With reference to sectional tatereets, he should
oppose any man however great hie ability who
wee brought forward to save any patinae timidity.
Generally, he had confldenes that railway eressay would
cra solid and absentia' ream for the -bodement.
robreala to dm Great North of Salad penises, if
the anion wadi net swept a Mr cad Iseemeeble mar
promise, be would resemmed this ampay to ge M
fee a mead's tithe maw* whiatess ads by that
y. With rellimmes to the stailtesed& be dialed to
menst iaterhseess-4 weed be a seem twee. This
y wee 4111111.11114 of msable to image their own
=and andited deed be solosted who would apply
themselves eindellosady 44 the CS duty. The remade-
tiaa should be seseethiss more a paltry pittance of 601.
s year, as doped
Mr. Alla& ogOokoldwiek, made some observations on
the large mead of sadal. Weld in York--about a million,
and he urged that York should have two director& Ile
named Mr. Mande es a alsegae deaf with Mr. Leeman.
Mr. PAGETT speed with the estemilleeisoda rear
ntendation, deed as to asanaglag ditallege did highly aid
solarise—is while be add set used. Me ea She
of expose% and oleo ma the
did est moan heeded.lie. HF. the Yak, Newels& asd Ilawkhiedwishe
wee theary areaddes of ad eel ffidemea, whlht
at the Xidias he had a seraph Wawa" end Wee dep
orb wee hams* waked& Me dee& Me
abed& be dead hea saes locally aquanaut with lbe emi-
ts d the lift. The direeders were not to est as sereetalent
to see that the misers did their duty.
Mr. PERGITEON, dCarlisle, wield depose that the
weber of diessesee be limited to eight. Me proceeded to
speak ended% as* min.

Mr. LOVE then &dammed the meeting. He never had
an intention to offer himself as a managing director, 114
thereLra he was the b-tier enabled to express an opinion as
0 suck an appointment. He then reon his ferred to the slander-
ous attack which had been made tharacter—en
attack which he antiepated—and which had been concocted
by a Newcastle euchre. who rev: favourable to Mr. Hud-
son. Ile called ape Sir John Bishop& to retract the ob-
servations with he had made at the meatball in Leaden.
err mushdurearmee=d6c.L% charge =l7lrtr.
lave being a director.)
Ile. ALLPORT explained that he was in Leedom es busi-
ness of another tharseter, and that he did vela—es he had
aright—having a large stake in this undertaking.
Mr. PRANCE next &admired the meeting ia favour of
Mr. Lou. who bad joined him in males the aiselesures that
had unravelled Mr. Hudson's dealings. Hh Mead. Mr.
Love, was a man endowed with esummranasem of perpose,
'stir*/ estivity, acuteness, and Ithow el messes He
hod ter Ihe last eight smiths Ids lemurs es the
Stub Illsektnee for the benefit of this compsybot he was
Vthat a kind of dead set wee mode aganstlle. Love,
gisaespision ereas .d his mind that this arose hem eel. I
ash He was aware that the enemata was
meals he was a member of the Stock Ezahany. He
seseemasi there was so commercial community in England
elingriskscow
_large a body el honeurable and intinentid men
es did the 'soden Stock Bultange.
Sir JOHN BASTHOPE rid, after the allusions made
and ine writings eisculated, he claimed the atteution of this
meeting, asking nothing bet a fair held aid no favour. lie
had sio wish to el* an set of injusties to Mr. Love ; bat be
fended all he had said and done. He was proceeding to
speak at great length amidst much impasses, when
• SHAREHOLDER rose to ardor. He
Stock
that
they were wasting their time in a men Stock Exchange
squabble.
The CHAIRMAN celled for a show of bards as to
whether these explanations should be continued, and it was
earring in the negative.
Sir JOHN BASTHOPE then proceeded to speak to the
question, observing he had a hey Interest in the under-
taking, and that it was in the delence of that interest that
he had acted. Hs hoped that for the present the appoint-
ment of inansging directors would not be approved of ; and
that the sums of the gentlemen recommended by the dele-
gates should be agreed upon. If they did not do so they
might then be like the inaa who went thither sad fared
Yr. BULLION answered die objections of Mr. Nett
against the appointment of managing directors, and ob-
served that the Midland Railway direction, to which Mr.
Pigott pointed as a model, was one of the worst conducted
in the kingdom. He was satisfied that the only way to
realise a reasonable dividend was by the appointment of
managing Craton. He was noxious that this meeting
should express ea opinion on this prat ; to defer it till Fe •
bream would be a postponement lushly prejudicial to the
interests of the eompsay.
Mr. PAOETT rose but was met with cries of spoke."
Mr. CARBVTT, of Ludo, (emplaned of the waste of
time which had been incurred, principally arising from Mr.
Wiley having been allowed to deal with general questions
not relevant to the motion. The experience of the Midland
directory, with a committee of maaagen, had been prejudi-
cial; and yet the same principle was recommended to be
now adopted in this company. He fat that this would lead
to the managing direetors becoming absolute, and the al&
nary directors resolving themselves into nouentitiee. The
appointment of managing direction with 7001. a year wed&
seats a focus of intrigue. (Mr. Carbutt was met with emu
tinual interruption. He at last sat down, when Yalta-asses
other shareholders attempted to speak:amidst the greatest
confusion.)
Mr. CHAYTOR at length got a hearing, but was handl-
hie at the reporters' table.
Mr. LBEMLN recalled the meeting to the real business
before it, the adoption of the report, which involved the
principle of managing directors. He was satisfied that Chia
point must be settled now if the new directors were to have
fair play.
Mr. H. S. THOMPSON proposed a neolution that the
principle of appointing managing directors be now affirmed ;
that the directors shalt look out for a managing director, to
be appointed in February nut, and that then it should be
decided whether ono or three be appointed. The board
would then have some experience, and could give a better
opiaion as to which course would best to adopt.
Mr. PHILLIPS was slowly of opinion that it was act
policy now to settle the question of managing directors, sad
that the board should postpone this question.
Mr. CONSTABLE, of Otley, moved an amendment Os
the adoption of the report, except so much as referred es
the election of managing directors. He preferred that they
shluld have committees.
Mr. JOWITT, of Leeds, wooded the amendment.
The amendment was put and carried.
Mr. THOMPSON then spin proposed his motion,
affirming the principle of appointing mugging directors.
Mr. SIDNEY moved an amendment that eight directors
be now sleeted.
Mr. CONSTABLE contended that his amendment had
already negatived Mr. Thompson's motion.
Mr. THOMPSON contended that his means was in
coder, and that Mr. Sidney's amendment was no amendment
at all.
Mr. PHILLIPS moved an amendment that the question
lof managing directorial referred to the meeting in February
next.
Mr. WILEY roe*, and was met with fries of "Spoke,
spoke," and gnat confusion.
At length r.Philli2e's amendment was pthand canied by
a large ordain..
It was sfreed, on the motion of Mr. Norte!, to proceed
to the electioa of directors.
Mr. THOMPSON, chairman of the meeting of delegates,
read the list they approved of, vie.: Mr. Leeman (York),
Mr. Leaches's, Mr. 1111Laren, Mr. Kipling, Mr. Plows, Mr.
Hodgson, and Mr. Hunter, the two latter from Newcastle;
and to avoid preponderance of local interest he proposed to
substitute he the name of Mr. Hunter that of Mr. Love,
who had the next largest number of votes.
I Mr. WYLIE moved the omission of the Pim' name, in
order to insert that of Mr. Love.
But ultimately it was agreed to put the names eorialies.
TM names of Mr. Leeman, Mr. Leachman, Mr. Kipling,
and Mr. lll'Lerees, wets adopted unanimously. There was
a large show of hands in favour of Mr. Plow', a number of
lands were also held up spinet him. Mr. ILidgmn, Mr.
Whereon, and Mr. Live were also appointed.
Mr. MOZLEY proposed to substitute the name of Mr.
Maude kit that of Mr. Flews.
Mr. Mande% name was pat to the mestiog, when the show
*thesis was declared in the negative.
Mr. MOZELY still proposed to go to a poll ; when
Mr. THOMPSON amend him that the directors held
proxies more than sufficient to confirm the nominations
made by the mojerity of the meeting.
Mr. Mande and Mr. Wylie were then elected directors.
On the motion of Mr. THOMPSON, It was resolved that
a piece of plate, value 100 guineas should be presented to
Mr. Prance and each of the members of the committee of
investigation, as an acknowledgment of their valuable ser-
vices.
The thetas of the etteyelteLlen nnanimously voted to
Mr. Lessee.
Mr. WYLIE intimated that the motion which he had in-
tended to propose was to the effect that the board of directors
should be instructed to lay the report of the committee, with
the evidence, before counsel, with the view of instituting
legal proceedings against Mr. Hudson and such officers of the
company ea had acted fraudulently in the management of Its
affain.
Mr. RAMSEY asked the chairman to reed the list of
those persons who had essayed dividends bit had not paid
their calls.
After seam discussion Mr. Close read the names of Henry
Newton Jamie Henry and William Richardson, G. T. An-
drews Davies, P. Wilkinson, Gulch, J. Richardson, R.
Nithol li.
sou, G. laden, Joseph Lawrence, J. Close, W.
Richardson, Wilkinson, and R. Nicholson.
After explanations by Mr. W. RICILUIDSOX and W. W.
flawromf,
Mr. M•LLREN stated, that **names of Messrs. Newton,
Richardson. Andrews, and Gulch ought not to have been
in the list, their ease being entirely different to that of the
ethe
Mrrs.
. LEGMAN explained that those gentlemen had large
claims on the eompany.
Thanks were then voted to the chairman, and the pro-
oeedhigs terminated.

BOO= Baehr.—The company hors just removed from
their old Mims to a sew and more commodious suite re-
matly needed in connexion with their North Kent Railway
tennotes, on the right hand side of the London-bridge
station. The Brighton Railway Company have takes the
*Aces vacated by the South Eastern, who are about to build
some huge goods warehouses at their Bricklayers' Arms
station in the Old Kent-road.
LONDON awn Noun WISTIPX.—Third-alass
by the London and North Western will be to learn
that considerable improvements are to be out at the
Bletehlry station on this line, where ell the puliamearary
trains have to stop an hoar and a half. The maxamodation
is to be incresasd, end refreshment-rooms provided is lies of
the present publinhouss.

Srrrtyos or Tas liousz or Commose.— Under
this heed a parliameatery Mem be
Jost beat issued,
Elvin the amber of days asd hems the Reese of Cessna
sat la the wean of 1849. The amble el days wee 121,
sad of loan Me. The edosp time GI OM @Wisp was 7
hews sad 654 alludes. Of lie ameba el heats the house
at, 784 were thee sehlaight.
COLLIZZT EIPLOIIION.-11me Mousses Herald efAtee
that as vesaltlae Is the death et a wilier soma
Darla W al Otrubasb, leaded • lidediec beat
the Wei( Veda . It mewed Oat dim
with we ease ass, wee awed la a esrtsia paths
the wader Net ems et dem, ietheuxci awn wily
fladasesszesose We whisk led boss Medved the ay
of him lath. The amalmalible de hal ossuare-
idea la wen ef the yit imadistely toied. As
ezykoka was the-momegoesee. The soma who model the
Undated maw silks mosteissd asmeewhet some *wise.
bat Oa isommal. who wee tartlet* of the thew ken the
asst el dim aspired, was bust se radaesly as is sere kis
dud la the doses et • few hoes. Dr. T. WNW= wee
ClAseat kw, mod demos& ell the demos sosswessi by
The peer sea was likewise &tasked by the ser-
ves esessessed withhope thed
weeks, bet death teraUesed his
As ea the boar wee held on Tuesday
=Esq., whoa a redid of " Aesideatd
death" was