The Express.
London, England, 1849-06-22 00:00:00

IN HOLLAND PARS.

CALEDONIAN RAILWAY COMPANY.

Ye s' erday a meeting of shareholders in this
compeny was held a: the London Tavern, ly the puma., of
reee.ving trom the London centre' committee certain pre-
positions of interest to the shareholders. Ti.. (stair was
taken by the Run. Capt. PLUhaare, R.N., when
Mr. HAVIII‘OX Thad the advertisement.
The CHAIRMAN re ihnd. d th.- Olathe,' 'yrs that 'lithely
last meeting they time to a resolution to p .i.i it the House
of Lords against the bil:s then pee:dill as highly in-
jurious to this compel., ; that some of the sear. holden
should attend the as....eina the n about to he held in
Edinburgh, to move for a commit-se of inquiry into
the attain of the company; and all. for the appoint-
ment of an e ffe dull conemietee to act in some way 15
a check upon 0 e m smantig.m.nt vi th. it Roe ;
as well as the a iimpropriation of their funds by the di
rector.. In conformity with this en* tviou a petition was
.tr.wn up, 1-geed, and presented to the Howe of Lords by
Lord Mousse'', and very ably advocated by Li id
Brougha ... Tee result of this was that the lieu, of Lyds
decided that, until all past transactions were cleared up, no
future poi.. is %renal be granted to the director,. The con-
sequence was that the Barrbead and N• new.. Lea-in, 1011 wee
thrown cut, a. d the Wishaw and Colwell, then before the
Home of Lords, was a.O allowed to proceed any feather. A.
to the Riverhead bill, there veined to have been a great deal
of itfluence used by the directors with a view to get it
ehreueh parlianr tat Two of the committee had beta to
R inhumes to attend the meeting, at which they vete efficiently
adniested that no further engagements should be intent
into by the directors, . r coy meeker money borrowed
till the affairs of the company hid been Tully inquired into,
which w es, however, thrown out by means of the proxies
of the directors. Then ss to the app ointment of the com-
mittee *greed to at the lest meeting, much uitticul'y had
been found in getting any gentleman to give up his time
and elections to preserve their property, for many weo tad
given 601 pi r share for th it railway property were very
generally unwilling to give a shilling per share towards pt.-
serving it. (Ili sr, hear.) However, the cemmit-se was
formed—aed he bel:eved he might say that the duties of
thee. pent' men now around him had been very a nsideratl,
and arduous, and their object would now be, es far as pos-
sible, to assume some description of cheek over the ea-
trstragstice and reeklewheee of their directors. (Hear, hear.)
Mr. DEAN said he thought, in proposing the resolutie n
he now bitentlid, he we. only tepees-log the opinion of the
great body of mbar holders at the course punted by the
directors. The resolution was :
" Tint it is .he °pit ion of this meeting thee the working
ceintract entered into by the directors of the Caledonian Rail-
way Comp iny with the be retell Central Railway Cot play is
highly inturi Ala to the interests of the Cole d 4.i.th. bhare-
h. Ide r.." ( Hear. bear.)
Captain YORKE see Aided the motion, which was corded
unanimously.
Mr. HARRISON m-ved the next res-lution, in doing
what he reed the report of the select foment-e of i he.
I House of Lords in respect to railway', and quoted several
paragraphs in which the opinious of the Atturbey.Geot •al
aged Mr. Jones were to the effret that eittelolll could be
held reaponsiele for any illegality in their trenuctious. He
c-Atcluded by muving the followiog :
"That the sum of three hundreu sod eiahte-one thousand
two hundred and twenty seven pounds nineteen shillings
and nine-pence admitted by the &teems it, tees, report eel
the 17th of February, 1849, to have been expended by them
in the r atones' of snares, or acquiring an inured in tette'''.
'subsidiary lines,' is a ni'mppr.priation of the funds of the
Caledonian Railway C.rmp soy, sod that the same and :all
otter cams which have been or or may hereafter be es pendLd
, in elision to thee or ary other elutes e r interests in any
railways be ditallowed in the accounts of the cempluy."
(Hear, hese.)
Possessor POTTER seconded the motion, which was also
passed unanimously.
A SHAREHOLDER i sired if the directors were obrged
to call a meeting, it the meeting now agreed to sign a ergot-
sateen.
The CHAIRMAN said the dirt store were bound to do so ea
a requisition be inn presruted to them signed by at loss.. 2U
shareholders holdiug oae-tenth part it the capital, and that
within 21 days.
A requisi ion was then numerously signed ceiling on the
dire-ton to appoint • general meeting of the sherehedets
et bin 21 days, at some app-iinted place in London, t i deo '-
mine on the foregoing resolutions.
After a vote of ehuoks M the chairmsn and committee the
meeting adjourned.