The Express.
London, England, 1865-08-01 00:00:00

AUGUST

14111ir)

41 •AND CITY Bamipsy.-(nus
.41)14 DAY.)
-o-

The ball-yegdy meeting of the shmeitolden of
thip company held this day at their offiore, Rego:led-
er**. j lifr. T. EMI Forms in tritiebak.
The of the directorsstated the. • comperes
bill in parliament last session received the royal assent pa
the 19th June, and immediately thereupon the compeers
aolioiters wets Instructed to oonimunkate with the solicitors
of the Great Western and Metropolitan Railway Companies
with s view to the preparation of the deed for formally
affecting the transfer to those companies of this company's
undertaking, in accordance with the terms of the arrange-
ment approved at the MR-yearly meeting in February last.
In conformity with the immoral practice in similar oases,
the deed is being drawn by the purchasing companies. So
soon as it has been settled by them, and approved by the
solicitors of this company, your directs= will lose no time
is eoneeeing a meet's, for the purpose of submitting it to
the proprietors. In the meanwhile, the arrangement has
practically taken effect situ* the Ist of January led ,• and
your directors have received a remittanee from the Great
Western Company to meet the stipulated payments fee
the half•year ending the 30th Jane. Tom directors
recommend accordingly that a dividend for the half-yea[ be
declared, leis income tar, at the rate of 5 per omit. per
seam oe the amounts paid in respect of the 5 per cent.
preference shares of the 14th of April, 1864 ; and at the
same rate on the original stock of the company. The de-
beaters aoapons are already in course of being paid off.
The acconnts for the half-year are annexed. They show
that the amount received on capital account is 315,3381.
3s. 7d. ; and the amount paid, 312,6141. 13s.
lid. ; leaving a balsam, of 2,7231. 9s. Bd. Your
directors regret that they were not successful in op-
posing the application of the London and South Western
Company for a loop line at Hammersmith. The bill, as
passed, will enable the South Western Compare to rue
certsin trains direct from Kensington to Richmond without
sommenicetieg with the Hammersmith Railway. The
South Wsstera Company are, however, still under obliga-
tion to make another line, welch will join this company's
railway, and will admit of an interchange of traffic at
Hammersmith ; and this company's mooing powers over
the line to Richmond are preserved. Your directors
posed the the Fulham Railway Bill alluded to in the last half-
yearly report, in consequence of the short branches pro-
posed in the plan as deposited for connecting the in-
tended line with the London and South Western Company's
Kensingtou and Richmond line at Hammersmith and the
resin lire at Battersea, which might have opened • emend
railway route from Hammersmith towards the City. The
opposition of this company had the effect of inducing the
promoters to do away with the connecting links objected
to. So modified, the project appeared to your directors to
become favourable to the interests of this company, and
your directors accordingly supported it. The bill pursed,
and the line, as now laid out, cannot fail to be of consider-
able advantage to this company, as it Is practically an en-
imam., by independent partite, of the Hammersmith sod
City Railway from Hammersmith to the Thames at Ful-
ham.

The CHAIRMAN said he had little to state, except that
the Great Western and the Metropolitan were substantially
carrying out their agreement, end had remitted to them the
half-yearly dividend to the Ist of July. In parenanoe of
the usual oustom, the purchasing company had to prepare
the deed; which had not yet been executed. but no greet
delay bail occurred, as it was only since the 19th June that
the Metropolitan bad been in a position to act in
reference to this matter. The shareholders, however, need
entertain no apprehension, as they weld in receipt of
just the same dividend that they would be in receipt
of if the deed were executed. There was only
one other point to which he would call atten-
tion, end that was that from the character of the
soil on which the railway was constructed there had been a
certein subeldence, and the traffic had to be stopped for one or
two days. That arose from two awes, one the character
of the soil and the other from some alight defeat in the
workmanship. It appeared oa investigation that Mr.
Rimniins. the coutracter, was not liable after the 13th of
of June, bat like an honourable man as he had always
shown himself to be he said he was quite pre-
pared to do everything that was thought right and fair
and to put the line in good order at his own expense.
(Hear hear.) The Fulham Railway Company, as men-
homed in the report, had got en act to make their line
which would in fact be a line joined on to the Hammer-
smith. That line had been promoted by an independent
company, and would be constructed at that independent
company's expense. The Great Western and Metropolitan
would In all probability take up that line as they
had the Hammersmith, and he believed that from it
there would be a greet secretion to the traffic of tine
line. In concluhoe, the Chairman moved the adoption of
the report and statement of amounts.
Cotoael Cancer wooded the resolution, which was
agreed to. as was another declaring a dividend at the rate
of 5 per cent. per annum oa the preference, and 5 per cent
on toe ordinary stank of the company, lees income tax.

THE PEABODY GIFT.—It will be remembered
that rather more than three years since—in March, la 62—
Mr. Peabody, the American merchant, declared his inten-
tion of placing in the bands of certain gentlemen whom he
named Si trustees the munificent gam of 150,0001. for the
benefit of the honest and industrious poor of the metropolis,
I and recommended that a portion of the money should be
appropriated for the purpose of providing improved d well-
ing,houses for the working Accordingly it was
determined to purchase the site of a pile of buildings known
as Ward's-place, lower-street. or es it is now called,
Essex-road, Islington, at that time densely occupied by a
community for the most part consignee of thieves, pr.:sin-
ning, and come of the worst &erecters in the metropolis,
who herded together with knits or DO attention to morality
or decency. The old houses were speedily levelled, and
the erection of the handsome structure which in now
rapidly approaching completion was forthwith commenced.
The budding is substantially constructed of brick, and
is from a assign by Mr. H. A. Darbishire, the builders
beiag Megrim Patman and Fotberingham, who have also
received orders to ergot similar dwelling-houses, like-
wise the gift of Mr. Peabody, in Love-lane, Sbadwell,
end Commercial-street, Shoreditab. The model buildings
consist of four blocks of houses five stories in height.
which will be let out in tenement, of one, two, and
three rooms, at an estimated rental of 25., 3a., and 6s. per
week respectively. Each block will afford accommorletlos
for GO families, or 240 in the aggregate. The rooms are
each of them to be 9 feet wide and 12 feet long, and of a
suitable height. The attic of each block is paved with
tiles from the Isle of Wight, and Is surmounted by •• hand-
some ornamental turret. There is also acoommodatiou for
washing, drying, &c., and at each end of the buildings Is
• cistern 12 feet long, 6 feet wide, and 4 feet deep, capable
of containing 1,760 gallons of water. Everything has been
done to render the sanitary arrangements complete in every
respect. It is contemplated to erect workshops for the ac-
commodation of the tenants on the east side of the blocks.
These, however, although of course under the control of
the trustees, will be irrespective of Mr. Peabody's gift, and
will be let at a very moderate rental. Numerous applica-
tions have already been made for tenements by men whose
wages average from 18s. to 20s, per week—the clam for
whom they were intended by the benevolent donor; but
none will be taken whose character does not bear the
strictest investigation.
CAPTURE OF A DESPERATE BUROLAR.—Within
the lost three weeks there have been no lees than five
robberies in the neighbourhood of Mailing, two of which
have been burglaries. Oa Saturday Superintendent Hulse
heard that • burglary bad been committed at Bradbouroe
Court, the residence of Mrs. Twisden. A domestic, on
coming down stairs on Saturday moraine, found that two
large barns, four ribs of beef, and a quantity of clothing
had been abstracted from the house daring the night.
Superintendent Hulse. knowing that a ticket-of-leave man,
name I gloom* wee in the neighbourhood, and suspeotiog
him of the robbery, summoned his whole force, 17 in num-
ber, together, with four or five keepers in the employ of
E. L Betts, Esq., of Preston-hall, and on Sunday and
Monday instituted a thorough search for Eleombe, io all
the wood. in the neighbourhood. Oa Monday afternoon
P.-C. Millet, who was in plain clothes, discovered the man
is • wood at Niewhithe. He bad made a bed of the gram
on which was lying some of the stolen property. Mille.
asked him who he was, and to whom the property be-
longed. Eloombe stated that his name was John Arnold,
that he cams from Chatham, and the property
was his. On Millen tellies him he was • constable, he
attempted to emape, and a desperate struggle ensued be-
tween them, Etowah* fighting with • bludgeon, and Millen
using bin staff. At length Eloombe was brought to the
grouad, and the handcuffs pat on him. With the aid of
some labourers, he was conveyed to West Melling. In
different parte of the wood the rowed* of most of the rob.
bevies were foetid. While in custody, primmer told Supt.
Hulse that he bad hidden a gold watch on the Hermitage
farm, acid he was conveyed to the spot, that be might
point out the place. It was • covered hole in the ground,
which contained • box, is which prisoner said he had pat
the watch. On. opeoisg the box, however, nothing but a
heals and • saucer were faggot There were indications of
• firs not far off, and it is believed that some Minion who
bad encamped near the spot had accidentally discovered
the watch, sod substituted the mribenemre in its stead.
Primmer was brought up before R. Tamil, Esq.. cad
re-
madd. Eleven years ago prisoner was convicted of
sheep steeling, and in the year 1840 he was traced to
• wood when the proceeds of fifrees or sixteen robberies
committed in the neighbourhood of Orenhrook, were found.
• He was then convicted and sentenced to six years' penal
servitude, but obtained • ticket-of-leave on the 7th June
last. He has lately bees living near the house of Mr.
Cohms, of the Sandlisg-road, Maidstone, when • serious
. Irobbery was committed daring the excitement of the late
election. His father, it is stated, was gardener to Napoleon
Bonaparte, during his exile at Se. Hairs.—South Masters
Graretie.

PRODUCE Or TAILS. —MUMS just issued for
the Bsasdal year ending with March, 1865, present the
fallowing statements of the net prawn of taxes in the Is-
land Revenue Department :—Os pr-stiates of wills, adsni-
nistrw.inns, I-genie% and successions, 3,849,154/., an increase
of 125,9224 over the province scar ; es inhabited hostess,
916,8061., an increase of 18,5321. ; on servants, 211 2444
an increase of 2,414/. ; on dop, 210.3291., an iceman of
5,0001. ; of exchange, 769,3091., an increase of
103,191/. ; Inked Revenue penny stamp on receipts,
draughts. kc., 500,2501., an Increase of 23,0541. ; on rail-
ways, 439.332 E, an in.,.... of 3'1.7071. ; on gold and silver
Os* 62,3641., as bereave et 2,7991.; on armorial bee rope
111.4191., an incense of 1,3171.