The Express.
London, England, 1865-12-14 00:00:00

GREAT EASTERN RAILWAY.

A special general meeting of the shareholders in
this smaspany wee held yesterday at the London Tavern-
1. For the purpose of suiltorbroktlie airing on mat of
the sum of 200.0001., as provided by "the Gnat
Railway Act, 1862." 2. For the purpose of anthoridng
the raisin amortgage of the sum of 93,3301., am provided
by " The Eastern Counties Railway (Epping Lines) Ad,
1862." 3. For the purpose of authorising the raiMnfLon
martyge of the sum of 454,3331., as provided by "The
Great Rastas Railway (Metropolitan Station and Railways)
Act, 1864." 4. For the purpose of authorising the minim
on mmtgrgge of the sum of 40,0001., as provided by
"TheOreat Eastern Railway (Bighbesah Branch) Act, 1864.
5. Foe the purpose of authorising the raising on mortgage
of the sum of 8,0001., as provided by " The Great Rulers
Railway (Junctions) AA. 1864." 6. Foe the purpose et
confirming any mortgage or mortgages which may have
been granted beyond the amount heretofore authorised by
the shareholders. 7. For the purpose of obtaising the
sandlot' of the shareholders to a lease of the undertaking,
railways, lands, property, and effects of the London and
Blackwell Railway Company to the Great Eastern Railway

Oomany.
Thpe meeting took place in one of the malice rooms,
which was densely crowded, and before the proceedings
commenoed there wee • vtry general demand for an ad-
journment to the large ball. Mr. JAMES GOODSON pro'
The Clietawart moved the resolution authorising the di-
ninon to raise on mortgage the sum of 200,0001. as pro-
vided by the Great Euteen Railway Act, of 1862.
The motion was acceded by Mr. SHAW, the deputy-
chairman.
After a great deal of discussion,
Mr. Sun.= asked the chairman of the committee what
was the present balance in the bank to the credit of the
company ; whether the receipts of the past helf-i=este
standing to the credit of the company at the
whether any moneys bad Deena owed oe behalf of thi
company excepting upon he tures, ,and If so how
more, and upon what security ; whether any of theme
moneys bad been borrowed sines the meeting in Auenst, and
what was the exact sum in debentures over-lamed at the
present time?
Mr. Tussles said he felt a deep sense of respooribility, es
chairman of the committee, is addremise the meeting,
bemuse on the one hand the character and conduct of the
board wee involved, while on the other the interests ci
the
shareholden required to be protected. (Hear boar.) Hie felt
too that that responsibility wee greatly increased by the fast
that from what he might my inferences m4ltt be drawn out
of doors. The committee had bad • *alit duty to die-
chus It had not hem part of their duty to eseerinin
whether Captain Jervis on the are hand, or Mr. Bidder on
the other. was right in the peesonal quarrel, but. to protect
the Great Eastern property. (Cheers.) It was only just to
7LT:reir parliamentar
Before y power had num
be
elerebed
eerier an act of wilamect, the wwhole of the capital must
have bean sabseeiW for, sad ormilailf paid up, amid in eatici.
pation of that the direct:ire had from time to Was harrowed
moneys without the sanction of the shareholders. On the
26th of November the amount Is exam of the barman
powers authorised by the shareholders wee lerl,"1/ , and as
the 26th of August it was 534,2011. In the difficult po-
sition in which he was pieced he bad some hesitation in
stating the amount at the bankers'. (Loud once Of
„Oh, ch.")
Mr. STAPLES-1s there any Wanes?
A number of shareholders called for the Information,
while other' urged apes Mr. Muter and the chairman not
to reply to so dieparegiag a question.
The Oiurstess'esial there wee a very large Wanes, but
he did not think the precise amount should be publicly
stated.
Mr. TUENEE proceeded to my Nat the mosey proposedto
be raised **Deeding to the first two paragraphs of the ratios
had been already rained and expended by the &meters
without the sanction of the itUreholders. With referee°,
to the next three b the tete ci the company sena
dolled a capital of I, , , and when the whale of that
amount was subseribed ter and half paid-up, and a jcuitioe's
certificate obtained, the directors could exercise borrowing
powers to the extent ef 502,3334 Up to the 25th of
November, 1865, the direotere bed anticipated that amount
by 146,9031., leaving them power to borrow, when all the
legal req_riremeete had been complied with, 355,4274 Of
the 1,5ff1,0001., 210,0401. wee the amount subscribed for,
leaving 1,296,9601. to be subecribed for, half of which musthe
paid up and a magistrate's certificate obtained before they
could exercise the borrowing powers under the tote. The
company was in a very critical position, and of the choice
of two evils the Inner, in the opinion of the committee, wee
to take the course wormed by the board, leaving it, how-
ever, to the shareholder, to determine what cooditieris they
might deem it advisable to attach to the greeting of the
money. (Cheers.) The committee had given their attention
to the question of the Blackwell lease, and in andeausring
to ascertain the value of the railway they had made inquiry
into the state of the permanent way end bridges. They
found that previous to the contract being entered into no
report had been made by the engineer of this company
the condition of the line, that 10,0001. would be required
to put the permanent way in order, and 5,0901. for the re-
pay of bridges. (Oh, oh, Lad hear, bear.) Ia coesi.
daring the matter of the lease it became a serious question
whether the 31. 17.. 6d. divided paid last, and which was
the basis upon which the value of the line
was calculatei4 was real or fictitious and the
committee felt that had the revenue beeni charged
to a peeper extent each half-year for permanent way,
that dividend would is all probability have been consider.
ably less But after great deliberation they recommend,'
the adoption of the lease of the Blackwell, expressing .
the same time their opinion that the directors might have „,
made a more beneficial arrangement for the Great Eastern SICANTS' COIMICSATION CASES. —Yesterday MT.
Company. (Cheers) Upoe the question of the dividend Lake Rama, judge el the Comity Court, Paused read,
the committee found that the original balseciestiest pre- &limed judgment in the eau of several weekly tenants
pared before the June meeting showed 17,108/. to the whose had bees required for the emsetructies of
credit of the half.yesx, but for the two preceding half-years the M Railway. end upon wham notices al ejectment
there hut been • suspense utmost created of 33,0001., had been served. The Mee excited considerable Interest,
which the committee considered belonged to revenee, and at half-peat nine o'clock, which was the time appointed
and whet' this was properly charged there was a deficiency for the delivery of the judgment, the court.house was
upon the half-year of 16,0001. nearly full. The houses in question are situated is Brewer-
Mr. Herciteoce considered the 'explanation by Mr. street, Brill-yard, and other places behind the Eustoo-road,
Tuner of the motives which induced the committee to join and between the Eing's-aoss and Easton-square
with the beard in their present proposals perfectly setisfac- stations. The property bald Roder treat—Meters.
torn, but wished to know from the chairmau in what condi. Mills and Perry being the trustees. It appears
Con the company would be if this money were not thet they sold it te the Midlared Railway Company for
granted. 19,5004, reosivieg 2001. addltiooal for clearing out the
The CRISMAN—If it be your desire not to ruction these Wants, and, therefore, they served notice of ejectment
several promotions the company will have to rums to • upon them. It was alleged that is several ewes the tenant.
dead lock. had by their skill, industry, and intelligence acquired •
Mr. litrericooe asked whether there were any had
beneficial interest or goodwill in the houses and that it
bonds in existence. would be unjust to eject them without reasonable compen-
The CHAIRMAN—We have never had such thinge.(Cheers.) nation. If the property had been sold with the tenants on
Mr. JARDINE recommended the meeting to adopt the end the notices had been served by the railway com-
mune which had the sanction of their committee. The Piny, they would be entitled to eompeseation under the
directors ought, however, to give an answer to the slings- Linda Clauses Compessetios Act, but whether they were so
tions contained in the preliminary report of the committee; entitled when the serious were served by the trustees
end while giving credit to one section of the board for of the property was the question to be decided.
having acted with perfect good faith, he considered that company Aged by the licitor of the railway
they had been led by others co the emir (limiters. (Hear.) that they bad paid compensation to
A SHAREHOLDER proposed that they should adjourn the weekly tenants in other aims, sod that in his opinion they
meeting till they could pt • larger room to assemble is, might to do• • but in this cue it was the trustees who had
wishing, however, to keew before he moved it formally, to clear the find. His Honour, in giving judgment, said
whether the company would be brought to • deed lock ia that if this ejectment had been brought by the compeoy, the
the event of the money not being voted that day. tenants would have a right, under the law, to compete*.
Mr. BEVERLEY wanted to know in what way the excels We, but se it was brought by the landlord, they could have
of borrowing powers had been reduced, as stated by Mr. e Tenants ought not to forget that this was
Turner. moultof their own contract. If persoas took holdinp so
The ClieliolAN—The bonds have been paid off. feeble as weekly holdings, and made them valuable by
Several SMARENoLDLIts—From what no
nce. (Cheers.) their skill end industry, they were unwise if they did
The CitilitMAN—Frora the general finances of the war not seek he make them more stable holdings. It
pipe. (.. Seer, hear," and derisive laughter.) was frequently the interest of the landlord set
Mr. Termite said the mortgagee had been reduced from to eject himself under such circumstances, but it
I 634,0001. to 380,0004, by means of private loans and from might also happen that it was his interest to do so,
other 'Mow and this was • case of that kind. It was much to be re-
A Siuseuoucies—What are the other means! gutted that this coarse bad bees taken in the present in-
Mr. TEENER presumed the Wilmer's revenue. Private stance. The earaset way in which the argument had bees
loans had been negotiated to a considerable extent. urged by Mr. Merriman on behalf of the tenants was
A demand was then made by a number of shareholders fairly end justly celled for, end he could not refuse his
for explanatious with respect to the private loans, the motion without some regret. He expressed no opinion as
amounts borrowed, and the rate of interest paid. to what compensatioe, if any, should be given. It was
Mr. Cate= said the shareholders had sanctioned the his duty to decide on the feria, the evidence, and the lav,
application for acts of parliameat for certain works, but had and he must refuse the motion, which was in the form a
never furnished the board with the maws of carrying them en injunction to prevent the ejectment. His Hauer refused
out. ("Oh, oh," cad great interruption.) They ought then costs. Mr. Merriman, who appeared for moat of
to panes before they repudiated that day engagements the tessnte, mid that they foetid it extremely
entered into in 1864. difficult to find new dwelling', sad after enlarging on the
A SRABEHOLDEE asked what was the =mutt of the pi. hardship of their cue it was agreed that they should be
allowed three weeks to clear out, with a week's notice after
vale leans.
The CHAIRMAN did not think it would be for the interests that period, thus giving them four weeks in all. The &-
of the company ta supply the information, but the inresti. eision of the judge covered most of the cum, but in a few
gation committee were perfectly tops meesiou of all the facts. where the teeants had paid fines or premiums on entering.
Mr. TURNER observed, that epee the point raised the Mr. Merriman contended that under an act of the 19th and
greatest delicacy ought to be exercised. (" Oh, oh, and 20th of Victoria, these persons wine entitled to °meanie-
cheers.) The company had borrowed money to • veryy
one. tics. Mr. Jervis contended that the meaning of the weeds
siderable extent, arid he should he sorry at that moment to fines or premiums in the act referred to wee SIM or Pre-
say where it had come from. (Oh, oh.) He was ready, minces pied to the landlord, end not, as in these cases, fines
however, to state the amount, u the distrust excited might ;or premiums paid to the outgoing tenant. Hie Honour
be increased by withholding it. The temporary loses I mid his impression was in favour of the women by Mr.
amounted to 798,0004 (Oh, oh.) The rate of interest on Jervis, but he should reserve the point till .
SALIEIBIIET POISONING Cabs—The
648,000/. of that amount was one-half recent. above the Tai
bank rate, end the remaining 150,0001. bees borrowed on the body of Storer was held yesterday, inquest
at six per cent. for six months.
•n the cell of the deceased after his
, verdict of filo de se was returned. Amongst the
Mr. FILDES, M.P., inquired whether the board challenged papers
tb accuracy of say of the statements of the committee of i death was the ifolloe :—" The following preseripticie
investigation, for, if so, they ought to hear not oily the ;0,16 ow was prescribed and prypessd sce for tai late
Emily Sophia Blake, for obetinsee meastruetion end
chairman but other members of the board give their vertex
of the points referred to in the report. ; chtorceis, of which she suffered from viz., strichnis,
The QUMRAN said the directors had no wish te dial- of a
rain ; sera sulphate, 1 grids ; pil aloes and layman
lenge the figures of the investigation committee at all. . 3 grains. The 16 pills Stec 2 grains exact of strychnii:
(Cheers.) In consequence of the small quantity of 1 ordered her to take one pill every sight for three meow
stock taken up by the prom ietery or the public they had sire nights, and then stop them fee a while, but on no
been obliged to raise money for the necessities of the rem- account to take more. Bat instead ef her taking three, as
pony, and to carry on their works. (Hear, hear.) If there she said, she must have takes four. 12 only being left. The
had been an ample demand for the stock they would have pills did not contain I.6th of • psis of drubs* or say
been in the same condition es heretofore, hut in cones• aromatic ponder, "exuding to De, ffisorere eeelyeic Tin
queue of the absence of the demand they were in the late Emily Sophia Blake 'had previously takes pills pre.
poriticia Mr. Turner had described. AI the more scribed by nee el the same strugth. It sever was my b.
had been expended far the purposes of he tuition, to preparing them for her, that they would be in
pap}... He had heard proprietors by hundreds ex- the least iojarions to her. Had she taken them according
claiming against the condition of the Shore- to my strict injunction, they never would have bees. .
ditch Station, and the directors, in accordance with what This is the true declaration of me, WILLIAM JOHN STOUR.
appeared to be a general wish, wept to parliament for the Dee. 11,1865"
urpme of obtaining a metropolitan extension, and if Du atlases Druclotre must=
by
Rs.
shp areholders would walk round that neighbourhood they TELMA MIASMA FOOD earn, without enelicioe or luaus-
would see how the money was beiag expended. A great Turtles, dreePtia snditretti.C. mush. elebrUl. rellettm de-
deal el money west a very little way In the metrepolia Natty. constirretion, dlnrrhcee, dysentery, berbee, MMus, ,
Mr. DiersoY migrated that they did not sanction this snit etornach complaints, and mete Mb these tie cost Is
nevem they would he in • poeition to hold the other other ',mediae 60,000 cures annuity. —Du Berry and Co.. No. r 7,
leaders at by. (" Oh, oh," and Mmes.) Regenteuest, London. te. In tine, le lid.: 110.. re. ed.;
ietba. !de tabu, 4a.: also et 61, Greceolimet-etreet Cheap.
TheCRATIMAN was sure the meeting would not encou- aide ea. 150, and us, Oxford -street. and et all Olocern—(l4tver-
sege tlts Idea of eepodiaelea. (Chom) taimasse.l

After our report left yesterday,
A discussion ensued, la the course of whioh
Pla &tut &drained a snore ennomisel IMIMSISSMStr and
inthneted an opiaios that the wadi= of an hotel would
tend to injure the refreshment de t. He hoped,
also, that the mmoot of a couple of thousand pounds
would be °brain by an arrangemot with the incoming
Meat of RookbUts.
Mr. HATTHOINZ complained cd the endition of the
readiagnores, which, though affording everything that
could imwove the intellect, was sadly deficient in one
thing which was essential to pommel comfort—namely,
protection against the east wind.
Tarim other Tondo= wen put, but roost of them
related to minor arrangemente cosasoted with the maw
manta and attrattioos of the building.
Mr. THOMPSON condemned the prawn system of contracts
with the Harmosie Society, sad stated that the accounts
submitted afforded no real information to the sharsholdwe
The Ogsrams replied minim to the observation& In
the first plan he neared the sharelorklme that the board
studied &judicious economyabove all things, and were by
so mama
seweds to rush into as unnecessary expense,
either for • readingooren. or entities Ma unless it
hal a great ',Messy to adroit people to the Palm.
He upland that the paper alluded to was
Pik:srai by some cm manly with a view to
whether ad bow may ci the frequenters of the
readiegnom wished for a room sumptuous apartment pay-
ing p meth higher suteeriptioa. If an application ware
suds to pediment no doubt they would have to pay the
axperwes, sad justly eo,
icing it would be for their
As to the mode of submtting the accounts to the meeting,
ne departure had been made since Mr. Thompson was in
the servile of the ompaay, and that gentlemen very well
knew that the shareholders could see the books, and that
they would find every charge in detail. Moreover, he
trusted that sufficient onfidesos was fell In the board to
trust them to give the results, it being manifest that they
mid not 'midis the rend the details of the code every-
thing the board did to provide amusement and recreation
for the visitors. If, indeed, they were to give those full
details the hon. proprietor seemed to wish for, it was more
thee likely that it would operate injuriously to the cm-
party. (Base, beer.) With regard to the motion that
the accounts should be made up to the end of December, he
thought it was worthy of andderation, and it would be
Anought before the board. (Cheers.)
Elmaninuiffit complained of the laxity of the railway
companies, sod the delay which of ten arose in conveying
Urge bodies of visitors fim the palace.
The OBAISKAM said that the railways not being nadir
their control, they were poweriew in the matter. They
were always making trampling and suggestion for the
purposed affording additional facilities, and ermettmes the
companies met them and sometimes they did not. He
"odd only say that he hoped those complaints would cease
when the additional oraipetitioe indicated in the applica-
tions to parliament far new railways to the palm came into
onration. He had to add that, with referents to Kock.
hills, it was the desire of his collesgues that the manner of
its disposal for the present should be left an open question
for the molderarista of the board, and therefore anything
he bad said is his opening address was sot to preclude the
board from 'Godards( and determining that question here-
after to the best of its discretion.
gt:rt and mounts were then adopted unanimously.
Yon°, who only succeeded after some difficulty
and by the het of the chairman, in obtaining a hearing,
brought forward his motion for closing the Chystal Paine
to shareholders on Sonday
A discussiou arose, ands. an amendment briar put was
carried by an overwhelming majority.
This being the whole of the business, the proceedings
eluded with a von of thanks to the chairman.
-
at`