The Express.
London, England, 1865-02-14 00:00:00

31.1011011 AT TRUIIO.-(THIS DAY.)

(VT MOW MaIMMO
TRURO, Toast.
The state of the poll at 1 o'clock p.m. :
OarWs Mita fLawel) .. ..
Itz. WU= (Oeseenative)

.. 173
.. .. 133

LONDON AND BLAOKWALL !MIDWAY.
(17118 DAY.)

The half-yearly meeting of the directors was held
rise, at the Larks Tams ; Mr. J. N. autism Is the
.
TIM INlfitt and
use as yid& bad appeared is the
Lei
beta taboo as reed.
'ClAlawArt moved thisitiSll; said he trusted
the report would meet eshititieg is ISM
dew bet sired, proem; the sempetithe
to width the esespasy bed bees There was es
MINIM i 0 sense that swim elbow eireesselsorse there
INS to be siosh hales se, asdi where a dkalastios
seemed It would, he hoped, bade op hems sew spores.
The expeditors bed been kept down I. the lowest ono.
*able pcdat. As regarded the Lambs Doak 1414012, be
was happy to say thee It was sow Is waskiag order, end
that She result seemed likely to be estidastory.i
Mr. E. Xsziaorrix, deputy Ashman. seesadsd the
_ . . .

J/GQIIM wished to make some remarks nn the Ill;
question whether it sot she amnpany should part with As
Pllls ISIRMIS•11 shored that that question was to be jeL
loosed Wore • speotal meeting. (Hear, bear.) •
Mr. Jimmies prooseded I. say that he regretted that the ii
rowlew et poi irate Ia the upset ma sot include the year n
1111114 the dividend was as the refs of 41 per met.
Nis
hem passel
ha asides Ude 144.11000 was to prevent then E
ag with Oak property ea inadequate terms. a,
tau 1855 up to the protest thee the expenditure a.
le4mathmed to inerems, and in the UM year it wee M.
11.9 M(. mere thee in 1859. Tide emeteet lisermos of ex. N.
wee is. mama why they had sot mewed •
dLtiWstd essiiirateat evils bad best redressed, as.
aa had sot. They knew that property had risen
wry mask value, sad II the illschwell Rallway had IL
to be mode sow, It would ooet3 hen ea imuch again. He a.
believed that If they held es to *dr property sad its Ilk_
silks were sesdasied Is • maw, they would fled ..,•••
ma Musson imams of Inge. The board were not romw4 r
assn with nerd to the proposed hose, and the proposal m.
wee serried sal/ by we vole.
The en•mmax sole interposed at the point et order.
Mr. Jamas mil the =Mar being Moluded is the
report he thought he had • right to emuseet as It. (Hear )
Is deferents to the winkle of the meeting, Its. Jeggins
&ea eat down.
The Cluramaw, reply, said the polio, of the board 4se.o
was chapped is 1854 berms, the board were compelled
' ' ' to - 'mod in han4

to oltrassli They were °bard . go of
_
Yr Taleasy Conway, ft. Ur «upon of Nadas their ..1°
wet* trans. As had bee Were explained it we ha- ej.,
posibis fee hosts to stand spinet reamers. As to the ex- ea.
webews, he °basins& that it had been reduced trots 43 par is
Wet. to 33 per Nat os the annual of capita. (Hear.) N
Sae could sot be • perm mistake this to waxes that
the lies would oast saw mow than bad whet it was made r.
(pates of "Oh, oh." ) Is dose oases the weariony ITL"
paid thirty er forty theamed weeds for nothing. or at gs.
least nerdy to deviate • Mao boot their route. They N.
should all look at fasts tat es they boded them to be bat N.
as
Tthey
its nweeny lore adopted. sad a divides& at the IL
Is rate el 41. b. 6d. &dared, the stestiag we made speteo
owaelierpospands from the OWN Rasters Railway Com- I
way for eking • lose of the zeibray.*
The CRANtese seed that Melee be lamed to **Great le
Lases Railway Company for 999 years at 4! per root. per I!
wawa. It was tree that there was a difference of opinion fte
t
la the beard, but the question for the meths re.
es detarades wee simply whether it was desirable IL
er set to ease the Use (Haar, best.) That ouestios tl
bad is fed boos below the Niarehelars on provisos war le
slow, sad Nabs that the line was sock • Nora ow, sad 81.
tart it was as depledent as others. he considered it
well worthy et camiderutios. Far • kips time other It
companies told that in effect that they were sot is
walk purchwieg, but the patios of the Hue had gradually ft
improved, and sow that various compares were obtain- le
lug sow termini, would it not be well for them to ally EL
theologies. with Niter companies Aseurning that at .
the sed of Ave yams they wool& maks alone an addi.
teed 10e. per eat, they would sot be is io good a
pontos an with • guaranteed 44 per can! The abases it
weir mew at 84, sad he believed thee if this prowed now
marls were earned out, they would, nadir ordinary draw.
atones, be at N. The Great Festers Compaq was the "re
oily as that was at all likely to make such al
as oast ; sad if they wad ally thesissiar
with that cargos, as fair sod proper terms, they would, be let
thought, act wisely Ls daft so, onsidering what powerful
interests were opposed to *am, (Hoar, heir.) As marbpd yg
the tonna, 41 per teat was all that mold poriiMLbs se.
obtained. Morewer, with a lases ate directors weldbare
'ow/datable costar ever the fatur, sad be enabled to pro- tee
toot the istansta of the deareholdes. (Hear, hear.)
Ma. Joao VioNaass (a director) add if the shareholders
soaped this der they would do the greatest wrong to
themselves, (No, so.) Mr. Bidder and Mv. lite had ar. jos
reseed this matter between them. (No, no.) He was seat so
by the board to watch the interest of the company, and he IN
bed watched it. He was satisfied that if the railway IN
' was properly worked it would la three years produce 1817
H or 6 per east. (laughter.) The line was not going T.
leek, but improves. If it bad not been for the opposition
as the board would the abanoolders have had a tabulated gee
datessent of the past traffic! te
The Caineas—Certaioly.
VIIIABLIS eoutineed—ln 1854 the shareholder. had
42,0001. to divide ;in 1867 the amount fell to 34,000(. That N
• owing pertly to the giving up of the boat Mae. Since et
la Mead the booed the local traffic bad incrumed 7,0001. • egg
year. lo 1858 they ware oarryes 3,000,000 presagers ; tet
they were now tak* toll from 7,000,000 passage'sNe
a _Jew and yet the chairman wanted them to NO
▪ tlisir property. Ober, hear.) The askew' bad N
told tiers what would be the vales of the p with IL
ge Dee cent. guanateed. What would it be, he would ask, eg,
with a 6 per oast dividend! (Heer, how) The as N.
«pews of this offer would be • *Nadal act, for
there was no name why the Blackwell shares should
sot woo be worth as moth as those of tb• North
Loedon Company, "cooly, 1251. pee ont. He concluded ak.
by moving the folio antsodisest :—"Tat with the int. ge.
proved and; improving there can be no doubt that It,
the divided of the Seawall Railway will cootintie to in. te
erases ; also that, looking at the favourable portion of the
torments. it canoot fail to command • higher ores than 4! "
per cost per annum ; and this meeting is of opera that it
r sot desirable to scoops the proposition made by the Great
Eastern Railway Company."
The ansoodment hares been seconded, 211.4
Mr. 1110301 (burr (adirector) thought Nail& Venable.41
ought to have gives the meeting the ground of kits adverse Iv
opium. (Haar. hear.) The proprietors could not follow 15,4
that (edema's ipte dizit : it most have facia before it NW(
rejected a guarantee of 4i per amt. Am regarded suicide, 40,
he must say that the °enemy would he runty of it if they 1/6.4
12.1
refused the offer under celebration. (Hear, hoer.) 7,1
Mr. J. Bsoomoau. considered the offer of 4i per cent. It
1 • very good one, and regretted that Hr. Towhee had op- Kt
posed it.
A 811AREHOLDIR thought
b the meeting was indebted at .1
I the minority of the for raising the drowse's. He N
weld himself have palmed • guarantee of 4or 46 per it
I toot with an equal division of all surplus prole. gg.4
(" No, no.") 40.1
Mr. C. Wismar! ow of the dissentient director! 15,1
thought the proposal to 10000 the line was premature. He NJ
had advocated the principle of a sliding wale—that is, as re,
earesaing rats of interim!, sod still thought lest would be 10,1
the best basis. He then entered «to statistic*, in order to elm
show that the trade of the lies was likely to increase cos- NA
aidirably, aed in eoechudou expressed heypinion that the
shareholders would rue the day that adopted sack •• NM
te,c
proposoL
Yr. NU= contended that more time ought to have bean 4(
gives for earideratioe, and reminded the ineetiog that the Li
proposal might be rejected at the Wharocliffe =ether- 10,1
The Ceantexe Irvin replied, 00.4
The ameedreeet wee pat ;44 heeds were bald up in let
favour of it, but it was negatived by • large majority.
40,1
Tits origisol rossieries was the. adopted amid loud Wars, 10.4
and the mesas( terminated is the usual manner. 10,1

LONDON BANK OF MEXICO AND SOUTH
AMERICA (LIMITED.}-(THIS DAY.)

This afternoon the first ordinary general meeting
of the shareholders of this Bank was held at the London
Tavern ; Nr. PATNRISON in the chair.
The meeting was called in accordance with the articles
of association, bat the accounts not having rebelled Eoglood
from some of the branches, the CHAIRMAN moved the
adjournment of the meeting, and stated that though
the accounts up to December bad not yet reacked, they
were in possession of those to the end of November from ell
branches, sod he could state that the slain of the beak is
Mexico, the United States at Oolumbia, sad at
other places in which branches had bees estab-
lished, were so fionrishing, that the directors
were able to state that a Metaled of 10 per emit. might be
declared on the operations of eight months. (Mora) The
articles of association were then altered at a special meet-
ing, incrembag the qualification of the directors to 60
shares sad empowering the media(' to be held in April
lo"0"1of FOrsol. the Chairman stating that if the ac-
counts were received is time the:nesting would Woe pleat
in March.

Asrmwam..—The West India and Pacific Steam
Company's stammer Bt. Thomas arrived at Aspinwall as the
Bth tartest, lowly' tees obliged to put into Bt. Thomas for
repairs. The Bwbediais, al the wee lino, arrived oa the 7th,
bedsit bees Mel bees Outhepme as a spare steamer.
The Oristebal Colas is also le Aspinwall load's& sod dm
Bolivar is howdy vs:mooted. This sakes four large steamers
of this mammy that will sail from Aspinwall for Liver-
pool with' the welt few de" sad lbsy will be able to
take away ever, posed of freight that is reedy for them.
Paeans Mar. Jen. 21.