The Express.
London, England, 1849-08-31 00:00:00

Mr. DUNCAN 'head ail= le the reesptioa of
bin e
le mistred ; " =en" was tee imp a neeription to be
admit= lets oaf vesumhip. (Hear, hear.) Wen all the
sails pail up salmis" shares
After ensidenbie sinveresibm, is the course of which the
Chains= said be vallsesteed shat debeateres had bees
gives in ens eels So a ossitionar misinsumey on mesa= ,
et the salts, to whisk MI adman ma 'aka by Me. Dew
oth,tbil parsed 0 alb by the Ode Velem Cesgseisy
I. "WIWI. 'WA 60 awn es. aibuni rai=aiwt
relnimisi ~._ "". in te ease of ea ordinary
that l'• I"74easa et the ides et the Great Weston inf.
In Musagrady, wend, it wasWaal IV It: smeary,
G had Is de seenthht essalbsed as hooks, that the
Gnat Waste's edit had been pat; up la tessey.
The CHAIRMAN Sued lie pall Ibr that reasieg, to close
at 6 o'clock. hat was emend as Wag =lair to luny
absent pre this eaft is the awe d a very lcap mad de-
wberry seamiedisse Moog whisk diastase sad prepristen
men all is Ileglasr, sword semmniens wen made for
a resiorimim essil de sealrmaa heft =led that his (sh-
iest= ins i *Me te the warding then the prea the inciple of the
neddira, sad that *5" was se objedisa part of
the antes' to essualt sad advise with any amber
'et the 'Meshed= who slight be =seen fer the
=pent pireiled it was not understood to be
a wirraillas et =anginas, the following amended
remind= was, after =ay envious attempts to frame one
to meet the objectless of all parties, adopted in lies of the
on which bad been carried :
" That the five toliowiag _ peaftemen—=. Mr.
leNnahtes, Mr. C. Morrison, dr. Mortimer Mr:Stead,
and Kr. Baker—be requested to ant sad confer with the
directors on the 'abject of the parades of the Great
Wsstern Company, and any other matters of interest to the
proprietors, and to maks such ingalries thereon as they
m way
deem advisable, sad report to the proprieties the reran
adjearnment of this meetiag.'
lir. SPENCER inquired if any security had been taken
of the late secretary, who had absconded.
The CHAIRMAN believed no securities had been taken •
sad, in answer to other questions, he added that that part;
had hem appointed by the provisional committee at the
eaussieseement. The reason
as why he bad 6,
un 0301. off the
=y's money in hand
w, Mat shog had been
to him to that amount (all of Wash were crossed)
to pay oast= liabilities of the company, width shams ke
had embed at kis own beakers, aad eauespeined the
to kis awn use. It was also Mead that dolma
rargess paid to bin for all' which he bad are aesesaseil

lac
La attempt was made to peas the repeat, bet this we• re.
skied. and at length it was agreed that it sbeeld be received,
sad eirealidad. bat that Its adepdsa *sold be do-
= the Miami eareNc4 midst was Iliad hat the fint
Wady in October. Ms csiaa kr hellitig the shares
ea width the Gallor.
MA awl boa pill woe the
disk lb. Daum okjoetbe previous teefteo for-
Mtfame ea the valet thea. ea a otandos. 1,260
sham bad bees dadailmar while the somata demi that
1,068 cal, were a position to be Ito. • ease el *mks
was than resod W the chairman, which limiest beta
acknowledged.** meeting was adjourned uatil the first
Monday is Weber, at two o'clock.

DIRECT LONDON AND PORTSMOUTH.
Yesterday the seventh ordinary meeting of this company
was called at the London Tavern, but at the time appointed
only a few shareholders attended.
Mr. W. A. WILKINSON took the chair, and said that
30 shareholders were n quints to constitute the sleeting. bat
as that number was not there, he should advise them to hear
then port reed, otter which be Gould snake a few observa-
tions, but an renehniese ersabi be passed without the meet-
ing being amthhied, which might probably be the ems if
they naked en hear leseer_
A PROPRIZTOR amps it was uncles, to go into Mal-
nem till the mean imantituted, as it would all be

The CHAIRMAN thought so harm meld be done by the
report being reed, which was done, and wee as follows :
"The proprieties will have learnt with rams that the
censtructioa of the line between Epsom and Lathehesd,
which is dared by the inhabitants of Latherhead and itsl
vicinity, by the Mermen, sad by every member of the
company, with the single exception, as the directors believe,
of Mr. Cohen, bas been for the present stopped by the in-
junetiou of the Metier of the Rolls. The directors have been
usable to brieg their media for a reveled a Mt order to a
baring, by ream of the lamented Mae it the Lard Chan-
cellor. TM appeal, therefore, nesemerily steads over
until November. Not content willi the obstruction
thus thrown in the way of the company, Mr.
Cohen atemasalv premed a petition under the Joint
Stock Companies Wiading.up Acts for the dissolution of the
company, Ike baring of which, however, stands ever wail
November ; but as by an act passed at the ad of the last
session, ineorpaated railway empanies are expressly de-
clared not to be whin the melds= albs Winding-up Acts,
this petition may be sonei m digmesd of, and must eon-
eequently be diseased. I. addition a airs azati=
*reed loss Mr. David Selsenal} the Mime a the
Guildford, and Beira Mew Oenspery, eel the sea;
connexion, se Eidif•1101111 me leihriad, of Mr. Oshee,
has recently a bill ce the Ilea tithe Cart of Chan-
cery aped gosepasy, esideiMj with the Lewin,
Brightoo, end lima Oast lialkwq od•pastearim .0
far as this esespany is semessi, that the agreement
entered into with the Brightem Company with ree to
the Epsom sad Leetbseitead line may be declared Hegel.
However alberreedas them proceedings may temporarily
preve, year dingoes helium that beyond delay and legal ex-
penditure, they will net suit the course which would ether-
wise have beta MOW, bemuse your directors, ballets:ayes
ad wised Midis sempalay email *either abandon their
nor wind up its amens, nee redoes their capital eel limi
within the Mired limits, without express periimentery
sanction, had shady aapeese the acessity of eme fee.
their application to the legislature ; indeed, in this view a
the case, it would appear to the directors, that the course
pursued by Mom. Cohen and Salomon' would rather
prove beneficial Chia otherwise to the company, in-
asmuch it it afford' a convincing proof that some legisla-
tive interfeream is expedient, either to relieve the company
entirely from its obligations, or to sable it to tarry out such
i portion of the undertaking it mar be found desirable, with-
out further delay from captions objections. Under the very
peculiar circumstances in which the company is placed, it is
sot advisable to enter upon these questions at length, but 1
the directors feel confident that with the support of the pro 1
prietors, they will be enabled to defeat the object of their
opponents, so that ultimately some portion of the great la-
boor which has been bestowed, and expense incurred, in the'
prosecution of this undertaking will be pro (onto rendered'
available to the convenience of the public and to the profit 1
of the Portsmouth propridon. The financial position of
the company is not materially altered since the last
half-Teeny account was submitted to the proprietors.
It will be men that the balance in hand is 26,4011. 17s. 4d.,
to this should be added the calls due, and the value of cer-
tain surplus lands purchased, and which, wader any circum-
stances, will have to be resold ; these, together, may be
reckoned at about 20,0001., which, added to the farmer sum,
would amount, in round numbers, my to 47,0001, which
was the fund proposed to be expended in the oonsanction of
the line between Epsom and Leatherhead. The proprietors
will, however, bear is mind that the funds at the sommand
of the company will be materially affected by tha arrange-
ment with reference to the line between Epsom and Leather-
head, because upon that question will depend, I. a great
measure, the value of the outstanding calls; and the proprie-
tors will also remember that the mosey in hand is subject to
claims under contracts entered into for the purchase of lands,
which it is believed will aboard the greater portion. The
board have to report, with regret, the resignation of John
Nix, Req. They have not thought it necessary to fill up the
vacancy in the direction at resent."
By the statement of receipts and disbursements to the
30th June, 1849. it appeared that the receipts were :-First
deposit on 28.797 shares, at 11. per share, 28,7971. • second
ditto on 28,889 shares, at 11. 10s. per share, 43,0331. 10s. ;
first call on 28,695 shares, at 11. 65. per share, 36,7431
26,1721, 15e. ;1
second ditto on 17,448 stares, at 11. 10.. per share, .;
interest, 4,3211. lis. Id. ; transfer fees, 211. 71. Bd.; rent,
4371. 13e.: total, 138,6281. 13e. 7d. • and the disbursements,
fur parliamentary exams, 48,47'61. Oa. 641. ; engineering
and surveying, 15,731 L Oa. ad. ; law charges, 1,4051. 11s. 9d.;
laud (with 'ow chargehlke„,reladeg thereto), 34,7221.95. 101.;
compensationdittes,7Xl. 18s. 2d.; advertieft, 4801. Is. 24.;
printing and statism', 4061. 17s. 3d. ; Mitigate' arms,
1311. 18s. 10d. ; gam charts, 2911. 18a. 3d. • salaries,
2,0193. 2s. IL ; diresties. ; auditor, 214 ; total,
11 The 19AL les. 3d.: leak( abeam* la lemd of 28,4011. 17s. 4d.
CHAIRMAN Ma aimed apes a long statement
agaiaet Mr. Alamein edema sad Mr. Cohen, for the
onesillea they Imilmeihresti Muds the Direct Loud's'
asa Patemeath mime, freiritilhish lie edgmatised the'
conduits, Moe rams= es tad we ea neither
aset rase may met et law sesseisa. Their els-
eaLtreee =steseellasten to Ledbetter tha ,
iiiimtldt:
at
Compawn is whisk time goademen wen lltri
imaged; bat SO mitt net le le dm fees, hit I$ after
way esasersed the WOW and tie lisaltHeMen Com-
pales, tibia eight te be left to MS* the aka between
them thee. He medeled his observatioesby a meommen-
daden to ge ea with this project, as ell the shareholders,
tamps Marva leinessa sad Cohen, were in favour of its
being
TwoesoVlitaving arrived, and the meeting not bees
constituted by that time, the shareholders went away with-
out peeing any resolution in respect to the report above
mentioned. -