The Express.
London, England, 1853-03-31 00:00:00

CANADA COMPANY.

A general court of the proprietors of this company
was held yesterday at their offices, St. llelen'splace, Bi-
ebopegate-etreet, Charles Flanks, Esq., the governor, pre-
siding. The following gentlemen, who retired by rotation,
were re-elected to their respective offices—Mr. Flanks,
governor Sir J. Easthope, and MessfS. Fresbfield, M.P.,
and Wilson, directors; and Mr. Gillespie, auditor.
The directors' report, which was then read by the chair-
man, stated that during the year 1852 there had beers
24,681 acres of the company's lands sold, vie., 10,502 acres
of the crown reserves at an avenge price of 13s. 9d., and
14,184 acres of the Ural tracts at an ge of 14s. 7d. per
acre, producing together 17,5911. currency, and in-
cluding certain town and park allotments, 19,1441.
currency ; 10,194 acres of the crown reserves, and
46,447 acres of the Ural tracts had been disposed of by
lease during the year, the former at a gross rental of 6001.,
and the latter of 2,0681. One hundred and eighty-four
town and park lots had also bt en leay.id ate rental of 321.,
making the total rental added to the company's income
2,9091. The total receipts on account of the property in
Canada during the year had been 56,7501, and the test of
management in Linden, including the income tax, 3,15071.,
and in Canada, including the assessment-tax, 9,8091. ; toge-
ther 13,6161. The directors 000rratuleted the proprietors
upon the increased value their lands Lad attained, and
advert,d to the benefits that had been conferred on settlers
by the operations of the company. Subsequently the
chairman read a comparative statement of the sales, lessee,
and receipts from the Ist of January to the 11th of
March in this and the last year, showing that
while the laud sales during that period of 1852 were 4,769
sores, they bad risen this jeer to 16,627 acres, and including
lea's. the total laud disposed of to the 11th March this year
was 20,693 acres, against 14,593 acres to the same date of
last year; that the receipts to that date in 18.52 were
14,9161. 16e. 1,1., and in 1853 to 27,8101. Its. 2d.; sad that
the leased lands redeemed and converted into freeholds to
that date in 1852 were 4,065 acres, the sum received for
which was 2,7201. lls. Bil., and in 1113, 1,611 acres, the
amount received thereon being 12,0531. ss.
Mr. Wm stern complained that sufileint mean were not
taken by the director, to make public the operations of the
company as explained in the directors' reports. They were
sellers of land, and their object was to let the public here
and in Canada know that they had land to sell. The
accounts he thought were very satisfactory. Their *me*
it al peered, hid increased, and their expenditure had 111,
miuished. ((fear, hear.) lie was glad to perceive that
the debentures bad been reduced from 111,000 W,
109,700.
A PROPRIETOR did not agree with the last Speaker as
to the advisability of forcing further 41101 of land. Out of
2,000,000 acres they bad now only 600,000 left, and he
thought the better policy would be nut to sell, hut to ex-
tend the system cf leasing.
After a brief discussion the report was adopted, and,
On the moan of Mr. Otnnvirte, a resolution was passed
empowering the directors so take tech means of giving pub-
licit to the document as they might think fie
The CUAIRMAN next proposed that a retiring allowance
of 1)1. • year should be made to Mr. T. Mercer Jones,
the company's 11,1121iiii411f r in Canada, from the time when
his seamy taf 7001. a year) should cease. Mr. Jones bad
tine 24 years la doe company's service, and wee now about
to retire, at the human of the board, who, while &Alum-
lodging the great services he had rendered them, thought
it adirunble to make whir arrangements.
Mr. Wont tea thought 209,. a p.ar a auffici. nt retiring
tilloarlosee. amt moved an amendment to that effect ; but it
obtained no ereorel. r. The orig:nei resolution was there-
fore carried, wheel terminated the business.

BZLIAST AND Cot:lr2T vows RALt.w6ll.—The
traffic OD the above railway W&.l, for the week curling
much 'a. 1663 :—Taaienttere, 1;01. 11•. ; sabeeriptiooa,
121. Id. Od. ; goods and parcel., 611 2.. Ild. Total.
2141.16.1.1 d. For the week ending 31areb 28.1862 :—Parms.
pm 1491. Is. lid.; sobleriptionr, 122, 2.. 114.; peds
Clad pug* O. lee. id. Total, IHI. 4a. X