The Express.
London, England, 1849-07-28 00:00:00

ItAILWAI'S.

YORK, NEWCASTLE, AND BERWICK.
The committee of ievretigation iato the affairs of this now
erlebeatad Sae bused a statement on Thursday, of which we
give the sabseasee.
They esuromeed on the 20th inst., that en advertisement
would be issued during the present week, calling • special
general mesehig of the sempany, width had bees mired
neemeary by the dete miaaMss of Mr. Shield see to serve on
the committee appointed at the wiestisi el libegehoiders
hold on the litth last. lime Oat time, do ese•lNee have
had under their wealoon esmthiereties the mime aimpli-
cited mitten in width the company are interested, with •
view to imbrue all and meters is one advertisement, and
thus enable the shareholders by the resolution of •
special emoting to loafer such powers on the eons:
safes es imey be masidered mummy to enable them
efficiently te miry out the object of their appointment.
The low requiring that ell extraordinary meetings of the
company shesM be gated by the directors, the committee on
the 19th Jest regnemed the secretary to convene • weal
meeting of the board for that purpose. This meeting was
held yesterday, when the whole of the members of the board
attended, to whom the committee explained their wish to have
such westing called ma& early • day as possible. and reed to
them the advertisement they bad prepared. The directors
made no remark, bat merely requested to have an oppor-
tunity of cousidering, fors short time, the terms of the Meer-
thee:lent, the original draft of which was delivered to them,
and they retired for consultation. Tee cinunittee having
waited for several hours without receiving any communica-
tion, at length sent for Mr. Close, the gemetaiy, and re-
quested him to inform the board that the committee were still
waiting. Mr. Close returned in a few minutes with • 'loopy
of a resolution, that the advertisement appeared to the
board of so extensive and important a character that they
did net feel it to be consistent with their duty as directors to
agree to it, without being allowed time for consideration,
and, if necessary, ter obtaining the advice of counsel; and
for that purpose requested the committee to favour them
with a copy of the proposed advertisement. The comma tee
immediately upon the receipt of this resolutim, inquired fa
the directors, in order that they might confer with them ;
but found, to their great surprise, the board hail broken up
before Mr. Close had brou;ht them the resolution ; thereby
frustrating the object of your committee, which was to
secure the insertion of the advertisement in the newspapers
of the present week. The committee deemed an early
meeting highly important, for many ~OM ; but if the di-
rectors are thus permitted to mated the committee, it will
be impossible for the latter to act with the prom?.
tirade necessary to give effect to their proceedier, or to and
the shareholders In placing the affair§ of the compel y under
a system of efficient management at the earliest period.
They, therefore, advise the shareholders to present • requisi-
tion te the directors to mil • special general meeting ter the
purposes set forth in the advertisement, to be held on the
day to which the former meeting stands adjourned, namely,
the 23rd of August next. No time should be lost in the pre.
mutation of such a requisition, in order that the meeting
may be legally advertised ; and your committee, therefore,
Melon a copy, to which (if you approve their course of pro-
ceeding) you will please to sifts your signature, and return
the same, so as to reach this committee not later than
Thursday morning next, on which day they intend to present
the same to the directors. _ .

Before separating the committee of investigation payed
the following strong resolution :
"That the committee feel compelled to record their sur-
prise at the insult which they consider to have been offere-1,
not only to themselves, but also to the shareholders whom
they represent, by the conduct of the Board of Directors this
day, who, with • fall knowledge of the importance which
the oosamittee has meshed to the insertion in the newspa-
pers of this week of the advertisement for an extraordinary
meeting of shareholder, and of the fact that this committee
had caused today's meeting to be convened fir the special
purpose of conference on the subject, have neverthe-
less evaded such conference, alter the terms of the
advertisement had been placed in their hands, and
dissolved their meeting without affording to this com-
mittee the opportunity of even seeing them thereon.
That this committee havicg previously given to
the Matters which form the subject of such advertisement
their most anxious consideration, are at a loss to understand
on what pround the directors should have hesitated to call
such meeting, and therefore determine immediately to
appeal to the shareholders for their support in the COUTO^
they are pursuing, and which they deem to be absolutely
easentiol to the future welfare of the company. That a reque
Melon be presented to the directors, calling upon them to
convene au extraordinary general meeting of the company,
in the terns of the said advertisement, to be held on the
23rd day of August next, and that the shareholders be re-
quested to dB: their signatures to each requisition, and to
transmit the same so as to be received by this eammittee not
later than Thu:slay morning next (August 2nd), for which
day the secretary is requested to summon • board meeting
to enable this committee to present such requisition."

°Fannin or NORTH WESTIIOI.—LIEDS, JULY 27.—The
partial opening of this line, namely the 25 miles between
Bkipton and Ingleton, took plans yesterday, and the event
was celebrated by a special trip and a dinner. The whole
length of the line, free. Bkipton to Lancaster and Ingleton,
is 40 miles, loathe branch from Clapham to Lancaster is not
yet completed. The average cost of the whole line per mile
will be 16,0001. It traverses the velkys of the Ain, the
Ribble, the Winning, and the Lune, and has stations a
Oargrave, Bell-Busk, lielilleld, Long Preston, Semis, Clap-
ham, sad Ingleton. The route it opens up shortens the die-
taus between the West Riding of Yorkshire and Glasgow,
and the north of Scotland, by 20 miles, and it is i Mended,
when fully carried out, to extend from logician to near Car-
lisle, where it will join the Lancaster and Carlisle Railway.

TRAFFIC RETURN FOR THE PAST WEEK.

N2=ooll(l4Way.

1848.

Kostipta.

1848.