The Express.
London, England, 1867-02-01 00:00:00

COMMERCIAL INTELLIGENCE.

Gold, 134. Sterling exchange on London, 1081.
Illinois, 113. Erie, 553. 5-20 United States
Bonds, 1072. Cotton : middling upland, 34i.

EGYPTIAN COMMERPIAL AND TRADING
COMPANY (LI MITED).-( THIS DAY.,

An extraordinary general meeting was held thin
afternoon at the London Tavern, Mr. LARKiIu: in
the chair, for the purpose of considering • resolu-
tion embodying • ;Kleine for reducing the number
of shares to the capital of the company as originally
issued, by extinguishing the 13,813 shares of the addi-
tional capital created in 1864, in accordance with the
resolution proposed at the general meeting on the 31st
December last. The circular to the shareholders con-
tained the following :
" I am instructed to ask, whether you are preparedto sell
at the price of U. 10s. to the company, any, and, if so,
what number of shares registered in your name, with •
view to the extinguishment of a like number of the
13,813 shares of the additional capital created in
1864, the terms 'of proposed purchase being as under :-
21. cash on 31st January, 1867; U. cash on 30th April,
1867 ; and the remaining 2/. 10s. on .10th June, 1867.
Should the number of shares tendered for sale exceed the
number proposed to be extinguished, a rateable reduction
will be made. In the event of no answer being received
from you, on or before the 16th instant, it will be assumed
that you do not avail yourself of the option."
Mr. DRAKE (the company's solicitor) stated that in
response to the circular, applications had been
received to the extent of about 20,000 shares, and
it was proposed that the apportionment should be made
rateably. He then read a series of resolutions for carrying
out the object.
The CHAI REAR having proposed these resolutions,
A SHAREHOLDER inquired how many of the shires be-
longed to the director., to which,
The CHAIRMILN replied 0,000. adding that the object of
the directors in applying was to benefit the company.
Mr. Tom and other directors expressed their willingness
to withdraw their applications.
After a rather warm discussion, the resolutions were
negatived on a show of hands by 33 to 16.
The CHAIRMAN stated that having recently returned
from Egypt, where he had closely examined
the company's affairs, be was of opinion that the loss sus-
tained was rather less than 21. per share.

SCOTTISH AUSTRALIAN INVESTMENT

COMPANY (LIMITED).

MEETING.-(THIS DAY.)

The half-yearly meeting of this company was
held this afternoon atj the London Tavern ; Sir S.
PEAR.4OI4 in the chair.

The report having been taken as read,
The CHAIRMAN moved its adoption, congratulating the
shareholders upon their escape from harm during the
recent commercial crisis, and the quiet and steady progress
that bail been made during the year. As no sales of
property had taken place, the colonial profit had been
pure business profit, derivable from rents, interest,
and commission. The value of the company's securities
was more than double the amount lent upon them. The
pastoral property was developing in a very satisfactory
manner, and the company at the present time possessed
Is,ooo head of cattle, and 40,000 sheep. The colony gene-
rally was in a most prosperous state, and the wool trade
rapidly improving.
After several questions on matters of detail had been
asked and answered, the report was unanimously adopted,
and the recommended dividend of 10 per cent., leaving
8,0171. to the credit of the reserve fund, was agreed to.
On the proposition to re-elect Sir E. Pearson as director,
Mr. Ward said he thought Sir Edwin was note fit person to
sit at the board, because he refused, at the general wish of a
meeting of the shareholders of the Scottish Australian
Mining Company, to resign his seat at that board.
Sir E. PEARSON said the shareholders who attended the
meeting did not represent the entire body, and they had
acted from the first under a complete mistake.
A Braseron said Sir E. Pearson had resigned his seat
at the board of the other company.
Mr. Wean then withdrew his opposition and all impu-
tations, and Sir E. Pearson was unanimously elected. Mr.
Whetham was also re-elected director, and Mr. E. Becher,
auditor.

A vote of thanks to the chairman and directors was given
at the close of the meeting.

Mr. N. 0. Coope, of the firm of Inde, Coupe, and
CO. Brewers, Burton-on• Trent, has (mays the Nottingham
Journal) contributed the munificent donation of 1,0001.
towards the intended new school for the middle classes to
be built at Denton, near Uttoxeter.

THE NORTH-EARTEEN, &C., RAILWAY DIVIDENA.
—We learn by telegram from Newcastle-on-Tyne this
morning that the North-Eastern and Berwick Railway
dividends are to 1,466 per cent. per annum, the York 51
per cent, the Leeds 31, the Carlisle 7i, and the Darling-
ton Si.
JI:DICIAL COMMITTEE OP THE PRIVY COUNCIL.—
(THIS DATJ—Thie morning the Lords of the Judicial
Committee of Privy Council assembled for the first
time during the present year, at the Council Chamber,
Whitehall, and gave judgment in some Indian suits of
long standing. Aftffwar& they proceeded to hear patent
cases. Their lordship■ announced that on Wednesday
next, the Gth inst., they will proceed to give judgment in
the case of the Rev. Andrew Murray and others v. the
Rev. T. F. Burgess, a cause involving 'question of church
discipline and the Dutch Reformed Church in South Africa,
which came before their lordships as an appeal from the
supreme court of the Cape of(food Hope, setting aside •
decision of the synod of the Dutch Reformed Church, sus-
pending the Rev. Mr. Burgess from his office as a clergy.
man. The present list of causes before their lordships is
considered a heavy one, there being one appeal from
Canada, 10 from Bengal, :1 from the High Court of Ad-
miralty, some from the Vice-Admiralty Court of St.
Helena, besides the outstanding judgments and motions.

LAW INTELLIGENCE.
(THIS DAY.)

COURT OF QUEEN'S BENCH.

After Term Nisi Prins Sittings at Westminster.—(Before
Mr. Justice Shea sad Special Juries.)
This wan the first of the after term nisi priva sittings.
The cause list is exceedingly heavy, containing no leas than
211 entries, and of these the large number of 11l are
retnanets. About 100 of the causes are marked for special
juries.
Mr. Justice Shee, on taking bis seat this morning,
announced that there would be no banco sittings to-
morrow (Saturday), as intende(L

THE. QI EE2I T. THE PARISH OF HOR.VSET.
Only nine special jurymen answered to their names in
this case, and as the Attorney•Generars warrant was not
attached to the record, it being a prosecution, neither party
could pray a tales, and the case had to go off and take its
place at the bottom of the list. The learned judge
had the list called over for the purpose of
fining the absentees, when it was found that
eight had left their residence, two were sick,
and one had died. Acting on the report of the
summoning officer, he could not impose a fine. The
system appeared to be radically wrong, and it was high
tame something should be done to remedy it.

BAKER V. STEAD. -
In this ease, which was an action of slander brought
by the plaintiff, Captain Baker, the learned counsel in the
case, after conferring together for about three-quarters of
an hour, said the parties had agreed to terms, the de-
fendant having withdrawn the charge of justification. The
particular did not traispire.