The Express.
London, England, 1867-09-27 00:00:00

TO TEN IDITOB OP TUB RIPE'S&

Six,—l have the honour to inform you that, in
conformity with a resolution passed on the Ist of August
last,lat a general meeting of shareholders in Peril, the
Suez Maritime Canal Company has opened a subscription
for the issue of 333,33:3 obligations, secured on the pro-
perty and income of the company, including landed pro-
perty, the materiel, and also the revenues derived from
tolls levied on the passage of ships, and those arising from
lands in possession of the company. The Suez Mari-
time Canal Company was formed in the year 18613, with •
capital of two hundred millions of francs, and pending the
construction of the works has already acquired from the
sale of lands situated along the line of the fresh water
canal, indemnities,and investments, • sum amounting to
a hundred millions of franca, which has been applied to
reclaiming lands for building purposes along the maritime
or main canal.

It is Mated that these lands represent a very considerable
prospective value.
The price of issue is 303frs., redeemable in fifty
years at 500frs. The interest, which is 25frs. per obli-
gation (or 5 per cent. at par), commences on the
1M of October next, and is payable half-yearly,
on the let of April and Ist of October, and there are to
be quarterly drawings for redemption at 500frs. on and
after the 15th of September, 1868. The subscriptions are
payable as follows :
25 per cent. on application.
2.5 per cent. on allotment.
75 per cent. between the sth and 15th of November, 1867.
50 par cent. between the let and 10th of January, 1868.
50 per cent. between the Ist and 10th of April, 1868.
(Theucted interest then due, amounting to 1250fr5., being
ded.)
An3doof 75 per cent. between the lst and 10th July, 1868—
rs.
These terms show 8} per cant. without reckoning the
drawings.
Subscriptions will be opened from Thursday, the 26th,
to Monday, the 30th September, 1867, at the offices of the
Suez Maritime Canal Company, 9, Square Clary, Paris,
between the hours of 10 a.m. and 4 p.m. It may be urged
that the time is so limited aa to preclude Englishmen from
practically availing themselves of the subscnption, should
they feel disposed to do so, and I have therefore endea-
voured to induce the company to extend the period beyond
that originally fixed, via., the 30th September. In this I
have not succeeded ; but lest it may be maid that England
has been shut out from this loan, I am authorised to re-
ceive the subscription in London, and shall do so at the
offices of Messrs. Mieville, Payne, and Lawrence, Angel-
court, Throgmorton-street, London, on the days and time
above named.

The deposits will be paid daily into the London and
Westminster Bank, London.
I have the honour to be, sir your obedient servant,
DANIEL A. LANGE,
English Representative of the Suez Maritime
Canal Company.
21, Regent-street, September 25, 1867.

CHANCERY REFORIIB.—OR Tuesday next a very
useful provision in the new Chancery Act will take effect,
and save trouble and delay in the reoeipt of the October
dividends to a large class of persons. Hitherto the prac-
tice has been to require one of the registrars of the Court
of Chancery to countersign the cheques after the ac-
countant-general for the dividends ; but now tbe counter-
signature of the clerk paying the money is to be sufficient,
and the! new mode will facilitate the payment of nume-
rous sums. _ _ _

FEMALE JErßons.—ln the new Criminal Act
jurors objecting to be sworn may make affirmation, and in
the statute the words are "his or her" affirmation. It
has been supposed that the feminine gender was a mis-
take, but it has been purposely used to provide for a " jury
of matrons " allowed in certaui cases.

A WARWICKSHIRE VICAR CONVICTED OF FRAUD.
—At Osweatry, yesterday, before Mr. W. Ormsby Gore,
M.P., Colonel Lovett, and Mr. B. Owen, the Rev. Edward
Muckleston, vicar of Heasley, Warwickshire, appeared in
answer to a summons charging him with defrauding the
Great Western Railway Comp.lny, by riding from Chester
to Hatton Junction, near Birmingham, without a ticket.
Mr. Charles Chandler, of Shrewsbury, conducted the pro.
secution. The facts deposed to went to show that the
fraud charged against the rev. defendant was one of •
series perpetrated in the most ingenious and deliberate
manner. It appears that on the Bth ult. the defendant
purchased • tourist ticket, No. 140, from Leamington to
Rhyl and back, available for one month. In come-
quence of certain information possessed by the railway
authorities, special instructions was given to the ticket-in-
spectors and guards along the line to observe and take notes
of thedefcndant's movements. On August 10th he travelled
from Chester to Shrewsbury, and on examining the tickets
at Reaschurch the guard found that the defendant was
using the ticket he had purchased at Leamington. On
the 4th of the present month the defendant was again
found travelling between Chaster and Shrewsbury, and at
Gobowso, where tickets for the latter town are collected,
Superintendent Brooker received the defendant's ticket,
and saw it was the same ticket, No. 140, an.l also noticed
that the down half, which would frank the defendant to
Ithyl, had not been given up. He asked the defendant
how that was, and he replied that he had not been as far
as Rhyl, and thought it did not matter about giving the
half up. The defendant was then allowed to proceed, and
at Shrewsbury he got out and broke his journey, going on
to Hatton junction, the station for Moseley, on the fol-
lowing Saturday. It was explained that unless
detected an unscrupulous person might use a tourist's
ticket, such as that obtained by the defendant,
for any number of times within the month for
which it was lamed. Thus, on the down journey, the
ticket being for Ithyl, would not be demanded at Cheater,
and if the holder proceeded no further in that direction he
might retain the ticket altogether. As regards the up
j to Leamington, tickets for which town are given
up at Hatton Junction, the defendant would use his tourist
ticket as far as Birmingham, and, taking • ticket for the
abort distance between that town and Hatton Junction,
would arrive at the latter station with the whole of the
tourist tickets in his possession ready for use on future
journeys. It transpired in the course of the investigation
that in March, 1865, the rev, defendant had been de-
tected in the committal of a similar fraud at Shrewsbury,
but bad then been let off on payment of a donation to the
local infirmary. The magistrates animadverted in strong
terms upon the enormity of the offence committed by a
person occupying the position of the defendant, and fined
him 21. and oats.

ANOTHER COLLISION ON THE THAMES AND LOSS
or Li rx.—Another fatal collision took plans on the Thames
yeeterday, within a short distance of the spot where the
melancholy catastrophe occurred between the Metis and
Wentworth. A brigantine, laden with coal from New-
castle, belonging to Mr. Sainty, of Colchester, and com-
manded by Captain Green, was at anchor off Barking
Creek, when the screw steamer Bolivar, on her passage
down the river, laden with stores for the Abyssinian expe-
dition, ran foul of her, carrying away her masts and
otherwise damaging her. The Bolivar's yards caught the
masts of the brigantine, and the captain of the brigantine
and one of the crew leaped overboard to escape the falling
timber. A Guernsey man nattedGrostry, who formed one
of the crew of the brigantine, was on the point of follow-
ing their example, when be was struck by
one of the masts and killed on the spot. The captain
sustained contusions on the head from the falling wreck,
and a young fellow named Sainty, a nephew of the owner,
bad his arm broken. The tide was at what is known as
first quarter ebb. The brigantine and another vessel were
lying abreast, and it is said that the Bolivar intended to
pass between the two, but suddenly changed her course,
and in attempting to pass on the outside of the brigantine
caught her in the manner described, and carried away both
her masts. The body of the deceased was removed to
Plumetead, where it awaits a coroner's inquest. It is
worthy of remark that at the time information was brought
to Plumetead of the disaster Mr. Carttar, the coroner, was
holding an inquiry as to the collision between the Hetis
and the Wentworth. The deceased resided in the neigh-
bourhood of St. Katherine's dock, endless the sole support,
we understand, of a widowed mother and his sisters.
METROPOLITAN MUNICIPAL ASSOCIATION.—The
Secretary of State for the Home Department has arranged
to receive a deputation from the above association late in
October, but the date isnot yet fixed.
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