The Express.
London, England, 1858-06-11 00:00:00

THE CORPORATION ILETINCPA.

The court proceeded to the farther
report &limed on the 6th alt., rotative to the revenues of
the gmfge.4l^r., op 4 Ole soffeetteme thereto, sootbereel 1

of the

—fir. FRY, the chairman of the spacial revenue commit
it said wee high time that some scheme for
°Mushily liquidating the liabilities of the corporation Laid
be devised. At present the corporation had liabilities on
heeds for Hollows/ Prison emanating to 92,7001. ' • for the
Metropolitan Cattle Market, 388,0801.; bindss raised on the
foerpenny coal dues, 360,0001. • Permanent Street Improve-
ment Bonds, as they were called, 640,0001. ; and bonds raised
for the New Cannon-street end Clerkenwell Improve-
ments, 386,8094 • the total being 1,7313,6001.—(hear,
bear)—which if ;hey deluded the balms now is the
hands of the chamberlain as a part of the 360,0001.
mimed on the fourpenny coal dam of 230,8001., left dna
cm bands for which the City seal wee liable an amount of
1,606,0001. If, as he we. told would be the case, the Cannon-
street and Clerkenwell improvements would meet the liability
imeerreoll on their account of 365,0001., that sum mast be
deducted, end the bond liabilities of the corporation would
be about 1,200,000:. The common interest paid by the cor-
rm the money borrowed amounted to no lees than
641. Oat of their =mil lure of nearly
000 L, thin was an smouncedofinN Z.stich might be
idled fixed aspsndfture, which they could neither get rid of
foe reatarienv lessen. Thatn:ture woe for colleotkn
of their reventtem,• police, as, drawback on coal
duties, schools, taxes, and charges. (Hear, bear.)
Their ordinary expenditure in 1867 was 213,1721.,
sad their ordinary revenues 229,1431. The first re-
commendation of the committee referred to the Phis-
bury Estate, which yielded a revenue of 40,3001.,
wVch the corporation would shortly lose by the falling in of
the lamas. To provide for this, en accumulation fond had
been established, end now amounted to 140,0001., yielding
very little more than 3 per amt. The committee mom.
mended that this money should be invested In freehold pro-
perty in the outskirts of the mnopon, mad that the corpora-
Yea-should apply for the necessary Hoene from the crown
for so Investing it. He now moved that the first- mom-
sindation should be agreed to.
After some diectiasion the moths was agreed to, as won
the following
That the balance in the Wide of the Chamber sin,
mooning to 39,8921. ga. 25., should be applied to the
e■~el a sinking fain ip reducing the limiftins of the
11=1111..melnis aniest 110, in=raii2.37l. 10s. Bd.
ruillm=displissend the !laws Cs*" mad applied to
That IMMO nosey of say antes banafter meld
by the cerniniem shieldbe invested in a fen to be celled
the " City Aeinssidation Fund," for the purnhass of hes-
hold estates.

—fist the lass sareassnd of Lases. raswillas so she see.
rage of 14 years to 3,8001. pie •11111111•01111411 lbs sashed./

The; span the °Mon of ._...Hirer nod enema Mir
bares meat, the =Ley redlminlb &MN shield
be WA per =sun ter see •11 hat oaf
INlSimmels; rad that the boom oftha mks moihol
Ma Alas should be mg o.b w iterehsl eels.
Wind, 11111 ea smog ohm el ffo6 ; end thee the
efts stir Lai lioroto tioraor dwell b abolished.
reeChlerwalathwhis,sh, es vow dais' by 111 r. Pry moon the
as masa rein of 1,1161. weal/ In
alloolaL
That Ihs Malt dwY sot newts& Ise so proem say
=llr epeeS of soaay.orow !awl
oalsolllaaa blot abadd toodos lia mmo
oito
tbo pp it ask drew as an mason sad rotygto
for do abaoral amagooarat of atasiolpol

CHISWICK Gcsnam—Although then were not
at =say pewee poem yesterday at the Isms and trait
show thaw favourite gardens as ca the ow beton, theta
ores a very strong muster of amateur hertleoltarista aid
seekers of the perfection to which this met has ettelmed.
MILANCHOLY ACCIDIST ...OK Wednesday siren-
imr, es Mr. flimerlastd, of Denary Orme, searßrie-
tat, ose of the isigiatrates of loornies, estfeli is the
*Mies of Bebabserr, wee reesrsieg hem will his wife
hen Wished I. a paq =e6yllis sztedree et the
vehicle leg% end the fright the esalimat to the
densief. (As eathred hem w alleolloa at the heart, pro-
duced ehneet hielestaweas deeth.