The Express.
London, England, 1867-04-02 00:00:00

LATEST SPORTING INTELLIGEN CE

(IT TZLIGIAIII.)
NORTHAMPTON MEETING.-(THIS DAY.)

TRIAL STAKES.

Lord Lyon
Mou'ley
Thalia
4 ran.
STAND PLATE. One mile.
Musician, Red Riband, Caprice, Wild Bee, Under a
Cloud, Dutch Admiral, and Busy Body are here.
WHITTLEBURY STAKES. Three-quarters of a mile.
King Victor, Huntsman, Red Riband, Bismarck, Ata-
lanta, Flying Scud, Moonbeam, Commissioner, L'Epte,
Spec-alum, and Veda are here.
NORTHAMPTON STAKES. Two miles.
Regalia, John Davis, Lecturer, Dunsany, Miner, Tour-
malin, Apeley, Miss Harriette, Night watch, Flateatcher,
Endsleigh, Chi ham, Nutrition, Wild Briar, Douro,
Lady Calthorpe, Quick March, Amanda c, Primrose, and
Orne are hers.
PAID Foarnir.—Rose Cheri, Gipsy King, and Anchorite.
DELAPRE FREE HANDICAP. Half a mile.
Zisca, Sat 101 b ; Under-the-Cloud, 7st 1 Ilb ; Miller's
Maid, 7st 1 llb ; Claymore, Vat 10lb ; Variation, Vat bib ;
Sunnyside, Tat blb ; Lady Barbara, fat 31b. AS are here

NORTHAMPTON CUP STAKES. Half a mile.
Policy, Orne, Douro, Busy Body, Maya, Nightwatoh.
Gilead, and Pnmrcoe are here.
SULBY STAKE:3. Half a mile.
-

Lady Ells-aIeUT, Speculum,
Veda, and Wings-of-a-Dove are here.

NORTHAMPTON STAMM.
2 to 1 agst lecturer (t)
11 to 1 Regalia (t)
100 to 8 Apsley(t)
14 to 1 Wild Briar (t)

ATLANTIC AND GREAT WESTERN RAILWAY.
(THIS DA K)

A meeting of divisional bondholders in this rail-
way was held at noon, at the LondonTsvern, Mr. CURTISS,
by whom the meeting was convened, in the chair, to con-
sider the propriety of foreclosing the railway, and ap-
pointing a committee to collect the money and pay the
overdue coupons. The attendance was very numerous.
The CHAIRMAN, in opening the proceedings, entered into
a history of the difficulties of the company, and dwelt ou
the necessity of taking the step contemplated by the pro-
moters. The line was not paying its working expenses
it was in a very bad condition, and an immense sum would
be required to put it in order and complete the
extensions ; and the only course by which the di-
visional bondholders could get anything was by
selling. He concluded by moving the following re-
solution :—" That the following gentlemen be appointed
a committee to collect the coupons on the divisional
bonds, and to take such proceedings as they
may think advisable for the foreclosure of the
Atlantic and Great Western Railway :—The Hon. Charles
Keith Falkner, Mr. P. B. Oppenheim, Mr. Win. Gill, and
Curtiss."

_
A BONDHOLDER wished to know who the proposed
committee were.

The CHAIRMAN said the first gentleman named was the
son of an English earl ; ho did nut know his name.
(Laughter, and a voice, " The Lord knows who.") Mr.
Oppenheim was a gentleman in business in Gresham
House, Mr. Gill was a barrister in the Inner Temple,
and modesty prevented him from speaking of himself.
(Laughter.)
In reply to the question what amount of interest the
the parties represented,
The CHAIRMAN said ho himself represented 10,0001.
Sir W. Rettaeu. (chairman of the committee of bond-
holders appointed at a recent meeting) strongly deprecated
the course proposed as tending to injure all parties con-
cerned. Since the committee were appointed they
had acted, he said, with perfect unanimity. They had
succeeded in getting a gentleman of the highest
character and position, General Potter (of the firm of
Brown, Shipley, and Co.), to take the management
and act as receiver. That gentleman would act for all in-
terests, and he was appointed with the concurrence of the
gentlemen in America who were the trustees of the di-
visional bondholders as well as the consolidated bond-
holders. The result of this was that they had got hold of
their property, which would no longer be squandered, and
thecourta would insist, as they had done from the first, that
' the divisional bondholders should take strict precedence,
and that all other interests should be fully cared for. It
also put an end to the power of the 21 directors in
America, and to the enormous expense which had
been going on. Before that was done Mr. McHenry
gave the committee the fullest powers, placing his shares
in the hands of the committee as trustees for him,
and thereby giving them full voting-power. That
precautionary measure hail proved unnecessary in
consequence of the appointment of a receiver,
who was simply a dictator. Before the committee assented
to Mr. Potter's being appointed to act as receiver, it was
made a condition that be should resign if the committee
should require him to do so, and thus be was
a managing director under 'the control of the com-
mittee in this country. (Cheers.) It had been
ascertained that only 150,000/. would be required for the
repaint of the line. As regarded foreclosing, the only ob-
ject of that was to play into the hands of a number of
American speculators on the other side. (Hear, hear.)
A gentleman armed with full powers as regarded the pro-
perty would sail for America on Saturday, and he hoped
that two other members of the committee, including him-
self, would shortly follow. The sale of surplus lands
would, he hoped, enable the committee to pay the divi-
sional bondholders earlier than bad been anticipated.
A SHAREHOLDER having inquired who the gentleman
was who was going going out on Saturday,
Sr W. RI'MAELL replied that it was Mr. Trevethick, an
engineer connected with the London and North Western
Railway. He was then proceeding to propose • resolution
counter, as was understood, to that of the chairman, when
Mr. HARTRIDGE said be hoped that after what been
said by Sir W. Russell the chairman would withdraw his
resolution.

The CHAIRMAN said it would give him much pleasure
to do so. (Cheers.) He WA much gratified by what he
had heard, and he had called the meeting in order to give
Sir William an opportunity of making the statement he
had done.

a 7-- • A discussion having arisen as to the power of the divi-
sional bondholders as regards foreclosure,
Sir W. RUMSELL expressed his belief that it would be
two years under the most favourable circumstances before
the property could be sold.
The CHAIRMAN said he was a member of the American
bar and knew that the powers of sale were similar to
those which existed in regard to other kinds of property.
As a divisional bondholder he would give the committee
60 days to make a satisfactory statement. (Hisses.)
After some further discussion, the resolution havingbeen
withdrawn, a resolution was unanimously passed express.
ing entire confidence in the committee appointed at the
recent meeting.
Mr. T. CAVE, M.P., in acknowledging the resolution on
behalf of the committee. remarked that there might be par
ties on the other side of the Atlantic who wanted to buy
the line for nothing. (Hear, hear.) He added that the
receipts were increasing, and that the divisional bonds
would, in his opinion, soon be worth par, and the oou.
solidated bonds would be very valuable.
The CHAIRMAN took a different view of the matter.

On the motion of Mr. lfautrairme, thanks were unani-
mously voted to the chairman, and the meeting then
separated.

Tim REFORM BlLL—Last night the fourth
weekly meeting, under the sus:noes of the Reform League,
was held in Trafalgar-square, to mark the continued in-
terest the people take in the progress of parliamentary
reform. The base of the Nelson column was illuminated
as on the previous occasions, and the weather being fine a
greater number of Hags and banners were brought out.
Mr. Edmond Beales, who again presided, expressed some
distrust of the House of Commons, to whom the
government had handed over their measure, and
warned the working clews that they must be prepared
for a much more extended agitation than had
yet taken place. He also referred to the recent
Market Drayton proceedings, and, amidst vociferous
cheering, emphatically declared that Governor Eyre must
and should be brought to trial yet before a jury of his
countrymen. A resolution was paesed pledging the
meeting to continued and increased agitation until the
measure called " The amendment of the Representation of
theeeoile Bill," was altogether rejected, or so completely
stri of its objectionable provisions as to be made more
satisfactory to the great mass of the community. The
attendance was large, and the proceedings perfectly har-
monious.

THE ACCIDENTAL DEATH COMPANY AND THE LATE
Me. JEITCOCIL—The Secretary of the Accidental Death
Company says that their ordinary annual premium body
covers the risk attaching to a mining engineer " in follow-
ing his ordinary vocation." The secretary of the Railway
Passengers' Assurance Company says ' This company,
like all others insuring against accidents, has sought by
its policies to exclude acts of ' wilful exposure to unneces-
sary danger,' by which I understand fool-hardy actions
incurred without any reasonable or warrantable motive.
The directors of this company have never considered this
to apply to euelinoble and self-devoted heroism as that
by which Mr. Jeffeock lost his life. In fact they have
upon several occasions granted compensations to persons
who have been injured when voluntarily endeavouring to
save life from destruction by fire." Mews. Bell and Robert-
son, eneneem and surveyors, suggest that • public testi-
monial be raised for the family of the deceased Mr. Jeff-
cock. They will receive any subscriptions either personally
at 5, Charint-azcAs, or through the National Rank,
Charinveross