The Express.
London, England, 1866-08-24 00:00:00

THE POLICE COURTS.

• MANSION-HORSE.
Myles Jainism, a respeetehholcoking Jo& 001/ raNS
old, was charged with stealing two' chequeo—cms foe 911- I
and the other for 10/. A. 6d.—the property of em-
ployers, Merin. Stokes, Coulson and Co,,xport ironmon-
gers, carrying on business in Clement's-lims.
The prisoner was employed as clerk to the
and occupied a desk in the same office with r.
one of the firm. On the 3rd of August that gentleman
had occasion to draw two che uclinelkuompon the London
and Westminster Bank, Loth , for the Teepee-
tire sums above-mentioned, and t cheques were
upon his desk while he went away for a short
period. Upon his return he discovered that the prisons:
was gone, and that he had taken both the cheques with
him, and it appeared that beat once proceeded to the
bank and cashed the cheques,obtained gold for them.
The matter was placed in the bands of Smith, one of the
City detective officers, but nothing was heard of the pet.
sonar until a few days ago, when Mr. Stokes received a
letter from him, in which he asked forgiieneas for his
offence, and stated that he bad been led away by some
relative. No notice was taken of this, and and it seemed
that when the money was gone the prisoner went to the
warehouse of the prosecutor and said that he wished to
give himself up, and an officer was sent for, who took him
in charge. When the prisoner was asked what he had
done with the money be told Purley, the constable who
took him, that he had been to Manchester and Liverpool,
and had been travelling about in company with his bro-
ther-in-law until all the money was gone. The prisoner,
although only 17 yeare old, MY married. and his wife, a
mere girl in appearance, was present during the invest!,

gaticei.
Sir R. W. Carden asked the prisoner how long he bad
been married ?
He replied he had been married thirteen months.
Sir R. Carden—Then at the time you were married you
were only 16 years old?
The prisoner—No, sir.
Sir R. Carden—How old is your wife?
The prisoner--A year older than I am.
Sir R. Carden—Did the parents know that you were
goin
tube minded ?
Prisoner—Yes, air, they were aware of it.
Sir It. Carden And dd they not object to such a boy
antierolniz_tting married ?
No, sir, they did not object to our getting
married.
The prosecutor begged the alderman to deal summarily
with the case, and urged that the prisoner was respectably
connected, sad that for a considerable period be had be-
haved very well, and be believed this was his first act of
dishonesty. He said he considered that he ought to have
seine punishment as a warning to him for the future, but
if the court would inflict a short imprisonment without
sending the prisoner for trial he should be perfectly satis-
fied with this course being taken.
Sir R. Carden said that he certainly did not feel himself
at all justified in seceding to the application. The num-
ber of cases of robbery and embezzlement by servants at the
present time was quite distressing, and so far as the pri-
soner was concerned it appeared to him that he bad been
guilty of a very abominable offence. If be had made use '
of the money to provide comforts or necessaries, something
might have been said in his favour, but instead of that he
appeared to have abandoned his young wife, and squan-
dered the whole of the money in going to different parts of
the country and enjoying himself, without apparently in
any way miring what became of her. It was a case that
he certainly should not think of dealing with summer*,
but he should commit the prisoner for trial.
• The prisoner, who appeared quite unconcerned, was so-
• oordingly committedi for trial, and his poor wife was car-
ried from the justice-room by some of her friends, crying

piteously. -
Another young man, named Edwin Morris, was charged
with embezzling various sums of merchantsng tolls
emloyen, Messrs. Potterand Co., wine , TOWS?.

It was the duty of the prisoner to receive money from
the customers of the firm, and evidence was adduced to
show that he had received one sum of 5/. 2s. OM. from a
Mr. Sands, the proprietor of • refreshment house at the
East end of the town, but this, it appaired, wasonly a
very small portion of the rams he had received at various
times and not accounted for. The prisoner went away for a
week's holiday, and during his absence his various defal-
cations were discovered, and s warrant was applied for
and placed in the hands of Monger, a detective officer, who
looked out for the prisoner, and saw him in the
Kent-road on Wednesday evening driving a horse
and chaise. He followed him home, and told him
that he must take him into custody for em-
bezzling his employer's money, and the prisoner
replied, " It's too true, and it's rather a heavy amount."
The officer asked him how much, and he replied, very
coolly, " Oh, about 2001." The officer searched him, and
found six sovereigns and some silver upon him, and • gold
watch.
The prisoner was remanded.

GREAT EASTERN RAILWAY.

The report of the directors of this company states
that the total receipts of the past half-year amounted to
887,0921., and the working expenses, kc. to 496,1281.,
leaving • net sum of 390,9641. To this ;ras added the
balanoe of 1901. from the preceding half-year, making
391,1541. From this was deducted 99,6661. for rents to
other companies, 122,7741. interest on mortgages and
debenture stookand 29,2671. for interest for temporary
loans, commission, ice., leaving 139,4581. This amount
would pay in full the dividends on all the preference
stocks created before August, 1862, being the period of
amalgamation ; leaving, however, the dividends upon the
preferences created at and since the amalgamation
urprovided for. The enlarged amount of the last half-
year's receipts as compared with the corresponding 'half-
year of 1865, being 81,7501., was chiefly attributable
to the traffic and other receipts from the Bbskwall Rail-
way, now first entered in the company's amounts. Those
receipts, which in the corresponding half-year in 1865 were
67,602/., deducted from the gross income 887,0921., sFacred
an increase of 14,1501. for the halt-year. The actual in-
crease upon the rs, panels, and goods was
25,7041. ; but the re uction of cattle receipts, consequent
upon the cattle plague, was 14,644/., and there could be no
doubt that the existence of thecattie plaguehad affected in
other particulars the company's income, and Luther dimi-
nished the receipts of the half-year. The directors regret to
find that the working expenses amount to more than 56 per
cent. of the income. This they considered, upon such a
system as that of the Great Eastern, very much in excess,
and it would be their duty_ to reduce the amount within
reasonable bounds. The second half of the
year bad always upon the Great Eastern system
been more productive than the first, by upwards
of 100,0001. This fact sufficiently warranted the ex-
pectation that the second half of the year upon which
the company had entered would enable them to pay the
preference shareholders in full. The attention of the
directors had been moat seriously engsfcl in the considera-
tion of the capital liabilities entailed the metropolitan
extensions. Those works, which would involve, if com-
pleted, a total outlay of nearly 3,000,0001., were entered
upon without any provision berg made by first placing the
capital to meet the expenditure which would he incurred.
The directors find that already capital demands had been
met on those and other works to the extent of 1,044,3781.
beyond the monies received on capital account, which
have been supplied by temporary loans and by the
absorption of the revenue receipts. Beyond the actual
payments there were liabilities pressing to a very
large amount incurred under notices for the compul-
sory purchase of land, and under the contracts for the
construction of the works, The directors had endeavoured
to meet those difficulties by partially stopping the further
progress of the works until capital could be provided, and
by applying to parliament for power to raise at once the
debentures authorised by their several acts, amounting to
1,084,9601, but which were originally contingent upon the
previous subscriptions of capital, and in this application
they were successful. They also obtained from parliament
power to increase the amount of preference dividend to
any extent not exceeding 7 per cent. on the unissued share
%pita of 3,210,4231. These fanned the fund out of
which the liabilities on capital account must be met,
and the means provided for the construction of such
of the metropolitan lines as it might be thought
right to proceed with. The directors, however, after
full consideration of the subject, deemed it expedient
(without interrupting the construction of the coal depot at
Whitechapel, which promised such valuable results In the
increase of coal traffic) to recommend that such of the
metropolitan extensions as could be postponed or aban-
doned without a very serious loss, should be so dealt
with ; and provided those views met with the assent of
the shareholders, they would seek in the next session
of parliament to obtain powers for this purpose. The
company had incurred so serious an outlay in respect
of the extension from Biehopegate Station to Liverpool-
street, that it must necessarily be completed ; and it
might be desirable that some other portions under similar
circumstances should also be proceeded with. The actual
payrent, even of the dividends which had been earned
during the past half-year, must be posted until the
revenue winch had bma unavoidably soi.b by the
debts of the company on capital amount had here repaid.
But the board would recommend that defence warrants
should be issued to the shareholders, payable ma notice
from the company so soon se the repayment mu made.
The board felt deeply their responsibility, and would con-
tinue to devote themselves to economise every expense,
avoid all capital expenditure beyond that to which the
compeay was unavoidably committed, to facilitate by
through working and friendly arrangements the inter-
change of traffic with other companies, and by giving effec-
tive and economical accommodation to every part of their
district, to develops its resources and obtain the utmost
profit which it was capable of yielding. Ms capital
ao-
oount to the 30th of June lest showed that 23,801,1401.
had been expended, leaving a balance spinet the company
of '"4-3791.

1,044. W

The directors of the South Eastern Railway have
resolved to recommend the proprietors, at their keN-yearly
meeting on the 30th inst., to declare a dividend at the rate
of V. 17e. &L per cent. per &atom.
ORTRTAL Pause. OWL BRILLLWO DAY.

AVOUST 23.—Admiarions on payment, 23,306
ditto by season tickets, 5,8e7. Total Adams, 29,133.