The Express.
London, England, 1860-01-12 00:00:00

GREAT SHIP COMPANY.

After our report left yesterday, Mr. Hawes's
amendment, the effect of which would be the ap-
pointment of a committee friendly to the board, and
sot the acceptance of the directors' resignation, was
lost, on a show of hands, by a large majority. Mr.
Hawes then demanded a poll, which was granted,
and has remained open all to-day. The meeting
stands adjourned till Tuesday next. The following
litter may be uestal, as elucidating the points in
dispute:

TO TIM =Non OP =II ICIPSZN.
thaw ebareltolders who wlah to pet rid of the m-
aw demean vote whist Mr. Hawed@ assadriwat they
will deem be able to swept the resignatioa af the board, sub-
ject to meek szerptloas as they to t►la& essesswy.
Az tmillpemismt, onowittee eat afterwards be appointed by
• ashetsatlve radiate& already before the restaing.
Thew who wish to support Mr. Magmas will Tote sgatnet
Mr. Ilawees nme•doe•t.—Yoan obediently-

10, !We Arms-yard, Jan. 11.

T. CI. TAYLOR.

Mr. J. 0. Lever, M.P., has circulated, in printed
form, copies of the correspondence which has passed
between himself and the directors of the Great Ship
Company with referent's to the proposed chartering
of the vowel. Mr. Lever's last specific offer was
dated the 24th November, and was as follows:

let. Mr. Lever will undertake to charter her for twelve
maths- Sod. The charter money to be ht the rate of 6 per
eat. per kaki es the entire capital of the company—say
130,0001.„ one bolt the amount to be paid six acathe
adkaos. k OWN end the reensimbr is bills at six math.
3rd. Mr. Lever to lad 60,0001.. or any less mum wine mop
be required, upon the security of the ship, for the purpose of
trying off her existing debts sod finishing the vessel for sea.
The appropriation of the 60,004, as regards the work dm
to the ship, to be left to two of the directors of the Great Alp
Company, and Mr. Lever and ►L surveyor. 4th. The veil
so be placed by Mr. Lever in a regular trade. sth. In me-
sideestien ef the above, Mr. Lever, at the expiration of twelve
'soothe, to have the option of purchese for the sum of
330,0004, Iwo inch portion of the 60,0001. as may be em-
ployed for the purposed paying off tie debts of the company ;
every shareholder in the premot company to have the pri-
vilege of taking theses in say saw company to be formed by
Mr. Lover, to the extent of Lfs peat Interest in the Griot
Skip Company.

. _
On the god December, after the publication of the
damaging report of the surveyors of the Great
Eastern, Mr. Lever wrote to the board intimating
that, though not withdrawing from his proposal, he
could not consent to any delay in its acceptance. On
the 23rd December be wrote again to know " what
price the directors will accept for the period" which
be has named. On the same day the secretary re-
plied in the lollowiog terms : " There has not been a
meeting of the board to-day, consequently I have
been unable to submit your letter to the directors. I
have, however, laid it before the committee ap-
pointed
by the board, Messrs. Bold and Magnus,
who have instructed me to state that the board have
not pledged themselves 'to charter the ship to you,
provided we can arrange terms.' The committee
will be happy to entertain, and forthwith consider,
any offer you may be pleased to make; at the same
time they would be glad to know whether the offer
contained in your letter of the 24th ult. is that to
which you allude." No correspondence of later date
is given.