The Express.
London, England, 1856-10-31 00:00:00

THE CRYSTAL PALACE COMPANY AND TER

In consequence of the resolution of the committee
ante Stook inhume declining to recognise say father
dealings to the sham of the Crystal Palace Company, the
directors lase caved the following letter to be forwarded
to the committee: . .

—..—..—.
Crys'al Palace, Oct 29.
" —The directors have bad under their considers-
, lion today the resolution of the committee of the Stock
Recharge, passed at their meeticg on Meeday last, to the
effect that,—' In cot:onsets.* of the extraordinary conduct
punned by the directors of the Crystal Palace Company in
denyieg the validity of Wasters of shares which had bees
registered at the office of the company, the committee
would not recognise any further dealing in tho shares, and
direct that the name of the company be struck oat of the
Wield list.'
I am directed by the board to say. that the committee
appear to have misapprehended their Intention, which was
only poodles the inquiry into the extent and nature of the
frauds in the transfer office, to give a general notice of the
existence of an irregularity, is regsrd to every transfer is
which this was detected, bat without drawing any infennee
or conclusion therefrom, as to the ultimate liability of the
oompany In respect to the shim.
.• I am now, however, desired to state that our director',
bevies bad the whole subject under their anxious considera-
tion for some time, and having obtained thereon the opinion
of eminent counsel, have determined that it is Incumbent on
the Crystal Palace Company to reeegois• the trusters of ail
shares which have been duly entered in the register of
shareholders, sad upon whisk the wail certificate of regis.
Oration of transfer has been issued.
. . .

" Aotiog is atmedance with the above, the Mares than
on the register will be entitled to a dividend, and recognised
en shuts is the company.
" It is proposel to give legal efLct to the adoptou of
them traosectio•s by exerciateg to the requisite cutest the
power to raise additional capital vested in the company by
the act of parliament of last session.
" I am further desired to licentious, for the isformation cf
the committee, that, as the direr/tom dad that the existence
of so large • Dumber of shares—amountiog tti nesrly
24,000—in the hands of a very nusaercua proprietary leads
to great camas. and intricacy, and also affords facilities for
the mmociaslos of frauds of the statute of those lately me-
t aed, they bate eetenistaed to exercise the revers also
Riven them by abe same eat to consolidate the shares of the
°mossy tato stock.
" The directors, in conclusion, desire m• to express their
hope, that this explanation will be satisfactory to the C5llll.
saltiest, and that their resolution will cot be confirmed.—l
am, sir, your obedient s
"010. °ROTS, Secretary.
" To the Seerstary to the Committee of
the Stock Backstage."

The King of dierdieie left Genoa on the morning
of the 26th for the royal silk of Pe:ease.
At Neufchatel a few persona, slightly compro•
Raised, have bees released ea bail, bat eighties r twenty
ere ethl is eke* eeeflatweat, 'abolish team with hems-
ity.
Baron del Aillo, the Danish repreeetitetivs at
Madrid, le serisusly sad &eve ate entertaleed for hes We.
M. Brays Melillo, formerly president of the council, who
had jut arrived from Pais, le eke seriously ;h.