The Express.
London, England, 1850-08-21 00:00:00

LIVERI'OO,

Swam-Rica IL% oß.—The m,
but priers were seemly. Laneashis
shares), V 3-16 3 3.16 d.—Ditto (321.1
Western, 1113—Ditto (new 3 shares)
(3 shares), 25 4 15.16 d.—North Briti
trr, and Cluster, 61 —6outh Easter
qd.), 53—York, Newcastle, and Berl
51 d.—Vork and Borth Midland, 153.

MANCHESTER, August 20.

BTOCI•EXCBANOI.—Up to noon to-day there wu no
buaineas on our Eat:lunge, end bat Lute In the afternoon. Prix*
have a drooping ten‘kney.

LELDS. August 20.

aroci-Exciumos.—There has been a doll market this
morning, the chief mleihaving been done in North Written and York
and North Midlands, the former of which declined to 14, and the
latter to 15i. On Saturday there were many ca'es of York and North
Midland shares it 1111. the small rate of dividend, namely, 3s. per
share, being the cameo( the present depression.

WINDINO-UP OF JOINT STOCK COMPANIES.-
1311/A2 NUNTH OP ENGLAND BANKING COMPANT.—The
Master in Chat eery (Fairer), who has for a oossiderablit
time past been engaged in winding up the affairs of this bask,
has made some heavy calls on the shareholders to discharge
the liabilities, whtch, according to the statements of the
petitioners fur winding up the concern, amount to 300,0001.
The petitioners set furth that the bank was started with •
capital of 400,0001. in 20,000 shun of 201. each, and they
believe that, av the deed was; only executed by some of the
shareholders, its provisions were atop. rein and void. Pro-
fit, in carrying on the business from 1832 to 1847 were con-
siderable, and lug. suns were allotted to the shareholders
in dividends, but on its affairs b 'coming emborramed in the
latter year, the London and Westminster bank, who were
the London correspondents, deelieed to honour its drafts,
and the otanpany ceased business. The direeton set about
realizing the suety, and to meet urgent demands, and • mul-
titude of actions, made a call of 51. per Aare, by which
60,0001 was raised, but many shareholders refused to pay.
Two subsequent calls of 61. per share war* made to pay off
incumbrancee, but they produced lees than the first. In
1548 the liabilities, as rendered by the company, had bean
reduced to 444,2321,, being • reduction of 134,3671. since
1847, and of 1,420,8231. since the period when the bank
stopped payment. A sum of 89,3061, had been received on
calls, and the deficiency to be met by the shareholders was
87,3731. A fourth call of 61. wu after wards made, but being
inadequately responded to, it was resolved to bring the
setdement of the affairs of the concern under the operation of
the Joint Stock Companies Winding um Act, where it now
is. It has been a matter of remark, that the offices of the
masters in chancery, as now constituted, do not afford suffi-
cient publicity of repaint*, or • fair means of Aligning in-
formation regarding the management of many of these ills
starred undertakings, and at regards the one in question the
obsorostton is perfectly in point.

EASTERN COUNTIES RAILWAY.
The following is the auditors' report, to be read at
the meeting to be held co-antroe :

"57, Coleman street, Aug. 9, 1850.
"Gentlemen,—We regret the., notwithstardicg the
utmost diligente and pereeverance, we find ourselves still un-
able to make a complete report of the result of our investiga-
tion and analysis of the capital exp. minute of the Eastern
Counties Railway C• mpanv. The examination bas a two-
fold object: namely, the eecertainment of the integrity of the
expenditure charged; end :he pro !uction of an accurate and
lucid statement of it, in order to the cuo exhib.ti in, uuder
appropriate heads, of the coot of the various line• sad works
executed. The extent and muliferious clAirac'er of the
transactioes which constitute the subject-matter of investiga-
tion would alone render muck ties, and great labour
Deanery in order to us satiety:eery completion • but the
difficulties we have met with in the conduct of our in-
quiries have not beta simply those which necessarily
pertain to every operation of the like nature; we 'were
had to act upon ciostused, inaperfrc-, and trreneoui ac-
counts, only prtielly supported or explained by vouchers,
while the vouchers tint mull be found were promisee Italy
heaped together without order or arrangement; added to
which there existed a general want of uniformity in the
mode of treating various part. of the gam.: or similer accounts
at different periods. li-. this etate of circumstances we
found it indispensably necessary. it enter to carry on the
examination intelligibly ar.d with certainty, to establish sup-
plemental book.; and, in effect, to reform the entire accounts
for a considerable period, opening a personal account with
each individual recipient of the company's cash, and allow-
ing no credits to such recipients in tine, 'tree of cash paid to
them, except upon the authority of bills, invoices, certifi-
cates, or other adequate vouchers. The deficiency of
voucnen has thus proved a fruitful source of difficulty and
delay, leading uaaveidably to much correspondence and
personal discussion with parties, in order to obtain nom
them the information which the v. tatters would have
afforded. Although to the causes their glacced at is to be
mainly referred the nor.-termination of this inquiry, it
is to he borne in mind that, in addition to the conti-
nued investigation of the capital expenditure, we have
been called upon during the half-yen to perform certain
other special services conneved with, or arising out of, the
accounts, such as extensive calculations to determine the
amount earned by the company's traffic over each particular
section of the line, with a view to the formation of a basis
whereon to found a revision of the present system of rating
railways for parochi .1 purposes, the preparatien of the volu-
minous return made to the Rouse of Lords in answer to the
order obtained by Lord Brougham and other matters. We
may also =idiom that the examination of the important
items of land purchases and compensation has been attended
with peculim difficultiea ; the elliff: of our examination into
these matters in coupe :ion witti the pecuniary transactions
conducted through the agency of the late solicitor to the
company, made clear the necessity, in order to do intim to
the interests of the shareholders, of subjecting the whole of
those transactions to a most rigorous scrutiny. The meagre
and unsatisfavory state of the information which we found
existing in relation to this branch of the inquiry had been
an *special cause of delay ; but havicg already made a report
to you upon it, we do not :eel it to be riming now to refer
to the subject, further then to state that we are still pur-
suing it ; and that since the date of the report alluded to,
we have found further sums to be accounted for by Mr.
Duncan, which, together with those reported, make a
present total of about 30,9001. to be accounted for by that
gentleman. The items of which that total is composed occur
at various dates during the years lb 15, 1816, 1847, and
1848. Independently of the advantages which must neces-
sarily result from tha extensive examination, in the sense of
• well informed conviction produced by it, of the truthful-
nen of the accounts when finally settled, and the more in-
telligible and cumpreheusive view which i:. will have been
the means of presenting of the character and location of the
objects to which the co.vpany's capital has been applied, it
has already been productive of direct pecuniary benefit in
the discovery and setting right of errors to the extent of up-
wards of '6,0001, ex.lusive of the important result of •
similar character arising out of the examination of the trans-
actions and proceedings of the late solicitor.—We remain,
gentlemen, your mos: obedient servants, QUILTER. BALL,
and Co. Tu the Chairman and Directors of the Eastern
Counties Railway."

SUICIDE ON THE EASTERN COUNTIES RAILWAY.--.
On Monday evening en inquest was held by Mr. C. Lewis,
at the Greyhound Tavern, Lea-bridge-road, on vie,. of the
body of Wm. Board, aged 41, in the employment of the go-
'eminent email run iactory, Holield-lock, who committed
suicide on the Eastern C .unties Railway. The deceased,
who lived at Enfield 'with his lamily, bet for some time past
exhibited an ab.rration of his mental faculties. He left his
home on Thursday last. Oa Saturday morning he was ob-
served walking in Le)ten marshes, neer the Eastern Coma-
ties line, when, on the 8 a.m. express train to Hartford
proceeding down the line, as it ruled the I.ra-bridge sta-
tion, he attempted to go on the line. The driver sounded
the whistle, upon which he started back, but w hen it got
closer to him, he deliberately placed his head beforn the near
wheel of the engine, by which it wall immedieele
from his body. The train was promptly stopped, upon
which the lifeless body of the deceased was taken to the
Greyhound. Verdict —" Temporary insanity."