The Express.
London, England, 1861-02-23 00:00:00

YES 01WAY SHIP COMPANY.

The directors of this company- have compiled
report to be preended to the shareholders at a public meet-
ing to be held at the London Tavern on the Hth. They con.
gratulate the shareholders that the trial trip to New York
was made at a lass of only 344/. odd. As explained in their
previous report it was their intention to have despatched
the ship on a second voyage to New York on the lith
October last, but after considering the requirements
of the Board of Trade for one voyage only, and
the very imperfect state of the decks laid down
by Mr. J. Scott Russell under his contract, the
directors, with the advice and concurrence of some of the
largest proprietors, whom they invited to confer with them
on the subject, abandoned that intention. They then re-
duced the staff and all other expeuses ea much as poiedble,
and proceeded with the alterations and repairs. The bearing
of the screw shaft was far the most serious task. By very
skilful arrangements the necessity Of annoying the shaft
from the ship was overcome, and the work has made such
progress as to leave no reasonable doubt of its satisfactory
completion, together with the feed pumps to the paddle boilers
recommended by the Board of Trade, in the ensuing month.
The main deck has bees sheathed with If inch Imelda
over a layer of tarred patent felt, thus forming a double
deck. The directors believe that by these means the deck
(hitherto a constant source of injury sod annoyance) will
be watertight., and the ieconveniences thoroughly removed.
The saloon and cargo decks have been caulked, and many
ether minor but important works are in program. The
question of future employmeat for the ship has received
the moat serious consideration of the directors. Thu
want of public confidence in the ship has hitherto battled
the directors in their endeavours to obtain sufficient pas-
sengers and freight to remunerate the proprietors. They
hope that the voyage to America has in a great degree
removed the impediment. The passengers unanimously
expressed their appreciation of the ease and comfort they
enjoyed, and the total absence of sea sickness, even to the
moat sensitive. Her excellence as a sea boat has been
proved, and notwithstanding the inevitable dieadvantages
of an experimental voyage, the directors can DOW place
full reliance on her steady speed. They believe that
another successful voyage to America will establish the
desired confidence, and that she might then be profitably
employed in any trade where her great capacity and
power can be developed. It is clear that by a compu-
tation of her speed now established, she would accom-
plish a voyage to India or Australia within forty days,
upon a ration of consumption of coals far below that of
other steam ships. The directors have, therefore, re-
solved upon despatching the ship to America early in April
Beet, and they hops that the receipts from all sources will
at Mast equal the expenditure, aa experience has proved
that the working expetsee of the ship may be redact:alto the
eirdinenycharges of merchant stearners,which reduction your
dinners an determined to effect The liabilities of the
tarnare stated to be as follow:—Amount awarded to
Russell, 18,0001. ; ditto claimed by Mr. R. S.
pi, 5,8761. 6s. 441. ; ditto claimed by Mr. C. Langley,
6,81111. Os. 10d.: ditto claimed by sundry plumes, 1,020/.
9a 7d. ; total, 31,8151. 16e. 9d. The report to the directors
at Mr. Brenton, the engineer, is oubjoused, and is highly
eaffidielny.

Rain inttlligtnct.

EQUITY COURTS.—FED. 22.
(Before Vice-Chancellor Sir W. P. Wood.)
FAY 7'. NORRIS. —lll2 14ADLEIR FRAUD&

The object e the suit wan to enforce • claim by the
Loudon and County Bank upon • eum of money which bad
been paid out of the Landed Estate, Court in Ireland to a
trainee of the late John Badleir, and by him paid over to
the administrator of that person. On the case being

called on
Mr. W. D. Griffiths interposed on behalf of the official
manager of the Tipperary Bank, and stated he claimed on
behalf of the bank the entire fund in question, submitting
to the court that the official manager ought to be made •
party to the cause, having given notice of his claim to the
present claimants.
The Vice-Chancellor observed that not being a party to
the cause he could not properly hear the official manager,
and could not, without the consent of the parties, delay
the cause, which was thereupon proceeded- with. The
plaintiff claimed the fund in question upon an undertaking
given in November, 1854, by Mr. Morrough, John
Sadleir's solicitor, by John Sailleir's directions, to
the London and County Bank to hold the fund
at the dispond of the Laidon and County Bank—
and a resolution of the bank, granting an advance to Sad-
leir, on the faith of the undertaking. The defendant raised
a case of waiver, and argued that the fund in question had
been discharged—first, by taking a formal security not
including it ; secondly, by the contracting of • new loan, by
means of which the old loans were paid off. New securi-
ties were taken for the new loan, which did not comprise
the sum in question : and they further stated that on the
plaintiffs furnishing a list of securities held by the plaintiff
to the defendant the fund in question was omitted in such list.
They also took objection to the form of the suit, which they
alleged ought not to be a bill for realising one security alone.
hut a general suit, taking an account of the entire amount
of debts and securities, and realising the latter en masse.
Mr. Molt and Mr. Stevens for the plaintiff, the public
officer of the London and County Bank ; Mr. Wilco: and
Mr. Hardy for the defendant, the administrator of the late
John Sadkir.
Vice-Chancellor Wood held the contract involved in the
letter and resolution a value•ubsisting charge on the funds,
and that the taking the further securities was no abandon-
ment. He held also that the plaintiff was justified in
framing his bill in the form adopted to save the fund,
which was in danger of being misapplied.

MATHEW if. MAXWELL.
It will be recollected that • few weeks Biwa, an injunc-
tion
was obtained in this MOM restraining the defendant
from publishing, until the bearing of the cause, • tale called
"The Fifth Ring : the Adventures of Mr. °drab Redstart
In search of a Wife," forming • part of • Christmas num-
ber of the " Welcome Guest, and one of a series of tales
entitled " The Wedding litinp of ithrimpington-super
Mare, with some account of these who wore them for better
and for worse," otherwise than as • portion of such
Christmas number. The ease now came on for hearing. No
new facts were stated, and after hearing the arguments of

nmeel, -
The Vice-Chancellor made the injunction perpetual.
Mr. A. Smith and Mr. Ebenezer Charles were for the
Isintiff ; Mr. Terrell and Mr. Druce were on the other side.

COURT OF EXOREQUER.—Fie. 22.

Sittings at Nisi Prias at Oaildhall—(Betere the Lord
Chief Baron sad Osenacia Juries.)
!moo r. PORSIB. —AS nowisra's stcr.

This was an action brought by the plaintiff, an innkeeper,
the proprietor of the Southampton Arms, in Chancery-
lane, against the defendant, the mother of • young gentle-
man, an ensign in the militia, to mover the sum of 311.
13s. 2d., the balance of an account of 411. 13e. 21. for
goods supplied to the defendant's son. The defendant
pleaded never indebted.
Mr. Powell was roamed for the plaintiff; Mr. Pearce for
the defendant.
It appeared from the evidence adduced on the part of
the plaintiff that the defendant, Mrs. Forbes, was a widow
lady, residing in the country, and in the course of the last
year nuns to London and paid • visit to Mr. Stone, a
gentleman residing in Chancery-lane. She told that gen-
tleman that her son was at Bristol, and she wanted him
to come up to London for the purpose of being presented
to the Queen, but she did not know how to do so, be-
cause ahe was afraid if she sent him down money
to pay his passage he would spend it in
another way. Mrs. Stone was at that time about
to go into the country to see her daughter, who was re-
siding near Bristol, and offered to bring the young gentle.
man up with her ; sod accordinglj it was agreed that Mrs.
Stone's smestion should be earned out. The young ensign
was brought up to London, and at first apartments were
taken for him by his mother at the Blue Posta Tavern, and
subsequently at the defendant's, where during hie stay he
had articles to the amount of 411. 13a. 2d.„ and on the oc-
casion of his going to be presented to the Queen, the plain-
tiff lent him half-a-crown to pay his cab fare. The defen-
dant had paid 101. off the account, leaving the amount now
sued for.
Mr. Pearce, at the conclusion of the case, submitted there
was no case made out against the mother, as the goods were
proved to have been sold to the son.
The Lord Chief Baron said the goods were supplied by
the direction of the mother, and there was evidence for th•
jury.
Upon which Mr. Pearce said he could not proceed fur-
ther, as his client was not in court.
The jury returned a verdict for the plaintiff for the
amount claimed.