The Express.
London, England, 1857-12-17 00:00:00

THE EXPRESS. THURSDAY EVENING, DECEMBER 17 x,47

CRYSTAL PALACE COMPANY.-(THIS LAI.)

This morning an extraordinary general meeting
of the above company sae held at the Beidge-hoagie Hotel,
for the election of four no. directory and to receive a repeat
from the director, and to amide . the propriety of air
thorisiog, and if thought expedient, to authorise the
directors to edict movements with the proprietor of shwa
in the company for the conversion thereof into tickets of
admission into the buildings and grounds of the company
on mutt candidate as inistit be agreed upon. lie.
Teton ss N. Fanersae, chairmen of the ►oard of directces,
presidia'.

The report of the director. was publiakod in the Erpreu
nu the 10th inst. It was taken sa teed.

The Citation...sr observed that the objects of the mooting
might be clamilled under three heeds .—lrst, the question of
taking up the debenture stock of the company ; eeoondly, the
scheme or proposal for the redaction of the capital
cl the company ; and, Lastly, the *Mica of the
new &Mem. If the meeting declined the proposition
he load to casks with regard to the Fret of these guano's*, it
*old be meter to go into the other two. The directors
proposed that the shareholders should come forward mid
mein them in getting rid of the debenture debt of the corm
puny by converting It into • preference stock. The
capital account of the company was cloaca to
1855, and since then every liability had been charged te
revenue. Many of these Items were objected to by the Income
Tar Commissioners, on the ground that they admmtl.
the Mom* of the company liable to income Om,
which ought not to be, became the item were
fairly chargeable to capital. The capital of the company
might be eat down at 1,400.0001. ; via 1,000.0001. sub-
scribed ordinary capital ; 260,0001. debentures, which it
wee now reposed to convert, and 15. eference
capital. I n return for thia roomy thumpay had
acquired 300 acres of land, and the butldLc
and its contents,* from debt or incumbrance of any load
every description The revenue this year showed • aurphae
of 10.0001. and 12,0001. Now, the directors were autos'
to obtain the seeinunce of the aharsholden to mashie
these to fond 250,0004 dehintane end retiree
theta from the ran mity of golng into the market from time
to time to ma* those obligations, thereby leading the
public erremosely to &oppose that the Crystal Palace Corm
pay was emetantly borrowing money . They made this
appeal to the /*piasters se haiaeeeliik. men; the preens
nature of their proposal was costainod in • resolution
which he should hereafter move, and which would provide
that the moos* 'herald be !Mad by four calls payable on
the lath l'ebroary, the lath May, the 16th Anne,
and the Ifeih Ot November. Many
is the country, Mr. Anderson, their ale chair-
man, and the Duke of Devonshire, approved of
the whew*, sad providing the great body et the Awe-
holders would take their quota they were reedy to subscribe
in proportion to their holding ta the company. Ms
court ly moving the following resolution Bee
mired that is the opinion of this meting it is of the
utmost Ingierimat ix the isterist of the company
that the Wm, el the menet et debenture sttak anthorimd
by the rekhglese el the raestiog a/ 221/20, 1857, *Mold
be forthwith seenneed, aid this plague itself
to use its bust endeamma to obtis,de oldest, and
regimes the Meanies M iirwerd • lona of eapppplliomion
Ina subscription te the Moak of each sharioldinin the
ssequay who has net shandy taken up his slotrimmt with
• espy of this reeslatlea and with ea ammet =
M come forward sal Ind his aid by himself and ids
taalteseldes to the moth, and that in order to receive the srab-
smstial Mal of the sompay it shall be a condition of this
! mabserlpdrat ere me of not km than 120,000 f. In the
! whale AO be aeliseribed before the individual subscriptions
shell be UM west; and that as roma asthe full ram of
1111,1111111. shall be applitd for and a call paid thereon, the de-
bestial Mesh sew applied for shall be declared to be cow-
' Mir mew etesmatioris from Mr. Billings, Mr. Fuller,
Mr. 0. Jr. Ceram, and other shareholders, via approved of
Or misims, the resolution was put and carried unanimously.
The CIBAHUIAN said the nest question for the considers-
** cif the sesstiag was the conversion of shares, under the
lid section cif their net, ono tickets of admission into
'the Milldams sod gemode of the comp.:ay. The es... Audio
be had to move wee this --That in the terms of the report
preeested to the meeting this day, the beard of directors to,
awl an hiseshi authorised to aces with any proprietor for
envenisa eg- his shares is the company into tickets
edeolieles t the building and ground. of the company,
gnome le the 11th 'motion of the Crystal Panes Compeers •
Lee VIA eel ire the board of directors be requited to ores
• twashelles authorising admission by their tickets to the
Pawl egg gem& on Sunday adenoma se • gratuitous
privilege sad without any mosey psymmite to he reeds
directly or bawdy to the company sea privilege."
Ou meth seeerleg the rumicm.

Captain Yore* ...vat ea antedealat to the afoot that
the Walked= whilerele tbe rimer mode es sout
of the Lord's day, whether by ream of
twitter.' *hale sr weary parmat, weld bee violets* ef the
la. at Get, mil to exateevalies of the compeers
cheater,

Tiaxaissuis "NNW le the pewit captain to sups
hie moshmes ups ammeelal aul distal/foal grassda.
Capola Toms atlmpled to mime his stoesdeneste
aside' omedsroblo weer sad baptisers and arise of "Oo
to Meter 11.11." Be Mists/ yet the mixed of the dins.
tors me fepl, owl opposed to the beet interest
ody et the Mt the desausity at lugs. The
palthe sure og be 'iny St 1.
After semis ftsarles tM esembrat segatired by •
tarp magedry. Mead sinsedunst to the Wert that the
sleds's' w lierlip should only be to the grounds, ast
intik • ebelbe Isks sod talticantely the effigies! resolotks
me mdse.

ileeneeting this pneceeded to the election of the four
new directors.

BCIYDR 1141 L WA C'ONP4A7.—(THIS DAL)
This afternoon an extraordinary general meeting
of the shareholder, of this company was held at the oaten
Gresham Rome, Old Broadntreet (Mr. W. R. ANDIMWy
chairmsa of the company, in the chair), for the pins
pose of anthorieing the creatbei of Maimed mgd-
tal by the Wee of sew shares, In consomme* of
the Ilan. East Lelia Company having authorised the Mae
of additional shams in this company to the extent of 600,0006,
for the complains of the &node Railway, on the else
terms as to the rate of guaranteed interest.
The CRAMICIN, in movinx the aloption of the formal
resolution, mid that the direvtore were unwilling to pews on
the shareholdm in the patent state of the
market, hot for the interest of the company they
anietrained to take this worm. It w,o proposed to cream
23,0001. saw shares of 201. each. the Ora can of 21. Ioe. to to
paid on the 29th of 'Lawry, 18304, and the ascend of the
lams Amount on the 10th of March. This was In
point of het am addition to the originally
'spitel of the company ; the ovieinal estimate was 730,0001.,
bet the Ran India Company had at first only guarsateed
capital of 600,0001., tat the sum proposed would
entirely complete all the works. The mew capital would
be ptened la mealy Usisc.esine.raition as the old, except tint
M Meerat It wse not to allowany mew to s pay up
am then 101. per in anticipating. Shim the Mat
meoling the works had programed mom favourably, and the
weeks ea the raining portion of the line bad been let to
gem *West coatraotora.

Sir H. MADDOCK secooded the rex:A:aloe. He old ha
MI so doubt the railway with the rolling stork mold
Its corspiated for 7,0001. or 8,0001. ot wit* and the whole that
eaompiated for about 800,000/. The reaolutke woe than put
rad aarriad, sod a vote of thanks to the chalnasa brought the
proceedings too dose.

TRH LITIA may.

After our report left yesterday, the opera-
Maas were brought to a etand-still by the bursting• of
a cylinder, followed by the breaking of sae of the
immenes riew chains, and finally by the destruction
of the grist cesb-winch, upon which the peeesa•e
one so gloat es to stave in the Iron drum or site. Theo
mishaps all occurred at the hied of the ship, and erase in
spite of the most tereful and skilful precautions. This end
of the ship, which la under the control of Mr. Prawn,
Captain Harrison's chief militant, hes been moat
admirably managed throughout, but nothing, It tm-
years, is strong enough to resist the inert force of
the Museum womb At one o'clock the pampa wart again
applied, bat no further movement oould be obtained, theosly
wait being that auftber cylinder burst, and another chola,
Iwo way, when further of et became impowible. Thalami
'Ash" that buret hying one of the principal ones, Mr. Heir
walk, lies master ship:4o,, was compelled to announce
that nothing more could be aria mpted for ►t lewd two or than
days. Mr. Robert litepheetwn ems down early, and re-
mised a long tiros in oonsultation with Mr. Broad. Dr.
Livingstone, the African unveil'', was also amongst the
visitors.

NOITTI NORTILAMPTONSIIIIII ELECTION.

The anted in this division has terminated in ths
mews of Kr. Marge Ward Hunt, of Wedenhoe, the con-
sweetie, neadlinla gatlisseurs having obtained a majo-
rity of 3311 la . ennellaraey of 3,900 registered slalom.
Mr. Itregserialt Vaasa, sea of the President of the Board
et 010011. let the bid sty at the eleventh bow% sad
under sialemelesene of scheme disadveratage, °slag to the
aeoletlei Ole el the , the arse. et pewter
ahem. sag time hub& el feepentican ter the
The eamseeet try at
epeateress spike
stilt deseere. beee esthely cee at prim** sal the
remit Ismeribeel berm weeettstarsrestag peep et ow
SWIM Os set doodle. Wire width the registered win be
- whemerl to the shwas, of the Metal prop

ORTITAL PALM- 011 BmuzJlG DAl'..
:MOM .4"27., 161"="28144$1. alill'

AIiULNA LtiSTO.-21i18 DAY.

Two o'Cloox.

The 'silvery share market to-clay is buoyant.
Neatly all descriptions have attained an improve-
ment. London and North Waster; stock is quoted
95 to : Great Western, S 1 to 62 I Lancashims
and Yorkshire, 911 to 921; Midland, 88 to j;
London and South Western, 441 to 45 per share ;
Great Northern, 2111 to 1; and Eastern Counties,
111 to 1.
Great Luxembourg shares have risen consider-
ably, being last marked 6;. Dutch Rhenish and
Northern of France are also looking up.