The Express.
London, England, 1868-07-24 00:00:00

CIICABT.-(THIS 11.11.)

M. C. C. AND GROUND T. RUGBY ICROOL.
This annual match was commenced at Lord's
this day shortly after 12. The school won the
tom, and sent in Tobin, jun., and Gwyer, to
the bowling of Wootton and Captain Parnell. The
" boys" began well, and for more than half
an hour held their own against the bowling. Tobin was
badly run out, and this broke the charm, then there was
a terrible " rot." The wickets fell thus :—One, two,
and three for 60, four for 62, five and six for 63—a1l
these wickets went to Wootton's credit. The score was
as follows at 1 o'clock, when our messenger was de-
spatched
Itross.—Ftrst lustful*.
Mr. F. Tobin (mi.), ran out 29
Mr. S. K. (1,, b Wootton l5
Mr. W. a Nixon, b Wootton 2
Mr. P. Table (m.), b Wootton 0
Mr. S. P. Buelinffl, b Wootton 0
Mr. W. 0. Moberly, not out
Mr. P. H. Maitland, e Verelet, b Wootton
Mr. C. K. Fronds, not out 0
I,bo lO

Total

ATLANTIC AND GREAT WESTERN
RAUFV4E-(THIS DAY.)

A meeting of the members of the Debenture-
holders' Association was held at noon, at the City Ter-
minus Hotel (Mr. E. L. J. Rnsaisms in the chair), to
consider the arrangement made by the association with
the directors of the Atlantic and Great Western Railway,
the substance of which is as follows:-1. The
debenture-holders to take absolutely the 5,238,000 doll.
first and second divisional bonds now in trust. 2. In-
come bonds for an amount equal to the overdue di-
visional coupons, and the accrued interest on the deben-
tures to be issued to the debenture holders, the
same to be secured upon the overdue coupons
3. For the Erie and Niagara, New Lisbon, and Oil
Creek bonds and shares in the trust, and for the cash in
the hands of the trustees, the sum of 130,00 W., or
thereabouts, to be paid in cash. 4. Fos the balance of the
debenture claims, the debenture holders to have the option
of taking thopre rata proportion of 7,000,000 dots. of second
consolidated mortgage bonds bearing 5 per cent. in
sterling, on and from November, 1870, or the immediate
payment of 10/. per debenture of 1001.
The Clisriutes commenced by congratulating the meet-
ing on the improvement which had occurred in the pen-
tice of the debenture holders since the 14th of January.
At that period a scheme of settlement had been pro-
pounded which was not at all equitable ; and a committee
was accordingly formed to secure justice. Look-
ing at the ;subject in all points of view, in-
cluding the position of the railroad, he thought
the compromise laid before the meeting was the
best that could be obtained. Had not their demands been
acceded to the committee would have contested the
validity of the consolidated mortgage, and
such • course must have been attended withth*dt
culty it would, he believed, have bean sucoesdul. As
regarded • bill filed in chancery by the other side, it was
quite unsatisfactory. All the objections to the debenture
holders getting the just rights vanished under adequate
pressure. (Cheers) The committee struck as hard as
they could, and in as many places, in the hope of
gaining what they desired. Re need scarcely compare
the present scheme with that of a second consolidated five
per cent. mortgage, against which they would %eve fought
for forty years if (Cheers.) He San entered
into a number ofecessary. details connected with the pro-
posed arrangement, and in the course of his remarks said
it would of course be necessary to have three new trustees,
of whom he should be happy to bo one. (Cheers.) The
debenture holders bad given up nothing, and as
regarded the claims against the trusteese
were so heavy that had they been Persisted
in, instead of this compromise being accepted,
there would doubtless have been very great
delay. Be concluded by moving a revolution approving
of the arrangement entered into provisionally by the com-
mittee.
Mr. A. 11. MitLLACE seconded the resolution.

Yr. T1103:1•X congratulated the meth% .on the
corneas of the inhoure of the committee who
had actually gut blood out of a dune, that IN
cash from the Atlantic and I treat WcAem Railway Corn-
patty. (Laughter.)
After home diwumion' wa9 generally eulogistic
of the rommittie nntt of their propoeal, the rtmolution was
adopted, as were other. in furtherance of the object. •

Eltl:AT UM. —The aiinotwormout of the arrival of
the hianhattan at New York yeetentay web luau/got, the
Ammer being uow at Liverpool.