The Express.
London, England, 1868-01-21 00:00:00

L.._
creditors

each half-yen ive, by
services, such sum as may be.fiaral from time to time by
any general meeting. The apportionment of such rename.
ration between the severed directors Phan be from time to
thee determined by the board." In conclusion, the direc-
ting ogre to impress upon the shareholders that they are
is possession of a class of property which has suffered
revere depresaion, and that time and patience, combined
with united action, are absolutely necessary to enable •
successful administration of affairs. The directors will
continue to give to the association their assiduous atten-
tion and care, and in return they look for the confidence
and cordial co-operation of the proprietors. In conformity
with Article 117, Moms. Henry Paull, M.P., and William
Rennie retire from office as directors, but, being eligible,
offer thetneelvea for re-election. The auditors, Messrs.
John Ball and Robert Tucker, also offer thennelves for

NATIONAL SOCIETY FOR THE PROTECTION OT
Youxo GIRLS.—The following contribution am "Anew.
tedmd with thanks by the reerstary : Miss J.,55.; G. R. 8.,
10•; Anon, 51.:1..: per W. Hilton, N. ; a Lady, 51. ; Mrs.
Gordon, Si. 5e.; J. B. D.,10e.; C. H. Hamilton, 101.: Hon.
Mies Arlen, U.; His Dexatt, 11. ; Emma, fa. ; B. Bail,
M. Is. ; Mrs. Burls, M. Is.; Mrs. Hogoein, 2/. ; It. R. Eger-
ton Warburtoc,2/.; liev.W. Vernon Harcourt, N.; J. Hen.
shim ff. M.; Min Wood, 10s. ;F. H. Wood, U.; . Par-
nell, 11. Is. ; Mrs. Ryles, 51.; L. M. Shore, IH. Mies
Blyth,Reeve, H. R. and Mrs. Nor-
man, N.; Ugly Harrington, 21.; G. D. W. Dig by, Is.;
J. Lowe, V. 2s. ; X. 8., 5/.; Miss A. Grocer, 51.; XIS. Bur-
rell, M.; C. Foster. ff. 25.
THE GOTIONSIMHIP FOR WEST MIDDLESEX.—
flues of the gentlemen who were announced as oardicletes
fee the ccecaership of Wert Middlesex, vacant by the
death of Mr. Bird, have withdrawn their eamee—Dr.
Whitmore, medical offoer of health for Maryleboise ; Dr.
Holt Dunn ; and Mr. Isaacson, solicitor. There sre now
See csadidates in the Middlesex; namely, Dr. Hardw,
deputy comer for Central
Chelsea; Mr. George Brown, surgeon, of Renal-green;
Mr. Hand, solicitor, of New-inn (the late Mr. Bird's
deputy); and Mr. Walter, solicitor, ef Cliffordb-ien. No
dos ban yet bean appointed for the eleitioo.
Two GAROTTERS CAPTURED.—Yesterday 1110111-
leg two young men named William Johnson sod Thomss
Mewing were brought beftwe the ameistrates at
Arm Mau-
Mester, charged with • garotte robbery. Mr. itage,
, Stockport, said he had come to Manchester
trk yis:Ptter morning of the 16th instant, and saw the pit
.soners in • public:4lmm in Deenapte, at which he led
They followed him out, and near the corner of John-street
Manning veiled him round the neck, pressing his throat,
while Johnson stole • watch and 30e. from him. The
on his throat rendered him insensible, and he
rer orth. pavement. A policeman and tome witnesses
of the robbery pee chase and captured the prisoners.
The motet was found in Johnson's possession. The pro
sown wore eminnitted for trial at the mime
ATTEMPT TO UPSET A RAILWAY TEAM —OD
Saturday rimier. as the 2.30 p.m. ordinary train had pro-
seeded frame the Gime abitisH et the Dish North Weaken
Railway, and when neer Butiorbbridgs, Mout three mile.
frees Oavea, the gaud sad emehmdrirer observed • boy of
or 1 yeses el sole to • Nese en the line, with the
viewvie, Itt
is suppeee ts upset the Main, which could not
be stopped et the time It was observed, but was imme-
diately sitter. The boy woe then leavened, and after •
smart cease erreseed, and sow avails in custody to be
beimot up for examinatke et the petty sessions of Caren.
The Siege ap
se the train kneeled the done off the line, and
pmemened it from doing berm.
RAILWAY AND OTHER BILIS 311013 PARLIAMENT.
—Mows. Fevre and Parer% tho examinees of Mendi
eider preofeef the palinode presented far comiderstioa he
the eseamittem of the houses of parliament in this see-
doses, hold their fast sittings yeseseday, when the initialer&
tt.whish w facially fixed fee Saturday, we'proceeded
In Mr. Flare's somudicies, in ream 16, the standing
orders mem declared to have been Dom liegjetwith in the
ems a the unopposed Hawed ordvalet and the
Ilialse end aniatbied Railway hills,
_end also the cams
of the mimed petitions el the Worthing Gee and the
the
iWeeseford Harbour bile In Mr. Palgram's mart
a
Ihffiew_ing le wee treemseesel :—The semelingeases of
"alms
were, Niella hem been complied with in the
the unopposed Netlike' if the Reeelleid Waterworks and
Ingsweesst • the Bdebeawr-blolle stew ; 04
sod Aiseseshis bum. The consideratice
forilbt=li of tbilicellsgtmeMarket ancl thelfary.
sad has ees adjourned IMO this
"trams SIILITSO DAY.— Mott-
• JAIL 10.—AdadeMons en payment,B3. 2,167 ; &do
by ohm tisk*, 1,710; teeel videos, 3,8


NEWSPAPER
.0 .
CI 31
\-4.Nil . \
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ltd ~ ~.f....„,- 1,... ,
•
861/tidX9
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L.] (TWOPENCE , .
OPERAND, GURNEY, AND CO. it • 1
..0.--
Messrs. W. Turquand and R. P. Harding, the
liquidators of Overend, Gurney, and Co. (Limited),
have issued a statement to the shareholders and
creditors showing the result of the liquidation
and the outstanding liabilities and assets at the
31st December last. No commercial failure on
record being entitled to rank with this one in point '• t
of importance, we publish in another column this , .1
statement in full, together with the accom-
. . .
panying accounts. It is satisfactory to
.
learn that there is no longer any doubt
'
as to the outstanding assets being amply sufficient •
to discharge the indebtedness of the company in
full ; and the liquidators remark that "if forbearance
on the part of the creditors could be ensured, that
desirable end might be attained without any. ,
further calla being made on the contributories."
At the date of the suspension of the company the
liabilities amounted to 18,727,9151. 13s. Bd. On ~
the 26th February, 1867, the date of the liqui- 1
&dors' last statement, they had been reduced to
3,640,6561. 16e. 7d., and at the 31st December
last they had been further reduced to 1,190,8551. I
' 4s. Bd. The total value of the remaining assets,
' as now estimated, is 1,681,2211. 4e. 10d., being
i
, 618,3611. 115. 3d. in excess of the balance of in-
, debtedness exclusive of interest. The total 1
amount distributed by way of dividend or other-
it wise has been 3,796,2061 3e. 6d. The cont ribu-
( • I
1 tones (omitting the members of the late firm, - -
t who held 8,323 shares) are 2,219 in number. 4
I II
t To this date 43 persons on the list, holding in the 1
t aggregate 2,289 shares, have become bankrupts or 1 '
l
t have executed treat deeds, and evidence of inability 0 1 ,
to pay in full has been furnished by 151 more-
-1 ei
From the separate estates of the several partners
~ in the old firm, the total of 464,000/• has been l' ',l
a available towards satisfying their guarantees • and
O it is estimated that a further sum of 432,2231. will I
t be realised. From the "suspense and guarantee
11.'
SI
',... account," 253,039/. has been obtained, and
.e 432,6761 is the amount to be realised. The liqui-
-I_, (W Baton state, in conclusion :—" Although the t
I. nature of these assets precludes us from giving any ,
t' distinct pledge as to the dates and 'mounts of
I. future dividends, we have reason to hope that by
- : 1 I
,f the end of the current year very nearly the whole ,
ka of the indebtedness of the company will have been r
le discharged."
10- s 1
_ . . .
It THE LONDON FINANCIAL ASSOCIATION. .
er
of The directors of the London Financial Associa-
de tion (Limited) have this day issued the annexed 1 1
ad report, in anticipation of the half-yearly meeting 1
as convened for Monday, the 27th inst. : ! l''.
ea The directors beg to present to the shareholders the 4 ,
ea statement of accounts for the half-year ending December
ea 31,1567, in continuation of the accounts submittud•to the
s, proprietors is July last. In deference to the wishes ex-
i ' 1
is premed in the report of the committee of consultation, the
t ; sum formerly standing at the credit of " special suspense
en account" has been restored, so far as regards unastertained •
of losses ; sad there now 103111111* a balance of ..2,9311. St. ltd.,
I
old which it will be observed is deducted from 'be total of
.•••
4th loans, investments, and current accounts. The liabilities ,
.
old now amount to about 240,00 W. This sum includes the .
of balance of liability for calls on shares held by the associa-
ley tion. The board are hap 7to be able to report in times of
se{ railway difficulties and went like the ptesent, . .
p that much real progress has been made in improving • .
irk the securities under their charge. During the year 1567
of seven railways in which the association is interested to the
&DJ extent of 400,000/• sterling have been opened for public
illy traffic, and aft in actual operation—an imp. rtant result , .
But obtained by the expenditure of a comparatively sinall sum
we the part of the emaciation. The &rectors were glad to • ,
Ha- and that the reoonimendations of the committee of share-
the holders are in unison with the views of the board in ,
x,.. making an additional outlay beyond their actual obliga-
tions where absolutely necessary. The boat.' will continue
Lie, to adhere to the policy of developing cod improving the
void properties of which the association has become possessed,
any until the income derived from them may be applicable as .
hies dividend, and the capital invested may be advantageously 1,
one realised. The attention of the shareholders is called to
ities the fact that, owing tenon-payment of calls, 2.734lsbares • )
they have been forfeited. Under the articles of association for- I
ahhe felted shares may be sold or absolutely extinguished b 7 the
The board, or they may be replaced at any time within
eorn twelve months of forfeiture, at the discretion of the ! •
g board, on payment by the defaulting shareholders
tu
New of the calls with interest, and of a fine. In order to carry i I
esed out the resolution adopted at the meeting held on the 21st
some of January, 184:7, a resolution will be proposed to alter 4
,
cient Article 127 to the following effect :—" The hoard shall in ,
,
!ham each balf-year receive, by way of remuneration for their i
the,