The Express.
London, England, 1850-02-26 00:00:00

loa•
th Welk Comp my) teeeld be retpeasible in the "teeter
the criainsi "mesa net haft eendsel late eau.
Mr. BARIA.I W. • direrer. nes abase to seem sone abort.
mistime, bet the shartholdem having uprooted diesati.factioa
et his ciJde of proevoring, lei stated that he could not
attempt to Cif* them say taformation U they sought to pet
him dawn liar elausair.
Major COURT said it woe trite akar heaths eat of par-
liament that if the lime be limited to Wicklow, • distance el
23 mike. leotard et being carried to Wexieed, 160 miles, the
South Wales Compsay, cc wall as the Great Western Com-
pany, would be exonerated from all reepenaibility.
The CHAIRMAN said it was with great egret that the
direet vs were compelled to withdraw *OVA their istenthe
el aiming tho lie, to Wexford. They had, however, met
with so mach oppeition and so little patriotic feeling is the
minatry that they had determined to take the line so fur
than Wicklow ; snake was quit ewe, from the kuw.
ledge he possessed of that part of Ireland, that no line
would pay h they than that which they now contemplated.
M.. BAKER inquired whether the directors had satered
into any sootracts for works beyond Bray Hied ?
• a answered in the negative,
Mr. BAKER proceeded to sumgeet that It would be better
fier all park.. to unite together with a view to complete
the line to Brav, rather than give enctursgement to lit. a
WO or iquabdino.
Maki COURT said, that in °edgy to bring the discussion
to • point he would propose a resoluta& to the following
effect.
"That a committee of investigation be appointed to
examine into the state of the accounts, the number of bona
fide shsreholdess, the resources which may be available for
the complete mention of the an, from Debits to Wkklow,
and to ascertain in what =thaw It may be expedient to
limit the extent of any farther monition of the Mae, mo
to attain the moat beneficial results, with refereuu to the
throne outlay as well r tithe fats» espenditare, sad that
the commute., in their report, be at liberty to express any
opinions they may form. rot only with reference to the
limitation of the line, bat also to the policy of shandoeing
the pr.-j-ct eltogether, and until the report of the committee
bI3eDOVETON sred the s
econded tiptoes be saspended."
Sir the motion.
The directors were then requested to state whether or not
theworld agree to this resolution ?
CHAIRMAN said they could not contest to se
oweepiog a resolution as wee now proposed.
This slower on the part of the Chairman produced some
little excitement amongst the shareholders, and • discussion
took place. In the muse of which
Mr. REYNOLDS, M.P., addressed the meeting. He
approved of the propoiidon to carry the line from Dublin
to Bray, and from thence to Wicklow. The Has would
pus through • beautiful " villa district," and the 'company
would derive some advantage from the mineral redactions
of the aunty Wicklow, which it was well known were to
be transported to Swansea for the purpose of being smelled.
Be (Mr. Reynolds) reminded
shareholdersth meeting that by the
pureed limitation the would have to support
a capital of 500.0001., instead of 2,000,0001., the moth,
originally subscribed for.
Mr. NASH then &abased the meeting at some length,
and produced • variety of documents to prove that the
conduct of the directors had not been satisfactory to the
great body of the shareholders, and that the proper course
for them to adopt was to abandon the scheme entirely.
There was no necessity for proceedieg with the project ; and
he was well mound that there were not more than 10,000
shares at presentee the register. He produced a large packet
of letters whisk had bora received from persona who had
withdrawn their puppet from the undertaking ; and he
stated confidently that there was no protases for saying that
the line would ever yield • return for the capital invested.
Several qut 'dons were then put, with a view to ascertain
the numb. r of shares posesseed by the directors.
Mr. NASH mid he was in a position to give some informs•
lion upon this tibiae'. The shares pummel by Lord Stop-
ford, one of the directors, amounted to five and although
his lordship suffered two years to Mapes beget he paid the
calk, he had never been required to pay say Interest, the
contary being the fact in reference to other parties. (Cries
of " Shame, shame ;" " It's too gross," Ac.)
After some further speckle and exdamatioes, the object
of which was to impugn the proceediegyof the directors, the
theolatioe was put to the vote and earned by • large majority
—the only dissentients being Mr. Reynolds and the di:lc-
kes.
The H n. Mr. PONSONBY then demanded • poll.
(Cries of " Oh, oh !" "Shensi, shame I" "They are treat-
fates as they have always thee before," Ac.)
The CHAIRMAN pawned to adjoura the meeting until
=l5, la eider that the result of the poll might be as-
The meeting was accordingly adjourned, and at the ap-
}misted time the datum announced the numbers to be-
-162 shares (54 votes) kr the motion ; egiiest it, 1,423 shares
(fooled*/ proxies), 380 votes.
Comiiderahle disapprobation was expressed at the evoke
adopted by the directors in allowing a resolution, passed by
a Immth "Watt, if the shareholder' pretest, to be *earth
• tea by realm
The CHAIRMAN at length proposed that the report of
the Menton be received.
Mr. NASH maid he bed other amendment to propose.
The CHAIRMAN said he could not take any more
amendments; sad the question es to receiving the report
was lets to be decided by a poll.
Great hottest= was expressed at the coarse adopted by
the directors-in this particular. The matter wee, however,
proceeded with, and after the lame of • few Waste% the
Chain's* uncouth that the numbers in %vow of the
rapers were 1,575 shwas-434 votes. There Wag ao votes
ilsederth oxthe ceetrary aide, the report wee deslared to he
mewed. The meeting was then adjourned, and the direc-
tion retired amidst the most clamorous disopprobat ea from
the shareholders, and Mr. Nash hiving been voted into the
salt a resolution wee adored by the few proprieton who
r,maiaed, stating that " the directors had boa guilty of •
derelict n of duty towards the sharettolden."
The proceedings then terminated.

LONDONDERRY AND ILINISKILLEN.
Yesterday the half-yearly meeting of this company
was held at the dices la Coleman-street-buildings. Mr.
Taileaaert took the chair, is the absence of Mr. Clay, the
chairman.
The lIIICRITARY reed the report, which stated—
" That Marla( the half year, which penally bee not wpm
favourable to the development of railway waft, the reeeipts
have beau 'somewhat better thanfor the oorrespoeding months
of Let year, while the expeditors has been caseiderably
Wooed le tampered with that period. Knowing the
fm-
to the *ropey of twigs the lip eztraded to the
at Londemderry, the directors, in pompano of the
Intention intimated in their last report, had stared into •
eentract for this work apoa terms highly advantageous to
she company, sad by which the works required for tkis oh-
Jest—being thremquarters of a mile of railway, and the ?er-
mines( stone buildings both for passenger sad good"' statons
—will be completed et an experts not exceeding 8,0001 The
ammo. of Mr. Leishrean's award remains unliquidated, at
the sum of 15,8741., and for which the directors would have
been i to deliver the debentures of the company,
to the agreement with Mr. Wilma's. Up to the
pregame be has refused to take the debentures, and has
sensed promedinp, which are still pending. After
Ilselmadem era dividend, at the rate old per sent. per annum
ipso the halt shut.% the directmerearromend that, out of the
simples remaining at the credit of profit and lose, a further
sum of 8001. be added to the fund reserved for depreciation
end repleosmeot of pleat. The directors have renewed their
applications to government for loess, as yet without effect"
-The CHAIRMAN moved the adoptim of the report,
which was passed mnenimoul7.
The CHAIRMAN said Mr. Leiehrisen bad been paid
15 0001 of their money, end now he sassed to take their
bonds for the remainder.
After some couversation in which Sir John Campbell, Ilk
Robert Ferguson, Mr. Bates, Mr. Tyrrill, Mr., Sposkimeme
end others took pert, a sum of 6001. tom voted to the
directors.
The meeting was then made "pedal for confirming the for-
feiture of several shams.
A vote of thins wee passed to the directors, sad the
meeting adjourned.

LLYNTI V0.3.22.—Th0 atatessont of acarouitc to be pro-
mated to the lialf-yoarly awls' oa Thanday shows that as
tko capital soma. 76,4981. lad beta received ca
Gallo sad diginsita, and 39,2201. cm mortgages, satin a
Meal of 114,7181., of which 92,5201. had bees peid to the
Deep sad Perth Cawl Railway, and 18,5961. an other
web, salami the total expeaditaire 110,2151., sad loaciao a
Mimes of 4,6911. The novenas amount chows that 3,7741.
to bees resolved daring the gent half-year, sad 2,4761. ace-
rt,loaning a balance of 1,2981. The divielcad will be
.! For OM.
Firiscs RAILWAY To.—The th• lad
Mum 41 the pass negp of sitteW
stoorsog.—From rad, Is Pett.-18: hellsOON•148,11;.; pock
11211elLtetal. 3111JMU.
Fria re 18 to Tel to: Inainotra, 1111,4114111.; goods,
111.11171.; lota, 144.8731.
Ilavaa.—Fram Tab. 10 to Feb. le : ramosors, 17,1•71.; pods,
OAK; Wed, 34,7101.
Ossaams.—Fren Feb. 11 to Feb. 17: Perform ANIL; goals,
le=l4Bo, 163,2941.
n.—Fren Feb. 10 to Feb. IC: rommiore, Woe; poi%
Ur* ; rut. amort.
toostit.—rron rob. tt to rob. 17: Paserion. 284141.1 Pedst
PAW
lhb. 11 to Feb. 17 Prengies.lB,l7ll.; peas,
7,1111.; total, PAIN.
Deese.—rm. rat, to to Feb. te rase.-., 9,5511.; do"
11,1011. ; Utak 14.11351.
?UMW,. —ram lo\ tto Feb. 16 re-se.-e, 11,1101. ; pods,
8,4111.; total, WNW.
grasseoso.—Frtea Feb. 4 to 174.10: Prossists, P,6111.; peas,
; total, 74,7141.
81assteLuis.—From Feb. 6 to Tab. 11; Postespn.ll,lo7l.; pods
total, 44,1711.

1160111 L ;

DUBLIN BIESl26.—(Prom the Freeman's Amend
of ge.b, 2.s4—Grest Boatkora sad Western, 281; Pre-
forms shim, ; Midlaad Great Western, ; Dabga
sad Drogheda, 2611; Dublin sad Belfast Auction, 6; Das.
dslk sad Enal•klllea, 64; Waterford sad Bilkettay,l9 yi
Hibernia. Bank, 27 ; Naloosl Bask. 179 ; Posissalsr sad
Orier•al Swat, 794; N 61106,1 Imillato C9•1413i s2ll
;
Patriotic looirsaos Coupon, 71 ; Wicklow Copper taw,
13 ; Main Cossysay of Irthad, 64; Alliaass sad Co.
sawn Gvs, by 6; City Tow par Coat. Dsbostato, 76f
asw, 714 ; Ballast Dslcsaturs , 94y.

INDIAN Taorniu.--11ii Lora ot tire Teemary
laving neriaml • eemarsietlea Ihst • Sikh sea,
Thai an %alma et the bade et Gleernee. Ye beta per
read to the Eat, et Inieabereasi aindr
the Werke Cushy, Iltek him mord •
au tot, me et the eseedoke to the OD did= I"
prow sametitat el the maw W give diesthos ibr fie
iroe deliany the add pa, While le sal= at the
911111114.111.19 Soleimm Wilms