The Express.
London, England, 1850-07-24 00:00:00

ter"-Tind be—heltTriiroTtror-o—ln t • very d'aj when tnme
most have been agreed upon or an amicable arrangement
would hays become imprac.i.e.ble, it was felt Ly those en-
unwed with the negotiation that it was impossible
to bold out for terms which, under other circum-
stance, the strength of their case would perhaps have
jest:Sad them in demanding. Be this as it may, they believe
that the right to • large secession of revenue has been
secured, but the returns of the through traffic not basing
been rendered, and those for the cross traffic, to which they
are entitled under the alinement, not baying been adjusted
at the Clearing H. use, the half.yeerly accounts do not show
in any degree the effect of the arrangement. Under the
circumstances m which they tan been placed, the directors
have not felt themselves in a position to take effective mea-
sures to overeeme the obstructions the line has still to en-
counter at Derby and Manch , nor to obtain such facili-
ties at the junetious as would enable them to develop the local
traffic. They have been compelled to limit their exertions
to • vigilant superintendence of the arrangements as
they existed when the appointment of the Committee was
sanctioned, and it will be for the proprietors to determine
whether they will place that confidence in the directors
which alone will induce them to remain in office, and usable
them to accomplish these measures which are yet euential
for the attainment a..d development of the large traffic which
naturally and of right belong. to the bits. Tney are con-
scious that their strength and utility lie cot so much in their
own exertions as in the support which nu, be accorded by
the body of the shrreholiart, and they a•e aware that any
efforts on their part would be futile sissies. maintained by the
countenance and co o eration of toe capital and influence
which they represent. Notwithstanding the obstacles with
which they tan had to contend, • balance of 7.5601. is in
hand to revenue, exclusive of the sum of 13.4541. 1 Is. lid.
reserve fund; and although the direvon have not as yet been
enabled to ascertain with any degree of iiecuncy the amount
of their claims on the London and North Western
lisilway Company, they nevertheless feel it their duty to
inform their shareholders that they may propriety, if they
deem fit, declare a dividend of 1.. Gd. a share. Reference
his been made by the 001111111114. so :he 'Act of Incorpora-
tion, 10 Vie , cap. 16, sec. 115 -116,' as requiring an account
to he periodically laid b. fore the proprietors, which has
hitherto been omitted. It is pre •urned that this may be in-
terpreted into the provisions of the 8 Vie , cep. 16, sec. 115-
116, commonly known as the Companies' Claus s Act. These
provisions do not enjoin the exhibition wi'h the balance
sheet of the company to be peri.dically laid lief •rs the pro-
prietors,' of any account or estimate of accruing or future
liabilities,' but that the statement shall ezbilm ' the debts
due by the company at the date of making up the balance
/hest,' which direction was duly complied with in the last
halt-yearly report. The directors do net c.ocur in either
of the distinct and separate statements of the committee in
respect to the assets and liabilities of trot company; an), in-
deed, in putting forth a document of this kind the calcula-
tions must be, in • great measure, founded on estimices more
or less to be relied upon."
The directors then give the following statement:
To bepsldfor railway and canal, as per
statement
£260,14613 6
Call. twice pate, etc.
&nutty a 'counts in respect of revenue 18,125 911
Contractors
Sundry boni:hoisiers
Preference shares aividenci to Juin 30, 26 812 10 0
Revenue balance 7,460 0 4
Reserve for comet. d law charges
Depnciation fund, rail-
way .... £12,716 10 11
Depnciation ltuid, canal 73i 1 0
13,454 11 11

Total liabilities
To provide for which there an the fuiloniog assets :
Rouses, land, rails, as
per statement 110,531 3 5
Advances to oontractors
Local committees 2,193 6 6
Canal outstandinge, &c 26,400 6 10
Goods traffic than
klanker's balance, canal

railway .. 27,L91 14 7
Csllsinstrear.. 6,317 10 0
Interest .... 462 3 8 6,779 13 8 203,637 17 7

Bal►noo to rain► 133,949 8 S

There will also be the further hientiois tor the expenses of
the committee ut investigation, ',Lich may be estimated at
1,5001.
The directors state they are not prepared to adopt the sug-
gestions of the committee, nor to Ain't the accouna in the
manner proposed.

THE GREAT BELL FROM NINEVEH and upwards of
100 tons of sculpture, excavated by our enterprising country.
man, Dr. ',spud, aro now cn their way to England, and
may be expected in the course of S ptember. In adli:ion
to the Elgin, rhigalian, Lyatan, and Boodroom marbles, our
museum will 110,;111 b: enriched with a magn:ficent series of
Assyrian sculptures. The sculptures were shipp.:4 on bard
the Apprentice, at Morghil, en the right bank of the
Euphrates, about three aisles above the old ci'y of Bussorsh.
Alongside the Apprentice was the Nicotris ateaner, under
' the command of Captain Jams, I.N , whose it.duence with
the natives is most pawerful, and to whose assistance the
success in eff gulag the shtficult operation on the muddy and
deserted banks of the Euphrates is in a great measure attri-
butab!r. The Atturentlce was sent out Iron, this country
by Mr. Alder 'Lau biota,, at the instance of :he trustees of
the British Muss um, and to that gentleman an I Lit neshews
Messrs. Lyric'', the public are indch:ed for a periodical com-
munication between the Thames and the Euphrates.
Another vessel, belonging to the eldermin, is, we under-
stand, about leaving L radon, and it is hoped that she may in
like manner return home laden with the monuments.
ANOTHER INCENPI CRY FIRE AT HENDON.—Yen-
larday morning about six o'clock, the parish of Hendon was
thrown into a state nt oun.iderable confosian in cons, quence
of another fire breaking out, making the third that hes oc-
coned iu the same district within a w,sk. Ti., flames
originated in the rick-teed of the premises belonging to Mr.
Samuel Nicoll, known as Hyde .farm, and when diaenvered
were raging furiously in a stack of hay containing fifty or
sixty loads. The farm servants and labourers of the iitstrict,
numbering nearly state, set to work sod eventually succeeded
in catinituiehinc the flames, but not until one-third A the
rick was destroyed. From the part its which the tire c.-.m-
menced, not the least doubt is entertained but that it was
the work of an me ndtarr. Mr. Nic 11 was tusursd in the
H gal Exchange Firs dike.
'two BROTHERS DROWNED.—On Sunday after-
noon, about two o'clock, two brothers, of the name of Gibb,
were ;Downed in tie a Dee, close by the Incises, Aberdeen.
It appears that one of the lads went in to bathe, while the
other took a stroll along the bank ; that having taken cramp,
or being unable to swim, he telt himself in danger, and, call-
ing for help, his brother went into the water, but in at:empt-
ies louse Lim bath sank to rue no more. A third party,
who a itnessed the accident, m-de a vigorous effort to save
the drowning youths, but, although t e had ho'd of tne of
them by the hair of the head, he was obligtil, to save his own
tile, to let, go his 1142. The veungast we a years of
age, and the other twelve —Eainbu, yh Courant.
PROBATES AND LETTERS or ADMINISTRATION
(lnisi taLt
0A nni I
granted). h e
innu el
.roolend
1849. according to a meat return, has been respectively
iraroth4heleyseaarnsd 1
13.4771840f3ad,
3.367, 2,793, and 2,743 and the am tents of duty paid
82,93 W. 14s. 10.1., 73,493/. 13e. 10d., sod 73,8031. le. 6d.
8T fetal
.1;o ,
FIRE AT Sr. r ITT Ralst'llo. St. Petersburg,
July 16.—A latter from the Itussien capital s.y*: " A tre-
aiadauthseh:mr granted
dirertysh23o°
,Tribiloataidsefig
the river,
nragearinrh..fogrufirl.:obrirs: Lliouttlen onb. the
property will he immense. The wind is strong from suuth•
oast. 'The Sulphur Wharf, on the opposite side of the river,
has taken fire. Bhosed the wind dinette, the Tallow
Wharf, on Baud's Q say, will be greatly totlangsred."

• TALLOW MARK ET.—TIIIS DAT.
This market ii very quiet to-day. Without aoy farther in.
telligenco from St. Pstrnburg, the following prim are
merely aominal. Town Tallow, ads. 3.1. to 3,58, 64. ; pc.
tersburg Y.C. on the spot, 365. 9J. t • . bar to
December, 370. W.; ditto *vast, . to 3d.
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