The Express.
London, England, 1868-02-06 00:00:00

METROPOLITAN RAIL* AY.

After our report left yesterday,
In reply to a question, the CHAIRMAN said it was not in.
tended to go on with the Snow-bill Junction unless satis-
factory arrangements were made with the corporation of
London and the Chatham and Dover Company. The share
of coat falling upon the Metropolitan was 15,0001. An
arrangement had been made with the Midland for a tunnel
for a double line under their proposed hotel, for which
the Metropolitan was to pay 6 per cent. on the cost when
brought into use.
A iiiiaarnui.imit, in confirmation of the chairman's
statement, said be bad been employed to offer for premises
belonging to the company, now producing 80/. a year,
220(., and to lay out 1,600/. upon them. lie believed that
the surplus property of the company would produoe at
least three times what it was put down at.
A SHARRHOLDER suggested that, in order to show their
confidence in the board, they should pass a vote of censure
on Mr. Bloxam. (Hear.)
Another SHAREHOLDER urged that before that WM done
they should wait to see if the Vice-Chancellor, who had
endorsed Mr. Blexam's view, wee right or wrong. He con-
sidered the board wrong in charging the interest on the
extension debentures and half the directors' fees to capital,
which was practically creating a debt they would hereafter
have to meet. He asked whether the Tower-hill Extension
was really to be carried out, and if so whether they had the
funds in Una for the purpose.
Mr. Bogs gave credit to the board for having employed
the capital in that way which was most beneficial to the
company. He endorsed the chairman's view as to the
probable increase of traffic, and added that they might
expect a considerable receipt from coal traffic which had
not been taken into account. He hadunbounded confidence
in the board and in the future of the railway, and he
denounced Mr. Inoxam's attempts to injure it, expressing
surprise that he should have ventured to attend the meet-
ing. (Cries of " Point him out," " Show him up," and
" Shame.") . .

The CHAISM IN recommended them to leave Mr.
loxam, who, he had no doubt, was well paid for what he
bad done, but could do them no more harm, alone.
((bean.)
Mr. NASH recommended the shareholders to hold their
shares, and leave Mr. Bioxere to himself.
Mr. Serjeant T. ATKINSON believed the bear operation
of the Stock Exchange would fall back upon the Stock Ex-
change itself, and the old maxim of dog feeding upon dog
would be carried out.
A Stiatten,,Ltiza expressed a fear that Mr. Blesses
proceedings would occasion great expense to the company.
Another SHARZHOLDES wanted to know whether this
omnibuses between Portland•road station and Regent-
circus, which could not pay, we)e to be continued.
After remarks from Mr. RETN.)LDB, Mr. PAKILLS—the
latter in support of the course proposed by the directors in
paying an ad interim dividend of 54 per cent until the
question of the apportionment of charges to capital and
revenue respectively was finally settled—and other share-

holders,
The CHAIRMAN replied generally that be could not soy
when the capital account was closed until be knew whether
the Tower-hill extension was to be proceeded with, and it
would not be proceeded with without the full consent and
concurrence of the shareholders. He bad no doubt that
the charges in question were not properly chargeable upon
the undertaking now in work. The St. Joha's-wood sub-
scription stood thus :—He told them in August it would
nut be necessary to treat the 600.000/. capital for that line
as other than a loan, as the stock they held in it would
be sold ; but he had since found that Lord Redesdale bad
struck out the clause euipowcring thelll to do eo l bat they
would blow Mtn:. Omar ktutrahteed for that capital when
!hied. The omnibuses were profitable.
The resolution was carried unanimously.
A resolution was adopted, authorising an appeal against
the order of the Vice-Chancellor in the case of Hism
r. the Company, and adjourning the meeting till the 11th
of March to receive a report of the result. The ad interim
dividend recommended by the board was resolved upon,
and authorial was given to raise 200,000/. by debentures,
and the retiring directors and auditors having been re-
elected, the proceedings of the day terminated in the
usual manner.

FENIANIBM IN THE ROYAL MARINE ARTILLERY.
—Yesterday morning a general court-martial, presided
over by Colonel C. L. Barnard, Royal Marine Artillery,
amembled at the Royal Marine Barracks, by order of the
Lords of the Admiralty, for the trial of Corporal Thomas
Buick, 11th company, Royal Marine Artillery, for having
attempted to administer a Fenian oath, and making use of
language of a seditious character. Lieutenant-Colonel
J. W. A. Kennedy, Royal Marines, and Captain G. F.
Blake, Royal Marines, barrister -at-law, officiated as deputy
judge-advocate, and conducted the trial. The charges on
which the prisoner was arraigned were—let. For having at
Chatham, in the taproom of the White Lion public-haw,
High-skeet, on the 15th day of January, Ig6B, made me
of seditious language in saying, "Is there any one here
who wishes to join the Fenian brotherhood? It there is,
let him come outside with me, and I will swear him in,
and give him a sovereign. I am • head centre myself,
and I am not ashamed to own it;" or words to that effect.
god charge. For having at Chatham, on the 15th day of
January, 11168, in the concert room of the Golden Cross,
High-street, Chatham, made use of seditious language, in
saying to 33rd company Joseph Wheatley, private, Royal
Marine Light Infantry, " I'm a rank bang Fenian, and you
will see this country ruled by three governments, and that
they will fight and ant one another up to bits ;" or words
to that effect. A number of witnesses were examined,
and the court adjourned.
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