The Express.
London, England, 1861-05-17 00:00:00

GREAT SRI? COMPANY.-(THIS DAY.)

A preliminary meeting of the shareholders was
held at am o'clock. at the Loudest 'ravens, Mr. W. Mem%
chairman of the beard. presiding. preparatory to the ilffisiol
meeting to he held on the 31.1 instant.
The CH URVIAN sail the presence of so large a number of
shareholders showed that no apology was beaded for coeval).
ieg that meeting. The difficulties which the directors had
had to encounter since the last meeting were of no ordi-
nary descriptions. That difficulty which fell upon them
like a thunderbolt at the eleventh hour, when they thought
they had secured coefideoce out of doors, and was ao ob.
Made to insurance at the ordinary rate, was the most serious
of all. The decision of the Court of Common Pleas in-
enema their difficulties, hut, notwitlinandieg that, they
seseseded In iseuring the Alp somewhat above the
ordinary rate. They were determined that if possible the
ship should sail on the day specified, hut are immediate
result of the decision to which he referred wee a (restless
of receipts from parmesan. Their case with regard to
Mr. Ruiesll'a award was placed before them is such a
light that they felt bound to eppeel against it
&woe the appeal was decided against them thee
had hem blamed by some for having appealed
at all, sad by others for not having appealed semis. They
endive! for lane to appeal, hut it was refused. He them
read the shorthand writer's note of the opinion expressed
by she Lord Chief Justice in the Queens Bench, with ro-
ped to the srl,itration, in order to show that the based
we Justified iu appealing. All the attempts of the directors
{online moeev after the derision were onaveiling, and they
ware obliged to appeal to Mr. Rumen to allow the ship to go to
sea. Mr. Rumen might have brought the ship within a few
days to the hammer, but he had dope nothing to increase
their diffieulties. After much consideration the board
raised 8,0001. among themselves for immediate pay-
ment to that getitleoran, leaving the remainder of
his claims, to be provided for by • se-
cond moriquer on the ship. The vemel west to sea on
the let of May, sad rover did be feel greater pride than
whoa he mw from another ship which seeempeand her
for a yaw miles out togas, the noble manner in which she pc.-
..Medea Internam,. (Laughter.) Yes; he was preside, bee ;
sad be believed that whatever might be the case confiner.
cially the proprietors would yet be proud of her in a na-
tional point of view. The queatbm had arisen whether
she might not he usefully employed by the United States
government. He (the chairman) at first thought that the
peoelties of the Foreign Enlistment Act were not likely to be
enforced; hat aftertheappearanoeof her Msleaty'sprochuna-
ties he was not prepared to my that she could be chartered
with impunity. A question would be pet to the covernmant
that day by Mr. Heartalt sad the would be yore im-
priest ; but, whatever it might he, the beard thought that
If the ireesel were chartered before the proclamation wee
received in America the penalties weld be avoided. The
terms on which the vowel was to he offered were such se
would afford • good retina, bet from informa-
tion which he had lately received he feared
they would not be accepted. As regarded their
present pecuniary difficulties. he felt that the beet mod* of
meeting them was to endeavour to raise 35,0001. at • rate of
iabirest which would eneure the money. 26,0001. had bees
premised already. Of this the directors, who were sew
only four in number, had subscribed 12.000 f., Mr.
=MOW, and the Rev. Mr. Nicholson 3,0001., and he
feel much regret if the meeting before it separated
did loot make up the remainder. (Hear, hear.) The ship
would probably be in Liverpool within a few days, her
speed Wag such as to justify that anticipation, sad
it was for the shareholders, if possible, to prevent
a forced mi.. (Hear, hear.) There were now chances
of the vessel being disposed of at a fair price, if not to their
ewe geveremeat to some other. He should deeply regret
the asiresesne of officio( her to a foreign government, bat
Mt
t ight beetl es moormary. (C Rev. Mr. Niexotsox concurred in the chairman's
praise er Mr. tßoseell's recent conduct. He hoped the
vessel would aid be sold. (Cheen.) If they kept her they
would realise • great success.
Mr. Norrox wished to know before be subscribed any-
thing towards the 33,000(. whether that aerostat would
reset all claims.

add the whale amount claimed id
the beard was 37,0001., bet that included • elaim
el 5,8001. from Yr. Pa , which was under legal
arbitrating, and would, he 6eiined, be weedy redoes&
WOOL included every =pesos up be the 301 h of Jaw
Yr. T. G. TATLOa trueled that miry pones Frond
wesid, if pciailds, subscribe hie properties the 35.0001.
The meeting hairisg been cerreesi imply to mire the
&rectal, by the explasatiess gives, Is Wing the required
sum, there wee so forma rearistiee.

The Grsnd National Archery meeting is to be
bald as Aintree Raciecoaree, mar Liverpool, seat Ally.