The Express.
London, England, 1857-10-30 00:00:00

011 LIT INDIALIF P4NINI.frf ;42 BAIL:Id?:

(TNI3 7)4 kj

This miming tie sixteenth half-yearly meeting
of tie proprietors was held at the Landon Timm ; Mr. W.I. ,
HAMILTON. Monism of the Board of Diretore, is 11111 chair.
The STCIRTAILT (Mr. T. It. Watt) read the tepee, which
morld
Natio the Awns of WiMounny. The MOLVIAMI mews
The enstansw, is MADviagtb. md.Peila of the
laid the interest which attached to evserthing eaaieted
with India at the resod day rendeied this meeting
cue of oatmeal haporhmor. end although this midevtalung
could not bmid to Me in intorest with the ,
oredlmp of the maim in the north. end the looms ,
oestensed by individoen in the dieturbed olistriete, he must ,
my • ay wards with regard to the bearing of recent events In
Lao ape the conspay's property. It wort be gratifying
to the worthy to hear that them events had Dot in any
onlorial degree alerted the company 's proceedings—
=r, hoor)—no Insurgent troops hem decietsted
works, and they had sot, as was the
are with smother compeny, wbne mailing wee
held oo the pervious day, to lament the Ices of any of thole
settes, energetic. mid hard-working oiticiala. (Hem, hem.)
The interfsvore which led taken place on their hoe we.
at • very slight and tramitary Character, sod he ho
it had aimed), mfo os& The °sly inrmittion which they bad
ape the subject wee castainad in • report trout the emi-
nences agent to their soperiotending cncieeer, Mr. Berkley,
M which be end " About 800 cam employed repeatelly to
the conveysnee of the eastern!' for pea.oaaet way, and
nearly ell them mod in brinring atones to our Midget and
the Pennell titen,heve been seirod sod mot to Hyderabad sad
4/m/Mbent; also the bodies employed at the diversions of
Oorpores, end I believe any at other places too. The
nemerial' • in the carts have also born left on the roads in
*Seem places." This ma, he repeated, the only mate-
nom that they Ind reward is the subject. There
wee worry moon to believe ILot the cootrector
would find some wine of suppl ing the lose
of Lib nu which bad been raat.ieed. la addition
to the details given in the report, be might tonstion
that .' minded contract No. 7 the pogrom mods bed not
been no satisfactory as it was expected to be. On satinet
NJ. ". from the top of the Moire Ghat to Potash •
distance of 40 milm, the Ibis was completed, and them was
scary rearm to expect that in the beginning of the spring
of next ;in, that portion of the line would
be open for testae. They bad • line hem Poonah
to ahoLapare which wee constructed by Mr. Dray,
who had lately bees in England. end that gentlosion Mond
that about 64 mass of the lion oommencingst Paomborvaid
be ready for meting in the swath of April mot year.
They could than have, In addition to the 88 miles al-
ready ern, 100 nay More the GUY available for public
traffic. The resenting portion of the line from Paola
to eholapore was prognesing satisfactorily. On the North-
Eastern Extonrice, the proems was not quite so rapid. The
satire roebucks who had undertaken to construct • par-
boo of the lies from Italian to the foot of the
Ohara, had got his plant on the pound, and was actively
Isespri is making arrangements for commenriag
opererimie end Mc Wier, tho eonteartor for the
twocozehoirjaLertiona (Nos. It and 12) had sent hence
s b
amount
of Amt., mil • large number of work-
men, end would won be busily •ed is the work.
The Mate of the line might, thereeor., in few word.,
he this described They had 88 miles er-stly opened •
thsy had madmen Noe. 8 end 9, comprising altogethe;
217 i miles on the South-Emtem Extrusion, man
contraction ; at which 100 Wks yield be opined
is the mere of next going. The contracts
la, 11, and 12, campeleing 224 mina from the fermium at
Mellon to Bhoeawd in Kandeleh, were let to costnietan
who wen shoot to commerce operations: and this. were
Argther matrons 13 and 14. from Ithoeiond to
M, re aurveyed and estimatid for . making alto-
-688 mass which they were prepared to ocatetreet.
hear.)
Mr. ?muscat:" mode some oboes radon upon the so-
oases, and requested to be informed of the tails of the
.ether-eight sass already opened.
The C At toms replied that the port of the Pitt mike, in.
cludiss rolling Mack, wee 779,3301., being 8,8061. per mile,
sod the nett peat yielded upon this outlay • dividend of
41. 17e. Id. per cent.
Mr. kit oozes impaired If It was true that the least India
Company held in heed soon 1,600,0001. of this company'.
ea . .

Mr. Averring, M.P., a director, replied that It One, sad
la making this reply the boo. umenber took the opportunity
d comnantiag upon the rime-eided nears of the contract
this crompeay had made lath the Feet India Company. It
scald weer have has contemplated that so lame a ewe as
keoo.ool, should remain in the hands of the &et India
Dosed for so long a period.
The report wee adopted, and Mr. Franklin appointed to
die vacua &editorship.
A vete of them!' to the chairman sad directors termluated
preosediais.