The Northern Daily Times.
Liverpool, Merseyside, England, 1857-05-12 00:00:00

when the concern was taken from Mr. Jackson it was a
bad one. How a
_premium should have been paid for it
he could not understand.
-The Chairman.: Why you said before that I was in
• receipt of £6,000 a year from it. Was that a bad thing ?
I tell you I regret I ever handed over this company.
Mr. Laird: I said it was stated you were making £6,000,
but the first published statement of the company only
shows -CIA:KO. I want to know now the amount of the
capital expended in the concern. - •
• The Chairman replied that they were prepared to justify
their expenditure before the prop r tribunal, but declined
to give a detailed account, which might be prejudicial to
the comoanyn
Mr. Laird denied tbat such information would be pre-
judicial-to their interests.
Perinea said he thought the directors who had the,
management-of the concern justified in refusing informe-
r Lion which they might think would operate prejtrdicially
against them. It was a thing that was d. ne iu every
c yn ean y. A sharellorder'might pritately.get the informa-,
tier, but then he could hot use it to the injury of the corn-
patv. On the other-hand, if it were given at that meeting
womi become public property.
a*. Laird said he agreed with the chairman that it
L , would be better to settle all these matters down here rather
than in London, but he thought the commissioners had
ma be the only proposal which could be binding on both-
parties, namely, arbitration.
Mr. C,,ok observed that he should be glad if the com-
missioners:bought the works and paid for them the full
value ; bat there was one statement which he thought
should be first corrected' by the directors as to the cost. of
the works. Mr. Cunningham stated at a public meeting a
short time since, that not more than £55,000 had been laid
out on the whole works. Now, he wished to know what
was to be said to that. statement ?
The Chairman replied that Mr. Cunningham's opinion
was not worth twopence in the matter. He was a new
comer in the district, and made his statement the means of
an advertisement.
Mr. H. C. Beloe observed, as well as we could under-
stand, that, even since 1841, there had been an expenditure
on the works of £BO,OOO.
Me; Bennett urged that arbitration was not a fair war
of purchasing the works, and that it was not even agreed
as to the body to whom they ahottld be passed. Let the
commissioners make a fair offer,- and then they might
tlthtnit to arbitration. "
Mr. Stitt said he should be sorry if it went forth that
ttse• intended to increase the price of pet It would be
Well if the chaigman were explicit on that point.
The Chairman replied that they had no intention to
increase the price. They only mentioned it in their report
to show that they had the power of increasing the priee_a
• power which, of course, should form an element in the
arbitration.
Mr. Perrey agreed with Mr. Bennett that the company,
to be useful,,, should not be solely in the hands of the com-
missioners. If it were so, what.was to become of Tranmere
and the other out districts?
The Chairman said it was not imperative they should
proceed with the bill this year. They had £7,700- unex-'
Derided capital, and he had no doubt they could carry on
for two years longer without going to Parliament. He
should however, again state that
.he would not submit his
Property to be valued by any individual, and that he would
not accept the arbitration offered by the commiesioners.
Thee. were going to spend £2,000 on the gas works, and
6e2,000 on the water works, but the great question of an
increased supply should be, postponed. He was satisfied,
however, that ihe bill-would become law, and he had no
fear of any enquiry. As to the purchase by the commis-
!loners, he wee informed by several who attended the pub-
lic meeting, that they did not wish the commissioners to be
the Ptrchasers. They wanted a consumers' company.
Mr. Laird observed that they all knew that a consumers
company meant eventually a private company. Those that
he met at the meetfag spoke in favour of the purchase by
the commissioners. In conclusion, Mr. Laird moved that
the report be not confirmed, except that portion which
related to the appointment of a committee.
Mr. Cooke and Mr. Perry also supported the amend-
ment, but, on its being put by the Chairman, it was lost
by a large majority, Mr. Laird, Mr. Cooke, and Mr. Perry
alone voting for it.
The Chairman then moved a resolution as follows:
That the chairman, William Wagstaff, Esq., Robert NI allaby,
eel Richard Bryans,: Esq.,' be appointed a committee to take th
direction of the bill now beflre parliament, with power to consent to
such Alterations as they may doom expedient, or in. their discretion to
w,thdraw the bill altogether,
_ve as Mr. Laird said he coed not assent to that, and should
eno
' h amen 'Lnent that it is desirable that the bill
711: Id,,,he. w...;ndrawn. •
hairtnan: The- company cannot consent to with-
int -.law,
the bill, as it `would be endangering their own
eee • ~ .
BfR, espeetaity er the opinions that had been ex-
pressed at the meeting of the rate-payers.
Laird conceived that it would be for the interests
of all parties if the bill was withdrawn, as it might facilitate
the committee's proceedings.
The Chairman said he for one would never consent to
the withdrawal of the bill, under the present aspect of
affairs.
Mr. Laird believed that the going on with the bill would
prevent the committee from arriving at a conclusion.
Mr. Bennett agreed in that opinion.
Mr. Perry : Then 'it may bs considered as a declaration
of war.
The Chairman : It is either for war or peactv—we are
prepared for either.
home conversation then ensued as .to the time when it
was expected that the bill would be before the house, but
the Chairman replied that it was out of the power of any
Person to fix a time for that, as the bills would have to be
grouped, and there was no doubt but that it would be
grouped with the other gas and water bills.
Mr. Bryans said if the committee had decided positively
that the bill should be proceeded with, he should have
objected to it, as he would also hare done if it recommended
that -it should have been withdrawn; but there was a
discretionary power left in the' hands of the committee,
who had the power of withdrawing it, and after the com-
mittees had met, perhaps that might be the course that
they should recommend. •
The Chairman said that that was a very fair way of
meeting the subject, as the powers given to the committee
were purely discretionary.
Mr. Stitt thought that the company, having declared its
intention of going en with the bill, might expedite the
Isett2ement of the question.
es
',tr. elennett n The best way to preserve peace is to be
P:ineared for war. ' •
The Chairman We are prepared for either peace or
van but, in justice to ourselves, cannot withdraw the bill.
The original resolution was then pat and carried
almost unanimously.
The next resolution, which was as follows, was, after a
short conversation, unanimously adopted.
That the resolutions of former meetings declaring dividends on the
new shares be rescinded ; and that the neces!ary rectlficat:ons in the
company's accounts in respect or dividends and interest, be made
accordingly.
On putting 'the next resolution, which referred to the
anpoiniment of djrectors, the chairman said--the three
directors of the company, were himself, Mr. Jackson, jun.,
and Mr. Mallaby. In the place of his son, he should
Move that Mr. Bryans be appointed a director.
Mr. Bryans declined to serve, but, it being stated, that
to other gentleman had the qualification, he assented, and
the resolution was unanimously adopted.'
Mr. James Whittingham was re-appointed an auditor,
the Chairman expressing a hope, that very shortly, some
other shareholders would be qualified to perform that
office.
Some other formal reso'utions having been unanimously
adbpted, and a vote of thanks passed to the chairman,
the meeting separated. , •

Tuts C A isrFoaNiaN PEN.—The everlasting quest'en s f " is this
good pen'' has been answered by Mr. E. T. Hail, of South John
Ere t, who has succeeded in Producing a metallic pen. which he
tiesignates, not Inaptly, as above. There is hardly anything more
arioey;nis than a had pen—every one knows the n&ery. The pen made by Mr. Hall, is fit for any hand to use (light or heavy), and
what is of the greatest value, it does not corrode, but will work with
earal facility in any ink. From experience of metallic pens, we can
.i',' that this one, which is polished as gold, and will last nearly as
',""g% is the hest one we have ever used,—Northern Times. One
'wt. containing a x dozen pens, sent free on receipt o; 2s 6d in
Itostlr-e stamps Agents wanted for the country.—Adv.
BuGsi—One of the grtatsst domestic ruisances, especially in the
softie and summer of the year, is the prevalence of bugs. Many
neans have been tried to prevent or ex term nate them, but all
tit,i),,tto ineffectually. Cleanliness may check, but cannot eratlicat
uthit',lll. Sir,
R. Greer, late one of the Liverpool sanitary officials,
_,:iir
sinense study and deep research with many practical exptri-
:Tiscotve•r'endthe usual pursuit of his official avocation, has at length
great desiee atom, " Greer's Patent Anti-Bug Lotion,"
is at) en.f4hneg exterminator of bugs, fleas, &c. It is clean, simple
in appccatioti, agr,,,we in smell, and perfectly innoxious save to
insets. To be hart at the Antr-Vermin Office, 49 Brownlow-hill,
Lvemeol, in bottles at is. 2s. and 4s each.—Advt., ' Froigracti to the I'I,,,TED
orwidSTATESTrunk andii_ CANADA, by taking the
Ti r. "rickets of the
1 Y Company, are con-
wyed from their port of landing to their destinationw in less than ONE
QUARTEa OF THE TIME taker! by Steam Beats, and at about the same
rates it fares. Thus a passenger can reach Chicago from Quebec, a
(list se,. of 1,007 miles, in less than 23 days, whereas by water it is
heirly daub a the distce, and requires from 12 to 15 days, with five
or six theng;s
to th, ,r of Steam Boats, auring all of which they are exposed
to arid machinations of designing persons, whose sole means
of if; is by their plunder. The Steam Boats, especially when
crowded, scarcely afford protection from the a esther. Passengers
isillt TSrough Tic'aets are allowed the same amount of lug gas% free,
P, 05 bozad the ship, and it is conveyed from the Shit to the
Railway
St t'
without any charge whatever. The Agents of the Grand
~t
Lunk Cianpatty will give Alichanics, Art.sans, and Labourers, on
W3ir an ti'al, the best information in respect to employment, the
t
g Rates ;
l. ces at which it is to be had, and the rates of wages. Intending
eamie,rants can have sent to them, free, a 'Lair of Pa, er nsen
all;heir their
. i enquiries with regard to the sat ing or both steamers
and --'ngBlll9s, Scale of Dietary, &c,, will be immediately &naivetes'
on application, tither personally or by letter, at themes of the
Grand Trunk Company, 21, Old Broad street, London.