Northern Times.
Liverpool, Merseyside, England, 1859-06-13 00:00:00

£6oo,ooo,—that the said capital of £600,000, or so
much as may from time to time be issued, shall be
constituted preferential capital of the Company, and
tho shares therein be entitled to receive upon ;the
amounts from time to time paid up, a dividend of
8 Per cent. per annum, payable half-yearly out of
the balance of profit in each half-year ;—that
after 8 per cent. shall have been paid on such
preferential shares, all the old capital of the
Company shall next become entitled to a- divi-
dend of 4 per cent. ;—and that _after such 8
and 4 per cent. shall have been respectively
provided for, the whole capital of the Company
shall participate equally, pro rata,
additional profits. The resolutions were unani-
mously adopted, and there is every reason, to
hope,-we understand, that the shares will soon be all
appropriated. Still there is the Act of Parliament
to be passed. This may 'be done without much
delay ; but we' suppose, as
,certain preliminary
operations would still have to be entered into, the
present season will be too far advanced, before all is
ready, for attempting, the resuscitation of the
existing cable. But patientia winces. Next year, at
farthest, let us hope, we shall be able to hold
converse with our transatlantic cousins, as promptly
as we_ now do with our friends in London or
Edinburgh.

in any

THE WAR IN ITALY.
DETAILS OF THE BATTLEOF MALEGNANO
FRENCH AND AUSTRIAN REPORTS.

BERGAMO OCCUPIED BY GARIBALDI

CONCENTRATION OF TROOPS AT CHALONS,

NEGOCIATIONS FOR THE PASSAGE OF
PRUSSIAN TROOPS TO THE SOUTH.

OFFICIAL DENIAL OF AN IMPENDING
PARTICIPATION OF PRUSSIA IN THE WO.

TURIN, June 11.—The Austrians have evacuated
Piacienza after having destroyed the citadel and the
other fortifications. They abandoned to the allies
a great quantity of provisions, cannon, and ammuni.
tion. Our troops entered the town invited Ly tile
municipality. The Austrians have been reinforced
at Brescello, a village in Modena.

PARIS, Sunday, June 12
contains the following :

Monit,!ur of to-dal

" TURIN, ''Saturday

Evening, June

Austrians evacuated Piacenza yesterdav after.having
bloNin up the citadel." The Moniteur also sass'
" that the statement put forth by certain journals'
that the Papal Nuncio has officiated in the religious
ceremony of calling down the protection of Heaven
on the Austrian army, is untrue. • -

PROCLAMATION OF THE

EMPEROR

NAPOLEON TO THE

ARMY,

Soldiers ! It is now a month since, confiding in the
efforts of diplomacy, I hoped still for peace, when all
of a sudden the invasion of Piedmontese, by the
Austrian troops, called us to arms. We were net
ready—men, horses, the materials of war, promsall were deficient, and to succour our allies, we were
compelled to get together hastily in small fractions
beyond the Alps, before a formidable enemy, pre-
pared for a long period ; the danger was great ; but
the energy of the nation and yonr courage have
supplied all. France has found again her ancient
virtues, and united for the same end as by a single
sentiment, she has shown the Might of her resources'

and.the strength of her patriotism. It is only afe
days since operation's have commenced, and alrea(ll
the Piedtnontese territory is relieved of its'invaders.
The allied army has delivered four successful cote'
bats, and •has won a decided victory, which 1)35
opened to it the gates of the Capital of Lombardi•
You have put hors de combat more than 30, a
Austrians, taken 'seventeen cannon, two flags, all
8,000 prisoners, but all is not yet terminated. We
have still struggles to-Maintain, obStacles toleenler:
I count on you. Courage ! then, brave soldie
,the army of Italy. From the .Heavens above 'is'
your fathers look on you with" pride. NAPoLEoh'•
Done at Head-quarters, _Minn, June Bth, 1859•