The Sun.
London, England, 1852-02-19 00:00:00

SPECIAL MEETING.

The shareholders then resolved themselves into a
hpeclal meeting, for the purpose of considering and
determining whether application should be made to
the Railway Commissioners for power to abandon the
railway.
The CHAIRMAN moved that application be made in
the usual way to the Commissioners for the purpose of
dissolving the company ; which motion having been
seconded, _ .

Mr. LAMoND, seconded by Mr. EwING, moved that
no such application be made.
Scrutineers were then appointed to ascertain the
number of shareholders who had signified their ap-
proval of the proposal, and those who had disapproved
of it, when it was found that 11,310 were favout-
able! and 530 adverse to the winding up of the
company.

The CHAIRMAN then declared that three-fifths of
the shareholders had given their assent to the appli•
cation.

The meeting afterwards adjourned.

EASTERN UNION.
.4. meeting of shareholders of the above company
was held on Tuesday at Radley's Hotel, Bridge-street,
BlaCkfriars, for the purpose of having laid before them
the report of the committee of proprietors appointed
in August last to confer with the directors concerning,
and to investigate, the affairs of the undertaking. Mr.
Holt was in the chair. The advertisement by which
the meeting bad been convened having been read,.
Mr. STIIRGB (of Birmingham), one of the com-
mittee, presented the report, the reading of which
occupied nearly two hours. It contained a review of
such of the past transactions of the company as were
necessary to a clear understanding of tee causes
which have led to its present unhappy position, and
which require to be considered in devising means
to extricate the company from its present difficul-
ties; the proceedings of the committee, showing the
inquiries they have made into several matters, with
their remarks thereon ; the present state of the en.;
gagements and obligations of the company, and the
measures available towards meeting the same, and
what further amount is required to rescue the com-
pany from the wasteful consequences of law
proceedings by which the directors are harassed;
remarks on a Bill now before Parliament for raising
money and altering the present existing rights
of preference shareholders, and a consideration
whether it would not be for the advantage of the
cotnpany that the number of the directors be reduced,
and especially to provide that all general half-yearly
and 'special general meetings be held in London. The
report referred to the origin of the company, pointing
out the sort of "family party" by whom a line of a
few miles in length had been bound up with various
other schemes ; and touched upon some apparently
objectionable share matters, with which it would seem
several of the negotiations of the directors had been
connected. It was also stated that one of the direc-
tors had transferred upwards of two hundred shares,
subject to considerable calls, ,to a person who is not
to be found. The committee had submitted nume-
rous questions to the directors, who, by the advice
of counsel, declined to give " categorical" answers
to them ; but at an interview between the board
and the committee answers of a general character,
but not at all of a satisfactory character, had been__e
verbally returned to some of such questions. The
debts of the company were estimated by theurepourt_
at 348,361/. On the credit side was the .suetm the
84,7351., leaving a balance of 263,526 t.
aga
coMpany. In addition to this there is the tsum of
46,000/. arrears of interest on the ten per cent. pre-
ference shares, making the total balance against the
company 394,3611.
It is very probable that much of the case which
appears to be made out of illegal courses pursued by
the_ Committee on the
have inarliament.
Parliament.
Mr, directors will come before
Bill which the company had arrived for the
Mr, SMITH thought the time
shat eh'olders to take the managementnd he had
y that
might
nai
go
ch
otdmo
bume tt
gt
of the company's
affairs Into their own hands, a
if
they would pull together the company
ot
out of its difficulties. He suggesn
of preference and original shareholders—hatthr:he
.
of
•=should be appoictsk. should be
done under the circums: u
ces in which the
company
was placed. ,
After some observation's from Mr. HARDING as to
the advantages of coming to terms with the Eastern
Counties Company, and of ascertaining the terms
upon which they,
to treat for an amal-
ofthe report of
notionwere willing
gamatign'
for the reception
the committee was
maattiorr said he represented a distinct body
of shareholders, who bad held meetings on the sub-
ject, and had appointed a committee having simi-
lar objects in view to those entertained by the other
shareholders. The motion he had to propose was to
oceffect " that the most probable mode of speedily
extricating this company from its embarrassments is
to promote an amalgamation of all the rail-
, ways east of the Great Northern Company; and that
Messrs. Browne, Underwood, Holt, Hardy, Fisher,

[PRICE SD.

---
S tr
,
( ) ,-77
de-7. ''--7-- ---
/ ..,-„.-- 7. / --1.--42 f-,
~,,. ,--- t>eAe.....?2.? (-7-'''' -61'.
~
, .
V?'
,:...
---.
..,-- ,v,,,,,.
_. •,--
THUILEDAY.—The sky was clear till near noon, and the k, \- , --:" -- --
amount of cloud was variable during the remainder of the
.-,---4-'- -;-,---. ----
'day. Electricity—Positive, and tension moderate during the ?.1 Vr`
morning and afternoon. "
FR;DAY.—The sky was overcast till noon, one-third part
was covered till sh. r.sr., and overcast afterwards. Electricity
- Nothing was shown throughout the dly.
SATURDAY.—The sky was overcast throughout the day.
Electricity- Positive, and weak tensioa during the afternoon.
The mean reading of a thermometer placed on the main-
mast, and read each day at 9h. A.M. was 37.0° ; and the mean
reading at 9h. P.M. was 86.0°; the mean .readings at the
Royal Observatory for the same times were 3-5•6 Q and 36.2 Q
respectively.
The reading of the barometer increased from 2994 in.
at the beginning of the week to 29.02 in. by 9h. AM. rin
the 9th ; increased to 30.01 in. by 9h. a›,x. on the 11. th ;
decreased to 29.50 in. by Oh. A.M. on the 13th; and in-_
creased to 30.09 in. by the end of the week. : ; .

NAVAL INTELLIGENCE.
PORTSMOVTIt, FEB. 13.—Last night, at 9 "o'clock,
a Dutch barque, the Jacobus, Captain Kolff, from .
Rotterdam to Batavia, and the schooner 'Hope, of
Brixham, got into Collision off St. Katherine's, Isle
of Wight, and the conscluences were so serious as to
render it necessary for the schooner to•be immedi-
ately abandoned. Her crew, consequently, • took re-
fuge on board the Jacobus, and there appeared little
prospect of the Hope floating any length of time.
The Jacobus put into St. Helen'sßoads in the night,
with her larboard bow stove in loss of jibboon, and
other damage. "''From her disabled state, and the
wind blowing strong from -the north-north-west, it
was necessary to send assistance ' to her to bring her
into harbour immediately, and one of, the Isle of
Wight steamers Was sent but tuber, but- she bad not
sufficient power to tow her against the strong wind
blowing at the time. - Application being then made
to the Commander-in'-Chief, Admiral 'Sir T. 'Briggs,
he ordered the dockyard steam-tug Echo to gO to the
assistance of the barque, and by her she, veil§ brought
into harbour this afternoon to undergo repairs.
Admiral Sir Thomas Briggs, G.C.M.pr., Comman -
der-in-Chief,. left this port this morning on leave of
absence for a few days. His flag was struck -.on
board the Victory at sunset on Tuesday evening.
The Fairy steam-yacht, Master-Commander Weloh,
has been removed from the steam basin to-day, ready
for the reeePtion of her Majeity on the 6th proximo.
7 BOTAL MARLIN).
The retirement on
_pay . 'has been offered to
Lieutenant-bolonel Garmston, of the rortsmouth
division, 'vice. Lieutenant-Colonel Hewes, deceased.
The intention of the Board of Admiralty is that all
officers to whom this boon may be offered and not
accepted, shall, it reported afterwards unfit, be placed
on the half-pay list, thereby relieving the public of
undue taxation. _

Report states that a subaltern of a gallant corps
' serving in Portsmouth garrison will shortly have to
answer before a general court-martial for a breach of
the Royal Marine Mutiny Act, article 59, when on
the main guard.
PLYMOUTH, FEB. 18.—The report at the Royal
Naval Hospital this morning, relative to the condition
of the seamen afflicted with small pox from her Ma-
jesty's frigate Arethusa, is as follows :—Mr. Dillon
2d master, recovering; Neilson, able seaman, died yes-
terday; one. other .man in a dangerous state, but
hopes are entertained of 'his recbvery; the other ten
are nearly convalescent, No new cases.
Her Majesty's steam-vessel Aron sailed yesterday
for Portsmouth. She has men' for the Rodney and
Simoom, and the crew who brought 'the Argus:to this
port.
The steam-vessel Vulture made a trial cruise round
the Eddystone yesterday. -
PEMBROKE, FEB. 17:—The . workmen are busily
engaged ;n fitting in the timber between the fore and
after parts of the Windsor Castle, for the purpose of
lengthening her, end. rapid progress will soon be
made. When completed the Windsor Castle
will be- the largest man-of-war in the British
navy, and capable of carrying 140 guns, thus being
equal in her armament to the French *Palmy, which
is armed with the same number of guns. The Mar-
tello tower now in course of erection at the Stack
Rock, gibe entrance of the harbour, has been consi-
derably delayed in its progress, in consequence of the
late severe gales, which caused considerable damage
to the machinery and works. So violent has the
weather been that for several days all communication
with the main land was cut off, and the workmen
thus isolated suffered severely, the waves. breaking
over the rock. The various Martell° towers, erected
for the defence of the arsenal, are at lergth being
placed in a proper state to repel an attack, the de-
tachment of Royal Artillery having been busily
engaged in mounting the guns..• The western battery
at the Dockyard, which was likewise in a most inde-
fensible condition, is also to be mounted with new
artillery; the present guns-19 in number:—laaving,
on inspection, been 'found inefficient for the defence
of the establishment.

APPOINTMENTS,
WOOLWICH, FEB. 18.—Surgeon--Alexander An
denim, M.D. (1842), to the Polyphemus:steam-sloop,
at Woolwich, for service on the cost,of Africa.
Paymasters and Pursers—John E. Brooman
-(1846), additional to4he Fisgard flagship at Wool-
-I*h ; Alfred Nash (1846), to the Herald,.. 28, at
-Mathew, fitting for surveying service in the South
Chief Engineer—Walter W. Williamson, to the
Polyphemus.
William lel‘Donald, Assistant-Surgeon
(1842), to the Polyphemus.
Second Master—William G. M. Stent (1846), to
the Fisgard.
Assistant-Engineers—William Norris, James G.
G. Dunn, and Joseph Jolliffe, to the Polyphemus.
Mate—John D'Arcy (1850), from the Victory
flagship at Portsmouth, to the Torch steam-vessel at
Woolwich, fitting as tender to accompany the' Herald
to the South Seas.
Masterb% Assistant—Francis Husion, to the Herald ;
J. Hutchings, to the Fisgard.
Midshipman—H. J. Meyer, to the Herald..
The Cormorant paddle-wheel steam-sloop, of 300
brie power, Commander William C."Vhamberlain,
returned to .Woolwich on Monday lait from the
south-east coast of America station, where she had
been serving since August, 1849, and is having a
refit instead of being paid •off, and will be taken out
of the basin on Friday. Ais expected she will form
one of the Channel squadron about to assemble
very shortly for exercise on. the coasts of England and
Ireland.
The Fearless .steam-vessel, employed by Captain
Bullock 'on • surveying service, • arrived on Saturday
from Sheerness to have some defects in her cranks
Master: Commander
basin on
tEmake,iagdnlee!sooteouia4dt.
ofly alethht:
to try her engines.
Monday,
and made a run down the river
She now looks remarkably well,
having white fun-
eels, and her masts put HD similar Pettey,an Theafir eliv
:irks
to those in tie Royal
Victoria and Albert steam-yacht.
The Resistance troop-ship, Master-Commander
Bradshaw, is ordered from Woolwich to Deptford,
to take on board stores, and make herself ready for
the conveyance of troops.
The Sulphur sloo h
Deptford to Woolwich as been taken down 'from
vice. to be used for the convict ser-

The Fairhe hired
irlitnttei tf
Tit!:
Fairlie •
convict-ship, in charge of Sur-
dward Nolloth, M.D. (1845),
moorings opposite trhem
RDO epltfoArd this
tmorningtake onw
board convicts from Millbaank 7PeennaileZiary, the
Model Prison at Pentonville, and the • convict hulks
at Woolwich, for conveyance to. Van Diemen's Land,
where the convicts will obtain tickets of leave. The
number of convicts to embark in her is about 320, 54
of that number being from the bulks at Woolwich.
Seventeen caulkers have been lent by Chatham Dock-
yard to Woolwich Dockyard to hasten the caulking
of the Agamemnon, 90, screw-steamer, as it is desir-
able that she should be launched in the last week off'
March, or first week in April next. The caulkers,
after their work on the Agamemnon is finished, will
be employed on the Royal Albert, 120, also to be
fitted as a screw steamer, in order to make her ready
for launching as soon as possible.
ROYAL MkR/NEs.
Lieutenant-Colonel Jolliffe, of the Woolwich divi-
sion, is ordered to sit as a member of the Small-arm
Committee.
One corporal and nine privates of the Woolwich
division are to embark on board the Polyphemus
steam-sloop at this port, for service on the coast of
Africa.
Captain P. T. M. Payne has joined the Woolwich
division as gunnery instructor.__

quotation of gold at Paris
MONEY MARKET.—The •
is about at par (according
31. 17s. 10Id. per ounce for
at the English Mint price of
of 25.17; and the to the new tariff'), which,
standard gold, gives
ex-
change at Paris on Landon exchange
short being 25.271, it follows
in Flambargh the price of gold
in Paris. By adviceic_ ,
h at the English Mint price of
is 429 per mark, which,
for standard gold, gives an exchange
3/. 17s. Hid. per ounce
that gold is about os.4l"paer
actennt.andleaburerrghinoLnoniado
windotnhanat
the
it
in Hamburgh. The course- of ex-
changeß t follows that gold is 0.69 per cent.
'than
short olr3t.7be;
dearer in London
k on London for bills at 60 days' sight •ow I eris
at'.L
cent., and the par of exchange between England
110 i per - 109 23-40 per cent it follows that
~ the
and America bung
is nominally 0.67 per cent. in favour of England;
exchange • 11 f diff
inagndl3.-„
fter making a owance or erence of interest and
and, a
rans ort, the present rate leaves a small profit on
charges of t 13_
• portation of gold from the United States.
the iln •
It is stated that Mr. Clive, tb son of the Hon.
Robert Clive, has consented to be put in nomination with
Captain Mahout, one of the present Members, to contest the
eastern division of Worcestershire at the next general elec-
tion, on Protectionist principles, against J. H. 11. Foley, Esq.,
provided a requisition be presented to him, signed by 2,000
electors. Mr. Clive's solicitor, and several of his supporters,
visited Evesham on Monday, and Shipston on Wednesday
last, to obtain voters' signatures to the requisition, and to
solicit their support.—Eddowes's Journal.
NOVEL ACTION.—One of the Lowell girls haring,
owing to the dirty state of the footpaths, fallen and broke
her thigh, brought an action against the municipal au-
thorities, and recovered the sum of more than 1,000 dollars
damages.

THE SOUTH AUSTRALIAN COPPER
INING COMPANY.
Capl, al 50,0001., in 50,000 shares, paid up, at 11. each, without any
further calls. On the cost-book principle.
No deed necessary to Le signed.

DIRECTORS.
Samuel Harrison Armitage, E3q., .Manor House, Mitcham.
The Honourable Alexander Lang Elder, Adelaide, Australia.
Captain Thomas Green, R.N., 15, Ottord-terrace, Hyde-park.
Henry Kirk, Esq., 15, St. James-square.
W. Newton Lane, Esq., 12, Alpha-road, Regent's-park, and Cheadle,
Cheshire.
The Honourable John Morphett, Speaker of the House of Assembly,

Australia.
James Philcox, Esq., Adelaide.
John Rankine, Esq., Adelaide.
Edward Stiting, Esq., Adelaide.
George Tindall, Esq. Lime-street.
BAsixtm_me„. Esq., Deacon, Labouehere, Thornton, and
Co., 20, Birchin•lane.
SOLICITOBA.—Messrs. Brown and Reed, 12, Bucklersbury, London.
SECZETAXT (pro tem.)—Thomas Browne, Esq.
Temporary Deus-12, Bucklersbury, London.
This Company ying
h. purchased the fee simple of eight sec-
tions, containing 653 acres of mineral ground and freehold land, at
Strathalbyn, about thirty miles from Adelaide, in South Australia,
and withinthirty miles of the Murray River, is formed for the
working of the valuable copper mines which have been opened out
and partially worked there, but suspended for want of efficient
machinery.
Competent mining captains, who have personally superintended
the mines report most favourably of the stratification, and there is
no reason to doubt the Strathalbyn district is a continuation of the
same favourable ground in which are the celebrated Burro Barra
and Kapunda Mines.
on this property some eight or ten lodes have been proved, vary-
ing from one, four, six, to ten feet in width, comprised of steatite.
grey fluccan, and oxide of iron or gossan. in which are found the
yellow, black, and grey salphuret of copper ores and iron pyrites,
and in some of them native copper has been found.
Shafts have been sunk on four of the lodes, and from two to three
hundred tons of ore have been raised. Several of the lodes are
parallel, and situate so close to each other as to facilitate workings
on a most comprehensive scale. Samples of the ore reduced to
regulue by a small furnace on tie spot, have been sent to this coun-
try, a portion of which has been assayed by Mr. Johnson, of Hatton-
garden, and produces 45 per cent. of pure copper.
There is also abundance of wood on the spot and in the imme-
diate neighbourhood, so that the ore may be smelted at a trifling
cost, which gives this mine advantages over others, and it possesses
easy means of transmitting the copper to Adelaide or Encounter

Bay.
The mineral riches of the South Australian district have never
been surpassed in the history of mining enterprise, as will be seen
from the following extract from the Great National Exhibition Ca..
Wove. of the working of the Burrs Burra .51ines, and the profits
realised r _ Tons. cwt.
"September 30, 1846 ...... •••
6,359 10
„ 1847 .... • • 10,794 17
•
„ 1848 .. •• • • 12,791 11
„ 1,449 .• •••••• .. • • • 7,789 16
„ 1850 ..•• •• •• 18,692

" Making a total in five years of -- .. • • 56,428 2 of cop-
per ore, varying in quality from one containing:3o per cent. to 70 per
cent. The money value of this ore is 738,1081."
Altogether, the advantages of this South Australian Copper
Mining Company are such as to warrant the most sanguine ex-
pectations.
Specimens of the ore reduced to regulus, and assayed copper
therefrom, also Mr. Johnson's certificate, and the reports of experi-
enced copper miners, may be seen at the offices of the company.
To work these mines to an immediate profit no delay need take
place beyond the time necessary for putting up the requisite ma-
chinery.
Including the estimates for erecting the new works and the neces-
sary machinery, and for the purchaae of the fee simple of the land
and mines, with the plant flow on the premises, it is proposed to
raise a capital of 50,0001., which will be more than sufficient fbr
the purpose—after deducting the purchase-money to be paid to the
promoters for their interests, and for the fee-simple of the ground
and the money expended on the mine.
The following is a copy of the report of Messrs. Johnson and
Matthey :
" The of copper ore assayed for Messrs. Browne and Reed
contains 48 per cent. of pure copper.
Assay-office, 79, Hatton-garden." " JOHNSON AND MATTazr.
Five thousand shares are reserved for the colony.
Applications for the remaining shares, in the annexed form, to be
made at the temporary offices of the company; of the solicitors,
Messrs. Browne and 'teed, No. 12, Bucklersbury.
Certificates of shares will be ready to exchange for the banker's
receipts, one week after allotment. •