The Sun.
London, England, 1864-04-07 00:00:00

COMMITTEE OF DIRECTORS,

Fending the constitution, ander the provisions of the conces-
sion, of the Company as a Societe Anonyme.
In England—
Somerset A. Beaumont. Dq., M.P.I Directors of the Anglo-
Frederick Engelhardt, Esq. ) Austrian Bank.
J. P. Brown-Westhead. Esq., KR, Deputy-Chairman of the
London and North-Western Railway.

It Austrip.—

11. A. Prinoe Leo Sarie6,President of the Carl-Ludwig
Railway.
Count `Vladimir Borkowsd, Director of the Car'.-Ludwig
Railway.
Charles Klein, Esq., President of the Chamber of Commtrce,
Vienna.

BANKERS IN LONDON,
Messrs. Glyn, Mills, and Co., 67, Lombard-street, E.C.

BANKERS IN VIENNA.
The Anglo• Austrian Bank.
SOLICITORS.

Messrs. Blroham, Dalrymple, Drake, and Ward, Parliament-
street.
BROKERS.
Messrs, Seymour and Co., 38. Throamorton-street.
Messrs. Cazenove and Co., Threadneedle-street.
TEMPORARY OFFICES.
54, Old Broad-street.

The great Trunk Railway from Vienna, in the direction of
the frontier of Moldavia, is at present complete as far as
Lemberg. The communtation is effected by means of two
lines. The first being the Northern It•lilway, from Vienna
to Craco tr ; the second, the Carl-Ludwig Railway, from
Craem to Lemberg.
The first of these lines pays about 14 per cant. upon its
capital. The second was completed only at the end of 1861.
but since its opening has paid 8 per cent. upon its capital, and
consequently has never required to claim the guarantee of 5
per cent accorded to it by the Austrian Government.
The present line is tee continuation from Lemberg to
Czernowit z, near the Moldavian frontier. The concession has
been granted by the Austrian Government on terms un-
usually favourable to the company undertaking it.
The propos,,i railway, enter ng into the heart of the grain
and cattle-producing district whence the Car.-Ludwig line
obtains its most important traffic, and being constructed at a
very considerably less cost, promises to be more profitable
than its neighbour.
The continuance of the line through Mo'davia to Galatz,
on the Danube 'for which a concession has recently been
granted by the Chambers of the Principalities), must nes-
sarily add largely to the profits of the Lemberg-Czernowit z
Railway, which will thus form an integral tart in an un-
broken and direct railway communication between the Baltic,
the German Ocean, and the Black Sea.
The concession, the duration of which is ninety years, sti-
pulates for the comment. meet of the works previous to the
tlth January, 1t65, and for their completion within three
years ; but provision is made for extension of these periods
in ca.e ot political or financial crisis.
The Government guarantee a fixed sum of £156,000 in silver
money as a net annual revenue of the line.
The sum thus guaranteed by the Government, after pro-
viding. for the payment ot interest at 5 per cent. on the
Bonds, and for an annual sinking fund, will leave a clear 7 per
cent. applicable to the share capital. The sinking fund will
be annually applied by lot to the redemption of the Bonds
and Shares at par. The proprietors of the Shares thus, from
time to time, redeemed will, for each share, receive a certifi-
cate entitling the bearer to a participation, during the re-
maining term of the concession, in all the profits of the Com-
pany exceeding 5 per cent. on the original capital.
A. contract, which will be adopted by the Company, has
been entered into by the concessionaires with Mr. Brassey
for a sum of £2,450,000.
This contract provides for the construction of the rai'way
in accordance with the terms of the concession, and for stock-
esaxmpeenswesithof na,lelqinagiment:ccoctkh.e
mi n
iga ta hr
ye
Icot
the Company ; it makes provision for interest during con-
struction on paid up capital at the rate of 6 per cen . per
annum ; and It covers an ample reserve for the expenses
of management until the railway shall be opened for public
traffic.
The concession confers the requisite power to form a So-
ciete Anonyme with Shares to bearer, whereby the liability
of the subscriber will be limited to the amount of 25 per
cent of the nominal amount of their Shares.
The capital of the Societe Anonyme will be £2,450,000; to
be issued, £1,20,':,0.)0 in Bonds, and £1,250,00 in Shares of
£2O each.
The Bonds have already been taken.
Preparatory to the formation of the Societe Anonyme
(which cannot be definitively constituted according to Aus-
trian law until 25 per cent, of the share capital has been paid
up), the Lemberg-Czernowitz Railway Company has been
formed as a limited liability company, the shares in which
will be exchanged for Shares or a like denomination in the
Societe Anonyme. _
A copy of the Articles of Association, of the concession, and
of the statutes under which it is proposed to constitute the
Societe Anonyme, can be inspected at the Offices of the Soli-
citors, 46, Parliament-street.
Applications for Shares must be made in the annexed
form, addressed to the Directors of the International Finan-
cial Society (Limited), and of the Anglo-Austrian Bank, but
no application will be considered, unless accompanied by the
receipt of Messrs. GIYII, Mills, and
or of tee Anglo-.Aus-
tri in Bank, Vienna, for LI per Share on the number of
Shares applied for. This sum will be returned in the event
of the application not being acceded to, and, if an allotment
is made, it will be applied towards the payment of £1 per
Share then due.

LEMBERG-CZERNOWITZ RAILWAY COMPANY
an
(Limited).
FORM OF APPLICATION FOR SHARES.
To be left with the B kers.

No.
To the Directors of thpeaidlnttoe:eastairosn.al Financial
sad Co.,
(Limited), and of the Anglo-Austrian Bank.
theG esnutmiernofeln'—Having
allotted to me in the
:being £1 per Share Glyn,on Mills,
Shares,
oLfem£2boeregafcliz, Company (Limited), and I
hereby agree to accept such Shares, or any less number, and
to become a member of the Colgany, and to have my name
respect of the Shares
I am. Gentlemen, Your obediedt servant,
palllaoctetdedontothmee.Register of Members in
Name in full
ewrnhoiwchitzi rßerlvresityraaybe
Address in full ...
Date ..^- ..............

ARGYLL ROOMS, Windmill-street,
Piccadilly,
IS OPEN EVERY EVENING.
During' the evening an unparalleled repertoire of Dance
Music, Selections and Overtures, is performed by the cele-
brated Argyll Band, forty in number.
Doors Open at Half-past 8, commence at 9.
Admission is.

Manager, M. GRENET.

The Yorkshire 'Magistrates and the Home
Secretary,

The partial removal of the Yorkshire Assizes from York
to Leeds has given the magistracy of the North and East
Ridings, assembled in Quarter Sessions, cause for warmly
censuring the course taken in the matter of the Home Secre-
tary. In the two divisions, on Tuesday, a more than usually
large number of magistrates assembled. In the North Rid.
ing, under the presidency of Earl Cathcart,
Major STAPYLTON called attention to the way in which
the magistrates had been treated by the Home Secretary.
The Lords-Lieutenant had sought the opinion of the whole
of the justices as to the policy of removing part of the busi-
ness of assize from York, and in the North and East Rid-
ings an almost unanimous opinion was expressed against
such a course, and in the West Riding less than 6ne quarter
of the magistrates were in favour of the scheme, the num-
bers being 59 for, 189 against. The Government inspector,
after an inquiry, reported in favour of Wakefield .being
made an assize town for the West Riding; but, in the teeth
of the justices and the inspector, Government decided in
favour of Leeds. He would protest against the way in
which their opinions had been sought and then entirely
ignored, and would move a resolution that " having, by a
large majority, in reply to the question of the Lords-Lieu-
tenant, at the instance of the Home Secretary, pronounced
their opinion against any portion of the assize business
being removed from York, and no reason having been given
why that opinion was not respected, the magistrates have
not been treated with that courtesy and attention, which,
as a body, they were fairly entitled to expect. He should
propose that a copy of the resolution be forwarded to the
Home Secretary.

The motion was seconded by Mr. CAYLEY, who thought
the Government, at the time of asking their opinions, had
already made up its mind to divide the assize business of
the Riding, and it seemed to him that the proceeding was
a gratuitous insult, more especially as the West Riding
had exhibited a preference for Wakefield rather than Leeds.
He could only suppose that some private influence had been
at work at the Home •office, and thought they ought to ex-
press their feeling of the insult put upon them.
Col. CRO3IPTON said the asking of the magistrates' opin-
ions waa a perfect mockery if there was no intention of act-
ing upon them.

On the other hand, however, the Hon. Mr. DUNDAS
thought it highly inexpedient that the justices should con-
stitute themselves judges of the conduct of the Home Secre-
tary. They did not know on what the Home-office had
founded its resolve to divide the business, and they were
assuming too much in saying that they had been treated
cavalierly by the Home Secretary. Without having all the
information before them—and they had none of it—they
ought not to express an opinion of the conduct of a public
functionary who, he believed, endeavoured to discharge his
duties to the best of his ability. He would therefore move
that the question be not entertained.

This amendment was seconded by Lord TEIGNMOITTIL,
and supported by Mr. MORRITT, M.P., who said there was
evidently some misunderstanding in the matter. The ques.

tion was one with which neither the House of Commons nor
the justices had aught to do, it being purely within the pre-
rogative of the Crown. However distasteful it might seem,
the Home Secretary had a perfect right to seek their opin-
ions and not be bound by them. The House of Commons
had talked a good deal on the subject, but it soon found
itself clearly out of order. The matter was so clearly in the
hands of the Home Secretary and the advisers of the Crown
that, however indignant they might feel, the best thing to
do was to hold their tongues and submit, or the Home Sec-
retary and the Queen's advisers might show they thought
very little a! the opinion of the justices. Sir G. Grey had
admitted in the house that he knew the opinion was in fa-
vour of Wakefield, if at all in favour of removal, but he had
decided the question on other grounds.
Mr. PENNTMAN thought after this exhibition of courtesy
the magistrates in future would not trouble to answer ques-
tions from the Home-office.

Major STAPYLTON, on the impression that the disclusion
would answer their purpose, withdrew the resolution, which,
he sail, had served thoroughly to elicit the magistrates'
opinions on the matter.
In the East Riding, under the presidency or Mr, C. W.
Strickland, a somewhat different course was taken. Refer-
ring to the removal of the Assizes to Leeds.
Lieut.-Colonel PEASE gave notice that at the Midsummer
Sessions he should move that " A large majority of the jus-
tices of the three Ridings, after being consulted by the
Lords•Lieutonant, at the instance of the Home Secretary,
as to the propriety of removing a portion of the assize busi-
ness from York, expressed a decided opinion against any
such removal. No explanation of the course taken in oppo-
sition to that opinion so asked for, and expressed by them,
has been furnished by the justices, and under those cir-
cumstances they submit they have not been treated with
the courtesy they have a fair claim to expect. The justices
desire to record their sense of this want of consideration
towards them, and request the chairman formally to co-
operate with the chairmen of the North and West Riding
Sessions, and to communicate with the Home Secretary on
the subject, and to take any other necessary steps." In
giving this notice he would express his warm disapproba-
tion of the way in which the justices had been treated by
the Home-office, and he held it due to their position that at
the proper time the motion should be adopted.
The CHAIRMAN could not see what practical affect the
motion could have, but would act as requested, as he felt the
Home-office had. not treated the magistrates courteously,

State of Trade.

CARDIFF, April 6.—A change in the direction of
the• wind a few days back has allowed a large num-
ber of vessels to come up channel, and the docks are
now beginning to be very full, while there is also
a good fleet in the roadstead. The iron market is
in a very firm condition, and the high rates are
likely to continue, unless some sudden change take
place in our political relations. Bars are quoted £7
15a, at which a brisk trade is being done. Scotch
warrants are 58s oash, and 59s to 59a 6d open.
Foreign freights still continue high, and vessels of
the smaller class are scarce.

LEICESTER, 6th.—The hosiery trade is becoming
more active now that the holidays are over, and
more business is being done at the warehouses. In
the rural districts there is not much change. The
yarn-market holds firm at high rates, spinners
making generally to order. There is a fair amount
of business doing in wools, and high prices are
realised.
NOTTINGHAM, 6th.—There has been rather more
doing in lace goods this week. The plain trade has
improved a shade. More is doing in Mechlin quil-
age. Buyers are purchasing rather more freely
of cotton goods. There is very little doing in black
silk laces and narrow edgings. Silk Nlechlins are
still selling freely. There are no stocks of either
silk or cotton goods on hand. There is not much
change in the hosiery trade ; orders are now on
hand both for shipment and for the home market.
Yarns are exceedingly firm, and very high in price.

Steps are being taken to invite Gen. Garibaldi to
Manchester, and a reception committee is in course of for-
mation,
THE MURDER IN CAMBRIDGE.—At the Cambridge
borough gaol on Monday, the mayor (Mr 11. 11. Harris),
with Mr H. Smitleand Mr C. Balls, were engaged for some
hours iss inquiring into the circumstances of this case. cin
the night of Sunday, Feb. 28, the house of two old ladies (a
somewhat lone place known as Prospect Cottage) was en-
tered, and both of these brutally attacked by a man masked
and armed with a formidable carving knife and a bludgeon,
He then made his escape. A man named George Morley
Wallis, a distant connexion of one of the old ladies, was
apprehended on suspicion, the evidence against him being
of a strong circumstantial character. Eventually he was
committed to the last assizes for assault with intent to
murder. The lives of both the old ladies hung trembling in
the balance meanwhile, and on the 18th ult., the day before
the commission day, one of them (Mrs. Hunt) died. Under
these circumstances a postponement of the trial was recom-
mended by Mr, Justice Crompton, and agreed to by counsel
on both sides. His lordship also recommended the magis-
trates to begin de snovo ; this they accordingly did on Mon-
day, and after sifting a voluminous mass of evidence com-
mitted the prisoner Wallis on the capital charge of wilful
murder. Wallis exhibited the utmost confidence and self-
possession. The life of the second victim (Mrs, Walker) is
still iu danger,