The Sun.
London, England, 1852-08-28 00:00:00

FILAL ;v aY 1-NTELLIGENCE.

EP...S.IEIIN. UNION.
Th© half-yearly general ineetiug of proprietors was
held yesterday at the compay's efces at Ipswich,
Mr. J. C. CobOold, t 1.13,, in the chid:.
The direetors-: repoe, end the financial statement
(which have already al.T2,lred in The Sun) having
been read,

The CHAIRMAN expressed his regret that the dire:,
tors had again to meet the proprietors without being
able to declare a dividend. He also regretted to say
that they had met wiahout any arras Bement havieg
been come to with their creditors, so as to place the
shareholders in a more satisfactory position. It was
ehnoeldese,rsitcowuolduldnottwinirnsoo
onlsesibwleaYtoarreaxnt
now clear that if the ordinary and preference
com-
panyshare-
holders
from its difficulties. if both cl,-,Qs-s of share-
riec
extricate
their
ed itier
holders could be induced to agree to some reasonable
proposition, the company !night not only be put in a
piritloa to surmount its etifficulticiF, but it might et
h:;!cla ;mimed piLlce in the railway world, eit.li!.:r asp ,an
;,“:eper:(!ent rine or :mit:gaunter] other compa-
The iii'r: Parli:nain: which
the comodny
had obtained in last Eession leave , tbern power to
convert 250,000/. into etock, arid a furthcr sum of
78,00 d. with ,tile cone,eni: of the preference kliare-
holders. The direeturs believed that if they had not
obtained those powers, they would not be able to
extricate the company frem its difficultiee. The
unfortunate jealousy whLb existed between
the ordinary end the preference shareholders
had as yet prevented this from being carried out, but
he hoped that some arrangement might be come to
at the approaching meeting of: the preference share-
holders. The company had at present a debenture
debt of 620,000/,, upon which they had to pay in-
terest at the rate of 5 p.r2r cent., making an annual
charge of 31,000/. Taey had also. the power to con-
vert 250,0201. of " creditors' stock' at a rate of in-
terest not exceeding 4 per cent. This would amount
to 10,0001. ; and then they had the power to issue
new shares to the extent of 77,8251., the annual
charge upon which, at 4 per cent., would be upwards
of 3,0001. In addition to these charges there was the
rent of the Stour Valley line, commuted at 9,0001.,
and the whole of those charges would amount to
55,1831. per annum. Tee terms originally proposed
to the creditors were upon a 3i per cent. calculation,
which would make an annual charge on the company
of 53,0001. before the ordinary
anything. It was manifest, therefore, that unless the
preference shareholders combined with the ordinary
shareholders the latter could not
get
any dividend. If
this could be done he believed that the company would
soon be able to redeem their preference h s ares at par.
He regretted that the chairman of the Eastern Coun-
ties Company had not only vilified them, but had
made statements at variance with the facte. That
Hon. Gentleman appeared to think that they
had broken faith with the Eastern Counties Company.
Tait, however, was not the case, for the Eastern
Counties Company had themselves virtually repu-
diated the arrangement of February, 1850, for the
Norwich traffic, and, so far from dividing the traffic
equitably with the Eastern Union Company, had ac-
tually sent four-fifths of the goods traffic over the
Cambridge line, and only one.fifth over the Col-
chester line. Vh
7' it regard to the passenger traffic,
although the companies to charge the same
Eastern had agreed
fares, the Counties Company had done all in
their power to diverton
the traffic from the Colchester
line and to put it
ducement of quick and theirown,by offering the
frequentin-
trains, while they
Colchester worked the trains on the line at so slow a
pace that the public could not
lieved that an amalgamation of travel by it. He be-
eastern district would be the beat course,
the lines in the
the proprietors, but also for the shcourse, not only for
an amalgamation would be in no v:holders. Such
are
of the two great companies—tho North-Western aimilar to that
Great Western—because they had no great
t and
interests
common, whereas the Eastern Countiesn
and
the Eastern Union had interests identical
with each other.--(Hear, hear.) The directors
of the Eastern Counties Company had stated
in their last report that they were willing to meet the
Eastern Union Company en the basis of what they
could earn. These terms they were quite willing to
accept, provided the line were fairly worked, and no
improper inducements held out to divert the traffic.
But to show the lengths to which that company were
going to get traffic, it was known that they had made
a secret agreement with the traders of Norwich to
carry their goods at a less price than it was arranged
they should be carried for over the Colchester line.
They had also endeavoured to divert the traffic from
the Eastern Union Company, by running their own
trains at nearly double the speed at which they
worked the trains over the Eastern Union line.—
(Hear, hear.) He denied that the Eastern Counties
Company had served the public in a fair and reason.
able manner by the mode in which they had worked
the Colchester line. The Hon. Gentleman concluded
by moving that the report and the financial statement
be received and adopt d.
After some discussion, in the course of which the
CHAIRMAN stated his hop, that the arbitration with
the Eastern Counties CompNny would soon be satis-
factorily concluded, the motion was egreed to, and the
meeting separated.

M. Marchanci-Ennerv, grand rabbi of the central
consistory of the Jews in France, died on Saturday last.

M. Liebig, the celebrated chemist, has just been
appointed public professor of the Unit ersity of Munich, and
director of the chemical laboratory. The salary has been
fixed at 16,000 f.
- - - - -

EMIGRANT SHIT s.—One cf the largest ships going
to Australia from Liverpool is the Ben Nevis, of 1,420 tons
register.iverpool
papers Sheis
thatcolon sheial
is a
built, andfine ivt
eisssstated by some of the
L
THE LATE COLLISION ON THE LANCASHIRE AND
YORKSHIRE RAILWAY.—We regret to learn that the boy
Greenhalgh died on Tuesday at noon, of the injuries he sus-
tained in the railway collision at Bulldeld, Bolton, on Mon-
day, night. An inquest was held on Thursday, on view of
his body and of that of Bancroft, the signal-man, who com-
mitted suicide ; and evidence (confirming the account we pub-
lished) was adduced to show that the collision occurred
through the negligence of Bancroft entirely, as the guard of
the luggage tram was on his way back up the line, with his
light, when the passenger train met him, then so near to the
train that he could not stop his engine. It seemed clear that
nearly all the engines were over tasked ; and the jury after
returning verdicts of manslaughter against Bancroft for the
death of Greenhalgh, and temporary insanity in his own case,
added the following to their verdict :—The jury cannot se-
parate without expressing their opinion that the servants em-
ployed on the Lancashire and Yorkshire Railway, from Liver-
pool to Bolton, on Monday, the 23d of August, were totally
inadequate to me,t the extraordinary demands upon them
consequent upon running special trains; and also deprecate
in the strongest terms the running of trains of such unusual
lengths, and with a deficiency of locomotive power to work
the same ; and, further, that there was great irregularity in
the starting and arrival of trains on the day before named, noless than seven trains (two of them numbering upwards
thirty carriages each), and extending nearly a nails in )girth'
accumulating `enr'en-
accumulating on one line of rails at the Bolton ststtio%,
and
dering an increase of servants indispenable to the sal
effectual working of the line." g nuEKE
DUBLIN, FRIDAY.—ARREST OF FATlionit Clare for
Wednesday
AND CLUNE..—I have reason to believe thatu counts of
evening warrants were sent down to the co lave, who are
the arrest of Father Burke and Father ueens troops at
charged with leading the attacktpetnhdat-
Six-mile-gridwarrant
hga ed. been A
rereverend rioters had been
ing the procurement of bail, . thesverw---
Conveyed to the gaol of Ennio%
Wednesday afternoon as
ne ott here rioters
, last'and that,nigh
SERIOUS ACCIDENT.
ra bout to return from Barnet
proper y,
races in a vehicle, the.ao by (Teorge Budd, coachman, in
a party of gentlemen we-- 'it
of Mr. Potter, of High•
street, Marylebone, dfman, on driving out of the stable-
the employ of that gentlearc, the coachman came into violent
executedrt wa i
ncugdP °-rrutr:
the
wthitehGthreeetnorri7 the gateway, which. is rather low,
sentience, knocked forcibly against
driving• ox,
ed by a
3c7bOalllio°oaff
the
and he was, in C/Cin- 6 and thence precipitated to the
was as speedily as possible attend
his recovery, the
me , but no
ground.diee subsequent)e2,....,,P:nanahopee ar
e e nyt
entertained
etdO
ofU ersity College
ii°sPital'broken.
opine being
S~DiATEUR PERFORMANCES OF THE GUILD OF
LrTaAND ART.—Derby has this week been honoured
n'tth.ro-Performance of Mr. Dickens and the Guild, in the
with re Ball. On Monday evening they played at Not-
tfLeegii-an-i, on Wednesday evening at Derby. The following
the arrangements for the concluding expedition :—Fri-
are
day,
27th, act at Newcastle ; Saturday, 28th, Sunderland ;
Monday, 30th, Sheffield ; Tuesday, 31st, public dinner to
the Guild at Manchester; Wednesday, Ist September,i, actree
at Manchester; Thursday, 2d, opening of the great
Library at Manchester—Guild invited; Friday, 3d, act at
Liverpool.

THE LAST ROBESPIERRE.—The last representative
of a name celebrated in the annals of 1793, M. Isidore Justin
de Robespierre, died in June last at Santiago de Chili, where
he had been established nearly siaty years.
Advises from Hobart 'rown to the 18th of April
have been received. The discovery of gold at Fingal, and
the gradual increase of the production, induced the belief
that other deposits would be found, and under these
circum-
stances the colonists were apprehensive of a still further
scarcity of labour. The market for flour and wheat showed
a tendency to advance.
THE EX- QUEEN OF THE FRENCH.
Ainslie quitted Teignniouth, where she has beent ' rending
k Duke
during the last month, to attend, with her sons,
D ke d'Au-
de Nemours, the Prince de Joinville, and
the
'tttluslv cele-
brated the religious servied which was unostentatiously
brated on the 99th instant at the Sepulchral
Weybridge for the second anniversary of the
Louis Philippe. Several faithful friendhsis
in
France to render this pious lima!
join the Queen and the Royal Fami Y a
King's tomb. Chapel at
death of King
over from
emery, and to
tot
the foot of the late
AS TO BETTING-SHOP
HINT TO liousr OwNER! gentry are usually
TENANTS.--Several of the betting-shoe
referto one another, and have
—Queen 31.3rie
in league together,
then sdefective are our laws that there
with-
out suspicion, and ,.n getting them out and avoiding
so plausible a story,
difficulty i
is the greatest parties take them as tenants
case before us to illustrate it. An
have a
serious loss.
Wemisfortune to let a house some time ago to a
owner had the
this description. It is now shut up, has
nest of swindlers of .
ossession of it denied him, and, a
for months,
in
a inb3S t they
been so r, league with them, coolly tells him
scoundrel pettifeotggineg
I till November, and unless you give us
i
46 you can do n
money (besides losing all the rent due). we shall
a sum of as pos4hl "Th t being just above
you out as ong • e. e ren . .
but the
keep
the County Court is not available,
s°l' a yearnsds to see what the laws against conspiracy may
owner intends
mention the cireum-
to punish such
.vagabonds, and we
r legal readers
do
as a warning to others. Some of ou
stance ~ ;,,t_ Rudder.
be AMP ON them a useful ti..--
zatiy