The Sun.
London, England, 1854-04-20 00:00:00

TWO THOUSAITD.

At one time Ruby advanced te 5 to 2, but at the close
3 to I was freely ollfered ; 4 to 1 taken to a email sum
about BOiardo.; 10,000 to 100 and 1,000 to 10 laid
'against Ruby's winning this event and' the Derby.
GREAT NORTHERN HANDICAP. . •
100 to 6 agst Aguilla (taken).
20 to 1 apt West Australian (taken).
CHESTER CUP.
10 to 1 apt Baalbec (taken).
12 to -1 agst Marc Antony (taken to 501.)
13 to '1 agst Newminster (taken).
20 to .1 agst Duchess of Lorraine colt (taken to
• • 1001.)
20 to 1 apt Star of Surrey (taken and offered).
40. to 1 apt Joe Miller (taken).
- • - THE DERBY.
4to l•agst Scott's, lot (taken and offered).
5 to .1 apt Autocrat (offered).
7 to
_1 eget King Tom.
Bto , 1 apt Dervish (taken and offered). \
20 to 1 agst Wild Huntsman (offered).
, 33, to 1 apt Ostrogoth.
-40 to 1 apt New Warrior.
• ,Sato 1 apt Neville (taken).
50 to 1 apt Ruby (offered).
1000 to-10 apt Bessus (offered).
MO to 10 agst Boiardo (taken).
WEDNESDAY. •
SivzsiPisiAßES of 19 sois each, for 3-yr-olds, 7st ; four,
Bst 81b ; five And upwards, 9st 111 b, The winner to
•be sold for 150 soya if demanded, &c. Ab. M. (3 subs.)
Captain Lane's 'Guy.Mannering by Bay Middleton,
3 yre, ast 114
Mr. Greville's Mandricardo, 3 yrs, 7st (Harding)... 2
Betting-5. to 2on Guy Mannering. The favourite
made all the running, and won by a length.
THE tRAtIEN HANDICAP of 25 BOYS each, 10 ft, with
- 200 added, for 3.yr-olds and upwards ; certain winners
extra. T.Y.C. (16 subs.)
Capt... Lane's Ephesus by Epirus, 6 yrs, Bst 181 b
(Bartholomew) 1
Duke of Bedford's Nathan, 4 yrs, 7st 91b ...(Pettit) 2
Mr. J. M. SCanley's Orinoco, 4 yrs, Set 31b (includ-
ing 31b extra) • (Charlton) 0
Count Batthyany's Determination, 3 yrs, sst 11lb
(Oliver, jun.) 0
The following also ran :—Nicotine, Placid, Quince,
Bourgeois, and Conspiracy.
Betting-7 to 2 .apt Orinoco, 4 to-1 each apt Ephe-
sus and Bourgeois. Won easily by three lengths. A.
very fine race in with Nathan, Orinoco, and Determina-
tion, Nathan obtaining second place by a neck. A dead
heat for third place.
HANDICAP PLATE of 501. for 3 Yr-olds and upsiards,
A. F. .
Mr. Stevens' Lady Flora ; by the-Libel, 4 yrs, 7st 41b
(Wells) 1
Mr. Wigram's Legatee, 3 yrs, Est 101 b ...(S. Steggles) 2
Mr. Lister's Mysterious Lady, 3 yrs, Est 1216
(D. Hughes) 3
Betting-5 to 2on Lady Flora, who won, bard held,
by three-quarters of a length. Very bad third.
'The Cots' tst STAKES of 50 cove. h ft, for 3-yr-olds;
colts B'.t 71b, and fillies Bst 416 ; those by stallions
or out of mares that never produced a winner allowed
31b, if both.slb. B.M. (22 subs.)
Mr. Howard's Prince Arthur, by Orlando out of The
Princess (3ib), Bst 41b (Wells) 1
Lord Exeter's -Miranda by Lanercost, 8-t 41b.
(Norman) 2
Mr. Greville's Boer by Van Tromp (51b), Bst 21b
(A. Day) 3
Mr. Greville's_ Kaffir by Alarm (31b) Bst 41b (Flatman) 4
Betting-6,t0 4 agst Prince Arthur, who won easily
by three quarters of a' length ; half a length between
the second and third ; good fourth.
HANDICAP PLATE of 701. ; for three/ear-olds and up-
ward*. D-I. •
Mr. E. Parr's Newbold, 3 yrs, Est (J. Quinton) 1
Mr. P. Fryer's Jack Leeming, 6 yrs, 7st 71b (Kendall) 2
Mr. A: J. Le Crag's' Apostate, 5 yrs, 7st (Palmer) 3
Mr. Megson'sGeorgy, 4 yrs, 7st (Charlton) 4
- -

Betting-2 to 1 agat Newbold, sto 2 agst Jack
Leeming, 3 to 1 agst Gregory, 5 to 1 agat Apostate.
Newbold held- the lead throughout and won by three
lengths ;, the other two were beaten off a long way.
Illiverte. ;100, • h ft. Mr. Newland's El Do-
rado reoloived forreit.frotn. Mx, Da*, jun.'s Lady Jane by:
the Herb but of Fanny; by NVliiskenr, flat .04 each. ,
Singing facies were in:a- large roOjority at the settling
to-day; for CoupOtat had proved a lucky coup for the
fielders, to whom the results of great races are, for the
most part, now-a-days, only a sore discouragement.
The morning betting was chiefly on events to be de-
cided in the course of the.day at Catterick Bridge, but
we deem it unnecessary to specify the transactions.
The 'other quotations were as follow :

THE TWO THOUSAND.
3 to 1 agst Ruby (taken).
25.t0 1 agst Marble Hill (taken).
oaREAT NORTHERN HANDICAP.
(I to 4 agst Virago (taken).
. . • • DERBY.
• 9do 1 agst Dervish (taken and off).
1000 to 25 asst Bracken (taken):
1000 to 15agst The Trapper (taken freely).
AFTERNOON BETTING.
PORT STAKES.
Bto '2 agst Sittingbourne.
TWO THOUSAND GUINZA.S.
iOO to 30 agst Ruby (taken).
.4 to- 1 agst Buiardo.
.to 1 agst Champagne (taken to 501).
I GREAT NORTHERN HANDICAP.
15 to 1 agst Agnilla (taken).

DERBY.
•
sto 1 agst Autocrat (offered).
ti to 1 agst King Torn (offered).
9to 1 agst Dervish (offered).
20-to 1 agst Andover (taken to 1001).
3000 to 90 agst Bracken (taken).
1000 to 15 agst Prince Arthur (taken).
3000 to 15 agat Marble Hill (taken).
Another remarkably hot and dry day—clouds of dust
sweeply thickly over the heath. The attendance and
sport were comparatively moderate.

NEWMARKET RACES—Term DAY.
ENTRIEB f6r the HANDICAP PLATE of 501., for 3-yr,
olds and upwards. T.Y.O
Aga
•

El Dorado ... ........ 3
Lady Elegant
Atonic Moses 3
Lady Flora • 4
Oxus ' 3
Captain Flash
St. Faith
Black Swan

Age
Petrel 4
Adeline
SWeetness 4
Anteverta
Jessamine 3
Speed the Plough' 4
Folly of the Day 3

MURDER IN FRANCE.

A pretty young wouiiiti, Lease Mercier, aged
27, and her fath_T, aged 62, were tried a few days ago
by the Court of Assizes of La Vendee for the murder of
a farmer, named Rouhaud, of Poire-sur-Rellierre. Be-
tween the woman and this man intimate relations had
long existed, and she had a child, who is now aged about
four years, by him. She frequently pressed him to marry
her, but he constantly refused, though he kept up his
connection with her. She more than once threatened
him that she would murder him if he should marry any
other woman, but he paid little attention to her menaces.
Her fathes, also declared that he would be avenged on him
if he should abandon her. In December last it was an-
nounced that he intended to marry another female named
Loizeau, and this greatly exasperated Louise Mercier.
Ins the night of the 4th of January, Rouhaud
was awakened by a Noise amongst his cattle in a shed,
and he got up to see what was the matter. Shortly after
he had left the house he was beard to utter a loud cry.
His mother hastened to him, and found him lying on the
ground bathed in blood. Me had a. deep wound in the
shoulder, and another in the abdomen ; the latter was
mortal, and in a few seconds he expired without speak-
ing a word. Near him Ras found a pitchfork with one
of the prongs broken, and a few yards off a straw
hat. Suspicion immediately fell on the young woman
Mercier, and the hat was recognised as belonging to
her brother. She was arrested, and in a short time she
fully confessed that, it was she who
.had committed
the murder. She had, she said, done it in conse-
quence of Rouhard's abandonment of her, and she
solemnly declared that neither her father nor any other
person had aided her in it, or had even been acquainted
with her design. After the publication of the banns of
his marriage, she had, she said, possessed herself of a
knife, belonging to a butcher, named Garreau, with
whom her sister was in service, and of a large pitch-
fork belonging to her uncle. She had then in the night
of the 4th dressed herself as a man with clothes belong-
ing to her father and brother, and had at a late hour
-gone to Rouhard's house. Having knocked' rudely at his
window-shutters, she, expecting him to come out, had
placed herself behind a post. In a short time he ap-
peared, and she had stabbed him with a pitchfork in the
shoulder ; he had turned hastily round, and had wrested
the pitchfork from her ; but before he could strike
she had plunged her knife into his bowels. She had then
taken to flight. According to the indictment the father
must have assisted the girl in the perpetration of the
crime, as it was not likely that she would have carried
a heavy pitchfork when she was armed with a knife ;
and as, besides, a neighbour of the murdered man had
distinctly beard the footsteps of two persons, the
heavy tread of a man, and the lighter one of a
woman, proceed rapidly along the road just after the
crime was committed. The father had, moreover,
returned to his other daughter the knife which her sister
had taken. But a strong circumstance was men-
tioned :—After the crime the second daughter, whose
name was Aiin4e, had been for a moment suspected, and
had in consequence been discharged from the service of
the butcher. This, combined with the arrest of her
sister, and with that of her father, which subsequently
took place, drove her distracted, and she went and
drowned herself. When her dead body was brought
borne her mother gave way to the must violent affliction,
and, in her despair, cried that it was her husband who
was responsible for all, as he had aided Louise innorn-
tnittingthe murder, and as She had heard him say on his
return that he had given Rouhaud a good stab with a
pitchfork, to which Louise had answered that she had
given him one with her knife. The jury, however, did
not think the evidence against the man sufficient, and
it acquitted him. The female was declared guilty, but
with extenuating circumstances, and was sentenced to
10 years' imprisonineet, with hard labour. In the course
of the trial the knife she' had used was produced—she
turned her eyes from it with horror

I BAILTP AY INTELLIGENCF.

GREAT LUXEMBOURG.

A CHILD MURDERED BY ITS FATHER.—On Tuesday
morning a little girl, aged 16 months, named Bathed
Goodall, was murdered by her father, John Goodall,
at the village of Milford, situated between Bdper
and Duffield, about eight miles from Derby. A
coroner's inquest was held yesterday at the Beehive,
Milford, before Mr. Aloz:ey, when evade ce was given,
to the following effect :—lt appeared that the
man who committed the crime had lately been em-
ployed as a mechanic at Wolverton. In consequence
of his dissipated and vicious habits his wife was separated
from.,him. There had been frequent separations between
them. The wife now lived in a small cottage at Mil-
ford, with her children, and her father supported them.
On Monday morning she received a letter from her
husband, stating his intention to visit her on Tues-
day. He came in pursuance of his intimation, and
while his wife was in the garden, hanging out
some clothes, be went up stairs and cut the child's
throat with a razor. Mary Goodall, the mother of the
child, deposed that she was the wife of the prisoner.
They had been•married 16 years, and had three children
besides the deceased. In consequence of the ill treat-
ment of her husband, and the fears she had of his threats
she had several times left him and went to live with her
father. Her husband had repeatedly told Ler that he
had been tempted to cut the throats of herself and chil-
dren. ' Her husband arrived about nine o'clock on
Tuesday morning. He asked where the children were,
•and,•after some conversation, on being told that they
were in bed, he said he would go .and lie down with
them. The, witness ,went out, but in a few minutes,
hearing a anream, tthe ran hack, and on proceeding to
the bed room found the child dead on the bed. The
prisoner left the house, but an alarm being raised by a
neighbour, he was apprehended. A constable, who
took the prisoner to the lock-up, 'deposed that when the
latter arrived there he said, " The child's all right. I
can't help it. The child's in heaven." The surgeon
who examined the child said there was a pool of blood
on the bed. The windpipe had been severed, and death
must have been almost instantaneous. The evidence
was read over to the prisoner, who paid great attention
to it, but did not make any remark. The jury returned
a verdict of " Wilful murder" against him, and he was
committed for trial at the next Derby assizes.
MURDER OP AN INFANT IN CAMBERWELL. Last
evening Mr. Carter inquired into the circumstances at-
tendant on the death of George Edward Sewell, an in-
fant of four months old, which had been drowned by its
Mother. Ellen Doyle, a girl of 14 years of age, who
was servant to the parents of the deceased, said they
had always behaved with the utmost kindness to both
their childreh. On Saturday morning last her master
went out about seven o'clock, leaving at that tone in the
house her mistress, the two children, his niece, a girl of
about 10 years of nge, Mrs. Pursell, her rnisireas's grand-
mother, and witness. Witness saw her mistress take the
baby from her niece, and take it int.) the garden in about
a quarter of an hour after. She also saw her take it up
stairs, and soon after she returned to the parlour, put
her bonnet and shawl on, and went out by the street-
door, taking with her the key of her bedroom. In
labout three-quarters of an hour afterwards witness
thought she heard the cries of the baby, and went up
staiis to the bedroom, but found the door locked. She
then got the parlour door key, which unlocked it, and
she found the baby lying on the floor dressed, with its
face in a b +sin of dirty water. She screamed, and
sonie persons came to her assistance. Mr. Gen. Sewell,
the father of the deceased, was next called arid sworn,
and stated that for 18 months past his wife had labonred
under mental affliction, and had medical advice for it,
but no one dreamt that she would place violent hands
on her children, particularly the latter, as she appeared
much attached to them. Oti Saturday morning last he
got up about seven o'clock and left hOine, leaving his
wife in the a.ct of dressing herself and the deceased in-
fant in the bed. At about nine o'clock his wife made
het; appearance at his place of business in Finsbury-
square, and the moment he saw her be had a presenti-
ment that something had occurred, and asked her what
was the matter. She replied, " George, prepare your-
self for the worst—l have destroyed the baby." She said
she thought it had been much neglected, and that she had
better destroy it that it might go to heaven. He asked
her how she had done it, and she said she had drowned
it in a pool of water. Witness, in conclusion, said he
had no doubt his wife had destroyed the deceased, being
at the time in an unsound state of mind. Mrs. Pursell
was called, and said that before the discovery of the de-
ceased she had occasion to go to the water-closet in the
garden, and there found a pail full of water, and water
was also splashed on the floor, upon which the coroner
remarked that from this circumstance it would appear
that the deceased had been either drowned, or been at-
tempted to be drowned, there in the first instance. Mr.
Clasney, a medical man who had been called in, said the
death of the deceased had been caused by drowning, and
the coroner having summed up, the jury, after a few
minutes' consultation, returned a verdict of wilful mur-
der against Catherine Sewell.
CHARGE OF MURDER AGAINST A BROTHER.—A case
came before the borough coroner at Liverpool, on Tues-
day, involving a charge of murder of the most aggra-
vated nature against a young man named Win. Eaton,
Very respectfully connected, residing in Hatfield-street.
It appears that on the 14th of February last Eaton went
home in a state of considerable excitement, and without
any provocation knocked down his sister, Mary Ann
Eaton, a girl of 16 years of age, and afterwards jumped
upon her stomach, thereby inflicting very severe injuries.
The poor girl was confined to her bed for some time, and
it was not expected that she would recover. On the 24th
of the same month her brother came home intoxicated,
and a second time knocked her down and jumped upon
her. He also struck her on the belly with his fists, and
declared he would have her life, but while in the act of
thus maltreating the poor girl, Eaton was seized by his
-brother and some of the neighbours, and his sister was
taken to bed, and a in dical man sent for, who pro-
nounced her in a very dangerous state. The next morn-
ing the unfeeling wretch ,went to the bed-side of his sis-
ter, who was suffering dreadfully from the injuries she
had received, and addressed her in a tone of disgusting
levity, asking her how she liked the bumps and thumps '
she bad received the night before. About a month
after this, while 'she was still in- bed suffering from
these injuries, Eaton went to her and struck her
again, notwithstanding the helpless state she was. in; and '
in consequence of this his mother applied for a warrant
against him, and he was apprehended and brought be.
fore the magistrates- on Thursday last, charged with the
attempted murder of hi, sister. The above facts having
been deposed to Eaton was committed to take his trial
on the cliarge of Attempting murder. On Monday
morning the poor girl died, her statement as to the
injuries she had received having been taken some hours
previously. The details of -the case were not gone into
on Tuesday, hay.ing. been formally
opened, WWI ataijsoutrhneed.ilw)clhueetsltihere is little doubt that
;he result of it will be that the brother will have to I
take his trial on the capital charge,
,
At the hearing ' GRAND SURREY CANAL COUPANY.—At the annual
,before the magistrate, Mr. Barrow, a merchant of Liver. meeting of this company on Tip-silav, the report stated
pO6l, stated that he was executor under the father's that the timber trade of the docks had largely benefitted
will, and had paid the prisoner and his brother 4201. by the increased
wood-laden ships dischargedimp having been 484, againstortion of last year, the number of
'each on attaining their majority, and that their sister ;
(the ilioeased) would have been entitled to okailar ' 287 hi the previous year. A dividend of V- per share
faul on cm* of age, 1
Nra3 accordingly declared.

RAILWAY TRAFFIC RETURNS.
THE GREAT NORTHERN RAlLWAY.—Traffic return in/
the week ending April 9, 1854 llB,OOl 9 7
Corresponding week last year.......
,15.593 6 4
LANCASHIRE AND YORKSHIRE' RA/LWAY.—Traffic
turn for the week ending April 16, 1854 .119,646 '2 8
Corresponding week last year 18,042 15 0
SCOTTISH CENTRAL RAILWAY.—Traflic returT, in the
week ending April 16, 1854... 2;302 0 4i
Corresponding week last year 2,680 6 04
CORK AND BANDON RAILWAY.--Traffic return for the
week ending April 15, 1854 £215 9 5
Corresponding week last year 2ll 16 1
CHESTER AND HOLYHEAD RAlLWAY.—Traffic return for
the week ending April 16, 1854 £4,027 18 5
Corresponding week last year 3,511 8 10
--
Increase in 1854 £sl6 9 7

SHIPPING INTELLIGENCE.

NOTICE: TO MARINERS.

LIOHT.VESEIRL OFF THE FETING-PAN f3lfoALs, 'CAPE
FEAR, N.C.
A-light-vessel will be placed; during the month of April
•next, off the southern extremity of the Frying-pan Shoals.
. -Two.lights, each produced by eight lamps and parabolic
",refiectors will be shown. from this vessel, at an elevation
of about 40 feet above the level of the sea. This vessel has
two 'masts, is about 100 feet long, 250 tons, and the top of
the gunwale about ten feet from the' water-line.
The hull is painted yellow., with "Frying-pan Shoals"
in large black letters on both sides. The lower masts are
painted yellow, the top masts white, with an open-work
oval day mark, five feet in diameter, painted black, at an
elevation of aboat 55 feet above the water-line.
This vessel will be placed in nine or ten fathoms, water,
at the distance of about 19 nautical miles, from Bald Head
Lighthouse, and about 23 nautical mil 's from the Federal
Point Lighthouse, off the southern extremity of the shoals
making but in about a S.S.E. direction from Cape Fear.
The following magnetic be .rings will show the approxi-
mate position of this vessel :
From Light-vessel to Bald Head Lighthouse, N.N.W.
W.

From Light-vessel to Federal Point Lighthouse, N. by
W.

From Light-vessel to centre of outer breakers, N.N.W.
W.

• The southern extremity of t',e breakers, with only ten
feet of water upon them, will be about four nautical wiles
inside of the position of tha vessel. A. shoal spot, with 16
feet water n it, will Dear about N.W. 4 N., distant about
2i nautical miles ; and another shoal spot, with 1-3 feet of.
water on it; will bear about N. 4 E., distant nautical
miles from the vessel. •

The sounclingstothe Eastward of the position of this
Light-vessel will be found to be in general, gradual and
uniform, from 10 to about 6 fathoms before deepening,
atter'crossing the outer extremity of the Shoal in the 'vi-
cinity of the Light-vessel ; and the soundings to the West-
ward gradually deepeninc, from the vicinity of the vessel,
from 9 and 10 to 15, 17,°&e., fathoms.
Sailing vessels of heavy draught should not be ran in
bad weather into less than 15 to 18 fathoms water in pass-
ing these shoals. Steamers and small sailing vessels may
be run with safety, under ordinary circumstances of wea-
ther, on, the line East and West, upon which the Light-
vessel will be placed.
Notice will be given of the precise time at which this
Light-vessel will be placed in her position and the lights
exhibited, accompanied by correct bearings and distances,
and the approximate latitude and longitude.
By order of the Lighthouse Board.
Wilmington, N.C., 15th March, 1854.
CUSTOM-HOUSE, Arum 10.

ENTERED INWARDS.—The Glornmen, from Frederick-
shald ; Hannah and E eanor, Charente; Yorkshire, Stettin;
Rival, Terceira; Oden, Grebbestad ; Eindragt, Worcutn ;
Neplinaus, Leghorn ;, Vigilant, Sannesund • Dantzic, Stat,
hello; Duiveland, Rotterdam; Icobu4, ditto • Najaski,
ditto ; Carl, Stralsund ; Mine, Burgertief; 'Eglantine,
Havre; Emanuel. Christiania ; Eucharis Sannesund ;
Nathalie Jacobin°, Hodsend ; Frau Jantje, 'Carolinensiel ;
'Hilida, ditto ; Laurvig ; Maria, Addenalla ; A bal.
one, ()dense ; Maria, Randers ; Johan 'Carl, Christiania ;
Wandringsmanden, ditto; Nordpolen, Sannesund; Annie
Louise, Aalborg; Heurich, Praesto ; Jantina Annechina,
Galatz ; Frau Peta, Rostock ; Cite, Memel ; Mathild, ditto;
Odin Catherine, Sannesuud ; Flora, ditto ; Chris.
tiania, ; Flora, Sarpsburg ; Christians Haab, Felmem ;
Maria Elizabeth, —; Weile, Weile ; Leon, Gravelines ;
Leonne, ditto ; Enrot, ditto.
ENTERED OUTWARDS FOR LOADING.—The John Laird,
for Swan River; Minkinka, Konigsberg; Paquita, San
Sebastian and Gijon ; Rensiqa, Danzig ; Vrou Maria,
Leek ; Drie Gebroeder, Sydney; Royal Lily, ditto; Vrou
Johanna, Flarburg ; Wandrigsnuanden, Christiana, Dram,
and Noss ; Woodcock, New York ; Stuart, Syd-
ney; Atalanta, Berbice ; Bacchanti, Teneriffe and Sierra
Leone ; Mouravia, Cape Coast Castle and Fernando Po;
Eliza, Lurrachee and Bombay ; Guttenberg, Gottenberg ;
Thetis, Adelaide; Mary, Launceston.
CLEARED OUTWARDS WITH CARGO.—The Hannibal, Co-
penhagen ; Wm. Septimus de Septima, Antwerp ; Cash-
mere, New Zealand; Ryswyck, Melbourne ; Eliza, Kur-
raehee and Bombay ; Jane Morehouse, Antwerp ; Alfred,
Stockholm ;New England, New York.

A special meeting of the shareholders was held on
Tuesday at the London Tavern, preparatory to the spe-
cial general meeting of the company, appointed to be/
held at Brussels on Friday next, for the purpose of con-
sidering certain propositions with respect to the 6 per
cent. guaranteed half shares ; Sir W. Magnay in the'
chair.

The CHAIRMAN said he regretted on that occasion that
he could not submit a report approved by all the direc-
tors, as there were differences of opinion at the hoard in
respect to a proposed arrangement with the dissentient
holders of the 6 per cent., shares. The majority of the
board was in favour of the proposition, and he hoped
the shareholders would support them in carrying out
that arrangement. It would be recollected that at
, th'e last meeting there were six dissentients to the
financial measure then agreed upon, which was followed
by litigation in the Court of Chancery. At length
an alternative plan was proposed for the settlement -
of the differences existing between the board of directors
and the dissentient shareholders. 'The alternative plan
for the,ponversion of the 6 per cent: guaranteed shares
was as follows :—.60,000 shares, having paid 51. per share, -
would represent a capital of 300,0001., as in the first
plan ; but it was proposed that a further payment of
30s. per share should be made,on each share, amounting
to 90,0001., and representing a capital of 390,0001. And
that on the surrender of these shares (61. 10s. paid) there
should be given to the holders two obligations of 4/.
each in exchange for every share of 61. 10s. paid, or
120,000 obligations of 4/. each, representing a capital of
480,0001. This would be equivalent to a bonus in obli-
gations of 90,0001., which would untimately be increased
by 120,0091. when all the bonds were paid off, making
the entire bonus in capital 210,0001. The holders hen
paid off in obligations (or bonds), would escape the risk of
ordinary shareholders. The annual interest payabl.e on
-390,000/., at 6, per cent., would be 23,4001., and on the
480,000/. bonds, at sper cent. 24,0001., being 6001. a-year
.more than the former. According to the first plan, it
was proposed to call up no money beyond the 300,0001.,
and to give amultimate bonus of 150,000/. in the shape
of obligations, when paid off, and a 6 per cent. prefe-
rence dividend, instead of a guaranteed diyidend ; while
in the second or alternative plan it was proposed to call
up 60s. per share, or't,o,ooo/., and to giYe an 'ultimate
bonus in capital of 210;000/., at the same time. giving
the 6 per cent., shareholders bonds to the amount of
480,0001.; bearing 5-per cent. interest, and on being
paid off an additional sum of 120,0001. Owing to the
change in the state of the money market they had been
unable to obtain the advance they were promised, so
that, unless they agreed to the proposition to raise the
90,0001., they would be compelled to make a call upon
the constituted shares There was no doubt that, by
timely aid, they would be enabled to open the line
from Brussels to Namur in June next. The works on
the line from Namur to Arlon had been retarded,
with a view to enable rapid progress to be made on
the line from Brussels to Namur. This 'arrangement
would not delay the opening of the other portion of
the line to Arlon, as, ou the coMpletion of the first sec-
tion, they could concentrate their efforts on the second
section. About 50,000/. would enable them to open
the line to Namur in June. Unless the necessary
funds were immediately forthcoming, very advanta- ,
genus contracts to the company would be endangered.
Mr. W. A. WILKINSON, M,P , moved AS an amend-
ment, to the effect, that a committee of nine share-
holders be appointed to investii,fate the affairs of the
company, to consult with the directorst and to report
the result of their investigstions to an adjourned meet-
ing on the 16th of May next. He hail no objection to
the proposed arrangement, 'provided it received the
sanction of the committee,
Mr. FIELD seconded the motion.
A long discussion ensued, in which Mr. Andertori,
Mr. .L)on, Mr. A. Moore, Mr. D. W. Harvey, Mr.
Taunton, and other shareholders toon part, which re-
sulted in the re:.-_ttion of the aniendinent, and the
adoption of the alternative plan proposd by the chair-
man, of.settling with the 6 per cent. preference share-
holders.