The Sun.
London, England, 1849-07-16 00:00:00

lIC° T.

PRo UT, 229, STRAND.
Sir No. 208, Piccadilly, London, October 19, 1847.
I,elth h It I.
now three and a half years since I was sorely afflicted
lau the yr'nlaticOkmt, the suffering from which induced me to try
meVise, ,',,riWesed remedies that extensive medical experience could
erie of the tout obtaining any satisfactory relief from pain. During
and RliEta,...rnxYsms a friend advised me to try BLAIR, S GOUT
—"les tak ''LATIC PILLS observing that he had in some severe
sternly en then, himself, and they proved very successful. I in.
soon be,,,ooP,ted his advice,' and to my joy the excruciating torment
*idol phana, abate, and few boxes restored me to health, since
„," I trut soh ad no return of the complaint.
•maY kilo; ,3'ou will give publicity to my case, that suffering humanity
I' "°W to obtain a remedy for this distressing disease.
" am, Sir, your obedient humble servant,
The abc, °` MICHAEL NASMYTII."
%lit and ve testimonial is a further proof of the efficacy of
/lath you tithentnatie l' 11 which afford speedy relief to those
.afflicted
hem The slumbago, sciatica, tic doloreux, pains in the
PlLLSThef:e4uCre;,:ti l:valerly analogous complaints.
eNer-failing effects of BLAIR'S' GOUT and RHEUMATIC
descrition of Gout and Rheurnatism,r met
pr
sot o them a celebrity unequal)ed by any medicine o pas
etePr.!_ent tunes. They not only give relief in a few hours, but re-
ar,
e`.? perfett health in an Inconceivably sho.rt space of time. They
or f..1".11Y sPeedy and certain in lumbago, sciatica, pains in the head
and indeed in every rheumatic or gouty affection : in fact,
has been the rapidity,
astonished all who have taken it ;sand there is
.:14reely a city, town, or village in the kingdom but contains many
ir,jefill evidences of its benign influence.
Sold by Thomas Prout, 229, Strand, London, and, by his appoint.. Liaerlt, by all respectable Medicine Vendors throughout the United
"Jngdom. Price 2s. 9d. per box.
Ask for P.LAIR'S GOUT and RHEUMATIC PILLS, and observe
the name and address of " Thomas Prout, 229, Strand, London," im-
Dre.ssed upon the Government Stamp affixed to each box o:fthe
genuine Medicine.

TO AN OLD NEWSPIIPER.

Time-honoured print,withinterestnelv,ps.
peruse
Thy paragraphs of,
lung-forgotten
While Teading thy in elligence, I know
What busy man was doing years
as eatrhseayg v.
I read of men and manners
Anti muse on topics which have ceased to Stir. y‘ere,
o
And much I find to please,whilelel,s.
peruse_
Thy paragraphs of long-forgotten. .
n
While Oancing at thy advertising sheet,
; etm,
With tradmg and commercial enamcs I
And while I look thy business columns o'er,
I read of houses which are now no more.
I guess,
Some change, old print, has taken place,
Singe thou was't issued from the public press.
I search thy columns, but my searching closes,
Without my coming to the names of Moses . .
A trading name, which now-a-days is seen
In many a paper—many a magazine.
Moses and Son, methinks, would smile to see
The high-priced clothing advertised in thee.
Por'alnce thy old advertisements were printed,
The tailors' profits have been greatly stinted.
Look at the prices charged by Moses now,
nd yet their dress is good, as all allow.
Their clothing, hosiery, hats, and boots, and shoes,
Aro what the most particular would choose.
6triking evidence in thee appears,
That Moses was required in
Are 2.,,,,,,. m
by-gone years.
The
o a —"" odvertisest, like thy• elf,
lout of date, and laid upon the shelf.
other goods, for other prices made,
l'reV Mossrs Moses first in all the trade.
LIST OF PRICES.
IxADY MAIM.
.a.n.4...e.ve 7. desert!" 1 2 6
363Aersui8wPrehirlA,:entla,Summer Wrappers.. from X 0 8 6
800 of 1
-Pe
oa
al et tso. t.,
Cloth Over lt Over
I....,,,raeirtm_Coats, of a light texture, and..lip..n.2- 1 1 0
0, —Lamed . ........ • • • • • ••• •
,„ 1 s 0
De.. do. lined with silk..
F
and do, superior quality •••• •••• ••
: •••• :::: 01 182 59
•,.'4" Rolland Blouses. •••••••• • •• • • • • 04 0
. (MeV Victor' d Tweed de.. ao•••••• • •• ••
...... 0 4 6
tt:Zlt Catt ..
•,
: : : : :' : : •• ' : : : : : : : : : : . ....
..
.... : ? 170
00°
.. •••••••••••
Spring and s •• • • .... • •
~
~ .. 0 4
Doesir,_ Summer Trousers —•••• • •
... 0 7 6
bringm and Buckskin d 0....... ••••• • ' • • 01 6
;lackand„Suminer Vests in everf TarietY••••• 0 4 6
and .r Illored Satin Tests...—. ••• • • • 09 6
sick de. superior quality ••• • • .....
••
6
White
Bon's Black C'eth Vests :.................
Ma•reella Vests . . ... .. ....:......... (.) 4 6
00
3 10
ten BPring and Summer Vests•• •••••• •• " 0- 0
0
......03's• tlussar and Tunic Suits.. •• —''''• ' • • nl5
6°44'111%10t Coats in great• variety •••• •• •• - 4 0 YADI To PIZABOILI.
Paleto+-..., made from a variety of material, fitted
Do. very
for Summer wear... 1 1 0
Cloth
trimmed. ::::::::::::: .•
1 5
/13)11Perior Cloth of a light texture•• •• •• '' • • - 15
0
Ditto of
Coto
ed with atit, .. 2 2 -
RDitto Dress Coatn —•-•• •• 112 0
Superest do ... .... ••
•• •• •• •• ••
••• •• '• •• ••
.. 2 15 0
do. Superfine Freek d .....
••• • - • • • •••
1 15 0
fine
•
autekddo..... .......... -..: •••••••• • • " • • • • " 0 1 -
au e 7 peeskia Tro 0 16 6
6 0
Black Cletii•i• •'•••—••-••••••• • • •• •• •• •• 1 6 "6
Rest de.. ests•• •• •• .................... 0 8
Splerrlid i•ii;;•r—ea—t ....
••••••• • • • • ..
•.• • • • 0 13
6
Best do.; 4 • - •

Mena
F i tlepneT fls v v
in e i
td'ec7i.e. 8.1. .1 t s.
. : : : : : : •..
..
:• :• .:
..• : : : : : .• .. ... 11 155 00
ziegazingt
eboraessts
itirier:,llll;Ta Vests .e.ty..fr.o.m.
Fish'
o 7 0
Variety, ~.... 77. :le in
0 .10-6 to 1 16 0
* • • •• gr!atfrorn 0 16 0 to 5 0 0
Mourning t° any exten;.at.Five Minutes notice.
A Suit of Clothes complete for 11. 10s.
fsrliiseeunew b^.,,,0k, entitled the "Great Fact," with full directions
ri.., .ineasnrement, can be had ea application, or forwarded, post
--._ I. silY Part of the kingdom.
tvZilee—The Shaw sonarasel Department are new replete with
-, novelty of the sea
Obserye _
%lemur ,--..ny article purchased, either ready made, or made to
~„ ei If not approved of will be exchanged, or the money returned.
iLili. MOSES and SON, Tailors Woollendrapers. Clothiers, Hatter%
14 Ile Vurriers. Boot and Shoemakers, and General Outfitters 154,
1404,:6_ai1d 157 Minories, and 83, 94, 85, and 86 Aldgate, City,
one vast
k._ '''. au communicating With each other, and forming
--hst, blishraent
Sgs•stint °n•—i. Moses and Son regret having to guard the public
rseiseltemizn.p°.B.ition ; but having heard that the untradesman-lik? nu been 0. ming connected with them, or " It is the samescorncert, '
44'
ben regcrted
ta in many instances, and for obvieu howe
hi ._ g to State that they have no connexion with any other _
utver out of LA ^
1, --n.on, except their. Branch Establishments, 36, Far-
azia ' teffield ; and 19, Thornton's-buildings, Bradford, Yorkshire ;
Ece., should call
it
...._ ose whe require cheap and genuine clothing'. . of
IN,I, gond to the Minories and Aldgate, City, London , or either
,ttronsh Establishments, as above.
closed
h . All 44 n
Notice.—This Establisament is from sunset a 64
tUrditY, Whin bus-eatU ooti ii rrted till tWelYi o'clock. Friday.

IIANWELL
nATORY COLLEGE
SCHOOL. and PREPA.
The VACATION will CLOSE on the 23d instant.
J. A. !MERTON, D.D., Principal.

THE absence of W. M. S: has caused the greatest
anxiety and uneasiness to his Family and Friends, and it is
hoped that he will immediately write to " Mr. Walker, solicitor, at
Brett's Hotel," appointing an interview, at which matters shall be
put in a train of sati •factory and immediate arrangement.

TO LET FURNISHED, for THREE or FOUR
months, or longer if required, in a highly respectable neigh-
bourhood, within a short distance of a pack of fox hounds, one hour's
tide from London by railway, and half a mile from the station,
A very delightful detached VILLA RESIDENCE, standing within
about twelve acres of beautifully laid out enriched grounds, with
cascades upon two trout streams The house is replete with every comfort, and fit for the residence of a family of the first respectability,
containing nine bed-rooms, dressing-room, drawing, dining, and
breakfast-rooms, servants' offices, stabling for four horses, and a
loose box and good coach house.

For particulars apply to E. T. Archer, Decorator and Upholder,
451, Oxford-street, London.

'll El ROYAL POLYTECHNIC
INSTITUTION, REGENT-STREET.
Lectures on Chemistry, by Mr. J. M. Ashley, daily, at Half-past
Three, and on the Evenings of Monday, Wednesday, and Friday, at
Nine o'clock.—A Lecture by Dr. liachh6ffner on Master's Patent
Process of Freezing Dessert Ices, &c.—Lecture on Paliting, by J.
Clark, Esq., illustrated by examples from the Old Masters.—A Lec-
ture on Character, with Musical Illustrations, by J. Russell, Esq.,
every Evening at Eight o'clock.—The Microscope.—The Dissolving
Views ;nclude Scenes in Australia and Van Diemen's Land, from Ori-
ginal Drawings taken on the spot by J. Skinner Prout, Esq. ; also a
new Series of Dioramic Effects, by Mr. Chilele.—New Chroma-
trope.—Diver and Diving-bell.
Open daily from Eleven to Five ; and in the Evenings (including
aturday) from Seven till Half-past Ten.
Admission, ls,—Schools, Half-price.—The New Catalogue, ls.

A R R I A G E.
M One hall the world are desolately single, and the other
fupposiag them married, questionably contented. Diffidence, or a
iense at right determine the former, and miscalculated hopes em-
-o:tter the latter. The solitary one may shield himself under the plea
A caution and worldly prudence, and the indissoluble, regret un-
7oraprosiag harry ; but the truth lies deeper. Physical incapacity,
and broken health, are the great hindrances to domestic happiness
end social content. The dowry should not be the only marriage set-
.lement. Honour andjusticedentand that health shouldform an item
in the compact ; it alone dignifies the alliance. Blighted hopes er
neglect wound more sorely than poverty or misfortune. Reader, if
these surmises concern you, procure Dr. CULVERWELL'S little
AEMOIRS "On Single and Married Life, " pub. in 2 vols., is.
each (by post, in stamps, Is. 6d. each). Let ne Imaginatively
refined, or prudish feeling deter you, by their titles, nor be hindered
oy misinterpretation of their supposed contents, from obtaining
t iem. They are not intended certainly for mere idle curiosity, lout
far the closet perusal of those more deeply interested, to whom
t'ley are offered as antagonistic to the empyrical trash put forth on
toe above subjects, by unqualified authors, which alone or
',ogether, are a disgrace to the age. Furthermore, two other
tittle publications claim your attention (same price Is. each,
by post ' Is, 6d.) called " What to Eat, Drink, and
ivoid," and " How to be Happy." They are not merely
pamphlets, but equal in quantity a library volume, nor are they the
mere ephemeral scribblings of the hour, but the study of the author's
life who owes his prevent existence, health, and position to this ob-
servanca of the maxims he would inculcate—to do unto others as he
would 'ae done unto—to live after nature's laws—and to keep always
on'the sunny side*of the way." The above works may be had of
Sherwo xi, 23, Paterncster-row ; Carvalho, 142, Fleet-street • Mann,
39, Com All; Ralson, 4b7, West Strand; or direct (by post or other-
) irons the anther (who may be conferred with personally,
130'n'Ilvs and •veninrs). 10. ArRYII-01ate Rereol-street: an.i all

Illustrated by 26 Anatomical Coloured Engravings
TIE on
INSteceArl.
oiir PHYSICAL DISQUALICATIONS, GENtTpnbllisAßhet,olApriGZ.2s. 6d., or
CITY, &ND IMPEDpIagMr.
dTuSs
stew -6dition, enlarged to 196
by nest, direct from the Establishment, 33. ad. in
dlna 11 mercury,
diez
iHE SILENT FRIEND, Medical
t postage stammps,
Work on
the infirmities and decay of the generative
system,
cessive indulgence, infection, and the inor
with remarks on Marriage, and the means of obviating certain
lUaliflcations. Illustrated by 26 Coloured Engravings. By R. and
L. PERRY and CO., Consulting Surgeons, 19, Berners-street,
erd-street, London. Published by the Authors : said by Strange,
21, Paternoster-row ; Hannay, 63, and Sanger, 150, Oxford-street;
3tarle,23, Titchborne-street, Haymarket; and Gordon, 146, Leaden-
hall-street.
PART I. treats of the anatomy and physiology of the re-productive
3rgans, and is illustrated by Six Coloured Engravings.
PLAT 11. treats of the consequences resulting from excessiveindul-
once, and their lamentable effects on the system, producing mental
and bodily weakness, nervous excitement, and generative neapacity.
Elluttrated by Three h:xplanatory Engravings.
PART 111. treats of the diseases resulting from infection, either in
the primary or secondary form, and contains explicit directions for
their treatment. This section is illustrated by Seventeen Coloured
Engravings.
PART IV. contains a Prescription for the Prevention of Disease
by a simple applicatien, by which the danger of infection is ob-
viated. This important part of the Work should not escape the
reader's notice.
PART Y. is devoted to the consideration of marriage, and its
duties. The causes of unproductive union are also considered, and
the whole subject critically and philosophically inquired into.
TMEt.:ORDIAL BALM OP SYZIACIIM is exclusively employed in treat-
ing nervous and sexual debility, impotence, &c., and 335. per
bottle. The Concentrated Detersive Essence, as anti-VPhilitic
remedy, for purifying the blood in cases of infection, secondary symp-
toms, eruptions, and the abuse of mercury, I Is. and 335. per bottle.
Parry's Purifying specific Pills, Is. 9d., 4s. 6d., and I Is. par box, a
Torte's; remedy for gonorrho3a, sleet, stricture, and chronic inflamma-
t n of the bladder. Consultation fee, if by letter, 11. A minute
retail of the case is required : age, habits, and position in society.
51. Packets, with.
Which advice, to be had at the Establishment only, by
the fee,ll., is saved. Messrs. Perry,
Surgeons,
atten-
dance 'ICY at 19, Beraers-street, Oxford-street, Lon,earn,efrinomattnEle-
ven till Two, and riVe to Eight on Sundays Prom Eleven to Ono

UNIVERSITY OF LONDON.-NEW

CHARTER.

Her Majesty has granted to this university a new
charter, which is likely to excite great interest and at-
tention in the educational world. As our readers are
doubtless aware, persons who have graduated for ho-
nours at Oxford and other universities are sometimes
compelled to refrain from taking a degree owing to their
conscientious objections to subscribe to the Thirty-nine
Articles. By the new charter the Council will be em-
powered to confer the respective degrees of Bachelor of
Arta, Master of Arts, Bachelor of Laws, and Doctor of
Laws, on any persons who have graduated at Oxford,
Cambridge, Durham, Trinity College, Dublin, or any
other university in the kingdom. Another point in the
new charter, which will be of great service, is, that the
Council may institute examinations for certificates of
proficiency in any subject which they may think fit, con-
nected with the Sciences or Arts—such as Architec-
ture, Civil Engineering, Chemistry, Botany, Geology
and Mineralogy, Zoology, Geography, Political and
Physical, Navigation, and Hydrography.
The examination for certificates of proficiency was
one of the original designs of the Council, which they
were prevented from carrying out under the old charter.

DREADFUL SUICIDE OF MAJOR VERITY, LATE
OF THE 92D HIGHLANDERS.—On Saturday Mr. H. M.
Wakley held a❑ inquest at 21, North terrace, Thurloe-
square, Brompton, on the body of Major J. L. Verity,
aged 72, late of the 92d Highlanders, who destroyed
himself under distressing circumstances. It appeared
from the evidence that the deceased had been suffering
for some years from disease of the urethra, and been
attended by Mr. Cahill, and latterly by Mr. Ferguson,
surgeon to the Queen. On Wednesday he was exceed-
ingly ill, and complained of excruciating pain, which
continued to increase; but on the following day Mr.
Ferguson performed an operation, and he seemed much
relieved, but towards evening the pain returned, and he
walked up and down the room in much agony. Mr.
Cahill was sent for, and attended, but while he was gone
for some medicine deceased, being very anxious for his
return, repeatedly asked if he had come back. At
length, between four and five o'clock on Friday morn-
ing, the deceased left the room to look out of the draw-
ing-room window to see if Mr. Cahill was coming; in a
minute or two afterwards the family was alarmed by a
discharge of fire-arms, and deceased was found in the
back drawing-room on the floor, on his back, quite
dead, with a duelling pistol in his right hand, having
shattered his head to pieces, the pistol having been dis-
charged in his mouth. Deceased had been very eccen-
tric in his manners, and of a very excitable temperament.
He had suffered from a sun-stroke in the East Indies,
and a second one two years age while at work in his
garden. Verdiet—" Temporary insanity."
DEPARTURE OF THE EUROPA.—LIVERPOOL, SA.
e
vni ae departurea fourra nd
Halifax,t f
hreoo'clockhaving
ma vatmails
niesgbeforefora
Mersey.
large
tt
hh
TsnstuuhemeßamDbsa.:isrYlheoidEpf
EuropaTfoErEi
NNGe:t
passengerso
yIo EVENING.—It
or herwkn
board,s
e
United States and Canada. Lieut. Reid, R.N., is the
Admiralty agent in charge of the EMAIL

YORK, NEWCASTLE, AND BER-

WICK RAILWAY.

The following areeX;raei;TrO the second report of
this Committee of Investigation, and which is to be pre-
sented to the meeting at York, on Thursday next.
Your committee feel it to be their duty, without
further delay, to report upon certain matters, some of
which, in their judgment, require the immediate atten-
tion of the shareholders.'
1. The application of. the funds of this company in
the purchase of 2,345 shares in the Sunderland Dock
Company.
2. The allotment and mode of disposal of shares.
3. Purchases of iron rails for the Newcastle and Ber-
wick Railway.
4. Certain alleged payments to landowners and con-
tractors, on which the committee deem it right to impart
information.
Your committee refer to their former report as the
sanction by the shareholders of a subscription by this
company to the Sunderland Dock for 3,000 shares, or
75,000/. That report also stated that 2,345 additional
shares were purchased by Mr. Hudson in the Sunderland
Dock undertaking, principally in the year 1847, and
transferred into ,the joint names of himself and two
other directors, and that calls had been paid out of the
funds of this company, not only on account of the 3,000
shares originally agreed to be subscribed for, but also
upon the additional 2,345 shares. It was also stated
in your committee's former report that 62,8171.10 x.
had been paid out of the funds of this company, up to
the 31st of December last, on account of the Dock
transactions, and that the amount had been increased, at
the date of that report, to 91,799/. 18s. lid. There is
now due a further sum of 5,862/. 10s. for an unpaid call
on these 2,345 shares.
Your committee have referred to the' minute books of
the company to ascertain whether any resolution had
been previously come to by the Board of Directors to
increase the interest held by this company in the Sunder-
land Dock, but they do not find either a resolution or any
intimation whatever that such a step was contemplated
on the part of the company; and all the directors deny
any knowledge of such a purpose.
Your committee direct attention to the fact that,
although Mr. Hudson states he made the purchase of
those shares on behalf of this company, no minute of
his having done so appears in the books of the directors
until more than two years afterwards—not, indeed, until
the appointment of a Committee of Investigation was
known to be in contemplation—and then in terms which
assume the previous ignorance of the, Board. The calls
which became due from time to time upon the Dock
shares were paid out of the funds of the company, and
entered in their books when made; but were kept from
the knowledge of the shareholders by excluding
the amount from all the half-yearly accounts until
February last, when the sum of 62,6874 10s. was en-
tered, but no information was even then given to the
shareholders that any further interest had been taken in
the dock than the 3,000 shares originally sanctioned.
It will be seen from the evidence that the transfers of
the 2,345 shares were taken in the joint names of Mr.
Hudson, Mr. Davies, and Mr. Richardson, but that these
transfers have not yet been delivered to the Sunderland
Dock Company for registration.
Your committee have taken pains to ascertain whether
the shareholders present at the half-yearly meeting in
February last (when the company sanctioned the Bar
Moor Branch Bill, in which was a clause authorising an
enlarged subscription for the Sunderland Dock to the
extent of 150,000/) had any information before them to
justify the statement that they approved of the subscrip-
tion to that amount; and your committee do not hesitate
to express their opinion that no such information was
afforded them, the clause never having been read or its
existence referred to in any way at the meeting. They
have, therefore, arrived at the conclusion, that what was
passed at that meeting ought not to preclude the share-
holders from now determining the amount to be sub-
scribed by this company to the Sunderland Dock under-
taking.
Your committee, however much they regret the indi-
vidual consequences which may follow from the company
refusing to adopt these 2,345 shares, are of opinion that
they ought not to be adopted, and that steps should be
taken to recover the amount which has been illegally
paid. . . . .
The Newcastle and Berwick Railway was projectedfor
the purpose of extending the line of railway communica-
tion to B-rwick.

During the autumn of 1844 opposition was raised to
the scheme of the Newcastle and Berwick Railway, and
a rival line was projected. This rendered a larger out-
lay necessary than the 700,000/, which had been first
contemplated, and the estimate of the engineer was in-
creased. The directors of the Newcastle and Berwick
Bill, therefore, increased the subscription of contract for
the Newcastle and Berwick line to an amount equal to
the increased estimate. Previous to the Bill being in-
troduced into Parliament, Mr. Hudson executed the
subscription-contract deed for 8,000 shares; Mr. Davies,
the deputy-chairman of the Newcastle and Darlington
Company, executed it for 4,000 shares ; and Mr. James
Richardson, another director, also executed the deed for
2.000 shares; but neither Mr. Hudson, Mr. Davies, nor
Mr. Richardson executed it in respect of the shares to
which they were severally entitled as holders of New-
castle and Darlington shares. Mr. Thomas Backhouso,
Mr. George Dodsworth, and the late Mr. Richard
Nicholson, who were all more or less connected with
the Newcast'e and Darlington and York and
North Midland Railways, which were at that time inti
mately associated in management, also executed
the subscription contract fur 2,000 shares each;
thus making an additional subscription for 20,000
shares in the names of the six parties mentioned.
The reason for this execution of the subscription con-
tract has been fully explained to your Committee by the
solicitors to the company, as having been merely for the
purpose of meeting the standing orders of Parliament;
and it has been proved to your Committee that no
bona file payment of deposits was made by the parties
subscribing for the twenty thousand shares. If any
eh, ques were given by the parties, which is very doubt-
ful, the operation was a mere device, usual at that period
with the directors of railway companies having to comply
with the standing orders of Parliament; and none of the
six subscribers for these twenty thousand shares pro•
tossed, at the time, that they executed the deed on their
individual account. . . . .

Your committee now find that instead of the register
of shareholders corresponding with the statement of the
chairman, the number of registered;shares has been in-
creased to 56.000, being more by 14,000 shares than the
number which the chairman's statement would justify.
The means which have been adopted for carrying on
and concealing from the shareholders this operation
while it was being performed, are such as call for the
strongest reprobation. If the register of shareholders
had been made up, as it ought to have been, at the first
meeting of the Newcastle and Berwick Company, in
August 1845, such an issue could not have taken place
without at once exciting attention.
The evidence before your committee establishes the
fact that Mr. Hudson has taken for his own use from
the Newcastle and Berwick Company the extraordinary
number of 10,894 shares, while the number to which
the resolution of the company over which he presided
entitled him, was 937 only. Of these 10,894 shares,
2,965 were obtained by him before the meeting of
August, 1846, while the shares were as yet scrip, and
when, as will be seen by the evidence, they were selling
at very large premiums. When the month of August
arrived, Mr. Hudson had disposed of all his scrip —it
must be assumed at these large premiums—for, accord-
ing to the secretary's evidence, all the scrip came in for
registration in the names of other parties, and not
in the name of Mr. Hudson. Your committee can-
not characterise this appropriation of scrip by Mr.
Hudson on his own individual authority, and for his
own use, other than as a most flagrant abuse of the con-
fidence reposed in him by the shareholders.
The mode in which Mr. Hudson appropriated to him-
self the other 7,929 shares is equally reprehensible. The
register of shares had not been sealed at the meeting in
August, 1845. Mr. Hudson, however (unknown to his
brother directors), as stated by them, required the secre-
tary to enter upon the register of the company the
names of parties as shareholders whom be well knew
could have no right to be there. His own name was
inserted for different lots, amounting in the whole to
5,184 shares. The names of the solicitors to the com-
pany ware placed on the register as holders of 1,546
shares, when they were not so in fact. The same was
done to the extent of 815 shares in the name of Mr.
Hudson's London broker; 85 is the name of the secre-
tary of the company; 80 in the name of the then
manager of the bank of which Mr. Hudson was chair-
man; and 420 in the name of the late Mr. Richard Ni-
cholson. The committee have it in evidence from the
secretary, as well as from the solicitors, that these en-
tries of shares in their names were made by Mr. Hud-
son's sole authority for his own profit; and it appears
that as Mr. Hudson effected sales, ho sent or wrote to
the secretary to prepare certificates, which were made
out concurrently with the transfer of shares to the pur-
chasers; and the proceeds were appropriated to his
own use. _

The committee have obtained evidence of the value of
shares in the market at the respective periods when Mr.
Hudson was thus secretly carrying on these operations,
and they refer the shareholders to the quotations. It
appears from this evidence that the profits realised by
him on those transactions must have amounted to
145,7041., if the sales were effected at market prices. . .

AS TO TIIE ALLOTMENT OF THE BRAIdDLING JUNCTION

SHARES.

The Brandling Junction Railway was purchased by
Mr. Hudson on the 13th of August, 1844. On the 16th
of the same month, at a meeting of the directors of the
Newcastle and Darlington Company, at which were
present Mr. Hudson, Mr. Davies, Mr. Richardson,
and Mr. Oxley, it was resolved that, "In considera-
tion of Mr. Hudson transferring the purchase
to the Newcastle and Darlington Junction Company
on the same terms on which he purchased the said
railway, the directors of this company agree
,to give
him 500 shares of the new shares proposed to be issued
by this company to pay the amount of purchase."
At a meeting of the Newcastle and Darlington Com-
pany, held on the 4th of February, 1845, the purchase
was confirmed, and 22,000 shares in that company were
created at the meeting, for payment of the Brandling
Junction Railway. These 22,000 shares were appro-
priated among the proprietors of the Newcastle and
Darlington Company, in the proportion of ony new share

to each holder of Newcastle and Darlington stock, and
thus disposed of 20,000 of the 22,000 Brandling Junction
bhares. It was then resolved " that the surplus be
placed at the disposal of the directors." . .
On the sth of March following the Board of Di•
rectors, at a meeting at which were present Mr. Hud-
son, Mr. Davies, Mr. Richardson, and Mr. Flews,
placed the 2,000 shares at the entire disposal of the
chairman.

The 2,000 shares thus given to Mr. Hudson were
worth 21Z premium at the time of the appropriation to
him, being equivalent to a bonus of 41,0001.; but it is
stated to your committee by Mr. Close that Mr. Hudson
gave shares out of the 2,000 to the following parties :
Mr. Davies (director) ... 100
Mr. James Richardson (director)... ... 100
Mr. Close (secretary) ... 50
Mr. Harrison (engineer) 25
Mr. Robert Stephenson (engineer) 25
Mr. Wood (director) ... ... 20
The committee have thus brought under the notice
of the shareholders the leading facts attending this
transaction.

AS TO THE PURCHASE OF IRON RAILS FOR THE NEW-
CASTLE AND BERWICK RAILWAY.
Your committee refer the sharelvilders to the evi-
dence and correspondence upon this subject, from which
it appears that on the II th of January, 1845, and im-
mediately before the Bill for making the Newcastle and
Berwick Railway was submitted to Parliament, Mr.
Hudson concluded a contract which had been partly
made in the previous month of October with Messrs.
Thompson, Forman, and Co., iron manufacturers, of
London, for the purchase of 10,000 tons of iron rails, at
61. 10s. per ton. The first meeting of which any record
appears of the provisional committee of the Newcastle
and Berwick Railway, was on the 30th of January,
1845, at which were present, Mr. Hudson, Mr. Davies,
and Mr. James Richardson, when it was resolved to ad-
vertise for tenders for the supply of 20,000 tons of iron
rails, and an advertisement accordingly appeared in the
Railway Times of the Ist of Feb., 1845, signed by Mr.
Hudson, as chairman, requiring tenders to to be sent in.
On the sth of March the same parties, with the addi.
Lion of Mr. Plews, assembled, and tenders were received
from various persons. Messrs. Thompson and Forman
then sent in a tender, which was accepted, for 14,000
tons, to be supplied at 121. per ton. Four other parties
were permitted to supply 1,000 tons each.
It appears that by arrangement with Thompson and
Forman, Mr. Hudson was interested in this contract to
the extent of 7,000 tons, that quantity having been sup-
plied out of the 10,000 tons purchased by Mr. Hudson at
61. 108. per ton. The profit on the supply of these 7,000
tons would amount to 38,5001,, and Mr. Hudson must
have known that he was acting illegally in being interested
in any such contract with a company of which he was
chairman.
PAYMENTS FOR LAND AND TO CONTRACTORS ON THE
NEWCASTLE AND BERWICK RAILWAY.

Your committee, having referred so fully to the
Newcastle and Berwick share allotments, would now
direct attention to the mode in which the general funds
of that company were dealt with at the concurrent
period.
The first account presented to the shareholders of the
Newcastle and Berwick Company was for the half-year
ending the 31st of December, 1645. That acconnt,
which will be found in the evidence, contained the follow-
isg item among the list of payments:—
" Land-37,3501.,"

and is signed as
" Audited and allowed, January, 1846,

" THOMAS BARSTOW- ,
" HENRY RICHARDSON, Auditors."

Your committee find that the actual payments for
land at the period referred to amounted to 6,3501. only,
and that 31,0001. of the above-mentioned 37,3501. was
not, in fact, paid, but had been taken by Mr. Hudson
out of the company's funds, and applied by him to his
own purposes. The mode in which this was done shows
the very loose manner in which the auditors tested the
accounts, inasmuch as if they had called for proper
vouchers none such could have been produced. It ap-
pears that, on the 30th of December, 1845, Mr. Hudson
took two of the company's cheques, to the amount of
14,0001., signed by himself and Mr. Davies, one of
which cheques was made payable to the Duke of North-
umberland for 10,0001, and the other to the Earl of
rankerville for 4,0001; and it further appears, that on
the following day, Mr. Hudson took four other of the
company's cheques, signed by himself and Mr. James
Richardson, and which were made payable to the fol-
lowing parties, viz :
Earl Grey £5,000
Lady Mary Stanley 2,000
Sir M. W. Ridley ... 3,000
Earl of Carlisle ... 7,000

X 17.000

Nome of these cheques were banded by Mr. Hudson to
the parties in whose favour they purported to be drawn.
These cheques formed the only documents which were
presented, as vouchers, to the auditors, and it will be at
once observed that such a mode of audit presents no
security whatever to the shart holders. In the case of
this item of " land," the accounts have, by this system,
continued overcharged in each half-year, down to that
which is now current; for the evidence shows that until
the appointment of this committee Mr. Hudson had re-
tained by fur the greatest portion of this sum of 31,000/.
in his own hands, but on the day afteryour committee were
appointed, he restored to the company the several sums
of 3,0001, 2,0001., and 4,000/., which he had previously
taken as on account of Sir Matthew W. Ridley, Lady
Mary Stanley, and Lord Tankerville. The evidence fur-
ther shows that on the 12th of May Mr. Hudson restored
to the company 7,0001, which he had taken as on ac-
count of the Earl of Carlisle; and that on the 14th of
May he further restored 10,0001., which he had taken
as on account of the Duko of Northumberland. The
whole of these sums were so refunded by Mr. Hudson,
with interest for above three years, during which
he had improperly held the money, but the sharehol-
ders will observe that such has been the inattention to
the real state of the company's accounts, on the part of
both directors and auditors, that the solicitors have been
subsequently allowed, in some of the instances referred
to, to draw cheques for payment of the same land and
to the same parties for whom Mr. Hudson had so ob-
tained cheques in December, 1845, and the moneys so
drawn by the solicitors must have formed the subject of
audit by the same two gentlemen who had passed the
account containing the previous payments.
In the Construction Account of the Newcastle and
Berwick Railway, your committee also find that on the
31st of December, 1847, Mr. Hudson drew out of the
funds of the company the sum of 40,0001., under circum-
stances which are fully detailed in the evidence, and
which establish that the accounts of the half-year end-
ing on that day were overcharged by that amount under
the head of " Works," inasmuch as the cheques which
constituted this amount, viz:—
To Messrs. Rush and Lawton ... £30,000
Hattersley and Newell ... 5 000
and Col ,„ 5,000
were all taken by Mr. Hudson on the day they were
drawn, and paid to his own private credit at the
banker's. In this instance, too, the vigilance of the
auditors appears to have been evaded by the mere pro-
duction of the cheques, without any evidence of the sums
having reached the parties to whom they purported to
be payable, while, if that vigilance had been rightly ex-
ercised, the auditors must have discovered the error, in-
asmuch as your committee have it in evidence from the
clerk who kept the books, that the ordinary course of
business was departed from, and that no entries were
made of these sums to the debit of the individuals in
whose favour the cheques were drawn, but that by spe-
cial instructions from the secretary the clerk posted
such payments to a distinct account, entitled " Works.'
Until your committee was appointed, this sum of
40,0001. was standing as a payment to the debit of this
company, and the construction account was to that ex-
tent overcharged. Mr. Hudson, on the 15th of May
last, restored the whole amount, with 2,4791. 13s. 7d. for
interest thereon.

Your committee bring these matters under the atten-
tion of the shareholders, as instances of the imperfect
mode in which the company's accounts have been kept,
and of the funds and books of the company having been
so entirely under the control of its chairman, so as to
enable him to apply those funds to his own or the
company's purposes, as his convenience required. All
the security to shareholders which the appointment of a
body of directors and auditors, and the rendering of a
periodical statement of accounts, are expected to afford,
have in this instance become altogether nugatory.
Your committee have called upon Mr. Hudson to offer
his own explanation of these matters. That explana-
tion is stated at length in the evidence. Your committee
will only observe upon it, that it has failed to convince
them of any right in Mr. Hudson to have so dealt with
this company's funds, and to have falsified its accounts
in the manner which the evidence proves him to have
done, and they leave it to the shareholders to draw their
own conclusions upon the facts which the evidence has
established.

JAMES MEEK.
HORATIO LOVE.
JAMES LEECHMAN.
JOHN KIPLING.
D. DPLAnArr.
JOHN SHIELD.
York, July 12. G. LEEMAN, Secretary.