The Sun.
London, England, 1849-10-16 00:00:00

YORK, NEWCASTLE AND BERWICK.

A meeting of shareholders in this company was
held at York on Friday to elect a delegate to meet
other delegates appointed in different parts of the
country to consider and determine on proper persons
to be recommended to the general meeting on the
25th inst. for election as directors. Mr. T. Price was
called to the chair.

Mr. Tuomrsost, of Moat-hall, proposed a resolu-
tion, which after some discussion was carried, to the
effect that in the opinion of the meeting it was desir-
able that the committee of investigation should be
ex officio members of the committee of delegates,
and that this resolution be communicated to both
parties.
Oa the motion of Mr. RAmsEy, Mr. Thompson,
of Moat-hall, was appointed the delegate.
Several points in the fourth report of the committee
of investigation were discusssed, which resulted in
the expression of an opinion that three managing di-
rectors should be appointed for this railway ; that
they should not occupy the chair or vice-chair ; and
that the whole board of directors should not consist
of less than nine members. It was suggested to the
delegate, and strongly urged, that not less than two
directors should be appointed for the York district.
It was also recommended that no member of any
stock-exchange should be elected a director, and
that those selected should have a considerable stake
in the company.
Mr. GUTCH remarked, that if the recommendation
of the committee respecting the qualification of direc-
tors were strictly carried out, it would at once exclude
three very valuable members from the board—the
Lord Mayor, Mr. Plews, and Mr. N. Wood, the two
former as chairmen of other companies, and the latter
on account of his connexion with a coke manufactory
which afforded considerable traffic to the line. He
believed that if Mr. Wood were placed in a hostile
position to this company, he would have it in his
power to divert traffic to the extent of 40,0001. a year.
Mr. TaomrsoN did not see why gentlemen who
were chairmen in other companies should be objected
to as directors of this company, if the interests of the
two companies were identical. He had heard that
there were a great number of applicants already for
seats at that board.
Mr. Alderman MATHESON understood that there
were eighty applicants already, which he thought was
in consequence of the high rate of remuneration
pro-
posed by the committee to be given to directors.tlie
A vote of thanks to the chairman concluded the
proceedings.

NAVAL INTELLIGENCE
Vice-Admiral Sir John Louis, superinten-
dentevonport Dockyard, whose promotion was
ga
z,,totef D d
on Friday last, shifted his fl.ig on Saturday
on board the Agincourt, depot.ship of the ordinary,
from red at the mizen to blue at the fore, under salute
from the Agincourt, of 17 guns, and from the port
admiral's ship, the Impregnable, of 13 guns. The
gallant Vice Admiral has the usual time allowed,
namely six weeks, in which to clear out.
Devonport has already an effective flag•ship. The
Impregnable, old three-decker, was thoroughly
repaired to mount 78 guus, but her compliment is
only 207.

The Ganges is ordered to be stored for foreign ser-
vice, but her destination is not yet published.
The Octavia, new 50-gun frigate, in charge of Mr.
Henderson, master attendant of Devonport dockyard,
left Pembroke last week, but the strong wind from
the eastward has prevented her from getting up
channel.

The Philomel, 8, at Devonport, is to have Stirling's
metal sheathing tried on her bottom instead of copper.
The Conflict will be taken into No. 5 dock at De•