The Sun.
London, England, 1849-09-28 00:00:00

BANK RETURNS.

(From the London. Gazette of Tuesday.)
An Account, pursuant to the Act seventh and eighth
Victoria, L.ap. 32, of the Average Amount of Bank
Notes of the several Banks of Issue in England and
Wales, in Circulation during the Week ending Satur-
day, the 15th day of September, 1849: Average
PRIVATE BANKS. Amount.
Andover Bank, Andover—]loath and Co 11,876
Ashford Bank, Ashford—Joramitt and Pomfret 10.794
Aylsham Bank, Aylsham—R. and G Copeman 5,1,79
Aylesbury Old Bank, Aylesbury—Rickford
and Hunt
Baldook Bank and Battled( and Bigglesvrtil
Bank, Baldock—Wells, Hogg, and Lindsell ... 20,971
Barnstal,le Bank, Barnstaple-llarshall and Co 8,571
Basingstoke and OdihaTr. Bank, Basingstoke—
SP 'our, Lamb, arid Co.

........ 15,439

6eymour,
Bad 'd Bank, -Bedford—T. Barnard
Bedford and Bed,tordshire Bans, Bedford—
Trapr, Halfhead, and Co.
Be,,Ndley Bank, Bowdley—Nichols, Baker, and
12,038
Crane
B'coster and Oxford hire Bank and Oxford
Bank. Bicester—Tubb and Co. .. ...•
Blranngham Bank, Birmingham—Attirec da,
Spooner, and Co 22,003

5, 668

op(
Birmingham and Warwickshire Bank, Birming-
ham L. Moilliett, and Sons 10,147
Blandiord Bank, Blandford—Bastard and Oak 7,476
Boston Bank, Boston—Garfit and Co . ...... 50,389
Boston Bank, Boston—Gee and Co 9,832
Bridg rAter Bank, Bridgwater—J. &J. Sealey 5.259
Bristol Bank, Bristol—Miles, Harford, and Co. 29,049
Brosc.,ley and Bridgnorth, and Bridgnorth and
Broseley Bank, Broseley—Messrs. Pritchard 16,404
Buckinqham Bank, Buckingham—Bartlett,
Parrott, and Co.
Bury and Suffolk Bank, Sudbury Bank, Stow-
Market Bank, Bury—Oakes, Bevan, and Co. 62,292
Banbury Bank, Banbury—Gillett and Tawney. 24,689
Banbury Old Bank, Banbury—Messrs. Cobb 26,635
Bat:. City Bank, Bath—Moger and Son . 3,187
Bedfordshiro Leighton Buzzard Bank, Leighton
Buzzard—Bassett and Grant 29,864
Birmingham Bank, Birmingham—Taylor and
Lloyds
Bradford Old Bunk, Bradford, Yorkshire—H
A. and W. M. Harris and Co 12,106
Brecon Old Bank, Brecon—Wilkins and Co 59,892
Bridport Bank, Bridport—S. and W. E. Gundry
Brighton Union Bank, Brighton—Hall, West,
and Borrer
Burlington and Driffield Bank, Burlington—
Harding. Smith, and Co
Bury St. Edmunds Bank, Bury St. Edmunds—
J. Worlledge and Co.
Bromsgrove Bank and Stourbridge and Broms-
grove Bank, Bromsgrove—Rufford, Biggs,
and Co.
Cambridge Bank, Cambridge—Mortlock and
Sons a 13,804
Cambridge and Cambridgeshire Bank, Cam-
bridge—Messrs. Forsters
Canterbury Bank, Canterbury—Hammond and
Co ...... 21,666
Carmarthen Bank, Carmarthen—Morris and
12,451
Sons
Chertsey Bank, Chertsey—Messrs. La Coste 2,765
Colchester Bank, Colchester—Bound, Green,
and Co. .......................' 13,989
Colchester and Essex Bank, Witham and Essex
Ban',, and rladleigh Bank, Suffolk, Colchester
—Mills, Bawtree, and Co
Cornish Bank, Truro—Tweedy and Co -
Coventry Bank, Coventry—Little and Wood-

9,397

1,990

10,495

30,663
30,423

cock

City Bank, Exeter—Milford and Co
Craven Bank, Settle—Birkbecks and Co.
Christchurch Bank, Christchurch—Tice, Welsh,

6,684
14,655
72,670

and Co
Cardiff Bank, CarditY—Towgood and Co
Chepstow Old Bank, Chepstow Bank, Mon-
mouth Old Bank, Monmcuth Bank, Brecon
Bank, and Ross and Herefordshire Bank,
Chepstow—Brornage, Snead, and Co. ...
Derby Bank, Derby—Me3srs. Evans
Derby Bank, Derby—Smith and Co.
Derby Old Bank and Scarsdale and High Peak
Bank, Derby—Crompton, Newton, and C 0...,
Devizes and Wiltshire Bank, Devizes—Hughes
Locke, and Co
Diss Bank, Diss—Oakes, Fincham, and Co
Doncmster Bank, Doncaster—Leath am, Tew.
end Co.
Doncaster Bank and Retford Bank, Doncaster—
Cook and Co.
Darlington Bank, Durham Bank, and Stockton-
on-Tees Bank, Darlington—Backhouse, & Co
Devonport Bank, Devonport—Hodge and Nor-

90
5,854

man
Dorchester Old Bank and Dorsetshire Bank,
Dorchester—Williams and Co.
East Cornwall Bank, Liskeard—Robins, Foster,

nn;l Co.
East Riding Bank, Boverley—Bower, Hall,

and Co. -
Essex Bank and Bishops Stortford Bank,
Chelmsford—Sparrow. and Co.
Ey_eter Bank, V•xeter —Sanders and Co
Fakenham Bank, Fakenharn—Gurneys, Birk-
beck. full Co.
Farringdon Bank and Bank of Wantage, Far-
ringdon—Barnes and Medley
Farnham Bank, Farnham—Messrs. Knight
Faversham Bank, Faversham —Hon and CO,
Godalming Bank, Godalmin,eilt ellersh ,--Mand

Keen
Grantham Bank, Grantham—Kewney and King
iluildford Bank, Guildford—Messrs. Hay don...
Grantham Bank, Grantham—Hardy and C 0....
Hastin,T,s Old Bank, Hastings—Smith, Hilder,
and 'Co.
Hereford City and County Bank, Hereford—
Matthews and Co.
Hertford and Ware Bank, Hertford—S. Adams
and Co
Hull Bank and Kingston-upon-Hull Bank, Hull
—Smith, &others, and Co.
Huntingdon Town and County Bank, Hunting-
don—ltust and Veasey
Harwich Bank, Harwich—Cox, Cobbold, and Co
Hemel Hempstead Bank, Hemel liewstead—
Smith, and Whittinp;stall
Honitor. Bank, Honiton—Flood and Co.
Hertfordshirelitehen Bank, Hitchen—Sharples

and Co.
I!er,ford , Ross, and. Archenfield Bank, and Rosa
and A rchenfield Bank, Hereford—Morgan,
Hoskins, and Co
Ipswich Bank, Ipwich—Bacon and Co.
Iplwieh and Needham Market Bank, Suffolk,
Hadleigh Bank, Manningtree and Mistloy
Bank, and Woodbridge Bank, Ipswich—
Alexanders and Co.
Kentish Bank, Maidstone—Mercer, Randall,
and Mercer
Kingtort and Radnorshire Bank, Kington—J.
Davies and Co
Knighton Bank Knighton—J. Davies and Co
Knaresborough Old Bank and Ripon Old Bank,
Knaresborough—Terry and Co
Kendal Bank, Kendal—Wakefield, Ore wdson,

aTI (I Co.
Kettaring Bank, Ketterin,!:,,—aoia and Sons.,.
Lam? End Staffordshire Bank, Lane End—C.
liarvo-y- and Son
Leeds Bank, Leeds—Beckett and Co
Lez-A3 Union Bank, Leeds—W. Willia,ns, Brown,

8,143
9,433
26,619

21,945

10,105
10,381

54,340

6G,759

10,079

39,043

96,225

41,663

41,425
25,169

17,574

4,233

8,256
3,925

5,478

9,178
20,680

22,220

12,741

11,962

17,373

36,103
4,315

18,639

28,374

13,062
18,770

57,69 S

11,072

15.199
6,335

17,535

35,068
7,471

5,242
53,695

35,635

and C
Leek and Staffordshire Bank, and Lek and
Congleton Bank,Lcek—Fowler,Gaunt, and Co.
Leinester Bank, Leicester—Pagets and Kirby...
Lewes 011 Bank, Lewes—Molineux and C 0....
Lichfield Bank, Lichfield—Palmer and Green...
Lincoln Bank, Lincoln—Smith and Co
Lampetor Bank and Llandilo Bank, Llando-
very—David Jones and Co.
Loughborough Bank, Loughborough—Middle-
tons and Cradock
Lymington Bank, Lymingtou—C. and S. St
Barba
Lynn Regis and Lincolnshire Bank, Lynn Regis
—Gurneys and Co.
Lynn Regis and Norfolk Bank, Lynn Regis—
Jarvis and Co.
Macclesfield Bank, Macclesfield—Brocklehurst
and Co
Man ningtrec Bank,Manningtree —Nunn and Co
Marlborough Bank, Marlborough and Wilts
Old Bank, Marlborough Old Bank, Marl-
borough Old Bank and Hungerford Bank,
and Hungerford Bank, Marlborough—Tanner
and Pinckney
Marlborough and North Wiltshire New Bank,
Marlborough—Ward, Merriman, and Hillier
Merionethshire Bank, Dolgelly—Jones and
Williams ...
Miners' Bank, Truro—Willyams and Co
Monmouthshire Agricultural and Commercial
Bank, Aberg,avanny—Baileys and Co
Monmouth Old Bank, Monmouth Bank, Brecon
Bank, Chepstow Bank, Chepstow Old Bank,
and Ross and Herefordshire Bank, Monmouth
—Bromage and Snead
Monmouthshire Newport Old Bank, Newport
W. Williams and Sons
Newark Bank, Newark—Godfreys and Hutton
Newark and Sleaford Bank, and Sleaford and
Newark Bank, S leaford—Handley, Peacock,
and C 0.........
Newbury Bank, Newbury—Bunny and Slocock 20,174
Nemwomnad, rkaentd Son
Newmarket—Eaton,
17,204
Norfolk and Suffolk Bank, Diss—Taylor and
Dyson
Norwich—Uarveys and 3,415
NOrvviCh Crown Bank,
Ifudgons .....................................
.. . ... 40,701
Norwich and Norfolk Bank, Norwich—Gar-
neys and Birkbeck 69,278
Nottingham and Nottinghamshire Bank, Not-
tingham—Hart, Fellows, and Co •
Nuneaton Bank, Nuneaton—Craddock and 6,095
Co 3,165
Naval Bank, Plymouth—Harris, Mudge, and

18337
26.513
18,651
71,053

17,759

5,610

3,661

31,600

10,903

11,822
5,137

13,510

7,350

5,302
11,362

25,213

11,024

7,910
17,341

21,622

Co
Kew Sarum Bank, Sarum Everett, and
Co
Nottingham Bank, Nottingham—Smith and Co. 24,578
Oswestry Bank and Oswestry Old Bank, Os-
weFtrv.-Zroxon and Co l 0,703
Oxford -Bank, Oxford—J. and R. Morrell 7,540
Oxford Old Bank, Oxford—Robinson, Parsons,
and Co. .
Old Bank Tonbridge, Tonbridge and Tonbridge
Wells Old Bank, Tonbridge and Tonbridge
Wells and Sevenoaks Bank, Tonbridge—
Beeehing: and Sous 7,464
Oxfordshire Witney Bank, Witney—Clinch,
a3kl ......... 9,205

Average Amount.
t=ease a Old Bank, Hull, the Hull Old Bank and
Beverley Bank, Hull-Pease and Co 34,251
Penzance Bank, Penzance-Batten and C 0...
Peterborough Bank and Oundle Ban's, Peter-
borough-Messrs. Yorke ..
Peterborough Bank, Peterborough-Simpson
and White lB5
Peavarokeshire Bank, Haverfordwest-J. and
W. Walters
Penzance Union Bank, Falmouth Bank, and
Truro Bank, Penzance-Rickets, Enthovera
and Co
Reading Bank, Reading-Simonas and Co 25,613
Reading Bank, Reading-Stephens,Blandy, and
28,106
Co
Richmond Bank, Richmond-Maxwell and C 0... 4,402
Ringwood and Poole Bank, and Town and
County of Poole Bank, Ringwood .% Ledgard
and Sons
Rochdale Bank, Rochdale-Clement, Royds,
and Co
Rochester, Chatham, and Strood Bank Roches-
ter-Day and Nicholson 8,516
Royston Bank, Royston-Fordham and Sons 10,71a
Rugby Bank, Rugby-Butlin and Son 10,975
Rye Bank, Rye-Pomfret and Co.
Reigate and Darking Bank, and Reigate, Croy•
don, and Darking Bank, Reigate-Nash and
Co 9,158
Ross Gld Bank, Herefordshire, Ross-Pritchard
and Allaway
Saffron Walden and North Essex Bank, Saffron
Walden-Messrs. Gibson
Salop Bank, Shrewsbury-Burton, Lloyd,. and
Co 11,706
Scarborough Old Bank, Scarborough-Woodall
and Co. 19,203
Shrewsbury Old Bank, and Shrewsbury and
co y
Ludlow -Roc
Bank, Shrawsburke, Eytons.
and
25,558
Sittingbourne and Milton Bank, Sittingbourne
-Valiance and Son 2,477
Southampton Town and County Bank, South-
ampton-Maddicon and Pearco 10,689
Southwell Bank, Southwell-Wylde and Co 11,872
St. Alban's Bank, St. Alban's-J. S. Story
Salisbury Bank, Salisbury-Messrs. Brodie
Shaftesbury Bank, Shaftesbury- Brodie and
King-
.......... .....,„.
Southampton and Hampshire Bank, Southamp-
ton-Atherly and Fall
Stone Bank, Stone-W. Moore 1,752
Stourbridge Bank, Stourbridge -Rufford,
Wragg, and Co
Stafford Old Bank, Stafford-Stevenson and Ca 11,958
Stamford and Rutland Bank, Stamford-
Eat°lll 25,500
Cayley, and Co. •
Stourbridge Old Bank, Stourbridge
and
Robins
Shreweslackur, yDaonwdnWwaerlds,hapnodolc Bank,o. ,
Shrewsbury
20 450
-B
St. Alban's and Herts Bank, St. Alban's-Gib-
son and Stuart
Taunton Bank, Taunton-Messrs. Badcock 19,493
Tavistock Bank, Tavistock-Gill, Rundle, and
(o 7,310
Thornbury Bank, Thornbury-Rolph, Yates, and
Parslow
Tiverton and Devonshire Bank, Tiverton-Duns-
ford and Barne 6,849
Thrapston and Kettering Bank, Northampton-
shire, Thrapston-Yorke and Eland 10,967
Tring Bank and Chesham Bank, Tring-But-
cher and Son
Towcester Old Bank, Towcester-J. and S
Percival
Union Bank, Cornwall, Helston-Vivian and
Co 6,811
Uxbridge Old Bank, Uxbridge-Hull, Smith,
and Co.
Wallingford Bank, Wallingford-Allnatt &Co 6,852
Warwick and Warwickshire Bank, Warwick-
Greenway and Co.
Wellington Somerset Bank, Wellington-Fox.
Brothers
West Riding Dank, Wakefield, and Pontefract
Bank, Waaefield-Leat'nam, Tew, and Co.
Whitby Old Bank, Whitby-Simpson, Chap-
man, and Co 11,025
Winchester, Airesford, and Alton Bank, Win-
chester-Bulpett and Co.
Winchester and Hampshire Bank, Winchester
-Wickham and Co 4,838
Weymouth Old Bank and Dorchester Bank,
Weymouth-Elliott and Pearse
Wirkesworth and Ashbourne Derbyshire Bank,
Wirkesworth-Arkwright and Co.
Wisbech and Lincolnshire Bank, Wisbech-
Gurney and Co.
Wiveliscombe Bank, Wiveliscombe-P. and W
Hancock
Wolverhampton Bank, Wolverhampton-Good-
riche and Holyoake.
Worcester Bank, Worcester-Farley, Lavender,
and Co. 7,466
Worcester Old Bank and Tewkesbury Old Bank,
Worcester-Berwiek, Lechmere, and Co 61,182
Worcestershire Bank, Kidderminster-Farley
and Turner
Walsall Old Bank, Walsall-Charles Foster and
Sons
Warminster and Wiltshire Bank, Warminster-
Everett and Co.
Wolverhampton Bank, Wolverhampton-
Messrs. Fryer
Yarmouth and Suffolk Bank, and Halesworth
and Suffolk Bank, Yarmouth-Gurney,
Birkbeok, and Co.
Yarmouth, Norfolk, and Suffolk Bank, Great
Yarmouth-Sir E. K. Lacon, Bart., and Co 9,451
Yeovil Old Bank, Yeovil-E. and J. Batten
York Bank. York-Swann, Clough, and Co 35,603

JOINT-STOCK BANKS.
Bank of Westmoreland, Kendal
Barnsley Banking Company, Barnsley
Bradford Banking Company, Bradford
Bilston District Banking Company, Wolver-
hampton
Bank of Whitehaven, Whitehaven
Bradford Commercial Banking Company, Brad-
ford
Burton, Uttoxeter, and Staffordshire Union
Banking Company, Burton-upon-Trent
Chesterfield and North Derbyshire Banking
Company, Chesterfield
Cumberland Union Banking Company, Work-
ington .
Cheltenham and Gloucestershire Banking Com-
pany, Cheltenham
Coventry and Warwickshire Banking Company
Coventry
Coventry Union Banking Company, Coventry..
County of Gloucester Banking Company, Chel-

16,705

7,865
6,805
50,618

8,787
23,197

18,72

40,786

8,263

24,800

9,322

20.398
12,367

tenham
Carlisle and Cumberland Banking Company
Carlisle
Carlisle City and District Bank, Carlisle
Dudley and West Bromwich Banking Company,
Dudley
Derby and Derbyshire Banking Company, Derby
Darlington District Joint-Stock Banking Com-
pany, Darlington 13,565
East of England Bank, Norwich
Gloucestershire Banking Company, Gloucester 119,360
Halifax Joint-Stock Bank, Halifax
Huddersfield Banking Company, Huddersfield 37,49.0
Hull Banking Company, Hull
Halifax Commercial Banking Company, Ha-
lifax
Halifax and Huddersflold Union Banking Com-
pany, Halifax 38,525
lielston Banking Company, Helston 1;391
Herefordshire Banking Company, Hereford 14,328
Knaresborough and Claro Banking Company,
Knaresborough 18,868
Kingsbridge Joint-Stock Bank, Kingsbridge 2,075
Lancaster Banking Company, Lancaster . 43,893
Leeds Bankinc, Company, Leeds
Leicestershire Banking Company, Leicester
Lincoln and Lindsey l3anking Company, Lincoln 33,309
Leamington Priors and Warwickshire Banking
Company, Leamington Priors
Ludlow and Tenbury Bank, Ludlow 9,357
Moore and Robinson's Nottinghamshire Bank-
ing Company, 'Nottingham
Nottingham and Nottinghamshire Banking
Company, Nottingham
Newcastle, Shields, and Sunderland Union Joint-
Stdck Banking Company, Newcastle
National Provincial Bank of England, Birming-
ham, Head-office, 112, Bishopsgate-street,

85,725

20,250
17,932

36,498
13,510

1,695

London 324,315
North Wilts Banking Company, Melksham 39,960
Nor thampOnshire Union Bank, Northampton 60,467
Northamptonshire Banking Company, North-
ampton
North and South Wales Bank, Liverpool
Pares's Leic3sto.shire Banking Company, Lei-
cester
Saddleworth Banking Company, Saddleworth 2,636
Sheffield Banking Company, Sheffield . 33,663
Stamford, Spalding, and Boston Banking Com-

16,934
24,525

pang, Stamford. _ 45,628
Stuckey's Banking Company, Bristol Somerset-
shire Bank, and Somersetshiro Bank, Lang-
port
Shropshire Banking Company, Shiffnall ...
Stourbridge and Kidderminster Banking Com
pany, Stourbridge
Sheffield and liallamshiro Banking Company,
Sheffield
Sheffield and Rotherham Joint-Stock Banking
Company, Sh4ioid
Swaledale and Wensleydale Banking Company,
Richmond .. .
Storey and Thomas's Banking Company
Shaftesbury
Sheffield and Retferd Bank, Sheffield ...
Wolverhampton a+ El Staffordshire Banking Com-
pany, Wolverhampton 33,205
Wakefield and Barnsley Union Bank, Wakefield 11,985
Whitehaven Joint Stock Banking Company,
Whitehaven .. ..... . 1 9,21 0
Warwick and LeataiLgton Banking Company,
Warwick
West of England 11141 South Wales District
Wililatsnka-nUdrbst:riseCianking Company,63,4 74
West Riding Union Banking C 11 d
wdhei
treshfiuelrd
-
eh and Ellesmere Banking Company, 33,700
Whitchurch .
Worcester City and County Banking Corniany,
Yomeivica.n.y..,.y..o.r.k 57303:,348938001
Worcester Salisbury 70,294
York Union Banking Companyu,_
York City
BanarnlkCiongunctyomßpaannkyin,gLeeds
.... 115,225
P. DEANS, Registrar of Bank Returns.
Inland ILvenue, Somerset House, Sept. 22, 1849,

26,759

2,724

BORDEAUX AND CETTE
RAILWAY.

A meeting of the English shareholders in the Bor-
deaux and Cette Railway Company was held yes-
terday, at the London Tavern, for the purpose of
advising as to the best course to be pursued for
their future interest. Mr. David Salomons was
called to the chair.

The CHAIRMAN explained that he had thought it
desirable to call the shareholders together, to take
their opinion upon the present position of the under-
taking. He had prepared a report for the occasion,
which, with the permission of the meeting, he would
read.

The report was as follows :
"The English board of directors of the late Bordeaux
and Cette Railway Company have been fully alive to
the duty of endeavouring to recover the caution money
of their shareholders deposited with the French Govern-
ment. A memorial stating the case of the English
shareholders was drawn up and transmitted by the
chairman to the Minister of Public Works, and a copy
thereof was sent to each Member of the Constituent
Assembly of France. This course was highly approved
of by our fellow-shareholders in that country.
" After the election of the present chief of the French
Republic an appeal was forwarded to him signed by all
the English directors, on behalf of the English and
French shareholders. Your chairman also went to
Paris, and was honoured by an interview with the Pre-
sident of the Republic, who promised that the position of
the claimants, both English and French, should receive
the most liberal consideration. Your Chairman was in
due course honoured by a communication from the Pre-
sident, who condescended to invite any further observa-
tions
that seemed pertinent to our case. Your Chair•
man, availing himself of this permission, addressed the
President accordingly; and in July last he went a second
time to Paris, where ho again had the honour of a most
gracious reception. He then learned that arrangements
were in progress, and almost matured, for a combination,
in which the principle of a return of our caution money
was a leading feature. This liaS since assumed a distinct
form; and a .Projet de Loi is now under the considera-
tion of the Chamber of Representatives of France, for
the conceesion to a company of a line of railway from
Paris to Avignon, under a guarantee from the State of
3 per cent. per annum, upon a capital fully adequate
to all purposes. The unfinished line from Paris
to Lyons and many other advantages are to be
secured to the new company; and it is put forward by
the promoters of the scheme, and as a part of it, that the
caution money of the Bordeaux and Cette Railway Com-
pany shall be brought into aec stint and funded in gua-
rrenteeddebeni perures n
, cweitit.eh are to be issued at a price to
pay nearly 5
per annum. These arrange-
ments can only be regarded at present as propositions,
inasmuch as their ultimate fate must depend in the first
instance on the report of a sub-committee of the Cham-
ber, to which the Projet de La has been referred; and in
the next place, on the vote of the Chamber itself. But
looking at the support which the present Administration
has received from. the Chamber, there is every reason
to believe that some measure involving the return of. the
caution money will be adopted by the Assembly. Should
this act of equity be carried out, it will realise what has
ever been impressed on the mind of your chairman, that
forfeitures or confiscations of this sort are repugnant to
the feelings of the French nation.
" The course hitherto pursued for the benefit of the
numerous persons interested in the return of the caution
money having thus been explained, you have next to be
informed that it is at present proposed by the liquidator
of the company in Franca that shares to bearer shall be
issued in lieu of those now standing in the respective
names of the shareholders. The sum of one franc per
share will be payable to them at the same time. Al-
though the chairman is already authorized by you to do
whatever he may deem most to your advantage, he has
nevertheless thought it desirable that this meeting
should be convened in order that he may put himself in
personal communication with you, and thus ascertain
your sentiments on this subject.
" Though there is no doubt that shares to bearer are
more convenient, yet it may well be questioned whether,
in the event of the Bill now before the Chamber being
either thrown out or essentially modified, the power of
the English shareholders to protect themselves would net
be materially weakened, by altering the existing form of
their certificates. As the Chamber re-as'eembles on the
Ist of October, and the report of the committee will then
be presented, your chairman would suggest the policy of
suspending any movement until alter that event.
" The interest of the shareholdera seems to require
that the projected scheme shall be carried out ; and
therefore every assistance which your chairman can give
to it, consistently with his duty to the shareholders of
the Bordeaux and Cette Company, will be zealously and
cheerfully afforded. It will be a great satisfaction to
himself, and those associated with him in the direction,
to see a favourable solution of a question so materially
affecting the interests of the shareholders of this com-
pany, both in England and in France."
The CHAIRMAN said he would only add to this re-
port the simple remark, that pact events had proved
the stability of railway property in France. What-
ever might be said in this country to the contrary,
such a thing as a confiscation was unknown in France,
while a general feeling prevailed amongst all classes
of French society that the promoters of works like
railways were deserving of the best protection the
state could afford them. lie was happy to say, in
conclusion, that a project was now before the French
Chamber for the relief of parties who were in the
position of having forfeited their deposits or caution-
money by the non-completion of their works, and he
would suggest that they should remain in statu quo
until they had seen the upshot of that measure. He
moved that the report be received and adopted.
Mr. RIGSHAW, M P., seconded the proposition.
A SHAREHOLDER understood that the new scheme
alluded to by the Chairman would guarantee to a
new company 51 per cent. on their shares. Now,
suppose he objected to take up the new shares, how
was he to get back his caution-money ?
The CHAIRMAN replied that the scheme did not
propose to return the caution money in hard cash,
and unless shareholders were disposed to take up the
new shares, the only mode of obtaining back the cau-
tion-money would be to sell the existing shares to those
who were. _ _

The resolution for the adoption of the report was
then agreed to.
Mr. LEVY said it appeared to him that they were
in this position, that there was no chance of their ever
recovering the caution money, unless they paid up
121. 103. on some new shares. Now it was his
opinion that railway directors were all a set of
thieves; he would take good care that he paid no
121. 10s., but allow his caution-money to go into the
pockets of the fraternity he had just mentioned.
Mr, WALEY moved a vote of thanks to the chair-
man and his co-directors, for the attention they had
paid to the interest of the English shareholders, and
the trouble they lad taken in preparing the report
for this meeting.
The motion having been seconded, was put and
carried unanimously
The CIIAIRMAN, in acknowledging the compliment,
repudiated the idea that all railway directors were
trethhaot:ii
le:movviabgberaets.uyan,
humbug,
ao(velnuaryanl tookwere
thought
lhfhoeoenchudoaegcrghcr
htrtyaheaseadmi
out:.
intratp.nti eynio:ceoi
rxbioaepdwti
gderleornrsis
works
wsaofaefohsnropdpeeeaa
abroad.,
set.
ua that
Mr.nags
a the good
opinion of the merchants of London, he would keep
his advice to himself.
A vote of confidence in the chairman was then passed,
who was appointed to act as the attorney or
agent of the English shareholders in any negotiations
that might be had with the French authorities, and
the meeting adjourned.