The Sun.
London, England, 1847-06-05 00:00:00

PRICV. SD.

COURT OF BANKRUPTCri- Jane 4.
Before Mr. Commissioner SHEPHERD).
RE LONDON AND BIRMINGHAM EXTENSION AND NORTHAM.'
TON, DAVENTRY, LEAMINGTON, AND WARWICK RAILWAY
COMPANY, BANKRUPTS.
The first meeting for the proof of debts and the choice of
assignees under the fiat was held to-day.
Mr. ASH (TEST said that he had to make an application to
the Court on the part of the petitioning creditors, whom he
represented, for further time to enable them to obtain the
necessary books.
Mr. LAURILNCB opposed the application, which, however,
was eventually agreed to, and the 24th instant, at eleven
o'clock, appointed for the proof of debts and the appointment
of assignees.

82eLs, Jttrr 4.
RAILWAY SHARE MARKETS.
STOCK EXCHAN GLEIT.—EireO are—Birmingham and Ox-
ford Junction, 6% p.—Eastern Courties, 19 Ditto, Per-
petual, No. 2, 6%--East Lancashire, New, 11A dis.—Great
Northern, dis.—Huddersfield Canal and Railway, Exten-
sion, p.—Leeds and Thirsk, Preference-, Is. 3d. dis.—
Liverpool, Crosby, and Southport, 1 P.—London and North*
Western. 1731/2—Ditto, Quarters, New, 9 tto,Quar-
t (G. J.), 16 p.—Ditt,.. Quarters (B), k 6 p.—London and
Brighton, and South Coast, 53±,—Manchester and Leeds,
F'd 4 p.—Ditto, 32/. Shares, dis.—Manchester, Chef-
11,1d, and Lincoinihire, Eighths, 2 dis.—Midland, 118
Ditto, New, 2k, p.—Newca3tle and Berwick, New, IN
u! th Staffordshire, p.—Preston and *Wyre, Halves (B),
Cs. 3d. p.—Scottish Central, 7 p.—Shrewsbury, Oswestry, and
Cheshire, 27,4 chs.—Shrewbury and Birmingham, 9/. 128. 3d.
Shares (B), 4'j dis.—Saute-Eastern rand
Dover, -New, No. 4,
:.•;. 9d. di,.-lork and '.`.;ewcastic, P;clerenca, 3 p.—Dutch
Rhenish, 2';'.6 dis.
MANCHESTER, jraCE 4.

STOCK ExcrtcNaE.llill; sales are-Birmingham and
Oxford Junction, 61* p.-Eastern ourties,l9i-East Lan-
cashire, New, 1% dis.- Ditto. New (scrip), par c.-Fleet-
wood, Preston. and West Riding Junction, % dis.-Leeds
and Tbirsk, Preferentials, % p.-Leeds, Dewsbury, and
Manchester, par-Manchester and Leeds, 32/. Shares (late
Extension), 14 dis.-Manchester, Sheffield, and Lincolnshire,
Grimsby (501. Shares), 8 c dis.-Diizo (Sheffield and Lincoln-
shire), 314 dis.-Manchester and Southampton, 30s. c. dis.
-North British, Extension, 3-16 p.-North Staffordshire,
23,3 c. p.-Shrewsbury and Birmingham, 9, 125 3d. Shares
(ii), dis.-South-Eastern and Dover, Nu. 4, 3-16 dis--
Wharfdale (late North-Eastern), 1 dis.
LEEDS, JUNE 4.
STOCK EXCHAWV.-The sales are-Ambergate, Notting-
ham, and Boston, 275. dis. -East Lancashire, New, 114 dia.-
Ditto, New (scrip), 4s. 6d. dis.-East and West Yorkshire,
295. dis.-Great Northern, 375. dis.-Leeds and Think, 6%
di S. -Ditto, sew, 514 die.-Ditto, Preference, par s.-Malton
and Driffield Junction, 18s. 6d. dis.-Manchester and Leeds,
321. Shares, 6s. dis.-Ditto, West Riding Union, 4s. 6d. dis.
-Newcastle and Berwick, 6% p.- Ditto, New, 365. p.-
Corti' British, Thirds, 30s. 6d. p.-North Staffordshire,
2 p.-North-Western, 345. ais.-York and Newcastle, New,
5 p.-Ditto, Preference, 2% p.
HULL, JUNE 4.
STOCK EXCHANGE. -The sales are-Ambergate, Notting-
ham, and 11.ston, 265. 6d.-Blackburn, Clitheroe, &c., 13
dis.-Newcastle and Berwick, 86s. 6d. p.-North British, ,
313zi -Ditto, Extension (scrip), 2s. bd._ 1).-Nortb- estern,
343. dis.-Shropshire Union, 365. dis.-York and Newcastle,
Preference, 3 p.
GLASGOW, JL-NZ 3.
STOCK EXCHANGE.-The sales are-Caledonian, New,
425. 6d -Dundee and Perth, 33/.-Ditto, New, 131.-Ditto,
Quarters, 615.-East Lothian Central, 385.-Edinburgh and
Glasgow, Halves, 2214-Edinburgh Perth (New Co.). Us.
6d.--Glasgow, Barrhead, and Neilston Direct, 15:1/4-
Glasgow, Kilmarnock. and Ayr, 11716-Ditto (5 per cent.
guar.), 1201.-Ditto, 401,0-Ditto, HalVes, No. 1, 8%-Ditto,
Halves, No. 2, 61. Is. 6d.-Glasgow, Dumfries, and Carlisle,
45.-Glasgow and Greenock, Preference, 325.-Great
Northern, 428.-North British, Thirds, 555.-Paisley, Barr-
head, and Hurlet, 555.-Scottish Central, 25%-Wishaw and
Coltness, 494-York and Newcastle, Preference, 714.

MEETING OF THE DEBENTURE
HOLDER'S OF THE LYCEUM THEATRE.
An adjourned meeting of the debenture holders of the
Lyceum was held yesterday at half-past one o'clock, in the
saloon of the theatre, for ttpurpose of receiving the report
Strutt), who were appointed aeaara. Warrington, Powell, and
of the committee of three
btpnel antutneuetr this
trusteesi sd ay
holders
forwthreea
swt
much
eenikrnsht onir accounts.t
ohrteethe meeting held in the earns
purpose oef making application
numeroneatttehnednanicte
waso de-
benture
he former occasion.
Mr. Warrington having been called to the chair,
Mr. STaurr proceeded to state to the debenture holders
what had been done by himself and his colleagues to carry
out the resolution agreed to at the last meeting. They had
addressed letters to each of the trustees, and to Mr. W. As
Arnold, the mortgagee in possession of the theatre. From
Mr. Hallett they had received an answer, stating that
ehpeplhieeadbnieotoaccthoeunptusrptooseexs hofibitt, henetyrnersth,aavnidngforreacneyiveindiofurmndas.
tion on the subject he referred them to Mr. Johnson, of
Chancery-lane, who had drawn u the trust deed, and who
had been deputed by Mr. W. Arnopld to act in the affairs of
the trust, to keep them distinct from his accounts as mortgagee.
From Lord Saltoun they had received an answer stating that
his Lordship had never received any monies applicable to
the trust; and from Sir Andrew Barnard and Mr. S. J.
Arnold no answer had been received. :From Mr.
Walter Arnold a letter had been received,
referring to his
letter to Mr. Strutt of the 16th of April, for his answer to
the request. Since then, Mr. Walter Arnold had addressed
s letter to the debenture holders, which letter he
would wish to have read, and to some of the state-
ments in which he should feel it his duty troeadrae.pfelylwt,
de(Theye since,lette s
andwhich
which app
ie as rdeadt
dated
dn
31
emostt May,of t the newspapers
w
asthen
denied the truth of the charges which had been brought
against the writer, and stated that the expenses incurred
would all but absorb the ideal balance which Mr. Strutt wished
to make it appear he had in hand ; stated that the
private box to which allusion had been made had been spe-
cially reserved for Mr. W. Arnold's father, and for his use,
wnen the theatre was let • denied that it was because
tdifilE Mai. ano inat tiiernum -
quit The letter concluded by saying that he 'should be
sorry to foreclose his mortgage, but that if he were driven to
the adoption of hostile proceedings, they would be conducted
as vigorously as they wonld be commenced reluctantly-
Mr. Strutt denied that he had made any charge
against Mr. W. Arnold. All that he bad done
had been to take that gentleman's own state-
ments, and to show that they required explanation,
and he had said before as he said now, that it was the duty
of Mr. W. Arnold to be present to answer for himself.--
(Hear, bear.) With regard to the sum charged for
insurance, the accuracy of his statement concerning which
Mr. W. Arnold had denied, all he could say was, that he
had received his information from one of the directors of the
West of England Fire-office. (After going over several of
the items of account Mr. Strutt continued.) With re-
gard to the private box, it had been reserved for the
use of Mr. Arnold's father and his friends every
night, but that did not give Mr. Arnold a right
to let it, and deprive the lessee of twelve guineas a
week for having the best box in the theatre ; it would be
sure to be let first. The Marquis of Exeter had
never let his box, and Mr. Arnold might as
well sell the eight double orders which he had the
privilege of writing every night. With regard to his giving
to the theatre, it happened in this way :—After he and Mr.
Seeley had had the theatre some time, and had retrieved its
prospects, they applied for a renewal of the term, and Mr
W. Arnold refused to let them have the theatre except
they bound themselves to pay a rent, increasing by 2001'
every two years, and to spend annually a certain sum in
decorating the theatre. Last year during the warm weather
they lost 1,600/., as nothing during such weather would
attract people to the theatre. They applied to Mr. Arnold to
assent to any reduction in the rent (they were now paying
him 2,9001. per annum), which he refused, as also to forego
the increase of 2001. a year upon the present rental, and they.
knowing that at such a rent the theatre must be carried on
at a loss, had given him notice to quit.
Mr. MAYHEW knew that when the private box was first
given to Mr. Arnold it was not given with the idea that he
was to let it. He knew Mr. W. Arnold to be a very
honourable man, and therefore did not think he would,
put his threat of foreclosure into execution. Still
it was ill-advised and unwise in him to hold out such a
threat to those who had come forward to assist his father
is his difficulties.—(Hear.) He also thought he acted im-
properly in paying. himself the interest on his mortgage,
while, at the same time, he had neglected to pay the ground-
rent. This threat of foreclosure showed that the property wan
not so bad as it was represented to be. and it might be worth
the while of the debenture holders to consider whether they
theshould
property not huyonudperthtehmeiorrtogwagne,manandagtehmusent
be enaHbleedbetoliette_
that Mr. Arnold was sore at what had been said by Mr.
Strutt, but he believed that he would show the accounts to
any debenture holder who was an indifferent party between,
them.
Mr. MILLAR, of Bath, had advanced his money to assist
Mr. Arnold, and he thought it was a very ungrateful return
for such kindness for Mr. W. Arnold to turn round upon them
with a threat of foreclosure. He thought he was a very im-
proper person to be trusted with the management of the
property, and he hoped steps would be taken to remove him.
Mr. Lus.LEY had seen Mr. Arnold that morning, and he
had stated his willingness to show the accounts to any de.
benture holder who would call at his house.
Mr. F. THONIPSuN attended that meeting as the friend of
Mr. W. Arnold. He had himself seen the vouchers for
the repairs and the different items of expenditure. It was
natural that he should feel sore at the charges which
Mr. Strutt had made, and for which he (Mr.
Thompson) believed there was no foundation. but he
was certain that he would give to the debenture holders arty
explanation.
it willasr. STthaeurrdutydrf ihedlr.tAhartnjohlde
right Mr. Arnold charged the
his conduct to the debenture holtdboearadcfmmade ethaereny
acubdargexplain
explain by what
ownmoney?
Arnold to
asked the gentleman who appeared for Mr.
1501. a year for receiving
Mr. his
F. Tflostreosr had no expianatisn to give on that
point.
A VOICE—Then you have not received proper instroc•
tions, sir.
Mr. GRISSELL explained that Mr. Walter Arnold had pure
chased the mortgage held by himself and his partner Mr
Peto, in 1838.
Mr. Sant= said that since then Mr. Walter Arnold
had transferred that mortgage to Lord Thomas Cecil,
and there was no notice of any re-transfer in the register-book.
It was therefore necessary to know by what right Mr. W.
Arnold claimed to be mortgagee in possession.
After a somewhat lengthened discussion, a resolution vas
proposed lw Mr. MMItEW. appointing a committee of five--
viz., Mr. ,`Arutt, Mr. NV saringten. Mr. Powell, ?dr. Lumleya
and Dr. Jay—to wait on Mr. Arnold, and go through
the accounts, with an accountant, and report on the semi to
a meeting to be hereafter summoned, when such accounts
shall be made out.
On the motion of Dr. JAY, seconded by Sir CHAILLEI F.
FORMES, the thanks of the meeting were voted to Mr.
Strutt ; and,
On the motion of Mr. STaurr, seconded by Mr. IJ:sum',
thanks were voted to the Chairman; after which the meet-
ing separated.

- - —_
SLEEP.—The Poet Young says, " Sleep, is great
Nature's second course—the balm of hurt minds.' Johnsen
says, "It is the parenthesis of human woe." sleep hieing
"ht unhealthy oostruction of
thus appreciated by mankind, how desirous ought Net to be
Pose, tte general
binyohstaNsianlugtarryecoeiffireseeLtoanadmadr alcri-eirrieunrpt
ib."ans‘'un'
the liver or other viscera. A Tittle attention to the "young
othbasttrauleitisohnouolfd twrhiailccphiiiill.Nthr- enojuo
'osoeftFenrampro-p.
t:,n's Pill of Health stands prominent in public opinion.
daces the

On Tuesday night the spinning mills of M. Lieu-
vain, at Maromme, near Rouen, were destroyed by fire. The
loss is estimated &t 75,QQ0E—French paper•