The Sun.
London, England, 1847-08-13 00:00:00

GENERAL BALANCE.

.
Dr. s. d.
To Eighths account, balance 672 7 3
Toll account, balance ... ... 3,443 6 9

£4,115 14 0

To balance brought forward from revenue

account ...

...3,443 6 9

Cr. £. s. d.
By general account, balance ... ... 1,84 G 14 8
Bill ... ... ... ... ... 280 0 0
Banker's balance ... ... ... ... 1,988 19 4

£4,115 14 0

By interest due to Loan Commissioners 1 050 0 0
Balance available for dividend ... ....5.393 6 9

.E 3,443 6 9
He coneludorl by moving the adoption ut the report,
-which was agreed to.
Mr. CnrastrtE WAS then re-elected, after eonsid.'rable
discussion. lie stated that he had not attended the
meetings of the board because he was a shareholder in
both companies, and might in consequence have been
looked upon as a spy. He should. however, as it was
the wish of the meeting, attend and do his utmost to
promote the interests of both companies.—(Cheers.)
Mr. ELKINS said he should not move a want of confi
deuce itt the directors, but he could hardly abstain from
doing so. He considered the shareholders would be
pertectl) just fled in not re-electing any of the retiring
directors, and electing in their place those who would
represent the feelings of the majority of the shareholders.
Many of the directors had been bullied; but what he
said was read t) him there, and he would see whether
any one would prevent him from stating his views.
On the re election of Mr. Corry being proposed,
Dr. MOORE said it was clear that the interests of both
companies were identical, and whilst differences of
opinion existed betwee❑ the board and the shareholders
little or no good could accrue to either.—(Cheers.) With
the view of having the sentiments of the shareholders
represented in the direction, he staould propose that Mr.
Edward English be elected to fill the office of Mr. Curry.
Mr. ELKINS seconded the motion.
Tidily voted for the election of Mr. English, and
twenty against it.
Mr. CORRY demanded a ballot.

In the place of Mr. Rhodes. a SHAREHOLDER proposed
the appointment of Mr. Coleshill, who was unconnected
with both companies.
Mr. HAwEs said he was a most improper person to be
placed on the board, as he had threatened law proceed-
ings against the company.
Mr. BROWN, a solicitor, regretted that Mr. Hawes
desired to keep up the unfortunate dissensions that ex-
isted. The attendance of the Noble Earl had given him
the greatest satisfaction ; and he was sure the other
shareholders would agree with him.—(Loud cheers.)
He trusted, therefore, that his Lordship would preside
at their meetings as frequently as he could.—(Cries of
" Hear," and cheers.) The future prosperity of the
company depended materially on what was done that
day ; and it was most essential that their directors
should possess the confidence of the proprietors ; and
if they did not, it was incumbent upon them, with a view
to the protection of their interests, to remove them. The
proceedings of the company, from their misconduct, had
become so notorious, that a newspaper devoted nearly a
page to the proceedings of the last meeting.—(Hear,
hear.) They had frittered away the funds of the com-
pany in useless litigation. and had caused some of the
sharehollers to disburse 2001. or 3001. in order to pro-
tect their interests from aggression.
Mr. COPE seconded the motion.

Mr. Hawes repeated that Mr. Coleshill's interests
were adverse to those of the bridge. His wharf abutted
on the bridge, and he had made claims incors;stent with
the interests of that company. His solicit' r, Mr. Brown,
had sent round a lithographed bill fur 2801., purporting
to be the law expenses incurred by four gentlemen who
signed the circular of October, 1845, opp-ising the direc-
tors, and who claimed the amount from the comp Lny.
Mr. Colestull was now at litigation with the company
with re,peet to the opening of some windows.
Mr. CoLestrim, explained—He said he had no interest
adverse to toe Bring:? Company. He took a slip of land
from the company. He wished to open a window in his
office, and he applied fur permission to cun.truct one,
and he was told that the company would consent to his
• request if he would close it whenever requited, and he
did not object to do so; but as they sought power to
close several other windows which he wished to keep
open for the ventilation of his stables, he said, " No, I
object to that—l would rather have no window in my
office at all," and the matter terminated.—(Hear, hear.)
The majority of the hands were held up for Mr,
Coleshill.
pollwas
electiontl taken,ofMessrs. and the
Englishres avn
result was,
c,
, that s
12111,012
voted A
for th
and 120 affainst them-82 majority; and the gentlemen
su elected Severally returned thanks for the honour
con-
ferred upon them. They expressed their determination
to pour oil on the.troubled waters.
The CHAIRMANt dso, that
o thenm
3001. ed
, as
bevoted t o
the directors
the d
ireethem-
selves refused to
tors for their services during the past year,
Which was secondod by Mr. FEW.
Mr. ELKINS opposed the motion, on the ground that
the majority of the shareholders were dissatisfied with
the conduct of the directors. It would, besides, be fully
to pass such a resolution in the face of those they had
adopted. Ho assured the directors that nothing but
consideration for:their feelings had prevented the adop-
tion of a motion of want of confidence in them.—(Cries
of " Oh, oh," by the directors, mingled with defiant
laughter.)
Tne CHAIRMAN considered that they ought to accede
to the resolution. If the directors bud erred, they had
doubtless
done so conscientiously, as he had no doubttln-
Y bievd
by adopting the course they had that they were promot-
ing the interests of the company; they had
expended a good deal of valuable time on the under-
' taking.
Mr. ELKINS, after the observations of the Cha:rhaan
would not press a 111949119 U the subject.