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

- A TJG-T3-ST 13, t 847:

director:. have teen 4 ntirely disappoirted The Marlcct
directors, without assO)ing any reason, here alwain,,,./
from attending the Bridge b-ard, ned no notice has been
t: of the suggestion to increase the accommodation
t ) the public r4-sorting to the pier, and thereby the pro-
fits of both companies. The members of the Market
board have also, on two occasions, when ropy stead by
this Comptiny, refused to act oh joint committees ap-
pointed to enter on inquiries. calculated to promote the
interests of both companies.
" Your directors regret. also to feel obliged to notice
the opposition they have ht„tely received from the Mar-
ket Company, in their endeavours to place the financial
:position of the. Bridge Company on a satisfactory basis.
The expenditure, which has hitherto been provided by
temporary loans, and which must have been arranged
long since but for the anticipated sale of the bridge, re-
quires to be permanently settled now the sale is rescinded.
The Market directors ought to know, through those
members of their body belonging to the bridge, the great
exertions which were required to raise the funds neces-
sary for the completion of the works; and also that the
funds so raised were expended with care ,and economy,
and with the. strictest regard to the interests of the
shareholders. To oppose, then, the consolidation of
these temporary loans by ametdrtients perfectly foreign
to the business proposed for the consideration of the
meetings recently convened for this purpose, does not
satisfy your directors that the directors and proprietors
of the market have the true interests of the bridge sohly
in view ; but -that they are anxious to make the Bridge
property subserviePt to the Market property, and to ob-
tain for the latter proprietary benefits arising from the
succea of the bridge, and which its proprietors ought
alone to enjoy. The attention of the meeting is also
earnestly called to the loss, inconvenience, and difficulty
which must ensue to the company if the opposition of
the market proprietors is allowed to interfere with this
necessary adjustment of the company's
" To secure to the Bridge proprietors the advantages
arising froth their 'important position, your directors
will devote their .best energies ; and while no exclusive
view of tire- ititeiesfs of the Bridge Company shall pre-
vent their joining the Market Company in any improve •
ment for the benefit of either company, they will, with
the assistance of the proprietary, maintain their inde-
pendence, and thereby the full enjoyment of the large
profit which in a short time must arise to the share-
holders in this company.
"Your contractor is now busily engaged in finishing
the bridge.
The accent of the receipts from the tolls. lard the
general statement of the company's affairs, will be read
by the clerk.
" Three of your directors, viz., Mr. Christie, Mr.
Cory, and Mr. Rhodes. and Mr. Farish, one of your
auditors, retire from office, but in accordance with
the 631 h section of the Company's Act of Incorpora-
tion, are eligible for re-election, and offer themselves
accordingly.

l Mr. 13r,9',711 caltl as the,: n
..lircc'rr. had put sevcr:l of
• the shareiii-Vers toy. consiae,rable exvense by their irre-
gular and ill gal cominet,.he nut he a consenting
party to a nioti-n which they themselves had slot the face
to propose.—(Cheers.) He could not,,i;owever, speak
of them in the plund number, as .Ir. William Hawes
was virtually the idle director. The way in which they
'had treated the bill of the four shareholders—!'cr they
had neither apologised for causing them to incur it, or
noticed it in any way—deserved to have- no other term
than "barefaced irapuderiee" "applied to it.—(Cheers.)
Were the directors to be allowed to put 300/. into their
poekets when there was only a balance of 9001. for the
. whole of the 230 shareholders ? What be said was—let
the subject stand over until they could pay their debts,
instead of stepping out of their way to pay for services
which he felt perfectly justified in applying the term
"misconduct".to.—(Hear, hear.)
The motion; however, was carried.
Mr. HAwEs returned. thanks for what he could not
consider in any other light than as a renewal cbt'cot,fi-
dence and trust in the dlr, ctors for their groat exertions
during the past year. He could not say, however, that
anything that.had taken place that day should prevent
him from adhering to any of the opinions he held, or to
withdraw from any proceedings into which he had en-
tered. He should maintain the interests of the Bridge com-
pany, and oppose the Market when he thought they were
acting in opposition to those interests. At a foture
period they would have occasion to thank him for tke
course he had adopted during the eleven years he had
held office, as they would find that what he had done •
was sdortA with the sincere intention of promoting their
interests. He never would give up his opinion when he
was not convinced that he was wrong. lie hoped Mr.
Christie would att, nd, and with his new colleagues—
with the new blood which hail been infused into the
dirt ct ion—he trustei the interests of the company would,
as heretofore, be strenuously promo d, and biped next •
year that they would haVe'reason to pass the same cor-
dial vote to him as they had done on all former occa-
sions.

On ..the,maion • MOORE, seconded by Mr.
HAWES, a vote of thanks was awarded to the Noble
Chairman, and the meeting, which lasted upwards of five
hours, broke up.