The Sun.
London, England, 1847-01-23 00:00:00

RUGBY, DERBY, and MANCHESTER

RAILWAY.

A meetinglof the shareholders in this company was held yes.
terday, at the London Tavern, for the purpose of receiving a
report from the committee of management, and adopting the
best means of winding up the affairs of the company.
MATTHEW PIERREPOINT, Esq., took the chair.
The CHAIRMAN then said that the report that would
be submitted to the meeting would embrace all
the details of the proceedings of the managing commit-
tee since last December twelvemonths. By a reference
to the report then made, it would be seen that full powers
were given to the managing committee to wind up the
affairs of the company, and nothing had given them
greater regret than not having been able to call the
shareholders together before. But the delay that
had taken place had been occasioned by their having
had some disagreeable persons to deal with. The
object of the managing committee was entirely the welfare
of the shareholders, and if they had had only their
own concerns to settle in this matter, the affairs would
have been arranged long since. They had, however,
arranged every matter but the account of Mr. Brewer.
There would be a full statement in the report, and it would
be for them to decide whether the sum demanded should or
should not be paid to Mr Brewer.—(Hear, hear.)
The SECRETARY then read the report, from which it ap-
peared that in compliance with the resolutions that had been
passed at a meeting in December, 1845, the first instalment
of 30s. per share on the deposits had been paid, and that it
was owing to the neglect of the parties themselves that fur-
ther instalments had not been made before. The committee
had presented a memorial to Parliament, the prayer of which
was ultimately refused, and actions were then commenced
against the committee by several individuals, who had
alleged demands on the company for work done
by them for the company. The committee had
ultimately succeeded in settling all claims except that
of Mr. Brewer, by a composition of 10s. in the
pound. The assets, including deposits, 79,9571. 101,„
and the interest on the same, amounted to 80,2261. ls.,
and after deducting the disbursements, which in-
cluded 5,911/. 3s. to the solicitor, to the engineer
7,0001., and other expenses of the company 1,3971. Ss.,
there remained a balance of 8,6691. 10s. 4d., subject to the
claim of Mr. Brewer. The report, after deploring the death
of Mr. Bridges, concluded by stating that the committee
had hitherto acted gratuitously, and were now desirous of
being relieved from further trouble.
The CHAIRMAN said, if this money were paid to Mr.
Brewer there would remain over 3s. per share for each
shareholder; if that demand were not paid there would re-
main ss. 3d. a share to the shareholders.
werew o oaDI
otted, secondedo_ut
ot the ewhich resolution.
he
e w
Mr. Cowart moved a resolution to the effect that the re-
port then read be adopted.
15,140:0; C°shaLrulles
Th CHAIRMAN in reply to some questions
was
d th t
s infeormeda,
that 1,600 were taken up. Mr. Brewer had not taken up '
the shares that had been allotted to him; in fact, he would
not take these shares, nor allow others to take them.
Mr. WILMOTT moved an amendment to the effect that
five shareholders, exclusive of the committee, should be ap
pointed to investigate the accounts, to report the same to:a
meeting of the shareholders, or that a fund should be formed
for the purpose of bringing the matter before the Court of
Chancery.

Mr. JiwEnsox seconded the amendment.
A long discussion ensued, which terminated in Mr.
Jewerson declining to continue his support to the amend-
ment, which then fell to the ground.
The original resolution was then put and carried unani-
mously.
The CHAIRMAN said, the next question upon which they
were to decide was with respect to Mr. Brewer. That gen-
tleman had stated, in the event of being defeated at common
law, that he would go into the Court of Chancery.
Some discussion followed as to the propriety of paying, or
resisting Mr. Brewer's demand, and the latter course finally
determined upon.
Mr. LEECH proposed the resolution, which was to the
effect, that while feeling the most perfect confidence in their
committee, the meeting, for the purpose of fortifying their
hands, recommend them to resist to the uttermost Mr.
Brewer's demand.

Mr. LAWBAN Seconded the resolution, which was unani-
mously carried.
Thanks were voted to the chairman, and the meeting
separated.

. .

AUST RALIAN AGRICULTURAL
COMPANY.
A general meeting of the proprietors and shareholders of
the Australian Agricultural Company took place yesterday,
at the King's Arms, City, in order to receive the directors'
report.

At one o'clock the chair was taken by John Studholme
Brownrigg, Esq., M.P.
The SECRETARY read the report, which stated that the
affairs of the company were in a most flourishing condition.
The CHAIRMAN stated that it was the intention of the
directors to declare a dividend of IL per share.
It was then proposed, and resolved unanimously, that
-Tharles Dashwood Bruce, Esq., the Hon. J. I. Leslie Mel-
ills, and John Heurdes Ravenshaw, ,be re-elected
Erectors of the company.
The CHArnmax stated that the company had effectuated
their final arrangements with the Government, and they
would have their title deeds made out in a very short time.
—(Hear, hear.) The board could not refrain from thanking
Earl Grey for the liberal manner in which he had acted.
The directors had remaining to their credit a nett balance for
the past year of 8,2021.
A SHAREHOLDER desired to know what would be the
amount of cash rest at the bankers after the dividend had
been paid?
The CHAIRMAN replied about 5,000/. The cash balance on
the 31st of December,lB4s, was 2,860/.155. sd. ; the nett pro-
ceeds of the sale of 662 bales of wool, clipped in 1845, was
17,744/. 2s. 6d.; the net proceeds from the sale of 193 casks
of tallow was 1,072/. ; and the interest which they had received
upon loans was 1901. 17s. 4d. Their chief disbursements
were, during the year 1846, in salaries, wages, and allow-
ances, 1,9981.; in maintaining London office, 23!.95. 10d.
They had also paid 1171. 58. 7d. income-tax, and on account
of dividends to proprietors in England of joint stock, a sum
of 10,096/. 10s.
The report was then moved and adopted.
A resolution, declaring a dividend of 1/. per share, was
then moved, and carried unanimously.
The usual vote of thanks was then put, and carried by
acclamation.

LINCOLN.—SIR E.I6ULIVER LYTTON.--The Lincoln
Times states that there is no truth in the report that Sir E.
L. Bulwer Lytton will offer himself as a candidate for the
next election : he may, perhaps, be proposed and seconded,
but we believe it will be against the wish of the Honourable
Baronet, who, it is understood, has determined to stand for
Hertfordshire, with every chance of success ; it is not, there-
fore, likely that he will put himself in the position to be
again defeated in Lincoln. We should very much rejoice to
see Sir Edward here again, but we fear that there is no
chance of his coming.
DARING RonnEnr.—Yesterday information was
received at all the metropolitan police-stations of the follow-
ing daring and extensive robbery, committed early on the
morning of Wednesday last, from a bedroom in the Royal
Oak Inn, Croydon, the property of Mrs. Henning, the land-
lady :-501. in Bank of England notes; 45/. in gold, includ-
ing an old guinea ; 51. in silver, two ffJurpenny pieces, with
holes in each ; twelve silver teaspoons, four marked "M. H.,"
one " J. C." and the others not marked, and a double cased
silver watch. The robbery was committed by two strangers,
who slept in an adjoining room ; one from twenty to thirty
years of age, tall, black whiskers, thin face, dressed in a dark
brown great coat, )itit. csaloiiretl with dark
round 16 neck, :arid block hat rouni, it ; the oilier
Abi,at tI; enty-five (Usage. not tan ai the Ibr'neig iizir
complexion, anti dies.sed ju a drab coat, and bad the appear-
ance of a horse-dealer or cabman.
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