The Sun.
London, England, 1846-01-26 00:00:00

DUTCH MAIL.

THE HAGUE, JAN. 21.—The celebrated De Keyser
has arrived here, and he has brought his portrait of his
Majesty, the King, whom he has represented as the hero
of Waterloo. This portrait, which is highly spoken of,
is said to be intended as a present to her Majesty the
Queen of England.
SCHIEDAM, JAN. 19.—T0-day a family here had a
fete, which deserves mention. Mr. J. Bykmans, aged
89 years, and his wife, aged 87, celebrated the sixty-
ninth anniversary of their marriage, They are both in
excellent health and are highly respected.
UTRECHT, JAN. 20.--As one of the effects of the
mild weather, we are informed that on the 13th of this
month two storks were seen near Breda. This may be
considered as a prognostic of an early spring, and may
serve as a hint to the farmers, to commence their agri-
cultural labours sooner than usual.
AMSTERDAM, JAN. 22.—We believe that we may
affirm on good authority that no negotiations whatever
have yet been opened between the Government of
Belgium and the Netherlands, for the conclusion of a
treaty of commerce, by which alone the existing dif-
ficulties might be removed; meanwhile it can hardly be
supposed that any change in the measures that have
been adopted will take place on our part without such a
definitive arrangement.
THE HAGUE, JAN. 23.—The second bulletin published
yesterday, relative to the illness of his Royal Highness
the young Prince William Frederick, left but little hope
of his recovery.
We regret to announce that he died this morning at
three o'clock, in the Bth year of his age, being born on
the 22d August, 1838.
This was the only son of Prince Frederick of the
Netherlands, who has two daughters, Princess Louisa
born Aug. 5, 1828, and Princess Mary born sth July,
1841.
Letters from Stuttgard state that the health of his
Majesty the King is improving, the cough has abated,
and he is gaining strength.
In consequence of a note of the Minister of the Colo.
nies relative to the production of our West Indian
Islands, and the Coast of Guinea, part of which might be
destined for exportation to the mother country, the
Minister of Finance has by a resolution of Bth January,
informed the collectors of the export and import duties,
that those productions will not enjoy the exemption from
duty, gran ed by lst of Act 3 of the law of 20th Jan.,
1845, unless they are furnished with certificates of origin
given by the competent authorities.

Sir George Murray is improving in health.
SINGULAR COAIRAT.—Some weeks ago, an extra•
ordinary combat, between a glede and weesel,waa wit-
nessed in the upper part of this (Ardclocic district.) The
bird was first noticed hovering in the air, and ktenly
eyeing something below. Suddenly he made a dart
downwards, and then rose, bearing his prey upwards in
apparent triumph. The weasel, however, not liking to
be so unceremoniously dealt with, struggled stoutly to
escape. A keen contest followed, and lasted nearly a
quarter of an hour. At length both came tumbling
down, when it was discovered that the weazle was victor.
The glede was killed in the contest, an issue quite un-
expected by the beholders of such an unwonted fight.—
/rairnshire Mirror.

On Monday last a large brig was seen from Bude,
sailing up the channel, about ten o'clock, A.M., when the
wind was blowing fresh from the south-west. She ap-
peared to steer for the shore ; but having a fair wind,
she again pursued her course, which rather astonished
the watchmen ; but, fancying her a stranger, and not ac-
customed to the coast, no more thought was taken about
her. But about two o'clock, P.M., she was seen off
Sharp's Nose Point, with her bows towards the wind.
and after remaining beating about for a short time, she
went down, about two miles from the shore. It is re-
portel that a boat, with ten men, were seen to pass Hart-
land Point about the time this ill-fated ship foundered,
and no doubt succeeded in making Clovelly Bay, where
the water was still and calm.— Western Times.

GREAT NORTH and SOUTH WALE

AND WORCESTER RAILWAY COMPANY.
MEETING OF SHAREHOLDERS,

A meeting of the shareholders of this Company was held an
to-day, at the Guildhall Tavern, in conformity with a reso-
lution agreed to at a former meeting, in consequence of the
Directors having refused to accede to the request of a depu-
tation appointed by the shareholders to inspect a balance-
sheet of the affairs of the Company up to the present time.
At the meeting at which the deputation was formed, a reso-
lution was agreed td not to pay the additional deposit of IL
per share, demanded by the Directors.
Josiah Bates, Esq., was called to the chair.
The CHAIRMAN said, that as many shareholders present
were not aware of the preliminary meeting that had been
held on Wednesday last, it might be as well for him to state
the circumstances that had originated the present meeting.
They were all aware that the Managing Committee of their
Company had advertised that an additional deposit
of I/. per share would be required, with a condition
that if it were not paid on or before the 30th
instant, that the shares would be forfeited. That
announcement naturally produced dissatisfaction among a
considerable number of shareholders, and they seemed to be
in doubt as to what steps they should take under the exist-
ing circumstances, and at a meeting, a committee was
nominated, and a deputation appointed to wait on
the Board of Directors, to request those gentle-
men either to postpone the payment of further deposits,
or to call a general meeti:ig to be held at the London Tavern.
The Directors refused to call a meeting, but stated that if
the deputation would retire they would consider what course
it would be best to pursue, and after a protracted discussion
had taken place, of course they were informed that the
Directors had agreed to call a meeting for the 4th of February.
The deputation then requested them to extend the time for
payment of the deposits beyond the 31st, or to announce that
the shares would not be forfeited in the failure of meeting the
demand at that period. The deputation then proceeded
to ask the Directors a number of questionsr—to be
allowed to see the traffic tables, and to be informed
what number of Directors had paid their first, not
their second deposit. These questions the Directors having
refused to answer, the deputation withdrew. It now re-
mained with the meeting to agree as to what steps should be
taken to protect the shareholders. The meeting was open
to discussion, and anygentleman would be afforded an oppor-
tunity of expressing his opinions.— (Hear, hear.)
The SECRETARY then read the notice convening the
.meeting.
The CHAIRMAN said, that there was one remark which he
intended to have made before calling on Mr. Coui tenay to
make his statement. It had been stated that the gentlemen
who had commenced that agitation were perscns who had
purchased their shares at discount, and that they expected
to-realise a large profit by breaking up the Company. That
he denied, for every we of the gentlemen had purchased at
15s. premium.—(Hear.)
Mr. COURTENAY said he had purchased shares at 10s. per
share premium, and was informed that no further deposit
woukt be required until the Act of Parliament sanctioning
the Bill had been obtained. He saw in the prospectus that
such were the terms. He need not tell them of the panic still
existing in the share market. In full reliance that the Com-
pany was promoted by respectable persons, and that the terms
of the prospectus would be adhered to, he be came a shareholder.
But what was his surprise to see an advertisement in the
Times, requiring IL additional to be paid ?—(Shame.) He
thought it right to make inquiries, and accordingly called
at the office of the Company. On applying there for some
information, he was asked whether " he was an original
shareholder?" and when he replied that he was not, he was
told that he had " no right to any information."—(Shame,
shame.) He was also told, that if persons got shares and
signed deeds they must abide the consequences. He then
addressed the following letter to the Directors of the Com-
pany :

"TO THE DIRICTORS OF THE GREAT NORTH AND SOUTH
WALES AND WORCF.STER RAILWAY COMPANY.

" 289, Regent-street, Jan. 19, 1846.
" Gentlemen,—Some short time before the panic, I was
induced by a friend to purchase 100 shares in the above
railway, at a premium of ten shillings per share. Previous
to doing so I inquired the amount of the deposit, and was
informed that it was only one pound, and that no further
call would be made till an Act of Parliament was obtained.
The correctness of this statement is borne out by one of your
prospectuses, which I now have before me. It states ' the
capital at 2,000,000/., in 100,000 shares of 20/
each. Deposit, 11. per share.' In the nineteenth para-
graph of the same prospectus, I find the following
announcement, viz. The subscribers will be held liable
only to the extent of their first deposit until an Act of Par-
liament is obtained, and afterwards only to the amount of
their subscription.'
" I am fully aware that you announce as your reasons the
necessity of complying with the standing orders of the House
of Lords. But, with all due respect to yourselves, I protest
against this being any justification of your flying in the face
of the announcement made in the paragragph I have brought
under your notice. You distinctly state, that until an Act
is obtained no further call shall be made. Even if you have
this right—which I for one dispute—why, in the present
state of the money market, exercise it? Why not act as
other respectable companies are doing (the Grand Union for
example), and wait till there is some solid prospect of passing
your Bill through the House of Commons ?
" If everything in your accounts is fair, and your deposits
are paid, what need of any further capital at present ; or, at
any rate, why not call a public meeting of the shareholders,
give them a full account of the present state of your pros-
pects, the amount of expenses up to the present time, and of
the cash in hand? In my opinion, unless you act in the fair
and honourable way here pointed out, your call will be in
vain. Waiting your reply,
I remain, Gentlemen, yours obediently,
" F. B. COURTENAY."
After having sent that letter, he observed the advertisement
that appeared from Messrs. Bates and Co. He waited on
these gentlemen, and told them that he would write to the
. Directors, and he sent the following letter

TO THE DIRECTORS OF THE GREAT NORTH AND SOUTH

WALES AND WORCESTER RAILWAY COMPANY.

"289, Regent-street, Jan. 15th, 1846.
"Gentlemen,_After I had written and sent my letter of this
morning's date my attention was called to an advertisement
in this day's Tunes newspaper, signed J. Bates, and Co.,
Foundry-court. Its"purport I need scarcely state, as I have
no doubt you are aware of it. However, in consequence of
my seeing it, I thought it necessary to wait on these
gentlemen, who informed me that they bad requested
you to call a meeting of the shareholders. That a gentleman
from Leeds, representing a very large number of shareholders
resident in that town, had come up to London with a similar
object. During the short time I was at Messrs. Bates' offices,
three gentlemen, who stated themselves to be shareholders,
called, attracted, like myself, by the advertisements in the
Times, and one and all expressed their dissatisfaction at your
conduct, and their determination not to pay the extra de-
posit unless a public meeting was called, snd a full statement
of accounts given. As I learnt that there is to be a
meeting of your Board to-morrowll thought it as well to
make you acquainted with these facts first, and then to ask
you, in the event of your being resolved• to set at defiance the
wishes of (from all I have this day in the City heard), your
shareholders, I sincerely believe the majority of your share-
holders are prepared and willing to give to the present
shareholders upon their calling at the office of the Company,
and presenting their shares, information on the following
points .
" First. The amount of deposits actually paid.
" Secondly. The number, out of the eighty odd whose
names appear as promoters' in your prospectus, that ap-
plied for shares, the number of shares allotted to each ap-
plicant, and the amount each has paid on such shares.
" Thirdly. The names and addresses of the gentlemen who
now form the Board of Provisional Managers,' the number
of shares originally allotted to each, the amount of deposit
paid by them, and the number of shares they now each of
them hold.
" Fourthly. Whether there is, or not, sufficient funds in
hand to enable the Company to make the necessary deposits
required by the Hour of Commons.
" Such, gentlemen, is the information which I for one
think you should be prepared to render to your shareholders
before you insist upon another deposit being paid; and I
sincerely trust for your own credit and interest, as well as
that of your shareholders, that you will weet these inquiries
in an explicit and candid manner, and thereby secure the
confidence of those on whose behalf 3ou are acting. For you
may rely upon it that in the presentstate of the money mar-
ket, and in the present temper of the public mind; also,
that without you adopt some such course as I and others
have indicated, you will fail in obtaining the payment of the
extra deposit, and spread confusion and dissensiol where all
should be confidence and harmony.--I remain, gentlemen,
yours obediently, " F. B. COURTENAY."
He had stated that he had written this letter late at
night, intending to give his servant orders to post it in the
morning; but before be did so he received the following let-
ter front these Directors:—
" GREAT NORTH AND SOUTH WALES AND WORCESTER
RAILWAY,
"8, St. Mildred's-court, Poultry,
" London, Jan. 19, 1846.

"Sir,—l am directed to acknowlalge the receipt of your
letter of this day's date, and to refer you"—(To what?)—" to
the advertisements in the daily papers for the information
you require as to the present position of this Company.
"(Signed), C. HANBURY.

"F. B. Courtenay, Esq."
—(Cries of " Shame, shame.") Now, he thought he could
not do better than send another letter to those gentlemen in
reply to this one.
"TO THE DIRECTORS OF THE GREAT NORTH AND SOUTH

WALZS AND WORCESTER RAILWAY COMPANY.

" 289, Regevit-street, Jan. 20th, 1846.
" Gentlemen,—l wrote the accompanying letter late last
evening, intending to post it this morning, but before I could
do so I received a note from your Secretary, acknowledging,
on your behalf, the receipt of my former communication.
Without, however, affording me the slightest information, or
in any way auswering my letter, or explaining why you have
departed from the announcement in your prospectus,
to which I called your attention with respect to
the deposits, you refer me to the advertisements
in the papers! I ask you what advertisements ? Cer-
tainly, in thore I have seen there is no explana-
tion that affords me information as to your authority
for calling for a further deposit, after the clear and explicit
pledge given in your prospectus, that no calls should be made
beyond the first deposit till an Act of Parliament was ob-
tained. And, therefore, I cannot but regard the note ad-
dressed to me on your behalf by the Secretary of the Corn-
pny as a dishonourable evasion of the question.
" In addition to the question I have asked you in the ac-
companying letter, I now beg to inquire if Non will permit
me to read the deeds signed Iv the shareholders, accom-
panied by a solicitor, should I think fit to bring one.
" I have only to add, that should Your answer to this be as
evasive and unsatisfactory as the one- I have already received,
I shall feel bound to give' publicity to this correspondence, in
order
that the great body, of shareholders may learn how use-
less it is to endeavour to gain information from their pro-
visional managers.—I am, gentlemen, yours obediently,
" F. B. COURTENAY."
The meeting might, perhaps, have observed that he might
be classed among those persons who were said to be of " an
excitable temperament"—(Laughter)—that he got angry
sometimes; and lie did confess -that he was rather excited
while writing the letter he had just read them. Fortunately
a friend came in (a great believer in mesmerism), and said,
" My dear fellow, what is the matter with you ?" " Oh, this
cursed railway."—(Laughter.) " Oh, don't agitate yourself,
I will calm you in a minute." He (Mr. Courtenay) told him
what he had done, and lie also read the proof of the letter
he had sent the Directors. "Oh," his friend said again—
" if that is all, I will throw you into a tranquil sleep, and
do even more for You, for I will not only soothe your irri-
tated feelings, but enable you to be present at the
meeting of the hoard, when you will see the
reception they will give your letter. So sit
down in your easy chair." Well, after one or two passes, he
did certainly experience a wonderful effect to be sure.—
(Cries of "Question, quesam," "Go on," and some con-
fusion.) Well, then, he would tell them what the Board
was, and he would pledge his word that if •any gentleman
chose to believe, and would endeavour to prove that the
Committee of Management were act'ng properly, he at least
would give him a patient hearing—(Cheers)—but he asked the
same indulgence for himself also. He begged them to ob-
serve that he had paid 155/. for his hundred shares, and that
any discovery that the Directors were going on in a satis-
factory manner would be wore pleaaug than otherwiae. He

had alluded to the meeting of the deputation h
wanit the
,
Directors, one of whom he knew personally, d
_b
(Mr. Courtenay) only regretted that he allowed his
eyed
ment to he influenced by the majority, for he bel"
that his own opinion was favourable to the bhareholdera.
(Hear, hear.) He (Mr. Ceiurtenay) had come to that ine!si
ing to investigate their affairs, and he hoped to hear th,i:
his opinion of the Company was altogether erroneous.
repeated that he would be most happy if Mr* 131;
(solicitor to the Compny) would prove to
,b,
that he was altogether awrong.—(Hear.) Ile tole"
meeting that he had paid this money for the shares
held, and e had held them throughout the panic, Bear,
he did think that this was a respectable Company—(fle3eof
hear)—so much would he do that he had offered to one
the Directors to pay up the additional call of a pound
share, if he received a distinct pledge, that,
0.
the event of nct receiving the sanction of Pa
sees,)
his hundred pounds would be returned to him.—(Ch" eeriho
He would rather trust one individual of the Board Om
x
Board itself as a body, until at least he had got some e-dpir
nation of their affairs.—(Continued cheers.) He he 'lie
tended to tell them what had occurred during his n 1
tended
b
sleep, but. some gentlemen did not seem to care for that
it
ha
count. He was in the hands of the room, however, .' on,
had only intended to tell Mr. Bushe, if he had time tom the
what answer he had expected to have received fro
Board of Directors.
Mr. Bustig—l will wait, if business is to be done; bet I
thick your mesmeric sleep has nothing to do with it. Se
Mr. COURTENAY—WeII, he would pass that 133-* the
would abandon 'mesmerism, and confine himself t° „od
merits of the case.—(Loud cheering.) Gentlemen 'fro" of
observe in the prospectus issued by the prou'etpuyiss
that undertaking—in the nineteenth paragraph—thbeer-beld
the following announcement ;—" Subscribers will Act of
liable only to the extent of the first deposit until the 1., to
Parliament shall have been obtained, and afterwards °lto
the amount of their subscriptions." Now, that Wesbor
paragraph, and a most important one it was to the tele'
holders. But he would, in addition, call their attention tot lot
ter of application for shares. "To the Provisional Comshetalrete
&c. —Gen tlemen, I requestyou will allot me—so mail ad
and I hereby undertake to accept these shares, or le ro'
of them as you ir.ll, allot to me on the terms of 9,luerfar
spt ctus, to pay the deposit thereon, and to execute per
lihmentary agreement when required." Was that o,..ne",[t it.
fectly clear—in fact, could there be any mistake av`ipot
He knew that it was said that the additional depoloo
required to meet the standing orders of the !louse of .550eci.
But he would ask Mr. Bushe if that prospectus 511 e
before this regulation was determined on by the ,L4;e:toli,
Lords; and if it was, he would ask again why the llic
did not withdraw that prospectus, and say to the pti',;eed to
in consequence of this alteration they would be 01P.fhat
alter the principle on which shares were to be allotted. oilt
would have been the straightforward and honest course'
Mr. Bushe said they did not do that. lbß
Mr. Basun—You did not ask me a single questionr
ge—ole

I,

le

subject; certainly I did not answer one. -Son-re other
man did so, but not you. orilp
Mr. COURTENAY was sorry to find Mr. BUOlle'S rfielletter/
defective. He did ask Mr. Bushe, if, when_the ip
of allotment were issued, the Directors had 1311.01°
notification of the alteration they intended to
and the terms on which shares were to be granted, 3jel
understood that gentleman to reply, No. He (Or'bolJer'
tenay) had not the honour of being an original shared bee°
but others could tell him if such a notification 0100
made.—(Cries of " No, certainly not.") But Mr;,he
stated that he had told thousands of shareholders 0.
tended alteration.
Mr. BusHE—l stated that I had informed gentlemen
held shares to the amount of some thousands. rertl
Mr. COURTENAY maintained that the Provisional Dist
and the Solicitor to the Company were bound in li?;t110;
give notice of the alteration. and the terms on Whicte t°o
meant to allot the shares. They were bound to ,st,aots
extent of the alteration, and leave it to the apP"'",
take up their shares or not, as they might think proPec'e boy,
they adopted this line of conduct, there would 'lid 0.,"
no necessity for that meeting.—(Cheers.) They rder,S
however, do so, but they made this other call, irl
a boa
they stated, to comply with the standing orders of
of Lords. He might be wrong in the impression '-`%/leety
tamed, but he imagined that until they received the T' ~
g
of the Commons, there was no necessity for
money —(Hear, hear)--that was, if the dep0.9":„00
fully paid. If they had received the affirip,hst.;
the • House of Commons, he was sure 't-he
shareholder in that room would hesitate to pay uPiO P
garly additional pound that was required of b"7101
maintained that the respectable position of the %I 0,
could only be maintained by the solicitor giving 3 ,cheelble;
eiplicit explanation of the affairs of the Company- 010
—and he called upon him, therefore, to state the
of shares originally allotted, with the number re' if
to the promoters of the line.—( Hear, hear.) Tbethe
88 names on the Provisional Committee, and 71
were locally interested, who, if the line paid only 2 Pieta Pi,
would perhaps advantage by the transit of nature
ficial produce for their own lands to a much greaterpl,
The speaker then, at great length, contended that ,hem,
present proceedings the committee were ruining the[t.
That in the market, and he had authority fd.
ing so, the shares would not bring 2s. ," 1;
is. 3d. of that would be absorbed by the brokers ,„010,13
If these questions were answered in a satisfactory set
if their affairs could bear investigation, no man of se
,° got,
doubt that instead of their line being at 7-Bths dis"b !Peen
would be at least at par if not at a premium, and a,,11.7.,barg0
ings as had lately taken place at Glasgow and x''',lbst Jet
would be avoided. The Directors could not deni'. shY
table was groaning with letters of inquiry from t.'"
holders.—(Hear, hear.)
Mr. BUSHE—Tbeir table is inundated with scric6 Oaf)
Mr. COURTENAY—You may hold the scrip, for e. 00,
ited

.4, •
get the money.—( Hear. hea.r) When they WO-
Directors there was a great looking for scrip in
tbyt
but no sections, no traffic tables were produced. ;00,
A SHAREHOLDER said, amidst the utmost consist', .fit,
he considered the speaker was occupying too Inti,e:na
his address.—(Cries of " No, no ;" " Yes, ye9i't
on.") 14 "Pr
Mr. COURTENAY said he was entitled to be ho
tb,
end.—( Hear, hear.) The studied mystification ef ,stireri
rectors, their steady refusal to give the information sees,oll, hi
their experience of railway projects, justified the shari, to
in the course they were pursuing. Let them also leici 09(
number of banks daily failing, a list of which appeare„etfeci
P
Times of that morning. With these feelings he was
justified in proposing the following resolutioneel(
" That, under the circumstances now detailed, t"ovav
is of opinion that it is not expedient to pay the bee
)bt
posit, and that such payment be resisted.' —.(Cheersdrss.6
Mr. BustlE asked if he would be allowed to au,cries
meeting before the resolution was passed or after ?---1
After," Before.") h pirc
Mr. COURTENAY said when he and others saw tiri
tors whose names they could not obtain, they ,ressi,i4
guarantee that those shareholders who did not itore'
second deposit would be entitled to be present at the
on the 31st. i 4 4t
Mr. BUSHE, in reply to a question, said he atten,
official capacity, by the express desire of the Boar'
of resnect to the meeting.—(Hear, hear.)
Capt. BACK having seconded the motion, fp
Mr. BUSHE proceeded to address the meeting• etni
whether the gentleman who had addressed the efeiil
was an original shareholder or not, he should meet In Ile
attention from him as the solicitor of the ComPanY'deal
not now intend to follow him into detail, but wouldir.oo.io
the more prominent features of this address. He 0 tea
his father aid grandfather, had been long connec of de
the City, which was a sufficient guarantee ,_e
respectability. He certainly felt . proud to Peoi
ciated with the gentlemen who composed the...oolei
If they wished to know who they were, let t hen' 1,-,,j0.„`
to
City, or at the Bank of England.—(Hisses.) Th,Y had
like men of honour and of business, and with ever,' boy
promote the interests of the Company ; and if theit to
obtained the respect of the shareholders, they oug'be
U td
done so.—( Yes, they had.) He was entitled to as
as patiently as the gentleman who had PreretVal
resolution, who had in the course of his address 11 e pod'"
flowers than facts.—(Cries of " No, no"—" Go tur'itiprclio
—" What have you done with our money?" an,, e'hs'gr)
If they would hear him, he would compress ail „1,6 let;011'
say into one paragraph. He then referred to 01100.,(00
which he had addressed to Messrs. Bates 50' pie(' PO
citors for the shareholders, stating that he icier°l9oo
would give their application the fulllest cored t.ly
at their next meeting. The Directors had not Cu'eoetio,
any but their original shareholders, to pay the incr, "
posits.—(Great uproar, and cries of " Shuffling, LI
time all the scripholders must pay the additional e 3 tot I 01
had several times endeavoured to address theni,octs,
time he had been interrupted, He wished to state tiliV,
if he was interrupted again he would leave the rne sbol
he was of opinion that in business matters there atioo,
no noise or uproar. With respect to the obserrspecj,
Mr. Courtenay, he did not think that a r,..e
member of the profession ought to reply to theffl' pirec,
and cries of " What do you come here for?) The ise,4,fe,f
who were respectable men, had committed thorn° 4t9
advertisement stating that two-thirds of their der era"AV
untouched, and deposited in a safe place. Then all therogrrill
nary expenses up to 31st Dec. had been paid. The of,11,;1:',/
was printed and issued before the order of the Ilud,ro,lo,
was sent forth. It, of course, placed them in an per
ieoC'
tion, but if they had withdrawn their prospectus/ perV
fished another, they would have had to pay 1° .40; el,
deposit to the House of Commons. The great (Pei
how they were to go into that House. If they
vided the 5/. per cent. they would not have ',Ms pow,'
standi. He advised this as the proper course ; tli%
and the clerks of the firm would state that pari;orsei ,
etP
thousands of shares had been informed of tbej thefel
proposed to take with respect to the deposits. 4"`:trito coos
and others he had sent into the country were irlit Fel;
say that it was possible an additional deposit of
toorrioil'
might be necessary. They looked to the original °Ade ,teri
and not to the purchasers of shares, for the increasloo,;lo!;
and the proper time fora public meeting to consider -tee'Af
the Company should take should not be detertli"osr
the opinion of the original shareholders, who were eiel
ble, could be obtained. be'g
[Several gentlemen here said that when Mr. nu,.,sbst)) (04
called upon them, they said nothing about the Prt" /to?,
bd
an additional 51. per cent. being required. Gre3o
sued at this, during which Mr. Bushe putA.l3osej e
and seemed about to leave, but someone cried plOChe
going," and amidst great hissing he retired to hi: t"
A SHAREHOLDER wished to know what arnoutP
posits had been put away?
Mr. BUSH& - -Two-thirds.
,14(

to
A SHAREIKLDER.—TOO much. °
tbl
Il Mr. KINNAR—Have they sufficient money to g°
meat?—( Hear, hear.) rePgoitiv:ll
Mr. BtrsmrE—l will advise the Directors to sharedi
statements required, and to submit them to the dr 5O
at a future flay. That is my advice—it is son° geoo
abide by it.—(Hisses.)
A STIAREIIOLDER said he had bought severo ("VII;
di 00
10s. or 12s. premium, believing that it was a g 010 0 "
and he did not think he or others were wrong '3 wOll, vo
The acrimony shown towards Mr. Bolititille'itere
have been uttered if he had "-.5 tOii
4
statement with which he set out—that be,
rer •Ot o
iDe
behalf of the Directors, and that he won i ~,
statements made. If a guarantee Well—td 0 o #
to him that the money was required bito
Parliament, he should not object to Psol!,o3°
wished to know from Mr. Bustle in what Patter i 0
purchaser of scrip, would be as a shareholder, °sit. .10,,r0
of January, if he did not pay the additional d,erbe thlloo
Mr. Busim said that his position would be I::'aditYPB
shares would not be forfeid, bt w0u1413 wort° Vt
forfeiture. As he stated to the deputaution witenien 01,1 do
him, with Mr. Courtenay at their head, whe_ tors vict to °
forgotten what he told him, that the 14- 0
play "snap" with the shareholders, and forfeit
• ion PI
o'clock at night on the 30th of January. „boot he s
The same gentleman then inquired in wllattri;ay t'
a scripholder be at the meeting, if he did nu 0#
on
11
tional deposits ? posit
ea. JP
°crib° de Pea •
Mr. lksitE said he would be in the
original holder, according to the terms odid not p
oth'
the shares were liable to forfeiture if he f 6010 Lbe nier
bad stated this to the shareholders scores ? ,he p
A SHARETIOLDER said they were bound •_l_,',.,apegi`..'")
ing for an earlier day than the 31st, or top °':_tifie
fs
ment of the deposits to the 4th of FebruarY•_—'2lo yfch-
Mr. Busxn said he represented gentleinea P

lion with the
ialltV, and hrr e
eed hisel jieve
tl4;
lie b
hareholders.-::
to that meet.
to hear llie
!!
erroneous.
if 111 r. nit
.01
in MO
yi-e
lie told the
the shares be
panic, bee!Or,
limos'-01°of
ri•eci to oo.ie
of a pound
get that,
f radial:o'z
!cheer!!
3oard than tOl3
of some
besadPll,
He
mestoetic
iree
for the s
•
wore, but
tes
time to lis
ived from

done; bet I
with it. ge
that by* the
imself
alone, of
3 protecne";fis
ph—there
held
A
ill he .1
ct vi
ntil the ly to
rivards 0p 'the
that weesre,
to the toet.
ntion to ittee,
nal Corlm,.
many shsj;ol
or
'
is of 930 per
:ecute t! Der
that 10"
stake 2100
nal deposiptas
:ouse ofisshei
!tug we,es "useof
the no .4
v the Vilecerbss
the Pau edto
be obligoo
allotted' Bet
ist course,

the
n CO
ue3tie Jr
le other P"
orf
he's me ni
iettel/
an the jo •
had Poste'
led to dbs
ranted, sour'
le (141.'01Jets
Ist shard beep
ition bPu
' tcsbl,
'ut 31r%hre
ders of

seriP• will il()
for Yeu oa
waited 00
.0. OP
ip 1
le.onftis,ioo,ooo‘ol
) ton° A
res ;
rd ty
be beaha Dr
tion of iritif..4
tion soulkolf-
the sh arey,,,,
also
look ' tY
leili
appear'
he wasp
filed,
the bu
Cto adlerheers.)ro tri
iel
iter
saw -e Ir„)ed1r„)ed r
of
they ref s
d not pee.
; at the
cledl
atte oO
r)
Board'

to go tto
mite ,(181
per to, iP
to hoe jll
le S'AOJ
up ti,
„reoVs
1l 0
eV
eral 60PA•oll'
oOd C°oPi°llol
fin 0j tlig
h;ulbii
0,0„,„
Iretiol
t go e,
to it. •
AY•oll 115'0°1
pOSit'
titter 00
er°Sittilii:
a to
be lisbl o;
I be Allied h°9(
• ,13 11-A to -dot
feerovioti, 811
tors t
t, this A
flool!1
positioro eddt
It Pal t

f 1
bc
ill
'tl°
P° deed.
ot P°l.o '
i[ns Lbe Oeet
) O3"
rtP°S„st.)
cre
ro