The Sun.
London, England, 1846-01-23 00:00:00

Th 1 t
441t+

NOTICE.-ALTERATION OF TIME AND
REDUCTION OF FARES. GRAVESEND for 6d. or 94.,,
boat and rallwgy included. The STAR and ELACKWALL
PACKETS are how running at the above reduced fares from the
Brunswick Blackwall, at 9%, 10%, 12, 1%, 3%, and 5.
illundays, 12 and 3% excepted. From the New Terrace Pier,
Gravesend, at 8%, 94, 114, 1,2%, and 5. Sundays 94 and 1 ex-
cepted. Fare Fore Cabin and Second Class Railway, 6d.; Saloon
and First Class, 9d.
Star Office, Gravesend, Oct. 11, 1845.
_ _

NATIONAL LOAN FUND LIFE ASSUR-
ANCE SOCIETY,
26, CORNIIILL, LONDON.
Capital £500,000.
Empowered by Act of Parliament.
This institution offers important and substantial advan-
tages with respect both to Life Assurances and Deferred Annuities.
The assured has, on all occasions, the power to borrlw, without ex-
pense or forfeiture of the Policy, two-thirds of the premium paid,
(see table); also the option of selecting benefits, and the conversion
of hi, interests to meet other conveniences or necessity. Assurances
for terms of years are granted on the lowest possible rates.
DIVISION OF PROFIT:.
The success and increasing prosperity of the Society has enabled
the Directors, at the last annual investigation, to declare a third
Bonus, varying from :ft) to 75 per cent. on the premiums paid on
each Policy effected on the Profit scale.
EXAMPLES.

7'40
. f,-;
iii
• ga

011195
4.
ytt °b
04g
&0°
04g

, Bonus
•
44 cid
Premium.' added.

1837 £l9l 13 5

I 4 4 11* 1838 168 13 0
61 1000 74 3 4 1830 1311 13 6
1840 89 0 0

Bonus in
Cash.

£B7 13 5'
74 13 10
61 14 3
41 13 4

413 17 1
11 8 6
9 2 10
1 6 • 0

£395 Il 1
346 2 3
296 13 4
247 4 5

Toe division of profits is annual, and the next will be nude in De-
cember of the present year.

F. FERGUSON CAMROIII, Sos.

THE MERCHANT TRADERS' SHIP LOAN
AND INSURANCE ASSOCIATION.
(Prvisionally Registered according to Act of Parliament.)
Capital, 100,000,0001., in 20,000 Shares of 50/. each.
Deposit, V. 2e. per Share.
Five Shillings a Share to be paid on Allotment, the remainder on the
Execution of the Deed of Settlement.
No Shareholder to be liable beyond the amount of his Subscription.
TRUSTERS.
The Right Hon. Captain Lord Viscount Ingmar°, 11.1, C.D., M.P.
Sir Robert Price, Bart., M.P.
David Hope, Esq., Glasgow
COMMITTER OF MANAGWINT.
The Right Hon. Captain Lord Viscount Ingestre, C.L. M.P.
Sir Robert ?rice, Bart., M.P.
Captain Samuel Price, R.N., Senior United Service Club
Robert Wright Wood, Esq., Lodge-place, St. John's Wood
William Webster Watson, Esq., Inner Temple
Edward G. Winthrop, Esq., Gloucester-street, Regent's-park
Captain Blair, H.E.1.C.5., Glasgow
David Hope, Asst., Glasgow
Mathew Dick, litsq., ➢feikle Ernoch Merchant, Glasgow
MANAGING DlRECTOR.—Augustus Collingridge, Esq.
RANKERS.
The Commercial Bank of London,. Lothbury
The City of Glasgow Bank, Glasgow
The Hibernian Banking Company, Dublin.
SOLICITOR.
John Watson, Jun., Esq., 10, Henrietta-street, Covent-garden.
SOLICITORS FOR SCOTLAND.
Messrs. Campbell and Tennents, George-square, Glasgow.
OFFICIO.

London-2, Fish-street-hill
Glasgow-83, St. Vincent-street; Manager, John MlLellan, jun., Esq.
Dublin-12, Lower Sackville-street ; Manager, J. B. Bankhead, Esq.
The objects of this Association are twofold—the Insurance of Ships
and the Advancing of Money by way of Loan, secured by mortgage
on shipping. Each branch affords its own share of individual profit ;
but the two operations, judiciously combined, will evidently be pro-
ductive of highly remunerative results to the proprietary.
The immense fortunes known to have been realised by individuals
who have advanced money upon the security of shipping, with an
assignment of the policy of assurance, afford the best guarantee of the
soundness of the principle upon which the Association is founded.
The almost incredible number of British shipping under mortgage,
shown by the books of the Registrar-General of Customs, exhibits a
wide field for the operations of the Association. The great bulk, if
not all of these loans, have been obtained upon exorbitant terms by
the small owner from his more wealthy neighbour, who may look
rather to the obtaining possession of the vessel by foreclosure than
to the eligibility of the security as an investment.
The Association will advance a sum of money, in no case exceed-
ing two-thirds of the vessel's value, upon the report of its surveyors ;
which loan shall be secured by mortgage upon the whole ship and
earnings by freight , the policy of insurance effected with the Asso-
ciation remaining in its hands until the termination of the period
for which the loan has been granted.
Among the many advantages it holds out, the following are not
the least:
To the Shipowner, the certainty of obtaining, at a moderate rate,
and without injury to his credit, pecuniary assistance when he meat
'requires it.
The opportunity of relieving himself from mortgages bearing an
exorbitant interest, and effecting them with the Association at an
equitable rate.
To the Shipbuilder, particularly when building fer the market,
either at home or in our colonies, by placing him in a position less
dependent upon immediate sale at an unfavourable season.
To both, a participation in the profits of the Association by ho-
ming shareholders.
The Assooiation embodies the following advantages for its Pro-
prietary :
The immediate certainty of securing a very large number of poli-
cies of insurance, since, although insurances will be taken without
loans, no loan will be granted unless the policy be effected with the
Association; hence the double profit which will arise from these two
sources.
A total absence of risk to the shareholders.

It may be added that an extensive connexion has been already
formed in the leading outports, and insurance business to a large
amount secured for the Association.

The same machinery sufficing for the working of the double prin-
ciple here exhibited, the expenses of management will not exceed
those of any ordinary marine insurance-office.
The necessary Parliamentary notices for an Act of Incorporation
have been duly given in the Gasettes of November, 1845.
The whole sum required for the preliminary expenses has been
advanced by the London members of the Committee of Management.
Applications for shares, in the usual form, may be made to the
Committee of Management, and addressed to any of the above-named
officers of the Association, to the solictors, or to any of the following
agents, from whom more detailed prospeetuses may be had :—Wm.
Caferata, Esq., Exehange-buildings, Liverpool; Messrs. Flint and
Tootal, Hull; Messrs. Drewry and Richardson, Newcastle-on-Tyne ;
Robert W. Ogilvie, Esq., Newcastle-on-Tyne ; W. J. Barker, Esq.,
Sunderland ; Messrs. Carr and Sons, Whitehaven ; Tiffin Bell, Esq.,
Workington ; Messrs. Wood and Son, Marypert ; Henry Smith, Esq.,
Fleetwood; T. Sanford, Esq., Exeter; A. W. Forbes, Esq., Glasgow;
J. Mac Lellan, jun., Esq., 118, Vincent-street, Glasgow ; Messrs.
Gird wood and Co., Leith ; J. B. Bankhead, Esq., 12, Lower
Sackville-street, Dublin ; Robert Henderson, Esq., Donegalquay,
Belfast; Messrs. Ryan Brothers, Limerick; and Messrs. Hughson
and Dobson, Edinburgh.

MERCHANT TRADERS' SHIP LOAN and
INSURANCE ASSOCIATION.
The great bulk of shares having been already subscribed fbr in the
principal outports, no Application for Shares can be received after
&truancy, the 24th inst., when the Committee will immediately
proceed to the allotment.

settlement of that question, which, in present circumstances, is the
source of so mush danger, especially to the welfare and peace of
Ireland.

" Lord John Russell would have formed his ministry on the basis
of a complete free trade in corn, to be established at once without
gradation or delay. lie would have accompanied that proposal with
measures of relief to a considerable extent, of the occupiers of land,
from the burdens to which they are subjected. But he will be little
disposed to insist, as a Member of Parliament, on what may seem to
your Majesty's advisers an impracticable course. The country re-
quires, above all things, an early and peaceable settlement of a
question, which if not so settled, may in an adverse state of affairs
cause a fearful convulsion."

MONEY and COMMERCIAL NEWS.

(From The Sun of Last Night.)
The sales of Cotton at Liverpool yesterday were 7,000
bale 3, including 1,000 on speculation. The market was
steady, and prices were pretty firmly supported. Not much
was done in Shares, but they looked firmer.
The failure of the extensive diamond merchants, Messrs.
Emanuel, and the stoppage of a very large firm in
the Irish and American provision trades, has excited
some anxiety, and an apprehension that the shyness exhi-
bited in granting discount accommodation until the railway
deposit question is settled—that bugbear in the money mar-
ket—may, by shutting up the usual channels, lead other
houses into temporary difficulties.
The City is but thinly attended to-day, and not much.
business is doing, which is usually the case on the day of
Parliament opening.
The Funds have been quiet, and,parties abstain from dealing
ONE CLOSING
PRICES OF BRITISH FUNDS. O'CLOCK. PRICES.
Bank Stock ... 205% 207
3 per Cent. Reduced Anne....., 95 95 95% 951/s
8 per Cent. Consols Annuities 94 76 94%
New 34 per Cent. Annuities 96 4 971,E
97
Long Annuities to expire J an. 1860 10%
Ditto 30 years, Jan. 5, 1860 lO% 10%
India Stock 253 253
South Sea Stock ............
Ditto New Annuities ... ........ 94N 94,9
Consols for Account... . ...... ...... 95 9514 95 95
Exchequer Bills, 1,0004 1%d.... 22 20 22 pm. 22
Ditto 500/.
Ditto Small 22 pin. 22
ONE CLOSING
num OF FOREIGN FUNDS. O'CLOCK PRICES
Brazilian Bopds
Ditto, New, 1829 and 1839...... 81% 81%
Chilian Bonds 6 per Cent............
Ditto Deferred e 53
Danish Bonds, 1825, 3 per Cent... 89 89
Portuguese Bonds, 4 per Cent —
Ditto, Account 601,4 60 59N
Russian Bonds ...................•••• 113
Spanish 5 per Cent. 1840.
Ditto, Deferred l7 17
Ditto. 3 per Cent —
Ditto. Account 39li 39 39
the. above payable
in London.
Dutch,
Ditto.D2
4vid95%
PRICES OF ,Th BUSINESS DONE CLOSING
RAILWAY SHARES Pte. AT ONE O'CLOCK. PRICES.
Aberdeen
LpPeeinrrdsCCeeonnutt. Certificates
Aberdeen,Banff, & Elgin 254 ......
Armagh, Coleraine, and
Portrush 1%•••••• -
Aylesbury and Theme.. 1% - -
Belfast & County Down 2%
Bideford andTavistock...
_l% ......

Birm— in. and Gleucester. 100. ......
Ditto New 17% .....•

Birmingham and Ox-
ford Junction
Birmingham & Leicester
Direct 42s. — •• ............
Boston, Stamfd, Sr; Birm 225.......
Bridgewater &Minehead 425. ... .•
Bristol and Exeter 7O ...... 841/ 84%
Ditto, New
Bristol and Gloucester... 30 ......
Bristol and Liver. June . 2%......
_—

Buckinghamshire
34 die
Caledonian
Ditto New 214 4 •• •• ••••• 4
Ditto Extension ... .. 24.-- 34 . ...... 34
Cambrian & Grand June 42s —
Cambridge and Lincoln 1% •••
Do. New
Cambridge and Oxford.. 1% —
Canterbury and Dover.. I ‘ — ...... ..... ..
Central Kent
Chelmsford and Bury ... 21. -
....
Chester and Holyhead... 15
Chester and Manchester 425.
Cheltenham and Oxford 2
Clydesdale Junction ..... 5
Cork Blackrock, and
Passages
Cork and Killarney ... 2%
Cork and Waterford ... 1%
Cornwall
Cornwall & Cent'lDevon 2%
Coventry, Nuneaton, Bir.
and Leicester...

Dartmouth, Torbay, and
Exeter
Derby and Crewe ... — —
Derby, Gainsbro', and
Great Grimsby ... IN —
Derby, Utlbxeter, and
Stafford 2%...... --- ........ •••••• ---
Direct Manchester

(Remington's)
Ditto (Rastrick's) syi ...... .. .... ........
Direct Northern
Direct Norwich
Dublin and Armagh 1N.....
Dublin and BelfastJunc. 5
Dublin, Belfast, and
Coleraine
Dublip. and Galway... .. 4 ..... :'—
Dudley, }faddy, and
Broseley
Dundalk & Enniskillen 225
Eastern Counties 141. 165....... 22% % ...... ..... 22%
Ditto New 61. 16s. 7%% p..»...., 7% p
Ditto Perpetual, 5 per
Cent, No. 1 6/. 13s. 4d..., 1,4 p
Ditto ditto. No. 2... 4/. 13s. 4d... A p
EastDereh'in andNor'ch 1 _
Eastern Union 25 „. ... _
Ditto, Quarter Shares 8%,.,... _
Ditto Extension
Do. Ipswich and Bull 4
E:

Do. Exten'n to Norwl 211 .....
Do., Camb. and Ely.. 21 . ...... _
East Lincolnshire ...... 11,4...... _
East 8c West of England IN.__ .... -
Edinburgh and Glasgow 50 .....„ 75
Ditto Half Shares ... 5 ...... 15
Ditto, Quarter Shares 121(.f2 *. ...
"•• .....
Ditto, New
Edinburgh &Northern.. 114 ...... _ ••• •-•-
Edinburgh and Perth... 3
Ely and Huntingdon 5 __

~iy at.- —Long( _. ..,
.....
Enniskillen and Sligo ... 21,4
Essex and Suffolk .. ... 1% —
Exeter, Dorchester, and
Weymouth
Exeter,Yeovil,& Dorset 23/4 ......
Glouc.,Abelystwith,and
Central of Wales ...... IN__ OTi O%
Goole and Doncaster .. 428.
Grand Junction . 100 —
Ditto Half Shares 5O
Ditto Quarters 25
Grand Union l%
Great Eastern &Western 2 % ...... 1% ........ ....
Great Grime., Lth., Horn.,
Lin., and Md.Junct.,.. 42a......•
GreatGrimsby and Shef-
field
Great South. and West
(Ireland)
Ditto Extension ...... 121 .....
Great Munster ... 21
Great North of Scotland 2 .„.... _
Great North of England..loo ...... _
Ditto New 5
Do. New .... .. ........ 5 ...... 33
Great Western B5 161%... 161%
Ditto 1,4 Shares 5O
Ditto IA Shares
Ditto Fifths

Guildford, Fare'm,Ports. 5 .....
Harwich
Hull and Selby SO
Ditto .5i Shares
Do. Half Shares
Inverness and Elgin
Ipswich, Norwich, and
Yarmouth 2 ...... ...... ...... ..
Irish North Midland 1N......
Isle ofAxholme 25,6 ...... --
Killarney Junctions .—
—_
Kendal and Windermere 111-
--
Lancaster and Carlisle... 30
Lame, Belfast, and Bal-
lymena
Leeds and Carlisle
- -- 2

Leeds and West Riding
Junction

Leicester & Birmingham 22...••.•. ...... --
Leicester and Bedford... 225. ...... p
Leicester and Tamworth 425....... ............ p
•••

Liverp. and Manchester.loo ... ..
.............
.:
Do. % Shares ......... 50 ...... ._
Do. Quarters ............ 25 ...... ........... —
Liverpool & Leeds Direct 2% .. ...
Lpool., lanchstr, & New-
castle Junction ...... 2% ...... 4%... ........
London and Birminghmloo ...... 223
223
Do. Thirds ............ 10 ...... ............. .
•
Do. 14 Shares ......... 2 ........
Ditto E
to Fixfttehnssi..o.;
.......... 2144 ..
...
.. —..... .........
. ....:::::
Ditto :
.• 26%
London and Blackwall. 16/. 135.4 d. 91 ...
Do. New ............... 1%... .. 33 .54 ......
...
• 3
Ditto Extension ...... 3 •••••• 31 . ........ ate
London and Brighton... 50 ...... 684%
Do. consolidated Bths... 40 ......
Ditto, Fifths ......... 10 ..-.. 21 ..,,• 2-1
London and Croydon, 131. 15s. 9d. 22%
Do. Guaranteed 5. pf 9
......
101%.....
......
Lon., Chet, 0x.,G10., and 934
Hereford . .............. 1%...... ........... .
London an dGre enwich 12/ 15s 4d... ............. • •
Do. Preference ...18/17s 2d --•
............ ••
London Hounslow, and
Western
Lond. & S.Western 41/ 6s 10d
..
773/4 ... ........
......... 4
. _%
Do. New Consol. Bths 28
19
7473
Do. New .............. 7%
LoLopnndd°oo.2nN&anew Sod
ybuth rkE.u..
........ 62.
..............
....
.. -.....
London and Windsor . 1 ..• -
........
_
London, Warwick, and
Kidderminster ... ...... 2%

Loadon, Salisbury, and
Yeovil ..... 2% .•... T '.. ...........
Londonderry & Coleraine 5 •••••• ~•••••••••••••
Londonderry and Ennis-
killen 5
...... .............. .--
Lynn and Ely
Lynn and Dereham 5 •••4. 4 _
Itanclaester And Leeds.. $2 - ...I. ......... , 123

Ditto 1h Shares
Do. Quarters 2
Do. Fifths l2
Do. Sixteenths .....
Manchester and Birmin. 40
Do Quarters ... 4 ......
Do. New Quarters ... 2
Do. Continuation and

Welsh Junction
Manchester,Bukton,and
Matlock .. 42a. 2304 p ...... ... 21A p
Manchester, Birm., and
Mould Junction .. .. _
Manchester and Rugby
Direct
• .. ---
..
Manchest. &Sonthampt. 2 ...... 34 ......
Midland 100 .....155
Do. Fifths ' 2
Do. New
Midland,Birm.,Derby...loo 122 123... ..... .... 123
Midld. & East. Counties 2%
Midland Great Western _ .

(Irish)
De. Extens. to Sligo... 23A... ..
Newcastle and Darling-
ton Junction 26 ...... 60 59 ... — 59
Do. New Brandling.— 20
Newcastle and Berwick 10 ...... 22 21%
Newcastle and Carlisle...100
Newport& Abergavenny 2%......
New Ross and Carlow... 22s -
Newry and Enniskillen 2% — «••... «••...
Newark, Sheffield, and
Boston ... .. ... 2%..... 2% 3 3
Norfolk Extension 2

North British . ....... -. 17% 25% 25%
Do. Half Shares ..... 3% 716 7ll
Do. Exten. to Carlisle 1
Do. Ext. to Dalkeith 25
Ditto ditto
North Devon
North of Norfolk .. 23/ — ... ..........
Northern and Eastern... 50
Do. Scnp
Do. Quarter Shares... 12%
Do. New
N. Kent & Direct Dover 2%
North Staffordshire 42s. .. .. 4 p 4 p
North Wales - AMMO • B%
North and South Wale,
and Worcester t 1 ..... --
Northern and Southern
Connecting
Norwich and Brandon.... 18 -
Ditto New 3
Northampton, Banbury,
and Cheltenham
Nottingham and Boston 2% — .... —
Nottingm., Erewsh.Val-
ley, and Manchester... 2%
Nottingham and Mans-
field
Oxford, Gosport, Ports-
mouth, & Southamptn 425.
Oxford, Worcester, and
Wolverhampton
Oxford, Witney, and
Cheltenham....
.
Perth and Inverness ... 2% - .....
514
PiibiwAt
Directmospheric ... 1
4.3/4 ."...
Portsmouth
Wyre
Preston and 343/4- .... ....... 84%
Do. 1A Shares
Reading, Guildford, and
Reigate
Richmond
Rugby, Derby, and Man-
chester ..
Rugby and Huntingdon 2
Huey, Leamington,and
425.
Rugby,
oarrwceiseWtka2.vick. and
Worcester... er .
425.
Scottish Central
Scottish Midland ' 5 —
Do. Extension
Sheffield & Manchester 100
Do. Quarter Shares... 8
Shrewsbury and Birm... 2%..... 4% ...... ....
Shropshire Mineral....,. 425...„ ..
Shropskire Union
Shrewsbury & Hereford 2%
Shrews., Wolverhamp.,
& S. Staffordsh. Junc. 21
Sligo and Shannon 1
Somersetshire Midland 23 -- ..... ... .....
South Devon.... 25
South Midland 42s.
South & Midlands Junc. 42s
South Staffordshire June. 2%
South Eastern & Dover 33/ 2s 4d...
De., No. 1...
Do., No. 2.
Do~ No. 3
Do., Ne. 4
Southampton, Manches-
ter. & Oxford Junction 425.
St. Alban's, Hatfield, and
Hertford Junction ... 425. — ............•
Staines and Richmond.. 1
& Staffordsh. Shropshire 2114 3s
South Wales
Taw Vale Extension ... - ••• •• ••• ..... ...•
Tean and Dove Valley 1% —
Trent Valley 5 ...... 20% 20%
Trent Valley and Holy-.
head Junction - ..... 2%
Tring, Reading, and
Basingstoke
Ulverstone and Fume.* 2%......
Vale of Neath ... ..
Warwick & Cheltenham 1% .... —
Warwick and Worcester 425.
Waterford and Kilkenny 3 —
Waterford and Limerick 7%
Waterfd,Wxfrd,Wicklw,
and Dublin
W aterford, Wexford, and
Valentia
Waveney Valley ..... -.. 2
Welch Midland
West Cornwall -
West Yorkshire
WestLondon,Old Shares 20
West End and Southern
Counties
Wexford and Carlow ... 2%..... •••
Wisbeach and St. Ives... 2
Wilts, Somerset, and

Southampton
Wilts, Somerset, & Wey-
mouth
Worcester,Hereford,Roes,
and Gloucester 42s. ...
Worcester, Tinbury, and
Ludlow `)% — ••
Worcester and S. Wales 425......
Worcester,Warwick, and
Rugby , 425.
Yarmouth and Norwich. 20 —
Ditto, New • 20
York and Carlisle 23A — . ..... . .. ,
York and Lancaster 2%
York and North Midland 50
Ditte 1A Shares 25
Ditto Scarboro' Branch. 25
Do. Selby
Do. Extension . 15
FOREIGN RAILWAYS.
Anglo-Belgian 4
Barbadoes 1 ......
Boulogne and Amiens... 10 ...... 12%N.. ...
Bordeaux & Mediterran. 2 - •••••• ........
Bordeaux,Toulouse, and

Cette (Mackenzie's)... 2 .. ... 2
Do. (Espelete's)
Calais, Dunkrk, andW est
Flanders
Calcutta and Diamond
Harbour .... 7B.
Callao, Lima, and Pacific
Coast 1 .. ... ... .. .........
Central of Spain ...
Ceylon
Demerara 214 .. . ... _
Dendre Valley
I Dijon and Mulhouse ... 2 ......
Dutch Rhenish
East Indian ... ..... .... ss.
Eastern Belgian Junctn. 2%
Fampoux & Hazebroak 4
Great North. of Franca
Constituted
liS
Great Indian I'eninsular ss.
Great Paris sad Lyons 2
Great Western Bengal... 55...... % 1%... 1
Great Western Canada... VA ......
Italian and Austrian 3
Jamaica S.Mid.Junction 1
Jamaica North Midland 1
Do. Extension 1
Jersey
Louvain and Jemeppe... 4 ... .
Lyons and Avignon
Luxembourg...
Madrid and Valentia.... 2 ... ..
Mauritius ..
Namur and Liege
1 North Jamaica... ...... ... 1 -
1 Orleans and Vierzon .... 10 ...... 1734 1734
Orleans and Bordeaux... 6 ...... 115'
Over Yssel
Paris &Lyons(Laflitte's) 2
Paris and Lyons (Gan-
neron's) a
Paris &Lyons, (Calon's) 2 ......
Paris &Lyons (Sud Est) 2
Paris and Orleans 2O ......
Paris and Rouen .. 20 -
Paris and Strasbourg
(Ganueron's) ......... 2 •.....
Do. (Compe de L'Est) 2
Do (Aymard's) ...... 214 — ••• ••• ••• ......
Paris and St. Quentin ... 2
Rotten and Havre .....: 18
Royal North of Spain ... 2
Sambre and Meuse 6 .... 6 536. ........... 5%
Strasbourg and Bale
St. Laurence & Atlantic
Tournay, Jurbise, Lan-
den, and Hasselt....... 4 ...... _
Tours and Nantes (Mac- .
kenzies) .•
Do. do. (Lefebvre's' 2
Ditto (O'Neill's)
-
Trinidad
Verona and Ancona.... 2
West Flanders
•••• •••

MINES.
Real del Monte Unregd.
JOINT STOCK BANKS.
Australasia - 40 27

DIRECT SHEFFIELD AND MACCLESFITILD RAILWAY.
-It appears that from some inadvertence a repetition of the
mistake made originally in the Times, and: copied by us,
was inserted in our Afternoon Edition. We have reason to
feel convinced that the standing orders have been hitherto
strictly complied with, and that this is one of the bond fide
schemes which will go, to Parliesnent.

LAW INTELLIGENCE.
COURT OF EXCHEQUER, Jan. 22.
(Middlesex Sittings at Nisi Prins, before Mr. Baron ALDER.

SON and a Conmrnn Jury.)
LIABILITY or PROVISIONAL COMMITYEEJ4IN.-BARNETT P.

BURDETT.
Mr. Jervis (with whom was Mr. Atherton) conducted the
case for the tplaintiff, and Mr. Martin appeared for the de-
fendant.

The action was brought to recover the sum of 1721. 10s. 6d.
for stationery, printing, and other articles supplied to the
Irish West Coast Railway Company, and of which the de-
fendant was one of the provisional committee, and after-
wards one of the committee of management.
The defendant pleaded that he did not promise.
Mr. Jirtvis said the plaintiff was a stationer and printer,
carrying on business in the City. The defendant was William
Jones Burdett, a gentleman of considerable property and
standing iu the world. The action was brought to recover
payment for stationery and printing which the plaintiff
lied supplied to a very distinguished, as he supposed he
must call it, Company, on the committee of which
were many distinguished characters. The Company was
called " The Irish West Coast Railway." Among the
articles supplied was all the scrip. The defendant
"as one, of that: class of men who were I popularly
known as provisional committeemen of the company, and
it would be found that he had given a consent to act on the
committee, and had signed a paper to that effect, and which
would be put in evidence. It would also be oved that he had been a constant attendant at the office, and had been
actively engaged in the management of the affairs of the
company. It happened that the company fell into arrear
of rent to the extent of 151., and the result was
that the landlord was compelled to distrain • the entire
property of the company WAS seized—books, pens,
ink, paper, and the other articles which had been furnished
by the plaintiff. No doubt there were other claims upon the
defendant as one of the committee, but with that the jury
had nothing to do. He should prove his case against
the committeeman, aid he felt sure that the verdict
of the jury would teech the defendant he had been
guilty of an act of folly in embarking in so troublesome a
concern as a provisional committeeship. The Learned
Counsel then called William Campbell, Esq., one of the pro-
jectors of the undertaking, who proved that the defendant
had been put on the committee at his own request, and had
taken a considerable share in the proceedings of the com-
pany. After which a copy of the company's registrn was
put in and read, from which it appeared that the defeydant's
name was attached to that decument. It was dated 16th
October, 1845.

Cross-examined by Mr. JERVIS—The defendant was aware
of these liabilities when he joined the company. The de-
fendant, in common with the other committeemen, was to
be paid two or three guineas for every attendance.
Mr. A. Thompson, the solicitor to the plaintiff; then proved
that he had applied to the defendant on the 6th of December,
1845, for the payment of this account, and that he had re-
ceived the subjoined reply from that gentleman :
" Monday.
" Mr. Burdett begs to inform Mr. Thompson that he has
no connexion whatever with the Irish West Coast Railway.
He has forwarded Mr. Thompson's oplication to the soli-
citor of the Company, as he knows iSthing at all about it."
Mr. MARTIN, on behalf of the defendant, said that what
he had stated in the note just read was perfectly true; he
knew nothing either of this claim or of the plaintiff, but
whether that gentleman was responsible in the character of
a member of a provisional committee was altogether another
question. There could be no doubt but that the late panic
had put an end to the hopes of this Company, which other-
wise, as the plaintiff had been led to believe, would have
been a most prosperous concern. This one fact was manifest
—the defendant had not become connected with the Com-
pany till the 10th of October, or the 16th, and under any
circumstances he could not be held as liable for any debts
prior to that date. But. the truth was, that Campbell, who
had ordered all the articles, ought to have been sued. In the
present case, however, that individual presented himself,
not as the defendant, but as the witness against one of his
fellow directors, for the purpose of releasing himself from the
sole liability. This nevertheless was the common course in
matters of projected speculation—a person set up a concern
for his own emolument, and then, if he did not succeed, he
came forward as a witness against a member of the com-
mittee, with the hope of throwing all the responsibility
upon that party. He was not, however, before the jury to
demand a verdict in favour of the defendant, for in accord-
ance with the ordinary principle of law, his client was un-
doubtedly liable to this claim. Nor was he there to argue
that, because the Company had failed, therefore that the
plaintiff had not a right of action against the provisional
committee. He was, oft the: contrary', bound to say, that
upon the evidence it did rot appear to him that Mr. Burdett
could set up any defence to this claim.
Mr. Baron ALDERSON observed, that no possible doubt
could exist as to the liability of the defendant. He became
responsible from the day he consented to act on the provi-
sional committee, and that was on the 16th of October. The
defendant was liable to all the contracts from that day, which
had been entered into for the purposes of the Company, while
the party who made those contracts for the Company was in
the position of the agent of the committee. For any debts
incurred before the 16th of October the defendant could not
be held liable.

The jury thereupon at once gave a verdict for the plaintiff
—Damages 119/. lOs.
Mr. Baron ALDERSON said it was of n• use to read a lesson
to some parties, for they would, notwithstanding, place their
heads through a halter. The present action, however, might
do some good, for it would show them of what folly they had
been guilty.

(Sittings in Banco.)
DOE DEM RUSSEL V. LAMBETH.

This was an action in ejectment, brought by the Cor-
poration of London to recover possession of certain land
and premises at Hampstead, occupied by a company,
called the Hampstead Water Company. The corpora-
tion had leased the land to the company some years ago,
and the latter not having complied with the terms of
the lease it was at an end. The defendant was the sur-
viving trustee of the company.
Mr. ASHLEY applied for leave to enter up jugdment
against the casual ejector, the defendant having allowed
interlocutory judgment to pass by default.
The LORD CHIVE, BARON—Take a rule to show cause.

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