The Sun.
London, England, 1848-09-28 00:00:00

Wbition

NEWMARKET RACES.
(THIS DAY.)
(BY ELECTRIC TELEGRAPH.)

The Rutland Stakes.

Nina

Ploughboy

Sweepstakes of 10 sous. each.

Blackcock

Elimea

Match—Strongbow beat St. Ann.
TRIENNIAL STAKES.

Ta imor

Wgloqnd Fl'ig...

Elth;ron... ... ... ... ••• •••
Eighteen ran. Won by a length.

... 1
... 2

... 1

.. . 0

... 1

~, 2

... 3

BANK OF ENGLAND.
The adjourned general Court of the Proprietors of
Bank Stack was held yesterday, at the Bank of England,
for the purpose of deter mining by ballot whether the
drridend tor the last halt-year should be as proposed by
the Court of Director.., 3} per cent., or whether it should
he 3} per cent. 1% ith a bonus of 1 per cent-, as proposed
by Mr. Fielder.
The ballot commenced at 11 o'clock and concluded
at four. The scrutineers were Messrs. Sutton, Greville,
Pyne, and Cazenore.
The ballot glasses were closed precisely at four o'clock,
and at a quarter past four the scrutineers announced the
result of the ballot to b.l as follows :
For the directors' proposition of 3} per cent. ... 138
For Mr. Fielder's proposition of .q per cent. ... 123

Majority in favour of the directors' proposition of
15
3i per cent. ...
The GovEnNog stated the dividend warrants would
be issued on the 11th of October.
The Court then adjourned.

MADRID and VALENTIA RAILWAY
A meeting of shareholders in this company was held
yesterday afternoon, at the King's Anna, Poultry, for the
purpose of illiciting their feelings upon the affairs of the
undertaking, with the view of getting back their deposits.
Daniel Whittle Harvey, Esq., occupied the chair, and
after having delivered a long speech in reference to the
position in which the shareholders now stood, recom-
mended them to continue the proceedings already com-
menced in Chancery, as the only means of getting re-
turned the funds in the bands of the directors.
M. SPACKMAN, who was allowed to speak after much
opposition, said he represented a shareholder who held
500 shares, and was prepared with a resolution, which,
if carried, would put an end to all their difficulties, and
which, he was authorised to state, would be acceded to
by the directors. It was to the effect that
a committee of three shareholders should be appointed
to confer with the directors with the view to a settle•
went, and that it be an instruction to them to ascertain
the amount of funds in hand, and to make arranpmente
to enable the shareholders to dispose of their Mimi at
their actual value.
Mr. \VInE, the solicitor acting on the part of the share-
iolders, accused Mr. iSpackman of having a pers. ,nal
motive in prop.,sing the resolution, which he i•lid would
:also the effect ot
him to put ehls.- the sb.ris at
a discount, and by 11 Ir..
-t" a position to noike battcr
terms with the directors, o: nuking twinethimg like ss. a

, After &Arm
share. .,thseussiou, Mr. Spackwan's motion WUS
dropped, 1,,, Laving been seconded ; and it was unani-
mously resclved that the cotnmittec of shareholders
houlet be authorised to adopt such measures in law or
Equity es may be IR cesary to protect the interests of the
shareholders, on the understanding that the expenses do
not exceed the amount already subscribed for the pur-
pose.
It was understood, however, that any reasonable pro-
position of the directors would be entertained, and, if
possible, agreed to by the shareholders.
A vote of thanks was then passed to the Chairman
and tv the cominitteis; and the meeting sepaxoo,