The Sun.
London, England, 1848-01-11 00:00:00

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once Company. The agreement for the lease, which
wai contained in a letter from Mr. Reiley, the secre-
tary to the company, to the plaintiff, %las to the effect
that the company should remain in possession of part
of the ground and the whole of the second floor, in
which at a rent of 3001., they had been in occupation
since 1842, with the addition of the third floor, at a
reduc rent of 950 guineas. Besides this there
was a stipulation that ile upper part of the house
should not he let by the plaintiff to any persons
which shoull be inconvenirnt to the company
Some negotiation took place between the parties,
which lasted for some months. The question
in the case appeared to his Honour to be whether
the plaintiff ever accepted of the terms contained in
the letter of Mr. Reiley, and if he did, whether that
agreement, in consequence of what had taken place
afterwards, was abandomd by him. His Honour
was clearly of opinion that the original agreement
had nob been abandoned, and the result was that
there must be a (keret for a specific performance,
at,. the defendants must pay the costs of the plaintiff
up to the hearing.
The Court then proceeded to hear motions.

QUEEN'S BENCH.—(THIS DAY.)
(Sittings in Banco.)
This being the first day of Hilary Term, Lord
Denman, accompanied by Mr. Justice Patteson, Mr.
Justicv Coleridge and Mr. Justice Wightman, took
their seats upoa the bench shortly after ten o'clock.

lIOARB 77. SILVERLOCK.
This was an action of libel, tried ut the December
sittings before Mr. Justice Coleridge, when a verdict
Was returned for the plaintiff, dainuges 405.
Mr. Sergeant TALFoURD now moved in arrest ( f
Judgment. The declaration, he said, contained five
counts, upon five several libels, alleged to have been
publ6hed in a certain newspaper called the Nautical
btandurd.

The first two counts in the declaration were out of the
ca.se, inasmuch as the defendant was not the proprie-
tor of the paper at the time the libels to which they
related were publi-hed, and accordingly the verdict
Was returned generally upon the three other counts.
Now, he contended that thee other counts contained
neither directly, nor by inuendo, any libel nt all, and
he was therefore entitled to ask the Court to grant a
rule to show cause why the judgment should not be
lineatel

The Loan CEIEF JUSTICE—We think you ought
to have a rule.
Rule nisi accordingly.

EXCHEQUER.—(THIS DAY.)
(Sittings in banco.)
Mrs. Cobbett applied to the Court for a writ of
habeas corpus directing the keeper of the Queen's
Bench prison to bring up the body of Mr. William
Cobbett, her husband, to this court in order that he
might be discharged forthwith, on the ground that he
was improperly confined in No. 1 department of the
said prison, being that in which criminals were con-
fined, instead of No. 3 department, in which she con-
tended her husband ought to be confined.
The COURT had no objection to grant the writ, but
expressed their opinion that the effect of the writ
would be to transfer the prisoner to the proper de-
partment, if he were improperly confined, and not to
entitle him to his discharge.
The applicant left the court with the writ in her
possession.

The COURT, having disposed of the motions, pro-
ceeded with the peremptory paper.
IN TUE MATTER OP JAMES RICHARD THOMPSON.
This case came before the Court upon a rule for a
reference to the master to ascertain what proportion
of the premium paid on certain articles of clerkship
should be refunded.
Mr. Watson appeared in support of the rule ; Mr.
Bovill showed cause against it.
The action was originally brought by the repre•
sentatives of a party deceased, for the purpose of
recovering a certain sum of money paid as a premium
to the defendant as consideration for his instructing
the deceased as an articled clerk, who was bound to
him for a period of five years, but had died within a
month from the period of making the articles of
clerkship.
Mr. BoviLL contended that the defendant was not
liable, on the ground that there was no article in the
agreement stipulating that he should return the
money in the event of his clerk dying before the
expiration of the term, and that the defendant was
ready and willing to perform his part of the contract,
viz., to teach, but the deceased was not able to per-
form his_part of the contract, viz., to learn.
Mr. WATSON, in support of the rule, argued upon
the decision of Lord Tenterden in a similar case to
the present, that the case ought to be decided upon
principles of good conscience,
and not upon the strict
rules of law or equit y.
The COURT took time to consider the terms on
which they would deliver judgment. They considered
it of importance that some general rule should be
laid down upon the subjeet.

COMMON PLEAS.—(THIS DAY.)
The entar JUSTICE, on taking his seat, intimated
that the four remaining appeals from the decisions ( f
lbevising Barristers would be proceeded with by the
Court on Monday next.

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COLONIAL BANK.—(THIS DAY.)
The half-yearly general meeting of the proprietors
was held this day at the London Tavern, for the
purpose of receiving the report of the proceeding:, of
the corporation, and for the election of five directors
and one auditor, in the room of Andrew Colville,
Esq. ; W. Davidson, &q. ; James Fletcher, Esq.;
Alexander St€ wart, Esq.; Henry Bruce, Esq.; and
Samuel Gurney, Esq., auditor; also for the
election
of two directors, in the room of J. A. Mulkey, Esq.,
and John Irving, Esq , who had resigned. .
The chair was taken at one o'clock, by A. Colville,
lho notice convening the meeting having been
read,
The Secretary then proceeded to read the report
from which it appeared that the great depreciation in
the prices of sugar, one of the principal productions
of the company, amounting to at least 50 per cent.,
combined with the numerous failures which had re-
cently taken place, had led to considerable losses to the
corporation, and the directors having carefully con-
sidered the whole question, had come to the conclusion
not to recommend the payment of any dividend for the
past six months, and they proposed that the sum of
22,236/. 20. 10,1., the profits made during that pe-
riod, should be carried to the profit and loss account
of the corporation. The report concluded by calling
upon the proprietors to adopt some measures fur
urging upon the Government to alter the measure
which had been lately passed for admitting slave-
grown sugar, as if that measure were not altered or
repealed, the Bank would be compelled most mate-
rially to restrict its operations, and cause thereby a
terious diminution in the profits of the company.
the An Hort. PROPRIRTOR wished to know what was
amount of the capital of the coman which
was already lost. p y
The CHAIRMAN said that by writing off the
dividends the corporation had reduced its amount of
losses to about 7,0001.
An HON. PROPRIETOR wished to know what was
the amount cf dishonoured bills or bills in abey-
ance ?

The CHAIRMAN stated that those bills which hrd
been returned were not to be considered as totally
lost, and he thought that by stating the actual amount
of bills in abeyance would only tend to mislead the
proprietary.
T. llANster, Esq., wished to know whether the
directors were in a position to carry on the business
of the bank without calling up any additional
capital
The CiLitaultv said that the amount of bills in
abeyance, even if it were lost, would not have the
effect of crippling in the least the operations of the
Government. As to making any future calls, the
directors had not the slightest intention of so doing.
T. IlAsixev, Esq., thought the answer quite satis-
factory, and thet the best course would be to allow
the directors to continue to act with their own discre-
tion, and resume the payment of dividends at suet: time as they might think proper.
An HON. PROPRIETOR thought that if the future
success of the bank depeaded upon the repeal of the
Sugar Duties Bill, it would be better so to contract
it operations as to afford an opportunity of gradually
winding up the concern.
The CHAIRMAN thought that at present it would
be premature to discuss the propriety of the future
Proceedings of the bank. The suspension of specie
by the West India Bank would, he had no doubt,
iltitnately lead to the benefit of this establishment,
as should not that concern be able to resume payment,
!his Corporation might then supply the vacancy caused
oy that concern.
The report was then unanimously agreed to.
The
following gentlem( n were re-elected directors
E, companytheh
:—A. Colville, Esq., W. Davidson,
James Fletcher, Esq., Alexander Stewart, Esq.,
and
Henry Bruce, a Samuel Emery, Esq., was
re-elected
w•ii. auditor of the company.
ten,
ti 4.1-n Nev
M.P., and Thomas Nagh-
A.
1,, were elected directors, in the room of J.
resignaerld'. Esq.' and John Irving, Esq., who had
c
hThe thanks of the meeting were voted to the
airman, and the meeting broke up.

On Saturday lest --
Messrs. Burnetts, the distillers,
of V,,„ t
--xitail, and
a very excellent supper to the whole
of the clerks and men employed in their establishment,
%Mounting to nearly eight) persons.
PORSOIr.—The people here are almost in a famine
lir the want of coal, v.hile three vessels are lying in
w„r°1534113', coal•laden for the port, but cannot get in for
po-n! °I Water. Copper coin has lately been so scarce in
thr"°, that it is often next to impoisiblo to obtain
Op for a groa.—Aberdeen Herald.

SPORTING INTELLIGENCE.

TAT TERSALL'B.—YESTERDAY.
LIVERPOOL STEEPLECHASE.
15 to 1 agst Pioneer—taken
20 to 1 agst Jerry—taken
50 to 1 agst Dick Thornton—taken
50 to 1 twat Linnet—taken
TWO THOUSAND GUINEAS STARES.
20 to 1 agst Mr. J. Scott's Brockett—taken
CHESTER CUP.
1,000 to 15 agst Mr. Henderson's Lady Hylda—laken
1,000 to 15 agst Mr. J. Das's The Tartar—taken
1,000 to 15 agst Mr. Watts's Chat—taken
DEEM'.
10 to 1 agst Mr. Most, n's Surplice—taken and after-
wards offered
13 to 1 agst Mr. Payee's Glendower—take 14 to 1
20 to 1 agst Mr. B. Green's Assault—taken and after-
wards offered
20 to 1 agst Mr. Bowes's Springy Jack
25 to 1 agst Mr. J. Scott's The Stinger—take 30 to 1
25 to 1 agst Mr. J. Day's Nil Desperundum—taken
33 to 1 gst Mr. Payne's Cervus—taken
35 to 1 agst Col. Peel's Sesostris—taken
40 to 1 agst Mr. Pedle's Besborough—taken to 2501.
40 to 1 apt Mr. Nunn s The Fowler—taken
50 to 1 agst Mr. B. Green's Swiss Boy —taken.to GOl.
50 to 1 agst Mr. 13. Green's Flatcatcher—taken
500 even between Cervus and Springy Jack
Springy Jack was again in high favour, insomuch
that, although extremely liberal odds were laid to small
sums in two or three quarters, we do not believe that
the odds quoted could have been obtained to any amount.
Besborough was also in force, and a few scores were laid
out on Nil Desperandum, Cervus, and Swiss Boy. In
other respects the betting was unimportant.
EXTRAORDINARY MATCH.
Mr. Nunn, a gentleman well known on the turf, having
undertaken, for a large wager, to ride a steeplechase
mare from Leamington to Long's Hotel, Bond-street
(nearly 10(i miles), started at twelve o'clock on Sunday
night, and reached his destination about a quarter before
twelve o'clock yesterday morning, winning by a quarter
of an hour. The rider, we believe, is vary little worse
for the journey, but his gallant, ill-used mare, is not ex-
pected to survive many hours.
HUNTING APPOINTMENTS.
The Dulverton harrs., Fri., Urinstord Hill-10.
Mr. S. Lowndes's hds , Wed., Shenley-11.
Lurd Lonsdale's harrs., Sat., Kennels.
Mr. A. Smith's hds., Wed., Wherwell Wood; Thurs.,
Ilurstbourne Tarrant; Fri., South Grove; Sat., Win-
terslow-11.
The Duke of Beaufort's hds., Wed., Cirencester Wood;
Thurs., Cross Hands; Sat , Flullavington.
The Durham County hds., Wed., Lumley; Fri.,
Essington-10f.
The Baby lids., Wed., Baby Kennels; Fri., Ham-
sterleys-10i.
The Hurworth hds., Sat., Hilton-10i.
Lord Parker's hds., Fri., Harpden.
Mr. Fane's harrs., Sat., Watlington.
The Old Berkshire hds., Wed., Wittenham Wood;
Fri., Step Farm.
The V. W. 11., Thurs., Elm Green; Sat., Charlton Gate.
The Marham harrs., Wed., Wereham Hall; Fri., Mid-
dleton-11.
The Hopton harrs., Thurs., Repps-11.
Lord Elcho's hds., Wed., Haggerston; Fri., Twisel
House; Sat., Lilburn-10i,
Mr. Watson's hds., Wed., Nemriding; Fri., Nether-
wi tton-10i.
Mr. Roe's hds., Wed., Motbcombe; Sat., Babland Gate.
Lord Southampton's hchs,ffed., Tiffield Toll-gate;
Fri., Foxley; Sat., Braysfield-11.
The United Pack, Thurs, Longville Hill.
The Vine hds., Wed., Whitchurch Lodge; Sat., the
Vine-9.