The Sun.
London, England, 1856-08-22 00:00:00

TRE SUN, LONDON, PRIDA Y EVENING AUGUST 22 185 g.

stead proved the note was a forgery, and his lordship
aid there could be no doubt the note was from the plate
produced in the last case.
The prisoner, in defence, said he was discharged from
she Foreign Legion at Plymouth, and afterwards went
to Liverpool, where he gave a black man change for the
note in question, believing it to be a good one.
The prisoner communicated with the Court by means
If an interpreter, because he said he could not speak
English, but the prosecutor said he spoke English very
well when he called at his shop and tendered the note in
payment for the boots.
The jury found the prisoner guilty.
His lordship, in sentencing the prisoner, said he had
seen a correspondence between the manufacturer of
these notes and the seller, and it was there stated that
the parties who became possessed :of them should pass
the forged notes to country butchers, probably from the
supposition that as country butchers paid farmers in
notes, and that as they would speedily change hands,
detection of the original issuer would be impassible.
He cautioned country butchers how they took notes.
de sentenced the prisoner to 12 months' imprisonment
with hard labour.
John Laho, who pleaded guilty yesterday to a charge
f uttering a forged dividend warrant on the S 'nth-
Eastern Railway Company, was sentenced to three
uonthe imprisonment with hard labour.
Tonquin xSavilla, who pleaded guilty yesterday to a
charge of forging Peruvian Bonds, was sentenced to 14
years' trarsportaticin.
AS'lhnilael'3, found guilty yesterday of uttering
a forged 51, Bank of England note, was sentenced to four
years' penal servitude.
Trilliain Seaman, who pleaded guilty to a similar
offence, embracing four distinct charges, was sentenced
to six years' penal servitude.

and metal bolts were deposited in a room and marked,
and the prisoner entered the place and carried them

4s. 3d. has been expended to secure this desirable result.,
which is evidence that these reparations and improvements
have been proceeded in with groat vigour.
The locomotive expenditure, after deducting the amount
charged to the lessees of the Tilbury line, &e., is less by
7421. 13s. 2d. than the corresponding half-year. The train
mileage being also reduced 35,70 miles, decreasing the ex-
penditure under this head from 11'1533d. to 11'0713d.,
whilst the earnings per train mile have increased from
60.50 to 64.75.
Tho expenditure upon capital account for new works,
new lines, additional stock, &c., as shown in pages 14 and
15, amounts to 91,7301. lls. 7d.
The additional locomotive plant under construction, and
ordered, but not delivered, will require a further outlay
of 10,7001.
The directors, in consequence of the illness of their en-
gineer, as previously noticed, are unable to state the
amount that will be required to complete the works ordere
I under the authority of the joint committee of the three

av;Ty.

Tile prisoner, on being asked if he hzd any account
to give of the prJperty, made n• answa ; and, on the
question being ropcatad, said, " I have no account to

give."
Mr. Salle asked the value of the copper and metal
bolts, and Ayliffe replied Bs.

The father of the prisoner said his son was a very
dutiful youth, and always behaved well to him.
Mr. Selfe—He may be a dutiful son, but very dis-
honest. He has been discharged from Mr. Gray's ser-
vice for dishonesty, and he is now caught taking away
valuable property from the shipbuilding. yard. I sen-
tence the prisoner to two months' imprisonment and
hard labour, for the unlawful pos,les,iou of the bolts.

RAILWAY INTELLIGENCE.

companies.
Doubts having been expressed as to the borrowing powers
of the cempany, your directors considered it of paramount
importance that the actual extent of these powers should
be accurately defined, as in consequence of the complicated
dealings with the different stocks of the company under its
various acts of Parliament, it was im oossible to state satis-
factorily under what act of Parliament the company we:o
exercising borrow iaz powers.
Your directors have the pleasure to report that all doubts
as to the constitution of the different stocks which form
the capital of the company are now set at rest, and the
borrowing powers have been definitively fixed during the
last session of Parliament at the sure of 3,195,2101.
The powers already exercised amount to the sum of
2,723,953/. 165., which includes the liabilities of the New-
market Railway of 116,666/. under the agreement with
that company, as well as the temporary advance to the
Eastern Union Company of 200,0001.
The bill in question was the only one promoted by this
company, and contains powers for converting the mortgage
debt into a debenture stock, bearing interest not exceeding
per cent. per annum, and your directors conceive that it
may bo of advantage to the company that these powers
should be exercised, but before doing so it will be neces-
sary to convene a special meeting of the proprietors for
that purpose.
Your directors were called upon to oppose the two bills
brought into Parliament under the auspices of the East
Suffolk Company for a line from Beccles to Lowestoft, and
for another line from Haddiscoe to Yarmouth ; they regret
to state that their opposition was unavailing, and those
two lines have in consequence received the sanction of the
Legislature.
A bill was also introduced into Parliament for making a
line from Tottenham to Hornsey, where it was to join the
Great Northern. As its j tmciion with your line was most
objectionable, your directors opposed this bill, which was
rejected by the committee of the House of Commons.
The line branching from near the Stratford station to
Loughton has been examined by the Government Inspec-
tor, and will be opened for traffic on the 22d inst. It is
intended to work the trains in connection with this branch
mainly to and from the Fenchurch-street station.
By the London, Tilbury, and Southend Acts the East
ern Counties Company, and the London and Blackwall
Railway Company are each to appoint an auditor to audit
the accounts of that undertaking, and it is necessary that,
in accordance with the above provision, the proprietors
should appoint en auditor on the part of this company.
The reports of the engineer of permanent way, the loco-
motive superintendent, and storekeeper are appended, and
also the report of Mr. Berkley, C.E., upon the state of the
rolling stock.
Since the last half-yearly meeting, Mr. Robertson, late
manager of the Edinburgh, Perth, and Dundee Railway,
has been appointed superintendent of the line in conse-
quence of the resignation of Messrs. Capper and Church,
and Mr. Sinclair the manager and locomotive superintend-
ent of the Caledonian Railway has been appointed your
locomotive manager in place of Mr. Gooch, whose term of
office has expired.
Since the last meeting of the proprietors, T. J. Mar
;rave, Esq., one of your directors, has resigned his seat at
the board, and the follociing gentlemen have intimated
their intention of offering themselves to fill the vacant seat:
The Hon. Frederick Byron, Longford Grove, Malden,
Essex ; William Harris, Esq., 20, Bloomsbury-square,
London ; Joseph Robert Morrison, Esq., Theobalds,
Flees ; Ralph Walters, Esq— 3, Sussex-gardens, Hyde-
park ; William Malins, Esq., 60, Montague-square.

SOUTELEASTELIN.

The directors of this company havo resolved to recom-
mend the proprietors, at the ensuing half-yearly mootirg,
to order payment of Os. 6d. on each 301. stock, which, with
the dividoud of 13s. 3 1. p.dkl last hall-year, is at the rate
of :31. 15s. 100. per cant. per annum.

LANCASTER AND CARLISLE.
directors have decided 1,3 recoihl.l.:!nd a tlivll.:nd for
the last half.year at the rate of per cent. per annum.

MIDLAND.
The half•yearly riveting of this company w. 4; held at the
station, Derby, on Wednesday. Mr. J. Ellis presided.
The report and a summary of the statement of accounts
have already appeared.
The CHAIRMAN, in opening the business, stated that
there had been a considerable increase io the conveyance of
merchandise, and also of miner:ls. Although the coal
trade had not been so mach depe?,sed for many years, yet
the increase had amounted to not less than 11,000/. They
would see by a reference to the statement with which they

were furnished 6,000/. charged to capital for law expenses.
That was expended in the cost of conveyances, and such
other law proceedings as were justly chargeable to capital ;
but not one farthing had been charged to capital for law

proceedings, in self-defence or otherwise, in connection
with the affairs of the company. These had been paid, in-
variably, out of revenue. The bills of their solicitors in all
parts of the country through which their railway runs had,
with oue or two exceptions, been settled up to June, 183-,
and. the whole of them had been called for, with a view to
their settlement. With regard to the expenses of the per-

manent way, he observed that the 3,3001. charged in last
year's statement was to be attributed to the cost of bridgep,
ke., and not expended upon the repairs or relaying of the
line itself. 110 was able to state to theta that during the
current half-year there was no chance of an increase in the
expense of the permanent way, but rather a decrease ;
but if at the end of the year they found that further out-
lay was necessary, the directors would ask the proprietors
to add 10,000'. to the permanent way fund from the rolling
stock fund, which at that period the latter would be able,
to afford. The permanent way was never in a better
state than since they had adopted the fish joints. The
extra cost of the locomotive branch had been caused by
putting spring buffers to the engines, and by rebuilding
a number of old and small engines, and rendering thorn
large and powerful ones. They had no right to complain
of the expense of the locomotive department. As to the
Ripley branch, the directors had had some contention with
the Board of Trade with respect to signals—signals which
they thought unnecessary. Each party had, however,
given way a little ; a compromise had been effected, and
the line would ❑ow be opened for passenger traffic. They
thought it right not to give way to the Board of Trade in
all matters which the Board might demand or suggest.

They were of opinion, indeed, that they knew what wa
right as well as the Board of Trade. (Hear, hear.) He
(the chairman) believed it was a great mistake to multiply
signals. Let anybody look at Rugby and in at Derby by
night, and they would at once see that the multiplicity
of red and green lights was confusing, and that it
was impossible for any man, except he was one of great
experience, to work a train with safety into either of
those stations. They would recollect that at their last
meeting he stated that they should obtain a bill for the
raising of additional capital. That bill, though opposed
in the Lords, was obtained, and they ware now in a situa-
tion to avail themselves of its provisions. They proposed,
therefore, to ask the proprietors at the present meeting to
grant them powers to raise 200,0001. Those gentlemen
who would look into the affairs of the company, and
its great extension of traffic, would at once see that
they must have more capital. They were not aware a
fortnight ago that they should so immediately want the
money. They, however, now required it, and they asked
powers to borrow until they could raise stock upon more
favourable terms than they could at present. The chair-
man referred next to certain details of extra expenditure
during the last half-year, which amounted, he stated, to
25,0001. This was not au undue increase, seeing the large
increase of traffic. With respect to the future, he
begged to say that they had no prospect of a bill during the
next session. He had certainly stated that he would men-
tion the project for the formation of a new lice in the
neighbourhood of Matlock to the directors of the London
and North-Western Company, of which he was one, bat he
lad not pledged himself. After declaring that he was
averse to expenditure for the formation of new lines, he
concluded by moving the adoption of the report.
After some observations the report was unanimously
adopted, and a dividend at the rate of 4 per cent. per an•
num, as recommended in the report, was directed to be
paid on the Ist Sept. •
Mr. HOWARD, proposed a resolution to the effect, "That
it was proper and expedient that all travelling on their
line of railway on the Lord's-day should be avoided except
in cases of necessity and mercy, and that the directors be
instructed to conduct the traffic on that principle."
Mr. BOURNE moat cordially seconded the motion, and
urged that none except mail trains ought to be suffered to
travel on the Lord's Day.
The CHAIRMAN observed they were bound by act of
Parliament to run on Sundays on the Bristol and Bir•
mingham line. They never ran excursion trains on the
Sundays. He Gould not however, argue with Mr. Howard.
Railways were now almost tiae only means of travelling,
and if it was forbidden on a Sunday he believed there
would be infinitely more Sabbath breaking than at the
present time.
The motion being put to the meeting, only six or seven
hands were held up.in its favour, and it was consequently
lost.
The meeting then granted the directors poi er to borrow
200,00 W., and the usual audit committee being appointed
(consisting of the same members as last year), the meeting
broke up.