The Sun.
London, England, 1856-08-16 00:00:00

PUBLICATIONS.

T.t. KAHN'S ANATOMICAL MUSEUM,
4, Coventry-street, Leicester-square.—Open (for Gentlemen
"'01Y) from 10 till 10, containing upwards of one thousand models
ad preparations, illustrating every part of the human frame in
calf/ i and disease, the race of men, &c. Lectures delivered at 12,
id half-past 7, by Dr. G. SEXTON, F.R.G.S. ; and anew and
ly-interesting series of Lectures is now in course of delivery
'Y Dr. K ALIN, at 4 p.m. precisely. Admission, One -billing.

LAST WEEK BUT ONE IN LONDON.
Vr. R. W. S. WOODIN'S OLIO of ODDITIES.
• 7 TO-NIGHT and every evening, at 8. —The above entertain-
ment has received novel additions, Vocal and Visual, including a New
Loco-Joko-Motive Lyric, entitled OFF BY THE TRAIN, illustrated
;by numerous changes, facial, lingual, and cor,oreal. Mr. W. S. Woodin
s Mrs. Florence, in the " Yankee Girl," with the swigs of "Bobbing
:around," and " Polly, won't you try me, oh !"—Polygraphic-hall.
Kint William-street, 'haring-cross.

ROYAL SURREY GARDENS.-JULLIEN'S
CONCERTS —Madame Rudersdorff.—Programme for THIS
-EVENING (Saturday) : —Overture, Zampa, Herold; Quadrille, The
Horton Quadri'le, Jullien; Symphony, Andante con moti, from the
Italian Symphony, Mendetssolin (as performed on the Mentletssohn
nieht) ; Scotch song, John Anderson my Jo, Miss Kate Ranoe ;
Valse, from Lucrezia Borgia, Jullien ; Aria, Robert, tol qua j'aime,
Meyerbeer, Madame Rudersdorff; Polka. The Pelissier, D'Albert ;
Duo, French horns, Kalliwoda, Herrn Stoeckel; Quadrille, &naves,
Jullien. Part PI. Selection, D. Trovatere; Verdi ; Aria, Prendi per
me, De Berlot, Madame Rudersdorff; Polonaise de Reception,
Jullien (composed for and performed at the Court balls at Bucking.
ham Palace); Fantasia, ophiclelde, from La I'rophete, Meyerbeer,
Signor Co'a Sant! ; Varsovierine, The Warsaw, Jullien. A dmission Is.

ROYAL SURREY GARDENS.-JULLIEN'S
CONCERTS EVERY EVENING —GRAND MORNING
CO NICER on cATERDAY, August 23. —lt having been represented
to the Directors that a large number of influential families resident
within railway distance are unable to avail themselves of the attrac-
tions of the Gardens, on account of the early departure of the trains,
it Is respectfully announced that a GRAND MORNING CONCERT
will take place on SATURDAY, August 23, in which all the most
successful pieces performed since the commencement of M. Jullien's
Concerts will be ,ntroduced. Concert at 2 o'clock. Admission, Is.
Private loxes, to admitsix persons, 1/. Is., to be had at the Gardens,
and at Jullien and Co.'s, 214, Regent.street.

CANTERBURY lIALL Westminster-road.
—OPEN I VERY EVENING- The celebrated HUNGA-
RIAN BAND, under the direction of Herr KALOZDY, will rierform
.very Evening at 9 and 11 o'clock,
in addition to the usual Vocal
Entertainment The following company of talented Vocalists are
nermanently engaged for 'he performance of Selections fro:n all the
Popular Operas, Madrigals, Choruses, Duets, &c., viz. :—Mis.
Caulfield, Miss Brunel, Miss Sommers, and miss Pearse ; Sam Cowell,
Mr. J. Caulfield, Herr F. Jonglnnans S. Jones, T. Farrant, W.
Yelling, Barker, Russell Grover, and P. Corrie ; Masters E. Con-
nell, Austin, and Bennett , and Mr. T. Mackney. Pianoforte, Mr.
J. Harroway, R.A.. harmonium, J. Caulfield, jun. ; director, Mr.
J. Caulfield. Commence at seven o'clock precisely. Suppers, &c ,
until twelve o'clock.

SCHWEPP'S MALVERN SELTZER
WATER.—Having leased the Holy Well Spring at Malvern,
-enowned for its purity, J. S. and Co. can now produce a SELTZER
WATER with all the Chemical and Medicinal Properties which have
rendered the Nassau Spring so celebrated. They continue manufac-
uring SODA, %fAGN'ESIA, ant POTASS WATERS and LE DION-
A DE, at London, Liverpool, Bristol, and Derby.
Every Bottle is protected by a Red Label bearing their signatures.

.)] 7o MILNERS' HOLDFAST and FIRE-
RESISTING S FES (non-conducting and vapourising)
with all the improvements, under their Quadruple Patents of
1840-51-54 and 155, including their Gunpowder Proof Solid Lock
and Door (without which no S le is secure.
TEM STRONGEST, BEST, AND GUEAPEST SAFEGUARD EXTANT.
MILNERS' PIRENIX (2.2 c) SAFE WORKS, LIVERPOOL, the
most complete an extensive in the world. Show-rooms, 6 and 8,
Lord-street. Liverpool LONDON DEPOT, 47A, MOORGATE-
STREET, City. Circulars tree by post.

CI REY HAIR RESTORED to its OR ‘3ll COLOUR with ease. safety. and certainty, by the PATENT
GALVANIC COMBS and BRUSIIE,, watch are also an unfailing
remedy for nervous headache and all neuralgic affections. illus-
trated pamphlets," Why Hair becomes Grey, and Its Remedy," cratis,
or by post for four stamps. Neuralgia, and all Rheumatic affectl,ns
are perfectly eradicated by the Patent Galvanic Flesh Brushes, the
most safe, imnle, and efficient galvanic Instruments extant: patro
nised by the faculty. Offices: —F. M. HERRING, 32, Basinghal•
street. Agents :—Child. South Gallery, Crystal Palace ; Savory and
Moore ; Atkinson. 24, Old Bond-street ; Godfrey and Collte, Conduit-
street ; Ilendtie, 12, Ticliborne-street ; Twinberrsiy, 2, Edwards
street, Portman-square ; Saunders, 315 n, Winter. 205. and Kennedy,
166, Oxford-street; Ross, 119, Dishopsgate-street ;
Rimmell, Ger-
rard-street, Soho; Worn, 17, Dawson-street, and Birch, I, M01e,,-
worth-street, Dub:in. Sold by all chemists and perfumers of repute.

vR. HOWARD, Surgeon-Dentist, 52, Fleet-
street. has introduced an entirely new description of ARTI-
FICIAL TEETIVIxed without springs, wires, or ligatures. They so
erfectly resemblb the natural teeth as not to be distinguished from
he original by the closest observer; they will never change colour or
decay, and will be found very superior to any teeth ever before used.
This method does not require the extraction of roots, or any painful
.peration, and will support and preserve teeth that are loose, and Is
naranteed to restore articulation and mastication. Decayed teeth
rendered sound and useful in mastication.-52, Fleet-street. At
')me from ten till live.

ARE YOU GOING TO THE HIGHLANDS,
unrivalled for scenery, famous in story and song, to visit
the land of Sir Colin Campbell and the Highland Brigade ? Ifs
mak, a note to call at (when in the Capital of the beautiful North)
MACDOUGALL'S WAREHOUSE, High-street, Inverness. There
only can the varied products of the Highlands, natural and industrial,
be seen. In his extensive rooms MACDOUGALL has gathered together
all the best productions of the Highland looms, in TWEEDS, TAR-
TANS, LINSEYS, PLAIDS, SHAWLS'. DitESSEs, the favourite
HIGHLAND CLOAK, FLORA MACDONALD ditto, &c., &c.,
with the best Native J E WELL ERY. CAIRNGOIt Ms, PE A RLs,B:,e ;
the pretty products of the Skye, Lewes, and Gairloch Looms and
Knitting Needles ; the Home-mode. Undyed PLAIDS of Ord, Slither-
land, and Aroch ; the SNUFF-BOXES, COUPS, BICKERS of the '
Culloden Carvers, &c. Side by side with all this he has placed all
the necessary clothing of every description for Deer Stalking, Grouse
Shooting, and for Tourists, &c. Visitors to his rooms can at once
compare the varied products of the Three Kingdoms.
D. MACDOUGALL, Inverness.

r rourasTs and TRAVELLERS exposod to
the scorching rays of the sun, and heated particles of dust
will flud

ROWLANDS' KALYDOR
1 a most refreshing preparation for the Complexion, dispelling the
cloud of languor and relaxation, allaying all heat and irritability,
and Immediately affording the pleasing sensation attending restored
elasticity and healthful state of the skin.
Freckles, Tan, Spots, Pimples, Fluthes, and Discoloration fly
before its application, and give place to delicate clearness with the
glow of beauty and of bloom. In cases of sunburn or r hugs of
Insects its virtues have long been acknowledged.
Price 4s. 6d. and Bs. 6d. per bottle.
ROWLANDS' MACAS;AR OIL.
A delightfully fragrant and transparent preparation, and, as an
invigorator and purifier, beyond all precedent.
The Prices are 3s. 6d., 75., family bottles (equal to four small), 10s.
6d., and double that size, 21s.

ROWLANDS' ODONTO,
or Pearl Dentifrice, compounded of the rarest and most fragrant
exotics. It bestows on he Teeth a pearl-like whiteness, frees them
from tartar, and imparts to the gums a healthy firmness, and to the
breath a grateful sweetness and purity.
Priee 2s. 9d. per box.
Sold by A. Rowland and Sons, 20, liatton-garden, London, and by
Chemists and Perfumers.

NEW AND IMPORTANT DISCOVERY IN THE SCIENCE

OF MEDICINE.
Patent Office veal of Great Britain. Diplome d'Ecole de Pharmacia
Pharmacien de Paris. Imperial College of Medicine, Vienna.
TRIE•;E MAlt No. 1,2, and 3, prepared in the form of a lozenge
devoid of taste or smell, and can be carried in the waistcoat pocket
old in tin cases, divided into separate doses, as administered by
Valpeau, Lallemand, Roux, Ricord, &c., &c.
TRIESEMAR No. 1 is a Remedy for RE-
LAXATION, PERMATORRHCE A, and all the distressing
consequences arising from early abuse, indiscriminate excesses, or too
ong residence in hot climates. It has restored bodily and sexual
Strength and vigour to thousands of debilitated individuals whu are
now In the enjoyment of health and the Functions of Manhood ; and
whatever may he the cause for DISQUALIFICATIONS for MAR-
RIAGE, they are effectually subdued by this Wonderful Discovery !
TRIESEMAR No. 11.,
effectually, in the short space of thrree days, completely and entirely
eradicates all traces of Gonorrhoea, both in its mild and aggravated
forms (Beets, Strictures, Irritation of the Bladder, Non-retention of
Urine, Pains of the Loins and Kidneys, and those disorders which
Copaivi and Cubebs have so long been thought an antidote for, to the
ruin of the health of a vast portion or the population.
TRIESEMAR No.
is the great Continental Remedy for Syphilis and Secondary Sy-m all
Cutaneous It also constitutes a certain cure for Scurvy, Scrofula, and all
Cutaneous Eruptions, removing and expelling in its course all corrup-
tions and impurities from the vital stream, as altogether to eradicate
the virus of disease, and expel] it with the insensible perspiration
through the medium of the pores of the skin and urine, and is a
never-failing remedy for that class of di orders which unfortunately
the Englidh Physician treats with Mercury, to the inevitable destruc-
tion of the patient's constitution, and which all the sarsaparilla in
the world cannot restore.
Price I Is., or four cases in one for 335„ which saves Ils., and in 57.
cases, whereby there is a saving of IL. 12s. To be had wh, lesale and
retail in London, of Johnson, 68, Cornhill ; Hannay and Co., 63, Ox-
ford-street ; Sanger, 150, Oxford-street ; It. H. Ingham, druggist, 46,
Bolrtok et.street, Manchester; H. Bradbury, bookseller, Dea nsga tr,
n ; J. Priestly, chemist, 51, Lordsstreet, Liverpool ; Powell,
bokseller, 15. westmoreland-street, Dublin; Wnnall, bookseller,
Nig b-street.Birmingha

[ADVERTISEMENT.I—EtoIIoway's Ointment and Pdls
Infallible Cures for Bcrofula.-111r. ~'m• Starleigh, shoe-
maker, of Tadcaster, was deploiably afflicted with
scrofula for very many years. Every variety of medicine
bad been administered in vain ; all hopes of recovery had
entirely failed ; surgeons of the highest eminence had
pronounced his case incurable ; in fact, be had abandoned
every idea of a cure, but was persuaded to snake use of
Holloway's ointment and pills, and the consequent re-
sult was the complete riddance of his complaint in an
inconsiderably short space of time.—Sold by all medicine
vendors throughout the world, at Professor Holloway's
Establishments, 244, Strand, London, and 80, Maiden-
lane, New York ; by A. Stampa, Constantinople ; A.
Guidici, Smyrna ; and E. Muir Malta.

This day is P Üblished, In 3 vole
114 RS. TROLL'JPE'S NEW NOVEL,
"FARTIIONABLr; LIFE ; or, Paris and London,' in 3
vols. To be had at all the libraries.
Hurst and lilackett, I.'ublishers, 13, Great Marlborough-street.

TtrELFTH AND CHEAPER EDITION.
Now ready-, in one volume, with 15 illustrations, 65., bound,
THE CRESCENT AND THE CROSS,
By ELIOT WARBURTON.
mirable book is singularly o
"The reappearance at this moment, in a cheap form, of this ad.
pportune."—John Bull.
Hurst and Blackett, Publishers, successors to Henry Colburn.

LIFE ASSURANCE.
pub d, Bvo., price 2s. 6cl
ABSTRACTS of all the ACCOUNTS Registered
by LIFE ASSURANCE COMPANIES in the United Kinz-
dora, from sth September, 1844, when the Act, 7th and Bth Vict.,
cap 110, was paused, to sth March, 1856 ; being an Analysis of three
Returns made to the House of Commons by the Registrar of Joint-
stcck Companies, in the years 1849, 1852, and 1856.
By ROBERT CFI IfISTIE, Esq.,
Managerof the Scottish Equitable Life Assurance Society, Edinburgh.
Edinburgh: Thomas Constable and Co. London: Hamilton,
Adams, and CO.

Mr. Saunders then read the report and,
The CHAIRMAN moved its adoption and reception.
The Rev. Mr. NICHOLSON remarked upon what he
termed the " wretched state of the goods traffic" upon
the line, and expressed a hope that the traffic from the
north would be materially increased.
Mr. MALINS rose to move, pursuant to a notice whit h
he had given, that the meeting should be adjourned
till Thursday next, at London, to consider the expediency
of laying down a narrow gauge from Reading to Pad-
dington. His reason was that the North-Western
meeting was being held on the same day, and if he
wanted an argument in favour of his motion, it was to
be found in the scant attendance that day, there not be-
ing probably more than 200 shareholders present out of
a proprietary of 7,000 or 8,000. He regretted to find
that the prospects held out by the late chairman (Mr.
Walpole) had not been realized, and, anticipating as he
had done a dividend of 4 per cent., he confessed that he
was much disappointed at the present discouraging state
of affairs; and, after much consideration, he arrived at
the conclusion either that the company paid too small
a dividend now or that they had paid too much on for-
mer occasions. Referring to the question of the gauges,
Mr. Malins contended that as the Great Western sys-
tem comprised a great length of narriew gauge lines—
probably about 184 miles—it was of great importance to
the company to lay down on a portion of the line another
rail, so as to accommodate the narrow gauge traffic.
(Hear, hear.) At the same time, he did not wish by
any means to abandon the broad gauge ; but he thought
that the break of gauge was fatal, and that means should
be taken to accommodate both broad and narrow gauge
traffic. The. broad gauge from the west of England
would not be at all affected by what he proposed ; but at
Reading the traffic from the north would be diverged on
to other lines, unless the other gauge were constructed.
He estimated the expense of completing this work at
100,0001., and he believed that theresult wouldfully verify
his estimates. Seeing the extraordinary amount of money
which had been expended on the Paddington Station, in
order to afford accommodation for an immense amount
of traffic, he contended that it was the duty of the di-
rectors to endeavour to fill that station with traffic.
The expense of constructing that station would be equal
to about one-third per cent. upon the whole consolidated
stock of the company, and every one who knew any-
thing of the traffic of the country was convinced that in
coal and other goods the' breadth of gauge was fatal to
all competition. Advocate as he bad been for the broad
gauge, be could not conceal from himself that if they
laid down the narrow gauge between Reading and Lon-
don they would never lay down the broad gauge from
Wolverhampton to Liverpool, because he believed te at
Wolverhampton was their limit in that direction. Tile
Worcester and Hereford line would give them a great
traffic from Wales if they constructed the narrow gauge,
and every one going -from Worcestershire would prefer
to travel by the Great Western instead of the North•
Western were it not for the break of gauge at Reading.
It was cut of no disrespect to the city of Bristol that he
proposed the adjournment of the meeting to London ;
but the question of the gauge was one of such param met
importance that he thought it deserved the consideration
of a special meeting. He quite believed that the agita-
tion of this question must be disagreeable to those who
had always adhered to the broad gauge system ; ho was
quite aware of the intensity of the feeling upon this sub-
ject; but the arguments in favour of the addition of the
narrow gauge between Reading and London appeared
to him to be so unanswerable, that he trusted they
would recommend themselves to the best attention of
the directors. He trusted that the chairman would at
once consent to the adjournment of the meeting, be.
cause, if he did not, he (Mr. Maims) would have no dif-
ficulty in getting up a requisition for a special meeting
on the subject. He believed that, by the adoption of
proper measures, the Great Western might become a 6
per cent, paying line,
Mr. BROIVN said there wee now a glimpse of pros-
perity before the company, and be thought they would
be very wrong if in their impatience they were to disturb
arrangements which had been years in perfecting. He
suggested that the resolution should be so modified as
to invite the directors to take the question of the gauges
into their most mature consideration.
Mr. NORRIS opposed the motion,-and protested both
against the adjournment of the meeting and the adoption
of any resolution which would tend to augment the
capital of the company, lie believed that Mr. Malins'
estimate of 100,0001. for laying down the narrow guage
was wholly inadequate, and he asserted, without fear of
contradiction, that if the directors entertained the pro-
ject at any cost, they would be entertaining something
which was calculated to cure an evil 'which did not ex-
ist. He decied that there was any inconvenience expe-
rienced on the Great Western Railway from the break
of gauge, and he contended that if the ghost were
laid
at Reading, it would rise again at Didcot, and that any
supposed inconvenience which existed now at Reading
would he found in full force at Didcot. Moreover, faith
with their allies required that the line should continue
to be worked on the same principle as it was at present.
As for the motion for the adjournment of the meeting to
London, he believed that the act of incorporation re-
quired hat the meeting should be held alternately in
London and in Bristol, and that when a meeting was
adjourned it should be adjourned to the same place.
Mr. MILES, M.P., complained that the report was un
satisfactory, and that it contained no item of mercantile
intelligence. It indulged entirely in hope, and although
the Kennet and Avon Canal had been in their possession
since 1851, it appeared to be only now discovered that it
was a losing concern. To remedy this state of things he
would infuse a snore mercantile element into the direc-
tion, and although he did not believe that business could
be satisfactorily transacted in a large public meeting, he
suggested that five of the present directors should retire,
and that the company should elect five in their place.
He concluded by moving an amendment to the effect
that a committee of proprietors should be appointed
to confer with the directors for the purpose of cre-
ating five vacancies at the board, and recommending
five others in places ; and that after the transac-
tion of the current business of the meeting it should
bele 'eourned till the 11th of September, in order te
receive the report and recommendations of the com-
mittee. He trusted that this would meet Mr. Malins'
views, and that he would not, therefore, press his amend-
ment.

Mr. MALINS consented to Withdraw his amendment. ;
and

Mr. MILES thereupon intimated that he had no objec-
tion to the reception of the report, and that he would
move his amendment as a substantive resolution.
The motion moved by the Chairman for the adoption

An analysis of the accounts and of the report has
already been published.
The CHAIRMAN, in opening the proceedings, claimed
the indulgence of the meeting upon his first appearance
in the chair, an 3 paid a tribute of respect to the memory
of Mr. Russell, the former chairman. He added that
some objection had been taken to their meeting upon the
same day as the London and North-Western ; but be
feared that this was an inconvenience which could only
be obviated by arrangement with the chairmen of all the
companies that had termini in the metropolis. It had
been suggested that there should be a number of indi-
viduals representing 501 worth of shares in the company
appointed to advise the directors in all matters of im-
portance, but he was bound to say that that would be
establishing a kind of intperiunt in imp erio, to which the
directors never could submit. (Hear) All that the
board had to say was expressel clearly in the report,
and he would not, therefore, trespass longer on the time
of the meeting than to congratulate the shareholders on
a slight increase in the dividend, and on the fact that the
company had not prosecuted any bills in Parliament
during the last session. He now called upon the secre-
tary to read the report.
Major COURT, however, intervened, and complained
of a breach of the privileges of the shareholders, in that
he bad not been allowed to inspect the register of pro-
prietors. This was a right inherent in the shareholders,
I conferred upon them by the 63d section of the Com-
panies' Clauses Consolidation Act, and lie urged, as a
ground of objection to the course of proceedings, that he
had not had the opportunity of inspecting the register.
How, he asked, could the shareholders exercise that c,n-
trot which they ought to have over the affairs of the
company if they were denied access to the register ? Fie
moved the following resolution ;--
"That this meeting, viewing it to be essential for the
due exercise of the powers vested in the shareholders of
this company that they have free acce=s, at all reason-
able hours, to the register of holders of consolidated
stock, as it is enacted in the 63d section of the act of
Victoria, chap. 16, called the "Companies' Clauses Con-
solidation Act' that they shall have ; resolved that the
obstruction in the exercise of such privilege, as brought
underthe notice of this meeting by Major Henry Court,
Fel., a shareholder of this company, appears to this
meeting to have proceeded from an injudicious determi-
nation of the directors and the secretary of the com-
pany, and is injurious to the rights and interests of the
shareholders."
Mr. PARTRIDGE seconded the motion.
The CHAIRMAN read the 149th section of the Act of
Incorporation, which Major Court contended applied
only to consolidated stock, and was not applicable to
this case. The motion was, he thought, somewhat out
of order ; but, following the precedent set in another
place, it was, on the ground of privilege, probably ad-
missable.
Mr. SAUNDERS (the secretary) explained that, as the
company had been incorporated previously to 1845, it had
its own rules and enactments independently of the Gene-
ral Railway Clauses Act, and that it was entirely go-
verned by its own act. Any shareholder could ascer-
tain from the register the name of every proprietor ; but
the amount of their holdings was not communicated.
After a brief discussion, Major Court's motion was
carried by a considerable majority amid very general
applause.

Mr. WALPOLE, on the part of the board, assented to
this proposition, and it was unanimously agreed to, the
gentlemen named being Mr. W. Miles, Mr. R. Bayly,
Mr. R. Withers, and the Right Hon. J. Parker.
On the motion of Mr. BAKER,
A vote of thanks was carried with acclamation to the
chairman and the board of directors, and the proceedings
terminated.

GREAT NORTHERN.
The report of the directors of this company states that
the total amount of capital expended to the 30th of
June last was 11,168,9381., including 107,4181. ex-
pended during the half-year. The amount of securities
and cash held by the company on the 30th of June was
262,2621., and preference capital', not called up, is
400.0001. The gross receipts in the last half-year
amounted to 567,8391., being an increase of 59,083/,
over those of the corresponding period e f 1855. The
grois expenditure for the half-year amounted to 302,5891.
or 24,7861:ab0ve that ending June, 1855. /The balance
of receipts beyond expenses amounted to' 265,2501., be-
ing 34,297/. more than at the corresponding period of
1855. To that sum is added 8,5121., rent of Royston
and Hitchin, and balance from last accounts, making a
total of 273,7621., which, after payment of rents, fixed
charges, interest of loans, and preference dividends,
amounting to 189,459/., there remains 84,3031., which
will afford a dividend at the rate of 31 per cent. per an-
num, or of 11. 15s. per cent. for the half-year on the ori-
ginal stock, and of 31. 101. per cent. for the half year on
the B stock, leaving a bale ee of 1551, to be ,ar del to
the next account. The directors are desirous of being
in a position to convert the mortg,ge debt of the 0)m-
-pany into "Great Northern Rai way Debenture
Stock," at a fixed and perpetual irredeemable yearly
dividend or interest at not exceeding the rata of 41. per
every 1001. thereof, as authorised by the act of 1853. To
enable them to carry out such a measure, the 1941 sec-
tion of that act requires the previous consent of three-
fifths of the shareholders present in person, or by proxy,
at any general meeting of the company, convened with
die notice of that object. The directors, therefore, give
this notice of their intention to propose a resolution at
the half-yearly general meeting to be held on the 233
August inst., authorising such a conversion of any po-
tion or the whole amount ef the exist:ng morieeage debt
company, from time to time, and upon such
terms as
shasthe directors may consider advisable. The
mortgage debt being in amount about 3,250,0001., and
the average rate of interest per annum now paid being
about 4i per cent., the conversion of the whole into a
debenture stock at 31 per cent, would effect a direct
saving or gain t, the company of abou; 30,000/. a-year;
Da :
account,
the business and acceun,
and avoid ad wvoctuidldgarleo great expense for stamps, &c., in renewing the
inortgaqe deeds of the company. At the general mee•-
ing in February last the chairman announced that the
active cempeetion at very low fares, by the London and
North Western, the Midland, and the Manchester,
Sheffield, :led Lincolnshire Railway Companies, against
the Great Northern Company, was to be immediately
discontinued, under an agreement by the four coin.
panies to refer to the arbitration of the Right lion. W.
E. C-lad,tone, and to be Noun by his decision as to tile
division of the traffic of the several districts to which the
trains of the four companies have access. Great delay
subsequently took place before the paints to be sub-
mitted for arbitration could be agreed upon ; and the
deed of submission, as Settled by counsel, was corn-
plezed ready for Mr. Gladstone at the beginning only of
the present month. In the compan's workshops, built
at New England, above a mile from the city of Peter-
borough, there are now employed mechanics and la-
bourers to the number of 459 ; and horn the isolated post
non of the locality, and distance from the city, it has
been necessary. to erect, for the accommodation of the
men and their families, a considerable number of cot-
tages and shops to be let for the gale of provisions—but
there is still wanting a schoolroom for above 200 child-
ren. The directors, therefore, ask authority to erect
a schoolroom, which can be done for 7001.
The report of the auditors, Messrs. J Chapman and
J. Cattley, states that the accounts and books in every
department continue to be so sari-feeterily kept that they
have simply to expre,s
,their entire approval of thew,
and to present the accounts to the shereholders with the
usual certificate of their correctness. The capital accouct
shows that 11,431,2001. had been received, and
11,168,9381. expended, leaving a baled-ice of 262,262/.
The revenue account for the half-year endin the 30th
P3er locomotivecent power was at the leaving a bal
of. June amounted to 567,8391., and the expenses to
236052:2558091/..,
Theor 53
cost-28 (
rate of 8-136. per train mile, and the receipts and re-
newals to 2.21 d. per train mile. The assets of the com-
pany are estimated at 696,5241, and the liabilities at
139,4791, leaving a balance of 557,045/.