The Sun.
London, England, 1858-02-12 00:00:00

COLONIAL.

TEA.—The market still continues very quiet, but prices
have a steady appearance. Common congou is quoted at
13d per lb.
SUGAR.—There is very little business doing in any de-
scription of sugar, and the dullness previously noticed has
continued. Foreign qualities are at rather lower rates. In
the Refined Market scarcely any business has been re-
ported ; prices, however, remain steady.
COFFE .—A moderate business has been done in Planta-
tion Ceylon, at about former quotations. Rio and native
Ceylon were dealt in to a limited extent, and rather lower
rates were current.

COCOA.—There is a steady demand for the better de-
scriptions, and, as the Government contract is now out,
full rates are quoted.
RICE.—No business of importance has been reported,
and prices are unaltered.
ltuAr.—The market is very quiet, and no variation can
be reported in prices.
SALTPETRE.—HoIders show a disposition to give way,
but there is scarcely any business doing, previous rates
being barely supported.
INDIGO.--There is no alteration to notice in the prices
realised, ordinary and low qualities continue to be ne-
glected, but good useful sorts of Bengal were in moderate
demand at full rates.
TALL Iw.—The market is firmer. P.Y.C. on the spot,
and up to March, 52s Pd 535; April to June, 52s 9d
last three months, fos Pd to 51s per cwt. ;and

BEVERLEY BOROUGH EnEcTioN.—At the first meeting
of this committee, Sir T. Baring in the chair, it was
resolved to choose the select committee to try the merits
of this petition on 25th February.
EXTENSIVE ROBBERY.—Yesttrday information was
received a; the different police stations in Loudon that
a boy, about 14 years of age, had absconded from the
Bath Hotel, Piccadilly, stea:ing over GO sovereigns, a
gold Albert chain, and a gold ltey in the shape of an
eagle, with a cornelia,n stone engraved "M, E. P.
Pachio,"

LONDON AND SOUTH-WESTERN
RAILWAY.

MEETING THIS DAY.
The half-yearly general meeting of the proprietors of
.;ski t':e Cerepany'e efr rn-iter-
leo-bridge Station—Mr. W. J. Cnaplaiu, cuairineACof
the buierd, iu toe ehair.
Tire report has been already published in Tike
The accounts show that " the net revenue for the half'
year, after deducting interest on loans, and all other
preferential charges, amounts to 194,7541. 15s. 10d. ;
add surplus at June, 1857, 8751. Gs. 7d. ; balance avail,'
able for dividend, 195,6301. 2s. 53. From this sum the
directors propose that a dividend shall be declared for
the half-year, payable on the 20th Feb., at the rate of
5f per cent, per annum, which, on 7,176,9591. 16s. dd•
of paid-up capital, aincunts to 188,3951 ; balance
carried forward to the current halt-year, 7,2341. 13s. 4a.
There has been a decrease in the gross revenue for the
half-year of 42,2961. in comparison with the correspond-
ing period in 1856. There has been a diminution of
2,317/. in the working expenses."
The SECRETARY having read the notice convening
the meeting, the minutes of the last meeting were read
and confirmed.
The CHAIRMAN, in proposing the reception Boa
adoption of the report, said that in the absence of all
novelty in the course of the past half year, he should
only have to occupy their attention for a 'short time.
The report fully informed the meeting what had been
done, and gave a correct account of the present position
and future prosperity of the line. It was satisfactory to
know that the traffic of 1857 had exceeded that of 1855 s
arising from the opening of the line from Basingstoke to
Andover and Salisbury, though, unfortunately, at as
extra expense. As he anticipated on a former occasio°,
they had had the lion's share of the troops from the
Crimea pass over the line. The hon. gentleman ass
entered into the proposed schemes in completion to cereals
parts of the line mentioned in the report, and expressed lie
regret that they had been unable to make terms with
the Brighton Company for the reception of the West-nod
traffic on the waste spet of land near the Waterloo'
station. That company had thought it better to tail°
the traffic to Battersea-hridge, and on up the Grcr
vernor-canal. He was happy to state that the araienib'e
relations continued between this company, and the
Brighton Company, and the Great Western Complua'
Such, however, was not the case with the South'
Eastern Company, who interfered with them at Guild'
ford and other places, and he was afraid there was *lie
chance of their being able to compete with them al to
lareF. He had nothing further to remark on in reference
to the line, hut he begged to withdraw an expreesi°
that dropped from him in the heat of debate on a ferrite
occasion. (Hear, hear.) He moved the reception, Svc"
of the report.
Mr. ASHRURY seconded the motion.
In reply to Mr HELPS,
The CHAIRMAN said that the directors had the !VWet
of converting their borrowed capital into 4 per coo"
stock or shares, but .s yet it had only been done to the
extent of 3,8001. The company were borrowing neomei
now at 4e per cent., and he was in hopes shortly more
the old borrowed money would be so converted.
Mr. HELPS suggested that the cash balance in the
hands of the hankers should be published in the accost-Oh
The CHAIRMAN said it was not desirable.
Mr. HEREPATH said that if the balance was the other
side it would be injurious to the company to publiath it.
He asked for the particulars of 8,0001. charged for the
main line. He had hoped the expenditure had oeseeeta
on the main line.
The CHAIRMAN said it arose in reference to ststic°l
cottages, &c., for labour.
Mr. HEREPATH said he saw 80,000/. entered in the
accounts relative to the extension line to Exeter .and °i
'he contracts that were taken be tender.
The CHAIRMAN said it was, and that the contrac-er
Was Mr. Taylor. He tendered with others, and' it 7;ls
accep ed as being advantageous to the company.
t act
Mr. ERRINGTON (engineer) acid Mr. Taylor's Eon
was selected out of 17. It was upwards of 81,°"
below the others.
In reply to a question from Mr; HEREPATH,
The CHAIRMAN said the company knew nothing of Ori
amalgamation of the Wimbleton arid Leatherhea.d
ether small lines in that neighbourhood. He wael o°.
aware of an application to Parliament for such * •
I/OS?.
Mr. HEREPATH said he was glad to find they were (13
friendly terms with the Brighton Company, became° -
was stated otherwise out of doors.
The CHAIRMAN said Mr. Herepath was often better
informed on points than directors, (Laughter.) awe
Mr. HEREPATH said he was informed that the Brig— ee
Company believed that this company was at the *lotto.:
or friendly to Mr. Locke's line from Horsham to Sbere I
ham.
ea do
The CHAIRMAN said this company bad nothing--
with that line, ge
Mr. llEREPATdLellyeaonr.tinadcicreepcttlythar steaater'mheenatZi)
t
was glad to hear they were friendly with the tter.,--g
Western Railway ; a short time ago they were eateSt°'-'
but friendly.
_te, gag
The CHAIRMAN said what he meant by frien,..e
vro
.that where they came to the same towns the traffic •
carried on honourably on equal terms. (Hear.) Mr. HUDSON asked for an explanation of 9,000/. for r
" Marshalling trains"at Vauxhall. He always thelee
mere so. (Laughter.)
the "City Marshal" extensive thing, hut this w
The CFAIFILIN eeep'ia,:ned
that the arranging of
trains at Vauxhall was done by engines instead of hoffe
and the engineer considered he had a right to °berg
thoe
the wear, &c., of the engine.
After some further discussion the report was received ff
and adopted. a the 1
A discussion sprang np relative to smoking 0
sge
line, and it was suggested that a smoking 00°100
should be attached to the trains. Complaint %reel of
made of the state of the second-class carriages, AT the
the want of third-class carriages in connection with
suburban traffic.
der
The CHAIRMAN said that the directors had -13 the
consideration a scheme for the better arrangement of
suburban traffic.
The dividend was then declared, and the retiring
directors and auditors having been re-elected the weetivg
terminated.
- -
LA W INTELLIGENCE—Feb. 11-

VICE-CHANCELLORS' COURT.
(Before Vice-Chancellor Kinderaley.)

This was a suit foVriNsEpreciVfiec'CpHeArPfoLrimila. nee of a c°l2ll
for the purchase by the plaintiff from the deftendso,%o
owe houses, and for an injunction to restrain sue af3":,-(1
at
law for recovery cf the purchase money, Opte;eo
for trial on 13th. inst. The only question b ot!aga
the parties was whether a vendor is bound to •at"'",•
personally at the completion of the purchase arid
vibe sonally receive the purchase money • and to raise, vini'ibt
question the purchaser had pleaded' to the aeti.os 10
the vendor was not ready and willing to perforst: to
contract. Much extraneous matter was introduco(Veff
the case both by the counsel for the filsll3
and by the judge himself, which we purposely °lilt; 00
The Vice-Chancellor, in giving judgment,
not satisfied .that the question can be tried at 1,aw,,0.
court of equity, and not of law, is the proper t°',o-
The purchaser has a right to.say—l will have the "-tbs
veyance attei-ted by my own solicitor, thousgu jolt
practice is the other way. He also has -15 r-rip
to pay his money to the vender Psll"llas*
it is the simple and natural right and requires °oo
or authority to support it, but authority is requilvdr to
other way ; even in a payment under a power,of at bet
Bey or written authority, and more especially a "tort
one, there is risk ; if the vendor die and his enectipc
find no account of the money, they ms71, vihea
their action for it, and the purchaser 111'1 jf 11,
have to prove the authority to pay to the attorney
power of attorney compelled a debtor to
pay _t o a ere
tor, then the attorney would have aright of action".
self in his own name. A. debtor has a right to 0000
will pay to my creditor, and to no one else ; I %le
authority to show me that that which is the oorsol°11;0.
of nature is not the case. The law is glair, bat
jeot to what may exist in special oases. A creditor
no right to insist that the money shall be paiti tc°,_ea,
attorney or any one else. The action must be reetraw