The Sun.
London, England, 1850-11-26 00:00:00

72

,ipally jabbers, coming to Cadlnnate*
mned.

.).'":...kICACI;OIS—E:SCAPE or A SHIP AND CHEW.---.
SCH tT1.1.7 Nov. 20—The 0 lesss, with Indian corn,
fiom Con-tultia.ple to. Falmouth, arrived safe at the
-latterinvrr-,--whfh she got orders for `Westport, pro-
ceeded on her voyage thither, and got north a* far as
the Blasquets, where she encountered the gales of
Monday and Tuesday last. Unable to make any port
of safety, she was driven hack, and the captain having
been washed overboard, the crew not well knowing
where they were, the mate having got charge of the
vessel, underwent the most deplorable sufferings. At
one time they were so near the land that many of the
men werein the rigging to leap ashore ; and they even
passed, driven furiously by the gale between the
Skelligs and the Lemon Rock, and went close by the
Bull, Cow, and Calf, off the Dursey. One man of
the crew broke his arm, another disliJcated his wrist,
and many others were wounded and injured in
various places in endeavouring to save their lives.
At an early hour this morning they were brought
ashore in Crookhaven by the pilot Hooker,
Mary Merman, Mr. D. Noonan, owner, with
every loose article of value abroad, the vessel
and cargo having been left in charge of the crew
of the Mary Drenuan, and some other men who were
doing all in their power to work her up into the
Crookhaven harbour. The wind, however, having
about 11 o'clock, A.M., increased almost to a gale,
they were obliged to abandon that idea, and ran up
for Long Island Channel, where she now rides safely
at anchor—her crew all alive and comparatively well
in Crookhaven, excepting only the unfortunate
master, who met a watery and untimely grave. The
vessel is guarded by coast guards and constabulary,
and is safe excepting only the damage done to her
rigging and canvas. The crew are all Italians, but
one man, a pilot from Falmouth, through whom I got
the particulars of their sufferings. They had not
slept an hour nor tasted a morsel for the last four
days, but those who are disabled are now under pro-
per medical treatment, and they are well cared for in
every respect. I believe no vessel ever oftener, or
more narrowly escaped being completely dashed to
pieces.
WATERFORD.—The schooner Friends, of Water-
ford, with salt from Liverpool to Dungarvon, while
riding in the Bay of Dungarvon, in the gale on
Monday last, lost her cables and anchors and wind-
lass, and was driven out to sea, and fortunately was
saved by running into Duncannon Pier, in the
Waterford Harbour, where Mr. Stephens rendered
her ever assistance in giving her an anchor for her
to ride to.

The Medusa, from Cork to Limerick, with corn for
J. N. Russell and Sons, is a wreck at Smerwick,
coast of Kerry.
The brig Successor, Millar, of Sunderland, from
this port, laden with grain for Liverpool, was lost off
Seafield, in the gale of Tuesday, with all hands.
The Eureka, from Barletta to Limerick, laden
with wheat, consigned to Thomas M. Usborne, Esq.,
was lost in Tralee Bay, off Castle Gregory, on Tues-
day ; crew saved.
There are several vessels on shore in the bay of
Tralee. At Ballybunnion a Prussian barque has
been driven right against the caves, and all on board
perished. Another Prussian barque that left Car-
rigaholt on Sunday night, outward bound, has got
on shore at Ross, near Loophead, and all on board
have perished.
Two turf boats are on shore back of Tarbert Rock,
and no account of the crew.

MADRID and VALENCIA RAILWAY.
On Saturday the proceedings (a brief report of
which appeared in our paper of yesterday) on the
charge of the official manager, against the directors
were resumed before his Honour the Master in Chan-
cery Blunt.
Mr. Selwyn appeared for Mr. Quilter, the official
manager ; and Messrs. Glasse, Daniell, Bagaller,
Giffard, and others, for the various directors.
Mr. F. -K. Fowell, the secretary to the company,
was examined at great length. He deposed that
the resolutions of the board of directors as to the
allotment of shares and payment of money at the
banker's were entered in a book which was in the
possession of either Mr. Chadwick or Mr. Rose, his
solicitor. The resolutions appointing the , finance
committee at the commencement of the company in
1845 were entered in another book, which was also
removed with others from witness's custody by order
either of Chadwick or Rose, some time in 1849, for
the purpose, it was alleged, of preparing a schedule to
answer a bill filed in Chancery. Had the authority
of Chadwick to band the books over. Had last seen
the large minute •book at Rose's office.
Mr. Quilter had certain documents and papers de-
livered over to him as official manager. Could not
give an exact inventory of them. Had not any of
of the books alluded by Mr. Powell. Had some
sheets of paper tied together and some cheque-books,
but that was all they could get.—(Laughter.)
Mr. Lindo, one of the shareholders, and whose
name is placed on the list of contributories as liable
for 120 shares, suggested that if his Honour were to
give orders to the official manager to issue a reward
for the apprehension of Mr. Chadwick—(Loud laugh-
ter)—the matter would soon be brought to a close.
When a fradulent bankrupt runs away a reward is
offered for his apprehension, and if a reward were
offered it would soon bring Mr. Chadwick to book.—
(Laughter.) And as to its being said that Mr. Rose
was not a contributory to the company, he (Mr.
Lindo) denied it altogether, and alleged that Mr.
Rose was the person who bad contributed to bring
the business into confusion.—(Laughter.)
His HONOUR—Are you prepared to pay the re-
ward ?—(Laughter.)
Mr. Lindo—The contributories of course would
pay it if Mr. Chadwick were caught; at any rate, I
am prepared to pay my portion.
Dr. M`Cann, one of the directors included in the
charge, complained that, professionally, he was put to
great inconvenience by this business, and read the
following letter, which he had advertised in each of
the morning papers :
" Parliament-street, Nov. 27, 1845.
" My name hating appeared in the published list of
the provisional directors in several railway companies,
and without my authority, I have in consequence thought
it right to state publicly that I have now withdrawn my
name from every undertaking of the kind.
6‘ N. M‘Csaesi."
Mr. Tibbetts, for the official manager, said, they
would be willing to take Dr. M'Cann's affidavit as to
the facts so as not to put him to inconvenience by
personal attendance, but they would have to go be-
yond that with the other directors.
Mr. Fowell, in the absence of the books, was then
re-called to give secondary evidence as to their con-
tents. Was constantly present at the meetings of the
committee of management, at which discussions took
place relative to the receipt of deposits and the ap-
pointment of bankers in September or October, 1845.
Messrs. Masterman, Messrs. Currie, and Messrs.
Cockburn were appointed bankers to receive deposits.
The board meetings for this and other purposes were
held once a week, and there were present at them Mr.
Chadwick, Mr. Gideon Colquboun, Captain Char-
rettie, Mr. John Capper, Mr. John Knell, Mr. J. J.
Kinloch, Mr. J. Montefiore Colonel Stopford, and
Mr. S. J. Waley, who usually attended the meetings.
In all probability Mr. Chadwick was present when
the bankers were appointed, but could not swear
positively.
J. Erck, clerk in the bank of Messrs. Masterman,
proved the opening of an account between that firm
and the Madrid and Valencia Company from the ori-
ginal ledger, which was put in evidence. It was
opened on October 7th, 1845, when the order was
placed in his possession. The first entry was a pay-
ment to the Bank of England on the debit side of the
account, and represented 30,7121. 17s. 10d. The
first was an entry, " Oct. 10, 1845. S. Driver, 1001."
The total amount of deposits received on behalf of the
company on the 10th of October was 2,4601. On the
11th of October, 2,640/. ; on the 13th, 39,540/. ; on
the 14th, 3,6901.; on the 15th, 3,2201.; on the 16th,
2,530/. ; on the 17th, 1,840/. ; on the 18th, 140/. ; on
the 20th, 590/. ; and on the 23d, 1001. It was all re-
ceived and entered "on account of the trustees of
the Madrid and Valencia Railway," and the total
amount to credit was 106,3241. 13s. 9d. Witness
then produced a series of letters addressed and
,signed
by Messrs. Chadwick, Knell, and Colquhoun, u
trustees, and written by the secretary to the bankers,
requesting that they would place all moneys paid
into their bank to the account of the trustees,
and honour the drafts of either two of them, coun-
tersigned by the secretary, dated 9th of October, 1845.
The second letter to the bankers, dated 21st of Oc-
tober, requested them to honour all cheques or
draughts signed by three of the directors and coun-
tersigned by the secretary. The letter was from the
trustees, and the signatures of the directors—S. J.
Waley, J. B. Montefiore, J. Kinloch, L. Pocock, J.
Capper, and W. L. Palmer. There was also a letter
in Mr. Chadwick's handwriting, dated 4th of October,
1848, stating that Mr. Powell having permission from
the board of absence, it was resolved that Mr. Cooper,
the clerk, act as secretary in his absence, and that
instructions be sent to the bankers to pay cheques,
countersigned by Messrs. Capper and Chadwick.
Under d..te 30th of October, 1845, there was 43,060/.
placed as credit to the company ;could not say of what
it was composed, but it was no t on account of calls.
The last entry on account of the Madrid and Valencia
Railway terminated in April, 1848, leaving a balance
now in band at the bank of 22/. 16s. 11d..
The proceedings were then adjourned to the 20th of
December to prepare evidence of the receipt of the
rest of the deposits at the other bankers, and its trans-
ference to Messrs. Masterman's, and to show that eaoh
of the directors paid on their letters of allotment.
was stated by a contributory that Mr. Chadwick was
met with in Brus els in September last. The amount.
of the caution money to be remitted by the Spanish
Government, and which will be divided among thler
shareholders, is 20,00'1/.