The Sun.
London, England, 1850-07-23 00:00:00

4,000 0 0

£783,005 7 3

£3,879 0 10

4,043 8 0

2,527 2 6

ried to profit and loss rem account ...
Balance carried to the guarantee fund,
making that fund... £23,114 12 3 2,468 8 7

2,064 3 9

£14,982 3 8

Cr.
Balance brought down

. £ 14,982 3 8

Mr. 1). Ml AE moved, and Mr. CHARLES JJLEADEN
saenuthd the adoption of the report, which was carried
uninanimously.
The CHAIRMAN then said—After the very kind man-
ner in which the meeting had confirmed and adopted
the report, any comment which he might have otherwise
thought it; necessary to make on that report was en-
tirely unnecessary. He would only say that that report
was.a juit, stra;ght forward, and unvarnished history of
the progre,s and transactions of this bank, and he
thought it presented to the meeting an indication of in-
creased and increasing prosperity, to which he was sure
they would be always ready to render their assistance
and support. It only remained for him to declare, out
of the profits, a dividend for the half-year ending June
30, at the rate of 6/. per cent. per annum, and a bonus
of 7e. 61. per share to each shareholder.
Mr. J. SHOWELL then proposed the re-election of
Messrs. William Cooper, Mark Flouter, and Joseph Un-
derwood. three of the retiring dirt ctors.
Mr. HENNETT seconded the motion, which was car-
ried nem. con.

Mr. HENRY BARN EWA.LL proposed Mc. Charles
Butler, a duly qualified proprietor, as a gentleman fit
and proper to be elected to the vacant seat in the di-
rectory, cccasioned by the retirement of Mr. W. 'S.
Boyd.

Mr. OXENFORD reconded the resolution, which was
also carried without a dissentient.
Mr. CeopErt returned .thanks on behalf of himself
and his brother directors who had been rc-elected.
Mr.. DAVID TAYLOR moved a vote of thanks to the
directors for the praiseworthy manner in which they
conducted the affairs of the bank.

Several Shareholders• rose simultaneously to second
this motion, which was carried unanimously. _

The CHAIRMAN said the vote of c nfidence which the
meeting had just passed with such unanimity would be a
reward to the directors Lr the past, and an encourage-
gent to them fir the future, and he could truly assure
the meeting that the directors would continue to watch
with anxious solicitufle over the trust which had been
confided to their care, and embarked its directors and
shareholders were in the AIME) cause, and linked together
by the same interest, he was sure the kind exertions and
the active influence of the shareholders would be ever
ready to assist the directors in the attainment of their
common object. In that conviction the directors felt as-
awed that its each successive year they-would be enable]
to open to the shareholders an additional page of in-
creased and increasing prosperity in the history of this
bank, and that all their meetings, like the present, would
bear testimony to the existence of tbat cordial co-opera-
tion and that mutual good understandirg, which, sealing
al it were the bond of their connexion, would always be
the best augury of their success —(Applause.)
Mr. TAYLOR, jun., moved a vote of thanks to the
secretary, Mr. Cutbill, to which that gentleman re-
sponded.
A vote of thanks having also passed to the Chairman,
the meeting separated.

THE GORHAM CASE.
GENERAL MEETING.-(TI1IS DAY.)

A general meeting of dissentients to the decision in
this case was held in St. Martin's 11411, Long-acre, this
day, for the purpose of adopting—lst, A Protest against
the Judgment in the Gorham Case; 2J, A Petition to
the Queen; 3d, An Address to the Archbishops and
Bishops; 4th, An Address to the Scotch Bishops; and
sth, an Appeal to the Clergy and Laity of England. J.
G. Hubbard, Esq., was called to she
On the platform we observed the Bishop of Bath and
Wells, leird Nelson, Archdeacon Wilberforce, B. Hope,
E-q., M.P., Rev. W. Sewell, J. R. Kenyon, E!.,q , Dr.
Todd, Rev. Sir C. Anderson, Bart., Rev. W. Paiman, F.
11. Dickenson.. Esq., formerly M.Y. for Somersetshire,
Archdeacon Manning, Lord Fielding, &c.
The body of, the hail was crowded with clergymen and
laymen entertaining similar ♦iews upon the question at
issue. . .

Resole4ticea were then proposed in furtherance of the
,objet . Can meeting. The first set forth, that as the
meetire, held "that " original sin is remitted to all infants
by ~al regeneration, through the application of
the merits of our Saviour in and by the Sacrament
of B,,,Tai.rn," and that as they individually "acknow-
ledged 4;10 baptism for the remission of sins," they
Ilia:afore- solemnly repudiate and protest against
,the ii,".' .mein of the Judicial Committee of her Ma-
jesty'. :F:iby Council, and do appeal to a free and
lawful, Synod,. of the Church of England; because that
judgment sanctioned in an hypothetical sense the
plain declarations of the Church, suggests contra-
dictory in:erpretations of her doctrines, and requires
institution to a benefice of a priest who protesses doc-
trine-utterly inconsistent with the sacramental character
of baptism and subversive of a fundamental article of
faith. And because in this decision the- Judicial Cora-
'znittee had exercised a jurisdiction which they did not
possess, and which never was nor would be confided to
them by the Church,
.The prayer of the petition to her Majeity was—
" That all questions touching the doctrine of the Church
ofEagland, ansing on appeal, or in your Mejesty's Tempo-
,.eist. Courts, may hereafter be referred to the Spirituality
of the Church ef Englenel. And that your Majesty will be
please to remove the impediments which now obstruct
the exercise 6f the' ancient synodical functions of the
Chuich, in order' to the determination of the aforesaid
question of doctrine, as well as of other matters affecting
her welfare, t the salvation of souls, and the dory of
her divine Head."
• The third resolution, which was an address to the
archbishops .and bishops, concluded as follows:—" May
it efean.e
:pm, Most Reverend and Right Reverend
.Fathers, to .express your humble desire to the Crown
.for that license, which in all such emergencies it is
virftially, (if not expressly) pledged to -grant, viz.,—
That the Church in synod assembled may have free-
dom to judge matters of doctrine and discipline.. Or,
if such license cannot now be obtained, may it please
you so to declare your' mind and in•ention as to secure
us for the present against that utter denial of sacramen-
tal erace: .which we too plainly see to be permitted by
• the said decision."
The next resolution embraced a vote of thanks to the
Bishops of the Church of Scotland, and assured their
Lordships "that the Church of England will never,
elan r by her deliberate assent or by her passive acqa;
eseet,ce, sanction the heretical doctrine involved in this
judgment."
The concluding resolution was as follows:--" That
we, solemnly and earnestly appeal to our brethren of
the Church of England, in this and other lands, I r
• their sympathy and assistance—entreating their con-
sideration of the facts set forth in the protest, petition,
and addresses adopted by this meeting, and beseechieg
them deliberately to weigh and examine the grievous
dangers to which the maintenance of our faith is exposed
through the recent judgment of the Judicial Committee

of her Majesty's Pzivy C ouncil, convincrd that a calm
investigation of the subject will a'o.ure them not only
of the rtality r f our apprehensions, but of our right
to. the redress we seek; uud we urgently implore
them to joia us in protestingligainmt the wrong, and vio•

lence threatened to our Church, and in vindicating her
doctrinal teaching from the Bug -lawn and reproach which
have been cast upon it, and to co-operate with us in
a faithful and persevering effort to secure for her,
through the restoration of her ancient and inalienable
privilege of judgment in spiritual matters, the power of
maintaining the essential verities committed to her as a
branch of Christ's Holy Catholic Church."
_ _

This and the preceding resolutions having been una-
nimously agreed to, the proceedings, which lasted for a
considerable time, terminated.

INVERNESS MACKINTOSH ES-
TATE BILL.—(THIS DAY.)
The inquiry of the Lords' Committee on this Bill
was resumed again this afternoon; the Earl of Shaftes-
bury in the chair. Evidence, on the part of the pro-
moters of the Bill was proceeded with.
Mr. Shaw, a trustee of the Mackintosh fund, and a
director of the Inverness Academy, said the number of
boys educated on the fund, in 1846, was about
fifteen or sixteen, but that number had now been
reduced to ten, in consequence of the rents of
the Mackintosh property having fallen con-
siderably within the lest few years, owieg to the failure
of the potato crop and other circumstances. The net
income for 1849 was about 6771., and he did rot think
that the annual income in prospective would be more than
600/. He had opposed the resolution which wes
agreed to by a majority of the trustees, for the purpose
of applying to Parliament for a Bill allowing them to
divert a portion of the Mackintosh fund for the general
purposes of the Inverness Academy. The general
feeling in Inverness was against the present Bill, be-
csuse they thought that the fund was nut more
than sufficient for the education of boys belong-
inn to the clan of Mackintosh. Those who hal been
educated at the school were distinguished for their in-
telligence and assiduity, and be had never heard any
complaint by any of the parents or guardians of the
scholars, or inhabitants of the town, with respect to its
management. _ _ _

Cross-examined by Mr. ANDREWS—He had consented
to the appropriation of a portion of the fund
for the establishment of a college at Inver-
ness, on condition that the Government consented
to make an appropriate endowment, but he objected to
a diversion of any part of it for the general benefit of
the academy in question. By having an university they
would be enabled to carry out that part of the will of
Captain Mackintosh which provided that certain of the
scholars should be sent to an university, wiehout in-
curring the expense of sending them to a college at a
dietaece. In the event et his preposition being adopted,
he intended that the Meckintoeh boys should be educated
at a school attached to the college.
Mr. W. Welch Forbes said he had been a medical
practitioner fer t eenty-two years, at Inverness, a mem-
ber of the town council for twelve years, and a magis-
trate i❑ 1844, and in that latter capacity ho became a'
trustee of the Mackintoeh fund, and a director
of the Inverness Academy. He entered the ecedemy as
a scholar in 1818, and received the greatest portion of
his education at it. The amount and quality of the edu-
cation supplied was then of a superior description, and
was eqettily good if not better now. The school
was equal to any other similar institution with
which be was acquainted iu the north cf Scot-
land. The teachers were superior to these
who taught some breeches of learning when he was a
scholar. The instruction given was quite sufficient for
the better class of people in the town, and would fit
them for any one of the univereitie . Several psrsone
who had been educated at the school had distinguished
themselves in their respective professions and
callings, and he was satisfied that the needs of
education pursued would have the efilct of currying out
the wish of the testator, viz., to raise the charecter of
his declining clan.
Cross-examined by Sergeant BELLASIS —Ho never
promulgated any plan of his own for appropriating any
portion of the Mackintosh land for other purposes, ex-
cept what was the legitimate wish of the testator, and
he opposed the Bill because he belived it would be a
violation of the trust which had been reposed in the
trustees by Captain Mackintosh.
Mr. James lanes Mackintosh, medical cfficer of
St. (Nave.' Union, Southwark. who had been eaucated
as a bursar at the luverness Academy, and af erwards
sent to Edinburgh University at the expense of the fund,
bore testimony to the efficient system of education
adopted at the school during the time he belonged to it.
The Committee adjourned, at half-past three o'clock,
until twelve to-morrow, when Mr. Andrews will be
heard on the part of the opponents.