The Sun.
London, England, 1850-03-26 00:00:00

would reader her assistance ; but although she had
entered her name upon the books kept for that pur-
pose at the Oriental Club House, it had as yet been
without effect, and even if she should be successful
she was at a loss to imagine how she should obtain
the necessary outfit, as she was utterly friendless and
penniless here. In authentication of her statement
the applicant produced several letters from Lady
Currie, which corroborated the facts she had men-
tioned, and Rowland, the warrant officer, who was
directed to investigate the case, having reported upon
his return that the result of his inquiries amongst
persons in the neighbourhood where the applicant re-
sided were of a very favourable character, and left no
doubt of the thorough propriety of her conduct since
she had lived there, and that she was really involved
in the extreme distress she had represented,
Mr. ARNOLD expressed his conviction that the ap-
plicant's unfortunate position was deserving of much
commiseration, and regretted that the funds at his
disposal were too limited to enable him to assist her
further, ordered her to receive a sovereign from the
money in the poor-box, which the poor woman grate-
fully accepted and quitted the court.

BRITISH AMERICAN LAND
CO NIPANY.

The annual General Court of proprietors was held
yesterday, at the offices, New Broad-street, City; Alex-
ander Gillespie, Esq., presiding.
The report stated that 3 1.423 acres cf land bad been
sold during 1649, for 17,9911. I. 7d., being an
increase, as compared with 1848, of 5,502 acres
sold, and of money received 2,3031. The average
price of land continued as before at I Is. 61. per acre.
The total expenditure during the year, as given in the
report of the company's commissioner in Canada,
amounted to 13,6311. 13s. 2d.; of this 9,1521. 17,. 4d.
had been paid on account of the company's railway
stocks, and 1,0181. 12s. sd. in advances, which would
shortly be repaid. The commissioner did not hold
out any promise that he would be able to
make remittances sufficient to constitute a divi-
dend. The directors, however, though the com-
pletion of the St. Lawrence and Atlantic Rail-
road, which they now believe to be secured, would he
the commencement of a new epoch in the affairs of the
company. Active measures had also been taken for the
formation of a line of railroad from Quebec to Mel-
bourne. The conjunction of these important works
would, when completed, give to the Eastern Townships
of the company all the advantages of a great central
position, and open for them:avenues to all the markets.
Advices had been received which confirmed the opinion
formed by the directors as to the prudence of making the
advance to the St. Lawrence and Atlantic Railroad, and
s to the sufficiency of the security, on the faith of which
it had been made. From the general balance-sheet of
the accounts kept in London and Sherbrooke for 1849, it
appeared that the receipts were 15,5061. 15s. I Id., end the
expanses 13,6081. 6s. I Id.' leaving a balance of 1,8971.95.
The CHAIRMAN said a dispatch had been received two
days ago, from which it appeared that the St. Lawrence
and Atlantic Railway was proceeding satisfactorily, and
expectations were entertained that it would be finished
by the close of the present year to within 24 miles of Sher-
broeke, where this company had so much land. The railway
company had succeeded in negotiating a loan of 125,0001.
with the corporation of Montreal. Anticipating the
benefit which would be conferred upon their property by
the railway, the directors intended to alter the system on
which they had hitherto sold land. They would divide
the land into two classes—the first being that most im-
mediately affected by the railway, for which they would
require ',apnoea in five or six years; and the next, that
more remote from the railway, which might be sold at a
lower price, the payments being allowed to extend over
a longer period.
Mr. SCOTT deprecated making any advances to the
railway, which he feared might yet entirely swamp this
company, and pressed upon the directors the necessity
of sending instructions to their commissioner not to
incur any responsibility, either present or prospective,
in regard to that undertaking. He had been a
proprietor since 1834, and had received no dividend
except what had been paid out of capital, and he hoped
nothing would be done to still further injure their pro-
perty. His experience in railways told him that esti-
mates of engineers were not to be depended upon, and
circumstances might happen to involve the company in
liabilities in respect of the railway of which they had
now no notion.
,The CHAIRMAN said the advance had not been male
without a strong conviction that it would benefit their
property, and assured the Hon. Proprietor that peremp-
tory instructions had been sent to their commissioner
not to incur further responsibility without the consent of
the court. The railway undertaking was almost in a
state of bankruptcy when the advance was made, and
if this company had not stepped in to its assistance, it
would have been altogether abandoned.
After some discussion the report; was received and
adopted.
The retiring directors were then re-elected, and after
a vote of thanks to the chairman, the meeting separated.