The Sun.
London, England, 1850-08-31 00:00:00

has been received. Your directors have declared the
f )rfeiture of 65 shares, which requires the confirm2tion of
the present meeting.'
The report of the engineer, Mr. Robert Stephenson,
say s

"It affords me very great satisfaction to report to you
' that the whole of the tubes of the Britannia Bridge are
now safely deposited in their final positions. Nothing
now remains to be done hut to complete the junctions
between these composing the second line.
"A fortnight will finish the junctions in the Britannia
Tower; three weeks more will complete the junction
with the Carnarvon small tube; and by the end of Octo-
ber I have no doubt all the remaining preparations for
the opening of the second line will be brought to a satis-
factory conclusion.
" As this will probably ho the last report I shall have
the honour of addressing to you in reference to the
works of the Holyhead Railway, I deem it only proper,
after several years of intense anxiety respecting the
Conway and Britannia Bridges, to return you my sin-
cere thanks for the unwavering confidence you hate al-
ways displayed in the views I have been called upon to
express in reference to the structures; without this con-
fidence the task would have proved much more difficult
than it has proved; but I assure you the value of this
confidence is much enhanced in my estimation by the fact
that you gave it when the balance of opinion was de-
cidedly against me."
The motion having been seconded,
Mr. Heameet deprecated the mode in which the
accounts had been kept; and designated them as fal-
lecious, though he would not say they were cooked
or false, but he contended that they ought to have
a revenue of 18,0001. for the purposes of a dividend,
instead of 7,6411. He submitted that the revenue ac-
count was an incorrect one, the capital fallacious, and
that the directors had applied money to purposes that
were not legal. The time had come when there must
be a full investigation into the affairs of the company.
—(hear, hear.) The directors had held the reins of
power fur sit years, and they had never given the
opportunity to the shareholders of electing their own
directors.—(Hear, hear.) He thought the directors
had exhibited a most extravagant example in making
two lines of tubes over the Menai Straits, when one
would have answered every purpose and have been
constructed at two-thirds of the expense. He depre-
cated the whole course adopted by the directors, and
would move, as an amendment to the adoption of the
report, the following resolution :
". That a committee of five shareholders be ap-
pointed to inquire into all matters and things touching
and concerning the accounts, contracts, and expenditure,
in and from the formation of the company, and especially
to inquire and report upon the state of our relations
with the Mold Railway Company, and the legality of the
proceedi❑gs of the directors in relation thereto; and e.isu
to inquire and report upon the expenditure of the money
raised from the shareholders under 10 and 11 Vic., chap.
238; and also to inquire and report upon the legality of the
issue of debentures to th•- amount made, with power to
examine the chairman of directors, the directors and
auditors, the engineers, accountant, and other officers of
the company. and to cell for and examine all books,
paper, vouchers, and other documents. and that the cost
of such investigation be defrayed out cf the funds of the
company, and thet a special meeting be held on the 2Sth
of September next to receive and consider the report of
the committee, and that the consideration of the report
of the directors to this present meeting, and all other
busiress be deterred until such special meeting."
Mr. BALL seconded the amendment.

Mr. COLEMAN, the accountant of the company,
explained the accounts most satisfActorily to the:meet-
ing, and completely met the objections of the mover
of the amendment.

Mr TRIMMING deprecated inquiry, as calculated
to depreciate the pnperty of the omnpany.
After some considerable and irregular discussion,
The CHAIRMAN then put the!amendment, and upon
a show cf hands declared it to be lost, 9 hands being
hell up for it and 24 against it.

A resolution was passed declaring 65 shares for-
feited, after an attempt to obtain the names of the
parties holding those shares being defeated.
The following resolution was also carried :

That the directors be, and are hereby, authorised
to co: :tract with any parties willing to construct any
siding or branch from any part of the railway, and to
allow them the benefit of traffic brought to or trom such
siding over the railway."
The directors that went out by rotation were re-
elected after a short discussion, as were the auditors,
after an attempt to propose Mr. Heitman as one of
the auditors, which failed.

The usuai resolution for the remuneration to the
directors was carried, and after a vote of thanks to
the chairman the meeting separated.

BANK OF ENGLAND.
(From last night's Gazette.)
An Account, pursuant to the Act 7th and Bth of Victoria, cap. 32, for
the Week ending on Saturday, tho 24th day of Augu.t, 11350.
ISSUZ DEPAETTLENT.

Notes i55ued........ 30,216,870

Government debt .. 11,6i5,100
Other securitias •• • • 2,984,900
Gold coin and bullion 15,989,412
silver bullion ...... 227,458

X 30,216,870

£ 30,216,870
MARSHALL, Chief Outlier.
,s5O.
•Ermerlizu T.

Dated the 29th day of August, ll

DANKING D:
X•
Proprietors'eapital— 14,533,000
lt3st • •• • 3,23(1,561
Public deposits (In-
cluding Exchequer,
Commissioners of

,Government seenri-

ties(including Dead
Weight Annuity).. 14,430,317
Other securities •• 10 720,307
Notes •........... 10,593,710
Gold and silver coin.. 639,03

Z36,33;,953
M. ILA.RSILILL, Chief Cashier.
850.