The Sun.
London, England, 1827-10-17 00:00:00

GENERAL STEAM NAVIGATION
COMPANY.-(THIS DAY.)

A numerous and respectable Meeting of the Slorr
holders in the above Company, was held, this (114'
at the City of London Tavern, for extraordinsq

purposes.
Mr. ATTWOOD, M.P., in the Chair.
After some prefatory observations from the Clieir
man, in which he explained the objects of the Meet'
ing, and deprecated all angry and acrimonious dis'
cussion, • A
The SECRETARY read the report, which state'
that the meeting was called for the purposes er
plained in the advertisements, and in the circulaf
letters received by the proprietors. In the 0
place, it was for the purpose of laying before tie
Shareholdeis the state of the affairs of the Compaq;
secondly, for submitting to them the arrangement;
Which the Directors had adopted ; and thirdly,
filling up vacancies in the Directorship, al.'
Auditorship of the Company's accounts. The
Directors felt no necessity for entertaining vieo;!
more disadvantageous respecting the Compaq'
concerns, than were stated at the last half-yearli
meeting of August 22. On the 30th Septelo;
ber the balance due from the Company amounto
to 22,0001. and a fraction, but which tie
subsequent receipts had considerably reduced,
and which would be reduced, according t°
the best calculation the Directors felt capable f,
making by the close of the year—to about 1.5,004,'
Since the last general meeting the ProprietorsiP
sold the Nottingham steam-vessel for 7001., and were
now in treaty for the sale of the Waterloo ; these to
vessels being totally useless for the purposes of the
12Company.e3a0sFtehr
ofosn tllth,eesmicb4oelmi
bmtehyeenor cneedthtad tb
the eoae
init eagnss e
aa
upt tihn
of to
corresponding period of last year. The expences fot
the same period were 6,0001., and which left
a balance of 13,0001. and a fraction, with'
out any charge for insurance, or deterionv
tion of the vessels.—(Hear, hear, hear.)--The„,
Directors, however, did not think this very flatterill
in consequence of the reduction of the fares on the
Gravesend and Margate stations, which the Cor
pany were compelled to make from the opposition
of those stations. The net produce had beef:,
considerably less, and the expenditure 117,
much augmented, to what it otherwise would 101,1;
been, had that opposition not existed; but Wll
was understood to have proved as disadvantage°,
to the opposing party, as to this Company. On did
6th of September last, the Directors had receive'
and accepted of, the resignation of Messrs. liarveff:
Debuck, and Hall, the three gentlemen °J
whom the executive part of the Directorship Ilse
mainly rested. Whatever, therefore, had been Pn
~.
prudently or imprudently, respecting the concert;
was to be attributed to that trio. A fair trial of 0.3
management of the concern in the hands of a few loe
now been given, and from all that had transpired the
Directors felt it their duty no longer to place tr
management on such a system., They had, ther
fore appointed a Committee to make a thoroug,
yl lviehiacffioepiairs respecting the ComP/
mendedphal
ade
ebeaenngfoi
considerablevrenw
which
cht
and by the report of this provisional assignee, why,
investigation
the appointment of another establishment,oabl
that
as
tu survey es yu-mnanaodte
mbuyetihi the
xecnegie'dnienegrs;of
ende
tdtulahliirecepgrtoriCsoeenaotsmt Directors,himsneayivtthitieeirgeet,ccwhoetinooyornt ripnesoc:otoliv:::00:
more particularly than it. had been in their power
do into all the different minutice of the concert;
e
t
wCTioll prpeuast:ytl fvessels of the concern in a fit eonditi°
for commencing operations in the
ensuing season.
A PROPRIETOR congratulated the meeting 04,
satisfactory nature of the Report Just read.
Directors now appeared to go to work in refi
earnest.—(Heal, hear, hear.)—Hitherto the affolot
of the Company were conducted in a manner ot,i
much calculated to benefit the Company,and for 01,0
part he did not well know how the Directors coo,',
succeed in expending the 75,000/. received this ye;
unless they were able to apply the operation of ste,
in giving vent to it.—(A laugh.)—He concluded be
moving that the report be received, -and that tv
resolution adopted contain an expression of the Id'
fidence of the meeting in the future managemeo'r
the concerns of the Company, under the superinte
dence of the Directors. is'
The motion was seconded, and carried unn
mously.
Mr. Du BUCK then proceeded to read a sPeelf;
the object of which, he said, was to defend himse
he was desirous that a Committee of Proprie,t°.
should be appointed to consider the matter olr
tained in the Report.
Mr. HALL said that he would not have tresee
on the attention of the Meeting, but for an an°ll:
mous letter which had been sent to him.
The CHAIRMAN trusted the Hon. Director 1v0"
not enter into a discussion founded upon an anon:
mous letter.
le
Mr. HALL said, lie would not have alluded oti
letter if he did not know that the letter came fro! 4p
a Director.—(Cries of " Name, name.") I ogle
(continued Mr. Hall) that Director is Mr. Brocl‘
bank, and the Chairman is aware of the fact. 01
Mr. BENSON was convinced that no gentlen',4
would have recourse to the meanness of writ
anonymously.
Mr. HALL protested in his conviction that it "„ 54
from the quarter to which he alluded ; and hale
used the expression " anonymous assassin," ii
The CHAIRMAN again interposed, and said 0004
certainly knew nothing of any letter having referent,'
to the concerns of the Company, or to the conduct
any individual, as connected with it.
Several persons now expressed
tion to hear any thing further of the letter, or of t
etc
private affairs of Mr. Hall.
Mr. HALL would say nothing respecting henigr d
dilsein letter
but felt himself bound to declare his readiness to cu;.
any and every inquiry into his conduct, for
purpose of falsifying the imputations cast on it. c,
had been solicited by the Chairman to take 01,1:0
tive part in the management of the CompanY'
could not bring himself to sit in the same room ur.,,o'
persons who had given utterance to the char
which had emanated frOm certain of the Direct°
against him.
Mr. D. W. HARVEY next addressed the Meetit
and disclosed his intention of not interfering in te'
direction of the Company, if the proposed for
tion of a Committee of Management were pets
vered in.
eri
Mr. HARVEY then referred to a journey w-',Oll
Mr. Brocklebank had taken to Liverpool, in conlrf„
with Mr. Hall, to purchase vessels for the Coln*
The purchase was made for 15,0004, wad gum*
quently Mr. Brocklebank proposed to cet
Hall to sell the vessels, as he could gpe
4,0001. more for them than was given, and
recommended this proposition, adding, iOO
could put money in our own pockets,
is the Company to us ?—(Murmurs.) top'
Mr. HALL being called on stated that the cited'
stances related by Mr. Harvey, occurred.
:li/ce
Mr. BROCKLEBANK denied that any thing
what was related had ever occurred. of
A scene of unbecoming uproar, anti much Poll
tonal recrimination, then arose which was °01),
terminated by the Chairman insisting that the sj,
ject which had given rise to it should be droPPebee
The resolution for .adopting the report was t
put and carried by a large majority. 00
In answer to questions by two of 1100
Proprietors, the Chairman state a that lie 00
de not received the resignations of any of
Directors, and that none of the Directors
or
rived profit from sales of materials to the Cone,
A ballot was then commenced for the 11,0 to
Directorships, to which Messrs. Rob;nson and I'
were elected, and the Meeting adjourned. , ,

LIVERPOOL, OCT. 15.—The deman— nt,
Cotton, to-day, has been limited, And the sales Plll°4
only 800 to 1,000 bags,