The Sun.
London, England, 1842-09-22 00:00:00

low citizens; they were, however, not there that day' to deal with them in their individual and per-.
sonal character, but in their corporeal capacity, and in what he was about to say not a word should escape
his lips personally disrespectful to them. He had.
given to the reading of the Report his best attenti-m,. and had no doubt many of the Proprietors had done
the same ; and if they had, he felt at once they would.
concur with him in opinion that it was not desirable'
to arrive at a hasty conclusion upon' that document ;
it contained so much important limiter, and such i
mass of valuable detail, that he thought it would be
unadvisable on the present occasion to Come to a de
cision upon it.—(Hear, hear.) There were other
matters that pressed upon their :attention at the pre-
sent moment, which he thought might be considered(
with more benefit than the Report at the present /00-
ment.—(Hear, hear.) He would therefore move a
resolution to the effect that the consideration of the
Report shoald be adjourned to that day week at one
o'clock.
J. MONTAGUE, Esq., seconded the resolution.
Mr. I'OYNDER trusted, before the motion was car-
ried, the Proprietors would be informed whether it
was the intention of the Directors to have the Report
printed and circulated among the Proprietors.
Dr. 13owarao' M.P., trusted the Hon. Proprietor
would amend his resolution by proposing that the
Report should be printed and sent round to all the
Proprietors.
The CHAIRMAN observed, that on the part of the
Board of Directors they could have no objection to
the printing and circulation of the Report. They had
contemplated such a motion, and most cheerfully ac-
ceded to it. With respect to the plan they had adopted
the same course. The Directors had but one object
in view, and that was to endeavour to carry out the
principles most beneficial to the Proprietors. In doing
that they had not slumbered ; and if they had failed, It
was not for want of industry or sedulous and anxious
attention to the interests of the Proprietors.
Captain SWENY, R.N., hoped the Proprietors, if
the adjournment took place, would require a more
full account of the state of the Company's affairs. It
was his belief if the expenditure was such us had beers
stated, eompared With the income of the Company,
that it never could succeed.—(Cries of " No,
no.")
It was his decided opinion, that 500,0001. a-year
would not meet the expenses of the Company ; and.
if such was the case, it must be apparent to every one
that it was impossible they could maintain their po-
sition, unless the Government came boldly and man-
fully forward on their behalf.—(Hear, hear.)
Mr. LIGGINS then agreed to the suggestion of Dr.
Bowring, and the resolution, as amended, was agreed
to unanimously.
Colonel SHORT observed, that a report had got
abroad that an altercation had taken place between
the Governor of an island and one of the midshipmen
on board one of the Company's vessels, and that upon
the occasion of that altercation the Governor had
thrown the midshipman overboard, and upon his re-
gaining the vessel he had acted in a similar manner.
He wished to know whether such was the fact ?
ANDREW COLVILLE, Esq., Deputy Chairman, said
, that the Directors had received two representations of
I the affair, and those accounts having shown a consi-
derable discrepancy, the Directors had sent out both
representations to the gentleman making the com-
plaint, in order that he might have the opportunity of
replying to them, and when the vessel returned, the
Directors would make inquiry into the subject. Until
that took place, no determination could be come to
on the subject. This, however, he might say, that it
was the determination of the Directors not to allow
any person in their service to be maltreated.—(Hear.)
Mr. LIGGINS, presumed that the Proprietors had
met for general business, and that it was not the in-
tention of the Directors to restrict the Proprietors to
the discussion of the Report. He only wished, as
that subject had been adjourned fora week, to call the
attention of the Proprietors and Directors to the
charter and bye-laws, as it was his opinion that they
ought to undergo some revision. As the bye-laws at
present existed, no Proprietor who had less than
five shares could have any voice in the approval or
rejection of any proposition that was brought for-
ward. Such a state of things ought not to exist.
Another proof was, that, under the covenant of the
charter, the Directors had alone the power to alter
the bye-laws. Now that, in his opinion, ought to
lie with the Proprietors; and he thought, therefore,
that some revision should be made in that respect
before the inee.ting on Wednesday next. He thought
power ought to be given to every Proprietor, even if
he had only one share, to vote and be present at all
the proceedings of the Company. Another incon-
sistency in the bye-laws was that persons being
at Boulogne, or on the Continent, could vote
by proxy, while a Proprietor who was at
Bristol, Dublin, or Liverpool, could not. Then,
with respect to the election of Directors the bye-laws
required revision. He deprecated no meeting having
been called in 1841, because he believed if one had
taken place, and the Directors had asked for the
counsel and advice of the Proprietors they would not.
have been in the situation they were at present. He
thought the bye-laws with respect to the Directors
had placed them in a false position, from which they
could not relieve themselves without giving up their
places, and leaving it to the Proprietors to say whe -
.
ther they would re-elect them. Another provision of
the bye-laws that required attention was, that the Di-
rectors should meet once a month ; now that he did
not think sufficient ; they ought, in his opinion, to
meet at least once a week.
The CHAIRMAN wished the lion. Proprietor to
understand that for the last two years there had been
every day a Director in attendance, and that they had.
had Boards every week.—(Hear, hear.) He would,
add to that, the Directors who had had matters of
their own to attend to, had made sacrifices of their
time and attention, such as he believed had never be-
fore been made by the Directors of any other Com-
pany in the kingdom.
Mr. LIGGINS did not wish to impute anything to
the Directors, but thinking the bye-laws in every re-
spect arbitrary and intolerable, he should move for
their revision.
Captain SWENY seconded the motion.
Dr. BOWEING suggested that copies of the bye-laws
should be printed and circulated among the Proprietors.
A. COLVILLE, Esq., Deputy Chairman, observed
that with respect to the going out of office of the
Directors they had thought it their duty to obtain the
sentiments of the Proprietors at the present meeting
as to the course they had pursued before doing so, and
that having done that, it was then their intention to
call another meeting, at which it was their intention
to place the trust reposed in them in the hands of the
Proprietors. He could assure the meeting that there
was no desire on the part of the Directors to act in
any manner inconsistent with the interest of the Pro-
prietors.—(Hear.)
After some further discussion the motion was with-
drawn.
Mr. HODGKINSON wished the Directors to lay be-
fore the Proprietors some statement relative to the
ships that had been contracted for to be built at Bristol.
A. COLVILLE, Esq., said that the ships had not
yet been finished, in consequence of the embarrass-
ment of the contractors ; the materials, however, had
been taken possession of by the Company, and persons
had been employed to complete them.
Mr. Honomasost wished to know whether the
Company had lost anything by the failure of the con-
tractors ?

Mr. Cot VILLE said that various payments had been
thereaw as made to the contractors, but when they could no.
longer proceed with the ships, as a matter of necessity-
the Company were obliged to take the further ma-
nagement in their own hands; as to whether there
had been any loss, it was difficult to state till the set-
tlement of the accounts.
Mr. LIGGINS wished to whether
know
any doubt as to the ships at Bristol being in possessionL
of the Company.
Mr. MAYNARD, the Solicitor to thQ Coin
None whatever ; every precaution has been taken
that subject, and the assignees of the contractors ha v
never made any application on the subject.
The SECRETART observed that
gm • tered in the name of the C the ships were re-
go out with the next spring tide
ompany, and one would.
Mr. LIG the GINS considered*
factory.explanation most satis-
The meeting then adj
one o'clock. ourned till Wednesday next at

l' LONDON PLORI 0
Tuesday-
CULTURAL
sociETT._ n
I the fifth annual show of the London Floricultural So-.
ciety was held at the Crown and Anchor Tavern,.
Strand. The flowers were arranged in the long roami
of the tavern. The show consisted entirely of dahlias„
one of which, a remarkably splendid specimen, called
the " Essex triumphant," of a fine dark maroon co-
lour' nearly approaching to black, was purchased by-
Mr. Brown, of Slough, at the extraordinary price of
100 guineas. The flowers were arranged in classes,
and the judges, Messrs. Davis, Bragg, Cook, Mount-
joy, and Smith awarded the prizes to the successful!
exhibitors as follows :—Amateurs, first prize, Mr:.
Bragg ; second do., Mr. Cook; third do., Mr. Prock-
ter. To the second class of amateurs, first ' prize, Mr..
Wildman • second do., Mr. Headley ; and third, Mr
ouserethOndtotoAAllrr..GleVrediintiga.l, third
to /%ir
Noakes. To professional florists the first prize was
present year.
UNION.--It 1.5 said that the con-
awarded to Mr. Brown,OMS f,
show
OGI%IrE,
ni.sm
tAhNe Stewart,lcas utso
fen- flees of the Commissioners of the German Customs-
Union at Stutgard, are drawing to a close, and will pro-.
1 bably not be protracted beyond the 24th of September::
the questions already decided are in the press. It is.
asserted that the Commissioners have not suffered them-
selves to be led to a system of prohibition into Oafs.
some localities and certain German journals desired to'
force them ; and that they have made very few changes-
in the tariffof the Union. Among other things we hear--
and this is a point in which Belgium is much interested--
they resisted the importunities of the iron manufactur..
ers, who demand a much higher protection for their
trade than it at present enjoys.