The Sun.
London, England, 1842-11-15 00:00:00

COURT OF SESSION-STRATH-

" J. CUNINGHAME

GREAT WESTERN STEAM-SHIP.
An extraordinary general melting of the Share-
holders in the Great Western Steam-ship Company
was held yesterday at their offices in Prince's-street,
in consequence of the Committee of ten Shareholders,
appointed by the Proprietors, having communicated
to the Board of Directors the following resolution :
" That, it appearing to the Committee of Proprie-
tors it may not be desirable to complete the Great
Britain, the Directors be requested to call a public
meeting of Shareholders, to consider the situation of
the Company's affairs ; and that the Directors be fur-
ther requested to continue until the public meeting
the expenditure at the yard on a reduced scale."
Our Reporter, in common with those for the other
papers, applied in the usual manner for permission to
be present, but after waiting for some time, he was in-
formed that the Company had decided that the Press
should not be admitted.

For the following account of the proceedings, we
are indebted to the kindness of a Shareholder who
was present :
The business was commenced by the presentation
of a Report from the Committee of ten Shareholders
appointed at the general meeting in August last,
which was read by the Chairman of that Committee,
Mr. George Jones, who, in presenting it, said it had
been transmitted to the:Directors, accompanied by a
request that they would express their opinion as to
the advisibility of printing and circulating it among
the Shareholders, to which request no answer had been
received. The Report recommended the sale of all
the Company's property, and the winding up of the
concern. This led to a very lengthened debate upon
the affairs of the Company generally, in the course of
which much information was elicited. It was stated
that the liabilities of the concern amounted to 23,8181.
There was due on calls, &c. 17,0001., leaving a ba-
lance against the Company of 6,8181. That the
weekly disbursements in wages had been reduced
from 3671. to 300/. There was a complaint made of
the expenditure, in carrying on the buiiness of the
Company,.as being excessive. It was asserted that
Captain Hosken was paid a considerably higher salary
than any captain in the service of the West India
Mail Company, or Cunard's Line. Captain Claxton's
salary was stated at 3001. per year. The cabin fur-
niture of the Great 'Western was said to have cost
3,372/. ; her bedding and table linen, 1,130/. ; glass,
434/. ; and plate, 463/. Her total cost was 61,671/.
The Directors were opposed to carrying into effect
the recommendation of the Committee of Shareholders,
as being calculated to prejudice the interests of the
subscribers.

The Chairman, R. Bright, Esq., pledged himself,
as far as calculations could be made, that 14,0001.
would be sufficient to complete the Great Britain, in-
cluding the cost of the dock and expense of floating
her out, and also including her anchors, cables, sails,
&c. It was also stated that this sum of 14,0001. would
be reduced by 2781., the value of timber and stores
in hand. Mr. B. contended that the Great Western
was at the present moment yielding a •profit to the
Company, and that the Directors would not be justi-
fied in selling her for any price not considerably above
the highest bona fide bidding at the late attempted
sale. After a very lengthened and masterly address,
the Chairman produced a set of resolutions from the
Directors, which, after very considerable discussion,
led to a modified series, which were moved by Mr.
C. B. Fripp, seconded by Mr. Cunningham, and una-
nimously adopted, to the effect, Ist—That the Great
Western should resume her station in the spring,:un-
less in the interim she could be advantageously sold.
2d—That the Great Britain should be completed and
fitted for sea ; and, 3d—That a loan not exceeding
20,0001. should be effected in order to carry out the
foregoing objects.
Votes of thanks were then passed to the Chairman,
and to the Committee of ten, and the Proprietors se-
parated in much better humour than they manifested
at the commencement of the proceedings.—Bristol
Mercury.

THE MARKETS—(YESTERDAY.)
CORN EXCHANGE.
Last week, as well as for to-day's market, the ar-
rivals of English wheat have been very scanty, but of
fair average quality, especially as relates to those par-
cels from Kent. Although the stands were this
morning poorly supplied, the demand for all descrip-
tions of both red and white was, on the whole, dull ;
yet the currencies noted on this day se'nnight were in
most instances supported. We had a fair quantity of
fine foreign wheat on offer for which holders de-
manded higher rates, and thereby checked business.
However, the inquiry was firm at last week's quota-
tions. The supply of barley being small, that article
was taken offat rates quite equal to those noted on Friday.
Good new malt was quite as dear • but old parcels
were much neglected. The arrival of oats from Ire-
land being extensive, dealers held off in anticipation
of lower terms ; but the supply of those of home
growth being small, previous rates were supported.
Beans and peas were in dull sale, but we cannot call
them cheaper. Very littletkvas doing in either town-
made or country markets' flour.
CURRENCY PER IMPERIAL MEASURE.
ENGLISIL—Wheat, Essex and Kent red, 48s to
58s ; ditto white, 56s to 63s ; Irish red, 47s to 50s;
ditto white, 49s to 545. Rye, old, 34s to 365; new,
36s to 38s. Barley, grinding, 27s to 295; malting,
30s to 32s ; Chevalier, 32s to 355. Malt, SuffiAk and
Norfolk, 56s to 62s ; brown, 50s to 54s ; Kingston
and Ware, 56s to 62s ; Chevalier, 635. Oats, York-
shire and Lincolnshire, feed, 23s to 245. Potatoe, 25s to
26s ; Youghall and Cork, black, 17s to 18s(; Cork white,
19s to 20s ; Scotch feed, 21s to 23s ; Potatoes, 23s to
to 24s ;_ Beans, tick, 30s to 36s ; Peas, grey, 35s to
38s ; Maple, 33s to 34s ; White, 30s to 35s ; Boilers,
32s to 38s ; Flour, Town made, 46s to 48s ; Suffolk,
34s to 38s ; Stockton and Norfolk, 35s to 38s
per 280Ibs.
FOREIGN GRAIN AND FLOUR IN BOND.—Wheat,
Dantzic, 35s to 42s ; Hamburgh, 36s to 40s ; Barley,
20s ; Oats, New, 15s to 17s ; Feed, 14s to 16s ;
Beans, 20s to 265; Peas, 23s to 27s per quarter;
Flour, American, 23s to 25s ; Baltic, 22s to 23s
per barrel.
Rai VALS OF GRAIN IN LONDON DURING LAST WEEK
Wheat. lt.rlev. +.l, Flour
2,1( 3 ifs. 4,407 yrs. I 1,603 qrs 13,734 sauce
2 ,ri49

English

F,reign

7,5:.0 I -
SMITHFIELD.

I,OAI bits.

Since our report on this day se'nnight, the imports
of foreign stock for this market have been again very
limited, and, generally speaking, of very middling and
inferior quality. The uncertain condition in which
both oxen and cows have lately come to hand, has pro-
duced much caution on the part of the buyers, and it
is a well ascertained fact, that the prices
realised here have, in many instances, scarcely
exceeded those originally paid by the importers. In
by a steamer, from
to-day's market we had 22 Beasts,

BOGIE CASE.
In the conjoined actions of Suspension and inter-
dict and of Reduction, at the instance of the seven
ministers of Strathbogie (against whom the
,General
Assembly of 1841 pronounced a sentence of deposi-
tien), for the purpose of having that sentence sus-
pended and set aside, Lord Cuningliame, ordinary,
has . pronounced the following interlocutor. The
preliminary defences to which it applies were, that
the procurator, moderator, clerks, and agent of the
Assembly, were not proper contradictors to be called
as defenders ; that the actions were incompetent ; and
that the Court had no jurisdiction.
10th November, 1842.—The Lord Ordinary hav-
ing considered the Summons of Reduction and Note
of Suspension in these conjoined processes, with the
Preliminary Defences urged for the defenders, Re-
vised Cases, and whole processes :—ln respect that the
object of the actions, as set forth in the Note of Sus-
pension, and in the relative- Summons of Reduction, is
to have certain sentences or decrees of the General
Assembly of the Church of Scotland, dated 27th
May, 1841, suspended, reduced, and rescinded—
whereby the said Assembly deposed the pursuers
from their offices as ministers of the Gospel; and in
respect it is judicially averred in the face of the
avowed ground that the pursuers had given
obedience to the statutory law of the realm,
as expounded by the Supreme Civil Court,
and by the highest judicial tribunal of appeal, in
opposition to directions or orders to violate the law
given by a former General Assembly of the Church
of Scotland, or of Commissions assuming their powers;
and that it is farther alleged that the said sentence
proceeds also upon the ground that the pursuers had
appealed for redress to the supreme Civil Court of
Scotland, against certain decrees and sentences
said to be illegal and incompetent, pronounced by
the General Assembly for the time, or of Commissions
taking their
powers upon them : Finds, with re-
ference to the preliminary defences maintained for
the defenders, that this Court has jurisdiction to
afford the parties aggrieved by the proceedings
libelled on, adequate redress for the flagrant
wrongs complained of, by suspending and rescinding
the said sentence of deposition, if the pursuers shall
establish their allegations on the merits, in the
ulterior stages of the cause : Finds farther, that the
pursuers were warranted, under the urgent and un-
precedented circumstances of the case, and by the
forms and practice followed in suits in which the Ge-
neral Assembly or the Church had an interest, in
calling the different parties who have been cited as
respondents in the present suspension, and defenders
in the reduction—with the exception of Mr. William
Young, writer to the signet, the law agent of the
Church ' • of consent, dismisses the action against Mr.
Young, finding expenses due to neither party, and
decerns But quoad the other defenders, repels the pre-
liminary defences urged to the jurisdiction of this
Court, and to the citation of the defenders; and in
respect the defenders have intimated that they intend
to reclaim against this interlocutor, finds them liable
in expenses, in terms of the statute; allows an account
thereof to be given in, and remits the same to the
auditor to tax and report. -