The Sun.
London, England, 1842-02-23 00:00:00

the misguided efforts of well-intentioned men. —(Tory cheers. )
He was sure that some of them had retreated from their mis.•
taken line of conduct, and when he looked round he could not
but congratulate some upon their glorious retreats as the
most glorious of recorded victories.—(Hear, and immense
cheering, hooting, and laughter.) The Noble Lord who had
led that movement was beginning to perceive his error.—(Oh,
oh, and laughter.) The Noble Lord admitted, that
while the agricultural interest made no aggressions
upon the other interests of the country, it must.
constitute the leading party in Parliament.—(Tory cheers. )
But the adherents of the Noble Lord said that this was a
farming Parliament ; and under this present Constitution it
was impossible to obtain redress for the wrongs of the people.—
( Loud cheers on bath sides.) He asked, would the Noble
Lord follow the leaders of the downward movement
( Cheers.) Wouli the Noble Lord hold back and tremble
when pressed to join the democratic school of Parlia-
mentary Reformers ?_(Cheers, and cries of "
Whatever the Noble Lord did, or the new school to which
he long belonged, he (Mr. Escott) was resolved to
stand by the landed interest, which was well called the Eng-
lish interest—( Cheers)—and he would resist the schemes of
those who, by their conduct in this debate, showed their utter
incapacity to govern this country. (The Honourable
member sat down amidst loud cheering, and cries of "
divide.")

On the motion of Mr. EWART, the debate was adjourned.
The House resumed, and the CHAIRMAN obtained leave to
sit again to-morrow.

The House then Adjourned at Twelve o'Clock.

COURT OF ALDERMEN.
Yesterday a Court was held for the despatch of business.
BAPTISM OF THE PRINCE OF WALES.
Mr, FIRTH, of the Town Clerk's-office, read the following
official record of the reception of the Lord Mayor and the She-
riffs at Windsor Castle, upon the ceremony of the baptism of
the Prince oY Wales :
" The ceremony of the baptism of his Royal Highness the
Prince of Wales having been fixed to take place in the Chapel
of St. George at Windsor Castle, on Tuesday, the 25th day of
January, 1842, the Lord Mayor and the Sheriffs had the ho-
nour to receive, through the Lord Chamberlain, her Majesty's
gracious invitation to attend the same ; they were also further
honoured with invitations, through the Lord Steward, to the
dinner at the Castle after the Christening, and to a banquet in
St. George's Hall in the evening. Apartments were provided
for the Lord Mayor in the Castle, and for the Sheriffs at
Frogmore. In obedience to these commands the Lord Mayor
and the Sheriffs left London on Monday, the 24th of January,
and upon their arrival at Windsor Castle in their state car-
riages, were received by the Earl de la Warr, the Lord Cham-
berlain, who conducted them to the Waterloo Gallery, where
all the distinguished guests invited to the ceremony were to
assemble previously to their going to St. George's Chapel ;
and at the hour appointed the Lord Mayor and the Sheriffs, as
well as the other guests were conveyed to the Chapel in the
Royal carriages.
" At the dejeutter after the ceremony the Lord Mayor and
the Sheriffs retired to the apartments provided for the Lord
Mayor in Lancaster Tower, to which they were conveyed in
the Royal carriage, and after attending a -Levee, held by the
King of Prussia in the apartments allotted to his Majesty,
when they were respectively presented to his Majesty, the Lord
Mayor and the Sheriffs again assembled in the Waterloo Gal-
lery, and at the hour appointed proceeded to the banquet at
which her Majesty presided. They also joined with the other
distinguished personages in the Royal party in the drawing..
room, and after having drank bumpers of claret to tho health
of the Prince of Wales, attended the Court in the evening,
and quitted the Castle at half past eleven o'clock, and returned
to London on the morning of Wednesday, Jan. 26.
JOHN PIRIE, Lord Mayor,
WILLIAM MA GNAY' Sheriffs.
A. ROGERS,
OFFICE OF CORN INSPECTOR.
Upon the motion that Mr. Lcvick should be appointed to the
office of Corn Inspector, vacant by the death of his father,
whom he had ably assisted as deputy for many years,
Alderman COPELAND raised a question as to the propriety of
electing an Inspector pending the proceedings in Parlisment
on the subject, but stated, in consequence of the representations
of several members of the Court, that he would not make any
motion.

Mr. Levick was then unanimously elected.
The Rev. W. Way te was elected Chaplain of Giltspur-street
Compter, in the room of the Rev. W. Boddington, resigned.
The Court then adjourned.

MARYLEBONE BANK.
•
t A meeting of the Shareholders of this Bank was held last
• night at the Boar and Castle, Oxford-street, for the purpose
of receiving a statement of the affairs of the bank, and trans-
' acting other business relative to the accounts and prospects of
the Bank.
Mr. PARNELL was proposed, and took the chair.
The minutes of the last meeting were confirmed.
Mr. ABRAHAM said that since the last meeeting little
had been done in the affairs of the Bank beside
litigation on the part of the Directors against acme of the Pro-
prietors. With respect to Mr. Hannay's meeting, on 31st Ja-
' nuary, they (the Proprietors) fully expected that at that time
the accounts would have been gone in.o, and that they would
have been able to have ascertained what was the real position
of At-. Hannay's affair% They had had a communication with
Mr. Roy the day previously, and he simply stated that he had
a letter from one of the Directors in the country, stating that
a meeting of the Direction would be called in the course
of the week. Mr. Bebb and himself (Mr. Abrahams)
had seen the official assignee, who stated at that time that in all
probability the meeting of the creditors could be adjourned for
the purpose of giving time for investigating the affairs, and
Mr. Bebb received a letter from Mr. Hannay, stating that lie
should be most happy to meet him at the official assignee's the
following day, in order to look over the accounts. In conse-
quence of this note Mr. Bebb saw Mr. Hannay on the 29th of
January at the official assignee's, and they went over the ac-
counts, but they were not so explicit as they could have wished.
The official assignee said, that Mr. Hannay had been engaged
rimy days in writing the statement of his accounts, but they
were not sufficient:y plain, and therefore, an adjournment
must take place. Mr. Hannay was told that if he (I'd not pre-
pare his accounts, so that they could be understood, an ad-
journment would take place sine die. This Mr. Hannay' did
not seem to care much about this, for he said if it
was so it must be so. —( Hear, hear.) The offi-
cial assignee said, if Mr. Hannay did not produce
a satisfactory statement of his accounts, it would be of no use
to address the Commission for the purpose of naming a specific
day for the adjourned meeting. The meeting was ultimately
adjourned for three mouths. The Committee, upon considera-
tion, thought this was a reasonable time. Soon after the last meet-
ing four gentlemen were served with writs. Not from Ray and
Co. ; they were ashamed of the transaction ; but they were from
Mes rs. Richards and Walker. As soon as these writs were
served Mr. Bebb wrote a letter to Messrs. Richards and
Walker, asking them to continue their actions upon one bill
instead of the whole four, as by this means they would decide
the whole question without the additional expense. This
they refused, and shortly afterwards a declaration was issued
and placed ou the record, and this was the present state
of the bills. Mr. Bebb was defend:ng these actions
Mr. Abraham then read a letter from Mr. Ray, the Solicitor
to the Directors, recommending an amicable arrangement o
the affairs. He (Mr. Abraham) would tell them what their
expenses had been since August last, and they would see that
the Committee had net been very extravagant. The expenses
had not been paid out of the fund, but had been paid
out of the pockets of himself and of Mr. Bohte. Mr. Bohte's
account, as secretary, would be about 13/. or 141., and he
thought his (Mr. Abrahams) own was something like 111. or
121., and 201. for printing, and that was all. They had endea-
voured to save as much as possible. He concluded by moving
that the meeting at its rising be dissolved.

A Proprietor thought that an amount, say 1001. might be
granted to the Committee to defray these expenses.
Mr. ABRAHAMS said they could not pass a monied resole.
Lion without first calling a meeting by circular for the purpose,
with a week's notice.

Mr. REEK seconded the resolution of Mr. Abrahams, which
was carried.

Mr. DEEK proposed a resolution, to the effect that the Com-
mittee should be empowered to get in any accounts, and eater
into their examination, in order that they might be laid before
the Proprietors at the next meeting.
Mr. ABRAHAMS seconded the resolution, which was carried.
Mr. SALTER moved that the Committee should put them-
selves in communication with the Directors, in consequence of
the letter received from Mr. Ray.
Mr. WARD seconded the motion, which was carried.
The meeting shortly afterwards separated.

EASTERN COUNTIES RAILWAY.
A Special General Meeting of the Proprietors of this Com-
pany, was held yesterday, at the offices of the Company, Shore-
ditch, for the purpose of raising a sum of money by creating
new Shares, and also for declaring certain Shares to lie forfeited.
HENRY BOSANQUET, Esq., took the Chair, and in
doing so, said the meeting had been called at the
earliest moment subsequent to the, last meeting,
this being the first legal opportunity, after duo notice
had been given of the meeting. In order to put them in pos•
session of the details of the plan they intended submitting to
the meeting, for the purpose of raising the remainder of the
funds necessary to car, y them to Colchester, the resolution
prepared by their legal adviser, would be read. These pro-
ceedings would not have been necessary if they could have bor-
rowed tho money under the provisions of the Act of Parlia-
ment, viz., 2,300,000/.
Mr. HULL then read the resolution to the meeting, which
was extremely lung, empowering the company to issue new
shares.
Mr. HESILTINE, in moving the resolution, wished to ask
whether, if the money was paid immediately, there would be
a dividend allowed upon the new shares at the next distri-
bu ion.
The CHAIRMAN said that if the money was paid up in full
interest would be allowed up to the date of the last call, but
no dividend,would
.be allowed, because that would be unjust to
the other shareholders.
Mr. 1-lEsturtris—Then they will only participate in divi-
dends after July.
The CHAIRMAN—That is SO.
Mr. HESILTRUE then moved the resolutions, which were
seconded by Mr. ESDAI LE.
Mr. HAMILTON said it did not appear to him that their pro-
ceedings were being conducted with their usual fairness to the
debenture holders. The debentures were equal to 61. 6s. Bd.
paid up, while the Shareholders had paid up, but
hi. Os. Bd., yet the Shareholders were entitled
to the same amount at the distribution as those who had
paid 8/. Os. Bd. This was giving to the Proprietors a great
advantage over the debenture holders, although they had
paid up 30 per cent. less. He thought, therefore, that in
fairness the last call on the shares ought to he made, and
slim they would all stand on an equality. If this course were adopted and the immediate payment demanded, instead
of their beirg in the receipt of 50,0901. they would be receiv-
ing 200,000 e The Hon. Gentleman concluded by urging upon
the Directors the necess.ty of making the last call of 2/. upon
the Shareholders.
The CHAIRMAN said the question had been under consi-
deration for some time, and they had come to the determina-
tion of not making the call, as the old Shareholders had borne
the battle which the Company had been fighting for upwards
of seven years. —( hear, hear. ) If they made this call they
would not get what they wanted, as that would only realize about
40,0001. or 50,0001. He would state two facts in reference to
this subject. The 13irmingham Railway had not made their
Last call, and the Great Western had only called 651. out of
every 1031., and yet they were borrowing money and increasing
their stock. The Company had done all in their power to
keep faith AA ith the debenture holders, and they would do so still.
Mr. KENNEDY wished to ask when the interest would com-
mence on the new shares ?
A r. HALL said it would commence on the 4th of July, and.
on the 4th January next a dividend would be declared with th 4
oti..er shares.
Mr. HERBERT wished to ask whether it was the intention of
the Company to make any call upon the 24 per share not
paid up during the time the new shares were being paid up.
The CHAIRMAN said the question had better not be pressed
at that time, and it was withdrawn.
The resolutions were then put :.nd carried.
A PROPRIETOR said he had noticed in the Railway Times
a paragraph stating that a reduction had taken place in the tolls
upon the railway from 4d. to 2%d. ; and he wished to know if
such an arrangement
.aidh had thate been entered
egia iti ti into.ot
The Cat A I.l:Ma Nhad been entered
into between the Company
and the Northern and Eastern
Company respecting
the tolls on goods, which had been arnica.