The Sun.
London, England, 1842-01-21 00:00:00

• (Hear, hear.) As to the personal altercations between
the Directors and Sir I. L. GoldSmid, he thought the
less of law they had the better. He thought, if they
could not agree, the better way would that the matter
in dispute should be settled through the medium of some
disinterested gentlemen.—(Hear, hear.) As to the
election of Directors, he thought the Board, in case of
a vacancy, ought to hare the power of filling up the
void, but that that appointinect should be subject to
the approbation of the next general meeting.—(Hear,
hear.) As to the deficiences of their late Secretary, he
thought if proper care had been taken in calling upon
him to give security to the amount of one year's salary
it would never have taken place. With respect to the
great outlay that had taken place; however it had arisen,
it was an awful thing for the Proprietors to look at. he
thought the Proprietors ought not to be placed in the
situation they were that day, namely, that of being
called on for more money, and told if they did not fur-
nish it die concern must be broken up.—(Hear, hear.)
He thought they ought to have the fullest information
on the subject.—(Hear, hear.) If ever there was a
case that called for inquiry—not an inqniry tainted with
suspicion—it was the present.—(Hear, hear.) Under
these circumstances he coincided with the Hon. Pro-
prietor who had moved the adjournment of the meeting
fur the purpose of that inquiry taking place. He be-
lieved the Directors bad made the best Report they
could, but he thought the Proprietors were hound to
inquire into it.—(Hear, hear.) His only object in
making the observations he had done, was to keep the
Railway well with the public. Property to the amount
of millions depended upon the mode in which the Di-
rectors acted that day.—(Hear, hear.)
Mr. PARSONS could assure the meeting, that he had
not made the motion he had done from any vindictive
feeling.
The CHAIRMAN felt sure of that. He begged to
assure the Proprietors that in what he had stated he
had only the interest of the Company at heart. If it
would meet their views he would say for himself and
the other Directors, that they had no objection to a
Committee of four or five Proprietors being appointed
to examine the accounts, to whom every facility should
be given ; and if, after that examination, it was consi-
dered necessary to call a special meeting, such a step
could be taken ; but be was afraid, if they adjourned
the present meeting without making' provision for
the two sums that he had named, it would throw
suah a damper upon their proceedings as would
render it impossible for them to go on.—(Hear, hear.)
He wished every Proprietor to be made acquainted
with the whole concerns of the Company, and he
thought the course he had pointed out sould put them
in possession of all they required. He trusted that the
meeting would come to a vote enabling the Directors
to raise the two sums he had mentioned.
Sir Isaac GOLDSMID denied that he was actuated by
any vindictive feelings in the course he had pursued.
He could assure the meeting ho meant no offence to any
one of the Directors. All he was anxious for was, hav-
ing so large a property at stake, that the fullest inquiry
should take place.
The CHAIRMAN would propose that Mr. Moseley
and four other Proprietors should be appointed a Com-
mittee.

Mr. L. MOZELEY would have been most happy to
hi've been one of the Committee, but his residence at
Liverpool, and his avocations there, would prevent him
from performing the duties of the office in person, and
he never did anything Ly deputy.—(A laugh.) He
thought the Proprietors had too good an opinion of the
Directors, notwithstanding any apparent neglect on
their part, to deprive them of the means of paying their
debts.—(Hear, bear.) But he must disapprove of con-
firming an act of which every Proprietor did not know
the particulars.—( Hear, hear.) He thought they ought
to consider that day what was the smallest amount that
would be necessary, and he would at once agree to giving
the Directors that.
The CxAtuazaN said that the Directors, in asking
the meeting to provide for the two sums he bad men-
tioned, did not ask more than they required. Those
two sums together would amount to 270,0001.
Mr. MOZELEY—WouId 200,0001. be enough ?
The CHAIRMAN—It would not.
Sir I. GOLDSMID wished to know whether it would
not be better at once to raise the 185,0001. by calling
for the 5/. shares ; or were the Proprietors to have a
pledge from the Directors, if they enabled them to
raise the amount they required, that they would not call
for the .5/. ?
The CHAIRMAN had no hesitation in saying, that, if
the meeting gave the Directors the means of procuring
the two sums be had mentioned, they would not call
upon them for the .5/. shares. .
Sir I. GoLDssnu—Never ?

The CHAIRMAN-=-Certainly, never.
Mr. PARSONS had no idea, in bringing the motion
forward, of placing the Directors in any difficulty as
to present payments. With respect to passing the ac-
counts, ho thought it would be far better to raise the
money for the London-bridge terminus, provided by the
Act of Parliament, and the 185,0001. on the Si.
shares, than to pass those accounts, because they would
then be acting upon Parliamentary grounds. He did
not mean to say the accounts were inaccurate, but be
wanted inquiry into them, in order that fair data
might be formed for their future outlay. He would
rather adopt any course than pass those accounts.
The CHAIRMAN said, it was for the meeting to de-
termine as to the means by which the money was to
be raised. All that he wished was, that it should not
be said hereafter that it was the Directors who had
made the 5/. call. It was essential, for the interests of
the Company that the money should be raised ; and
he thought that it would be found that the mode sug-
gested by the Directors would be easiest to the
Proprietor?.

Sir I. GOLDSMID thought it would be much better to
take the 5/. at once than use any debenture notes.
Mr. WALEY thought the Proprietors ought to
think deeply before they adopted a measure that might
tend to destroy their property. He thought the better
course would be to adopt the course proposed by the
Chairman.

The CHAIRMAN said he bad just been informed that
the result of adjourning the meeting would be to close
the transfer books ; it was therefore desirable that such
a step should not be taken. What, therefore, he
would propose, was to withdraw his motion for the
adoption of the Report, that subject being adjourned to
a future day, and that if it was found necessary by the
Committee to be appointed to examine the accounts, to
have a meeting on u future day, that such meeting
should be call-d within a month. If the meeting agreed
to that proposition, they would then proce2d to consider
the best means to be adopted to raise the money re-
quired.

Sir I. GOLDSMID would not oppose the motion for
raising the money, as it was clear the Company must
pay their debts.—( Cheers.)
It was then moved by Mr. WALEY, seconded by Mr.
PARSONS, and carried unanimously, that the Directors
should have the power to raise 300,0001. upon loan
notes, with the option of shares. (Fur the resolutions,
see our advertising columns.)
Mr. Parsons, Mr. Lewis, Mr. Brown, Mr. Shuttle-
worth, and Mr. Thompson, were appointed a Com-
mittee to examine the accounts of the Company. They
were to have the assistance of an accountant, if neces-
sary, and it was agreed that they should meet this morn-
ing, at twelve o'clock at the Company's offices.
A resolution was then carried, declaring certain
shares forfeited.

The Directors who went out by rotation were c-
e!e,ted, and after a vote of dunks had been carried to
the Chairman, the meeting scp trate&

IRELAND'.
CITY OF DUBLIN ELECTION.

DUBLIN, JAN. 19.—The writ arrived this day, and in
fire minutes after its delivery to the Sheriffs, tho notifi-
cation of those functionaries was placarded, fixing the
election fur Monday next. Four clear days are required
by law, after the arrival of the writ, but the Sheriffs, in
order to precipitate the election, have counted Sunday as
one " clear day."
The second memorial to the Government, forwarded
by Sir John Power two days ago, has not been answered
by Lord Eliot, nor has his Lordship even observed the
courtesy of acknowledging its receipt. That memorial
set forth facts which would have rendered it impossible
for the Government, with any semblance of fair play, to
have continued the present Sheriffs. Another letter from
the agent of the lteformers, Mr. Smith, was forwarded
to the Castle this forenoon, referring to the records at
the Castle for proof that it has been the habit of former
Governments to swear in the Sheriffs of counties early in
January—thue proving that the pretext of the Viceroy
for delaying the swearing in of the new Sheriff, Sir
Edward Boroagh, until the middle of February, is not
according to precedent. But no reply has been sent either
to this letter of Mr. Smith, or the communication of Sir
John Power.

In the meantime the old corporation Sheriffs have
issued their proclamation, with post-haste, fixing the
election for Monday.
It is quite evident that the Castle authorities are de-
termined to carry everything with a high hand ;I'and the
ultras boast to-day that the hundreds of freemen, or
rather pretended freemen, admitted by the late Lord
Mayor on the last day he had been in office, will be
brought up and allowed to vote iu the teeth of the ex-
press provisions of the law.
The Reformers enter upon the contest with fearful
odds against them—Government and official intimidation,
and foul play of every kind. But the friends of Lord
Morpeth relax not iu their exertions, but become the
more energetic in proportion to the formidable obstacles
they have to encounter, and they are still full of confi-
dence that victory will crown their labours in the
good fight.

STRANRAER.-Some weeks since a call having
been given to the Rev. Mr. Cochrane, of Edinburgh, to
become helper and successor to the Rev. David 'Wilson,
in the parish church here, a petition was forthwith sent.
off to Sir James Graham, (the presentation belonging to
the Crou n), for his approval of tho call. A few days
ago a letter was received by Mr. Wilson from Sir James,
wishing to know his age, and if he was still able to per-
form the duties of the parish. To these queries. Mr.
Wilson returned such answers as brought back from Sir
James a decided refusal to sanction Mr. Cochrane's
settlement in *framer.