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

low citizens; they were, however, not there that JO
to deal with them in their individual and poi-
tonal character, but in their corporeal capacity, end la
what he was about to say not a word should map*
his lips personally disrespectful to them. He had
given to the reading of the Report his best attention,
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 matter, and such a
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 mo-
ment.—(Hear, hear.) He would therefore move a
resolution to the effect that the consideration of the
Report sboald be adjourned to that day week at one
o'clock.
J. MONTAGUE, Esq., seconded the resolution.
Mr. POYNDER trustd, before the motion was car-
ried, +be Proprietors would be informed whether it
was the intention of the Directors to have the Report
printed and circulated among the Proprietors.
Dr. BOWRING, 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 tc
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 anal
ous
attention to the interests oftohpeedPrtohperietors.
Proprietors, if
Captain SWEET, R.N., h
the adjournment took place, would requireairs!norlet
full account of the state of the Company's affa
was his belief if the expenditure was such as had beers
stated, compared with the income of the Company,
that it never conld succeed.—(Cries of " No, en."l
It was his decided opinion, that 500,000/. e_yettc.
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. Lieciss then agreed to the suggestion of'Dr.
Bowring, and the resolution, as amended, was agreed
to unanimously.
Colonel Sumer 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 Coevieee, Esq., Deputy Chairman, said
that the Directors had received two representations of
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. Lieeies, 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 ulter
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 meeting on Wednesday next. Ile 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 depreca.tial 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. Ile;
thought the bye-laws with respect to the Directcrg
had placed them in a false position, from which
could not relieve themselves without giving up their
places, and leaving it to the Proprietors to sa.y
whe-
ther they would re-elect them. Another provision •ef
the bye-laws that required attention was, that thi:
rectors should meet once a month ; now that he did
not think sufficient ; they ought, in his opinion, tts
meet at least once a week.

The CHAIRMAN wished the Hon. Proprietor to
understand that for the last two years there had 'Oeen
—ors(l whoiear '
halcileahr.a)d matters) He., would
every day a Director in attendance, and that thrq had
had
time Boards every
made sacriCces of their
tanddirtanoo"da'trnid attention,
t of
atotte thette
ntion, Directors
such as he believe:l had never be-
fore been made by the Directors of any other Com-
pany in the kingdom.
Mr. Licwaris did not wish to impute anything tc..
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. BowaiN° suggested that copies of the bye-laws.
should be printed and circulated among the Proprietor..
A. COLVILLE, Esq., Deputy Chairman, observed
that with respect to the going out of office of tk.e
Directors they had thought it their duty to obtv;dothe
sentiments of the Proprietors at the present Ine,,fting
as to the course they had pursued before doing's°, and
that having done that, it was then their intvation to
call another meeting, at which it was their intention
to place the trust reposed in them in the hands of the
Proprietors. Ire .could assure the meeting that there was no desire on the part of the Directors to act iI
any manner inconsistent with the interest of the Pro-
prietors.—(Hear.)
After some further discussion the motion was with-
drawn.

Mr. HODGIUNSON wished the Directors to lay be-
fore the Proprietors some statement relative to the
ships that had been contracted for to be bdilt at BristoL
A. CoLvrid.F., Esq., said that the ships had not
yet been finished, in consequence cf the embarrass-
ment of the contractors; the materials, however, had
been taken possession of by the Company, and persona
had been employed to complete them.
Mr. HODGKINSON wished to know whether the
Company had lost anything by the failure of the con—
tractors ?

Mr. COLVILLE, said that various paymentshtandely.
'eet:
made to the contractors, but when they could, no
longer proceed with the ships, as a matter of nerjess" itv
the Company were obliged to take the fur
nagement in their own hands; as to whetlier there
had been any loss, it was difficult to state
till s
tlemmit of the accounts. _

ships at Bristol being in possession
Mr. LIGG INS wished to know whether there was
laspantoyt.hc'
the Solicitor to the Compnv
yNARD,
every precaution has been taken on
Nat subject, and the assignees of the contractors ha v -
Noafnonyi‘thiedre.o.,m(::iloint
never made any application on the subject.
The SECRETARY observed that the ships were,to
gistered in the name of the Company, and one •NnulA
tever ;
go out with the next spring tide.
f actory
Mr. LIGGINS considered th ex
e l t'
p ana ion most satis-
.
The meeting then adjourned till Wedwesde y next a
one o'clock.

DUT jpApßßs.
THE HAGUE, SEPT. 16.—His Mad'esty 'the King
returned today from Cologne
i. by wily ofyilburg.
IVIEMAR, SEPT. 13. Royal Highness the
Hereditary Grand Duke will not set out for the
Hague till next week. His marriage to the Princess
Sophia of the Netherlands being put off till the Bth
of October.
His Royal Highness the Prince of Prussia is to ar-
rive at Coblents to. morrow.
THE HAGEX, SEPT. 19.—The Count de Soufft
Pelsach, Austrian Minister at our Court, has returned
from his Visit to Johannisberg.
On Thursday and Friday a flotilla of 46 boats left
Kahvylc for the herring fishery.
ItorrEaDAm, SEPT. 7.-IVe learn that the police
yesterday arrested two persons of the name of De
Graven, father and son, one living at Antwerp, the.
other here, for having put in circulation forged
coupon.

The abolition of slavery and dealing in slaves :in
the East and iu the States of Barbary is being strenu-
ously promoted by the Consulates of Tunis, Tripoli, and
other ports of the Lovant. In order to second the en-. deavours of these gentlemen, Mr. Richardson, editor
of the Malta Tunes, has formed at Malta an Abolitionist
Society, which reckons already a great number of mem-
bers. Several meetings have been held, and at one, on
the 24th ult., at Malta, the clergy were invited to concur
in the praiseworthy object of the Society. Vote!' of
thanks were agreed to the Bey of Tunis and the African
Institution at Paris, and also an address to the Queen of
England.

72
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