The Sun.
London, England, 1845-08-29 00:00:00

THE SUN, _LONDON, FRIDAY EVE. INC, AUGUST -29, 1 Qs.

low 53s 54s ; strong working sugars are proportionally the
dearest at present. For public sale kon Tuesday 100 hhd,. of
Barbadoes, 7,200 bags of Bengal, and 100 baskets of Java sugar
are declared.
RgriNsn.—To-clay there was only a limited business trans-
acted in refined goods by the home trade, 65s to 65s 6d taken
for brown, and 66s 6d to 67s for standard lumps; the market is
well supplied. Bonded Crushed Sugar is little wanted, still
prices cannot be quoted lower.
MAURITIUS.—This afternoon Mauritius Sugar met with
less attention, and at a public sale of 3,070 bags the biddings
were languid, prices declined 6d to is per cwt, but the whole
sold at and after the sale—good yellow at 51s 6d to 525, good
mid 50s 6d, mid 48s to 50s, low 46s to 475, fine brown 44s 6d
to 45s 6d, good 43• to 445, mid 4ls to 424, low 38s to 40s, mid
grey 46s to 47s 6d, good 48s to 495, washed 37s 6d to 50s 6d,

Price.

Price.

and syrupy 39s to 47s per cwt.
EAST INDIA.—This afternoon 832 bag. Penang sugar, sub-
ject to 18s 8d duty, sere submitted to public competition, and
sold at about the former value, but wt+ hoot b, iskness— good
strong greyish yellow went at. sOs 6d to 525, mid 48s to 491,
damp 46s 6d to 53t, washed 46- to 49 6d, very low 41s to
41s 6.1, ord &nip brown 39a 6d to 4os 6d, and mtddliug 42s
per cwt:

I FOREIGN.— Holders of Foreign Sugar still supply the
market scantily with every description, notwithstanding the
stiff rates that prevail, and which are higher than for several
yet rs. N.ine has again been submitted to public competition,
and arrivals continue to be small from all quarters. There are
several buyers cf yeilew Hevannah, and they are disposed to
pay former rates, but not above ; business however has
been checked by the scanty supply at market. For Porto
Rico prices remain at 24s 6d to 26s per cwt, but the supply falls
short of the demand. Brazil has been sought after by ex-
porters, and our refiners working under bond. An opinion is
current that prices generally have arrived at their highest point
for Foreign and Foreign East India Sugar, notwithstanding the
reduced stock in this country, and the limited quantity there is
to arrive for the remainder of the year.
MOLASSES —The demand has fallen off for West India, and
although merchants are disposed to submit to rather lower rates
still little business has been transacted in any description.
Some parcels have arrived, still the stock is considerably less
than it was last season. The value of Bengal Treacle is l7s
to 17s 6d per cwt, but little has beed done this week.
FRUlT.—Currants are offered at 45s to 46s for Zante and
Cephalonia, and at 46s to 48s for Patras, still very little busi-
ness has been done on account of the favourable adviees re-
ceived for the crop, and arrivals of new being likely to be un-
usually early this year. Raisins have been purchased with
caution by the home trade. The crop is likely to be unusually
large this season, and the quality remarkably line.
COFFEE.—A fair demand has been experienced for middling
and superior qualities of West India by private treaty, and the
supply being small, prices continue firm ; indeed the quantity
at market is insufficient for the wants of the trade, but ordinary,
fine and fine fine ordinary qualities have been purchased with
caution, although there are sellers at a decline on former rates
of is to 2s per cwt. This afternoon there was no public sale
of any kind of Coffee, and the purchases made privately were
to a small extent only. The value of good ordinary Ceylon is
47s to 47a 6d. per cwt.
TEA.—The rates previously established for Congou have
been supported, and a good demand has been experienced by
private treaty. To-dey several purchases were made, and
Congou fetched stiffer rates, 91,1 d to 10d being made for corn
mon, and 100 for good common. For Green Tea no improve-
ment in prices can be qnoted.
COCOA.—West. India at- present cannot generally be had
upon lower terms, but there is a pause in the demand oc-
casioned by the arrival of a large parcel of Trinidad ; at auction
50 bags of Trinidad were sold, middling red at 46s 6d, middling
dark red 455, and low 43s to 44s per cwt, being however,
rather cheaper. Foreign fully supports former rates, and there
are still several buyers.
SPICES.—BIack Pepper is less wanted, but holders are not
inclined to give way, and the parcels lion privately were
upon former terms. White is, however, still wanted, and
several transactions have taken place privately at 4id
to 6d. There are many buyers of Pimento, and the
rates paid privately are fully equal to those previouly quoted.
In Jamaica Ginger there has been little business done.
Gf East India some parcels have been taken privately upon
former terms. For Cassia Lignea buyers are compelled to pay
stiffer rates; the supply being inadequate for the demand. For
Nutmegs several inquiries have existed, and the par-
cels sold privately were at stiffer rates. Mace is firm
in price, and in good demand by private treaty. Cloves are
wanted, and the lowest price of Bourbon is now 9d. For in-
ferior
and coarse kinds of Cinamon prices rule as low as ever
with a large stock in first hands, but good and fine sorts are
still in fair request, and fetched last sale's rates to a small
advance.

RlCE.—There has been more activity in the market for
Bongal this week, holders have shown firmness, and refrained
from offering any at public sale ; privately a fair business
been transacted at improved rates. There are not a great
many buyers of Foreign East India, but the supply
being scanty, prices rule high, and Madras is worth 12s to 133
per cwt. In Patna a good business has been transacted at 18s
to 235. but Carolina has been purchased with caution in conse-
quence of the high prices of 314 to 36s per cwt being insisted
upon.

Rum, BRANDY, AND HOLLANDS.—The arrivals of all de-
scriptions of Rum have been upon a more extended scale since
this day week. For Jamaica prices cannot be quoted lower,
but the home and export demand has become limited, the
purchases this week amounting to only 100 puns. Lee-
ward Island has met with increased attention, and stiffer rates
are obtained. The quantity sold amounts to 250 puns.
Demerara has been in good request, and the best sort fetched
stiffer rates, all other kinds fully sustain the former seine.
Calcutta is held with firmness, and a fair demand has been
experienced. For brandy the market has still an improving
appearance, a large business has been transacted at
higher prices. The accounts received from France
are still unfavourable for the vintage. Geneva is fetching Is
I lid to 2s for shipping, and fine for home consumption 2s 3d
to 2s 8d per gallon. British Corn Spirits, lOs 2d per gallon
nett cash.

INDIGO.—The quarterly sale of East India is fixed for the
7th of October, already the immense quantity of 15,198 chests
are declared, with every prospect that it will be increased to
19,000 chests; the market in consequence has become unusually
dull, and although there are sellers at prices rather under those
of the last quarterly sales, still there has been scarcely any de-
mand for the home trade or exporter..

COCHINEAL.-Prices cannot be quoted higher, but upon
former terms a good business has been transacted privately;
Honduras silvers at 5s to 5s 4d, black 5s 6d to 6s Bd, Mexican
black 5s 4d to 5s Bd, and silvers 4s lid to 5s 2d per lb—the
demand is still chiefly for silvers.
SazirreTaz.—The quantity of Rough brought forward this
week having far exceeded the wants of exporters and the home
trade, a decline of 6d per cwt has taken place. English Re-
fined is selling at 28s 6d to 29s per cwt, and is still in good de-
mand. Nitrate of Soda has met with more attention, and
prices have risen to 18s to 19s per cwt.
OlLS.—This afternoon at public sale 17 casks of Zanzibar
Cocoa Nut Oil sold at 29115 s to 331. 200 casks of Palm Oil
241 15s to 281 15s. 100 barrels refined Fgyptian Natron,
12s 6d per cwt.
TALLow.—This afternoon at public sale 120 csks of New
South Wales Tallow sold at 39s 9d to 425, 55 chests of East
India 37s 6d to 435, 40 csks 103 skins of Ibrail 39s 6d to 41s 6d
per cwt.

LLOYD'S_ SHIPPING-(THIS DAY.)
LONDON, Au°. 29.—Wind N., moderate breeze, and fine
clear weather.

DEAL, AUG. 28. —Wind N.E., fresh.—Arrl Martha Wash-
ington, New Orleans; Alder, New York. Sld. Eifpinues,
Van Orange, Batavia; Sarah Alida Maria, Batavia.
PORTSMOUTH, AUG. 28.—Wind N. to N.E.—Ski. True
Briton, Consitt, Cape of Good Hope. Off port, Prince Albert,
Sebor, New York.

LIVERPOOL, AUG. 28.—Wind light.—Arrd. Belle,
Plum Pudding Island; Agnes, Maracaibo; Cambria (str),
Boston, left 16th inst. ' • Avon, St. John's, New
Hong-Kong;Brunswick. Sid. Lord Althorp, Elliot, Johnston,cing-Kong; Elenor
Chapman, Frances, Oahee • Mary Muir, Williams, Valpa-
raiso • Susan, Patterson, Rio Grande; Malcolm M'Farlane,
Rio Valpa-
raiso;
; 114 e, Altbutn, Fernando Po; Charlotte, Ryan,
African Latta„ %Volley, Africa; Planta, Reed, Demerara;
floncer. Dale, St. Thomas; Unica Hija, Covenors, Havanuah ;
Phoenix, Hesugh, Belise; Jane Stanley, Riley, Santa Martha;
Elizabeth, Hasty, New Orleans; Persian, Robbins, Phila-
delphia; Carthage, Knapp, Newbury Port; Serraphine,
Afileck, Miramichi; Liffey, Noonan, Miramichi; Lord Ra •
vensworth, Newkolm, Miramichi; Anne, M'Garry, Mon-
treal; Baron of Brarnber, Flinn, Montreal; Crusader, Jef-
fare, Montreal. Offport, Chieftain.
RAMSGATE, AuG. 28.—Arrd. Familien. Fraul, Lorenzen,
Cadiz for Oalesund, leaky, &c., having been on the Kentish
Knock.

HARTLEPOOL.—Arrd. Louisa, Jackson, of New Orleans,
with ballast shifted and masts cut away, off Flamburough
Head, 19th inst.

EXTENSIVE ROBBERY AT NOTTINGHAM.—Yester-
day the metropolitan police received information of a man
named Henry Hayes having absconded from Nottingham, on
Saturday afternoon last, after having plundered hia sister, Mrs.
Mary Anne Morris, of property to a large amount. Hayes
took with him a black leather trunk, containing a large quan-
tity of plate, a receipt on Moore and Robinson's bank for
1701., Bank of England and Liverpool notes to the amount of
155/., a yellow silk bag, containing upwards of 100 sovereign,
two gold bracelets set with cameos, with other valuable pro-
perty.

land, Mr. Timothy Featherstonhaugh, of the College,
Kirkoswald, high-sheriff of the comity of Cumberland,
bagged upwards of twenty brace before noon on Tues.
day. Sir George Musgrave, of Eden Hall, and other
gentlemen, were very successful. Mr. Henry Howard,
of Greystock Castle, and his brother-in-law, Lord An-
dover, bagged on Melt Fells, 16 and 10 brace respec-
tively. On Shap Fells, Birkbeck Fells, and other pre-
serves of the Earl of Lonsdale, the lion. Col. Lowther,
M.P., and other gentlemen now on a visit to his Lord-
ship at Lowther Castle, made out well. Grouse are sel-
ling at ss. and 6s. per brace, and the supply keeps pace
with the demand.

RAILWAY INTELLIGENCE.

EASTERN COUNTIES RAILWAY.

A general meeting of the Proprietors of this C n'te
pane was hel,l yesterday at the Lemke) Tavern,
Bisliepagate-street, whieli was very filly attended.
Henry Bosanquet. Esq., occupied the chair. After the
formal business had been gore through,
The CHAIRMAN roe- addr,es the meeting. lle
said the events of the last few Months had been so nu-
merous, that it would be necessary for him te go some-
what in detail into the business of the Company. lie
congratulated them on the opening of the line of rail.
way from the metropolis to Great Yarmouth, which had
just taken place. An Act of Parliament hail also been
obtained for a line from Lynn to Ely, to be in con-
nexiun with this railway, By this means they would
have a direct communication from the Wash
of Lynn to the metropolis. There was also
one in progre>s from Lynn to Cambridge that would
be of the greatest service to the present line of railway.
Two other projects were under consideration that would
bring the east and west parts of the metropolis, as also
Woolwich, in connexion with their line. In a short
time he had no doubt, by the extensions and connecting
lines in contemplation, they should, through their line,
have a complete communication from Loudon to York.
He had also pleasure in stating that the Directors had
secured large warehouses adjoining the East India Docks
for their accommodation, at a low rent. This would
prove of the greatest benefit to their interests. He
would now say a few words respecting their present and
future prospects. Though the dividend was a small one,
he trusted it would be the last of the kind. The short-
ness of the portions of the line hitherto completed in-
volved a greater amount of expense than an elongated
line would have done. The expenses had this year been
48 per cent. on the receipts. As they lengthened their
line, however, their expenses would be proportionally
reduced ; and he had no doubt ere long they should be
able to dclare as large a dividend as the South-Eastern
Company. 7,5001., a week's receipts, would yield 5 per
cent. on the capital, and he was quite persuaded they
would soon reach that, as their expenses became econo-
mised. He would next refer to the proceedings of last
session of Parliament with reference to the future. He
complained of the way they hod been treated in regard
the London and York line by the Committee of the
House of Commons. It was not, however, their in ten -
tions to abandon their firmer position. Arrangements
had been made for surveying several lines in connexion
with that they had already executed ; and they were
determined, with their (the sharehoders) sanction
quietly, but effectively, to push forward whichever of
those surveyed lines appeared likely to pay the share-
holders a fair dividend. He trusted the House of Lords
would do greater justice than the Committee of the
House of Commons had done.—(Great cheering.)
The report was then read, of which the following are
the most important features.—
Since the last general meeting, the line from Bishop's
Stortford to Cambridge, Ely, and Brandon has been
opened simultaneously with the Norfolk Railway from
Brandon to Norwich and Yarmouth. The report of the
manager of the goods depastmena which has been laid
before the board, states prospects of large increasing re-
venue from the carriage of goodhee.and cattle, which will
be most gratifying to the Proprietors. A return of
7,500/. a week would produce a dvidend of more than
five per cent. on the share capitel of the Company, and
the undoubted prospects of increase which exist, fully
justify the expectation that, within a short period, an
income, much exceeding that sum per week, will be
realised.
The accounts of the past half-year, connected with
the traffic, are annexed, and they show a net profit of
21,833/. The Directors have, therefore declared a divi-
dend for the half-year, after the rate of three shillings
per share of 141. 16;. each of the Consolidated Stock
of the Company.
The total expenditure on the extension from Bishop's
Stortford to Newport has-been 156,921 L, and that on
the extension from Newport to Cambridge, Ely, and
Braudon, has been, under Messrs. Grissell and Peto's
contract, 573,2801., being the amount of the original
estimate, with 3,000/. added for an extra bridge at the
paper mills at Cambridge ; and some other additional
expenses.
The Proprietors will recollect that at a special general
meeting, held on the 14th of April last, it was deter-
mined to capitalise into shares 710,4001 of the borrowed
money of the Company. 'The resolutions then passed
have been carried out by the Directors, and 48,000 new
shares were issued, upon which a sum of 41 16s. per
share has been paid, and applied to the reduction of the
debts of the Company.
During the session of Parliament just closed the
Directors have been engaged in a long and severe con-
tes:, with the promoters of the London and York Rail-
way, and this Company have to complain of the great
injustice done them in not having been permitted to
bring forward rebutting evidence of any kind, or to ad-
duce evidence in support of their own plans, before the
decision in favour of the London and York line was pro-
nounced by the Committee of the House of Commons.
The Directors, while expressing their conviction of the
patience and attention which were bestowed by that
Committee on the protracted inquiry before them, must
protest, in the strongest manner, against the rights ac-
quired by this Company from Parliament, .being seri-
ously affected and injured by a decision being pronounced
against the Company without their first having a full
hearing-.
Mr. LEvi asked how it was that nothing had been
done to form a branch from the line to Epping ? He
understood the Blackwell Company had some intention
of making a branch into that neighbourhood, which
would interfere with theirs. He considered the forma-
tion of such a branch should be made by the present.
Company. . .
Mr., DuareAN said such a Hue was under the con-
sideration of the Directors, and a survey would be made
to that effect. Should the Directors think it a desirable
line, means would be taken to ascertain the 'sense of thE
proprietors on it.
Several questions were asked in explanation of
items in the accounts, to which explanations were
given by the Chairman that appeared to give satisfac-
tion to the proprietors who asked them.
Mr. DAvisoN inquired if all the surplus land of the
Company had been sold?
Mr. DIINEAN replied that all the available surplus
land, up. to the end of last year, had been disposed of.
There was still a quantity of surplus land in their pos-
session, which would be sold as soon as it was kn .wn
that they had no use for it. It would not be prudent to
part with it until they knew exactly what they wanted
to complete their works.
Aa HoN. PROPRIETOR complained of the amount of
1,800/. being voted to the Directors. The London and
Birmingham Directors only received 1,700/ ; the Mid
land Railway Company allowed but 1.500/. ; and the
Brighton Company allowed only 1,100/. These were
railway companies that paid large dividends, while this
Company, which was almost insolvent, was to pay more
than any of them. The limit suspicious part of the
business was, that a paid servant of the Company had
made the proposition.
After a few words from Mr. LA MEaT in favour of
the grant to the Directors,
TIGHT said as he had been personally- alluded
to he wished to.say a few words in vindication- He had
held shares in the Company from the beginning, and in
virtue of those, as well as from a sense of justice to the
Directors, without ref rence to his official position in the
Company, he had acted as he had done, and he had no
right to be reflected on.—(Cheers.) lie had proposed
the grant to the Directors as an independent man, and he
did so because he had observed the severe labours they
had been subjected to, and if they looked at the busi-
siness laid down in, the report they would see at once
there was no parallel between the labours of the present
directory and those which had been named.
The CHAIRMAN was then about to put the motion that
the report be received, adopted, and printed, when
Mr. Scow 'said he was a shareholder who held a 1,000
shares in the Company, and he came forward with pain-
ful feelings to oppose the prOceedings of the Board. He
believed their conduct perfectly unexampled in the his-
tory of railways. While all other railways had pro-
gressed, and their traffic had improved, the present
Company was now called to receive 3s. dividend on each
share of 25/. He thought a change should be made, as
matters could not be much worse than they were. Had
it not been misfortune or mismanagement, the Eastern
Counties Railway would have been in a much better
position. Everywhere he went he heard the manage-
ment of the Directors condemned. He would give fats
in support of this view. The first point he would call
attention to was the capital account. Four years ago
the Directors pledged themselves that the capital would
not exceed 2,137,0001. ; in 1842 it was 2,500,0001. ; in
1843 it was 2,784,0001. ; and in 1844 it was 2,856,0001
They were then told it would not exceed that. But
again in February, 1845, without any explanation what-
ever, it was increased to 2,900,0001. ; and that day it
was 2,956,000 L By the Amalgamation'Act they were
limited to 2,850,0001, on which interest was to be
paid, whereas it was now, in round numbers, nearly
three millions. The Hon. Proprietor then went into this
traffic accounts, in which, from a series' ofealculations,
he showed that, for the last four 'years, the ratio of
income to expenditure had been gradually going
against the shareholders. In contrast to the manage-
ment of the Directors, he cited the Brighton,
Midland, and several other railways, in which
the working expenses w,re far below those of 'the
eastern counties line. He hoped some insans would be
taken to save. the Company from the mismanagement
into which it had fallen.—(Cheers.) He considered
many, of the Directors held only a nominal' stake in the
Company, though all were not so. There we're eighteeil
Directors, a greater number than any other direction iii
the kingdom ; while of these eighteen, five lived at least
200 miles distant. Could such, he asked, attend to the
interests of the Company without great expense ? He
considered that some proposition should that day be
come to to rescue the Company from its present dilemma.
There ought. to be a residential directory, not living 200
miles distant. He risme nted, on the part of himself
arid friends, who had embarked capital in the Corn.
pally, the sum' of 200,0001.; and, therefore, he had
no object in view but the good of the. Company No'
evil could come of the :exposure. Tisere - were the
Greenwich, the. Sheffield and the. Rotheeharn, the :Biro:
mingham and Manchester, the Great North of England,
and the Midlands Companies, all of whom had been im-
mensely improved by inquiry and the consequent re-

novation of their affairs. In several companies, espe-
cially such as had had the management and care of Mr.
Hudson, the value of shares had ming eased threefold.
They wanted a Mr. Hudson amongst them.--e(Loud and
continued cheers.) He hoped that gentleman' instead of
being an ally, would become a member it the hoard, and
he would say that before many months the shares now
selling for 191. would be worth 30/. The Honourable
Proprietor concluded by moving a reselu ion that
Mr. Hudson be solicited to join th, direction, of
the Company to give them the benefit of his ereat
experience. The resolution contained a sel ire; or` rea-
sons, being the substance of the Hon. Proprietor's speech,
for the course proposed.
The DEPUTY CRAIRSIAN (Robert Crosbie, Esq.), se-
conded the resolution, as far as the invitation to Mr.
Hudson was concerned. The Hon. Proprietor, he said,
had referred to several lines which had been improved
in the price of their shares, bu he should have also
stated the fact of the great increase that Int i also t, ken
place in the value if the Eastern Cenitties lialway. He
only-regre!ted. the Hun. Gentleman hart not c,nne into
the field before, when it was with tie gr,,aiest difficulty
parties :•ould be got to take an active part in their pro-
ceedings.--(Hear, hear.)
Mr. V. LEE, one of the Directors, said a statement had
been made respecting the conduct of the Directors, and
he wished to reply. Something was said about the Di
rectors having only a nominal intere-t. He, for one,
held 1,000 shares in the Company, and so satisfied was
he of its solvency, that he had that day ordered his
broker to purchase 200 more.—(Hear, hear.) When
he joined the beard the line was not in the hinds
of the Directors, but in that of a gentleman who re-
ceived 1,0001. a year. That gentleman's services were
dispensed with, and the line came under the manage
ment of the Directors. They then appointed three
Committees—traffic, finance, and Parliamentary Com-
mittees. The whole subjsct of the traffic was gone into,
by the first, and a great reduction soon took place
in this department. Efficient sheds were erected,
the stations were much improved, and a most
able superintendent appointed to manage it. The
result was, that they had increased their traffic 1,1001. a
week. They also had the line surveyed by Mr. Robert
Stephenson. Large and Convenient warehouses were
erected in anticipation of future traffic, and he had no
doubt that the opening of the Colchester line alone would
bring an additional traffic of 1,5001. a week. In addition
to this, a complete revision took place in the Company's
servants, and no man was retained unless of the most
unexceptionable .character Every one who now went
along the line would be persuaded of this. The
most superior officers were also appointed to the
heads of the several departments. The Finance
Committee had also effected great good, its
labours having saved the Company, by the capitalisation
of the debt, to the amount of 7,000/ per annum.
Sufficient evidence of the solvency of the Company was
shown in the present price of the shares on the See*
Exchange. lie hail himself paid 20/. ss. each for 200
shares that day. The reason why the expenses of the
present year were so great had arisen frotn the large
expenses necessarily involved in the preparations and
extra outlay arising from the extension l-of the line.
7,500/ per week woeld be quite sufficient to pay five pt r
cent. ; and he was sure, if they had patience, by the
measures in progress, it would soon be beyond that.
There would not he a better line in the kingdom. He
was sure . it would ultimately pay ten per cent.
The proceedings of the Parliamentary Committee had
also been not without- importance. No doubt consider-
able expense had been oua,ion,d, but he was sure the•
next session of Parliament would obtain it. He did not
believe that the London and York line in its integrity
would ever be carried ; and he had good reason for sup-
posing that the extensions which would take place in
CatlitTidgesinre and Liec..,lte.hire ssould be such os to
afford them a great tact el.,e of their tenffi.•. When a
full developtne rt of their traffi, to •k place, ther • was ne
doubt the Company would no Of'e ot the very best in
the kingdom. He concluded by reading the names of
several Directors who held numbers of shares, ranging
from 1,000 td (50 each. The Hon. Direetor sat irlown
by declaring if they were not satisfied, he' was willing
to resign his office.
Considerable 'confusion ensued, arisiug from cerain
Proprietors complaining that ehe whine list of the Di-
rector-, with their number of shares, had nut bee., real,
but only a few of the largest holders.
After some further discussion,
Mr. D. W. HARVEY regretted that anythieg had been
said by Mr. Scott whiclaceuld be understood as refl,•cting
personally on any of the Directors. He (Mr. Harvey) did
nut understand it in that light. He did not wish to
curb the wholesome feeling that had set in, still he
thought the gentlemen who proposed the course named
should state what were their ulterior intentions, and in
what manner they intended the co-operation with Mr.
Hudson to be carried out. He objected to any vague
resolution that was not based on a sound foundation.
He was for the fullest inquiry, yet it shotild'be inquiry
systematically carried out. He would therefore stiggek
instead of the resolution confining itself to Mr. Hudson,
they should enlarge it, to allow of application to other
parties, in the event of that negotiation being unsuccess-
ful, and that a Committee be appointed to confer with
the Directors, and with them to carry forward their-ne-
gotiations—the result of their proceedings to be placed
before a future' meeting. Mr. Harvey sat down alter
moving a resolution to that effect.

Mr."WoopmaN seconded the amended resolution.
Mr. SCOTT withdrew his amendment in favour of that
of Mr. D. W. Harvey.•
The amendment was then put from the Chair, when,
after a show of hand 3, 64 were declared to be in its fa•
your and 78 against it.

The Chairman was then about to put the original
motion, when Mr. Scott demanded a poll. Another scene
of confusion, amounting almost to tutnult; .heie
place, owing to the difficulty of ascertaining the right
course of proceeding to adopt. At length it was agreed
that those who supported Mr. Harvey's amendment
should go to one side of the room, and those who opposed
it to the other. This having been done, and tellers ap-
pointed, there appeared to be—for the amendment, 97;
.against it, 82. This result was the signal for the most
triumphant cheering from Mr. Harvey's supporters. The
victory, however, was but short•lived. It was stated
that Mr. Harvey was not a " shareholder," and that he
was therefore incompetent to take part in their pro-
ceedings. Mr. Harvey said he wls a " ,ekholder,"
and maintained (aundst a scene which can only be com-
pared to that which sometimes distinguishes the hustings
of a fiercely-eOntegted election) that as `-such'
right to vote, &c. The books of the Company were It
ferred to. Mr. Harvey's name as a registered I)i=ninqitor
was not to he found, and the Chairman. therefore, found
himself called on to decide against Mr. Harvey's 'claim
to be heard. It should be observed that during this
scene nearly all the gentlemen in the room were stand-.
ins on the seats. The Chairman, in consequence, was
obliged, on two or three occasions that he wish.:(l

to make himself heard, or, it not heard, to show by hi,
gestures that he bad a ,unction to perform, as president
of the meeting, to mount the table. Varions attenicis
were made by various Proprietors to obtain a hearing,
but all to no purpose. Cries of " Shame" and sue,.
like exclamations were liberally indulged in by the op-
posing parties, until they seemed to grow tired of them.
Parti.il quiet being restored,
Mr. HARVEY reiterated his right as a stoekh,lcii,r
move a resolution. He then said he did not vote, he had
not been counted.

Others said that the Chairman had spoken too
late ; he should have objected to Mr. Harvey when
he moved the resolution. After a conti;mation of this
tumultuous discussion for some time longer,

Mr. ScoTT said, to put an end to all dis'Pitte, he would
himself move the ainPndmenr,

The demand for a poll being made the bwintss of the
meeting was suspended for it about half-past five o'clock
About half-past eight-o'clock the scrutineers who hail
been appointo to superintend the'poll entered th,• room;
and placed in the hands of the Chairman the following
result :

F‘ir Ur. Scott's motion 1,391
Against it
?rity -624
The value of stock represented by the
msjority was £93,498
Minority

Mr. Scori said the course he had taken had been
solely dictated by a sense of duty to himself as well as to
the Company. He had submitted his motion to the
meeting, and it had, he regretted to say, been rejected.
He therefore took that opportunity of stating his entire
satisfaction at the manner in which the Chairman had
performed the important and onerous duties that had
devolved upon him.

The CHAIRMAN expressed himself much obliged to
Mr. Scott for the manner in which he had referred to
the performance of his duties. It now only remained
for him to conclude the business of the day by moving
that the Directors' report be adopted, printed, and
circulated..

The motion was proposed and unanimously agreed to.
The CHAIRMAN then proposed a series of resolutions
baied on the report.
These were also put and carried.
The thanks of the meeting to the Chairman having
been agreed to, the meeting separated at nine o'clock,
having been engaged for eight hours.