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1. 271 r ~ltia,ll 17.0) 4710':**6
lEB -% ,
No. 15,554 LONDON, SATURD ALY ="A 00 L;
I -:213 6JQ
';il,

AUGUST 6, 1842.

PRICE .5d

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ARYLEBONE ELECTION..I
MThe COMMITTEE of the BOROUGH of MARY-
LEBONE REFORM ASSOCIATION be. to impress upon
ALL REFOHMERS the necessity of carefully INSPECT-
ING the LIST of VOTERS (Copies of which will be fixed
on the church and chapel doors in the respective parishes To-
)tOB ROW and the ensuing Sunday, agreeable to the provisions
of the Reform Act), in order that the names of all TORIES
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will be gratuitously supplied both for the Borough and County.
August 6, 1842. WILLIAM ALLEN, Secretary.

-•• _ . .
1141 DUCATIO NAL CLASSES at the ROYAL
A POLYTECHNIC INSTITUTION.—CHEMISTRY
—Medie,al, Agricultural, and Commercial, or as an accomplish-
ment, under the direction of John Ryan, 111. D. and I.L.D.
whose certificates are recognised by the Royal College of Sur-
geons, the Apothecaries' Hsll, fec. This Class will commence
on the 3d of October.
The Principles and Application of the STEAM ENGINE,
in which STEAM NAVIGATION is included.
The ENGINE DRIVERS' CLASS is continued as usual.
MATHEMATICS. particularly with a view to advance
Practical Science. The Apparatus and Models for illustration
are very coniplete.
ASSAYS and ANALYSES are conducted by Dr. Ryan, in
the extensive Laboratory, the charges of which are moderate.
ELECTRICITY, GALVANISM, and other branches of
NATURAL PHILOSOPHY, by Professor G. H. Baehoffner,
with the advantage of the COLOSSAL ELECTRICAL
MACHINE, as well as every other requisite Apparatus.
Private instruction in any of the above branches of Science.
For particulars as to the arrangement of the Classes, &c.
inquire of the Secretary.

PUBLICATIONS.

he has a capital genius for swindling, but I hope the public
will be cautioned - by the complete exposure of [his system
Prisoner, your character is well known here. How long is it,
pray, since you were in the House of Correction? Prisoner—
The House of Correction ! Oh, now I remember. That's all
a mistake. I was there only about a gallon and a half of spirits
that did'nt pay duty, as they said.
The LORD AlAvoa—Oh, that was all, was it? Prisoner—
I don't recollect anything else, my Lord.
One of the complainants—l think, my Lord, that his friend
Mr. Kitcher, and his clerk were part of the gang of swindlers.
The Loan MA-voa—l am glad you have discrimination
enough to think that at last. -Prisoner, you are discharged.
The prisoner bowed, and said in a low serious tone to some
of his creditors, " I told you it would'nt do, you might have
taken my word for that at any rate."—(Laughter.)
iIfAULBOROUGH-STREET.
Henry Norman, a well-dressed young man, who is
the son of an opulent tradesman residing in the neigh-
bourhood, was charged on suspicion of stealing a gold
watch and appendages, value 521., the property of the
Chevalier Wiercenskie, a Pole, residing at No. 3, Queen-
street, Haymarket.
It appeared that the prisoner had for the last six weeks
lodged in the same house with the prosecutor, and about
three o'clock on the previous afternoon the property in
question was missed from the Chevalier's drawing-room,
it having been seen safe but a very short time pre-
viously, during which period the prisoner was noticed
to pass up and down stairs by the prosecutor's
apartments, and shortly afterwards to leave the Louse ;
and, contrary to his usual custom, he did not return
home until two yesterday morning. On being given
into custody of Inspector Rogers, of the E division, at
six o'clock in the morning. on suspicion of having
committed the robbery, he stated that he
had only a few shillings about him. But,
on being searched, four sovereigns were found.
wrapped up in his gloves, in his coat-pocket. He also
gave an account of the manner in which he passed his
time, which turned out to be false.
The prisoner strongly protested his innocence, and
said that he had been induced to give the statement he
had by his desire to kel) his own affairs and resources
private.—He was remanded until Monday next.

This day is published (Second Edition), by Messrs. LONG
MAN, BROWN, GREEN, and LONGMAN, price Two-
pence (when taken in dozens for distribution, One Penny),
THE STUDY of CHEMISTRY ,considered as
a Branch of Elementary Education.
By D. B. REID, F.R.S.E.
" Nothing, however, would be of greater practical impor-
tance than the institution of Normal Schools or public Boards,
where all who intend to introduce scientific subjects in their
schools and academies might have an opportunity of examining
in detail the apparatus which may be required, and of being as-
sisted in acquiring the art of performing the necessary illustra-
tive experiments."--From the First Edition of the " Study of
Chemistry," nearly 100,000 copies of which have been printed
in different forms since the year 1836.

TII E C A T II O L I C :
An Ecclesiaaticar and Literary Journal for the Catholics
of the British Empire.
The Proprietors of " The Catholic," in reply to many kind
communications, beg to state that No. 11., to be published
Saturday, August 6, and every alternate Number, gill con-
sist of Twenty-four Pages.
Office, No. 2, York-street, Covent-garden, wkither Adver-
tisements and Communications for the Editor are requested to
be addressed.
IMPORTANT TO ADVERTISERS.
THE attention of Advertiers is invited to the
Jl fact, that a large quantity of the early numbers of " THE
CATHOLIC" will be distributed gratuitously among the Ca-
tholic Clergy of England, Ireland, and Scotland, by which a very
Advertisentenfillibrain . -
Advertisements will be received at No.- 2, York-street,
extensive circulation, of a peculiar nature, All lie ensured to any
Covent-garden; and at Mr. C. Dolman's, No. 61, New
Bond-street, to which address all Communications should be
sent, pre-paid.
TO

MISSIONARY SALE at the WESLEYAN
CENTENARY HALL.
In consequence of so large a quantity of valuable Articles
having been gratuitously furnisted for the above sale, and.of a
recent arrival of rare and valuable Productions from Western
Africa, which have not yet been exhibited, it has been deemed
expedient to RE-OPEN the SALE on MoNnAY and TUES..
nAy Next, August Bth and 9th. Useful and Ornamental Ar-
ticles of Ladies' Workmanship, Charity Bundle?, Gold and
Silver Ornaments from the Gold Coast. and Ashanti, valuable
Collections of Butterflies and Insects, carved Ivory Articles,
rare Foreign Birds, Cabinets of Shells and Crapauds from the
West Indies and Curiosities from the Polynesian Stations,
&c., &e., will ht. offered to the notice of visitors.
For the accommodation cf those who cannot attend earlier,
the Sale will commence at One o'Clock and continue till Seven
o'Clock. Admission One Shilling each, for which the value
will he allowed in the purchase of articles.
Wesleyan Centenary-hall, Bi,hopsgate•street Within.

GUILDIIALL COURTS.
The following paragraphs having appeared in the
" Times" newspaper of this day's date, in a Report of a meet-
ing of the Court of Common Council which took place yester-
day, Dr. D. B. REID, considers himself called upon to
explain, in reference to the recent proceedings as to the Guild-
hall Courts, so far as he has been referred to in connexion
withthem, that a statement to be published by him on this
subject is delayed selely till he receives a reply to a communica-
tion which he has addressed to the Right Hon. the Lord
Mayor and the Court of Common Council, requesting a copy
of the Report on the discussion of which his plans were referred
to, in the terms that h. ve pppearediatriy in the—daily nevi s-

papers.
• Paragraphs referred to :—" Mr. Prior wished to know why
Dr.-Reid was deprived of his functions in this case?" "Alr.
Cope said that u as a ;object for future explanation."
15, Duke-street, Westminster, Aug. 5, 1842.

NATIONAL LOAN FUND LIFE ASSUR-
ANCE SOCIETY,
FOR GRANTING
LIME ASSURANCES, DEFERRED ANNUITIES, ice.
No. 26, CORNHILL.
Capital £500,000.
Empowered by Special Act of Parliament.
DIRECTORS.
T. LAMIE MURRAY, Etq., Chairman.
J. Elliotson, M.D., F.R. S. I John Rawson, Esq.
John Griffith Frith, Esq. John Riddle Stodart, Esq.
I
Hunter Gordon, Esq. Clement Tabor, Esq.E
George Lungley, Esq. Joseph Thompson, sq.
AUDITORS.
Professor Wheatstone, F.R. S. I Professor Graves,A.M .F.R.S.
ACTUARY—W. S. B. Woolhouse, F.sq.., F. ILA. S.
PHYSICIAN—J. Elliot:on, Al. D., F.R. S.
SURGEON—E. S. Symes, Esq.
Somerrons—lllessrs. Sweet, Sutton, Ewens, and Ommanncy.
BANKERS—Messrs. Glyr., Halifax, Mills, and Co.
The most rational motives to Ltfe Assurance are found in
the plan adopted by this Society; viz. joined to a secure
provision at death for inheritors of the Asszred, the Sned to ocireety
affords succour to the Assured himself (proportio p-
vious payments) in the event of unforeseen reverses.
Annual Division of Profits.
F. FERGUSON CAMROUX, Secretary.

PROPERTY-TAX COMMISSIONERS, CLERKS
TO COMMISSIONERS, &c.
This day is published, price is. 6d.
Dedicated by permission► to Henry L. Wickham, Esq., Chair-
main of the Board of Stamps and Taxes.
rEII-1E PROPERTY-TAX ACT ; with a full
Analysis of its Provisions, Explanatory Notes, Forms of
Proceeding, Cases of illustration, a copious Index, and Tables
of Calculation.
By—JOHN TIDD PRATT, Esq., Barrister•at-lave.
Shaws and Sonc, Fetter-lane.

BRIGHTON RAILWAY,

-,11,--
The half-yearly meeting of the Directors and Pro.
prietors in this Company was held yesterday, at the
London Tavern, for the purpose of receiving the Report
of the Directors, and taking into consideration the pro-
priety of declaring a dividend.
JOHN HARMAN, Esq., the Chairman of the Directors,
took the Chair, and said, that the Directors were anxious
to come before the Proprietors, owing to the imputation
cast upon them in the public prints.—(Hear, hear.) The
Directors sought strict investigation ; and he should be
most happy to answer any question the Shareholders
might think proper to put to him.—(Hear, hear.) He
thought that they were now arrived at a momentous
crisis of the history of the Company, and that the time
was come that a full and fair understanding should be
come to between the Shareholders and the Directors.
The Directors had been visited with a degree ol
opprobrium from anonymous sources, totally
undeserved. (Hear, hear.) If those charges
were proved to be true, then they (the Directors) were
ready to hear the responsibility. He had received seve •
ral letters from anonymous persons, imputing to the Di-
rectors fraud, in raising 70,0007. more than they wanted
fel- the purpose of putting it in their own pockets. He
would allude to that part of the Report which bore refe-
rence to the great increase sof expenditure over the es-
timates. He was free to confess that the increase was
large, but lie would, at the same time, say, that no un-
dertaking in the kingdom, of the kind, had succeeded in
accomplishing their works within the estimates. The
Honourable Gentleman then read a statement of
the receipts and expenditure of the Company, which
nre detailed in the Report below. In the im-
provements and additional expenses entered into
by the Directors, they had contracted for a
new branch and terminus, in Brighton, as they considered
the town of Brighton had a claim upon them, as the Act
of Parliament gave them reason to believe that the Rail-
way would be continued further into the town. The
Hon. Gentleman then read further accounts, from which
it would appear that 11,3451. remained in the hands of
the Company. But it was right to say that they had
ordered extra waggons and trucks to the amount ol
5,0001.,
tahet d
etilltgelynebsadruiiii
incurred an an
four x pwehnseeelso of
altered
it
having t'
run upon six wheels. The next point to which he wouli
ier
allude was that respecting the money received from the
South Eastern Company. At their last meeting lie in-
formed them that this money would not be appropriated
to the purposes of the Railway; lie was happy to confirm
that statciuent.—(Cheers.) Some difference of opinion
had arisen as to how this money should be appropriated.
lie had recommended that the amount should be divided
amongst the original subscribers, they having subscribed
the original loan, but it was discovered that the mortgagees
and tile holders'of the loan notes had a prior claim.
But one thing was very clear, and that was, that the
interest of the money could not be claimed by those
mortgagees, and the holders of the loan notes, as the in-
terest upon their claims was regularly paid up. There-
fore this sum would be at the disposal of the Share-
holders. The lion. Gentleman then referred to the ex-
penditure in the purchase of land, and said that the
amount purchased was three times as much as was
originally calculated. He was asked at the last meeting
how they were to pay the interest of the loan notes and
debentures out of their earnings. Ile then demurred
to answer the question, and the reason was obvious,
their traffic had then fallen off to nothing. Since that
time the traffic had gradually increased, and he had no
doubt that the traffic would go on increasing in a like
ratio. It was well known that the first year no
railway could get up its traffic. Their expenses
had not increased, but if anything had decreased,
Ile had no hesitation in saying that by the next half
yearly meeting, unless some unforseen accident happened,
they would be enabled to offer a very handsome dividend
indeed. With respect to the dividend to be declared,
that day they would have to decide whether it should be
15s. per share or 10s. per share. If they decided upon
15s. per share, the interest upon the loan rates and bonds
would be charged in the next half year, or if 10s. the
accounts would run or. regularly. He should then call
on the Secretary to read the Report.
The following Report was then read, together with
the Report of Mr Rastwick :
GENTLEMEN,—The Directors now lay before you a full and
explicit statement of their proceedings since the last half-yearly
meeting, by which you will be put in possession of the present
position, and. as far as they are able to give it, the future pros-
pects of the Company.
They feel bound, in justice to themselves, to refer to several
subjects contained in the Report of the Committee appointed
in January last, to investigate the accounts of the Company.
In the first place, the Committee allude to the imperfect
mode of keeping the accounts, and the difficulty they found in
classing the expenditure under appropriate heads.
The course which 1112 Directors originally were desirous of
pursuing in keeping the accounts, was to follow the system
adopted by other great railway companies, and with this view
they procured introductions for their late secretary to the ac-
countants of both the Birmingham and Great Western Rail-
ways, and considerable time was occupied by him in examining
the mode in which their accounts were kept, after which he as-
sured the Directors that he had made himself thoroughly master
of the subject with a view that the accounts of this Company
should be conducted on similar principles, and although it ap-
pears that he adopted a different method, there can be no doubt
that had he been present at the investigation, he would have
removed many objections raised by that Committee, and have
rendered their inquiry less laborious.
It has always been the intention of the Directors to make
out a complete and detailed account, classing the expenditure
of every department under its appropriate head, from the com-
mencement of the undertaking; but during the progress of
the works it was found utterly impossible to follow out this sys-
tem, although it will be adopted when the accounts of the seve-
rul contractors are closed. The same difficulty existed with
regard to the accounts for land, as it was necessary, from time
to time, to take additional quantities, and, in some instances,
absolutely to purchase a portion of that which had only been
taken for temporary purposes, while, in other instances; pay-
ments were made on account, in order to obtain possession of
the land pending the investigation of the titles, and those ac-
counts will also shortly be closed.
Another portion of the Report requiring notice, is the ex-
cess of expenditure over the original estimates.
The Directors cannot be expected to take upon themselves
the great responsibility of the various estimates, either for land
or works, but they confidently refer to the Reports which they
have from time to time submitted to the Proprietors, as being
most full and explicit; they have never withheld information,
but as the necessity 'for further capital presented itself, they
made it known to the Proprietors without reservation ; and even
up to the last half-yearly meeting, so far from any dissatisfac-
tion having been evinced, the Directors and Engineer have
been encouraged by unanimous votes of thanks and confidence.
The Directors are quite as much concerned at the additional
expenditure which has been incurred as the Shareholders; they
have never parted with the funds of the Company without the
stricte.t scrutiny, nor have they acquiesced in any expenditure
without being fully convinced by their Engineer that it was
absolutely necessary. In order to account for the excess of
expenditure, they refer to the explanations of their Engineer,
which were embodied in the Report of the Investigation
Committee.
Another subject in the Report to which the Directors beg
to refer, is that the amount of ,2,639,000/. was stated in the
half-yearly Report in a manner which might, at first sight,
lead to the conclusion .that the cost of the Railway would
amount to that sum, instead of 2,568,0001. The facts are as
follow : that besides a sum of 2,269,3591. already expended.
and an amount of 294,8521. which it was estimated would still
be required to complete the works, making together 2,568,2111.
the sum of 71,0001., which was a liability of the Company for
money borrowed, was inadvertently included in the pa-
ragraph of the Report, making the estimate 2,639,2111. The
addition of this sum was an oversightin drawing upthe Report;
but the Directors distinctly assure the Proprietors, that there
was no error of the sort in the books of account, as has been
generally inferred from the Report of the Committee of In-
vestigation, nor in fact does that Report state it otherwise
than as an error in the paragraph.
Another subject connected with the Report of the Com-
mittee of Investigation, demands the notice of the Directors.
At the special general meeting of the Proprietors upon re-
ceiving the Report, an observation fell from the Chairman of
that Committee which has been the subject of much specula.
tion, and has given rise,to many unpleasant remarks. When
that gentleman expressed himself ready to answer any ques-
tions which might be put to him, he added, 4, taking care to

GRAMMATICAL READING CLASS-
BOOK , or Easy Introduction to English Grammar ;
in entertaining Conversations between a Lady and her
Daughters ; in which the Parts of Speech are familiarly ex-
plained, and the Rules of Grammar introduced and Illustrated
in a plrasing manner. Designed to inspire young persons with
a taste for that useful branch of Education. For the use cf
Schools and Families. By HELEN WOOD. Sixth Edition,
12m0., I% 6d. boards.
London : Simpkin, Marshall, and Co. ; Hamilton and Co.;
and E. A. W. Taylor, Bradford.

In 1 vol. post Bvo., price 12s. bound and lettered,
rpABLETS of AN ITINERANT in WEST-
MORELAND ; containing a complete GUIDE to the
LAKES of ENGLAND; being ,a description of the Scenery
of the Northern Lakes ; with an Itinerary of the several
Roads, Towns, Villages, awl Objects worthy of notice to the
Traveller. Illustrated with a coloured Map, and 41 Views.
By GEORGE TATTERSALL.
" This is one of the best Guides to the Lakes we have met
with. The descriptive part of the beauties of the Lakes. the
mountain scenery, the roads, distances. inns, spots worth see-
ing, &c. is of the very best kind. The best season for laking
is novr at band : we can safely recommend this work to the
attention of tourists. They will find it a most useful guide
and companion by the way, and on their return it will afford
ample matter for entertaining reminiscences."—Liverpool
Mercury.
London : Sherwood, Gilbert, and Piper, 23, Paternoster-raw.

EUROPEAN LIFE INSURANCE COM-
PANY.
No. 10, Chatham-place, Blackfriars, London.
Established January, 1819.
PRESIDENT—Sir JAMES RIVETT C ARNAC, Ba
rt.
VICE-PRESIDENT.—GEORGE FORBES, Esq., 9,square. With With Twelve Directors.
Facilities are offered by this long-established Society to suit
the views and the means of every class of insurers. Premiums
are received yearly, half-yearly, or quarterly—or upon an in-
creasing or decreasing scale. An insurance of 100/. may be
effected on the ascending scale by an annual premium for the
first five years of I/. 9s. at the age of 25, I/. 12s. 6d.
or at 30,
1/. 17s. at 35, 2/. 2s. sd. at 40, and 21. 9s. 6d. at 45, one-
half only of the.usual rate, with interest on the remainder, will
be received for five or seven years, the other half to be paid at
the convenience of the assured. 'fhe insured for life partici-
pate septennially in the profits realised.
A liberal commission is allowed to solicitors anGGd agO,ents See.
DAVID FO
N.B.—Agents are wanted in towns where none have been
yet appointed

UNITED KINGDOM LIFE ASSURANCE
COMPANY,
8, Waterloo-place, Pall-mall, London.
DIVISION OF PROFITS AMONG THE ASSURED.
110NORARY PRESIDENTS.
Earl of Errol Earl of stair
Earl of Courtown Earl Somers
Earl Leven and Melville Lord Viscount Falkland
Earl of Norbury Lord Elphinstone
Lord Belhaven and Stenton
DIRECTORS.
JAMES STUART, Esq., Chairman.
H. DE CASTRO, Esq., '
Deputy Chairman. •
Samuel Anderson, Esq. Charles Downes, Esq.
Hamilton Blair Avarne, Charles Graham Esq.
Esq. F. C. Maitland;Esq.
William Railton, Esq.
Edw, Boyd, Esq., Resident
E. Lennox Boyd, Esq., As- John Ritchie, Esq.
sistant Resident F. H. Thomson, Esq.
SECRETARY.—Patrick Macintyre, Esq.
This Company, established by Act of Parliament, affords
the most perfect security in an ample paid-up Capital, andcommence-
in
the great success which has attended it,
since
ment in 1834.
In IE4I the Company declared an addition to the Share-
holders of one-half of tkeir Stock, and also added per
Cent. per Annum, from the date of the policies to those par-
ties who had insured with Profits.
The Premiunevertheless are on the most moderate scale,
and y a moiety y need be paid for the first five years, where th e
Insurance is for life.
The amount of bonus added to policies since the commence-
ment of the Company in March 1834, to the 31st December
1840, is as follows:—
Sum Assured. Time Assured. Sums added to Policy.
£1,000... ......... 6 Years 10 Months ......... £136 13 4
1,000 4 Years.. . ...... 80 Q 0
..............
1,000 3 Years ....................... GO 0 0
1,000 1 Year ..................... 0 0
lication to the
Every information will be afforded on app
Resident Directors, Edward Boyd, Esq., and E. Lennox Boyd,
Esq., of No. 8, Waterloo-place, Pall-mall, London.
street,
Frederick Hale Thomson, Esq., Surgeon, 48,
Berners-
• attends at the Office daily, about Half-past Two o'clock.

NTESTERN LIFE ASSURANCE SOCIETY
Office-49, Parliament-street, Westminster.
Capital 500,0001; 10,000 Shares, 501. each.
Deposit Si. each Share.
This Society is established for the Assurance of Lives, upon
principles combining economy with perfect security.
DIRECTORS.
H. Edgeworth Bicknell. Esq., 28, Upper Bedford-place.
William Cabell, Esq., Newington-place, Surrey.
Thomas Somers Cocks, jun., Esq.,, Charing Cross.
George Henry Drew, Esq., Bermondsey.
William Evans, Esq., Millbank.
William Freeman, Esq., Millbank-street.
Francis Fuller. Esq., Poultry, London an-I Croydon.
James Hunt, Esq., Whitehall.
John Arscott Lethbridge, Esq., Greenwich Hospital.
Edmund Lucas, Esq., illhank-street.
George Kennet Pollock, Esq., Great George-street,
West-
minster.
James Lys Stager, Esq., Milbank.
John Finley White, Esq., Millbank-atreet, and Swanscombe.
.h-seph Carter Wood, Esq., Artillery Place, Westminster,
Henry Wrench, Esq., King William-street, London Bridge.
TRUSTERS.
William Whateley, Esq. I L. C. Humfrey, Esq.
George Drew, Esq.
AUDITORS.
Ormus BiddLlph, Esq. I John Freeman, Esq.
John Bazley White, jun., Esq.
CONSULTING COUNSEL—William Page Wood, Esq.
CONVEYANCING COUNSEL—SamueI Jay, Esq.
PHYSICIAN—WiIIiam Richard Basham, Esq., M.D., 17,
Chester-street, Grosvenor-place.
SURGEONS—AIfred Leggatt, Esq.; George D. Pollock, Esq.
BA NKERS —Messrs. Cocks; Biddulph, and Co., Charing-cross.
SOLICITORS—Messrs. J. L. Bicknell and J. C. Lethbridge,
25, Abingdon-street, Westminster.
TABLE OF PREMIUMS TO ASSURE £lOO FOR THE WHOLE
TERM OF LIFE.

\ 1 ----...----
Age. Annual Prem. Age. Annual Prem. Age. Ann. Prem.
20 £1 14 2 35 £2 11 0 50 £4 3 3
25 111 11 40 219 6 55 55 4
30 24 8 45 392______t__------O 615 3
-- •

The object of this Society is to afford to the Assured all the
benefits of Life-Assurance, at a great reduction in the rates
of Premium.

FOR EXAMPLE.
A person aged 30, may with, this Society assure his life for
bOOl. , by the annual payment of Ht. 3s. 4d., which in a Society
where the Bonus is held out as a main inducement, would cost
him 131. 7s. 4d., or, in other words, for the same annual pre-
mium he could at this Office assure very nearly 6001., whereby
he derives AN IMMEDIATE AND CERTAIN BONUS
OF 1001.
All particulars as to Shares, Loans, Assurances, &c. may be
obtained on application to the Secretary ; and, if required,
forwarded to the country.
Parties in the country eligible for undertaking Agencies are
requested to apply.
A very liberal Commission allowed to Solicitors and Agents.
EDW. F. RICII A RDSON, Actuary and Sec.

GOLD WATCHES, LONDON-MA.DE.-I'. 1
COX SAVORY, Watchmaker, No. 47, Cornhill, Lon-
don, seven doors from Gracechurch-street, submits for selection
a very large STOCK of GOLD WATCHES, the whole of
which are cat-dully examined by experienced workmen on the
remises, and each is warranted for correct performance.
SIZE FOR LADIES.
Fine Vertical Watches, jewelled, in engine-turned
gold case, and gold dials, warranted £lo 0
Fine Vertical Watches, jewelled, wi,h double-backed
engine-turned gold eases and gold dials, warranted 12 12
Patent, detached Lever Watches, jewelled in four
holes with double-backed gold cases and gold dials,
warranted
SIZE FOR GENTLEMEN.
Patent detached Lever Watches, jewelled in four
holes, seconds, and double-backed gold cases, war-
ranted ...... .............
Patent detached Lever Watches, capped, jewelled ind
s;x holes, seconds, double-backed gold cases an
enamel dials, warranted
Patent detached Lever Watches, capped, jewelled in
six holes, seconds, double-backed gold cases and
gold dials, warranted 2l 0 0
Either of the Gentlemen's Watches may be had in gold hunting
cases, for 31- 3s. each extra.
N.B. Second-hand Watches purchased in exchange.

r
C C ~'~ /

The principal questions the Hon. Gentleman read wer
as follow :—With respect to the surplus land, amounting
to about 60,0001., was it to be sold by public auction ?
Has a portion of it been sold ? If so, in what way,
and to whom ? Were two houses at the station at Croy-
don disposed of by private contract ? Have all the re-
ceipts been transmitted to the head office from along the
line ? Have all the moneys paid to the Company been
paid into the bank—if not, to whom were they paid ?
Are all the receipts forthcoming ? If not, why not ?
The Committee appointed to investigate the accounts res
ported that proper precaution had not been taken.
What precautionary measures were meant ? Have the
legal expenses been 40,0001. ? What amount remains due
to the solicitors in London and Brighton ? Did not the
Chairman inform the Shareholders in 1839, that the ex-
penses would but very little exceed the estimate? Why
did the engineer suffer persons to work day-work instead
of piece-work, whereby one person who was before fa;
solvent, made a fortune of 25,0001.? I allude to contract
twelve and thirteen. Has the sum taken away by Mr.
Wood been precisely ascertained ? How did he get that
sum in his possession ? Did not Mr. Wood forward a
latter to one of the Directors on the day of his departure,
stating that if he was pursued he should make disclosures
inju."ious to the Directors ? If there was such a letter,
what became of it, and was it submitted to the Board ?
Is the Chairman a Director or Chairman of any other
speculative concern ? Does the present Secretary re-
ceive the whole of his salary, or does part of it go to one
of the Directors ? These questions, he (Mr. Mayne)
thought ought to be answered for the good of the

say nothing that would tend to the injury of the undertat ing ;
there the lips of the Committee were sealed.". The Dire. :tors
aware that this observation applied only to cases of dispute I ac-
counts with contractors and others, did not think it necessary
to offer any observations, more particularly as, in his conislud-
ing sentence, that gentleman stated, he was not aware that they
had anything of the slightest importance to communicate, which
was not already embodied in the Report. This assertion the
Directors considered sufficient to satisfy every unprejudiced
mind.
Having felt it due to themselves thus to draw the at teretion
of the Shareholders to the Report of the Investigation Conn-
snittee, the Directors beg to add, that they have, as far as time
haspermitted, followed the suggestions therein contained.
[Here follows an account of the receipts and expenditutre of
the Company, up to the 30th of June last.]
It will be seen by these accounts, that the traffic during- the
last six months has produced 63,326/. 7s. 2d., which, with. the
balance on last half year's account of 12,4791. 12s. Bd., made
an amount of 75,8061. 9s. 10d. From this sum is to be de-
ducted 38,796/. IDs. 10d., the expenditure of the;•Company up
to the 30th of June, leaving 37,0091. )4s. ; but which stern is
chargeable with interest paid to the 15th of January last of
9,3641. 25., thus showing an amount of 27,6451. 12s. at the
disposal of the Shareholders. It is right to state, that this sum
may be further charged with interest from the 15th of Jinn Icy
to the 30th of June ; but'on the other hand, a portion of the
interest due upon the debt payable by the South East ern
Railway Company is applicable to the profit and loss account
of the same date.
During the first three months of this year, ending on. the
2d of April, the average receipt per week was 1,8261. ss. 60.,
and during the last three months, ending on the 2d of Jolly, it
was 2,989/. 16s. 4d. per week; anti the average weekly exr. ense
of working and maintaining the line was 1,4941., and in the
month of. July the average receipt per week was 3,9681. Os. 91.
thus showing a great progressive increase.
It must be borne in mind that the Company have been sap b-
jected to serious losses by the accident which occurred in :the
autumn of last year on the Brighton line, and the continued
interruption on the Croydon line.
It will also be seen from these accounts, that goods are TIPW.
carried upon the Railway, and it is gratifying to the Direevors
to state, that there has been a gradual improvement in this
branch of business since the commencement, and that there is
every prospect of considerable increase.
Arrangements have been made, and are still making, with
various persons in the different towns along the line, and astia-
cent to the Railway, for the establishment of permanent tratfie
in merchandise, which will be mutually beneficial to the trade rs,
the public, and the Company.
The receipts upon the Shoreham Branch and Kingston
Wharf have also increased during the last half year ; a landing-
place at the wharf has been run out for the accommodation .of
steam-boats, and a new and important communication has
been opened with the Continent, which will add greatly to the
increase of trade, without any additional expenditure. The
conveyance of goods and merchandise has recently commenced
at this wharf along the main line, and a considerable trade in
resale has already been established with the interior of the
country.
liy use annexed Report of the engineer, it will appear that
he has almost completed the contract and extra works, which,
at the last general meeting, he stated remained to be executed ;
and he assures the Directors that the estimate he th n geave for
those works will not be exceeded. He is engaged in the settle-
ment of the contractors' accounts, which there is every reason
to believe will be adjusted before the next general meeting.
At the last general meeting 211 shares were forfeited, of
which number 201 have since been re-allotted to the several
Proprietors, upon their paying all the calls due, with the inte-
rest thereon. The arrangement referred to in the last Report
with the holder of 45 shares, has not been carried into effect, in
consequence of his bankruptcy, and these shares are at the dis-
posal of the Company. In all other respects the number of
registered shares remains the same as at the last meeting.
The Directors have raised by loan notes, under the seal of
the Company, the sum of 300,0001. as authorised by the last
general meeting, and it is their intention to apply, in the next
session of Parliament, fur an Act to confirm this loan, it hav-
ing been impossible, under the Standing Orders, to do so in the
present session. In this Act it is also proposed to reduce the
number of Directors to twelve, and a copy of the Bill will, in
due course, be submitted fur the approval of the Shareholders.
The station at London-bridge is progressing rapidly, and in
all probability will be completed in the course of the present
year ; at least, so far as to enable the traffic of the three Com.
panies now using it to be conducted more conveniently and
economically.
On the 19th of May last, the Directors received notice from
the South Eastern Railway Company of their intention to pay,
on the 19th of July, the purcha,e-muney for that portion of the
Brighton Railway which they are authorised to take, and re-
quiring a statement of the accounts to be delivered to them, as
provided by the Act of Parliament. These accounts (with the
exception of a few items which cannot yet be accurately ascer-
tained) amounting to 327,534/. 15s. 2d., were accordingly
made out as expeditiously as possible, and were furnished on
the 16th of July to the South Eastern Company.
In pursuance of the Act of Parliament, the above amount
has been invested in the sum of 357,4101. 103. Bd., Three per
Cent. Consolidated Bank Annuities, in the names of Joseph
Baxendale, William Wilson, John Harman, and John Cattley,
Esquires.
Arrangements are being made by the Surveyor to the Com-
pany for the re-sale of the surplui lands, which will be com-
pleted without delay ; and the Directors are happy to state,
that, as far as settlements have been made for lard taken for
temporary purposes, they have been very satisfactory.
In concluding this Report, the Directors, reviewing the dif-
ficulties with which they have had to contend, and which have
probably been greater than those on any other railway in the
kingdom, and the efforts they have made to carry out the
wishes expressed again and again by the Proprietors, by press-
ing forward the works, and thereby opening the entire line at
the earliest possible period—feel ccntident of the approbation of
the Proprietors, who will have the benefit of a much earlier
return for the investment, than could have been anticipated.
There can be no doubt that if the works were to be recon-
structed, and more time allowed for their execution, consider-
able saving might be effected ; but this remark will apply to
every undertaking of equal magnitude. The Directors believe,
however, that there is no instance on record, where works of
the same extent as-those on the Brighton Railway have been
executed in so short a space of time, or noarer:the estimated cost.
In their purchases of land, they have uniformly endeavoured to
protect the interests of the Shareholders ; in every ease where
the demands were exorbitant, and such as ought, not to be sub-
mitted to, the purchase was either left to a reference or to a
jury. They court the fullest inquiry, well aware that they can
justify every payment that they have made, but they doubt not
that the reflections which hate been attempted to be cast upon
their proceedings will be entirely removed on the perusal of this
Report. The traffic on the line is steadily increasing ' • the
stock of the Company is in good order ; the money arising from
the purchase of the South Eastern Company will be at the dis-
posal of this Company, when the accounts are finally settled ;
the railway is in excellent condition, and nothing can be more
promising than the prospects of the undertaking.
A resolution will be submitted to the meeting for the ap-
pointment of Auditors.
( Signed) JOHN HARMAN, Chairman.
London, Ist August, 1842.
'The following is a copy of the Report of the Engineer :
TO THE DIRECTORS OF THE LONDON AND BRIGHTON
RAILWAY.
GENTLEMEN.—Since my last half-yearly Report, I have
been gradually completing those contract and extra works that
were of the most immediate importance, which have been of a
very tedious nature, and such as I could not allow to to be gone
on with in the first months of the year, as neither the weather
nor the season were propitious for such undertakings, and this
has in a great measure prevented the closing of the contracts on
the middle district of the line.
The works at the present time are in the most satisfactory
state, although in the commencement of the year there were
occasional slips in souse of the embankments, which required
constant attention.
The cuttings, generally. speaking, have stood well; there
have been some few slips in them, but nothing of importance,
and as the slopes have been well drained, it will secure them
against the penetration of wet. The first thirteen miles of the
line are in the most perfect and permanent condition. There
is nothing for me to direct your attention to till the Earl's
Wood embankment, where some settlements took place in the
early part of the year; but by great perseverance and con-
stant attention the hie was kept in a working condition. I
have now given orders for the trimming and footing the slopes,
as the weather is very favourable for that operation, so as to
reduce them to a uniform inclination, which will secure the
embankments from all future danger.
These remarks apply equally to the embankment adjoining
the Salford viaduct.
From thence to the deep cutting at Kemp's Farm, a distance
of eleven miles, the road is in the most perfect order.
The slip that took place on the embankment near Kemp's
Farm has had my constant attention, and from having it effec-
tually drained the foundation has become so consolidated, that
after three months' observation, I have not perceived any set-
tlement in it. The remainder of the line to Brighton is in
the best possible order.
During the last half-year there have been some slips in this
part of the line that have been effectually been made up, and
I have every reason to believe that nothing but the ordinary
expense of maintenance will; be required on this portion of
the line.
The whole of the tunnels and tunnel-shafts are in the very
best order.
At the stations on the line the works necessary for traffic. are
now nearly completed.
The passenger-sheds at Hayward's Heath have been taken
down and converted into warehouses for goods, and carriage-
sheds for the different stations.
From what I have stated, you will perceive that there remains
very little to complete every part of the works on the line, and
with the exception of the Earl's-wood embankment, the Salford
viaduct embankment, and the embankment at Kemp's-farm,
the whole of the rail Way in the most complete order, and per-
manent state of repair ; and as every convenience will have
beets provided for when the works now in course of completion
for the stations are finished, no further outlay will be required.
The works at the Joint Station at Landon-bridge are making
rapid rrogress, and will be in a condition to receive part of the
traffic in a few months, and I hope the whole nil' be finished
before the end of the year.
In concluding my Report, I need hardly draw your attention
to the fact that when the few works that I have enumerated
above' have been finished, the London and Brighton Rail-
way will be found to be in a more complete and efficient condi-
tion than any railway in the kingdom.
I now advise you to advertise the maintaining of the Railway
for a term of years, and it gives me great pleasure to inform
you, that front offers that have been made to me, I have no
doubt that it will be let at a price, per mile, far below that for
any other railway in the kingdom.
I am, Gentlemen, your most obedient servant,
London, July 25, 1842. JOHN U. RASTRICK.
A general abstract of the receipts and payments to
the 30th of June, 1842, was then read, from which it ap-
peared that there Wai a balance in the hands of the
Company of 37,009/. 14s.
The CHAIRMAN' then proposed that the Report just
read be received, adopted, and printed for circulation
amongst the Shareholders.
Mr. IAR7ONS objected to the Report, but he would not
put the question to a division.
Mr. MAYNE said he had put a number of questions on
paper for the purpose of asking the Chairman, and, with
the permission of the meeting, he would read them.

Company.
The CHAIRMAN regretted that he had not had notice
of the questions a day or two previous, but he would do
the best in his power to answer them. He was extremely
glad that they had been put.
Mr. MAYNE said that he should have sent the clues-
t:;ims to the Directors, but that they had been for some
ti cue before in print.
'girt L. HAYWARTH thought the questions ought not
to be answered.
The CHAIRMAN said he would take upon himself the
responsibility of answering the questions. In answer to
he question respecting the surplus land, it would be sold
by public auction, having first been offered to the sur-
rounding proprietors, as directed by the Act. The two
houses at Croydon were exchanged to his (the Chair-
man's) father for some property, but he appealed to any
one if his father had not been a loser by the exchange,
and would gladly give up the houses. When the sub-
ject was before the Board, he (the Chairman)
took -no part in it, but retired.—(Cheers.) He never in-
terfered in eh), shape or way at all.—(Cheers.) All the
receipts were transmitted to the head office from along •
the line. All the money received for the Company was
paid into the bank, with the exception of 5001., which the
late secretary received from his daughter for a debenture.
The money walk paid to him without the knowledge of
the Directors, therefore, it did not find its way. into the
sanker's books. All the receipts were forthcoming. The
p.i.oper precaution alluded to by. the Committee, was the
want a precaution in not obtaining security floret the late
secretary, which the Directors admitted. The legal ex-
penses for the last three years had probably amounted
to 40,0001. The amount due to the London solicitor
Was about 1,0001., and to the one in Brighton about
2,0001. The engineer would answer the question re
specting the day work.
Mr. Rasriticia said that, at the time alluded to, they
were obliged to do day work, owing to the slipping of
the embankments, and, if they had not done so, the rail-
way would not have been open now. So far from the
contractor having made 25,0001., he (Mr. Rastrick) had
reason to believe that he had lost money.
The CHAIRMAN continued—The sum taken by Mr.
Wood was 1,599/. 13s. 2d. The way he got that stun
into his posseSsion was by checks. When cheeks were
sioled by the Directors, of course they went through
the hands of the Secretary to the payment of the
accounts. Mr. Wood forwarded a letter to him (the
Chairman) certainly, containing threats, as was very
natural, to prevent his being pursued. lie (the Chair-
man) read that letter to the Board, and every exertion
was made to apprehend Wood. Forester was sent down
to Portsmouth, and ordered to use every exertion. He
(the Chairman) had heard that Wood had gone to
Baden-Baden, but whether it was true he did not know.
He (the Chairman) was the Deputy-Chairman of a
Licensed Victualler's Assurance Company, and he was
a member of the Bank of Ireland, and he did not see
why he should not have the right of being a member
of as many Companies as he thought proper.—(fHear,
hear.) The Secretary certainly received the whole of
his salary himself, and what he did with it, he (the
Chairman) did not know. All he could say was he did
not pay any of it to him, although he supposed the
question was intended to imply that such was the case.
He had now answered all the questions.
A long and angry discussion here ensued of an ex-
tremely personal character, the publication of which
would subject us an action. The Report was then adcpted
and ordered to he printed and circulated amongst the
shareholders.
Mr. LEVY.—I wish you would say something about
the dividend.—(A laugh.) I move kr. Chairman that
you give us all you can.—(Laughter.)
The CHAIRMAN said, if they declared a dividend of
15s. they would have to charge the next half year's ac-
count with the interest becoming due on the 15th of
July, but if they determined on 10s. no one could find
fault with the accounts, as the interest would be charged
to the traffic account.
Mr. LEVY proposed a 10s. dividend.
A PROPRIETOR proposed 15s. A vote was then taken,
and a dividend declared of 10s. the share, the original
motion having been carried by 40 to 37.
A vote of thanks was then passed to the Chairman and
Directors, and the meeting separated at Six o'clock.