§ LORD REDESDALE,in presenting a Bill for securing the traffic on railways from interruption by the creditors of companies, said, that at this moment very great apprehension was felt by certain railway companies lest proceedings might be taken against them by individual creditors, which would have the effect of stopping the working of their lines. An inquiry was going on in "another place" on this subject, and it was extremely desirable that no steps should be taken by any individual while that inquiry was pending, which might tend to the inconvenience of the public, or to the injury of the general body of the creditors of those companies. The Bill which he begged to lay on the table would suspend the power of proceeding against railway companies until the 1st of August, with the intention of the measure being renewed by that time, or modified by legislation of a different character. In that way great relief would be given, and railway property would be secured from invasion by single creditors.
§ A Bill for securing the Traffic upon Railways from Interruption by the Creditors of Companies—Was presented by The Lord REDESDALE; read 1ª. (No. 43.)