Financially, however, the directors still swam in troubled waters. Creditors became impatient and began to press their claims. More than one suit was brought against the Company involving long and expensive proceedings in the Court of Chancery, and very early in 1868 it was found necessary to convene, at Oswestry, a meeting of the "mortgagees, holders of certificates of indebtedness and other creditors, and of the preference and ordinary proprietors for the consideration of the best means of dealing with the conflicting and other claims and interests of the company's creditors and proprietors and of passing such resolutions in regard thereto, or any of them, as might at such meeting be deemed expedient." To obtain some means of getting out of the financial morass in which the undertaking was floundering was "expedient" indeed, and it is hardly surprising to find that, in view of the many conflicts of interest, the assembly is recorded to have been both "large and influential." Mr. Bancroft presided in the absence of Earl Vane, chairman of the Company, and he was supported by the directors and officials who had done much to bring the Cambrian into existence and were now struggling to put it on its feet. The scheme which was laid before the meeting was long and complicated. More than one meeting was required to thrash matters out, but in the end a readjustment was arrived at, and a new scheme was adopted for constituting the board. From July 1st, 1868, until December 31st, 1878, it consisted of ten directors, four of whom were elected by the Coast Section and four by the Inland Section, the other two seats being in the nomination of Earl Vane and the Earl of Powis. The revenue from the whole undertakings went into a common fund, and, after deducting working expenses, the surplus was divided between the Coast and Inland Sections in certain proportions, to be determined by arbitrators and an umpire. Admirable as this arrangement might be in theory, in practice we know what generally happens when "United, yet divided, twain at once Sit two Kings of Brentford on one throne,"