Low energy Λ N- and Σ N-scattering has been calculated in a potential model by solving the multichannel Schrödinger equation. Meson theoretic potentials are used which describe the exchange of nonets of pseudoscalar and vector mesons and uncorrelated two pion exchange. At short distances hard cores are employed. Coupling constants are taken from SU(3), SU(6), and the conserved current theory for vector mesons. Coulomb effects are included and different baryon masses within isomultiplets are considered. Charge symmetry breaking between the Λ p- and Λ n-channel due to one pion and one rho exchange has been taken into account. The model is checked in nucleon-nucleon scattering where it gives a good qualitative description of the NN-phaseshifts below the pion production threshold. A least-squares fit to the low energy Λp, Σ + p, and Σ − p data yields a very satisfactory result. The model leads then to the low energy parameters of Σ + p: a 8 c = −2.42 ± 0.30 fm, r 8 c = 3.41 ± 0.30 fm a t c = + 0.71 fm, r t c = −0.78 fm . The scattering lengths a and effective ranges r for Λp are a 8 p = −2.16 ± 0.26 fm, r 8 p = 2.03 ± 0.10 fm a t p = − 1.32 ± 0.07 fm, r t p = 2.31 ± 0.08 fm . and for Λn a 8 n = −2.67 ± 0.35 fm, r 8 n = 2.04 ± 0.10 fm a t n = − 1.02 ± 0.05 fm, r t p = 2.55 ± 0.10 fm . The possible existence of 2S 1 resonances in the neighborhood of the ΣN thresholds is discussed. Coupled channel effective range expansions are given around the Σ N-thresholds.