The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1858-08-24 00:00:00

Dorsstob ire.

BLANDFORD.

DORSET CENTRAL RAILWAY.
On friday the adjourned meeting of the share.
holders of the Dorset Central Hallway Oompany was
held .sth. Cruern Hotel, Blandfurd, Blr Edward R.
_ . _

Baker, Bart, deputy Chairman of the &nature,
presiding,
A preliminary meeting of shareholders took plea
at the same hotel during the forenoon, for the pur•
pose of arranging what course they should pursue
rolative to the mulitors' report, which wee to be laid
before the adjourned meeting at one o'clock. Con.
Womble dissatiefaction was expressed at the meeting
with reference to the state of the &mounts, and it
was proposed, after much discussion, that E. Castle•
man, Esq., T. H. Bustard, Esq., and Mr. C Hen.
villa, should be deputed to confer with the direotors
as to the Mate of the accounts, and to obtain, LI
possible, a full examination of the books of the eoue•
pang, vouching to the shareholders for the exact con.
dition of the financial affairs of the oonspany. The
deputation duly waited on the direotors, and having
shown to them very fully good grounds for the dia.
satisfaction of the shareholders, requested that they
might be allowed to examine the amounts. The
directors, thinking that such a proceeding would
amount to a want of confidence in themselves, de.
dined to permit the course suggested being carried
out. The result was that the sivireholders deter.

mined on not pursuing the line of investigation at
the adjourned meeting as at first contemplated, con-
oeiving that by doing so they would be obstructing
the future movements of the railway, and thereby
overthrow a great public good. It was the intention
of Mr. Castlemon to propose, and of Mr. Bastard to
second, an amendment to the resolution submitted to
the adjourned meeting by he directors; but as that
meeting was cloak so soon sufficient time was not
allowed them to draw op the oontemplated amend-
ment. We believe thet the propriety of allowing
the investigation of the books asked for is to be a
subjeet•for future consideration on the part of the
directors; and, if the dissatisfaction now felt should
continue, we have little doubt but that the directors
will ultimately meet the request.
The adjourned meeting wee announced to com-
mence at. one, but it was two o'clock before the
ehairmen.took his mt. sir sdward. weseupported
on the right by the Right Honorable Lord Rivera,
and on the left by J. C. Mantel, Esq., directors.
There was a moderate attendance.

The C.irspagan opened the proceedings by calling
upon the Secretary, Mr. Read, to read the notioe
convening the meeting.
The SXCRECTARY therellpen 00*Pliell with. the re-
queat—the, makes etating that the meeting was for
the. pupate ,of receiving a report of auditors ap-
pointed on July 27.
The Cgairimag rid that as the accounts of the
company bad already been rendered, he
.begged
leave to propose "That the statement of accounts to
the 8001,4 June last, already circulated amongst the
shareholders, be received and adopted."
Mr. R. K. Savants, M.P., seconded the motion.
The CHAIRMAN.DinIarkeII that the directors would
be very glad to hear any obeervations from share-
holders present. No one attempting to address the
meeting after some time had elapsed the Chair.
man put the resolution, and it was carried with one
disieutient—Mr. Day.
The meeting was then, after a pause, dissolved,
when _

mrg

Mr. SIMMER, M.P.' rose, and said he did not
think shareholders should separate without carrying
• vote of thanks to the Chairman and directors for
the attention given by them to the business of this
railway. The time had gone by when any great ad-
vantage was attached to the situation of railway
director' but he could recollect when, by the distri-
bution of shares, patronage to relatives, and other
wave, it was a different affair. Shareholders could
not be too grateful to those gentlemen who had come
forward at, it might be depended on, very great
trouble on their part, and they duet yed warm thanks
for their conduct. He to suggest that great
efforts were now needfulbl.rreamado in rested to the
carrying out of local linos. There was a time
when capitalist,' came, forward to help such
undertaking', advancing money to any amount for
railway purposes ; but the sad experience of the last
few yew& and the state of some of the principal lines,
bad entirely altered the opinion of capitalist&
Hence those who wanted railways made in their own
neighbourhood could only obtain them by themselves
wining forward. It was his conviction—and he had
expressed it publicly and privately —that they
should not immediately look, in the establishnient of
a railway, to the positive pecuniary return of the
capital expended, though he thought that would be
got, but rather to the indirect advantages following
from a railway. (hear, hear, and applause.) He
was quite satisfied that if he had £2,000 or £3,000 to
invest in this undertaking, that by the carriage of
slate, coal, fro., which were obtained from Poole, he
should get quite sufficient for his dividend, consider- ,
lug too the advantage of travelling by rail himself and
his friends, pending parcels, receiving heavy goods
that could be profitably carried a penny a ton a mile,
and conveying building materials, which were being
constantly made use of. Under the improved eye-
tem of agriculture, now so general, they were likely
to make greater and greater WM of railways. They
must exert themselves, therefore, locally to get this
line made, for he was quite sure they would not like to
see that great ugly chalk embankment a mere dis-
figurement to the country but would wish to turn it
to RAM As far AS he was 'mourned he should en-
large the number of his shank and he thought others
would do the same. (Cheers.)
Mr. J. H. Correasm of Bath, though not a resi-
dent in the county, had very much pleasure in
usionding the proposition. The report they had
received— whioh WAS the lint they had received sines
the formation of the company—showed the way in
which their affairs had been swaged. .All their
directors were men who worked hard for the interests
of the company. Gentlemen sometimes heard of :
directors dipping their hands into • company's '
exchequer, but here were directors actually making
themselves responsible for £B,OOO or 40,000, which
was a strong proof of the great interest they took
in their work,. For one, he felt personally thankful
to them. The engineer's report stated that • third
of the things necessary had been obtained at an ex-
penditure of something like £16,000 ; but the part
of the report which struck him most Was that which
urged shareholder', theft who hod or had not already
taken an interest in the undertaking, to raise
.441,000 in order to secure the contractors' £lO,OOO,
which they had offered to fled for the completion of
the line. He thought this most important, and it
did not seem to him that tliere should be uly daft.
*silty in the matter in • district like this; for if he,
Who resided out of the county, had been induced
from • knowledge of the advantages that would re-
sult from the formation of this railway to beoome a
aharebolder, how much morn should be the interest
taken in the work by residents in the neighbour-
hood? If • oouple of !mucked gentlemen tool' np so
many sharer each the thing would be done. This
was looking at the line from Wiinhorne tßlandford
only. But, looking at the entirety of the under-
taking round to Bruton, and considering that the
Gleatenbury line, which would communicate with the
other aide of the Bristol Channel, would also come to
Bruton' it must be evident that the Dorset Central
,would be one of the finest lines to be met with anv-
where. Shareholders ought to give their beet thanks
to the directors who so thoroughly deserved the com-
pliment, they having said "Bather than these works
shall be stopped we will be responsible for the money
requisite. f' He felt satisfied that if the work were con-
tinued the result would be most profitable. Many
things now profitable had had to endure far more
obstacles than the Dorset Central Railway, and he
begged to second a vote of thanks to the Chairman
and directors for the excellent part they had taken in
the. iirocootitin of this work.
Mr. Savants pat the resolution, and it was unani-
mously adopted.
The CHAIRMAN said, as deputy Chairman of the
board of directors he, in the absence of Mr. Denby
Seymour. M.F., the Chairman, begged to return
*banks IR the name of the directors and for himself
for the honour just offered them. He assured the
meeting that in every respect he wee most anxious to
see theline completed. They had had very serious
difficulties to onntend with, and he believed no small
line greater, still with • little patience and perse-
Tomo*, be thought the work would be fully mom-
plished—though not so quickly. perhaps, as could be
willud—and that the line would eventually pay,
tiPittng every one. He returned his sincere thanks
_ iown part, and on that of his brother directors.
Who usendily than separated.
Ilielsjoined is the
AUDITORS' PAPORT.
TO TIM ISALMIOLoSSA of 55 WWI OINTALI %AMWAY.

to you the ateouute, we have wham corn.
%duties ittir appolntrneut • but this being
ve been ed In 441:re, probably
- Pohl whir have under our
' our duties, Will not prove unaeceptable

I Souks%
dinsd
"r! bra

memo 4-

insplloned

nriiotaT; hiv.

R.. that the
) MK by the
1 we eheuld
I moo ; 70, Jutisr * us, no bre
Or sound bier
Will r

The only other motto, on whloh wo would trouble you with
ally Pinang/ to on s oubJeut alou alludod to by the Chairman at
Wlmburoe, {hit to to my, Oho payment, or rother the nun.
payment of Oallo on the iltibecribad.for Ohmic
The only oust In whloh Shore+ have been ottbsorlbod for 'lid
II poyment outdo thereon are very few In number ond very
small In mount being slmost without exception confined to
few mom where sit ter tho subscription ohould not hove been
taken to the ktal looting+ or the party hat slum boom, hp
solvent.
Tho Aupount now submitle I to you sluo hem upon tha fees
Of It the foot that mony Shone aro In armor upon each of the
Dods made ; but, bollevlng in we do, that, In every ems not
minprined In the olom previously alluded to (elteePtillif 0b... 01
Manna Oak, Snow, Itoraeo, and Wough), then. Out mem to
doubt hut the full voluo of 'ivory ilium will be ultimately pold,
we ore Manned to think thot the Dlrvotoro hove autud
In nut having, 14.1,yet, rooortod to legal promedlngo lii toy
Inatome.. Although proved in the Directors are by an want
ot alaa neromory fund. for oollOnlealllg the andarlaaladt teal
oontinuonor of suith forbearance mutt not ha ualoutated on
by the defoultora
IBDWARD AubiTim.
T. N. netniarr,
Blandford, August 10th, 111611.

.........,
~
1„..:17.4.1...,
~.. wø keys
„,,,„,„, WI soon
ne4lae surdas of
to Use TOn
Vi
thit
o bore eareeul, , through all the womotory .-
6,160re1el siosoY. 61016aigg every las* sad %yawn,
siim jungWel, le, the epth Njee IA pest, lk dolly;
LI:
wiblikK.nirogarritil vegogartrprt
mum lived by the .
iraimiaii,H'ol:4l:strth.siaa'
two Obsoloss, rid sou
meow/
oft
ot
We think It ewe not W
mak. pap .11...ic,g 4. eqe. or two nuks mmuo,
mi.. ~.,ii.,og,og his mart. at Wlmbome.
VW* 16the ideeil. ZVI= td.led
preesea. AA
h'lalni AlVAialgl4l;el °Vac.:
are,
alloftd to bellows alijirstss‘ 6 i A clisert
to owo6
Walt • • - town,
E....... 4",„..,
.......i..
va."01... --,
... ' ' eorrtaltoeunga anol
s
AV't
doh 0-1. *m.64.