The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1867-04-02 00:00:00

BRIDPORY RAILWAY COMPANY.

The half-yearly meeting was held on Wednesday, at
the Secretary's °Mose.
The report of the director' and the financial state-
ment, which we gave last week, were taken as
read.
_ _ .

Mr. Lean, chairman to the tam piny, moved that the
report and accounts be received and adopted. saying :
Although the direetors would have been glad to have to
congratulate the thareholdeve on • far more dourtsbine
report still there le nothing to discourage. On the
contrary each succeeding half-year ham gralndly
Improved our position. All debenture and preference
int.-rear will have bees fully and punctually paid out of
the amines, and • email ballade carried to the next
amount. Thus gradually, though slowly, we are
making progress. It will be remembered that
Mr. Wylie, the engineer, some time since
made • claim on this company for an alleged
balance said to be owing to him. The Directors have
weeded to • compromise by • payment of Elle and 30
ordinary shares in full discharge. The Directors regret
that the dispute with the Great Western Railway
Company is not yet disposed of. The shareholders are
aware that the chief contention is on the construction of
the agreement by which the Great Western are to re-
sale. 52j and we 47i per sent, of the " gro-s receipts,"
Previously to any division, however. the Great Western
have always first deducted the full amount paid for
cartage' at Radnor* thus dividing not the gross
but the net receipts. This hes appeared to us so
manifestly unfair, and so utterly at variance
with what was undoubtedly intended, that we
have been incessant in our efforts to obtain redress.
The matter was ultimately referred to Captain Dalton,
who has had three meetings at which witnesses were
Passed and counsel. The case is strenuously contested
by the Great Western. Wears now expecting Captain
Galton's award, which we cannot help hoping will he in
our favour, and In accordance with the weight of facts
and arguments, as well as fairness and justice.
Mr. Marra seconded the motion, and it was carried.
Mr. W. Bwatridge and Mr. W. dmith were re-cleated
directors, and Mr. Good was re-elected auditor.
A dividend of 6 per cent, on the preference shares, for
the half-year ending December 31st last, was declared.
This concluded the business.
The 8101griar (Mr. Flight) dated the steps taken in
the dispute with the Great Western, but his remarks
were simply an extension of the Chairman's statement
on the subject. In eonalugion be said he had never
known • stronger OW than that presented by the
Bridport Company, and, if the award went against
than, it would be • ere of mighty injustice overcoming
poor Right. In his opinion it was beyond any doubt
whatever that this Company was in the right.
le answer to questions, Mr. FLIGHT stated that the
amount for collecting and delivering goods at Bridport
was between £660 and £9OO our annum, having matt
Increased of late years, which be considered to be •
favourable sign, and to show that the line was in a
healthy stale.
It was also dated in the course of the conversation
that if Captain Gallon's award was in favour of the
*taped ()moray, they would receive about 41,000.
The daisies& is expected in about a fortnight.
A vote af thanks was passed to the directors, and the
meeting separated