The Express.
London, England, 1852-09-21 00:00:00

SEPTEMBER

21, 1852.

RAILWAY.
Yesterday the adjourned half-yearli meeting of
this 'enmity was bald at the Assembly Rome, Waver-
heimplea, the Rea R. H. Guy% N.P., ia the shale.
IS grille aselleasil Rata the ha meting was atieurad
is WSW to glee the Gases Walla Campy aa ammo
neseeMerlog the sae tilzhiiiiimede le the 11111111-
of Mk mammy. The seppliemeatasy re-
,
of the liesall waa read le the yamsedey
Tour disilliSll6 is their report pressas4 to the prepris.
' toes at the haltyarly nada, bidd thetas at...related
to segetiatisse whik had takes 'shies with the Great
Waters C
ia`dm=iy, with • view 'a the rameal et the
alike
the mistiest apemen% Wash= alike
gestimata and to the Maimed at Me period
to the emeigamegism sad stated Siege amilesties that,
wittiest roleadeg the lihrewsbery isempaeles is way
ism the mills, to Warms lila rmelsMd eon •
psalm, the imams the Great Meows Compesy Sr.
=tfelsresessessart le their proprietors to amen I. *eh
of the Shrewsbury Companies as may sew en-
dovish* le bold their shares and support the subsisting
tn.".the option demising, in lieu of the provisions
of the Bth of May, such dividends's" will'
IMMO tseeeay up Is the Ist of July, 1863 ; and from that
wad • serbila Sued dividend of 3 per cent. for three
yam, with Wit the surplus profits ; and thereafter of 31
m ead. is peopeteliy, with also half of the surplus prat'.
die NUS discussion, unanimously paws
the I=lsnlesistim as an amendment upon the usual
asties, se reed* semi edam the report of the directors i—
" That the report of the directors be received and adopted,
wi-h the essegiss of that part of it which States the offer
of the Chest Waters Company to be satisfactory. That it
be ea lestreales to the directors in their nefotiatioes with
the Greet Wester% Company not to relinquish any of the
profits of the Shrowsbuy and Birmingham Company up to
6 per eat., ass a seassea le a lied guasautee of less than
4 per asstorithat pada Year directors have accord-
lasly ha beim the Gast Western howl the views es.
ia hoogskeg_ resoimisa, and they have the
Who Wine tisk porkies the following
I aseeessailme aUsgrommat atemod by the Aspeatans from
the NNW beside of disestem rbe of their respective
•• Paddliego* ilestles, Sept 2, 1862.—The
Guam Ce.wNl, seliem to ibe following ma-
dames, seseent (maw peeper tte be approved
by awes* to same it option to th sue shareholders of the
ter Shrewsbury asespaiss who willaudertake bold their
sheresow is rah* Os as
to ethers to bad the par-i
chairs to the awe aniamots, to hied themselves to assist
by wean et the Wbuseliffe sisetiags, sad otherwise ,
to import the bilis and to wry set the subsisting
=mai between the three esameedu : provided
holding at lent earielf Si the
cesettaPresinempew gill meats seek ogreiment.'
1. Ckeel Walesa- Cempeny, whoa authorial by par-
Mimed te de se, win ems* 3 per asst per annum during
three years, se s guusaised dividend; sod 31
pee sent._ per 111.11111 E shirr three years, es a minimum gas-
mese& dividend to those proprietors who may have per-
hand the agegemate, and who may declare their option
wilds me see& ease the wane of the Arnalgunatioa
Aid le leashre sea guagates ea their respective shares.
2. The mid shembeidees shell be eatitled to all the profits
as their shams is seems of those respective dividends, after
reimbursing eat of those pestle le the Great Western Com-
pany say sateeedest less fir edema made by them towards
ash guaranteed dirtiseida. a. The Great Western Com-
psay are to have the smile Si buying at par the said shires
at say time during the period fixed for the guaranteed
minimum dividend of 8 pee amt. per annum. 4. Is weal-
deration et this wroestra, the Great Western Companyare
to be held miliaria teepplyteparliament is their own name,
separately, bet emlempommeronly with the set for midge-
deafer a bill to obits maim powers and stations, sidings,
eel WWII INOMisedlithel, IP., over the two Shrewsbury
Masora emit hge "pendia in the event of the Am
ties Bill hiss ham any reason to be carried througitnaar.
lama daring the .eat session; and the Great Western
thimaresmaziatymelw applyt if they require it, in the said bill,
he powers, or in the Amalgamation Bill, or in
bah of for parliament to sanction additional rails
Zw eldil over'the said railways or either of them, at the
e~ of the Great Western Company, for the purpose of
nosing their band /sage emines and carriages continu-
ously over the said Uses. 5. fhe foregoing conditions ere
to be emilemshery of the subsisting sueemtnts—and sup.
plumed le Ihses--sed set ia substitution for them; and
are to be serried eat is the .user to be approved by coun-
sel, so as not to offset the validity of any of the said agree-
ments; sad the &greasiest is to be submitted forthwith to
special general meeting" of the three companies fee cootie-
mato°.

'Approved on behalf of the Great Western ILti!way
Company. C. Renew., Chairmen.
(And signed by other members of the board.)
" Approved on behalf of the Shrewsbury anti Binning-
ham Railway Compaay. R. 11. Cues, Chairman.
(And signed by four other members of the board.)
" Approved on behalf of the Shrewsbury end Chester
Railway Company. WILLIAM WARDELL, Chairman.
(And signed by three other members of the board)
The report went on to say, the Amalpmation Bill
will enure to the shareholders generally t—let. An
amalgamation of the companies upon the basis of their
respective earnings. 2nd. It will be in the option of
the 'Shrewsbury shareholders that the amalgamation
take :place in the year 1857, or say future year up to
1880. 3rd. It will Wan be in their option to continuo to
receive separate dividends hem the traffic over their
ow. lizes, after the amalgamation, until they earn or are
considered to earn four per cent. 41b. They will have
inured an interim guarantee of three per cent. for three
yean, end three and a-half per cent. for the fourth year
out of the London through traffic— that is out of
traffic from London passing over any part of the
Shrewsbury lines, and nee versa—and which trade
will commence upon the opening of the Binningltaaa and Oxford line on the first of nett month.
It will secure to those shareholders in particular who sup-
port the Amalgamation Bill-56. The option within one
mouth after the pasting of the eat of accepting in lieu of
theinegoing terms—the adraleges of the London trade
▪ is let July, 1853—a dividend*/ 3 per cent. fur three
yeas hoes that date, and therealler a dividend of 31 per
Mt. perstaity, sad in both eases the entire profits be-
yond lbe . The Great Wenn having the option
of the sleek set par drag the first three years.
Clearest theme lame with say that hie Leaden and North
Wales Morey haw aired. The sherd agreement
with tbh eirray solase $ prit asst. he two pears, 31 per
cat hr two year, mad 4 re rat. for 17 year out of your
own eerier. In like manse the Shrewsbury and Chester
Ca a tie mast
iests4l cent bat with the (utile as the
the ierebeidere vain* 761. of IneAes and Western
stock kr enry 1001. et die lihreweber and Chatter, whir,
taking even the premed Web_ prise 63 LINA= Rath
Western stock, is 7 par seat Maw per. Ceatrest the terms
secured by the Great Wooten animate with ay better terms
which theLoadenandNerthWestorsCompeny May offer. Yon
are indirectly informed that that esersay will give you an
immediate absolute guarantee of 4 re cent., if parliament
will saactiee it. Bat will peellemeat sanction it ? Will it
permit the treader of the lerewshery line to the London
and Meth Wester Compaq as any terms? Will it make
no Newtof tereassalli beihmably entered into with the
Great WERNER Oialpmy, sad legally binding ? Will it
nalWy the polity it bee se eleariP indicated of a second
rate between Loam eel the Kerry ? Will the London
sad Werth Weiler Clespeay_ remete such a bill in the
art mein otrellemetat ? Ter directors invite them to
de 81, EMI thareby la Ikea the delusion in which, for ob-
vious esemed. It fe disk *My he a little while longer to
keep those diaseheillees et du Shrewsbury Company who
have bad belearel Mt It. -Aisle rue directors repeat
that the *Mies of the reposed terms will only prolong
Wettish acid
se tall lair= hoes time to time the
receipt off rem he yea property ; but they
tram that shoe &NEMO lIMIENNERE by the Great Western
Ceara,. la dime amillied Mom te hem* the Shrews-
bay limas a jibe rasa =teat ereilly with their ewe. they
will resolve thes mapper which all ifs ever pa ea end to
the peered asisee."
The agrarian baying bra reed by Ile. Prue, of
Shrewsbury, the eimaay a eelisitor,
The Camases ate and sold that before he pet the mo-
tile to themeedag whisk it would be his duty to admit,
be deemed it aesseeary es make a fewthe observed/las.
It die sitemtheidepe bask r attention
to the lastraettes the beardawry reaereMlßil at thee edjsers-
swat et the lest sdag, tbsy ROOM the tell wawa in
the readeleameedre
Oho report which had been reek row-
log tlat the Great Werra Compaq usual to terms
whir, is re spialee. right to be eatishatery to the pro-
prietor. The Great Waters Compeer wu prepared to
give terms whisk elided were adventures than a fired 4
per cent.; they repeal 31 per au. end all the surplus
profits ; it them tsar were aseepted it woad, I. hie opi-
Dios, plea the railway la a peseperas audition.
Sotandikii had bra said Meat the directors
Weeks Jae an entirely asw weeniest such a
thing OWE set be, they were breed by an agreement
MAE earephatly all other ersemeate mast there-
hre be sappiemeatsr. The Ira pentium seadaiessill
moving supplemeatuy egreament reed be
sad tha wee mama seal of the saispasy be affizeci