The Express.
London, England, 1862-08-30 00:00:00

RAILWAY INTELLIGENCE.

LONDON, CHATHAM, AND DOVIR.

The nineteenth half-yearly meeting of the share-
holder' in this railway was held yesterday at the Wert-
manatee Palace Hotel ; Lord SONDES, the chairman of the
board of directors, in the chair.
The report, which we have already published, having been
taken as read,
The CHAIRMAN mid the directors bad had to lament that
the continental traffic did not commence 00 GOOD as they bad
expected. It was not opened till the Ist of May. They had
great difficulties to contend with, but those difficulties had
been overcome, and be was happy to say that
since the continental traffic had been opened,
the receipts had much increased, and the ex-
penses had proportionately diminished. There bad
been some delay in opening the Metropolitan extension
line, but the construction of that line was.being pushed with
the utmost vigour, and he had no doubt that the second
portion between Hems-bill and the Elephant and Castle
would be opened in a few weeks, as stated in the engineer's
report. There was a very heavy work on the Crystal Palace
branch, but it was going on most satisfactorily. He was
sorry to have to repeat the old story that the
plan of the bridge over the Blackfriare-road was still
unsettled. The directors had done everything they possi-
bly could, and they thought it a very hard thing that there
should be:this delay. He trusted however that in ashort time
it would bearncngged. As the proprietors were aware thediree-
ton hadptomoted several billain parliameutthis year, and he
was happy to say that every one of them had received the
sanction of the legislature. The Sevenoaki Company bad
obtained power to extend their hoe to Maidstone, which he
had no doubt would add a great deal to the Waffle on this
line. The Kent Coast Company had also succeeded in obtain-
ing power to lay down a tramway from their line to Rams-
gate Pier, which would be beneficial to this company, as
being the means of connecting Ramsgate with the conti-
nent. One of the bills which this company promoted was
forks:bag the Cray's line, an arrangement which would be
of great benefit, as it gave them an uninterrupted line of
railway from Dover to London. He moved that the report
be received and adopted.
Lord Hague, in seconding the motion, congratulated the
meeting that latterly the returns of the traffic bad quite
realised the expectations of those who had always believed
that the traffic was likely to turn out most satisfactory in
every way. There had certainly been a large increase, and
though to a certain extent it bad been mused by the Edit.
bition, yet be thought they had reason to expect that there
would be a considerable traffic on the line. The opening of
the short portion of the Metropolitan extension which had
already tenon place also gave every promise that the antici-
mama of • large traffic on that part of the line would be
fulfilled, for they found that in the four days that it had
been working nearly a thousand passengers• day had been
carried, which, considering the short distance traversed,
was very satisfactory indeed.
The motion was agreed to.
Mr. V. Bartow mid their secretary commenced with •
salary of 300/. • year, which they bad increased to 8001.,
and richly he deserved it. (Hear, beer.) The allowance to
the directors, however, was only 1,2001., which was am
taicly insufficient, and he moved that It be increased
to 2,000/.
Mr. Hews BROWNE seconded, and said the mover had
made • mistake. At present the allowance to the climates
was not 1,2001. a year, but 1,000/.
The motion was then put and agreed to.
The CHAIRMAN thanked the meeting for the reeolutim
they had come to, and said the directors would continue M
use their utmost endeavours to promote the interest of tie
company.
The meeting was then made special for the purpose et
authorising the conversion of portions of the stock of the
company, and for raising additional capital.
The resolutions were all agreed to ; and • vote of thanks
having been given to the chairman and directors the meeting
separated.

ii,iii
384,017
786,009
3,035,926
111,&50

318,288
310,489
31,134
142,194
25,621
140,168

467,401)
139,600
n4a42
122,400

218,128
339,1.24
34,004
617,701

'114,452
194,153
86,506
64,366
94390
3,987
62,549
66,343
61,462
146,102
♦X33I
54,900
31,297

71.944
47,690