The Express.
London, England, 1863-08-04 00:00:00

CHARING-CROSS.

The report of the directors has been issued for
the half -year aiding the Roth June lest. The reoeipta for
that period have been 502,4111. Its. Oil ; and the expendi-
ture, 495,5414 13s. 2d. The principal expenditure has been
on account of lead and property, :k243 fhl. 7s. 3d. ; and
works, 124 6781. Ma ficl. Possession of the whole of the
land required for the purposes of the original line has been
acquired, and considerable progress has also been made with
the purchase of the property required for the City termi-
Due. The Unity-buildings in Caneonistreet have been pur-
chased, and possession taken ; as well as of the Steelyard,
the property of the Victoria Dock Company, in Donate,
to enable the bridge works to be proceeded with on the ,
north bank of the Thames at that point. The report of
the engiueer states that the works of the railway between '
London-bridge station and Charing-erase are now so far ad-
vanced ea to justify the anticipation of the opening of that
part of the line at an early date. The principal work re-
minim to be executed is the terminal station at Charing-
cress, the magnitude and importasos of which involve much
labour and greet consideration, with • view to the arrange-
ments there being carried out in mob a manner as to prove
of the greatest convenience to the public requiring to
make one of the railway. The question referred to in the
report of the *miniver, of opening the line with Simperer,
arrangements in the first place, will have the careful consi-
deration of the directors, who are desirous that the public
should be admitted to it. uses, and the large capital
invested in it be made productive, at the earliest practicable
period. The contractor for the works of the City tertnious
Csooonetrest is proceeding with the second bridge across
the Thames, opposite the Steelyard; and ae that work ie
considerably lase extensive than the bridge at Hungerford,
aed early possession is expected to be obtained of the
whole of the remaining property required for the
station, the directors have been encouraged to
' entertain the hops of ita being completed and
opened for traffic by the end of next year.
'rgrectors intimate to the shareholders that, under the
powers cooferred by the Charing-crcas Railway Act, 1863,
an arrangement for =alma:atm' this company with the
South Pastore Camping, to take effect after the opening of
the lice to Charing-cross, is now nadir the considaratioe of
the board; and when the terms have been matured they
will be submitted to the shareholders at the earliest °ppm-
tanite. la the meantime it is necemary to exercise the
capital powers conferred by the same act, and at the con-
clusice of the ordinary halllearly busbiw of the company,
a series of resolutions will amordiugly be subenmitted to the
shareholders authorising the memoir and issue of further
share capital to the amount of 700,0001. in shares of 101.
each, entitled to a preferential dividend at the rate of five
pounds per mot per annum in perpetuity. Resolutions will
also be submitted to the meeting for the pur of giving
effect to the provisions of the new act, in so fns they re-
late to the hotel now in coarse of erection at the Ckariur
cram terminus. The company are empowered to hold
63,0001. in the shares of the hotel company, being the
amount of oonsideration agreed to be paid for the lease of
the hotel site ; and the directors request authority to carry
into effect the oticeseary agreements and arrangements be-
tween the companies.