The Express.
London, England, 1863-02-19 00:00:00

RAILWAY INTELLIGENCE.

LANCASHIRE AND YOKKSHIRE.

The half-yearly meeting of the proprietors for the
transaction of the ordinary business of this company was
held at the board-room, Manchester, yesterday. There was
only • moderate attendance.
Mr. J. Frames complained that' some of the accounts
were not given sufficituitly is detail, and expressed his sur-
prise that the details of expenditure proposed in the vote
tor 100,0001. bad not been given to the proprietors in the
The CHAIRMAN, at the request of Mr. Fielden, reed over
the details, which consisted of sums 'varying from ISM to
2.000/. to be expended on works in connexion with about
fifty different stations OD the line, and said it did not follow
that the whole would have to be expended during the half-
year. He could assure them that the board would be very
glad to save all the expenses they could, but it was nacos-
nary to take these powers as a matter of form.
The CHLEILIIAZI then moved the usual dividends on pre-
ference and ether stock, and 2 pw mat. on the ordinary
stock foe the half-year, payable 2nd of March.
Mr. ANDUe seconded the motion, and expressed a hope,
from the state of the traffic, that next half year, instead of
paying a dividend of 4 per cent. per annum, they should be
able topay 44 percent.
The motion was carried.

Mr. JanMaAnd= and Mr. Samuel Fielders, directors re-
tiring by rotation, were then reelected. Mr. Harpur wag
also re-elected auditor. _ _ _ -

The CHAIRMAN moved that the directors be authorised to
expend a sum not exoeeding 100,0001. on the works before
referred to, and the reeolution was =lied without further
comment.

Thep;oceedinp concluded with tbanks to the chairman.

MIDLAND.

The half-yearly meeting of this company was held
on Tuesday, at the station at Derby ; Hr. S. Baku, M.P.,
in the chair. _ _ _

TLe repot of the directors, which has already appeared
in this journal, with the statement of accounts, wu
taken ea read.

Hr. Oa, of Nottingham, complained that their expenses
were increasing too rapidly, and that this was the result of an
unhealthy competition to obtain Indio. They had been
=limn* 19lf nothing; let them make peace, or en
tire with the Great Northern Company. Be
denied that the Bedford extension would be made for
1,750,0001., or for an fig like that ansixot.
Mr. Her of Bumiegbam,took a simile: view. The
policy of the Midland was one al assolsai
Dr. 011amit moved en amendment to the in
future no new capital be asked for at any meeting unless the
proprieton had received at least one months' notice of the
same ; also setting forth an estimate of what the new bee
was likely to produce ; also that there be no further leases or
guarantee', but that the policy be maned to the develop-
meet of the Midland line and its branches. He excepted
from this amendment the Bedford extension • but he said
the London and North Western board would have to
swallow an amendment of a similar character.

Mr. Z. WALLER, of Birmingham, seconded it.
The amendment was negatived after • long discussion,
four hands only being held up in favour of it.
The report wee adopted ; and the various dividends de.
Glared aa recommended.
The meeting wua afterwards mad. special, and resolutions
were palmed for raising the new capital by MASS of
640,0001. in • five per cent. stock, irredeemable, in 151.
shame ; also 500,0001. in • five per cent. stock, and 41.
shares. These to be created under the Midland Acts of 1862.
The wooaadings, which had been unuanally lengthened,
concluded with a vote at thanks to the chairman and board
of directors.

RAILWAY AND PUBLIC COMPANIES IN
PARLIAMENT.

Yesterday, before the examiners, Maim Smith
and Freres the standing orders of partimnent ware complied
with is the can of the Ludgate Station end Junction Roil
ways, by which bill it is proposed to establish a railway
station, or stations, on the Nis lying between the roadway
of Earl trees, Blackfriara, and that of Skinnerctieet,
Snow-bill, with buildings, approaches,, sidings, workshops,
Jackals', engines, machinery, together with three junction
rail the drat commencing by a junction with the
M • n Iratearioas at the Dover Railway Company
en the south side if Earl-duet, Ellackfrids, and tarmind-
Mg in the parish of St. &pular, by a junction with the
Metropolitan Railway at or mar the kaolin= in Vic-
toria-street and West-street; the second starting from
the first at or near the junctiou of Skinneretreet,
Snowfall, opposite the end of Seaccahlane, and ter-
nineties near the point where King-street and West-
drat terminate in West Smithfield ; the third commencing
from the intended first junction line is the parish of St.
Bride, near the junction of Ludgate-hill and Farringdou-
direst, and terminating at or near Bradere-baildioin, in
the parish of St. Sepulchre, end on the east aide of Faring -
don-street ; the object being to form a central railway station
between Earl-street and Unser-street, with junction lime
to connect it with the London, Chatham, and Dover Rail.
pay and the Metropolitan Railway, Smithfield, and the
City, at an estimated cast of 1,000,0001., with power to
borrow 333,300 i., sad to make errangements with the Lon-
don and North Western, Great Western, Great Northern,
and corporation of the City of London. The bills fee the
amalgamation of the Stoke's Bay Railway Pier and Me of
Wight Ferry Companies and to lay tramways and punned
had to give turner powers to the Buckley Railway, and
regulate the navigation of the river Dee, and for the shee-
tel the Raying Railways, also complied ; also
torlr London Markets and Fulham-bridge.
; The bills withdrawn wen the Gravesend and Peening-
karn-road Junction Railway, and the Conti, Maohynalstia,
end River Dovey Tramway.

BIM= AND Ins MADNDIND TILINNIAPH COM-
PANY .—The report d the a bloke abeam an kr IMMO in the
receipts of the , which kes aimed Wu to declare
an improved dividend for the second ladfiaar at the rate of
5 per otet per annum, and le males as mitten to the re-
serve el the 31st December, utps amine it up to a total of
8,1412. 15s. bd. The total anaomei ot thaws law been larger
than that ot /ask year, bat this is dee in • peat maws to
emeseary bpi end parliamentary =pee= which ewe of
ea mwagekinal ohnewiter. The opacities et the la. Will
puma eyesy bele section of the company's Ilne• confines to
be eatipely felt ; and the increased buidasen that has resethed
hem lido reduction, whilst entailing heavy additiseal a:-
=s4.the transmierion, still leaves the receipt" oa that
111 f below their previous meant. The expert.
anse ot more than • year's working of the 'bil-
ling tariff fully confirms the view exprewed in the
hot report, that for any but vary short distances it I
utterly uuremunerative. The 65,2301. terminable 7 per
_ _

cent. preforms, sham, issued by lb. British Telegriph
Company before the amalgamates of the companiee, became
redeemable after September, 1962; and your directors are
happy to state that them *bares were paid off and este.
ed in November last. The issued the 6 per cent. pre.
mem shares created by the last annual meeting, mainly in
substitution of these Mares and of the bonds of the com-
pany, has already made oonsiderable preyed* ; and the
directors trust that the encouraging position of the company,
as shown in the aocounta, will lead to their rapid ahem.
tiros by the shareholders and theblic. Doing the past
yen 287 f miles of Bee, or 1,334pu miles of wire, have bees
added to the company's system, including several new rail-
way telegraphs, and the extension to Gloucester, Bristol,
Newport, Cardiff, and Swansea. This extension was opened
a few months since, and is already yielding a satisfactory
return. Additiooal wirer have also been erected memo of
the main lines, to provide for increase AI traffic. The
mileage of the company now amounts to 4,0098 miles of
lice and 16,492 i utiles of wire, muscling together 410 stir
time is the United Kingdom.
Wadi,RADIAN, AND BUNTINGIFORD RAILWAY.
—Mr. FL Imvelebairmsn) and a party of the directors of the
Great Eastern Railway Company have just paned over this
line, which is fifteen miles in length, and for working which
the Great Eastern Company Ms made arrangements.
Notice has been sent to the Board of Trade applying for an
*Medal inspection, and on the usual certificate being received
traffic will be commented.

Swous ACCIDENT ON BOARD THE STEAMER CITY
01 NEW Yon& —l,tv Karoo t., WEDNESDAY EVENING.
About nine o'clock this morning en accident of a rather
swims nature ;on board the steamship City al
New York, to the Inman line of New York
eteamses. It appears that this vessel, at the time of the
accident, was lying in the river midway between the Princes
Lading-gage and Seacombe, with her anchors down. As
the vessel was shout to start ea her outward voyage to Nsw
York s hums number of the craw were an the forecastle,
engaged in workiag the capstan, so as to rah' the anchors.
The tide at this time, 8.40, was Bowing in very strong, and
the strain open the anchor.chain was consequently very
great. An west 'well fora time, when about nine o'clock
the ship gave a lift at the bow, and suddealy the "chock,"
or catch, which prevents the capstan from revolving
too quick, gave way, and as the pressure was very strong
kug then, the capstan flew round with alarming rapidity,
nocking the en bars shout is all directions, together
with the poor tsllewe who had bold of them. Two of the
men were very severely injured and were sent ashore to the
Norther. Hospital. One of them, Alexander Omen, a
Binds, aged 32, has his left leg broken and his right leg
severely =rimed ; the other, William Cron, aged 23, re•
osived a concession of the huh, but both are doing well.
Two mew, named John Wien°. and Thomas Nebo., were
ago seat ashen, but as their wounds Were lily alight they
had them dressed and then went home. Owiag to the ex-
ODIUM ariasgententa on board the ships of the Inman line,
the damap to the capstan was soon repaired, sad the vessel
preerded ea her voyage.
THE FATAL ACCIDENT AT THE COAL DILIVI AT
Panoomercer.—Tenterday afternoon Dr. Lake*" resumed
and concluded the inquiry at the Bank of &dud Talon,
Cambrlegoaphee, dingrami, on the Wise ef Thomas
Downie, John 80affords lad ihophat Lupton, who hurt
their hem at the station of the B•abon Coal Company on
' the wareig st the 4th oh. • goad dial of additional
evidence having been takes, theiveliNcsand a verdict of
" Manslaughter " against John the manager to
Mares. ilmith and Knight, the mattattere, and William
Lester, the oontreetor for the removal of the Doll and the
sinidag of a well, ea the grimed that they had not takes
a
=Loh had aeonnisd. pneetions kr the prevention else& is accident s,
a