The Express.
London, England, 1862-03-28 00:00:00

SCIN.DZ RAILWAY.-(THIS DAY.)

-
The seventh annual meeting of the shareholders
was held at 1 o'clock, at the offices of the company,
Gresham-borne ; Mr. W. P. ANDIAIN in the chair.
The report having bees pew/truly circulated and pub-
lished, was taken as red.
The Czartauz, is moving its adoption, mid when they
last met be that dime wore several obstructions in
their way.. Those otedametions bed since vanished, or wee is
process of vanishing. The spat cif the company in India had
received the postai amieleace from the governments of
Bombay mid the Psalash. (Hen.) It wee expected at the
.L.te of the latest dimes from India that the Lieutenset-
G3vernor of the Puojaub would himself opea the railway
from Lahore to Umrittir, 32 =ilea in length, as the 3d of
the present month. The report respecting the Mode
Railway gave ea? full and ample details; but there was
one point left in obscurity, and it related to the traffic of the
line. He remarked as • previous acession that the
Scrod. Railway was but part of a chain of coriaxonnicatioo,
while Sir Bartle Frets compared it to the spout of a ftumeL
No effort bad been wanting oa the part of the directors to
send out all DOCKOSA7 appliances for traffic ; bat, notwith-
standing this, the difficulties were such that the railway
was not io as efficient state, and the traffic was in nothing
like such a state of development as it probably would be pre-
sently. Tbemere local traffic hadeeceeded the expectatiom of
the board. He had no wish to withhold anything from the
shareholders ; sod any gentleman who wished to me the
traffic returns could do so in the hoard-room after the meet.
iog. The directors had the same unabated confidence in the
undertaking that they ever had, the best proof of which was
that several of them, and himself mots the
number, had recently increased their stake. (Chews.)
He believed that Kurrachee would ere long attain the fa-
podiums which the late General Sir Charles Napier and
other lodes, authorities predicted. The telegraphic cent-
municatios with the East already exteoded to Bagdad, awl
was to be continued to Kurrachee. Tao flotilla
was now in such a state, tied was Ia sage
good hands, that if it did sot setesod stem
navigation on the Indus might well be glees up. He be-
lieved that it would succeed to their entire sedidaction. The
government were ready to make over to the company the
selected vessels of their own flotilla ; and they would add
other vessels of theirs hereafter, and also any appliances in
their possession which might be required for the navigation.
The board now proposed to raise 45.000 f. to meet the cost
el boats. There was no prospect of any further capital
Wog wasted for that peewee for some time to come. The
Was steam &tall. debentures were is the same position as
to ramie' as all the ether debentures of the ladies Rail-
waya He anticipated great traffic melts from the opera.
leg of the lime from Lahore to Umritzir, which traversed
a sort of garden country of the most productive character.
That west would, he believed, give a great impetus to
railway sowsisaaiesaion in India. There were H carriages
daily between the two places, each carriage carrying
saerriregersaLespetal, and hence the Aka'
reat and
co the
ooe
arwsuot of traffic between them. He hoped
that taw railway would be opened to Noonan in
the esaweef out year—an event which, brides being of
hastense esmimercial importance, would afford great poli-
tical geraffity. The board elm proposed to carry the line as
far as Delhi. All they wanted of the shareholders for that
rupees was their sanction—they need not subscribe say
money—though the carrying out of the object could sot fail to
boa great advantage to them. The whole route to be traversed
was under the Puejanb government ' • it was 277 miles is
length ; the line, if esastructed, would meet the East lodise
Railway at Delhi, and the undertaking would then become
the greatest railway wade taking is the world. (Cheers.)
Sir Hgai MADDOCK seconded W notion.
After some diormioa. tire report was adopled.

STIMPACII OF PITIOLION A? TIM LEVERPOOL
Docia.—LlVEW•iill, TIIIOIBDAL—A dirmelas took piste
et the Masi Desk lewd today, r_e!stive to the stomp at
ttelarmanalle
that is emegiemee et flaeipereee
ZNoble obelootir tbe oi, ems efteemeest should be
irdidraw le tbat puma et Item Tlek where the
ettsei le mostrins Wog ass is tbo batboy*.
II ie
urbesteel S b
Set sea ewe **Me neekeles paned
pebeleen wit est be aimed le the ilesk VarlamillBlll6