The Express.
London, England, 1848-05-03 00:00:00

earlieet practicable parted fur an act to rosiborise the permanent amal-
eamatioe col he rempanloe,th which provielonathall herniae fir giving
to the Norfolk shareholders the same rights and privileges which are
enjoyed by the Eastern Counties shareholders. That in the reson-
ator, until such set can be obtained, the Norfolk Company shill &ail
acts that may be neoeseary far giving legal effect to the arrangement,
enripentrit the EasternCountitoConipeny to work the line in their name.
theestabliehmente of the two companlee being blended together ma far
6P porible. Theta' e thed dlNrenere ghee be left to arbitration.—
The Chairman ea
the terms the) had now to propose to the
meeting fair between both par By placing both Intereets under
rem management they would 411911 at once 27,0001. on the Norfolk
Railway arone. tie expected the System and Peterborough wouldthe
be
opened next week, and that Urge goods traffic would come on
line he consequence. He concluded by stating his belief that the
amalgamation would be beneficial to both parties, and would place
the Norfolk Company Ina position that they could not otherwee hope
to attain. —Major Court objected to an amalgamation, us they ought
to give their awn line more time fur development. lie moot agree to
the Isaac, no It would give them that time for the knowledge of their
own capitilitlea.—The Chairman said they had no Intention of calling
on their proprietors for further capital, which, however, th
be ey
f must
have done but for thin agreement, hy which It was now to aired
by the Yeetern Counties.—Mr. Neebery (a director) maid that the
company had at present great difficulties to contend with, and if t ley
hail raised the capital they mice contemplated, their *harm mire;
wave
ve
been still more depremed.—A Proprietor anked what that capital
—Mr. Newbery said about 200,0001. Ile ured the meeting that the
directors had been
perfectly uteinlmoue In reorountending the amal-
gamation. It was neeeseary team Not in order that their property
ought be placed is the luer4l of the
agree Cent
mine diacuseirim the tenni of the agreement were rouged, aa 1 the
meeting adjourned.
lIIRKINOHAY, AND OXFORD JUNCTION. Adjourned
Meeting.--London, May 2.—Mr. Matthews (In tie absence of Mr.
Monter in the chair. —The only burliness done was the peeing of •
resolution for the further adjournment of the meeting to Teureday,
the I:th init., at the same hour and place, viz., two o'clock, at the
King's ATIZIP, New Palace-yard.
NORTHERN 01/ FRANUE.—AnnuaI Meeting.—Paris, April
• 29. Heron lame dc Rothschild In the chair.—The report stated that
i in coneenienee of the lammed traffic on the lioe, it had been found
necessary Once the period of the price hog general meeting to make
[ large additions to the 'edition., to the number of carriagee, locomo-
live% te... Manures bad been taken for eetablielang workshops on
vatiousperte of the line to repair the stock, whereby a large annual
roving would be effected. Additional locomotives were now being
built which would ensure greater rapidity in the service than
[ the eompeny hail hero hitherto able to aceomplioh. During the
first halt-year of 1047, the receipt/. had increased 61 per cent. a
is
-
[ pared with the correeporeding period of the preceding year, and in the
lea me months not lees than 30 per cent. The oompany had not hot
[ one sou by the financial crime of 1047, or by the revolution of I bin.
They had made a call of 75f. for March 6, with the option to the
[ shareholders of paying it in advance, on receiving interest for the'eum
coo placed at the diepowl of the company. A certain number of slre-
holders had adopted that course, but the event, of February hail mpre-
Vtlited the rest irons reeponding to the c dl sa they would otherwise
have done. Even alter the revoluolon, the payment of the tall was
going regularly, though Moldy, when the rumour began to prevail
in • I the Privioonal 'ioverament intended to take poreweaion of all the
runway, in the klApol•nr. The payment then 'hipped. Matter,
were now looking better, and the bread heel! that before long the
shareholders would be able to pay, I:not the whole, at least part of the
sum demential. The report does not dwell much on the Injury done to
the line during the revolution, but it ^bows that the damage was
ounaidcrable, and that the line otopped altogether for about a
week. The works on the branch lints are stated to be going no satis-
factorily ; and that to Case, should no Interruption take place, would
be finished an the mune of the preeent year. Notwithetanding the
financial crime of 1817, and the revolution of Vele, the company had
thought it their duty to keep up their full eetriblishment of workmen,
thus employmg continually not lc. than 40,000 pere.ona. The report
thi n proceed+ io speak 44 the intention menifeeted by the Minister of
Finnic to take posse...lon of all the railways; end refers to tile pro-
ceedings at the meeting convoked by the boa. ininieter, the reeult of
which hoe been puelielicil. The board of directora of the Northern
muttony, it uteereto, did not consteer themselves authorised to treat
in any way with the elate 00 the point in question, seeing that it had
not been anticipated Or provided LW in the statutes. Shona the
herd umeider that any new eircumetences celled fur • meeting of the
shareholder., the net:ea.:ay notice would be Immediately issued.
The amends for the year 1047 gave the following results. For the
expellees: Fr. e...

The cost of the central administration, &e
Working of the line, &c.
Klock, workshops, engineer, &c.
3,lalutensiuse of wa,, .kc

..., 326;113 30
... 1,721,224 0
.... 3,301,000 12
.... 919,322 93

6,466,870 G 6

the other LAM tbs receipts bad beta:
rao.riorere
Luggage, dug', parcels
( armors, mailes•pastea, bones
(ox(ia
Oath"
etorage, porterage, &e.

4,90,889 79
4470,808 43
493,203 87
4,934,301 10
153,984 90
133,213 81

15,667,434 90

Nett returns of the breech from Pea to
Compii,etee

25,705 73

13,693,138 63
736.166 74

Deductions of carious kinds

14,936.071 10
1,736,833 30

16,693.794 19
6,468,870 66