The Express.
London, England, 1851-02-01 00:00:00

EASTERN COUNTIES RAILWAY.

The following are the terms of the proposed agree-
ment between this eonspany and the Norfolk and Eastern
Union lines:

" Ist. The Rasters Counties Railway Company to under.
take the working of all the lines of railway belonging to the
time companies.
"2nd. fhe Eastern Counties Railway Company to take
at a valuation all the rolling stock belonging to the Eastern
Union Railway Company, and also to take the rolling
stook belonging to the Norfolk Railway Company at the
valuation already made thereof by Mr. R. Stephenson.
"3rd. After repayment of the Eastern Counties Railway
Company of all the expenses of working and maintaining
the several lines, the surplus to be first applied in payment
of the interest on the debentures and dividends on prefer.
once stook issued by the several companies ; it being however
stipulated that under this heed the Eastern Counties Rail.
way Company shall not receive more than 266,0001, the
Norfolk Company more than 60,0001., and the Eastern
Union Company more than 70,0001.
• "4th. The divisible surplus to have the benefit of any
swinotion In the rate of interest payable upon the debentures
d the several companies.
"6th. TIN residue of the surplus remaining after payment
if dm interest and dividends on the debentures and prefer.
toss stock' to be divided as follows : The Eaten& Counties
Railway Company to receive 6-Bthe; the Norfolk Catalan,
Letie ; the Eastern Union Company 1 Bth.
6th. The Norfolk and Eastern Union Railway Con-
Catsult*, select dt ens their directors, who shall qualify
dosslor if the Roam Counties Railway Company's
bars, and Ma elm vossaeles will be made.
"7th. Bark of Owes sompanies to have an office at the
pastes statism of Um Eastern Counties Railway Cam
peg. tag to be allowed sate 6004 per gamuts for the ex- I
Risk dimosies smi emir office staffs, the lame to
_poitctilsa workless:pewee.
" Ctb..l minima' now existing between the Eastern
Counties
pay to Wiwi Coogan
w.and the Norfolk Railway Com
eets -
be
"9th. The Manningtr Harwich to be
ado se soon as . em ds joint responsibility of the
doss
usei
11.1 TV,

strellehat lobe Ride for fifty years from the
16tla of laanary, 1861.
; "11th. Application to be made" is parliament for an act
of smolganuaioa of the three campiAtim upon the precethos
[hub skeane esesswiest period.
Ilih. The abets ansapmenta to be subject to confirm.,
Ise by the ellaseboiden of each of the three
Yebrsary companies, for
th
*lda PGIJPBBs • Inaba amen! iseettni is to be called for
e 13th

ST. HILLER'S CANAL AND RAILWAT.—The half-
yearly satsuma of aesesate has jut be. Mud to lb. pro-
prietors. Pura this it appears that die railpio hue barn, by
coal Male, 8,2491. 17e. Id. ; lha, W7l. Oa ;
nrrre sad prods, 1,6701. 14s. 84.; malr. a total ad
121.41 L Alum deducting the expanses there re-
mans a balsam of 4,2164 fn. ad., which la renamed by •
payment of 1601. from Ma meant of panaaiteat way to
40661.5 a. 96. The half yearly mein 1111.1* held at Bt.
Helen's today.
Till ELECTRIC TELEGRAPH AT WIETILIESTER
PAi.um —Alen ware employed gm Thumb, fainring iamal
is Palau-yard, oa the aorth inn • nnwebse semi= le km
an electric telegraph, which will sessamellas betwess the
Admiralty and Westminster Palace, add& Y to be establlekad
for the purpose of any immediate* of a eamataaina.
doe being seminary daring Um a of bar Majesty's
ministers at the parliament hose.