The Express.
London, England, 1853-08-15 00:00:00

ROYSTON AND HTTCHIN RAILWAY.

The half-yearly meeting of shareboldt re WAS held
on Saturday at the offices of the company in St. Helen's-
place, Mr. Run in the chair.
The report announced the completion of the exchange et
the Bhepreth extension lease between the company and the
Great Northern Company, which was laid on the table.

Tn. rent of the railway for the ha:fiest bad been paid by
the °rest Northern Company, and dividend warrsnts
would be forthwith issued, deductions Polo' mods of lid.
poi 61 IA. stock for I spew. s of manast Inept sod income-
's'. Th• roeei.O. amounted to Gii,722/.. 'Thai the
smuts to 61,6791. The report on the motion of the Cl:airman
ens agreed to, sad a dividend of da. 9d. per share, or ti per
not. per snows, die and.
Mr. Wilshire, Mr. Cobbold, M.l'. ; and Mr. Parker,
were re-elected directors. .

The CH URIdAM then stated that besides the dividend
than was a sem of 1,0744. for distribution, which was part
of an aecnniula,ion interest upon calls which the directors,
on their own responsibility, invested for the benefit of the
compaey.
After a short discussion, it was agreed that the money
should be invested in the shares of t company .for sin
months, to abide at the end of that peri.id the decision of a
more general meeting of proprittors with respect to its final
disposal.

GLOUCESTER AND DEAN FOREST
RAILWAY.

GLOUCESTER, SVITIMAT EVIXI,IO.
This afternoon the halfyearly meeting of the
Gloucester sad Dean Purest Ku1...4y Company was held
at the Dell Hotel, tlloucester. Mr. S. Bastfac, chairman,
presided.
The Sec AAAAAA (Mr. Nub) read the report of the, direc-
tors, which set forth that the capital account in reference to
the construction of the line showed •small balance in haod
of V4f.d. 19.. lid. The amount of revenue showed a dispoii-
sble balance for dividend un the half year ended the 30th
June last, of 3,4734 2s. which permitted the declaration of
• dividend at the rate Of 4 per cent. per
i annum, free from
income tax, or 10e. per share, leaving • balancen hand of
393!. towards discharging the ball year's internal on the
debenture debt co 25,0001., due in October. The debenture
debt hail been contracts el solely for the purpose of enabling
the company to subscribe to that extent to the share ,
capital en the Hereford, Rom, and Gloucester Railway, the
sum of 15,6251. hating been paid in calls on these shares,
and the balance of 9,375/. being invested at 4 per cent. So
long as the Hereford, Ross, and Gloucester line remained
incomplete, these call payments were not productive of any
return. This circumstance neceaaanly depreciated the divi-
dend, and would continue to do so until the Hereford line
was finished, which, from their rapid progress, it was ex-
peeled would he in the summer or autumn of next year,
when the company, in common with the other ohnechulen
On that line, would receive a divi..end upon the capital
therein nabs:kid. The main importance, however, of an
early through opening of the line to Hereford aro.' from
the increase which would then tike place in the amount of
rent receivable from the Great Western Railway Company.
. . . .

The CeataatAN then moved the usuil formal resolution
for the adoption and printing of the repot t and accounts.
After a short discussion the resolution moved by the
chairman was carried, alter which the meeting separated.

RAILWAY MEETINGS DURING THE MONTH.
Belfast and County Down, Belfast, August 18 ; Bideford
Extension, London Tavern, August 24 ; Bristol and
Ezeter, Bristol, August 25 ; Cork and Waterford, London
T , August 30 ; Direct London and Portsmouth, L *-
don Tavern, August 26 ; Eastern Counties, London Tavern,
August 2.5 ; Ea-t lndlan, London Tavern, August 16 ; East
Kent. London T , August 24 ; Great Northern, Lon-
don Tavern, August 20 ; Great Southern and Western of
Ireland, Dublin, August 27; Great Western, Bristol,
Augu•t 18; Hull and Selby, 1101, August 20 ; Kilkenny
and Great Southern and Western of Ireland, London
Tavern, August 30; Lancaster and Carlisle, Lancaster,
August 31 ; Leeds Northern, Leeds, August 20 ; Llvi
Valley, Bristol, August 22 ; London and Blackwell, Lon-
don't August 17; Laugher, 4, Whitehall, August 25;
Manchester, Sheffield, and Lineolnal•ire, Maschester, Au-
gust 31; Midland. Derby, August 23; Midland Great Wes-
tern, Ireland, Dublin, September 2 ; Newmarket, London
Tavern, August 31 ; Newport, Aberg y, and Hareford,
London T , August 31; Newry and Enniskillen,
deildholl Coffee-house, August 16; Norfolk, Guilabsll-
- August 29 ; Norh Devon, London Tavern, Au-
gust 24 ; Northern acd Eastern, Biskopsget• Station, Au-
gust 18; Northern Counties Union, London T , Au-
gust 26; St. Andrew'a:and Quebec %Class A),26, Parliament-
street, August 26 ; Shrewsbury and Hereforr, Shrewsbury,
August 30; South Wales, Paddington Station, August 28;
South Yorkshire, Sheffield, August 26; Thames Haven,
Louden T , August 31 ; Vale of Neath, Neath, August
31 ; Waterford and Limerick, Waterbed, August 30; West
Cornwall. 38, Throgmorton-street, August 31 ; West End
and Crystal Palace, 3, Adelaide-place, London bridge, Au-
gust 29; Wharfdale, Skipton, August 19; Whitehaven and
Furness Junction, Office, August 26; York, Newcastle,
and Berwick, York, August 30.