The Express.
London, England, 1847-12-18 00:00:00

shares due in January next shall have been paid the poid.up capital
would amount to 4e11,0401. Again': this there would be, in addttion
to It miles now in construction, the mot of the canal Irma Liege
to La !tech., 260,000 L ; the building land surrounding the station,
40,0001.; the caution money amountiug to 190,t00/.; making a total
01490,000 t. The available awd for further ope!ationa, condeting of
38,120 dimes of 20f. each, leas 71. ye share, or a 5,3681., the balance
of midden money to be refunded, and the surplus building land,
amounted to 993,381. The eetimated additional expenditure
upon that part of the Brussels and Namur line to be
completed by the Luxembourg ass 280,0001., towards which there
woo applicable 110,000 f. of caution money, leaving 170,000!. to be pro-
vided by the sharebeldere, or 3L per share on the 38,120 shares.
When the gum of 101. per share was paid, the shareholders would be
in porreseien of a line Martine from Brussels, II mike in length,
which could not fail to become the shortest and best mimes of access
to the capital from the province* of Brabant, Namur, lac., and the
oeuntrim southwards. This line would he opened for traffic early
In 1849, or sooner if necessary. The caution money, retained by the
government for the Brussels and Wane line, namely, 110,0004 woe,
by low, obtainable only in the proportion of one-half of the amount
previously spent by the company. lit consequence, however, of the
exertions of the directors, an agreement, dated the 10th instant, had
been concluded with the Minister of Public Works, by which he emptied
to present a bill to the chambers to legalise the repayment of tine
110,0001. no they required it. No doubt was entertained of the hill par-
ting the chambers.—The Chairmen, in making obeemations on this
statement, mid that they could now proceed with the works without
interruption. He did not know whether the arrangement entered
Into with the Louvain a la Sambre would be carried out by that am.
puny; but the Luxembourg was prepared to maintain Its ground,
whether the Loa:Maio was willing to perform its engagements or not.
It was expected that the line would be made within the estimates laid
before them. In January be believed that a call of IL per share
would have to be made, but that, he hoped, would be the only one
until the opening of the hue. He thought it would be well to allow
these ahereholders who had net availed thenwelves of the consolidation
scheme to come in now and avail themeelvee of It. In answer to a
question from Mr. Alderman ,idney, M.P., the Chairman *Rased that
the balance at present in the banker's hands was 0,,001.; that
an offer of 100,000/. had been made to the company fur
the canal, which the company did not think it dedrable
to accept ; and that the company bad made so good a bargain for the
station ground, that they bad In fast the station for nothing, and
22,000/.besides.—ln answer to the question whether the directors would
avail themselves of the dame in the act by which they could claim
from the funds of the society a sum of 60,0001., which was green to them
In virtue of being its founders, the Chairman explained that int/dales
arose from the 2 per cent. allowed on the conemaion, and It was not
to he expected that any very large amount of it would be returned to
the company ; but the directors hop not received one farthing of the
money, and never would.—Mr. Ald. Sidney then made a lengthy
statement on the general Prospects of the company, in which
he prefaced his want of confidence in its value, and concluded by
a motion ealllne on the directors M convene a special general meeting
In louden, with a viewer appointing • committee to Inquire into the
management of their affairs.—The obiervations of Mr. Ald. Sidney
having been replied to by Mr. Maetertnan, Mr. J. Gregg moved an
amendment expressive of entire confidence In the present board of
directors.—Dr. Worthington suggeeted that a rote of entire con-
fidence in the directors might be pasetel, and afterwards that the
meeting might pose the motion of Mr. Ald. Sidney.—ln answer to a
proprietor, the Chairman said that the board would look upon any
amalgamation of the two votes as a mark of want of confidence,
coupled as the motion of Mr. Aid. Sidney was with the observations
be indulged In.—Mr. Ald. Sidney raid If that were so, be would with-
draw hie motion. —A vote of confidence in the directors was than
unanimously agreed to.
BI RHINO HAM AND OXFORD JUNCTION. ArUourned
Half-yearly Meeting.—Birmingham, Dec. 17.—Mr. P. H. Monte In
the chair.—Mr. Morley raid that at present the only course be should
take would be to oppose the reception of the report and accousts.
Since their last meeting, the law proceedings to which they were en-
had made some Progreso, and there was reason to believe that
rited
abort time they would obtain the opinion of the Lend Chancellor ;
whenever that period might arrive, and existing differences be
threeby terminated, o Mean would rejoice more than himself. He
concluded by moving "that the report and rat( meet of accounts
presented by the directors to the shareholders are wholly annelid:lc-
y, and that the same be not approved or passed."—Mr. Gesell*
Turner emended the resolution. Be. putting this to the meeting,
the chairman said, with reference to the allegation contained In
the reeteution, that a subcommittee bad been appointed to examine
the accounts, and he heartily wished it had made a report, because he
was fully waddled that nothing had beets done that we. not etrletly
in aceorftnim with the act of parliament,—The resolution moved by
Mr. Merle y was carried by the proxies, and the proceedings thereafter
terminate l.
MISCELLANEOUS NEWS.—MIDLAND.—If all rail-
way companies were as dilatory with regard to the program of their
works as the Midland Company seem woh reference to the line be-
tween Melton and Stamford, the shareholders would have ample
cause to oemplain of the unprofitable investment of their funds, and
the non-fulfilment of the promise* which induced parties to place
confidence in the directors. Three years ago, it was stated by Mr.
George etephenroo, at a public meeting at ghnslord, that within
twelve months of the painting of an as t for comb-wing ths Speen and
Peterborough Railway, the line wnald be open, sad seals conveyed
thereon and delivered to the dealers et Stamiced at Its Ild.s ICS. Two
years and a half have elapsed elm* the bill was obtained, sadness. yet
known when the premised boon of cheap Ocala will be expatiated
month ago, It was said the line would be epeeed to °skims as Motet
of December : it is now the 17th, and though *nide, bow hewn
made of some of the officials as to the postponement, Nam el than
appear to know anything about it, or when it It likely that the keg-
expected event of the opening will occur. Standard stake whE
not be available for not for some time, although there has bees la*ty
nienifetted a more earned desire to get on with it than was 'hews •
few months age: the roof of the main building is coterid in, sad em
engine-house is in mum of erertion, bat in other reaped' the weds
are • long way horn approaching completion.—Linsela Mtn-airy.
BUSINESS OF THE ENSUING WEEK.—(From Railway Chrorsicle.)
Meertees —Killarney end Valentia—Dec. 20, London.
Csma.—Aberdeen-31. due; Belfast and Bdleymena-11. 10e. due
Dec. 20; Birmiorham and Oxford-51. due Dec. 20; Birmingham,
molveriumpton, and Stour Valley—M. 14e. due ; Bolton, Blackburn,
Clitheree, and West Yosiethire—on the No. I shares 2/. doe; Bristol
sod Exeter—en the 1001. abates SI. due; East Anglian—lL on the
new al. 10e. Mares due; Eastern Couutle• (York Extension isharee)-
3/. due; Glestrow Paisley, and Ayr-21. 10. s. oa the 251. 'harm,
due ; Great North of England-3/. on the 131. Pharos due ; Great
Noethern-11. On. due' Leeds and Harsh (ca the leafs and Hartle-
pool Extension shares)-21. 10s. dna; London end Ebeikersll—SL Ida
due ; Newcastle and Carlisle, dew Den. It ; Sh.readisry and
Chewer —2l. on the perpetual preforms II per cent. stock due;
000 lb Dusters—lL Oim on the No. 4 shares due; Waterford and
IJraerlak —3l: doe.

Ti.w~sa Buoy CLOMlLD.—Edlnbargh mad
22 to 30.

T.
aarric volt asersceiva W=ee axing between Dee. 8.
1847 and I.B46.—(ffloas tali Reiteany (Aromatic.)
104
Arbroath and Forfar— 1.1.1 1.46..
Loodonand B 1
Chest.r 4 Itlrkenhd... 614 London. Bright:Mee—
Dublin 8 Drvebeda.. 611 630 London It 8. Woe
Dublin & X inseam 673 Mane. ewe. 8 Ul)9
Dund. Pthi abin—la. 13 II wport k Oartiala..
Feet Lanciebire...... 801 Mißand . ..
laratarn Boeotian .... 10. 8. Nowcaelle.ls &Wain.: :
Madam Doke —.. 1.10) Norfolk
Eff7lBBlBelLß GUM— 1.70 2.0ril North Brie& „
Mao . 8 A 77.. 1.11 I,(P Rbremburyt Meek
0814.. Pak., & Ore... 836 South Devon
Grain Boa Lb. BW. 1.444 952 South Enatern
Greet Wotan ...... 18, 18,931 Taff Vele .. ......
Reda a Wisdom— Ulster . .....
Lan 8 Carthie. I. VI IntehaVen Jtteeilee.
Imocanktre 8 Venda., 8,134 7.946 York, Neste. 8 Bark—
London& N. Wantn...113.7M 34.871] York 8 N. Midland i