The Express.
London, England, 1851-11-25 00:00:00

BLACKW ALL RAILWAY.

Yesterday a special meeting of this company was
held at the London Tavern, Ilishopagate-street, tor the pur-
pose of approving or rejecting a proposal to raise 60,000/.,
to extend the Fenchureh.street terminus, and also one for
forming a line from Ilford to Tilbury and Southend.
Tho CHAIRMAN read the heads of the Eistern Coun-
ties agreement, by which the Blackwell Company were to
raise Z. 0,0001., and to be guaranteed 5 per cent. A rental
would also be paid for the accommodation, sad the Bleck-
' wall Company would receive 21d. first-clan, and Id. on
mooed and third-class passengers brought over the line,
which were expected to be considerable.
Mr. Alderman THOMPSON, M.P., said the Eastern
Counties could not be expected to saddle themselves with a
tax of 2,5001. without some advantage. They now found
the Shoreditch terminus not sufficient for their purposes.
It was clear to him that this outlay would not be made
without a prospect of their reeeiviag more than an equiva-
lent for themselves ; be.ides, it would afford them (the
Blackwell) the advantage of an extra peony and two pence
half-penny on all their passengen. He thought it would
be a wise and business-like conclusion to come to the reso-
lution which the chairman had proposed to the meeting.
Mr. LEVI considered this arrangement would depre-
ciate the old shares.

The CHAIRMAN could not sec it, (or it must tend to
increase the value of the undertaking; it would be for
the shareholders to take or reject any interest in this new
undertaking.
A PROPRIETOR salted if the toll were the best pos-
sible that could be obtained ?

The CHAIRMAN said the toll they now had was the
same u the directors had, with great difficulty, °bullied
from the Dock Junction Railway, for doing precisely the
same bovine's.

A PROPRIETOR asked if this arrangement would in-
terfere with those of the North Western Railway Com-
P4'lnt CHAIRMAN replied iu the negative, and said that
there was a distinct line from Strittord to Buw, for the
Eastern Counties.

Mr. JAMES asked if this estimate were exceeded, who
would pay the difference ?
The CHAIRMAN replied that 50,e001. was the esti-
mate, and there would be a further sum of 10,0001. es-
quired from the Blackwell Company. The time might
come when they would require more money, but then it
would not be granted, except they should give reasons for
it. (Hear, hear.)
The resolution for authorising the directors to raise the
sum of 60,0001. for the enlargement of the terminus and
station in Fenchurch-street was then passed unanimously.
The CHAIRMAN next moved a resolution in respect to
the formation of • line from Ilford to Tilbury and to
Southend, which he stated would be mainly constructed for
the purpose of restoring to the Blackwell Company the
Gravesend train:, which would otherwise go to the E,utern
Counties Company.
Mr. LEVI said it was not worth having. All the South
Eastern Company had got last season from the Gravesend
' traffic was 20,00 W. He had seen the books, and knew that
' correctly. (Hear, hear.)
A PROPRIETOR asked what the estimate of this line
- - -

The CHAIRMAN mid it wu estimated at 420,0001. The
capital would be offered to the Blackwell Company in pre-
Terence. It would be optional to the Blackwell proprietors
to take these shares, as well as to the Eastern Counties pro-
prietors; but he thought none would be so fool sh as to lose
the chance of 6 per ceut. (Laughter.)
A PROPRIETOR would like to know the liability par.
ties would be under.

said the shares would be 10!. each,
with a delimit of Yes. Only be. of this would be risked in
going to parliament. If the bill were obtained the directors
' would call the proprietors together and take their advice.
(Hear, bear.)
Mr. LEVI protested against money being spent on this
project for he oonsidered it would be profitless.
TheCHAIRMAN sold the question was, whether they
ought to let the F.agern Counties have all the Gravesend
trudge or not. It was not likely, as Mr. Levi said, that men
would go down an the marshes to eat grass—(laughter)—
but would continue their route to one point or the other.
(Hear, hear.) !'hero was a part of the line where cab-
bages, earrots, &c., termed certainly a large portion of
the trate.

Mr. LIIVI—Not carrots, for they come from Bedford-
shire. (Laughter.)
Mr. JOSH. WILSON (a director) was sorry Mr. Levi
had such a bad opinion of their traffic. There was one ad•
vantage, which was teat it would not be compulsory on
that gentleman to take shuts in the new undertaking.
(Hear, bear.)
After s me few observations, the resolution was puled
unanimously, with the exception of the vote of Mr. Levi,
which war in the negative.
A vote of thanks was then peered to the chairman and
directors, when the meeting adjourned.

BALmottet..—The property (ye the Perth Cou-
rier, referring to the purehsse of this estate by the Qui en)
extends fully seven miles in length by four in breadth, and
includes the best deer range iu the Grampian chain. The
purchase money agreed on is 31,6001. To this has also to
be added another 2,0001., as a solarium to the tenant of
Balmoral, for her Majesty's occupancy, during these two or
three past seasons, has been in the capacity of a subtenant,
the premises being under lease to a different party, and of
which there were upwards of twenty years to run.
THE Duxi or NoternumezaLenn his given
orders for the construction of a thousand new and com-
fortable dwellings for the labourers on his pus's estates in
Northuraberlaad.
THE

or LISEVEN.—It is stated
esolideatly, and by those who should know best, that Mr.
Isms Batt, Q.C., will succeed the late Sir H. Seymour. It
is to say that Mr. Butts a protectiouist and
pmporetant.— eetionist paper.
DItITAT-LANE .PREPAKATIONB. Yesterday Mr.
Bona took possession of the working portions of Drury-lane
Theatre, for the purpose of at once proceeding vigorously
to work with his preparations for the winter campaign.
The theatre will open on Boxing-eight, and among the
attractions of the lint night anew pantomime is spoken of.
The house is to be completely redecorated.