The Express.
London, England, 1851-02-27 00:00:00

RAILWAY MEETINGS.

MIDLAND RAILWAY.

The half-}-early ons:ting of the proprietors in this
and. 'taking was held at the Railway Station at Derhy yes-
-1..41 iv, Mr. a is, M.l' in the chair. The attendance of
share,huider, was emilletratively limited.
common seal was affixed to the register of share-
holders.
Thr report of tho directors said that " they bad much
pleasure in stating that the receipts from traffic for the
halfpvr eudmt 31st lbw. other Lust have execeded those of
the eon's...l...ailing half of 1549 by the sum of 21.250/.
There has, 11.1.• so r. li-en a decrease in the receipts from
. awl from horse., carriages, de., of
•risitig chirtl• from compAition by the (hest
N.aoo:rts Itailway, which the proprietor. ars• aware was
01.11 d throtobout for the traffic to London early in
August last. lair increase upon merchandise has been
11,11711/.. and upon .tals 17.1710/ . making the total
in.-ream over the corresponding half-year of 11419 in those
two it..goall,tsW. Th large addition to the brass traffic
of the rompany ha• necessarily caused an increase in the
exp. adituri. for locomotive power, le.. as exhibited by the
a.....nattts in the hands ~f the proprietor.. The proportion
of disbursement. to ncipt. during the halt vear ha. been
:hi r cent., culusive of rates and taxes, bit inclusive of
both those item. it has been nearly 40 per cent. The sum
'wallah's• for dis Anil, after placirto 10.0001, to the fund for
the renewal of permanent was, fur the increase of
b monis the I ill uidat ion of throb' bad
debt aerostat pdwhuch 1.3•2111. now only remains\ i 5117.5001.
Tb.- director. ncomm.iol that a dilokend be declared (leas
Locomen tales and pox al.k. the 6th of Match next. of lf.
apse each 100/. con stock, 11.. 3d. upon each
100/. of l'onsoliitatcd Birmingham and Derby stock,
1177 L. uaseachon elanters lirse.washititeler :Beare. !II:is wl'iiiTken.
and
you to rum' user to the nest half-year's account a balance
al 21,02,v. 1:..:h1. The liseumotive committee report that
the working condition of the rolling stork has tarn fulls
maintained during the half-year. but that the increased
traffir upon the line up to the present time, and the large
addition which may Ise expected from the opening of the
great national exhibition and other sourer., render the
fallowing addition. neressary. to the locomotive land car-
rying stub of the rompanv, vox.: 3.) engines and tenders,
estimateil 4,0 t, : 100 enclosed third doss carriages
and TN w:L.izons. 3.1,1311/. Total, 9.1.63110/.
"The committee have also had under their consideration
the farther a. eimimmlation required for repairing shops and
engine sheds. and they strongly recommend that the follow-
ing additional engine sheds and repairing shop., de., be
erected, as living most essential fur the efficient and ceono-
rnieal working of the business of the locomotive depart-
ment . —An engine shed at Gloucester, estimated cost
9,40104. ; 6.11001. ; Burton, 1,0001.: Notting-
ham, 3.0001.; Bradford. 2.0001.; Weise, 6,5001. : work-
"boa". 7.001/.; tools fur ditto, 5.0b01.: total, 39,0110/.
Blowing addition. to way and works are also required
for the further development of traffics :—A corn warehouse
at Nottingham, estimated coat 10.0001.; ditto, Stamford.
ditto, 3.0001.; engine shed, sidings• de., for Worcester
brawl, to be repaid by the Oxford, Worre.ter, and Wol-
vrthanspton Company. 3,0001.; various other sidings, for
w 1.,, h time osiosinv sire to receive 10 per cent. on the outlay,
4.0001.: total, 20,0001.
This South Staffordshire Railway Company having made
a further call upon the sham held in that railway by this
rompassy, to the amount of 6,0001. (hut which is entitled to
interest at the rote of 4 per cent. per annum), it was neees-
wiry that that sum should also be included in the vote which
Y i. reposed to take at this meeting.
flee directors have again caused estimates to be pre-
pored of the outstanding liabilities of the company in re-
sans et of capital account. and they have the satisfaction of
bell. view that the amount of 770,2401., formerly stated as'
nitro-ost fee the completion of the railway, to the 30th of '
June, lOW, will not be exceeded: towards this amount