The Express.
London, England, 1862-08-16 00:00:00

LONDON, TILBURY, AND SOUTHEND.

The report of the directors, to be presented at'
the half-yearly meeting on Tuesday next, states that '
the total capital received amounts to 800,628/. 10a, and the
tonal capital expended to 751,2441. ss. 4d. From the state-
ment of the revenue amount, which is furnished by the
lessees, it will be seen that the grow receipts for the half-
year have amounted to 21,7111. 19e, end that the expen-
diture has been 15,6891. fin. hd., leaving • balance of
6,0221. 13a. 7d. Since the last half-yearly meetings change
has taken place in the management of the affairs of the
company, and the directors deem it their-duty to record the
circumstances under which that change was made. In
November, 1861 (some previous communication on the sub-
ject having taken place between a committee of proprietors
and the joint committee of director, of the railway a
requisition was received, signed by the prescribed number
of shareholders, calling upon the joint committee of direc-
tors to convene an extraordinary meeting of proprietors of
Loudon, Tilbury, and Southend Railway stock, for the pur-
pose of considering and determining upon the propriety of
an application to parliament in the then ensuing session,
for leave to bring in a bill for the purpose of incorporating
the proprietors, and giving them some share in the manage-
ment of the affairs and property of the undertaking. A
meeting of the proprietors was accordingly convened for
the 17th December last, when the subject wsa fully dis-
cussed, audit was reeolved that • bill for the purposes sug-
gested shout be brought in, and a committee of irroprie-
tors, who took charge of the conduct of the bi/l,
was appointed for promoting the application to parlia-
ment. The act, intituled, "An Act to is to the pro-
prietors of shares in the undertaking called the London,
Tilbury and Southend Extension Railway, and to vast snob
undertaking in the company so incorporated, and for other
mimeses," received the royal mama on the 16th May Yet,
whereupon the proprietors of slims in the undertaking were
incorporated by the name of the London, Tilbury, and
Southend Railway Company. The first ordinary ineeeing of
the new company wee held on the 10th June last, end the
present board of directors was then constituted in accord-
ance with the provisions of the act of parliament, three of
the directors being appointed by the company, three by the
directors of the Eastern Counties Railway Company, and
three by the directors of the London sod Blackwell Railway
Company. The provisions in the act of 1852 relating to
ruditors having been repealed by the act of 1862, it will be
arequisite for the proprietors at this meeting to elect two
itors.

NORTH AND SOUTH WESTERN JUNCTION.
Yesterday the ordinary half-yearly meeting of
this oompeny took place at the Enston•etation ; Mr. Baru
TOOTAL in the chair.

The SECRETARY having read an abstract of the report,
which ham already appeared,
The CHAIRMAN moved its adoption, observing that the
account' extended to the half-year ending June 30. The
net balance in hand amounted to 2,116/. 2s. 24., which
enabled the directors to declare a dividend at the
rate of 5 per cent per annum, leaving a sum of
1181. lls. 2d. to be carried forward to the so.
count for the current half-year. There had been an
incenses to the extent of 701. on the passenger, and 2291.
on the goods traffic receipts in comparison with those of the
corresponding period of last year, while there had been a
deficiency of 5011. in those of minerals. In this respect,
however, this company only suffered in common with
others, in consequence of importations generally falling off.
The arrangements for the working of the Kew-bridge sta-
tion were not yet perfected, although in many respects they
were working advantageously. The chairman concluded
his observations by expressing the regret of the directors at
the resignation of Mr. Chubb, the secret►ry.
The report was unsubnously adopted, and a vote of
thanks to the chairman closed the proceedings.

LONDON DISTRICT TELEGRAPH COMPANY
(LIMITED).

Yesterday the seventh half-yearly meeting of the
shareholders of this company was held ►t the offices, 90,
Cknnonetreet Mr. ROBERT TAYLOR in the chair.

The report of the directors bee already appeared.
The CHAIRMAN, in moving the adoption of the report,
maid it was a matter for congratulation that the company
had during the past six months progressed satisfactorily.
They bad earned agree revenue of 6,513!. 18e. 4d., or, de-
ducting the charges of other creditors, 3,9561. ,• and after
defraying all the expenses of management, they had in hand
a balance of 1,0771. lbe. 4d. It was encouraging to mark the
increase in the number of messages. For the June half of 1960
they numbered 26,115 ; for the same periol last year they
were 64,7&4 ; and Dow they were nearly double that, being
123.280. It might be considered that the International
Exhibition bad led to that increase, but the fortnightly re.
turns from the lit of January had systematically increased,
and only two months of the six were affeeted_hy that great
international gathering. It was, therefore, bed reasonable
to conclude that the result was owing to the healthy con.
ditisn of the company, . . .