The Express.
London, England, 1848-03-31 00:00:00

ismetwep end dahlem jewivltenrn.a.thorks writ. tawa....46.,emeh a etated...doe to
betastb.
et resuiple se 193.4084. W. 113.--thetharwan, in peeving the
..gegiedeedwouct meemoweepers,ssaidranh.that, isia.adireaseas
ilawribethe thy:, .hies
.it
le MOM WM Biala aid pelloyhed gelded dism In that
it wall he readboad dat din dose beePseir dateom
plmtioll hdepthisalla • MB a bind me le bid thaw in
lids gethiatheltelbs einfreme of ereethed end le sethethe rte liso to
be Mega mei mid a meth pries, se might aftermath be agreed ea.
TM eborthethere et this anaping ordered that bill =UV,
it wee.
gailtededy. In the course of the
, then Mao Melon, hints thrown an that the
ads et thew dons Wad subdivide lbaa Ma • isisali
and IT uds sem gatfemdas defter in Ithe lir. ibis
t= m, tememsethetheampeales, end it theoeire blame ae-
eemery for the dhoti,a coarse die position in oath divdez
placed. The shareisibas a las line mast either Mee been
over to lee manaoed by des lethilempli and Wage. Oamenth who
would take the whoa dale ot the desire of thieela,-se blame
way or other that Marna and be got rid of ter. et, bed
been suggested to ihe dinning* tbst they ahead mirth.. dame
Aura, watch, after soize=deo. they thaselledin essomplieb-
Mg. - In &newer to a the Chairman elated UM tbe num-
ber of Mares bought spec te awards of 8,119, end that they
were purchased preview te des dot meeting of thadefidem -Mr.
Cullen said at last modes the quondam era whether Rees competent
to reecind the lase elide Yee WAY nap and Ohara by of them.
It appeared to him that If Off had kept the directors of that railway
teem in their line, they We lemon*ried an arrangement with
them applicable to that Mme meth mofavourably than a; resent-
After some diathesis. Me. Ilebertext moved that "the ini,ing ap-
prove of the most nee reed, on the understanding and cimdition
thatthe direct." by their pommel credit and funds, pay up the calla
en theaters' thesbesed from the Edinburgh and Glasgow Railway
Ocospany. sod as tiot toodltioo, the meeting unuertake to relieve the
direaloM et their perellem, it being understood that the glares were
not to be amend of without the .action of a meeting of the share.
holder.."- Macau W.S., seconded the motion.-Mr. Cullen
moved, alma sentadment, " that the meeting adjnurn foe 14 dem
from this date
web
enable the directors to come to some arrangement,
if possible web the Edinburgh and Glargow Railway in reference to
the tome of this line, and gums:lntim, that the coneideration of the
report
at le the meantime, and that the report be printed
and dr amts the shareholders with the view of being disposed
of at the adjourned meeting."-Mr. O. Buchanan secouded the amend-
ment. -0o the vote being
Cowan
Mr. Robertson's motion was carried
by • large mejorlty.-Mr. Cowan and Mr. Paton entered their pretest.
-The number of directors was then agreed to be limited to seven.-
Afterward., the meeting was made thecial, when drafts of the bills
introduced lab parliament were submitted and approved of.
GENERAL TERMINUS AND GLASGOW HARBOUR RAIL-
WAY.-1101l yearly Mating.-01.segow, March 2.9.-Mr. A. 8. Dal-
gliesb in the chair.-11thumeset stated that, from the condition of the
works, the directors hod as auk of being able to open the line fur
trade by August nee Thy bed avoided seeking cold during the
severe premium of the mem, maid. Mhos Nth mama was now,
to • great extent, nee 51, tha beg thiamdeed te make • call of
SI. per share, to be thid in Illeendeed ANL se lita 15th May
and ist Novegaiter Minim. AWN, 'M the call. said
I. that, if the piths batob pratooto la Sie
if bad been
lad M have nee disk mods= add inen mmed net now
messesee; bee In MI Mk Imataates la wins Mr; if theirrent
erenflners& the amol tolaimst wilt not be require&
riMilmllll6load that they would secs be in • math to pay the inte-
rmit en the may draft received. The duelers ha on iseention
ot totaylog either genii or passengers on the Sabbath thy. Bs moved
the speroul of the revere -Mr. Mark Spat seanded the motion,
which-was carried.-Tye retiring diresbas epee Om molotted, and
the Meeting separated.
NA Se nle AND LIEOR.-Special Maithey.-Leadoo, March
30.-Mr. Bpottiewriod, in the chair.-The Chairman stated that the
uncertainty and difficulties in the share and money markets had in-
duced the director. to ail • meeting in order to lay before the share-
holder, the present state of their affairs, and to melee • proposition to
them. The Belgian parader had been applied to for an extenelon of
time for the completion of the railway, and had emoted It conditiOn-
ally, that the company kept a certain number of em esselealy et
work. The directors had agreed to de en but they ewe may north 1
I straightened tor money ; their funds were very low, mil darrill net
see their way order the shareholders would agree a memo raw ;
ante. The wadi were in a forward state, ballroom MAK MI
700,0184. had been 1
expended, and if thee were not protatied vllk Ile
whole of that mum would he sacrificed, for they must slisitst I
Bees, whereas if they were completed • dividend
soon be paid. What he had to propos the, that the smiamee
required *complete the rails should be granted AMOR*, woo at
I immediate payment of the remaining limile► mei en, by,
way of advances on detentura. The directors were, at present, on.
gotiating • loth them* terms ea, though they were high, would ap-
ply part of the sure required to complete the railways. But they
meet have all the aasistance which could be given from the share-
holders. The directors proposed to issue debenture, bearing interest
equal to le per cent.•-via., 5 per cent. home. and 5 per cent. interest.
They were enabled to offer these terms in consequence of the number
of Aare, that had been forfeited by the non-payment of the calls. A
statement would be reed by the accountant of the company.-fair Y.
smith said he had only recently joined the direction, and he had every
mean to be saddled with the presperta of the company, provided the
shareholders resolved upon ea= out the project-Mr. Miles, the 1
accountant, then statement of the number of
shares paid up and of those which bad been forfeited, from
which it appeared that the total number of share. which
bad been forfeited was 11,180, the amount of calla paid upon which
was 69,9601., so that the shareholder. who now cooatituted the com-
pany had received that sum. There were some deficiencies in the
payments of the 7th and Bth calls, which if not made good would In-
crease the sums forfeited to 185,210 L So far that was mitigatory,
but the consequeace of the non-payment of mills was to cripple the
operations of Me company. What, therefore, the directors proposed
paid
th
on tat the 9th and 10th rale, which (i
64 ndependently of the sums
aid hem in advance) would produce ,1701., should be at once
paid ap. There were negotiations proceeding tor obtaining a
loan of 14,9401., and another eon 01 281.693 francs (11,2601)
was also negotiating on loanT total amount received
front the various calls and other sources was 695,1101., of
which there waa now a balance in hand of 10,911 f. The
expenses of direction and the loses ineural by the depreciation
of Belgian stall in which the calls were tinvoled only amounted to
7,21 a. The ardent engineer and Sir J. Randi the etheulting engi-
neer to theilliMpiny, entered into some • SY* IPA repeti-
tions of Iliad boas stated &Ana on ions to a
mortetor,
et NOWTX: oas
rully Zia" lbw Ma* IN=
Q-th Mil to peto* at men- 1
provided the ommethy 71•101.....A....thi11age te beep 1, alma/sal
lark cm the asked how much the required
la complete irlit=llll;it-Mr. Spottiewoule ( 500,1001.
Mead ne somtheir the freltr double lime. After some desul-
tory asmaisdaa. eillek to aaldha roeetutione were put
trem the elle, In 00.1111111 thet MOM draft of the meeting it was
espallent, in wow Is odds Ihe *vetoes to coon the lines, that
Wed
seemilk that it ath er the direetore to thereat the
ths
la
dmadth:ol3l le 1.140,Er :41750,001;17edWefrancis.-rd.r. -
eh nmeglimeßt that • committee of mix shareholders be
to maim loft the state of the company'. affairs, and to
t and circulate Oar mart before a meeting was held to ccasider
the matter. Thin awarder complained that no report of the
account read by the claimed* table had been printed; and observed
truly that it was depoodde to understand the agues from hearing
them seal ems la a hot, amaar.-The amendment wee almost
whoddlodll Idladtelledit tha taillaal reoletionewere then agreed
to. Thanim brag voted to the Chairman the meeting separated, alter
three homy' duration.
MISCELLANEOUS NEWS.-Ltemucit AND WATER-
F08.0.-The drst public trial trip took place on this railway on Mon-
day. Everything went ad satisfactorily. The line will be regularly
open in a few days from Limerick to Tipperary (town).
FRENCH CENTRAL. - The shareholders in this line
assembled on Wednesday in nerd'. Rooms, Reis, for the purpose
of heariag and rani the report of the council of administration.
M. Bou 'the nth by le laubert, stated -
Ise That? boa been am a in the construction of provi-
sional 9'. 11. me gm gedelsed its works by the
time de liat ens otaohaikes. that. sotwltirtatehee thin extroordi.
vary sheers, whisk net to boos Y Yam on the company, the
fade nodal et SOAK woad be ozoolot but by • small ROM.
2nd. That the section tem Odra to Ileinthes, which bad been open
only niece the Nth of July, 110, sal thot bon Pierson to Chateau.
rous only from Node Ise hot *Mod In that abort period • net
product of NOM This see wail mot be distributed as divided,
but, ,cord ed le the hem et ilis MOW. would be ePPlied to the
&abate, of ea foltrog polio la alootholders during the proems
of the wort.. Throe NM- emeirat 16000,(40t to expend for the
completion of thaltotorgamo Vatarteately the event,. of February
had stopped payraime a Ile loulalor Ms due. The gate not being
now in • coodition op enema -4koa lertbn of the works with which
it waa disedid. Mr ampney bed to wait and expect their com-
pletion. Ilut mad stozooolvoL