The Express.
London, England, 1849-02-20 00:00:00

BRIGHTON AND CHICHESTER.

Hal/(-yearly Meeting.—London-bridge Station, Feb. 19.
The lion. Capt. Horsens in the chair.—A statement of
accounts was laid before the meeting, of which the following
was the effect: Total capital expended up to June 30, 1848,
375,3711 10s. SI. ; additional expenditure during the 11'4
half year, land and compensation, 25,1171. 6i. 3d. ; en-
gineering. 3131. 15s. 10d. ; payments to contractors,
3,0721. 14e. 94. ; stations and cottage*, 722/. Bs.; officP
ekerrs, Bs. bd. ; making the expenditure within the half
year 29,2281. 13s. 3d.. and the total amount of capital ex-
pended up to Dee. 31, 1848, 404,5981. 31 Ild. From this,
however, there was deducted (in anticipation of the
result of the special meeting), 80,0001., the amount to be
paid bs the South Western Company as theliurchase-ntoney
for their joint Waist in the Collie= and Portsmouth liae,
as per agreement, leaving as the actual amount of capital
344.6981. 3s. 11d.

The CHAIRMAN said the directors had Pimply to lay
the statement of the capital account before the proprietors.
He need not trouble the proprietors with any observations.
He would only observe that he thought they might congra-
tulate themselves on already retuning prosperity, and on the
prospect that before they, again met railway companies
generally would be in an Improved position. The motion
which he had to make was, " That the accounts hid on the
table be received and entered on the minute!." Agreed to.
Two refiring directors, the chairman and the deputy-
chairman of the company, were re-elected.
The meting was then made special, the object being, as
the chairman said, simply to carry out a recommendation of
the board of directors for the transfer of a portion of the
Brighton end Chichester line in conjunction with the Lon-
don and Brighton Company to the London and South
Western Company. The following resolution was proposed
and second. d . .

" That this meeting consents and agrees to the sale by this
company and the London Brighton, and South Coast Rail-
vay Company, to the London and South Western Railway
Omar any, and the London, Brighton and South Coast Railway
Company,of so much of that portion of the Portsmouth exten-
sion of the Brighton and Chichester Railway as lies westwaid
of the point of junction near Havant, between the lime of the
same extension railway and the line of the intended
Direct London and Portsmouth Railway, and the eta-
, dons and other works and conveniences connected with
the same portion ma is between the junction with the Fare-
ham and Portsmouth branch of the London and South
Western Railway Company and Portsmouth, including the
land necessery for the purposes of a joint station at Parts-
mouth, together with the sa,ion at Cosham, and the works
and convenient s connected tb,rewith, upon the terms of
the written heads of 'greens, : and that the directors be
empowered to affix the seal of the company to such contracts,
conveyances, and other legal instruments as may be news-
airy for carrying the arrangement into effect."
The SECRETARY observed that the agreement had
been published several times, for which reason the heads of
it were not read. _ _

_ •
The CHAIRMAN stated that the amount of the pur
chant money was 60,0001.
The motion was then adopted unanimously, and the cam.
mon seal of the company affixed to the agreement.—This
terminated the prone. dings, which, se there was no opposi-
tion, were of a purely formal character.