The Express.
London, England, 1851-09-05 00:00:00

HEREFORD, ROSS, AND GLOUCESTER
RAILWAY.

The first general meeting of the shareholders of
this company was held yesterday, at the Dragon Hotel,
Hereford, for the election of the directors end auditors; J.
W. Booker, Esq., M.P., chairman of the company, in the
chair. The secretary (Mr. Nash), read the report. It
announced, among other topics, that the parliamentary cost
of obtaining the act with all preliminary charges amounted
to only 9,0001.; that the share list was completed ; that
the tunnels at Bellingham and the Lea would be proceeded
with at once ; and that Messes. Brainy, Pete, and Betts were
prepared to complete the works at a cast not exceeding the
estimate of Mr. Brunel.

The Hon. CHAIRMAN, in moving that "the report
be adopted, printed, and circulated," adverted to the
strong yet fruitless opposition they had so unexpectedly
encountered in both Houses of Parliament, and offered
his congratulations that they had secured their
legislative powers at a cost so comparatively trifling.
They were in communication with the Great Western
Railway Company, with • view to secure their
co-operation in providing carriages, vans, &c.' to work the
line when ready, and time only was wanted to mature
the arrangements. He reviewed tho benefits which must
accrue to the district, and ;at the same time afford to
the shareholders and to the holders of the debentures •
return for their capital higher than could be obtained in
some mercantile transactions, and still larger than by its
employment in the pursuits of agriculture. The lino was
23 miles, and the cost would be about 10,0001. per mile ;
and, viewed as a whole, be thought their proceedings were
a subject of sincere congratulation.
Mr. VAUGHAN, vice-ohairman, *sanded the motion.
The business resolutions were carried unanimously, as also
votes of thanks to the promoters, chairman, and Mr. Brunel,
ho severally acknowledged the compliment. The salary
of the secretary was fixed at 300/. per annum, and the audi-
tors at 101. each. In answer to the interrogatory of the
Rev. A. Clive, whether " a large shareholder had not with-
drawn his money from the concern ?" the chairman said,
" Mr. Brassey had withdrawn by consent the amount which
he had put down in bard cash to go to parliament with, as
he would take in shares 100,0001. instead of receiving that

sum for works on the line."'
The following are the directors for the year :—T. W.
Booker, Esq., M.P., chairman; .1. F. Vaughan, Esq., vice-
chairman ; Sir Robt. Price, Bart., M.P., the Right Hon.
Sir T. F. Lewis, Bait, M.P., F. R. Wegg•Prosser, Esq.,
M.P., G. C. Lewis, Esq. M.P., Col. Clifford, M.P., John
Ormerod, Esq., James Davies, Esq., C. Burmeister, Esq.,
C. W. Allen, Esq., and 0. Partridge, Esq., W. P. Price,
Esq., D. M. Walker, Esq.

GLASGOW AND SOUTII WESTERN RAILWAY.—The
ordinary half-yearly general meeting of the shareholders of
this company was held in Glasgow, on Wednesday; Andrew
Orr, Eaq , chairman of the company, in the chair. The
secretary, Mr. F. Smith, read the advertisement calling the
meeting, and the report, which contained the following pas-
sages: " The board now submit to the proprietors the
capital and revenue accounts of the company for the half-
year ending 31st July last, which have been audited as
usual. The revenue account presents the following results:
The receipts from passengers are 039,692 8 7}
Goods, minerals, &e.
Miscellaneous receipts, rents, &e 1,215 14 3