The Express.
London, England, 1858-12-16 00:00:00

°BRAT LUXEMBOURG RAILWAY .-(7RI8 DAY.)

This afternoon a meeting of the ehareholdere in
the above railway company was held at the London Tavern,
for the purpose of reounne a report from the directors; the
HOC. FRANCIS SCOTT, M.P., Chairman of the board, in the
chair. _ _

The fallowing wan the report :
In delaying to this unusually late period of the year the Limbs of the
annual report and the boding of the general Meeting of Itharls Iders,
yogi direetonhave born actuated chiefly by the desire to announce the
rof the entire line, for which your capital hm been aulacribed,
f7O. B.e. to Arlon. The board het now the eatlnfarium of
trotting the p• ninon that this lone looked for eventest Kin g
has 1.,
milthaemitheL On the 27th of October last his liel the
the ofßateau.pl. aroompouled, by the royal family and tine ye mlopepp.
presids4 at the inauguration at Arlon. The importer:lea attached 'o the
opening et tie entire Hoc sae evidenced by the obervationa of Lie Ste.
jest, won the o alviall, and by the local ref 01-ings which followed.
When the proprietors Last met, the Great Lthembourg Railway hod
been 'meetly opened from Brumes to Namur, a nista-nos of 34• intim,
end the report Informed them that In addition thereto, the trat•ortnat
link tailed the" Lithe de Ithorordement," had been completed la the
November pm:adlos. thus tontiocting our line with all the other
Bares lines at Orme*. They were likewise Informed that
the whole of the wake between Namur and Arlon Itht
ram) had been eontricted for, and were In course of active crea-
tion. On the 18th of May, 1862, 18 miles extending from Name to
(limy, and on the ilth of July a !tether section from Gluey to dropout,
22 meek .me oporod for waffle The remaining IMAMS fr.l. Gni-
pont to Arica, 43t rade., as has been &heady dated. wan formally
opened on the 27th of October. and the traffic commenoed on the Bth of
h member. Not withstandtog the dlfibmines ocesanneA by the enor-
mous magnitude of the works, Use line to Arlon has been completed
within *tie More than two yews from the slated its commencement,
and ate months whet than the period Dzed for Its completion by the
contention with the government of September, 1866, via., April. 1819.
Oreat mere he been taken to exam the mod perfect solidity to the coo
arurithe of the works, and them le every man to believe, that after
the lint year, during which there will necemardly be more than the or-
dinary retheday required, ethane anteidemoviim the emthekmusts. the
railway will be plamd In as stood e wildcat as the line to Namur now le,
and will be mlntained at en equally moiler de cost. Several gluten
buildings still remain to he emoted, and fn-thee edibles sod other
works will be remitted to provide foe the teethe en it becomes devel,ped.
With mama to the canidhettem of the elver Olathe, which formed pare
of the updertsking when the pmt members of the board entered
upon the alreedon of lour at7Yn, it will be seen by the accounts that
the sett revenue derived from the one mile end a half now opened
during the wet year amouoted to 9711., 10s. The navigation has been
mriothly aNsoted by the low rather the river, owing to the extreme
dryer during the met as well an the percent year, which Mill Mrooo2l
for the diminution In the receipt. locomen:od with the Pinto. year.
The works Item Mooed where the lint section ends. to Cosablain-
au.Post, a diatanoti of sixteen mime, have been conducted
with the strictest redird to economy, and ere now almost
completed, so that a Enteral theresee in tide anomie
of revenue may he ormadered certain. On the lith of kit mouth the
traffic commenced on the whole Ras, and its development hith rte the
been such as to afford the masa Pittman that the enterprise ere long
will prove to hoof an usdeubtedly remunerative character. Upon the
nos previonsly open the permanent way and the rolling kook ham been
maintained to good condition, an.. to Imam the regular and seems
working of the traffic, and • rthereate to the have rhos that the
iseemen of the mid working during the Tose 1867 amounted to
22.4871. lth. it or not more than 46.71 per Mkt. of the receipts. The
resortof 1857 shows:lee testae between linvecli and Nam or, and el.
Whited a table of receipt. obtained lu e irrew tot! itla quarters of 1866
and 1857. The following table ethibita all equally asintimy =omit
obtained from the rethipte between Murals and Nunez. duns]. the
similar qua tern for the three years 'Mee the tine ha. been opened tO
Nemoz, and aIIOWB the trifle et them sPffereat patio&
1858. 1867. It%
Quarterending Inman
Ad, 13 £7BBB £11,413 permit. 04,701
ke.197,117113 ,10i311.11111111 PI tee/M.MSI/1
Inarse on 1861 .18 pm oath, nil ea 186.88 we lent new Ms
reoepta of the quests, In 1641, have emended by fa pa enl rem le •
1114, and the receipts la the oureme_ par he.. mewed* line In MI
*lB per ea .t., and them le 12811hylggir scenti,ahoirt* AM new the
nether of tho maws/ the modelils boom WWI seelmisi. In
meant Is the mcat unfereeentie peens ot the. wade nee Ow ter*
therefore no fair companion an
bo llotellated Ileresnslat Urals eh.
'erred that up to the end rit Illee Was hen *UM* bb 3113
ylehtloi dine 1,1471. per onnel le thi.AT........r
BORON* and comparlassere medene
sir lama bathe It Is the perks wird* brims ems ter some en
sidecar time, and therefore en Mist nee eta way elliteM. thanes* *
hard et the proont of the meths! bream et Win The spinet
tie parr of the! ne beyond Naar le lee main tille anai=
ben hit the erculat a et him wenn bet the
me that, reg to the many TIOXIMIOn wales IntiiiieldTh the ialt.
ve
MR berme MY
MS ler:en at width le :pnkltitilatare
senthen Mosta: laelseel. Pllfehlei Ilt 60 Orel
the em for it immeinth le
rot dime and —Ma, thelermation of a pest Iniezi=llati
of Wart. It must be eentrend lei es niters diners*. se Ida Ihe
Dutch Luxembourg Beihrsh, errinaloatins to thee nth the •
city of Lustraliesarg. Trein Ihrsbran. La
reef.
„r mait
Oentral tiermany. It le she emintlal for the interesee et s
that the Oriel Luient bawd hallway should be en
frontier at Loney, then to art the nelearies line %IV
Suter. Railway ot Foam ad.Thiewrilleend thus e•tect a
et railway to Barbosa an Delintolimil en aeons ban. re le Pasle
the other. When then hinelimemeelheteds len aad ,Meagan
la the thine On an /00000 wilt he latrodiered. nith nororß
hinn to Manse the mann if the . In eider to Arai&
them mar lethal& cane* *dn. be It were not Included
In any innym annale et tho eiel et this rimy, tat w1tteh..1.22:
terms of Ur a scares sod 1..6.. eeneirons wlth Ye
go•ornenlin. this Gruen Is Worry oar the eientimasplie
artabbooring Ira being met* without, Math It nem des entre at
the full nosesure et Ns wins and to etdm le meth& the
redone and roiling Ilan KW thew anendoss, tweet 1j to
terror fifteen and drew min, sad to Inimeir lt:
rake not
eend stalks eireentedatlon rendered
the Irene of the trams, sag else to replan the sum =la •
the " Lane do Itacesnlemen" Which mount the lin at
with tee railways of then* thin will require to be rain quire ellirS
0111,0 0, Tab rmount pen dketton .111 seek to We
powers to tree at the morn whieh is to be held ad
on the 10th Imp, and they dein, in have a MOW
modatice from o en endi a resolution be mind.
It will be proposed le min pia um hp p farther waned iMpd at
inch time or timer:. the mama wag in rehired, mil ea the meat
favourable tern tie Mrea9eq nigh the directors am be able to
aerie. She esamilen berms Oconpino and n Milne
will ~...istolgood bons& ander the arm of counsel=el
the of dr Maar of the Rolls.

The CHatanatt, is moving the adoption of the report, re-
minded the meeting that the present board were only re-
eignsible for the last bar of the 12 Tears the company had
been in existenm. When they came into oeice, 1,400,0001. of
the capital had been expended, and yet only nine miles of
the mil way were open, and thane nine miles were being
worked at a cost of 200 per cent. upon the receipts. Since
then the dinettes had brought the whole of the works to •
successful termination, sad the entire length of the railway
wag now open to nab. Be then adverted to the exten-
sions referred to in the Import, and declared that when
they were carried out them Gould be no doubt the
railway would yield • very handsome return. both from ppsasa
meager and mineral bailie. Already the traffto was suffi
not only to pay the bondholders, but also to leave • emsllll
purples, and the shareholders might sedgy calculate
that at no distant period there would be lIIKM a development
of the through and local Menlo as to ensure than • respect-
shle profit upon their outlay. Contrast that Mate of things
to the position of the company when the directors sestuned
office—Van the concern was in • state of collapse—
without 'money and without credit—whereas now, with
the additional outlay of about 360,0001., the undertaking
could be made one of the most efficient and prosperous in
Bumps.
ME. READ, the Belgian manager sad director, seconded
the motion, and after some diem: union it was carried, and a
emointion seised In accordance with the recommendmicas of
the report.
The proceedings closed with the usual ocmpliment to the
chairman and director..