The Express.
London, England, 1859-04-07 00:00:00

GREAT WESTERN RAILWAY 07 CANADA.

The half-yes:ly meetiss of this company woo
held yesterday at the London Tavern, ROBERT Oat, Beg.,
in the char.
The retort of the directors for the half-year ending Mat
Jimmy last, and the statement of accounts, an abased of
which has *heady appeared in the Express, were taken
r rued.
The CXAMOIAN moved the adoption of the report, with a
dividend at the rate of 3 per cent. per =nem.
Mr. Govan baying ...noodled the motion, a discussion
moved in which Mr. Powell, Mr. Spend* Herspar,
Colonel Wilma, and other gentlemen took pert, rem the
mime subjects allotted to in the report. An amendment
wen roved by Mr. Sanderson, and sernied by Mr.
Jesasson, to the effect that some competent sad experissmi
person shoed be sent out to Caudate erarlas into the con-
stemetkm sad the actual state of the lime, with iambi diet-
me to its timber bridges, mid also to investigate the frau•
eleiveltion of the company in the colony.
The C.Attttuu, la reply to the several points which had
brit ward, add that wooden rid ea wets commonly adopted
In Cards, where timber was so ebrsiast, and the expense of
sending out iron world so .smote. It wee true that the
timber, not being so well meow* decoyed sooner than
in this country. The empiry had • large stock
el bon rale in store in Ameba, as they had
born sent out at one period with the intintiou ;of
laying down a double brie. They bed also • "cod stock of
engine*, he believed 87, whilst there were only 36 in slam i
sad they had • surplus of oars and carriages, so am to be
to do a very Iry bearer when they got it. With
reference to the um of oasts-iron wheel., as mentioned in one
of the reports, the feet wee, that being of American iron,
made with charcoal, they were found leas liable to break
dm the wrought iron. In answer to a remark from Mr.
Ifeespath upon the course adopted by their manager is Ca-
nada to making an ermagement for a guarantee to the Buf-
falo and LakellurcinCompany, the chairman said that ha end
the whole of the Loudon board disallowed that proposed
sponsor as mu as they wan informed of it. They had
saver bed any ides of givieg • guarantee, as they were ere
Ibs pripelotees would refuse it.
Author letter from Mr. Heyde's, written two drys after
ths late accedes; we. read in the request of Dome sheer
bolder. It gave • detailed mount of that alarming
serenity, and added that It was one which no foresight could
Lave guarded against, end for which he believed the Colo-
posy could not be legally held lia le.
After some further condreation the amendment wee me-
gathei, with only two or three vol. for it, and the IV
pert was adopted unanimously.
Mr. Powett, who said he n presemted a large barer
is the Buffalo sad Leke Huron -Railway, then Warlord
the meeting at mom length in favour of an alliance with that
11,., urging that it it were delayed six math. longer, the
Buffalo and Lake Heron would probably join with the
Grand Trunk I. a competition by which the interests of this
company would suffer very inder.any. He moved that the
chairman totalled upon to chairs the areun.ents which Mr.
Brydges bad urged upon the bond in support of his proposal
for • guarantee to the Buffalo and Lake Huron Company.
Mr. MBAR INS mended the motion, but it wee negatived
without obtaining any other supporters, and a vote of thanks
having been given to the chairman and directors, as well se to
the Canadian board, the meeting separated.