The Express.
London, England, 1860-06-01 00:00:00

DUBLIN AND MEATH BAILWAY.-(THIBDAY.

An extraordinary meeting of tho proprietors was
held at one o'clock at the company's officea, 30, Great
Winchester.street, in accordance with the stand-
ing orders of parliament, for the consideration
of a bill now pending in parliament, entitled
"An Act to enable the Dublin awl Meath Railway Clun-
y to relinquish the junction of their main line with the
Midland Great Western Railway of Ireland, awl in substi-
tution therefor to make an extension direct to Dublin, awl
for other purposes." The chair was taken by Mr. W.
eiYr.7:l7lllllD. of the firm of Shepherd awl Smith,
solicitors to the company, having read the heads of the
The CHATIMAN moved a resolution of approval.
The Duke of Litnorrra, in seconding the motion, said he
hivl on a former occasion opposed this extension; but, having
since considered the subject more deeply, though his opiniuo
wassot altered, he did not feel justified in opposing it env
longer, because the Midland Great Western Company had
not come forward with any fair proposition,
mid that company should not be allowed to fall into their
hands. (Hear, bear.)
Mr. ALLCAKD congratulated the meeting on the with.
drain' of his graces opposition. He had connected himself
with the Dublin and Meath line in the hope that it would be
very remunerative, but he was convinced that the realisation
of that hope depended in a great measure upon the corn=
obtaining an independent entrance into Dublin. He
forward to the extension of the line, within a short
period, from Kells to Cloaca, which would bring
It into connexion not only with Enniskillen and
Londonderry, but also with Belfast; and with
the direct route which be believed was now sure to be
sanctioned, such a rah" • v must be one of the most impor-
tant and remunerative roes in Ireland. It would be the
Great North• Western trunk line of the country and would
amply repay all who had embarked their capital in it.
Mr. 0. F. Semi remarked that the formation of this
direct line afforded the only chance of a North Western hue
being constructed. It was within his knowledle that there
were quo ies who were prepared to undertake the construe.
thin of s line from Kalb to Clones if the bill then under
consillerati-n were panted.
The repolittion was then adopted unanimously, and a vote
of thanks having been given to the Duke of Leiuster for the
assistance which he had rendered to the company, the
meeting separated.

THE LONDON cffAßranab BANK OP AUS-
TRALIA.-(THIS DAY.)

11 This afternoon the eighth ordinary general meet-
ing of the ets.ve company was held at the London Tavern ;
Mr. 1). In•sitia in the chair.
The following was the report of the directors :
" In conformity with the royal charter and deed of settle-
ment, the directors now submit to the propnetore their
eighth annual report, together with the accounts, duly
audited, .hewing the state of the hank's affairs up to the
131 st December, 1)15e. It is gratifying to the directors to
be able to announcethet, notwithstanding the many fallen.
that have recently oemirred in the colonies, the result of
the part year's unmakes, is favourable, and that the boa.
I nem proepects mad ginsition of the hank at the date of the
last advice* WIT* of a satisfactory character, a result which
may he ascribed to the vigilance and caution exercised by
the impector. Mr. Bramwell, and the other executive officers
of the establishment. The latest advice. from the selmise
extend to the 17th of March from Melbourne,andto the 14th
of March from Itvdmv. The directors propose ag the
usual half•ye.trly addition of 5.0001. to the room
which will then amount to 25,000/. invested in Victoria go-
vernment debentures, bearing 6 per cent. interest. It is
also their intention to add 1,6001. to the 'building
fund, which will then amount to 3,0001. The
comas appended appended to this report are made up to the
31st Deseinher last, !nun which it *Mari that after the
usual dedectioas, sod also after making allowance for bad
sad doubtful debts (the full amount reonnineaksl by the
I • there remains to the credit of profit mad Is.. this
evil 19s. 31., out of which the directors ream-
mead that a dividend be deducted for the hellions. al be
meet free of income tax, 24,5001. ; and that a sum Si
he paned to thu mere' fund ; also that a sum ei
1,1001. be plead to the building fund ; total, 31,0001. ;
I.=be embed to next account a balance of 7,661/.
le
Tits directors anal auditors now go out of oaks,
bed big eligible for re-election, they offer themselves ae.
istediesty."
The accounts of the bank are stated as follows :
Belance.shest, Dee. 31, 1859. : Notes in sir
relation, 135,2721. • bills payable sod other liabilities,
4154,0751. 70. 4d. ; inmate. 1'00.905/. 3.. 9,1•1 capital OP,
roam/. ;
_reserve fund, 30.0001:„.• rolceaul boildelltalund,
1,500 f. ; moat and loss, $4,641/. lea. 3d. ; total, LB ,714/.
IN. 4d. Ames : Coin and bullion, 294,7941.95. 11d.; Weems
due by other beaks, 31,0571. Is. 10d. • hills receivable, and
other seemities. 1,9117,6381. 9s. fel.; freehold, leasehold, and
other pray el the corporation, 941341. A. 141. ; open
[Bolivia 7a bd. ; stamps, 3194 Is. ld i total,
1,939,7141. 10s. 4d.

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