The Express.
London, England, 1866-02-24 00:00:00

GREAT NORTHERN RAILWAY.--( THU Dir.)
The half-yearly meeting of the propsigten ye.
held at it o'clock, at the lEing's-croar station • Col. P
IC Y., in the chair.
The report, which bad been previously published
be take° uread. tariat
The CHAIRIII/1, in moving its adoption, said le het repeat hi. comsratalationa on the continuer pseapwk s_3
the line. In the last half year slues amo am had lose
en capital, but this iseleded tie addition of 774,000:, fee,.
stook of the Leeds, Bradford, and Halifax Itallwey, gal
digt,Cool. for the stook of the West Yorkshire Rada.—
mad there were also additions for st Woos, sidings, he 134
ell the lines were completed expenditure of that kind emir
not be entirely discontinued. There wu 1,200300c3
capital for lines which were as yet soproduetivo, hale.;
he treated would eratie to be so in the Kum d
awe year. The increase of revenue emoted the expectations of the board ; and they we,, goahhi
recommend the same dividend as lut year, %sew,
required 45,0001. more. The line wan h exulleat irk
The locomotive expense were of course setseeee
by the additional mileage ran, the increase la ice
department in the half year being 18.010/. L.
opposition to a complaint on the past, tr emi
de•al are that the rolling stock bad never bora la how
• order than It wee at preeeot. The nageremika
: item showed a reduction, the principal NIS SI how
being for the repairs of locomotives wawa, Thee
wee a cousiderabte increase in the quantity of rely us
down, though the extra expense was. only about /raj
Proposals bad been made to the board fee
new lives in different parte of the country. Thza
considered all such schemes, end were
go avoid any expenditure of espial SS fir la Mk.
I What they now sought powers to do was essential to ewe
; own (minute, one of the chief things being the deems.
of the Copenhagen Tunnel. As the punster, were eassy
--.‘
an arrangement had been made with the board of the gar;
; Eastern Company with respect to the trait) to the Nisi:
Eliseo the report was issued the board had mewl
a letter dated the lith of February from the Crest Use,
board, enclosing a copy of a resolution whisk bad tee
I agreed to on that subject.
The Elgoiwrase then read the resolution which easythe effect that in the present position of the Glut Pune
Company, it was undesirable to pressed with a,
bills In parliament which were presented ea**
!by the Great Northern Crinpany, she osei
Barters Company, and the Hancheater, eltigheld,
Linooinshire Company, it being added that befere fi
. Greet Eugene board could recommend the slislieldev
adopt the agreements the terms would moire firths ea,
sideratioo. The secretary also read the reply of doge*
Northern board, dated February 7d stet by the had et e
messenger yesterday evening, expressive empties se*
i retest at the course taken, which was a complete heed
of the sealed agreement between the three empesia,w
• intimating that the board felt bound to resift say atimpth
4"
The .Cgarnian said he had no doubt the quad
would be carried out. The resolution was adopiet ,t
Imin
bees
depart
alreadythetef ineurZ.PeclailY as considerable agues W
Hat mooting, after the appointment of the pees
Eastern committee of shareholders as directors, saa •
doubt the object was to gain time for romidersha
Be could not for a moment suppose that a hip oft
pany like the Great Eastern would not any ago
agreement which bad been arrived at with so oast MI.
and through so many meetings. and which would lisises
Hoist both to the companies concerned and to the pet&
(Hear, hear.)
After some dissuasion. the report was adopted, amigo,
lends in accordance with it were afterwards cliched.