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

GREAT EASTERN RAILWAY.-(tHIS DAL)

e—
The half-yearly meeting of the proprietut at
held at noon, at the Landon Tavern ; Mr. 0. H. Tem
in the chair. The aitaidecoe was very nuentens.
The report which bad been issued and publishei Illi
time before, having been takes as read,
The CHAIRMAN said whea he entered that room It le
with mingled feeling of regret and plenum; WAS
amount of the unfavourable balance-sheet, end plena,*
tame he believed a fearf el calamity had jest hie
everted. (Cheers.) He had intended to shake fah eft
ha oonedered should be the future policy of tlas mem!
hut after consideration he thought it best to aleatt fan
doing so at present and to stand on the report. At the ass
' time he trusted the company had attend on a an email
. that one thing which would distinguish that see 0
I would be regularity is their meeting'. (Cheers.) Ti..
port on the whole wee • cornet one; but the Bothrdaaal
i arwioh account formed an exception of 31,000 i., wails
• hoped would be dealt with separately. As Imelda 6
Great Northern Company, be wee an admit/ hr i
• proper Onus, but tot for such ea sew
meet as had bees contemplated. (Cheers.) H. hl
just received from the Great Northern board a laNg
t expressing surprise and regret at the detaminatice al
; to proceed ; but he thought the proprietors maid nth*
' approve of the course pursued by the Great Soto, dine
ton. (Camera) The new board would avoid all gm
bills as far as possible ; but as regarded the miniollim
extensions the late directors had committed the saarm
so far that it could not withdraw. In that one he maw
plated the making of an arrangement nada whisk the
• eontractore would pay interest during custraction. liti a
the state of affairs was at present it would in sornetameleh
I worse at Midsummer. There would be 40,0001. of additional
interest due at the end of Julie end ether 'dirtiest balk
lilies. He was pestered to death with applisatims hi
i situations on that lies, but he begged to slate MI a
appointment would be nade, whether the appliance ant
• from peer or peasant, which would Dot be fre
the interest of the company. (Ohara.) As to the all
servants, they would In dealt with li
to their merits, and if there were any who was at
worth keeping, they would be &twined. In coaciesimie
said it was his determination always to adhere to the
and to do his duty to the utmost ; and ha hoped Wiwi
would be united and the shareholders would entre
their oonfidenee. (Cheers.)
' Dr Oltinte auratulated the company on babe U
bonestandinde.pendentchainnao. (Cheers.) He weaselled
to see es the last of candidates the AMA of Mr. Gosh%
1 who had done much towards brining this oompaerisielle
omelet deplorable condition. ("Hee", bear," sad "Nom)
. He hoped the chairman would look into the state el lie
works at Stratford, for he was told on Hood suborbital
half the men spent their time in mating persabeital
for their cbildreo. (Great laughter.)
I Mr. hos wished to know whether the secants added
the whole of the liabilitioa.
The Commas replied that they did, with the melt"
of the 31,0001. to wluch he bad alluded, and 11,0001. anent
for unproductive works.
1 Mr. faros contended that the accounts did notecase
~
correct impressions with regard to anything, aid Illieltet .
to some of the figures to show that a pans
of the amount kept back eboald be applied in the Maid
of dividends. ("No, No.') The result of his exudates's'
that instead of the working expiates being sot dews atieplr
cent. they ought to be eat down at GO, which would leas
them 100,00 a, or a dividend of 3) per cent. (leettille)
What they chiefly wanted now wee acass to abs earth
(A Voice—Not at any price.) He was serprieed that di
committee should have thrown cold wale es the sear
meat made with the Great Northers Coupe* m
his opinion that arrangement ought to be Itel
out in its integrity. (Loud cries of " No. el
If the directors would not do their duty the altnbmßr
ought to take their affairs into their own Mode (Lash'
i ter and miss of " We have does the'.")
1 The Ciuntatur said be admitted that it was desirstele
have an arrangement with the Great Northern Coale*
1 but it should sot be one under which thf.
I would be parsed by another coroceol. Al
an r.
1 the amounts, be begged to say tbat they wen
I result of the most arefol consideration.
' had been carried forward previously till it was
Ito understand them; but everything au 11°. d 6,0
I wen" account.
tUt(hChinefga.thill) ARAtsetoset° riliadPerwue, hebal.houlau"lak"'"
1 that they should be wheeled out of the way. (
A SHAREHOLDER complained of unnecessary Woo°
annanadva"imadtTontisef rntheeninietemlntitiMaeinteeasofobseuri'fbcalase""t4rnalttrughsiidebb:dwi:
80.16174
attacks on Captain Jamie. (Cries of " Name the PP"
lied • noise. " The ?amity Herald.") d
Mr. J. Peens, M.P., couratulated the animas 1
having placed the amounts ..n a proper buteemas
for ling. He objected to interest being chard to
__A
during emstructios. In his opinion,
0 milr:
should always be paid by the metre:ear—al eL
rasgemest whisk gave him an interest in the atel!
oomplet'on of the work, ; and be was very Ilea 9111:
sew directors bad adopted that view. As to the arten .
with the Great Northern Company tbe 111 _
Sheffield, an Lincolnshire Compan, beand
should like to tr;
why the chairmandy
considered
that the alliance willets f,,
bees ommeneed was rat • proper me. It was 2,:,
awkward Wag for now director+ to inaugurate taker;
by breaking • solemn agreement. (Hear.) Tbeee „wee III:
• thing as commercial morality, and he theta,"
wu always best to adhere to it. (crest t la
sotiotillit
Max)' He thought the agreement 151 d bit
was far tie Wand of this company. It .01
the effect of putties the immense working Pelt
Wks of Yorkshire and Loacashin at an an •
Alttipreeen""illimlim t itilliede°lncomi:plury°llweetkmat thaillullibuepr eteondlim-I(l;nemeatie;(7:4l.l".
loam Markt. (Haar. hear.)
wee broken off, they would get es good terms es-- _..
WrialLlll°4Mr. FILDCRAIRMAIM ealdiphla:mAiddeubtodthawbeththeeqr,ueis7thae_.,.reuteeninalill:
video of the traffic between Landon and Yorkshire wed
7wonsOrkpartia
ati undst the
year, ardioiliewhole of that traffic this eemflai
•lation of Yorkshire, anea‘reat °rho
t por Lonkig
ine acmes 6o the goal district, be was in favour of a
fill
to the 'grommet. instead of relying m the teak
siselmery ecomties. Maus.)
Mr. FL Love said as • large shareholder he meet etelli
hie deep regret OM there was no dividend on Nu esafit
(Laughter.) He demented any exhihitioe of fellatr
vrazds himself.
prosper as s
lot nee had labourei mere
1 „gethe yof the ecenellx it,
l If• diesetthat Shills re ralcurgai Is
im unoce sotfth vanoba7e