The Express.
London, England, 1850-08-31 00:00:00

SHREWSBURY AND CHESTER.

THE DISPUTE WITH THE LONDON AND NORTH
WESTERN COMPANY.
The half-yearly meeting of the shareholder"' in the Shrews-
' bury and Chester Railway ems held en Thursday, at Chester.
The chair was occupied by Mr. W. Wardell, chairman of the
board of directors.
The CHAIRMAN, in opening the proceedings, referred to
the bill belore parliament last lesion to enable the Landes
sad North Western Company to leaps the Chester sad
Holyhead Hallway. Now, the Chester withy line
wee sack an important line, as connected the different
lines terminating at Chester, that it ought to be equally
open to all, and they had therefore opposed the bill. Had
the Chester road Holyhead line been lowed to the Load=
and North Western Company, that Company would have
bad such a power over it as absolutely and virtually to ekes
it to all ether companies. (Hear, hear.) He would, noway
a tee words as to the dispute with the London end North
Welters Compeny as to the traffic between Shrewibury
cad Birmingham. It had !been said that the Shrewsbury
and Chester Company were pugilists, bat the truth wm, that
every step that had been taken in parliament by them
had been as the defensive, and every overture had come
from them, whilst not one overture had come from the
Load= and North Western Company. Smile time ago,
the directors of the Shrewsbury and Chafer Company
sought en interview with the directors el the London
and North WOWS Company, which was granted, and this
interview took pleas in Loudon; but nothing cams of it,
bemuse the London and North. Western Company. stated
the Ingrain made between the Shrewsbury and Birmingham
Company was a eas-aided ass as regarded the North-
Western Company, and that they would oppose it in every
seen ofjesties. The Shrewsbury sad Birmingham Company,
en the other hand, said the agreement was binding, and
they would stead by it. After this the Shrewsbury and
Chaster Company proposed that all differeaess between the
London and North-Western Company and the Shrewsbury
and Birmieghaes Company should be left to arbitration,
when the swim from the Northlffestern Compeanw:
that prossedinza were pending in marts of jades
the we sompaaies, which mut be Amide& belealheAria-
doa sad North Western Company snip[ be purred to
make any arrangement. After some foram remake, the
attains= concluded by selling for the report to be read.
The report, which appeared in the Espross of August 29,
was then read. A dividend as the prefereass shares, at the
rate of 64 per coat. per amain, after &dusting income-tax,
mortals to 4,6881. lba, sad the directors reornamand that a
dividend of that amount be paid to the preference share
holders ea or beam the 14th of September next.
The CHAIRMAN then mewed that the report sad se.
mats new reed bo ponied.
The waken Waft bees esereeded, an ezesediagly lea;
land warm diormolen took place ea the Bases'si position of
the reenkeny, Mask of it was of • permed eharester, ia
which Mr.
_Mont impegued the gas ossidnet al the
directors NEI Miens. He ultimately pregewl, as OA amen&
mint, that a aemmittee of Sae be metalled ft investigate
the assonts, and report to en adjoruallearaffigs.
ealeit mattes keying been eseandod, a Meg and espy Ms-
m took plinse, bat svestaally the repast and ascionsts
ware pared by a ocealleitane malwity.
A. dividend Ysamodemes with she report (at the rale ef
64 peg sent. to the pelvises hoiden) was thee &aimed
end pawed.
Oa Ilse modes for the re-election of the retinue directors,
and the slestisn of Mr. Roy (the retiring ) In the
nem el Mr. lons, boles prepsesi, an warm
and personal diewainles lest Pam Hvanomily, oa a di.
=the Medea wee flentell,lst net bolero it had been
Mint ia the wage rtes memo et the several *beams
tae malestion should be semi seriedies. Keens. Hareiesa,
Brews, aad Mackintosh were mannimenely rweleetel ; bat
is referents to Mr. *sobs. • very loss
teak pleas, and evenftally be Ins demi by • antil
19 to 16.
Mr. Bennett, Kr. Howt_alla taws itifesfilla &-
mended that the seam iia be token, or Wien s pelf
take plass.
.41:a
At men dieenedea, propeddea wee
Mr. Trevor wm then 'Wed auditor, med the UP
usisatad • little loaders sues Waste, eft a tap
r ties M nearly mem Mew