The Express.
London, England, 1857-07-09 00:00:00

H.INCHESTER AND SHEFFIELD &AMWAY

COMPANY.

Yesterday afternoon a general special meeting of
the proprietors of the Manchester and Sheffield Railway was
held at the Palatine Hotel Manchester, to receive a report
from the directors in reference to the termination of the
weement of 29th July, 1834, with the London and North
Western Company, and to consider and confirm, or other-
wise, an agreement with the Great Northam Company.
Thant was a numerous attendance of proprietors.
The following report and traffic rrrangemente with the
Great Northern Company woe taken as read :
"The directors have to report that, owing to the coarse
taken by the London and North Western Company, which
ha. amounted, In their opinion, to an entire breach, on the
part of that company, of the agreement of the 29th July,
18.54, they have been compelled to inform the directors of the
London and North Western Company that that agreement is
at an end. All the fact will be fully laid before the share-
holders at the meeting convened for Wednesday, July 8, at 1
p.m., and will be enbsequontly circulated to the proprietors.
Under these circumstances the directors have nogoUated an
t with the Great Northern Company, a copy of
:Leslntaattached, and to which the sanction of the propris-
tors is asked. The directors recommend the agreement to
the proprietors fur sanction, with a confident belief that its
adoption will be of great advantage to the company. A proxy
',enclosed, and it ie hoped that each proprietor will express
his opinion by personal attendance, or by the transmiemon of
this peony to the secretary."
[The traffic agreement was identical with that given in our
report of the Greet Northern Railway meeting.]
Mr. J. CHAPMAN, deputy chairman of the company, who
presided, then entered into a long and lucid statement of the
difficulties which had arisen with the London and North-
Western Company, and which had led to a rupture with thst
compan and the formation of an arrangement with the
Great Northern Company. He concluded by moving
a resolution epproving of the poliey of the directors in re-
ference to the London and North M extern Company.
Mr. C. TURNER seconded the motion; and both Mr.
Gamble and Mr. Wrath; M.P., entered into some further
explanations jumilicatog of the mime taken by the directors.
The resolution woo agreed to unanimously.
The CHAIRMAN next moved the confirmation of the terms
of the agreement entered into with the Greet Northern Com-
P a EMT; TVIINER secoeded the motion.

Mr. Rost ors, solicitor, of Chester, expresee4 hte regret
at the severance of the alliance with the London and
North Western Company, but thought, after the statement
of the chairman, the directors bad no alternative but to do
what they had done. (Hear.)
Mr. MORTON expressed great satisfaction at the alliance
with the Great Northern.

The motion was carried unanimously.
The meeting woe then made special, to sanction the bine
now before parliament to extend the Stockport and Whaley-
bridge line to Buxton, and to make a line from Oldham to
Ashton and Ouide-bridge.
A motion by tho chairman to that effect was carried unani-
mously.
Mr. ROBERTS moved a vote of thanks to the directors for
the manner in which they had acted in terminating the
agreement with the London and North Western Company,
and the devotion they Lad shown to the intricate of this