Northern Times.
Liverpool, Merseyside, England, 1857-09-19 00:00:00

CHESTER. AND HOLYHEAD RATEMI4.Y.

Yesterday, the twenty-seventh half-yearly general.
meeting .of the proprietors of the Chester and Holyhead_
Railway was held at the Easton otaian, Sir S. Morton.
Peto, Bart., chairman of the boancl, 'of directors, in theme
chair;

had
two guns placed oa the bridge, so as to prevent the muti- been fully declared, the followieee resolution was passed,
we found present Lieutenants Willoughby and Rayner, that it is the intention of Sir la. Morton Pete, Bart, and
with conductors Buckley, Scully, and Acting-Sub-Con- William Jackson. Esq., M.P.., to retire from the direction.
ductor Crow, and Sergeants Edwards and Stewart, with in March next, and urgently requests them to reconsider
the native establishment. On Sir Theophiles Me' cal fe their determination and to *continue their vain ibis services
alighting from his buggy Lieutenant Willoughby and I to the company for, at any rate, a short time longer."
The
Therep exretpohre.t4
walarseea,,ldyophteeedn,
apnudtolisah,aeeir;thiee sdtietveids,antluttrds
'thus the net belinee te- the credit of rove sun, Z29,92(re
133. 51, the directors hive paid to the London and North",
Western Gempeny the interest on advences, £5. 527 39..._
ant they recommend the deeleration of ' a 'dividend-.
at the rate of. 51 per cent. per anima oa'-the first:
preference stock, and a payment of £41,377 -17 e on.:
account of arrears of dividend on the second pi .efereace
stock, leaving a balance of £O9O 131. 51. to b a carried -
forward to the current half-year. Payment of the divi-
dends will be deferred for the present, but .0 ,a warrants..
will be sent out so soon as the receipts. haver .ccumulated
to a sufficient amount to meet the derneni I, by which
course the necessity . for r.dvances will be otwiated. The
arrears of d-videad on the second prefereue 3 stook, from
Ist April, 1856, which will remain after payment of the
abovedividend, amount to £16,2,,3,0, wh's h, it is hoped,
will be cleared off by the receipts of the, a arrant •half-year e
after which the revenue of the corapanc, exeltieive of any-
jtpiaanocakyas towntah's now in, a
increase; wpuld be more than snelei ant to ensure the
. .
regular payment of the dividends, en fature, on both pre-
ference stocks.
The Caairman, in moving,the adoption of the report and.
.
accounts, said he had little to add. to theta. Only one
point he would refer to, namely, the impeoved, mail com-
munication with Ireland. That measure would involve no
new liability on the part of this compeny, but still it was of,
so much importance to the company thatehe directors had
determined, when the arrangements were-IL:A.IIy concluded,
to submitthem to the consideration of a. special meeting of
831m.Pe.e,tiannogroltebr
sdihreeledtori,ntmo rsrmireneftx•otne tThheedcioreme:
the shareholders. Ho lied rely to add, to these remarks
position to admit of their safely taking
that it was his own intention, and the intentien of Mr
that step, and as he and his friend Me. Jacksonhad many
other preening pablie, as well as private, engagements, they
hoped the shareholders would not object to.release them
from their seats at this board.
Some conversation took place upon the, affairs of the
~
company, in the course of' which it was stated that the
surplus landed property of the company was mere than
sufficient to cover the £3l
.oftt): owing by capital tererenue.
Mr. Hamilton, M.P., Me W. 0. Stanley, M.P., Mr.... Jac-
kson, M.P., and other directors, bore test moat' to the
extraordinary zeal sod attention which the cheirineu had.
devoted to the interests of the company during the last
six months, while some of them expressed apprehensions
to continue
lateeh.soetnlisithphsapenri
ertuvt.o.nus
itAoueilireepse
:o relations
ichairmano: e
tcottw ea
which
cliilh:
eetUilhirdd,
now,
a, utahena
ill:al:7s
isifee.
i between
suspended
since
s i
"Meerut, May 27.
dividend to be declared at this meeting would be paid
" Sir,-1 have the honour to retort fir the information this board and that of the London and North-Westorn
of Government, and in the absence of my commanding
officer,, Lieutenant WillouglabY, Artillery, supposed to be
killed en his retreat from Delhi to this station, the follow- in the course of six weeks, but the directors could not
Mr- Jackson explained
the mutineers and insurgents on the llth inst. - On the that the company was now getting into what he called " a
lug facts as regards the capture of the Delhi mug z'ne by plec'ga themeelvA to a day.
morning of that date, between 7 and 8 a.m., Sir Theophi- net position," and the future peespeces of th© company
leis Metcalfe came to my house, and requested that I would miczht, on the whole, be pronounced, es highly cheering.
users from passing over. On our arrival at the magazine viz., "That this meeting has, lewd with extreme reg et
, accompany him to the magazine for the purpose of having
accompanied him to the small bastion on the rite! face, The proceedings then e,erminated with the usual rote, 0
which commanded a full view of the .bridge, from which thanks to the chairman and director'.