The Sun.
London, England, 1855-05-18 00:00:00

4,

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RAILWAY INTELLIGENCE.

GREAT WESTERN.
The adjourned special meeting of this company was
held yesterday at the Paddington station ; Mr. C. Rus-
sell in the chair.
The Secretary read the heads of a bill for making a
railway from the Great Western Railway at Southall to
Brentford, with docks at the last-mentioned place.
On the motion of the CHAIRMAN, a formal resolution,
approving the bill, in compliance with the standing
orders of the House of Lords, was adopted, and the
meeting separated.

WEST FLANDERS.
The half-yearly meeting of this company was held yes-
terday at the offices, Moorgate-street ; Mr. W. P.
Richards in the chair.
The report was taken as read.
The CHAIRMAN, in moving the adoption of the report,
explained that the directors had availed themselves of
the opportunity of raising 15,0001., in accordance with
the arrangement with Messrs. Brugmaun for raising
the requisite capital to complete the lines conceded to
the company. With respect to the agreement made
with Messrs. de Pariente and Co., as provisional conces-
sionnaires of a line to be made from Fumes to Roulers,
by which the Deynze line was to be transferred to them,
it was not carried out in consequence of Messrs. de Pa-
riente being unable to comply with the terms on which
the Minister of Public Works was prepared to grant the
concession to those gentlemen. The time had been ex-
tended for the deposit of the caution-money, but the
latter not being forthcoming the Minister gav themta
formal notice to the effect that they were not the conces•
aionnaires of the Fumes and Roulers Railway. The direc-
tors of the West Flanders Company also gave Messrs. De
Pariente a formal notice to the effect that the company
were completely clear of the arrangement made with
them. Messrs. De Pariente then gave notice that they
would take proceedings against the company for a breach
of contract. They brought the matter before the Tri-
bunal of Commerce at Bruges, and it was dismissed for
want of competency on the part of that court to deal
with it, since which an effort had been made to bring
the case back to the same court for adjudication. Whe-
ther they would hear any more about it he did not know.
The directors had purchased 4,5001. of the preference
capital for the company, and with the interest accruing
on that amount they had purchased 120 old shares, with
the view of forming the nucleus of a sinking fund, to
relieve the company of some of its unproductive capital.
He thought it was a valuable principle to establish, if
approved by the shareholders.
Mr. KITTRICK thought it would require some care
and management to carry out the scheme properly for
the benefit of the shareholders.
Mr. HEBAPATH hoped they would be able to form the
nucleusidi
yo übateb
sodofre
bssi urtarhbpell
euusntpocracapaainttacabel eal
tcnhadep
ibtayl
shares. that means to
Hew hen thoughtpur.
chased, and thus to increase the dividend on the other
shares.

Resolutions were passed unanimously, adopting the
reports and acconnts—approvinz the course pursued by
the directors with rezar I to the purchase of the shares
)f the company, and requesting them to improve the
fund so cotntnenced ; declaring the dividend of 24. 6d.
o,r share ; and confirming the election of Captain Greig
o a seat at the board.

The proceedings concluded with a vote of thanks to
be chairman and directors.