The Sun.
London, England, 1855-08-09 00:00:00

BRADFORD WAKEFIELD, AND LEEDS.

Tile half-yearly meeting of this company was held yes-
terday at the company's offices, Bradford ; Mr. W.
Firth in the chair.

The report, which was read by the secretary, stated
that the'directors have made satisfactory progress in the
purchase of lands; The execution 9# the works have,
since the last meeting, been let to a respectable con-
tractor, who is now actively employed in the construc-
tion of the line. The directors retain the same satisfac-
tory conviction of the utility and adVan6ges'of the un-
dertaking which was entertained when the project was
first originated.
The balance-Sheet showed that up to the 30th cf June
there bad been received 18,915/.; while the payments
(including. 11,5057. expenses of obtaining the act, and
4,600/. on account of land purchased) were 17,321 t,
leaving a balance of 1,5947•
The ClurfutiA moyinOtirs-idartion Of the Foperk

stated that they bad purchased about four-fifths of the I
land required for the railway and works. The whole of
the land from Wakefield to Beeston was purchased, and
there were about eight acres of land at the Leeds end of
the line, where they joined the Leeds, Halifax, and
Bradferd'Rallway, yet to be obtained. They had three
proprietors to deal with, but they did not anticipate any
serious obstacle in the way of obtaining the remainder
of the land. Generally speaking, they had been met
very fairly by the proprietors. Their progress bad been
more rapid than usual, and few cases had occurred in
which it had been necessary to take legal measures for
a compulsory purchase of land. The time specified in
the contract for the completion of the works was
April, 1857, which corresponded with the time at
which the Leeds, Bradford, and Halifax Railway
Company would complete their Ardsley branch, so
that the two railways would be opened simulta-
neously. They had concluded working aareements
with the Great Northern and Lancashire and Yorkshire,
which they believed would secure the satisfactory work-
ing of the traffic of their line. They had already called
up 51. per share, which, with What bad been paid up,
would give them about 45,0001. They calculated upon
making two other calls of 2/. 103. each within the next
six or eight months, and their borrowing powers would
then come into operation to the extent of 60,0001. The
estimated cost of the line was 230,000/, The rails
would weigh 801 b. per yard, being 10lb, heavier than
those of the Leeds, Halifax, and Bradford line. A con-
siderable saving in the cost of inahitaming the perma-
nent way would be the probable result.
The report was unanimously adopted.
A resolution was passed fixing the salary of the sec-
retary at 2001. per annum.

A vote of thanks to the chairman terminated the pro-
ceedings.

MONKLAND.

The half-yearly report of the directors states that the
receipts show an increase, as compared with the previous
half-year, of 2,3901., and in the net balance of 1,6941.
The traffic receipts on the line for the half-year ending
June 30 amounted to 30,3491., and the expenses and
interest to 14,8681., leaving a balance of 15,4811. The
directors propose that a dividend at the rate of 5& per
cent. per annum be declared, being an increase ofd per
cent. over the last dividend, and that 5,1521. he carried
to the reserve fund, which will then amount to 7,3961.
The rolling stock and permanent way have been effici-
ently upheld during the half-year. The m tintenance of
the entire line is now in the hands of the company, and
the directors find this to be more economical and satis-
factory than having the work done by contract. The
c.ipital account showed that 609,4591. had been received
and 628,5641. expended, leaving a balance against the
company of 19.0951. The liabilities of the company on
capital account are stated to be 3,7811. The revenue ac-
count for the half-year ending June 30 showed that
30.339/. hail Leen received, and 11,8041. expended, leav-
ing 18,5351., out of which 3,0631. is deducted for inte-
rest on loans, leaving the balance as above-15,4811.

STOCKPORT, DISLEY, AND WHA.LEY-BRIDGE.

The half-yearly report of this dbmpany states that,
during the winter months, the directors were not desir-
ous of prosecuting the works rapidly, but the works are
now being accelerated. The Parliamentary and preli-
minary expenses have been ascertained to be 10,5711.
The bill to enable the company to construct a junction
line to the Croinford and High Peak Railway has re-
ceived the Rciya,l assent. Under that act the latter com-
pany are empowered to subscribe 3,7501. to the capital
of this company, and to appoint one director in addition
to the nine directors forming the board of the company.
By the same act the London and North-Western Com-
pany are empowered to hold shares in this company to
an amount not exceeding 85,0001. The capital account
showed that 18,3421. bad been received, and 16,7821.
expended, leaving a balance of 1,5601. The authorised
capital of the company is 200,000/.