The Sun.
London, England, 1864-06-02 00:00:00

METROPOLITAN.

A Wharneliffe meeting of this company was held
yesterday at the London Tavern—Mr. W. A. Wil-
kinson in the chair.

Mr. HENCHMAN, the secretary, read the n3tice
convening the meeting to consider four bills now
before Parliament.

Mr. BURCHELL, the solicitor, read the heads of
a bill authorising the St. John's-wood Railway
Company to make a railway from near the Baker-
street station of the Metropolitan Railway to St.
John's-wood and the Finchley-road station of the
Hampstead and City Junction Railway. The only
clauses affecting the Metropolitan Company were
enabling clauses authorising working and traffic
arrangements between the two companies.

On the rooti9n of the Chairman a formal resolu•
tion approving the bill was carried unanimously.
The next bill was for authorising the Midland
Railway Company to make a short branch from
their London Extension line to the Metropolitan
Railway, near King's-cross. Clauses were inserted
in the bill enabling the Midland and Metropolitan
It ilway Companies to enter into contracts and
agreements in reference to the working of traffic
over the Metropolitan Railway and the fixing and
apportionment of the tares and tolls,

A formai resolution approving the bill was car-
ried unanimously.

The CHAIRMAN said the next bill he had to sub-
mit v-as for conferring additional powers on the
Metropolitan Railway Company to accommodate
traffic from other lines, and facilitate its passage
over the Metropolitan Railway. Two additional
lines were to be laid down to accommodate the
traffic of the Great Northern, the Midland, and the
C? rest Western Railways between King's-cross and
Farringdon.street. The additional capital required
was £450,000, with power to borrow £150,000,
making together £600,000.
Mr. PARSON explained that the two sdditicinal
lines of rails from near King's-cross to Farringdon-
street would cost £200,000, and it would take 15
months to construct them. They required £lOO,OOO
to pay for the additional engines and carriages
orderei and for sheds, that left £150,000 for other
works, junctions with the Midland line, and im-
proved access to the Great Northern, They had
been pressed by Parliament and the Great Northern
Company to do these works as soon as possible. The
shareholders would have to determine in February
next as to raising the additional capital.
A fcrmal resolution approving the bill was car-
ried.

The CHAIRMAN said the last bill he had to sub-
mit was to enable the Metropolitan Company to
extcud their line from Paddington to Notting hill
and Brampton, either as their own undertaking or
as a separate undertaking, other persons finding the
capital: The line would be three miles in length,
pass through a populous district, and form part of
theintended " inner circle railway." The capital
would be £1,200,000, and the borrowing powers
£400,000.

A long discussion ensued, in the course of which
Mr Jones and other shareholders contended that the
company should avoid making any further exten-
sions. It was stated that Some very influential and
wealthy individuals were prepared to carry out the
undertaking without any subscription from the
shareholders of the Metropolitan Railway.
A forrali resolution approving the bill was car-
ried unanimously, and the proceeiings concluded
with a vote of thanks to the chairman and directors.