The Sun.
London, England, 1852-09-22 00:00:00

DUTCH RHENISH.

Yesterday a special meeting of shareholders was
held at the Cotton Sales Room, Liverpool, for the
purpose of taking into consideration the subjects
to hot brought hpforA the general meeting of pro-
prietors to be held at Amsterdam on the Ist of 0k:-
tuber next. _ _

Yv
The report, of which the following is a summary,
bad been circulated amongst the shareholders :
The report embraced a detail of the financial and
other measures which the direction considered most
eligible to ensure the execution of the works prepara-
tory to the opening in April, 1855. The way from
Arnheim to the frontiers having been approved by the
Minister of the Home Department, it was proposed
to proceed immediately with the expropriations of
land for the line. The disbursements required beyond
the expropriations, were—The laying of a new line,
narrow gauge, alongside the present one betweem Am-
sterdam and Utrecht, the removal of the latter to the
section between Utrecht and Arnhei m; and the alteration
of the existing gauge on that section. The cost of
this could be defrayed by the contribution of the
1,000,000f1. receivable from Government. 2. The
way from Arnheim to the frontiers. Mr. Joseph
Locke, M.P., had estimated the cost of a single line at
106,5001., or 1,278,0001 ; indeed, a tender had been
received from Mr. Brassey for this amount, and the
direction considered that 120,0001., or 1,440,00011.,
would cover the whole cost. 3. The way from
Utrecht to Rotterdam. The designs would have to
be worked out afresh, but this would make no diffe-
rence in the estimated cost, which would amount,
according to Mr. Brassey's estimate, to 190,0001.,
exclusive of the cost of signals, turn-tables, stations,
&c. 4. The cost of materiel. This the directors
estimate at 1,800,00011., or 150,0001., not including
coal waggons. The requirements for opening the
entire line will thus be as follows :
Expropriation of Prussian Exten- fl,
sion lino and balance of Rotter-
dam line... 960,000 80,000
Prussian Extension line contract... 1,440,000 120,000
Rotterdam line ditto ... 2,880,000 240,000
Materiel ... ... 1,800,000 150,000

Total •••fi7,080,000 £590,000
Of the above, 1,200,000 fl , or 100,0001., will be im-
mediately required for expropriations, and for ratifi-
cation of contracts for delivery of materiel. The report
goes on further to say, that the sum of 4,800,0001
can be obtained from Government according to article
12 of the agreement entered into; and that only about
2,400,0001 will remain to be found, of which sum
1,200,0001, or 100,0001., will be required for imme-
diate wants. It is recommended, that to obtain this
sum, recourse should be had to the 2,415 stamped
bonds in the loan of 9,000,0001, in order to raise money
on their security for the construction of the works.
The direction did not intend to put those bonds again
into circulation ; but they are of opinion that the end
will be obtained, by depositing the bonds in the Bank
of the Netherlands, under trust of two members in
the direction, two Dutch, and two English commis-
saries, to be appointed by your meeting, and by is-
suing certificates in their place, for the same amount
and at the same interest, at par, to be charged to con-
struction account till the opening of the way. Be-
sides this, there were 6,496 shares which had been
declared forfeited. The foregoing estimates had been
framed upon the most economical basis, but the
directors anticipate such an increase of traffic as
would warrant the laying of a double
line throughout, the cost of which was
estimated at 1,440,000f1., or 120,0001., and
would be increased to 3,000,0001, or about
250,0001., by the construction of a terminus at Rot-
terdam, a quay-wall at Amsterdam, &c. Negotiations
had been opened with the Cologne and Minden Rail-
way Company, which company was charged with
the construction of the line from Oberhausen to the
Dutch frontiers, in order to come to an understanding
on the different points requiring arrangement. The
directors requested to be empowered to conclude an
agreement as to the leasing of that part of the line
between Emenerich and the Dutch frontiers. The
rolling stook for the coal traffic would be provided at
the joint expense of the two companies.
Mr. CHARLES HOLLAND, the chairman, said the
meeting had been convened by the English commis_
series; with the full concuricence of the dircetion in
Holland, in order that ale shareholders in England
might have an opportunity of conferring together
upon the very important and momentous questions
that arise in regard to the Dutch Rhenish Railway,
as they could not have that opportunity in Amster-
dam on the Ist proximo; and he thought the share-
holders would agree with them that it was extremely
desirable they should have a full statement of the
present position of their concerns, and likewise that
they should come to resolutions as to what it was
expedient to do with regard to the future.
Although they were aware that the resolu-
tions this meeting might pass could not be
clothed with any legal official character, there still
could be no doubt, from the united purpose and perfect
harmony which existed between the shareholders in
England, and the directors in Holland, that that re-
sult would have due weight at bead-quarters. And
he was happy to think that that harmony and united
purpose must have a due effect upon the public in
England and Holland, and would give a still greater

guarantee for the full and efficient carrying
out of
whatever resolutions they might determine upon.
Here he might pause for a moment to cast a retrospec-
tive glance at the striking contrast between their pre-
tent position and what it formerly exhibited in Liver-
pool.—(Hear, hear.) On the former occasion there
was nothing which could conduce to their confidence
but now he was happy to say there were all the ele-
ments of success presented to thc;in.—(Flear, hear.)
They now started with public opinion both in Eng-
land and Holland in their favour.—(Hear, hear.)
They now started with treaties made in Holland and
with the Netherlands Government for carrying out
the completion of the line ; and with a credit that ,
would enable them to complete their financial ar-
rangements without appealing to the pockets of the
shareholders.—(Cheers.) All these features were
such as fairly to lead to the conclusion that they
should at least obtain a successful
result with respect
to the Dutch Rhenish Railway. They would ob-
serve that, as to the financial measures, the directors
in Holland had obtained a hill with powers to raise
200,0001. to complete the extension of the junction of
the pre.,ent line. As regarded the completion of the
line from Utrecht to Rotterdam, which would cost
about 400,0001., an arrangement wasmad
made with the
Netherlands Government, by which during the two
years that it was expected to require in construction.?
the Government bound itself to pay a very large sum
of money as interest upon the capital that would be
employed, amounting to about 30 which would
,000/ ,
be paid to them if they chose to raise the funds them-
selves wherewith to complete thatline. The Govern-
ment, however, reserved the optir,t,;
--,,0f itself advancing
that money-400,0001., withoutchrging interest,
and that you should repay them in three years after
the commencement of the works-1855 and 1856.
They had the advantage of the able and friendly
assistance of Mr. Locke, who, at their urgent request,
had sent over a responsible person to Holland to in-
spect the line minutely, and to form surveys
out the fact that they would have as their termini, on
the side of the ocean, the two great ports of Rotter-
dam and Amsterdam, the latter the best port of
Western Europe. In connexion with their future
prospects he might allude to the faot that, even on the
miserable fraction of the 57 miles of line be-
tween Amsterdam and Arnheim, and plans
of the whole works. He wished particularly to point
there was
at present no absence of traffic. Under all its disad-
vantageous circumstances, this 57 miles of line pro-
duced about 35,0001. of annual revenue ; and when
they considered that the expenditure upon it had not
—(Cheers.)
theirx c( exceeded
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Beloe, of Liverpool, secretary to the English depart-
ment, to read the resolutions which were
sub-
mitted for their adoption.
Mr. BELOE read the following ;--.

" That the parties holding the—English proxies at the
ensuing meeting of the shareholders, to be held in Am-
sterdam the Ist of October, be hereby instructed and
empowered to pass the following resolutions:—
" 1. To receive and adopt the report of the direction
to the meeting, and to consent to and support the three
resolutions therein proposed.

" 2. To express the -cordial approbation and concur-
rence of this meeting to the confirmation of the contract
proposed to be made by the direction with Mr. Brassoy
for the completion of the works, and to request the
meeting of commissaries to that effect.
"3. To authorise and request the meeting of corn-
missaries to accord to Mr. Healeden, the English resi-
dent director, an increase of salary of 2001. per annum,
to commence with the present financial year, in con-
sideration of his increased duties and responsibilities.
" 4. That the thanks of the meeting
be given to the
Dutch commissioners for their eo-operation in bringing
the agreement with Government to a successful issue.
"5. That the thanks of the meeting be given to Mr.
B. Donker Curtius, for his able vindication of the rights
of the shareholders to a due control over the affairs of
the company, and generally for his advice and exertions
as president of the direction; and likewise to Mr. C.
W. Hesleden, for his zeal and energy in promoting the
interests of the company, and for the prominent part
taken by him in the various negotiations with the Prus-
sian Government relative to the junction.
" That the following gentlemen be named as trustees
for the purpose mentioned in article 1 of the resolutions
proposed by the direction :—His Excellency Gerrit Count
Schimmelpenninick, Jacob Ran van Gameren, Mr.
Thomas Edwards Moss, Mr. William Allcard, Mr. B.
Donker Curtius, Mr. C. W. Hesleden."
Mr_ Tinsr.npnii submitted a statement of traffic
which he bad compiled, both present and prospective.
From the comparisons and calculadons which be had
made, he had come to the conclusion that the de-
velopment of traffic on the Dutch Rhenish would be
such as to realise about 20i. to 255. per share. This
would not be realised in the beginning, because traffic
was a thing of slow growth.
Mr. LEWIN MOSLEM moved as follows:—That the
cordial thanks of this meeting be presented to the
English commissaries, and to their secretary,
Mr. Henry C. Beloe ; and that a committee consist-
Mr. Joseph
Langton, Mr. Lewin Mozley, and Mr. C. H. Jones,
ing of the following gentlemen, namely,
be appointed to confer with the shareholders as to the
best method of testifying their high sense of the
services rendered to the proprietors by the gentlemen
referred to, who have so long and so ably protected
the interests of the shareholders, and to whose
labours the present improved aspect of the
_af-
fairs of the company may, in a great measure, be
attributed."
Mr. CHRISTOPHER JONES seconded the resolution.
The resolution was then passed, and the pro-
ceedingsthe closed with the usual compliment to
chair.

PROPOSED RAILWAY PROM PLYAIOII3TII TO CRE-
DITON.-0a Saturday last the Mayor of Okehamp-
ton, Mr. J. Carpenter, called a public meeting of the
inhabitants of that borough and its neighbourhood
means of securing a railway for the central a
for the purpose of taking into consideration the best
west parts of Devon. There was a full attendance
and consi-
derable the leading inhabitants of the district,
interest was manifested in the proposed under-
taking. The Mayor took the chair.
the proposed Plymouth and Tavistock The great ob-
ject of the meeting was to obtain the co-operation of
Raihynadynorth-
the north of Devon; thereby affording a
Com-
pany, in order that a junction might be formed with
direct transit through central Devon. The Rev. k
the Tavistoc
Downall attended as a deputation from
Railway Company, and moved the first resolution,
and after
which embodied the object of the meeting,
was carried
being seconded by Mr. a C. milled, it
unanimously. A committee WAS then appointed to
speedy and
the promote the success of the scheme, and
proceed-
ings terminated.

‘hist at this momenta
STOCK WELLAN.O7IIS ANTECEDENTS.
colt was the
..0 winner of the St. Leger this year will be interesting.
He was bred by the late Mr. Theobald at Stock-
' the Baron's son
care whence he takes his name,
of John Lowry, under the
stud °wry, who was dr. Theobald's
brief sketch of the history of
road from Clapham to the City. Before the
0. Brighton; why
the gr°ol4, and who is well known now on
as weaned John Lowry wrote to all the leading
men on the turf offering him for sale, but without
success. Honest John was fervent in his praises
none remained and .
S. D ned to purchase. Mr. J. Arnold
"but
, a 37 offered 100/. for him, but the offer was rejected.
"'ust previous, however, to the Brighton races, John
t Lowry said to Mr. Theobald, " Now, sir, you are going
' but, although many came to see,
colt, and then you will have the satisfaction of seeing
thin' run, even if be don't win?" Mr. Theobald took
0 advice, and the result was that Lord Exeter came
not ask Lord Exeter to buy the
to Stockwell to look at the colt. The noble Marquis ad-
mired him much, and asked John Lowry what he thought
ray lord," said John.
°f him, " Ho's a s lendid colt,
can't
- say; I should, however, advise your Lordship to
whether he'llpturn out a good racer or not, I
have bie,,
The Marquis returned to Mr. Theobald,
belie dvenithaadte'thane
and the bargain was struck; and the new owner of Stock-
well gave John Lowry orders to send him to Burleigh as
John, of course Mr. Theobald what sort of bargain
B°°ll as he was weaned. When Lord Exeter was gone,
, asked
he had
Lowry
I have sold him for 180/,, but, mind, I would not have
his visit thereto, or actinfg
sold him t
-a any one else at that price, so you must say
it was 2501., and you stand 501. to nothing if he wins
Eu
pxoente rt
hhea s
advice
regretted
John
the Derb....” diuthaergouldisgoentleman replied," Why, John,
Y Such is the history of Stockwell, and we
thereof.—Racing Times.

---- -
officer, having
terday afternoon Mr. Wm. Carter, the Surrey coroner, and a
THE LATE FATAL FIRE AT ROTHERHITHE.—Yes-
highIy respectable jury, assembled at the Angel Tavern,
Rotherhithe-wall, for the purpose of inquiring into the cir-
cumstances concerning the respective deaths of Rosina
Ritchie, aged 23, and Jane Brown, aged 27, the two unfortunate
persons who perished in the fire which occurred on Sunday
morning last, at Rotherhithe, particulars of which appeared
in this journal of Monday and Tuesday last. Gardener, the
sfated that neither Mr. Bogg nor the female
injured were present, and that they would not be fit to be
examined for nearly a month, the jury viewed the bodies, sothat their remains might be interred. The inquiry was ad-
journed for a fortnight.
CONCISENESS IN THE COURT OF CHANCERY.--It iS
directed by the new Chancery Act (15 and 16 Victoria, cap.
86), that the bills of complaint are to be " concise" after the
commencement of the Act, and to be divided into numbered
paragraphs,
but not to contain interrogatories.
PROCEEDINGS IN THE COURT OF CHANCERY.
Among the proceedings about to be abolished in the Court
of Chancery are the writs of subpoena and summons upon a
claim.