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

WATERF 0 RD AND KILKENNY.

The half-yearly meeting of this company was
held on Mondon at the London Tavern—Mr. C. R.
Colman in the chair.

The report stated that the balance left, after de-
! duetiu6 working exptiv, amounted Tor the halt-
year ending the 25th of March, 1861, to £4,996.
To the latter was added a halanca of £202 from the
preceding half-year, making £5,198. From this
was deducted £3,615 for interest on loam., leaving
£1,582 available for dividend. Although great
depression of trade existed, the traffic of the line for
the half-year exceeded every previous corresponding
period, excepting that of last year, when 2,526 tons
of rai's were carried for the contractor of the Kil-
kenny Junction Railway. The receipts for the
seven weeks since the 25th of March last were
£2,632 against £2,345, which showed an increase
of £287 as compared with the corresponding seven
weeks of last year. The directors recommended
that a dividend at the rate of 11 per cent. per an-
❑um be paid on the preference stock of the company
for the past half-year, leaving a balance of £lO6,
With respect to the extension railway from Kil-
kenny to Maryborough, and the Parsonstown and
Roscrea Junction, the portion of the line between
Kilkenny and Abbeyleix, a distance of 19 miles,
was now very nearly completed, and upon its open-
ing an addition to the traffic must take place, and
on its construction to Mary borough, being 9 miles
more, it would connect the Waterford and Kil-
kenny line with interior or midland railway system
of Ireland, when a further considerable increase in
the receipts might be fully and confidently ex-
pected.

A long discussion ensued,in which Mr. T. Adams,
Mr. Delahunty, Mr. J. Wyles, Mr. Carden, Mr,
Robinson, and other shareholders took part, respect-
ing the management of the undertaking.

On the motion of the chairman the report was
adopted; a dividend at the rate of 11 per cent, per
annum on the preference shares was declared, pay-
able on the 20th of June; Mr E. Power, Mr. C.
Yenning, Mr. Smithwick, and Mr. Coleman, the
retiring directors, ware re-elected, and also Mr.
Msekesy, the retiring auditor.
Mr. ADAMS proposed that a committee of share-
holders be appointed to receive alas from any com-
pany or person for leasing the line after the 28th
of January, 1866, when the present lease would
expire,

Mr. CARDEN moved an amendment to the effect
that the appointment of a committee be postponed.
The CHAIRMAN, in reply to Mr. J. Wyls, stated
that the English
directors were working harmo-
niously with the Irish directors.
Inc amendment was carried, and the proceedings
concluded with a vote of thanks to the chairman
and diraturs, and especially to Mr. Delahunty for
his valuable serviees.l

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CARMARTHEN AND CARDIGAN.
Capt Tyler, the Government inspector, has been
over this line from Pencader to Llandyssul, and
having expressed satisfaction at the manner in
which the works were completed, it is expected that
the certificate will be granted, and that tnis portion
of the line which passes through an important dis-
trict will soon be opened for traffic.

CAPE TOWN.
The geffic returns on this company's line (57
mites in length) for the month of March last
amounted for passengers to 4'1,933, and for goods
to I:l,36S—total, i 3.301. The receipts for the
preceding month (February) amounted to £1,579 for
passengers, and to £1,021 for goods—total, .1.:2,600.