The Sun.
London, England, 1864-12-20 00:00:00

RAILWAY INTELLIGENCE.

LONDON, BRIGHTON, AND SOUTH COAST.
A special meeting of this company was held yes.
terday at the London•bridge station ; Air L.
Schuster in the chair.

The Secretary read the notice convening the
meeting.

The CHAIRMAN said his duty would not be very
onerous, as nearly all the measures he had then to
submit had been agreed to at the ordinary general
meeting by the shareholders. The first resolution
he had to propose was that the agreement for the
amalgamation of the Banstead and Epsom Downs
Railway with the London, Brighton, and South
Coast Railway be approved, and that the directors
be authorised to do all that was necessary for carry-
ing the same into effect.
Mr J. SCOTT seconded the motion.
Air C. CHILD wished to know on what terms the
amalgamation was to take place,
Mr FAITHFUL, the solicitor, read the agreement,
which was to the effect that the original agree-
ment, dated July 25, 18G8, be cancelled, and that
from the date of the present agreement the two
companies should be amalgamated, the Brighton
Company paying to the Banstead Company
£,34,127 to be divided among the shareholders, and
the shares to be cancelled.

The resolution was approved and adopted.

The CHAIRMAN then submitted a resolution
authorising the amalgamation of the Horsham and
Guildford Direct Railway Company with the
Brighton Company.
Mr WISHAW seconded the motion,

The Solicitor read the egreernent, from which it
appeared that the undataking of the Horsham
Company was to be vested i❑ the Brighton Com.
pany on the latter paying £65,000, to be divided
among the Horsham and Guildford shareholders,
and the shares to be cancelled.

The resolution was carried unanimously.
Formal resolutions were also passed authorising
the amalgamation of the East Grinstead, Groom-
bridge, and Tunbridge Wells Railway Company
with the London and Brighton Company, -on
payment by the latter to the former company of
£73,2,76, to be di'iided among the shareholders,
upon which the shares were to be cancelled; and
approving the amalgamation of the Brighton, Cck-
fi2ld and Tor Abridge Railway Company with the
London and Brighton Company. The payment of
interest on the 1,905 41 per cent. preference shares
of the former company was to be deferred until the
opening of the line for trAle, and the sum of
£105,184 was to be paid over sod distributed among
the Ucl:field shareholders, end the shares are to be
cancelled.
The meeting, then sep-:rat

BANSTEAD AND EPSOM,BRIGHTON, LICK-
FIELD, AND TONBRIDGE, &c.

Yesterday consecutive meetings of these corn•
panics were held at the London.bridge terminus,
under the presidency of Lard West, Mr Schuster,
and Mr Scott, when resolutions were passed pliant-
mouely, in accordance with the Act of Parliament,
for the amalgamation of these companies with the
London, Brighton, and South Coast Railway Com-
pany, and authorising the directors to do w hatever
might be necessary to carry the agreement into
effect. Under these circumstances the companies
would not convene any further meetings of their
respective proprietors, as all the four uidertakings
would in future be merged in that of the Brighton
Company.