The Sun.
London, England, 1852-09-21 00:00:00

ter
wherenroad the New
atthc western
fromt:rne sxtreireper
extremity of
b usHammer-
smith.hoin
the old Great' Western-road. The coarse of the line is
on a level, requiring the construction of no bridge nor of
mpileimaniosginnv
insignificant
fai
enad n; works,teor andone;
eas isntidau t
Lint
el
do
pnruetl milertr, and a quarter
in length. It passes through open fields, arable, pasture,
de-
struction of a single house or building until it butaane yd
ance
the high road, where a house. Or two of trifling value
would have to be purchased to form the terminus. The
estimate of costs'lnounts` to 15 000/. The lino would
not only open either end of nip metropolis to the large
to command an unlimited supply of cheap
and increasing population of Hammersmith and the
et a nrt hod:
et
hat'.
eea
9-t
surrounding districts,'but would enable the population
and excellent
coal, and afford themitfaeitities in other branches of
business whiCh raay accommodation usually confers.
The directors hay o doubt that the proposed branch
would not only be remunerative in' itself, but would tend
grcatly to increase the traffic on the North and South-
Western Junction Railway, and they had no hesitation,
therefore, in recommending tho shareholders to agree to
its construction.
The CHAIRMAN, in moving the adoption of the report,
said there was a discrepancy in the figures relating to
the cost of the line.t At the half-yearly meeting on the
31st of August last it was stated that the estimated cost
would be 13,0001., and he had every reason to believe
that would be sufficient at present; but, considering that
labour and materials were advancing in price, it was
suggested that 15,0001. should be put down in tl* esti-
mate instead of 13,0001., which he hoped they would
agree to, and with this assurance, that they would not
expend Is. more than was necessary in its construction.
This new capital would have the effect of increasing the
old shares in the proportion of one new share for every
four shares held by the present proprietors. There
would be some over, which would have to be disposed
of by the directors. He concluded by moving a resolu-
tion for the adoption of the report.
Mr. MANGLES seconded thia,m ;on. t,
1h amply queeti6ha it -Otis _ az.:l &though the
distance between certain places by the railway was more
than double that by omnibus, yet there was a consider-
ble saving in time, and the expense was about the same.
Persons would prefer travelling in the railway carriages
totravel
ovedl doubt that
their
a v
persoTnhsewy had'oul ra d
line.
Resolutions were passed authorizing the directors to
app
numberiin
omnibuses.
o
apply in the next session of Parliament for power to
make a branch railway to Hammersmith, and to raise
The report was then adopted.
15,0001. on shares, with the usual borrowing powers;
travellingery
large
end agreeing to offer 1,500 shares of 10/. each to the
proprietors, in the proportion of one new share to every
four shares held by each proprietor.
In reply to Mr. YOUNG, it was stated that the terms of
the contract with Mr. Brassey were being enforced, and
they had no doubt the junction line would be ready for
traffic in about a fortnight. It appeared that consider-
able delay had occurred in the execution of the works
on this line in consequence of a refusal on the part of
the sub-contractors to pay the men 3d. per day more
were willing to give. The line was to have
opened on the Ist of August, but the time was
afterwards extended to the Ist of September, and now
it is not expected to be opened before the end of the first
week in October. The meeting then separated.
than
nn
they