The Sun.
London, England, 1852-08-27 00:00:00

clacidodly opposed to the measure it was only A fla 141
interested persons who were in favour of it.
The secretary of the company, Mr. J. 13. BADHAM,
begged to confirm what hart fallen from Mr. Ingles-
field. It was only a few of the South-Western share-
holders who advocated the views of Mr. Locke and
Mr. Chaplin. No doubt, however, they were sincere
in the determination to do everything in their power
to promote the se-hen:ie. After the meeting he (Mr.
Badhare) had a conversation with some of the prtn-
cipal authorities, and ho suggested that, suppcsiog
the Bristol and Exeter and the Great Western Com-
pany were willing to enter into a solemn agreement
that if the South-Western Company did nothing they
would not, would they come into such an arrange-
ment ? Mr. Chaplin said he would not, and his
reason was that, however faithfel and worthy of con-
fidence gentlemen might be in their individual caps-
s, he had no confidence in boards.—(Laughter.)
The resolution was then put and carried.
The proceedings terminat,' d in a vote of thanks to
the directors and the chair Gian.

NORTii-Siiii;Srl'EßN.

The half-yearly meeting of this company was held
at Morecambe cn Tuesday, Mr. P. Dawson iii the
chair.
The SECRETARY read the report for the half-year
ending the 30th of June, 1852. The payments on
capital account amounted to 66;949/. During the L3at
half-year the second iiue of rails has bc-en deli! d)a n
for a distance of four miles, and opened to the public
on the Ist of June. Arrangements have been made
for the completion of the second line ligaveen Bell
Busk and the junction of Skipton, and this work will
be finished before the end of the present year. The
traffic receipts for the half-year amount to 16,7981.,
against 13,3361. for the corretponding period of 1851,
and the expenses incurred in working, maintaining,
and managing the line for the same period are
12,903/., leavin only a balance of 3,8951. applicable
to the payment of interest on debenture debt and
preference shares capital, which is insufficitnt for
that purpose by the sum of 3,1681. The agreement
between the Midland and North-Western Companies
for the working of the North-Western line for a period
of 14 years, from the Ist-of June, 1852, has been
sealed with the common seal of the two companies,
and the Midland Company
commenced working the
line on that date. A valuation of the engines, •car-
riages, and other working stock has been made, and
the whole have been handed over to the Midland
Company. The valuation amounts to 35,9581., and
this sum will go in reauction of the capital account.
The directors feel satisfied that the contract will
prove mutually advantageous to the shareholders of
fboort ht
hceo m
trafficpan
tw
itsbeSeteenam packets have been provided
Morecambe and Pie], and sa-
tisfactory arrangements have been entered into with
the Midland Company for working the same. The
shipping traffic at Morecambe continues to increase
both in character and quantity. The directors are
using their best endeavours to establish a private
company for the providing and working a line of
screw steamers between Morecambe and the Clyde.
The directors are enabled to borrow money on the
security of the company's debentures for three, five,
or seven years, at the rate of 3k per cent. per annum.
The CHAIRMAN moved that the report be received
an
judr. adopted.ALeo
CIE said that the Midland Company were
' satisfied that the receipts of the line would be above
15,0001.; that they had no hesitation in guaranteeing
that sum. The receipts for the half-year ending 30th
of June was 16,7981.;0ap if the receipts were under
account of the company
would be debited with
htohuend to thegitail balance.
thaeamnceh.alf The
the receipts;
leso,moopoa In. y thenwere
preference
the thatthe amount
M oid 1 and
but it appeared clear to all parties
would be more than the interest upon
shares and the debentures, but if it should ile e e
not very likely, that the receipts were le'sasatan
was
15,0001., then they would be debtors to the Midland
Company for that amount. He thought they might
with confidence look for 18,0001. annually as their
half of the receipts, while the interest on the deben-
tures and the preference shares would not be more
than 14,0001.
Mr. ALCOCK seconded the adoption of the report,
which was carried with only two dissentients.
A vote of thanks to the Chairman concluded the
proceedings.

CITY ANTIQUITIES.
For the last two months excavations for foundations
of buildings have been making on Tower-hill, close to
the fragment of the old city wall, which was given up by
the corporation some few years since to be pulled down,
but which, owing to the interposition of the Woods and
Forests, has been respited up to the present day. This
fragment, in the almost entire absence of any other re-
mains of the great wall which once surrounded the city,
is well worth preserving; the upper part is probably not
older than the time of Henry 111., but the lower is
Remit) work. The excavations alluded to above revealed
some of the original Roman masonry, which heel been
concealed by houses and other buildings. It was in ex-
cellent preservation, the few stores quite perfect, and the
rows of red tiles (each as are usually found in Roman
walls) remained to the extent of two or three
layers. Close to this portion of the wail, and piled
up to a considerable height, was a ma.s of cut and
sculptured stone::, which at some remote period had
Formed ono or more buildings of magnitude such
as abound in Roman London. Some of these had
been foundation stones, others had been portions of
cornice; pilasters end columns, end one was the half of
a millstone in Andernach lava. The most attractive of
these atom s (for it appears the trustees of the British
Museum have been induced to accept it) bad originally
formed part of a composition of very elegant design. It
is five feet in length, and at one end is sculptured to re-
present a roll of foliage, bound round in the middle by a
band and strings. The other stones are carried off to be
used, it is feared, for building materials, like many si-
milar remains found in the city in past years. The want
of opportunities for their proper examination is to be
lamented, as one
of the larger flat slabs (upwards of five
feet in length) is inscribed with letters, some of which
are nine inches in length; they belong to a sepulchral
inscription, of which
i only three lines (two of them incom-
plete) remain. It s extremely probable that at least
other portions of the inscription are upon some of the
tones found with this inscribed one, but, as they are now
carried away from Tower-hill, there is but little hope of
their being examined. With respect to the wall, it will
certainly
is being
preserved, for, like the Mint wall at
Lin-
coln, it being enclosed, and in the course of a few
days or weeks will form the side wall of stables.

SEABORNE MAILS.
[N signifies that the mails aro sent frog the General PoSt-ofne
by the night—ad Mby the morning—dispatch.]

Whoa
duo.

Isept. 2
lAug. 31
,u`. 26