The Sun.
London, England, 1852-10-02 00:00:00

EVENING,

The half-yearly meeting of this company was held
on Wednesday at Belfast, for the purpose of trans-
acting the usual business, and for considering and de-
termining as to the propriety of applying to Parlia-
ment in the ensuing session for an Act enabling this
company to extend their line of railway from Armagh
to Cavan, or at least to Clones; Mr. Allen in the
chair.

The CHAIRMAN read the report of the directors.
The capital account showed that 713,8561. had been
received and expended. The revenue account for six
months, ended the 31st of August, 1852, showed pas-
senger receipts to consist of 30,093 first-class,
3,190/. ; 89,226 second-class, 6,267/. • 176,422 third-
class, 5,6491., which, less fares refunded to directors,
21/., left 15,0861. ; the receipts from goods, parcels,
&c., amounted to 10,0911., making a total of
25,1771.
_ _

A dividend of 235. per share was then declared,
after which

The CHAIRMAN brought before the meeting the
special report of the directors, recommending an ex-
tension of the railway to Cavan. He spoke at great
length in favour of the project, and concluded by pro-
posing " That the report now read be received and
adopted, and that the meeting appoint a committee of
shareholders, not being directors, for the purpose of
considering the entire subject of the extension, and
to report thereon to a future meeting of the share-
holders, that meeting to be specially convened for the
purpose."

- far. J. 11ArtursoN moved, and Mr. BEATTY se-
conded, an amendment, to the effect that the consi-
deration of the question be adjourned to that day six
months.

A long discussion ensued, and finally, on a division
being taken,
The CHAIRMAN announced the result to be—

__
For the amendment __ .
.. 629
For the original motion 4lO
Majority in favour of amendment --219
The amendment was then formally put to the
meeting, and passed.

LEEDS AND NORTHERN.—It appears that an ar-
rangement has been made by the directors of the
York, Newcastle, and Berwick, and York and North
Midland, and Leeds Northern Railway Companies,
subject to the confirmation of the shareholders of the
three companies. By this arrangement each com-
pany is to take a certain annual per tentage of the net
traffic receipts of the united concern, and divide such
net receipts among the shareholders of the respective
companies. The shareholders of each company will
shortly be called together to consider and determine as
to the arrangement proposed.
THE PROPOSED CENTRAL WALES.—Among the
many proposed lines of railway now before the Welsh
public, the one entitled the North and South Wales
and Cothi Valley Junction seems to be most favour-
ably received. Several large and important public
meetings in favour of this line hare been held of late in
Cardiganshire, the most recent of which took place on
Tuesday last, at the Talbot Hote', Tregaron ; Captain
Powell, of Nanteos, in the chair. The company was
represented by Mr. J. Bush, Mt. R. K. Penson, and
T. Lewis, Esq., Lampeter. Captain Powell having
opened the meeting, Mr. Bush ably advocated the
views of his company. The contemplated line
would pass from Carmarthen, through Cothi Val-
ley, via Lampeter, to Abelystwith, where it
would be met by the projected line from
Shrewsbury to Newtown and Aberystwith. A
communication by this means would also be established,
via Carmarthen, with Bristol; End by means of the
Shrewsbury and Aberyatwith line would connect
Central Wales with the chief manufacturing towns
in England. The plans and estimates of the railway
were then given, and resolution; were passed to the
effect that they were received with entire satisfaction,
that the proposed line afforded the most direct and
enlarged means of transit, and that itoffered important
facilities for the conveyance of the lime and coal of
Carmarthenshire, and the silver and lead mines, rich
mineral, and other produce of Cardiganshire. A
committee was then formed to do all in their power
to advance the' project. A letter from Viscount Sea-
ham was read, promising his most strenuous support,
and stating that 100 shares had been taken in Machyn-
lleth. A great number of shares were then taken,
and cordial support was promised to the undertaking
by Captain Powell and other landowners present.