The Sun.
London, England, 1864-06-03 00:00:00

SOUTH EASTERN.

A Wharncliffa meeting of this company was held
yesterday at the Bridge house Hotel, London. bridge;
the Hon. J. Bing in the chair.
Mr. SMILES, the secretary, read the notice con-
vening the meeting to consider nine bills, in corn
pliance with the standing orders of the House of
Lords.

The CHAIRMAN stated that three hills promoted
by them in the present session had been so far sanc-
tioned by the proprietors as to authorise the direc
tors to make applications to Parliament in respect
of them. By the first bill on the list it was pro-
posed to raise a capital of £lBO,OOO, by the second
bill £450,000, and by another bill,since withdrawn,
£230,000 for a line to Eastbourne—together
£860,000. The directors had subsequently been
enabled to enter into arrangements whereby the
capital applied for bad been considerably reduced.
An agreement had been made with the Belgian
Company under which facilities would be afforded
for an efficient service of trains between London
and Eastbourne, via Tunbridge Wells, in connec-
tion with the South Eastern Railway, in considera-
tion of which the company's Eastbourne branch
cad been withdrawn, as well as the proposed junc-
tion line between Croydon and Caterham. An
arrangement had also been made with the Weald
of Kent Company, under which the South Eastern
Company's branch would terminate at Cranbrook,
nd the proposed extension to Tenderden and
Appledore had been withdrawn accordin4ly. Tne
capital required for the construction of the propotwri
new lines of the company would therefore now
•land as follows :—For the branch to Westerham.
£70,000, instead of £lBO,OOO, and for the branches
to Cran brook, and Hythe and Sandgate, £280,0,►0
instead of £4so,ooo—together, £350,000, instead
ot X 630,000 as 01.4;41414 proposed. lie thought
the proprietors would not object to that reduction.
Mr. Toogood (the solicitor) read the heads of
Bill for authorising the Sundt-Eastern Railway
Company to make and maintain an extension
heir railway to W,sterhatn, and to raise further
moneys. It authorised £70,000 in shares, and the
usual borrowing powers for £23,330.
The motion of the Chairman, seconded by Mr.
Thompson, a formal resolution approving the bill,
was then carried.

The next was a Bill for authorising the South
Eastern Railway CompAty to make and maintain
extensions of their railway to Cranbrook, Hy the,
and Sandgate, respectively, and to raise further
moneys, to the amount of £280,000 on shhres and
£93,33) on loan.

After some observations by Mr. C. Child es to
the necessity of having a map of the projects in
the room on such occasions, a format resolution ap
proving the Bill was carried unanimously.
rhe Solicitor read the heads of the next bill tot
authorising tho Charing-cross Railway Company
.0 acquire additional lands et or near Cannon
street station in the city of London, and to raise
further moneys to the amount of £90,000, of wnicb
£65,000 was for the purpose of subscribing towards
the construction of an hotel in the city.
Mr. Apali3 said the £90,000 would not be suffi-
-cient for the purposes of the company, and that
t he directors shonld have applied for powers to raise
£500,000.

Tne
UIIAIRMAN said the dirce'ors thought it
would be considtrtd by the present bills that they
were asking for too much money, instead of too
tittle.

The bill was approved.
On the motion of the CIIAIRmANt formal resolu-
tions approving the following bills, which did not
require any eubscription from the South-Eastern
Company, were agreed to :—A bill to authorize the
construction of a dock, piers, a railway, and other
corks at or near Deal, and a navigable channel
therefrom to Sandwich, all in the county of Kent ;
4 bill for authorizing the extension and maieten-
anee of tramways in the parish of Erith, in Kent ;
a bill to authorize the London, Chatham, and Dover
Railway Company to construct additional works
and 'Acquire additional lands, to alter the works and
powers (connected with or affecting their und,r-
aking) of other companies, bodies, and persons, anti
fo amend the Acts of the company relating to Dover
and to Margate; and a bill to eutitoriz, the con-
struction of a railway from Hartley and Cranbroole
to Tenterden, in the county of Kent.
Mr. WILSON, having expressed the gratification
he felt in consequence of the company having re-
cently establ'shed friendly relations with neigh-
bouring companies, moved a vo.e of thanks to the
chaitman and directors, and the meeting was ad-
journed to the 22d lest., at the same place, for the
consideration of the other bills.

CALCUTTA AND SOU I'ILEASTERN.
The halt-yearly meeting of this company was
neld on Tuesday at the (Slices, Gresham•bouse—Mr.
Borradaile in the chair.
The report stated that the terminus at Port
Canning was still unfinished. Since the opening
of the line vessels aggregating abriut 7,000 tour
ned visited the port, buF it was regretted that
sufficient accommodation had not yet been pro-
vided there. The Municipal Commissioners of
Port Canning were endeavouring to provide a
remedy for this state of things, and pressing the
Government on the subject. With regard to roads
and apnroschee to the different stations they were
in a backward state. The important road for con-
necting the Barripore district with Chappahattee
station would not be completed before the middle of
the year. Until the terminal stations of the rail-
way were put into habitable and serviceable condi-
tion the merits of the lice could not be tested. So
far as the water site and channel were concerned
every day's experience served to prove the hum.-

able fitness of the 'Mullah for a first rate port. The
superior cheapness, safety, and easy access of the
Mutlab, as compared with the Hooghly, was now
be} and dispute. The iron jetty, on which the con-
venience of ve3sels acid the returns of the line in a
great measure depended, was by the last accounts
expected to be completed in June. No exertions
had been spared to reduce the expenditure, and the
various establishments had been brought down to
the lowest point compatible with efficiency and
safety. The sums required for the railway had
been advanced from time to time by the Govern-
ment of India. The capital account showed that
£431,517 had been expended, leaving a balance of
£7,381• The total amount of guaranteed interest
received from the Government to the 31st of De-
cember, 1863, was £63,594. The tr•.ffic rece;pts
for the half year ending the 31st of Dzcenaber last
amounted to £2,494, and the expenditure to £3,0z9.
showing a deficiency of £535.

Oa the motion of the CHAIRMAN, the report was
adGpted ; the retiring directors, Mr Burkinyoung
and Mr. Barber, and the retiring auditors, Mr
Goodchap and Mr. C. W. Johnson, were reelected.
fhe proceedings concluded with a vote of thanks
to the directors.