The Sun.
London, England, 1852-09-01 00:00:00

CORNWALL.

The thirteenth half-yearly general meeting of the
proprietors in the above undertaking was held on
Saturday at the Council Chamber in the Town-hall,
Truro, for the purpose of receiving the report, and
upon other business ; the chairman of the company,
Mr. Michael Williams, presiding.
The advertisement calling the meeting having
been read, and the minutes of former meetings
confirmed,
The SECRETARY (Mr. W. H. Bond), read the re-
port, which stated that the directors had availed
themselves of the altered position in which they were
placed by the warrant of the Board of Trade, and the
plan suggested by the directors and confirmed by the
proprietors had been steadily carried out. The num-
ber of shares surrendered to the company in conse-
quence of the resolution by which the proprietors
were permitted to surrender one-fourth of their hold-
ings had been very much less than had been antici-
pated. The appeal made to the county by the chair-
man, assisted by the directors and other gentlemen,
had been most successful, and had resulted in an ex-
tensive and satisfactory list of shareholders in Corn-
wall, and which had enabled the directors to give the
best proof of the value to be attached to the undertaking
by the support they had secured from a respectable local
proprietary. Many of the most considerable holders
of land through which the line will pass have
agreed to take the whole, or a larger portion, of the
value iu shares ; and those who from circumstances
were unable to deal with the company in that way
have instructed their agents to meet the company's
land valuer on equitable terms. Mr. Brunel, the
engineer, having revised his plans for the construction
of the line, has been enabled greatly to improve the
works so as to materially reduce the cost of construc-
tion. The portion of the line between Truro and St.
Austell, on which the works were originally com-
menced, presenting the greatest facilities for the
immediate resumption of operations, the directors
advertised for tenders for about fifteen miles, extending
eastward from the West Cornwall junction near
Truro, and which, after considerable competition,
was, under the advice of Mr. Brunel, given to the
Messrs. Sharp and Son at prices which were within
the estimate of the engineer. The contractors have,
the directors state, entered upon those works, and are
proceeding with them as rapidly as they can bring
their plant upon the line for that purpose. The di-
rectors, having given instructions for the preparation
of all the materials to construct the bridge at Saltash,
contemplate with satisfaction the earliest possible
commencement of all the heavy works on the line.
The resumption of active operations by the com-
pany having rendered it essential that the direc-
tors should have the assistance of a compe-
tent secretary, they have great pleasure in having
been able to secure the valuable assistance of Mr.
Bond, whom they have re-appointed to an office in
which he repeatedly received the thanks of the pro-
prietary, and they recommend that a salary of 3001.
per annum shall be granted him until the line be
opened for traffic. The directors also refer with great
pleasure to the fact that by determined energy the
West Cornwall line has been completed and opened,
but they state that, " useful, however, as this under-
taking is to the western part of Cornwall, it cannot
realise its fullest result until it receive the traffic of
the Cornwall line, and of the general system of rail-
ways to the eastward." The directors, after referring
to the rigid economy pursued, conclude their report
by stating, " that they have every reason to be satis-
fied with the policy which dictated the suspension of
the railway for three years, and have now the high
gratification of seeking its completion under greatly
improved circumstances, and with the fullest expecta-
tion of securing for the shareholders a satisfactory
return for the capital invested."
The statement of accounts appended to the report
showed the total receipts to have been 218,7021.
1 ls. 6d., and the disbursements 205,6021. ls. Bd.,
which left a balance in the hands of the bankers of
13,1001. 9e. 10d.

The CHAIRMAN, in moving that the report of the
directors be adopted and circulated amongst the pro-
prietors, stated that he was glad to announce that the
shareholders' list was now placed on a most responsible
footing, and that the strictest economy in all the
branches of the company's expenditure would be car-
ried out. A great number of shareholders who
formerly held back had come forward and readily
taken up their shares ; but still he had to announce
that the proprietors would be called upon to confirm
the forfeiture of 9,328 shares, standing in the names
of parties who, from bankruptcy, insolvency, and
other causes, were unable to carry them on. He
could also assure them that the undertaking would
now be carried on and prosecuted with energy ; and
that from the low rate at which the first contract
was let, the whole line would be constructed on terms
which would render it a profitable investment. He
concluded by moving the adoption of the report.
A PROPRIETOR seconded the motion, which was
carried nem. con.
Several shareholders then addressed the meeting,
especially in reference to the commencement at an
early period of the works between Falmouth and
Truro, and a great anxiety was manifested for the
energetic prosecution of all the works on the line.
On the motion of the CHAIRMAN, resolutions were
adopted for forfeiting 9,328 shares, and for appointing
Mr. Bond secretary of the company.
Thanks having been voted to the chairman and di-
rectors, the meeting terminated.

BRITISH ELECTRIC TELEGRAPH COMPANY.
Yesterday the annual meeting of this company
was held at the office, Royal Exchange; Mr. J.
Simpson, C.E., in the chair.
Mr. SAWARD, the secretary, read the directors'
report, which stated that since the last annual meet-
ing the company had concluded arrangements, on fair
and mutual terms, for occupying the Leeds Northern,
Stockton and Darlington, Newcastle and Carlisle,
Glasgow and South-Western, and a portion of till)!
Midland Railways, in addition to the Lancashire and
Yorkshire. A complete junction of all the Jells!
.g
commercial, shipping, and manufacturing tors
the north would be effected by the company t t
the
graphs in course of construction, opening
same ana im-
portant time, from Leeds northwards to Paisley,
portant district not previously accommodated.eq
required to Be-
tween Liverpool and Leeds little was
com-
plete the company's lines, exceptingor thtehisstretehtewoirrokns
in those towns and Manchester; er' f
piping was being cast, and theßetween Leeds and
district would be ready
for opening in a few weeks.
Stockton the line had been satisfactorily at work for
Leeds Northern Railway
Company, but it
some time for the
was
thought desirable not
to open to the public so isolated a por-
tion of line until the Lancashire and York-
shire length (from, Leeds to Liverpool) is completed,
and wh,n this was done, the Leeds northern district
would be at once connected therewith. On the
Stockton and Darlington the works were proceeding
, and will be completed by the end of the
w-k. The works on the Newcastle and Carlisle
andec Glasgow and South-Western were proceeding
with expedition. In three or four months time the
company would have in operation this important dis-
trict of telegraph, and coupled with the small cost of
management and construction, expected on it a fair
return. The company had not lost sight of the im-
portance of securing a communication with London

- ----------
along the railways which were the legitimate their
for telegraphs, but in any case had p
Act of Parliamant to open, though at increased €5"
Itl-ense, all public roads and highways, and so comp??
andlBsmiles between Barnsley, the nearest pool
London. The Bill of the company in last F.es3iou
bad been opposed on standing orders in the Corattoe'
carried on the second reading by a majority 'l5 :
nwer under their
and approved by a Select Committee after a 14 dge
ordeal of an unusually rancorous opposition but wag
read a third time, and passed that branch of the Le'
gislature. At this juncture a standing order of the
House of Lords, which had not been in operation
the
.ci
for 20 years previous, requiring three-fourths 0f
whole capital of certain companies to be Peld,
on t" into the Bank of England before the first resue
ing in the Lords, was _brought to bear up
mob teci
bill, and which, if insisted upon, had as Il
ference to every railway, gas or water COOlpanY' ;e,
would effectually have crushed all public enterPrl c,
Thus upon a mere obsolete technicality a 13111,89.04,
tinned to an unprecedented degree by public oPolior
approved by the House of Commons, and 110°g od
its object the accommodation of the niercantile,3ion
commercial community, was rejected, and a Cl4l re•
arrived at after fourteen days' investigation wascor
versed in balf-an-hour noon a point utterly 1113 f ibe
nected with the merits or public importance 0,3
of
Bill. Since its rejection memorials from all p?rri` to
the country had been forwarded for presentatio.
ibe
the Prime Minister, praying for a revision of to
standing order, and the directors had every reason
the gill
believe that a re-application next ses-ion fo,
in the identical form sanctioned by the Houser
of w
mons would be attended with success. f La the
The balance-sheet showed a total receipt, J.° an
commencement of the undertaking-, of `20,645`'; lost,
an expenditure of 20,0061. up to the 30th of Jll„°:,f 61.
since which period the secretary stated a Ca" "
per share had been made and paid. .:°1) of the
The CHAIRMAN then moved the Adqw agUt
report, which was seconded by Mr. G 0.011413
and carried. i c CPI
Fn the motion of Mr. PEARSON, M
P.;r. J. psen
bold, M.P., Mr. T. Webster, and Mr. J.
~—ditat
.
The
directors, and Mr. Davidson, u'osay
CHAIRMAN said that, although the c°f°lllaci
had encountered up-hill work, he considered thltbern
been successful, at all events so far as their o?rth the
lines. were concerned. Their arrangements Wirotea
railways were mutual. The British CompanYt.g'oter
h the railways telegraphic facilities, and, 0a t'enc, free
and, the railways granted the British CoEol3saing
passes along their lines, and every facility °r robia
and maintaining their works. The minor telege oil.
stations were worked by the railway clerks/ ti.be pri'
way companies handing over the proceeds to the loge
tish Company, who, without having exPencle„e, Pit/
sums in patents and other preliminary exPe.%-f 031
established their present system at a theirnusi"-iu'
17,0001. Their works were substantial, sou utien"
sulation the most approved, and they wet% were
cumbered with the non-paying stations. 1112 ea it
very anxious to get a line into London; bu" —lliete'
a very difficult thing to deal with all
tend is dos
rests. They hoped to accomplish that o°,ooo
t 0
00urse of next year, and send messages fro 3 Loa
distant points, reaching Glasgow, and even g
IrTelhaanodk. s
were
given to the chairman and direct°rl
and the meeting broke up.

announced 'rhe
in the Cork
CORK AND WATERFORD•
half-yearlyto,.,., rietoll
a general meeting of the P"Priv 0
and Waterford Railway Cue3l3B, Dela'
of shareholders' not being
take place
Thay •e,
street,
is ayesterday,p present,
e s e
iattv:3:itimobetto
ee estrninster ; but the requisite ..l'ourned,
have been presented b
copy of the report, wbic' 15
Since the l y the directors PO,
_hods! vointh_,a branchast htoal:
been made
ofby reT.ctabls parties for the constraryour
that partthe lice which lies between Cork f!ll.te pro'
yearly. meeting, ()vertu'
..,iOO ot
it° .:, I s yet been received as to the tercas uP° id sll'
think ta portion of the line should be made. 5130,,, infer
ueenstown, but no deneinvoich
be proposed which may lead the direeterB w -eta
w e_phrr,obability f
iati
sear
ir steehaei tuee
ensuing
,tpsorrueo.Tisbneragnab tuasiiptioort
ryi
spring,"
expressah.: the e
tla
°- anY practical results,
eljuislion, summoned before the directors arrive at Bilf„ros•
upon the subject.
the present position of affairs. No r_r there
the
every
of work being cora alelle r,
—...........
It would
Ye: Pi
Cio
a:3::::::::Peit:::: isawliblic:ticei ::°°11315

RAILWAY SHARE SHARE AIARKWI'''
BRISTOL, AUG. ,?I.day'
ag no.
STOCK EXCHANGE. The share marmet was go
esoo w
Bristol and Exeters were done at 10,11/2--Great W"
LIVERPOOL, AUG. 31' ..+.(l all iliin:
STOCK ExcHANGE.—The share market prese.-- d $ te.-
Proved appearance to-day, and prices generally had tern
rll or :"" ar3
dency upward. The transactions were as folio hire ,
Counties, 11% c.—East Lancashire, 18N--Laucasii
.;,,Ter,",/
Yorkshire, 84—Ditto, Fifths, 3.5/8 dis.—Londen,iv);;re 139,",
Western, 122—Manchester, Sheffield, and Lincolo'. ipw'
—Ditto, Preference, 11 —Midland, 76—St. liele,rf-oetiii
way and Canal), New Preference, 6 per cent., .''.:3.oi"
Eastern and Dover, 211/2 c.—Belfast and Ballgle,11;4' die'
York and North Midland, 24y2—Dutch Rheas' 13, 4.- f
t of
MANCHESTER, AUG. 31. oon re
STOCK EXCHANGE.—There was a tolerable roes ii,e,
business done in the share market to-day, but PCoarit' g'
lower. The transactions were as follow :—Eotero d 17°r11:
11 1-16—East Lancashire, 18 3-16—Lancashire pd
shire, 83 V 2 —Ditto, Fifths, 334 dis. —Manchester, '....pitl
and Lincolnshire, 25 —Ditto, Preference, I .1'4,1/,tero °11.,,
New Preference, 7.16 p.—Midland, 76—South-t'ar'ewsbur:,
Dover, 211/2—North Staffordshire, 454 dii.--5130/ di,4'„,
and Chester, 21 dis —Oswestry and Chester, i'74,j P'''
ali
London and North-Western,. 123—Manchester
mingham (C), Quarters, 1 15-16 p.

SEABORNE

[lf signifies that the mails are sent front
by the night—and M by the morning—disPi

:LS.
the ‘A etAI
itcll.7,—::'

When made up in From Eiji. 0,-
.•
PLACER, GeneralPost-olt cc patch'......../
London: I _........--
----- se Pt' 1--- •. o
llk 31
America (by Brit. pkt.)N Sept. 3 ;; .. LiverP°° .. .5-'4, 9
Al naerica (by U.S. pkt.) N Sept. 10 ~ .. LivelTeG„t. OP
A merlca (by U.S. pkt.) M Sept. 17 .. .. Solltbagii
Sept' 24
Australia (via South- 1 i „mot. tt 9,,
ampton) .. .. .. south.— Iper: 2,
Ditto (vl a Marseilles) N .. • • " ' Dover ~, . ;sell',
Ditto, vi(drlvaiCae.s.to.f7G.as..
Attica
~..„,, out Qat,
.11t):..P.. e
NNITr
1194. ihh
&o.f.3tohteh-rici.folitoh. Plil -1070.°::':: i),17:111:
Belgium .•, .. .. N Daily .. .. IDover i Sept, 1%
33Buraeznilos Ayres. ::
California(viaCharet")
.. M 9th of the month ,Soatlista t. iSeP 59
M 9th of the month ,Southarolp',SeP.. 16
M 2d & 17th of month Southall. !Ai& 0
Cape of Good Hope N 14th of the month P1yr0ut0,..1,% 30
Cape de Verde ~ .. N2d of the month .• IFiymoti Ail: i ,
Constantinople* .... N 7th 17th 27th of mo ,Dover toi:IS,P O,SP
Central America .. M2d & 17th of mon. I Sollt,lia,npt. IV. t. I•.uf
Channel Isles .. .. N Mon., We
Solltnt-„t,S_,eP cow-
Chili .. .. .. .M2d & 17th Of rant!
DSTlvtier...• (Sept,c,. 6a!,,,,,
France ~. .. Mk N Twice daily ..
Greece. .. .. .. N 7th 17th 27th of mo Dover •'V
I'll'''
Hambargh •
.. .. N Tuesday & Friday ILond,onn
••' et:l
~if
Holland Wednes. & Satur.;lion"° mpt. ,rice,l:""
&Atha 1 0
Honduras .. .. . N 17th of the month' ead•
volyb SeP 19
Ireland .. - Mg; N Twice daily .• .• - auipt t
South SeP '0
India (via Sonthamp.) M 20th of the month to .. ug.
t,
India (via Marseilles) N stIA 24th ••fmouthlrnouth •• Aug. %•
India, via C. of G. Hope N 15th of month IF," - uth •- '"
}on° I 25
Mauritius .. .. - N 15th of month - Allg'
Mediterranean (via Isoutwipt.
Southampton) •• M 20th of the month
Mediterranean (via , 1.
Marseilles) .. .. N Bth& 240 of month!Do!.tranipt. Pt. 11
Mexico .. .. .. M2d of the month .• S°:iiauipt• !6e 19;
Madeira .. .. .. M 9th of tae month $
°' _ 1880'
Malta* .. .. 1 7th,l7th,l9th,27thi 1 Dover Isept. 9
& 30th of month D
over
" figept. ,1
Naples. .. .. .. Nisth 15th 25th ofrao -..,- 4 .. I` pt• "
Papal States. .. .. N sth 15th 25th
mofinilt:;,:::tiraMP.:•:eeepnit.. :
Peninsula .. .. .. Ml7th 17th 27thef raolZ'Aboopt.
170 ;4, 1
Peru • • .. .. .. AI 2d & 17th 01
Tuscany* .. .. .. .N sth 15. h 25th auto c,„'" lio:IP-1
West Indies .. .. M 17th of the month ''' A9l
t.i
West Indies (except . Soutbal coll'OY.--
Havanna & Nassau) Mld of the month • (*) At
- —ark

Fromm Wh
port d
patclf:.;

--ifl2°
doe'

Naples* N
Papal States* N
Peninsula .. M
Peru . ..
Tuscany* N
West Indies
West Indies (except
Havanna & Nassau) M
* The malls to those e
French packet via Marsei

Ild of the month
lountries OW; mar'
illeP.

a
tbhe
ee been
Bishopm adetg have,fernen . • ,
NEW COLONIAL Arriin gatoltla
BISHOPRIC """un rie in the i .0 of
ofofrit,ohnedofonr.matihoen ofo2l bis.:Pti i
which is at present under the eccleslas" thecrroagation L?!
T S eiety for
1000/. tower
the Gospel in F • tributed „
Foreign Parts hag COD
the formation f find
of the new see. a &Olen' loift
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Pills have cured a Tumour in the Neek•---1-`°Tii health le)
residing on the Welsh Back, Bristol, had bee ninth _ neck; P_,
sdictio ,
years, and always complained of a soreness u ~sucee
was seen by several medical gentlemen, but no er`.,,,, ti 133,..
ful in affording him the least relief, however, after.srbe out
a large tumour formed under his left ear, from whlc,uhotit op;
fered intensely, and tried remedy after remedy, Wlto,ninien,
taming any benefit, until he made use of Holloway 'o , ltbe
pt
and Pills, and these wonderful medicines soon reduCeu._,4eP
mour, and eff
ectually cured it, and he is now in the Al Err
of the most robust health.— Sold by all Druggists anda
fessor Hollovvay's Establishment, 244, Strand, Lon
____------