The Sun.
London, England, 1852-08-23 00:00:00

SOUTH DEVON.

amongst the proprietors previous
t
circulatedyearl y meeting to be held
The report (of which the following is an abstract)
hasoex
on Tuesday
" The half-yearly accounts show an aggregate amount
ntthbEnha lf-
of passengers and goods traffic exceeding that of the
corresponding half of last year. The increase in the
goods traffic has been greater than at any previous time.
The fish traffic alone, consequent upon an unfavourable
season, has yielded much less than in former years. Tho
total receipts have been 46,437/. 2s. 5d.; the expendi-
ture amounts to 25,1691. 10s. 4d.; and the net balance is
21,2671. 12a. Id.; showing an increase of nearly 15 per
cent. in favour of this half-year. The disposable ba-
lance amounts to 8,9541. Is. 53., and after reserving
2;9721. 16s. 2d. as the fixed dividend due on half shares,
and of 166/. 12s. 6d. as the dividend upon the new shares,
a dividend of 4s. per sharp on the 50/. shares, which the
directors recommend, would leave a surplus of 1,8241.
13a. 9d. The directors have received applications for
the debenture stock, of which they have accepted suffi-
cient to provide for the debentures duo on the 15th
July last, and to admit of prospective arrangements
for meeting those payable in January and July
of next year. Availing themselves of th© state
of the money market, they have declined deben-
tures at a:2y higher interest then 3i per cent. The
works of the Plymouth Great Western Docks have
been resumed, and arc advancing. The original subscrip-
tem of this company to the Cornwall Railway amounted
to 150,0001., and 22,500/. were paid upon calls, leaving a
further liability of 127,5001. To lessen this the direc-
tors concurred in an application to reduce the capital of
the Cornwall Railway Company, and abandon certain
takenofpart of the company's subscrip-
measures for disposing of a
portions of the undertaking; and they have since agreed
ptt
iooorllati t
relinquishment ion
f theqhueiys remaining
Enevnea C
ining
shares, and these arrangements
will have reduced the liability from 127,5001. to 44,0621.
103.; of which the sum of 3,3751. is debited in their
account. The company will thus hold 2,620 shares of
201. each, instead of 6,000 of 251. Resolutions will be
submitted to the meeting to confirm those arrangements
for limiting the liability of the company, and to enable
the directors to provide for further calls as they occur,
by raising money on the security of the shares, under
the special powers to that effect contained in the Cora-
wall Railway Act. The directors have concurred in the
arrangements for proceeding with the Cornwall Railway.
The revival of the scheme for making a railway from
Tavistock in connexion with the South Devon Railway,
has engaged the attention of the directors. The pro-
visional committee of the South Devon and Tavistock
Railway Company have proposed to raise the required
capital, and, to maintain the connexiou with this
rofits afterward in
com-
pany, to lease the line in perpetuity. The directors
have agreed, subject to the approval of the shareholders,
to take the lease at 5,000/. per annum, and two-thirds
of the surplus profits for the first two years, and s
at
6,0001., and a like proportion of p ,
perpetuity."

LEEDS AND BRADFORD.
This railway, which some years ago passed under
the control of the Midland Company, has now held
its final half-yearly meeting. The shareholders as-
sembled on Friday, Mr. J. Waddingham in the chair,
for the last time. The report, and the dividend of
21. 10s. per share, less income-tax, payable on the
24th August, were unanimously agreed to. Mr.
Ripley was appointed auditor. We give a summary
of the report :
" In pursuance of the Act passed last year, authorizing
the Midland Comp y alvacquire this company's estate
alt,
and interest in the - eeds and Bradford Railway, the
Midland Company ha e given notice that they will pay
the 1,800,0001. commutation-money on 4th October next.
The Miland Company have created 18,000 shares of
100/. each, called 'Midland Bradford Shares,' bearing a
dividend of 41. los. per share per annum for the first five
years, and 41. per share afterwards. They have offered
to each proprietor in this company, in exchange for his
Leeds and Bradford shares, an equivalent number of
Midland Bradford shares. On payment of the commu-
tation-money on the 4th October, this company will be
practically dissolved, and their mostgage debt and other
liabilities will become the debts of the Midland company."
The usual vote of thanks was given to the chair-
man, and the meeting broke up.

CHESTER AND HOLYHEAD.
The statement of the accounts of this company for
the half-year ending 30th June last have been issued.
The authorised capital, it appears, is 4,339,332/. ;
3,255,0001. to be raised by shares, and 1,084,3321.
upon debentures. The receipts upon the capital ac-
count are as follows:-Upon 51. shares, 2,068,4371.
105.; upon 151. preference shares, 629,980/. ; upon
91. 12s. 6d. preference shares, 146,101/. ; upon 2/.
123. 6d. preference shares, 50,9851. 17s. 6d. By
loans, 1,084,3321.; calls overpaid, 5001.; advances
and surplus lands, &c., 188,0001., making the total
capital raised, up to the 30th June last, 4,168,336/.
7s. 6d., upon which there is a balance remaining over
the expenditure, which is 4,144,9801. ss. 7d., of
23,356/. ls. 11d. The revenue accounts show the re-
ceipts of the last half-year to have been by traffic,
50,896/. 16s. 4d. ; by mails, 14,9851. 105. 9d.; by
tolls and rents, 1,434/. Bs. 41-making the total re-
ceipts by the railway, 67,3161, 15s. 5d., leaving a
lr,lance of 27,897/. 145. Bd. in favour of the railways
over the expenditure, which amounted to 39,4191.
o'. 91 The receipts from the steam-boats were
6,812/. 105. 3d., and the expenditure 6,8331. 13s. 81,
leaving a balance against the steam-boats, of 211.
34. si. Interest on debentures to 10th July, 1852,
25,8281. 93. 11d.; balance carried forward, 2,048/.
ls. 4d.; balance of traffic and revenue account to 31st
December, 1851, 24,5371, less half-year's dividend of
84. 3d. per share on preference, &c., amounting to
18,6331. Bs. 7d., which leaves 5,8031. 16s. 7d. ; ba-
lance of revenues account, 2,0481. Is. 41, making the
amount available for dividend on preference shares,
7,9541. 17s. 11d.

BRITISH ARCH2ELOGICAL ASSO-

CIATION.

In consequence of the decease of the Duke of Hamil-
ton, the father-in-law to the Duke of Newcastle, this
melancholy event iprecludesi the noble President of the
Aramlogical Association from continuing his attend-
ance at the congress. The Noble Duke left Newark for
Clamber House soon after the news was received, and his
place in connexion with the business of the society will
be supplied by Mr. Heywood, M.P., who was formerly
president.
At ten o'clock on Thursday morning the members of
the association, accompanied by Mr. Heywood. M.P.,
left Newark by special train for Lincoln, where they
were afforded an opportunity of viewing the numerous
antiquarian remains for which the city of Lincoln is re-
markable.
On leaving the castle, which was one of the strong-
holds founded by William the Conqueror, the visitors
divided—Mr. Heywood, M.P., Mr. Oliveira, M.P., and
a number of the party proceeding to the residence of
the Archdeacon, who had kindly provided luncheon;
while the remainder, at the invitation of the Mayor, re-
paired to the Town-hall, where they were entertained
with great hospitality by his worship and the corpora-
tion. At six o'clock the party returned to Newark by
special train.
ytheWickes,
Re
vJ. Er Mr.
Di
m Heywoode kg
giving
ns g
In the evening a meeting of the members of the asso-
ciation was held at the Town-hall, Mr. Heywood pre.
siding, when papers "On the siege pieces struck at
read
MrNewark," and "On the churches of Nottinghamshire
and Lincolnshire," were read by Mr. W. D. Haggard
Fe.
aSd. A a
paper , and
prepared ,
a history of the collegiate church of Southwell.
On Friday morning the members of the society visited
the old church of Newark, which is dedicated to St.
Mary Magdalen, and is considered one of the finest
parish churches in the kingdom.
C.
The castle, the outer walls of which
are in very per-
fect condition, was next visited.

_
The members of the association then proceeded to
Southwell to view the collegiate church.

ROYAL ARTILLERY.—WOOLWICH AUGUST 21.--
Captain Fitzgerald's company, sth battLion, under orders
to proceed to Gibraltar, to relieve Captain Philpott's con!:
pany, 9tli,battalion, at that station since September, 18pr
and Captain Goodenough's company, 4th battalion,
.1,1,°_,,1s
orders to proceed to Malta, to relieve Captain Ilan1"'"
company, Bth battalion, at that station since JanuartheY, !tBb4e7;
with large detachments of the corps to fill up
and Malta
companies, whose periods of service at Gibraltar °
_„no. pa_
have not yet ezpried, assembled on the guard
rade on Friday afternoon in heavy marching
o'clock P.M. were inspected by Colonel E. C•
wag accom-
C.8.K.H., commandant of the garrison, iv Brigade-Major
panied by Lieutenant-Colonel Anderson,
f the 4th and sth
Bingham, and the commanding officers
;de a minute inspec-
battalions. The gallant commandant m
and they appeared a
tion of the men and their appointments,
of the comps es and de-
fine body of men. The baggegB •
Resistance troop-ship to-
tachments were put on board the
dockyard on Monday
[
day, and they will embark
moaning for 4 Now to Gibraltar at the _
.Itar ana Malta.
,?mrdevirha:iind;aattes3,