The Sun.
London, England, 1863-02-26 00:00:00

LONDON AND NORTH-WESTERN.

The adjourned half-yearly meeting of this company was
held yesterday at the Euston station, to receive the result of
the poll on Mr. Wrigley's amendment to the adoption of the
report. Mr. R. Moon, the chairman, presided.
The CHAIRMAN read the report of the scrutineers, from
which it appeared that 115 personal notes were given in
favour of Mr. Wrigley's amendment, representing £439,708
stock and 1,517 votes, and 1,913 proxies, representing
£3,28,750 stock and 16,253 votes, making together in
favour of Mr. Wrigley's amendment 2,028 personal votes
and proxies, representing £3,728,458, and 17,770 votes.
Against,the amendment were recorded 160 personal votes,
representing £946,286 stock and 2,684 votes, and 4,065
proxies, representing £8,578,579 stock and 36,237 votes,
making together, against the amendment, 4,225 personal
votes and proxies, representing £9,524,865 stock and 38,921
votes ; the majority against the amendment being 45 per-
sonal votes and 2,197 proxies, representing £5,796,407
stock and 21,151 votes. The report of the scrutineers ac-
knowledged the valuable assistance they had received from
the officers of the company, without which it would have
been impossible for them to have completed their report in
a satisfactory manner. The scrutineers were Col. Bigge
and Messrs. Gartside, Morgan, Fitzgerald, Goez, and Beloe.
The CHAIRMAN then declared the amendment lost, and
moved that the report of the directors, together with the
statement of accounts, be received and adopted.
Mr. J. P. BROWN-WESTHEAD, M.P., deputy chairman,
seconded the motion.

Mr. E. SMITH, of Sheffield, said he had a resolution to
propose which he thought embodied the material portion of
Mr. 'Wrigley's amendment, and therefore he proposed it as
a peacooffering. He thought they were all pretty well
agreed as to having no more extensions, and he thought the
resolution he was about to propose would sufficiently ex-
press the views of all the proprietors. He did not intend
his motion to be put as an amendment to the report, but as
a substantive motion.
The CHAIRMAN then read Mr. Smith's motion, which
was as follows :—" That while, in the opinion of this meet-
ing, it would not be expedient for the proprietors to deter-
mine that they will refuse their sanction to measures from
time to time necessary for the development of the traffic or
for the due accommodation of the districts occupied by,their
lines, this meeting hereby records its strong objection to
any addition being made to the capital account not abso-
lutely necessary, or to any enlargement of the liabilities of
the company by leasing, guaranteeing, or subsidising com-
peting lines; and this meeting further expresses its desire
and confidence that the policy of the Board will be in con-
formity with these views, and that they will continue to
direct their attention to the efficient, profitable, and econo-
mical development of the vast resources of the undertaking.
Mr. W. RUTSON, of Thirsk, seconded the motion.

The report as amended by the resolution of Mr. Smith
was then unanimously adopted.
A dividend of £2 los. per cent. for the half year ending
the 31st of Dec. last on the consolidated stock of the com-
pany was declared payable on March 3.
The directors were authorised to expend £282,000 for ad-
ditional works to accommodate the traffic, and to carry
£3,739 expended on certain improvements of the permanent
way to capital.

Mr. J Bancroft, Mr. H. C. E. Childers, M.P., Mr. H.
Earle, and Mr. P. Williams, four of the retiring directors,
where then unanimously re-elected.
Mr. GARTSIDE proposed that Mr. J. T. Chance be re-
elected a director of the company.
Mr GOEZ proposed that Mr. Z. Walker be elected a direc-
tor, and Mr. TAYLOR proposed that Mr. G. Sheward be
elected a director. On a show of hands 78 were held up
for Mr. Chance, 71 for Mr. Walker, and 16 for Mr. She-
ward. The chairman announced that the to o former gen-
tlemen were elected.

Mr. TAYLOR, demanded a poll, upon which Mr. Taylor
and Mr. Gartside were appointed scrutineers.
Mr. Crosfield, the retiring auditor, was unanimously re-
elected.

Mr, GARTSIDE said it was his pleasing duty, in the name
of those who held the £3,500,000 stock in the company he
then represented, to move a vote of thanks to the chairman
for the very handsome manner in which he had conducted
the proceedings of those meetings.
The motion was carried unanimously.
The CHAIRMAN acknowledged the compliment, and the
proceedings terminated.