The Sun.
London, England, 1839-03-02 00:00:00

trust that they shall be relieved from the
,Ki 7.
I ance of an obnoxious duty, by the 4.1 et*
•• .
cheerful comP i
ance of the Proprietors n a ca.
the conditions or their engagement.
Since the last meeting the call of 2/. los. ' •:ijz
has been paid err 870 shares, and Si. per share ‘,14'4 ')
deposit, and call on 192 shares since subscribed for:
number of shares on which the call remains unpitld-lisl.
2,909, and the number y,lt to be subscribed for to complete
the subscription of 7,000 ,%hares is 508 shares.
The Directors feel that so ,soon as they shall hare re..
ceived the Report from the consu2ting engineers, the dime
for the most energetic prosecution E.! their duties will have
arrived.
"That great work, the LONDON AN: SOUTHAMPTON
RAILWAY, has so far progressed that 58 out of 77 miles are
nearly completed, and the opinion is now general that
Southampton will become a great commercial i'ort, and
the claims of steam navigation upon the Company demand !,
immediate attention.

Sensible of the obligations which devolve upon them,
and especially the claims of that portion of the Proprietary
who have enabled them to bring the affairs of the Company
jo Ltieir precut desirable state, the Directors trust that at
their periodical meeting they shall have the gratifica-
tification
report satisfactory progress, and they are not
without the ex-
neetatioi;of their having it in their power
to show that an e.lrly reft:rn may be anticipated from seine
part of the works.
It may be added, as a mate. 'r of much interest to the
Company, that Southampton ha.l the advantage of high
water twice, under the following circt.:mstances :—The flood
tide, running up the English Channe: from she westward
in its full force, fills the river, and causo tbo first high
water; the ebb tide then makes, and the vvaLer falls a
little ; at a quarter ebb in the Channel, and when acquir-
ing its full force in shore, it passes between the IL'le of
Wight and the main, meets the tide receding from the
river, and forcing back the water, causes a second high
water, sometimes higher than the first, at other times lower,
as the stare of the wind may be. The time between the
top of the first high water and the top of the second varies
between two and three hours, and may fairly be considered
as giving Southampton upon an average about two hours
and a half high water beyond the usual period, or in effect
eight hours and a half flood tide to three hours and a half
ebb tide, a vast advantage in docking and undocking
ships, and in the cranage of goods at the open quays and
wharfs of the tidal docks and on the Itchen.
JOSEPH LIGGINS, Chairman.
Southampton Dock Office, London, Feb. 28, 1839.

ABSTRACT OF RECEIPTS AND PAYMENTS.

lIECEIPTS.

li.posits on 5,921 Shores at 2/. !Os. per X. s. d.
share 14,802 10 0
i'Lrst Call on 3,509 Shares at 21. 10.:. per
shar.:. 8,772 10 0
Interest on `mils 36 3 9
Interest and pri,.fit on Exchequer Bills 270 6 6
Interest ev .I, 1 2 10

PAYMENTS.
La w &Engineers' Charges,
Parliamentary and other
xpenses incident to the
establishmentof the Com-
pany . 5,900 19 5
Office expenses, Secretary,
Clerks, postage, Adver-
tising Agency and Mis-

cellaneoi;s disbursements 1,818 5 4
Stationery and Printing.... 303 9 1
Law charges ... 621 7 3
Travelling Expenses 403 10 2
Allowance to Directors 867 2 6
Engineering 1,030 9 5
The Corporation of South- •

ampton for the Deck Land 5,000 0 0
For the interest of several

persons in certain Oyster
coves. situate on the
Dock Land .... 100 0 0
For the Leasehold Interest
of the late William Lin-
tott, ia the Dock Land. 400 0 0
Fitzroy Blachford, Esq.,
first and second instal-
ment, payable under an
agreement, dated Dec.
1, 1836, for the pur-
chase of stone in the Os-
borne Quarry
The Contractor on account
of work done and mate-

£23,882 13 1

rials supplied... 1,500 0 0
Interest on Capital 238 13 11

£19,017 3 9
Invested in Exchequer
Bills ....-£3,000 0 0
Cost... 3,075 0 0
Balance.. 1,790 9 4

4,865 9 4

23,882 13 1

The CHAIRMAN addressed the meeting at some length,
pointing out the progress that had been made in the works,
and the great advantages which the undeletaktng held out
to the Proprietors.
The following are the resolutions agreed to :
Resolved—That the Report of the Directors, as now
read, be received, and that it be printed and circulated
among the Proprieters.
Resolved—That the Directors be requested to call a
Special General meeting as soon as possible, to receive the
communication of the Report of the Engineers appointed
to examine the plans submitted to them for the construe.
tion of the Southampton Docks.
Resolved—That Joseph Bushby, Henry Luard, and
William Christie, Esqs., be elected Directors of this Com-
pany.
Resolved—On the motion of Henry Luard, Esq., se-
conded by John Copland, Esq., that the cordial thanks of
' this Meeting be presented to Richard Heathficld, Esq., on
his retirement from the office of Director, for the great de-
votion of his time aid attention in framing the provisions
and maturing the arrangements by which the Bill of In-
corporation of the Southampton Dock Company was sue.
cessfully carried through. Parliament ; for the ability, zeal,
and persevering labour which have been so unremittingly
bestowed by him in the promotion of the best interests of
the Company, whereby the undertaking has been firmly
established as a great work of national utility and pre-emi-
nently entitled to public support.
Resolved—On the motion of Wm. H. Pepys, Esq
condel by John Ball, Esq. that the thanks et the. Pr-
oprietors Le given to the Directors for their indefatig.abk
ex-
ertions and great attention to the affairs of the Company.