The Sun.
London, England, 1865-08-31 00:00:00

SEVERN VALLEY.

The half-yearly meeting of this company was held
yesterday at the office in Victoria-street, Westmin-
ster—Mr. Packington in the chair.

The C munmAN'said he had no formal report to
submit. The line was very satisfactorily worked by
the Great Western Company, and the rent was duly
paid. He then moved that a dividend at the rate of
41 per cent. per annum on the preference shares,
and of 4 per cent. on the ordinary stock, be declared.
The resolution was agreed to, and the proceedings
closed with a vote of thanks to the chairman.

COLNE VALLEY AND HALSTEAD.
The half-yearly meeting of this company was held
on Tuesday at Halstead, Mr. J. Brewster in the
chair.

An abstract of the report has appeared in The Sun.
The CHAIRMAN, in moving its adoption, alluded to
the unsuccessful attempt made by the company last
session to obtain a bill for further capital and run-
ning powers ; the former was agreed to, but the
latter was refused, much to the injury of the public
and the poor unfortunate Colne Valley line. He
also referred to the bad accommodation afforded by
the Great Eastern, and contended that the Colne
Valley line had never been fairly utilised ; if it had,
the receipts would have been very much increased.
Mr. PAYNE, a director, seconded the motion for
the adoption of the report.
_ _ _

Mr. CARDLNALL recommended that the line should
be leased to the Great Eastern, who were bound to
take it at 50 per cent. of the receipts.
The CHAIRMAN said the subject had been well
considered by a committee who were managing the
affairs of the company, and it was thought better
not to make the arrangement at present.

The report was adopted, and the proceedings
closed with a vote of thanks to the chairman.

NEWQUAY AND CORNWALL JUNCTION.
The half-yearly meeting was held at St. Austell
on Tuesday, Mr. Martin in the chair.

The CHAIRMAN, in moving the adoption of the
report, referred with much pleasure to the present
position of the company. The works were being car-
ried on in a most spirited manner, and the line would
in all probability be opened some time between
January next and Lady-day. The traffic in clay,
&c., .which they could reasonably expect must re-
turn a satisfactory dividend.
The report was adopted, and the directors were
empowered to negotiate for leasing the line, or
such part or parts of it as might from time to time
open, to any company willing to work the same
on satisfactory terms.

A vote of thanks to the chairman closed the pro-
ceedings.

WEST HARTLEPOOL.

It appears that about 50 shareholders in this com-
pany have expressed their intention to submit for the
consideration of the general m eeting to be held to-day
at the London Tavern that a sum of £6,000 be
voted to the Board as a grateful testimony of the
value they attach to the services the members of it
had rendered to the company. In support of this
the shareholders state that when the present direc-
tors undertook the management of the affairs of
the company the whole available income for the
year 1861 amounted to no more than £14,628,
and that in the year 1861 the income reached
£131,598, chiefly from the exercise of a diligent
supervision of the working expenses of the concern.