The Sun.
London, England, 1865-02-21 00:00:00

NORTH-WES TERN.

The half-yearly meeting of this company was held yes-
terday at Leeds—Major Hare, the deputy-chairman, pre-
skied.

The report of the directors recommended a dividend at
the rate of 5 per cent. per annum on the A consolidated pre-
ferential stock, and at the rate of £lss. per cent. per annum
on the B consolidated stock. The directors regretted that
the Midland Company had not yet succeeded in getting
more than a small amount of Scotch traffic carried over the
company's lines. The total expenditure on capital account
was £1,257,294.

. .
The CHAIRMAN said the Midland Company were about to
have an independent station in London, and as they were
about to enter into an arrangement with the London and
North-Western foi a joint lease of the Lancaster and Car-
lisle Railways, no doubt then they would.have with other
companies an equal command over the English and Scotch
traffic. But, even should they fail in making that arrange-
ment, it was probable, as they had an independent station
in London, that they would never rest until they had esta-
blished an independent position with regard to the Scotch
route.

The report was unanimously adopted, and the dividends
recommended therein were agreed to.

PEMBROKE AND TENBY.

The hall-yearly meeting was held at Tenby on Friday
Mr. W. Owen in the chair.

The report stated that the traffic was gradually increas-
ing, and the agreement with Messrs. Davies and Roberts
for the working of the .line had been carried out in a satis-
factory manner. The works on the Whitland Extension
were progressing, but considerable difficulty had been ex-
perienced as regards the land, owing to the exorbitant
prices asked for it.

The report was unanimously adopted, and a dividend at
the rate of sper cent. per annum was declared on both the
preference and ordinary shares.

MANCHESTER, SHEFFIELD, AND LINCOLNSHIRE
The total expenses of this and the South Yorkshire Com-
panies' railways, including rents, tolls, duty, &c., from
January 1 to February 12, amounted to £49,136, as against
£47,393 for the corresponding period of 1864. The propor-
tion of the South Junction receipts accruing to this com-
pany from January 1 to February 12 amounted to £4,005 ;
as against £3,951 for the corresponding period of 1864, and
the expenses to £1,967, as against £2,042.

SALISBURY AND DORSET JUNCTION.
In reference to the proceedings at the meeting of this
company, an account of which appeared in The Sun of
Wednesday, the contractor states that he has a claim on the
company of £25,000 for work done, which can be certified
by several first-class engineers ; that nearly one half of the
railway was made, and out of £172,000 he had 22,000 shares,
which, turned into cash, only left him £ll,OOO ; that out
of this sum he had paid for preliminaries and materials
£B,OOO, which would leave him £3,000 for nearly 8 miles
of railway. He adds that if he had been paid monthly,
which was not done, the workmen would have been paid;
that for the last two months he had worked with 700 men
and about 80 horses, and had not received one shilling for
it ; that he had not given up possession, and had plenty
of plant and materials on the line ; and that he was in a
position to finish the railway in a satisfactory manner be-
fore the end of July next, which would be six months before
the time given him for the completion of the contract.