The Sun.
London, England, 1853-08-26 00:00:00

ST. ANDREWS AND QUEBEC.

Yesterday the general half-yearly meeting of the share-
holders of this company was held at the office, 26, Par-
liament-street, Westminster.
The Chair was occupied by Francis Edwards, Esq.,
of Bulstracie Park, in the absence of the Earl Fitzwil-
liam. _ _

The SECRETARY (J. W. Byrne, Esq.) read the half-
yearly report, which commenced by adverting to the in-
creasing interest which was being awakened by the rail-
way undertakings of British North America. From the
far-west of Canada to the Atlantic, it stated, sources of
wealth were being developed which must ultimately find
their way into the markets of the world. Hence the
importance that this line should be carried forward, with
all possible vigour, to its ultimate point of attainment—
namely, immediate commercial intercourse with those
great trunk lines which are intended to traverse, through
their whole extent, the extensive and populous districts
of Canada, and the rich valleys of New Brunswick—in-
asmuch as such a connexion affords the only medium for
securing a permanent communication between the
British North American provinces and the parent state.
The St. Andrews and Quebec line is a fractional, but es-
sential part of this vast enterprise. It was first in the
field, and commands the only outlet of East and West
Canada, through the British territory to the Atlantic.
It was expected by this time to have reported the open-
ing for traffic of at least a part of the line. This has not
been accomplished ; but the contractors have sent out
during the present year 1,000 men from England, And
the works are now being prosecuted with greater vigour.
It is anticipated that the first 13 miles, to the point
where the railway crosses the Fredericton road, will
now be shortly opened ; that distance, according to the
engineer's report, having been nearly completed, and
part of it run over by the locomotives. With regard to
the remaining portion, the only thing required is the
laying down the necessary timber and rails, It will be
completed by the time any rolling stock can be got on
the spot. In addition to the 13 miles, 18 miles are in a
sufficiently forward state to afford the prospect of com-
pletion during the present year. The cuttings and em-
bankments, as will be seen by the section, are in an ad-
vanced state. From the number of men employed on
this portion of the line, the contractors contemplate
having their locomotives in a very short time at work in
the forest. As soon as the line is opened for passengers
traffic up to the point where it intersects the Frederic-
ton road, preparations will be made at St. Andrews for
depositing lumber and affording accommodation for that
and other goods traffic, which will be brought upon the
line so soon as it is completed to the forest. It is be-
lieved that the logwood traffic would be very consider-
able. As the undertaking developer itself, its paying
capabilities become more and more apparent. The con-
tractors have added their testimony on this point. The
construction of the second section of the line, to the
Grand Falls, has engaged the attention of the directors,
but they are not yet prepared to submit any well-
' digested plan. The measure is important, as the line
will then join that portion of the railroad to be con-
structed by the Government of Canada, and at Quebec
unite with the great line now being constructed by the
Grand Trunk Railway of the Canada Company. When
this is accomplished, it will necessarily constitute this
undertaking one of the most important of the present
age in British America. The local government have
?slued further debentures to the amount of 11,0001., as
payment on the shares in the railroad company. A fur-
ther call of 21. a share will shortly be made. The ac-
counts up to June 30 stands thus :—Payments on calls
in advance, 11,0441. 13s. 10d. ; balance in hand, 2,011/.
15s. 6d. ; total, 13,0.561. 9s. 4d. Receipts—balance in
hand on last account, 5,8901. Bs. 7d. ; paid on calls in
advance, 7,1211. Os. 9d. ; Mr. Thompson, 45/. ; total,
13,0561. 9s. 4d.
The report was put and agreed to, and the meeting
separated.

haNisOißeaTrHlyEmßeNetiCngOlJoNf TthliEsScoUmNplaOn
The
yesterday at the London Tavern. company vas held
occu-
pied by d The chair was
The- oseph Middleton,
re.e
.SECRETARY read the Esq.
t mug t,,, report, which commenced by
at this the di the promise made at the last meeting, that
the aetors would state the course they C.l • d
would e shareholdersfound to consent to adopt. Nvise
difficulty
time. The direin liquidating the liabilities at
oth
they had hopedetors had not succeeded in
making,e proper
Pann which,
Whila: y arrangement with annoth as
er coin-
liabilities, would havrelirring the shareholders of their
expended on the works.ier' them
them for the future 'Three acoreturn for the capital
the provisions of the Railways to bringutrisleesc were open to
under
would, in all probability,w;ays Abandonment pAany
ct, which
,to defray the expenses. seeender s. further call necessary
went for a new bill, limiting to a 1
PP y to Parlia-
' struction of that part of the line
seep
powers to the c
vanced, from Wath to Bedale,seehirdY Considerably nand--
bill to sell this portion of the line. On powers in in the same
tors are advised that the few miles of line froth
the direc-
dale, proposed to be carried out, would be emoni\yrh to Be-
very small sum ofmoney in addition to the am
oPunetted f„r a
in hand, and adjoining, as it would, the existinr, railways
aallready
in that district, your directors believe that it might be
worked with advantage, or might meet with a purchaser.
By this means the capital already expended upon that
portion of the line would, they should hope, be made
remunerative, and certain of the liabilities be made
available. On these grounds, therefore, your directors
are of opinion that the adoption of this course may be
Jan_BATH FROM n
the most available, and they ask you to give them dis- es, residin_
gat
man named Hugh
cretionary powers, if, on further consideration, your PvFspool, diea 'otn 15, Holland-street, Toxteth rk,
directors should determine on acting upon it. And the having been bitten bySaturday last, of Hydrophobia,
third course was, to await the course of events with the Vernonv
which of Woolter; a mad dog belonging to Thomas
view of making arrangements for the sale of this line, the dog was about two months since, after
ill on Tuesd destroyed,
prior to obtaining such an act. The report concluded ay last week Jones became seriously
,and died in agonies.