The Sun.
London, England, 1849-08-20 00:00:00

Viitrb 921ittion

NORTHERN AND EASTERN
RAILWAY.-(THIS DAY.)

The half-yearly meeting of the shareholders of this
company took place to-day at the company's offices,
Bishopsgate Station, for the purpose of receiving the
report of the directors, and also for the election of
directors in the room of those gentlemen who retired
by rotation ; Richard Paterson, Esq., the chairman
of the company, took the chair.
The usual preliminaries having been gone through,
The SECRETARY read the following report :
" The directors have to:report to the proprietors, that
the dividend on the respective shares of this company
for the half-year ending the 30th of June last, will be
payable on and after Saturday, the 25th inst., and
will be as follows, viz.—
"On Shares guaranteed 5 par cent. per annum, 501.
paid, 1/. 5s ; 431. paid, 11. ls. 21d. each, less property
tax.

" On Shares guaranteed 6 per cent per annum, 501
paid, 11. lOs. ; 431. paid, 11. 63. lid. each, less property
tax.

" In their last report the directors reminded the share-
holders that the period for which the quarter shares
were originally guaranted six per cent. would expire on
the following 30:h of July, and they caused an adver-
tisement to be inserted in the public papers, to the effect
that parties wishing to avail themselves of the option
given by Act of 6th Victoria, cap. 28, must signify the
same in writing on or before the 30th of June.
" This notice has been given by fifty-five shareholders,
holding in the aggregate 5,420 quarter shares, equal to
1,355 shares of 501. each. The dividend on the quarter
shares that have not availed themselves of this option,
will be calculated in future to the 31st December and
the 30th of June respectively, and will be payable at the
same time as the dividends on the other shares of the
company; and one month's interest having accrued on
these shares to the 30th of June last, payment
thereof will be made on the 25th instant, and
will be at the rate of ls. 3d. for each quarter share, less
property tax; but such of the shareholders as have
adopted the guarantee under the Act of 6 Vic., cap, 28,
will receive their interest on the 31st of May and the 30th
of November, as heretofore.
" The undistributed shares have bean sold, in accord-
ance with the resolution of the proprietors, and have pro-
duced a profit of 7431. I Is. 5d., which sum the directors
propose to divide amongst all the shareholders of the
company, pro rata, in addition to the above dividend.
"The two directors retiring from office by rotation are
John Clermont Whiteman, Esq., and the Hon. John
Henry Knox, and the board recommend these gentle-
men for re-election.

" The half-yearly meeting of the proprietors of the
Eastern C)unties Company will be held on Friday the
31st instant, at one o'clock precisely, at the London
Tavern, Bishop3gate•street, at which meeting the nor-
thern and Eastern proprietors have the privilege of at-
tending."
The general statement of the receipts and expendi-
ture up the 30th of June showed a balance in hand
of 7,2701. 10s. 10d.
The two directors who retired by rotation, John
Clarmont Whiteman, Esq., and the Hon. Henry
were unanimously re-elected, the report was
adopted after a short discussion, and after a vote of
thanks was carried to the chairman and directors,the
meeting separated.