The Sun.
London, England, 1838-09-13 00:00:00

A tA7 g CHESTER AND BIRMINGHAM
The
Cr )ND HALF- RAILWAY.
EARLY GENERAL .
II alf-Yearly General Meeting of the A
PropMr EETIN
ietors wasGheld
on \Vedic esday the bth day of September instant, at twelve o'clock
in the fa enoon, at the York Hotel, in Manchester.
when tht following Chair; Resolutions were unanimously passed :
On th e motion of DAVID PitYCE, Esq., seconded by SAMUEL
That 1 the seal of the Atcocr, Esq. ;
prietors: now produced. Crimpany be affixed to the register of Pro-
Oahe 0 lotion ell EarrAiLD DAVIES DAVENPORT, Esq., seconded
That ta 'le Reby 'ale Rev. WILLIAM GASKELL ;
now read,* be.
-Po.ts, with the accompanying statement of accounts
prietc Ir. ae,opted and printed, and a copy sent to each Pro-
On the rile tion of COOKE, Esq., seconded by DAVID
DocERAY, Esq. ;
who That M 4
de Mess/ s. Sharp, Westhead, Tootal, Frost, and Swanwick,
41y retire by ballot from the Board of Directors, he, and
they ax. her
the eby re-elected Directors of the Company.
On -mot ion of FRANCIS PARKER, Esq., seconded by WILLIAM
Iliewnv WILSON Esq. ;
Thrl th c thanks of the Proprietors be hereby given to the Board
of Di recb 3rs for their uniform attention to the interests of the
Comtmy .

, .
B arbour having left the chair, and EdBOUR ward-DaviesChairman Daven-
Pot t, Esq having been called thereto, it was unanimously resolved
That tk e best thanks of the meeting are due to the Chairman for
tilt maims .r in which he has conducted the business of the day.
E. D. DAVENPORT.

REPORT.
At a meeting of Propfietors in April last, the Directors, deem-
ing it their duty, on the, first occasion that offered, to submit the
undertaking: to a searcUng inquiry, entered at length into a history
of the Company, its objects, its then condition, and its prospects.
On this oc( asion th&.r duty will be limited to a summary of the
more impo.•tant facts and proceedings which have since transpired,
and they ; ire happy to intimate that their Report, though more
brief than its predecessor, will, as they hope and believe, be quite
satisfactor v to the Proprietors.
THE TINE FROM MANCHIBSTER.STO
The I,Jirecters stated in their former Report that theCiZPORT. plans for
the lin,s. from Manchester to Stockport were in an advanced state,
and were expected to be ready for the contractors in six weeks from
that period. They further stated that, in the opinion of the En-
gineer, this portion of t'Ae line might be
completed in two years
from the letti ag of the works.
The
plans i n question, which comprise the entire line between
the two towns ~excepting that part of it which passes from Store-
street to Fair field-street, were completed by the time named, and
on the 19th 1. tlay last, tenders for the execution of the works were
advertised for in the usual way. The contracts, four in number,
Inhave since been lec, and tae Directors are happy to say, in every
stance
into ,tor - tspectable and responsible contractors, who have en-
ereden
chester to St gagements., under which the line connecting Man-
-I.port is to be completed and prepared for the public
in iaY, 184 047
There are, two cheering circumstances to be communieated in
rveferonce to this portion of the Railway. The one is, that by a
ari.ation of see t;ion effected without detriment to the line in an
entigineerinr,- p, Ant of view, and assented to wherever necessary
d r the act , of the landowners interested, a saving will be
alcured in
tierst he further
of , ti le construction, of 50,000/., in addition to which
•rrcsult has been atiained, that the period. for
.comple-
as the 0, l works ill be brought within a limit of time l ess,
period ,rectors are advised, by upwards of a year, than the
ta "4 "e cessary to execute the line according to the Parliamen-
ri sect ion.
heceher circumstance to be referred to is, that the contracts
havestru berm let within the estimates, and thus whilst the cost of con-
seejoti° 4 has in the first place been diminished by the change of
line In., a saving has secondly been effected in the cost at which the
ecnlatzu
.83cti on been uwasndestimated.ertaken as compared with the cost at which its
P •
URCHA.SES OF LAND AND POSSESSION BY CON-
't tn :TACTOS.
ile purchases of land uRp on the lin Re
are proceeding upon the
ba _le satisfactorily. The Directors do not disguise that they have
6 m 3 an difficulties to contend with in this department of their
_""1, owing to the large demands made upon them by certain land-
.twriers, and to claims arising
„ out of other circumstances, but they
all happy to be able to stat th those diculties are being rapidly
yercome. It is but just
tee theat landed proprietors as a body to add,
that in very any instances the overtures of the Company have been
tuet in a spirit of fairness and candour ; and the Directors take this
oPportunity of avowirag their anxious wish to cultivate the best un-
derstanding with tb e landowners whom the Railway may affect, and
of Meeting their views to the utmost extent compatible with the pa-
ramount claims of the Company.
PThe contmctori have been severally put in possession of such
art of the land as was immediately needful to them, and the works
Poe the line r.re now actively commenced.
The Direct,in will make it their special care to anticipate the
Wants of the contractors with regard to the possession of the re-
Witraining land comprised in their respective contracts, so that no ob-
suction mriy oce..or to the satisfactory prosecution and timely
earnplotion r
if the Railway in this important district.

ENGINES.
In
Directors eaio:l with the opening of this part of the Railway the
dim; thee
that they' have effectually provided against
publi e 7,y ir the appropriation of line when completed to the
motive nBe, 'oy arranging for an early and adequate supply of loco-
e 114 v ier.

THE LINE BEYOND STOCKPORT.
Wit—b
porti° regard to the steps taken and in progress upon other
main of the line the Directors have to report that upon the
betvreen Stockport and Congleton surveyors are at of p pre-
atwork, and that in about a fortnight the survey of that part
, bat the tne will be completed. •
_.
co,,tne
of designs for the Stockport andCongleton viaducts are in
Irtt etieo; PreParation, and that those works will shortly be corn-
comp' t and that so sows as the survey of the line to Congleton be
ed, the engineer proposes to stake it out, and afterwards to
proceed with the line frost Ihrecastle to the junction with the
Grand Junction Railway.

C
The Directors, in conformity totheir expressed intention at the
last meeting, have made only one call, and that for the sum of 3/.
per share, upon the Proprietors, which call became due on the 11th
of August last, and is now in satisfactory course of payment. In
reference to the future, the Directors believe that one call of 3/.
per share will suffice for the present year ; and there will at all
times be an interval of at least three months between every two
calls, vslailst the large number of shares of which the Company con-
sists have the effect of limiting each call to a moderate amount.
THE DIRECTORS.
of the
Two vacancies having occurred in the Board by the deprivation
the!ovi services of John Chippendale, Esq., and J. C. Dyer, Esq.,
ir places have been su
plied by the appointment of George San-
dars, Esq., and Henry 'Newberry, Esq. ; and in pursuance of the
the
of the Act which requires that at the present meeting of
'le Company five of the Directors (te be determined by Ballot
I:en4111ong themselves) shall go out of office, the following five gentle-
retire from the Direction, but are eligible to lie re-elected,
anlelY-11. C. Sharpe, Esq., J. P. Westhead, Esq., H. Tootal,
5t1., J. G. Frost, Esq., and Edward Swanwick, Esq.
iT-Ht ACCOUNTS OF THE LATE COMPANIES.
last
rl referen.ce to these accounts, it will be remembered that at the
,nis,"tin—s, of the Proprietors, the Directors stated that they were
trt'en "Able, owing to some disputed and unsettled claim, to re-
alto tot sum expended. The amounts, however, have since
ofen ascertained and the Directors are happy to state, that instead
akaii~( ey had intimated to the Shareholders, on a former oeca-
s probable) resort being necessary to the funds of the
abatPanY to an extent, in addition to the deposit paid upon the
01 that of Perhaps 10s. per share, the sum will not exceed one-half
Jullle aut
accounts of this Company. have been made up t the 31st
before,and statement of the receipts and expenditure will be laid
ThT,„the meeting.
.L-E EXTENSION RAILWAY. --TRENT LINE.n-
troduc'e s a subject which, though it- be somewhat informallludoinia.
in, at this meeting, the Directors cannot forbear a .
tified crests of the Proprietors of this Company are deeply iden-
fore hah the success of the Trent line, and the Directors there-
for they;much pleasure in communicating that the arrangements
too.t, PPliCatioll to Parliament next Session to authorise t.he fsr.t-ibction of the railway, are progressing in every respect satis-
t.ssti, 11Y. The demonstration of opinion in favour of the under.
'h„ st a town's meeting in Manchester, has been followed
4trinilitr expressions conveyed in the form of a published decla-
to the from the inhabitants of the various Owes upon and near
Isoch !Proposed railway. To those indeed who reside, or whose
openle's is carried on in the district of the Trent line, the
f
ikreasnF ° the Grand Junction Railway has been a source o
*nth. fnecolvenience, inasmuch as it has deprived them almost
Y of the different coaches which formerly traversed that
o: ''''rYt and has left them only occasional and uncertain means
thise?,,"eYance. The landowners themselves largely
.share in
of cewvenience, and hence the repugnance with which many
appr en', were wont to regard any railway passing throu„h.
ten e°llllitils their estates has given place to a feeling of acqnies-
lhee and
.not unfrequently
.support. of such undertakings.
Proprietors, in their communications with various of the landed
Nit Rbie„t4s, have found this altered tone; and they entertain a
Cotsilt:e expectation that by the time the Parliamentary Session
they shall hare obtained a very general concurrence in
owns riz-Tret• Even when least favourably regarded by land-
litess.- "is construction of the Railway is treated. merely as a
thit tli?xl of time. The Directors however consider, and they hope
time ue Legislature will consider, the proper time to be the present
liezio'ria4,l that no reason can be shown or exists wherefore the con-
be pos, of that
and of the manufacturing hives around should res,s‘Poned for a season. Of this, at all events, the meeting may
dist, sure d, that the Directors of this Company, whose sphere of
be s attach
l'rhiht es also to the Extension Railway Company, will not,
iu sustained by the oonfidence of the two bodies of Shareholders,
seeetrY of. or relax in their exertions until they have succeeded
esti:u'Thing tt Parliamentary sanction to the Trent Line, and have.
kv:!PPlied the last link in the great chain of Railway communi-
plfrom Manchester to London.
i-lESTER AND 131121 sls,
8. STATEMEN
183
nacairrs.

eallefti s. d.
it shir_:•°ll29,lss
.. ..... 58,310 0 0
838 addition
ach
I lharee "lona'
slterest 0 ......... ..• 1,690 0 0
Uo, from
n Wl* 165 15
41 Banker). • 600 4 1