The Sun.
London, England, 1849-04-11 00:00:00

rantee of 51. per cent. was not to extend to the
1,000,0001. How, he would with 1,000,000/r
were they to make a profitable line ? He would also
ask where the line was to be made, and what was to
be done with their money ?
The CHAIRMAN replied that the sum of 1,000,0001.
was not rigid or inflexible ; but it might be in-
creased, and if increased, the terms now under consi
deration would be applicable to the increase precisely
as at the present moment.—(Hear.) He had been
asked what was to be the second terminus, Calcutta
being one. The second terminus had not been defined
yet ; but he could state to them that it was intended to
leave the direction of the line, and the second terminus
to be decided on by the Governor-General of India, both
as to the length and the position, with the single ex-
ception, that the experimental line was defined in the
direction which it was to take.—(Cheers.)
Mr. R. R. DEAN briefly addressed the meeting in
support of the resolution. _ _ _

Colonel SMITH presu here would be a limited
time within which the 2*l would be paid.
The motion was then put, and agreed to without a
dissentient voice.

Colonel SMITH then proposed, as a resolution, that
it was the opinion of the meeting that all shares on
which the call of 2/. shall not be paid on or before
the 20th instant should be forfeited, subject to the
discretion of the board in particular cases.
Mr. CAWTHORNE seconded the resolution, which
was also carried.

In answer to a question by a proprietor,
The CHAIRMAN disclaimed, on the part of the direc-
tors, any the slightest intention to traffic in the shares
of the company; and stated, that everything would
be conducted in a manner as fair as the day.

Captain HENDERSON moved, that the shareholders
should be supplied with a list of the shareholders
who subscribed the original capital, but this finding
no seconder fell to the ground.
Mr. BEAUMONT moved a vote of thanks to the
directors for the energy, disinterestedness, patience,
and perseverance which they had manifested in the
conduct of the company's affairs, especially referring
to the exertions of Mr. Macdonald Stephenson and
Messrs. Freshfield.
Mr. LOVELOCK seconded the resolution, which was
carried with acclamation.
The CHAIRMAN briefly acknowledged the compli-
ment for himself and his brother directors, and the
meeting separated.

RAILWAY IN TELLIGENCE.
NORTH WALES.
A special meeting of this company was held yesterday
at the Guildhall Coffee-house, Mr. Chadwick in the chair.
The CHAIRMMAN briefly stated that the directors
were anxious to afford the shareholders every informa-
tion with respect to their affairs. The whole of the
books would be laid before them, and it would be for
tkose who were interested in this unfortunate project to
decide what was best to be done under the circumstances.
Mr. HENDERSON said, he was glad that the share-
holders had thus been afforded another opportunity of
expressing their opinion in favour of the conduct of the
directors. With a view to clear up any doubt that
might exist with regard to the management of their
affairs, he would move that a committee of inquiry be
appointed, consisting of those shareholders who were
known to be opposed to the directors, to investigate the
affairs of the company, with power to examine the di-
rectors, solicitor, or any other officer of the company.
Mr. POWELL seconded the resolution.
After some observations from Dr. WATERFIELD and
Mr. BUTT, the resolution was unanimously passed, ap-
pointing a committee, consisting of. Mr. J. Shaw (the
solicitor of Mr. Archer), Mr. Norris, Mr. Crawford, Mr:
Cohen, and. Mr. Henderson, with, full -powers to investi-
gate the affairs or the company, and to report thereon to
a:futare nict.,fing.,„,
In reply to questions, the Uroartmart stated that there
was nothing due to lanflOwners, solicitors, or Parlia-
mentary agents; that 600/. would pay off all the liabili-_,
ties of the company. The Lord Chancellor had decided
against the claim of Mr. Jackson, and it was not pro-
bable,. the- latter would prosecute the' suit any further.
The. powers of their Act to take land had ceased last
July, and next Juli the Powers to carry on the works
would cease. With respect to dividing the funds in hand
they= acted under the advice of an eminent lawyer, Mr.'
Rolt, who had drawn up 'the deed: The difficulty was
in this mode of proceeding that it required all the parties
to agree to the dissolution of the company and to sign
the deed. The only dissenting parties he knew were
Mr. Bulkeley Hughes and Mr. Herapath. The directors
would give the committee every facility in their power
to make any investigation they thought proper.
Thanks were voted to the chairman and the meeting
separated.

LONDON AND BRIGHTON.
This company have made considerable reductions in
the charge for periodical tickets, with the view of en-
couraging building, and extending facilities for suburban
residence in connexion with the short stations between
London, Croydon, and Epsom.

EXTENSION OF THE SOUTH-WESTERN INTO