The Sun.
London, England, 1847-08-07 00:00:00

No 17,1250 LONDON, SAT URDAY •
Evi ,
N

NT ATIONAL LOAN FUND LIFE
ASSURANCE SOCIETY.
26. CORNIIILL, LONDON.
Capital £500.000. Empowered by Act of Parliament.
Thts Institution embraces important and substantial advantages
xith respect to life assurances and deferred annuities. The assured
is, on all oceasions, the power to borrow, without expense or tor-
.eiture of the policy, two•thirds of the premiums paid (see Table);
'.lso the option of selecting, benefits, and the conversion of his in-
crests to meet other comma:tides or necessity.
ASSULUICRB for terms of years on the lowest possible rates.
DIVISION OF PROFITS.
The increasing prosperity of the Society has enabled the Directors
it the annual meeting held on the 12th May. 1847, to declare a fifth
:onus, varying from 35 to 85 per cent. on the premiums paid on each
,oliey effected on the profit scale.
EXAMPLES.

1
4; I I Perma- Sum the
.4.6 ' Annual !Polley Bonus In nent Re- Assured
tge. E 2;1 Pre- 'taken addition Bonus itt duction of may bor-
-1 - e.,1 mitten. oat' in Assured. Cash. Annual row on
'r: '
11 1
Premiums. Policy.
- ---- , -
X s. d.' .£ a d. £ s. d. £ s. d.
1 i r 1837 243 9 3112 85 18 4 6 494 810
xs. d.) 1838 218 4 81 99 810 15 13 5 ,445 0 0
£ 74 3 4 1839 .'192 110 86 9 313 4 9 :395 11 1
60 1000 , 1810 1143 5 10 66 8 4 919 1 1346 2 3
I i 1 1841 138 14 2 61 17 6, 9 9 2 296 13 4
1. 1542 1l 1 6 8 49 10 0 710 4 1247 4 5

The Annual Report, with tables of rates, &c., may be had at the
office, or any of its branches in the country ; or, ou application, will
be forwarded post free

F. FERGUSON' CAMROUX, Secretary.

UNITED KINGDOM LIFE ASSURANCE
COMPANY.
8, WATERLOO-PLACE. PALL-MALL, London ; 97, George-
street, Edinburgh ; 12, St. Vincent-place, Glasgow; 4, College Green,
Dublin

(Established by Act of Parliament in 1834.)
In 1841, the Company added a bonus of 2 per cent. per annum on
he sum asured to all Policies of the Pa ticipating Class from the
.ime they were effected. Parties wishing to secure the benefit of
the next division of profits in 1848, should make immediate appli-
cation.
When the insurance is for life, only one-half the annual premium
need 1)3 paid for the first five years.
Every information will be afforded on application to the Resieent
Director, E. Lennox Boyd, Esq., No. 8, Waterloo-place, Pall-mall,
London, where prospectuses, &c , may be had.

/1 EDICAL, INVALID, and GENERAL LIFE
OFFICE, 25, PALL-:1I ALL, LONDON, and 22, NASSAU-
STREET, DUBLIN.
Subscribed Capital, 500,0001.
Notiee is hereby given to the Shareholders of this Society that the
Interest talliqg due on the 29th July, at the rate of 41. 10s. per Cent.
per Annum, will be in course of payment on and after the 19th
August, at this Office.

F. G. P. NEISON, Actuary, 25, Pall-Mall.

I)ROVIDENT LIFE OFFICE
st►, REGENT STREET, LONDON,
Established 1806.
INVESTED CAPI VAL, 1,200,0001.
Annual Income 140,0001 Bonuses declared 529,000/.
Claims paid since the Establishment of the Office, 1,520,0001.

PRESIDENT
The Right Honourable EARL GREY.
DIRECTORS.
_.

The Earl of Macclesfield. Bev. James Sherman.
The Hon. Arthur Kinnaird, Henry B. Churchill, Esq.
Sir Richard D. King, Bart. William Judd, Esq.
Alexander Henderson, M.D. James Sedgwick, Esq.
Capt. W .John Williams. Alfred Beaumont, Esq.
John Deering, Esq. George Deere, Esq.
William Henry Stone, Esq. Richard Sherwood, Esq.
1. The Rates of Premium are those adopted by the principal Life
Offices, the rate without bonus is lower than that of most other
offices.
2. The Bonuses are added to the Policies, or applied to the reduc-
tion of the Premiums, or may be received in cash as soon as de-
tired, at their then present value.
3. Loans are granted upon the Policies issued by this office, or the
Policies are purchased at their full value.
4. If a party neglect to pay for the renewal of his Policy, he may
repair the omission any time within twelve months, upon proof of
goad health.
Bonuses paid upon Policies whi

11 have become Claims.

Life Insured,

'Sum Insured

Sum paid.

Tohn Wharton, Esq.. Skelton 'astle
Sir John Saunders Sebright, Bart...
Air %Villain Wake, Bart. .. • • -• • • ..
Earl Strait:mire •• • ••• • •• ••• • •

5,000
5,000
5,,,00
5,000
3,000
2,000
1,000

.£ a. d.
7,706 6 0
7,652 17 3
7,500 5 9
7,128 15 8
4,509 1 1
3,411 1 3
1,862 4 11

Rev. 11. W. Champneys, Canterbury
The Marquis of Wellesley • • • .. • • • •
Earl Cathcart .. • • ...... •• • • ••• • • •

Prospectu,cs and full particulars may be obtain
lion to the agents of the office in all the principal tol
h:lng.lom ; and at the head office, No. 50, Regent-st
JOHN A. BEAUMONT, Mani

ied upon applica-
wns of the United
:reet.
aging Director.

GUARDIAN FIRE AND LIFE ASSUR-
ANCE COMPANY.
So. 11, LOMBARD-STREET, at the Entrance of the Old Post
office, London.
DIRECTORS.
JOHN DIXON, Esq., Chairman.
JOHN MARTIN, Esq., M.P., Deputy• Chairman.
Henry Hulse Berens, Esq. Lewis Loyd, jun., Esq.
Francis Hart Dyke, Esq. George Lyall, Esq.
,ir Walter R. Farquhar, Bart. Stewart. Marjoribanks,Esq.,M.P.
Thomson Hankey,jun., Esq. Rowland Mitchell, Esq.
John Harvey, Esq. Robert Milford, Esq.
John Gellibrand Hubbard, Esq. James Morri-, Esq.
George Johnstone, Esq. Henry R. Reynolds, jun., Esq.
John Labouchere, Esq. John Thornton, Esq.
Joint Loch, Esq. James Tulloch, Esq.
AIIDIToRs.
A. W. Robarts, Esq Henry Sykes Thornton, Esq.
7'.antuel Jones Loyd, ESQ. i Ihnry Norman, Esq.
ACTUARY—Griffith Davies, Esq., F.R.S.
In the LIFE DEPARTMENT, Assurances may be effected at
:ow Rates without participation in the Profits; or at moderate Rates
with participation in one moiety of the Profits every seven years. At
each of the three Septennial divisions which this Compiny has made,
tire Bonuses amounted to about 1 per cent. per annum on the sum
assured, or about 27 per cent. on the amount of premium received ;
and the whole amount of Reversionary Bonus allotted by the Com-
pany exceeded 530,000/.
Loans granted on Life Policies to the extent of their values, pro-
vided such Policies small have been effected a sufficient time to have
attained in each case a value not under 501.
In the FINE DEPARTMENT, a Return of profit was declared
en the 2d of June, upon the premiums received on all Policies
which had been in force seven years at Christmas 1845, and the same
now in course of payment daily (Friday and Saturday excepted),
beis
tween the hours of ten and three o'clock, at the Head Office; and
also by the Agents in the Country Districts.
GEORGE KEYS, Secretary.

LEGAL and GENERAL LIFE ASSURANCE.
No. :0, Fleet-street, London.
Notice is hereby given, that an EX I'RAORDINARY GENERAL
MEETING of the Members of this Society will be held at the Office,
No. 10, Fleet•street, on TUESDAY, the 24th of August instant, at
Half-past One o'Clock precisely. for the purpose of EIX.CTING a
DIREC OR in the room of Michael Clayton, Esq., deceased, and an
AUDITOR in the room of James Lemon, Esq., resigned.
By order of the Board, T. R. EI)MONDS, Actuary.

SELECTIONS FROM WORDSWORTH.
Price Gs 6d. cloth, gilt edges,
SELECT PIECES from the POEMS of'
WILLIAM WORDSWORTH.
ALso,
I. WORDSWORTH'S POETICAL WORKS. 7 vols. 351.
2. WORDSWORTH'S POETICAL WORKS. I vol. 20s.
3. WORDSWORTH'S EXCURSION. 6s.
- Edward Motion, Dover-street.

NIC O L L'S SHOOTING, FISHING, or
RACKET JACKET (Registered) is equally well adapted for
a sea-side or country stroll as for field or athletic sp rts. Its mode-
rate pries of One Guinea, and the essy sensation experienced by the
wearer, together with much convenience of pockets, neatn, ss of ap-
pearance, &c., will recommend it also for the merchant's counting-
house or student's library. Suit ble waistcoats are also ready, which
correspond with the jacket in colon , &c. These can be had of the
Patentee's recognised provincial agents, and in London only at 114,
Regent-street, and 22, Cornhill.

C 0 LOURED PHOTOGRAPHIC POR-
TRAITS, by Mr. BEARD, Sole Patentee.
85, Kim: William-street, City ;
34, Parliament-street, Westminster; and the
Royal Polytechmie Institution, Regent-street.
" A picture 14 now speedily produced far, very far, superior to those
obtained by former experiment."—Art Union.
" The resulting tableau will bear comparison with the best minia-
ture."—Morning Chronicle.

ON THE SECRET INFIRMITIES OF YOUTH AND
MATURITY.
WITH TWENTY-FIVE COLOURED ENGRAVINGS.
This day is published. Twentieth Thousand, in a sealed envelope,
ts, 2%. mot. 3r forwarded, post paid, to any address, secure from
observation, for Is. Gd. in Po' +',"' S"un
4s,
EI,P. PRESERVATION : A Medical Treatie
on Marriage, and on those Secret Infirmities and Disorders or
Youth ano
life, which tend to destroy phys cal and mental energy, ardour, pas-
Y, that are u ually acquired at an early period of
Edon, and all the attriliutks o Manhood. llins•raled with Twenty-
nye Colotired Engraving., on the Anatomy, Physiology, and Dim-
easerot the. Urinary And Itepromitietive flrzat s, explaining their
various
struccurds, uses, and functions, and showi, g the injuries that
_ iAuacettid in them. by solitary habits, excesses, and infecti .n.
cal Observations on the Treatment of I tebility,
disease.lia
C.nstitutional Weakness. Syphilis. Stricture, and other

By
BAMIML TA'AIERT, CONSULTING SURGEON,
9, itedford-street, Redford-square, London;
ult.amtribeenrlleid
thMeemLobnerdonnr
Apothecaries' flail, London. &c., &c.
tite,m,Uitnativemrselatylca
jot
CONTENTS OP THE TREATISE.
,Rocliii:lthyll, Tllth,i
Cluarrea i• s'in the Philosophy of Marriage, with its I findran,
Licentiate
AM Obligations, and On Infelicitous atnt Unproductive Unions.
Citarrxa 2. On the Anatomy and PhysiologY of the Ge?""11‘
Organs, their tunctions, structures and secretions, proving that vrep
Mental and Physical ['ewer are dependant upon their healthy actin
—CuseTaa L. On Solitary Habits; their various effects on thf
Animal Economy; the concealed cause of Debility of the functions
of the Stomach, Lungs, .and brain, d general weakness of th'
Mental Faculties. Cuarraa 4. On'the Secret Disorders of Tout
and Maturity, and the Treatment of Nervous and Loca, Weakness
mental Debility, and Premature Dee.ay.—CnaPrsit A and 6. O.
the Disorder" arising *from ludiscnnsinate Excess. Strictures, and
other Diseases.
______

other other
ZIVTV.Wr or , w
LAIlzaT ON SELF-PRESERVATI 1.-
ii...°""
milted to public nu dice. The autheit
work possesses advantages over e°Z;----." AND Rt n
orethAenDB*—This
siderahle talent, who has devoted ma g. medical man of kind sub-
profession, and as a guarantee of his pretensions to the study feohn-
qualifications and diplomas in the work. and 'smns 'nal' Published hial4'
his abilities from physicians and surgeons of great
tral testimonials of
is a most important consideration to those wh , eminence,
th",, ce, Which
nature of their infirmities, are obliged to seek medicai-- a- speculiar
from strangers. The subject is treated altogether in as excellent
manner, and by its perusal the unfortunate victim of vicious habits
and excessive dissipation, will ho enabled to account for peculiarii
disabilities, and to discover the means of alleviating their suffertngs
an easy and effectual manner.—United Service Gazette.
Published by the Author, and may be load at his residence; also
firom Kent and UichardJ, 52, Paternoster-row; Hannay and Co., 6,
Oxford-street Starts, Tichborne-street, Qttadrant ; Gordon, 146.
Leadenhall-street, London; Newton. IQ, Church-street. Liverpool
and i',Y all Booksellers.
At Home for Consultation daily, from Nine till Two. and f1•o-
-rive till Eight ; and all letters immediately replied to, It contains
the fee o: I 1
~ for advice. ike.--9 BEDFORiusTR.F;VT it F,Dror T--
V.)'' k”T` 7 ',..7 , •INN
....---.--r-

• [ADVERTISEMENT ]—DEBILITY AND WEAKNESS.—
EXTRAORDINARY CASE.--CLTRE BY HOLLOWAY'S TILLS.—MM
Mit-
chell, of Bristol-read, Birmingham, was In that weakly state as not
to be able to dress herself, beside: which there was a constant pain
in the right yid,', preventing her lying upon it. She was never free
from head-aches, appetite and digestion very bad, and her spirits
always greatly depressed. Now, this lady, ere she beeame sn ex-
tremely ill, visited various watering places, where she had the best
medical advice, but her ease baffled the skill of nil, and yet to the
surprise of her family and f lends she is restored to permanent health
by the use of Holloway's Pills.—Sold by all druggists, and at Pro-
fessor Holloway's Establishment, 344. Strand, London.
CURIOUS DiscovEßlEs —Count de Palmblad has
just iliseovered amongst the manuscripts of the Uni-
versity of tip,al, a voltimin.,us correspondence between
(7,unt Philip fie Konigsmark (brother of the celebrated
C orate=s of th.kt nam,.\ and the Princess Sophia
WhoI);:rf iffii.
i:(1 ;;h d re
ft c3i‘2)y,:"i ri
ans"tf,.v n
,nt-it'ierT;nee4irtg,°a pl f E
rist:•net in the
tom. as of Able,'. The Count was'asswsinated in 1694
for having attempted to aid the Princess to escape.—
Galignani.

EAST INDIAN RAILWAY.

A meeting of the registered shareholders of this com-
pany was yesterday held at the London Tavern, Bishops-
gate-street, for the purpose of confirming an agreement
made by the directors with .the directors of the Greet
Western of Bengal Railway Company for the amalea-
mation of the two companies, and of adopting the Mea-
sures necessary for carrying the same into effect, and also
of receiving a report from the directors,
Tho chair wits taken at one o'clock by Sir G. Larpent,
chairman of the company. The notice convening the
meeting having been read,
The CHAIRMAN proceeded to read the report of the
directors, from which it appeared that the company had
been registered under the Act or 7 and 8 Vic., c. 110;
that till the necessary conditions had been complied
with; and that the directors had brought their negotia-
tions with the East India Company to a close. The
terms upon which the Hon. East India Company had
previously proposed to sanction the construction of two
sections of the great trunk line of railroad from Calcutta
to Delhi, throuell Mirztpore, one in the lower aid the
other in the upper provinces, were:—that the land for
the railway should be granted free of all cost for iiinety-
nine years; and that interest at the rate of four per cent.
per annum for fifteen years on the capital employed on
these sections (no exceeding 3.000,0001. sterling) should
be advanced by the Hon. East. India Company, such
interest to commence as soon as the contract should he
arranged, and the ruin of 500 OWL paid into the East
India Company's treasury; repayment of said interest
being made when the profits of the line should exceed
four per cent. The director; did not consider
these terms sufficiently favourable to induce them
to propose to the shaeeholders the adoption thereof.
The directors considered the rate of guaranteed in
terest too low, the period too short, and the sum re-
quired to be paid down too large. Upon all these pints,
the directors were happy to state that the Hon. East
India Company had met them with fairness and libe-
rality, and had agreed to raise the rate of interest from
four to five per cent.; to extend the term from fifteen to
twenty-five Years; and to require 100.00/. only to he
paid upon the‘ arrangement of the contract. The terms,
therefore, which the directors had now to submit
to the consideration of the she's holders were—that
the- East Indian Railway Company was to undertake
to construct in the first instance, and to keep and work
when constructed, two section; of their proposed line of
railway between Calcutta and the north western pro-
vinces in India—one section in Upper and the other in
Lower India; and toexpend thereon the sum of 3,000.0001.
sterling. The Railway Compeer was to carry the Govern
merit mails free of cost, and the troops and military stores
at the lowest fares charged to passengers and goods. In
consideration whereof, the East India Company was to
guarantee a minimum dividend of five per cent. tier
annum upon sums which, in the course of three years
from the date of the railway company signing the first
contract with the East India Company, should be paid
into the East India Company's treasury by the railway
company, to an extent not exceeding 3,000,0001. ster-
ling. This guarantee was to continue for a period of
twenty-five years, and the payment of the interest was
to commence as soon as the payment into the East India
Company's treasury should amount to 100.000/.. arid was
to be made in London half- yearly. The East India Com-
pany was to provide and .lease to the railway company,
without charge or expense, for ninety-nine years. all the
land required for the railway, the land remaining the
property of the Government. When the profits of the
railway exceed five per cent., the excess was to be di-
vided between the East India Company and the railway
company, until the amount which may have been ad
vanced by the East India Company shall have been
repaid: thus, supposing the line to pay 10 per cent., the
proprietary would receive 71 per cent., and the Govern-
ment 21-' until the advances should be repaid, when the
1
whole of the profits would revert to the proprietors. It
was the unanimous opinion of the directors, that thesti
terms were such as they ceutil most fuliy recommend
the proprietors to adopt; offering as they did advantages
superior to those enjoyed by any railway company at
home or on the continent, and removing the difficulties
which, in times like the present, might otherwise pre-
vent the railway company from raising the necessary
capital for an undertaking in so distant a country as
India. The gurrantee established the railway payments
up to 3,000.000/ sterling on the basis of a Government
5 per esna stock, and offered a safe and eligible invest-
ment fir money at a fair rate of interest, payable half-
yearly in London, for twenty-five years. In addition to
this certainty, the proprietors might reasonably indulge
the hope of an early participation in the profits
of the railway, which had been shown, by the data
laid before them in April last, to promise a large addi-
tional compensation to the persons who might be
disposed to embark their capital in the undertaking.
Should the proprietors concur in these views, the direc-
tors hoped that authority would be given to them to close
eith the proposals of the Honourable East India Com-
pany. The directors were prepared to take immediate
measures for carrying out the undertaking ; arid they
hoped to be able to make such arrangements as would
ensure the commencement of the works during the cold
season of the present year. To accomplish this, a com-
mand of funds to some amount would be required, and
they relied, therefore, upon the proprietors immediately
registering their shares; for upon the number of shares
registered, every arrangement must depend. The direc-
tors would receive payment in anticipation of calls, so as
to allow parties to avail themselves of the East India
Company's guarantee at once; but until the registration
of the shares be completed, the directors could not state
positively what amount per share could be so paid; they
were prepared, however, to take the responsibility of re
eeiving 151 per share, expecting that the whole amount
required would not exceed 201. out of the 501. shire.
The proposed amalgamation with the Great Western
Railway Company of Bengal would be upon the follow
tog terms
1. That the subscribed shares in the Great Western
of Bengal Railway Company be exchang. d tor an equal
number of shares in the Consolidated iompatiy,
" 2. That the relative expenses of the two companies
be equitably adjusted by mutual arrangement.
"3. That three of the directors of the Great Western
of Bengal Railway Company do juin the Consolidated
Board.
4. And that the claims of the officers who may be
displaced by the amalgamation, be considered by the
Consolidated Board."
The lion. Baronet then went on to say that no
time had been lost in laying the result of the nego-
tiation with the Board of Control before the share-
holders. He always considered it necessary to have
a substantial proprietary; that had been obtained
by the
company to their fullest setistaction It was most im-
portant to know the actual amount of shares registered,
because if the shares were registered to any consider-
able extent the calls would of course be considerably
less. For the present year no larger sum would be re-
quired than 100,000/. which would be sufficient to corn
inence proceedings at once in India ; but it must be
borne in mind that 5 per cent. would be paid to the
sharthelders upon that sum. With respect to the
amalgemation referred to in the r post, he felt. that they
would he adding strength to their concern by taking these
parties into the management with the present direction.
Proposals of amalgamation had been made by other
companies, but, under existing circumstances, the
directors could not recommend therni to the proprietors;
but, as this undertaking was clearly understood to be
the first to which the sanction and influence of the Hon.
East India Company would be given, the directors
' hoped that all parties desirous of carrying out railroads
in Intia would unite in giving that aid to this company
upon the success of which the future extension of the
system of railway comieunication in India del.ended. It
the great line conn,cting the metropolis of India with
the north-western province's were accomplished, there
could be little doubt of similar undertakings in other
parts of India being, ultimately adopted. If the present
opportunity be lost, it was problematical whether this
i merest. d mode of communication, offering such
idvant,,ges to British India—such additional security
ie the Governme=nt—and such benefits to the
whole empire—would not be delayed for many year,,
to the serious lo‘s of the pres nt generation. It was
intended to send Mr. Stephenson, C E., out to India with
the staff of the coinparKs ; that gentleman possessed the
fullest confidence of the directors, and he had rendered
most efficient services hitherto to them. With Mr.
Stephenson would also be sent out other persons con.
Elected with the whole machinery of railway companies. It
was the intention of the company to educate the natives
of India in the use of the machinery connected with rail-
way matters.—(Hear, hear.) He felt that this subject
was one of tne greatest importance. Fortunately they
qammuaeyosnt lade tei shine thatnee e
ss a might
had a Governor-General going out to India, who, in
clans"' that 'once
theo report h is
tt,:iceigehtal
ar
itinmet,ndt
withof the
eB
wholeard of Totradthee, was most intimately
hereby) the
rns e d h
proprietors,
aen
di)
previousb connexion with the railway
t ays. she add be meet I,r pi yto cr any
tuht attot h e himdir uponec s thebe
carrying into
oinpttt(oe)
dimoamnakdpel.ce,
the arrangements wrTthfeorwreaccsaeri
aumt to adopt such measures as they
astilidttie..eret
referred to in the re the Hon. East India Company
modification thereof
paosrt of the directors, subject to such
Mr. ANDERSON wished to
may dorm advisable.
prietors would be held to know whether the pro-
-3,000,000/. stated to ee
ee for any amount beyond the
be expended in any ~.xtent,hiuncaor of the coinpaey, to
The CHAIRMAN said that it the proposed railway.
make any further extension oflv athsenot contemplated to
2inally proposed. He could pledge dine
than was ori
el' the directors, not to take any oe-, 'hns'ir, on the part
further outlay for extensions without ' steps
involving
a
subject before the shareholders. aying the whole
In answer to a question put by anothershareholder,
The CHAIRMAN also stated that it
circulated
uwel aheft!
intention of the directors, when the Was the
nary proceedings were brought to a close, Prt(;) Imcbi-
tain an Act of Parliament to reduce the 50/, shares
into 20/.. shares, the latter sum being cells d
necessary for carrying out all the purposes of the

company.
The resolution was then agreed to unanimously.
The CHAIRMAN -a;d tloit the next re,olioinii wav,
this meeting appr •yes of the anrtigq:nation „!
this company with the (Jr at We:.teru Railway o
Bengal, upon the terms specified in the report, and that
the director* be authorised to adopt rocasure3 for carry.

. ,
ing• the same into effect, subject to such modifications
as they mlght deem prota-r.
The resolution wa- unanimously agreed to.
A vote of thanks was then, on the motion of Mr.
ANDERSON, given to Mr.;:iti•phPnson,ff,,r. his able services
On behalf t•f the interests of (he company.
Mr. STEPHENSON returned thehlts and stated that, if
honoured with their support, he would continue to do all
that lay in his power to promote thelt.tereits of the
company. _

Kvofe of thanks was also tendered to the Chairman
and directors of the company.
The CHAIRMAN returned thanks, and the meeting
broke up.

LONDON AND SOUTH-WESTERN

R AIL W AY.
The usual half yearly meeting of this- company—the
twenty-six,h—was held yesterday at Otte o'clock, at the
offices of the company, Nine-elms, tor the transaction of
the ordinary business of the undertaking W. Chaplin,
Esq., M.P. for Salisbury. presided. A vast ntuabtr of
shart.h..lders were present.
The advertisement convening the meeting having been
read, the seal affixed to the r•-gister of proprietors, and
the previ.us minutes confirmed,
The SECRETARY (Mr. Laurentz Campbell) read the
following repotov-hich, as it is of au important charac-
ter, we give as submitted to the shareholders.:—
" The Dirt etors are hapuy to state, that- notwith-
standing the very great reduction in the fares of this
railway, the long continued winter, and the general
commercial depression, the result of the half-year's
traffic enables them to recommend the same dividend
as was paid at the corn-sponding period of the last year.
The gross income of the past six months
amounts to ... „, £192,432 17 0
The gross expenses, including interest
on borrowed capital, amount to ,„ 105,488 17 3

Showing a balance of . £86,943 19 9
of which after the payment of the diAder.d of 1/. 17s. 6d.
per share, subject to income-tax, there will : remain
3901 4s. 9d. applicable to the revenue' account of the
current half year.- - -
" The directors also recommend, IV emir irmity with
the notice conveyed in the last halt % yearly rep al, the
payment of 6 0001 to the holders of old 401. shares (con-
solidated eighti,s), being at the rate of 51. per cent. p r
annum on their capitaL from Ist Janu.iry to 30th June
last, from which day the 401. shareholders will be entitled
to dondend rateably with the preprietors generally.
" The Salisbury and Bishopstoke Branch, 22 miles in
length, was opened for traffic in March, and the South•
ampton and Dorchester Railway, 61 miles in length, was
opened in June last, but a failure in the tunnel at
Southampten, which has interpo,ed a break between
that lime and the main railway, has prevented the new
line from being worked with all the convenience which
could have been wished. The directors anticipate that
this obstruction will be shortly removed, and that a large
accession to the traffic will then ensue.

"The directors of the Southampton and Dorchester
Company have hitherto not felt at liberty to acquiesce
in an amalgamation between this proprietary and their
own, but this difficulty no longer existing, and your
directors considering that such a course must be mutually
beneficial, will at the present meeting request your
authority to perTe'et an arrangement fur the complete
union ot the two companies.
" With reference to the works of the company, now
under execution, the directors are happy to report that
ihe extension to Waterloo-bridge is in a most satiafan
tory state of forwarnness.
AU the branches and extensions sanctioned in the
session of 1846 are in progress ; and the directors see
no cause to doubt that the oranches from Weybridge to
Chertsey, read trona Eareham to Coshatn may be opened
in the spiing, and those to Godaltning and Alton, in the
summer of next year. The line between Basingstoke
and Salisbury being of heavier character, its completion
must not bi- anticipated before the spring 01 1849.
" Several purchases of land has. been made on the
London-bridge Extension and Hampton Ceurt Branch,
and both will be shortly under contract.
" Having thus briefly noticed the operations of the
company under their existing powers, the directors are
confident that the proprietors will feel satisfaction in
reviewing the important proceedings in Parliament
during the session which has just terminated.
" In the metropolitan district the company have pro-
cured powers to widen the main line between the Rich-
mond Junction and Nine-elms, and to take addi-
tional property for enlarging the site of the proposed
station near Waterloo. bridge.
"In the Richmond and Windsor districts, Acts have
been passed for making extensions from Richmond by
Staines to Windsor (including a loop, passing by Chis-
wick, Breutford, and Hounslow), and trom Staines by
Egham, to the main line nearFartibrough, with a branch
to Chertsey. In the capital of these undertakings
(amounting to 800,0001.) this company hold 520,0001.
An agreement ler a perpetual lease ut these lines has also
been entered into, and powers of purchasing them have
been obtained.
" In the Portsmouth and Brighton districts an Act has
been obtained for effecting arrangements between the
Brighton Company and this company for the joint
ownership of the, Brighton Company's line between
Cosham and Portsmouth, and for giving the Brighton
Company powers 'of running on the South-Western
line between Wandsworth and Waterloo-bridge. This
company have also acquired powers tor making an in-
dependent line from Cost am into Portsmouth. With re-
gard to the larger question ot furnishing further railway
accommodation in the country lying intermediate between
the South -Western and Brighton main lines, no progress
has been made, but the directors deem it right to take
this public opportunity of emphatically denying all in-
tention or desire to thwart the public requirements in.
this respect. In entire consistency with their repeated
opinions they have certainly urged, that to execute the
direct Portsmouth line would not be the best course for
fulfilling those requirements; and they trust that the
time is at. hand wh -n are n,;ein„ts way
be completed
for perfecting the railway
accotinnadation of this district
in a manner more likely to serve the public interests.
this company have obtained the sanction of Parlia-
ment for making a railway from Andover to Southamp-
ton, and power to purchase the Andover and Redbriclaw
Canal, on which the proposed railway may be, to a great
extent, executed. Arrangements have also been made
with the promoters of the Manchester and Southampton
Balla ay, by which (in the event of their procuring an
Act, in the next session, for the execution of such part of
their line us lies between Andover and Cheltenham),
hey will, on contributing half its cost, become join!
owners of the Andover and Southampton line between
Andover and Romsey, and will have rights of running
over the remainder of this company's line, by Ramsey
and Redbridge, to Southampton, and of using this coin-
panv's stations there, on terms of reciprocal advantage.
"-Of the branches promoted in connaxion with the
Southampton and Dorchester line, three, namely—to the
Southan.pten Water at Ming,- to Lymington, and to
We) mouth—have been sista:tamed by Parliament. The
Bill for making the branch to Blanoford has been prose-
cuted suecesstully through the Commons, but owing to
its being heard by the Committee to whom the lines west
of Salisbury were rein] red, it was necessarily so delayed,
as to prevent its being passed into a law during the late
session. It will be resumed next session, when, the op-
position to it having been already fully heard, no doubt
of its success need be entertained.
‘• With respect to the great extension lines from
Salsbury, westward, although the directors are unable
to report final success, they believe that it can be no
longer doubtful. The necessity of, waiting tor the re-,
port of the Commissioners ot Raile,;eys upon the financial
;wean) of the company, led to considerable dela). in the
first instance. end the inquirt
it-elf. cenducted asit
was befere a Committee
quite niieetnepled in the patience
and care with which they investigate , the subject,
was protracted to sa great a length (fifty-three days),
that it was only on the 2d of July that the Committee
unanimously decided in favour ot these tines. These
Bills have, therefore, been suspended under the tattlers
or the Houses until the next, session, and after the un
paralleled examination by three Committees in the last
and present ear, and their unanimous decisions in
favour of the execution of such lines by this eotnpant
and their allies, any further attempts to oppose the
opinions of the district, and of Parliament, can scarcely
succeed even to the extent Of causing further delay.
t
'• The Bill for extending the period for executing the
Exeter and Exmouth Railway, and for authorising this
company to subscribe towards its capital, and lease or
eurchase it on the terms which have at a former meet-
ing been sanctioned by the proprietors, has received the
Royal assent.
" West of Exeter, the directors regret that the
opposition referred to iu their last reptirt, was
unsuccessful, and the companyr were prevented
submitting the Plymouth and Truro lines to the
consideration of Parliament on their merits. Under
these circumstacces, the directors considered it
their duty to aid in the oppositions raised in the locality
by the Bristol and
against the various lines promoted
Exeter, and South Devon Companies, and the result was
the rejection of the Creditors and Launceston, the
Plymouth, Tavistocls, and Launceston, and the Laun-
ceston and Liskeard Bills ; thus effectually preventing
the occupation of the district by hostile and less compre-
hensive undertakings, and obtaining a further recogni-
tion of the greater value and importance of the measures
proposed by this company.
-
"The Bill for improving Sutton Pool, the great corn
mercial harbour of Plymouth, and for authorising this
company to subscribe towards it, and to assume an ade-
quate share in its nsanagenient, has passed
into a law,
and the directors believe that the company rave thus
obtained a position of the utmost valise in Plyrnoth,
when the strongest teeling in favour of the extension
thither of a railway, on the national gauge, continues to
prevail.
" The Bill for authorising, the lease of the Taw Vale
Railway by this company was referred to the Commit-
tee w'h'en had char to of the Bills east of Eaeto., and
from tins eireuirtstanca could not be brought under dis-
cussion before the 9th of July last. It, therefore, re-
mains suspended snider the resolutions of the Houses,
and mill be resumed in the next rsessit,n, Mean-
time the Taw Vale Company have atiquireil powers
for theexacta n or tw, braseh lines (to Bideford
and South Nlititan.), s,bieh will afford ituportasit further
sstsantiantation to No: th Devoii, and it is nlso extremely
probable that, by use adslition of the Ex, ter anti Credi-
tuu line (to be included the inteutled lose to this

By traffic

3,324,935 5 0

PRICE SD.

COL

tz;, r:rbpr ^f thin
Thccahal llou so
ti-pose of electing 4
)1 the present pre-
and for the trans-
:owles, G.C.8., the

_ MI, Ast general meeting were read and
confirmed, and, after the other preliminaries, •
Mr. GILLET moved that the present council be re- ,
elected. The motion having been seconded,
Dr. WrrnEratEAD said, that while he was
that ih'e present presidet,t and council should notresioll.-
their office, he could not agree as to -the propriety f,tfic;%-
mode they suggested.for•improving the tilical condition
of the school, by the admission of civilians, the oppo-
sition to which had led to.their resignation.

Lieutenant WiLKER, H.N., stated bat, though be Was
opposal to the views of the eiuucii, he would still vote
,for their re- _ „

The CMAIRHAN having put the tnotter,
Capt:,iti I ,ICKSoN said, that while he was oppo.sedtttn.
the mezt;ti: e --propos,ll by the council, he- was ;it!
desirout, that they should return to their (Pice, •
was aiare (f the ditlica ties with wh ch the council h,,cl.
to •coutu,LcL He thought that the resources of the ,:oc:ety
might:he augtnented by, other- means. (Tee Gallant'
Gentleman here read. R letterirorn Dr h.eiCl, v. l,", he
scat, d, hail great experience it; 1,1:(' the
ipesent, and WOO recou.mended•that ^ gi3 .d education at
a low price, which. however ;should cover the esp, uses,
should be given, and by this means the number of pupils
would be increased.) Tree t,-male school t‘a., a pettern
:or them to adopt with, respect_to the school for the bola,
be-atzse there it was evident tiow-tce funds of the school
were applied,
Alter s.tne diseussion; •
The (4.llant PrtEstnENT acid, that having heard
from
various members of the co-o..ration that it was g• ne-
rally desired thdt they should -retain th•ir offi,•
they
hail determined to do eo. He wished it, however, to be
understood, th,,t; to the plan which they neon ,sed they.
•till adhered. The feet Was, Vint they had built tuo
la! ge a school. They had built a school calculated to
contain 600, white .the profession could only ,end to it
150. The equneil, however.. s ready to. receive any
suggestions that mightbe offered by any member of the
corporation. _ _

Eivutetitta WALKEtt here produced two letters. A h;che
he tool address. d, .me to the editor. f the _United Ser-
vice.Guzette, told toe other .to the Right 11. n. Lite Eirl
of Auckland, in which ths,- gallant writer-tit precated
tronglY the..adraission of civilians into the z.choot, which.
he contended was t-tally at variant.e with the ohjeet of
the institution. The pailant wrier expresst.d
h, stili4 also to the, con'emplated 'appl!cation to
Governau-nt tor a .-sum of. money, afIA tAiggested
that the entraPee fee or 10/. shoulti,be.ahilished; and an
additional eharge.of 2/. to all.pupils paying full te lm-
Oise& • The payTaisho.: LOVaiit!e. tu.,bc r4e..iiti.or;Pre
instead.' of nalt-parly. and alio a quarter Ys ranee to e
given b:fore the removal ut any -p..pil, and b ISO tista
there should be an improved education afforded, the pre-
sent being very _

The resolut:on was put awl earri..d unanimously.
Thanks were %ottd to the Chairman, and the meeting
eparatvd.

,C,C/ C__74/1-1.,4,02.---f44._..e2) / APPI4At4e4I -
rn-,t:,-ftor
i I ROYAL N
1 ktAL gc r. 4.4-,, 4,,,,,,,, . \". • ~.. f
~...;..
f..lr pora,ticn was bola ye6tcrday at the
. 1 I
- - li
.. 1,14 "• , , _
, , Tavern, St..lames's street,tr
the
pu
-- Ip '
)/L resident az:d council-in the room of
) t ' lent and council, who had resigned,
. * ' +
' .ae "on of other busineEs. Admiral B.
. , .
i A
~opeasewronswe ... T-3 r s:went, took the chair.
, , he minutes of the last general meeti
•