The Sun.
London, England, 1840-03-02 00:00:00

EVENING EDITION.

GRAND JUNCTION RAILWAY

COMPANY.

The seventh half-yearly meeting of the Grand Junction
Railway Company was held on Saturday, at the Company's
Office, No 68, Cheapside.
The CHAIRMAN of the Company, Mr. Cash, took the
chair at one o'clock. and after having ordered the adver-
tisement ca!!ir;g the meeting, to be read, proceeded to sq
that he ivoul:1 not have to detain the Proprietors long, as
[)rector- had little or nothing to add to the
expl, nations they had given on former occaßions.
He thought that, in ordtr to succeed in their objects, they
snould, if possible, bring the terminus into the City of
London. It was only in compliance with the Act of Par-
liament they had been called together that day. He could
not say what chance might turn up in • heir favour, and he
could still only hold out hopes to them for the present.
The report was then read, which showed a balance of
4,4551. 13s. 31d. in favour of the Company.
Mr. Caaval.no wished to know if the sum of 2001.,
which had been paid to the Solicitor of the Company,
was the entire of his claim against them ?
The CHAIRMAN said that the entire of his account was
paid up to March last, and his charges since then must be
very trifling.
Mr. CARVALHO asked whether the balance of
44551 13s. lid. was at interest. and ,n is hose bawls, en'
at what rate of interest it was ?

The CHAIRMAN said the sum 3 500/. was in the L•aa-
don Joint Stock Bank, a,,d was ins, -ted a few days ap,
for three months, at 31 p,r ce;:t The balance of a•o4il
was it, their han,ls also.

A PROPRIET“It a.ked whot. in rou d numb rs, was the
amount of dvbt in which th Company was up to the pr, -
sent morrow- ?

The CHAinmaN -aid he h••d no doubt it was 4001.

On th- motion being put that the Report be received,
Mr. GALLOWAY '.aid, before the resolution was carried,
he wished to knew what was the reason the Company bad
not gone to Parliament this S-ssion ? He thought they
were only losieg time and interest by delay.
The CHAIRMAN slid that, having been unsuccessful in the
last application to Parliament, it was thought better not to
apply again without some better chance of success, which
he thought ;hey had not at present. They could not do
so, moreover, without an extra call, and thought, under the
present circumstances of the country the call would not
b:- responded to.
A SHAREHOLDER asked if the Shareholders in Mulches-
ter had paid up their calls, and when the time would ar-
rive that, if they did not go to Parliament, the Company
must die a natural death, and also what would be the ex-
petite of an application to Parliament?
The CHAIRMAN said the cal; at Manchester had been
paid up, and t"e Conitnmy would expire in July, 1843.
unless renewed by Parliament.

The ziOLICITOR of the Company said the expense an
applicati••n to Parli,ment would be at leas, 8,0001, for it
would be nr•cessary to serve notices on -very occupier of
premises on the lire of road, which were about 3,090, ...rid
which could not be done for less than 11. each.

Mr. CARVALHO said they were told the Company had
op yards of 4,000/. in hand, and as they could not divide
it he thought they had better spend it in an application to
Parliament, which, if unsuccessful, would leave them in
no worse situation thn they are at present. If they were
successful he had no doubt a call would be responded to.
Mr. GALLOWAY thought, as the expense was so great,
&tad the chance of success so small, they had better revolve
it in their minds against another meeting. He thought
many persons would think themselves well paid for serving
the notices by 500/.
The SOLICITOR said be differed from the last speaker ;
for himself, he would not do it under the sum stated.
The CHAIRMAN said, though he thought they had no
chance of success at present with Parliament, he did not
say they might not hereafter have ; but as it appeared to
be the general feeling of the meeting that an application
should be made, they had better pass a resolution to that
effect, and if they and the country shareholders would en-
courage them to do so, by paying up a call, they were
ready to do so.
In answer to a question, the Chairman stated a 21. call
would be sufficient for the purpose.
Mr. CARYALHO said he wished not be understood as ad-
vocating a call for this purpose—this was not the case. He
wished the money in hand to be expended for the purpose.
After some conversation on the subject, the Report and
the statements of the account were read and adopted.
Messrs. Cash, Fish, Edwards, and Haynes, the retiring
Directors, were then re-elected for the ensuing three years.
Mr. GALLOWAY then proposed that an account should
be laid before the Company at its next meeting of the ex--
pense of ascertaining the number of assents and dissents to
bringing their case again before Parliament. After some con-
versation, however, the resolution was withdrawn, it having
been agreed on to leave any proceedings on that subject
to the discretion of the Directors.

Mr. Fin, after strongly eulogising the Chairman's zeal,
ability, and impartiality on all occasiorts, proppsed a vote of
thanks to him for his services, as well generally as on the
present occasion.

A SHAREHOLDER seconded the motion, which being car-
ried with a vote of thanks to the Directors,
The CHAIRMAN returned thanks, having expressed his
hopes that at their next meeting he should have a better
account tc lay baler,' them and the meeting separated.

MARKA.I.I TELLIGENCE.

COUNTRY CORN MARKETS DURING LAST WEEK•