The Sun.
London, England, 1841-01-28 00:00:00

iONDON AND BRIGHTON RAIL.
WAY.-(YESTERDAY.)

1f-yearly meeting of the Directors and Pr
prietors of o-
the London and Brighton Railway Company
tookplace yesterday at the London Tavern, Bishopsgate-
street. There was a numerous body of Shareholders
Present.

The hal

At one o'clock the chair was taken by JOHN HAR-
the s
14"1 N.. Chairman of the Board of Directors, and
Secretary read the advertisement calling the meeting.
The CHAIRMAN said the proceedings of their half-
Yearly general meeting naturally partook of more in-
terest as the works in which they were engaged pro-
gressed towards completion. It would be his duty
Presently to call their attention to the Report of
d Directors, a document drawn up with great care
;411 Directors,
with a view to furnish them with every
t-uformation with regard to the carrying out of the und-
"teklag to its present point. By that Report it wouli
0 seen that since the last general meeting the D -
rectors _a
hem not been idle, and when he now told them
h
that there would be a further capital required to finisi
tile orks, he had the pleasure or adding that the D -
any did not intend to call upon the Shareholders for
-41 Inure Money. At that period of the proceedings it
Itaald not be necessa-ry for him to go into further detail
, ntatil the
t!. Report had been read to them ;he should ra-
e-teteseek an oPportvnity later in the day to explain any
rs connected with the Report, and to answer any
ettestions that might be put to him.
tots,The SEennTABY then read the Report of the Dirac-
frem which it appeared that—
Drt/r" The Works on tha etire Line had been carried on with
' end were in an exceedingly forward state, nnel.thens
of "tars were enablerl to confirm their former anticipattioid.
a atZPit 13,F the Line to Hayward's-heath not later than II .
Putman, t, (tad throughout to Brighton in the ensuing
o,_
es
beetrearril Fled
opening of the Shoreham Branch there have
trallc is ad opening
it 123,436 passengers. The goods
next theiltre°9l on the increase ; and by the end.o.f March
freak wh. Latian at Brighton will be ready to re,ceivecoals,
A Corn„le`i the Directors expect a considerable revanue:
railrealrenY has been formed for the purpose of making a.
and ttip n,"4 Worthing, to join the ShorAirn 13raneldi ,
fa the -4.'irectors believe that an application will be made
lenW.nest Bession of Parliament for
will
to make -
Port and 4 theY confidently hope it will meet wi.tnhttLiee size.
• seek co operation of all persons interested I
I*: the London and Brighton Railway, to which it must
w:a,Lmost advan'iageous auxiliary."
ter..." tespeet to the station at the London-bridge
wants, the Report stated—
et" At b
the
Le last fleeting, the Directors adverted to the
fstate
stated—
et-..0 preeeenin s before Parliament on the subject
ionatehd
4141;3, at Londogn.bridge. These proceedings term
to
co:Hying Powers to the Greenwich Railway Compaonfythe
met two additional lines of rails to the south
Present j•
the Croydonmo from London-bridge to Corbett:a-lane, where
lit, Was diverges from the Greenwich Railway; au_tho-
- "a 3 4110 given to the Greenwich and Croydon Corn-
. !Zits to x b
e -c-aage stations, and the latter Company
odi); at
Act of the same Session, empowered,
sooth
itSterrii3 COnjtleetioll with the Brighton and ..
to Itttie'"e. ' or alone, to procure an additional space for a
Ap beyond that which the Greenwich Company D
iteride 7°4 have in exchange for the Croydon station ; t. ishe
considered it advisable, in accordance with
the 6"er given at the last meeting, to co-o.perate with
' these r°•deu and South- Eastern Companies in effecting
la 14:b.lects ; and the have for some time been engaged
ofe4ring the necessary arrangements. Three membersd
streeineatir
brd have met weekly on the
.subject, and an
atno
-meet, ,r,,_ as been entered into for carrying them in
toyer; 4 Elle L
A, suostance of the agreement is, that. a station
'erne ,114 the present Greenwich Railway station, with
Poses her- ground adjoining, and sufficient for the pur-
pmie of the South-Eastern, Brighton, and Croydon Corn;
of th_ll) es a City terminus, shall be built at the joint cost
onlyl.2tell..re_e
.Companies,
by
which this Company will n?
cleat static ..re to itself the advantages, of agood. and sufh-
at one.,,n at one-third of the cost of making it, but also
bale, 1: uji d of the cost of maintaining and managing the
teeted.,;4l their it will he fully represented and pro-
kr. G
posorlitri
oitiostion:),lD wished to offer an explanation. relative
_
which had been made to him in the Ke-
Ch al °lie of the Directors, in having filed a Bill in
eacera .
proceedings
laotk , against the Company. These
.P
show, ee,ter have been instituted if the Directors had
whiel;,,that disposition for an amicable arrangement
bad ~.°931 took credit for. He complained that they
14.0 •a,ese
P a `` him justice, and when an arbitration was
liod-,°,8e.) the Directors, he was given to understand,
cad
„:"Itted that it was their intention to avail themselves
tlier,:rY legal and technical objection. He was justified,
te°re, in saying that they had shown no dispositio
terkitl° an amicable settlement, although he stili enn
that tt,"' a hope that such would be brought about, and
A° al differences between himself and the Company
1.1)(11 be satisfactorily arranged.
Ao4itie c IlArltitAN said they must all admit that his
ille wo°erldeit the present occasion was a painful one, but
'melt. d re he
that every disposition consistently with.
sell'aJtY to the Shareholders had been shown by him-
e, "a.,7 his brother Directors to meet the wishes of
G He could not, however, allow the
eamr-lade9t of Mr. Goldsmid to go forth without some
illielieticm, and should therefore call upon their
tiedif-a-La solicitor to state how the case really stood ;
hi Protect` Proprietors thought they had been too guarded
to taasing their interests, the Directors would bow
tir".°Pinons of the meeting.
gime r, 11,1atioensox objected to any discussion taking
to 4 -4 tne subject, more especially as it could not lead
leevell satisfactory result. He thought it better to
Sad the Matter to the good feeling of Mr. Golds
in° a.. mr.
staireeters.
sfford I.°IIEY thought an opportunity should be
gAin.e.cl the Directors of vindicating their conduct
sew:" the charges brought against them by Mr. Gol
re..ev
011 difche was rightly informed, Mr. Goldsmid had
him li
"3" th;= land that had been purchased from
Ir'tuPle what it would fetch in the market.
lle eoeueltAtitstax begged to interrupt the speaker, and
leine,;l',uot allow him to proceed until he had ascehre-
stitieetWnat the sense of the meeting was upon the
1 A pp,
yoga-sit'alrroa said they had other very important
ape_ '7B tO transact, and if the discussion was entered
iv,up itc.ar,
uld keep them there till midnight.
t„,,, oTopt., I
(t/I Kiln "-" begged to remind the meeting that their
fe.og counsel was the son of the Hon. Gentleman_
tlitli tb°ld!olid) who had made these statements,.. and !list the loglaest opinion of the honour and integrity of
is
Wtentleman
. he thought there were natural feel-
the etillan would prevent his acting for the interests of
1 ...Pally.
hiki du CHAIRMAN said Mr. Goldsmid, their counsel,
As ijelined to accept any retainer in the present case.
tveyl(ll'. Goldsmid had sent forth a printed statement it
41eht efPe,rhaPa. be desirable to hear the counter state-
kr their solicitor, Mr. Faithful.
%kite "". RENNIE thought they ought to hear the
sahjec‘r B,taternent of Mr. Faithful, and then have the
Aft' uroPped altogether.
area
agree
some
A , discussion the question was put, and it
iktej,,L,e',l almost unanimously that Mr. Faithful's
Air:Vsunuld be heard.
Which .- Arrurer. then entered into a statement, from
itrOSidi„ta aPPeared that in the Act of Parliament it was
snahp.-: that a station should be made on Mr. Gold-
Iled 'er,,°,l);;ttY for the Shoreham branch. The site
ag „-"Y of land, and the price to be paid was
redGolcm. and the money ultimately paid to him.
coal t,..."'111id subsequently stated that the taking of the
Perty."4"° to the station would be prejudicial to his pro-
sette:,;.4nd the Committee to whom he made that reprc-
Q01(1 I"
recommended the Directors to agree to Mr.
itsee-8119's request, which they agreed to. A convey-
bia.), or the land was afterwards prepared in the ordi-
psey.waY, but Mr. Goldsmid's solicitor wished to have a
the 1110 inserted td prohibit the passing of coals along
co,:cad, or in the event of such being done, that the
course
siCtlant should be void. That was of
.cou
th';eted to ; the result was the institution of
I:I4e proceedings. All the concessions which the
.adteetrs had made to Mr. Goldsmid were taken
Sav42:ltage of, but the Directors were to have no. 1
skijiltilge whatever,while 1.1 Goldsmid could, if his
I r.
rho r was accomplished, stop up the entire traffic on 1
P 4,1.14% After entering into some further details, Mr.
4:•:_ful concluded by hoping that the Proprietors would
ister`uat the object of the Directors was to protect their
Meats, and that they would confirm their acts.
akeV. GOLDsmiD said there were many statements
to e hY Mr. Faithful which he could prove to be
hot Pbletely erroneous, and he would add, that if it had
laare Z 1 f.o r Mr. Faithful's advice the matter would
k g since been adjusted.
Pert:* a• J. WHALLEY moved the adoption of the Re-
a° C° which he did with great pleasure. He believed
itu 4)PeoY had been subjected to so much abuse and
DatlPeration as theirs, but he believed that no Com•
inle h,a.d had its affairs conducted with so much talent
tieing4ulitY. and he had no doubt of the undertaking
I ultimately, highly remunerative to the Proprietors.
s"' II L
NThe • • SdIAIL seconded the motion.
xt Cusattstast, in answer-to questions from Mr.
eNtiples andothers, explained that about 400,000/. would
atilt'2e the line, instead of 600,000/., as was estimated
last half-yearly meeting. They intended to have
is ; Y'two engines and about eighty carriages at start-
be haand if more were required, the Directors would
iii PPY to order them.
%rrie'2 tnntion for the adoption of the Report was then
The uoanimously.
thee reelfiv Directors, who went out by rotation, were
up,;;A ected without opositi
rwsielution for the foprfeitureon. of five or six shares
Pested.uteh the calls had not been paid up was then
After .
"tared ortue further routine business had been dis-
eetorSs aod, the ' th"ks
were voted to the Chairman and
meeting separated.

I,hia ~ATHYR•TYD T IRON TRADE.
totllting-..tPhortitit trade has been innEa most depressed state,
Natio e greater Portion of the past year, which &-
% 4 COrltinUed to its er, close. T_►:c new ycar h:lc!
PI'L 74' oPocad •
tn.! deruarid ic: with a sudden and decided hp pro efirarne rdi t.
tiZe itt (tn tte brisk, and l:r~„ 84'es have bN. o .. ,a. j
141"1 Of w l,nee of Ss. to l'Os. per ton, the preseut qt.o-
-.son
4014'flui48. on shipment being 71 10a per ton.—.
114,.,
(gn.