The Sun.
London, England, 1847-08-31 00:00:00

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THE TAW VALE RAILWAY.
(THIS DAY.)

The ordinary half.yearly meeting of this company
svaa held to•day, at the London Tavern, at one
o'clock, for the transaction of the ordinary business
of the undertaking ; Emanuel Cooper, Eq., in the
chair.

But a small number of shareholders were present,
rod ~Orne difficulty was experienced in getting the
nu cr,i-k: Ilati:ute a• eeting.
'tivertisement ceiivening thomeeting—hgaipg_
beef: ~4(.1, and the seal of the company affixed to the
reg •er of proprietors,

• SF.RETARY proceeded to read the report,
whie:. .stated that the directors had the satisfaction to
state that the Bill for the branches to Bideford and
Southrnolton, and for enlarging the docks at Ere-
mington, passed the Houses of Parliament and re-
ceived the royal assent on the 22d of July last. The
works reported to be under contract at the last
general meeting were proceeding satisfactorily.
The permanent way is laid down for nearly
the whole of the railway from the docks to
Barnstaple, but the directors have not con-
sidered it advisable,C under the recent circumstances of
the country, to proceed very rapidly in constructing
the railway. The surveys are completed for letting
the entire works on the remainder of the line from
Barnstaple to Crediton, and the surveys are nearly
complete for the Bideford branch, which it is the 1
intention of the directors immediately to proceed
with. This branch will, in connexion with the line
already completed, and the other parts which are in a
state of forwardness, enable your directdrs simulta-
neously to open for traffic from sixteen to nineteen
miles of the line, and this they expect to effect in the
autumn of next year. They
railway
unable to proceed
with the Bill for leasing the
Western Company, owin—
g- to the to the South-
Western of the
House of Commons, to whom it was having
devoted so long a period to the South-Western
other prejects west of Salisbury and towardseExeatenrd
They, therefore, availed-themselves of the resolution.
of the House of Commons to allow the Bill to resume
its present position in the ensuing session of Parlia-
ment. They had pleasure in congratulating the
shareholders upon the success of their allies, the
South-Western Company, during the past session
of Parliament, by which the interests of the
two companies are materially promoted. The
agreement for leasing the Exeter and Crediton
hallway, under guarantee of the South-Western
Company, has been approved by the shareholders of
the respective companies, and sealed necordinaly. In
conformity with the agreement with the London and
South-Western Railway Company, the directors
recommendlas that the interest due to the 30th of June
upon the deprs:ts and calls of the e c pital stock
of the company, raised underthe Act 1 Vic., cap. 27,
and 1-:e B,h and 9th Vic., eap. 33.5 shall be paid.
The statement of the accounts up to 'June 3 showed
the receipts to have been 98,2231. 3s. 4d.,
expenditure 81,492/. 2s. 71leaving; and the
hand of 16,7411 O. 9d. baann° in
The CuAIRMAIS stated that towards the end of 1
week one of his colleagues and himself had
that g ot the
n ee
ovor the line, and were enabled to report
prog.refs already made had been most satisfactory ;
and t:.:at from the information they Vitiriollected, that
the line, when completed, woul.e.g, the most
sac pine Vectaticas YvbictOle had tOOrectura bad