The Sun.
London, England, 1847-01-20 00:00:00

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b.reha re 7v on
SUN OFFICE, Seven o'clock.

NORTHERN COUNTIES UNION
RAILWAY.
SPECIAL GENERAL MEETING.—(THIS DAY.)
A special general meeting of the shareholders of this coin-
',any was held this day, at one o'clock, in the London Ta-
vern, Bishop gate-street, for the purpose, as stated in the
advertisement, " of taking into consideration, and approving,
..r otherwise, the proposed application to Parliament for the
partial deviation of the line, arid the ameodintmt of the Act
constituting this company. Also, in -e.iinp!ianee with the
2equisition of the shareholders for the further purpose of
taking into consideration and approving, or otherwise cer-
tain propositions for an amalgamation of this company with
i lie Liverpool, Manchester, and Newcastle-upon-TyneJunc-
tian Railway Company."
Considerable interest was excited in consequence of the
following counter-notice having been advertised in the
London journals :
"TO THE SHAREHOLDERS OF THE NORTHERN COHNTIE3
UNION RAILWAY COMPANY.
" In reference to an advertisement in the Morning Chroni-
cle on Monday, the 22d inst., calling a special meeting of the
Shareholders of the Northern Counties Union, to be held on
the-20th of January next, at the London Tavern, London, at
welve o'clock, for the' purpose of consideoin-, the propriety
4,r otherwise of an amalgamation of the said company with
the Liverpool, Manchester, and Newcastle Junction Railway
s ',ompany, we, the undersigned, being directors of the
Northern Counties Union Company, consider it our duty to
rtate that we dissent from the proposed amalgamation, and
hall be prepared at the above meeting to give our reasons
for such dissent.

(Signed)
" W. CrACKANTIIORPE, Newbiggin 'Hall, Westmoreland
"11. nowsun, Grey stoke Castle, Cumberland.
•' H. PEAent Pi...,rrernont, Darlington.
"J. WIIITWELL, Kendal, Westmoreland.
"J. C. IlorKisis, Woodside, Darlington."
The meeting was therefore densely crowded.
Major Beresford, M.P., was called to the chair.
The advertisement calling the meeting having been read,
The Ca.tUtMAN said that this meeting had two distinct
objects. In the first place it was the intention of the directors
to lay before the meeting, for their consic:eration, an
amended Bill, which was to be introduced into Parliament
during the present session. That Bill he considered, and he
trusted the meeting would consider also the effect of a resolu-
tion passed unanimously by the shareholders of this company,
at a general meeting held in August last. If he understocri
I tie intention of the prospectus, it was that the simultaneous
construction of two lines of railway—the Yorkshire and
4 llasgow and the York and Carlisle—would be injurious and
detrimental, and contrary to the wishes of the shareholders
.4 this company. if he were mistaken in this view of their
wishes, they could state that he was wrong, and • firmly
and decidedly express the opinion which they really held,
:and the intention which they meant to adopt in consequence.
f his reading of their wishes was the correct one ; if they
Old consider that the simultaneous construction of
hese two lines was opposed to the general interests
of the shareholders, if they did consider that it was right and
jast to let them hare the expenditure of their own moneys,
I hen. he said, they were justified in bringing forward the
:intended Bill in this session. It was proposed, and would
be laid before the meeting that day, and they could then say
whether they would wish it to be carried through Parlia-
enent. If, on the contrary, they said that the chairman-had
mistaken their views, then he would at once accede to their
opinions, but until they did so express themselves,
lie should hold that he had acted in obedience
to the wishes of the shareholders of the company.
Another matter in the Bill was to diminish, to some extent,
Vie amount of their capital.—(Cheers.) When they first
.vent before Parliament, the amount of their capital had been
thund more than sufficient (after calculating all expenses)
inc the construction of either or both of their lines. Th,
consequence was, that they were enabled to limit the capital
,o 2,500,00 0/. if they constructed the Yorkshire and Glasgow
Junction, and the York and Carlisle; but, if they confined
hemselves to the former, of course they could diminish their
e.ipital still further. After the first object, which
liad called them together, was dispossed of, they
-would proceed to place the second before them.
The requisition for calling the meeting to consider
this subject had been numerously signed by shareholder:,
laving shares in the Leeds and Carlisle, the Yorkshire and
ilasgoN" Junction, and the Liverpool, Manchester, and New-
castle-upon-Tyne Junction. Certain conditions proposing
an amalgamatiion had been submitted by the latter com-
p toy, but he could assure the meeting, that these conditions
had not been accepted by the directors of the Northern
Counties Union Company. After some further remarks, the
Chairman called upon the Secretary to read the follow-
ing report :
" The present meeting has been convened for two objects
as stated in the advertisement.
" First,—for the purpose of taking into consideration and
approving, or otherwise, the proposed application to Parlia-
nient for the partial deviation of the line, and the amend-
vent of the Act constituting this company.
" Since the first general ordinary meeting of this Com-
p Any, your directors have turned their attention to carrying
into effect the resolutions of that meeting with respect tc,
the re-survey of the more expensive portions of your line,
and for making the necessary preparations to proceed ti
Parliament In the present Session for an amended Bill, ac-
cording to the report adopted at that meeting.
" Your Directors have to state that a re-survey of the ex-
pensive portions of your line from Smardale Gill to Barnard
_Castle, has been made by Mr. Harris. the engineer to the
original York and Carlisle line, with a view to diminish the
cost thereof, and that, upon examination of the sections,
your directors unanimously resolved not to adopt his plans
and survey, on account of the severity of the gradients.
"In compliance with an agreement entered into with the
Liverpool, Manchester, and Newcastle-upon-Tyne Junction
Railway Company, a deviation of your line has been surveyed
at the point of junction with that company's line, in order
to make ire levels of both coincide. This deviation will im-
prove the line, and is estimated to effect a saving of expense
in constructing it.
"The draft of the Deviation Bill will now be laid before.

you.
" Your directors have the satisfaction of stating that they
have entered into a further agreement with the directors of
.the Liverpool, Manchester, and Newcastle-upon-Tyne June-
, ton Company for the joint construction of the line from
• Carperby (the point of junction) to Wath.
Secondly,—ln compliance with the requisition of the
arsholders for the further taking into consideration and
approving, or otherwise, certain propositions for an amalga-
mation
• 3gewegthis company with the Liverpool, Manchester, and
of which yrouloon. Tyne Junction Railway Company, the terms
The cumilldirectors submit for your consideration."
and he would move
said, that they had heard the report read,
shareholders.
ehthat it be received, adopted, and printed
for the use of the
Mr. SAMS seconded the
and it was carried unani-
mously.
The CHAIRMAN then read the clauses in the amended Act,
the principal of which were theta,
12thi and 13th ; the former
of which enlated that the c
proportions,
in the former Bill
was to be expended in equal and i•imultaneously,
in the construction of that part
etn_is,l:7tornailway
which was
Auckland
in the con-
Ai, toted botwe in Thirsk Wath and
Carlisle),
Tebay,
WI-ix:ion of that part between Bishop
but at
(t!ie only part remaining of the York and
be e p ncLid simultaneously, the ,Zliirld
not
e, directors. and on any part of the line; the last to of
therise that the capital be 2,500,0001. instead of 3 000,000/.
1L concluded by moving that the Bill be agreed to by the
shareholders
Mr. Sans seconded the resolutddreion.
3lr. How.tarr, in a long as, moved an amendment
ti at the simultaneous clause be kept inviolate. He con-
ti
that it was an attempt on the part of certain of the
directors to throw the only remaining portion of the York
and Carlisle Railway overboard ; lie meant that portion of
the line between Auckland and Tebay, and on the part of
those who had paid their money for the construction of that
p. rtion, he protested against the doing away with the clause,
ar.d he would demand a poll on the subject.
Mr. EAST seconded the amendment, which was supported
Mr. Crackanthorpe, Mr Pease, and other gentlemen.