The Sun.
London, England, 1847-03-01 00:00:00

ASSETS.

Investment at bankers' £30,000 0 0
Current account at bankers'
Cash in secretary's hands
Call unpaid .
Forty shares on hand l4O 0 0
Interest on investment to this date
Furniture, fixtures, &c.

LIABILITIES.
Sir John Rennie claims *.£10,488 0 0
Messrs. Williams and Breese claim
Mr. Sturmy
Auditors
Direction
Dividend on deposit and call not yet
applied for
Incidentals, including salaries and rent

40 0 0
350 0 0

87 15 8
80 0 0

• Amount disputed, and now under the consideration of a
court of law.

The following abstract of expenditure from passing of
the Act, 1845, to the present time, was laid before the
meeting :
Engineering expenses
Parliamentary agents
Law expenses—Mr. Shaw, solicitor to Mr
Archer, taxed costs in suit against him 2lB 12 4
Compensation—Messrs. Poole and Powell,
solicitors to Mr. Griffith, of Llanfair 4OO 0 0
Stationery account—books, stationery,
stamps, printing, engraving, certificates,
&c.
Salaries
Rent
Direction
Furniture, &c. Ssc 223 13 6
*Office expenses, 1845 and 1846 202 14 2
*Miscellaneous expenses, 1845 and 1846
Travelling and deputation expenses
Auditors

£3,896 19 7

* These items include the entire expenses since the forma-
tion of the company.
The CHAIRMAN then said that the directors had hoped
to come to some arrangements with other Companies
to take the concern off the hands of the Company at a
fair and ample remuneration. The meeting was aware
that great influence had been used to injure the interests
of the Company by a person whom he would not then
descend to name, neither would he enter into the state-
ments put forth by that person. It was the opinion of
the directors that it would be advisable to construct the
line only between Bangor and Carnarvon. He would be
perfectly ready to answer any questions which might be
put to him. He would move that the report read, be
received, adopted, and circulated.

A SHARMHOLDER wished to know the position of the
company in regard to the claims of Sir J. Rennie.
Mr. STURMY, the solicitor to the company, said that
' Sir J. Rennie had brought his action, which had been
pleaded to upon two grounds—first, that of payment ;
and the second plea would raise the whole question, by
trying the general issue.
Sir J. RENNIE wished it to be understood that he had
done all he could to arrange the matter with the com-
pany ; he did not wish to go to law, far from it.. At-
tempts to arbitrate the matter had failed, and he would
have no objection to have the matter referred.
Mr. BUTLER put a number of questions to the
chairman as to the truth of a number of statements
contained in a pamphlet published under the title of
" A Black Book with a White Cover," by the late secre-
tary of the company.
The CHAIRMAN said that there was not a word of
truth in any of the statements contained therein.
Mr. AttellEa, who, it appeared, was the late secretary
of the company, contended that the statements were
borne out by fact, and prepared to read a number of
entries from a suspicious looking book with a cover of
brown paper (the only document in existence containing
the early history of the proceedings of the company),
but in consequence of the confusion created by this
mode of proceeding, he was length compelled to desist.
Mr. MOTT proposed, and Mr. SHAW seconded, an
amendment that the meeting be adjourned, and a com-
mittee be appointed to inquire into the state and pros-
pects of the company.
The amendment was lost by a large majority, and the
original resolution was then agreed to.
The following gentlemen were then appointed directors
of the company for the ensuing year : —Mr. Alexander
Ross ; Mr. Walter Jones ; Mr. Joseph Shaw, of Hud-
dersfield ; Mr. Lawton, of Manchester ; Mr. Thomas
Holmes, of Hull.

Mr. Charles Hill was also re-elected to the office of
auditor to the company.
Again a scene of the utmost confusion ensued in con-
sequence of Mr. Archer's entering again into the
question of the statements of the " Black Book." In
the midst of this confusion a shareholder proposed a
vote of thanks the chairman, which was unanimously
agreed to.

—The meeting then broke up, having lasted for upwards
of three hours, and leaving Mr. Archer to the perora-
tion of a very violent speech.

THE BIRMINGHAM AND OXFORD
JUNCTION RAILWAY.
RENEWAL OF THE WAR BETWEEN THE
GREAT WESTERN AND LONDON AND
NORTH- WESTERN.
On Saturday afternoon, at two o'clock, the usual half-
yearly meeting of the Birmingham and Oxford Railway
Company took place at Dee's Hotel, Birmingham. As
it was expected that the quarrel between the two great
companies, the London and North-Western, and the
Great Western, would be re-opened, mostprobably, with
greater violence than ever, there was a very strong
muster of the friends of both companies from I.4iverpool,
London, and all parts of the country. Among the per-
sons present we observed Lord llatherton, Mr. Charles
Russell, M.P , chairman of the Great Western ; Mr.
Spooner, M.P. ; Captain Carnegie, M.P. ; the Hon.
J. C. Talbot ; Mr. Muntz ; Mr. Brunel, engineer of the
Great Western ; Mr. Saunders, secretary of the Great
Western ; Mr. Moeely, of Liverpool ; and several of the
directors of the London and North-Western Company.
Mr. Muntz, chairman of the company, and brother of
Mr. Muntz, M.P., took the chair.
The SECRETARY having read the advertisement
calling the meeting, and also the report, which was
very brief, and merely referred to the measures which
were being taken to forward the works, and to the cir-
cumstances of a call of 51. being about to be made,
The CHAIRMAN rose to move the adoption of the
report, and in doing so, begged to state that every effort
would be made to complete the line as speedily as
possible. Some unavoidable delays had taken place, but
he had no doubt that the line would be completed
within the specified time. With regard to the delay
which had taken place in getting the transfers made,
and regarding which there had been many complaints,
he begged to say that the delay arose in consequence of
the impossibility of getting the transfers completed as
rapidly as they were applied for. For some time they
had had as many as one hundred and fifty applications
fur transfers in one day. The call had been
met with a promptitude never surpassed in the
history of any company. Indeed, so eager were some
gentlemen to make sure of having paid their calls, that
they actually wished to pay them twice over—(Loud
laughter)—and he was sure the forthcoming call would
be quite as well responded to. He wished to take that
opportunity of stating, that since the agreement with
tha Great Western had been completed, an offer had
been made by the London and North Western Company,
of much higher terms than they had received from the
Great Western. He felt it his duty to make this inti-
mation to the shareholders, in order that they might
officially be acquainted with all the circumstances con-
nected with the case. It was the more necessary he
should do go in consequence of what had since occurred.
The directors could not accept of the of of the London
and North Western to take the line at 15/. premium,
because they had previously ratified the bargain with
the Great Western Company. Mr. Moseley was the
gentleman who gave the first intimation of the intention
of the London and North-Western Company to make
this utter.
Mr. MoSELEY—I beg to state that the offer was made
by me, but not in the name or on behalf of the London
and North-Western. I wish this to be distinctly under-
stou;!.—(Order, order, and hear, hear.)
The CHAIRMAN—The London and North-Western
had since then made the same offer in a letter from that
company.--(Hear, hear.) I deeply regret that the offer
has been made ; for the offer having been made after the
line had been legally sold to the Great Western Com-
pany, it had only had the effect of creating a great deal
of unpleasant feeling.—(Hear, hear.) I must also al-
lude ti 4 a letter which some time ago appeared in the