The Sun.
London, England, 1847-02-27 00:00:00

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1 f •,•,•- Vincent Eyre, Esq., and W. Read, Esq., were also elected
directors. The list-named gentleman returned thanks for
I. elected
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the honour.
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bt Sergeant GAZELVE then proposed John Ilibbert, jun.,
Esq., as one whom he had known many years, and as one
who, from the'possession of time, energy, and ability, was
we' I fitted for the duty.

seconded the nomination,. from his
perfect knowledge that the eulogy just pronounced was only
inst.
An amendment was then moved..that the vacancy ccca-
skined by the resignation of Hibbert, sen., should not be
tilled up until the next half-yearly meeting, which was put
and lost.

Hr. dibbert, jun., was then almost unanimously elected.
A PROPRIETOR then moved for the election of a board of
auditors, to which
The CRAIRAIAN stated that th..- board of directors
hid no objection to such officers, but in his opinion,
their appointment would be injudicious. He had never lost
money in any c mcern but one, and that had auditors. In
his opinion the appointment would only be removing the
proper responsibility from the directors, which they ought to
bear.
On the motion of Mr. CURRIE, it was unanimously de-
cided that the allowance to the directors should be increased
from 1,000/. to 2,0001. per annum, the increase to be made
from the last quarter-day.
Thanks were then voted to the Chairman and directors, and
the meeting separated.

LONDONDERRY AND COLERAINE
RAILWAY.
The ordinary half-yearly general meeting of the share-.
holders of this company, was held yesterday at the offices of
the company, 5, Church-passage, Guildhall ; Mr. Frithin
the chair.

The SECRETARY read the report, from which we make the
following extracts:—
"Although the works generally have almost kept pace with
the funds at the disposal of your directors, they regret that
the progress of the embankment during the winter has not
been equal to their anticipations; this is mainly attributable
to the unparalleled severity of the past season, which
has not only retarded the progress of the contractors,
but, in some instances, has partially damaged the unfinished
portion of their works. While your directors thus regret the •
delay arising from this circumstance, they point with peculiar
satisfaction to the proof thereby afforded of the great stability
of the works where completed ; as during a hurricane, the
most severe experienced for many years, with the wind from
the worst quarter, and at the top of unusually high tides,
not the slightest damage was done-to. the finished portions of
the embankments. •
Your- director& mindl`nloft4pressure of the times/ have
circumscribed the calls on the-sffareholders much within the
amount authorised by the Act of Parliament ; but they now
hope that, as the season for more activity in the works ad-
vances, that confidence which has hitherto been evinced
towards the undertaking will be continued, and thus enable
your directors to place the company in the position of ixer»
cising the powers of the Act for borrowing- a portion of the
capital required.
" Suggestions have been made to your directors that they
should, without delay, construct the Branch to Newtown
~Limovady. This subject is one of great interest, and will
receive every consideration ; but as such suggestions involve
some alterations in the course of the line, your directors will
not decide upon their adoption without the previous ap-
proval of a special general meeting of the proprietors. In
the meantime they take this opportunity of acknowledging
the very valuable assistance they continue to derive from the
active services of the local board, who are zealously alive to
the best interests of the undertaking."
Captain WATTS wished, before the motion for the adoption
of the report was put, to call the attention of the meeting
to a law report which appeared a short time since, in which
it was stated that an injunction had been obtained restrain-
ing the company from proceeding with the works on the
embankment, and the judge on that occasion was repre-
sented to have made sonic strictures rather derogatory to the
company. He wished to have some explanation with regard
to this point.
Mr. TYRRELL, the solicitor to the company, then entered
into a lengthened statement of the transactions and negotia-
tions that had taken place between Mr. Dimsdale, the original
proprietor of the embankment, and Mr. Hemming, the con-
tractor; as also of the proceedings in law that had resulted,
and coffeluded by saying, that the company had nothing to
fe.ir from any attempt, present or future, of Mr. Dimsdalz to
involve them in litigation, and the recent differences had
been arranged.

The CHAIRMAN, in reply to questions from proprietors,
observed that should any deviation be intetded to be carried
out, the proprietors should be previously consulted—that the
signatures of Wssr.s. Ross and Stevenson, the former en-
gineers of the company, had been accepted on the
score of economy, but the present engineer, Mr.
Canyon, bad formerly acted under Mr. Stevenson,
and was likely to give every satisfaction—that
the directors intended to make these calls larger and
more frequent, till they amounted to 271.105., when they would
be-in a po3iticn, in accordance with the Act, to borrow a
portion of the capital necessary to complete the undertaking
—that of the first call there were 65 shares unpaid, 55 of
which were arranged, and the remaining, 10 only were
doubtful ; of the second call, the deficiency was 412/. 103. 2d. ;
of the third 9251. ; and the deficiency on all the calls
amounted to about 9,000/.
The report was then unanimously adopted, and ordered to
be circulated.

Some cunversation ensued as to the propriety of taking
isteps to get in the deficiency on the calls, and
The CHAramiew intimated that no exertion would be
wanting for that purpose.
On the motion of Captain WArrs, seconded by Mr. LEWIS,
a vote of thanks was given to the Chairman, and the meeting
separated.

THAMES HAVEN DOCK AND
RAILWAY.

Theusual half-yearly general meeting of the proprietors of
this company was held yesterday at the Guildhall Coffee-
house, Gresham-street, City; Mr. Esdale, President of the
Board of Directors, in the chair.
The advertisement convening the meeting having been
read,
The Cnaranttx said that the requisite number of
sbarehetters being present, they were ,now tt
position to proceed to business. He would 'not oc-
cupy their attention further, as the directors desired
that the shareholders would allow them to adjourn
the present meeting for one month. The reason was, that
the directors were in negotiation with a wealthy and respect-
able company respecting their company. They would carry
on the proceeding, and then they would be in a position to
lay before the shareholders a report, together with a financial
statement, that would prove satisfactory. They had then no
report to present ; he would, therefore, move that this meet-
ing be adjourned to Friday, 26th March.
Mr. KIRWAN seconded the motion, which was unanimously
agreed to.
The meeting then separated.

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