The Sun.
London, England, 1847-04-10 00:00:00

LONDON AND NORTH-WESTERN

RAILWAY.

A special general meeting of the proprietors of this
company was held yesterday, at the Euston Station, for
the purpose of expressing thor approval of a number of
Bills now pending in Parliament, by which it is pro-
posed to authorise the London and North-Western
Railway Company either to contract or to become the
lessees or proprietors of, or to contribute towards the
formation of, the railways therein mentioned. The chair
was taken at one o'clock by G. C. Glyn, Esq., chair-
man of the company.
The SECRETARY having read the notice convening the
meeting,

The CHAIR/JAN said—Gentlemen, you are aware that
this meeting is called in compliance with the standing
orders of Parliament to ask for your final sanction to the
measures now before the Houses of Parliament. The
list read sounds a long and formidable one, but, in point
of fact, I shall be able to reduce it to a very'
shortcom-
pass. By looking at the list of Bills read to you by my
friend Mr. Creed, it appears that the different measures
there alluded to, when put in that proper shape which I
think they should be on the present occasion, are either
renewals of the Acts brought forward by the directors
in the last session of Parliament, and which were then
ither lost or withdrawn, or branches or amendments
connected with the several Acts then obtained. In point
of fact, the different schemes that the directors have to
propose naturally divide themselves into three classes—
those to which I have referred, and which constitute the
largest portion, viz., amendments of the Acts of last
session, and Acts which were withdrawn or lost, and
there is only one undertaking, or rather a lease, which
the directors are now about to introduce to the meeting.
I am anxious to put these things before you in this way,
in order that you may not charge us with any attempt
to lead you on to that length which the lengthy enumera-
tion of the Bills might lead you to suppose. The first
Bill with which we begin is merely the renewal of an
Act passed last session for making a line from St. Alban's
to Luton. This Bill was lost in st_ Committee...of-UP
'Reuse- of -Commons, the Committee preferring the rival
:Acme of the London and York Railway, which
was ultimately lost in the Committee of the House
of Lords. The directors have brought the
measure forward in the present session in
terms of an agreement with the London and
York Company, in whose favour certain clauses will be
introduced regulating the traffic of the London and
York Railway upon that line.—(Hear, hear.) The
second Bill is one which is almost identical with the one
which was also lost in the last session—it is a Bill to
make a railway from the London and North-Western
Railway near Bletchley to Newport Pagnel, Olney, and
Wellingborough. The present scheme will afford
rather more convenience than the former one,
in consequence of the line preparing to Welling-
borough. I might go on with a great many
more; but as the Bills must be all read as they come
before you, in order to be submitted to you, I think it
will be better to reserve any remarks upon them until
such time as the several Bills are brought under your.
consideration. lam anxious, considering the state of
the money market and the general position of commer-
cial affairs, to add a few words, in order
t:lat you should not think we are undertaking tiny
projects with rashness, or without a full consAera!ion
all the bearings of the questions. It is quite true
that there is at pres-rt a monetary pressure upon the,
inonev market, but the directors do not consider that of
iiseq atfor's any reason for not proceeding with such
rneasuns as the directors think calculated to promote
the interests of the company, and which have already
er-iv d your s ancti, n aad approval ; and I.
,n common with your other directors, believe that
;he pres.ure upon the monetary c,tic ,rns is only
a. momentary 'one, and that by the time the Bills shah
blue received the sanction of the Legislature, and we
be prepared to carry them out, it will hive
tf, and I trust that we shall then be placed in a position
thy to perform the duty which we feel that we owe
,th to ours.lves and to the public without any serious
pressure —(Hear, hear.) I shad now procc,tl to read
the names of the several Bills, and put them to the
meeting, and should any hon. proprietor feel disposed to
ask any questions, or require any information upon the
subject of any of the Bill, I shall be happy to afford the
same.
The following Bills were then read to the meeting,
and unanimously agreed to without discussion:—
" A Bill to empower the London and North-Western
Railway Company to make a railway from the Loudon
and North-Western Railway, near Watford, to St.
Albans, Luton, and Dunstable."

" A Bill to empower the Llndon and North-Western
Railway Company to make a railway from the London
and North-Western Railway, near Bletchley, to Newport
Pagnel, Olney, and Wellingborough."
" A Bill for making a railway trom the Northampton
and Peterborough Branch of the London and North-
Western Railway to the town of Banbury, to be called
'The Northampton and Banbury Railway,' and for other
parposes."

A Bill to authorise the consolidation cf the Oxford
and Bletchley and the Buckingham and Brackley Junc-
tion Companies, and to authorise an extension of their
lines to Banbury and Aylesbury, and an alteration at
Oxford."

" A Bill fcr making a railway from Cheltenham to
join the London and North-Western Railway at Tring,
ith branches therefrom, to be called The London, Ox-
ford, and Cheltenham Railway.' " -
" A Bill to empower the London and North-Western
Railway Company to make certain branch railways and
extensions from Kenilworth to Berkswell; and, from
Leamington to Warwick; and to widen the line from
Leamington to Coventry, all in the county of Warwick,
and for other purposes.'
" A Bill for enabling the London and North-Western
Railway Company to make certain branch railways from
the Coventry and Nuneaton line, to the Mount Pleasant
atid Victoria Collieries, in the County of Warwick, with
rower to the London and North-Western Railway
Company to admit certain parties as shareholders in their
undertaking, and for other purposes."
" A Bill to enable the Coventry, Nuneaton, Birming-
ham, and Leicester Railway Company to sell and transfer
their railway, works, and interests to the London and
North-Western and Midland Railway Companies, or
either of them, and for other purposes."
" A Bill to empower the London and North-Western
Railway Company to make a branch railway from the
London and North Western Railway, near Atherstone,
to the Midland Railway, at Whitacre, in the county of
Warwick."

" A Bill for enabling the London and North-Western
,tailway Company to make a branch line of railway from
Portobello to Wolverhampton, and for other purposes."

. _
" A Bill to authorise a certain alteration in the line of
the Birmingham, Wolverhampton, and Stour Valley
Railway, and to amend the Act relating thereto, and for
other purposes "
" A Bill to enable the Birmingham, Wolverhampton,
and Stour Valley Railway Company to construct branch
railways to Stourbridge, Dudley, and other places, and
tor other purposes."
" A Bill to empower the London and North-Western
Railway Company to enlarge their stations at Liver•
pool and Crewe, and for other purposes."
" A Bill for enilbling the London anti North-Western
Railway Company to make a railway from Birminghamto Lich-field, with branches, and for amending the former
Acts rela ing to the said company."
" A Bill to empower the Lind ma and North-Western
IZaiway Company to make divers branch railways in
thy county oit iaccast(r, anti f ,r other purp •ses."
" A Bill to authorise the Right Honourable Francis
Egerton, Earl of Edestnere, to sell, and the Lon-
don and North-Western Railway Company to pur-
chase, the est,,te and interest of the said Eli.] in the
Manchester, South Juncti:in, and Altrinchatn.R4dway."

" A proposed Bill for constructing a railway from
Gloucester to Hereford, with branches therefrom, to be
called • The Gloucester and Hereford Railway,' and to
transfer to such railway company 'The Herefordshire
and Gloucestershire Canal Navigation,' and for other
I;urposes.connected therewith."

"A Bill to incorporate the Huddersfield and Man-
chesteri Railway and Canal Company, and the Leeds,
Dewsbury, and Manchester Railway Company with the
Landon and North. Western Railway Company."
" A Bill for making branch railways from the Great
\Vestet n Railway, and from Hammersmith, to join the
West London Railway, for widening a portion of the
West London Railway, and for extending the same so
as to join the London and South-Western Railway, in
the parish of Saint Mary, Lambeth, in the county of
Surrey."._ _ _ _

" A Bill to authorise a lease of the undertaking of
the Shropshire Union Railways and Canal Company to
the London and North-Western Railway Company."
The CHAIRMAN said that the Bills in the list which
he had alluded to as being of the second class were the
London, Oxford, and Cheltenham Railway, and also the
project, which was merely a continuation of it, the
Gloucester and Hereford Railway and Canal Purchase
Bill. These undertakings were brought before them
so fully at the last general meeting, that it would not be
necessary for him then to occupy the time of the meeting
by any further explanations of them. The committee
which had been appointed to further its interests
was proceeding satisfactorily, and though it was for
Parliament to decide between it and its rival projects,
yet they would go into committee with confidence and
every expectation of success. It would be in the re-
collection of the proprietors, that in August last they
had had before them the project for enabling the Co-
ventry, Nuneaton, Birmingham, and Leicester Railway
Company to sell and transfer their works to the London
end North-Western and Midland Railway Companies,
or either of them. He had at that time informed them
that he did not know whether the line purchased
would be carried on by the company, and
even then it could not be considered, as
a settled project of the company. With re-
gard to the Bill for enabling the Right Honourable
Francis Egerton, the Earl of Ellesmere, to dispose of his
interest in the Manchester, South Junction, and Altrin-
ehara Railway to the London and North-Western Com- '
pany, that was unopposed by the parties interested, and
the only capital required would be 12.5001. The next
project in the list to which ho would refer was one
which was brought before them at some length at a
farmer meeting—it was the one connected with
the lessing of the undertaking of the Shropshire
Union Railways and Canal Company to the Lon-
don and North-Western Company. It was a
my large undertaking, and one which had been