The Sun.
London, England, 1847-02-26 00:00:00

shareholders some correspondence which had taken place
with reference to the purchase or working of this line. A.
proposition had been made by the Eastern Counties Com-
p Any to work the present railway, and an inquiry made
by this company as to the working expenses of the
Eastern Counties line. The answer was that their m ork-
ing expenses were estimated at 4EI per cent. The question
for the shareholders was simply as to whether the line
should be worked by them or purchased. Their interests
ought to be joined, for nothing could take place for the be-
nefit of their own line which would not benefit the Eastern
Counties Railway.
A Shareholder inquired what was the bone of contention
between the two lines?
Mr. LERCH, at the request of the Chairman, said that the
difficulty was in the price of the land. The difference of the
estimates and the claims made was 3,0001., and that was a
very serious difference. There was no contention with the
Eastern Counties Railway Company itself.
A Shareholder said that the question was, whether they
should have an independent line, or merge their line in the
Eastern Counties Railway ?
The CHAIRMAN said that that was the real question.
Mr. WADDINGTON said that the Eastern Counties Com-
pany had in a very kindly spirit offered either to take this line,
to work it at the it own rate of mileage or to supply them with
engines, &c., at the usual price.
The CHAIRMAN said that these propositions were the only
ones the shareholders had to consider. The Enfield and Ed-
monton line would of course regulate their fares according to
the rate adopted by the Eastern Counties Company, as it
would not do to let them both work the line and regulate the
fares.
Mr. WADDINGTON said that the Eastern Counties Company
only desired to deal as fairly as possible with the Enfield and
Edmonton Railway.
Some considerable discussion ensued here as to the rate of
fares, which resulted in the adjournment of the meeting, in
order to make a proposition to the Eastern Counties Railway
Company.

CORK AND WATERFORD RAIL-

WAY.
The first annual meeting of the proprietors in the Cork
and Waterford Railway was held yesterday at the London
Tavern, for the transaction of general business; Thomas
Wyse, Esq., M.P., in the chair.
After the advertisement calling the meeting had been
read, the Secretary proceeded to read the report, of which
the following is a condensation :
" This Act authorises the making of a railway from the
borough or city of Cork, in the county of the same city, to
the borough or city of Waterford, in the county of the same
city, with branches from and out of the said railway to
Fermoy, in the county of Cork, and to Tramore, in the
county of Waterford.
" In obtaining the above Act there were at first two op-
posing companies, viz. :—The Cork and Youghal, and the
Waterford and Tramore Railways, increasing materially the
difficulties which were presented by the various alterations
and requirements during the session of the several standing
orders of both Houses of Parliament. After a lengthened
negotiation one of them, the Cork and Youghal Company,
the most influential and important, was amalgamated with
this company; and the amalgamation received the approval
of the shareholders, at a meeting held for that purpose at
the llall of Commerce, on the Ist February, 1846.
" The other, the Waterford and Tramore, after an un-
usually protracted opposition, was successfully resisted,
though at a considerable cost; and hence, together with
other causes, the serious and heavy outlay which it was
of the Act,
absolutely necessary to incur to secure the very existence of
e
n
ofdelt
arhxfeoupe‘ctm'deoMeo.ntortsdekhn cs
ompany,
naoiorenai
FGra):,
barony
re:sneravlmlireae
sVorn,en:yrdoyme:: forwarded,
:oyininitiocdnukiurging
girtilhrrnnye.gam additionnbu,
rpafterero barony
rtn
terhyti
touoehinfdei passing
importanto
'ob11n:
igiherteaoe
naxec
,edotnuve
atnna advan-
tages
tages that this railway would afford to that portion of Ire-
memorials your chair•
position for all inland produce, is one of the principal military
from Midleton to Youghal, the importance of which it is
unnecessary to dwell on.
" In consequence of the foregoing
man had an interview with Lord John Russell, and your
secretary, with the consent of the Treasury, was sent over to
Ireland to communicate with the Board of Works, in accord-
ance with instructions forwarded by Government, and to en-
deavour to make such arrangements as might enable the
works to be proceeded with on terms equally advantageous
to the landowners and shareholders, at the same time afford-
ing sufficient security for the repayment of any advances of
public money.
" Your directors regret to state that, notwithstanding the
evidence which those memorials bore of the disposition of the
landowners to lend the most liberal co-operation, together
with the consent of the rate payers to presentments from the
aforesaid baronies, as well as from the baronies of Gaultier
and Middle-third, after mature consideration and having
consulted with your engineer, your directors were compelled
to abandon the project of strengthening their resources
through the medium of the baronial presentments, in conse-
nqoutenactreo or
df
itnhge a tdeergnin sa
tuots
fderac
"Under these circumstances, and taking into ililhosic.h advances would be made,
considera-
tion the present state of Ireland, and of railway property in
holders, to make a call of 11. per share in this year, and
cgoeunresreasl,
shyo'onulrd
bdoirercetcoorms
maerne
deodf
toopirnaiodno,pttihoantt
oont
he e osfhatrwoo.
another call of 10s. per share, to be paid in 1848, and to
proceed to the construction of a small portion of your rail-
way, viz.—from Waterford to Tramore, a distance of or
about seven miles, which by ensuring a fair dividend to
those shareholders who paid up their calls 'would enable
you, after it was finished, to commence a portion at the
Cork end, viz.—from Cork to Midleton, and so to go lon
constructing, by degrees, those portions of the line which are
likely to afford the most certain and speedy return.
" The other alternative is, that of everything remaining
in abeyance until your next half-yearly meeting in August,
no expenses being incurred excepting such as may be ac-
tually necessary, and by which time the views of the Legis-
lature relative to Irish railways will be known ; this latter
course is the one recommended by your directors, and the
directors of the Great Western and South Wales Railway
Companies coincide therein.
" They would, in conclusion, state, that they recommend
that interest be paid upon the deposits at the rate of 4 per
cent. per annum from the passing of the Act of Parliament."
FINANCIAL ACCOUNT.
To expenditure
Balance

.£75,378 10 0

By receipts ... Z 5,378 10 0
The CHAIRMAN said that the company had now heard the
report read, and he begged to move that it be received and
circulated among the shareholders.
Mr. EMERY seconded the resolution.
Mr. Flaw wished to know whether the South Wales and
Great Western Railway Companies had registered for the
shares which they held in the Cork and Waterford Railway
Company.
The CHAIRMAN said that they had.
Mr. FIELD wished also to know whether the recommenda-
tion that interest at 4 per cent. be granted, should refer to
only to such deposits as were properly paid up?
The CHAlRMAN—Certainly.
The report was then agreed to.
Mr. FIELD moved, and Mr. GAnarrr seconded, a resolu-
tion re-electing the fifteen directors who were, by the Act,
obliged to retire.
Mr. GanttErr moved, and Mr. FIELD seconded, a resolu-
tion granting the directors a sum of 800/. as a remuneration
fur their services for the year after the passing of the Act.
These resolutions were carried unanimously.
Mr. Edward Charles Buxton, of Abchurcn-lane, and Mr.
Thomas Bates, of Allsop-terrace, New-road, were elected
auditors, with a salary of ten guineas each.
6001. per annum.
After some discussion as to the propriety of granting 500/.
to the directors for past services, which these gentlemen did
not desire, and which was not, therefore, embodied into a re-
solution, thanks were Toted to the Chairman, and the meeting
broke up. a salary of
Mr. LAYARD was appointed secretary, with

DESTRUCTIVE FlRES.—Wednesday night, about 11
o'clock, the premises in the occupatien of Mr. Morgan, green-
grocer, No. 138, High-street, Shad well, were discovered to
be on fire. An instant alarm was raised, and after consider-
able trouble, the inmates, who were asleep, were
aroused.By
that period the lower portion of the premises was wrapped in
fire, and the flames were ascending the staircase
with such
fury, that none of the inmates were able to escape by the re-
gular means. In the space of a few minutes Mr. Morgan,
two females, and five children, appeared at the first-floor
front, and with the assistance of police-constable Carr, No.
166 IC, and a Waterman named Griffiths, the whole of
of the
the
parties were taken from the window. The engines
parish, London Brigade, and West of England Company,
quickly attended, and plenty of water being procured
from the mains of the East London works, the engines
were called into requisition, and the firemen carried the
hose up the staircase, and by that means they were enabled
to pour a continuous stream upon the flames. Whilst, how-
ever, they were so engaged, a large mass of flames entered
one of the rooms in which the firemen were, and Mackay,
the head engineer of Wellclose-square station, was knocked
down by its force, and had it not been for the timely aid
afforded by other firemen, he doubtlessly would have lost his
life. By dint of great perseverance the flames were ex-
tinguished before twelve o'clock ; the damage done, how-
ever, is very considerai4e. Fortunately, the proprietor of the
premises was insured in the Phoenix and Union Fire-offices.
How the fire originated could not be ascertained. About an
hour previous a fire broke out in the premises occupied by
Mr. G. Wild, a carpenter and builder, situate in Wood-street,
Spa-road, Bermondsey, and the flames were not extinguished
until a building, thirty feet by thirteen, in which the fire
began was destroyed. Unfortunately it was not insured.
HEALTH OF TOWNS ASSOCIATION.—Wednesday
the
annual meeting of this Association washeld in the rooms of
the Statistical Society, 12,Satn.dJfia s quare, for the pur-
posermaenscial of receiving the generalb report of the
Ashley, M.P.
Pearson, J. pa.
com-
mittee, and on other usiness. The attendance was very
numerous. Among those present were Lord
W. A. Mackinnon, Esq., M.P., Sir Edward
cher, Esq., &c. Lord Ashley occupied the chair.
ILLICIT DISTILLERY.—Wednesday morning messrs.
W. Bayford and J. Lewins, the active officers of excise,
erpro-
ceeded to No. 5, Triangle-place, Kennington. cross, where
they knocked for a considerable time, but, no answer being
returned,
they got a ladder, and gained an f
o entranceun a
large
yirg-ae
first -floor back window. In a lower room they d
copper still, capable of containing near 200 gallons, and a
h f •It d
No
been at
quantity of fermented !vas omd an naolassee. person
was found on the prennses, but the still had rece
—Last evening
work. FOR CHILDREN.
ROYAL INFIRMARY
the thirtieth anniversary festival of this institution
cele-
brated by a dinner, at the London Tavern, n• was ,
isho s at
street. Lord Ashley presided, and amongst the P.f4 e-
present, and acting as stewards, we observed , .
___g.entlemen
Esq., S. M. Veto, E.iq., Dr. West, &c. dinner
Barclay,
at-
tended by about eighty gentlemen. The Chairilvaesr was
halispast six, and after the cloth was removed, taken at
usual loyal toasts drank, the chairman propose f, „ and the
to the Infirmary for Children," and in a brief addressosperit
upon the company present to give their cordial called
the institution. The toast was drank with thespport to
siasm, and Mr. Dolman, the secretary, read greatest enthu-
seri pt ions, among which were the following :.,... T list of sub-
fund" is devoted to the purpose of erecting ( he "hospital
stead of the existing infirmary) ;—Her Majestyllhospitc,al, in'
21/. ; the Queen Dowager, 10/. ; for tlur the ,caten,
A. Barclay, Esq., and friends, 50/. ; Lord Ashihospital funds,
Veto, Esq., 201. now, and 100/. when the hospitaleY' Si. S. M.
pleted ; Dr. West, 20/., and 1001. when the hospital
is com.
com-
pleted; Crook, Esq., 10/. ; Baillie, Esa °sl)ital i 3 Will-
shire, Esq., and friends, 221.; Dolman, kr lot; — " ill"
the institution, 211.; total amount of subscriptionsscl• Secretary to
hospital fund, 3051. 9s. 6d. ; amount of donations to the
in-
stitution, 115/. 75.; annual subscriptions, to the
Thanks having been voted to the Noble C.
, 116/. 16s. 4d.
pally. separated. Uhairman, the corn-
- RIVAL STORY TELLERS.----The fertility
Andre Dumas in romance has, till lately, been esteemed
of Alex-
en
Tailed am• mg his countrymen. It is now celeesteemed unit -
ben • him hollow; he is a much better b ar that M. Gnizot
than N. Dumas.—Punch.lula at telling stories

.IL