The Sun.
London, England, 1847-04-15 00:00:00

trtirb Üblitioll

SUN OFFICE, Seve% o' Clock.

TATTERSALL'S—THIS EVENING.
six o'cLocx.

lINTIOPOLITAN HANDICAP.
7 to 1 apt Clermont
7 to 1 apt Emerald Isle
10 to 1 aget Wolf-dog
10 to 1 apt Crozier
11 to 1 apt Jenny Wren
12 to 1 apt Odessa filly
15 to 1 apt Pineapple
20 to 1 apt Gannet

GUDIEAS STAY=
3 to 1 agst Couyngham
4 to 1 agat The Liberator
7 to 2 agst Glentilt
7 to 1 agst Planet
CHESTKR CUP.
13 to 1 agat Mendicant
15 to 1 agst Dulcet
16 to I agat The Lamb
40 to 1 agat Emerald Isla

DERBT.

7 to 1 agst Planet
6 to 1 agst Van Tromp
15 to 1 agst Glentilt
16 to 1 agst Conyngharn
16 to 1 agst The Liberator
-----..

READING, GUILDFORD AND REI-
GATE RAILWAY.—(THis DAY.)
611 g of the shareholders in this rail-
way special general nlayeeat the
. effices of the company, for the
way was herdthiscl
certain alterations in the line.
purpose of sanFtiohing
Mr. Smale, the absence of Mr. D. Salomons, chairman
of the company, presided.
The Secnicranv having read the advertisement, and the
clauses of the Act which were intended to be brought before
Parliament,
The CRAMMAX said that the main object of the Act was
to facilitate the construction of the amended line at a less
vest, and he thought, therefore, that to objection would be
offered to it. He had, therefore, to move that the approval
of this meeting be given to the introduction of this Bili into
Parliament.
A PROPRIETOa wished to know, before the motion was put,
whether this Act would alter any of the relations entered into
with the South-Eastern Company ?
The CHAlRMAN—Certainly not.
Mr. MANGLZ4 said, that as living in the neighbourhood of
the proposed alterations, he might be permitted to say that
the deviation of a few hundred yards would save a distance
of three-quartere of a mile, and would save considerable ex-
pense, besides forming a better junction. They would not
have been obliged to alter in any way their Act of Parlia-
ment, but the estate through which the proposed alterations
were to be made was in Chancery, and there was no person,
therefore. properly authorised to give a title to the land.
The other alterations were of a somewhat similar character.
The object would, therefore, save expenses to the Reading,
Guildford, and Reigate, and, consequently, would contribute
to the welfare of the South-Eastern Company.
The CIIAIILWAX said that the interests of the South•
Eastern and of this company were now the same, and, there-
fore, they could not be dissatisfied with it.
A Pnoratrron asked if the agreement with the South-
Eastern Company was signed and sealed?
The CHAIRMAN said it was not, but it was drawn up and
approved of by the solicitor of their own company, and was
also approved of by Mr. Fearon, the solicitor of the South-
Eastern Company. It had, however, been submitted to the
counsel of the company, Mr. Earle, who was out of town, and
had it with him. He was expected in town this week, but
bad not yet arrived.
A Pooraircrott would like to know how long the agree-
ment had been in that gentleman's possession ? In a matter
affecting so much capital, it was not a slight matter that this
should be allowed to lie over. Unforeseen circumstances
might arise which might materially injure the interests of
the Reading, Guildford, and Reigate Company, and it was,
therefore, proper that every means should be taken to bring
this matter to a conclusion.
A PROPRIETOR asked whether the 600,0001. capital, to be
furnished by this company, would be the maximum amount;
or whether, in the event of the cost exceeding that sum, they
would be also called upon to subscribe it ?
The CHAIRMAN said that if a further sum were' required
the South-Eastern Company were bound to provide it.
A discussion arose as to the propriety of adjourning the
meeting until the agreement was forthcoming, and it was
ultimately agreed that the motion should be agreed to, on
the understanding that the directors should call a meeting
within a fortnight if the agreement should not have been de-
livered within that time.
The motion was agreed to. and the meeting separated.

DEMERARA RAIL W AIICOMPAN Y

(THIS DAY.)
The first general meeting of the shareholders was held at
the London Tavern, Bishopsgate-street, for the transaction
of the usual business,

CIIMILES Cava., Esq., occupied the chair. He said the
committee of management had great pleasure in meeting the
shareholders—first, for the purpose of giving an account of
their stewardship ; and, secondly, that they might lay
before them the report of the company's engineer. That
report was cheering, for the prospect which it gave the com-
pany of successfully carrying out their object. The abilities
of the gentleman who had drawn up that report, his accu-
racy, his discrimination and great professional talents, gave
them full confidence in the hope which that report inspired.
That confidence was increased by the experience the same
gentleman had had Ma tropical climate and of tears-Atlantic
railways. As to the pecuniary affairs of the company, the
deposits on shares amounted to 25,0001., which was to meet,
all the expenditure necessary to the formation of a new com-
pany, and starting in the execution of their object. The
expenses might be expected to have been great, hut, under
the economy of the committee, they were only 5,8221. last
month, when every shilling of debt was pail. The balance
remaining, after providing for the banker's account, was in
the hands of bill discounters in Lombard-street, on the
security of good bills of exchange, at a fair rate of interest,
the whole remaining intact.
The SECRILTAKY read the report, which reminded the
shareholders that the company had obtained their Act wirh
ample powers for all the original objects of the company, and
something more. It stated that tee capital was fixed at.
250,004, distributed into 10,1)00 shares, the wt.cole of which
tau been subscribed for aad paid upon at 10 per cent. ; that
Mr. Catherwood, a gentleman resident for some Years in
North America, and employed there on public works, pro-
ceeded as the company's engineer to Demerara, and com-
pleted a very careful survey of the proposed line, visiting after-
wards
the western and Arabian coasts of the colony, where
he made such general surveys of those districts, and drew up
a report which would he extremely useful in the future con-
aideration of other lines of railway. From the report of the
sagineer the committee were of opinion that the railway
might be made at a very low sum, the whole cost being
165,0001., or about 8,0001. a mile. Mr. Catherwood, having
been re-engaged, had proceeded again to Demerara on the
Ist of March, whither stores, and some able artificers con-
versant with railway works, had been sent out. The report,
after mentioning that the expenses were 5,832!. la, I ld..
leaving a balance of 20,570/ 12e. 10(1., stated that the com-
mittee did not anticipate the necessity of making any call
upon the shareholders before the next ordinary meeting, in
October.

The CHAIRMAN moved the adoption of the report, which
passed rum. con.
The committee of management, with the exception of the
chairman, Charles Cave, E.q., who withdrew, were then
elected directors of the company, and 1,000/. voted as the
annual allowance to the director&
Stephen Cave, Esq., and Jonathan Hopkins, Esq., were
elected auditors.
3lr. RIDGWAY then moved the re-election of the local com-
mittee at Demerara.
It was then moved that interest, at the rate of 5 per cent.,
should be paid on the deposits and calls, commencing on the
Ist of April current.
The CHAIRMAN, before leaving the chair, paid a very high
compliment to the secretary of the company, Henry Hill,
Esq., formerly the secretary of the Compensation Commission,
and moved a vote of thanks to him, which NM unanimously

passed.
The CHAIRMAN moved that the thanks of this meeting he
given to Jonathan Hopkins, Esq., and the other share-
holders, who bad so handsotnely come forward and offered
the gratuitous use of their land to the company.
A vote of thanks to the directors and the chairman,
Chides Cave, E-q., was then unanimously passed, and the
meeting separated.

RAILWAY COMMITTEES,
(THIS DAY.)
HOUSE OF COMMONS.
GROUP I.
The Select Committee appointed to consider the merits of
the Bills comprised in this group re•assembled in Room 30,
at the usual hour this morning. Mr. W. 0. Stanley. in the
absence of Lord Granville Somerset, who was indisposed,
took the chair.
33LIGSTON (MID =NT) scumazz.
Mr. TALBOT wished to be excused continuing his address.
but •
The CHAIRMAN announced that the Committee were
unanimously of opinion that they ought not to adjourn.
Mr. TALBOT said he had no alternative, then, but to pro-
ceed with his argument. Having occupied a considerable
time in justifying the gradients on the line between London
and Maidstone. the Learne I Gentleman went on to state that
his opposition to the North Kent line of the South-Eastern
Company would be of a mitigafedcharatter. lie could not deny
that it was strongly supported by local interests and perhaps
it ortittr be made, bat unless the Committee took steps to
Kents South-Eastern: Company to carry out this North
scheme Per se, h
tiallY be abandoned e vet-) mice feared :fiat it would par-
Committeegboushornuleu, g:• He had theretbre to propose that the
to Sittin ant the Brighton line from Maidstone
Eastern North Kent linnd tehen allow
it
to
join the South-
Committee preferred the' _V. on the other hand, the
why
then
they
could
grantHrtghton line in its entirety,
would be found to be the better ltine rdingly.
of the two for continental
The Brighton
through traffic, because the ling
that direction. The
t. this advantage,
Dover, and might easily be extended directly towards
all of the
South-Eastern line, however tlid not in
Canterbury,
placed and unless the Committee, I.:y grantior
Brighton Mid Kent line between IllaidstZetean
placed a control over the South-
. Eastern
Company, their
North Kent line would never be constru
nor would it ever find its way to Dover. Pe7 jell; I
Brighton Mid Kent Line were conceded, he shoal not
ject to the lcop from London to Dartford, or to the linefit
Chatham to Sittingbourne and Sheerness, and there to join
the Brighton scheme, because such a result would give the
whole of Kent the benefit of competition, and insure to
its people the realization of the pledges held out by the two

parties.
The statement of the Learned Counsel occupied the whole
cf the day.
The Committee adjourned at the usual hour till to-morrow.

• GROUP XVI.
This Committee met to-day for the first time, at half past
twelve o'el,,ck, in Room 23, New Houses of Parliament.
Members present, Mr. Kemble, chairman, Viscount Newry,
Mr. Wall, and Mr. Pulaford.
The following Bills have been refined to this Committee :
London and North-Western (St. Albans,. Luton, and
Dunstable).
Grest Northern Railway ( Hertford, Hatfield, and St. Albans).
Eastern Counties Railway (Hertford to ilitehin, &e.)
Enfield and Edmonton Railway Extension.
The Committee having waited nearly two hours for the
attendancaof Heneage. ease hairman retired to con-
sult the Speaker. It then appd that in the absence of
a Member, on the first day, the Committee was not pro-
perly constituted, and the proceedings were, therefore, ad.
tciamittoeQuued untilotlacada7, gtve time for so, an Lica • tiou to the