The Sun.
London, England, 1848-09-02 00:00:00

STIRLING AND DUNFERMLINE.

The half-yearly general meeting of the proprietors of
this railway was held on Thursday at Glasgow ; Mr. J.
Anstruther, Chairman of the Board of Directors,
presided.
The CHAIRMAN, in opening the proceedings, said that
before the next meeting, the line would be opened for
traffic on the Dunfermline contract ; the operations had
been confined to the portion lying to the west of Lord
Elgin's Railway, and on which the progress had been
very great ; the whole of the cuttings, amounting to
145,000 cubic yards, had been excavated, all the bridges
had been completed, and the greater portion of the per-
manent way laid. The contractors were proceeding
rapidly with the formation of the junction with Lord
Elgin's Railway. These works were so far advanced as
to insure there completion in the month of October.
The other portions of the lino were also rapidly pro•
greasing.
The report stated, that the only portion that remained
uncontracted for was from Stirling to Alloa, five miles.
The directors regret there is a considerable arrear on
the last two calls, and that they have been compelled to
take legal proceedings against defaulters.
The balance sheet showed the receipts to have been
180,1694, and the expenditure within 39,176/. of that
sum.

After some slight discussion the report was adopted,
and a vote of thanks to the_Chairman closed the pro-
ceedings.

SCOTTISH - MIDLAND JUNCTION.
The half-yearly meeting was held at Perth on Monday,
Mr. Hugh Watson in the chair.
The report stated, that the main line was now open
from end to end, uniting at Perth with the Scottish
Central, and the Edinburgh and Northern Railways in
the general station, now in progress of completion; and
at Forfar, with the Arbroath and Forfar Railway, which
again unites with the Aberdeen Company's line, no4r,,
open to Brechin and Montrose. There is --thns-itri-
unbroken line of railway, on the same guage,
froin London to Perth, etticl, thence by this line,
to Forfar, Brechin, Arbroath, and Mortrosei by which
the same) cairlages and—waigons may pass with-
out a ferry, and without o.break, from the Euston-:square
station to all these northern toivns. The line has not
yet been opened for goods or mineral traffic, neither has
the connexion between the :Dandee and Newtyle line
been completed; and the line since -opened has been
under other disadvantages beyond those usual on the
opening of new lines; but .that by_ the Ist of September
all will be in order,. The directors have made satisfae •
tory arrangetterit'S -With-th' S-cottiiliteittral and Edin-
burgh and Northern the concluding of
the tratfic'' to-and freer Pert4l,--each company booking
through.by the other; and. they have also'ettected
rangemeMS-.With the Aberdeen Lltailway Company for
the. traffic between Perth and. places north of For*.
But the communication between, Aberdeen and the
south can never be • completed until the straight
line Originally projected- for- the -through coramm.
nication • between Aberdeen-and the south be completed.
The directors. regret that the Bill to complete this com-
munic;ation, by extending the line from Forfar to Lau-.
rencekirk, in the straight line by Brechin, has been lost "
for the present. The' Bill for the improved branch line
toDunkeld has been paSied, and they look forward to
the execution of this and other branches, as soon as they
find that the finances of the company may-be suitably
arranged for their creditable completion. They have
(at the date of the balance-sheet) 150,000/. of capital re- .
maining to be called up, and the borrowing-powers leave!'
180,0001 to be borrowed, making in all 330,000 E—su-
bject, however, to the 'payment of the balances due to the!
banliera' and other parties. There appears, in short, ti,
be ample capital for the branches vet to be executed. Tie!
agreement with the Caledonian Company has not been
finally adjusted, but the directers4rtist to bring all to' et
satisfactory result. The balance-sheet of the company-
on the 31st of July, 1848, shows that the receipts weits
465,5941. less the. balance due to the conapany'shak
of 12,8821., while the expenditure amounted to 4.65n,5911
The total arrears of calls amounted to 25,6471, fur which
securities have been lodged to tho extent .of 14,6174.
Since the date of the balance there has been received on:
account of arrears of calls 2,8501.

After some conversation the report was adopted, and
the proceedings coneluded with a unanimous vote or
thanks to the directors.

Sir• John Pe tin interview with Earl Grey yeL-,
terday, atiho Colonial-offree. •