The Sun.
London, England, 1846-01-24 00:00:00

IZUSINESS CLOSIIsiG
PAID. DONE AT PRICES.
ONE O'CLOCK.
5 ....

PRICES OF
RAILWAY SHARES.

Aberdeen .. • • • • • -
Amber., Notting., Boston and
Eastern Junction . • .. 2% 3 • ...
Bideford and Tavistock .... 0% •• • •
Birmingham and Gloucester.. 100 ...130 ..
Birmingham and Oxford Junction 2 .... 3M 3
Bristol and Exeter .. .. 70 .... 84 83 84%....
Buckinghamshire .. 425. .... %% p
Caledonian .. .. 10 .... 14% ... . . .
Ditto Extension 2%.... 3 1/4 14 3.....
Chester and Holyhead .. .. 15 .... -
Chester and Manchester .. 425. .
Cornwall and Central Devon .. 2%....
Direct Manchester (Rastrick's) M 4
Direct Northern .. .. 2 2 . •
Dublin and Belfast Junction .. 5 .... 6%..........
Eastern Counties .. 141. ifs. .... 22% % 1/4
Do. Perpet., 5 per Cent. No. 1.61135. 4d. % p.
Ditto, ditto, .. No. 2. 61. 13s. 40. f % p
Edinburgh and Glasgow .. .. 50 , •.•.• • . • • •
Ditto % Shares .. .. 5 .... 15 . .• . .
Ditto New IA Shares.. .. 7% .. . . - ..... .. . .
Edinburgh and Perth .. .. 3 ....
Aberyst., & Cent. of Wales 1% .. 1
Goole, Doncast., and Sheffield, &c. 425. 1% p
Grand Union (Nottingh. & Lynn) 1%.... 1%
Great Southern & West. (Ireland) 15 .... 22 ...-
Great North of England .. ..100 .. •
Ditto, New .. 5
Ditto, New .. .. 5
Great Western .. .." 85
Ditto, Half :41.ares .. 50 ..
Ditto, Quarter Shares .. 5 • •
Guildford, Farcham, & Portsraoth 5 ..
Hull and Selby .. .. 50 •• .
Ditto, Halt . hares .. .• 7 ...
Leicester and Bedford 225. ..
Lei ester, Tamworth, &c. 428.
Liverpool and Leeds Direct .. 2% •
Liverp.. Manch., & Newc. Junct. 232 .... • •• •
London sad Birmingham ..100 .... ••• • • •
Ditto Fifths .. 2 .... 23% 23
London and Blackwall .. 161. 13s. 4d. 91/4
Ditto Extension .. • . .. 3 •• • • 3% • •
London and Brighton .. .. 50 .... 67% ..... •• • •
Ditto ditto Fifths .. .. 10 .... 20% 20 .... -
London and Croydon .. .. 131. 15s. 9d. 22M
London, Hounslow, & Western .. 2 .... 11/4 IA ...... •
London and South- Wes'ern .. 411. Gs. 10d. .... ••• • • .
Ditto, New Consol. Eighths .. 28 42 . .....
London and York .. .. • • • • 2 •- • • 4% •••• • • • •
London and Windsor .. .• 1 ....
London, Warwick, & Kiddermins. 2% .... 2M
London, Salisbury, and Yeovil .. 2%
Manchester and Leeds.. .. 82 ..
Ditto, Fifths 1 .. 12%
Manchester and Birmingham .. 40 .... 77 IA
Ditto, Quarter Shares .. .. 4 ....
Ditto, New Quarter Shares .. 2 .... 9%
Manchester, Buxton, & 3latlock 425..... 2 1%
Manchester and Southampton .. 2 .... 3
Midland .. .. • . ..100 ....152 153
Ditto, New .. • . .. 12 .... 28 29 ....... •
Ditto, Birmingham and Derby 100 .... 122% 122
Newcastle and Harlington Junct. 25

• • • ......
dis .....

... 50N
... 32% 33 32....

• •
90 • .
19 20 .

2%
Oh
130

P•••• • • • •

3%
841,
?t P
14 IA

Ir4i
dis

% P
% P

I% P
1%,

P
N P
21f,
31/2

Ditto, New, Brandling 20 •• .. 531% 533;
Newcastle and Berwick .. .. 10 .... 21% 21 ...... 211
Newark, Sheffield, and Boston .. 2% .... % % 2%
North British .. 17% .... 2434 .
Ditto, Half Shares .. 336 .... 714 % 7%
Ditto, Carlisle Extension .. . 31,E 3.
North Kent and Direct Dover . • 236 .. • . 33% •
North Staffordshire .. 425. •• .. 33 p• • • .... 334 p
Norwich and Brandon .. 18 .... 25 25
Northmpton,Banbuiy,&Chelthm. 2 ....
Preston and Wyre .. 25 .... 35 .... • • .... 35
Richmond .. .. 10 .... 153 1634. .. • . 16%
Shrewsbury and Birmingham .. 234 .... 4 .......... 374
Shropshire Union .. 425..... 34 p........ 1/4 p
Somersetshire Midland .. 2%.... 3
South Midland .. 42s .... 32% p
South Eastern and Dovor 88% .... 38%
Ditto, New (iss. at 321.) No. 1. 15 .... 19%34 1934
Do., New (do. 331.65.8 d.) No. 2. 10 .. 13 ....... 133{
1)0., New (do. 151.) .. No. 4. 2%.... % 3%
South Wales .. 23 .... 31,6 ..... . . . . . 3 %
Trent Valley and Holyhead June. 2%.... 13
Welsh Midland .. 236 .... 21% ...... 1
Wilts, Somerset, and Weymouth 234 ....
Yarmouth and Norwich .. .. 20 .... 27
York and Carlisle .. .... 3 .......... 3
York and North Midland .. .. 50 .... ..........
Ditto, Extension .. 15 .... 40 .......... 4
FOREIGN RAILWAYS.
Bord., Toul., & Cette tMackenzie) 2 .... 2
Ditto, ditto (Espelete) .. 2 .... 2 ..........
Demerara 2% .... .
Dutch Rhenish 5 8 774...•
East Indian .. 55. .... 1% ......
Grt. North. of France Constituted 5 .. .. 15 14%54..
Great Indian Peninsular .. ss. ....
Great Western Bengal .. ss. .... 1
Jamaica South Midland Junction 1 .... 4
Luxembourg .. .. 4 .... 2%
Namur and Liege .. .. 4 .... 3%
Paris and Lyons (Laffitte's) .. 2 .... 2%
West Flanders .. 4 .... b%•• ••

Real del Monte, Unregistered

2%
3%
2%
5

MINES,

- .... 4 .......

GREAT NORTH and SOUTH WALES
AND WORCESTER RAILWAY COMPANY.

MEETING OF SHAREHOLDERS—(THIS DAY).
A meeting of the shareholders of this Company was held
to-day, at the Guildhall Tavern, in conformity with a reso-
lution agreed to at a former meeting, in consequence of the
Directors having refused to accede to the request of a depu-
tation appointed by the shareholders to inspect a balance-
sheet of the affairs of the Company up to the present time.
At the meeting at which the deputation was formed, a reso-
lution was agreed to not to pay the additional deposit of IL
per share, demanded by the Directors.
Josiah Bates, Esq., was called to the chair.

The CHAIRMAN said, that as many shareholders present
were not aware of the preliminary meeting that had been
held on Wednesday last, it might be as well for him to state
the circumstances that had originated the present meeting.
They were all aware that the Managing Committee of their
Company had advertised that an additional deposit
of U. per share would he required, with a condition
that if it were not paid on or before the 30th
instant, that the shares would be forfeited. That
a nnouncement naturally produced dissatisfaction among a
considerable number of shareholders, and they seemed to be
in doubt as to what steps they should take under the exist-
ing circumstances, and at a meeting, a committee was
nominated, and a deputation appointed to wait on
the Board of Directors, to request those gentle-
men either to postpone the payment of further deposits,
or to call a general meeting to be held at the London Tavern.
The Directors refused to call a meeting, but stated that if
the deputation would retire they would consider what course
it would be best to pursue, and after a protracted discussion
had taken place, of course they were informed that the
Directors had agreed to call a meeting for the 4th of February.
The deputation then requested them to extend the time for
payment of the deposits beyond the 31st, or to announce that
the shares would not be forfeited in the failure of meeting the
demand at that period. The deputation then proceeded
to ask the Directors a number of questions,—to be
allowed to see the traffic tables, and to be informed
what number of Directors had paid their first, not
their second deposit. These questions the Directors having
refused to answer the deputation withdrew. It now re-
mained with the meeting to agree as to what steps should be
taken to protect the shareholders. The meeting was open
to discussion and any gentleman would be afforded an oppor-
tunity of expressing his opinions.— (Hear, hear.)
The SECRETARY then read the notice convening the
meeting.
The CHAIRMAN said, that there was one remark which he
intended to have made before calling on Mr. Com tenay to
make his statement. It had been stated that the gentlemen
who had commenced that agitation were persons who had
purchased their shares at discount, and that they expected
to realise a large profit by breaking up the Company. That
he denied, for every one of the gentlemen had purchased at
15s. premium.—(Hear.)
Mr. COURTENAY said he had purchased shares at 10s. per
share premium, and was informed that no further deposit
would be required until the Act of Parliament sanctioning
the Bill had been obtained. He saw in the prospectus that
such were the terms. He need not tell them of the panic still
existing in the share market. In full reliance that the Com-
pany was promoted by respectable persons, and that the terms
of the prospectus would be adhered to, he became a shareholder.
But what was his surprise to see in an advertisement in the
Times, requiring 11. additional to be paid?—(Shame.) He
thought it right to make inquiries, and accordingly cal'ed
at the office of the Company. On applying there for some
information, he was asked whether " he was an original
shareholder?" and when he replied that he was not, he was
told that he had " no right to any information."—(Shame,
shame.) He was also told, that if- persons got shares and
signed deeds they must abide the consequences. He then
addressed the following letter to the Directors of the Com-
pany :

i‘ TO THE DIRECTORS OF THE GREAT NORTH AND SOUTH

WALES AND WORCESTER RAILWAY COMPANY.
" 289, Regent-street, Jan. 19, 1846.
" Gentlemen,—Some short time before the panic I was
induced by a friend to purchase 100 shares in the above
railway, at a premium of ten shillings per share. Previous
to doing so I inquired the amount of the deposit, and was
informed that It was only one pound, and that no further
call would be made till an Act of Parliament was obtained.
The correctness of this statement is borne out by one of your
prospectuses, which I now have before me. It states the
capital at 2,000,0001., in 100,000 sharei of 201.
each. Deposit, IL per share.' In the nineteenth para-
gtaph of the same prospectus, I And the following
alitiotitic@metit, viz.:--' The subscribers will be held liable
only to the extent of their first deposit until an Act of Par-
liament 1.5 obtained, and afterwards only to the amount of
their subse'riptiali!
" I am tally aware that yent annottnce as your reasons the
tieceasity of cisintplyinOi.With the standing Orders of the House
of Lords. But, with all due respect t 6 yothSeives, f protest
against this being any justification of your flying in the face
of the announcement made in the paragragph I have brought
under your notice. You distinctly state that until an Act
is obtained no further call shall be made. Even if you have
this right—which I for one dispute—why, in the present
state of the money market, exercise it? Why not act as
other respectable companies are doing (the Grand Union for
example), and wait till there is some solid prospect of passing
your Bill through the House of Commons ?
" If everything in your accounts is fair, and your deposits
are paid, what need of any further capital at present; or, at
any rate, why not call a public meeting of the shareholders,
them a Intl Rcconnt c the pre:Lnt 719t0. of veur pros-
pects, the amount ut. expenses up to the present time, and of
the cash in hand? In my opinion, unless you act in the fair
and honourable way here pointed out, your call will be in
vain. Waiting, your reply,
" I remain, Gentlemen' yours obediently,
F. B. COURTENAY."
After having cent that letter, he obeorrecl the adyertieement