The Sun.
London, England, 1846-10-30 00:00:00

Name of Company. Dividend ' Amount
t per ' of Paid. Price.
Annum. Share.

DOCXS.

I 4 s. d. 4 s. d
Commercial •• •• ••• • • I 31. per cent. Stock.
East and West India ... 61. pr cent. Stock.
F.ast Country
T andon ...... •••• • • • 6/. pr cent. Stock.
St. Katharine .• •.• • • • 5 per cent. ' Stock.
Southampton •••• • • • • 4/. per cent. 50 0 0

WATER-WORKS.

Name of Company.

Dividend
per

Amount

Annum.

Share.

East London.... •••• •• .£ 3.
81. 100 0
Grand Junction •••• • • 31. 10s. 41 13
Kent. .•.••—•• • • • • • • 21. 10s. 100 0
Vauxhall ••••••• • • • •• 51. per cent. 100 0
West Middlesex ••• • • • 51.55. pr cnt. 63 12

.50 0 0

- - - -- -- - --
SALES OF RAILWAY SHARES BY
AUCTION.—(THIS DAY.)
The sale of railway shares, to-day, at Messrs. Lamond
and Co.'s, was well attended, and a large business was
done at rather advanced prices. The following are a
few of the principal sales :
Yorkshire and Glasgow Union £0 11
East Indian
Goole and Doncaster 1 17
Manchester, Buxton, and Matlock. ....
Leicester and Bedford
Churnet and Blythe
Lond,m and Blackwall, New
South-Eastern and Dover, No. 4
Boston, Newark, and Sheffield 0 15
Great Eastern and Western 0 16
East and West India Docks and London
and Birmingham Junction
Manchester, Sheffield, & Midland Junct 2 6
Shropshire Union and Canal
Reading, Guildford, and Reigate 0 15
Leicester, Tamworth, Coventry, &c.
Manchester and Southampton, 1847 1 2
Armagh, Coleraine, and Portrush
Trent Valley, Midland, and Grand Junct 2 3
Cornwall and Devon Central
Northern and Southern Connecting
South-Eastern and Dover 37 0
Waterford, Wexford, Wicklow, & Dublin 0 3

DERBYSHIRE, STAFFORDSHIRE,
AND WORCESTERSHIRE JUNCTION, AND
DIRECT EAST AND WEST JUNCTION RAIL-
WAYS.—(THIS DAY.)
A public meeting of the scripholders of these two
companies was held to-day, at the Railway Protector-
office, 11, Bncklersbury. The meeting was presided
over by Mr. Davis.
An irregular discussion took place at the commence-
ment, as to whether certain resolutions, agreed to at a
private meeting of the scripholders, should be read. It
resulted in their being read by Mr. Clark, and their
substance was, that the affairs of the two companies
were in such a state as to imperatively require the most
thorough investigation, and that a public meeting should
be called, at which to determine on ulterior proceedings.
The present meeting bad, in consequence, been called.
tie would (continued Mr. Clark) now proceed to explain
the circumstances of the two companies. The first com-
pany to which he would refer was the Derbyshire, Staf-
ordshire, and Worcestershire Junction. It was origi-
nally brought out with a capital of 800,000/., the shares
being fixed at 32,000, of 251. each. It was subsequently
altered to 40,000 shares, of 201. each. The promoter
was Mr. M'Gregor, of Suffolk-street. In respect to the
econd arrangement, no regular registration took place,
he prospectus and provisional directors only being regis-
tered. About 17,000 were issued, and 8,212 were paid
"pon, the deposit being 2/. 2% Of the Direct East and
'Vest Junction, the originator was a Mr. Arnold, of
Erttoxeter, a solicitor there, who subsequently appeased
..) have assumed the name of Bainbridge.
Dr. MACKENZIE—He took that name, in consequence
If acquiring some property.
Mr. ainx—lt might be so. The capital of this
•)mpany was 600,000 L, being made up of 30,000 shares
1 21. 2s. each. The number of shares was 12,195,
bile, from information obtained from the registrar,
iere was a blank against the number paid upon .
Dr. MacicErizsa—That is not accurate.
Some altercation here arose on this point, which
ailed in
Dr. MACKENZIE explaining that the certificate of the
gistrar was incorrecq filled up, and that upwards of
1,000 shares were issued, while above 12,000 were paid
,)on. They had then the fact before them that in the
•st company, of 40,000 shares, but 17,000 were allotted,
bile in the latter, of 30,000 shares, according to Dr.
.ackenzie, but 17,000 or 18.000 were issued. This was
great source of complaint among the shareholders, as
ey,had been led to believe the shares had all been issued.
therefore appeared there was not sufficient to go to Par-
anent with. It was a remarkable fact, the directors of the
e company were exactly the same as those of the other.
nding that the capital was not sufficient for Parlia-
eptary_purpose; the directors, without consulting the
npholders, or calling a meeting, agreed to amalgamate
e two, transferring the capital of the larkrerto the
home, the Derbyshire, Staffordshire;
ire. Though thedirectotoarsll
waduveertised andt
hia t
\ crcester-
.exchange
;ip would be supplied
applied or it, he be-
ved none was supplied.
Dr. MacKENzitE—That is not so; every one who ap-
ed for it received it.
Mr. CLanx said he was prepared to prove what he
.d. The result of all these proceedings was, that see-
; the directors in both schemes had but issued 17,000
zeros each out of 40,000 and 30,000 shares respectively,
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