The Sun.
London, England, 1848-11-18 00:00:00

RAIL WAY INTELLIGENCE.

AMBgRGATE, NOTTINGHAM,

AND BOSTON

AND EASTERN JUNOTION.

Yesterday a special general meetinioftllWproprieters
in this company was held at the George and Vulture
Tavern, to receive the report of the committee appointed
at a meeting of the proprietors on the 6th inst., and to
adopt such measures as in the present state of the com-
pany's affairs might appear expedient. Mr. Arthur
Briggs, of Lewes, took the chair.

Tile CHAIRMAN read the report.' lt stated that in
pursuance of the instructions given the committe had
caused the necessary notices to be given of application to
Parliament for powers in the ensuing session to limit
the undertaking to the construction, of the line between
Bulwell, Nottingham, and Grantham, to reduce the capi-
tal to 650,0001., and to obtain powers for the amalgama-
tion, sale, or lease of the line to the Great Northern
or Midland Companies. This proposal had been con-
sidered by the board of directors, but on a division
a majority decided against such application being
made. It was of the highest importance that every
means should be taken to limit the responsibilities of the
proprietors, and to reduce the outlay on construction of
new works.. The adoption of • the course suggested
would remove all apprehension as to the extent of the
proprietors' liabilities, and restore 'their property to its
fair value. The complete information acquired- by the
committee in their investigation touching the superior
value of the portkan of the line in course of construction,
and the inferior prospects presented by all other parts
of the undertaking, impost(' the necessity of adopting
this course. Notice to this effect had been given to 800
proprietors, and replies had been received from 600, of
whom only 29 dissented from the proposal. The direc-
tors had intimated that if Parliamentary notices were
given at all, the proprietors must do it for themselves.
If the capital were now reduced to 650,0001., as more
than one-half had already been paid, the very object
required by the shareholders of seeking powers to re-
duce the capital would be to bring the company within
the benedcial operation of the resolutions of Parliament
for amalgamation.

The CHAIRMAN proceeded at some length to amplify
on the report, and a long discussion ensued, in which
Messrs. Field, Kettrick, Brooks, and others took part.
An amendment to the adoption of the report was pro•
posed by Mr. NictroLL, to the effect that it was the opi-
nion of the meeting that further litigation on the com-
pany's affairs would at the present time be only detri-
mental to its interests.

The amendment, on being put to the vote, was lost
by a majority of 30.
A requisition was then agreed to calling upon the di-
rectors to convene an early meeting, signed by twenty
shareholders, representing an aggregate share interest
of 20,000/. in the company, to take into consideration
the question of limiting the undertaking and capital,
'and to obtain powers to amalgamate with either the
Great Northern, the Midland, or Eastern Counties
Company;, to adopt measures for an improved manage-
ment, and to make a change in the present board of
director's, who, in the mean time, are, called on to ab-
stain from making any further calls.

OPENING OF THE LIVERPOOL,-BOLTON; AND

BURY RAILWAY.

LIVERPOOL, NOT. 17.—T0-day the formal opening of
this railway took place. The lino is considered one of
great importance,,and it will take in all the goods and
passenger traffic from Yorkshire, and the whole of the
coal traffic from Bolton and the neighbouring districts.
The morning being exceedingly unfavourable prevented
the attendance of directors and their friends from being
so numerous as it would ozherwise have been. Shortly
after ten o'clock several of the principal directors, with
other persons
either directly or indirectly interested in
the working, of the line, assembled at the station now in
course of erection in Great Howard-street. A train of
handsome carriages, comprising three first, three second,
and one third class carriage, were attached to the engine,
and shortly before eleven o'clock, all being ready, the
party left the station amidst the congratulations of the
spectators who had assembled to witness the proceedings.
A dinner or lunch was to be provided-at Bolton, when it
was expected the usual interesting proceedings connected
with the opening of a new line of railway would take
place. The . train would return to' Liverpeol in the
evening. The cost of the line is estitnated'at 900,000/.,
which includes the expense of the land. The line passes
Over 26 bridges, and 48 bridges cross the road. There
are six viaducts, and the road enters Liverpool at the
north -end over 117 arches. The principal station will
shortly be erectel in Tithebarn-street, and the arches
will have to be extended to the centre of the town. The
line will effect a saving in the distance to Wigan of
about five miles, and in going from Wigan to Bolton the
journey will only occupy about 15 minutes, which previ-
ously took two hours. The line has been inspected by
Captain Wynne, the Government inspector, who ex-
pressed his approbation of the manner in which the work
has been performed. The railway will be opened for the
daily transmission of goods'and passengers on Monday
next.

ttAILWAY SHARE MARKETS.
BRISTOL, Nov. 17..
STOCK EXCHANGE. —The share market was not ea firm.
and but little business was done. The sales are —Bristol and
Exeter, New, 12 dis.— Great Western, Quarters, 5 dis.—
Ditto, New 17/. Shares, 4 dis=South Devon, 6 per cent., 12.

LIVERPOOL, •Nov. 17.
STocic 'ExorLi.Nov..--The market to-day has not been so
active. I'rices arc a point lower, the market closing lady.
The sales are—Birkenhead, Lancashire, and Cheshire (late
C, and B.), 27/. 10s. Shares, 1238 dis.—Caledonian, Prefer-
ence, dis.—Chester and Holyhead, Preference, 131—
Great Northern, 12% dis. Great Western, Quarters, 4%
dis.—Lancashire and Yorkshire, Fifths, 4% C. dis.—Ditto,
Halves (late Liverpool and ury), 16 dis.—London and
North Western, New Quarters, % c. p.—Ditto, Quarters (C),
114 p.—Midland Stock, El—Ditto, New Halves, 10%1—
South- Eastern and Dover, No. 4, Thirds, 6/. 13s. 9d. c.—
York, Newcastle, and Berwick (G. N. E. Purchase), 1% dis.
MANCHESTER, Nov. 17.
STOCK EXCHANGE.—The sales are..—Caledonian Pre -cr-
eme, c. dis.—Leeds, Preference, 7-16 p.—North'Staford-
shiie, 658 n. dis.—South-Eastern and Dover, Nd. 4, 6 11-16
—East Lancashire, New, 10%—West Riding Union, 3% dis.
Manchester and Birmingham, Quarters (0), 1 p.—Shef-
field. No. 1, 8 dis.—Ditto, Eighths, 7 dis.
BIRMINGHAM, Nov. 17.
STOCK EXCHANGE.— The sales are—North Staffordshire,
6% dis.—Shrewsbury and Birmingham (A), 70s. 3d. dis.
YORK, Nov. 16.
STOCK EXCHANGE.—The business transacted to-day was
as follows :—Great Northern, 6—York, Newcastle, and Ber-
wick, 25%—Ditto, No. 2 (late New Berwicks), 12
Ditto (G. N. E. Purchase), 6%.
GLASGOW, Nov. 16.
STOCK EXCHANGE.—The sales are—Caledonian, Prefer-
ference, 87s. 6d.—Glasgow General Terminus, 9—Glasgow,
Kilmarnock, and Ayr, 46—Ditto, Halves, No. 1, 47s.—Ditto,
Halves, No. 2, 53s.—Monkland Railway, 03—Scottish Grand
Junction, 3s..—Scottish Midland Junction, 14.

BA

On the 9th inst., at the Bower, Limpsfi eld, Surrey, the lady
of S. B. Harman, Esq., of a son.
On the 13th inst., at Henry-street, Avenue-road, the wife
of W. S. Britton, of a son.
On the 13th inst., at Islington, Mrs. Henry R. Alport,
of a son.

On the 14th inst., at Henbury-house, Dorset, the lady of
C. J. Parke, Esq , of a daughter.
On the 15th inst., at St. Leonard's-on the-S?a, the wife
of the Rev. T. A. Maberly, vicar of Cuckfield, Sussex, of a
daughter.
On the 15th inst., at Exe Bridge •house, Tiverton, Devon-
shire, the wife of R. Comins, Esq., of a son.
On the 16th inst., in London, the wife of J. Milligan, Esq.,
of a son.