The Sun.
London, England, 1846-08-03 00:00:00

ebitic 'Zbitiott

SUN OFFICE, Seven o'Cluelt.

PETERBOROUGH AND NOTTING-
HAM JUNCTION BAILWAY.,

(THIS DAY.)
A special meeting of the shareholders of this Company
took place this day, at the London Tavern, under the provi-
sions of an Act for the purpose of facilitating the dissolution
of railway companies. The meeting was advertised for one
o'clock, but it was not until long after that hour that the
proceedings commenced. About two o'clock the chair was
taken by Lord Thomas Clinton.
The CHAIRMAN said that the directors had deeply to re-
gret that they appeared before the shareholders without
having an opportunity of going before Parliament, and
being obliged to announce that the funds of the Company
were not in as flourishing a state as they could wish. Their
failure was entirely owing to the refusal of those to whom
shares had been allotted to perform their part of the con-
tract. The directors had
innever gained a singlwas
e
shilling by the scheme, fact the contrary
the case, nor had there been any unfair
market. " course
adopted. There had been no " rigging of the
The directors had hopes to the very last moment of amalga-
mating with other companies, and thus have been enabled to
place the shareholders in a better position.
The SEcagrAny stated that there were twenty-nine com-
mitteemen who had not paid as yet, and that the balance in
band was 4,7411. 14s. 4d., and that there were bills for 1,8621.
more, which were in course of payment.
The following gentlemen were then appointed as scruti-
neers :—Mr. Alton, Mr. Whitecombe, and Mr. Travers.
Mr. F. L. COLE moved the dissolution of the Company.
Mr. ROULP seconded the resolution.
It was also resolved that the act should not be taken as
an net of bankruptcy.
The numbers voting were—
For the dissolution 1,830 shares
As an act of bankruptcy
30
The meeting was then adjourned, there being nearly 400
more shares requiring to be represented to constitute a
meeting.

RAILWAY COMMITTEES

(THIS DAY.)

HOUSE OF LORDS.

Room A.
ST. ALIIANS, LUTON, AND DIINSTADLM.
(Continued from our Afternoon Edition.)
Mr. Vyse, cross-examined by Mr. AusTIN —Rad an establishment
in London, and his proportion of the outlay at Luton, of 500,0001.,
was 45,6721.
Re-examined by Mr. Sergeant Waal/mum—The rejection of the
Oxford and Cambridge line would be of great benefit to this line, for
the traffic which would be diverted from this course must flow in
this direction. His calculations with respect to the popu-
lation were made from actual observation, and inquiries
of those persons qualified to give him correct information, and he
adhered to his statement. The number of money orders distributed
at Luton was 20,000.
Mr. Willis of Luton, was called, and stated that he concurred fully
in the evidence of the preceding witness. lle also stated that Luton
was far superior in the staple trade of the town to Dunstaple, and
that the proposed railway by effecting a saving of ftom 7,0001. to
10,0001. in the article of coal to Luton, and by forming a communi-
cation between Luton, Dunstable, and St. Albans, would be of the
greatest advantage to these towns.
Several other witnesses were examined in support of the Bill, to
prove the traffic.
After which the Committee adjourned.