The Sun.
London, England, 1846-01-05 00:00:00

989 16 4

....
21,4

2N,

41%

35,907 16 3
35,000 0 0

22,473 13 5

E. E. £102,949 17 6
" WM. BERESFORD, Chairman,
" C. LOCOCK WEBB, Secretary.
" Gresham Rooms, Basinghall-street,
London, sth January, 1845."
The CHAIRMAN then said, that if any gentleman had
a question to ask that was the moment to do so, and
if not then, he (the Chairman) should move the adoption
of the report, and its circulation among the shareholders
both in town and country.
Mr. COLLETT, M.P., rose to second its adoption, when
Mr. CARLISLE said, that ho would ask the chairman
one question. The amount placed to account of pr. -
liminary expenses was exceedingly small, as compared
with other companies of au equal extent—(Hear, hear)
—that amount being little more than 9,0001. Might be
be allowed to ask if the balance yet due was very large?
The CHAIRMAN—No, certainly not. The meeting would
perceive that 6,000/. was placed to the account of Sir John
Rennie, their engineer. That gentleman had, however,
before the terms of the amalgamation were agreed on
seat in by desire of the Committee his account, svbich
amounted to some 12,800 and odd pounds. He (the
Chairman) and the Board considered this charge un-
warrantable, and demurred to pay it. Sir John Rennie
then wrote a letter—he (the Chairman) had it then in
his possession)—desiring to be informed of the solicitor
to the Company's name, that he might commence pro
ceedings thereon. The Directors were determined to
defend the action, and he was sure that the shareholders
would not flinch from supporting them.—(Cheers.)
The advertising expenses had been but trifling, and in
that department there were but f_w accounts remaining
due. The law expenses were put down at 5701., that being
the amount advanced to the country for making up the
registry-books, in accordance with the standing orders.
They had, since the terms of amalgamation had been
agreed on, stopped the serving of notices, which would
considerably abridge the expenses. The other parties
would serve them, and that Company would share the ex-
penses with them. The traffic tables might be thought
highto cost a price, but they had employed the eminent
traffic take'. Mr. Humphrey Broom and his services,
however high they might seem chargedt,hsseB,'yeerw.e,e7rheoaradtwhatraleilel
money.—(Hear, hear.) The traffic to be realised wa,
he was informed by Mr. Brown, most satisfactory._.
(Hear, hear.t)o
theT meseatl,araieeds,
fbreoemn
tpaidhe
financial statement, shtlaaetteemsrteemnntto, in what position the Com-
pany stood with regard to Exchequer-bills.
Mr. CARLISLE was exceedingly glad to hear the ex-
planation given by the Chairman. It might have ap-
peared to others as extraordinary as it did to himself,
that the expenses should have been so extremely mode-
rate, and, like himself, too, some members might have
suspected that the answer would have been far from
satisfactory. He was glad that it was not so ; he was
doubly glad that he bad put the question, for now the
meeting
. liD o,s we
eingokynewtheexact position in which they stood.
understood) asked what was the
poi ition of the amalgamating Company ?
The CHAIRMAN had gone down last week into York-
shire to confer with the Board of Directors of the other
Company, and a more agreeable set of persons he had
not often met whh.—(Hear.) Himself and five gentle-
men had gone down, and they had formed a
joint Board for the. first time, and at that board
he had the honour of being chosen Chairman. He es-
teemed it not only an honour to himself to be so chosen,
but he considered it an honour also to the shareholders
of the Leeds and Carlisle Railway,—(Cheers.) At
that meeting he asked several questions, which were as
readily answered. He found that their expenses were ex-
tremely small when it was considered what they had done.
indeed, he was of opinion that 10,000/. would cover all.—
(Hear, hear.) They were supported by a large and ex-
tensive proprietary, many of whom were in the direc-
tory. He might mention Mr. Wyvil, of Constable
Burton ; Mr. Paulett, nephew of Lord Paulett, of Bolton-
},all; Mr. Anderson, also a great proprietor in the line,
and many gentlemen of smaller properties, who would
be equally affected. Thin they had upon the provisional
committee Lord Beaumont, through whose lands the
Inc passed to the extent of a mile and a half ; Lord
Wharncliffe, lately Mr. Stewart Wortley, whose
property was affected to the extent of six

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