The Sun.
London, England, 1848-09-02 00:00:00

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N0.17,453.] LONDON, SATURDAY EVENING

CHESTER and HOLYHEAD RAILWAY.
OPENED THROUGHOUT TO HOLYHEAD.
London to Dublin in Thirteen Hours.
The CHESTER and HOLYHEAD RAIL WAY is NOW OPEN
THROUGHOUT, with the exception of about four miles adjoining the
Menai. Straits, for which the Company hare provided properly-ap-
pointed Conveyances, the charge for which is included in the railway
fare.
The Admiralty's and Company's splendid Steam-packets, G7O tons,
370 horses power, run between Holyhead • and Kingstown, in con-
junction with the following Trains, performing the passage in about
four hours.

RAILWAY INTELLIGENCE.
BRISTOL AND EXETER.
The twenty-fourth half-yearly meeting of this com-
pany was held at Bristol on Thursday ; Mr. J. Bullet
in the chair.
The report stated that the half•year's fixed rent from
the Great Western Company amounted to 35,978/. ; the
tollage on 298,703 passengers, at id. per mile, 9,439/
and on 68,447 tons of goods, at Qd. per ton per mile.
3,027/. ; total revenue, 48,444/. The increase over tht
corresponding half of last year is 9911. The capital
account to the 30th of June showed that 2,616,012/. had
been received, and 2,538,0501. expended, including
277,8111. subscriptions to other companies, leaving a ba-
lance
at the bankers of 77,962/. The clear disposable
balance of the revenue account is 29,93/., which pro•
vides for the usual dividend of 41 per cent. per annum
on the 15,000 whole shares, of which B$L have been paid
up, and leaves a reserve of 1,305/. to be carried to .the
next half-year. The dividend is 1/. 18s. 3d. per 100/
share, free of income-tax for the next half-year. The
Acts for the branches from Taunton to Castle Cary,
and from Bleadon to Wells, Glastonbury, and
Street, for the purchase of the Glastonbur3
Canal, and to subscribe the sum of 7,500/. to the
Plymouth Great Western Dock Ccmpany, received
the Royal assent. An extension of two years hat,
been granted for purchase of land and the construction of
the Durston and Yeovil and the Crewkerne. branches.
The branch to Tiverton was opened on the 12th of June,
and there is good ground to believe that the traffic will
produce a reasonable return for the outlay. The direc-
tors are adopting the needful measures for securing a
sufficient stock of plant to work the line independently
at the expiration of the lease in May next, and the en-
gineer is engaged in preparing plans for workshops and
other conveniences. The total amount of expenditure on
account of the main line was 1,985,053/4 the outlay on
account of the branches and for Parliamentary and other
expenses was 274,184/4 the payments on account of
Soutit..Veyoxan4 Cornwall Railway shares, and Ply-
month-Great Western Dock sha a, were,277,812/.
The CiLtrnatesr, on moving that the report be adopted,
said that there had been a considerable increase in the
amount of rent and share of tolls which bad been paid
them by the Great Western Company during the last
half-year as compared with the preceding year of 1847.
Such an increase as this would be most satisfactory
under any circumstances; but was particularly so at
present, when distress and privation prevailed t" so
great an extent. This proved most satisfactorily the
sound nature of the undertaking. That increase was in
number of passengers 8i per cent., and on tolls. 6i per
cent. ; on goods the numbers were 71 per cent., the tolls
15 per cent.—(Hear, hear, and cheers.) He wished to
call attention to the opening of the branch to Tiverton,
an event which had been looked forward to with con-
siderable interest and anxiety. Ho enlarged on the
importance of the railway to Tiverton. He had to in-
form them that the Bills they had solicited in Parliament
had been carried, and, with one single exception, all they
had opposed had failed. As regarded their own success-
ful efforts, the! line from Taunton to Castle Cary had
been originally proposed as possessing considerable ad-
vantages, by affording to the west of England that corn.
munication which had been so much desired, as shorten-
ing the distance between the west of England and
London, and they proposed to accomplish this plan with
the least possible outlay of money. The Chairman pro-
ceeded to say, the South-Western Company was either
the most simple or the most generous of companies.
How could they compete with the Bristol and Exeter
Company and the Great Western Company, passing as
their proposed line, if it was over completed, would,
through a most unpromising and unfortunate country ?
He described the nature and advantages of the Bills
they had obtained during the present session. With
regard to the progress of the South Devon Railway,
there were no parties who had so large a holding in
the South Devon stock as the Bristol and Exeter Rail-
way Company. For some time the directory had felt
the utmost anxiety as to the success of that undertaking
and the experiment as to atmospheric traction, and after
a protracted inquiry it was only the day before yester-
day they came to the conclusion that - they would sus-
pend the working of the atmospheric system.—(Cheers.)
He concluded by remarking that as the lease of the
Great Western Railway would now shortly expire, plant
must therefore be provided to work the line on their own
account.
The resolution for the adoption of the report was then
seconded, and carried unanimously.
Considerable discussion ensued as to the propriety of
opening a negotiation with the Great Western Railway
Company, which terminated in the matter being left in
the hands of the directors.
The usual resolutions were moved, seconded, and
carried unanimously ; also a further one, that all shares
on which the first, second, and third calls had not been
paid up by the 21st of September next, should be for-
feited. A dividend was declared of 1/. 18s. 3d., or
per cent.
A vote of thanks was then passed to the Chairman,
and the meeting separated.

LONDON TO DUBLIN.
1. From Easton-square, London, at a Qaarter to Nine hi the Eve-
ning, with the Irish Mails, and from Chester at a Quarter to Four
to the Morning, leaving liolyheadfor Kingstown (and Dublin) at a
Quarter to seven in the Morning, and arriving at Kingstown about
Half-Past Ten, Dublin time.
2. From Enston-square, London, by Express Train, at Nine o'clock
in the Morning, and from Chester at a Quarter to Three in the Af-
ternoon, leaving Holyhead for Kingstown at a Quarter to Six in the
Afternoon, arriving at Kingstorin about a Quarter past Nine, Dublin
time

DUBLIN TO LONDON.
I. Front Kingstown at Half-past Eight in the Morning, Dublin
time, arriving at Chester at Ten minutes past Five,' and in London
at Half-past Ten in tho Evening.
2. The Admiralty Packet, with the Mails from Kingstown, at Half-
past Eleven in the Morning, reaching Holyhead shortly atter Two,
tha Train in conjunction therewith leaving Holyhead at Twenty
minutes past six, arriving at Chester at Twenty-five minutes past
Nine i• the Evening, and in London at a Quarter to Five the neat
Morning.
Oily the Admiralty Packets and Mail Trains (as above) run oa
the Sunday.
laguSt 12, 1848.

LIVERPOOL, MANCHESTER, AND NEW-
CASTLE-UPON-TTNE JUNCTION RAILWAY COM-

PANT.
At the Fifth Ordinary Half-yearly General Meeting of the Proprie-
tors of the Liverpool, Manchester, and Newcastle-upon-Tyne Junc-
tion Railway Company, held at the Albion Hotel, in the city of Man-
chester, on MONDAY, the 28th day of August, at Two o'clock, r,m.,
Pilrsuant to notice convening the same.
THOMAS ROBERT WILSON /TRANCE, Esq , Chairman.
The advertisement originally convening the meeting to be held. at
Twelve o'clock ; and also the advertisement changing the hour to
Two o'clock, rat., having been read by the Secretary,
It was moved by the CHAIRMAN ; seconded by N. FLEWS, Esq., and
unanimously resolved—
That the common seal of the Cordpalot be affixed to the swifter of
shareholders now produced.
The Chairman hereupon affixed the Company's seal to the register,
and the Secretary having read the report of the Directors and the ba-
lance-sheet.
It was moved by GEORGE Lazetex, Esq., of York ; seconded by
Cues. B. COURTBNAY, _Esq., of Leeds, and unanimously resolved,—
That it is highly desirable to reduce the expellees of the Company
to the lowest possible amount, and that the meeting therefore con-
curs in the adoption of that portion of the Directors' Report, which
recommends a reduction of expense to not exceeding WI. per
annum. That it is also most desirable to suspend any operations in
the construction of works, or making of calls, until the same be au-
thorised by a general meeting of Shareholders.
It was moved by Mr. LEEMAN ; seconded by Mr. CouRTENAT, and
unanimously resolved,—
That the Directors be requested to convene an Extraordinary Special
General Meeting, at an early day, to take into consideration the pro-
priety of returning to each Shareholder a proportionate amount per
share of paid-up capital, until required for the purposes of the Railway.
It was moved by JOHN PARSON, Esq., of London ; seconded by CIIAB.
GißsoN, Esq., of Manchester, and resolved,—
That such meeting he held at the London Tavern, Bishopsgate-
street, in the city of London, on Tuesday, the 3d day of October
next, at One o'clock, r. 31. ; or immediately after the termination of
the adjournment of the Half-yearly Meeting.
It was moved by Mr. PARSON, seconded by Mr. Ginsorr, and re-
solved,—
That the report of the Directors, together with the statement of
their accounts,. now read, be printed, and immediately transmitted
to the proprietary; and that the meeting do now adjourn to, and
meet again for further consideration of the Company's position, at
the London Tavern, Bishopsgate-street, in the City of London; on
TUESDAY, the 3d day of October, 1848, at twelve o'clock at noon ;
and that the half-yearly expenses be shown by schedules, explana-
tory of the details in the statement of accounts,
THOS. ROBT. WILSON FFRANCE, Chairman.
The chairman having declared the meeting adjourned, and vacated
the chair.
It was moved by H. TINDAL ATKINSON, Esq., of London, seconded
by JOIN MWARLANE, Esq., of Manchester, and unanimously re-
solved—
That the thanks of this meeting be given to the Chairman for his
able•conduct in the chair.

C. MOORE WILSON, Secretary.

IVERPOOL, MANCHESTER, AND NEW-
CASTLE-UPON-TYNE
. JUNCTION RAILWAY COM-

I'ANY.
Notice is hereby given, that in pursuance of a requisition of the
General Ordinary half-yearly Meeting of the Proprietors of the
Liverpool, Manchester, and Newcastle-upon-Tyne Junction Railway*
Company (conveyed to the Directors by the resolutions passed this
day) an Extraordinary General Meeting of the Proprietors will be
held at the London Tavern, Bishopsgate-street, in the City of Lon-
don, on TUESDAY, the 3d day of October next, at One o'clock,
or immediately after the termination of the adjournment of the
Halt-yearly Meeting, for the purpose of " Considering the propriety
of returning to each shareholder a proportionate amount per share
of paid up capital until required for the purposes of the railway."
THOS. ROBT. WILSON FERANCE, Chairman.
C. MOORE WILSON, Secretary.
CcanPany'gs Offices, 78, George-street, Manchester,
Aug, 28, 1848.

gt RE AT WESTERN RAILWAY.
AT. OPENING of the WILTS, SOMERSET, and WEYMOUTH
RAILWAY from CHIPPENHAM to 11ELKIIIIIM, TROW-
BRIDGE, and WESTBUIIY.
Notice is hereby given, that on and after TUESDAY next, the sth
instant, the Line from Chippenham to Westbury will be OPENED
for r U MAC TRAFFIC. Particulars of the Departure and Arrivals
of the Trains will be duly notified, and Train-bills furnished at any
of the Great Western Railway Stations.
By order of the Directors,
CHARLES A. SAUNDERS, Secretary.
Paddington Station, September 1, 1818.

E ROYAL POLYTECHNIC
INSTITUTION, REGENT-STREET.
The Cause of the Fatal Explorion in Albany-street explained and
illustrated by Experiments, in a Lecture by Dr. Ryan, on Gas Mak-
ing. in which the new Patent Gas Apparatus of Stephen White, Esq.,
will be exhibited daily at Half-past Three o'clock, and in the Eve-
nings of Monday, Wednesday, and Friday.—A Lecture on the His-
tory, Uses, and Manufacture of Gutta Percha, by Dr. Eachhoffuer
daily, at Two o'clock, and in the Evenings of Tuesday, Thursday, and
Saturday.—The various Optical Effects.—Diver and Diving-bell, &c.
Open daily from Eleven to Five ; and is the Evenings (including
Saturday) front Seven till Half-past Ten.
Admission, ls.—Schools, Half-price.—The Now Catalogue, Is.
•

CORN HARVEST.
_BENJAMIN EDGINGTON, 2, Duke-street,
London-bridge, has a few good Second-hand Rick Cloths at
reasonable cost. Marquees and Tents for royal or noble parties, or
fetes of the most brilliant character, of the shortest notice. New
Rick Cloths, with poles complete, of any size. Netting and Bunting
for fruit trees, &c.
A Warehouse, 208, Piccadilly. Address, per post, to the Manufac-
tory, 2, Duke-street, London-bridge.

Consulting SEXES
C Surgeons,REp
I SLEI
sATSOENS BOTH
CO ,
MANHOOD SUSTAINED CONSTITUTIONS RESTORED
and
By A/eNleDssrsp.
69, Newman-street, Oxford-street.
Member of the Royal. College of Physicians, Surgeons, A +l,
an-
caries of St. Petersburgh and London, Member of the Loudon Col-
ley of Medicine, &c., &c., &c.
110/IESSRS. , LISTON and CO., baying made
Diseases of the Genital Organs their especial Study, under-
take the Cure of all species of Diseases incurred by Contagion,
UreThral Complaints in both sexes, speedily and effectually.
honou
Patien
rablets ma
confidence,y rely on suandperior
inviolable secrecy. Medical talent, delicate investigation,
Messrs. Liston and Co., may be consulted at 69, Newman-street,
Oxford-street, daily, from ten till eight, and en Suadays, from Rine
till two.
Letters (post-paid), inclosing a Fee, answered by return, and
Country Patients corresponded

REMOVED TO 37, BEDFORD-SQUARE.
DR. LA'llEftT ON THB SECRET INFIRMITIES OF YOUTH
AND IfATLTRITY.—WITH 40 COLOURED ENGRAVINGS ON
STEEL.
rust published, and may be had hi French Or English, in a Sealed
Envelope, 2s. fid„ sr post-free, from the author, for forty-two
Stamps,
SELF-PRESERVATION; a Medical Treatise
- on the Physiology ef Marriage, Infelicitous and Unproductive
Unions, and the Secret Infirmities and Disorders of Youth and Ma-
turity, usually acquired at an early period of life, which enervate
the physical and rental powers, diminish and enfeeble the natural
feelings, and exhaust the vital energies of Manhood; with Practical
Observations on the Treatment of Nervous Debilli.:7 and Indigestion,
whether arising from these causes, close study, or ts.o influence of
tropical climates; Local and Constitutional Weakness, Syphilis,
Stricture, and all Diseases and Derangements resulting from Indis-
cretion. With Forty coloured Engravings, illustrating the
Anatomy, Physiology, and Diseases of the Reproductive Organs,
explaining their structures, uses, and functions, and the various
Injuries that are produced In them by solitary 'habits, excesses, and
infection. BY SAMUEL LA'MERT, M.D.,
37, BEDFORD-SQUIRE, 'LONDON.
Doctor of Medicine. Matriculated Member of the University of Edin-
burgh, Licentiate of Apothecaries' Hall, London, Honorary Member
of the London Hospital Medical Society, &c.
Marriaga.requires the fulfilment of several conditions. in order
that It may be really the cause of mutual happiness. Could the
veil, which covers the origin of domestic wretchedness, be raised,
and its true source in every instance disclosed, in how many could
it be traced to physical disqualifications and their attendant disap-
pointments. Excesses are always injurious ; the gift, which when
used in moderation is fraught with advantage, becomes, when
sbused.the prolific source of mischief and of greater or less injury
to the constitutional aid vital powers. The particular excesses, on
the nature and consequence of whleh this Treatise professes to dilate,
are productive of greater severity of misery te the human frame,
ban any other to which it is subject.
This work contains an accurate and complete account of the
AllatArny and pygology of the Reprioductivo Organs and o
their relative conditions in health and disease. It deservedly
requires the closest attention and study, for what subject can
be of more importance tan the preservation of the health
and of the physical capabilities of which every man should
be possessed. It unfortunately happens that the unhappy
victim-of excessive indulgence and vicious habits, whether acquired
in early life or from the follies of advanced age, while suffering
(loan their invariable consequences, unwisely entertains a fear of ap-
plying to a qualified physician for relief. Shame and the dread so
frequently, but errcneonsly entertained that these complaints are
beyond the rbooh of art, alike restrict him and prevent his seeking
for assistance. where alone it can be procured. In acting thus, he
forgets that accurate diserimination n ascertaining the causes of
liscase, sympathy with the sufferer, and, above all, secrecy, inva-
riably characterise the intelligent and practical physici quin
ts to the
medical man who can show by lits possession of the si legal
qualifications that he is entitled to esteem and respect in his profes-
sional pursuits, the utmost coufidence should be extended. Dr.
LA'MERT has obtained the highest medical honours, as his diplomas
certify, and the great extent of his practice fer many years is a
guarantee for his professional experience, which has reference almost
solely to the treatment of these diseases.
Published lay the Author, and may be had of tent and Richards,
52, Paternoster-row ; Hannay, 63, Oxford-street; Stark, Tichborne-
street, Haymarket ; Mansell, 115, Fleet-street; Gordon, 146,
Leadenhel-street, London ; or, free by post for forty-two stamps,
free 'be Author, who may be consulted on these disorders pera, at his
onany
rby letter, daily, from Tex till Two, suid from Five per
t
a,
37. Bedford-square, London.
_-----

TRADES. DELEGATE MEETING.--Thursday a meet-
ing of delegates appointed by the metropolitan societies,
was held at. the Craven's Head, Drury-lane, for the pur-
pose of receiving the report of the committee elected to
draw up a constitution for the trades of London. Mr.
James O'Leary in the chair. The secretary read the
report, of which the following are the principal fea-
tures:--" That it is deemed necesssary to establish a
Trades Association,' in order to work out an amelio-
ration in the condition of the people by legal and consti-
tutional means—that Parliamentary approbation be re-
quested for the rules—that the land ought not to be
possessed exclusively by a fractional portion of the com-
munity—that the laws which fix the price of gold and
restrict its expansion should be repealed, and a repre-
sentative currency issued—that machinery should be
taxed for revenue purposes, and foreign manufactures
equalized in price to our own in the home market—that
education and employment be provided by the Govern-
ment for the people." It then goes on to recommend
that home colonies should Le established on the waste
lands in the United Kingdom, likewise elective franchise
to every man twenty-one years of age, and concluded by
suggesting a graduated property-tax in lieu of other
imposts. The latter part of the document merely con-
tained rules for the formation of the association. The
further consideration of the report was then adjourned to
a future meeting.

the head " Materials," for the mare economical repairs
of the carrying stock.
The total receipts from all mimes up to the present
time, were 421,524/. 19. 2d., and the expenditure
443,97.41..75. 7d., being 22,450/. 6s.'sd. over the receipts.
The revenue account stated, that 13,8371. had been
received, and 13,825/. expended, iireluding 6,5581. interest
on loans, leaving a balance in haad of 121.
The report was adopted. -

After much discussion on the present state and fu-
ture prospects of the company,- a committee was ap-
pointed to negotiate with the York, 'Newcastle, and
Berwick Railway Company, for the sale or lease of this
line to them.

The retiring directors and auditor were unanimously
re--elected. It was proposed and carried, that in future
the remuneration to the auditors should be 101. per an-
❑um each.

The proceedings concluded with a vote of thanks to
he Chairman and directors for their services.

TAW VALLEY.
The half-yearly meeting of this company was held on
Thursday, at the London Tavern ; Mr. E. Cooper in
the chair.

The report stated that during the past half-year the
progress of the works had been- very limited, that a
call of 21. per share was made, payable in March last,
and a further call would be payable in October next. The
directors congratulate the shareholders on the successful
termination of the long pending application to Parliament
of their allies the South-Western Company, for powers
to extend their railway from Salisbury, by way of Yeovil,
to Exeter. The directors regret that the Bills for leas-
in the railway to the' South-Western Company, and for
making a junction linefrom the South-Western central
station in Exeter to Cowley-bridge on the Exeter and
Crediton line,,have not received the sanction of Parlia-
ment. The provisional agreement for the lease between
this company and the South-Western Company pro-
vides that either party May._ upon notice terminate the
agreement. Shotlld thll,4lapi.z ion to Parliament be
uniniceessfal, introtigrrefftal . imenlegtiene bay, been
made to the South-Western Company—the directors
nave not been able to arrive at any definite arrangement
on the subject. Some of the 'South-Western directors
are about to go over the line and works on the sth of
September, but the difficulties imposed upon this com-
pany by the decision of the Railway Board on the gauge
question, the rejection of the leasing Bill by Parliament,
and the present state of monetary affairs, require the
serious attention of the shareholders. That the directors
will gladly concur in any measure that may be con-
sidered conducive to the general interests of the com-
pany.
The engineer's report stated that the second contract,
extending from Barnstaple towards Umberleigh-bridge,
about 6i miles, with the exception of the bridge over the
Tarr, at Barnstaple, is nearly completed, and a consider-
able portion of this, and of the line from Barnstaple to
Freinington ballasted, and a single line of permanent way
laid. The accounts to the 30th of June showed that
133,5911. was received, and 132,5041. expended, leaving
a balance of 1,0871.
The CHAIRMAN, on moving the adoption of the re-
port, stated that every effort had been made by the di-
rectors, aided by the South-Western Company, to obtain
power to rescind the decision of the Railway Commis-
sioners with respect to the gauge of the line. That
company had expressed their willingness to take a lease
of the line, and carry out their agreement independent
of the gauge question, whether the broad or the narrow
--4.auge was imposed on them, although it might involve
%dditional expense. It was quite certain that the deci-
sion of the Railway Commissioners had involved them
in considerable difficulty, and had nearly the effect of
preventing the construction of their line.
Mr. BAILDON seconded the motion.
In reply to questions, it was stated that the South-
Western Company held 6,850 shares in the Taw Vale
Company, that they had paid 61. per share on them, and
advanced 6,300/., making the total contribution 47,0001.
Mr. DAVY moved an amendment, " That it was de-
sirable, if possible, to effect a sale of the undertaking
to the Bristol and Exeter Company. He believed that
the latter company were quite ready to fulfil every en-
gagement that they had formerly entered into with this
company.
The amendment was not seconded.

Mr. CARDEN said he was a large holder of shares in
the company, and would propose an amendment, which
he hoped would give- them the opportunity of treating
with either company. His object was to get the best
terms he could, and give a value to his property. He
concluded by moving "That the reception of the
report be adjourned to the 17th of October next;
that a committee of five shareholders be appointed
to inquire into auy negotiation with other compa-
nies with reference to selling or leasing the Taw Vale
Railway and Dock; and to conclude such negotiations,
ur to enter into new ones with other companies, subject
to the approbation of the shareholders; that Mr. R. Car-
den Mr. J. H. Jay, Mr. J. Hill, Mr. J. D. Williams, and
M. ?W. M'Murray be such committee; and that the soli-
citor and the secretary to,the company be instructed to
attend such committee when required, and to give such
information as may be necessary."
Mr. JAY seconded the motion. _ _

After a long discussion the resolutions were amended,
to the effect, " That the report should be printed and cir-
culated amongst the proprietors, and the meeting ad-
journed to the 17th October; and that the committee
should have power to continue such negotiations, and to
report the result to the adjourned meeting of the pro-
prietors; that a special meeting also be called for the
17th of October, to take into consideration any propo-
sition that may be submitted."

..
The resolutions, as amended, were put and carried
unanimously, as was also a resolution directing the inte-
rest at the rate of 5 per cent. per annum, to be payable
on the 16th of October.

Thanks were voted to the Chairman, and the meet-
Lug separated.

EAST LOTHIAN CENTRAL.
The half-yearly general meeting of this railway was
held at Edinburgh on Wednesday; Mr. H. M. Davidson
in the chair.
When the proposal was made to attach the seal of the
company to the register,
Mr. P. DREW, of Glasgow, entered his dissent, as he
had done at the last meeting, in consequence of the scrip
holders not being recognised.
After the seal was attached the report of the directors
was read by the secretary. It stated that the company
were precluded from taking any steps for •the execution
of their works till the 20th of December next, in conse-
quence of having come under the Chancellor of the Ex-
chequer's Act, and the line was, therefore, in the same
state that it was at the last meeting. The directors
had, however, since that period, been engaged with
legal proceedings, in consequence of the protest which
was lodged by Mr. Drew at the last meeting against
the completion and authentication of the register in
terms of the statute, by including in the register the
names of the original allottees of the scrip which had
not been sent in for registration ; and also in con-
sequence of a note of:a suspension and interdict, which
had been presented by_ a shareholder for the purpose of
having the directors debarred from issuing to any third
party the sealed certificates for the stock represented by
the stock which he held. The opinion of the Lord Ad-
vocate had been obtained on the point which was raised
by Mr. Drew, and he-approved of the course which had
been adopted by the directors; and in reference to the
other point raised, on the 15th of hat month the Lord
Advocate had pronounced a judgment, the effect of
which was to fix the liability of shareholders upon the
original allottees in respect of those shares for which
scrip was not sent in for registration, and as a neces-
sary consequence to authorise the issue of the corre-
sponding sealed certificates. This decision, however,
had been declaimed against; and although the directors
felt assured that it would be confirmed by the Inner
House, they were reluctantly compelled to suspend
the issue of the sealed certificates to shareholders who
wore not in possession of the scrip until the decision
of the Court of Session was obtained. The sealed
certificates had therefore only been issued to share-
holders who had duly sent in scrip for registration) but
the directors in the meantime were prepared to recog-
nize the
parties whoa() lathes appeared on the register
as the real shareholders of the company in all other re-
spects. The report then stated that the application to
the Commissioners of Railways for the further exten-
sion for two years of the time for the completion of the
works had been complied with. -In conclusion, the di-
rectors suggested in the,present depressed state of trade,
and in the present difficulties of the money market, that
the consideration of the future policy of the proceedings
of the company should be delayed till the next hall-
yearly meeting in February.
In answer to a question from a Shareholder,
The Cnarainast stated that the total sum in the hands
of the company was 12,4821.
Mr. LYON, broker, moved the adoptiolhoaft the report;
which was agreed to. He then moved,
Aitchison, of Alderston, be re-elected one ofrildieamdeis
rectors; and that Mr. Thomas Toddriek banker, Had:
diegtou, be, elected in the room of the director who had
retired.
Mr. DREW, Glasgow, moved, as _
an amendment,
" That Mr. James Orr and Mr. Patrick Dugald, jun., be
appointed directors? 'lle did
_ so because these gentle-
men would do all they could to prevent the commence-
ment of the undertaking, which he was convinced would
never pay, being ono of the maddest projects that was
ever started in the 'midst of the railway mania.
Mr. ltienues differed from Mr. Drew. He considered
this line a first-rate one, and had every confidence in the
directors, who declared that it was nut to be pressed
forward till the money market warranted it.
On a division there were 859 votes for Mr. Lyon's
motion, and 193 for the amendment; and the motion
was consequently declared carried by a majority of
666.
The meeting then separated.

LONDONDERRY AND COLERAINE.
•
The half-yearly meeting of this company was held
on Wednesday, at the offices, Church-passage, Guildhall,
Mr. J. G. Frith in the chair.
The report stated, that if the works for the reclama-
tion of the land be prosecuted on the plan proposed
by a contractor, the water may be shut off the
central inclosure in eighteen months from the time
of the works being resumed, and at a cost of 70,0001.,
leaving the further, outlay necessary for
.completing