The Sun.
London, England, 1848-08-31 00:00:00

KILLARNEY AND VALENTIA.

The first half yearly meeting or this company was
held yesterdny, at the temporary offices, in Birchin•lanw,
Cornhill. The Right lion. Lord Viscount Ingestre,
M.P., took the chair, when—

Mr. LICIITON, the secretary, read the report, which
stated that the directors for the first time met the pro-
prietors since their re election, find had merely to inform
them that in accordance with the resolution adopted at
the last meeting they had made a call of 11. per share,
payable on or before the 30th of September next, and,
on its being responded to, they would take the necessary
steps . for commencing this important project. They
were much gratified at the zealous co-operation and as-
sistance which the secretary had received from -the
gentry and landed proprietors of Ireland, and of the
county of Kerry in particular, through which the line
passes. The accounts had been submitted to Messrs.
Lyde and Brown, the auditors, and had been signed as
accurate.

From the balance sheet it appeared that the large
liabilities of this company had now been reduced to the
small sum of 2,7871.—The report was adopted.
The Noble CHAIRMAN stated that they must now form
themselves into an extraordinary meeting for the pur-
pose of taking into consideration what they should do
with the unregistered scrip of the company. The Secre-
tary had been to Ireland, where he had many inter-
views with the landed proprietors with a view to increase
thy basis of the company, and be was happy to say the
result was that a vast number were ready to take up
shares in the company on condition that the directors
would give them shares representing 1L 12s. 6d. paid,
they agreeing to place their names on the registry of
shareholders. This unregistered scrip of the company
being liable to forfeiture, he trusted the meeting would
have no objection to that arrangement.
After a short discussion it was agreed to unani-
mously—" That the directors be authorized to dispose
of the unregistered scrip in such way as could be done
legally."
It was stated that the directors of /the Great Southern
and Western Railway of Ireland looked with interest on
the formation of this line to Valenti* Harbour, and were
disposed to aid in its promotion.
After a vote of thanks to the Noble Chairman, the
meeting adjourned.

WATERFORD, WEXFORD, WICKLOW, AND

DUBLIN RAILWAY.

The fourth half-yearly meeting of this company was
held yesterday, at 449, West Strand; the Earl of Cour-
town in the chair.

The report stated, that since the last meeting the
directors had entered upon the construction of those por-
Lions of the works only between Dublin and Wicklow,
which from their difficult character would necessarily
govern the completion of this important section of the
undertaking. This course has enabled them to limit
their expenditure to the available resources at their com-
mand, and within bounds which have hitherto precluded
the necessity of their adopting any measures of undue
pressure upon the sharehel•ders in arrear, during a
period in which monetary and commercial embarrass:
ment has continued to be severely felt. That the efforts
of the directors had been concentrated on the works
between Dublin and Wicklow, as calculated, when com-
pleted, to develope the remunerative character of the
undertaking. The Bill for legalizing the subscription
of the South Wales Railway Company to this under-
taking of 250,000/. having received the royal assent.
seven of the directors retired to give place to a similar
number of the South Wales Company. By the arrange-
ment between the two companies the construction of the
section to Wicklow was forthwith to be commenced and
proceeded with. The accounts showed that 130,4511
had been received and 97,4371 expended, leaving a ba-
lance of 33,104/. in hand.

The CHAIRMAN, on moving the adoption of the re-
prt, made some observations respecting the construc-
tion of the works, and that it was not the wish of the
directors to press upon the shareholders.
Mr. NASH moved an amendment, that the report and
balance sheet be not adopted, and that the meeting be
dj ourned to that day month.
In answer to a question it was stated that the South
Wales Company had not paid up the calls at the time
the accounts were made up ; the latter company had
power to nominate a portion of the board whether they
paid up the calls or not.
Mr. Nasu addressed the meeting at considerable

.ngth in support of his amendment, with the object of

Showing that the directors were not entitled to the con-
tidence of the shareholders, and that a committee of in-
quiry could not on the part of the directors be reason•
4tily ojected to. He went into an elaborate statement
,1 the prevums circumstances of the company.
Mr. REYNOLDi, M.P., hod supported the line from the
rirst on the ground of its public utility. He thought that
the directors had acted towards the shareholders in a
rery merciful manner. He doubted the prudence of the
course pursued by Mr. Nash, for he held that the por-
tion of the line between Wicklow and Dublin would be
as productive as any line in Ireland.
The amendment was put and lost; the original motion
was then carried, under protest from Mr. Nash.
Mr. NAsu moved " that the allowance to the directors
and secretary be reduced," when

The CHAIRMAN decided that it was a question which
could not be entertained at that meeting, as no notice
had been given, and then declared the meeting dis-
solved.

LIVERPOOL, CROSBY, AND SOUTHPORT.
LIVERPOOL, WEDNESDAY,—The half-yearly meeting
of the shareholders in this company was held in the
'2larendon Room this day. William Nicoll, Esq., in the
absence of the chairman, presided.
The SECRETARY read the report of the directors.
The accounts of the company showed that the entire
receipts on capital account amounted to 39,347/. ss. Bd.,
and the disbursements and liabilities to 116,9951. is. I Id.,
leaving a balance to be provided for of 77,647/. I6s. 3d.,
which it was proposed to raise by three calls of 21. 103.
The cost of making the line from Southport to Water-
loo, including stations and maintenance of way for
twelves months, was 77,284/. 14s. sd. The arrears of the
tirst call amounted to 4,600/.
The CHAIRMAN, in moving the adoption of the report,
stated that the traffic on the line since its opening had
exceeded the expectation of the directors. He then al-
luded to the favourable prospects of the line, and its
advantages to Liverpool and the neighbourhood.
The report was adopted. The other proceedings were
not important.

THE NEW FOREST.—It is rumoured that Govern-
ment have resolved that the New Forest shall be disat-
forested. Such a determination seems not improbable,
considering the evils arising from forests laws, and the
utter uselessness, except to plunderers, of the New Fo-
rest. The forest, it is said, is surrounded by ostensible
timber-merchants, some of whom were nothing better
than receivers of stolen timber. Nothing can exceed
the trepidation which Lord Duncan has caused amongst
(he foresters, verderers, and rangers. They are all
trembling. The books of the deputy-surveyor have
rapn seized, and the election of a vacant regardership
has been suspended. Her Majesty kept servants enough
in Hampshire to prevent a forest pony from stealing a
blade of grass, and yet teams of horses, with waggon
loads of timber, have escaped unmolested. Since the
investigation the officials are so timid that they conjure
up, in the grotesque appearance of the gnarled oaks, the
semblance of detectives. Pan and the sylvan deities
have vanished from the forests, and policemen are now
roaming over their beautiful retreats. For many years
past down Southampton Water there has floated many
a rood of stolen timber, but thanks to timely exposure
and investigation the depredations will for the future
he less frequent, if they are not altogether prevented.—
Bath Paper.
ADMISSION OF THE PUBLIC TO VIEW IHE HOUSE
OF Lorins.—Yesterday the following notice was issued
oy command of Lord Willoughby D'Eresby :—" In con-
s, quence of the preparations necessary for the prorogu-
tion of Parliament, no tickets can be issued to view the
' House of Lords on Saturday next. The public will not
be admitted during the recess, as the presence of visitors
would impede the progress of the works."
WREN'S OBSERVANCE Or GEOMETRICAL RULES
IN HIS CHURCHES.—In respect of relative proportions,
the drawings given by Mr. Clayton enable us to observe
the curious care taken by Wren. Thus, in St. Stephen's,
Walbrook, the height to the crown of the cupola inside
is exactly the width of the building between the walls.
The height of the tower and steeple of St. Benet Fink,
up to the cross surmounting it, was exactly five times
the width of the tower. The height of the tower of St,
Antholin's is four times its width, and, with the spire
exactly eight times: the internal height to the crown of
the oval cupola in the same church is exactly the same
as the greatest length between the columns which carry
it. The height of the tower of St. James's, Garlick-hill,
is four times its width, measured to the under side of
the arch which terminates it internally, and exactly six
times including the steeple—and the minor divisions are
regulated by the seine unit. St. Swithin's Church is
formed into an octagon, and the height to the crown of
the cupola is the same as the width. St. Peter's, Corn-
hill, has the same width as height, and the length of the
part inclosed for service is exactly one and a half time
its width. The height of the tower of St. Nicholas's,
Cole Abbey, is four times its width, and with the steeple
six times: the length of the body of the church inside
le
one and a half time the width, and the height of it is
half the length. It is ennecessary, however, to pursue
the inquiry further here.—Budder. _
The Earl of Roden, it is said, will sell his, Dundalk
p,operty, and be the first to act on thencumbertd
Estates Bill Sale. A good movement this. Grouud-
rents are very high and house ac.tummodation defective
in Dundalk.—Ulcter Gazette.