The Sun.
London, England, 1848-09-08 00:00:00

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LONDON, FRIDAY LNING

Mr. TOOTAL seconded the motion.

PUBLICATIONS.

MR. JAMES'S NEW NOVEL.
Now to be had at all the Libraries, in 3 vols., post gm,
BEAUCHAMP; or, THE ERROR.
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Author of " Sir Theodore Broughton," " The Conylet,"
" Russell," &c., &c., &e.
London : Smith, Elder, and Co., 65, Cornhill.

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Also, by the same Author, in a few days, •
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and Stationer, 11, Royal Exchange.

s.. A
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---
RAILWAY IN TELLIGENCE.
MONKLAND.
On Wednesday the first general ordinary meeting of
this company was held at the Star Hotel, Glasgow, Mr.
Thomas Graham in the chair. The advertisement call-
ing the meeting having been read, Mr. Knight, the secre-
tary, read the report of the directors, from which it ap-
peared that, notwithstanding considerable opposition,
the Act for the Amalgamation of the Monkland and
Kirkintilloch, Ballochney, and Slamannan Railways, for
which the directors, in March last, were authorised to
apply, had been procured, and that they now met toge-
ther for the first time under it. Under this Act the old
shares in the Monkland and Kirkintilloch, Ballochney,
and Slamannan Railways had been converted into con-
solidated stock in the manner stated in the report sub-
mitted in March last—viz., 22/. 165. 10d. for each share
of the Monkland and Kirkintilloch; 40/. 10s. 103. for
each share of the Ballochney ; and 221, 15s. 10d.
for each share of the Slamannan Railway. The three-
tors felt gratified on this occasion in directing the
attention of the shareholders to the very favour-
able state of their balance-sheet. It showed a free ba-
lance of 9,530/. ss. 5d., applicable to a dividend, which
was in round numbers at the rate of 6 per cent. per
annum. The directors, however, deeming it essential to
keep a reserve account, for the purpose of replacing
works or plant, had come to the resolution of recom-
mending to the shareholders that they should only de-
clare a dividend at the rate of 5 per cent. per annum,
payable on the Ist of November next, and that the
balance be carried to reserve account. The revenue ac-
count for the past six months only showed an increase
of 1,7351. 12.4. 4d. over the preceding half-year, but the
directors had pleasure in stating that they had been able
to reduce the working expenses, excluding interest upon
thii% from 15,198/. 4tl. to 10,7411. 8-. 101., thus
eketing; a saving on the half ear of 4,4.57/. ss. 6d.
Owing to the opening of the Castlecary branch, con-
necting the Scottish Central with the Caledonian Rail-
way, an addition to the trade of this company would
arise therefrom, on account of a portion of the Monk-
land Railway being required for the transit of their
traffic. The traffic of the company would also be un-
doubtedly increased from the opening of the Campsie
branch of the Edinburgh and Glasgow Railway. The
report then detailed the expediency of creating new
shares, guaranteed 6 per cent. per annum.
It was then resolved that the seal of the company be
and that qud affixed to the register of proprietors of consolidated stock,
lftlesesatshtlarneslOfotr,
disposing
so as to combine such fractions under the authority of the
shareholders individually.
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shareholders, but carried to the proper accounts for en •
larging and repairing the works connected with the un-
dertaking, which was seconded by Bailie SMITH.
Mr. DUGALD BANNATYNE proposed, BS an amend.
ment, that in the mean time the sum be not divided, but
carried to suspense account, wnich was seconded.
The vote was then taken, and the motion declared
carried.
The CHAIRMAN further proposed that the sum of
8,2461. 19s. 63. be divided among the shareholders of the
consolidated stock, rateably and proportionably as a di-
vidend, at the rate of 2i- per cent. for the half-year end-
ing the 31st of July last, payable on the Ist of Novem-
ber next, without deduction of income-tax, which mo-
tion was seconded and approved.
Several other resolutions, such as the approving of the
report, the appointment of directors and auditors, were
approved, after which the meeting resolved itself into a
special meeting.
It was then proposed that the company do now create
55,0001, or shares of new or additional capital, and that
the said new shares or capital be guaranteed at the rate
of 6 per cent. per annum, which motion having been
seconded by Mr. RoBERT URATIAME, was approved.
A vote of thanks was then tendered to the Chairman,
and the meeting adjourned.

MANCHESTER, BURTON, MATLOCK, AND
MIDLAND JUNCTION.
The fifth halt-yearly meeting of the proprietors was
held yesterday at the Midland station, Derby; the Hon.
G. H. Cavendish, M.P., in the chair.
The report stated, that the Act to authorise a devia-
tion in the line had received the royal assent. By it the
capital of Ihe company is reduced from 1,650,0001. to
1,320,0001., and the shares from 201. to 161. each; and
the necessary powers are obtained for constructing the
railway in its improved form to Rowsley. To the com-
pletion of that portion of the railway the directors pro-
pose to devote their immediate attention, and as the
works are of a very easy character and will involve a
very slight outlay, which will practically bring into ope-
ration nearly five additional miles of line, it has been
thought advantageous to proceed so far with the under-
taking. Beyond this point the directors entertain una
r.iimeusly the opinion that they will not at present be
Justified in advancing, and it is not, therefore, their in•
tention to enter into any further engagements or to let
any contract without the previous sanction of a majority
of their proprietors. No further call will be made
during the present year. The directors do not purpose
to incur any expense in providing stock for working
the railway, the Midland Company having expressed
their willingness to work the line upon the most advan-
tageous terms to this company.
The report of Mr. Campbell, the engineer, stated that
a junction was formed with the Midland Railway at Am-
bergate; and from that point to Whatstandwell-bridge
the road was ballasted and the permanent rails were
being laid. At Lea-wood, the Cromford Canal had been
passed over the railway and permanently secured. That
the line to Rowsley can be completed for opening in
March, 1849, within the estimated cost.
By the financial statement it appeared that there had
been received the sum of 266,5351., and expended
219,3001., leaving a balance in hand of 47,2351.
On moving that the report be adopted, the CHAIRMAN
referred to the great expenses which had already been
incurred, and the depressed state of railway property
owing to various causes, and then said, it was the inten-
tion of the directors not only to press forward the works
upon principles of the most rigid economy, but to lessen
every office and other expenditure to the utmost degree.
Believing that the directors can carry on the works at a
lower rate of expenditure for themselves, they proposed
to reduce their own charges one half, so that from June
last the directory would he reduced in cust from 1,500/.
to 7501. per annum.—(Hear.)

In answer to questions put to the Chairman, it ap-
pearel that on the first call, there are 8,0001. in arrears
due; and on the second call of 80,0001., there are
21,000/. due.
Several shareholders expressed themselves strongly in
favour of the directors enforcing payment of the arrears
due.

The CHAIRMAN said it was the intention of the di-
rectors to enforce payment where practicable; and per-
II:Ts it might be satisfactory to the meeting to know
that preliminary steps had already been taken, and if the
arrears were paid up, 11. per share more would enable
the directors to finish the line to Rowsley.
The motion for the adoption of the report was then
carried, alio a vote of thanks to the Chairman and di-
rectors for their services, and the meeting broke up.

RAILWAY BILLS IN THE PAST SESSION
OF PARLIAMENT.
The following is an official and alphabetical list of
petitions far Railway Bills presented in the House of
Commons. and the proceedings thereupon, in the ses-
sion of Parliament just ended. The Bills which passed
the third reading in the Commons and did not re-
ceive the royal assent, were rejected in the House of

Lords:-
(N.8.-Those printed in Italics are suspended Bills of
Session 1847.)
Aberdare Railway Act Amendment (Lease of Line
and Works to the Taff Vale Railway Company)-Peti-
tion presented, February 3-Bill read a first time,
March 15-Bill read a second time, March 20-Bill
read a third time, May 22-Received the royal assent,
June 20.
Aberdeen Railway (Additional Capital)-Petition
presented, February 3-Bill read a first time, March
15-Bill read a second time, March 24-Bill read a
third time, June 19-Received the Royal assent, July 22.
Airdrie and Bathgate Junction Railway (Amendment
and Deviation)---Petition presented, Feb. 3-Bill read
a first time, March 16-Bill read a second time,
March 24.
Arbroath and Forfar Railway (Additional Capital)
-Petition presented, Feb. 3-Bill read a first time,
March 15-Bill read a second time, March 24-Mll
read a third time, June 9-Received the royal assent,
July 22.
Birmingham and Oxford Junction Railway (Deviation
from Leamington to Warwick)-Petition presented, Feb.
4-Bill read a first time, March 15-Bill read a second
time, March 24-Consolidated with the Great Western
Railway (Loop line, &c.)
Birmingham and Oxford Junction Railway (Deviation
from Leamington to Warwick, and Purchase of Stratford-
upon-Avon Canal Navigation)-Petition presented, Feb.
4-Bill read a first time, March 17-Bill read a second
time, March 28-Withdrawn.
Bristol and Exeter Railway (Taunton and Castkcary
Branch)-Petition presented, Feb. 3 - Bill read a
first time, March 15-Bill read a second time, March 21
-Bill read a third time, June 8-Received the royal as-
sent, July 22.
Bristol and Exeter Railway (Branch from Bleadon
to Wells, Glastonbury, and Street)-Petition presented,
Feb. 3-Bill read a first time, March 15-Bill read a
second time, March 21-Bill read a third time, June 8-
Received the royal assent, July 22.
Bristol and Exeter Railway (Glastonbury Navigation
and Canal Purchase)-Petition presented, Feb. 4-Bill
read a first time, March 15-Bill read a second time,
March 24- Bill read a third time, May 30-Received the
royal assent, June 30.
Caledonian, Lancaster, and Carlisle and London and
North-Western Railways (Lease of Scottish Central
Railway)-Petition presented, Feb. 29-Bill read a first
time, March 16-Bill read a second time, March 27.
Caledonian Railway (Branch across Clyde and Glas-
gow Station)-Petition presented, Feb. 3-Read a first
time, March 16-Bill read a second time, March 27-
Bill read a third time, June 23-Received the royal as-
sent, Aug. 14.
Caledonian Railway (Branches connecting the Clydes-
dale Junction and Wisbaw and Coltness Railways, .&c.)
-Petition presented, Feb. 3-Bill read a first time,
March 16-Bill read a second time, March 27-Bill read
a third time, June 20-Received the royal assent,
July 22.
Caledonian Railway (Purchase or Lease of Wishew
and Coltness Railway)-Petition presented, Feb. 29-
Bill read a first time, March 16-Bill read a second time,
March 27.
Chester and Holyhead Railway (Power to purchase,
&c.)-Petition presented, Feb. 4-Bill read a first time,
March 15-Bill read a second time, March 27-Bill
read a third time, May 26-Received the royal assent,
July 22.
Clarence Railway and Leeds and Thirsh Railway
Amalgamation-Petition presented, Feb. 4-Bill read a
first time, March 15-Bill read a second time, March 21
-Bill read a third time, June 2.
Cornwall Railway (Powers for the Great Western
Railway Company, and other Companies, to increase
their Subscriptions)-Petition presented, Feb. 4-Bill
r.aid a first time, March 15-Bill read a second time,
March 20,
Direct London and Portsmouth Railway-Petition
`resented, Feb. 3-Bill read a first time, March 15-
[3 ill read a second time, March 24.
Drumpeller Railway-Petition presented, Feb. 7-
all read a first time, March 15-Bill read a second time,
March 24-Dill read a third time, June 7-Received the
royal assent, July fi2.
Dundee and Arbroath Railway (Dundee Junctiou)-
Petition presented, Feb. 3-Bill read a first time, March
15-Bill rend a second time, March 24-Bill read third
time, June 19-Received the royal assent, August 14.
Dundee and Perth Railway (Dundee Junction)-
Petition presented, Feb. 8-=-rill read e, first time, March
15-Bill read a second time, March 24-Bill read a third
time, June 19-Received the royal assent, July
Dundee and Perth Railway (Lease of the Dundee and
Arbroath Railway)- Petition presented, Feb. 18-Bill
read a first time, March 16-Bill read a second time,
March 24-e-Bill reed a third time, June 19-Received
the royal assent, August
Dundee and Perth Railway (Tay Crossing)-Petition
presented, Feb. 3 -Bill read a first time, March 15-
Second reading put off for six months.
Dunfermline and. Queensferry Railway (from Dun-
fermline to North Queensferry, with a branch to Inver-
keithing Harbour)-Petition presented, Feb. 3-Bill
read a first time, March 15-Bill read a second time,
March 24.
East Anglian Railways (Ely and Huntingdon Rail-
way Extension of Time)-Petition pfestfited, Peb. 9-
Bill read a first time, March 15-Bill read a second time,
March 24-Bill read a third time, July 31.
East Indian Railway Company Incorporation-Peti-
tion presented, Feb. 7-Bill read a first time, March 16
-Bill read a second tittle, March 27-pin read a third
time, May 5.
Eastern Counties Railway (Cambridge, Royston, and
Ware Line, and Branch to the Royston and Bitchin Rail-
way)-Petition presented, Feb. 4.
Eastern Counties Railway (Enlargement of London
and Stratford etations and Amendment of Acte)l
Amend-
ment of Act-Petition presented Feb. 4-Bill read a
first time, March 17-Bill read a second time, March 27.
Eastern Counties Railway (Ilford to Tilbury Fort and
Southend, with a Branch front Vange to Battle Bridge)-
Petition presented, Feb. 4.
East Lincolnshire Railway (Alteration of Great
Grimsby Branch)-Petition presented, Feb, 3-Bill read
a first time, March 15-Bill read a second time, March
24-Bill read a third time, June 2-Received the royal
assent, July 22.
Edinburgh and Bathgate Railway (Extension and De-
viation)-Petition presented, Feb. 3-Bill read a first
time, March 16-Bill read a second time, March 27-
Bill read a third time, June 23-Received the royal as.
sent, August 14.
Edinburgh and Glasgow Railway (No. 1)-Amend-
-801)-Petiton presented,
ment of Acts and Branches,
Feb. 7-Bill read a first time, March 15-Bill read a
second time, March 27-Bill read a third time, June 2-
Received the royal assent, July 22..
Edinburgh and Glasgow Railway (No. 2)-Amend-
ment of Acts, New Branches, Abandonment of Branch,
and Increase of Capital)-Petition presented, Feb. 7-
Bill read a first time, March 15-Bill read a second time,
March 24.
Edinburgh and Glasgow Railway, and Edinburgh and
Bathgate Railway Amalgamation-Petition presented,
Feb. 7-Bill read a first time, March 17-Bill read a
second time, March 28-Bill read a third time, July 31.
Received the royal assent, August 31.
Edinburgh and Glasgow Railway, and Glasgow, Air-
drie, and Monklands Junction Railway (Amendment of
Acts)-Petition presented, Feb. 7-Bill read a first time
March 15-Bill road a second time, March 24-Bill
read a third time, June 19-Received the royal assent,
August 14.
Edinburgh and Glasgow Railway, and Wilsontown,
Morningside, and Coltness Railway Amalgamation--Pe-
tition presented, Feb. 7.
Edinburgh and Northern Railway, and Stirling and
Dumfernalme Rt Alway (Queensferry and Inverkeithing
Branches)-Pei.ition presented, Feb. 3-Bill read a first
time, March 15 -Withdrawn.
Edinburgh nd Northern Railway (Roseobie, Kelty-
head, and Gle ncraig Branches, &c.)-Petition presented
Feb. 3-Billl`read a first time, March 16-Bill read a
second time,, March 27-Bill read a third time, June 22
-Received -the royal assent, July 25.
Edinburg :h. and Perth Railway (from North Queens-
ferry to the Scottish Central Railway, with Branches,
&c.)-Petit ion presented, Feb. 7-Bill read a first time,
March 16- -Second reading put off for six months.
Exeter,l 'eavil,and Doi chester,Railway and Branches--
Petition pr esented, Feb. 3-Bill read a first time, March
15-Bill r cad a second time, March 21-Bill read a third
time, Jun a 2 -Received the royal assent, July 22.
Exeter ear id Cowley Bridge Junction Railway- Peti-
tion presenf .ed, Feb. 3-Bill read a first time, March 15
-Bill read a second time, March 21.
Exeter and Exmouth Railway Acts Amendment-
Petition / resented, Feb. 11-Bill read a first time,
March 15- -Bill read a second time, March 21-Bill read
a third t me, July 22-Received the royal assent,
August eel L.
Flee, ;we od, Preston, and West Riding Junction Railway
(Bur; tiey a .nd Colliery Branches)-Petition presented,
Feb. 3.....2.11 I read a first time, March 16-Bill read a
March 21-Bill read a third time, June 21.
_.4end