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

KILLARNEY AND VALENTIA.

The first half•yearly meeting of this company was
held yesterday, at the temporary offices, in Birchin-lane,
Cornhill. The Right Hon. Lord Viscount Ingestre,
M.P., took the chair, when—
Mr. LIGEITON, the secretary, read the report, which
stated that the directors for the first time met the pro-
prietors since their re election, and 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 unregister©d scrip of the company. The Secre-
tary had been to Ireland, wlirre he had many inter-
views with the landed proprietors with a view to increase
the basis of the company, and he 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 givo them shares representing 11. 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 Fthe Great Southern
and Western Railway of Ireland looked with interest on
the formation of this line to Valentia 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-
tions 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 shareholders 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 fbr legalizing the subscription
of the South Wales Railway Company to this under-
taking of 250,0001. having received the royal assent.
sever( 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 97,437/. expended, leaving a ba-
lance of 33,104/. in hand.

The CHAIRMAN, on moving the adoption of the re-
port, 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. Ness moved an amendment, that the report and
balance sheet be not adopted, and that the meeting be
adjourned 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 mad_e_iLn thr latter company had
to iluaiioaLe is pinion 05 users_ _
paid up the calls or not. - _
1111'. iQi al. Addressed the meeting at considerable
length in support of his amendment, with the object of
showing that the directors were not entitled to the con-
fidence of the shareholders, and that a committee of in-
quiry could not on the part of the directors bo reason•
ably objected to. He went into an elaborate statement
of the previous circumstances of the company.
Mr. REYNOLDS, M.P., had supported the line from the
first on the ground of its public utility. He thought that
the directors had acted towards the shareholders in a
very 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. NASH 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
Clarendon 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 39,3471. ss. Bd.,
and the disbursements and liabilities to 116,9951. Is. I Id.,
leaving a balance to be provided for of 77,6471. 16s. 3d.,
which it was proposed to raise by three calls of 21. 10s.
The cost of making the line from Southport to Water-
loo, including stations and maintenance of way for
twelve months, was 77,284/. 14s. sd. The arrears of the
first call amounted to 4,6001.
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
noLimportant.

THE NEW FOREST.-4t is rumoured that Govern-
ment have resolved that the New Forest shall be disaf-
forested. Such a determination seems not '
improbable,
considering the evils arising from forests laws, tind th
utter uselessness, except to plunderers, of the New Fo-
rst. 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
the foresters, verderers, and rangers. They are all
trembling. The books of the deputy-surveyor have
been seized, and the election of a vacant regardership
has been suspended. Her Majesty kept servants enough
in Ilistupohi'i tr tla vw os,usaiwis
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 I'aper.
ADMISSION OF TUE PUBLIC TO VIEW THE HOUSE
of LORDS.—Yesterday the following notice was issued
by command of Lord Willoughby D'Eresby :—" In con-
s, quence of the preparations necessary for the proroga-
tiou of Parliament, no tickets can be issued to view the
House of Lords on Saturday next. The public will not
11 be admitted during the recess, as the presence of visitors
would impede the progress of the works."
WREN'S OBSERVANCE OF 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,
Autholin'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 same 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.
is
one and a half time the width, and the height of it is
half the length. It is unnecessary, however, to pursue
the inquiry further here.—Builder-
[SThe Earl of Roden, it is said, will sell his Dundalk
p.operty, and be the first to act on the Encumbered
Estates Bill Sale. A good movement this. Ground-
' rents are very high and house accommodation defective
, 1 in Dundalk.—Ulster Gazette..