The Sun.
London, England, 1846-04-30 00:00:00

LONDON AND YORK RAILWAY,
COMPANY:S OFFICES, 7, LOTHBURY, LONDON.

NOTICE TO THE SHAREHOLDERS.
The London and Turk Directors deemed it better to delay for a
few days any communication to their shareholders, in order that they
might be able to state the results of the several important negotia-
lions bearing upon their interests, in which they have been and are
still engaged.
They regret they cannot yet announce the final issue of these ne-
gotiations, but they think it right to explain that the negotiations
with the Eastern Counties Railway have been much embarrassed by
the proceedings of Mr. La Mert and his Size-lane " Private Com-
mittee," which the Directors have reason to believe was got up for
the purpose of serving the Eastern Counties interests, and whose
agitation encourages that Company to offer terms altogether divAd-
♦antageous to the London and York shareholders.
The Directors rely upon the support of the Shareholders to enab.e
them to maintain an independent position in their negotiations, and
would warn them against intrusting Mr. La Mert with authorities
which are now used to their disadvantage in the treaty, and may
hereafter be used to assist the Eastern Counties Company In the Par-
liamentary Committee. The Directors point to the specious lan-
guage used by Mr. La Mert, and his agent, Mr. Henry Phillips, as
though he was acting bona fide with the cognisance of the Directors.
This impression has prevailed extensively, and has misled many of
the Shareholders.

The Directors are not insensible to the effects of the fear of calls,
In the present depressed state of the money-market. But wailst
they deem the Parliamentary position of the London and York Bill
to be such as to give every confidence that it will be passed without
any very protracted contest, they are also able to add, that without
any amalgamation the Directors will have in hand at the end of the
session ample funds to enable them to proceed in the execution of
the Act, without any call before the spring of nest year.
The Directors have, however, good grounds for anticipating
gthe
d
early conclusion of arrangements, which will greatly theirinereas
resources, whilst it will diminish individual responsibility ;they
also add their conviction, that when the Eastern Counties Company
find it impossible to compel the acceptance of such dels dvantageous
induced to re.
proposals as have hitherto been made, they ul
cognise the formation of the London and York line,
ld effect arrange-
,. a.lti
meuts mutually advantageous to both Companies.
Armed with the powers of an Act of P rliamadenvt,anttahegLirteocttohrse
would be able, without sacrificing tag
a,:
yline, or any
eous arrangements than
public, at once to conclude more
at present, and having hithertoDb been honoured with the fullest confl-
ierectors trust they do not too much
dence of the Shareholders, the
presume upon it when they venture to assure them that no oppor-
tunity will be lost in advancing and securing their interests. The
answer of the Directors to the present offer of the Eastern Counties
Company is subjoined.
(Signed)

WILLIAM ASTELL,
Chairman of the Board of Directors.
J. R. MO WAT r, Secretary.
Offices, 7, Lothbury, London, April 29, 1846.
London and York Railway, Offices, 7, Lothbury,
London, 29th April, 1846.
TO C. P. RONEY, ESQ., SECRETARY OF THE EASTERN COUNTIES