The Sun.
London, England, 1846-04-16 00:00:00

CORNWALL AND DEVON CENTRAL
RAILWAY COMPANY.
I hereby give notice that a GENERAL MEETING of the
ttRAREHOLDERS is called and will be held at the London Tavern,
fishopsgate-street, in the city of London, on Tunasuar, tne 30th
'ay 01 April instant, at Twelve o'clock at noon precisely, for the pur-
r'"
„„.e
of considering the position and prospects of the Company, and
oposals to be made to the Shareholders at the meeting relative to
the present disposition of the paid-up capital.
H. WILLYAMS, Chairman.
Dated this 15th of April, 1846.

CORNWALL AND DEVON CENTRAL
• RAILWAY COMPANY.
The Committee of Management having observed an advertisement,
convening a Meeting of the Scrip Molders in this Company for Fri-
day next, beg to call the attention of their Shareholders to the Ad-
!ertisement issued from this Board, calling a PUBLIC MEETING
of the SHAREIIOLDERS for THURSDAY, the 30th lust , being the
earliest day on which a Meeting can be legally convened under the
Deed of the Company. Under these circumstances it is not in tile
Dower of the Committee in any way to recognise the Meeting ealled
for Friday next. By order of the Committee,
Dated April 15, 1846. L. CROMBIE, Secretary.

NORTH KENT RAILWAY.
112, Bishopsgate-street, 15th April, 1846.
COMMITTEE OF MANAGEMENT.
Sir Isaac Lyon Goldsmid, Bart, Chairman.
George Whitmore, Esq., Deputy Chairman.
The Marquis of Conyngham Charles MGarel, Esq.
The Hon. William Ashley Frederick Mildred, Esq.
Sir Brooke W. Bridges, Bart. William Peters, Esq.
The Hon. Charles John Murray John D. Fowles, Esq.
Captain Mildmay Henry T. PrinEep, Esq.
Michael M`Chlery, Esq. Joshua Walker, Esq.
An advertisement having appeared in the newspapers, inviting
shareholders in this Company to subscribe money, and to sign a peti-
tion for the di.solution of this Company, the Committee think it right
to caution the shareholders against being drawn into any such pro-
ceeding, for which there does not exist the slightest ground. The
Committee will continue their best exertions for the attainment of
the objects for wh ch the Company was formed.
ISAAC L. GOLDSMID, Chairman.
CHARLES F. PARTINGTON, Secretary.

By order,

.a 0 NDON AND YORK RAILWAY.
To the Seripholders and Subscribers to the Deed of the above

Company.
A Committee of Shareholders in the London and York Railway
. has been formed, with the view of considering the prospects of this
line, and whether anything can be done to lessen the responsibility
of the Shareholders, or in any way improve their position.
The Committee view with alarm the daily depreciation which is
taking place in the market in the shares of all new lines, and that
this dpreciation increases in the shares of those Companies which
are most likely to obtain Bills.
The expensive contest in Parliament of the London and York Com.
Pant' must absorb all the deposits. If the Act be obtained, calls must
immediately follow; and the majority of the scripholders will avoid
registration, knowing that they will have opportunities hereafter of
coming into the undertaking at a much lower price. The calls must,
therefore, be enforced against those who have signed the Parlia-
mentary Contract.
This fearful position of matters has Induced tne Committee to con-
sider that probably the Eastern Counties Company, who are the strong
opponents of the London and York Company, may, for the sake of
protection and certainty to their ewn shareholders, be still open to
some liberal compromise, and that the London and York directors
sad shareholders ought, either by-diminishing the extent of their
undertaking (and consequently lessening the amount of calls to re-
lieve the pressure which will come en their subscribers), or by some
apsorption in the Eastern Counties Company, obtain a participation
in an undertaking yielding a present profit, instead of one whose re-
turn, if ever obtained, will not be arrived at without years of painful
sacrifices and distress.
With these views, the Committee think steps ought to be immedi-
ately taken to open a negotiation with the Eastern Counties, if not
to dissolve the London and York Company.
In the opinion of the Committee, either the line south of Peter-
borough ought to be abandoned, and the shares reduced to 201. each,
er the line shmld be given up to the Eastern Counties Company, on
t
heir Agreeing to pay the whole or a portion of the expenses, and
giving shares in their Line as originally proposed.
The statement below, showing the past and present position of
Several well-supported Companies, who, before the Committee of the
House of Commons, clearly showed a return on their capital from 6
to 8 per cent., proves that success on the part of the London and
York Railway, in obtaining their Bill, will entail ruinous loss on the
subscribers and scripholders ; and if any other argument was needed
to maintain the views of the Committee, the following extract from
the " Times" of the Bth of April, might alone be deemed sufficient.:—
" The character of the crisis, and its effects on the new lines, are
graphieally illustrated in the catastrophe of the London and Oxford
Railway, as reported in yesterday's paper :
" `Mr. I. K. Brunel, examined by the Chairman.—The prices have
so increased since the Acts were obtained, that the lines mentioned
above (the Oxford and Worcester, and the Oxford and Rugby) can-
not be constructed at the estimated prices. Considers that the con-
struction of railways Is now 50 per cent. more than at this time last
Year.
" ' At this point of the proceedings the Chairman said that :the
Committee thought it unnecessary to hear any more evidence re-
specting the London and Oxford Line; and, accordingly, after the
room had been cleared for a few minutes, the Chairman announced
that the Committee were unanimously of opinion tbat the preamble
of the London and Oxford had not been proved.'"
The Committee beg to direct the attention of the shareholders to
the official announcement of the Government's intention to immedi-
ately introduce an Act investing the scripholder with such power,
that a majority in number and value duly registered at any public
Meeting will prevent the farther progress of any Bill in Parliament ;
and as the London and York Railway Bill will, in a very few days,
have to appear before a similar tribunal as that of the defunct London
and Oxford, the Committee are, therefore, very anxious at once to
ascertain if the shareholders concur in any of their views, for which
Purpose the hollowing printed form may be obtained at the Com-
mittee-rooms, and every shareholder and subscriber to the deed is
earnestly requested to return the same signed immediately, in order
that the directors may be conferred with, or a public meeting con-
vened, as may be deemed most expedient for the protection of the
interests of all parties.
To the Committee of the London and York Shareholders.

Gentlemen,—l am a scripholder of Shares in the London
and York Railway, and am desirous, Firstly, of having the Line
South of Peterborough given up, so as to lessen the'cost ; or, Secondly,
of having terms made with the Eastern Counties Company for an
abandonment of the London and York Railway and Amalgamation
with the Eastern Counties Line; or, Thirdly, of having the Ccmpany
at once dissolved.
I would prefer the* of these alternatives, and I authorise
the Committee of Shareholders to represent my opinion to the Legis-
lature, and to pray Parliament to carry the same into effect, or to re-
ject the London and York Bill.
Name in full ....... ......
Residence...
Date .. • •
Numbers of E.
* Here insert the word " first,"

scrip .. • . • • • . • ... ..
or " second," or " third."

Amount
Paid up.

Railways wla'ch obtained
Aat3 last Session,

Premium per
Share in 1845,
before Bill ob-
tained.

Discount per
Share in 1846,
while calls are
being made.

I s. d.
10 .0 0
10 0 0
12 10 0
20 0 0
7 10 0
4 10 0
5 0 0
12 0 0

Caledonian ...... ••• • •
Aberdeen
Oxford &Wolverhampton
Chester and Holyhead • •
Dundalk and Enniskillen
Newry and Enniskillen .
South Wales ••..• • ••
Waterford and Limerick

X. s. d.
12 0 0
6 0 0
14 0 0
6 0 0
3 0 0
3 0 0
5 0 0
8 0 0

£. s. d.
3 5 0
9 0 0
5 0 0
4 0 0
7 10 0
4 0 0
4 0 0
10 0 0

By Order of the Committee,
HENRY PHILIPPS, Solicitor,
London and York Committee, 4, Sise-lane, London,
April 14, 1846.

LONDON AND YORK COMMITTEE OF
SHAREHOLDERS.

The LONDON COMMITTEE for carrying out the above objects,
earnestly desire the co-operation of every scripholder in the pro-
vince. and they therefore suggest that PUBLIC MEETINGS be
irnmailately convened in the following towns :—BIRMINGHAM,
MANCHESTER, LIVERPOOL, LEEDS, HULL, HALIFAX,
BR tDFORD, BOSTON, LEICESTER, NEWCASTLE, NOTTING-
HAM, PRESTON, SHEFFIELD, S TAMFORD, LINCOLN, WAKE-
FIELD, YORK, EDINBURGH, GLASGOW, and ABERDEEN.
It would also be advisable that the Provincial Committees, or
Chairman presiding at such meetings, should admit no persons,
except those producing and registering their scrip, names, and ad-
dresses in a book, to be kept at the door for such purpose, so that
the bona fide intentions of such meeting of shareholders be properly
represented to the London Committee.
By order of the Committee,

4, Sise-lane, London,