The Sun.
London, England, 1846-08-19 00:00:00

CREDITORS.

Capital stock, being 10/. on each of 13,000
shares £130,000 0 0
Interest on investments and calls .537 4 4
Transfer fees
Sundry persons for land and compensation... 9,722 5 0
Sundry persons for rails and chairs, ser-
vices, &c 6,819 19 4
Loans and interest .... 35,305 2 6

Total
Several formal resolutions having been put and carried
nem. con., the meeting was then made special, for the pur-
pose of considering the expediency of leasing or selling the
Richmond Railway to the London and South-Western Com-
pany, and if such lease or sale should be deemed expedient,
then for the purpose of considering and determining upon the
terms and conditions of such lease or sale.
The SECRETARY then read the terms of the agreement
provisionally entered into with the London and South-
Western Railway Company on the 20th of July, 1846, for a
sale of this railway and all its works and appurtenances,
with all the lands, property, and other effects of this Com-
pany, and all its earnings from the tine of the opening, and
including also a further call of 51. per share (making alto-
gether 151. per share paid on 13.000 shares) to the London
and South-Western Railway Company, in consideration
of 195,0001. stock of that company, or 3,900 shares of 501. each
fully paid up, to be placed in the hands of the directors of
this Company for distribution shareholders, amongst the ac-
cording to their respective interests. The London and
South-
Western Railway Company taking up and providing for all
the obligations of this Company, and the said stock or_ shares
Richmond to be considered as the property of the Railway
Company, from the Ist of July, 1846, for all purposes except
dividend, which is not to accrue thereon, except from the Ist
of January, 1847, the London and South-Western Railway
Company admitting as an obligation of the Richmond Com-
pany, their liability to pay interest, at the rate of 41. per cent.
per annum, from the time of the Richmond calls, being the
paid-up capital to the Ist of July, 1846, and at the rate of
5/. per cent. per annum from this Ist of July, 1846, to the
let of January, 1847. Also an agreement made on the 15th
of August, 1846, by which the South-Western Railway
have consented to modify the terms originally proposed, for
the purchase of the Richmond Railway, as follows :--That
all shareholders in the Richmond Railway Company shall be
a (lowed the option of either taking the stock of the London
ant.' South-Western Railway Company, in exchange for their
mares; as set forth in the terms first proposed; or the sum
of 94 as premium upon each share, in money.

The CIIAITMAN then proposed a resolution, "That in the
opinion of this meeting it is not expedient to sell the Rich.
mond Railway upon the terms proposed by the South-
Western Company., '
Mr. A. PELLATT quite concurred in the terms of that re-
solution, and thought that valuable extensions of the line
might be made not only to Brentford and Hounslow. as
stated in the report, but also to Staines and Windsor.
Mr. TSTE wished to khow of the directors what was their
reason for so stronglyrefusing the terms offered by the South-
Western Company ?
Mr. SALomorts said that he was sorry to differ from his
brother directors on this subject; he thought the proposition
a very fair one, and that as men of business, and having first
opened the negotiation, he thought they were bound in ho-
nour to accede to the proposition. His friend Mr. Bouthby
had, he believed, another proposition to make to the meeting,
which he hoped would receive the sanction of the meeting.
Mr. BOOTHBY then stated the terms of his proposition,
which were, that the South-Western Company should take
them into their Company at par, at 151. per share, and give
them their stock at par, at 45/., which would be at the rate
of three shares in the Richmond Railway for one South-
-Western, with the alternative of taking 10/. premium, if the
parties chose to do so.

➢ir. SALOMONS was quite prepared to sanction that pro-
position.

Mr. A. PELLATr said that he would oppose the resolution,
and moved, as an amendment, "That this meeting do not
consider that the time has arrived for the sale of the Rich-
mond Railway, and that the consideration of the question
be adjourned sine die."
A SHAREHOLDER, whose name we could not learn, se-
conded the resolution.

After a few words from Mr. Wilson (the chairman) and
Mr. Salomon, the amendment of Mr. A. Pellatt was with-
drawn.

The original resolution was also withdrawn, in the place of
which

The CHAIRMAN proposed, " That, in the opinion of this
meeting, it is not expedient to sell the Richmond Railway
upon the terms proposed, but, in rejecting the present offer,
are empowered to dispose of the Richmond Railway, upon
receiving one South-Western share for three Richmond
shares upon which 151. per share have been paid, or the
option of receiving 101. in money, as a premium upon each
share upon which 101. shall have been paid, provided these
conditions shall be accepted before the 15th of September."

Mr. D. W. HARVEY thought the proposed arrangement a
very favourable one, it would give the shareholders in the
Richmond railway not only an interest in the success of their
own line, but also of those extensions of the South Western
Company to Waterloo and to London-bridge, and also in
those gigantic extensions to the West of England, to Salis-
bury, Exeter, Cornwall, and other places ; and without at all
envying the receipts of either the Greenwich or Blackwell
Railway, he could not doubt but that all those lovers of the
country who had hitherto been used to exhibit
their shapes not always in the most attractive
I forms upon the hills of Greenwich would be found quietly en-
joying themselves by the side of the river at Richmond,
which was a part of the country far preferable to the others.
Ile hoped, therefore, that the resolution would be agreed to
unanimously.
The resolution was then put and carried unanimously.

A vote of thinks was then proposed to the Chairman,
which was also agreed to.
The meeting then broke up.

RAILWAY COMMITTEES.

(Y ESTERDAY)

HOUSE OF LORDS.
Room A.
MANCHESTER AND SOUTHAMPTON,
(continued from our Afternoon Edition of yesterday.)

Sir W. Gordon considered that a break of gauge was objec-
tionable, as delay would be occasioned in the transmission of
troops, who were almost invariably attended with heavy
baggage and women and children. A saving of 14 miles in
distance would act two ways—viz., the saving of time and
expense. If the conveyance of men was at the rate of Id.
per mile per man, ls. 2d. would be saved on each man.
There were a number of troops stationed in the manufactur-
ing districts, which this line would be useful in conveying
backwards and forwards. He wished it to be distinctly un-
derstood that he did not come there to give evidence in
favour or against any line, but simply to answer the questions
their Lordships might think proper to put to him. In his
opinion the best railways were those which were direct.
Mr. Matthews, a farmer, between Cheltenham and Ciren-
cester, considered that the line would save to the owners of
land within a radius of 7 miles of Cirencester,in the carrying
of their produce to Gloucester and Cheltenham, 10,000/. a
year. _

Mr. Mildmay, M.P., for Southampton, had had frequent
communications with his constituents on the subject of the
proposed line, whose feeling appeared unanimously in favour
of it. He had presented petitions from the corporations and
other bodies of the town in favour of it. He advocated the
line on public grounds.

By gr. TALBOT—Considered that the proposed and exist-
ing lines must be looked at as to the saving of money to the
poor man, and the great importance to the man of business
in point of time. It would of course be a great advantage to
shorten the distance.

By Sergeant ISTRANGmut—Thought a line very desirable
which would obviate a break of gauge.
Evidence was also given by Mr. Abingdon, carrying on an
extensive business in the Potteries, and by Dr. Ghipney, of
Cheltenham, in favour of the line, and the Committee ad-
journed until to-morrow.

IMPERIAL PARLIAMENT.
HOUSE OF LORDS, August 18.
ROYAL COMMISSION.
The Royal assent was given to-day by Commission to the
following 34 public and private Bills :
Sugar Duties (No. 3) Bill.
Militia Pay Bill.
Forms (Assessed Taxes) Bill.
Court of Common Pleas Bill.
Gauge of Railways Bill.
Religious Opinions Bill.
New Zealand Company Bill.
Grand Jury Cess Bonds (Ireland) Bill.
Prisons (Ireland) Bill.
Books and Engravings Bill.
Adverse Claims (Ireland) Bill.
Deodands Abolition (No. 2) Bill.
Highway Rates Bill.
Loan Societies Bill.
Turnpike Acts Continuance Bill.
Stock in Trade Bill.
Copyhold Commission Bill.
Caledonian, Polloc and Govan, and Clydesdale Junction Rail-
ways Amalgamation Bill.
flnciciers. eld and Manchester Railway and Canal (Oldham
Branch) gill.
Liverpool, Ormskirk, and Preston Railway Bill.
West Riding Union Railways (No. 2) Bill.
Manchester, Bolton, and Bury Canal, and Manchester and
Leeds Railway Amalgamation Bill.
Salthouse Embankment Bill.
Wolverhampton Stipendiary Justice Bill.
Plymouth Great Western Docks Bill.
Forth and Clyde Navigation and Bowling Bay Improvement
Bill.
Brighouse Sewering, Draining, and Lighting Bill.
Wexford Harbour Improvement Bill.
Norfolk Estuary Bill.
All Souls College (Oxford) Estate Bill.
Duke of Cleveland's ( Hardwick Hart, &c.) Estate Bill.
Scott's Estate Bill.
Booth's Charities (Cloves') Estate Bill.
Horne's (Ferguson's) Estate Bill.
The Lords Commissioners were the Lord Chancellor, the
Marquis of Lansdowne, and the Earl of Minto.
When the LORD CHANCELLOR took his seat on the Wool-
sack, after the private business,
Earl GREY presented a petition, numerously signed by
the inhabitants of Van Diemen's Land, complaining of the
evil of the transportation system. In presenting it he could
only say, that the subject would receive the best attention of
the Government.
WESTMINSTER BRIDGE.
The Earl of CLARENDON laid on the table the report
of the Commons' House on the state of this bridge.
IRISH GUILDS AND COMPANIES.
Lord CAMPBELL moved the second reading' of this Bill
for the abolition of the fraternities and guilds of Ireland. The
object of the Bill was to assimilate the law of Ireland with that
of England, where all the exclusive privileges of these
guilds had been abolished, except in the city of London.
A number of petitions had been presented against the Bill, but
be trusted that they would not attach much importance to them,
and that as their Lordships had abolished these guilds in Eng-
land and Scotland, that they would do away with them in Ire-
land also.
The Bill was then read a second time.
Several Bills were brought up by messengers from the House
of Commons.
THE WASTE LANDS AUSTRALIA BILL.
The report on this Bill was brought up and agreed to.
CLONMEL LUNATIC ASYLUM.
Earl FORTESCUE presented a petition from certain in-
habitants of Clonmel, praying for the assimilation of the
Clonmel Lunatic Asylum, with respect to the superintendence
of a resident physician.
PATENT COMMISSION BILL.
This Bill was read a third time and passed.
DRAINAGE OF LANDS (IRELAND) BILL.
Earl GREY moved the second reading of this Bill.
Lord MONTEAGLE thought some further information was
required, but
Earl GREY said, notwithstanding the extensive alterations
that had been made in this Bill in the other House, he hoped
that the measure would benefit Ireland.
The Bill was then read a second time, and ordered to be
committed on Friday.
THE NAVAL MEDICAL SUPPLEMENTAL FUND

SOCIETY BILL. ._
On the motion of the Earl of CLARENDON this Bill was
read a third time and passed.
COMMONS INCLOSURE BILL.
This Bill was read a second time, and ordered to be com-
mitted on Friday.
Their Lordships then adjourned.

HOUSE OF COMMONS. August 18.
THE CHIEF JUSTICESHIP OF BOMBAY.
Lord GEORGE BENTINCK (in continuation from our
Afternoon Edition) said—He thought he had stated suffi-
cient to entitle him to call for an investigation of the cir-
cumstances connected with that appointment ; and he
thought he had a right to ask why so great an infraction of
the constitution had taken place, as well as to ask for all
the correspondence which related to the appointment of Mr.
Pollock as Chief Justice of Bombay. And when that corre-
spondence was produced, he thought the country would be dis-
posed to agree with him in believing that her Majesty's late
Ministers were not the only men in the country capable of ad-
ministering the affairs'of government. He recollected that on
the night which proved fatal to the existence of the late Admi •
nistration it was observed by some that there were no other men
in the country capable of carrying on the government—that
they were the only men who could be trusted with the appoint-
ments to the bench. In reference to this he would observe
that they had an opportunity of judging of this, from the un-
expected announcement which had been made by the late
Chancellor of the Exchequer. He would now conclude by
moving for the production of the correspondence relative to
the late appointment of Mr. Pollock as Chief Justice of
Bombay.
Sir J. C. lIOBHOUSE said, in answer to the appeal
which had been made to him by the Noble Lord, the best
thing he conld do was to state the facts of the case, as
far as he knew them. Shortly after he entered upon
the duties of President of the Board of Control he had his
attention called to the appointment of Mr. Pollock as
Chief Justice of Bombay. On looking over the correspondence
referring to that appointment, he found that certain irregulari-
ties had taken place in connexion with it, which made it neces-
sary for him to consult the law officers of the Crown. It ap-
peared that Sir Henry Roper, the late Chief Justice,
had in the early part of last year written to the Earl
of Ripon, expressing a desire to retire from kis situation,
but requesting that his retirement should not be accepted im-
mediately, but from the 2d November following, at which time
he would be entitled to receive the pension for seven years'