The Sun.
London, England, 1851-10-15 00:00:00

The magistrate then inflicted a nominal penalty on the
defnnlant, together with tho Coss.

RAILWAY INTELLIGENCE.
DUBLIN AND KINGSTOWN.
The half-yearly meeting of this company way. held
on Saturday at Dublin, Mr. J. Magee in the chair.
The report stated that the revenue account for the
half-year ending the Ist of September ~,ho wed a small
decrease in the receipts of 4441., as compared with
the corresponding period of last year, which was
nearly compensated for by a reduction in the expendi-
ture to the extent of 4301. Including the b alance
from the ,last account, the result of the half year's
working produced an available sum of 15,0701., being
1,4691. more than the corresponding period of 1850.
The engineer reported that the works on the line were
in a perfectly efficient state of repair, and that the
bridge over the Dodder was completed in the most
efficient manner, without having occasioned any ma-
terial interruption to the ordinary traffic, and with no
extra charge for the ironwork beyond the sum con-
tracted for. The directors stated that the application
to Parliament for a Bill to enable the company to treat
with the Waterford, Wicklow, and Dublin Company
for a re-assignment of the powers for making the line
from Kingstown to Bray had failed through the
opposition of the other parties. The Dublin and
Kingstown Company made a proposal to the Com•
mittee on the Bill to construct the line from Kings-
town to Bray, as the company were desirous of secu-
ring its formation, which they believed could be done
within a period of twelve months, and that if the
powers to make the line to Bray were transferred to
them, they could on the completion of the Waterford,
Wexford, Wicklow, and Dublin line from Bray to
Wicklow, within a given period, and on repayment
to them of the sum expended in the formation of the
line from Kingstown to Bray, retransfer the line to
the three W.'s Company, subject and without preju-
dice to any agreements now subsisting between the
companies. The proposal was at first favourably
received by the Committee, but was resisted by the
other parties, and finally rejected. From the available
balance before stated the board recommended a di-
vidend for the half-year of 4 per cent. on the paid up
capital of 260,000/., leaving a balance of 4,530/. to be
carried to the next account. The income of the
railway for the past six months amounted to 27,0441.,
and after paying working expenses, rates and taxes,
together with the interest on borrowed money, the
sum of 15,0701. remained for dividend.
The CHAIRMAN, in moving the adoption of the re-
port, observed that the next half-yearly meeting was
the one at which a detailed account of the receipts
and expenditure would be given. The rolling stock
was in perfect order, and considering that they had a
dividend of 4 per cent. for the half-year, he thought
they were in a satisfactory position.
Mr. KANE seconded the motion, and it was adopted
unanimously.
It reply to a question it was stated that the atmo-
spheric line from Kingstown to Dalkey did not
yield a profit of itself; but it was looked upon as a
feeder to the main line. The fares were exceed-
ingly low—namely, 2d. per passenger by the first
class, and Id. per passenger by the second class car-
riages. The gross receipts on the atmospheric line
during the half-year amounted to 1,1341., and the ex-
penditure to 9191., leaving a profit of 215/. ; but this
amount would be absorbed in the expenses during the
winter half-year, at the end of which it would be
found that the receipts and expenses would balance
each other, and leave neither profit nor loss. The
first year the Dalkey line was open for traffic the
receipts on the Kingstown line were increased by
5,0001. over those of the previous year, and although
the extension to Dalkey showed no profit on the work-
ing, it was profitable as a feeder to the Dublin and
Kingstown line.
A resolution approving of the dividend was then
passed, and the meeting separated.