The Sun.
London, England, 1851-01-24 00:00:00

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[PRICE SD.

7--
'ELVIGEN CE.
THE SHREWSBURY AND
SHREWSBUUY AND CIIESTER....
,men .tetween the above railway
s articles have yet been settled,
simply these :7- hat the Great Western Company
through its-eonnexions in London, to procure for
Shrewsbury and Birmingham, and Shrewsbury
and Chester Companies, goods going northwards; and
those companies are to give to the Great Western
Company all their parcels and goods traffic, which will
be put on the Grand Junction Canal at Wolverhamp-
ton, -and carried to Banbury, and transmitted thence
to London by the Great Western Railway. A joint
traffic committee has been formed for carrying out
this arrangement. The Shrewsbury and Birmingham
and Shrewsbury and Chester Companies have each
upon it- two of their directors to represent their in-
terests, while the Great Western Company are repre-
sented by four of their own board. There is not the
slightest foundation for the rumour that the Great
Western authorities have any intention of offering to
guarantee the above lines. The rumour has no doubt
been circulated for stock-jobbing purposes.
BIRMINGHAM AND OXFORD.—Mr. Peto, the
aminent contractor, has received instructions to pro-
ceed with and complete in the shortest possible period
tin- unfinished portion of the above line.
LAIICasmnE AND YORKSHIRE.—We understand
that a movement is being made by a large number of
the shareholders in the Lancashire and Yorkshire
Railway at the present moment, in opposition to a
deprechtion fund for the affairs of that line. Signa-
tures representing about 1,500,0001. of stock have,
we believe, been already attached, in Liverpool and its
vicinity, to the memorial addressed to the directors,
and hopes are entertained that the fund, which is rated
at 51. per cent. on the gross profits of the year, will
not be maintained.

MID-KENT AND DOVEll.—Yesterday, at Roches-
ter, a meeting was held to consider the propriety of
assenting to the Bill introduced into Parliament by
the landowners of the county for constructing an in-
dependent trunk railway from London to Maidstone
and Dover, under contract for loans to be advanced by
capitalists on the credit of the tolls at four per cent.
interest, to be secured under a guarantee from the
landowners not exceeding two per cent.
_Thelma*"
appointed by the landowners to promote in it*
progress through Parliament gave the necesseryffit.
,planatiens;and after a lengthened discussion; a retio-
lution formally approving of the measure was passed.
A similar meeting was also held yesterday at
Bromley, when resolutions pledging the meeting to
contribute to the guarantee were passed by large ma-
jorities.

STAFFORDSHIRE AND SHROPSHIRE.—Yesterday
the claim of Mr. Brenton, one of the directors of this
company, brought in by Mr. Hutton, the official ma-
nager, amounting to 1301., in respect of travelling and
other expenses, which appeared to have been autho-
rized by a resolution in the books of the company,
was allowed by his Honour Master Richards.
LIABILITY OF RAILWAY ALLOTTEES.—The deci-
sion of Vice-Chancellor Lord Cranworth on the
question of allottees is looked upon as a great relief
by many thousands of persons who stood in that posi-
tion, the broad result of the decision being to leave
only the members of the provisional committee in
unincorporated or unformed companies liable to pay
off outstanding liabilities, and these to be recovered
by an action at common law against those who
originally gave the orders for work and labour to be
done. The decision will go far to render a great
many of the orders for winding-up this class of com-
panies either nugatory or unnecessary.