The Sun.
London, England, 1856-09-19 00:00:00

SCOTTISH CENTRAL.

The report of the directors of this company states that
tie addition of the cap tat expenditure during the half
year was 21,867/. Ten new cattle vragg,ui and six
nreak•vans have been added, at a cost of 1,2561. The
land for the harbour branch has been acquired at a cost
of 824/. A sum of 6,168/. has been paid towards the
expense of obtaining the Denny Branch Act. The works
will be commenced forthwith and proF;ectited with vigour.
The amount available for dividend is 25,5451., out of
which the directors recommend a dividend at the rate of
5 per cent. per annum on theconsolidated stock, payable
on the 9th of October next, which would absorb 25,0001.
and leave 451. for tke surplus fund, which would then
amount to 5,4151. Tile dividend on the 5 per cent, and
43 per cent. preference shares will be paid at the same
time.

BRECKNOCK AND AI3ERGAVENNY.
A Ppe ci al meeting of the Brecknoek and. Abergavenny
Canal Company has been held at Brecon, to consider an
offer male by Messrs. Brassey, M'Cormick, and Thornton
for the purchase of the canal property, for conversion
into a railway. Sir J. Bailey, M.P., presided.
A propositinia was made by Mr. OARNSON, on behalf
of Messrs. Brassey and Co., for the purchase of thecanal
at 122,0001., of which 85,0001. was to be paid in railway
shares to the canal shareholders, and 37,0001. in railway
debentures to the holders of debentures on the canal.
The Newport, Abergavenny, and Hereford Company
were to lease the line in perpetuityand to pay 4 per cent.
interest, or 300,0001. from the date of the completion of
the line. To this an amendment was proposed that the
canal should only be sold on cash terms, but on a divi•
cion the original motion was carried, and the meeting
aiijourned to October 2.

HERNE BAY AND FAVERSHAM.
An influential meeting was held on Tuesday at Herne
Bay to consider the propriety of establishing direct rail-
way communication between Herne Bay and London,
by means of a junction with the East Kent Railway at
Faversham ; Captain Clarke was called to the cbair.
It was stated that the of of the proposed railway
was to bring Herne Bay within 50 miles of London, by
connecting it with the East Kent line, which would be
opened for traffic as far as Faversham, in less than 12
months. The proposed line was ten miles in length,
and could be constructed at a cost of 7,0001. per mile.
There will be a station at Whitstable, situated near the
town ; and Herne Bay will thus be brought into direct
communication with London.

Mr. HOLTROD, the secretary of the East Rent Rail-
way, said there was no doubt whatever the line cuu d be
constructed for the sum named. The undertaking only
required the cordial support of the inhabitants and per-
sons interested in the district to early it out successfully.
If they wo*ld petition Parliament in favour of the
scheme, and subscribe for a reaQona.ble number of shares
in the undertaking, the object they had in view could be
accomplished. It was proposed to issue 3,500 shares of
201. each, and to receive a deposit of 21. per share.
Resoluti ,ns were passed in favour of the scheme, and
Mr. Newton, Mr. Jewry, Mr. Reyno!ds, Mr. Percival,
and Mr. Godfrey were appointed a committee to carry
out the object of the meeting.
A number of shares were subscribed for, and the pro-
ceedings concluded with a vote of thanks to the chair-
man.