The Sun.
London, England, 1860-07-30 00:00:00

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LONDON, BRIGIITON AND SOUTH

COAST .RAIL WAY.

HALF-YEARLY MEETING (THIS DAY.)
The usual half-yearly meeting of the proprietors in this
undertaking was held this clay, at the London Tavern,
Bishopsgate-street.
Leo Schuster Esq. , chairman of the Board of Directors,
presided.

The usual preliminary business, including the taking
the half• yearly report of the directors, which has already
appeared in The Sun, as read, having been disposed of,
The CHAIRMAN, in moving the adoption of the report,
began by referring to the accounts, which showed that the
revenue for the half-year had been £398,513, of which
£7,901 arose from the adjustment of a revenue aecount
which had remained open with other matters in connecticn
with other matters pending with the South Western Rail-
way Company which had now been arranged. The in-
crease of the ordinary expenses arose chiefly from the
extension of the traffic, and from the working of the Mid-
Sussex Railway. The last half-year had been debited with
a larger proportion than heretofore for the year; but this
would to some extent diminish the charge to be defrayed
out of the revenue for the current six months. The increase
of the traffic was, he was happy to state, going on most
satisfactorily, and he had the pleasure to inform the meeting
that, up to the present moment, they were between £5,000
or £6,000 in excess of the corresponding period o
last year. (Hear, hear, and cheers.) Now, when
they considered that their line, which was so
largely used as a pleasure line, had, during the las
ten months of storm and rain, more than maintained
its steady increase in receipts, he thought the meeting
would agree with him that it was a circumstance of a
highly encouraging nature. (Hear, hear.) He would not
enter atlength into the particular business of the company
the report entered so fully on that point that any observa-
tions from him would be needlessly occupying the time of the
proprietors. He assured the meeting that the directors
continued as sedulously as ever their endeavours to improve
and develops their property, (Hear, hear.)
After a few other observations, the chairman resumed his
seat by moving the motion.

Mr. SCOTT seconded the adoption of the report.
The CHAIRMAN was about to put the resolution to the
meeting, when

Captain YOUNG, rose, amidst some marks of disapproba-
tion:to move an amendment to the motion of the chairman.
He knew, he said, his amendment would not find favour
with some of the proprietors, but he felt that it was his
duty to persevere in his endeavours to put an end to their
Sunday trains. (" Oh, oh," and laughter.) The amend-
ment ho begged to move was, that the report be received
on the understanding that the Sunday pleasure trains be
stopped upon all por ions of their line.
Mr. ASBURY seconded the motion.
A SnAumioLDER suggested to Capt. Young, that as he
considered the undertaking to be such an ungodly one he
should sell his shares. (Hear, hear, and laughter.)
Capt. YouNG said he could inform the shareholder that
he did not purchase the shares, he had become possessed of
them in another way.

The SHAREHOLDER—That may be, but you can sell them
if you choose. (Laughter.)
Mr. lIEREPATII said he felt surprised that such amend-
ment had been entertained for a moment. The chairman
could not legally receive or put it to the meeting.
The CHAIRMAN said this Was the opinion of their legal
adviser.

Several gentlemen present suggested that to save time,
the amendment had best be put from the chair.
In reply to a question from a SRAREHOLDER,
The CuniumAN said the sum put down for law ex-
penses was in fact for parliamentary expenses, in opposing
bills which would injure their line.
After a short discussion the amendment of Capt. Young
was rejected, and the resolution for the adoption of the re-
port was carried unanimously.
. -

A resolution authorising the payment of the dividend
mentioned in the report was also carried.
The proceedings terminated with the usual vote of thank
to the chairman.

THE GREAT NORTHERN RAILWAY.

About 9.15 p.m. on Saturday the up express train,
due in London at 9.30 p.m f from Liverpool, Man-
chester, and the north, had proceeded safely on its
journey up to about midway of Tottenham tunnel
(about three-quarters of a mile in length), when from
the breaking of ono of the fore axles of the engine
the whole train was thrown completely off the line in
the utmost disorder and confusion. The engine run-
ning against one side of the tunnel brought the train
to a stand in about two minutes, throwing some of
the carriages on the down rails, and against one
side of the tunnel, while the engine reclined on the
other. The guard's van had its top taken corn.
pletely off, and the wheels, axles, and doors
of some of the carriages were much broken, the
whole forming a dead block to both the up and
down lines. The lights in nearly the whole of the
carriages were extenguished by the sudden jerks,
and what with the alarm whistle, the shrieks of
the passengers, and the total darkness for upwards
of 10 minutes, the feelings of the terrified passen-
gers may be better imagined than described. For-
tunately, however, and most miraculously, none of
the passengers were seriously hurt, but were en-
bled to proceed to town by a special train which
was telegraphed for from the Wood-green station,
which is about three-quarters of a mile from where
the accident occurred, and reached King's-cross at
12 o'clock. The guard had his hand rather severely
crushed, which was attended to by a medical gen-
tleman who happened to be in the down-train
(which was stopped at Wood-green), who came
along with several other passengers to render as-
sistance. Had the accident occurred on an em-
bankment the whole train must have gone over.
The scene was most frightful, and such as the
horror-stricken pabecugera will not readily forget.