The Sun.
London, England, 1856-06-20 00:00:00

LINES LEASED AT FIXED RENTALS

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RAILWAYS.

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RAILWAY INTELLIGENCE.

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LONDON AND BRIGHTON.

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A special meeting of this company was held at the
Bridge House Hotel, yesterday, to consider two bills
now before Parliament to authorise traffic arrangements
between the \Vest-end and Crystal Palace Railway Com-
pany, this Company, the South-Eastern and South-
Western Companies, for the sale, on lease, of the first-
named railway to the other three companies ; the
regulation and increase of capital, &c. ; and also to
authorise a lease of the Wimbledon and Croydon Rail-
way, and the purchase of additional land and raising
further capital by the Wimbledon and Croydon Railway
Company. The chair was taken by Mr. Leo Schuster.
The meeting having been formally opened, and the
first-named bill read in brief,
The CHAIRMAN explained that the Brighton Company
had entered into an agreement two years since to pay
8,0001. per annum for the use of the West•end and
Crystal Palace Company's West-end terminus, and to
work the traffic at 42 per cent., on the gross receipts.
This bill was to confirm that agreement.
Some conversation ensued relative to the West-end
terminus of the new company, which, being situated on
the Battersea side of the Thames, it was contended
would be useless, but it was stated to be within a con-
♦enient distance of Belgravia.
A motion approving the bill having been unanimously
carried, the marginal notes of the second bill were read,
and it was stated the cost of the Wimbledon line bad
been 45,0001. for five miles and a half, and the Brighton
Company bad agreed to pay for the use of it 1,8201. per
annum, or at the rate of four per cent, per annum. The
South-Western Company were parties to the arrange-
ment, and would pay half that amount.
The bill was agreed to, and a vote of thanks given to
the chairman.

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THE SUN, LONDON, FRIDAY EVENING, J U7N7E 20, 1856.