The Sun.
London, England, 1866-09-04 00:00:00

BUENOS AYRES GREAT SOUTHERN.

The half-yearly meeting of this company was held
on Wednesday at the London Tavern ; Mr. J.
Brown-Westhead presided.
The CHAIRMAN, in moving the adoption of the
report, an abstract of which appeared in The Sun,
said he was aware that a very strong influence had
been exercised among the shareholders in various
parts of the country with the view of obtaining
proxies to be used at that meeting, for the purposes
which some of the shareholders thought desirable,
and so far is he was concerned he had no fault to
find with the efforts made to elicit as much infor-
mation concerning the affairs of the company as
could be obtained. He had not taken much part in
the management of the affairs of the company lately,
as he was about to retire from the board, but so far
as he had observed he believed that, making allow-
ance for those errors which were unavoidable even
with the most intelligent and conscientious directory,
the affairs of the company had been conducted in a
manner which, however and whenever investigated,
would redound to the credit of those who were at
its head. (Hear, hear.) The arrangements for the
traffic on the line could not but be deemed satisfac-
tory. A manager had been found in the person of
Mr. Bonfield, who was in every way qualified for
the office, and it might be reasonably hoped that
with the addition to the population which might be
expected from the increased facilities afforded for
locomotion the receipts of the railway would not
only prove equal to the guarantee of 7 per cent.
which had been given by the Government of Buenos
Ayres, but would ultimately surpass that amount.
Mr. GILPIN, M.P., seconded the motion for the
adoption of the report.
Mr. HODGKIN asked what had given rise to the
correspondence between the secretary and one of the
auditors appended to the report.
Mr. WANKLYN (auditor), in reply, stated that he
had
been dissatisfied with the manner in which the
accounts were kept, and contended that they re-
quired amendment.

Mr. HODGKIN said it appearedto him that the
cent,
statement of accounts
wouldas
proposed by the
pay-
ment of a dividend of 5 per
directors, and he therefore moved a
that a committee of inquiry be appointedsan amendment
to investi-
gate the affairs of the company and report to the
shareholders at an adjourned meeting.
Mr. S. iiERAPATII seconded the motion.

After some discussion,
The CHAIRMAN said that if it was the wish of the
majority of the shareholders present that a com-
mittee should be appointed, the directors would offer
no objection to it, as they had nothing to conceal,
and would rather court inquiry than otherwise.
(Hear, hear.)
The amendment was carried by a large majority,
and it was agreed that the committee should consist
of Mr. Wheeler, Mr. S. Herapath, Mr. A. Buckley
(Manchester), Mr. H. P. Bowring (Liverpool), and
Mr. Moxon.
A vote of thanks was passed to the chairman, and
the meeting adjourned to the 26th September.

SOUTHAMPTON DOCK.

The half-yearly meeting of this company was held
on Wednesday at the offices, Bishopsgate-street ;
Mr. C. Capper, M.P., in the chair.
The report was taken as read. On the motion of
the chairman the report was adopted, and a dividend
of £2 10s. per cent. for the past half-year was de-
clared on the ordinary stock of the company, leav-
a surplus of £2,247 for the next account.
ing

DAGENBAM DOCKS.
The half-yearly general meeting of this company
was held on Wednesday at the London Tavern ;
Mr. 11. Browne in the chair.
The report stated that as questions had arisen be-