The Sun.
London, England, 1866-09-01 00:00:00

BRIDGNORTH AND WOLVERHAMPTON.

The first ordinary meeting of this company was
held yesterday at the office, Bank-buildings, Loth-
bury; Sir J. Acton in the chair.
The CHAIRMAN said the directors had no report
to present, but he might inform the shareholders
that the object of this company to have a line in
connection with the "„Shropshire system had been
accomplished. The state of the money market had
prevented any progress being made. Things were
now taking a turn, and the work would be pro-
ceeded with.

Mr. PIERCY said that this line would form an im-
portant link in the Welsh railway system and work-
ing in conjunction with the Cambrian on the south,
and the Bracon line on the north, the success of the
undertaking was insured.
Sir J. Acton, and Messrs. J. Everett, E. Perry,
J. W. Johns, Watkins, and H. Gartside were elected
directors, and the remuneration was fixed at £750
per annum.

The 'beefing was adjourned to the 26th October;
when a report will be presented.

WHITEHAVEN, CLEATOR, AND EGREMONT.
The half-yearly meeting was held at Whitehaven
on Thursday ; Mr. A. B. Steward in the chair.
The report stated that the receipts for the half-
year had been £20,619 and the working expenses
£8,466, being only 41 per cent., inclusive of rates
and taxes. There was £9,940 available for dividend,
out of which the directors recommended the payment
of 10 per cent. The extension from Egremont and
Sellafield was passed last session, and the directors
had instructed the engineers to proceed at once with
the plans. The Marron branch had been opened for
traffic during the half-year, from which a favourable
return on the capital expended might be expected.
The Bigriggbranch had been proceeded with, and the
directors expect a remunerative traffic on that branch.
The CHAIRMAN moved the adoption of the report,
which was agreed to.
A dividend at the rate of 10 per cent. less income-
tax on the capital paid-up to the 30th June last was
declared, payable on the 15th September next.
Mr. Lindow, Mr. Stirling, and Mr. Dees, the re-
tiring directors, were re-elected ; and Mr. Jobling
auditor. A vote of thanks to the chairman con-
cluded the proceedings.

MERTHYR, TREDEGAR, AND ABERGAVENNY.
The 15th half-yearly meeting was held at Aber-
gavenny on Thursday ; Captain Hill in the chair.
The directors' report stated that all points of dif-
ference with the lessees (the London and North-
Western Company) had been settled; and the Bill
for merging this company in the London and North-
Western had received Parliamentary sanction, and
took effect on July 1 last. The shares of the Mer-
thyr, Tredegar, and Abergavenny would shortly be
exchanged by the London and North-Western for
5 per cent. perpetual preference stock in that com-
pany. The rent charges for the half-year ending
June 30 would be received in a few days, and a
dividend was recommended at the rate of 5 per cent.
per annum, less income-tax, payable on Sept. 14.
The CHAIRMAN, in moving the adoption of the
report, said this would be their last meeting, and he
congratulated the shareholders on having arrived
at such an arrangement with the London and North-
Western.

The report was unanimously adopted, and the
dividend, as recommended, declared. _ _

A vote of thanks to the chairman brought the'
proceedings to a close.