The Sun.
London, England, 1859-01-19 00:00:00

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RAILWAY INTELLIGEN S
LONDON, BRIGHTON, AND SOUTI I. COAST.
The directors of this co.lapany, havint r had the
accounts for the past half-year submitted to them,
have decided upon recommending the paywei zt of 'a
dividend for the half-year of -£3 lOs per cent. c :in the
consolidated stock of tUe company, makin,l the
total dividend for the year 1858 amount to per
cent.

. ,
consulted, and. I- hope -to be able to prepare a i
BOMBAY, BARODA, AND CENTRAL INK`I.A. 'v r
clause which will enable a great portion of those
Who are lodgers and have the ain,Mtio,
--1 to exercise The half-yearly meeting of this company was I%the right of voting to place thenisell:es on the held yesterday at the offices in Liverpool-stx•eet, fi
register. (Hear, hear, and cheers.) )31/,' I cannot City—Col. French presiding. !
- • 'ch that Th secretary (Mr. Kennedy) read the report
r, per- follows :
at present state the precise mode in Iva 1-
object can be accomplished. I am, hcrWevc
ersospinen'ettel;sethla,..t the surveys of
" The directairscEohtaevrileetthe?, satisfaction of informin i ^ the k
sap Ition )4
from
miles of the second con. ,
feetly. convinced of its neces4ity. When I 'N'as in • A
the
eurareteeitoNertLVetu :-nee
Glasgow tables were submitted to me, showinjs:
number of young unmarried men living in lodgm:s River, havembe
of the Bombay GoveriLent in tandhehafovSllowing.terms
"..' Government derive or with their parents ; buf I have no doubt,that
three-fourths of them- had somebody in their eye— 1 ~ much gratification from the i: ifor- •
..(laughter)—and Yhope that is the case also in
luve.ilte. from Spratrtm2on.whichthese papers convey of the line which has
Bradford. (Latlghter and cheers.) Perhaps in the been 'id
tothe Veturnee Paver, throw gh a
was course of six months, or twelve months, or acoupledifficulties. feared would present very se rions
of years; they may be in the happy bond of wed- engineering'
country:.. hi 11 it
as regards its curves and gradients is inbex-
g,;ined wit bout any considerable leper-
lock, and acquire the natural position of electors the advan tago which it secures in these
rwelisoilelleonfgathe
n"etTn'Thabeihe,naolid
even under a household franchise. (Cheers.) There. respects has been
v., as laid out, when they
fort Ido not think that matter so important as ture from the direct course, „ passing near all the chief
many persons suppose it to be. At, the same time, towns in the dist.' .
t, it,a2tne t thisover et
the
I have not the smallest objection to such persons
Veturnee River does not
being placed on the register, and I hope, as r have Ge "The shareholders will appgradre
arevreernmimnednedt'stheaptptrhoevalruliofntghe lii.
already intimated, to be able to introduce .a clause of our line from Ahmedabad to the
which- will be satisfactory to those who consider the exceed 1 in. 500. .
matter more important than I do. (Cheers.) "The directors congratulate the pt 'eprietary on the pros-,
pect of the inintediate opening of the A -
st portion of our line.
- M n
r, FOSTER held in his hand two resolutions -, they
By late advises have been infort led that the section-
which he wished t 9, read to the meeting. The first from Surat to Baroda, a distance of 80 ,miles, will, with the
was— . . . , .
.greeption of the two bridges now in coirse of erection over •
" That this meeting, having assembled to 'meet Mr. the Taptee and Norbudda rivers, be co tnpleted and ready
Bright, and agreeing with him in the general principles of for opening in February next. .
the Reform .measure which he last night explained, hereby "Up to the 2d'Oct.last our agent had re reiveil the autho-.
forms itself into a Reform-Association for the purpose of rity of the Bombay government for taking coat inuous pos-.
supporting by every constitutional means the passing of tie, <, session of the land for 321 miles of our him, from Surat.
measure 'during the coming. session of I-aliar -.,.._ .fit:.' ,fr is, and the construction of the cart ho -orks is pro- .
shall include household suffrage for borthighs, with a £lO gressiiig upon this ,portion of the BombayErt en. sion. Three
franchise for counties, vote by ballot, and sueli-adishilattion. kubsettuent sanctions, dated in Nov. last, ha- 7e given over -
of representatives to the -population as shall secure that no the remainder of
-the land required within th a Su rat collee-
minority of-the electors of the kingdom shall be allowed to torate, which places us in•possession of about 6t ; miles, in
elect the majority of representatives." the aggregate, south of Surat. The govern meat have fur- -
Since drawing up the resolution which he had read
ther authorised, by their minute of 23d qct..last, that our
officers should be put in immediate possestnon of govern-
another had been placed in his hands bythe Chair- ment waste lands, within the Mullah coll'xtorate;• to the
man. of the Liberal Association, which was in the extent of our aprr oved surveys, and also- that steps should
following terms : be taken to give possession, at as early a dare as practicable, -
of such other lands as may be required within that collec- •
" That this meeting, having been•called tooether to con-
fer with Mr. Bright on the great question of Reform which ter,a,tze
all of £4 10s. per share upon each share in the origi-
he explained last evening, trusts that the. Reformers of the 1 -tal*-f the company was made on 10th December
I.West Riding will, without' delay, form an association,' with iia capi_ _ o
...
directors think
it .
right that the shareholders
blanch associations in the different towns and villages of the last,
shouldand the_dtree_
that,
gat
h as the works are being
be informed. ,
.vigorously
United Kingdom, for thepurpoSe of carrying through Par-
pressed forward with a view to the opening at the earliest
liainent a real Reform Bill." •
possible date of the Bombay Extension line, it will be neces-
Mr. Councillor RAWSON, of Bradford, considered sane ere long that further calls should be made.
.
Mr. Blight's proposition preferable, to, household "It will be in the memory of the shareholders that at the
suffrage; (Cheers.) - - . last general meeting .of the proprietors a resolution was
• passed for. the conversion into stock of shares fully paid up
Mr. FOSTER then moved the second resolution in anticipation. As it has been ascertained, however, that
which he had read*.to'the.meeting. • there are legal difficulties in the way the directors ,have
The resolution was seconded by Mr. Alderman given notice for the introduction of a bill in the approach- •
HOOT.E. '- - -
- •- - hug session all/an-lent for the purpose of mo. obtaining e
-
extensive powers than the com any at resentpossess for
Mr. BRlGitt; in reply. to a question put by Mr.: the conversion into I' 4 P issue Pcapital." .
of shares
.stock, and the of '
,Harrison, of-Wakefield, said that his bill was nearly The
amountef cash received had been X 833,994 17 3
prepared, and- that the parties with whom he had And paid '671,704 2 3
the honour of consulting were honestly anxious to The CITAiRMAN congratulated the shareholders
give the•. most extensive suffrage which was con- On the progress of the line, and expressed his opi-
sistent with a clear and well-defined registration, • that it-would ' nion
and•. \
the prevailing sentiments in the public,mind. perous in India. He described the country through
The resolution was "then put and carried unani- which it passed as the milch cow of India, and ex-
mously, and on :the motion' Of Mr. Illiiigworth a pressed his belief that it would produce in dividends
committee was named pro tem:, for the purpose of more than. the most enthusiastic had even antici-
carrying out the objects of the conference. pated. He called upon the shareholders to support
, them, should it hereafter be found necessary to. -
appeal to the Secretary of India to procure them
an independent position in Bombay, instead of •
joining, as had been proposed, the Great Indian .
Peninsular Railway at Callian, which would take
them. l 6 or 18 miles. out of, their may, and at the
same time materially damage their traffic. He be-
lieved, however, that the Government engineers
were now alive to the importance of their having
an independent terminus in Bombay, and that,
being on the most friendly terms with the authori-
ties, this would be obtained.
After some conversation, the report was adopted,
and a resolution carried that in future all the
cheques for dividend warrants should be crossed, so
as to pass through a banker's.
In reply to questions it was stated that a bill
was in Parliament for enabling them to convert
their shares into stock—they having been unable to
do so under the present constitution—the calls
would depend upon the manner in which, when
they were enabled to so convert the shares, the
money was paid in advance, and whether they -
could obtain permission from the Secretary of State
for India to issue debentures, by which they had no
doubt of being enabled to save one-half per cent.
on the amount. they had to pay for capital. The
directors had no wish to press on the shareholders,
but ae the works were rapidly proceeding calls
would be required unless the money was otherwise
paid up.
A vote of thanks to the chairman closed the pro-
ceedings.

REFORM MEETING AT CHATHAM.

One of the most crowded meetings ever held in
Chatham took p/ace in that borough on Monday
evening in favour of a measure of reform. The
meeting was held in the Lecture-hall, which was
filled to overflowing, and hundreds were obliged to
leave the doors unable to obtain admission. It was
calculated that 1,200 persons were present. The
meeting was held under the auspices of the reform
party at Chatham, and among those present were :
Mr. Wilkins (in the chair), the Rev. Mr. Mac-
donald, M.A., Mr. Councillor Everest, Messrs. Pat-
Political
Whitehead, Wm. Swan (secretary of the
Political Reform League), Mr. Ernest Jones, &c.
Mr. CooK, after going into some statistics in
reference to the present electoral system, moved the
first resolution :—" That this meeting is of opinion
that the present representative system is defective,
unjust, and shows great necessity for a new reform
bill." -

Mr. IV. T. SWAN, the secretary of the London
Political Reform League, seconded the resolution.
tie said he had been present at one or two elections
in Chatham, and observed how they managed these
things -in their borough—(laughter)--and ho had
ever since considcrcd.that Chatham was a standing
argument in favour of the ballot. (Cheers,) To
have a fair representative system they must have
the ballot, and in perhaps no place was the ballot
more required than in Chatham, where there was a
great amount of government and other influence
brought to bear upon the electors. (Applause.)
The ballot he looked to as one of the principal re-
medies for the present. disgraceful system, which
was now in force at all their elections. He was
sorry Mr.. Bright had. apparently gone aside from
the views he originally enunciated at Birmingham,
when he expressed himself to be in favour of the
widest possible extension of the franchise, whereas
the views he had since advocated of a rating fran-
chise, and a redistribution of seats, would virtually
throw the whole political power into the hands of
the middle classes, to the exclusion of the working
classes. (Applause.) He was sorry Mr. Bright
did not propose manhood suffrage, irrespective of a
man living in a house of a certain rating, a pro-
posal which was so unjust that it would not give
satisfaction to the people at large. (Cheers.) It
was a libel on the working men of this country to
say that if they were entrusted with political power
they would make an improper use of it. (Cheers.)
Depend upon it principles wero better than expe-
diency—(hear, hear)—and if they acted on that
principle, and gave each working man a vote and
an interest in the affairs of the country, nothing
would tend more to advance its greatness and
liberties.

MANCHESTER., SHEFFIELD, AND. LINCOLN

SHIRE.

It appears the accounts of this company for tho
half-year ending December 31 have been made up,
and show, notwithstanding the competition to
which the company has been subjected during the
greater part of the half-year, and the depression in
trade, a balance sufficient to enable the directors to
declare, after payment of the canal annuities and
the interest on loans, the usual dividends on deben-
ture stock, on the £6 preference shares, on the 31
per cent. preference .stock, the £6 preference stock,
and the dividend on the new £lO redeemable £6
per cent. shares, leaving a balance of over £5,000
to the credit of the next half-year.

The resolution was then put to the meeting, and
carried unanimously.
Mr. PATTISON proposed the next resolution :
" That this meeting is of opinion that anything
short of a registered manhood suffrage, Tote by
ballot, shortening the duration of Parliament, and
more equal electoral districts, would be ineffectual
and inefficient."