The Sun.
London, England, 1850-08-17 00:00:00

RAILWAY INTELLIGENCE.
B U CKIN GHA M S HIRE.

The half-yearly meeting of the shareholders of this
company took plack yesterday; at the Euston Station,
for the purpose of receiving the report of the direc-
tors, and on other business of the company.
Sir Harry Verney, the chairman of the company,
took the chair at two o'clock, and the minutes of the
last meeting having been read and confirmed,
Mr. E. WTATKIN (the secretary) read the following
report of the directors:—
" The accounts which accompany this report show
that the sum of 1,033,4691. 6s. sd. has been received in
calls, loans, &c., and that 1,031,7904 6s. 10d, has been
expended on the construction of the railway.
" The directors are happy to announce that the Bill
for a deviation of the line between Islip and Oxford re-
ceived; the Royal assent on the 17th May last, and that
they contracted for the works authorised by that to be
constructed on the 3d August, on satisfactory terms
—one of the conditions being that the line from Islip to
the Banbury turnpike-road, within 2 miles of Oxford,
shall be ready for opening on the Ist of November next.
" In accordance with the intimation to that effect con-
veyed in their last report, the line from Bletchley to
Banbury was opened, under the management of the
London .aud North-Western Company, for passenger
traffic on the Ist May last; and it is now being used also
fur goods and mineral,.. The station accommodation
for the heavier kind of traffic, however, is not quite
completed, but it is rapidly proceeding. The directors
propose to open the Oxford line as far us Islip on the
16th September next, and to open further to the Ban-
bury road on the Ist November next. Tho remainder of
the line will be completed and opened early in the sum-
mer of 1851; and so soon as this has lawee effected the
formal 1-use of the undertaking to the London and
North-Western Company will be duly executed, and the
proprietors of this company will thenceforth receive out
of the funds of the leasing company the dividend gua-
ranteed to them by their Act of Parliament.
" The directors have to report a threatened violation
of the Oxford and Rugby Act, 1815, prejudicial to the
inoirests of this company, a violation all the more to be
deprecated, n= it seems to have been countenanced by
permission of the Railway Commissioners, given possi-
bly under a misapprehension of the circumstances. Tho
(lite:lora have remonstrated with the Railway Commis-
sioerrs, and have again urged upon the Great Western
Cconpeny the preparation of those means of junction, and
facilities fo. interchange of traffic which Parliament pro-
videri for; hitherto however no positive measures have
taken place." _

Tik. CHAIRMAN, in moving the adoption of the
report, regretted t►he disagreement which had taken
place between this company and the Great "Western
Cornpany, but he believed that in the course that had
been adopted the directors had done the best they
could for the proprietors and the public.
After some discussion, the report was agreed to.

The auditors were re-appointed.
A vote of thanks was unanimously carried to the
Rev. Mr. Freemantle, a gratuitous chaplain on the
line of the works of the company; and also to the
secretary and the chairman, and the meeting sepa-
rated.