The Sun.
London, England, 1850-02-19 00:00:00

(LEFT SPEAKING.)

LONDON AND BLACKWALL
RAILWAY.—(THIS DAY.)
The usual half-yearly general meeting of the pro-
prietors of the London and Blackwall Railway was held
this morning at the London Tavern ; Mr. Daniell,
chairman of the board of directors, in the chair.
The advertisement convening the meeting having been
read, the report of the directors was subeeitt3d to the
propriet)rs, from which we take the following extract:—
"The gross revenue for the hal'-year ba3 amounted to
24,3031. 03. 11d., and the expenditure (inclusive of
2,9061. 10d. for interest on debenture,i), bas Lin
18,849/. 23. 34., leaving a surplus of 5,45.3/. Bd,
which, with the balance of 3,162/ 17s. 2d. from the'
previous account, will admit of the payment of a divi-

dend of ls. 6d. per share, clear of income-tax, on the
107,240 shares at present entitled to receive dividend.
The result ef the six months' working with locomotives ex-
hibits a reduction of the expenditure, which fully
justifies the statement made by the directors in their
observations on the report of the committee. They
will continue to give their best attention to this subject,
in order to avail themselves of any further reductions
which experience in working under the locomotive sys-
tem may arable them to effect. The directors have been
unable to come to any arrangement with the Eastern
Counties Company far the use of the extension line, so
as to render it available for passenger traffic from the
Eastern Counties lines to Fencburch-street. The
Eastern Counties Company have refused to carry into
effect the agreement made with them, upon the faith of
which the extension line was constructed, and they
have also refused to refer the matters in dispute to the
arbitration of the engineers named in the agreement.
The directors, therefore, see no alternative but to re-
sort to Parliament for such powers as will enable
this company to offer proper facilities to passen-
gers desiring to avail themselves of the conveniences
afforded by the extension line, and the City terminus of
this railway, and they hare taken the requisite steps fur
that purpose. A vacancy in the direction having oc-
curred by the resignation of Mr. Philip Baker, the di-
rectors have elected Mr. Josiah Wilson, one of the audi-
tors, in his stead, in the mode prescribed by the Act of
Parliament, and they trust that the election Hill be ap-
proved by the proprietors. In consequence of the va-
cancy thus caused in the auditorship, the directors have
deemed it proper to request the remaining auditor, Mr.
Valpy, to nominate some proprietor to assist him on this
occasion, leaving it to the shareholders at the present
meeting to elect as auditor such proprietor as they may
think fit. At this meeting Mr. Haigh and Captain
Mangles retire from the direction by rotation, and being
eligible, they offer themselves for re•electicn."
The CHAIRMAN, in moving the adoption of the report,
briefly observed that during the present year theieceipts
of the line t eel considerably increased. There bad been
a falling off in the traffic owing to the openines of the
North Kent and the Woolwich lines, but it was fully an.
ticipated that this loss would be made up when the East
and West India Docks and Birmingham Junction line
came into operation.
Mr. IiUNDELL compleie ed of the favouritism that this
company displayed towards the Star Steam-packet Com-
pany, and recommended to elect no directors who were
in any way interested in that speculation. He also re-
commended that the fares should be reduced by the
abandonment of tEe ticket system, and adopting the
check-gates used on Waterloo•bridge.
Mr. SMITH urged upon the proprietors the expediency
of endeavouring to obtain an efficient audit. He was fa-
vourable to a Government audit, but to restore confidence,
and to put the matter in a train for a speedy settlement,
he moved as an amendment that it was highly desirable
that a Government board of audit shculd be established,
or that the question should be ch fermi to a committee.

A PROPRIETOR 6uggested that the amendment I:ad
better be poeponed till they came to the election cf
auditors-.

Mr. SMITH said he would take Ihe hint and delay his
proposal accordingly._

KEATE spoke frelicgly in favour cf some change
in the mode of audit, for after a long life of industry,
be had invoqed all his earnings in three railwayf, and
then he found his property depreciated from thousands
to hundreds.

The CHAIRMAN said the desire of the board was to
cconomize as much as possible.
Captain FINLAYSON was of opinion that tho auditors
ought to sift every item in the accounts, both large and
small, and see if the expenditure was necessary.
The CHAIRMAN remarked that in that case the
auditors would assume the functions of directors.
After some further discussion, iii the course of which
Mr. Guldsmid suggested that the future policy of the
company ought to be to endeavour to amalgamate with
some other concern, the motion for the adoption of the
report was agreed to, and a° dividend declared.
The election of the new auditor and director was
confirmed, and the retiring directors re-elected, after
which a committee of shareholders was appointed to
consider the question of audit.
Thanks were then vctA to the Chairman, and the
meeting terminated.

EAST INDIA RAILWAY COMPANY
(THIS DAY.)

The annual general meeting of this company was\held
this day at, the London Tavern, at one o'clock. Mr.
Aglionby, M.P., in the chair.
After the Secretary had read the report,
The CHAIRMAN entered into certain explanations
with reference to the payment ef the calls, which he
stated were first paid into the Bank of England, and
afterwards into the East India Bank, from which time
they began t.) pay interest, and then back to the Bank cf
England ; ;so that, to meet the current expenses, no
money could be drawn out without the sanction of
Governmeat. The chairman then alluded to the
allocation ef the 5,000 shares which remained
over at their last meeting. 3,000 of them had been
offered to tho directors by a resolution cf the proprie-
tors, which bad been declined by the directors, and he
(the Chairman) was very happy to announce that those
5,000 shares had been allocated among persons who
would wish to retain them as property, and not to dis-
pose of them as a speetfietior. 11.3 concluded by moving
the adoption of the report, which was carried unani-
mously.
In answer to some observation from Mr. BEAUMONT,
The CHAIRMAN said that the delays which might have
taken place were entirely unavoidable, as all the proceed-
ings of the company had in the first place to obtain the
sanction of the Board el East India Directors, and after-
wards of the Board of Control.

Mr. RICARDO wished to know if all the moneys which
might be laid out by the company were guarante:d by
the East India Company ?
The CHAIRMAN said that certainly every farthing was,
and that owing to the mode of banking adopted by tho
company, namely, of all moneys passing through the Bunk
of England to the account of the East India Company.
and then back again to the Bank of England, to he
drawn on by the Railway Company.
Mr. Aglionby, Mr. Colvin, Mr. Pascal Lorkins, were
then re-appointed as directors, and Captain Farquharson
was re-appcinted.
Mr. BEAUMONT then proposed a resolution to provide
for the purpose of recompensing Mr. Stephenson, the
engineer, for his services to the company. The resolu-
tion was to the effect, that Mr. Stephenson should be
entitled to 5 per cent. per annum on the net profits after
the payment of 5 per cent. per annum to the proprietors
on their capital and expenditure.
Captain HENDERSON in seconding the resolution, paid
a tribute to the services of Mr. Stephenson, who he
said had undertaken three voyages to India, and who
was now making a fourth fir the purpose of forwarding
the completion of the rails ay.
The resolution was carried unanimously.

The meeting then separated after the usual compl,
went to the Chairman and directors.

SPORTING IN TELLIGENCE.
TATTERSALL'S.-YESTERDAY.
LIVERPOOL STEEPLECHASE.
15 to 1 agst Mr. Harrison's Meath—:alien
15 to 1 agst Mr. Mangan's Farnham
30 to 1 agst Mr. Treadgold's Maria Day—t to 1004
30 to 1 agst Mr. Cunningham's Quadruped
50 to 1 agst Mr. D. Lewis na Everton— taken
Meath was tacked with great spirit, rising from 30
to 15 to 1, the highest offer at the close.
Rescue and Grand Lumiere were accidentally omitted
in the acceptances far this event.
LINCOLN STEEPLECHASE.
5 to 1 agst Trust-me-not
8 to 1 agst Mr. Treadgold's Maria Day
15 to 1 agst Young Lottery—taken
LINCOLN FLAT RACE.
9 to 1 agst Lecornte
THE NORTHAMPTONSHIRE STARES.
7 to 1 agst Mr. H. Hill's Osterley, 4 yrs, 7st—taken
10 to 1 agst Mr. Halford's Harriott, 3 yrs, sst 101 b
100 to 6 agst Sir J. Hawley's Fernhill, 5 yrs, Bst 41b
—taken
25 to 1 agst Captain Lowther's Bastinado, 3 yrs,
4st 61b
The ads quoted agst Osterley were taken in huc-
dreds, and 20 to 1 freely about Fernhill.
METROPOLITAN HANDICAP.
5 to 1 sgst Mr. Gratwicke's Cheerful, 4 yrs, 6st—
taken and afterwards offered
25 to 1 agst Mr. Douglas's Sir Gilbee, 4 yrs, 6st 21b
30 to 1 agst Mr. Carew's Eva, 4 yrs, Est 121 b
30 to 1 agst Mr. Meikiam's Inheritress, aged, Bst
Not half a dozen bets laid. 200 even on the field agst
Cheerful, Black Eagle, Damask, Snowstorm, Ada Mary,
Testator, Eagle's Plume, Quiver, and Era.
TWO THOUSAND GUINEAS STARES.
5 to 1 agst Mr. Bowes's Mickleton—taken
. CHESTER CUP.
16 to 1 agst Mr. Merry's Miss Ann, 4 yrs, 7st
20 to 1 agst Mr. Meiklam's Roland, 4 yrs, sst 81b—t'
20 to 1 agst Lord Howth's Peep-o'-day Boy, 6 yrs,
9st—taken
20 to 1 agst Mr. Osbaldeston's Fagleman, sst 71b
20 to 1 agst Mr. St. George's Whim colt, 4 yrs,
6st 71b
25 to 1 agst Capt. Harcourt's Ellerdale, 6 yrs, Bst 31b
—taken
35 to 1 agst 4 yrs, Lord Chesterfield's Lady Evelyn,.
Bst 21b—taken
•We have quoted every horse backed; tho investments
were of moderate amount.
211185311
ttttt
00000 11111 agstaaaaggggssss
tttt v
imm
Lordur: . k..
wej
E.
Gratwicke's o.
Scott's
of Di
odotwttu aspor Richmond'ss.alniTiaihi
B:hoNiGt
Cyprus—taken
oioh:Ablerirovok
nee
.taken
cl l_l u
tm
el
)eicoon
angst
CLoolrodo iir)leiee'is,sCHilanrcdhieurge
08 Mayors
40
and
The3o topr
principal
oats
iggpssatt Li‘bioerrt. d
sGI,Ea.
engrnlei
onlnt.o,osno;
ab04u42t505300111. agst Bolingbroke, who, it is stated, Ihlasto,,lgotot
into Chancery;" 13 and 14 to 1 to some amounts agst
Tho Nigger; and 5,000 to 100 and 2.000 to 50 g
Hardioge. Mayors was again in favour, and, although
t
not backed for much money, cannot bu quoted at snore
than 30 to 1.

[ADVERTISEMENT.]—A dreadful Abscess unikr the
Chin Cured by Holloway's Ointment and Pills.—Robert
Davidson, shoemaker, of Anstruther, had suffered for more
' than five years with a very dreadful abscess under his chin ;
during this time he had been under the care of two surgeons in
Anstruther and one in Edinburgh, without the least prospect
of a cure. In this miserable condition he began to use Hollo-
way's Ointment and Pills, which, in the short space of two
mouths, soundly healed the wound ; and he is now enjoying the
best of health. These fine medicines are admirable remedies
for king's evil, wounds of all kinds, burns, scalds, piles, fistula,
and bearings down. Sold by all Druggists, and at Prefesaor
Holloway's Establishment, 244, Strand, Louden.
The Bishop of Norwich had an interview yesterday
with Lord John Enaell.

RAILWAY SHARE MARKETS.

BRISTOL, FEB. 18.

STOCK EXCHANGE..--Thu Market still continues inani-
mate, and little business has been transacted. Prices are
nominally as on Friday, but have a tendency to decline, yet
not sufficiently so to call for a specification.