The Sun.
London, England, 1850-08-30 00:00:00

N°. 18,076.]

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[PRICE SD.

is, to 30th June, amounts to MON. 1 this sum the directors consider thenssellevee st,w 1.1,
is declaring a dividend, and therefore reco ar.
mmend
• shillings per abate be allocated for this ar-
• • • • • . Renewed applications havp
ing
_ .pade to Government for assistance to enable
the directors to complete the line, they -have now the
pleasure of stating that a loan of 120,0004 has been
granted by the Exchequer Loan Commissioners. at an
interest of 5 per cent. This amount, together with the
calls already made, and to be made, together with the
further loans which the Company are empowered to
effect, will, the directors trust, enable them to prosecute
to completion the- works with vigour. It appeared by
the statement of accounts that the total sum received,
under the head of capital account, up to the ;10th June,
1850, was 722,7214 81.10 d.; expenditure, 696 692 L lOs.
10d.; revenue account receipts for ten and a half months
to 31st December, 1849, and half-yearending 30th June,
1850, 25,372/. 19s. 2d.; expenditure for same period,
16,0034 lb. 3d.; leaving a balance is favour of the com•
pay on the farmer account on tho 30th June, 1850, of
26,028/. 18s,, and a balance on the.same day in favour of
the campeny, on the hitter account. of 9.3691 IS,. 11H.
After some discussion on the sublee..,f puolidling-ihn
names of defaulting spar. holders, the report was adapted,
and alto engineer's report was then read.
Mr. FRENCH observed that the contr.,et for the Boyns
viaduct was for fifty or sixty thousand pouudq. nod DO
one would apply for it but a
person who was
etly
competent to carry it out properly. The pet
cati
were sometimes made out for favourites sandpecifi certainons
parties. He bad been allowed t, go over the plan, and
by the next meeting he would be in a position t, prove
what he stated was the fact.
Sir JOHN M'NEILL (the engineer) then said that the,
meeting had heard the observations of Mr. Freneti 'la re-
ference to the mode in which the specifications hid been
got up,. namely, to suit particular parties. He stated
that he had seen those specifications, and he (Sir'John
NPNeill) called upon him to mention the specificeton to
which he referred. He had made a gross and Istuttstifl-
able charge.—(Hear, hear.)
Mr. FRENCH—I will never shrink from what I state.
I asked two months ago to see the specifications, as I
wanted to fortify myself with them, and they were then
refused to me
Sir JOHN 10NEILL—You stated that you saw the
specification. Produce it. What is it?
Mr. FRENCH—How can I produce it now?
Sir J. MINEILL—You have stated a wilful untruth.
Mr. FRENCH—Any accusation I make I will maintain.
I have been.granted liberty to inspect the specification,
and perhaps I will be able to do what I say at our next
meeting.
•
Sir J. M•NEux—That will not be for six months.
You say you know the specification, and I call upon you
to name it,
Mr. FRENCH—There is no use in talking about it. I
have one in my possession.
Sir J. W.NEn.r.—What is it? There must be a copy
of it in the office.
Mr. FRENCH—Let the matter drop.
Sir J. MekiEux—l will not let it drop; and you should
be ashemed of yourtelt, sir.—(fle,ar.)
Mr. FRENCH—lndeed I am not.
Sir J. M`NEILL—Namc the specification, or I will
say you have stated what is a wilful untruth.
Mr. WRIGHT condemned Mr. Ftench for making such
an unfounded charge.
Mr. FRENCH retorted by saying that Mr. Wright was
in arrear, and was not entitled to be heard at aIL
The SECRETARY stat• d that Mr. Wright had paid up
his calls upon Monday last.
The CHAIRMAN—I think that it is very unjustifiable
to bring forward a charge which implicates not only Sir
John M.N, ill, but—

Mr. FRENCH --I did tot mention the names of any
parties.
The CHAIRMAN —There could not be any mistake.
Every one must know that if anything were done that
was incorrect it was done by the engineer by whom the
specification had been drawn up; therefore it could not
be denied that their..engineetein-chief bad been itiipli-
cated in the charge.—(Elear, hear.) Sir John M'lsleill
was quite right in saying what he has said; and upon
the part of the meeting I must say that it was a very un-
justifiable attack upon him, and had been made by, Mr.
French without being in a position to prove what he
asserted .—(Hear.) I will afford every opportunity to
bring forward against any person connected with the
undertaking any charge that can be substantiated, but in
justice to all parties permit tue to say that it is very un-
fair to bring turward so serious a charge without proof.
Mr. FRENCH—J believe that when I brought forward
charges heretofore they wero to a great extent Wig.
The CHAIRMAN—To a great lextente-they-were .true,
but your present charge is quite unjustifiable.
Mr. FRENCH—I will maintain what I assert, and
prove that I am right.
Sir J. M'NF...ux—lt is absolutely necessary that•some-
thing should be done as regards this charge.
.Mr. GARTLAN—I rise to order. Mr. French • has
made an assertion to which Sir J. M'Neill has given as
positive and flat a denial as any man could love to an-
other. He has called upon Mr. French to bring..for-
ward his proof, and he has not any to produce; and I
eats, in the hearing of the chairman that that charge
should bo withdrawn.—(Hear, hear.) It Mr. French
has the feelings of a gentleman and a Christian he will
withdraw it.—(Hear, hear.)
Mr. WRICHT—But he has not those feelings.
Mr. FRENCH—I came here, Mr. Garth:Li, to protect
my property, and have never beau paid fur waking a
speech.
Mr. GARTLAN—It is false that I have been so.
The CHAIRDIAN-1 have already Ltat.,l that Mr.
French was not jUstifivd in bringing forward so grave a
charge without any proco to sustain it, and I hope the
matter will now drop.—(Hear, hear.)
A resolution recotnin,nding that los. per share to
given to each proprieter, iu the manner specified in the
r, port, wits ths-n adopted.
Mr. Wnecur stated that he was one of the original
subscribers; he held fifty shares. lie paid up all be
owed with the exception of the last call. He tied been
out i f town, anti when he returned to it he paid the
money. He would hart have attended the meeting, if he
had nut paid every thing that was due by him.
Mr. Barlow then left the chair, and Mr. Wilson being
called thereto, the meeting was dissolved.
D

RECT LONDON AND PORTSMOUTET.
The ninth ordinary meeting of the proprietors of this
company was held yesterday at the London Tavern, fur
the purpose of hearing a report from the directors as to
their proceedings in endeavouring to break up the com-
pany; but lung after the hour appointed there was an
insufficient attendance oF proprietors to constitute a legal
meeting, and the chairman (William Arthur Wilkinson,
Esq.) said that he would merely explain how they were
situated. It had been found impossible to carry on the
hue, and accordingly a Bill was promoted in Parliament
with the view of dissolving the company. The winding-
up Act, however, being under the consideration of the
L. gislature, the Bill was not pressed. It was now found
that this Act was detective, and to make it available for
an incorporated company, such as theirs unfoitunately
would entail great expense and cause much delay,
and the directors vvere earnestly considering
how they could avoid both, and wind up the company
by private cons( nt. The chairman then read several
clauses in the Ac', to show what numerous forms
had to be gone through, and stated that
other companies were in the same predicament as them-
selves, and it was to be hop d the Act would be amended
next 8, Esiun to render it more useful. The report stated
that " the attention of your directors during the past
six months has been wholly given to the means of speedily
dissolving this company. The proprietors are aware
that it was with this view alone your directors applied
to Psrliament in the last session for powers to abandon
the under:skit% and dissolve the company,' and that the
progress of this 13;11 was stayed on the introduction into
the Howe of Lords of a general measure of relief, in-
tituled An Act to facilit,te the Abandonment of
ways and the Dissolution of Railway Companies in cer-
tain cases.' This measure received the royal assent on
the inst., at a period too late to enable your di-
rectors to lay it before you for your decision thereon at
the present meeting; but it is their intention to convent)
a special meeting for that purpose as soon as it can be
conveniently done." la conclusion, the Chairman said
he hoped they would be enabled to save something from
the wreck.—Thanks were then voted to the board, and
the meeting adjourned.

WATERFORD AND LIMERICK.
After struggling for three years with the diffichlties
into which this company has been plunged by previous
mismanagement, the present directors have succeeded in
free-ing it from all its embarrassments. The Public
Wolks Loan Commissioners are about to grant a loan,
and Mr. Win. Dargan undertakes to supply the remain-
der of the money required to extend the line to Fid-
down (within eight miles of Waterford), to which point
the river Suir is navigable for large vessels. The direc-
tors estimate that the entire cost of completing the line
to Watt.' ford will not exceed 400,000/., and that the total
sum expended from Limerick to Waterfird will be un-
der 950.0001. Shares have been tor &Red which give a
bonus of 40,0001. to the present proprietors, which will
reduce the cost to 910,0001. When completed, the capi-
tal account will stand as nearly as possible-10,000
share—stock. 500,0001.—10 an, 410,0001.—total, 910,0001.
—Evening Mail.

THE LATE DRIVERS ON THE..
EAS I'ERN COUNTIES RAILWAY.
On Monday the late drivers on this railway ad-
dressed the following letter to the chairman and di-
rectors
" Gentlemen,—lt is with deep regret on our part that
a divuto should have arisen between your superinten-
dent, Mr. Gooch, and us, which has made a great ascii•
lic© both of the interest of your property and of our la-
laJur. We, therefore, after calm consideration of the
circumstances of the dispute in question, cannot but
aAnowledge that our proceedings nave been much too
precipitate, and justify us in making an honourable com-
promise with y, u. We, therefore, respectfully fcr
y,,ur decision as to the resolutions forwarded through
Mr. Ashcruft, on Saturday, the 17th instant, or whether
yuu entertain any part of them. We also beg to
add, that a deputation will attend at your office on Tues-
day morning to wait your decision.
"your obedient servants,
(Signed) "Taos.
,g,ri ne
Tiiit!oest. n ,
HOPE.
"J. REES. "J. SLATER.
" VINCENT GRUNDI'."
To this an answer was returned in the shape of the
following extract from the minutes of the board :
Extract from the minutes of the board of the 271,11
August, 1850:—` Read a letter signed by Thomas Rope,
J. Slater, J. Rees, and Vincent Grundy, late engine-
drivers in the company's service. Resolved, that the late
engine-driers and firemen be informed that if any of
them apply to Mr. Gooch to be appointed in this com-
pany's service, their applicltions will be considered as
vacancies offer, but the staff of the company's engine-
drivers and firemen is at present complete.' "
here the matter rests. The drivers still. meet every
evening at Stratford, and in the meantime, the bugling