The Sun.
London, England, 1850-11-06 00:00:00

RAILWAY INTELLIGENCE.

I EXETER, YEOVa, AND DORCHESTER.
An extraordinary general meeting of the share-
holders of this company was held yesterday afternoon
at the London and `..!:outh-Western Railway Com-
pany's offices, York-road, for the purpose of consider-
ing the existing relations between the Exeter, Yeovil,
and Dorchester Company, and the London and South-
Western Company, and of taking such steps with re-
ference thereto as should appear to the meeting to be
expedient; and for other special purpo.ses. Mr. Wool-
mer in the chair.

After a few preliminitry remarks, the Chairman
said that the following report had been drawn up that
morning by the board of directors, to be submitted to
the consideration of the meeting :
" In conformity with the wishes expressed by the pro-
prietors present on the 27th of August last, this special
general meeting has been called for the purpose, as
stated by the notice, of considering the existing relations
between this company and the .Lond,n and South-
Western Railway Company, and of taking such steps
with reference thereto as shall appear expedient.
" The directors observed that, at the recent meeting
of the London and South-Western Company, powers
were given to the directors of that company to make
such arrangements in respect of this undertaking as
should appear fitting and just ; and the directors learn
that the London and South-Western board have, in
order to carry out this object, appointed a committee to
meet a committee of this company. This course ap-
pears to the board likely to lead to a satisfactory result,
and they therefore recommend that the proprietors
should appoint such a committee from their own body,
including such of the directors as are not nomiaees of
the London and South-Western Railway Company.
And that the committee be authorised to confer with
the committee appointed by the London and South-
Western Company's board, and either report their re-
commendations to a future meeting of this proprietary,
or proceed without such a report to carry nem out as
may seem best. The definition and extent of such
powers the board would leave in the hands of the
meeting, and they have deemed it right to
direct that the proper Gazette and newspaper
notices should be given in the present month off an ap-
plication to Parliament for a dissolution of the company,
and for enabling the legal completion of such arrange-
ments,between the two companies as may be found
expedient. These notices it may be unnecessary to
follow up by the introduction of any Bill into Parlia-
ment, but the board are of opinion that the time for
publishing notices should not be allowed to pass with-
out the company being placed in a position to proceed
to Parliament in the ensuing session if necessary, and
have given directions accordingly."
The CHAIRMAN then moved that the above report
should be received.

Mr. PARSONS seconded the motion, which was car-
ried unanimously.
The CHAIRMAN, in answer to questions, informed
the meeting that, in the event of their adopting the
recommendation of the directors, it would be for the
committee nominated to ascertain at whose expense a
Bill such as that alluded to should be brought into
Parliament. There were only two members of their
board, so far as he knew, who were not nominees of
the London and South-Western Company.
The proportion of shares held by the General Com-
pany and by the London and South-Western Com-
pany respectively, was as to I, the exact number
being—General Company, 21,000 ; London and
South-Western Company, 35,000.
It was then moved by Mr. WILLIAMS, seconded by
Mr. J. DRAY, and, after some conversation, carried,
" That a committee should be appointed, consisting
of five shareholders, namely, Messrs. Woolmer, Par-
sons, Edwards, Boyd, and Day, three to form a
quorum, though the concurrence of four members
should be necessary to any definite arrangement that
might be entered into ; and that this committee
should be empowered to negotiate with the directors
of the London and South-Western Railway Company
relative to the existing relations between the company
and the London and South-Western Company, and
to conclude such arrangements as they may consider
for the interests of the company; and that such com-
mittee be empowered to take any steps that may be
necessary to carry such arrangements into effect."
Mr. CHAPLIN assured the meeting that in all that
regarded the London and South-Western Rtilway
Company the committee would be met in the most
friendly and liberal manner, and b.l had every reason
to believe that the conference would be attended with
the most satisfactory results. The matter would be
discussed freely, honourably, and impartially.
A vote of thanks to the chairman terminated the
proceedings.
DUNGARVAN ELECTION.

Mr. John Francis Maguire, of the Corh Examiner,
is abuut to redeem his pledge, and has already issued
his address to the electors of Dungarran. It is a
long and ably drawn up document, and such as leaves
no room for doubt as to the political principles of the
candidate. He is, of course, a Repealer, and anti-
Churchman, and an advocate of tenant-right.
Touching the question of protection, Mr. Maguire
observes—

" Believing, in my inmost soul, that there cannot be
a wilder delu&ion than Oust which supposes a restora-
tion to a protecting duty on foreign cern, I shall not
dwell on that subject, save only to say this much,
that even were protection possible of attainment,
which I am thoroughly convinced it is not,--aa I
believe the manufacturing and trading communities
of England would rise in rebellion rather than consent
to relinquish the advantage of a free trade in the staple
article or lite,—l should not seek Ix it, and for two
reasons; in the first place, because I bold it to be im-
politic and inhuman to impose a tax on the food of the
poor, and, in the second, because any notion of a re-
turn to protection would only lead to a vigorous re-
newal of the worst form of rack-renting, and prevent
that equitable settlement of the land question which its so
essential to the welfare of every class and interest in this
country."