The Sun.
London, England, 1850-05-29 00:00:00

•
of England Purchase Sheres were unanimals4
provedanuosfr, after
proposedsom some
by considerable.;fr..
H.
s
discuss'°sop, to
amendmentmP „Ist
substitute
January,
the words " Ist of July, 1855,"
for „or
curred in by the chairman
tors. The resolutions were as follows North
1. That the first 81. per share'paid on the Graft' Mitt
"aiirnmatnheir,m7ththreespoalurttioonf,
twheaui,;oo,
of England Railway Purchase Shares obeli, L,„O-0.
Ist of July next, take the ordinary dividend Of the
-
pany. re•
2. That the call of 2/. per share last made shall be ;It
dueed to 1/. per share, payable on the Ist
and that any shareholder who shall have paid sot sis
of 2/. per share shall be entitled, on demand 11„itht,irpof
weeks after the passing into an Act of there.P'
before Parliament, to repayment of 1/. per 5h.,,,
3. That the sum of 71. 13s. 4d., which Will, ":;11,htli
main to be paid to make up 161. 13s. 4d. per 5Pa.,".',10
be called by the instalments; and at the intro's" ceoo
per sh'fjo,,
hereinafter mentioned-that is to say, ii.
the Ist July, 1852; 11. 10s. per share on the l'tisst
1853; 1/. 10i. per share on the Ist JanuarY, sac
and the remaining 31. 13=. 40. per fiber() istof
times between the Ist of January, 1854, nod the.thiol‘
May, 1856, as the directors may from time to lin3"
proper. p Orl it°
4. That the amount from time to time phi 0 per'
said shares beyond the first 81. per share shall lir'l4'l.por
petually guaranteed to it interest at the rate °Ff so 9
cent. per annum, with an option to the holder coo
0
share, or divided share, to relinquish such °OOO
ordinary
and to take thenctf )rward in respect, there
dividend of the company. „ MO°.
5. That after payment by any shareholder v- ass/
pursuance or in advance of calls) of 51. per sbace "006
share then held by him, beyond, the first 8/. Pe into
every such share shall be divided and converteub.o"lol
share of 81., or into stock to that amount: t"ltees
_fin as
orclinray dividend of the 'cornpany ard ia`*-I.,id.
share ot 17/., on which 5/. will then'have bee,lll7oslo'
6. That any bolder of any such share of 171. vit,-ilisre'
at any time pay, in addition to the 51. paid on sec„,";ae'
and the calls, if any, which may have then heecijorell,
respect of such share, the further sum of 21. Per FOIL
way of advance, shall be entitled to requite ttlihaelsuip
to divide such 171 share into two shares of
value of 81. 13s. 4d. and 81. 65..8d. respectieo or°
which last-naentioned share the said sum of 21 Percertifr
shall be deemed to have been paid, and separate t
cares shall be given for such two shares. oft
7. That the 8/. 6s. Bd. per ,hare, which ceili,,re4l. firm
be called after payment of the sum of la I°9. the/
share of 251., shall not (eicrpt as hereinafter rae"";011,1
he called up, if the amount can be borrowed or isister
mortgage, which the company shall use their "thai,°ll v°,l
ertions to effect ; but if such amount "/ tor);
have been so borrowed on the. Ist day
1856, such sum of 81 s 6i. Bd. shall be called de(
times and by such instalments as the director'lto
termine, with a view to the payment of the b' ''t Vt"
the money due to the shareholders' in the G"-
of England Railway. tio
8. That the directors bn em owercd, if
ntba
think fir, to alter or omit all or an of the efau,s' le;
Bill now before Parliament, promoted by the:fel%
relating to the said Great North of Esglay. c 105.4
Pa; chase Shares, and to insert therein 00' ot-Vii
or clans( s for the better carrying into effect 3beret° t
of the resolutions of this meeting in reference ores
9. That any huller, either of extension or of
North of England Railway Purchase Share, "h t„,a 1/1
DOW paid. or may hereafter pay up, any Of b'S flite°l2r
0010008
full, shall be at liberty to have the' same
consolidstel into stock, the holder of seeh,Plc3.,f
shares still retaining his guarantee as at:two:3losrd
At the conclusion of the proceedings, Ar. ,corditi°
asked if Mr. Hudson had paid the 50,0001 e '-
to arrangement ? iccd'
rece
Mr. LEEMA.N said that 40,600 Z. had beep ,ore
and that the remaining 10,000!" be s"''
would be received very shortly.
_ob
Mr.[HoLLoN proposed a vote of thanks to yo 0e
trap, which was seconded by Mr. SCOTT, '01.14

and carried with loud applause.
The meeting then terminated.