The Sun.
London, England, 1850-02-28 00:00:00

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SUN OFFICE, Seven o' Clock.

TA W VALE RAILWAY.
(THIS DAY.)
The ordinary half-yearly general meeting of the pro-
prietors of tho Taw Vale Railway was held this after-
noon at the London Tavern; Mr. Tim; chairman of the
board of directors in the chair.

The advertisement convening the meeting having
bean read, the following report of the directors was sub-
mitted to the proprietors
" The financial statement will show that the directors
have confined their operations since the last general
meeting of the shareholders to the collection of arrears
of calls, and the payment of outstanding claims. The
works have continued in suspension since the last general
meeting.

"Your directors and the officers of the company have
rendered such information to the committee of share-
holders, appointed by the last general meeting, as they
required. A special general meeting will be held at the
close of this meeting to receive their report.
" Mr. Cooper, Mr. Sharland, the Hon. Francis Scott,
M.P., and Mr. Woolmer retire at the ensuing general
meeting, but are eligible for re-election; and Mr. Sher-
lund, the Hon. Francis Scott, M.P., and Mr. Woolmer
offer themselves accordingly.
" Mr. J. D. Williams, auditor, goes out of office by
rotation, but is eligible for re-election, and offers him-
self accordingly."
A report was also read from the committee of share-
holders appointed to investigate the affairs of the com-
pany, which complained of extravagance on the part of
the directors, but on the whole the committee recom-
mended the proprietors to forget the past, and by future
harmonious proceedings with the directors, endeavour to
bring the undertaking into a prosperous position. The
committee entertained no doubt of its ultimate success
if the line were economically constructed, and as another
call would be necessary, even if the proprietors were de-
sirous cf winding up the concern, the committee al-
vised the shareholders to sink all dispute upon the ques-
tion of gauge, and adopt steps for the construction of the
railway.

These reports gave rise to considerable discussion, but
they were eventually adopted; and other matters re-
ferred to in the directors' report having been disposed
of, thanks were voted to the Chairman, and the meeting
broke wp.

NEWPORT, ABERGA VENN Y, AND
HEREFORD RAILWAY COMPANY.—(THIS
DAY).
The seventh ordinary meeting of shareholders was
held this afternoon, at the London Tavern—Captain
Fi'zaaauriee chairman of the board of directors, in the
chair. The report stated—
'" The directors having been unable, at the period of
- the sixth ordinary meeting, to proceed with the business
of the company, in consequence of a quorum not having
assembled within the time stipulated by the Act of Par-
liament regulating such matters, they have directed a
reprint of the report and statement of accounts as then
published to be again laid before the company; and
they ask the shareholders assemblei at this, the seventh
ordinary meeting, to ratify and confirm the report and
accounts relating to the then last half-year's accounts, as
well as those now presented, relating to the last past half-
year to Et February histlnt.
" Pursuing the course reverted to in the last report,
the directors have now to state, that the unsettled ac-
counts ate reduced from 1,4581. 2s. 6d. to 2381. 2s. 6d. ;
that the loan due to the Union Bank is reduced since
the last meeting from 3,0001. to 2,5001.; to meet which,
there are arrears of call estimated to produce that
amount, and a balance in favour of the company at the
bankers of 4821. 9i. 4d.
" Calls in arrear have been recovered since the last
general meeting. to the amount of 1,281/. lOs.
The bill ia Chancery, filed by the Rhymney Com-
pany, has b3en withdrawn, and their claim to a fulfil-
ment of the agreement and a deposit of 10,000/. aban-
doned. The taxed costs of the suit, amounting to 246/.
-16.. 4,1., have been discharged.
" The certificate of the Commissioners of Railways
extends the powers of the special Act fJr purchasing
lands on the main line of this railway to August, 1851,
and for construction of the line, to August, 1855.
"'rho directars will carefully watch the progress of
works north of Hereford, on which the ulterior proceed-
ings of this company will mainly rest, and it will be for
the shareholders at the proper time to determine either
to complete the railway or to abandon the undertaking.
" Parties of undoubted pecuniary means have prof-
fered substantial assistance, either to complete the main
line as originally planned, or a modification of it."
On the motion of the CHAIRMAN this report was
adopted, and the retiring directors having been re-
elected, a new auditor was appointed; after which thanks
were voted to the Chairman, and the meeting terminated.

NEWMARKET RAILWAY.
(THIS DAY.)
The usual half-yearly meeting of the proprietors of
the Newmarket Railway was convened for to-day, at the
London Tavern, but there not being a sufficient number
•f shareholders present to constitute a meeting, it was
adjourned to the 14th of March.

NORFOLK RAILWAY COMPANY

(THIS DAY.)

The half-yearly general meetinicf the propriptors of
this company was held to-day, at their offices, Guildhall-
buildings.
CHARLES WM. TYNDALE, Egg., the new chairman in
the place of Mr. Dutf, took the chair shortly after one
o'clock, when the usual routine business having been
gone through,
The SECRETARY read the following retort of the
directors:—

" The statement of the capital account of this company
for the half-year ending 31st December, 1849, as well as
the capital and revenue account of the Eastern
Counties company during the same period, which
have becrn circulated among the proprietors,
will have, informed them of- their financial posi-
tion, and of the income which has been earned upon
their railway; it is gratikving to observe that the latter
exhibits a steady increase upon that of the correspond-
ing period of 1848.
'• Messrs. Quitter and Ball, the accountants, have been
unable to complete their general report on the accounts
of this company in time to be laid before the proprietors
upon it e present occasion, but the directors are led to
expect that it will be forthcoming very shortly.
" With reference to the remark of Major Court, one of
the auditors, on a charge in the present account of 161.
103. for stamps for proxies, the directors have to observe,
that the expense was incurred in re-pect of the spec ai
meting held to consider the subject of the amalgamation
with the Eastern Counties Company, an occasion upon
which they felt themselves justified in calling for a very
general expre,sion of the opinions of the proprietors.
The ,itrectors are happy t t report the confined good
understanding which subsists between them and their
colleagues in the Eastern Counties Direction, by which
they ar satisfi-d that the best interests of both com-
r cities will be promoted.
" After mature consideration, it was decided, in con-
cert with the directors of the Eastern Counties Company,
not to renew the application to Parliament for the Amal-
gamation Bill in the present session; and your directors
readily assented to this, in the conviction that the exr e-
rience of the joint working of the lines will gradually
remove all obstacles to the measure, by more clearly de
veloping the advantages, both to the shareholders and the

" The dividends to be declared at this meeting will be
the same as that if the Eastern Counties• Company,
ramely, at the rate of fifteen shillings upon the 100/.
toJk, for the half year.

" Two of the directors, Mr. E. Fuller Maitland and
Captain Wardell, retire at this meeting, but are rc-
eligible."
The CHAMIAN, Efter adverting to the state of
the company, alluded to Major Court's report,
and deprecated its being published in the
daily journals, especially the Times.
Major COURT admitted thtt he had sent the report to
the Times newspaper. He believed its insertion would
be of the greatest service to the company, and if there
was any odium in doing so he wculd take the whole
blame.

The CHAIRMAN thought the step most unadvisei,
especially as it was well known that the
1 imes hal for the last two years been en-
gaged in a crusade against railways generally.
If the report of Major Court hal been rent in time it
would have been printed with the other papers of the
comp-my and laid before the present meeting.
The SECRETARY then read Major Court's report,
which has already bees before the public.
After some considerable discussion with respect to the
rep,Jrt cf Major Cuurt, in the course of which many of
the charges were replied to and rebated, the report of
the directors and their accounts was approved and adopted,
ace' resolution was carried authorising the directors to
re-borrow the amount of monies previously borrowed
by the company, and since paid off.
The report of Major Court was also ordered to be
print( d and circulated among the proprietors, together
with the reply of the directors.
A dividend wai declared of upon the 1001.
stcck.

After some discussion with rcsuect to paying for
proxies, Mr. Arthur Mills was elected a diriet,:r, in
the room of Mr. Maitland, who was desirous of r# tir-
ing; Captain Warner was re• elected a director; and the
auditors were re-appinted.
Thanks were then voted to the chairman and directaN,
and the inetfttg so;,aratect.

EASTERN UNION RAILWAY.
(THIS DAY.)
'The half-yearly meeting of this company took place
to day, at Hadley's Hotel.
J. C. Cobbold, M.l'., took the chair shortly afer two
o'clock, but iu consequence of the illness of Mr. Hutton,
t accountant, the meeting was adjourned to the 22d
of March.

EAST ANGLIAN RAILWAY.
DAY.)
Thc. usual half yearly general meeting ( f the proprie-
tors of the East Anglian Railway %a; held this af, er_
non at the London vern, Mr. Henry Bruce, Chairman
of the Board cf Directors, in the chair.
The report stated,
" The revenue account fur the 1101=year ending 31st
December, 1849, showed a nett revenue amounting to
8,3271. 11s. 9(1., which was a considerable improvement
on the result of the preceding half-year. The total re-
cf,ipts amounted to 19,1531., and the expenditure to
11,8251. Bs. 3d.
Adverting to the liabilities of the company, the report
observed that," as h t ere was no prospect of rais.ng funds