The Sun.
London, England, 1845-08-13 00:00:00

tHE BtTN, LONDON, WEDNESDAI
LIVIORNiNft

RELATIVE CLOSING PRICES OF RAILWAY SHARES

IN THE

PRINCIPAL CITIES AND TOWNS IN ENGLAND, SCOTLAND, AND IRELAND.

London

Liver- I I%frll- I Bristol.
pea elestor.

York.

Bull.

Huddere-
fleld.

'Sheffield.

Glasgow.

follows :

RAILWAY INTELLIGENCE.

TEE LONDON AND YORK RAILWAY.

PETITION OF HENRY BRUCE, OF MINCING-

LANE.
TO THE EDITOR OF THE SUN.
SlR,—The distance I am from London will not all,w
me slfficient time to be there to offer evidence bel'on. the
Committee of the House of Commons to rebut the as
seri ion that. I, as a shareholder in th-3 London and York
Railway Company, have given a fictitious address, and I
must, therefore, beg a small space in your next paper as
the only opportunity left me of publicly giving the pa.
tition of Henry Bruce, as far as it relates to rne, a flit
and indignant denial.
On the first formation of the Lontlon and York 11:61-
way Company, I applied for thirty shares, all of which
I still retain, and in that application inserted my addres=,
York-buildings, New-road, where I was then actually
residing ; but having, as executor, to arrange some mat-
ters in the north of Ireland, I thought it advisable to get
my adiregs altered to 106, Crawford-street, Portm,n-
square, a public library, where I have been accustomed
for some years to have letters and papers ad4ressed, and
from whence I daily receive newspapers and letters.
I am, Sir, your most obedient servant,
CHARLES THOMAS HAMILTON, M.D.
Ccagh, Moneymore, Tyrone, Ireland, Aug. 9, 1845.

A correspondent addresses a letter to us as a scrip-holder in
the London and York Railway, which, under existing circum-
stances, we deem worthy of insertion in our columns. It is as

Sir,—being a constant reader of your journal, and a holder
of shares in the London and York line of railway, I feel assured
your usual kindness will not be wanting in giving publicity to
a few remarks I have to make on the anomalous position in
which this Company is now placed. The Lords' Committee
not having come to a conclusion on the various points laid
before them, further than that the " allegations against certain
respectable parties had not been sustained," and that, " as their
inquiries cannot be brought to a close during the present ses-
sion, they do not propose to report the evidence taken before
them to the House," the subject will have to be renewed when
Parliament again assembles. If rumours in quarters usually well
informed on railway matters are to be depended on, it wouhi ap-
pear to be highly probable that under any circumstances the
formation of a new subscription, deed will be necessary to gua-
rantee the safety of the Bill through the House of Lords. Ind ed
it is said that such a step is considered indispensable by the
promoters of the Bill themselves. If a renewal of the docu-
ment is really to be looked forward to, I fear the present
holders of the scrip will find themselves in an awkward posi-
tion ; and it is with this view I am induced to draw forth

(through the medium of your journal) some remarks from
those more conversant than myself with these matters as to the
circumstances in which we are actually placed, for it will be
necessary, in case of a new deed being required, for all scrip-
holders to sign it. The adhesion to the company of the origi-
nal subscribers will therefore become optional. If cert iin
sinister rumours afloat be well founded, the present difficulties
have emanated from a quarter which has laid itself open to
severe censure, since the difficulties referred to and injury to
the shareholders may be attributed to the parties concerned
It is also very questionable, whether, if a new subscription deed
he resolved upon, it can pass in the House of Lords without
having first gone through the House of Commons ; and hence
arises one of the most serious embarrassments attending the
whole affair, for should such prove to be the ease, a complete
rmation of a new company would be rendered necessary,
while the whole expense would have to be gone into again.
In that case, who must be the sufferers ? No new sub-
scribers would be found to take upon them the heavy
expenditure already incurred ; and the only course left open
would be to break up the present company, the Shareholders in
which would have to bear the loss; but this would be most
cruel and hard upon them, the more so if the emergency has
been caused, or even aided, by the avaricious proceedings of a
party from whom different conduct should have been expected.
You have justly remarked at various times on the talent dis-
played by the legal practitioners concerned for this Bill, and if
it has been counteracted in the manner which I fear it has by
some other persons interested, the fact will, I trust, be
thoroughly exposed, so that the real delinquents may stand
forth to answer for themselves. Hoping through the medium
of your valuable and independent journal soon to see a solution
of the problem, I remain, Sir, your most obedient servant,
A LONDON AND YORK SCRIPHOLDER.

The ability and energy displayed by the gentlemen charged
with conducting the Bill through its various difficult stages are
certainly entitled to all the commendation bestowed upon them.
Nor can it be doubted that it must be a source of great vexa-
tion that the Bill should at the eleventh hour be placed in the
uncertain predicament to which our correspondent directs at-
tention with respect to it.—Post.