The Sun.
London, England, 1844-11-29 00:00:00

The company dispersed shortly after ten o'clock.

NORTH SHIELDS AND NEWCAS-
TLE AND BERWICK RAILWAYS,
On Tuesday afternoon a meeting of the Proprietors of
the North Shields Railway was held at the office in Pil-
grim-street. Matthew Bell, Esq., M.P., presided. He
called on Mr. Hodson llinde, M.P., to address the meet-
ing. Mr. 11. Ilinde, in moving the first resolution, made
a statement of the arrangements entered into by the Pro-
prietors of the two Companies, the union of which was
contemplated. It was to the following effect :
That, on the opening of the Newcastle and Berwick
Railway, or any part of it, for traffic, the Newcastle and
Berwick, and the Newcastle and North Shields Railways,
shall be amalgamated, and every shareholder in the
Newcastle and North Shields Railway shall hold shares
to the same amount in the united Company as he pre-
viously held in the Newcastle and North Shields Com-
pany, unless he shall exercise the option hereby reserved
to him of disposing of his shares, at par, to the united
Company.

The debts of the Newcastle and North Shields Railway
Cempany shall be considered as the debts of the united
Company, such debts being guaranteed not to exceed the
sum of 150,0001., and no increase to be made to the present
share capital of 150,0001. without the consent of the
Newcastle and Berwick Company.
The Newcastle and Berwick Company to have the
option of calling upon the Newcastle and North Shields
Railway Company to amalgamate with them at any time
previous to the opening of the Newcastle and Berwick
Railway, upon guaranteeing a dividend at the rate of 5/.
per cent. per annum until the opening of such line.
The railway, stations, warehouses, and depots, with
the working stock of the Newcastle and North Shields
Railway, to boeome the property of the united Company,
but the Newcastle and North Shields Railway Company
to be at liberty to dispose of it to any party, all or any of
their surplus lands and houses, in order to reduce their
debt to 150,0001., except as regards the property between
the Newcastle Station and Pilgrim-street, which must be
offered to the Newcastle and Berwick Company at cost
price, before it is offered for sale to any other party.
The Newcastle and North Shields Company to apply
to Parliament, in the next session, for an Act to form a
line from their terminus at North Shields to Tynemouth,
and to form a branch from the Conduit Head to New-
castle Quay.
After the opening of the Newcastle and Berwick line,
the united Company shall have guaranteed to them 5/.
per cent. on the share capital for three years, such gua-
rantee to be given by the Newcastle and Darlington
Railway Company, with the right to the united Company
to require the Newcastle and Darlington Company to
take a lease in perpetuity on the same terms, at the end
of three years.
Mr. SPOOR seconded the resolution, which was carried
unanimously. A series of resolutions for carrying out
the views embodied in the foregoing agreement were
then moved and carried.

Mr. SPOOR, in moving a tote of thanks to Mr. H.
Ilinde, offered a high tribute to the exertions and talents
which he had exhibited in the management of the Com-
pany's affairs.
Mr. JOBLING seconded the motion, the sentiments of
which were corroborated by the Chairman. It was cor-
dially carried.
Mr. Emma returned thanks.
Thanks hayieg been successively voted to the Direc-
tors and to tho Chairman, the meeting broke np.

IMPROVEMENT IN THE IRON TRADE.—It will be
seen by our Stourbridge police report, that the men in
that district, instead of wanting work, have now more
than they are inclined to execute. This and similar
cases are the result of the improved condition of the iron
trade, in every branch of which, with the exception o.f
nailing, the greatest activity prevails ; employment is
pc, le-
ueenetti
ifyu , thean ymoefn
tahreem
aregetting
iron
disposedbett e r wages,to do and,less co n
work.
s
We believe there is not an work in this district
now standing, and the price for iron, of almost every
description, has advanced since the last quarter day,
and has still a tendency upwards.—lVorcestershire
Chronicle.
DEATH Or PROFESSOR. THOMAS HENDERSON.—
We regret to announce the death of Thomas Henderson,
Esq., Professor of Practical Astronomy in the Uni-
versity of Edinburgh, which event took place on Satur-
day morning last. The immediate cause of his death,
we understand, was disease of the heart, the symptoms of
which had latterly been of so serious a nature as to con-
fine him to the house for several weeks. Mr. Henderson
had held the Professorship of Astronomy since 1834—an
office for which he was eminently qualified by his high
I attainments in that department of science.—Edinburgh
Advertiser.