The Sun.
London, England, 1842-06-02 00:00:00

which the arrangement entered into betty. 'en this
Company and the Brighton Company was at the
present time. No accounts had yet. been furnish. he
believed, by that Company ; and he was desiroushof k ,ioW-
ing if the Brighton Company meant to afford then.. an
explicit state of accounts, by which they might ascerta.'n
what the sum to be paid to the Proprietors of the Brightoa'
line was for the use whtch they (South Eastern Company)
made of their line. Ile wished also to be made acquainted
with the peculiar advantage relative to tolls to be derived
from the extension of their line. Would the tolls be
thereby decreased ? With regard to the financial state-
ment of the Report, he thought it fair and explicit.
However, it appeared there had been two loans, amouht-
ing, together, to 73,41.51., and he saw charged for
interest only a sum of 3671. 13s. 6d. On what sum was
that amount charged as interest ? Certainly it was de-
sirable to know that.

The CHAIRMAN said, that that was a sum due for
interest up to January last,.but he could not then exactly
state upon what particular sum it was charged as interest.
Their fiinds had been not in the most flourishing
state, and they had been obliged to borrow sums
' for small periods of time,—even for a few weeks.
The Brighton Company had not yet furnished their
account, but when they had, all doubt and difficulty on
that point would he removed. With-respect to the tolls,
those to Croydon were lid., and to Greenwich
A desultory conversation between Mr. Wishaw and
the Chairman here ensued, relative to the Grange ter-
minus and the London Bridge terminus, in the course
of which the Chairman observed that the Grange-road
terminus' would forthe present answer all the purposes of
a West-end terminus, and that there was no intention of
abandoning the London-Bridge terminus, as it was a
station as necessary fur the City aa•the other one was for
the West-end. - •
Mr. WlsuAw expressed himself perfectly satisfied
with what had Wien from the Chairman, and
stated, while he considered it no-more than his duty to
put those questions, his conviction that no Company in
the Metropolis contained to a greater extent than the
South Eastern the seeds of future prosperity and success.
Mr. Pausoes thought that the Chairman was in error
in supposing that the line from Croydon to the proposed
terminus. at the Bricklayers' Arms would be twelve or
thirteen miles. For his own part, lie did not think it
would exceed nine miles. The railway to that terminus
would have to be carried either by means of an embank-
ment, or arches. lie thought. they ought to have some
details of the cost of such a hoe, and some statement
with respect to the probable profits. They ought to
:have some statement of that sort before they incurred an •
outlay which would necessarily be costly, considering
the property thiciugh which the line would have to run.
• The CHAIRMAN said that, at. the last meeting, he had
stated he should be greatly neglecting his duty if he did
not hold out the opinion that they must have another
station. his opinion remained unchanged, and be
thought it would answer the purposes of the Company to
make that station, even. if afterwards they had to
abandon it, when a new line was. established, because be
believed that no new line would be established in time
fOr them. • He believed, if they depended on the station
at London-bridge alone, hey would get into the greatest
eon fusion. The Board were titianituvs in their opinion
of the soundness of the station proposed.
Mr. CUBITT had not made any estimate of the cost of
carrying the terminus to the Bricklayers' Arms. Ile
had formerly made an estimate of two termini—one at
the Elephant and Castle, for Croydon, which he es-
timated at 650,0001., and another, from the Dartmouth
Arms to the Obelisk in St. George's-fields, at 400,0001. ;
but those estimates he was now convinced were in-
adequate. He believed that the cost from Croydon to
the Bricklayers' Arms would be about 1,200,0001. He
was of opinion that it was impossible to carry on three
lines- at the London-bridge Station. He thought that
the pro-posed terminus would be a great benefit. With
respect to his not having made a detailed report, he
begged to say that that would' be done when every item
of expense was ready for posting.
Mr. PARSONS admitted that the excess of the esti-
mates of Mr. Cubitt was not so great as in many other
cases. The details that had already-been given were
'-highly creditable to the engineer.
Mr. CUBITT could assure the Proprietors that, as soon
as the engineers could be taken from their different
labours, every account that could be desired would be
given.
Mr. IIILLYARD expressed his full confidence in the
measure of the Directors, as it had the full approbation
of the' whole body. lie most willingly surrendered his
judgment to their's, believing that, in so doing, he was
best consulting his own interest. He thought they had
showieit due regard to economy in all their proceedings.
Alter a short discussion on the maximum toll, in
which Mr. Wilkinson and Mr. Persons joined, and in
which the Grange-road Station was referred to,
The CHAIRMAN said, that if they had waited to see
how • the traffic would develope itself, they would never
have had the station at all. Ile was so satisfied of the
good policy of the measure, that be had offered his
brother Directors to take it on his own responsibility.
With regard to the Croydon Railway, he thought every
transaction with that Company had been in perfect good-
faith, and very satisfactory.
In answer to a question from Mr. TYRRELL,
The CHAIRMAN explained that each Company paid fur
six miles out of the twelve. In reply to another question,
he stated his full and perfect confidence in the remune-
rative prospects of the Company.
On the motion for receiving the Report being put,
Mr. PansoNs asked, whether the adoption of the
Report would pledge the Proprietary to the Grange-
road plan ?
The CHAIRMAN assured the meeting that no attempt
should be made to carry the plan by :a side-wind, but
that a distinct resolution on the question shoul I be laid
before them. This appeared to be 'Perfectly
satisfac-
tory to the meeting. -
The Report was then put and adopted.
The CHAIRMAN proposed the following resolution :--
"That the Directors be and are hereby authorised to
adopt such measures as they, in their judgment, shall
think proper with reference to the Grange-road sp-
preach, mentioned in the Report this day submitted to
the Proprietors."
The DEPUTY CHAIRMAN seconded the resolution.

Mr. RamoNs inquired to what that resolution pledged
the Proprietors ?
The CHAIRMAN said, that it would leave to the Pro-
prietors the power of making either a common road or
a railroad, as they might deem best.
Mr. PARSONS observed, that in that case he objeeted
to the resolution.

After a few words from Mr. Barnard, Mr. Salomans
and Mr. Tyrrell, the Chairman again read the resolu•
tion, when •
A PROPRIETOR inquired if it would require any addi-
tion to the capital to make the am-Teich referred to.
The CHAIRMAN replied in the negative. Whatever
expense might be required for the Grange-rcOd
proach they had sufficient funds to meet it.
Mr. PARSONS suggested, that if they did anything in
this matter, it should be merely to authorise the Directors
to obtain possession of the land requisite for the ap-
proach, without empowering them to construct any-
thing on it, but a common road.
SALOMANS thought, if the Directors would under-
lake to do nothing but purchase the bind for the ap-
proach, the resolution might be agreed to.
The CHAIRMAN said, on behalf of his brother Directors
and himself, he would give that undertaking.
The resolution was then agreed to.
The three Directors that went out by rotation were
re-elected.

r. PARSONS suggested that some alteration should be
made in the mode of electing Directors, by which the
Proprietors would have a greater voice in the election.
He knew that, in Liverpool especially, the present mode
of election had given great dissatisfaction.
. The CHAIRMAN said that, to effect such an object, they
must'repeal their Act of Parliament.
On the question that the Bye -laws should be agreed to,
A PROPRIETOR inquired, whether they intended to
lock up the passengers ?—(Hear.)
The CHAlRblAN—Certainly not.—(Cheers.)
A PROPRIETOR wished to know why the Sunday trains
had been. discontinued ?

The CHAIRMAN said that, at his st :luestion, they had been
discontinued, because he did not thuik-them necessary or
beneficial to the Company. If, however, it was found
necessary, the Sunday trains would be re-established, the
same'as on other railways.
Mr. lins.yean believed that the discontinuing the
Sunday trains was not only calculated to give great dis-
satisfaction to the publie,iput great lose to the Company.
He contended that running trains on Sunday was neces-
sary to give the public a just idea of their traffic. He
hoped the Board would reconsider this question, and that
they would establish a Sunday train to Tunbridge.
The CRAIRMA.N was satisfiedwith the general feeling of
the meeting, and at the next ]heard he would view the
question in the manner they wished.
In answer to a question from Mr. PARSONS,
The CHAIRMAN • stated that such limits were pet to
the free passes that no abuse could possiblyficcur. The
Directors went free, but no friends of the Directors, not
even the contractors' men, were allowed to pass free.
Some conversation took place as to the manner in
which the shares had beendisposed of during which the
Chairman stated, that the Directors could not have
arranged the matter in any other manner.
Mr. SALOMANS thought that the Proprietors ouOtt
not to let the present opportunity pass without toting
them their thanks for the perseverance and ability they
displayed in bringing the affairs of the Company to a
state that enabled them to open the line on to Tunbridge.
He would propose, then, that the thanks of the Proprietors
be given to the Chairman and Directors, on the grounds
which he had mentioned.
Mr. PARSONS seconded Vie motion which was put
and carried unanimously.
The CHAIRMAN, on the part of hiinself and coleagues,
acknowledged the compliment, and the meeting separated.

bet •
...ALAUMING triprning, etn
two and three o'clock, a fire broke out at the dwelling-house of
Nlr. Butler, flock-manufacturer, No. lb, Montagu-street.
W h ited la pel . The fire was got under, but not before that
portion of the house where the fire originated was much da-
inaged, and a great quantity of furniture destroyed. Mr. But-
ler if: nsured.—A bout half-past one o'clock on Monday afternoon
a fire broke out on the premises of Mr. Kays, baker, 161,
lligh-street, Ratcliffe. The fire was subdued, but not until
a quantity of the furniture was totally consumed, and the lower
of the premises much injured. Mr. Kays is unfortunately
not insured.—On Sunday night, between nine and ten o'clock,
a fire broke out at the residence of Mrs. Kingsley, a lady of
property, nearly opposite the College at Dulwich. Furniture
to the value of about 100/. was destroyed, and the handsome
rooms where the fire originated much injured. Mrs. Kingsley
is insured.
the number of ships of all nations that passed the
Sound in the month of April was'—from the North Sea, 789;
from the Baltic, 478—in all, 1,267 ;
.of these there were 242
English, nairslY, front the North Sea, 216; from the Baltic, 26.
PLTkOrTIT, 'regret to learn tbgt-
General Murray. the Commander-in. Chief of the district,
was taken ill at a private dinner party given byi.Aclrnisal air
David Milne, and was obligeal to -leave it nine o'clock for bio
ow4l ;psitiegcc, •

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