The Sun.
London, England, 1845-08-20 00:00:00

AND BLACKWALL

The RAIL WAY COMPANY.
half-yearly general meeting of the Proprietors of
~,railway wee held yesterday, at the London Tavern,
,f+ . Daniell, Esq. in the chair.
lead, he advertisement convening the meeting having been
trl;he SECRETARY (Mr. J. F. Kennell) read the report,
°' which it appears that a dividend of two shillings
rI share, clear of income-tax,
is recommended. The
reetors (Awry
ills The amount which is available for a dividend, al-
-4:llgh not considerable, is satisfactory, when it issre-
leatitb7ed that this ie the first time in
,which a sufficient
elar_ , "as been realised, to enable a oividend to be de-
htii2o On the worst hail' of the year, and the Directors
ta,T that it an earnest., that no future half-yearly
I,li „..7:g will occur without a larger. amount being ap-
)(sue: le the same purpose, independently of the ad -
1,4,75e,s winch must emanate from the various measures
are in presress for the benefit of this Company.
Ills \Y" regard to the extension line to Old Ford,
~11.ireetors have much pleasure in reporting, that
the !Ist!' fur the exteusitm frem the Stepney station of
its('iltslackivall Railway, to `join the :.astern Couuties
Sill l''saY at Old Ford, received the royal assent on the
14st,„"stmlts Nleasures, therefore, will be immediately
the to allot the shares in this extension line amongst
Istortpistered Proprieters in trio Blackwell Railway,
to th ling to the plan recommended in the report made
aoleo Pr^Prietors or, the 29th ultimo, and the Directors
s se
us time in arranging for the commencement
rilePePtly cornpletion of the works."
os the Cewlaier said he congratulated the Proprietors
8. IIA
i',4l.e4;.sing prospect presented by the report, show-
vreees• Jul a decided improvement over the returns of
tot 1g half-years. He trusted this prosperity would
ld be perreanent but increasing, and while he
the r'"t affirm that such would actually be
e de4's, he saw no reason fur entertaining
lart '4114 but that the value of this pro-
Y wlie ould materially and speedily be enhanced.
)ilyWas happy to inform them that they had satisfacto-
siett%orked with the boats with which they were con-
; 4'4 le took the opportunity of saying that,
offs,,tlt. the slightest reserve, equal terms had been
k)se to all boat companies absolutely and positively.
lehea-1,1,3ny had unhappily opposed them, and sought
wielts,,ftherent from those accorded other parties ; he
14.4,14 :therefore, as much misrepresentation had. been
eatich misapprehension existed in the minds of
4'14 in'''to make this unequivocal declaration. The next
rentsto h lie wished to advert was the junction with
the Counties, the details of which would be referred
rellB,,,e4gineers of each, viz.., Messrs. Locke and Ste-
Ilea,`' Ile trusted that, if successfully carried out,
12',412ents would be effected for adopting cheap fares
kof,°" oe:cornreodation. The cortrersion of the debt
`lee d capital would in future be a prominent fea-
the Prosperous conduct of the Company, although
ISetssesellt it die not show any result in the report now
%teskd• When, then, all these arrangements were
I',tied, and the Epping line brought to bear, he
Thee, s'4t°,l., though he would not pledge himself to
"q' paten,
his hopes, but he confidently
101,0 3 utOTI of
be a
„' Lhat their shares woul I yet rise to par, and
w`veutuelly exceed it. With these few observations
kotin°,44l. conclude by moving that the report and
as read, be reeciveds confirmed, and adopted.
41: 'bac seconded the resolution.
Cass said that as many partica were present who
`'hah•
,°riginal subscribers he wished to know what the
he tail meant by par?
4
%rsidrlainerea; replied that 161. 13s. 4d. was to be
k.es• k'ASII as par.
y remarked that the expenses of the Corn-
• aslvere
e Will very great. Their income was 29,0001.
d' °II the expenditure no less than 25,0001. He
4144,s'I'ous of asking, therefore, whether no better
4 'S6eould be adopted than that of the wire-rope?
,4joe estairtetaze assured the meeting that the ques-
•Qlsd"%d received the most anxious consideration at the
g
!Oees °f the Directors, and a doubt did exist as to the
btea.ka°ritY of the present means of traction. Frequent
had caused a very great expense to be in-
s, fors.' "d when the arrangements, now in abeyance,
14tea-utog connexions with other companies were corn-
kir 's it would be desirable that a system should be
fOr 'nuking a uniform means of communication
all the lines.
ntr.s.'"°wateic would take the opportunity of stating
Nes",s4reat many methods of locomotion had been
I,oe',""e consideration of the Directory. The atmo!-
Itlets,-„Prineiple had not escaped their attention ; but in
, °f such gravity, an.i involving the incurrence
,xpEnse, A was necessary that every precaution
'N't.4"ence shou!cl be observed before pledging them-
ihle to adept a new and permanent means of traction.
i7sessr'• W. HARVEY said he was aware that great
tlas—r4euce was often entailed on boards of directors
4114-11tladvised intermedding of proprietors. Never-
it Was no less incumbent upon shareholders to
thee;.,est to directors any course which might conduce to
t;vil:4°,3Perity of a company, or avert an apprehended
111,teet; was for this reason that, while repelling every
:to ,flu° of impugning either the ability or conduct of
I_l4;l'esent Board, and while avowing, on the con-
*4,_V it, that touch new life and talent had of
fTe'n introduced into the Directory, he wished
'%11• °'lr One or two observations on matters
Ced with their prosperity. As to the London and
bwall Railway, beginning at Fenehurch-street and
g 4,4lstiller at Blackwell, the project was borne down
ind °oorinous expenditure • and though the Chairman
kl4ad ere say many of the proprietors were so san-
,4oi to anticipate that secondary capabilities were
,to enhance the value of their property, he
N't,.',;_t that the most sanguine could scarcely
',stet that the projects now in contemplation would
4,'45e,1111/' very miraculous change in the price of their
th,' or the amount of their dividend. With respect
'.,,.'lat;,..nloction between the Blackwell Company and the
'4t5.,41 Counties it would be in the recollection of the
ef`g that some time since that ccurse had been. pro-
iitotsk re'ec,ed by the Directors. He did not wish to
;411,4'1137 blja'sn' upon them for their rsfusal; "better late
dap
'„''ve" was an old proverb, and he was only glad
rov ;14° at this period the measure had been ap-
;kll4; and adopted. He regarded it as a most ex..-
Ites; juaction, but to secure its success the Di-
sql.tjt)f both Companies must preserve a cordial and
j~elened co eiperation : otherwise their endeavours
, 11,- us frustrated, and their money laid out uselessly.
%t ''/vever, the Blackwell Company persisted in striking
:41_°Jeets into South Essex, they would interfere with
',-'ha,.,4tern Counties Company most seriously, while the
e-he would not only be useless but pernicious. He made
•'servation, but if at a future period opposition should
he ilisned against the project, it might be said, that
k-gtiltler holders of the Eastern Counties Company being
L'lsits,' to attend, and actually present, had heard the pre-
thellB oh the Blackwell Company, and remained silent
th~rQ‘i,"Ereity was proceeding to address the meeting on
t%
4.`est.on of the South Essex line, when he was
td
eIIAIRMAN, who said that the question before
il bY—
• ee,,ting was not the propriety of the Essex scheme,
ji.,-;1,,,,-!14 quite independent from the interests of the
'Nes " Company, and therefore its introduction was
ekr.:llt
and irregular.
481 °JUR WILSON inquired if, then, as a company,_
1111,4Avvall Railway repudiated the South Essex line ?
'°ess'ttaritalate said, as a company most distinctly,
„41,,7 out as independent parties.
.'"oartolution for the adoption of the report and
was the n ut and carried unanimously.
Itt °C P '
AIRMAN then moved the second resolution, to
c'fi4 et
R that a dividend of two shillings per share, clear
„,41,1314„40 tax, should be declared.
.I"trie.,fl.44G seconded the motion, which was also car-
I), A Om. con.
h-latttOLEß inquired whether the promoters of
rt°ttsru and Blackwell would be prepared to apply
h_131)1 'Extension,
next session for powers to carry out the
.gdatension, in case the Eastern Counties Coin-
, th,-Ilecting to do so.
Ming"IAIRMAN explained ; shortly after which the
separated.

0441/,-SDAY NIGHTS GAZETTE.
ofil &,- ‘.(izette of this evening contains notice from
thL4,-.4ker, that he will issue his warranta to the Clerk
tlt
S." `jr°wn to make out a new writ fur the borough
'kit"
E l'. rk, in the room of the late Benjamin
NI,
Ole DOWNING-STREET, AUG. 18.
jtkr, Queen has been pleased to appoint Lawrence
'1.110:1 Esq., Major in the aro my, to lai, Lieutenant-Go-
- of the island of Tobag.
t,
'Il CROWN -OFFICE, AUG•
19.
lts R TURNED TO SERVE IN. THIS PRESENT
idlo,
PARLIAMENT. .
.4
fv-"01 of Cirencester—William Cripps, Esq., one of
clitirj„l.4' Commissioners of her Majesty's TrEesas.o ry.
of the
;Y of ^h of Suuderlaad—George Hudson,
It'(hCox„'prk, and an Alderman of the same city,q in the
Iltet, Lo Right Hon. Henry Grey, commonly called
°F 1"-1411t Howiek, now Earl Grey, call_d up to the House
toi''ers.
1 W4lshiuns by the Lord-Lieutenant of Somersetshire.lr
Cor-
-1 ,T -I" totterset Regiment of Yeomanry Cava y
t1454' 'V.III"°A, t be Lieutenant, vice Ba.rnaßrd,mp,aroe-
%(')l;teTlS-,Genoergoe, Gent., to be Cornet, vice r,
_,
l'4'llotea , C. Adams, Gent., to be Cornet, vice Capel,
-1)14,4 ~ Aug. 12.
tW 11'1ions1:- the Lord-Lieutenant of
ilWarwickshire.—
et -,14. weltshirejltegiment of Yeomanry Cava ry
;Co_re.
'l,rtsa-',.4,1t0ri to be Captain, vice King, promoteda R
- re-
4itti 'lent to be Lieutenant, vice Greenw y ,
ll'itijit.lb; -ornei Lord Fielding to b. e Lieutenant, vice
'' r, •
4 1.1,.', (-signed ; R. J. Atty, Gent., to be Cornet,
, resigned, Aug. 13.
AI BANKRUPTCY ENLARGED.
t' ''Xan i
islib,„ Ler Jamieson and John Smith, underwriters,
rlate-street Within, Dec. 2.
Fr •
BANKRUPTS.
'tte 'llel-3 Jackson , l' licensed victualler, Marylebone-
quldeu.,
t? , iteensurrender, Aug. 30, and Sept.
nei,;i at '3lle, at gthaereCouort of Bankruptcy. Whitmore,
-11144:14,48ig"ee, Basinghall• street ; Sherreff, Lincoln's-
and
Ilk', "8'
4ril WI,-
II S.ent , lte, surgeon, Portsmouth, Aug. 29, at. two,
NW' • -.6, at twelve, at the Court of Bankruptcy.
t Jal, Itie, New Inn, Strand
`'irles "lust) PowellL, p. othecarv, Chiswell-street,
()Ile, tiiiir, Aug, 26, at lialar=past eleven, and Oct.. 2, as_t
tinge
they`ju,rt of Bankrupt-y.
,Belcher, official a
'lclin , "ng e Arms-yard ; Jerwood, Walbrook-
k R', Cu
. 1,
'ti,lkte.‘ ".kwiek, builder, Harpur-street, Red Lion-
,t,- 're, ())I,,,'lci'l
tg, •
_28,611 at t w u and St: 30, at one, at
Zatoileer4k,s
piatSce, liurulyi tc3.7,..wr; Edwards, official assignee,
Jewry Lake, Wilkinson, and
CID ,'w-square Lincoln's lan.
o''%-",leatnal),,a_nae.3, 'paper stainer,. Liverpool, Sept. 5, at
l'.,`-' !. Ilif,"Pt 19,. .at twelve, at Or,. Liverpool District
"1.1411,,aps r official assignee, Liverpool Walker,
bt;',:t_tlkh it,".',. London ; Bradley, Liverpool.
'7, _.4,7itilinson, cotton manufacturer, Almond-
Ft, 2 and 25, at eleven, at tia