The Sun.
London, England, 1845-11-04 00:00:00

SCOTCH LIN I.S.

DUNDEE AND Psarm—Last week an extraordinary
general meeting was held at Dundee, Lord Kinnaird in the
chair, when the following resolutions were passed unani-
mously :—" That this company do agree to lease the line of
the Scottish North Western and branches, upon the terms
stated in the report of the directors, and do grant authority
to the directors to apply to Parliament in the next sessi< n
for the necessary powers. That the Directors be empowered
to apply to Parliament for an Act or Acts to authorise the
constructi, n of it bridge across the Tay, near to Newburgh,
with accesses thereto, and a waits line of railway from the
bridge to Kinross, in connexion with the Edinburgh at.d
Northern Railway Company, or with anv other company, or
by this company alone, and to raise additional capital VT
that purpose. That the additional capital to be raiell for
the bridge and line to Kinross shall amount to '250,0001., in
shares of 25/. each , that each holdes of one share of the
Dundee and Perth stock shall be entitled to one share of the
new stock, at par, provided that sack holder intimate his desire
to take the same within 14 day from the date of intimation.
That if any of the parties shall decline or fail to accept of his
or their proportion of the new shares within the time' speci-
ed, and to pay any deposit which may be required thereon, •
the right of these parties to such shares shall cease, and the
shares may be disposed of by the Directors in such manner
as they shall think proper. That interest at the rate of four
per cent. per annum be allowed on all calls paid on such
shares after the Act or Acts authorising the fisrmation of the
afore-aid bridge and railway to Kinross shall have pass.al,
until open for traffic."
SCOTTISH GRAND JUNCTION —A meeting of the Provi-
sional Committee was held at Glasgow on Thursday, the
Marquis of Brea'lalbane in the chair, when it was reported
that the Sc ,ttish Western Company had, at a general ineeti
of their Shareholders, tatified the terms adjusted by the
visional Committee of both Companies, by which it was agrk
that the Grand Junction Company alone should proceed, and
the Western should retire; that the Shareholders of the latter
should be paid out with ss. premium, or have the option of
taking an interest to the extent of one-half their shares in
the Grand Junction; and that the whole expenses of the
Western should be paid by the Junction, who would
acquire right to their whole survey, notices, and papers. The
report further bore, that by the ratification of this arrange-
ment, the Grand Junction Company would now go to Par-
liament as an unopposed line, having the consent of all the
landowners and others interested. The report was unani-
mously approved of. The allocation committee reported that
they had concluded their labours, but were unable to issue
letters of allocation until the important arrangement with
the other company was completed, and they would issue
notices of the allocation as soon as the option of the Western
shareholders was intimated. The meeting then proceeded to
appoint a committee of management, with full power to fol-
low out the purposes of the undertaking, and to see the Par
' liamentary plans duly lodged in terms of the standing orders,
and a petition for a Bill presented at the first meeting of Par-
liament. The chairman then briefly poin'ted out the impor-
tant objects of this Company, to afford a continued railway
communication from England- and the south-east and west
of Scotland to the West Highlands, and also to
the North Highlands, embracing the routes of
the principal traffi; in cattle, merchandise, and
passengers ; and he called the attention of the
provisional committee to a scheme brought forward since
the f •rmation of this Company, for making a railway direct
from Inverness to Fort William, along the line of the Cale-
donian Canal, with which he showed the Grand Junction
could make a most convenient connexion near Fort William,
whereby this line would secure the whole north and south
direct traffic, besides benefiting Fort William and other places
in the district to be traversed.
GLASGOW, PATRICK, AND DUMBARTON.—The surveys are
proceeding, and the Parliamentary preliminaries are in a state
of forwardness.

LANARK, STIRLING, AND CLACKSIANNAN.—The committee
intimate that such progress has been wade with the eurvvys
as to leave no doubt of submitting next session the most con.-
plete system of direct railway communication between Glas•
gow and Stirling, and Altos. The notices embrace the con-
struction of a bridge across the Forth at Alloa, for the erec-
tion of which the levels of the railway are suitable.