The Sun.
London, England, 1845-11-28 00:00:00

GLASGOW, Nov. 26.

STOCK E±catriGE.—The sales are—Airdrie and Bathgate,
58s. —Ayr and Galloway, 40—British and Irish Union, 60s.
—Caledonian Extension, 58s.—Caledonian and Ayrshire
Junction, 39s.—Caledonian Direct Northern, 495. —Cornwall
and Devon Central, 40s.—Dundee and Forfar Junction, 455.
Edindburgh, Glasgow, and Dumbarton, 21s. 6d.—Forth
and Clyde Junction, 45s.—Glasgow General Terminus, 93A—
Glasgow and Belfast Union, 475. 6d.—Glasgow, Kilmarnock,
and Ayr, 68%—Ditto, New, 18—Glasgow, Dumfries and
Carlisle, 50s.—Glasgow, Kilinarnock, and Ardrossan, 314—
Glasgow and Dundee Junction, 475. 6d.—Great North and
South Wales, 12s. 6d.—Lanark and Lothians, 2/. 17s.—
Lanarkshire and Galloway Junction, 2s. 6d. p.—Larne, Bel-
fast, and Ballymena, 388.—Lesmahagow, 60s.—Perth and In-
verness, 35s.—Scottish North Western, 40s.—South Unions
and Potteries, 325. 6d.—Stirling and Dunfermline, 475. 6d.

DORKING, BRIGHTON, AND
ARUNDEL ATMOSPHERIC RAILWAY.

The following circular, announcing that the allotment of
shares has taken place, has been issued by the Secretary of
the above Company to each individual shareholder :

Adelaide Hotel, London-bridge, Nov. 25, 1845.
Sir,—ln transmitting to you a letter of allotment of shares in
this Company, I am desired to inform you that the Committee
of Management have forborne to issue the same until they
should have the gratification of being able to announce that
not only the shares of the Managing Directors, and the Pro-
visional Committee of this important undertaking had been
duly taken up, and the deposits paid to the bankers of the
Company, but that the plans, sections, reference books, and
every other requisite document, were in a.perfect state for de-
posit, in conformity with the standing orders of both Houses
of Parliament, and which the Committee have now great sa-

tisfaction in being able to state is in every respect the case.
It is also gratifying to the Committee to state that the de-
posits upon upwards of 5,000 shares so taken, have been
promptly paid to the bankers of the Company, and that they
feel assured the deposit upon a still greater number of shares,
which have been allotted to their immediate friends, will be
paid with similar promptitude upon receipt of their letters of
allotment.

It cannot be otherwise than satisfactory for the Share-
holders to know that the most eminent Engineers are de-
cidedly of opinion that this route embraces, more than any
other, the natural advantages of the country, as well as to
find that it meets with the general concurrence and active
support of the principal landowners of the district.
The Committee feel it due to themselves to state that they
were so satisfied of the utility and prospective advantages of
the measure that they did not hesitate to encounter the en-
gagements essential to the bringing the plan to its present
state of maturity, and to defer any call upon the Shareholders
until they were in a condition to make this gratifying an-
nouncement.

The Committee engage that a greater expense than 7s. 6d.
per share shall not be incurred, without the sanction of the
Shareholders expressed at a meeting to be convened for that
purpose. (By order of of the Board),
I am, Sir, your very obedient servant,
R. FURNER, Sec. pro tem.

It would be well that the example set by the managing
body of this Company were generally followed, if in any in-
stance the shares of the Managing Directors and Provisional
Committee-men were taken up, and the deposit paid, and
the plans and sections ready for Parliament, before any allot-
ment of shares took place. It would give the public such a
guarantee of the bond fides of the projectors, that the forma-
tion of a bubble company would be impossible. Confidence
begets confidence ; and the Managing Directors and Com-
mittee having so nobly done their duty, we are glad to find
that the shareholders are doing theirs. Deposits upon 5,000
shares have already been paid at the bankers; and it is the
duty of every honest applicant for shares to pay his deposit im-
mediately on the receipt of his letter of allotment, so that no
unnecessary delay may take place in going before Parlia-
ment. We will not go into the question of the merits of the
line, but the example set by the Managing Directors and
Committee is so excellent, that we feel bound to call upon
others to follow it.

DREADFUL EXPLOSION AT THE