The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1841-02-26 00:00:00

CLARENDON HOTEL, LIVERPOOL

MO he LET, for a term of ten years, with immediate pos.
sion, that unique and complete Establishment, called
the CLARENDON HOTEL, situate in Newington, and
adjoining to Bold-street, the principal thoroughfare and most
fashionable resort in the port of Liverpool. This splendid
Hotel, which is not to be surpassed for comfort and conve-
niences of every kind by any house of the same scale out of
London, has lately been fitted up at a great expense, and in
the first style of elegance, for the express accommodation of
the Nobility and Gentry, and their Families, visiting this
justly-celebrated town, which is still daily rising in impor-
tance and increasing in magnitude and population, and forms
the centre of communication with the Metropolis of the
United Kingdom, from Ireland and Scotland, America and
the East and West Indies, and, in short, it may be truly
said, with alinost all parts of the world.

The Establishment contains a handsome Coffee-room, four
Private Sitting-rooms, and 14 principal Bedrooms, besides
Dressing-rooms, Attics, and Servants'-rooms, and is capable
of making up altogether about 31 Beds ; and the Apartments
are most judiciously arranged, en mile, for the convenience
of Families. There is also a handsome Vestibule or En-
trance-hall, a large Bar, a separate Smoking-room, and
spacious Cellars, besides ater-closets, Kitchens, Servants'-
hall, Washhouse, Laundry, and other conveniences ; and the
whole of the House (with the exception of the Private Sit-
ting-rooms and Bedrooms, but including the Cellars) is
lighted with Gas ; and it has the additional advantage of a
large airy Garden, about 50 yards square, at the back of the
premises.
The elegant Furniture, Tenant's Fixtures, and Stock of
Wines and Spirits (which are of the first quality), to be taken
at a valuation ; but the incoming Tenant will not have occa-
sion to lay out a shilling on any other part of the Premises,
which may be fairly described as being in a state of complete

repair.
N.B. The House will continue open for the reception of
Company, with the same regard to comfort and convenience,
in every respect, as heretofore, until the same shall be dis-
posed of.
For further particulars apply to Messrs. GADSDEN and
FLOWER, Solicitors, Fnrnival's-inn, London : or to Messrs,
E. RAE and SONS, Merchants, South John-street ; Mr.
GEORGE SMITH, 27, Bold-street ; or Mr. J. HOWARD, So-
licitor, Drury-lane, Liverpool.

SHEFFIELD, ASHTON-UNDER-LYNE, AND MAN-
CHESTER RAILWAY.
REPORT TO THE GENERAL MEETING,
17th February, 1841.
TAURING the ,tiele whigh,. has elapsed since the General
Meeting in August, the' Directors have been actively
engaged in forwarding the execution of the works then an-
nounced as contracted for, which, with the Etherow Viaduct,
now also under contract, completes the letting to Glossop.
Although extending over only eleven miles on the rails,
these works contain more than one-half of the earthwork of
the whole line, and the contractors are proceeding rapidly
with them, for the purpose of opening about eight miles to
the crossing of the Hyde and Mottram Turnpike Road in
September next, (which will accommodate the traffic of
Mottram, Godley, Hyde, Newton, Dukinfield, Stalybridge,
and Ashton,) and the remainder of the line to Glossop in
the spring of 1842. The tunnel works are steadily and satis-
factorily progressing, details of which, and of the state of
the whole of the works under contract, will be found in the
Report of the Engineer.
The directors being anxious to give full information to the
shareholders upon all matters connected with this underta-
king, have caused an account to be taken by competent per-
sons of the present traffic between Manchester and Glossop,
and the intermediate places, and, after careful revision, they
have much pleasure in laying an abstract of it before the
meeting. In this statement they have excluded all traffic of
a doubtful character, such as the goods traffic of Ashton,
Staleybridge, Dukinfield, Godley, Newton, Hyde, and Shef-
field, the greater portion, if not the whole, of which must
ultimately come upon the line.
On the 31st of December, 1810, the outlay amounted to
£168,077 13s. 64d., as shewn in the annexed abstract of ac-
counts. For the completion of the contracts to Glossop,
tunnel works, management, payment for the purchase of
land, the Manchester station, and all incidental expenses, a
further sum of £318,020 is estimated to be required ; making
the total outlay on the Ist of May, 1842, £486,097 13s. 61d.
From that part of the line from Manchester to Glossop, then
ready for opening, a net annual income of £31,914 2s. 4d.
may be safely calculated upon, which will yield a profit of
61 per cent. per annum upon the whole expenditure then
incurred ; and it must not be forgotten that in this sum is
included nearly £lBO,OOO paid on account, and forming a
part of the estimated cost of the whole line.
The directors have frequently discussed the question of
commencing the eastern division of the line. They are con-
vinced that a very large thorough traffic would be com-
manded by the completion of the works on both sides of the
tunnel, and, until that was opened, running coaches over the
Summit Ridge ; but the contracts already entered into have
absorbed, and required even more, than the whole of their
available funds.
The directors cannot omit to congratulate the shareholders
upon the successful termination of the legal proceedings, by
the decision of the Court of Exchequer, in favour of the
company upon all the points raised at the trial of the actions
at the Liverpool Assizes. There is little doubt that many
wealthy shareholders, not parties to those actions, held back
the amount due from them awaiting their decision. This,
combined with the large amount owing by the parties against
whom actions had been brought, and the commercial de-
pression of the country, compelled the directors to exact
from the shareholders who had the means, and the inclina-
tion to pay, frequent and heavy calls ; and they assure those
shareholders that they did this with great reluctance, and
that prompt and vigorous measures will now be adopted for
obtaining payment of all recoverable arrears.
Desirous of acquiring a thorough knowledge of the proprie-
tary, the directors have carefully examined the share list,
and concluded to recommend for forfeiture 219 shares, upon
which an average of £9 14s. 11d. per share has been paid.
To the holders of these shares the requisite notices have been
given, and it remains with the meeting to determine upon
confirming their forfeiture.
The investigation of the share list is a work of considerable
time and labour; but the directors feel confident than when
it is effectually weeded there will remain a sound and re-
sponsible proprietary, fully equal to carry so large a portion
of the line into profitable operation, as will enable the com-
pany to avail itself of the clause in its act of parliament which
empowers it to obtain money on loan, and thus afford relief
to the shareholders in the payment of future calls ; and that
eventually the doubtful shares will get into such hands as
will ensure the successful completion of this great national
undertaking.

ABSTRACT OF TRAFFIC.
Present passenger traffic between
Manchester and Glossop and
the intermediate places £21,122 8 0
Prospective traffic, ditto
£42,244 16 0
Present traffic in general merchandise and coal 10,932 1 1

53,176 17 1
21,270 14 9

Deduct 40 per cent. expenses of working

Estimated annual profit.

£31,906 2 4

ABSTRACT OF ACCOUNTS.
December 31, 1840. ' £ s. d.
To eash received for the deposit
To amount on Ist call of £2 10 per share 13,920 0 0
To „ 2d call of £2 10 per share 11,837 10 0
To „ 3d call of X 5 0 per share 20,795 0 0
To „ 4th call of £5 0 per share 18,040 0 0
To „ sth call of £lO 0 per share 31,645 0 0
To „ 6th call of £5 0 per share 12,605 0 0
To ~ 7th call of £lO 0 per share 17,010 0 0
To „ calls in advance
To ~ account of calls
To ~ for rents
~for interest
T 02,964 17 0

To deductions and allowances
To balance due to bankers

162 5 0
4,283 5 8

£173,522 13 61

s. d. s. d

December 31st, 1840.
By law charges, including the ex-
penses of obtaining the act, viz.,
traffic taking, serving notices
on owners and occupiers of
land, and expenSes of witnesses
and deputations to London,
parliamentaryagency, counsel's
fees, printing, &c. to June,
1840
Ditto, to December....
By (mgineeringand surveying, in-