The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1840-11-06 00:00:00

Passengers

Receipts ..
Passengers

LONDON AND CROYDON RAILWAY
[Length of line, 10/ miles. J
For the week ending October 29 :
Receipts
Passengers

LIVERPOOL AND MANCIIESTP.R RAILWAY
[Length of line, 31 miles.]
For the week ending October 23 :—.

Receipts
BIRMINGHAM AND DERBY JUNCTION RAILWAY.
[Length of line, 38i miles.]
For the week ending October 24 :
Receipts

DRTH MIDLAND RAILWAY
[Length of line, 72+ miles.]
ti endinz October 24 :

£2,732 6 5+

dANCHESTER AND BIRMINGHAM RAILWAY.
between Manchester and Stockport.—Goods not yet
carried.l

Traffic for w

72, 1840

£317 11 4

of £63105. 3d. per mile per week

D SOUTH-WESTERN RAILWAY
endingh gclitontl,r77
Lmiles.]
For the weelZ.

Passengers, tl/4(
Goods

£3,718 4 7
634 14 9

£4,352 19 4
BRISTOL AND EXETER RAILWAY.—A special general
. meeting of company was held on Thursday last, at Bris-
tol, to determine on the appropriation of the forfeited shares
James Gibbs, Esq., presided,—The Chairman having briefly'
explained the nature of the business to be brought before the
meeting, Mr. Gutch rose to propose the first resolution, ob-
serving, that from the attention which he had paid to the past
proceedings of the company, he confidently hoped that they
would now go forward as one united, and, he trusted, suc-
cessful body.—The resolution was then put to the meeting
and passed unanimously.—Mr. Carlisle,in referring to the
late meeting of the company, on the subject of the lease, said
that a statement had been circulated that it was the determi-
nation of the directors not to continue to pay 4 per cent. di-
vidend. As one of the directors at the time when this was
discussed, he remembered that it was then strongly urged, as
an argument to small shareholders, who could not live upon
the air, that this dividend should be fixed. He had given the
most direct contradiction to the statement, and he now al-
luded to it only in order that it might receive the same con-
tradiction pub,licly from the chairman.—The Chairman said
there was not the slightest intention on the part of the direc-
tors to alter the rate of interest, unless the shareholders
should order otherwise.—Mr. Carlisle observed that it had
also been asserted that the new shares would not receive the
same rate of interest as the others; and this he had not less
boldly contradicted as absurd. Of the new shares, to be paid
for at £2O. by original shareholders, the interest would be at
the rate of 12 per cent.—The Chairman bad the satisfaction
of stating that the next resolution would meet the question
of Mr. Carlisle.—The second resolution, moved by Mr.
Brown, of Manchester, and seconded by Mr. T. W. Hill,
was then put to the meeting and unanimously adopted.—A
conversation here ensued, in reference to the appropriation of
151 residuary shares, for which numerous applications bad
been already sent in ; but the division could not take place
until the 10th January, as the original shareholders had till
that time to pay up the calls.—ln reply to a question as to
the necessity for future calls, Mr. C. B. Fripp said that they
had now reached the point at which they could borrow. There
was little doubt that money would come in rapidly, especi-
ally on the security the company could offer, backed as it was
by the lease to the Great Western Company i and if so, there
would be but little occasion for calls. The directors certainly
would not make calls if it was not necessary ; at the same
time, it was not the interest of the proprietary to let the work
stand still.—Thanks were then voted to the chairman and di-
rectors, and the meeting separated.—Abndged from the
Bristol Journal.