The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1851-03-25 00:00:00

RAILWAY AFFAIRS.

At the York assizes on Monday, Mr. Wood, a farmer,
obtained a verdict, with damages to the amount of £5OO,
against the Manchester, Sheffield, and Lincoln Railway
Company, for having, through the negligence of the
company's servants, lost both his legs. He was getting
out of a train at Deepcar, when a shock from a " dummy"
knocked him off the step, and he fell with his legs under
the wheels of the train. They were so much injured that
immediate amputation was necessary.
EASTERN COUNTIES RAILWAY.—The adjourned meet-
ing was held on Tuesday, Mr. Joseph Glynn in the chair,
for the purpose of receiving the report of the committee
appointed to inquire into the propriety of adopting a
working agreement with the Eastern Union and Norfolk
Railway Companies, and to transact the remaining busi-
ness of the half-yearly meeting. The report of the com-
mittee, disapproving of the terms of the proposed agree-
ment, was adopted, as was also a supplementary one, stat-
ing that a traffic agreement with the Newmarket Company
would probably be entered into. The report of the direc-
tors was adopted ; but the election of directors not having
terminated at half-past seven o'clock in the evening, the
half-yearly meeting (which was a very tumultuous one)
was again adjourned. Next day, Messrs. Waddington,
Margrave, and Smith, were elected directors by a large
majority. On Thursday, Mr. Waddington was chosen
chairman of the board.
RAILWAY DEVELOPEMENT OF TRAFFIC.—At the half-
yearly meeting of the Chester and Holyhead Railway
Company, on Tuesday last, the chairman (Mr. Peto, M.P.)
instanced a Striking proof of the value of railways in de-
veloping trade. He said that the station-master at Con-
way, last year, observing the unemployed state of the
fishing population of that town, and seeing that a large
quantity of the shell-fish caught on that coast might be
sent into the manufacturing districts, endeavoured to in-
duce the fishermen to turn their attention to the matter,
and, with the approbation of the board, offered a small
sum in furtherance of the object. The result was, that
they were at this moment carrying from the station to
Manchester between 160 and 200 tons of shell-fish
monthly. The catching of those fish employed the
fishermen themselves, while the salting of the fish en-
gaged the services of a large number of the women and
children of the district ; so that, in this instance, they
were not only contributing to the welfare of the commu-
nity, but securing a traffic which yields to the London
and North Western Railway an increase of something
like .Z2uoo per annum.
CHESTER AND HOLYHEAD RAILWAY.—On Tuesday,
the half-yearly meeting of the shareholders took place at
the Euston Station, Mr. S. M. Poo, M.P., in the chair;
and a special meeting was afterwards held, for the purpose
of rescinding a resolution passed at the half-yearly general
meeting held on the 16th of March, 1849, for the creation
of preference shares in the undertaking, which has not
been acted upon, and in the stead thereof to authorise the
creation of other preferential shares ; for giving effect to
the arrangements entered into with the City of Dublin
Steam Company ; and for the transaction of other busi-
ness. At the ordinary meeting, the report of the direc-
tors was adopted, and a motion that 16s. 6d. a share should
be paid on the preference shares, was carried, after a short
discussion. The special general meeting likewise agreed
to a proposal from the directors for the creation of 42,000
preference shares of £9 12s. 6d. each, one to be offered to
the holder of each original share; and the like number of
shares of £2 17s. 6d. each, one to be offered to the holder
of each preference share. These shares to bear a guaran-
teed interest of five per cent. per annum, in perpetuity ;
but such interest is not to commence until the Ist April,
1854 ; the first payment of interest to be made on the Ist
October, 1854. The other proposed arrangements were
sanctioned.