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HAVERFORDWEST TOWNI COUNCIL.

rYHITLAND AND CARDIGAN RAILWAY…

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rYHITLAND AND CARDIGAN RAILWAY COMPANY. The ordinary half-yearly general meeting of S ;he proprietors of the Whitland and Cardigan h Railway was held at the Yelverton Arms Hotel, t Whitland, Mr John Owen, the chairman of the c lirectors, presiding. r The report of the directors stated that the t gross receipts compared favourably with the c corresponding period of last year. The expen- c liture showed an excess on what it was for the r corresponding period of last year, and this is 1 accounted for principally in the permanent way i materials for maintaining the line. The bal- ance, £ 953 12s 8d, they were able to carry to ( the Net Revenue Account. This reduces the 1 adverse balance under that head to JE254 11s od. The statement of accounts showed that during the half year ended December 31, 1882, there were 326 first class, 1,279 second class, 13,559 third class, and 5,484 Parliamentary passengers ■ carried over the line, the receipts from that source being £1,137 10s 3d: the receipts from the merchandise and mineral traffic (less for col- lection and delivery) were £1,336 5s 8d. The total receipts from all sources for the half year amounted tojEl,942 10s, leaving a balance of JE953 12s 8d to be carried to the Net Revenue Account. The balance carried to the same ac- -connt for the corresponding half year in 1881 was JE962 4s 5d. The Chairman, in moving the adoption of the report, said the traffic during the half year had been very satisfactory in fact, it was in ex- cess of anything previously reported. The total leceipts for the corresponding half year in 1881 were £ 2,738, as against £2,S96 in the half year ending 1882. It was very satisfactory to be able to say that only £254 lis 5d balance remained on the £3,000 required to clear off the adverse balance on the net revenue account, and he hoped that during the current half year they would be able to clear that off. He confi- dently believed that then they would be in a position to pay 3 or 4 per cent on their prefer- ence tstock. With regard to the negotiations for turning over the line to the Great Western Company, he believed that all the difficulties -had been overcome, and there would be a Wharncliffe meeting of the shareholders at Car- digan on the 16th March to sanction the agree- ment. He proposed the adoption of the report. MrJ. W. Bowen, Q.C., one of the directors, seconded the motion, which was agreed to without discussion. 0 The retiring directors, Mr J. Owen, Mr T. Colby, and Mr T. Davies, were unanimously re-elected, as was also the retiring auditor, Mr J. R. Atcherlcy. A vote of thanks to the chairman closed the proceedings.

CENTRAL WALES AND CARMARTHEN…

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T'-----AN OFFICER SHOT ON…

-.------.----GREAT WESTERN…

WHITLAND AND CARDIGAN RAILWAY.

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