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NORTH WALES RAILWAY.

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NORTH WALES RAILWAY. The half-yearly meeting of this Company was held yester- day at the Guildhall Coffee-house, Mr. Chadwick in the chair. The report stated that the directors, in accordance with the resolution of the last general meeting, had, under the advice of eminent counsel, taken steps to dissolve the com- pany, and a deed has been prepared for that purpose, pro- nouncing full dissolution of the company and a rateable division of all assets, which has already been signed by share- holders holding more than half the number of shares of the co:npany, and other shareholders are to sign the same; so that it may be anticipated that the dissolution of the com- pany will be cheerfully assented, to by almost the whole of the shareholders. The accounts showed a balance in hand of £ 21,000. Ttie Chairman, on moving the adoption of the report, made a few remarks on the means by which the directors i a tend to effect the dissolution of the company, and on the probable success of the measure. Resolutions were passed adopting the report, electing two directors, and re-electing one auditor. It was stated that the holders of 11,900 shares were anxious to get back the XI per share which was proposed to be returned to the shareholders. The Chairman stated that there were only two of the shareholders who were opposed to the dissolution of the company. He repeated his conviction that if the line had been m ide and the whole of the £ 2<3 per share paid up, the traffic would not pay the working expenses. A vote of thanks to the Chairman concluded the proceed- ings.

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