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MARRIAGE OF THE PRINCE OF…

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ECCLESIASTICAL INTELLIGENCE.

RAILWAYS. ii RAIL"\V A YS.

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RAILWAYS. RAIL"\V A YS. GREA.T WESTERN.âThe adjourned half yealy meeting of thi, company will be held on Friday next for the purpose if reviving the report of the committee of shareholders ap- pointed on the 13th of February, under the following resolu- tions passed at the general meeting of the Great Western Railway proprietors, held on the 13th of February, 1863, viz 1. That the Great Western Railway Company re- quires rest; and that no further extensions, amalgamations, leases, subscriptions, or guarantees be undertaken, such policy having proved injurious to the original shareholders. 2. That the East Glocester Railway be abandoned. 3. That the clause in the Amalgamation Bill providing for the con- tinuance in office of the directors be altered, to give an opportunity of reconstructiag the Baary by an early election o' the members representing the Great Western Railway. 4 That a committee be appointed t, confer with the direc- tors as o the mode of carrying out the foregoing resolutions, and that the meeting be adjourned, at the close of the busi- ness of the day, to the 13th of March, for the purpose of receiving a report on those subject.. 5 That the said com- mittee do consist of Sir William Nliles, M P., llenj imin Lan- castor, Esq., Thomas C. Brown, Esq., Thomas Adams, Esq., R W. Giles, Esq John Mortimer, Esq., and Richard Esq." The following is the report Your committee have had several conferences with the Board of Directors on the matters referred to, and desire to express their seuse of the couitesy with which they have been met. As respects the first resolution, your committee understand that the Board oonsider the principle it enunciates one which they are bound to carry out. A schedule of engagements eutered into by the directors previously to the last geueral meeting has been laid before your committee, and remains with the Board as a record for future reference. These engagements are few in number, and do not involve any considerable pecuniary liabilities. The second resolution is accomplished by an arrangement made with the East Gloucestershire Com- pany to witildnw the Bill now pending in Parliament bur, inasmuch as it appears that tLe Great Western and W,st Midland Companies were, to some extent, paities to the promotion of the scheme, and therefore might be fairly ex. pected to contribute towards the expenses incurred, the sum of ES,000 has been arranged to he paid to the East Glouces- tershire Company, in full of all demands. The third reso- lution is intended to be carried out by a clause in the Amal- gamation Bill, by which the election of the new Board will be vested in the shareholders, and a reconstruction of the Board has been arranged by an undertaking of the present Board to make vacancies for six directors and to fill them up with an equal number to be selected by the committee and approved by the Board. The committee refer the share- holders to the copy of the minutes of the Board, containing an exact summary of these arrangements, which they trust; will conduce to the permanent prosperity of the under- taking."

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