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THE TRANSFER OF THE WIRRAL…

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THE TRANSFER OF THE WIRRAL RAILWAY. ARBITRATOR'S AWARD. I Mr J. Wolffe Barry, C.E., the arbitrator anpointed by the Board of Trade to assess the amount to be paid by the Manchester, Sheffield, and Lincolnshire, and the Wrexham, Mold, and Connah's Quay Railway Companies, for the transfer to them of the uncompleted portion of the Wirral Railway, has issued his award. The arbitration in respect of which this award is made was first com- menced last June, in pursuance of the Wirral Rail. way'H'ransfer Act, 1889, under which the Mao. cheater, Sheffield, and Lincolnshire and the Wrexham, Mold, and Connah's Quay Railway Companies obtained the right to purchase the uncompleted portion of the Wirral Railway, which comprised, speaking broadly, the communication between the Dee Bridge and the Birkenhead Docks and the Mersey Railway. For this uncompleted portion of the railway the Wirral Company put in a claim amounting in the aggregate to JE210 S50, made up as follows :—Land value, £ 75,000; additional land, £ 14,S50 purchase of the original concession and interest, £ 21,000 parliamentary, engineering, and other expenses and interest, £ 37,000; injury to the constructed railway by depriving it of ground for marshalling sidings, by diversion of passenger and goods traffic, and through loss of profit and goodwill by taking the cheap part of the railway, £ 63-,000. Upon this claim the arbitrator awards as follows :— 1. The purchasing companies phnll pay to the Wirral Company the sum of £96,000; exclusive of, and in addition to, the amount to be paid to the engineers. 2 If the whole or any part of the 996-000 shall not have been paid by the 1st Februaiy next, the purchasing companies shall pay to the W irrat Com- pany interest at the rate of 6 per cent. per annum upon such portion of the purchase money remaining unpaid. 3. The date of the transfer shall be the lat February, 1892. 4. The lands and easements included in the transferred portion of the undertaking to be given over by the Wirral Company free from all encum- brances. 5. The lands for which notices to treat hav been given by the Wirral Company, or with reference to which agreements have been entered into, are to be transferred by the Wirral Company as part of the ni-dertaking. 6. The purchasing companies are to indemnify the Wirral Company from all claims or liabilities in con- sequence of notices to treat having been served or agreements entered into. 7. The purchasing companies are to pay to the engineers of the Wirral Company the sum of 8,920 upon their handing over all plans and sections relat- ing to the authorised railwayp, together with all working drawing. S. The purchasing companies are to pay their own costs incidental to the arbitration and the taxed costs of the Wirral Company.

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