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No. of Directors-12; maximum, 14; minimum, 6; quorum, 3. Qualification, 5001. DIRECTORS:

Chairman-ALEXANDER MACGREGOR, Esq., Ferndon, near Haslemere, Surrey. Deputy-Chairman-ALEXANDER BROGDEN, Esq., M.P., Ulverston, and 1, Victoria Street, Westminster, S.W.

Henry Brogden, Esq., Mersey Lea, Brook- | Piers F. Legh, Esq., Grange, near Ulverston lands, Sale, Manchester.

Archibald F. Paull, Esq., 33, Devonshire
Place, Portland Place, W.

Philip Rose, Esq., 6, Victoria Street, West-
minster, S. W.

James Brogden, Esq., Tondû, Bridgend.
John Halcomb, Esq., Chieveley, near New-
bury, Berks.
OFFICERS.-Sec., George F. Saunders; Eng., R. P. Brereton; Loco. Supt., John
Routledge; Auditors, Wm. W. Deloitte and Robert Fletcher; Solicitors, Baxter,
Rose, Norton, and Co., and C. and H. Tahourdin; Bankers, National Provincial Bank
of England, 112, Bishopsgate Street, E.C., and National Provincial Bank of England,
Bridgend.

Offices-Bridgend, Glamorganshire.

180.-LONDON AND BLACKWALL.

Incorporated by 6 and 7 Wm. IV., cap. 123, for a line from the Minories to Blackwall. Cost 266,000l. per mile.

By 18 and 19 Vic., cap. 90 (June 26, 1855), the company were authorised to create 300,000l. additional capital for widening the line. The amount to be raised on loan is 33,000. The length of line to be widened, but which is partly on land already acquired by the company, is 2 miles 3 chains and 70 links. Estimate, 100,000l.; period of completion, 5 years. Arrangements with Great Eastern and London Tilbury and Southend, which see.

By 23 and 24 Vic., cap. 123 (3rd July. 1860), the company was authorised to raise 300.0002., to effect various improvements, and to construct a branch to the London Docks, at a cost limited to 73,5551., upon which the Dock Company guarantee interest at 5 per cent.

By 25 Vic., cap. 7 (16th May, 1862), the company was authorised to construct new works, and to take additional lands and also to attach a preference of not exceeding 5 per cent. to the capital created under the Act of 1860.

By 27 and 28 Vic., cap. 219 (25th July, 1864), the company was authorised to enlarge several stations, and to improve other works as well as widen part of the line. Capital, 75,000l. in shares, and 24,000l. on loan.

LONDON, BLACKWALL, AND MILLWALL EXTENSION.-By 28 Vic. cap. 116 (19th June, 1865), the Blackwall was authorised to construct lines in the parishes of Stepney, Poplar, and Limehouse. Length, 5 miles. Capital, 250,000, in shares, and 83,0002 on loan. Arrangements with Great Eastern, which is to work the line. By 31 and 32 Vic., cap. 120 (13th July, 1868), an extension of time for completion of these works till 1871 was obtained. By 33 and 34 Vic., cap. 62 (20th June, 1870), abandonment of all these lines was authorised, excepting railway No. 4, which would have to be completed by July next. It would extend from the main line of the Blackwall at Poplar to the river Thames, opposite Greenwich, passing through the properties of the East and West India Docks and the Millwall Canal. By the arrangement with those companies they were to construct the line through their respective properties, and had, in fact, nearly done so, leaving the portion of the line between the boundary of the Millwall Canal and the River Thames and the junction of the Extension with the main line at Poplar to be made by the Blackwall. Additional capital of 50,000!. would be required for the purchase of land and the construction of the works, and it was proposed to raise the money by the creation of ordinary stock to that amount, upon which the Great Eastern would have to pay a rental of 4 per cent. per annum, under the provisions of the lease. GREAT EASTERN.-By 28 Vic., cap. 100 (19th June, 1865), the Blackwall was leased to the Great Eastern under a guarantee of 4 per cent, on its ordinary stock; the London and North Western, the Great Northern, and the Midland, obtaining running powers over certain portions of the line.

CAPITAL. This account to 30th June showed that 2,262,0751, had been expended, leaving a balance of 6,8851. The details are as under:-

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LONDON, BRIGHTON, AND SOUTH COAST.

155

The accounts are made up to 30th June and 31st December in every year, and the statutory meetings held in February and August.

Certificates are required with transfer deeds. Registration fee, 2s. 6d. each seller.

DIRECTORS:

Chairman-CHARLES WHETHAM, Esq., Gordon Square, W.C.

F. W. Haigh, Esq., Bickley, Bromley, Kent. | John Venables, Esq., 34, Aldgate, E. OFFICERS.-Sec., John F. Kennell; Registrar, Samuel Le Cren; Auditors, George Smith and Thomas Wrake Ratcliff; Solicitors, Hollingsworth, Tyerman, and Green, 4, East India Avenue, Leadenhall Street, E.C.

Offices-Fenchurch Street Terminus, E.C.

181.-LONDON, BRIGHTON, AND SOUTH COAST.

An amalgamation of the Croydon and Brighton, under the powers of 9 and 10 Vic., cap. 283 (27th July, 1846). By the Act of amalgamation, each holder of a Brighton 501. share received 50%. of stock; and each holder of a Croydon 201. share, 181. 108. of stock in new company. Before amalgamation, the Brighton had created 25,694 quarter or 121 shares, in substitution of a like number of loan notes of 101. each, in accordance with the terms on which those loan notes were originally issued; that involved a loss of 21. per quarter (or 107. per whole) share, loss, 66,7351.; in like manner the Croydon had previously issued 4,280 shares (part of the above 55,340 shares), nominally 201.. but on which only 157, had been received, thereby losing 3 per share. The additionsto capital taking dividend (being balance of loss on these conversions and on the amalgamation) amounted to 429,753l. In operation, 368 miles.

By 21 and 22 Vic., cap. 57 (28th June, 1858), the company was authorised to create additional capital to the extent of 200,0001. By the same Act authority is given to purchase on lease the East Grinstead and Wimbledon and Croydon.

By 20 and 21 Vic., cap. 143, and 21 and 22 Vic.. cap. 104 (10th August, 1857), the company was authorised to purchase on lease the West End and Crystal Palace.

By 21 and 22 Vic., cap. 84 (12th July, 1858), the company was authorised to construct a line between Shoreham and Henfield. Capital, 155,000l. in shares, and 50,000l. by loan. Length, 17 miles. Opened September, 1861.

By 22 and 23 Vic., cap. 69 (1st August, 1859), the company was authorised to make (1) a deviation (West Grinstead deviation) from the authorised line of the Shoreham and Henfield; (2) a short line (Norwood Junction) in the parish of Croydon, to connect the main line with Farnborough extension of the West End of London and Crystal Palace; (3) a widening of the bridge carrying the main line over the Montpelier Road, near Brighton; (4) an embankment in substitution for the viaduct on the Horsham branch; (5) for the improvement of their stations, to purchase additional lands, and to stop up a footpath; (6) to take on lease or purchase the undertakings of the Mid-Sussex and the Lewes and Uckfield. Additional capital for new works, additional land, &c., 100,000l.; loan, 33,0001.

By 23 and 24 Vic., cap. 171 (23rd July, 1860), the company was authorised to make certain alterations in its coast lines, and in the West End and Crystal Palace. The company was also authorised to subscribe 30,000l. to the Midhurst, and also to raise new capital to the extent of 355,500l. in shares, and 116,8331. on mortgage.

By 23 and 24 Vic., cap. 109 (3rd July, 1860), the company was authorised to construct a line from Croydon to Balham Hill, on the West End and Crystal Palace. Length, 5 miles 14 chains. New capital, 103,000l., and 33,000, by mortgage. Opened 1st December, 1862.

By 25 and 26 Vic., cap. 68 (30th June, 1862), the company was authorised to enlarge the stations at London Bridge and Bricklayers' Arms, and to own and work steam vessels, New capital, 355,500%. in preference shares, and 116,5007. on loan.

By 25 and 26 Vic., cap. 78 (30th June, 1862), the company were authorised to construct new lines in Surrey and Sussex, including a junction at Brixton with the Chatham and Dover, and a line from Newhaven to Seaford Length, 5 miles. New capital, 310,000l. in preference shares, and 113,0007. on loan.

By 26 and 27 Vic., cap. 137 (13th July, 1863), the company was authorised to construct. a line from Dorking to Leatherhead. Length, 5 miles. New capital, 90,000l., and 30,000. on loan. Opened 11th March, 1867.

By 26 and 27 Vic., cap. 142 (13th July, 1863), the company was authorised to construct certain new lines and extensions in Camberwell and Lambeth. Length, 4 miles. New capital, 300,000l., and 100,000. on loans.

By 26 and 27 Vic., cap. 192 (21st July, 1864), the company was authorised to construct a new line at Croydon, 2 miles, and a tramway at Newhaven. New capital, 100,000l. in shares, and 33,3001, on loan.

By 26 and 27 Vic., cap. 218 (28th July, 1863), the company was authorised to construct new lines in connection with South London, Tooting, &c. Length, 14 miles. New capital, 360,000?. in shares, and 120,000, on loan.

By 26 and 27 Vic., cap. 227 (28th July, 1863), the company obtained power to widen and improve the line to Pimlico, so as to obtain independent access to Victoria Station. New capital, 450,0001, in shares, and 150,000l. on loan.

By 27 Vic., cap. 35 (13th May, 1864), the company was 'authorised to provide station accommodation at Kemptown, and to construct a new line in connection therewith. Length, 12 mile. Capital, 75,000l. in shares, and 25,000l. on loan.

By 27 and 28 Vic., cap. 123 (23rd June, 1864), the company was authorised to construct lines from the Ouse Viaduct to Uckfield and Hailsham. Length, 20 miles. Capital, 330,0001, in shares, and 126,000l. by loan.

By 27 and 28 Vic., cap. 154 (13th June, 1864), the company was authorised to run steam vessels between Littlehampton and certain places on the coast of France, as well as to and from the Channel Islands. Capital, 100,000l. in shares, and 25,000l. on loan.

By 27 and 28 Vic., cap. 172 (14th July, 1864), the company was authorised to construct lines between Tunbridge Wells and Eastbourne. Length, 15 miles. Capital, 250,000l. in shares, and 83,000. on loan. Interchange of facilities with South Eastern. By 27 and 28 Vic., cap. 274 (25th July, 1864) the company was authorised to construct certain lines and works in and near Battersea Length, 4 miles. Capital, 430,000l. in shares, and 143,000, on loan.

By 27 and 28 Vic., cap. 314 (29th July, 1864), the company was authorised to construct several short lines in Surrey and Sussex. Length, 7 miles. New capital, 390,000l. in shares, and 130,000l. on loan. Also to amalgamate the Horsham, the Guildford, the Bognor, the Uckfield, the Banstead, and the Groombridge undertakings. BANSTEAD AND EPSOM DOWNS.-Incorporated by 25 and 26 Vic., cap. 158 (17th July, 1862), to construct a line from the Sutton Station of the Croydon and Epsom branch of the Brighton, to Banstead and Epsom Downs. Length, 4 miles. Capital, 85,000l. in 101. shares, and 28,3001. on loan. Amalgamated with Brighton by Act of 1864. Opened 22nd May, 1865.

BOGNOR.-Incorporated by 24 and 25 Vic., cap. 120 (11th July, 1861), for making a line from Eastergate to Bognor. Length. 3 miles. Capital, 30,0001, in shares, and 10,000l. by loan. Amalgamated with the Brighton by Act of 1864, but amalgamation not yet completed.

UCKFIELD AND TUNBRIDGE WELLS.-Incorporated by 24 and 25 Vic.. cap. 174 (22nd July, 1861), to construct a line at Uckfield to Tunbridge Wells. Length, 15 miles 18 chains. Capital, 200,0001. in 201, shares. Loans, 65,0002, Amalgamated with the Brighton by the Act of 1864.

HORSHAM AND GUILDFORD DIRECT.-Incorporated by 23 and 24 Vic, cap. 180 (6th August, 1860), to construct a line from the Mid-Sussex (Brighton) to Godalming branch of the South Western, at Guildford. Length, 14 miles. Capital, 160,000l. Loans, 50,000. Amalgamated with the Brighton by Act of 1864.

MID-SUSSEX AND MIDHURST JUNCTION.-Incorporated by 22 and 23 Vic, cap. 125 (13th August, 1859), for making a railway from the Coultershaw branch of Mid-Sussex to Midhurst. Capital, 70,000l. in 101. shares; loans, 20.0007. Length, 5 miles. By 25 and 26 Vic., cap. 210 (7th August, 1862), the company obtained till 1863 to complete its works, and also power to sell or lease the undertaking to the Brighton. Opened 15th December, 1866.

WEST LONDON EXTENSION.-The Brighton joins the London and North Western, the Great Western, and South Western, in providing capital for the extension of this line to Pimlico. The estimated outlay is 555,000l.: and the proportion contributed by the Brighton is 92,500!., and took effect from 1st July, 1859.

VICTORIA STATION.-Opened 1st October, 1860. The Brighton owns half of this station, and the London Chatham and Dover and Great Western rent the other portion. The London and North Western use the Brighton portion under a toll arrangement. WEST END OF LONDON AND CRYSTAL PALACE.-Incorporated by 17 Vic., cap. 180 (4th August, 1853), for a line from the London and South Western (Windsor and Richmond) to the Crystal Palace Park (5 miles); branch to the London and Brighton, at Norwood, 1 mile; branch to Chelsea Suspension Bridge, with wharf and pier on Thames, south side, 2 miles. The following arrangement with the Brighton was sanctioned on the 16th May, 1859:-That the Brighton pays the company's fixed charges, viz., the interest on the existing mortgage bonds; 7 per cent. per annum on the 220,0001. B. shares; 61. per cent. per annum on the amount of the 6. per cent. shares now paid up, commencing on the 1st July, 1859, and to pay a perpetual dividend of 4 per cent. per annum on the 220,000. A shares, commencing from 1st January 1885. The purchase money of the line between Norwood and Bromley was paid January, 1864.

MID-SUSSEX.-Incorporated by 20 and 21 Vic, cap. 133 (10th August, 1857), to construct a line from the Brighton, at Horsham, to Pulborough, with a branch to Petworth. Length. 17 miles. Opened 10th October, 1859. Purchased by the Brighton on 31st May, 1860, for 100,000l. 4 per cent. preference stock, the Brighton taking the mortgage debt, 50,000.

LONDON, BRIGHTON, AND SOUTH COAST.

157

LEWES AND UCKFIELD.-Incorporated by 20 and 21 Vic., cap. 60 (27th July, 1857), to make a railway from Lewes to Uckfield. Capital, 59,000l. in 501. shares; loans, 16,500. Length, 73 miles. Its termini are at the end, a junction with the Keymer branch of the Brighton, in the parish of Hamsey, and at the other end the town of Uckfield. Opened 18th October, 1858. Purchased by the Brighton on 31st May, 1860, for 33,9007., 4 per cent. preference stock, and takes the mortgage debt. The resolution of 31st May was as follows:-"That for the purpose of the transfer to this company of the Lewes and Uckfield, the company, under the powers conferred upon them by the Company's Act, 1859, do create and issue to the Lewes and Uckfield, or their nominees, 33,9001. of stock in the undertaking of the company, and for the purpose of the transfer to this company of the Mid-Sussex the company do create and issue to that company, or their nominees, 100,000. of stock in the undertaking of the company, the whole of such stock instead of entitling the holders thereof to participate in the profits of the company, to have attached thereto a preferential fixed dividend of 4 per cent. per annum, payable halfyearly, at the same time and with the other dividends of the company; but such stock not to confer upon the holders thereof any right of voting at meetings of the company, or any qualification, or any right or privilege, except the right to receive the fixed specified dividend thereon. And also for the purpose of such transfers respectively, that the company borrow on mortgages or bonds, on the security of the undertaking of the company, and upon such terms and conditions as the directors may deem expedient, such sums of money as may be necessary for paying off any mortgages or bonds exclusively charged on the Lewes and Uckfield and the Mid-Sussex respectively."

EAST GRINSTEAD.-Incorporated by 17 Vic., cap. 88 (8th July, 1853), for a line from the Brighton. at Three Bridges, to East Grinstead. Length, 6 miles. Opened 9th July, 1855. Capital, 50,000l. This line was purchased in January, 1865, for 50,000., 4 per cent. stock, the Brighton taking upon itself the mortgage debt.

ST. LEONARDS.-By 28 Vic., cap. 50 (26th May, 1865), the company was authorised to construct new lines from St. Leonards to the Ouse Valley and the Tunbridge Wells and Eastbourne. Length, 18 miles. New capital, 300,000l. in shares, and 100,000l. by mortgage. By 29 and 30 Vic., cap. 234 (16th July, 1866), the company was authorised to construct several new lines in substitution of those sanctioned as above; also to raise new capital to the extent of 100,000l., and 33,000l. on loan.

HORSHAM, DORKING, AND LEATHERHEAD.-Incorporated by 25 and 26 Vic., cap. 151 (17th July, 1862), to construct a line from Horsham and Dorking. Length, 13 miles. Capital, 120,000, in 10l. shares, and 40,000l. on loan. Opened 1st May, 1867. Arrangements with the Brighton, which contributed 75,000l., and guaranteed 4 per cent. on capital, under Amalgamation Act of 1864. To be embodied in the Brighton, 4 per cent. preference stock in that company being exchanged for shares in the Horsham.

SURREY AND SUSSEX JUNCTION.-Incorporated by 28 and 29 Vic., cap. 379 (6th July, 1865), to construct a line from the Brighton, at Croydon, to junctions with the East Grinstead and Uckfield and Tunbridge branches of the same system. Length, 244 miles. Capital, 705,000. in shares, and 235,000, on loan. By 30 and 31 Vic.. cap. 140 (25th July, 1867), the company was authorised to make certain alterations in the mode of constructing the line, to acquire additional land, and the share capital reduced from 705,000, to 655,000. By 32 and 33 Vic., cap. 72 (12th July, 1869), the Surrey and Sussex was amalgamated with the Brighton.

CHICHESTER AND MIDHURST.-Incorporated by 27 and 28 Vic., cap. 75 (23rd June, 1864), to construct a line from the Brighton, at Chichester, to join the Mid-Sussex and Midhurst and Petersfield. Length, 11 miles. Capital, 190,000l. in 107, shares, and 63,000%. on loan. By 28 and 29 Vic., cap. 354 (5th July, 1865), the company was authorised to construct an extension to Haslemere. Length, 9 miles. New capital, 180,000l. in shares, and 60,0001. on loan; but by 31 and 32 Vic., cap. 162 (31st July, 1868), the extension was authorised to be abandoned. The undertaking is practically embodied in the London Brighton and South Coast.

ADDITIONAL POWERS.-By 28 and 29 Vic., cap. 66 (19th June, 1865), the company obtained power to construct several short junctions in the county of Surrey. Length, 1 mile. Capital, 90,000l. in shares, and 30,0007. on loan.

TOOTING, MERTON, AND WIMBLEDON.-Incorporated by Act 27 and 28 Vic., cap. 325 (29th July, 1864), for lines from Wimbledon, via Tooting and Merton, to join the Brighton line at Streatham. Length, 5 miles. Capital, 95,000l.; loans, 31,600. By 28 and 29 Vic., cap. 273 (5th July, 1865), this undertaking was vested jointly in the Brighton and South Western, and a further junction of half-a-mile authorised. New capital, 52,5007. in shares, and 17,5007. on loan.

CAPITAL AND POWERS.-By 29 and 30 Vic., cap. 281 (30th July, 1866), the company obtained power to construct several new junctions, extending to 1 mile; to purchase additional lands; and also to vest the Crystal Palace line, the Victoria Station, the Uckfield, the Guildford, the Dorking, the Groombridge, the Banstead, the Uckfield and Tunbridge Wells, the East Grinstead, and the Tooting in the Brighton. By the same Act the company's powers in regard to raising money on these several undertakings were consolidated, and new capital authorised to the extent of 500,000. in shares, and 166,6001, on loan, Power was also given to create 5 per cent. consols in lieu of the

different preference shares issued at various times. The Brighton was also authorised to acquire the Mid-Sussex, and to subscribe to the Surrey and Sussex and the Chichester and Midhurst.

By 30 and 31 Vic., cap. 163 (25th July, 1867), the company was authorised to execute new works as well as to effect alterations in those already authorised; to acquire additional lands in Surrey, Sussex, and Kent; to extend the time for completion of the Ouse Valley, the Tunbridge Wells and Eastbourne, and the St. Leonards for 3 years. Also to abandon construction of the first junction authorised by Act of 1865. Also to issue ordinary stock not taken up, at such discount as a special meeting might determine.

By 31 and 32 Vic., cap. 134 (13th July, 1868), the company was authorised to abandon the Onse Valley, the St. Leonards, and the Eastbourne, the lands acquired for which to be sold within two years. An extension of time for sale of other superfluous lands was obtained for ten years. Authority was also obtained to raise new capital to the extent of 1,000,000l. in shares, at a discount, one-third additional of the sum realised to be borrowed on mortgage. The fares on the company's system were also raised to 24d. first class express, and 2d. per mile second class. In ordinary trains the fares were raised 21d. per mile first class: 1d. second class; and ld. third class.

By 33 and 34 Vic., cap. 154 (1st August, 1870), the company was authorised to abandon the Worthing Junction, and to make a short line (1 mile) to improve the communication with Eastbourne, to acquire additional lands and to sanction an agreement with the South Eastern, for text of which see MANUAL for 1870.

EAST LONDON.-Worked by the London Brighton and South Coast, and opened for public traffic on the 6th December, 1869.

REVENUE. The receipts for the half-year ending December 31, 1869, show that 688,7251. had been received, on 368 miles, against 696,971.. on 3651 miles, for the corresponding period of 1868, the expenditure being 364,4341., against 336.555, showing a decrease in the receipts of 8,246, and an increase in the expenses of 27,87 1. The increase in the expenditure was entirely due to the New cross accident. The item of compensation amounted to 46,1051. for the half-year, against 3,8967. in the same period of 1568 The working expenses, exclusive of compensation, amounted to 318,3291.. against 332,659, showing a decrease of 14,3301. On taking the result of the entire years, the miles open were 364, against 346 in 1868, and 329 in 1867. The gross revenue 1,266.6617, in 1869, against 1,269,3341. in 1868, and 1,223,6101. in 1867. The working expenses and renewals, exclusive of compensations, amounted to 617,907, or 49 per cent.. in 1869; to 654,6617., or 51 per cent., in 1868: and to 786,570, or 64 per cent., in 1867. The working expenses in 1869 were at the rate of 28. 11d. per train mile; 1868, 3s. 31d. per train mile; and in 1837, 3s. 10d. ner train mile. The compensations amounted to 50 2787, or 4 per cent. of revenue, 10,0067., or per cent., and 33,039., or 21 per cent.. of revenue respectively. The total working expenses and renewals amounted in 1869 to 668 185, or 53 per cent.: in 1868 to 664.667., or 521 per cent.; and in 1867 to 819,60, or 67 per cent.; the cost per train mile being 38. 2d., 38. 3 d., and 4s. respectively. Notwithstanding the decrease of receipts, the reduction of expenditure would have enabled the directors to recommend a dividend of 22s. 6d. per 1001. but for the New cross accident a result which would not have been unfavourable, consi lering that three years ago the company was virtually insolvent, burdened with liabilities on capital account of upwards of 3,000,000l., and unable to pay its preference charges; and that this dividend would have been nearly double that declared in the preceding year, notwithstanding a period of great depression in traffic. The accounts for the half-year showed a balance of 324,2901., 2,678, from the preceding half year, making a total of 326 9681, of which the payment of interest on debentures required 115,1261., the preference interest 176.551, leaving 35,2917., out of which a dividend of 10s. per cent. left a balance of 1,0921.

The receipts for the half year ending June 30, 1870, amounted to 581,450, against 577.9367. in 1863; and the expenses to 319,9811. (including 23,7741. for compensation). against 303.7517. including 4.1731, for compensation, showing an increase in the receipts of 3,514. and in the expenses of 16,2301. The company had been made to pay about 71,000, or nearly as much as it had been able to distribute in dividend in two years to its ordi nary shareholders, for an accident against which it was universally admitted that no reasonable precaution had been omitted. Apart from the accident the expenditure for the half year compared satisfactorily with that of 1869, showing a slight reduction; the total, exclusive of compensation, having been for the half-year ending 10th June, 1869, 299,578, or 2s, 11 d. per train mile, and for the half-year ending the 30th of June, 1870, 296,2071, or 2s. d. per train mile. The accounts, including the charge of 23.7741. for compensation, showed a balance of revenue over expenditure of 261,469, to which was added 1,092., making a total of 262,5617., of which the payment of interest on debentures, &c., required 111,308.. leaving a balance of 151,2537. This was sufficient to pay all the preference stocks in full up to the 5 per cent. stock, No. 6. of 1866, and to pay 108. in the pound on the dividend on that stock, amounting together to 146,925, leaving the arrears and the half year's dividends on the small subsequent stocks, amounting together to 29,6351., to next half-year.

SURREY AND SUSSEX.-It was repor ed ance was the rejection by Parliament of ti

August that the only change of importclauses in the Bill authorising abandon.

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