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'*AA**^'^*AVm»V
'V«^*ft;i^..-:-..;-.'....,»^^^^^
z
ii. ADVERTISBMENTS.
Brown Bayley's Steel Works, Ltd.,
-.SiniSas:..- SHEFFIELD.
••BALI, LOHDOH." m^Mmm^M • am^a^A^H
Manufaoturers of SPECIAL STEELS BY THE
" SIEMENS " AND " BESSEMER " PROCESSES. MAKERS OF :
TYRES, AXLES, and SPRINSS for RaUway LocomoUves, Railway Carriages, and Wagons, and also for Tramway Engines and Cars. SPECIAL SUARANTEED SPRING
for Railway Locomotive Springs, Railway Carriage and Wagon Springs, and for Lorry, Dray, and Cart Springs.
STEEL FORGINGS.
PLANISHED STEEL BARS for Shafting for Engineers, Machinists, and Agricultural Implement Makers.
SPECIAL STEEL BLOOMS AMP SLABS.
LONDON OFFIOB : Suffolk House, 5, Laurence Pountney Hill, E.G. AUSTRALIAN AGENTS : W. & A MoArthur, Ltd. , 1 5, Macquarie Place, Sydney.
Odd Medal. rri-ca-rzt ^^^ Medal,
Liverpool, 1886. JLJra^Jtzi Edtnburgli, 1886.
RAILWAY SIGNAL CO., ltd.,
FAZAKERLEY, LIVERPOOL.
Telegrams—" Signal Co., Fazakerley." Telephone—** 15, Walton."
MANUFACTURERS OP
RAILWAY SIGNAL CABINS, INTERLOCKING LEVER FRAMES,
AND
SIGNAL WORK OF EVERY DESCRIPTjpN.
Sole Licensees and Makers of Webb & Thompson's Patent Electric Train Staff Instruments for single-line Railways and Tramways, and of the " Crewe System " of Electrical Power Plant for Working Points and Signals as extensively fixed by the L. & N. W. Ry. Co. ; also Licensees for the " Bleynie and Ducousso System" of Electrical Power Plant as fixed on the leading French Railways.
DIPLOMA OF HONOUR, PARIS, 1887.
London Offloe: Sanotuary Houso, Westminster, 8.W.
Telegnuns : "CknideniatioB, Lon4m." Telephone: " 562, Wettminater."
HEiyPOOlfy«SflNLTO.
The Leading and Lai^at Manu^oturers of
RAILWAY, ROAD, &CAnLE WEIGHBRIDGES
IM THE WORLD.
90% of the Railway TrafOo of the United Kingdom is weighed over Pooley Weigiiing Maohines.
AWARDED FIRST PRIZES WHEREVER EXHIBITED.
WEIGHING MACHINES AND SCALES
FOR ALL TRADES.
London— B9, Fleet Street, E.G. Nottingham— Lister Gate.
Olitegow- 35, South Kinning Place. Newport, Mon.— Skinner Street.
Liverpool— Laca Street. Leeds— 110, Wellington Street.
Gateehead- 20, West Street. Be I fast -Castle Market.
Manohester— Norton Street, Green- Dublin— 31a, Bachelor's Walk.
gate, SalfOrd. Cork-Suttons Limited, The Mall. Sheffield- Savile Street.
HBAD OrriGB:-
TEMPLE St., BIRMINGHAM.
M'Kenzie&HoUandM,
RAILWAY SIGNAL ENGINEERS.
PRINCIPAL AGENTS FOR
Wkstimqhouse Electro-Pneumatic System of Interlockinq.
Hlghwt Award-Grand FHx, Pari*, 1900.
^AVIOB " SrSTEM "All ^ ,ElECTRIG"SICNAUIIiC
/ / AHD MTEBLOCKIItC.
Electrical Block Intehlockinc.
SPECiALJTIES
' FOR Light RAiLWATS.
RAILWAV SiCNALWORK
EVERV OESCRIPTIOH.
,_i, wroucht '' Iron SiGNAi
TelecraphJIast
HEAD OFFICES AND WORKS:
'TELIQUUS:
"Holland. WomEgnR."
TELEPHONE HO. IB.
LONDON Office ;-
MELBOURNE. 61. SINCLAIR ROA
SVDN EY. TELEDRNMS :"lHTEHLIlGKIHa.Ll)N
Bribbanc. Telephone ho. 244, Hamhek
India.— Burn db Co., Calcutta.
W0RCE8TF
JRADSHAWS
RAILWAY MANUAL,
SHAREHOLDERS' GUIDE,
.OiD
OFFICIAL DIRECTORY,
1©06,
OONTAIXIKO THK
HI8TOBT AHD FINAIfCIAIi POSITION OF EVEBY BAILWAY GOSTTBOLIiED
BT TK»rmm CAFITAIi AT HOME AND ABBOAD, AI.SO OF THE
PHQRHPAIi CANAIi and BOIiUNG STOCK COMPANIES, WITH
STATISTICS, POWEBS, AND OTHBB DATA; ACCOMPANIED BY
A DIBECTOBY OF ADMINISTBATTVE AND EXECUTIVE
STAFFS, AND OTHEB INFOBMATION OF USE TO
INVE8T0BS IN BAILWAY COMPANIES:
I14LU8TBAXED WITH BAILWAY MAPS of the Bbitish IsiiES, The Continent of Eubope, India, &c.
PIFTY'SEVENTH EDITION.
THOROUGHLY REVISED AND IN GREAT PART REWRITTEN.
EDITED BY
HERBERT H. BASSETT.
Joint Editor of " Ferni on the Funds," *c.
HEXRY BLACKLOCK & Co. Ltd., Pkopklbtobs or Braiwhaw's (icioE>i. 59, Flkkt Street, Loxdos, E.C. ; ajtd Albert SftrARK, Maxchsstsb.
ASD a IX BOUK>>ELLERS.
1905.
Sound Currency Commftt«#,
GREENWOOD & BATLEY
LIMITED,
Albion IWovks, IjESEIDS.
ENGINEERS AND MACHINISTS TO THE BRITISH AND THE PRINCIPAL
FOREIGN GOVERNMENTS.
MAKERS OF EVERY DESCRIPTION OF
GENERAL & SPECIAL MACHINE TOOLS
FOR
RAILWAY, MARINE, AKD GENERAL ENGINEERS.
PATENT BOLT & NUT FORGING & FINISHING MACHINERY.
ELECTRIC MOTORS, DYNAMOS, ETC,
MACHINERY FOR SILK, WASTE SILK, AND CHINA GRASS.
OIL MILL MACHINERY.
DE LAVAL'S PATENT STKAM
TURBINE MOTORS,
TURBINE DYNAMOS,
TURBINE PUMPS and FANS
. <FOR GREAT BRITAIN and GOLONIES, CHINA* JAPAN, and EGYPT).
w <• «. •
LONDON OFFICE:— 16, GREAT GEORGE STREET, WESTMINSTER, S.W.
PBEFACE TO V
rpHS new edition of Bbadshaw's Railway Manual embodies, in -*■ several different ways, information which has not hitherto appeared. Since the first publication of the Manual as a thin
' crown-octavo volume, the railway interests of Great Britain have . advanced with gigantic strides. English capital invested abroad in railway enterprises wsis at that time infinitesimal, now it reaches the huge total of several thousands of million pounds sterling. There were in existence in the United Kingdom in 1848 about two thousand miles of lines, which compare with 22,514 at the present day. It is not, therefore, a matter of surprise that it has
;^ been found an increasingly difficult task to bring together in one volimie of reasonable size the mass of statistics and other data which concern the railways of the world. In view of the continued growth of the railways of the United States it became necessary, a few years ago, to delete a large proportion of the information which had previously been given respecting its railroads, except those midertakings in which the British investor was more especially interested. In the present volume the same course has been pursued, since it becomes more and more evident every year that in spite of the strenuous efforts of Wall Street operators the British investor is not taking the same keen interest in American Railwaj's which he did during the American "boom" of 1885. The additional space thus gained has been devoted mainly to increasing the information and statistics respecting British-owned companies operating abroad. In this direction the greatest advance during the past year has taken place in the Argentine Republic of South America. Here the bulk of the railways have been con- structed by British engineers; they are owned and directed by British capitalists, and we do not doubt that the introduction of additional information regarding railway enterprise in this and other South American countries will be appreciated. The
» i information respecting State-owned railways in British colonies
^ and foreign countries has been considerably modified, as the
. ^niinor details regarding them are not of sufficient interest to '* the average investor, or railway man, more especially as each of
O^he Colonial Governments publishes an annual report containing
^ ^he fullest information.
viii. PREFACE.
There has been introduced for the first time a series of tables showing the receipts and expenditure of the principal railway companies for a period of about 50 years, thus providing a table of comparative statistics for the investor and the railway expert. The highest and lowest prices touched upon the Stock Exchange by the securities of the principal companies have also been incorporated, and we have to acknowledge our indebtedness for several of these prices to Messrs. Mathieson's useful handbooks. Particulars regard- ing the rolling stock, passenger and goods traffic have also been introduced for the first time, and a welcome feature should be the new directory of the administrative staffs, which takes the place of the old system of cross reference in the past volumes. The publishers will be glad to receive additional information from the secretaries of British-owned railways in all parts of the world, so that this directory may be rendered a complete index of railway directors and officials. Such information should be in the hands of the Editor not later than 1st December, and any suggestions for the improvement of the volume will receive careful consideration. The publishers have also to acknowledge their gratitude to the secretaries of the various companies for the assistance they have so kindly rendered towards maintaining the high standard of statistical accuracy which Bradshaw*s Railway Manual has preserved unbroken for 57 years.
Owing to the desirability of publishing the Manual in future early in the year it is not possible to incorporate all the details regarding working up to the end of December, as such information will not be officially available until some time after the Manual will have reached the hands of the public. It is, therefore, necessary to confine the review of railway progress, which appears on a subsequent page, to the year 1903 and to the six months ended 30th June, 1904.
Bradshaw's Guide Office,
59, Fleet Street, E.G.
CRAVENS Ld
DARNALL, SHEFFIELD. SPECIALITE —HYDRAULIC PRESSED WHEELS.
MAavFAcroREKS of
SAUf AT CABMGES, WAGONS, IRONWORK,
WHEELS AND AXLES
OF BVBRV DBSCmiPTIOII.
YAGORS A CABRUfiES BDILT for CASH, or for DEFERRED PAYMENTS.
nUCBS AMD BPEGIFICATIOHS OK APPLICATION. Telegraphic Addreaa. " CRAVEN. aHEFFTELD." •
ESTABLISHKD !36l.
HARRISON & CAMM,
LIMITED, Chief Vorki and Offloea: ROTHERHAH.
MAdU^AOrUJtClM Of ALL KmO» OF
UIHIHG AND PLANTATION WAGONS: RAILWAY WHEELS AND AXLES,
WITH CAST OR HYDRAULIC FORGED NAVES. WAGON IRONWORK, CASTINOS, AXLE BOXEB, uid BRASSES.
CONTRACTORS FOR MAINTJNANCE & REPAIRS OF RAILWAY ROLLING STOCK.
Branch Depots at all Principal Stations and Junctions. WAUOSiB EET ON SIMPLE BIKE. INCLVOINU HAINTENAIICE.
REVIEW OF THE RAILWAY YEAB.
REVIEW OP THE RAHiWAY YEAR.
xi^
The capital created in connection with the railways of the United Kingdom continues to grow apace, over £28,000,000 having been added during 1903, of which about £10,000,000 was in ordinary stock. During 1904 there was again a considerable increase, chief among the new issues being that of the North British 4 per cent, preference stock. The following table sets out the new issues of captal during the year, with a note of the objects for which it was required : —
RAH.WAY
AntofagasU (Chili) * BoUvia Argentine Great Western. . Boenos Ayres Great Southern BnoMM Ajnes Western .... Boenoe Ayres Soath'Westem
Canadijui PaciHc
Ejwt Indian
Egyptian Delta
Fishguard and Boaslare
Grand Trunk of CauMda. . . .
Great Central.
Great Northern and City . .
Great Western of Brazil
Greek Government
Hi^iland
Imperial Chinese
l^lt of Man
Liverpool Overhead
Loudon, Tilbury, aurl South- end
Metropolitan
New Cape Central
N jrth British
North Eastern
Cjuebec and I^ke St. John . Rohilkund and Kuioaon .. Southern Pnnjaub
£490,00041 per cent, debenture
stock £260.000 ovdinary shares of £10!
£600,000 4 per cent, debenture
5tock I
£618,700 ordinary shares of £10
£1,580.000 lat debenture stock..
$16,000,000 ordinary stock ..
£1,366,000 S per cent, debenture
stock £111,900 8i per rent. cum. pref
shares of £10 each £760,000 3| per cent. pref.
£482,500 4 per cent. guar, stock
£1.000,000 H per cent 2nd
debenture stock £500.000 " B " shares of £10 each
£600.000 £10 shares
£870,000 4 per cent, loan
Object
Weston, ClevAdou, and Portis- head
£250,000 3^ per cent. 2ud deben-l
£2.250.000 5 per cent, sterling bonds (£100) I
£60,000 4 per cent. perp. deben- ture stock I
£60,000 5 per cent. perp. pref. shares of £10 each j
£280,000 4 per cent, annual c-on tiugeut pref. shares
£7.^0,000 3i per cent, convertible pref. stock I
£lt»,000 of £5 ordiuarj- shai-e.-* £260,000 4 per cent. de»»entures £1.179,9004 per cent. pref. stock
£2.000,000 in Cou.<»ol8, pref. stock
and debentures £75,000 4 per cent, bonds..
Extensions
To provide short branch lines
Exteaudinu and new works
Extensious to existing line
New line of 310) miles
Various
Extensions
Extensions and equipment
Various
Extensions
Bedemptiou purposes
(Contractors' shares)
Par j Extensious to Pesqulera, Jtc.
£84
Par i
" ... jj^
Construction of line fi<>ui
Pirwus to l>enilrly Exteusiuiis, Jcc.
£97 10; Railway construction
I Yangtse Valley £106 To acquire Manx Northern
I and Foxdale Companies, Kv. £9 15 I Extension to Seaforth Sand.s
Par .Widening at Barking ami electric traction
£104 i Electrification of line
£200,000 £5 pref. shares.
£500,000 4 per cent. cum. pref. share:< of £10 each
Par £90 £115
£87 10 Par Par
£75,000 3 per cent, deljeiitures Par
I
\To complete line from J Riversdale to Mossel Bay Various
Various
Construction of branch line
of 40 miles. &c. Extensions
To construct exten.siou from McLeodgauge Rtwd tu Ludhisna.
Purchase of existing line.
REVIEW or THE SAK-WAY YBtM. lUi.
Tha EngUali t^way companiaa still l&g somewhat behind the fareign companieB in the amonnt of iatoregt earned upon their capibll. The total capital of railway oompanies in the United Kingdom is estimated at £1,345,028,917, and the diTiBions of this blether with the rates of interest yielded by the various groups are set forth in the following table : —
«,„
™,...,
ssas.
— r-sss—
31"
3^
"£'
^
2C'
1^
2'
tu.t
^-
an
rE
z
■is
Z
.is
l8t,HB.n
m.w.M
Ai-^ilisrSiM
H-.
~""" -
^.^_
_
"•■""
,»«„,
""»-
A ^ance over these figures will indicate that the average retam upon ordinary capital Ib not so taige as might reasonably b« ecpected from well onanised railway nndertakings in this oonnbv. The average dividend yielded by the ordimacy stocks may be roughly stated at 3j per cent., which is, of course, conaidenbly lower than the average dividend of British-owned companies in other countries. Shareholders in English railways must find compeoHation for the lower dividends in the fact that their capital is more Becore, and that there is Do fear ol the arbitrary and dishonest treatment which has rendered railway enterprise in many foreign countriea so hazardous on investment.
Practically ever since railways came into vogue the receipts from third class passengers have tended to increase. This movement was accelerated many years ago by the introduction by the Midland Railway of third class passenger coaciies on the fast non. stopping trains. As third class passenger receipts tended to swell, the second class decreased. There has, however, been a marked change during the past few years. In 1892 the annual increase in third class passengers commenced to slacken, and the years 1902and 1903 have shown a substantial decline in proportion to the increase in second elasa passengers. For some years the expansion in the number of second class passengers has been traced to iocreased long-diBtance bookings, inoicated by a big jump (from Sd. to lld.i in the average receipts per passenger. There was noticeable, however, in 1908 a tendency for the average receipts to decline, which may be due to a re-adjustment of fares on a lower scale by some of the companies, or to a falling-oa in long-distance travelling. It is obvions that the
XIV,
EEVIEW OF THE RAILWAY YEAR.
•decline in third class passengers is due largely to the growing importance of tramway competition, which cannot any longer he ignored, especially hy the railways dealing with suhurhan traffic round London. In 1896 the third class passengers numhered 888,604,000 or about 125,000,000 less than tramway passengers in the same period. In 1903 the tramway passengers exceeded the third class railway passengers by no less than 287,496,000, or over 20 per cent. Every year the tramway systems are being extended in all parts of London, and their competitive power presents one of the principal problems with which the railway manager will be faced during 1905. The following table sets out the comparative figures of passenger traffic during the past decade : —
Ist class
2nd class
3fd class ••••• •
Season Ticket Holders — Excess Luggage, Mails, &c.
1893 £ 3,036,000 2,075,000 22,623.000 2,583,000 5,532,000
35,849,000
1903 £ 3,528,000 3,332,000 29.273,000 3,852,000 7,984,000
47,969,000
Increase £ 508,000 1,257,000 6,650,000 1,269,000 2,452.000
The companies which show increased passenger receipts during the six months ended 30th June, 1904, are the Great Central, Great Eastern, Great Northern, Great Western, London and South Western, London, Brighton, and South Coast, Midland, and the South Eastern and Chatham Railways. Decreased returns for the six months ended 30th June, 1904, are exhibited by the Lancashire and Yorkshire and the London and North Western, owing largely to the cotton crisis and to tramway competition at Manchester and elsewhere. There has been a tendency for third class season tickets to increase since 1899, the advance in 1903 over 1902 being 10 per cent. On the other hand there is a small decrease in second class season tickets. The only explanation of this change is to be found in the tendency of workers in large towns, such as London, Liverpool, and Manchester, to live farther out, as the figures show that the increase in third class season tickets is in the longer distances.
A comparison of the goods traffic receipts with a decade ago is unsatisfactory because in 1893 the great coal trade dispute was being waged. The comparison between 1903 and 1902 shows an increase in the minerals and merchandise conveyed of only 7,000,000, or 6 per cent., as against an increase of 20,700,000, or 5 per cent., in 1902. The falling off is doubtless to be attributed to the poor state of trade throughout the country in 1903, and it is satisfactory to note that for the six months ended 30th June, 1904, there was a considerable improvement, in comparison with the corresponding six months ended 30th June, 1903, although some allowance must be made for the fact that the year 1904 had an extra day owing to the operations of leap year. Companies which showed increases were the Great Central, Great Eastern, Great Northern, North London, London and South Western,
BBVIBW OP THE RAILWAY YEAR.
XV.
London, Brighton, and South Coast, Midland, and South Eastern and Chatham, whilst decreased receipts were shown hy the Lan- cashire and Yorkshire and London and North Western. Great •efforts have been made to reduce goods train mileage, and this has resulted in a very considerable decrease of the total mileage, the reduction in 1903 amounting to 10,000,000 miles, this result being achieved in the face of an increased tonnage of goods carried amounting to 7,000,000 tons. There was, however, no reduction in passenger train mileage, but the year 1905 will probably see some efforts made in this direction.
Hallway construction during 1904 has not been so extensive as in 1903, but in many directions electrification of existing steam lines is being carried out by companies at a pace which indicates a deter- mination to maintain the suburban passenger traffic. The most important new railways opened have been the Harrow to Uxbridge E^rtension of the Metropolitan, and the Newcastle Extension of the North Eastern. The following table shows the principal extensions, Ac., opened in the United Kingdom during 1904 : —
Caledonian
East A West Yorkshire Union
GlasfEOw and South Western..
Do. do.
Crreat Morthem and City
Great Western
Do
Metropolitan
Midland
North Eastern
Soath Eastern and Chatham...
Newton to Cathcart
Leeds Midland Station to Robin
Hood
Riccarton Loop Line
Darvel and Lanarkshire Line
City (Finsburji Pavement) to
Flnsbury Park
Acton tu Greenford and Northolt
via Park Royal
Honeybonme to Broadway
Harrow to Uxbridge
Welsh Harp to Cricklewood
Newcastle Extension
Chlslehorst — Bickley loop
When opened Jan. 6th
Jaa. 4th.
July Ist.
Feb. 14th.
Oct. Ist. Aug. Ist. July 1st.
July 4th. July Ist.
MlB.
5 9
6
5
H
35
The direct mileage and sidings of the United Kingdom is estimated at 50,693 miles. The following shows the mileage open in the United Kingdom at the commencement of 1905 : —
Single lines
Double lines
Three lines
Four or more lines
Total.
England and Wales
Scotland
Ireland
Miles
.M97
9,244
194
930
Miles
•2,169
1,451
22
27
Miles
2,638
632
• ••
• ••
15,565
3,669
3,270
United Kingdom
Miles""
10,004
11,327
216
957
22,504
There is every probability that during 1905 and 1906 there will be a considerable amount of railway construction throughout the country, particularly in the neighbourhood of the important towns. Already there have been deposited for the next Session of Parliament, bills for extensions of the Kent and East Sussex Railway, Great Northern, Piccadilly and Brompton, the Barry Rail- way in Monmouthshire, a new railway in North London, &c. The system introduced of tapping the agricultural districts and
XVI.
BBVIEW OF THE RAILWAY YEAB.
small towns by a service of motor cars has been extended, and having met with success, may be expected to be still further developed in the future. The following table summarises in brief form the mileage, oamtal, receipts, and expenses, etc., of the railways of the United Kingdom in 1908 compared with 1902 : —
Summary of the BIilsaoe, Capital, Tbaffio Bvokifts, Working Expknse8» AND Net Eabktnos of the Railways of the United Kingdom
nr 19Q2 and 1908 compared.
Mileage
Of whioh is double or more.
Capital
Amount included in the foregoing
which is nominal only
Ordinary Capital
Amoimt included in the foregoing which is nominal only ,
Receipts : — Passenger Traffic.
Goods Traffic
Miscellaneous ...
1903
22.435 12.500
£ 1.245.029.000
191,255.000 472,507,000
87.009.000
Total
Working Expenditure
Net earnings
Proportion of net earnings to capital. . Dividend paid on ordinary capital
47,968.000
55.111.000
7.81O.O0O
1903
INCREASE IN 190S
22,153 12.350
£ 1,216.861.000
189.384.000 461.927.000
85,700.000
Amount
110,889,000 68,562,000
42,327,000
Per cent. 3*40 3-29
£ 47.393.000 54.669.000 7.408.000
109,470.000 67.841,000
41.629,000
Per cent. 3*42 3-32
283
150
£ 28.168.000
l,8n.000 10.580,000
1.309.000
£
575.000 442.000 402.000
1.419.000
Per
oent.
1-3 1-2
2-3
1-0 2-3
1-5
12 0-8 5-4
1-3
721,000 1-1
608.000
'H^
U-
17
OFVICIAD CHASrOES Ain> NEW APPOINiaCEMTS. XVU.
h.-
OFPICIAIi CHANGES AND NEW APPOINTMENTS.
The following changes in the personnel of the administrative have oociored dating 1904 : —
FROM
TO
Abbott, Gooiige....^ AAbmbbohl, J. B. ... ADen, A. W ....
BArringtOD, CnAer Biibop, J. ..HM.^ BlKkalUG. W
BOWuMFf ur. ..«• -MS...
Brooks, ti. W...M. Bollock, E. . ...
•••••••••
••«••••
BnOoektB. Gaiter, Jooopb. Clarke, J.
•••••••••••••••a*
Coe. W. C. R
ConlCfaard, W.
Cowie, James .....m..
DSTid, J1L..MM.M.
DaTieSfR. Day. G- ...
Day. Georg« .....
Deelev, R. M. ... EUis^ R. F. ......
Evans, Henry...
Uist. Snpt. (Charinr
Cro88)S.£.R. (rettred)l Midland { Loco. Snpt, Maryport and Car-
Asst. Aoct., Midland ...
Saperintendent of Line, Gt. Western (retired)
Accountant, Northern Coonties Committee (Midland)
lisle
Asst. (Indoor) to Manager, Midland
General
AssL Sec.. London North Western
and!
Mineral Manager, GreatI Northern (retired) '
Auditor, East Indian (retired)
New Works Eng.. Gt Western Chief Accountant, Midland
Solicitor, Great Southern and Western
Secretary, London and North Western
Div. Engineer (Gloucester), Great Western
Dist. Goods Manager (Birming- ham) Great Western
Loco. Supt.. Maryport
and Carlisle (retired) Traffic Man., Northern
Counties Committee «
(Midland) Traffic Man., Rhondda
and Swansea Bay
Auditor, East Indian Secretai7,Metropolitan District Hotel Manager, Belfast and
County Down Gen. Man., Timoleague and
Courtmacsherry Extension
Gifford, G. J. .. (Hll, W- R
Good, R. H.
Assistant Snpt. of Line,
Great Eastern Chief Goods Manager,
Glasgow and South
Western Dlst. Man.(Nottingham)
Great Northern Sec., Northern Counties
Committee, Midland
(retired)
Gen. Man. and Sec., Northern Counties Committee (Mid- land)
General Manager, Rhondda and Swansea Bay
Sec., Leeds and Llverix)rl Canal
District Manager (West Riding Division), Great Northern
Dist. Matmg^er (NottinghamX Great Northern
Loco. Engineer. Midlnnd
Snpt. of Line, Great Eastern
Chief Goods Manager, Midland
South Eng., representing Great Northern
Grierson, W. W. Harvey, G
Haywood, W. R. Heard, W. W
Sec London and North' Western (retired I
Engineer, Corlv, Blaclcrock, and
Pasna^e Engineer. Great Western District (Dundee) Traffic Supt.,
Caledonian
Asst. Sec., Brecon and Merthyr Tydfil Junction
XVUl.
OFFIOIAIi CHANGES AND NEW APPOINTMENTS.
NAXK
Hiley, E. H.
Hitchmoagh, E. C.
Inglis, J. C
Irvrin, A. S
Jessap, Q
Johnson, S. W. Lamond, C
McDonald, Alex. Mac Donald, G. . Madden, M.
Jlaiden,L. W.. Mandeville, M. 3f arsh, D. E. ..
Moore, C. A... Moorhonse, C.
Morris, J. , Jlorris, S.,
Morton, J. W... Pakeman, F. C. Pinion, James .. Price, H. R
Reid, W. P. ..., Rendell, T. H. ,
Robinson, John Scalf e, E. A
Sharpe, M... Sides, J. £..
nox
TO
Tatlow, F
Walker, J
Walker, James
Wedgwood, R. L
Wells, E. W
Whittle, WiUlam
Wildsmith, C. £
Williams, Alfred ^
Young, John
North Eastern.
Chief Eog., Gt Western
Looo. Engineer, Midland
(retired) Accoantant, Highland
(resigned)
Midland
South Eng., representing
Gt. Northern (retired) Chief Goods Manager,
Gt. Western (retired) Dist.Eng.(Inchlcore) Gt
Southern & Western Asst. Loco. £ng.. Great
Northern
Traffic Sapt., Belfast and
County Down Solicitor, Lancashire and
Yorkshire (retired) Asst. Supt., Gt. Western Div. Supt. (Penzance),
Great Western Dist. Man. (West Riding
Div.), Great N orthem Goods Agent, Midland,
Manchester Gen. Man., Belfast and
County Down Secretary, Brecon and
Mejjthyr Tydfil June
Chief Asst. to Gen. Man
Great Western Glasgow and South
Western District Goods Manager
(Birmingham), G. W.
Midland
Asst. District Manager,
Great Northern District Supt., North
Eastern Asst. Gen. Manager,
Midland (resigned;
District Goods Manager (Plymouth), G. W.
Sec, Leeds and Liver- pool Canal (retired)
Gen. Man., Glasgow Cor- poration Tramways
Chief Passenger Agent, Great
Northern Auditor, Clonakiltj Extension Gen. Manager, Great Western Registrar, Great Northern District Pass. Supt. (Norwich),
Great Eastern
Accountant, Highland Engineer, Cambrian
District Engineer (Cork), Great
Southern and Western Looo., Carr., and Wagon Eng.,
London, Brighton, and South
Coast Manager, Belfast and County
Down
Supt. of Line, Great Western Div. Supt. (Exeter), Great
Western Mineral Manager, Gt. Northern
District Goods Manager
Manager, Cheshire Lines
Sec. and Gen. Man., Brecon and Merthyr Tydfil Junction
Loco. Supt., North British
Chief Goods Manager, Great Western
Chief Goods Manager, Glasgow and South Western
District Goods Manager (Ply- mouth), Great Western
Secretary, Valeof Rheidol(light)
District Engineer (Inchicore), Great Southern and Western
Asst. (outdoor) to General Manager, Midland
District Goods Manager (Liver- pool), Great Northern
District Goods Manager (Liver- pool), Great Northern
Secretary, North Eastern
Chief Acct., Metropolitan
District Dist. Goods Manager (Bristol) .
Great Western
General Manager, Metropolitan District
OBITUABY.
OBITUARY.
XIX.
The deaths of the following gentlemen associated with railway companies have occnized since the last edition of the Manual was pfabtished : —
Nams
Banks, G ^....
Bell, Sir Lowtbian..
Curflho, Antonio.....— «••«•
Clements, Colond .......
Cork, Earl of.
Diekson, J.
••••••••
Forbes, J. 8.
.... ... ... ... . . ^w
Foster, A* B. .——..—< OaD. John » .—.......
vainoC C ^«».... ....».—
Le Marquis des Roys .... Lnapa, Ant<Hiio Texcira,
de Lopes. Rigbt Hon. Sir M. .
McDonald, J. A
MeGorem. T., ILP. May, Dr. J
Mddrun. DaTid..........^..
Maagrare. Sir J ,
Neilson, Colonel ..-
* •oyca ^ 31* K« •••••••••••••••
Bidlcy. IHaeovnt....
Sak, Sir T
Senhoaie, H. P
'*mith, J
Sunjforth, G. W
■ •••••••■
VatcoDcellos, Antonio.
Waller. Thomas
Wbyte, «J, .....................
Wilkinson. C. N....... .......
Wilkinson. Colonel J
WUsoo, W. BL..-
I wvn^, \f, i>. 1 ................I
Office
COMPAKT
Asst. Passenger Sapu ... Depnty-Chalrman
President
Director...
Director
Auditor
Chairman
Director
»•«•••••••
Chairman Director...
General AdTiser. Director.
Manager
Director
Formerly Secretary.
Director.. Manager
Director .-. Director ....
Chief Engineer..... Baronial Director Director
Manager.., Ctiainnan
Director
Inq>ector-General Chairman
Chairman
Deputy-Chairman
Director
Chief Goods Manager.
General Secretary
Director
Director
Secretary
Director
Member of Committee...
Director
Lancashire and Yorkshire North Eastern
Portuguese Royal Gavan and Leitrim Great Western
London and South Western
Rhymney
Central Uruguay of Monte Video A kindred Companies
London, Chatham, and Dover
Hull, Bamsley, and West Riding
South Eastern and Chatham
Great Northern
Brecon and Merthyr Tydfil
Junction Regent^s Canal and Dock Midland Great Western
De la Province de Santa Fe Portuguese Royal
Great Western
Belfast and County Down
Midland
Cavan and Leltrini Plymouth, Devonport, and South Western Junction Cheshire Lines Donegal
Callander and Oban
Egyptian Government Rail- ways North Eastern
North Staflfordshire
Maryport and Carlisle
Rhymuey
Loudon, Brighton, and South
Coast Portuguese Royal
Horncastle
Great North of Scotland North Eastern North Staffordshire Northern Counties
Manila
GENERAL INDEX.
*•* For Gompuiies Amalgamated, Owned. Leased, or Worked, other than thoi mentioned below, and for particulars relating to those from whom no recent ioformalio has been receiTed, see Supplkmkntary Indbx. page xxt.
UNITKD KINGDOM.
PA»K
Alexandra (Newport and South Wales)
Docks and Railway 1
Arbroath and Forfar 2
Ayr and Maybole Junction 3
Baker Street and Waterloo 3
Bala and Festiuiog 4
Ballycastle 5
Barry 6
Belfast and County Down 8
Bessbrook and Newry 11
Bideford, Westward Ho ! & Appledore 11
Birkenhead U
Brechin and Edzell District 12
Brecon k Merthyr Tydfil Junction — 13
Bridgwater 14
Brighton and Dyke 15
Budleigh Salterton 16
Burry Port & Owendreath Valley 16
Caledonian 17
Callander and Oban ^
Cambrian 27
Cardiff 30
Garrickf ergus Harbour Jimction 31
Cathcart District 31
Gavan and Leitrim Limited 32
Central London 33
CharingCro88,Eu8ton,&Hamp8tead — 35
Charuwood Forest 36
Cheadle Railway Limited 36
Cheshire Lines 37
City and South London 39
Cleatur and \V orkiugtou Junction 41
Clogher Valley 42
Clonakilty Extension 43
Cockermouth, Keswick. & Penrith — 43
Colne Valley and Halstead 45
Cork, Bandon, and South Coast 46
Cork, Blackrock. and Passage 47
Cork and Macroom Direct 48
Cork and Muskerry Light 49
Corringham 49
Corns 49
Crowhurst, Sidley, and Bexhill 50
Deame Valley 50
Didcot, Newbury, & SouthamptOD 51
Donegal 53
Donoughmore Extension Light 55
Dornoch 55
Dubliu and Kingstown 56
Dublin, Wicklow, and Wexford 56
Dundalk. N ewry, and Greenore 59
Dundee Suburban 60
Ealing and South Harrow 60
Easingwuld 60
East London 61
East and West Junction 62
East and West Yorkshire Union 63
Easton and Church Hope (Portland). . 64
Edinburgh and Bathgate 65
Evesham, Redditcfa, and Stratford-
upob-Arou Junction 65
.Exeter 66
Festiniog d<
PAO]
Ushguard and Rosslare Railways and
Harbours 8t
ForthBridge 6(
Forth and Clyde Junction 74
Freshwater. Yarmouth, and Nawpmrt
(Isleof Wight) n
Fumess 72
Garstang and Knot End 76
Giant's Causeway, Portnudi, and Budk
Valley 716
Gifford and Garvald 77
Glasgow District Subway 77"
Glasgow ana Kilmarnock Joint 78
(Uasgow and Paisley Joint 78
Glasgow and Renfrew District 7t
Glasgow and South Western 79
Gorsedda JuncMon and Portmadoc 87
Great Central (late Manchester, 8h^-
field, and Lincolnshire) Sf
Great Central and Midland Joint 96
Great Eastern 9^
Great Northern 106
Great Northern (Ireland) U7"
Great Northern and City 122
Great Northern and Great Eastern
Joint Committee 12S
Great Northern and London and North
Western Joint Lines 124
Great Northern, Piccadilly, and
Brompton 12*
Great North of Scotland 125
Great Southern and Western 130
Great Western 135
Halesowen 150
Halifax and Ovendeu 151
Harbome 151
Harrow and Uxbridge 151
Hastings Harbour District 152
Highland 152
Homcastle liT
Hull, Barnsley. and West Riding
Junction 158
lien Valley 160
IrIc of Man 161
Isle of Wight 162.
Isle of Wight Central 16$
Jersey Railways & Tramways Limited 164
Kent and East Sussex Light 165
Killin 165
Kilsyth aud Bonny bridge 166-
King's Lynn Docks and Railway 166
Lambourn Valley 167
Lanarkshire aud Ayrshire 168
Lanarkshire and Dumbartonshire 169
Lancashire, Derbyshire, and East Coast 170
Lancashire and Yorkshire 172
Lauder Light 180
Leek and Manifold Light 181
Limavady and Dunglven 181
Liskeard and Caradon 182
Liskeard and Looe 182
LiTerpool Overhead Railway 183^
Liverpool, 8t. Helens, and South
Lancashire 184
UwjBndmT ui Loofli Swdl).. '.
Souihpurt u.a Chotaln Udm ]
■inu ihmM
r to HL Kb* Onrl »
»■! 1iilMarthBM> tUBuia MiJamrtkWi
mhM. PufbttdAire, and Bnoaaima
jM>»tb Mrf Monh Fihi
■■■■■V Pp-Mtin. and 8». Lawrmee.. KS
JiiJMk Ma angptt Johrt MS
Tiw^njl Ml tad BBOIniT Jimctit- ~' XnttR&K
Ui WMtem" Jmajon .. m dim ~
iDd
h W»lf ud Unrpool Bailwur
Biid llalliillKWtllT ■
D"n8i^'Li^ht....','.;;'.'.;
iViilia
Wick »nJ li7b«iir .
INDIA. eOTPT, and tba COU>NIBS.
Jlitrta Railway and iTriEKtiOD 30
^fcducJwHti
XXll,
GENERAL INDEX.
PAOE
Emu Bay and Mount Bifichoff 385
Federated Malay States 385
Grand Trunk of Canada 386
Grand Trunk Junction 391
Grand Trunk Western 391
Great Indian Peninsula 392
Gold Coast 383
H.H. The Nizam's Guaranteed Stat« .. 394
Indian State and Guaranteed 395
Madras 397
Mashonaland i- 398
NatalState 398
Natal-Zululand 399
New South Wales State 400
New Zealand Midland 402
New Zealand State 403
Pondicherry 404
Pretoria-Pietersburg 405
Quebec and Lake St. John 405
Queensland State 406
Rhodesia 406
Bohilkund and Kumaon 407
Sierra Leone 408
South Australia State 409
South Behar 409
South Indian 410
Southern Mahratta 412
Southern Punjab 413
St. Lawrence and Ottawa 415
Sudan State 415
Tasmania State 415
Trinidad State 416
Victoria State 417
Wellington and Manawatu 417
West of India Portuguese Guaranteed 418
UNITED STATES.
Atchison, Topeka, and Santa F^ 419
Baltimore and Ohio 420
Chicago and North Western 421
Chicago, Milwaukee, and St. Paul 421
Cuban Central 422
Denver and Rio Grande 423
Detroit, Grand Haven, and Milwaukee 424
Erie 425
Illinois Central 426
Louisville and Nashville 426
Missouri, Kansas, and Texas 427
New York Central and Hudson River 428
New York Ontario and Western 428
Norfolk and Western 429
Northern Pacific 430
Pennsylvania 431
Reading (Philadelphia and Reading). . 433
Southern 434
Union Pacific 435
FOREIGN COUNTRIES.
Alcoy and Gandia 436
Algeciras (Gibraltar) 436
Antofagasta (Chili) and Bolivia 437
Argentine Great Western 438
Argentine North Eastern 440
Argentine State 441
Arica and Tacna (Chili) 442
Austrian State 443
Bahia-Blanca and North Western — 443
Belgium State 444
Bilbao River and Cantabrian 444
Brazil Great Southern 445
PAOE
Buenos Ayres and Pacific 417
Buenos Ayres and Boaario 4IS
Buenos Ayres and Valparaiso Trail-
sandine 4GI'
Buenos Ayres, Einaenada, and 8<mUi
Coast 1B^
Buenos Ayres Great Southern 4M
Carrizal and Cerro Blanco 1^
Cartagena Magdalena 4Bv
Cartagena Terminal and Improrement 4Bf
Central Bahia . . .-. 45B
Central Uruguay Eastern Extension. . 488- Central Uruguay Northern Extension. 4BI
Central Uruguay of Monte Video. Ml*
China 4»
CondeD'Eu 4fS^
Copiapo (Chili) 4M
Cordolxa Central 40S
Cordoba and Roaario 469
Conlova and North Western ^
Costa Rica 171
Danish State m
Demerara 47S
East Argentine 0i
Eastern of France 4lS
Entre Rios 47S
Espirito Santos and Caravellas 08
France ^Bf
Francs Syndicate 4EiS
French Company of the Province of
Santa F6 : ^T
Geruian East Africa 47S
German State 4S!$
Great Southern of Spain 4n
Great Western of Brazil 49
Guatemala 48t
Guatemala Central 48S'
(Tuayatiuil and Quito 4&
Hungarian State 4M
Imi>erial Ethiopien 484
Interoceaiiic of Honduras 48(
Interoceanic of Mexico (Acapulco to
Vera Cruz) 485
Italian Comi)any of Sicily 487
Japan 487
Leopoldina 488
Lima iJBO
Manila 491
MetroiK)litan of Constantinople 482
Mexican 40S
Mexican Central 4S6
Midland Uruguay 497
National of Mexico 48$
Nicaragua State 4M
Nippon 499
North Eastern of Uruguay 409
Northern of France 509
Northern of Spain 501^
Ottoman of Anatolia 501
Ottoman, Mersina, Tarsus, Adana 502*
Ottoman, Smyrna to Aidin and
Dinair SOS*
Ottoman-Smyme-Cassaba et Prolonge-
ment (Extension) 504
Pacitic of Costa Rica 504
Panama 504
Paraguayait Central 50&
Paris, Lyons, and Mediterranean .... 506
Paulista 506
Pineus, Athens, and Peloponnesus. . . . 507
Rio Claro Sao Paulo 508
Royal Portuguese 608
Royal Sardinian 509
Salvador 610t
San Paulo 511
ZnV. ADVBBTISEMEirrS.
in every form plain and printed.
Pnplioinls
forticl(ets in every size.
London office:
ULLMANN & COMP., Aitcarbe (Germany) c^^nonsfrSet ex.
Tickets
ROLLS & COMPANY Ltd.,
VARNISH & JAPAN MANUFACTURERS,
POOLE STREET, NEW NORTH ROAD,
9
EDIMONTON, MIDDLESEX.
Ill
UBERG-GKIFFIN
PORTABLE RAILWAYS,
'9
TURNTABLES,
A2, SOUTHWARE BRIDGE ROAD, LONDON, S.F
SUPPLEMENTARY INDEX.
Naxx.
With or bt what Comtavt Akauia-
MATKO. OWXKD, TiKO»KD. OK WoMUlK
OR WHKRX Pabticulars XAT OnHtB- wuB BE F(Hnn>.
M 9
■<
Abbotebmy Great Western
AbevdM« XiEffVale
Aberdeen 'Incorporated by act Slat Jalj, 1M&;
mmmjgaintted with GaledoniMi bf
«Gt Ah jQlj. 1861.
f or 188SL page 37
Great North of Scotland North British
See Mahual
136 337
IX
368 28
Aberdeen and Tnrriff
Aberiady. GnDane. andNorth Berwick
Abeiytwf th and Weiah Coast Cambrian
Abiiwdan jGreat Western.
. for 1904, page 3
Aboyne and Bkaonar [Great North of Scotland i 126
[See Manual for 1904, page 438 1
See also Manual
jGreat Western
Atfop^YaUcj 'Great North of Scotland
Alloa... ^ [Caledonian
Alra "
Alyth
Andover and Bedbridge .
Amif^wj Cmtral
Annan Waterf cot Bock and BaUway
and St. Andrews.
Aahbj and Nuneaton
i Jnuetion.
AtheniT and Toam
Atlantic and Great Western .
Aylesboxy and Bockingham . . . Aylesbmry and Birkmansworth.
Ayr and Maybole Junction
Ayrshire and Wigtownshire ...
Bahia and San Francisco.
Bala and Dolgelley
BalHnghay and Metheringham light.
Baflochney
Balhrclare; Ligoniel, and Belfast Junction
Ballymena and Lame
Ballymena and PcMt^enone
Ballymena, Ballymoney, Coleraine, and Port- rush Junction
BaDymena, Cushendall, and Bedbay . Baltic ,
Baltimore Extension
Banbsidge Extension
Banbridge JuncUon
Banbsidge, Usbnm, and B^ast
Banbridge. Newxy. Dublin, & Belfast June.
North British (Edinburgh k Glasgow) See Manual for 1882. page 271 ... .
Caledonian
London and South Western. See Manual for 1904, page 191
London and NorUi Western
Incorporated by act 11th Angwt. 1881 ; diasolTed hjf Caledonian Act 1889. See Manual for 1889, page 5
North British ."...
No recoat information — ftresnmably rested in the Belgian Goremment. See Manual for 1882. page 370 ... .
London and North Western and Mid- land. See Manual for 1881 p. 194
See Manual for 1900. page SOS
See Manual, for 1900. page 306
New York. Pennsylvania, and Ohio. See BiANUAL for 1897, page 553 ....
Mettx>politan
Ditto
Glasgow and South Western
Ditto ditto
Purchased by Brazilian Government.
See Manual for 1903, page 454.
Great Western
Incorporated by act 16th July, 1883; abandoned by act 30th April, 1888..
North British
Incorporated by act 22nd August. 1S82 ; abandoned by act 6th August, 1885. Amalgamated with Midland from 2l8t July, 1903. See Manual for 1903,
page 13
Incorporated by act 11th August,
1879; abandoned by act 4th June,
188^. See Manual for 1886, page 11
Amalgamated with Midland from 2l8t
I July, 1903. See Manual for 1903,
' page 13
! Ditto ditto
lExpropriated by Russian Govt., 18M.
See Manual for 1883, page 350
Cork, Bandon, and South Coast
Great Northern (Irelaud)
Ditto ditto
Ditto ditto
Ditto ditto See Manual for 1882, page 123
137
196
18
19
203
268
231 231
81 81
137
270
46 117 117 117
XXVI,
SUPPLEMENTARY INDEX.
Name.
Banbury and Cheltenham Direct. Banchory and Abojme
Banff, Macduff, and Turriff Extension
Banffshire
Bangor and Carnarvon
Banstead and Epsom Downs
Bantry Extension
Bantry Bay Extension
Bamoldswick
Barnstaple and Dfracombe
Barrmill and Kilwinning
Barry
Bawtry and Trent Railway and Dock
Bay of Havana
Bay of Havana and Matanzas Bechuanaland
Bedford
Bedford and Oambridge . . . Bedford and Northampton.
Belfast Central
Belfast and Ballymena
Belfast and Northern Counties.
Belfast, Holywood, and Bangor
Belfast, Strandtown, and High Holywood
Belgian Eastern Junction
Berks and Hants Extension
Berwickshire
Beverley and East Riding. . . .
With ur by what Cumpaxy Amaloa-
MATED, OWKKD, LbaBEO), OR WORKBD, OR WHKRK PaRTIOUIiARS MAY OTHER- WMB BK FOOHD.
H
e
Bexhill and Rotherfleld
Bexley Heath
Bideford and Clovelly
Bideford Extension
Birkenhead, Chester, and North Wales . . . .
Birkenhead, Lancashire, and Cheshire June. Birmingham, Bristol, and Thames Junction.
Birmingham and Derby
Birmingham and Gloucester
Birmingham and Henley-in-Arden
Birmingham and Liohiield Junction
Birmingham, North Warwickshire, and Stratford-upon-Avon
Birmingham West Suburban
Birmingham, Wolverhampton, & Stour Valley
Bishop s Castle
•Bishop's Castle and Montgomery
Great Western
Great North of Scotland, see M A.N u AL
for 1882, page 130
Great NorUi of Scotland
Ditto ditto
[jondon and North Western
London, Brighton, and South Coast. . Cork, Baodon^ and South Coast .... Ditto ditto
Midland
London and South Western
Lanarkshire and Ayrshire
Incorporated by act 5th July, 1865;
abandoned by Board of Trade Oer
tiflcate 1878-9. Re-incorporated In
1884. See Gen£RAL Index
Incorporated by act 1881 as the Rother
ham and Bawtry ; abandoned by act
6th August, 1885
See MANUAL for 1904, page 522 ...., See Manual for 1904, page 522 .... , Name changed to Rhodesia, 1st June,
1899
London and North Western. See
Manual for 1882. page IM
London and North Western
Midland
Great Northern (Ireland)
Amalgamated with Midland from 2l8t
July, 1903. See Manual for 1903,
page 12
Midland; see also Manual for 1904,
page 12
Belfast and County Down
Incorporated by act22nd August, 1881 ;
abandoned bv act 6th August, 1885.. No recent information — ^presumably
vested in the Belgian Government.
See Manual for 1882, page 370 ... .
Great Western
North British
Incorporated by act 30th Aiigust, 1889; abandoned by act 21st July, 1891.
See Manual for 1891, page 19
See Manual for 1904, page 13
South Eastern
See Manual for 1904, page 13
Loudon and South Western
Incorporated by act 5th August, 1873;
dissolved by act 28th March. 1878 . ,
Birkenhead
West London ,
Midland
Ditto
Great Western ,
Incorporated by act 6kh August^ 1872
See Man u al for 1881, page 19
Great Western
lar
Bishop's Stortf ord, Dunmow, and Braiutree.
Midland
London and North Western
Incorporatedby act of 28th June, 1861.
Incorporated by act 7th August, 1884 ; abandoned by act 5th July, . 1887 See Manual for 1887, page 20
Great Eastern. See Manual for 1904, page 99
London and South Western
Lancashire and Yorlcshire
126 126^ 203 188 4& 46 242 210
lea
Bishop's Waltham
Blackburn
Blackpool and Lytham I London & North Western and Lanca- shire and Yorkshire (Preston and 1 Wyre) 203,
20S 242 118
137" 268
325
sii
352 241 941 137
137
243 203
m
174
175-
feUPPLEMENTABY INDEX.
XXVll.
Namc
I With ok bt what Cokpakt Amaiaa-
I KATB0, OWHED. LKABBD, OK WoKXKD, OK WHBKB PaKTICTTLAKS MAT OTHBK-
WI8E KB Found.
c
iraU
ireU and Cnuasley
VaUey
andl^e
in
in and Wadebridge ,
in and Wadebridge and Delabole
<r.
211
18»
r Oonnties
i, Sleaf ord, and Midland Connties
and Eesendine
m-on-the-Water
nd, Eccleshill, and Idle
osd and Thornton
ag Harbour
otina (Brazil)
md Enniakerry Light. . . . lod and WolTerhampton
i oi Weir
gfwater Narigation Limited
Oft
tan
tain, Bottingdean, & Newharen Direct.
land Exeter
1 and Gloucester
1 Harbour
1 and North Somerset
1 and Portishead
1 P<Hrt Bailway and Pier . v I and South Wales Union
ey i>irect ,
urn
lawr and Blaecaron
lawr and Western Valleys
astleigfat Totnes, and South Devon finrtiAin and Brackley
ass
10» 109 137 10» 109
81
137
187
agfaamsbire. ey
« Ayres and Ensenada Port, w Ayres Nortnern
ey, Clitheroe, aud Sabdeu
Port and North Western Juaction .
St. Edmunds and Thetford.
and ToUington District.
Great Eastern 10?
Midland. See Manual for 1881,p. 256
North British 268
NorthEastem 281
Incorporated by act of 6th Augtist,
1864. See Manual for 1881, p. 21..
London and South Western
Incorporated by act 5th August, 1873 ;
abandoned and wound up under act
28th March. 1878
London, Brighton, and South Coast. . Yestedin theQuebradaRailway,Land,
and Copper Company Limited. See
Manual for 1883, page 438 .. .
North British
Great Northern
Ditto
Great Western
Great Northern
Ditto
Incorporated by act 7th Augast, 1874 ;
opened 27th May. 1882
Acquired by San Paulo in 1903
See Manual for 1904, page 14
Incorporated by act i6th July, 1874 ;
abandoned by act 23rd May, 1879 . .
Glasgow aud South Western
See Manual for 1900, page 547
Great Western
London, Brighton, and South Coast. . Abandoned by act of 31st July, 1895.
See Manual for 1S95, page 25
Great Western
Midland
Great Western
Ditto
Ditto
Great Western and Midland . . .
Great Western
South Eastern
North British
Londou and North Western
Vested in the London and North
Western aud Great Western by act
of 1902
Great Western
London and Nortb Western. See
j Manual for 1882, page 195
.London and North Western
'Incorporated by act of 14th June, 1860. I Transferred to Great Central by acti
22nd July, 1904. See Manual for
1904, page 18
Buenos Ayres Great Southern
Central Argentine. See Manual for
1904, page 455
jlncorporated by act 25th June, 1886 ;
abandoned by act 22nd May, 1890. I See Manual for 1890, page 29 . . jlncorporated by act '27th June, 1876; i abandon ed by act 12th August, 1889 I See also Manual for 1889, page 31 Great Eastern. See Manual fori
1904, page 99
Lancashire and Yorkshire |
Caledonian
137 241 138 138 138 138 138 295 268 203
138 138
203
454
ooian and Dumbartonshire Junction.
102
174
19
North British (Edinburgh & Glasgow) See Manual for 1882, page 271 .. .
Great Western. See Manual for 1892, page 40, and previous editions
XXVUl.
SUPPLEMENTARY INDEX.
Name.
With ok by what Coxpaitt Amaloa-
MATBD. OWVBD, LBASBD, OK WORKED, OR WHKRB PaRTICOLARS MAT OTHBR- WT8B BB FoUKD.
e
-Canada Southern
Cannock Chaae
Oannock Chase Extenaion
Cannock Chaae and Wolverhampton
<:!annock Mineral
Cape Town and Suburban Limited
■Cardiff and Ogmore Valley
Cardiff, Penarth, and Barry Junction
Carlisle and Silloth Bay
Cariuajrthen and Cardigan
Carnarvon and Llanberis
Camarvonrtiire
■Camatic
Carrickf ergus and Lame
Castle Douglas and I>umfries
Castleisland and Gtortatlea
Caterbam
Caterham and Godstone
Central of Ireland
Central Pacific
Central Wales
Central Wales and Carmarthen Junction . . .
Central Wales Extension
Chard
Chard and Taunton
Charing Cross
Charing Cross and Waterloo Electric
Charlestowu
Cheadle (SUffordshire) ,
Cheddar Valley and Yatton
Cheshire Midland
Chester and Birkenhead ,
Chester and Holyhead
Chester and Wolverhampton
Chesterfield and Brampton
Chicago and Grand Trunk
Chichester and Midhurst
Chipstead Valley
City and Brixton
City of Dublin Junction
City of Glasgow Union
City of London and Southwark Subway . . . .
Cincinnati, Saginaw, and Mackinaw
Clacton-on-Sea
Clara and Banagher
Cleveland
Cleveland, Columbus, Cincinnati, and In dianapolis
Great Western of Canada. See Manual for 1881, page 451 ; 18KS, page 443: and 1883. page 423.
London and North Western
InccHrporated by act 39ih June, 188S ; abandoned by act 16th AiHril. 1878. .
See Manual for 1878
London and North Western
Not floated. Sre Manual for 1889, page 389
Llynvi and Ogmore. See Manual for 1883. page 173
Taff Vale. See also Manual for 1889,page46
North British
Great Western
London and North Western
Ditto ditto
South Indian Limited
Amalgamated with Midland firom 21st July, 1903. See Manual for 1903. page 13
Glasgow and South Western
Great Southwn and Western
South Eastern
Incorporated by aet 13th July, l^ft. See Manual for 1881. page 50
Waterf ord and Central Ireland. See BiANUAL for 1900, page 304
Leased in 1893-3 to the Southern Paoiflc and since has formed part of that undertaking. For past parUouUurs see Manual for 1893, page 541 ..,
London and North Western
Ditto ditto
Ditto ditto ,
London and South Western
Great Western. See BiANUAL for 1882. page 137
South Eastern
Incorporated by act of 1883 : aban- doned by act 16th July, 1885
North British (West of Fife). See Manual for 1882, page 376
Incorporated by act 22nd July, 1878 ; abandoned by act 12th July, 1882. See M4NUAL for 1882, page 6S ....
Inoorporated by act 14th July, 1854 ; transferrea to the Brisu>l aod Exuter by act of 19tb June, 18^ See Manual for la&i, page 137. . . .
Cheshire Lines
Birkenhead
London and North Western
Shropshire Union
Midland
Grand Trunk Western
London, Brighton, and South Coast. .
Vested in South Eastern. See Manual for 1902, page 45 ,
See City and South London
Dublin, Wicklow, and Wexford .....
Glasgow and South Western and North British 81,
City and South London
Grand Trunk of Canada
Great Eastern
Great Southern and Western
North Eastern
See Manual for 1904, page 499
SOS
138
sn sn
4lt
81 131
m
9QB 90S
su
38 12 303 318 243 391 188
40 57
39 386
Iffi
m
SUPPIiEMENTABY INDEX.
XXIX.
Samk.
With or bt what CourAsr a«alga- .
MATED, OWVKO, LBAABO. UK WoSKBO, , OR WHBSB PARTICl'lJiRS MAY OtBBK- |
WISE BE ForvD. I
Ph iiiliml rit> iminii Mineral ^Abandoned. For prerfomiMrticidani
' see Manual for 18d8. page 50
CInmnri and Pinriea Great Southern and Western. Seei
BiANUAL for ISOipage 119 !...»
nifde, Ardriflhaic andCMnan | See Manual for 1902. page 49
Q|d«admle Guaranteed 'Caledonian .' 19
Cbdf dale Junction ! Ditto 19
ODckenBoafth and WOTkington jLondon and North Western 203
Stour Valley, Sodbory. and Great Eastern ,102
Oolefdrd
Culeftud, If onmooth, Usk. and Pon^pool . . OoffioftMiame and Aron Valley
OoBwaj and Uannrst
Ootk and Bandon
OoikaDd Fennoy and Waterford and Wex- Cord
Oock Harbour and Corrafl^binny
OockaDd Kenmare
Oock and Kiosale Junction
Oatk and TJmerick Direct
Great Western
Ditto
See Man UAL for 1902, page 51
Fumess
London and North Western
Purchased by the Chilian Gk>Tem-
ment. See Maxual for 1897, p. 308
CorlE, Bandon, and South' Coast
Abandoned. For past information see
Manual for Ift^, page 61
Incorporated by act 25th May, 1871.
See Manual f(N> 1891. page 65
Cork, Bandon, and South Coast
Great Southern and Western
Ditto ditto
Great Western. See also Manual
138 138
73 203
46
for 1889, pages 66-63
ConnpaU Minenis [GreatWestem
SnnraU Mineral and Bodmin and Wade- Md0e Junction
Cbahiidge and Abertfaair
Obucs and Newport
GkMfarook and Paddock Wood.
GatM andComrie
GUcff Junction
CtkM and MethTen Junction. Gkoeeor ana Portmadoc
Ooltbead and Kilmarnock.
Cromford and High Peak. Cropland
46 131 131
138 138
Cnydon
Crofdon, Oxted, and East Grinstead
Ofjalal Palace and South London Junction. QtfB Valley light
Incorporated by act 9th August. 1873 ;
abandoned by act 28th March, 1878.
GreatWestem 139
TaflVale 337
Ditto 337
Irie of Wight Central 163
South Eastern. See alw> Manual
for 1901, page 56 325
Caledonian 19
Ditto a
Ditto a
Portmadoc, Croesor, and Beddgelen.'
See Manual for 1883, page 280 ... .
Caledonian and Glasgow and South
Western ' 81
London and North Western 203
Abandoned. See Manual for 1900,.
page 58
London. Brighton, and South Coast. . ; 187 Ditto ditto ..| 188
London, Chatham, and Dover i96
GreatWestem [ 139
DMtmoath and Torbay DMme and Dove Oanal
DMobe and Black Sea Incorporated under Limited Liabilityl
Act of 1856. Sold to the Roumanian' Grovemment in the latter part of 1882. '
See filAN UAL for 1882, page 373 '
Dv« Valley jTaff Vale ' 337
" ~ " Great Western 139
Transferred to the Sheffield and South. Yorkshire Navigation Co., under the- provisions of the Sheffield and South
Yorkshire Navigation Act, 1894
Great North of Scutland I 12»j
London and North Western ] 203
Great North of Scotland and Cale- donian 21.
This Company is leased to the Denver and Rio Grande at 4U per cent, of the
gross receipts
London and North Western (Cannock Mineral). See BIanual for 1882, page 195
Deeaide
Denbigh. Ruthin, and Conren Dentaom Valley
Denver and Bio Grande Central
Dcrtfridre. Woreoterahire. and Stafford
127
XXX.
8UPPLEMBNTAEY INDBX.
Naxb.
With ob by what CkiHPAinr Amaixia-
MATED, OWKED, LkaBED, OK WORKED, OK WHBEB PaRTICOLABB MAY OTHER* WISE BE FOCKD.
e
Deny Central
Derry City and County.
DeTon and Cornwall
Devon and Cornwall Central
DeTon and Somerset
Devon Valley
Dingwall and Skye Direct Northern .. Dore and Chinley Dorset Central .... Dover and Deal . .
Incorporated 11th August, 1875. Vested in Belfast and Northern Counties. 1901. See Makuax for 1901, page 58
Incorporated by Act of 1892 : aban- doned by Act of 6th July, 1895 ...
London and South Western
Plymouth, Devonport, and South Western Junction.'
Great Western. See also Manual
Downham and Stoke Ferry
Downpatrick, Dundrum, and Newcastte .... Downpatrick, Killough, and Ardglass (Light) Draperstown
for 1901, page 58. North British
Drumcondra and North Dublin link
Dublin and Antrim Junction
Dublin and Belfast Junction
Dublin and Drogheda
Dublin and Meath
Dublin, Dundrum, and Bathfamham .... Dublin, Rathmines, Kathgar, Roundtown,
Bathfamham. and Rathcoole Dumfries, Lochmaben, and Lockerbie ....
Dunaburg and Witepsk
Dunblane, Doune, and Callander
Dundalk and Enniskillen
Dundalk and Greenore
Dundee and Arbroath
Dimdee and Newtyle
Dundee and Perth and Aberdeen Junction
Dunfermline and Queensf erry
Dungannon and Cookstown
Dunmanway and Skibbereen
Dursley and Midland Junction
Dutch Indian
Dutch Rhenish
Ealing Extension
East Anglian
Eastbourne, Seaford, and Newhaven
Eastern and Midlands. . East Cornwall Siineral
Highland
Great Northern
Midland
Somerset and Dorset
London, Chatham, and Dover, and South Eastern 196,
Great Eastern
Belfast and Countv Down
Ditto ditto
Amalgamated with Midland from 21st July, 1903. See Manual for 1903, page 13
Great Southern and Western
Great Morthern (Ireland)
Ditto ditto
Ditto ditto
Midland Great Western
Dublin, Wicklow, and Wexford
Incorporated by act of 29th July, 1864. 8ee Manual for 1881. page 77
Caledonian
See Manual for 1893, page 351
Caledonian
Great Northern (Ireland)
Dundalk, Newry, and Greenore
Caledonian and North British
Caledonian
Ditto
North British
Great Northern (Ireland)
Hen Valley
Midland
See Manual for 1879, page 434. .. .
Transferred to the State of the Netherlands 15th October, 18M), and the shares since then repaid at Amsterdam. See Manual for 1890, page 354, and previously
Metropolitan District
Great Eastern
Incorporated by act 25th June, 1886 ; abandoned by act of 1893. See Manual for 1893, page 78 ,
Midland and Great Northern
Plymouth, Devonport, and South Western Junction. . . .
North British
211
304
139 268 154 108 243 321
395
102
9
9
118 118 118 251 57
19
21
118
59
19
21 268 118 160 243
236 102
East Fife Central
East Gloucestershire |Great Western
East Grinstead iLondon. Brighton, and South Coast. .
East Kent 'London, Chatham, and Dover. See
I Manual fur 1881, page 191
East Lancashire .Lancashire and Yorluhire
East Lincolnshire Great Northern
East Norfolk Great Eastern
East of Fife North British (Levenand East of Fife)
East Somerset Great Western *
East Suffolk Great Eastern
East Usk Great Western
Eastern Counties Great Eastern
243
304 268 139 189
173 110 103 271 139 102 139 101
■*nH<.B
•m-filBW^ —
A and CiTdKfa VaOqi . . .
...! iHtto :..!!::::; _
...NonJiBritUL SwHAirDulocUOi.
i JnoilSUI ...
!!!Fn*nb Hwbiwr, i>DGt>iidB*dww 31
iQiBtt Western .,
I for IB83, pua m
iDsoipoiWcd V M ud U Vk.. en. IR^ udjrarOiar pann (natad ^
MidUnd....
Habual for WM, IMS m LODdon Bnd Banth^eaMt
Nonta Britisb . . . See Mia UAL loi
lDcorpor&t«ct br act 23nl B^» U
..Fi^rukrd aud Roulare Rlllinjij" ..'Bata»iidFrjrtmiog"!'m;!!;!!!!|;!i„ . . KotUi BrltUh (Eillubutih. Perth, luidl
xxxu.
SUPPLEMENTARY INDEX.
Namb.
With or bt what Goxpaky Auamjoa-
XATCO. OWMKD, LBASKD. OK Wom.XKD, OH WHBRB PAJlTICCI.AKa KAT OtHBR- WI8B BB FODITD.
O
Fishguard and Bosslare Bailwaya
Harbours Fleetwood, Preston, and West Riding .
and Great Southern and Western
Forcett
Forest of Dean Central Forfar and Brechin .... Formartine and Buchan
Forth and Clyde Navigation ,
Freshwater, Yarmouth, and Newport
Fumess and Midland
Galveston, Harrisbiirg, and San Antonio.
Galway, Oughterard, and Clifdeu
Garston and Liverpool
Garveand Ullapool
General Terminus and Glasgow Harbour. . . . Glasgow, Barrhead, and Neilston Direct. . . . Glasgow, Bothwell, Hamilton, and Coat- bridge
Glasgow Central
Glasgow City and District
Glasgow, Dumbarton, and Helensburgh . .
Lancashire and Yorkshire and London
and North Western
North Eastern. See also Manual
for 1892. page 198 ,
Worked by Great Western. See
liANiTAL for 1888, page 94
Caledonian. See Manual for 19Q3,
page 72
Great North of Scotland. See Man
UAL for 1881, page 117 ,
Caledonian ,
Incorporated by act 7th July, 1873 :
abandoned under act 23rd JuJy, 1877 Midland
131
175 281
See Manual for 1891, page 542. ...
Midland Great Western
Cheshire Lines
Incorporated by act 14th August, 189U ;
abandoned by act 24tti August, 1893.
See Manual for 1883, page 96 ....
Caledonian
Ditto .lit.. Hi i . . <
North British
Glasgow, Dumfries, and Carlisle . . . . Glasgow, Gamkirk, and Coatbridge Glasgow and Milngavie Junction . . . . Glasgow, Paisley, and Greenock ....
Glasgow, Paisley, Kilmarnock, and Ajrr
Glasgow, Yoker, and Clydebank
Glencairn
Glengariff Railway and Pier
Gloucester and Dean Forest
Golden Vall^r
GoonlMrrow Branch
Grahamstown and Port Alfred Limited (Gape of Good Hope)
Grand Central of Belgium
Grand Jimction
Granton
Gravesend
Great Grimsby Dock
Great Grimsby and Sheffield Junction
Great Marlow
Great Northern and Western
Great North of England, Clarience, Hartlepool Junction
Great Southern of India
Great Western and Brentford
Great Western and Great Northern Junction
and
Great Yarmouth and Stalham (Light)
Greencaatle and Kilkeel Railway and Pier.
Greenock and Ayrshire
Greeuock Guaranteed
Greenock and Wemyss Bay.
Caledonian
Incorporated by act 10th August, 1882.
See Manual for 188», page 103 ... . North British (Edinburgh k Glasgow),
See Manual for 1882, page 271
Glasgow and South Western
Caledonian
North British 9
Greenock Guaranteed. See Manual
for 1883, page 141
Glasgow and South Western
North British
Incorporated by act 6th August, 1872 ;
abandoned by act 27th June, 1881 . . Incorporated by act 26th Auguist, 1880
See Manual for 1887, pages 106-7. . Great Western
Ditto
See Manual for 1897, page 62
Sold to a Cape Company called the
Kowie Co. Limited. See Manual
for 1896, page 393
See Man UAL for 1882, page 376 : . . .
London and North Western
Caledonian
London, Chatham, and Dover ....
Great Central (M. S. & L.)
Ditto (ditto)
Great Western
Midland Great Western . . . . ,
North Eastern ,
1»
244
25^ 38.
1» 30
269
20
80
19
269
80 269
139 140
South Indian Limited
Great Western
Incorporated by act of 13th August,
1888; abandoned by act 21st July,
1891. See Manual for 1891, page 144 Yarmouth and North Norfolk. See
Manual for 1882. page 368
Incorporated by act 24th JuJ^, 1876 ;
abandoned under act of 1880.
Glasgow and South Western
Caledonian
Ditto
202
21
196
87
87
140
252
281
410 140
81 20 20
SXJPPLEMEXTABY INDEX.
XXXlll.
Xaxk.
With uk by what CoMPAyr Amaloa-
MATED. OWVKU. LSASED, OK WOKKSD. OK WBBKE PaKTICCLAKS KAT OnOK-
wiKE BE Forxu.
a.
\
Cb«eDwJch Doek Bailwaj iSonth Eastern 325
OniK^. Teadon, and Headingley jWound up. See Manual for 1896,
I page 140 r •
UalfMowen and BronugroTe Branch Railways iialesowen
Haleawortii. Beodes, and Haddiacoe :Great Eastern
Hs&fax Hisii Lerel jLancashire and Torkshire.
"^'f**^. Tbonifeon. and Keigfalej Great Northern
Haaaton and Xorth Western iGrand Trunk of Canada .,
Hfthmii and StralhaTen iCaledonian
and City ..
Extension.
Junction . Haspstead Jimction.
HasfteUaodSt. Albaus Ha^iac
! 150
.' 102
.! 175
.1 110
387
20
Great Westan and Metropc^tan 140
Metropolitan District I 236
Ditto ditto ! 236
London and North Western I 203
Ditto ditto ! 203
[Hcmpatod
Hereford, Haj. and Brecon
Hatfotrt, Ijataa. aort Dunstable
Hertfaid and Wehryn Junction
n^w^Km^^ »nii AlU»|H^]f
Hsibani Tladnet
and Bode
and Leatherfaead
Guildford Direct
and Metropcditan
Great Northern no
London. Brighton, Mid South CoSfSt . . 189
Great Western 143
Midland ; 244
Ditto ' 244
Great Northern
Ditto
North Eastern
London, Chatham, and DoTer __ .
London and South Weston • 211
London. Brighton, and South Coast. . • 189 Ditto ditto ..I 189 Metropolitan District i 237
111 111 281 196
k, Manrhfstfr BaQwayfr Canal {London and North Western. i 203
and Sheffield
Bidl aad Xoith Western Junction.
HaDM
HaBa^fioiiA Yo*Miire Extension
HfiUDocks
HndndoCHoo
HoMiei
and West Norfolk
SonUnvkk. and Monkweaxmouth
Lancashire and Yorkshire , 173
North Eastern i 282
Incorporated by act 5th July, 1887;.
abandoned by act 1st June, 1694. . . . '
NorthEastem I 282
See Manual for 1902. page 143 |....
NorthEastem i 282
South Eastern j 325
GreatNorthem i m
Great Eastern. See also Manual for:
1904, page 100
Incorporated by act 25th Bfav. 1871.,
Vested in North Eastern. Seealsti
Manual for 1882, page 158
lOei
. SUpley Great Northern
Great Indian Peninsular
'Highland
Ditto See Manual for 1882, p. 152.
.1
Ditto Ditto
See M.A.NUALfor 1882, p.l62
and Aberdeen Junction
> and Nairn
Perth Junction
[ and £o8»«hiie
Ijavieh and Bury {Great Eastern
Iiirii Sosth Westcra jGreat Northern (Ireland)
SocdJh Eastern / 'Great Southern and Western
id Axhotme Incorporated by act z5tii June, 1885;
abanuoned by act 30th April, 1888. .
103
282 111 i53
■ • • •
153
• • • ■
102 118 132
UkoC Wight (Newport Junction) ilsle of Wight Central ; 163
iNorth British ! 269
^tKKto Alffeciraa— Gibraltar Direct jAlgeciras (Gibraltar) Limited i 436
Kukasimla jDelhi - UmbaUa— Kalka
kacxnrk and. Nevmarket iGreat Southern and Western ■ 132
X«9fUey and Worth Valley JMidhuid I 244
aadDnlltowD jGreat North of Scotland i 126
Ke.-vis YaDey 'North British j 269
Kcadai and Wmdermete jLondon and North Western i 203
Junctitw Abandone<t by act 4th July. 1^.-
For prerious particulars, see Cork)
and Kenmare. Manual 1890, p. 64|
Kes.1 tyjtgi London. Chatham, and Dorer 196
244
Kcacnag. Tbrapsum, and Huntingdon ....iMidland
XXX I V. BUIM'LKMEXTAIIY IXDEX.
' With or ry what Ck>HPAirr Amaijua-
Sj^^p matkh, Uwmku. Lkamko. ok M'orkbd. j ^
I OR WHKRK PARTiri-|.AR« MAY UTHER- ^
WIMK RK FoirNII. I *■
KiilwiUly tiiKl Uiirry P(irt Hurry Port and Oirendreath Valley.
! Hee Manual for 1881. page 29 .... K ilkttiiiiy Junction , I Watcrford and Central Ireland. See
I Manuai. for 1900, page 801
Killanioy Junution (Ireat Houtberu and Westeru
KlllorgllM I Ditto ditto
KilruNiiaud Kllkee HteMAM'AL for 1880
KUnyUi jKelvin Valley. UeeMANUAL for 1886.
I page 187
Kliigiiliridge and Huloonibe f Jreat Western
KiiigHhury and Harrow MetroiMlltan. Bee Manual for 188i.
! pase 237
K liigMtttn and lx)nd<>n i rx)uuon and Bouth Western
KingMUmn aiul KingHhrldge Junction : In(u)r|M>rat(>d by act 8th August, 1887.
; See ManI'al for 1901, i)age 153 ....
Khigton and ICardisley (Ireat Wt-stern
KlnroNM Mhlre North HritiBh (Kdln)nirgh. Perth, and
I Dundee). 8ee Manual for 1882,
I i>age 272
Kli'kualdyand DlMlrlot Aumlguniated with Xortli British
from Slst July, ls95. Bee Manual
I for 1895, iMige 159
K Irkouilbrtght < Jlasgow and South Western
K nlghton London and North Western
132 132
140
■
2ii
140
81 S03
428 204 203
l^vke Shore and Michigan Southern New York Central and Hudson RiTer
liauoaiUilre I'ulou Loudon and North Western
l^aueuMter and i'arllMle I>ltto ditto
l^al iuiei' Kond and Acton Ineoriwrated l»y act of 18th August,
, 1S82: uUtiidoned by act of 190a.
I StH' M AM- A L for 1904, page 164. i
liauuiHMiton and South hevon Oreat Western ! 140
Leaiiliurn. liinton, and DiUiiliintoit North British ; 239
Le«HUand Hradfortl Midland ; 241
LetHla. Hradfortl, and Halifax Junction IJreat Northern ■ 111
LtH»iiH, ( 'antief i>rd, anil l\tntefract J uuction. . North K.asteru 256
L«H>il)i, m^wiibury, ami Manchester lA>ntii>n and North Western 203
LttoiU Northern North Eastern 280
Lt>tHlit. Itikunvlhay I'ark. and (>(Uuondthi>r)>e Incorporateil by act 8th June, 1874;, J unotiiUi abaiuloneil under act 17th Maj. 1877, ....
l^iiHMter and Swaimiitgti>n Midland 241
Le)ul»erg-(\«ernowitz and J assy St«e MAXf \i. for 1879. page 394 ■
l<«H>uunster auu lU-outyartl tJreat Western { 140
Leouiiuster and KiiMfton Ditto ! 140
Leslie North Britisli I 2G9
Letuuahag\>w C^ale^louian ' 20
Irt'ttcrkeniky liuvriK)raitHl by act of 3r\l July, 1861)l
I'akeu ovtT by iuortgagee«, 17th IKxvuUvr. iJJiKr. J>t'e Manual for 1901, ptt*ft' Itjix
Leven Nofth foitish iLereu and East of Fife) 269
texeu and Kast of bnfe Ditto '289
LvwtMi aud Kasil Virinstead Loudon. Brighton, and South Coast. . 189
Lewes and rektteld Wtto ditto .. 18&
Lew Uuui and Auburn Viraud Trunk of Canada 387
Uiuerick, i^wtle i\mueU. and Killaloe See Manual for 1900, page 306 t ...
Limerick and Kiittu» Sev Manual for 19<X), page 306 !
Uuterick aiKl yuyuea «ki^ Manual for 1900, page 306
Uiu\^i-tck and Kerry <.<reat Southern ainl Western
lJaK\^Iualld l£)M»t Oo«st Kailway and Dock.. Abaiidonevl by act of 1902. See
. Manual for 190ci. pagelM
Limvlu. HortHraiMW» 9|Mli>hy, and Skegness . . lucorpiHrated by ace of 16th SepMB»-|
ber. 1887; abandoned bgr act July.l89L See M.^NUAU last
175
Liitkearvl auvl Looe lucorpiMrated by act of 2S&rd Jwam ,
18;». LeasedtoUskiMrd4GteMlo«-....
Listoacl ami VkUJtybtttttou lucorporateil 16th AprtL 1886. Sec-'
Manu kl for 1393. page 173 !
Liverpool awl Viury Laucadhire aud Yorkaliire 173
U^erpool. CiNMl^. attd StMlhport IXtito ditto ! 125
'I'
SUPPLElCENTAltT INDEX. XXZV.
Wrm OS ST what Cohpavt Asaioa* i
MATBO. OWVKD. LKABBO. OK WOKKKO. i
U mMtrnv, wwaAw, ummjamu, vm nvKKKW, i ^
OK WHKKB PaKTICULAKS HAT OtKKK- i ^ WUB BK PODVD. **
Urerpooi, Sootliport, and Preston Junction. Lancashire and Toricahire I 173
UaaeUy Great Western. ISee also Manuax;
for 1889. page 179 1 140
Ltaacammarcfa and Neath and Brecon Incorporated by act 10th Aiupast, 18%; Juction ! abandoned l^ act 22nd MMf, 1890.!
! See Manual for 1890. page 177 I
TJanynnmandCorwen Great Western i 140
f Jamrflors and Newtown .CamlHian I 28
UaatriMnt and l^ff Vale Jonction Taff Vale 337
UruwimoAOgmore GreatWestem 141
Ujmi Valley liynri and Ogmore. See Manual.
for 1883, page 172 j
Lodkearobead. St. Fillans. andComrie Cidedonian '....
London and Ayleslniry Incorporated l^ actot IfJth August.)
1871. See Manual for 1981, p. 183
London and BJimingham
London. FsseT, and Kent CSoast Junction
Btendon, and Harrow
i and Southampton .
and York
Londondeny and C>>Ieraine
118 293 325
London and North Western I 303
InctHimrated l^ act 15ih August^ 1876 ;l
abandoned by act of 1877 j....
Incorporated!^ act 20th August, 1883; abandoned 1^ act 23rd May. 1887.!
See Manual for 1887, page 201
London and Soutii Western ; 209
Great Northern I 109
Amalgamated with Midland fromi 2l8t July, 1903. See Manual for;
1903,pagel3
and EnniskiUen Great Northern (Ireland)
Adderlcy Green, and Bucknall. . . North Staffordshire
▼allqr SouthEastem
andFow^ See Manual for 1897, page 62
lincoln Great Northern
Lovotoft and Beccles Great Eastern (East Suffolk). Seej
Manual for 1883. page 112
Ladlow and Clee Hill Great Western andLmidon and North
I Western Jointly 141,
Loton. IhTOtaMf, and Weiwyn Junction Great Northern
l^dd South Eastern
I^aoBecis See Manual for 1880
I^aaincton [London and South Western
Ifnn and Dereham Great Eastern
Urun and Ely • Ditto
I^vB and Hunstanton Ditto
l^run and Sutt<m Bridge See Manual for 1888. page 237. and
previous editions
I^mion Powers expired. See Manual for
1900, page 194
andKnutsford Great Central (M. S. & L)
Madrid. Saragoasa, and Alicante See Manual for ISii, page 378
Maendocbog Line privately owned and closed for
public traffic December, 1883. See
Makual for 1883, page 204
Maidstone and Ashford London, Chatham, and Dover
Maidstone Extension (part of Sevenoaks, Ditto ditto Het
Maidstone, and Tonbridge) Man l* al for 1882, page 120
MaDow and Fetm<qr Great Southern and Western
Malmesbaiy GreatWestem
MaMon and Driifiekl North Eastern
and Birmingham London and North Western
dBB
B<^ton. and Buiy Lancashire and Yorkshire
Manchester. Buxton. Matlock, and Midlands Bfidland
Junction
and Leeds Lancashire and Yorkshire
and LoMX^ Union Great Central (M. S. k L.)
South District Midland
and Stockport Great Central and Midland
Maribonnigh Great Western
Jfailhoroa^ and Grafton Midland and South Western Junction
Marpie* New Mills, and Hayfield Junction . . Great Central and Blidland
Ill
303 HI 325
• •
211 102 102 103
91
196
132 141 280 202 173 244
173 88
244 99
141
256 99
.„
":?s^rSsS'£,'ss£l i
vetLNjeoliiB
rnniforred to Ihe Vlctoriin Goiwn
^SS^^L''iiSL
-«?tS'Si"i'S,
JJtSSSo^X;.'"'*^:^"""
mSlirN?(uSh«i"Sfo^
Omt^nink or b^D^, 8n Mir
Londonond Simh WMtm
^iSfe^"""""""""^
Md^^^^flMidh^tJuncf™
£?it^^d'"'^:^*"---
OtHil aoulloni ud WoB«em
Mgptnul ud OtiuQiiI>la JunotioD
SnuidTrunliDtaludiL S^liuNliu
S:r»"Sa'SSiS5S,Sjr.;;::::
'^A'i?.^&^«r'^'^-
'UiZAt'lor^'l^i^S^- ^
&"S.«Sa-r.:;;:::::::;::::;::;:.,
•SS&^l'Si **«*•"'" '"
mdon Mid Nonh W»u>m
am
SUPFIiEUENTABT INDEX.
ZXXVll.
Name.
With ok by what Comtavt AXAiXiA- XATBO. OmncD. Lkaskd, ok Workkd,
OR WHBKS PaRTICUAXS MAT OTBBK- WI8K BE POUVD.
KefttiefaridgeVaUer
HevMk and OUerton. . Carlisle
HavfaaTen Harbour
Kewmarkat and Chesfeerf ord Kewpoit
Kev Qoaar and Comwi^ Jonctton
Sewiy and Knniiikillen
Sewxy and ^oenore ,
''^eviy. Warrenpoint. and Boatreror
KeatonaadComprtaU
Hevtovs and Crewe
5evtofwn and Machynlleth
Kev Tock, Cldcafo, and St. LooiB ,
Kev Toak, Lake Srie, and Weatem
VevToak, Fenn^lTania, and Ohio.
KevToak,Weaa3iMRe, and Buffalo
Sofolk
Arbroalh, and Montxoae . .
SoRthom and Kaatem
of Uruguay. «< Boenoa Ayrea.
Hattam <tf JBsrope
Hortk Mcteopolitan Hoath.
and Canal ..
Sorth Monkland
Sarth Feaahaokeddre and Fiahguard. .
North Walea and LiTerpool Railway Com-
Horth Weat Argentine. Kaitk Weat Central. ..
Jorth Weatem ,
Xorth Western of India
Sotth Western of Monte Video
Sottlnimberland Central
Korwiefa and Brandon
TSorwUkt and Spalding ,
Opnore Valley
Incorporated by act 30th July, 1874 ; abandoned under act of 17ui June. 1878
Lancashire, Derbyshire, and East Coast
North Eastern
Great Western
London, Brighton, and South Coaat. .
GreatEastem
Ditto
Ditto
North British
London and North Weatem
See Maxual for 1897. page 62
Great Northern (Ireland)
Ditto ditto
Dundalk, Newry, and Greenore
Great Northwu (Ireland)
Great Central and Midland
Shropshire Union
Cambrian
See Manual for 1888. page 510
Erie
See BiANUAL for 1897, page 553
See Manual tor 1888. page fil&
Great Eastern
North British
London and South Western
Vested in the Great Eaatem. See Manual for 1903. page 99
Central Uruguay of Monte Video. . .
Buenos Ayrea Northern Limited. See Central Argentine ; also Manual, 1^9, and preTious editions
Swedish and Norwegian Limited. See Manual, 1885. page 349
Metropolitan
See Manual for 1898, page 266
Midland
North British
Great Western
Vested jointly in London and North Western and Lancashire and York- shire— See London and North Wes- tern
Incorporated 1896. Dissolved by Great Central Act of 1904. See Manual for 1904, page 266
Liquidated. See Manual for 1903, page 4^ and for 1901, page 481
Incorporated by act 14th August, 1890 ; abandoned by act 29th June, 1893. See Manual for 1893, page 277. . . .
Midland
Purchased by Indian Goyemment
See filANU al for 1881, page 488.
North British
GreatEastem
See Manual for 1888. page 237, and previous editions ,
See Manual
Uyuvi and Ogmore for 1883, page 172
(Md and MiaaiaaipfM. I Recently amaU^mated with the Balti
more and Ohio and South Western. See Manual for 1893, page 370
Oldbary
<)id Meidrnm Jnnction
Uitgoaand Gaitfbmia
Great Western
Great North of Scotland .
Amalgamated with the Southern Pacific in 1892*3. For other partiou lars, see Manual for 1883, page 571
280 142 18» 101 IQL 101 270 203.
119 119
59 11»
99 318
28
425
101 270 211
461
270 142
20^
24&
270
loa
142 127
XXXVlll.
SUPPLEMENTARY INDEX.
Name.
With or by what CoMPARy Amaixja-
MATED, OWXBD. LeaSKD, OK WOKKBD, OR WHBBB PaRTICUIJIRS MAT OtHRR- W1SK BE Fot'ND.
Orleans and Ohalons
Orleans and Rouen
Oswestry, EUesmere, and Whitchorub
Oswestry and Llangynog
Oswestry and Newtown
Otley and Ilkley
Oude and Rohilkund
Oxford, Aylesbury, and Metropolitan June.
Oxford and Bletchley
Oxted and Groombridge
Painswick
Paisley and Barrhead
Paris and Orleans
Parsobstown and Portumna Bridge
Peebles
Pembroke and Tenby
Penartb Extension
Peuarth, tiulJy, and Barry
Penicuik
Perth, Almond Valley, and Metbyen
Perth and Dunkeld
Peterborough, Wisbech,, and Sutton
Petersfield
Pewsey and Salisbury
Pontjrpool, Oaerleon, and Newport
Pontypridd, Caerphilly, and Newi>ort . .. .
Poole and Bournemouth
Portadown, Dungannon, and Omagh
Port Carlisle
Porthdinlleyn
Portmadoc, Croeser, and Beddgelert
Portpatrick
Portsmouth
Potteries, Biddulph, and Congleton
Potteries, Shrewsbury, and North Wales.
Preston and I^ngridge
Preston and Wyre
Radstock, Wringti», and Oongresbury June
Ramsey ^.^....^
Ramsey and Somersham Junction
Rathkeale and Newcastle Junction
See BiANUAL for 1879, page 401. .. .
See Manual for 1879, page 402
Cambrian ,
Incorporated by act 10th August, 1882 ; abandoned by act 86th July, 1889. See also BiANUA l. 1889, page 279
Cambrian
Midland »nd Nortti Eastern Joint . .
Purchased by Government of India. See Manual for 1888
Incorporated by act of 20th Auguist, 1883. No recent returns. Ihresum- ably was merged, with the Aylesbury and Buckingham, in the Metropoli- tan. See Manual for 1890, p 278
London and North Western. See Manual for 1882, page 195
London, Brighton, and South Coast. .
See BiANUAL for 1902, page 263
Caledonian ,
See Manual for 1879, page 404. ... , Formerly worked by the Qreat
Southern and Western, but pri
vately sold In 1878, consequently
as a company ceased to exist. See
Manual for 1882, page 134
North British
Great Western
See Manual for 1892, page 280
lucorporated by act of 2nd August,
1877, subsequently abandoned. 8ee
Manual for 1880, page 306 ,
North British ,
Caledonian ,
Highland (Inverness and Perth) ..... See Manual for 1869, page 87, and
previous editions
London and South Western ,
Incorporated by act of 16th July, 1883 ;
abandoned by act of 11th May, 1891.
See Manual for 1891, page 284 ... .
Great Western
Alexandra (Newportand South WalM)
Docks and Railway
London and South Western ,
Great Northern (Ireland). See
Manual for 1882, page 126
Nor ih British
Abandoned by act of 1892. See
Manual for 1897. page 288
See Manual for 1883, page 280
Portpatrick and Wigtownshire
London and South Western
North Staffordshire
Closed by order of the Board of Trade.
See Manual for 1892, pages 285-6,
and also Shropshire, General Index Lancashire ana Yorkshire and Lonoon
and North Western
Lancashire and Yorkshire and Loncton
and North Western 17S,
Great Western. Abandoned under act of 1882
Great Eastern. See Manual for 1904, page 100
Great Eastern & Great Northem..l03,
Great Southern and Western
28
28 255
189
20
270 142
270
20
153
211
142
2 211
870
3(e 213 893
!U3
103 118 133
SUPPLEMESTARY INDEX. XXXIX.
I Wrra ur bt what CoHrAjrr Ahalaa-
IP ' MATKO. OWSBO. LBAAKO. OK WoUCSD. J
**"■• OK WHKRE PAKTICin.AKS MAT OTHBR- <
WIBB BE PUCVD.
Bedfe and San Fnndaco (Pernunbooo). Expropriftted by BrmzOiaii Gov«m-i
ment, 90th June, 190L See
Manual for 1902 and 1904
Sedditdi Bfidland «5
Bccent's Ganal See North Metropolitan and Makual
. for 1886, page 266
letfiatd, Botheriiam. and Bamslfcj See Manual for 1902. page 370
Bkws (rf Gallowaj IncocporatedbyactoflTlh Jane. 1878; >
abandoned by act of 26ih April, 1883
KhoBdda Valley and Hirwain Junction Taff Yale. 337
fie de Janeiro and Xorthon Aoquired by the. .Leopoldina. See
Maxual for 1896, page 520
ftfi ^ ■! ■■ I *' *^r-T-fi— Metropolitan ' 231
Kagwood, dmatrimrdi, and Bommemoath.. London and Soutii Western. See
Manual for 1904, page 133 ' 212
Ihiere dn lioap Grand Trunk of Canada 387
Boaorea and I^iaonstown Great Soathem and Western : 132
Ross and Ledboiy Great Western 142
Kocher VaDej light Kent and East Sussex
Bctherhaai ajid Bawtary Incorporated by act of 22nd August,
1881 : abandoned b7 act of 13th
August, 188S
ffiwsiiiaii No recent information— prasamaUy
transferred to Roumanian Govern- ment on the terms quoted in
Manual for 1882, page 385
B0f«oa and Hitrfain Great Northern 112
RiMloiph Soutn Austrian, tfee Manual for
1889, pitge 381
FiiMatj Brecon and Merthyr Tydfil Junction.
See Manu 4.l for ]8dL pa«e 23
Bathia —d Cerrig-y-Dmidion Incorporated by act of 27th June,.
. 1876; abandoned by act of 23rd June, '
1884 See Makual for 1884, p. 288
By« aad DnwenesB South Eastern : 326
Bfdeaad Newport Isle of Wight Central 163
SafttmWalden Great Eastern 103
jSt. Aadrewi North British 271
Si. Aabiii and Corbiere Jersey Railways k Tramways Umited 164
Sl Aafitell and Pentewan Incorporated by act of 7th August,
1874. See Manual for 1832, page311
eL Geovse's Harbour London and North Western 2Q3
as. Hdens Ditto ditto 203
Ss. Hcfena and Runcorn Gap Ditto ditto (St. Helens)
See MAKtALfor iaB2. paffe200
&._Hcfefia and Wigan Junction See JiLlnual for 1904, page 168
and Dorset Junction Londun and South Western 212
Market House Line Ditto ditto 212
and YeoTil Ditto ditto 212
Brook Navigation Londou & North Western (St. Hel«is|
See Manual for 1882, page 200
Sauca Fe and Cordova Great Northern Bueoos Ayres and Roeario
i^eaftonMagh and Whitby North Eastern 282
Scixide, Pimjab, and Delhi Vested in Secretary of State for India
in 1886. See Manual for 1886 and
1904
SecfUwood. Newbnm, and Wylam North Eastern 282
SoottaA Central Caledonian 21
^ocAQdi Midland Junction Ditto 21
^eocttsh North Easton Ditto 21
aeacombe, Hoylake, and Deeside Wirral .^7
aeazonand Beer London and South Western 212
aeacv and Mid- Yorkshire Union Incorporated by act 2ls» July, 1879 ;.
abandoned by act 22nd May, 18»0..
: See MANUAL for ISM.p^kge /99
Selkirk and Galaahiels : North British 271
Maidstone, and Tunbridge (London, Chatham, and Dover , 197
xl.
SUPPLEMENTARY INDEX.
Naxk.
With ok by what Cumfamt Amaloa-
Jf ATKD. OWVKD, LrABKO, OR WoBKED, OB WHBRE PaRTICVT.ABS MAT OTHKR- WISK BB FOVBD.
e ■<
Severn Bridge aad Forest of Dean Oentnl. .
Sevenoaks (part of Sevenoaks, Maidstone, and Tanbridge)
Severn Tunnel . . .^
Severn Vall«r
Severn and Wye and Severn Bridge
Shefla eld Canal
Sheffield, Ashton-under-Lyne, & Bfanchester.
Sheffield and Lincolnshire
Ditto ditto Extension
Sheffield and Botherham
Shieldhall Branch
Shortlands and Nunhead
Shrewnbury and Stafford
Shrewsbury and Welshpool
Shropshire Mineral (Light)
ShuBwapaud Okanagon
Sirhowy
Sittingboume and Sheemess
Skipton and Kettlewell
Slamannan
Sligo and Ballaghaderreen
Hn)yma and Cassaba
Snailbeach District
Somerset Central
Southampton and Netley
South Devon
South Devon and Tavistock ,
South Dublin ,
Southern of France ,
Southern of Ireland
South Hampshire Railway and Pier
South Italian
South Kensington
South Leicestershire
South Leeds
Southsea
South Staffordshire
South Wales
South Yorkshire and River Dun
Spalding and Bourn <
Spilsby and Firsby
Stafford and Uttoxeter
Staffordshire Wheel and Axle
Staines and West Drayton ,
Staines and Wokingham
Incorporated by act of 21st July, 1873; abandoned by 'act of 19th May, 18Si. See Manual for 1884. p. 291
London, Chatham, and Dover
Great Western
Ditto (West Midland)
Vested in the Great Western and the Midland jointly, as from 1st July, 1894. See Man UAL for 1895, page 296.
Transferred to the Sheffield and Soutii Yorkshire Navigation Co., under the provisions of the South Yorksldre Navigation Act, 1894
Great Central (M. S. & L.)
Ditto ditto
Ditto ditto
Midland
Vested jointly in Caledonian and Glasgow and South Western. See ex- tract of act of 1891, either Company
London, Chatham, and Dover
Shropshire Uniou
London and North Western
See Manual for 1902, page 279
Canadian Pacific. See Manual for 1891 , page 463
London and North Western
London, Chatham, and Dover
Incorporated by act 26th August, 1880 ; abandoned by act 2ist May, 1885 . .
North British
Midland Great Western
Sold to Ottoman, Smyrna, and Cassaba Railway Exteusion. See MANUALfor 1899, page 356
London and North Western. See Manual for 1882. page 201
Somerset and Dorset
London and South Western
Great Western
Ditto
Incorporated by act 13th August. 1875 ; abandoned bv act 23rd May. 1879..
See Manual for 1879, page 417
See Manuaj. for 1902, page 293
Abandoned. See Manual for 1900, page 289
Transferred to the Italian Government as from 1st January, 1876. See Manual for 1879, page 417
Incorporated by act uf lUih August, 1872 ; since abandoned
London and North Western
Amalgamated with the East and West Yorkshire Union. See Manual for 1903, page 296
Londpn, Brighton, and South Coast, and London and South Western. . . .
London and North Western
Great Western
Great Central (M S. & L.)
See Manual for 18b8, page 237, and previous editions
Great Northern
Ditto
Ceased to eiist in 1888. For par ticulars relating to the |>ast see Manual for 1888, page 560
Great Western
Loudon ana South Western ,
197
142 142
87
87
87
241
197 318 203
203 197
271 252
321 212 142 142
aoa
190
203
136.
91
112 112
14& 212
SUPPLEMENTARY INDEX.
zli.
Namb.
Stamford and Ksnendine
Stirling and Dimfermline
Stockport, Didey. and Whaley Bridge
Stockix>rt. Timperley, and Altrincham
Stockimrt and Woodley
Stockton and Darlington
Stokes Bay Railway and Pier
Ston«hoiiM» tin N»il8worth
8tratford-on-ATon
Stratbendrick and Aberfoyle
Strathspey
Surrey and Sussex Junction
SathertaBid
Satberland and Caithness
Sutton and Willoui^by
Swanage
Swansea and Carmarthen
SwanMaVale
Swansea Vale and Neath- k Brecon Junction Swedish -and Norwegian Lhnited
Swindon andCbeltenham Extension
Swindon and ffii^worth Lk^bt
Swindon. MaribOTOugh, andl Andorer
Hwincun audjPCnottingiey
Symington, raggar, and Bronghton
Tslaere
Tal-y4l7n
Tasmaoian Main Line
Taw Vale
Tay Bridge
Ten Valley
Temple Mineral
Tenbury
Teobury and Bewdley
Tesdring Hundred
Tevkesbbry and Malyem
Tbetfcml and Watton.
Tilbury and Gravesend Tunnel Junction ....
Ilteiton and North DeTon
TiTfitlde
Toledo. Haginaw, and Muskegon
Tongoy (ChiU)
Tootmg. Merton, and Wimbledon
Torbay and Brlxham
Tofooto Belt
Tonington and Okehampton
Totnes. Paignton, and Torquay Direct
Tottenham and Haajpstead Junction
Towcester and Buckingham.
TnXee and KUlamey
Tr«fcrig Valley
Trant, AndMilme, and Urlm«by
ToaUitlfv Wells and Eastbourne
Taaad onder th« Bt. Clair RiTcr
With or by what Cokpaiiy Amaloa- MATKo, Owned. Lkabkd, or Worked. OR WHERE Particulars may Other- wise BE Found.
9
See Manual for 1884, page 310
North Britiflh (Edinburgh & Glasgow). See Manual for 1882, page 271 ... .
London and North Western
Cheshire Lines
Ditto
North Eastern
London and South Western
Midland
Great Western
North British
Great North of Scotland
London, Brighton, and South Coast. .
Highland
Ditto
Incorporated by act 28th July, 1^. See Manual for 1891, page 322. . . .
London and South Western
Loudon and North Western. Bet- also Llanelly (now vested in Great Western), Manual for 1889, p. 179
Midland
Neath and Brecon
In liquidation, winding up order April, 1893. See Manual for 1893, p. 388
Midland & Southwestern Junction
Great Western
Midland and South Western Junction
Mirtlaod and Norm Eastern Juiut . .
Caledonian
Incorporated by act 18th May. 1866.
See MANUAL for 1893, page 322
Merged into the Government System.
See Manual for 1890, page 250 ... . London and South Western (North
Devon)
North British
North Easteru
Incorporated by act 7th August, 1874 ;
abandoned by act 28th June. 1877. . Great Western and London and North
Western
Great Western
Great Eastern
Midland
Great Eastern
Incorporated by act 10th August, 1882 ;
abandoned by act 2lBt Muy, 1885 . . .
Great Western
Abandoned
Grand Trunk of Canada
See Manual for 1904, page 486
London. Brighton, and South Coast
and London and South Western 190,
Great Western
Grand Trunk of Canada
Plymouth and North Devon, See also
Manual for 1901, page 305
Incorporated by act 12th August, 1880;
abandoned by act 23rd June, 1884 Midland. See Manual for 1902,
page 303
Incorporated by act 26th August, 1889 ;
abandoned by act 24th August, 1893
See Manual for 1893, page 325
Great Southern and Western
TaffVale
Great Central (M. S. and L.)
Loudon, BriKhton. and South Coast. Grand Trunk of Canada
20$ 3» 3* 280* 212 24& 143
2n
126 190^ 154 164
212.
245 260'
25& 143 256 255 20-
211 271 282
143 143 103 245 103
143
387
212 143
387
304
132 337 91 190 388.
,
^^'."So^ssTrtsidT "■ '^'-
"s?s^t'''nt'Stb'"«s'i8r"
SHSHSa^'
°'%rr"™-::-::
SS3?«.'£'KSs?"'r^
Gmt HDuthus and Waitcm
'ss;s;.sssss,?st!-...-
W«et[nnl, Dmignniui, und Usmon
.MSIl'KiiS-sra'";:-
QrcU tIantfaeFi) wid Wegtern ud ^^Dubltn. Wtoliln^dW«x(unL..BB.
WMerfo.d^ Worfoid. Wldllow, MdDuiita, ,
srd"CtoT6."s£,r'"'°'*
67
InnciarsUd. Innaretnd M OnU
"KsssassaajsSi's
"iii-^^l^
»
WMtOort....
Omk, Bandim.iiid'aoilO;C0Ml
«
s^uIe.s;?^'""'""'"'
SUPPLEMENTARY INDEX.
xliii.
Naju.
With or bt what Compajtt Ajialoa-
HATBD, OWITKD, LkASKD. om WOSKKD. OR WHKRK PaKTICCLABS MAT OnXR- WUE BB FOCSD.
maOff,
I
. Inoorpwated l^ act 9th Angnst, 1099. Abandoned by act aith Jane, 1901 See Manual for 19(M, page 319.....
Great WeRtem
Soafolk Junetion )<3i«at Eastern
Fife North Britfah
Unk» iLancaahire and Torkahire
.Sooth Eastern
!Oreat Northern
Sedear, and MiddlBaborongfa TTnion.Nortfi Eastern. See also Manual
i for 1889. paxes 3M and 345
Cicator, and Egremont London k North Westeni k Fomess..
Junction Jjondon and North Western
and Fnmeas Jnnetion 'Fomess
andCardifan Great Western
aaidTaffYale. jWhitland and Cardigan. See
I Manual for 1890, page 345.
Oonware, and Pendine Incorporated by act of 1887. and
' abandoned by act of 18M. See
I Manual for 1892, page 343
Great Central and Midland
Portpatrick and Wigtownshire ....
andCroydmi London, Brighton, and South Coast
and Dorking London and Booth Western
andWestMetropoUtan Junction Ditto ditto
and Aaooi Great Western. See also 9(anual
for 1901, page 390
and Annapolis Dominion Atlantic
Caledonian
MdG(dtneas Ditto
!Great Western
and Walsall Midland
Walsall, and Midland June; Ditto
and Oooisborou^ Abandoned by act of 6th June, 1^.
I See Manual for 1901. page 321
South Croydon IL.B.4 8. C. and South Kastem.. 190.
Great Western
136 103 «72 173 326 112
S83 203 203 73 144
Abaf Btwyth Junction..
Broom
InoorptMrated l^ act 1st August 1870.
Incorix>rated by act of 7th August. 1874; abandoned by act of S9th June, 1880
Abandoned by act of 1st July. 1^4. and company dissolved
Great Western
Broaayard. and Leominster. . .
Hereford Midland.
Authorised by act 28th June, -1861.
Minera Great Western and L. 4 N. W. ..141
Mold, and Connah's Quay >Great CentraL
'Great Western
mad BrigfatJingiea Great Eastern
Tarmooth-md Haddiseoe Great Eastern (East Suffolk).
I Man UAL for 1882, page 112 .. .
TaoBovth and Korwieh 'Great Eastern
Talk. NeweaiMe, and Berwick North Eastern
T«sk and North Midland Ditto
See Manual for 1881, page 409
306 190 2U 213
144 378 21 21 144 246 246
326 144
144
246
I • • •
203
144 104
101 280 280
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Irish Rjulway Cleuiog Honse 565
Committee of Privy Council for Trade 565
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Saihray BeneTolent Institution 566
Raflvays (Private Sidings) Act. 1904 ••567
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428, Strand, London, W.C.
GENUINE WHARFEDALE,
FOR THE HIGHEST POSSIBLE CUSS OF WORK.
Xlviii. ADVERTISEMENTS.
MIDLAND
RAILWAY CARRIAGE & WAGON Go. Ltd.
MANUFAGTUBERS OF
RAILWAY CARRIAGES, WAGONS, TRAMGARS,AG.,Ae,
WAGONS BUILT FOR CASH, DEFERRED PAYMENT, OR HIRL
MIDLAND WORKS, BIRMINGHAM,
And ABBEY WORKS, SHREWSBUST.
London Offloos i Suffolk House, Laurenee Pountney Hill, E.O.
VIENNA EXHIBITION, 1873.
THE MOSS BAY
HEMATITE IRON & STEEL COMPANY,
WORKINGTON, Cumberland, ENGLAND.
LONDON OFFICE : 14, Sherborne Lane, E.C. MANIJFACTIJREBS OF
BESSEMER STEEL RAILS AND FISH PLATES
9 LBS. TO 130 LBS. FEB YABD.
STEEL SLEEPERS, STEEL TRAM RAILS, PORTABLE RAILWAY.
SPRING BARS, BLOOMS,& BILLET8-any Carbon.
SIEMEN'S STEEL ANGLES.
BRADSHAWS
RAILWAY MANUAL
The RaUvxiys are arrariped in alphabetical order and, are divided into the following four seetuma only :—
L— The United Kingdonu
IL — ^India and the British Ck)lomes,
m.— United States.
TV. — ^Forei^rn CJorintries,
The other Departments of the Manual are as follows :-^
v.— Canals.
VL — RoUin^r Stock, Railway Finance and Auxiliary Companies.
Vn. — Greneral InformatioD.
Yin. — ^Directory of the AdministratiTe and Execntive StaflE^.
A copious index to the present and previous editions of the Manual wiU be found on reference to the preceding podges.
L— UNITED KINGDOM.
AIEZAHDBA (NEWPORT AND SOUTH WALES) DOCKS AND
RAILWAY.
DIRECTORS:
Ckaimuuft— The Rt. Hon. Lord TREDEGAR, Tredegar Park, Newport, Mon.
Deputy-Chaimuui— E. M. UNDERDO WN, Esq., K.C., 98, Eaton Place, 8.W.
J. C. Parkinson. Esq., J.P., 16, Great C. Leolin Forestier- Walker, Esq., Park Marlboroagh Stre^ W. House, Michelstone-y-Yedw, near Car- fir Henry Matber-Jackson, Bart., Llan- diff.
tflio Coart, Aberptvenny, Mon. Col. Sir R. Nigel F. Kingacote, G.C.V.O.,
Lieut. -Col. H. E.M. Lindsay, R.E., Tttrad K.C.B., 19, Sontb Audley Street, W.
Mynach, near Cardiff. Evan H. Llewellyn, Esq., M.P., Lang- ford Coart, near Bristol.
OFFICERS. — Sec, J. Smith; Gen. Man., J. Macanlay; Eng., J. Pattinson; Loeomotive Superintendent, T. W. R. Pearson; Auditors, Percival D. Griffiths and J. E. W. Rider; Sylicitors, Markby, Stewart, and Co., 57, Coleman Street, E.C.
Offices — 14, St. Mary Axe, E.C.
Incorporated by act of Parliament, in 1865, as the Alexandra (Newport) Dock Company, and the name was changed, by a further act in 1882, to the above title, la operation, 9^ miles of railway, 49| of sidings, and 13 miles of foreign lines are vorked orer. Running powers over 88 miles.
The company was authorised to construct docks, railways, and other works in eoDoection therewith, which were opened in April, 1875.
They have powers to make arrangements with the London and North Western, Great Western, and other companies.
The total capitol is 3,105,000/., tIz., 1,600,000/. stock, and 505,000/. loans and debenture stock.
B
2 ALEXANDRA DOCKS AND BAILWAY — ARBROATH AND POBPAR.
By act of 1882, the company was empowered to make a farther dock, 30 acres in extent. This was opened on 6th Jane, 1893.
Under an act of I6th July, 1874, power wis given to the company to lease its dock and other works to the Newport (Alexandra) Dock Company Limited for a term of 28 years. This lease commenced on 1st January, 1880, the lessee company undertaking to pay as rents in each year the amount of Lord Tredegar's rent- charge, the interest on the debenture stock, and if earned ^ per cent, on the first preference stock ''A," 4^ per ceat. on the second prefwence stock " B," and up to b per cent, on the new ordinary stock and shares of the lessor company.
By an act passed in 1883s tht Newport (Mbn.> Dock Company wan acquired by thiscompany, and was amalgamated with it from andaffer 1st January, 18^,.
By act of 7th August, 1896, modifications were made of provisions for reverter of lands to Lord Tredegar; amendment of prerion* acts as to Ebbw improvements, the Mesdalgyf road, leasing power, extension of time for complttbk>tt of Sonth Dock, &c., for 5 years ft'om 18th August, 1897, and other purposoff.
By act of 6th August, 1897, provision was made for th« surrender of the above- mentioned lease, and the dissolution of the Newport (Aferondra) Dock Company Limited; power to convert ordinary capital fnto deferred stoekof the same amount. Additional capital, 190,000/. ; borrowing powers, 60,000/.
By act of 15th August, 1904, power was given to the company to extend the Dock, authorised by act of 1882, and to execute other works, including the diversion or straightening of the River Ebbw. Additional capital, 420,000/.; borrowing powersr 14©,000f.
Pontypridd, Caerphilly, and Newport.— Incorporated by act of 8th August, 1878. Vested in the Alexandra (Newport and South Wales) Doclcs and Railway by act of 1897.— For particulars relating to the past, see Manual for 1897, page 287.
Capital.— 30th June, 1904.
I Created 188^ -First pref^ence consolidated stock *^A"..w..,^..^.t £515,040
1882-1883— Second preference coirsolklaied stock '*B *' .
1897 — Preferred ordinary stock
1897— Deferred ordinary stock
Totals, inclusive of discounts and dtfTeronce on conversions (363,031/.)
36&,«00> 160,000 380,000
£1,420,000
Received.
£81£,0«0 3«5,0O(r 160,000 380,000
£1,420,000
Rbtsnte. — Fvll dividends were paid on consolidated stock '^A'* to- 31st December, 1897, and on consolidated stock " B " from 1891 to 81st December, 1897. For the year 1898 1 per cent, only on the "A" stock. For the year to 31st December, 1899, the maximum dividends on '* A'* stock, '* B " stock, and preferred ordinary stock, and 3 per cent, on the deferred ordinary stock. For 1900, 1901,
1902, and 1903, the maximum dividends on ''A" stock and ''B" stock were paid, and amounts placed to reserte. For the lu^lf-year ended 30th Jane, 1904, the maximum dividends of 4^ per cMit. per annum on '* A '* stock and '* B " stock, were paid, and 4 per cent, oa preferred and 2 per cent, oq defeered ios tbe year
1903, and 19,889/. carried forward.
ARBRCIATH AJOk FCXBFAK.
DIRECTORS: Chairman— ALEXANDER GORDON, Esq., of AshUidie, Arbroath.
*Sir Reginald H. A. Ogilvy, of Inrer- quharity, Bart., Baldovsn . Hooaev Dundee.
♦H. A F. Lindsay Carnegie, Esq., of
Colin Qranl, Esq.^ Provost of Arbroath. Sir LeonardLyell, Bart.,ef Kfunocdy. Alexander Balfour, Esq., Bloomfield, Arbroath.
Two rotate, In ord«r required by act, every year, and are eligible for re-elactioii.
*^ Retfring^ directors.
OFFICERS.— Sec, W. K. Macdonald; Treasurer, William J. Rollo, Banker, Arbroath.
Head Officea— Arbroath, N.B.
Tncorporated by act of 17th May, 1836, for coustruetion of a line bttweeit the Royal Burgh of Arbroath and the Royal Burgh of Forfar, 16J mile«. Leasc4k In perpetuity to the Caledonfan at a yearly rental of I3,900f.
ABBBOATH AXt> POErAR— AYB AND MAYBaLB JtrNCTlOlT. 3
Galsdosiav.— ThefoQowIngclattse waslnserted in the actby which the Scottish !lortb Eastern is leased to the Oaledonian: — Nothing in this act contained shall iu toy way alter, diminish, prejudice, or affect any right, interest, power, preference, or privilege belonging to or vested in theArbrosth and Forfar, under or by virtue of tb« Arbroath aud Forfar Act, 1846, and the Arbroath and Fbrfar Act, 1848, or the rent agreed and payable to the Arbroath and Forfar by the Aberdeen, under or in virtue of the same aets, or shall in any way alter, diminish, prejudice, or ajBTect the natare of the rent-eharge, real burden, and priority created by such aets in respect of the said rent or tfie rigkt ta levy and recover any such rent under and In teims of soch acts; It being hereby expressly provided and declared that all such rights, iuterest, powers, priority, privileges, rents, rent-charge, and real burden are to remain the same in all respects as if this act had not been passed, with this excep- tion, that where auy obligations were conferred or imposed with reference thereto upon the Aberdeen, the same shall, after the passing of this act, be performed by, and may be enforced against, the company, in the same way and manner, and to the same extent and effect as the same, but for the passing of this act ought to be per- formed by, or migrht have been enforced against, the Scottish North Eastern under ttie Scottish North Eastern Act, 1856, and the Scottish North Eastem Act, 1863.
CapitaIu — Received: Original 261. shares, 70,000^.; 12/. lOs. shares, 50,000/.; S/. 5«. skares, 4ft,000/. ; &L shares, 29,9591.; guaranteed 12/. 10«. shares, 40,000/.; total sliares, 229,950/. Neloan capital. Ea^pended on lines and worlcs, M4,249/.; workiof stock, 26,101/.; balance to debit of this account, 400/.
Bbtbvub. — Yiear ended 7th March, 1904. Receipts: Guaranteed rent from Cale- deniaii, 13,842/.; other items, 66/.; from last year's accounts, 183/.; total, 1S,0W/. After payment of D4f. for general charges, a dividend at 5| per cent, was paid on the company's share capital, leaving 286/. to be carried forward.
Last aimiMil meeting, 38th March, 1904.
Qualification of Directors, 4 shares of 25/. each.
AYR AKB MATBOLE J0KCTIOM.
DIRECTORS:
Caftaia Denxil Hu|^es Onslow, Ayr. I James W. GaMowsy, Esq., St. Andrew^s
I House, Racecourse Road, Ayr.
Secretaries .ind Treasurers, William Pollock and William J. Pollock, Solicitors, Ayr.
This undertaking is vested in the Glasgow and South Western under the Glasgow and South Western Act of 1871, but remains incorporated for receiving, and if tRces«ary enforcing, payment of the yearly sum payable under act, and for other parpoMs. The sum payable yearly is 2,450/., in two equal half-yearly portions, and M equal to a dividend of 7 per cent, on the stock, besides several fixed payments.
Mestiugs in February or March and in August or September.
BAKER STREET AND WATERLOO.
DIRECTORS:
Chairman— THEODORE JULIUS HARE, Esq., Lyne Grove, Virginia Water.
Majer-Geaeral C. S. Hutchinson, C.B., iste R.E., 14, Kidbrook Park Ro*d, BUcktaeath.
The Right Hon.Sir Algernon We8t,G.C.B., 1, Mount Street, W.
Alfred Willis, Esq^ Woodcut, HoUing- boum, Kent.
OFFICERS. —Sec, E. B. Read; Engs., Sir Benjamin Baker, K.C.B., W. R. OsibrAJth. C.E., and R. F. Church, C.E. ; Auditors, Herbert Guedalla and V. B. Peat: Solicitors, Bircham A, Co.; Bankers, Robarts, L^ubbock, dt Ca., U, Lombard Street, E.C.
<jflkes — 39, Hamilton House, Victoria Embankment, E.C.
locorporated by act of 28th March, 1893, for the construction of underground rillways from Baker Street to Waterloo Station, in the county of Louden. Ltiigih. about 3 miles. Period for completion, 5 years. Capital authorised, l.iSfd.WM. In 1<W. shares, with power to divide into preferred aud deferred UK-shares; borrowing fiowers, 416,000/.
By act of 7tb Angiiet, 1896, fUrther powers were conferred on the company to tkit j^iltkial caphAl net tzoeeding 75,000/. iu ordinary 10/. shares (with power
^
4k BAKEB STREET AND WATERLOO — BALA AND PESTINIOG.
to divide into preferred and deferred half-sbaresX and to borrow 25,0007. Extension of time for completion of railways authorised by act of 1893 for 8 years, from 28tli March, 1898; period for completion of works autliorised by this act, 5 years additional lands ; and other purposes.
By act of 1st August, 1899, further powers were conferred on the company to raise additional capital not exceeding 60,000^ in new ordinary lOl. shares, and to borrow 20,000; ; to raise half the capital authorised by acts of 1893 and 1896 -in preference shares at interest not exceeding 4^ per cent, per annnm ; to construct new works to be completed within 5 years; additional lands; abandonment of portion of lines authorised by act of 1898 ; extension of time for completion of lines authorised under acts of 1893 and 1896; and for other purposes.
By act of 6th Augrust, 1900, extension railways were authorised to Paddington on the north and the Elephant and Castle on the south. Length, 2 miles 1 furlong 5 chains; and powers to raise additional capital of 1,000,000/. in ordinary shares, and to borrow 338,000/.; period for completion, 5 years.
By act of 1902 powers for the compulsory purchase of land under the act of 1896 were extended to the 1st August, 1904, and the time for the completion of the works authorised by the acts of 1898, 1896, and 1899 extended to the 1st August, 1906.
By act of 11th August, 1903, the time for the completion of the works authorised by the act of 1900 was extended to the 6th August, 1907, and for com- pulsory purchase of lands to the 6th August, 1905. Power was given to acquire land for a station in the Westminster Bridge Road and to enter into agreements with the Underground Electric Railways Company of London Limit^ for the supply of electrical power, the haulage of trains and the equipment and electrical working of the traffic of the Baker Street and Waterloo Company.
By act of 22nd July, 1904, powers were given to acquire additional land and construct stations at Westminster Bridge and Regent's Park.
On 14th November, 1900, the whole of the 2,885,000/. share capital was offered for subscription at par, in 66,000 4 per cent, preference shares, and 172,600 ordinary shares of 10/. each. Total shares issued to 80th June, 1904, ordinary, 98,185, preference, 66,000. Total received on share account to 80th June, 1904, 1,641,850/. Interest during construction will be paid half-yearly at the rate of 8 per cent, per annum, subject to the provisions of the company's acts, on ordinary shares Nos. 1 to 250, 271 to 27,171, and 34,172 to 84,601, and preference shares Nos. 1 to 10,750 and 65,894 to 66,000. All interest up to the 80th June, 1904, has been paid. Subscribers were permitted to pay up In full on allotment. Borrowing powers, 890,000/.
No. of Directors. — Maximum, 10; minimum, 4; quorum, 3, if number of directors do not exceed 7» and if the number exceed 7, the quorum to be 5. QualiJiccUion, 50 shares.
BALA AND FESTINIOG. DIRECTORS: Chairman— C. G. MOTT, Esq., Harrow Weald, Middlesex.
Captain J. C.Be8t,R.N.,Vivod,Llangollen. David Maclver, Esq., M.P., Liverpool, Walter Robinson, Esq., MayHeld, Meopham, Kent.
Samuel Willcox, Esq., The Grange, Bos- bury, Ledbury, Herefordshire.
Owen S. Wynne, Esq., Dol'rhyd, Dol- gelley.
OFFICERS.— Sec, George Boxall; Auditors, G. J. Whitelaw and Jas, Attfield ; Bankers, London Joint Stock Bank, Craven Road, W.
Offices -Paddington Terminus, W.
Incorporated by act of 28th July, 1878, to construct a line commencing by a junction with the Corwen and Bala at Llangower, and terminating at Festiniog. Length, 22^ miles. Capital, 190,000/., and 68,300/. on loan. The Great Western may subscribe 266,000/. under this and subsequent acts. Power to enter into working and other arrangements with Great Western, Festiniog, and other companies.
By act of 16th April, 1878, the time for the completion of this railway was extended to 28th July, 1881 .
The share capital was increased by 48,000/., and debenture by 16,000/., under authority of Bala and Festiniog Railway Additional Capital Certificate, 1882.
BAIiA AND FESTDHOG — BAIXYCASTLE. O
Br resoliitioii of riiarebokiers on llth Aagnst, 1882, the share capital of the com- pnj was emrearted into stock, as from Ist September, 1882.
The Hmm was opened for public traffic on Ist November, 1882.
A farther increase of capital was aathorised under the powers conferred upon tke conpaay b j the Bala and Festiniog Railway (Additional Capital) Certificate, Iffi4, of 50,000/., and 16,600/. on loan.
Fxsrmoc asi> Blasvait. — This company became merged in the Bala and Festiniog, ander the authority of the Great Western Act, 1880, on 13th April, 1883. LcBsth, 3i mfles.
Catitax. — The ordinary stock received amounts to 238,000/^ and the preference isock to M.OOOL Deboiture stock issued, 96,9001., carrying interest at 4 per oenL
SxTKsrx. — For the half-year ended 30th June, 1904, the directors announced the fin (fividcBd on the i per cent, preference stock, and 2f per cent, per ananm on the mHaamrj stock, carrying forward 1,442/.
j9.9fDirecimr%. — ^MaximnnL,8; minimum, 3; quorum, 3 and 2. QiMi/(/fea/t«ii,MO/.
BALLTCASTLE.
DIRECTORS: HUGH McC. McGILDOWNT, Esq., J.P., Clare Park, BaUycastle.
I>tpvty-Ch«innan— I RICHARD M. DOUGLAS, Esq., J.P., Portballantrae,
Bushmills.
Casement, J.P., Magherin- * Edmond MUeill, Esq., D.L., J.P., BaUycastle. ' Craigdun, Cralgs, Co. Antrim.
ITbosaslTKlderry, Esq., Ballymoney. ! * Right Hon. John Toung, D.L., J.P.,
1 AWTiartKT M'Xeill, Esq., J.P., Garden- i Galgorm Castle, Ballymena.
'wim, Ballymoiiey. t Robert P. Woodslde, Camsampaoa,
2 L. G. P. Filgate, Esq.. J.P., Antrim Ballycastle.
Afbs Hot^ BaUycastle.
1, Retire in 1905; 2, in 1906 ; 3, in 1907.
* Represent Belfast and Northern Counties.
t Represents the Antrim County CoundL
OFFICERS. — Sec. and Gen. Man., Hamilton M' Allen, Balijrmoney; Eng., James F. Mackxaaoo, BaHintoy, Ballycastle; Loco. Supt. and Res. Eng., George T. M. BradaiLaw. Ballymoney ; Auditors, Thomas B. Hamilton, Ballymoney, and Alex- s»der M'Alister, Ballycastle; Bankers, The Northern Banking Company Limited, BalxTcaatlc Bran^.
Chief Ofl&ce BaUymoney.
lacorporated by act of 22nd July, 1878. for the construction and maintenance of » railway from BaUymoney to Ballycastle, in the county of Antrim, Ireland* Tiw»ph li^ miles. Gauge, 3 feet. All opened October, 1880. The Belfast and Sorthcm Coontles (now Midland) subscribed 18,000/. towards the cost of the shiitrLakin^. and appointed two directors. Capital, 90,000/. in 102. shares; >n.^wing powers, 45,000/.
CAnxAL. — ^The receipts on this account to 30th June, 1904, amounted to 99,726/.; -r^. 5I.6M/. (30/. in cancelled shares) in ordinary 10/. shares, 9.027/. in baronial jTzaraniee shares, 10,836/. in miscellaneous receipts, and 28,199/. in debenture stock K. 4 per eent. The expenditure to the same date amounted to 103,997/.
KmxuK. — For the half-year ended 30th June, 1904, no dlYidend was paid on as orfinary ahanea, but 1,258/. was carried forwaid. Reserve fund, 2,500/.
J: 9f Direetcrt. — Maximum, 6; minimum, 3; quorum, 3 and 2. QuaiiUatUm^ a riiares. Northern Counties Committee of Midland RaUway appoint two addlnoaal, and Antrim County Council one additional.
Qvoram of meetings— Seren shareholders holding in the aggregate not less than MNC in the capital of the company.
Meechigs iMld m. Fehmary aad August each half-year.
6
BABBY.
BABRT. DIRECTORS:
Chairman— The Rigbt Hon. Lord WINDSOIt, St. Fagan'fl Castle, Gknnorf«nshire.
EsQm Dafrrjm, St. NichoJas, Cardiff.
George Frederick Insole, Bsq., Fair- water, IJjiOd«ff.
Rees Jones, £sq„ Bate Crescent, Car- diff.
John Howard Tliomas, Esq., Warmwell House, Dorchester.
Thomas Eoe TlKKOspson, Esq., £rw'r Delyn, near Penarth.
Thomas Webb, Esq., 11, Bute Cretceot, Cardiff.
Eng.,
Deputy-Chairman— JOHN CORY,
Clifford John Corj, Esq., Llaiitaraavi Abbey, Monmouthshire.
David Davies, Esq., Llandinam, R.S.O., Mont.
Frederick Liewis Darls, Esq., 7. Bute Crescent, Cardiff.
Robert Forrest, Esq., St. Fa(ran*fl, Cardiff.
Louis Gn^ret, Esq.^ Excbaoge Build- ings, Mount Stuart Square, Cardiff.
William Walker Hood, Esq., Glyncomel, Llwynypia, GlaaM>rgan.
OFFICERS.— Sec, W. Mein, Barry Docks; Man., Richard Evans; William Waddell; Loco. Supt.» J. H. Hosgood; Accountant, H. H. Powell: Auditors, George Rn« Fraaer, F.CJL., SI, Copthall Avenue, E.C., and David Roberts, F.C. A., Cardiff; Solicitor, G. C. I^owning, Bute Docks, Cardiff; Bankers, The National Provincial Bank of England, Barry Docks. Offices — Barry Docks, near Cardiff.
Incorporated by act of 14th August, 1884ȣorthe construction of a dock at Barry Island, 7 miles from Cardiff, and the construction of railways of about 26 miles in lengtb from the dock to the Rhoadda Valley, with access by junctions with existing and authorised railways to alt the other great mineral-producing districts of the South Wales coal-field. Authorised capital, 1,060,000/.; loans, 350,000/.
By act of 31st July, 1885, powers were given to eonstrvct a short line between Barry Dock and the Penarth Branch of the Taff Vale, in order to afford faeilitics for communication between Cardiff and Barry. New capital, 90,0001.; i«*«s, 30,000f.
By act of 7th August, 1888, it was provided that facilities should be given by the Tan Vale Company to traffic passing between the systems of the two companies at Hafod and Treforest, and that, rn default thereof, the Railway Commissioners may authorise the Barry Company to exercise running powers over the Taff Vale lines north of Treforest and west of Hafod.
By act of 26th July, 1889, the company was empowered to raise new capital. 300,000/.; loans, 100,OOOi/. The same act authorised also the formation of a separate pilotage board for the port of Barry.
By aet of 4th July, 1890, the company was empowered to raise capital, 240,000/^ loans, $0,^001.
By act of $tb August, 1^1, the name of the company was chaugred to **Tbe Barry ftailway Company,** and powers were given to construct railways giring access t« Cardiff, and to run over the Great Western's Riverside Branch. New CApital, 150,000/.; loans, 60,000/.
By act of 24th August, 1898, the company was empowered to construct an addi- tional dock and the requisite railways for connecting it with the main Hne. Powers were also givea to construct tramnroads, and to purchase additional lauds. Kev capital, 480,000/.; loans, 160 OOOf.
By act of 17th August, 1894, powers were given for the construction of a railway of about three-fourths of a mile long from Barry Station to near the centre of Barry Island, and of a breakwater at the western extremity of the island ; also for the purchase of additional laads ; for the splitting of the ordinary stack, aad for the consolidation of certain of the preference stocks and shares aad of tha debenture stocks. New capital, 150,000/.; loans, ^O^OOOf.
By act of aotb June, 1895, powers were given for the purehMe of additianal lands. New capiiaL, 70,om.; loans, 28.000/.
By act of 7tb August, 1896, powers were given to construet railways from aaar 6t. Pagans to points on the Walnut Tree and Aber branches of the Rhyainey Railway; and also an extatition of the island railway to the deep lock entrance; to parchasa additional lands. New capital, S50,000f.; loans, 116,000/.
By aet «i 16th Jiily, 1897, the eonstruetion of about 8S miles of railwayai, aad the purchase of additional lands at Cadoxton, were authorised. New capital* 210,000/.; loans, 70,000/.
BARRY.
of IStk Jaly. 189S, poven wen obteined for Uw eoMtractiMi «f a Um *s amborised Aber Brancfa to join the Bfceoa amd Jf crtbjr in the , -with a sbart brandi to join the Rh^imier ; and for tiw parduue if adSt»Bal laada. "Sew capital, 340.00D/.; loans, 8t,MM.
9f ad cf l«th Jmly, 1899. powers were gHcn to purchase aiditloaal luida aad to redace ibe ^aalificotioa of directors. New capital, €0,MQ/^ loans, i%,9W.
Bt act of 11th Aa^Qst, 19t3, extension of Ume to 1905 was granted far ooBpletiMi tf laSways anthariaed by acts of 1896 and 1898, and the compaa j waa empowecvd » rase aev capital, 9a000/.; loans, fO.OOGT.
Bi- acs o<^94th Jane, 1904, extension of tisne for conqdelion of xaflwajs antlwiiMNl ^v set c4 1897.
Br Art of 1-^th Jka^nst, 1904, tlie oompanj was authorised Co proTide aad work
Bt ssreeoient with the Great Western this company's paiw^mnr trains ran iato Csrif? from Barry, and from Pontypridd ria St. Tngufa and Ely.
Bt sjsrecsaeBt with the TafF Yale this company's main line passenger trains ran »p3rtk llT:r*/ca. Stn Jcxs. 1904. — Anthorised, 48^ miles: oonstmcted. 40| mOes; eoo> or to be oonstmcted. If miles: lines woiked. 31 miles: foreign lines
: the short tine (8| m9ea) from Tynyi Jnnctien, oa the Khynmey line.
in Jonction on the opened 1st Angast,
1904. ReeHfls:—
at 8 per cenL ..^ , , , ■
at i i-cr cent, (acts 1884. 1885, aad 18B7). ....^
at 4 pa- cent, (act 1894) ^.. ^ 1.080.000
stock at 4 per cent, (act 1897) 204,391
^cts 1884. 1889. 1890, 1894, 18i», 189C, 1888. aad
134L90 . U88U813
vasITMU;
t expended. CQM.4S9I.
of stocks— nominal increase, S95i,080f.
gross reccipu for tl>e half-year ended 80th J 3T2,89»r.. in the coiimponding taalf-y«ar « lF«^479r.; and tbe net revenaa 182,M7/., the diridends there was a ****■"*•* carriod
. 1904, awmnted
UMOV. of IJUBL,
DmoKXDs.
OaantAar Stock.
f>r
tor
I
DiTidnid
\„ ^ for
! Half- j«r. , Y«r
1901-J Dec
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-iirt — *13SJt
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IBSO— Jmte Dec.
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1900-Janej 3 10 0 t l>ec.; 210 0
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1903— Jmie . jC2 10 Dec. I 310
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.«-V3Cit 3*0*: a«c._ 3 • •- ^
ISOO-Jnnft . 1 10 0 Dec .4 0 10 0
2
1904-Jane. 3 0 Deci
Or
^-;-sr.f 3 4 0 a SiK . 3 « 0 "
1901-Jime. 110 0 Dec..! 1 5 0^
2|
t 1
Bee.- Si r-^^'l Dsct S 0 04
4i
i
8
BABBY — BELFAST AND COUNTY DOWN.
Highest and Lowest Stock Exchange Prices.
Year.
Ordinary Stock.
Preferred Ckmverted Ordinary.
Deferred Converted Ordinary.
Highest. Lowest.
Highest. Lowest.
Highest. Lowest.
1894
2401 ... 208i
••••ftft ftftft ftftftftftft
ftftftftftft ••• ••••ftft
1895
269i ... 240
ISOi ... 1231
148| ... 126|
1896
293f ' ... 266
185 ... 124
167 ... 148
1897
295i ... 286
181 ... 127i
166f ... 156
1898
288 ... 2581
]29f ... 120f
1621 ... 184^
1899
878 ... 256
125^ ... 110
151 ... 188
1900
250i ... 199
113 ... 107J
189 ... 90f
1901
217j ... 195
108^ ... 102
111 ... 85
1902
210 ... 170
110 ... 99
105 ... 70
1903
195 ... 180
105 ... 95
95 ... 80
1904
211 ... 184
108 ... 96i
112 ... 85
Dividends are payable half-yearly on all the stocks.
BELFAST AND COUNTY DOWN.
DIRECTORS: Chairman~8 Right Hon. THOMAS ANDREWS, D.L., Ardara, Comber. Deputy-Chairman— 1 JAS. BARBOUR, Esq., J.P., Ardville, Holywood.
2 W. J. Hurst, Esq., J.P., Drumaness,
Ballynahinch, Co. Down. 2 The Right Hon. Sir Daniel Dixon, Bart.,
D.L., Ballymenoch, Holywood.
1 Thos. Richardson, Esq., 47, Rosemary
Street, Belfast.
2 Robert David Perceval-Maxwell, Esq.,
J.P., Wood Lodge, Annsborough, Co. Down.
1, Retire in Febrnary, 1905; 2, in 1906; 3, in 1907.
OFFICERS.— Sec, Thos. J. Brittain, Belfast; Man., Charles A. Moore, Belfast; Eng., George P. Culverwell; Loco. Supt., R. Q. Miller; Accountant, 0. J. Mytton, Belfast; Auditors, Wm. B. Peat and J. A. Forster, 3, Lothbury, E.C: Solicitors, Johns, Bates, and Johns, Belfast and Dublin; Cashier, Hugh Evans; Hotel Manager, James Clarke, Slieve Donard Hotel, Newcastle, Co. Down ; Bankers, Northern Banking Co. Limited, Belfast.
Head Offices — Queen's Quay, Belfast,
Incorporated by act of 20th June, 1846, for a line from Belfast to Downpatrick, with branches to Holywood, Donaghadee, and Bangor ; total, 44^ miles. The branch to Holywood, 4^ miles, was opened on 2nd August, 1848; from Belfast to Newtown- ards, 121 miles, on 6th May, 1850; f^om Comber to Ballynahinch, on 10th September, 1858, 13 miles; to Downpatrick, 9 miles, on28rd March, 1859; and the line completed by the opening of the branch from Newtownards to Donaghadee, on 3rd June, 1861, 10 miles. Newcastle, 11^ miles. Belfast, Holywood, and Bangor, 12^ miles. Downpatrick to Ardglass, 8 miles. In operation, 76^ miles.
. The following is a list of Acts obtained by this company since its incorporation with short heads of the objects for which the various powers were sought:—
1855 — 25th Mat.— Capital fixed at 500,000/. Borrowing powers restricted to 166,6662. Extension to Ballynahinch, 8^ miles further.
1857— 10th August.— Subscription of 15,0002. to Portpatrick.
1858— 12th July. — Extension of time for the purchase of land.
I860— Extension of time for making Donaghadee Branch.
1861— Abandonment of Bangor Branch.
1861 (Downpatrick and Newry Act).— Subscription of 20,000/. to Downpatrick and Newry.
1865— 29th June.— Transfer of Holywood Branch to Belfast, Holywood, and Bangor.
1873— Reduction of rental of Holywood Branch to 4,000/. per annum.
1876— llTH August.— Provisionis for the discharge of the company*s liabilities, and redemption of mortgage debt. Consolidation of stock. New capital, 65,000/. in "A" preference stock.
BELFAST ASD COCSTT DOWN. 9
1881~22ss Ar«csT.— The Belfast and County Down Railway (Newcastle Transfer) Aet^ IWl. (Seebdow.)
18M— 14th JX7I.T.— TIm Belfast and Connty Down Railway (Bangor Transfer) Act. 1884. (See below.)
1S91 — lu> JuLT.— The BelCut and Oranty Down RaUway Act, 1891. To enable the company to oonstmct a new raflway Ooop line); to widen and improTe portions ef their existing railway: to purchase additional lands; to raise additional capital ; to erect hotels; to consolidste prrferaaoe and debenture stocks ; and for other pniposes.
1900— Shs JuLT.—The Belfast and 0>nnty Down Raflway Act, 1900. To anthorise the company to constmct a imilway from Newcastle to join the raUway of the Great Northon of Ireland at Castlewellan ; to ran OTcr and nse a portion of the railway of that company; to eonfer further powers upon the company with reference to steam Tessels: and futher powo-s in connection with their under- taking; and fcr other purposes.
BsLFjtsT. HoLTWooD,A3ro Basgok. — ^By act of 14th July, 1884, this undertaking was transferred to the Belfast and County Down as from 1st September, 18S4. — For psrticnlars as to the positkm of this ccHupany in the past, see Mahuaj. for 1884, pages 18 and 19.
DowxFATKiCK, DcsDBUX, AVD Nkwcastlb. — This railway was transferred to the B^fast and Oranty Down, under the prorisions of the Belfast and County Down (Newcastle Transfer) Act, 1881, the consideration being the ps3nnent of 12.009/. in cash and the issue of 38,0002. of dd>entures to the Newcastle Company, and the transfer is subject to certain rent-charges specified in the first schedule annexed to the act. The act receiTed the royal assent on 22nd August, 18SI.
DowsFAXXicK, KnxouoH, ASD Akdglass (Light).— To be worked, constructed, and maintained under agreement with the Treasury, the undertaking being aided by a free grant of 90,0001., out of moneys provided by the Treasury, or by a per- petual annual pajrment <rf 3 pa* coit. thereon. Its construction as a heavy railway is also aathorised, as also has been a perpetual baronial guarantee of 3 per coit. on 17,000L, portion of the capital. Opened 8th July, 1892. Length, 8 miles.
Capital. — ^The expenditure on this account to 30th June, 1904, amounted to L450.72S7. as follows: — Cn lines open for traffic, 1,22&,018<. ; lines in coarse of con- structioo 8.36M. ; working stock, 196.335/. ; on steamboat, 19,402/. The receipts, as ffiren In d^ail below, amounted to 1,385,378/., the balance against the account being €5.343/. :—
Ordinary stock .«^... £419,280
5 per cent, preference stock 248,141
4f per cent. **A ^ prefo^noe stock ........m...... .......»••»•.*....*..••. 50,000
4 per cent, preference stock «. 200,000
3 per cent, baronial guaranteed shares 17,000
I>ebentnre stock at 4 per cent. 190,606
Debenture stock at 3 per cent 138.000
praninms on issue of stock 92,291
Treasury grant (Downpatrick, Killough, and Ardglass Railway)... 30,000
£1,385,378
PRIORITIES, DESCRIPTIONS, DIVIDENDS. Ac OF STOCKS AND SIIARElS.^The following is a list of this company's Secarities. numbered in order of priority, with conditioas of issue tn brief, the descriptions of stocks and shares to he observed in transfer deeds and all other legal documents relating thereto, viz.:—
1— Foc^ Twm Ckxt. Dkbextckb Stock.— Interest aocumnlative, and payable half- yearly. 30th Jane and 31st December. Transfer books close about 14 days before payment.
2— Thueu FES Cnrr. DEBKKTirsB Stock. — Issued under act 1884. Interest accumulative, and payable half-yearly, 30th June and 3Ist December. Transfer books close about 14 days* before payment.
3->**A** PuEFumcB Stock.— Issued under act 1876. Dividend at 4i per cent, per annum, contingent upon profits of each separate half>year, payable 30th June and 31st December. Transfer books close about 14 days before payment.
10
BELFAST Airo COUlfTY T>OWS.
4 — ^Fnr« tsx Ccvt. Pk^vkeucs Stock.— Issaed nnderacts 1865 and 1876. Biri- dends accmnolatiTe, and payable half-yearly, l«t March and Ist September. Traiufer books close 14 days be/ore the dji&e e€ each half-yearly neeting.
5 — Fous PKK Ceht. Pbefebekcb Stock. — Issued under acts 1881 aad 1884. Dividends payable half-jeariy, 1st March .and Ist S^tembtf. Transfer books close 14 days before the date <tf each half-yearly meeting.
6— Obdikabt BmABMMr—luwBd under act 1855. C<MiTerted and coaaolldated into aa ordinajy stack 4th Amiriut, 1891.
Thsbk pkr Ckxt. Baroxial Guarahtbkd Shares. — Issued under "die pro- visions of the Downpatrick, KiUough, and Ardglass Railway Order, 1890, and the B^fast and County Down Railway A^ 1891. Diridead payable half-yearly, 30th June and 81st December, ^oaranteed in perpetuity by each, the Baronies in Coonty Down. Nominal value of these shares 10/. transferable.
Revendk.— The receipts and expenses on this account for the half-years ended 30th June, 1903, 31st December, 1903, and 30th Jane, 1904, were as under:—
Passengers, parcels, malls, Ac «^.
Goods, minerals, and cattle
Jane, 1903. £47^73 19,354 593
Oec, 194»3. je59,567 20,779 536
June, IMML £47,611 30.806
Rents and transfer fees
608
Gross receipts
£67,019 41,385
£80,878 47,625
£69,025
Expenditure „
4«,7«0
Net
Add — Balance from previous half-year
Bankers' and general interest...
Slieve Donard Hotel— Profit on working year
to 30th September, leas pr4>vision for
reneirals .••..^•m.»..m..m.-<..~..«<>.— — ~-
Tolls on Belfast Central per Great Northern
Baronial guaranteed shares— Down County Council's contribatlon for dividend . ^.^
£25,634
5,031
62
••• 116 255
£33,248
2,394
180
99 123 355
£25.295
5,498
115
121 255
Total net revenue
£31,U83 8,006
£36,249 7,969
£81,284
Interest, Ac •••.«>••••... ...•(^••••••••••..•.•••••■•m**.
7,999
Dividends on 5 per cent, preference stock ...
£23,080 6,304
£28,380 6,304
£23,285 6,204
Dividends on 4 per cent, preference stock ...
£16,876 4,000
£32,076 4,000
£17,081 4,000
Dividendson ordinary stock at 5, 6, and 5 per cent, per annum resoectivelv
£12,876 10,482
£18,076 12,678
£13,081 10,482
Balance carried forward
£2,394
£5^8
£2.599
The passengers cairied daring the half-year ended 30th June, 1904. were— l^t , 8i,185; 2nd, 237,050; 3rd, 850,044, being a total increase of 21,538 over the corresponding period of 1908.
The rolling stock consists of 30 locomotives, 172 passenger coaches, 567 goods wagons, and 37 ballast wagons. The company has its own workshops for making carriages.
TRANSFER DEPARTMENT.
Transfer form— ordinary.
Several classes of stocks, including debenture stocks, may be transferred on the same deed; fee, 3s. 6d, per stock.
Certificates are required to accompany ttansfersto the Secretary.
Amount of stock transferable — i per cent, debenture, 10/. ; 4^ per cent. ^ A" preference, 10/. ; 5 per cent, preference, 1/.; 4 per cent. preference, 10/.; ordinary stock, 10/.; 3 per cent, debenture, any amount including f raetioBS of a £.
Meetings hold half- yearly, in February and August. Dividends payable 1st March and 1st September.
-SetOetf FMtef .-^>iie vote for every 50/. OTdinary stock up to 500/. ; one for every 250/. beyond up to 5,000/.; and one addttioaal for every 600/. beyond 5,000/.; the 5-|ier cent, and 4 per cent, preferenoe stocks vote on the same scale as ordinary stock.
Ho. of Directors. — Maximum, 10 ; minimum, 6. Qualification, 1,000/.
J. F. ftards. Eaq., l^ahniana, Strand-
BIDEFQBDi, WB8TWABD HO ! Ain> APWJCDOBg-^BIKK KH H K A D, 11
BBBOUMMIK AVD lOEWBT.
DtRECTOKS : UCUAUDSON. Efq., IfouDt Cavlfield, Benlirook. Co. AnnJ«h.
H._Ba]Tnift, Esq^ DX., The Glen, J C. H. RichardsoiL, Esq , Donegal Square^
Belfa«t. B. T. Soutt, Esq., Dones^l Square, Belfast. W. IL Pan, Ksq., Bet^rftolL, Armagh. SeatiMxj — W. Soott, Bessbrook, Armagii.
iBuwpwsted in 1SM,«Bder the Tmaways and Pabfic CompaidM (Irdand) Act to oonstmct a light raOwar, t miles in le>h, and worked by deetrieitT. AatlMsnaed cafrital, ^^.SMS:. iadndins loduuu and 1^.000/. issaed in 10/. shares.
The aem— ts are aaade np half-yearly to 30th Jane and list Deconber. The fiist AriAoid paid was S per cent, per aanam !<»■ the second half of IF^ and 2^ per ttBL per aaawB wss paid for first half-year of ISlPfi, and 2 per eent. per aanwa for the fotkomiag six Utf-years to 90th June. 1S9^ No diridcad has sonoe been paid.
For IMS the aot ***»-w»-e« aasoanted to 6S0f^ and for 1S03 212^
Tlttim^ .^Bwer.— One vote for every share np to 10 shares, ooe for every fire diarea keyead xsp to IHQ, and one for every 10 shares beyond.
BmVOBfiL WERWABD HO! AMD AnUEDOBS.
DfKECTOKS:
Lb KOBEKTBOS. Esq.. Doningtoa Haose, Kaofolk Street, Strand, W.C.
Captain G. If. F. Molesworth. B.K., Union Oab, Westward Ho! Deron.
H. S. Day. Doningtai HooBe, Street, Strand, W.C.
OFflCEKS.— Sec, tL IL Booth, Dooinston House. Xorfolk Street. Strand. W.C4 Man^ H. Bowden; Acct. £. A. Cfavdksfh; Amditor«, Dhcan. WHsml, Tnbbs, and Co; Saikators, Ffiach and Chavter, Barnstaple; Be^stxar. F. C. Cocking
Tnfwiijiiiiiafcid by act of 2l8t May, lf9i. for coBStmctii^ tlvee railways in the crasiij tf Devoa — Vo. 1, a railway or traaaway, 1 f nrkmg f (dudne 90 links in length* hi the paiisii of Bid^ord; No. 2, from termlnatioo of No. 1 to Pebbleaidge at Weet- «ai*d fioJ incCk, 4 ailes J fuisBtss » chains M links; Na. 2, fsam lowinaiton If Jta.HaJLfipir^arr,i— gih.2iBitesSfcrioaS«4-2tehaiBs. Pariod for amplrtMn of worloi, S y«ars. Tbe fine has cmly been otfostracted af £u- as the goii Isak* beiswr Sorthani, amd ti>e powers to oonstroct the remaining portion hare lapsed. Capital ikOtOL in Kf. aharea. with power to tfride into jatrfetred axid deferred lia}f^«iHtres. %m low'iiife' pmweia. 'X.OOM. An appliratira has been made to tbe Lii^t Bail war Commisfiinners for powers to constmct an extenaon to ApjOedt-re, and tbe Bt»ar<5 sf Trade has now iranted a Li^bt Railway Order autborsBin^ ibc ctmstmctkni i-f thif extension and of two loop lines, and allowing tbe whole fi\ stem to l>t worked at> A Ld^fat Bail way.
JTq . of 2>snflgor«.--1i aYrmnm, 4 ; wwniTnaTu 2 ; qnonun, 2. Qualvficatton, 2^ sharw.
DIBECTOBS:
Linemaaa^vd by a joint eoounitiee. representjsf the Great Western ai*c li * LoMkm aad Xonli W«neni, Tia. *. —
Qremi WfsKterm^ London mnd Horth ITestem.
rmXigrkt Hon. Eari Cawdor. PfinAwTkke. 7*be l^^rta Hub.. Lord StallTid^. SH.
Walter BaWaaosL Esq.. Mayfieid, M e»- i^neenttbttrunc^ Terrace. KajrwKier.W.
yhat. Kenit. H. Ward. Esq.. Bodimstim. Peukndf «.
U««i4 Maci'V'Er, £flq.,M.P^ Kaaer HfB. StafFurd.
Birkenhead. Tbe Hon. C S. Lrwrenct, 2t, Eaton
kiexander Hnbfaard, £sq., HumefifikL s>qnan^ 2LW.
St. fitegiben s Bnafl. FjiTtnc W. S .T.IiiciusrA0tii,Eaq,J&3rin-i:MJLSvuht. C. C. Xotl. Esq.. Harrow Weald LiOdge. . Waxfurd.
Harrow Waalfl. ICadjesex.. P. H. Ctiambres. Esq.. Bbiaara. fLi^j ..
JOINT OmCEEfi. — Sec., AuE. Boiler; Su]n... W. Tbunit, Shrewsbary ; i.a^. K. £. Johnston. MJ.n«t.C.E.. iiirkenbead.
1-2 BIBKENHEAD — BBSCHIN AND EDZELL DISTBICT.
An amalgamation of a company incorporated nnder the title of the Birkbnhbad, Lancashirb, and Gheshirb Junction, and of the Chustkk and Birkbnhbad, under act 11 Vic, cap. 222 (1847). The company assumed its present title under act of 1st August, 1859. Productive, 47 miles.
For brief details of Acts from 1852 to 1871, see Manual for 1882, and previously.
ExTBNSiON FROM Qranob Lanb TO WooDSiDB FsRRT (Great Western Additional Powers Act, 1871). — The new station at Woodside, in connection with this exten- sion, was opened April, 1878.
Extension from Parkgatb to West Kirbt (London and North Western Act, 1'882). Length, 7f miles. Opened for traffic on 19th April, 1886.
Arrangehknt with London and North Western and Orbat Western. — The terms of this arrangement are as follow: — The two companies, as from Ist January, i860, assume the Birkenhead debenture 8tock,mortgagedebt,and liabilities on capital account, not exceeding in the whole 512,000/. The two companies to pay half- yearly, as from 1st Januaiy, 1860, dividends upon Birkenhead ordinary capital of 1,941,506/. after the rates following, viz.:— For the years 1860 and 1861, 2J per cent, per annum ; for the years 1862, 1863, 1864, and 1865, 3^ per cent, per annam ; and for the year 1866 and thereafter, 4 per cent, per annum. If during the year 1860 the earnings of the Birkenhead, after deduction of interest on debt, and an esti- mated percentage for working expenses, shall exceed th% rate of 2^ per cent, per annum, then the next higher rate of 3^ per cent, per annum shall commence, and be paid in respect of the year 1861, the certificate of the auditors of the two companies on that point being final and conclusive. The two companies to keep the Birken- head register of stock, and to distribute the dividend, &c. This arrangement was finally completed in August, and the leasing companies took possession on 18th November, 1860.
4^ per cent, preference shares have been issued to the extent of 474,1782., and have since been converted into preference stock.
Capital. — The capital consists of 1,941,506/. in ordinary stock, bearing dividend at 4 per cent, per annum, and 474,178/. in preference stock, ut 4^ per cent, per annum.
The dividends, computed to 30th June and 31st December, are payable 21st January and 21st July to shareholders registered about the 12th of those months respectively.
Transfer form, common; fee, 2^.6^. All communications under this head to be forwarded to J. Bishop, Esq., Secretary L. & N. W. Railway, Euston Station, London, N.W.
The Right Hon. James Alexander Campbell, M.P., of Stracatbro, Brechin. John Sbiell, Esq., Brechin.
BRECHIN AND EDZELL DISTRICT.
DIRECTORS:
Wm. Shaw Adamson, Esq., of Careston,
Brechin. Wm. McNab, Esq., of Keithock, Brechin.
OFFICERS.— Sec, D. G. Shlell, Brechin; Auditors, James Craig (Town Olerk) and John Black, Brechin; Solicitors, Shiell & Son, Brechin.
Incorporated bv act of 25th July, 1890, for the construction and maintenance of a railway, 5 miles 52 chains in length, from the Brechin Branch of the Caledonian to Edzell. Period for completion, 5 years. Working and traffic arrangements with Caledonian. Capital, b7,500I. in shares, with power to divide into preferred and deferred half-shares. Loans, 12,500/.
By act of 27th July, 1898, substituted railways and abandonments were author- ised, and an extension of time for completion of works was granted until 25tb July, 1896. Reduction of directors' qualification. Additional capital, 5,000/. loans, 1,666/.
Opened 1st June, 1896.
No. o/Z)ir«c/or}. •Maximum, 4 ; minimum, 3 ; quorum, 3. Quaii/lecUUmt 96 shares*
BBECON AND MERTHYB TYDFIL JUNCTION. 13
BRECON AND MEBTHTR TYDFIL JUNCTION.
DIRECTORS: Chairman— H. F. SLATTERY, Esq., 13, Old Broad Street, E.C.
Depnty-Chairman->W. BAILEY HAWKINS, Esq., Stagenhoe Park, Welwyn,
Herts.
William de Winton, Esq., Maesderwen,
Brecon. T. Dolling Bolton, Esq., M.P., 3, Temple
Gardens, E.C. Walter S. B. McLaren, Esq., 66, Ashley
Gardens, S.W.
Sir George Plgot, Bart., Warfield Qrove^
Bracknell, Berkshire. S. G. Sheppard, Esq., 67, Old Broad
Street, E.C. Stephenson R. Clarke, Esq., 4, St. Dan-
Stan's Alley, E.C.
All eligible for re-election.
0FFICER8.->Sec. and Gen. Man., H. R. Price, 132, Palmerston House, E.C; Ant. Sec., W. W. Heard; Eng., C. H. Thomas, Newport, Mon.; Loco. Supt., 6. C. Owen, Machen ; Audit Clerk and Accountant, F. H. Shepherd, Newport, Hon.; Auditor, Charles Fox, F.C.A. ; Storekeeper, W. J. Griffiths, Brecon; Bankers, National Prorincial Bank of England Limited, Newport, Mon., and National Bank, 18, Old Broad Street, E.C.
Offices — 132, Palmerston House, Old Broad Street, E.C.
Incorporated by act of Ist August, 1869, for constructing railways in the district between Brecon and Merthyr Tydfil.
For short heads of Acts obtained during the years 1860 to 1871, see the Mavual for 1881, and prerious editions.
By act of 38th June, 1888, powers were obtained for the purchase of lands in ▼arious places, and for the preparation of a scheme for the coosolidation of the guaranteed and preference stocks of the company.
By act of 14th May, 1895, powers were obtained to raise 30,000/. by the creation of "B** debenture stock, for the purpose of doubling portions of the line, and also extension of time to 31st December, 1900, for preparing a scheme under the act of 1188. Such scheme was circulated in December, 1900, and, being approved by the shareholders, was duly carried into effect by the directors in April, 1901.
MiLSAGx, 30th June, 1904.— Lines owned (including line held jointly with London and North Western), 61| miles ; foreign lines worked over, 6f miles ; total, 68^ miles.
Capital. — The statement showing the priority of the securities of the company at 30th Jane, 1904:—
Description. Created. Received.
Rent-charges £14,076 £14,076
Rumney preference shares, charged primarily en the
Rumney undertaking » , , 46,600 46,600
Debenture stock "A*' 402,672 34<J,67JJ
Debenture stock " B " 660,11«1 666,498
First preference stock 4 per cent 106,750 104;,174
Second „ „ 4 per cent 206,750 i 20.S,7fXi
Third „ „ 4 per cent 223,500 223,500
Fourth „ „ 4 per cent 3.55,000 321,480
Ordinary stock consolidated under act 1866 325,000 264.^/)
Unissued, or not paid up, 164,378/. Available borrowing powers, 59,692^
For Priorities of the various securities of the company at 30th June, 1887, see Makual for 1888, page 22.
CoirsoLiDATios or Dkbestuke Stocks. — For Scheme of Arrangement, enrolled 9th June. 1882, see Mahual for 1884, page 24.
CossoLiDATiOH OF Pretskxsce Stocks. — For scheme of arrangement, pruwe'l 22nd February, 1901, see Mascal for 1901, page 16.
14
BRECON AND MBSTHYB TYDFH* JUNCTION— BKIDGWATER.
The receiptar and expenditarv on CApHtalt Eee^voA to aoth Jme, 1904, were given as follow: —
Received. i Expended.
Shares and stock » ^. £1,167,714 i Lines open for traffic ^...» £1,611,891
Debenture stock 1,037,124 Working stock 122,922
Rent-charges - ^...^... 14,075
Interest, premiums, forfeited
shares, proceeds of telegraph,
ararplas tand», <bc. 9,059
Amount of debenture interest
capitalised in "A" and "B"
stock 266,671
Amount of debenture interest
capitalised in 1865 preference
BtwHi »
Balance of supplemental re-
venne accovnt, &e.
Difference on conversion of
Rumn«y (Href erence shares . . Difference on consolidation of
preference stoeks .........*.....
Balance....
•*•••••«••
£2,227,972
89,429 99,009
1,280
49,874 73,00fl
£),227,972
Revenue. — The gross receipts for the half-year ended 30th June, 1903, were 48,898/. and the expenditure 30,714/.; for the half-year ended 81st December. 1903, the gross receipts were 66,078/. and the expenditure 36,081/.; and for the half-year ended 30th June, 1904, the gross receipts were 52,5712. and the expenditurv 32,876/.
The scheme of arrangement for the capitalisation of the arrears of interest (5 per cent.) upon the "B" debenture stock outstanding to the 30th June, 1901, was duly enrolled in the Supreme Court of Judicature on the 21st May, 1902, and stock cer- tificates were issued to proprietors entitled thereto, Fov infomuition of the amonnt of interest paid prior to the foregoing scheme, see the Majtcal for 1904, p«kge 16.
For half-year ended Decam:ber, 1901, full interest at 4 per cent, per annum was earned upon the "A" and "B" debenture stocks. June, 1902; full interest was paid on "A" and ^ per cent, per annum on '*B" debentu-re stocks. Deceml)err 1902, full interest on the "A" and 2 per cent, on the '* B " (being i per cent, arrear and If per cent, for tbe I lialf-yearX June, 1903, full interest oa ** A*' and If per cent, on "B " (being i per cent, arrear and 1^ per cent, for half-year), leaving t per cent in arrear. December. 1903, 2 per cent, was paid on "- B'\ June, 1904, 2 per cent, was again paid on "B," thas leaving ^ percent, still in arrear.
Highest and Lowest Stock Exchange Prices.— "A*' debentures— 1899, 126 and 116^; 1900, 116^ and 101^; 1901, 105 and 103; 1902, 107 and 102; 1903, 103^ and lot A ; 1904, 103 and 99^. "- B " debentures— 1899, 109 and 102^; 1900, 105 and 91 ; 1901, 91 and 84^; 1902, 91 and 80 ; 1903, 90 and 80; 1^4, 93 and 86|.
TRANSFER DEPARTMENT.
Deed— cxnnraon. Fee, 2s. Bd. each seller. Stock certificates to accompany deeds. Several classes may be transferred on one deed.
Transfers limited to 1/. stock; no frao-
tions transferable. Communicntions under this head to be
sent to the Secretary.
Meetings in Februfliy and August.
jVo. of Directors — 8; quorum, 3. Qualiflcation^ 5007., preference or ordinary stocks
BRIBOWATER.
DIRECTORS:
Chairman— HENRY HALES PLETDBLL BOUVERIE, Esq., Brymore, Bridgwater, and 1, Pall Mall East, S.W.
Robert A. Read, Esq., 45, Parliament I Alfred Peace, Esq , J. P., Bridgwater, Street, Westminster, S.W. |
OFFICERS.— Sec, E. B. Read; Auditor, Octavius Knox.
Offices — Temple Chambers, Temple Avenue, E.G.
Incorporated by act of 1882. Length about 1\ miles, from the Edington Station of the Somerset and Dorset, into Bridgwater. Aathoriied capital, 135,000/. in shares, and 45,000/. in debentures.
BBID6WASBB — BBIQHTON AMD DYKB. 15
Bt their act of lOth Angvat, 1868t the eonquuiy obtahned power to issue 60,000/. of tbeir ordinary shares as entitled to a dlTidend not exceeding 4| per cent, preference shares.
WouosG AcBxsifEirr vitb London and South Wbstebs.^ — The London and donth Western have agreed to -wrork, eqnip, manage, aiid maintain the Bridfrwater in perpetuity, for 50 per cent, of the grc^ss receipts, and to pay over t* the Bridg-' witer half-yearly, on 30th June and SIst December in each year, the reouUning M per centTof such gross receipts, together with a fixed sum to cover administration expenses. They have further i^reed, that In the event of tlie M per cent, of the «sriiings assigned to the Bridgwater not predocing suffieisnt to pay interest at 4 per cent, per annum upon that company's debentures (45,00(M.)t t^nd dividends ^ per cent, upon the share capital, they will pay to th» Bridgwater a rebate of lfl9%l, per annum, or so much thereof as may be necessary, out of the reeei4)ts of fbe London and South Western, in respect of traffic conveyed on Ita railways to tad frmn any station of the Bridgwater. This rebate is supplemented by an addi- tional rebate of 900/. per annum (payable under similar conditions), granted by the London mtd Sooth Western and Midland Companies, out of their receipts on their joint Somerset and Dorset Line, in respect of traffic to and from Bridgwater.
The line was opened for traffic on 21st July, 1890.
Capitai.. — 30th June, 1904. Amount expended, 180,000/. Receipts: ordinary stock, 7A,60G#. ; 4^ per CMit. preference stock, 60,000/. ; debenture stock, 45,000/. ; tout, 180,000/.
Rxmnm. — 31st December, 1908. The balance of net revenue account, after payoMaK of debantnre interest, sufficed for dividends at the full rate of 4^ per cent, per ann«B ett the preference stock, and at the rate of 6 per cent, per annum on the ordinaiy stock.< — 30th June, 1^04. The balance of net revenue, after payment of debenture interest, sufficed for a full dividend at the rate of 4^ per cent, per ammm on Ute pceference stock, leaving 1,101/w 12a. 2d. to be carried forward.
Transfer form, common; fee, 2s. 6d.
Jo. of Directors. — Maximum fi; miuimuu, 3. Clutti^kaHon^ 30 shares.
BEMBTDN AHD BTXE.
DIRECTORS: Chairman— The Hon. ASHLEY PONSONBY, 9, Prince's Gardens, S.W.
Ui^ior W. F. Gordm, St. Edmunds, Den- I Colonel William Swynfen Jervis, Wood- mark HUl, Wimbledon. | side, Southsea.
Receiver — J. F. R. Daniel, Fircliff, Portishead, near BristoL
OFFICERS.— Auditors^ W. H. Kldson, C.A., 64, Gresham Street, E.G., and Charles Purrott, West End, Southampton; Solicitors, Powell and Rogers, 17, Essex Street, Strand, W.C. ; Bankers, Glyn, Mills, Currie, and Co., Lombard Street, EjC.
Offices— 181, Queen Victoria Street, E.C.
Incorporated by act of Snd Angnst, 1877, for making two railways. No. I, from Aidrington to Uangleton ; length, 3 miles 1 furlong 6 chains. No. 2, from Hangle- t«B to Poynings; laigth, 1 mile fr furlongs. Period for completion of works, i years. WorkLig arrangements with London, Brigfatrai, and South Coast. Capital, IlOOOi. m 10/. shares, with powers to divide into preferred and deferred half- tharea. Borrowing powers, 24,06V/.
For brief particulars of the acts obtained by this company, and the varioua aereements entered Into with the London, Brighton, and South Coast, see the Mastal for 1904, page 18.
Tbe Line waaopeaied Ist Soptember, 1887.
A Receiver was appointed in October, 189&.
.To. of Directors — 6 ; quorum, 3. QtuU^atioH,20 shares. Number may be reduced :o 3, witft a quomm aft.
16 BUDLEIGH SALTEBTON— BURBT POBT AND GWENDEEATH VALLEY.
BUDLBIGH SALTEBTON.
DIRECTORS: Chairman— The Hon. MARK BOLLE, Stevenstone, Torrington, Devon.
Thomas N. Brushfield, Esq., The Cliff, Budlelgh Salterton, Devon.
Edwin F. Chamier, Esq., Goodrest, Ex- mouth, Devon.
Ungh H. J. W. Drnmmond, Esq., Syon
House, East Budleigh, Devon. Robert Walker, Esq., 7, East Terrace,
Budleigh Salterton, Devon.
OFFICER.— Sec., Edward T. Rookes, Exmouth.
Offices — Manchester House, Exmouth.
Incorporated by act of 20th July, 1894, to construct a line in the county of Devon, commencing at Tipton Junction, in the parish of Ottery St. Mary, by a junc- tion with the Sidmouth Line, and terminating at Budleigh Salterton. Length, 6 miles 4 furlongs 7^20 chains. Period for completion, 6 years. Working arrange- ments with the London and South Western. Capital, 60,000/. in 10/. shares, with power to divide into preferred and deferred half-shares. Borrowing powers, 20,000/. The line was opened 16th May, 1897.
Under an agreement with the London and South Western the line is worked by that company at 60 per cent, of gross receipts.
CAPiTAL..>80th June, 1904:-—
Ordinary shares of 10/. each £60,000
Mortgage debentures 8,000
£68.000 Expenditure 62,808
Balance £197
Available borrowing powers, 17,000/.
Rkvenue. — Half-year ended 30th June, 1904.— Oross receipts: 1,213/. Expenses: 819/., net, 394/. After adding 551/. (working company's guarantee) to the net receipts 3 per cent, per annum was paid on ordinary shares.
Meetings held in February and October.
BURBT POBT AND GWENDREATH VALLEY.
DIRECTORS:
Chairman— The Right Hon. the Earl of ASHBURNHAM, Ashburnham Place,
Battle, Sussex.
Lieut-Col. Sir Thomas E. Milborne> Swinnerton-Pilkington, Bart., Cbevet Park, Wakeneld.
William J. Buckley, Esq., J.P.,Pen-y-fai,
Llanelly. George Herring, Esq., 1, Hamilton Place,
Piccadilly, W.
OFFICERS.— Sec. and Solicitor, Seaton F. Taylor, 5, Gray's Inn Square, W.C; Man., Arthur Morgan; Acct., Edward Evans; Bankers, The London and Pro- vincial Bank Limited, Llanelly, and the London and Yorkshire Bank, Draper's Gardens, £.C.
Offices— 5, Gray's Inn Square, W.C, and Burry Port, South Wales.
Incorporated by act of 5th July, 1865, to convert the Kidwelly and Llanelly canal into a railway, from Burry Port to Kidwelly and Cwm Mawr, with several branches. Length, with branches, 21 miles. Under an arrangement filed in the Court of Chancery, 28th November, 1890, and enrolled 24th February, 1891, the capital account was reorganised. The effect of the scheme was to reduce the capital powers from 373,000/. to 150,000/., to reduce the interest on the debenture bonds and debenture stock from 6 per cent, to 4 per cent., to wipe out arrears of interest and to enable the directors to raise fresh capital, to extend the line from Burry Port to Llanelly, and improve the undertaking.
Under a second arrangement filed 7th April, 1898, and enrolled 29th July, 1898, the loan capital of the company was further increased by an addition of 30,000/. 4 per cent, debenture bonds and 19,650/. 4 per cent, debenture stock, to complete certain improvements of the undertaking; and Mr. John Russell, who was re- appointed Receiver and Manager by an order of Mr. Justice Stirling, dated 6tb February, 1896, was discharged from that office.
BCSJtX FOBT ASD GWE}n>B£ATH TALLEY — CAIiEDONIAN. 17
For acis tnm I86S down to 1873, see Masual for 1881, and prerions editions. im — S8m JCLX. — Powers to form a jonctioa with the Hynydd Mawr, at a point Saady Gale, in the boroojii of Uanelly.
ahaie and loan capital of the company now staads aa follows : — created, or sanctioned —
• ••••«•»«••••••••••••••• Ovf 22V
CMBQ8>« 4 per cent •••••••«••••••••««••«••••••••••«•••••«•• {fUyUUv
1 4 per owifc— ——»•»»»•»*»•••• *—••—•»—•••— —o< oVfV^Ai
£199,650
Miles in <^>eratkMa, 21.
Ksmrux. — ^For the year 1903 the total receipts amounted to 19.221/., and the ezpeBditnre to 10,979/. Foil interest was paid on the debenture bonds and d^tentore stock, and 5 per cent, for year on the preference shares.
Ja. o/ Direttmrg—^i miBiiBua, Z; qu<M'aui, S and 3. QualiJieaUioii,599l.
GALEDOHIAH.
DIRECTORS:
Chairman— Sir JAMES THOMPSON, Glasgow.
Ur JAMES KING, Bart, Campsie, Glasgow. Husli Brown, Esq.. Glasgow. t Darid Tod, Esq., Eastwood Park,
J. Haasflica Hooldsworth, Esq., Castle- ! GifFnock.
hank, Laaark. I Hon. G. R. Vernon, Andians, Rilmar-
WQlimm Toongcr, Esq., Ravenswood, nock.
Mairaae. i The Marquis of Breadalbane, K.G., Tay-
Lvd Scwlaada, Maoldslie Castle, mouth Castle, Aberfeldy.
LaaukshireL I R. W. B. Jardine, Esq., Castlemilk,
Edward Csk. Esq., Caidean, Meigle. | L.ockerbie. Hy. ABas, Esq., 2d, Bothweli Street, , Sir Charles Bine Rcnshaw, Bart^ M.P.,
Glai^tMr. j Barodiaa, Houston.
Sr M. JCt^til-Tliomsoo, Bait^ Edin- !
OFFICERS :
; John Blackburn. i District Traffic SnperintendeBts, Charles
GeDeral Manager, Robert Milhu-. I Smith, Aberdeen; J. D. Lang, Perth;
Gca. Goods Jfaaarer, Arch. Hillhooae. George Harvey, Dundee; J.
Oatdoor Goods Maaag«r and Mineral Ringhom, Edinburgh; G. D. Lawie,
SuperintCBdent, Wm. Co<rii, Glasgow. Carlisla; John Andemon, Oban; and £Bsinc«--ia-Chie£, Donald A. Matheson, . J. Clapperton, Glasgow.
M.Iast.C.£. I Marine Su|)erintendent, Captain Jauies
Distzicz Engineer, Western District, Williamson, Gourock.
Jjbs. H. Andersmi, MJnst.C.E. , Coaching Plant and Sack Superintendent,
District Engineer, Soutliem and Elastem A. H. Dunlop.
District, W. A. Patersoo, M.Inst.C.E. Goods and Mineral Plant Superintendent, Distrtct Engtneer, Central District, ' Jobn Stoddart.
Alex. Bidwp, MInst.C.E. | Assistant Mineral Superintendent, Thos.
District Engineer, Northern District, Anderson. Motherwell.
E. G. Moon, C.E. Telegraph Supt,, William Stevenson, 25,
District Engineer, Canal, Thomas Wilson, RiUermoot Street, Glasgow.
CSL ' Pariiamentary Agents, Grahamcs,
f^mmiiftmmt Eaginecr in New Works, Currev, and Spens, London.
D. McLellan, M.Inst.C.E. I Treasurer, William Crookston.
Asaistant Engineer in Land and Accountant, James Drynan.
MAioteoancc of Way and Works, Registrar, T. W. Murdoch.
A. Goorley, C.E. Traffic Auditor, A. C. Donn.
Assistant in Accounts, B. Twaddle. Store Superintendent. James Lorimer.
General Snpoinlendent of the Line. \ Auditors, Alex. Young, Accountant.
G. S. Calthrop. i London, and Peter Rintoul, C.A.,
Loco. SuperintendcBt, John F. Mcintosh. Glasgow. District Snperinteiident,R. M.F.Watson. ' Solicitor, Henry B. Neave.
I Bankers, Commercial Bank of Scotland, 1 Edinhurgh and Glasgow.
Head Oftoci— 982, Bodouiaii Street, Gla^ow.
18 CALEDONIAN.
Incorporated by 8 and 9 Vic, cap. 162, for a line from Carlisle to Edinburgh and Qarriongill, and with a branch from near Qartsherrie to Castlecary, joining the Scottish Central Line at Greenhill. Under powers of various acts this company, at a time of great excitement and much uncertainty as regards the real profits made out of railway undertakings, became involved in engagements which were found to be beyond its resources. After protracted negotiations with the conflicting interests involved in questions arising out of the leases (the position of the preference shares, as to priority, being a particularly difficult point), before the close of the session of 1851, and inquiries in Parliament as to return of capital, Ac, giving the early history of the transactions, &c., an agreement was finally arrived at, and the result was the Arrangements Act, 14 and 16 Vic, cap. 184 (1851), of which an ample synopsis was given in the Majtual for 1864.
Parliaubntast Powers:— A list of Acts from 1856 to 1879, with short heads showing the principal objects for which the various powers were sought, will be found on reference to the Manual for 1881; from 1880 to 1893, see Manual for 1898.
FuRTHVB PowBRS.— The following Acts have since been passed, viz.:—
1894 — 31st July. — Widening of Glasgow Central, and construction and deviation of small lines connected therewith; abandonment of portion of line authorised by Leith Lines Act of 1890; acquisition of Forfar and Brechin Line for 168,400^ New capital, 830,0002.; loans, 110,000;.
1896 — 20th July. — Construction of various short lines, aggregating 28 miles in length, on the borders of Lanark and Ayr, and other works in the county of Stirling and in the city of Glasgow. Period for completion, 5 years. Extension of time for sale of Cathcart District railway lands. Extension of time for purchase of lands. New capital, 1,237,500/. ; loans, 412,500;.
1897 — 15th July.— Construction of new dock works at Grangemouth, period for completion 7 years, and of various short lines in the counties of Lanark and Stirling, period for completion 5 years; compulsory purchase of lands within 3 years ; abandonment of portion of lines authorised by act of 1896 ; extension of time for purchase of lands. New capital, 712,500/. ; loans, 237,500/.
1897 — 16th July. — Under section 43 of the Lanarkshire and Ayrshire Act the Caledonian have power to construct certain of the lines authorised by this act, between Clarkston and Newton ; period for completion, 6 years ; compulsory pur- chase of lands within 3 years. New capital, 402,000/.; loans, 100,000/.
1898 — 2nd August. — Extension of time for purchase of lands for, and for the con- struction and completion of, extensions in Edinburgh, Leith, and Newhaven; widening of Denny and Ingleston branches; acquisition of the Crieff and Comrie; power to work certain lines by electricity ; extension and amendment of stock con- version act; and other purposes. New capital, 290,140/.; loans, 10,600/.
1899 — 9th August. — Widening and improvement of Glasgow Central Station; construction of short lines in the counties of Lanark and Stirling; doubling of Wemyss Bay and Dunblane, Doune, and Callander branches, and enlargement of Werayss Bay pier; i)eriod for completion, 5 years; compulsory purchase of lands, within 3 years. New capital, 823,600/.; loans, 274,600/.
1900— 6th August.— Extension and improvement of Glasgow Buchanan Street Station; construction of short lines in the counties of Lanark and Stirling; period for completion, 6 years ; compulsory purchase of lands within 8 years. New capital, 486,500/.; loans, 146,500/.
1901~>26th July.— Construction of short lines and widening of a portion of the existing line in the county of Lanark; abandonment of line authorised by the General Powers Act, 1899; period for completion, 5 years; compulsory purchase of lands within 8 years. New capital, 582,12u/.; loans, 194,040/.
1902- -31 ST July. — Purchase of land in Glasgow and Leith, and at Doune; transfer to the Caledonian of the undertakings of the Locheamhead, St. Fillans, and Comrie, and the Paisley and Barrhead District Railway Companies. New capital, 461,600/.; loans, 262,000/.
1903 — 30th Junb.— Construction of branch to the new docks at Grangemouth ; doubling Rutherglen and Coatbridge branch at Langloan ; purchase of land at Stirling and Carsbreck, Ac New capital, 33,000/.; loans, 11,000/.
BRANCH AND VESTED LINES, LEASES, AGREEMENTS, Ao.:— Alloa.— Vested in this company under act 14th July, 1884, on payment of the eost of the undertaking.— For other particulars, see Manual for 1884, pages 8 and 4.
CAUSDOSOAN. 19
ALTn.~Iaearpontcdby act of 14th June, 1 868, to make a railway from the Mei^Ie fliiflM of tbe Scoctisb North Eastern to the town of Alyth. Length, 5i miles. At a mmHmg h«ld ui Apnl, 1874, an agreement was adopted to tranter the nnder- ttkbkg to ike CaleAfian on terms which will be found in the Mavual for 1904,
tLMMMOATm ASM FoKTAS.— See GssnntAi. Ixdbx.
BcsBT. — ^From tlie Glasgow, Barrhead, and Neilston Line to Busby, with a branch ta Che priBtworks. Length, 4^ miles. Incorporated by act of 1 1th May, 1863. Vested fBChei.'aledo«iannader that company's Additional Powers Act, 1881 (clauses 7 and 8), ss from 1st Febraary, 1883, the holders of Bosby shares receiring an eqnal amount «i i per eeat. eonaoUdated preference stoclc of the Caledonian Company. — ^For yartienlars rdating to the rested company's position prior to amalgamation, see Masrxi. for 1883, and prerioosly.
CAUJi«9Km ASB Obak. — See Gbvual Ivdxx.
C>Kt.i^r.« CiTAnKi. SiATiov.— By act of 22nd July, 1861, the Caledonian and T^wdijn and X<»th Western obtained powers for the better regulation of this station. I&i Mjoagemcnt is {daeed under the direction of a joint committee, consisting of two taftfmmiMttres from each board, and the agreements respectirely made with the Maryport. the Glasgow and South Western, and the North British were confirmed. Sew wvrks were also authorised, and further purchase of lands permitted. The Cirfdnnfany under this act, and for its purposes, was authorised to raise new capital 9* She extent of 2a,00(V., at 5 per cent, preference, and 8,300/. on loan. By act of 31st J^y. 1371. the C*Iedoaian was authorised to subscribe to this undertaking 15O,000iL 3Ccw capital to be raised for this purpose, 120,000/. in shares or stock and 40,000/. •a.'
CaxBCAKT DisntiCT.— See Gbsekal Isdbx.
Csnvr AXD Comkdl— Tested in the Caledonian as from Ist* August, 1898. — For rdating to the past, see BfAXTAi. for 1898, page 60.
CtxDCBtaLS Gcakjlxtked.— Under the Caledonian Guaranteed Annuities Act, lJBt.s&i« compenywas dlsaolred, and ou 1st August in that year the stock was eoawBXed into 4 per cent, guaranteed annuities stock of the Caledonian, of an : yirfdiwg the same rate of interest as the proprietors receired during the 'm aepnrate existence. — See Appendix to the Manual for 1881.
CMawrmmjk3> xmj> Kiucaxxock.— See Glasgow and South Western.
r>cs7BiX9, LocHXABKS, ASD LocKKXBiK.— Incorporated by act of 14tb June, 1860 14^ miles. By act of 5th July, 1865, the line was amalgamated with the at 6 per cent, in perpetuity. Running powers to London and North Western between Carlisle, Lockerbie, and Dumfries.
I>cn»n ASi> AjtBXOATH. — By the North British (Dundee and Arbroath Joint LJae) Act. 18T9, the Dundee and Arbroath Line and the Carmyllie Branch were tramferred to and rested in the Caledonian and the North British jointly, in «qul proportkma. The North British is bound to pay to the Caledonian a moiety 9l Che hnlf-yeariy payments for which this company is liable, in respect of the lines sa be eonverted into joint property, and a capital sum besides, equal to one-half of tiieir ralne, snbjaet to the half-yearly payments, as the amount of such value MXf be determiiied by agreement or by arbitration.
FoxTH ASD Cltdk Natigatioh.— By act of 20th June, 1867, the Forth and Clyde SxTigmtioc became rested in the Caledonian. Capital, 1,141,333/. Annuity, 71,333/. —Fir amngemoit with North British, see Appendix to the Makttal for 1868. Uadcr the Caledonian act of 8th April, 1881, this company, as a separate undertaking nsced in the Caledonian, was dissolred (as from 11th November, 1881X and CuedatuAtt 4 per cent, guaranteed annuities stock No. 2 issued in exchange for the it 7tT cent, stock of the company, at the rate of 156/. it. per cent.
GcTKKAi. Tutxanrs astd Glasgow Hakbouk. — By act of 29th June. 1865, saialgaaanted with the Caledonian. — See Manual for 1904, page 24, for additional
Glascow, GAxarxutK, axd Co ATBsn>GE.— Under the Caledonian Guaranteed A:iaaities Act, 1880, this company was dissolved. — See Appendix to the Masval (orlMl.
20 CALEDOOTAir.
Glamow« Barmibao. 4]n> Nbilsvon Dikect.— Under the Caledonian 6naran> teed Anmittiet Act, 1880, this company was dtssolred.'^ee Appendix to the Makual for 1881.
Glasgow Central.— Incorporated by act of 10th August, 1888. Vested In the Caledonian under that company's act of Slst May,^ 1889. the Caledonian taking up all the capital of the vested company, and taking over all their borrowing powers, dec— See also Mai7ual for 1889, page 102.
Glasgow akd ELiluabnogk Joint. — See Gknsral Index.
Glasoow and Paialxt Joint.'— See Gbmrrai;. Index.
Grbbnogk Guaranteed (late Glasgow, Paisley, and Greenock).— Under the Caledonian Annuities Act, ISiBO, this company became vested in the Caledonian as from 1st August, 188.3, the stocks of the Greenock receiving Caledonian 4 per cent, guaranteed annuities stock at the respective rates of 125/. for every 100/. of Greenock preference stock, and about 71/. Ts. Gd. for every 1002. Greenock ordinary stock.— See Manual for 188S.
Greenock and Wemtss Bat.— Incorporated by act of 17th July, 1862. Length, 10 miles. Amalgamated with Caled(Hiian, under that company's act of 27th July, 1893, as from 1st August, 1893, the agreement of 1862 ceasing on that date. Holders of Greenock preference and ordinary shares received Caledonian ordinary stock of the same nominal amount, and holders of Greenock debenture stock exchanged for equal amounts of Caledonian debenture stock.— For details prior to this amalgamation, see Manual for 189S, page 142.
Hamilton and Strathaven. — An agreement was concluded for the acquisition of this railway, the liability of the Caledonian being restricted to 36,600/., in addition to the share capital of 70,000/. Ratified by act of 25th July, 1864.
Kilstth and Bonntbridgb.— See General Index.
Lanarkshire and Ayrshire. — See General Index.
Lanarkshire and Dumbartonshire.— See General Index.
Lesmahagow.— Under the Caledonian act of 8th April, 1881, this company, as a separate undertaking vested in tlie Caledonian, was dissolved (as from 11th November, 1881).— tV)r brief details prior to the vesting, see Manual for 1882, and for terms of exchange subsequent volumes of Manual up to 1904.
Lochearnhead, St. Fillans, and Comrie. — Incorporated by act of 6th August, 1897, for the construction of a railway commencing by a junction at Balqnhidder with the Callander and Oban, and terminating at Strowan by a junction with the Crieff and Comrie, at Comrie SUtion. Length, about 15 miles 1 furlong. Period for completion, 5 years. Working arrangements with the Caledonian. Capital, 165,000/. in lOi. shares, with power to divide into preferred and deferred hall-shares. Borrowing powers, 65,000/. Power to pay Interest out of capital during con- strucUon at rates not exceeding 3 per cent, per annum. Vested in the Caledonian under act of Slst July, 1902.
Paisley and Barrhead.— Incorporated by act of 6th August, 1897, for the con- struction of railways In the county of Renfrew, commencii>g at Paisley by a junction with the Greenock section of the Caledonian, and connecting with the parish of Neilson, the Glasgow and Paisley Joint, and with the Glasgow and South Western's Potterhill Branch, by way of Meikleriggs. Length, about 12^ miles. By act of 3l8t July, 1902, vested In Caledonian. For particulars prior to vesting, see the Manual for 1904, page 271.
Perth, Almond Valley, and Mbtbven.— Incorporated by act of 29th July, 1856.. Length, 6 miles. By act of a3rd Jmie, 1864, this company was leased to the Scottish North Eastern, at 4 per cent., as from 1st January, 1864.
Moffat. — Incorporated by act of 27th June, 1881. Opened for traffic 2nd April, 1883. Leased to the Caledonian at first, and afterwards vested In that concern under its aet of 31st May, 1869. Further particulars, see Manual for 1904, page 25.
SoLWAT Junction.— See General Index.
StXlFOTTOi^t BiQOAR, ANi> Brouohton.— Length, 8 miles. Incorporated bv act o# 21st May, 1858. Amalgamated with Caledonian under act of 1st August, 1861.
Wi
-Uader tke Gsledonian Guftnuiteed Aiuiuitiet Aet, 188A, this company d, aai oa IM Aitgast in that jear the stock was conTertMl into 4 per oeat. piarantead awndtios stoelc of the Caledonian, of aa amoum ylolding' th« interest aa tiia proprietors reeeiTad during tha eompaa7*s separate ' to tlM Mavuai. for 1881.
WiaMAW AXD Coi^Tysss. — ^Thls line, which connects with the main line at OajiiiigiH, waa amalgamated by the Wishaw and Coltness Purchase Act, 1849.
SCOTTISH CENTRAU^By act of 5tii July, 1885, the Scottish Central was amalgamated with the Caledonian, a fall detail of the enactments respecting which bem^ grmm w tim ApptmOir to the If ahual for ISM.^For dauila prior to smslgametiea, aee MajtuAi. for 1882.
Cajllam^mm axD Obas.— See Gbhekal Isdex.
Caicrr J racnox^— Incorporated IMh August, 1858. Length, 9 milea. By act of 0th Jmae, 186S. the Crieff Junction was amalgamated with the Scottiah Central aa Ut Ancmat, 1884. Capital, 46,e0Of. at par.
BcvnjLn, Docyk, juto CALUumsiL— Incorporated by act of 21st July, 1856. Lcmgtlu 104 milea. By act of 39th Jane, 1865, the company was amalgamated with the Scottisli CeatraL, and thence transferred to the Caledonian. Substituted stock ta arfiaary stMirdiolders waa equal to three-fourths of amount paid, ranking thereafter with Scottish Central stock aa guaranteed by the Caledonian. The I>imb]ane. Deone, and Callander ordinary stock was exchimged for 33.070/. of Ceatral at«ck, being three-fourths of the ordinary share capital iuued by the Dun-
DcanwB an Pebtb axi> AaBanncH Javcnoy.— Under the Caledonian Act of Ich April, 1881, this company, as a separate undertaking Tested in the Caledonian, was dia«olTed (as from llth November, 1881). For further detafla, aae IAasvxl for lliM.pa«e2S.
SCOmSH NORTH EASTERN.— Amalgamated with the Caledonian as from Slst July, 1888, details of which appeared in the Maxcal for 1898, page 30; for ddaHi prior to the amalgamation, see Mascal for 1882.
OTHER BRANCH LIKES:—
Fm* brief detaflsrelatini^tothe following other branch lines, see Makcal for 1883 ,fla.:—
Glasgow and Oamkirk. Glasgow Harbour. Grant on. Lanark.
BakTBo Branbh.
Brediabolme and Tannochside.
Caxataira and Dolphinton.
Oclaad and Midcalder.
Clciand, llomingside, and Drumbowie.
ClfiWadsle Junction.
Crieff and Methren Junction.
Dalmamock.
Ijcnbam Valley. | Scottish Midland Junction.
Dandeeand Forfar. Stonehouse
Eiiabnr^ Station. j Wilsontown
F>rfar»hire.
Lanarkshire and Midlothian Branches.
Leith Branches.
Muirkirk.
Port Carlisle.
Rutherglen and Coatbridge.
For particnlars respecting lines and works opened in years prior to 1894, see ibt MaxTAL for 1904, page 26.
Lnnts AXi> WosKs. — The HamiltonhiU line, 8i miles in lenfith, which connect tie lines at St. RoUox with the Lanarkshire and Dumbartonshire at Possil, was c-peaed on 38tJi Nonember, 1894. The Glasgow Central, from Stratbdyde and Ratherirlen. in the ea^ end of Glasgow, to Maryhill and Dawsholm, and the Lanarkshire and Dumbartonshire, in the west, was opened as follows:- Maryhill t: S»>bcrosa, on 36th Norember, 1894, lengrth, 2 miles 15 chains; Strathclyde to Glaagow Croaa, 1st Noveml>er, 1895, 1 mile 72 chains; Glasgow Cross to ^toteroas. 10th August, 1896, 1 mile 42 chains; Daw»holm Brau^ lat August, 1«!^ 63 chains. The new atation at Princea Street, Kdinburgh, waa opened ^radoally during the year 1894. The Forfar and Brechin was opened on ^th Jaaaary, 1895, length 14 mile^ 48 chains. The Carmyle and Newton line waa opened 00 1st Deceaalwr, 1896, length, 1 mile 47 chains. The Bridgeton Craaa aad Carmyle line waa opened on 29th January, 1897, length, 3 milea U firr*— The new bridge and railway over the Clyde at Dalmamock was
I
22
CALEDONIAN*
opened on 2nd Angnst, 1897. The Jerviston Branch, with side spur to the WishaW Estate line, were opened on 6th August, 1900, length 2 miles 7 chains. The Shiel- muir, Wishaw, and Newmains connecting branch was opened on Ist October, 1901, length 3 miles 7 chains. The Leadhills and Wanlockhead Light Railway was opened to Leadhills on Ist October, 1901, length 5 miles 66 chains, and to Wanlock- head on Ist October, 1902, length 1 mile 39 chains. The line from Comrie to St. Fillans was opened on IstjOctober, 1902, length, 6 miles 71 chains, and from St. Fillans to Locheamhead on 1st July, 1904, length 7 miles 25 chains. The Mothenwell, Mossend, and Dellshill railway was opened on 26th January, 1908, length 42 chains. The Company's portion of the Lanarkshire and Ayrshire new line from Gathcart to Glarkston was opened on Ist May, 1903, length 2 miles, and from Newton to Gathcart, for minerals, on 6th January, 1904, length 6 miles. The new Leith line to Edinburgh Dock was opened for mineral traflSc on 1st Augrust, 1908, length 8i miles. The Callander and Oban Company*s line from Connel Ferry to Ballachnlish was opened on 24th August, 1908, length 27^ miles. The Mid Lanark- shire line from Stratharen to Darvel was opened on 4th July, 1904, length 8 miles 80 chains. The extension of Glasgow Central Station was opened on 1st June, 1904.
MiLBAOE, 81ST July, 1904. — Caledonian — Autfiorised, SS7^ miles; c(mstrueted,8Z2 miles; constructing or in abeyance^ 66^ miles. Joint Lines — Authorised^ 160f miles; constructed^ 169i miles; constructing or in abeyance, I^ miles. Lines worked, 174^ miles. Foreign lines worked over, 63f miles. Total, 1,218^ miles. Forth and Clyde Canal, 52i miles. Productive mileage, 990 miles.
ACCOUNTS:—
CxnTJLL.-^Aut?iorised: Stock and shares, 44,011,067^; loans, 11,786,950/.; total, 55,798,017/. Created or sanctioned: Stock and shares, 42,899,067/.; loans, 11,564,450/.; total, 54,463,617/. Balances available to create stock and shares, 1,112,000/.; loans, 222,600/.; total, 1,884,600/. The receipts and expenditure on this account to 81st July, 1904, were detailed as under: —
Received.
Shares and stock £42,899,067
Debenture stock 10,434,291
Premium on stock, less dis- count 3,717,078
Balance 1,199,275
£58,249,706
Expended.
Lines open for traffic £38,895,538
Lines in course of construction 4,311,214 Lines not yet under construc- tion 9,078
Working stock 7,644,636
Subscriptions to other railways 1,995,850 Portpatrick and Wigtownshire
Joint 91,209
Forth and Clyde Navigation.. 2,798,302
Special items 1,065,212
Consolidation of stocks 6,438,767
£58,249,706
The estimate of further expenditure for the half-year ending 81st January 1905, and in subsequent half-years, was as under: —
Half-year ending
31st Jan., 1905.
In subse- quent half-years.
Lines ooen for traffic )
£432,069 3,604
Lines, «fcc., in course of construction f
Subscriotions to other railwavs. &c > •..
£545,867 148,000
Total estimated f nrther exnenditure
£435,563
£698,867
The capital powers and other assets available to meet this further outlay of 1,129,430/. were as follow: —
Share and loan capital authorised, but not created or sanctioned £1,834,500
Debenture stock — balance of borrowing powers 649,208
Estimated value of land and other property 167,000
£2,150,708 Deduct— Balance at debit of capital account 1,199,275
£961,428
CALBDOKUK.
The ntblolDtd alutemeDt of Hock and • tL«ir«Mi«d to girt July. IBM:-
^capita,™
.d..ow.tharn>por-
Deioriptlou aud Order of Priority.
....re.tpa.ab„
Cr^l...
Rcodv^d.
lHHayftllHov. I April & Oot.
It May A 10 Mot 1 April A Out.
a 131 .10*
11^64,4(0
9,ste.t4i
!az
l,033,Si8
i.a^B.nmi
1,383, CIS
mIVvU o"rdlm??.'toc'k,'No'';s {IZ no!"S '.'.
S,(nJ1.05« ll7fi,6GS
ic Caledanlan Oua
Llc.Wlahav, BiTThend, and Clyde Na.leaUau
endi ■• Da]- be declared on tb
CALEDONIAN, ack partlclpatu in my dlTldcniJ paid to the ordlniiry iti KkpiTticJpuMi In lUiy dividend pttld to th< ordlniryiti
BSVIHCB AMD ExPSITDnniRR.
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31 Jin., IML £BM,SM
n July, 1!104.
«UM7
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^ *1..M
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Xl.0M,-38 6SS.3MI
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lucnn. RBU. pref erencs dividuidi, Ac
Anllmble for ordlnnn-itiKk.
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r Atock
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26
CALEDONIAN — CALLANDER AND OBAN.
HlOHEST AND LOW£ST STOCK EXCHANGE PEICES.
Ordinary Stock.
Deferred Convertible Ordinary.
Preferred Ck>nTertlble Ordinary.
Tear.
Highest. Lowest.
Highest. Lowest.
Highest. Lowest.
1894
132 ... 112*
46* ... 82f
87| ... 80
1895
150 ... 125* 166* ... 143*
55i ... 40
96 ... 85|
1896
64* ... 49| 61f ... 52f
108f ... 98*
1897
159 ... 150*
101* ... 97*
1898
162 ... 144
59f ... 50*
102* ... 94|
1899
156* ... 136
57* ... 47*
100* ... 90
1900
144* ... 120*
49f ... 37*
95 ... 83*
1901
133 ... 116i
45 ... 861
88* .;. 79f
1902
128 ... 112
43f ... 85
86* ... 78
1903
120 ... 101
89| ... 27*
82* ... 74
1904
112 ... 97
83* ... 26
79f ... 71
TRANSFER DEPARTMENT.
Transfer form — ordinary.
Fee, 2s. 6d. per deed; if more than one class of stock transferred in one deed, 2s. 6d. for each class, and if more sellers than one. 2s. 6d. each seller.
Several classes of stock may be trans- ferred on one deed.
Certificates are required to accompany transfer deeds to the Registrar.
Any amount of stock, from 11. upwards, transferable.
In the case of acceptances and renuncia- tions of allotments of new stock, the general rule is the signature of the first-named trustee for himself and co- trustees. In the case of proxies, the signature of the first-named.
FoBOED Tbansfebs Acts, 1891 AND 1892. — The company has adopted these acts, but ceased charging a fee on 28rd March, 1897.
The accounts are made up to 8l8t January and 8l8t July in every year, and the statutory meetings held in Qlasgow in March or September following.
Scale of Voting. — One vote for every 50Z. (ordinary stock, 4 per cent, consolidated guaranteed stock, 4 per cent, consolidated preference No. 1, 4 per cent, consolidated preference stock No. 2) up to 500/. ; an additional vote for every 250/. up to 5,000/.; and an additional vote for every 500/. beyond the first 5,000/. For prefened and deferred converted ordinary stocks, see under conversion of ordinary stock, ^c.
yo. Q/Z>tree<or«.— Maximum, 15; minimum, 12. Qtta/(/tca<ton,2,000I. stock.
CALLANDER AND OBAN.
DIRECTORS: Chairman—* Sir JAS. THOMPSON, 5, Devonshire Gardens, Glasgow.
* Hugh Brown, Esq., Merchant, 9, Clair-
mont Gardens, Glasgow.
* The Right Hon. Lord Newlands,
Mauldslie Castle, Carluke. David Tod, Esq., Eastwood Park, GiCfnock.
Joseph White Todd. Esq., Morenisb,
Killin. Thos. Valentine Smith, Esq., of Ardtor-
nish, Morven, and Grosvenor Road,
Pimlico. S.W. t The Most Noble the Marquis of Breadal-
bane, K.G., Taymouth Castle, Aber-
feldy.
* Represent the Caledonian, f Represents the London and North Western.
OFFICERS.— Sec, John Anderson; Eng., D. A. Matheson, C.E., Glasgow; Auditoi-s, John Graham and James B. Gibson, Chartered Accountants, Glasgow.
Offices — 58,Bath Street, Glasgow.
Incorporated by act of 5th July, 1865, to construct a line from the town of Oban to tjie Dunblane, Doune, and Callander. Length, 72 miles. The line from Callander to Killin was opened 1st June, 1870, from Killin toTyndrum on 1st August, 1878, and the Extension to Oban on Ist July, 1880. Arrangements with Cale- donian, which, by the act of 1870, is to maintain and work the line at cost price, and in accordance with the decision of a standing arbitrator.
CAIXA3n>EB ASD OBA2F — CAMBBIAN. 27
Fcr list of Acts obCaiBcd from 1870 to 1878. with short heads showing the objects far vUch tlse Tamms powers were sought, see the Maxcal for 1881, page 4L
Br act of Ifth Jane, 1882, the company was aothorised to raise additional capital to tht czxcBt of lM.fOtr^ with borrowiog powers, 93,9001.
Brlhe Caledoaiaa and Callander and Oban Act, 31st May, 1883, the balance deposit BsAe \j this eoospany was released.
By met of 7th Angnst. 18M, tlie company was empowered to extend the line from Camtk FcRT- so BaDadraHsh; length, aboat 36 miles; period for completion, i years, fewer to par islerest oat of capital at 3 per cent, per annum during construction, lew r«rfc»3' Sl«t<M(^ bonowhig powers, 70.00(». Opened 24th August, 1903.
Bt act sf Cth August, 1897, the company was empowered to construct new lines, aboBX 1 Kile 7 fuiSuigs in length, in the county of Aigyle, period for completion
4 rears, and to extend and enlarge the quay and sea wall, Ac; construction of new niad at Oban, period for completion 3 years; compulsory purchase of lands within
5 ysan. Power to pay interest oat of capital at 3- per cent, per annum during coo- stjueckm. Saw capital, 00,0001^ borrowing powers, 20,000/.
By act of Mth July, 1901. extension of time for 3 years, to 7th August, 1904, was parted for tbe eon^iletioa of railways authorised under the acts of 1896 and
la operation. 100 miles.
Cakzai^ — TTie receipt sand eaqModitare on this account to 3l8t July, 1904, were rcpcmed as under: —
Expended.
shares. 10/. each je276,7K) Line open for traffic £797.465
4| ;<* ocBt. pref. shar««, 10/. each 30a.000 Lines in course of construction.. 510,322
4 per eeat. pref. shares, IQL each 235.030 Interest on temporary loans, Ac 23,500
fiiarei> f ocfcited 592
Dc£ensxx*stoeksat4pa-cent. ... 245^510
PreacoL oa debenture stock...... 79.301
BsMUiGe ....»..-...».......»>....... 189,153 ,
£M81,287 XL331.287
ISrw^ lasTK. — &a September, 1899, there was issued at par 210,000/. (auttMuised by tbe Campaay's Act of 1896) in 4 per cent, prtference shares of 10/. each, payable in ipc fftalments of 2/. 10«. each, at intenrals of not less than three months; 15,000 att*es were aUotted to tbe Caledonian in terms of the act, and 6,000 allotted to the ■a iluMi IS in proportioa to their holding, sabject to payment of 2/. 10s. per share sa let Octaber, 1899 ; 34,980 shares were unissued at 31st July, 1904.
EzTxrrx. — Half-year ended 31st July, 1903— Groes rec«^ipts, 81.958/.; expenditare, lT.i34:^ balance available for dividends, 14,305/. 31st Jul v. 11KV4— Gross receipts, 3QSJb«i..: expenditure, 20,274/.: balance available for dividends. 11,632/.
Drr:2>Eyi»Su — January, 1902, 2 per cent, per annum ; July, 1902, 2^ per cent, per Mrr*^ : Jannnry. 1903. 1} per cent, per annum ; July, 1903^ 2 per cent, per annum ; Jxrury. 190i« ail ; July. 1904, na
M MtizLgs held in Glasgow March and September.
Jt.tf lAreUort — 9; quorum, 3. QiMi/i^fea/ioR.500/.
CAMBRIAN. DIRECTORS: Chairman— 2 ARTHUR CHARLES HUMPHREYS-OWEN, Esq., M.P., Glansevem, Berriew, Montgomeryshire.
I^CTnty-Chairman— 1 WILLIAM BAILEY HAWKINS, Esq., SUgenhoe Park,
Welwyn, Herts.
1 Ji-hs Marshall Dugdale, Esq., Llwyn. i Rt. Hon. The Earl of Powis, Powls
Lianfxilin. Montgomeryshire. t Castle. Montgomeryshire.
1 Ta»aas'Craven, Esq., Woodheys Park, ' 2 Henry Francis SUttery, Esq., 13, Old
Broad Street, E.C. Lord Henry Vane-Tempest, Pla* Machynlleth, Montgomeryshire.
Ashtoo-oo-Mersey, Cheshire. 1 Charies Bridger Urme Clarke, Esq., 4. St. Daastaa's Alley, E.C.
1, Retire in 1905; 2, in 1906; 3, in 1907.
:2d CAMBRIAN.
OFFICERS:
Storekeeper, T. S. Ooldsworthy, Oswes- try.
Auditors^ James FrAser, Langthom House, Oopthall Avenue, E.G., and Charles Fox, 11, Old Jewry Cham- bers, E.G.
Solicitor, William Kenrlck Minshall.
Bankers, Lloyds Bank Ltd., Oswestry.
Secretary and General Manager, G. S.
Denniss, Oswestry. Enj?., G. C. McDonald, Oswestry. Loco. Sttpt., Herbert E. Jones, Oswestry. Accountant, J. T. Roberts, Oswestry. Audit Accountant, W. Finchett. Traffic Superintendent, W. H. Gongh. ilatlng and Taxes Department, R. Brayne.
Offices— Oswestry, Salop. Incorporated by act of 25th July, 1864, and formed out of the following under- takings:—Oswbstbt Ain» Nbwtowk: Incorporated by act of 36th June, 1855; length, 80 miles. Llanidloes and Newtown: Incorporated by act of 4th August, 1843; length, 13i miles. Newtown and Machtnllbth: Incorporated by act of 27th July, 1857; length, 23 miles. Oswestry, Ellssmere, and Whitchurch: Incorporated by act of 1st August, 1861; length, 18 miles; and Abebtstwtth and Welsh Coast: IncoriK>ratedby act of 22nd July, 1861; length, 86 miles.
Opened from Machynlleth to Borth (12 miles) on Ist July, 1868; from Aberdovey to Llwyngwril (12 miles) in November, 1863; from Borth to Aberystwyth (8i miles) on Ist August, 1864; Llwyngwril to Barmouth Junction 3rd July, 1865; Barmouth to Pwllheli 10th October, 1867; Glandovey to Aberdovey (deviation) 14th August, 1867; Penmaenpool to Dolgelley 21st June, 1869.
For sundry other details, including parliamentary powers down to 1867, see Manual for 1882, and previously.
1883 — 29th June.— Authority to extend pier and works at Aberdovey, purchase land at Abererch, and to establish hotels, refreshment rooms, and savings banks. New capital, 20,000/. Power to sell 30,000;. coast No. 5 debenture, 175,000^ coast ordinary, and 30,000/. inland ordinary stocks respectively, for such prices as they ■can get for the same respectively.
1889— 9th July.— Authority for the building of steamers, and their hire and general use, &c.
1896— 2nd July. — Powers (inter alia) to provide, work, and use coaches; to run over Van Railway; to work Wrexham and EUesmere; to create and issue 600,000/. " D " debenture stock ; and to convert existing 4 per cent. " A," " B," " C," and " D" debenture stocks into 3 per cent, stocks, on the basis of equal Income.
1901— 2nd July.— Powers (itUer alia) to extend the railway Into town of Pwllheli, and, with a view to the development of tourist traffic, to convey passengers in any steam vessels owned by the company.
1904.— 24ih June.— Powers to amalgamate the Mid- Wales (see below); also powers to establish a pension fund, and to run motor cars, to maintain, erect, or build hotels and refreshment rooms.
By the Cambrian Railways (Steamboats) Act, 1889 (52 and 53 Vic, cap. 71), the ■company wos authorised to work steamers between Aberdovey and other Welsh ports and Waterford, Rosslare, Wexford, <fcc., on the Irish coast; and also to convert the proportion of pier stock already issued (8,085/.) into '*A" debenture stock, and to raise by further issues of that stock the balance of 11,915/. unissued pier stock. The whole of the authorised pier stock (20,000/.) is now Included in the "A" deben- ture stock.
The Tanat Valley Light Railway, 15 miles In length, was opened for traffic on Sth January, 1904, ahd will be worked by the Cambrian Company; gauge, 4ft. 8|in. For Agreements, Arbitration Awards, and Schemes of Arrangement prior to that of 1885, see Manual for 1896, pi^e 85.
Mid-Wales.— A circular was issued by the secretary as follows: — under date 1st July, 1904: — "I am instructed by my Board to remind you that imder the provisions of the Cambrian Railways Act, 1904, which received the Royal Assent on 24th June, the Mid-Wales Railway Company was amalgamated with the Cambrian Railways Company as from Ist July, 1904, and ihe stocks and shares of the Mid-Wales Company were on that date converted into the stocks of the Cambrian Company, in accordance with the particulars set forth in the schedule to the Act above referred to. The ceitificates of Mid- Wales stocks and shares should now be sent to me for exchange. An acknowledgement will be immediately given for such certiiicafees, and new certificates will be Issued as quickly as possible after the receipt of the old certificates. All Mid- Wales btocks and shares sold after the date of this circular should be discribed in the transfer in accordance with the terms of conversion, and until 1st September next must be dealt with by separate transfer deed— i.e., such deeds must not also, until on and after the date named.
CAaiBBIAX. 2^
other stock of the Cambrian ComiNUir. The Act also provides for the of arrears of iateretk oa the Mid- Wales * B ' debenture stock into stock, and as soon as arrears are ascertained the will ba Issaed to the holders of the principal sums at the ."^ Tor parCiciilan reg'arding the past history of the Mid- Wales see the Mjlxtai. for 1904. page 232. Welshpooi. axd Llxxwaie. Light RAXLifAT.— This railway, extendinr from to T.i*«rf««»- Caereinioii, a distance of 9 miles 6 chains, wss opened for 1 4th Afrfl, 190t, and is worked by the Cambrian Company ; gauge, 2fl. 6in.
Wbzxmam axi> Eixesmskb. — ^This line, althongh an independent company, is- vHked and aaaliitaxiied by the Canriiriaii, and was opened by the latter company «B Ited Sovember, 18M; lei^th, 13 miles.
la operatiaB, 3W miles.
Scmm or Akkaxgexekt, filed 18th Febmary, 1885, and enrolled on 14th Jnly, UH/— ThU scbcnie provided for the creation and iasae of Uie following stoclcs^ ii wdcr of priority, riz. : —
4per eent.'^A'" debeature stock ^ ^£77i,M0{
4 ^ -b;; „ „ _ - 7s«,ow
4 n "C" rt n ••••• — • 4#i,060
4 ^ •*D*' „ „ (noB-cttBinUtiveX 300,0001
Ko. 1 4 per cent, inference stock ^ ^ 128.817
So.3 M „ „ ~ 330,720
Xo.4 ^ 712,080
The aasboiiaed capital of the company on 1st July, 1904, was as follows: —
x^BDCXHBxv Blocks »»•••••♦♦•••—••—•••—■••—••♦•♦•>••••♦•••♦••»* ■••■ ArAf4Ao«va4
. erffiaary stocks.^... «» 751,491
„ „ ....••.... ......M.M.. ••••...«>.•••. .■••••••..• 829,249
£6^10,792 prerionsly existing were absorbed by the debenture and preference abore, according to rates of exchange, which were fully set out ij> tbe Masrax. for 1888, piges 42 and 529.
IsiAam Asns Coast Okdixami Stoocb. — ^Tbese r^nain as before, not having been \ji wish ia the scheme. Any surplus revenue applicable to dividend on the two to be divided in the award proportions of 62 and 38 per cent, respectively. Fv fan particnlars of the capital account, as it existed before the passing of the Ssitfa&e, see Maxual for 1885, pages 43 to 45. and previous editions.
PcoKXZESS — The new stocks rank in the order named above, from 1st July, 19&Z the arrears of interest on stocks converted into "A" and " B ** debenture stocic Mag paid ia cash, and th«»se accumulated on stocks converted into '*C'* and "D" fcbeactaze stock paid in **D'' debenture stock at par. Debenture stocks "A.** "B,"' and '^*C''* are cumulative, and all others contingent upon the profits of each ■eyarate year.
Bsvxvcs. — The receipts and expenditure on this account forthe half-vears ended 3t%k Jaae. and 31st December. 1903, and 30th June. 1904, were as foUow :—
30Jnne,llR»S. 31 Dec..l903. SOJuue.liKM. P^fecngers. parcels, Ac £69.767 £110.048 £72.754
GMds. miacrals, and cattle 73.624 76.902 75.793
tolls, transfer fees. Ac. 4,033 4,602 3,715
Gross receipts £147.424 £191,552 £152.262
ExpendUure 99,250 1144«51 104,356
gnrptos for division t£^l"^ *£76.601 t£47.906
F«r the half-year ended 30th June. 1904, the interest was paid on the "A," "^ B," "C aad **D**debeatBre stocks, with a balance to general balance sheet of 1,320.'.
Far the resalt of operations as affecting the respective sections, with statement o* capital aeeoaat |Mior to the following Scheme of Arrangement coming into Mascai. for 1886 (page 41), and previous editions.
• Net faacnwe. a«.<BQr. i Net deci«ae«. 2.682^. : Decrea^t^. 4.o^ . i TW total amawmt nt debenture stock miiBsaed ou ZOth Jtme. 1!A»1, is S^.iSil.
30 CAMBRIAN — CARDIFF.
TRANSFER DEPARTMENT.
Transfer form— ordinary.
Fee, 2<. 6d. per deed ; If more sellers than
one, 2s. 6d. each transaction. Several classes of stock may be trans- ferred on one deed.
Certificates are required to accompany
transfers to the Secretary. Any amount of stock, not being part of
1/. sterling, transferable.
Meetings held in February and August.
Xo.of Directen. — ^Maximum, 12; minimum, 6; quorum,^. Quali/k€Uion,500l,
CARDIFF.
DIRECTORS:
Chairman— Lord EDMUND B. TALBOT, M.P., Naval and Military Club,
Piccadilly, W.
The Marquis of Bute, Cardiff Castle, Frederick I. Pitman, Esq., 14, Austin
Glam. Friars, E.C.
Lord Herrles, Everingham Park, York. Sir William Thomas Lewis, Bart.,
Sir James King, Bart., 115, Wellington The Mardy, Aberdare.
Street, Glasgow. Sir 'John Gunn. Knt., 11, Mount
Archibald R. C. Pitman, Esq., 41, Castle Stuart Square, Cardiff.
Street, Edinburgh.
OFFICERS. — Sec, Henry A. Roberts; Superintendent, Jas. Hurman; Eng., H. S. C. Ree; Accountant, E. A. Hart; Auditors, James Haldane and Francis More, C.A.
Offices— 32a, Queen Anne's Gate, Westminster, S.W.
Railway and Dock Office— Bute Docks, Cardiff.
By act of 6th August, 1897, the Bute Docks Company was empowered to construct five railways (aggregating about 12 miles in length), commencing in the parish of Llanishen, by a junction with the Rhymney, and terminating in the parish of Pontypridd; period for completion of railways, 6 years; period for completion of other works, including the low water pier at Cardiff, 10 years. Authority to change the name to the *' Cardiff Railway Company,*' and to cancel 6,000 ordinary shares, Nos. 15,501 to 20,500, belonging to the Marquis of Bute. New capital, 500,000/.; loans, 166,666/. Power to pay interest out of capital during construction at rates not exceeding 8 per cent, per annum, subject to certain conditions.
By act of 1898, the company was empowered to construct new lines aggregating about 6 miles ; period for completion, 7 years ; period for compulsory purchase of iands, 8 years. New capital, 800,000/. ; loans, 100,600/.
By act of 13th July, 1899, power was given for the construction of new lines, aggregating 2^ miles. Period for completion, 7 years; period for compulsory purchase of lands, 8 years; abandonment of portions of authorised lines; extension of time for purchase of lands and completion of lines; and for other purposes. Authority to cancel 2,500 ordinary shares belonging to the Marquis of Bute, numbered 13,001 to 15,500 inclusive.
By act of 2l8t July, 1908, power was given for a deviation of and abandonment of portions of the line authorised by act of 1898; additional lands; extension of time for completion of railways and works; power to pay interest out of capital during construction at rates not exceeding 8 per cent, per annum; and for other purposes.
By act of 15th August, 1904, power was given to construct a new railway in sub- stitution for a portion of railway authorised by act of 1897 ; to amend the acts relating to the company ; and other purposes.
MiLEAQB. — Authorised, 28i; constructed, 8| ; constructing or to be constructed, 19f.
Capital. — The receipts on this account to 80th June, 1904, amounted to 4,317,817/., viz., ordinary shares, 1,400,000/. (part of 1,750,000/.); 4 per cent, first preference shares, 900,000/.; and 4 per cent, second preference shares, 100,000/.; 4 per cent, pre- ferred ordinary stock (1896), 500,000/.; second preferred ordinary shares of 1901, 200,000/.; 3 per cent, debenture stock, 1,149,967/. (excluding 383,833/. nominal addition on conversion of 4 per cent into 8 per cent, stock) ; balance of premiums on stocks, 67,850/. The expenditure amounted to 5,276,718/. ; debit balance, 959,402/»
^EVBNUE. — For half-year ended 81st December, 1908, the amount available for
idend, after meeting debenture interest, was 68,204/., out of which 4 per cent per
— ..um was paid on preference sharei and on preferred ordinary stock, aad 3 per
CARDIFF— CABBICKFERGU8 HARBOUR JUNCTION. 31
cent, per annam on second preferred ordinary shares and ordinary shares, and \4,20Al. carried forward. For half-year ended 80th Jane, 1904, the amount avail- able, after meeting debenture Interest, was 80,6122., out of which 4 per cent, per annum was paid on preference shares and preferred ordinary stock, 8 per cent, per annum on second preferred ordinary shares and ordinary shares, 12,0002. placed to contingency account, and 14,613/. carried forward.
CARRICKFEROUS HARBOUR JUNCTION. COMMITTEE OF MANAGEMENT: Chairman— A. MISC AMP BELL, Esq., Carrickfergns.
William Gorman, Esq., J.P., West
Street, Carrickfergus. R. McC'ammon, Esq., Knockagh House,
Carrickfergus. C. M. Legg, Esq., Carrickfergus.
D. G. Whiteford, Esq., Prospect, Carrickfergus.
Thomas Vint, Esq., Carrickfergus.
Thomas Wilson, Esq., Bryan Tang, Car- rickfergus.
OFFICERS.—Sec, Robert Davey, Carrickfergus; Eng., B. D. Wise, Belfast and Northern Counties Railway, Belfast; Auditor, R. Kelly, Jan., Donegal! Street, Belfast; Solicitors, Robert Kelly and Sons, Donegall Street, Belfast.
Incorporated by act of 8rd July, 1882, and Privy Council Order underTramway (Ireland) Act, 1883, dated 6th February, 1385, for making a railway to connect the B^ast and Northern Counties undertaking with the Harbour of Carrickfergus. Length, 1 mile 1 furlong and 6 chains, single line. Line opened for traffic in January, 1887. Working and traffic arrangements with the Belfast and Northern Counties. Capital, 6,500/. 5 per cent, guaranteed shares of 10/. each entitled to 5 per cent dividends, guaranteed in perpetuity, under the Tramways and Public Companies (Ireland) Act, 1883, and a Privy Council Order dated 6th February, 1885, by the County of the town of Carrickfergus (valuation 26,400/.). Borrowing powers, 5,000/., not yet exercised.
The above line was maintained for two years by the Grand Jury for the County of the town of Carrickfergus, according to act of Parliament, when they became the owners, and appointed a committee to manage the line under Order in Council from the Lord Lieutenant of Ireland.
Dividends are paid in February and August. No accounts are presented to the shareholders. For last half of 1857 and for year 1888 the dividends were at the rate of 4^ per cent, per annum only; for 1889, 4} per cent., and for first half 1890, 4^ per cent, per annum. Full dividends have since been paid.
Shareholders have no voting powers, the line being controlled by the County.
CATHCART DISTRICT. DIRECTORS: Chairman— Sir JAMES THOMPSON, 6, Devonshire Gardens, Glasgow.
David Tod, Esq., Eastwood Park, G iff nock.
George Browne, Esq.,Beechholm, Cross- bill.
Hugh Brown, Esq., 9,Clairmont Gardens, Glasgow.
OFFICERS.— Sec. and Treasurer, G. W.T. Robertson, 120, Bath Street, Glasgow; Engs., Wharrie and Colledge, 109, Bath Street, Glasgow; Auditors, James Grahame, C.A., 34, West George Street, Glasgow, and W, G. Lindsay, C.A., 147, Bath Street, Glasgow; Solicitors, J. M. and J. H. Robertson, 120, Bath Street, Glasgow.
Offices— 120, Bath Street, Glasgow.
Incorporated by act of 7th September, 1880, for the construction of three short railways in and near to the district of Cathcart, on the south side of Glasgow. Total length, about 2j miles. Period for completion of works, 5 years. Power to make working arrangements with Caledonian and Glasgow and South Western. Capital, 175,000/. in 10/. shares, with power to divide the same into preferred and deferred half-shares. Borrowing powers, 58,330/.
By the Caledonian (Additional Powers) Act of 18th July, 1881, an agreement was authorised for the maintenance, working, and manngemeiit of this undertaking at 45 per cent, of the gross receipts, and in the event of the remaining 55 per cent, being insufficient to pay a dividend at 4^ per cent, per annum upon the share capital of the Cathcart, provision is made for its being made up to that rate by the Caledonian, subject to a certain limitation.
32 CATHCART DISTRICT — CAVAN AND LEITRIM LIMITED.
Bj act of 16th Jaly, 188Jfr, tbe time for completion was extended nntil 7th 8cp> tember, 1887.
By act of AxxgtuU 1887, an extension of the line was authorised from Cathcart br Lan^ide, Pollokshaws, Shawlands, and West Pollokshields to tbe Caledonian Line at Strathbungo. Len^h of extension, aboat 8 miles. Period for completion of works, 5 years. Additional capital authorised, 109,000/. Borrowing powers, 36,000/.
By act of 31 St May, 1889, powers were granted for the Caledonian to subscribe to this undertaking, and when such aubacription reaches the additional capital of 109,000/., authorised by act of 1887, and when the CaieUouiau shall also have pur- chased or otherwise absorbed the whole of the ordinary capital, then the Cathcart undertaking shall be dissolved under certain conditions of the act, and become vested in the Caledonian.
By act of 22nd May, 1890, powers were obtained to create lOO.OOO/. of new share capital or '■'■ B " debenture stock, and to enable the Caledonian to take and bold such stock, or to advance moneys to the Cathcart. An exteusion of time was also granted until 7th September, 1892, for the completion of railway No. 1, authorised by act of 1880.
By act of 20th May, 1892, the time for completion of the extension of the railway authorised by act of 1887 was extended until the expiration of two years from 19th July, 1892.
The extension permits of a circular service of trains from the Central Station, in Glasgow, to the most important of the residential districts lying to the south of Glasgow. Extent of circle, fully 5| miles.
Opened for passengers to Mount Florida on 1st March, and to Cathcart on 25th May, 1886. Opened for goods and minerals in August, 1886. The extension was opened 2nd April, 1894.
Capital. — ^The receipts on this account to Slst July, 1904, amounted to 502,810/., viz., 284,000/. in 10/. ordinary shares; 58,380/. 4 per cent, debenture stock, act 1880; 68,000/. 4 per cent. ''B" debenture stock, act 1890; 36,000/. 4 per cent, debenture stock, act 1887; 47,976/. premium on debenture stock; and 13,505/. s«ui)liis land sales. Tbe expenditure amounted to 504,618/., showing a debit balance of 1,807/.
RfiVENrE. — For the half-year ended 31st January, 1902, the dividend was at tbe rate of 2f per cent, per annum, 31st July, 1902, 2| i>er cent, per annum ; 31st January, 1903, If per cent, per annum ; 31st July, 190S, 1^ per eent. per annum ; 31st January, 1904, 2^ per cent, per anunm ; and 3l8t July, 1904, 2 per cent, per
annum.
No. of Directors. — Maximum, 4; minimnm, 3. Qaa/t/fca/io«, 60 shares. Quorum of general meetings, 10 shareholders, holding in the aggregate not less than 5,000/. in the capital of thecompany.
CAVAN AND LEITRIM LIUITED.
KEGISTEBED 3RD DECEMBER, 1883, AS CAVAM, LEITRIM, AKD SOSCOHMOK LIGHT
RAILWAY AND TRAMWAY LIMITED.
DIRECTORS :
Chairman — Surgeon-General S. B. ROE, C.B., D.L., Ballyconnell House,
Ballyoonnell, Co. Cavan.
Deputy-Chairman— H. J. B. CLEMENTS, Esq., D.L., Lough Rynn, Dromod,
Co. Leitrim.
Michael Cnrran, Esq., Aghalough,
Aghavas, Carrig^en. Rev. J. G. Digges, M.A., Clooncahir,
Lough Rynn, Dromod, Co. Leitrim. Patrick Flynn, Esq., J.P., Carrick-on-
Shannon. Robert H. Johnstone, Esq., DX., Bawn-
boy House, Co. Cavan. R. A. Macrory, Eaq., Ulster Chambers,
Belfast. Thomas McGivney, Esq., Cornee, Mohill,
Co. Leitrim.
Bernard McManas,E8q., J. P .^Denydahan,
Derrvnacrieve, Bdturbet, Co. Cavan. Patriek McManus, Esq., H^h Street,
Drumshanbo. Joseph 0*Reilly, Esq., J J*., Doofl^^
Killeshandra. Patrick Arthur Hamilton Reid, Esq.,
Holmston, Kingstown. George F. Stewart, Esq., D.L., Lough
Rynn, Dromod, and 6, Leinster Street,
Dublin. Wilton Vaugh, Esq., Dromahaire, Co.
Leitrim.
CATAS ASD LXXtBIM UMRED — CEXTBAI. LONDON. 39
AKBITKATD'KS AFPUUHHO BT THR BOARD OF TRADE UlfDER TBE
TRAMWAYS (IRELAXD) ACT:
Sr J4te G. BartoiL GLB^ S, Elj Plaee, { Eiiccae O'N. Clarke, Eaq^ Sozrvjor for DuLsa. ■ Co. Leitrinu Carrick-oB-SluuiiMm.
R.HLJ«pkM«.ElR|^18.LaBidowiieRoad. Rldmrd !f. Somnrflle, Esq., Sttrrvyor Dx&ioa. \ for Co. Ca-nin. Catsii.
OFFICERS.— Sec aid Acct., R. R. Stewart: Traffic Man., W. H. McA4oo: Laeui. ScpC Ttea. H. Shaaka, Ballfaianiore. Co. Leitrim; En^., H. EL Wynne; M.LC.R^ KknUkllkn: Aaditors, Joseph J. H. Carson and W. B. Soady; G.CL Maerarr. Ulster Chambers, Beliut. r. Galley Greco, Dublin.
to eoaitract Light Baflvays fioB Dromod (Co. LettrimX 9ia
to Beltuhet (Co. Coraa), and a Tramway from BalHuamore to
An^&(Ca. RoaeaauBonX Railway opened i4th October, 18S7. Tnunwav opened
Gaaramced 5/. shares. 3ti,90r.: onttnanr shares M;«00<.
.. gaarmteed 5 per cent, shares (nndertaking^ !fo. IX
(nafcirtekli^. Mo. 1% 113.110?.; 13^4#0r. being oni^aoad. The
to the eompaar UjOOI. of the slock eiipnally
far aa advanae to the coaspaay; which ims siaea bean
of a sinking f oad. aad by the aaloL at a piamtaBn. <^ a
: imid by that Board. This aurrender has effiMtodaaanaaalra^
reaniiad Asm. the baromea for cnaiaateed diridanda.
Ob tha ^BBisBtiid shares the interest of 5 per cent, per aannm is seenred by temaev lathe coaatiea of Caraa aad Leitrim. and OTerrides everything- except ^TS neat* aad drainage cliargea.
Ok Ikh Aa,^iut, 19K, the slmes were oonrerted into stock called "Caran, LaariK. aad Roecoounoa Railway Stocl^**
DWiiafa pajaUe IMh Flshrasy and 15th Angost.
RsraxBx Axn ExpasoiTniB.
1st May, 1st Xov. 1st May.
1903. 1903. 1901.
£6,938 ...^ £«.3U ..^. £5 S^
4.979 ...^ 4,4)0 .. 5.4B6
. . £959 ...^ £7U ...^ £381
onnty Cavan ......... €55 715 ...... 687
Coanty Leititm ....... 3,069 ...... 3.1S3 3.594
A^aiUble f^n^ diridend £4.«99 ...... £4,««3 £4,6«4
Ix afacaiiaa. 4%i milas.
Direrton* QuaNJkmiiom, 20 shares.
CENTRAL. LGNBON.
DIRECT0B3: Li— Sir HE^hEY OAKLET, Kt, 37. Chester Terrace, Regent's Park, X. W. Tii i_rt.i Hxi_ Viscoont Esher. K.C.B.. . The Right Hon. Lord Knollys. G.C V.« » £.*_.•.'•:•- 2- TLsey Street, Mkyfair. K-C.B.. K.C.M.G., St. Janes* Falsce ^ 3.W.
L;':isr-. Flecaag. Esq., 2. Priaces Street. The Hon. Al,;emon U.Miaa,67, Loaibari
Baik. E-C- Street, ELC.
T^ R.x^t Hoa. Sir Midiaal E. Hicks- The Right Hon. Lord Rathmore. The B^cL Bart;.. M.P., Cola St. Aldwyns, Oaks, Wimbledoo. Ffc-rtrL ; Henry Tennant, Esq., Holgate Hill
1 House, York.
OFFICERS— dec R. O. Graham: Gen. Han., Oranrille C. Cunin^ham; Trsff. si^c Cecil Parxxidi;e: Enga., Sir Benjamin Baker and Basil Mott; Auilitors. ^. E. PacB«II and W. B. Peat: Solicitors, Ashorst. Morris, Crisp, A Co.. 17. Tir-gx^ar^QO Arenae, E.C.; Bankers, Glyn. Mills, Carrie. A Co.. 67, Lojibard E-C.
Oi:e»— Oxfvrd Circus Station, Argyll Stree% W. TcL adiirea., '• Rbe?motor, Lxti.c
34
CENTBAL LONDON.
Incorporated by act of 5th Augrnst, 1891, for the constmction of undergnroand railways from Shepherd's Bash to the City of London. Length, about 6| miles. Period for completion, 6 years. Capital, 2,850,0002. in 10^ shares, with power to divide into preferred and deferred half-shares. Loans, 9fi0,000Z.
By act of 28th June, 1892, the extension of the line from the Bank to Liverpool Street was authorised, but not carried oat.
By act of 8rd Jaly, 1894, the time for completion was extended for the period of two years from 28th Jane, 1897. Power was also granted to pay interest out of capital daring constmction, and 8 per cent, per annam has been paid.
By act of Ist August, 1899, the time for completion was extended for the period of one year from 28th June, 1899 ; extension of time for compolsory purchase of lands for 3 years ; and for other purposes.
The line was opened by His Majesty the King, then the Prince of Wales, on 27th June, 1900, but not used for public traffic until 80th July, 1900.
The share capital of the company was converted into stock as from 14th June, 1901, and the 1901 and 1902 share capital converted into stock 18th September, 1908.
Capital.— Total share authorised, 8,150,0002. (150,0002., Act 1901, and 160,0002., Act 1902). This account to 80th June, 1904, showed that 8,864,8872. had been expended. The receipts were as follow:— Ordinary stock, 1,958,2082.; preferred stock, 528,8982.; deferred stock, 523,8962.; total, 8,000,0002. Estimated farther expenditure on capital account, 135,000/. Loan capital authorised, 1,0.50,0002., (50,0002., Act 1901, and 50.0002., Act 1902), subject to reduction by one third of amount paid in interest during construction ; 871,5862. has been raised by the issue of 4 per cent, debenture stock. 150,0002. ordinary stock authorised under act of 1901 was issued.
R£VENUB AND EXPKKDITURB.
Balance
available
Expendi-
Net
for
Transferred
Carried
Year
Receipts
ture
Revenue
Ordinary Dividend
to Reserve
forward
£
&
£
£
£
£
*1900
119,890
70,484
49,576
39,152
••••••
8,527
1901
833,182
180,811
154,275
126,847
10,000
5,874
1903
866,225
189,749
177,968
145,848
10,000
27,717
1908
362,471
191,713
171,808
188,108
10,800
86,078
For the half-year ended 30th June, 1904, the receipts amounted to 184,9622., and the expenditure to 95,1262. After payment of debenture interest and preferred ordinary dividend and putting aside 10,4682. the proportion applicable to the deferred stock (on which the dividend is payable when the result of the year's work- ing is ascertained), there was a balance carried forward of 48,7872. as again8t;45,4062. for the corresponding period of 1908.
Dividends.
The dividend on the ordinary stock for 1901 was \\ per cent, per annnm, and for each half-year since it has been at the rate of 4 per cent, per annum.
HlOHKST AND.LOWEST STOCK EXCBAKOS PbICKS. OBDINABT STOCK.
Year.
Highest.
Lowest.
Year.
Highest.
Lowest.
1895
100
... 93i
1900
106i ...
uoi ...
88i
1896
108f ... 102
... 96
1901
... 83f
1897
96i
1902
Ill ...
... 98
1898
109
... 98*
1908
114 ...
... 91
1899
118 ...
96{
1904
97 ...
86
Passbnobs Tbaffic— The passengers carried have been as follows :^1900, 14,916,922; to 80th Jane, 1901, 20,886,759; 81st December, 1901, 20,802,650; 80th June, 1903, 22,879,884; 81st December, 1902, 22,425,776 ; 80th June, 1903, 28,179,188 ; 31st December, 1908, 81,774.850; 80th June, 1904, 22,969,897.
2lo, 9/ 2)ir«elorf.— Maximum, 10 ; minimum, 4 ; quorum, 8. Q»a2(^lea/<0fi, 6002. stock.
Five mouths.
GHABING CROSS, EUSTON, AND HAMPBTEAD. 35
GHABnrO CROSS, EUSTON, AND HAMPSTEAD.
DIRECTORS :
Cbaimuui-— CECIL A. 6RENFELL, Esq., 4, Throgmorton Arenne, E.C.
Eracst Halsey, Esq., 66, Broad Street, Eric Gtuiplln, Esq., Stafford Honse, St.
E.C James', S.W.
W.T. PotU,Esqn8,LoTeLane,E.C. F. M. Ogilvy, Esq., Hamilton House,
Victoria Embankment, E.C.
0FFICEBS~8ee., W. E. Mandellck; Engs., W. R. Galbraith, 20, Victoria Street, Westminater, 8.W., and Sir Douglas Fox and partners; Auditors, Deloitte, Devcr, Griffiths, M Co.
Office* — ^16, Hamilton House, Victoria Embankment, E.C.
lacorporated by act of 34tk Augrust, 1893, for the construction of underground raOwaya, from Charing Cross to Hampstead, with a branch to Euston Station. Leigth, aboat ^ miles; period for completion, 5 years. Capital, 1,416,000^ in 102. ■hiirs. with power to divide into preferred and deferred half-shares. Borrowing ps«crB,471,000i.
By «et of SOth July, 1894, power was granted to acquire additional lands, the period for compalsory purchase to cease after the expiration of three years.
By act of Srd June, 1897, two years extension of time was gn*anted for purchase af laads and three years tor works. Power granted to pay interest at 8 per cent, per anw^m out of Capital during construction, the aggregate amount of such iaterest not to exceed 85,000/.
By act of 25th July, 1898, the company was authorised to abandon a portion of the tine, and substitute a direct connection with the South Eastern at Charing Cross Station, and to enter into agreements with the South Eastern and London sad Sorth Western. The period for purchase of lands was further extended to Jalr. 1900, and for the construction of works to 24th August, 1902.
By set of 9th August, 1899, the company was authorised to make agrreements with the Midland, North Western, and South Eastern railways to construct a line, tboat 1 mile in length, commencing at High Street, Camden Town, and terminating at the Kentiah Town Station of the Midland, and to place Euston Station on the ■axB line; to acquire additional lands ; abandonment of portions of authorised liaes: and for other purposes. Further capital, 360,000^; additional borrowing powers. 1M,00(V. Power to pay, in respect of further capital, interest out of capital daring eonstmction at rates not exceeding 3 per cent, per annum ; the aggregate of snch interest not to exceed 27,000/.
By an agreement scheduled to the act the Midland and South Eastern companies hsre agreed to establish through bookings, and to allow the Charing Cross Com- pany a rebate of 15 per cent, upon all through bookings from this Hue until the chardK^ders have received 4 per cent, upon the cost of the line.
By act of 18th November, 1902, the periods of time for acquisition of lands and eaaslmctioo of the several sections of line expire as follows : viz., purchase of Isada, 9th August, 1904, and for the completion of works, 9th August, 1907.
By the same act the company is authorised to extend its railway from Harap- itead to Golder's Green, and from Kentish Town to Highgate Hill. Further capita aothoriaed 2,550,000/. Additional borrowing powers 850,000/. Power to pay in respect of further capital, interest out of capital during construction, at rates not exceeding 3 per cent, per annum, the aggregate amount of such interest not to exceed 300,000/.
By act of 31st July, 1903, power was given to acquire lands within 3 years; agreement with the Underground Company ; and other purposes.
By act of 33nd July, 1904, power was obtained to construct an imderground aation near the Cobden statue, Camden Town ; to acquire additional lands, Ac. 5ew capital, 300,000/.; by loans, 100,000/.
Capitai..— Total shares authorised, 4,326,000/. This account to 30th June, 1904, showed tliat 1,864,330/. had been expended. The receipts have been 1,428,352/. in ordinary sliares. Estimated further expenditure on capital account, 3,903,669/. Loui capital authorised, 1,442,000/.
Xo. of Z)ireetorj.— Maximum, 9; minimum, 5; quorum, 2. Quo/t/fcatt'oR, H shares.
36 CHARNWOOD FOREST— CHE ADIiE RATtWAT LIMITED.
CRARNWOOIX forest:
Joint Receivkbs and Managers: G. Browning. Esq., 58. Coleman Street, E.C., and W. Bd^vtard WooUey, Bsq;, Reotbry Place, Lougbtforoagh.
Sosretary-^oMpb Hiinds, Solicitor,. Loughborough..
Incorporated by act of 16th July, 1H74. The line commences by aj unction with the Ashby and Nuneaton joint Ilhe neax Coalville, and passing through Whitwicic, Tbriiigstone, and Shepshed, terminates at Loughborough. Length, about 11^ miles.
By act of 24th July, 1876,. the line, was &o amended and extended as to form a direct communication with the Midland and London and North Wisstern joint line from Coalville to Nuneaton, thus enabling the company to interchange traffic with these two systems.
Capital. — The capital consists of 159,000Z. in 15,900 shares of 10/. each, of which the balance (7,689 shares) was. issued at par in July, 188?.
The line was opened for traffic on . 10th April, 1&83.
No reports have been issued or meetings of shareholders held since- 1886. The terms of all the directors having expired, the affairs of the oompanv aro'being managed by receivers, Ac, appointed by th« Chancery Division. The line is worked by the London and North Western at 50 per cent, of the receipts.
For other particulars respecting the early history of the Company, see the Manual for 19M, page 40.
CHEADLE RAILWAT LIMITED.
(bate CHEADLS RAILWAT MINlOtAL AND LAND LIMITBD). TRUSTEES FOR THE 4 PER CENT. PRIOR LIEN UORTOAGE DEBENTURE STOCK:
Henry Charrington, Esq., Castle Hill, I Royle F. Bristowe, Esq., 27, Austin Tutbury. I Friars, B.C.
TRUSTRBS FOR THB 5 PER CENT. IST MORTGAGE DfiSENTURE STOCK HOLDERS:
C. T. D. Crews, Esq., 33, Throgmorton | Thomas Cory, Esq., Miarle Hill; Chelt^i* Street, E.C. I ham.
TRUSTBBS FOR THE 6 PER CEKT. 2ND MORTGAGE DEBENTURE STOCK HQIiDER&:
W. Capel Slaughter, Esq. | C. E. Stemson, Esq.
DIRECTORS : Chairman—C. T. D. CREWS, Esq., 33, Throgmorton Street, E.C.
W. Capel Slaughter, Esq., 1% Austin Friars, B.C.
Henry Charrington, Esq., Mlckleover,
Derby. C6l. J. M. Tabor, R.A., 116, Warwick
Road, S.W.
OFFICERS.— -Sec, Chas. E. Stemson: SoHtitors, Kearsey, Hawcs, and Wilkiiksoii', 81^, Old Jewry, E.C. ; Bankersi,, The Manchester and Liverpool District. Banhing Company Limited, Cheadie (Staflfordshire) Branch.
London Offices— 85, Old Jewry, E.C.
Local Offices — Cheadie Station, Stoke-on-rTrent.
Incorporated under the Joint Stock Companies Act (acts 1862 to 1897), under the fiameof the *' Cheadie Railway Mineral and Land Company Limited," to construct a railway in the parishes of Draycott-in-the-Moors and Cheadie, Staffordshire, and for other purposes. Arrangements with North Staffordshire. Length, about 4 miles.
By act of 1896, the name of the company was changed to the " Cheadie Railway Company Limited," working agreements' with the North Staffordshire were con- firmed, and powers given to the North Staffordshire to subscribe to the Cheadie Company* s undertaking.
The line was opened throughout 1st January, 1901.
The North Staffordshire has exercised its powers by subscribing to theClieadle Company, which subscription entitles it to nominate a director on the Gheadl* Company's board.
CHEADUR RAILWAY LIMITED — CHESHIRi: LIN£S. ^7
ArTH«um> CAriTAL.— 33O.OO0/. in 20.000 shares of 10/. each and 50,000 4 per cess, pvcfcreace stares of £1 each : 75.000/. in 6 per cent. Snd mongmge debcntare *rvaiK of 14M. each : SO.OO0f . in i per cent. 1st mort^ra^ debenture stock ; and<40.000/. B 4 per ccsEt. prior Hen debenlme stodi. Of tbis ttiere has been Issved 40,880/. in •Lm shares of 10/. eacli, fully paid: 20,396/. in 4 per cent, preferenee aiiares; XUB&I/. in € per eent. Snd mortip^e debenture stock; 47,7M£. i per cent. 1st ■Actsase debcBtoxe stock ; and 37,947/. 4 percent, prior lien stock.
KzTESEcs. — Fm- Ike year 1903 the irross receipts ^ere 3,887/. and the expenditure 2J»t>'.. the debit balaaeean ti»e year being 262/.
stoek is prorided l>y the Kortb StafEordaiiireL
GiDBSHIKE LIHB8. DneECTORS :
*Tie Ri^tt Hon. Lord Allerton, :{ Edward Chapman. Esq.. If.P., Hill
AHeitea HalL Cb^»el Allerton, near : End. Moitram. near Manchester.
Lcttda. X Sir WUliam PoUItt, Fern Lea, Bowdoe,
*T. W. Rsoa. Esq.. M.P., S4, Pont Cheshire.
5cnet. 5.W. ♦ Sir Ernest Paget, B«rt,, Sutton Bon-
* F. L. StceL Esq.. ^ Chepatow Street, ington. LoUe'hborongh.
•M^ifiii II '* Henry Tyiston Hodgson, Esq., Har-
; ^ It^s.-w^m^mrTtfrn^nmnn. B«Tt., M.P., pcudeu, HertS.
BosolC Park. Faringdon, Berks. • Gustav Behrens. Beq., 36, Princess
Street, Manchester.
•Reprasent Midland; t Great Northern; X Great Central.
OFFICERS:
r. Jame* Pinion, Central Station, Locomotire Superintendent, J. G . Robin-
LtvBcpao-'. son. Gorton.
S«'«arr aad Estate and "Rating Agent. Storekeeper, S. Saxon Barton, Warring-
GJczze Thoaias, Central Stsition. ton.
Li^ir^txl. Auditors, C. Lewis Edwards, Frank
V't . i*^ ■ Harrr BlondtiL 3LIast.C.E., Williams, and Walter BaUey.
CeozTk. S&ation. Liverpool. Solicitors. Messrs. Lin^ards, Manchester,
l.-nozu^t. John Tonng, Central Sta- Bankers. Williams Deacon's Bank Limi-
ZKOL. LirerpooL ted. Manchester, and Bank of Liver- pool (Central Branch).
Tzif Cocunittee is formed of representatives of the Great Central, the Great X rii-err-. Azid the Midland companies: was first authorised by act of 5th July, IS&^. aai was incorporated as a separate undertaking under the control of the ■'n* »a panics by act of 15th August, 1867.
^r act of ?7ih June. 1872, varioas additional powers were conferred on the Com- :: t*««. iaclutiiagconstmctionof a liiieiu Manchester; length. 2 furlongs 6 chains. The tr-^s aa-niinirn each raised 167.0U0L in stock and 55.i.>00/. on loan. The capital, i-- 1*7 the whole of the acts, is raised in joint proportions by the three companies.
By act of Sted July. 1873. power wasobtained to construct a line from the village :f Mxr^Mn t»> the Victoria Salt Worlcs, at Wincham. Length, 3 furlongs 4 chains.
3y act of ?9tb June, 1875, the Committee was empowered to stop up and alter urikLz. «tre<et« and road in and near Manchester, to close up certain portions of the )Li!«cbe«ter and Salford Canal, and to acquire additional lands. Time for comple- - - :f ofrrtjtin railways, authorised by act of lSt>5, extended to 15th August. 1S75, ci fTrc>>mi>ulsnTy purchase of lands, authorised bv the act of 1872, to 27th June, IvI.
3t xct of 38th June, 1877. powers were obtained to construct a line, 1 mile
* :-i.n« :n lengtli. commencing in Kirkdale and terminating in Sandhills Lane, in
::-r : ir:*h ^jf Walton-on-the-Hili, to be completed within live years, and to be veste<I
-. :-.< t.'ommittee. the joint companies having se^uirate powers for the raising of
«.::.:!-. iial cafital for the purposes of the undertaking.
hj xez of ISth June. 1883, the Committee was authorised to construct short lines, 1- 1 =i^e certain widenings and other improvements in their lines at Warrington, iL". - tkf.j-ri and sundry other places. Period for completion. 5 years.
3t xct of i6th July. 1880, the Committee was authorised to make a widening 1 >r»:ion and improvement of the line from Central Station to Combrook. New m;::a1 lo be raised by the Great Central, Great Northern, and Midland com- ik\.*^ viz: — Shares or stoclL, lOO.OCO/. each; loans, o3,000/. each: total 300,000/. tc : S9,000/. respectively.
38
CHESHIRE LINES,
By act «^ 25th July, 1890, the Committee obtained powers to construct a branch to the proposed docks of the Manchester Ship Canal at Cornbrook, having a junction with the Midland Company's South District Line at Chorlton-cum-Uardy. Length, about 3i miles. Period for completion, 5 years.
By act of 27th July, 189J), powers were given to this Committee and that of the Sheffield and Midland joint lines to acquire lands in the various districts through which the railways respectively pass, with extensions of time for the sale of superfluous lands, and power to sell, on chief rents, the lands known as the "Jericho" and "Otterspool" estates, situate in Toxteth Park, Liverpool.
By the Cheshire Lines Act of 1900, powers were obtained to construct a line from the Liverpool Extension Railway, near Glazebrook, to connect with the WIgan Junction Railway near Glazebrook Moss signal box (length 88 chains), and for the acquisition of property for the extension of the Liverpool Central Station.
By Cheshire Lines Act of 21st July, 1908, power was given to make railways (7 furlongs 7 chains in length) in the township of Toxteth Park, commencing by a junction with the Liverpool Overhead Railway and joining the Committiie*s Man- chester and Liverpool Line at St. Michaers Station ; to acquire additional lands within 8 years ; extension of time for completion of railway authorised by act of 1890; and for other purposes.
Liverpool North Extension. — By act of 30th July, 1874, powers were obtained to construct a line from the Liverpool Extension Line, near Halewood, to Walton- on-the-Hill (length, 14 miles); and also a branch to Messrs. Verdin's Salt Works, at Winsford. The former line was opened 1st December, 1879.
The line from Walton-on-the-Hill to Huskisson Station was opened for traffic on 1st July, 1880. Warrington Straight Line, 2 miles 17^ chains, opened 1st Septem- ber, 1888.
Manchester Central. — The line and temporary Central Station were opened for traffic on 9th July, 1877. The Manchester Central Station was opened on 1st July, 1880. An extensive goods station is constructed on the site of the temporary passenger station.
SOUTHPORT AND CHESHIRE LiNES EXTENSION. — See GENERAL INDEX.
The following lines have from time to time been amalgamated with and vested in the Committee: -
Stockport and Woodley.. Stockport,Timperley,and
Altrincham
Cheshire Midland
West Cheshire
Qarston and Liverpool ..
Liverpool Central Station
Liverpool Extension ....
Godley and Woodley....
Chester Extension
Northwich Salt Branches
Manchester Central
Liverpool North Exten- sion...!
Warrington Straight Line
Throstle Nest Junction to Chorlton J miction...
Halewood East to Hale- wood North
Reverse Curve, Glaze- brook
Total.^
'eign lines worked
Total in operation...
Date vested
in Committee.
Length.
1865.
miles.
6th July
2*
do#«
9
do.
do.
1
12f 22f
do.
4
1866.
30th June
If
16th July
86^
1 0th Aug.
2
do.
7i
n
15 2i
2
1
i
124f 25*
Woodley to Stockport.
Stockport to Altrincham.
Altrincham to Northwich.
Northwich to Helsby, with branches to
Winsford and Wiunington. Garston to Liverpool (Brunswick).
Junction with Garston and Liverpool,
to Liverpool Central Station. Cornbrook to Garston, and from Tiinper-
ley to Glazebrook. Junction with Sheffield Line at Godley,
to Woodley. Junction with West Cheshire ut Moulds*
worth, to Chester.
Manchester to Cornbrook. Hunt's Cross to Huskisson.
150
GHBSEQRB- UKES— CITY AKD SOUTH IiOKDOK.
39
Camtau — Hie capital is authorised to be raised and subscribed by the three ovain^ eompaiiiea in equal pn^wrtions, and is shown in their separate accounts. The loan powers were transferred, by the act of 1871, to the three companies. The rseeipts and expenditure on capital account to 30th June, 1904, were as follow :—
Expended.
Prom Midland .................m.. £8,823,49S Lines open for traffic £10,918,787
Prom Great Northern...........: 3,822,492 Lines in courseofconstructi(Mi 52,198
From Great Central ,^. . 3,822,491 Working stock 572,657
Balance. 7C,119
£11,543,587 £11,543,587
EsmnrK.'—The irioas traffic receipts for the half-year ended 31st December, 19ML amoanted to 581,947/., and the expenses to 403,127/., leaving a balance of UMML, which was diTided equally between the three companies.
The reeeipta for the half-year ended 90th June, 1904, amounted to 493,693/^ and tke expenses to 405,207/., the half-year's working resulting in a profit of 88,486/., btiag dirided in equal proportions among the three companies.
I: ef Mewiben — ^9 : three to be appointed by each company.
CITT AND SOUTH LONDON.
DIRECTORS: Chairman— CHARLES GREY M0TT,^8q., Harrow Weald, Middlesex.
Cbsrles Seymour Groifell, Esq., Elibank,
Tsplow, Bneka. Spencer Barclay Ueward, Esq., 96,
A^ilej Gardens, Westminster, S.W.
Edwin Tate, Esq., 21, Mincing Lane,
E.C. Harvey Ranking, Esq., 28, Westboume
Terrace, Hyde Park, W.
OFFICERS. — Sec., W. F. Knight; Gen. Man., Thomas C. Jenkin; Eng., P. V. MeMabon; Engr-in-Chlef, Sir Benjamin Baker, K.C.M.G., 2, Queen Square Place, We«Biaster, S.W.; Accountant, William E. Hlnde; Auditors, Turqnand, Toungs, Bbbop. and Clarke, London, and James Lorlner Oliver, Newcastle-on-Tyne ; Solidlar, Donald McMillan, 11, Clement's Lane, E.C.; Bankers, Martin's Bank LiBited, 68, Lombard Street, E.C., and Glyn, Mills, & Co., Lombard Street, E.C.
Offices — ^71, Finsbury Pavement, E.C.
Inc<Hi»orated by special acts of Parliament, 47 and 48 Vic, cap. 257 (1884), 50 Vic, ca{^. 105 (1887), 63 and 54 Ylc. (1890), 56 and 57 Vic, cap. 207 (1893X 58 and 59 Tic (1895X J^ and 60 Vic. (1896), and 61 and 62 Vic (1898), whereby the liability o/ shtfebolders is strictly limited to the amount of their shares.
The City and South London Railway (originally the City of London and South- vark Subway) was Incorporated by special act of Parliament of session 1884, and enpowered to construct and work an underground railway, consisting of two ttparate tunnels for up and down traffic, along a route abotat one and one- third mile in length from a point In King William Street adjacent to the Xonnment Station of the Metropolitan and District Railways, and passing under the River Thames, the Borough High Street, and Newlngton Causeway to the Elephant and Castle; and in the session of 1887 the company was empowered to construct an additional one-and-three-qnarter mile of line from the Elephant tad Castle, under Newlngton Butts, and the Kennington and Clapham Roads to Stuckwell. thus making altogether a route length of just over three miles. By the an of 25th July, 1890, the name of the company was changed, and about 1 mile «lditi«>nal length of line, from Stockwell to Clapham Common, auttiorised. New cs{*itaU 200.000/. : borrowing powers, 50,000/. The line to Stockwell was inaugurated bv His Majesty the King, then Prince of Wales, In November, 1890, and opened for pvblic traffic on December 18th, 1890. The extension to Clapham Common was opened on June 3rd, 1900, and to the "Angel," at Islington, on November 17th, IMl. The trains are worked by electro-motive power.
In operation, 6i miles.
Brief details of the various acts from 1895 to 1901, under which the foregoing extensions were authorised, will be found in the Manual for 1904, pages 48 and 44.
Id March, 1898, 375,000/. ordinary capital was Issued, and In December, 1899, 100.000/. ordinary capital was issued for the purpose of the extensions then in progress.
CITV AVD flOtJTB LOKDOVt
Hr jUt at HID Aanut, »■)(, rooir hth oMdHd to nulract wi aMrwIai at ih> rillmf (i«b iIh pmwnt urnliuu itt ihe "AdesI." liUaitb>ii. to Ennoii, vlvbsn toiUmwllUa lUUn at Kliw'i Cnw-ud Si. Fuuru. Br UiliAct Iba BBwan »( tb* CUf.iwil BrlsMs *«r( (tamlrtil br tbf Cltr Md Sonlh Louloa. Tli>'»|>lt'ilMthortH>llirlM>Act li LtMJIOai^ or nMch hoc mort Ibia me luiU
•rliw ixHKTt iro ^wo;. Of tbli ciplul. inthorftr iii» b«n
'^triTiti.^-illUM upEUI aothnriKd br scl of UM.S(KI,(mu. in 10,000 riwicaaf 1«(, such, (ullf •uliKtlbrdi ihiro ci^luJ aiithnrlwiJ by act ur 18*7. aw.nMI. in Vijim ttMnt tt VU. Moh. ToUl uliiin capllal ImiKd and lubKrlbHl, SW.DOCi,. 'WhfBliliubHn.aanTeiMd liiMMa.aWM. c«n»1ldaUd ardlnary H«k. AnlhorliHl ilulMnmra eaplul br act «r liH, ieo.(M<V.; anthortHil debmlnn capital by am uf IMI, Ii.oav.1 radMtubl* Ushuiiara a*i>Ual iHoid. i;s.iNiai..'wiiioh h» liPHi nunirartHl lnl-> t prr cant. Mrpclnal dalicntnn nocli. Share capital anthorlHd bjr trt III IWO. 100.000/, in lO.MM ihiret of 10'. aach. or wblch 1t.6oo iliares haie
tHri'H liy ■" of JMIH, «J,0OO;., U.tOOl. of whth liave Iwen ct»aicd and fwuel oi
nitmrt oj
>l. pr»f. MookdOVl)..
Cl/MO.IilO aoib Jnne. IMS,
CITY AS]>. SOUTH LOHDON — CLBATOB AND WOBEIN6TON JUNC. 41
HiGHSST AKB.L0WS8T Stock Exchakgs Pbicss.
OmmbUi
ia*cdOc«lmiT.
Pr^ereace.
Tf^i HIgfka
ft T iM^^nA
Taar.; Hl«liMfc. . LonMl.
■Tear. iHlKhwt. Ttwwit
Year.
mghKMt. LowMb I45t ... 189
um' ah
... aTO
1900
70 ... 52
1894 14i ... 10
1900
m5 60
^ 38
1901
66 ... 46
1895 15i ... 14
1901
1851 ... 135 Wli ... 1281
1896
M
... 40
1902
77i ... 62
1896' 15i ... 14^
19>»2
1897
71
... 56
1908
80| ... 47
1897- 16 ... 15|
1908
1321 ... 126
1896
7J
... 65
1904
52 ... 47
1898; 15Jg ... Hi
1904
127* ... 1214
1899
1
74
... 61
1899 16 ... 14f
Transfer, oommoo, fee is. 6d,
.diSOOE iikKD WOBKDiQTON JUMGTlOir.
DIRECTORS :
Chainmis— JOnN S. AIMSWORTH, Esq., M.P., Uarecroft, Gosforth,
vid Camfortb.
J. R. Bain, Esq., M.P., "Bolton Hall, D. Ainsworth, Esq., The Flesh, Cleator,
Ootforth, Cmnbeilaari. Camfortb.
If. B. .Tnmer, :lteq., Pooaoaby Ball, W. Bnxnyeat, Esq., 'MiU^nyre, .if oresby,
Camforth. Whiteharen.
W. Uitle, £ai^ Hntton Hall« Penrith. : J. Ellis, Esq., Ashfield, Workington.
OFFICERS.— Sec and Acct., M. Knowles, Workington; Gen. 'Man.. J. A. Hajaes: Eng. aad.Loeo.finpt., Hugh Murray; Aaditors, Alfpe4i Feile, Croydan, and W. Crcalind.Iiseds ; SoUeitors,- Waugb and Mnsgrave, Gockermonlii. OAoea— CflBtral-Station, 'WorUagton.
Inc<Hporated 27th .Inne, 1876, to construct a railway (length, 15 miles) from Ckator Meor to Workington, with short connecting lines to Moss Bay, Harring- ton. iK. Total length , abunt 1& miles. .Capital, 150,000/. in 20/. shares ; borrowing powers, 504M0/.
By act of 4th July, 1878, the company was authorised to extend their line to the Rowrahand Kelton Fell Mineral Railway, from Distington to Rowrtih, a distance of 6 mDes8 furlongs and 4 okains; period for completion, 5 years. New capital, U680/.; loans, Ac, 21/100/.
By Board of Trade Certificate, 1680, the company was authorised to raise arfditiooal eapital by shares amounting to 60,000/., and by loans to 20,000/.
By act of 3rd June, 1881, the company was authorised to construct a branch from I>iatington Junction to Distington Iron Works, and to raise additional capital amounting to 40,200/. by shares and 13,400/. by loans.
By act of 16tb July, 1883, seven new extensions were authorised, the chief of which being from Workington to Brayton, on the Maryport and Carlisle (15f milesX the remainder between Workington Bridge. Workington, and Harrington. Total length, about 19| miles. Period for completion, 5 years. New capital, 2^000/.; loans, 68,000/. Extension from Linefoot to Brayton abandoned by act of mh June, 1886.
By act of 25th June, 1886, powers were obtained to make a branch railway, about I mile in length, situate in the parish of Bridekirk ; period for completion, 3 years; and for 'variaas other pniposes.
AutASCSXEifT WITH FoBSESS.— Under an agreement dated 6th April, 1877, con- firmed by act of 28th Jane, 1877, the Fnrness undertakes to work this company from aad after the opening of the line for public traffic until determined by mataal agreement, at 3^ per cent, of all receipts for traffic other than mineral tntficand 85 per cent, of ail receipts for mineral traffic. Whenever this company shall be desirons of transferring their undertaking by lease or otherwise, the FamesstohaTe the option, in priority to all other parties, of vesting the line in their own andertaking, on their, signifying their acceptation of such terms as may be offered to them for that purpose. By act of 21st July, 1870, the Furness was empowered ta parchaae and hold shares in this undertaking.
In •|Mmtian.'29| atiles.
CanxAi.. — ^Upto 3<Hh June, 1904, the receipts and expenditure on tliis account amonmed to695i927/. and 624,226/. respectively, showing a debit balance of 18,299/. The seeeipu are: ordinary stock 216,010/.; consolidated 4^ per oent. preferoice
t ConTerted into stock.
42 OLBATOR AND WOEKINGTON JTJNC. — CLOGHER VAI*LEY LIMITED.
Stock, 70,000/.; consolidated 4 per cent, preference stock (1882), 40,200^; preference 4 per cent, stock (1883), 127,500/.; debenture stock 3^ per cent., 188,400/.; there is also 22,490/. ordinary and 15,500/. 4^ per cent, preference In 10/. shares (1888), created bat unissued.
CREATION, DESCRIPTIONS, DIVIDENDS, Ac, OF STOCKS AND SHARES. — Thtt following is a list of this company's stocks, nvith conditions of issue in brief. Descriptions to be strictly observed in transfer forms and all other legal documents relating thereto, viz.: —
1 — Debenture Stock, Thbbb-and-a-Half per Cent.— 188,400/.
2 — Consolidated Four- and -a-Half per Cent. Preference Stock.— 60,000/.. issued Board of Trade Certificate (1880) and 10,000/. under act of 1883. Dividends payable half-yearly, 1st March and 1st September.
3— Consolidated Four per Cent. Preference Stock (1882).— ^0,200/. issued under act 1881. Dividends payable 1st March and 1st September.
4— Preference Four per Cent. Stock (1883).— 127,500/. issued under act 1888. Dividends payable Ist March and 1st September.
5— Ordinary Stock.— 150,000/. issued uitder act 1876, 63,000/. under act 1878, and 3,010/. under act 1883, together 216,010/. Dividend contingent upon the profits of each half-year ended 30th June and 31st December.
The dividends on Nos. 2, 3, and 4 are contingent upon the profits of each separate* year ended 31st December.
Revenue. — For the half-year ended 31st December, 1903, the net receipts, sufficed to pay a dividend at the rate of 1^ per cent, per annum on the ordinary stock. For the half-year ended 30th June, 1904, the dividend on the ordinary stock was at the rate of 2^ per cent, per annum.
The rolling stock of the company includes five locomotives and 299 wagons, Ac, the residue being supplied by the Fumess Company.
During the half-year ended June 30th, 1904, the company carried 54,567 pass* engers, against 67,503 for the corresponding period of 1903.
TRANSFER DEPARTMENT.
Transfer form — ordinary.
Fee, 2s. 6d. per deed, whether one or more sellers.
Several classes of stock cannot be trans- ferred on one deed.
Certificates are required to accompany transfers to the Secretary.
Stocks are transferable in 1/. sterling ;^ no fraction less.
In acceptances, renunciations, Ac, of allotments of new stock, proxies, or other forms sent to trustees, the sig- natures are required of all the parties whose names are registered.
Quorum of general meeting— 7 shareholders, holding together not less than 5,000/. capital. '
iV().o/Z)trec/or<.— Maximum, 7; minimum, 5 ; quorum, 3. (2ua/(/Ica/ton, 1,000/. stock.
CLOOHER VALLEY LIMITED. DIRECTORS:
Chairman— H. de F. MONTGOMERY, Esq., D.L., J.P., Blessingboume,
Fivemiletown.
Deputy-Chairman — Sir A. D. BROOKE, Bart., Colebrooke, Co. Fermanagh.
Anketell Moutray, Esq., D.L.
R. J. Betty, Esq.. J.P., Aughnacloy
Robert T. B. Stewart, Esq.
T. I. Graham, Esq., Aughnacloy.
J.Lendrum,Esq.,Cleen, Fivemiletown
J. J. McCrea, Esq., Lislane, Fivemile- town.
W. J. Barbour, Esq., Mullaghmore, Caledon.
W. Mercer, Esq., J.P., Caledon. J. M'Connell, Esq., Brookeboro*. J. O'Donnell, Esq., Brookeboro'. W. Richey, Esq., Freughmore,
Clogher. T. H. Shannon, Esq., Annacramp,
Caledon. H. Warnock, Esq., M.D , Clogher. M. J. Fiddcs, Esq., Aughnacloy.
Sec. and Acct. — H. S. Sloan, Aughnacloy, Co. Tyrone ; Oen. Man., W. Irwin ; Eng., James Barton; Loco. Supt., G. Akerlind; Aud., £. Bailey, F.C.A.
Registered In 1883 under the name of Clogher Valley Tramway, to construct a tramway and light railway, 37 miles in length. Authorised by the Tramways and Public Companies (Ireland) Act, 18:^3, but in 1894 the name was changed as abore.
CU>QHBB YAUiiEY LDCITED — CLONAKILTY EXTENSION. 4$
Aathorised capitaL, 150,0001., in IM. shares. The counties of Tyrone and Fer- mam^ guMOBOtot 5 per cent, per annum in perpetuity on 132,000/. of the abore awMBt, while the Trcassury undertakes to par to the counties half the amount they may have paid to tlie Company after the line has been opened for traffic, prwided such half siiaD not amount to more than 2 per cent, per annum on the ptid-up capital for the time being. Any deficit on working has to be provided by tkegaaranteeini^ counties. 123,310f. of the guaranteed shares liave been issued and ptid up ; no ordinary shares have yet been issued. The accounts are made up half-y«uiy to Slst March and 30th September and submitted in June and Decem- ber. F<Mr the half-year ending March, 1899, there was a loss on working of 474/. ; Scptemher, 1899, profit 470/.; March, 1900, loss 7/. ; September, 1900, profit 67/. ; March, 190L, loss 709/.; September. 1901, profit 196/.; March, 1902, loss 776/.,- September, 190S, profit 659/.; March, 1903, loss 280/. September. 1908, profit 782/.; March, 1904, loas 41/. Ouaranteed interest payable 1st April and Ist October.
Tnnaf er form, common ; f ee 2«. 6<2. per deed.
CLONAKILTT EXTENSION.
DIRECTORS:
Chairman— SAVAGE FRENCH, Esq., J.P., Queenstown.
JMeph Pike, Esq., DX., Glanmire, Cork. I T. F. Carroll, Cork. T. J. Canty, Esq., J.P., Clonakilty. |
OFFICERS.— Sec., R. H. Leslie; Auditors, W. C.L. Sulllran and E. C. Hitch- ■oe^; Bankers, Munster and Leinster Bank.
Oflicea— Albert Quay Terminus, Cork.
Incorporated by act of 22nd August, 1881, for the construction and maintenance of a railway from Oaggin to Scartagh (Clonakilty), county Cork. Length, 8| miles. Period for completion, 5 years. Working agreements with Cork and Baadoa. Capital, 40,000/. in 10/. shares, divided as follows :— 15,000/. in baronial riarantee shares; 25,000/. in ordinary shares. Debenture stock, 20,000/. at 4 per
CCBt.
LinespcDed S8th August, 1886.
By tkt Cork and Bandon and this company's joint act of 14th July, 1884, the period for comfrietion of works was extended to 22nd August, 1887. Powers were alio girea to the Cork and Bandon to subscribe towards this undertaking 7,500/.
Caittai. — ^15,000/. in baronial guarantee 10/. shares ; 25,000/. in 10/. ordinar>' ihares: and 20,000/. in 4 per cent, debenture stock. Total, 60,000/., all of which bad b«en expoided on the line.
Rktxxtx. — 81st December, 1903. Gross receipts, 2,277/.; expenses, 1,280/.; net leoeipti^ 9971. 90th June, 1904. Gross receipts, 2,137/.; expenses, 1,272/.; net leeeipta, 965/. Charges— debenture stock Interest to 30th June, 1904, 400/. ; baronial guarantee interest to 30th June, 1904, 375/. ; total, 775/.
.To. of Directors — 4 ; quorum, 3. QucUi/ication, 20 shares.
COCKERMOUTH, KESWICK, AND PENRITH.
DIRECTORS : : Chairman— JOHN JAMES SPEDDING, Esq., Windebrowe, Keswick. Deputy-Chairman— Sir HENRY RALPH VANE, Bart., Hutton-in-the-Forest.
Reginald Dykes Marshall, Esq., Castle- | *Charle8 James Cropper, Esq., Eller>
ngg Manor, Keswick. ! green, Keudal.
J. W. Pattinson, Esq., Richmond Hill, | *Miles Maclnnes, Esq., Rickerby House,
near WhltebaTen. , Carlisle.
tHenry Charles Howard, Esq., GreystokefHenry Tennant, Esq., Holgate Hill
Castle. House, York.
tSir David Dale, Bart., West Lodge,. Darlington.
Hamlet ROey, Esq., Ennim, Penrith tlh<fmas Glasaon, Esq., Brooklands,
Pearith. J. Watson Nelson, Esq., Edenbank,
Laogwathby, R.S.O., Penrith.
* 2iominated by London and North Western, t Nominated by North Eastern.
t Retire in June, 1905.
44 OOOfiSIBMODTH, KESWICK, AXD PENBITH.
0FFICERS.^Scc.an4l G>en.Han.,^PeterThompfloa ; Eii«;.vJohn Wood»M.Iii«t.C. E^ 18,. Bank Etneet, Carlisle; Traffic Sapt., J. Clark; Accountam, John.Fostlethwalte^ Auditors, John Kidd, Peorith, and Jx>hn Anustrong, .Cockermouth; -Solicitor, Edward Laxnb Waagli, Cockermoatti. Offices^-Keswick . Incorporated by actof Ist August, 1861, to^onstruet aline fromtlie Cockcrmoutli and Workington to Penritti on ttie Lancaster and Carlisle. .Length, 31 i niilea« -Capital, 300,000;. in^O/. shares and 66,000/. on loan. Arxangements with Cocker- moutliand Wxiirkington and 'London and North Western .for use of stations.
WoRKiNO.ABJtANGBMBSTi— >By-aet of 29th June, 1863, eeverali new works were authorised. Certain iShazes -were caneelled, and a preference .iesue of 5 percent. Allowed instead. Powers not exeroised. The London and Noith Western, and ttee North Eastern subscribed -25,000;. each to the undertAking, .and inntAred into working agreementaf the terms'being fixed, providing for the working* of the traffic 4n perpetuity, in consideration of 33^ per cent, of the j-eceipts for passengers and goods and 35 per cent, for minerals. In operation, 31^ miles.
Capital.— The expenditure on ihis account to SQth June, 1901, amounted to 462,522/.. the receipts having been as follow: —
Consolidated ordinary stock £307,479
Consolidated (5 per cent.) preference stock 25,000
Debenture stock 90,132
Premiums upon issue of debenture stock ...m...~*.........~.».. 2,868
Premiums on issue of ordinary stock 2,521
Balance 34,88S
Ordinary stock unissued 2,521/.
£49t,M8
PRIORITIES, DESCRIPTIONS, DIVIDENDS, Ac, OF STOCKS AND SHARES. — The following is a list of this eompany^s Bonds, Shwree, and Stocks, numbered in order of priority, with conditions of issue in irief. descriptions of ehaires and stocks to be strictly observed in transfer forms and all other legal .documents relating thereto, viz.: —
1— Debentube Stock. — Amount, 90,1321. Created February ^Jeth, -1876. 'Interest at 4 per eent. per annum, payable half-yearly, on 1st January and Ist July.
2— Pbrfbrbkce Stock.— Issued under Board of Trade Certiteote, 1867, in .5'{000 shares of 5/. each (consolidated into stock in AugixBt, 1882). XHnrhlends at .5 per cant, per annum, not accumulative, but contingmit upon the profits of each half-year, payable with the dividends on the ordinary stock, nsoalljr on 1st March and Ist September, the transfer books closing about 21- days before payment.
S — Ordiwary fiTOCK (286iO§0?.X originally issued in 207.BhareB,*00,WO/.; 4/.«hare8 (fifths), 84,000/.; and 5/. shares (new \), 25,0>00/., consolidated in AngHtft, 1882; «nd 26,000/. iesucd (under powers of act of 1894) in October, 189$ ; and 22,479/. under the eame act issued in June, 1901.
Revenue.— The results of working during the past three half-years are detailed l)elow: —
G roBS receipts
Expenditure
Net revenue ^
Balance from last half-year
Add sundry interests
Total net revenue ..»
Interest and other prior charges
Dividend on preference shares
Available for dividend on ordinary shares
Half-ybar bnded
30th June, 1903. £{»4,160 15,808
31st Dec,
19(»3. £26,7^)8
16,752
£9,986
56
131
£10,178 2,771
80th June, 1904.
15485
£8.352 148 131
£7,839 243 ISl
£8,631 2,569
£7,708 •2,R96
£6,062 625
£7,402 625
«25
£5,487
£6,777
£4,482
COCKEBMOTJTH, KESWICIT, AND PENRITH. 45
The dlvidiend on the ordinary stock for the half-year ended 80th June, 190:3; wa» at the rate of 34 pet cent. per. annum. for the half-year ended Slfit December, 1903, was at the rate of 4} per cent, per annum, and for the half-year ended 30th June,. 1904, at the rate of 2f per cent, per annum.
The dividends are payable usually on 1st Miirch and 1st Sieptember, the transfer books closing abovt 21 diiy» before payment:
TRANSFER DEPARTMENT.
Transfer form— ordinary. I Certificates are reqvi'red to accompany
Fee, 2s. 6d. per deed; if more sellers than j transfers to the Secretary.
one, 2s. 6d, each seller. | Any amount of stock, not being part of
Several classes of stock,otherthan deben> . 11. steiriiug, trans/arable.
tnre, may be transferred on one deed Meetings held in February and August.
QOLJSm VALLEY AND HALSTEAD:
DIRECTORS: Chairman->W. BAILEY HAWKTNB, Esq., Stagenhoe Park, Welwyn, Herts.
Robert E. Yaizey« Esq,, J.P., Tilbury Hall, Halstead, Essex.
Arthur Clement Tweedy, Esq., Mon- mouth.,
Stephenson Robert Clarke, Esq., 4, St.
Dunstan's Alley, E.C. Cbas. Bridger Orme Olarke, Esq., 4, St.
Dunstan's AUey, E.C.. William Clarke. Esq., M.Inst.C.E., 89,
Old Queen Street, JS.W:
OFFICERS.— Sec. uid Gen. Mtuii, E. 9. Hawkins; Res^ Eng., A. a. Feiin, Halstead, Essex; Accountant, S. Rayner; Auditor. James B. Laurie, A.C.A4,. 2, Gresham Buildings, E.C.; Solicitors,, Blyth^ Dutton, , Hartley, and Blyth, 112, Gresham House, E.C.
Offiees — Hifilstead, Essex.
Incorporated by act of 30th June, 1856, to make a railway from the Chappel Station of the Colchester and Stour Valley to the town of Halstead, in the connty of Essex.
Agreement with Great Eastern.
By the Amalgamation Act of 1862,. the Great Eastern is bound to take and work, the Colue Valley, if the company calls upon them to do so. on tho terms of paying 0T«r 50 per ceiit. of the earnings. Facilities are also, given for transmission and receipt of traffic between the Colne Valley and the Great Eastern, by through bo)king ami through rates, in case the former company should preferto work it» own line.
Powers for extension to Havorhill, (fee, were obtained under acts. 1859, 1861, 18C3, 1865, and 1885.
By act of 14th August, 1885, powers were obtained to re-constitute the board of •iirectors, refer the affairs of the company to arbitration, and to borrow a sum not exce«diiig 50.006/. as a first mortgage in priority to any of the company's borrowed or other capital, being a first charge upon the undertaking and its gross' receipts after payment of working and maintenance, annual rcnt-chargesi, and all rates, taxes, or other burdens affecting the same. Under the act the Right Hon. Lord Bramwell was appointed arbitrator, and particulars of his award appeared in the Mjlxial for 1898, and previous editions.
The arbitrator consolidated the two classes of preference stocks (the second of which was only 1.750/. in amount), and limited the maximum dividends receivable hy the "B" debenture stockholders to 4 per cent., and those receivable by the preference shareholders to 6 per cent.
Under the Regulation of Railways Act, 1889, the sum of 12,150/. was authorised to b«^ raised. In operation, 19 single miles.
Capita.!.. — The expenditure on this account to 30th June, 1904, amounted to .'.16,24,'>/.. the receipts having been as follow:— Ocdinairy shares, 61,200/.; preference »hare». 25,5*XJ/.; "A" debenture stock, 61,845/.; "B" debenture stock, 367,306/.; balance, 246/.; total, 616,245f.
46 COLNE VALLEY AND HALSTEAD.
1
CORK, BANDON, AND SOUTH COAST.
DIRECTORS:
Chairman—;) JOSEPH PIKE, Esq., D.L., Dunsland, Dnnkettle, Co. Cork.
Deputy-Chfdrman— 1 THEODORE F. CARROLL, Esq., Ringacoultig, Rashbrook,
Co. Cork.
2 The Right Hon. Jonathan Hogg, D.L.,
Cope Street, Dublin.
3 Somers Payne, Esq., B.L., J.P., Carrig-
mahon, Monkstown, Co. Cork. 8 Frederick Wm. Crossley, Esq., 118, Qrafton Street, Dublin.
1 Savage French, Esq., D.L., Cuskinny,
Queenstown, Co. Cork.
2 Captain A.Warren-Perry, J.P.,Kin8ale.
1 James M. Sugrue, Esq., Sidney Place,
Cork.
2 William M. Mnrphy, Esq., J. P.,
Dartry, Upper Rathmines, Dublin.
1, Retire in February, 1905; 2, in 1906; 8, in 1907.
OFFICERS.— Sec. and Accountant, Robert H. Leslie; Gen. Man. and Eng., John R. Kerr; Traffic Man., W. C. R. Coe; Loco. Eng., James W. Johnstone; Auditors, W. C. L. Sulliran and E. C. Hitchmough; Solicitors, Harrington and Son, Dublin, and Arthur Julian, Cork ; Bankers, Munster and Leinster Bank, Cork.
Head Offices — Terminus, Albert Quay, Cork.
Incorporated by act of July, 1845, for a line from Cork to Bandon. By 11 Vie. cap. 194, a deviation and extension into Cork was authorised.
Baltimore Extension. — This extension was opened in May, 1898. The line runs from Skibbereen to Baltimore.
Bantby Extension.— This extension was opened for traffic on Ist July, 1881, The dividend on the ^* A " or baronial guarantee shares, at the rate of 5 per cent, per annum, is being paid by the guaranteeing baronies. This capital is 40,0002., in 10/. shares, and the ordinary capital 80,000/., also in 10/. shares, upon which no dividend is at present being paid. Both classes of shares have been converted into stock.
Bantst Bat Extension.— By Order in Council of 28th January, 1891, power was granted to extend the line to the deep water at Bantry, and authority given to raise 15,0001. by the issue of debenture stock, the Treasury contributing 15,0001. also as a free grant. This extension was opened in November, 1892.
Clonakilty Extension. — See Gbnb&al Index.
CosK AND KiNSALE JUNCTION. — The Klusale line is now a portion of the system of the Cork, Bandon, and South Coast. For the early history of the line, see Manual for 1904, page 50, and previous volumes.
Ilen Vallbt.— See Obnebal Index, and Manual for 1896 for arbitration' award.
West Cobk.— Incorporated by act of 28th August, 1860. This railway com- mences at Bandon, and runs through Ballineen to Dunmanway (where the lien Valley line Joins it and runs thence through Drimoleagne to Skibbereen; iengtk about 18 miles). The West Cork is now a portion of the system of the Cork, Bandon, and South Coast, by whom it was purchased under act of 24th July, 1879.— For previous details, see Manual for 1878, and for arbitration award. Manual for 1895.
Arrangement with Postmastbr-Genebal.— See MANUALfor 1884, page 62. By a new arrangement, which came into operation in May, 1901, the company receives 5,500{. per annum for mail service.
MiLEAGB.— Lines owned, 61 miles; lines worked, 82| miles.
Revenue.— No dividend is behig paid at present on the preference and ordinary i shares, but the dividend on the 5 per cent. ** A " debentures is regularly paid. The last dividend paid on "B" debenture stock was 2«. 6d. per cent, for the year «nded 81st December, 1892.
Meetings in February and August.
No . of Directors— 6 ; minimum, 8 ; quorum, 8. Qumlification^ 6001,
CORK, BANDON, AND SOUTH COAST.
47
Capital. — Powers have been obtained from time to time for an increase of capital, which now standi as set out below. Particulars of the various orders will be found in the Manual for 1904, pages 49 and 50.
Ordinary 100/. stoclc £176,282
No. 1 preference 5i per cent, stoclc 48,000
No. 2 preference 4 per cent, stock 37,654
West Cork preference 4 per cent, stock 178,250
Kinsale preference 4 per cent, stock 47,485
Preference 4 per cent, stock, 1900 3,065
4 per cent, debenture stock 199,000
Sundries 35,442
Balance 89,853
£757,481
Rbvkncb.— For half-year ended 80th June, 1904, the net receipts with balance brought forward sufficed for the payteent of a dividend of 2 per cent, on the ordinary stock, 1,6912. being carried forward, and 1,000/. placed to credit of suspense account. For the previous half-year the dividend upon the ordinary stock was at the rate of 8 per cent, per ai)num, 8,6002. placed to suspense account, and 8,000/. carried forward.
TRANSFER DEPARTMENT.
Preference stock transferable in sums of 10/., and multiples of 10/., except the 5^ per cent, preference stock, which is transferable in multiples of 6/. 5«.
Transfer form— ordinary.
Fee, 2m. Bd. per each class of stock.
Several classes of stock, other than de- benture, can be transferred on one deed.
OrdioAry stock transferable in sums of 50/., and multiples of 50/.
The accounts are made up to 30th June and Slst December in each year, and the meetings held in Cork in February and August.
Ho. of JHrectort. — Maximum, 12; minimum, 6; quorum, 3. Qitaliftcationy 1,0002. stocks, except debenture stock. Committee of directors, 3 to 7 ; quorum, 8.
CORK, BLACKROCK. AND PASSAGE. DIRECTORS: Chairman—STANLEY HARRINGTON, Esq., J.P., Trafalgar, Cork. Deputy-Chairman— K. B. WILLIAMS, Esq., Mallow, Co. Cork.
T. F. Carroll, Esq., Ringacoultig,
Quecnstown. S. J. Merrick, Esq., J. P., Youghal, Co.
Cork.
J. H. Sugrue, Esq., Carrolls Quay, Cork. George Lynch, Esq., 87, South Mall,
Cork. Maurice Dominick Daly, Esq., J.P.,
Cleve Hill, Blackrock Road, Cork.
OFFICERS. — Sec. and Treasurer, R. J. Copingcr ; Gen. Man., J. J. O'Sulllvan ; Chief Acct., Joseph Downey; Eng., R. H. Good; Auditors, G. B. Morgan and Georg* Tolerton ; Bankers, Bank of Ireland Limited.
Head Office— Albert Street, Cork. Incorporated by act of July, 1846, for a line (Cork to Passage West), 6) miles.
By act 44 and 45 Vic, 1881, the company obtained certain powers to provide and use steam and other vessels, and for other purposes. New capital, 26,000/.; borrow- ing powers, 8,600/.
By act of 7th August, 1896, amended by act of 1901, the company was authorised to extend their line to Crosshaven. Length of the three sections about 10 miles; period for completion, 5 years; power granted to purchase and cancel preference ■hares issued under fict of 1868; also to divide ordinary shares into preferred and deferred half-shares; and fo»«ther purposes. New capital, 80,000/.; loans, 26,600/.
By act of 1901, company authorised to issue 125,000/. in loan or debenture slock, viz., 65,000/. in priority to existhig debenture stocks and 60,000/. ranking after the existing debenture stocks.
48 CORK, BLACKROCK, Ain) PASSAGE — COBKAND MACROOM DIRECT.
Capital. — The receipts on ttols. account to SOth Jtine,190l, were asfbllow:— Ordinary, preferred ordiAaryi and deferred, ordinary
shares £118,1(40
Five percent, pr^-erenee shares. 2,00&
Fonr per oeirti preference shares^lSSl-....*. .....m... 28;0(MX-
Four per cent, preference shares, 1896 80^000:
Debenture^stooks ^ It7;980>
SnndrieswM... ^ 1,'888<
Loan from Board of Works „.. Z%^0'
£Z92i919 Ataionni expended. 390,624/; Balance, 3,9dlf.
Revenue. — For the half-year ended 3l8t December, 1897, the ordinary stock divi- dend was at the rate of 2 per cent, per annum ; 80th Jnne, 1898, 1 per cent, per annum; 31st December, 1898, 2 per cent, per annum; 80th June, 1899, 1 per cent, per annum; Slat December, 1899; 1 per cent. per. annum; and 30th: June, lJ906i, to 80th June, 1904^ niL
TRANSFER DBPARTMBNT.
Transfer form— ordinary.
Fee, 2«. 6rf. per deed.
Several classes of stock cannot be trans
ferred on one deed.
Certificates are required to accompafly transfer deeds to the Secretary.
Stocks are transferable in amounts m>t lessthaafiO/., and no parts of 1/. sterling are allowed.
The- accounts are made up to. 30th. June and 31st December, and. the statutory meetlngrs held at Cork in February and Augast.
Scale of Voting.— I to & shares, 1 vote ; 6 to.lO shareB4.2 rotes^ andl additioaa) vote for every 10 shares.
No. of Directors. — Maximum, 7 ; quorum, 8. Quali^aHdni 20 sharesi
CORK AND SIACRQOai DIRECT..
DIRECTORS: Chalrman-.-MARTIN FLAVIN, Esq., J.P., Rosemount Villa, Sunday's Well, GOrk.
Richard J. Barry, Esq., Belgrave FUce,
Cork. Edward Harding, Esq., J.P., West View,
Sunday's Well, Cork.
Capt. Richard Tonson Rye, D.L., Rye
Court, County Cork. Edmund J . Julian, Esq.,Tivoli Villa,Cork. 11. B. O'Sullivan, .Esq., Oticl House«.
Ballincollig, Co. Cork.
OFFICERS.— Sec, F. L. Lyster; TraflBc Man. and Acct., G. B. Morgan; Audit Acct., T. Keyms; Eng., R. Evans; Loco. Supt., M< J. Reen; Auditors,. David McDonnell, M.A., LL.D., and H.Coppliiger; Bankers, Munster andLelnster Bank, Cork.
Offices — Capwell Station, Cork.
Incorporated by act of 1st August, 1861, to construct a line from the Cork and Bandon. near Cork, to the town of Macroom. Length, 24^ miles. Capital, 120,0001. in 10/. shares; loans, 60,000/.
By act of Slst July, 1868, the company was authorised to convert 50,000Z. of the unissued original shares into preference shares, at 5 percent., withpowerstoborrow an additional sum of 10,000f. on mortgage.
By act of 11th June, 1877, the company was authorised to construct a railway,- a little over six furlongs in length, from Ballyphehane to CapwelL New capital, shares or stock, 21,000/.; loans, 7,000/.
By act of 9th July, 1889, powers were obtained to create and Issue debenture stock to the extent of 35,000/., and to subseribe to the Macroom and Baliyvoomey (Light) any sums not exceeding 20,000/.
The works of the new independent line into Cork were commenced in Februarys 1878, and opened to Capwell Station, Cork, in October, 1879.
CAPiTAL.T-Tfae expenditure on this account amounted, on- 30th Jane, 1904) t» 221,222/. The receipts have been as under: —
Ordinary 10/. shares £92,0B0
6 per cent, preference shares „.,... - ^ ^ 44,160>
Debenture stock at 4 per cent 76,630
Sundries— land sold, Ac, and amount transferred from net revenue accouul (5,628/.) 6,651
£218,481
COBK AND MACBOOM DIBECT— COBE AND MUSKEBBY LIOHT. 49
Revenue. — 81st December, 1904. The net revenue, after payment of debenture interest, sufficed for preference dividend at 5 per cent, per annum, and ordinary dividend (free of tax) at 3t^ per cent, per annum, carrying forward 669/. Dividends payable 2nd March and 2nd September.
COBK AMD MTJSKBRRT LIGHT.
DIRECTORS: Chairman— R. BARTER, Esq., St. Ann's Hill, Cork.
M. Healy, Esq., Coachford. •C. O'Connell, Esq., Cork. *J. O'Donoghue, Esq., Cork. *P. O'Leary, Esq., Macroon.
M. Ahern, Esq., Blarney, Co. Cork. J. S. Collins, Esq., Amaddee, Carri-
gn^hane, Co. Cork. Sir O. St. J. Coltburst, Bart., Blarney
Castle, Blarney, Co. Cork.
* Rural District Directors.
OFFICERS— Gen. Man. and Sec, T. O'Connor; Engineer, W. H. Hill, jun. ; Loco. Eng., W. Hayes ; Acer., D. O'Leary ; Solicitor, J. W. Bonrke.
Offices — Western Road Terminus, Cork.
Registered 12th December, 1883, to construct a light railway, 18 miles in length, authorised by the Tramways and Public Companies (Ireland) Act, 1883. Authorised capital, 75,000/. in 5/. shares, all issued and paid up. 5 per cent, per annum is guaranteed by the three baronies in County Cork. In the event of failure by the company the baronies are bound to work the line and pay the guarantee on the shares, and whether the line is open or not the guarantee is to be paid. Subject to the line being worked the Treasury guarantee 2 per cent, of the 5 per cent, dividend. Sums advanced under this guarantee are to be repaid out of the net earnings in excess of the guarantee, and any deficit on working to fall on the baronieii. The accounts are made up half-yearly to 80th June and 31st December, and submitted in August and February. The guaranteed dividend is payable in March and September. For half-year ended 81st December, 1903, the working profit wasl,S01/., and for the half-year ended 30th June, 1904, 967/.
Voting Power.— 1 vote for each share.
l>irector*s QucUiJIeation. — 5 shares.
Transfer form, common; fee 2s. Gd. per deed.
CORRINOHAM.
DIRECTORS:
Chairman— A. T. COCKING, Esq., J.P., The Grove, Stanford-le-Hope, Essex.
Arthur Chamberlain, Esq., J.P., Moor I A. W. Kerly, Esq., 14, Great Win- Oreen Hall, near Birmingham. | Chester Street, London, E.C.
Sec. and Offices — Jas. W. Ramsay, Kynochtown, Essex.
Incorporated in IS99 under the Light Railways Act, 1896. Authorised capital, 13.000/., including loans; capital Issued, 9,000/. in 1/. ordinary shares and 3,000/. in 4 per cent, debenture stock. The line was opened for goods traffic on 1st January, 1M1, and for passenger traffic 29th June, 1901. The accounts are made up annually to Slst December, and submitted In February. A dividend at 3 per cent, per annum was paid for second half-year, 1900, out of special receipts, and for the years 1901, 1902, and 1904 7^ per cent, per annum was paid.
C0BRI8.
DIRECTORS: Chairman— Sir GEORGE WHITE, Bart., Clare Street House, Bristol.
Samuel White, Esq., Clare Street House, Bristol.
J. Clifton Robinson, Esq., J.P., Garrick
Villm, Harapton-on-Thamcs, S.W. Hugh C. Godfray, Esq., 42, Flnsbury
Square, E.C.
OFFICERS.— Sec, W. G. Verdon Smith, Clare Street House, Bristol; Man. J. R. Dix; Auditor, James Fraser, junr., Langthorn House, Copthall Avenue, E.C. Bankers, National Provincial Bank, Machynlleth.
Offices — Clare Street House, Bristol, and Corris, North Wales
E
50 COBRia^-CBOWHUBSTy SIDLBY^ AND BBXHUiL.
Incorporated by aot ori2tb Jal7,18£8, .under thename of the ** Gorrif, Machynlleth, and Birer Dovey Tramroad,*' for making a railway or tramroad from the Aberlle- fenny and Corrit Slate Quarries, in the parish of Talyllyn, in the county of Merioneth, to the River Dovey, in the parish of Llanfihangel-6enea*r-Glyn, in the county of Cardigan, with branches therefrom, and for other purposes. Length, 11 miles. Capital, 15,000/. in shares and 5, 000^ debentures. Gauge, 2ft. Sin. In operation, 11 miles, single line— 6J^ miles main line, Machynlleth to Aberllefenny, 4^ miles branches to quarries.
By act of 25th July, 1864, the corporate name of the company was changed to the ** Corris Railway Company." The abandonmentof the portion west of Machynlleth, and the employment of locomotives, was authorised.
By act of 9th July, 1880, former powers were amended, and new regulations made as to toll9, rates for luggage, Ac.
By act of IStb June, 1883, the company was authorised to use their railways for passenger as well as for goods traffic.
Capital. — The capital account to 81st December, 1903, showed that 20,000). had been received and 21,223/. expended. The capital consists of 15,000/. in ordinary consolidated stock, and 5,000/. in 5 per cent, debenture stock.
Rrvenob. — ^The net earnings for the year ended 31st December, 1903, aufficed for the payment of debenture interest and dividend at the rate of 6 per cent, per annum on the consolidated stock.
Meeting held in March.
CROWHITRST, SIDLET, AND BBXHXLL.
DIRECTORS :
Chairman— The Hon. ALFRED ERSKINE GATHORNE-HARDT,
77, Cadogan Square, S.W.
The Right Hon. Earl De La Warr, Manor House, Bexhill.
Colonel John James Mellor, The Wood- lands, Whitefield, Manchester.
Sir Auchitel Piers Ashbumham Clement, ' Bart.
Pelham Rawstorn Papillon, Esq., Crow> hurst Park, Battle.
Secretary, Charles Sheath, London Bridge Station, S.E.
Incorporated by act of 15th July>1897, for the construction of a railway com- mencing at Crowhurst by a junction with the Tunbridge Wells and Hastings branch of the South Eastern, and terminating at Bexhill in the county of Sussex. Length, about 4^ miles. The line was opened for traffic 1st June, 1902, and U worked by the South Eastern and Chatham Railway Companies Managing Committee. Capital 135,000/. in 10/. shares, with power to divide into preferred and deferred half-shares. Borrowing powers, 45,000/. Power to pay interest out of capital during construction at rates not exceeding 3 per cent, per annum.
Additional capital subsequently authorised as under : — Crowhurst, Sidley, and Bexhill Railway Act, 1898— shares, 48,000/. ; borrowing powers, 16,000/. South Eastern Railway Act, 1899 — shares, 65,000/.; borrowing powers, 21,000/. South Eastern Railway Act, 1900— shares, 50,000/.; borrowing powers, 16,666/. South Eastern and London, Chatham, and Dover Railway Act, 1902~aharef, 100*000/ ; borrowing powers, 33,800/.
Meetings held January, July, or August.
No. of Directors.— Muximjxm, 5; minimum, 3 ; qnomm, 8. Quaiification, 40 shares.
DEARNS VALLEY.
DIRECTORS:
Chairman— Sir GEORGE J. ARMTTAOE, Bart., Kirklees Park, Brighouse.
Deputy-Chairman— J. J. Addy^ Esq., Monk Bretton, Bamsley.
T. E. Vickers, Esq., River Don Works,
Sheffield. J. J. Jarratt, Esq., Houghton.
E.B. Fielden, Esq., M.P., Dobroyd Castle,
Todmorden. C. E. Hunter, Esq., Selaby, Darlington. R. Armltage, Esq., Parnley, near Leeds.
OFFICERS— Gen. Man., Sebastian W. Meyer; Eng., S. R. Kay; Auato^ J. W. Close; Solicitors, Day and Yewdall ; Bankers, York City and County
Offices — 13, Bond Street, Leeds.
DEARNE VAI^UBY— DIDCQT, NE^BUBY,, AI^D SQUTSAMPTON. 61
Incorporated by act of 6th August, 1897, for the construction of several railways, amoanting in the aggregate to about 21 miles, commencing at Felkirk, by a junction with the Hull and Barnsley, and connecting Darfleld, Bolton-upon-Dearne, Little Houghton, Mexbrongd, Cantiey, and Loversall, all m the County of York; also the construction of a dock; widening both sides and deepening the River Oun; alteration and conversion into a swing bridge the existing bridge, and constructing a wharf and lay-bye on the north bank of the River Dun Navigation, Period for completion of railways, 5 years, and for dock and wharf, 7 years. Capital, 600,00(M. in 10/. shares, with power to divlQe into preferred and deferred half-shares. Borrow- ing powers, 200,000/. Power to pay Interest out of capital during construction at rates not exceeding 3 per cent, per annum.
.Vo. of Directors. — Maximum, 9; minimum, 3; quorum, 3. Qual^aiion^ lOOshares.
BIDOOT, NBWBUBT, AKD SQUTSASU'TOaf. DIRECTORS :
Chairman— GEORGE THOMAS HARPER, £»q., The Manor Houjse,'Cbltcombe,
Winchester.
Deputy-Chairman— WILLIAM GEORGE MOUNT, Esq., Wasing Place,
Reading.
Frederic Goodenougb, Esq., Winicombe
Court, Ealing, Robert Stewart Bain, Eaq., 2^A^Cookspur
Street, S.W.
Colonel Edward Banco, D.L., Rose
Moont, W«9twood Park, Southampton. Frederick Beresfurd Turner, E!>q„ 125,
High Street, Southampton. Major John Emilius Le Feuvre, 8,
Gloucester Sqnare, Southampton.
OFFICERS. — Sec., James George Vokes, Westminster Chambers, 11, Victoria Street, S.W. ; Engs., Fowler and Baker, 2, Queen Square Place, Westminster, S.W.; Traffic Agent, Alfred Manning Price, 11, Oxford Street, Southampton; Auditors, John S. Cbappelow, F.C.A., 10, Lincoln's Inn Fields, W.C, and Walter Money, Newbury; Solicitors, Baxter A Co., 12, Vlotoi-ia Stieet, S.W.; Bankers, The London and County Bank, 21, Lombard Street, E.C., and ita Branches; The National Bank, Charing Crosg. Other Oepartmental Officers are the same m the Great Western.
Offices — Westminster Chambers, 11, Victoria Street, Westminster, S.W.
Incorporated under acts of Parliament, passed 5th August, 1873, 24th July, 1876, 9th July, 1880, 10th August, 1882, lOth July, 1883, 6th August, 1886, 23rd August 1*87, 7th August, 1888, 26th July, 1889, and 11th June, 1891.
The acta provide that the undertakhig be divided into three separate scc-^ ciotiH, called the Newbury Section, the Southern Section, and llie Southampton ejection.
The Nkwburt Section, whicli was opened for public traffic in April, 1882, cora- lueiices at Didcot by a Junction with the Great Western (which runs from thence to Oxford and tlie north, and to Bristol and the west), and proceeds south, with >tMt:uus at Upton, Conipton (for East Ilsley), Hampstead Norris, and Hermitage to N«*bury. About 50 villages are thus aocommodated. The capital applicable to xiitt section is 300,000/., iu preference uud ordinary shares, with the usual borrowing ;>owersof 100,000/.
The SouTBBRX Sbctiom, a» altered by the act of 1882, commences at New- Sury, and proceeds south to Burgttclere, where it joins the Southampton Seetion. The capital a|>plicable to this section is also 300,000/., in preference and ordinary •hares, and the usual borrowing powers ot 100,000/.
The SocTHAJUTOM Skctiov joins the Southern Section at Burghclcre, passing by Wliitchurch, where it eftectH a junction with the main line of tiie London and Soutli Western to 8ali»bury, Exeter, Plymouth, and the west. From Wliitchuroh the hue proceeds south to the city of Winchester, tlience by Twylord, AUbrook, Chil- Worth, and Shirley to Southampton, and, by means of the tramways belonging to th>.- Souihampton Harbour Hoard, obtahis access to the Southampton docks and : ; i:.c company's new pier, whence the steamers arrive and depart.
The total authorised capital, by the special Act of Parliament for the South- ampt"n Section, was 1,000,000/., 500,000/. in 5 per cent, preference shares, and i>*)0.*>Oo/.in ordinary shares, the latter not to receive any dividend until the preference %hare«k have received their full dividend of 5 per cent, per annum. Borrowing l>7Wirt, UiJS.OOO/.
52 DIDCOT, KEWBUBY, AND SOUTHAMPTOK.
The act authorising the Southampton Section specially provides that it forms a separate undertaking, distinct and apart from the rest of the undertalcing of the company, separate accounts of capital and revenue being kept, as if an independent company. It is not liable for the debenture debts of the other sections, or for the interest thereon.
The general expenditure and llabilKies for management of the undertaking are apportioned between the three sections.
The first sod was cut on 26th August, 1879. The first section, from Didcot to Newbury, was opened 13th April, 1882. The Newbury and Winchester section was opened on 4th May, 1885.
By act of 16th July, 1888, the name of the company was changed as above, and the created capitals of the various sections consolidated on equal terms into two stocks as follow:— 30,721 ordinary shares of 10/. each=307,210;. ; and 64,055 perpetual 6 per cent, preference shares of 10/. each=640,550/.; together 947,760/. out of a total authorisedconsolidatedsnmof 1,600,000/., the loan capital being consolidated into one common aggregate sum of 533,0(K)/.
By act of 16th July, 1885, the time limited by the act of 1882 for completion of works, other than railway No. 4 and the junction near the Alton Branch, was extended until 10th August, 1888.
By act of 6th August, 1886, new capital was authorised to the extent of 359,450/., as pre-preference stock, being the balance unissued of the consolidated preference shares, which, in future, rank for dividend after the pre-preference stock thus authorised.
By act of 28rd August, 1887, the times for compulsory purchase of lands and completion of No. 5 were extended until 10th August, 1889, and 10th August, 1890, respectively.
By act of 1888 the construction of a junction at Shawford and Twyford with the main line of the London and South Western was authorised, securing reciprocal facilities for interchange of traffic below Shawford and Twyford, in exchange for which the London and South Western were granted running powers from the junction to Whitchurch.
By act of 26th July, 1889, the time limited for the completion of railway No. 5 (act 1882) was further extended until 10th August, 1892, and the following lines were abandoned, viz.: — Portion of No. 1 ; the whole of Nos. 2, 8, and 4: the river wall and roadways, and other works, Ac. (authorised by act of 1882). New capital, 359,450f. in 5 per cent, pre-preference stock, ranking in priority to the existing con- solidated preference shares. Loans, under certain new provisions, 15,920/.
By act of 11th June, 1891, the railway No. 5, authorised by the act of 1882, and known as the AJdermaston Branch, was abandoned, and the number of directors was reduced.
By act of 6th August, 1897, the company was empowered to raise (in addition to 315,920/. already authorised) a further sum of 150,000/., to be distinguished as 1897 debenture stock, and to bear interest not exceeding 5 per cent, per annum ; to cancel the power to raise the sum of 133,000/. in pre-preference stock, granted by act of 1889; to cancel the sum of 42,017/. appearing in the accounts as a debt owing by revenue to capital ; to pay out of capital the sum of 38,514/. due to sundry creditors on revenue account, and to double the line at an estimated cost of 118,312/.
By act of 11th August, 1903, power was given to raise 50,000/. additional deben- ture stock to rank jMzri pastu with existing debenture stocks other than the 166,000/. 5 per cent, debenture stock ; power to raise capital and loans at a discount ; debt owing by revenue to capital cancelled; revenue debts transferred to capital; guarantee of interest on dividends on Southampton Company's capital.
In operation, 44} miles.
Working Arbangembnts with Great Western.— Until the revenue of the Didcot Company is sufficient to pay 4 per cent, per annum on their paid-up capital, the Great Western retains 61} per cent, of the gross receipts; when the Didcot Company's revenue suffices to pay 4} per cent., the Great Western retains 52 per cent. ; and when the Didcot Company's revenue will pay 5 per cent, and upwards, the Great Western retains 52} per cent, of the receipts.
IHDOOT, XEWBUBY, A5D S01:THAMPT0S — DONEGAU
53
i «per
4
2. Ffsfeised
Jme, 19M. Authorised slutres, 947,760/^ loans, 515,92W.; ],in,CS8f. Beeeipts and ezpenditiire on capital account are as under: —
lOL shares £306,830 Works, land, Ac ..£1,317,627
lisL consolidated
638,340
debenture stock S14, 717
106,161/.; i M^CSOi.; 6 percent.,
... 138,384
iK, 2.148
17.307
£1,317,627
£1^7,627
taDowimg table shows the net receipts on the different sections for the half- aoth June, 1904:—
Xevbnry Section.. aJMl Winchester
&xvfflrd Jnaetion Section
ToCaU
Gross Receipts.
£ 7,573
8,966
480
£16,619
Net
Beeeipts.
£ 3,029 3,426 (Payable to
Company for working.
£6,4M
Surplus*
£ Surplus. M9
1,776
thejSouth Western
£1,306
at debit of revenue aecoont at 30th June, 1904, was 7Q,363<., and with the Act of 1903, was transferred to capitaL
(as reduced by act of 11th Jane, 1891). — Maximum, 8; minimum, i: gaarzML, t and 2. Qma/iJiaUiom, 100 shares.
DONEGAL.
DIRECTORS:
J. A. POMEROT. Esq.. J.P., St. Angelo, BaUycassidy, Co. Fenuaiiagh.
iMToay-^ChairBaii— 1 JOHN COOKE, Esq., D.L., Foyle View, Londonderry.
t ZMfL. T. C Macky, J.P., Belmont, ; 3 John Field Beale, Esq., 28, Great
T..»>^— A».j George Street, London. S.W.
1 If. C rmisssi. "Ea^ Rathforko-, Done- , 3 Emerson T. Herdman, Esq., D.L., Sion
f»L. I House, County Tyrone.
: iaeara^ X. Xaerory, Esq., J.P.,Lima- | 2 Lieut. -Col. WUliam Hamilton, J.P., raCT. MosstUL, Glenties.
MmMpraTe, Esq., Drumg^ass 1 * James Dnnlevy, Esq., Solicitor,
J Doncf-aL
L l«i3re 3M DeccBber, 1904; 2, in 1905; 3, in 1906, but are eli^ble for re-election.
* Keprcaentaxzre of the Baronv of Baaagh pursuant to the prorisions of the West iMB^a: Uigbt KaOvay (KiUybegrs) Order, 1890.
OFFICERS. — Sec and Aect.^ W. R. Lawson; Gen. Man., Loco. Supt., and Eng., txfJBi H. Lireaey; Inflecting Eng., A. McC. Stewart; Solicitor, R. A. Macrory, Chambers, Belfast; Bankers, Northern Banking Company, BaUybofey, aiui
C^aaA Ottces— Stnaoriar Station, Co. Donegal.
debcBtare inteRrt
tiaff tv^^HK. and 1,6S0L
T hM Mfttip^hy \n tt*ftn*A by fh^. Am«knimMti4M M th« Finn Vafler ind W«t
1rf/ft*a(n] t^fumfmnif-n. nnA^r fhft fMn^sfal R«llfray Act cf lAfhJ, th* capital hting then titftl hy «pf/;}«J ntipMfktffT^ npyfAnt^il.
hy h*:i til 71th An\y, \^^, fh« A/>inpfin7 ^** ftnthorlfled to extend the eziAtins^ rftrlwM7 t/' Mtnih«nA. Ar>d t^ alt^r fh«( (f*a(r^. which wm eccoTDpIished aiiii the line T^ t,p^u*A U' HUtthnn^. on n cfmUnnouit ftftntpe Iftth Jnly, 1^94; also to alter aii«i ^<f^ri/I Mhfr p^rrrioni of tbft Kyfiff>m, th^ perlorl for compl^ion of the work» tt-fiiiinntlnft; tm 27th -Inly, 1M»^, N>w U^rrowlng powem, 16,000/.
Hv hH of 7th Anirniif. l^$»fF,th« company wan atithorfserl to extend the existing rnWwny trhin Atrahan^i to f^mflond^rry, ind fnmi Donef^l to Ballyshannon; total l^nirHi, tlh m\\p»; i^^rio'l for com)>lf!thm, $ year*; to make varions afn'^ement* ; ntfi) thr ofh^r imr\ion4'n. N>Mr capita), 140,000/., tn ordinary and preference shares; \hnun, liittnm.
Itv nl^i (it Wtih 'hilyf 1^>00, i\w Mparate undertaking anihorleed by the act of 1806 U (l(rldf>d Into two Mtparnlf nndertaklnffn, nnmely, (1) Straimnc to Londonderry, nod ^9) non»((a) to (lallynhnnnoii, and the capital authorised by the earlier act Apportioned an follow* I/ondonderry imdcrtaklnfr, shares. U4,000/.; loans, 46,000/.; KiImI. 140,000/. llnllVKhAnnon iindertsklnfr, wharf^M, 46,000/.; loans, 24,000/. Ad- illllonMl CNpltnl Mndfi- Net of lliOO shnroK, 84,000/.; loans, 17,000/.; total, 121,000/. 't'liK Nnmi> nrt nliio niithorlKcs. anions other nmtters, extension of time for purchase of Muds nnd fompli'tloii of Hnllytthnnnon section; the release of county guarantee iipnn.iind rrdoniptlon of, fl,W0/. shnres, by if>sue of sufficient 4 per cent, debeii- liiit* slonk (10,fl(>0/. 4 \wr cent, ilrboiiturc stock was Issued in exchange for the M.iiuo/, shnrns); and thr release of the c«>nipnny from liability to the cuunty for niiitipys nlr(>ady nilVHiired In rrspect of giianintee on these shares. The county has lii'Pii ndhtvcd of Ito gunrnntfo upon the shnrcH.
My net of IBOV, thn oouipany obtained powers to rcnrrnnpro the entire capital ni'iMiiinl liy l««iio of nnw •'> por criit. Ntocks. The oxistin^^C and4 percent, debenture ■Ini'k* nn<, the fnrnii'r nt thn option of the holders, consolidated into new 8 per i>ni)(. dpiHMilurn sturk, In oqulviiltMit nniounts. The preference sharosore converted liilii i>i|nlviiliMti of n««w n pel' cont. proferenoo stock. The onllnary shares are (MinvpiiiMl Into |0(»/. tif now i\ nor oont. preference nnd 50 of new onllnarj-, per I on/ •limoi. Tho !io|»ju-ulo uudertnking ordhmrv Hhai*e» arc en verted into new M piM- rout, ortlluiiry In oqual lunounts. The ilnllyslmnuou lino capital is con- voMod Into now M poroont. vuiiniuleod sttK'k, In priority to the preference stock. Nt» v»»lo<« with thtt Ntook. TruHtoos may liohl tho ii per cent, debenture stock in lion of bnrontnl K^n^i'itHtood shnrHs, and pnwlsionnlly to a^rooniont boinj^ conic to b> tho pttrttoH Intoro.'ttod, tho oonvortl«>n may bo oarrkMl out. Power also obtained t»» woik lino by olootnolty luui for oxtonslon of time for complotion of Unllyshuunon Moo. (\»n»|M»nV may erfot hotoN. lay out jfidf links. dovxMop s|»a wt»Hs, Jcc; may »uu'ha««» tho l>ono)ial Stntlou ^owned by honovral Station i'om|»any); may enter uto nvrr«HMuonts for workiu^; KUI\ boirs* and iUcntU^s State ruilna.vs; may pay tutou^^l out v>f oapital duilu); oouMnictlon of U:Uly>h.^unv'n Hue, »tc., Jfec.
I
TuoiH^sic^ !*vi»: vo TUK Mini AN i\— The dlr^H'tor-* aunouncctl in their report, d'^iod IMh «tum\ IIHH. that thoy had airrr'od with tb«^ iH relators of the M if daml dd (he toim« of a S4(leof tho itiulenaklnir. subkot to %\\<> appiwal i»f the shareholders \^\ tb*» <i>epe**tl>o v^mt^nios. and to an Act V>f rarttat«*vut tH>inir obtained to eontinn tho «rtb\ Th<» tonu* n)irt><d ujnm are as fo;;»*^\5: v^^ Vho »;elH?nturv stock to be iCNobat^ts) fov Midland i\ |vr e«»nt. d«t»en(ut'e «te%'K vteldtnir equivalent Inccue I* ■■ ». USV. of s pvv oeut. dobomvir«> »t»vk >s\*wM tvk'vivx* l^V. of Midland i^ percent. «\x>'oo«tn<v st»^ok, v^> Vhe > |vr ct'nt. ^uatHtu«'<sl Movk* to Iv sluiiUrly exchanged (o< MtdlAiut t| iH»t*cei\t. ):u«ra»-.toe%l st»K^k. l\\V * |H»r cent, ^arantevd stock for l^h"^". MMIaMd y| |H»r \^nt, ^rwarttntrevt M^^i. v»» the $ per c«>m. prvfenmce stock r« ^ < v)m«:.%>l> exchanf^^; tor Mvd:«n4 t\ y^r <ym\. i«;vA>re«ce stock in aaiue prwfor- »•."»«. y4^ vS<» orvU«*t> 5;,vk ^o ".'♦ cvch.uuwl t,»r M;si^v.si:?| per ccr.r. perfetoal l"v v^vvv* *t\vk \^f xs^wat av.\,"A»n« Pne nvt»c« tku! tv jji^er. tv» tiie prv»frfeSors ,:f T',- «i»*y»a', n\v-o<l«tfr we\Vs*.«t^ ^• ;<vAt^»e th** tMa>«cti»MK
"«' «.■ •■..••* «■,•-,■-.•'•*,-%*, Vx «v< «v ;'V5i, •.* A» tv;>w>: — Sjsx^ *4&^ryt; ; i.xizs , .. ; ,: ,. •.^. .. . ^. .^ ^ t • / Vn . t.'* * . >w^\ . i^'' '. «;;cvU . .*• "v;- : ^rc * a: J j>r r c*c: , x.*' 4v:^ . «i .» r-f' ->.•«:. ;k*4> » ;-*;**., *:4''A . ^ *vt vV ■:. r*«-'.-4r:iv- «.vk.
DONEGAL— DONOUGHMORE EXTENSION lilGHT. 65
shares, 2,0007. Interest on debentures payable half-yearly on Ist May and Ist Norember. The 6 and 3 per cent, debenture stocks are a first charge on the main line between Londonderry and Donegal, and, when completed, Donegal to Bally- shannon.
Revkrue. — For hiUf-year «ndod Ist May, 1904, the net receipts sufficed to pay all fixed chargm, dividends at 8 per cent on balance of g^uaranteed stock (the dividend is partly payable out of capital as stated above) 8 per cent, on preferenoe stock, and 1 per cent, on ordinary stock, carrying forward a balance of 9,6617. to next half-year's accounts. The dividend on the ordinary stock for the previous half-year ended November, 1903, was 6 per cent.
Accounts are made up to Ist May and Ist November, and dividends are due about the 10th July and 10th January, respectively.
Total mlletige, 105^ miles; worked by engines, 89| miles. Theextension from Donegal to Killybei^s, 19^ miles, was opened for traffic on 18th August, 1893, and that of 24^ miles from Stranorlar to Olenties on 3rd June, 1896. The extension of the main line from Btrabane to Londonderry was opened on 6th August, 1900. The Donegal to Bally shannon portion is well advanced and should be ready for opening about the end of the year 1904.
For particulars relating to the working, ^c, of the amalgamated companies in the past, flee Mahual for 1892, pages 89, 90, 386, and 887, and previous editions.
DON OUQHMORE EXTENSION LXQHT.
OOMMITTEE OF MANAGEMENT:
Chairman— Sir G. ST. J. COLTHCTRST, Bart., D.L. Blarney Castle, Co. Cork.
B. U. F. Towntend, Esq., J.P., Stoneviow,
Blarney. Thomas B. Healy, Esq.., Donoughmore.
Michael Ahem, Esq., J. P., Blarney. Timothy ]>onovan, Esq., Donoughmore. Eugene McCarthy, Esq., Donoughmore.
OFFICER.— Sec., T. O'Connor, Western Road Tei-minus, Cork.
Resrlstered 6th Juno, 1900, to construct a line Si miles in length, authorised by the Tramways (Ireland) Acts. Authorised capita', 35,000/., in 6/. shares; 30,000/. issued in fully paid sharos with a perpetual guarantee of 4 per cent, interest and 6,000/. in fully paid ordinary shares unguaranteed; the dividend is guaranteed as to on«i-half by the Treasury and as to one-lmlf by portions of the baronies of Dnhallow, East Mnskerry, and Barretts. In the event of the company falling the County Council is bound to maintain and work the line and pay the dividend on the guaranteed shared — the line is worked by the Cork and Muskerry company and is managed by a committee appointed by the County Council of Cork. The accoiuits are made up half-yearly, 3uth June and Slst December, and submitted m August and February; the guaranteed dividend is payable in March and September; the unguurantecd shares have not yet received any dividend. The line is being worked at a los.s, the debit to revenue account at 80th June, 1904, being BIG/.
Voting Potcert.—On^ vote for every share.
Director's Qualification 6 shares.
Tcmnafer form, common ; foe 24. €</.
DORNOCH.
DIRECTORS:
Chairman- DUKE OF SUTHERLAND, Stafford House, St. James', 8.W.
Deputy -Ctiairman—D. M'LEAN, Esq., Dornoch.
C. D. Barrow, Esq.
W. 8. Fraser, Esq., Dornoch.
Rev. D. Grant, The Manse, Dornoch.
OFFICER.— Sec., H. M. Mackay, Dornoch.
Inoorporated in 1898. Authorised capital, 81,000/., includhig loans. Capital i«»aed, 11,368/. in I/, shares fully paid. The Treasury has made a free grant of 14,000/. In aid of construction, and at 30th June, 1908, there were loans amounting to 8,647/.
G. R. Kennedy, Esiq., Links House,
Dornoch. J. Mackintosh, Esq., Dornoch.
56 DOBNOCH — DUBLIN AND KINGSTOWN.
The line, which is 7f miles in length, joins the Highland main line at The Mound (Dornoch being the terminus), and was opened for traffic 2nd June, 1902. It is worked by the Highland railway at actual cost.
Dornoch Station Hotel, opened Ist July, 1904.
Accounts are made up annually to 81st August and meetings held in October. For year ended 81st August, 1903, there was a net debit to revenue account of 2162. after paying interest.
DUBLIN AND KINGSTOWN.
DIRECTORS:
Chairman— JOHN JAMESON, Esq., Bow Street.
Deputy-Chairman— THOMAS P. HOOO, ^sq.. Cope Street, Dublin.
Richard Pim, Esq., Blackroclc. I William Robertson, Esq., Roebuck.
William Hone, Esq., Killiney. | Sir John G. Nutting, Bart., Booterstown.
OFFICERS.— Sec, W. E. Ormsby, LL.D.; Solicitors, Barrington and Son.
Offices— 35, Westland Row, Dublin.
Incorporated by 1 and 2 William IV., cap. 69, for a line from Dublinto Kingstown, open since 17th December, 1834 (6 miles); subsequently an extension of If mile was made, on the atmospheric system, to Dalkey ; altered in 1856 to a locomotive branch. This branch is included in the lease to the Dublin, Wicklow, and Wexford.
The line was leased to the Dublin, Wicklow, and Wexford for 35 years, from 1st July, 1856, with a clause of renewal for a further term of 35 years, at an annual rental of 86,000/., which sum is sufficient for the payment of dividends on the ordinary stock at the rate of about 0^ per cent, per annum, that rate of dividend having been declared up to and inclusive of the half-year ended 31st December, 1901; for the half-year ended 31st August, 1902, the rate was 9 per cent, per annum; for half-year ended 28th February, 1903, 9 per cent.; for each of the three half-years to 31st August, 1904, 8 per cent, per annum. Dividends payable on 1st April and 1st October respectively. This lease was made perpetual by the Dublin, Wicklow, and Wexford Act, 1865, but by the act of 1901 the Dublin, Wicklow, and Wexford were empowered to serve notice of surrender at any time within a year from the passing of the act, the terms of surrender to be nettled by agreement, or, failing agreement, by arbitration. Notice of surrender has been served.
Capital.— 3l8t August, 1904. Receipts: General capital stock, 350,000^; deben- tures outstanding and not bearing interest, 300/. ; debenture stock at 3^ per cent.; 61,000/. ; premium on stock sold, 406/. ; total, 411,706/. Expenditure: 418,553/., balance (debit), 6,847/.
Certificates are required to accompany transfer deed. Registration fee, 1«. per too/. stock, but not exceeding 5<. on any one deed.
No . of Directors— 9 . Qualification , 1,000/.
DUBLIN, WICKLOW, AND WEXFOBD.
DIRECTORS : Chairman— FREDERIC W. PIM, Esq., Lonsdale, Blackrock, Co. Dublin. Deputy-Chairman— JOHN LOUIS SCALLAN, Esq., 25, Suffolk Street, Dublin.
Frank Brooke, Esq., D.L., J.P., Ardeen,
Shillelagh. Henry Givens Burgess, Esq., North Wall,
Dublin. Sir Thomas H. Grattan Esmonde, Bart.,
M.P., Ballynastragh, Gorey, Co.
Wexford.
Sir James Murphy, Bart., Altadore,
Blackrock, Co. Dublin. James Pim, Esq., 2, Belgrave Square,
Monkstown, Co. Dublin. E. K. B. Tighe, Esq., D.L., Woodstock,
Co. Kilkenny.
OFFICERS.— Sec, M. F. Keogh; Gen. Man., A. G. Reid; Traff. Man., John Coghlan; Eng., S. J. Shannon; Loco. Snpt., Richard Cronin; Accountant, J. Neville; Auditors, J. D. O'Connor, Newlands, Bray; and Lucius O. Hntton, Wyckham, Dundrum, Co. Dublin: Cashier, E. Armstrong;- Solicitors, George Keogh and Son, 52, Westland Row, Dublin; Bankers, Bank of Ireland, Dublin.
Oflices— Westland Row Station, Dublin.
DCBLEik, WICKLOW, AXD WEXFOBD. 57
piMialy oMOfrrporftted as the WATUtFOMi>.WEXFOU>,WiCKl.ow,AXDDcBU«,b7 l9BM.'jmtY. ld44.for thecoiistnicti<m of a line from Dundmin, near Dublin, 6Kf«r<i. amd a branch from Kingstown (where it joins the Dublin and Klngs- x«Srkr.f<i»nmn^n junction near Bray with the former or main line. Power* ■vraL^fee frtMB Dundmm to Dublin, w'hich was afterwards pforehased up from dfi&. DxaiJrBm.and B^thfamham : the latter company, by act of Srd July, taci^ Okcrrcd with the Dublin, Wicklow. and Wexford. Sereral acts were mi l>«a.»e«a 1M4 and ISil ; and by act of 24th July. 1851, the undertaking rvesotBrKcte^L the orifrinal capital reduced to Mt.4Mfl.. with borrowing « fir I4tfL4<fi<£. the portioos of the original line bey<»d Wicklow to Wexford raoeBf«r>d Ab«n«ioiicd. and the name of the company changed to the Dublin A idicioBal capital authorised by act of 1857. 3M,000I., was raised !»>«- «i/ock> at 6 per cent. perpetual preferaiee, with borrowing
Pjlxxjaxsxtxxt Fowxxs. — ^A list of acts obtained by this company z>i 1«C^. with sbort heads of the objects for which the rarioiu powers
c will be found on reference to the Maxuai. for 1881. page 78. and 30 ISem to cbe Maxtai. for 1858. page 77.
: Sovtbiera and Western Act of i2nd May. 1890. powers were obtained J tor the pnichase, lease, or working of a portion of this eompuny*s under certain terms, as set forth by the acL
JcxcTTOX.— Of the Dublin. Wicklow, and Wexford (City of sTfi^nue caiMtal) guaranteed stock the full amount of iii,000l. is 191. 'Rasfcock bears interest at 4 per cent, per annum, guaranteed in proportion rna sf UeZf hy the Dublin, Wicklow, and Wexford. City of Dublin Steam kCh- aoxi Gresst Northern (Ireland). There is also paid on unguaranteed dpa bKC) eke full t».0C4if.. on the 4 per cent, preference stock the full C «■£ «B debenture 4 per cent, stock. I J8.S3(V. At 30th June. 1908. th«re iduUt )«::jate on capita] account of L780/. By act of 38th July. 1889. the ^mm^uK^ysk was extended until 38th July. 1891. By act of Srd July. 1891, mamL 5ir cflOBpietioa of works was extended lutil 38th July, 1893. The line iifc iwti a axi^ in length, and was <^>ened on 1st May, 1891.
:4f JK^ Jalv. 19»t, power was granted to raise 35.0001. of debenture stock
(City of Dublin Junction BaUwaya. see act of 1897X of lOO.OOQf. of debenture stock on the genial undertaking.
'9mami.^^ Extension, itc) act of 15to July. 1897. power was granted to coe- :arw Jsuast^ £^| miles in Ics^^. widenings. and other worss; to confer further ;v ^rtcL ?e£4r»aee to tlie general nndertakin? and with reference to the separate aassg v( the Citr of Dnbim Jonction Railways, and for other purpoaea. mm. sMtral- il^.WW. : borrowing powers. IrtS.OOO*. ; also to raise 35,0(«r. of an fcaen to. the separate m dertakin^ (City of Dublin Junction Railways) ■&. ZA tfie Tover granted by act of l^i.
2.MB A3»f Waterford Extension) act of 8th Augu«t, 1897, power a 11 siOBcmcc railways between New Ross and Waterford, in the counties kcurr tsbi ITAtersord. about 14 miles in length. Period for completion, ft Aftnr:>inA: <-ApiyaL SOO.OOtf: borrowing pewtfs, 100,0001, to be a separate . ^aLi»t - Tbe New Roas and Waterford Extension Railway Capital.** The ^ MVBUbd. f>r goods traific on the 15th February, 1904, and for passenger m -ie r:\z. A;ril following. The bj lance of 10Q,000»L guaranteed 4 per cent, if -=!:_« le^arac* ^»pi:al was issued in June, 1903.
jie Fuc^fxard uslA Rosflare Railways and Harbours Act, 1896, power was -sx tae I>xbt.n. Wicklow. and Wexfbrd Company to acquire a joint interest VT% at Waterford.
;t i^ y.ca Jxly. 1900. certain modifications were made with regard to : nptrai ?«av«r>: widenings and other works were sanctioned; powers rr«i ta r«a auaaubasea. and to erert and maintain hotels,
vf iSixri JxLy. 194S. the period for the construction of eertaia works was muL 'Jte 'tarn pnr Miry power to acquire lands was rerired.
discfsioas of the Kingstown and Bray braadi and of the borrowing powers, SSlLOOOl; power to laavay, and determination of lease of that railway.
1
^ DOBSOCH — DUBLDlt ASD KISGSTOW5.
The liii«, which is 7f mile* in length, joins the Highland main line at The Mound {l>oraoeh being the t«ininns), and was opened fmr traffic 2nd Juie, lt02. It is worked bj the Highland railway at actual cost.
Dornoch Station Hotel, opened 1st July, 1904.
Accounts are made ap annnally to Slst Ans'nst and meetings held in October. For year ended Slst Angut, 1903, there was a net debit to rerenne aocowit of SIM. after paying interest.
DUBLDI AHD KIHGSTOWir.
DIRECTORS:
Chairman— JOHN JAMESON, Esq., Bow Street.
Depaty-Chairman— THOMAS P. HOGG, Esq.. Cope Street, Dublin.
Richard Phn, Esq., Blackrocic I William Robertson. Esq., Roebuck.
William Hone, Esq., Killiney. | Sir John G. Nutting, Bart., Booterstown.
OFFICERS.— Sec., W. E. Ormsby, LL.D.; Solicitors, Barrington and Son.
Offices — 35, Westland Row, Dublin.
Incorporated by 1 and 2 William IV., cap. 69, for a line from Dnblinto Kingstown, open since 17th December, 1834 (6 miles); subsequently an extension of If mile was made, on the atmospheric system, to Dalkey ; altered in 1856 to a locomotive branch. This branch is included in the lease to the Dublin, Wicklow, and Wexford.
The line was leased to the Dublin, Wicklow, and Wexford for 35 years, from 1st July, 1856, with a clause of renewal for a further term of 35 years, at an annual rental of 36,000/., which sum is sufficient for the payment of dividends on the ordinary stock at the rate of about 9| per cent, per annum, that rate of dividend having been declared up to and inclusive of the half-year ended 31st December, 1901; for the half-year ended 3l8t August, 1902. the rate was 9 per cent, per annum ; for half-year ended 28th February, 1903, 9 per cent.; for each of the three half-years to 31st Augu>*t. 1904, 8 per cent, p^r annum. Dividends payable on 1st April and 1st October respectively. This lease was made perpetual by the DaUin, Wicklow, and Wexford Act, 1865, but by the act of 1903 the Dublin, Wicklow, and Wexford were empowered to serve notice of surrender at any time within a year from the passing of the act, the terms of surrender to be settled by agreement, or, failing agreement, by arbitration. Notice of surrender has been served.
Capital.— 31st August, 1904. Receipts: General capital stock, 350,000/.; deben- tures outstanding and not bearing interest, 300/. ; debenture stock at 8| per cent.; 61,000/.; premium on stock sold, 406/.; total, 411,706/. Expenditure: ^I8,b59l.^ balance (debit), 6,847/.
Certificates are required to accompany transfer deed. Registration fee. Is. per 100/. stock, but not exceeding 5s. on any one deed.
No . of Director*— 9, Qualification , 1,000/.
DUBLIN, WICKLOW, AND WEXFOBD.
DIRECTORS : Chairman— FREDERIC W. PIM, Esq., Lonsdale, Blackrock, Co. Dublin. Deputy-Chairman— JOHN LOUIS 8CALLAN, Esq., 25, Suffolk Street, Dublin.
Frank Brooke, Esq., D.L., J.P., Ardeen,
Shillelagh. Henry Qivens Burgess, Esq., North Wall,
Dublin. Sir Thomas H. Grattan Esmonde, Bart.,
M.P., Ballynastragh, Gorey, Co.
Wexford.
Sir James Murphy, Bart., Altadore,
Blackrock, Co. Dublin. James Pirn, Esq., 2, Belgrave Square,
Monkstown, Co. Dublin. E. K. B. Tighe, Esq., D.L., Woodstock,
Co. Kilkenny.
OFFICERS.— Sec, M. F. Keogh; Gen. Man., A. G. Reid; Traff. Man^ John Coghlan; Eng., 8. J. Shannon; Loco. Supt., Richard Cronin; Accountant, J. Neville; Auditors, J. D. O'Connor, Newlands, Bray; and Lucius O. Hutton, Wyckham, Dundrum, Co. Dublin: Cashier, E. Armstrong;- Solicitors, Georgo
'eoghand Son, 52, Westland Row, Dublin; Bankers, Bank of Ireland, Dublin.
Offices— Westland Row Station, Dublin.
DUBLES. WICKIjOW, ASD WEXFORD. 59
TRA^TSFER DEPARTITENT.
Certificates are required to accompany T«L ix. V. per JmJ; UMn mUtn than transfer deeds to the Secretary.
deed. Adt amount of stock, not being- part of
■»tock maT be tran»> 1/. steriing^. transferable.
The sagtiatorcs of each registered pro- prietor in the account Is reqoirftd.
^hatf-jnaarlj.iB Fehraaryand An^oat. In Dublin. Accounts made up to Xfac E>«ecniib«r aikii Mch Jane. Transfer books close 14 days before m«etii^».
DUKDALK, HEW&T. AHB 6SEEN0RE.
DIRECTORS:
Ham. Lord RATHMORE. 87. Merrion Square. Dtibllis
and The Oaks. Wimbledon. 3.W.
M& Txrcs Blekenteth. Esq.. Orore The Hon. W. Lowthcr.Lowtber Lodge.
EL K>}aj«;. WacftMrd. ilert«. < Kenslninon Gore, S.W.
ri«5m- Ka;«rc E. C.GnmneK.CJf.G., AlfredFletcher.Esq..Anerton.LiTerp>»I.
i. (^'M-vieibT P'.aee. London. S.W.. Sir W. Q. Ewart. Bart.. Glenmachan, ^cpboiH Green. Dnh'tfn. Strandiown. Belfast.
nea>nLA. R.B<>flawl-mbbenJiunden. H. G. Bungess. Esq^ North WalU Tixfi7<L Bcrta. Dublin.
J. Bisbo^ Easton Station. N. W. : En^.. Thomas Chambers.. fi9n»:v«: A3£c«rv E. WatcrtMus*. S. Frederick's Place. Old Jewry. E. C^ ni fBr E. hmrnrtnee. The Grange. St. Mich.-«ei*8 Hamlet. LlTcrpool : Solicitorf. C. fc i, Aminm%, Eosum Station. X.W.. and R. A. Maerory. Ulster Chambers.
laairjonzed by ac: of !3Stb July. 19$3L as Dunda'k and Greenore. to coti^trcct a irm. ZZ.-& sbefl Iri*h Xorth Western, at Dundalk. to Greenore. Length. 1:^^ mLtta^ ■rj.piial. 1 K*>.<*j#f. in shares and 9fi.9dOI.cn loan.
fv jccs fraoB lf«7 to 1S<9. see Va^rr al for IVH, page 62.
By net -ff 91st JrUy. 1671. the name of company wa* changed to Dundalk. Ncwry. ua'3:««ni:r«. an-i :r reeeiTed power* to make a line 12 niiles in lonzth. corumer.cir:^ ir a .aaMSb;* -visa t^ Albert Ba;»in Exc«nsi<m of Newr>' and Aruiaeh. in Newry. 'ii 1 ^TTiiniaa wiHt the line near Greenore Point. New capi:.tl. 24-).0r>.''. in share* md in. ^4ijL. :s. .o*a. Power was ^ren to the London an J North Western to ■Liser^:«.
3y t»e Liiaiaoa aad North Western (New Lines) Act. H7C. the company «as s» raise Bew capital to the cxunt of ol.MO.'. in shares and 16.S00:.on l^as.
ri*crji. — ^T^e whole of the share capital of 451.0<>C'.ha« been created In shares tf i&. 4*K^: 4eb«rtur« stock at 4 per cent., 133^'JOUi. The receipts and expenditure m !9i9i.ial aeeo«=.t hare been as tinder: —
Expended.
>Ca«r7 ISf . siires .^ Jt3SS.900 Lines open for trafllc £4TT^^!i
L «y 'w.«j.;r seat debenture Working stock 39.©.6
i4K«:4ipcreemt.peranuun 1».M0
^9A«iAKC9 •*••««*••«•••••••• «rE
£417.191 JCa7.1U
m. — In p.ast years the results of the working have shown balances to the
imiiial B«£EW«aaa aeoMiat. The line is worked under arrangep.:ents with the Laaitw. aai !Cor;h Western and Great Northern of IreUnd. The amount due :o^ titt Lamim. ami ^xxh Wesum (14^5301'.) is an outstaaiin^ Itabtaty a^inst future
J*. ^ S>vmMn—9i qworunk, X (imaiiJkatiom.H^ii.
j60 EALING AND SOUTH HABBOW — EASINOWOLD.
DUNDEE SUBURBAN.
DIRECTORS:
Frank Stewart Sandeman, Esq. Charles Stuart Blair, Esq.
Joseph Qrimond, Esq. Peter Cooper, Esq.
James Thomas Harris, Esq.
Incorporated by act of 28th July, 1884, for making two short lines from Dundee to Liff and Benvie. Total length, about 4| miles. Period for completion, 6 years. Traffic arrangements with Caledonian and North British. Capital. 250,000/. in 102. shares, with power to divide into preferred and deferred half-shares; loans, 88,300/.
By act of 26th July, 1889, the period for completion of works was extended until 28th July, 1892.
By act of 1882, the period for the completion of works was extended until 28th July, 1894.
By act of 17th August, 1894, the period for the completion of works was extended until 28th July, 1896.
By act of 7th August, 1896, the period for completion of the railway was extended until 28th July, 189S.
No.of Directort. — Maximum,5; minimum, 8; quorum,8. Qua/</Ica<<on, 40 shares.
EALING AND SOUTH HABROW.
Incorporated by act of 25th August, 1894, for making three lines in the county of Middlesex : No. 1, from a Junction witn the Metropolitan District at Hanger J.<ane, Ealing, and terminating 675 feet in a north-easterly direction from that point, length 1 furlong 0*21 chains: No. 2, from a junction with the Metropolitan District -to the terminating point of No. 1, leng^th 9*70 chains; No. 8, from the termination of Nos. 1 and 2 to near St. Hilda House, Harrow-on-the-Hill, length 4 miles 6 furlongs 9 chains. Period for completion, 5 years. Working agreements with the Metropolitan District. Capital, 120,000/. in lU/. shares, with power to diyide into preferred and deferred half-shares ; loans, 40,000/. Power to pay interest out of capital during construction, at rates not exceeding 8 per cent, per annum.
EASINOWOLD.
DIRECTORS:
Chairman— Sir GEORGE ORBY WOMBWELL, Bart., Newburgh Priory,
Easingwold.
E. B. Hicks, Esq., jun., Easingwold. James Haynes, Esq., Easing^v^old.
J. Horatio Love, Esq., The Hawkhills,
Easingwold. Francis John Haxby Robinson, Esq.,
Easingwold.
OFFICERS.— Sec. and Man., E. B. Hicks, Easingwold; Auditors, W. G. Stephenson, 7, Balmoral Terrace, Darlington, and T. J. Holmes, Long Street, Eaaiiif^ wold ; Solicitors, Robinson and Sons, Easingwold.
Offices — Easingwold.
Incorporated by act of 23rd August, 1887, for authorising the construction of a railway in the North Riding of York. Lcnj^th, about 2^ miles. Opened for trafBe 1st July, 1891. Capital, 12,000/. in 10/. shares, with power to divide into preferred and deferred half-shares; borrowhig powers, 4,000/. By Board of Trade Certificate* 1898, authority was given to create 1,500/. capital and 500/. borrowing powers* bnt have not yet been issued.
Capital.— 80th June, 1903. The amount expended on this account was 18,8Ml4 and receipts were— ordinary shares, 12,000/.; loans, 8,000/.; from revenue, 2,5312.; total, 17,581/.
Revenue. — 80th June, 1908. Net revenue sufficed to pay mortgage interest and 8 per cent, per annum on ordinary shares. The same rate of dividend was paid for the previous half-year.
The report for the year ended 80th June, 1904, had not been published at 16th November, 1904.
No. of Directors. — Maximum, 5; minimum, 3; quorum, 3 and 2. Q,ualificatiw% 20 shares.
EAST LONDON.
61
EAST LONDON.
DIRECTORS :
Chairman— The Hon. ALFRED ERSKINE GATHORNE-HARDY, 77, Cadogan
Square, S.W.
The Right Hon. Lord Avebury, High I CorneHus Surgey, Esq., The Firs, Cran- Elms, Famborougb, Kent. | ford Bridge, near Hounslow.
OFFICERS— Sec, Richard Lacey; Con. Eng., F. Wilton; Auditor, Wm. Pleoder. F.C.A., 4, Lothbury, E.C.; Surveyors and Valuers, Clifton, Son. and» Hope; Solicitors, Wilson, Bristows, and Carpmael, 1, Copthall Buildings, E.C. ;. Bankers, The National Provincial Bank of England Limited.
Offices — Brighton Chambers, Denman Street, S.E.
Incorporated by act of 26th May, 1865, to connect by means of the Thames Tunne) the railways on the north and south of the Thames. Length, 5}| miles. Present capital, 3,240,799/. consolidated and 2,299,466/. debenture stock.
The line was opened from New Cross to Wapping on 6th December, 1869» and from Wapping to the junction with the Great Eastern on 11th April, 1876. In operation, 5i miles.
This linecommencesbyj unctions with theBrighton, South London, South Eastern and Chatham, and North Kent railways, near New Cross, accommodating in its course the Surrey and Commercial Docks, the London Docks, and the East of London ; it is connected with the Metropolitan and Metropolitan District Railways- by a junction near the London Hospital at Whitechapel, and terminates in the city at the great terminal station in Liverpool Street. The line passes through and accommodates the districts of New Cross, Deptford, Rotherhithe, Wapping,. St. GeorgeVin-the-East, Limehouse, Stepney, Whitechapel, Bethnal Green,. Bishopsgate, and Sboredltcb.
A list of Acts, from 1866 to 1879, with short heads showing the objects for which the various powers were obtained, will be found on reference to the Manual for 1881, pa^e 88.
FcsTHEB Pabliamentabt Powbbs. — 1881 — 8th July.— Provisions for pay- ment of the debts of the company by the issue of debenture stock at 3^ per cent., guaranteed under certain conditions by the Brighton and South Eastern and Chatbiam.
1882 — 10th August. — New line at St. Mary's, Whitechapel, in connection with the- Metropolitan and District (City Lines and Extensions) ; abandonment of Bethnal Green Junction; lease to the London, Brighton, and South Coast and other com- panies (see page 62); new capital, 125,000/., in shares or stock, or debenture stock.
1884 — 14th July.— Working and rental of Whitechapel Junction undertaking. Cancellation of agreement with Metropolitan dated 19th July, 1883, «fcc.
By act of 25th June, 1885, the Whitechapel Junction capital was increased to 2iO,000/., and the dividend reduced from 5 to 2i per cent, per annum; powers were also obtained to reduce the number of directors, provided they be not at any time Ie«s than 4. in which case the quorum to be 2.
By act of 8th August, 1887, the company obtained powers for the conversion of their capital ; a prolonged extract of the said act will be found on reference to the Appendix to Manual for 1888, page 554.
Capital. — 80th June, 1904. Consolidated stock created, 3,245,000/.; received 3.240,799/. ; balance unissued, 4,201/. The receipts and expenditure on this account to SOth June, 1903, were detailed as follow: —
Received. | Expended.
Shares and stock £8,240,799
Debenture stock 2,549,466
Prt-minm on debenture stocks 932
Premium on debenture stock
(Whitechapel Extension) ... 11
Sale of surplus property 97,785
£5.888,993
Main line X5,C39,139
Whitechapel Junction 249,586^
Balance
818
£5,888,«93
Dkbljctibb Stocks.— 30th June, 1904. First charge, at 3^ percent., 172,920/.; lecond charge, "A" at 4 per cent., 544,440/., and " B " at 4 per cent., 381,116/,; third charge, at 4 p«r cent., 624,994/.; fourth charge, at 4 per cent., 575,996/.;
62
EAST LONDON — BAST AND WEST JUNCTION.
Whitechapel Extension, 2^ per cenU 250,0002.; total raised by debenture stock, 2,549,466;. The 2nd, 3rd, and 4th charge stocks are non-camnlatiTe until full interest shall have been paid thereon for three consecutive and complete years, after which period. oumalative rights are. to be restored.
For details giving order of priority, terms of issue, Ac, see Appendix to the ■ Manual for 1880, the full text of the consolidation and oonrerslon scheme, nndM act 1877, in the Appendix to the Maxtual for 1889, page 554, and % summary of same in Manual up to 1894, page 81.
Working of thb Undbrtakxng.— The line is worked by the London, Brlghtoai and South Coast, Metropolitan, Metropolitan District, Qrcat Kastem, and SouUi' Eastern and (/hatham companies, at a. minimum of 30,000i. per annum. For tbft: heads of agreement, see Appendix to tho Manuai< for 1882. This agreement came into effect on Ist October, 1884. — For particulars of previous agreements, see Manual for 1898, page 78. ^
RJSVBNUE. *
Gross
Gross
Gross
Year.
Beoeipts from
Year.
Receipts from
Year.
Beoeipts from
all sources.
all sources.
all sources.
1887
43,861
1893
48,708
1899
53,714
1888
44,286
1894
49,155
1900
54,466
1889
45,389
1895
47,989
1901
65,194
1890
4«,537
1696
49^967
1908
65,187
1891
49,178
1897
51,954
1908
56,100
1892
49,484
1898
51,565
In order that tho minimum guaranteed rent of 30,000^. may be augmented, tiie
annual gross receipts must yield 53,571/. When this latter amount has been arrived.' )
at, the receipts, less 44 per cent, for working expenses, belong to the Company. |
For the Iialf-years ended 81st December, 1903, and 30th June 1904, the usual
payments of interest were made at the respective rates of 3j^, 4, and 2^ per cent., 'i
per annum on the debenture stoclcs as follow, viz.:— First debenture, second' «
<jhargo class "A," and Whitechapel Extension. For the year 1903 the second i charge class '*B " stock received 15*. per cent, interest.
Forged Transfers Acts or 1891 and 1892. — ^The company has adopted tlM. %
provisions of these acts, but no charge is made in respect thereof, the directort „
having made other provisions for securing the company against loss. ,
Meetings held in January and July. t
No. of Directors— ^ ; quorum, 2. QuaJificationy 1,000/. consolidated stock. ■
EAST AND WEST JUNCTION.
DIEBGTORS AND HANAGBUS, REGBIVEBS IN CHANCBBY AND JOINT
(OR WOBKlNa) COMMITTEE:
Thomas Hillas Crampton, Esq. Inst.C.E.
Assoc. W. E. Nlcolson Browne, Esq., Chiseldoa, Swindon. F. Rey, Esq.
The affairs of the company are under the supervision of the Court of Chancer^, which has appointed managers and receivers of the undertakng.
OFFICERS.— Sec. and Acct., Charles Hobbs; Qen. Man., W. Merrick; TraflT. Man. and Eng., J. P. Kurke; Solicitors, Merrick and Co., Broad Street Ayennn, E.G.; Bankers, The Metropolitan Bank of England and Wales Limited, StratfOrd- upon-Avon.
Offices — Stratford-upon-Avon.
Incorporated by act of 28rd Juue, 1864, to construct a line from Oreens NortOB^ near Towcester, on the Northampton and Banbury, to Old Stratfoi-d, on the Honey- bourne Branch of the Great Western. Length, 33^ miles, with running powwii over the Northampton and Banbury between Greens Norton and Blisworth,5 mUstt Capital, 300,000Z.in 20{. shares and 100,000/. on loan.
Further Parliamentary Powers.— See the Manual for 1881, page 86.
The line was opened throughout on 1st July, 1873, the section between KlnetOB and the Fenny Compton Station of the Great Western haying been open siiHiA June, 1871.
EAST AND WEST JUNG. — EAST AND WEST YOBKSHIRE UNION. 63
Commencing on 13th April, 1891, this railway has been worked in conjuncr tion with the Stratford-apon-Avoit, Towcester, and Midland Junction (11 miles, which forms a junction with the Midland near Olney) as one railway, by a Joint Committee consisting of the above-mentioned directors of this company and two representatives of the Stratford-upon-Avon Company, and with the above- mentioned officers, upon the basis of the net receipts being divisible between the two companies in proportion to the mileage of their respective railways, subject tu a charge upon the East and West Junction Company's proportion for any deficiency of the Stratford Company's proportion to provide interest at 5/. per cent, per annnm on the debenture stock and shares of that company.
The Joint Committee also work the Evesham, Redditch. and Stratford-upon- Avon Junction Railway, extending from Stratford-upon-Avon to Broom (8 miles), where a junction with the Midland is effected.
By the Great Central new line a fresh access to London is afforded.
See also Stratford-upon-Avon, Towcester, and Midland Junction.
John Stobart Charlesworth, Esq., Milnes House, Wakefield
EAST AND WEST 70BKSHIRE UNION.
DIRECTORS: Chairman— CHARLES ERNEST CHARLESWORTH, Esq., J.P.,
Owston Hall, Doncaster.
Managing Director— SEBASTIAN WILLIAM MEYER, Esq., Brackenhill, York.
William Hargreaves, Esq., Mount
Pleasant, Rothwell, Leeds. Zechariah Tewdall, Calverley, Leeds. OFFICERS, — Secretary and Qoods Manager, W. H. Wilson ; General Manager, I. DiUaiuore ; Auditors, Hemingway Whitfield. C. A., and Myles Lee, C. A.*, Solicitor, Ben Day, Leeds; Bankers, York City and County Banking Company Limited, Leeds.
Offices — Rothwell, Leeds.
Incorporated by act of 2nd August, 1888, for making five railways, from Loft- house and East Ardsley, through Hothwcll, to Leeds, and from Rothwell to Drax. Tot.ll length, about 30 miles.
FoT list of acts from 1886 to 1894, and the pui-poses for which they were obtained, see the MAsrAL for 1904, page 66.
B V act of 1896 the company acquired the undertaking of the South Leeds Junction Railway Company, and the following additional capital was created: — Debenture stock, 10,000/.; preference stock, 30,000/.; ordinary stock, 17,000/.
By the East and West Yorkshire Union Light Railway Order 1896, the company wa«r authorised to construct a light railway from Itobin Hood to Royds Green, ahd to rfti*e additional capital amounting to 20,000/., with borrowing powers of 6,600/. for the purpose; length, 2 miles.
By the East and West Yorkshire Union Railway Certificate, 1899, the company was authorised to raise additional capital amounting to 36,000/., with borrowing powers of 12.000/.
By the Light Railway Order of 1901, the company was authorised to construct a light railway from Stourton to Hunslet, length about 1 mile, and to open their existing lines for passenger traffic under the Light Railways Act. Additional capital — Authorised preference, 30,000/.; debenture, 10,000/.
Mileage. — Authonsed: 10 miles 30 chains. In operation, 9 miles 8 chains.
Capital.- 30th June, 1904. Receipts from ordinary capital (117,000/.), 116,434^; preference stock at 4 percent. (131,000/.), 130,900/.; debenture stock at 3f per cent., s»5.'#41/.; premiums, 6,014/. ; total, 339,949/. Amount expended, 341,499/.
Revexue. — The gross receipts for the half-year ended 30th June, 1904, amounted to 11.372/.. and the working expenses to 8,398/. After payment of the fixed charges lUfe ii4lance was 341/., which was carried forward.
DiviDKXDS. — For each of four half-years to 30th June, 1898, inclusive, the ordinary ►lock dividend was at the rate of 4 per cent, per annum; 3lst December, 1898, uil; SOth June, 1894, 2} per cent, per annum; 31st December, 1894, and 30th June,
64 EAST AND WEST YOBKSHIBE UNION.
1895,3 per cent, per annnni respectively; 81st December, 189-5, 8| per cent, per annum: four half-years ended 81 st December, 1897, 8 per cent, per annum; and six half-years ended 8l8t December, 1900, 4 per cent, per annum; June half, 1901, 2| per cent, per annum ; December half, 1901, 3| per cent, per annum ; June and December half, 1902, and June and December half, 1908, 3 per cent, per annum. The balance arailable at 30th June 1904, was insufficient to allow of any diridend on the ordinary. The directors attribute the fall in net revenue to the ** heavy decrease In mineral traffic, the disappointing result of the passenger service," and to heavy locomotive renewals charged against revenue.
No. of Mreetors. — ^Maximum, 9; minimum, 5; quorum, 5 and 3. Qualification ^ 50 shares.
EA8T0H AND CHUBCH HOPE (POBTLAND).
DIRECTORS :
Colonel W. J. Alt, C.B., 14, Queen Victoria Street, E.C.
George Sharp, Esq., Lindens, Enfield. Henry Raincock, Esq., 4, TolLenhouse Buildings, E.C.
OFFICERS, — Sec, Arthur Lemon, F.I.S4 Eiigs., Livesey, Son, A Henderson, Broad Street Avenue, E.C; Auditors, Percy H, Ashworth and Thomas J.Felghery ; Solicitor, E. Warwick Williams, 11 King William Street, E.C^ Bankers, Williams Deacon's Limited, 20, Birchin Lane, E.C., and Branches, and the Wilts and Dorset Banking Company Limited, Weymouth, and Branches.
Offices— 14, Queen Victoria Street, E.C.
Incorporated 25th July, 1867, to construct a railway from Easton, in the Isle of Portland, to Church Hope Cove, with a pier in connection therewith. Length, 1| miles. Original capital, 30,000/. in 20/. shares and 10,000/. on loan, which may be converted into debenture stock.
By act of 14th August, 1884, branch railways in the parish of Portland were authorised. Length, about Z\ miles. New capital, 50,000/.; loans, 16,600/.
By act of 23rd August, 1887. powers were given for various improvements, including the abandonment of certain portions of their undertaking, the construction of new railways, and other purposes. New capital, 40,000/.; loans, 13,300/.
By act of 25th July, 1890, certain powers were revived, and the periods for purchase of lands and completion of so much of the railways authorised by the Portland Extension Act, 1884, as was not abandoned under act of 1887, were extended until 25th July, 1891, and 23rd August, 1892, respectively.
Capital. — By the 1892 act the company's capital was revised, and again altered under act of 1897.
By act of 15th July, 1897, tlie then existing firftt and second preference shares were cancelled as from 1st June, 1897, and power was given to issue new preference stock to the amount of 59,900/., carrying dividend at 5 per cent, per annum, each holder of the then existing first and second preference shares to receive same amount of preference stock as the then existing first or second preference held by him, and the balance of the preference stock may be issued by the company on such terms and conditions as the directors may think fit.
In August, 1897, a prospectus was issued, offering, under powers of the company*8 act of 1892, 70,000/. 4^ per cent, perpetual debenture stock at 107 per cent., and the issue and sale of 56,700/. 5 per cent, preference stock at 105 per cent. The whole of the debenture stock was subscribed for at the price named, and there has been issued of the 5 per cent, preference stock 59,900/.
For particulars respecting the capital prior to 1897, see the Makual for 1904, page 67.
By act of 1896, the time for completing the railways was extended until 2Srd August, 1898.
By act of 2nd August, 1898, the time for completing the railways was extended until 23rd August, 1900.
From a Junction with the Admiralty Railway at Chiswell to Easton and Refome, in the Isle of Portland, in the county of Dorset, the company has running powers over the Admiralty line (5 furlongs), which forms a junction with the Wesrmoutb and Portland at Portland Station. Authorised mileage, 4 miles 4 fuiiongs 8 chains.
EA8T0N AND CHURCH HOPE (PORTLAND). 65
The line was opened for goods traffic on Ist October, 1900, and for passengers on Ist September, 1902. Under an agreement, dated 5th August, 1897, the line is worked jointly by the Great Western and London and South Western, the terms being the payment oat of the gross receipts of 2s. 6cl. per train-mile run.
Accounts made op half-yearly to 80th June and 31st December. Capital expen- ditore, 162,188/.
Ifo.of Directors — 5 ; minimum, 8; quorum, 8 and 2. Qua/(/fca/t<m,2002. in shares.
EDINBTTBGH AND BATHGATE.
DIRECTORS:
Chairman— KEITH RAMSAY MAITLAND, Esq., W.S., 5, Thistle Street,
Edinburgh.
Robert K. Simpson, Esq., W.S., 10, I Thomas Hutchison, Esq., 25, Royal Albyn Place, Edinburgh. | Terrace, Edinburgh.
OFFICERS.— Sec, Fred. W. Carter, C.A.; Auditors David Pearson, C.A., and J. Hamilton Buchanan, C.A., Edinburgh; Solicitors, Waddell and Mcintosh W.S., Edinburgh.
Offices — 5, St. Andrew Square, Edinburgh.
Incorporated by act of 8rd August, 1846, and amended by subsequent acts, for a line from the Edinburgh and Glasgow (now the North British), near Ratho Station, to Bathgate. Capital, 250,000/. in stock. In operation, 10^ miles. Leased to North British for 982 years from 31st January, 1869, at 12,500/. per annum, which yields a dividend of 5 per cent, per annum on the company's stock. It provides that, in lieu of the rents formerly paid to the Bathgate, the North British, as from Slst January, 1869, and during the currency of the lease, pay the clear yearly rent of 12,500/., such rent having the same security, lien, and priority as provided for in regard to the former rents.
The last two half-yearly dividends, at 5 per cent, per annum (as above), were made payable in February and August last respectively.
SuABE Capital.— Authorised 250,000/. All issued. Consolidated stock (250,000/., viz., 247,028/. held by the public and 2,972/. by the company).
Revektb. — The revenue for the half-year ended 31st July, 1904, was 12,394/., against 12,250/. for the corresponding period of the previous year, and the expen- diture was 6,029/., against 5,927/., leaving an available balance of 6,365/., against 6,322/.
The accounts are made up to 31st January and 31st July, and meetings held in Edinburgh in February and August.
EVESHAM, REDDITCH. AND STRATFORD-UPON-AVON
JUNCTION. DIRECTORS:
•M. Meredith Brown, Esq. M. G. Buchanan, Esq.
Sir W. Pollitt, Femlea, Altrinchara,
Cheshire. ♦S. WlUcox, Esq.
* Receivers and Managers appointed by the Supreme Court.
OFFICERS.- Eng., J. F. Burke, Stratford-upon-Avon ; Solicitors, Merrick and Co.. Broad Street Avenue, E.C.
Secretary's Office— Broad Street Avenue, E.C.
Incorporated by act of 5th August, 1878, for making a line to connect the Evesham and Redditch (now vested in the Midland) with the East and West Junction. Leng^th. 7f miles, with running powers (61 miles 76 furlongs) over the Midland to Ereiham and Redditch, and over the East and West Junction. Capital, 90,000/. iD 9.000 preference half-shares of 5/. each, 9,000 deferred half-shares of 5/. each, and 30.000/. on loan.
By a Certificate of the Board of Trade, dated 2 1st March, 1878, the company was empowered to construct a deviation railway (2 miles 7 furlongs and 5*6 chains) frtjm Binton to Old StratCord, in substitution of a portion of the railway No. 1, authorised by the act of 187S.
F
66 EVESHAM, BBDDrrCH, AlffD STBATFOBD^ UPON- AVON JX7NCTI0N.
By act of 6th Au^st, 1885, the eompany w*8 authorised to issue new debenture stock, to rank after the exlstinj^ debeuturea, to the amount x>f .20,000/., of which there have been issued 10,9002.
AoRKBHirarT. — The railway was, wider an -a?reem«rt scheduled to the act of 1678, ■ worked, stocked, and naiatained by thefiastand W4»8t .J unction atSOyeroent. of the gross receipts. This agreement has expired by effluxion of time, and the line is being worked temporarily, and pending definitive arrangements, by the joint committee of the East and west Junction and Stratford-upon-Avon, Tow- cester, and Midland Junction companies.— See also the East and West Junction and Stratford-upon-Avon, Towoestor, and Midland Junction companies.
The line was completed and opened for traffic by the East and West Junction as a part of their s^'stem on 2nd June, 18T9.
The affairs of the company are under the supervision of the Supreme Court (who have appointed certain of the directors receivers and managers of the under- taking). Interest on the loan capital has not been paid for many yean past.
No. of Directors. — Maximum, 6; minimum, 3; quorum, 3 and 2. Qualijkation, 50 half-shares.
Vincent W. Yorke, Esq., Farrlngdon Works, E.C.
EXETER.
(late bxetkb, tbign vallbt, aho chaavobd.)
DIRECTORS:
Chairman— The Hon. C. M. KNATCHBULL-HUGESSEN, 48, Norfolk Square,
Hyde Park, W.
Walter Pring, Esq., J. P., Northlands,
Exeter. G. F. S. Wame, Esq., 29, Gresham Street,
E.C.
OFFICERS.— Sec, Frank Faulkner; Con. Eng., R. Elliott-Cooper, M.I.C.E., 8, The Sanctuary. Westminster, S. W.; Eng., Frederick Bluett, A.M.I.C.E., £x«ter; Auditors, W. P. Campbell-Everden, F.f/.A., and Robert Warner, F;C.A.; {34>licitort, Mayo <fe Co., 10, Draper's Gardens, E.C.
Offices — 68, Queen Victoria Street, E.C.
Incorporated by act of 20th August, 1883, for the construction and mainteuanoe of railways from St. Thomas, through Doddescombsleigh, to Chagford. Len^rth, about 18 miles. Period for completion, 5 years. Great Western to work the line in perpetuity, at 50 per cent, of the gross receipts. Capital, "240,000?. in 2W. shares, with power to divide into preferred and deferred half-shares; loans, &c., 80,000i. ■
By act of 5th August, 1891, the powers were revived, and the period for completion of works extended to 20th August, 1894.
By act of 17th Aut^ust, 1894, the period for completion of works was further extended until 20th August, 1897; also power was granted to raise additional capital to the extent of 24,000/. in shares of 10/. each, with power to divide into preferred and deferred lialf -shares ; loans, &c., 8,000^
By act of 12th August, 1898, power was grranted to construct deviation lines; powers were revived, and the period for completion of railways extended to 20th August, 1901; abandonment of portion of authorised lines, viz. from Doddea* combsleigh to Chagford; reduction of capital to 198,000?. and loans to 66,0001.; change of name; and other purposes.
By act of 80th June, 1903, pow«r was given to acquire additional lands ; to rvflwe and further extend the time for completion of authorised railways ; power to rail* 100,000?. additional debenture stock ; and lor other purposes.
The line constructed by the Exeter Railway company from Exeter to a janction with the Teigri Valley line at Ashton, was opened for traffic on 1st July, 1908, and is bcint; worked by this company in accordance with the terms of the agreement entered into at the time the line, was authorised.
yo. of Directors.— MRximum, 6; minimum, 3; quorum, 3 and 2. Quali,fieaUomy 40 shares.
FISHGUAiO) ASB BOSSI<ABB BAHiWAYS AND HABBOUBS.
67
FBBTmiOO.
DIRECTORS:
ChAinnan— R. N. THOMPSON, £«|., KindlestowD, Del^any, Ireland.
Joha W. Elliott, B«|., 6, Manor Road,
Forest HilL 8.E. RcT. 6. A. W. Hoddart, KirUincrton
Rectory, Bedale, Torks.
H. A. Cowper, Esq., 99, Fitawilliam
Place, Dnblin. J. Elliott, Esq., 5, Manor Road, Forest
Hill, S.E.
OFFICERS.— S«e.,EBg., and Gen. Man., J. 8. Hashes; Traff. Man., P. G. Crick; LaeoL Smpt^ W. WUIiaais; Aaditors, C. B. Robinson and W. B. Peat; Solicitors, Sandilands A Co., F«nchorch A-ranoe. Fenehnreh Street, E.C., and Jones and J'oea, Portmadoc; Bankers, National Provincial Bank of Engiaad ijmited, Portmadoc.
Ofllces — Portmadoc Ori^nally incorporated in 16%f, to construct a railway or trauiroad f rom Port- oudoc to certain slate qoarries, near Festiniog, in the counties of Merioneth and Carnarvon. Gau^e, 1 foot 11| inches. By act of 26th July, 1869, tb« company was reincorporated, and authorised to widen and improve the railway, to constroct a'iiitional works and two branch junction lines about threef urlongs in len^h. The share capital was fixed at M,186/., and the borrowing powers at 12,000/. New ahare capital was, however, authorised to the extent of 90,000/., and farther borrowing powers of 30.000/. conferred. Of the new capital, 43.000/. has been issued in 5 per cent, preference shares, and 10,000/. in 4| per cent, preference shares.
In operation, 14^ miles.
Capital. — ^Tlie receipts on this account to 30th June, 1904 (including 900/. from special reserve account and dOO/. premium on 200 preference shares), amounted to 1^4.5^5/.. and the expenditure to 157,SS4/., showing a debit balance of 2.799/. The receipts are given in farther detail below: —
Ordinary stock ^. £86.186
Preference shares at 5 per cent. 43,000
Preference slMires at 4| peroeat. » .....^.m.. 10.000
Debenture stock at 4^ per cent » »...•• 12,000
r>ebentare stock at 4 per cent 2,000
Special reserve account „ 1,000
RcvKics. — Half-year ended 30th June, 1904. The net earnings, after providing far rcnta, dcbentarc interest, and preference charges, sufficed for the payment of a dividend of 1 per cent, per annum on the ordinary stock, leaving 773/. to be carried forward. For the half-year ended 3Ut December, 1903, 2^ per cent, per ^nnum was paid on the ordinary' stock, and 816/. carried forward.
Meetings held in London in February, and Company's Offices, Portmadoc, in Aagust.
Jo. of Directors — 5 ; minimum, 3; quorum, 3 and 2. Qualification^ 500/.
FISHGUARD AND BOSSLA&E RAILWAYS AND HA&BOUBS.
(latk fishguakd bat railway and pier.) DIRECTORS :
Chairman— The Earl CAWDOU (Chairman of the Great Western Railway
CompanyX Stackpole Court, Pembroke.
Deputy-Chairman— WILLIAM J. GOULDIMG, Esq. (Chairman of the Great S<>athem and Western Railway Company), Millicent, Saliins, County Kildare.
The Earl of Cork and Orrery, 40, Cliarles David Maclver, Esq., M.P., 16, Brans- Street. Berkeley Square, S, W. , wick Street, Liverpool.
Robert F. S. Colvill, Esq., Coolock House, Walter Robinson, Esq., Maydeld, .Arcane, County Dublin. \ Meopham, Kent.
George Jameson, Esq., Bow Street Distillery. Dublin. OFFICEBS— Sec.. G. J. Whitelaw, Paddington Station, W.; Solicitors, R. R.
Keisonand Croker Barrington; Bankers, Glyn, .Mills, Currie, ^fc Co.
Incorporated by act of 29th June, 1893. for the construction of a railway about I mile in length, with a pier, breakwater, and embankment at Fishguard Bay, in ♦Jie coumy of Pembroke. Period for completion, 5 years. Capital, 120,0002. in 10/.
68 FISHGUABD AKD BOSSI/ABB BAILWAY^ AND HABBOUBS.
shares, with powers to divide into preferred and deferred half-shares, and to pay interest oat of capital darinjir construction, at rates not exceeding S per cent, per annum. Borrowing powers, 40,000/.
By act of Slst July, 1894, the Waterford and Wexford Raflway and the Rosslare Harbour Commissioners were vested in this company, and the name changed from *' Fishguard Bay Railway and Pier'' to the above title; power to raise additional capital of 60,000/., and to borrow 20,jOOO/. in loans or debenture stock.
By act of 80th May, 1895, the company was authorised to provide and use steam and other vessels, to raise additional capital of 50,000/., and to borrow 12,500/. on loans or debenture stock. The company was reconstituted in 1898 and the contro> vested in the Qreat Western and the Great Southern and Western of Ireland.
By act of 12th August, 1898, the company was empowered to construct 87 miles of line between Rosslare and Waterford, and tlie Qreat Western and Great Southern and Western companies were authorised to subscribe 250,000/. each towards the Fishguard undertaking. The company was also empowered to acquire the undertaking of the Waterford, Dungarvan, and Lismore.
By the same act the Board is composed of four directors of the Great Western and three of the Great Southern and Western.
By this Compaay's act of 1898, power was obtained to pay interest oat of capital during construction at rates not exceeding 8 per cent., the aggregate amount not to exceed 37,500/.
By act of 1st August, 1899, the company was empowered to construct additional harbour works at Fishguard, and a new railway, 22 miles 1 furlong 3 chains in length (to be called the Cork and Fermoy Railway), in lieu of their authorised Corkand Fermoy railway, and to authorise the Great Western and Great Southern and Western companies to subscribe and guarantee the capital of the said company, and for other purposes. Period for completion of works, 7 years; for completion of railway and compulsory purchase of lands, 5 years. Capital, for the purposes of this act and for general purposes, 1,000,000/.; for providing steam vessels authorised under act of 1895, 260,000/. Borrowing powers, 500,000/. Power to pay interest out of capital during construction at rates not exceeding 8 per cent, per annum, the aggregate amount not to exceed 182,000/.
By act of 21st July, 1908, power was given for the construction of a railway (about 1 mile 1 furlong) and other works and the acquisition of lands; abandon railway authorised by act of 1898; extension of time for completion of Waterford and Rosslare railways ; to make provision as to a bridge over river Suir at Water- ford ; to empower the Great Western and Great Southern and Western Companies to guarantee interest on the capital of the company; and for other purposes.
Fkrmot and Lishobe. — Incorporated by act of 24Lth June, 1869. Vested in the Fishguard and Rosslare Company under act of 1898. — For past particulars, see Manual for 1899, page 74.
In pursuance of the powers authorised by the Acts of 1898, 1899, and 1903, the directors issued in March, 1904, 750,000/. of guaranteed preference stock, the whole of which was subscribed. The following extracts are from the prospectus : —
'*The interest upon both the loan and share capital of the company is a first charge, not only upon the gross receipts of the line, but also upon the gross receipts of both the Great Western and Qreat Southern Companies in respect of traffic carried to, frcm, or over the line.
** The Fishguard Company and the guaranteeing companies have, under the Act of 1908, agreed that the guaranteed preference stock from the date of opening of tlie line shall carry interest at 3/. 10«. per cent, per annum in perpetuity.
** The said interest at 3| per cent, per annum is gnaranteed in perpetuity by the Qreat Western Railway Company of England and the Qreat Southern and Western Railway Company of Ireland.
'^ Under the before-mentioned Acts the company is authorised to apply the sum of 169,500/. in payment ot interest at 8 per cent, per annum during construction, and the guaranteeing companies have agreed that their right to the payment of interest during that peiiod on the ordinary stock of the company held by them shall be postponed to the payment during construction of interest at 8 per cent, per annum upon the guaranteed preference stock. The interest upon the guaranteed preference stock during this period will not, it is- estimated, amount to more than 50,000/."
"FORTH BRIDGE. 69
TORTH BRIDGE.
DIRECTORS :
Chairman— GEORGE BRADLEY WIELAND, Esq., Edinburgh.
Oepnty-Cbairman— SIR ERNEST PAGET, Bart., Sutton Bonington,
Loughborough.
Lesley C. Probyn, Esq., 79, Onslow
Square, S.W. Henry Grierson, Esq., Craigend Park,
Libertoii, Midlothian.
Henry Tennant, Esq., Holgate Hill
Hou«e, York. Robert Andrew Allison, Esq., Scaleby
Hall, Carlisle. The Right Hon. Lord Allcrton, Allerton
Hall, Chapel Allerton, Leeds.
OFFICERS.— Sec, John Martin; Eng., Sir Benjamin Baker, M.Inst.C.E., Queen's Square Place, Westminster. S.W.; Auditors, R, C Mackencte and Ja«. Herbert Wilson; Solic-ltors, Millar, Robson, and MacLeau.
Offices— 23, Waterloo Place, Edinburgh.
Iucorporat«<l by act of 6th August, 1873, to construct a line from near Dalmeny, on the Queensferry Branch of the North British, to Inverkcithing and Burntisland. Total length, 14f miles. Capital, 1,250,000/. in 10/. shares and 416,666^. on loan.
By act of 12th July, 1882, the company was authorised, in substitution for the railway No. 1, of the act of 1873, to make a railway 4 miles 2 furlongs in length, from the Queensferry Branch of the North British, in the parish of Dalmeny, to the Damfenuline and Queensferry Branch, in the parish of Lnverkeithlng, and crossing the Firth of Forth by means of a bridge; the works to be completed within 5 years from the passing of the act. The structure of the bridge to be maintained by the Forth Bridge, and the railway to be worked and maintained by the North British. The railway No. 2, from lnverkeithlng to Burntisland, of the act of 1873, is trans- ferred to the North British, and the capital under that act is accordingly reduced by 134,000/. New capital:— Shares, 634,000/.; loans, 211,333/. The directors to be 10, two being appointed by each of the North British, Great Northern, North Eastern, Midland, and Forth Bridge companies. In lieu of the conditional guarantee under the previous act«, an absolute and perpetual guarantee of 4 per cent, per annum U provided for as from 30th June, 1882, the four companies being liable therefor in the followiti^' proportions:— North British, 30 per cent.; Midland, 32J per cent.; Great Northern and North Eastern, 18f per cent, each; but if the North British •hall ai any time hereafter for four consecutWe years pay a dividend on their ordinary stock equal to an average rate of 5 per cunt, per annum, then they shall thereafter relieve the North Eastern, Great Northern, and Midland companies of one-half of their respective guarantees. In consideration of this guarantee the four companies to receive the net revenue of the railway from all sources, and to apply it thus: — (1^ In repayment to tlte four companies of all guarantee moneys, with 6 per cent. Interest thereon, which may be paid by them (after the interest fund has been exhausted) prior to the opening of the railway ; (2) in repayment to the North Eastern. Great Northern, and Midland companies rateably of all guarantee moneys vbich may be paid by them after the opening of the railway, and (3) the balance to belong to the North British.
Kunning powers are given to the gnaranteeiiig companies mentioned below, in accordance with the terms of sections 6 and 7 of the act of 17th June, 1878.
WoKKiKO Arranorments WITH THR NoRTH BRITISH. — The act of 1882 provides that the North British shall, from ami after the opening of the railway, work and maintain the line in perpetuity, in the same manner and with the same powers and oUijratioM; as If the railway formed part of the North British system. The North British to pay over to the compajiy the mileage proportion of receipts, provided that if the net aniount of such proportion shall not amount to 40,000/. the North British thall make up the deficiency, that is to say, the North British shall guarantee an income of 40,000/. per annum whilst the bridge is available for traffic, and if the tr.\ffic be suspended in any year, then at the rate of 40,000/. per annum for such pertoti as it may have been available for traffic. The terminals to be deducted *>«fore a«icertaming the proportion of traffic shall not be those usually allowed by the Railway Clearing House, but at such lesser rates as may either be agreed upon or settled under Arbitration Act, 1859.
GfARAWTKR.— The North British. Midland, North Eastern, and Great Northern Companies, the drst named working the line, and the other three havinor running I»vwer« (as above). Jointly and severally guarantee in perpetuity, as from 30th
70 FORTH BEIDGE— FORTH AND CLYDE JUNCTION.
June, 1882, interest or dividend on tlie nominal share capital of the company at present issued as from time to time called up at tiie rate of 4 per cent, per annum, payable half-yearly, in the proportions above mentioned; the four com- panies also guarantee* in per|>etuity, and in the same propoi'tion, all interest or dividend which may become payable on the nominal amount of the mortgages or debenture stook from time to time is»ued, and of any additionRl share or loan capital which may, with the consent of the four companies, he hereafter raised or issued by the company under the authority of Parliament for completlngtherail way.
By act of 16th April, 1886, the time for completion was extended until 12th July 1890.
By act ot 28th June, 1888, the company was empowered to raise additional capital, viz.: — 87fi,000/. in shares or stock and 125.000/. on loan, and the provisions of the act of 1882, as to guarantees, «fec., were extended to this newly authorised capital.
By act of 9th June, 1890, the company was empowered to raise additional capital, viz.: — 200,000/. in shares or stock and 66,666/. on loan, and the provisions of the act of 1882, as to guarantees, &c., were extended to this newly authorised capital.
The bridge was opened by His Majesty the King, then Prince of Wales, on 4th March, 1890.
Capital. — ^The capital created is 2,325,000/. In stock, of which the whole amount had been received at 30th June, 1904; debenture stock created, 774,999/.; received 723,833/.; premium received, 150,000/.; interest, 14,186/.; rents, 528/.; total, 3,213,047/. Expenditure, 3,367,032/.; debit balance, 153,985/.
Meetings held in January or February and July or August.
Xo. of Director*.— Maximum, 10; quorum, 5. Qualification^ 200/.
FORTH AND CLYDE JITNCTION.
DIRECTORS :
Chairman— 1 ALEXANDER WILSON, Esq., Daunockburn.
Deputy-Chairman— 3 JOHN ANDERSON, jun., Esq., Atlantic Mills, Brldgeton,
Gla.sgow.
2 WiUlam Galbralth, Esq., W.S., Edin-
burgh.
3 William Taylor, Esq., 168, West George
Street, Glasgow.
1 George Sherriff, Esq., of CarronralOr Larbert.
2 Henry Grierson, Esq., Glasgow. 2 Alex. B. Kirkpatrlck, Esq., 88, St.
Vincent Street, Glasgow.
1, Retire in 1905; 2, in 1906; 3, in 1907.
OFFICERS.— Sec., James Hutton, C.A.; Auditors, John G. Curror, Writer, Stirling, and William McMillan, C. A., Glasgow ; Solicitors, Mathie, MacLuckie, and Lupton, Writers, Stirling.
Offices^aos, West George Street, Glasgow.
Incorporated by act of 4th August, 1858, for a railway from Stirling (junction with the Scottish Central) to Alexandria (junction with the Caledonian and Dumbarton- shire), near* Ballochi foot of Loch Lomond. The line connects the east and west of Scotland and the Rivers Forth and Clyde by the shortest possible route. Length, about 304 miles.
The line was leased to the North British for 50 years, from 1st August, 1875. Dividend on the ordinary stock:— 6 per cent, for the tlrst year, 6 jf per cent, for second year, and 7 per cent, third year ; rising pari pa§su with the dividend of the Nt>rth British ordinary stock after the latter roaches tliat point.
CApitAL. —The capital is as follows: —
5 per cent, second pi*eference shares £21,000
Less converted into 6 percent 16,480 ss £4,520
6 per cent, second preference shares 16,480
5 per cent, first preference stock 64,000
Consolidated stock „ 10K.390
4 per cent, debenture stock 61,595
Premium on debenture stock and forfeited calls 1.606
£254,591
FORTH AND CLYDE JUNCTION. 71
Revknuk. — The net amount received from the North British for the half-year ended 80th June, 1904, was 7,581/., and after payment of general charges, debenture interests, and preference dividend, there was a balance available ot 4,19'dZ.
DiviDEKDS— The last two half-yearly dividends (at 7 per cent, per annum) were declared on 23jrd February and 23rd Auguat, 1004, and made payable on 8th March and 6th September, 1904, respectively.
Meetinga balffyearly (at Stirling) in August or Septamber and February- or March.
Ho. of Directors — 9; quorum, 4; committee of directors, 8 to 6; quorum, the majority. Qua/t/fca^ton, 50 shares.
FRESHWATER, TARMOUTH. AMD NEWPORT (ISLE OE WIGHT).
DIRECTORS:
Cnmlrman— RICHARD WILLIAM EVELYN MIDDLETON, Esq., 74, St. George's
Square, Pimlico, S.W.
Philip George Collins^ Esq., 6, Bedford
Row, W.C. Arthur Edgeurabe Baker; Esq., St.
Walter Percy Norton, Esq., 57^ Old
Broad Street, E.C. Frank. Gerard Aman, Esq., i% Fiasbury
Pavement, E.C.
Stephen's, St. Albans, Hert&
OFFICERS.— Sec., 8. Peck; Permanent Way Inspeoton G. Drower; Auditorak, G. H. Sawyer, 7a, Laurence Pountney Hill, Cannon Street, E.C, and W. G. Ray- ner. 10, Arthur otreei West, London Bridge, E.G.; Solicitor, G. D. Perks, Hamilton House. Victoria Embankment, E.C; Bankers,. National Provincial Bank of Engr lind Limited, 112, Blshopsgate Street, E.C, and Newport, Isle of Wight.
OiVees— Hamilton House, Victoria Eimbankment. E.C.
Incorporated by act of 2Sth Augmt, 1880, for the construction and maintenance of a railway from Freshwater to a junction with the Cowes and Newport (now Isle of Wight Central), at Newport. Length, about 12 miles.
The loan capital authorised CMisists of 35,000/. 8^ per cent, pre-debenture stuck under act of 1896, of which 20,000/. has been issued; 47,800/. 5 per cent, debenture stock under acts of 1880 and 1883, and such nominal amount as may be necessary to produce the sum of 20,000/. " B' debenture stock (ranking after the afx»ve 4«',300/.). Uf lhe"B" debenture stock 24,077/. has been raised, producing
A working agreement has been entered into with the Isle of Wight Central for 14 years.
Line opened 20th July, 1889.
Capital. — 80th June, 1904. Receipts: —
f>rdlfMiry shares 000,000). act 1880 ....£92,081
Preference shares, act 1888 42,000
5 per c«it debenture stock, 1880 and 1883 47,300
5 per cent. '' B " debeutnre stock, 1891 24,077
^ per cent. preKlebentnre stock, 1896 20,000
Cancelled shares 1,467
Total £226,925
Amount expended, 215,453/.
KtnsrE.— The total receipts for the half-year ended 30th June, 1904, were 8,851/. and the expenditure 8,S58/. (1,698/. being the proportion to Isle of Wight Central fur working line). The balance available was 493/. out of which the interest accrued on the ^ per cent, debenture slock (1896)