Railway Amalgamation Plans Across Exeter Exmouth Thames Valley
Directors propose to seek authority on the 19th for amalgamation of Exeter and Exmouth with Thames Valley railways and to use metropolitan lines from London Chatham and Dover. They outline share exchanges, debentures, and cash settlements with the South Western Company and specify running powers and sidings at Ludgate with rates and profits sharing. The Thames Valley line opened Nov 1 and will be operated in perpetuity by the South Western Company under agreed terms.
MENTIONED IN THIS ARTICLE
Exeter
Exmouth
Thames Valley
London, Chatham, and Dover
South-Western Company
Kingston
Twickenham
Shepperton
Thames Valley Company
Clapham
Knight’shill
Ludgate Hill
London, Chatham, and Dover Company
Ludgate
Hernehill
Ludgate Station
Knight’s Hill
Long-hedge
Dover Company
Luigate Hill
Namur and Liege Railway Company seeks gradual share redemption
Directors present a proposed plan to redeem original Namur to Liege railway shares gradually. The scheme uses a redemption fund funded by dividend allocations, with annual lot drawing to select shares for redemption, aiming to boost value while maintaining revenue.
Directors propose 34d dividend redemption plan for preference shares
The proposal aims to redeem shares starting January 16, 1866, providing 8,310,937f 50c in total value with a 35 centimes charge on the first issue to cover costs. Directors note acceptance by a large shareholder majority is needed and a stamp will mark preferential shares while Belgian government restrictions on redemption above par end all such hopes.
MENTIONED IN THIS ARTICLE
Namur
Liege
Belgium
Videlicet
Liége
Great Northern
France
Mons
Law Intelligence Verdict on War Policy Total Loss
In Westminster before Lord Chief Justice Erle and others, Fowler v. English and Scottish Marine Insurance Co. a jury awarded £2,500 to the plaintiff for total loss under a war policy. The dispute centered on when the 30 day loss period began after embargo news, with the court treating Lloyds Book of Losses as official notice and considering policy wording.
MENTIONED IN THIS ARTICLE
Court OF Common Pleas
Westminster
Banco
Hilary Term
Erle
Williams
Willes
Keating
Fowler
THE
English and Scottish Marine Insurance Company
Guildhall
Mellish
Q.C
Archibald
Elsinore
Denmark
London
Lloyd’s
Lloyd's Book
Winding up halted as company to vote on amalgamation
In the Vice-Chancellor's Court on Jan 14 a petition to wind up Retue Scottisil and Universal Finance Bank Limited was stood over. A provisional liquidator remains appointed while directors propose amalgamation with an unnamed company and shareholders will vote on pursuing winding up or joining the merger. Counsel for the petitioners appeared.
MENTIONED IN THIS ARTICLE
Retue Scottisil and
Universal Finance Bank (Limited
Rolt
Q.C
W. James
Daniel
W. Morris
Cottrell
Delamere v Hodges Court of Queen's Bench Jan 14
A contract for stock purchases on the Stock Exchange. Delays in delivering 30 shares lead to a ruling that the buyer was not obliged to pay for undelivered shares. verdict for defendant £72 10s, with questions on rule 69 and “buy in” rights after ten days.
MENTIONED IN THIS ARTICLE
Delamere
Joyce
Justice Blackburn
Stock Exchange
Also Mentioned on This Page
Railway Chronicle
London and South- Western Railway
Namur and Liege
LAW Intelligence
S Court
W. P. Wood
Court OF Queen’s Bench
Barco
Justice Crompton
Blackburn
Mellor
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