Natal: The Natal (Point) Railway: On the 3rd February the half-yearly meeting of this institution took place. It is necessary, so as to prevent any exaggerated notion of the enterprise, to remind our readers abroad (remarks the Mercury) that this is a small line not quite three miles long, which connects the port establishment with the town. … … Some of the shareholders animadverted on the mechanical management on the line, and the main question was deferred to another meeting. The following resolutions were passed: — Moved by Mr. Pinsent, “That the accounts, together with the auditors’ reports, be received, printed, and circulated, and that with respect to the issue of the £2,130 and £5,000 the directors be requested to prepare an estimate of the entire cost of the contemplated improvements, including wharfage extensions mentioned in their report, and call a special general meeting to lay their views before the shareholders.” … (continues) …
Transcribed in whole or part from scanned originals: Presented with or without modified text and punctuation. For absolute accuracy refer to the original newspapers. Source: The British Newspaper Archive.
Referenced
GRO0798 Devonport: Savery Pinsent: 1815 – 1886