View report page

25
were put before it and fully explained by the engineer. The
Committee was very courteously received by the officials of the
Company who offered the members every information they desired.
Dividends on the ordinary shares of the Company have been paid as
follows:—1886—4 per cent., 1887—5 per cent., 1888—5 per cent.,
1890—5 per cent., and 1891—4 per cent. The £5 ordinary shares of
the Company are now quoted at 4-5.
St. Pancras.
Although the St. Pancras Electric Lighting Works had been previously
visited by the Electric Lighting Committee, there were some new
members on the Committee who had not had an opportunity of
inspecting this Station, and your Sub-Committee therefore paid a
visit to the Regent's Park Central Station on the 31st January. The
Committee was conducted over the works by Mr. Baron, the resident
engineer, who gave the Committee all the information possible. The
following extract from the report of the deputation which visited the
works in the early part of last year gives full particulars of the
installation:—
"Professor Robinson, the Consulting Engineer to the
"Vestry of St. Pancras, stated that the Yestry are working
"on the low tension system under a Provisional Order, but
"that two of the engines are on the high tension for the
"purpose of supplying arc lamps for street lighting. Your
"Sub-Committee finds that the Regent's Park Station (by
"which name the present works are known) has been erected
"to supply current to the south-western area of the Parish,
"and that the works have been designed to serve 10,000
"incandescent lamps of 16 c.p. simultaneously in use, together
"with 90 arc lamps of 10 amperes each for public lighting.
"The sum of £10,000 was paid for the site, which is freehold,
"and consists of an area of 21,000 square feet. This includes,
"however, a considerable number of small tenements, some of
"which are still standing and yielding a revenue from rents.
"The site is near the corner of Stanhope Street and Longford
"Street, some two or three hundred yards from the Euston
"Road, and has entrances to it from both the first named
"thoroughfares.