Baird, of Gartsherrie, for the sum of L20,000, or fully L70,000 less than they had originally cost. Mr. Watson's efforts, his patient plodding industry and commercial skill in connection with this insolvency, were greatly commended at the time; and, indeed, as the affairs of the company were in a state of the greatest confusion, it required more than ordinary tact and perseverance to place them on an intelligible and proper footing. It would be unpardonable to omit reference to Mr. Watson's intimate connection with the railway system in the West of Scotland. He was the first interim secretary of the Glasgow and Ayrshire Railway, which was promoted in 1836, and he continued to act in that capacity until 1839. Afterwards he became secretary of the Edinburgh and Glasgow Railway, in the promotion of which he was associated with Mr. Andrew Bannatyne, the late Dean of Faculty, and the first solicitor to the company. It will be remembered that the first bill of the Edinburgh and Glasgow Railway was thrown out of Parliament in 1837 owing to the strong opposition raised against it. In 1838, however, the bill was reintroduced, and passed--Lord Wm. Bentinck, the then member for Glasgow, being chairman of the committee. Ultimately Mr. Watson relinquished the office of railway secretary, but he continued to be associated in the management of the Edinburgh and Glasgow and Glasgow and South-Western lines with such men as the late Mr. M'Call, of Daldowie, chairman of the Ayrshire company; Mr. Fleming, of Claremont; Mr. T. D. Douglas, Mr. Leadbetter, and Mr. A. Smith, who now lives on the Gareloch, and who, we believe, is the sole survivor of the original directorate, with the exception of our townsman, Sir James Campbell. Prior to the establishment of the direct railway communication with England, Mr. Watson was concerned with the projection of a line of steamers between Ardrossan and Fleetwood--the railway only having been carried the length of Sir Hesketh Fleetwood's estate at that time. By means of this arrangement, in which Mr. Watson had the cordial co-operation of the directors of the Ayrshire Railway, passengers leaving London at 10 o'clock forenoon could break the journey, and obtain the relief of a night's rest in the boat, arriving in Glasgow at 12 o'clock next day. The vessels on this station were Her Majesty and the Royal Consort, but they were discontinued when the direct line to Carlisle was opened up.