Trying to be a bit more expeditious this time, but man, there's a lot of information here.
Once again, spoilers for anything Middle-earth might be found here.
( Fellowship Book 1, Chapter 2, 'The Shadow of the Past' )
[Edit: I realized last night just before bed that I wanted to talk about the structure and mechanics of the info-dump conversation more, but that I also needed to sleep, eat, and work. So that post will come tonight.]