The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1883-03-20 00:00:00

BWANARE RAILWAY COMPANY.

INCORPORATED BY /SPECIAL SOT OF
PARLIAMENT 44 a 45 woruau
otiAPTICU 159.

Inane of Share Genital of £eo,ooo bearing Your
per cent. Dividend wound under earlia-
wintery agreement with the London arid
South- Weald's *aimed? Odniiish7.

DIRECTORS:—(J., Boat Esti., Purbeck
Hume, Elwau.ga, rat, aud of thir arm of John
tiorlem au Wee,uumter, C tram tu; WILLI4III
Imiranuw:ri Hama, Esc;, Waltham St. L11V11911014
Twyford, Barks; CHAIM= Sloanmatl/4 Map,
Wiout,re, H4m,ood, Sung, Direct°, of 4be Loudon
e6d &tat. warn It 'Away ; JOHN CHAIM/II
ROBISSON, FAQ. Newton Manor, dw.nage, Dulcet,
ei.d 10 Y.rk-4.0,, Portman...vale
Sk.o VARY 6)1.0 ititi :—C . .1111017 PAY'S.
ti TE .APORARY re :-28, Greet Gtorge-
et r• et, st estmulatar.__
..

--.I6:GINEER3:—Mssaus. 0•101Alru ad Oman,
1, Vitt ,ri•-•tzimp, Inal,ter.

zoLlOtTuliS :—Mmusits. BULB, MANGOLD,
BULB, awl GitoVaa. Grrat lieorge-atreet, W. -
manatee; J. J. YINZNAN, Eei , 2 Post's-uoru•r,
Wootualistor.

BROKLRS:—Mieges. Withetha and CO., 41,
C arol Stock e-xchabge.
RANK ERS:—lilthesa. Wlthtews Deaths, and CO.,
20r Birehuidatra,
PittllsPßCTUS.—this Company haa been incor-
porated by special Act a Parititothet for the con.
str uction of • Railway, we math in length, from the
LOlalon mad South•Wspferu it dimity at Wareham to
the favourite watering place ot Swaoage, in the county
of Dorset. The blunts Capital is £90,000, divided into
9,000 share. of LW each, with borrowing powers di
,dition of £30,000. By Arpeemeut, dated 9.b June,
1581, scheduled to and (routine. d by the Act of Perlis-
ioeut, the Lou lou aud -ou:11-Weatern Railway Com-
pany have under ekes the perietual working arid
maintenance of the Seaoage Reileay upon terms
which recant to the eha.eholders of the Snallage
Courpahy • fine 1 cilvideud at the rate of Four per cent.
per author from the ..,ehing of the line loc traffic. and
by ill* Agreement an option ie given to the Loudon
an South.Weatent Coupany to parchere the hallway
upon the terms ot exchangthg the Swerage Railway
-hares for equal amount. of London and South•
Werel u Railway Fur per cent. Preference Stock, or
otherwise .4 redeeming thee shares at tbe rate of £lO5
In in orgy I.r each £lOO in shares. the Railway thus
heroines an e xtenetoo of the Loudon and South-Wetern
, Railway to Swenage. A Cuisitelat tor the construction
it the works ithe been entered into with highly
responsible contract rra (Meer.. Currey and Reeve, of
Westuritreter). who have us tertekee to complete the
tilerev, wi.h all rations and works, in strict armed.
thee situ the preemie of the Act .4 P irliameut and
the above-uentimied Agr reticent. by the 15.41 March,
leS5, wader penalties in Cs, of delay equal to the
interest which the shareholders would receive on the
opening of the It rilway. The due executi ru of this
C otrect is secured by • retention food at the rate of
10 per ced. up .0 the amount of each payment
made to them on ace runt of coustruotiou of works,
lterms have both prone' .ualty arranged for the
purchase of the greeter p .ruou of the laird required
tur the iteilwer, 20 that. t .• total outlay under Ibis
be.d can be sccuragelly reiterated. Coutracts have
been made for the supply 01 all rails and other per.
ht way met:roils, and all other charger have
been piusided for by Agreement so far as practicable.
I to cost of the Rahway an I works as thus ascertained
II within the Company's authorised capital. Hewing
regard to the importe.t feature that • tined olvideud
at the rate of 4 ier cent. per antrum ie secured to
'bosh 4.lthe, this undertakiog offers a most (*your-
opti tunity t • Via 011111 c, did 1,114.1 of iovestori
e.. 0 prefer eels riah.r than epecu mire securities.
Th., -army of t ie Agreetueut with tire South-Western
C meny are ix rem- ly lay aud the option
which that C oupeny retains of purer...sing the Line
o 4 "sly show. the value they place ups it, but also
practically secures to the S areholder• of the Swenege
Railway • IniuiliMui bonus ..f 5 per cent. upon a
s cure inve.turerit. special arren.remuta have been
made within ito C dopaey's power. under which Share-
holder. will receive lute:est chitin.; the c estructi in of
the line at the rate of 4 ler odic. per annum from the
d ate of peyuieLt ups all amounts, from time to time
pad up. As the Shareholders will receive a fixed
divnieud not deperideut Upon the earnings of the
Railway, it ie unoeixereary, although it would be they,
to ehow the imp-eta:am of the traffi which this
Railway will serve; but having regard Ii tee great
benefit* which it will confer u.ou the district, and to
it. intimate Connect' oi with the Lon iota and South.
Westeru Railway, the Direct de have determined to
give a preference in allotment to reeidetre and hurl-
...mere in be n gobourbood of the Railway (twiny of
whom have sire& ,y exp.-weed their desire to subscribe),
an I to Stock and Sharehold. rs in the le octal and
-ou,h.Wes•ern Rail wey. The London •nd South-
We.t-rn Rad way Company recently i-sued their Four
per C ot. Pr. fereoce stock, at 106. The Shares now
if rel at par pty th, same dividen 1, an), under the
Agreement, are made excherageable for tbet stock at
par, or, at the uptiou of the South-Westese Company,
are redeetneble at a premium, as stated above. El
per Share will be payable on application and El on
allotment. Future cells will he rude as required at
later vale of not less than four month., and no call will
ezceel £2 per Share. It no •11.4ment should be made
the deposit will be returned in kilo. Suthorehers will
have the privilege .4 paying up their Stares in full,
and will receive interest on the astiouuts from time to
time unaelled at the rate of 4 per oent. per annum.
Copith of the C ompany'd Act of Parliament, with the
Agreement acheduted thereto, can be inspected et the
C .mteey's Offices, or at the OR es of the Solicitors.
A. Form ..1 A 114,44100. was Banker's Receipt
aqached, is mooned hereto.