The Express.
London, England, 1863-05-06 00:00:00

0017NCIL Or ADIMISTIL4nOn_pI ITALY.

&literal Con;iiii:liiirofliiiiiialibleiTionorary Pre-
sident.
Fares!' Onatamtll Crow.

•
filsnor Glance Panna,Saana, Deputy of the Italian Parliament.
NUMMI IN 32101. JID.
11 the
143111.1& ILP. (Darecaeur
Oltulei-o,"irqlsfessra. I. Thomson, T. Dear and Go.),
lode&
H. R. ()rental, Lsq., M.P. (Hewn Pascoe Orenfell and fleas),
I. ',casino, Esq. (Messrs. I. Leonia° and Co.), London.
John Peoder, Req.. M.P. (Messrs. ). Ponder and Co.), Meacheeter.•
BLS
Mn.essr Glyn, Mille and gOrsismion.
Yews Arthur Heywood, Bona and Co., UterpooL
The Consolldated Bank
,Tsrilted), Manchester.
Merl Praklll Bolaskla,
Blatt. Yodel!! Leonlao di D., Genoa.

Messrs. P. Casenove and Co:SA Threadneedle-street, London,
IC.
Mr. Geo. S Semple, 3S, ThrogginortonAtrset, London, E.C.
Mews Horstall and Addison, Liverpool.
Ileum Shore and Kirk, Manchester.

Menem Birehant, Dalrymple. Lake, and Ward. London.
Mean. Littledale. Ridley, and Bardewell, Liverpool.
Rivonnia—alr. Benjamin Hatay, C. , 28, Orem George-street,
Weatainater.
Minix 81CILETIJIT-11r. J. J. Rldley.
Tannormy Odlose—B Copthall.court, London, LC.

The Government of Itso. desiring to develop the resources of
the Island of Sardinia by the introduction of foreign capital to
the 011011.9tti00 of ntilwaye, have by virtue of an set bearing
the royal conermatioa order date et the 4th of January last, cot-
toned the followlog valuable ooncemione, which have been par-
chmed by this Company
lg. The excitant privilege et cometructing rallwsys la the
Wan. of Sardinia . . _

lad. A guarantee or subvention for the lines now proposed of
11,1100 Ire for rack kilometre of relive), or L 590 sterling per En-
glish mile, per annum. net revenue, for a period of 99 years, pay-
able u each section is opened for traffic , and,
Ird. An framediate great to the Company, in perpetuity and
absolutely, of freehold tended estates, bebngtng to the crews,
In the Island of Sardinia, containing 200,000 hectares, or 489,090
Latish acres, the presentvalm of which is officially returned at
£500,000, but which it is manifest will ha largely increased by
the completion of the railways.
The £6BO per mile net guaranteed income, together with the
comparatively low rentals now proceeding from the landed es-
tates. sad amounting, according to the government returns, to
£le,ooo per annum, are equivalent to an annual dividend of a 4
least 8 per cent. upon the total egimated cost of the railways.
This will be seen from the following Calculation :
Annual income—

Guaranteed net reventie t...10D per mile for 240 miles 12130,280
Present rent from the lands (susceptible at incases) 24,000
Total
Interest payable on £2,000.000 Obligations or LOAM
Debeetnres at L. 3 per cent. LAIO,OOO
Zetimated dividend on £1.000,000 share capital,
at L 8 per cent.

140,000
Surplus income applicable to the redemption of
debentures
The special feature of this undertaking DP, that while the
shareholder, will receive an annual interest ofd per cent. during
the construction of the line, and • dividend of at Mast 8 per
rent. thereafter on their capital, they will. at no distant date,
have their capital repaid to them out of the proceeds of the
crown lands granted to the Company, and continue, neverthe-
less. la the enjoyment of Ma dividends during the whole period
of IS years. The order In which shares will be paid off in this
manner will he determined by ballot.
The amnir are sinned In various parts of the faked, and
will In groat measure be intersected by, or In the neighbourhood
of, the several lines of railway now projected, and also the
several new roads about to be constructed by the Government,
for which they have voted one million pounds &tering.
Some of the 'antes are under tillage ; a considerable
extra consists of pasturage, and the remaining portions contain
forests of oak and other valuable timber. From these forests Um
dockyards of England, Prance, and Italy have for many years
past derived and are new deriving their supplies of the
Snort oak.
Sardinia Is extremely rich In minerals, particularly sliver-lead,
copper, and ironstone, the latter of the highest quality. Besides
these minerals, the Island contains extensive coal fields, which
will be developed by means of the intended railways.
The lines now projected will be single with requisite sidings
and pulling places), and will be about 140 miles in length , six
yeses ore allowed for their completion. They will be proceeded
with fa the five following sections .-
1. From Cegliarl to Iglesias, the centre of the mining district
and coal SOIL
2. From Cagliari to the city of Ortstano.
& has G rintnocto Olinri,

4. Prom °Merl, thmegh the city Qf Sunni, to Porto Torres.
& Prom Oder, to Terra Nova.
Thus. throughoot the whole length of the Island, wUI be
sinshlished a complete system of Railways. bringing into closer
ecessalon the respective shores of the
.Iledltemineen.

The mat eminent contractors In this country have carefully
statehood the detailed surveys and sections of the projected
prevered by the Compeers engineer. and have offered to
orminct for their construction at a sum which, after making
providoe for all preliminary and contingent expenses, will fall
within the amount of capital now propose' to be raised.
The working expenses of railways In Italy and !trance rarely
average 41 per cent. of the gram resolves: the Company has
stipulated for an allowance of 60 ger cent., to be increased to
ft 2.3 per cent, during the first 6 years, In case the gross
receipts do not exceed ten Itemised lire per kilometre.
On the other hand, the Government have reserved the option
of purchasing the railways it any We after the expiration of 30
years, upon payment to the Company of the value of the rolling
stock, dr and an annuity for the remainder of the term of 90
years: such annuity to be sot leas than the average net
income of the flee most productive of the lest seven years. and
not less than the net income of the last year preceding such pur-
chase.

The Interest will be payable half-yearly In Leaden, Paris.
Turin, and Ocoee,

Transhited copies of the Act of the Italian Parliament, with
maim of the Island of Sardinia, Mowing the coarse of the in-
tended railways, can be inspected at the offices of Mews. Bit-
chard, Dalrymple, Drake. and Ward. 46. Partiamenkstreet, S.W.,
and of Werra Uttisdale. Ridley. and BardsweU, Bromfebuild-
inks, Exchange, Liverpool.
Poems of application foe shares may be obtained Prom the
Broken, and also at the temporary offices of the Company.
In cases where no allotments are made the deposit will be re-
turned without deduction.

TIM ROYAL SARDINIAN RAILWAY COMPANY.
MIN OF APPLICATION 101 SHAMS.
To the Directors In Ragland of the Royal Sardinian Railway
Comn
Gentlemmt,—Having paid to yoer Rankers the sum of E
1 hereby request that you will allot me shwas (and
obligations) of ASS each (respectively) in the Royal Sar-
dinian Railway Company, and I hereby agree to accept the said
shares (and obligations), or any smaller number that may be al-
lotted to me, upon the terms of the statutes, to be agreed apes
by yes with the ItaUan Ocnernment, and to pay the further de-
poWt of £2 per share upon the shares lad el per obligation apes
the obligations) allotted to me at such Use and is ear meaner
r yr may appoint.
In I
fallan, Gentlenten,
Name
Mitre= in fell
Prodenios or Mires Of amyl
Free of burner afar)
Dar
Appileants for shares only will Asir out the words In ir-
ritator In the shove lam of ordinates.

ROYAL SARDINIAN RAILWAY
COMPANY.
The SNAIL LIST ter Greet Hntaln .111 be CLOSED on
FRIDAY nest, the Bth Instant, and for the Continent on the 11th
natant, aster which dates no applications can be received.
Coptball-eourt, LC., May 4, 1.844.

►ILMACHINISTS.-WANTED, MACHINES
that will compress four pounds of bay and clover that
tesifter with three pounds of meal, Into a paper bag of small
Menem Sample bags, containing the above mentioned SM.
of mixture. may be had for experiment on application at
THOLLIVII Steam Chaff-entting and Condiment.' Feeding
Meal
n, MUM Thornhill-bridge. tilectonian.road. Hines-cross,
LoudoN.

PERAMBULATORS, CARRIAGE BODY,
bora 110 e —Rocking Boma Nersery Yachts. Berle^ Baby
=re, Bagatelle Bootle, Croquet, atria Bally, La.. Bil.
Bowls, Pont-balla Araltwey, Cricket, ie. Cstakques
MIL—MUD and POWELL (Old Kaiaks-bee*. ri,Cheapside.

PAGE'S BRICK, Tile, and Pipe MACHINES,
for hand, ham. or stem row ow the meet duple end
ediedent wawaldt yarttealare sad prima obtained of the
makers, L Page and Co., Laurence Pountney-place, Laurence
P
e
on
sties daily. Cannon-street, LC.,., where they may be men In
°pa

NIVIIITN and SOUND ITITH are indimpanable
t• renew Athrodiem sod to hosith and leourelty by
the mosliesitoa et food. lOWLANDir orsorrro, er
1121111mho 111 CA compounded of Oriental Mardian*ta, to
et Ineetiseable la yreeorelise sad beeolityl the teeth,
the wok ila &Lig • Pawing • to
gr lsr elMmileath. t 11/2011114111amf tartar from the teeth, removes vote
Of laciplest decay, lad paddies and moterves the enamel, to
whisk it Ossysits pierfAllse whlioomm Its inveltabl=
poetise here obislasi the yelarosege of royalty sad th•
woe, Zarefet mad ft nelvereolly WM repot.. Prim
U. pm hos_ Sold at fO. Ilatieourries, mad by Chemists
mod ldamma. Ai taw ..11Invirio•

BRITON MEDICAL
_ _ mom

Offices, 42V.

and GENERAL LIFE
LerioN.
West anal

0. H. Barlow. M.D. ----
g Partridge, , P.R.&
MrJames Duke, Bart., Ald., Jobe Proved, Esq.
M.P. W. Tyler Smdb, M.D.
84
ACL. Charlie Hastlep, M.D., Fronds Webb, Hp.

minciolte.
Chairman of the Board-0 ISOB(.111 11. BARLOW, M.D.
Deputy Cbairroan—TßANClS WEBB, Esq.
By the peculiar equitable manner of dividing the profits, the
policies issued by this Association become payable during the
lifetime of the person sewed, without extra premium. After
having beep in force a period of five years, all policies are abso-
lutely indefeasible and indisputable.
Attention is directed to the facility afforded by this lostitu
Bon for the assurance of declined or diseased liven The ripe.
Acme of the large staff of medical officers connected with this
association hat enabled the directors to prepare a set of tables
which, they believe, place inch lives on an equitable footing in
relation to other assured member of the company.
Qualified medical attendanta who are named by proposers to
this association, are consulted u the medical advisers of the
directors, by whom all medical fees are discharged.
NNW amnia POl ewe TILII mom DIL7IIII Si, ISM

Number of Amosnt Number of Amount Annual
Proposals. Proposed, Policies. Asouvd. Prossitand
2.810 LB6L= I tot, I 5460,640 516,276 13 6

Every dew:MS:ion et life INSUTIMee trammed ; terms or
with detailed prospectuses and every Inlonsation, may
be had on epplimUou to
JONI( NIFIMENT, PALS., Secretary.
Applications for agencies are Invited.

LAW LIFE ASSURANCE SOCIETY,
/14/at.tteat, Loyaioa. laatitattal IUS.
Irmalled 1111 Mill • AMMO.
Aaevaal home ...,
Per. IF"Psiool moll ="rat"a=r,sltaglammosaa, apply to
She mown st Ow Sedft . Loadoe, SC.
WlY...rmust DO NIES, Actuary.
ADM MA

IMPRRLAL ROYAL PRIVILRGED UNION
Wel ANSEL (Maned).
Wl, neoo,ooo de%
BAXERBS—Messra. Masturman, and CO.
801.1ilifong—Meenr• Crowder, Maynard, and Lawlor&
BROIML9—Mears. Hill, Fawcett, and Bill.
A preliminary cony:melon for the above Bank having been
granted to his Excellency Heron Thierry, with whom satisfac-
tory arrangements have been made for carrying It out, •
prospectus, with an influential Direction, will be published In
due course.

.11.eniSe7Iption list will in the meantime be •paned at the
aloes of Messrs 11111, Fawcett. and 11W, 29, oodles
street, LC.

INFANT ORPHAN ASYLUM, %instead.
NOTICE OF REMOV tL.
In consequence of the immediate ertension of the London,
Chatham. and Dover Railway acmes Ludgate-hill, the Committee
have been compelled to REMOVE their OFFICES to 100, FLEET-
STREET. where, from this date, all communications are to be
addressed. - By order of the Committee,
May 5, IN& RINEY W. ORRIN, Secretary.

mu LOVERS of FLOWERS.—The following
J. OOLLECTION mot, *deb pocked, cm rsostpt of Cl, hall
102. —l4 show Hollyhocks, It ditto sAits, It Delphiniums:
12 Doable Rockets In three colours, 6 Gram /6-ns Voccloes,
Potentlllas, crimson and oracles, 6 Antirrhinums, a Campanulas
In three sort., 6 IrEnotheras ditto, 6 crimson sod white Lychals,
aMIOIOOIO Japonica, 6 Loping, Splendens crimson new, It
Double Polyanthus. 24 best annul..—Postoffice orders to H.
LLIXANDER, Kender-street, New-cross, S E.

CIADTION.--COCKBI3 Celebrtted READING
V BAUCH for Dish, Oanse, Steaks., Soups, Gravies, not and
Cold Mesta, sod outwitted for general use, lo sold by a:I respect-
abl• deals.* In Hamm. It Is manufactured only by the sole
proprietor, CHARLES COM ihacetreet, Heading, the
Original Seam Wareham. An others are *pares
es intibstions.

NIVIC-END FURNITURE DALLEILIES,
81.144, Orlord-drag (cap•mite Boma
_ TO !MONS FURNISHING.

omb
Draw*noes mites complete from El 5 to L5O. Ihning.rom
suites complete in =Greece, front Ettl. Bedroom atlas from
CM. &inmate bedrooms, from AS. Bachefora' bedrooms, from
£7. Mahogany winged wardrobes. from Imtine se Bedew&
and bedding of every descripiion and quality: dining tables In
mahogany and oak, from 3 to MO guineas: chimney glasses In
endless variety. Panons unable to pay a via= of Inspection can
receive catalogues gratis, and post free on application.
geferenees kindly permitted to runner custensen. • written
warranty It required.
P. and B. BUM& llstablished 1863.

111 ARLOW'S PATENT CASK STAND, a new
11 lineation, so adadrebly contrived that a full butt, as
well u smaller casks, may be raised or tilted on it without
tabour or trouble. Its action Is so impalpable that &be sediment
of the most limpid fluid by ao poesibdity can be disturbed.
Price Pa., 18t., las., to salt 41, V, and 18 gallon casks
BARLOW'S SELF-ACTING SYPHON TAP.
No vent-peg reyired. No man let beer or sour wine.
Price 48. ed.. ditto, electroplated, h.—Apply direct to JAIICB
BARLOW, patentee, 14, Vasa Wilitansaareet, Mansion-house.
See that his name and address are on ••147 article; all others are
spurious unltationa Enevevitep yetis. Established 1848.

VAUTION.—WATHERSTON and BROODEN
mooramead the public to have the Carat Gold stated on the
hivole.
delusion. line Gold and Pure Gold,* as applied to Jewellwy,
te&a WATII223TON and BROODIOI'd GOUD
Nill, and MI omelette rasaufsetured by them, are sold opus
this primal , and at the manutseturers' prices. Manufactory,
10. H Commaliardea. W.C. Assays made of chaise
and jewellery tor la. seeL—N.B. ml. establishment is dosed at
II la the erealng, and M eatardaye at I.

GRANGER'S PATENT COLLARS, lid., 9d.,
sad la. per down, pod oroe.-308, RIO Holborn, W.C.

pROUSERS.—SpaciaI attention in called to the
NZW BMWS 000D8, sad gentlemen who do sot mind
fair price foe a good pit o: tromen
reslW,atima depend no
HAMILTON and KINPTOWS, TAILORS,
106. Strand (opposite Easter Hall).

RIMKELS PERFTICII FOIJNTAIN, as used
in the Phnom of Wake bridal boudoir at Windsor Castle,
le sow estossirol, oseroofred by the nobility and gentry for the
drawing-room, ball-roosq sapper table. ite. Prim Iran El Pk
Also Lest on Hire for Hassan and Partles.--gold by all the
trade —KIMMEL, perfumer by appointment to her Royal
Highness the Princess of Wake, 96, Strand, and 24, Conillill.

MUSIC.