The Express.
London, England, 1865-02-27 00:00:00

INFILIIAL MEICAISIDNTILI CUNT
30 ASSOCIATION
ASK AUTHOK TO orns .000 SHAMS
OMITffiIOTAINA ItAILWAT COWPANY. OK TEI MILS
Of TES FOLLOWING IItOSPIC'fIIS:
THE VARNA RAILWAY COMPANY
(NONTCHM to TWA).
italeintsd by Statutes ®der the law of Turkey, with Limited
y,
ilare capital L903,0e0, In 45,000 shares to bearer of tit melt.
Waring s minimum Interest of 6 per cent. per annum guaran.
seed by the Turkish Gorernment.
WM awes have been taken, 9,000 of which are under offer In
. Turkey according to the terms of the cossocasion.
Price of issue of the shame BIC
Dwelt on applacktion, £1 ditto on allotment, Lt.
Cilia not to exceed a 10s.
than thre pee r share, at interraL of net leas
months.

At thbprke of bane: shareholders will receive 81 per cent. per
gaize, led Interest will be allowed at the mare rate on all m-
ama fladreiteldere may ply tip la MIL
The disnowillle redeemed at per by • alnkted bard guaranteed
is lyptl~ii mmerament by mutat dewlap, to ooaratesee
sew thedirviag of Mabee, via. :
dame the Prat 33 years. 20,000 durfai the
yam■ pees,soo daring the third 33 years. Total,

'Mader of each share drawn and paid off at £2O, w W receive
sitehtmd warrant entitling him to participate in all profits
areal by the Railway in sects' of the guaranteed interest
dubs the nosainteg term of the concession.
To NOWA, the advantages offered to the shareholders, In ad-
dition lathe minimum interest of 84 per oent., and the profit
*deed teem the annual drawings at par, It is nocemiary to state
tint the ninny is estimated to yield from 10 to 12 pee east, per
sinnmen the satire capital expended of f;000,000; of this
amnia 41.1110,000 has been provided by means of obligations at
Lair Xtimper cent. interest, and redeemable by the sinking
guaranteed by the Tut kith Government; the
fake greets above the agpepte guarantee will, in consequence,
Weir Metible among Ore shareholder,, represeuting • capital
4219,100001 taking into account the price at which the shares
ankenetesek 1 per cent. of surplus profit earned on the total
mot weniderethe shareholder an addition of nearly 4 per cent.
as las aunt pad by him.
Maim Pao, Betts, and Crampton have contracted to construct
Ihe tempi and works, and provide rolling-stock, for • sum
wthili TM leave a sufficient margin In the hands of the Company
as Bem* during construction, and to meet an routing's.
awing that under no circumstances shall the ex.
pm▪
elareoxesad £2,000,000.
The Railway was commenced last June, and great progress has
been made in all branches of the works. Fifty miles of
earthwork are ready for laying the mile, and the contractors
hive made snsngemeuts to open the entire line lathe auttima,
len Rents purpose all the rails will be delivered this year.
DELIPPORS.
WILLIAM °LAWTON/a Rag., Chairman.
H. Wollaston Blake, Req.
Chutes Legion, Esq. London.
Henry McChlery, Yam.
Macke J. Porno, Esq.
Maw. L
Pbemiqa ue.
Penwell
V. Tonselbi-ow Bramids.Yst
CONalfilin lisdarnm-41. P. Bidder, Nag.
Isaurgia— Wm. bleCandlleh, Faq.
COirraterotte—Mmurs. Pet*, Betts, and Cramptec.
SOLIMIOMI—IIesera Freehtlelds and Newman.
BLILIMI—Maars. Roberts. Lubbock, and Co.
SiMaxesay-J. F Welsh, Fag.
Blount-Messrs. P. CASODOTO sad On,
OMees—la angel-coert,
This Itailessr will connect Rustabilk, onC
the banks of the
Daaahe, with Varna, the principal port la the Black Sea, and
will traverse for the entire distance of about 133 English miles
Mel populous distrt-ts in the province of Bulgaria. This province
melts yearly to the Turkish government • net revenue of about
me minim sterling, and provides Constantinople with cattle,
itadinir, grain, and other produce.
TL map attached to the prospectus will show the route of
** proposed ralivray, and the great saving of time and distance,
bilk sad land. It will form the shortest and moat ma-
rmite to and from the Fast It win also provide the
2=sad most direct means of communication b4ween the
11rallschien Principalities and the countries of the upper
Dante sad the Poe. of Varna. The journey from London to
Vati/le will be accomplished in four and • hall days.
Bay Varna is nee of the best natural harbours In the
Bleitlks, from whence there Is • large exportation of grain and
ether mrxehandise at all seasons of the year. The Turkish go.
vonimmit are now negotiating with a company for the construc-
tion of a breakwater and quays within the bay. When these are
eangisted the harbour of Varna will be one of the fined in
lumen
Ake•dy a pier has been constructed, extending into 10 feet
=
irhof water, where vessels of large tonnage may load and
la connexion with the railway.
DI means of the annual payments guaranteed by the Turkish
=ffiel, the entire share and debenture capital will be re-
i.ithin the term of the concession.
The tuition government have the option of purchasing the
/lOW CC terms favourable to the Company, at the expiration
el BO years.
For father details, reference le made to the original Armen,
ecoveatioo, cattier des charges, plan for redemption, and other
Cdocuments, which, with translations, are open fortnepee.
all the Company's Once.
for shares in the annexed form to be left with the
InZintri:6n payment of the deposit of 41 full If no
allehmat is made the deposit will be returned In , and if••
YR rather of shares be allotted than is applied for, the deposit
24.4.3 til Is required, be applied towards the payment due on
blegeetness and forms of application for shares may be or:o-
-bligee the Secretary of the imperial Mercantile Credit Asap-
*Gm United), Al, Bishoreigate.street, of the Brokers, at No.
M. Ibreadarteselleetreet, or at the offices of the Company, 10,
Samko

PONX OP APPLICATION TOR 9HANNIL
To be retained by the Banker

No,
Te the Directors of the Varna Railway Company.
watimaan—Havlng paid to your bankers. Vows. Roberts.
Whack and Ca, the sem of L , being a deposit of di
par share on shares la the above ComPany. I
!in +37 request that you will allot one that number, and I agree
le leapt such shams, or soy less number you may allot to me,
St the terse of the pro,pectus, and I agree to pay the deposit
dm co allotment

rlllaskmature.
Name In full
Reaidence
Prnteuton
Date

VARNA RAILWAY COMPANY.
lona IS HEREBY 01VV1, Ih4 the LUSTS of
APPLICATIONS fee SHARES will be CL('ED oo TUESDAY,
UN IBS loolsat, bat Applications from the Country will be
W*4 lir post the following WEDNESDAY MORELVG.
uimlNSesart. RC., 2Sth Feb., 1866. 117 order.

TEE JOINT-STOCK DISCOUNT COMPANY
MelialL 6 cad 7, Niebmiereime. Lombardrarest.
EITNICIIBED CAPITAL 04060.000
CALLED IT? £800:100
21111IILVE FUND 430,000
MOM RATES OF /7173.101 T
°a *6Mo repayable en dammed 6 per cent.
M 7 dere aetice
14
86:441 Ma I.; roomy dew/Rehr, long periods.

TBR
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choked combination of PHOSPHATIC SALTS,
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toesearch has led to the disoovery, of this invaluable
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•••• raare Churehysrd ; Saeger, IM,Chtfordettreet ; Hooper,
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ft effectual remedy. without caseate( the bowels or
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eimbbeet metauthou, gbd Incipient coommeptices. IS for
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iftesved es the