The Express.
London, England, 1865-07-26 00:00:00

MAREMILLES EXTENSION RAILWAY and
LAND COMPANY (Limited).
(thoothorated seder "The Commies Act, WWI
c ,aOO.OOO, 10,000 shares of StO rail, 7.001 Ofwllel
itt already been entecribed for In)Aland sad Frames.
AOOO will be reserved for lithe as paMme therm
laterest at the rate M 6per cent. par amour Vinarsateed to he
pad by the contractors on the capital mined op daring the
conetneetion of the works.
fl per share to be paid on applthattoo, and St on allotment.
future calls not to steed LS p r sham nor to be made at
Intervals of less than three months.

I.7?".•iikVW.

With= Lee, Eq., M.P., iiieaani.ot the London and County
Rank.
James Childs, Im., loehampton, Director of the Bast Leedom
Railway Company.
Charles Id /teethes, Dm., Director of the General Irrigation

Coinpea) of heap.
The 'No0%13.111)1* A. C.llobart, Berkeley-quire, Director of the

Ittuahus Irouworts Corepeni
Haab IL L. Amery, Dq., leteholas-laae, Director of the City
Oakes pany.
J. PenningtonCem Leah, Iraq., Brighton. and Knuteford, Cheshire.
Clarence A. Unther, Bea., Norfolk.etreet, Park-lane.
PAUL
IL Julia Talabot, Boulevard dee Italians.
Y. Le Comte Clary. Rue d'Amnale.
80lafeloita —Beam Kilibou, Bvarra,_ aad Ce., Nicholas-Imm

Lotabazdntrost.
Itaallasa —The Imparts.% Bank, Lothbary
110=in—Illeara. itakins, Barber, and Dailey. Tkraadanaiko-

2Parnza—George Berkley—, is-Z, 24, Great Georgeetreet,
Weetoahmter.
81011EtIOL2 (pm tem Y. HakewUL Da
Temporary 0111eaa-44. Alderman's-wale. Pew Broad- treet.

The objects of the CompriThy are.:flr7t, to construct a railway
about nine miles in length from the Oki Port" of Marseilles
tort:Mesta, to afford increased facilittee for the ootameros and
mainfacturee of the town and port ; secondly, to uire land
on both sides of the line throughout Its length for building an
other purposes, to which gnat vans will 13e .given by the con
ISMOi4OII of the railway.
Itte
known;putstio ola amines es the lint maritime sly of
Trance to well woad only to Paris In population and
wealth, Its position and capabilities gin it the command of
Trench commerce lathe Mediterranean.
. .

the la.st to yearel4nelliSs has been placed hs direct
railway communication with Paris sad all paste of Prance :
magnnisent docks and warehouse. have been conetreeted, bet
peat and rapid as those new works have bees, they eat still
tar behind the requirements of its ever-increasing trade
The old quarter" .1 the town are being demolished to maks
room for handsome greets and public buildings. The population
thus dismissed are driven to the suburbs. more especially toward.
the south, where the lands of the Company are Wasted, sad
when a fine valley stretches from the tows to the Meditarenesa,
with a view of the ace, and open to the retreating breezes, which
daring the summer afford the only reset from the Lease. haat
of the silty.
The enormous vales of .round In the town may be estimated
by the /110‘ that for any estention, rock' et feet high ham to be
seared away to give altos for building: It will be readily soder-
"toed that each a locality la no loom milted for the erection of
ordinary dwellings, or tootottes and chemisel works, which
Miter, for sanitary resigns will soon be driven from the clq.
The proposed railway, after leaving the port end town of
100,e00 inhabitants, el I pus through the southern suburb,
which coetaine a population of 10,000, and follow the valley to
W ass, at the " Madragse de Moeiredon:' from thence It will be
ooniinued for three miles Moog the coast to Podestat. "Nordin
site far the emotion olfactorle.„trlth moms to the nes, and

direst rallwayoMamaniMtlos;iith thaio;il and port, and ;ill
the Paris, tona, and Mediterranean Item by a *talon with
the proposed new branch of the latter to the "Moe Caatellane."
There are at the present time 480 factories in the town, em-
ploying metre lo,ebe weetmen, and the number of factories
would rapidly increase, were it not for the heavy maims to
which they are @objected from the incresieng mine of the grouted
occupied, and the want of direct tensity connexion with the
port, end with the Petit Lyons, and Medlte. renew lines. Ihe
proprietors of these eitablishments will gladly avail themselves
of the opportunity of disposing of their present sites to great
advaulage, and remising to • losility combining the facilities
cd as and railway ciumennicatlon, with perfeet freedom from
all the dldloul lee of their present position. end where land can
be obtained from the Dempsey at • tenth part of the pace now
pad for building ground In the town.
In order to form an oniaina of the pomade:7 results of the
proposed enamellers of the Company, ft will be desirable to ma-
dder separately the income to be derived from the railway, and
the profit to be tootled by the isle of the Lad of the Company.
Firet, with reference to the railway II must be observed, that
the ezieti‘nom are connected wlth the new port "Joliette"
and the Doc bat that the 010 port, which is acres in extent,
le entirely wi id railway communication or docks, notwith-
standing which the official statistics of the govemmete show
flat during it. Met year for which they are yetWebed, DIM, the
retain* for the "Old Pore" were as Wows:
Veneta. Tess of Merchaadlee.
4,383 of various nations entered, canylag 030.130
4,303 „ „ le„ 503,842

SAS Total of veiwele. LettOtt Tone
Daring the rune period the veteran for the new poet Joliette
Varela. Tons of Merchandise.
moo of verbal nations entered. carrying 36e1tl
2,410 V. Ittik MAO

6,000 Total of vowels. 000.00 T Toes.
Bat to sedition to this the new poet e'Jelleite" received mid sent
off 1,156.024 tons of merchandise la lea by 11,SiS steamers, on
accent a the feeillties afforded by the r liways and docks.
It is evident from these returns that a railway to the old poet
mast secure a very large amount of goods traffic, aed from the
population of the suburban district through which the line will
pass, and the number of factories, Be., already eastbilased In
that locality, It la calculated that the lathe., will produce sn
heasollate swan MOON, equal to 16 per mut, on the outlay,
which Income will be rapidly increased by the erection of houses
and factories along the line. There will be seven Intermediate
stations between Marseilles and rodestat, one of which will be
for the "race course" and the "public gardens," and "chateau
Beeelly."
The Company have contract d foe the amities of the works
of the railway ham the "Place Castellane ' l "Podeetat," at the
price of £116,060.
Secondly, with reference to the profit to be realised by the
tale of the lend of the Company, it may be stated that all pro.
vices speculations in laud at Marseilles have bean seem:maul.
The Company hare contracted for the purchase of *boat
1200,000 square metres of land (about 800 Familah acres),
situated en both aides of the proposed railway. between the
town and the " Betimes de Montredoe ;" 140.000 metres of
which will be required toe the coesienction M the line and de-
acon, laving 1,000,000 metres to be sold for the erection of
Irekelans resilencea
It has been estimated by competent judges of the value of
building sites in the neighbourhood of Marseilles, that on the
completion of the railway the whole of this lead will be readily
sold at the price of at lease ID francs per metre, at which rata it
will produce 21,200,000 franca, or £n848,000.
The Company have also contracted for the purchase of a very
large tract of ground beyond the " Madrague de Montredon,"
through which the railway will peas to Sedate!: 1,`00,000
metres (about 376 acres) of this land, adjoining both sea and rail-
way, will be at awe available as sites for factories and works of
all Bads.
lati.cating the selling price of this land at 10 francs per metre,
a sem sufactently low to induce the manufacturers to establish
their works rapidly In the locality, It will produce a seam of
16,800,000 francs, or 2600 000.
Tba average cash cost to the Company of the land above re-
ferred to is oaly at francs per melee, Maladies the houses already
bent thereon, and Including also upwards of 10,000,00• metres
of lead (about %SOO acres) on the isn't line for three miles be-
yond the proposed terminus at Todestat, which will thus be
acquired by the Company free of cost, and which win be made
available at some future time by an extension of the railway and
the formation of roads.
An ample supply of water, which Is Indispensable at Marseilles,
both for houses and land, can be obtained from the (IMAM
works, which have ooet the municipality more than 00,000,000
of franc..
The additlonal capital tequired for the payment of land w:11
be raised In debentures to be repaid out of the produce of the
laud Isles.
The practical bearing of the land quation Is as follows:
amain the sale of the land at the low prices named, the
poodle arising therefrom will not only repay the whole coat of
the railway, but In addition there will remain a very large
surplus for division. as bonus amongst the shareholders.
The railway concession from the trench government Is for the
teem of 00 years.
The lands of the Company will be freeholds In perpetuity,
except the small portion occupied by the railway. which must
no warily be surrendered with he Imo at the expiration of the
soecession.
6,006 of the share, hare been subscribed for in Prance, and will
be Issued with ES per share paid up thereon :
4,000 shares will be maned for issue as fully paid.up 'hares ;
leaving
11,000 ordinary Wares for issue to the public.

20,000
The articles of association, and also the contract, concessions,
acid 91,104, may be men et the eft es of the solicitors, Meson.
Newboa. Kvane and Co., 00, hieholsalane, KC.
♦pplications for shares In either of the amompanying forms
say ho made to the secretary at the races of the Company ; or
to the bankers, brokers, and solicitors. But no application will
be entertained unless the deposit of Cl per there on the num-
ber applied for has be-n duly paid to the Company's bankers ;In
to. event of no allotment being made to the applicant, the deposit
will he promptly refereed la full.

10111 01 APPLICATION POS SHWA 1/1111 IS PJLID OS
To be retained by the banker&
__

No
To the Directors of the Martellles Istandoe Railway and Land
Company (Limited).
Omitlmam—Having mist to your bankers, the Impend Bank
(Limited) the sum of A befog a deposit of El per share
oa shares in the above Company. I hereby request
that yot will allot me that number, and I agree to accept such
shams or say lees number you may allot to me, and I sures
to pay the stun of At per share on allotment, and I authorise you
to beset my mama on the register of members for the number
of shares allotted to me.
Usual signature
Name in MU
Reidence
Profession