The Express.
London, England, 1868-03-11 00:00:00

CAPE RAILWAY COMPANY.
lacorporsteda LecifisAct a the Imperial Perlieeeeet
ISSUE of DZBlLlfrati ISOM

The Directors of the Company ere proper_edlo receive TIN-
DERS foe the SUBSCRIPTION ad DIZINTUAR STOCIC to an
amount not exceeding f2J0,000, to replace the present DeWitt.
Lye Dead Debt of the Company to the same Mount.
, The Mr tore Stock will bear interest at the redo of It per
Oulper Yuan. payable half-yearly on the to of July and let
anuary In each year, at the London and County Bea, or any
Of its branches.
. .

7.ll2ePrindial will be redeemable at par at the option of the
Company on sis months' notice at say of the following periods,
namely the Ist of July in the years 1883 1893, 1903, and 1910.
being the year within which the Cape Oovernmeut have the
option of purchasing the line.
The debenture debt of the Company is limited to £200,000, at
present
Issued In bonds terminable at various dates. By the
Hallway Act, 1807, It can now be betted In debenture stock
L interest of this Debenture Stock of £200,000 will form the
OM charge tan the whole Income of the Company, consisting of
Me annual stun guaranteed by the Cap Government for fifty
year from November, IMO (now amounting to about £30,000 per
=mum, but capable of increase!, and the working profits of
the itne, which for the past two year have average £B,oeo,
making an Income of £05,000 to meet Interest to the amount of
112.000 . .

17..01the purpose of foils& securing the doe payment of the
Interest on the Debenture Stock, the Directors will mato and
pay half-yearly direct to trustees on behalf of the holders of this
stuck a portion of the Government warrant for the guaranteed
latvret sufficient to Cover the same.

_
Payment for the Debenture Stock will be required in the fol
lowing manner:
On Tender
„ Allotment
„ May SO SAO
July 1
and the balan'ee on or before 14 of Janruary. 'DM, on width day
Munn at the rate of 0 par cent. per ammo will be) paid upon
all sums so received by the Company.
Scrip recelpta will be blamed on and after the parment of the
bastalment due May 30. ezebatumahle for arrtMealea with
coupoas attached on the payment of the balance. The C 414111-
calcs will be for amount! of £5O eAdLIOO.

frod,rs in the annexed form will be received on or before the

—The Directon do not bind themselves to accept the highest or
any tender. —By order of the Board,
HARRISON WATSON, Chairman.
Grisham.house London, March 10, 18S8.
CAPE RAILWAY COMPANY.
Tiepin FOR DIUMITURE UTOCL
To the Directors of the Cape Railway Caimans
No.

Marsh
OenDemon, —Haring this day paid to your bankers the sum of
L . I beg to tender for the sum of g of the Debenture
Rock proposed to be issued In accordance with the notice of the
10th instant, at the price of L for each £lOO of the same,
and I agree to accept the same or any hiss amount you may
allot roe, and to pay for the same In the proportions and at the
time in the said notice stated.

Name
Addreee
This portion to be forwarded to the Company on ec before
the itith of March, DM
CAPE RAILWAY COMPANY.
DEPOSIT ON TENDER FOR DEBENTURE SPOOR.
No.
Received of of the.® of A
In accordance with the Company's notice of March 10, INN.
For