The Sun.
London, England, 1864-03-26 00:00:00

DIRECTORS.

W. M. Baillie, Esq., Old Bank, Bristol, Director of the Con-
tract Corp .ffation.
Arthur G. Chapman. Esq.
Charles Capper, Esq., ➢iincin;'-lane.
Rich rd Cooke Coles, Esq , St. Hel n's-place, Director of the

Royal Insurance Company.
Tbonyis Dakin, Esq., Alderman, President of the Great
Western Railway of Canada, Director of the Contract Cor-
poration.
Geo. Knight, Esq., Great George-street.
Ippolyte Leonino, Fsq. (I. Leonino and Co.), Copthall-court.
(May. us Ommanney, Esq. (Hallett, Ommanney, and Co.),
Director of the Contract Corporation.
Robert Porter, 14:sq., Director of the Bank of London and
Bank of New Zealand.
John Smith, Esq., Gre 4t George-street.
Geo. Thomson, Esq. (Mess-s. Anderson, Thomson, and Co.)
T. Tubini, Esq. (B. Tubini and Co.), Threadneedle-street.

MANAGING DIRECTOR.
George Knight, Esq.
SOLICITOUS.
Messrs. Edwards and Co., Westminster.
Messrs. Newbon, Evans, and Co., Nicholas-lane.

BANKERS.
Bank of London.
AUDITORS.
Messrs. Ccoper Brothers and Co.
BROKERS.
Messrs. P. Cazenove and Co , Threadneedle-street.
TEMPORARY OFFICES.
31 and 21, Threadnee Jle-street, and
1, Great George-street, 'Westminster.
SECRETARY (pro tern.)
J. C. liandfield, Esq.

1. This Company has been constituted as an auxiliary to
the " Contract Corporation."
2. The Company will undertake the construction of Rail-
ways and o her public works es die in u shed irrun the busi-
ness of the Contract Corporation, which consists principally
of the negotiation and acceptance of contrasts, and the finan-
cial measures connected therewith.
3. The two Companies will work in harmony, but inde-
pendently of each other.
4. The operations of this Company will be conducted by.the
eminent contractors Messrs. Smith and Knight, who have
transferred their whole business and interest on highly ad-
vantageous terms; all their valuable plant and existinc,
contracts (including that for the construction of the Royal
Sardinian Railway recently entered into) being ceded to the
Company. The plant will be paid for in cash, and the re-
maining interest principally in shares, such shares b&ing
taken with £5 only per share credited thereon.
5. The numerous applications to Parliament in the present
se4sion for powers to canstru A branch and ad itional rail-
ways, and the well-known increasing demand for railways
and other public works, not only in Europe and the colonies.
but in all parts of the civilised world, open a wide field for
the profitable employment of capitaL
6. The Direc ors consider that, wi h all the elements of
success, viz., a large working capital, the assistance of a
powerful financ'al corporation, coupled with the experience
an i superintendence of parties conver4ant with the pra: tical
details of the business, with an identity of interest, the pros-
pec!s of the Company are such as are ,seldom brought under
public notice,
7. In the event of no allotment of shares being made. the
deposit will be returned in full. Should a lees number of
shares be allotted than are applied for, the deposit will be
made available towards the payment on allotment, and the
balance, if any, returned to the applicant. Prospectuses and
forms of aptlicat.on for s area may be obtained ,et the offi:es
of the Company, of the Brokers, and of the Solicitors.
March, 1864.
SMITH, KNIGHT, AND COMPANY (Limited).
FORM OF APPLICATION FOR SHARES,
To be retained by the Bankers.

No.—
To the Directors of Smith, Knight, and Company (Limited).
Gentlemen,—Having paid to your bankers, the Bank of
London, the sum of .£ , being a deposit of £1 per share
on shares in the atove Company. I hereby request that
you will allot me that number, and I agree to accept such
shares or any less number you may allot to me ; and I agree
to nay the deposit on allotment, and to sign the Articles of
Association of the Company when required, and I authorise
you to insert my name on the Register of Members for the
number of shares allotted to me.
Usual signature
Name in full
Residence
Profession
Date March, 1864.

SMITH, KNIGHT. AND COMPANY
(Limited).
NOTICE.—The SHARE LIST wll be CLOSED at Four
o'clock on MONDAY, the 28th March, for London, and
TUESDAY, the 29th, for Country applications.
By order,
G. C. IitiNDFIELD, Secretary, pro tern.
London, March 23, 1864.

500 BUSINESSES.-Mr. ANDW. HIND'S
MARCH LIST,
Containing Businesses, Premises, Partnerships, &c., Gratis.
Letters, enclose stamp.—Partioulars entered free.
OFFICES—CORNER OF LITTLE CARTER-LANE, ST. PAUL'S.

TO CARMEN.—Mr. ANDREW HIND has
for SALE a capital BUSINESS, returning £4' per
week. Stabling, yard, and country house. Rent, £25. Price,
including* eight horses, vans, cart, trolley, harness, &c., £350.
Offices, corner of Little Carter-lane, St. Paul's.

TO GROCERS, &o.—Mr. ANDREW HIND
has for SALE a genuine BUSINESS, nine miles from
town. Good house, shop, and outbuildings. Rent £3O.
Trade, £25 per week. Price £l5O. Also the following:—
Bla:ktriars.
£130; Holborn, £200; tterylebone, £200; Bays-
water, £l4O ; Bermondsey, £7O, °Mew, corner of Little
Carter-lane, St. Paul's.

DAIRY and MILKWALK. City.—Mr. ANDW.
HIND has for SALE the above, doing thirteen barn
gallons per day. Good shop, ten rooms, stable, &c. Rent,
£55. Price, with horse and cart, £2OO. Offices, corner of
Little Carter-lane, St. Paul's.

DINING-ROOMS.- Mr. ANDREW HIND
has for SALE a capital BUSINESS, near the City.
U use of eight rooms. Rent, £53. Trade, £5O per week.
Price, £9OO, Also the follow ng :—Lambeth, LBO ; sou h
district, £5OO ; Islington, £B5, ko. Offices, Little Carter-lane,
St. Paul's.

BOOT and SHOE TRADE. Notting-hill.—Mr.
ANDREW HIND has to LET capital PREMISES,
comprising shop, nine rooms, &c. Rent, Zt,O. Returns, £7OO.
Fixtures, £6O. Offices, Little Caner. lane, St. Paul's.

TO BUILDERS, HOUSE AGENTS, &c.—Mr.
ANDREW HIND is instructed to DISPOSE OF a
first-class BUSINESS, four miles west, Proprietor retiring.
Large and ( onyenient premises, at the nominal rent of £25.
Lease. 15 years. Returns £4,060. May be increased to any
extent. Price, including plant, £6.0. Offices, corner of
Little Carter-lane, St. Paul s.

RESIDENCES.—Mr: ANDREW HIND has
to LET a convenient HOUSE, eight miles from town
and near a station, containing three sI ting and nine bed
rooms, with usual offices, outbuildings, farm yard, gardens,
snd paddock. Rent, 90 gu neas ; or furnished, £2OO. Also
the following :—Red Hill, rent £BO, or to be sell for £900;
Cheltenham, £7O ; Brixton-hill, £lO5 and £BO ; Esher, £4O ;
Lewisham, £5O ; Essex. with seven acres, £l2O, &c. Offices,
corner of Little Carter-lane, St. P tu '5,

SAW MILLS.—Mr. ANDREW HIND has to
LET capilal PREMISES two miles from the Bank,
comprising good ten roomed house, large yard and sheds,
with 20 horse engine, saw bench and frames, planing ma-
chine, &c. Rent, with use of plant £2OO. Offices, owner of
,Little Carter-lane, _
.

A. Six-roomed Parsonage £74 3 0
An Eight-roomed ditto
A Ten-roomed ditto
A Twelve-roomed ditto

Together with a Price List of purified Bedding, and a mass
of valuable informationto all requiring househ 31d furniture,
carpets, or bedding. References kindly permitted to Clergy-
men and gentlemen in or near Great Malvern, Southampton,
Chichester, Bury, Ely, Preston, Grimsby, Ryde, Plymouth,
Wells. Oxford, Brighton, Gainsboroutrh, Margate. Kidder-
minster, Wellington, Croydon. Cambridge, Staines, Dorking,
St. Alban's, Worcester, Ipswich, Peterborough, St. David's,
Wrexham, and above 500 other places in all parts of Great
Brit/CIA.
COBBETT and CO., General House Furnishers, Deptford-
bridge, London, S.E,

ATLANTIC AND GREAT WESTERN
RAILWAY.

ISSUE OF SECOND MORTGAGE BONDS.
PAYABLE IN LONDON.
801,060 dollars (X 180,000) New York DlVlBloO—Due in 1881.
1,000,000 dollars (£225,030) Pennsylvania Division—Due in
1882.
Secured by a Registered Mortgage, coaslituting a lien on
the income and all corporate rights, privileges, lands, fran-
chises, plant and property of the Pennsylvania and New York
divisions of the Railway.
The Bonds are redeemable in New York or in London at
4s. 6d. per dollar, and are transfevable without stamp or en-
dorsement; 4 per cent. of the gross amount will be drawn
yearly in July, commencing in 1885, to be pa'd off at par in
London ; Interest Coupons are attached to the Bonds, pay-
able semi-annually, at the Consolidated Bank in London, at
the fixed rate of 4s. to the dollar.
The Bonds will be issued at 70. viz. :
Bonds of 100 dola. at £l5 155., with interest from April, 1,1864.
„ 503 „ £7B 155., „
1,000 „ £157105., „
The Coupons represent £l4 per annum on each bond of
1,000 dollars (£.225), or nearly 9 per cent.

TO THE BONDHOLDERS OF THE ATLANTIC AND
GREAT WESTERN RAILWAY.

When the First Mortgage Bonds of the Pennsylvania Sec-
tion of this Railway were issued, it was uncertain whether
the Company would proceed immediately with the construc-
tion of the road beyond Akron (in which case arrangements
would have been made with other Companies for the com-
pleting link from thence to Dayton), or at once push forward
the whole line, and so keep the command of the traffic.
The business of the ortion of the road between Salamanca
and Akron, and of the branches, developed so rapidly, being
only limited by the supply of Rolling Stock, that the Direc-
tors decides to open the Railway throughout its whole ex-
tent with all possible despatch. This policy, under their
able engineer, Mr. Kennard, has been so energetically carried
out that the line is now in operation as far as Ga ion, and
will be ready for traffic to Dayton by the Ist of May. It has
therefore become desirable to offer the Second 'Mortgage
Bonds some months earlier than was contemplated when tae
last issue of Bonds was made.
In order, however, that the original subscribers to, or the
present holders of, the First Mortgage Bond • may in no way
be prejud'ced by thi, issue of the Second Mortgage, it is pro-
posed to give to existing holders the privilege of subscribing
for these Bonds, at the rate of one Band for every two now
held, at a concession in price equal to a liberal Bonus.
In May the whole system of this Railway will be in opera-
tion, consisting of—
The Main Line from Salamanca to Dayton 385 miles
Thr -d 67 I,

le Branch to Cleve'an,

The Franklin Branca and the Oil Creek
Railway
In all about 506 mile i—of which 30t have been successfully
worked during the winter. On the Ist of May it is intended
to run Express Trains through from New York, v'a the Erle,
Atlantic and Great Western, Cincinnati, Hamilton, and
Dayton, and Ohio and Miss asippi Railways, to St. Louis-
-1,20u miles, in 10 hours, without break of gauge or change of
carriages.
The income of the i3or'ion of the line opened has reached
£3O per mi e per week within rue year of the opening of the
through route the recetets will be £6O per mile per week—
which will give dividend on the shares exceeding 25 i.er
cent., after providing for all expenditure and the interest on
the whole issue of Bonds
Dividends from 15 to 25 per cent are not unusual on well-
constructed and properly administered American Railways ;
from the numerous elements of prosperity held by the At-
lantic and Great Western, it is believed that the mileage re-
ce,pts will shortly equal those if the London and North-
Western and other leading Eng ish Railways, whose cost of
construction 11, s been four-fold great er.
The Atlantic and Great Western has almost a monopoly of
the Petroleum traffic, and passes over the most extensive
bituminous ioal fields in the world, for which an unlimited
market is about being opened in Canada ; and for its traffic in
aoTicultural products a .eaoing American authority says that
when some contemplated extensions are made. " le,oo eight-
wheeled freight cars and 500 locomotives will not suffice."
The Bonds and Shares authorised to be issued over the
main line and extensions are

let Mort. 2d Mort- Shares. Total.
gage. gage.
Miles.
New York Did- Dols. Dols. Dols. Dols.
sion
Pennsylvania
Ohio 246 4,00,000 4,000,030 6,000,000 14,000,000
Branches and Ex-
tensions l2l 958,' 00 50',001 1,458,000
- - -
Dols. Dols. Dols. Dols.
506 8,458„00 5,8)' ,(00 9,500,000 23,738,000
.£
1,903;50 1,3 f,0:10 2,131,5c0

:elled ly operation of Sinking

* 39,000 dole. have been Clll
Fund.
.1. 1,, 00,000 dole. have been cancelled by op:ration of Sinking
Fund.
The price of issue has been fixed at "0, and the privilege of
snbserbing will remain open until tie
6th of April for the
present bondholders, either directly ot through their brokers.
The terms of issue are as follows :-
5 per cent. on application, being I L 0
- Per Boad of 1,0" 0 dol.
10 „ al otment „ 22 '1 0
15 21 MY „ 33 0
20 „ 16th May „ 45 1 0
If fl
20 „ let June „ 45 ) 0