The Sun.
London, England, 1864-03-11 00:00:00

No.--

To the Director; of the Warrant Banking Company
mited).
Gentlemen,—Having pied to your Bankers the sum of being a Depo it of ,
.£1 per shit' e on shares in the above
Company, I hereby request that y6u will ,llot me that num-
ber, and I agree to become a member of the Company in re-
spect of such shires, or in respect of any less number you may
slot me ; and to a ori allotment the further deposit of ZI
r share thereon pay.i I reqest that my name may be placed
on the Regis .er of ambers for the s ares so alloted.
l ame in full
Res , deuce
Profession or business
Date

THE ISLE of MAN RAILWAY COMPANY
Ca pital (Limited)—DOUGLAS to PEEL.
£lOO,OOO, in. 10,000 shares of £lO each, with usual
borrowing powers. Deposit £1 per share on application,
further payment on allotment £1 10s. per share.
Samuel Gibson DIRECTORS.
Getty Esq M.P
Regent's-park, London, Belfast.
M'Cormick, , , Londonderry, and
Richard A. Moat,
Ridley, Esq., Merchant, Liverool.
T. Harrison R ,
Merchant. Liverp 001,
j"11 Rigby,
p
, Surrey.
With power to add to their number.
BANKERS.
The North and South Wales Bank, Liverpool.
Messrs. Dunabell, Son, and Howard, Uouglas,
ENGINEER.
G. W. ITemans, Esq., C. E., 13, Queen..square,Westminster.
vits.
Messrs, soLicri
Littledale, Ridley, :ad Bardswell, Brown's. build-
ings, Liverpool,
Bazoo.el Harris, Esq., Douglas.

"Thomas W. Read AUDITOR.
, Esq., 30, Castle-street, Liverpool.
SECRETARY.
Thomas Bagot, Esq ,5, James-street, Liverpool,
BROKERS.
P. E. Drinkwater, Es q , 32, Exchange. st. East, Liverpool.
Charles Stanley, Es q, 3, Throgmorton street, Loudon.
Edward Ashworth, Esq., Exchange chambers, Manchester.
M.. J. Beverley, Esq., Leeds.
This Company has been formed for the construction of a
Railway from Douglas to Peel (passing through St. John's),
in the Isle of Man. The improved trade of these important
towns, as well as the prosperous condition and increasing
Population of the island, and the rapid augmentation of the
number of visitors during hate years, call for the immediate
intr.duction of railways.
The Agricultural capabilities of the Island are great; and
its Mineral products are acknowledged to be rich in yield
and avove average value; whilst around the Coast there
are extensive Fisheries, and an unlimited supply of weed for for Manure. The expense and trouble,
however,e of
land-carriage, have hitherto rendered these advantages com-
paratively unavailable.
Slate Quarries are in active c,,peration ; and the quality
of the Slate is equal in closeness of grain and durability to
any produced from the treat Welsh quarries. The Granite
near St. John's corn tares favourably with that now used in
the Liverpool Do :x Works, and would at once, by means of
railway faciliti,„ become available for export.
One of. t",e proposed Stations on the line will be at St.
John i 3, wdlere the Courts of Tynwald meet, and which is
also tb..d centre of the Foxdale ruining district. The produce
of "'Ass) mines is now brcught by land-carriage (there being
-;) water communication) to Douglas, a distance of nearly
ban miles, whilst Coals and other important materials, as
`yell as all necessaries required by the inland population,
;are conveyed into the interior by the same mode. Besides
these items of traffic, the Fairs, which are frequently held
during the year in this district, must add considerably to
the annual revenue of the Company.
The principal towns are Douglas Peel, Castletown,
Ramsey, and Laxey : Douglas being the chief port, and the
great commercial depot, As well as the principal place of
arrival and departure of the steam packets plying to and
from the Island. At the port of Peel the fisheries are prin-
cipally conducted, employing upwards of 1,000 vessels;
the place of destination for the produce is Douglas ; the
-route is tedious, and the transit by the existing means ex- 1
pensive.'

The access to the Island is easy, and the means of cora-
munication with Liverpool, Fleetwood, Whitehaven,
Silloth, Glasgow, Belfast, Dublin, and other ports, both by
sailing and steam vessels, are frequent and convenient.
Hence, Tourists visit the bland in large numbers, above
100,000 passengers having been landed at its Ports
during
the past year. Such Visitors, attracted by the antiquarian
relics, scenery, and other objects of interest, would, as a
matter of course, go by the proposed Railway from Douglas
to the interior, and across the Island to Peel.
The highest medical authorities bear testimony to the
salubrity of the climate and purity of the water. The
Picturesque is united with the more solid advantage of cheap
living, provisions being abundant and comparatively inex-
Pensive, whilst the rates of duties on foreign produce are so
Atnall as to render the Island most advantageous as a per-
manent place of residenee.
hDer Majesty's Government and the Local Authorities are
w expending upwards of £60,000, for the improvement of
e Ports of Douglas and Peel
The Electric Telegraph to England has been recently
established.
The Lines of Rail will be single, with requisite sidings.
The length of Line will be about twelve miles, and the
gradients easy throughout. The landowners and popula-
tion along it are most favourable to the project.
From Statistics recently collected on the spot, with much
Returns, b
it isp con cometent persons , and well supported by Official
fidently expected that the Traffic wil re-
turn a good Dividend upon the Invested Capital, The fol-
lowing is an Estimate of the Traffic :
Passengers, inclusive of Tourists ...... £7,500 per annum.
Parcels and Mails
Goods Minerals Fish, &e ..
....... 5,500
................... 150

W X 13,150
Working Expenses at even 50 per Cent. 6,500

Leaving for Dividend ................ £0,6b0

Plans, Sections, &c., of the Line are completed, a necessary forms are being complied with, in h
accordance witll
the St• riding Orders of the Co urt of T
Act of the Local Parliament, ynwald to obtain an
Neither Imperial or Local Taxes are levied in the Island,
and those hevy charges which tend so much to reduce the
value of Railway property in England and other countries,
to less than to diminish the Shareholders' Dividends, can-
in. any degree whatever, prevail with respect to this
Lino.

An eminent Contractor's firm have agreed to purchase
the land, make the Railway, provide and fit up all Stations,
furnish Rolling Stock for working the Line, and Telegraphs,
UPon satisfactory terms. Interest at 5 per cent. per Annum
will be allowed, until the opening of the Line, on the amount
paid upon shares.
An advantageous arrangement can be made with respon-
sible parties to Lease the Line for 7. 14, or 21 years.
Forms of Application for Shares may bo obtained from
the Secretary, Solicitors, or Brokers of the Company,

THE WEST of ENGLAND WOOLLEN
MANUFACTURING COMPANY (Limited).
By New Machinery under Royal Letters Patent. Capital
£lOO,OOO in 10,000 Shares of £lO each. First issue, 5,000
Shares. £2 per Share to be paid on Allotment. The Balance
to be paid by instalments of £2 at intervals of not less than
Three Months. Registered under the Companies Act, 1862,
by which the liability of each Shareholder is limited to the
amount of his subscription. A considerable portion of the
capital is already applied for.
DIRECTORS.
FREDERICK BIGG, Esq,, Spring Mount, Champion Hill,
Surrey, S.
JOHN BRITTEN, Esq. (Messrs. Britten and Co.), London
Wall, London, E.C.
Lieutenant General CAE.MICHAEL, C. 8., Hyndford House,
Brom pton, S.W.
E. EDMONDS, Esq., J.P., Berryfield, Bradford-on-Avon.
MARSHALL HALL, Esq., J,P., Barrister-at-Law, Black-
lands Park, Caine, Wilts, and Temple, London, E.C.
J. B. PHILLIPS, Esq , Rawatenstall, near Manchester.
THOMAS EARLY blunt, Esq. (Messrs. Early and Smith,
Woollen Merchants and Army Clothiers), London, N.E.
E. H. WATTS, Esq., Woollen Merchant, Leeds.
OPINIONS OF FIRMS ON THE WOOLLEN TRADE.
" We, the undersigned, having examined the Patterns
and samples of Cloths and other Articles made by the pro-
cess referred to in this prospectus, entertain a favourable
opinion of the undertaking, and have no doubt but that,
with prudent management, it will prove successful.
" JONES, RANDALL, and WAY, 127, Cheapside.
" hio. and ROBERT VENABLES, 34, High-street. Aldgate.
"C. E. FULLER, 7, Basinghall-street (Messrs. Fuller and
Webb).
"T. B. SILCOCK, Bradford-on Avon,
"W. S. WHEELER ( Wheeler and Sons), Ludgale-street.
"J. COSTEKER (late Costeker and Co.), Cornhill.
" GEORGE MACDONA, late of Dublin."

Solicitors—Messrs. PARKE andPoLLocx, 63, Lincoln's-
Inn-Fields, London, W.C.
Bankers—The Alliance Bank (Limited), Lothbury, E.C.
Brokers—Messrs. FnooM BROTHERS, change Alley, Corn-
hill, London. •
Secretary (pro tem.)—Mr. ROBERT BULGIN.
Offices--28, Cornhill, London, E.C.
Auditors—Messrs. QUILTER, BALL, and Co., Public
Accountants, 3, Moorgate-street, London, E.C.
Local Auditor—Mr. HENRY WEAVER, Devises.
OBtECTS OF THE COMPANY.
The object of this Company is to establish Works for the
purpose of Manufacturing., with improved Machinery, which
has been secured byPatent, various descriptions of Woollen
Fabrics, by the process of Felting, whereby the cumbrous
and expensive Machinery used in Spinning and Weaving
is dispensed with, and a saving of time and material effected
of not less than 30 per cent.
In addition to the production of carpets and the various
descriptions of Felted Goods now in general demand, it is
intended by this Company to apply this process to a higher
class of goods than has hitherto been done in this country.
The adopti4n of Meltons, or undressed Cloth, as an article
of wear by the public, opens a large field for this branch,
as also blankets, Army Cloth, &c., though the promoters
see no limit to its operation, as it is capable of the manu-
facture of Cloth of the finest quality. The objection to the
old Felted Productions is entirely removed by the Patent
Process to be adopted.
RESULTS OP THE WORKING OF THE SYSTEM.
The principle of felting has been in operation to a con-
siderable extent, and worked with great success. The Felt
Company of Leeds, whose Patents are now expired, have
carried on this process with a prosperity notorious in that
seat of the woollen mantifaettire. In France and Germany
this mode has long been worked out with similar results.
In America (whence we have derived so many improve-
ments) this principle has been fully developed.

DESCRIPTION OP TRE PROPERTY.
The Directors have secured a spacious and newly -con-
structed Mill, worth silt acres of land, known as Stayer-
ton Mill," in the midst of the Woollen Manufactories of
Bradford-on-Avon and Trowbridge, in every respect espe-
cially eligible for the undertaking, having the great advantage
of water-power in addition to first class steam engines fitted
with all the latest improvements—whereby a very large per-
centage of fuel is saved, and which can be at work imme-
diately. On the estate are also gas works, cottages,
manager's dwelling, stables, ani various other buildings,
forming one of the most complete properties of the kind in
England. This freehold, together with a valuable patent,
founded on the improvements made in America, combined
with those resulting from many years' experience in this
country, has been purchased on advantageous terms, to be
paid partly in cash and partly in shares, which shares will
not participate in any profit until a dividend of 10 per cent.
ie paid on the 'ordinary shares.