The Sun.
London, England, 1852-07-12 00:00:00

THE CFIIRIQIII ROAD COMPANY, for
the enaction of the Atlantic and Pacific Ocean, Provisionally
..gistered under 9 an which of Victoria, cap. 110, to be Incorporated
revel Charter, by the liability of the Shareholder will be
-sited to the atnaunt of his share
Capital £200,000, in 40,000 Shares of £5 each.
-lie first payment (not to exceed 11. per Shore) will be required
when the Royal t. harter shall be completed.
DIRECTORS.
, 1 I David Barry, Esq , Director of Orleans and Bordeaux Rail-
way Compaeye
Jame e Davidson, Eel, merchant, Walbrook.
eVilliain B, and, Esq., merohant, Fenc urch-street.
Colonel Landmann, Kingaland (late R.E.)
Williesa Matheson, Esq., Gillingham, Kent.
John W. Rathbone, Esq., Bell Vne, Lancashire.
fj. J. Strutt, Esq., Crawford Lodge, Middle/sex.
James Walkinshaw, Esq., Regent-street.
AUDITORS.
James Atkinson, Esq., 13, Clements-lane, Lombard-street.
J. C. Hardy, Esq., Managing Director of National Guarhan Assur-
ance Company.
Baexerts.—The Commercial Bank of London.
BaoKtes.—Thomas Moxoa, Esq., Austin-friars ; Messrs. Field,
Son, and Wood, Wernford-court.
.SECRETARY. James 3PQnees, Esq., F.R.G.S.
Temporary Offices of the Company, 4, Princes-street, Bank,
London.
This Company is formed for the purpose of connecting the Atlan-
tic and Pacific Oceans by the construction of a plank road (a des-
cription of road well known and much used both in British North
America and the United States) across the province of Chiriqui,
situated in feria Firma Proper, in the Republic of New Grenada,
under many advantages unattainable by any analogous undertaking.
more especially those of good terminable harbourage, and safety,
facility, and directness of access.
A grant from the Government conferring, all the land necessary
for the construction of the road, and all necessary buildings, has
already been obtained, with the exclusive privilege to the Proprietors
of
the road to establish and collect such toll and passage money as they
shall think proper.
The greet is for the period of 60 years ; at the expiration of that
term the road is to be surrendered to the Governor of the province
as provincial property, and the entire amount of the original ca-
pital accumulated by a reserved fund to be laid aside from the profit
of the entererise will then be repaid pro-rata to the proprietors of
the shares.
The termini of the proposed road are in the Lagoon of Chiriqui, on
the Atlantic coast, and in the Bay of Chiriel—t on the Pacific side.
The harbours and anchorage at these termini are excellent.
Through the whole line the country very healthy. The Celle
t.
the Atlantic terminus was surveyed by her Majesty's ship Thunder,
and that on the Pacific by her alajesty's ship H These offi-
cial surveys, copies or which have been obtainedf.romthe admiralty,
are highly favourable to the proposed enterprise.
The route has been long known and used as a provincial road.
The highest elevation of the line of
road between the two oceans
is only 160 feet, and the steepestgradient only 18 feet to two of
The distance from the Atlantgo the Pacific In a direct line. is
and the length of road wid not exceed 50
only 40 geographical miles,n are very great.
miles. The facilities for its cons ru
ad m,y be open for traffic in one year, and in full
The Chiriqui road
order witten 18 months from the period of its Commence-
workingleted the whole distance may be travelled within
meet. When completed
e ght hone,
This route is in the most direct line from Europe to the colonies of
Australia and New Zealand, and as the route for the California emi-
gration, it is far superior to either the Panama or the San Juan de
Nicaragua.
It must also insure the transit of merchandise con-
signed to and from the west coast of America, both north and south,
et a considerable portion of the specie from the saute coast. A por-
tion of the trade between Great Britain and Australia and New Zee-
% and that of the other islands of the Pacific, may also be fairlY
calculated upon. A considerable portion of the gold procured in Aus-
tralia will be transmitted across this route. Notwithstanding exist-
ing difficulties upwards of 100,000 persons crossed the Isthmus of
Panama during the last year, and it is computed that the in-
creased inducements and facilities for trade and emigration fur-
nished by new lints t.f steam-ships will vastly rease the amount
of traffic and travel across the Isthmus, placiincng it beyond doubt
that this undertaking will produce immense returns.
The amount of capital necessary to complete and open the road in
perfect working order will be only 200,0001., and the revenue to be
derived from it, computed from the sources above indicated, will
yield a net profit on the entire capital of about 30 per cent., alter
making a very liberal deduction for expenses, and also laying aside
a reserve fund sufficient to replace the original capital, and provide
for any unforeseen contingencies.
In submitting this undertaking to the public, the Directors deem
it unnecessary to enlarge on its importance, or the vast advantages
and facilities which will be given to commercial intercourse by a
safe, speedy, and economical means of intercommunication, with
excellent harbours adapted to all purposes of trade, between the
Atlantic and Pacific Oceans. They are permitted to state, as a
gurrantee of its feasibility and realisation, that the Messrs. Warings,
of London, railway
contractors, are ready to undertake the con-
strnetion or the road at the estimate cost, and will immediately at
their own expense semi their surveyrs and staff co the locality to
make the final survey.
The Directors have the satisfaction of announcing that her
-majesty's Government have acceded to the request of the pro-
moters for the grant of a Royal Charter of Incorporation, by
which
the liability of the shareho Llers hill be limited to the amount of
their shares, and no payment will he required until the Charter shall
have been completed.
Applications for shares to be made to the brokers of the Company,
or to the Secretary, at the temporary offices of the Company, No.
4, Princes-street, Bank, London; where also may be obtained
showing the
prospectuses, with accompanying maps,situation of the
proposed route relative to the Panama and Nicargue routes, and the
proposed Tehuantepec and other routes, as also the relative distances
of these routes across the Isthmus of Central America, and the dis-
tances to an Francisco, and to Sydney,
Zealand, Irons England, New York, &c.
New South Wales, by New
JAMES 3IACQUEBN. Secretary.
To THE DIRECTORS OF THE CHIRIQUI ATLANTIC AND PACIFIC soAD
COMPANY.
Gentlemen, —I hereby apply for parts or shares of 51.
each in the above Company, and agree to aceept the same, or such
lesser number as may be allotted to me, and to pay the amount
thereof as and when required
Dated this day of

, 1852.

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ROYAL AUSTRALIAN BANKING AND
GOLD IMPORTING COMPANY.
To be incorporated by Royal Charter, with limited liability.
Capital 250,000/., in 50,000 Shares of 5/. each. Deposit 1/. per
Share.
GOVERNOR—JOHN MACGREGOR, Esq., M.P.
DIRECTORS.
Thomas Aggs, Esq., 1, Bishopsgate-street, Within.
William Bevan, Esq., Hyde House, Leominster.
George Cook, Esq., Wynyaw House, Fulham.
.John Gardiner, Esq., 23, Norfolk-road, Regent's Park.
Joh 1 MacGregor, Esq., M. 2., 1, Princes-terrace, Hyde Park.
.T. D. Hoare, Esq , Montague-street, Portman-square.
George N. Paine, Esq., Westbourne -grove, Bay swater.
John Charles Stovin, Esq , Acacia-road, St. John's Wood.
BANKERS—Messrs. Masterman and Co.
SOLIciToRs —Messrs. Mullins and Pad dison.
1; MMUS —J4 es srs. Field, Son, and Wood.
SECRETARY—Percy Drummond, Esq.
Offices-9, Moorgate-street, London.
The greatly increasing population, the commerce, the pastoral,
and agricultural riches of the colonies of New South Wales and Vic-
toria, the great success of the banks already established in Sydney,
Melbourne, and Geelong, together with the extraordinary yield of
the gold mines of these colonies, justly warrant the establishment of
a New Australian Bank, with branches in such towns as may appear
expedient.
It has therefore been proposed to form a new banking association,
to be entitled the Royal Australian Banking and Gold Importing
Company, to be incorporated under a Royal Charter.
The capital is proposed to be 250.0007., in 50,010 shares of 57. each,
on which a deposit of 11. each shall be paid, and no further call to be
made until the Roy al Charter shall hare been obtained, and not
then, except by a resolution agreed to by a majority at a general
meeting of Shareholaers, to be called together for that purpose, by
three regular advertisements in the " Times," and three other Lon-
don daily newspapers.
The object of the proposed Bank is to establish an office in Lon-
don for the purpose of reeulating and directing the general affairs
of the Company. A Bank will be established at Sydney, with
branches at afeltioume, and. if expedient, at Geelong, and
other populous towns. The bank and the branches to carry on the
ordinary business of banking by discounting hills, issuing
notes under the provisions granted by Charter, in proportion to the
paid-up capital, advancing money on undoubted security, and also
on consignment of gold ore and refined gold to the Company in
London; and purchasing cold In the colonies of New South Wales
and Victoria, together with the transaction of such other business
as may be safely and legitimately conducted bye Bank. To avoid
losses by fraud or neglect of duty, the managers, and all persons ap-
pointed by the Bank, win have to give competent security in England
for their fidelity and good conduct in those colonies.
A. great part of the above capital being already
subscribed, the
Royal Charter has been applied for, and is ander consideration of
the Board of Trade, and the Deed of Settlement will be completed
when the remaining shares are subscribed, and the deposit of 1/.
per share paid to the bankers.
The combined advantages of banking and gold purchasing are evt_
dent.
Firstly,—As a bank, an entirely new field is created by the im-
mense influx of population, which is being continuously added to
by the daily increasing emigration for the main purpose of raising
gold, for which the bank would afford a convenient and secure
place of deposit, as well as a market for its disposal, involving a
proportionate increase of trading operations and banking accommo-
dation. The shares of the banks already established in Australia
are now at high premiums, in one instance (the Union Bank Shares)
80 per cent.
Secondly,—By the purchase of gold in those colonies by a bank
at about 645. per ounce, with a market value here of about 80s., a
profit is shown of nearly 25 per cent. ; and looking at the enormous
quantity of the precious metal, this business would appear to be un-
limited, while the recent facilities of a regular steam-packet inter.
course, both by the way of the Cape of Good Hope, by Way of
Egypt, and shortly by way of Panama, will increase the profits on
the capital by enabling the Company to make frequent importations
of gold during the year.
Such are the sound and practical advantages which are submitted
by the Directors to the public, and which they will have the
greatest satisfaction, both as Directors and Shareholders, of
promptly carrying into execution, in the full confidence that this 1
Company will prove one of the most secure and profitable Invest-
meats of the day.
Applications for shares and prospectuses to be made on or before
the 14th day of July at the offices of theCoanerd
mpaony-,c90,u arttoo,
Throg.rgate..
street, or of Messrs. Field, Son, and Wood, w
morton.street; Messrs. Johnstone, Bradley, and Walker, brokers,
Manchester ; Messrs. S. R. and T. R. Healey, brokers, Liverpool ;
Mr. H. B. Beverley, broker, Leeds; Mr. P. Nightingale, broker,
Wakefield; Sir, W. Mudie, Glasgow ; Mr. A. W. La-
bertouche, broker, 43, Fleet-street, Dubin; Mr. Thomas Kell, broker,
Birmingham ; Mr. I. K. Thomas, broker, Bristol ; Messrs. Hughson
and Dobson,brokers,iderstie d.
Hull; brokers, Edinburgh ; and Messrs. T. W.,Fliat and Co ,
Gserge Lancashire and CO., —U'