The Sun.
London, England, 1852-07-30 00:00:00

N°.18,676.]

rrHE CHIRIQUI ROAD COMPANY, for
A the Junction of the Atlantic and Pacific Oceans, Provisionally
Registered under 7 and S Vict., cap. 110, to be Incorporated by Royal
Charter, by which the liability of the Shareholder will be limited to
the amount'of his shares.
Capital £200,000, in 40,000 Shares of £5 each.
The first payment (not to exceed 1/. per Share) will be required
when the Royal Charter shall be completed.
DIRECTORS.

Jonn David Barry, Esq., Director of Orleans and Bordeaux Rail-

way Comp Etn y.
James Davidson, Esq., merchant, Walbrook.
William Brand, Esq., merchant, Fenchurch-street.
Colonel Landmann, Kingsland (late R.E.)
William Matheson, Esq., Gillingham, Kent.

_ .
John W. Rathbone, Esq., Bell Vue, Lancashire.
Tames Walkinshaw, Esq., Regent-street.

AUDITORS.
James Atkinson, Esq., 13, Clement's-lane, Lombard-street.
J. C. Hardy, Esq., Managing Director of National Assurance
Company.
BANKERS.—The Commercial Bank of London.
BROKERS.—Thomas MOROR, Esq., Austin-friars; Messrs. Field,.

Son, and Wood, Warnford-court.
SECRETARY.—James 11`Queen, 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 across the
province of Chiriqui, situated in Terra Firma Proper, in the Re-
public of New Grenada, under many advantages unattainable by any
analogous undertaking, especially the essential ones of good termin-
able 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 grant 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 enterprise will then be repaid pro-rata to the proprietors of
shares.
The termini of the peopooeti-eoad are in the Lagoon. of Chiriqui, on
the Atlantic coast, and in the Bay of Chiriqui, OR the Pacific side.
The harbours and anchorage at these termini are excellent.
Through the whole lino the country is very healthy. The coast on
the Atlantic terminus was surveyed by her Majesty's ship Thunder,
and that on the Pacific by her Majesty's ship Herald. These offi-
cial surveys, copies of which have been obtained fromthe Admiralty,
fully establish the advantages here asserted, and are highly favour-
able 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 steepest gradient only 18 feet to the mile.
The distance from the Atlantic to the Pacific in a direct line is
only 40 geographical miles, and the length of wood will not exceed 50
miles. The facilities for its construction are very great.
The Chiriqui road may be open for traffic in one year, and in full
working order within. 18 months from the period of its commence-
ment. When completed the whole distance may be travelled within
eight hours.
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,
and a considerable portion of the specie from the same coast. A por-
tion of the trade between Great Britain and Australia and New Zea-
land, and that of the other islands of the Pacific, may also be fairly
cculatea. upon. A considerable portion of the gold procured in Aus-
tralia will be transmitted across this route. Notwithstanding the
existing difficulties upwardsfof 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 lines of steam-ships will vastly increase the amount
of traffic and travel across the Isthmus, placing 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-
struction of the road at the estimated cost, and will immediately at
their own expense send their
surveyors and staff to the locality to
make the final survey.

The Directors have the satisfaction of announcing that her
Majesty's Government have acz.eded to the request of the pro-
moters for the grant of a Royal Charter of Incorporation, by which
the liability of the shareholders will be limited to the amount of
their shares, and no payment will be 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
prospectuses, with accompanying maps,
showing the situation of the
proposed route relative to the Panama and Nicargua routes, and the
proposed Tehuantepec and other routes, as also the relative distances
of these route, across the Isthmus of Central America, and the dis-
tances to San Francisco, and to Sydney (New South Wales), by New
Zealand, from England, New York, &c.
JAMES MACQUEEN, Secretary.

TO THE DIRECTORS OF TIIE CIIIRIQUI ROAD COMPANY, FOR THE
JUNCTION OF THE ATLANTIC AND PACIFIC OCEANS.
Gentlemen,—l hereby apply for parts or shares of 5/.
each in the above Company, and agree to accept the same, or such
lesser number as may be allotted to me, and to pay the amount
thereof by instalments when required so to do.
Dated this day of July, 1852.
Name ..... ........ ..........
Occupation • • .• • • • • • • • • •• •• •• •• •• ........
Reference and address.. ..... .............

SECURITY TO EMPLOYERS.
TO SECRETARIES OF PUBLIC INSTITUTIONS,
CLERKS, STATION-MASTERS, RAILWAY OFFICIALS,
BANKERS' CLERKS, TRAVELLERS, AND OTHERS.
TIMES LIFE ASSURANCE and
GUARANTEE COMPANY.
32, Ludgate-hill, London.
GUARANTEE FOR FIDELITY OF TRUST.
PROFITS DIVIDED.
RATES—From is. 6d. per cent. upwards. No charge for Stamps
An allowance made in the Guarantee Premium Where a Life As..
urs.nce and Guarantee are combined.
LIFE ASSURANCE.
Policies Indisputable save in cases of Fraud.
Arrangements can be made with this Office to prevent the loss of a
Policy where the AsSUr la unable, from temporary embarrassment,
to keep up the payments,ed

11. B. SHERIDAN.
TIMES FIRE AND PROPERTY ASSURANCE COMPANY.
Every description of Fire Assurance. Profits Divided.

Agents Wanted.
U. B. SHERIDAN.