The Sun.
London, England, 1852-07-28 00:00:00

BANNERS. 7The Commercial Bank of London.

EROKER9.—Thomas Moxon, Esq., Austin-friars; Messrs. Field
Son, and Wood, Warnford-court.
SECRETARY.—Jaques 3l'Queen,

Tempbrary Offices of the Company, 4, Princes-street, Bank,
London.
This Company l formed for the purpose -of connecting the Atlan-
tic and Pacific Oceans by the construction of a plank road across the
province of Chiriqui, s,linated in .Terra Firma ripper, in the Be-
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 privilegeto 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 cap.
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 proposed toad are in the Lagoon of Chiriqui, on
the Atlantic coast, and In the Bay of Chiriqui, on the Pacific side.
The harbours and anchorage at these termini are excellent.
Through the whole line 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 from the Admiralty,
fully establish the advantages here asserted, and are highly faveur-
able to the eroposed enterprise.
The rout 11115 bciibllg ltnnern aria used liro4l4l*road;
The highest elevation of the line of road between the two oceans
is only lf,o feet, and the steepest gradient only 18 feet to the mile.
The distance from the Atlantis 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 bei- travelled within
eight hours.
This route is in the most direct line from Europe to the colonies of
Aristralia and New Zealand, and as the route for thaCalifornia emi-
gration, it is far superior to either the Panama or the San Juan de
Nicaragua.signedtoand lf t
from
musti the awlseosit cnsteLret
of America,transitthe both of
north and south,mercbandisecon
and a considerable portion-of the specie from the same coast. A por-
rnaliaayaalnsdoNbeewfaZierla;
he
_fit
id procured in .elliaaninetoi
af andttupon.h t tradeo thefbAc tc
ow eonetshl
considerable
sae
,alt
en Britain
ro ft
portion
aeonfdthe
Pacific, r
Aus-
tralia will be transmitted across this route. Notwithstanding the
'existing 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 neev 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 200,000/., 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 communal intercourse by ai
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. Parings,
of London, railway contractors, are ready to uedertake the con-
struction cf this road at the estimated cost, and will immediately at
their own expense send their surveyors and staff '9 the locality to
make the final survey.
The Directors have the satisfaction of announcing that her
Majesty's Government hiVe acmded 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 he required until the Charter Shall'
have been
forpletes'll:aies to be made to the brokers of the Company,
or aN'
to oppbtlheie6e 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 this route relative to the Panama and Nicargua 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 San Francisco, and to eydney (New South Wales), by New
Zealand, from England, New York, &c.

JAMES AIACQUEEN, Secretary.
TO TEIE DIRECTORS OP THE CHIRIQUI ROAD COMPANY, FOR THE
JUNCTION OF THE ATLANTIC AND PACIFIC OCEANS.
Gentlemen, —I hereby apply for parts or shares of 51.
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 ofJuly, 1852.
Name •., • • .... • • ..... ..„ ..........
Address ..
Reference and address.. • ..........