The Sun.
London, England, 1852-09-10 00:00:00

BEZIERS TO GRAISSESSAC RAILWAY,
Joining the Bordeaux and Cettc Line at healers.
Capital 720,000/. (18Deposit ,000,000 f.), in 36,000
Share.
Shares of 201,
(ONO each,
(50L) per
BOARD OF DIRECTORS.
MM. Marqucomiste de Paul
Carteret, St. Paul
Carteret, ancien conseiller d'Etat
David, aine, Poitiers
Sabatier d'.Espeiran, Montpellier
P. Monteaux, Paris.
With power to add to their number.
BANKERS.
In London—Messrs. Barclay, Bevan, and Co.
In Paris—Messrs. Greene and CO.
AGENTS IN LONDON.
Messrs. Monteaux, Schulhoff, And CO.
SECRETARY PRO TEL
W. P. Ingelow, Esq.
Offices, 17, Gracechurch-street.

The concession of the above Railway is obtained. The Decree,
signed by the President of the Republic, is in the hands of the Minis-
ter of Public Works, and will be defiaitive as soon as the usual for-
malities have been fulfilled.
The required caution money was paid on the 26th ult., by the Con-
cessiennaires.
The grant is for 99 years.

The line going through a wealthy and populous district, both
agricultural and manufacturing, will join at Beziers the Bordeaux
and Cette Railway, as well as the " Canal du Midi," the distance
being 33 miles.

It establishes a communication, long wished for by the Government,
between the rich collieries of Graissessac and Agde, Cette, Marseille,
Toulon, and by these ports with the whole Mediterranean, as giving
great facility for supplying the French navy with coal.
The proprietors of the coal mines have already proposed a treaty,
securing to the Railway Company a minimum of transport of 100,000
tons per year.

This certain source of revenue, added to the actually existing
traffic, taken from official returns transmitted by the Prefecture of
the Department de llierault, insures a dividend of at least 6 per
cent. for the first year ;* but the quantity of 100,000 tons will soon
double, and taking into account the usual increase consequent upon
the establishment of railways, the passenger and merchandize traffic
will augment in a like proportion.
An experienced English Engineer, Mr. Charles Mutton Gregory,
who was sent by the Coneessionnaires to examine carefully the lo-
calities, plans, estimates, &c., &c., gives in his professional report the
following opinion on the subject:—
" I have no hesitation in saying that the more I see of the pros-
pects of this line, the more promising they appear to be ; and I be-
lieve that yon would be speaking much within the bounds of mode-
ration in assuring an ultimate interest, within a short period, of
more than 10 per cent. on the capital."
This railway has been considered so worthy of attention that, in
1846, the "Ingenieurs des Ponta et Chaussees" traced it out by
order of the Minister of Public Works. The direction of the line
then proposed, with the important modifications resulting from
the recent surveys made for the Concessionnaires, has been the
basis adopted for the treaty passed between the Government and
the Coneessionnaires.
The Concessionnaires have entered into a contractwith responsible
contractors, who have undertaken to establish the line, construct
the works, the rolling stock, the whole, according to the " Cahier
des Charges," at a price within the proposed capital, viz., for
the sum of 16,800,000 f. This contract, according to the agree-
ment with the Concessionnaires, is made over by them to the
Company, thus giving the assurance that the capital cannot be
exceeded.
The deposit will be paid into Messrs. Barclay, Bevan, and Co.vs,
and will be remitted to the Directors in France by Messrs. Mon-
teaux, Schnlhoff, and Co., on receipt of the certificates of the consti-
tuted shares.
Interest at the rate of 4 per cent. will be paid during the con-
struction.
Applications for shares to be made to Messrs. Monteanx, Schulhof,
and Co., 17, Gracechurch-street ; and Mr. T. 17zielli, 75, Old Broad-
street.
To the Directors of the Beziers to Graissessac Railway.
Gentlemen,—l request you will allot me shares in the above
Railway, and I agree to accept the same, or any less number that
may be allotted to me, and to pay the deposit thereon.
I am, gentlemen, yours obediently,
Name • • ....... ..... . ...... .
Date • • ........ • • • • • • • • ......

Reference •••• •••• • '''''''''

• Traffic as it now exists on the road, without increase :
f 467,500
Goods : 65,000 tons at 7% cents. per kilom - - •
Travellers : 400 a day upon an average of 40 kiloms, at

365,100
75,000