The Sun.
London, England, 1864-04-05 00:00:00

COMMITTEE OF DIRECTOES,

Pending
sithe constitution, under the provisions of the conces-
on, of the Company as a S ociete Anonyme.
In Ent:land—
Somerset A. Beaumont. Esq., M.P. t Directors of till Anglo-
Frede, ick Engelha dt, Esq. j Austrian Bank.
J. P. Brown-Westhead, Esq., M.P., Deputy-Chairman of the
London and North-We tern Railway.

In Austria—
H. IT. Prince Leo Sapieha, President of the Carl-Ludwig

Railway.
Count `'Vladimir Borkowski, Dlreetor of the Car:-Ludwig
Rail w ay.
Charles Klein, Esq., President of the Chamber of Comm rce,
Vienna.

BANKERS IN LONDON,
Messrs. Glyn, Mil s, and Co., 67, Lombard-street, E.C.

BANKERS IN VIENNA.
The Anglo-Austrian Bank
SOLICITORS.

Messrs. Wrcliam, Dalrymple, Drake, and Ward, rarliament•
street.
BROKERS.

Messrs. Seymmr and Co., 38. Throgmorton-street.
Mews. Cazenove and Co., Threadneedle-street.
TEMPORARY OFFICES.
M, Old Broad-street.

The gr, at Trunk Railway from Vienna, in the direction of
the frontier of Mo!davia, is, at present complete as far as
Lemberg. e communication is effected by means of two
lines. The first being the Northern Railway, from Vienna
to Cracow; the second, the Carl-Ludwig lial-waYs from
Cracow to Lemberg.
The first of these lines pays about 14 per cent. upon its
capital. The second was completed only at the end of
and 1861.
but since its opening has paid 8 per cent. upon its capital,
consequently has never required to claim the guarantee of 5
per cent. accorded to it by the Austrian Government.
The present line is the continuation „f
ember
hasg to
Czernowitz, near the Moldavian irontier. The m
conession
been granted by the Austrian Government on terms un-
usually favourable to the company undertaking it.
The proposed railway, enter ng into the heart of the grain
and cattle-producing district whence the Car -Ludwig Inc
obtains its most important traffic, and being construL a
very considerably less cost, promises t) be more profitable
than its neighbour.
The continuance of the line through 310 davia to Galatz,
on the Danube 'for which a concession has recently been
granted by the Chambers of the Priiielpaiiti s), must neces-
sarily add laruely to the profits of
anthe Lemberg-Czernowiz
Railway, which will thus form intelral art in an un-
broken and direct railway commuuication between the Baltic,
the German Ocean, and the Black Sea.
he concession, the duration of which is ninety years, sti-
pulates for the comments ment of the works previous to the
ith January, 1t65, and for their comp'etion within three
years ; but provision is made tsr extension s.f these periods
in ea- e of political or fi 'asocial criais.
The Government guarantee a fixed sum of 4150,000 In silver
money as a net annual revenue of
the Governm
viding, for the payment of interest at 5 per cent. on the
Bonds, and for an annual sinking Lund, will leave a clear 7 per
cent. applicable to the share capitaL The sinkii, g fund will
be annually applied by lot to the redemption of the Bonds
and Shares at par. The proprietors of the Shares thus, from
time to time, redeemed will, for each share, receive a certifi-
cate entitling the bearer to a participation, during the re,
maining term of the concession, in all the profits of the Com-
pany exceeding 5 per of nt on the or;ginal capital.
A. contract, which wili be adopten by the Company, has
been entered into by the concessionaires with Mr. Brassey
for a sum of £2,450,000.
This contract provides for the construction of the rai way
in accordance with the terms of the concession, and for stock-
ing the same with r lling stock. It includes all the pre.i-
minary expenses of acquiring, the concession and forming
toe Company ; it makes provision for interest during con-
struction on paid up capital st the rate of 6 per ten'. per
annum ; and it covers an ample reserve for the expenses
of management until the railway shall be opened for public
trafilo.
The concession confers the requisite power to form a So-
ciete Anonyme with Shares to bear, r, whereby the liability
of the subscriber will be limited to the amount of 25 pe
cent of the nominal amount of their Shares.
The capital of the Societe Anonyme ill be £2,450,000; t-0
he issued, £1,20 ,OiU in Bonds, and £1,250,0.0 in Shares of
£2O cacti.
The Bonds have already been taken.
Preparatory to the formation of the Societe Anonyme
(which cannot be definitively conatitutei according to Aus-
trian law until 23 per cent. of the share cap,tal has beer_paid
w
up), the Lemberg-Czernowitz Railway Company has poen
for as a limited liability company, the shares inwhich
'A ill be exchanged for Shares of a like denom:nat:on in the
Societe Anonyme.
it copy of the &Moles of Association, of the concession, and
of the statutes under which it is proposed to constitute the
k-:oclete Anonyme, can be inspected at th.: Offices of the Soli-
citors, 46, Parliament-street.
Applications for Shares must be made in the annexed
form, addressed to the Directors of the lnternatand of the Anglo-Austrian Bank, but
Onal .n-
-considered, unless aceomranied by the
enloalarSp,,eliicentytio(Lniwnaiiltledb)
receipt of Messrs. Glyn,
Mills, and Co., or of t e Anglo-Ace-
tri n Eank, Vienna, tor £1 per Share on the number of
Shares applied for. This *um will be returned in the event
of the application not being acceded to, and, if an allotment
is made, it will be applied towards the payment of .£1 per
Share then due.

LEMBERG-CZERNOW (LITZ, RAILWAY CO3TPANY
imitl).
FORM OF APPLICATION FOR SHARES.
To be left h the Bankers.

No.
To the Directors of the International Financial Society
(Limited), and ot the Anglo-Austrian Bank.
Gentlemen,—llaving paid to Messrs. Glyn, Mills, and Co.,
the sum of .£ being £1 per Share on Shares,
of £2O each, which f request may be allotted to me in the
Lemberg-Czemowitz Hallway Company (Limited), and I
hereby agree to accept such Shares, or any less number, and
to become a member of the Company, and to have my name
placed on the Register of Members in respect ot the Shares
allotted to me.
I am. Gentlemen, your obedieit sirvant,
Name in full
Address in full
Date

O.VIE AND COLONIAL ASSURANCE
COMPANY, Limited.
NOTICE IS HEREBY GIVEN, that no further APPLI-
C kTIO y S for S HARES in this Comp iny will be received
from London atter WEDNESDAY, the 6th, and from the
Country after THURSDAY, the 7th April.

By order.
Temporary Offices, 1, East India-avenue, London,
April 2, 1864.