The Sun.
London, England, 1864-03-12 00:00:00

BANK OF ENGLAND, March 8, 1864.
17, COURT of DIRECTORS of the
01, ERN° rr. and COMPANY of the BANK of ENG-
LA:ND 1; NOTION;. That a GENERAL COURT will
he held at the Sank on TIIURSDA.Y, the 17th in-taut, at
Twelve ~'clock precisely, t, consider of a Dividend.
Also, that another General Court will be held at the Bank
nn Tues'ay. the 5 h April next, from ten o'clock in the fore-
noo.l with four in the afternoon, fo the election of a Gover-
nor and Deputy-Governor for the year ensuing (which will
be declared that evening); and the same Court will be eon—
t'nued by adjournment, and held at the same place and during
the same licurs, on Wednesday, the 6:11 April next, for the
election of Twenly-four Directors (whi h will also be one of
the Quarterly lien.era! Courts appointed by the Charter), and
the election of iheiwentv-Lur Directors will be declared as
a on as the scrutiny is over,
Printed live; of the proprietor, having votes will be ready
to be delivered at the Bank on Monday, 21st March.

lIA.IIMOND CIiUFB, Assist.-Secretary.
N.B.—Fiv an Act passed in the seventh year of the reign e f
Ceorg•?. In. no Pers• n will be entitled to V.,te at the said
Elec ion who diall rat have been Six Calendar Months pus-
:teased in h s own right of the stock for which he shall hen
give his vote, unb-ss the said Stock shall have teen acquired
or shall have corm, by bequest, or by marriage, or by succes-
aion to an intes ate's estate, or by the custom of the city of
London, or by any deed of settlement after the death of any
pkrano wk. shall have ben en Wed tor life to the Dividends
or such Stock

pANAMA. NEW ZEALAND, and AUSTRA-
LIAN ROYAT. MAIL COMPANY (Limiter.
trntercoloniat Royal Mail Steam Packet Company, Limited.)
Registered under the Limited Liability Act, by which the
of every shareholder is limited to the amount of
his shares.

DIRECTORS.
Right lion. Lord Claud Hamilton. M.P., Chairman.
Captain George Blanc, R N., 21. Prince's-gardens.
Eden Colville, Esq., Director of the Royal Mail Steam Packet
Company.
George Edmett, Esq., The Elms, Maidstone.
Captain C. B. Hamilton, RN., 55, St. George's-square.
Sir Richard G. A. Levinge, Bart.. M.P.
Edward P. W Miles, Esq. (Messrs. Miles Brothers and Co.),
London, Bristol, and New Zealand.
Vice-Admiral lit lion. Lord George Paulet, C.B.
Edward D. Rayment, Esq., Oakfield-house, Norwood.
Charles Turner, Esq., 11LP.. Chairman of the Pacific Steam
Navi,--at'on Company.
Rob?rt Wilson, Esq., 45, Cambridge-terrace, Hyde-park
AUDITORS.
Proposed to be ap:ointed at the OrUnary General Meeting
in May.
henry James Lubbock, Esq. (Messrs. Robarts, Lubbock, and
C 0.., and a Professional Accountant.
COLONIAL AUDITOR—R. T. Hal], Esq., Government Audit-
office, Sydney.
BANKERS.
Messrs. Robarts, Lubbock, and Co., London.
The Bank of Liverpool, Liverpool.
BROKERS.
Mcs:rs. J. Hutchinson and Sons, Angel-court, London.
Messrs. Tinley and Son, Liverpool.
SOLICITORS.
Messrs. Cunlifle and Beaumont, 43, Chancery-lane, London.
GENERAL MANAGER IN THE COLONIES.
Captain John Vine Hall,
SECRETARY.
James Worley, Esq.
Offices—No. 41, Moorgate-strzet, London, E.C.

INCREASE OF CAPITAL.
By the issue of 37,500 ordinary shares of £lO each, repre-
senting the nominal sum of £375,000. £1 per share 10 be paid
on application. 21 per phare 14 days after allotment, £3 per
share on the let October, 1884, and £2 per share theist April,
18G1, making a payment of 5:7 per share.
The Directors give notice that they are prepared to receive
applications for the new shares, the issue of which was autho-
rised by he Si ecial General Meeting held on the 3d March
instant, in order to enable the Company to perform the con-
tract receutiy entered into with the General Government of
New Zealand, for a monthly mail service between Sydney,
New Zealand. and Panama, in correspondence with the Royal
("Test India) Mail Company's steamers between Southampton
and As oilman (Isthmus of Panama .
The Intercolonial Royal Mail Steam Packet Company was
formed in 1858, under a contract to perform the mail service
betwe 'n the several provinces of New Zealand, and between
that colony and Sydney, for whit & they are at present in the
receipt of subsidies amounting to upwards of £36,000 per
annum.
Flora the commencement of the Panama I.ne, in May, 188,,
the minimum subsidies payable to the Company for the
oceanic and interprovincial services will amount to £96,0,0
per annum.
The Royal Mail Steam-packet Company, and the Pacific
Steam Navigation Company have agreed to enter Into work-
ing arrangements for through traffic, and their fleets, with
those of the three other steam lines, converging on the new
route, will operate as "feeders" to this Lompany's ships.
When, theretore, it is considered that New Zealand is 2,i 00
Miles nearer to England, via Panama, than by the present
overland route, and 4,000 miles nearer than by the Cape of Good
hope, and that the intended line will possess the advantage
of economy, both of time and money, there can be no doubt
a large portion of the existing p, 1
specie traffic, will be secured by thisassenger Company.l., ht goods, and
be
The nominal capital of the Company will, in the aggregate,
.2562, of which £4l ?,500 will be paid up.
The new bhares will be entitled to dividend from the re-
spective times when the instal,nents tall due, and on pay-
ments in advance interest at the rate of 5 percent. per annum
Will b 3 allowed.
l, The profits on existiaT lines arc alone sufficient to arg'n dividend on the new as well as on the old payshares. a
Detailed prospectuses reports, and forms of application for
e
all res can be obtained
at the offices of the Company, and of
th brokers and solicitors.
--__

THE ISLE of MAN RAILWAY COMPANY
(Limited)—DOUGLAS to PEEL.
Capital ZlOO,OOO, in 10,900 shares of £lO each, with usual
borrowing powers. Deposit £1 per share on application,
further payment on allotment £1 10a. per share.
Samuel DIRECTORS.
SViliiam Gibron Getty, Esq'' M.P Belfast.
Regent's-park, Lond
M.`Cormick, , Londonderry, and
on. Richard A. Mould, Eeq., Merchant, Liverpool.
T. fiat rison Ridley, Esq., Merchant. Liverpool.
Joseph Rigby, Esq., Kew, Surrey.
With power to add to their number.
BANKERS. The North and South Wales Bank, Liverpool.
Messrs. Durabell, Son, and Howard, Douglas.
G.W. Romans, ENGINEER.
Esq., C.E., 13, Queen.square,Westminster.
Messrs. Litt, SOLICITORS.
Liv
vledale, Ridley, and Bardswell, Brown's- build-
Samuel Barris, Douglas.
ThomasAUDITOR.
W. Read, Esq., 30, Castle-street, Liverpool.
SECRETARY.
Thomas Begot, Esq., 5, James-street, Liverpool.
BROKERS.
13! Charles/3- Drinkvvater. Esq, 32 Exchange•st. East, Liverpool.
Stanley, Esq.. 3, Throgmorton street, London.
Edward Ashworth, Esq., Exchange-chambers, Manchester.
M. J. Beverley, Erg., Leeds.
This Company has been formed for the construction of a
Railway from Douglas to Peel (passing through St. John's),
in the Isle of Mau. The improved trade of these important
towns, as well as the prosperous condition and increasing
Population of the island, and the rapid augmentation of the
number of visitors during late years, call fur the immediate
intreduction of railways.
The Agricultural capabilities of the Island are great ; and
its Mineral products are acknowledged to be rich in yield
and av,ve average value ; whilst around the Coast there
are extensive Fisheries, and an unlimited supply of Sea-
weed for Manure. The expense and trouble, however, of
land-carriage, have hitherto rendered these advantages com-
paratively unavailable.
Slate Quarries are in active operation; and the quality
of the Slate is equal in closeness of grain and durability to
any produced from the great 'Welsh quarries. The Granite
near St. John's compares favourably with that now used in
the Liverpool Dock Works, and would at once, by means of
railway facilities, become available for export.
One of the proposed Stations on the line will be at St.
John's, where the Courts of Tynwald meet, and which is
also the centre of the Foxdale mining district. The produce
of these mines is now brcught by land-carriage (there being
/10 water communication) to Douglas, a distance of nearly
ten miles, whilst Coals and other important materials, as
well as all necessaries required by the inland population,
are conveyed into the interior by the same mode. Besides
these items of traffic, the Fairs, which are frequently held
durilig the year in this district, must add considerably to
the annual revenue of the Company.
The principal towns are Douglas Peel, Castletown,
Ramsey, and Limey : Douglas being the chief port, and the
great commercial depot, as well as the principal place of
arrival and departure of the steam packets plying to and
from the Island. At the port of Peel the fisheries are prin-
cipally conducted, employing upwards of 1,000 vessels;
the place of destination for the produce is Douglas ; the
route is tedious, and the transit by the existing means ex-
pensive.
The access to the Island is easy, and the means of corn-
niunieation with Liverpool, Fleetwood, Whitehaven,
Silloth, Glasgow, Belfast, Dublin, and other ports, both by
sailing and steam vessels, are frequent and convenient.
Hence, Tourists visit the 'Wand in large numbers, above
100,000 passengers having been landed at its Ports during
the past year. Such Visitor., attracted by the antiquarian
relies, scenery, and other objects of interest, would, as a
matter of Coarse, go by the proposed Railway from Douglas
to the interior, and across the Island to Peel.
The highest medical authorities bear testimony to the
salubrity of the climate and purity of the water. The
picturesque is united with the more solid advantage of cheap
living, provisions being abundant and comparatively inex•
pensive, whilst the rates of duties on foreign produce are so
small as to render the Island most advantageous as a per-
manent place of residenee.
Her Majesty's Government and the Local Authorities are
now expending upwards of £60,000, for the improvement of
the Ports of Douglas and Peel.
The Electric Telegraph to England has been recently
established.
The Lines of Rail will be single, with requisite sidings.
The length of Line will be about twelve miles, and the
gradients easy throughout. The landowners and popula-
tion along it are most favourable to the project.
From Statistics recently collected on the spot, with much
care, by competent persons, and well supported by Official
Returns, it is confidently expected that the Traffic vet:l re-
turn a good Dividend upon the Invested Capital, The fol-
lowing is an Estimate of the Traffic :
Passengers, inclusive of Tourists £7,500 per annum.
Goods' Minerals, Fish, &c
Parcels and Mails

Working Expenses at even 50 per Cent £13,150
. 6,500

_
Leaving for Dividend

Plane, Sacliont, etc., of the Line are completed, and all
hecesAary fortns are being comlied with, in accordance with
the St ding Orders of the Court of Tynwald to obtain an
Act of the Local Parliament.
Neith. r Imperial or Local Taxes are levied in the Island,
and those heavy charges which tend so much to reduce the
value, of Railway property in England and other countries,
no less than to diminish the Shareholders' Dividends, can-
not, in any degree whatever, prevail with respect to this
Lino.

An eminent Contractor's fitm have agreed to purchase
the land make the Railway, provide and fit up all Stations,
furnish Rolling Stock for working the Line, and Telegraphs,
upon satisfactory terms. Interest at 5 per cent. per Annum
will be allowed, until the opening of the Line, on the amount
paid upon shares.
An advantageous arrangement can be made with respon-
sible parties to Lease the Line for 7. 14, or 21 years.
Forms of Application for Shares may be obtained from
the Secretary, Solicitors, or Brokers of the Company.

MESSRS. BOTT, JACKSON, AND CO.
execute COMMISSIONS on all races throughout the
year. Market price guaranteed. Remittances. London and
Westminster Hank. Post-office Orders payable at Camber-
tvell-park.
N.B.—Betting on the Waterloo Cup.
ii.ddress—RoTT and JACKSON, " Man of the World" Wine
Stores' GeQrge-otreuti Cuaberwell-Ras 149114".