The Sun.
London, England, 1862-08-06 00:00:00

OLDAVIAN RAILWAYS.
-1-11 davia From Galatz to the North-Western Frontier of Mot
Mines at kna.-
, to
OJassy (d r,: capital of Moldavia), and to the Salt
egtheCompany to br_; incorporated with Limited Liabilit ,
wi ay, under
Joint=tetock Companies Acts in En land
Subsidiary Incorporation in Moldavia.
4 CaPitalt £2,440,000, in 122,000 Shares of £2O or 500 francs
each; :and £1,000,000 in Debenture Bonds at 6 per cent.
Inter est at 6 per cent, per annum on the paid up capital
during; construction. A minimum dividend of 0 per cent.
per era on the whole capital is guaranteed by the Go-
ve•T ,meut of the United Principalities of Moldavia and
allachia, payable as each section is opened.
AGENTS FOR THE COMPANY—The Ottoman Bank.
BANKERS—Messrs. Glyn, Mills, and Co., London.
The Agents are instructed to receive subscriptions for
the above share capital on the following terms :
Payment on allotment.
„ 1 Feb., ..... £5 or 125 francs per share.
1863
1)
„ 1 .Augc,st, 1864. 2„ „ 50
11 1 Feb., 186.5 .. 2 „ 50
~ 1 I,ugust, 1865. 2 „ 50 3)
„ 1. Feb., 1866 2 „ 50
~ 1 Feb,, 1867 2 „ 50 >)

£2O 500 francs.
Each shareholder will have the option of Paying
-full on one-fourth of the shares allotted to Anoupptioinn
will also 'be reserved to the shareholders to him'take up the De-
t,he exercise
hbyentthuereshßeornehdoslwdehresnofththeyeiraroepitsiosunett
eythFweaiiilllibeg taken at par
byTtcl,iemceoent ttrhaecteoorosvineopieaoret
convenience
Jocro,Jartdtract sum.
payment
terlbers
will be madr3 ia the constitution of the Conipan'
issue of shetes "To Bearer," so soon as £lO per ;N:phraofroYiershtihoanse
been paid ',113 ; and for payment bf the interest on those
shares at ii. msterdam Berli
by the regency of Me'ssrs. Bischo ieheim, Goldschmidt, and
z, Ilantburg, Paris, and Vienna,
Co.
A co ncession, dated the 25th April, 1862, and expiring
on
vero miait
(otfhothieedUnited
;Ist of December 1963, has been granted by the Go-
ti‘rie°alt-dyr' voifa Paris, lBsd
Principalities of .Wallachia a
_ependence of which is secured by the
an
Tdhwoorskitantge of the 7a)b,otvoel‘Rloanilswieauyrs.Pierre Mavrojeny and
his Highness the Prince Leo Sapieha, for the construction
narantees an annual interest of 6 per cent.
'per annum on the above capital of £3,440,000, pay.able as
each section is opened, and calculated on an expenditure of
£11,584 Pei: mile
A contr.act has been entered into with Messrs. Brassey,
Peto, and been
for the completion, in the terms of the con-
ces
tiosion, of the Railways and Works, including construction stations and provision for adequate rolling stock. A con-
traci, has also been entered into with Messrs. M'Clean and
file has
civil engineers, covering all the surveying and
"gineering expenses. Agreements have been concluded
'with the concessionaires for the transfer of the concession,
and all preliminary expenses up to the formation of the
pa 6y, Provision has been made for payment of inte-
rest -at 6 cent. per annum on capital during the progress
of the works and until the Railway is completed and open
4i/trough° ut for traffic. After providing for the above, the
surplus capital will suffice for the purchase of the land, for
the corrts of formation of the Company, and for administra-
tion -and all other charges during construction, both in
Eng) and and Moldavia.
rne capital subscribed will be held by the agents, who
win from time to time, with the approval of the Local Board,
make payments to the contractors upon the certificates of
Messrs. M'Clean and Stileman, of Great George-street,
Westminster, the engineers who have been appointed on
behalf of the (.3ompany.
The Local Board, until the completion and opening of the
Rail ay, ',yin consist of the following gentlemen, viz. :
u-11. Prince Leo Sapieha, President of the Austrian
Charle,s-Louis Railway.
UnM., Pierre Mavrojeny, V.P. of Elective Chamber of
flteel Principalities.
INC Jean A. Cantacuzene, Jassy.
11. Nicolas Catargi, Jassy, Deputy.
It Emmanuel Chris,o'verghy, Jassy.
M. Demetre Casadi assy ,D ut.
Mr. Alfred L. Powell, Local Director of the Ottoman
Bank will
wCionufrotroief
Bank at Galatz.
birectors for the time being of the Ottoman
London, and a Corresponding and Finance Committee in
Made,%tough this Committee all payments will be
The pre;ge'at members of the Court are--
j_ A. BRUCE, Esq., M.P., Chairman.
Sir -WM. CLAY, Bart., Vice-Chairman.
frf.inAle4B4:A.erlseoxna,nEdesr, Esq, George T. Clark.
pCkarles Bell, Esqq,. Pascoe Du Pre Grenfell, Esq.
J. W. Larking, Esq.
-.0r).• T. C. Bruce. L. M. Rate, Esq.
Ile Railway will be completed in sections as under:-
2,1..
,AGdailautdz to::
RATdoeikm.eoanduch about 50 English miles..
Tekouch
20
n f f
„ 65
f /
4. Iltialall „ Jassy „ 45
f f
U. Ad „ Okna „32
6 P
If
ir. -.Milan „ Austrian Frontier , 75
I,
immediately previsus to the completion of the first and
aecond sections, which will be opened simultaneously, a
fleeting of the shareholders will be convened, and they will
have
.the power of appointing, if they see fit, a managing
Beard, to take charge, in conjuration with the Local
°all', of the working of the sections as they are com-
pleted.
_ On the completion and opening of the entire Railway the
-Local Board and the corresponding and finance committee
'will retire from office, and their re-appointment, or the
ftPnointment of their successors, will rest a ith the Share•-
holders bythewhom Local
Board will be supplied.
The main liue of the Railway (about 220 miles in length)
Will commence at the Port of Galatz, and following the
Valley of th e Sereth will pass through or near the towns of
Tekouch, ./Afrjud, Bakou, and Roman, to a point on the
north-west frontier of the Principalities. There are two
there
jnec,ehse;; 'starting from the main line, one (about 45 miles)
the capital of Moldavia and the other (about 32
of lee) to Okna, the most important salt-producing district
0i,0,0 Principalities.
Wfl'Ateldavia, now a constitutional state without debt, is
known as one of the greatest corn producing countries
,Europe.
hich Te valley of the Sereth, and the districts
through wh the lines pass, are the in the
Principalities. Galatz is indisputably the mostfertile thriving
commercial port of the Black Sea.
The line will, in conjunction with the proposed exten-
sion of the Austrian Charles-Louis Railway (for the con-
struction of which a Company will be formed so soon as the
construction of the Moldavian Railway is assured), estab-
lish unbroken and direct railway communication between
the Baltic, the German Ocean, and the Sea.
London by that route will
be broughtßlack within 60 hours of
Galatz, and 70 hours of Odessa and Southern Russia. Con-
stantinople will be reached in four days ; Taganrog and
Trebizond (the great entrepots for the Caspian, Persia, and
Central Asia) irA fi,;e days, and Alexandria in seven days;
thus establishln?.; a new and independent route to India,
Australia, Clain.a, and the East.
Detailed -pa•cticulars of the undertaking and its prospects
have been r,,epared from Government returns made in 1859,
:oawhich o,le w that the dividend which may be anticipated
3,111 t tr attic now existing will amount to 12 per cent. per
111-1714 and that dividend may fairly be expected to reach
t,,, PA:it' 16 per cent. per annum when the connection with
i.:` "Charles-Louis Railway is completed. The best evidence
...oat this estimate is not excessive is to be found in the fact
fillet the Charles-Louis Railway (from Cracow to Lemberg,
:a length of 215 miles, of which the Prince Leo Sapieha, a
Tlernber of the Local Board of this undertaking, is the
cilairrean)—a mere expensive line, passing through a less
a'allProductive countryhas already earned llf per cent, per
uta, although that railway has been very recently opened
ec.,_eertified translation of the concession and Cahier des
~,....T,-,8 and also the contract with Messrs. Brassey, Peto,
IT" -I)ett's, can be inspected at the offices of Messrs. Bircham,
oral;'",3:°Ple, and Drake, 46, Parliament-street, or at Messrs.
''' .t, 'Wagstaff, and Co.'s, Great George-street.
t.,,-aPplications for allotment, after payment to Messrs.th
'"3l3_, Mills, and applied deposit of 1 per share on
ts
number of shares p for, to be addressed to the agen
the the Company at their offices, 4, Bank-buildings, E.C., or
undermentioned brokers :
Messrs. Laurence, Son, and Pearce, Auction Mart, Bartho-
lomew-lane, E.C.
°r°°rge E. Seymour 38, Throgmorton-street,
E C.
Messrs. P. Cazeno e' and Co., 52, Threadneedle-street, •
__
E.C.
Ijolin the evert of nov allotmnt being made the deposit will rnmedia tely returned.
By order of the Ottoman Bank W. LANDER, Assistant Secretary.
,
Lon, W. 4, Bank-buildings, E.C., August 5, 1862.

FORM OF APPLICATION FOR SHARES.
1.0 be forwarded to the Agents, after payment of the pre-
liminary deposit to the Bankers.
'To the Agents of the Moldavian Railway Company
(Limited).
Gentlemen,—Having paid to Messrs. Glyn, Mills, and
CO. the sum of £ , I hereby request that you will
allot me shares in the Moldavian Railway Com-
any (Limited), and I hereby agree to accept such shares,
or any smaller number that may be allotted to me, and
when re ee to biznred the articles of association of the Company
i.

I am, Gentlemen, your obedient servant.
Name in full
Address in full ....
Date
--
*To be opened previous to the date fixed for payment of
the instalment in August, 1864.

The Fourth Edition, Just Published, Bvo, in oloth, price ss.
by post free, ss. 6d.
ON TRUE and FALSE SPERMATORRHCEA ;
io With the View to the Correction of wide-spread Errors
bi;Platiothe o the Treatment and Cure of Sufferers from De-
cf Generative system, or Sexual Hypochrondriasis.

t,
roTranslatedfrom the German of Dr. PICKFORD.
r, pickford is known to English readers by his frequent
13F,Itical to German medical era are.
lale.: fishim, he informs us, that hethhatsthaidsdnire:ysendothibmestehile
stWon-medical reader. We trust a
Ina , he shall detect any other equally tagr'an.t eiviGl
Y be in his power to correct."—London Medico, , „„
f ob:T.e editor has conferred P. great boon on the aw zhe
ti t
suffererseh. i t
jild•vii,s distressing malady by translating this little book,
Dor:v notiiin
itlvinvoe_nytuirneyrlsn,gwbhaore the, scandalous practices of uneteu_alified
g. with p!'
nooresoethther eoubrieecat thandleeasteooffinwthhi
oari The differene,e between true Spermatorrhcea and the
oil' theyown
Nen., Jlf forms of disease which resemble it are accurately de-.
the ‘7,thus a safe guide is offered for the treatment of
malady medial Circular.
nuria".le have dilated so long upon the contents of the prell-
-1114
~i3;lpcheaptethr,etshuatewe have scarcely left ourselves space for
it with Moderateprice Pt
Daub,theey of by, Dr. Pldickfloarceds;
. which brochure is so .1)
mthci reach of every one interested in the matter."—
lin
edical Press.

London : H. Bailliere, 219, Regent-street,

___
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