The Sun.
London, England, 1865-07-27 00:00:00

REMEMBER, YOG WILL SEE YOUR
FRIENDS at " EVANS'." After the Opera wa
"'al Sup them!

ICNAHA.N'S LbIR WHISKY v. COGNAC
ANDY.
ants oele !mated Old IRISH WHISKY rivals the finest
It '4RNCH BRANDY,
is Pure, Mild, Mellow, Delicious, and very Wholesome.
t,Bold in Bottles, 3s. Bd., at the Retail Houses in London ; by
" Agents in the principal towns tn. England ; or wholesale
t

8, GREAT WINDMILL-STREET, LONDON, W.
Observe the Red Seal, Pink Label, and Cork branded
Rinahan's LL Whisky."

VITHAT A STUPID FELLOW YOU ARE
to bite off the end of our Ciß•ar, when you can
vone of "BUTCRER,'3 PATENT KEY -RING CIGAR
"41-PERS" for a Penny. &11 everywhere.

MUTUAL(InC LOAN
rporated by Act of FUNDrari
jamAo
eISt,IBCSOIFION
' 14, ItU39E LL-STRE ET, COVE NT-GAR DEN,
LENDS MONEY on Personal and other Security, in sums
„i
420 to £3OO, to be repaid by instalments extending over
two, or three years. The large C tpital of this Associa-
TPI enables it to complete its transactions without delay.
ji? Inquiry or office fees, and strict secrecy obs•rve Bills
d. 'counted at short notice. Form sent free on receipt of a
Ireeted stamped envelop..
hAThe Association also lends Money for the purchase of a
terms most advantageous to the borrower.
EDWARD HARPER, Secretary.

MARSEILLES EXTENSION RAILWAY
and derv" COMPANY (Limited).
Incorporated u The Companies Act of 1862."
7 Capital £400,000, in 20,000 Shares of £2O each,
)"'lO of which have already been subscribed for in England
and Prance.
3,000 will be reserved for issue as Paid-up Shares.
Interest at the rate of 6 per cent. per annum is guaran-
teed to be paid by the Contractors on the capital called up
during the construction of the works.
tf per Share to be paid on Application, and X 4 on Allot-
Future calls not to exceed £5 per Share, nor to be made
at intervals of less than three months.
DIRECTORS.

LONDON.
William Lee, Esq , M.P., Director of the London and
County Bank. •
James Childs, Esq., Roehampton, Director of the East
Loudon Railway Company.
Charles E. Newbon, Esq., Director of the General Irri-
gration. Company of France.
The Holi. A. C. Hobart, Berkeley-square, Director of
tile Russian Iron Works Company.
City 11. L. Astley, Esq., Nicholas-lane, Director of the
"!„,' Offices Company.
d• Pennington Legh, Esq., Brighton, and Knutsford,
Cheshire.
Clarence A. Collier, Esq., Norfolk-street, Park-lane.

•
PARIS.
M. Jules Talabot, Boulevard des Italians.
M. Le Comte Clary, Rue d'Aumale.

SOLICITORS.

Messrs. Newton, Eaans, and Co., Nicholas-lane, Lombard-

street.
BARKERS.
The Imperial Bank, Lothbury.
BROKERS.

Messrs. Robins, Barber, and Dslley, Threadneedle-street.

ENGINEER.-
Geo. Berkley, Esq., 24, Great George-street, Westminster.
SECRETARY (PRO TEM.).
H. P. Hakewill, Esq.
TEMPORARY OFFICES.
4A, Alderman's-walk, New Broad-street.
PROSPECTUS.
The objects of the company are, first, to construct a rail-
.„Way, about nine miles in length, from the " Old Port" of
aiarseilles to Podestat, to afford increased facilities for the
COnunerce and manufactures of the town and port ; secondly,
r acquire land on both sides of the line throughout its
Length for building and other purposes, to which great value
Will be given by the construction of the railway.
The reputation of Marseilles as the first maritime city of
France is well known, second only to Paris in population
and wealth ; its position and capabilities give it the com-
Inand of French commerce in the Mediterranean.
Within the last ten years Marseilles has been placed in
direct railway communication with Paris and all parts of
Prance. ,Magnificent docks and warehouses have been con-
structed ; but great and rapid as those new works have been
they are still far behind the requirements of its ever-in-
creasing trade.
The old quarters of the town are being demolished to
flake room for handsome streetsand public buildings. The
Population thus displaced are driven to the suburbs, more
especially towards the south, where the lands of the Com-
Pany are situate, and where a fine valley stretches from the
town to the Mediterranean, with a view of the sea, and
°Pen to the refreshing breezes, which during the summer
afford the only relief from the intense heat of the city.
The enormous value of ground in the town may be esti-
matedia by the fact that, for any extension, rocks 60 feet high
al'e to be cleared away to give sites for building ; it will
he
readily understood that such a locality is no longer suited
for
the erection of ordinary dwellings, or factories and che-
mical works, which latter, for sanitary reasons, will soon
"6,,driven from the city.
°f The proposed railway, after leaving the port and town
100,000 inhabitants, will pass through the southern
411 th, which contains a population of 50,000, and follow
valley to the sea, at the "Madrague de 3dontredon,"
with th—'B
'r ni thence it will be continued for three miles along the
withcoastacc
to Podestat, affording sites for the erection of factories,
to the sea, and direct railway communication
xedite e town
etaTpihoer.e and port, and with the Paris, Lyons, and
branch rranean lines, by a junction with the proposed new
°f the latter to the " Place Castellane.".
are at the present time 460 factories in the town,
kctoriYing nearly 10,000 workmen, and the number of
char es would rapidly increase were it not for the heavyi
vlthigca
the which they are subjected from the increasing
.sva e of
.ground occupied, and the want of direct rail-
44,connesion with. the port and with the Paris, Lyons,
lish 'edlterranean lines. The proprietors of these estab-
of will gladly avail themselves of the opportunity
isNsing of their present sites to great advantage, and
, eulties of
raib"Ying to a locality combining the facilities of sea and
difh- ay communication, with perfect freedom all the
their present position, and where land can
3,0, obtained from the Comany at a tenth part of the price
°,%4.- paid for b 'ldiground in the town.
m ng
..
thorder to form an opinion of the pecuniary results of
theP operations of the Company, it will be desir-
thelaii_aoifiwthaeY.
to consider separately the income to be derived from
, caonyndptahneyp. profit to be realised by the sale of the
Nip, with reference to the railway it must be observed,
existing lines are connected with the new port
„ "Jolietee" and the docks, but that the Old Port, which is
I'43theacres docks, notwithstanding which tho official statistics
WhiA Government show, that during the last year for
Pew,
were as follows :
Vessels'
T
383
303 of various nations entered, carryingsoiof Merchandise.
X
950,180
„ left, 593,842

„ . ..
8'68; Total of vessels.
1,544,022 Tons.
Darin tie" Jolla same period the returns for the new port
Vessel: were
:-
2 Re Tons of Merchandise.
'''"9 of various nations entered, carrying 364,121
2,400
I, „ left, II 330.876

andss,oo9 Total of vessels. 694,997 Tons,
addition to this the new port " Joliette" received
ut off 1,159,024 tons of merchandise in 1863, by
3 steamers, on account of the facilities afforded by the
railways and d k
oc s.
OllcAs evident from these returns that a railway to the
Itadi",.-°rt must secure a very largo amount of goods traffic,
from the population of the suburban district through
Which the line will pass, and the number of factories, Sm.,
already established in that locality, it is calculated that the
15eltue will produce an immediate profit revenue equal to
ere Per cent on the outlay, which income will be rapidly in-
sed by the erection of houses and factories along the
-irThere will be seven intermediate stations between
rseilles and Podestat, one of .which will be for the
bßace Course," and the " Public Gardens," and " Chateau
The Company have contracted for the execution of the
'Jerks of the railway from the " Place Castellano" to
Podestat," at the price of £185,000.
t,Secondly, with reference to the profit to be realised b
' y
..',/f3 sale of the land of the Company, it may be stated that
11 Previous speculations in land at Marseilles have been
successful.
The Company have contracted for the purchase of about
1,200,000 square metres of land (about 300 English acres)
situate on both sides of the proposed railway, between the
town and the "Madrague de Montredon ;" 140,010Anetres
of which will be required for the construction or the line
and stations, leaving 1,060,000 metres to be sold for the
erection of first-class residences.
It has been estimated by competent judges of the value of
building sites in the neighbourhood of Marseilles, that on
the completion of the railway the whole of this land will
be readily sold at the price of at least 20 francs per metre,
at which rate it will produce 21,200,000 francs, or £848,000.
The Company have also contracted for the purchase of a
I:ery large tract of ground beyond the "Madrague de Mon-
Lrecton," through which the railway will pass to Podestat ;
1,500000 metres (about 375 acres) of this land, adjoining
both sea and railway, will be at once available as sites for
factories and works of all kinds.
Estimating the selling price of this land at 10f. per metre,
ft 811 m sufficiently low to induce the manufacturers to esta-
blish their works rapidly in the locality, it will produce a
sum of 15,000,000 f , or £600,000.
alrleabdryaverage cash cost to the Company of the land above
leferred to is only 5f f. per metre, including the houses
built thereon, and including also upwards of
10,000,000 metres of land (about 2,500 acres) on the coast
line for three miles beyond the' proposed terminus at
odestat, which will thus be acquired by the Company
I:_e° of
.cost, and which will be made available at some
At/ire time by an extension of the railway and the f.-Rma-
tion of roads.
,ply of water,which is indispensable at Mar-
seille , both for houses and land, can be obtained from the
than 60,000,000 frwanhci
.:4'iriutila,glnP.w.leosrkups
sc.h have cost the municipality more
_The additional capital required for the payment of land
w I be raised in debentures to be repaid out of the produce
of the land sales.
gsUpractical bearing of the land question is as follows :
th''selotling the sale of the land at the low prices
ay name
0 profits arising therefrom will not only rep the !est of the railway, but in addition there will remain a
',vex? large surplus for division as bonus amongst the share-
//Odors.
f The railway concession from the French Government is
or the term of 99 years.
The lands of the Company will be freeholds in perpetuity,
i'l,rititiceisotpliia:feeethssesamall portion occupied by tho railway, which.
criolnycebsesisurrendered with the line at the expi-
-5,000 of the shares have been subscribed for in
France, and will be issued with £8 per share
paid up thereon ;
3,000 shares will be reserved for issue as full paid-
up shares ; leaving
12,000 ordinary shares for issue to the public.
rn 20,000
ces-Lsib_e Articles of Association, and also the contract, con-
Z'effs and plans, may be seen at the offices of the solici-
6/, Messrs. Newbon, Evans, and Co., 28, Nicholas-lane,

, . •
A plications for Shares in either of the accompanying
Corns may be made to the Secretary at the offices of the
to 2tPpliYca Pan,
tion or to the Bankers, Brokers, and Solicitors ; but
will be entertainedthe de of X 1
4--9 share 9711 the number applied fern
has be= dulyposit
paid to?