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

L lAAVIA N' ft A I )4Y A)( 5...-
Prom Galatz to the North-Western Frontier of Mol-
davia, to Jassy (the capital of Moldavia), and to the Salt
Mines at Okna.
Company to be incorporated with Limited Liability, under
ti.'the Joint-stock Companies Acts in England, with a
Subsidiary Incorporation in Moldavia.
Capital, £2,440,000, in 122,000 Shares of £2O or 500 francs
each; and £1,000,000 in Debenture Bonds at 6 per cent.
Interest at 6 per cent. per annum on the paid up capital
during construction. A minimum dividend of 6 per cent.
per annum on the whole capital is guaranteed by the Go-
vernment of the United Principalities of Moldavia and
Wallachia, payable as each section is opened.
AGENTS FOE THE COMPANY—The Ottoman Bauk.
BANE.Eits--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 £5 or 125 francs per share.
ff 1 Feb., 1863 5 „ 125 •
1 August, 1864 2 „ 50
ft 1 Feb., 1865 2 „ 50 ft
1 August, 1865. 2 „ 50 ft
f 1 Feb.; 1866 2 5O 31
„ 1 Feb„ 1867 2 „ 50

£2O 500 francs.
Each shareholder will have the option of paying up in
full on one-fourth of the shares allotted to hint. An option
will also be reserved to the shareholders to take up the
takentt at par'
De-
benture Bonds when they are issued. Failing the exercise the shareholders of theirra,3),lmAieonntt(lyythweiilrl
clown by,o the contractors in part
meet the convenience of subscribers abroad, provision
will be made in the constitution of the Co
issue of abates "To Bearer,"
per share has
been paid u ; and for payment of the
by the agency of Messrs. Bischeffshilerirt,
shares at Amsterdam, Berlin, Hamb interest on those
Poaorlids,sachnmd Vidite,nannaj
so soon as £l;')DPany for the
Co.
A concession, dated the 25th April, 1862, and expiring
on the 31st of December, 1963, has been granted by the Go-
3vieorindmaseinat o(tfhethiendUenpeitnelenFete of
incittalitiesof Wallachia and
which is secured by the
treaty of Paris, 1857), to Monsieur Pierre Mavrojeny and
his Highness the Prince IA Sapieha, for the construction
and working of the above Railways.
The State guarantees an annual interest of 6 per cent.
per annum on the above capital of £3,440,000, payable as
each section is opened, and calculated on an expenditure of
£11,584 per mile.
A contract has been entered into with Messrs. Brassey,
Peto, and Betts for the completion, in the terms of the con-
cession, of the Railways and Works, including construction
of stations and provision for adequate rolling stock. A con-
tract has also been entered into with Messrs. M'Clean and
Stileman, civil engineers, covering all the surveying and
engineering expenses. Agreements have been concluded
with the concessionaires for the transfer of the concession,
and all preliminary expenses up to the formation of the
Company. Provision has been made for payment of inte-
rest at 6 per cent. per annum on capital during the progress
of the work and until the Railway is completed and open
throughout 'for traffic. After providing for the above, the
surplus capital will suffice for the purchase of the land, for
the costs of formation of therompany, and for administra-
tion and all other charges during construction, both in
England and Moldavia.
The capital subscribed will be held by the agents, who
will 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 Company.
The Local Board, until the completion and opening of the
Railway, will consist of the following gentlemen, viz. :-
11. H. Prince Leo Sapieha, President of the Austrian
Charles-Louis Railway.
M. Pierre Mavrojeny, V.P. of Elective Chamber of
United Principalities.
M. Jean A. Cantacuzene, Jassy.
M. Nicolas Catargi, Jassy, Deputy.
M. Emmanuel Chris., overglay, Jassy.
111. INmetre Casadin, Jassy ,Deputy.
Mr. Alfred L. Powell, Local Director of the Ottoman
Bank at Galatz.
The Court of Directors for the time being of the Ottoman
Bank will form a Corresponding and Finance Committee in
London, and through this Committee all payments will be
made.
The present members of the Court are—
H. A. BRUCE, Esq., M.P., Chairman.
Sir WM. CLAY, Bart., Vice-Chairman.
James Alexander, Esq, George T. Clark.
J. Anderson, Esq. Pascoe Du Pre Grenfell, Esq.
Charles Bell, Esq. J. W. Larking, Esq.
lion. T. C. Bruce. L. M. Rate, Esq,
The Railway will be completed in sections as under :-
1. Galatz to Tekouch about 50 English miles.*
2. Tekouch „ Adjud
if 3. Adjud Roman „65 f
5. Adjud „
4. Roman Jassy „45
7f „ Okna 71 32
6. Roman „ Austrian Frontier ~ 75 ff
Immediately previous to the completion of the first and
second sections which will be opened simultaneously, a
meeting of the shareholders will be convened, and they will
hitrveeret tohre, power of appointing, if they see fit, a managing
to take charge, conjuntion with the Local
pd, of the working of the sections as they are com-
e d.
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
appointment of their successors, will rest m ith the Share -
holders,
by whom also any casual vacancy in the Local
Board will be supplied.
The main line of the Railway (about 220 miles in length)
will commence at the Port of Galatz, and following the
-Valley of the Sereth will pass through or near the towns of
Tekouch, Adjud, Bakou, and Roman, to a point on the
north-west frontier of the Principalities. There are two
branches starting from the main line, one (about 45 miles)
to Jassy, the capital of Moldavia, and the other (about 32
miles) to Okna, the most important salt-producing . district
of the Principalities.
Moldavia, now a constitutional state without debt, is
well known as one of the greatest corn producing countries
of Europe. The valley of the Sereth, and the districts
through which the lines pass, are the most fertile in the
Principalities. Galatz is indisputably the most 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 Black Sea.
London by that route will be brought 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) in five days, and Alexandria in seven days;
thus establishing a new and independent route to India,
Australia, China, and the East.
Detailed particulars of the undertaking and its prospects
have been prepared from Government returns made in 1859,
which show that the dividend which may be anticipated
from traffic now existing will amount to 12 per cent. per
annum, and that dividend may fairly be expected to reach
at least 15 per cent, per annum when the connection with
the Charles-Louis Railway is completed. The best evidence
that this estimate is not excessive is to be found in the fact
that the Charles-Louis Railway (from Cracow to Lemberg,
a length of 215 miles, of which the Prince Leo Sapieha, a
member of the Local Board of this undertaking, is the
chairman)—a more expensive line, passing through a less
productive country—has already earned per cent. per
annum, although that railway has been very recently opened.
A certified translation of the concession and Cahier des
Charges and also the contract with Messrs. Brassey, Pero,
Dal Setts, can be inspected at the offices of Messrs. Bircham,
,rinple, and Drake, 46, Parliament-street, or at Messrs.
Swl) Wagstaff, and Co.'s, Great George-street.
Aft
Pplications for allotment, after payment to Messrs.
Glyn, Mills, and Co., of a deposit of £1 per share on the
number of shares applied for, to be addressed to the agents
thof the Company at their offices, 4, Bank-buildings, E.C,, or
e undermentioned brokers :
ssrs. Laurence, Son, and Pearce, Auction Mart, Bartho-
lomew-lane, E.G.
George E. Seymour, 38, Throgmorton-street, E.C.
Messrs. P. Cazenove and Co. 52 52, Threadneedle-street, E.C.
In the event of no allotment being made the deposit will
be immediately returned.
By order of the Ottoman Bank,
W. LANDER, Assistant Secretary.
London, 4, Bank-buildings, E.C., August 5, 1362.

FORM OF APPLICATION FOR SHARES.
To be forwarded to the Agents, after payment of the pre •

,
liminary deposit to the 33i-fliers.
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-
pany (Limited), and I hereby agree to accept such shares,
or any smaller number that may be allotted to me, and
agree to sign the articles of association of the Company
when required.
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,
by Justost
fre Published. Bvo, in cloth, price se.
pe, ss. 6cl.

(IN TRUE ana FALSE SPERMATORMICEA ;
with the View to the Correction of wide-spread Errors
iu relation to the Treatment and Cure of Sufferers from De-
bility of the Generative system, or Sexual Hypochrondriasis.
Translated from the German of Dr. PICKFORD.
" Dr. Pickford is known to English readers by his frequent
practical contributions to German medical literature. This
s_ the first time, he informs us, that he has addressed himself
r the non-medical reader. We trust that this may not be the
,„-aBt, if he shall detect any other equally flagrant evil which it
mar be in his power to correct."—londen Medical Gazette.
" The editor has conferred a great boon on the sufferers
'rout this distressing malady by translating this little book,
and
.by laying bare the scandalous practices of unqualified
know turers, who profess to cure a disease of which they
Dil°tbing, with no other object than to fill their own
_airses. The difference between true Spermatorrhsea and the
Yess9ue forma of disease which resemble it are accurately de-
thel3 d, and thus a safe guide i offered for the treatment of
n'alMedical Circular.s "fie have
irny
noti dilated so long upon the contents of the Preli"
tninarY chapter, that we have scarcely left ourselves space for
but t, ee of the subject specially treated of by Dr. Pickford;
it .„_;te moderate price at which the 'brochure' is sold, places
'Tlin the reach of every4.'llolln
one interested in the matter."—
,-weat rres B.

London : H. Railliere, 219, Regent-street

AN IMPOR T ANT DISCUSSION. —The
have mes," the " Lancet," and other leading journals
_ been lately canvassing the Social considerations in-
volved in " the amount of death and disease caused by vice."
inPerne interesting statistics are brought to bear upon the
the originan-
other, the ravages and the
preyed
of that SPECIAL VICE, which wars more 'than any
ag-ainst the welfare of soqety—destroying the happi-
Z,,es and disappointing the objects of matrimony. under-
-W:11111g the constitutions, blasting the prosPects, embittering'
tr-t shortening the lives of its victims, a
and Sects'
desola-
-4111 through families.
NiTile essential particulars rehyt,ing to this great social evil
e besetting snare of inexperienced youth 191 d the curse of
:a'atillitY), together with ample instructions tor retriovine,
~ its
h--,ects, and recovering health, vigour. and all the enoblinc,-
llVleges of our being, are contained in Dr. LAILMItT,'§
1-,,,,,LP-PRESE RVATION," a Treatise on Nervous ankci
"'tailed
sicaleiy, of which the 90tt Edition has just been
by Mann and Co., 39, Cornhill, London, price 15.,
r3ent post free for 13, or in a'sealed envelope for 20 starnpse
ni2stii.,,L,AllllEnT,M.D.,&e., having for 20 years devoted himself
e 'elY to this branch of practice, may be consulted daily,
either
correspondence, at his resideM
Personally or by
kh.., 87, BEDFORD-SQUARE, London.