The Sun.
London, England, 1865-12-01 00:00:00

Dec. 1.
Dec. 11.

Deo. 4•
Dec. 29
Dec. 14•
Dec. 20.

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To raise additional capital for the purposes of the in-
tended Act, and for the general purposes of their under-
taking, by the creation of new, ordinary, or preference
shares, and by borrowing.
To lay down and maintain additional rails in, upon, and
over 'the South Wales Railway, between the point about 3
miles and 4 furlongs, where the intended railway crosses
the end of the canal-sidings of the said South Wales Rail-
Lay and the termini of that Railway at Swansea, and also
"-",.11P0n, and over such portion of the Swansea Harbour
i'lvay as does not already consist of mixed gauge, and
-11: upon, and over the terminal and other stations, sidings,
WoJks, and conveniences connected with those portions of
etaf"way respectively, so as to adapt the same to the passage
,'' and user by, rolling stock on the narrow gauge as well
on the broad gauge.
r, And it is also intended by the said Act to empower the
Pany, and the Great Western Railway Company, the
• aie of Neath Railway Company, the Swansea Vale Rail-
',v;tsr Company, and the Llanelly Railway and Dock Com-
L'anY, to enter into and carry into effect contracts, agree-
xerda, and arrangements for 9r with reference to the
leaintenanc,e, working, use, and management, by either of
the contracting Companies, of the railways, tramroads, and
_Works of the other of them, or any part thereof, and with
reference to the regulation ; management, and transmission
Of the traffic thereon, the collection, payment, division, ap-
Propriation, and distribution of the olls and other income
and profits arising therefrom ; the employment of officers
and servants, and the rents, payments, allowances, and
considerations, annual, periodical, or in gross, to be paid or
blade by either of the contracting parties to the other or
others of them, and any incidental matters.
The intended Act will empower the Company, and all
ninpanies and persons using their authorised or intended
'ellways, or any part thereof, to run over, work, and use
With their engines, carriages, and waggons, and for the
Purposes of traffic of every description, upon rates, pay-
Inents, terms. and conditions, to be prescribed by the Act,
il way ;
°l' (failing agreement) settled by arbitration, the following
Z!lways and portion of railway, viz., the Swansea Harbour
so much of the South Wales Railway as is
Itrlate between the intended crossing before described and
the terminus thereof at Swansea, and the junction with
ap,e, Swansea. Harbour Railway ; the Llanelly Railway
4teu Dock Company (Swansea Lines, Dock Branch) and
ension to Mumbles ; the Vale of Neath, Swansea and
ek.ll Railway, the Swansea Vale Railway, and the
egermouth Railway; together with all terminal and other
once us, sidings, warehouses, buildings, booking and other
fer., aPproaches, watering-places, sheds, standing-room
Vei,l'ilgines, shipping places, machinery, works and con-
fielclres, water supplies, telegraph signals, and machi-
spe'' "n sad upon those railways and portion of railway re-
fug a and to require the Companies and persons own-
nd 'working the said railways and portion of railway
fe Pectively, to afford and render all facilities and services
Tor
tile .
or
, p poses aforesaid.
UCt it is proposed, so far as may be necessary for all
ete:III of the purposes of the intended Act, to alter,
of the extend, vary, and enlarge or repeal, all or some
pere Powers and provisions of the several local and
Viz °ilia' Acts of Parliament following, or some of them,
etc? `,5 and 26 Vic. cap. 193 ; 26 and 27 Vic., cap. 130 :
tr 1 and 28 Vic., cap. 316, relating to the Neath and
detc,"ll Railway ; 9 and 10 Vic., cap. 341, and all other
relati t th Vle of Neath Railway Company ;18
ng o e a
2. '0 Vic., cap. 60 ;19 and 20 Vic., cap. 95 ;22 Vic., cap.
Yelea,d 24 and 25 Vic., cap. 162, relating to the Swansea
Vie° Itailway ; 5 and 6 Will. IV., cap. 107 ; and 26 and 27
We•Leali• 168 ; and all other Acts relating to the Great
65 rein Railway Company; 44 George the Third, cap.
the l'ating to the Oystermouth Railway, or tramroad ;
.ficts-Llanelly Railway and Dock Act, 1853, and all other
and !rating to the Llanelly Railway and Dock Company ;
relatie Swansea Harbour Act, 1854, and any other Acts
taki '"g to the Swansea Harbour Trustees and their under-
m • .
all
or it is also proposed to incorporate, in the said Act,
.90e„,„819_,1ne of the provisions of " The Companies Clauses
1.L863 Wluation Act, 1845," " The Companies Clauses Act,
," The Lands Clauses Consolidation Act, 1845,"
1860 itotnds Clauses Consolidation Acts Amendment Act,
and «„,.` The
, Railway Clauses Consolidation Act, 1845,"
Du The Railways Clauses Act, 1863."
Worivue-.%te plans and sections of the intended railway and
;: W.itb a book of reference to such plans, and a copy of
with (nice, as published in the London Gazette, together
neal4l Published map having the lines of railway deli-
Both , thereon, will be deposited, on or before the
of th'-'nveraber in the present year, with the Clerk
°face°, Peace 'for, the county of Glamorgan, at his
Plae Cardiff ; and a copy of so much of the said
the a, sections, and book of reference as relates to each of
Parishes in or through which the said railway
and
rPrits Will be • ofthe said
-area made, together with a copy
day e• Notice will be deposited, on or before the 30th
Cler:4 November, in the present year, with the Parish
1/437,..)! each such parish, at his residence, and as regards
gyp'.'ra-parochial place, with the Parish Clerk of some
,nately-adjoining parish, at his residence.
the 'ltited copies of the intended Act will be deposited in
be! "-rivate Bill Office of the House of Commons, on or
Datedthe 23d day of December nest.
this sixteenth day of November, 1865.
JAMES KEMPTHORNE,
Neath, Solicitor.
WILLIAM BELL,
26, Duke-street, Westminster,
Parliamentary Agent.

b—..„....
h.ITEI, 2s. 6d. each.TtElEnLoLl
Aaßndi
lITC.INASI:
ttp„ Provements in the construction ea 1, in enable them to make and fit la from One to a Set. elv ho
Perctio„ urs, without
.springs or wires, and without ex-
.fee,o,,..upon the f rinciple of self-adhesion. Pai_nclfe;BBBtaonpd.
Vn4a-2, "Ilaranteed, or no fee accepted. SeU, pricey ti:23,1.; extractions ls. ;
millit.4 "011ghout. Punctuali ppcintments, and
and thel;aame moderate fixed
tlTre,tilat daily attendance from Nine to Eight 'clock Their
vc:88 /7,e co the Teeth, with printe,d terms, anodgl co'_ns_u_lt_it..-
rrte-ste',2#n aPPlication to ESKELL and SONS, 13, TWA
r—', Quadrant. Note the address.
No
SORE ---"E PILLS OR ANY OTHER MEDICINE.
U BARRY'S deliciou,shealth-restoringlßnAvßalleidsk:
Yields !1,114 Infants' Food, THE REVALENTAstrAen
gtheninc,
Iniutieree times assimilating and
)14r0n,,•1111ellt as thebest meat. and restores perfect digestion,
inlet? oerves sound lungs, healthy liver, refreshing sleep, etite netial r ' •
(ch. eblek... egularity, and energy tod tehffeeemtnoastllydistonrddiegreescltioonr
114 iItNT... removing speedkiy an
ec1;1, di,tr'p Cough, asthma, consumpetinuon,hhwambiotrurahlocoldzatuivpaer-
tp, Plalotred, all gastric derangem ,
11,:)At,..i , fiatulency, nervousness,
influenza,biliousnessn,nfiesveesrsinsothree
lived satT9htheria, catarrhs, colds, .
ties erruptions,
t4ell.'" ears, rheumatism, gout, ti,,, , neuralgia, irritability, sleeplessness,impun
ac' idity, palpi-
all%et'%ll_e4rtburn, headache, debill ty, chop sy, crams, spasms,
tie titl.eaeo,o..d sickness even in pregnancy or at sea,
tii, stonZkscrolula, tightness of the chest, pains.h in th, pit ot
001: nr alie`; and between the shoulders. It is the
ientmsonsttscliingest
Viatareods. and suitable for invalids a
the li quote
‘o. -.arsh, a few out of 62,000 Cures : —Cure No. 58,216, of
sipsv,;o,lll3;,: ess de Brehm, of seven years' ti 48 pal ebility, nervousness, irritability, with a ner-
liver complaint,
,lie, kbiltation all over, bad digestion, constant sleleNsso-.
14 N eytitile most intolerable nervous agitation. Cure
11 I.'lB, I,,,Perla, from the Right Hon. the Lord Stuart
—de_
,'i-t e d •-r Lieutenant of the county of Waterford ._
...1
.„.4airt :ir,live‘i
%-i Much benefit fri,m your excellent
tfood
'ill'e o. ~becies, Droms.na, Cappoquin, oountybeT a ert_oeird... at'/,4e Ne? 4,46, from the Rev'. James T. Carnp lSydin.
IlePtion °I.Y, near leakenham. Norfolk—ln all. cases
kiii.4llY air and Particularly when the liver is more
It
,4 18 the ectf.d, I consider it the best of all remedies.
_4
t4llt of bile, nod makes it flow in cats which would not
t
le bileyoelcury in any shape, in short, a healthy flow o
k 4,.,k‘e whs 4.°fle of its ear Lest ad best symptoms. Toll can
11,-",leto,:' .Pse You please of this communication.—__lr am,
e shiltist,pri, .anies T. Campbell Cure No.. 5,4-2.-1.3 idg tames titg otnleY, Surrey.—Thirty-three ye us' diseased lungs.
r,.),. ea _ luod, liver derangement, deafness, 1 1
ann'anid
Itinh, htt.yeonatipation, debility, shortness of breath, _
14'.14
ev been removed andour Revalenta
.Arabica. 81
titc' Perfect', 8 mach, bead, ears are all right, my hear.
Icsees,..., , and my recovery is a mar el to all my acquai
.1
4,4, fifty ;4roLes Roberts, Timber Merchant. Cure No. 49,8.1
0. saihQars indescribable agony from dyspepsia, en rvous-
tic:3B, atiena, ugh, constipation, flatulency, spasms, sick-
-1,•4,4,, vnAting.—Maria Joly, ot Lynn, Norfolk. Cure
%;Alkestion•--Allas Elizabeth Jacobs, of extreme nervousness, th:,_ No 51,.E1atherings, low spirits, and nervous fancies.
Is rrcea, 4,114.--51 r. Samuel Laxton,Leieester, of. two years' li)utl ; 21h
,4„,e Pond is sold in canisters, Ilb.. 28 9d; 2jb.:
r.,14; '2B . ii,f,' E. 2281 b., 40s. Super-refined quality. ' lb., 65.;
41
}:t iters' 10 ; olb., 335. The 101 b., 21b., and 2 .
~ii...,....., . Oar ri
rhlir Du ihritage free, on receipt of Post-Office Order, by
IPB, r*, and Co., 77, Regent-street London •• also
Av GIPS, 'ea e 1
0 ith,4-ct hutch a•ers, 8. Ring William-street; likewise at
CD Olt ; Al.street ;4, Cheapside, 49, Bishops ate-street
litrrr llisie. ' ' 5(:), and 298, Oxford-street; 330, Strand; 54,
R., et, is„ r-stree ; !Ott, Tottenham-court-road ; 96, Upper-
i,,,, Ilic.,...'"?gton. N.; liarvey, Notting-hill ; Close Brothers,
ond.,..s.leet ; and istubbs, Queen'sterrace, St. John's-
"%rein; outioanzuc,l
wall
trsetstpnensatiable Grocers an Chemists.—

ARCHITECT.
Wm. Burges, Esq., F.R.I.A.
SOLICITORS.
Messrs. Sole, Turners, and Co., Aldermanbury.
BANKERS.
Agra and Masterrnan's Bank, Nicholas-lane.
BROKERS.

Messrs. Partridge and Greenfield, 21, Throgmorton-street.
Messrs Price and Devot, 54, Threadneedle-street.

AUDITORS.
Messrs. Johnstone, Cooper, Wintle, and Evans, Coleman•

. _ .
street-buildings.
SECRETARY.
J. F. O'Brien, Esq.
TEMPORARY OFFICES.

No. 1, Royal Exchange-buildings, London.
This Company is formed for the purpose of executing
Public Works in Naples, and will commence operations by
constructing a Boulevard, upwards of a mile in length and
80 feet wide, connecting the centre of the city, the Royal'
Palace, and the Government buildings with the Chiaja, and
Corso Victor Emanuel, the chief carriage drive of the
Neapolitan people. The entire project is shown on the
accompanying plan, where the portion coloured red indi-
cates the first section of the works, and that coloured blue
(for which plans are now being prepared, and arrange-
ments are in progress with the Municipality) is marked out
to be subsequently proceeded with.
Naples, the third city in Europe, contains about 600,000
inhabitants, and is rapidly increasing in population and
commercial development. It is the port and centre of a
population numbering nearly 2,000,000 souls, dwelling
within a radius of twenty miles, and is much frequented
by foreigners from all parts of the world, both for tempo-
rary and permanent residence.

A tender for this work was made to the Municipality of
Naples, in accordance with a decree of expropriation, and
having been accepted by them, and approved in due form
by the prefect, on behalf of the Government of Italy, the
requisite compulsory powers are thus secured for the pur-
chase and expropriation of the necessary land in fee-simple
for the intended object, without delay of other legal forma-
lities. The Municipality of Naples upon accepting this
tender required the usual deposit of caution money, which
the concessionaire has accordingly paid.
The Municipality contributes a subsidy of 1,800,000 f.,
progressively as the works proceed,
Contractors have undertaken to purchase all the land
necessary and to complete the construction of the new
thoroughfare in the style of the edifices lately erected on
the new Boulevards of Paris, including the formation of the
road, paving, and works of drainage, &c. The new houses
are to be 20 metres high (65 feet), and the total cost for
houses, land, &c., amounts to 620 f. (X 24 165.) per square
metre of the area built upon.
The contractors relying upon the success of the under-
taking have accepted these terms, and they look for their
remuneration out of a r ortion of the surplus profits after
repayment of capital, interests, and all other expenses.
This remuneration has been fixed at one-fourth of the
realised profits ; the remaining three-fourths being divisible
among the Shareholders. .

Frciin a report published by the Muncipality of Naples in
1862 on the value of house property there, and from the
increase of value since that date, which is estimated by,
experienced residents at upwards of 30 per cent., the reve-
nue from rentals would be calculated to yield at least 10
per cent. per annum on the cost of construction.
The value of house property in Naples is reported to
vary, according to locality, between twenty to twenty-five
years' purchase, houses in the Via Toledo being valued at
twenty-five years', those in the Chiaja district, and in the
vicinity of the new street, at twenty years' purchase. When
the proposed Boulevard is opened into the Toledo it is be-
lieved that these houses will command an equal if not a
higher price than those in the Toledo. Taking the value,
however, at an average of only twenty years' purchase,
each square metre yielding a minimum rental of sixty-five
francs, or over 10 per cent. on a cost of 620 francs (£24165.),
would attain a selling value of 1,300 francs (£52).
There is a large and increasing demand for house accom-
modation in Naples, and house property being the favourite
investment of the Neapolitan people, immediately houses
are completed they find ready purchasers. Indeed, in many
cases, contracts for sale can be made in anticipation of
their completion. _ _

After a.most careful examination of the present project
and of all attendant circumstances, it is calculated that a
share capital of £600,000, together with the returns from
sales, taking place during the progress of the works, will
be sufficient to work out the entire concession. And the
calculation, founded upon the above stated rates, exhibits
as a result—within the term of eight years to be occupied
in completing this enterprise—returns, from the disposal
of successive portions of the estate, which promise to fur-
nish at least £5OO in the aggregate of bonuses upon every
subscription of £loo—exclusively of the entire repayment
of the capital, or, in other words, a capital profit of 500
per cent. ; with intervening interest at the rates of 5 per
cent., 6 per cent., and 10 per cent. as described.
The Report of Mr. Burgas, the Architect, of London,
who was especially deputed to make investigations on the
spot, is referred to in corroboration of the foregoing state-
ments.

A provisional contract has been entered into for the
transfer of this Concession to the Company for the sum of
£50,000 as the consideration for such transfer.
The Company, under their Articles, adopt and confirm
the agreements and contracts, and the Directors are en-
joined to carry out the same, to repay the caution-moneys,
discharge the considerations as agreed, and to pay the
various expenses and commissions incurred to constitute
the Company. The Company indemnify the first contractors
in the usual manner, and the Financial Agency Commis-
sion is fixed not to exceed two per cent., to cover and in-
clude commissions for acceptance upon bank credits
required.
Power is reserved in the Memorandum and Articles of
Association, which can be seen at the Temporary Offices
of the Company, for the Board to enter into engagements
for other public works deemed promising by the Directors ;
as also to purchase or lease premises for improvements or
use, and to create and issue redeemable Debenture Bonds
and Deposit Notes, in proportion to the progress of the
works, and to the extent of one-half of the value of works
completed from time to time.
The right is hereby reserved to allottees of Scrip Certi-
ficates to pay up the full nominal value thereof so that they
be convertible into fully paid shares.
Deposits upon which no allotments are made will be re-
turned in full.

Prospectuses and all information can be obtained from
Messrs. Clench, Smith, and Co., 1, Royal Exchange-build-
ings, and copies of the Articles of Association may also be
obtained from the Brokers and Solicitors.

THE NAPLES PUBLIC WORKS COMPANY
(Limited).
Capital, £1,200,000. First issue, £600,000.
FORM OF APPLICATION.

To the Directors of the Naples Public Works Company
(limited), per Messrs. Clench, Smith, and Co., 1, Royal
Exchange-buildings, London.

Having paid to the Bankers of your Company the sum
of £ for your Company's credit, I request you to
allot me Scrip Certificates of £lOO each in the
said Company. And I hereby agree to accept such Scrip
or any less amount that may be allotted to me, and also to
pay the further sum of £7 for every such Certificate when
allotted to me ; and I agree also, subsequently to accept,
in lieu of such Scrip Certifieate of £lOO, five Share Certifi-
cates of £2O each, and to hold or transfer such Scrip or
Share Certificates, subject to the provisions of the Articles
of Association of your said Company, on the Register of
which you may inscribe my name as a Member in case of
allotment.

Name in full
Address .
Profession or Condition
Date
*** This portion will be retained by the Banker.

NAPLES PUBLIC WORKS COMPANY
(Limited).
-The SUBSCRIPTION LIST will CLOSE for London
and the Country on TUESDAY NEXT, the sth Decem-
ber.

J. F. O'BRIEN, Secretary.