The Sun.
London, England, 1865-05-13 00:00:00

LL WHISKY v. COGNAC
BRANDY.
FRENCHbra Old IRL3FI WHISKY rivals the finest
BRANDY,
Pete, Mild, Mellow, Delicious, and very Wholesome
tilBeold la Bottles, 3s. &1., at the Retail Houses in London; by
at Agents ixt the Principal towns in England ; or wholesale
8, "
GREAT WINDMILL-STREET, LONDON, W.
ahan's LL
Observe the R d Seal, Pink Label, and Cork branded

MUTUAL LOAN FUND ASSOCIATION
(Incorporated by Act of Parliament, MO),
14, RUSSELL-STREET, COVENT-GARDEN,
otLzENS MONEY on Personal and other Security, in sums
o 2° t° X5OO, to be repaid by instalments extending over
„ne, two. or three years. The large Capital of this Associa-
r or
it to complete Its transactions without delay.
In or cffice fees, and strict secrecy observed. la
Demounted at .short notice. Form sent free on receipt of a
directed stamped envelop!.
he Association also lends Money for the purchase of a
use by a ler ant, or for the liquidation of mortgages, on
terhls Most advantageous to the borrower.
EDWARD RARPER, Secretary.

The NATIONAL BANK is authorised to receive SUB-
SCRIPTIONS for the SHARES of the PERUVIAN
RAILWAYS COMPANY, on the terms of the follow-
ing Prospectus.
pERIJVLIN RAILWAYS COMPANY
With (Limited).
- eruvian Government Guarantee of Interest at the
rate of £7 per cent. per annum, as hereinafter set forth,
ou a

Totali, Capital of £3,340,000.
Present
issue__x
670,000, in 66,800 Shares of £25 each.
Deposit £1 per Share on Application, and £2 per Share on
Allotment.
Future Calls Of £2los. per Share will be made at intervals
of not less than three months between each Call.
"'even per cent. per annum will be paid during the con-
struction, and is guaranteed by the International Con-
tract Company (Limited).
DIRECTORS. •
William Latham B ile E (Bailey Brothers and C 0.),.
Liverpool. a n sq.
Wm. Carter Esq.
(Joseph Robinson and Co.). Laurence
Pountney-hill.
`T„,31,31 Ennis, Esq., M.P., Director of the Bank of Ireland.
S. Fletcher, Esq. (Alexander Fletcher and Ca.), 10,
4ulag's'Arras-y
W. R.ard.
8. G. Getty, Esq., M.P. for Belfast, Onslow-square.
Ei ngh am LindsaY'Esq. (Messrs. H. H. Vivian and Co.),
ni
S. L. Roe Esq., Bowling Ironworks, Bradford.
I:lAlbert Lo, Esq., Angel-court, Throgmorton-street,
irector Rothe National Bank.
Robert Simpson, Esq. (Frederick Levick and Co.),
Charlotte-row, and Cwm Celyn Ironworks.

•
BANKERS.
London—The National Bank.
Liverpool—The Nationaießank of Liverpool.
llanchester—The Manchester and Liverpool District Bank.
Ireland—The Bank of Ireland, and its Branches.
The BranchceoswrofßAthere Nationaloßa.l
Bank.
The International Contract Company (Limited).
ENGINEERS.
George Parker Bidder, Esq., C.E.
John Mortimer Heppel, Es.q, C.E.
SOLICITORS.
street.
Messrs. Bircham, Dalrymple, Drake, and Co., Parliament-
Messrs. Baxter, Rose, Norton, and Co., Victoria-street.
BROKERS.
London :—Messrs. P. Cazenove and Co., Threadneedle-
street.
Messrs. Seymour and Co., Throgmorton-street Liverpool :—Messrs. Thomas Tinley and Sons. _
_es-
lilandester :—Messrs. Warner and Page, Stamp Offi
buildings.
Dublin :—Edward Fox, Esq., Dame-street.
SECRETARY.
B. A. Smith, Esq. •
OFFICES.
85, Cannon-street West, E.C.
This Company is formed for the construction anndeewtotrbke-
ing of two lines of railway in Peru—one to
co
seaport of Pisco with the town of Yea ; the
othern to con- '
the city of Arequipa with the port of Mejia .
For the construction of these railways the Government' '
off Peru have granted special concessions, and a guarantee
ot
13' income, which wOuld appear exorbitant, if it
.were
that the statistics of the existing traffic have satisfied nthe
eru •
P... vin Government that the railways, when atwork,
will yield returns which will not only relieve the
Govern-
ment of the charge for their guarantee, but far exceed the '
51 required for that purpose.
tweet 3 -uve Peruvian Government guarantees for the period of
over and above the ars--or until the railways have produced
cost and provision for repair, tie; and
p maintenance for the space of two consecutive
' eaYB, dividends at the rate of 7 per cent. per annum— I
2all nicome of .£233,800 per annum, charged upon the public
oveenuesbeof the State, and further secured by hypotheca: .
guano shipped to European States. The conr
eePsions for the railways contain the usual provision for
Ineu„bursing to the Government out of any surplus (7_e:rs)
lenge a 10 per cent per annum dividend to the shareh ld
it Bguilms'aranifteaen
the as may have been paid by them to cover ,
, The concessions of these lines of railway from the Go
--
ter
3.; no! et
hn. te
t..._or.fauPweruaysi! folir aperiod of 99 years from the open
tai, ainn-Log fund for the redemption of the whole capi
sufficient sum will be set apart t.o
_. at a premium of £lOO per cent., to be operative yearly
a!ter the first 20 years of the working of the railways. The
shares so redeemed to be altogether cancelled, and the accrue to
which would otherwise be payable on such shares to
50 years
to and form part of the sinking fund. After the first
,'.' Years the price at which shares shall be redeemed and
than
shall be regulated at such higher or other price
funda° 4100 want. premium as the state of the sinking
shall *
When4t it is borne in mind that the Peruvian Govern-
of
bearing
the same
cent. per annum inter.este,efirreee
roefae:y borrowed on the same security, is rapidly 'n
of
the unction, it
Twill be quite evident that, irrespective being
P_ospect a much higher rate of dividend
see see from the working of the railways, the nature of
the
vaThe Prospects of revenue from the working of the rail-
gip are, however so great as to render the Government
seceraad,,ntee (in other' respcts so important) a feature of but
consideration.
raiTeh(RerYpublic of Peru has a seaboard of nearly 1,600
perhapsand an area of about 50,000 square miles. There is,
Nu ,no country in the world in which the elements of
adducpropercial prosperity are more complete. The mineral
411174 ts of all kinds with which its interior wovinces
% combined with its long stretch of coast, give it an
04
the
unrivalled facility for the development of commerce
eerneee
obetsei most extensive scale. To this development
ans
or Cony a—and one alone—exists ; the want ofpropermeeeun_
try ullnication between the ports and the interior
In s •
Ite,,,,,,inte of this obstacle the large existing trade of the
fultin'Alc is proved by its Custom returns ;tinder-
theare If s' having for their object the remedy for this de ec
and that
ft,
gO,,Y to be remunerative is'shown by the working of t a aia° and Lima Railway, which now pays dividends.
inell'e aPPrcaching £3O per cent. per annum on the 0n-
,,. cost of construction.
kith? °mina-.
„ ..y charge for the conveyance of goods per
like 1- . eni is equal to the charge for the carriage of a
~;Itlantity in Great Britain 14 miles.
%'- o6)econstruction of the railways to be undertaken
.by
Porta tniPanY will establish communication between im
pou 11 centres of commerce in the interior and the proper
icts on the sea coast.
traltne lin.e from liejia to Arequipa is laid out to serve the
to the which at present takes the route from the latter city
of co.,e, Port of Islay, a route which forms the main channel
quiba-allunimtion from the coast to the districts of Are-f 13011-via:"111, and Cuzco, and the northern portion of
° connection with the last mentioned State is im. por-
t° its4Bo the establishment of a system of railways suitable
The
railwayvr wants is now a subject of serious attention. of anlioW proposed would form one of the. main outlets stail,,' anteh sYstein to the coast of the Pacific, a circ
il 74 vrit 'khan la;loos tn er me
mu; tn
es idtea.scconsiderable additional
%meted from Piseo to Yea is p
roposed to be con-
raeetive
kr, Lima uodor conditions analogous to those of the Callao
a line already referred to.
tra.Zo" i.ln the easy character of the line, and a large existing
r__ the district to be traversed, it is evident that the net
"Znine must greatly exceed the guaranteed amount.
The lengths of the proposed. lines are as follows :
.
Melia to Arequipa
. 90 miles.
Pisco to Yea ..................................... 46 miles.
.............
Total _ ....
entered into with the International ._ 136 miles.
onnoal
othoentlmrzts
Company
A contract for the construction ....
f .....
• has been
(Limited), according to the esti
with the te'irms"
C.E., and J. M. lieppej, E oniite BofG. P. Bidder, Esq.,
Of each. con
to Come
In accordance
pany will be converted into a Socidtd Anon e with h res
to will
be, if necessary, into two Anonyms
Anonyms esa.
The capital of the Socidt6 Anonym°, or Socia6s Ano-
nymes, will be .f.,3,340,000—t0 be issued in shares and bonds.
The present Company has
Liability Compan the shares beinewnbtbrinwiledi abse aexLebimanigteed.
able for shares of a like denomination in the Societd
Anonyme.
Copies of the Articles of Association, of the Contract, and
thee Acts of Concession, with translations, are open, at
roue ofices of the Company, for inspection by parties desi-
seiv ° beemne subscribers, so that they may make them-
su oh acquainted with all the provisions and conditions of
-.ea concessions
will be for-
fe?+..l° de Posit iaid on application for shares . _
the'u and the allotment cancelled in cases where the rlyh
thetjaaYrnent on allotment is duly made in accordance In
wrlns of the allotment letter.
f APplications for shares must be made in the annexed
v!rta, addreSsed to the Directors ,• but no application will
i4''T cnsidered unless accompanied by the receipt of one f_
zZ Bankers of the Company for £1 hare on the
ev.e.l shares applied for. This sum wills be returned 111, the
e of thp application not being acceded to.
be orris .., application
for Shares and Prospectuses may
• has,x.„e t—
„,,,1 National Bank, London
The
National Bank of Liverpool ;
The 13ank of Ireland, and its several branches, Ireland;
..itiT(?..l3rnches of the National Bank, Ireland ;
At the °faces of the Brokers of the Company ; and
85, , tile Offices of the International Contract Company,
Ca Offices
West, London, E.C.
FORM
OF APPLICATION FOR SHARES.
PERrivi.
~,. (To be left with the Bankers.)
- "-Ail RAILWAYS COMPANY (LIMITED).
No
To •
the Directors of the Peruvian Railways Company
4 Gentlemen (Limited).
4ving
,paid to the Bank the sum of
west , being £1 per Share on Shares, I
he ati to allot me Shares of £25 each
-
°llilit
erlivian
Railways
Compal (Limited
lilLreeeliply
azr Y with the Prospectus issued y you, and.its
Artrito become a member of the Company, subject to
Share's of Association and Regulations,
and
bur to e 8) or any less number that may be allotted to me, a
Pay f and to accept such
queet thethat urther sum due on allotment thereof, and I re-
here ;, raY name may be placed on the Register of Mem-
-- respect of the Shares allotted to me.
4 are, Gentlemen, your obedient servant,
Name in full
Address in full
Reference
Date