The Sun.
London, England, 1862-11-29 00:00:00

ATLANTIC AND GREAT WESTERN
itArt,wAY.
ISSUE OF TWO MIL'LION FIVE HUNDRED
THOUSAND I)OLL,iRS BONDS.
Secured by a first registered mortgage, constituting a lien
IM the income and all corporate rights, privileges, lands,
franchises, plant and Property of the Pennsylvania Divi-
sion of the Railway, and guaranteed by the New York
and Ohio Divisions. The interest secured by a trust fund,
and Payable at a fixed rate of Exchange in London.
trThe Bonds are redeemable at par within fifteen years in
ansferable York or in London at 4s. 6d. per dollar, and are
without stamp or endorsement ; 4 per cent. of
the gross amowat wril be drawn yearly in January, corn-
Mencing in 18;34, to be paid off at par in London. Interest
Coupons are, attached to the Bonds, payable semi-annually,
-thil April and October at the Banking-house of Messrs.
Heywood and Co., London, at the fixed rate of 4s. to the
dollar.
The Bonds will be issued at 70, viz.:—
Bonds of 100 deficits at £l5 15s. Od. with the Coupons for
six months' interest, due ht April, 1863.
Bonds of 500 dollars at £7B 15s. Od. with the Coupons for
six months' interest, due let April, 1863.
Bonds of 1,000 dollars at £157 10s. Od. with the Coupons for
six months' interest, due Ist April, 1863.
These Coupons represent £l4 per annum on each Bond
of 1,000 dollars.
TRUSTEES FOR INTEREST AND SINKING FUND IN
LONDON.
Samuel Gurney, Esq., M.P. (Messrs. Overenl, Gurney,
and Co.)
jno. P. Kennard, Esq. (Messrs. Heywood and Co.
Pool )
Charles Mozley, Esq. (Messrs. I. Barnard and Co.), Liver-
.

BANKERS IN LONDON.
Messrs. Haywood, Kennards, and Co.
BROKERS.
Messrs. Joshua Hutchinson and Son, 15, Angel-court,
Throgmorton-street, E.C.
Mr. E. F. Satterthw site, ES, Throgmorton-street, E.C.
Forms of application, with copies of Reports of the En-
gmeer-in.chief, Maps, &c., may be obtained of the Brokers;
or at the Offices of the Company, No. 2, Old Broad-street,
London, E.C.

ATLANTIC AND GREAT WESTERN
RAILWAY.
ISSUE OF TWO MILLION FIVE HUNDRED
THOUSAND DOLLARS BONDS.
No further APPLICATIONS will be received after
THIS DAY (Saturday), the 29th inst.
Offices of the Company, 2, Old Broad-street, E.G.,
November 29, 1862.

„. •
81VsliTm-AFTACAV IRRIGATION and
EST COMPANY (Limited).
i
To b/e
ncorpw ated under the Companies Act, 1862,which
lapecially limits the liability of each Shareholder to the
;Amount of his Shares.
• Capital a,OO(},ODO, in 20,000 Shires of £5O each. (Power
• • ° Increase.) --First issue 10,000• shares.
Deposit_ on application £1 per Share, and a further pay-
. of .f I per Share on allotment. ans not to exceed £2
t„ 'S'344re, and three months' interval between each Call.
is not intended to call up more than £lO per Share.
DIRnOTOREt.
John Barry, Esq., Merchant (Barry and Nephews), Lon-
, don and Cape own, Directpr. of the London and South
African Bank.
Alenaes Black, Esq., (Black ea` Co.), Merchant, London,
Graham's Town, and Port Elizabeth.
lklexander Cron, Esq.(AlExander Croll and Co.),Merchant,
'London and Port Elizabeth.
. `fired, Jarvis, Esq., London (late Chairman of the Cora-
l' •-.Jnier,ciall3ajnk). Port Elizabeth).
Sllsrman Esq., Merchant (Levicks and Sherman),
.London. hn4 Cape Town.
''esePla MOsenthal, Esq., Merchant (Mosenthal and Co.),
London, Port Elizabeth, and Cape Town.
John Paterson,Esq. (Paterson,Kemp, and Co.), Merchant,
• London, and Cape of Good of Hope,Director of the Stan-
dard Bank of British South Africa.
C. Stewart, Esq., Merchant (Stewart and Co.), Liver-
-1001 and Port Elizabeth. -
The Alliance Bank of LondonBANKERS and Liverpool, Lothbury,
London, and The Albany, Liverpool.
SOLICITORS.
Messrs. Flux and Argles, Mincing-lane, London.
BROKERS.
Messrs, J. and J. Whitehead, 8, Moorgate-street, London.
• TEMPORARY OFFICES.
,„ N 9. 27, Moorgate-street, London.
PROSPECTUS.
The South African Irrigation and Investment Company
as established With, a view to aid in the furtherance of those
public undertaktngs in the South African Colonies, includ•
!eg the Cape of Good Hope, British Kaffraria, and Natal,
by which their resources may be more fully developed; the ,
result being in the opinion of the Directors, certain to prove
Most satisfactory to those who ethlsaiir their capital.
The Company's operations will embrace three main
objects__

.h

Ist. That of a Land and Irrigation Company.
2d. That of a Public Works • (more especially a Light-
ing, Paving, and Water ComiSany); and ••
3d. That of a Trust, Loan, and Investment Company.
It has seemed wise to the Directors to combine these ob-
. Sects in one company, since, while all are entirely com-
patible, and can be very properly undertaken under one
•J„management, the heavy expenses of offices, directions, and
• servants for separate companies will thereby be avoided.
The south African Irrigation and Investment Company,
while meeting the wants most keenly felt at the present
time by, the South African Colonies, cannot fail to realise
"0 its, Shareholders ample returns upon the capital.
As a Land and Irrigation Company it will enter upon a
most promising field of operations. Large tracts of fertile
80il along the rivers, and in the great karoos or plains of
bcountry, are to be purchased at very low prices, whin,
tY irrigation works, in dams, tanks, or water leading o from
tie may lie converted, by no great outlay, into proper-
ties many times their original value. The Government
colurns for 1860 of the value of landed estates in these
woturVes show that where by private enterprise irrigation
pal '8 have been constructed on farms, the enhancement of
ba2le has been from five to tenfold ; and as such results
faje been achieved by private enterprise, yet more sada-
or,rY results may be looked for where labour is more
iTiised and scientific skill is brought to bear.
to Company will not only purchase lands with a view
v„,e-sale after the construction of irrigation works, but
ia'ou
~take eon racts for the construction of like works upon
tej`rnraent and private lands. It is known to be in con-
trfiation in next session of the Colonial Parliament to in-
:J.lee a bill to facilitate the construction of a series of Go-
`rmuent tanks, and to secure on the capital employed in
euei, _
of ..'.l.wearks on Government land a Government guarantee
Zit est 6 per cent, per annum.
Afrt a Public Works Company for the towns of South
ea the prospect is equally inviting. There is scarcely
a town. L.
moat cr magnitude which is not now prepared to offer
come iberal and remunerative terms to this Company, to
p Elizabeth
it a constituted Water and Gas Company ; and
;I.‘st ZilZabeth (now the commercial capital of all South-
aessioerbn Africa) caused a Bill to be introduced into last
°C the Colonial Parliament, charging the whole
,06,y37 of the town for £BO,OOO, to guarantee at least
The DPor annum on outlay for works for water supply.
pott.h2rectors feel that the present is a most favourable or
IVoaultY for the establishment of a Company for Pubic
to and, they confidently anticipate that they
at
eliolret
Eliztt'etete arrangements with the authoritiessa Port
Co etli to
become its Lighting, Paving, and Water
raeornY, BO as to ensure a most favourable commence-
be °f business and facilitate future operations. It may
linuarined tha't in towns where, by authority of local
have waterworks have been constructed, they
InvestPer,°ved sources of very large profits on the
.n
capital
'30401 and the only
Gas Company in operation
Per Africa pays annual dividends varying from 15 to
20
Per
bil„in a Trust Comany a very considerable and profitable
aNti.,.e" can be done. It will be in position to offer very
of 41-seeurity to constituents, and the following statement
Was wha g rices
P of Shares in existing Trust Companies will
t may be done under this head :

of
Company,

Paid up

Selling Price

-
tam of Executors ifo S.
co. 8. d.
350 0 0
Bsociation for Administering ntstates 1....
p"eteral Estate, &c
~t't Elizabeth Guardian and 200
100
00
252
00
0