The Sun.
London, England, 1825-05-28 00:00:00

TION COMPANY.
N Consequence of the respective Legislatures
.1L• of Canada-and Nova Scotia having each Voted sums for
protnoting Steam Navigation between Quebec. and Halifax,
the Directors of the above CoMpany, desirous- of ;secuting to
themselves the advantages thus held out, are, determined to
snake every exertion to carry their intention into immedike
ef-
fect ; and therefore inform thoie persons to whom Shares have
been allotted,,and who have not paid their Deposits, that unless
they do so on or before the 10th day of Jime next, they will
no longer be considered as Subscribers.
London, May 27, 1825. JOHN BDISEY, Sec,.

GROUND-It:ENT • COMPANY.--Capital
£250;000, in Shares of .E 25 each. • •
No further Applications for Shares can be received after the
31St instant.
The Committee of Managementare ready to receive !propo-
sals for Stites of Building Ground, Ground Rents, and Ile.
versions. • • _ • _ _

rospectuses, and every requisite information, may be ob-
tained of Messrs. Andrews and Clift, Joint-Sblicitors to the
CourpanY, 28, Great.Winehoster-street, or 13, Helborn.tourt,.
Gray's Inn.

UT-ELM SLATE, COPPEA, and
-v v MINING COMPANY.

. .
Capital-590,000/. Shares Ten Thousand, Fifty Pomids each.
• - DIRECTORS AND OFFICERS.
-OrtxxrtzgAi.r—S. B. .Al', BARRETT. Fig 4: M.P.
DEPUTY Cli-AlRmAx PETER MOORS, Esq.' M.P.
' ' Honourable W. F. P0W14...TT, 1,11.1).
Init'ECTons.-. •
I William Kershaiv, Es 9.
The Right Hon. Lord N iscount
Palmerston' AI,P. •
Archibald F. Paxton, Esq.
Philip Perring, Esq.
A. A. Surtees, Es.q..
Colonel Talbot, M.P.
AuDiToßs•
George 'Gibson, Esq. I It Talbot, Esq.
Ricbard Ileac, Esq. - W. Wilkinson, Esq.
Tat AsuaEas—ALessrs. Sir William Kay, Bart., Price, Mar-
, !yet, and Colcrtian ; Messrs, Sir JohnPerring, 13art., Shaw,
Barber, and Co.
STANDING CooksEL—W. M. BYthewood, Esq. ; -P. .B.
Brodie, Esq. ; C. H. 11, lierxEsci.
SDLIC ITO tts—Messrs. andVerbeke.

- - -
The Hon. R. Bingham
W. L. Caldecott, Esq.
'The-Right Hon. Earl of Do-

noughmor©
John Gray, Esq.
George Green, Esq.
lion. William Grey

s,
LcrnEr A It Barton, Esq,
INC St r E X T ENDEN George Ilomfray, Esq.
It is not, Perhaps,very generally known, that the valuable
Slate Qtualles4ai inerals which abound in a large portion
of ales, .have been hitherto entirely neglected, or only
very partially worked. Indeed, the mode in which Mining ope-
rations are conducted in this Principality, exhibits sufficient
evidence of the Want Of skill or insufficiency of capital to work
them. The appearance of a vein of Slate or Mineral either in-
duces a-few perStme, generally small tradesmen in the-vicinity;
to agree to explore it in partnership ; ,or some individual with
an incompetent eapitel to undertake it. For this purpose all
adventurersin copper and lead ate divided into sixteen portions
or ounces, and the-usual subscription to commence the working,
seldom exceeds 50/, for each shareholder, who* looks to an im-
mediate return for the investment, and seldom consents to the
profits (if any) of the works being devoted to their extension
and improvement. This also, with reference to, Slate 'Quarries
is the principal cause why at present, with the exception-of Iron
Works (which it is not the intention of this Company to under.
take) there are in a tract of country literally abounding with
the most valuable Slate Mineral, very few conducted-on a scale
promising adequate remuneration. To obtain an immediate
and 'small profit, thi.capabilities ofthe Quarries and Milks are
generally altogether sacrificed ; and if, at any future period,
the shareholders in the adventure, or perhaps, sole proprietbrs
• he induced to extend operation, they often find that all the
Previous workings have only been detrimental to the property,
and a serious obstacle to its improvement.
' This is more particularly the case with the Slate Quarries.—
The immense demand for this article within a few years
would, it might be supposed, have induced the investment of
a large Capital; and the employment of competent talent in the
Production.. But the contrary is the fact; audit appears from
Personal inspection, and the, opinion of individuals well qua-
titled to pronounce on the subject, that with the Principality
of North `Pales at this moment, only two proprietors conduct.
this trade on their own, estates, to that advantage of which it is
29 completely susceptible. Not that other situations and other.
Por tun i ties are wanting—not that the Slate is elsewhere of an;
inferior quality, or more expensive in the prodUction ; for is
• •found to be otherwise the ease in various parts of the Prin...
-iPajitY, both as to quality of material and vicinity to a place
uiPmnt. Yet notwithstanding these advantages, and the
;king Period during which the trade has beensteadily increasing,.
,yiere are now lying in the, ports of Bangor, Caernarvon, and
f rernacioee many vessels from all parts of the kingdom, and
I'il America, waiting for weeks to be loaded with'slate, which
'l.4_ the exertions of,the presenepreFietors of the Quarries are
i,liacient to produce in quantity to supply the demand.—
b...,"37. .defiance. of the unprecedented prosperity of the
6,174 e, the capabilities of numerous situations. fbr Slate
tear
it is fair to. conclue, are altogether unknown to the
great Majority of individuals resident in North Wales, and,
et7rested in this description of property ; or they have been de-
' 'lir by want of' capital from working them with energy.—
co4sideration have induced the proprietors of this Com--
INITI to n s
tenti sy more particular attention to that portion of its i.n.
openitiens connected with Slate, than they otherwise.
tieu_-(ca have felt justified in doing; and they have now the se-
tiork to
cRo v eanounce- to the Shareholders..that . they. have se-
tee.. ?I'd valuable Quarries, compactly situat.ed. various.ne-
it.3,73 the Principality. and particularly-at Testiniog, 31
Shire.
Althlng the main object of this Company will be'the work-
taatio Quarries, yet agreements.have been made for. si-
tvliehn.B,,;a4d Mines of Copper, and Lead in the same vicinity,
is confidently anticipated must prove- em----iinently
T
b...boarhe affrags of
the Company
are under the management of a
do
has irectors and four Auditors. A deed of settlement
beje.„7 Prepared for the regulation of the Company, which,
teguliatelCl"d of by the Directors; is the proper deed of -the
bad._ of the Company, and. ust be signed by every Share..
.ghatzgla taking out his shares, the deposit on which is IW. -a
Proi
--Pect
Cor4DnSes and any further information may he obtained' at
o,,,rtiees No 3 Droad7street-bnildings, City.
.15Y Order' Of 'the Directors
t3l S iet-bnildings; ary 1211.14 I: BO It TON', Sec.

'A PRIVATE TUITION.
CLEItGYMAN Graduate of the -Univer-
-
ired _itY of Oxford, and a Wickhamist, residing i a i!vue
itatoi7nct beattli'y Part of Hampshire, propuSes to receio _
IT'llestibuse, after Midsummer nest, a limited number f
• •
Partteul
t ""e„hirse
aersiadnd References wi!l be gin on APPlicali°"l,
(Postage paid) to the Rev.ve A. B. l'ust Office,