The Sun.
London, England, 1841-02-04 00:00:00

TAYLOR'S PATENT WOOD CUTTING
COMPANY.
Capital 50,000/. in 1,000 Shares of 50/. each.
Deposit 11. per Sha e.
The names of the Directors will be published on Seurday
next.

The object of this Company is to carry into profitable em-
ployment the patent which Mr. Taylor has obtained for Eng-
land, Scotland, Ireland, and the Colonies, for cutting wood by
machinery after it has been steamed.
For a quarter share of the profits arising from the manu-
factories, and one-half from the licenses, the Patentee has con-
sented to vest the whole patent right in a Company, providing
adequate capital to carry out the greatbusiness likely to arise front
it. That business may be measured by the fact t hat it is calculated
to superseie all the cooperage in the kingdom in the making
of casks, inasmuch as, if the materials could be had fur nothing,
under the present system, the expense of labour alone would
be greater than the entire cost of both materials and labour
under this patent.
The machinery with but two-horse steam power, performs
.120 evolutions, and with two cutters cuts 210 staves per minute,
making no sawdust, and occasioning no further waste of mate-
rial than the inequalities of the surface of the blocks.
The machinery con be applied to all other wood cutting, as
well as the making of casks, and the patent granting the exclu-
sive privilege of cutting wood softened by steam, cannot be su-
perseded or rivalled by any other mode of cutting, of which the
steaming of wood is a necessary element.
A very large manufactory would be required in London for
the business to be carried on in the metropolis alone—other ma-
nufactories might be established in the large maritime towns of
the United Kingdom, or licenses might be granted to residents
in such towns upon terms to be settled by the Company. At
present the square tower and adjoining premises east of Wa.
terloo-bridge, on the Surrey side, are used for the purpose. In-
dividuals desirous of embarking in the Company may see the
machinery at work daily, and satisfy themselves of the immense
capabilities and great probable profits of the undertaking.
The capital may be expanded or contracted as may be expedi-
ent, and no public Company, whether large or small, can fail in
profitably employing its money. The business may be carried
on with 5,000/. successfully, though ten or twenty times that
amount would create a much more than proportionate return.
Sixteen patents have been granted by foreign Powers, but
it is 11,-,t proposed to include them in this Company.
The Standing Orders of Parliament have been complied with,
.and a. pro , is'esiot. may be essiatts‘ext-tits a Tassed,:
authorising the transfer of the patent to snore than twelve per-
sons, and empowering the Company by Act of Parliament.
Should all the Shares not be taken before the passing of the
Act, the Company will go on with such capital as shall have
been subscribed ; but no further Shares be issued after the
passing of the Act save at a premium, fur the benefit of the
original Shareholders, who shall have the pre-emption of claim-
ing them at such premium.
Application for Shares may be made to E. M. Elderton,
Esq., Solicitor, 40, Queen-square, Bloomsbury ; or W. 11.
Taylor, Esq., the Patentee, at the Manufactory.