The Sun.
London, England, 1840-05-19 00:00:00

On the Principle of that laid down at Whitehall.
Capital 150,000/., in 15,010 Shares of 101. each.
Deposit 3/. per Share.
PROVISIONAL C,O3I3IITTER.
G. T. Andrews, Esq. G. Brydges Le Warner, Esq.
Col. S.r Burges Camac,K.C.S. George Langley, Esq.
W. Edward Grainger, EN. T. Lamie Murray, Esq.
George Barrett Lennard, Esq. Clement Tabor, Esq.
With power to add to their number.
liANKEßS—Alessrs. Ladbrokes, Kingecote, and Co.
Seructroas—Messrs. Holgsen and Burton, 10, Salisbury-
street, Strand.
OFFICES—.IO, John-street, Adelphi.
This Company has been formed fur the purpose of applying a
Prineiple of science, discovered by a Foreigner of distiaction,
(and for which a Patent has been obtained), to various pur-
Poses of construction, and more particularly in the present in-
stance, to the very ext nsire one of Wood-Pavement.
With a view to provide a remedy for the incessant noise,
dust and mud, to which stone and Macadamized. pavements
are subject, public attention has of late been much directed t
Wood. This material has been for years used with succes4
ia Russia, Germans', and America, although not constructed,
upon a mathematical principle; which deficiency will be effec-
tually remedied by the application of the present mode.
The great merit of this invention consists in the application
of such a principle, simple in itself, to the form of the blocks.
The mode in which they are placed admits of their being so
firmly united together, as to produce one solid and compact
body ; thereby preventing the Pavement from losing its level
and smoothness, and rendering it much safer, and less slippery,
than any other. The specimen lately laid down at Whitehall
has not only called forth the unqualified approbation of the
commissioners of her Majesty's Woodland Forests, for whom
the work has been executed, but has also excited the admira-
tion of scientific men in general, who have expressed their
opinion of the extensive applicability of the invention, and that
such a Pavement will be most enduring, and, not suffering from
abrasion, must alike be free from dust and mud.
It is, therefore, confidently anticipated, that this mode of
Pavement_ will be universally adopted for the Streets and Car-
nage-ways of this metropolis; combining, as it does, so many
advantages, and particularly, that it can be laid down with
great economy, compared with ordinary Pavements, and kept
in repair at a moderate annual expense. The simplicity of its
Principle admits of the work being executed with great rapi-
dity, so as to interfere in a very slight degree with the gene-
ral traffic. It may be mentioned that the portico in front of
Buckingham Palace, and the space under the marble arch,
lately paved, were completed in the short period of four days.
To show the extent to which the operations of the Company
may be carried, it is only necessary to state that the Roads and
Streets in the Metropolis alone, which are now paved with
Stolle, or Macadamized, comprise between five and six millions
of square yards, and for which, in process of time, there can be
no doubt Wood will be substituted; so that the undertaking of
the Company will assure an ample remuneration to the Share-
holders, even calculating upon a small profit per square yard,
ttdependent of a considerable annual revenue, for keeping the
Pavement in good repair. The reduction of the present large
amount of the Paving Rates will be considerable, for it appears,
from the authentic returns, that the sum appropriated by the
various Parishes in the Metropolis for that purpose consider-
ably exceeds 200,000/. a year; the annual expense incurred by
the Parish of St. Marylebone, for keeping the Macadamized
road in Oxford-street alone in proper repair, has amounted,
upon an average, to the enormous sum of 5,0001.
Arraneements and Contracts have already been made with
the parish of St. Marylebone to pave a considerable portion of
Oxford-street, which is now in progress, as well as with other
Parties, and negotiations are pending for executing works to a
great extent.
The present Proprietors having purchased the right to use
the Patent for the Metropolis and twenty miles round, and
being assured that the success of the principle has opened an
extensive field for profitable investment, propose to form the
undertaking into a Company upon a more enlarged scale, and
to extend the capital to 150,0001., divided into Fifteen Thou-
rind Shares of 10/. each. It is intended to convert the Ca-
Sital of the present Proprietary, amounting to 12,0001. into
ix 'Thousand Shares, with the deposit of 21. per Share as
paid thereon—the remaining 9,000 Shares to be issued to the pub-
lic at a premium of 11. per Share, in addition to the deposit of 2/.,
making the entire deposit 31. per Share; such premium to be ap-
propriated to the present Proprietors, as a compensation for the
hazard they have run in testing the principle of the Patent,
and of establishing the soundness and practicability of the in-
vention, and as a consideration for admitting the public into a
participation of its advantages.
It is intended to apply for Letters Patent, by which the lia-
bility of Shareholders will be limited to the amount of their
subscriptions.
The entire management of the affairs of the Company to be
vested in the Provisional Committee until the Direction shall
be formed. The Directors to consist of the Provisional Com-
mittee, and five other persons to be elected by the Shareholders
within three months from the Ist of May, 1840 ; and one
month's previous notice to be given by the Provisional Com-
mittee of such election, by advertisement in three of the
London newspapers. The qualification for a Director to be
one hundred Shares. Persons holding ten Shares to be entitled
to one Vote ; twenty-five Shares, two Votes ; fifty Shares,
three Votes : and onehundred Shares and upwards, four Votes.
Models and Reports, as t ) the merits of the invention, by
Surveyors, and other competent persons, may be seen at the
offices of the Company, No. 20, John-street, Adelphi.
Applications for Shares to be addressed to the Secretary, at
the Offices of the Company, and to the Solicitors, where Pro- .
spectuses may be obtained.
FORM OF APPLICATION FOR SHARES.

To the Directors of the Metropolitan Patent Wood-Parement
Company.
(11e,sidence).

(Date).

Gentlemen,
I shall feel obliged by your allotting me Shares in the
above-named Company, which I agree to take upon the condi-
tions of the annexed Prospectus, and to pay the Deposit of 31.
Per Share.