The Sun.
London, England, 1846-10-02 00:00:00

PROSPECTUS OF THE

BRISTOL AND POOLE HARBOUR RAIL-
WAY COMPANY.

Capital, 1,000,0001., in 51,000 shares of 201. each.
Deposit, 21. 2s. per share.
(Registered Provisionally.)
PATRONS AND SUPPORTERS.
Sir E. Doughty, Bart., Upton House, Dorset
John Samuel Wanley Sawbridge Erie Drax, Esq., M.P., Charborough

Park, Dorset
J. Weld, Esq., Luhvorth Castle, Dorset
Colonel John Michel, Dulish House, Dorset
Wm. Cartwright, Esq., proprietor of collieries in Monmouthshire and

Glantorganshire.
E. B. Ashford, Esq., Babcary, Somerset.

ACTING COMMITTEE.
HENRY STRETTON, Esq., Ramsgate, Chairman
Major J. B. Home, Army and Navy Club
John Gray Wilson, Esq., Westbourne Grove
Colonel William 3iainwaring Sloane, Seymour-street
Gilbert M`Queen, Esq., Great Coram-street, Russell-square
Thomas Peers, Esq., 1, Lamb's Conduit-place
George Chisman, Esq., Dalston, Middlesex
Sir James Caleb Anderson, Bart.

PROVISIONAL COMMITTEE.
(With power to add to their number.)
Frederick William Hamilton, Esq., 59, Gloucester-place
Rees Price, Esq., M.D., Tyne Hall, Great Ilford, Essex
Capt. T. C. Newton, Bruton-street ;• and Lugwarden, Herefordshire
Thomas Ottery Rayner, Esq., M.D. F.S.A., 1, Matthew's Place,
Cambridge Heath
Rev. C. Davies, Sandgate
Major J. Mill, Guernsey
Benjamin Head, Esq., 27, Gloucester-terrace, Kensington
Edward Sankey, Esq., Canterbury
J. Johnson, Esq., Davies-street, Berkeley-square
G. Pusey, Esq., The Dells, Stoke Newington
N. Crouch, Esq., South-place, Easton-square ; and 64, Pall-mall
R. B. Crofts, Esq., Hamilton-square, Birkenhead, Cheshire
John Britten, Esq., Basinghall-street
Lieut. Charles T. Hill, R.N., Queen's-square, Bristol
henry Lyster, Esq., Spring-terrace, Wandsworth
Captain llippisley, Somerset-street, Cavendish-square
Wm. C. O'Connell, Esq., Upper Seymour-street, Portman-square.
LONDON BANKERS.
London and County Bank
The London Joint-Stock Banking Company.
COUNTRY BANKERS.
Messrs. Stuckey and Co.
National Provincial Bank of England
Messrs. Ledgard and Co., Poole
Messrs. Bastard and Co., Blandford.
EmarrixEs.--George Rennie, Esq.
SECRETARIES (pro. tom.)—Messrs. Castleman and Kingdom.
SOLICITORS.
Gilbert Stephens, Esq., 13, Northumberland-street, Strand.
Messrs. Castleman and Kingdon Wimborne.
Since issuing the former prospectus, the Committee, being deter-
mined to proceed on the surest grounds, and anxious for the ultimate
success of the undertaking, have made fitrther and more minute In-
quiries into the remunerative traffic to be expected on this line ; and
they are warranted in stating that, the result of such inquiries has
greatly exceeded the expectations upon which they grounded their
former prospectus.

This line of railway. commencing at Bristol, will open a direct
communication with Poole, passing through or near the important
towns and villages of Whitechurch, Pensford, Clutton, Shepton
Mallet, Bruton, Castle Cary, IN incanton, Stalbridge, Sturminster,
Newton, Shillingston, Stourpain, Blandford, Spittisbury, Sturminster
Marshall, Wimborne Minster to Poole Harbour ; and thus, by means
of the Line of Packets intended to be established by this Company,
from that port to the Channel Islands and Cherbourg, and the rail-
ways now in progress from the latter place to the French capital,
and from thence to Lyons, will complete the line of communication,
by the most direct way, from Edinburgh to the south of France, thus
enabling that country to supply herself with many articles of com-
merce at little more than half the cost she at present pays, and leav-
ing a good remunerative profit to the Company and producer at home.
Among the various sources of traffic to be expected on this line,
the following are the most prominent :—The supply of the Govern-
ment with Coal from the Welch and Somersetshire pits, by
means of the proposed line, for its different naval and steam
depots throughout the world. The Somerset pits, which are 36 in
number, yield, at present, about 2,000 tons per diem, but are ca-
pable of yielding
el
miles
mbfuyo cr ht3hloeaor quantity;grdearauywsaiyn,
atht the year,
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ne
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et
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than the Company have every reason to expect,' it would yield a
net return of 100,0001., or 10 per cent. upon the estimated capi-
tal ; deduct then 40 per cent. for working the line, wear and tear,
and there remains the sum of 60,000/., or 6 per cent, per annum
on the capital. There can be no doubt of the demand of this
important article of general consamption, from the great dimi-
nution of price to the consumer by the costs of carriage being
reduced to ld. per ton per mile from the present cost, which is
from 6d. to 10d. The supply of the Channel Islands (population
more than 100,000), and of France, with the beat species of
coal for the production of gas, as well as for the use of their
manufactures and for domestic purposes. This article, by means
of the various coal pits situated on the line, will yield to the
Company a very fine remunerative profit, and be of the greatest be-
nefit to the coal proprietor ; as the coal necessary for the purposes of
gas can be obtained in very large quantities, and delivered at Cher-
bourg at one-third less than they are now giving for the same coal,
and which cannot, therefore, fail to be of equal benefit to the mer-
chant abroad, the producer at home, and the proposed Company.
Besides these two great sources of coal traffic, there is the supply of
the southern coast, and the different districts on the line, with coal
for domestic use, at a saving of from six to seven shillings a ton.
This is a circumstance that cannot fail to secure to the Company the
entire traffic, and be of the greatest benefit to themselves and the
public in general. In addition to this, the line will offer to the great
manufacturing city of Bristol a more ready market for all those
articles of commerce of which France and the Channel Islands stand
so much in need, and which are manufactured in great quantities at
that city, and as aeon as the line is completed, tenders will at once
be submitted to Government for the more speedy transmission of the
mails to the Channel Islands, by which a saving of more than
twelve hours will be effected, and to the North and North-west of
Great Britain a saving of twenty-four hours.
There is also very considerable traffic to be derived from the
various stone quarries, iron mines, and clay pits on the line (the
clay pits alone yielding more than 50,000 tons annually) ; sand from
the Isle of Wight, for the manufacture of glass, of which more
than 10,000 tons annually are used in Birmingham alone; the pre-
sent mercantile traffic which now goes round the Land's End to
the Western Ports ; the great agricultural, manufacture, and pas-
senger traffic from the rich and populous districts through which
the line passes; and the traffic which must be thrown upon the line
from the Welch iron and coal masters, as being the nearest and most
direct outlet to the Continent for the produce of that country. In-
dependent of remuneration, this line ought to be looked upon as a
great national undertaking and benefit, as it will do away with the
necessity for vessels now employed in the Dutch, Danish, Swedish,
and Russian trades, bound to the western parts of England, going
round the Land's End, by at once opening to them the harbour of
Poole, which has been pronounced by eminent engineers to be one
of the best natural harbours in the world, and capable, at a small
expense, of being made accessible to vessels of the largest class
with perfect safety, and enabling them to send their cargoes
to their different destinations in less time, and at a less
expense, than at present : by this means, not only will the
shipowner and the merchant be greatly benefited, but the
Company would derive an immense annual revenue from the
cargoes of northern produce thus landed at Poole, to be again distri-
buted, by means of their railway, to the different manufacturing towns
throughout this country; and the passenger traffic that would natu-
rally follow so large a portion of mercantile traffic cannot tail to
yield to the Company a very handsome return upon their outlay.
The average number of vessels detained in this trade in going
round the Land's End amounts, from the most authentic sources, to
about tour thousand, each vessel averaging a detention of five days.
The average tonnage of these vessels amounts to 130 tons, which
would give six men to each vessel, working after the rate of GO/. per
month, which would give, for the number of days detained, 101. to
cacti vessel : this, multiplied by the number of vessels, viz., 4,000,
would give the sum of 40,0001., which will be entirely saved by
means of this line. This is independent of the loss of life, destruction
of property, expense of insurance, and loss of thus, whieh would
all be saved by the projected rail, the statistics of which, did space
allow, would make every one look upon the present undertaking,
not only as one of great local importance, but one of great national
benefit.

The advantages have long been known and aPsea r 1 ted, and the
present Company have determined to bring themP into play in the
most Rill and efficient manner. The expense of storage at Poole as
wteteapeltl
ntansesothinteheLeohratatndhtuiswesnualrde less than at any port in the kingdom ; so
rb.ert7abilleedwtooukldeebpeheisnagbozdisttohpserrfe
perform
a itlevses
thetnv ]alessQpnei for every ownthree from the northern parts, and, by means of
suSgyocfotmhemunication by the electric telegraph and the rapid
present day, many advantages and conveniences will
bsruaerAgavefrece:anrodriisd,fnuteil.teeprirlienvliiemdniiftinnaseraitesinurvey having been made by the Company's
pronounced to present less than the ave-
populous, and level valley,
and the bar at the mouth es, about thirty miles being through a rich,
The harbour of Poole has also been sur-
veyed,norih of the harbour has been pronounced
opening to vessels of the largestws tonnagenoac
to be capable of removal,
aharfebow unrfstinnetunalnelyofbethnieg
sraermesotvanedd;
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and the Couttadmihvtateng
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es offered to the public by the pro-
jectedlegitimacy of the
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et h,
feelth e
themselves
es
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et lsi ex-
cellenceewar .
er:api i commodious
. thnnoe d° line
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rinh rnuaeas ascertained
i offeringio
partyto all
taking
applicants
.il a
sharesrfeoettaking, and basing their views
facts and undoubted
the following conditions,
e said Company shall be
failure of the Company) to a larger amount than
lftiaveblseh(ilinlincgass pecrofshare, unless a greater sum shall be sanctioned at a
General Meeting of the Shareholders called for that.purpose ; so that
in case the Company fail at any period of time prior to such Meeting
being called, the Committee pledge themselves to return If. 17s. per
share,
c n n
n t,anuda proportionately larger amount if the
accounts inspection, show a less expenditure.
instead
o f
the o
Company,
21. 2 s.,
p
submitted
t
At the first general meeting of the shareholders the Committee
sumse
will produce an account, signed by the bankers, of the
several
ud t o
them onthat
accounttnn anionfutnhte
subscribed Company,
itshsetre:
there shareholdersreceived
v edby
the bankers, mimic the ss. per share. of
The future plans of the Company will be laid before the share-
ltnoebilrerinsvaetstthigeairtinflnrsatnngaeipteprranlvize.eting, and everything
FORM OF APPLICATION' FOR SHARES.
To the Provisional Committee of the Bristol anal Poole Harbour
ll thereby warranting
bin i
it the

Railway Company.
I request that you will allot to me shares of 20/.
each in the above undertaking, agreeably to the prospectus ; and I
agree to accept such shares as may be allotted me on the terms above
mentioned, and also to pay the deposit thereon, and to sign the Par-
liamentary Contract and Subscribers' Agreement, When required.i
Dated the day of 1846.

Name •••• . • .• •
Residence ••••••"• • • • • • • •
Trade or Profeaslon •••• • • • •
Reference • • • • • • • • • • • • • • • • • •
Address of Referee •••• • • • •
*** Applications for shares may be made, in we above form, at
the office of the Company, 55, King William-street, City; Gilbert Ste-
phens, Esq., 13, Northumberland-street, Strand ; Messrs. Castleman
and Kingdon, solicitors, Wimborne ; T. Hyatt, Esq.. solicitor, Shep-
ton Mallet ; S. Smith ,Esq., Blandford ; and M. K. Welch, Esq., so-
licitor, Poole.