The Sun.
London, England, 1860-08-14 00:00:00

PROMOTED BY THE MADRAS IRRIGATION
AND CANAL COMPANY.
THE EAST INDIA IRRIGATION and CANAL
COMPANY.
lobe incorporated by Special Act of Parliament with
Limited Liability.
First Capital, £2,000,000.
With power to increase the same.
first Issue, £12000,000, in 0,000 shares of £2O each.
Deposit £1 per Share.
DIRECTORS.
JAMES THOMSON, Esq., Chairman,
Major-General Philip Anstruther, C. 8.,
The Hon. Philip Pleydell Bouverie, M.P.,
. Lieut.-Colonel John Grimes,
Lieut.-Colonel William Campbell Onslow,
General Sir George Pollock; G.C.8., F.R.G.S., &c.,
Major-General Westrop Watkins,
airman and Directors of the Madras Irrigation and Canal
Company.
CONSULTING ENGINEER.
Colonel J. F. Smith, Madras Engineers, F.R.S., Consulting
Engineer of the Madras Irrigation and Canal CO.
AUDITORS.
James Bonar, Esq. (Messrs. Small and Co.), 8, Old Jewry.
Thomas Quested Finnis, Esq., Alderman, &c.
' BANKERS.
Messrs. Ransom, Bouverie, and Co., 1 Pall-mall East.
SOLICITOR.
John Mackrell, Esq., 34, Cannon-street West.
Secretary—Jon Westwood, Esq.
Offices : —27, Cannon-street, E.C.
F°l. full Advertisement, see The Sun of Bth August, 1860.

ABRIDGED PROSPECTUS.
, The Company scheme and objects proposed to bo embraced
23' thismay be thus described, viz. :—The con-
'traction, maintenance, management, . and working of
a►ieh works of irriamtion, water transit, and water sup-
& in India, with their auxiliary undertaldngs as may,
after
time to time, be found to be of a profitable character,
`ger the necessary sanction of Government has been secured
to each project.
T• he works selected for first operations, and intended to
l
immediately
entered upon, have been examined by en-
trers of the highest attainments and Indian experience,
"° urgently recommended them for construction by Go-
vernment as being, in their opinion, amongst the most
llPortant, and in promise the most profitable of their
Character in India; •
These works will consist of :
Firstly,—lrrigating and Navigable Canals, with all sub-
,sidiary works throughout the rich and extensive alluvil
ueltas of Orissa and the adjoining districts, receiving their
eapply.from the copious and never-failing waters of three
treat rivers, the Mahanuady, the Byturny, and the Brah-
tiany, which, with their affluents, intersect and command
the trade and commerce of countries, together muchiarger
hi extent, than England and Wales, and abounding in
egricultura/ and mineral wealth. The land in Orissa alone,
Capable of being thus affected, is estimated to amount to
about 2,000,000 acres.
Secondly,—A main Irrigating and Navigable Canal, con-
-oCting the above works and districts with the port and city.
of Calcutta, starting from Balasore and passing Midna-
l°or to the Hoogly River, opposite to Calcutta, with all
subsidiary channels necessary to irrigate about 2,500,000
acres of good land contained in the surrounding.country.
-1.110 present Secretary ce State for India, m Council,
„*."' March last, addressed to the Government of India
""'. official communication calling attention to the
...a im-
Vance of constructing these works, and stating that her
jesty's Government were prepared to carry them into
the
as soon as the plans and estimates were approved by
'us local Government. A desire to see an unguaranteed
Company established led, however, he states, to their con-
esigon to this Company.
The main sources of profit will be :
ligation
sale of water to the Government for the
4aTigation of land.
and levied in. respect of the use of the Canals
‘ua Water-ways by the public.
To these may be added as available but subsidiary means
I additional returns
I.—The working of the Canals by the Company by the
°Rrveyance of Passengers, Animals, and Goods thereon.
2.—Rent and other income derived from mills and factories
established on the banks of the various channels.
3.—Cultivation and sale of timber and other produce
I%ised upon the land of the Company. And,
4.—The supply of water for general purposes.
Although these latter are now put forth as secondary
NY, they should by no means be lost sight of—the first of
them
has been already ascertained to be highly productive
'a India, and by the official accounts of the existing Canals
in the North-western provinces of Bengal the profits derived
fre„._ni mills, timber, and bank produce, represent a large per
"vi!tae upon outlay.
It is proposed to limit the issue of capital in the first in-
kance to the sum of £lOOO $OO divided into 50,000 shares
°!...420 each, and to take a first deposit of £1 per share
1..._"43', with a further payment of £1 per share when the
-"42,41 agreement has been concluded ; this will, it is believed,
CO, to support effective operations for the first twelve
months; Of all subsequent calls, full and timely notice
be given to each shareholder.
those
the allotment of shares, preference will be given to
tee applicants who are shareholders in the Madras Irri-
Xl_lon. and Canal Company, to the extent of the number of
shares held by them in that company, and all future issues
A-r
shares in England will be distributed pro rata amongst
Bch of the then existing shareholders in the present cora-
v'n•Y as may be desirous of taking them.
bOWft full Prospectus and form of applications for shares may
be had upon request at the Company's Offices, 27, Can-
" 44 -street, E.C., London; or at the Company's Bankers,
Messrs. Ransom, Bouverie, and Co., 1, Pall-Mall East.

•
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The removal of stumps is unnecessary, and thus
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Most sceptical of the truth and straightforwardness of this
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4CVIESON, Electric Telegraph Office, 448, West Strand,
""oildon. The descriptive pamphlets free for two stamps.

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