The Sun.
London, England, 1857-07-02 00:00:00

States
The Share capital is 1,25 in 60,000 shares of $lOO
0 0001.,
each; or 201. 16s Sd . reckoning the dollar at 4s. 2d.
DIRECTORS IN UNITED STATES.
ELISHA C. LITCHFIELD, New York.
LUCIEN D. COMA.N, New York.
JOHN R. BRIGGS, New York.
SAMUEL J. BEALS, New Y,•rk.
EDWIN C. HAMILTON, Now York.
BENJAMIN BRANDRETII, New York..
LEROY M. WILEY, New York.
DANIEL B. GOODWIN. Wa erville, New York;
L. PADDOCK Watertown: New York.
GEORGE TIBBETTS, Troy. New York.
LOWELL HOLBROOK New York.
CHARLES A MACY, New York.
One vacancy.
OFFICERS IN UNITED STATES.
Pres'dent —ELisuA I'. LITCHFIELD.
Vice-President Joim R. BRIGGS.
Treasurer CHARLES A MACY.
Secretary—E. D. SAXTON.
Chief Engineer—A. F. EDWARDS.
Consulting Engineer and Land Agent—JouN B. MILLS
(for many years directing engineer of the River St.
Lawrence Improvements in Canada).
TRUSTEES FOR MORTGAGE OF LANDS.
Ron. JOHN G. FORBES, New York, United States.
Hon. J. VANDERBILT, King's County, New York, United States.
110 D, HENRY WAGER, Oneida County, New York, United States.
BANKERS IN LONDON.
• The Union Bank of London.
SOLICITORS IN LONDON.
Crowder, Maynard, Son, and Lawford, Coleman-street.
BROKERS IN LONDON.
Huggins and Rowsell, 1, Threadneedle-street.
LINE OF ROAD.
• "

This very important line, now in course of construction,
will unite the Eastern end of Lake Ontario at Sackets Har-
bor, - with the Hudson River at the bead of tide water at
Albany and Troy ; thus uniting in a direct line the great chain
of lakes, or inland seas, with the Atlantic Ocean, at New
York. The section of country traversed by this line is the
north-eastern portion of the great state of New York, and
although now covered by a primitive forest of heavy growth,
which is rich in almost every variety of wood and timber,
and filled with mineral prodoctions, it is agricu turally as
well adapted to grazing and general farming pur. oses as any
other aection of the state. The country is filled with lakes,
giving rise to most of the large rivers in the state.
The whole section haS remained in its normal condition un-
til the present time; owing mainly to the course of settle-
ruta' exiigil444444l.,traktae. induced by the opening of the
rie Canal, and the Many lines of railroad leading to the great
West,

LENGTH OF THE LINE.
The length of the lint, with its branch to the iron mines of
the, Adironclalc, will be about 200 miles, Contracts have been
entered into for its construction, including the rolling stock,
rights of way, and stations, the while amount not exceeding
6.0001. per mile, which is less than the average coast of rail-
roads in the United States, and not one-half the cost of the
New York Central and Erie roads, each. The gro-s amount
of the cost will be about 1,200,000/., which includes 100,000/.
of rolling stock. The line will have but one summit, with
level or descending grade eastward to the Hudson Myer, and
westward to Lake Ontario, the summit being about 1,700 feet
above the termini, at 100 miles distance, the heaviest gra-
dient being less than 5J feet to the mile, and these occurring
for three miles only, and with the slope in the direction of the
heaviest traffic. 200,0001. has already been expended towards
the construction of the line, and it is expected that the east-
ern division of 30 miles will be completed by the Ist of Octo-
ber next, and the whole line in eighte n mouths.
CONNECTIONS.

The line, and its proposed branches, will not only unite the
great Western Lakes—whose tonnage, traffic, and commerce
is larger in amount that the foreign commerce of New York
—with the seaboard, by a direct and advantageous route, but
will also bring the city of Yfontrea , and the Graad Trunk
Railway in Canada, into easy communication with New York,
thus materially shortening the distance over the .ine at pre-
sent in use.