The Sun.
London, England, 1844-03-11 00:00:00

GREAT SOUTHERN and WESTERN
RAILWAY
FIRST DIVISION from DUBLIN to CASHEL,
With's BRANCH to ATHY and CARLOW.
Length, 123 Statute Miles.
Capital, One Million Sterling, in 20,000 Shares at 50/. each.
No Shareholder to be liable beyond the amount of his subscription.
Deposit, 2/. 10s. per Share.
Futare calls not to exceed 2/. 10s. per Share, at intervals of not
less than Three Months, until after the commencement of the works,
the progress of which will regulate the amount of the subsequent calls.
PROVISIONAL COMMITTEE. .
PETER PURCELL, Esq., Chairman.
The Earl of Devon John Ennis, Esq.
Lord Monteagle Peter Eckersley, Esq.
Edward Divett, Esq., M.P. R. R. Guinness, Esq.
James Hartley, Esq. Thomas Hutton, Esq.
Edward Can, Esq. William Haughton, Esq.
Simeon Hardy, Esq. Thomas Mooney, Esq.
Sir Edward Borough, Bat. Edward M'Donnell, Esq.
Sir John Burke, Bart: James Perry, Esq.
Sir Thomas Butler, Bart. Sir David Roche, Bart., M.P.
Alderman Joseph Boyce. David Henry Sherrard, Esq.
Richard Cane, Esq. Richard Williams, Esq.
George Carr, Esq.
ENGINEER—John Macneill, L.L.D., F.R.S.
SoLiclTOßs—Barrington, Son, and Co., Dublin; and Fladgate,
Young, and Jackson, London.
SECRETARY—WiIIiam Taylor, Esq., Office, 4, College-green.
DUBLIN BANYERS-.-The Bank of Ireland.
Examsn BA/mils—Glyn, Halifax, Mills, and Co, 67, Lombard-
street, London ; The Manchester and Salford Bank, Manchester ;
The Bank of Liverpool, Liverpool.
The traffic which exists between Dublin and the south and south-
western districts of Ireland, fully justifies the construction of a main
trunk line of railway from Dublin to Cashel, with a branch to Athy
and Carlow. From this main trunk the country is most favourable
for branches to Clonmel, Limerick, and Galway, and of being exten-
ded to Cork, as pointed out in the Report of Mr. Macneill.
The country to be traversed is singularly favourable for the con-
struction of a railway, and, with a slight variation, is the line recom-
mended by the Government Commissioners in their Report, present-
ing no difficulties or obstacles of any kind, and requiring but little
cutting or embanking, which enables the Engineer to pledge himself
that the cost will not exceed 1,300,000/. for the entire work, including
stations, carrying establishment, &c.. complete, being at the rate of
11,000/. per mile.
From Mr. Macneill's great professional experience, and from the
successful and economical manner in which he has just brought the
Dublin and Drogheda Railway works to a completion within his es-
timate, the Committee has every confidence that the calculations Ba-
nished by him for the present work will be found sufficient. It is
fortunate that the nature of the country through which the line is to
be made is such, that, in the event of the atmospheric principle of
transit being found from experience to be preferable to that of loco-
motive engines, it may be applied to this Railway without any in-
convenience or disadvantage, as no deeper cuttings or embankments
would be required for the locomotive, than would be prudent or desir-
able for the atmospheric principle.
The traffic is probably not exceeded on any line of equal extent in
the United Kingdom at present unoccupied by a railway, and holds
out very great inducements for the investment of capital. The re-
turns on whicluthe calculation of traffic is founded, are taken from
those published by the Railway Commissioners, and which, by a
subsequent inquiry, are found to be considerably underrated.
Give a yearly income of.. •• • • • • • • • • • • • • £182,000
From which deduct maintenance and
working at 40 per cent

73,000

Leaving a profit of £109,000 per ann

Which, on a capital of One Million, and a loan of £300,000, would
give a dividend of 9} per cent. It is to be observed, that any amount.
obtained by loan from Government, thereby lessening the extent of
capital to be called up, must necessarily be attended by an increase
of dividend to the subscribers.

Application for shares to be made to the Secretary, at the office,
No. 4, College-green, and to Messrs. • Richard Williams and Sons,
Dublin; to Messrs. John Hellion and Son, Manchester; Mr. James
Pearson, Birmingham ; and to Mr. George King, Secretary to the
Chester and Holyhead Railway Company, 62, Moorgate-street,
London.