The Sun.
London, England, 1845-09-29 00:00:00

GREAT LEEDS AND LONDON DIRECT
RAILWAY.
The Committee of Management of this Railway hereby give No-
tice, that in consequence of the unprecedented number of applications
already made for shares in this important undertaking, they have
determined upon rejecting all further applications made after the
2,th September instant. Immediately after that day they will
proceed to make the allotment of the shares and procure the execu-
tion of the Parliamentary contract and subscription deeds.
signed by order of the Committee,
J.. R. GIBSON,
OWEN GRAY, /Registered Solicitors.
J. B. ILLIDGE,
29th September. 1245.

MADRID AND VALENCIA RAILWAY,
authorised by an Ordinanee of her Majesty the Queen of

Spain.
Capital it,400,000/., in 120,000 Shares of 201. each, Spanish reals
(Vellon) 2,000, fr. 500, of which 80,000 will be allotted in this
country. _ _

Deposit 21. per Share, reals 200, fr. 50.
PROVISIONAL COMMITTEE.

The Most Noble the Marquis of Winchester, 27, Cavendish-square
The Lord de l'lsle and Dudley, 16, New Burllngton-street
The Lord Rossmore, the Dell, Windsor
The Right Hon. Lord Charles Beauclerk, Chesham-place, Beigrave-
square, and the Riding, Northumberland
The Right Hon. George Lionel Dawson Darner, 31. P., 6, Tilney-street
The Hon. Charles Pelham Villiers, M.P., 27, Regent-street
Sir William Wynn, Chairman of the North Wales Railway
C. Barry Baldn in, Esq., M.P., 6, Parliament-street, Chairman of the
Paris and Strasbourg Railway
Benjamin Williams, Esq., banker (Mesas. Cockburn and Co.)
William Collins, Esq., M.P., Reform Club
Edward Bates, Esq., Managing Director of the Argus Life Assurance
Company
Samuel Ellis Bristowe, Beesthorpe Hall, Newark, Netts. and 8, Great
Ryder-street, St. James's
John Capper, Esq., merchant, 1, Adelaide-place, London-bridge
William Chadwick, Esq., Montagu-square, Chairman of the Rich-
mond Railway
John Charretie, Esq., Park Village East
Gideon Colquhoun, Esq., Weimer: Lodge, Avenue-road, Regent's-
park, Director of the Worcester and South Wales Railway
Company
William Cooper, Esq., merchant, 20, Mark-lane, and Klngswood
Lodge, Dulwich
Edmund F. Dayrell, Esq., 15, Old Cavendish-street, and Lillingstone
Dayrell, Bucks, High Sheriff of Bucks, Deputy-Lieutenant of the
County, Chairman of the Cheltenham and Gloucester Railway and
Bridgewater and 3finehead
W. Eales, Esq., merchant, Mincing-lane, Director of the Direct
Western Railway
Thomas Farncomb, Esq., Alderman of the City of London, Director
of the London and Westminster Bank
Richard Forman, Esq , Upper Thames-street
James Gernon, Esq., 13, Conduit-street
Major Graham, 16, Grove, Clapham
John Joseph Keene, Esq., St. John's-woed, near London, Director
of the National Bank of Ireland
Wm. King, Esq., Director of the Freemasons' Life Assurance Com-
pany
James J.hn Kinloch, Esq., 21, Gloucester-road, Hyde-park, Director
of the North Wales Railway Company
John Knill, Esq., Fresh-wharf, Thames-street, Director of the
Worcester and Crewe Railway
T. Laurence, Esq., St. Mary-axe, Director of the Direct Western
Railway
Major James Oliver Lindam, K.H., 8, New-street, Dorset-square,
Chairman of the Gloucester and Aberystwith and Central Wales
Railway, and Director of the South Midland Junction Railway
Nicholas 31`Cann, Esq., 50, Parliament-street, Director of the Man-
chester and Rugby Direct Railway
Charles Carroll Mactavish, Esq., 22, Rutland-gate
J. B. Monteflore, Esq., 2, Winchester-buildings, Director of the
Australian Mining Company
William Nicholson, Esq., Manchester, Director of the Manchester
and Rugby Railway
S. P. Pratt, Esq., 55, Lincoln's Inn-fields, Director of the Kennet and
Avon Canal Company
George Clavering Redman, Esq., Limehouse
_ _ _

Colonel Edward Stopford, 9, Manchester-square, Director of the

Barbadoes Railway Company
William Gordon Thompson, Esq., Director of tho South Midland

Junction

S. J. Wale'', Esq., 22, Devonshire-place
William Lectuner. Whitmore, Esq., 19, James-street, Rockingham.
gate, Director of the London Central Railway Terminus.
lANKMU.

London—Messrs. Curries and Co., Cornhlli ; Messrs. Masternsan and
Co., Nicholas-lane; Messrs. Cockburn and Ca., Whitehall.
Madrid—Bank of Isabella 11.
STANDING Cot Nsm—daeob Waley, Esq., Lincela's Ina
SouciToas—Messrs. Keddell, Baker, and Grant, $4, Lime-street.
CONSULTING ENGINEEN—P. Prichard Baly, Ern,
SECRETARY—F. Kirkham lows% Esq.
Offices of the Company, 37, Moorgate-street.

The present Company has been formed for the construction of a
line of railway from Madrid to the city and port of Talencia, the most
central seaport on the Mediterranean. It will open out the re-
sources of an extensive district of country, eastward from the capital,
remarkable for the richness and fertility of its soil, the varied abun-
dance of its productions, and the commercial spirit of its inhabitants.
This railway is authorised by a special ordinance of her Majesty
the Queen of Spain ; and from its vast importance as a national route
of intercommunication her Majesty has been pleased to accompany
the grant with all the privileges and immunities which the Crown is
empowered to confer upon a railway company. Amongst these may
be enumerated—

1. A lease of the line and of its branches for 99 years.
2. The gratuitous grant of such Government and corporation lands
as may be required for the railway.
S. The free use of all timber, the property of the state, that may be
necessary for the works, or for other purposes.
4. The exemption for ten years, to be computed from the com-
mencement of the works, of all import duties on the machinery,
rails, and other articles requisite for the completion of the railway.
5. The entire exemption from all national and local taxes that
could otherwise be levied upon the railway, works, or buildings of
any description, and upon the capital represented by the shares.
6. The Government is not to interfere with the Company's tariff
of charges for the space of forty years from the completion of the
works ; and no revision thereof is to take place on the expiration of
that period that can sink the profits below 15 per cent.
7. The line is to be classed, by a special law, under the title of a

" work of public utility," and as such to enjoy the royal patronage
and protection, and all the peculiar privileges attached to important
national undertakings.

The proposed line, thus largely endowed, is about 240 miles in
length, being upwards of 150 miles nearer the capital than the ports
of Cadiz and the north coast of Spain, and generally nearer than any
other port in the kingdom. Although it has not yet been minutely
survey ed, it is well known that there is no similar district of equal
extent in the kingdom which presents so few engineering difficulties.
For upwards of 80 miles the line will traverse the almost level plain
of Valencia ; and emerging from
._the boundaries of the province, it

will follow as nearly as possible the course of the rivers which flow
east and west from the central plateau in the province of Cuenca,
and approach Madrid by the valley of the 3fanzanares. The line
will either pass through or accommodate the most important towns
in the two provinces, which will thus he brought into rapid com-
munication with the capital on the one side, a seaport on the other.

—This railway will be the means of supplying Madrid, containing
300,000 inhabitants, entirely dependent for provisions upon the con-
tiguous provinces, at a cheap rate, with the rich products of the pro-
vinces of Valencia, which abounds in most valuable mines, and is
beyond comparison the most fertile district of Spain.
Valencia, brought by this communication within ten hours' dis-
tance of the chief market of Spain, must necessarily become the
port at which all vessels with supplies for the metropolis will unload,
and the centre of the coasting trade along the 'whole sea-line from
Barcelona to Gibraltar. _ _

The traffic in passengers and goods now existing between Madrid
and Valencia has been correctly ascertained, showing the following
results :

The annual number of passengers travelling between
Madrid and Valencia, and the intermediate towns, is
upwards of 42,000 ; but taking that number at the
present cost of conveyance by stage coaches, private
—carriages, galeras, and waggons, the amount will be £67,800
The annual weight of goods conveyed between the two
cities and the intermediate localities is 4,900,000 cY •.
from which the return is estimated at

Assuming that two fifths only of the existing charges
become a source of revenue to the railway, and that
the tariff be reduced considerably below the state
tariff of Belgium, there will be deducted ..
..