The Sun.
London, England, 1845-08-25 00:00:00

CHEPSTOW, FOREST OF DEAN, AND
GLOUCESTER JUNCTION RAILWAY,
Through the Forest of Dean (with Branches to the Collieries, Iron
Works, and Riper Severn). to join the Gloucester and Birmingham,
Gloucester acid Bristol, intended Cheltenham, Oxford, and London
direct, and Gloucester and Aberystwith Railways.
(Registered Provisionally, according to the Act of 7 and 8 Victoria,
Chap. 110.)
Capital 600,0001., in 30.000 shares, of 201. each.
Deposit 21.2 s per Share.
No Shareholder to be liable beyond the amount of his Shares.
PROVISIONAL COMMITTEE.
W. P. Andrew, Esq., Grosvenor-street, Grosvenor-square
Joseph Bailey, Esq., ALP., Glanusk Park, Breconshire
W. F. Beadon, Esq., Director of the Essex and Suffolk Railway
J.ntes Beech, Esq., 15, Grosvenor-place, London
C. R. Coleman, Esq., Irongate Wharf, Director of the South Mid-
land Railway
William Crawshay, Esq., Carfartha, Glamorganshire, and Caver-
sham Park, Berkshire
Edmund Francis Dayrell, Esq., of Lillingstone Dayrell, High Sheriff
of Buckinghamshire, and Director of the Buckinghamshire
Railway
Joseph Davis, Esq., Chepstow, merchant
W. S. Fitzwilliam, Esq„ Broad-street, London, merchant, Director
of the South Midland Railway
Edward Hall, Esq., Director of the South Midland and Northampton
and Cheltenham Railways
William Hughes Hughes, Esq., F.S.A., Alderman, Chairman of the
Manchester and Birkenhead Continuation, Director of the London
and Greenwich Railway Company
Sir W. B. Johnston, Bart, Hilton, Aberdeenshire
George Lawton, Esq., Ditchleys, Essex, Director of the South Mid-
land Railway
William Strahan, Esq., Banker, Fleet-street, London
Sir William Twysden, Bart.
Major White, 105, Pall Mall, Director of the Northampton, Banbury,
and Cheltenham Railway
John Wheelton, Esq., Meophiun Bank, Tunbridge, Kent, Director of
Leicester and Bedford Railway
With power to add to their number.
ENGlNLEa—William Gravatt Esq , F.R.S.
LONDON BANKERS.
Messrs. Strahan, Paul, and Co., Strand ; and Messrs. Glyn and Co.
PROVINCIAL BANKERS.
Messrs. Bailey, Greatrex, and Co., Monmouth and Abergavenny
The' West of England and South Wales Banking Company and
Pranches
Messrs. Bromage and Snead, Chepstow
The Monmouth and Glamorgan Banking Company and Branches
Messrs. Williams and Soas, Newport.
The Gloucestershire Banking Company and Branches
The County of Gloucester Banking Company and Branches
The National Provincial Banking Company and Branches
STANDING COUNSEL—WiIIiam Hughes Hughes, Esq., Temple, London
SOLICITOR—Mr. W. T. H. Phelps, Newport, Monmouthshire
LONDON SoDlClToas—Messrs. a Beckett, Son, and Sympson, 7,
Golden-square
LOCAL SOLICITORS.
Chepstow—Messrs. Baldwin and Morgan
Gloucester—Messrs. Ellis, Elliott, and Swann
SECRETARY—WM; Protheroe,-Esq., 10, Old JeWry-chambers, London
• This railway is intended to connect the South Wales Railway at
Chepstow with Gloucester, Cheltenham, and Birmingham, with the
projected Cheltenham, Oxford (and London direct), Gloucester, and
Aberystwith, Northampton and Cheltenham, and Manchester and
Southampton Railways ; thus forming an uninterrupted line of com-
munication from the South of Ireland, through Fishgard and Milford
in Pembrokeshire, to Gloucester, Cheltenham, Oxford, and London
direct, Southampton, Birmingham, Manchester, Liverpool, and the
North of England, by a less circuitous route than can be effected by
any of the projected plans for crossing the Severn below Gloucester,
thereby avoiding the difficulties which must necessarily be encoun-
tered in such an undertaking, and affording the important towns and
districts upon the intended lines that accommodation which their im-
portance entitles them to.
The whole of the traffic upon the South Wales line passing to the
Eastward of Chepstow will be carried on this line ; added to which
the coal and mineral traffic from the Forest of Dean (which, from
the Eastern side to Gloucester, has been estimated upon authentic
documents and information, at upwards of 300,000 tons ; and from
the Western or Lydney and Chepstow side the same amount of traffic
may safely be calculated upon), amounting to 600,000 tons per an-
num (the produce of the Forest alone), must be carried upon the line,
independent of the local passenger traffic and an extended trade in
the produce of the Forest, which will necessarily follow the facilities
offered by the proposed railroad.
The revenue from this source alone will give a very handsome di-
vidend upon the capital to be expended, which is expected will not
exceed three-fourths of the intended capital.
It is proposed to make branches to tit? Collieries and Iron Works
in the Forest, to the present or any new Ports which may suggest
themselves on the Severn ; and to make the River Wye, at Chep•
stow, the port of foreign export, where vessels of any size can enter
free from the dangers and difficulties attendant upon the navigation
of the Severn, consequent upon the rocks and shifting sands in that
river.

It is intended to build a bridge across the Severn at Gloucester,
which will in no way obstruct the navigation; and the proposed
Gloucester and Aberystwith Company will no doubt be ready to join
this Company in the expense, if they obtain their Act. The cost of
the intended line frOm Chepstow to Gloucester, including the bridge
at Gloucester, and the ono over the River Wye, at Chepstow, to join
the South*Wales, with branches to the Collieries, Iron Works, and
the Severn, is not expected to exceed 450,0001., but it is intended to
provide a capital of 600,0001. to meet any contingencies which may
arise.

A reference to the map will show the self-evident importance of
this line as essential to the perfecting the great project of the South
Wales Railway Company (who have obtained their Act of Parlia-
ment for a railroad from Fishguard and Milford Haven to Chepstow)
n connecting it with the principal railways of the kingdoms, at
Gloucester, and making it the direct road to London, via Cheltenham
and Oxford, for effecting which projects are now before the public
with most influential support. The line is twenty-six miles in
length, has no engineering difficulties; the gradients and curves are
extremely good, And works light.
It may with very great confidence be asserted, that there is
scarcely a short line of railroad in the kingdom which offers
greater advantages to the Shareholders than the present. Pro-
vision will be made in the Act of Parliament which will be applied
for In the next Session to limit the liability of the Shareholder
to the amount of his Shaies, and to allow four per cent. on the
calls.

Applications for Shares, in the usual form, to be made to the
Solicitors, or to Messrs. Carden and Whitehead, Threadneedle •
street, and Messrs. Backhouse and Co., No. 4, Angel Court, Throg-
morton-street, London; Messrs. Hall, Brothers, and Co., Chelten-
ham ; Messrs. Tate and Nash, Bristol ; Mr. Thomas Evans, Bath ;
Messrs. Bradley, Ford, and Parker, Manchester ; Messrs. H. Davies
and Co., Dale-street, Liverpool; Messrs. Chantrell and Boys, Leeds ;
Messrs. Wilkinson and Earle, Hull; and Mears. Labertouche and
Stafford, Dublin.