The Sun.
London, England, 1845-09-24 00:00:00

rirRINID AD RAILWAY COMPANY.
1 (To be Established and Incorporated by an Act of the Colonial

Legislature.)
Capital 300,0001., in 12,000 shares of 25/. each.
Deposit, 2/. 10s. per share.
PROVISIONAL COMMITTER.
Henry Darkly, Esq., M.P.
William Frederick Darnley, Esq., Glasgow

James Cavan, Esq., Park-crescent
John Constable, Esq., Lime-street
Henry Davidson, Esq., Lime-street-square
William Eccles, Esq., Glasgow

• _ .
,John Alexander Hankey, Esq. Brook-street
Thomson Hankey, jun., rsq., !Itilneing-lano

John Irving, Esq., M.P.
Michael M`Chlery, Esq., Finsbury-circus
Alexander Macgregor, Esq., Chester-street

Charles Pitarryai, Esq., Laurence
Philip 'William S. Miles, Esq., M.P.

James Miiligau, Esti., tokeilhouse:yard
Andrew Ranken, Esq., Glasgow
Sir John Rae Reid, Bart., M.P.

Charles William Short, Esq., Laurence Pountney-lane
William Smith, Esq., Glasgow •
Thomas Wilson, Esq., Dublin
.(With power to add to their number.)
BANKERS—Sir Charles Price, Bart., Marryat, and Price.
SOLICITORS—Messrs. Tilson and Squance, Coleman-street.
This Company Is formed to. supply the valuable island of Trinidad
with the advantages of railway communication.
o part of the British dottinions appears to present greater natural
facilities for their construction, or to afford a better prospect of return
for the capital required to be invested.
From the time that the island was ceded to the British Crown, at
the peace of Amiens, it steadily advanced until the abolition of
,
slavery, when it sustained a severe check, in common with the other
colonies, though its production was not diminished in the same pro-
portion. The fertility of its soil and the high wages of labour, have
since that period attracted emigrants from all parts, and especially
from the other West India Islands—so that cultivation has been
gradually restored, as will he seen by the official statement of exports
And, according to the census lately taken, the population appears to
have increased in the same period fifty per cent.
As the arrangements now made for encouraging
immigration pro-
mise to bring a large accession of labour into the colony, so there is
every probability that its production will be progressively aug-
mented. It may he doubled without any addition to the existing
establishments: and it is capable of indefinite extension, there being
still in the possession of the Crown upwards of a million of acres of
the finest Virgin land within the tropics. With the increase of popu-
lation, and the prosperity of agriculture, there would of course be a
corresponding increase olstraffic.
In forming a system of railway communications which will snit the
present condition of Trinidad, and which will yield an immediate re •
turn, it Is, therefore, desirable to contemplate their gradual extension
with the advancement of the colony.
An outline of such a plan hat been submitted to the Secretary of
State for the Colonies ; and, although no conclusile arrangement can
be made without the assent of the LegislatiVe Council of the island,Lord Stanley has intimated that he is willing
to give every en-
couragement he can to the proposed Undertaking, consistently with
his duty of watching over the interests of the colorip and that he
Will recommend the subject to the favourable consideration Of the
Local Government."
Under this recommendation it is expected that a great. part of the
land, as well as all the timber, which may be required for the con-
struction of the railways, and the works connected therewith, will he
obtained gratultoutly from the Crown and it is also confidently be-
lieved that individual proprietors will in like ntatittef grant the land
for the lines that may intersect their estates. The precise course of
thee lines will depend; in some degree, upon this encouragement.
It is further anticipated that liberal grants of Crown lands, contiguotis
to the railways, will be made in connexion with their progressive
extension.
Thete concessions, while justly made in consideration of important
public advantages, Will be of great value to the Company, both im-
mediately and prospectively.
As the Company will bd able to conduct the trans
even one-fourthport of produce,
of the present expense (Which appears to be from three to four
and the conveyance of passengers, at one,third, or ,
shillings per ton per Mile), with the additional advantage of cer-
tainty at all seasons, and protection from waste and plunder, there
can be no doubt that their railways will command the whole of the
existing traffic in the districts which they are to traverse, as Well as
any increase which may arise.
It appears that a single line, with passing places, Sufficient to cc-
conittiodak four.tifths of the cultivated parts of the colony, may be
constructed for the amount of capital now proposed and upon a
careful examination of the probable reventle the ProVisional Com-
mittee are satisfied that it will yield a large return.
It is proposed that the trlgirleer of the Company shall proceed
fottlivtith to Trinidad, accompanied by an adequate number of Sur-
veyors, for the purpose of surveying the intended lines ; and that no
plan shall be finally adopted until he makes a detailed report. He
will be put in communication with an innuential and intelligent
Committee in the eoluny, who will afford the Most cordial co.opera,
tion and support.
the Provisional Cpm-
Provision will be made in the Act constituting the Company for
limiting the responsibility of the Shareholders to the amount of their
earmddrae nsisieedxed, and for copies of the
to
respective Subscriptiont,
A.ppii
prmittee, ospectus
tl
andiek ne Si shares,attiiivid
ie amap,
cl
hn the Chambers,
fr o 3
Old Jewry, on or before Monday,
the 6th of October.
Copies of the pr •o speetut niay alto .he obtained !tom Mr. Matthew
Wotherapoon, in Liverpool ; and Metsrs. nentilstoun and Jardine, in
Glasgow.
West India Committeezltoonis, tendon, 17th Sept,i 18461

. ~ . .
GENERAL ESTIMATE OF ILI VEN&E. •
,eiii6arti.Si ta6g...':• : 1 ilil e.A.ii.:t
.th. exports e...
..
... o.
.the. ii i 0
Deditet One-fifth • • • • • • • •• " " '•
2preselint°F ehaeadV;
—,-.—_.
• •. . per..
r••te—n.p. *** 1+1:e:115.° 1,500
•
i. ii • 0- is- 17:601/ ‘.4,,
Conveyed on an average 8 Mile, iti, ,a, itz ti per nil ti:i .: et
Molasses and Ruth. hotuil th One-half Of the Stigar.... .... . 1.460
Titre ttililintis df WS. df Cdeda eqiial to • •. • ••,
1,3.5 C/
etmeio,ed 40 miles at is. Or teln per mile •:.:.:.:.. ; : .: W
Coffee
5,b0
atones
:••••••• - '2OO
COOttlar!ssu,p.Op.oolleAtonfosreoesntvateeysedelBiiinaill(evaitth9th.6
Coals)
to
..
• the wekitt of the Sugar... ••:•, • • • • ••:' •1•' " • • 12,0(10
Conveyed s title. at ls. per ton per nine. . - • • : 4,Afici
Pry goods and other supplies for general consumption..., „ . 3,415
- -.

Amount of elisting traffic irrespectiit of tricteise
tOsticntltB.

The pepuldtitql being 60,000,1 t. is estimated that at present
—37,500
passengers equal to cue third of 'hat runber.make five
journeys or ten trips per annum over fifteen miles
20,000 10 101 15-- 3,000,000 at 24. per
:E25 000
And supposing this traffic to increase 50 per
Nita •••••• ......... ..... 12,500

Lose 40 per cent, for working expense,
.. 52€491?;

£34,974

Or 11 pet' crit.

FORM OF APPLICATION.
To the Provisional Committee of the Trinidad Railway Company.
Gentlemen,—l request you will allot to me Shares of
£25 each in the above Company ; and I hereby engage to accept
such shares, or any smaller number which may be allotted to me, and
to pay the deposit of £2 10s. for each share, and all further calls
which shall be made thereon; and also to sign an agreement to con-
form to such regulations as shall be established by_ the:Colonial Act or
charter for the incorporation of the Company.
Name in full .. •• •• • •.•• • • •

Residence
Profession or Trade . • .....
I AVIV e . es sett Ile