The Sun.
London, England, 1845-09-27 00:00:00

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By- order, P.

A. BARRETT, Secretary.

Sept. 12, 1845,

WELSH SOUTH 3
P.TQW, FOREST OF
JUNCTION EXTENSION RAIL'
(Registered P
Capital 900,0001., in 45,

UIDLAND, or CHEF-
DEAN, AND GLOUCESTER
SWAY.

visionally.)
,000 Shares of 201. each.
s. per Share.
and the amount of his Share.
COMMITTEE.
Willialll
of Londonilughos Hughes, Alder-
man
Col. Hugh Caldwell
George Lawton, Esq.
W. P. Andrew, Esq.
C. R. Colman, Esq.
Joseph Davies, Esq.
John Wheelton, Esq.
Edward Hall, Esq.
Major White
Captain J. P. Macdougall
William Shelford Fitzwilliam, Esq.
William Frederick Beadon, Esq.
('Hartley Kennedy, Esq.
James Beech, Esq.
IJames Morrison, Esq.
(With power to add to their number.)
COMMITTEE OF MANAGEMENT.
Edward Francis Dayrell, Esq., Chairman
Edward Hall, Esq., Deputy-Chairman
Sir William Bacon Johnston, Bart. George Lawton, Esq.
Sir William Twysden, hart. W. P. Andrew, Esq.
Major White C. R. Colman, Esq.
Wm. Hughes Hughes, Esq., Al- W. S. Fitzwilliana, Esq.
derman W. F. Beadon, Esq.
James Morrison, Esq.
ENGINEER.
William Gravatt, Esq., F .R.S.
LONDON BANKERS.
Messrs. Glynn and Co.; and Messrs. Strahau, Paul, and Co., Strand.

Deposit, 2/. 2s
No Shareholder to be liable bey
PROVISIONAL
The Right Hon. Lord Rossmore
The Right Iton. Col. Dawson
Darner M.P. ,

The Hon. C. PelhamVilliers, M.P.
The Hon. Robert Gore, M.P.
The Hon. Col. Westenra, M.P.
Sir Henry Hunloke, Bart.
Sir Henry Webb, Bart.
Sir William Twysden, Bart.
Sir William Bacon Johnson, Bart.
Sir Henry Seale, Bart
William Collins, Esq., M.P.
Edmund Francis Dayrell,
High Sheriff of Buckinghamshire:
William Strahan, Esq.

PROVINCIAL BANKERS.

Messrs. Bromage and Co„ Chepstow
Messrs. Bailey, Greatrex, and Co., Monmouth
Messrs. Williams and Sons, Newport
The West of England Banking Company and Branches
The Monmouth and Glamorgan Banking Company and Branches
The National Provincial Banking Company and Branches
The Gloucestershire Banking Company and Branches
The County of Gloucester Banking Company and Branches.
SOLICITORS.
Mr. W. T. 11. Phelps, Newport. Monmouthshire
Messrs. A'Beckett,'Son, and Sympson, 7, Golden-square, London
LOCAL AORNTS.
Chepstow—Messrs. Baldwin and Morgan, Solicitors
Gloucester—Messrs. Ellis, Elliott, and Co., Solicitors
SECRETARY.
Mr. William Prothero, 10, Old Jewry Chambers, London.

This Line will join the Chepstow, Forest of Dean, and Gloucester
Junction Railway at Chepstow, and extend westward near to
Plereitield, the far-famed Windeliff, and Tintern Abbey, to the towns
of Usk and Pontypool, and over the centre of the great iron and c- al,
field of South Wales, passing near to and throe& the midst of the
extensive iron works and collieries of Monmouthshire and Glamor-
ga tishire, to join the Aberdare branch of the Taff Yale Rai/way,
which connects Merthyr Tydvil and Aberdare with Cardiff—thus
forming a much more direct and almost straight Line—by means of
the railways already made and projected between those immensely
populous districts, and the centre of the kingdom and London, by
means of which the journey by land will be shortened between the
metropolis and this great seat of industry to four and a half, and
between Newport and Cardiff to five hours, which at present, even by
the aid of existing railways, cannot be performed In lass than from
ton to twelve hours.

It will be found by reference to the official census of 1831 and

1541, that the average increase of population of the county of Mon-
mouth exceeded that of any other county in England or Wales ; this
fact is referred to as illustrative of the rising Importance of the
country through which this railway Is intended to pass, and of
the very large passenger traffic which may reasonably be calculated
upon.

The town of Usk, with Ragland, and the rich agricultural district
for many miles around, are supplied by carts from the vicinity of
Pontypool with coal and lime, which are there obtained at a cheap
rate, and in return cattle and provisions of all kinds, hay, corn, and
pit timber to an enormous extent, are sent to the iron works and
collieries, where the consumption is immense. This traffic alone
must necessarily ensure a considerable revenue to the Company, in-
dependent of the great traffic from the manufactured iron, fire
bricks, and paving stone, which is of superior quality, and in great
abundance. The present cost of conveying and delivering iron and
tin plates from the works to London, including transit to the port,
shipping charges, freight, and insurance, amounts to little less than
20s. per ton, whilst by this railway, and those it is intended to join,
the average cost at the rate usually charged for such goods on rail-
ways will effect a saving of at least 25 per cent., and be conveyed
within tvrenty-four hours, instead of the average voyage round the
Land's End of three, and not unfrequently six weeks, and with the
very important advantage of delivering the iron free from rust,
which is unavoidable on a sea voyage, in small bars more particu-
larly' causing a deterioration of from 15s. to 20s. per ton at least.
This railway, by means of the Chepstow, Forest of Dean, and
Gloucester Junction, and the Birmingham and Gloucester Railways,

will open Birmingham as a market for the manufactured iron of
South Wales, from which it has been in a measure excluded, from
the difficalt and expensive transit by the River Severn and Canals.
Large quantities of iron ore, known as " thematete ore," is imported
into Wales, from Lancashire, Cumberland, Devon, and Cornwall; whilst
ore of a similar quality, and equal productiveness for iron making,
exists in abundance in the Forest •f Dean, and may be raised and

delivered from thence by means of this and the Chepstow, Forest of
Dean, and Gloucester Junction Railway to the different iron works
in Monmouthshire and Glamorganshire at an average ahem 25 to 30
per cent. less than it costa at present, and at the Caine time leave a
handsome remuneration to the Railway Companies.
The Committee of Management have gone very carefully into
estimates sf the goods traffic especially, and they feel justified in
expressing a decided opinion that the revenue from this source alone
will yield S per cent. on the proposed capital of the Company, in
addition to the revenue to be derived from the other traffic.

This Railway will pass close to, and within a few miles of, all the
iron and tin works of Monmouthshire, and the principal part of
those in Gismorganshire ; and the following short statistic of the
extent of those stupendous undertakings will give an idea of the vast
importance of the present project. The iron and tin works com-
mence at Pontypool, and are-
1. The Pontymoile Tin and Iron Works
2. The Blaendare Iron and Coal Works
8. The extensive Tin Works of Messrs. Conway, Messrs. Fother-
gill, and Messrs. Jenkins
4. The Pentwyn, Golonos, and Varteg Iron Works and Roiling
Mills
b. The British Iran Company
6. The Blaenavon Iron Company
7. The Nantylylo
8. The Coalbrooke Vale
:9. The Cwn Celyn and Blaina Company
10. The Beaufort
11. The Ebbw Vale
12. The Victoria Company
13. The Abbercarne, Pontymister, and Tydec Tin Works, Messrs,
Lewis
14. The Tredegar Iron Company
•
15. The Shirhowey
16. The Rhymney and Bute Company
17. The Dowlais Iron Works
Carfartha.

Added to which, In the 'vicinity, are the extensive works end
collieries In the Aberdare valley, and on either side ;of the intended
railway are collieries raising and vending about one million and
half tons of coal per annum, which it is not unreasonable to ex-
pect will be greatly extended, by the facilities offered through the
intended railway.
In the districts of Merthyr, Aberdare, and westward, there exists
an inexhaustible abundance of a peculiar description of coal, which,
though inflammable, is nearly smokeless, and is found to be superior
in quality for steam purposes to any yet known. In the London
market it meets with a ready sale at 30 per cent. higher than any of
the best north country Ilitrtley's ; and notwithstanding the high
price, so highly is it esteemed, that the present importation amounts
to nearly 100,000 tons per annum. This coal for the most part is
brought from a distance of 24 miles, and shipped at Cardiff, from
whence freights to London have averaged from 108. to I Is. per ton
during the past year; but so uncertain is the supply to the metropo-
lis, owing to the scarcity of ships on the Welsh coast, and the long
and precarious navigation round the Land's End, that many who are
anxious to adopt their engine grates for its use, are deterred from
the too great uncertainty which exists against obtaining a regular
and constant supply ; these difficulties will be entirely superseded by
the proposed railway, and those it is intended to join, with the great
additional advantage and impetus to increased use and consumption,
that it may be delivered to the consumer at from 2s. to 3s. per ton
less price than at present. Under such circumstances, it will not
appear unreasonable to those unacquainted with the trade, to expect
that the consumption in the metropolis alone will be increased four-
fold, whilst a new-fonad trade will be opened out with Chepstow,
Gloucester, Cheltenham, Witney, Oxford, and the numerous inter-
mediate towns to London, where steam coal is used.
It has been considered more judicious to form a separate Company
for the Extension line from Chepstow to the Taff Vale, than to alter
the Chepstow, Forest of Dean, and Gloucester Junction Railway
Company at present, but powers are proposed to ke takenfor uniting
the two Companies hereafter, with the assent of their respective
Boards of Direction. _ _

Preference will be given to those locally interested, and to the
holders of Shares in the Chepstow, Forest of Dean, and Gloucester
Junction Railway.
A reference to the map will show the importance of this line as
forming a direct line of railway communication between the great
mineral district of Monmouthshire and Glamorganshire, with the
heart of the Kingdom and Loudon.
It may confidently be stated that in connexion with the Chop-
stow, Forest of Dean, and Gloucester Junction Railway, there is
not a line of railroad in the Kingdom which offers greater advan-
tages to the Shareholders than the present. Provision will be male
in the Act of Parliament which will be applied for in the next ses-
sion to limit the liability of the Shareholder to the amount of Ms
shares, and to allow (Cur per cent. on the calls.
Until an Act of Parliament shall be obtained, the affairs of this
Company shall be under the control of the Managing Directors, to
whom power is given to allot the Shares, and to apply the fUnds of
the Company in payment of all the expenses incurred in its forma-
tion, and in the preparation of the Plans and Sections submitted to

Parliament. - -
Power will be applied for in the Act (and in the meantime is
hereby given to the Managing Directors as above), to raise any addi-
tional capital, to extend or abandon any branch of the line, to make
branch lines, or enter into any arrangements, by amalgamation or
otherwise, with any other company or companies, and also to nomi-
nate the first Directors of the Company.
Applications for Shares, In the form annexed, to be made to the
Solicitors, or to Messrs. Carden and Whitehead, Threadneedle Street,
and Messrs. Backhouse and Co., No. 4, Angel Court, Throgmorten
Street, London ;—Messrs. Hall, Brothers, and Co., Cheltenham ;.
Messrs. Tate and Nash, Bristol ; —Mr. Thomas Evans, Bath;—
Messrs. Bradley, Ford, and Parker, Manchester ;—Messrs. 11. Davies
and Co., Dale Street, Liverpool ;—Messrs. Chantrell and Boys, Leeds ;
—Messrs. Wilkinson and Earle, Hull ;—and Messrs. Labertouche and
Stafford, Dnblin.
To the Provisional Committee of the Welsh South Midland or Chep
stow, Forest of Dean, and Gloucester Junction Railway Extension.
I request that you will apportion me shares of 20/. each, In
the Welsh South Midland or Chepstow, Forest of Dean, and Glouces-
ter Junction Extension Railway ; and I do hereby undertake to ac-
cept the same, or any less number you may allot me, and to pay the
deposit of 2/. 2s. per share, and all future calls thereon, asid to alga
the Parliamentary Contract and Subscribers' Agreement, when re-
quired.

day of

Dated this
Name in fu11...• •• • • • • • •
Residence ..... •• • • . •
Business or Profession • . • ..... • • • •
wine, Residence, and Profession of Rofere••• •• ......
Usual Signature of Appliennt .... •.•••• • • •• •• • •

WELSH SOUTH MIDLAND, or CHEP-
STOW, FOREST of DEAN, and GLOUCIEST.ER JUNG
TION EXTENSION RAILWAY.
Notice is hereby given that no Application Par Shares in this Coni•
puny can be received after the at of October next.
WILLIAM I'BOTIIEEOE, Seeretary.

FAMPOUX (ARRAS) and HAZEBROUCK
RAILWAY (O'NEILL'S COMPANY).
PROVISIONAL DIRECTORS.
IN FRANCE.
Le Vicomte d'Abancourt, Peer of France, Director of the Lyons and
St. Etienne Railway
Le Marquis de Flers, Conseiller a la Cour des Comptes
M. Gabriel Helm, Entrepreneur de Transports, Paris
M. Hallett°, Proprietalre de Forges et Fonderies, Arras
M. Alphonse Laurent, Banker, Director of the Orleans and Bordeatm
Railway, President of the Tribunal of Commerce of Blois
3f. Felix O'Neill, Banker, Paris
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du Cher, Paris.

IN ENGLAND.
Frederic Chamier, Esq., R.N., Senior Unity Service Club, Director
of the Great Paris and Lyons Railway
James Watts Peppercorns, Esq., No. 2, Old Broad street
Andrew Spottiswoode, Esq., Deputy-Governor of the Union Bank
of London
William Strahan, Esq., Banker, Strand
George Whitmore, Esq., Deputy-Chairman of the North Kent
Railway.
BAtisEas—liessrs. Strahan, Paula, and Bates, 217, Strand.
SOLICITOR—E. Benham, Esq., 20, Austin-friars.
SEcarreitY—W. Freeling Jerdan, Esq.
At a meeting of the English Shareholders in this Company, held
this day, at the offices of the solicitors of the Company,

ANDREW SPOTTISWOODE, Esq., in the chair;
the first report of the English Provisional Directors having been
read ;

was moved by S. D. SCOTT, Esq. ; seconded by G. K. Fou.osx,
Esq. • and unanimously resolved—

That the Director's' report then read be adopted, printed, and cir-
culated among the Shareholders.
It was moved by GEORGE Peon, Esq.; seconded by W. Moturrroita
NuasE, Esq • and unanimously resolved—
_ _

That the thanks of the Shareholders were eminently due and were
thereby presented to the Directors generally, and to Captain Chamfer
in particular, for their strenuous and successful efforts to obtain the
concession of this important line.
It was moved by E. BENHAM, Esq. ' • seconded by S. D. SCOTT, Esq.;
and unanimously resolved—

That the resolutions be published in the usual newspapers.
ANDREW SPOTTISWOODE, Chairman.

The Chairman having vacated the chair, it was proposed, seconded,
and carried by acclamation—That the thanks of this meeting were
due to the Chairman for his able conduct in the chair.
By order,
W. rammnra aItDAN, Seeretwyi