The Sun.
London, England, 1845-10-17 00:00:00

RAILWAY

TERMINUS COMPANY.
PROVISIONAL COMMITTEE.
The Earl of Kilmorey -
William Bland, Esq.
J. B. Boothby
J. B. Byron, Esq.
Edward Crawley, Esq. Et
William Chadwick, Esq.
Edward Chapman, Esq.
William Chaplin, Esq.
The Count Eyre
Charles Finch, Esq.
Rowland Hill, Esq.
Colonel Henderson `8
J. 1). Lowden, Esq. 4
Apsley Matt, Esq.
H. L. Smale, Esq.
Thomas Smith, Esq.
William Shadbolt, Esq.
T. B. Simpson, Esq.
C. F. Whiting, Esq.,
John Addis, Esq.
J. D. Brown, Esq.
Thomas Farncomb, Esq.
J. G. Hudson, Esq.
A. Inderwick, Esq.
George Miller, Esq.
Captain M'Kinnon
W. L. Whitmore, Esq.
The Committee of the London Central Railway Terminus Com-
pany hereby beg to inform the public that, in consequence of the
extraordinary proceedings of the Proprietors of the Charing-cross
Bridge Company, in reference to the proposed purchase of that struc-
ture by this Company, they decided on availing themselves of another
means of communication with the Middlesex shore, they are happy
to state that their overtures tor that purpose have been most favour-
ably received, and every facility promised ; indeed, the Committee en-
tertain no doubt that such an arrangement will very shortly be
effected as will promote the interest of all concerrrd, and take this
opportunity of stating also that the Allotment of Shares will take
place forthwith.

By order of the Committee,
JOHN F. NEALE, Secretary.

28, Moorgate-street, Oct. 10, 1845

LONDON CENTRAL RAILWAY
TERMINUS COMPANY.
The Committee of the London Central Railway Company hereby
give notice to those Proprietors of the Charing. cross Bridge Com-
pany who were desirous of confirming the arrangement which had
been entered into by the Directors, and subsequently confirmed at a
General Meeting of the Proprietors, that the Committee have
unanimously resolved to give such Proprietors the privilege of
taking Shares in the London Central Railway Terminus Company,
in proportion to the number of Bridge Shares held by them, provided
application is made for the same on or before WEDNESDAY NEXT.
By order, JOHN F NEALE, Secretary.
28, Mosrgate-street, Oct. 16, 1845.

NEWCASTLE AND LONDON COAL
RAILWAY.
(Provisionally Registered).
Capital, 5,000,0001., in 200,000 shares of 251. each.
Deposit, 21. 12s. 6d. per share.
COMMITTEE OF MANAGEMENT.
Henry Bainbridge, Esq., Grosvenor.square, and St.:Paul's Church
yard
Rotten Merttins Bird, Esq. 11. E.I.C. Civil Service, Taplow-bill
George Beauchamp Cole, Esq. Chester.street, Belgrave-square
Captain Mark Currie, R.N., U.S. Club, and Laleham, Middlesex
Wynn Ellis, Esq. M.P. Cadogamplace
John Kinneraley Hooper, Esq. Alderman, Queenhithe
Sir William alagnay, Bart. Alderman, Upper Thames- street
The Hon. E Plunkett, Pall-mall
Richard Harris Purcell, Esq. Cambridge-street, Hyde.park
Sir George Rich, Lowndes.street, Belgrave- square
Andrew Spottiswoode, Esq. Carlton-house.terrace
Henry Birch fie:d Swabey, Esq. Great Cumberland-place
Frederick Taylor, Esq. Worcester-park, Ewell
Nicholas Temperley, Esq. Brixton
Daniel Watney, Esq. Wandsworth
BANKERS.
Messrs. Puget, Bainbridges, and Co., St. Paul's Chureh-yard
SOLICITORS.
Isfessrs.Sutton,Ewens,Ommanney, and Prudence,6,Basinghall-street
CONSULTING ENGINEF.R—WiIIiam Gravatt, Esq , F.R.S.
ENGINEER—H. H, Bird, Esq., 5, Robert-street, Adelphi.
SECRETARY—Edward Blanshard Stamp, Esq.
Offices, 50 A, King William-street- London-bridge.
The establishment of the above railway will effect two great
and imnortant objects :—first, the supply of the metropolis and its
vicinity with coal fully twenty per cent. cheaper than by the pre.
sent mode of transit: secondly, by the exclusion of passenger
traffic to diminish the risk of accidents. The Board of Trade, in
reference to the latter, have in their report upon the subject, laid
great stress on the importance of seperating the passenger from
goods trains ; and the Select Committee on the Coal Trade
recommend that every means of promoting a new supply
of coal should he encouraged. The existing lines from the
north being already crowded to excess with trains of every class,
travelling et velocities varying from fifteen to fifty miles per hour;
and new railways b:ing almost daily projected as feeders to the
great trunk lines, the already prodigious traffic on those lines must
he still further augmented ; so that it may be truly assumed,
that the addition thereto of several millions of tons of coals
and goods is out of the question. It, therefore, becomes
manifestly necessary, with a view to public convenience,
and to supply the metropolis and the intermediate districts
with coals from the coal fields in the north (from which at present
the greater proportion is supplied) that an independent railway,
devoted exclusively to the conveyance of coals and goods at a
moderate and regular speed, should be constructed from Newcastle
to London. It is, therefore, intended to confine this railway to
carriage of coals and goods only ; and it is ascertained that the
conveyance by railway of large quantities, for long distances, at a
moderate speed, and at comperatively low rates, will be as profitable
as the carriage of passengers at a greater velocity, The actual ex-
perience of the London and Birmingham Railway atforde a safe
ground for calculation; the expenses on that line for the year 1844
being 1,4721. p:, mile; at the same rate per mile, 2,000.000 tens ot
coal annually may be ~.....rought the entire distance from Newcastle;
this quantity is about one-half of the present importation from
London, making on the average from 13,000 to 14,000 tons
daily.
The extreme fluctuations to which the price of coal is subject
from irregularity in the supply, dependent as it is on the uncer-
tainty of the winds and weather, has hitherto operated against the
estabishment of manufactories on the banks of the Thames. Front
the same cause, also, London has, at times narrowly escaped total
darkness, the gas works not being able to obtain their regular
supply of coals. In the course of the last five years the prices of
household coal, on the Coal Exchange, have fluctuated between
14s. 6d. to 275. per ton, and last winter the price rose even to 355.
per ton ; the high prices always occurring at a season when the
scarcity, and consequently increased price of coal, is most distress-
ing to the poor.
The removal of the colliers from the Pool is an important con-
sideration, as it will necessarily render the navigation of the
Thames safer for all other vessels ; and it is no valid objection
to this undertaking, that it will supersede, in a great measure
the employment of collier ships, because it is now ascertained, be-
yond a'l doubt, that coals can be brought to London by railway at
20 per cent less than those sea-borne ; and, therefore, London will
be supplied from Yorkshire, Staffordshire, Derbyshire, and South
Wales, unless the present project, or one offering equal advantages
to the northern coal-owners, in their certain and fast approaching
competition with the Infant collieries, be carried into effect.
In addition to the through traffic, accommodation will be afforded
to the intermediate districts for the conveyance of coals and goods,
which will materially increase the revenue of the Company.
The estimated cost of the line is 5,000,000/ , and the traffic, in
coals alone, will give a net return of 10 per cent.
It is proposed to raise the required capital in 200,000 shares of
251. each ; deposit 21. 12s. 6d. per share, the subsequent calls to be
made in the usual way.
The customary clauses will be inserted in the Act, limiting the
liability of the shareholders to the amount of their respective
Shares.
Interest, at the rate of 4 per cent. per annum will be allowed
on all calls between the passing of the Act and the opening of the
railway,
Prospectuses, with fuller information and in detail, together
with Forms of Application, may be obtained on applying to the
Solicitors of the Company, Messrs. Sutton, Ewens, Ommanney, and
Prudence, 6, Basinghall.street ; or to the Secretary, at the Corn
patty's Offices, 50a, King William-street ; to Messrs. B. and M.
Boyd, New Bank-buildings, and Messrs. Wells, Westrop, and
Fringe'', 75, Old Broad-street, London; and Mr. Edward Reid
Messrs. Drewry and Richardson, and Mr. W.lsitten Fordyce, New-
castle.cn.Tyne.

N E WCASTLE AND LONDON COA L
RAILWAY.

The Committee of Management, with the view of enabling re-
sponsible parties (desirous to participate in the allotment) to secure
at least some shares in this great undertaking, will permit the pay-
ment of a preliminary deposit of 10s. 6d. per share previous to ap-
plication being made ; and will guarantee that the parties so paying
shall have shares allotted them, to at least the number upon which
the sum paid by them as a preliminary depcsit shall cover the full
deposit of 21. 12s. 6d. They, however, reserve to themselves the
right of limiting this privilege to the extent of 100 shares, If a
larger number should be applied for, or even of refusing it, in cases
where they may find on inquiry that the applicant is not in their
judgment eligible to be a shareholder; in such cases the deposit
will be immediately returned ; nor will this privilege be extended
beyond the deposition of 100,000 shares, after which the bankers
of the Company will receive instructions to refuse further prelimi •
nary deposits.
The preliminary de;'osits must be paid to the bankers of the
Company, who will furnish a receipt for the same. '1 he Com.
tnittee caution the public not to negotiate such receipts, as their
undertaking to supply the shares holds good only so far as the
applicants, upon their references being examined into, prove re-
spectable and responsible. They particularly request that each
applicant for shares who avails himself of this privilege will state,
in his application, the amount of the deposit be has paid, and the
number of the bankers' receipt.

FORM OF APPLICATION.
To the Committee of Management of the Newcastle and London

Coal Company.
Gentlemen,—l request you will allot to me shares
251. each in your Company, and I undertake to accept the same,
or any less number that may be allotted me, and to pay the deposit
hereon ; and I undertake also to execute the Subscribers' Agree-
ment, or any other decuments that may be necessary, when re-
quired. I am, Gentlemen,
Date
Christian and Surname ........
Profession or Calling
Place of Residence
Reference ...... ........
Usual Signature .................
the C
P.S.—I beg to state that I have paid into ornand
.
pany's bankers, the sum of as a preliminary deposit,
that the number of the receipt for the same is
~EWCASTLh.

COAL

AND LONDON
RAILWAY.
The Committee of Management have the satisfaction to state
that, owing to the measures that have boon taker, tip^ rtaveys, Ste.
are in a very forward state, and that the tiecf,s4,y documents will
be deposited, in accordance with the standing orders of Parliament,
and application made for the Bill in the approaching session.
Officvs, 50, King Wi!ham-street, City,