The Sun.
London, England, 1844-03-04 00:00:00

INCOLN AND WAKEFIELD RAILWAY.
. Subscribed Capital, 750,0001., in 15,000 Shares of 501. each.
Deposit, 51. per Share.
PROVISIONAL COMIIITIES.
Cherie- P. Grenfell, Esq., London.
Thomas Houldswortk, Esq., M.P., London.
William Marshall, Esq., Peatwortham Hall, Preston.
Joseph llegan, Esq., Liverpool.
Robert Gill, Esq., Mansfield, Woodhouse, Notts.
H. Houldsworth, Esq., Manchester.
Captain Laws, R.N., Manchester.
Leo Schuster, Esq., Manchester.
William Entwistle, Esq., London.
With power to add to their number.
ENGINEER—Thomas L. Gooch, Esq.
BANKERS—Messrs. Cunliffes and Brooks, London and Manchester.
Sosacyroits--Messrs. Brackenbary and Lewis, Manchester.
This Line, of 54 miles in length, is intended to connect the great
productive agricultural district of Lincolnshire, and the towns of
Lincoln, Gainsborough and Doncaster, with Wakefield, the principal
corn and cattle market for the manufacturing population of Yorkshire
and Lancashire, and with the series of large and important towns
bordering upon the line of the Manchester and Leeds Railway through-
out its•entire course. The country into which this line will extend
having never possessed the advantagis of railway communication with
the chief market for its produce, which has been thus compelled to
make use of a circuitous and tardy conveyance, this undertaking will
at once remove many of those difficulties with which the home-grown
corn of that neighbourhood has hitherto contended in maintaining its
ground, even in its own market, against the importation of foreign
grain ; at the same time that it offers in return the means of rapid
and cheap carriage of coal, coke, stone, salt, and lime, more especially
of the two latter articles, to a very large extent, for agricultural pur-
poses, at a reduction of probably not less than 50 per cent. of their
present price. By this means a return cargo would be assured for all
vessels employed in the conveyance of agricultural produce to Gains-
borough and Lincoln.
As regards passenger traffic, a considerable intercourse already
exists between the several towns on the proposed line, as well as
with Wakefield and the manufacturing districts, and there can be
no doubt thatoa similar increase to that which has always resulted
from an improved and rapid communication, may be justly antici-
pated.
These views being confined exclusively to the traffic peculiarly be-
longing to the locality of this line, it is unnecessary to enter into spe-
culative considerations as to the probability of any extension of the
Railway system in that important portion of the kingdom.
After a survey of the country through which the line passes, the
engineer has reported to the Committee that the works will be of easy
construction and inexpensive, and the gradients of a very favourable
character ; the latter is especially a matter of paramount importance
to the economical working of the very large goods traffic that will
naturally flow upon this line. This object will be still further secured
by an arrangement with the Manchester and Leeds Company for
working this line in conjunction with their own, which will be a suf-
ficient guarantee that this important item of railway expenditure will
be seduced to a very moderate amount.
A more legitimate project cannot be contemplated than this, which
so intimately connects the productive industry of the farmer with the
constant and growing demand of a rapidly increasing manufacturing
population.
The deposit to be paid on the allotment of the Shares, and on the
production of the banker's receipt for the same, scrip will be delivered.
Applications for Shares may be made in the annexed form ad-
dressed to the Secretary of the Provisional Committee, No. 9, New
Palace-yard, Westminster :
To THE PROVISIONAL COMMITTEE OF THE LINCOLN AND WAKE-
FIELD RAILWAY COMPANY.
I request you will allot me shares in the proposed
Lincoln and Wakefield Railway, and I agree to take such shares as
may be alloted to me, and pay the deposit of the same, and execute
the Parliamentary contracts and the subscribers' agreements, when
required to do so. Name of Applicant -----
Description
Residence
Date of application
No. 9, New Palace-yard, Westminster, Feb. 19, 1844

PARIS AND STRASBURGH RAILWAY
Total Capital, 60,000,000 Francs.'
To be divided into 120,000 Shares of 500 f. each.
An amount not exceeding a moiety of the same, to lee raised in:
England, in 20/. Shares.
LONDON COMMITTEE.
WILLIAM THOMPSON, Esq., Alderman, M.P.
CHARLES BARRY BALDWIN, Esq., M.P.:
JOHN CROSTHWAITE, Esq., Liverpool.
WILLIAM SAMPSON, Esq., London.
T. M. WEGUELIN, Esq,' London.
R. W. KENNARD, Esq., London.
PARIS COMMITTEE.
Le Comte de MOLE, President, Pair de France.
Le Marechal Comte GERARD, Pair de France.
Mons. de CHEVANDIER, Pair de France.
Mons. ETIENNE, Pair de France. •
Mons. MAGNIER de MAISONEUVE, Depute, de Bas Rhin.
Mons. GANNERON, Banquicr, Depute, de la Seine.
Mons. de L'ESPEE, Depute, de la Meurthe.
Mons. ETIENNE, fits, Depute, de la Meuse.
BANKERS IN LONDON.
Messrs. DENISON, HEYWOOD, KENNA/tDS, and Co.
Sir CLAUDE SCOTT, Bart., and Co.
BANKERS IN LIVERPOOL. ,
Messrs. LEYLAND, BULLINS and Co.
BANKERS IN PARIS.
Messrs. GANNERON et Compaigne.
GENERAL ADVANTAGES.
The limited investment of British capital in the construction of
Railways in France has hitherto been attended with both success and
profit. The proposal, therefore, to establish a railway communica-
tion between the French capital and Strasburg,' the point of depar-
ture to and from Germany, must command public attention and con-
fidence ; more particularly when it can be shown that peculiar faci-
lities are afforded by the French Government, and that those risks
and expenses,will•be obviated, which, to so great an extent, affect si-
milar undertakings in England.
BENEFITS PECULIAR TO FRENCH RAILWAY INVEST•
MENTS.
Conformably to the Law of the 11th June, 1842, the French Go-
vernment have resolved on the formation of a railway from Paris to
Strasburg. It is necessary. to state that, by the terms of that law,
the land will be purchased, and the earthworks, tunnels, bridges, sta-
tions, &c., will be executed by the Government, at their own ex-
pense and risk. A lease of the line for working will be made to the
Company, whose investment will be limited to the ballasting of the
road, the supplying and laying down of the rails, and providing the
engines, carriages, Szc. The ratification of this lease, the duration of
the grant, the conditions of working, and the tariff of rates will be the
matter of a special law.
COMPARATIVE ABSENCE OF RISK.
All the- advantages of railway investment will thus be secured to
the Shareholders without those risks involved in the purchase of
land,,and errors in the estimate of cost, which have so frequently oc-
curred in similar undertakings in England. The only object of consi-
deration will be the conditions to be obtained from the French Go-
`vernMent for the working of the line, and there are sufficient data to
convince the Provisional Directors that favourable terms will be
granted to the propesed company.
• RATIFICATION OF TIIE LEASE.
Negotiations hap already been entered into for a Lease, and it will
be the endeavour of the Provisional Directors to secure its immediate
confirmation, by the Government, which they have every reason to
anticipate will be ratified by law during the present 'session of the
French Chambers.
IMPORTANCE OF THE LINE. •
It will be porceived that the line now proposed, from Paris to Stras-
burg, passing through Meaux, Chalons, and Nancy, must establish
an international communication, traversing the richest and most
Industrious provinces of France, and comtnercially uniting England,
by the port of Havre and the Freach metropolis, with Austria, Ba-
varia, the,mannfacturing province of AlsaCe, Switzerland, and the
Rhine; bringin4 into readier and closer. -intercourse, not only France
and Gerniany, but Great Britain and the whole Continent, the city
of Strasburg being already the point of departure for travellers from
and to the Germanic Provinces, and the,point to which the national
railways of Germany are intended to converge.
RESOURCES OF THE COUNTRY TO BE TRAVERSED—PRO-
BABLE EXTENT OF TRAFFIC.'
No doubt ran exist as to the great extent of traffic to, be anticipated
from the construction of this line. The report of M. Correard, an
eminent civil engineer, which will, be deposited, at the office of the
Company for reference, has been obtained, and in this it is announced
that the agricultural, commercial, and manufacturing resources
cf the provinces bordering or within easy distance of the line, are
those of fifteen of the richest provinces in France—viz., Seine, Seine
et Oise, Seine et Marne, Aisne, Ardennes, Marne, Aube, Haute-Marne,
Meuse, Moselle, Meurthe, Vosges, Haute-Saone, Haut-Rhin, and Bas-
Rhin, abounding in forests, mines, collieries, iron works, mills, and
factories, as well as in rich vineyards, and various agricultural pro-
ductions. All of these provinces import much of what they consume,
and have abundant surplus produce to export. The interme-
diate traffic on this route is considered to be greater than
in any other part of France, the total annual trade being estimated
at 100,000 French tons between Strasburg and Paris ; while that
between and among the various localites enumerated embraces
double this amount. The total population is about SiX milliions and
a quarter, and the total land revenue 320,000,000 f., or 12,800,0001.,
double that of the whole kingdom of Belgium.
PRELIMINARY CONDITIONS OF INVESTMENT.
The amount of capital intended to be raised at present is
60,000,000 f., or 2,400,0001., in nearly equal parts, in England and
France. The deposit to be 50f. or 21. ;on payment of which receipts
will be granted by the respective bankers of the Company, to be
exchanged for certificates of shares at the Company's Office in Lon-
don, when the contract shall he ratified. The remaining instalments
will only be called for at intervals of not less than three calendar
months, at the rate of 21. each ; the first instalment not to be Called
for sooner than three months after thepassing of the law constituting
the Company. After full payment of the amount due in respect of
his shares, each Shareholder will have • the option of receiving cer-
tificates payable to bearer.
INTEREST AND PROFIT ON INSTALMENTS
The instalments will bear interest at 4 per cent. from the date of
the passing of the law, until the Company shall be in full operation ;
and such Shareholders as may pay their calls in London will be en-
titled to any profit accruing from the assumed exchange at 25f. per 11.
LIMITATION OF LIABILITIES.
The privileges of a Societe Anonyme will be secured to the Com-
pany by a Royal Ordinance, which will limit the liabilities of the
proprietors to the amount of their subscription, as 'utile incorporated
railways of England, and the statutes of the Parit and Rouen, and
Rouen and Havre Railway, which have been proved to work well,
will be, as far as practicable, adopted in the constitution of the
Company.

MANAGEMENT OF THE COMPANY.
The executive management of the Company will be conducted by a
Board of Directors sitting in Paris; attended by an English resident
director, and their proceedings will be regularly communicated to the
English directors, who will have the privilege of voting by proxy.
An office will be established in London for the transfer of shares, the
payment of dividends, and the furnishing of information to the
Proprietors.

APPROPRIATION OF PROFITS.
After the opening of the line, the profits, at each declaration of
dividend, will he thus appropriated. An allowance of 5,0001. per
annum to be made to the Directors, including the remuneration of
the English resident Director, and after payment of a dividend to
the Shareholders of five per cent., one per cent. will be reserved as
4 sinking fund; pr,, instead of this allowance of 5,0001., the Directors
may, at their option, clairti -one-ttveidletili of the lemainder, after
the above dividend and reservation'. .The surphis tq be, again di-
vided into twentieths ; eighteen twentieths to be apportioned to' the
Shareholders. and the remaining two-twentieths to the projectors.
PROVISION IN CASE OF NON-CONSTITUTION OF THE
COMPANY.
In the event of the Company not being constituted, the deposit
money will be returned to the Subscribers without deduction, but
without interest, the projectors, in that ease, bearing all expenses.
POWER IND RESPONSIBJLITY OF THE DIRECTORS.
It is obvious that iu such an important undertaking as the present
full power should be given to the Directors, and it must be understood
that the Subscribers are bound by such terms as the Directors may
accept on their behalf, but the Subscribers may rest assured that in
all negotiations the Directors will have a strict regard for the general
interest of the body they represent.
ENGINEER.
An English Engineer of eminence will be appointed by the English
Directors as soon as they are in a
APPLICATION FOR SHARES to require his services.
Applications for Shares to be made to Mr. Wm Inkersole, at the
temporary Office of the, Company, 27, Austin-friars ; to Messrs.
Beavan and Anderson, solicitors, 2,.Adelphi-terrace, Strand, London;
and to Mr. Win. Bridges, 6, Parliament-street, Westminster.

HORIZON rA L•WATCHES,' VERY FLAT.
A B. SAVORY and SONS, Watchmakers, 9,
Cornhill, London, opposite the rank. Price, in Silver
Cases, Three and a-Half Guineas each ; or, in Got t Cases, Six
Guineas each. These Watches are accurate and durable, the Hort.
zontal Escapement being peculiarly suited to combine those im-
portant requisites. They are, jewelled in four hole=, and continue
wound. A twelvemonth's warranty is given
going whilst being
with each.

....:------------ _
APOPLEXY PREVENTED . •
DETERMINATION. of BLOOD to the HEAD,
AP OPLEXY, &c., effectually prevente.. by the: occasional
use of " FRAMPTON'S PILL OF HEALTH," which, by
strengthening the action of the stomach, and promoting a healthy
and regular digestion of the food, prevents a tecurrence of those synr.
sums of this alarming disorder, giddiness, opprese on of the brain,
singing noise in the ears, headache, &e. They are an excellent
aperient, without griping or prostration of strength, create appetite,
relieve langour, and invigorate the spirits, while to he free liver or
se
Sold they ofihr advantages that will not fail tote appredated.
Sold by T. Prout, 219, Strand, Lon don; Price Is. 14st. and 9.5. 9d.
per box ; also by the venders of medicines generally throughout the
kingdooi. ?s
rim, a HEALTH, and obsErve the
Ask tor FRAMPTON
name and address of " TisotasiS PrPilt, 22R, WWI London; on the
qrftiroment Salop , .
, _ •

z::..~_ .. ".~