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

£168,174

Estimated Rental to be received from other Companies for
the use of Terminus ....

scooo

£198,174
Being a revenue of more than 15 per cent. on a capital of 1,300,0001.

The capital, as now extended, will be divided into 65,000 shares of
20/. each, upon which a deposit of 2/. 2s. per share will be payable
forthwith.

A portion of the shares will be allotted to parties locally interested.
The remainder will be distributed amongst the present shareholders
and the public generally, upon application being made by them in a
manner hereinafter mentioned.
The Directors, in compliance with the advice of their( Parlia-
mentary Agents, deem it expedient, in consequence of the recent
standing orders of the House of Lords, to require a deposit of 101.
per cent. The shareholders are, therefore, requested, in order to
carry this arrangement into effect, to deposit their scrip certificate
with the Secretary, on or before the Ist of October next, in exchange
for which they will obtain a certificate upon which the bankers of
the Company will receive the amount of the difference payable, and,
upon producing the receipt and signing the new Parliamentary Deeds,
fresh scrip will be delivered to them.

Applications for prospectuses, maps, and shares, may be made to
the Secretary, at the Offices, No. 8, Finsbury-place South, and the
following sharebrokers :
Messrs. R. Sutton, Gribble, and Sutton, 22, North-side, Royal
Exchange, London
Messrs. Capel, Cuerton, and Lawford, 3, Royal Exchange
George Burnand, Esq., Cornhill
Messrs. Houghland and Leese, 51, King-street, Manchester
William Marshall, Esq., Bank-buildings, Manchester
William Haynes, Esq., Manchester
John Wells, Esq., Royal Bank-buildings, Liverpool
Messrs. Wellbeloyed and Oastler,,Leeds
Esq., Bristol
Messrs. Edwards and Son, and 1%. 11. Lao,
J. R. Lane, Esq., Birmingham
Messrs. Garton and Wright, Sheffield
J. G Kershaw, Esq., Huddersfield
F. C. Spencer, Esq., Halifax
Messrs. Henry Beaumont and Co., Exeter
It. P. Lemon, Esq., Bath.
FORM OF APPLICATION FOR CHANGE OF SCRIP.
To the Secretary of the North London 7unetion Railway Company.
Sir,—l herewith transmit to you scrip certificates of shares held by
me in this Company numsered as at foot, and I undertake to make
the further payment of 14s. Gtl. per share on the said shares, on or
next, and to execute the ne Parliamentary Contract
before
and Subscribers' Agreement when required.w
Dated this day of 1845.
Christian and surname in full
Business or Profession ..
FORM OF APPLICATION FOR *SliAßig: • • • • • *****
To the Provisional Committee of the North London Junction Railway
Company
I request you will allot to me shares of 201. each in the
capital of the above-named and I will accept the same or
any less number, and pay the deposit of 2/. 2s. per share, and sign
the
red Parliamentary Contract and Subscribers' Agreement when uire-
Dated the day of 1845.
Christian and surname in Rill ............
Business or Profession • • • ... • • • • . • • •

Address...—. . . . •• .. :: ...::::: ::
uthreuce.• a•• 0 .. •• •• • •••••••• •••• ••••

AIDLAND, or CHEF-
DEAN, AND GLOUCESTER
.WAY.
itovisionally.)
,000 Shares of 201. each.
a. per Share.
'end the amount of his Share.
COMMITTEE.
William Hughes Hughes, Alder-
man of London
Col. Ilugh Caldwell
George Lawton, Esq.
W. I'. Andrew, Esq.
C. IL Colman, Esq.
Joseph Davies, Esq.
John Wheelton, Esq.
Edward Hall, Esq.
Major White
Captain J. P. Macdougall
William Shelford Fitzwiliiam, Esq,
WilFain Frederick Itcadon, Esq.
Hartley Kennedy, Esq.
James Beech, Esq.
James Morrison, Esq.
(With power t add to their number.)
COMMITTEE OF MANAGEMENT.
',Alvan' Francis Dayrell, Esq., Chairman
Edward Hall, Esq., Deputy-Chairman
Sir William Bacon Johnston, Bart. I George Lawton, Esq.
Sir William Twysden, Bart. W. P. Andrew, Esq.
Major White C. R. Colinan, Esq.
Wm. Hughes Hughes, Esq., Al- W. S. Fitzwillinus, Esq.
dermal]. - W. F. Beadon, Esq.
James Morrison, Esq.
ENGINEER.
Gravatt, Esq.,
LONDON BANKERS
Messrs. Glynn and Co.; and Messrs. Strahan, Paul, and Co., Strand.

WELSH SOUTH I
STOW, FOREST OF
JUNCTION EXTENSION RAIL
(Registered I'
Capital 900,600/., in 45,

Deposit, 2/. 2s
No Shareho!der to be liable bey
PROVISIONAL
The Right Hon. Lord Rossmore
The Right Hon. Col. Dawson'

Damer, M.P.
The Hon. C. Pelham Villiers, M.P.
The Hon. Robert Gore, M.P.
The Hon. Col. Westenra, M.P.
Sir Henry Hunlake, Bart.
Sir Henry Webb, Bart.
Sir William Twyaden, Bart.

• ,
Sir William Bacon Johnson, Bart.
Sir Henry Seale, Bart
William Collins, Esq., I.P.
Edmund Francis Dayrell, Esq.,
High Sheriff of Buckingliainshirel
William Stralian, Esq.

rROWIN*CIAL BANKERS.

Messrs. Bromage and Co„ Chepstow
Messrs. Bailey, Greatrex, and Co., Monmouth
Messrs. Williams and Foils, Newport
The West of England l3aulting 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. H. Phelps, Newport. Monmouthshire
Messrs. A'Beckett, Son, and Symption, 7, Golden-square, Londoa
LOCAL AGENTS.
Chepstow—Messrs. Baldwin and Morgan, Solicitors
Gloucester—Messrs. Ellis, Elliott, and Co., Solicitors
ik SECRETARY.
Mr. William Pro ero, IQ, Old Jewry Chambers, Loudon.
This Line will join th Chepstovr. Forest of Dean, and Gloucester
Junction Railway at Chepstow, and extend westward near to
Piercifield, the far-famed Windcliff, 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 throngh the midst of the
extensive iron works and collieries of Monmouthshire and Glamor-
ganshire, to join the Aberdare branch of the Taff Vale Railway,
which connects Merthyr Tydvil and Aberdare with Cardiff--thus
;orming 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 bo performed in less than (ions
ten 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 twenty-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 parttcu.
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 bf
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" lisematete 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 of 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 of from 25 to 30
per cent. less than it costs at present, and at the same time leave a
handsome remuneration to the Railway Companies.
The Committee of Management have gone very caretbily into
estimates of the goods traffic especially, and they feel justified in
expressing a decided opinion that the revenue from this source alone
will yield 5 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 sfonmouthshire, and the principal part of
those in Glmorganshire ; 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
S. The extensive Tin Works of Messrs. Conway, Messrs. rother-
gill, and Messrs. Jenkins
4. The Pentwyn, Golonos, and Varteg Iron Works And Rolling
•• _

5. The British: Iron Company
6. The Blaenavon'lron Company
7. The Nantylylo
8. The Coalbrooke Vale
'9. The Cwn-Celyn andßlaina Company
10. The Beaufort
11. The Ebbw Vale
12. The Victoria Company
13. The Abhercarne, Pontytnister, and Tydee Tin Worloi, Messrs.
Lewis
14. The Tredegar Iron Company
15. The Shlrhowey
16. The Ithymney and Bute Company
17. The Dowlais Iron Works
18. Carfartha.

Added to which, in the vicinity, are the extensive works and
collieries in the Aberdare Valley, and on either side ;of the intended
railway are collieries raising and vending about one million und a
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 Ilsrtley'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, front
whence frelgkts to London have averaged front 10s. 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 front
the too great uncertainty which exists against obtaining a regular
aid eonstant 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-foetid trade Will be opened out with Ckepstow,
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 be taken for 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 London.

It may confidently be stated that in connexion with the Chep-
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 made
in the Act of Parliament which will be applied for in the next sea-
•ion to limit the liability of the Shareholder to the amount of his
shares, and to allow four 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 thuds 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
horeby given to the Managing Directors as above), to raise any addl•
timid 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, Angei Court, Throgmorton
Street, London ;—Messrs. Hall, Brothers, and Co., Cheltenham ;
Messrs. Tate and Nash, Bristol ; —Mr. Thomas Evans, Bath ;
Messrs. Bradley, Ford, and Parker, Manchester ;—Messrs. IL Davies
and Co., Dale Street, Liverpool ;—Messrs. Chantrell and Boys, Leeds ;
—Messrs. Wilkinson and Earle, Bull ;—and Messrs. Labertouche and
Stafford, Dublin.
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 201. 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 V. 2s. per share, and all future calls thereon, and to sign
the Parliamentary Contract and Subscribers' Agreement when re-
quired.

Dated this
Name in
Residence • . • • ....
Business or Profession ..
•• • •
Name, Residence, and Profession of Referee. • ••
Usual Signature of Applicant • • ••• • • •
WELSH SOUTH MIDLAND, or CHEP-
STOW, FOREST of DEAN, and GLOUCESTER JUNC-
TION EXTENSION RAILWAY.
Notice is hereby given that no Application for Shares in this Com-
pany can be received after the let of October next.
WILLIAM PROTHEROE, Secretary.
rAMPOUX (ARRAS) and HAZEI3ROUCK
RAILWAY (O'NEILL'S COMPANY).
PROVISIONAL DIRECTORS.
IN FRANCE.
Le Vicomte d'Abancourt, Peer of France, Director of the Lyons and
nusrpdoerstse. optanrpitse
St. Etienne Railway
Lells
ofaabrroreilsidfrei.Fl,eErsn,
M. Nanette, Proprietaire de Forges et Fonderies, Arras
tCre°pnrseeillieleurr adelaTCra°
M. Alphonse Laurent, Banker, Director of the Orleans and Bord
Conseil General du Departemeat
Railway, President of the Tribunal of Coinmerce of 111015 eaUK
M. Felix O'Neill, Banker, Paris
Litre. BaronLoui s
de ia
nTte' si‘elhaei r, t r e3ldeemForges,
Paris
du Clier, Paris.

day of

1845.

IN ENGLAND.
Frederic Chamfer, Esq., R.N., Senior United Service Club, Director
of the Great Paris and Lyons Railway
James Watts Peppercorne, 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.
BANICERS—Messrs. Strahan, Peals, and Bates, 217, Strand.
SOLICITOR—E. Benham, Esq., 20, Austin-friars.
SECRETARY—W. Freeing 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 DE, E
onal., in the chair;
the first report of theSPOTTISW English Pr OOovisisq Directors having been
read ;
It was moved by S. D. SCOTT, Esq. ; seconded by G. K. Pou.oeir.

Esq.; and o
That the Directors' report thenunanim readusly beresolved—
adopted, printed, and cir-
culated among the Shareholders.
It was moved by GEORGE PAUL, Esq.; seconded by W. MOUNITOIID

NURSE, 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 ling.
It was moved by E. BENHAM, Esq. ; seconded by S. D. SCOTT, tag.;

and unanllnousty 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 Is the chair.

By order,
W. FREEUNG JFeRDA.I7, SecretarP