The Sun.
London, England, 1845-10-20 00:00:00

BANKERS.

ano Co., St. Paul's Churchyard
N e ‘t
l'ce as se. rt
ls ..n gAlnwick The North of England Joint-stook Banking
Berwick Company
Durham
Darlington—Mrs. ess
• Jonathan Backhouse and Co.
.Pu.re3t, Tyne
Bainbridges,
York—The York City and County Banking Company
Hull—The Hull Banking Company
Doncaster—Messrs. Perfect and Smith
Lincoln— Messrs. Smith, Ellison, and Co.
Newark—Newark and Sleaford Bank
Grantham—Messrs. Hardy and Co.
Stamford--Stamford, Spalding, and Boston Banking Company
Peterborough—Messrs. York and York
Huntingdon—The Town and County Bank
Bedford—The Bedford Bank
Hertford— The Hertford Bank
Edinburgh l• The Royal Batik of Scotland
Glasgow
Leeds—Messrs. Beckett and Co.
Bristol—Stuckey's Banking Company
Manchester—Messrs. Jones, Loyd, and Co.
Liverpool—Messrs. Heywood and Co.
Derby—Messrs. Smith and Co.
Nottingham—Messrs. Smith and Co.
Birmingham—Messrs. Attwood, Spooner, and Co.
Coventry—Coventry Union Banking Company.
SOLICITORS.
Messrs.Sutton,Ewens,Ommanney, and Prudence, 6,Basinghall-street

CONSULTING. ENGINEER—WiIIiam Grayatt, Esq ,
ENGINEER—H. H, Bird, Esq., 5, Robert-street, Adelphi.
SECRETARY—Edward Blanshard Stamp, Esq.
Offices, 50A, King Willialm.street, London.bridge.

The establishment of the above railway will effect two great
and important objects :—first, the supply of the metropolis and its
vicinity with coal fully twenty per cent. cheaper than by the pro.
sent mode of transit: secondly, by the exclusion of passenger
traffic, to diminish the risk of accidents, which objects can only be
attained by constructing a railway for the express purpose of carry-
ing coals and merchandise exclusively.
The expenses of the London and Birmingham Railway for 1844
(set forth in the prospectus of this Company), prove that coal
may be brought the entire distance from the Northern Col•.
lieries to London at one-half the cost of coal conveyed by ship, and
yet leave a profit of ten per cent. upon a capital of 5,000,0001., and
this is also satisfactorily ascertained, by calculations more directly
referring to the Coal Railway itself.
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. It is,
moreover, clearly to be shown that the supply of coal to be ob-
tained by means of the Coal Railway, in neighbourhecds where
the price has hitherto been so great, will effect a reduction in some
places of one-half, and in others two thirds of the former rates.
It is proposed to raise the required capital in 200,000 shares of
251. each ; deposit 2/. 12s. 6d. per share, the subsequent calls to be
made in the usual way.
Tie 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,

' The Committee of Management have the satisfaction to state,
that
proowspiteigtutosetsh. e measures that have been taken, the surveys, &c,,
are in a very forward state, and that the necessary documents will
be deposited in accordance with the standing orders of Parliament,
and application made for the Bill in the approaching session.
with) le::
sco,
fliAa,imii!gihehitfiLlu:l:l,te,rr
je,,i;:iyforbm,a‘tit:!n„
:,7,id
~i,n,
edi:il,,,:_,l7oetlz:
Solio;itoes of the Company, Mcs.is. Suttoa, 10:wcns, Ounnatiney, and
or to ili.., Secretary, at the Coin
parry's Offices, 30a, King I,,,nliarti..trcel, I.itY ; 1,0 Mcsns. I. ";,,-;
M. Boyd, New Bank buildings, and 3.lessrs. Wells, Westrop, and
Prinsep, 75, Old Broad-street, London; and Mr. Edward Reid,
Mr. William Fordyce, and Mr. John Benson, Newcastle•en-Tyne;
Messrs. Robertson and Co. and Mr, Robert Allan, Edinburgh;
, .