The Sun.
London, England, 1845-09-19 00:00:00

FORM OF APPLICATION FOR SHARES.

To the Provisional Committee of the Manchester, Huddersfield, and
Great Grimsby Direct Railway Company.
I request that you will allot to me Shares of 201. cash in
the above undertaking, and I agree to accept the same, or any less
number that may be allotted to me, and also to pay the deposit of
2/. 2s. per Share thereon, and to sign the Parliamentary Contract and
the Subscribers' agreement.
Dated day of

, 1845.
Name (in fall) ..............
Residence.. • • • ...............
Trade or Profession ..........
Reference. • • •

rrRINIDAD RAILWAY COMPANY
(To be Established and Incorporated by an Act of the Colonial
Legislature.)
Capital 300,0001., in 12,000 shares of 251. each.
Deposit, 21. 10s. per share.
PROVISIONAL COMXITTLE.
Henry Barkly, Esq., M.P.
William Frederick Burnley, Esq., Glasgow
James Cavan, Esq., Park-crescent
John Constable, Esq., Lime-street
Henry Davidson, Esq., Lime-street-square
William Eccles, Esq., Glasgow
John Alexander Hankey, Esq., Brook-street
Thomson Hankey, jun., Esq., Mincing-lane
John Irving, Esq., M.P.
Michael M`Chlery, Esq., Finsbury-circus
Alexander Macgregor, Esq., Chester-street
Charles Marryat, Esq., Laurence Pountney-lane
Philip William S. Miles, Esq., M.P.
James Milligan, Esq., Tokenhouse-yard
Andrew Ranken, Esq., Glasgow
Sir John Rae Reid, Bart., M.P.
Charles William Short, Esq., Laurence Pountney-lane
William Smith, Esq., Glasgow
Thomas Wilson, Esq., Dublin
(With power to add to their number.)
BANKERs—Sir Charles Price, Bart., Marryat, and Price.
SOLICITORS—Messrs. Tilson and Squance, Coleman-street.
This Company Is formed to supply the valuable island of Trinidad
with the advantages of railway communication.
No part of the British dominions appears to present greater natural
facilities for their construction, or to afford a better prospect of return
for the capital required to be invested.
From the time that the island was ceded to the British Crown, at
the • peace of Amiens, it steadily advanced until the abolition of
slavery, when it sustained a severe check, in common with the other
colonies, though its production was not diminished in the same pro-
portion. The fertility of its soil, and the high wages of labour, have
since that period attracted emigrants from all parts, and especially
from the other West India Islands—so that cultivation has been
gradually restored, as will be seen by the official statement of exports.
And, according to the census lately_taten, the population appears to
have increased in the same period fifty per cent.
As the arrangements now made for encouraging immigration pro-
mise to bring a large accession of labour into the colony, so there is
every probability that its production will be progressively aug-
mented. It may be doubled without any addition to the existing
establishments: and it is capable of indefinite extension, there being
still in the possession of the Crown upwards of a million of acres of
the finest virgin land within the tropics. With the increase of popu-
lation, and the prosperity of agriculture, there would of course be a
corresponding increase of traffic.
In forming a system of railway communications which will suit the
present condition of Trinidad, and which will yield an immediate re-
turn, it is, therefore, desirable to contemplate their gradual extension
with the advancement of the colony.
An outline of such a plan has been submitted to the Secretary of
State for the Colonies ; and, although no conclusive arrangement can
be made without the assent of the Legislative Council of the island,
Lord Stanley has intimated that "he is willing to give every en-
couragement he can to the proposed undertaking, consistently with
his duty of watching over the interests of the colony, and that he
will recommend the subject to the favourable consideration of the
Local Government."
Under this recommendation it is expected that a great part of the
land, as well as all the timber, which may be required for the con-
struction of the railways, and the works connected therewith, will be
obtained gratuitously from the Crown ; and it is also confidently be-
lieved that individual proprietors will in like manner grant the land
for the lines that may intersect their estates. The precise course of
these lines will depend, in some degree, upon this encouragement.
It therther anticipated that liberal grants of Crown lands, contiguous
to railways, will be made in connexion with their progressive
extension.
These concessions, while justly made in consideration of important
public advantages, will be of great value to the Company, both im-
mediately and prospectively.
As the Company will be able to conduct the transport of produce,
and the conveyance of passengers, at one-third, or even one-fourth,
of the present expense (which appears to be from three to four
shillings per ton per mile), with the additional advantage of cer-
tainty at all seasons, and protection from waste and plunder, there
can be no doubt that their railways will command the whole of the
existing traffic in the districts which they are to traverse, as well as
any increase which may arise.
It appears that a single line, with passing places, sufficient to ac-
commodate four-fifths of the cultivated parts of the colony, may be
constructed for the amount of capital now proposed ; and upon a
careful examination of the probable revenue, the Provisional Com-
mittee are satisfied that it will yield a large return.
It is proposed that the Engineer of the Company shall proceed
forthwith to Trinidad, accompanied by an adequate number of Sur-
veyors, for the purpose of surveying the intended lines ; and that no
plan shall be finally adopted until he makes a detailed report. He
will be put in communication with an influential and intelligent
Committee in the colony, who will afford the most cordial co-opera.
tion and support.
Provision will be made in the Act constituting the Company for
limiting the responsibility of the Shareholders to the amount of their
respective subscriptions.
Applications for shares, in the form annexed, and for copies of the
prospectus and relative map, to be addressed to the Provisional Com-
mittee, at the West India Chambers, Old Jewry, on or before Monday,
the 6th of October.
Copies of the prospectus may also be obtained from Mr. Matthew
WothersPoon, in Liverpool ; and Messrs. Dennistoun and Jardine, in
Glasgow.
by West II

di& Committee-Rooms, London, 17th Sept., 1845.

GENERAL ESTIMATE OF REVENUE.

TONS,

25,000 Hogsheads of Sugar, being the exports of the
present year, equal to • • ..... •... 21,250
Deduct one-lifth • ......... .......... • • .......... 4,250
17,000
Conveyed on an average 8 miles at Is. per ton per mile.• • •
6,800
Molasses and Rum equal to one-half of the Sugar.. •••• • • • • 3,400
Three millions of lbs. of Cocoa equal to ••.•••• • • • • • • • •• • • 1,350 1,350
Conveyed 10 miles at Is. Per ton per mile .••• • • • • ...... 675
200
Coffee • .
Coals, 5,000 tons conveyed 8 miles at 9d. per ton per mile • • 1,500
Other supplies for estates equal (with the Coals) to
the weight of the Sugar.. •••• • • • •••• • • ..
Conveyed 8 miles at Is. per ton per mile.. •••• • • • • ...... 4,800
Dry goods and other supplies for general consumption 3,415

Amount of existing traffic irrespective of increase £20,790
PASSENGERS.
The population being 60,000. it is estimated that at present
passengers equal to one-third of that number make five
journeys or ten trips per annum over fifteen miles :-
20,000 X 10 X 15=. 3,000,000 at 2d. per
mile• • • • • • • • • • ...... • • ..... • • • • • • • • • £25,000
And supposing this traffic to increase 50 per
cent •

12,500 -37,500

58,290
Led; 40 per cent. for working eYpense€ • • '23,316

£34,974

Or 11% per cent.
FORM OF APPLICATION.
To the Provisional Committee of the Trinidad Railway Company.
Gentlemen,—l request you will allot to me Shares of
£25 each in the above Company ; and I hereby engage to accept
such shares, or any smaller number which may be allotted to me, and
to pay the deposit of £2 10s. for each share, and all further calls
which shall be made thereon ; and also to sign an agreement to
Act or
con-
form to such regulations as shall be established by the c
charter fin the incorporation of the Company.
Name in full ...... • • • • • • • • • •
Residence • • • • • • • • • • ....... • • • • •
Profession or Trade .• ••• .......

Date • • • • ..... ..... ......
Reference .••. . • •1 ..... 0 • •