The Sun.
London, England, 1845-05-15 00:00:00

PROSPECTUS.

• This Company has been formed for the purpose of extending to
India the great benefits of internal railway communication.
It proposes to effect a commencement of a system which shall
have for its object the connexion of the several Indian presidencies
with each other, and with the nearest point of intercourse with
Europe at Bombay, and at the same time to develope the great and
unimproved resources of the interior of the Peninsula.
The vast importance of the object has been fully recognised by the
East India Company and the Board of Control, who are prepared to
undertake such surveys as may be necessary to enable them to take
into consideration the general question of railroads in India.
• The promoters of this measure have represented to these authori-
ties that this Company may propably find, on due inquiry, that it
will be impracticable to execute the intended roads without a
guarantee by the Government of a certain though small dividend, or
of some equivalent advantage ; they have therefore much satisfac-
tion in stating that the Government proposes to depute to India a
skilfull engineer, to be associated with others to be appointed by the
Goverment of India for investigating the subject ; and when the in-
formation to be so obtained shall have been received, it will be pre-
pared to take. into consideration the mode and extent of whatever
pecuniary assistance it may be proper for the Government of India
to afford towards the execution orprojects of this description.
It is understood that the survey of an experimental line will be
executed as soon as possible, with the especial sanction and assist-
ance of the Government, as stated above, by whom the cost of such
survey or surveys will be borne, and the requisite arrangements, if
any. with the native Governments and the owners of the land will
be undertaken. On the completion of these preliminary steps it will
remain for the Shareholders to determine whether or not the
prospects of the undertaking, as thus ascertained, and the terms
assented to by the Government, will warrant the further prosecution
of the design.
From documents, to which access has been most liberally given by
the Directors; of the East India Company,, very exact information
has been obtained as to the general engineering character of the in-
tended lines ; the same authentic source, and the communications of
gentlemen long engaged in high political and military service in the
Deccan, have supplied the facts on which the following statements
are founded. It appears highly probable from these that further in-
quiries will lead to a most favourable semi`, and issue in the final
establishment of the Company on satisfactory data. In that case the
Company will be established under a charter from the Government in
India, and if necessary a charter from the Crown will subsequently
be applied for.
In this state of things the Provisional Directors consider themselves
justified in laying the proposed undertaking before the public. It has
been agreed that the capital ofthe Company shall be fixed at 6,000,0001.,
in shares of 501. each, making 120,000 shares, upon which it will be re-
quired that a deposit of 2/. 10s. per share shall be paid at the time of
issue. The amount of these deposits will be invested in Exchequer
Bills or East India Bonds, or is such other securities as may be con-
sidered safe ; and as the disbursements of the Great Indian Railway
Company will be limited to such expenses as may arise out of pro-
ceedings necessarily connected with the preliminary surveys, and to
such other charges as are incidental to its general management, it
may be safely assumed that the interest to accrue on deposits will al-
most, if not altogether, dehay all the expenses of a preliminary cha-
racter. If, therefore, it should be hereafter judged to be inexpedient
to carry out the present intentions of the Great Indian Railway Com-
pany, either from the unfavourable reports of the engineer officers, or
from the support to be given to the Railway Company by the Ho-
nourable the East India Company, under the permission of her
Majesty's Government, not being considered adequate by a majority
of the Shareholders, the deposit of 21. 10s. per share, and the interest
which shall have accrued upon its investment, will be returned sub-
ject to Use payment of all necessary expenses.
It is not intended to proceed until after the report of the engineers
in India shall have been received, and the result of the investigation
duly submitted to the Shareholders, nor in any case is it intended to
execute the line, except in portions ; and the calls will only be made
with reference to the portions so commenced. It is proposed that
the line to be undertaken by this Company shall commence at Bom-
bay, ascend the Western Ghauts, and pass Ahmednuggur into the
valley of the Godavery ; it will then traverse the plains which skirt
that river until it has crossed the Manjera, a few miles beyond which
it win turn towards the south-east, following a series of connected
and fertile valleys, and on emerging from this district, near Kum-
mummet, it will take a nearly straight course to the Godavery, which
it will pass a few miles above Rajamundry, and then proceed to its
terminus at Coringa. Four branches will issue from suitable points
. .

on the main line ; those to the north will terminate for the present
at the frontiers of Candelsh, and at Xagpoor, the latter having a
sub-branch to Oomrawutty ; these will form the first portions of lines
hereafter extending to the Ganges and Calcutta; those to the south
will extend to Shoolapoor and Hydrated, and be capable of being
eventually continued to Madras. . .

From tile great field of India, as yet unappropriated by railway en-
terprise, this main line has been selected, on account of its great and
numerous advantages. It will have a large present goods traffic ; it
passes through countries whose susceptibility of improvement will
occasion great increase of its traffic; it connects the two coasts;
and, with the aid of steam navigation in the Bay of Bengal, will give
present speedy communication between the three presidencies, in ad-
vance of its ultimate effect, their connexion by railway. One terminus
is the noble port of Bombay, the other is the only harbour on the Co-
romandel coast. The route selected by which it traverses the eastern
side of the peninsular is certainly the best to be found, and probably

•
the only one which will not require heavy works and stationary en-
gines. Itsbranches reach to most important districts and cities, and
. .

form the first portions of railways of great importance hereafter.
It will greatly increase and cheapen the supply of cotton from India
to England and China, and strengthen the political influence of
England in India and the adjacent countries.
The length of the main line and branches will be about 1,300 miles ;
the cost, including the apparatus required for the ascent of the
Western Ghauts, will probably not reach 6,000,0001. This estimate is
founded on careful inquiry into the costs in India of such structures
as will be suitable to the circumstances and traffic of the country.
The amount of tonnage to be expected on each half of the line is
about 250,000 tons per annum, of which the greater part is salt, from
tho coast to the interior, and cotton in the other direction. The price
of carriage in these parts of India is nowhere less than 3%d. per ton
per mile, and then only in the few cases of carts on level roads. The
greater part of it is done by droves of small oxen, travelling six or
seven miles a day, at a charge of more than Bd. per ton per mile.
Since railways can be worked as cheaply in India as in England, and
the English charge, which bears a profit, is 2d. per ton per mile, it
follows that the English charge can safely be made in India, and will
at once ensure the traffic, and bring ample returns to the share-
holders. The annual receipts calculated on the foregoing data will
amount to 1,091,6661., and the cost of working the line, according
to the best information which can at present be obtained, will be
little more than one-half that sum, leaving a surplus available for
a dividend of 8% per cent. These results, though stated in gross and
roughly, are founded on careful inquiry, and analysis of information
already obtained from the authentic sources which have been before
referred to. No injurious competition can in fact interfere with
thorn, for only' few commou roads exist, and those of the worst
kind; and there are no navigable rivers in any part of the vast dis-
tricts which the lines will traverse, except fer a short distance near
the eastern coast.
The foregoing calculation proceeds solely on the goods traffic be-
tween the coast and the interior.
All receipts for passenger traffic, the local trade of the country, and
the carriage of troops, mails, and Government stores, are excluded ;
they are kept as a reserve of uncertain, though probably large amount,
and from the known habits of the population, and the experience ac-
quired from other instances of improved communication, will no doubt
for an ample set-off against any contingent error.
JOHN STUART WORTLEY, Chairman of the
• Provisional Committee.
• WILLIAM JOHN HAMILTON, Deputy-Chairman.
May 10, 1845.

CHWEPPE'S SODA and other ALKALINE
1,3 WATERS continue to be manufactured, as usual, upon the
largest scale, at their several establishments, and to maintain their
supremacy over all others. Each bottle has its proper proportion of
alkali ; but, to prevent imposition, consumers are earnestly requested
to ascertain that a label, with their name, is over the cork of each
bottle of Soda Water, and a label on each bottle of Lemonade and
Potass Water. Schweppe's Liquid Magnesia is of the finest quality,
a al strongly recommended as a cure for gout, acidity of the stomach,
Sre., by the first London physicians. •
51, Berners-street; London.

EN JAMIN EDGINGTON, 2, Duke-street,
LA Southwark, London-bridge, respectfUlly informs the Nobility,
Gentry, and Agriculturists that he has on sale RICK CLOTHS,
with Poles, Pulleys, and Lines complete, both new and second-
h tnd, at a reasonable cost. Early application will insure some
really good second-hand Cloths, which are a decided bargain.
Dressed Cloths and Tarpattlings for Railroad Trucks, of superior
quality, and to any size. Marquees, Tents, Sacks, Waggon-cloths,
Sack-ties, &c.

Netting and Bunting for Fruit Treees.
Address (per post) Benjamin Edgington, 2, Duke-street, Southwark
A warehouse at 208, Piccadilly.

4;1 HRE WSBURY, HEREFORD, and NORTH
WALES RAILWAY COMPANY, in continuation of the Mon-
mouth and Hereford Railway, and in connexion with the other lines
of the Great Western Railway Company.
(Provisionally Registered.)
Capital 1,250,0001., in 25,000 Shares of 501. each.
Deposit 21. 15s. per Share.
PROVISIONAL COMMITTEE.

J. Winder Lyon Winder, Esq., Vacnor Park, High Sheriff of Mont-
gomeryshire.
Sir Robert Williames Vaughan, Bart., Hengwrt, Dolgelley.

The Hon. Henry Hanbury Tracy, Gregynnog Hall, Montgomeryshire.
Sir Charles Thomas Jones, Montgomery, Magistrate of Montgome-
ryshire.
George Coleman, Esq., Hill Top, Dilwyn, Herefordshire.

Rev,-itichard John Davies, Aberhafesp, Magistrate of Montgomery-

shire.
Arthur Henry Wall, Esq., Lady Meadow, Herefordshire, and Wood-

lands, Radnorshire.
Major Newcombe, 4, Upper Gloucester-place, Regent's-park.
The Rev. John Robert Smythies, Lynch Court, Herefordshire.
George Beadnell, Esq., 1, Lombard-street, London.

William Oakley, Esq..; Oakley Park, Magistrate of Salop.
Martin Williams, Esq., Brongwyn, Magistrate of Montgomeryshire.
James Henry Levin, Esq., 23, Coleman-street.

David PughtEsq., Llaneirehyddol, Magistrate of Montgomeryshire,
and Mortimer-street, Cavendish-square.
William Mainwaring, Esq., Leominster.
Francis Woodhouse, Esq., Leominster.
Edward Joisnes, M. D., Garthmyl, Magistrate of Montgomeryshire.
William Morris, Esq., Pentrenant, Magistrate of Montgomeryshire.
John Kerr Hastings, Esq., Hereford.

John Nelson Carpenter,Esq., Glan Arrow, Herefordshire.
Andrew Turton Peterson, Esq., Guildford-street, Russell-square.

. .
Rev. Devereux J. Mytton, Llandysil, Magistrate of Montgomeryshire.
Rev. John Arthur Herbert, Glanhafren, Magistrate of Montgomery-

shire.
John Foulkes, Esq., Milford House, Magistrate of Montgomeryshire.
Thomas Reginald Kemp, Esq., 3, Abchurch-lane, London.

Arthur Thomas Morley, Esq., Newtown Hall, Montgomeryshire.
John Baker, Esq., Dolforwyn Hall, Montgomeryshire.
Phillip Morris, Esq., The Hurst, Magistrate of Shropshire.
Edward Bernard Coleman, Esq., Church Stretton, Salop.
Samuel George Beamish, Esq., Maesmwr.

John Owen, Esq., Broadway, Magistrate of Shropshire.
IVythen Jones, sq., Rhiewport, Magistrate of Montgomeryshire.
J. H. Lyon, Esq., Vaenor, Montgomeryshire.
Captain Herbert, Glanhafren, Montgomeryshire.

George Meares, Esq., Dolly's; Llanidioes, Magistrate of Montgomery-

shire. _ -
Edward Price Lloyd, Esq., Glansevin, Magistrate of Carmarthenshire
William Dougal Christie, Esq., M.P.

_
Christopher Temple, Esq., Q.C., Lansdewn -place, Brunswick-square.
Rev. Richard E. Owen, Hyssington, Salop. _ . .

Samuel Haines, Esq., Chad House, Edgbarton, Birmingham.
Edward Elcock Molyneux, Esq., Inner Temple, London.

J. Young Kemp, Esq., Stone-buildings, Lincoln's Inn, and 41, Wey-

mouth-street.
John Wheeton, Esq., Mespham Bank, near Tunbridge, Kent.
(With power to add to their number.)
BANKERS.'
London.—Messrs. Smith, Payne and Smiths.
Messrs. Barnard, Barnard and Dimsdale.
Newtown.—The National Provincial Bank of England.
Hereford and Leominster.—The Herefordshire Banking Company.
Bishop's Castle.—North and South Wales Bank.
ENGINEER.
J. K. Brunel, Esq.
STANDING QOUNSEL.
Horace W. Meteyard, Esq., and John K. Smythies, Esq.
SOLICITORS.—Messrs. Lewis and Ford, 28, Essex-street, and 41,
Moorgate-streeet ; and Edwin Smith, Esq., Gray's Inn, London ;
James Thomas Woodhouse, Esq., Leominster; John Owens, Esq.,
Newtown, Montgomeryshire. _ _

SiCRETARII.—George S. Sidney, Esq.
The important Line of Railway proposed to be constructed by this
Company will commence at Shrewsbury, and proceed from thence
by way of Church Stretton, Ludlow, and Leominster to Hereford ;
and a Branch will leave the Line at or near the Craven Arms, and
be carried by Bishop's Castle to the populous and increasing manu-
facturing town of Newtown, in Montgomeryshire.
The intended Railway will form, by a junction at Hereford with
the Hereford and Monmouth Line, the important link completing the
great chain of Railway communication from North to South on the
western side of England, and by the branch to Newtown command
the extensive traffic arising from North Wales and Cardiganshire,
open this valuable district in the most direct course to London and to
the South as well as to the North of England, and ultimately form a
portion of a great line from London to Dublin.
Applications for Shares must be made in the form appended, at the
Office of the Company, 41, Moorgate-street, London ; to Messrs.
Carden and Whitehead, stock-brokers, Threadneedle-street ; Messrs.
Lewis and Ford, solicitors, 28, Essex-street, Strand, and 41, Moor-
gate-street, London ; Edwin Smith, Esq., solicitor, Gray's-inn,
London ; J. T. Woodhouse, Esq., solicitor, Leominster ; John Owens,
Esq., solicitor, Newton, Montgomeryshire; Messrs. Parsons and
Townley, and Mr. Robert Cartwright, Liverpool; Messrs. Cardwell
and Sens, Manchester; Mr. W. H. Collis, and Mr. James Pearson,
Birmingham ; Messrs. Ridsdale and Co., Messrs. Standish, Blackett
and Co., and James Jamieson, Leeds ; Messrs. Allsop and Son, and
Mr. Francis stamp, Hull ; Mr. L. Weatherburn, jan,, Huddersfield ;
Mr. Thomas Boardman, Blackburn ; Mr. George Clark, and Mr.
Samuel Hutchinson, Bra iford ; Mr. William Cronheim, Halifax ;
Mr. J. Stark, Gainsborough ; Mr. Charles Spencer, Nottingham ;
Mr. Samuel Eyre, Derby ; Messrs. Grayston and Earle, York ; Mr.
William Farrer, Ripon ; Mr. E. H. Armitage, Wakefield ; Messrs.
Joseph Carr and Son, Whitehaven ; Mr. James Stokes, Cheltenham;
Mr. Joseph Clarke, jun., Southampton; Messrs. Tate and Nash, and
Mr. W. H. Land, Bristol ; Mr. Thomas Sandford, and Messrs. Beau-
mont and Langworthy, Exeter ; Mr. John Thomas Holland,
Coventry; Mr. Jonathan Drewry, Newcastle-upon-Tyne; Messrs.
Reid and Nicholson, Messrs. Thomas Farquharson and Co., and Mr.
Andrew Moffat, Edinburgh; Messrs. Duncan and Hutchinson,
Glasgow ; Messrs. Oswald, George and Co., Aberdeen, and to Messrs.
Boyle, Pim, and Co., Dublin.
FORM OF APPLICATION FOR SHARES

To the Proyisional. Committee of the Shrewsbury, Hereford, and

North Wales Railway.

Gentlemen.—l request that you will allot me shares of 501. each,
in the above proposed Railway ; and I undertake to pay the deposit
of 21. 15s. per Share thereon, or on any less number you may appro-
priate to me, and to execute the Subscribers' Agreement and Parlia-
mentary Contract when required.
Dated this day of 1845.
Name .. ••• • • • . •
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