The Sun.
London, England, 1845-08-12 00:00:00

CALLAO and LIMA and PACIFIC COAST
RAILWAY COMPANY.
Caplral 250,0001., in 25,000 Shares of 101. each.
Deposit 11. to be returned in full if the objects of the Company be not
carried out.
(A portion of the Shares are reserved for distribution in Peru.)
DIRECTORS.
Sir William P. De Bathe., 29, Portman-square
Sir George Rich, 43, Lnwndes-street
Thomas Claude Hamilton, Esq , 20, Chester-square
Robert Passenger, Esq., Union-street, Southwark
George Augustus Brown, Esq., 20, Gower-street, Bedford-square
William Richardson, Esq., 6, Charlotte-street, Bedford-square
• With power to add to their number.
BANKERS.
The London Joint Stock Bank, London
The Liverpool Borough Bank, Liverpool
SOLICITOR.—W. Bevan, Esq., Old Jewry,
SECRETARY (pro. tem.)—Mr. George Upton.
It is proposed, in the first instance, to make a railway from Callao,
the chief port, to Una, the capital of Peru, the great mart of trade,
and general resort of the whole Peruvian nation ; and afterwards to
lay such lines on the coast of the Pacific as may be approved of by
the Shareholders at a general meeting.
The distance from Callao to Lima is about seven English miles.
There is open ground all the way suited to receive tile rails, the gra-
dient uniform, and no curves, with an abundant supply of water-
power. It is estimated that the cost of this line will not exceed
50,0001. ; and, when it is considered that it will command the whole
traffic of passengers, and the conveyance of goods between the chief
port and the capital of Peru, it may fairly bo assumed that the un-
dertaking will be one of unusual profit.
Should the operations of the Company be confined to the line be-
tween Callao and Lima, no further portion of the capital will be called
for than may be sufficient to construct that line ; and if the objects
of the Company be not carried out, the whole of the deposit-money
will be returned.
Applications for Shares with reference to be made to the Secretary,
atse Office of the Company, No. 6, Old Jewry.
(Provisionally Registered.)
THE VALE OF NEATH RAILWAY—
connecting Swansea and Neath with the town of Merthyr
Tydvil. Length, 22 miles.
Capital, 500,000/., in 25,000 Shares of 201. each.
Deposit, 11. 10s. per Share.
PROVISIONAL COMMITTEE.
The Right Hon. the Earl of Jersey
Henry John Grant, Esq., The Gnoll, Neath
Nash Vaughan Edward Vaughan, Esq., Rheola, Neath
Morgan Morgan, Esq., Bodwigiad, Merthyr Tydvil
Henry Thomas, Esq., Preswlfa, Neath, Vice-Chairman of the Quarter
Sessions for the county of Glamorgan
James Wittit Lyon, Esq., Miserden Park, Cirencester and Neath
Wm. Meyrick, Esq., Gwailod-y-Garth, Merthyr Tydvil
David Evans, Esq.banker, Merthyr Tydvil
Rev. Thomas Gronow, Court Herbert, Neath
James Sheppard, jun., Esq., of Ynisarwed Colliery
John Whitlock Nicholl Came, Esq., D C.L., Dimlands House, Cow-
bridge
Edward Lewis Richards, Esq., Merthyr Tydvil
Robert Place Leyson, Esq., Neath
Michael John Michael, Esq., merchant, Swansea
Charles Lean, Esq., Cwm Avon, Taibach
Henry Jones, Esq., Heathfield House, Cardiff
Robert Evans, Esq., merchant, Neath
Herbert Edward Evans, Esq., Eagles-bush, Neath
Frederick Green, Esq., Forchdwm and Tonmawr collieries, Neath
Wm. Weston Young, Esq., merchant, Neath
Wm. Llewellyn Powell, Esq., merchant, Taibach
Wm. Thomas, Esq., Merthyr Tydvil
William Gossage, Esq., Birmingham and Neath
William Price, Esq., Glantwrch, Swansea
Mr. William Whittington, Neath
Frederick Pratt Barlow, Esq. Directors of the Great Western
Robert Frederick Gower, Esq. 5 Railway Company
The Viscount Villiers, M.P.
Louis Vigurs, Esq. Direeters of the South Wales
D. A. Saunders Davies, Esq., M.P. Railway Company
David Lewis, Esq.,
Archibald F. Paull, Esq.,
With power to add to their number.
ENGINEER—I. K. Brunel, Esq.
SOLICITORS—Messrs. W. 0. and W. Hunt, 10, Whitehall, London;
H. S. Coke, Esq., Neath.
This line is the natural result of opening out, by an important
main trunk like the South Wales Railway, a country rich in
minerals, with a large and rapidly increasing population, both
of which have hitherto been but imperfectly supplied with the means
of transit.
The numerous mines, collieries, iron, copper, tin plate, fire brick,
chemical, and other works, already in operation and in course of
being opened, in the interior of South Wales, especially in the country
through which this line will pass, and which are now being exten-
sively multiplied there, seek a more speedy and ready access to
the main line than existing modes supply, and hence the necessity
for affording to the important valley between Neath and Merthyr
Tydvil the most perfect means of communication, not only with the
South Wales Railway, but with the ports of Neath and Swansea, the
natural and legitimate outlets for the produce of the valley ; whence
the supply of flour and other provisions from Ireland can be cheaply
and expeditiously conveyed into the heart of the country.
The proposed line will commence at Neath by a junction with the
South Wales Railway, will continue up the Valley to near Pont
Walby, thence to Merthyr Tydvil, passing within a short distance of
, the extensive iron works lying in that district.
The advantage of the natural fall of country, being from Merthyr
to Neath, calls forth a strong opinion in the following extract from
the report of the Board of Trade on Railways in South Wales :
"By the proposed line (the South Wales) the principal towns and
commercial emporiums, which are situated along the coast at the
bottom of the valleys, are placed upon the main line, to which the
traffic from the interior will descend—a consideration which is very
important when we recollect that a great part of this traffic will
consist of heavy minerals."
The Vale of Neath intersects the great coal and iron fields of South
Wales, and possesses anthracite, as well as bituminous coal, in great
abundance. In addition to the collieries and iron works, there are
also tin works adjoining the proposed line, and valuable timber, to
the extent of 4,000 acres.
It is unnecessary to give a detailed estimate of the probable re-
venue that will arise from the Vale of Neath Railway ; it is sufficient
to say, that, in the districts between and through which it will pass,
the population numbers above 80,000, depending chiefly on the sup-
plies now transmitted to the interior through Swansea and Neath;
that the intercourse between the above towns is such as to bear out
a most,favourable estimate of passenger traffic; and that 200,000 tons
of coal, exclusive of other minerals, are exported annually from the
Vale of Neath, finding a ready market in France, Ireland, Somerset-
shire, Devonshire, Cornwall, London, and other places. From these
mere outlines it is evident that the increased facility of transit which
this Railway will afford over the present modes of conveyance, con-
nected as it will be with Swansea and Briton Ferry (the port of
Neath) by means of the South Wales Railway, will produce a cor-
responding increase of Production and traffic. Under the latter head,
as regards passengers, may be taken into consideration the large
numbers that resort to Swansea from the interior for sea bathing, and
' the strikingly picturesque and richly varied beauty of the Vale of
Neath, with its famed waterfalls, will be a source of never-failing
attraction to tourists and parties of pleasure.
The most favourable opinion is entertained of the Vale of Neath
Railway by almost all the landed proprietors along the line, the
majority of whom are members of the Provisional Committee, the
lessees of collieries, and parties engaged in shipping; and its im-
portance as a profitable investment may be judged from the fact that
the Neath Canal, which now traverses only half the distance of the
proposed line, and affords, even to that limited extent, but imperfect
accommodation, has for many years paid a large dividend to the
proprietary, and the original 100/. shares are now marketable at
3401.

Prospectuses may be had, and applications for shares may be ad-
dressed, in the form annexed, to the Secretary, at the offices Pf the
Company, 440, West Strand, London, and to the Solicitors in Lon-
don, or Meth.
In the allotment of the shares of the Company, a preference will be
given to parties locally interested, and to the Proprietors of Shares in
the South Wales Railway Company.
The usual power will be taken by the Act, to allow interest at
4 per cent. per annum on the amount of subscriptions paid up ; and
no subscriber will be answerable for more than the amount of his de-
posit of 11. 10s. per share, until the Act is obtained, and then not be-
yond the amount of his subscription.
London, July 26, 1845.
FORM OF APPLICATION.
To the Provisional Committee of the Vale of Neath Railway.
Gentlemen,—l request that you will allot me shares of
Twenty Pounds each, in the proposed Vale of Neath Railway Com-
pany, on the terms and conditions of the Prospectus, and I under-
take to pay the deposit, and sign the necessary deed; when required.
Dated the day of 1845.
Place of ,p bode .. ........
Reference ...•

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