The Sun.
London, England, 1844-12-02 00:00:00

WATERFORD AND KILKENNY
RAILWAY.
Capital £250,000, in 12,500 Shares of £2O each. Deposit
£1 per Share.
COMMITTEE IN IREL•ND.
' The Most Noble the Marquis of ORMONDE, Chairman.
The Right Non. the Earl of BESBOROUGH.
The Right Hon. the Earl of DESART, D.L.
The Right Hon. the Viscount DUNCANNON.
E. SMITHWICK, Esq., Mayor of Kilkenny.
THOMAS MEAGHER, Esq., Mayor of Waterford.
W. M. ARDAGH, Esq., Waterford.
WILLIAM PONSONBY BARKER, Esq., Killeooley Abbey,
county Tipperary.
Sir H. W. BARRON, Bart., M.P.,:D.L., Belmont House, Wa-
terford
Hon. Col. BUTLER, M.P., Ballyeonra Haute, county Kilkenny
P. S. BUTLER, Esq., M.P., Lodge Park, Freshford
I Colonel BRYAN, D.L., Jenkinstown, Kilkenny
Dr. CANE, Alderman of Kilkenny
P. CONNELLAN, Esq., DJ..., Cooimam, Thomastown, counts/
Kilkenny
SYDENHAM DAVIS, Esq., Thomastown
H. DE MONTMORENCY, Esq., D.L., Castlemon's, Knock-
topher
W. F. FINN, Esq., Tullaroan, Kilkenny
W. H. GREENE, Esq., Sion House, Kilkenny
W. GRACE, Esq., Kilkenny
Sir R. LANGRISHE, Bart., Knocktopher
Sir F. LOFTUS, Bart., Mount Loftus, Goresbridge
JOHN M'CRAITH, Esq., Kilkenny
W. MILWARD, Esq., Waterford
T. MURPHY, Esq., Waterford
JOHN O'CONNELL, E4q., M.P., Dublin
Sir JOHN POWER, Bart., D.L., Kilfane, Thotnastown, County
Kilkenny
HENRY RYAN, Peg., Killers, Kilkenny
C. B. SAVAGE, Esq., Kilcreen House, Kilkenny
IL SULLIVAN, Esq., J.P.,
Kilkenny
M. WARREN, Esq., Sandford's Co rt, Kilkenny
THOMAS WYSE, Esq., M.P., The Manor, Waterford.
COMMITTEE IN LONDON.
GEORGE ANDERSON, Esq.
CHARLES BARRY BALDWIN, Esq., M.P., D.L.
THOMAS WENTWORTH BEAUMONT, Esq.
JAMES OLIVER MASON, Esq.
ALFRED RICKETTS. Esq.
EDMUND TURNER, Esq., M.P.
(With power to add I. their number.)
RANKERS.
The Bank if Ireland, the Provincial Bask of Ireland, the National
Bank of Ireland, and their Branches.
CONSULTING ENGINEER.
Captain W. S. MOORSOM.
ACTING ENGINEER.
JOHN VALENTINE, Esq.
A ROWITIOT.
CHARLES FREDERICK ANDERSON, Esq.
SOLICITORS IN LONDON.
THOMAS and FRANCIS EDWARDS, South-square, Gray's Inn.
SOLICITORS IN WATERFORD.
Messrs. ELLIOTT and NEWPORT.
SOLICITOR IN KILKENNY.
HARVEY DEVEREUX, Esq.
SECRETARY.
W. BP.IDGES, Esq.
The proposed line from Waterford to Kilkenny is 32 English
miles in length. The total cost, including outlay fur stock,
stations, &c., will not exeeed 8,1001. per mile.
It will be perceived that the line is intended to sleet the pro.
jested branch of the Great Western Railway front Gloucester to
Fishguard (the South Wales line), and that It must necessarily
command a great portion of the traffic from the West of England ;
and, if extended to Dublin, will constitute Waterford one of the
most important ports of the empire.
Power will be taken fer the further extension of the line to the
Irish Metropolis, in the event of such a measure being deemed ad.
visable.
The port of Waterford Gan be entered at all times of the tide by
vessels of 1,000 tons. The export trade of 'Waterford and the
traffic between Waterford and Kilkenny are considerable, and are on
the increase.
The export' of Waterford in'lB3s, according to the Report of
the Irish Railway Commissioners, amounted t value of
1,821,2451., and the imports to 1,274,164/. At t the ex-
perts are represented by the local authorities exceed two
millions, and the imports one million and a half.
At least one-third of the exports from Waterford may be pro..
cumed to pass through the county of Kilkenny, and this tragic
would necessarily receive a great stimulus by the construction of
a line of rapid communication with the interior of the country.
The probability of a remunerative return from a railway opening
up a communication between Waterford and Kilkenny, with a view
to its future extension to Dublin, will be enhanced by the adoption
of the economical principle upon which it has been determined to
construct the line, which insures a reduction of at least 30 per
cent. on the primary investment.
The necessary plans and surveys, with all other preliminary as.
rangements, will be ready, so as to apply to Parliament for a Bill to
incorporate the Company early in the ensuing session ; and inte-
rest at the rate of 41. per cent, will be allowed to subscribers ems
their deposits, until the railway is completed.
Subjoined Is a statement of the present through traffic arid pro.
bable profltt—

----- •
Coach traffic, four journeys a day, 40 passengers at 6s. I; 3,74,
Car traffic, four Journeys, six days in the week, 100
passengers, at go. Rd 3,900
Merchandise, 100,000 tons, cattle included, at ss. per ton 25,000

X 32,640

Assuming an increase of only double the present traffic, wo have
6b,2801.; showing a divisible profit, after deducting 50 per cent.
for working expenses, of 32,6401., or nearly 12 per cent. on the
capital.
No Subscriber will be responsible for more than the amount of
his Share.
Te Prospectus and the form of application for Shares may be
had at the Offices of the Company, 6, Parliament-street, West-
rainster, and 36, New Broad.street, London ; Messrs. W. and F.
Atkinson, 61i, Threadneedle-street; •f H. Devereux, Esq., Kn.
kenny ; Messrs. Elliott and Newport, Waterford ; Mr. Thomas
Millar, Broker, Edinburgh ; Mr. I. It. Owen, Broker, Manches.
ter; and the Company's Bankers.
FORM OF APPLICATION.
To the Provisional Committee of the Waterford and Kilkenny