The Sun.
London, England, 1845-04-08 00:00:00

DIRECTORS.

Sir Arthur de Capell Broke, Bart., Director of the Churnet Valley
Railway.
R. M. Bates, Esq., Banker, London.
Mr. Alderman Copeland, M.P., Director of the Churnet Valley
Railway.
T. Turst Carver, Esq., Marlborough House.
Mr. Alderman Farncombe, London.
John Gurney Fry, Esq., London.
Foster Reynolds, Esq., Director of the Lynn and Ely Railway.
Andrew Spottiswoode, Esq., Deputy-Governor of the Union Bank.
R. C. Sharp, Esq., Chairman Churnet Valley Railway, Bramhall
Hall, Cheshire.
RESIDENT DIRECTOR IN BELGIUM—WIIIiaIII Reynolds, Esq.
ENGINEER—George Rennie, Esq., F.R.S.
' BANICER. -,,vos-45ssrs,sro
Union Bank of 'London.
London and Westminster Bank, London.
Messrs. Stratum, Paula, and Bates, London.
La Banque Generale, Brussels.
Sof.lcrroa—Joseph Cary, Esq., 52, Moorgate-street, London.
There are some distinguishing features in this projected railway
calculated to give it a decided preference over foreign railways
generally.
tat. The preliminary concession for ninety years, under very fa-
vourable terms, has been already obtained from the Belgian Govern-
ment, so that there is no risk of present or future competition, or
necessity for agreeing to disadvantageous terms In order to obtain
such concession. As, according to the law of England, a certain
must be deposited before a railway Bill be read in Portia-
_, so a deposit must be paid into the public treasury of Belgium,
co be afterwards appropriated to the construction of the line, which
deposit completes the agreement already entered into.
2. This railway is the second that has been offered to private en-
terprise, as distinguished from the State system of railways. hitherto
prevalent in Belgium. It embraces a line of country inferior to none
in Europe. As elements of profit the traffic and transit will be very
great, the line running through the richest, most fertile, and most po-
pulous part of Belgium, abounding in minerals, coal, iron, lead, zinc,
&c., with quarries of building stone and marble : and connecting it-
self with the railways of the State, and also with the great line from
Calais to Cologne, and, by an intended branch from Mons to Manage
(for which the preliminary concession has also been obtained), uniting
Itself with another great line between Brussels and Paris, which con-
nects the capitals of two kingdoms.
3d. Its length from Namur to Liege is 483,4 English miles, and the
line from Mons to Manage, comprehended in the convention with the
Minister, 22 miles, making a total of 653,4 miles of railway. Theline
from Namur to Liege, in addition to the Belgian Government survey
undertaken by M. Magis, has been subjected to the Inspection of Mr.
Rennie, and the estimate applied to this line carefully checked by

nr.zotu
ment,

him.
4th. On the banks of the river and on the line of this railway there
are already twenty-two smelting furnaces, two foundries, three roll-
ing mills, twenty-three forges, several zinc and copper works, glass-
houses, saw-mills for wood and marble, paper-mills, potteries, and
firebrick manufactories. What these may be when the railway is
in operation may be gathered from the evidence adduced before Par-
liament in England, that the average effect of railways has been tO
quadruple the transit and traffic previously existing. The increase
in Belgium has hitherto more than doubled this ratio, which must be
further increased by the opening of the German markets, through the
iperation of the Zollvereiu.
sth. The responsibility of Shareholders is limited by the Belgian
law to 3-10ths of the amount of the value of the shares.
Applications for prospectuses and shares (see form) may be made
Iseph Cary, Esq., at the offices of the Company, 52, koorg,ate-

to Jc
street