The Sun.
London, England, 1845-07-09 00:00:00

ITALIAN and AI:
COMP
DIRE(
William Jackson,
Thomas Alexander, Esq.
William Bardgett, Esq.
William Betts, Esq.
W. T. Black, Esq.
Ralph Bonin, Esq.

rSTRIAN RAILWAY
'ANY.
TORS.

Esq., Chairman.
Joseph Hegan, Esq.
Robert W. Kennard, Esq.
William Reed, Esq.
F. J. Vanzeller, Esq.

BANKERS Iri
Messrs. Denison, Heywood,
Messrs. Arthur Heywood, SI

ENGLAND.
Kennards, and Co. London.
At, and Co., Liverpool.
IN ITALY.
Messrs. Carlo di Tommasso, and
Co., Milan
Dupri pore et Ills, Turin
Almazza, Brothers, and
Barrette and Co. Ancona.
ENGINEER—J. K. Brunel, Esq., F R.S.
SOLICITOR—WiIIiam Bevan, Esq.
The Drectors have much pleasure in informing the Proprietors that
a coalition with Messrs, Torlenia and Co., of Rome, and through them
with the Bank of Rome, and with the house of the Marchese di Piz-
zardi, of Bologna, has been formed, and that other arrangements
highly advantageous to the Company have been made by the Chair-
man and Deputation in Italy.
It is expected that Stock applicable to the Papal and other States
in Italy will shortly have to be created, a rateable proportion of
which will be given to each Proprietor of the Italian and Austrian
Railway Company, who shall pay, on or before the 21st July next, to
the credit of the Company, with their respective Bankers, a further
instalment of 21. per share on the stock held by them in that Com-
pany ; such call is necessary to meet the demand for the deposit of
caution-money, which will be required by the respective Govern-
ments. Parties not paying such call will be excluded frorn all ad-
vantages arising from the creation of new stock.
The Directors have further to announce that the direction for the
management of the Railways formed in the Papal States will eon-
est of

B A NKERS
Messrs, Torlonia, and Co., Rome
„ Pizzarc I, and Co., Bologna
„ Fenzi, Hall, and Co.,

FlOrenco

PRINCE ALEXANDER TORLONIA, as Chairman,
with four others appointed by the Italian interest, and six to be 51)-
pointed by the Italian and Austrian Company. Two-thirds of the
stock will be divided among the Proprietors of the Italian and Ana•
trian Company, and the remaining one-third will he distributed by
the house of Torlonia and Co., the Bank of Rome, and Messrs. Luige
Pizzardi and Co., of Bologna, to influential parties in Italy.
By order of the irePArd,
112, Bishopsgate-street. G. H. D. LAURENCE, Secretary.

THE ITALIAN and AUSTRIAN RAILWAY
COMPANY.
The Directors have the satisfaction to inform the Proprietors that
they have succeeled in obtaining from His Royal Highness the grand
Duke of Tuscany, in preference to twenty-two competitors, a grant
for sixty years, of a railway from Florence to Pestoja, on terms highly
advantageous to the Company. This line presents no engineering
difficulty, and passes through a district densely populated, and rich in
mineral and agricultural productions, and will be connected with the
railway already in operation between Leghorn and Pisa, by means of
the line now ferming from Pisa to Florence. The capital will consist
of 8,000,000 of Tuscan livres, equal to about 265,0001. sterling, one-
third of which has been already subscribed for in Tuscany, and the
Directors have secured the remaining two-thirds, which will be dis-
tributed, so soon as the necessary documents have been perfected in
Italy, to such holders of the Italian and Austrian Railway Company's
shares as shall have complied with the terms of the advertisement,
by which a call was made of 21. per share, payable on the 21st July
instant. Under the original prospectus the Directors were authorised
to take every necessary step to obtain Government grants for the
railway from Verona to Ancona, and to coalesce or make beneficial
arrangements with any companies proposing to construct lines of
railway in connexion with the Italian and Austrian Railway Com-
pany or its branches, and the deputation who proceeded to Italy
having found that they could, with great advantage to the Share-
holders, enter upon other railway undertakings in the Italian and
Austrian States, besides the line between Ancona and Verona, deter-
mined upon doing so, and upon giving to the Shareholders the option
of joining these undertakings. The Directors, therefore, tendered for
the valuable grant they have now obtained for the railway from
Florence to Pestoja, and also have entered upon several other nego-
tiations, which, through the aid of the wealthy and influential
parties with whom they are connected at Rome, Bologna, and other
places in Italy, they feel confident will be brought to a successful ter-
mination. The benefits resulting from these negotiations will, as
they arise, be rateably apportioned to those Proprietors who shall
pay such calls as shall be made from time to time by the Directors
for carrying out fully the objects in contemplation.
By order of the Board,
G. 11. D. LAURENCE, Secretary.
112, Bishopsgate.street, July 3, 1845.