The Sun.
London, England, 1845-08-28 00:00:00

Messrs. Strahan, Paul, and gtraWiand Messrs. Glyn and Co,

PROVINCIAL BANKERS.
Messrs. Bailey, Greatrea, and Co., Monmouth and Abergavenny
Tho West of England and South Wales Banking Company and
Branches
Messrs. Bromage and Snead, Chepstow
The Monmouth and Glamorgan Banking Company and Branches
Messrs. Williams and Sons, Newport
The Gloucestershire Banking Company and Branches
The County of Gloucester Banking Company and Branches
The National Provincial Banking Company and Branches
STANDING COUNSEL—WiIIiam Hughes Hughes, Esq., Temple, London
SoLicirox—Mr. W. T. H. Phelps, Newport, Monmouthshire
LONDON AGENTS—Messrs. A Beckett, Son, and Sympson, 7, Golden-
scipare
LOCAL AGENTS..

Chepstow—Messrs. Baldwin and Morgan
Gloucester—Messrs. Ellis, Elliott, and Swann, solicitors
SECRETARY—Wm. Protheroe, Esq.,lo, Old Jewry-chambers, London

This railway is intended to connect the South Wales Railway at
Chepstow with Gloucester, Cheltenham, and Birmingham, with the
projected Cheltenham, Oxford (and London direct), Gloucester, and
Aberystwith, Northampton and Cheltenham, and Manchester and
Southampton Railways ; thus forming an uninterrupted line of com-
munication from the South of Ireland, through Fishgard and Milford
in Pembrokeshire, to Gloucester, Cheltenham, Oxford, and London
direct, Southampton, Birmingham, Manchester, Liverpool, and the
North of England, by a less circuitous route than can be effected by
any of the projected plans for crossing the Severn below Gloucester,
thereby avoiding the difficulties which must necessarily beencoun-
in such an undertaking, and affording the important towns and
districts upon the intended lines that accommodation which their im-
portance entitles them to.
The whole of the traffic upon the South Wales line passing to the
Eastward of Chepstow will be carried on this line ; added to which
the coal and mineral traffic from the Forest of Dean (which, from
the Eastern side to Gloucester, has been estimated upon authentic
documents and information, at upwards of 300,000 tons ; and from
the Western or Lydney and Chepstow side the same amount of traffic
may safely be calculated upon), amounting to 600,000 tons per an-
num (the produce of the Forest alone), must be carried upon the line,
independent of the local passenger traffic and an extended trade in
the produce of the Forest, which will necessarily follow the facilities
offered by the proposed railroad.
The revenue from this source alone will give a very handsome di-
vidend upon the capital to be expended, which is expected will not
exceed three-fourths of the intended capital.
It is proposed to make branches to the Collieries and Iron Works
in the Forest, to the present or any new Ports which may suggest
themselves on the Severn ; and to make the River Wye, at Chep-
stow, the port of foreign export, where vessels of any size can enter
free from the dangers and difficulties attendant upon the navigation
of the Severn, consequent upon the rocks and shifting sands in that
river.
It is intended to build a bridge across the Severn at Gloucester,
which will in no way obstruct the navigationdou ; and
be read y the pro
top jseoin
d
Gloucester and Aberystwith Company will no bt
this Colnpany in the expense, if they obtain their Act. The cost of
the intended line from Chepstow to Gloucester, including the bridge
at Gloucester, and the one over the River Wye, at Chepstow, to join
the South Wales, with branches to the Collieries, Iron Works, and
the Severn, is not expected to exceed 450,000/., but it is intended to
provide a capital of 600,000/. to meet any contingencies which may
arise.
A reference to the map will show the self-evident importance of
this line as essential to the perfecting the great project of the South
Wales Railway Company (who have obtained their Act of Parlia-
ment for a railroad from Fishguard and Milford Haven to Chepstow)
n connecting it with the principal railways of the kingdoni, at
Gloucester, and making it the direct road to London, via Cheltenham
and Oxford, for effecting which projects are now before the public
with most infisential support. The line is twenty-six miles in
length, has no engineering difficulties ; the gradients and curves are
extremely good, and works light.
It may with very great confidence be asserted, that there is
scarcely a short line of railroad in the kingdom which offers
greater advantages to the Shareholders than the present.
vision will will be made in the Act of Parliament which will be applied
fo inhe next Session to limit t he liability of the Shareholder
for the tamount of his Shares, and to allow four per cent. on the
calls.
Applications for Shares to be made to the Solicitors, or to
Messrs. Carden and Whitehead. Threadneedle street, and Messrs.
Backhouse and Co., No. 4, Angel Court, Throgmorton-street.
Lon
Tate
-
don; Messrs. Hall, Brothers, and Co., Cheltenham ;Messrs,
ti 4 Nash, Bristol ; Mr. Thomas Evans, Bath ; Messrs. Bradley,
Ford, a4i4 parker, Manchester ; Messrs. H. Davies and Co., Dale-
street, a 4 parker,
; Messrs. Cllantrell and Boys, Leeds ; Messrs. Wil-
kinson and f • and Mess. Labertollehe and Stafford,
publin.