The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1852-10-26 00:00:00

ISLE OF WIGHT RAILWAY

GUARANTEED .e 5 PER CENT

CAPITAL, .e 240,000, IN 24,000 SHARES OF XlO EACH
DEPOSIT, Is. PER SHARE.

DIRECTORS

Capt. Hon. G. F. Hotham, Director of the London, Brighton,

and South Coast Railway.
William Reed, Esq., Director of the London and South-western

. ,
Railway. ,
Henry Charles Lacy, Director of the London and South-
.

Western Railway:.
William The, Esq., F.R.S., London.
Francis Charles Fitzroy, Esq., London.
Melville Wilson? Esq., London.
With power to add to their number.
BANKERS.
SOLICITOR—J. Bethell, Esq., 8, Parliament-street, Windsor
ENGINEER—HamiIton Fulton, Esq.
SECRETARY—Frederick Marshall, Esq.

THE WANT of RAILWAY COMMUNICATION
in the ISLE OF WIGHT has been long felt by its Inha-
bitants and Visitors; especially a 4 the hilly nature of its roads
renders the conveyance of both Passengers and Goods tedious
and expensive.
This COMPANY has been formed in order to SUPPLY this
WANT.
A course has been selected for the Line which will accommo
date the principal Tow a, and, while avoiding engineering dif-
ficulties, will not i erfere with the natural beauties of the
Island.

The Line wil e carried from both Rhyde and Cowes to
Newport; and aesing Godshill, will proceed to Niton, which
is about the ntre of the south side of the Island. Its total
length will be about 22 miles. .

The Traffic of the Line will be sufficient to pay a large Divi-
dend on the Capital required to make it ; but, in order to secure
the success of the undertaking, arrangements have been made
with Messrs. Fox, Henderson, and Co., first, to construct and
stock the Line, (including the. purchase of land, and all other
expenses after the Act is obtained,) at a total cost of €230,000 ;
and, further, to work it, when completed, for seven years ;
paying .€5 per cent. to the Shareholders on the capital paid up,
till the opening of the Line, and €5 per cent., together with
half the surplus profits, for the seven years afterwards.
Messrs. Fox, Henderson, and Co. have also agreed to give
the Company the security of invested capital, as a guarantee
for the regular payment to the Shareholders of the €5 per cent.
during the seven years.
The period during which Messrs. Fox, Henderson, and Co.
will work the Line, will give ample time for the consolidation
of its works, and for the development of its Traffic. At the
expiration of that period the Shareholders will receive it in
perfect order, and with an amount of Traffic sufficient to pay a
higher Dividend than that guaranteed.
Applications for Shares, according to the annexed Form, may
be addressed to the Secretary, at the Temporary Offices of the
Company, 8, Parliament-street, Westminster; or to
D. and J. B. NEILSON, Liverpool.

FORM OF APPLICATION.
To the Directors of the Isle of Wight Railway.
I request you will allot to me Shares of each in
the Capital of the above-named Railway ; and I will accept the
same, or any less number, and pay the deposit of £1 Is. per
Share, and sign the Parliamentary Contract and Subscribers'
Agreement, when required.
Dated day of , 1852.

Address
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Reference —•