The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-04-22 00:00:00

APRIL 2 18:.,6.

ub Naito,

THE LIVERPOOL & NEW YORK STEAM-PACKET

COMPANY,

CAPITAL £lOO,OOO, IN 5;000 SHARES OF £2O EACH.
THE Prospectus of this truly splendid lerprise, grounded
on principles which cannot fail d ly to interest the Pub-
lic in its prosperity, will be publishe ,in a few days. •
In the meantime information res ectin Shares- may be had
at the Office of JOHN NEA.LE, 17, Exchange-street East.
Liverpool, April 16, 1836.

FIFE JUNCTION RAILWAY,
CIONNECTING the County of FIFE with the Counties on
the North side of the TAY, on the one hand, and those on
the South side of the FORTH on the other, th s forming a
link of union between the Ferries on the Fort and the Tay,
by connecting the Dundee and Newtyle ailway, with its
branches to Cupar and Glammis, the Dun .e, Forfar, and Ar-
broath Railways, presently before Pa nent, .and their in-
tended extension of them to Kirriemuir, rechin and Montrose,,
as well as the proposed Railway from Dundee to Perth, with the
great Railways on the south of the Forth, particularly the Edin-
burgh and Glasgow Railway—the Edinburgh, Haddington, and
Dunbar Railway—the Edinburgh, Leith, and Newhaven Rail-
way, and the Edinburgh, Dalkeith, and Leith Railway; and
being a branch from the great Trunk Railway prnpused to be
extended from London by York to the Scottish metropolis.
The advantages of a rail Way connecting together districts of
the country so very populous and advancing, and passing
through a highly cultivated line, fertile in its agricultural, and
abounding in it? mineral productions, aro too apparent to re-'
quire to be commented on.
Indeed it is difficult to select a portion of country of equal ex-
tent in the kingdoin, which presents so many facilities and ad-'
vantages for a railway communication as the country betwixt
the Fife and Tay ferries. The intercourse between Fife and
the. Lothians on the south, and Forfarshire on the north, is even
at present very great; and some idea of the extent of the in-
creased communication may be formed, when it is considered
that during the year 1835 there were upwards of 75,000 passen-
gers between Newhaven and Burntisland, Pettycur, and Kirk-
aldy, and upwards of 34,000 between Newhaven; Dundee, and
Aberdeen, ttc. _ _

The quintity of goods which would be carried along a railway
connecting the two ferries would be very considerable. The
manufactures of Dundee and of the other towns on the lines of
the railway on the north, would be brought to the markets in
the south in a cheap and speedy manner; and the articles of
commerce sent from the south being carried at a comparatively
cheap rate, would find a ready market in the populous and flou-
rishing towns of Dundee and Perth.
Looking at the internal resources of the county of Fife alone;
abounding as it does in coal and limestone, a very considerable
traffic might fairly be expected, when the want of these articles
on the north of the Tay is considered. There are at present
imported into Dundee about 300,000 tons of Scotch coals an-
nually. If a cheap and speedy cemmunication by a railway
through the coal district of Fife was formed, the greater part of
thisslarge quantity might be fairly calculated upon as part of the
railway traffic. There are likewise upward of 100,000 bolls of.
lime imported into the ports of Perth and Dundee, besides im-
portations into the intermediate ports.
• Impressed with a consideration of the great advantages to the
country at large, whiCh the formation of -a
railway between the
Fife and Tay ferries would produce, it has been resolved by a
number of gentlemen to endeavour to carry it into effect, and
that as promptly, economically, and beneficially for the share-
holders and the public as its great accessibilities will admit.

THE LINE.
The two termini of the line are proposed to be Port on Craig
or Newport on the north, and Burntisland, or wherever the
proposed low water pier shall be erected, on the south. In re-
gard to its intermediate direction, the line which shall be ascer-
tained to be most advantageous, on the report of eminent engi-
neers, will be adopted.

THE EXPENSE.
The distance between the extremities of the line will be about
thirty-two miles, and when respect is paid. to the recent great
improvements in the formation of Railways, it is expected- that
the cost will be less than £lO,OOO a mile, but it has been deemed
expedient to have a capital to the extent of this rate, being'
£320.000, by which means a steady and sure progression and
completion of the work may be relied on.

THE PROFIT.
Considering that the county of Forfar is internally destitute
of, and that Vile abounds in coal, and considering the facilities
which would be given to the ports of Kirkaldy or Dundee fur
exporting the agricultural, and mineral, and manufacturing'
productions of the county of Fife, a very great source of reve-
nue would be thence derive,!.

In passengers, however, the greatest reliance for a revenue,
may be placed. The number of passengers .at present is up-
wards of 90,000 annually, exclusive of those travelling farther'
north, and who would also avail themselves of the railway
through Fife. But say that the increase of passengers was only
to the extent of one half of this gross number, or 135,000
throughout the line, and nearly as many for intermediate dis-
tances, but say altogether 250,000 passengers for various dis-
tances, this would yield yearly.
Goods, consisting of coal, Lime, grain, flax yarn,
&c. &c., carried along the railway, at least lB,OOO 0 0

Deduct expense of maintenance, and manage-
£53,250 0 0
ment, convey ance, &c

35,5 0 Ct.
Yielding a profit of upwards of 11 per cent. annuallyoo on the
capital stock.
1. The capital Stock of the Company shall bo £320,000, di-
vided into Shares of £5O each ; a sum not exceeding £3 per
Share of deposit shall be paid upon subscription, and no farther
call shall be made until an Act is obtained, and this Act shall
provide that not more than £5 per Share shall' be called up at
one time. The deposits to be payable at the Western Bank of
Scotland, and to Messrs. Jones, Loyd and Co., London.
2. The undertaking shall he under the management of a
Committee of fifteen Subscribers, to be nominated by the l'art:
ners at a General Meeting to be called for that purpose, to be
held in Edinburgh, and the sederunts of the Committee shall be
held in Edinburgh. •
3. The Company shall be held as constituted as soon as one
half of the Capital shall have been subscribed, and a General
Meeting of the Stibscribers shall then be called, for the purpose
of appointing the Committee; and another General Meeting
shalt be held so soon as the SurVeys are completed, and the
Engineers' Report obtained.
Applications for Stock to be made by letter to Messrs. Ro-
BEIITSON and Co., 15, Royal Exchange, Edinburgh ; Mr. JAS,
WATSON. South Frederick-street, Glasgowl Messrs. S Him.. and.
SHALL, Writers, Dundee; Mr. RICHARD DAWSON, Exchange-
alley, Liverpool; and also to WILLIAM DUNCAN, W. S. and
J. J. DUNCAN, 29, Windsor-street, the interim Clerks, in the
annexed form.
Edinburgh, 12th April, 1836.

FORM OF APPLICATION.
Messrs. W. Duncan, W. S. and J. J. Duncan,
29, Windsor-street, Edinburgh. (Date.)
GENTLEMEN,
I request that I may be enrolled as a Subscriber for
Shares of the Capital Stock of the Fifeshire Juneti6n Railwoy,
on the terms stated iu the Prospectus, dated 12th April, 1836.
I am, &c.
(Name and residence of Applicant.)

THE LIVERPOOL UNION MILLS.
ryi HE Projectors of this Company have contemplated its-
-1 formation for some months, and though the present an-
nouncement is made at a period in one respect unfo tunate, on
account of the numerous speculations now afloat, me of which
have thrown discredit with many persons on newly formed
Kee
Joint Stock Companies, vet the Proje o have been led to
announce this Company. at the present tii on this very account,
in order that the attention of the Ilahab ants of Liverpool and
the Neighbourhood may be directed to its advantages, which
come home to every one of them, before Capital has been other-
wise embarked. '
The complaints of Adulterated Bread and of high prices
have been too general and well founded to .require any parti-
cular elucidation of their truth, and the high price of Bread its
the last year, at a time when Wheat was unprecedently cheap,
is fresh in the recollection of every one.
To obviate these complaints and to supply this town and
neighbourhood with good unadulterated Bread at a cheap rate,
a Company will be established in Liverpool for the Grinding of
Corn and the making of Bread on a scale commensurate with
the demand which the utility of such a Company may rea-
sonably be expected to ensure.
The Shareholders being Consumers of their own Bread, a
certain guarantee will be thereby given that it will be good,
wholesome, and unadulterated, which will alone recommend the
undertaking to the Public, and to the poorer classes in parti-
cular, as deserving of support. • .
As an eligible investment for Capital, it is conceived the un-
dertaking cannot fail to answer the expections which its Pro-
jectors have formed, from the success of similar Companies in
other large towns. .

It is also proposed to erect the Mills on such a scale that,
independently of Grinding sufficient for the Company's own
consumption, they will also be enabled to carry on an extensive
business as Millers, a business so lucrative, that alone it would
bring in a liberal return for the Capital to be invested.
The Capital required for the efficient working of the Coin-
panv wilt not exceed £150,000. including the Purchase of Land,
and the Erection of Mills and other Buildings, and suitable
Machinery.

It is intended that the Company shall be called " THE -LI-
VERPOOL UNION MILL COMPANY," and with the
view of extending the interest in the Company as far as possible
amongst the llousekeepvrs at large, and uniting all classes and
interests in its support, it is proposed to raise the required Capi-
tal in 15,000 Shares of £lO each.

The Management to he vested in Five Directors, each hold:-
ing 50 Shares, and Three to be a quorum.
The Directors to be chosen at the first meeting of the note-
holders, which will be held within ten days after the allotment
of Shares, and of which due notice will he given.
At the first General Meeting the holder of five Shares, or un-
der, will have one vote ; the holder of ten shares two votes;
and the bolder of twenty shares or upwards two votes, and one
additional vote for every ten shales above the first ten ; each
Shareholder to be allowed to vote by proxy, such proxy being
a Shareholder The right of voting at future meetings to be
then fixed.

The proposed regulations of the Company will be laid before
the Shareholders at their first General Meeting, and a Deed of
Association will be prepared, pursuant to the regulations then
adopted, which deed will be executed by each Shareholder
within twenty one days after the meeting.
The shares of those persons who shall not execute the deed
within the time limited shall be forfeited, and the deposit paid
by them become part of the funds of the Company.
-The object being, not to fill up the share list rapidly, but to
give to the housekeepers of Liverpool and its neighbourhood an
opportunity of satisfying themselves of the eligibility of the pro-
posed undertaking, and thereby to establish the Company et
the outset on a firm and extended basis, the share list, notwith-
standing the very numerous applications for shares, will not be
closed until Friday, the 29th instant, and the allotment of
shares will be made on the following day, and notice immedi-
ately given to each Shareholder.
A dposit of El per share must be paid within seven days
after the allotment of shares, into the hands of the Bankers to
the Company, to the account of the Provisional Committee,
and such persons who have not paid the deposit will not be al-
lowed to vote at the first general meeting, but their shares will
be forfeited.

The subsequent calls will be made by the Directors as re-
quired, but a larg,er sum than per share shall not be called
for at one time, and one month's notice shall be (riven of each
call.—An arrangement will be recommended at' the genera%
meeting for allowing parties desirous of haying up the full
amount of their shares, to do so and receive interest on their
money,

..- -
Copies of the Prospectus, and printed forms of application,
of Shares, may he obtained, and applications 'for, Sllares lit";
he left at the" Offices of Mr. COG I. A IV. Share BrOicer, '
No: 12,
Exchange-street East ; or of Messrs. WORTHINGTON and WWl.'
Solicit-o's, Clilpel •Walks Li‘orpool,
, •
Liverpool, 16th Ain ii, 18:i6.