The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-05-06 00:00:00

MAY 6, 183-6.

Vublit tobito.

PROPOSED EXTENSION OF MESSRS. S. HOPE
AND CO.'S BANKING ESTABLISHMENT.
A PROVISIONAL COMMITTEE, comprising
J. B. Boo'rutty, Esq.
JOHN CROPPER, Jun., Esq.
ISAAC HADWEN, Jun., EST
it LAWRENCE HEYWORTH, Esq.
CHRIS. HERD JONES, Esq.
ANDREW Low, Esq.
JAMES MELLOR, Esq.
WILLIAM WATSON, Esq.
With SAMUEL. HOPE, Esq.,
And EDWARD BURRELL, Esq.,
Having been appointed for the purpose of giving effect to the
proposal contained in Messrs. S. HOPE and Co.'s Circular
Letter of the 15th ultimo, they hereby noti-y the following ar-
rangements (among others) concluded up :
Ihe proposed undertaking. will be cal d the LIVERPOOL
BOROUGH BANK.
About 32,000 Shares out of the . re number (viz. 50,000)
having been already appropriated, essrs. S. HOPE and Co. in
the belief that such a surrender, by greatly advancing the in-
terest of the concern, will thereby eventually promote their
own, have, without solicitation, waived all claim to a premium
on the shares (both appropriated and unappropriated) which
will, by virtue of this arrangement, be transferred to a reserved
fund for the benefit of the proprietors at large, and the shares
now renaming unappropriated are placed at the disposal of the
Conlin it tee.
A?plications, with the tender of accounts, will continue to be
received at the Banking House of Messrs. S. HOPE and Co.,
addressed to them, or to the Provisional Committee, and fur-
ther arrangements will be speedily communicated to the parties
concerned. JAM-ES MELLOR, Chairman.

LIVERPOOL & MANCHESTER SUGAR REFINING

COMPANY. -
IVOTICE.—The Provisional Committee have the pleasure
1.11 to announce to their Shareholders a ' the Public, that
they have made arrangements with Messt Brancker and Co.
for the purchase of their extensive Sug Refinery in Mathew-
street and Harlington-street, aloft< w their interest and ex-
perience in the trade, as well as e necessary advice and
superintendence to enable the Company to enter into a large
and prosperous trade wi.hout the least delay.
In consequence of this arrangement the Provisional Commit-
tee have determined to increase the Capital of the Company
from £300,000 to £500,000, in 50,000 Shares of £lO each.
Applications for Shares must be made before MONDAY next,
the 9,h of May instant, when the List will be closed and the
Shares allotted. '

PROSPECTUS.
CAPITAL £500,000, IN 50,000 SHARES OF £lO EACH.
Bankers.—The Royal Bank of Liverpool.

The Company shall consist of 50,000 Shares of £lO each, of
which it is expected that not more than £5 per Share will be
required, to be called for at such times as'the Directors (to be
chosen by the Proprietors at a General Meeting) shall appoint-
That One Shilling per Share be paid on allotment to defray
the expenses of forming the Company.
That the first instalment be £2 per Share, and be paid into
the hands of the Company's Bankers within fourteen days after
the appointment of Directors.
That the remainder of the Calls be made at such times as the
Directors shall think fit, upon giving one month's previous no-
tice, and no Call to e%ceed £2 per Share.
That a large proportion of the Shares will be reserved for the
trade in Ireland, Wales, or other parts of the country.
That Shareholders being customers, shall be allowed the be-
nefit of an established credit wills the Company in proportion to
the amount o? their Stra•es, which will enable them to partici-
pate in the profits of manufacture without encroaching upon
their baseness capital.
That, in order to limit the liability of the Shareholders, $
clause shall be ilse,ied in the Deed of Settlement, to provide
that ittease one-four.h of the subscribed capital be any time
lost, the Comtkany shall be d'ssolyed, unless three fourths of the
Propr;e;o•s shot, determine o;herwise.
'That, as soon as 10,000 Sha es are subscribed for, the Com-
paov shag be conside -ed as fo•med, and a meeting of Share-
botters shall be called for the purpose of choosing a Board of
Directors, to be e,?cicd tom Liverpool and Manchester, pos-
sessing not less than 50 Shares each, who shall continue in
office one year—one-third retiring each year, who shall be eligi-
ble to be le-elected.

That the qualification of Directors shall cease upon their dis-
posing of their Shares.
. _ _

That a Deed of Settlement be prepared, containing all ne-
cessary provisions for the security of the Company, and for its
efficient management.
That the holders of ten Shares shall be entitled to one vote,
thirty Shares to two votes, aNd one hundred Shares or upwards
to three votes, either by himself or proxy, such proxy being a
Shareholder, and no individual to hold more than five proxies.
Further information and Prospectuses may be obtained from
Mr. 1-1. B. WALKER, Solicitor, Duke-street and Clarendon-
buildings, and Mr. IL BaYtts, Sharebroker, 66, Castle-street, to
whom all applications for Shales must be directed, postage free..
Liverpool and Manchester Sugar Refining Company.
FORM OP APPLICATION.
To the Provisional Committee,
I apply for Shares in the above-mentioned
Company, according to the terms of the Prospectus.
Yours, obediently,

-Residence.
Date.

-Name.
-Buiuess.

FIFE JUNCTION RAILWAY.
CONNECTING the County_uf FIFE with the Counties on
the North side of the TA Y, un the one hand, end those on
the South side of the FORTH ontbent-her,-thus forming a link
of upiou between the Ferries an the Forth and the Tay, by con- aft
fleeting the Dundee and Newtyle Railway, with its branches to
Cuparand Glanamis, the Dundee Forfar, aniAr oath Railways,
present before Parliament, and at their lute ed extension or k
them to Kirriemuir, Brechin and Mon!rfis as well as the pre- ""
posed Railway from Dundee to Perth, w e great Railways on
the South of the Forth, particularly the ' inburgh and Glasgow
Railway—the Edinburgh, Haddington, nd Dunbar Railway--
the Edinburgh, Leith, and Newhaven Railway, and the Edin-
burgh, Dalkeith, and Leith Railway; and being a branch front
the great Trunk Railway proposed co be extended from London
by York to the Scottish metropolis.
The advantages of a Railway connecting together districts o
the country so very populous and advancing, and passing through
a highly cultivated line, fertile in its agricultural, and abounding
in its mineral productions, are too apparent to require to be
commented on,__

~lndeeu it is
difficult to select a portion of country of equal ex-
tent in the kingdom, which presents so many facilities and ad-
vantages for a railway communication as the country betwixt
the Fife and Tay ferries. The intercour,e between Fite and the
Lothians on the south, and Forfarshire on the north, is even at
present very great; and some idea of theextent of the increased
communication may be formed, when it is considered that doting
the year 1835 there were upwards 0.75,000 passengers between
Newhaven and Burntisland, Pettycur, and Kirkaldy, and up-.
wards 3-1,000 between Newhaven, Dundee, and Aberdeen, &c-
The quantity of goods which would be cart ied 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-
rishitig 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 wino
ally. If a cheap and speedy communication by a railway through
the coal district of Fite was formed, the greater pint of this large
quantity might be fairly calculated upon as liars of the railway
traffic. There are likewise upward of 100,000 bolts of lime im-
ported into the ports of Perth and Dundee, besides importations
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 terries would produce, it has been resolved by as
number of gentlement to endeavour to carry it into effect, and
that as promply, 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 pro-
posed low water pier shall be erected, on the south. In regard
to its intermediate direction, the line which shall be ascertained
to be most advantageous, on the report of eminent engineers,
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 Itailways,it is expected that
the costs will beless than 1.:10,000 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 Fife abounds in coal, and considering the facilities
which would be given to the ports of Kirkaldy or Dundee for
exporting, the agricultural, and mineral. and manufacturing
productions of the county of Fife, a very great source of revenue
would be thence derived.

Its passengers, however, the greatest reliance for a revenue
may be placed. The number of passengers at present is «p'
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 onlyto the extent of one half of this gross number, or 135,01"
throughout the line, and ,early as many for intermediate dis-
tances, but say altogether 250,000 passengers for various dis-
tances, this would yield yearly
Goods, consisting of ( oal, lime, grain, flax yarn,
&c. &c., carried along the railway, at least.... 18,000 0 0

453,250 0
Deduct expense of maintenance, and manage-
ment, conveyance, &c 17,750 0

_~--

35,500 °
Yielding a profit of upwards of 11 per cent, annually on the
capital stock.
1. The capital Stock of the Company shall be £320,000 di-
vided into Shares of £5O earls; a sum not exceeding £3 per
Share of deposit shall be paid upon subscription, and no farther
call shall be made until an art is obtained, and this act shall
provide that not more than .1:5 per Share shall be called lIP at
one time. The deposists to be payable at the Western Bank °`
Scotland, and to Messrs. Jones, Lovd and Co., London.
2. The undertaking, shall be under the management of
fa:
Committee of fifteen subscribers, to be nominated by the part-
ners ners at a General Meeting to be called for that purpose, t° -
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 °II
half of the Capital shall have been subscribed, and a Genera
Meeting of the Subscribers shall then be called, for the purlTse
of appointing the Committee ; and another General 3leeting,:,
shall be held so soon as the Surveys are completed,
Engineers' Report obtained.
Bo- -'`
Applications for Stock to be made by letter to Messrs. e
ISERTSON and Co., 15, Royal Exchange, Edinburgh ; Mr. JAsd
'WATSON, South Frederick-street, Glasgow. Messrs. Slum, an,/
SMALL. Writers, Dundee; Mr. RICHARD DAWSON, EXCllanged
alley, Liverpool; and also to WILLIAM DUNCAN, W. S. 7_l;t3
J. J. DUNCAN, 29, Windsor-street, the interim Clerks, in
annexed form.
Edinburgh, 12th April, 1836. and the ,

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 Junction Rai.lL3.l'
on the terms stated in the Prospectus, dated 12th April, 18;-
I arn, &c. ,
(Name and residence of Applicant.)