The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-05-20 00:00:00

THE PROFIT.

Considering that the county of Forfar is internally destitute
of, and that Fife abounds in coal, and considering the facilities
which would he given to the ports of Kirkaldy and Dundee for
exporting, the agricultural, and mineral, and manufacturing
productions of the county of Fife, a very great source of re-
venue would be thence derived.

In passengers, however, the greatest reliance for a revenue
may be placed. The number of passengers at present is up-
wards of 90,0(YJ 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 wag only
to the extent of one half of this gross number, or 135,000
throughout the line, and nearly as many for intermediate dis•
lances, but say altogether 250,000 passengers for various
distances, this would yield yearly £35,250 0 0
Goods, consisting of coal, lime, grain, flax yarn,
&c. &c., carried along the railway, at least .... 18,000 0 0

£53,250 0 0

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

35.500 0 0'
Yielding a profit of upwards of 11 per cent. annually on the
capital stock.
I. The capital Stock of the Company shall be £320,000 di-
vided into Shares of £5O each ; a sum not exceeding £3 per
Share of deposit shall he paid upon subscription, and no further
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 be under the management of a
Committee of fifteen Subscribers, to be nominated by the Part-
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 Subscribers shall then he called, for the purpose
of appointing the Committee, and another General Meeting
shall be held so soon as the Surveys ale completed, and the
Engineers' Report obtained.
Applications for Stuck to he made by letter to Messrs. Ro-
BEWTSON and Co., 15, Royal Exchange, Edinburgh; Mr. JAS.
WATSON, South Frederick-street, Glasgow; Messrs. SHIM,
and SMALL, Writers, Dundee; Mr. RICHARD DAWSON, Ex-
change-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 Junction Railway
on the terms stated in the Prospectus, dated 12th April, 1836.
I am, &c.
(Name and residence of Applicant.)

PROSPECTUS OF AN ASSOCIATION;
TO BE CALLED

THE LIVERPOOL JOINT STOCK COMPANY, FOR.
THE INVESTMENT OF CAPITAL IN THE PUR-
CHASE AND SALE OF LAND AND BUILDINGS
IN LIVERPOOL AND ITS VICINITY,
CAPITAL, ,£300.1X)0, IN 30,000 SHARES AT £lO EACH,
With power for the Company to augment the Capital increasing
the number of Shares.
lir HE object of this Company will be to e )loy the Capital
to be advanced in the Purchse a Sale of Land and
Buildings in the Town and Neighbour od of Liverpool, in
such a manner as to secure the payment o at least .C 5 per cent.
Interest,'with a certain prospect of a future increase of Interest,
from the great demand for public and private situations.
This appeal is made to the public under the firm -conviction
that the proposed Association will afford a safe and profitable
investment, that it is not liable even to the character of Specu-
lation, that it is perfectly free from all attempts to mislead the
public mind, and that it has no feature in common with .any of
those delusions which characterise too many of the ephemeral
projects of the present day.
The steady increase in the value of Land and Buildings in
Liverpool and its vicinity is so well known that it requires but
little penetration to predict that it has not yet reached the acme
of its real worth.
The Funds and Property of the Company shall be vested in
Trustees, to be chosen by a majority of the members, at a
General Meeting.
The Title Deeds belonging to the Association-shrill be de-
posited in a place of safety, to be fixed upon by a majority of
the Members present at a -General Meeting.
A Committee of Management, consisting of twenty-one
Shareholders, shall be chosen by a majority of the Members
present at a General Meeting, to be held immediately after the
allotment of shares, and afterwards annually ; and the Com-
mittee, or a majority of them, shall choose seven members,
each of whom shall be holders of not less than forty shares, to
act as Directors for one year from the time of their respective
appointments,
That in case any of the Committee or Directors shall die, or
otherwise be deemed incapable or unfit to act in the manage-
ment of the affairs of the Association, then a special meeting of
the subscribers shall be called, to fill up the vacancies in such
manner as a majority of the members present at such meeting
shall determine.
That at every annual election of Officers, three of the Direc-
tors and seven of the Committee shall retire frau office, but
they shall be eligible to be re-elected.
That the Affairs of the Company shall be submitted to a
General Meeting of the Shareholders, once in every twelve
months, previous to which the accounts shall be audited by two
persons chosen by a general meeting—a report made of the
state of the Company,—and a dividend declared and paid to the
Alembers.
Every Subscriber shall pay One Shilling per Share upon
Allotment, which shall be appropriated exclusively to defray
the_expenses incident to the formation of the Association.

-4'hai upon the receipt of the Scrip, every member shall pay
El per cent, in respect of each Share, which will entitle the
Shareholder to attend the first General Meeting of the Mem-
bers, but no Calls will be made for Subscriptipns on account of
the ShareS till the Directors or other Officers duly authorised
for that purpose shall have found a desirable Investment of
Capital in the Purchase of Land or Buildings, and no call shall
exceed El per Share, and not less than twenty-one days' notice
Ito be given between each Call. _ _

A piilications for Shares to be made by letter, (post-paid.) to
Mr. kovvr,En, 21, Dale-street, Solicitor to the Provisional Com-
mittee; to Mr. litcnAnn DAwsotst, Stock and Share Broker,
Exchange-alley; Mr. Josai'n KING, Stock and Share Broker,
Exchangebuildings ; or Mr. THOMAS COGLAN, Stock and
Share Broker, Exchange-street East, from whom, as well as at
the offices of Mr. SAMUEL ROWLAND, Surveyor, North John-
street, and Mr. Wxto LITMAN, Surveyor, Castle-street, a Pros
pectus of the Association may be had.
- -

. . .
FoilAl OF APPLICATION.
I hereby request vou to allot me Shares in "The
Liverpool-Joint Stojk. Company for the investment of Capital
in the Purchase and Sale of Land and Buildings in Liverpool
and its Vicinity," according to the terms and conditions of the
Prospectus of the said Company. .
Dated the day of May, 183 G.

Name, -
Profession,
Residence,

LONDON AND BIRMINGHAM CANAL.
CAPITAL, THREE MILLIONS, IN SHARES OF £lOO BACA,
DEPOSIT £2.
PROVISIONAT. COMMITTEE.
CHAIRMAN,—Francis Downing, Esg.
DEPUTY-CHAIRMAN,—Francis Finch, Esq.
Addison John, Esq., Wednesbury.
Bassett John Dollin, Esq., Leighton Buzzard.
Badger Thomas, Esq., Dudley.
Bagnall John, Esq:, Westbromwich.
Barker John, Esq., Wolverhampton.
Bradley Richard, Esq. Tipton.
Bullock Edwin' Esq., Westbromwich.
Cobb Timothy Rhodes, Esq., Banbu y.
Cotterill Thomas, Esq., Birmi m.
Chance Robert Lucas, Esq., ethwick.
Chance William, Esq., Birmingham.
Dixon Edward. Esq., Dudley.
Foster James. Esq., Stourbrulge. k
Gibbins Joseph, Esq., Birmingham.
Greaves John, Esq., Radford.
Gresley Richard, Esq., Mereden.
Grout Joseph, Esq.. London.
Hawkes Thomas, Esq., M.P., Hiniley.
Haines Richard, Esq., Westbromwich.
Hunt Thomas Yale, Esq., Brades.
Ingleby Rupert. Esq., Manchester.
Lucy George, Esq., harlecote Park.
Moilliet John Lewis, Esq., Birmingham.
Mason James, Esq., Birmingham.
..Molineux C. Henry, Esq., Dudley.
. Percy J. Edwards, Esq., Edgbaston.
Perry James, Esq., Dublin.
Potter Peter, Esq., Gorway House, Walsall.
Robins William, Esq., Stourbridge.
Ryland Samuel, Esq., Warwick.
Richards Theophilus, Esq., Birmingham.
Round John, Esq., Sedgley.
Scott Robert, Esq., Stourbridge.
Shore Joseph, Esq., Birmingham.
Sparrow W. Hanburv, Esq., Wolverhampton.
Scholefield Joseph, Esq., M.P., Birmingham.
Smith Richard, Esq., London.
Williams Walter, Esq., Handsworth.
Williams Philip, Esq., Tipton.
Webb John. Esq., Burton-upon-Trent.
NVith power to add to their number.
SOLICITORS,—Messrs. Ingleby and Wragge, Birmingbani.—
Messri. Baxendale, Tatham, Upton, an I Johnson, 7, Great
Winchester-street, London.—Messrs. Wilson, Bell, and
Steward, 35, Lincoln's Inn Fields, London.
CONSULTING ENGINEER,—James Walker, Esq., F.R.S. L. and
E., London.
RESIDENT ENGINEERS,—James Green, Esq., Exeter, John
Thomas, Esq.,_ London. .
SURVEYOR,—Mr, Dugdale Houghton, Birmingham.
BANKERS,—Messrs. Taylors and Lloyds, Messrs. Moilliet and
Son, Birmingham. Birmingham Banking Company.
Messrs. Dixon, Dalton,_ and Co., Dudley.—MeSsrs. Bassett
and Grant, Leighton Bussard and Newport Pagnell.—The
Manchester and Liverpool District Bank. Manchester and
LiVerpool.—Messrs. Hankey and Co., 7, Fenchurch-street,
London.—Messrs. Vere, Sapte, Banbury, Muspratt, and Co.,
77, Lombard-street, London.
CONDITIONS.

1. The Act of Parliament will provide that no person shall
be responsible beyond the amount, of his Shares.
2. Deposit of a per Share to be paid, and no further call will
be made till the Act be obtained.

3. The Deposit shall be available to the necessary expenses
of the undertaking.
4. Interest at the rate of ai per cent. will be allowed on the
calls, until the completion of the Canal.
5. Calls will be made after the Act is obtained, by Quarterly
Payments of £6 ss. per Share.
PROSPECTUS

Of a line of Navigation from Birmingham to London, commencing
at the Stratford-on-Avon Canal in Warwickshire, and ending
at the Regent's Canal, London; ►o he called
THE LONDON AND BIRMINGHAM CANAL
NAVIGATION. _

rlirlHE great and leading objects of the proposed undertaking,
are—
First.—To effect the cheapest, and most direct practicable
line of water communication, between Lond ir and Birming-
ham. and the great mining districts of S ordshire, Worces-
tershire, and Shropshire.
Second.—To obtain, by the communic it will open with
the Regent, Stafford, Worcester, Birmin ham, Birmingham
and Liverpool, Ellesmere and Chester, Trent and Mersey, and
Bridgewater Canals, the quickest, cheapest, and most conve-
nient line of canal conveyance between London, Birmingham,
Liverpool, and Manchester roved by a junction with the Oxford
Canal at Banbury, an imp communication to the city of
Oxford.
Third.—To give the facilities and advantages of water con-
veyance, to the valuable and extensive districts through which
the proposed line of navigation is intended to be taken;—dis-
tricts, capable of great and rapid improvement, and to' which
nothing can so materially contribute, as a cheap and direct
communication with the Metropolis,
_ and the great manufac-
turing: towns of Warwickshire and Staffordshire.
It must be evident, that the proposed undertaking embraces
objects of the highest national importance; and cannot fail to
produce great and almost incalculable advantages, to the Agri-
cultural, Commercial, and Manufacturing interests of the
kingdom.
The extraordinary facility that this line would give to London
and Liverpool, to the manufacturers Manchester, Birmingham,
Wolverhampton, Dudley, Stourbridge, and Walsall, and to the
Proprietors of Mines and Works, in the counties of Stafford,
Worcester, and Salop, must be obvious to the most superficial
observer.—Birmingham and Wolverhampton, and the con-
tiguous mineral districts, would then be situated about midway,
on.the great throughfare water communication between London
and Liverpool, and London and Manchester, and as vessels
would be passing incessantly in each direction, the increased
facility and despatch could not but be productive of the highest
advantages. The seeing in distance by the proposed route will be
36 miles, and the locks will be reduced from 172 to 44.

One great feature of the proposed iindertaVing,isthe opening
of a cheap communication, between the Metropolis anti the
great Coal
.Fields of• Staffordshire and Worcestershire.' • In the
• attainment of this object, every inhabitant of London ought to
feel himself interested; experience ever' day furnishing addi-
tional proofs, that nothing but effective competition from the in-
terior of the kingdom, can insure to the householders of London
a regular and steady supply of Coal. at moderate prices. Per-
haps it is scarcely possible for the most sanguine minir to form
an adequate conception of the benefits that would result from
enabling the Midland Coal proprietor, to compete with the
Northern proprietor, in supplying London with Coal ;—mono-
. poly would be rendered impossible, combination frustrated, and
free and active competition completely secured. By the pro-
posed itoute Staffordshire Coal can be delivered in the City
Basin, at pi ices varying with quality, from 15s. to 20s. per ton.
With a view to render this concern as extensively useful as
possible, the rates of tonnage will be low, and thus command
that great mass of business which invariably follows moderate
charges.
Manure and Road Materials will be permitted to pass at low
rates. Wharfs will be provided where the Canal will intersect
main thoroughfares, and every encouragement be afforded to
the free developement of the energies of the districts through
which the Canal will pass.
The proposed navigation will possess all the improvements of the.
best modern canals. Where tunnelling is necessary two. tunnels,
,
with a towing path under each, will be made ; the sides f the
canal will he walled ; and the greated of all modern improve-
ments, the double towing path, will be carried throughout the whole
line.
Confident in the superior cheapness and convenience of water
conveyance, (particularly as regards raw materials and heavy
commodities). the promoters of this undertaking have no hesita-
tim in submitting their plan to the public, in the face of the
numerous railways now in course of formation; every day, in
their judgment, furnishing further and satisfactory proof, that
though railway conveyance may be preferred for passengers,
and light goods that require dispatch and will bear high rates of
transit, the great hulk of the trade of the country will still be
carried on through the medium of cheap navigable communi-
cations.
The calculations as to the revenue being founded on indis-
putable data, the promoters of the measure have no hesitation
in stating, that the prospect of remuneration is, in the highest
degree, encouraging; and that, if due consideration be given
to the merits of the proposed line, to the great extent and sim-
plicity of its levels, to the superiority it will possess in respect
to distance and lockage, to the well-ascertained fact that a lull
supply• of water ran be provided, the conclusion will he fully
warranted, that in a short time after its completion, this really
grand internal communication will yield such a return, as will
entitle it to be classed amongst the most productive and success-
ful undertakings of the kind in the Kingdom. According to a
moderate Estimate, full ten per cent, will he realized. By the
proposed route Goods will he delivered in London in thirty-two
hours, instead of seventy, by the existing route, the saving in

Freight Vs. nerton.
• Applications for shares to he made to the Sor.icrrons. and
to Me,,srs. •PALNIER and HOPE, 2, North Piazza, Royal
Exchange, according to the form annexed; Mr. RICHARD
DAWSON, Share-hroker, EXchange-alley, or Mr. JONATHAN
SAUNDERS, Share-broker, Exchange-street East, Liverpool;
and no shares will be secured until the deposit is 1 a'.d.

MAY 20 18f-6.

Vublit /3obit,s,

HERCULANEUM POTTERY DOCK ESTATE.
TT has been resolved by the Proprietors of this Estate, that it
hould be offered to the Public on somewhat similar terms
to those by which the. Harrington Dud: Company have become
possessed of the adjoining LantL

The ESTATE consists of the Pottery, and the Dock belong-
ing to it, in Lease to Messrs. Moi t and Simpson; the Ship-
building Yard, in Lease to Mr. Duncan Gibb ; an excellent
Landing Slip and Pier equal to any on the River; eight Houses.
forming the Park Terrace ; about sixty Cottages, and a large
quantity of unenclosed Beach and Land to the eastward, the
whole. containing, exclusive of Roads, above 150,000 square
yards of FREEITOLD LAND, with a frontage to the River of
420 yards lineal.
The southern boundary is already lielosed hy a strong Ashlar
Wall, and a considerable portion of the foundation and side
walls of a New Graving Dock (of the same dimensions as No.l
of the Liverpoo4Graving Docks) is built iinmed. ely adjacent;
and it is intended to form the entrance of s lent width to al-
low the passage of‘first-class Steamer out the customary
and expensive meihod usually adoi ed of unshipping their
Paddle Boxes.

The great extent and compactness of this Property render it
capable of being turned to most profitable account; and for
Wharfs, Shipbuilders' Yards, Forwarding Agents, Depots for
Goods requiring transhipment, Yards requiring great space con-
nected with a Shipping Station, or anv of the general purposes
of a Commercial Town, this Estate offers advantages now DO
longer to be met with.

Should it become desirable, a Communication from the Wet
Dock with the portion of Land on the east side of Sefton-street
may be readily made by means of a Canal.
Numerous applications for the Land, both to rent and put
chase Lots, have been made, and from its proximity to the
Docks, and the seat of the Timber Trade, it will be occupied as
fast as it can be prepared.
It is intended that the Steamers to and from the Royal Roe]~
Ferry, which is directly opposite the Potteries, shall ply- to the
to the new Slip, and where Passengers, Carriages, and Cattle
can be securely shipped and landed; and the quiet and conveni-
ent access to all parts of the town from the Pier will necessaril9
render it a principal place of passage.
From the extent of this Property the Proprietors are desirous
of being joined in this undertaking by those whose occupations
render the situation desirable, and who will consequently be
free from the liability of removal; and to the Capitalist there is
a certainty of commensurate return in the future improvetneat
and increased value of the Property, and that without the
smallest risk.

It is intended, therefore, that a Company be formed for the
purchase and management of this Estate, having a Capital of
£220,000, in 2,200 Shares of £lOO each, which includes a con-
templated outlay, according to the estimates made for finishinir
the Works, of £IO,OOO. A Deposit of £lO per Share to be paid
on allotment of the Shares, and the remainder of the Capital by
instalments every three months.
Plans and Descriptions of the Property, and Estimates of the-
cost of completing the projected improvements, may be seen,
and applications for Shares left, at the Offices of Messrs. LACK,
SONS. and MrEas, Solicitors, Castle-street; Messrs. LOW N DES
and RoutrisoN, Solicitors, Brunswick-street; Mr. FoasYril
Share Broker, Exchange; Messrs. H. BANNER, SON; "5
THOMPSON. Share Brokers, Castle-street; and Mr. WaLrEg-
CLARKE, Share Broker, Imperial Office.