The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-04-26 00:00:00

üblic 13obte5,

LONDON AND BIRMINGHAM CANAL,
CAPITAL, THREE MILLIONS.
IN SHARES OF £lOO EACH.—DEPOSIT £2.
PROVISIONAL COMMITTEE.
Chairman—Francis Downing, Eso
Deputy Chairman—Francis Finch
Addison, John, Esq., Wednesbury.
Bassett, John Dullin, Esq., Leig
Badger, Thomas, Esq., Dudl
Bag;all, John, Esq., West r mwich.
Barker, John, Esq., Wolverhampton.
Bradley, Richard. Esq., Tipton.
Bullock, Edwin, Esq., West Bromwich.
Cotterilt, Thomas, Esq., Birmingham.
Chance, Robert Lucas, Esq , Smel hvrick.
Chance, William, Esq., Birmingham.
Di:;on. Edward, Esq., Dudley.
Foster, James, Esq., Stourbridge. -
Gibbins, Joseph, Esq., Birmingham.
Greaves, John, Esq., Radford.
Greslev, Richard, Esq., Me,iden.
Esq., London.
Grout,
Hawkes, Thomas, Esq., M.P., Hirnley.
Haines, Richard, Esq., We.t Bromwich,
Hunt, Thomas Y-ate, Esq., Brades.
Ingleby, Rupert, Esq., Manchester.
Luc‘, George, Esq., Charlecote.park.
Moilliet, John Lewis, Esq., Birmingham.
Mason, James, Esq., Birmingham.
Molineux, C. Henry, Esq., Dudley.
Pirrey, J. Edwards, Esq., Edgbaston.
Potter, Peter, Esq., Gurway House, Walsall.
Robins, William, Esq., Stourbridge.
Ryland, Samuel, Esq., Warwick.
Richards, Theophilus, Esq., Birmingham.
Round, John, Esq., Sedgeley.
Scott, Robert, Esq., Stourbridge.
Shore, Joseph, Esq., Birmingham.
Sparrow, 'W. Hanbury, Esq., Wolverhampton.
Scholefield, Joshua, Esq., M.P., Birmingham.
Smith, Richard, Esq., London.
Williams, Walter, Esq., Handsworth.
Williams, Philip, Esq.. Tipton.
Webb, John, Esq., Burton-upon-Trent.
With power to add to their number.
SOLICITORS.—Messrs. Ingleby and Wragge, Birmingham ;
Messrs. Baxendale, Tatham, Upton, and Johnson, 7, Great
Winchester-street, London ; Messrs. Wilson Bell and
Steward, 35, Lincoln's Inn Fields, London. , ,
CONSULTING ENGlNEER.—JawesWalker, Esq., F.R.S. L
London ;
RESIDENT ENGINEERS.—James Green, Esq., Exeter; John
Thomas, Esq., London.
SURVEYOR.—Mr. Du; dale Houghton, Birmingham.
BANKERS.—Messrs. Taylors and Lloyds, Messrs. Moilliet and
Son, Birmingham; Birmingham Banking Company; Messrs.
Dinon, Dalton, and Co., Dudley; Messes. Hankev and Co.,
7, Fenchurch-street, London; Messrs. Vere, Sapte,Banbury,
Muspratt, and Co., 77, Lombard-street, London.
CON orrroNs.
I.—The Act of Parliament will provide that no person shall be
responsible beyond the amount of his Shares.
2.—Deposit of £2 per Share to be paid, and no further call will
he made until the Act be obtained.
3.—The Deposit shall be available to the necessary expenses of
the undertaking.
4.—lnterest at the rate of 3i per cent. will be allowed on the
calls, until the completion of the Canal.
s.—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 Stratforcl-on•Avon Canal,
in Warwickshire, and ending at the Regent's Canal, London,
to be called "The LONDON and BIRMINGHAM CANAL
NAVIGATION."
The great and leading objects of the proposed undertaking
are—

,uzzard.

Ist.—To effect the cheapest and most direct practicable Line
of Water Communication between London and Birmingham,
and the great Mining districts of Staffordshire, Worcestershire,
and Shropshire.
2d.—To obtain, by the communication it will open with the
Regent, Stratford, Worcester, Birmingham, Birmingham and
Liverpool, Ellesmere and Chester, Trent and Mersey, and
Bridgwater Canals, the quickest, cheapest, and most convenient
line of Canal Conveyance between London, Birmingham, Li-
verpool, and Manchester. Also by a junction with the Oxford
Canal at Baubury, an improved communication to the City of
Oxford.

3d.—To give the facilities and advantages of water conveyance
to the valuable and extensive districts through which the pro-
posed line of navigai ion is intended to be taken—d;stricts capable
of great and rapid improvement, and to which nothing can so
materially contribute as a cheap and direct commucication with
the metropolis and the great manufacturing towns of Warwick-
shire and Staffordshire.

It must be evident that the proposed undertaking embraces
objects of the highest national impo,tance, 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 Lon-
don and Liverpool, to the Manufacturers of Manchester, Bir-
mingham, Wokerhampton, Dudley, Stourhridge, 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 ohierver. Birmingham and Wolverhampton and

A T a MEETING of the COAL and IRON-MASTERS,
.111_, held at the licrrat, DUDLEY, on FRIDAY, the 12th of
February, 1836, to take into Consideration a proposed NEW
LINE CANAL from BIRMINGHAM to LONDON,
MICHAEL GRAZEBROOK, Esq., in the Chair,
Mr. DCGDALE HOUGHTON attended and laid before the
Meeting a Plan of a Line of Canal proposed to be made
between the Stratford-on-Avon Canal and the Regent's
Canal at London ; and it appearing from Stat ents made
to the Meeting, that besides the great advent' ge of avoid-
ing the passage of 124 locks, the proposed a would effect
a saving between Birmingham and Londo by Canal Con,
veyance of 36.1 miles—that the Reductio or Saving in thr
freight of Iron to London by such lin ould amount, ac•
cording to the calculation of experien d Carriers, to full
Fifty per cent. on the present charg that in respect to
Coal and Coke the advantages would be equally great, and
that the Saving in the freight of Manufactured Goods and
General Merchandise from Birmingham to London, and
vice versa, would amount to Twenty Shillings per ton—
RESOLVED,
That it appears to this Meeting that the proposed Canal would
afford the best and most direct line of Water Communication
practicable between the Midland District and the Metropolis,
and by the communication it would open with other (locals,
would be the means of establishing, via Birmingham and Wol-
verhampton, a line of Canal Conveyance between London and
Manchester and Liverpool decidedly superior to that now ex-
isting; that such Communication would benefit in a highly im-
portant degree the Mining Districts of Staffordshire, Worces-
tershire, and Shropshire, and be productive of immense advan-
tages to the Manufacturing, Commercial, and Agricultural In-
terests of the kingdom at laege.
That the Subscribers to the Survey of the proposed Canal be
requested to convene a Meeting of those desirous of promoting
the undertaking, for the purpose of forming a Company, and
taking all necessary m?asures preparatory to applying to Par-
liament for powers to carry the plan into effect.
MICHAEL GRAZEBROOK, Chairman.
Per pro. The EARL of LICHFIELD —Sam.. GEORGE,
Bentley Iron Works.
FRANCIS DOWNING, Dudley.
W. H. SPARROW and Co., Bilston Iron Works.
PHILIP WILLIAMS and SONS, Weduesbury Oak
Iron Works.
G. and E. THORNEYCROFT, Shrubbery and Bradley
Iron Works.
M, and W. GRAZEBROOK, Netherton Iron Woks,
near Dudley.
JOHN BARKER. Chillington Iron Works.
JAMES FOSTER, Srourbridge Iron Works.
GEORGE JONES, Cosely Iron Works.
WM. WARD, Priestfieids Iron Works.
JAMES BATSON, Great Bridge Iron Works.
EDW. DIXON, 11m-soles, Colliery.
SAML. DAWES, Bush Farm Colliery.
For Sir 11. D. C. ST. PAUL, Bart.—RICHD, BRADLY,
Willingsworth Iron Works.
BRADLEY, BARROWS, and HALL, Bloomfield Iron
Works.
WALTER WILLIAMS, Albion Iron Works, West
Bromwich.
EDW. A MPHLETT, Horseley Colliery.
Per pro..W. and G. Fl RM STONE—H. C. FIRMSTONE,
Lava Iron Works, Dudley.
JOHN ROUND, Hange Cutlery, Brades,
JAMES SPITTLE, Wedneshury Colliery.
TIPTON FURNACE CO., Tipton Frirnaces—per C.
BIRCH.
CHARLES BIRCH and Co., Bilston Furnaces.
CHAVASSE and Co., Cutler's End Colliery.
CHAVASSE, MILLS, and CHAVASSE, Bilston Old
Colliery.
JOHN DUDLF:Y, Corbyn's Hall Iron Works. Per pro.
ELIZABETH HOLLOWAY—Saswet. HOLLOWAY,
Square Field Colliery.
Per pro. BANNISTER, BANKS, and Co.—GEO. BAN-
NISTER, Tividale Colliery.
RICHD HAINES, Cophrill Colliery.
JOHN TUkTON FERE DAY, Ilrades Colliery and
and Monmore Green Collieries.
RYDING and HUNT, Swan Colliery.
JOHN RYDING. Ball's Hill Collieries.
B. BEST—for R. SMALL, J. H. SHEARS, and J.
TAYLOR, Cs.rngreaves Iron Works.
THOS. and ISAAC BADGER.
PHILIP WILLIAMS and Co. Union Furnaces West
Bromwich.
GEORGE PARKER, Conygree Furnace, Tipton.
HOUGHTON and FOLEY, Furnace CJlliery.
JOHN HOUGHTON, Whimsey Colliery, Oldbury.
HENRY DOWNING—for BORDESLEY STEEL COM-
PANY, Birmingham.
JOHN WH EEL EY and Co. Brettell-lane Iron Works,
Stourbridg.e.
JOHN BAGNALL and SONS, Goldshill Iron Works,
West Bromwich.
JOHN and BENJ. GIBBONS, Corbyn's Hail and Level
Iron Works, Dudley.
EDWARD PAGE and SONS, Roway Iron Works,
West Bromwich.
JOSEPH PARTRIDGE, Coal-master, Hill Top, West
Bromwich.
W. and J. MILLINGTON, Summer-hill Iron 'Works,
Tipton.
BLACKWELL and JONES, Russell's Hall Iron Works,
near Dudley.
.. .
BLACKWELL, JONES, and OAKES, Buffery Iron
Works, near Dudley. •
RICHARD SMITH, Mineral Surveyor, West Bromwich,
JOSEPH HADLEY, Smethwick iron Works.
JAMES ROBERTS, Iron-founder, West Bromwich,
Heath.
•
BENJAMIN HUNT, Sheepwash Iron Works, Tipton.
JOHN HENRY BATE—for the EAGLE FURNACE
COM PAN Y, Great Bridge.
J. RoaiNsoN—for BIRMINGHAM COAL COMPANY,
Toll-End.
JOHN RUSSELL, Sparrow's Forge, near Wednesbury,
Wm. JOHNSON—for the HORSELEI COAL and IRON
COMPANY, Tipton.
For the TRUSTEES and EXECUTORS of THOMAS BLOIS
PRICE, Bilston Brook and West Bromwich Iron
WorkS—Wst. Tostx vs.
HOLLIS.. SOLLY and SON. Tividale Iron Works.
FRANCIS FINCH, Great Bridge New Colliery.
THOS. DAVIS, Ridgacre and Crook Hay 'Collieries.
West Bromwich.
SAMUEL BILL, Coal-master, West Bromwich.
JOHN TILDASLEY, Aston Junction Forge, Birming-
ham.
THOMAS MORRIS, Wednesbunr and Tipton Collieries,
THOMAS NOCK, Great Ocker Hill Colliery.
_ _

THE LIVERPOOL COTTON TWIST AND POWER-;
LOOM CLOTH COMPANY. s
CAPITAL, £500,000, in 50,000 Shares of £lO each.
SoLicraott.—J oseph Mallahv, Esq.
ITIREAT as has been the increase of *Manufactures in this'
G
country during the last few years, in no branch of our
productive industry, has such rapid strides een made, and
such astonishing results produced, as in t Manufacture of
Cotton. The facts would appear to be alino incredible to per-
sons not conversant with the Trade, did th y not rest upon the'
unquestionable authority of official reiur s from the Custom-
house, and other authentic sources.
To go no further back than the last r.years,.it appears that
the leapt ts of Cotton Wool were—
In 1832 286 832,526 lbs.
„ 1833 ..303.656,837 „
„ 1831. 326.719.586 „
„ 1835, 368,698,544 „ •
Thus showing an increase of the article imported in 1835, ais
compared with the exportiition of 1831, of Thirty-two Millions
of Pounds nearly!
Less than a cenloly ago, the exports of Cottons from this
country were sor rifling, as not to be named by any writer in
treating of the foreign commerce of the country at that period;
even so recently as half a century since, the exports of Cotton
were yet but small compared with the exports of Woollens;
but such has been the extraordinary rapidity of the increase,
that the Cotton e%poits are now three times the exports of
Woollens, heretofore justly considered the Staple Manufacture
of the country, and the great source of its natural wealth.
Of this above-named immense importation it is no less
astonishing than true, that more titan one half is again exported
in the shape of Cotton Twist (Yarn and Tbreadj and Maim-
factored Piece Goods. The exports in 1835 were—
Piece
Goods, 97,822,722 lbs Value, £12,279,107
Yam n....... 82,457,885 „
Thread..... 1.842,124 „
1835—Total ennuis of Cotton Mattufacture..lB2,l22.73llbs..
Value
£18,506.575,
being equal to one •haif cf the whole exports of British Produce-
and Afannfinsiates in the article of Cotton Goods alone !
int;a: t et
e( beya uellpopr
The total value of the Cotton Manufactures of the kingdom
sts
erling; eerst iko.yßedtirinn, aitnaltoxth3eirsoo)oa,otoE,o,3lo,f33Bwh.6ic3s9
no less than £9,758,861 is embarked in Spinning Mills and
Machinery alone, and it.affords employment and subsistence to
one million and a half qr. souls.
These facts show the great importance of the Cotton Manu-
facture, in a national pointof view, that it is also an extremely
lucrative one, is proved by the fact, that very large, fortuues
have been made in the course of a few yedrs, by individuals
who commenced the trade with hut a vet), limited capital.
The seat of this, the Staple Manufacture of the country, is
the district of which Manchester may be called the centre--
Manchester, the great storehouse front whence are supplied the
wants of all Europe, the vast continents of North and South
America, the myriads of British India, and even the countless
millions of China. The great bulk orate raw matetial required
for this immense and rapidly increasing consumption is im-
ported at Liverpool, and a very large proportion of the exports
also, (which are annually increasing) especially those to Ame-
r ca and the East Indies, are shipped at that port.
It has long been matter of surprise, that no Brutal] of the
Cotton Manufacture has been established at Liverp9ol. It
possesses all the advantages and facilities enjoyed by Man-
chester, or any part of the extensive district over which the
Manufacture is spread, with the additional ones of having the
Raw Mate!rial imported on the spot, thus saving the Carriage of
that article to the various parts of Lancashire, Yorkshire,.
Cheshire, and Derbyshire, &c., to which it is transmitted; and
also that of the Twist or Manufactured Goods, again returned
for Exportation at theport of Liverpool.
The extent of Steam-power that may be obtained at Liver-
pool is unlimited; it is equally well (if not better) supplied
with fuel, and is more intimately connected with the Iron Dis.-
tricts than any part of Lancashire or Yorkshire; and these are
admitted to be three main requisites which combine to fix the
principal seat of the Cotton Manufacture in the north-western
part of England.
Liverpool has, moreover, a large and rapidly-increasing po-
pulation, for vast numbers of whom, especially the youth of both
sexes, the town affords no beneficial employment; while even
children, who cart do nothing else for a livelihood, and who are
a burden to the poor-rates, may be profitably employed in a
Cotton Factory.
-In Manchester and the surrounding district, on the contrary,
there is at this moment a great want of hands to supply the
urgent demands for completing the extensive orders already re-
ceived; and it may be fairly stated, that in general the. supply
of hands in the Cotton Factories is inadequate to the demand.
To supply this deficiency, and to afford to Liverpool en oppor-
tunity of profiting by the advantages, natural and accidental,
which it possesses in relation to the Cotton Trade, it is pro-
posed to establish a JOINT STOCK COMPANY, under the
above title and on the following conditions, viz. :
1. The Capital Stock of the Company to consist of £500,000,.
in 100,000 Shares of £5 each,—the• property to be vested iir
Trustees, for the greater simplicity and convenience of the ,tit-=
commercial transactions of the Company.
2. As soon as 25,000 Shares shall have been subscribed for,
the Company shall be considered as formed, and an appropria-
so
lion of the Shares will take place, by the Provisional Com-
mittee, due regard being bad to the interests of the Town or
Liverpool.
3. Each Subscr;ber, upon receiving his letter of appropria-•
lion, to pay within seven days from the date thereof, a deposit'
of two shillings and sixpence per Share,- 'to the credit of the
Provisional Committee, to be applied to defraying the expense
of instituting the Company.
4. The Shares to be transferable, the holder of the receipt for
the deposit, and the Bankers' teceiots for the subsequent calls,.
to be deemed the owner of the Shares in respect of which
such deposit and call or calls shall have been paid, until a
formal and legal transfer can be made in the books of the
Company.
5. The affai-s of the Company to be under the management
and controul of a Board of tine Directors, to be chosen at the
first General Meeting of the Subscribers; two of the Directors
to retire annually in rotation, but may be re-elected; the
vacancies to be filled up at a General Annual Meeting convened
specially fur that purpose.
6. At all General Meetings of the Company, the holder of
10 Shares to have one vote; 30 Shares, two votes; 60 Shares,
itree votes; 100 Shares, four votes; and one vote for every
additional fifty Shares. A Subscriber may vote by his or her
proxy, in wriiiti,g or print, signed with his or her name, and
placed in the hands of any person, being a Subscriber, for that
purpose.

7: The Shareholders to pay a first call of El pe'r Share-to •
the Company's Bankers within 21 days after the Directors shall
have been chusen; a second call of £1 per Share within 60,
days afterwards ; and the residue in such portions, and at such
times, as the Directors shall deem requisite, but three months'
previous, notice to be given of every such intended call. Fail-
ing to pay the, first call, within the time specified, shall involve
the forfeiture of the Shares in respect of which it is payable;
interest to be charged after the time specified for the payment
of the second call, and the Shares to be forfeited if not paid
within 30 days after it becomes due.
8. A Deed-of Settlement to be prepared, which shall contain
ail necessary provisions for the security of the Shareholders,
aqd the general management of the affairs of the Company.
9. If at any time one-fourth of the subscribed capital should be
lost, the Company shall be thereby dissolved, unless a majority
of the Shareholders in number and value should determine
otherwise at a general meeting specially convened to consider
the sohject, and agree to pay the dissentients the then value of .
their Shares.
10. In order that no unnecessary delay should take place in
bringing this Company into active operation, the Provisional
Committee shall have power to contract for the purchase of
Land for an eligible site for erecting the necessary Buildings,
to procure Plans and Estimates, and make such other prelimi-
nary arrangements as they may deem necessary.
Applications for Shares to be made, under seal, (post paid,)
addressed to " The Provisional Committee," at the Office of •
Messrs. SuoLow BROTHERS; Sharebrokers, 30, Castle-street,
Liverpool, of whom Prospectuses and Blank Forms of appli-
cations for Shares may be obtained.
*,,* Form of Applications for fFv,ares :
To the Provisional Committee tj. the Liverpool Cotton Twist and
Power-loom Cloth Company.
GEE TLEMEN,—I request to have Shares
appropriated to me in the Capital Stock of your Company on
the terms of the Prospectus.
; • Name at length,
'1 • I,IL 10 °7
, /11,,
V,OZI
Residence,
rutatiD hat, Trade or Proressi .n.
.11;01'
Date, ,