The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1843-10-17 00:00:00

KIRKDALE GAOL

TO THE MAGISTRATES OF THE COUNTY
PALATINE OF LANCASTER.

MY LORDS AND GRNTLZMICN,
HAVING seen your Advertisement for a GOVER NOR
of K RKDA LE GAOL, I beg very respectfully to
announce that I intend to offer myself as a CANDIDATE
for the SITUATION. I hope the Testimonials I shall
be enabled to lay before you of my chara,:ter and conduct
in similar offices of trust and responsibility will obtain for
me your favourable consideration. Should I have the
honour to be elected, no exertion on my part shall be
wanting to do justice to your selection.
I trust I shall not be considered disrespectful in not
having personally waited upon you ; but 1 have to plead in
excuse the onerous duties of my present situation as Go-
vernor of the Walsall Union Workhouse, and the necessity
of constant superintendence and watchfulness.
I have the honour to be,
My Lords and Gentlemen,
Your most obedient Servant,
HENRY ADDENBROOKE.
Walsall, October 14, 1843.

PROSPECTUS OF PRINCE'S-PARK TONTINE.

TRUS

TEES

SAMUEL SANDBACH, Esq•, CHARLES S. PARKER, Esq
HUGH HORNBY, Esq., JOHN STEWART, E-q.,
JOSEPH LANGTON, Esq., JAMES MULLENEUX, ESO

E want of a Park for the recreation of the Inhabi-
tants of Liverpool, as well as for a healthful place of
residence, has long been felt, especially of late years,
when almost every pleasant Suburb of the Town has been
encroached upon by mean buildings and narrow and con-
fined streets. This want will, in some measure. be
supplied by the public spirit of RICHARD VAUGHAN
YATES, Esq , who has purchased a considerable piece of
Land in Toxteth -park, about 100 statute acres, which is
now being laid out as a Park and Pleasure Grounds and
Garden, with sites set apart for handsome residences,
partly in Terraces and partly in detached Villas.
With a view of promoting the above public-spirited de-
sign, it is proposed to form a Company on the principle of
a Tontine.

The leadinz features of the scheme are as follows :
That the Tontine shall last for a period rot exceeding
thirty years.

That the Capital shall not exceed £50,000, divided into
transferable Shares of £lOO each ; that £lO shall be paid
down at the time of subscribing.. and the scheme to be
considered formed so soon as £20,000 shall he subscribed ;
£lO more on a day to be fixed, and the remainder by in-
stalments as may be required; that the money shall. be
laid out in the erection of Houses. in Terraces or other-
wise, in the Prince's Park, and the Property be vested in
Trustees, all of them members of the Company, and by
whom the affairs of the Company shall be directed ; that
the Life of each Nominee shall be insured by the Trustees
for the sum which his name represents, so that each con-
tributor shall receive back the amount he has contributed
in the event of the failure of the life he has selected.

That the age of the nominee shall not exceed twenty-
five y -ars.

That the rents, after payment of all expenses. including,
of course, the cost of insurance, shall annually he divided
amongst the Proprietors whose nominees shall be then
living, in proporton to their re.peetive Shares, and that
at the period fixed for the determination of the Tontine,
the whole property shall he sold and converted into mo-
ney by the Trustees, and the proceeds divided amongst
the Proprietors of Shares whose nominees shall be then
living.
In all cases the subscribers to the Tontine to have a
preference in renting.
For the information of those who may not be acquainted
with the mode in which the Park is to be laid out and
managed, it may be desirable to state, briefly, the most
material provisions and stipulations of the deed of con-
veyance to Mr. Yates, which has been printed for the use
of purchasers.

Besides the Land appropriated for Villas and Terraces,
part of which, being occupied by Flower Gardens enclosed
with open iron railings, will aid to the. beauty and ap-
parent extent of the Park. the whole of the interior of the
Park, comprising about 45 acres, will be left open and
unbuilt upon, and will be laid out and planted in an orna-
mental manner.

With a view to secure this object, the Park, Pleasure
Grounds, and Garden, and also the Roads and Drives,
are vested in Trsutees for a period of Seventy-five Years,
upon trust, to be used for the above purposes only.
The remainder of the Land, constituting the exterior of
the Park, is intended to be sold for the erection of Ter-
races and Villas, as after mentioned.
Mr, Yates binds himself to make and complete the Park,
Pleasure Grounds, Plantation, and Garden within five
years from the Ist of January, 1843 ; a:so, to make the
several Roads and Drives laid down upon the Plan, with
proper and convenient Main Sewers, and to make Orna-
mental Entrances, with Gates, and great progress has al-
ready been made.

The Park and Pleasure Grounds and Garden are to be
for the use of the Owners and Occupiers of the Houses
erected in the Park, subject to the admission of the
Public to the Walks and Drives, under proper regula-.
tions.

No Building can be erected on any part of the Land de-
voted to the Park and Garden, except an Observatory,
Museum, Library, or o, her Building for some public
purpose, of approved elevation, such Building not to oc-
cupy more than 5,000 yards.
On each Lot of Land sold will be reserved a Ground
Rent, not less than a halfpenny, and not exceeding 3d per
square yard, which is to be made payable to the Trustees
for the term of 75 Years.

These Rents, when all the Lots are sold, are to amount
at least to £l,OOO a-year, and to provide for any de-
ficiency, so long as a portion of the Rents only are pay-
able, that is until the whole of the Lots are sold, Mr.
Yates binds himself and his Heirs to pay to the Trus-
tees one half of the deficiency, whatever it may be, until
the Reserved Rents shall amount to £l,OOO a year.

The Trustees are to permit Mr. Yates to receive the
Rents during his life, he keeping the Park in order and
repair.
After Mr. Yates's death, or on his declining to continue
the management of the Park, the Trustees are to receive
the Rents, including the deficiency guaranteed by Mr.
Yates, if any, and including the Profits arising from let-
ting the Pasturage, and from letting the Lodges, which
Moneys are to be applied by them in maintaing the Park,
Gardens, Drives, &c., in good order.
The Land appropriated for sale is to be sold subject to
restrictions, and in conformity with the Deed of Covenant
and Plan.

Thus is effectually secured, for a period at least of 75
years, a Park of considerable extent in the immediate vi-
cinity of Liverpool, with effectual provisions for keeping
the same in good order, and free from every species of
nuisance.

It will be approached on the side nearest the Town by
a street of twenty yards wide, now in course of formation,
leading in a direct line from the end of Catherine-street,
which, with the new streets about being formed over land
of the late John Thomas, Esq., and communicating with
Hardman-street, will form the handsomest line of streets
in Liverpool.
The Park has been laid out with great taste by gentle-
men of the highest eminence in their profession, and
though much interior in point of size to the Regent's-
park in London, possesses greater variety of surface, and
commands, from the elevated portions of it, views of the
River Mersey, of the Welsh Mountains, and of the
Scenery of the Cheshire and Lancashire Coasts, with
which no view in the Regent's-park can be compared.

The locality, moreover, is such that these views can
scarcely be interfered with by any erections which can be
made on the Lands of the adjoining Proprietors.
The advantages, then, of the proposed Tontine are
briefly these : _

Firjst, from the Locality and from the certainty of the
Park being maintained, the houses may be expected to be
favoured places of residence, to produce good rents, and
to maintain their value.
Secondly, the Land is now offered for sale at a very
moderate price, being, in fact, at a price formed on a
calculation of the first cost or the Land, and the estimated
cost of forming the Park, which estimated cost will, there
can be little doubt, fall considerably below the actual cost.
There is, consequently, every probability, it may almost
be said certainty, of the Lsnd rising in value.

Thirdly, no proprietor will, under any circumstances,
lose his principal, and there is every probability of there
being secured to him a fair return, in the shape of in-
come, which income will, of course, be increased as the
lives drop, whereby the value of the investment will also
be increased.
The Gentlemen whose names appear at the head of this
Prospectus have consented to act as Provisional Trustees;
so soon as Two I I inidred Shares are taken a Meeting will
be held to elect Trustees, and to agree upon the condi-
tions of the Trust. _

....
Applications for Shnres to be made, on or before the
First day of December next, to Messrs. EDEN and
STANISTREET, Solicitors, Royal Bank-buildings, or to
any of the Provitional Trustees.

ABRIDGED PROSPECTUS

EDINBURGH AND NEWHAVEN RAILWAY
BRANCH LINES TO
WET DOCKS AT LEITH, AND TO
GRANTON PIER.

CAPITAL, £IOO,OOOO, IN SHARES OF £2O EACII

PROVISIONAL COMMITTEES.

The Directors of the Edinburgh anti Newhaven Railway

FOR EDINBURGH :
John Richardson. Esq.. Senior Magistrate, Edinburgh.
John Urquhart-, Esq., Magistrate, Edinburgh.
D. M'Earlan, M.D., Councillor, Edinburgh.
Henry Banks, Esq., Councillor, Edinburgh.
J. G. Thomson, Esq., Treasurer, Edinburgh.
Thomas Greig, Esq., Master of the Merchant Company,
Edinburgh.
Archibald Thomson, Esq., Chairman of the Chamber of
Commerce, Edinburgh.
Richard Hunter, Esq.. Edinburgh.

FOR LEITH :
James Reoch, Esq., Provost of Leith.
William Muir, Esq.. Councillor, and Merchant, Leith.
John Smith, Esq., Master of the Trinity House, Leith.
Robert Laurie, Esq., Master of the Merchant Company,
Leith.
Robert Mowbray, Esq., Chairman of the Chamber of
Commerce, Leith.
George Berry, E•zq., Deputy-Chairman Ditto, Leith.
James Duncan, Esq., Merchant, Leith.
John Raitnes, Esq., Merchant, Leith.
William Moodie, Esq., Merchant, Leith.

THE EDINBURGH AND GLASGOW RAILWAY
COMPANY having now determined to extend their
Line to the North Bridge, and a company being in course
of formation from that point to Berwick-on-Tweed, both
of which Lines will thus be connected the Edinburgh,
Leith, and Newlumen Railway, it has been resolved to
carry on the branches to Leith and Grantor) Pier. The
Main Line of this • Railway, from Scotland street to
Trinity, has been completed and in successful operation
all this season. The Di ift-way through the Tunnel, by
means of which it will be carried into the centre of the
city, is nearly finished, and the Tunnel itself may be com-
pleted within 18 months.

The Branch to Leith secur's the great trade of that
port. More than 40.000 tons of Goods pass yearly be-
tween Edinburgh and Glasgow, by way of the Ralway and
the two Canals ; and upwards of 200.000 tons, exclusive
of coals, between Edinburgh and Leith, which the greatly
reduced cost of carriage, as-compared with the rates of
cartage, insures to the Railway.

The number of passengers between Edinburgh and
Leith, by coach, exceeds 400,000 yearly.
The p-ssenger.traffic between Edinburgh Granton,
and Newhaven, also exceeds 400,000,-I,nd the Newhaven
Railway is besides conveying at the rate of 150,000
yearly.

In consequence of the extension of the Edinburgh and
Glasgow Railway, its junction with this Line, and th.-!
reduced cost of carriage, all Goods coming from, and to,
the West of Scotland, will unquestionably pass along this
Rilway and Branches. The necessary consequence will
be a large increase of traffic, particularly in Iron and Coals
in the Leith export trade; and Leith would add at least
50,000 tons yearly to.this-trade in these branches alone.
The length of the branch to Leith is 11 mile, and the
estimated cost is £43,441 ; the Branch to Granton would
be one mile long, and the estimated cost is £49,470,—
and after allowing for exuenses of Bill and all other con-
tingencies, the new capital required may be stated at
£lOO,OOO.

In ?strading the amount of revenue, the average re-
turn from the carriage of goods, along the whole line is
assumed at Is per ton, and the average of passengers at
4d. each, and the anticipated revenue may then be stated
thus :

PASSENGERS.
1. Passengers on the main Line to Trinity,
150,000 yearly .
2. Grantor) and_Newhaven Steam-boat pas-

sengers, 400,000 yearly
3. Leith Coach and Carriage passengers,
400,000 yearly, but assume only one-half r.

X 12,499
4,166

Add for anticipated increase, only one-third.

Total for passengers
GOODS.
1. Between Edinburgh and Leith, 200,000
tons of Goods yearly ; assume only one-
fourth
2. Between Leith and Granton and Glasgow,
(upwards of) 40,000
3. Anticipated increase between Glasgow and
the mineral districts in the west, and Leith,
50,000 tons . ...

£16,665

£23,665

Deduct one-third for working and manage-
ment

Free revenue ..

.... £15,777

Or 71 per cent. on the Capital
Applications for Shares may be made at the Company's
Office, 35, Scotland-street, Edinburgh ; to RICHARD
DAWSON, Esq., 10, Exchange-alley, Liverpool ; Mr. A.
Ross, 27, Tokenhouse Yard, London ; Messrs. SERBoRm
and HoYLAND, Manchester; Messrs. MERCER, STEVEN
sox and Co., Glasgow; or to the Stock and Share 13ro_
kers in town, from all of whom copies of the detailed
Prospectus may be obtained.
911 i October. 1843.

AT a MEETING within the Council Chambers, Leith,
of the PROVISIONAL COMMITTEE of the
BRANCH LINE of the EDINBURGH and NEW.
HAVEN RAILWAY to LEITH and GRANTON, on
the 9th day of October, 1843,
THE HONOURABLE THE PROVOST in the Chair,

The following resolution was moved by ROBERT MOW-
BRAY, Esq., Chairman of the Chamber of Commerce,
seconded by ROBERT LAURIE, Esq., Master of the Mer-
chant Company, and thereafter carried unanimously,
" That this meeting having met and conferred with the
Directors of the Edinburgh and Newhaven Railway, re-
gard with feelings of great gratification the renewed pro-
posal of these Directors to extend a Branch Line to Leith ;
believing, as they do, that the connection so to be afforded
by en unbroken chain of Railway to Edinburgh and Glas-
gow will be productive of uncalculable benefit to the trade
and prosperity of Leith, for the reasons and in the manner
detailed in the Prospectus of the Blanch Lines which has
been issued;—Recommend that Meetings of the different
Public Bodies in Leith should be immediately held to
take the matter into consideration ; and earnestly advise
their fellow-citizens to give all the support and counten-
ance to the undertaking in their power."

JAMES REOCH