The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1844-09-03 00:00:00

way Communication between the City of Glasgow and the
inexhaustible fields of coal and other minerals, lying in
the lower valley of the Clyde, as well as those traversed
by the W show and Coliness Railway, the Wilseoton
Railway, and other communicating Lines;
In tha third Mace, a union between the Caledonian
Railway and the City. of Glasgow, possessing the Ter-
minus at. that city, suggested by the Royal Commis-
sioners appointed to report on the best means of Railway
communication between England and Scotland ; and
In the fourth place, a Junction of all those Lines with
the existing Railway leading from Glasgow to the sea-
ports of Greenock and Port Glasgow, so as to form one
continuous and unbroken Line to the south of Scotland
and all parts of England.
The Provisional Committee have been induced to state,
in the fist place, the local objects to be attained, because
these objects have long b:-en the subject of public consi-
deration, and, of themselves, afford the certainty of an
ample return for the expense to be incurred, without re-
ference to any Line of Railway not yet formed ; and also
because they ought not to he lost sight of in the prospect
of a Junction with the Caledonian Line; and of a con-
nection between that Line and the Railway to Greenock
and Port Glasgow.
An examination of the Sketch of the proposed Lines
will show how the objects in view are to be attained.
The Polloc and Govan Railway, which has been
already constructed and is open to the public, is a line of
three miles in length, commencing at the Harbour of
Glasgow, and terminating at the Royal Burgh of Ruther-
glen ; and it is intended to be incorporated in the present
undertaking.
With this view the Provisional Committee have ac-
quired a right to the Polloc and Govan Railway, by an
agreement of Sale conditional on an Act being obtained
fur the Clydesdale Junction Line, at a price (to be taken
in stock) which will afford an ample return to the New
Company ; and it is part of the agreement that the price
(while it shall in no event exceed the stipulated sum) shall
be subject to review by Mr. Locke, the Engineer to this
undertaking, who may reduce it to such an amount as he
may think reasonable. The Provisional Committee have
also concluded an agreement for such station ground as
may be required, at a price to be fixed by arbitration.

From the terminus of the Polloc and Govan Railway
at Rutherglen, it is intended that the main line shall run
eastward to Hamilton; and that a Branch shall be forined
to join the Wishaw and Coltness Railway at Motherwell.
By means of the last. mentioned Railway the communica-
tion with the Caledonian Line will be completed ; but if
the terms demanded by the Wishaw and Coltness Com-
pany, for such accommodation, should render it necessary
or desirable, the proposed Line can be extended, at a
small expense, so as to join the Caledonian without the
intervention of any part of the Wishaw and Coltness
Railway ; and the Provisional Committee contemplate
the possibility, though not the probability, of such an ex-
tension as a part of the present undertaking.
The projected works, including the price of the Polloc
and Govan Railway, and an ample allowance for Stations,
are etvimated to ..cost £400,000, which is proposed to be
the Capital of the Company; but in order to provide for,
the possible extension of the. Line as above explained,
and for some highly profitable additions in the sh,pe of
short side Branches, which this Railway admits of, the
Provisional Committee recommend that power should be
reserved to increase the Capital to £500,000, if needful,—
the existing Shareholders having a preference to the' ad-
ditional stock.

The Provisional Committee have taken great pains to
ascertain, with accuracy, the returns which may be ex-
pected from the Traffic on the proposed Railway; and
after 'allowing for every contingency, and deducting from
the gross receipts 40 per cent. for working expenses, the
results show a net profit on the Capital, of nearly 9 per
cent. per annum, exclusive of the great additional traffic
toAich may be anticipated from the. Caledonian Line. The
C‘nunittee have concluded an Agreement with. the Pro-
viiional Committee of the Caledonian Company, upon
terms advantageous to both undertakings; and they hare
no doubt, that, from the comparative shortness of the
Clydesdale line, and the superiority of its Terminus, the
greater part, if not the whole, of the Western traffic of the
Caledonian will pass along it.
The Committee have also ascertained that the Works
may be completed within eighteen months after the Act
of Parliament shall have been obtained.

The Shares will he £5O each, and it will he •a provision
of the Act of Incorpoiation that no Subscriber shall be
liable for more than the amount of his subscription. A
deposit of 10 per cent., or £5 per Share, to be paid at
the time of Allotment; and Subscribers mill have to exe-
cute the Parliamentary Deed on receiving their Scrip.
Of the proposed Capital upwards of 3000 Shares have
already beeataken up, by I•arties locally iuterested.

Application for Shores to be made in the form annexed,
addressed to .the Secretary, or to nervy Francis, Esq ,
57, Threadneedle-'trees, London; Messrs. FORSYTH
and PRITCHARD, Liverpool; or 'Mr. J. B. Locke,
Manchester; from any of whom Prospectuses and Plans
may be obtained.

FORM OF APPLICATION FOR SHARES.
To the Provisional Committee of the
Clydesdale Junction Railway.
Dale 1844.

GENTLEMEN,-

I wish to become a Subscriber for Shares in
this Undertaking, of '£so ,per Share, the deposit upon
which, or on any less number of Shares that may be
allotted tome, I agree to pay; and I also to undertake
to sign the necessary Deeds, whenrequired so to do.
I am,Uentletnen,
Your obedient Servant,
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