The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1833-12-20 00:00:00

LtiNDON, HOLYHEAD, AND LIVERPOOL STEAM-
COACH AND ROAD COMPANY.

.C4PITA I, 050,000, in Shares of £2) each, Deposit £2 per Share.

Subscriber; will not be answerator beyond the amount of their
respec!ive Shares.
PROVISIONAL COMMITTEE.
The Right Honourable Sit Henry Parnell, Bart., M.P.
William Re.lith Cartwright, Es', M.P.
C. D. 0. Jephson, Esq.. M.P.
William Stuart Esq., M.P.
Sir Charles Knightley, Bart.
T:ICSTEES.
W. R. Keith Douglas, Esq. Sir Andrew Agnew, Bart. M.P.
Henry Handley, Esq., M.P.
BANKERS.
Messrs. Cuutts and Co.
LONDON
?Messrs. Smith, Payne. and Smith.
DAVENTRY Messrs. Watkins and Son.
COVENTRY Messrs_ Beck and Prime.
BIRMINGHAM
LIVERPOOL The Bank of Liverpool.
SHREWSSI Ry Messrs. Beck, Dodson, and Co.
NORTHAMPTON . Messrs. Watkins, TawnAll, and Gillet.
ACTING SECRETARY. V
A. M. Robertson, Esq., 2, Parliament-street.
SOLICITORS.
Messrs. Green, Pemberton, Crawley, and Gardner, Salisbury-
square, and E. S. Burton, Esq., Daventry.
CONSULTING ENGINEER.—Thomas Telford, Esq.
ACTING ENGINEER.--John MaCueill, Esq.
INSPECTOR OF ENGINES.
Applications for Shares to be addressed to the Secretary,
No. 2, Parliament-street, London.
THE practicability and economy of employing Steam Car-
riages as a means of Transport for Passengers, upon Tut n-
pike-roads, having been fully established to the satisfaction of
eminent Engineers, and scientific Gentlemen, who have given
their attention to the subject, a Company is now forming, to be
incorporated under the name of "THE LONDON,
HOLYHEAD,
AND LIVERPOOL STEAM-COACH AND ROAD CompAar."—The
Capital proposed is £350,00(); to be raised in Shares of £2O
each. A deposit of £2 per Share to be paid, upon Subscribers
being recorded as Shareholders, and no further Sum to be called
for, until an Act of Parliament has been obtained.
Although it has been satisfactorily proved that Steam-Car-
riages are capable of travelling on a well formed Turnpike-
road, with a speed which is unattainable by Horses on the same
Road, yet the attention of the Company will be directed to such
further improvement of the Line of Road they have selected,
and particularly, in the first instance, to that part of it between
London and Birmingham, as will enable Locomotive Steam-
Carriages to proceed with still greater facility; and it is consi-
as--sa that thia,stsia,t may be attained by a comparat,se!y small
investment of Capital..
Notice has, therefore,. been given of an intended application
to Parliament, during the ensuing Session, for the purpose of
obtaining power to reconstruct and improve a portion of the
present Road between London and Birtninghan. ~irmin am.
-
The Estimates for Improving the Road between
and Liverpool, and between Birmingham and- rlelyhead, not
having been completed in time, to comply with the Standing
Orders of the House of Commons, it has been determined to
submit to the Public, in the first instance, that portion' of the
project which relates to the Road between -London and Bir-
mingham.
The estimated Cost of the proposed .improvement of the Road,
—of Locomotive Engines,-7-of Dcp&s, and Water Stations,—
together with other charges contingent upon the measure,
amounts to £350,000,—as stated in detail in the Estimate sub-
joined hereto.
The same Estimate also shows in detail the Daily Charge to
be incurred in the hire and wear of Carriages, the repair of
Stearn-Engines, the purchase of Fuel, and the payment of En-
gineers and Firemen, to which is also added, the Expense of the
Establishments at London, Birmingham, and the Depots, and a
ae appropriated for the purchase of new Engines,
is the whole, to £2ll 2s. 6d. per diem. If to this
Sam he addeal Interest and Profit on the Capital, at the rate of
1, tO per cent. per abstain, and a reserved anus for the future re-
pair of the Road, the total Daily Charge, including Tolls, will
be £375 I7s. 6d.
1 'Whilst thsse Estimate: of Expenditure have been deduced from
calculations of the extreme prices which might by any possibi-
lity be demanded and paid for the various works and services
required, corroborated by offers of the most respectable Trades-
men and Manufacturers, as to the tetras upon which they would
be willing to contract for the supply of the Materials and the
performance of the Work,—the Lstimated Return has been cal-
culated, on an assumption that only five hundred daily Passen-
gers might travel in the .Company's Carriages ,•—the average
number of Persons travelling the same Road by the present
Conveyances being five hundred and fifty.
The Rate of Speed at which the Company's Carriages will
travel will only be limited by a due regard to the safety of the
Passengers • and it is proposed that the Prices of Conveyance
should be about one-half the present Fares by the Light Coaches.
As these Estimates show a profit exceeding £lOO per diem,
in addition to the Interest and Profit on the Sum expended in
Road-making, which is to be secured by an additional Toll on
Steam-Carriages, it has been deemed expedient to present them
in fuller detail than has been adopted in any similar Prospectus,
in order that men of business and experience may the more
readily form an idea of the practicability of the measure.
It is proposed that the Directors should be elected by the
Shareholders, under such regulations, as to qualification and
rotation of service, as may ultimately be agreed upon, but in the
mean time a Provisional Committee has been appointed for
taking charge of the ill in Parliament, and for arranging other
preliminary measures.
Mr. W. R. KEITH DOUGLAS, Sir ANDREW AGNEW, Bart.,
M.P., and Mr. HENRY HANDLEY, M.P., having consented to
become Trustees for the Company, accounts have been opened
in their names with the several Bankers above-mentioned, to
whom Deposits are to be paid.