The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1851-06-10 00:00:00

INCORPORATED BY ROYAL CHARTER

CAPITAL 41C0,06D, in 100,000 Shares of .e 1 each. To be
paid up teithout further liability.

Trustees.
Sir CLAUDE SCOTT, Bart.
THOMAS HANKET, ESQ.
Directors.
The Right Hon. the Lord DE, MAuLEY, Chairman.
ARTHUR ANDERSON, ESQ:, M.P., Director of the Peninsular
and Oriental Steam Ntivigation Company.
JOHN W. BRETT, BK., Hanover-square.
Sir JAMES CARMic,nAEL, Bart., Sussex-gardens.
The Hon. FREDE,XICK CADOGAN, Chesham-place.
FRANCIS EDWARDS, Esq., Westbourne-terrace, Hyde-park.
T. C. GRAN9ta, Esq., Q.C., M.P.
P. DOUGLIS HADow, Esq.' Director of the Peninsular and
Oriental Steam Navigation Company.
Lieut.-Col. I. A. LLOYD, F.R.S. Athenmum.
Consulting Engineer.
W. CURITT, Esq., F.R.S.,
President of the Institution of C.E.
Bankers.
LONDON. PARIS.
Sir CLAUDE SCOTT, Bart. and IM. Ferrere Laffite, Rue
I
Co., Cavendish-square. Laffite.
Messrs. HANKEY, Fenchurch- M. M. Rothschild.
street.

Aolicitors,

Messrs. DAVIES, SON, and CAMPBELL,
Warwick-street, Regent-street.
Secretary.
T. GRIFFIN, ESQ.
Offices,
9, Moorgate-street, London.

ON the 28th of August last, an experimental line
of wire, twenty-five miles in length, measuring, with
its covering of gutta percha, only half an inch in diarr::cr,
was successfully submerged in the Channel, between Dover
and Cape Grisnez, and communications from England to
France were printed by the Telegraph, which are now in the
possession of the President of the French Republic.
The submersion of the wire, and the actual printing of the
messages, having proved, beyond the possibility of a doubt,
the practicability and certainty of the undertaking, it now
only remains to lay down a number of Permanent wires in a
protective covering of adequate strength to ensure them
against accident. The experimental wire was not expected to
bear a strain of more than from 100ibs. to 2001b5., whereas the
combined strength of the Lines about to be laid down are cal-
, culated to be sufficient to resist the anchors of large vessels.
These wires will each afford a distinct line of Telegraphic
intercourse, connecting Great Britain with France, Belgium,
Prussia, Austria, and other parts of the Continent, whereby
ultimately an universal and instantaneous communication
throughout the whole of Europe will be established.
One great feature in this undertaking is the advan-
tages it will offer to India and America. By the
agency of a single wire, the news by the India Mail, on its
arrival at Trieste or Marseilles, may be delivered, printed in
Roman type, simultaneously at Paris and London, and at
Liverpool, in readiness for ths departure of the American
Mail ; while the remaining lines of wir' may at the same in-
stant be conveying intelligence between Great Britain and the
other countries of Europe.
Mr. Jacob Brett has obtained from the French Government
a concession, signed by the President of the Republic, of which
the following are the principal provisions :
An authority to establish a Submarine Telegraph between
the coasts of France and England.
The working of this undertaking, to the exclusion of every
other of a similar description, for a period of ten years,
from the let October, 1851.
The following letter from the Minister of the Interior will
afford additional proof of the privileges granted by the
French Government

" Sir,—The nrst article of the decree, giving you permission
to establish an Electric Telegraph between the coasts of
France and England, determines, according to your own pro-
position, those parts of the coast of France where it is to be
laid down; but the Government does not reserve to itself any
right to grant a similar concession upon any other part of its
shores.—We clearly understand that for a period of ten years
you are entitled—to the exclusion of all others—to establish
this triode of communication between France and England.
(Signed) "J. DUFAURE, Minister of the Interior.
"To Jacob Brett, Esq."
The several departments of the English Government, viz. the
Admiralty, the Treasury, the Woods and Forests, the Board of
Trade. and the Foreign Office, have, expressed their approba-
tion of the undertaking, and their readiness to afford every
facility for carrying out its objects in the most efficient manner.
It is proposed to vest the Concessions in a Public Company,
to named the "Submarine Telegraph Company." for which
a Royal Charter has been obtained.

The Capital to consist of 103,CG0 Shares of 1 each ; one-
fourth of such Shares to be appropriated as paid-up Shares to
the Concessionaires and Patentees, in consideration of the
transfer and assignment of the concessions and privileges
granted by the French Government, and for the necessary
license to use the patents.

It is intended to'issue only 50,000 of the remaining Shares,
in the first instance, the allottees of which will be required to
pay up the full amount of such Shares on allotment; and as
the Company is incorporated, they will be protected from fur-
ther liability.
The audits of the Company will be managed by a Board of
Directors, to be elected by the Shareholders, under the pro-
visions of a Deed to be signed by the Shareholders; which
Deed is to be prepared according to the form required by the
Royal Charter of Incorporation granted to this Company.
The Plans, accompanied by AD. Cubltt's Report, have been
lodged with the French Government, and the necessary amount
of caution money deposited.
The proposed Capital Is amply sufficient for the purposes
required, parties having Tendered for the Works within the
amount ; but power is given by the Charter to increase the
Capital, if necessary, by the issue of new Shares, to se2CO,OOO.
A Copy of the Royal Charter may be seen, Prospectuses
°Wined, and applications for Shares made at the Office of
ROBERT N. DALE,
Hargraves'-buildings, Liverpool,
Firs, Life, and Marine Insurance Agent,