THE MIDLAND RAILWAY.

Inangahua Times, Volume XI, Issue 1741, 9 August 1886, Page 2

THE MIDLAND RAILWAY.

The London correspondent of the Auckland Herald writes : — Sir Dillou Bi'll has made it a condition to the signing of tht* con tract which lias just been entered into with the Midland Railway, better Known as the Easfc and West Coast Kail way, that fi<" ;-"ipit:v slinnlil en tor into a

over the New Zeal.-nvl -oiicorn, under the operation ai N<»n- Zealand law, and also that the company ahonid enter into an agreement direct with the Government for the working oftbd line. New Zealand colonists at Home are watching with sympathetic amusement the extraordinary excitement aronvd in southern parts of the colony by the floating of the New Zealand Midland Railway Company. The whole of the share capital of £230,000 has been Bal>scribed and allotted. The shares are tinnly held, and though nnmerons inquiries an- being made for them, there are none available for sale. Two pounds have already l>eeu paid upon the £10 shares, and a quotation will shortly 1»« applied for on the Sto*k Exchange. Messrs Corrnthers and Wilson will be Ihe engineers of the company, and a member of the firm will go oat to Now Zealand when the work has progressed to some, extent. A contract for the first thirty miles of the line has lieen practically concluded, hut not yet sigued. Messrs M'Koone and Robinson, of 5, Westminster Chamitf'i'S, >«Mn% -tbe t»f ipiwiit* of the same. The*? tire a firm of eminent railway contractors who h:ive dotm a good deal of work in Sweden, Norway Germany, and on the Continent generally, and they are now completing some extensive contracts in Ireland. They are a we!! known and respected ili in. anil have the reputation of al way* finishing thoir work tip to time. They j are now revising the specifications t preparatory to finally concluding the 1 contract.