The Express.
London, England, 1864-06-30 00:00:00

DIMWIT WHIN AID WHEIBPATABLZ.

Warrants I:7;eouponsioThe Inc. d 0 b attached to each
debenture, ppable quarterly, via, ea let October, IA January,
la ADM and let Jaly in each yarar. The coupons will be pay-
able at the Armand llaatercuares Meek (United!, Nicholas-lime.

113CIIIIIT.

By the specific terms of ti•TeFei;otares they will be a first
thorns on the whole of the undermentioned properties of the
Company. the Company reserving to themselves full powers of
leasing and management In such Minuet as they may think
beneficiel

-rilse Freehold Precalaes, 25, 21*. 51. 27, I. Clamearalans,
Lembard-street, with No 9, le, and 11, in Negalead-court. and
11.1. and 6, Chnrcheourt the whole will form • megaliccot
Moak of now premises.
2. The well known leasehold block of New Mom, situated
27, Lesdenhallatreet, sad extending back to Lime-street.equare
It has been erected wlthin the last three yews, from the designs
of John Whichcord. Req., and contains 110 IBM-close aka.
with 4 shops . has fireproof corridors and stone staircases, and
possesses the most tnakra imisrovensenta. The Inas la fur Pi
7eare, at a ground rent of £734 per manta.
S. The handsome edinoes erected within the last seven years,
from designs by John Barnett, Say.. architect. for WOW% John
Sari and Sons. and sainted 17 and IS, Corshol, directly opposite
I the Bank of Ragland. These premises are leasehold, held for 60
years. at a grounxi. milt of 410.0yer.anz!um.

4. The new and snbetantial block of Macau situated No. 11:1,
Gnat Toweretreet. sear Mark-lace, erected within the Ism
three years, and built to tha most substantial manner. Ills
iteehpld, and cotattlas 65 of Welds vaults.

S- It Woo of the lamas biwks to tits City. and is situate In
Bishopegsteetreet Within, oppoeite Rt. fleiminplam. and In
the centre adjoins Gresham-house : this property, when covered,
oomprue the largest and most coavedently arranged dices
In tha City. It is lessiehold for 911 years, at a groand rent of
44,000 par easy?, . .

ii-tabops ihie-16;
eehtatet ,td at -pert, adfotalag the above pregarty be
eate- Wkhla.

'ALCM OP SICTIUTEMO
She whole of the properties, Yoe. 1, I, S. 4, end S. to-
forequentiooed, hare been purchased by the City
°dices Company !Limited', for the suet of £785,000
La additiontowh.l they have Wee acquired No. •

(and some other intereses`, say
Increased nine by an estimated outlay for net
buildings in wane of erselkes ea aliae Nos 1.
and 6, and altendions to No. 3

44,97.000
to which add for additional ooatlngeot outlay, my.. 13.000

liaaltar a total d.

5.1300,000

Of this 111;iii09.900beso;tintTAT.eriiieaon mortgage
debentures, the remaining 4200.^00 being provided by the City
Mess Company out of share capital.
TM triale of the properties ars adapted, and
Ist or to be letter mercantile and banking
Mike; dr, and the trees income. in-
cluding the rentals of the new buildings In
coarse of erection, is estimated at 459,000 per annum.
Deduct for ground rents and making fund 'on
beenebuld portion,, insuranoe, &0,, my 13,000

Leavieg LAM per ammo
Available as security for the Interest re-
quired on the f 305,000 debentam to be
tamed the ateouut of interest so required
at 5 per cent. is 15,000 „

[oaring a surplus hseome available for divi-
dend ou the L 200.000 share capital of ... 1.31,001
OtTAXANTRZ OP CAPITLL AND 1111111 LINT.

In addition to the above.mentioned properties. and this ample
surplus, both In value and income, and the covenant ender meal
In each debenture by the City Mies Company +Limited, to duly
pay both principal and Interest which covenant is secured by Its
kris uncelled capital', the punctual payment of these deben-
tures will be further secured by the guarantee of the Credit
Yonder Limited and also of the Credit llobilier
eadoreed under their corporate seal on each debenture.

These Debentures will be transferable In the aanss manner as
railway debentom Ay simple transfer form.