The Express.
London, England, 1864-04-11 00:00:00

TRo?PECITS.

This Company is based upon existing institutions on the Con-
tinent, wi ich have been already neared with signal me.,
The founders of the International Lund Credit Company have
previously estallished:
In Beleium. La Banque Hypothecalre Be and La Banque
de Credit-Fowler et Indastriel (the Belgian igeMortgage Bank, and
the Bank of ludsstri and Land Credit,.
In Holland. TA Banque Hypotheoldre Neerlandafse (the
Netherlands Mongers Bank).
In Alums, the Vindoboa• Mortgage Aisuraoce Cosigany.
They have all proipered. The success they have met with In
established by authentic denunents. It mar be said, without
exaggeration. that the results are brilliant, for these companies
have prodii,ed to their shareholders au average dividend of )M
per cent., and some of them much more.
The experience acquired by the working of these companies
has led to the conclusion that, in order to Five full development
to the principled which have proved so successful, It Is delirable
to found a central Company of au International character, the
main function of which should he, to raise capital by the Issue
of bonds and •• letters de gage,' In the great mousy marke:s of
. to he employed through nesoeleted local companied In
purchases of land. or loans upon real property, In countries
where...the rate of Interest ii high.
. . . .

que B hecairs lklge, acting on this principle, and
established nearly three years ago. has. with a nominal capital
of 4464,000 only, succeeded In placing on the Belgian market
alone such an amount of lettres de gags" that its shares with
as N. 1.1 hare risen to and maintained tMmdres at gl&
The capital raised in Belgians at 4 ands 6 per cent., has been
emploied principally In Austria, through la Basque de Credit
Fonder et Industrie", which has a breach at Vienna compleedy
organized, with a staff thoroughly versed In Austrian affairs;
and it Is shown by the books of the Company, that of all Ita
operations of purchase and sale In Austria, not one has realised
less than 20 per cent., alter deducting all expenses, while gene
rally they have reached 26 per cent.
Cookgn, beiug the result of Companies limited to the Belgian
lunacy market for raising capital, It is evident that still greater
manna may be obtained by forming an International Company.
with a share capital large enough to facilitate the placing of
bonds and lettres de gage" on the money market& of England,
France, Holland. and Germany, ma well as of Belgium.
Aecordlngly the present Company has been founded, under the
English law of Limited Liability, and with an office and direc-
tion in London so well aa at Brussels : arrangements have been
made with the Banque Hypoth•caire Belize for • complete fusion.
while • treaty has been concluded with the Banque de Credit
Yonder rt Industrlel, which ensures the lament of their expe-
rience. and 6 large F.lpropt!hle busing!, trout the commence.

ment,'a minimum dividend of 11 per cent on the paid up share
capital beim: secured in any event, as the result of the lint
year's working.
It Is also proposed to enter Into an arrangement with the
Visdobons. This society, which has existed at Vienna for eve
years, and has a capital of 10000,000 florins, guarantees the re.
geiltrilimeat of interest upon mortgage debts, as wee as the
Ai:Mei when tine. By title mean', all the business dose in
uwill be rendered perfectly secure.
The l'indoboua is in the most Counthing state. It Ins paid
the Oral year 0 per cent., the second 12 per rent., the third 13
per cent., and at the next meeting it L expected will distribute
23 per cent. Particular attention is called to this point. This
guarantee is one of the features which essentially distinguishes
this Company from ether land credit companies.
Bie pounds £0; per stare will be called In the course of the
present year, includes of the payment of LI each on aPPlintkfft
and allotment after which It Is not expected that any further
calls whatever will be made. The share apish paid up 1011
thus be £1,a00,000 and the profit secured for the Ant year
under the above arrangements will be still further Increased as
additional capital is raised from year to year by the isms of
bonds and " lettres de gage,- awl as the securlths of the Corn-
' pan) become naturalised on the chief money markets of Europe.
Of the amount of £6,000,000 capital now lamed, £3,000,000 in
220,000 shares have been taken and paid upon on the continent.
and 00,050 shaves are reserved for England. of which 15.000 are
already subscribed. and 33,000 are offered to the public by sub-
seription at the General Credit and Mance Company of Loudon
(Lhnited.)be
T Articlev of Association of the Company, duly registered in
Loudon on 11th PM:weary last. under the Act of 1862, lie at the
offices of the Solicitors, where they may be perused.

FORM
.07. APVICATIN P0.11.6111.1tri.

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To the Directors of the International Land Credit Company
6entlemen,—Having paid In to your bankers the sum of
I request that you will 4110 t me shares In the International
Land Credit Company and I hereby agree to accept
the same or any law number that may be allotted to me. and to
pay the calls In respect of the sham so allotted when due and
I authorise you to place m name on the register of members
for the number of shares allotted.
I am, Gentlemen, your obedient servant,
Nome in full -
Proteadon or tetapatioa
Address
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