The Express.
London, England, 1864-02-25 00:00:00

NEW COMPANIES.

!levers! new companies, some of them organised
upon a ecee of considerable magnitude, bare
been announced. One is the Imperial Financial
Company (Limited). This undertaking
.possesses
a very respectable board, comprising the
undermentioned names :—Mr. John Chapman,
Director of the Union Bank of London ;
Mr. John Oliver Hanson, Director of the
National Provincial Bank of England ; Captain
J. Gilbert Johnston, Director of the London and
South Western Railway Company ; Mr. Charles
Kelson, Deputy Chairman of the Thames and
Mersey Marine Insurance Company •, Mr. George
Gordon Macpherson, Chairman of the Agra and
United Service Batk ; Sir John Henry Pelly,
Bart., Deputy Governor of the Royal Exchange
Assurance Corporation ; Mr. William Schole-
held, M.P., Director of the Union Bank of London;
Sir Sibbald David Scott, Bart., Director of the
National Provincial Bank of England ; and Mr.
Henry D. Seymour, M.P. The brokers areMesers.
Knight, Coleman, and Co. The prospectus is brief,
tad states merely that the directors have satisfied
themselves that an ample field remains "in Eng-
land, abroad, and especially in India," for the
operations of a company contemplating the same ob-
jecta as those which have been so successfully carried
out by other financial associations during the last
eight or nine months. The directoril state that they
are fully impressed with the necessity of vigilance
and caution in the selection of their business." The
capital is 2,000,000!., in 40,000 shares of 50!. each,
with a first issue of 0,000 shares.
The London Financial Association (Limited) have
issued the prospectus of the Gellivara Company
(Limited), for the capital of which, consisting of
500,000!. in 10,000 shares of 50!. each, they invite
applications. In this instance, also, the board is
respectable, being composed as follows :—Mr. E. P.
Alderson, of Old Broad-street ; Mr. Thomas Bras-
sey, jun. ' • Mr. Charles Cammell, of Sheffield and
London • Mr. W. K. Gladstone, of Old Broad-
street ; Dir. J. H. Johnson, Director of the English
and Swedish Bank ; Mr. George Payne Kitsou, of
King's Arms-yard ; Mr. V. Kjellberg, of Stockholm ;
and Mr. Hugh C. Smith, of llelgrave-square. The
brokers are Mews. Mnllens, Marshall, and Daniell,
and Messrs. Laurence, Son, and Pearce. The object
is to purchase the Gellivara estates, comprising a
very extensive tract, in Sweden, possessed of large
resources, both as regards mince, forests, and
agriculture. An essential condition of the success of
the undertaking will consist in economising the
means of transport, by the construction of a railway
and canals. It is mentioned that, " The entire
cost of the railway, including rolling stock, and of
the two canals, will not exceed 232,0001. ; and to-
wards this the Swedish government and Diet have
granted a subvention to the amount of 850,000 rix
dollars, or about 48,000/." The pnrobas•-money
of the whole of the estates is 225,0001. One of the
stipulations in the agreement is to the effect that,
During the first three years required for the full develop-
meat of the propmty the veodors guarantee that the
inOOCIO on the pald•rip a pital shall amount to at least 6 per
coat. per mum, payable halfiearly, and they have bound
themselves to maks up any deficiency in such amouste ; u
security for the due fulfilment of this guarantee the Tendon
leave in the hands of the company 50,000 i. of the purchase-
money, which, together with the profile of the wood
Waimea, forms ea ample guarantee fund.

The Oriental Commercial Company (Limited)
have notified that they are prepared to receive sub-
scriptions for the capital of the Lisbon Oil Mills
Company (Limited). It is intended to purchase
and develop an established oil factory at Lisbon on
the banks of the Tagus. The factory possesses
already a steam plant, and amongst its vant.ges
is the possession of ample wharfage room. The
capital is 100,0001., in 10,000 shares of 101. each,
of which 6,000 shares are to form the first issue •
but it is • satisfactory feature that the purchase:
money for the plant, business, and estate is to con-
sist chiefly in shares ; consequently the number
now offered for allotment amongst the public is
only 2,400 shares. It is stated that " from the
previous working of this business in private hands
a clear revenue of considerably more than 30 per
cent. has been derived."

The prospectus of the General International
Agency Company (Limited) has also been issued.
The objects are stated to be to establish between
England and France an international system of ;
" commercial agency and financial credit," so as to
afford increased facilities fur exchanging the manu-
factures and products of the two countries under
the recent treaty of commerce. The company will
undertake, amongst other transactions, the dis-
count of dock warrants and the sale of goods repre-
sented by them ; the opening of current accounts
with manufacturers and merchants in England,
France, and other countries ; the buying on com-
mission for account of its customers ; the making
of advances upou goods consigned to it pending
their sale by the company, and also the establish-
ment of periodical public sales in England and
France. It is also intended to famiharise the
mercantile classes in France with the warehousing
system of England. The capita proposed is
500,0001., in shares of 101. each. It is mentioned
that applications have already been received for
upwards of one belt of the first issue, which is to
consist of 25,000 shares.

THE GREAT EASTERN RAILWAY EXTENSION.--
OnTuesday a meeting of the priori* inhabitants of Shore-
ditch, Norton lo!gate, and Bishopegate was held at the
Unicorn Tavern. Shoreditch, for coosiderieg whet steps
could be adopted to oppose the projected Great Eastern
Railway extrusion to Wormwood-street. Jeremiah Mr.
Long. representative of Shoreditch at the Metropolitan
Board, occupied the chair, and resolutions were adopted by
which the meeting pledged itself to exert its utmost to op-
pose the scheme, which was denounced as an illcenceived
aid objectionable project, as it would remove the terminus
from a broad and open thoroughfare, which the proposed
Pew street shortly to be made by the Metropolitan Board
will place in easy communication with every part of the
metropolis, to one of the most cramped and over-crowded
districts of the City, as objection forcibly pointed out by
Colooel Tolland in his report to the Board of Trade. Peti-
tions were agreed upon, a subecnption bat opened, and a
committee appointed to watch and oppose the bill at every
•
SoUTtiarsYroe poet,: CintraNV.—The ordinary
ball-yearly meeting of this cowpony was held yesterday at
the office, 19, Bishopsgate•strset Within ; Goland E. P.
Barlow is the chair. The chairman, in moving the adoption
of the report, entered into an explanation of the law
charges contained in the accounts. The sum of 3317. bad
been exceeded in opposing bills affecting the interests of
the company, and 10:11. had been paid to compromise
as action brought by a lady who h►d received injury in the
docks. The sum of WV. had been paid for renewal of the
south platform. All the ordinary expenses had been
charged against current review', and the extraordieary
expenses bad been covered by the surplus, carried over,
without interfering with the sum applicable for dividend.
A shareholder complained of the expenses of the company,
which were Masoning, whilst the receipts wars not COMO-
poodinly ealarged. A long discuseloo ensued upon the
amend affairs of the company, but ultimately the report
was adopted. Mears. J. W. Forbes, G. Bummed, F. Le
Briton, and J. P. Woodhouse, the retiring directors, were
then re-elected.

MORE THAN IV= AND lINITIN THAN irTlelt. -Tllii
applies to the lamest and best stock of spring and summer
patterns ewer submitted for publii: approval. The norld.famed
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—(AdvertAmmeaLl