The Express.
London, England, 1864-04-27 00:00:00

THE HUMBER IRON-WORKS and SHIP-
BUILDING COMPANY (Welted).
node, the Companies Act, IBM
The Nereant ibmrtrertdlit Association (Limited) and the Credit
Mobiller (Wilted) are prepared to receive tap
for the
capital of the 'lumber Iron-Works and Ship-Building Company.
Capital A 10.411000, in 20,004 shares of R. 60 each, of which 10,000
have been already subecribed.
Deposit as application g 1 per share, end £0 on allotment. No
future cell to exceed Li per share, and at intervals of net hem
Wan three menthe.
It Is not contemplated to call up more than £l2los. per share :
say further capital that may be required will be raised by the
issue of new sham a preference being given to the holders of
existing shame

E. W. WATILIN, lip., Director ofthe Great Western Raley
Oompony. a Pres Mon of the Grand husk Hallway Can-
gamy of Canada—Chairman.
D. J. Baas, lisq. (haw Creased, and Ca), Great Winchester-
street.
H. H. IYAvigder, 11w., tipper Harleyetreet.
Captain Hulk C. 8., Austin Grange, Dorking.
John lannaden. Dm., Mayor of Hall (Browolow,l.llZialink and
Co.), shipowners Hull
CsgraJ. Marryst (Joseph Mama and Boos), Laurence
ntney• IL
lane.
W. L. Merry, Esq., Director of the Masantile awl ltubastba
Bank iLlenitedj.
J. Morrish, req.. Director of the Metropolitan and Provindal
Bank !!heated).
W. H. Moan, Od.. Alderwum. Holt
Christoghwdlapaon, Lq., Director of the Hull Dock Company,
Hell
11. Month, bw. Wei*, Barg sad Om). Loodialoll-stweb
Julius B. Thompson. !lens' H. Thomism sad Co. Lip
°e Hers,) lesdenhall
lbabaewas Bgangsem. Iswebbsaw 111.111
011111191161101 linnillnno—asair Hinton IMAM, a 0... Dais-
Wrest. wieloplar.
001111iLTDIO MAIM bourns - Charles Athsetion,le9., MOO-
ball, late thief lagiaan r lisbakbookbard. Woolwich.

1131.1%5.

Bt ak of London.
Metropolitan end Provincial Bank (Limited).
Morcso.tdle and Ischange Yank 'Limits*, London, Liverpool,
and Glasgow.
Messrs BSittniel Smith, Biotbon and Co, Mail
80 lorroan—ideoars„ Edwards and Co., Westminster.
Bauaras—Alesara. Robins and Kerber, Threadneedle•>treet.
Temporary glees—At the once. of the Mercantile Credit Mso-
ciatioe (Limited), 21, 1 kroadneedheetreet ; and the Credit
Nolan/ (Linaltad), tu, Lombard-Week
SECANZAJti UM) tent) —Arthur Donor, req.

The Company has been farmed purehasing and extending
the well-known Hon Shipbuilding establishment of Meseta
Martin Semite/son and Company, of Hull. The capaollities of
these works are unsurpassed by any In the kingdom they
occupy 11 scree of trotted, with water tentage to the river Hum-
ber and river Hall, having a depth of water of 30 feet
The present iron ship-building power of the establishment H
equal to the cosietracileu of 20,000 tows per annum, at which
rate the works are now beteg earned on. Messrs. Samuelson
and Company have orders on hand for ships exceeding Mot*
tons . other large orders are offered, sad it is propased to tans
11 acres at laud adjoining the present yard, and which Mesas.
Samuelson and Company have secured, so as to extend the worts
to meet the large daily Increasing profitable demand for ships.
and to erect rolling mills for the manufacture of the tree re-
quired for ship-buig, as well as for all kinds of railway and
enateeerina work.
. . . .

In addition to the engineering worts, foundry, and ship-
building yards, there is a patent slip for repairing ships of the
largest clam t this is a highly profitable part of the business.
The d mend for the sae of this patent slip his bees sack that It
has never been unemployed since limes. Samuelson and Com-
pany construced It at a cunederable cost some yean ago.
The situation of this establishment gives It special advantage.
over others of a lake character. The price of ship-building labour
Is lower at Hull than In any of the iron ship-bulleug of
the kingdom It is the great Iron iludrict of Yorkshire,coal
Is cheap railways run Into the works, and connect them with
all parte of itnaland. }Might' are very moderate from Hull,
and the large timber trade of Hull offers advantages for the pur-
chime of the timber, which Is used in large quantitate, on highly
advantageous condition&
Two thousand workmen are now employed at the works.
The pi remit milers in band fur ship., engines, and general
engineering murk, amount to above .140.1.004), all at very remu-
nerative prices.. . . . .

-11.epOirs;nade by some of the moat eminent engineers who
have exallosed the works, and who are specially au unstated
with this branch of manufacture, show that stir making large
allowances .30 per cent.l oil the capabilities of the works, the
trade will. with the Judicious management and employment of
the capital, Mara a dividend of Sti per cent. sad upwards to
the she+ elvaidera, sad if the works continue to be fully emploaed,
a much larger amount.
The terms of porches* are highly admin:tageoue : the plant
and machinery buildings, freehold and lemehold premise', to-
gether with all the stock of n aterials, are to be taken at the
valuation of two engineers, one named by the Company sad the
nth rby the vendors, with an umpire in the usual way. The
goodwill of the business, inc.udlng the prod on works to hand,
is to be paid for at one year's purchase of the net profit', but on
so average of three 'ears working.
Jo the event of no abotamat being made, the deposits will be
returned iu full. Should a less Dumber of shares be allotted
than is applied for, the deposit will he made available towards
the payment on allotment, and the Wanes 41 say) retuned So
the applicant.
Prospectuses and Forms of Application for Shame may ba
obtained at the Tempo. any Offices of the Company, M. Thread-
nee.tle-street, and co, Lombard-et:mit, and of the broken and the
Minton.
April, la6a.

FORM OP •PPLICAIIOII roa MAUL
No. To be retained by the Bankers.
To the Directors of the Humber trimmed's and Shipbuilding
Cos Pliny flanked).
Gentlemen.—Haring paid to your banker,,
the sum of L bring • deposit of Ll per share
on shares in the above Company. I hereby
rennet that you will allot me that number, end 1 agree to among
such shares, or say less number you may allot to me, and
1
. I. 1.0 the deposit on allotment, and to alga the articles
of ...eation of the Camplay when required . and I antigen'
you 1.. inert my 7 name oa she register of members for the 'num-
ber of nuke@ alletW to me.
Usual signature.
Name In full
Beaidence
Prof melon
Date April INK