The Express.
London, England, 1864-09-13 00:00:00

TEES CREDIT FONCIER and MOBILIER
of ENGLAND ilAmited).
Capital. Two MUlions,
Ia 100,000. thatas of ttO acb
.

of which 80.000 shares win be limed tothe shareholders of the
Credit Fonder k Limited) and the Credit MobUler
and 90,000 Mane will he issued to the public.
es per share, or e:500,000, will be called up. No further call to
contemplated. The reserve fond will amount to LtBo,ooo.

DOtliefOid
The Right Hon. 'ARLO STUART WORTLEY, Governor.
J kMES LEVICK, Pao., Merchant, King's Arms-
MFH
Dep
JA NUGENT DANIBLL, Rag., Chairman of Governorsuty .
the Alliance Bank (LAmited;,
Jame Cdld,, Fag., London.
Alexander Dunbar, Esq., Old &vedette* London.
Charles Ulf& EAq , Lloyd's.
Adolphe Hakim, TN. Means. Pinto, Hakim Brothen,
London.
The Hon. T. C. Hailburton, M.P., Chairman of the Canada
Agency Association, London.
Wm. Harrison, Esq. (Messrs, Young, Harrison. and Bevan),
Director of the Thames and Mersey Insurance Company.
Richard Stuart Lane, Esq. (Messrs. Lane, Hankey. and Co.),
London.
Chairs E. Newbon, Esq., London.
Henry Pownall, Esq., J P., Russell-square, London.
Joseph Hach:rill Smith, Esq. (J. Mackrill Smith and Co.). Old
Unxidetreet, London.
Edward Warner, ForL, M.P., London.
An Wntmorland, ;Director of the Royal IneiraillOe COM•
pan', London.
Alhert Grant, Eaq., Managing Director.

_
BANNSia.
The aura and Xasterinan's Bank ,Litaited'.
Messrs. Smith, Payne, and &DAM.
The Bank of London.
The alliance Bank 7..bialted), London, (Liverpool. land Man-
chester.
The National Bank, London, Dublin, and Its branches In Ireland.
The National Book of Scosland, Edinburgh, and he branches in
Svtland.
60..icrroas—Messra Newbon, Bans, and Co., Nicholas-lank LC.

120
Weeds. Laurence, Son, and Pearcelo,s., nothbarr. LC.
Messrs. Field, Son. and Wood, 9, Warnford-conn, Throgroortoa-
street, LC.
Messrs. Robins sad Barber, 29, Threadneedledtreet, LC.
Ware. Tod osnial
and ka
Ohtoo, ad Penny, unrpooL
Ilssan. Shore sad link, Mancha's.
sicarray ,pro tem.,—Alfred Lowe, Beg.
Temporae Loottardatreet, C.

YROSPSCTI3I.
This Company la an extension of the Credit Fonder [Limited)
and of the Credit Wobllier (Limited), which were elialted,
the former for financial business In connection 'with land, the
lstter for general financial operations.
The unexampled success achieved by those mamma. woes
rcpmts, nut published, show the amount of net profita, upon •
pald.up capital amounting Jointly to 4100,000, to be at the rate
of upwards of 190 per cent per ananat and who have each de-
clared a dividend and bonus of 42 per share on to paid for leas
than six months' 'working, besides carrying 640,000 to the re-
serve fund, and the emarmous swanks at business of both own.
pante, renders It absolutely essential to Increase the capital, and
thus enlarge the beats of their operations.
With this view g has been determined to found the present
powerful Institution, which will absorb the two companies, and
will take over the whole of their amen, Including their united
reser,e fund, amounting to 640,000, and will also of coarse
assume their engagements, sad the Directors behove that the
ineriaiet papas the issue of sew capital will place in their
b! 12
Aueen & aillPaX thellelo effect even greater results than have
al eved.
Ille Lila button of the sh;r4 will be made In the following
memo; by which it will be senn'esat a liberal proportion has
bees appropriated for allotment sabom the Reneraipublic.
10,100 Shares will be tuned to the diseilialders of the Credit
Fonder (Limited) at par, in enigmas. for the like
number of shares now held by them.
30,000 Shares will at their option; 'be allotted to the share-
holders of the Credit Fonder ;Limited) being at the
rate of three new shares for each share held la that
Company', which:will be issued la follows, vit :—Two
of such 'hares Min premium of 41 134. 4d. per share,
and for every two shares so takes ens additional share
at per.
...

10,000 Sires will be issued to the shareholders of the Credit
Mobiller (limited, at par, In exchange for the like num-
ber of shares In that Compsay now held by them.
10,000 Shares will be allotted pa their option)) to the share..
holders of the Credit lrobitior (Limited) (helm[ at the
rate of three sew shares for each share het_ in that
grisianyaLs.whicit‘t:lll be Issnedof aterlowzi 111.9., --Two
and for every two shares so token one additional share
at par.
V. 1,000 Shares will be issued to the public at a premium of
as Iga, ed. per share.

- -
total e premiums on the above mentioned shove will
amount to £160.000, which, with the sum of £40,000. the amount
of the reserve funds of the Credit Fonder i Limited`, and of the
Credit Manner (Laited), will be carried to the reserve fund of
the amalgamated Company, which will then amount to £20e.000.
The amount to be called up, eh.. GS per share on the atone
issued at a premium, together with the £2 130, 4d. per share
premium thereon, to be paid hg the following instalmenti :
On application 11 per &are, to be carried to capital account.
On allotment, 10. per share, of which It to be doted to capi-
tal account and el to be carried to premium account.
10th December, £1 lea 4d. per there to be carried to premium
account.
10th February, 180, £1 10e. per awe to be carried to capital
account.

10th April, 1905. £1 10s. per share to be carried to capital
000nnt.

The mount to be called up, via, rd per share on the shares
issued at per, to be paid ea follows, via :
app,- l
itL er share oe diamete XllBr share
lOth February', 1E44 1 10a. per share , 10th A. t, Li 10s.
per share—which CU be caned to capital account
Bet as an the norm sill participate in the nest dividend
declared, pro rate, according to the amount paid up, the valuable
option hem been reserved, enabling all alimes to pay up the
instalments immediately on mllotreent, or at any date in advance
of their being dne, up to Alper shire.
The total amount of pelfdtp capital will be £500,009, and the
reserve fund will amount to £200,000.
The !Moving le a comparative statement of the Palisaded
value of the undermentioned shares ma represented by the
carnet pekes on the Stock Exchange, vii :