The Press.
London, England, 1856-01-05 00:00:00

THE PRESS.

frilE LONDON AUXILIARY SCREW-SHIP
COMPANY (LIMITED).
Provisionally Registered. Capital 200,0001. (to be increased
as required), in 10,001) Shores of 201. each. Registered under
the Limited Liability Act, 1853.

TRUSTEE.

John Griffith Filth, (Vice-Chairman of the 'LIAM' London)

DIRECTORS.
Captain the Hon. H. A. MURRAY, R.N., Chairman, Albany,
Piccadilly
Charles Joyce, Req., Ci, Moorgate-street

, .
J. W. Larking, Esq., Milton-place, Chertsey
Ueorge Peter Lascaridi, Esq., 32, thicklersbury
Sir Henry Muggeridge, Alderman, St. Andrew's-hill, City ; and
Streatham-common

ROl;eWit;urburn,l,;eq , Alexandria, Egypt; and Oriental Club,
Hanorerloguare

AGENTS.

Manchester and Liverpool Messrs. Laacaridi and Co.
Glasgow
Bristol, Cardiff. and Newport. Mr. C. Cairns, merchant, Newport
Nes castle-on-Tyne Messrs' Stephenson, Vermehren,
~. ..

and Scott
Hull Messrs. Wilkinson and Ingicby
Sunderland
Eastern Counties Ports Mr. A. H. Gower, Ipswich
Southampton .. Mr. Jas. Gale, 3, Canute road
Docks
Dover Mr. S. M. Latham
CONSULTING ENGINEER.

A. H. Renton, Esq., Hanover-chambers, Buckingham•street,
Adelpht
Somerron —Charles Shepheard, Esq., 24, Moorgate-strect
AUDITORS.
Benjamin Scott, Esq. (Secretary, Bank of London)
John Lyon, Esq., late Cashier to the Great Industrial Exhibition
of Dal

BANKERS.
The Bank of Loudon, Threadneedle-street, London
The Royal Bank, Liverpool
SuAnEnrtost;a—F. Govett, Esq., 13, Angel-court, Throgmorton-

street
SICCRETARY—John tiowden.lq.
TEMPORARY Orrtcss-66, CANNON-STREET.

The importance of our rapidly increasing trade, both forebit
and colonial, renders it absolutely necessary that the transit of
passengers and merchandise should be conducted with rapidity,
regularity, and economy. Any enterprise combining these ad-
vantages cannot fail in securing a profitable remuneration.
This Company, availing itself of all the advantages science
has discovered in the navigation of vessels, propose building a
fleet of iron clipper vessels, tilted with that powerful auxiliary
the screw propellor, so that their progress will never be delayed
by calms or adverse winds.
The rapidity and regularity of these vessels materially reduce
the expense, whilst their annual earnings are larger from the
greater number of voyages performed, and consequently the in-
creased amount of tonnage conveyed.
It is a well ascertained fact that vessels properly fitted with
screw propellers of proportionate power to their tonnage make
at least three voyages in the time that similar vessels without
this auxiliary accomplish one voyage.
The great success obtained by all the steam navigation com•
panies having sufficient capital, and conducted upon sound
mercantile principles, proves that large and safe profits can be
secured by those embarking in this enterprise.
The Directors do not contemplate confining their ships to any
specific line, but will seek to employ them from time to time on
the stations most likely to afford profitable employment for their
tonnage.
It will be a peculiar feature of this Company that the Direc-
tors, being mostly engaged in mercantile pursuits, will have it in
their power to contribute largely to the employment of the
Company's vessels.
The Directors, with a view of commencing active operations
as quickly as possible, have already entered into conditional ar-
rangements for the building of two superior vessels, thereby
preventing the delay which has proved so injurious in the early
stages of several companies.
The responsibility of each Shareholder Is limited by Actor Par-
liament to the extent of his shares; and, to p•event incotive-
nienee to the Stetrelioldcrs front irregular and uncertain calls,
the Directors have deter ttt i t tell that the payments on shares be
made as follows :—A deposit of 41. per share upon albtment, as
prescribed by Act of Parliament, and the remainder in eight
calls of 21. euch,payable at intervals of not less than two months
between each call.

Applications fur Shares to be made at the Company's tem•
porary (Juices, Gq, Crnnou•streot, London; to Mr. Govett,
sharebruker ; or to any of the Company's Agents.