The Express.
London, England, 1863-11-04 00:00:00

TIM NATIONAL atria NAVIGATION
CIIMPANY (ittnited).
ender Cosepentes Act, ISM," by which the
Ilalinc="ofd each sinineholder is bunted to the amount of hie
shares.
Capital, £2,000,000. in 40,000 Shares of £lOO each,
with power to increase.
Depositshave:
after allotment, a Bret Call of ES nett Mere will be made
subsequent Cells are not toemeed AS per share, and are uoi to
be made at intervals of lam than three months from the date
of prior calls.
lila not at present proposed to call op more than 2,50 per share.
. . .

Thomsa Chilton, Eaq. tloliernesiand Chilton), Liverpool, Chair.
man of the Shipowners' Aseociatioo.
Bobcat Mom. Eaq. (Mom, Davidson, and Co.), Liverpool,
Director of the National Bank of LiverpooL
William James Bernie, Eaq. (Ferrite Brothers and Co.), Liverpool,
Director of the British and American Exchange Bank's, Corps.
ration.

TiO7nsarpod. Bernard Ounaton. Esq (Gunton, Wilson, and Co.),
Llve
Edwin Haigh. W. (Thomas Heigh and Oa), Li
Edward Lawreoce, Iraq. (Edward Lewrenoe =sal, Liver-
=Erector of the British and Foreign Marine Insurance
KAM Leiria, Esq., M.P., Director of the National Bank,
Joseph Neale Wtenna, Fan. (Direcior at Use National Bank),
Londea.
Robert Maxwell, lan. (A. F. and Z. Maxwell), Liverpool, Di.
teeter at the North British and Mercantile Insurance Na

Pay.
Ladle, Mateolmeon, Esq. (J. and D. Malcolm= and Co.).
LtrerpooL
Thom= Wilkinson Tetley, Esq. ( Hollinshead, Tetley, and Co.)
IlagiAtborne. Hen. (llsborne sad Sok, London, Director of the
Bank.
Barn Threlfall Req. (I. T. Wilson and Chambers),
Liverpool, Deputy-Chairman of the British and Foreign Marine
Insurance Comae,.
BASCOM
London—The Nallearl Noels, Odd Broadatreet.
Ireland—The Branches of the National Bank.
. Maadieniet—The Bank of Wand.
Liviugoo.—The Nailacel 11.91 itvippoL
14axaad J. Wbitelaisd, 0. Moorgete-rEreet•
Timm Wrote, Zip., 6 Stazap-olawboThliago.
Crowing.
Ltraepool—Thours Thisy end Sons, 44, Brotries-bitildinge.
Del4ls—lidward Jon, Req., 61, Dame street.
lOLICITOLI.
_ _ _

in=tlLondon—lbig and es. M Trii9,
' Liverpool—Metre? end Han. A
SUPIIIINTUNDnonIinntIIZZLAIIDNAVAL Asciarmon—JelmJardem
Ilm. (lete Chief dyesto the Underwriters' itegielry of bon
eighth
lIIKIIIMILIT—J h , Ley,
Thsgerery Othece—loados : 21 onatreet Liverpool:
Comismedalholidin , ater•sitreal
N othing ha bona more eewrtnDle to conned"! with the pro-
gress of Lane:whirs than the rapid extenelen of the of.. trek
of Lbterpool Is the pear that, the image of tenths Stamen
entered inwarde at the thistom4oule was 188 I 5 tone, while In
MI 4 wee 606,319; width. la the year fading heter. MUM
Into 766,4110 lona
In the earner &pie dean and before the recent improve-
made for the ad heel bM been Interdtmed, ethemere
1 eedd
hes
be. mployed admienneemly for the cargiag of math
aided permapere : bat Ishlastroterhei to the lie=e=icit
sate en e, ecgiatcommy d Peel med epees
thereby greatly roluelag the market tenaas ; end mew
element bare not sty been odfn an the seer %%dee for
Ale commas of peed,,wfth lathe profit to Wee WIFEIWII, bat
. thg to dm advani thke thry afford to eldpipme, they
lava le th iem arlea Omen mangy dlimieted mash.
Virt:ll PI goods lumber
4::::k
Per mmeL=gbeiverrev=ilaile out ot Mr been
inclithey
=72lthe Antaima,:d 4
wg.teriewroitw
bare tans thalted_olog,,,, oriaLl4 of toe
asodr
of mill elamege pagengera beteg AM conveyed by
Is impeetthil lassekes et the Americas Jogai irsda vls.,
.10102 dam.. Ilarketed the toes easaally onsteinad
Wirgdernig the tagsestly mole by
emele to me thth Om ot di mega la them
ate be Maser stay selearstor lie erlindem
1118.ffm Wed I. iodate mth tee t, end urn own no
came bat the atria gar astimesaleade thawa
1 "Mob In Limited shoe enmeele mineisb We. wtta
tali catirely into the hem% et it... cempratim
Me Ora ogee* od the Oempeeq fle eh= teas Wow York
1 tattoo • Beet of Wren atiallelth tree Lvmpeel sad Landon at
Ism Yee and great , tilde! ere be able to err, shawl
it sot quite aa cheap.. ering meek, alike et the nine lane,
tree the regale:My of thdrip they mllleammeed bail
dare of the steam trade, end the neenent atheithmOirEZ
gleaners to the Anterisen =merle whim the tem a
to an end and the trade eadlasve nee Stir
eassidernike the wants of the yarn and etherindea _
. . .

—lliorgrm—fibsiiihiscOMPany the 7e—itae—rawaim r will
ant eater Into endue esametition widathessalselog Ws&
ma (lenerd line le a lealnellsed Cs yer7ril smill
end pammewes with het aminTelew stenmees.
The Wane inetbee , kat base
111011 i INANPUIdId, sad It now em ys doves vasesi, owe-
lemseed Its with two steamers, the Caa/
and My of The steamships od the is
beerever, of realm grope' Monate horsopomwthsY time pew
thie eseeplay, which will be salted en mash leits=
isd mil he cansentehed to COMIIIII• a s
amount ed seal; at Ms same time, of such e= In ad.
lithe to a large cargo of merchandise and passengers, they win
be able to carry mildest fuel for their voyages both oat and
home, and so avoid the expense and delay immured ,by coals(
abroad.

In order that the objects of this Company may net be even
partially anticipated, irid that the stations may at once be own•
pled, provisional arrangements have been made whereby three
new desiners. of the description indicated. and to BR
anilable for the 'orrice, have hew secured. and aintrac=::
hoes catered into for the building of others of about 5.6 tore
sack and it is proposed to commence with' fortnightly service
I sack way, to be inoresaed to weekly mai Wage as soon aa the
mesh can be got ready. The ports of departure shall be
Liverpool for the weekly line, and London to the extent the
Yelrepoiltaa trade may require.
The ships will be bunt ender the Inspection of Kr. John Joe-
dan Nets Me Surveyor to the Underwriters' Registry of boa
Ships), wboee serviees as Inspecting Engineer and Navel AMU-
kot the Directors hare secured to ml, Company.
The mesa which has attended the formation of well-managed
steam companies has been very marked. That of the Cunard
and Inman Oompsay I. well know. The Pacific Stearn Naviga-
tion Company, whose shares, LSO paid, are selling at £7B per
share, has, out of profits, given to its shareholders new paid-rep
shares eximedlog she amount of the original and pays a
regular dividend of 10 per cent. on the lammed lune, caning
over at each anneal meeting en almost equal onm, whhe many
prints steamship owners, with similar description of vessels,
but moth smeller than those this Company intend to poems,
base reaped like molts.
Directors have therefore ever, reason to anticipate a MT
great meows to the undertaking. They are sot entering=
an hat are providing for this Company a
on of vessel, but of birg r Use, then those which have
so remunerative to wend well known private firms
fa the lleditemnean and ether trades, and have thus
the e of the experience so acquired, which proves that
whet is ell, ender efficient management, to ensure profitable
results, are large drips with moderate bet sufachnt horse
power, and greet carrying capacity.
The introduction of the Limited Liability principle has en-
abled undertakings of great magnitude like the present to be
carried oat by Joint Mock Companies, which may embrace the
co-operation of shipper. and of others intended, instead of by
private capitalists as heretofore the result being that the sap-
porters of this line will become interested to Its sacoms, sod
participate In the prollts which they assist in MIL
Applications for shares may be addressed in the annexed form
to the Directors, and copies of the Prospectus may be obtained
I at the Tempoevy Offices of the Company, or at the offices of the
Brokers sad Solicitors . bet no application will be considered
galena a deposit of gl per Ogre on the number of shares applied
for hae bean paid-