The Express.
London, England, 1864-06-23 00:00:00

MIAMI WADI AND WHINI PATAILL

Warrant. c;i;747ol,iWinTiiteres- 7;iiiiJ:tirated to each
daheatare, payable qusrterly, tin. on lit October, tit January.
Ist AprU, sad lea Jai, sach yesr. Thu coupons e ill toe pay-
able at the Agra and Blastermares Bask (Uraltod!, Nicholarlam

_7ECOILIIT.

Dy the specific terms of tieTseiiebWataree they will be • first
charge on the whole of the e,n terenentkased properties of the
Oesepsny. the Company reserving to themselves fall powers of
Isealag and management la such manner as they may think
bsasetist

L The Freehold Preset... 23, 2.1 a, 04, Clement's-lane.
Lombard-street, with Nos. 9 10, sad 11, Is Isserhaw•cosit, and
& 4, and 3, Clisnishwourt ; lie whole will ism • nisinllkent
block of new pretolses.
2. The well kuown leasehold block of Yew flttlees. idtuated
IT. Leadenhallatrest, and a:leading back to Llme stresteamare
It has bees erected within the last three yews, from the designs
of John Whichcord, req., and contains 120 first class Whom,
with 6 shops has ihre.pireof corridors and stone stsirceses, and
pommies the most maims improvements. Tito lease Is for 06
jean, at a groond rent at L 75.1 per anima.
3. The handsome edifices erected within to kit seam years,
from designs by John Barnett, Esq., architect, for Mears John
WI and dons, and situated 11 and 18, Corahlll, directly °prowls
the Bank of England. these premises are leasehold, held for 00
years, at a grated rent of £6OO per manna
6. Ties new and substantial block of °flees, situated No. 63,
Great Tower.street, Dear Mack-lane, erected within the last
three years, and bulk In the most substantial manner. It is
freehold, and ocandin 63 omen betide. vaults.

la situate Inne of itseTirge; ToTts. tTry, and
lilshopegate-street Within, opposite fit. Relen's.plaoe, and to
the motes adjoins Oreshant.house : this property, when covered,
odl comprise the largest and most moveutently arranged aka
ins the City. It is leasshohl for 10 years, at a brocuid rent of
£4.009 per annum.
6. The Freehold property salloialog the above property to
Blahopegatoetreet Within.

YALU' O IMCIIMMIL
The whole of the properties, Asa 1, I. 6,4, and 6, W-
ince-mentioned, hare beta parcheoed by the City
Oakes Company (Limited', for the rum of 6366,000
In addition to which they hays Macs acquired No. 6

_...,
,sadsome other interests), my
[permed value by an estimated outlay foe nem
buildings in course of IMICtiOS OR SWIG Nos. 1. 5
sod u, and &Hwang:is to Na 3

£487,000
to whlcb add for additional coatlaseat oatiay, say.. 13.000

Waking • total ot.
Riving ►iON !

. /2400,000

Of this sum 4300,000 la the amount IA be raised cia mortgage
debentures, the remaining £200,(470 being provided by the City
Mee* Company out of share capital.
The whole of the properties are adapted, nod
let or to be let, for mercantile and banking
offices, ke., and the gross income, In-
eluding the rentals of the new buildings In
course of erection, Is setimated at 400,000 par loam.
Deduct ter p.m..' rents and sinking fund Om
the Iwehold portion., insarance, dtc., EV 15,000

Losering L 40,000 per sun=
As-salable as security for the Interest re-
quired on the 1.300,000 debentures to be
Issued . the amount of interest so required
at b per cent. is 15,000

Leaving a surplus lowa available fo►
dlvl-
dead oh the E 200,000 Aare capital of . t 31.000 „
or auras Or CAMAY..LID lIIITERZST.....

In addition to the above-mentioned properties, ►nd this maple
surplus, both In value and Income, and the covenant under seal
In each debenture by the City Others Company tLinsinsdi, to duly
pay both princi and nterest ,whlch covenant Is secured It:
large uncalled capital' the punctual payment of these de -
tuns will be further secured by the guarantee of the Credit
E..ncier Limited . and also of the C.edlt Moblher Limited;,
en loved under theta corporate seals on each debenture.
These Debentures .111 be transferable in the suns manner as
railway debentures by simple transfer form.