The Express.
London, England, 1865-11-24 00:00:00

PReSPECTIJS.
This Company is formed fur the purpose of working two exten-
sive Sliver Lwl Mines, kllOllll as Penhale and Lomas. situate In
the parish of Perranasbuloe, Cornwall.
The mines are held tinder Maass terll years, at the unusually •
low royalty of 1-teth, the average royalty of the lead mines of
Cones An brier from 1-lsth to 1-14 b.
The far-famed and deservedly celebrated East Wheal Roes
Mines, which paid nearly ..500,e00 steeling in dividends, and the
shares of which sold for upwards of £l,lOO each, are about three
miles to the east of Penhalc and LOlllll4l, whilst the rich and im-
portant West Chiverton Mines, now yielding an annual profit of
over £OO,OOO, and valued in the aggregate at A*o,ooo, ere-riling
to the present market price, are 'Whited at about the mine dis-
tance to the south.
The remunerative productiveness of Timbale and LOOM has
been abundantly established by actual resales, and as will be
Jon by the subnet report of no leas an authority than Cereals
John Kitt° (by whose practical still Great Laity lue bees brought
into its present highly profitable positioal, • they form one of
the best and safest in
In the whole miwog district of
Cornwall.' Ile also writes, I fully believe that with a mode-
rate capital, combined with spirited and judicious nonagermet,
this property will soon rank among the best die eend-PaYing
mines in the county."
After a careful consh!emtion of the early results to be obtained
from these =toes, the extent of the reserves of ore, and the
absence of my necessity for say works of a speculative or expe-
rimental character, the Directors fee fully justified in coming
to the conclusion that in a short period permaneutand satisfac-
tory dividends will be reelise.l. An opportunity so favourable
for Investment In a bona tide mining enterprise, therefore, but
seldom occurs.
The Directors hare succeeded In securing these extensive eetts
upon most advantageous terms—na, £13,000, the whole of
whh is to be paid in the shares of the Compaoy, thus showing
theme confidence of the vendors iu the Menem meting of the

Oran prong
Deduct interest on £200,000 debentures
Deduct dividend on proposed reference share
capital of 11300.000, at d per cent.
--- 90.010

12,000

Available for dividend on present issue of ordinary share
capital of 1.300,000
Being at the rata of nearly 20 per cent, per annum. or if dis
buted equally over the entire share capital, givg a moan divi-
dend of nearly IS per cent.
The authorised capital of the Company Is In 15,000
shares of AtO each, and £lOO,OOO debenture.
The subscribers for the 14,000 shares now offered will be re-
quired to pay as under :
a Al on application.
£4 on allotment.
£6 21st December. 1866.
Li 21st March, 1806.
45 21st June, 1966

undertaking.
There being no promotion money, the prelinsinary expenses
will be confined to the amounts necessarily paid, but in no case
will exceed 6.300.
The articles of association provide that a general meeting of
Shareholders shall be held half-yearly: that, the secretary's
Salary and trace expenses shallnot exceed 6150 per annum
(unless that amount be increased by the vote of shareholders at
a general meeting) : and that the Directors' remuneration shall
be left to the decision of the shareholders at each general
meeting.
A powerful steam engine of 83-inth cylinder, capable of drain-
Mg the mines and siniwg to a considerable depth, has been pur-
chased, and In in course of erection ; and the necessary prepa-
ratory operation' for a vigorous and extensive development of
the rich resources of the property are being carried Out.
As the share llst will be voted Ina a few days an early appli-
cation will be necessary to seems llotment.
Application for shores to be made by tilling up the Inclosed
form, and trairmitting It with the amount of deposit to the
bankers or secretary of the Company. No application will he
received for less than five shares, and the shares will be issued in
certificates of live each.
Allotments will be made according to priority of application,
and where no allotment is made the deposit will be returned
Without any deduction whatever.
The articles of association may be inspected at the offices of
the Company, where specimens of ore from the mines may be
seen, and prcepectuses and for Mil Of sopliChtiOu obtained.
Laxey Glen, Isle of Stan, October 30, 1846.
PINDALZ AND LOMAX MINES.
_

£2O
The anhecribers will be entitled, on payment of the tt per
share on allotment, to a scrip certificate In respect of each share
suly.crtbed for.
When the whole amount of Ziteffiss been pall on each certifi-
cate, the holder will be entitled to have the shire transferred to
Dim in exchange for such certificate.
The non-payment of any instalment will render previous pay-
ments liable to forfeiture.
The subecrlbers will have the option of paying up In full.
Interest at the rate of 6 per cent, per annum will be allowed
on pre-payment of instalments.
The holden for the time being of the capital now offered for
subscription will have the valuable option of taking at par pro
nit the proposed preference capital of £SCO,OOO.
Application must De made on the forms annexed, and accom-
panied by payment of sit per share (without which no applica-
tion ran be considered) to Mews. Smith. Payne, and Smiths.
In the event of no allotment being made, the depoilt paid will
nu returned forthwith without deduction : and if less than the
number of shares applied for are allotted, the sum paid will he
applied towards the amount payable on allotment on the number
so allotted.
Prespectuses, with maps, plain. /tr., may be had of Maws.
Knight. Dale, sad Co., I, Royal Exchange buildings, and at the
sidlces of the Fast and West Junction Radway Company (C.
Banks, Esg., neretaryi, 3, Weatrainster-chamben. Westminster,
&W.

To theLineion.
Gcntleruee,—Agreeably with your request I beg to transmit
for your In
as the foilowing as my Report on the ebeve
Mime ; and as Ihave been personally acquainted with the loco-
ihr, and more particularly with the adjoining Mines for many
year!, I have great pleasure In furnishing you with the following

•
70101 OP APPLICATION.
£300,000 In 15,000 Shares of 440 each.
VIE EAST AND WIMP JUNCTION RAILWAY COMPANY.
To Mews. Kulight, Dale, andon, Co., Royal Rictwinge-buildings,
Lond LC
Oentletnen,—Ravlng paid to Mews. Smith, Payne, and
Smiths, the sum of L b. log LI per share, I request you
to allot me of the above shares, In conformity
with the prospectus Issued by yen, and I hereby wee to accept
such shares, or any lees number that may be allotted to nv., and
to pay the forth. r sum of L 4 on allotment thereof. and the in-
stalments w hen doe, according to the terms of the prospectus.
I am, Gentlemen, your obedient servant,
Name in
Usual signature
Address MOM
DescripUon
1
Date 165.

1W Mines are situate In the perish of Perranzabuloe, which
has been and still is the beat lead-producing district in the
county. of Cornwall, immense quantities of oi e have been re-
turned from these \ lines, and I believe they never looked
better than at the time operations were suspeaded.
A large sum of money wan spent on radg
good the ials i%hafts,
l
least woek-
leg In putting up machinery, makin
but little more was dune beyond putting the mine into good and
efficient working order, and this wee scarcely completed when
the mine (owing to the failure of a large shareholder) suddenly
stopped, just at the time when the working men and others
closely connected with It considered that It was on the eve of
being brought into a profitable state. Of course this is so much
work done to the great advantage of the present company.
The engine shaft is rank to the bottom of the 110 fm. level,
and is in a good state of preservation.
The bottom level hoe been extended some distance both north
and south of the engine shaft, and good paying ground opened
out, but I am not prepared to give its exact length.
The workings altogether are not extensive, considering the
quantity of ore raised, but there is an immense deal of high
ground still standing which will well pay for taking away ; we
/*veteran be extended to any length, both north and south. and
Will undoubtedly Le attended with the same satisfactory resutta.
I have seldom, If ever, seen a better lead lode than this. The
wand ts easy for exploring, and at tbe same thee little or no
timber to required. The ore is of good quality, and can be ren-
dered marketable at a very trifling expense.
Lomax Mine, which is on the same lode as Penhale, and ad-
joining it, is said by many to i.e the brut mine of the two. It is
sunk to the 56 far. level, and of coarse was not abandoned on
account of being pour, but in consequence of the water break-
ing in from the sea but as this occurred so many years ago,
there con be no danger of It again giving way, as the old work-
ings have long since been choked full of wand ; however the 70.
en and ge lee. les Is from Peuhale can be driven up under these
levels without difWilty or danger, and with a certainty of
Laying open nn immense quantity of good ore ground, as there
WLi a splendid lode at the bottom level at the time the water
broke into the mine.
Of course what I know of the old workings In this (Lomax)
mine, is from information received from others, and particularly
from my father, who wan foreman dresser there.
I cannot conclude these remarks without expressing my ap-
proval and high opinion of the property, and I consider the
amalgamation of the two wets a step in the right dartaiWilt
WO together they form one of the best and safest investments in
the whole mining district of Cornwall: and I fully believe that
with a moderate capital, comblued with spirited and judicious
management, this property will soon rank among the best diTl-
dind-POYIDg mines iu the county ; and with these convictions
flare DO hesitation fu recommending the same to the notice of
=1 capitalists, helseving that they will lie handsomely re-
fer their outlay.-1 remain, GOOCOMOD, your moat obe-
dient servant, .701 IN KITTO,
Late Agent at the Great Laity Mines, Ink of Man.

SAIJOE.—LEA and PERRINS'
WORCOTIRSHIRE SAUCE.
This &Melons condiment, orneommd by connoisseurs
"THE ONLY GOOD SAUCE:
Is prepared solely by LEA and PERRIN'S.
The public Sr. respectfully cautioned against worthless Mitt&
Mons, and should see that Lea and Perrtnd names are on wrapper,
label. bottle, and stopper.
ASE for LTA and PERRIN'S' SAUCE.
Sold violent* and for export by the Proprietors,Worcester .
Kean. CROSSE and BLACKWII.L: Messrs. =BA LAY and
BONS. Londe, de., de.: and by racers and oilmen aniversslll.
--
TONIC BITTERS.
WATERS' QIIINI Nt WINE.
The most palatable and wholesome bitter In existence.
AN znrictzrr TONIC,
An unequalled Amoebic. and • gentle stimulant
Bold by proem, warehouomen, wins merchants, con-
fectioners, and others, at 301. a dorms.
Manufactured by
WATERS and WILLIAMS,
wboiVaaartbe Agens-lasts,e, Cannonotreet, London.
Lewis and Co.. Worcester.

IF YOU TRAVEL, send for BUSSEY, SMITH,
JL sad On.'s ILLUSTRATED CATALOGUE of PORTMAN-
TEAUS, Pranks, Raga, and every other travelling requisite.
Alio field, Marine, and Opera Glasses, noriva,led for excellence
and cheapnesa.-401, New Oxford-street, W.C.

---
nLossom of HONEYSUCKLE, a delicate and
mamma perfume, extracted from the dowers. by NO
00:NZLL mad CO.. Perfumers to 11.11-11. the Princess of Wales.
No. it Three Inrcourt, Lombardatreet. London.

KA"'S WORSDELL'S PILLS, the
BIDM ptTBiIIER nt the BLOOD known in Medicine,
from their lammly.estended SAL end general adoption, may s
clamed es bothebold necessary. Both by all Medicine
%thaws.

PKNHALE and LOMAX (CONSOLIDATED)
SILVER-LEAD MINING COMPANY (Limited,'
NOTICE IS If ERYJIT ONLY, that the LAST DAY for the
APPLICATION for MARE.; In the above Com; any le Axed tor
TCESDAY mat, for Lon.lon, aid WEDNESDAY, the 19th Inst.,
for the coentry. - By order,
W. G. ?OWNING, Secretary.
19'2, Gresham-house, Nov. 24, Ida.

LA MBER T' S ASTHMATIC BALSAM,
an effectual remedy, without condoles the bowels or'
affecting the head, truly efficacious and pleasant, Ismited to
be the beet medicine for Immediately relieving cougadhs,t cold',
confirmed eases of asthma, and incipient consumption. It tre-
lIDTBEFORD'S FLUID MAGNESIA.—The I quietly cures persons whom the faculty pronounce incurable,
admirably allays the tickling which provokes frequent coughing.
.17 medical profession for ttdrty years have ',greyed of this in approachlag eoasumption its effects are truly beoeflcial.
pure solution of magnesia as the best rased, for gout and dr Perm's deprived of sleep. or even lying down fee fear of suffoca-
maciic disorders of meta
kind ; and at a =LW aperient 0 la.z i Mon, roa depend on relief In a few minutes pike taking
etiUf_ai'lntded for ladies and children Prepared lele ! only and sold by W. LAMBEP.7, chemist, 8, King Wit-
IHNNWOLD sod Co., Chemists, ta. 17% Ifeir Bead Ilain street. Phartnie-croes. London. and by all druinvista. fu
"I'd". "'I sold throughout the wend by SB respeolabee • batted, laid., and twee splendid's in one, 3Th 9d. Be
name end ti
ress
ar
saa°44. Caution—nee that .. Dinneford and Co. Is eh each End ask for Lembert's Asthmatic Balsam. e ad
bottle and red label over the met. are engraved oh the stamp.