The Express.
London, England, 1865-06-16 00:00:00

DEBENTURES
ISSUED BY

THE CREDIT FONOIER and MOBILIER
of 'NOLAND (Limited).
MU of 000,1100 DURNTURVI Vi [TB INTERIM
PATABLIS QUARTIRLY.
The Directors have decided to Yam Debenture Bonds of the
Company for the amounts and bearing interest as ender, viz. •.
In sums of 410, 420, 400, 4100, 4250, CAO, and £l,OOO, with
tenons attached.
INTRUST.
roe Una yam 6 per cent. per annum.

Too five yin,
For seven years
'stares& payable quarterly, via, on the sods March, 30th Jane,
30th September sad 80th Coombe', esch yew, at the Com-
pany s banter'. The first payment of interest will be made on
the 80th Jose next,
The distinctive feature In the debentures lamed by this Com-
pany is their perfect *minty the amount of the capital sub-
scribed. paid-up, and uncalled, and the general Invested assets
of the Company, as well as the large reserve land, affording the
most ample security to the investor.
These debenteres are tuned payable to bearer, and ran there-
fore pass by simple delivery from hand to band, wlthoet endorse-
ment, and are tree from any further stamp duty. They are also
issued—to meet the requirements of Trustees and ethers—trans-
ferable by deed only, to be duly registered In the Company's
books to the names of the Investors or their emigna
Forms of application can be obtained of the Secretary, to
whom all oommunicaUons must be addressed.—By order of the
Court, ALTUD LOW& Secretary.
London. 17 and 18, Conihill, May 4, 1886.

DEPOSITS
RECEIVED BY
THE CREDIT FORMER and MOBILIER
of ENGLAND (Walled).
RATES FOR MONEY ON DEPOSIT.
TEL Company receives MONEY ON DEPOSIT, In muss of £lO
and upwards, et the undermentioned rats, from this day until
further notice. vu.
At fourteen days' notice 5 per mut. per tuatara.
At one month's notice 3 per cent. per annum.
FOR FIXED PERIODS OF
Not less Stant months and up to 6 months, 4 per cent. per ann.
Beyond 6 months and np to 9 months 4l per cent. per ann.
Beyond 0 months and up to 12 months
Beyond 12 months and up to 24 months Si per cent. per ann.
Forms of Application can be obtained of the Secretary, to
whom all communications must be addressed.
By order of the Court, ALFRED LOWE, Secretary.
17 and 18. Cenahld, London, June 16. 1966.

THE IMPERIAL ME
ABROCIATIOI
GOSal subscribed. L 6,000

IRCANTILE CREDIT
iN (limited).
0,000; paid up, 8600,000.
MADMAN—JOHN CHAPMAN, leq.
Xenophon Baal. Pay, Capt. J. Gilbert Johnston.
L J. Coleman, Bp. 0. 0. Macpherson, Seq.
Mr. Alderman Webs. W. Scholefleld, Esq.,
James Dickson, Psq. Sir S. D. Scott, Bart.
P. D. Hadow, Esq. H. D. Seymour, Lq., M.P.
J.O. Hanson. E.g. Joseph Thornton, Esq.
G. F. Holroyd, Esq. Alfred Wilson, Esq.
J. G. Homers, Seq. 11. Earth, Iraq.
lesitaanas—Henry J. Barber, Esq., and T. Fraser
Bandsman, Esq.
Solicrreila—Messrs. Ashurst, Morris, and Co.: and Messrs.
Edwards and Co.
The Association receives money on deposit for Axed periods ;
Makes advaseee on approved secarities
Negotgatee loans, and undertakes general financial businsm
W. C. WINTERBOTTOM, Secretary.
27, Lembardatreek X.C.

THE AGRA AND MASTERM
STOCK
BANK ; AND
THE ENGLISH JOINT STOCK BANE (LIMITED). ARE
AUTHORISED TO RECEIVE SUBSCRIPTIONS YOB
THZ PHOSPHATE of LIME COMPANY
(Limited).
To be Incorporated ander The Companies Act, 1862," bY
which the liability of each shareholder he limited to the amount
of his shares.
Capital 000,000, in 12,000 shares of LS each. (With power
to increase.) El per share payable on applicaMon ; di on
allotment.
Calls to be made In accordance with the terms of the Prospectus.
DIRECCORS.
John Alen Rankey,Eeq. (late of ileum Hankey and Co., Bankers),
Fenctiorchetreet
Thomas Bradshaw, Esq., Director of the English Joint Stock
honk.
Horace Edward Chapman. Eaq. (Hamm Lane, Hanker, and CO,

London.
Lord Alfred Spencer Churchill, M.P. 16, Rntlandiate.
Lieut.. Colonel Doveton, Director of the Agra and Maaterman'a

hank.
Professor Way (late Consulting Chemist of the Royal Agricultural
Society).
BA:4KM —The Agra and Mastermatt's Bank, 35, Nicholas lane,
1.0114011 English Joint-Stock Bank, 90, Gracechurch-street,
London ; and Its branches.
SMARMS —Main Robins, Barber, and Dailey, 29, Threadneedle-
signet. London.
Poiscrrong —Yearn Mercer and Mercer, 9, Mincing-lane, London.
Temporary Ofices-10. fit. Swithhis lane. London.

ABRIDGED PROSPECTUS.
This Company is formed foe the purpose of purchuing and
working the well-known deposits of Phosphate of tame, situated
at the Island of Sombrero, in the We,t Indies, and at Logrosan,
wouldtremadavoiding the serious competition that
necessarily orbits if the two properties were in the hands
of parties having antagonistic interests.
The consumption of Superphosphate and other Phosphatic
Manures in the United Kingdom is estimated at fr ,m 200,000
to 300,000 tons annually, and that quantity Is probably not ap-
plied to one-tenth part of the land which would be benefited by
055.
The purchase.asoney of the two properties to £360.000, which
the vendors agree to take as follows:—£05,000 in debentures,
and £90,00 in paid-up shares of the Company, whirrs shares, for
the purposes of dividend, are to rank only to the extent of the
calls from time to time made on the ordinary shares, until July
1, 1800, after which dale, provided the Company shall declare a
iiieldsed of ten per cent. on the capital then paid op, three shave
are to be entitled to participate In future dividends to the full
extent of their nominal value. The vendors take the remaining
ball of the purchase money in cash by instalments, without In-
terest, estending over a period of twelve months.
in order to meet these instalments. and to provide funds for
the due and efficient tarrying out of the objects of the Company,
calla will be made as t dlows
Caper share, being equal to 90 per cent., Li ea application, and
Le payable on 'doe:neut.
£6 per share, being areal to 20 per cent., payable 10th October,
ISM

1. 6 pe!eitere, being equal W 20 per cent., payable 10th Feb

ruari.-1666.
£1 Ws. per share, being equal to 10 sr cent., payable 10111
June, lee&
It is not ant cipated that any further calls will be required.
Subscribers will have the option of paying the above tells in
advance, or of paying the whole £.1.5 In full, and on such pay-
ments 6 per cent. interest per annum will be allowed from time
otze.ym:me nt
teati for shares niay be forwarded to the bankers of
the pony, with the &pont of Al per share. If the number
of shares allotted be less than the number applied for, the
deposit paid will, so far as necessary, be credited towards the
payment due on allotment. Should no allotment be made the
t will be returned in full.
articles of association, leases, plans, reports, and valua-
tions, with analyses of the mageotive products, map be InsPodol
at the office of We solicitors.
Prospectuses and forms of application for shires may be ob-
tained of the brokers, bankers, solicitors, and at the temporary
aloes of the Company.

ALL IRON WORK.
The BT. PANCRAS IRON WORK COMPANY.
Old AL TaacteesTeed. Loadca. LW.

THE BLAKELY• ORDNANCE COMPANY
(Limited%
Incorporated under the Companies Act, Mt.
tUpltal 460,000, In 20,000 slums of £25 each.
Deposit ou application 21 par sham, awl £1 oft allotment.
First Issue of 20,000 shares.
DIIZOTOU.

Joh' Dent, Elm , 34 Groevenoroonare.
Hon. A. Hobert, Captain S.N., 6, Berkeley-square.
William Needham, tug.. latest the 'Bitterly Iron Works.
Frederic Platt, Beg., Bella.rood%,
Captain Blakely, late Royal Arautery. Managing Director.
(With power to add to their number.)
Ballaatte—The Agra and Haatennan's Bank (Limited', SS,
Nicholas-lane, London, LC.
Souceross Cunliffe aad Beaumont, 43, Chancery-lane
London, S.C.
_

Jamas Shepherd. Fay., Throgrootion-street, London, KC.
Mews P. Enkerdey and Bon, lairs Head Chambers, Ilan•
&ester.
John Perry, 12, Waterloo-atreet, Birmingham.
SECIIMART PIO TlK.—John Healy, Pay
Temporary Ofßcea-1, loyal lketisage-buildings, London, H.C.

PROSPICTUS.
The manufacture of ordnance upon the principle patented by
Captain Blakely. has for upwards of five years been carried rm
by private enterprise. The demand for this clam of ordnance
has, however, so largely Increased, that the works el:abbe/wit
at Southwark by the present Blakely Ordnance Company have
altogether inadequate, and it Ina been found necessary
FreTst alatdish a manufactory on a much larger scale. Extensive
works are in amine of construction at Greenwich, to which it is
proposed to transfer the operations of the Company.
Both In Swope and America, as well as at home, the Waked,
ordnance la dolly coming into more extensive use, and during the
Met six years large orders have been executed for Beech, Porto,
gal, Italy, Rapt, Sweden, China and Japan, Morocco. Turkey, I
and several important States in North and South Ulla*" ill-
eluding the Confederate Government,
Aa .n evidence of the remunerative character of this descrip-
tion of msnnfaCtore, It may be Mated that the net motto in Ms
esereat year asnoone he nearly SOO,OOO.
With the view of providing the increased capital which la
requisite to carry on the manufacture on so Brim a mole, it to
ProPeeed to form a Limited Company, to hs coed •• Ehe akMy
Ordnance Company (Limited)." 'the services of Captain Blakely
bar. been retained as Managing Director. The present efficient
staff will also continue in Mice, as follows :—Jnelah Vtment..
Eaq..R.C., Resident► Engineer Mr. Campbell (late of lb. Royal
laboratory, Woolwich). Superintendent of Laboratory and Shell
Factory ; General Bur..aby. R wal Artillery, Proofmaster.
The DOectore have entered Into an agreement for the pur-
chase of the exist!. g 'eases, plant, premises, and goodwill for the
sum of L 1,5,000, payable by instalments over two years, and
£160,000 In denatures be ring RS per cent. Interest. In
forming their estimate of the nine of the plant, leases
fixtures, machinery, stock, and goodwill, the Directors have
been gelded by a valuation of the same by a competent engi-
neer. The goodwill has been rated at two and a half years
purchase.
As an evidence of th sir confidence In the undertah Mg, the
vendors have agreed to guarantee that the profits of the under-
t ding shall amount to a sum eudicient to pay a mieimum divi-
dend at the rano( Lit per cent. per annum for three years. on
the paid-up capital for the time beteg of the present Lune of
Mares.
As it has been considered Impossible to estimate equitably the
value of the patents, it has been agreed that they shall be trans-
ferred to the Company, the present proprietor reoelnng LSO per
cent. of the net profits for the next seven years.
The Company will enter Into possession of the works in South-
wark and Greenwich on the Seth of June Instant, but will be ee
titled to the benefit of all contracts executed, and profits made,
since the 30th June, 1060. The vendors reserve to themselves the
right of subscribing for oonthini of the present (mae of shares.
A copy of the memorandum and articles of association can be
inspected at the °Mom of the Solid:ton, 43, Cluincerydase.
Prospectuses and forms of application for shares can be ob-
tained at the offices of the Broker of the Company, and of the
Solicitors.
As some applicants may desire to take full advantage of the
guaranteed dividend, by paying up their shares in full, two
forma of application can be obtained, one for ordinary shares, and
the other for fully paid-up Mason

BLAKELY ORDNANCE COMPANY
(Limited).
NOTICE IS HEREBY DIVAN, that the LIST ol APPLICA-
TIONSforSHARKSInt iaOompanywillbeCLOSEDattoclock
THIS DAY (Friday), Jane If, for London ; and on MONDAY,
the 194 h, for the oonntry.—By order of the Board.
JOHN lIKALY, Secretary.
1, Royal Exchange-Millding; Jane 16, 1885.