The Express.
London, England, 1865-06-02 00:00:00

DIPOSITS
RietlYllD BY

THE CREDIT FO-iCliff sod MOBILIER
of INGILOND (Limited).
RAT 10k lictititir Dit!.o9lT.
_ .

This COlDpna; reCefselll47lßilThiltllitlitT,lik some of ClO
and upwards, at the undermentioned rites, from this day until
further notice, via
At fourteen days' notice 66 per sent. per annum.
At one month's settee 4 per cent per annum.
FOR FIXED FItRIODS Or
Not fees than 2 month, sod aptly S menthe, 64 per cent. per ann.
Beyond 6 months and up to 9 Weal 4 par amt. per ann.
Beyond 9 Months and up to It months 6 per cent per ann.
Beyond 12 months and up to 24 months 6 per cent. per ann.
Forms of Application Can be obtained of the Secretary, to
whom all oonununiostioes meat be iddreneed.
By order of the Court, ♦LFRZD LOW; Secretary.
If and 19, Cantina, London. Jens 1, lOW

THE WEST LONDON FREEHOLD
OItOUND.AINT ASIOCIAIIONItech.
(1. under .The Companies Act. Int." whnsehr tee
I=arf i
amb Shareholder I. Halted to the amount of Ws
subscription).
Capital 1100.000. to 10,000 shares of Atli each.
Al to be paid on application; At on allotment; and Al on the
14th of December nest.

No further call to exceed it, and not to except after an

of throe fr;intb;pre7ioniQi.--
It is not expected that men than from LlO to LIS per than will
be required lobe galled ap.

JEWRY MORRIS EIIMBRILAD,7I4q , Director of the Scottish
Union Maumee Cowpony, Weithoorne-park, Chairman.
Philip Patton Myth, Req., Director of the London and County
Banking Com , Winapoleotreet.
Wipe= Clods Rer., 4, Oniett-terraoe. Hyde-park.

I,2I;e7CIZE-Cp.4;l7Cist iliWeWest, Bsyeeakr.
Henry Harwood Harwood, ~ Chairman of the West Worthing
Waterworks Company, Director of the Weil, Worthing
Investment Company, 29. Cleveland-square, Hyde park.
Alexander Hector, lfaq., Director of the Landed Estates Com-
pany, 7, fitanley-prdens, Notting-h W.
Hobert O. Lancaster, Oa.. Director of the Credit Fonder of
Mauritius, ei, Whapoloatreet
(With power to add to their number.)
BAnXiali—The London and County Bank. 21. Lombard-street
and Bayswater and other Branches.

..111011!1.9

London—Meiers. George B;rn—eld sad Co., 09, Lombard.str
Llrerpoot —Memos 'reunion and Co.
Manchester and —Meier,. Mewburu and Barker.

SOLICITORS.—
Mews. Lake, Kendall. and Lake, 10, Lhacolea-ban.
J. L. 8y i, 144., 7. loralwara.tua.

ALOILITICT LID 847.111111 Y— 4—Henry 0.111.07, L 9.. t, Lancaster-

plans, otiand.
SUCIITART (PRO TIK.)-74Iround Robles. Lag.
Temporary Mem—City, Leadrkuty a:r!et. West-Rod, 6,

liatarbopLa, cal-mall, LW.

The objects for which this Association is este ',Wed, and which.
on a less extensive scale. are frequently and profitably achieved
by private enterptise. are
1. The purchase of freehold land in the western district of
London, adapted to building purposes.
2. The creation of growth rents by letting the land, In large or
small portions, on building Maas (the Association Itself being
restricted from all building speculations whatever).
a The ultimate sale of these ground renth and divlsion
amongst the shsrebolde. s pro rata of the proceeds of such sale.
With * view to these objects, the Directors have entered into
• provistothl threement for the purchase of 100 acres of the
Portobello Estate, at Notting-MB. in the Perish of Kensington,
as shown In the plan attached to the prospectus. at an average
rote of £1,360 per acne. The terms of payment have been
arranged es follows, viz.:-2,000 shares fully paid up. a money
mment of £36.000 on the 14th of June, an the remainder In
debentures of the Association, bearing interest at 6 per cent, per
annum- It will thus be seen that the calls will be very light and
easy. It Is not expected the, more than Et per share will be
required dining the whole of the year 1666, nevertheless share-
holders desirous of paying up at once, for the purpose of obtain-
ing the favourable rate of interest of 6 per cent. per annum,
will be permitted to do so to the extent of Sit per share, beyond
which ma (as previously stated) it is not expected that further
call will be necessary.
It may be seen by • visit high locality (which the Directors
Invite) that tills land stand, la already ripe for building
purposes, and forme part et an estate, other portions of which
have been recently covered with valuable house property, and
also upon which two district churches have already been built
and consecrated, viz., "All Saints" and ••St. Luke's" Convenient
and rapid communication both with the City and Westminster Ls
afforded by the Hammersmith and City hallway, the Notting-
hill station of which Is within 300 yards of the southern bona.
Clary of the property : and arrangements have been made by
which an approach to the station In this direction has been
secured by means of the road, 00 feet In width, shown on the
LtOther advantages et floe &CMS to the adjoining Nada
L been also secured.
There Is brick earth on the estate, and the middle level sewer
rune through the centre of It, emoting at once thorough and
Inexpensive drainage. Tice only wdrks to be undertaken will be
the formation of the main roads and connecting seers. The
whole or greeter portion of the outlay for these works will
eventually be repaid by the builders.
The Directors will be empowered by the articles of association
to pay Interest halt /early at the rate of 5 per cent. per annum
on the paid up capital, for Ore years treat the date of allotment,
pending the cation of ground-rents, which it is fully expected
will then tumble the Directors to declare a larger dividend.
In the opinion of the eminent surveyors, whose reports are
appended to the prospectus, the whole of this land will have
been built over In about 10 yams from the present time. et the
end of which period the property of the Association will consist
exclusively of ground-rents, the safest and most marketable of
Investments, and of a value, according to the estimate of the
surveyors ito which attention Is called), very far exceeding the
amount of capital to be expended in the undertaking. Mr.
Currey estimates eke probable profit at g 174,000, from which,
however, the expenses (probably L 20,000) would have to be de-
ducted, and this estimate ie corroborated by th report of Mr.
Beall
When the whole of this estate shall have been built over and
the ground.rente created, It is Intended that the same shall be
*old (when such shareholders as may be desirous of barairsing
freeholders of property In Middlesex will have the opportunity
afforded them„ and the proceeds divided pro at/ arnenget the
shareholders. The Directors, however, will be empowered to
effect tales In the interim ea favourable opportunities shell occur,
and the proceeds will, In their discretion, be carried to capital
account, or be divided among the shareholders by trey of heath.
As an inve.tment nothing can be more safe, the subscribed
capital being Invested In the purchase and Improvement of free-
hold land, which, by reason of the growth of the metropolis, la
rapidly increasing in value.
In letting or selling the land, preference w ill be given to share-
holders.
The Art cies of Associstlon, sad piths of the property, Be for
inspectios at the offices of the solicitors, and of the architect of
the Company, as well as at the temporary offices of the asso-
ciation.
Detelled roswinsee. wt, the Emporia of Bean Ours y. Ng,
James Be
a
11, laq., and Moors. Gardener and Bell, the sur-
veyors appolated to repoth ea the property, and forms of appli-
cation f.r skates they be oblige/4 of the brokers. or at the
temporary ofilcmi of the Corpse,. No. 16,Lesdenhalleleset.
E.C., end* Waterloo-place, Pail-mill, LW. In the event of no
allotment being reeds, the deposit will be relented In tell.