The Express.
London, England, 1865-05-25 00:00:00

THE NORTHIRN ASSAM TKA COMPANY
(Lbsited).
liestitered //Martha Compaates Are, UM cm Colobar 18,
lamas, od Capital M MOM hych, ths isms ol than
Shares al AM ea
a payable on sod Al ea the 10th Jay soil.
Where no al otems MAO deposit will be returned In tall.
Tnltl the 18118. the B dame will be entitled to a !m-
-imosas/1 Weasel (so tar re the polls Iran the Betake pur-
chased from the Amaze Cootpeny will admitl, Ot 10 par out.
per annum. Az:/zsg ibasost prang over 10 per cent beteg divi-
sible raimay A and B Shires respectively.
DOACTORD.
B. W. WI/MOM lag., Chairman (late Mackenzie, Lyall and
Co , Cam/Ma. Dheolor a the National Sank of India.
Pereira ilataiscombe, Sew/soaks, Koh
B. Hipp, Sq., bestow, North Devon, late of Dibrooghir,
Anima.
H. ..gintrj M.
Mama. Mitchell
Grosvenorequare.
J. W. IMeneu. ama. Mitchellaid Aspisalij, 8, Gnat
Towerelseet,
(*aim T. H. Stussae, Howl Artilkey, Nanghtontodrie, Moch-

THI CRIDIT /OW= AND MOSLEM OF MIDLAND
cZttediu ARE INSI'RITOTID TO RHORIVI enema-
s skinisk A STOCK
X.HIC MICTROPOLITAN EITZNEIION
RAILWAYS at the LONDON, CHATHAM. and DOT=
WAY COILPANT.
In KIM Provider& &alp Cartilleates to hater of 240 each,
WI Intend greesteedst by 81: 8. Morton Pens, Bart.. Betts, and
at
Otemptea I p mat per aanum peke at lame, payable
en assowne pal up, as from tat Januarony, Mg, and payment
et each larseet ea
July be managed to lat
Janua Jo/7,
ry In 1881, haN-
es lie and Ist eseh yesr.
Deaod
C/14=Abit Yawl will be paid en Ut July.
IhlBoB.
Al pet aggliseilea, and At on allebeent.
Price of tune ,111 for Mil Owlllisete, equal to EU Ma. pet
SIN Reek.
LLbtD Ihmiled le emmeat at
The riesalnuig half of this desk. £1.1118.50711.11461°Q.n0t be Issued
for twelve months, and then a* ea pald-up Stook and at not
bee a prloe than £lO per PlOO Mel advance on lb. present
pees d Yaw
DDLIBOTeIL
The Right Hem. Lord SONDOO, Less Court, Favenham, Kent,
Ohalreue.
The Lard HAWK Boutbsittest, Orosveaorbquare,
Manua
Carden, Royal Exchange Buildings.
Ga▪
mes Cobb. leg Dredger. Blningbourne.
Edward W. Idwards, FAQ., Victortnotreet London.
William 6ladetoes,Req., V, Old &vedette* London.
Marks J. Hillem. tsg., The Mee, Dickey. Kant.
GI. F. Haig., 8, Bneserequare, Hydwpark, W.
lamas Newlands, 81tOngbourne.
Mr O. But.. Noitiaghambleoe, Landon.
BO Cara P. Renalial.....l=galionclon.
Sir John Maxwell bourne.

lissom Trishadds spileTnnetas.- Bash-hollidisel
Joseph CaelKlsq., 0.1., Gres* Chkege-striest.
F. T. Terser. Mq.. PadiSllllll644lllo4.
UnaAar—W. B. JoAnne. lot
01181111A1 Maitakll-4. 8. Forbin, lOft.

.P1106191C1178:

The present object Is to offer for subscription the Ant
half of the ♦ Stook of the al tan liktenelon Railways of
the Lenicea. Chatham, and Dover Company, antoanhug to
paidwidth. whh the MALLOW to be Issued only as bfly
p stock at not Ws price than 410 per cent. hareem ea
; resent pries od ems, er earlier than twelve mouths
oompletes the dams itmkooo, um total amount el=

IN details el the Hass and their present position are gives at
length in the slalom* annexed to Ur prospectus, which, with
the nape show the routes of these linesendthoee in connection.
In oonniderhig this stock as aa biesetreent, the principal points
toe oonsideratiou are, first, the amount of stock to pay dividend
was : secondly the table receipts thirdly the minimum
dividend per cent. to Id a fair return oa Riptide of lama
The Glottal at the Ixteeteiew ways Is conitt
toted as Mows, rla :
Debentures__

41,410.00

B Stook,oattliod to 6 pre omit prefetosos 1116.000
C Stook oadtrod to 6 per ant. prelorearo airy B 1.060.000
A Stock (per{ tiour) oUtled to re- 1.211.000
Imo }
Foe taboo meindecot prolte 1.416,006
fluty pold-up stook up to 0 per coot. 1,24000

66,112,00

The tote' mileage le about 14 Who.
The trade on the Metropolitan (Ciadergreand) Railway baa
amounted Moos Ist January, loch, to an average of 8075 per mile
per week, which is moreover daily increasing, and at present
arises from metropolitan passengers, a trifling amount only of
through lima, and no vole being as yet carried on this line.
When It is oeeetdered that the present traMc on the Metropo•
lilac litenaisa Railways of the London, Chatham, and Dover
Compaay, is condoeted over only two lines of way, and with
an inadequate amount of rolling stock, alto that it Is atift
iinflWaked, and that the portion at work has only reoently been
opened, it win be observed that the preesot roaelpte afford ao
reliable data upon which to form an estimate of the probable
Rana;
To fizthe amount at anything like what Is felt by competent
judges will be the actual result when the enormous traffic that
the junations with the Metropolitan (Underground,,, the Great
Marlboro, No Midland, the Greet Western, the West Loudon
litenekna, thellosib WOW.. aadthe North Western—will bring
on the Week Wed be considered an azagneraUon by those
ineoert In Ms wonderful sionticlty aCmettopclltaa and
Inbistaso Wk.
It is ilainiere theoght better not to estimate Ike
trailiesi= thaa the average of the mileage receiprortg
X 07adervetadi Railway, as above mentioned—
vie., M per mile_ per week. This tualtipUod by tbe mileage of
the Metropolitan lintillielen LIMN of the London, Chsthanr, and
Dover Railway Company, would eve a skarn of 4130,944 per
annum. From ibis eon must be detected 60 per cent. far
working charges, which is a liberal 46411134“.. The net remits
from passengers only may be estimated therefore at 6201,903 per

ralbesa
sh-
large goodalo which three line. will enjoy, ►like from
the admirable position and number of the stations as from the
made for working Ms trade, will certainly
neat the b at least MOW net per annum : whisk
in
*
that ease, saw Wend on debentures add on the B and
C stook; would • dividend of 6 per cent. on the whole of
the SIAM= A k (k+chiding the present lesuu), which at
the price it Is new offered at would be equal to 10 per cent per
anima.
The peke at which the A Meek is new offered and be =mg-
diced most advantageous to the investor, if only one half of this
result is attained; when, however, the Increased receipts would
permit a dividend of a per cent., the stock must certainly dee
to par, which would practically be • profit of upwards of 41 par
cent above the price of Issue.
ft Is considered that results soroaWno toe above figures will
be reached In lees than two years ; and that • steady larems
may be further looked for from that time. Arrangements have
therefore been made with Sir & Morton Pats) , Bert, Betts and
Crampton, to guaranty interest as from Ist January, 1966, until
let July, We, at the rate at 6 per oent. per annum on the
amount paid up, by which latter date it Is cooldently believe 1
the Intrinsic merits of the whole meters will lave developed
themselves.
the belief entertained as to the talon In calm of this
stock, when It Is considered that the Yana =ewe metropolitan
tenni= as well as aetrepollanand suburban traits), Is borne out
by the realise pekes of the shares and stock of the Great
Northern and of the Starolitan (Undecorated) Railway
=it. before they had finah. d their lines =W-
TI= Great Northern A stock we. in 04ober, 1967, quoted In
the Sack &charge list at 1.54 per glee stock . it now is worth
4146. or 91 per cent Increase In value
The Matropolliaa (Underground) Railway was In April, 1661,
only four years age, quoted In the Stock Battange fist at equal
to L 64 per 0100 sank ; it now Is worth £136, or £6l per cent
increase In mike. These facts speak for themselves as to the
prospects of the stock now offered for subscriptken.
The mice of saboniptien to fired at All per Certificate of L4O,
equal to Lit I.os. per LlOO stock, and the periods of payment are
se under—
Al per Certteleate on 4fp
.11astios.
4 t.
', . _ ...._

let Beom;ber, 1866.
11$ December. 1806.
Lt Merck 1866.
let Jane, 1806.

A2l
All calla not duly paid 'intender previous payments liable to
forfeiture. When the whole amount or £2l per certificate is paid
0.40 stock for each certificate will be tranaferred into the name of
the then holder timed,
The option will be given to all subscribers to pay up In full on
allotment (entitling em to Interest on the whole amount of the
price of tonna from lit January, ins); and discount at the tar
of 8 per cant," annum will be allowed on pre-payment of in-
stalmente. Thom two allowances would further reduce the price
of lama by alder AI Ida per coat.
In the allotment, those applications the whole balance on
whichit la Intended by applicants to be paid In one Instalment
on allotment will be first oonaldered.
Appl must be made on the forme sneezed, and throw-
by payment of Al per share (without which ao applies-
QTaia be considered), to any of the undermentioned bankers :
The London and County Bath ; Marra Giro, Mills, Currie, and
Co.. the Ars and Masterman's Bank (Limited) . Marra. Smith,
I Payne, and Smiths . the National Bank, Leaden, Dublin, and its
branches In Ireland; the National Bank of Scotland, Edinburgh,
and its branches In Scotland. In the event of no allotment being
rage, the deport paid will be returned forthwith without deduc-
tion; and if bur are allotted than the number of certificates
applied tar, the semi paid will be Willed towards the amount
par.l.;:dium,n ancement an the number so allotted.
with maps, plans, &c., may be had of the under-
mentioned stockbrokers :—Meese. Laurence, Son, and Pearce,
B. Angel-court, B.C. ; Mears. J. and A. Scritageour. 10, Old
Broad-street: Mesas, Knight, Dale, and Co.. 1, Royal Xxchsegs-
=LC. ; and of the Credit Ponder and Mobiller of
Limited), (Alfred lows, Req., secretary), at their °Mrs.
17 and 111, Carddll, Wades; and at the ogres of the London,
Chatham, and Dover Railway Company (W. E. Johnson, Fog.,
secretary), Victoria-station, Pimlico, B.W.

TO la PAID UP gr referkLMlFil.
"To be isdt with Bankers.
To the Directors at the Orwilt Fonder and Mobilise of England
(Limited). Alike., A Stock of the MetropoUtaa Itetenalon
pßpwWw aye of the Load" Chatham, and Dover Beltway Coin-
-Having paid to the • Bank, the sets of 6.
being El sedp certtemt• on scrip cedilla:as. Maeda
you So a The *clip certificates of the above stock. Is
conformity with the prospector lamed by you, and I hereby
spree to accept each certificates, weeny lees number that may be
allotted to me, sad to pay the further tam of A 4 per cottlicate
due on allotment thereof, and the lasitidmeste when due.
I gentlemen, your obedient servant,
Name In fill
Venal
Ad=eo
Date May, MM.
*lnsert Banlmnf name.
Or this form of Application to be used by applicants desiroue of
paying the balance In one inetalm•st on allotment.
To be left with Bashers.
To the Directors of the Credit reader and Mobllier of England

VOLE or

( Una
&AAA* A deck of the VWoieltl.o Istendoo Railways at the
Looks, Chatham, and gallon: Colt=
Osalleasso,--Havtasizald to the' the meat
of early
p oartifloate on
ceettlicetes, fact= lan to al:14 see serf* ofettboales
of tie above in soalossetty with the or
Wool by
you, and I heseby agree to swept each certificates, or any less
mew that say be allotted to se, sod to goy the further tea
of £29 per asettbrate dee co allot:neat thereof.
I am. ristleaeaturar obedient term;
Dame In
Donal isostare
Address la fall
Date May, 181
• Inset Daakses' name.

TBSU of £1,212,000 A STOCK of th-
STROPOLITAW MTh/MON RAILWAYS et the LOI(