The Express.
London, England, 1865-11-30 00:00:00

THE LIVERPOOL and LONDON and GLOBE
FLEE and LIFE INsLISANCE COMPANY.
cooi-1, Dale-street. Liverpool 20 and 21, Poultry ;7, CarnbW
and Charuweross, Loudon.
PROORkI! OF THI emapAmy WMCI 1860.

Vim Ynculum.l Ufa Premiums. ilnyosted Ftugs.

18

Z 54,1105 L27.107 L502,324
1212,179 72,781 821,061
360,120 115,974 1,311,906
742,674 734,244 8.272.300
JOHN ATK INS, Reddest Siciitary,Loadoa
are payable in thirty day, atter thity are admitted.

We deb=

----____
TBE CREDIT FONCIER and MOBILIER of
ENO La NI) (limited,.
NOTICE IA HEREBY VEN that the CERTIFICATES of the
fIEAREA of the NEW IikACE etn now be obtained at the Com-
pulyaOlticas to exchange for the Allotment Letters and bankers
text*

ALPRILD LOWS, Secretary.
and IS, CornhilL London, LC tJth November. 1966.

NAPLES PUBLIC WORKS COMPANY
(Limited).
The SUR.ACRIPTION LI,T will CLOSE for London and the
eenntty on TUMDAY next, the sth De^ember.
J. F. ()161it:4, Secretary.

Min'. CLISNCH, SMITH. AND CO. AEI INSTRUCTED TO
UCKIVE APPLICATIONS FON SCUP CELTIFICATES LN

TSB
NAPLES PUBLIC WORKS COMPANY
,Limited).
Incorporated ender "The Companies Ad, 1862," by which the
natality of each Shareholder W limited to the amount of his
Shares.
Capital, 81.200.000; First Imo, £600,0110
With power to increase,
4000 Provisional Scrip Certificates to Bearer, of £lOO each, et
which XS mast be Pa* .21 Naikttinn• aavaiktianglU

elwitareallig==l77lrpon
tO there—lielnlia7did
and paid thereon the proportion ol per cent. ol the
leelelael em
tr; " aiti"liattaltirt 112411 osiVeneenthuLing °Leann",
et at peran o
oelst. If Dm ;aid op. Anon. Ent two mean.
the metals, then constituting the Bliereboklen' revenue, are
ealimated to yield 10 per rent., irreseeetivalT of bonuses Mei
WI&
nis ILIOO P 10,1.106161 Scrip Certlneates may be ezchanged, with
She consent ot the Company, for Debenture Scads. redeemable
In On and seven years, to bear Night per cent Interest.
MEMOIRS.

0. A. F. Cavendish &attack, Eaq.V.P.
natant Bradshaw, Esq., Director of the, English Joint Stott

John Brows Dm., Culver' liadhazo, Herta
Captain Windsor Cary Elam Guards' Club, PallualL
Chevalier Annlbal Glietta, Naples.
Lakottarrett Lenard, Esq., Reform Club, Pailmmil.
Mackenzie, Esq., Gresham-house, Old Broathetroet.
mes Parkyns, kart.; 9, Gloucester-square,
ILA. Reath, Req., 36, Cavendish-6quart.
Major General Traumatises Director London and Smith *Mean
Sok.
AIiCRITESP—Wen. Barges Yu., P. LT. A.
tioddroth -Mesas Sole and Tuners, Aldentaabtay.
BANltalui.—Agra and Mastermths Bank, Nichelasians.
naolthas.
Mama Partridge and Greenfield. 21. Thlogotonoo4treot
Mews. trice and Devot, 54, Threadneedlostuet.
hfideOlte—Mesms. Johnstoue, Cooper, India, and Evans
Colemaustrest-bulidlop.
flathrtthr - J. Y. O'Brien. BM.
Timsporm cde.....y. Royal Exchangshaildlup, London.
This Company is formed for the purpose of executing public
Valuta Naples, and will comae's°, operations by constructing
aiosievard, upwards of a mile in length and 80 Peet wide, sou..
peeling the centre of the city, the Royal Palace, and the govern-
Sant latildings with the Chiaha and Corso Vidor Emanuel, the
did carriage drive of the Neapolitan people. The theirs project
le shown ea Cho plan accompanying the prospectus, where the
coloured red indicates the first section of the wake, and
coloured blue (for which plans are new being prepared, and
desagements are in progress with the 3diani.tyi is and
SU to be subsequently proceeded with.
Naples, the third city in Europe, contains about 600,000 Maw
Wants, and Is rapidly increasing in population and commersiul
gsPiaent. It le the port and centre of a population number-
nearly 4,000,000 souls, dwelling within a radius of twenty
and is much frequented by foreigners from all parts of the
eter both for temporary and permanent residence.
• tether to this work was made to the linnialpslite of
• Maples, in accordance with a decree of erproprian, and having
ileen accepted by them, and approved in doe foby the peethet.
en Waal! of the government of Italy, the requisite sompaisory
are thus secured for the purchase and expropriation of
rus asopmary land in fee-simple for the latendad object, without
he delay of other legal formalities. The Municipality of Naples
upon accepting this tender required the usual deposit of caution-
money. which the concessionaire has accordingly paid.
The municipality contributes a subsidy of 1,800,00dr., pueblo
gillogressively as the works proceed.
- • Ogalradors have undertaken to purchase all the land neon-
'Ma, and to complete the constriction of the new thoroughfare
h the style of the edifices lately erected on the new Houle, ards
of Paris, including the formation of the road, paving, and worts
Bs The new houses are to he I 0 motes* high lea
--Cl(l,alnainda
the total cost for houses, land. Be., =unto to 610
Paws (f. 24 lea.) per square metre of the area built upon.
The contractors, relying upon the suctsees of the undertaking,
lave accepted these terms : and they look for their remanera-
lion out of a portion ~f the maples profits alter repayment of
sapital, interests, and all other expenses. This remuneration
has been fixed at one-fourth of the realized profits : the remain-
lap three-fourths being divisible among the shareholders.
Prom • report published by the Municipality of Naples, in •
MU, on the value of house prorty there, and from the increase
el value since that date, which Is estimated by experienced resl.
dents at upwards of 80 per c-nt., the revenue from rentals would
be calculated to yield at least 10 per unt per annum en the oust
of construction.
The value of house property in Naples is reported to vary.
Wording to locality, between twenty to twenty-five years per-
shame—houses in the Via Toledo being valued at twenty-five
years', those in the Chiaja district, and in the vicinity of the new
west at twenty years purchase. When the proposed Boulevard
Is °posed into the Toledo, it is believed that these houses will
tiogamand an equal if not a higher price than those la the Toledo.
Taking the value, however, at an average of only twenty years'
, each square metre yielding a minimum rental of si sty-
rech=ca, or over ton per cent. on a cost of 620 francs :EU MS:,
would attain • selling value of 1.300 Cranes (en).
nen is • large and increasing demand for house accommo-
dation in Naples, and house property being the favourite invest-
ment of the Neapolitan people, immediately house* are
dupleted they find ready purelnwers. Indeed, in many cases,
Contracts for sale can be male in anticipation of theircompleti on.
Alter a most careful ex.unination of the pesent project and of •
an attendaut eircuinstee cos, it is calculated that • share capital of
i 600,000, together with the returns from sales taking place
daring the progress of the works, will be sufficient to work out
the entire concession. And the calculation, founded upon the above
Mined rates, eX11.11,1(3 MI a result—within the term of eight years
to be occupied in completing this enterprise—returns, front the
disposal of successive pot Dons of the estate, which promise to
!latish at least E5OO in the segregate of bonuses upon every sub-
thription of Cite—exclusively of the entire repayment of the
capital : or, in other words, a capital profit of 500 ter cent. ;
with intervening interest at the rates of 5 per cent, 6 per cent.,
and 10 per cent. as described.
The report of Mr. Buries, the architect, of London. who was
especially deputed to make investigatioes on the spot, is referred
to in corroboration of the foregoing statements.
A prosithstal contract has been entered into for the transfer
of this concession to the Company for the sum of £.50,000 as the
socaideration for suth transfer.
The Company, under their articles, adopt and confirm the
lereementa and extracts, and the Directors are enjoined to
*wry out the name, to repay the caution moneys, discharge the
emaiderations as agreed, and to pay the various expenses ant
commissions incurred to constitute the Company. The Compay
bedew:tit, the first contractors in the usual manner; and the
financial Agency Commission is fixed not to exceed two per
emit., to eVu and iodide C0U10111410113 for acceptance upon
lank credits required.
Power is reserved in the memorandum and articles of luso-
elation, which can he then at the temporary offices of the Com-
pany, for the Board to enter into euragernents for other public
works, deemed promising by the Directors ; as also to purchase
or lease premixes for improvements or use, and to create and
Maw rodecruble debeuture bonds and deposit notes, in pro-
portion to the progress of the works, and to the extent of one-
. thlf of the valne of works completed from time to time.
The right is hereby reserved to allotted of scrip certificates to
Liz up the full nominal value thereof so that they be convertible
fully paid shares.
Deposits upon which nu allotments are made will be returned
la fall.
Prospectuses and all information can be obtained from Messrs.
Clench, Smith, and s'o., I, loyal Exchange.bulldings and
soothe of the articles of association may also be obtained 'from
the brokers and solicitor&

THE NAPLES FUBLIC WORKS COMPANY (Limited),
Capital, k 1,200,000. First Issue, LOOO,OOO.
FORS OF APPLICATION.
To the Directors of the N spies Peddle Works Company !Limited,.
lee Messrs. Clench, Smith, and Co.. 1, Royal Exchange-buildings,
London.
Gentlemen,— Having paid to the bankers of your Company the
tam of s: , for vole Company's credit, I request you to
allot me scrip certiticat.a of LlOO each in the said Cola.
MY. And I hereby agree to aocept such scrip or any less
amount that may be allotted to me, and also to pay the further
nun of t 7 for every am It tertincate when allotted to ma ; and
I agree also subsequently to ai ei pt. In lieu of each such scrip
sertifteate of clOO, live share certificates of £2O each, and to
bold or transfer such scrip or share certillcates, sub.lNit to the
georisions of the Arties of Association of your said Company,
in the register of whitleh you may inscribe my name as a member
0 caws of allotment. .

n".."--fSme In full
♦ddress
Profession or condition
Date
'Phls portion sill be retained by the Winkel+

TO LADIES.—ROWLANDS' KALYDOR, an
Oriental Botanical Preparation for Improving and Beauti-
liiegthe complexion and Skin. The radlent bloom It Imparts
Settle check, and the softness and delicacy which It induces of
the funds and arms, its capability of soothing irritation and re-
Moving all redness, tan, pimples, spots, freckles, discolorsOons,
Mad other cutaneous visitattoos, render It Indispensable to
0"17 toilet. It obviates all the effects of climate ou the Ain,
Whether with reference to cold and inclemency, or intense solar
beat Price 4t. 6,1. and Ss. 111. per bottle—Sold at 5:0, Hatton
rGarden : and by chemists and peatimers. Ask for Rowlands'
ydor," and beware of spurious and pernicious articles Ruder
as name of Kalidor."

DR.SC
'OTT'S BILIOUS and LIVER PILLS,
a sever failing remedy, prepared without any mercurial
SOlallrent, from the recipe of Dr. Scott, will be found Invahiable
illwho suffer from bilious and User complaint*, indigestion.
Isla& spasms, giddiness, dizziness of the eyes, &c. For habitual
•••htifiass. ss e family aperleot mestichm. and as • lather
of
lie blood, they are truly excellent mild In their operation and
petard to the stomach, they create appetite, promote digestion,
and strengthen the whole nervous system—Sold by
fart. S. Kalil witau•-•ta•st, ehering,lolo. ••• b 1 west
W•lainsta, is boxes. la lid. and he. fa. Be sure to ask for Dr.
Scott 4 Bilious and Liver NM. The genuine are in a alum', peep
ii•••••• With " William Lambert" engraved ou the stew*