The Express.
London, England, 1865-04-15 00:00:00

THE RUSSIAN (VYKSOUNSKY) IRON
WORKS COMPANY (Waited).
To be Incorporated under tbe Liabilities Act al lea
Capital C 500,000 in 25,010 shame of .f.2e each.
Present bane 15.000 &bans.
Bassett Cl on application and /4 on allotment. Beyond which
It is not intended to call up mention /6 per share.
Be all to exceed a per Mare, nor to be =ads at intervals of
less than three racistba
nntanou.
W. Ansi* Esq. (Director, " Metropolitan Railways")
lititur G. Chapman, Eel. (Director, "Smith. Knit, and Co."
IL Ow ran der Mimeo (late AMR., Tribunal of Commerce,
Brvinala).
Calmat Ism. 11.11.f.1.6 (Director. "Bank of London
Cleland Irma (Chairmen, " Bombay and Baroda Railway").
Ike. A. C. Retort, 5, Berkeley-square.
Jaim Molten, Req. (Director, "Ocean Marine Insurance
Cowin.
Scrunmanwr Emma —Charles Matthaei, Bq.
Bairns—Yank of London, ThreadnescUsotrest, and Coatini
cram
BourßOM—born. Kdwarda and Co., Delahayotreet, West-
minster.
Diouss—beers. Robins, Barber, and Dailey, Thmadnecdle-
street.
• AIMITORS.
Wain. C. 1. Reap, Canaan, Ford, and C 0.., 7. Grealtam-strest.
UNA Smith, Rm., 6, Great Wtnebestaretreet.
aIiCIZTAILT (pro tern.: —Cstutensy Clarke, Esq.
0111cm-0, Great Winchester-street, Old Broad-street.

Ocsapany Is formed for the purpose of acquiring aad
maladiag the well-known iron works, which have been
estaktaked sad in successful operation foe a long period et
baba, In B.ussia.
The estate, which coven an area of 405,000 English acres and
steisim 36,000 inhabitants, Is moat advantageously situated on
ths imitable river Oka ((which flu-vs into the Vu ga at Nijol
Itoved% and is within ladles et the railroad which connects
Novgorod with Ileseow.
sante an inexhaustible supply of lion ore of
Maerlor qu ty, yielding an avenge of 45 per cent., and the
nib which are now in operation and in good order consist of
_ _

II Blot Thrown.
U No&deg furnaces.
17 Paddling funucoo.
14 Xolluog wills, for oil kinds of merchant iron, shoot iron,
and iron wire.

Lane bummers for sheet iron.
126 Wire mills.
1 factory for making all kinds of steam eoglnee.
3 Smaller futortes fox repairing engines.
1 Large boiler factory for making steam boilers and
atearr-boata.
6 Foundries.
3 Factories for making scythes, nails, de.
• 0 Brick kilns.
The above are worked by 72 water-wheels, of 1,060-horse
" parer, besides 15 steam engines, of traitor's power.
. 170.000 acres of the estate are covered with valuable timber
sad this supply of fuel, coupled with the abundance and cheap-
-ss of labour, has enabled the proprietors to produce Iron at a I
mach leas cost than In England, whilst the selling price in
Buda le more than double what it to to this country, as the
Valion within the empire is not equal to the demand, and
iron (except of • puticular class, Is kept out of competit
Feel; the hIM import duty and cost of transport.
TdittJ. rice at which the Company's interest in the property, as
below, has been conditionally acquired is the sum of
110,070, in addition to which au estimated sum of 235,000 will
le required to pay off esiging charges on the property, and it
alcainted that the sum of 470,040 wilt be required for
, wregag capital, making together X 105,000, which is the whole
Monet proposed to be called up.
the profits at the present time amount toehold 537,000 dim
enables ',bout 870,000 sterling; per annum, subject, however,
lee deductioe of 72,000 roubles, being interest at 5 per cent.,
lit Making hind on a debt of 1,200,000 roubles due to the Ras-
Lzeveroment, thus leaving a net anneal profit of 406.000
Itakeeo). By arran,ement with the proprietors, and
klithecation or mosigaxo to the Company of their reserved
Mama is the estate, 87,000 roubles (X 11,000), being about 7
egR Semi. per annum upon the whole capital proposed toi be
mid up, Is guaranteed to be first paid to the shareholders
t'd tics Company : of the surplus profile (378,000 rouble, or
1111,1001.ihreeffftlis will belong to the present proprietors, and
tare ilis to the shareholders, for a period of 37 yearn. Thus
. Ilassestimate of the profits at the premiere t ms, and without
esioddertig the Improvements likely to result from an increase
of capital, a dividsod of about 20 per cent. per annum I. shown
. epos the capital (L 165.000) required to be called up. In the
above estimate no account has been taken of the profits upon
the maantecture of siesta engines, boilers. ka. and It in *Mitt'
Paid that by the introduction of further capital and the de-
velopment of the works, the returns will be more than doubled.
It le Intended to create a sinidng fund for lie purpose of re-
lersiag to the Shareholders, at the erpiradon of the thirty-
. saves Tiara when the interest of the Company win cease, the
trlala amount of the capital called up. On the determination
Ink lease, the proorietore bind themselves to have a valuation
• Iledeef all the property above ground, and after deducting the
—.t
value to pay to the Company one-half of the difference
• 6 essi.. Thu's, In- addition to receiving a highly remunerative
dividend during the thirty.seven years, at the end of that tiros
s whole of their capital will be returned to the shareholders
' WM a considerable bonus.
It is believed that the Rues,en Government will grant a eon-
' Nuke for the oomeruction of a railroad, to pun through the
Mak and connect the Nijni.Noviorod and Moscow line with
arm and Too* which, as will be seen from the map screw
• Paying the prospectus, is the centre of a group of Russian Mi-
ami now in course of construction, and is situated In the midst
Mite most flourishing manufacturing dietricas of the empire.
Bans of the estate and works, the engineer's report, and
' Siker documents on which the shove statements are founded,
WO he inspected at the office,* of the Company.
larecatirne for Mares to he made to the accompanying form.
tof no allotment being made, the deposit will be
• `are applied
full. Should a lees number of Mares be allotted
applied for, the deposit will be made available towards
pigment on allotment, and the balance, if any, returned to
Wallopileaat.
Wilipsctuses and forms of application for shares may be
ft!at the Mices of the Company, and of the Waken,
and solicitors.

PORN or .IyyLIOATIOS 101 MARL
Se (To be retained by the Ileakern)
To the Dire:tors of the Boni= (gyboansky) Ina Worts
Comeau', Limited.
gentlemea —Having /mkt to your Beilkill•
h the
Um or g ' being a deposit of Al par altme on shares
the above Cornpanj, I hereby request that you will allot me
lumbet. ond I WOO to accept melt shame or say_ less
lonther you may allot me ; and I agree to pag the lug° of Per
*at ort allotment, and I authorise you to insert my name on
us register of enemben fee the number of shares allotted to me.
Usual signature
Hue is fill

bit.

..~.

AM: —The LICITIME contains an moths
Os letsehas, which venues all the
au looms its dangers —Yr. G. /OMIT=
fir. peewee a Ilyrw sat a Pea of Lifts
*, recemeeeesd by t. Mantel Preterite far
• -••••._ eutheee, sad en duet stibetkab Spill 4 lIIL H..
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