The Express.
London, England, 1865-01-19 00:00:00

CfIWTIIIBTEI csarr rii mama Or INDLAWD
VW ID)
U 7 orpria.l4 TTII2 "CIA"
"ThLICUP.
CITY of MILAN IMPROVEMENTS
001VANT (Umbel).
LocruncestOd UMW .itieoisnpantes Act, 1802."
A conemilen, dried Will July, MIA imisted by the Mudd-
witty of 7151 an. anima the grant of the be simple of about
seven acme of hied fa tla IMO! the oily, Imardiately surroand-
lag Me Cathedral, foe No wpm of easuliding the Pima dal
Duoaq mad moarreftgit, with the Plans deal &a 4.
Wm 5.030,000,1 a $OOO Shane at ASO each, of which it
is WI proposed to call ep man than /110 am. The calls
to he el Lamle it neat% three ouths, and no sell to
=mai IA per share. requirements are Woodall° be
met by the haus its or by the Ws or laming of
the ladainp sr
Pfo'4llon Is wade la IM for ta• mum of Interest si
Le rate of A 7 per cat pet annum, on um January and 15th
July, poodles the sale or kW of the rsesumMocted balichagi
the Bret haitymits Interest will be d 151 h July, 1866.
Deposit Al per awe °a
noina. sad id Duthie cm
alka
11111111W1.
The lhirt pi
Edwa Wein
rd W dela
oisa.Da , _ I The Dirl Bcaors.
ainer Yr.
oomo -
The E Hon. Isms Mars Moses, Deviance or the Credit
F 0•0141. and Kelailior el inl.
los
sir Loam 1% o.La member of the Milan Pralla-
mank _Dlnelor at LiDas Bank.
Janus Wiliam. tag a ( Alizamder Welcher sad Co.), Lam
den, eirectai of La DMus Leon Company, and
Provindal Dmak al helmad.
Predairkk l. H. Helbal.ll.4. (Maim L Imlay, aid Os),

Geoq, IL ennuis. hit Wain. hymns sad Co.), SI
Thrageseehowelkeek, LW" Dirraake of the Anglo-Austrian
Y.
a=sesall". hole elehreehliat at the Twinkle et
ILWlttraut.—Deper elhaseppe Mearal, masaltlug milked
be Illeahkeet Mem.
acmlCWoh&—Meiare. Dekraple, Drake. and Ca,
reaterseshakrest &

sum_
Miura ltobarla Labbost: bad Co., It, Lombard-street. Londam.
The Aagto-Daliaa Bank. MM.
nlaisl
Norm Sleben. sad Rorie.. al. Threadaeedle-street
MOWa laareaca, Beo. aad Pao* 8, Aaaal-court, nrcazaortaa-
*nat.
Munn (pto tam.)—J. D. O'Brien. Esq.
Toopcarry Otlicsa-1T 'ad 18, Coruhlll

The tight acquired by the City of Milan imprommeng Com-
p•Ar (Limited; to the pose ion of the actual feeeimple of about
seven acres of land la the commercial anima me of the princi-
pal cities of Europa. pre-eminently distingtabes this hose all
other undertakings hitherto earned out upon the continent by
means ot &Web capital.
Unileg the Italian law of erpropriatioa afterderts property re-
quired for works ef pubtic ntlliy, these Neves ewes, with the
buildings mon them, of Mash the Omeliany try heatia• abie-
Mtge peasessed, WIMPS peidiraid by the Modelpility al an siver-
egelle&se of aelke sr beam (dsO) p., aware metre. or a tofu
sues of trALSIS. Tapia* es be paid by the Coacemimaires is
Axed foot 14,140
ousiosesion at £311,1144, or SOO lire (AIL per moan
metre for 14,140 square metres, and 150 Um (1.6, per mean metre
for &WM squint metre*, leaving a dilferenee of 1.637,000 In their
favour. nda sum of d 600,01111 will moult as a positive profit to
the Company Ire the purebeesmomy for the oueoession,
£O,OOO in .ash, and dea,Mlo in paid op .hares. The actual dif-
femme to favour of the Company will cossequautle be £eo7,aoe,
Mess the..E=ti:alas d the property beyond the price paid by
ihe
Mr. •=...'Beirp, the enthiset architect, of London, who wee
specially deputed to manilas the passe. estimates, de., on the
spot, values this area, In the accessanying report, at £io 11,000
Wel par equate seek*, se at • total of above 41,100.420 sterling.
IlasCommimaires leasprovided AOO.OOO for payment
of cantiosemomm to the M ty, and for the lint section of
the land ;which has been reid In the names of the Com-
pan's trustees', da An agreement has also been emend
lath between the and the Compute that the purchase.money
for the ressendon shall McDade preliminary exposers of every
land.
The terms of the e.noeaisu which the Campine purchase
may he Welty stated as follow@ :
1. The Deafer to the Company in perpetuity. and free from
all Incumbrance. of 17,734 attire maims of freehold land, equal
to shoat 7 English acres, with the houses sod buildings standing
thereon, now let and occupied, constituting the actual centre of
commerce he the city of Milan, and 11. most densely populated
arThe rigida perediades this land at the prices above speci-
fier& In successive lotus via., &an square metres (including the
4.000 square metres paid for and transferred immedi-
ately: itt,41.0 square metres by the Beth Set camber. 1865 and
the remaining 3,810 smart metres by the Bah September, 18e1.
11. The Company en to end, la accordance with the Meal-
cipal piss, warehouses, sosating-houses, shops, sad guttingep
human aad such other befWings as the Company may determine.
S. Power to the Conway or selling, letting, or dealing with
the freehold land and the buildings reconstructed upon
& Tlii LINTS OF THZ 1121371 NC BUILDIN3B upon the
ceded land to Weed absolutely to the Company from the dates
of the several amipseeate. These reutats are reported by Slipeor
Malaut, an aschimei of great reputation Italy, specially ap-
pointed to the Illtuderpality of Milan, and by Mr. t. 7. Barry, et
70.0001 pee annum.
6 The materisis arising from the demolition of the old hand-
lings (vetoed at 1,000,000 lirt, or kt 0,040), to belong, without any
payment, to the Company.
7. AU costs of ears ensaasest of the proposed buildings to be
borne by the Municipality, but all such ornament to be the per-
manent property of the Company.
5. 1 be- Mealoipallty to pay the Company. at a lad tariff. all
expellees of whoa drmEc, and construction of sewers. This
tariff will bee soma of to the Company.
it. The Yd acipality b Mgt to glee absolute posesedon of
the property caseated, wttbeet say °Warheads to the Colman,
than the usual Government dues upon Danger.
la The Company to have the preference in executing any
future municipal improvements In Milan.
The Company mid forthwith proceed to the sweeties of the
buildings, subsequently selling the same or granting leases at
premiums, resemble the 'Toned mete In perpetuity, or cad-
&Melee them, as banaf a. may be &eternalised. The demoli-
tion of the old buildings oa the tint section of the land ceded to
the Company Is already In progress.
Applicatiens have been received for leasing and purchasing
some of the buildings as man as reconstructed, on terms m
so-
caas of the estimates submitted to the Directom These esti-
mates. calculated, by Signor Magma lend Mr. Barry, only upon
the basis of the present rents, show a return of 4108,000 par
annum from the reconstructed buildings.
Owing todt.tgagbillty that a large proportion of the capital
for this un will be derived from the mile of the new
buildings, It is di ult to arrive at any precise calculation of the
large prints likely to accrue to the Company : but taking £leo.ooo
a year merely from rentals asa basis, and mmuming the capital
to be readout proposed, le shares and debentures the ultimate
dividend on the share capital may be fairly estimated at 11 per
cent., and this from tree old meta. A considerable Mcrae* on
this return may be looked tar from the gradual sale of the Com.
pan 's property and other sources.
The aseesegam, rts, and articles of associatiom can
be trepected at toVices of Messrs. Birchate, Dali7mple, Drake.
sad Co., 44, Parliament-street, Westminster.
Appllcatioas for shares are to be made In the annexed form,
and left with the bankers of the Company, upon payment of the
deposit of £1 per share. If no allotment Is mede to the appli-
cant the deposit will be immediately returned without deduction,
and if • km number of shares be allotted than is applied for, the
deposit paid will, so farm asemary, be credited towards the pay.
ment due on allotment.
Arrangements Dave been made with the Company for a reser-
vatALT/etive thousand shares for allotment to appikants who
are shareholders of The Credit Fonder and Mobiihr of England
(Limited:.
In consequence a/ inquiries which have already been made, the
Directors have Mega oleo to receive ch
atappliions for allot-
ment* of sham folly paid up, not exceeding the mwegate
one-fourth agog the capital, such thane te bear Interest from
the date of payment.
Promeetasse end terms of application can be obtained at the
offices of the Credit Fonder and Mobilise of England rldmitird',
17 and 18, CorehM, also of the bankers, of the brokers, and
of the Secretary of the Company.
Plumary, 1888.

Rio be retained by theeßankers.

No.—
To the Directors of the City
Limited). of Milan Improvement' Company
Oeutieroen.—Having ge told to your banker', Messrs. Ro-
berts, Lubbock. sad Co., the sus of A , being a depodt
of £1 per share on shares In the above Company, I hereby
request that you will allot me that number: and I ogres to
accept such shares, or any less atimber you may allot to me, on the
terms of the prospectus, and I agree to pay the deposit on allot.
moot, and to sign the articles of aseocWion of the Company
when required. and I authorise you to Insert my MIMI on the
register at members for the number of shares allotted to me
Vocal signature
Name to full
Residence
Profession
Date

Or if fully petit up shares are required, to be made on the under-
mentioned fors:
PORN Of APPLICATION 101 MILLT PAID OP MARIN
To be retained by the Bankers.
No.
To the Directors of the City of YU= Improvements Company
(Limitedi.
Gentlemen,—Having paid to your bookers, Mews. Roberts,
Lubbock, and Co., the sum of it belag a deposit of
ti per share cc shares in the above Company. I hereby
request that yon will allot me that number of fully paid up
shares. and I agree to accept such shares, or any less number
you may allot tome, on the terms of the prospectus ; and I agree
to pay the amount of such shares on allotment, and to sign the
artLlea of asochttinn of the Company when required, and I
&Shorts you to insert my name on the register of members
for the number of shares all
tted to me.
Usu signsturs
Name to full

biat

TIM CITY el MILAN IKPROVEMZNTEI
mown. ammo).
world I 18 1111131511 OITCf. that NO APPLTCATION3 tot
MAIM In this Company oIU M 11.11CLITZD APTZ6 A o'doet
THIS DAY (Mandan Mb tadant. tot !nodal, sad II o'clock
10.1101130 W (ttidayl. nth Intaaa for cosuotry app -

Weeder or the goard, - --
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Temporary °Mom 1.7 awl 111.4Neald1l, lath January, IN&

soorrs BILIOUS and LIVER PILLS,
DR.s arm tailing remedy. propane silliest say stereaal
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larrellesh best the re at Dr. heed, wM be found Invaluable
he all whs. ender Oren Weal and liver aospialsta, taddeadeta,
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lagthasiii, as a twiny aperient Bodkins, and as • partite? et
the blood. tbey are Indy eseellent istid Is their °parades sad
grateful to the deasea, they mete appetite, Pantie
sad etratedbes Se id• aervais synan.—dadd byat.""Llat
twrt. ChATIROWOOk dad 17 Nod
drupriete la. lid. and Is H. Se sere to ask her DE
Seed's Moss sad PM The gonedno an Is a 'guar* pen
poker. wish Widen lawalwat" aegravee wMe dame-