The Express.
London, England, 1866-02-27 00:00:00

OBJECTS OP THE COMPANY.
The Imperial Land Company of Marseilles (which has been
theft twelvemonths in course of organiestion) is ettablished
with a view of purchasing and acqulring land and property In
the important city 01 Marseilles. the re-sale of the same, and the
seqabdthe andnceons and privileges oonnected with the
developmen improrments of the city and port.
It hutheranee of these objects, and after tosj and metal
tonerdpflon, various properties have been purchased,in the
best porticos of the city. and where the progress of the intprover
man gives mmusuce or profitable media.
PROPiiRTIES ACOUIRED.
The properties which the Company have squired are ea
fellows
L The Jo! lett, property, compriaing about 2,81000 square feet
of building land, altitudes of et eds.
I. The Rue Imperial. property, oonsiding of emit 98,000
square fest.
S. The Catalans property, consisting of the Hotel, the Imperial
Club. Baths, bowies, and building plots, in all about 1,90000
scam feet
a. The Fred° property, wadding of building plots of about
1000 square feet.
It will be seen, on reference to the rasp, that the Compeny's
purshases comprise the lands to the north of the town as well as
thsee to the south, with • large extent of seaboard map' a
total of about 4,900,000 equate feet.
MARSEILLES. PROGRESS OP.
Mandiles, both to population and wealth the fret maritime
arty In France, tinntalos a dense population of more than
100,000 souls. During the past year 18.000 vessels, with a ton-
nage of upwards of 3,000.0b0 tons, enlaced sad lett the harbour.
Illaredlles commands it. commerce of the Mediterranean, en-
grains nearly the whcle trade with Algeria. and is the packet
defies for the Peninsular and Oriental Steam Company, the
Memegerles lapidaries. and other steem-packet semen's
trading with all parte of the world. It posfesees eommodious I
docks and warehouses. and, by railway, la in direct communi.
cation with all parts of ?woes.
The old harbour having been found inadequate to the rapidly
exwding commerce of the place, the new Harbour of La
..Tote, covering an area of St some, was constructed, and Is
constantly crowded with shipping. It is surrounded by broad
Q uays, with stately buildings on the north aide, and • new town
is rising rapidly in its immediate vicinity. mute 1800 three other
Melee have been constructed, named Du Lamm; (Urine, and
Napoleon, which will double the harbour accommodation of
Mansellies.
THE EMPEROR'S INTEREST IN MARSEILLES.
HI; sell known that his Majesty the Emperor of the Trough
takes deep interest in the welfare and prosperity of Marseilles,
endthe Metiers have strong reasons to believe Mathis Majesty's
gracious and special protection may be depended upon to aid any
enterprise having (like the would Compeer) the object of
developing the resources of the sift and accordingly app cation
Is intended forthwith to be made by the Directors to obtain the
valuable coneession for 'razing the Port St. Nicholas, and to
asks the new Catalans Port
RUE IMPERIALS.
By the °estimation of the Rue Imperials, which is 80 feet
with, and lined by important buddinp, a direct commusicatioa
bat been effected between the Rue Caneldf re, the Exchange,
the Anclen Basin or rid Harbour, and the new basin • or docks
afore mentioned. This has cowed the demolition of large
Nooks of houses densely occupied, which drcutestance, trus-
tier with the previous dencthoey of house accommodation.
modern the construction of new buildings absolutely neeessary
for commercial and residential purposes, and causes an eager
thalami for vaunt plots of building
JOLIETTE PROPERTY ACQUIRED.
In this quarter of the town. where the commercial require.
neelsof the growing population are so great, the Company has
mend about 57 acres of freehold et:tiding land, exclusive of
*eels, and this wrier exceptionally favourable eirounistansee.
kik u respect. situation and terms of payment.

ti:,
d'•

RUE IMPILETALIL PROPERTY ACQUIRED.
Mere than fid.oo) square feet of this land are in the Rue
finest street In Marseilles. The remainder
isill=nihe Quanta de la Joliette, commencing at the
Purl of La Joliette, and extending the whole length of the
cloaks, the Beam &Arline, the Port Napoleon, and terminating
▪ tits Basin Radoub. These lands are traversed by streets from
Mto II feet wide, la isonnection with the Rae Imperials by the
Boulevard Maritime, and are surrounded by an industrious and
thriviag population.
TERM OF PURCHASE.
The land will he handed over to the Company completely
broiled, with a I the streets and footpaths pared, drainage com-
plete, gas laid on, and provision made for the supply of water to
to topmest stories.
As by the conditions of the treaty for the acquisition of the
Joliette Estate, it is stipulated that six years should be given.
by which time the estate is to be covered with houses ; the op-
tion is reserved to the Company for the same period, during
which it may elect either to pa> the purchase-money in one sum,
st to make an annual payment of equal instalments, extending
ever a period of thirty years, with a fixed rats of interest and
dating hind.
PROFESSOR DONALDSON'S REPORT.
Before the treaty for this portion of the property was con-
cluded the perchseers secured the services of Professor Donald-
son late President et the Institute of British Arehitects) to per
▪ investigate the operations in peewees at Marseilles, and
the character and value of the sttea. A copy of his report
accompanies the prospectus.
CATALANS PROPERTY ACQUIRED.
The Catalans P:operties are In the Immediate neighbourhood
et the marine residence of the Emperor, and command a I
frontage to the UM of *Lout a mile in length. They are
admirably situated bothfor basineas premises and private villas.
BUILDINGS NOW ON CATALANS ESTATE.
Many thrst-class houses are already erected; a magnificent
hotel 'now open', having 140 rooms: and the Imperial Club
Mew In course of construction), of n hie architectural elevation,
surrounded with terra.* and gardens, all LIS out under the
government plan. There to an extensive bathing estabethnent,
eftslu frequented by more than Is. 000 bathers daily.
This district wilt undergo a radical improvement when Fort
131. Nichols, which separates the Catalan property from the
centre of the town, shall have been demolished, a new pert
constructed, and additional streets made, so as to render cam
piece the facilities for communication between the old and new ,
portions of to.
The monthe elpalitwny of the town of Marseille' engage, at thetr
own expense, to lay down gas, make macadamized roads, and
mare a proper water supply for the houses.
There are in this spark? about four miles of streets from 40 to
BO feet in width, which have been recently opened and lighted
with gas : and the Boulevard Is Cordons (74 feet in width and
lately opened for traffic) forms a continuation of the splendid
promenade of the Pratte.
The district communicates with the de Rive Name, the
meth* of the old port and of the comm.-rem of the town, by the
Boulevard de rEmperetw. All these important facts furnish
sisserseess of great success, and there can be no doubt that this
Portion of the Coropauy s properties will be sold at a price which ,
will Meld a very large profit.
THE PRA DO PROPERTY.
The Pride Lands are near the Routhern Railway Statism, in an
admirabte positlen, and well adapted for the establishment of
warehouses, shops, fie.
With Impeet to the value and prospects of these proPertdes. a
report by Mr. P. Horde, the well-know engineer, of Memento, ,
leeemPanke this prospectus, giving ample details thereon.
AMOUNT AND PERIOD OF PAYMENTS.
.The total meant of purchases is At.ggd.lea ; et this sum
.MIA" Payable by instalments spread over various dates
ad exteedine in part to a period of feu years, and only samba
e La* en taking over the estates, caution money being lodged
se me Meantime tor the due observance el the Company's mi-
Milt le therefore expected that with the aid of the
s borrowing powers, not more than Ate per share will
on those shares not folly paid up cut allotment.
••-• with comparatively small amount of capital, the sham,
rams have the advantap of profit derivable from dealing with
largo extent*: property.