The Express.
London, England, 1866-03-01 00:00:00

THE CILZDTP rowan' sad MOBILDIR at INGLAND
M, In CONJUNCTION with the AGRA and MASTER.
'Stad) BAIL (Limped), and the NATIONAL BANI. we
REMITS APPUCAITOIS for the CAPITAL of
THE IMPERIAL LAND COMPANY of
mAkiiimirs (Limited).
Capitol, 1t1,600,000, to 80100 Shams of Alo mob.
DspoOlt on Application Al gm share, on Allotment 14 per Mere.
It I not of tleipated
rethatquiredin more
adation.than &I per share will be
Interest at the rate of 10 per cent. per annum will be paid
for the first two years, for whisk intend warrants, payable
halt-yearly, will be attached to the share certificates. Alter the
two years, the profit income on mettles of land already effected,
and fit on farther sales, will be applisable for dittribaMen se
NrWeodorbonus.
Di311117/0113.
Albert Groat, Req., M.P., } Directors of the Credit Yon-
William Morison, Esq.,
der and Mose of Ingland
Deward Warner, IL P., (Limited).
Colonel Jamie H 1. Directors of the Agra and Mar
J . Sydney eopford, Km., f tames Bank (Limited).
Joseph Neale MaKenns, lisq.,}
Y.P., Directors of the National Bank.
t I. Menshaw, Isq.,
Haney Lewis, Ifiq, ILP.,
Min Arrow, Misr Brother of the Trinity Horne.
lidwards, ~ Direetor of the General Irrigation Corn-
y ( ).
J. Larkin of ?ranee g
Req.,, Merger of the 11.7ptien Trading Company
..

(iimlT•6l7
IL Indio a/ Otrardln. Pula.
Y. flovarin Abboanacd. WOO and Smealstry of Was Cuba of

418 alllollllollloloBlllor, med Mender
et the Chamber of
M. 18. pajama, Le, Place de la Madeleine, Paris.
RASLISS.
The Agra and eisaterman's Bank (Limited), London and Pula.
The Hatimal Beak London, end lb Branches in behind.
The Haliccal bank of Liverpool (Limited). ldverPool.
SOLICITORS.
Yeses. lteelvon, Wend and Co., 2d, Nisholse-lane, KC.
Maws. Vallanoo and Iranian., lissezeireet, illrand, and
Lombard Home, Gecege-yard.
SWUM
MOM. Mullen', Marshall. and Dania B, Lombeed-cheek
Marrs. Hill, Fawcett, and 11111, 29, Threadneedleelreek B.C.
Maim Laurence, Bon, and Poem, 7, Angel-sure, Throgatorion
street, LC.
BM QiNms-li-Calir—lL Paul Horde, MaresUles (Member of Mr
Conseil General).
lISCRITART (pro tem.)—Ailred Lewd Msg.
Temporary see--18 and 18, Ocenhill.

OBJECTS OF THE COMPANY.
TM Imperial Land Company of Marseilles (which has been
nearly twelve months to Donne of animation) is
prestabopertylished
with a view of parehming and acq land and in
the important city of Marseilles, the •of the same, and Me
asquidtion of concessions and privileges sonneeted with Me
development and improvements of the idly and port.
furtheranee of these objects, and after long end eared
Inereqpition, aerials properties have been purchased in the
bast portions of the city, andwhere the program of the Gonne-
meats gives measenee of profitable remits.
PROPERTIES ACQUIRED.
The properties *bleb the Company have amislred ars as
Mews :
1. The Joliette property, complains abort Nlll4l/2000 Rome feet
of betiding land, exclusive of Presto.
2. The Rae Imperials property, sonslang a oboist 06,000
S.
Lek.
a-▪ •Wilma DroPerty, modeling of tbe Hotel, a• Imperial
Mb, Bathe. houses, end bending pole, to all Moab 1.1100,0e0
ware f
4. TM eeL
Prude proper*, eacalstlng of building plots of sheet
WOW square feet.
It will be seen, on referees, to the map, that the Company's
Mlacomprise the lands to the north of the town es well ea
thoes the south, with • large extent of seaboard; nurse •
total of shoot 4.900,000 square feet-
MARSLILLES, PROGRESS OP.
Mereedlek both in populatioa and wealth the first maritime
day in Frame, Genuine a dense population of more than
1110,000 souls. During the pest year 18,900 mesh, with a ton-
nage of upwards of 0,000,000 tom, entered and left the harbour.
Marseilles eommands the emuneree of the Mediterranean. en-
grosses nearly the whole trade with Algeria, and is the mast
ARM' for the Penhsealer sad Oriental Seems Company, the
HemallloMe Impadeles, and other steam-phoket sompenice
Wading with ell parte of the world. It p 011161.91 4110[11OUXUOIU1
docks and warehouses, end, by railway, ls la dhotis essameni-
eatlon with all parts of Prunes.
The old harbour baring been found Inadequate for the Tepidly
esding eommerce of the place. the new Harbour of La
Jo&Ue, severing an arm or amok was emestreeled. and le
eonatantly erowded with shipping_ It is surrounded by broad
qusgssiarlth stately buildings on the north side, and • new town
Is rapidly la Es immediate el/daily. IEIO three other
Mains es been eonstrasted, named Da ,
lawst, &Averse, and
Napoleon, whisk will doable the harbour ansoinntodatton of
Marseilles.
THE EMPEROR'S nrrisll67 I 3 ILi3SRILLIE.
It is well known that his Sapid, the Emperor of the Preach
takes deep !nines* la the welfare and prosperity of Marseilles.
widths Dlreeloesbeve strong resmeeto baba. that by Mepery's
swim and @postal, protreetim may be depended upon to aid any
enterprise having (like the present Coa:epothae oh set of
developteg the reepourese of the silty, and on
tntended forthwith to be aside by WI Dtreekee be the
minable measteamalograing foe Ned It
make Wm mw •
RIM 111111111 ALI.

Ey the anealruelionof the Rae Imperials, which le he fed
wide, and lined by important balidlors, a diced eontintmication
has been effeeted between the Rue Cenobites, the Exchange,
the Anden Bala or old Harbour, and the new basins or docks
above mentioned. This las owed the demolition of large
blocks of houses densely °ampler, which documstance, toge-
ther with the prsirlou &dollen', of house emocamedation,
renders the construction of new buildings abeolutely new/scary
for commercial and residential purposes, and ewes an eager
demand for sweat lots of building land.
JO PROPERTY ACQUIRED.
In this quarter of the town. where the eoramercial require-
ments of the wowing population are so , the Company has
sewed abot 64 acres of freehold building great land, exelualve of
streets, and this under exeeptionally favourable eircuiestaasee,
both as respeetau situation end terms of payment.
RIII IMPICJILALL PROPERTY ACQUIRED.
More than 1)8,005 square feet of this land are in the Ins
hepertele—the
the
Argot in Ifaresilles. The remainder
is situated in the Quartier de la Joliette, eoramenoing at the
Port of La Joliette, end extendlog the whole leneh of the
docks, the Basin d'Aritne, the Port Eapolson, and terminating
at the Buhl Radoub. These lands are traversed by streets from
NI to 40 feet wide, hi eonnection with the Rue Imperial. by the
Boulevard Maritime, and are surroanded by an indastriom and
thriving population.
TERM 07 PURCHASE.
The land will be handed over to the Company completely
levelled, with all the streets and footpaths paved, drainers *am-
plete, gas laid on, and provision made for the supply of water to
the topmast stories.
As by the conditions of the treaty for the *middles of the
Joliette Estate, it Is stipulated that six years should be given,
hy width time the estate is to be covered with house, the op-
tion is reserved to the Company for the same period, during
which it may elect either to pay the purchase-money one sum,
or to make en annual payment of egad Instalments, extending
over a period of thirty years, with a fixed rate of interest and
sinking fend.
PROVER 0R DONALDSOIEB REPORT.

Before ike treaty for this portion of the property was am-
ended the purehaeers snared the Donna or Protestor Donald-
son late President el the Institute of British Arehltects* to per-
investigate the operations In progress at Mansilles, and
the r and value of the sites. • copy of his repast
moompenies the prospectus.
CATALANS PROPERTY ACQUIRED.
The Catalans Properties are in the immediate neighbourhood
of the marine residence of the Emperor, and command a
frontage to the lea of about • mile to length. They are
admirably situated both for business premises and private villas.
BUILDINGS NOW ON CATALANS &STATE.
Many first-clam houses are already ceased; a t
hotel (now open), having 140 rooms and the Ise al Club
now In course of eoustructlon), of mble 'malted elevation,
surrounded with terrace and gardens. all Lit Oct under the
government plan. There is an extensive bathing establishment,
often frequnted by more than 6,000 bathers daily.
This district will undergo • radical Improvement when Tort
Nicholas, which separates the Catalan property from the
metre of the town, shall have been demoliahed, • new port
*lnstructed, and additional streets =de. so as to render WM-
/Ade the feeilithe for communioation between the old and new
portions of the town.
The menleipality of the town cd Marseillen engage, at their
own expense, to lay down gas, make inseadamized roads, and
ensure • proper water supply for the houses.
There are in this quarter out four miles of streets from 40 to
60 feet In width, which have been recently opened and lighted
with gas ; and the Boulevard la C,onlinie (77 feet in width and
lately opened for traffic) forms a 'continuation of the splendid
promenade of the Pr do.
The district communicates with the Qua! de Rive Wenn, the
centre of the old port and of the commerce of the town, by the
Boulevard de TEmparenr. All these Important facts furnish
assurances of great success, and there can be no doubt that this
port ion of the Company's properties will be sold at a raise which
will yield a very large profit.
THE PRADO PROPERTY.
The Pried° Lands are near the Southern Railway Station. in an
admirable position, and well adapted for the establishment of
warehouses, shops, de.
With respect to the Tlalle and engineer, these properties,
report by Mr. P. Borde, the weli-knovns of Marseilles,
meompanka this prospectus, giving ample details thereon.
AMOUNT AND PERIOD OP PAYMENTS.
The total amount of purchases is /.3,316,1611 ; of this sum
£1,e66640 is payable by instalment' spread over various dates
and extending in pert to a period of fo yams, and only £e68,613
in gash, on taking over the estates, caution money being lodged
in the meantime for the due observance of the Company's en
gsgements. It is therefore erpeeted that, with the aid of the
Company's borrowing powers, not more than £lO per share will
be required on those shares not fully paid all on allotment.
Thus, with a onesparatively email amount of capital, the share-
holders have the advantage el moth derivable from dealing with
• very large extent a property
JOLIETTE PROPERTY RESOLD.
As evidence of the value of the purchases, the Minton have
the satisfaction to announce that they have already concluded
arrangements with an Aunlation of Builders at Marseilles to
transfer to them one of the properties (the Joliette property)
at a profit of about £ooe,ooo, such property and profits to be
paid for by annuities and sinking fund over a period of thirty
tmmears, with option on their part to ply for the whole at any
st during five years, with en obligation on the part of the
contractors to deposit a sum of four millions of francs (L 100.000)
asmama money, at fixed peeled. (the Bret instalmeet of whisk
wee paid on the ereeution of the contrast). and also to cover the
property with buildup within a period of nee years at their own
The shareholders will have the benefit of this contract, and
from October, 1867, will receive the income derivable from this
'entreat vie.. the difference between the annuities to be paid
and received by the Company, and this Imams toned to the ex-
isting revenue from the Cat Mens estate, as well ea to the =Met-
man profit on further sales during that period, will. ft la med.
mated, not only enable the directors to centhme the payment of
the intermit et 10 mrr trent p6T annum, hut enable them to de-
alers perindlasl boons" on the medial called up.
As to the Catalan property, having regard to its Important
fireflies. the command it has of the sea-board, the fa tiles it
presents for ceastrastieu of the new port, and tie general
adaptability teethe formation of streMa. MIMI. and private Tam
alarge sad remunerative :Mara miff also be eabsibabod.