The Express.
London, England, 1866-03-02 00:00:00

THE CREDIT PONCI6II and MOBILIZE at ENGLAND
=Veit CON.TENCTION with the AGRA mad MASTER-"
led), 'ad the NATIONAL Wit, will
BACEIVA ATP CATIONS for the CAPITAL of
THE IMPERIAL LAND COMPANY of
iplisiaLrs (Limited).
Capital, 000,0 elk In 80,000 Mares ai 11.3 mak.
Deposit on Apriestlis Al per ahem, en Allotment to pre there.
U Is not saticipshal that more than Ali par share will be
required in addition.
Interest at the rate al 10 per sent. per salaam will be paid
far the tint two years, for winch interest warrants, payable
haft-yearly. will be attached to the slue eertitleates. Alter the
two years, the profit income on reales of land already effected.
sad profit on further sales, will be applicable for diaribatloa as
dividend or bonus.
ME
Albert Grant, Esq., 111. T., DILIMP }
Directors ot the Credit Paw
W illtam Harrison, Esq., der and Komar d liagland
Edward Warner, Eft.. ILT., (Limited).
Colossi James Halland. 1 Directors al the Agra sad Mar
ilydatey Beopford. Seq., termans Bank (Limited).
less Neale McKenna,
B. M Esql.
ILT., Direetom of the Nations/ Bank.
enshaw, lbq.,
Haney law* . M.P..
Arrow. Mar Brother of the That,' BoaM.
Cialrablwarde, , Dire Mar of tire General iniptiou oar
i.rTitP",rancilreq , Director of the bfirptian Trading( Company
M. Ms& iiirerdia. Farb
of
M. Perrin Abbataact, Gerdy sad Beeretery the Chamber or
C=ea, Paris.
Aysnerivis. Chamberbia to the Emperor, asd Member
of the Chamber of Derail's.
F. prpmefl, i . Mos de Is Madeleine, Perk.
MUMS&
The Agra and MeMe's Bank (Welted). London sad Pads.
The Nations' Beak, Lesion, sad its Ilreasies In
The National Bent of iiverPool (iliPmt). Ur 017,001-
Maim Howbeit, Evans, and Co.. lb Nieholiwklall. IC.
M. Valiance and Tamale, Ihreatutreely Strand. and
Lombard Howe, Geargryard.
=OEM
Mesas. mulions, Yoruba and Damon, s, Locatard-sines. Ao.
Meters. Hill, Fawcett, and Hill, MI, Threadneedleutreet,
Mews. Laurens, 800, sad Parse, T, Angel-dealt. Tblogriortria*
street, EC.
lemma ta-Clitiw—m,. Peal Borba, lbaseilles Member or the
Conseil Glindral).
BIICILP2LRY (pro tem.)—
and Altred =01:11.
TraprweryVlEurs-17

ORDICTI 01 TIM ooxrAinr.
The Imperial Land Comm of Ilarealles (which has been
needy twelve months In wens of
asarileal setablished
wicks view of pareinnime and mot bad sad property in
the Itoportaas any of id aunties. the of the same, and the
esquisition of concessions end privilsa•• •••••c••d with the
development and improvements of the city and port.
Is furtherance of these objects, end after long and earetul
Investigation. various properties have been pureheeed, In the
best portions of the dty, sad when the proems of the improve-
ment,' gives assuramis of profitable remilte.
rsoriarims ACOMMID.
The properties whish the Company have method are as
follows
L The Joliette property, comprising about 2.1.44.000 pure feet
of bidldng land, izolusive of Wenn
I. The Rue Imperials property, omenang cd &boat 08,800
Knave feel
S. The Catalans mostly, *Desisting of the Hotel. the Imperial
Club. Baths, house,- and pion, In all aboat 1.800.080
Keen tort.
4. The
semen Prod° property, consisting of building plotsel bast
WWI fen.
It will be seen, on Mercies to the map, that the Company's
ounprise the lands to the north of the town as well IS
W6ll 0.8 Sb • sank. will a Wee eictsoli of esaboerd asking a
![t Itßßllttta total el shoat 491:00.000 feat
NlOOlll3B OF.
Memeltlek bobs In pepubber end wealth the ant maritime
site in trance, contains a dense population of more Nun
MOAN mals. Darin the put year 18,800 nue* with a ton-
nage of upwards of 1,0t0,000 tone, sabred and led the harbour.
lterseillea corareande the oommeree of the Mediterranean, ens
MUM nearly the whole trade with Aliens. and is the packet
station for the Plethililkir and (Mental beam Company, the
blemagebes Imperialles, end other steam-packet isompanies
ladies with all perin of the world. It poeseeme eolamodloas
docks and warehoosse, sod, by irelliway, is la direst comennis
adieu with all porn of /Team
The old barboar laving been found Inadequate for Ine
001111110110 et the place, the new Harbour col
Iro=goovering an area of 08 wee, was eaultrained, end n
constantly crowded with shipping. It Is surrounded by broad
gazing! nanny balldings on the north side, and a new town
is rapidly In lie Immediate vicinity. Mau 1800 three other
basins ve been eocietrueted, named Ds Carrel. dints.. and
Napoleon. which will double nu buboes. aceommodallon
Marseilles.
TII! =PERM! INTEMENT. IN 11.1.1•••"--

ts *ellknown that his Malady the Emperor of the Pram&
takes deep interest It the welfare sad prosperity of iderseillee.
and Ike Dine tore lavaew=turesaoss to Wave that his btejesdy's
redone and special may be depended upon to aid say
enterpthe having lke t►e present Comp's') the ablest of
developing Hu reemerged hy and lemma/nal apWleatios
la Wended forthwith to hemade by the Directors to obtain the
callable conesesks for taint elm led M. lfieloolaa, sad to
make the new Catalans Perk
R 173

the somerasbeesei the Ras Impede* vhish Is SO feet
wide, sad lined by Important headings, a direct eommuniestion
bra been eiessied Maeresr the flee (leeabbilm. the Madman"
the Loden Butner old Harbour, and the new basin, or docks
above mentioned. This hes mined the desoltUon of large
Moak, of houses densely occupied, which oterunutance, loge
ther with the previous &bispo) of home aseommodations
renders the construction of new buildings absolutely necessary
for cummerelal and residential purposes, and muses as risme
demand for vacant plots of bendiest land.
JOLIETTE PROPERTY ACQUIRED.
this quarter of the town, when the emamselal require-
I sent& of the growing population are so VP* the Company has
secured about 67 acres of freehold handing Sad exclusive of
streets, and this under exceptionally favourable eircumstanoes,
both as rupees situation sad terms of pa
RUE IMPERIAL?. PROPERTIrItUIRED.
More than 94,001 square feet of this land are in the Rue
lespeciale—the Simi street in Maresilles. The reminder
is situated In the and de la Joliette, commenelog at the
Port of La Joliette. and extending the whole length of the
docks, the Bum d'Arene, the Port Napoleon. and terminating
at the Wein Railoab. These lands are traversed by streets from
40 to to feet wide, is emeneotton with the Rae Imperial. by the
Boulevard Maritime. and are surrounded by as Industrious and
thriving population.
TIRII OF PURCHASIL
The land will be banded over to the Company eompletely
levelled, with all the streets and footpaths paved, drainage um-
piste, gu laid on, and provision made for the supply of water to
the topmost stories.
As by thiceonditions of the treaty for the acqutsitton of the
Joliette Estate, it is stipulated that six years should be given.
by which time the estate Is to be covered with home. ; the op-
tion is reserved to the Company for the same period, during
which it may elect either to pay the purchase-matey in one sum,
or to make an annual payment or equal Instalments, extending
over a period of thirty years, with a fixed rate of Interest and
staking fund.
PROFESSOR DONAU:SOTS REPORT.
Before the treaty for this portion of the property was eon-
eluded the purchasers secured the services of Rehabs Damid-
son (late President of the institute of British Architects) to per-
sonally invettigate the operations In progress at Marseilles, and
the character and value of the sites. • copy of his report
aseorapenise the promentria
CATALANS PROPERTY ACQUIRED.
The Catalans Properties are In the immediate neighbourhood
of the marine restdenes of the Emperor, and command a
frontage to the sea al Wont a mile in length. They are
admirably inflated both for business premise and private villas.
BITILDINGS NOW ON CATALANS ISTAI
Many tint-clam houses are already erected; a magnificent
hotel (now open), having 140 rooms ; and the Imperial Club
(now in course of soastraetionl, of n ble arthitestural elevation.
=grounded with terrace and gardens, all laid out under the
government plan. There is an extensive bathing establishment,
often frequented by sore than 6,000 bathers dolly.
This district will undergo a radical Improvement when Fort
St Nichols, which separates the Catalan property from the
sentry et the town, shall have been demolished, a new port
constructed. and additional streets made. so as to render sum-
piste the faeWthe for commuoication between the old end new
portions of the town.
The man eipollty of the town of Marseilles engage, at their
own exp •nse, to lay down gas, sake reseadamized roads, and
ensure a proper water supply for the houses.
There are in this ,nsarter about four miles of streets from 40 to
60 feet In width, which have teen recently opened and lighted
with gas and the Boulevard la Cordesie (7t feet In width and
lately opened for traffic) forms a continuation of the spiendid
promoted* of the Prude.
The district communicates with the Qua: de Rive _leave, the
centre of the old port and of the commerce of the town, by the
Boulevard de rEmpereur. All these important facie furnish
assurances of great success, and there can be nn doubt that this
per. lon of the Company's properties will be sold at a pries which
will yield a very large Profit.
THt PRADO PROPERTY.
The Prado Lands are near the Southern Railway Statist. in an
admirable position, and well adapted for the establishment of
warehouses, shops, de.
With respect to the value and prospectsof these properties, •
report by Mr. P. Porde. the well-kneels engineer, of alancilles,
accompanies this prospectus, giving ample details thereon.
AMOUNT AND PERIOD OF PAYMENTS,
The total amount of purchases ie £3,116,1e6 ; of this sum
,112,068.640 is payable by instalments spread over various dates
and extending in p irt to • period of 5 , years, and only £056.523
in cash, on taking over the estates, caution money being lodged
In the meantime for the due observance of the Compaq's en
gagements. It is therefore expected that. with the aid of the
Company's borrowhig powers, not more than tin per share will
be required on those shares not tally paid up on allotment.
Thus, with a comparatively groan amount o: capital, the share-
holders have the advantage of profit derivable from dealing with
• vary large extent of property
JOIJETTS PROPERTY RIESOLD.
As evidence of the value of the purchases, the Directors have
the malefaction to announce that they have already cooeladed
arrangements with an Aseetatioe of Malden at Marmilles to
transfer to them one of the properties (the Joliette property)
at a profit of about Mao®, such property and profits to be
paid for by annuities and sinking fund over a period of thirty
years, with option on their part to pay for the whole at any
time during Ave years, with an obligation on the part of the
contractors to deposit a um of fear minims of franca (4100.0001
as caution money, at fixed period. (the first instalment et which
was paid on the execution of the contract), and also to cover the
property with buildings within a period of five years at their own
cost.
The shareholder win have the benefit of this contract, and
from October, IBM, will receive the Scram derivable hom this
contract, via., the difference between the atimulties to be paid
and rushed by the tem , and this 1.000066 Joined to the ex-
=revenue from the CaWw estate, ea well as to the aaUeb
plea ea tardier mks during that period, will. it is
Gated, ab
et sale enable tat directors to matinee the payment of
the interest at 10 per eine per memo. but eagle them to de-
due parledisel beaver ea the panel called up.
As to Itee CAM= Propertv, huts regard to ft havorimina
position. the contra vs bas ofet tbe seeboard, the h
its alides it
prawns lier eoreeresttea el the mew port, sad general
lwlbeloeumilaa id Wear. deem rad gelade 'dam
slaw awl leareastallee Mans Nay also be anbeipated.