The Express.
London, England, 1866-01-19 00:00:00

EGYPTIAN GOVERNMENT RAILWAYS
DhBENTURE LOAN for L 3,000,000 Sterling, lu Bonds of
£lOO each.
The loan to be redeemed within eight years.
The Bonds are divided Into sic series of 11500.000 each, Main-
visited by the Letters A, B. C, D, e, and F.
To bear 7 per cent. interest.
And the whole to be repaid at par by annual drawings of one

Serial in each Year.

The first aeries to be paid on the lst of January. 1469. The lad

on-the Ist January, 1874.
The receipts and revenues of all the Ezyptian Government
Railways are appropriated and assigned for the punctual pay-
ment of the capital and interest of them Bonds, awl the gap-
Mau Government is directly liable in case of any deficiency.
The Loan ls reunited for the further development of the
existing railway system. comprising the line from Alexandria to
Sue; which, by rapidly Increasing home and transit traffic, has
become insufficient for the requirements both of passengers and
110,41he514
The bonds, bearing interest from the lst of January. 1366,
are offered by Messrs. Fruhling and Goschen for public subscrip-
tion at the price of A. 22 for each Wilda £lOO, payable by instal-
menta, as follow..
ZS on application.
£lO ,„ allotment.
ato I, let March.
*AO 2nd April.
£l5 , lit May.
£lO lst June.
£lO 2nd July, less £3 10s. Coupon.
£lO lst August.
£l4 lst September.

.1192
Subseritiers will have the option of paying up in foil on any
day when an instalment falls due, under oiscount of 8 per scot.
per anuuui on the amount of such prepayments.
In default of payment of the respective instalments all pre-
vioua payments will be liable to forfeiture.
Scrip certificates to hearer will be exchanged against allot-
ment letters as soon as possible,
In the event of no allotment being made the deposit will be
forthwith returned.
In the case of allotments of £6OO, or a multiple of £5OO, the
allotment will be made in a proportionate number of hoods of
each series, in order to insure the repayment at par of one sixth
at every drawing.
Provisional certificates for each series, signed by his Excel-
lency Name Pacha, Minister of Public Works, have been de-
posited with Messrs. krabling and Goscben, and the bonds
themselves, which are to be in the form annexed, and to bear
the signatures ut his Excellency the Mini: ter of Public Works,
and of his Excellency the Minister of Finance, specially autho-
rised by his Highness the Viceroy of Egypt, will shortly be
ready.
Arrangements have been made for the regular transmission of
the requisite funds for the half-yearly interest and for repay-
ment of the capital to Messrs. kruhliug and Goechen.
Applications fur allotment to be addressed to Messrs. Fruh-
ling and Goscben, 12, Austlufriars : or through the Brokers,
Meier'. P. Canuove sad Co., 52, Threadneedle-street: and
Messrs. Robins, Barber, and Dailey, 2e, Threadneedle-street,
where prospectuses and forms of application may be obtained.
(Copy of Bond.)
Egyptian Government Railways Debenture Bond for £lOl
sterling.
Issue of 30,000 Debenture Bonds of ElOO each.
Divided into Six Series of 6,000 each, distinguished by the
Letters A, B, C, 1), E, and 1,,
One of which series will be repaid annually, beginning from the
Ist January, 1869,
By annual drawings,
Being a first charge on all the receipts and revenues of the
Egyptian Government Railways.
Series A being of 5,000 Debentures of £lOO each,
Interest at t 7 per cent. per annum, payable hall-yearly, on Ist of
No. 1. January and tat of July.
The Government Department of Egyptian Railways (adminis-
tering all the government railways of Egypt:, by his Excelleuey
?Inbar Pacha, Minister of Public Works, and Director-Geueral of
Ruch Department, with the special consent and authority of his
Highness Ismael Pacha, Viceroy of Egypt, Both hereby bind and
oblige the said department tot" th. payment to the bearer of
the sum of £lOO sterling money of Great Britain, at the date to
he determined as hereinafter mentioeed,at the othees of the said
department, at Cairo, or at Messrs. 11. Oppenheinr, Neveu and
Co., at Alexandria, or at Messrs. Fruhllng and theschen, in Lon-
don, at the option of the bearer, together with interest thereon
in the meantime, at the rate of £7 per cent. per annum, in ster-
ling money of Great Britain, payable on the lit day of Janua.y
and the Ist day of July In each year, on the presentation of the
annexed Coupons at the offices of the said Department at Cairo. •
or in Alexandria, or In London as above, at the optiou of the
bearer.
The repayment of the principal secured by this debenture
bond will be made as follows .e month previous to the Ist
January. 1869, and to the lst January in every subsequent year,
a drawing shall take place In London, in the presence of a re-
presentative to be named by his Highness the Viceroy, and of a
notary public, of one of the 6 series of 5,0e0 bonds, and all the
bonds included in the aeries so drawn shall then be paid off on
delivery of the said bonds with the coupons not then due. The
last series will be paid off on the let January, 1e74.
No interest will he paid on any bond after the date on which
the principal shall be payable as aforesaid.
And the sad Department sloth hereby, with such special con-
sent and authority as aforesaid, appropriate and assign all the
receipts and revenues of all the railways of the Egyptian
Government for the payment to the bearer oethe mount of this
debenture bond, and the interest payable thereon as aforesaid.
In the event of the receipts and revenues of the said railways
being insufficient to pay the said principal sum and interest : It
is hereby declared, as testified by the sigu.ture hereto of the
Minister of Finauee, that the Egyptian Government, being the
proprietor of the said railways, is directly liable to the payment
, of the said principal sum and interest to accordance with the
terms of this debenture bond.
Dated Cairo, this day of 1846.
As witness the hands of the undersigned.
By special order of his Highness the Viceroy of Egypt.
The Minister of Finance.

(Signed)
Ey special autherisotion of his Highness the Viceroy of
Egypt, the Minister of Public Works, and Director• General of
the Railways of the Egyptian government.

9i6ned)

EGYPTIAN GOVERNMENT RAILWAYS DEBENTURE LOAN.
YORE OP APPLICATION.
To be forwarded to Messrs. Fruhliug and Coacher'. 12. Austin-
friars, after payment of the preliminary deposit to the Linkers.
DO.

To Messrs. Fruhling and Goachen.
Gentlemen,—lluving paid at the Chief Cashier's Office, Bank
of &Wall& the sum of L , I hereby request that you
will allot me of the Egyptian Gove.riimeut Itaiieays
Debenture Loan, and I hereby agree to accept the same, or any
smaller amount that may be allotted to me, end ,0 pay the fur-
ther sum of £lO per cent. on the same when allotted.
I am, gentlemen, your obedient servant,
Signature
Address iu full
Date