Northern Times.
Liverpool, Merseyside, England, 1859-01-03 00:00:00

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MODEL PADDLE
"COUNTESS."
The Public are respectfully informed that this very
BEAUTIFUL MODEL STEAMER
Is to be DISPOSED OF by SUBSCRIPTION.

STEAMER

The Countess is about 10 feet long, and is enclosed in a neat
glass case, resting on an exceedingly strong wooden frame.
Tickets, ss. each, may be had of Mr. Fearnall, Church-lane; Mr.
Towndrow, 20, North John-street ; Mr. Riley, 75, Byrom-street ;
Mr. Yeatman, 16, Derby-street; and at 38, St. Anne-street, where
the Model may be seen.

ER-POOL MARINE -SOCIETY.—Notice is hereby
MEETING
j -givew,,
ffic tat the ANNUAL GENEAL will be
held at the Oh e s e of the society, 48, Castleß-street, on Tuesday, the
4th January, 1859, at One o'clock.
Members are particularly requested to attend. -- -
December, 1858. SAMUEL MOSS, Secretary.
OST, on. Sunday, the 26th December, ..between Hope-
street and Ai'-road, a dark blue PURSE, with steel
cads, containing about £3 in gold and a small silver key.
Whoever will bring the same to the Northern Times office will
receive a Reward.

(PROSPECTUS.)
THE MERSEY GRAVING DOCK COMPANY
(LIMITED).

Capital £BO,OOO in 1,600 sh'ares of £5O each.
Deposit of £lO per share.

''T• I. DIRECTORS.
.John Palmer Palmer, Esq., Chairman.
Francis Anderson Clint, Esq.,- Deputy Chairman.
James Beazley, Esq., 1., William Donald Eyrie, Esq.
George Robert Clover, Esq., 1 Joseph Younghusband, Esq

BANKERS
The Commercial Bank of Liverpool
SOLICITORS.
Messrs. Carson & Ellis, Talbot-chambers, Fenwick-street, Liverpool

Messrs. HarmOod Banner ai;ei7d;;,-North John-street, Liverpool

SECRETARY PRO TRM.
Mr. Harmood W. Banner
The Mersey Graving Dock Company (Limited), has been incor-
porated under the provisions of the Joint Stock Companies Acts
1856-1857. The objects of the Company are the Building, and
more especially the Repairing, of Wood and Iron Ships, of every
description; and with these objects in view, negociations have
been entered into with Messrs. Clover and Royle, and Mr. William
Ashley Clayton, for the purchase from them, of their several leases
of the extensive Graving Docks and Yards at Birkenhead, held by
them under the Corporation of Liverpool, and also of the Tenant-
interest of Messrs. Clove': and Boyle in premises -in- Baffin-street,
and yEtna-street, Liverpool, and of all plant, machinery, and stock
in Birkenhead and Liverpool, belonging to the above parties, and
of the goodwills of their business; and Messrs. Clover and Boyle
and Mr. Clayton, are now willing to transfer the 'same upon terms
which appear to the Directors -very advantageous to the'Company.
The Corporation of Liverpool (the lessors of the premises at Birken-
head), will give their consent to the tranfer of the leases.
The above Graving Docks, lying between Monks' Ferry and
Woodside Ferry, afford great advantages, and are sufficiently capa-
cious to accommodate at one time from 9,000 to 10,000 tons of ship-
ping for repairs. They contain over 30,000 square yards of land,
of which 14,000 yards are dock and water space.
he Buildings form a massive pile of stone and brick building,
300 teething by'so feet wide, and comprise" lofts; rigging-rooms,
and workshops for joiners, blockinakers, smiths, and bodermakers.
There are also engine' houses, foremen's cottages, and stables on
the premises. The stock' on the premises is very large, comprising
an ample supply of materials necbssary for the trade.
The average rentals are under 2s per square yard, including co
of warehouses and workshops. st

The dues charged on ships entering these docks, are those fixed
by the Mersey Docks and Harbour Board.
There is little or no tidal current in the river between Woodside
and Monks' Ferries, and experience has proved that the largest
ships can be easily docked and undocked at these yards in all
weathers. •

The premises in Baffin-street and .Etna-street, in Liverpool,
where Messrs. Clover and Doyle have for many years corned on an
extensive business in repairing ships, will, it is considered by the
Directors be a valuable adjunct to the undertaking.

The Company being essentially a ship repairing company, and
the profits divisible amongst the shareholders, shipowners becom-
ing shareholders will receive, in the dividends, a per tentage of the
money expended in their own vessels, whilst the work will be
efficiently and economically done.

It is contemplated that Wider the supervision of the Directors the
practical management of the business of the company shall be con-
ducted by Mr: Clayton and Mr. Joseph Boyle.
The Dtrectors having made the most careful inquiry into the
nature of the bushless, the capabilities of the docks and yards, and
the estimated profits, anticipate a remunerative yearly dividend
upon the capital of the Company; and the fact that many extensive
shipowners have already taken shares, is a guarantee that the Com-
pany may at all times reasonably expect a steady and increasing
business.

Applications for shares, in the annexed form, must be addressed
to Harwood W. Banner, Esq., 24, North John-street, Liverpool, on
or before the 15th of January next.

SHARES.
MERSEY GRAVING DOCK bOMPANY (LIMITED).
TO THE DIRECTORS OP THE MERSEY GRAVING DOCK COMPANY (LIMITED).
Gentlemen,—l request that you will allot me shares of £5O
each in the above Company, and I hereby agree to accept the same,
or any less number you may allot to me, and to pay the deposit of
£lO per share thereon, and the shares so allotted to me to be subject
to the rules and regulations contained in the memorandum and
articles of association, registered pursuant to the Joint Stock Com-
panies Act 1856-1857.
Dated this day of 185

FORM OF APPLICATION FO

Name--
Address...
Occupation

*surance

THE LIVERPOOL AND LONDON FIRE AND
LIFE INSURANCE COMPANY.
New Offices—Ho. 1, DALE-STREET. •
SUBSCRIBED CAPITAL, £2,000,000.

1856. 1857. 1857.
£222,ooo—Fire Premiums .. ; . £289,000 .... Increase.. .L 67,000
72,780 . Life.. ... ... 110,900 .. .. Increase..... 38,000
17,338 Life Annuities .... 27,000.....1ncrea5e..... 9,600
820,000 1 Funds accumulated
and invested
_1,088,000.... Increase . .. 268,000
The Income of the Company nom exceeds £450,000 a Year.