The British Press; or, Morning Literary Advertiser.
London, England, 1825-06-30 00:00:00

10 ROSPECTL'S of the ST. KATIIARINE DOCK
COMPANY,
Constituted a Joint-Stock Company by an Act of the 6th
George IV, 1825.
This important undertaking is supported by many of the leadinl
Merchants, Shipowners, and Traders of the Metropolis, who are
deeply interested in promoting its commercial prosperity.
Tlic necessity of giving to the public additional convenient wet
dock and bonding accommodation near the seat of business in:the
port of London, and of securing to it a reduction in the rates and
charges, has long been experienced. Moderate rates upon the land-
ing, housing, rent, shipping, &c. of goods, are essential for the pur-
pose of bringing this port nearer to a level, in point of expense, not
only with the other ports of the empire to which the privilege of
bonding is extended, but more particularly with the principal ports
of the Continent of Europe, which, in consequence of their lower
charges, attract a very large proportion of the trade of transit which
would otherwise resort to London.
The prosperity which cannot but attend that lucrative branch of
commerce, under the improved commercial code of the country,
especially if accompanied by a diminution in the port charges, must
be apparent from the great increase which, even under existing cir.
cuinstances, has already been experienced, since the passing of the
Warehousing Act, in July, 113—four-fifths of which increase has
been enjoyed by the port of London.
The London Dock is the only general bonding establishment
within three miles and a half from the Royal Exchange, and that
establishment does not afford accommodation for the increase of
trade which has already taken place ; still leas, therefore, can it
provide for the additional extent of business that may confidently
be expected to flow out of those enlightened principles of legislation
which are so eminently calculated to promote and extend the com-
merce and navigation of the British Empire, and make the Port of
London the emporium of the world.
The place which has been selected for the construction of the pro.
posed Docka, Warehouses, Quays, &c. which will be rurrountled
with walls, so as to entitle thein to all the privileges of the ware-
housing system and of legal quays, is situated between the Tower
and the London Docks, a situation unparalelled in point of eon-
venknce.

The advanced state of science in engineering and architecture,
with the present price of building materials, wili enable the pro-
moters of the measure, notwithstanding the comparatively limited
site, to afford to the public accommodation for warehousing, bond-
ing. and quay-room, nearly equal in extent to the London Docks ;
and from an improved construction of the warehouses, which will ,
be erected within a few feet of the margin of the docks and basin.
a very considerable annual saving will be effected in the expense of
.'labourage.
It is computed that the St. Katharine Docks and Basin will, with
great convenience, afford accommodation, annually, for about 1,400
merchant skips, including private trade Inditanen, besides craft for
I loading and discharging. Increased facilities will be afforded to
the ingtoss and egress of shipping by the improved application of
mechanical powers, by means of which ships and lighters, at a
very trifling expense to the Company, may. in the night as well as
by day, be locked In and out of tile docks during any period of
tide ; as the sills of the outward gates will be so constructed as to
provide for ten feet depth at low water, and from twenty-six to
thirty feet at the height of spring tides.
According to the estimates proved before Committees of Parlia-
ment, the total cost of the site, the purchase of buildings, leases,
and the carious interests concerned, including compensations and
expenses of carrying the Act into execution, will be about
1,350,000/. ; whilst the capital stock of the London Dark Company
amounts to upwards of 3.200,009/.
('alculating upon the above estimates of outlay, with an ample
provision for extraordinary contingencies and unforeseen demands,
including a reserve fund, and making large allowances for a reduc-
tion in the rates of the port, the prohts are estimated to be such as
wiU yield a highly satisfactory return to the subscribers on their In.
vestment.* The profits thus estimated may be anticipated with the
greater confidence, because the calculation proxeds on the suppo-
'Mon of an extent of business equal to only three-fourths of the
capacity of the proposed docks and warehouses, whereas it may
fairly be expected, that the inestimable advantage of proximity of
situation, and the attention which will be paid to every possible im-
provement in management, may secure full employment, and, con-
sequently, still larger returns to the proprietors.
(lie Act provides for tl.e payment of interest to the subscribers
upon their instalments, after the rate of 4 per cent. per annum, until
the works shall have been completed.
A deposit of 5 per cent. upon the sums subscribed has been made ,
and upon payment of the first call, a scrip receipowill be issued to
the proprietors; after which, sales of shares may take place.
The calls are limited to 10 per cent. upon a two months' notice.

No person will be answerable beyond the amount of stock stand-
ing in his name.

At the expiration of one gear, to be reckoned fmm the opening
of the docks for buginess, a dividend will be declared and paid, and
after that period half-yearly, regard being had to the creation of a
reserved fund for repairs and conungeneies.
An account of the concerns of tke Company for the preceding
year will be laid before the proprietors at the annual uteetings, and
may be inspected by them a few days previous to such meetings.
The direction is composed of the following Gentlemen :
THOMAS TOOKE, Esq. CHAIRMAN.
G. 0. DE H. LARPENT, Esq. DEPUTY-CHAIRMAN.
James Alexander, Esq. M.P. I Sir John Wm. Lubbock, Bart.
John Ww. Buckle, Esq. John Horsley Palmer, Esq.
George P. Harclay, Esq. John Diston Esq.
Wm. Crawford, Esq. Henry Rowley, Esq.
George Carr Glyn, Esq. Wm. Sampson Esq.
Charles Pascoe Grenfefl, Esq. Alderman Thompson, M.P.
Lyon A. Goldschmkit, Esq. Andrew Henry Thomson, Esq.
Wm. Haldimand, Esq. M.P. Thomas Wilson, Esq.
John Benj. Ileath, Esq. Fletcher Wilson, Esq.
JohnHodgson, Esq.

Ta EASlTlElt—George Can Glyn, Esq., Lombard-street.
Szcziemy—John Hall, Esq., No. 6, Circus, Minories.
SOLlcrrott—Williain Tooke, Esq., Gray's Inn.
Gvrr Estorxr Ea—Thomas Telford, Esq., Abingdon-street,
Westminster.
_ _

ARCHITECT AND SURVEIYOR.:fiIiIip Hardwick, Esq., Great
Marlborough-street.

AU applications relating to the business of the Docks, &c. to be
made at the Office, No. 27, Austin-friars, until the Docks shall be
opened for busineu.

• The detailed examination and Report of a Committee upott
this important branch of the subject may be inspected by any of
the Proprietors upon application to the Secretary.

THE TIDE-MILL, AT DEPTFORD.
THE Governor. of Christ's Hospital, London, give
Notice, that • Committee will sit in the Counting-house of
the said Hospital, on FRIDAY, the Bth day of July next, to
receive Proposals for taking on a LEASE the OLD FLOOD
MILL and PREMISES, with an Osier Ground adjoining,
situate in the parish of Deptford, in the county of Kent, and lately
In the occupancy tit' Mr. Carver.
Particulate of the works to be done by the Incoming tenant for
rebuilding the mill, &c. and a plan of the estate, may be seen at
the Counting-bouse aforesaid, between the hours of ten and five
every dry (holidays excepted) where proposal. are requested to be
left on or before Wednesday, the fah day of July ; and all persons
treating for the same are desired to attend the Meeting of the Cons-
talon, to answer to their proposals.
THOMAS WILRY,
Christ's Hospital, June,l3,

GUARDIAN FIRE AND LIFE ASSURANCE
COM PANY.
At No.ll, LuitsARD.STRFET the Entrance of the Post-office,
London.

The principles upon which this Institution is founded have been
adopted after a ma:ore investigation of the practice of other Offices,
and will be found to combine advantages not hitherto offered by any
other Insurance Com; any.
The Assured of a certain standing participate in the Profits
every seven years.
A subscribed Capital, amounting to Two Millions, secures the
Assured from the responsibility attached to Societies for mutual
assurance.

Claimants may have their demands on the Company submitted to
reference.

No Charge made for Policies when the sum assured amounts to
3001. and upwards.

DIRECTORS.
RICHARD fitEE RA IKES, Esq. CHAIRMAN,
GEORGE LYALL, Esq. DEPUTY CHAIRMAN.
The Right Hon. John Garrett, Stewart Blarjoribanks, Esq.
Lad Mayor M.P.
W. C. Brandrum, Esq. Rowland Mitchell, Esq.
Wm. Copland, Esq. Robert Ilitford, Esq.
Wm. D. Demon, Esq. John G. Ravenshaw, Esq.
Sir T. Hanle Farquhar, Bart. Robert Rickards, Esq.
Nicholas Garry, Esq. John Shore, Esq.
Wtn. Haldimand, Esq. M.P. Edward Stewart, Esq.
John Haney, Esq. Andrew Henry Thomson, Esq.
George Jenner, Esq. John Thornton. Esq.
John Loch, Esq. John Tulloch, Esq.
John Martin, Lsq. M.P. James Tulloch, Esq.
AUDITORS.
Lewis Loyd, Esq.; A. W. Robarts, Esq. 31. P.; and
William Ward. Esq.
NOTICE IS HEREBY GIVEN,
That Assurance. which expire at Midsummer should be renewed
within fifteen days thereafter, or they become void; and that the
Receipts for -such Renewals are now ready for delivery with the
respective Agents for the Company throughout the United
Kingdom. WILLIAM WILLIAMS, Sec.

SUN FIRE OFFICE,
BUILDINNE, CORNEA! LL, I
otiose, LoxDox. NANA
CHANCES POLE
Sir Edmund Antrobus, Bart
Frederick Booth, Esq.
Henry Boulton, E.q.
Charles Boulton, Esq.
The Hon. P. P. doutterie.
William Burnie, Esq.
John Cockerel', Exl.
Thomas Dorrien,.Esq.
Thomas Damien.. Jun. Esq.
Charles B. Ford, Esq.
William Hamilton, Esq.
Edward Ilarman, Esq.

Established, 1710.—BAN X..
lUfd CRAIG'II-COUIT,CHARI NG-
XMAS.
:, Esq. Treasurer.
Ht. Hon. W. Huskisson, M.P.
Felix C. Ladbrolle, Esq.
II enry Lad broke. Esq.
1 C. Shaw Leferre, Esq.
The Hon. Hugh Lindsay,
111. P.
Charles lAttledale, Esq.
Henry Littledala, Esq.
John Pearse, Esq. M.P.
Brice Pearse, Erq.
1 C. George Thorson, Esq.
Junes Trotter, Esq.
JUNE 10, 1825.
.

t
All persons ln'ured in this Office, the Premiums on whose
Policies fall due at the Midsummer quarter. are hereby reminded
to pay the said Premiums, either at the Offices in hank-buildings,
Cornhill, and Craig's-court, Charing-cross, or to the Agents in
the country, on or before the ninth day of July, 1825, when the
fifteen days allowed by this Office, over and above the time for
which they are insured, will expire.
ll.* The above notice is given to prevent the Insured losing the
benefit of their Pdlicies, by omitting to make such payments in pro-
per time.
This Office insures against loss or damage by fire, all descriptions
of buildings, goods, wares, and merchandise, ships in harbour, and
in dock, craft on navigable rivers and canals, and goals laden in
the same; waggons travelling the roads, and their contents, and
farming stock of all descriptions. The premiums charged by this
Society are as low as the long experience of the Office has proved to
he compatible with the nature of the risks, and with a prompt and
liberal adjustment of losses.
No charge will be made for Policies in which the sum insured
amounts to 3001. and upwards ; and all losses by fire are paid
without any deduction. This Office pays for damage by fire from
lightning.
Persons may insure for more years than one, and in such 111111.
rances an allowance of t• pet cent. per annum, compound interest,
will be made on the premium, and duty received for every year, ex-
cept the fast; and as the duty amounts to one-half more than the
premium, on common insurances, the allowance thus made is equal
to 124 per sent. on premiums only.
The SL'N LIFE OFFICE insures at premiums, whirl), under
forty-five years of age, when the assurance is for the whole of life.
and under fifty-five as shorter periods, are considerably lower than
are generally esqaired.
•