The Sun.
London, England, 1864-06-23 00:00:00

COAL 1L
Prices of Coal per Ton at
a. d.

Byass's Bebside West
Hartley
..
Holywell 11 3
66 6
Eden Main .....16 3
West Hartley l6 3
Hastings Hartley l6 3
Tar.field Moor 14 0
Thuileld Moor Butes 14 0
W alker Primrose 13 3
Wylam 16 6
Cowpen Hartley 16 3
Buddle'sWest Hartley 16 3
North Pelton Gas, 13 0
Ships at markei

Foreign Mail Packet List.

MAILS DUE.

s. d

Australia and Mauritius, via Southampton . . Juno
via Marseilles .. July 14.
Brazil and Cape Verds, by British packet. July 5-I
Cape of Good Hope, Ascension, and St. Helena.. June 29
China, Penang, and Singapore, via Southampton. June—•
via Marseilles ... June 27.

Falkland Islands
Gibraltar, via Southampton June;—.
India (Calcutta), and Ceylon, via Southampton June—.
via Marseilles June 27.
India (Bombay), via Southampton .. June 25.
via Marseilles July 5.
Portuga 1....
Malta, .Egypt, and Aden, via Southalupton .....
:J.Tuuy; —5 .

via Marseilles ........
Newfoundland .. June 22.
Oporto and Vigo .. . ..............
U. S. and British N. America, by
Canadian
n Brit.a (Ipi al;
packet.e t . . . . June
june 3204..
by U.S. p
acket....
All parts of West Indies, including Chili, Peru, 1
California. and British Columbia.. June 28.

What t, 'Happy Land" can I see you after the
on of One HAPY LAND
whh •
vAhnic Opert7
i„,4 Gentlemanly mayknew Sup—EYANS' P ,
COVENT-
`-`', my dear fellow!

188t1E of £300,000 MORTGAGE DEBEN-
TURES of the CITY OFFICES COMPANY (Limited`,
Special Mortgage, being a first charge upon City
ZieLondon Freehold and Long Leasehold Property; and the
the Yinent of both Principal and Interest guaranteed _
(iredit Foncier (Limited) and Credit Mobilier (Limited).by

DIRECTORS OF THE CITY OFFICES COMPANY
11. F (Limited).
pane L• Astley, Esq. (Messrs. Astley and Co.), Nicholas-
Tho
ChaAl4B Dakin, Esq., Alderman, Abchurch-lane.
„. es Etßs, Esq., Lloyd's.
es Levick, Esq., King's Arms-yard.
4ward Isfasterman Esq. (Res •rs. Masterman, Peters, and
0.), London.
Gard Warner, Esq., M.P.
The..,Westmorland, Esq. (C. Jovce and Co.\ London.
lqht lion. James Stuart Wortley, London.
the BANKERS.
.gTa and Masterman's Bank (Limited), Nicholas-
lane, E.C.
SOLICITORS.
AtlarS. Hughes, Masterman, and Co., Bucklersbury.
~ssrs. Edwards and Co., Westminster.
4lessrs. Newbon, Evans, and Co., Nicholas-lane, Esq.
Ites, BROKERS.
lite.„l.B.
FieldersLarce, Son, and Pearce, Lothbury, E.C.
,„frB. Son, and Wood, 9, Warnford-court, Throg-
1t..80a street, E.C.
`.°
1.1 Robins and Barber, Threadneedle-street, B.C.
SECRETARY.
G. W Benwell, Esq.

The PROPOSAL AND TERMS OF rSSUE.
Credit Fonder (Limited), in conjuction wi h the Credit
AZlller (Limited), are prepared on behalf of and as Financ, al
k7l is for the City Offices Company (Limited), to receive
1144F,:iptions for £300,000 of Mortgage Debentures at par.
4)0%1)Y the City Offices Company (Limited), in sums of
ahn 250, £5OO, or £l,OOO, bearing interest at 5 per cent. per
for five years ; at the expiration of which term the
,h,tentures will ae terms are— be paid off at par.
'
2, Per Cent. on subscribing,
20 on let August. The whole amount
2) on Ist September. or may be paid at the
20 on Ist November. time of subscribing
on Ist Jo-unary, 1365.
4100 Total.
tioll!e Bankers are frastruoted to decline all further Subscrip-
h° when the sum of .£300,c00 has been subscribed.
48,_t.erest at 5 per; cent. per annum will be allowed on each
eklairoent from ,he date of payment thereof, but the whole
10.1.1nt ot each. Debenture may be paid up on subscribing,
IllNil', in that car4e interest on the full amount of the Debenture
eummen.ce from that date. Instalments not duly paid.
A 6: lender previous payments liable to forfeiture. Provi-
Ari 444 Ceklificates will be issued until the last instalment be
Isch"' Visit the Debentures will be given in exchange for
td ,CertifiCates ; where, however the Debentures have een
it„,.. lull at once on, subscribing,, they will be delivbered
'cuate Y.

Vcr INTEREST—WHEN AND WHERE PAYABLE.
tacharrantS or Coupons for the interest will be attached to
bebenture, payable quarterly, viz., on Ist October, Ist
ItintLrY, lst April, and Ist July in each year. The Coupons
24 be payable at th. 2 Agra and Masterman's Bank (Limited),
tholas-lane.

SECURITY.
/),T•11.? the specific terms of these Debentures they will be a
'Of t'ht Charge on the whole of the undermentioned propertie ;
Company, the Company reserving to themselves lull
tait",',ef:s of Leasing and Management in such manner as they
think beneficial.
1114 e ;he Freehold Premise 25, 25A, 26, 27, in Clement's-
calt4-Lombard-street, with Nos. 9,10, and 11, in Nag's Head-
• and 3,4, and 5, Church-court ; the whole will form a
i-?,lisent block of new Premises.
Atm e well-known Leasehold block of New Offices, situ-
str;427, Leadenhall-street, and extending back to Lime-
feo,,-square ; it has been erected within the last three years
firsi4l,lle designs of John Wichcord Esc. and contains 120
and 'ass Offices, with four shops; ha fire-proof corridora
ke,,,stone staircases, and possesses the most modern improve-
-4411'11,.:. The lease is for 94 years, at a ground-rent of £750 per
3. r
ye), he handsome edifice erected within the last seven
Ate3,B,, John esigns by John Barnett, Esq., Architect, for
11111,-,448* Sari and Sons, and situated 17 and 18, Corn-
,`,;rectly opposite the Bank of England. These premises
11;.'eaaehold, held for 60 years, at a ground-rent of £6OO per
T9ll
treas c new and substantial block of offices, situated No. 63,
Are " Tower-street, near Mark-lane, erected within the last
11.„,„? Years, and built in the most substanlial manner. It is
efirld, and contains 55 office , besides vaults.
1485 one of the larizest blocks in the City. and is situate in
6,°Psgate-street Within, opposite St. llelen's place, and
Cope centre adjoins Gresham House ; this property, when
ran red, will comprise the largest and most conveniently ar-
kro4„, offices in the City. It is leasehold for 99 years, at a
13, 'mi-rent of £4,000 per annum.
11184' he Preenold propertWithin.y, adjoining the above property in
°Psgate-street
The VALUE OF SECURITIES.
},,,,,Wh01e of the properties, Nos. 1,2, 3,4, and 5
i,7Pre-mentioned, have been purchased by the
al Offices Company (Limited), for the sum ot £365,000
„ dition to which they have since acquired No
I,`"land some other interests , say
value au estimated outlay for new
buildl°o in sourse of erection on sites Nos. 1,
and 6, and alterations to No. 3

- which add for addition ,1 contingent outlay,
say..
. •

Making a total of

32,000

99,000

£487,000

13,000

£500.000

Of INCOME AND REVENUE FROM SECURITIES.
ga, his sum £300,000 is the amount to be raised on mort-
th6e Debentures, the remaining v_ 0,000 being provided by
The City Offices Company out of Share Capital.
"e Whole of the Properties are adapted,
,end let, or to be let, for Mercantile and
'Waking Offices, clrc., and the gross in-
?,ome. including the rentals of the New
Buildings in course of erection, is esti-
-I,Allated at

.. £59,000 per annum

duct for Ground Rents and Sinking
Fund (on the Leasehold portion), In-
surance, &0., say

13,000

Leaving £16,000 per annum.
available as Securi y for the Interest re-
iTish.ect on the .£300,00J Debentures to be
o,Yed ; the amount of interest so re-
-Ired at 5 per cent. is

4444,
di dig a Surplus Income available for
ridend on the £2O 00 Share Capital
1)t ..................... .................. £31,0f 0 „
I „ GUARANTEE OF CAPITAL AND INTEREST.
Itc, addition to the above-mentioned properties, and this
bale Purplus both in value and income, and the covenant
l in e ch Debenture by the City Offi es Company
taalited), to duly pay both principal and interest which cove-
filt," la secured by its large uncalled capital., the punctual
qirilent of these Debentures will be further secured by the
%.ea,tantee ot the Credit Fonder (Limited), and also of the
beet Mobilier (Limited), endorsed under their corporate
,i,t7 on each Debenture.
itst4meige debentures will be transferable in the same manner
""'lvaY by simple transfer form.
h. SECURITY CONVERTIBLE AT ANY TIME.
teeil 8 Will doubtless be appreciate by those who, whilst
Nit ng a first-class home investment, free from risk or lia-
Ite,t7. are still desirous of having their capital easily c n-
ttlr inle in case of need, and with a view to make them alike
atipi able for temporary as well as permanent investments,
qt,ot cation will be made to the Stock Exchange for their
41.01i0 in the official list.
Th
SUMMARY OF SECURITIES.
VII, be total guarantee to the Deben ure holders 01 this loan
ue as f ;
ItFreeh
old and Leasehold Properties .... £500,000
he City Offices Com,any (Limited', uncalled
CapitBo9,ooo
The Credit Fonder (Limited), Capital
'le Credit Mobilier Limited), Capital 500,000

Th4B Total £2,300,000
se,lnaking these Debentures an entirely unexueptionable
and whilst colonial and foreign investments are
tilei`s"nt enough, a well secured 5 per cent. English invest-
la very scarce • such a security, it is believed, is now
kkigo, and as still specially adapted for trusteas, bankers,
Lance companies, mercantile and private investors.
4sitto?Pos of Application are attached ereto, nd may be ha_ d
10b7Pinces of the Credit Fonder (Lihmited),a and the Credit
04.1 ilier (Limited), SO, Lombard street; and of the City
14)1r8 Company (Limited), 70, Cornhitl; also of the Bankers,
91tors, and brokers.
I'olldon, 21st June, 1161.

CITY OFFICES MORTGAGE DEBENTURES.
To OF APPLICATION.
the DirectorFs 01M the City Offices Company (Limited).
o ....
the
ta paled to the Agra and Masterman's Bank (Limited),
lb ti X being 20 per cent. on £
If-`ile of Mortge Debentures of the Ci Offices Cora-
-Ib> (Limited), upon ag
terms of the Prospectus atty tached hereto,
liziw e .re,bY subscribe for and accept kuch Debentures, and
to pay the further instalments as they respectively be-
ue.

AM, Sir, your obedient servant,
Signature
Name in full
Address
Date
request
the amount may be made out in Debentures of
. each.

BANKERS' RECEIPT.
.I‘o be retained by applicant, after being signed by bankers.)

No
Received the day of 186 t, on account of the
amity Of Company (Limited) (Mortgage Debenture AC-
'Nut), the sum of , being. the amount required on.
I4bscription for £ of City Offices Mortgage Deben-
'4tes.