The Sun.
London, England, 1864-02-12 00:00:00

THE CITY MERCANTILE CLUB and
DINING HALL COMPANY (Limited).
(Incorporated under the Companies Act, 1862.)
Capital, £BO,OOO, in 8000 shares of £lO each.
Deposit, I. per Share on application, and £1 on allotment.
Should no allotment be made the deposit will be returned
in full.
DIRECTORS.
Captain Capel Coape, Army and Navy Club.
Jo'ln Salusbury Davenport, Esq. (Deputy Commissary
Gen ersl), Clarendon Lodge, Brighton.
Thomas Shann Derham, Esq. (of the firm of Wilkinson
and Co.), flax spinners, Leeds.
Frederick Augustus Legg, Esq., The Willows, South
Norwood.
Thomas Hardwick, Esq., Moorland terrace, Leeds.
Thomas King. Esq., 23, St. Paul's-grove, Canonbury.
David Fraser Luckie, Esq. (Director of the City and County
Assurance Company), 26, Ashley-place, Victoria-street,
Westminster.
3-ohn Theodoridi, Esq., Merchant, Great Winchester-
street, Broad-street, City.
Captain Arthur Palliser, Oriental Club.
With power to add to their number.
BANKERS.—The London and County Bank, Lombard-
street, City, and Hanover-square.
SOLICITORS.
Messrs. Tippetts and Son, 2, Sise-lane, Bucklersbury, City.
Messrs. Upton and Yewdall, Leeds.
SECRETARY (pro. tem.)—Mr. J. W. Tempest.
Temporary Oboes--24, Bucklersbury (two doors from the
Mansion House.)
In introducing the City Mercantile Club and Dining
Hall Company to the public the Directors have pleasure in
knowing that they are supplying a great public want, it
being universally admitted that—
A Club adapted to the constantly increasing growth and
requirements of the commercial and mercantile world of the
City of London, and
A higher class public dining and refreshment hall are
greatly wanted.
The Club, with its private dining, reading, and smoking-
rooms for the exclusive use of members, will be conducted
under the management of a committee. strictly upon the
principles of similar establishments, with a small entrance
fee and subscription, and a moderate dining-room tariff,
adapted to the views of men of the commercial world. The
establishment will contain from 30 to 40 bed 'rooms.
Holders of ten shares and upwards will (subject to the
ballot) be admitted to the membership of the club, without
entrance fee.
The public dining halls will be on a scale worthy of the
City, and capable of comparison with any establishment on
the Continent.
The Directors have purchased in one of the best and most
central situations in the City, in close proximity to the
principal places of business, a magnificent range of buildings
(recently erected under the superintendence of an eminent
architect) in the centre of Cheapside, having nearly 30,000
feet of floor space, and pre-eminently adapted to the re-
quirements of all branches of the proposed establishment.
It will be for the consideration of the Directors whether
it is desirable to let off the ground and basement floors, the
residue of the premises providing ample space for the re-
quirements of the undertaking, and should these floors be
so let off they will alone command a rental sufficient to
guarantee a substantial dividend upon the paid-up capital.
The Directors have carefully considered the probable
profits and returns of this undertaking, and their most
moderate calculations show a dividend of from 30 to 40 per
cent.
The Directors congratulate themselves on having secured
the invaluable co-operation of several gentlemen whose
practical knowledge and experience will be truly desirable.
In consequence of a large amount of shares having been
already applied for (and a most encouraging number of
applications made for Club membership),the Directors are
compelled to add that the list of applications for shares can
remain open for a limited period only. In the meantime
applications for the unallotted shares must be made to the
Solicitors or Secretary; the required deposit having been
previously paid to the Bankers of the Company.
The Articles of Association can be seen at the Company's
Offices.