The Sun.
London, England, 1864-03-17 00:00:00

lITHERE CAN WE MEET AFTER THE
V PANTOMIMES ? My dear Fellow, Gentlemen sup
at :VANS', Covent-garden.

THE GENERAL CREDIT AND FINANCE COMPANY
OF LONDON (Limited),
INVITE SUBSCRIPTIONS FOR TIIE
BRITISH COLUMBIA AND VANCOUVER
ISLAND INVESTMENT COMPANY (Limited).
Capital £500,000, with power to increase.
First Issue, VSO,COG, in 10,000 shares of £25 each.
Deposit ou appli,:ation, £1 per share. Payment on allot-
ment, Z 2.
It is expected that no more than £5 per share will be re-
quired to be called and sub Equent calls, if any, will net
exceed per share, will not be made at less interrale
than three months.

TRUSTEES.
Jervoise Smith, Esq. I Henry Kings Cote, Esq.
DIRECTORS.
James Anderson, Esq. (.l essrs_ Anderson, Thomson, and
Co.), Director of the Bank of British Columbia.
James Cairl, Esq., M.P.
George Campbell, Esq. (Messrs. A. N. Dickson, and Co., Lon-
Islandon ; and Dickson, Campbell, and Co., Victoria, Vancouver
Josep d).h Fry, Esq. (Messrs. Trueman and Fry), Director of
the Canada Agency Association.
7'. W. L. Mackean, Esq., Chairman of the Bank of British
Columbia.
A'exander Morrison, Esq , Director of the Bank of Otago.
rideaux Selby. Esq., Director of the Vancouver Island Land
and Goal Mining Company.

BANKERS IN LONDON,
Messrs. Smith, Payni-, and Smith.
13411XERS IN BRITISII COLUMBIA AND 'VANCOUVER

The Bank of Brit'elf Columbia,
SOLICITORS.
Mossre. Baxter, Rose, Norton, and Co.

AGENTS.
The General Credit and Finance Company of London
(Limited).

TEMPORARY OFFICES.
12; Gresham louse, and at the Offices of the General Credi,
and Finance Company, 7, Lothbury.
SECRETARY (pro tern.)—Mr. George Stephens.

This Company is established for the purpose of extending
to British Columbia and Vancouver Island principles of
business that have long since been adopted in other colonies
With very beneficial results both to the English capitalist
and the local property holder.
The Company will raise moneys on debentures on its own
Credit, on terms prevalent in this market, and will apply the
moneys so obtained to mortgage of real estate or other secu-
rities of a substantial and productive character in the two
colonies, at the much higher rates procurable there. When
it is mentioned that m British Columbia and Vancouver
Island from 12 to 16 per cent. per annum is regarded as a
fusourable ratePf-jutetest at whAleto b rrow money on un-
exceptionable seetnities, it wil at once be Sbeiirow consider-
able is the margin of profit that will arise to the Company
under thi-4 head.
Tne acquirement of property by purchase, to a limited ex-
tent, whether from the Government direct or from private
owners, will also, in cases presenting' the prospect of advan-
tageous and early resale, have attention from the Company—
It is considered that the Government of the two colonies may
be induced, in consideration of the encouragement which the
Company will have the opportunity of offering to immigra-
tion, to accord grants of land to the Company under regulated
cond tions of settlement.
The Company will also act as Agents in all matters of In-
vestment and Finance as between the home capitalist “nd
the colonial property holder.
The Company's business in the colonies will be conducted
by specially se'ected managers. The securities selected will
be subjected to the strictest examination both as to title and
value.
The debenture holder, under this course of business, will
not only have the security of the subscribed capital, but also
the entire assets of the Company.
The prospects of the shareholders are best exemplified by
the large returns on capital obtained by the shareholders of
aituilar institutions.
- The
-effect an Co
unmp ion an
wy
ith has taken powers which will enable it to
any other Company jects many of the Krilish Norn American colhavin og nkiies.n dred ob-
The Board of the Companyconsists of gentlemen who have
nies
either applied the same principles of business to other solo-
, or who, from their connection with the North American
possessions, will be regarded as authorities upon the subject
ol Colonial securities.
As fields for investment British Columbia and Vancouver
Island may be said to be unsurpassed in advantages. The
,lise and progress of these colonies have been most rapid ; the
Imports into the port of Victoria (Vancouver Isla,ncb alene
nuring the six months ending June, 1863, were 1,861,513
do's., being an excess over those of the first half of the pre-
vious year of upwards of 160,,,e0 dots. The value of property
.I_l Vancouver island has more than doubled during the last
;three Years. The agricultural capacity of British Columbia
IS now also fast attracting attention.
The Memorandum and Articles of Association can be in-
,oloceted at the Offices of the Solicitors, messrs. Baxter, Rose,
2. !ton, and Co., 6, Victoria-street, Westminster, or at the
:i:Lrnporary Offices of the Company.

FORE OF APPLICATION FOR SHARES.
To the BE
of the British Columbia and Vancouver
Island Investment Company (Limited).
Gentlemen,--Having paid to your Bankers the sum of
Thitish
, I request you to allot me shares in the
Columbia and Vancouver Island Company (Limited),
and I hereby agree to become a member of the Company, and
te
tod
to accept such shares, or any less number that abe allot-
me ; and I request you to place my name on the
register of members in respect of the shares allotted me.
I am, Gentlemen.
Your obedient servant,
Name in full
Address
Profession or Bus'ness ......
Usual signature
D
Application for Shares inate the above form may be addressed
to " The General Credit and Finance Company of London
(Limited)," No, 7, Lothburv, and the deposit must be paid
there or the Bankers, Messrs. Smith, Payne, and Smith-

THE ISLE of MAN RAILWAY COMPANY
(I,Imited)—DOUGLAS to PEEL.
Capital £lOO,OOO, in 10,000 shares of £lO each, with usual
borrowing Powers. Deposit £1 per share on application,
further payment on allotment £1 10s. per share.
DIRECTORS.
Samuel Gibson Getty, Esq., M.P., Belfast.
thuu M'Cormick, Esq., M.P., Londonderry, and
WRegent'spark, London:
Richard A. Mould. Esq., Merchant, Liverpool.
Rarrison Ridley, Esq., Merchant. Liverpool,
w°BePb. Rigby, Esq., Kew, Surrey:
With power to add to their number.

EANICERS.
The North and South Wales Bank, Liverpool.
Messrs. Dumbell, Soo, and Howard, Douglas.
ENGINEER.
C.* W. Remus, Esq., C.E., 13, Queen-square,Westminster,
Ifessrs. Littledale, RidSOLICITORS.
ings Liver?ool,
ley, and ardswell, Brown's- build-
Samue, l
Harris, Esq., Douglas.

ADITOR.
ThomaS W. Read, E sq.,U
30. Castle-street, Liverpool.
SECRETARY.
Thomas Begot, Eeq,, 5, James-street, Liverpool.
BROKERS.
P. B. Drinkwater, Esq , 32, Exchange. st. East, Liverpool.
Charles Stanley, Esq., 3, Throgmorton. street, London.
Edward Ashworth, Esq., Exchan,ge -chambers, Manchester.
M. J. Beverley, Esq., Leeds.
This Company has been formed for the construction of a
Railway from Douglas to Peel (passing through St. John's),
in the Isle of Man. The improved trade of these important
towns, as well as the prosperous condition and increasing
population of the island, and the rapid augmentation of the
number of visitors during late years, call for the immediate
introduction of railways.
The Agricultural capabilities of the Island are great ; and
its Mineral products are acknowledged to be rich in yield
and avave average value ; whilst around the Coast there
are extensive Fiseries, and an unlimited supply of Sea-
weed for Manure. The expense and trouble, however, of
land-carriage, have hitherto rendered these advantages com-
paratively unavailable.
Slate Quarries are in active operation ; and the quality
of the Slate is equal in closeness of grain and durability to
any productid from the great Welsh quarries. The Granite
tear St. John's compares favourably with that now used in
the Liverpool Dook Works, and would at once, by means of
railway facilities, become available for export.
One of the proposed Stations on the line will be at St.
aoht's, where the Courts of Tynwald meet, and which is
also the centre of the Foxdale mining district. The produce
of these mines is now brcught by land-carriage (there being
no water communication) to Douglas, a distance of nearly
ten miles, whilst Coals and other important materials, as
well as all necessaries required by the inland population,
are conveyed into the interior by the same mode. Besides
these items of traffic, the Fairs, which are frequently held
during the year in this district, must add considerably to
the annual revenue of the Company.
The principal towns are Douglas Peel, Castletown,
Ramsey, and Laxey t Douglas being the chief port, and the
great commercial depot, as well as the principal place of
arrival and departure of the steam packets plying to and
from the Island. At the port of Peel the fisheries are prin-
cipally conducted, employing upwards of 1,000 vessels;
the place of destination for the produce is Douglas ; the
route is tedieus, and the transit by the existing means ex-
pensive.
The access to the Island is easy, and the means of com-
munication with Liverpool, Fleetwood, Whitehaven,
Silloth, Glasgow, Belfast, Dublin, and other ports, both by
sailing and steam vessels, are frequent and convenient.
Hence, Tourists visit the Mend in large numbers, above
100,000 passengers having been landed at its Ports during
the past year. Such Visitors, attracted by the antiquarian
relics, scenery, and other objects of interest, would, as a
matter of course, go by the proposed Railway from Douglas
to the interior, and across the Island to Peel.
The highest medical authorities bear testimony to the
eslubrity of the climate and purity of the water. The
picturesque is united with the more solid advantage of cheap
living, provisions being abundant and comparatively inex-
pensive, whilst the rates of duties on foreign produce are so
small as to render the Island most advantageous as a per-
manent place of residence.
Rer Majesty's Government and the Local Authorities are
now expending upwards of £60,000, for the improvement of
the Ports of Douglas and Peel
The Electric Telegraph to England has been recently
established.
The Lines of Rail will be single, with requisite sidings.
The length of Line will be about twelve miles, and the
gradients easy throughout. The landowners and popula-
tion along it are most favourable to the project.
From Statistics recently collected on the spot, with much
Care, by competent persons, and well supported by Official
Returns, it is confidently expected that the Traffic evia re-
turn a good Dividend upon the Invested Capital, The fol-
lowing is an Estimate of the Traffic :
Passengers, inclusive of Tourists £7.500 per annum.
Goods, Minerals, Fish, &c
and Mails l6O

Working Expenses at even 50 per Cent£l3lso
. 6,,500

Leaving for Dividend ................ ZG,650

----
Plans, Sections, &c., of the Line are completed, and all
necessary forms are being complied with, in accordance with
the St nding Orders of the Court of Tynwald to obtain an
Act of the Local Parliament.
Neither Imperial or Local Taxes are levied in the Island,
and those heavy- charges which tend so much to reduce the
value of Railway property in England and other countries,
no less than to diminish the Shareholders' Dividends, can-
not, iu any degree whatever, prevail with respect to this
Lino.
Au eminent Contractor's firm have agreed to purchase
the land, make the Railway, provide and fit up all Stations,
furnish Rolling Stock for working the Line, and Telegraphs,
upon satisfactory terms. Interest at 5 per cent. per Annum
will be allowed, until the opening of the Line, on the amount
Paid upon shares.
An advantageous arrangement can be made with respon_obtained from
Bible parties to Lease the Line for 7. 14, or 21 years.
POrtng of
Application for Shares may be
the secretary, Sohoi.,,,^ra, or Itrokere of the Company.