The Sun.
London, England, 1864-04-21 00:00:00

Q.ARIBALDI FUND, for the perpoge of
„, s cuerinz ft permanent income for GENERAL GAM-
.ALDI and his family after 11;ta
The Duke of - E AND, Chairman.
CHAS. SEELY', Esq., MP., Deputy Chairman.
Ilon. A. KINNAIRD, M.P., Treasurer.
,Contributions maybe paid to the bankerS, bfessrs. Ransom,
pouverie, and Co., 1, Pall Mall East, and communicaEtions to
sq., at
tae Ftddr;ssel to the Secretary, Arthur H. Guinness,
unties-court, Charing-cross.
Theft rst 1 st of contributions will appear in the "Times"
of the 28th inst.
8
' —4. n-court, Charing-cross, 29th April, 1861.

RE CONTINENTAL UNION GAS COM-
PANY (Limited).
InCorPo►ated under the Companies Act, 1862, with Limited
Capital £¢;o COO in 20,000LStrileistyOf £2O each, with Power to

In ',Tease.
Deposit £1 on application, and £4 on Allotment.
11.74_11.11 Allan, DIRECTORS.
P,sq.,'Director of the Oriental Gas Company.
i;,11,Y \Voila-ton Blake s 18. London-street.
-0113.8(iCoubitt, Esq , Directoro'i the Imperial Gas Company,
Joh n•
uFisher, Esq late of Fisher's and Robins ,n, Watling-
,,creet,
Loudon.
panayt, White, Esq., Director of the European Gas Com-
.

(With power to add to their number.)

BANKERS.
IleaSrS. Masterman, Peters, Mildred, and Co., 35, Nicholas-
lane, Lombard-Street.

Joseph AUDITORS.
norand, Esq., Deputy Chairman of the City of Lon-
'Pir`.`9.n. Gas Comany.
2is L. Backler,Esq., Secretary to the European Ga 3 Com-
Pan

kegs, SOLICTORS.
4. Hughes, Masterman, and Hughes, 17, Buoklerabury.
liesBll BROKERS.
. Hill, Fawcett, and Hill, 29, Threadneedle-street.

Thu PROSPECTUS.
,_ culrany has been formed for the purpose of carrying
ehn the
the of Gas Work s now in full of operation, with
Pr nuesive privileges, in the following cities and towns of
Itoaanne an.
Beaucaid it iIY viz. :—Strasblirg, Cette, Nismes, Vienna,
litod_ cre Rueil, Albi. Milan, Genoa, Parma,
tioeiyna and Alessandria and which now belong o the
powet6 " Union des Gaz." ' The Company will also have the
tstheer of extending the existing works, and of adopting such
~.,.;_r concessions as may be considered sufficiently remune-
ees"T.,e, either alone or in connection with the Societe "Union
Gaz."
qt., con'essions thus brought under one management were
(latt-,!led at different peri ds by the Societe i, Union des
5.,.2 and nearly a miilion sterling has been expended in.
...•-,oring the
44 concessions and in the constructi n aed im-
-oVement of
the several works, plant, mains, service pipes,

burl c,
th hands
the last three years the management has been in
Plort t. of a Private Company, called the " Socidte d' Ex-
and the d'Usines a Gaz," under a 23 years' working lease,
(1...,_ e result has been as follows :
"'num revenue for year ending 30th June, 1861 £142,800
,
f, f t 30th June, 11.62 157,840
rp.„_,, 30th June, 1863 172,860
'',l,,lnprovenient thee is steadily progressing. —_
cgt,ne capabilities of works and the pr. fitable char cter
. the business having thus been fully established by the
2,Perience of a company with limited resource s, it is now
proposed to raise sufficient capita. for the repayment of all
Zitanding loans, amounting to £141,500, and for the further
19pment of the property, to meet the constantly in-
(3
tome,
demand for gas in the above-mentioned cities and
therefore
Continental Union G:s Company (Limited) have.
t, erefore, entered into agreements for Ihe purchase of all
-t'. rights, privileges, and property of the " Societe d'Exploi-
b- Ion" for 2,500 paid-up shares of this Company ; and by a
I:Yreent of £60,000 in cash this Company will become entitled
447,000 in shares of the "Union des Gaz," to all profits
from the 30th Juno last, the benefit of all outlay for improve-
t,etits and extensions during the last years, and wi'l obtain
„?,e surrender of the inteiests and secure the co-operation of
"';,,,Parties concerned.
During
" 6ociete d'Exploitation" thus becomes extinct.
'-'urinc, the period of the contract, the whole profits of the
works ' per
s wi 1 belong to thi,, Company, after providing for the
4,,payment of a rental to the " Union des Gaz," commencing at
1,000 per annum, and rising in nine years to a maximum of
automating
) ; and also for the redemption of "Obligations"
a with interest to £27,450 per annum, by annual
lion ,awin have hitherto been paid out of pr fits, leaving a large
surplus.
ofthe expiration of the 23 years' contract, under theterms
'',0,1
_their agreement, the Continental Union Gas Company
(Limited) will become joint owners to the extent of one-half
of the entire property represented by the several Concessions
" Gag ores of the "Union des Gaz,"will likewise be re-
Dklcl the amount of all outlay for improvements, extensions,
rd new works, and will be entitled thenceforth to not less
lan one moiety of the prufits, free f. ora all liabilities and
Preferential charges.
o„4„eornplete inspection of the several works has been made
,' Lue part of this Company by a thoroughly practical gas
1-ligineer, 'who has reported most favourably of the prospects
!Jr the undertaking.
1.1 is well known to persons conversant with Gas Works
t 1
,-i.`"' the consumption of gas is continually increasing, and
:Inere, as in this ca se, exclusive privileges have been obtained,
the profits increase is a still greater ratio. The magnitude
and importance of the cities and towns embraced inrki
the eon-
.eBsiuus, ( oupled with the experience of the past wong,
are such as to secure 2o the shareholders immediate and
steadily increasing dividends.
A large numb rof the shares are already subscribed. Fro-
qse., ctuses and Forms of Application may be obtained of
Azessrs. Hill, Fawcett, and Hill, the Brokers ot the cohe amount
any ;
or at the Temporary Offices of the Compr.ny. T
~,‘)1. £1 upon cacti share applied for mu=t be paid to the Coin,
Bankers previously to the application being se
this sum will be returned if no allotment is made to the
applicant.
Temporary Offices, 29, Threadneedle-street, E.C.,
April 16, 1864.
______---------

THE CONTINENTAL UNION GAS
COMPANY (Limited).
NOTICE„, HEREBY GIVEN, that NO APPLICA-
' lONS for SHARES will be rece ved, either from London
or elsewhere, after SATURDAY NEXT, the 23d instant.
HILL, FAWCETT, and HILL,
Brokers to the Company.
7J, Threadneedle-street, April 21, 1861.

THE INDEPENDENT FIRE INSURANCE
COMPANY (Limited). Capital One Million Stirling,
in 40,000 Shares of £2 each. £1 per Share to be paid on
alication. and Ll 10s. per Share on allotment. Calls not
exceeding £1 per Share, at intervals of not less than Three
Months.

DIRECTORS.
John Downes, Esq. (Messrs. Downes and Scott), Upper
Thames-stre3t, Director of the National Provincial
Marine Insurance Company.
Gt-arge Haines, Esq., Merchant, 36, Lombard. street.
.calm
Ingledew, Esq., Cambridge House, Lee Park, Kent.
ZVilliarc Knight, Esq. (Messrs. William Knight and Co.),
83, Lombard-street.
Henry Ledgard, Esq., For
Messrs,
Kent.
rs, G. S. Symons and Co.),
George S. Symons, Esq.
20 and 21, St. Dunstan's-hill.
John B. Tibbs, Esq. (Messrs. J. E. Tibbs and Son),
Threadneedle-street, Director of the Staffordshire Roll-
ing Stock Company.
,
anaea Lunham, Esq. (Messrs. James Lunham and Co.),
231, High-street, Borough.
(Messrs. Voss, Meek, and Co.), Billiter
Jabez Voss, Esq.
square.
~ 13. Delamere.terrace, Hyde-park,
Waiter Brodie, Esq
late Member of the House of Representatives, New
Zealand.
(Influential names in Manchester and Liverpool will be
immediately added to the Direction.)
BANKERS—The Metropolitan and Provincial Bank, 79,
Cornhill, E.C.
SOLICITORS—Messrs. Bennett and Stark, 4, Furnival's
Inn, Holborn.
BaoßEns—Messrs. Scrutton and Son, 81, Old Broad-street.
AUDITORS—Messrs. Cash and Edwards, Public
Accountants, 13, Tokenhouse-yard, E.C.
GENERAL AND RESIDENT MANAGER—Mr. Robert Steers.
SECRET.ARY—Mr. George Drew Hodges.
OFFICES-29, Nicholas-lane, Lo
thmbard-street, B.C.
This Company has for its purpose e transaction of the
important and remunerative business of Fire Insurance,
and that only, to the exclusion of other branches of busi-
ness not unusually associated with it, under the same direc-
tion, and operating on one • and the same capital. The
Directors are satisfied that the scope for the busmess of fire
insurance presented by this country and its dependencies,
is, as a commercial speculation, deserving of paramount
attention ; and, the contract being one terminable annzially,
the profits or loss arising determine in like manner, year by
year, and exhibit at once a company's financial position
and its resources.
While the partial remission of the fire insurance duty
now in the contemplation of Government, and applicable
only to the insurance of stock-in-trade, will afford a com-
paratively limited relief from the onerous oppressfor eion,
ver the
Directors have resolved to allow upon payment y
policy, ma afterwards at each renewal, an immediate draw-
back, which, in many instances, will araount to a total ex.
tinction of the satire duty of three shillings per cent.
To the public at large, and to the greater proportion of the
manufacturing and mercantile community, this arrange-
ment will prove a highly acceptable advantage. The draw-
back allowed by a few of the older offices by way of per
tentage on premiums, at intervals of years, is of im-
portance only to those who are rated at premiums ranging
chiefly from one guinea per cent. upwards, and is partici-
pated in only by those who may have premiums to be re-
newed at the period of the making of these
any, returns; whereas
by the principle adopted by this Compe the owners
classes of risk of the more ordinary occurrence, are
timewho will be the more substantially and at the same
time promptly benefited.
The concession to be thus made to the publio will cer
i be the means not only of increasing in their respec-
tativuly e
amounts insurances now existing, but of multiplying
to a very large extent the number of insurance contracts in
oounti y and its colonial connections.
this
The in
property in this kingdom alone, including
nd i
s enor increasing importations arising from the
wise int mone
erchangs ef tariffs, is believed to approximate to
reas L 1,300,000,000 only is insured ;
thus leaving nearly th
X5,000,0(10,000,
whe
ree-fourths of the insurable amount
altogether unprotected from loss.
It would be difficult to find any class of investments which
has yielded such large profits as
the the shares of well-
have i
cn-
ducted ire offices. The shares of offices
in one case, at a pre-
creased in value immensely, being,
nlinin of about 1,800, and in another of nearly 2,000 per
cet. on the sus orinall paid up. The increased value
of n
the shares of officegsi established within the last 20 years
stands at from 80 to 200 per cent.
It is under these circumstances, and considering the im-
ense field presented for operations to come, that the direc-
tors have taken advantage of so favourable anle o opportunity
business
to offer to the public the benefits of the principf
sow adopted by them ; and they have every r
support
reason to
believe that by its special feature and the public
Which that must necessarily invite the undertaking will
Speedily be productive of the best monetary results.
_ The executive will be entrusted to officers of tried experi-
eallee in the business of fire insurance and the directors have
tread), matured arrangements for them imediate establish-
/tient of five hundred agencies.
The directors desire to give the most unqualified assur-
ance to the public that nething of the nature of frivolous
objections to a prompt and liberal settlement of claims for
Compensation will ever be entertained or countenanced by
the7u.
Form," cf application for shares may be had at the offices
or of the Brokers, Bankers, or Solicitors.
of the Compa'y4
ent being made, the deposit will
In. the event of w
be returned in full.

—....,
FORM OF APPLICATION FOIL
Fire
To the Directors of the Independent Fire Insurance
Company, Limited.
Gent!emen,—Having paid to your * the sum of
, being a deposit of X'. per share on shares in
the above Company, I hereby r
equest that you will allot me
that number ; and I agree (according to the form prescribed
1537 the Articles of Association) to accept su l
cos shares,hrs hare or any
Pee number you may allot me, to cep
1 lon
allotment, and to execute the Articles of Association when
required; an I request that my
Register name may be placed on the
of Shareholder e
for thefull shares so allotted.
Nam in

Residence •
Profession or business
Date
Post-office orders and bankers' cheques (crossed to the Corn-
trtoy's bankers) to be made payable to the secretary of the
parry.
:`Secretary,!: - P the poe may De.