The Sun.
London, England, 1864-03-15 00:00:00

TRUSTEES.

Jervoise Smith, Esq. i Henry Kinigseote, Esq.
DIRECTORS.

James Anderson, Esq. (Messrs. Anderson, Thomson, and
C 0.,, Director of the Bank of British Columbia.
James Caird, Esq, M.P.
George Campbeh, Esq. (Messrs. H. N. Dickson, and Co., Lon-
don ; and Dickson, Campbel, and Co., Victoria, Vancouver
Island).
Joseph Fry, Esq. (Messrs. Trueman and Fry), Director of
the Canada Agency As -ociation.
T. V. L. Mackean, Esq., Lhairman of the Bank of British
Columbia.
Alexander Morrison, Esq., Director of the Bank of Otago.
Prideaux Selby, Esq., Director of the Vancouver Island Land
and Coal Mining Company.

BANKERS IN LONDON,
Messrs. Smith, Paynr, and Smith.
BANKERS IN BRITISH COLUMBIA AND VANCOUVER

ISLAND.
The Bank of British Columbia.
SOLICITORS.
Messrs. Baxter, Rose, Norton, and Co.
AGENTS.
The General Credit and Finance Company of London
(Limited).
TEMPORARY OFFICES.

[25, Gresham House, and at the Offices of the General Credit
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 in British Columbia and Vancouver
Island from 12 to 16 per cent. per annum is regarded as a
favourable rate of interest at which to b rrow money on un-
exceptionable securities, it wil at once be seen how consider-
able is the margin of profit that will arise to the Company
under thi• head.
T.Le azquirement of property by purchase, to a limited ex-
tent, whether from the Government direct or from private
owners, will also, in cases pre •enting the prospect of advan-
tageous and early resale, have attention from the Company—
it is considered that the G.vernment 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 seected 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
similar institutions.
The Company has taken powers which will enable it to
effect an union with any other Company having kindred ob-
jects in any of the British North American colonies.
The Board of the Company consists of gentlemen who have
either applied the same principles of business to other colo-
nies, cr who, from their connection with the North American
possessions, will be regarded as authorities upon the subject
of Colonial securities.
As fields for investment Bri ish Columbia and Vancouver
Island may be said to be unsurpassed in advantages. The
rise and progress of these colonies have been most rapid ; the
imports into the port of Victoria (Vancouver Islands alone
during the six months ending June, 1863, were 1,865,513
dols., being an excess over those of the first half of the pre-
vious year of upwards of 160, ito dols. The value of property
in 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-
spected at the Offices of the Solicitors. Messrs. Baxter, Rose,
Norton, and Co., 6, Victoria-street, Westminster, or at the
Temporary Offices of the Company.