The Sun.
London, England, 1864-06-25 00:00:00

SCirRITY
By the specific terms ofE these .
Debentures they will be a
First Charge on the while of the undermentioned propertie
of the Company, the Company reserving to themselves full
Powers of Leasing wad Management in such manner as they
Misty think benefici.al.
lanel. The Freehold Premise 25, 25A, 26, 27, in Clement's-
, Lombard-street, with Nos. 9,10, and 11, in Nag's Head-
Court, and 3,4, and 5, Church-court; the whole will form a
laagnifloent block of new Premises.
2. The well-known Leasehold block of New Offices, situ-
ated 27, Leadenhall-street, and extending back to Lime-
street-square ; it has been erected within the last three years
from the designs of John Whichcord, Esc. and contains 120
first-class Offices, with four shops ; has fire-proof corridors
and stone staircases, and possesses the most modern improve-
ittett.ts. The lease is for M years, at a ground-rent of £750 per
arraum.

3. The handsome edifice erected within the last seven
Years, from designs by John Barnett, Esq., Architect, for
Messrs. John Sarl and Sons, and situated 17 and 18, Corn-
hill, directly opposite the Bank of England. These premises
are leasehold, held for 60 years, at a ground-rent of £6OO per
allnum.

S. The new and substantial block of offices, situated No. 63,
Great Tower-street, near Mark-lane, erected within the last
three yeas, and built in the most substanlial manner. It is
freehold, and contains 55 oftee,, besides vaults.
5. Is one of the lan eat blocks in the City, and is situate in
llishops.crate-street Wit:ain, opposite St. Helen's-place, and
in the centre adjoins tiresham House; this property, when.
covered, will comprise the largest and most conveniently ar-
ranger offices in the City. It is leasehold for 99 years, at a
ground-rent of 44,000 per annum.
6. The Freehold property, adjoining the above property in
llishopsgate-street
VALUE OF SECURITIES.
The whole of the properties, Nos. 1,2, 3,4, and 5
before-mention?d, have been purchased by the
In ity Offices Company (Limited), for the sum of £365,000
addition to which they have since acquired No
6 (and some other interests , say
Increased value by an estimated outlay for new
buildings in course of erection on sites Nos. 1,
5, and 6, and alterations to No. 3

32,000

90.000

To Which add for additional contingent outlay,
flay

£487,000

Making a total of £590,000

INCOME AND ItEVE.NUE FROM SECURITIES.
Of his KIM £300,000 is the amount to be raised on mort-
gage Debentures, the reniaining YO,OOO being provided by
he City Offices Compa,Ay out of Share Capital.
The whole of the Prr,perties are adapted,
sod let, or to be I,zt, for Mercantile and
Banking Offices &c., and the gross in-
come, includityg'the rentals of the New
Buildings in course of erection, is esti-
mated at
£59,000 per annum
.....
Deduct for Ground Rents and Sinking
Fund (on the Leasehold portion), In-
surance, ac., say .. 13,000

Leaving £B,OOO per annum.
available as Securi y for the Interest re-
quired on the .£300,000 Debentures to be
issued ; the amount of interest so re-
quired at 5 per cent. Is
Leaving a Surplus Income available for
-dividend on the £2O 00 Share Capital
of

£31,000
GUARANTEE OF CAPITAL AND INTEREST.
In addition to the above-mentioned properties, and this
atnple surplus, both in value and income, and the covenant
"der seal in e ich Debenture by the City OM es Company
(Limited), to duly pay both principal and interest which cove-
nant is secured by its 19,rge uncalled capital), the punctual
payment of these Debentures will be further secured by the
Guarantee of the Credit Fonder (Limited), and also of the
Credit Mobilier (Limited), endorsed under their corporate
seals on each Debenture.
These Debentures will be transferable in the same manner
as railway debentures by simple transfer form.

SECURITY CONVERTIBLE AT ANY TIME.
This will doubtless be apprec,iated by those who, whilst
seeking a first-class home investment, free from risk or lia-
bility, are still desirous of having their capital easily cm-
vertible in case of need, and with a view to make them alike
ava.l able for temporary as well as permanent investments,
application will be made to the Stock Exchange for their
quotation in the official list.

SUMMARY OF SECURITIES.
The total guarantee to the Deben ure holders of this loan
Will be as follows ;
Freehold and Leasehold Properties £500,000
The City Offices Company (Limited), uncall, d
Capital
The credit Fonder (Limited), Capital
oco
The Credit Mobilier (Limited), Capital 500,000

Total £2,300,000
Thus making these Debentures an entirely unexceptionable
security, and whilst colonial and foreign investments are
abundant enough, a well secured 5 per cent. English invest-
Inent is very scarce ; such a security, it is believed, is now
'offered, and as such is specially adapted for trusteas, bankers,
insurance companies, mercantile and private investors.
Forms of Application are attached hereto, and may be had
at the Offices of the Credit Fonder (Limited), and the Credit
Mobilier (Limited), 80, Lombard. street; and of the City
offices Company (Limited), 70, Cornhia ; also of the Bankers,
Solicitors, and brokers.
London, 21st June, 1861.

CITY OFFICES MOR,fGAGE DEBENTURES.
FORM Or APPLICATION.
To the Directors of tl.le City Offices Company (Limited).
No
Saving paid to tke Agra and Masterman's Bank (Limited),
the sum of £ being 20 per cent. on
In value of Mortgage Debentures of the City Offices Com-
pany (Limited)„ upon terms of the Prospectus attached hereto,
I hereby sukicribe for and accept Filch Debentures, and
agree to pay the further instalments as they respe:tiveiy be-
curiae due.

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

BANKERS' RECEIPT.
(To be retained by applicant, after being signed by bankers.)
No
Rece:ved the day of 1861, on account of the
City Offices Company (Limited) (Mortgage Debenture Ac-
count), the sum of , beinz the amount required on
subscription for ..0 of City Offices Mortgage Deben-
tures.

X
For the AGRA and MASTERDIAN'S BANK.

THE CREDIT FONCIER (Limited),
80, Lombard-street, E.C.
Capital, £1,000,000, in 20,0^0 Shares of £5O each.
bubscribed Capital, £500,000, in 10,000 Shares.
DIRECTORS.
Chairman—The Right Hon. James Stuart Wortley.
Deputy Chairman—James Levick, Esq.
The Hon. T. C. Haliburton, I Adolphe Hakim, Esq.
31. p, Henry Pownall, Esq., J.P.
Edward Warner, Esq., M.P. John Westmorland, Esq.
Alexander Dunbar, Esq. I Charles R. Newbon, Esq.
Charles Ellia, Esq.

MANAGER.
Albert Grant, Esq.
BANKERS.
Messrs. Masterman, Peters, Mildred, and Co.
Bank of London. _ _

This Company advances money on the deposit of Title
Deeds of approved Freehold or Leasehold Property in Great
liritaln, with or without regular Mortgage.
Guarantees Titles or Securities, and, as Agent, negotiates
Loan on Mortgage, for long or short periods ; also,
Receives Money on Deposit for FIXED PERIODS ONLY,
at special rates to be agreed upon.
Communications to be addressed to the Manager.
ALFRED LOWE, Secretary,
Temporary Office, 80, Lombard-street, E.C.

THE CREDIT M OBIL IE R (Limited),
80, Lombard-street, E.C.
Capital, £1,000,000, in 20,000 Shares of £5O each.
Subscribed Capital, £500,000, in 10,000 Shares.
DIRECTORS.
Chairman—The Right Hon. James Stuart Wortley.
The lion. T. C. Heiburton, I John Westmorland, Esq.
ALF% Edward Warner, Esq., ALP.
Alexander Dunbar, Esq. Char.es Ellis, Esq.
Ado'phe Hakim, Esq Jame., Levick, Esq.
Charles E. Newbon, Esq. Henry Pownall, Esq.
MANAGER.
Albert Grant, Esq.
BANKERS.
Mears. Masterman, Peters, Mildred. and Co. London.
Messrs. Smith, Payne, and Smiths, London.
„,_This Company is prepared to negotiate Government and
Municipal Loans, and to aid in carrying out Concessions.
To make advances on approved securities.
To effect the purchase and sale of Shares, Stocks, &a, and
to transact financial business generally.
Also to receive money on deposit, for BRIEF or EX-
TENDED periods, on terms tc be agreed upon.
Communications to be made to the Manager.
THOMAS SRORT, Secretary.
Temporary (Aces, 60, Lombard-street, London. E.C.