The Sun.
London, England, 1864-07-12 00:00:00

TN what " Happlv Land eqn I see
wbich you after the
"Oper
aa
Gentlemalonly
ma• kir Jl7 of Jae HA.PPY LAND
6A.R.DEN, my dear fel low I
Sup— -EVANS', COVENT-

RINAHAN'S LL WH_IFSKY v. COGNAC,
BRAN Dy,
This celebrated Old IR [S
.. WIIISKY rivals the finest
P-
FRENCH BRANDY,
It Is Pure, Mild, Mello r, r jeIiCIOUS, and very Wh
Sold in Bottles, 35. Bd., a' , the Retail Houses in Londonolesome. ; by
the Agents in the princip ' 1 towns in England; or wholesale
at

8, GREAT W INDMILL-STREET, W.
Observe the Red SF Al,
"liinahan's LL Whits, ;T.', Pink Label, and Cork branded

THE EBB ,1y VALE COMPANY
(Limited).
Incorporat od un ler the Companies Act, 1862.
'Capital Four Millions, in 80,000 shares of £5O each.
Deposit on application Xi per share, and £4 on allotment.
Further calls will not es:ceed £5 per share, made at intervals
,of not less than throe months, and will extend over a
period of three years.
it is estimated that not more than two-thirds of the total
capital will bra required to be called up.
DIRECTORS.
Abraham Darby, Esq., Ebbw Vale Park, Monmouthshire,
Chairman and Managing Director.
Joseph Robinson, Esq., Berldtampstea,d and London, Deputy
Chairman.
Frazeis Tothill, Esq., Bristol.
John Platt, Esq., Oldham.
G. S. Beeeroft, Esq , M.P., Leeds.
James Aspinall Turner, Esq., M.P Manchester.
Harry George Gordon, Esq., 1,
Clifden-place, Hyde-park,
London.
Charles King Anderson, Esq.. '65, Old Broad-street, London.
EAT (-4Erts.
The Ban' q of England.
And its so ,eral Branches at
Manchester, Birmingham, Liverpool, Bristol, Leeds, New-
castle, Hull, Plymo ath, Portsmouth, Leicester.
Messrs. Fresh? OLICITORS. •
ie!cis and Newman, London.
PRONDRS.
Messrs. Joshua Hutchinson and Sor, London.
AUDITORS.
David Chadwick, Esq. (Messrs. Chadwick, Adamson, M'Kenna,
and Co.), 27, Great George-stree , Westminster.
John Young, Esq. (Messrs. Coleman, Turquand, Youngs, and
Co.), Toke nhouse-yard, City.
OFFICES, PRO Tv.a,
No. 27, Great George-street, Westrofinster, and 7, Laurence
pountney-hill„ City.
ABRIDGED P'AOS PECTUS.
The Company is formed f,
, Jr the purpose of c,".,:rrying into
effect an agreement made v- _ the purchase 0.1 the Coal, Iron,
and other Works, which h
avetor a lon,:`,.ime been carried on
with very satisfactory r
.nsulta by pripafe individuals, and are
capable of considerah',
to vbpansion, with greatly increased
Profits.
No promotion-r
made. -coney-coneyor other similar payment will be
Detailed Pr,,spectuses and Forms of Application for
Shares may /'..g.! obtained at the Bank of England, and its
several Br.nches ; from the Brokers ; or from the under-
signed, whom any further information required will be
furnishc.d.
CHAD-WICK, ADAMSON, WITENNA, and Co.,
Financial Agents,
27, Great George-street. Westminster, and
64, Cross-street, Manchester.

THE EBBW VALE COIII'ANY (Limited).
Capital £4,000,000, in 80,000,00) Shares of £5O each.

FORM OF APPLICATION FOR ALLOTMENT OF

No. SHARES.
To the Directors of "The Ebbw Vale Company (Limited),"
per Messrs. Chadwick, Adamson, M`lienna, and Co., Finan-
cial Agents, 27, Great George-street, Westminster, aud 61,
Cross-street, Manchester.

Gentlemen,
having paid a deposit of £1 per Share, I beg to apply for
Shres oZSO in the pro posed " Val Company (Limiated), "and hereby agree to become a Share-
holder in that Company, subject to its rulett and regulations,
and to accept such Shares, or any less number that may be
allotted to me.
I am, Gentlen,n,
Your obedient servant,
-Name in full
Address in full
Profession or occupation
Date

THE EBBW VALE COMPANY
(Limited).NOTlCE IS HERF.IIY GIVEN, That further
nations for Shares in this Company willno be received after
ppter
'WEDNESDAY, the 13th inst., for the Countr
CHAD WICK, ADAMSON, M•KENNA, and CO,
Financial Agents,
27, Great George-street, Westminster, and
64, Cross-street, Manchester.
July 11, 1861.

THE lIUDIKSVALL and FORSSA STEAM
SAWING MILL COMPANY (Limited).
Incorporated under the Companies Act, 1862, limiting the
liability of shareholders to the amount of their shares.
Capital, £1 60,000, in 3,200 shares, of £5O each, with power to
increase to £203,000, of which about £75,00), or 1.600 shares,
in ful y paid-up shares will be taken by the Ill.diksvall
Steam Saw-mill Company (Limited).
Deposit, £5 per share on app ication, £lO en allotment. The
other calls to be made at intervals of not less than three
months. Interest at the rate of 5 per cent. per annum will
be allowed on all money paid in anticipation of calls.

RECTORS.
J. C. Tin Thorn, Esq., firm of Messrs. J. C. Im Thorn and Co.,
1, East India-avenue.
Chas. Andreae, Esq., firm cf Messrs. Nestle, Andreae, and
Co- 10, St. Dunsta's-lyll.
Chas. Victor I3enecke, Esq., firm of Messrs. Schunk, Souchay,
and Co., No, 63, Moorgate-street.
J. 11. Passow, Esq , 63, Moorgate-street. J. C. W. Ritter, Esq., firm of Messrs. W.
Ritter ond Co., 157,
Fenehtirch -street.
With power to add to their number.
BANKERS IN LONDON.
The London and Westm:nster Bank.
SOLICITORS.
Messrs. Chas. Druce and Sons, 10, Billiter-square.
lliessrs.
BROKERS.
Woolley, Coates, and Ha,nkey,26, Tokenhouse-yard.
SECRETARY.
J. C. W. Ritter, Esq. lion. Secretary, until a Secretary shall
liave been appointed.
TEMPORARY OFFICES.
Mitre-chambers, 157, Fenchurch-street.
A private Company was established in 1857, under the
name of the Hudiksvall Steam Sawing Mill Company
(Lind ed), for the purchase of fore.ts in Sweden, and the
taking of grants or leases or other title to such forests, with
the right of selling the same ; the completion of water corn-
launicatiens for floating timber from the forests to Forssa,
and thence to Hudiksvall : erecting steam and water sawing
Mills for converting the timber into deals, and the sale of such
deals at Hudiksvail, or the consignment of them for sale to
London or other places.
The present Company is formed for the purpose of extend- i
ing the operat'ons of the above-mentioned Hudiksvall Steam
Sawing Mill Company, the shareholders in the Hudiksvall
Steam Sawing Mill Company being wilting to take payment
for the whole of the capital invested by them in paid-up
shares of the new Company.
Considerable and valuable forests in the parish of Llllherr-
dal in the vicinity of the Herje and Ljusne rivers, in the pro-
vince of Jemptland, also in Farila, have been secured upon
leases for 50 years, renewable every 10 years during the term.
of 50 years, without fine to the lessors. These forests, cover-
ing between 330 and 40) English square miles, or ?bO,OOO to
250,000 acres, are, from tie general advance in the value of
forests, supposed to be of much greater value now than they
were t the time of the purchase. About £7, 00 have been
expendeds in making dams, and clearing, the streams in the
forest, in o rder to facilitate the of te i mber to the
river Ljusne ; and about £31,000 infloatin estabg lishinh gta
water com-
nannication between Swinhammer, on the river Ljusne, and
the Mill at Forssa, including about £5,000 paid as an equi-
valent for a share in the existing floating arrangements in the
river Ljusne, thereby acquiring the right of fl ,ating free of
dues for ever. The water communications between Swin-
hammer and the Mill have been molt substantially con-
structed, under the direction of Commissioners appointed by
the Swedish Government, and consist of ducts and canals—
one of which has been cut through the solid rock—and in-
cludes a haulinga bed, worked by a steam engine, for the pur-
pose of n the to a higher level, about 40
feet, from which pintfloating there is` a fall gained of upwards of 340
feet, extending over this line of water communicat.on,with an
ample supply of water all the year round. These works have
coot a large sum of money beyond the original estimate, be-
cause the Government insisted upon their being constructed
upon a much larger scale, in order to make them available for
the public in general, This additional outlay, however, has
already begun to bear good fruits, since a profit has been
Clties eared during the last year by floating timber for other par-
onwhich soul ce of revenue is likely still further to reduce
e tio.iting expenses. About £22,700 have been expended.
the steam sawing•-mill and engines, with workshop com-
plete, which are of 'the best English workmanship, in excel-
lent condition and capable of sawing about 1,000 logs per
y Idla, thus showing the mk,snitu le of the works. X 3.60) have
. een expended at Forssa, Lillherrdal, and other places, for
!labourers' dwellings and storehouses ; they are all substan-
rtially built, and and freehold property, as well as the saw
ill, the entire line of water communication between Swin-
ammer and Forssa, the deal yards at Forssa, sundry farms,
and the shipping w harf in the por of Hudiksvall. The deals
are brought by railway, about eight miles, to Hndiksvall,
one of the best natural ports in Sweden.
From various causes the arrangements were not completed
before the year 1062, and thus the year 1863 is, in fact, the
Year in which the capabilities of the wor.,s have been tested,
and upwards of 6,000 standards of deals, of shipping quality,
Were actually produced and sold, the quality being generally
approved of in the London markets and elaewhere.
In order to make all the capacities of the works available,
which arc, without any further outlay for plant and ma-
chinery, equal to the production of 8,000 standards of deals of
shipping quality per annum, it is intended to create 3,200
shares of £5O each, 1,600 of which will be taken by the share-
holders of the Hudiksvall Steam Sawing-mill Company, who
are willing to take payment for 'the whole amount invested
by them in paid-up shares. The remaining 1,700 shares are
now offered to the public. If the capital of the Company is
extended to £200,000, it would be for the purpose of increas-
ing the operations of the Company, which is not by any means
fraproba,,le.
The total assets of the old Company on the Ist January of
this year amounted to £137,960 I9s. 2d. These assets com-
prise £1,500 still to be paid in three instalments for the lease
of the Lillherdal Forests, and also include about £33,000
for deals sold for early delivery and about 150,0)0 logs at
the mill and floating; there are also sundry other good out-
standing debts.
In order to secure to the Hudiksvall and Forssa Company
the who e profits of the current year, it is proposed that all
the„ properties as above, and assets of the Iludiksvall Corn-
,,,vanY should be takon by the Hudiksvall and Foram Com-
pany, for the sum of £,58,500 ; and that all moneys expended;
since the tat January of this year, including interest and
commission on the capital employed, be considered as ex-
pended by and tor the benefit and at the cost of the Iludiks-
va; and Porssa Company.
last
he caleu allow; based upon the actual experience of the
d
Year, show a profit of 8 per cent.. upon the extendedthe'
In with fair prospects of a further increase for the future.
In c
,_ alculation or estimate of the probable profits, allow-
ance oas be .
rest ~.,,, , (al made for a reserve fund, which, with inte-
' ""t alow the capital of the Company to be paid off at
unless it silo
the end ot 43 Years, when the leases of the forest will expire
chase new 141 be deemed expedient at that time to pur-
The Rale pric
the prices taete ',Pon which the calculations are based are
some of the grapy obtained for the last year's produce, and
their opinion that
st brokers prices e timber trade have given it as
the future. The higher are likely to be obtained for
and about 1,700 stands ills are at this moment in full work,
four weeks, which, a,ds of deals have been sawn in the last
p„,v,.,,1 average quality, will realise in the
English market u
rnent there are 10 shi"3 loadingoo net. At the present mo-
Ilucliksvall. V. at the Company's wharf at
dress
Appd
tolicatithe rokersons for shares
andin the annexed form, to be ad-
b
a receipt of the London , ,
the Secretary, accompanied by
£5 for each share applied toestrninster Bank, for a deposit
of
-, w hich will be returned, free
of charge, for all shares not ailo tted.
ILB.—This form of application
sented to the bankers entire. and receipt must be pre-
FORM OF APPLICATION FOR
fi. is
To the Directors of the Hudiksvall
Asa,RATeam Sawing
Mill Company ;Limit
Gentle Mill
Paid to ye ur bank
and Westminster Bank, the sum of .c era, the London quest that you will allot to me -- Sharea 'c,l hereby re-
Ihe above Company Pouchn the terms ot the Pro £5O each in
us, and I
h.ereby agree to accept shares, or any smstr
that may beallotted and to execute
A. . to me, a alley
number
the Articles of
saOciation when regnired.
Name in full.. ..,.......,.,•
Residence........., ...:,:'.... : .
~
Profession or occupation
....... : .
Address in full ....................
Date ~„ L .................0.