The Sun.
London, England, 1864-09-09 00:00:00

SOLICITORS.

Messrs. Newbon, Evans, and Co., Nicholas-lane, B.C.
BROKERS.
Messrs. Laurence, Son, and Pearce, Lothbury, E.C.
Messrs Field, Son, and Wood, 9, Warnford-court, Throg-
morton-street, E.C.
Messrs Robins and Barber, 29, Threadneedle-street, E,C.
Messrs. Herefall and Penny, Liverpool.
Messrs. Todd and Ashton f
Messrs Shore and Kirk, Manchester.
SECRETARY (pro tem.)—Alfred Lowe, Esq.
Temporary Offices—SO, Lombard-street, E,C.

PROSPECTUS.
This Company is an extension of the Credit Foncier
(Limited) and of the Credit Mobilier (Limited) which were
established, the former for financial business in connection
with land, the latter for general financial operations.
The unexampled success achieved by those companies,
whose reports, just published, show the amount of net
protits,upon a paid-up capital amounting jointly to £lOO,OOO,
to be at the rate of upwards of 190 per cent. per annum, and
who have each declared a dividend and bonus of £2 per
share on £5 paid for less than six months' working, besides
carrying £40,000 to the reserve fund, and the enormous ac-
cession of business of both companies render it absolutely
essential to increase the capital, and thus enlarge the basis
of their operations.
With this view it has been determined to found the pre-
sent powerful institution, which will absorb the two com-
panies, and will take over the whole of their assets, includ-
ing their united reserve fund, amounting to £40,000. and
will also of course assume their engagements, and the
Directors believe that the increased means the issue of
new capital will place in their hands will enable them to
effect even greater results than have been already achieved.
The distribution of the shares will be made in the follow•
ing manner, by which it will be seen that a liberal propor-
tion has been appropriated for allotment amongst the gene-
ral public.
10,000 Shares will be issued to the shareholders of the
Credit Foncier (Limited) at par. in exchange for
the like number of shares now held by them.
30,000 Shares will (at their option) be allotted to the share-
holders of the Credit Foncier (Limited) (being at
at the rate of three new shares for each share
Yield in that Company), which will be issued as
follows, viz.: —Two of such shares at a premium
of £2 13s 4d per share, and for every two shares
so taken one additional share at par.
10,000 Shares will be issued to the shareholders of the
Credit Mobilier (Limited) at par, in exchange
for the like number of shares in that Company
now held by them.
30,000 Shares will be allotted (at their option) to the share-
holders of the Credit Mobilier (Limited) (being
at the rate of three new shares for each share held
in that Company), which will be issued as fol-
lows, viz. :—Two of such shares at a premium
of LL 13s 4d per share, and for every two shares
so taken one additional share at par.

20,000 Shares will be issued to the public at a premium o
.C. 2 13s 4d per share.

100,000
The total premium on the above mentioned shares will
amount to £160,000, which, with the sum of £40,000, the
amount of the reserve funds of the Credit Foncier (Limited),
and of the Credit Mobilier (Limited), will be carried to the
reserve fund of the amalgamated Company, which will then
amount to £200,000.
The amount to be called up, viz., £5 per share on the
shares issued at a premium, together with the LI 13s 4d per
share premium thereon, to be paid by the following instal-
merts:—
On application £1 per share, to bo carried to capital
account.
On allotment, £2 per share, of which £1 to be carried to
capital account and £1 to be carried to premium account.
10th December, £1 138 4d per share to be carried to pre-
mium account.
10th February, 1865, £1 106 per share to be carried to
capital account.
10th April, 1865, £1 10s. per share to be carried to capi-
tal account.
The amount to be called up, viz,, £5 per share on the
shares issued at par, to be paid as follows, viz.:—
On application, £1 per share ; on allotment, £1 per share;
10th February, 1865, £1 10s. per share ; 10th April, 1865,
£1 10s. per share—which will be carried to capital account.
But as all the shares will participate in the next divi-
dend declared, pro rata, according to the amount paid up,
the valuable option has been reserved, enabling all allot-
tees to pay up the instalments immediately on allotment,
or at any time in advance of their being due, up to £5 per
share.
The total amount of paid-up capital will be £500,000, and
the reserve fund will amount to £200,000.
The following is a comparative statement of the estimated
value of the undermentioned shares as represented by the
current prices on the Stock Exchange, viz :

.. by
it cs
"8 .-
EP