The Sun.
London, England, 1864-04-08 00:00:00

THE WEST OF ENGLAND WOOLLEN
3IANUFACTURING COMPANY (Limited).
,Predk. DIRECTORS.
Elgg, Esq., Spring-mount, Championill, S.
"lin Britten, Esq. (Messrs. Britten and Co.), London-wall,
London, E.C.
-L▪
atent.-Gen. Carmichael, C. 8., Hyndford House, Brompton,
S. vir.
Edmonds, Esq. J.P., Berryfield, Bradford-on-Avon.
"
"rshall Hall, E'sq , J.P., Barrister-at-Law, Blacklands-
Park, Caine, Wilts: and Temple, E.C.
B. Phillips, Esq., Rawtet 'stall, near Manchester.
Tlirl"' Early Smith, Esq. (Messrs. Early and Smith, Woollen
Merchants and Army Clothiers), London, N E.
•▪
H. Watts, Esq , Woollen Merchant, Leeds.
SOLICITORS.
liressrs. Peke and PolloA, 63, Lincoln's-inn-fields, W.C.,
London.
BROKERS.
Messrs. Froom Brothers, Change-Wel, Cornhill, London.
BANKERS.
The Alliance Bank (Limited), Lothbury, London.
The cital investewill be turned ver t least fnur titres
Year, soap that a profit of 25 per cent anua um may be safely
ea Mated on:
Prospectuses, torn's of application, and every information,
be obtained at the offices of the Company, 28, Cornhil I,
"'ondon.

THE WEST OF ENGLAND WOOLLEN
MANUFACTURING COMPANY (Limited).
~..NOTICE.—No application for ShATs will be received alter
AtONDAY, the 11th inst.

By order,
R. BIJLGIN, Secretary.

London, 28, Cornhill, April 4, 1861.

THE INTERNATIONAL LAND CREDIT
COMPANY (Limited).

Capital Eight Millions, with power to increase.
First issue £6,000,000, in 300,000 Shares of £2O each, of
Vhich 250,000 are subscribed for on the Continent, the re-
alaining 50,000 being reserved for England. £1 deposit on
APplication, £1 on Allotment.
There will be two Calls of £2 each during the present
Year, after which it is not expected that further Calla will
be made.

DIRECTORS.
ENGLISH BOARD•
ehairtaatt—GEOßGE WORMS, Esq., Director of the
General Credit and Finance Company of London
(Limited).
Sir Stuart Alexander Donaldson, Director of the General
Credit and Finance Company of London (Limited),
lord Robert Cecil, M.P.
Colonel th. Hon. W. Patrick Talbot.
Sir
James Emerson Tennent. _

CONTINENTAL BOARD.
4dOlPhe Dechamps, Ministre d'Etat, Ancien
Ministre des Alf Aires Estrangeres, Membre
ds la Chambre des Representants.
rierre de Decker, Auden Ministre de' nterieur,
Membre de la Chambre des Representants.
Comte Comte
d'Hane-Steenhuyae, Proprietaue.
"rnie de Liedekerke-Beaufort, Membre de la
Chambre des Representants.
Andre Langrand-Dumonceau, Proprietaire.
clouard Mercier, Ministre d'Etat, Ancien
Iginistre des Finances.
41Phonse Nothomb, Ancien Ministre do la
Justice, Membre de la Chambre des Repre-
sentants.
Marquis Theodule de Rodeo, Proprietaire.
Cornte Adhernar du Val de Beaulieu, Proprie-
c Lire.
Ignace van der Straten-Ponthoz, Pro-
rietaire
Pe p
rdinand Schaefer, Directeur-en-Chef de la Banque de
Credit-Foncier et Industriel, Vienna.

Bruxelles,

BANKERS.
l'clidon—The General Credit and Finance Company of
London (Limited).
Brussels—Banque de Credit-Foncier et Industriel.
Vienna—The Branch of La Banque de Credit •Foncier el
_ nduetriel.
Paris--The Branch of La Banque do Credit-Foncier ei
Industarie.
Antsterdml—La Societe Generale de Commerce et d'ln.
dustrie.
teeth—The Hungarian Mortgage Bank.

SOLICTORS.
Messrs. Bevan and Whitting.
Messrs. Baxter, Rose, Norton and Co.
BROKERS.
Messrs. Laurence, Son, and Pearce.
Messrs. J. and A. Scrimgeour.
OFFICES.
The General Credit and Finance Company of London
(Limited), 7 Lothbury.
SECRETARY, PRO TEM.
Edward Hamilton Anson, Esq.

PROSPECTUS.
This Company is based upon existing institutions on the
Continent, which have been already worked with signal
aUccesie.
The founders of the International Land Credit Company
have previously established—
In B •
e glum, La Banque Hypothecaire Beige and La
arique de Credit 'Fonder et ladustriel (the Belgian Mort-
gaige Bank and the Bank of Industry and Land Credit)
Holland, La Banqe Hypothecaire Neerlandaise (the
Netherlands Mortgage Bank).
IA
.Austria, the Vindobona Mortgage Assurance Corn.
Luang
viT,theY have all progpered. The success they have met
‘4 is established by authentic documents. It may be
said .
for , without exaggeration, that the results are brilliant;
theta Companies have produced to their Shareholders an
en„erage dividend of 20 per cent.) and some of them much
e.
The •
, 1?13 has
/A experience acquired by the working of these
development to
led to the conclusion that, in order to give full
„ert°Pment to the principles which have proved so sac-
te"
it is desirable to found a Central Company of an
be' to
character, the main functions of which should
to raise capital by the issue of bonds and " lames de
7,llge'' in the great money markets of Europe, to be era-
Loved through associated local Companies in purchases of
rate of
or loans upon real property, in countries where the
of interat is high.
• a Banque Hypothecaire Beige, acting on this prin-
ciple
330 and established nearly three years ago, has, with a
13:111.13,9•1 capital of 5480,000 only, succeeded placing on the
-4lata market alone such an amount of " lettres de gage"
that its shares with £6 paid have risen to and maintained
themselves at £lB.
beThe capital raised in Belgium at 4 and 4i per cent has
employed principally in Austria,
hashthrou La Banque
k,redit Foncier et Industriel, which a branch at
Viennti completely organised, with a staff thoroughly
1.8
Company
in Austrian alike ; and it is shown by the books of
the'otnpany that of all its operations of purchase and sale
a Austria, not one has realised less than 20 per cent., after
2"Vueting all expenses, while generally they have reached
per cent.
Such being the result of Companies limited to the Bel-
ri,T,ll money market for raising capital, it is evident that
..241 greater results may be obtained by forming an Inter-
national Company, with a share capital large enough to
facilitate the placing of bonds and" lettres de gage" on the
money markets of England, France, Holland, and Ger-
Inany, as well as of Belgium.
Accordingly, the present Company has been founded,
Under the English Law of Limited Liability, and with an.
Office and ()fraction in London, as well as at Brussels; ar-
rangements have been made with the Banque Hypothecaire
elge for a complete fusion, while a treaty has been con-
cluded with the Banque de Credit-Foncier et Industrial,
Ichich ensures the benefit of their experience, and a large
and profitable business from the commencement, a mini.
ruin dividend of 11 per cent. on the paid-up Share Capital
eirig secured in any event, as the result of the first year's
`working,
.tjt is also proposed to enter into an arrangement with the
indobona. This Society, which has existed at Vienna
iy
tar five years, and has a capital of 10,000,000 florins, gua-
(lantees the regular payment of interest upon mortgage-
-911.31a, ,as well as the principal when due. By this means,
the business done in Austria will be rendered perfectly
-ectlre.
Vindobona is in the most flourishing state. It has
Itl,aYl the first yea 6 er cent., the second 12 per cent., the
_urd 15 per cent., , anpd at the next meeting itis expected it
Z 1 distribute 25 per cent. Particular attention is called to
18
Mint. This guarantee is one of the features which
ee..antially distinguishes this Company from other Land-
Vic Companies.
thelz Pounds (£6) per share will be called in the course of
Present year, inclusive of the payment of £1 each on
Cat
and allotment ; after which, it is not expected
anY further Calls whatever will be made. The Share
ui,ital paid up will thus be £1,300,000; and the profit
b":llred for the first year under the aove arrangements will
further increased as additional Capital is raised
pr-'"' ,Year to year by the issue of Bond and "lettres de
rae das the securities of the Company become natu-
ore,d,oh the chief money-markets of Europe.
2,:„") amount of L 6,000,000 Capital now issued, £5,000,000
eeh'„",ooo Shares have been taken and paid upon on the
Marulent. and 50,000 Shares are reserved for England, of
t, tteh 15,000 are already subscribed, and 35,000 aro offered
11 "6 Public by subscription at the General Credit and
.11/,lee Cocles mpany of
Associationthe Company, duly regis-
-12, in London on 11th February last, under the Act of
paused at the Offices of the Solicitors, where they may be

~/'ORM OF APPLICATION FOR SHARES.
ue Directors of the International Land Credit Company
(Limited).
Gentlemen,—Having paid into your Bankers the sum of
thein I request that you will allot me . Shares
International Land Credit Company (Limited), and
raaaereby agree to accept the same, or any less number that
kle allotted to me, and to pay the Calls in respect of
va Shares so allotted when due; and I authorise you to
of ge InY name on the Register of Members for tke number
Shares allotted.
I am, Gentlemen, your obedient servant,
Name in full
Profession or occupation
Addreso .. ..
1)50 .11t1t..,,,,,,wrotfultitv,