The Sun.
London, England, 1864-03-07 00:00:00

THE THAMES IRON WORKS, SHIP-
BUILDING, ENGINEERING, AND DRY DOCK
COMPANY (Limited).
Incorporated under the Companies Act, 1862.
Capital, £500,000, in 5,000 Shares of £lOO each.
Deposit £3 per Share on Application, and £7 on Allotment.
Subsequent Calls not to exceed £lO per Share, and at
intervals of not less than three months.
DIRECTORS.
PETER ROLT, Esq , Chairman,
Captain John Ford, Managing Director.
Lord Alan Spencer Churchill.
John Bonus, Esq., Cannon-street.
Frank Clark Hills, Esq., Denmark-hill.
John Stewart Margetson, Esq., Cheapside.
William Jackson, Esq., Leadenhall-street.
BANKERS.
Messrs. Prescott, Grote, Cave, and Cave, Threadneedle-
street.
SOLICITORS.
Messrs. Newb;n, Evans, and Co., 2.9, Nicholas-lane.:
BROKERS.
Messrs. Huggins and Rowsell, 1, Threadneedle-street.

AUDITORS.
Messrs. Edwards and James, King-street, Cheapside.

SECRETARY.
F. J. Divers, Esq , Orchard-yard, Blackwall.
TEMPORARY OFFICES.
18, King-street, Cheapside.

PRSPECT US.
The object of this CoompaOny is to purchase and extend the
Well-known and successful business carried on by the Thames
Iron Works and Ship-building Company (Limited), at Black-
well.
The Thames Iron Works and Ship-building Company
(Limited), was established in the year 1857, and has now
attained the foremost position in the construction of vessels
'of war and ships of the highest class for the commercial
marine. The iron for these vessels, and for their armour
plates, is manufactured on the premises, together with forg-
ings and castings of the largest class for marine engines,
bridges, and other similar works. The rolling mills, steam
hammers, foundries, smiths' shops, saw mills, dtc., are all of
the best class and in the highest state of efficiency, forming
together an establishment unequalled.
Three of the largest iron-clad frigates in the British navy
—the Warrior, Valiant, and Minotaur—have been built by
the Thames Ship-building Company, and orders have been
received for iron-clad vessels for the Danish, Russian,
Spanish, and Turkish navies, some of which are now in course
of construction.

It has been determined to add to the existing* business of
the Companz two other lucrative branches, namely, Graving
Docks and Engineering, which are naturally and essentially
connected with its present operations. For this purpose, as
well as for the large and increasing business of the Com-
pany, a considerable extension of capital will be required as
the works advance ; and in order to carry out the objects in
view, it is proposed to transfer to the new Company (subject
to payment of the dividend for the past year) the whole of
the valuable contracts, assets, goodwill, and effects of the
Thames Iron Works Company, together with its liabilities
and engagements, as from the let of January, 1864, in consi-
deration of the payment to the Thames Iron Works Company
of the sum of £275,000, of which the Shareholders in that
Company will take £150,000 in fully paid-up Shares, and
£125,000 in Debentures of the new Company, bearing interest
at 5 per cent, per annum.
The property of the Company consists of twenty acres of
freehold land on the Essex side of the River Lea, next Black-
wall, and the premises and branch works known as the
Phoenix Iron Works, Millwall, together with the valuable
plant and works.
It is proposed to construct two graving docks capablr of re-
ceiving ships of the largest class, for which the accommoda-
tion on the River Thames is at present insufficient. For this
purpose it is intended to purchase eight acres of freeho'd
land immediately adjoining the works, having a frontage both
to Bow Creek and the River Thames, which 1 nd is, at pre-
sent. in the occupation of the Company, with the option of
purchase.
'1 he proposed new graving docks will be in the immediate
vicinity of the East and West India and Victoria Docks ; and
it is confidently anticipated that from their admirable situa-
tion constant and remunerative employment for repairs,
both of ships aid engines, wi 1 be found.
The existing contracts of the Thames Iron Works Com-
pany, which will be transferred to the new Comp,ny, amount
to upwards of a million and a quarter sterling (indepeo dently
of the work in hand for the forge and rolling mills), and have
all been taken on such terms as fairly to justify the anticipa-
tion of the same r rofitab' e results which have already at-
tended the Company's operations.
All the Directors of the old Company will retain their in-
terest in the new Company, and their seats at its Board, and
the management wi 1 remain in the same experienced hander
which have hitherto conducted it so successfully, and raised
it to its present state of prosperity.
Applications for Shares to be made in the annexed form.
In the event of no allotment of Shared being made, the de-
p i.it will be returned in full. Should a less number of
Shares I,e allotted than are applied for, the depo it will be
made availl,ble tow rds the payment on aLiotment, and the
balance, if any, returned to the app icant.
Prospect use; and forms of applica. ion for Share; may be
obtained IA the Temporary Offices of the Company, 18, King-
stree', Cheapside ; and of the Bankers, Brokers, and Sol-

THE THAMES IRON WORKS, SHIP-BUILDING, EN-
GINEERING, AND DRY DOCK COMPANY (Limited).
FORA] OF APPLICATION FOR SHARES.
To be ret pined by the Bankers.
Gerit'emen,—Haying paid to your B nkero, Meters. Pre;-
co! t, Grote. Cavo, are Cave, he sum of , being a
depo.l, of per Shire on Shares in the above Com-
pany, I hereby reque t that you will allot me that number,
and I agree ,o accept such -hares, or any leqt number you
may allot to me ; and I agree to pay the deposit on allotm.nt,
and to sign the Ar ic cs of Aa6ociation of the Company when
required ; and I authorise you to insert my name on the ae-
gi,ter of Members for the number of Shares a' lotted to me
Usual sionature
Name in full
Residence
Profession
Date 15434,