The Sun.
London, England, 1864-02-05 00:00:00

THE CREDIT FON lER (Limirpo,—
LAND CREDIT COMPANY for GREAT BRITAIN

and IRELAND.

The MERCANTILE oitEDITISOCIATION (Limited)
are prepared to recei. e Subscriptions for the Capital of the
Cred,t Foncier (Limited).
To be Inc .rporated under "The Companies Act, 1862."
Capital 5.3,000,000, in 30,000 Shares or tit° each.
First Issue, ;o,' GO Shares.
Deposit on application, £1 per Share, and on allotment.
Subsequent calls not to exceed £5 per share, and at intervals

of n't fepa than three month's.

It is not intended to call up more than £2O per Share ; but
as the opt rat one of the Company increase, and more share
capital can be arlyantageously employed, further issues of
shares will be made, a preference being given to the then
existing Shareholders.
The Mercantile Credit Association (Limited) will act as
Financial Agents.
DIRECTORS OF TUE MERCANTILE CREDIT ASSOCIATION
(LIMITED).
Xenophon Ball!, Esq., Merchant, London.
Thomas Dakin, Esq., Alderman, Abchurch-lane.
James Dickson, Esq. (Messrs. Lenox, Nephew, and Co.,

_
London).
William 11. liarford, Esq. (Messrs. Sir W. Miles, Bart., and

Co., Bristol). . ,
P. D. Hadow, Esq., Deputy Chairman Peninsular and Oriental
Steam Navigation Company.
Gcorae F. Hoiroyd, Esq., Director of the London, Chatham
and Dover Railway Ccmpany.
J. G. Homere, Esq., Merchant, London.
P. Prondfoot, Esq., Manchester.
James Pim, Esq., Dublin.
Joseph Thornton, Esq., Beaver Hall, Southgate.
F. G. Westmorland, Esq. (C. Joyce and Co.), London.
Alfred Wilson, Esq.' Director of the Bank of London.
Michael Zarifl, Esq. (Zarifi Brothers), London.

DIRECTORS.
The Right Hon. JAMES S fUART WORTLEY, Chairman.
Lord Otho Fitzgerald, Director of the Midland Great Western
Rail way of Ireland.
The lion. T. C. Haliburton, MP.
Edward Warner, E-q., M.P.
Joseph Boyce, Esq., Director of the Royal Bank of Ireland.
Alexander Dunbar, Esq.. 57, Old Broad-street.
Alexander Boyle, Esq. (Messrs. Boyle, Low, Murray, and
Co., Thinkers), Dublin.
Charles Ellis, Esq., Lloyd's.
Adolphe Hakim, Esq. (Messrs. Pinto, Hakim Brothers, and
Co.), London.
James Levick, Esq., 9, Kiae's Arms-yari.
James Pim, Rsq. (Messrs. James Pim and Co.), Dublin.
Henry Pownall, Esq., Russell-square.
John Westmorland, Esq., Director of the Royal Insurance
Company, London.

BANKERS.
Messrs. Ma terman, Peters, Mildred, and Co.
The Bank of London. •
Messrs. Hallett, Ommanney, an i Co., Westminster.
The Royal Bank of Ireland, Dublin.
SOLICITORS.
Messrs. Edwards and Co., Westminster.
Messrs. Newbon, Evans, and Co., 28, Nicholas-lane.
BROKERS.

Messrs. Field, Son, and -ii:O-O-d-,--9-,.Warnford-court. Throg-

rnorton-street.
Messrs. Robins and Barber, 29, Threadneedle-street.

SECRETARY (pro tem.)—G. W. Bennwell, Esq.
Temporary Offices—Offices of the Mercantile Credit Associa-
tion, 21, Threadneedle-street.
PROSPECTUS. _ _

The great success which has attended the operations of the
"Credit Fonder " in France is well known, and is evidenced
by the tact that the original Shares (.£ i 0 paid)are now worth
£3O in the market, the la.•t dividend decl red being at the
rate of 16 per cent. per annum, after providing a large reserve
fund. _ __ _ _ _

A conviction of the advantages which would be der ved
from the introduction of the same system into this country,
and of the large profits attendant thereon, has I,•d to the for-
mation of the "Credit Fonder' for Great Britain and Ire-
land, which for many months past has been under care ul
consideration. Although the objects of this Company are to
some extent identical with those of another undertaking re-
cently introduced, yet the field of operation is ample f ,rboth,
and there a e also certain lucrative branches of business pro-
posed to be undertaken by the "Credit Frontier" which do
not a,,pear to have been contemplated by the Company re-
fe red to. _

The transactions of the Credit Companies recently estab-
lished range over a variety of interests, but they do not em-
brace the objects of the "Credit Fonder," as the daily ex-
perience of parties seeking for advances on landed securities
suffieientiv testifies.
The "credit Fonder " will receive money on deposit at
fixed rates, and will issue debentures for Lng or short
periods
Advances will be made upon all kinds of in, erests in lands,
buildings, and also upon approved securities, to be repaid as
may be agreed upon.
One of the main objects of this company will be to make
advances upon the deposit of title deeds. Borrowers, to whom
time is frequently of the utmost importance, will thus be
enabled to obtain Loans for short periods, without the delay
and expense to which the, are now invariably subjected, and
to avoid which a hiA rate of interest will readily be paid:
from this source alone the Directors anticipate that consi-
derable profits will arise.
In addition to the employment of its own resources, the
" Credit. Fonder" will act as agent between the capitalist
and the borrower, and will, in such cases, for an adequate
commission, if desired, guarantee the sufficiency of title and
security.
Whilst the commercial value of landed property will thus
be enhanced, and every reasonable facility granted to bor-
rowers, the profits derivable from the various sources of
revenue to arise from the transactions of the Company will
be such as to allow of the payment of large dividends to the
shareholders, after making ample allowance for working ex-
penses and a reserve fund.
In the event of no allotment of shares being made, the de-
posit will be returned in fulL Should a esa number of shares
be allotted than are applied for, the deposit will be made
available towards the payment on allotment, and the balance,
if any, returned to the applicant. Prospectuses and forms of
application for shares may be obtained at the Offices of the
Mercantile Cre iit A ssociation,2l, Threadneedle-street, of the
Brokers, and of the Solicitors.

FORM OF APPLICATION FOR SHARES.
To be retained by the Bankers.
No.
To the Directors of the Cr, dit Foncier (Limited).
Gentlemen,—Having paid to your bankers • the sum
of X—, being a deposit of X 1 per share on shares in
the above company, I hereby request that you will idiot me
that number, and I agree to accept such shares, or any less
number you may allot to me ; an i I agree to pay the deposit
on allotment, and to sign the Articles of Association of the
omr any when required, and I authorise you to insert my
name on the Register of Members for the number of shares
allotted to me.

Usual signature
Name in full
Residence
Profess lon
Date February, 1864
• Insert Banker's name.