The Sun.
London, England, 1863-05-22 00:00:00

WilliWm Patrick Andrew, Esq., Chairman of the Seind,,
Punjaub. and Delhi Railways.
Samuel Beale, Esq., M.P., hairman of the 111id1and Rail-
y.
Wa
dward Blount, Esq. (Messrs. E. Blount and Co., Bankers,
Paris).

ThOmas Brassey, Etq., jun., 4, Great George-street, West-
Minster.

Charles P. Devaux, Esq. (Mess: s. C. Devaux and Co.)
Sir Stuart Alexander Donaldson, formerly Colonial Secre-
tary of New South Wales.
James Thompson Mackenzie, Esq., Deputy-Chairman of
the Eastern Bengal Railway.
John Bramley-Moore, Esq., M.P., Liverpool.
Mr Alderman Salomons, ALP., London.
Samuel Len Schuster, iesq. (\i es,rs Schuster, Son, and Co) Charles Turner, Esq., M.P., Liverpool.
George Worms, EFq. (Messrs. G. and A. Worms.)
Sotacrrous.
Messrs. Baxter, Rose, I•it rton, and C0.,6, Victoria .stre et,
Westrainste".

BANKERS.
The London and Westminster Bank.
The Uni n Bank of London.
BROKERS.
Messrs. Joshua Hutchinson and Son.
Messrs. Laurence, Son, and Pearce.
SECRETARY (Fro tern).
J. L. Sawer, Esq.
Temporary Offices, 62, Ring William-street, City.
PROSPECTUS.

Ldon, May,
'The foundation of institutions on the Continent whichlBC3. com-
bine large capital and credit f r financial and industrial en-
terprise has now become an established fact, and in many
cases their success has been remarkable. Such institutions
may be abused, and become mere instruments of speculation ;
but when prudently conducted and nirected towards lee-Pi-
mati usinesa it cannot be denied that they meet' ne of the
real wants of 'he age.
England
onse has hither° not participated
to in this
.n movement,
and the cquence is, that Paris has a c siderable ex-
tent superseded London as the centre of finain ial enterprise.
London, nevertheless, affords by far the best sphere for a
well managed undertaking of this description. It is the
greatest money market of the world ; the point to which all
oreign nations resort to raise capital ; the niece where large
contracts can be made and leans negotiated. There is clearly
no oth, r money market where concentr ted capitcl and credit
ought to command a more se ure or a larger profit.
England also, in her Colonies, and above all in her vast In-
dian Empire, affords a field for legitimate enterprise, which
is unequalled by any oth r c untry. India, with a popul tion
of 180,000,c,00, rapidly advancing in wealth and prosperity, re-
quires nothing more to accelerate its development than the
direction towards its territory of some portion • f that vast
annual accumulation of lengllsh capital which seeks invest-
ment at a 1,,w rate of interest. To ally the demand of India
for capital at 10 or 12 per cent. with the English demand for
investment at 4 r 5 per cent., of itself affords an ample
sphere for operat,One,
it is to meet these requisites that some-ge,tiemen experi-
enced .n financial and mercantile operati me have associated
the mselves together in order to form an Fnglish company,
in alliance will the following leading r anking houses and
capitalists of France, who are about to form a similar com-
pany in Paris, under the title of " Societe gdner tie p ur
favoriser le cleveloppment de l'industrie et du commerce de la
France," the anplicltion for a concession being made by—
M. Archdeacon, Ancien Agent de Change.
M. eartholony, President de la Cie. du Chemin de Fer de
Paris it Orleans.
Bischoffshelm, Goldschmidt, and Cie., Banquiers
Paris.
MM. Edwd, lilount and Cie., Banquiers h Paris.
M. Callen D'Anvers, flanquier h Paris.
M. Davillier (Henri), President de la Chambre de Commerce
de Paris.
M. Deniere, Pr(sident du Tribunal de Commerce de Paris.
M. sere, Censeur de la Banque de France.
MM, lientsch, Lutseher, and Cie , Banquiers it Paris.
maM. Leroux (Alfred), Depute au Corps LeAslatit.
ce Lucy Sedillot, Ancien President du Tribunal de Com-
.-e la Seine.
MM. Mirabaud, Paceard, and Cie , Banquiers h Paris.
Perier (J 1).), Regent de la Banque de France.
M. Pittard, du e omptoir d'Escompte de Paris.
M. Schneider, Vice-President du Corps Legislatif.
14. F'.lllollB, President de la Cie. des Chemins de Fer de
l'Ouest.
AL P. ralabot, Directeur des Chemins de Fer de Paris h
Lyon, et it la Mediterranee.
A treaty has been shoed with this party by which they
Subscribe for 20,000 shares in this Company's present issue,
and the same number in case of a second issue, the Company
eubscribing for 20,000 of t heir shares, and arrangements being
made by which the two Companies act as each other's agents,
and have the ontion of participating to a certain extent in
each others operations.
The business will be to negotiate Loans and Concessions,
Assist industrial enterprises, Public Works and Railway un-
dertakings ; negotiate Foreign, Indian, and Colonial Bonds ;
conduct Mercantile transactions ; and establish agencies for
large commission business • in a word, to undertake all such
operations as an intelligent experienced Cap talist might
effect on his own account with a capital of millions, with the
exception of such purely speculative transactions as are pro-
hibited by the Memorandum of Association.
The credit and resources derived from a large subscribed capi-
tal could thus be employed in earning dividend with a com-
paratively small paid- up capital. It is probable that not more
than 40 or 50 per cent would ever be called up on any shares,
a further issue being made whenever the increase of business
required it. No call will exceed £2 per share, or be made at
interv.,is of less than two months.
Instead of fixed salary, the Directors will receive no reeeu-
rneration until the Shatehorders have a dividend of 5 per
cent. or upwards, and will then be paid by an allowance of
10 per cent. on the divisible profits of the year; and their
interests are further identified with the success of the Com-
pany by clauses in the Articles of Association, and by giv ng
them the privilege of taking a fifth of any further issue of
shares. Subject to this, and to the subscription of 20,00
shares in each New Series by the French party, all new
shares will be distributed pro rata among existing Share-
holders,
20,0 0 shares have been subscribed as above stated by the
French p .rty, and the remaining 105,100 by private subscrip-
tion ; but arrangements have been m de for deducting om
these subscriptions, so as to give the public the option of
übseribiirc for 35.000 shares.
Copies of the Memorandum and Articles of Association lie
for inspection at the office of the Solicitors. Messrs. Baxter,
Rose. Norton, and Co ,6, Victoria-street, Westminster ; and
at the Temeorary Offices of the Company.
Applications for shares may be made to the Directors, c 2,
Son, 1
Ring
5, A steel William-street, city ; to Messrs. J. Iluschineon and
curt ; r r to Messrs. Laurence, Son, and Pearce,
Auction Mart, Bartholomew-lan
THE GENERAL CREDIT AND FINANCE COMPANY
OF LONDON (LIMITED).
FORM OF APPLICATION FOR SHARES.
To the Directors of the General Credit and F.nanceCompas y
of Lond n (Limited).
Gentlemen,—l request you to allot me Shares in the
Gen, ral Credit and Finance Company of London (Limited);
and I hereby agree to become a member of the Company, to
accent such Shares, or any less number that may be allotted
to me, and to pay the £2 per Share on allotment ; and I re-
quest you to place my name on the Register of Members in
respect of the shares allotted to me.
I am, Gentlemen, your obedient se, want,
Name in full
Address in full
Reference
Date