The Sun.
London, England, 1864-11-30 00:00:00

TIRE IMPERIAL MERCANTILE CREDIT
ASSOCIATION (Limited).
Are authorised to receive applications for £2,800,000
Certificates of Debenture of the
ATLANTIC AND GREAT WESTERN R SILWAY
(New York—Pennsylvania—Ohio).
Of which
One Million Two Hundred Thousand Pounds
-
Wlcw4f '4fl "
tts rti ca tfk- be issued at X9O for XlOO, to be
rederned'at par, (L 100) in British sterling, at the end of
three years, with Interest at 8 percent. per annum, payable
half-yearly,' on the 15th of May and 15th of November in
eacta yeas, the payment of the Interest in London being
guaranteed by
!CONSOLIDATED BANK (LIMITED),
LONDON,

And payable by them in British sterling.
- .
' - TRUSTEES.
Samuel Gurney, Esq., M.P.
'John P. Kennard, Esq.
Charles Mozley, Esq.
. BANKERS.
The Consolidated Bank; London and Maachester.
Messrs A. ileywOod, Sons, and Co., Liverpool.
SOLTCITORS.
Messrs 'Freshfields "and Newman, Bank-buildings, Lon-
don, E.
`'BROKERS.
Messrs., Josbna llutebieson and Son, 15, Angel-court,
T4rognorton2street,- London, E.C.
E.'F. Sattettkwaite, Esq., 33, Throgmorton-street, Lon-
don, E.C.
Messrs. T. Tinley and Sons, 44, 13nwn's-buildings, Liver-
poOl. r..
Messrs. Shcire. and Kirk, 14, St. Ann's-square, Man-
chester'.

- •
The Imperiat.',Atereantile' Credit Association (Limited),
arc•preparedit4iteii.e Subscriptions for the above amount
of Certificates o Debentures, of which £1,200,000 have
been already applied for.
The totil Wed debt over the whole system of the At•
lantic ar4l Great Western Railway is £3,600,110, and with
the exceiodronzof proceediof bonds £1,755,070, held by the
bub4c,4ll.6,line.,has been-constructed with funds advanced
by diplitililits; viherie'anticipations of profitable ratans have
been,fatmere tlaatr realised ; the railway, although only
partially :developed, exhibiting returns of traffic and re-
venue 'which.mar without exaggeration be designated un-
exampled. ;- •
When this nndeifaiiiiig*aa projected, it was found neces-
sary to iiibtaiwpawera for its construction from each State
through which it w 0414 pass. This compelled independent
orgAisatibui and Saparate,financial arrangements ; the in
convenience atendiagiwtdph has become so manifest, that
it is-determined to conaolidate the 'whole line under one ad-
ministration, J,Ppndffittjae completion of legislative enact-
ments, it Niabeeu;resoba to issue Sterling Certificates of
Debenture; payablat•iii,`Akree years; bearing interest at 8
pehoens:,psr: anninti,‘,;art, is guaranteed by the
Consolidated Bank ;and t .p Principal-secured by a deposit
with the Trustees of Bone itind ghitres itmounting-,at usual
exchange t0,£4,239,493.,
--the.Bbiids and Shares ixi'depdaited will be kept at the
Bank'of England, in the:iaamea of,the Trustees, and the
Form of Declaration of TrUst to he executed by them may
be inspected at the office of Messrs. Freshfields and New-
man, „ .
The Certificates of Debenture are in sums oil 100 aoo,
and £l,OOO each; with Coupons attached for interest at 8
percent. pr:r annum, payable half-yearly. The interest
for the whole term will 1.),.1 guaranteed by the Consolidated
Bank, with whom securities have been lodged.
..The price of issue is Axed at 90; and the instalments
are payable as follows:-
5 per cent on application.
10 „ allotment.