The Sun.
London, England, 1864-04-30 00:00:00

Bank of London.
Metropolitan and Provincial Bank, Limited.
Mercantile and Exchange Bank, Limited, London, Liver-
pool, and Glasgow.
Messrs. Samuel Smith Brothers and Co., Hull.
SOLICITORS.
Messrs. Edwards and Co., Westminster.
BROKERS.
Memirs. Robins and Barba, Threadneedle-street.
UMPORARY OFFICES.
At the Offices the Mercantile Credit Association, Limited,
21. Threadneedle-street
Arta the Credit Mobilier, Limited, 9, Lombard-street
SECRETARY (PRO TEM.)
Arthur Dossor, Esq.

The Company has been formed for purchasing and ex-
tending the well-known iron ship-building establishment of
Mews. Martin Samuelson and Co., of HulL The capabilities
of these works are unsurpassed by any in the kingdom —they
occupy 11 acres of ground, with water frontage to the river
Humber and river Hull, having a depth of water of 30 feet.
The present iron i-hip-building power of the establishment
is equal to the construction of 20,00 J tons per annum, at
which rate the works are now being carried on. Messrs.
Samuelson and Company have orders on hand for ships ex-
ceeding 20,001 tons ; other large orders are offered, and it is
proposed to take 11 acres of land adjoining the present yard,
and which Messrs. Samuelson and Company, ave secured,
so as to extend the works to meet the large daily increasing
profitable demand for ships, and to erect rolling mills for the
manufacture of the iron required for ship building, as well as
for all kinds of railway and engineering works.
In addition to the engineering works, foundry, and ship-
buildiag yards, there is a patent slip for repairing ships of
the largest class. This is a highly profitable part 01 the busi-
nese. The demand for the use of this patent slip has been
such that it has never been unemployed since Messrs. Samuel-
s n and Company constructed it at a considerable cost some
years ago.
The situation of this establishment gives it special advan-
tages over others of a like character. The pri a of ship-build-
ing labour is lower at Hull than in any of the iron ship-
building ports of the kingdom; it is in the great iron district
of Yorkshire; coat is cheap, railways run into the works,
and connect them with all parts of England. Freights are
very moderate from Hull, and the large timber trade of
Hull offers advantages for the purchase of the timber, which
is used in large quantities, on highly advantageous con-
ditions.
Two thousand workmen are now employed at the works.
The present orders in hand for ships, engines, and general
engineering work amount to above £300,000, all at very remu-
nerative prices.
Reports made by some of the most eminent engineers who
have examined the works, and who are specially acquainted
with this branch of manufacture, show that after making
large allowances-30 per cent. off the capabilities of the
worts, the trade will, with the Judicious management and
employment of the capital, ret r dividend of 20 per cent.
and upwards to the shareholders, and if the works continue
to be fully employed, a much larger amount.
The teems oft urchase are highly advantageous ; the plant
and machinery, buildings, freehold and leasehold premises,
together with al the stock of materials, are to ba taken at
the valuation of two engineers, one named by the Company
and the other by the vendors, with an umpire in the usual
way. The goodwill of the business, including the profit
on works In hand is to be paid tor at one year's pur-
chase of the net m,ilts, but on an average of three years'
working.
In the event of no allotment being made, the deposits will
be returned in fu 1. Should a less number of shares be al'otted
than is 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 Appliaatlou for Shares may be
obtained at the Temporary Offices of the Company, 21,
Threadneedle-street, and 63, Lombard-street, and of the
Brokers and Solicitors.
April, 18Cai. •

FOR/11 OF APPLICATION FOR SHARES.
To be retained by the Bankers.

No. -
To the Directors of the Humber Iron-works and Ship-build-
ing Company (Limited).
_. ._

Gentlemen, -
Having paid to your bankers, , the sum
of £ , being a deposit of £1 per Share on
Shares in the above Company, I hereby request that you will
allot me that number, and I agree to accept such Shares, or
any less number you may allot to me; and I agree to p .y the
deposit on allotment, and to sign the Articles of Association
of the Company 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
Profession
Date

THE HUMBER IRON WORKS AND SHIP
BUILDING COMPANY (Limited).
NOTICE IS HEREBY GIVEN, that the LIST of APPLI-
CATIONS for SHARES in this Company will be CLOSED
on TUESD ,Y next, the 3d May, at f ur o'clock, for London,
and WEDNESDAY, the 4th May, at 12 o'clock, for Country
applications.
By order of the Board,
ARTHUR DOSSOR, Secretary pro. ton.
London, 21, Threadneedle-street, April 30,1564.