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

THE GENTEItAL CREDIT AND FINANCE
COMPANY OF LONDON (LIMITED).
To be Incorporatei utvier the Companies Act, •1863 limiting
the liability of Shareholders to the amount subzcribed.
First Capital .£2,600,00 in 125,000 Shares of £2O each.
With power to increase by subsequent issues, to be decided
upon by special general meetings of shareholders.
Payment on allotment £2 per share.
DIRECTORS.

Chairman—SAMUEL liTgoThisq., late Finance Minister
of India.

William Patrick Andrew, Esq., Chairman of the &Ind.,
Punjaula. and Delhi Railways.
Samuel Beale, Esq., M.P., l hairman of the Midland
i dward Blount, Esq. (Messrs. E. Blount and Co., Bankere,
Paris). _ _

7itiOmas Brassey, Esq., jun., 4, Great George-street, West-
minster.
harks P. Devaux, Esq. (.ITess' s. C. Devaux and Co.)
Sir Stuart Alexander Donaldson, tormerly 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.
IVr Alderman Salomons, M.P., London.
Samuel Leo Schuster, I, sq. ( 1! esk rs Schuster, Son, and Co.)
Charles Turner, Esq., M.P., Liverpool.
George Worms, Esq. (Messrs. G. and A. Worms.)
M SOLICITORS.
Essrs. Baxter, Rose, NI. rton, and C0.,6, Victoria .street,
Wes t ins te

BANKEns.
The London and Westminster Bank.
The Uni Bank of London. '
BROKERS.
Messrs. Joshua Hutchinson and Son.
Messrs. Laurence, Son, and Pc aree.
SECRETARY (1 ro tcm).
J. L. Sawer, Esq.
Temporary Offices, 62, Ring William-street, CitY,
PROSPECTUS.

Lonon, May.,i3113.
The foundation of institutions on the Continent which com-
bine large capital and credit f•,r financial and industrial en-
terprise has now become an established fact, and in maws'
cases their success has been remarkable. Such institutions
may be abused, and become mere instruments of speculation
but wen rudently conducted and nirected towards
matl I hnsinpess it cannot be denied that they meet ne of the
rral wants of he age.
England has hitherto not participated in this.movement,
and the consequence is, that Paris has to ac meiderahle ex-
tent superseded London*. the centre of finely ial enterprise.
London, nevertheless, affords by far the best sphere for a
'well managed undeitakirig this
ereatest - gouty maimarket'of .tlre world . cleggriptih.t is the
;
the paint to which all
foreign nations resort to mist capital ; the place where large
contracts can be made and loans negotiated. There is clearly
to other money market where concentr .tedcapit4l and ere..
Might to command a more se ure or a larger profit.
England also, in ber Colonies, and above all in her vast In-
dian Empire, affords a field for legitimate enterprise, which
is unequalled by any other c entry. India, with a popul,tion
of 18e,eco,(4r$, rapidly advineing in wealth and prosperity, re-
quires nothing more to accelerate its development than the
direction towards its territory of some portion of that vast
annual accumulation of English 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'ons.
It is to meet these requisites that some gentlemen experi-
enced n financial and mercantile operatitns have associated
themselves together in order to form an English company,
in alliance wi.h the following leading I anking houses and
capitalists of France, who are about to form a similar com-
pany in Paris, under the title of " Societe genet' tie p tar
favoriser le developpment de 'lndustrie et du commerce de la
France," the applicltion for a concession being made by—
M. Archdeacon, Ancien Agent de Change. •
M. Partholony, President de la Cie. du Chemin de Fer de
Paris it Orleans.
MIL Bischoffsheim, Goldschmidt, and Cie., Eanquiers Parts,

MM. Edwd. Blount and Cie., Banquiers it Paris.
M. Cahen D'Anvers, Banquier a Paris.
M. Davilller (Henri), president de la Chambre de Commerce
de Paris.
M. Deniere, President du Tribunal de Commerce de Paris.
M. Fere, Censeur de la Banque de France.
MM. If entsch, Lutscher, and Cie*, Banquiers a Paris.
M. Leroux (Alfred), Depute au Corps Legislatif.
M. Lucy Sedillot, Auden President du Tribunal de Com-
merce ela Seine.
MM. Mirabaud, Paccard, and Cie, Binquiers it Paris.
It. Perier (at.), Regent de la Banque de France.
31. Pinard, du ('omptoir d'Eseomete de Paris.
M. Schneider, Vice-(resident du Corps legislatif.
S'inons, President de la Cie. des Chemins de Fer de
l'Ouest.
M. P. Talabot, Directeur des Chemins de For de Paris k
Lyon, et ft la Mediterranee.
A treaty hew been signed 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
subscribing f or 20,000 of their shares, and arrangements being
made by which the two Companies ant as each other's agents,
and have the option of participating to a certain extent in
each others operations.
The business will be to negotiate Loans and Concessions,
assist industrial enterprise-, 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
operatione as an intelligent and 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 alio resources derived from a large subscribed capi-
tal could th,,s be employed in earning dividend with a com-
paratively sm4l' paid. up capital. It is probable that not more
than 40 or 5n per tent would ever be called up on any shares,
a further issue
Noebing made whenever the increase of business
required it. call will exceed 42 per share, or be made at-
intervals of less than two months.
Instead of fixed salary, the Directors will receive no remu-
neration until the Shateho'clers 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. Subjeet to this, and to the subscription of 20,0.'0
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 nr de- for deducting fom
these subscriptions, so as to give the public the option of
aubscribinn, for 35.000 shares.
Copies of the Memorandum and Articles of Association lie
for inspection at the office of the Solicitor', Messrs. Baxter,
Rose. Norton, and Co., 6, Victoria-street, Westminster; and
at the Temr orary Offices of the Company.
Applications for shares may be made to the Directors, (2,
King William-street, City ; to Messrs. J. Ilu+chinson and
Son, 15, Ane el-, ourt ; cr to Messrs. Laurence, Son, and Pearce,
Auction Mart, Bartholomew-lane.
TIIE GENERAL CREDIT AND FINANCE COMPANY
OF LONDON (LIMITED),
FORM OF APPLICATION FOR SHARES.
To the Directors of the General Credit and F.nance Compar y
of Loud n (Limited).
Gentlemen,—l request you to allot me Shares in the
Gene 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 £? per Share on allotment ; and 1 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 servant,
Name in full
Address in full
Reference
Date