The Sun.
London, England, 1864-06-22 00:00:00

IiLNAHAN'S LL WHISKY v. COGNAC,
ThisBRANDY.
ETCH BRANDY, celebrated Old IRIS a WHISKY rivals the finest
It Pare, Mild, Mellow, Delicious, and very Wholesome.
the
in Bottles, 3s. &L, at the Retail Houses in London ; by
4t Agents in the prinoipal towns in England; or wholesale

8, GREAT WINDMILL-STREET, W.
Observe the Redhis Seal, Pink Label, and Cork branded
Rinshan's LL Wky."

ISSUE of £300,000 MORTGAGE DEBEN.
TURES of the CITY OFFICES COMPANY (Limited),
secured by Special Mortgage, being a first charge upon City
PLondon Freehold and Long Leasehold Property; and the
ie Payment of both Principal and Interest guaranteed by
61,C credit Fonder (Limited) and Credit Mobilier (Limited).

DIRECTORS OF THE CITY OFFICES COMPANY
(Limited).
IT. P. L. Astley, Esq. (Messrs. Astley and Co.), Nicholas-
lane.
-Thomas Dakin, Esq., Alderman, Abchurch-lane,
Charles Ms, Esq., Lloyd's.
James Levick, Esq., King's Arms-yard,
Edward Masterman, Esq. (Iles rs, Masterman, Peters, and
Co.), London.
Edward Warner, Esq., M.P.
Ar• G. Westmorland, Esq. (O. Joyce and Co.\ London.
The Hight Hon. James Stuart Wortley, London.
BANKERS.
The: Agra and Masterman's Bank (Limited), Nicholas-
lane, E.C.
SOLICITORS.
Messrs. Hughes, Masterman, and Co., Bucklersbury.
Messrs. Edwards and Co., Westminster.
Messrs. Newbon, Evans, and Co., Nicholas-lane, Esq.
BROKERS.
ItesQrs. Laurence, Son, and Pearce, Lothbury, E.C.
Messrs. Field, Son, and Wood, 9, Warntord-court, Throg-
...niorton-street, E.C.
aLessrs. Robins and Barber, Threadneedle-street, B.C.

SECRETARY.
G. W. :Benwell, Esq.

PROPOSAL AND TERMS OF ISSUE.
__The Credit Fonder (Limited), in conjuction with the Credit
Alobilier (Limited), a:re prepared on behalf of and as Financial
Agents for the City Offices Company (Limited), to receive
pubscriptions for £30P,000 of Mortgage Debentures at par.
£l.OO, £250,
by the rjity Offices Company (Limited), in sums of
-"vo, 4250, £5;O, or £l,OOO, bearing interest at 5 per cent. per
annum for five years ; at the expiration of which term the
Debentures will be paid off at par.
The terms are
23 Per CPnt. subscribing.
23
~. on Ist August. The whole amount
20 - on Ist September. or may be paid at the
20 on Ist November. time of subscribing
20 „ on Ist January, 1865.
£lO,O Total.

The Bankers are instructed to decline all further Subscrip-
tions when the sum of .f.,300,C00 has been subscribed.
Interest at 5 per cent. per annum will be allowed on each
instalment from the date of payment thereof, but the whole
amount of each Debenture may be paid up on subscribing,
and in that case interest on the full amount of the Debenture
Via commence from that date. Instalments not duly paid
sill render previous payments liab!e to forfeiture. Provi-
sional Certificates will be issued until the last instalment be
Raid, when the Debentures will be given in exchange for
such certificates ; where, however, the Debentures have been
aid in lull at once on subscribing, they will be delivered
4m.mediate y.

INTEREST —WHEN AND WHERE PAYABLE,
Warrants or Coupons
pa,ale for the interest will be attached to
VteADebenture, quarterly, viz., on Ist October, Ist
a..ery, Ist April, and Ist July in each year. The Coupons
i4-I_lo payable at the Agra and Masterman's Bank (Limited),
—'uc)las-lane.

SECURI TY.
-,,./3Y the specific terms of these Debentures they will be a
-!,irst Charge on the whole of the undermentioned propertie ;
of the Company, the Company reserving to themselves lull
Powers of Leasing and Management in such manner as they
bitty think beneficial.
l• The Freehold Premise 4, 95, 25A, 26, 27, in Clement's-
lane, Lombard-street, with Nos. 9,10, and 11, in Nag's Head-
-10(1.rt, and 3,4, and 5, Church-court; the whole will form a
utagnifiThe cenwt block of new Premises.
2. ell-kip-ma Leasehold block of New Offices, situ-
atted 27, Leadenhall-street, and extending back to Lime-
t.i.treet-square ; it has been erected within the last three years
Lime-
from the designs of John Whichcord, Esc., and contains 120
first-class Offices, with four shops ; hai fire-proof corridors
141 d stone staircases, and possesses the most modern improve-
'netts. The lease is for 94 years, at a ground-rent of £750 per
annum,
3. The handsome edifice erected within the last seven
)'ears, from designs by John Barnett, Esq., Architect, for
Messrs. John Sarl and Sons, and situated 17 and 18, Corn-
Ain, directly opposite the Bank of England. These premises
-are leasehold,
held for 60 years, at a ground-rent of £6OO per
4. The new and substantial block of offices, situated No. 63,
Great Tower-street, near Mark-lane, erected within the last
:tree yews, and built in the most substantial manner. It is
weehold, and contains 55 office besides vaults.
▪P. Is one of the largest blocks in the City, and is situate in
21shopgate-street Within, opposite St. Helen's place, and
-.a the centre adjoins Gresham Hotise ; this property, when
Covered, will comprise the la best and most conveniently ar-
ranged offices in the City. It is leasehold for 99 years, at a
ground-rent of £4,000 per annum.
6• . The Freehold property, adjoining the above property in
isishopsgate-street Within.
VALUE OF SECURITIES.
The whole of the properties, Nos. 1,2, 3,4, and 5
before-mentioned, have been purchased by the
City Offices Company (Limited), for the sum of £365,000
In addition to which they have since acquired No
6 (and some other interests , say
increased value by an estimated outlay for new
buildings in course of erection on sites Nos. 1,
5, and 6, and alterations to No. 3

32,000

90.000

To which add for addition 1 contingent outlay,
bay

Making a total of £500,000

INCOME AND REVENUE FROM SECURITIES.
Of 11118 sum £300,000 is the amount to be raised on mut-
yage Debentures, the remaining 0,000 being provided by
41,e City Offices Company out of Share Capital.
Tie whole of the Properties are adapted,
and let, or to be let, for Mercantile and
Banking Offices, &c., and the gross in-
come, inc:uding the rentals of the New
Buildings in course of erection, is esti-
.,,rnated at £50,000 per annum
Deduct for Ground Rents and Sinking
Fund (on the Leasehold portion), In
&c~ say

Leaving available as Securii y for the Interest re-
£16,000 per annum.
quires on the £300,000 Debentures to be
issued ; the amount of interest so re-
quited at 5 per cent. Is

Leaving a Surplus Income available for
dividend on the £2o' 00 Share Capital
of

GUARANTEE OF CAPITAL AND INTEREST.
, In addition to the above-mentioned properties, and this
,nlple surplus, both in value and income, and the covenant
',liner seal in e ,ch Debenture by the City Off es Company
(Limited), to duly pay both principal and interest which cove-
nant is secured by its large uncalled capital , the punctual
payment
of these Debentures will be further secured by the
Guarantee of the credit Fonder (Limited), and also of the
Credit Mobilier (Limited), endorsed under their corporate
seals on each Debenture.
These Debentures will be transferable in the same manner
as railway debentures by ample transfer form.

SECURITY CONVERTIBLE AT ANY TIME.
_ This will doubtless be appreciates by those who, whilst
feking a first-class home investment, free from risk or lia-
°lilt?, are still desirous of having- their capital easily c n-
Vertible in case of need, and with a view to make them alike
4Ya lable for temporary as well as permanent investments,
application will be made to the Stock Exchange for their
ciltotatLn in the official list.

SUMMARY OF SECURITIES.
The total guarantee to the Deben ure holders of this loan
*RI.II be as follows
Preehold and Leasehold Properties
The City Offices Com, any (Limited, uncalltd
Capital
The t redit Foncier (Limited), Capital
The Credit Mobilier (Limited), Capital 500,00u

Total £2,300,000
Thus making these Debentures an entirely unexceptionable
security, and whilst colonial and foreign investments are
abundant enough, a well secured 5 per cent. English invest-
rnent is very scarce ; such a security, it is believed, is now
offered, and as su^li is specially adapted for trustees, bankers,
insurance companies, mercantile and private investors.
forms of Application are attached hereto, and may be bad
at the Offices of the Credit Foncier (Limited), and the Credit
obilier (Limited), SO, Lombard• street; and of the City
Offices Company (Limited), 7e, Cornhitl ; also of the Bankers,
Solicitors, and brokers.
-London, 21st June, 1661.

CITY OFFICES MORTGAGE DEBENTURES.
FORM OF APPLICATION.
To the Directors ol the City Offices Company (Limited).
No
Fraying paid to the Agra and Masterman's Bank (Limited),
the sum t f £ being 20 per cent. on £
in value of Mortgage Debentures of the City Offices Com-
pany (Limited), upon terms of the Prospectus attached hereto,
I hereby subscribe for and accept such Debentures, and
agree to pay the further instalments as they respeztively be-
come due.
I am, Sir, your obedient servant,
Signature
Name in full
Address .
Date

I request the amount may be made out in Debentures of
4 each.

THE CREDIT MOB ILIER (Limited),
80, Lombard-street, E.C.
Capital, £1,000,000, in 20,001 Shares of £5O each.
Subs zibed Capital, £500,000, in 10,000 Shares.
DIRECTORS.
Chairman—The Right lion. James Stuart Wortley.
The ion. T. C. Haliburton, John Westmorland, Esq.
51. p. Edward Warner, Esq., m.r.
Alexander Dunbar, Esq.
Ado Char,es Ellis, Esq.
phe Hakim, Esq Jame., Levick, Esq.
Charles E. Newbon, Esq. Henry Pownall, Esq.
MANAGER.
Albert Grant, Esq.
BANKERS.
lres,rs. Masterman, Peters, Mildred, and Co. London.
Messrs. Smith, Payne, and Smiths, London.
...This Company is prepared to negotiate Government and
.-tunicipal Loans, and to aid in carrying out Concessions.
To make advances on approved securities.
, To effect the purchase and sale of Shares, Stocks, &e, and
To transact financial business generally.
Also to receive money on deposit, for BRIEF or EX-
TENDED periods, on terms to be agreed upon.
Communications to be made to the Manager.
THOMAS SHORT, Secretary.
Temporary Offices, 80, Lombard-street, London. E.C.

THE CREDIT FONCIER (Limited),
SO, Lombard-street, E.C.
Capital. £1,000,09n. in 20,0.0 shares of £5O each.
'ubscribed Capital, £500,000, in 10,000 Shares.
DIRECTORS.
Chairman—The Right Hon. James Stuart Wortley.
Deputy Chairman—James Levick, Esq.
The Hon. T. C. Haliburton, I Adolphe Hakim, Esq.
3Lp. Henry Pownall, Esq., J.P.
l'idward Warner, Esq.. :IT.P. John Westmorland, Esq.
Alexander Dunbar, Esq I Charles E. Newbon, Esq.
Charles Ellis, Esq.

MANAGER.
Albert Grant, Esq.
BANKERS.
Messrs. Masterman, Peters, Mildred, and Co.
Bank of London.

This Company advance money on the deposit of Title
Deeds of approved Freehold or Leasehold Property in Great
Britain, with or without regular Mortgage.
Loanrts Titles or Securities, and, as Agent, negotiates
„ on Mortgage, tor long or short periods ; also,
,neceives Money on Deposit for FIXED PERIODS ONLY,
46 'Pedal rates to be agreed upon.
Communications to he addressed to the Manager.
ALFRED LOWE, Secretary.
TeraPorarY Office, SO, Lombard-street, E.C.