The Sun.
London, England, 1864-02-05 00:00:00

THE CREDIT FONnIER (Limited).—
LAND CREDIT COMPANY for GREAT BRITAIN

IRELAND.
The MERCANTILE and
CREDIT ASSOCIATION (Limited)
are prepared to recei, e Subscriptions for the Capital of the
Cred t Fonder (Limited).
To be Inc rporated under "The Companies Act, 1862."
Capital .£3,000,0003 in 30,000 Shares 01 XICO each.
First Issue, 10,, 00 Shares.
Deposit on application, £1 per Share, and 12 on allotment.
Subsequent calls not to exceed £5 per share, and at intervals

of newt less than three months.
It Is not intended to call up more than £2O per Share ; but
as the op' rat:cons of the Company increase, and more share
oapital can be advantageously employed, further issues of
shares will be made, a preference being given to the then
existing Shareholders.
The Mercantile Credit Association (Limited) will act as
Financial Agents.
DIRECTORS OF THE MERCANTILE CREDIT ASSOCIATION

(LIMITED).
Xenophon Balli, Esq., Merchant, London.
Thomas Dakin, Esq., Alderman, Abchurch-lane.
James Dickson, Esq. (Messrs. Lenox, Nephew, and Co.,
London).
William H. Harford, Esq. (Messrs. Sr W. Miles, Bart., and
Co., Bristol).
P. D. Hadow, Esq., Deputy Chairman Peninsular and Oriental
Steam Navigation Company.
George F. Holroyd, Esq., Director of the London, Chatham
and Dover Railway Company.
J. G. Homere, Esq., Merchant, London.
P. Prondfoot, Esq., Manchester.
James Pim, Esq., Dublin.
Joseph Thornton, Esq., Beaver Hall, Southgate.
F. G. Westmorland, Esq. (C. Joyce and Co.), London,
Alfred Wilson, Esq.' Director of the Bank of London.
Michael Zarifi, Esq. (Zarifi Brothers), London.

DIRECTORS.
The Right lion. JAMES S MART WORTLEY, Chairman.
Lord. Otho Fitzgerald, Director of the Midland Great Western
Railway of Ireland.
The lion. T. C. Haliburton, M.P.
Edward Warner, E-q., M.P.
Joseph Boyce, Esq., Director of the Royal Bank of Ireland.
Alexander Dunbar, Esq., 57, Old Broad-street.
Alexander Boyle, Esq. (Messrs. Boyle, Low, Murray, and
Co., Bankers), Dublin.
Charles Ellis, Esq., Lloyd's.
Adolphe Hakim, Esq. (Messrs. Pinto, Ilakim Brothers, and
Co.), London.
James Levick, Esq., 9, liiaes Arms-yar 1.
James Pim, Esq. (Messrs. James Pim and CO, Dublin.
Henry Pownall, Esq., Russell-square.
John Westmorland, Esq., Director of the Royal Insurance
Company, London.

BANKERS,
Messrs. Ma terman, Peters, Mildred, and Co.
The Bank of London.
Messrs. Hallett, Ommanney. an I Co., Westminster.
The Royal Bank of Ireland, Dublin.
SOLICITORS.
Messrs. Edwards and Co., Westminster.
Messrs. Newbon, Evans, and Co., 28, leholas-lane.
BROKERS.

Messrs. Field, Son, and Wood, 9, Warnford-court, Throg-
morton-street.
Messrs. Robins and Barber, 29, Threadneedle-street.

SECRETARY (pro tem.)—G. W. Bennwell, Esq,

Temporary Offices—offices of the Mercantile Credit Associa-
tion, 21, Threadneedle-street.
PROSPECTIJ,.

_ .
The greet success which has attended the operations of the
"Credit Fonder " in France is well known, and is evidenced
by the tact that the original Shares (£;0 paid)are now worth
£5O in the market, the la t dividend deel red being at the
rate of 16 per cent. per annum, after providing a large reserve
fund.

A conviction of the advantages which would be derived
from the introduction of the same system into this country,
and of the large profits attendant thereon, has 1-d to the for-
mation of the "Credit Fancier'' for Great Britain and Ire-
land, which for many months past has been under care:ul
consideration. Although the objects of this Company are to
some extent identical with those of another undertaking re-
cently introduced, yet the field of operation it ample f Thoth,
and there a, e also certain lucrative branches of business pro-
posed to be undertaken by the "Credit Froncier " which do
not at,pear co have been contemplated by the Company re-
fe red to.

The transaeions of the Credit Companies recently estab-
lished range over a variety of interests, but they do not em-
brace the objects of the "Credit Fonder," as the daily ex-
perience of parties seeking for advances on landed securities
suffi iently testifies.
The "Credit Foncier " will receive money on deposit at
fixed rates, and will issue debentures for hng or short
periods

Advances will be made upon all kinds of interests in lands,
buildings, and also upon approved securities, to be repaid as
may be agreed upon.
One of the main objects of this company will be to make
advances upon the deposit of title deeds. Borrowers, to whom
time is trtquently of the utmost Importance, will thus be
enabled to obtain Loans for short periods, Without the delay
and expense to which the, are now invariably subjected, and
to avoid which a high rate of interest will readily be paid:
from this source alone the Directors anticipate that consi-
derable profits will arise.
In addition to the employment of its own resources, the
" Credit Fonder" will act as agent between the capitalist
ant the borrower, and will, in such cases,. for an adequate
commission, if desired, guarantee the sufficiency of title and
security.
Whilst the commercial value of landed property will thus
be enhanced, and every reasonable facility granted to bor-
rowers, the profits derivable from the various sources of
revenue to arise from the transactions of the company will
be such as to allow of the payment of large dividends to the
shareholders, after making ample allowance for working ex-
penses and a reserve fund.

In the event of no allotment of shares being made, the de-
posit will be returned in full. Should a ess number of shares
be allotted than are 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
application for shares may be obtained at the Offices of the
Mercantile Cre ,it Association, 21, Threadneedle-street, of the
Brokers, and of the Solicitors.