The Sun.
London, England, 1852-09-13 00:00:00

A large proportion of the shares have already been subscribed.

This great Metropolis must always possess one leading Theatre as
the centre and principal depository of the best schools of Dramatic
Music, an art which has now become the pursuit and relax-
ation of the highest and most cultivated portion of the community.
The site of her Majesty's Theatre—near the Palaces of the Sove-
reign, the Houses cf Parliament, the Political, Military, and Lite-
rary Clubs, and in the centre of the most fashionable districts—is the
finest and most valuable in Europe.

The beauty of the Interior of the theatre, its unrivalled acoustic con-
struction, and the harmony of its proportions, adapt it admirably for
the production of the masterpieces of the greatest musicians, and for
the most perfect display of choregraphic art.
These advantages sufficiently point it out as the fitting seat of
grand national opera ; but it has other important recommendations
—in old-established habits and associations, and as having been the
scene of the triumphs of all the leading artistes in Europe.
A contract has been entered into for the purchase of the lease
of her Majesty's Theatre from the present proprietor, and the
Association will have the benefit of this asreement, the purchase-
money being represented by 25,000 paid-up shares. In this
purchase is included the lessee's interest in the suns of 12,5261.
12s. 9d. Three per Cent. 2ie]uced Annuities, invested as an accu-
mulating guarantee fund. This fund will be increased from time
to time, so as to form a sinking fund, and place the Associa-
tion on the firmest basis. The properties are to be taken at
a valuation, which in no case is to exceed 2",,000/. The Associa-
tion to have the benefit of any surplus beyond that sum
The property of the Association will consist of—
The Lease of the theatre and Concert-room, which has
nearly 40 years to run, est mated at

11.1...•• ..•• •• .. £lOO,OOO

The Properties greatly exceed in value 30,0001.
But amount to be paid by the Association is not to ex-

coed .

The effective Capi+al .. ••..•••• • • • • • •

25,000
75 000

£200,000
Associated capital is admitted to be the most effective means in
this country of carrying out great enterprises ; and the support of
a powerful body of proprietors interested in the success of the Theatre,
and an able management, must ensure to the enterprise the mot
successful results.

The affairs of the Association will be conducted by a Managing
Director, appointed by the Committee. Tne Committee will have
the exclusive control over the receipts and expenditure ; and no
liability can in any event be incu•red by the shareholders beyond
the amount of the subscribed capital, as the Committee gill have no
power to bind the Association, or to contract any engagement be-
yond th at amount.
Previous to the commencement of each Season, the personal
privileges to be reserved to the Shareholders will be defined by the
Committee.
The Association, being in possession of ample capital, will be able
to relntse the establishment from the trammels which have hitherto
weakened the operations of former Directors ; and the Committee
have in contemplation various improvements in the administration,
which will develop ~ew sources of revenue, and justify the expecta-
tion of a large return on the subscribed capital, and will render her
Majesty's Theatre the most distinguished re•union of Science, Art,
and Fashion, hitherto known in Europe.

It cannot be doubted that this magnificent Theatre, conducted in
a manner combining the most perfect beauty and efficiency of re-
presentation with experienced and economical management, will
attain a great degree of prosperity, and maintain its high position
amongst the dramatic establishments of Europe.
If the terms of any Charter of Incorporation, to be hereafter
granted, should reqaire the shares to be of larger amount than five
pounds, the number of shares granted to each applicant will be
rateably reduced.
Applications for shares, in the enclosed form, to be made to
Messrs. Hughes, Kearsey, and Masterman, at their office. No. 17,
liucklersbury ; or to the Secretary of the Association, at her Ma-
jesty's Theatre, Haymarket, London.
To the Committee of her Majesty's Theatre Association.
gentlemen,—l request you will allot me shares in
the above Association and in consideration thereof I agree to ac-
cept such shares, or any less number that may be allotted to me,
and to pay the amount thereon.

I am, Gentlemen, your very obedient Servant,