The Sun.
London, England, 1864-03-04 00:00:00

PROSPECTUS.

The object of this Company is to purchase and extend the
well-known and successt ul business carried on by the Thames
Iron Works and Ship-building Company (I,!.mited), at Black-
wall.
The Thames Iron Works and ".
chip-building Company
(Limited), was established in the year 1857, and has now
attained the foremost nosi_':
s ton in the construction of vessels
of war and ships of t,,e highest class for the commercial
marine. The iron
for these vessels, and for their armour
plates, is manu'..etured on the premises, together with forg--
ings and castings of the largest class for marine engines,
bridges, ar.d other similar works. The rolling mills, steam
hammer s, foundries, smiths' shops, saw mills, &.c., are all of
the I),"est class and in the highest state of efficiency, forming
together an establishment unequalled.
Three of the largest iron-clad frigates in .the British navy
—the Warrior, Valiant, and Minotaur—have been built by
the Thames Ship-building Company, and orders have been
received for iron-clad vessels for the Danish, Russian,
Spanish, and Turkish navies, some of which are now in course
of construction.
It has been determined to add to the existing business of
the Compiny two other lucrative branches, namely, Graving
Docks and Engineering, which are naturally and essentially
connected with its present operations. For this purpose, as
well as for the large and increasing business of the Corn-
rany, a considerable extension of capital will be required as
the works advance ; and in order to carry out the objects in
view, it is proposed to transfer to the new Company (subject
to payment of the dividend for the past year) the whole of
the valuable contracts, assets, goodwill, and effects of the
Thames Iron Works Company, together with its liabilities
and engaaements, as from the lst of January, 1864, in consi-
deration If the payment to the Thames Iron Works Company
of the sum of £275,000, of which the Shareholders in that
Company will take £150,000 in fully paid-up Shares, and
£125,000 in Debentures of the new Company, bearing interest
at 5 per cent. per annum.
The property of the Company consists of twenty acres of
freehold land 03 the Essex side of the River I.ea, next Black-
wall, and the premises and branch works known as the
Phcenix Iron Works, Millwall, together with the valuable
plant and works.
It is proposed to construct two graving docks capablr of re-
ceiving ships of the largest class, for which the accommoda-
tion on the River Thames is at present insufficient. For this
purpose it is intended to purchase eight acres of freeho'd
Land immediately adjoining the works, having a frontage both
to Bow Creek and ti,e River Thames, which 1 ,nd is, at pre-
sent, in the occupation of the Company, with the option of
purchalnk
The proposed new graving docks will be in the immediate
vicinity of the E tat and West India and Victoria Docks ; and
it is confidently anticipated that from their admirable situa-
tiono constant and remunerative employment for repairs,
b_9l of ships and ennes, wi 1 be found.
existing contracts of the Thames Iron Works Com-
pany, which will be transferred to the new Company. amount
uPwards of
or the a million and a quarter sterliegtindef endently
workbeen in hand for the forge and rolling mill{), and have
nit
lion
ottlutlal, en on such terms as fairly to justify the anticipa-
tended thee!ame T millet)! e results .which have already at-
All the D'il.eorepany's operations.
in-
terest in the ector, of the old Company will retain their in-
the ne iv Company, and their seats at. its Board, and
which have management wl 1 remain in the same experienced hands_
hitherto
it to its present state conducted it so successfully, and ratted
Applications for se "Prosperity.
in the event of no all
hare. to be male in the annexed form..
will be
otment Sh 're+ being made, the de-
,jhares lie &lotted returned in full. Shcu!d le., number of
an are applied for, the depo it will be
if any, returned to the ap
made available 1, rds the payment on at,otment, and the
ba, nee,
Prospect 4. °' nd form. applies 'cant.
ica ion for Share may be
Office, of obtained +t thithe Compan,lB, Eine'
str ee Cheap' and and of the Banker:, Brokers, and do l-
eiter

THE THAMES IRON WORKS, s
GrINEERING, AND DRY Doe ic 11W-riTILDING, EN-
SHARES.
FOlOl OF APPLICATION tiPMPANY (Limited).
To be ret ,inerl by the %On
;110 stiTheartel:
Gent'emen,—Having paid to your ft rers. _
colt, Grote, Cav,,, and Cave,
ei
n in" ; hel e
aboveerg . PC
oren:
deposit otx3 pe,- shire on, being a
pany, I hereby reque t ihat you will allot
and I agree i 0 accept such -hares, or any
lee that number,
may allot to me; and I aeree to pay Ihe deposits number you
ano toe ign the A r le c s of A 4, ociation of ihe c on allotnuent,
required; and I authorise you t,,) io•ert my nagnPat Y when
oh the Ke-
gilter of Members fur he number of Shares a.ioc
lTsual si,!nature ...... t alo me
....
Name in lull
Itesi,ence .........
Protession ........... ......,_
Date ..• ........... 1804 • alum