The Sun.
London, England, 1864-05-24 00:00:00

PROSPECTUS.

The object of this association is to promote the develop-
Silent of the resources of Sweden and Norway, by facilitating
-the application of capital to safe and profitable enterprise,
,and it is after mature consideration and consultation in Eng-
land and abroad, with persons interested in the progress of
the kingdom of Sweden and Norway, and thoroughly ac-
quainted with her resources and necessities, that the Di-
rectors with confidence submit this undertaking to the
public as a sound and highly profitable one to its share-
holders.

Such an institution as the present is required in no country
more than in Sweden and Norway, whose vast forests, inex-
haustible mineral deposits, increasing agriculture and com-
merce, and rapidly rising manufactures, have for years past
demanded financial facilities, obtainable only by means of
direct credit operations.
In a letter received from a high authority in Stockholm it
is stated that " the opening of the few railways now in use
has given a great impetus to remunerative undertakings, for
which the country itself has not capital ; and it is not too
much to say that in the next three years many millions
sterling can be readily invested." Six years ago, a Bank,
under the title of the " Enskilda (private) Bank," was formed
in Stockholm, which immediately created a largebusiness for
Itself and has since continued it with great success ; the
annual dividend, reserve included. being' between 25 and 30
per cent. on the original amount of the shares.
The Directors have taken power to issue the Company's
bebentures a,ainst the mortgag s held by the Company,
et: icily confining the amount of the Debentures to the
amount invested in mortgages, and a system of registration
'will be adopted for the protection of the Debenture holders.
Considerable profit is anticipated from this branch of ope-
rations, as the funds of the Company can thus be turned over
From the above sources of profit, the Directors, therefore,
confidently anticipate at least as great a success for this Cora-
l:4ml' as has invariably attended similar institutions on the
Continent, while, in addition to the profit derived from a
Merely local business, the English, Swedish, and Continental
Financial Company (Limited will add grea ly to its income
through the large agency business which takes place between
the North of Europe, England. and various continental cities,
of which it will, to a considerable extent, be made the
arie dium.
It cannot be doubted that the influential support given to
the Company, both in England and abroad, will secure,
immediately, an ample field for safe and lucrative business.
The Swedish Loan, lately so successfully negotiated in Lon-
don, pledged to be devoted entirely to advancing the con-
struction of railways. will greatly contribute to the profitable
enlargement of that field.

Sey-eral important operations are in course of negotiation
in Sweden and elsewhere and await►ng the establishment of
this Company, the business of which will be canducted by the
Directors on the basis adopted by the principal credit corn •
panies. Besides the arrangements, nearly completed, for the
management of the Company's business in Sweden, negotia-
tions are ceding for establishing influential agencies in the
principal commercial cities of the Contineut, the Mediterra-
nean, and toe Black Sea.

Applications for shares must be accompaniedby the deposit
of £t per share, to be paid o the company's banke a. Shou d
no allotment be made, the deposit will be returned in full;
and if a less number of shares is allotted than is applied for,
the overp us will be used towards the payment on allotment.
Prospectuses and forms of application for shares may be
obtained from the bankers, brokers, solicitors, or at the
temporary offices of the Company, and the articles of associa-
tion may be seen at the Solicitors of the Company.

THE GENERAL CONTRACT COMPANY
(Limited.
Incorporated under the Companies Act of 18'2.
Capital £1,r02,000, in 40,000 shares of £25 each,
With power to increase.
First issue 20,000 shares.
Deposit on application £1 per share, and on allotment £4 per
share.

Subsequent calls to be at intervals of not less than three
moths, and not to exceed £2l s. each.
DIRECTORS.
CHAIRMAN—DANIEL GOOCH, Esq., C.E., Paddington.
It. N. Fowler, Esq., vimsdale and Co , Bankers, London.
It. Michell, Esq., Notting-hil , London, Director of the Great
Western Railway.
John Ravenhill, Esq., Banker, Ashton, Heytesbury.
T. P. Pocock, Esq. (Messrs. Pocock and Rawlings), Lothbury
and Chippenham.
Guinnett Tyler, Esq., Clifton, Bristol, Director of the Bristol
and South Wale s Union Rai way.
John Averay Jones, E‘q., Merchant and Shipowner, Bristol.
Mark Whitwill, Esq., Merchant and Shipowner, Bristol.
GENERAL MANAGER.—RowIand Brotherhood, Es?., Chip-
penham.
XNGINEER.—R. J. Ward, Esq , Vietoria-street, Westminster.
SOLICITORS.
Messrs. Tanqueray Willaume and Hanbury, 34, New Broad-
street.
Messrs. Goldney, Keary, and Co., Chippenham.
BANKERS.
lifesqrs. Dimsdale, Drewett, Fowler, and Barnard. London.
Sir Wi liam Miles, Bart., and Co., Bristol Bank, Bristol.
'the North Wilts Banking Company, Chippenham, Melk-
sham, (te,
-4 he Gloucestershire Banking Company, Gloucester, Tewkes-
n,
-th Alliance Bank, Manche ter.
BROKERS.
London—Messrs. Joshua Hutchinson and Sons.
Bristol - George Squier Bryant, Esq.
Liverpool—Messrs. Taunton and Co.
Manchester—Me srs. Gorton Brothers and Pooley.
AUDITORS.
Messrs. Harding, Pullein, and Co., London.
or the West of England—Messrs. Barnard, Thomas, and
Co., Bristol.
l'enlPor4cry Offices—South Sea-house, Tbreadneedle-street,
London.