The Sun.
London, England, 1864-05-30 00:00:00

PROSPECTUS. '

This Company has been formed for the purpose of pur-
chasing and carrying on the important and well-known busi-
ness of Engineers, Ironfounders, and Manufacturers of
Agricultural Machinery and Implements, , hich having been
established nearly half a century, has been conducted for the
last thirty years by Messrs. Barrett, Exall, and Andrewes.
While these gentlemen will reali.e by this transaction the
accumulated profits of many years, they wil yet remain large
eh reho der , and continue to give their active co-operation
in conducting the future busin. se of the company.
The demand for machinery at home and abroad being, so
ext, nsive, capital to any extent can be profitably employed
in its pr Auction, ; nd the recent transfer of so many of the
first-class engineering. firms in the country to companies
formed under the Act of 185?, among whom may be named
Messrs. Fairbairn and Co., and Ales ere. Sharp, Stewart, and Co.,
of Manchester, Messrs. John Brown and Co., and Messrs. Cam-
'nell and Co., of sheffield, Messrs. Slaughter, Gruning, and
co., of Bristol, kc., is at once proof of the advantageous cha-
racter of the principle of association.
A pr ,visional Aereement, equitable and satisfactory, has
been entered in' o w th the Vendors, which secures to the
Company, at a valuation, the freehold known as " The
Katesgrove Iron Work 4, Reading," together with other
valuable freeholds and leaseholds, the goodwill, stock in
trade, plant, machinery, patent rights. &c.
The freeh Ids consist of water-side premises, having a
River frontage of 440 feet, with a roadway on the other side,
and an average depth of 73 feet, on which are erected the
large and commodious foundry, smithy, boiler shops, engi-
neers', fitters', and erectors' shops, replete with the necessary
tools and m chinery. The engine-house with its horizontal
engine of 40-horse power, pair of boilers, baths, gas works,
offices, &c., as well as the lofty and massive store rooms,
pattern stores, &c A very large and commodious wood-
machine shop ab int 120 feet long by 30 feet wide, and a con-
verted timber yard occupies the site of another freeho'd.
The leasehold I,roperty consists of 10 acres of meadow
land, se Darated by the River Rennet from the Katesgrove
freehold, and easily connected at any time by a bridge.
The remaining works, on which are additional steam en-
gines of thirty-five horse power, are h• Id on annual tenure,
on which are the saw mills, stables, wood shops, store rooms,
iron house, and warehouses, smithy, she as, show rooms,
offices, &c., the whole of which are c, nveniently arran:zed.
The connections and Agencies established by the retiring
Firm, both in this country and in the Colonies, as well as
throughout Europe, combined with the signal success which
their manufactures have attained, and the leading position
which they hold, their recognised standing at the Interna-
tional Exhibitions in England in 1851 and 1t62, and in France
in 1855, manifested also in the numerous and distinguished
prizes they have taken throughout Europe, cannot fail to
secure to this Comnanv a i rosperous future.
As a guarantee of the soundness of the undertaking., the
Vendors have wtreed that, they will not receive any inte, est
on their shares until a minimum dividend of 5 per cent, has
been paid on the remainder of the subscribed csuital, which
aeTeement is to extend over a period of five years—while Mr.
William Exall and Mr. Charles J. Andrewes,who have taken
respectively the Engineering, and Commercial Alanageme. t
n the business, will, as soon as the transfer is complete, take
seats at the Board, and bring to bear their extensive and
valuable experience.
Whilst the Directors attach much importance to this agree-
ment with the Vendors, they think it right to state that they
have been advised by those capable of forming a correct opi-
nion on the subject, that the shareholders may fully antici-
p te
addf y in conclusi a sae and renpon,neratthait of d
the ve ividemannd, y
and will therefore
a enterprises now
be e the public, few can surpass it in this reasonable expec-
tation, inasmuch as its operations will not be suspended for
Rs connection is made, the profits will therefore
and the Directors have every reason to hope
single
immediate,gledaY ;
long andfaithful
that the ae rvices o thevf
served present stehn
et
retiringexecutive
fi staff,rm,m awyhbi which has
securedhas s o
to their successors.
eorl inspected teadin
at the Oi nc
Prospectuses
Bankers,an ti
and Formsroker ofs
Solicitors, Applicationan
dfor
Secretary,Sharesm
at
cation must be accompanied with g."h aPe
Ps
I io
anied a deposit of 20s. per Share.
yt be
e
had of the
Offices of the Company
The Articles of AssociationLondonmay
the 139licitor, 35, LillQQlll's'iluvaeldo) lAtuttleu,
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29, GEORGIC-STREET, lIANOVER-SQUARE, W.
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Open daily from 10 till 10. Where may be seen the
Asters ; Bushman and Wife ' • Julia Pastrana and Infant ;
Eng and Shang, the Siamese Twins • and upwards of 3,000
Models, Natural Preparations Sze' Egyptian Mummies,
unwrapped, 4,000 years old. Admission, One Shilling (tor
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for Roast Meat, Rashes, Gravies, Stews, Steaks, Soups,
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l'repared only by the proprietors, Tnos. Bum and Co., 10,
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