The Sun.
London, England, 1864-04-25 00:00:00

of their shares.
Capital £2,C00,000, in 40,000 shares of .L5O each.
First issue 20,000 shares. Deposit £ 1 per share on applica-
tion, and £4 on allotment, of which 10,000 shares hove been
already subscribed f r.
Subsequent calls not to exceed L 2 10s., and at intervals of
not less than three months.
It is not intended to call up more than £l5 per share; but
as the operations of the Company require additional capi-
tal, further issues of shares will be Made, a preference
being given to the then existing shareholders.
DIRECTORS.
John Barrow, Esq., Normanton Hall, Director Amsterdam
Water Works Company.
Joseph Bray, Esq , Pyrgo Park, Romford.
Banker, Berl n.
Ferdinand Ja ques, Esq.,
Charles E. Mangles, Esq., Chairman West India Royal Mail
Company. • -
George Palmer Robinson, Esq., Director Alliance Bank.
George Sheward, Esq., Leinster-square, Bayswater,
Thomas Stenhonse, Esq., Chairman Discount Corwration.
George Barnard Townsend, Esq., Director South Eastern of
Portugal Rai.way Company.

BANKERS.
The Alliance Bank, Lothbury, London ; Brown's-buildings,
Liverpool ; and King- treet, Manchester.

SOLICITORS.
Mesas. Desbormsgh, Young, and Desborough, 9, Sise-lane.
Messrs. Switt and Co., 32, Great George-street, Westminster.

BROKERS.
Memo, Dezoete and Gorton, 2, Austin-friars.
SECRETARY (PRO TEM•)
Mr. Chester Dales.
TEMPORARY OFFICES.
2, Copthall-chambers, Angel-court, Throgmorton-street

ABRIDGED PROSPECTUS.
The Directors having received lhe support of eminent
foreign capitalists and banking establishments, and the 0)-
operation of many of the leading firms in thi, country con-
nected with public works, are already in a position to an-
nounce that they have secured a business which will of itself
yield a large return on the capital.
The general objects of the company are the same as those
of other compan es of a kindred nature which have been
lately established in this country, and which, by the judicious
employment of capital, hwe been enabled to secure for the
shareholders such large dividends.
Prospectuses may be obtained at the temporary offices of the
company, or of the brokers.

THE ENGLISH and FOREIGN CREDIT
COMPANY (Limited).
NOTICE IS HEREBY GIVEN that the LIST of AP-
PLICATIONS for SHARES in this Company will be
CLOSED, for London, on WEDNESD A.Y, the 2h inst.,
at Four o'clock, and on THURSDAY, the 28th matt for the
Country.
By order,
CHESTER is:ARLES, Sec. pro tem.
2, COpthall-ehtunbers, Angel-court, Throgmorton-
street, 22d April, 186 t.

111 HE INDEPENDENT FIRE INSURANCE
COMPANY (Limited). Capital One Millio a Stirling,
in 40,000 Shares of £25 each. £1 per Share to be paid on
alication, and Ll 10s. per Share on allotment. Calls not
exceeding X 1 per Share, at intervals of not less than Three
Months.

DIRECTORS.
John Downes, Esq. (Messrs. Downes and Scott), Upper
Thames. street, Director of the National Provincial
Marine Insurance Company.
George Haines, Esq., Merchant, 36. Lombard. street.
John Ingledew, Eqq., Cambridge House, Lee Park, Kent.
William Knight, Esq. (Messrs. William Knight and Co.),
83, Lombard-street.
Henry Ledgard, Esq., Forest-hill, Kent.
George S. Symons, Fisq. (Messrs, G. S. Symons and Co.),
20 and 21, St. Dunstan's-hill.
John E. Tibbs, Eeq. (Messrs. J. E. Tibbs and Son),
Threadneedle-street, Director of the Staffordshire Roll-
ing Stock Company.
James Lunham, Esq. (Messrs. James Lunham and Co.),
231, High-street, Borough.
Jabez Voss, Esq. (Messrs. Voss, Meek, and Co.), Billiter
•
square.
Walter Brodie, Esq., 13. Delamere •terrace, Hyde-park,
late Member of the House of Representatives, New
Zealand.
(Influential names in Manchester and Liverpool will be
immediately added to the Direction.)
BANKERS—The Metropolitan and Provincial Bank, 79,
Cornhill, E.C.
SOLICITORS—Messrs. Bennett and Stark, 4, Furnival's
Inn, Holborn.
SURVEYOR—James Edmeston, Esq., Crown-
court, Old Broad-street.
BROKERS—Messrs. Stratton and Son, 81, Old Broad-street.
AuDlTons —Messrs. Cash and Edwards,Public
Accountants, 13, Tokenhouse-yard, B.C.
GENERAL AND RESIDENT MANAGER—Mr. Robert Steers.
SECRETARY—Mr. George Drew Hodges.
OFFICES-29, Nicholas-lane, Lombard •street, E.G.
This Company has for its purpose the transaction of the
important and remunerative business of Fire Insur axe,
and that only, to the exclusion of other branches of busi-
ness not unusually associated with it, under the same direc-
tion, and operating on one and the same capital. The
Directors are satisfied that the scope for the business of fire
insurance presented by this country and its dependencies,
is, as a commercial speculation, deserving of paramount
attention; and, the contract being one terminable annuallyby
,
the profits or loss arising determine in like manner, year
year, and exhibit at once a company's financial position
and its resources.
While the partial remission of the fire insurance duty
now in the contemplation of Government, and applicable
only to the insurance of stock-in-trade, will afford a com-
paratively limited relief from the onerous oppression,
for everythe
Directors have resolved to allow upon payment
policy, and afterwards at each renewal, an immediate draw-
back, which, in many instances, will amount to a total ex •
tinction of the entire duty of three shillings per cent.
To the public at large, and to the greater proportion of the
manufacturing and met cantile community, this arrange-
ment will prove a highly acceptable advantage. The draw-
back allowed by a few of the, older offices by way of per
tentage on premiums, at intervals of years, is of im-
portance only to those who are rated at premiums ranging
chiefly from one guinea per cent. upwards, and is partici-
pated in only by those who may have premiums to be re-
newed at the period of the making of these returns ; whereas
by the principle adopted by this Company, the owners of
the classes of risk of the more ordinary occurrence, are
they who will be the more substantially and at the same
time promptly benefited.
The concession to be thus made to the publio will cere
tainly be the means not only of increasing in their respec-
tive amounts insurances now existing, but of multiplying
to a very large extent the number of insurance contracts in
this country and its colonial connections.
The insurable property in this kingdom alone, includingthe
its enormous and increasing importations arising from
wise interchange of tariffs, is believed to approximate to
£5,000,060,000, whereas 300,000,000 only is insured ;
thus leaving nearly three-fourths of the insurable amount
altogether unprotected from loss.
It would be difficult to find any class of investments which
has yielded such large profits as the shares of well-con-
ducted ire offices. The shares of the older offices have in-
creased in value immensely, being, in one case, at a pre-
mium of about 1,300, and in another of nearl 2,00 per
cent. on the sums originally paid up. The increased value
of the shares of offices established within the last 20 years
tends at from 80 to 200 per cent.
s It is under these circumstances, and considering the ime
mense field presented for operations to come, that the direc-
tors have taken advantage of so favourable an opportunity
to offer to the public the benefits of the principle of business
now adopted by them; and they have every reason
believe that by its special feature and the public support
which that must necessarily invite the undertaking will
speedily be productive of the best monetary results.
The executive will be entrusted to officers of tried experi-
ence in the business of fire insurance, and the directors have
already matured arrangements for the immediate establish-
ment of five hundred agencies.
The directors desire to give the most unqualified assur-
ance to the public thet teething of the nature of
frivolous
bjectione to a prompt end liberal settlement of claims for
compeneation will ever be entertained or countenanced by
them.
Forme a application for shares may be had at the offices
or of the Brokers, Bankers, or Solicitors.
of the ComeallY,
In the event ot no allotment being made, the deposit will
be returned in full.

IND EP END ENT FIRE COMPANY
(Limited).
The Directors of this Company have much pleasure in
announcing that, in consequence of the substantial and
marked support wh.ch has been accorded tne Company by
Whhrfiugers and numerous commercial firms in the City, the
undertaking may be considered as of certain success, and the
:111ARE LIST will be CLOSED in a few days.
GEO. D. HODUEB,
By order,
Secretary,
29, Nicholas-lane, April ;3,1864,