The Sun.
London, England, 1864-07-11 00:00:00

IN what " Happy Land" can f see you after the
"Opera?" I only know of One HAPPY LAND
n which a Gentleman may Sup —EVANS', COVENT-
OA ft DEN, my dear fellow!

1111 E REGENPS CANAL IRON WORKS
COMPANY (Limited).
Incorporated under the Companies' Act, 1862, by which the
liability of each shareholder is limited to the amount of his
shares.

Capital £250,000, in 12,50) shares of £2O each,
First issue 8,000 shares, of which one-half are already sub-
scribed by the Directors and their !Mends.
Deposit £1 per share on application, and £2 on allotment,
and the remainder in calls not exceeding £2 per share, at
intervals of not less than two months.
It is not contemplated to call up more than £lO per share.

James Goodson, 32, KensingtonDlßECTOßS Gardens-square, Chairman.
E :ward Hornor, The Howe, Halstead, Essex.
James Fennings, Fennings' Wharf, Tooley-street,
John Everitt, 18, Tokenhouse-yard, London.
Collinson Hall, sen., Navestock, Essex.
John Watson Lay, 3, Savage-gardens, Tower-hilt .„:„,„72,,
Howard Reed, Hendon, Middlesex.
William Tabor, Bishops ate-street, London.
Henry Grissell, Regent's Canal Iron Works, MansiX,Tik
Di-
reetor,

With power to add to their nT:,,nber.
AUDITOR° .
Cornelius Walford. lt, Leadenhall-street.
P. W. Spooner, :eublic Accountant.

SOLICITORS.
MCAERS. .Eingsfor,l ttnd Dorman, Essex-street, Strand, W.C.

BANKERS.
The East London Bank, Lombard-street.

FINANCIAL AGENTS.
The Financial Corporation (Limite,n, 14, Leadenhall- street.

SECRETARY (PRO TEM.
Fred. Bolland Moore, Regent's Canal) lronworks.
TEMPORARY OFFICES.
14, Leadenhall• street, E.C.

This Company is formed for the purpose of carrying on, as
_a joint-stock enterprise, the well known engineering works of
r. Henry Grissell, situate In the Eagle Wharf-road,
ifecent'a_ Cana!, London.
31r. Grissell's works cover a space of 2i acres of land, and
possess a frontage of 700 feet on the Eagle Wharf-road, with
clearly the same extent of water frontage. I_3,eing situated on
the Regent's Canal, they are connected with the Tha saes and
with all the railways which run into i,ondon, and are other-
Wise admirably adapted to the raiuirements of the business
to be conducted therein. Th'.iyare now in full operation, and
the Company will thus at once enter upon an existing and
profitable business.
It is intended to „cork, in conjunction with this business,
some valuable 1311,,,ents which the Company have arranged to
quire for improvements in. an important class of steam
agricultural machinery, for which there le a largely increas-
ing demand at home and abroad, and for the manufacture of
Which these premises are well adapted.
The Regent's Canal Iron Works were established by Mr.
Grissell in the year 1844, and since that time have been most
successfully carried on under his immediate supervision. For
heavy and expensive castings, and for iron bridges, and the
like, his works stand unrivalled. He has founded, in conneo-
with these works, an extensive continental as well as
Rome connection.
Within the last few years many important engineering
establishments have been transferred from private hands to
form the basis of joint-stock enterprise, and with the most
Marked success. Amongst these may be named the works of
AIL John Ashbury, now The Ashlaury Iron and Waggon
Company of Manchester ; the works of Mr. John Barrow, of
Etaveley, now The Staveley Iron and Coat Company (limited);
and those of Mr. John Brown, now known as John Brown
and Company, of Sheffield. The shares of all these are at a
Very large premium.
The terms upon which the Directors have engtged to pur-
chase Mr. Grissell's works, are founded upon a valuation
suede by Messrs. Fuller and Horsey, and are most satisfac-
tory. Mr. Grissell has agreed to leave in the business a con-
derable portion of the purchase money, and for the present
to take upon himself the respon,ibilities of Managing
Director.
The shareholders will incur no liability beyond the amount
of shares allotted to them. Applications for shares must tie
made upon the annexed form. Each applicant will be re-
quired to pay into the, bankers of the Company £1 per share
on the number of shares applied for, and upon allotment to
make a further payment of £2 per share on the shares allotted
to him. If no allotment be made the deposit will be returned
In full. Furth,:r calls will be made at intervals of not less
than two mouths, and no call will exceed £2 per share.
Prospectuses and forma of application for shares may be
bad of the, Solicitors, and at the Offices of the Financial Cor-
Poration. (limited), 14, Leadenhall- street, City, E.C.

FORM OF APPLICATION FOR SHARES. -
To the Directors of the Regent's Canal Iron Works Company
(Limited).
Gentlemen,—Having paid to our bankers sum of £
being a deposit of £1 per y
share on shares in the above
Company, I hereby request th it you will allot me that num-
ber, and I accept such shares or any less number. And I
further request that my name may be placed on the Register
of Sharehu:ders for the shares so allotted. And I further
reD e to
U 9 O alga the Articles of Association when called upon to

I am, Gentlemen, your obedient servant.
Name in full
Residence ....
Profession or 8u5ine55..............
Date .

THE AUDIKSVALL and FORSSA STEAM
SAWING MILL COMPANY (Limited).
Incorporated under the Companies Act, 1862, limiting' the
liability of shareholders to the amount of their shares.
Capital, t i 60,000, in 3,200 shares, of £5O each, with power to
increase to £200,000, of which about £75,00), or 1,500 shares,
In y paid-up shares will be taken by the Hialiksvall
„„ateam Saw-mill Company (Limited).
"ePosit, £5 per share on app 'cation, £lO en allotment. The
other calls to be made at intervals of not less than three
Months. Interest at the rate of 5 per cent, per annum will
be allowed on all money paid in anticipation of calls.

DIRECTORS.
J. C. Im Thrum, Esq., firm of Messrs. J. C. Im ThumP;
1, East India-avenue. '`id CO''
Chas. Andreae, Esq., firm of Messrs. NestlP,, Andreae, and
Co., 19, Bt. Dunstan's-hill.
Chas. Victor lienecke, Esq., firm of 31,...ar5. Schenk, Sonchay,
and Co., No, 63, Moorgate-stree*,. 'J. 11. Passow, Esq , 63, Moor,
J. C. W. Ritter, Esq., firm ede w
ate-street.
Fenchurch-etreet. Messrs. N. Ritter and Co., 157,
With po-wer to add to their number.
BANKERS IN LONDON.
Thq London and Westmnster Bank.
SOLICITORS.
Meseta. Chas. Druce and Sons, 10, Billiter-square. •
BROKERS.
lUe8"-g• wfaolley, Coates, and Hankey, 26, Tokenhonse- yard.
J. C •10. SECRETARY.
. .-.. Ritter, Esq., Hon. Secretary, until a Secretary shall
have been appointed.
TEMPORARY OFFICES. Mitre-chambers, 157, Fenchurch-street.
A Private Company was established in 1857, under the
narne of the Hudiksvall Steam Sawing Mill Company
taking ed), for the purchase of forests in Sweden, and the
'citing of grants or leases or other title to such forests, with
the right of selling the same ; the completion of water com-
munications for floating timber from the forests to Foresa,
and thence to Hudiksvall : erecting steam and water sawing
anions for converting the timber into deals, and the sale of such
deals at Hudiksvall, or the consignment of them tor sale to
London or other places.
. The present Company is formed for the purpose of extend-
ing the operations of the above-mentioned Hudiksvall Steam
Sawing Mill Company, the shareholders in the Hudiksvall
Stearn Sawing Milt Company being willing to take payment
for the whole of the capital invested by them in pata.up
shares of the new Company.
Considerable and valuable forests in the pariah '.',i Lillherr-
dal in the vicinity of the Herje and Ljusne riven in the pro-
Vince of Jemptland, also in Flirila, have P
; leases for 50 years, renewable every to r- ..een secured upon
of 50 years, without fine to the lessor% ' .are during the term These forests cover-
ing between 300 and 40) English enuare miles, or 200,000 to
250,000 acres, are, from he gee '
forests, supposed to be of me _,eral advance in the value of
Were At the time of the r ' -
ch greater value now than they
(_'Zpended in making darehase. About £7,100 have been
d:ams, and clearing the streams in the
forests in order to t_deilitate the floating of the timber to the
river Ljusne ; an
r' e jcation bet -
--(% about £31,000 in establishing a water com-
efeen Swinhammer, on the river Ljusne, and
;hale Millf at
F ()rasa'
including about £5,000 paid as an equi-
river Or 'll' a trare in the existing floating arrangements in the
dues fe-w-•-ne, thereby acquiring the right of floating free of
ham .Ar ever. The water communications between Swin-
,,.Amer and the Mill have been moat substantially eon-
' zucted, under the direction of Commissioners appointed by
the Swedish Government, and consist of ducts and canals—
one of which has been cut through the solid rock—and in-
cludes a hauling bed, worked by a steam engine, for the pur-
pose of n the logs to a ier , about 40
teet, fromraisi which pointfloating a there is fall gained of upwards of 340
feet, extending over this line of water communication,with an
ample supply of water all the year round. These works have
corn a large sum of money beyond the original estimate, be-
cause the Government insisted upon their being constructed
n!',011 a much larger scale, in order to make them available for
alrea
the public in general, This additional outlay, however, has
dy begun to bear good fruits, since a profit has been
ties
'cleared during the last year by floating timber for other par-
, which Bernice of revenue is likely still further to reduce
the floating expenses. About £22,700 have been expended
en the steam sawing-mill and engines, with workshop com-
plete, *which are of the best English workmanship, in excel-
lent condition, and capable of sawing about 1,000 logs per
bey, thus showing the magnitude of the works. £3,60 , have
been expended at Forssa, Lillherrdal, and other places, for
Labourers, dwellings and storehouses ; they are all substan-
tia,lly built, and and freehold property, as well as the saw
mill, the entire line of water communication between Swin-
arnmer and Forssa, the deal yards at Foresa, sundry farms,
and the shipping et harf in the pot of Hudiksvall. The deals
are brought by railway, about eight antics, to Hudiksvall,
one of the best natural ports in Sweden.
Prom various causes the arrangements were not completed
before the year 1862, and thus the year 1863 is, in fact, the
Year in which the capabilities of the wont; have been tested,
and upwards of 6,000 standards of deals, of shipping quality,
Were actually produced and sold, the quality being generally
Itp_proved of in the London markets and elsewhere.
ln order to make all the capacities of the works available,
Which are, without any further outlay for plant and Ins-
ehinery, equal to the production of 8,000 standards of deals of
shipping quality per annum, it is intended to create 3,200
shares of £5O each, 1,500 of which will be taken by the share-
holders of the Hudiksvall Steam Sawing-mill Company, who
are willing to take payment for the whole amount invested
bY them in paid-up shares. The remaining* 1,0 shares are
now offered to the public. If the capital o the Company is
extended to £200,000, it would be for the purpose of inoreas-
-I.ellng the
baole oe
prations of the Company, which is not De, any means
_pro.
The total assets of the old Company on the Ist January of
this year amounted to £137,960 19s. 2d. These assets corn-
Prise £1,500 still to be paid in three instalments for the lease
of the Lillherdal Forests, and also include about £33,000
for deals sold for early delivery, and about 150,000 logs at
the mill and floating ; there are also sundry other good out-
standing debts.
In order to secure to the Hudiksvall and Forma Company
thethe
Who e profits of the current year, it is proposed that all
~u-le properties as above, and assets of the Hudiksvall Com-
pany should be taken by the Hudiksvall and Foresa Com-
P,MIY, for the sum of £118,500 ; and that all moneys expended
in nee the let January of this year, including interest and commission on the capital employed, be considered as ex-
Pended by and for the benefit and at the cost of the Hudiks-
tall and Forssa Company.
last year, show a
The eaten ations based upon the actual experience of the
profit of 8 per cent. upon the extended
..allital, with fair prospects of a further increase for the future.
will ab.ileonw
lannetebe,e_aleulation or estimate of the probable profits, allow-
rest,mthaedce with inte-
the'o be paid off at
end et afpoirtalaorfestehrve eCofunmpda'nyt which,
will expire
unless it „,_403 years, when the leases of the foresti
e to pur-
chase noirietaiald be deemed expedient at that i m
The sale pl.' es'
the prices nes upon which the calculations are based are
actrially obtained for the lastyear's produce, and
some of the tiNt brokers
tee
prices he timber trade have given i
the future. tee:l higher are likely to be obtained for
and about 1,700 B,BaW mills are at this moment in full work,
four weeks, which of deals have been sawn in the last
English market npweatraverage quality, will realise in the
ment there are 19 slit us of £O,OOO net. At the present mo-
llndiksvall. Ps loading at the Company's wharf at
Applications for shares in
dress d to the brokers, or,
t.the annexed form, to be ad-
dress
receipt of the London and °,,,,,;.heset Scretar4, accompanied by
01 £5 tor each share applied for, mm
will '
Westminster ank for a deposit
of charge, for all shares not all.,..which be returned, free
—......L"ca-
N.B.—This form of application and Betted to the bankers entire, receipt must be pre-
FORM OF APPLICATION FOR SITARES.
To the Directors of the Iludiksvall and p
Mill Company (Liraiterssa Steam Sawing
Gentlemen,—Having paid to yeur bmikers, the London
and Westminster Bank, the sum of e
, I re-
quest that you will allot to me -.,---..tshar hereby es of £5O each in
The ab-y - on the terms of the
I, 0 e tompany up prospectus and I
ereby agree to accept such shares, or any smalle ' b
r cum er
that rnay be allotted to me, and to execute tee Articles of
Association when reguired.
Name in fu11......., .......
Residence ...........
..• ..........occupation'„""'
Profession Or •• • •
Address in full
............
... k
Date