The Sun.
London, England, 1864-07-12 00:00:00

THE EBBW VA7,E COMPANY
Ir.corporated unler the. Companies Act, 18i2.
Cap itat Foal' Millions, in 80,P00 shares of £5O each.
Depos a on application Xi rArr share, and Li on allotrr.ent.
Further calls wi I not excee, 1 £5 per share, made at irAervais
of not less than three months, and will extend over a
period of three years.
It is estimated that not more than two-third's of the total
capital will b 2. required to be called up,
DIRECTORS.
.Abraham Darby, Esq., Ebbw Vale Park, Monmouthshire,
Chairman and Managing Director.
.Joseph Robinson, Esq., Berkhampstead ar,d London, Deputy
Chairman.
Francis Tothill, Esq., Bristol.
John Platt, Esq., Oldham.
G. S. Beecroft. Esq., M.P., Tjeeds.
James Aspinall Turner, F.Aq., M.P.. Manchester.
HLonarrydon. George Gordon, Esq,, 1, Clifden-place, Hyde-park,
Charles King Anders Aon, Esq., 65, Old Broad-street, London.
BANKERS.
the Bank of lAngland.
Ar.d its several Branches at
Manchester, Birmingham, Li verpool, Bristol, Leeds, New-
castle, Rut', Plymout'a, Portsmouth, Leicester.
scoacnous.
Nes sre. Preshfie.,ds and Newman, London.
Messrs. Zoslma Hu BROKERS.
tchinson and Son, London.

AUDITORS.
David Ch_ae‘wt.ek, Esq. (Messrs.Chadwiek, Adamson, M`Kenna,
anr, Co.), 27, Great George-strew Westminster.
John YO Ling, Esq. (Messrs. Coleman, Turquand, Youngs, and
Co.), Tokenhouse-yard, City.
OPFICES, PRO TEM.
Ista 27, Great George-street, Westminster, and 7, Laurence
Pountney-hill, C,ty.

ABRIDGED PROSPECTUS.
Te Company is formed for the purpose of carrying into
eut an agreement made for the Purchase of tee Coal, Iron,
as d other Works, which have for a lorAoime been carried on
With very satisfactory results by priv ate individuals, and are
capable of considerable expansion, with greatly increased
profits.
m doe promotion-money or other similar payment will be
.
Shar
Detailed Prospectuses and -Forms of Application for
es may be obtained at V e Rank of England, and its
Reyeral Branches ; from the -lirokers ; or from the under-
Signed, by whom any further information required will be
lurnishe,l.
CHADWICK, AbA7aSON, APKENNA, and Co.,
Financial Agents,
27, Great Georg e-street. Westminster, and
64, Cros s-street, Manchester.

THE EBBW VALE COMPANY (Limited).
Capital £4,000,000, in 80,030,00) Shares of £5O each.

FORM OF APPLICATION FOR ALLOTMENT OF

No. SUARES.
To the Directorr, of " The Ebbw Vale Compaaty (Limited),"
r' er Messrs. C.iadwick, Adamson,llPlienn.4, and Co., Finan-
cial Agents, 27, Great George-street, Westminster, and 64,
Cross-stree Manchester.
Gen'clemen,
Having paid a deposit cf Share, I beg to apply for
Shares of £5O eacl'„ in the proposed "Ebbw Vale
Company (Limited)," and I hereby agree to become a Share-
holler in that Company, subject to its rules and regulations,
and to accept sucb. Shares, or any less number that may be
allotted to me.
I am, Gentlemen,
Your obedient servant,
Name in full •
Address in full
Profession or occupation
Date ...,

THE EBBW VALE COMPANY
(Limited).
NOTICE IS HEREBY GIVEN, That no further Appli-
Wcations for Sliares in this Company will be received after
EDNESD AY, th 13th inst., for the Country.
CHADWICK, ADAMSON, M•KENNA, and CO.,
Financial Agents,
27, Great George-street, Westminster, and
64, Cross-street, Manchester.
July 11, 1861.

TITE HUDIKSVALL and FORSSA STEAM
SAWING MILL COMPANY (Limited).
Incorporated under the Companies Mt, 1862, limiting the
'Liability of shareholders to the amount of their shares.
Ct4ital, Li 60,000, in 3,200 shares, of .C5O each, with power to
increase to £200,000, of which about £75,000, or 1,500 shares,
in ful y paid-up shares will be taken by the Hudiksvall
Steam Saw-mill Company (Limited).
Deposit, £5 per share on app ication, £lO on allotment The
other calls to be made at intervals of not less thP...11 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 Thurn, Esq., firm of Messrs. J
1, East India-avenue. . C. Im Thorn and Co.,
Chas. Andreae, Esq., firm cf 341eSsrs. Nestle, Andreae, and
Co.. 19, St. Dunstan's-h,ll,
Chas. Victor Benecke, Esq., firm of Messrs. Schunk, Souchay,
J. and Co., No, 63, Moorgate-street.
H .r.
. Esq , 63, Moorgate-street.
J. C. W. Ritter, Eeq., firm of Messrs. W. Ritter and Co., 157,
FenCilUrCh-stlvet.
With power 'co add to their number.
BANKERS IN LONDON".
The London and Westm nster Bank.
SOLICITORS.
Messrs. Chas. Druce and Sons, 10, Ililliter-square.
BROKEB4.
Messrs. Wooll ty, Coates, and Itankey,26, Tokenhouse.yard.
SEORETARY.
. C. W, :Ei,itter, 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
name of the Hudiksvall Steam Sawing Mill Company
adini ed), for the purchase of forests in Sweden, and the
the right of selling the same; the completion of water com-
raunications for floating timber from the forests to Forssa,
and thence to Hudiksvall erecting steam and water sawing
Mills for converting the timber into deals, and the sale of such
deals at Hudiksvall, or the consignment of them for sale to
London or other places.
The present Company is fw3i-med for the purpose of extend-
ing the operations of the above-mentioned Hudiksvall Steam
Sawing Mill Compar4, the shareholders in the Hudiksvall
Stearn Sawing Idni. Company being willing to take payment
for the whole of the capital invested by the in paid-up
shares of tb:e new Company.
Considr4rable and valuable forests in the parish of Lillherr-
dal in the vicinity of the Herje and Ljusse rivers, in the pro-
vinc'a of Jemptland, also in Farila, have been secured upon
leeses for 50 years, renewable every 10 years during the term.
tit 50 years, without fine to the lessors. These forests, cover-
ing between 300 and 40., English square miles, or
~eO,OOO to
250,000 acres, are, from tie general advance in the value of
forests, supposed to be of much greater value now than they
were .t the time of the purchase. About £7,. 00 have been
expended in making dams, and clearing the streams in the
forests, in order to facilitate the floating of the timber to the
river Ljusne ; and about £31,000 in establishing a water com-
annnication between Swinhammer, on the river Ljusne, and.
the Mill at Forssa, including about £5,000 paid as an equi-
valent for a snare in the existing floating arrangements in the
river
dues for ever. The water communications between Swin-
leer and the Mill have been mo substantially con-
structed, 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 raisi- g the floating logs to a higher level, about 40
feet, from which point there is a 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
cost a large sum of money beyond the original estimate, be-
cause the Government insisted upon their being constructed
upon a much larger scale, in order to make them available for
the public in general, This additional outlay, however, has
already begun to bear good fruits, since a profit has been
cleared during the last year by floating timber for other par-
ties, which source of revenue is likely still further to reduce
the fib Ain- expenses. About £22,700 have been expended
on the steam sawing-mill and engines, with workshop com-
plete, which are of the best English workmanship, in excel-
day,lent condition, and capable of sawing about 1,000 logs per
day, thus showing the magnitude of the works. £3,600 have
thus
at Forssa, Lillherrdal, and other places, for
labourers' dwellings and storehouses ; they are all substan-
tially built, and and freehold property, as well as the saw
Mill, the entire line of water communication between Swin-
hammer and Forssa, the deal yards at Forssa, sundry farms,
and the shipping %shelf in the por of Hudiksvall. The deals
are brought by railway, about eight miles, to Hudiksvall,
one of the best natural ports in Sweden.
From 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 works have been tested,
and upwards of 6,000 standards of deals, of shipping quality,
Were actually produced and sold, the quality being generally
approved of in the London markts and elsewhere.
lu order to malts all Lite capacities of the works available,
which are, without any further outlay for plant and
dealsm of
3
ma-
chinery, equal to the production of 8,000 standards of
shipping quality per annum, it is intended to create „201
shares of £5O each, 1,500 of which will be taken by the share-
holders of the Hudiksvall Steam Sawing-mill Company,w
are willing to take payment for the whole amount invested
by them in paid-up shares. The remaining 1,700 shares are
now offered to the public. If the capital of the Company is
extended to £200,000, it would be for the purpose of increas-
ing the operations of the Company, which is not by any means
improbable.
The total assets of the old Company on the Ist January of
this year amounted to £137,960 19s. Id. These assets com-
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 Forest'. Company
the who e profits of the current year, it is proposed that all
the properties as above, and assets of the Hudiksvall Com-
pany should be taken by the fludiksvall and Forssa Corn-
Pany, for the sum of £ 59 Sou ; and thataudin,. ll moneysointerest and
expendeq
, l
since the Ist January of this year,
in
commission on the capital employed, be considered as ex-
pended by and for the benefit and at the cost of the Hudiks-
vall and Forssa Company.
laTthye
ecaral.cu ations based upon the actual experience of the
show a profit of 8 per cent. upon thorethexetfeunturdeed.
capital with fair prospects of a further increase f
antietehe,ealculation or estimate of the probable profits, allow-
uas been made for a reserve fund, which, wit.dh
oiffntae-t rest, will allow the capital of the Company to be paid
Ihe end of 43 years when the leases of he forest will expire
unless it should be, deemed expedient at that lime to pur-
chase new leases
The sale price
s the prices a first brokers ' oduce and
Doll which the calculations are based are
e ually obtained for the last year s pr .
some of the first brokers in the timber trade have given it as
their opinioThat higher prices are likely to be obtained for
the future.
mills are at this moment in f all work, and about 1,700 standards of deals have been sawn in the last
four weeks, 'which, of average qualit willin the
English market upwards of £9,600 net.y relise
At the present mo-
ment there are 19 shipslludiksvall. loading at the Company's wharf at
Applications for shares, in the annexed form, to be ad-
dress d to the brokers, or to the Secretary, accompanied by
a receipt of the London and Westminster Bank, for a deposit
of £5 to,. each share applied for, which will be returned, free
of charge, for all shares not allotted,

sented to th N.B.—Thie
bankers entire,
form of ication
and receipt must be pre-
FORM OF APPLICATION -..
Forssa Steam Sawing
To the Directors oi the lludiksvai 'OR SHARES.
dill Company k ,Landmatted)
Gentlemen ,—Having' paid to v
bankers, the London
..' ur '
and Westminster Bank, the sum of z
quest that you will allot to me —,shares
, I hereby re-
of £5O each in
the above Company upon the terms of thes
an Prospectus, and I
me, and to execje the Articles of
smaller number
hereby agree to accept such shares, or
That may be allotted to
Association when reonircd.
' NAme in fu11.........
Residence ........ . .................
Profession or occupation... .--- ..... '
Address in full ....................
gate •1r .. ........
... ~.1.