The Sun.
London, England, 1864-04-11 00:00:00

DIRECTORS.

Chair ENGLISM BOARD.
man—GEORGE WORMS, Esq., Director of tha
General Credit and Finance Company of London
(Limited).
Sir Stuart Alexander Donaldson, Director of the General
CCredit and Finance Company of London (Limited).
010 Robert Cecil, M.P.
15P
,Isel e Hon. W. Patrick ir Jamesth Emerson Tennent. Talbot.
CONTINENTAL BOARD.
Adel CONTINENTAL Dechamps, Ministre d'Etat, Ancien
Ministre des Affsires Estrangeres, Membre
la Charabre des Representants.
4-ierredeDecker, Ancien Ministre de 'lnterieur,
Membre de la Chambro des Representants.
rto n d'llane-Steenhuyse, Proorietaire.
°,.,lnte de Liedekerke-Beaufort, Membre de la
Chambre des Representants.
Andre Langrand-Dumonceau Proprikaire.
•c, aottard Mercier, Ministre 'd'Etat, Ancien
dlinistre des Finances.
'Phense Nothomb, Ancien Ministre de la
11-118tiee, Membre de la Chambre des Repre-
...ut"sentants
g • •
(pus Theodule de Bodes, Proprietaire.
Comte Adhemar du Val de Beaulieu, Proprie-
taire°Et4
Comte •
e Ignace van der Straten-Ponthoz, Pro- j
_prietaire.
Zerdinand Schaefer Directeur-en-Chef do la Banque de
Credit-Foncier et Industriol, Vienna.
London—The G BANKERS.
eneral Credit and Finance Company of
London (Limited).
irst:/188e18--Banque de Credit-Foncier et Indnstriel.
'em:la—The Branch of La Banque de Credit•Fonclor et
ue trial
arnir,istitirsdTtarhraieeilßranch of- La Banque de Credit-Fonder at
dustrie. La Societe Generale de Commerce et d'ln-
-restii_The Hungarian Mortgage Bank.
SOLICTORS.
Messrs. Bevan and Whitting.
Messrs. Baxter, Rose, Norton and CO.
BROKERS.
Messrs. Laurence, Son, and Pearce.
Messrs. J. and A. Scrimgeour.
O.
The' General Credit andFFICES
Finance Company of London
(Limited), 7 Lothbury.

Bruxelles.

tcrciznyx, rno
Edward Hamilton Anson, Esq.

PROSPECTUS.
This Company is based upon existing institutions on the
Continent, which have been already worked with signal
success.

, The founders of the International Land Credit Company
4aNes previously established—
In,sa Belgium, La Banque Hypothecaire Beige and La
nque de Credit •Foncier et Industriel (the Belgian Mort-
gage Bank and the Bank of Industry and Land Credit).
, In Holland La Banqe Hypothecaire Neerlandaise (the
4-NetherlandsMortgage Bank).
In D .Austria, the Vindobona Mortgage Assurance Com.
itty
willicy have all prospered. The success they have met
is established by authentic documents. It may be
fl 9! without exaggeration, that the results are brilliant;
these Companies have produced to their Shareholders an
raverage4are dividend of 20 per cent., and some of them much
The
'pa, experience acquired by the working of these Com-
cier'e has led to the conclusion that, in order to give full
eesserPtaent to the principles which have proved
,so auc-
-011, it is desirable to found a Central Company of an
he international character the main functions of which should
gage"
raise. capital by 'the issue of bonds and " lettres de
-1,1Z.4' in the great money markets of Europe, to be em-
la_Yed through associated local Companies in purchases of
yard, or loans upon real property, in countries where the
ttaef interest is high.
13anque Hypothecaire Beige, acting on this prin-
and established nearly three years ago, has, with a
Ft a 1 capital of £480,000 only, succeeded placing on the
P
th,,in mark aloneh an of lettres gae"
its shareset with £6u paid have amount
risen to" and maintained
t"eraselves at £lB.
The capital raised in Belgium at 4 and 41 per cent. has
teeecilreen-d'iptleyed principally in Austria, through La Banque
Fender et Industriel, which has a branchrat
cornpletely organised, with a staff thoroughly
'll Austrian aff drs ; and it is shown by the books of
s-clialPany that of all its operations of purchase and sale
is d .11stria not one has realised less than 20 per cent„ after
249114 et
enegi:;.
111 expenses, while generally they have reached
piaSuell being the result of Companies limited to the Bel-
r"ney market for raising capital, it is evident that
I greater results may be obtained by forming an Inter-
reitanal Comany with a share capital large enough to
ilitate the placing of bonds and " lettres de gage" on the
ware! markets of England, France, Holland, and Ger-
/11"Y, as well as of Belgium.
_ Accordingly, the present Company has been founded,
?,tader the English Law of Limited Liability, and with an
uttee and itirection in 1 ondon, as well as at Brussels; ars
Irgements have been made while e Banque Hypothecaire
,eige for a complete fusion, a treaty has been con-
cluded with the Banque do Credit-Foncier et Industriel,
which ensures the benefit of their experience, and a large
and profitable business from the commencement, a mini-
, mum dividend of 11 per cent. on the paid-up Share Capital
°cling secured in any event, as the result of the first year's
Working.
It is also proposed to enter into an arrangement with the
Vindobona. This Society, which has existed at Vienna
for five years, and has a capital of 10,000,000 florins, gua-
rantees the regular payment of interest upon mortgage-
debts, as well as the principal when due. By this means,
all the business done in Austria will be rendered perfectly
entire.
The Vindobona is in the most flourishing state. It has
13aid the first year 6 per cent., the second 12 per cent., the
'third 15 per cent., and at the next meeting it is expected it
will distribute 25 per cent, Particular attention is called to
this point. This guarantee is one of the features which
; asentially distinguishes this Company from other Land-
-03(14 Companies.
the pounds (£6) per share will be called in the course of
"" present year inclusive of the payment of £1 each on
applicationand allotment ;
made.after which, it is not expected
th'm.
Capital
further Calls whatever will be made. The Share
"al paid up will thus be £1,300,000; and the profit
te_cur•iid for the first year under the above arrangements will
u. still farther increased as additional Capital is raised
er.°l7ll Year to year by the issue of Bond and "lettres de
i.:15e," and as the securities of the Company become natu-
ralised on the chief money-markets of Europe.
'inf the amount of £6,000,000 Capital now issued, £5,000,000
la 250 000 Shares have been taken and paid upon on the
wa,n.tinent, and 50,000 Shares are reserved for England, of
Ftouleh 15,000 are already subscribed, and 35,000 are offered
t the public by subscription at tha General Credit and
~,,nce Company of London (Limited).
tella Articles of Association of the Company, duly regis-
rln London on 11th February last, under the Act of
peru, lie at the Offices of the Solicitors, where they may be
sed.

FORM OF APPLICATION FOR SHARES.
° the Directors of the International Land Credit Company
(Limited).
Gentlemen,.—Having paid into your Bankers the sum of
t, I request that you will allot me Shares
ti,!-Le International Land Credit COmpany (Limited), and
k,i'r,by agree to accept the same, or any less number that
th 4c allotted to me, and to pay the Calls in respect of
le Shares so allotted when due; and I authorise you to
of Shores
113 Y name on the Register of Members for the number
hares al:otted.
I am, Gentlemen, your obedient servant,
Name in full
Profession or occupation
Address ....
Date •

THE INTERNATIONAL LAND CREDIT
COMPANY (Limited).
NOTIP
IS HEREBY GIVEN, that no farther
for SHARES in this Company will be received
THIS DAY, MONDAY, April 11.
By order,
E. if. ANSON, SNletar 'pro Fpm,)
ernlo qtvi (:onl)'oi!',