The Sun.
London, England, 1852-07-02 00:00:00

• ,11, ,
LONDON) FRIDAY VF
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ROYAL AUSTRALIAN BANKING AND
GOLD IMPORTING COMPANY.
To be incorporated by Royal Charter, with limited liability.
Capital 2:50,0001., in 50,000 Shares of 51. each. Deposit 1/. per
Share.
GOVERNOR—JOHN MACGREGOR, Esq., M.P.
DIRECTORS.
Thomas Aggs, Es l, Bishepsgat-street, Within.
William Bevan, Esq., Hyde House, Leominster.
George Cook, Esq., Wynyaw House, Fulham.
John Gardiner, Esq., 23, Norfolk-road, Regent's Park.
John MacGregor, Esq., M.P., 1, Princes-terrace, Hyde Park.
J. D. Hoare, Esq., Montague-street, Portman-square.
George N. Paine, Esq., Westbourne-grove, Bayswater.
John Charles Stovin, Esq , Acacia-road, St. John's Wood.
BANKERS—Messrs. Mistennan and CO.
SOLICITORS—Messrs. Mullins and Paddison.
BROKERS—Messrs. Field, Son, and Wood.
SECRETARY—Percy Drummond, Esq.
Offices-9, Moorgate-street, London.

The greatly increasing pDpulation, the commerce, the pastora,
and agricultural riches of the colonies of New South Wales and Vic-
toria, the great success of the banks already established in Sydney,
Melbourne, and Geelong, together with the extraordinary yield of
the gold mines of these colonies, justly warrant the establishment of
a New Australian Bank, with branches in such towns as may appear
expedient.

It has therefore been proposed to form a new banking association,
to be entitled the Royal Australian Banking and Gold Importing
Company, to be incorporated under a Royal Charter.
The capital is proposed to be 250,0001., in 50,0( 0 shares of 51. each,
on which a deposit of 1/. each shall be paid, and no further call to be
made until the Royal Charter shall have been obtained, and not
then, except by a resolution agreed to by a majority at a general
meeting of Shareholders, to be called together fer that purpose, by
three regular advertisements in the " Times," and three other Lon-
don daily newspapers.

The object of the proposed Bank is to establish an office in Len-
don for the purpose of regulating and directing the general affairs
of the Company. A Bank will be established at Sydney, with
branches at Melbourne, and, if expedient, at Geelong, and
other populous towns. The bank and the branches to carry' on the
ordinary business of banking by discounting bills, 'issuing
notes under the provisions granted by Charter, in proportion to the
paid-up capital, advancing money on undoubted. security, and also
on consignment of gold ore and refined gola to the Company in
London; and purchasing gold in the colonies of New South IVales
and Victoria, together with the transaction of steels other business
as may be safely and legitimately conducted by Bank. To avoid
losses byloaud or neglect of duty, the managed, and all pwroons ap-
pointed by ttelßank, will have to give competent security is England
lov-their -ffelelity and good conduct in tbase colonies.
A great part of the above capital being already subscribed, the
Royal Charter has been applied for, and is under the consideration of
the Board of Trade, and the Deed of Settlement will be completed
when the remaining shares are subscribed, and the deposit of 1/.
per share paid to the bankers.

The combined advantages of banking and gold purchasing are evi
dent.

Firstly,—As a hank, an entirely new field is created by the im-
mense influx of population, which is being continuously added to
by the daily increasing emigration for the main purpose of raising
gold, for which the bank would afford a convenient and secure
place of deposit, as well as a market for its disposal, involving a
proportionate increase of trading operations and banking accommo-
dation. The shares of the banks already established in Australia
are now at high premiums, in one instance (the Union Bank Shares)
80 per cent.
Secondly,—By the purchase of gold in those colonies by. a' bank
at about 645. per ounce, with a naaiket value here of about 80s
profit is shown of nearly 25 per cent. ; and looking at the ,anormous
quantity of the precious metal, this business would appear to be un-
limited, while the recent facidties of a regular steam-pat ket inter-
course, both by the way of the Cane of Good hope, by way of
Egypt, and shortly by way of Panama, will increase the profits on
the capital by enabling the Company to make frequent impOrtations
of gold during the year.
Such are the sound and practical advantages which are submitted
by the Directors to the public, and which they will have the
greatest satisfaction, both as Directors and Shareholders, of
promptly carrying into execution, in the full confidence that this
Company will prove one of the most secure and profitable invest-
meats of the day.
Applications for shares and prospectuses to be made on or before
the 14th day of July at the offices of the Company, 9, Illoorg-ate-
street, or of Messrs. Field, Son, and Wood, Warnford-court, Throg-
morton-street; Messrs. Johnstone, Bradley, and Walk et. , brokers,
Manchester ; Messrs. S. R. and T. R. Healey, brokers, Liverpool
Mr. M. B. Beverley, broker, Leeds ; Mr. P. _Nightingale, broker,
43, ‘KFI u.
1 edei
Thomas,et:sit Fleet-street, ,
bbrr,
Dublin;)kk eerr:
BristolG.
m 1 ar Glasgow g
I;tvoi‘ia a;
Messrs
Wburg eoarn.
Birminghambe rto Wakefield;che,
and Dobson, brokers, Edinburgh ; and brikrmerrl,V.
Messrs. T. W. Flin:t and Co.,
brokers, Hull.

THE AUSTRALIAN FREEHOLD GOLD
MINE.
The Committee of Management, profiting by the recent favour-
able accounts from Sydney, take the earliest opportunity of in-
forming their co-adventurers that they have engaged TWENTY
ABLE-BODIED YOUNG MEN, of good character, as Labourers,
from the county of Northumberland, to join and serve under their
Engineer, Mr. Sherwood, and his staff, now engaged in Mining
Operations on the Company's Freehold Estate at Bathurit. The
men sailed this day from Bristol, on board the Lady Fit eherbert,
belonging to William Goodwin, Esq., and Co., of London.
By order,
WILLIAM PIILSFORD, Secretary.

Dated July Ist, 1852,
Offices, No. 39, Nicholas-lane, Lombard-street, London.

•
GRAVESEND STAR -PACKETS.
-Fore Cabin. Saloon.
ro or from Gravesend and 10d. . Is. 2d.
~ Gravesend and Blackwall and Woolwich Bd. .. •• Os. 10d.
Between Gravesend and Intermediate Piers.. 6d. .... Os. Bd.
NJ inner Packets call at the Grays, Greenlilthe, and Purfleet Piers.
the Packets call at the Piers as underlined (weather permitting).

FROM TERRACE PIER, GRAVESEND.

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