The Sun.
London, England, 1864-04-13 00:00:00

THE CITY OF LONDON REAL PROPERTY
COMPANY, Limited.
Incorporated under the Companies' Act, 1862.
Capital £SOO,CCO, in 20,1.00 shares of £25 each, with power to
increase.
£1 to he paid on application, and £2 les. on allotment.
Any further calls at intervals of not less than three months.
DIRECTORS.
H. G. Ashhurst, Esq. (Messrs. Smith, White, and Co.)
Charles Be!', Esq. (Messrs. Thomson, Bonar, and Co.)
Robert Russell Carew, Esq., Wertbourne-terrace, Hyde-park,
and Carp,nder's-park, Watford.
Richard Gibbs, Esq. (Messrs. H. Gibbs and Co.)
Brice W. Pearce, Esq (Mess a. Alexander, Son, and Co.)
Meaburn Tatham, Esq. (Messrs. Fyson, Tathams, Curing,
and Walls.)
John Walker, Esq, Director of the London Ficancial Asso-
ciation.
George Frederick Young, Esq. (Messrs. Young, Son, and
lilagn3y.)
BANKERS.
Messrs. Robarts, Lubbock, and Co.
The Mercantile and Exchange Bank, Limited.
SOLICITORS.
Messrs, Fyson, Tathams, Curling, and Walls.
ARCHITECT AND SURVEYOR.
Richard Bell, Esq.
BROKERS.
Messrs. J. and A. Scrimgeour.
11. Frisby, Esq., late Foster Brothers and Frisby.
TEMPORARY OFFICES.
21, Mincing-lane.
This Company has been formed for the purpose of acquir-
ing real property in London, including leaseholds, for build-
ing thereon, letting, or selling.
Particular attention will be directed to the acquisition of
propertie in first-rate localities, where, by the election of
suitable buildings, a large profit can be derived.
With this view a contract has been entered into with a firm
who are amonEst the largest private owners in the City of
London, for the purchase of their city properties, which
cover an area of nearly an acre and a halt, and ale situated in
Gracechurch-street, Penchurch-street. Mincing-lane, and
Mark-lane. Plans can be seen et the offices of the s ilicitors.
In this purchase it is stipulated that the vendors shall
guarantee for a period of years a minimum return upon the
purchase money, which will secure at once a liberal dividend
to the shareholders, and which will be further increased
when the contemplate ,1 improvements are, as they shortly
will be, fully carried out.
The Company will have the advantage of borrowing on
their debentures, at rates of interest much under the per
tentage guaranteed; and for the present it has been arranged
with the vendors that the larger portion of their purchase
money shall remain unpaid at 4 per cent. interest.
It is a peculiarity attached to land in the City th it the ex-
tent of business to be conducted in its very limited space is
daily increasing. The value of the time of. successful traders,
and the convenience of particular locadties, arc found to Le
of more moment than question of rent.
The avommodation allotted to the produce markets in the
the neighbourhood of these properties has within the last
few years been doubled, yet the scale of rent has increased in
a greater degree, and there seems every reason to anticipate
that the demand for first-class offices in these localities will
continue to be in advance oft e supply.
Eight thousand shares are subscribed for, the remaining
twelve thousand are offered ,o the public.
In case of no allotment the deposit will be returned.

FORII OF APPLICATION FOR SHARES.
To the Directors of the City of London Real Property
Company, Limited.
Gentlemen,—Having paid into your bankers the sum of
, I request that you will allot me shares in the
City of London Real Property Company, Limited, and I
hereby agree to accept the same or any less number that may
be allotted to me, and to pay the calls in respect of the shares
Bo allotted when due
i an i I authorise you to ple my nam
on the Register of lemters for the number of !shares al-
e
lotted.
I am, gentlemen, your obedient servant.

Name in
Protestion or occupation
Address
Date

THE INTERNATIONAL FINANCIAL
SOCIETY (Limited), and the ANGLO-AUSTRIAN
BANK, are prered to recee Subscriptions for the Capital
of the LEMBpaEKG-CZERivSOWITZ RAILWAY COM-
PANY (Limited).
Capital £1,150,000, in 62,500 shares of £2) each.
Under a Guarantee from ihe Austrian Government, pro-
ducing a net minimum dividend of 7 per cent. per annual,
payable in silver.
Provision is made for payment by the contractor. Mr. Brassey,
of interest at 6 par cent. per annum during construction.
Deposit, V. on application and £! on alotment ; a further
sum of £2 on the Ist of May, after which date no further
call will be made for six months.

COMMITTEE OF DIRECTORS,
Pending the constitution, under the provisions of the conces-
sion, of the Company as a Societe Anonyme.
In England—
Somerset A. Beaumont. ESq , M.P. 1 Directors of till Anglo-
Frederick Enge,ha,dt, Esq. J Austrian Bank.
I. P. Brown-Westhead, Esq., M.P., Deputy-Chairman of the
London and North-Western Railway.
In Austria -
11. ET. Prince Leo Sapieha, President of the Carl-Ludwig
Railway.
Count Vladimir Borkowski, D:rector of the Car'-Ludwig
Railway.
Charles Klein, Esq., President of the Chamber of Comm rce,
Vienna.
BANKERS IN LONDON,

Messrs. Glyn, Mil s, and Co., 67, Lombard street, E.C.
BANKERS IN VIENNA.
The Anglo-Austrian Bank.
SOLICITORS.
Messrs. Biroham, Dalrymple, Drake, and Ward, Parliament-
street.
BROKERS.
Messrs. Seymour and Co., 38, Thror,morton-street.
Messrs. Cazenove and Co., Threadneedle-street.
TEMPORARY OFFICES.
54, Old Broad-street.

The great Trunk Railway from Vienna, in the direction of
the frontier of Moldavia, is at present complete as far as
Lemberg. Ve commun,cation is effected by means of two
lines. The first being the Northern Railway, from Vienna
to Cracow; the second, the Carl-Ludwig liaLway, from
Cracow to Lemberg.
The first of these lines pays about 14 per cent. upon its
capital. The second was completed only at the end of 1861.
but since its opening has paid 8 per cent. upon its capital, and
consequently has never required to claim the guarantee of 5
per cent. accorded to it by the Austrian Governm, nt.
The present line is the continuation from Lemberg to
Czernowitz, near the Moldavian frontier. The concession has
been granted by the Austrian Government on terms un-
usually favourable to the company undertaking it.
The proposed railway, enter ng into the heart of the grain
and cattle-producing district whence the Car:-Ludwig line
obtain' its most important traffic, and being constructed at a
very considerably less cost, promises to be more profitable
than its neighbour.
The continuance of the line through Mo'davia to Galatz,
on the Danube 'for which a concession has recently been
granted by the Chambers of the Principalities), must
Czernow it nec esz
-
sarily add largely to the profits of the Lemberg-
Railway, which will thus form an enteral cart in an un-
broken and direct railway communication between the Baltic,
the German Ocean, and the Black Sea.
The concession, the duration of which is ninety years, sti-
pulates for the commencement of the works previous to the
title January, 1165, and for their completion within three
years ; but provision is made for extension cf these periods
in case of political or financial crisis.
The Government guarantee a fixed sum of 4150,000 in silver
money as a net annual revenue of the line.
The sum thus guaranteed by the Government, after pro-
viding for the payment of interest at 5 per cent. on the
Bonds, and for an annual sinking fund, will leave a clear 7 per
cent. applicable to the share capital. The sinking fund will
be annually applied by lot to te redemption of the Bonds
and Shares at par. The propriehtors of the Shares thus, from
time to time, redeemed will, for each share, receive a certifi-
cate entitling the bearer to a participation, during the re-
maining* term of the concession, in all the profits f the Com-
o
pany exceeding 5 per cent• on the original capital.
A contract, which wilt be adopted by the Company. has
been entered into by the concessionaires with Mr. Brassey
for a sum of £2,450,000.
This contract provides for the construction of the rai way
in accordance with the terms of the concession, and for stock-
ing the same with r Ring stock. It includes all the preli-
minary expenses of acquiring the concession and forming
the Company; it makes provision for interest during con-
struction on paid.up capital at the rate of 6 per cenr. per
annum; and it covers an ample reserve for the expenses
of management until the railway shall be opened for public)
traffic.
The concession confers the requisite power to form a So-
ciete Anonyme with Shares to bearer, whereby the liability
of the subscriber will be limited to the amount of 25 per
cent of the nominal amount of their Shares.
The capital of the Societe Anonyme v+ ill be £2,450,000; to
he issued, £1,200,0a0 in Bonds, and £1,250,00 in Shares of
£2O each.
The Bonds have already been taken.
Preparatory to the formation of the Societe Anonyme
(which cannot be definitively constituted according to Aus-
trian law until 25 percent. of the share capital has been paid
up), the Lemberg-Czernowitz Railway Company has been
formed as a limited liability company, the shares in which
will be exchanged for Shares of a like denomination in the
Societe Anonyme.
A copy of the krticles of Association, of the concession, and
of the statutes under which it is proposed to constitute the
Societe Anonyme, can be inspected at the Offices of the Soli-
citors, 46, Parliament-street.
Applications for Shares must be made in the annexed
form, addressed to the Directors of the International Fin 'ti-
dal Society (Limited), and of the Anglo-Austrian Bank
the
, but
no application will he considered, unless accompanied by
receipt of Messrs. Glyn, Mills, and Co., or of to Anglo-Ans-
tri ,n Bank, Vienna, tor LI per Share on the number of
Shares applied for. This sum will be returned in the event
of the application not being acceded to, and, if an allotment
is made, it will be applied towards the payment of £1 per
Share then due.

LEMBERG-CZERNOWITZ RAILWAY COMPANY
(Limite
FORM OF APPLICATION FOR SHARES.
To be left wi h the Bankers.

No.
To the Directors of the International Financial Society
(Limited), and of the An7lo-Austrian Bank.
Gentlemen, —Having paid to Messrs. Glyn, Mills, and CO,
the sum of X being XI per Share on Shares,
I
of £2O each, which request may be allotted to me in the
Lemberg-Czernowltz Railway Company Limited), and I
hereby agree to accept such Shares, or any less number, and
to become a member of the Company, and to have my name
placed on the Register of Members in respect of the Shares
allotted to me.
I am. Gentlemen, your obediedt servant,
Name in full
Address in full
.1 a