The Sun.
London, England, 1864-04-08 00:00:00

DIRECTORS

ENGLISH BOARD.
chairman—.GEORGE WORMS, Esq., Director of the
General Credit and Finance Company of London
(Limited).
Sir Stuart Alexander Donaldson, Director of the General
oCrredit and Finance Company of London (Limited).
d Robert Cecil, M.P.
sir the Hon. W. Patrick Talbot.
1r James Emerson Tennant.
Ado CONTINENTAL BOARD.
'Pue Dechamps, Ministre d'Etat, Ancien
Alinistre des Afftires Estrangeres, Membre
'er
pscif.re Chambre des Representants.
de Decker, Ancien Ministre de ' nterieur,
CMernbre de la Chambre des Repre,entants,
omte d'Hane-Steenbuyse, Prm,rietaire.
T.,ate de Liedp.kerke-Beaufort, Membre de la
'llembre des Representants.
.ndre Langrand-Dumonceau, Proprietaire.
44(10uard Mercier, Ministre d'Etat, Ancien
.At.inistre des Finances.
'4.ll)bonse Nothomb, Ancien Ministre de la
Justice, Membre de la Chambro des Repre-
-I,Bentantc
f,“trquis Tbeodule de Rodes, Proprietaire.
Adhemar du Val de Beaulieu, Proprie-
tali.,
Coin} T
Ignace van der Straten-Ponthoz, Pro-
,prietaire
rErdinand Schaefer, Directeur-rn-Chef de la Banque de
Credit-Foncier et Industrie), Vienna.
BANKERS.
411d°11—The General Credit and Finance Company of
,sr Loudon (Limited).
c.ussels—Banque de Credit-Foncier et Industrial.
le4lle The Branch of La Banque do Credit•Foncier et
Industrie].
Paris—The Branch of La Banque de Credit-Foncier et
Industriel.
Anuterdam—La Societe Generale de Commerce et
dustrie.
esth--The Hungarian Mortgage Bank.

Bruxelles.

SOLICTORS.
Messrs. Bevan and Whitting.
Messrs. Baxter, Rose, Norton and Co:
BROKERS.
Messrs. Laurence, Son, and Pearce.
Messrs. J. and A. Scrirageour.
OFFICES.
The General Credit and Finance Company of London
(Limited), 7 Lothbury.

SECRETARY, PRO TEM.
Edward Hamilton Anson, Esq.

This PROSPECTUS.
Company is based upon existing institutions on the
Continent, which have been already worked with signal
sue"2B.
The founders of the International Land Credit Company
have previously established—
In Belgium, La Banque Hypothecaire Beige and La
~:hque de Credit Toncier et Industriel (the Belgian Mort-
' Bank and the Bank of Industry and Land Credit).
.'
Netherlands
Holland, La Banqe Hypothecaire Neerlandaise (the
.. Mortgage Bank).
r aty
Austria, the Vindobona Mortgage Assurance Com•
v,i'l:shey have all prospered. The success they have met
kicil la established by authentic documents. It
brilly be
fa,',without exaggeration, that the results are ant
Qv 'base Companies have produced to their Shareholders an
ra-e
raore.s. dividend of 20 per cent., and some of them much
'Pnib': experience acquired by the working of these Com-
new s has led to the conclusion that, in order to give full
2cen_PPment to the principles which have proved so auc-
-I,aul, it is desirable to found a Central Company of an
h7taational character the main functions of which should
raise capital by, the issue of bonds and " lettres de
151,717 n the great money markets of Europe, to be ern-
r.r i
d through associated local Companies is purchases of
ra,A!',or.loans upon real property, in countries where the
I interett is high.
tip] L Banque Hypothecaire Beige, acting on this prin-
t° ?, and established nearly three years ago, has, with a
teti;nal capital of £480,000 only, succeeded placing on the
th wau market alone such an amount of " lettres de gage"
its shares with £6 paid have risen to and maintained
Chet its
at. £l3.
dThe capital raised in Belgium at 4 and 41 per cent has
ef,4 employed principally in Austria, through La Banque
e Credit Foncier et Industriel, which has a branch at
p,ellha completely organised, with a staff thoroughly
-V in Austrian affairs ; and it is shown by the books of
ins Company that of all its operations of purchase and sale
da"ullistria, not one has realised less than 20 per cent., after
25 per
all expenses, while generally they have reached
Per cent.
i such being the result of Companies limited to the Bel-
D41;11 money market for raising capital, it is evident that
xi."! greater results may be obtained by forming an Inter-
ahonal Company, with a share capital large enough to
itiacilitate the placing of bonds and" lettres de gage" on the
k°4eY Marketa of England, France, Holland, and Ger-
any, as well as of Belgium.
Accordingly, the present Company has been founded,
Under the English Law of Limited Liability, and with an
°face and rirection in 1 ondon, as welt as at Brussels; ar-
rangements have been made with the Banque Hypothecaire
•uelge for a complete fusion, while a treaty has been eon-
Ilided with the Banque de Cradit-Foncier et Industriel,
'hick ensures the benefit of their experience, and a large
and profitable business from the commencement, a mini-
)7ata dividend of 11 per cent. on the paid-up Share Capital
eeg secured in any event, as the result of the first year's
-orking.
•Ok is also proposed to enter into an arrangement with the
ladobona. 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-
aii" as well as the principal when due. By this means,
'ne business done in Austria will be rendered perfectly
'eeue.
pahe Vindobona is in the most flourishing state. It has
that he first year 6 per cent., the second 12 per cent., the.
arili",,ls per cent., and at the next meeting it is expected it
this distribute 25 per cent, Particular attention is called. to
eseegih,t• This guarantee is one of the features wahnich
Credit distinguishes this Company from other L d
si It Companies.
the pre ounds (6) per share will be called in the course of
eppaent year inclusive of the payment of £1 each on
thu'eation and allotment; after which, it is not expected
Cepi4t:? further Calls whatever will be wade. The Share
vet*, Paid up will thus be £1,300,000; and the profit
be for the first year under the above arrangements will
fretiVi farther increased as additional Capital is raised
gage ,year to year by the issue of Bond and "lettres de
tali,a and as the securities of the Company become natu-
of en the chief money-markets of Europe.
14 2e
5 AnaMountofa,ooo,oooCapital nowissued,£s,ooo,ooo
e iuuo Shares have been taken and paid upon on the
:IttlietiitlTt, and 50,000 Shares are reserved for England, of
ebbs .",000 are already subscribed, and 35,000 are offered
1`• e by subscriptionat tha General Credit and
ituttl„_
(,orapany of London (Limited).
term Art cles of Association of the Company, duly regis-
-462, ,London on 11th February last, under the Act of
perused at at the Offices of the Solicitors, where they may be

I ....1•••••••••
FORMtb OF APPLICATION FOR SHARES.
Directors of the International Land Credit Company
(Limited).
me
Gentle
11,—Having paid into your Bankers the sum of
t h I request that you will allot me Shares
I 11,!, ° International Land Credit Company (Limited), and
tam,r,ebY agree to accept the same, or any less number that
"e allotted to me, and to pay the Calls in respect of
NaeeShares so allotted when due; and I authorise you to
of s4l3' name on the Register of Members for the number
hares allotted.
I am) Gentlemen, your obedient servant,
Name in full
Profession or occupation
Address
Daft elvi.ll;ticsztitrteurtvePittio