The Sun.
London, England, 1864-03-07 00:00:00

SOLICITOR,

G. W. Cuming Dean, tsi -,27,-Ne-wThroad-street.

AUDITORS.
William Cooper, Esq., publio accountant, '3, George-street
Mansion-house.
W. Andrews, Esq., Manager United Kingdom Electric Tele.
graph Company,
BEGRETART (lira tetra.)
Mr. H. L Price.
Temporary Offices, 2, Bank-building, g.

PROSPECTUS.
Although the system of joint-stock banking has been esta-
blished to meet the requirements of most departments of
trade, it has not been introduced for the business of the
Agricultural and Cattle-markets of the metropolis ; and
though the population has doubled within the last twenty-
five years—aid consequently the necessary q tantity of sup-
plies - yet the whole business, amounting tofifteen to twenty
millions per mum; is left in the hands of a few private
firms.

The Albion Bank is introduced to provide increased
facilities for this trade, by establishing an office in the City,
as well as at Smithfield and the Metropolitan e_ att e-market ;
and subs( quently, shou'd it be found desirable, by opening
branches in the agricultural districts.
The value of the rapidly-increasing commission business
to be transacted by the Albion Bank can be readily appre-
ciated by a lino aledge that the method in which dealings are
carried on at the Cat le-market constitutes the bank, the de-
po'itory of all the moneys passing from the buyer to the
producer.

The Metropolit ,n Meat or Poultry-market in Smithfield,
now in course of erection, is destined, by the terms of the act
of Parliament, to combine and supersede all other markets
for meat in the metropolis. To this market will be concen-
trate all transactions for the supply of butaners' meat,
you try, and other pr,duce to the inhabitants of the metro-
polis, and a circle of 14 miles round it.
The Directors have entered into provisional arrangements
by which the advantage of c mmencing up ,n an establ.shed
connexion, under competent and experienced manageme •t,
will be sezured to Shareholders from the commence-
ment of business, by which they are warranted in expect-
ing that they wi 1 be enabled to declare a dividend during
the first year.
That number of Joint-Stock Banks m ybe advantageou 3 y
increased (more p r icularly u ,d, r special circumstance-,
such as have led to the formation of the Albion Bank), is de-
monstrated by the fact that so late as six ye r, ago, when
the number of Joint Stock Bank in London was n .t more
than six, their total deposits did not ex .eed £22,030,000;
while now that the number of these bank s has been doubled,
.the, joint deposits are already more than treb el, arnoun ing
to a total of £71,792,300. Toe dividend., of the older banks
range from 15 to 30 per cent. in accor,iancc with the dates of
their « stabli hment ; end the premiums on their shares are
from 203 to 3CO ter cent. in a precisely s•rni ar rids. The
deros,ts and dividends of th Joint-Stock Rinks rccent,y
formed show a ra, id progress tow.(rds identic tl results.
Should no al otment take placa the deposits will be returned
in full. Should a less number of Shares be a I ,tted than are
applied for, the deposit w.ll be made available tow trds the
p yntent on llotmeut, and the b 8 ance, if any, returned to
she auplie ,nt.
Application for Shares in the annexed form may be ad-
dressed to the !tankers, Broker, or Directors 01 the Corn-
pany, and to the Sec, et ,ry, at the OM e of he Company.

FOR, 31 OF APPLICATION FOR SHARES.
To the Director, of the Albion B nk iL
Gentlemen,—Having pa'd to your Bailers the sum of ,
being a Depo it of Xi per Sha,e on Shares in the above
Company, I hereby request that you will slot me that num-
ber, and I accept such Shares, or any less number you may
allot me, and agree to execute the Article of Associati
when required ; an t I reqest that my name may be placed
on the regis er of Shareholders for S area so alloted.
Name in full
Res dence
Profession or business
Date