The Sun.
London, England, 1864-08-03 00:00:00

The Graving Docks are freehold, with a
River Thames. The Docks are constrrcted

)ntage to the
receive ships

and steamers of 2,500 tons, and are provided with all the ne-
cessary workshops and accessories for first-class Dry Docks,
so as to enable them to keep up the high character they have
ever possessed ; the Company will, therefore, have at com-
mand the means of economically and promptly keeping their
ships in efficient order; by so doing a great saving is effected,
which forms a considerable item of profit.
When free from use by the Company's vessels, it is in-
tended that the Graving Dock shall, as hitherto, be em-
ployed in the repair of other vessels ; and having in view the
very limited Dry Dock accommodati,n in the Thames, com-
pared with the extent of tonnage that frequents the Port of
London, and the constant and pressing demand for docks cf
thii magnitude, it is confidently anticipated that this branch
f the Company's operations will con inue to yield its very
large revenue, while the property will be found yearly in-
creasing in value.
The terms upon which the whole of the fleet of Vessels,
Graving Docks and Plant, arc to be taken by the Company
are most fair and liberal, and in perfect harmony with the
high reputation of the Vendors, they having agreed to the
whole being taken at a valuation, to be made by four compe-
tent Surveyors, two of which will be nominated by Messrs.
Somes Brothers and two by the Company, with an umpire in
the usual way. The goodwill has been fixed at a very mode-
rate price, and which will include all the accruing freights on
the ships, work in the yards, &c.
By this arrangement the Company confidently anticipate
that they will be in a position to declare large dividends, so
that the Directors feel that applicants, instead of applying
for shares in a new undertaking, will rather be admitted as
partners in one of the oldest, most lucrative, and valuable
concerns in London, and which has the immense advantage
of being in full operation.
Messrs. Somes Brothers have both taken seats at the
Board, thereby securing to the Company their great practi-
cal experience and influence • they have further shown their
confidence in the undertaking by subscribiug £lOO,OOO of the
capital.
The able and active staff of officials will remain in the em-
ploy of the Company, so that the business will not suffer an
hour'sinterruption by the transfer.
ex
allotmentand be
b accompanied
made,
Applications for the remaining shares must be made in the
form
he
amountby a p aywmi payment of
£1
returned
d
share
a;ninf no e
forthwith ; if a less number be allotted than is applied for,
the amount paid on application will be applied towards the
eu
payment of the £4 due on allotment, the balance (if any) being
returned.
Prospectuses and forms of application, with plan of the
Dockyard and Premises, may be had at the offices of the Im-
perial Mercantile Credit Association and of the Credit Mo-
bilier, of the Seoretary, the Bankers, Brokers, and Solicitors.

FORM OF APPLICATION FOR SHARES.
(To be retained by the Bankers.)

No. -
To the Directors of the Merchant shipping Company
in above Company, (Limited) (late Somes Brothers).
that number, and I agree to
Gentlemen,
Having paid to your Bankers, the Agra and tiasterman's
the , being a deposit of £1
rpßeeagrneshare
thathin (Limited)
tnt e
you
0)
u the
w
any, I hereby
islultmhaalolrofets£
me
nu b
accept such shares, or any le” mer you may allot to me ;
and I agree to pay the deposit on allotment, and to sign the
Articles of Association of the Company when required ; and
I authori.e you to insert my name on the Register of Mem-
bers for the number of shares Usual allotted to me.
Sign atur e ........
Name in full
• ......
Residence ... • • .......
Profession
Date, itugut, UM u u s o .. 4.11 43
111