The Sun.
London, England, 1864-05-30 00:00:00

ABRIDGED PROSPECTUS,

------- - ---
The " London and Venezuela Bank" has for its proposed
operations a ground unoccupied. and is most urgently re-
quired. Preliminary negotiations have been in progress for
ROM. months, and the project has been sub flitted to the
judgment of the moat eminent Venezuelan merchants, and
has met with their unq•'alified approval. Support is promised
in highly influential quarters, and the Directors are assured
that the privilege of issuing Bank notes will be accorded by
the Government.
The banking facilities which Caracas has hitherto pos-
sessed have been very limited, but the fast that the Bank
of Caracas, which will now merge into this establishment,
has -despite its restricted means—earned a net profit exceed-
ing 30 percent. per annum, leaves no doubt that the present
undertaking will result in complete success.
The following, published by Messrs. Matheson and Co.,
while inviting tenders forth Venezuelan Loan in June last,
will confirm the above statements : -
"At present there i 3 almost an entire absence of banking
accommodation in Venezuela. Possessed of every advantage
of climlte and soil, within sixteen days' sail of England, the
existing monetary facilities are quite inadequate to the com-
merce of the country. and to the increasing production and
rapidly extending exports of its coffee, cocoa, cotton, hides,
&c. The advantages of this
Institution will be obvious to all, and as the rates of interest
range from 10 to 15 per cent. per annum, the profits may be
expected to be considerable."
It may be added, that since that period, owing to the in-
creased and increasing demand for cap tal for the cultivation
of cotton, which is now being exported to England in large
quantities, it finds safe and profitable employment at much
higher rates than those quoted by Messrs. Matheson.
The want of an Exchange Bank in Venezuela ocmsions
the utmost inconvenience in buying and sel►ing foreign
bills ; this Bank will supply the want, and as returns can be
made with far greater npidity from Venezuela than from
India, where banking facilities of a like nature have been
found extremely profitable, it is certain this branch must be
still more remunerative.

The principal control of the London and Venezuela
Bank will be vested in the Board of Directors in England.
They will select a manager of known qualifications, who,
on his arrival, wi 1 have he assistance and advice of the
Directors in Caracas and La Gnayra, who are Europeans of
high standing in the country, and well known in connection
with Venezuelan trade and finance.
Full pro pectuses, with forms of appli ations for shares,
may be procured of the Bankers, Solicitors, Broken, or Secre-
tary, at the Gift ea of the Company, where the Articles of As-
sociation may be inspected, and every information obtained.

THE FREEHOLD and GENERAL INVEST-
bIENT COMPANY (Limited).
(Incorporated under the Companies Act, 1862.)
Capital £250,000, in 10,000 Shares of £25 each.
With power to increase to £1,000,000.
First issue 5,000 Shares.
Subscriptions for more than half of which have been already
promised.)
Deposit on application £1 per Share, and £2 on allotment.
Calls pot to excxed £2 per Share, with an interval of not less
than Three Months.
It is not intended to call up more than £lO per Share, but
as more capital can be advantageously employed, further
issues of Shares will be made, in the allotment of which a
preference will be given to the then existing Shareholders.
Should no allotment be made, the deposit will be returned in
full.
DIRECTORS.
The Right lion. Lord NIGEL KENNEDY, Montrose
House, Petersham, Chairman.
The Right Hon. Lord Viscount Malden, 39, Lowndes-street,
Belg,rave-square, and Loudwater House, Bucks,
Charles Kemp Dyer, Esq.. St. Albans
Edward Barran, Esq., Milk-street, Cheapside.
George P. Lascaridi, Esq., Old Broad-street, Director Fi-
nancial Discount Company (Limited).
Frederick A. Legg, Esq., 22, Sackville-stre4, and South
Norwood.
Wiliam W. Prole, Esq.,'Kensinzton P ark-gardens East.
William R. Rogers, Esq., M.D , 56, Berneroziiitreet.
William Watson, Esq., Bristol, Director of the Bristol and
Exeter Railway Company.

BANKSRS.
Metropolitan and Provincist Bank (Limited), 75, Cornhill ;
and Oxford-street Branch, 86, Oxford-street.
SOLICITORS.
Messrs. Matthews and Greetham, 68, Lincoln's-inn-fields.
BROKER.
Alfred Ashton, Esq., 75, Old Broad-street.
AUDITORS.
Messrs. Harding, Pullein, Whinney, snd Gibbons, 3, Bank-
buildings, Lothbury, E.C.
SECRETARY PRO TEM.
I?. N. Collier, Esq.
TEMPORARY OFFICES.
1, New Broad-street-court, E.C.

D PROSPECTUS.
The °WWI; ofABRIDGE this Company are to purchase, from tine to
time, such freehold or leasehold property in London and its
prove neighb
ment. ourhood as may present special capabilities for im-
The first step of the Company will be the purchase and
development of some first-class freehold properties at the
West-end, for securing which most advanta, eous agreements
have been entered into, and the rental to be derived there-
from has been estimated by experienced valuers to produce a
sufficient sum to ensure interest and dividend amounting to 15
per cent. and upwards (arising from property ever increasing
n value), g makin ample de •uction for repairs, out-
goings, and g
and management ; and when these properties are
completed and occupied, it is calculated they may be resold at
a
Ftiu ars of the proposed operations of the Company
pFruolfilt of 50
parer cent. to the Company.
maythe
Officeb be %b s
rained from the
may be obtained at the Offices, No. 1, New Broad-street-court,
pectuses and
where the Artic e 4 of Association maybe seen; and Pros ,
Bankers, Applicationßrokers, for
Solicitors,Shares
o r
at
Formsßan
of the Company.

FREEHOLD 4nd GENYRAL INVES'I'MENr
compANwLimit ,cl.
N .110 E I- 17 3.:": EBY (;1V h t HARE I,Ts:
o' 'his ompa y wtil be cLOSED on THURSDAY, the 21
June, at 4 o'clock.

R. N COLLIER, Secretary,
Temporary office-. 1, New Ili-ond-streo.penr