The Sun.
London, England, 1864-05-03 00:00:00

THE HUMBER IRON-WORKS and SHIP.
BUILDING COMPANY (Limited.
Incorporated under the Companies Act, 1862.
THE MERCANTILE CREDIT ASSOCIATION, LIMITED,
AND THE CREDIT MOBILIER, LIMITED,
Are prepared to receive applications for the capital of THE
HUMBER IRON-WORKS and SHIP-BUILDING COM-
PANY.
Capital X 1,000,000, in 20,000 shares of £lO each, of which
It',o 0 have been already subs3ribed.
Deposit on application £1 per share, and £4 on allotment.
No future call to exceed £5 per share, and at intervals of
not less than three months.
It is not contemplated to call up more than £l2 10.. per
share ; any further capital that may be required will be
raised by the i sue of new shares, a preference being given
to the holders of existing Shares.
DIRECTORS.
E. W. Watkin, Esq., Director of the Great Western Railway
Company, and President of the Grand Trunk Railway
Company of Canada, Chairman.
D. J. Bacca, Esq. (Pena, Cremedi, and Co.), Great Winches-
ter-street.
E. H. D'Avigdor, Esq., 5, Upper Harley-street.
Captain Heath, C. 8., Austin Grange, Dorking.
John Lumsden, Esq., Mayor of Hull (Brownlow, Lumsden,
and Co.), Shipowners, Hull.
Capt. J. H. Marryat, (Joseph Marryat and Sons), Lawrence
Pountney-lane.
W. L. Merry, Esq., Director of the Mercantile and Exchange
Bank, Limited.
J. Morrish, Esq., Director of the Metropolitan and Provincial
Bank, Limited.
W. H. Moss, Esq., Alderman, Hull.
Christopher Simpson, Esq., Director of the Hull Dock Com-
pany, Hull.
W. 11. Smith, Esq. (Smith, Barry, and Co.), Leadenhall-
s treet.
Julius H. Thompson, Esq. (Julia H. Thompson and Co.,
Shipowners), Lead onhall-street.
MANAGING DIRECTOR, HULL.
Martin Samuelson, Esq., M.I.C.E.
CONSULTING ENGINEER.
George Hinton Bovill, Esq , Duke-street, Westminster.
CONSULTING MARINE ENGINEER.
Charles Atherton, Esq., Whitehall. late chief engineer at
Royal Dockyard, Woolwich.
BANKERS.
. _ _

Bank of London.
Metropolitan and Provincial Bank, Limited.
Mercantile and Exchange Bank, Limited, London, Liver-
pool, and Glasgow.
Messrs. Samuel Smith Brothers and Co., Hull.
SOLICITORS.
Messrs. Edwards and Co., Westminster.
BROKERS.
Messrs. Rob:ns and Barber, Threadneedle-street.
TEMPORARY OFFICES.
At the Offices of the Mercantile Credit Association, Limited,
21, Threadneedle-street;
And the Credit Mobilier, Limited, 80, Lombard-street.
SECRETARY (PRO TEM.)
Arthur Dossor, Esq.

The Company has been formed for purchasing and ex-
tending the well-known iron ship-building establishment of
Messrs. Martin Samuelson and Co., of HulL The capabilities
of these works are unsurpassed by any in the kingdom—they
occupy 11 acres of ground, with water frontage to the river
Humber and river Hull, having a depth of water of 30 feet.
The present iron rhip-building, power of the establishment
is equal to the construction of 20,00) tons per annum, at
which rate the works are now being carried on. Messrs.
Samuelson and Company have orders on hand for ships ex-
ceeding 20,000 tons ; other large orders are offered, and it is
proposed to take 11 acres of land adjoining the present yard,
and which Messrs. Samuelson and Company have secured,
so as to extend the works to meet the large daily increasing
profitable demand for ships, and to ereot rolling mills for the
manufacture of the iron required for ship builaing, as well as
for all kinds of railway and engineering works.
In addition to the engineering works. foundry, and ship-
building yards, there is a patent slip for repairing ships of
the largest class. This is a highly profitable part of the busi-
ness. The demand for the use of this patent slip has been
such that it has never been unemployed since Messrs. Samuel-
son and Company constructed it at a considerable cost some
years ago.
The situation of this establishment gives it special advan-
tages over others of a like character. The pri e of ship-build-
ing labour is lower at Hull than in any of the iron ship-
building ports of the kingdom; it is in the great iron district
of Yorkshire; coal is cheap, railways run into the works,
and connect them with all parts of England. Freights are
very moderate from Hull, and the large timber trade of
Hull offers advantages for the purchase of the timber, which
is used in large quantities, on highly advantageous con-
ditions.

Two thousand workmen are now employed at the works.
The present orders in hand for ships, engines, and general
engineering work amount to above £300,100, all at very remu-
nerative prices.
Reports made by some of the most eminent engineers who
have examined the works, and who are specially acquainted
with this branch of manufacture, show that after making
large allowances-30 per cent. - off the capabilities of the
works, the trade will, with the judicious management and
employment of the capital, ret urn a dividend of 20 per cent.
and upwards to the shareholders, and if the works continue
to be fully employed, a much larger amount.
Tha terms of i urchase are highly advantageous ; the plant
and machinery, buildings, freehold and leasehold premises,
together with al the stock of materials, are to W. taken at
the valuation of two engineers, one named by the Company
and the other by the vendors, with an umpire in the usual
way. The goodwill of the business, including the profit
on works in hand, is to be paid for at one year's pur-
chase of the net profits, but on an average of three years'
working.
In the event of no allotment being made, the deposits will
be returned in fu 1. Should a less number of shares be al otted
than is app lied for, the deposit will be made available towards
the paymi,nt on allotment, and the balance, if any, returned
to the applicant.
Prospectuses and Forms of Application for Shares may be
obtained at the Temporary Offices of the Company, 21,
Threadneedle-street, and 80, Lombard-street, and of the
Brokers and Solicitors.
April, 1864.

FORK OF APPLICATION FOR SHARES.
To be retained by the Bankers.

No. -
To the Directors of the Humber Iron-works and Ship-build-

ing Company (Limited),

Gentlemen,
Having paid to your bankers,
of £ , being a deposit of XI per Share on
Shares in the above Company, I hereby request that you will
allot me that number, and I agree to accept such Shares, or
any less number you may allot to me; and I agree to p.y the
deposit on allotment, and to sign the Articles of Association
of the Company when required, and I authorise you to insert
my name on the Register of Members for the number of
Shares allotted to me.

, the sum

Usual signature
Name in full
Residence
Profession
Date ... .April, 1864.

THE HUMBER IRON WORKS AND SHIP
BUILDING COMPANY (Limited).
NOTICE IS HEREBY GIVEN. that the LIST of APPLI-
CATIONS for SHARES In this Company will be CLOSED
THIS DAY (Tuesday), the 3d May, at four o'clock, for Lon-
don, and TO-MORROW (Wednesday), the 4th May, at 12
o'clock, for Country applications.
By order of the Board,
ARTHUR DOSSOR, Secretary pro. tem.
London, 21, Threadneedle-street, May 3, 1864.

TEETH.—Mr. ESKELL'S INVENTION in
the construction of' ARTIFICIAL TEETH has the
following advantages :—A set or teeth, of excellent work-
manship and mechanism, can be made and fitted with the
most perfect accuracy and success, in a few hours, without
pain or extraction of stumps, and to answer all the purposes
of mastication and articulation. They are fitted without
wires or fastenings, and adapt themselves so perfectly to the
gums, that they are quite immoveable, except at the option
of the wearer. Invalids or residents in the country can ad-
just these teeth to many changes of the mouth without the
aid of a dentist. They are not so liable to injury, are always
useful, and will last a lifetime. Comfort guaranteed. Trea-
tise explaining Mr. Eskell's Patent, Sze., free for 7 stamps.
Insiintion of specimens and consultations iree.-B,Grosvenor-
stria, Bad-street, W, 81 t 390 Zeilligtns-LW, 1,4-
14140aDlq