The Sun.
London, England, 1864-04-13 00:00:00

IN what .6 Happy Land" can Lee° you after the
"Opera?" 1 only know of One HAPPY LAND
in which a Gentleman may Sup—EVANS', COVENT-
-DARDEN, my dear fellow!

THE CITY OF LONDON REAL PROPERTY
COMPANY, Limited.
Incorporated under the Companies' Act, 1862.
Capital £500,000, in 20,(00 shares of £25 each, with power to
increase.
£1 to be paid on application, and £2 10s. on allotment.
Any further calls at inter,ala of not less than three months.

DIRECTORS.
G. Ashhurst, Esq. (➢Messrs. Smith, White, and Co.)
Charles Del', Esq. (Messrs. Thomson, Bonar, and Co.)
Robert Russell Carew, Esq., Wes tbourne-terrace, ITyde-park,
and Carpender's-park, Watford.
Richard Gibbs, Esq. (Messrs. R. Gibbs and Co.)
Brim W. Pearse, Esq (Mess s. Alexander, Son, and Co.)
Meaburn Tatham, Esq. (Messrs. Fyson, Tathams, Cur.ing,
and Walls.)
John Walker, Esq, Director of the London Finanoial Asso-
ciation.
George Frederick Young, Esq. (Messrs. Young, Son, and
Magnay.)

BANKERS.
Messrs. Robarts, Lubbock, and Co.
The Mercantile and Exchange Bank, Limited.
SOLICITORS.
Messrs. Fyson, Tathams, Carling, and Walls.
ARCHITECT AND SURVEYOR.
Richard Bell, Esq.
BROKERS.
Messrs. J. and A. Scrimgeour.
U. Frisby, Esq., late Fos'er Brothers and Frisby.
TEMPORARY OFFICES.
21, Mincing,-lane.

This Company has been formed for the purpose of acquir-
ing real property in London, 'minding leaseholds, for build-
ing thereon. letting, or selling.
Particular attention will be directed to the acquisition of
propertie in first-rate localities, where, by the erection of
suitable buildings, a large profit can be derived.
With this view a contract has been entered into with a firm
who are amongst the largest private owners in the City of
London, for the purchase of their city properties, which
cover an area of nearly an acre and a halt, and.sz e situated in
Graceehurch-street, Fenchurch-street. Mincing-lane, and
Mark-lane. Plans can be seen at the offices of the sllicitors.
In this purchase it is stipulated that the vendors shall
guarantee for a period of years a minimum return upon the
purchase money, which will secure at once a liberal dividend
to the shareholders, and which will be further increased
when the contemplate I improvements are, as they shortly
wPI be, fully carried out.
The Company will have the advantage of borrowing on
their thbentures, at rates of interest much under the per
tentage guaranteed ; and for the present it has been arranged
with the vendors that the larger portion of their purchase
money shall remain unpaid at 4 per cent. interest.
It is a peculiarity attached to land in the City that the ex-
tent of business to be conducted in its very limited space is
daily increasing. The value of the time of successful traders,
and the convenience of particular loca:ities, are found to be
of more moment than question of rent.
The ac,ornmodation allotted to the produce markets in the
the neighbourhood of these properties has within the last
few years been doubled, yet the scale of rent has increased in
a greater degree, and there seems every reason to anticipate
that the demand for first-class offices in these localities will
continue to be in advance ( f t .e supply.
Eight thousand shares are subscribed for, the remaining
twelve thousand are offered o the public.
In case of no allotment the deposit will be returned.
FORS' OF APPLICATION FOR SHARES.

To the Directors of the City of London Real Property •
Company, Limited.
Gentlemen,—Having paid into your bankers the sum of
£ I request that you will allot me shares in the
City of' London Real Property Company, Limited, and I
hereby agree to accept the same or any I,ss number that may
be allotted to me, and to pay thecalls in respect of the shares
Bo allotted when due; ani I authorise you to place my name
on the Register of Alemters for the number of shares al
lotted.

I am, gentlemen, your obedient servant.

Name in
Profession or occupation
Address
Date

THE INTERNATIONAL FINANCIAL
SOCIETY (Limited), and the ANGLO-AUSTRIAN
BANK, are prepared to reoeive Subscriptions for the Capital
of the LEsIBEIiG-CZERSO WITZ RAILWAY tOAI-
PANY (Limited).
Capital £1,`:50,000, in 62,500 shares of .E 2) each.
Under a Guarantee from he Austrian Government, pro-
ducing a net minimum dividend of 7 per cent. per annum,
payable in silver.
Provision is made for payment by the contractor, Dlr. Brassey,
of interest at 6 per cent. per annum during construction.

Deposit, £1 on application and .£?, on a'lotment ; a farther
sum of £2 on the Ist of May, after which date no further
call will be made for six months.

COMMITTEE OF DIRECTORS,

Pending the constitution, under the provisions of the conces-
sion, of the Company as a Societe Anonyme.
In England—
Somerset A. Beaumont. Esq., M.P. 1 Directors of tit' Anglo-
Frederick Engeiha' dt, Esq. J Austrian Bank.
J. P. Brown-Westhaad. Esq., 31. P., Deputy-Chairman of the
London and North-Western Railway.

In Austria

H. R. Prince Leo Sapieha, President of the Carl-Ludwig
Railway.
Count `Vladimir Borkowski, Director of the Car"-Ludwig
Railway.
Charles Klein, Esq., President of the Chamber of Comm rce,
Vienna.

BANKERS IN LONDON,
Messrs. Glyn, Mil s, and Co., 67, Lombard-street, E.C.

BANKRKs TmeiriA.
The Anglo-Austrian Bank.
SOLICITORS.
Messrs. Bireham, Dalrymplest . Drake, and Ward, Parliament-
reet.
BROKERS.
Messrs. Seymour and Co., IS. Throgmorton-street.
Messrs. Cazenove and Co., Threadneedle-street.
TEMPORARY OFFICES.
54, Old Broad-street.

The great Trunk Railway from Vienna, in the direction of
the frontier of Moldavia, is at present complete as far as
Lemberg. The communication is effected by means of two
lines. The first being the Northern Railway, from Vienna
to Cracow; the second, the Carl-Ludwig RaLway, from
Cracow to Lemberg.
The first of these lines pays about 14 per cent. upon its
capital. The second was completed only at the end of 1861.
but since its opening has paid 8 per cent. upon its capital, and
consequently has never required to claim the guarantee of 5
per cent. accorded to it by the Austrian Governny-nt.
The present line is the continuation from Lemberg to
Czernowitz, near the Moldavian irontier. The concession has
been granted by the Austrian Government on terms un-
usually favourable to the company undertaking it.
The proposed railway, enter ng into the heart of the grain
and cattle-producing district whence the Carl-Ludwig line
obtains its most important traffic, and being constrinted at a
very considerably less cost, promises to be more profitable
than its neighbour.
The continuance of the line through Mo'clavia to Galati,
the Danube ,for which a concession has recently been
granted by the Chambers of the Principalitii-s), must neces-
sarily add largely to the profits of the Lemberg-Czernowilz
Railway, which will thus form an integral t art in an un-
broken and direct railway communication between the Baltic,
the German Ocean, and the Black Seas
The concession, the duration of which is ninety years, sti-
pulates for the commencement of the works previous to the
iith January, 1F65, and for their completion within three
years ; but provision is made for extension if these periods
In case of political or fiiancial a
crisis.
The Government guarantee fixed sum of £11,0,000 in silver
money as a net annual revenue of the line.
The sum thus guaranteed by the Government, after pr o-
viding for the payment of interest at 5 per cent. on the
Bonds, and for an annual sinking-1 und, will leave a clear 7 per
cent. applicable to the share capital. The sinking fund will
be annually applied by lot to the redemption of the Bonds
and Shares at par. The proprietors of the Shares thus, from
time to time, redeemed will, for each share, receive a certifi-
cate entitling the bearer to a participation, during the re-
maining term of the concession, in all the profits of the Com-
pany exceeding 5 per cent. on the original capital.
A contract, which will be adopted by the Company, has
been entered into by the concessionaires with Mr. Brassey
for a sum of £2,450,000.
This contract provides for the construction of the rai way
in accordance with the terms of the concession, and for stock-
ing the same with r. lling stock. It includes all the preli-
minary expenses of acquiring the concession and forming
the Company ; it makes provision for interest during con-
struction on paid uo capital at the rate of 6 per cm'. per
annum; and it covers an ample reserve for the expenses
of management until the railway shall be opened for public
traffic.
The concession confers the requisite power toform a So-
ciete Anonyme with Shares to bear: r, whereby the liability
of the subscriber will be limited to the amount of 25 per
cent of the nominal amount of their Shares.
The capital of the Societe Anonyme e ill be £2,450,000; to
tie issued, £1,202,0)0 in Bonds, and £1,250,00 in Shares of
£2O each.
The Bonds have already been taken.
Preparatory to the formation of the Societe Anonyme
(which cannot be definitively constituted according to Aus-
trian law until 25 per cent. of the share capital has been paid
up), the Lemberg-Czernowitz Railway Company has been
formed as a limited liability company, the shares in which
Rill be exchanged for Shares of a like denomination in the
Societe Anonyme.
A copy of the articles of Association, of the concession, and
of the statutes under which it is proposed to constitute the
Societe Anonyme, can be inspected at the Offices of the Soli-
citors, 46, Parliament-street.
Applications for Shares must be made in the annexed
form, addressed to the Directors of the international Fin in-
clal Society (Limited), and of the Anglo-Austrian Bank, but
no application will be considered, unless accompanied by the
receipt of Messrs. Glyn, Mills, and Co., or of the Anglo-A.us-
tri n Bank, Vienna, for Li per Share on the number of
Shares applied for. This sum will be returned in the event
of the application not being acceded to, and, if an allotment
is made, it will be applied towards the payment of £1 per
Share then due.