The Sun.
London, England, 1864-03-02 00:00:00

PROSPECT US.

The object of this Company Is-topurehase and extend the
Well-known and Fuccesst ul business carried on by the Thames
Iron Works and Ship-building Company (Limited), at Black-
wall.

e Thames Iron Works and Ship-building Company
(Limited), was established in the year :857, and has now
attained the foremost position in the construction of vessels
of war and ships of the highest class for the commercial
marine. The iron for these vessels, and for their armour
plates, is manufactured on the premises, together with forg-
ings and castings of the largest class for marine engines,
bridges, and other similar works. The rolling mills, steam
hammers, foundries, smiths' shop., saw mills, dc., are all of
the best class and in the highest state of efficiency, forming
together an establishment unequalled.
Three of the largest iron-clad frigates in the British navy
—the Warrior, Valiant, and Minotaur—have been built by
the Thames Ship-building Company, and orders have been
received for iron-clad vessels for the Danish, Russian,
Spanish, and Turkish navies, some of which are now in course
of construction.

It has been determined to add to the existing* business of
the Company two other lucrative branches, name'y, Graving
Docks and Engineering, which are naturally and essentially
connected with its present operations. For this purpose, as
well as for the large and increasing business ot the Com-
pany, a considerable extension ot capital wilt be required as
the works advance ' • and in c.rder to carry out the objects in
view, it is proposed to transfer to the new Company (subject
to payment of the dividend for the past year) the whole of
the valuable contracts, assets, goodwill, and effects of the
Thames Iron Works Company, together with its liabilities
and enga,ernents, as from the Ist of January, 1864, in consi-
deration *)f the payment to the Thames Iron Works Company
of the sum of 1'275,000, of which the Shareholders in that
Company will take £150,000 in fully paid-up Shares, and
£125,000 in Debentures ot the new Company, bearing interest
at 5 per cent. per annum.
The property of the Company consists of twenty acres of
freehold land on the Essex side of the River I.ea, next Black-
wall, and the premises and branch works known as the
Phoenix Iron IVoiks, Millwall, together with the valuable
plant and works.
It is proposed to construct two graving docks capablr of re-
ce:ving ships ot the largest class, for which the accommoda-
tion on the River 'Thames is at p esent insufficient. Forth's
p• rpose it is intended to purchase eight acres of freelio d
and immediately adjoining the works, hiving a frontage both
to Bow Cteek and tce River Thames, which 1 nd is, at pre-
sent, in the occupation of the Company, with the option of
purchase.
The pronosad new graving doc'ts will be in the immediate
Vicinity of the 141 st and West India and Victoria Docks ; and
it is ,onfilently anticipated that from net* admirsble situa-
tion constant and ;remunerative employment for repairs,
bath of sliqaa and engines, wi 1 be found.
The exiting contracts of the Thames Iron Works Com-
pany, which will be transferred t the new Comp .ny, amount
to upward, of a mil.ion and a qua to sierling:indekeadently
Of the work in hand for the to ge and rolling mill,), and have
alt been taken on such terms as fair y to justify the anticipa-
tion of the same 1 rofitab e results which have already at-
tended tt,e pany's .operations.
All the Director., of the old Company will retain their in-
terest in the Lew Company, and their seats at its Board, and
the management wi 1 remain in the same experienced hands
which have hitherto conducted it so successfully, and raised
it to is present state cf ptospyrity. -

Applications for Share( to be it., ale in the annexed form.
In the event of no al'otment ( f Sh +re. being made, the de-
p;-it wilt be returned in full. Shut d a lei; number of
bhares Le allotted than are applied for, the depo it witi be
made avai able tow rds the payment on at.otment, and the
baomee, if any, returned to the app scant.
Prospec, use 4 ,nd form•; of app lea ion for Share; may be
obt lined at the Temporary Office( of the Company, IS, King-
stree•, Cheapilde ; and of the Bankers, Brokers, and So i-
cloy

TIIE THAMES IRON WORKS, SHIP-T,UILDING,
EN-
i.: AND DRY DOCK COMPANY (Limited).
FORM OF APPLICATION FOR SHARES.
To be ret %Joel by the Bankers.
Gent'emen,—Having paid to your B miters, Me srs. Pre-
colt, Grote, Cavo, ar.d Cave, the sum of £ , being a
depo,i• ov £3 per Sh ire on Shares in the above Com-
pany. I hereby reque t that you 'will allot me that number,
and I agree to accept such ehares, or any le4s number you
may allot to me; and I agree to pay !he deposit on allotm•nt,
ana to sign the A r is cs of A, oc iation of the Company when
require'; and I authorise you t) insert my name on the tie-
Bi ter of Members for .he number of Shares a lotted to me.
Usual signature
Name in full
Rest,ence
ofession
Date 1854

This day published, price 25., ornamental boards,
TRAPPERS OF ARKANSAS.
By GUSTAVE AIMARD.
London : Ward and Lock, 158, Fleet-street.