The Sun.
London, England, 1863-01-14 00:00:00

THE BRITISH AND FOREIGN MARINE
INSURANCE COMPANY (Limited.)
Incorpor: tted under the Companies Act, 1852, Which specially
limits t lie liability of each Shareholder to the amount of
his Sha res.
Cal )ital, £1,000,000, in 50,000 Shares of £2O each. !
With power to increase to £2,0.0,000.
First Issue, 25C00 Shares. i
Deposit, t m Application, .£1 per, Share, and £1 on Allotment.
DIRECTOES.
ArehibaN I Boyd, Director of the Union Bank of
Londor t
Francis (3. Braun, of Blessig, Braun, and Co Liverpool.
Thomas ' Chilton, of Holderness and Chilton, Pre-
sident of the Chamber of Commerce
Francis Anderson glint, of Clint and Co., Chair-
man o f the Skipowners' A ssociation Liverpool.
Chas. B. Colejoesttr,
of Colchester and Woolner London.
Williami James rernie, of Fernie Brothers and
C 0....
Liverpool.
Arthur BOwer Forwood, of Leech, Harrison, and
Fo•moodLiverpool.
Pe'cer George Heyworth, of Hepworth, Pearce,
Liverpool.
and l3alman
Thomas Harrison, of Thomas Harrison and Co. Liverpool.
'Thomas Kendall, of Kendall Brothers Liverpool.
Edward Lawrence, of E. Lawrence and Co Liverpool.
Geor4.e Lyall, of Lyall, Still, and Co. London.
Andrew Malcomson, of J. and D. Malcomson
and Co Liverpool.
Robert Maxwell, of A. F. and B. Maxwell Liverpool.
George 1%1. Papsyanni, of Papayanni Brothers Liverpool.
John Park, of Williams, Park, and Co. ......... Liverpool. Chas. lc, Prioleau, of Fraser, Trenholm, and Co Liverpool.
John -Itavenscroft, of W. and J. Ravenscroct and
Co., Chairman of the North. and South Wales
Bank ...................... .
Ja-ntes Searight, of James Searit.,,ht and Co London.
Simnel Stitt, of StiL Brothers and C )
le Liverpool.
Thoma
ands Wilkinson Tetley, of Hollinshead, Tet-
y, Co. ................. .., Thomas Stenhouse, .Director of' th'e . Chartered Liverpool
Mercantile Bank of India, Sze,
Henry Trelf all Wilson, of H. 1' London.
. Wilson and Chambers ....... -

Liverpool.
SOLITORS.
Messrs. Fletcher and Hull, Liverpool.
Messrs. Flux and Argles, Mincing-lane, London.
:ixEns.
LorAdon—Messrs. Laurence, Son, and Pearce, Auction Mart,
E.C. 14verpool—Messrs Thomas Tin ey and Sons.
-"Messrs. G. and T. Irvine.
BANKERS,
The Union Bank of London, London.
The Union Bank of Liverpool, Liverpool.
TEMPORARY OFFICES OP 'THE COMPANY.
6, Cook-street, Liverpool.
39, Lothbury, London, E.C.
Notwithstanding that several new narine Insurance Com-
panies have been established within the last few years, it is
generally recognised that the means of effecting m mite in-
surances are not sufficient to meet the increasing expansion
of trade, insurers being now driven to effect their insurances
in remote towns in the provinces, in Ireland and Scotland,
and, on the Continents of Europe and America.
The actual pric,, of shares in the existing Marine Insur-
ance Companies demonstrate clearly that the business is
highly remunerative.
Of th new Companies one only has been established in
Liverpool, and it has already secured a very large and lucra-
tive business.
More than half the exports and imports of the kingdom
pass through the port of Liverpool, and there is no doubt,
therefore, that another Company having its Chief Offices in
London and Liverpool will meet with ample support.
tinder these circumstances the British and Foreign Marine
Insurance Company has been established.
The business of the Company will be c infined to the issu-
ing of policies on freight and goods only, and it is expressly
provided, as a fundamental element in the constitution of
this Company, that no insurance shall be effected on the ships
themselves.
The principle of limited liability, as applicable to insurance
companies, came into operation during the month of Novem-
ber List. The Directors, observing that in banking and other
important commercial enterprises limited liability has met
with universal favour, have adopted it as an unalterable
principle in the present undertaking.
The Directors, therefore, express the greatest confidence in
the success of this Company.
Such provision has been made by the Directors for the pre-
liminary expenses as will secure the Company against pay-
ing any promotion money.
A copy of the articles of association lies at the offices of
the Company for inspection.
The prospectus and forms of applications for shares may be
Obtained of the brokers of the ompany. Application for
shares to be addressed to the Directors ; but no application
Will be considered unless a payment has been made to the
bankers of the Company of el per share, on the number of
tient
shares applied for. This sum will be returned if no allot-
is made to the applicant.
FORM OF APPLICATION FOR SHARES.
(To be retained by the Bankers.)
To the Directors of the British and Foreign Marine Insur-
ance Company (Limited). Gentlemen,—Having paid to your bankers the sum of
being a deposit of £1 per share on shares
in
me the
that abonu ve Compy, I hereby request that you will allot
mand I agree to become a member of the Company in respect of such shares,
or in respect of any less
number you may allot me, and to execute the Articles of As-
sociation, when required ; and I request that my name may
lottebe placed don the Register of Members for the shares so al-
.

Name in full
Residence
Profession or Business
Date

THE BRITISH AND FOREIGN MARINE
INSU ft NCE C )3IPANY (Limited).
NOTICE IS HEREBY GIVEN, That no further APPLI-
CATIONS for SHARES in this undertaking will be received
after Three o'clock on MO DAY next, the 19th inst.
By Order of the Board.
39, Lothbury, London, E.C., and
6, Cook-street, Liverpool,
13th January, 1863.

THE BRITISH and AMERICAN EXCHANGE
BANKING CORPORATION (Limited).
Established under the Companies Act, 1862, with Limited
Capital, 41 Liability.
,000,000 sterling, in 20,000 Shares of 450 each.
First Issue 10,000 Shares.
It is 11,3 t intended to call up more than £?5 per Share.
Deposit; £1
With rower to the Shareholders to increase the Capital.
per Share on application, and £1 per Share on
allotment.
DIRECTORS.
Bank of London
A.rehibald Boyd, Esq Director of the Union
William James Ferule, Es q., of the firm of London.
Fernie Ti; others and co. James Gilchrist, Esq., of the firm of Gilchrist, Liverpool.
Watt, and Co., of Sydney, Director of the
London.
Union Bank of London
Rob‘ rt Gillespie, jun., Esq., of the firm of Gil-
lespies, Moffatt. and Co. London.
Ilenry George Gordon, Es q , Chairman of the
Oriental Bank orporation London.
H. Littledale, Esq., of the firm of T. and
I.ittledale and Co
...... Liverpool.
. •
William M. Neill, Esq., of the firm of Neill
Brothers and Co.
Thomas Rees, Esq„ of the firm of R. and T Manchester,
Woodward and Co
William Rennie Liverpool
Lubbock, and C, Esq., of the firm of Cavan,
Co
Samuel Stitt Esq., of the firm of Stitt Brothers London.
and C 0....:, Liverpool.

BANKERS.
London—The Union Bank of London.
Liver The
Bank of England.
Manceser—he Bank of England.
India and China—The Oriental Bank Corporation.
SOLICITORS,
London—Messrs. Cotterill and Sons.
Liverpool—Messrs. Fletcher and Hull.

London—She
eet BROKERS.
ppards, BROKERS.
and Allcard, 98, Threadneedle-
str—; .T. and J. Whitehead, 8, Moorgate-street.
ll
Liverpoolorsiall and Addison.

TEMPORARY OFFICES.
3, Newman's-court, Cornhill, London.
Middleton Buildings, Bumf ord-street, Liverpool.
The British and American Exchange Banking Corporation
Limited is formed for the purpose chiefly of dealin,! in Ex-
changes, a business which, excepting* with British' posses-
Slone, has hitherto been mainly in the hands of private firms;
and it is well known that with many countries such banking
facilities have not been afforded to merchants and others as
Thisastly extended commerce of the present day demands.
is particularly the case in the trade between England
and America, and it is ',rot osed that this Corporation shall
commenee its in New York operations by the establishment of an agency
The profitable nature of exchange business is well known,
especially that with the A
profit is at present merican States, and although the
ordinary years, there seaterg than can be calculated upon in
generally much larger margin than
is usually found remunerative by bankers. The purchase and
sale on commission of securities in New 'York and London,
the dealings in which amount annually to many millions
sterling, and the remittances of interest and dividends, will
afford other sources of profit.
The practice now become very general of attaching, bills of
lading to bills of exchange as collateral security, renders ex-
change operations more than usually safe, whilst the ship-
ment of gold involves scarcely any risk whatever.
The shipments of produce and specie from New York alone
foerlingr the past year have amounted to nearly forty millions
st, and the average of several years has not been
Much less. There is thus a very extended field for the ope-
rations of the Corporation, and the facilities which it will
afford, both in this country and America, must tend to pro-
mote, and still further to extend, the commercial and mone-
tary transactions between the two countries.
The same remarks are applicable to other places in which
the establishment of agencies is contemplated.
A large business is also anticipated betwixt America and
the ports in India and China, which will be carried out in co-
operation with the Oriental Bank Corporation.
The success of Joint-stock Banks dealing in Exchange is
evidenced by the present quotations of the shares of the un-
dermentioned companies ; and it is somewhat remarkable
that the joint-stock principle has not yet been adopted in the
American trade, though presenting a wider field for its profit
able operation than any otherpart of the world.
Paid-up Present Prices.
Bank of Australasia
40 .... (9 to
517
Union of Australia
New South Wales
20 .... 49 „51
London Chartered
25 .... 49 „ 51
of Australia
Oriental . ... .. . • 25 ..54,, 55
Agra and -United . S.e.rViC ........ : • 50 .::• 01 •, 96
Mercantile Bank of India,L .. don and
OttomChina ............ ' 25 ..•. 41 "63
an
!,0 .... 34 „ 35
Colonial
The Corporation will have offices both in London and
Liverpool.
The Corporation is formed under " The Companies' Act,
186 q, whereby the liability of the shareholders is strictly
limited to the amount of their respective shares.
No promotion money will be given for originating the un-
dertaking, and the preliminary expenses will be strictly con-
fined to such as areshinardeiss
Applications for pmeanysabbele.addressed in the annexed
form to the Directors, or to the Brokerosoafintehd uponeCor ppaopratuicaon:
and copies of the prospectus may be ht
tion to them, or t o the Solicitors,o or at the London and Liver-
Pool Offices of the Corporation.

FORM OF APPLICATION FOR SHARES.
No. To be retained by the Bankers.
To the Directors of the British aad American Exchange
£ Bankng (P
aid youron (Limited).
Gentlernen,—Having id t bankers the sum of
pa
shares being a depot of 41 per share on
in the above Corporation, I hereby request that you will
allot me that number, and I agree to become a member of the
number
in respect of such shares, or in respect of any less
when re
limber you may allot me, and to execute the articles of asso-
ciationquired; and I request that my name may be
placed on the register of members for the shares so allotted.
Name in full
Residence
Profession or business
Date

at
BTEOE I D 0 N
0 t
what N it? See Patent, March 1, 1862, . 560.
GABitl E L ' S Self-adhesive Patent Indestructible MINE-
RAL TEEI'II and FLEXIBLE GUMS, without palates,
sgringo, or ..-1-.
,and without operation. One set lasts a
lifetime, and
A RTICULATIWAItitAAED FOR MASTICATION and
- • Purest materials only, at half the usual
cost. _

Messrs. GABRIEL the old-established DrAttists,
27, HARLEY-STREET, CAVENDISH-SQUARE;
65, N
34, LUDGATE-HILL, LONDON;
EW-STREET, BIRMINGHAM; and
134, DUKE-STREET, LIVERPOOL.
INTERNATIONAL EXHIBITION, CLAss 17.
One visit only e
rgratisequired from ccuntry patients, Gabriel's
Practical Treatis.

Coll ultations free: