The Sun.
London, England, 1863-05-15 00:00:00

DIRECTORS.

Sir John C. DalrympleHty7l-3art., M.P., Chairman, 44, St.
James's-place, St. James's-square, S.W.
Thomas Bras Fey, Esq., 56, Lowndes-Fquare, W.
William Hope, Esq., 14, Park-lane, W.
John Horatio Lloyd, Esq.,l King's Bench-walk, Temple,
E.C.
Hon. Wm. Napier, 54, Green-street. Grosvenor. square, W.
John Foiliott Powell, Esq., 7, Albion-place, Hyde Park-
square, W.

_
13noxEn.s.
Messrs. Joshua Hutchinson and Son. 15, Angel court,
Thro,gmotton-street, E C.
BANKERS.
Messrs. Spooner, Attvt oods, and Co , 27, Gracechurch-
treet, E.C.
SOLICITORS.
Messrs. West and Hang, 3. Charlotte-place, Mansion-
house, E.C.
Offices-2, Old Palace-yard, Westminster, S W.

1. The object of this enterp Ise is to take advantage of the
impulse given to the Manufacture of Paper by the repeal of
the Excise Duties, under cirumstances peculiarly favourable,
the materials being obtained by a patent process in full ope-
ration, at prices very h ghly remunerative, as compared with
the cos' of similar products in the ol en market.

2. It is well knOwn that very large fortunes have been
realised in this trade, and the removal of a Tax which
amounted to £2O to £',s per cent. upon the value of first-class
News and Printing Papers, at a time when there is a con-
stantly incre s ing demand for the supply of Books, Periodi-
cals, Newspapers, and Writing Papers, ensures a large and
very remunerative business to a manufactory situated close
to the metropolis, erected on the most scientific plant., with
the greatest regard to economy of production by the saving
of labour and the introduc ion of machinery of the most per-
fect description.
3. Under the powers of the Limited Liability Act of 1862,
it is proposed to purchase at their actu I cost, the under-
takiJgs of the ltttrick Forest Paper Mill Company and the
Ulmate of Ammonia Company, and to carry them on under
the title of the Dartford Creek Paper 31111 Company.
4. rite works of the UlmAte nr Ammonia Company were
established to lea() on t' ,e Thames, at Grays, in Essex, for
the purpose of working Ward's Patents for obtaining paper-
making materials from rags of mixed fabrics, and a valuable
manure powder from the res due The patent process has
proved, mcchanlcully and commercially, completely success-
ful, and working by day only, the machinery produces 25 tons
of paper-making material per weak, and about the same
quantity of powder, containing.; about 15 per cent. of soluble
nitrogen, estimated as ammonia, closely approaching in rich-
ness to the best qualities of Peruvian guano.
5. In 1862, a large mill for ma :ufacturing into paper the
fibrous products of the w, rks at Grays, in mixture with other
materials, was erected on the Dartford Creek, by the well-
known engineering firm, Messrs. Easton, Amos, and Sons,
with every recognised practical improvement in construction
and machinery. Driven by steam power, abundantly supplied
with the purest water from an Artesian well, with coal and
materials by water carriage, and cheap transport for the
paper by rail to London, the power and economy of produc-
tion have proved highly advantageous as compared with
mills located, as the great majority still are, on country
streams, on which they are more or less dependent for mo-
tive power and for water for working purposes.
6. The present turn out of the Paper Mill is 16 tons of news
and print ng papeis per week made t 3 order, and the works
were built so as to admit of the doub ins of the production,
at an outlay very largely below the cost of the original under-
taking.
_ . .

7. The capital in actual cost and working
funds of the Ulmate of Ammonia Com-
pany,

The cost of the Paper Mill is
The estimated cost of the proposed exten-
sion, including increased cottage accom-
modation and contingencies 30,000 0 0

Total £117,000 0 0
Add for inCa ease of working cap tal

Total £135,1r0 0 0
8. To carry out the intended purchase, to double the scale
of the Paper Mill, to utilise to the fulle-t extent the produc-
tive power of the works at Grays, and toprovide the necessary
working funds, it is proposed to raise a capital of £150,000, in
shares of £lO each, of which £15,000 will remain uncalled as
a fund of credit, deemed highly desirable for the safe and
profitable working of a Limited Company.
9. After providing for every ontingency, the net profits
calculated upon the present working and receipts, as applied
to the enlarged production, viz., 32 to 36 tons of paper, and
25 to 30 tons or manure powder, per week, will be from £20,(00
to £25,000 per annum, according to the condition of the mar-
kets, giving a dividend of from 15 to 20 per cent., with pros-
pects of considerable increase upon favourable developments
of general trade, which it is well known is depressed by the
state of affairs in America, and other disturbinv. causes,
A very large share of the capital has already been sub-
scribed by the present owners of the properties.
Prospectuses and forms of application for shares may be
obta ned from the Bankers, Brokers, Solicitors, or at the
Offices of the Company.
Applications for shares must be made in the form annexed
to the prospectus, accompanied by the deposit of £1 per share.
If no allotment be made the deposit will be returned in full ;
and if a less number be allotted than is applied for, the sur-
plus will be used towards the payment on allotment.
FORM OF APPLICATION FOR SUARES.
To the Directors of the Dartford Creek Paper Mill Company
(Limited).
Gentlemen,—Eaving raid to your Bankers the sum of
£ , I request that you will allot to me shares of £lO
each in the Dartford creek Paper Mill Cpany (Limited).
These or any less number which may boe m
allotted to rne I
hereby agree to accept pursuatat to the Articles of Associa-
tion, and to pay he remainder of the deposit and the calls
thereon when required so to do, and I request you to place
my name on the Register of Shareholders for the shares so
allotted.

Name in full
Address
Profession
Data;
signature...
N.B.—This form, when filled up and signed, to be left with
the Bankers on payment of the del osit.

TEA.—MOORE BROTHERS respectfully inti-
mate that their New Prospectus is now ready. 1 hey
especially recommend their improved Family Tea, reduced
to 3s. 2d. ; Souchonr, reduced to 3e. ed. ; mixed Assam, re-
duced to 3e. Bd. ; and the finest Assam, reduced from Is. 4d.
to 3s. 11d. per lb.