The Sun.
London, England, 1863-10-09 00:00:00

Capital £2,000,000, or 20Scrip,000,000 florins.
To be dived 100.00 Certificates of Z2O 200
florhis each, u idponinto which £2 ois to be 'paid on'applicationor and
C 2 upon allotment, and a Call of £2 within one month after
allotment These Certificates to be
ashexcanged hereafter for
Ehares to bearer of .£2O or £5O each, arranged with the
Austrian Government, as hereinafter staled. In such ex-
change One Certificate will represent one £2O Share with £6
paid thereon, or Five Certificates will represent two £5O
Elmres with £3O paid thereon.
COUNCIL oP DIREcTs.
R.H. Prince Leo Sapieha, President oORf the Gallician Diet,
and Member of the Austrian Reichsrath.
Somerset A. Beaumont, Esq., M.P., London.
Baron Erggelet (llenikstein and Co.), Banker, Vienna.
G. G. Glyn, Esq., M.P., Banker, London.
Count Euzane linsky, Member of the Austrian Reichsrath.
Charles Klein, Esq., President of the Chamber of Commerce,
Vienna.
Alexander Schroder, Esq. (A. and C. Schroder), Trieste.
Baron Tinti, Member of the Austrian Reichsrath.
Wlnterstein, Esq., Member of the Austrian Reichsrath.
Count Edmond Zichy, Vienna (President of the Vindibona
and Anker Insurance Companies
Adalbert Zinner, Esq., Merchant, Vienna.

BANKERS AND FOREIGN CORRESPONDENTS,
Auzsburr.r—M. Paul Von Stetten.
Berlin—Messrs. Mendelssohn and Co.
Frankfort 0. M.—Messrs. Grunelius and Co.
Munich—Messrs. Robert De Froelich and CO.
Paris—Messrs. Mallet Freres and CO.
Trieste—Messrs. A and G. Schroder.
-RANKERS AND FINANCIAL AGENTS IN LONDON.
Messrs. Glyn, Mills, and Co., 67, Lombard-street, E.C.
SOLICITORS.
Messrs. Bircham, Dalrymple, Drake, and Ward, 45, Parl a
ment-street, Westminster, S.W.
BROKER.
George E. Seymour, Esq., 38, Throgmorton-street, E.C.
GENERAL MANAGER IN LONDON.
aGb 08
bta cuhr egne
Francis Breuer, Esq. (lately with Messrs. Fruhling and
Vienna-5, Guise. Office'— 1 London-10, Birchin-lane, Lombard-street, E.C,

PROSPECTUS
The Company ie. formed under a direct concession granted
by the Imperial Government, for the purpose of promoting
and extending, commercial and financial relations between
Austria and England. These relations are daily increasing
in importance under the influence of the ameliorated political
and fiscal system which has been definitively adopted by the
Austrian Administration and Legislature.
The Company will carry on the ordinary business of a Bank
of Deposit, Discount, and Exchange, and all operations con-
nected with Banking traneactions and Financial Agency. The
head office will be inVienna, with branches at Trieste,Prague,
Bruhn, and other towns in the Austrian empire in which it
May be found profitable from time to time to form establish-
runts.
In England, the interests of the Bank will be represented,
and the business conducted by the English members of the
Board, Messrs. Glyn, Mills, and Co. being the Financial
Agents and Bankers of the Company.
The Director point with sathfaction to their having se-
cured the services of Mr. Francis Breuer as th 1r London Ma-
nager. Mr. Breuer's experience of German Commercial and
Financial business—acquired during 25 years' service with
the firm of Messrs. Fruhling, and Goschen—pecu,iarly qualify
him for the efficient performance of the important duties to
Which he has been appointed.
The Concession has been obtained by the Directors, and
Made over by them to the Company, without consideration or
other charge than the preliminary expenses, which will be
limited to the disbursements made, and are of small amount.
The Company has not been brought forward until, by care-
ful negotiation, it has been ascertained that its formation is
desired by the Austrian Executive, and that, besides the grant
el a direct concession, the Imperial Government will be pre-
pared to open an account current with the head educe of the
.Bank, and to employ the branche4 of the institution in a va •
riety of ways, in facilitating the revenue collections and other
operations of the Government, not overlooking the import-
ance of the measures which are being constantly directed to
the complete re-establishment of the paper currency upon the
Soundest basis.
As some evidence of the satisfactory result of the negotia-
tions which have taken place the directors are authorised to
insert in this Prospectus the fol lowing extracts from a Minute
delivered to the Company by his Excellency M. Von Plener,
the Minister of Finance at Vienna, viz. :
" Referring to the fact that one of the principal objects of
the establishment of the proposed Anglo-Austrian Bank, is
to facilitate operations in Austrian Securities, and having
regard also to the desire of the Imperial Government to aid
as far as practicable in bringing about a closer union between
the financial and commercial interests of Austria and England
than at present exists, the Imperial Government intends (so
far as it should appear to itself compatible with the success
of their financial measures—and with any legal direction. 'which may te specially 'prescribed in reference to any parti-
cular operation) to give to the Bank the opportunity of under-
taking such financial operations - whether the issue of loans,
placing of bonds or otherwise ; as the Government may de-
sire to effect on the London market.
" The Government also intends to open an account-current
With the Bank."
There cannot be any question as to the profit able nature of
the field for the operations of a banking establishment in
Austria, conducted on Sound principles.
There are few recent changes of more importance and in-
terest than the remarkable advance which Austria has made
during the last few years under the Influence of its thoroughly
revised policy.
The harmony happily established between the Imperial
Government and the representatives of the different orders of
the State, as assembled in the Reichsrath, has removed most
of the impediments which formerly prevented Austria from
enjoying the benefits of its vast commercial and agricultural
resources. Supported by the free debates of the Parliament,
the Government has been enabled to enter with vigour upon
a fiscal policy founded upon tree-trade views ; and to apply,
in many directions, measures specially adapted to develope
the wealth and enterprise of the country. River steam navi-
gation has assumed large proportions. The extent of rail-
ways in operation has increased from 1,7e0 English miles in
1855 to nearly 4,000 in the present year; and the railway
system has been actually completed up to a point which
leaves few nf the leading districts of the empire unsupplied.
Still more important has been the marked increase in the ac-
tivity of private trade and in the magnitude of individual
enterprise ; and that this altered state of things is solid and
real, Is eufficiently attested by the great recovery of the Aus-
trian finances during the last two years. Under the measures
passed in 1062, the paper currency is in rapid process of re-
form—and since June o: that year, the Exchange on Lon-on
has improved from 140 to 110 in favour of Vienna The rise
in the price of Austrian Government Stock, slim the same
date, being equal, upon an average, to 22 per cent.
In the speech delivered by the Emperor, at the cpening of
the Reichsrath, in June last (1863), he was able to dwell pro-
minently on the improved aspect of affairs, and to state that
the finances of the empire have so rapidly improved during
the Parliamentary recess that the Government will not now
require the twelve millions of florins voted last year to cover
deticiences then anticipated.
Between 1851 and It6l the export and import trade of
Austria may be said to have doubled ; but even at its present
amount of. say, so millions sterling, it is stilt very far below
the capabilities of the 40 millions of Austrian subjects, who
inhabit provinces extending to an area of 240,000 square
miles, in the most fertile and diversified parts of Southern
Europe.
When it is proposed, therefore, to extend to Austria the
appliances of Banking, according to sound English rrinci-
pies, it is important to bear in mind that the new institution
is not carried to a field already full or offering few advan-
tages, but is applied precisely under those circumstances
in which the success of Banks has been most conspicuous—
viz., to a rich country, and an enterprising people entering
with every encouragement upon the development of their
skill and their resources.
In the statutes, as passed by the Imperial Government, the
capital is divided into Shares of £5O or 500 florins each ; but,
in consequence of representations made to the Directors, and in order to render the Shares of the Bank more readily nego-
tiable in the principal money-markets of the Continent, the
Government-has been solicited to authorise £2O as the de-
nomination of the Shares, and an assurance has been received
that such application will be granted.
To avoid dela in te establis of the Bank, it has
been decided to issue
the capital h
inment Scrip Certificates of £2O
each, exchangeable hereafter (at a date to be announced. and
when £6 has been paid thereon) into Shares to bear as above
stated.
Under the revised Austrian Commercial Code, the payment
of £6 per £2O Scrip Certificate, equal to 30 per cent, of the
capital, will enable the Bank to commence business at once,
with the advantage of limited liability, and without further
demands upon its shareholders.
A Copy of the Concession and Statutes will be deposited at
the office of the Sol citors to the Company, 46, Parliament-
street, W estminster.
The Applications made in London for Scrip Certificates
should be addressed to the Directors in England at the Offices
of the Company ; but no application will be considered, unless
accompanied by the receipt of Messrs. Glyn, Mills, and Co.
for the deposit of 42 plied for per Scrip Certificate on the number ap-
This deposit will be returned in the event of the application
not being acceded to ; and, it an allotment be made, it will be
applied towards the full deposit of £4 per Scrip Certificate.
Forms of Application maybe obtained and will be received
at the Offices of the Bank in Vienna ; and in London at the
Offices, 10, Birchin-lane, Lombard. street, RC.,
October, 1063.
•
FORM OF APPLICATION FOR SCRIP CERTIFICATES.
To the Directors in England of the Anglo-Austrian Bank.
Gentlemen,—Having paid to your credit, with Messrs.
Glyn, Mills, and Co., the sum of £ ,_I hereby request
in the that you will allot me Scrip Certificates of £2O each
Ang,lo-Austrian Bank, and I hereby agree to accept
n Scrip Certificates, or any smaller number that may be
allotted to me• upon the terms of the Prospectus, and to pay
the further deposit of £2 per Scrip Certificate upon the num-
ber allotted to me, at such time and in such manner as you
may aPPolat,
I am, Gentlemen,
Name in full
Address in full
Occupation
Date

THE SOUTHSEA PIER HOTEL COMPANY
(Limited).
Incorporated under the "Joint-stock Companies Acts, 1856
and 1857, and the "Companies Act, 1802," whereby the
"
liability of each Shareholder is strictly limited to the
amount subscribed.

Capital .C 60,000.

First Issue £30,000, in Shares of £5 each, with power to the
Directors to issue the remaining £30,001), in whole or in
part, when requisite; the Original Shareholders having a
preferential claim, pro rata, in the Shares so issued.
Deposit on application ss. per Share, and 15s. on allotment.
Calls not to exceed 20s. each, at intervals of not less than

three.months.
DIRECTORS.
J. W. MOORE MILLER, Esq., Gloucester House, Southsea,
Chairman.
ri- HAWES FOX, Esq., Queen's-gardens, Hyde-park, Lon-
don, Director of the Brighton, Uckfield, and Tonbridge
Rai way Company, Vice-Chairman.
Major Castle, J.P., Frome Lodge, Stapleton, Bristol.
Henry Crowdy Crowdy, Esq., Blunsdon, Highworth, Wilts,
Director of the Bristol City Hotel Company.
George Frederick Fox, Esq., Bristol, Director of the Inns of
Court Hotel Company.
Arthur P. Latty, Esq., Gloucester-gardens, Hyde-park,
London.
Richard Marvin, Esq., Grove-road, Southsea, Director of the
Landport and Southsea Tramway Company.
Joseph Owen, Esq., Australian merchant, London and Shef-
field, Director of the Chesterfield and Midland Coal Com-
EN"Y'
atrward Rent Parson, Esq., King's-terrace, Southsea, Direc-
. (?1 the Landport and Southsca Tr • mway Company.
cenMenbary, E• q., Gray's.inn, and 22, Horbury-cres-
wentorlatting-hi 1, London.
Anal Lascelles Scott, Esq., M.S.A., Consulting
W. F. R.L,Westbourne Park, London, W.
Director toefFitiii,e,,ns, EN., Cleveland Gardens, Hyde Park,
John Everard--;,' Metropolitan and Provincial Bank.
uPt'oll, Esq., Beech-grove-terrace, Leeds.
KER S.
Agra andndon. United Serviceß Bak (Limited), Cannon-street,
Lo
Msea.essrs. Grants, Gilman, and Long, Portsmouth, and South-

Messrs, Few and cO., SOLICITORS. 2, Ilenrietta -street, Covent-garden,
London.
S. S. Long, Esq., Southsea,
Ilanictr
Messrs. Froom
Offices— Brothers,jo, Change
Registered , a" alley, COrnhill.
'fir C. in •street, Bedford-row, London,
Applications for shares should be addtoressed to the Secre-
tary, or Brokers of the Company aa
the offices of the
Company, 6, John street, Bedier. rod
vv,
the buildings can be
the articles of association and plans of Vdon, 'W.C., where
seen. In the event of no allotment be
8 of application f
money will be returned in full. big. made the deposit-
Detailed prospectuses and form,
may be obtained at the Co pant s offices a.
above.or shares

SOUTHSEA PIER HOTEL c NAP NAP
(Limited).
NOTICE IS HEREBY GIVEN, That the (Aces of this
Company are REMOVED from 3, Verulam-build' Ci raVa.jan to 6, John-street, Bedford-row, Loudon,w.eg s,
By order of the Direetore,