The Sun.
London, England, 1863-05-19 00:00:00

London, May, 1 The foundation of institutions on the Continent whichcom-
bine large capital and credit for financial and industrial en-
terprise has now become an established fact, and in mans cases their success has been remarkable. Such institutions
May be abused, and become mere instruments of speculation ;
but when prudently conducted and directed towards legiti-
mate tusiness it cannot be denied that they meet (tie of the
r.-al wants of the age,
England has hitherto not participated in this movement,
and the oonsequence is, that Paris has to a c,msiderable ex-
tent superseded London as the centre of financial enterprise.
London, nevertheless, affords by far the best sphere for a
well managed undertaking of this description. It is the
greatest money market of the world ; the point to which all
foreign nations resort to raise capital ; the place where large
Contracts can be made and loans negotiated. There is clearly
to other money market where concentr ted capital and credit
Ought to command a more se •ure or a larger profit.
England also. in her Colonies, and above all in her vast In-
dian Empire, affords a field for legitimate enterprise, which
is unequalled by any other c untry. India, with a populltion
Of 180,000 mo, rapidly advancing in wealth and prosperity, re-
quires nothing more to accelerate its development than the
direction towards its territory of some portion uf that vast
annual accumulation of Friodish capital which seeks invest-
ment at a low rate of interest. To ally the demand of India
for capital at 10 or 12 per cent. with the English demand for
Investment at 4 or 5 per cent., of itself affords an ample
sphere tbr operations.
It is to meet these requisites that some gentlemen experi-
enced 'n financial and mercantile operations have associated
thsmsalves together in order to form an English company,
in alliance wi'h the following leading I asking houses and
capitalists of France, who are about to form a similar com-
pany in Paris, under the title of "Societe Oiler tle p ur
favoriser le developpment de l'industrie et du commerce de la
Frane,,,, the application for a concession being made by—
M. Archdeacon, Ancien Agent de Change.
M. isartholony. President de la Cie. du Chemin de Fer de
Paris h Orleans.
Ma. Bischoffsheim, Goldschmidt, and Cie., Panquiers
Paris.
MM. Edwd. Blount and Cie., Banquiers a Paris.
M. Callen D'Anvers, Banquier it Paris.
M. Davillier (llenri),President de la Chambre de Commerce
de Paris.
M. Deniers, President du Tribunal de Commerce de Paris.
M. Fere, Censeur de la Banque de France.
MM. Hentsch, Lutscher, and Cie , Banquiers a Paris.
M. Leroux (Alfred), Depute au Corps Le.islatif.
M. Lucy Sedlllot, Auden President du Tribunal de Com-
merce ite la Seine.
2451', Mirabaud, Paccard, and Cie , Banquiers it Paris.
Perier (Jh.), Regent de la Banque de France.
M. Pinard, du ('omptoir d'Escompte de Paris.
M. Schneider, Vice- President du Corps Legislatif.
M. Simons, President de la Cie. des Chemins de Fer de
l'Ouest.
M. P. Talabot, Directeur des Chemins de Fer de Paris it
Lyon, et ti la Mediterranee.
A treaty has been signed with this party by which they
Subscribe for 20,000 shares in this Company's present issue,
and the same number in case of a second issue, the Company
subscribing f or 20,000 of their shares, and arrangements being
Made by which the two Companies act as each other's agents,
and have the option of participating to a certain extent in
each others operations.
The business will be to negotiate L'oans and Concessions,
assist industrial enterprises, Public Works and Railway un-
dertakings ; negotiate Foreign, Indian, and Colonial Bonds ;
conduct Mercantile transactions ; and establish agencies for
large commission business ; in a word, to undertake all such
operations as an intelligent and experienced Cap tenet might
effect on hie own account with a capital of millions, with the
exception of such purely speculative transactions as are pro-
hibited by the Memorandum of Association.
The credit and resources derived from a large subs cribed capi-
tal could thss be employed in earning dividend with a com-
paratively small paid-up capitaL It is probable that not more
than 40 or 50 per cent would ever be called up on any shares,
a further issue being made whenever the increase of business
required it. No call will exceed £2 per share, or be made at
intervals of less than two months.
Instead of fixed salary, the Directors will receive no relian-
t:aeration until the Seat eholdcrs have a dividend of 5 per
cent. or upwards, and will then be paid by an allowance of
10 per cent. on the divisible profits of the year; and their
interests are further identified with the success of the Com-
pany by clauses in the Articles of Association, and by giv ng
them the privilege of taking a fifth of any further issue of
shares. Subjeet to this, and to the subscription of 20X0
shares in each New Series by the French party, alt new
shares will be distributed pro rata among existing Share-
holders.
20,0 0 shares have been subscribed as above stated by the
French party, and the remaining 105,(00 by private subscrip-
tion ; but arrangements have been made for deducting from
these subscriptions, so as to give the public the option of
eubscribin, for 35,000 shares.
Copies of the Memorandum and Articles of Association lie
for inspection at the office of the Solicitors, Messrs. Baxter,
Rose. Norton, and Co., 6, Vietoria-street, Westminster; and
at the Tem; orary Offices of the Company.
Applications for shares may be made to the Directors, (2,
Ring' William-street, City ; to Messrs. J. Hutchinson and
Son, 15, Ansel -court ; cr to Messrs. Laurence, Son, and Pearce,
Auction Mart, Bartholomew-lan-.
THE GENERAL CREDIT AND FINANCE COMPANY
OF LONDON (LIMITED).
FORM OF APPLICATION FOR SHARES.
To the Directors of the General Credit and Faiance Compas y
of Lond n (Limited).
Gentlemen,—l request you to allot me Shares in the
General Credit and Finance Company of London (Limited);
and I hereby agree to become a member of the Company, to
accept such Shares, or any less number that may be allotted
to me, and to pay the £2 per Share en allotment ; and I re-
quest you to place my name on the Register of Members in
respect of the shares allotted to me.
I am, Gentlemen, your obedient servant,
Name in full
Address in full
Reference
Date

THE DARTFORD CREEK PAPER-MILL
COMPANY (Vmited).
Capital £150,000, in 15,000 shares of £lO each, of which 49 per
share will be called tip.
Deposit Al on Application, and £2 on Allotment.
Calls not to exceed £3, at intervals of not less than three
months.
To be Registered under the Companies Act, f 862, whereby
each subscriber's liability is strictly limited to the amount of
his subscriptions.

DIRECTORS.
Sir John C. Dalrymple Hay, Bart., M.P., Chairman, 44, St.
James's-place, St. James's-square, S.W.
Thomas Brassey, Esq., 56, Lowndes-square, W.
William Hope, Esq., 14, Park-lane, W.
John Horatio Lloyd, Esq., 1, King's Bench-walk, Temple,
E.C.
Hon. Wm. Napier, 54, Green-street. Grosvenor-square, W.
John PoMott Powell, Esq., 7, Alblon-place, Hyde Park-
. square, W.

BORS.
Messrs. Joshua Hutchinson and Son, 15, Angel.court,
Throgmorton- street, E. C.
BARBRS.
Messrs. Spooner, Attwoods,E and Co, 27, Gracechurch-
street, E.C.
SOLTCIToRS.
Messrs. West and Ring, 3, Charlotte-place, Mansion-
house, E.C.
Officea-2, Old Palace-yard, Westminster, S W.
ABRIDGED
im PROSPECTUS.
The object of this enterp• Ise is tO take advantage of the
pulse given to the Manufacture of Paper by the repeal of
the Excise Duties, nn der circumstances peculiarly favourable,
the materials being obtained by a patent process in fuedlljo &-
ration, at prices very h ghly remunerati
the cost of similar products in the open vmeitrt compared
It is well known that very large fortun
Taxhave be
realised in this trade, and the removal of es
whichen
amounted to £2O to £95 per cent. upon the value of first-class
News and Printing Papers, at a time when there is a con-
stantly inoret,ing demand for the supply of gooks, 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 scientiflo plans, with
the greatest regard to economy machineryn by the saving
of labour and the introduo ion of of the most per-
fect description.
Under the powers of the Limited Liability Act of 1862,
it is proposed to purchase at their actual cost, the under-
takiags of the littrick Forest Paper Mill Company and the
Ulmate of Ammonia Company, and to carry them on under
the title of the Dartford Creek Paper Mill Company.
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 to provide 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.
After providing for every ,ontingency, the net profits
calculated upon the present working and receipts, as applied
to the enlarged production, viz., 32 to 38 tons of paper, and
25 to 30 tons of manure powder, per week, will be from £20,r00
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 di<turbing 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
obtained 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 £ I per share.
If no allotment be made the deposit will be returned in full
and it a less number be allotted than is applied for, the sur-
plus Will be used towards the payment on allotment.
FORM OF APPLICATION FOR SHARES.
To the Directors of the Dartford Creek Paper Mill Company
£ Gentlemen—
Having. paid
to
(Limited).
Bankers the sum of
I request that you will allot to me shares of £lO
each in the
These or a Dartford Creek Paper Mill Company (Limited).
I
hereby a
„ 11Y less number which may be allotted to me
tion, aceg to accept pursua,,t to the Articles of Associa-
thereon whenParY the remainder of the deposit and the calls
my name
on the so to do, and I request you to place
allotted, eAster of Shareholders for the shares so

Name in full
Address
Profession
Dat,
hignature ..... .
the Bankers on payment
...
N.B.—This form, When
of the d and signed, to be left with
he deposit.

THE DARTFORD CREEK PAPER-MILL
COMPANY (Limited).
The
for Shares wilirectors Give Notißce,
for That the List of Applications
l be CLOS D
the Country on the 25th inst. London on the 23d, and for

LUXURIANT WHISKERS, Moustaches, and
E7ebrows produced in a few weeks by the use of
ELLIO rrs TONIC LOTION, the stimulative properties
of which are unfailing in their operation. Thomas Elliott
invites a trial from the most sceptical, that they may be con-
vinced of its infallible power. Price 3s. 6d., is. 6d, 10s. 6d.,
and 218. Forwarded on receipt of postage scam s._ Elliott 1,
i ' -atrgrOwer (Cult floor), N, Fenchurch-street. T. E.'l3
W-gB, 12.1 100.