The Sun.
London, England, 1863-01-16 00:00:00

THE RRITUM: AND FOREIGN MARINE
INSURANCE COMPANY (Limited.)
Incorporated under the Companies Act, 1862, wh'cli specially
Ilmits the liability of each Hiareliolder to the al,ount of
his Shares.
Capital, £1,000,000, in 50,f,r 0 Slnirts of £2O each.
With power to increase to £2,0 o,o', 0.
First Issue, 25,000 Shares.
Deposit, on Application, £1 per Share, and £1 on Allotment.
DIREC7
Archibald Boyd, nirector of the Union Bank of
London
Francis C. Braun, of Blessic", Braun, and Co Liverpool.
Thomas Chilton, of Holcierness and Chilton, Pre-
sident of the Chamber of Commerce
Francis Anderson Clint, of Glut and Co., Chair-
man of the Shipowners' Association
Chas.B. Co'cliester, of Colcht ter and Weolner London.
William James Fernie, of Fernic Brothers and
Co Liverpool.
Arthur Bower Forwood, of Leech, Harrison, and
Forwood Livers 001.
Peter George A eyworth, r, f II eyworth, Pearce,
and Batman
Thomas Harrison, of Thomas Harrison and Co Liverpool.
Thomas Kendall, of Kendall Brothels Liverpool.
Edward Lawrence, of E. Lawrence and Co Liverpool.
orse Lyrist, of l.yall, Still, and Cu London.
Andrew Alalcomson, of J. and D. 3! alcomson
and co Liverpool.
Robert Maxwell, of A. F. and It. Maxwell Liverpool.
George M. Pap,yanni, of Panayanni Brothers Liverpool.
John Park, of Williams, Park, and Co. Liverpool.
Chas. K. Prioleau, of Fraser, Trenholm, and Co. Liverpool
John Ravenscrof r, of W. and J. Ravenscroft and
Co., Chairman of the North and South Wales
8ank................... .
James Searight, of James Searing and Co London.
Samuel Stitt-. of Stitf. Brothers and C
Thomas Wilkinson Tetley,
of Hollinshead, Tet- Liverpool.
ley, and Co.
Liverpool.
Thomas Stenhouse, Director of the Chartered
Mercantile Bank of India, &c,
henry Trelfall Wilson, of 11. T. `Wilton and
Chambers
Liverpool.
SOLICITORS,
Messrs. Fletcher and Hull, Liverpool.
Messrs. Flux and Argles, Mincing-lane, London.
BROKERS.
London—Messrs. Laurence, Son, and Pearce, Auction Mart,
, E.C.
homes Tin ey and Sons.
Liverpool—Messrs
Messrs. G. and T. Irvine,
ANKERS.
The Union Bank of London, London.
The Union Bank of Liverpool, Liverpool.
TEMPORARY OFFICES OF THE COMPANY.
6, Cook-street, Liverpool.
• 30, Lotlibury, London, E.C.
Notwithstanding that several new Marine Insurance Com-
panies hive been established within the last few years, it is
generally recognised that the means of effecting marine 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 pries 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.
under these circumstances tne British and Foreign Marine
Insurance Company has bean established.
The business of the Company will be csnfined 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 hst. The Directors, observing that in banking and other
important commercial enterprises limited liability has met
th 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 C.impany.
Such provision has been made by the Directors for the pre-
liminary exp, nses as will secure the Comports, 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 forma of applications for shares may be
obtained of the brokers of the company. Application for
shares to he addressed to-the Directors ; but no application
:will be consid, red unless a payment has been made to the
bankers of the Company of £1 per share, on the nu iiber of
shares applied for. This sum will be returned if no allot-
ment 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-
£ Com' any (Limited).
entlemen,—Having paid to your bankers the sum of
in being a deposit of .£1 per share on shares
the at ore Company. I hereby request that you will allot
COle that number, and I agree to become a member of the
ompany in respect of such shares, or in respect of any leis
tuber you may allot me and to execute the Articles of As-
UOciation, when required;; and I request that my name may
e lot spaced on the Register of Members for the shares so al-
.

Name in full
Residence
Profession or Business ..
Date

THE BRITISH. AND FOREIGN MARINE
INSIJ it NCE C -MPANY (Limited).
NOTICE IS HEREBY GIVEN, That no further APPLI-
CATIONS for SHARES in this undertaking will be received
after Three o'clock on MONDAY next, the 19th inst.
By Order of the Board.
39, Lothbury, oudon, RC., and
e, Cooktre Let, Liverpool,
13th January, 1863.

THE BRITISH and AMERICAN EXCHANGE
BANKING CORPORATION (Limited).
Established under the Companies Act, 1862, with Limited
Liability.
Capital, £1,000,000 sterling, in 20,000 Shares of LSO each.
First issue 10,000 Shares.
It is not intended to call up more than £?5 per share.
With power to the Shareholders to increase the Capital.
Deposit, LI per Share on application, and .£1 per Share on
allotment.

DIRECTORS.
Archibald Boyd. Esq., Director of the Union Bank Londn London.
Virillimn ofJames Ferule, Es of the firm of
rernie Brothers and (o. q.,
John Gilchrist, EsLiverpool.
q., of the firm of Gilchrist,
Watt, and Co., of Sydney, Director of the
Union Bank oi'London
Po& rt Gillespie, jun., Esq., of the firm of Gil-
_lespies, Moffatt. and Co. London.
Harry Georpre Gordon, Esq , Chairman of the
_Oriental Bank orooration... London.
lois rold Littledale, Esq., of the firm of T. and
11. Littledale and
EsCo
'William M. Neill, q., of the firm of Neill Liverpool.
T hßrothers anCo. Manchester.
Woodward
Rees, Esq., of the firm of R. and T.
_Woodward and ('o
William Rennie, Esq., of the firm of Cavan, Liverpool
Lubbock, and Co
Samuel
and Co Stitt, Eel, of the firm of Stitt Brothers
London.
Liverpool.

BANKERS,

London—The Union Bank of London.
Llverprol—The Bark of England.
Manchester—The Bank of England.
India and China—The Orientalßank Corporation,
SOLICITORS.
London—Messrs. Cotter!ll and Sons.
Liverpool—Messrs. Fletcher and Hull.

London—ShePP BROKERS.
ards, Pei y,
and Albard, 98, Threadneedle-
., , street ;T. and J. Whitehead, 8, Moorgate. street.
"LverPool—lloisfall and Addison.

TEMPORARY FFICEs.
6, Newman's-court, Cornhioll, London.
Middleton Buildings, Bumf erd-street, Liverpool. .iN British and American Exchange Banking Corporation
is
,7,lin ted is formed for the purpose chiefly of dealing in ,x-
-vnauges, a business which, ex^epting with British posses-
!Pons, has hitherto been mainly in the hands ot private firma;
Ind i, is well known that with many countries such banking
lacilittea have not been afforded to merchants and others as
the vastly extended commerce of the present day demands.
This is particularly the case in the trade between England
and America, and it is r rm. used that this Corporation shall
commence its operations by the establishment of an agency
'll,__N. w York.
The profitable nature of exchange bn iness is well known,
espe,ially that with the American States, and although the
Profit is at present greater than can be calculated upon in
Ordinary years, there is general'y a much larger margin than
is usually found remunerative by bankers. The purchase and
51Qsale on commission of securities in New York and London,
dealings in which amount annually to many millions
otherd the remittances of interest and dividends, will
afford sources of profit.
i„.„9rhe practice now become veryy, general of attaching bills of
aVing to bills of exchange as collateral security, renders ex-
""age operations more than usually safe. whilst the ship_
forhof gold involves scarcely any risk whatever.
e shipments of produce and specie from New York alone
rerllthe past year have amounted to nearly forty urinous
ng, and the average of several years has not been
ratallch less. There is thus a very extended field for the ope-
ons of the Corporation, and the facilities which it will
Ilrord, both in this country and America, must tend to pro-
'lnte, 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
ist. establishment of agencies is contemplated. th, large business is also anticipated betwixt America and
„ • Ports in India and China, which will be carried out in co-
-Itration with the Oriental Bank Corporation.
ebt,,he success of Joint-stock Banks dealing in Exchange is
d.eneed by the present quotations of the shares of the un-
ii,nlentioned companies ; and it is somewhat remarkable
„cat lbejoint-stock principle has not yet been adopted in the
,rnerican trade, though presenting a wider field for its profit -
anle operation than any otherpart of the world.
Lank of Australasia Paid-up Present Prices.
40 .... f 9 to 71
."elvSouth Union" Wales of Austral', 2O .... 49 „51
-London Chartered of Australia
20 .... 26f „ 271
Oriental .. . . ..... . .. 2% . • 54 ~ 55
Agra and United tier•vie.e••• : . :::..•••,•,:: 60 ..
91 ~ 90
llereantile Bank of India,Lond •
nand. • • • •
OttChina. .................... .
Colooman
nial
The Corporation will have oMees both in London and
Liverpool.
i The Corporation is formed under " The Companies' Act,
V,42,1' whereby the liabilit3r of the shareholders is strictly
'united to the amount of their respective share%
dNo promotion money will be given for origina strictlye un.ertaking, and the preliminary expensee will be con- to such as are indispensable.
rnAPplications for shares may he
Brokersaddreossfedthien
Cthoerraonranetixoend.
:ill to the Directors or to the
..anyt
4i copies of the prOspectus may
',on to them, or to the Solicitors, or a
Pool OfEces of the Corporation. et
otblit ae
Londonned u oann da PPAlvkaer:
IsTO, FORM OP APPLICATIONy
TOR SHARES.
T be te Bankers.
14
the Directorso ofretaine the Britbishh and American Exchange
Banking Corporation (Limited).
Gentlemen,—llaving paid to your bankers the sum a
shares
in the being a deposit of £1 per share on,
allot above above Corporation, I hereby request that youotßt•hilel
Cop Inc that number, and I agree to become a membertofany
less
number in respect of such shares, or in respee
of a
so.
etatio er You may allot me, and to execute the articles E
144.„..,n when required ; and [ request that my name may
.be
-"1 cal the register of members for the shares so allotted.

Name in full
Residence
Profession or business
Date ,

1' 11,Y, BRITISH AND AMERICAN
—4>CRANGE BANKING CORPORATION
NOT (Limited),
;ATio '" RFREBY GIVEN, That no further APPLI-
tgo4B for HARESS will be received atter TO-MORROW
DAY), th inst.

By Order of the Board.
6, /sTe ROBERT SLATER, JUN., S ecre t ary pro tern.
wrnall'o-court, Cornhill, London, EX,
and Middleton-buildings, Liverpool,
....._ 11th January, 1863.

a'nfit
A Published, Sixty-fourth Edition, by post two stamps,
,-AGIPDP. to the Cure of Nervousness, Depression
,Pirits, loss of Nervous Energy, Lassitude, an,d
attee;" ''loll. With illustrated cases in proof of the author s
Test sful treatment. By DR. SMITH, 8, Burton-crescent,
ock-square, London, W.V.