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

THE BRITISH AND FOREIGN MARINE
INSURANCE COSIPANY (Limited.)
Incorporated tinder the Companies Act 1502, which specially
limits the liability of each Shareholder to the amount of
his Shares.
Capital, £1,000,000, in 50,000 Shares of £2O each.
With power to increase to £2,0 0,0:0.
First , 25,000 Shares.
Deposit, on Application, Iss.£uel per Share, and £1 on Allotment.
DIRECTORS.
Archibald Boyd, Director of the Union Bank of
London
Francis C. Braun, of Blessig, Braun, and Co Liverpool.
Thomas Chilton, of Holderness and Chilton, Pre-
sident of the Chamber of Commerce
Francis Anderson Clint, of Clint and Co., Chair-
'man of the Shipowners' A asocialion Liverpool
"ms. B. Colchester, of Colchester and Woolner London.
William James Pernie, of Ferule Brothers and
C 0............................
Arthur Bower Forwood, of Leech, Harrison, and
l'orwood Liverpool.
Peter George Hepworth, of Hepworth, Pearce,
.l.
and Balnaan
Thomas Harrison, of Thomas Harrison and Co Liverpool.
Thomas Kendall, of Kendall Brothers Liverpool.
Rtlward Lawrence, of E. Lawrence and Co Liverpool.
GcorE.r.c lyall, of Lyall, Still, and Co London.
Andrew Makornson, of J. and D.. alcomson
and Co Liverpool.
Robert Maxwell, of A. P. and B. Maxwell Liverpool.
George M. Papayanni, of Panayanni Brothers Liverpool.
John Park, of Williams, Park, and Co . Liverpool.
Chas. IC. PI ioleau, of Fraser, Trenholm, and Co. Liverpool.
John Ravenscrof r, of W. and J. Ravenscroir and
Co., Chairman of the North and South Wales
Bank
James Searight, of James Searight and Co London.
Samuel Stitt. of Slit:- Brothers and C
Thomas Wilkinson Tetley, of Hollinsheaci, Tet-
ley, and Co.
Liverpool
Thomas Stenhonse, Director of the Chartered
Mercantile Bank of India. AT,
henry London.
enry Treltall Wilson, of H. T. Wilson and
Chambers ......................
SOLICITORS.
Messrs. Pletcher and Hull, Liverpool.
Messrs. Flux and Argies, Mincing-lane, London.
BROKERS.
London—Messrs. Laurence, Son, and Pearce, Auction Mart,
Liverpool—. Messrs, E.C.
Thomas Tin.ey and Sons.
Messrs. G. and T. Irvine.

....... ....... Liverpool.

BANKERS.
The Union Bank of London, London.
The Union Bank of Liverpool, Liverpool.
TEMPORARY OFFICES OF THE COMPANY.
6, Cook-street, Liverpool.
39, Lothbury, London, E.C.
Notwithstanding that several new Marine Insurance Com-
panies have been established within the last few years, it is
generally recognised that the means of effecting. marine in-
surances are net 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 price of shares in the existing Marine Insur-
ance Companies demonstrate clearly that the business Is
highly remunerative.
Of th new Companies one only Itas 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 i.iverpool, and there is no doubt,
therefore, that another Company having its Chief Offices in
London end Liverpool will meet with ample support.
I..nder these circumstances tne British and Foreign Marine
Insurance Company has beim established.
The business of the Company will be confined 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 1 The Directors, observing that in banking and other important commercial enterprises limited liability has met
tv 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 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
swill hares to be addressed to the Directors ; but no application
be considered unless a payment has been made to the
bankers of the Company of £1 per share, on the number 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-
ance Comr any (Limited).
Clentlemen,—Having paid to your bankers the sum of
, being a deposit of £1 per share on shares
In the above Company. I hereby request that you will allot
The that number, and 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-
be
soc
placed iation.
on wen reuird ; and I reuest that my nae may
the Rqegiseter of Membqers for the sharems so al-
lotted.

Name in full
Residence
Profession or Business
Date

THE BRITISH AND FOREIGN MARINE
mrsu it A NCE CI)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, Lotbbury London, E.C., and
e, Cook -street, Liverpool,
13th January, 1863.

TEE BRITISH and AMERICAN EXCHANGE
BANKING CORPORATION (Limited).
Established under the Companies Act, 1882, with Limited
Capital, £l,OOO Liability.
,000 sterling, in 20,000 Shares of £5O 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, £1 per Share on application, and £1 per Share on
allotment.
• ,
Archibald Bo DIRECTORS.
yd, Esq., Director of the Union
Bank of London
William James Pernie London.
, Esq., ot the firm of
Fernie Brothers and Co.
Watt, and Co., of 'Sydney, Director of the
Union Bank of London London.
Rob, rt 'tin Esq. of the firm of Gil-
J
London.
lespies, Moffatt. and Co.
Harry Gcorire Gordon, Esq., Chairman of the
Oriental Bank orporation London.
Harold Littledale, Esq., of the firm of T. and
i.Littledale and
William M. Neill, CoEsq., of the firm of Neill
Brothers and Co. .......................... Manchester.
Will Thomas Rees, Esq„ of the firm of R. and T.
Woodward and Co.
im Rennie, Esq., of the •firm of' Cavan,
Lubbock, end Co ............................ London.
S.arnuel Stitt, Eso., of the firm of Stitt Brothers
and Co. ........ Liverpool.
BANKEns.
London—The Union Bank of London.
Liver!), ol—The Bank of England.
Manchester—The Bank of England.
India and China—The Orientalßank Corporation.
SOLICITORS,
London—Messrs. Cot term and Sons.
Liverpool—Messrs. Fletcher and Hull.

London ---She , 13noxEns.
street ppards telly, and Alleard, Threadneedle-
Livei ; J. and J. Whitehead, 8,
orgate• street.
pool—liorsiall Mo and Addison.

TEMPORARY OFFICES.
R, NeWman's-court, Cornhill, London.
Middleton Buildings, Bumf ord-stree, Liverpool.
__The British and American Exchange Banking Corporation
-Litn.ted) is formed for the purpose chiefly of dealing in Ex-
anges, a business which, excepting, with British posses-
Mons, has hitherto been mainly in the hands of private firms;
and iris well known that with many countries such banking
facilities have not been afforded to merchants and others as
the vastly extended commerce of the present day demands.
and
-"him is particularly the case in the trade between England
America, and it is t,rovosel that this Corporation shall
commence its operations by the establishment of an agency
hi N, w York.
The profitable nature of exchange business is well known,
especially that with the American States, and although the
profit is at present greater than can be calculated upon in
ordinary years, there is generalTy a 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
Ford other sources of profit.
The practice now become very general of attaching bills of
lading
than to bills of exchange as collateral security, renders ex-
men t o oerations more than usually safe, whilst ge
f gold involves scarcely any risk whatever. the ship-
'The shipments of produce and specie from New York alone
tor the past year have amounted to nearly forty millions
sterling, and the average of several years has not been
Inuch less. There is thus a very extended field for the ope-
ations of the Corporation, and the facilities which it will
?not
nlford, both in this country and America, must tend to pro-
e, and still furt
tary transactions between the tw
__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-
deramentioned companies ; and it is somewhat remarkable
tht thejoint-stock principle has not yet been adopted in the
American trade, though presenting a wider field for its profit -
able operation than any other part of the world.
Paid-up Present Price?.
Bank of Australasia
to
New South Wales
90
25 .. 1
.40 .... (9 .
49 „ 51
. 49 ~ 571
Union of Australia .
London Chartered
of Australia
.... 27i
Oriental 20 261 „
Agra and United S .......... ▪ 50 .::. 9E "96
Mercantile Bank of India,London, and
OttomChina
an .................
Colonial
25 .... 41 „ 43
The Corporation will h offices both in London " 3
and
LiverpoolofficesThe Corporation is formed under " The Companies' Act,
1162," 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 arc indispensable.
Applications for shares may be addressed in the annexed
form to the Directors, or to the Brokers of' the Corrorati
and copies of the prospectus may be obtained upon appyca".' tion to them, or !o the Solicitors, or at the London and Liver-
-11,001 OffieeB of the Corporation.
No Ponm OF APPLICATION FOR SHARES.
.
To the Directors boef retlt:ednßedritbiyslith Exchange
aeuEdanAkmeresr.ican
Banking Corporation (Limited).
Gentlemen,—llsving paid to your bankers the stun of
a the
i being- a depo,it of Li per share on
sharesabove Corporation, I hereby request that you
twihilel
allot me that number, and I agree to become a memobearne
.es
.uinp.boerratyi2
minaryespect of such shares, or in respect t
allot me, and to execute the articles of arson
b eelaton when required ; and I request that my name may Flared on the register of members for the shares so allotted.

Name in futi
Residence
Profession or business
Date

TRE T3RITISH AND AMERICAN
EXCHANGE BANKING CORPORATION
,NOTT I (Limited).
'AT —" IS ITEREBY GIVEN, That no further A rpm-
(84,1,9N.5• for DAY), the SHAI7 1S will be received after TO-MORROW
' ulth inst.

By rder of the .
ROBERT SLATER, JBoardUN., Secretary pro tem.
6, xewman's-court, Cornhill, London, E.C.,
and Middleton-buildings, Liverpool,
14th January, 1583.

A"tpublished, Sixty-fourth Edition, by post two stamps,
GUIDE to the Cure of Nervousness, Depression
lc di,_ Of. Spirits. loss of Nervous Energy, Lassitude, and
5,_-,estion. With illustrated cu-proof of the author's
treatment. BY DR. MIT.W, 8, Eurtou-crescejat,
44Yistock-square, London, W.C.