The Sun.
London, England, 1863-06-20 00:00:00

SCINDE RAILWAY COMPANY.
Af an EXT RAORDINARY GENERAL MEETING
9_t the Proprietors, held at the London Tavern, on FRIDAY,
the 19th June, 18i3, for the purpose of authorising the Direc-
tors to raise additional ca
W. P. ANDREW, ltsq., in the Chair,
The following- resolutions were carried unanimously :
a. That the Directors be and are hereby authorised to raise
-"i,50,000 of additional capital, by the issue of 17,500 Shares of
420 each, for the comOetion of the Scinde Railway, and upon
which capital the Secretary of State for India in Council has
gUar.nteed 5 per cent. interest upon the usual terms.
2. That all the Scinde Railway Snares in respect of which
the whole sum of £2O shall hereafter be paid up, shall from
time to time be converted or consolidated into Scinde Rail-
Way Capital Stock.
3. That the Directors be and arc hereby authorised to raise
the sum of £150,000 for the purposes of the Scinde Railway
b
Y tne issue of Inconvertible Bonds or Debentures, payable
at the evpiration of five or beVCII years, and upon which the
Secretary of State for India in Council had guaranteed inte-
rest at the rate of 4i per cent. per annum.
4. That the Directors be and are hereby authorised to raise
the sum of £500,060 on account of the Punjaub Railway, by
the issue of Inconvertible Bonds or Debentures, payable in
live or seven years, and upon which sum the Secretary of State
for India in Council has guaranteed 44 per cent. interest.
5. That the cordial thanks of this meeting are due to W.
I'. Andrew, Esq., for his courteous conduct in the chair this
day,
W. P. ANDREW, Chairman,
Gresham Rouse, Old Broad-street,
London. 19th June, 1863.

THE EGYPTIAN COMMERCIAL AND
TRADING COMPANY (Limited).
To be Incorporated, with Limited Liability, under "The
Companies Act, 1862."
Capital £2,000,000, in 100,000 Shares of £2O each.
Payment on allotment £2 per Share.
The Capital has been subscribed, with the exception of 25,000
Shares, which have been reserved for issue to the public
the International Financial Society.
DIRECTORS.
President—lL H. Prince HALM PASHA, late Governorof
the Soudan.
John Cater, Esq., Director of the Bank of Egypt, London.
E. Dervieu, Esq. (E. Dervieu and CO.), Alexandria.
J. W. Larking, Esq., London.
R. Oppenheim, Esq. (Oppenheim, Nephew, and Co.), Alex-
andria.
H. Rose, Esq. (Briggs and Co.), Alexandria.
M. Ruyssenaers, Dutch Consul-General, Alexandria.
W. F. Scholfield, Esq., London (late A. and S. Henry and
Co., Manchester).
R. Sulzbach, Esq., Frankfort O.M.
Alexander Tod. Esq., London (Tod, Rathbone, and Co.,
Egypt ; and Stephen Kennard and Co., London).
MANAGER.
31. Sakakini, Esq. (Sakakini Brothers), Cairo.
AGENTS.
Messrs. Fruhling and Goschen, London.
M.M. Marcuard, Andre, and Co., Paris.
The Bank of Saxe Meiningen, Frankfort.
BANKERS.
Messrs. Glyn, Mills, and Co.
SOLICITORS.
Messrs. Bircham, Dalrymple. Drake, and Ward, 46,
Parliament-street, Westminster.
PROSPECTUS.
Encouraged by the desire of the Government Commercial and
Society have united to form this Company:—
The International Financial Society, London.
Messrs. Fruhling and Goschen, London.
mesprs. marcuard, Andre, and Cie., Paris.
Mr. W. F. Jaeger, Frankfort.
Mr. S. Sulzbacn, Frankfort.
Messrs. Oppenhetna, Nephew, and Cie., Alexandria.
Messrs. Dervieu and Cie., Alexandria.
The object of the Company is to devote special attention to
the development of Commerce with Upper Egypt, Nubia, the
Soudan, and adjoining countries, as well as the borders of the
Red Sea, and to establish trading relations with those dis-
Vista, the enormous resources of which—till now almost un-
developed—are so well known as to render it needless to
enter into a lengthened description.
The Company will buy or exchange the produce, which
consists of cotton, coffee, sugar, rice, tobacco, gums, oils,
ivory, seuna, beeswax, ostrich feathers, gold dust, silk, in-
digo, &e.
The Viceroy of Egypt has, by the grant of a liberal subsidy,
called into existence a Steam Navigation Company for the
Red Sea and the Nile: he is also about, with the view of as-
sisting the operations of this Company, to complete, at his
own expense, telegraphic communication between Alexandria
and all the principal stations which have been selected for
the operations of the Company, extending to Khartoum, the
farthest town of importance in the interior of Africa within
the limits of Egyptian territory, and to Taka on the frontiers
of Abyssinia.
By these means the difficulty of communication, hitherto
existing, will be removed, a' means of transport greatly
facilitated. It will be an object of this Company to encou-
rage all enterprises which will tend to provide means of
rapid transport, whether by steamers, railways, canals, or
by the organisation of caravans. It will also be an object of
the Company to encourage, by the advance of money to cul-
tivators, importation of seed, establishment of cotton bolus,
4m., the cuitivation of cotton in Upper Egypt, where there
exist immense tracts of land capable of producing it to al-
raost any extent. The population in those districts is nume-
rous and iudustrious.
It is a well-ascertained fact that, in Upper Egypt and the
Soudan, cultivators and traders can afford to borrow money
at 4 and 5 per cent. per month, and still amass considerable
Wealth.
The Company intend to establish agencies on both coasts
of the Red Sea. On the Arabian coast Dgeddah has been
selected as a principal place of commerce. On the coast of
Abyssinia agencies will also be established at Kossier, Sa-
Wakim, and Massawah.
The trading operations of the Company will extend from
Cairo up the Nile, as far as possible into the interior of Africa,
following the courses of the White and Blue Nile, whilst
communication will be carried on between the interior and
the Red Sea, and its east and west coasts.
It is intended to commence operations below Stout, ex-
tending gradually upwards, employing the capital, in the
lint instance, by making advances to cultivators in Upper
Egypt, operations with which the Alexandrian Directors are
Wel/ acquainted, and which, being highly lucrative, at once
insure a large interest on the capital employed.
The capital of the Company will be gradually called up as
its operations are extended.
Mr. Sakakini, who has for many years carried on, and is
thoroughly acquainted with, the trade of Upper Egypt and
its adjoining countries, has consented to act temporarily as
manager, in order to give the Company the advantage Of his
experience in the organisation of a sufficient and competent
staff.
The Articles of Association will provide for a defined and
limited participation by the Directors in the profits, after
payment of interest, on the capital called up, and the houses
who have founded the Company will be entitled to the privi-
lege of taking one-third of any turther issue of Shares, sub-
ject to which all new Shares will be distributed pro rata
amongst the existing Shareholders.
Applications for Shares must be made to the International
st Financial Society (Limited), at their Offices, 54, Old Broad-
No.C.
application will be received after Saturday, 20th June,
at 12 noon.
London, June, 1863.
FORM OF APPLICATION FOR SHARES.
To the Directors of the International Financial Society
(Limited).
Gentlemen,—I request you to allot me Shares of .£2O
any (Limited),
in the Egyptian Commercial and Trading Comp
and I hereby agree to become a member of that Company,
and to aCCept such Shares, or any less number that may be
allotted to me, and I request that my name may be placed
on the Register of Members in respect of the Shares allotted
to me.
I am, Gentlemen, your obedient servant,
ame in full
No. Address in full
Reference
Date ............

THE EGYPTIAN COMMERCIAL AND
TRADING COMPANY (Limited).
The Directors desire to engage the services of a GENERA L
MANAG F R,, competent to conduct the commercial business
of this Company in Egypt.
A thorough knowledge of commercial and tr
indispeading business,
and of the Italian and French languages, is nsable.
Applications, with references, to be addressed to the Di-
rectors of the Company, 54, old Broad-street, E.C.

A.D. 1720.
ROYAL EXCHANGE ASSURANCE
CORPORATION
(Established by Charter of his Majesty George the First)
FOR SEA, FIRE, LIFE, AND ANNUITIES.
Offices, Royal Exchange, London.
Branch Office, 29, Pall-mall.
OCTAVIUS WIGRAM, Esq., Governor.
GEORGE PEARRES BARCLAY, Esq., Sub-Governor.
Sir JOIIN HENRY PELLY, Bart., Deputy-Governor.
DIRECTORS.
Bainbridge, Esq. Wilmot Holland, Esq.
Fleury
Robert Barclay, Esq. Earl of Leven and Melville.
.john Garratt Cattley, Esq. Chas. Jno. Manning, Esq.
Mark Currie Close, Esq. Henry Nelson, Esq.
William Davidson, Esq. The Hon. Josceline W. Percy.
Thomas Dent, Esq. Charles Robinson, Esq.
Alexander Druce, Esq. Samuel Leo Schuster, -Esq.
Fredk. Jos. Edlmann, Esq. Eric Carrington Smith, Esq.
Riversdale W. Grenfell, Esq.' ' William Soltau. Esq.
llobt. Amadeus Heath, Esq. Joseph Somes, Esq., M.P.
Tetlow Hibbert, Esq.* William Wallace ,Esq'.
Jas. Stewart Hodgson, Esq. Chas. Baring Young,sq.
Medical Referee, SAMUEL SOLLY, Esq., F.R.S.
NOTICE.— file usual fifteen days allowed for payment of
FIRE PREMIUMS falling due at Midsummer will expire
on 9th July.
FIRE and LIFE ASSURANCES may be effected with this
Corporation on advantageous terms.
In the Life Department, assurances are granted with par-
ticipation in Profits, or, at lower Premiums, without such
participation.
The Reversionary Manus on British Policies has averaged
nearly 2 per cent. per annum on the sum assured.
Equivalent reductions have been made in the Premiums
Payable by persons who preferred that form of Bonus.
The divisions of Profit take place every Five years.
Any sum not exceeding £15,000 may be insured on one
Life.
This Corporation affords to the Assured—
Liberal participation in Profits—with exemption from
the liabilities of partnership.
A rate of Bonus equal to the average returns of Mutual
Societies—with the guarantee of a large invested Capital
Stock.
The advantages of modern practice—with the security
of an Office whose resources have been,A
tested by the ex-
perience of nearly a CENTURY AND HALF.
The Corporation have always allowed the Assured to serve
in the Militia, Yeomanry, or Volunteer Corps within the
United Kingdom, free of charge.
ROYAL EXCHANGE, LONDON.

ROBT. P. STEELE, Secretary.

GUARDIAN FIRE AND
MPANYLIFE ASSURANCE
,
No. 11, Lombard-street,'London, E.C.
Established 1821.
Subscribed Capital, Two Millions.
DIRECTORS.
Sir MINTO FARQUHAR, Bart., M.P., Chairman.
CHARLES WILLIAM CURTIS, Esq., Deputy Chairman.
I.Toh_n Lab_ouchere, Esq.
Henry Hulse Berens, Esq.,
Henry Bonham Carter, Esq. G. Shaw Lefevre, Esq.
Charles F. Devas, Esq. 'John Martin, Esq.
Francis Hart Dyke, Esq. IRowland Mitchell, Esq.
Sir Walter R. Farquhar, Bart. James Morris, Esq.
James Goodson, Esq. Henry NOTIRSII, Esq.
Thomson Hankey Esq., Mx i Henry R. Reynolds, ,
Esq Esq.
john G. Hubbard,' Esq., M.P. i Abraham J. Robarts.
Fredk. H. Janson, Esq. Henry Vigne, Esq.
AUDITORS.
Lewis Loyd. Esq. I Henry Sykes Thornton, Esq.
Cornelius Paine, jun., Esq. I Noel Whiting, Esq.
Es Actuary
'no T allemach, Esq., Secretary t S aml. Brown, q.,
&

LIFE DEP.A RTMENT.—UNDER TILE PROVISIONS 07 AN
ACT or PARLIAMENT, this Company now offers to new In-
EIGHTY PER CENT. of the Profits, at Quinquennial
Divisions, or a Low Rate of Premium without participation of
Profits.
Since the establishment of the Company in 1821, the
Amount of Pfofits allotted to the Assured has exceeded in
rash value £660,000, which represents equivalent Reversionary
Bonuses of £1,058,00.
After the Division of Profits at Christmas, 1859, the Life
Assurances in force, with existing Bonuses thereon,
amounted to upwards of £4,730,000. the Income from the Lite
Branch 07,000 per annum, and the Life Assurance Fund,
V
independent of the capital, exceeded £1,618,000.
LOCAL MILITIA and VOLUNTEER CORPS.—No
Extra Premium is required for service therein.
LOANS granted on Life Policies to the extent of their
values, Fif such value be not less than 1-50.
ASSIGNMENTS O POLICIES.—Written Notices of, re-
ceived and registered.
MEDICAL FEES paid by the Company, and no charge
or Policy StamPs•
FIE DEPARTMENT.—Insurances are e
surly R
dogription or property at moderato natl..ffected upon