The Sun.
London, England, 1863-07-07 00:00:00

THE LONDON COCOA. - NUT FIBRE.
COMPANY (Limited).
Incorporated under th,, crmnanifs Act, 18`,2, Nvh.7reby the
Liability of every Shareholder is limited to the amount of
his shares.

Capital £20,000, in 20,00 Shares of £1 each.
Deposit 55. on application, and ss. on allotment. Calls not
to exceed ss. per share. No call to be made within three
months from the Incorporation of the Company, and sub-
sequent Calls at intervals of not lees than three months.

DIRECTORS.
r • 11• Hayward, Esq., 32, (it orge-street, Hanover •square.
Mayor B.mtord, Stith e r Ir, nd- street, Belgrave-square.
Frederick Ang,eraeln, Esq., 133, Sioane-street, and Carlton
Club.
Frank Cole, Esq., 76, Gower-street, Bedford-square.
T. Littl€wood, Esq , Broom Hall, Sheffield.
J. Stevens, Esq.. 68, Cornhill.
With power to add to their number.

TUNKERS.
The English and Irish Bank (Limited), 25, Poultry, E, C.

SOLICITOR.
Charles Parke, Esq , 37, Mcorgate-street, E.C.
AUDITOR.
Mr. S. T. Cooper, Public Accountant, 10, flasinghall-
street, E.C.
SECRETARY—Mr. C. ii. Baker.
MANAGER or WORKS—Mr. James Lane.
Temporary Works—Arthur-terrve, Holloway.
Offices —No. 1, Sun-court, Cornhill.
ABRIDGED PROSPECTUS.
_ This Comr,my is formed for the purpose of manufacturing,
Uoa)a-Nut F.bre Mats and Matting. under Letters Patent
granted to George Davies. dated the 24th April. 1862.
The principal feature of Davies's Invention consists in the
improved pile of the mat, and, owing to the mode of weaving,
great durability is given to the fabric at a reduced cost of
manufacture.
The superiority of articles manufactured by this process
over the present method will be well understond in the trade
When it is stated that matting of all descriptions, and car-
riage and door mats, ac., have a thick fibrous pile upon the
surface hitherto unattained.
if no allotment be made, the deposit will be returned in
full.
Specimens of the new and improved manufacture may be
seen at the offices of the Company, where applic along for
prospectuses and shares may be made.

THE LIFE ASSOCIATION OF ENGLAND
(Limited).
(Incorporated under " the Companies Act, 1862.")
40, Gracechurch-street, London.
Capital, Half-a-Million Sterling, in shares of £5 each.
First issue, 25,000 shares.
Deposit, is. per share on application, ss. on allotment, and
probably lee. not less than three months after, beyond
which no further Call is contemplated.
DIILECTORS.
General Boileau, F.R.S., F.B.A.S. (late Bengal Engineers).
George Buchanan, Esq. (G. Buchanan and Co., 25, Bucklers-
bu,
Georgery) Chambers, Esq. (Director, London and Hamburg
Exchange Bank).
Major Frederick Ditmas (late H.M. Madras Engineers),
Croydon.
Edward F. Elliot, Esq. (late Chief Magistrate of Madras), The
Mount, Harrow-on-the-Hill.
Patrick P. Gordon, Esq. (Chairman Eastern Bengal Tea Co.).
E. Bassett Keeling, Esq., M.R.I. Gray's-inn, W.C.
Francis Lascelles, Esq. (late Civil and Sessions Judge in
Nagherry House, St. John's-wood Park.
Lewis Munro, Esq. (late lI.M. Bengal Army), Cavendish
Club, W.
George Peacock, Esq. (Australian Merchant), 1, Lime-street-
square. London, E.C.
Charles G. Prowett, Esq. (Barrister at Law), 5, King's Bench-
walk, Temple.

CONSULTING REFEREE.
William Farr, Esq , M.D., D.C.L., F.R.S., General Register

Office, S'omerset'llouse.'
BANKERS.
England—The London and County Bank, Head Office and
Branches.
Scotland—The National Bank of Scotland, Head Office and
Branches.
Ireland The Provincial Bank of Ireland, Head Office and
Branches.
India—The Agra and United Service Bank. •

SOLICITORS.
Messrs. Wilkinson, Stevens, and Wilkinson, Nicholas lane,

Lombard-street.
MANAGER AND ACTUARY—W. J. Fred. Norfolk, Esq.
SECRETARY—M. J. Mac Cormack, Esq.

The Directors of the Life Association of England having
secured the influence of very valuableconnections throughout
the United Kingdom. in most of the Colonies of the British.
Empire, and several Continental countries, and having re-
ceived promises of subscriptions fora large number of shares,
will enter upon the business of Life Assurance on the 15th
July next, on which day a compete prospectus, detailing the
plan of the Company's operations, and containing tables of
rates, will be issued to the public.
Arrangements also have already been absolutely made by
'which a large business will be acquired by the Company at
once and further negotiations to the same end are far ad-
vanced.
The Directors will further carry out an entire reconstruc-
tion of the system of Life Assurance. on a plan devised by
their Consulting Referee, by which the Association's business
transactions will be rendered perfectly equitable in opera-
tion, and afford the best security, whilst the Association will
be placed in the best condition to fulfil its future engage-
ments. The plan in question will be well adapted to the
wants of the people, affording all the advantages of present
Life Offices, and some of those of a Bank. It will also ope-
rate at less risk, less expense, and lower premiums than
offices ordinarily constituted.
The Directors, therefore, confidently anticipate a very
handsome dividend from the first year of business opera-
tions.

The value of Insurance Shares as an Investment, evidenced
by the large premiums to which most of them have gradually
risen, and the handsome and increasing dividends and
bonuses which have been paid upon them, is a fact so well
ascertained and acknowledged as to need no comment.

Interest will be paid upon the capital at 5 per cent. per
annum, until a dividend of larger amount shall have accrued.
The liability of the shareholders is limitel to the amount
unpaid on their shares.
Local Boards in the principal Cities and Towns of the
'United Kingdom will be selected from the most influential
Shareholders.
Prospectuses and all other information may be obtained
from, and applications for the remaining shares, and for
Agencies, may be made to, the Secretary, at the Office of the
Company. or the Bankers, Solicitors, and Brokers before
mentioned.

THE LONDON and AFRICAN TRADING
COMPANY (Limited).
Capital £500,000, in 20,000 shares of £25 each.
First Issue, 4,00 shares.
Deposit on Application, £1 per Share. Payment on Allot-
ment, £1 per Share. No Call to exceed £s,.and an interval
of not less than three months between each Call.
Should less than two-thirds of the Shares be applied for, the
Deposit money will be immediately returned in full.
The Liability of the Shareholders is limited to the amount of
their Shares, the Company being registered under the
" Companies Act, 18f2,' with Limited Liability.
BOARD Or DIRECTORR.
VICTOR F. WEBER, Esq.. of Messrs Weber and Biddrilph,
IS, Philpot-lane, London, Chairman.
Do 4 vid hinery, Esq., African merchant, 155, Fenchnrch-street,
London.
William Vaughan Morgan, Esq, Messrs. Morgan Brothers,
Bow-lane, London.
J. Irving Pascoe, Esq., Beresford House, Hig,hbnry New
Park, London.
H. Seligmann, Esq., of Messrs. Seiigmann and Haarbleicher,
Manche ter.
C. Sevin, Esq., of Messrs. Sevin, Chinery, and Co., 155, Fen-
church-street, London, and Sfax (Tunis), and Badagry and
Lagos, West Africa.
Benjamin S. smith, Fsq., Messrs. Smith Brothers and Co.,
6, Crosby-square, London.
H. Southwood Smith, Esq., Little Stanhope-street, Mayfair,
London.

With power to add to their number.
BANKERs.—Messrs. Smith, Payne, and Smiths.
SOLlClTons.—Messrs. Howard, Dollman, and Lowther,l4
Fenehurch-street.
_

Sirocitintoxzns.,-London lliessra.Yenn and Crosthwaite,
3, Royal Exchange-buildings.
Temporary Offices—Colonial House, Fenchurch-street, City.
This Company is formed to carry on a trade with the na-
tives on the West Coast of Africa, by bartering Manchester,
Glasgow, Birminghitm, and other manufactured goods, for
Palm Oil, Cotton, Ivcry, Ground Nuts, and the various pro-
ducts of that great contintnt ; to throw open to the public
the benefit of that which has hitherto been a close and pro-
fitable trade to a few, and, by extending its operations into
the interior, to spread at the same time the beneficial influ-
ence of commerce and civilisation amongst its-dense and active
population.

It is well known that the African trade, particularly on
the great rivers, has hitherto been exclusive, and that la Ire
fortunes have been realised, wherever the required capital
was at command, by the simple system of Darter carried on
With the natives.

' • •• • ~....

Date ........................

At present Palm Oil forms the most important article of
trade with the whole coast of Africa. The production Is un-
limited, so much so, that wherever the civilised trader has
not penetrated, the nuts of vast regions of palm trees are left
to rot in the forest. The constant demand for Palm Oil in
all European markets is such that any quantity can be sold
on. its arrival in England.
The export of Palm Oil from the Bight. of Biafrahas proved
to be on the average about 40,000 tons a year, representing a
/able of about £1,600,1)00, and this large amount has been col-
lected by the natives within the small part of coast line from
Cape Formosa to the Cameroons, not more than aoout 300
miles: This trade is almost exc naively in the hands of a
few English merchants, and is susceptible of very consider-
able increase.

The Bight of Benin is next in importance in the export of
I'alm Oil.; according to an ofßisial report of the trade in 1857,
no less than 21,172 tons of Palm Oil, of near £850,000 value,
were exported from the factories of Palma, Benin, Lagos,
iiadaery, Porto Novo, and Whydah.
Cotton is generally known to be indigenous to every part
of the West Coast of Africa, but particularly so in the coun-
tries bordering the Bights of Benin and Biafra. In Yoruba
Cotton forms already one of the staple productions of the
country, and great quantities are brought regularly to mar-
ket ; it properly organised a larger supply than hitherto ob-
tained could be secured for exportation ; it is computed that
In this pro#ince alone. 8,000,0001 b. of Cotton are made up an-
nually into native cloths for home consumption. The import
of Cotton from Africa is steadily increasing.
Amongst the numerous products of Africa one article de-
serves special notice, which has lately been exported in ra-
pidly increasing quantities ,• this is the Palm Nut Kernel,
most of which has hitherto been thrown away by the natives
"Ater tie Palm Oil has been extracted from the fibrous pel-
licle that surrounds the nuts. The value of this kernel is
"ely considerable ; it yields about 30 per cent. oil, equal in
Irailetu eto ocoa-Nut Oil ; and although the natives in the dis-
rii.dor Lagos and Badagry now manufacture the Nut Oil in
e waY and with great loss, the exports of this article are
YerY limited.
In order to secure at once an immediate profitable trade, the co
I.aan.e °Many has succeeded in effecting an advantageous fir-
_ „
_merit with a firm which has for some years past carried
Illetr lucrative and increasing trade with Africa, by purchasing
business, including their factories, now in full operation
have undert
mi the
genrates,* and engaging their agents, supercargoes, and
ployed by them. The principals of this firm
of the buss • en to assist in the direction and management
Theness of the Company.
armettran!Pany. therefore, is enabled to commence business
no to t
consequent cry point, and free from the usual risk and loss
Particularead
tend as far a: exPerlmental trials ; it has, in fact, only to ex-
rationhic is
al, he whole western coast of Africa a.
APl:dilations for
in a Y established, and in successful °pe-
al, and very important locality.
to the Dit eitors at tneaZB
to the Bankers or Broker°:'
must be made in the form annexed,
pany, at the Temporary Offices, or
£1 per share. and accompanied by a deposit of

FORM OF APPLIZZ--
OR SUARES.
Limi
To the Directors of the Londo TA Ion; p
(tit)Atrican Trading Company
Gentlemen,—I hereby request that
Shares of L 25 each in the London and ou will allot me
Com-
pany (Limited), and I hereby agree t.,)African Trading
yll number that may be allotted tPt such Shares, or
rise you to place my name upon the itezis ° me. and I autho-
for the Shares so allotted. ter of Shareholders
I am, Gentlemen.
Name in full ...........
Residence
Profession or 8u5ine55..........

ORNAMENTS for the Drawing-room, Libra
and Dining-room, consisting of a new and ciemmt wort'r
ment ot VASES, Figures, Groups, Candlesticks, Obelisks bigstands, beautiful inlaid Tables, Paper weights, &c., in 'eau -
Alabas'er, Parian, Marble, Bronze, Derbyshire Soar In,
imported and manufactured by JAMES TENNANT, inn::
ralogist to her MaJesty, 149, Stand, W.C., Lonoon.
Mr. Tennant arranges elementary collections of SHELLS,
MINERALS, ROCKS, and FOSSILS, which will greatly
facilitate he interesting study of MINERALOGY, CON.
CHOLOGY, and GEOLOGY, at 2, 5,10, 20, 50, to 100 guineas
each.
PRACTICAL INSTRUCTION in GEOLOGY and min.
Riudoey is given by Mr. TEMITANT, st 1.49, Maud, W.O.