The Sun.
London, England, 1863-07-22 00:00:00

NORTH BRITISH AND MERCANTILE
INSURANCE COMPANY.

Established 1809.
Incorporated by Royal Charter and Special Acts of
Parliament.
Accumulated and Invested Funds
Annual Revenue.. 422,401
FIRE DEPARTMENT.
InsuranTes granted both at Home and in Foreign Countries
on the most liberal terms.

LIFE DEPARTMENT.
Every facility 'offered to Insurers.
Ninety per Cent. of the Profits divided among the Insurers
on the participating principle.
The new Life business transacted in 1862 as follows :
Policies. Amount Insured. Premiums.
1,037 • £763,334 £23.641 0 0
Forms of Proposal and every information will be furnished
on application at the

OFFICES :
LONDON. ...58, Threadneedle-street.
4, New Bank Buildings, Lothbury,
„ West-end Office B, Waterloo-place, Pall-mall.

THE ORIENTAL HOTELS COMPANY
(Limited).
Incorporated under the Companies' Act, 1852, by which the
Liability of each Shareholder is strictly limited tothe amount
Of his Snares.
Capital £?50,000, in 25,000 Shares of £lO each.
(With power to increase to One Million Sterling.)
First Issue 12,500 Shares, whereof a portion will be reserved
for India.
Deposit £1 per Share on application, and Xi on allotment
Calls not to exceed £2 per Share, with an interval of not less
three months between each call.

S DIRECTORS.ir John Peter Grant, K.C.8., Chairman, late Lieutenan
Governor of Bengal.
Colonel Anderson, C. 8., Director of the Eastern Bengal Rail
way Company.•
George Constable, Esq., Firm of Henderson and Constable,
Cannon-street, E.C.
Sir Frederick Currie. Bart , Member of the Council of India.
Colonel French, Chairman of the Bombay and Baroda Rail-
way Company.
Colonel Holland, Director of the Agra and United Service
Bank.
John Stewart, Esq., Director of the Marine Insurance Com-
pa y.
n
John Robert Thomson, Esq., Chairman of the London and
South African Bank.
James Henry Young-, Esq., late of the Bengal Civil Service.
AUDITORS.
T. R. Walker, Esq., 21, lianover-square, and
A Shareholder, to be elected at the First General Meeting.
BANKERS IN LONDON.
The Agra and United Service Bank (Lirnit2d), 27, Cannon-
street, E.C.
The London and County flank, Hanover-square, W.
P.ANKERS IN INDIA. The Agra 'And United Service Bank (Limited).
SOLICITORS.
Messrs. U ptons, Johnson, and Upton, 20, Austin- lriars, E.C.
Francis l.lurnand, Es BROKER.
q., 78, Lombard-street, and 13 and 14,
County-ch Cornhill, E.C.
SECRETARY (pro tern.)
Temporary Offices :-36, Cannon-street, E.C., and 5, Parlia-
ment-street, Westminster.
The deficiency of Hotel accommodation in India, China,
and other places in the East to which Europeans now resort
in large and annually increasing' numbers, is a subject of
general complaint ; and it is evident that the development
of the means of transit by ocean and river steamers, and by
railways, which has been in rapid progress now for some
years, must imperfectly fulfil all i's important objects, so far
as European intercourse with the East is conoL rned, until
this want is adequately supplied.
In England, and on the uontinent of Europe, it is now an
ascertained fact that the joint-stock system may most suc-
cesafully be applied to the establishment of Hotels of the
first class. If this be so where good private Hotels before
existed in large numbers, there seems no reason to doubt
that an equal deg,ree of commercial success is attainable by
the applica!tion of capital, upon the same system, to the same
object, in countries where, though the demand is great and
increasing, it may almost be said that good private Hotels
do not exist.
In Calcutta a joint-stock company has lately purchased
and undertaken the management of' an Hotel, and theyrspects of the entererise, as a commercial speculation, ma be
inferred from the very high premium at which their shares
are quoted in the Calcutta market, see " Times" July 17, the
" Englihmans Weekly Mail" of June 8,1861 and " Allen's
Indian Mail," viz., £25 paid, present value, £42i ex div.,
equal to 70 per cent, premium, and the payment of a dividend
of 10 per cent. for the half-year ending, 30th April last, equal
to 20 per cent. per annum. Bombay offers a wide field for
the establishment of an Hotel of a firs, class character. The
early completion of vast lines of railway converging, in the
island of Bombay, and the more frequent steam communica-
tion between that pert and Europe which will soon tak,
Waco, must very much increase the demand for such aocom-
moqation. The same may be said of Madras.
tlt is under these circumstances that the Oriental Hotels
he,lPany (Limited) is established, in the confident belief that
application of European capital to India in this form will
not be less profitable than useful. It is proposed, in the first
instance, to supply the urgent requirements of Bombay and
Point de Galle. There are equally important places which
will naturally engage the early attention of the Company,
such for example as 3,ladras, Singapore, and Kurrachee ; not
to speak of many very important railway stations in the in-
whore,t India, where there are now no Hotels at all, and
e at a comparatively small outlay, there is a large field
for profitab e °per ations.
The largerclass of the Company's Hotels will afford all the
Conveniences of the best European Hotels, adapted to the
climate, and to the habits of those for whom they are in-
tended; whilst, in even the smallest class. the health and
comfort of the inmates will be carefully studied.
It is intended to constitute local committees of management
in each Presidency where Hotels may be established.
In the event of two-thirds of the first issue of shares not
being subscribed for, no allotment will take place, and the
tion.
deposits will be returned to the subscrib.rs, without deduc-
It is proposed to pay to shareholders 5 per cent. interest
upon the capital as paid up, until the first dividend is de-
c.
Prospectuses and forms of application for shares may be
tarponhad application to the Bankers, the Broker, or the Secre-
.

FORM OP APPLICATION FOR SHARES.
To be retained by the Bankers.
To
THE ORIENTAL IMPELS COMPANY (Limited).
' the Directors of the Oriental Hotels Company (Limited).
Gentlemen,—Having paid to the Bankers of the above-
'lamed Complny the sum of £ , I hereby request that
You will allot me shares in the said Company ; and I
a,g-ree to accept such shares, or any smaller number that may
,_,, a.llotted to me, and to become a Member of the Company,
and lotted
you to place my name on the Regist,r of
tallied in
agree to bet a of the shares to be allotted to me, and I
nbound by all the conditions and regulations
of the
undertake
compan wate Memorandum and Articles of Association of the
1862." Y, a manner provided by " The Companies Act,
cancel the allot enentand in
per share on the Pay the balance (if any) of the Deposit of £2
notice of anottn Shares allotted to me within ten days after
be forfeited to In--.
default thereof, I authorise you to
Le' and I agr..e that the Deposit paid shall
Dated this cnaPany.
day
, 1863.
Name in full
Firm (if any)
flusiness or Profes,ion
Resi
Placeden ce of Business
.. - -

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Library, 11RNAMENTS for the Drawing-room,
•-/ d Dining-room, consisting of a new and elegant agßao4'
tnent of VASES, Figures, Groups, Candlesticks,aoZeilinskist,ati:
Ink-
stands ueautiful inlaid Tables, Paper weights,
Alabas 'er, Parian, Marble, Bronze, Derbyshire Soar, r
Imported and manufactured by JAMES TENNANT, miec:
ralop,ist to her Majesty, 149. Stand. W.C., Lonaon.
Mr. Tennant arranges elementary collections of SHELLS,
MINERALS, ROCKS, and FOSSILS, which will greatly
facilitate he interesting study of MINERALOGY, Coi,_
CHOLOGY, And GEOLOGY, at 2,5, 10, 20, 50, to 100 g,mheas
each.

PRACTICAL INSTRUCTION in GEOLOGY and MINE.
RALOCTY is given by Mr, TENNANT, at 149, Strand, W.C.