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

THE LONDON COCOA - NUT FIBRE
COMPANY (Limited).
Incorporated under the Ccmpanics Act, 1862, whereby the
Liability of every Shareholder is limited to the amount of
his shares.

Capital £20,000, in 20,M0 Shares of £1 each.
Deposit ss. on application, and ss. on allotment. Calls not
to exceed ss. per share. No call tote made within three
months irom the Incornoration of the Company, and sub-
sequent Calls at intervals of not less than three months.

DIRECTORS.
F. M. Hayward, Esq., 32, (,t orge-street, Hanover•square.
Major %mtord, 6, Sutherland-street, Belgrave-square.
Frederick Angerstein, Esq., 133, Sioane-street, and Carlton
Club.
Frank Cole, Esq., 76, Gower-street, Bedford-square.
T. Littlewood, Esq , Broom Hall, Aeffield.
J. Stevens, Esq„ Cornhill.
With power to add to their number.
BANKERS.
The English and Irish Bank (Limited), 25, Poultry, E.C.

SOLICITOR.
Charles Parke, Esq., 37, Moorgate-street, E.C.
AUDITOR.
Mr. S. T. Cooper, Public Accountant, 10, Basinghall-
street, E.C.
SECRETARY—Mr. C. H. Baker.
MANAGER OF Wonßs—Mr. James Lane:r-
Temporary Works —Arthur -terrace, Holloway.
Offices - No. 1, Sun-court, CornhilL
ABRIDGED PROSPECTUS.
This Company is formed for the purpose of manufacturing
Cozoa-Nut P bre Mats and Matting, under Letters Patent
granted to George Davies, dated the 24th April. 1802.
The principal feature of Davies's Invention consists is 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 understo: d in the trade
when it is stated that matting of ll descript
pile upon the
ions, and car-
riage and door have a thick
mats, ft., fibrous
surface hitherto unattained.
If no allotment be made, the deposit will be returned in
lull.
Specimens of the new and improved manufacture may be
seen at the offices of the Company, where applications 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 Sterlinz, in shares of £5 each.
First issue, 25,000 shares.
Deposit, ss. per share on application, ss. on allotment, and
probably 108., not less than three months after, beyond
which no further Call is contemplated.

DIRECTORS.
General Boileau, F.R.S., F.R.A.S. (late Bengal Engineers).
George Buchanan, Esq. (G. Buchanan and Co., 25, Bucklers-
bury).
George Chambne, Esq. (Director, Londen 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. 8.A., Gray's-inn, W.C.
Francis Lascelhs, Esq. (late Civil and Sessions Judge in
Neilgherry House, St. John's-wood Park.
Lewis Munro, Esq. (late H.M. Bengal Army), Cavendish
Club, W.
George Peacock, Esq. (Australian Merchant), 1, Lime-street-
square, London, E.C.
Charles G. l'rowett, 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, Somerset House.

TIA.NKERS.
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, steN;I;;;;d:W---illiineon, Nicholas.lane,

Lombird-street.
MANAGER AND ACTUARY—W. J. Fred. Norfolk, Esq.
SECRETARY—M. J. MaoCormaek, Esq.

The Directors of the Life Association of England having
secured the influence of very valuable connections throughout
the United Kingdom. in most of the Colonies of the British
Empire, and several Continental countries, and having re-
ceived promises of subscriptions for a 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 Complny 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 ( f Life Assurance, on a plan devised by
their Consulting it eferee, 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 be•t condition to fulfil its future engage-
ments. The plan in question will be well adapted to the
wants of the people. affording all the aivantages 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 limited 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 thn remaining sharps, 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 225 each.
First Issue, 4,000 shares.
Deposit on Application, £1 per Share. Payment on Allot-
ment, £1 per Share. No Call to exceed £5, 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, 1862,' with Limited Liability.
BOARD OF DIRECTORS.
VICTOR F. WEBER, Esq.. of Messrs Weber and Biddulph,
18, Philpot-lane, London, Chanrman.
David' hinery, Esq., African merchant, 155, Fenchurch-street,
London.
William Vaughan Morgan, Esq, Messrs. Morgan Brothers,
Bow-lane, London.
J. Irving Pascoe, Esq., Beresford House, Highbury New
Park, London.
H. Seligmann, Esq., of Messrs. Seligmann and Haarbleicher,
MancheE 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.
BANlCERa.—Messrs. Smith, Payne, and Smiths.
SOLICITORS.—Messrs. Howard, Dollman, and Lowther, 14'
Fenchuroh-street.
STOCKDROBERS.—London : Messrs. Penn and Crosthwaite,
3, Royal Exchange-buildings.
Temporary Offices—Colonial Rouse, Fenchnrch-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, Birmingham, and other manufactured goods, for
Palm Oil, Cotton,'lvcry, Ground Nuts, and the various pro-
ducts of that great continent ' • 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 ge
fortunes have been realised, wherever the required capital
was at command, by the simple system of Darter carried on
with the natives.
At present Palm Oil firms 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.
I he export of Palm Oil from the Bight of Blafrahas proved
to be on the average about 40,000 tons a year, representing a
value of about £1,600,000, 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 spout 300
miles. This trade is almost exc risky, ly 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
Palm Oil ; according to an official 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,
liadaery, 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 Yorub-t
Cotton forms already one of the staple productions of the
country, and great quantities are brought regularly to mar-
ket • properly organised a larger supply than hitherto ob-
tained could be secured for exportation ; it is computed that
in this province alone. 8,000,0001 b. of Cotton are made up an-
nually into native cloths for home consumption. The import
of Cotton from Africa ij steadily increasing.
Amongst the numerous products of Africa one article de-
serves special notice, which has lately been exported in ra-
Pithy increasing quantities ; this is the Palm Nut Kernel,
most of which has hitherto been thrown away by the natives
after the Palm Oil has been extracted from the fibrous pel-
licle that surrounds the nuts. The value of this kernel is
Tell, considerable it yi. lds about 30 per cent. oil, equal in
value
a
to Cocoa-Nut Oil ; and although the natives in the dis-
trictof Lagoa and Badagry no s manufacture the Nut Oil in
verude way
ry limited.
and with great loss, the exports of this article are
a. In order to secure at once an immediate profitable trade.
Inc company has succeeded in effecting an advantageous ar-
rangemeat,with affirm which has for some years
?la lucrative and increasing trade wilh Africa, by purchasing
past carried
theircthbusiness, includin their factories, now in full operation
geue e coast, and engaging their agents, supercargoes, and
hove al staff employed by them. The principals" of this firm
of undertaken to assist in the' direction and management
izectsiness of the Company.
armed onPallY. therefore, is enabled to commence business
consequenlv_e!'y point, and free from the usual risk and loss
tend as tar ,`4l34._experimental trials ; it has, in fact, only to.ex-
business Which is to the whole western coast of Africa a
ration in a partiB
A Pplilations
of pares
already established, and in successful °pe-
ar and very important locality.
to the actorsmust be made in the form annexed,
to the Bankers or itr-onPany, at the Temporary
£1 per share. K era, and. accompanied by a deposit of
Offices, or

FORM OF
To the Directors of the LondoATION FOR SHARES.
outland African Trading Company
requesled).
Gentlemen,—l here+ y
Shares of .i 25 each in the LondontiVion will allot me
pany (Limited), and I hereby agree and African Trading Cora-
any smaller number that may be auottcnoPt such Shares, or
rise you to place my name upon the ~.ed to me, and I
for the the Shares so allotted. ''vgister of Shareholders
I am, Gentlemen,
Name in full ............
Residence ............. ........
Profession or Business ............... .....
Date ......................................
.... enrara •

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