The Sun.
London, England, 1865-10-25 00:00:00

14°NDON must have a SUPPER and MUSIC
~ _ROOR for Gentlemen. Remember, we wait for you at
' 4418' after the Covent-garden Opera and the Theatres.
.-____

TUE CREDIT FONCIER AND MOBILIER
lesne nf ,
.00 OF ENGLAND (Limited).
;m,OOO New Shares of £2O each, of which £5 per
beta arg
e will be called up by Instalments; no further Call
The Contemplated.
.1118,811 e will be made as follows :-50,000 Shares will be
ed to the present Shareholders, and 50,000 Shares will
e allotted th the general public.
The s When the above issue is completed,
sh übscribed area of £2O each Capital will consist of 200,000
lb.
Thhe raid-tiP Capital . 1,000,000
e Gene Reserve Fund 500,000
Dividend Reserve Fund lOO,OOO
The b. DIRECTORS.
41,.ight Hon. JAMES STUART WORTLEY, Governor.
EVICK, Esq., Merchant, King's Deputy-
jAirms-yard,
Governors.
ja,„til]B NUGENT DANIELL, Esq., wir4 Childs, Esq., London.
'lain Dent, sea., Esq., Chairman of the Thames and
Mere
Ale eY Marine Insurance Company.
tbnzander Dunbar, Esq., Old Broal-street, London.
Adolpher llis, Esq. Lloyd's.
millis'a Hakim, Esq., Cornhill. London.
Beyni Harrison, Esq. (Messrs. Young, Harrison, and
rn), Deputy-Chairman of the Thames and Mersey
itlene Insurance Company.
Charles" Stuart Lane, Esq., Old Broad-street, London.
Newbon, Esq.. London.
Joeillar,2wnall, Esq., J.P., Russell-square. London. _
mackrill Smith, Esq. (Messrs.l hiackrill Smith and
Old Broad-street London.
da.ward
arner, Esq., M.P., London.
Ai?'" VYhite, Esq. 31.1'. London. 'inert Grant, Esq.', M.P., Managing Director.
TheBANKERS.
/II Agra and Masterman's Bank (Limited).
e National Bank, London Dublin, and its Branches in
Ireland
dee, •
re. Smith, Payne and Smiths.
'l,le National Bank' of Scotland, Edinburgh, and its
Branches in Scotland.
SOLICITORS.
Messrs. Newbon, Evans, and Co., Nicholas-lane, E.C.

BROKERS. ktesAra. Laurence, Son, and Pearce, 7, _rnorton-street, E.C., London.
gessrs. Angel court, Throg-
esrs. Horsfall and Penny, Liverpool
Todd and Ashton,
Messrs. Shore and Kirk, Manchester.

SECRETARY.
Alfred Lowe, Esq.
OFFICES-17 and 18, Cornhill, B.C.

PROSPECTUS.
4,710 Marked success which has attended the operations of
'ue Credit Foncier and Mobilier of England (Limited) is
almost unexampled in the history of any commercial un- I
dertaking-
that, l'he results of its operations have been so satisfactory,
as will be seen by the half-yearlylrepotjust issued,
a dividend and bonus up to the 30th September, at the rate
of 40 per cent. per annum has been declared, being the
same dividend and bonus as was paid for the previous half-
Sear.
Besides these unprecedented results, the Company is in
the possession, up to 30th September, of a general reserve
fund of £200,000, of a dividend reserve fund of £lOO,OOO,
and has profits in hand up to the same period, after paying
the above-mentioned dividend and bonus of £50,80545. 9d., the paid-up capital being £500,000, making in all £850,805
4s. 9d., or above £8 10s. per Share.
The following is the business transacted by this Com-
pany :
This Company negotiates loans for colonial and foreign
Governments ;
Omer
„Co-operates in the financial arrangements of British and
railways ;
ether
Makes advances to Corporations, Town Councils, and
public bodies
Negotiates loans for public works ;
Assists in the introduction of industrial and commercial
Undertakings ;
Makes advances upon approved stocks, shares, bonds, &c.
Makes
temporary loans upon eligible freehold and ler;
bn° securities, and generally transacts such other i 1
or:gnecnast.as is smlable to the capitalist, whether as principal
bae greatly increased and still increasing amount of
l,n,""‘U.ess offered to this‘ Company, both by eminent private
of-3
companies, and corporations, ha. s decided the Court
101 t, 'rectors to make their second issue of Shares, b. y.al-
of the remaining capital of the Company, consisting
, 100, 000
new Shares, on which £5 per Share only is
'etended to be called up.
These 100 000 New Shares the Directors propose to issue
Fiftas follow
thB'ouvizsan"d—Shares will be issued to the Shareholders
eetnhis C°TnPany who stand registered on the books of the
perr•lly, to be allotted to them at a premium of £2 10s.
two sbhare, in the proportion of one new Share for every
„„... area now held ; and
on'ellitY.thousand Shares will be issued to the general public
Sha,:ll,(ll,ng such Shareholders as may wish to apply for
liekrs in addition to those they are entitled to as Share-
The to be allotted at a premium of £3 10s. per Share.
to ,e3Bkremiums to be received upon this issue will amount
stand-,000, which will be added to the £200,000 already
I. gat the credit of the general reserve fund, and will
fuadit_cr.ease that fund to 4500,000. The dividend reserve
tl4oo7oionog £lOO,OOO, the paid-up capital will then b
•
th 'low Shares will be paid up as follows, viz.:—
liekier°BBo.__issu_ed at £2los. per Share premium to the Share-
£l 0 • A
u Per Share on application, being on capital ac-
-110 0 count.
per Share on allotment,
210 0 account, 10s on premium account. .
£1 being on capital
per Share on 14 January, 1866, £1 102. being
210 0 en capital account, £1 on premium ac.count.
Per Share on Ist March, 1863, £1 10s. being on
capital account, £1 on premium account.
47 10 A
those
being £5 capital, £2 10s. premium.
thengen Shares issued at £3 10s. per Share premium to
Meut, general Public, the following will be the mode of pay-
-41 0 0 per Share on application ; being on capital ac-
-2 10 0 count.
Per Share on allotment; £1 being on capital
1 10 0 "ccount, £1 10s on premium account.
Per Share on Ist. January, 1866 ;. £1 10s. being
210 0 Or, capital count., £1 on premium a ccount.
Per Share on Ist March, 1866 ; £llos. being on
capital account, £1 on premium account.
'4B 10 0 bp,.
The —lug 45 capital, £3 10s. premium.
se 100,000 New Shares will participate in the next
ne7fMition of profits, pro rata with the existing Shares,
1,„-,r,kng to the amount of capital paid up thereon ; the
eiTenle option will be, however, reserved to the holders
the i 4 se Shares of paying upon any of them the whole of
6above instalments at any time previous to the date of
,u__ last instalment, viz., Ist March, 1866, on paying the
ti:llPany back interest from the date of such payment to
i'Both September last, at the rate of 20 per cent. per
i`Lnurn on the £5 on capital account; the Shares so paid
„mob() then entitled to the same amount of profits next
441-3 ear as is declared on the existing Shares.
, Interest at the rate of 20 per oent. per annum will be
cnarged on all instalments not punctually paid; and any
Instalment not duly paid will render the previous pay-
Monts liable to forfeiture.
, The Directors are aware that, in thus admitting the Pub-
'le to subscribe for Shares, at a price so much below their
real value, they are departing from the practice generally
adopted in an issue of New Shares, of offering the whole
of them to the Shareholders; but the Directors are so im-
pressed with the importance of increasing the area of
influence of this Company—influence second only in im-
Portance to capital to a Company like the Credit Foncier
and Mobilier of England—and have had such proofs, in the
result of the issue of Shares a year ago, of the sound policy
of-admitting the public to a participation in such issue,
that they feel confident of obtaining the approval of the
Shareholders in the course they have adopted.
The following calculation will guide investors in estimat-
-41, g the intrinsic value of the Shares, after the dividend and
plated uonus now declared are paid, and when the issue is com-
The Capital paid up will amount to £1,000.000 0 0
The General Reserve Fund 500,000 0 0
The Dividend Reserve Fund
,000 0 0
In hand, profits not divided lOO
50,805 4 9

£1,650,805 4 9

Equal to above £8 ss. per Share on the whole 200,000
Shares.
that the public, on subscribing £Blos. per Share (being
£5 Capital and £3 10s. premium), are being admitted part-
tiers in this Company by only paying 58. per Share pre-
sent as premium ; per Share being actually repre-
ed in value in the assets of the Company. Over and
above these advantages, there is the probable enhanced
Value which will attach to these Shares, in the same way
that the Shares issued to the public at £2 13s. 4d. premium
in September, 1864, after having received £1 per Share in
April last as dividend and bonus, are now worth £5 ss. per
Share premium, making together £6 ss. for what they paid
£2 13s. 4d. for, being in one year more than 140 per cent.
increase in value on the amount paid for premium.
The Directors feel that with a paid-up capital of
£1,000,000, a general reserve fund of £500,000, a dividend
reserve fund of £lOO,OOO, making a total of X 1,600,000,
they will be in a position to meet the exigencies of any
business that may be brought before them ; it is, however,
the intention of the Directors to increase, out of future
profits, the dividend reserve fund to £lOO,OOO, being in
'tee°, rdance with the plan announced in the last report, to
eve always in hand one year's minimum dividend at 20
nalr cent per annum, calculated on the amount of the capi-
' paid up for the time beinThe Directors further wishg.
to place on record their deli-
s,rate opinion and conviction that this Company is des-
the le in a very short period to take a foremost place among
leading monetary institutions of the country.
uA-PPlications for Shares may be made in the form an-
eis_led, and must be accompanied by the payment of £1 per
fora Should a less number be allotted than is applied
f -.1 the sum paid on account of such application will, so
oar as it will extend, be applied in payment of the sum due
4 allotment.
~c Prospectuses, Forms of Application for Shares, and
flalts of the Half-yearly Report, just published, may be
Broke 211 application to the Bankers, Solicitors, Stock
lirB, or of the Secretary, at the Offices of the Company,
~141 d 18, Cornhill, E.C.
,t,"-che lists of Application for Shares will be closed on
•,::-liotirsday, the 2d Nov., at Four o'clock, for London, and
Rpri.riciaY, the 3d Nov., at Twelve o'clock, for country
eati 'cations, before the expiration of which time all appli-
eonEidnlo nu, 80%113. made.
d1e8.65.

General Public.
Form C.
FORM OF APPLICATION FOR SHARES.
',To (To be retained by the Bankers.)
th
0 Directors of the Credit Foncier and llobilier o.
England (Limited).

~Gentlemen,
bei:7l3 paid to your Bankers* the sum of X ,
th g a aeposit of £1 per Share on New Shares in
, Credit Poncier and Mobilier of England (Limited), I
4Sfkereby to that you will allot me that number, and I
zto,e4e to accept such Shares, or any less number you may
b rae
takii _I on the terms of the t'rospectus, at £3 10s. pre-
tin Per Share, and I agree to pay the amount due on
to sineat, and the other instalments as they become due,
4 sign the Articles of Association if required, and I authe-
thse you to my name on the Register of Members for
e !lumber of Shares so allotted to me.
Usual Signature
Name in full
Residence
Profession
Date
1865
Insert Bankers' names.