The Sun.
London, England, 1865-03-07 00:00:00

This Company is established to assist generally in develop-
ing the resources of South Africa. As a basis of their opera-
tions, the Directors have provisionally agreed to purchase
certain valuable lands in the eastern province of the Cape
Colony and in the Orange River Free State. A portion of
these lands is under cultivation, but the greater part is re-
served for grazing purposes.
This Company is therefore introduced to the public not as
a medium for spe u ation. but as a solid basis of investment,
with dividends accruing upon the formation of the Company.
The colonies of South Africa are at present but slightly de-
veloped ; but such as have had capital expended en them ex-
hibit a career of solid prosperity, which is proved by—
First- The large dividends paid by the local banks.
Second—The increase in the amount, and the character of
the exports. The export of wool has risen, in the Cape
Colony alone, from eight millions of pounds in 1853, to thirty-
three millions of pounds in 1861 ; and Natal, after having
established an increasing export trade in sugar, is about to
add cotton, coffee, and other articles, to her profitable agri-
cultural productions.
Third—The increasing value of land, in consequence of the
extension of agriculture and the construction of roads, ports,
piers, and other works of publio utili y.
Fourth—The completion of rat roads and telegraphs con-
necting the principal ports with the interior, to be supple-
mented by others in the Eastern and Western Provinces of
the Cape of Good Hope and Natal, for wetich tenders have
already been called for.
A simple system of land registration exists in the South.
A rican Colonies and the Free States, under which convey-
ances and mortgages are effected with expedition, and at a
very moderate expense.
OBJECTS OF THE COMPANY.

The Company proposes to buy and lease farm lands; to
improve these lands oy irrigation and farming operations as
carried on in Australia and New Zealand ; to stock and farm
them, and to import both agricultural implements from
Europe and pure blood of all descriptions ot stock, for the
improvement of the flocks, and for sale to the farmers in the
colony.
The Company will, further, be open to make advances
against the produce of the country, consisting Gf wool, skins,
ostrich feathers, and other staples.
The ( (=patty also proposes to organise forthwith a regu'ar
system ot transport of merchandise from the ports to tile in-
land towns, from which sourc3 alone a con,ide able income
is anticipated.
1 he Company will take powers to negotiate loans required
for publiJ works in any of the South Arr can colonies.
The estates to be acquired by the Company have an excel-
lent supply of water; one estate alone, containing about
63,000 acres, has 5 miles of frontage along the Orange raver.
These will be improved, resold in smaller farms, and in the
meantime stocked with sheep, horses, horned cattle, and other
stock. The estates comprise not less than 246,000 acres. The
price of' these, with the buildings thereon, including all pre-
liminary expenses up to the allotment of shares, has been
based upon a computation of from 2s. 6d. to 12s. 6d. per acre
according to the locality ; £35,030 of the purchase money will
be paid in debentures, and the remainder (.£00,000) in cash
instalments extending over a pert -d of 18 months.
A minimum dividend of 7 p r cent. for the first year, and 10
Der cent. for the second and third years, is guaranteed by the
vendor up .n the paid-up capital. The Local Board is of
opinion that a much larger dividend may be expected alter
the second year.

The co-operation of five gentlemen, of high standing in the
East ern Province Colony, by whom this undertaking was sug-
gested, has been secured. they will form the Local Board.
The shareholders will incur no liability beyond the amount
of shares allotted to th m. Applications for shares must be
ma le upon the annexed form. Each applicant will be required
to pay the Bankers of the Company LI per share upon the
number of shares apt.lied for, and upon allotment to make a
further payment of £► per share on the shares allotted to him.
In the event of no allotment being made the deposits will
be returned in full. Shou d a less number of shares be allotted
than are applied for, the deposits will be made available
towards the payment on a lotmen:, and the balance, if any,
returned to the ap Hunt.
Prospectuses and Forms of Application for Shares may be
had ot the Brokers; of the Seretary, at the Temporary
Offices, St. Michael's House, Cornhill, E.C. ; and atthe Offices
of the Internati rnal Contract Company, Bs, Cannon-street
IV est, E.C. The Articles ot Asso3iatiou and the Agreement
with the Vendor may be inspected at the Solicitors', and at
the Tempo ary Offices of the Comp :ny.

THE SOUTH AFRICAN LAND AND FINANCE
COMP 4..1N1 Y (Limited).
FORA OF APPLICATION FOR SHARES.
(To be retained by the Bankers.)

No.
To the Directors of the South African Land and Finance
Company (Limited).

Gentlemen, Having paid to your Bankers the snm of
, being a deposit of 41 per share on shares in
the above Company, I hereby request that you will allot me
that number, and 1 agree to accept such shares, or any less
number you may allot me; and I agree to pay the deposit on
allotment, and to sign the Articles of Askociation of the
Company when rt-quired, and 1 authorise you to insert n y
name on the Register of Members for the number of shares
alLtted to me. _ _ .

Usual signature
Name in fu11....
Residence
Profession
Date.