The Sun.
London, England, 1865-01-12 00:00:00

VTO PERSONS SEEKING LANDED
tL, ESTATES, TOWN AND COUNTRY RE 3IDENCES.
PROPS OLD
GENE EEIO AND LEASEHOLD INVEST3IENTS, AND
VIES
D° BE RAD GRATIS, at the principal Railway Bookstalls
Noughout the kingdom, or at the Auction and Estate Offices,
t,;67, Chancery-lane, London, Messrs. E. and H. Lumley's
of REE PROPERTY REGISTER," containing swirled selection
landed and house properties now in the market, from
the nobleman's mansion, with its manorial domain, to the
cottage with its few acres.
OWNERS OPPROPERTIES wishing to Sell or Let can em-
Kace the oppot unity that the medium of this Register
~,,FOrds, by sending the particulars of their properties to the
..sts.te rirs
--“es, 67, Chancery-lane, London, as the Messrs.
Iwo),
u most cases introduce Immediate customers
Where the property is of an eligible character, thereby avoid-
'a the -d.isadvantages of delay and its attendant incon-
Penienees
TriEa
B Is No CHARGE incurred, unless a tenant or pur-
chaser is introduced through Messrs. Lumley's Agency,
4" then onlythe usual moderate commission.
Auction and Land Offices, 67. Chancery-lane, London.
T"E NOWGONG TEA COMPANY of
ASSAM (Limited).
To be incorporated under the Joint-Stock Companies Act of
1882. Capital, £250,000, in 25,000 Shares of £lO each. First
Ernie 18,( 00 Shares.
minimum Dividend of 10 per cent. per annum payab'e on
Ist January and Ist July, guaranteed for Three Years by
the Vendors.
Deposit 10s. per share on application, and a further 10s. per
• share on allotment.
No call to exceed £1 per share, or to be made at a less interval
than Three Months from a previous call.

Geom. DIRECTORS.
-e R. Barry, Esq. DIRECTORS.
Serajgun,ge, Bengal), 6, Upper
, ,Yde Park-ardens.
Mandotegll, Esq, M.D. (late of the Opium Agricultural
Apartment, Bengal , 2), St. Stephen's-square, Bayswater.
•altrQd mumiord,
.e.sq. (Messrs. Bartrum, Pretyman, and
Pumford), Litector of the Upper Assam Tea Company.
exander Stewart, Esq. late Deputy-Commissioner of
IC„ustom.,
, Guzerat, and Director of the North London Rail-
vc-115-, 2, Talbot-terrace, Bayswater.
lam Thomson, Esq. (late of Calcutta), 2, East India-
avenue, India House, Leadenhall-street.
With power to add to their number.

Agra and BANKERS.
Masterraan's Bank (Limited , Nicholas-lane, Lom-

bard-street.
SOLICITORS.
Messrs. Thomas and Haams, Mincing-lane.

BRKERS.
MeSEIS. Lowndes, Surgey, and Woolley, 1, Royal Bxehange-
buildings.
SECRETARY.
_ _

°inn. Alexer Frbes Eso.
—B-2, East India-aavendnue,o India House, Leldenhall-

street,' E.C.

Thi PROSPECTUS.
Company is formed for the purchase of thirteen
tr,„`°,eele eat tea already in profitable cultivation, situated in
'"riovince of Assam, in British India, and for the purp-se
ol further developing and extending their operations.
~The proper; y consists of 12,010 acres of freehold land, held
'2lisect from Government, ot which 2,182 acres are planted
with tea plants of the following ages—namely, 440 acres, 3
yeah old ; 902 acres, 2 years old;
Items, list planted. 440 r.cres, 1 year old ; and
e
th he 5011 and c imate of this locality are second to none in
" Province, o,as t
directors of thefollowing at Bishnh Tea Company, a neigh-
."riug concern, for the season ending 31st December, 1i63,
"%aubmltted by them to the shareholders, will show:
Ac,„i'lle out-turn of tea and seed has been unpre •edented in.
f"aArk. The plantation in its fourth year hys given an ave-
age of 390 lbs and the two year old gardens of 240 lbs. of
Ali to the acre : and this has been obtained at no sacrifice to
nht,Pir°sPects of future years, but with careful and light
th-"mg. as is evinced by the present healthy appearance of
v.e Plants, which, I have often been assured, are, in size and
11°,_ur, unsurpßssed by the of the age in Assam. '
Lae dividends paid byAssam, the Upper Assam, the
Biehnath, and by several of the other tea com-
lutntes in Assam, vary from 20 to SO percent., and their shares
41'e, at a premium of 100 to 200 per cent.
factories have the advantage of being traversed by
good roads and navigable rivers, and steamers p'y between
Assam and Calcutta, affording great facilities for the supply
91 labour and for the other requirements of the estates. Not
less than 8,010 acres c :n be brought into profitable cultiva-
tion ; and each acre. when in full bearing, is capable of pro-
ducing at least 400 lbs. of tea.
The plantations are calculated to pro iuce, during the first
year of the Company's operations (1801-65), eturns sufficient
to yield 10 per cent. on the paid-up capital ;rand the vendors
guarantee a minimum dividend at the rate of 10 per cent.,
payable half yearly, upon the paid-up capital for three years,
to be calculated from the date of the re;4istration of the Com-
pany. At the expiration of the three years the plants will
e suffioientiv advanced to give progressively larger divi-
dends, until the whole have attained maturity and yield a
maximum return.
_ The price to be paid for the property le Z 163,000, payable _by annual instalments, with interest, at 5 per cent., extend-
ing over a period of six years.
These terms the directors consider to be most advantage-
°l_,:9, as, while they show the confidence of the vendors in the
advantage-
gri°l_,:9, of the property, the easy tnstilment4 as to payments
ll enable the young plants to grow up into full bearing,
tal
istocateldd large returns before the greater part of the capf-
irile undertaking originates with the Directors and their
ands. No prolnotiOn-monOy, will be paid to any one, either
etri TY or ndirectly, and the preliminary expenses will be
confined to such as are absolutely necessary:
iat
ete vendors stipulate that 6,000 of the shares are to be
al to them ; 0,000 of the remaining shares have been
purVicloY Subscribed for, leaving 6,000 shares availab e for the

It,TICULARS OF THE ESTATES OF THE NOW-
1. ,r oG IEA COMPANY OF ASSAM (Limited).
ConUhl BORKONDO LEE DIVIS1ON•-iee
oseheits of the factories of Bolton:10
n, Loonepoong,
1 1 the Nowgong
rai,Zet , Topntj sore°, and Remben,.
along
Nowgong ; vary-
, on the banks of the rivers Kullung and Nonoye, and
inn r the rand trunk road from Ooboka to
ot Indd distahee from the station from 8 to 16 miles. Extent
2j6.000 acres ; of which 1,117 are planted.
oullialLll_ A.MONEE DIVISION
hiekeegTstot the factories ot Bamolec,
ok and Sepsnul-
lab, all
, , Borhoo'ah, Ss ssabat, Deejoomo
Topotjooree, Am-
withi„ n the Nowgong District, the principaffactories being
situai` ' nit es of the station and the others conveniently
be joLd cillltlie banks ot the' rivers Kullung, Nonoye,
stances vaiyin , fl.lr the old station of Hungagora: at (l
6,000 acres Bto 20 miles from Nawgong. 14.xtent of land.
1-...,.. "; of which ',o+s are planted.
hat
and forms of application for Shares cal be.
Patty. "a the Secretaiy, or from the Brokers of the Com

ic,„
IVG ONG TEA COMPANY OF
Cric,, ASSAU (Limited).
at ter
List e,SD y which date the share
will APDlicationa for Shares can be ree_e_ived
b A , the 18th inst., on
e Clo Bed.

By order.
A. FORBES, Secretary.

11111.1 - the UNION
At a Italf-I:ritIIRD REPORT' of
Court-roo BANK Or LONDON.
M efearl :fleeting of the rprrotpnreieeßt-Osrtsrehete:md
aantstiehne
Ouse, on the Banking-house, 2,
.865 /), wunesday, the 11th January, ,
"U'rrIALL LAURIE, Esq., Governor, in the
The fOli 4 Chair,
The n. wag REPORT was read :
trectors have to report that the net profits of the
pay.t_lor the abc
months ending 31st December last, after
.flent of all charg.s (including the sum of Eteri,37s 12s. 4 4.
interest Paid and due t) customers on their, current and
"a,sepsit accounts), and makin,r ample provision for all bad
doubtlul debts, amount te.£180,195 2s. ltd., which, with
6A. 2d. brought forward from 30th June last, amount to
).553 9s. Id. -
—The Directors now declare a dividend for the last six
,T(lths at the rate of 15 per cent. per annum, and a bonus of
I Per cent. on the increased paid-up capital, being at the rate
20 per cent, per annum, clear ot income tax.
bPThe /0 000 new shares issued under the authority of the
ecial General Meetings held in July last were all claimed
;Me ropri tors, except 6,, shares ; and in order to com-
plete the capital, the Di rectors have debited the profits of the
calt' year with £1,950, the amount of such unclaimed shares.
In accordance with the resolutions of those special general
Meetings, the p id-up capital of the Bank has been thus
raised from £OOO,OOO to £1,20',000, and the reserved fund
!rota £67,000 (the amount at which it stood in July last), to
£500,000, by the addition ot £233,000, part of the amount re-
ceived from prea !urns on the new shares.
The Directors are ot opinion that the reserved fund is, for
the pre3ent, Vequate in amount, and they have therefore
appropriated the balance 01 the premiums on the new shares,
amounting to £07,000, towards a building investment ac-
count.

-&fTe r payment of the dividend and bonus, amounting to-
Rether to £119,182 10s., and appropriating £67,000, received
from premiums, in the building investment account, there
Will remain a balance of £61,375 19s. Id. to be carried for-
ward for appropriation at the end of the financial year in
July next.
The Directors recommend that the 65 unclaimed shares
should be placed at their disposal, to enable them to apply
the dividends in the temporary relief of some of those urgent
and unforeseen cases of pressure from illness which occa-
sionally occur amongst the clerks in the establishment.

THE UNION BANK OF LONDON. For the Half-Year ending 3 lot December, 1864.
GENERAL BALANCE.
DB. LIABILITIES.
Capital.—£10 per Share paid up on
60,000 Shares £600,000
£5 per Share added out of
reserved fund .. . . 300,000
£l5 per Share paid up on
20,000 Shares, 1864 300,000
by £1,200,000 0 0
Da;

Ale acmunts, de-
Posit-receipts.a udin
(inclgcurrent interest accrued),
and other obligations
Reserved Fund, invested in Consols, as per
contra .
RBuildings Investment Account
ebate on Bills not due
lance at credit of Profit and Loss

300,000 0 0
67,009 0 0
47,302 4 2
180,558 9 1

£20,602,253 16 10

CR. ASSETS.
Cash in Bank £873,527 2 7
in the Bank of England 600,778 6 10
„ lent at call 1,058,000 0 0

Investments 'ln Government Stock, Exche-
qu-r Bills, Debentures, &c .. .
. 1,227,0E3 9 8
£337,078 135., Consols Reserve ..... ..
..
....
Bank premises—consisting? of freehold build-
ings in Princes-street, Mansion Douse-
street, Argyll-place, Fleet-street, and -
Chancery-lane ; and lease and fixtures of
No. 4, Pall-malt East . 150,491 13 0
Loans, Bills Discounted, &c 16,359,453 4 1 t
£20,602,253 16 10
PROFIT AND LOSS ACCOUNT.
DR.
Dividend at the rate of 15 percent. per annum £259:73895a i 7 6
% onus, 21 per cent.... 9 l2 6

£?,532,305 S 5

£119,182 10 0

Balance, being undivided profit carried for-
ward to next half-year ...

61,375 19 1

£180,558 9 1

R.
Profit unappropriated on 30th Jane, 1864
Amount of net profit of the half-year ending
31st December, 1864, after deducting all ex-
Penses and interest, paid and due (.£161,375
12s. 4d.), allowed to customers on their cur-
rent and deposit accounts

£180,558 9 1

gaThe Governor then declared a dividend for the past half-
Ir at the rate of 15 per cent. per annum, and a bonus of 2}
teen, clear of inceme-tax.
lasedW as resolved unanimously,
fat the report now read be adopted, printed, and cireu-
T, among the proprietors.
the...At 'Ur
(In well-deserved thanks of the meeting be given to
the „-h-vernor, the Deputy Governor, and the Directors, for
4,.""1e, judicious, and profit ble manner in which they
yea're conlucted the affairs of the Bank during the past half-
,...That the best thanks of the meeting be given to Mr. W.
lirt • Scrinageour, the General Manager, for the zeal at d abi-
go long displayed by him in the discharge of his impor-
tant duries.
IrantThat the thanks of the meeting be given to Mr. Barton, the
az.er ; Mr. Ingpen, the Manager of the Regent-street
h Mr. St. Barbi, the Manager of the Charing-cross
Brant ; Mr. Beattie,
Bran 'the Manager of the Temple-bar
__ ch ; and to Mr. Newmarch, the Secretary, for the zea-
wllll and efficient manner in which they have discharged their
ffeveral duties.
:siggned) P. NORTHALL LAURIE, Governor.
.1.,,.
_Tuhraiet,the thanks of the meeting be given to P. Northall
the Governor, for his conduct iu the chair this
uay, •,
(Signed) JAMES FARQUHAR, Deputy-Governor.
Extracted from the Minutes.
Na—Th W. 0. BEVILLE, Assistant-Secretary.
p,,,,__ _ e dividend and bOllllB will be payable en =clatter
- •m+47, the 20th instant.