The Sun.
London, England, 1865-08-01 00:00:00

ABRIDGED PROSPECTUS.

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The objects of the company are, first, to construct a rail-
way, about nine miles in length, from the " Old Port" of
Marseilles to Podestat, to afford increased facilities for the
commerce and manufactures of the town and port ; secondly,
to acquire land on both sides of the line throughout its
length for building and other purposes, to which great value
will be given by the construction of the railway.
The reputation of Marseilles as the first maritime city of
France is well brown, second only to Paris in population
and.wealth ; its position and capabilities give it the com-
mand of French commerce in tke Mediterranean.
Within the last ton years Marseilles has been placed in
direct railway communication with Paris and all parts of
France. Magnificent docks and warehouses havebeen con-
structed; but great and rapid as those new works have been
they are still far behind the requirements of -its ever-in-
creasing trade.
The old quarters of the town are being demolished to
make room for handsome streetsandpublic buildings. The
Population thus displaced are driven to the suburbs, more
especially towards the south, where the lauds of the Com-
pany aro situate.
The proposed railway, after leaving the port and town
of 300,000 inhabitants, will pass through the southern
suburb, which contains a population of 50,000, and follow
the valley to the sea, at the "Madrague do Montredon,"
from thence it will be continued for three miles along the
coast to Podestat, affording sites for the erection of factories,with access to the sea, and direct railway communication
with the town and port, and with the Paris, Lyons, and
Mediterranean lines, by a junction with the proposed new
branch of the latter to the " Place Castellane."
The Company have contracted for the purchase of about
1,200,0.00 square metres of land (about 300 English acres)
situate on both shies of the proposed railway, between the
town and the "Madrague de Montredon ;" 140,09 U•;. etres
of which will be required for the construction of -the lino
and stations, leaving 1,060,000 metres to be sold for the
erection of first-class residences.
. It has been estimated that on the completion of the rail-
'Way the whole of this land will be readily sold at the price
of at least 20 francs per metre, at which rate it will produce
21,200,000 francs, or £848,000.
The Company have also contracted for the purchase of a
'very large tract of ground beyond the "Madrague do Mon-
tredon through which the railway will pass to Podestat.
The.average cash cost to the Company of the land above
referred to is only 5,1 f. per metre, including the houses
already built thereon, and including also upwards of
10,000,000 metres of land (about 2,500 acres) on the coast
line for three miles beyond the' proposed terminus. at
Pedestal, which will thus be acquired -by the Company
free of cost, and which will be made available at some
ftiture time by an extension of the railway and the falna-
tion of roads.
Prospectus and Forms of Applications for Shares may
be had of the Secretary, at the offices of the Com-
pany, or of the Bankers, Brokers, and Solicitors ; but no
application will be entertained unless the deposit of £l.
per share on the number applied for has been duly paid to
the Company's bankers. In the event of no allotment being
made to the applicant, the deposit will be promptly returned
in full-

WAY AND LAND COMPANY (Limited).
The SHARE LIST of this Company will be CLOSED
for London on SATURDAY NEXT, the sth inst., and for
the Country on MONDAY NEXT, 016 7th inst.
H. P. HAKEWILL, Secretary.
August 1, 1865.

ACCIDENTAL and MARINE INSURANCE
CORPORATION (Limited).
To be•lncorporated under " The Companies Act, 1862," by
which the Liability of each Shareholder is limited to the
amount of his Shares.
Capital Z 2,000,000, in 80,000 Shares of £25 each.
First Issue, 40,000 Shares.
£1 per Share to be, paid on Application, and £1 on Allot-
ment. No further Call is contemplated.
DIRECTORS.
Stephen Cave, Esq. (Messrs. Prescott, Grote, Cave, and
Cave), Threadneedle-street.
Alfred Smee, Esq., F.R.S.; Chairman of the Accidental
Death Insurance Company.
J. G. B. Lawrell, Esq.,
• S. Esq., Directors of the Accidental
Kennedy,Esq., F.R.S., Death Insurance Company.
Edward Solly,
William Tabor, Esq., Chairman of the Gresham Lifo
Assurance Society, and Director of the Imperial Bank
(Limited).
Geo. Lowe, Esq., C.E., F.R.5.,1 Directors of the Gresham
George Tyler, Esq., r Life Assurance Society.
Prederick Poulton, Esq., M.P., Metropolitan Board of

. _
Works.
e'orge Smith, Esq. (Messrs. George Smith and Co.), 86,
Tower-street.
G. Tollemacho Sinclair, Esq., The Mount, Upper Nor-
:wood, and Thurso Castle, N.B.

BANKERS.
London and County Bank, and all its Branches.
Messrs. Prescott, Grote, Cave, and Cave, Threadneedle-
street.
The Consolidated Bank, Manchester.
The Bank of Liverpool, and Messrs. Darned and Co,
(limited), Liverpool.

• salmon.
F. P. Chappell, Esq., 26, Golden-square.
BROKERS.
MeSSPS. Muliens, Marshall, and Co., 3, Lombard-street.
SECRETARY.
John White Oram.
, HEAD OFFICE-7, Banle-buildings.
MARINE DEPARTMENT-21, Threadneedle-street.