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

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to
is

This Company receives MONEY ON DEPOSIT in sums
of £lO and upwards at the undermentioned rates from this
day UNTIL FURTHER NOTICE, viz.:
At 14 days' notice
At one month's notice 3l per cent. per annum.
FOR FIXED PERIODS OF
Not less than 3 months and up to 6 months, 4 per ct. per an.
Beyond 6 months and up to 9 months 44 per cr. per an.
Beyond 9 months and up to 12 months 5 per et. per an.
Beyond 12 months and up to 24 months si per ct. per an.
Forms of application can be obtained of the Secretary, to
Whom all communications must be addressed.
By order of the Court,
ALFRED LOWE, Secretary.
1. and 18, Cornhill, London, June 15, 1865.

BARNED'S BANKING COMPANY
(Limited.)
Incorporated under " The Companies i.ct, 1862."
Capital, £2,000,000, in 40,000 shares of £5O each (with
power to increase), of which it is intended to call up
more than £2O per share.
Deposit on application £1 per share, £4 per share on allot-
ment, £5 per share on Ist September, and the remainder
in instalments of not more than £5 each at intervals of
not less than three months, of which ample notice will
be given.

CHARLES MOZLEY E., DIRECTORS
Chairman.
J. A. Bencke, Esq. (Messrs.sqJ. A. Bencke and Co.), Liver-
pool.
George Collie, Esq. (Messrs. G. Collie and Co.), Liverpool.
S. Price Edwards, Esq., Liverpool.
John Enthoven, Esq. (Messrs. H. J. Enthoven and Sons),
Liverpool.
Francis Martin, Esq. (Messrs. Martin, Robertson, and Co.,
Gracechurch-street, London), Director of the Thames
and Mersey Insurance Company.
Frederick B. Mozley, Esq., Liverpool.
Lewin B. Mozley, Esq., Liverpool.
Joseph Rdbinson, Esq., Deputy Chairman Ebbw Vale
Company, Laurence Pountney-hill, London.
(With power to add to their number.)
BANKERS.
Messrs. Prescott, Grote, Cave, and Co., London.
Messrs. Barned and Co., Liverpool.
BROKERS.
Messrs. Brunton and Son, 32, Cornhill, London.
Messrs. Helbert, Wagg, and Co., Shorter's-court, Throg-
morton-street.
Messrs. Thomas Tinley and Sons, Liverpool.

SOLICITORS.
Messrs. Maynard, Son, and Co., and Coleman-street,
London.
Messrs. Bateson, Robinson, and Morris, Liverpool.
Aunrrous—Messrs. Hammond Banner and Son,
Liverpool.
SECRETARY (pro tem.)—R. H. Ashton, Esq.
Offices in Liverpool—The Bank, Lord-street.
Temporary Offices in London—City Bank Chambers,
No. 20, Threadneedle-street, E.C.
This Company is formed for the purpose of purchasing
the business of the old-established and well-known private
Bank of Messrs. I. Barned and Co. in Liverpool, and organ-
ising it on the broader basis of a joint-stock company, under
the Limited Liability Act.
The Bank, which was founded in 1809, has clone a large
and continually-increasing business, and there is no doubt
that in its new and extended form still more satisfactory
results will be realised.

The Directors have received most encouraging promises
of support, both in Liverpool and London ; but, in making
the allotment of shares, preference will be given to the
present customers of the Bank. - -

The purchase money for the business has been fixed at
£160,000, payable by instalments spread ovty two years, as
stipulated in the agreement; and this sum, on comparing
it with the profits shown by Messrs. I. Barred and Co. to
have been realised, and their guarantee of the assets taken
over, cannot be considered other than a moderate payment
for a lucrative business placed at once in the hands of the
shareholders.
The Bank will take over the business of Messrs. I. _
Earned an Co. as from the Ist of July, 1865, and Messrs.
I. Barned and Co. will guarantee the payment of all debit
balances (including bills and credits running) standing in
their books on that day.
The business will have the advantage of the active super-
vision of the present partners in the Bank, who have agreed
to act as Directors for five years, and will retain a large
interest in the Company.
Messrs. I Barned and Co. are willing to sell at a valua-
tion the present Bank premises, and any of their adjoining
property, if the directors wish to secure it, and, if required,
to leave the purchase money on mortgage for ten years at
41 per cent.
The remuneration of the ordinary Directors is to be fixed
by the shareholders at their annual meetings, but power is
taken in the articles of association to appoint one or more
of their number as Managing Directors, whose extra re-
muneration will be determined by the Board.
Copies of the Company's memorandum and articles of
association, and of the agreement for the transfer of Messrs.
Barned and Co.'s business, can be seen at the offices of
the solicitors of the Company.
Application for shares must be accompanied by a pay-
ment of the deposit of £1 per share. In the event of no
allotment being made the deposit will be returned in full.
Should a less number of shares be allotted than are applied
for, the deposit will, so far as required, be applied towards
the payment due on allotment.
Applications for shares will be received at the bankers,
brokers, solicitors', offices of the Company, and at the
following places :
England—Manchester: Messrs. Cunliffes, Brooks, and Co.
~ Leeds : The Yorkshire Banking Company.
Birmingham: The Birmingham Banking Com-
pany.
Bristol : Messrs. Bailie Cave, Bailie and Co.
Seotland—Edinburgh, Glasgow, 'Dundee, Aberdeen,' and
Dumfries : The National Bank of Scotland.
Ireland—Dublin, Londonderry, Cork, and Limerick : The
Provincial Bank of Ireland.
~ Belfast : The Belfast Banking Company.
~ The Ulster Banking Company.
*here prospectuses and forms may be obtained.

BARNED'S BANKING COMPANY (Limited).
To the Directors of Barned's Banking Company (Limited).
Gentlemen,—Having paid £ to your bankers, I
request that you will allot me shares in Barued's
Banking Company (Limited), and I hereby agree to accept
such Shares, or any less number that may be allotted to
me, and to pay the calls thereon, subject to the provisions
of " The Companies Act, 1862," and the articles of associa
ion.

Name in full
Address
Occupation, if any........
Usual signature
Date

BARNED'S BANKING COMPANY (Limited).
None w Is HEREBY GIVEN, That no further
APPLICATION for SHA_RES in the above COMPANY
will be RECEIVED after TUESDAY NEXT, the 4th
July, at Pour o'clock p.m., for London, and WEDNES-
DAY, the sth July, for the Country.
By Order.
R. H. ASHTON, Secretary pro tem.
Temporary Offices in London,
20, Threadneodle-street, E.C.June 30, 1865.

Being together £10,280 annually,
and as the line is to be worked by the Midland Company
for seven years at 40 per cent., a gross receipt of £17,200
per annum will be sufficient to pay interest on thio A
Priority Stock as well as on the Debentures.
The coal traffic alone is estimated to produce one-third
more than the above amount, independent of the ordinary
sources of traffic. The A Priority stock is therefore most
amply secured, and presents an eligible investment for
trustees and other parties seeking a security paying a fixed
dividend at a good rate.
With the view of removing any doubt as to the dividend,
and in order to give ample time for the development of
tjie traffic, Messrs. Waring Brothers guarantee for three
years the interest on the said Priority Shares.
Tenders for the whole, or any portion of the above Stock,
will be received at the offices of the Association, South Sea
House, Threadneedle-street, up to Tuesday, 11th July, at
One o'clock, when the tenders will be publicly opened and
the Stock will be allotted to the highest bidders, provided
the prices offered are not below the minimum, which will
be fixed in the usual manner before the Tenders are opened.
In case of equality of Tenders beyond the amount required
a pro rata distribution on such Tenders will be made.
A deposit of Xo per cent. must accompany each Tender.
The balance to be paid on the 18th July, when the Stock
will be placed in the purchaser's name without expense.
South Sea House, Threadneedle-street, Ist July, 1865.

BETTERING, THRAPS T ON, AND HUNTINGDON
RAILWAY.
CAPITAL.

Debentures

£75,600

Priority or A Shares 130,000
Deferred or B Shares lOO,OOO

Total X 305,600
DIRECTORS.

General ARBUTHNOT, Woodford Houso, Thrapston.

Chairman.
William Bunce Greenfield, Esq., 59, Porchester-terrace,
Hyde Park, W., Deputy-Chairman.
Thomas Pain, Esq., 22, Great George-street, Westminster,

. _ . .
S.W. _
Valentine Hill, Esq., Kimbolton, St. Neots.

• •
ENGINEER.
G. B. Bruce, Esq., Westminster-chambers, Victoria-
street, S.W.
SOLICITORS.

Messrs. Hodding Townsend and Co., 3, Princes-street,
Westminster.
SECRETARY.
Arthur Lankester, Esq.
COMPANY'S OFFICES.
No. 1, Poet's-corner, Westminster, S.W.

This railway has been constructed in the most substantial
manner. by Messrs. Waring Brothers, within the capital
authorised by the Acts of Parliament 25 and 26 Vict., cap.
173, 26 and 27 Vict., cap. 203. It is 26 miles long, running
out of the Midland system at Kettering, touching the Lon-
don and North Western at Thrapston, and the Great
Northern and Great Eastern at Huntingdon, and will be
opened on the ensuing Ist of August.
The total share capital is £230,000 ; of this the A Shares
amounting to £130,000, are entitled, under powers con-
ferred by the Company's Acts, to a priority in dividend of
£5 per cent. in perpetuity, ranking next after the deben-
tures, so that they are substantially preference shares.
Messrs. Waring Brothers guarantee the interest on the A
Priority Shares for three years from Ist July, 1865. .By
the Acts of Parliament the liability of the shareholders is
limited to the amount of their subscription in the usual
manner. The B or deferred shares receive all the surplus
after payment of five per cent. to the Priority Shareholders.
The railway traverses one of the richest agricultural
districts of England, in which also iron-stone and clay of
fine quality have recently been developed. It is to be
worked under Parliamentary sanction by the Midland
Company, who, by agreement with the Great Eastern
Company, have powers of running onwards from Hunting-
don by St. Ives to Cambridge, so that a complete and most
direct connexion will be established between the whole of
the Great Eastern system and the manufacturing and mine-
ral Midland districts, including Derby, Leicester, Birming-
ham, Nottingham, Sheffield, and the Northern manufac-
turing population. A reference to the map will show the
importance of the line as a connecting link between the
centre and the east of England. The Midland Company
are to work and maintain the lino for 40 per cent. of the
gross receipts during seven years, and for 50 per cent. in
perpetuity thereafter.
The traffic will obviously, therefore, be large. It is be-
lived, indeed, that the transport of coal alone will furnish
a remunerative return upon the capital now offered to
the public. The greater part of that traffic, now going
into the eastern counties by the circuitous route of Peter-
borough, must hereafter go via Huntingdon, as its shortest
and best course. This quantity is estimated at 300,000 tons
a year, which, at the rate of d.i per ton per mile, would
Meld 24,375 gross, or £14,625 net after payment of work-
ing expenses. The net return on coal, therefore, after de-
duction of £3,780, the debenture interest, would be £10,845.
To pay the dividend on the Priority Shares only £6,500
(beyond the debenture interest) is required ; so that, unless
the anticipations of those best qualified to judge are greatly
erroneous, there would be from the coal traffic alone a net
surplus of about £4,350 annually beyond the dividend on
the A Priority Shares.
And if the general traffic from passengers, merchandise,
cattle, and iron ore should realise only a net amount equal
to that derived from the coal, the Company would have a
clear annual income of £29,000 after deducting working
expenses, whilst the first charges for debenture interest and
dividend on these shares would absorb £10,300 only.
In short, a gross traffic of only £l2 15s. per mile per
week (£25 per mile being the minimum anticipated by the
most competent railway authorities) would suffice to pay
debenture interest and a dividend of five per cent. on the
A or Priority Shares, after deducting working expenses at
40 per cent.

KETTERING,
RAILWAY
C THRAPSTON
AND HUNTINGDON
AND HUNTINGDON
FORM OF TENDER.
To the Directors of the London Financial Association
(Limited).
Gentlemen,—l hereby tender for £ of
the A Priority Stock of the Kettering, Thrapston and
Huntingdon Railway Company, subject to the conditions
contained in your advertisement of Ist July, 1865,
At per cent. (Price to be inserted here.)
I enclose a Deposit of £ , being at the rate
of 5 per cent. on the said sum of Stock.
Name

Profession or occupation
Address
Date

NOTHING DIPOSSIBLE.—The greatest and
mostusefulinvention of theday, AGUA AMARELLA.
Messrs. JOHN GOSNELL and CO., 12, Three King-court,
Lombard street, London, Perfumers to her Majesty, respect-
fully offer to the public this truly marvellous fluid. which
gradually restores the human hair to its pristine hue—no
matter at what age. The Agna Amarelia has none of the
properties of dyes ; it, on the contrary, is beneficial to the
system, and when the hair is once restored one application
per month wilt keep it in perfect colour. Price one guinea per
bottle, or in half bottles, lOs. 61. Testimonials from artistes
of the highest order, and from individuals of undoubted re-
spectability, may be seen on application. Messrs. John
Cornell and Co. have been appointed Perfumers to her Royal
Highness the Princess of Wales.

TORN GOSNELL and CO.'S CHERRY
t) TOOTH PASTIC is greatly superior to any tooth
powder; elves the teeth a pearl ehiteness, protects the
enamel from decay, and imparts a pleasant fragrance to the
the breath. Price is. 61-12, Three Kinr-court, Lombard-
street, London.