The Sun.
London, England, 1865-07-01 00:00:00

A Minimum Dividend of 10 per cent. guaranteed for five

years.
DIRECTORS.
Henry Labouchere, Esq., 16, Portland place.
Sir Charles Rich, Bart., Directors of the London,
Edward W. Edward E Chatham, and Dover Rail-
s, sq.,}
way Company.
The Hon. James F. Stuart Wortley, Curzon-street, Mayfair.
Thomas P. Chappell, Esq., 50, New Bond-street.
Wm. Goldsmith, Esq., Norbury Park, Surrey.
R. W, Jennings, Esq., Chairman of the City Steamboat

Company.
Captain Bulkeley, Dirliiitor of the Great
Westeri Railway Company.
John Wm. Chater, Esq., Director of tho }- For Windsor.
London Tavern Company.
Henry Darvell, Esq., Windsor.

BANKERS.
Messrs. Glyn, Mills, Currie, and Co., Lombard-street.
Messrs. Neville, Reid, and Co., Windsor.

BROKERS.
Messrs. Eykyn Brothers, Change-alley.
Messrs. Robins, Barber, and Dailey, 29, Threadneedle-
street, B.C.

SECRETARY.
George Leslie, Esq.
TEMPORARY OFFICES.
29, Nicholas-lane, E.C.

PROSPECTUS.

This Company has been formed for the purpose of ac-
quiring and uniting under one management the following
Hotels, all of which are now in possession of first-class
businesses, and in the receipt of very considerable and re-
munerative incomes.

The Trafalgar Tavern,
The Ship Tavern, at Greeenwich.
The Yacht Tavern,
The Castle Hotel,
at Windsor.
The White Hart Hotel,
Radley's Hotel, at Bridge-street, Blackfriars,
and
The St. James's Hall, and the extensive Public Rooms
and Restaurant attached thereto.

These large and valuable properties present features of
a character which give them a special claim to the atten-
tion of the public, inasmuch as from the moment that they
are acquired by the Company they will yield a large and
highly remunerative return.
The death of Mr. Charles Hart, and the failing health of
Mr. Thos. Quartermaine, the late proprietors of the Tra-
falgar and the Ship at Greenwich, are the sole reasons for
these valuable properties being now disposed of. Both of
these gentlemen, while in the occupation respectively of the
Trafalgar and Ship Taverns, realised large fortunes in a
few years. The Yacht Tavern has been acquired for the
purpose of giving increased accommodation to the Tra-
falgar, which has been found to be much needed.
It is proposed to rebuild the premises in Bridge-street,
Blackfriars, which are wholly inadequate to the great in-
crease of passenger traffic that the vicinity of the terminus
of the London, Chatham, and Dover Railway may be ex-
pected to produce. This additional accommodation will
be even more urgently required when the above-mentioned
station becomes, as it very shortly will, the terminus of
the Great Northern, the Great Western, the Midland, the
South-Western, and Metropolitan Railways. •
The business of the two Hotels at Windsor will be united,
and for that purpose new premises will be constructed upon
the site of the White Hart, which stands opposite the
.principal entrance to Windsor Castle. The new hotel will
possess a first-class refreshment room adjoining the ter-
minus of the Great Western Railway. • The Castle Hotel
will be turned into shops, from which a large increase of
income may be anticipated.
The returns of the St. James's Hall and Restaurant, which
are at present under different managements (but which will
be now united) are about £40,000 per annum.
The Trafalgar, at Greenwich, is held under a lease, of
which about 31 years are unexpired, at the annual rent of
£460.

The Ship, at Greenwich, is held under a lease, of which
about 68 years are unexpired, at the annual rent of £5OO.
The Yacht, at Greenwich, is held'under a lease, of which
18 years are unexpired, at the annual rent of £lOO.
The Castle and White Hart Hotels are freehold.

The St. James's Hall and Restaurant (and three houses
in Regent-street, in connexion therewith) are held under
leases direct from the Crown for unexpired terms varying
from about fifty to sixty years, at aggregate ground-rents
Amounting to about £2,000 a year.
Radley's Hotel, and the valuable space of ground adjoin-
ing, containing about 25,000 square feet, are held under an
agreement for a lease of 99 years from Christmas, 1864, at
the annual rent of £3,500, and it is believed that the
ground, not now occupied by the existing hotel, would
readily produce an income nearly sufficient to cover the
whole of such rent.
The prices at which the whole of the above properties,
including the goodwill of the late proprietors, have been
acquired, is the sum of £185,000.
The stock, furniture, and wines taken over by the Com-
pany will be paid for by valuation in the usual way.
In the undertakings of a similar nature hitherto presented
to the public, the greater portion of the capital has been
absorbed by the erection of new and expensive buildings,
and by the purchase of the furniture, plant, &c., required
for the opening of large establishments, and it has also been
necessary to create fresh business ; but the present project
possesses the advantage that all the properties purchased
are now in active and highly profitable working, and the
capital to be expended in building will bp laid out only to
provide such enlarged accommodation as shall be found ab-
solutely requisite for the demands of the public.
It is estimated that the dividend upon the capital re-
quired to be called up, based upon the result of the last
three years' working of the different establishments, will
amount to a minimum of 15 per cent. per annum, and the
vendor from whom tthe Company purchases, in order to
testify his confidence in the undertaking, has agreed to
guarantee a minimum dividend of 10 per cent. during a
period of five years.
There will be no promotion money paid, and the preli-
minary expenses will be borne by the vendor.
In consequence of inquiries which have already been
made, the Directors have decided also to receive applica-
tions,for allotments of oue4ourth of the capital, , 5,000
shares, fully paid up. Such shares to bear dividend from
the date of payment. -
Applications for shares in either of the accompanying
forms may be made to the Secretary at the offices of the
Company; or to to the Bankers, Brokers, and Solicitors.
But no application will be entertained until the deposit of
£1 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.,

FORM OF APPLICATION FOR SHARES WITH
£5 PAID ON ALLOTMENT.
(To be retained by the Bankers.)
No
To the Directors of the London, Windsor, and Greenwich
Hotels Company (Limited).
Gentlemen,—
Having paid to the Bankers, Messrs. Glyn, Mills, Currie,
and Co., the sum of £ , being a deposit of £1 per
Share on Shares in the above Company, I hereby
request that you will allot me that number, and I agree
to accept such Shares or any less number you may allot to
me, and I agree to pay the sum of £4 per Share on allot-
ment, and I authorise you to insert my name on the Regis-
ter of Members for the number of Shares allotted to me
Usual signature
Name in full
Residence
Profession
Date 1865
OR THIS FORM OF APPLICATION FOR FULLY
PAID-UP SHARES.
(To be retained by the Bankers.)
No
To the Directors of the London, Windsor, and Greenwich
Hotels Company (Limited).
Gentlemen,—
Having paid to your Bankers, Messrs. Glyn, Mills,
Currie, and Co., the sum of £ , being a deposit of
£1 per Share on Shares in the above Company, I
hereby request that you will allot me that number of fully
paid-up shares, and I agree to accept such shares or any
less number you may allot to me, on the terms of the Pro-
spectus, and I agree to pay the balance of the amount of
such share on allotment, and to sign the Articles of Asso-
ciation of the Company when required, and I authorise
you to insert my name on the Register of Members for
the number of Shares alloted to me.
Usual signature
Name in full .
Residence .
Profession.
Date .

-1865