The Sun.
London, England, 1865-07-13 00:00:00

n EMEMBER, YOU WILL SEE YOUR
AA; FRIENDS at " EVANS'. " After the Opera we
eha►ll Sup there! 1.,

liINAHAN'S LL WHISKY v. COGNAC
Tuts ode:wetted Old IRISH WHISKY rivals the finest
FRENCH BRANDY,
It is Pure, Mild, Mellow, Delicious, and very Wholesome.
Sold in Bottles, 3s. Bd., at the Retail Houses in London ; by
ate Agents in the principal towns in England ; or wholesale

8. GREAT WINDMILL-STREET, LONDON, W.
Observe the Red Seal, Pink Label, and Cork branded
'Rinahan's LL Whisky."

WHAT A STUPID FELLOW YOU ARE
to bite off the end of your Cigar, when you can
buY One of "BUTCHER'S PATENT KEY-RING CIGAR
NIPPERS" for a Penny. 8,,1d everywhere.

MUTUAL LOAN FUND ASSOCIATION
(Incorporated by Act of Parliament, 1850),

14, RUSSELL-STREET, COVENT-GARDEN,
LENDS MONEY on Personal and other Security, in sums
of £2O to £5OO, to be repaid by instalments extending over
one, two, or three years. The large C tpital of this Associa-
tion enables it to complete its transactions without delay.
No inquiry or office fees, and strict secrecy observe 1. Bills
Discounted at short notice. Form sent free on receipt of a
directed stamped envelope.
The Association also lends Money for the purchase• of a
house by a tenant, or for the liquidation of mortgages, on
terms most advantageous to the borrower.
EDWARD HARPER, Secretary.

METROPOLIS SEWAGE and ESSEX
RECLAMATION COMPANY.
Incorporated by Special 'Act of Parliament.
Capital £2;100,000,
In 21,000 Scrip Certificates of £lOO each, to be hereafter
divided into Shares of £lO each.
Deposit on application £2 per Certificate, with further pay-
ment of £8 on allotment, and £lO on 2d October next.
The Subscribers will, in exchange for their Letter of
Allotment and Bankers' Receipt, receive Scrip Certificates,
which, on payment of the sum of £lO, payable on 2d Oct.,
as above, will be exchanged, under the provisions of the
Act of Parliament, for Registered Shares of £lO, and the
Shareholders will be credited in the-books of the Company
£2 in respect of each Registered Share.
DIRECTORS.
The Right Hon. the Lord De Tabley.
G. Sclater-Booth, Esq., M.P., Member of Sewage Commit-
tee; 1864 and 1865.
The Lord Richard H. Browne.
James Pattison Cuirie, Esq.
Maurice Drummond, Esq.
Arbuthnot G. Guthrie, Esq.
Charles J. Lambert, Esq.
Joseph S. Lescher Esq.
The Hon. Henry AT. Petre.
Col. Sir William Russell, Bart., C. 8., M.P., Member of the
Sewage Committee 1864.
Major the Hon. S. P. Vereker.
J. W. Perry Watlington, Esq., M.P.
ENGINRERS.
G. W. Hemans, Esq., C.E., &c.
J. F. Bateman, Esq., C.E., F.R.S., &e.
CONSULTING CHEMIST.
Professor J. T. Way, Member of the Royal Commission on
Rivers, and of the late Royal Commission on Sewage.
BANKERS.
Messrs. Glyn, Mills, Currie, and Co.
Messrs. Drummond.
Messrs. Sparrow, Tufnell, and Co. (Essex),
The Union Bank of Scoand_and Branches,
The Union Bank of Manchester,
The Bank of Liverpool,
The Birmingham Banking Company,
J•-Barber Kennedy and Co. (Dublin),
he Northern Banking Company (Belfast),
SOLICITORS.
Messrs. Baxter, Rose, Norton, and Co.
Messrs. West and King.
BROKERS.
Messrs. P. Cazenove and CO.
Messrs. Seymour and Co.
SECRETARY (pro tem.).—Walter A. Michael, Esq.
Offices-60, Threadneedle-street.
The International Financial Society are authorised to
receive Subscriptions for the Share Capital of this Cora-
ally, which has been incorporated by Special Act of Par-
liament for the purpose of Utilising the Sewage of the
Northern Area of the Metropolis, the Concession of which
has been granted to Messrs. Napier and Hope.
The Concession from the Metropolitan Board of Works
to Messrs. Napier and Hope, as now confirmed by Act of
Parliament, is scheduled t. the Act, and both may be in-
spected at the Offices of the Company.
The Concession has been vested in the Company on con-
dition of the payment to Messrs. Napier and Hope, under
the provisions of the Act, of £50,000 in fully paid-up
shares of the Company and a small contingent per-centage
of the net profits.
The Concession recites that in the opinion of the Board
the works proposed by Messrs. Napier and Hope are cal-
culated to effect the three following objects, namely :-
1. To divert the Sewage fro the Thames.
2. To render it innocuous by its application to growing
crops,\
3. To realise the great money value of the manure con-
tained in it.
The first article confers upon Messrs. Napier and Hope
"the absolute and exclusive right to and property in the
sewage" fora period of 54 years from the passing of the
Act, but makes the following. provision in reference to the
application of the net profits resulting from the scheme
atter the expiration of four years from the passing of the
Act. Previous to the expiration of that period all the
profit results to the Company.
After deduction of the annual charge for "money bor-
owed," profitf the `beorking and establishment expenses,"
the net shall applied—
,* -1.11 payment of interest at 5 per cont. per annum on the
!ware capital.
In payment in equal moieties to the shareholders and
the Metropolitan Board of the further profits up to 15 per
cent.
25 3. In division of profits exceeding 15 per cent. and up to
per cent, between the shareholders and the Metropolitan
Board, in the proportion o, three-fourths to the latter.f one-fourth to the former and
4. After 25 per cent. the division again to become equal.
MThe Olject of these stipulations is, that while the Metro-
ilan Board are virtually to receive half the profits, yet,
"t, in order to give a greater security, and therefore
greater value to the shares, the shareholders are to have a
preference to the extent of 5 per cent., which is made good
to the Metropolitan Board between the points of 15 and 25
Per cent., at which latter point each party receives 121 per
nt, and the division is then continued equally. Thus,
the share capital of the Company derives the advantage of
the entire capital, approaching three millions sterling, ex-
Pendedi by the Board on the north side of the Thames, for
Ato, collection of the Sewage at the point of its delivery to
ompany.
tilto the expiration of 34 years the Board have the right,
qiving two years' notice, to require a revision by
arbi-
ion of the above apportionment of profits.
, The Concession stipulates for the construction of a circu-
tar brick culvert, 9 feet 6 inches in diameter, shown by the
red line on the accompanying map, and running from the
Northern Outfall Sewer to the East Coast of Essex, and
.further, 'for the reclamation of the tract of foreshore and
sand, coloured pink on the map (about 7,000 acres),the in-
tention being to irrigate the lands in the district through
which the culvert passe; and to utilise the surplus upon
the reclaimed land.
A contract has been entered into with Mr. Wm. Webster
(who has constructed more than one-third of the main
drainage work of the metropolis, including the Crossness
Outfall), for the construction of the work mentioned above,
together with the necessary pumping stations, for the sum
of £1,853,448. To this must be added theamount to be paid
to Messrs. Napier and Hope in shares, as before mentioned,
the cost of land, engineering, Parliamentary, and legal ex-
penses, superintendence, and management, together with
interest at 5 per cent. per annum on the capital during the
construction of the culvert, estimated at a total of £546,552;
a £2,400,000. The Act authorises the Directors to raise
the all
mount of £700,000 in debenture; but of this, as above
shown, only £300,000 will in all probability be required.
The Company have the right of taking, without any pay-
ment, during the first four years, as much of the sewage as
they can utilise. From this source an immediate return
may be obtained, so that the return upon capital during
construction should be much in excess of the interest pro-
Vide&
11 payment on the 2d October next of the £lO per Cer-
tificate then due the Certificates of £lOO will be exchanged
for Registered Shares of £lO each.
According to the calculations made the eventual revenue
of the Company is estimated at about £720,000, and the
Working expenses and management at £50,000.
Ranker; who will not, however, receive any applications
unless accompanied by a deposit of £2 per certificate on
the number of certificates applied for. In cases where no
allotment is made the deposit will be returned in full, and
should a smaller number than is applied for be alloted the
balance returnable to the applicant will be applied towards
payment of the amount due on allotment. In cases where
an allotment-is made the deposit paid on application will be
liable to forfeiture if the balance due on allotment be not
paid within the term fixed by the letter of allotment, and
the allotment will be liable to cancellation. Default by sub-
scribers in due payment of the £lO per scrip certificate, pay-
able on 2d October, 1865, will, in like manner, render the
scrip certificates subject to cancellation, and 'the amount
theretofore paid thereon to forfeiture.
Prospectus and Forms of Applications may be obtained
from the Bankers and Brokers, and at the Offices of the
Company, No. 60, Threadneedle-street, E.C., London.
METROPOLIS SEWAGE AND ESSEX RECLAMA-
TION COMPANY.
FORM OF APPLICATION FOR SHARES,
To be left with the Banks.

Will also
receive
Subscriptions.

No.
To the Directors of the Metropolis Sewage and Essex
Reclamation Uompany.
Gentlemen,—Having paid to the sum of £ ,
ueing a deposit of £2 per certificate on certificates, I
re
quest you to allot to me certificates of £lOO each,
M the Metropolis Sewage and Essex Reclamation Com-
-1)411Y, in conformity with the Prospectus issued by the
tuternational Financial Society (Limited) ; and I
lze.ebY agree to accept (subject in all respects to
terms of the said Prospectus), such certificates,
any less number that may be allotted to me, and to pay
fi e sum due on allotment thereof, at such time as may be
xed by the Letter of Alltment, and to pay the further
bunt of £lO per certificate ono 2d October, 1865.
I am, Gentlemen, your obedient servant,
Signature
Name in full
Address in full
Residence
Date .
It'

'O in L FREE HOSPITAL, Gray's-inn-road,
'nil' Ter R
the immediate vicinity of the Great Northern ail-
minus, King's-cross.
v Me-PatrPatron—Hr Most Gracious Majesty the QUEEN.
on—Ills Royal H ighness the Prince of WA LE e, K.G
President-11 is Grace the Duke of BUCCLEUCH, K.G.
bcrinlie Committee earnestly solicit the ASSISTANCE of the
co fe,°lent, as the premises of this Hospital are capable of
the '""*.nln,g several hundred more beds, had the Committee
requisite funds to maintain them.
r!is Hospital. foundel in the „
year 1828, the first to estab-
the
a , Princip'e of frea admission to the sick poor, without
p and difficulty of Governors' orders. is wholly de-
epdent for support on voluntary contributions and legacies.
,J.t affords relief to a large number of in-patients, and, in
1"a1Pon to this, the average number of attendance of the
ldestitute sick has for a con iderable period averaged between
6,00 and 4,000 weekly.
,eContributions are received by the Treasurer. Edward Dias-
t=B9., Nicholas-lane; also by Messrs. Coutts and Co.;
Ornlnond and Co. ; Glyn and Co. • Herries and Co. ; Ransom
ita' Co.; Prescott, Grote, and Co: ; Smith, Payne, and Co. ;
VYrelay and Co. ; W Matas, Deacon, and Co.; Overend, Gur-
, and Co.; Nisbet and Co. , Benaers-street till Barned and
° • LivPrpool ; *tad at the Hospital. from 10 5.
STANFORD t3MITIJ, OeOretitry.