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IWE CREDIT FONCIER AND MOBILIER
/ eelle of
OF ENGLAND (Limited).
100,000 New Shares of £ZO each, of which '#.s per Share will be called up by Instalments; no further Call
being contemplated. The issue will be made as follows :-50,000 Shares will be
allotted to the present Shareholders, and 50,000 Shares will
be allotted to the general public.
When the above issue is completed,
The Subscribed Capital will consist of 200,000
Shares of .Co 2 each £4,000,000
The
Pald-up Capital
The
General Reserve Fund 500,000
The Dividend Reserve Fund lOO,OOO
DIRECTOR/3.
Th e Right Hon. JAMES STUART WORTLEY, Governor.
431 ES LEVICK, Esq., Merchant, King's} Deputy-
_ Armyard,
Governors.
Jam RS NUGENT DANIELL, Esq.,
lynes Childs, Esq. London.
William Dent. sen., Esq., Chairman of the Thames and
Ar ersey Marine Insurance Company.
chextol urine Dunbar. Esq., Old Btoal-street, London.
arlesuEllis, Eso.. Lloyd's.
Adolphe Hakim Ek.q.. Cornhill. London.
William Harris'on, Esq. (Messrs. Young, Harrison, and
djßelau), Deputy-Chairman of the Thames and Mersey
arine Insurance Company.
I:tlehard Stuart Lane, Esq.., Old Broad-street, London.
,ohsaerri : : Newbon Esq., London.
,eurY Pownall Esq. J.P., Russell-square, London.
ackrin Smith, Esq. (Messrs.! Mackrill Smith and
.., C 0.% Old Broad-street, London.
f.dwrd Warner, Esq.. M. E'., London.
.1-names Wite, Esq., ALP., London. Albert Grant; Esq., M.P., Managing Director.

TNKERS.
Agra and litastermanßA 's Bank (Limited).
Ireland. National Bank, London, Dublin, and its Branches in
3tessrs. Smith, Payne, and Smiths.
The National Bank of Scotland, Edinburgh, and Its
Branches in Scotland.

SOLICITORS.
Messrs. Newbon, Evans, and Co., Nicholas-lane, B.C.
BROKERS.
?defogs. Laurence, Son, and Pearce, 7, Angel-court, Throg.
Messrs. norsiall and Penny, i Liverpool.
Messrs. Todd and Ashton, Messrs. Shore and Kirk, Manchester.

SECRETARY.
Alfred Lowe, Esq.
OFFICES-17 and 18, Cornhill, B.C.

PR. ,
The marked success whOichSPECTUS has attended the operations of
the Credit Fonder and Mobilier of England (Limited) is
almost unexampled in the history of any commercial un-
dertaking.
The results of its operations have been so satisfactory,
that, as will be seen by the half-yearly report just issued,
a dividend and bonus up to the 30th September, at the rate
of 40 per cent. per annum has been declared, being the
same dividend and bonus as was paid for the previous half-
year.
Besides these unprecedented results, the Company is in
the possession, up to 30th September, of a general reserve
fund of £200,000, of a dividend reserve fund of £lOO,OOO,
and has profits in hand up to the same period, after paying
the above-mentioned dividend and bonus of .£50,80545. 9d.,
the paid-up capital being £500,000, making in all £850,805
48. 9d., or above £8 10s. per Share.
PanyThe following is the business transacted by this Cora-
:—
This Company negotiates loans for colonial and foreign
Governments ;
other r
Co-operatesailwaysin the financial arrangements of British and
Makes advances to Co
i2r public bodies ; ore rpotions, Town Councils, and
..1
legotiates loans for üblic wrks ;
Assists in the introduction ofo industrial and commercial
undertakings;
Makes advances upon approved stocks, shares, bonds, cto.
bnleMakes temporary loans upon eligible freehold and lease-
securities,and generally transacts such other financial
sines as is
theill-Ole greatlyincreased and still increasing amount of
ess offered to this Company, both by eminent private
ofrnlpei companies, and co rations, has decided the Court,
aszbrio:oidoireoe,owficot:otory;zwo. make their second, issue of Shares, by al-
lotting the remaining capital of the Company, consisting
Shares, on which £5 per Share only is
These 100 000 N Shares the Directors propose to issue
.'fiftyl,. thousand Shares will be issued to the Shareholders
Company who stand registered on the books of the
10s.
perl,arlY, to be allotted to them at a premium of £2
two 'are, in the proportion of one new Share for every
„Shares now held ; and
iiitY thousand Shares will be issued to the general public
he uding such Shareholders as may wish to apply for
heiaan3s ill addition to those they are entitled to as Share-
Lere, to be allotted at a premium of £3 10s. per Share.
to ue premiums to be received upon this issue will amount
Ttat 30,000, which will be added to the £200,000 already
h—ncYog at the credit of the general reserve fund, and will
fun increase that fund to £5OO 000. The dividend reserve
act being £lOO,OOO, the paid-up capital will then be
t 1,000,000.
The
t New Shares will be paid up as follows, viz. :
homerc:e issued at £2los. per Share premium to the Share-
o 0
Per Share on application, being on capital ac-
-110 count.
0 per Share on allotment, £1 being on capital
2 la account, 10s. on premium account.
0 per Share on Ist January, 1866, £1 10s. being
2io A ea capital account, £1 on premium account.
u Per Share on Ist March, 1863,£1 10s. being on
47 10
capital account, £1 on premium account.
oth being £5 capital, lee. premium-
tllegea Iseu a at £3 10s. per Share premium to
Lint;.o 0
Per Share on application ; being on capital ae-
-2 10 unt.
0 per Share on allotment; £1 being on capital
110 e account, £1 10s. on premium account.
Per Share on Ist January, 1866 ; £1 10s. being
2 10 0 on capital account, £1 on premium account.
per Share on Ist March, 1866 ; £llos. being on
1 capital account, £l. on premium account.
48 0
Thetri being £5 capital, £3 10s. premium.
disse 00,000 New Shares will participate in the next
aceordio bution of profits, pro rata with the existing Shares,
\iv gto the amount of capital paid up thereon ; the
op .!.able option will be, however, reserved to the holders
41t these Shares of paying upou any of them therwhole of
'6uothe above instalments at any time previous to the date of
last instalment, viz., Ist March, 1866, on paying the
the 30tb. September last, at the rate of 20 per cent. per
annum on the £5 on capital account; the Shares so paid
half
be then entitled to the same amount of profits next
'4u-3 ear as is declared on the existing Shares.
Interest at the rate of 20 per cent. per annum will be
charged on all instalments not punctually paid ; and any
'instalment not duly paid will render the previous pay-
/nents liable to forfeiture.
The Directors are aware that, in thus-admitting the Pub-
lic to subscribe for Shares, at a price so much below their
real value, they are departing from the practice generally
adopted in an issue of New Shares, of offering the whole
of them to the Shareholders; bet the Directors are so im-
pressed with the importance of increasing the area of
influence of this Company—influence second only in im-
portance to capital to a Company like the Credit Foncier
-and Mobilier of England—and have had such proofs, in the
result of the issue of Shares a year ago, of the sound policy
ofhat adm itting the public to a participation in such issue,
t they feel confident of obtaining the approval of the
Shareholders in the course they have adopted.
The following calculation will guide investors in estime.t-
illg the intrinsic value of the Shares, after the dividend and
Plated
bonns now declared are paid, and when the issue is cora-
The Capital paid up will amount t0.....£1,000.000 0 0
ThThe General Reserve Fund.,,,,, 500,000 0 0
e Dividend Reserveloo,ooo 0 0
, profits not divided.............. 50,805 4 9

£1,650,805 4 9

Equal to above £8 ss. per Share on the whole 200,000
Shares.
So that the public, on subscribing £Blos. per Share (being
capital and a 10s. premium), are being admitted part-
ners in this Company by only paying 55. per Share pre-
Num, as premium ; £8 ss. per Share being actually repre-
sented in value in the assets of the Company. Over and
above these advantage; there is the probable enhanced
value which will attach to these Shares, in the same way
that the Shares issued to the public at £2 13; 4d. premium
in September, 1864, after having received £1 per Share in
April last as dividend and bonus, are now worth £5 ss. per
Share premium, making together £6 ss. for what they paid
£2 13s. 4d. for, being in one year more than 140 per cont.
increase in value on the amount paid for premium.
The Directors feel that with a paid-uital of
1,000,000, a general reserve fund of £500,000p , acap dividend
reserve fund of .£lOO,OOO, making a total of £l,
any
600,000,
they will be in a position to meet the exiencios of business that may be brought before them ; it is, however,
the intention of the Directors to increase, out of future
profits, the dividend reserve fund to £200,000, being in
accordance with the plan announced in the last report, to
have always in hand one year's minimum dividend at 2.0
vsr cent. per annum, calculated on the amount of the capi-
tal paid up for the time being.
The Directors further wish to place on record their deli-
rate opinion and conviction that this Company is des-
tii:led in a very short period to take a foremost place among
leading monetary institutions of the country.
APplications for Shares may be made in the form an-
r,eed, and must be accompanied by the payment of £1 per
Srr,?arse.it
wShiloluelxdteanlzs number be allotted than is applied
the sum paid on account of such application will, so
00 allotment. be applied in payment of the sum duo
Pr
nspectuses, Forms of Application for Shares, and
had of tho Half-yearly Report, just published, may be
it,`,_en application to the Bankers, Solicitors, Stock
17":"ers, or of tho Secretary, at the Offices of the Company,
4,111 d 18, Cornhill, E.C.
he lists of Application for Shares will be closed on
013rsdy, the
2d Nov., at Four o'clock, for London, and
anplil'atio
ns mu
I!,y, tho 3d Nov., at Twelve o'clock, for country
cattonsts,
be befo
ma re the expiration of which time all appli-
14°nden,de.
Oct. 20, 1865.

General Public.
Form C.
PORM OF APPLICATION FOR SHARES.
IN-0 (To be retained by the Bankers.)
110 tla . ----7-----
0 Directors of the Credit Fonder and Mobilier of
England (Limited).

Gentlemen,—
beinitving paid to your Bankers* the 7
the I,' a deposit of .E 1 per Share on New Shares in
It,
~redit Fonder and Ifobilier of England (Limited), I
-anr,l,jbY request that yoll will allot me that number, and I
nefe t° accept such Shares or Fi2v less number you may
rei"1"4443, on the terms of the Pros'peZtils, at £3 10s. pre_
talent Per Share, and I agree to pay eh&
tr, siul°llt, and the other instalments as they
amount duo o
becomei duo,
tie
n thticles of Association if required, ant l_ antilo-
p," You tert my name on the Register of Menibin's for
4', cot Shares so allotted to me.
Usual Signature ................
..............
Name in full ...............................
Profession
Residence ......................................
....................
Data .....
.................................
............... 1865
* Insert Bankers' •names.

It was proposed, seconded, and carried unanimously,—
" That the Balance-sheet and Report be, and are hereby
approved, confirmed, and adopted."
It was also proposed, seconded, and carried unani-
mously,—

" That the best thanks of this Meeting are due, and are
hereby given, to the Governor, Deputy-Governor, and
Directors, for the great care and attention they have given
to the interests of the Shareholders, and for the extremely
satisfactory results which have arisen therefrom."
It was also proposed, seconded, and carried unani-
mously,—
" That the cordial thanks of this Meeting are eminently
due, and are hereby offered, to Albert Grant, Esq.,
M.P., the Managing Director, for the talent displayed by
him in the administration of the affairs of the Company."
It was further proposed, seconded, and carried unani-
mously,—
" That the thanks of this Meeting be given to Alfred
Lowe, Esq., Secretary, for his unvarying attention and
to him and the other Officers of the Company for their in-
dustry and zeal duriug tha-pa ciLhalf Toar.
By order of the Court of Directors,
J. STUART WORTLEY, Governor.
ALFRED LOWE, Secretary.
17 and 18, Oornhill, London, 24th Oct., 1865.

•
THE CREDIT FONCIER and MOBILIER
of ENGLAND imite.
The PROSPECTUSES and FORMS of APPLICA-
TION for the SHARES of the New Issue of Capital in
this Company are NOW READY, and, as well as copies of
the Half-yearly Report and Balance-sheet, can be obtained
at the Company's Offices.
ALFRED LO WE, Secretary.
17 and 18, Cornhill, London, Oct. 24, 1865.

ATLANTIC AND GREAT WESTERN
RAILWAY.