The Sun.
London, England, 1865-09-26 00:00:00

EXAMPLES OF PREMIUMS REDUCED BY BONUS.

No. of Sum Ahnu,.l Reduced Premium
Policy. Insured. 1 Premium. I now payable.

441.111 92,540 22Z s.
4 4 120 19 2
150,156 12,000 63 0 0 35 0 0
4'0,173 6,800 35 14 0 19 10 8
505 575 5,000 7 10 0 4 6 4

The RATES of PREMIUM are in NO CASE HIGHER
than those charged by the other principal offices giving no
330r!us to their Insurers.

The duty paid to Government for the year 11363 was
.t 34,15.2 11& 9d. ; the amount insured on Farming Stock was
.£10,203.?.72.

Fin. Ilrospectuses apply at the Society's Offices, 29, Fleet-
Street, E.C. ; and Surrey-street, Norwich.

THE LONDON AND AUSTRALIAN
AGENCY COMPANY (Limited).
Incorporated undor the Companies Act, 1862.
Capital £1,000,000, in 50,000 Shares of £2O each.
First Issue 30,000 Shares, on which only £5 per Share is
intended to be called up.
41 on ipplication, £1 on Allotment, Xi at Three Months, Li
at Six Months, and .£1 at Nine Months.
Of this issue 6,000 Shares have been apportioned to the Ven-
dors, Messrs. J. H. Clough and Co., leaving 24,000 for allot-
ment to the public.

TRUSTEES.
Sir Sibbald David Scott, Bart., Director National Provincial
Bank of England.
,amouel Waterhouse, Esq., M.P„ Director Great Northern
Railway.

BOARD OF DIRECTORS.
J. B. Alexander, Esq, Director Railway Passengers Assur-
ance Company.
George Clive, Esq., M.P., Perrystone Court, Ross, Hereford-
shire
it. A Coffey, Esq. (late of Melbourne), Director National Pro-
vincial insursnce Company.
George Cook, Esq. (Messrs. Bradbury and Cook), London.
Colonel Elsey, Director Bank It London.
Itarvey Lewis, Esq., M,P., Director National Bank.
Joseph Thomas, Esq., Manchester-buildings, Liverpool.
J. H. Clough, Esq., J.P., Melbourne, Victoria (Managing Director in Australia).
(With power to add to their number.)
BANKERS.

Bank of London.
National Bank, and all its Branches.
-Halifax and Huddersfield Union Banking Company.
Yorkshire Eanking Company.

BROKERS.
Messrs. J. C. and C. W. Morice, 1, Warnford-court.

SOLICITORS.
Messrs. Tamplin and Tayler, 159, Fenchurch-street.

AUDITORS.
Messrs. Lovelock and Harvey.
SECRETARY.
W. Wilson Rowes, Esq.
TEMPORARY OFFICES.
No. 34, Coleman-street.

PROSPECTUS.
This Company is established to facilitate the investment
of English capitat in Australia, and to assist generally in
developing, its resources.
its business will consist chiefly in making advances to the
Pastoral tenants of the Crown lands and others, and by
taking security on their stations, stock, freehold land, and
..t%.001, in accordance with the Mortgage and Lien Acts of the
Legislatures; in acting as agents for the sale of
wool and other produce in Australia, or for its shipment to
"L'ot;rland; in effecting the sale of stations and stork; and in
conducting a Financial and General X2ency business.
-`rllv sec
Yhe Company, therefore. will advance capital only when
ti ured and do not intend to enter into any tranbac-
_
Operations will be commenced by taking over
pt Messrs. J. H. Clough and Co., of Melbourne, which has
been c stablished upwards of ten years, and which shows
to average profit per annum toe the last six years as fol-
lows :

From June, 1E53, to June, IEO4, six years.
Commissions Trade expenses Average Profit
Profit earned. paid. per annum.
4.!32,671 13 6 .X 32,943 18 8..X19),730 14 10 or £33,218 9 1
Th se profits have been realised principally by commissions
on advances and sales of wool, stock, and stations.
The extensive connexion with the producers thus acquired
Will fc,rm tae basis of tie Comt.any's ooeratons ; the returns
Of the business show, as above, an average profit during the
last six years of upwards of thirty thousand pounds per
."Ilum, and the facilities for the extension of the business,
Lo be afforded by the introduction of augmented eapi. al and
credit will enable the Company to realise proportionately
increased profits.
Jhe purchase of the goodwill of the business has been
ftrceted on very advantageous terms, the amount to be paid
tieing less than two years' profits, the whole of which will be
received by the Vendors in Shares, subject to proportionate
reduction should a net profit of £30,000 per annum on a three
Years' average not be realised, as stated in the terms of pur-
chase, copy of which, and also of the Articles of Association,
can be seen at the Offices of the Solicitors.
One-half of the amount of the above purchase money will
pa'd to the Vendors by six thousand shares (with £5 per
share paid up), out of the present issue, and the remaining
half in debentures of the Company, to be converted into
Shares ot the next issue, such debeatures or converted Shares
to be held by the Board for the purpose of guaranteeing a
dividend of 10 per cent. por annum for three years ; and the
Vendors have also agreed to place their services at the dis-
rosal of the Company for the same period to co-operate with
the Manager, who will be appointed by and act under the
direction of the Board in London.
The premises in which the business is at present carried
on have been purchased by the Company, subject to a valua-
tion ; ttiey are situated in the principal street in the city of
elbourne, in immediate proximity to the terminus of the
Government Victorian Railways ; and for proportions, style,
nod convenience, surpass Theydin for similar purposes
in the Australian colonies. were erected at a ccat of
Mout £30,000 by the present proprietors, and were especially
,tleBiglied for the wool trade, with stowage room for from
a5OOO to 20,060 bales. having hydraulic presses, lifts, and all
other necessary appliances.
The business thus secured, and connexion obtained, will
enable the company at once to assume a pos tion, and obtain
results which would otherwise take years to effect.
It ts rosed to take powers to rrow money o bonds
'lr debentures: the difference betwbeeon the English rate of
borrowing* and the high Colonial rates for lending on mart-
Rage Neill form an additional source of revenue to the Corn-
PanY; and powers are also propos,xl to be taken to increase,
41 required, the capital of the Company.
The prospects of the Company are identified with the pro-
gress Of the Australian Colonies, which, without doubt, pre-
Bent the most valuable field for the investment of British
;Ittlital now known. The pr,gressive increase in the cyan-
id. of
wool exported from Victoria alone is seen in the I°l-
'41113g statement, viz :

Pounds.
1861-2 it amounted to .. 16,274,€99
1862-3
1863-4
And that large securrties exist on which the capital of the
Co
th-mPany can be profitably employed is shown by the fact
'41., although the value of the live stock property of the
;cluatters of Victoria alone, estimated from Govenment re-
Urns in 1862. was £10,000,000 sterling, yet there gistered
tmount advanced to them on such securities in the same year
under £2,000.000.
o"Underthe Articles el A ssociation, the qualification for each
W drector is fixed at £4,or 0 at least, to be held by him in his
ri right in the Shares of the Company.
„The success of the Vendors, their confi ,nce in the prospects
the Company, evidenced by their w llingness to accept the
Purchase money of the goodwill of the business in Shares,
11 by giving the material guarantee above-namtd, and the
b. e scope for profitable employment of capital, justify the
,_trectors in recommending. this undertaking as an invest-
;ent of the most satisfactory kind, especially as the liability,
t,'4lc, delay, t,nd competition, which the establishment of a
tW business involves will be avoided, and the operations
,:1,1 be increased a Coan caital and of
trusted
will form a b
g yuaranteemp for allthe additpional businesscredit en-
411sted to it.
be the formation of this Company no promotion fees will
rrosectuses and Forms of Aplication for Shares ma be
WiLd at p
the Bankers, Brokers, Solicpitors, or at the Officers of
Ae Company.
q'ttplications for Shares must be accompanied by a deposit
b £1 Per Share in the event of no allotment the money will
toe returned in full ; it a less number is allotted than is applied
tots the surplus amount paid on application will be applied
1541'eards the payment of the £1 due on allotment, and the
"lace, if any, returned.

To APPLICATION FOR SHARES.'
the Directors of the London and Australian Agency
Company (Limited).

Gentlemen.
a 4ving paid to your Bankers the sum of £
op,l3osit of £1 per Share on Share in the above
.PattY, I request that you will allot me that number, and
Shaee to accept such Shares, or any number you may allot
re ; and I further agree to pay the the sum of £1 per
znale on allotment, and also to sign the Articles of Asso-
INA °II when required, and I hereby authorise you to
1111-rt my name on the Register of Shareholders for the
14b" LI Shares so allotted
Usual signature
Name in full.
Res;deuce
Profession
Date

' d
OYAL FREE HOSPITAL, G ray s-inn-roa ,
in the immediate vicinity of the Great Northern Rail-
“srminus, cHt h ospital founded in the year 1828, the first to stab-
flie dele principle of free admission to the sick poor, without
Peraay and difficulty of Governors'
.orders, is wholly.de-
i-is,ent for support on voluntary contributions and t .!2;ivues
tod"..!lir,rds relief to a large number of in-patients, and, in
tik._;•Llon to this, the average number of attendance of the
alljtute sick has for a considerable period averaged between
and 4,000 weekly.
b(rtu„, Committee earnestly solicit the ASSISTANCE of the
the eo4,,(net, as the premises of this Hospital are 'capable of
r'ining several hundred more beds, had the Committee
t4;Co equisitelunds to maintain them.
rantributions are received b- the Treasurer. Edward Mae
brun'', sq., Nicholas-lane; also by Messrs. Coutts and Co.;
and —(.l,llond and Co. • Glyn and Co. ; Herries and Co. ; Ransom
ttsrei;')*; rrescott,'Grote and Co.; Smith, Payne, and Co.;
4„ey Z.,Y,,,u,d Co
; W
Deacon, and Co.; Overend,
,0.; Nisbet alms'Cc, , Berne'rs-street ; I. Barned and
Liverpool ; and at the tiospital. from 10 1111 5.
STANFORD SALIM Secretary.

SAILORS' ORPHAN
11011 E, Hampstead.
PATRON—TI
TRIM'

GIRLS' SCHOOL and
Offices, 77, Cornhill.
ie QUEEN.
CEES.

Capt. the Hon. Francis Maude, I The Rev. Canon Champneys
R. LI Thomas Baring, Esq., M.P.

TREASURERS. _
R. C. L. Bevan, Esq. Robert Hanbury, Esq.
This Institution is designed to supply a great national
want, viz., an asylum for the orphan daughters of sailors in
the Royal Navy and Merchants Service and of dlarines.
It clothes, maintains, and educates them for domestic
service, and provides a home free of expense for former
inmates while out of situations, thus shielding them from the
temptations they might otherwise be exposed to.
The Committee earnestly APPEAL for CONTRIBU-
TIONS to meet the increasing applications through the
recent storms and loss of life at sea, and o enable them
eventually to obtain premises more commensurate with the
necessities of this great maritime country, which loses 2,000
sailors annually by casualties alone, without including those
who may perish by war.
Subscriptions thankfully receiv by the bankers, Messrs
Barclay, Bevan, and Co., Lombard-street, and by the Secre.
tary, at the Offices, No. 77, Cornhill.
R. SWEETTNG, Hon. See.
CHARLES NASH, Sea.