The Sun.
London, England, 1862-12-01 00:00:00

THE SOUTH AFRICAN nIREGATION and
iNvEsTMtNT COMPANY (Limited),
To be incorpoi ated under the Co NY
Act, 1862,which
specially limits the liability of each Shareholder to the
amount of his Shares.
4 al'ital £1,000,000, in 20,000 Shares of £5O each. (Power
,0
_nerease.) First issue 10,000 shares.
irni'Deposit on application £1 per Share, and a further pay-
,eer.:stiaarXe,lapne(ri
,S:litre on allotment. Calls" not to exceed £2
oree P:lonths' interval between each Call.
GI not tidedintended call up more than £lO per Share.
John Bar _ DIRECTORS.
do, ' IY, :Esq.. Merchant (Barry and Nephews), Lon-
James Africa, ,C ape Town, Director of the London and South
ph Bank.
Gra, 'lack, Esq., (Black and Co.), Merchant, London,
Ai„ nant's Town, and Port Elizabeth.
v4ander Croll, Esq (Alexander Uroll and Co.),Merchant,
k ,L. endon and Port Elizabeth.
"(lured Jarvis, Esq , London (late Chairman of the Com-
ee ercial Bank, Port Elizabeth).
LurY.Sherrnan, Esq., Merchant (Levicks and Sherman),
J °neon and Cape Town.
°.,seph Mosenthal Esti ';Merchant (Mosenthal and Co.),
London, p , ' , '" 11
John p , ort Elizabeta, and Cape Town.
L aterson,Er,sq. (T:'atersor.,Kemp, and Co.), Merchant,
A ‘ii
,orridd oßna,naknoclf ‘,l2a,
rpi,at i
81
sGoouo
tdh o
Af
fHriocpae:Director of the Stan.
,n
iStewut.
Esq., Merchant (Stewart and Co.), Liver-
Is'6°:.,'!t'Al Port Elizabeth.
Lo,
~' an der 80, Esq., merchant (Van derßyl and Co.),
414 cm, Cape Town, and Port Elizabeth.
The
BANKEIiS.
Alliance Bank of London and Liverpool, Lothbur
London, and The Albany, Liverpool. y,
SOLICITORS.
kessrs. Flux
/)1e,,, and Argles, Mincing-lane, London.
B a waits.
'IL J. and J. Whitehead, 8, Moorgate-street, London.
TEMPO,RA.RV OFFICES.
No. 27, Moorgate-street, London.
SPE.CTanUd
irrigationpisu'rebsilltiaoebtliatehdAfrleaanPßlnvestment Company
with view to aid in the furtherance of those
in,. 01 utidertaki-ngs in the South African Colonies, includ.
b'wb? e, aPe Of Good Hope, British Kaffraria, and Natal,
regutinitl their resources may bo more fully developed ; the
most , e:lng in the opinion of the Directors, certain to prove
Th•atisfactory to those who embark their capital.
Objects Company's operations will embrace three main
1S ,t.
2That of a Land and Irrigation Company.
itn,That of a Public Works (more especially a Light-
ta",,l'aving, and Water Company) ; and
ii-I That of a Trust, Loan, and Investment Company.
jeot, • hat 3 seemed wise to the Directors to combine these ob-
. bale,p
atri sadMnpany, since, while all are entirely corn-
'
liervaift Inerit) the heavy expenses...al-offices,- -maces,-directions, and
,p, 8 for bevlrate cotnpanies will then by be avoided.
Irrigation;l7,3lh.ilei7ernoeeuttihrigAtfhreicawnants and Investment Company,
Ats')BYiatahreaSorth
to most keenly felt at the present
.
African Colonies, cannot fail to realise
1/108: a Land
ders ample returns upon the capital.
~,, , and Irrigation Company it will enter Upon. a
sou iPr"'"isulg field of operations. Lirge tracts of fertile
th along the rivers, din the great karma or plains of
, ;i country
13 ~ are to be' and
at very low prices, which,
oars rrig•afi,..._
"'ot Wo'eks, in dams, tanke, or water leadings from
tieg,,'l4ay be converted, by no great outlay, into proper-
retti-lanY times their origi-aal value. The Government
ills for 1860 of the value of landed estates in these
colonies show that where by private enterprise irrigation
val4B have been constructed on farms, the enhancement of
11-11: ~.has beep from five to tenfold; and as such results
facie„,'een• aehieved by private enterprise, yet more sada-
or?,V7 results may be looked for where labour is more
ii,`"Bed and scientific skill is brought to bear.
t 0 le-cal
Vill';Cerepany will not only purchase lands with a view
',ale after the construction of irrigation works, but
axe con.racts fo
rt the construction of like works upon
teiz eirtinient and prive lands. It is known to be in co.n-
trodlHation in next session of the Colonial Parliament to in-
pe uee a bill to facilitate the construction of a series of G-9-
aulltriellt tanks, and to secure on the capital employed in
Of eaf
.'''C'l.kB On Government land a Government guarantee
A_ east 6 per cent. per annum.
AfriB 4 Public Works Company for the towns of South
1t to,ea the prospect is equally inviting. There is scarcely
tee "4,4 magnitude which is not now prepared to offer
t at liberal and remunerative terms to this Company, to
gee/lie to it a constituted Water and Gas Company; and
port Elizabcth (now the commercial capital of all il,outh-
seleria Africa), can'sed a Bill to be introduced into last
Pro 11 of the Colonial Parliament, charging the whole
ts,(l,:j(elorty of
the town for £BO,OOO, to guarantee at least
The eel' annum on outlay for works for water supply.
Irectors feel that the present is a most favouralVuebEo-
Worittety for the establishment of a Compan for
to ooh, ?MI they confidently anticipate that thqywill be able
Elt,„—JteM arrangements with the authorities at
.Potrt
C Eat,„
heth to become its Lighting, Paving, and 11( a er
ta°o,-,vallY, so as to ensure a most favourable commence-
be -' of business and facilitate future operations. It may
itia,,,7,e4tioned that in towns where, by authority of local
1a,,7, leipalilies, water-Works have been constructed, they
„-"e proved i, urces of very large profits on the capital
''vest
So e, and the only Gas Company in operation in
I)4lltti:lfrica pays annual dividends varying from 15 to 20
1 jtkfil a Trust Company a very considerable and profitable
iness cat.. be dine. It will be in position to offer very
%pie security to constituents and the following statement
of Felling prices of Shares in existing Trust Companies will
chow what may be done under this head
.......________

Name of Company.

ton,
4,;"0f Executors
ration for Administering
e,,!states
.I,citerat Estate, &e.,
t Elizabeth Guardian and

Paid up. SellingPrice
£ s. d. ---i— f--;.:-I.
1( 0 0 0 350 0 0
187 10 0 375 0 0
200 0 0 252 0 0