The Sun.
London, England, 1865-06-19 00:00:00

street.

SOLICITORS.
Messrs. Newbon, Evans, and Co., Nicholas-lane.
Messrs. Cotterill and Sons, Throgmorton-street.
BROKERS.

Messrs. Seymour and Terraor ton st ree t.
Messrs. lichens, Harrison, and C,dneedle-street.
SECRETARY (pro tern.)
J. D. O'Brien, Esq.
Temporary Offices-21, Austinfriars.

• PROSPECTUS.
-Luis Company has been formed by the amalgamation of
the following London Firms, for the purpose of carryittg
ca'rt and extending thir business ai Merchants under the
spiut-Stock Companies Act, with limited liability.
Messrs. Robinson and Fleming.
Messrs. Redfern, Alexander, and Co.
Messrs. Lane, lankey, and Co.
Experience has shown that undertakings established
Upon,‘ the principle of limited liability can successfully
rarY out the most confidential operations of banking and
anee, and the Directors feel assured that mercantile
transactions will now be even more freely entrusted to a
'`34ll3any so formed than to private firms. It is believed
that the periodical publication of a balance-sheet, with the
keurity afforded by a large uncalled capital, will, when
cerabined with the personal management of a board of ex-
perienced merchants, attract business of the best class,
under permanently favourable conditions.
firms
basis of the arrangement with the amalgamated
• 4."1-u3 is as follows :
J. All the liabilities and obligations of each house are
° be liquidated altogether independently of the Company,
et
Icept where any such may hereafter he agreed to be taken
Over by the Board as new and desirable business.
• 2. The partners of each house bind themselves not to
cuter into any fresh mercantile operations in England of a
siluilar character during ton years ; and the completeness
of the transfer, with the efficient management of each par-
sersf business, is insured by tho leading mem-
of the three firms joining the Board and remaining as
Directors. The qualification of each Director is fixed by
the Articles of Association at £lO,OOO, to be held in the
Stock of the Company.
3. The total goodwill of the amalgamated firms will be
taken, one-third in Shares with £5O paid, and two-thirds
in Debentures, payable with 5 per cent. interest, in equal
annual instalments over ten years, thus identifying the
interests of the vendors completely and continuously with
that of the Company.
The total amount thus paid to the three firms for good-
Will in Shares and Debentures will be £375,000, which
sum is calculated upon their actual profits for three years ;
without estimating any increase from new business, or
"lags which will be effected by the amalgamation, and
rsuming only the resent pofits of the united firmst a
arge dividend may, p
therefore,r be anticipated on the paid-
-111) capital, from the establishment of the company.
The amalgamated firms and their immediate connexions
are prepared to subscribe for a large portion of the pro-
Posed capital ; but as it is believed that the influence and
prosperity of the Company will be increased by establish-
411g it on a wide and a public basis, and that many inves-
`ol's will gladly seize the opportunity of thus becoming
merchants without the unlimited risks of partnership, the
'rectors have decided to open the subscription to the
ile meet the wishes of those who may desire to pay up
at once the amount that is intended to be called on the
shares, it has been decided to allow such prepayments to
foe extent of £5O per share, and such shares will then rank
°l' dividend in proportion to the amount paid up. A
separate form of application for such shares is enclosed.
t. There will be no promotion-money paid for the forma,-
I°4, of the Company.
itAPplications for shares, accompanied by a remittance for
The
deposit, may be made to the Bankers and Brokers.
"ne Articles of the Association are open for inspection at
the Office of the Solicitors.. •

FORM OF APPLICATION FOR ORDINARY

SHARES.
(To be retained by the Bankers.)

No...___
To the Directors of the London Merchants Company

(Limited).
t.„4entlemen,—Having paid to the Bankers,
40 sum of £ , being a deposit of £2 per Share on
Shares in the above Company, I hereby request that
Sou Will allot me that mimber and I agree to accept such
t ilares or any less number you may allot to me, and I agree
Pay the sum of a per Share on allotment, and I autho-
tile ''se you to insert my name on the Register of Members for
Lumber of Shares allotted to me.

Usual signature
Name in full
Residence
Profession
Date

_1865