The Sun.
London, England, 1865-07-12 00:00:00

REMEMBER YOU WILL SEE YOUR
FRIENDS at " EVANS'. " After the Opera we
shall Sup there!

IiINAHAN'S LL WHISKY v. COGNAC
B RA N D Y.
Tuts °cit.:rated Old IRISH WHISKY rivals the finest
C
FRENH BRANDY,
It i 4 Pure, Mild, Mellow, Delicious, and very Wholesome.
Sold in Bottles, 35. Bd., at the Retail Houses in London ; by
the AZents in the principal towns in England ; or wholesale
at

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

%THAT A STUPID FELLOW YOU ARE
buy one of
to bite off the end of your Cizar, when you can
" BUTCLIER'.3 PATENT KEY-FLING CIGAR,
NIPPERS" for a Penny. S,AI everywhere.

MUTUAL LOAN FUND ASSOCIATION
(Incorporated by Act of Parliament, 1850),
14, RUSSELL-STREET, COVE NT-GAR DEN,
LENDS 1110NEY 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 Capital of this Associa-
tion enables it to complete Its transactions without delay.
No Inquiry or office fees, and strict secrecy observed. Bills
Discounted at short notice. Form sent free on receipt of a
directed stamped envelop
The Associitlon 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
RECLADIATIoN COIIPANY.
Incorporated by Special Act of Parliament.
Capital £2,100,000,
In 21,000 Scrip Certificates of £lOO each, to bo 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 bo exchanged, under the provisions of the
Act of Parliament, for Registered Shares of £lO, and the
Shareholders will bo credited in the books of the Company
£2 in respect of each Registered Share.
The Right Hon. the Lord DoDIRECTORS. Ta,bley.
G. Sclater-Booth. Esq., M.P., Member of Sewage Commit-
tees, 1864 and 1866.
The Lord Richard H. Browne.
James Pattison Cuirie, Esq.
Maurice Drummond, Esq.
Arbuthnot G. Guthrie, Esq.
Charles J. Lambert, Esq.
Joseph S. Leacher, Esq.
The Hon. Henry W. Petro.
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.

ENGINEERS.
G. W. 'lemmas, Esq., C.E., &c.
J. F. Bateman, Esq., C.E., F.R.S., &c.
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 Scotland and Branches,
The Union Bank of Manchester,
The Bank of Liverpool,
The Birmingham Banking Company,
J• Barber Kennedy and Co. (Dublin),
The Northern Banking Company (Belfast),

Will also
receive
Subscriptions.

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 Com-
pany, 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 to 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 from 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" for a period of 54 years from the passing of the
Act, but makes the following provision in reference to the
application of the not profits resulting from the scheme
after 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-
rowed," and of the " working and establishment espouses,"
the net profit shall be applied—
s,l.
hare clnpaty ament of interest at 5 per cent. per annum on the
4,payment in equal moieties to the shareholders and
me Metropolitan Board of the further profits up to 15 per
cent.
1,3. In division of profits exceeding 15 por cent. and up to
sao!)er cent. between the shareholders and the Metropolitan
rd, in the proportion of one-fourth to the former, and
three -fourths to the latter.
4. After 25 per cont. the division again to become equal.
The (Aloft
of
of these stipulations is, that while the Metro-
rlitan Board are virtually to receive half the profits, yet,
atl 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
the and the division is then continued equally. Thus,
share capital of the Company derives the advantage of
'no entire capital, approaching three millions sterling, ex-
pended by the Board on the north side of the Thames, for
the collection of the Sewage at the point of its delivery to
ttle Company.
At the expiration of 34 years the Board have the right,
con giving two ears' notice to reqire a revi
tration of the above apportionmentu sion by arbi-
of profits.
The Concession stipulates for the construction of a circu-
lar 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 passes, and to utilise the surplus upon
the reclaimed land.
A contract has bean 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 the amount 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;
in all £2,400,000. The Act authorises the Directors to raise
the amount of £700,000 in debentures, 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-
'Bent, 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-
vided.
On payment on the 2d October next of the .£lO er Cer-
tificate then duo the Certificates of £lOO will be excphanged
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.
Applications in the annexed form should be left with the
Bankers, 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.

No. -----
To the Directors of the Metropolis Sewage and Essex
Rclamation C
Gentlemen,—Having paid to ompany.the sum of £
being a deposit of £2 per certificate on certificates, I
request you to allot to me certificates of £lOO each,
in the Metropolis Sewage and Essex Reclamation Cora-
Piny, in conformity with the Prospectus issued by the
hereby
International Financial Society (Limited) ; and I
agree to accept (subject in all respects to
terms of the said Prospectus), such certificates,
ityleany less number that may be allotted to me, and to pay
fixertl du° on allotment thereof, at such time as may be
sum of £to° Letter of per Allotment,certificateon2dOctob ande r, 18
top6as.y the further
I am, Gentlemen, your obedient servant,
Signature
Name in full
Address in full
Residence
Date

ROYAL FREE HOSPITAL, Gray's-inn-road,
in the Immediate vicinity of the Great Northern Rail-
way Terminus, hing's-cross.
Patron—Her Most Gracious Majesty the QUEEN.
Viee'Patren—llis Royal Highness the Prince of WALE 8, K.G
President—llis Grace the Duke of BUCCLE UCH. K.G.
, I he Committee earnestly solicit the ASSISTANCE of the
comaucolent, as the premises of this Hospital are capable of
imnr: several hundred more beds, had the Committee
the rNuisite Wads to maintain them.
this Hospital, founded in the. year 1828, the first to estab-
lish the princip'e of free admission to the sick poor, without
the delay and dithculty of Governors' orders, is wholly de-
Pendent for support on voluntary contributions and legacies.
,dition tl this,
It affords relief to a large number of in-patients, and, in
the average number of attendance of the
destitute sick has for a con iderable period averaged between
Esq.,
8,000 and 4,000 weekly.
Contributions are received by the Treasurer, Edward Mas-
Dr rinan, Nicholas-lane; also by Messrs. Coutts and Co.:
uMmond and Co. ; Glyn and Co. • 'Terries and Co. ; Ransom
;
Varclay and Co. ia Co.; Prescott, Grote, and Co'. ; Smith, Payne, and Co.;
W Mama Deacon, and Co.; Overend, Gur-
teY, and co. ; Nisbet and Co. , Berners-street ; I. Barned and
°" Liverpool ; and at the Hospital. from 10 till 5.
STANFORD SHIT Er, Secretary.