The Sun.
London, England, 1862-11-13 00:00:00

BANK OF BRITISH NORTH AMERICA.-
Incorporated by Royal Charter.
NOTICE IS HEREBY GWEN, That a GENERAL
MEETING of the PROPRETORS of the BANK of
BRITISH NORTH AMERICA will be held on TUESDAY,
the 9th day of December next, at the Office of the Corpora-
tion. 7, St. Helen's-place, Bishopsgate-street, at One o'clock
precisely, to rececve a Report from the Directors
By order of the Court.

C. lit`NAß, Secretary.

7, St. Helen's-place,
London, Nov. 11, 1862.

THE Sr. CUTHBERT LEAD SMELTING
mPANY ;Liited).
To be registered c
w o
ider Companimi.s Act 1862, whereby the
liability of the Shareholders will Ice limited to the amount of
their subscriptions.
Capital £75,000, in 15,000 shares of £5 each.
Deposit on applkation 10s. per share, and on allotment 108.

pei share.
Calls not to exceed Zl, and not to be made at less
Intervals than three months.

DIRECTOR
Lord M. W Graham, 3LP , Chairman
of West London Land
Company. •
The Hon. T. L. Maliburton, M.P., Chairman of Vancouver
Coa, Company.
Hon. Colonel R. T. Rowley, M.P., Director of West London
Land Company,
A. Ails n, Esq.. late Firm of Alison, Merry, and Coningham,
Glasgow.
Lieut. nant-Colonel Mon,,y. Director of the anadian Native
Oil Company.
John Reid Id a,lct nzie, Esq., Glasgow.
With power to ~dd to their number.
AUDITORS. _ _

Messrs. Coorer Brothers and Co., Public Accountants, 13,
George-street, Mansion-house.
Messrs. Faithful. Cookson, and Co., Accountants, 95, Grace-
church street, E.C.
BANKERS—The Imperial Bank, Lothbury.
BROKERS—M. ssrs. Woolley and Coates, Tokenhouse-yard.
BoLiciTons—Alessrs. Desborough, Young, and Desborough,

6, "3 i se-
CONSULTING ENGINEERS -Messrs. Phillips and Darlington,
Moorgate-street Chambers.
CILETARY—J. W. Lambert Smith, Esq,
Temporary Office—17, Gresham-street, Old Broad-street.
PROSPECTUS.
This Company has been established for the purpose of
working the rich deposits of Lead Ore and Slags occurring at
the Priddy Minery on the Mendip Hills, within three miles
of Wells, in Somersetshire, where an accumulation of lead-
producing debris, estimated at 600,000 tons, has been dis-
covere and which is calculated to contain at least Nine
Eundred Thousand Pounds' worth of that metaL
This large deposit is, doubtless, she remains of very ancient
mining and smelting operations, and the old miners, having
taking advantage of the locality, have evidently brought their
ores to be washed and smelted on the banks of the rivulet
vt,

'hich flows through the valley.
Tic quantity of ores thus brought, the imperfect means
formerly available for saving the finer par s f mineral, and
the large per tentage of metal left in th, old slags, have re-
sulted in the accumulation at this spot of vast quantities of
fine slime, mixed with fragments of slag, filling up the whole
depression of the valley to a thickness in some places exceed-
ing 3 feet, and extending over an area of 25 acres.
The improvements which have of late years been introduced
in the washing and smelting. of lead ores are such, that these
residues of the ancients can now be rendered commercially
availab'e, and large quantities of metallic lead of the finest
quality may be obtained ; all that is required to insure this
result being a sufficient amount of washing machinery and
proper furnaces under the direction of a practised smelter.
In this undertaking there is none of the uncertainty neces-
sarily atten -ing all mining Operations. The question is
simply one of washing and subsequently smelting the pro-
duce of a deposit the amount and yield of which are well
known before commencing operations.
The property is situated only three miles from the railway
station at Weak and when the deposit has been all worked
out, which, with vigour, can be accomplished in about thirty
years, the land and works will still be the property of the
Company, and available for smelting ore from the adjacent
mines.

The lease is for a term of fourteen years, held under the
Ecclesiastical Commissioners, renewable for ever, :lid the
royalty only 1-18th, which is very small compared with the
royalty on mines.
The machinery and appliances on the property are of the
newest and moat approved desert tion, and cnpable of pro—
ducing about 411 tons of metallic lead monthly, but a small
additional outlay will enable the returns to be increased to at
least 100 tons monthly.
The Directors have been enabled to purchase the whole Di
the above very valuable property, together with all the ma-
chinery, dressing apparatus, smelting furnace, &c., for the
sum of £65,(0;`, and have reason to believe that it is capable
of yielding an annual profit of at least £12,000 per annum for
the next thirty years.
For a more eetailed description of this property and its re-
sources, the Directors would reter to the reports of Professor
Ansted and Messrs. Hopkins, Ennor, and Phillips, which
may be obtained at the Offices of the Company.
In the event of the Directors not proceeding to allotment
the deposits will be returned in full.
Full Prospectuses and Forms of Application may be ob-
tained at the Temporary Offices of the Company, 17, Gresham
House, Old Broad-street.