The Sun.
London, England, 1865-10-30 00:00:00

LONDON must have a SUPPER and MUSIC
ROOM for Gentlemen. Remember, we wait for you at
EVANS' after the Covent-garden Opera and the Theatres.

TIDE CREDIT FONCIER AND MOBILIER
OF ENGLAND (Limited).
Issue of 100,000 New Shares of £2O each, of which L 5 per
share will be called up by Instalments; no further Call
being Contemplated.
The issue will be made as follows :-50,000 Shares will be
allotted to the present Shareholders, and 50,000 Shares will
be allotted to the general public.
When the above issue is completed,
The Subßeribed Capital will consist of 200,000
The
Sh o
The P area
aid-i £?0 each
Capital . £4,000,000
1,000,000 General Reserve Fund
The Dividend Reserve Fund
100,000
DIRECTORS.
The Right Hon. JAMES STUART WORTLEY, aovernor.
"AM RS L E VICK, Esq., Merchant, King's } Deputy-
Arnie-yard
iA.IIIES NUG ENT DANIELL, Esq., Governors.
dames Childs, Esq , London.
•
William Dent. sea., Esq., Chairman of the Thames and
Mersey slarine Insurance Company.
./ilexander Dunbar, Esq..• Old Bioal-street, London.
(-kart" Hakim Lloyd's.
'l-;:eivPahne:DeprEsq., Cornhill, London.
)villnimo liar ison, Esq. (Messrs. Young, Harrison, and
Charl.,Marine InsurnantYce-Ccohamirpmaanny. of the Thames and Mersey
itichard Stuart Lane, Esq., Old Broad-street, London.
es ea Stuart
Newbon, Esq., London.
A enrY Pownall, Esq. J.P.. Russell-squar3. London.
Jo Mackrill Smith, Esq. (Messrs.' litackrill Smith and
„en.), Ohl road-street, London.
!Award Varner, Esq.. M. P., London.
James White, Esq. M. P. London.
Albert Grant, Esq', ALP., Managing Director.
The A BANKERS.
Tirgra and Masterman's Bank (Limited).
eNational Bank, London, Dublin, and its Branches in
land.
Niemen. Smith, Payne, and Smiths.
The National Bank of Scotland, Edinburgh, and its
Branches in Scotland.

SOLICITORS.
Megan. Newbon, Evans, and Co., Nicholas-lane, E.C.
BROKERS.
Messrs. 'Laurence. Son, ani Pearoe, 7, Angel-court, Throg-
,Jnorton-street, 8.C., London.
Messrs Rorsfall and Penny
Messrs. Todd and Ashton. LiverpooL
Messrs. Shore and Kirk, Manchester.

SECRETARY.
Alfred Lowe, Esq.
OrricEa-17 and 18, Cornhill, E.C.

PROSPECTUS.
the The marked success which has attended the opetions of
Credit Foncier and Mobilier of England (Limra
ited) is
-2-.1.-‘4 unexampled in the'hittory °rang commercial un-
dertag.
Thkine results of its operations have been so satisfactory,
that,. as will be seen by the half-yearly report just issued,
a dividend and bonus up to the 30th September, at the rate
of 40 per cent. per annum has been declared, being the
same dividend and bonus as was paid for the previous half-
year.
Besides these unprecedented results, the Company is in
the possession, up to 30th September, of a general reserve
fund of £200,000, of a dividend reserve fund of £lOO,OOO,
and has profits in hand up to the same period, after paying
the above-mentioned dividend and bonus of £50,805 4s. 9d.,
the paid-up capital being £500,000, making in all £850,805
4s. 9d., or above £8 10s. per Share.
The following is the business transacted by this Com-
pany :
This Company negotiates loans for colonial and foreign
Governments ;
other rail
Co-operatesways ;in the financial arrangements of British and
Makes advances to Corporations, Town Councils, and
other public bodies
Negotiates loans for public works;
Assists in the introduction of industrial and commercial
Undertakings;
Makes advances upon approved stocks, shares, bonds, &c.
. Makes temporary loans upon eligible freehold and lease-
business as is suitable to the capitalist, whether as principal
or agent.
The greatly increased and still increasing amount of
business offered to this Company, both by eminent private
lo
firma, companies, and corporations, has decided the Court
of Di
rectors to make their second issue of Shares, by al-
tting the remaining
capital of the Company, consisting
f 100,000 new Shares, on which, £5 per Share only is
10
ea
to be called up.
These 100,000 New Shares the Directors propose to issue
an follows, viz.:—
Fifty thousand Shares will be issued to the Shareholders
Au this Company who stand registered on the books of the entaPany, to be allotted to them at a premium of £2 10s.
Per Share, in the proportion of one new Share for every
two Shares now held ; and
Fifty thousand Shares will be issued to the general public
(including such Shareholders as may wish to apply for
Shares in addition to those they are entitled to as Share-
holders, to be allotted at a premium of £3 10s. per Share.
The premiums to be received upon this issue will amount
to £300,000, which will be added to the £200,000 already
Standing at the credit of the general reserve fund, and will
thus increase that fund to £500,000. The dividend reserve
fund being £lOO,OOO, the paid-up eapital will then be
£1,000,000.
hThe New Shares will be paid up as follows,
T
those issued at £2los. per Share premium to the Share-
oiciers
£1 0 0 per Share on application, being on capital ac-
count.
1 10 0 per Share on allotment, £1 being on capital
account, 10s. on premium account.
2 10 0 per Share on Ist January, 1866, £1 10s. being
2 10 on capital account, £1 on premium account.
0 per Share on Ist March, 1863, £1 10s. being on
capital account, £1 on premium account.

.....______
t 7 10 0 being £5 capital,premium.
„ On those Shares issued at £3 10s. per Share premium to
'ne general public, the following will be the mode of pay-
Ment
41 0 0 Per Share on application ; being on capital ac-
-2 1
0 0 per count.
Share on allotment ; £1 being on capital
1 10
account, £1 10s. on premium account. 0 per Share on Ist January, 1866; £1 10s, being
on caital accou£l on rium account.
210 0 Per Share on Ist arch, 1866 em ;
£llos being on
-.................. capital account, £1 on premium account.
48 10 0 being £5 capital, £3 10s. premium.
. These 100,000 New Shares will participate in the next
distribution of profits, pro rata with the existing Shares,
according to the amount of capital paid up thereon ; the
ofValf thesuable option will be, however, reserved to the holders
e Shares of paying upon any of them the whole of
the above instalments at any time previous to the date of
hehe last instalment, viz., Ist March, 1866, on paying the
,C,"ll3any back interest from the date of such payment to
30th September last, at the rate of 20 per cent. per
annum on the £5 on capital account; the Shares so paid
lip to be then entitled to the same amount of profits next
half-5 ear as is declared on the existing Shares.
Interest at the rate of 20 per cent. per annum will be
Charged on all instalments not punctually paid ; and any
instalment not duly paid will render the previous pay-
ments liable to forfeiture.
The Directors are aware that, in thus admitting the Pub-
lic to subscribe for Shares, at a price so much below their
real value, they are departing from the practice generally
adopted in an issue of New Shares, of offering the whole
of them to the Shareholders ; but the Directors are so im-
pressed with the importance of increasing the area of
influence of this Company—influence second only in im-
portance to capital to a Company like the Credit Fonder
and Mobilier of England—and have had such proofs, in the
result of the issue of Shares a year ago, of the sound policy
of admitting the public to a participation in such issue,
that they feel confident of obtaining the approval of the
Shareholders in the course they have
adopted.
The following calculation will guide investors in estimat-
ing the intrinsic value of the Shares, after the dividend and
bonus now declared are paid, and when the issue is com-
pleted :...
The Capital paid up will amount to £1,000.000 0 0
The General Reserve Fund 5OOOOO 0 0
The Dividend Reserve Fund
In hand, profits not divided

£1,650,805 4 9
Equal to above £8 ss. per Share on the whole 200,000
Shares.
So that the public, on subscribing £Blos. per Share (being
capital and £3 10s. premium), are being admitted p
i art-
ners n this Company by only paying ss. per Share pre-
tralun, as premium ; £8 ss. per Share being actually repre-
sented in value in the assets of the Company. 06r and
above these advantages, there is the probable enhanced
Value which will attach to these Shares, in the same way
that the Shares issued to the public at £2 13s. 4d, premium
in September, 1864, after having received
£1 per Share in
April last as dividend and bonus, are now worth £5 ss. per
Share premium, making together £6 58. for what they paid
£2 13s. 4d. for, being in one year more than 140 per cent.
increase in value on the amount paid for premium.
The Directors feel that with a paidp capital of
£1,000,000, a general reserve fund of £500,000, a dividend
reserve fund of £lOO,OOO, making a total of £1,600,000,
they will be in a position to meet the exiqencies of any
business that may be brought before them ; it is, however,
the intention of the Directors to increase, out of future
profits, the dividend reserve fund to £200,000, being in
accordance with the plan announced in the last report, to
have always in hand one year's minimnm dividend at 20
tal
Per cent d
up . per
for the annum, calculated on the amount of the capi-
pai time being.
. The Directors further wish to place on record their deli-
berate opinion and conviction that this Company is des-
tined in a very short period to take a foremost place among
the
A leading monetary institutions of the country.
PPlications for Shares may be made in the form an-
Shuexed, and must be accompanied by the payment of £1 per
are. Should a less number be allotted than is applied
r, the sum paid on account of such application will, so
far as it will extend, be applied in payment of the sum due
on allotment.
Prospectuses, Forms of Application for Shares, and
! ?opies of the Half-yearly Report, just published, may be
gad on application to the Bankers, Solicitors, Stock
17 and
or of the Secretary, at the Offices of the Company,
and 18, Cornhill, E.C.
The lists of Application for Shares will be closed on
hursday, the 2d Nov., at Four o'clock, for London, and
cations
on Friday, the 3d Nov., at Twelve o'clock, for country
aPPlications, before the expiration of which time all appli-
must be made.
London, Oct. 20, 1865.

General Public.
Form C.
FORM OF APPLICATION FOR SHARES.
No.
(To be retained by the Bankers.)
,r,
40 the Directors of the Credit Fonder and Mobilier of
England (Limited).

~..Gentlemen, -
L."-avillg paid to your Bankers* the sum of £
47111 g a deposit of £1 per Share on Now Shares in
"le Credit Fancier and Mobilier of England (Limited), I
her I.
allot me,
Y request that you will allot me that number, and I
agree to accept such Shares, or any less number you may
tallopnent,
on the terms of the Prospectus, at a 10s. pre-
ruiturt per Share as
I agree to pay the amount due on
and the other instalments as they become due,
-(3 81811 the Articles of Association if required, and I autlio-
"" You to insert my name on the Register of Members for
the number of Shares so allotted to me.
Usual Signature ..............................
Name in full .................................
Re5idence......................................
Profession ....................................
Date ................................... 1865
* Insert Bankers' names,