The Sun.
London, England, 1865-10-26 00:00:00

r ONDON must have a SUPPER and MUSIC
.04 ROO NI for Gentlemen. Remember, we wait for you at
V ANS' after the Covent-garden Opera and the Theatres.

T"E CREDIT FONCIER AND MOBILIER
OF ENGLAND (Limited).
Issue of 100,
Instalments;
New Shares of £2O each, of which £sbeau per
will be called up by
The
g contemplated.
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 Subscribed Capital will consist of 200,000
Shares of .E2O each
The
Paidup Capital • £4 000 000
1,000,000
The
General Reserve Fund 500,000
•Alie Dividend Reserve Fund lOO,OOO
DIRECTORS.
,TAlle„..Rlght Ron. JAMES STUART WORTLEY, Governor.
—"LS LEVICK, Esq., Merchant, King's Deputy-
jtrrns-yard,
Governors.
MNs NUGENT DANIELL, Esq.,
Gilliam Childs Eeq., London.
Dent. sen., Esq Chairman of the Thames and
AiMersey Marine Insurance Company.
czander-Dunbar, ar,
Lloyd Esq., Olds. Btoal-street, London.
aries 141'
11,IPhe Hakim Esq., Cornhill, London.
Rarris'on, Esq. (Messrs. Young, Harrison, and
pjevan), Deputy-Chairman of the Thames and Mersey
.arine Insurance Company.
Varie;Tenard Stuart Lae, Essq. , qL., Oldondon. Broad-street, London.
s E. Newbonn, E
Pcwnall, Esq JP, Russell-squar3, London.
Joseph Mackrill Srath, Esq.
on. (Messrs.] Mackrill Smith and
Old Broad-street, Lond
Arward Warner, Esq.. M.P., London.
ies White, Esq.' M.P.,, Lo don.
bert Grant, Esq., M.P., Managing Director.
Th BANKERS.
rpe .-gra and Masterman's Bank (Limited).
e National Bank, London, Dublin, and its Branches in
Ireland.
Messrs. Smith, Payne, and Smiths.
The National Bank' of Scotland, Edinburgh, and its
Branches in Scotland.

Messrs. SOLICITORS.
Newbon, Evans, and Co., Nicholas-lane, E.C.

BROKERS.
jir"ors. Laurence. Son, and Pearce, 7, Angel-court, Throg.
__raorton-street, E.C., London.
N'essrs. ilorefall and Penn
Messrs. y,l
~..essrs. Todd and Ashton. Liverpool.
'illenrs• Shore and Kirk, Manchester.

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

PROSPECTUS.
the marked success which has attended the operations of
Credit Foncier and Mobilier of England (Limited) is
lmost unexampled in the history of any commercial un-
dertaking.
The 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 those 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
45. 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 ;
Co-operates in the financial arrangements of British and
other railways
Makes advances to Corporations, Town Councils, and
other public bodies;
Negotiates loans for public works;
Assists in the introduction of industrial and commercial
Undertakin;
Makes advances upon approved stocks, shares, bonds, &c.
Is Makes temporary loans upon eligible freehold and leas.e-
-th°ld, and generally transacts such other financial
,"siness as is suitable to the capitalist, whether as principal
bnil:be greatly increased and still increasing amount of
hp,„-siness offered to this Company, both by eminent private
'"'B, companies, and corporations, has decided the Court 5 Directors to make their second issue of Shares, by al-
-5 lotting the remaining capital of the Company, consisting
100,000 now Shares, on which £5 per Share only is
nitr2nded to be called 1111 "übese 100,000 New Shares the Directors propose to issue
143 follows viz' :
Lltsifty thousand Shares will be issued to the Shareholders
C0,',"18 Company who stand registered on the books of the
k.—PanY, to be allotted to them at a premium of £2 108.
§_hare, in the proportion of ono new Share for every
Shares now held ; and
ott'ep:.thousand Shares will be issued to the general public
SharoulPg such Shareholders as may wish to apply for
beide 8 in addition to those they are entitled to as Share-
Thei to be allotted at a premium of £3 10s. per Share.
to £3O Premiums to be received upon this issue will amount
kw. 'WOO, which will be added to the £200,000 already
th„...'ing at the credit of the general reserve fund, and will
fu'i:4l.4 increase that fund to £500,000. The dividend reserve
.£1,000,000g
bein £lOO,OOO, the paid-up capital will then be
Cn
The N
th ew Shares will bo paid up as follows, viz.:—
I,oldoose issued at £2 10s. per Share premium to the Share-
-1
0 per Share on application, being on capital ac-
-1 10 count.
0 per Share on allotment, £1 being on capital
2 10 account, 10s. on preium account.
0 per Share on Ist January, 1866, £1 10s. being
2 10 on capital accout, .£1 on remium account.
0 per Share on Ist March, 1863,p £1 10s. being on
capital account, £1 on premium account.
.£7 0
-A
Ou v.," being £5 capital, £2 10s. premium.
the ose Shares issued at £3 10s. per Share premium to
Inade.neral public, the following will be the mode of pay-
.£l. 0 0 --
Per Share on application ; being on capital ac-
-2 10
0 pecr Shaount.
re on allotment; £1 being on capital
1 10 u n account, £1 10s. on premilB66 um account.
per Share on Ist January, ; 10s. being
210 o caitl count, on remium accunt.
0 pern Share onac Ist March .£1
, 1866 p ; 10s. beoing on
capital account, £1 on premium account.
•C 8 10
,rhe 0 bein £5 capital, £3 10s. premium.
distribse 00,0001 New Shares will participate in the next
ttee lition of
asuording Profits, pro rata with the existing Shares,
to the amount of capital paid up thereon ; the
oirf I,,able option will be, however, reserved to the holders
th these Shares of paying upon any of them the whole of
the "ove instalments at any time previous to the date of
Con instalment, instalment, viz., Ist March, 1866, on paying the
the InPany back interest rom 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
I)if- to be then entitled to the same amount of profits next
"3 ear as is declared on the existing Shares.
interest at the rate of 20 per cent. per annum will be
eincharged on all instalments not punctually paid ; and any
stalment not duly paid will •render the previous pay-
nts 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
teal 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 Fancier
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.
Tho following calculation will guide investors in estimat-
pdeing the intrinsic value of the Shares, after the dividend and
s now declared are paid, and when the issue is corn-
d
The Capital paid up will amount to £1,000.000 0 0
The General Reserve Fund 500,000 0 0
The Dividend Reserve Fund 100,000 0 0
abend, profits not divided

£1,650,805 4 9

tqnal to above £8 ss. per Share on the whole 200,000
Shares.
80 that tha public, on subscribing .£8 10s. per Share (being
45 capital and £3 10s. premium), are being admitted part-
tiers in this Company by only paying ss. per Share pre-
ha, as premium ; £8 ss. per Share being actually repro-
oented in value in the assets of the Company. Over and
above these advantage; 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 ss. 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 paid-up capital of
X 1,000,000, a general reserve fund of £500,000, a dividend
reserve fund of £lOO,OOO, making a total of £1,60000,
they Will be in a position to meet the exigencies 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
Itccordance with the plan announced in the last report, to
per
always in hand one year's minimum dividend at 20
l'ine,r ee.nt. per annum,. calculated on the amount of the capi-
''', paid up for the time being.
0-he Directors further wish to place on record their deli-
tinedopinion and conviction that this Company is des-
the , ineadina very short period to take a foremost place among
ng monetary institutions of the country.
1„41-PPlications for Shares may be made in the form an-
eLled, and must be accompanied by the payment of £1 per
fors'4l.e. Should a less number be allotted than is applied
f the sum paid on account of such application will, so
'r as it Will extend be applied in payment of the sum due
on allotment. '
Pros
Co . pctuses, Forms of Application for Shares, and
hapaies of the Half-yearly Report, just published, may be
troLco application to the Bankers, Solicitors, Stock
17 a'clo, or of the Secretary, at the Offices of the Company,
The 18, Cornhill, E.G.
Th he lists of Application for Shares will be closed on
on P,day, the 2d Nov., at Four o'clock, for London, and
st,he 3d Nov., at . Twelve o'clock, for country
eaaPttPiolio.neualitlyiaioYun'st
bbeefinoia•edteh.e expiration of which time all appli-
O-,on, Oct. 20, 1865.

General Public.
Form C.
I'ORM OF APPLICATION FOR SHARES.
n (To be retained by the Bankers.)
7, 1\1..._.. ----...
° the Directors of the Credit Foncier and Mobilier of
England (Limited).

irlqventlempli,— -
loi ' nig paid to your Bankers* the sum of £ ,
t'llong a deposit of £1 per Share on New Shares in
allot° to
ii . Credit Foncier and Mobilier of England (Limited), I
4elreebY request that you will allot me that number, and I
accept such Shares, or any less number you may
bii„,„4lo, on the terms of the Prospectus, at £3 10s. pre-
all 7-„,Per Share and I agree to pay the amount due on
to o•''ent, and the other instalments as they become due,
rin_Rln the rticles of Association if required, and I authe-
C You to insert my name on the Register of Members for
ellUnTher of Shares so allotted to me.
Usual Signature
Name in full
Residence
Profession
Date ........... 1865
Insert Bankers' names.