The Sun.
London, England, 1836-02-10 00:00:00

TGENERAL STEAM NAVIGATION COMPANY.
HE GENERAL STEAM NAVIGATION
COMPANY'S FIRST-RATE and SUPERIOR PAC-
KETS leave the Crztom House for
HAMBURG (carryig his Majesty's Mails), every Wednesday
and Satarclay, early in 'the nar,rning ; returning every Wednesday
and Saturday:
ROTTERDAM and the RHINE (carrying his Majesty's Mail.)
Leey.eurY Wednesday and Saturday morning, at Seven o'clock precisely;
arning every Wednesday and Saturday morning. Reduced
' ", Chief Cabin, 21. 2s.
1:0, ANTWERP and the RHINE (with a Bag of Letters from the
st-office), Thursday Morning at Eight precisely, returning Sun-
clay at the same hour. Reduced Fares, Chief Cabin, 2/. 2s.
~, OSTEND and the RHINE, Saturday morning ; returning
'llZ3daT ni ht.
„ALAIS, Sunday morning; returning Wednesday night.
4011LOGNE, Wednesday morning, returning Saturday night.
And from London Bridge Wharf for
RAMSGATE and MARGATE.
For Freight to Rotterdam and Antwerp, apply to Messrs. De Bic
end Raj.
Normann, Crescent, Minories ; and on the other stations to Mr.
the,
I, Water-lane, Towel-street. Berths ma, be secured at
_eeoffices of the Company, 37, Regent Circus, and 69, Lombard-
-I,' t ; and at 61, Charing-cross, and 56, Haymarket; parcels and
!pull
/t packages b.
-,be brought to the Offices of the Company, 37,
ent-eircus, and 69, Lombard-street.
sions. Pwerful Steam Packets may be engaged for towine and Excur-
o
Gener' ..,' CHARLES BESSELL, 'Secretary.
Steam Navigation Company, 69, Lombard-street,
................ and 37, Regent Circus.
SAMUEL HALL'S PATENT STEAM-
boiI ENGINES, possessing the following advantages :-1. The
,thets never require cleaning (whether for steam navigation, or in
_ et ases, where saline or dirty water only can be procured) being
rdplied with distilled water ; 2. The boilers last a much greater
-.
..Ith of time, being always perfectly clean ; 3. A considerable
el
6.
Ang of fuel is effected ; 4. Much increase of power is obtained ;
T,„,., great saving is effected in oil or tallow ; 6. The internal
parts of the caving
are kept in excellent repair, and for an exceed-
-413: great length of time, by ample and peculiar lubrication.
in Pies, to the amount of nearly 4,000 horses' power, are already
Priar'!ration, preparation, and contracted for. Thirty-seven of the
ter elple makers of Stead-engines have taken licenses of the Pa-
f'tee for applying his improvements to new and old engines.
esthnonials of various eminent Engineers, to the above-mentioned
°Ad other collateral advantages, also full descriptions, and draw-
:''gs of the apparatus, may be obtained of the Patentee, at Basford,
.:71', Nottingham, or 147, Strand, Lomi.on ; to whom also appli-
an-aros may be made from other Engineers, wishing for licenses,
01,-, from parties desirous of adopting the improvements in new or
. engines.
pa The attention of the Patentee being fully occupied with his
tents for England and Scotland, he is desirous of disposing of
jtes
of his Foreign Patents; viz., for France, Belgium, Hol-
Zu, Prussia, Austria, and the United States of America.
---....._

PROSPECTUS.
TONTINE OF_THE UPPER ARCADE.
IN THE CITY OF BRISTOL.
Capital E 16,000.
.fn One Hundred and Sixty Shares of 100/. each
The PROPRIETORS have resolved to dispose of the. whole of
aluable and eligible property, by way of TONTINE.
b4!12 UPPER ARCADE consists of thirty-eight Messuages or
w
4mllg-houses and Shops, erected in the year 1825, upon an
the tsr:atit and uniform elevation, according to the plans, and under
ls,l„rnulediate superintendence of eminent architects.
ever "Mite has been spared to render this Superb Building, in
thereaVect, substantial and commodious. It possesses not only
frer,„'°leeniences of private residence ; but, as an eligible and much
eitrerted line of communication between the central parts of the
pee sand the populous and improving districts of Kingsdown, Mont-
and St. Paul's, it presents great advantages for business.
111,„ he tenure (except as to a small portion held fora term of one
.riCusand years, but without any ground rent) is Freehold of Inhe-
-1„,,,,,ee„,, and without incumbrance of any kind, not excepting the
th,` lax, the whole of which is redeemed. The present rental,
e44",,.0 at present much depressed, end far below its real value, ex-
le 41 1,000/. per annum, clear of all outgoings; and when vested
tot, arge body of proprietors, and under the management of a
taittee, to be chosen by them, there can be no doubt that the
Tte.rty will material)), and rapidly improve in value.
low la now to be disposed of for a sum not only considerably be-
pose°°at
°f price, brit much less than its intrinsic value, for the pur-
benefifacilitat'„ng certain family arrangements.
t princi-,,1e of Tontine, which is that of joint ownership, with
the r_ °f s...irvivorship, is capable of being variously modified. In
Iltear;r,t instance, the following is the plan proposed.
leo
Cr„,
iares *he capital,
each or purchase money, is 16,0001. to consist of
2c of 100/. .
014, • Every shareholder will nominate one life for each share pur-
Itteed, and will be intitled, in the first instance, in respect of every
ton share, to an equal undivided 160th part of' the property, and
110;sintilar share of the net yearly rents and profits, during the life
Iltr,,lnled• But as the lives successively drop, the shares of the
hoiv°r3 will proportionably increase in value, consequently in
liork,'Y returns. 'thus supposing the sum to be divided yearly to be
Nz'd• (-which is taking the rental at even less than its resentp de-
amount), and all the lives to be in existence, still, even in
f
1111):,'"le each share will pay 6/. ss. per annum (being a return of
of six pe cent., and that, too, under the most disadvan-
laNinVilcumstancres) ; when the number of lives is reduced to one
isrech--k7sticl twenty, each share, even at the above rental, will
Nen ,e.%/. 6s. Bd. per annum; when to fifty, 201. per annum;
iethr '0 twenty, 501. per annum, and so on. But as the property
pr - °es in value (as no doubt it will under:the proposed change of
crePletorehip), and, consequently, as the amount of rental in-
pro:es,only will the value of each share proportionably im-
hol, but also the yearly returns thereon ; and this whether the
e number of lives be in existeet:e or not, and independently of
Y increase in value which must, of necessity, arise from the drop_
P"'3 of lives. And as every shareholder will have an insurable in-
terest in the life of his neaninee, he may secure his capital from risk
by insuring accordin;ily, and at the same time, and after payment
of the premium, realize an annual return for his money, beyond
that which can. be obtained either in the public funds
or upon
mortgage.
3d. When the number of lives shall have been reduced to five,
the whale of the property to be conveyed absolutely to, or for the
benefit of
the proprietors for the time being, of the shares which
Hall be holden upon such five surviving lives, in such proportion
s
4411,4:nail correspond with the number of shares belonging to each of
ultimate proprietors.
A. deposit of 61. to be paid upon each share at the time of
tr tbing ; the remainder of the purchase money to be paid upon
e:lexecution of the conveyance, as after mentioned. But in the
r°p it of the whole number of shares not having been taken on or
tifore the 24th day of June next, then the subscriptions to be void,
u the deposits to be eturned without any deduction of any kind
hatever r
sth - •
eu„,-% When the whole number of shares shall have been taken, a
Nirlrig of the shareholders to be convened (of which one week's
'of "? in writing, shall be left at the usual place of residence, or
nt,,ii‘riness, of each shareholder). At which meeting a Comm tt
allanagement shall be appointed, who shall be empowered to take
titili_roper measures for investigating, and, if satisfied, accepting the
poie of the vendors, and for preparing the conveyance ; and to ap-
ker. a time for nominating trustees, and completing the purchase,
time
ne„it to be within three calendar months from and after the
qur 'ntment of the Committee ; each shareholder to have one vote
14Peot of every share held by him, and to be entitled to vote at
6..,ll,eeting either personally or by proxy.
te,l• On the day so to be appointed for the purpose, the Commit-
Management shall convene a meeting of the shareholders, by
rl'ltiee as aforesaid; and the shareholders then present, shall
liteeeed to choose five persons from among themselves, whose
ferlilej shall be inserted in the Deeds of Conveyance, as Trustees,
ex the purchasers ; and the purchase shall then be completed, by
iaeution of the deeds, and payment of the residue of the purchase-
i for the respective shares. But in case any shareholder.
4,4l'tng had due notice of such meeting as aforesaid, shall make de-
de, in Payment of his purchase money, his
,share or shares, and
*47,84 money shall be forfeited ; and such meeting shall, if neces-
sl4l; be adjourned for the purpose of disposing of such forfeited
1114 or shares. Provided that it shall be competent to such Com-
tiv a majority of their number, at any time before the corn-
e,„:;"n Of the said purchase, by notice as aforesaid, to convene a
stir;'lllg of the shareholders, for the purpose of obtaining fresh in-
.? i..ions and powers.
th ° Prior to the completion of the purchase, the decision, by
kLvotes of a majority, to be taken as before mentioned, of any
int—'°'g of the shareholders, convened as aforesaid, shall be bind-
ap all shareholders, whether present or absent.
t outgoings to be paid, and rents received, by the vendors
itoe,le time of completion of the purchase. All costs of convey-
to „iv, and incidental expenses of carrying this Tontine into effect up
tte,.4_,',) time of the completion of the purchase, to be paid by the
oors,
ta;!b• Subject to the approval or correction of any such prelimi-
ch-„Ltleeting as aforesaid, the conveyance in trust for the pur-
rs shall contain provisions to the following effect, viz :
, For vesting the property in the trustees, for the proprietors
Ichitly, with benefit of survivorship, until the number of lives
'Von which the shares shall be held, shall be reduced to five,
and to be then conveyed to or for the benefit of the proprie-
4(3rs, for the time being, of the shares which shall be holden
upon such surviving lives, in the proportions and manner
aforesaid. For the yearly election by the proprietors, of a Committee•
of Management, with proper powers for letting, repairing,
Protecting, lighting, cleansing, insuring from loss by fire, and,
generally, superintending and managing the said property on
behalf of the proprietors.
For the due and regular keeping, making up, balancing, au-
diting, and passing of the accounts of all receipts and payments
'II behalf of the proprietors.
For the yearly division of the net rents and profits among
the Proprietors, according to their respective shares.
11. power for the proprietors, at any yearly meeting, after
'4e,te notice of a motion to that effect, to ilter and amend all or
any of the trusts or provisions contained in such conveyance in
u
trst, or subsisting for the time being, by virtue of the resolu-
tions of any past meeting of proprietors.
A prop questions for investigating and determining any
doubts or that may arise, touching the existence of
any life or lives, or the claims, interests, or liabilities, of any
Person or persons, in respect of any share or shares in the said
Property.
Proper powers for the choice from time to time, when neces-
sary, of new trustees, and for the protection and reimbursement
of the trustees in the execution of their office, together with
an such other powers, provisoes, conditions, and agreements,
as by such meeting of proprietors so to be convened as last
aforesaid, should be deemed necessary or proper.
sib] e scheme above submitted will be seen to present every
advantage. The capital to be advanced will be absolutely
ited to the price of the shares ; there not being, as in other Sines
any liability to future or contingent expenses of building, &e.
i4s:rne annual return will, from the first, afford the expense of life
ei4,r_a,nee, in addition to full interest, no risk of capital need be in-
val_'o• It is manifest, therefore, that there is no danger of the
th:T of the shares ever sinking below par, while to the shareholders
4i; lives of whose nominees are prolonged, the value will progres-
e2Y increase, until the ultimate division.
APplication for shares, in the form subjoined, to be made to
Mr. ROBERT FLETCHER,
Exchange.buildings, Bristol.

Bristol, Feb. 1, 1836.

FORM OF APPLICATION FOR SHARES.
+ request that
„an- . shares in the Upper Arcade Ton-
such nristol, may be reserved for - and I hereby engage to take
thehares as may be appropriated on this application, upon
terms specified in the prospectus.
Rated Bristol, Feb. 1, 1836.