The Sun.
London, England, 1838-04-09 00:00:00

HE SELF-131101MICING AND SELF-
CONSUMING LONDON AND COAST COAI,
:CAN Y.
First Capital, R 400,000, in two Classes of Shares.
£250,000, in 50,000 Capitalists' Shares of 5/. each.
£250,000, in 50,000 Consumers' Shares of 5/. each.
Deposit 10s. per Share.
The Capitalists' Shares guaranteed 5/. per cent, per annum
interest,
The Consumers' Shares to be taken out in coals, and renewable
or ever at par.
Both having the option, at the end of every 'ear, of changing
e.ar•li into tho other as convenient.
If further Capital necessary, future Shares to be issued at such a
premium as the Directors may think proper, as a bonus to the
original Shareholders.

4glionb
n.A•
Es Aq
.1: OA\ it. NA L El
Rowland
Rfis s
E F. R. A. S.
Chas. iileaden, Esq., Bishops- T. Lamle Murray,' Esq., Hill-
gate-street.
street, Berkelel-square.
jv Ewart, Esq., 16, Eaton-place, W. Sandford, Esq 3 and 4,
Belgrave-square
Altar. Gallowav,• Milk.street.
EST , Civil Sir Geo. Strickland, Bart, 111.
En,,ineer -111 r. .21,1 • TT Chas. P. Villiers, Esq., M.P.I
r'armer. Murdo Young, Esq., 11:2, Strand.
With power to add to their number.
SCIENTIFIC; DIRECTORS.
Dr. Dionysius Lardner, F. 8.5., &c.
Dr. William Smith, Geologist.
SOLICITORS.
ICStrs, Chas, Pearson and
Wilkinson, 11, Park-street, Westmin-
ster, and Guildhall-yard, City.
IhlcKEßS.—Messrs. Ladbroke, Kino-scote, and Co.
"r.,'"X':iiNc Cott NSEL. —M. D. Hill, Esq., Q.C. ; J. H. Palmer, Esq.
In
I'ICKETA RT. W. S. Northhouse, Esq., 4, Parliament-street.
• 1836, Mr. Charles Pearson issued a circular, in which he
propounded the basis of this Company. Circumstances prevented
it immediate formation, though at that time upwards of 300,000/.
was Privately offered towards carrying it into effect; since that
+PEohriod, the price of coal has continued to increase ; the combina-
n of Owners mad Factors has became wider, more stringent, and
more oppressive. No Act of Parliament can effectuall grapple
;with h, though the height to
which it bas already gone may pl
be
athered from the astounding fact that Newcastle coals sell in
. 'apt two shillings per ton cheaper than they are permitted to be
oht in London.
The object of this Company is to secure to its Shareholders of
the Second Class, coals, at the smallest cost at which they can be
Procured, without the enormous additions which the present system
occasions, and which it can be clearly proved, amount to upwards
løs• per ton. For this purpose the Company will have its ow
its,
llf own vessels and everything else that man be necessary
saillload and unload ,without loss of time ; will deliver to its ow
Shareholders without the intervention of Factors, or the heav`
charges that now fall upon consumers, and instead thereof only ad
five per cent. to the price, in addition to the current expenses as i
terest upon the Shares of the Capitalists.
No deed need be signed by Shareholders, and no Act of Par
Lament will be necessary, as there will be no debts, and no credi
(Contracts with Government forming the sole exception.) Con
sumers may have Coals to the amount of their shares, and rene
such shares as convenient.
In addition to the Newcastle Coals (some of the best of whit
are within the option of the Company, the valuation of the pits t
be taken in Shares) they have evidence of the existence, and th
facility and cheapness of procuring and carrying other coals of great!
excellence, in which the saving will considerably exceed 10s. per,
ton, and which are also within their option.
These axd other sources of supply, the possissioa of Pits of theirl
own, sad the contract with the eel nsnmers' class of Shareholdersl
for a year certain, will effectually prevent any fighting trade or other
ruinous competition by the monopolists of the North and the South,
Who can only crush small and dependent Companies, not having
self-resources to rely upon.
The option of changing Consumers' and Capitalists' Shares into
each other at the end of the first Year, will enable those who require
Coal, to have it at probably 30 per Cent. cheaper than they can
otherwise procure it, and when by leaving London they no longer
require it, to get 5 per Cent. interest for their money, with such
additions as the premium on any future extension of the Capital may
occasion.
The opinions of seve eminent Barristers hare been taken whe-
ther this scheme woulrineolve the Shareholders in any Commer-
cial or Joint Stock responsibility—the answer unanimously as been
that it would not.
Twenty Directors to be annually elected—half by and out of the
Cafitalists' class, and half by and out of the Consumers' class.
Further Particulars Prospectuses, and Shares (distinguishing
whether Consumers or Capitalists) mast be applied for to the Se-
cretary, at any of the temporary Offices of the Company ; 4, Parlia-
ment Street; Messrs. Pearson & Wilkinson's, Guildhall Yard; or
NO. 3, Ring Street, Greenwich.

MER MAJESTY'S MAILS by STEAM to VIGO, OPORTO,
LISBON, CADIZ, GIBRALTAR, MALTA, GREECE,
TTHE lONIAN ISLANDS, EGYPT, and INDIA.
" BRAGAZA will start from off Blackwall
en THURSDAY, the 13th April, at Twelve o'clock at Night,
and from Falmouth on MortDAY, the 16th April.
The PENINSULAR PACKETS start weekly as above, being
suet by her Majesty's Packets at Gibraltar.
Further particulars may bo obtained on application at tho Penin-
sular Steam Navigation Office., 51, St. Mary Axe.
WILLCOX and ANDERSON, Managers.
NATIONAL COGNAC BRANDY DISTIL-
LERY .
The Directors beg to announceCOMPANY to the Public, that from the
confidence placed in them by the Shareholders in the promptitude
with which the Deposits have been paid, they are enable to com-
mence business, and to receive orders to any extent. The quality
of the Brandy they offer to the public is, in the opinion of tho most
experienced Conoissours, so very superior to that which has hitherto
been produced in this country, and bears so strong a relemblance to
the finest Cognac, not only in flavour, but in its salutary effects on
the human frame, the Directors feel confident,. when its properties
are generally known, no family will deew it necessary to incur the
heavy expense of purchasing Foreign Brandy.
This Brandy will be supplied at 18s. per Imperial Gallon, in
quantities of not less Two Gallons.