The Sun.
London, England, 1870-12-20 00:00:00

ABRIDGED PROSPECTUS

The object of thus Company is to acquire and work as one con-
solidated undertaking two separate Metropolitan Tramway
incorporated under special Acts of Parliament passed in the
two last sessions, whereby they are empoWered to construct
and. work Tramways in nearly all the main thoroughfares on the
south side, and extending to Victoria Statidn, Pimlico, on the
north side of the Thames.
The returns from the working of the first opened section of
the lines show a net return at the rate of lA per cent. per annum
on the capital expenditure. The only other experience of
Tram working in Loudon shows a net profit at the rate of
12 per cent.

Street Tramways, although but little known hi this country,
have been in very profitable operation for many years in most
of the large cities of America and Canada, and also on the Conti-
nent of Europe, in St. Petersbnrgh, Vienna, Brussels, Copen-
hagen, &c., paying dividends generally of not less than 10 per
cent, on the Capital invested, and the 'shares command good
premiums. With the easy gradients in the Metropolis (a most
important item in the economy of working). and by the judicious.
administration which experience has brought to bear, there can
be no doubt that Trailways will prove highly profitable here.
Important extensions of the existing lines are being applied
for, the benefit of which will be made over to this Company.
The Acts of Incorporation and the Agreement for Ainalga-
Mation and Articles of Association can be inspected at the
Offices of the Solicitors to the Company. The Agreement is
dated the 9th day of Thicember, 1870, and the names of the
parties to it are as follows :—The Metropolitan Street Tramways
Company and the Pimlico, Peckham, and Greenwich Street
Tramways Company of the tirst part, John Foulston Bunt, on be-
half of this Company then intended to be formed of the
second part, and certain Shareholders of the Pimlico, Peckham,
and Greenwich Street Tramways Company of the third part.
Application for Shares may be made to the Bankers. Pros-
pectuses with a Map and Forms of Application can bo obtained
of the Brokers, and at the Offices of the. Company.

1111 E LONDON • TRAMWAYS COMPAN Y
(LIMITED).
Notice is Hereby Given; That the LIST of APPLICATION
for SHARES in this Company, will be CLOSED THIS DAY
(TUESDAY), December 20th, for London, and TO-MORROW
(WEDNESDAY), December 21st, for the Country.
By Order of the Board.

EUROPEAN ASSURANCE SOCIETY,
Empowered by Special Acts of Parliament.
For Life Assurance, Annuities, and Guarantee of Fidelity in
Situations of Trust.
Chief Oftlee-17, Waterlob-place, Pall-mall, London.
Annual Income, £BOO,OOO.
Capital, subseribed by more than 1,000 Shareholders, nearly
4800,000.
DIRIOTOII2.
The
Sir FREDERIC SMITH, K.H., F.R.S.
The Rev. A. Alston, D.D. R. M. Carter, Esq., -iLP.
E. Hamilton Anson, Esq. Edmund Heeley, Esq.
A. R, Bristow, Esq. Reginald Read, Esq., 3t.D.
This Society are now ISSITIN 0031-PLETE LIFE POLICIES.
The peculiar features of these Policies axe as follow
1. The Payments Cease after Ten or Twenty Years.
2. The Policy is not forfeited by the non-payment of renewal
premium during the ten or twenty years.
8. The Assurer is entitled for each yearly payrsent he has
made to a paid-up Policy for one-tenth or one-twentieth of the
sum Assured.

MINItr B. PARYINTBR. Manager.

VIGHTEENTII ANNUAL. WINTER EMU-
-4 . BITION of CABINET PICTURES by British and Foreign
Artists is now OPEN, at the FRENCII GALLERY, 120, Pall
Mall, from nine till half-past Aro o'clook: Admission, is,. Cata-
logues, 6d,