The Sun.
London, England, 1846-01-17 00:00:00

No. 16,669. EAON DON. SATURDAY Trg
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S N 7 .J A_N CIA RA' 17, 1846 PRICE SD.

THE NATIONAL MERCANTILE LIFE
ASSURANCE SOCIETY.

Arthur-street west, London-bridge, Jan. 16, 1846.

Notice is hereby given that a DIVIDEND of FIVE PEE CENT.
per annum for the year ending 31st of December last, on the Pro-
prietors' Stock, WILL BE PAID on application at this Office, be-
tween the hours of Eleven and Three o'clock, on and after the 231 of
January instant. By order of the Directors,

J. JONES, Actuary and Secretary.
The dividend cannot be paid until the Shareholder has executed
the deed of settlement or a deed of covenant to abide by its rules and
regulatien.v.

THE MERCHANT TRADERS' SHIP LOAN
AND INSUItANCE ASSOCIATION.
(Prvisionally Registered according to Act of Parliament.)
•
Capital, 100,000,0001., in 20,000 Shares of 50/. each.
Deposit, 21. 2s. per Share.
Five Shillings a Share to be paid on Allotment, the remainder on the
Execution of the Deed of Settlement.
No Shareholder to be liable beyond the amount of his Subscription.
TRUSTEES.
The Right Hon. Captain Lord Viscount Ingestre, R.N., C. 8., M.P.
Sir Robert Price, Bart., M.P.
David Hope, Esq., Glasgow
COMMITTEE OF MANAGEMENT.
The Right Hon. Captain Lord Viscount Ingestre, R.N., C. 8., M.P.
Sir Robert Price, Bart., M.P.
Captain Samuel Price, R.N., Senior United Service Club
Robert Wright Wood, Esq.,.Lodge-place, St. John's Wood
William Webster Watson, Esq., Inner Temple
Edward G. Winthrop, Esq., Gloucester-street, Regent's-park
Captain Blair, H.E.1.C.5., Glasgow
David Hope, Esq., Glasgow
Mathew Dick, Esq., Meikle Ernoch Merchant, Glasgow
MANAGING DIRECTOR —Augustus Collingridge, Esq.
BANKERS.
The Commercial Bank of London, Lothbury
The City of Glasgow Bank, Glasgow
The Hibernian 13anking Company, Dublin.
SOLICITOR.
John Watson, Jun., Esq., 10, Henrietta-street, Covent-garden.
SOLICITORS FOR SCOTLAND.
Messrs. Campbell and Tennents, George-square, Glasgow.
OFFICES.

London-2, Fish-street-hill
Glasgow-84, St. Vincent-street; Manager, John M`Lellan, jun., Esq.
Dublin-12, Lower Sackville-street ; Manager, J. B. Bankhead, Esq.
The objects of this Association are twofold—the Insurance of Ships
and the Advancing of Money by way of. Loan, secured by mortgage
on shipping. Each branch affords its own share of individual profit ;
but the two operations, judiciously combined, will evidently be pro-
ductive of highly remunerative results to the proprietary.
The immense fortunes known to have been realised by individuals
who have advanced money upon the security of shipping, with an
assignment of the policy of assurance, afford the best guarantee of the
soundness of the principle upon which the Association is founded.
The almost incredible number of British shipping under mortgage,
shown by the books of the Registrar-General of Customs, exhibits a
wide field for the operations of the Association. The great bulk, if
not all of these loans, have been obtained upon exorbitant terms by
the small owner from his more wealthy neighbour, who may look
rather to the obtaining possession of the vessel by foreclosure than
to the eligibility of the security as an investment.
The Association will advance a sum of money, in no case exceed-

ing two-thirds of the vessel's value, upon the report of its surveyors ;
which loan shall be secured by mortgage upon the whose ship and
earnings by freight, the policy of insurance effected with the Asso-
ciation remaining in its hands until the termination of the period
for which the loan has been granted.
Among the many advantages it holds out, the following are not
the least:
;'o the Shipowner, the certainty of obtaining, at a moderate rate,
and without injury to his credit, pecuniary assistance when he most
requires it.
The opportunity of relieving himself from mortgages bearing an
exorbitant interest, and effecting them with the Association at an
equitable rate.
To the Shipbuilder, particularly when building for the market,
either at home or in our colonies, by placing him in a position less
dependent upon immediate sale at an unfavourable season.

To both, a participation in the profits of the Association by be-
crming shareholders.

The Association embodies the following advantages for its Pro-
prietary :

The immediate certainty of securing a very large number of poli-
cies of insurance, since, although insurances will be taken without
loans, no loan will he granted unless the policy be effected with the
Association ; hence the double profit which will arise from these two
sources.
A total absence of risk to the shareholders. _ _

It may be added that—
an extensive 'connexion has been already
formed in the leading outports, and insurance business to a large
amount secured for the Association.

The same machinery sufficing for the working of the double prin-
ciple here exhibited, the expenses of management will not exceed
those of any ordinary marine insurance-office.
The necessary Parliamentary notices for an Act of Incorporation
have been duly given in the Gazettes of November, 1845.
The whole sum required for the preliminary expenses has been
advanced by the London members of the Committee of Management.
Applications for shares, in the usual form, may be made to the
Committee of Management, and addressed to any of the above-named
officers of the Association, to the solictors, or to any of the following
agents, from whom more detailed prospeetuses may be had :—Wm.
Cafferata, Esq., Exchange-buildings, Liverpool; Messrs. Flint and
Tooted, Hull; Messrs. Drewry and Richardson, Newcastle-on-Tyne ;
Robert W. Ogilvie, Esq., Newcastle-on-Tyne ; W. J. Barker, Esq.,
Sunderland; Messrs. Carr and Sons, Whitehaven ; Tiffin Bell, Esq.,
Workington ; Messrs. Wood and Son, Maryport ; Henry Smith, Esq.,
Fleetwood ; T. Sanford, Esq., Exeter ; A. W. Forbes, Esq., Glasgow ;
J. Mac Lellan, jun., Esq., 88, Vincent-street, Glasgow ; Messrs.
Gird wood and Co., Leith; J. B. Bankhead, Esq., 12, Lower
Sackville-street, Dublin ; and Robert Henderson, Esq., Donegal-
quay, Belfast.

MERCHANT TRADERS' SHIP LOAN and
INSURANCE ASSOCIATION.
The great bulk of shares having been already subscribed for in the
principal outports, no Application for Shares can be received after
SATURDAY, the 24th inst., when the Committee will immediately
proceed to the allotment.

ESTBOITRNE TERRACE TONTINE.
Barley-street
In 3,700 Shares of 1001. each. Deposit 101.
TRUSTEES.
Stir! eel William Anderson,
siiAn,d el
Charles Wardell, Esq., 43, Westbounte-terrace.
,rson Cavendish-squareEs69llarle
BANKERS—Sir Claude Scott, Bart., and Co., 1, Cavendish-square.
SOLTCITOE.S.
Messrs. Burgoynes, Thrupp, and Clark, 16,, Oxford-street
Westbourne-terrace is confessedly one of the finest ranges of build-
ings in the metropolis. Its proximity to Hyde-park and Kensington-
gardens, great width, elevation, and gravelly soil, and the very
elegant and commodious arrangement of 'the interior of the man-
sions, present a combination of attractions which must render It a most
valuable investment ; particularly where the object is to secure a
provision for a child or children, because by nominating such child or
children there must necessarily be a good income for such as survive.

The proprietor of every share of 100/. will have the privilege of
nominating one life at any time previous to the 24th December,
1846 ; and should the notpinoe die before that day, then another
life may be substituted, so 'That all the subscribers may be on an
equal footing on the 25th December, 1846, the day from which the
rents will be receivable by the Company.
Prospectuses, with ftill particulars, may be had of Messrs. Tiur-
goynes and Co., No. 160, Oxford-street ; of Mr. Thompson, Architect,
No. 2, Conduit-street West, Hyde-park ; of the Secretary to the
Hail of Commerce, Threadneedle-street : and of J. Tippett, No. 34,
Westbourne-terrace, who will show the houses.

GREAT, WESTERN RAILWAY.
Notice is hereby given that the next HALF NEARLY
GENERAL MEETING of the PROPRIETORS of this COMPANY
will be holden in. London, pursuant to the Act of Parliament, at the
Paddington Station, on THITUDAY, the 12th of February next; at
Twelve for One o'clock precisely for the ELECTION of FOUR
DIRECTORS, In the place of the same number, who will retire by
rotation, and for other purposes of business.
The Chair will be taken at One o'clock precisely.
CHAS. RUSSELL, Chairman.

The Directors retiring are re-eligible under the provisions of the Act.

The transfer-books will be closed on and after the 2d of February,
and will not be re-opened until after the said Half-yearly General
Meeting on the 12th of February;.and the Dividend for the Half-year
ending the 31st December last, will be paid to the Proprietors, who
may be registered on the Company's books when closed.
By order, C.A. SAUNDERS, Secretary.
January 15; 1846.

GEA. RE; MANCHESTER, RUGBY, AND
SO UT RAINIPTON RAILWAY,
WITH DIRECT LINE FROM DERBY TO RUGBY.
I, Royal Exchange-buldings, Loudon, Jan. 17, 1846.
Such of the numerous Allottees in this Company who have so
honourably responded to the call of the Committee of Management
by the payment of 2s. per share on their respective allotments, but
who have not yet exchanged the Bankers' Receipts for their
several Letters. of Application, are most earnestly requested to
do S 5 with the least possible delay, in order that the Committee may
have a complete check, whet eby a correct list of those allottees who
still remain in default may be prepared with reference to ulterior
stringent measures to be adopted.

B order,
HORATIy O CARTER, Assistant Secretary.

S HRE WSBURY AND BIRMINGHAM
RAILWAY.
The Committee of Management of this Company have effected an
amalgamation with the Dudley, Madeley, Broseley, and Ironbridge
Railway Company, on terms which are advantageous to the Share-
holders of both Companies. The liability of the Shareholders of this
Company will be reduced from 50/. Shares to Shares of 251., and Two
Shares will be issued to the Shareholders of the Dudley and Madeley
Company for Three of their Shares. By this arrangement the Capital
and Parliamentary Deposit of 10 per cent., and the capital requisite
for the entire scheme of this Company, including a line from Dudley
to Madeley next year, will be secured.
The reduction of the nominal amount of the Shares renders it ne-
cessary for the Shareholders of this Company to have their Sorip
Certificates stamped. They are, therefore, requtsted to send them
to the Company's Office for that purpose.

By order,
GEORGE KNOX, Secretary.
3, Moorgate-street, Jan. 10, 1846.

DUDLEY, MADELEY, BROSELEY, and
IRONBRIDGE RAILWAY COMPANY, with EXTEN-
SION to SHREWSBURY.

The Committee of Management-4f- this Company have much sa-
tisfaction in announcing to their Shareholders that an amalgama-
tion, OR mutually advantageous terms, has been agreed on between
this Company and the Shrewsbury and Birmingham Railway Com-
pany.

By the agreement which has been entered into, it is stipnlated
that Two of the Shares in the Shrewsbury and Birmingham Company
shall be given in exchange for Three Shares in this Company. That
six members of the Managing Committee of this Company shall be
added to the Committee of the Shrewsbury and Birmingham Com-
pany, and that application shall be made by the amalgamated Com-
pany in the next practicable session of Parliament for power to make
the line between Dudley and Madeley.
Notice is hereby given, that the Shareholders in this Company
must forward their scrip to the Seer: tary, at Stourhridge, on or
before SATURDAY, the 17th instant, and signify (in the form given
below), their election either to receive back their deposit, less their
proportionate share of the expenses incurred, or to take in exchange
their proportionate number of shares in the Shrewsbury and Bir-
mingham Company.
Parties who may elect to receive back their deposits, may at once
receive 2/. per share on account, and the balance as soon as the
amount of the expenses incurred shall have been ascertained.

Parties who may elect to take shares in the Shrewsbury and Bir-
mingham Company, may, in like manner, on depositing their scrip,
obtain a letter of allotment for their proportionate number of shares
therein, which latter will be forwarded to the original Shareholders
of this Company immediately and to others so soon as the Di-
rectors shall be satisfied of the sufficiency of the applicants; and
parties aho shall fail to send in their scrip on or before SATURDAY,
the 17th Instant, will be considered as having elected to receive back
their deposit less the expenses.
In cases where the proportion of the Shrewsbury and Birming-
ham shares to be received shall amount to a fractional part of a
share, the Shareholders will have the option of paying or receiving
the difference in value between such proportion and an entire share.

. .
Arrangements will be made and announced, as soon as possible,
for procuring the signature of the Shareholders to such deeds as the
altered circumstances of the Company have rendered necessary.
By order of the Committee,
W. S. DARKIN, Secretary.
Offices of the Dudley, Madeley, Croseley, and Iroubridge
Railway, Stourbridge, jan. 10, 1846►

DUDLEY, MADELEY, BROSELEY, and
IRONBRIDGE RAILWAY.
For the convenience of Shareholders in London, the Scrip Certifi-
cates may be sent to the Office of the Shrewsbury and Birmingham
Company, 3, Moorgate-street, London.
By order, W. S. DARKIN, Secretary.
Stowbridge, Jan. 12, 1846.

DUDLEY, MADELEY, BROSELEY, and
IRONBRIDGE, and SHREWSBURY and BIRMINGHAM
AMALGAMATED RAILWAY COMPANIES.
It having been intimated to the Committee that doubts were en-
tertained by some parties whether, in consequence of the reduction
of the Shrewsbury and Birmingham Shares from 501. to 251. each, a
corresponding reduction was not intended to be made in the de-
posits,
Notice is hereby given, that no change whatever will be made in
the same, but that the full deposit of 21. 10s. will be considered as
having been paid on each of the two (2) Shrewsbury and Birming-
ham Shares intended to be given for three Shares in the Dudley and
Madeley Company. By order,
GEO. KNOX,
Secretary to the Shrewsbury and Birmingham.
W. S. DARKIN,
Secretary to the Dudley and Madeley.
January 15, 1846.

PUBLICATIO,iS.

ew , price Is.
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MR. COCKERELL'S LECTURES.

THE BUILDER, an Illustrated Periodical, No.
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being an accurate System of French Accidence and Syntax,
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NEW WORK ON THE HORSE.
On Thursday next, Jan. 22, will be published, 1 vol. Bvo.,
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or, Suggestions on the Natural and General History. Varieties,
Conformation, I'aces, Ace, Soundness, Stabling, Condition, Training,
and Shoeing of the Horse : with a Digest of Veterinary Practice.
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Literalre d'Egyp!e, late Veterinary Surgeon to Mehemet Ali and
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PUBLICATIONS.

A NEW EDITION of the QUARTERLY
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CONTENTS

I. CHANGE of the CORN LAWS,--MINISTERIAL RESIG-
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11. LORD CAMnELL'S LIVES of the CHANCELLORS.
LITERATURE of the EGYPTIAN MONASTERIES.
IV. HIGHLAND rSPORT.
V. ARAGO and" BROUGHAM on CAVENDISH.
VI. LETTERS of MARY QUEEN of SCOTS.
V.I. HUMBOLDT'S KOSMOS.
VIII. TOWNSEND'S .HISTORY of the HOUSE of COMMONS—
PRIVILEGE.
IX. SMALL DEBTS ACT.
X. ECCLESIASTICAL AFFAIRS of SCOTLAND.
XI. WALPOLE'S MEMOIRS of GEORGE HI.
John Murray, Albemarle-street.

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