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

PHE WOOD-STREET WAREHOUSE COM-
PANY (Limited), Late Hugh Jones and Company.—incor-
porated under the Companies' Acts, 1862 and 1867.—Capital
£300,000, in 60,000 shares of £6 each, of which £1 per share is to
be paid on application, and £2 on allotment. No further call
will be made without three months' notiee of such intention.
Two-thirds of the capital has been already applied for.
DIIIECTORS.
Hugh Jones, Esq., Wood-street.
C. M. Yglesias, Esq. (Messrs. J. It. Yglesias and Co.).
George Buck, Esq. (Messrs. Hardy and Buck).
William Whitworth Limbert, Esq., Milton-on-Thames.
James John Frost, Esq. , WarringtonLodge, Streatham-common.
Arthur Wellesley Healy, Esq., The Hollies, Clapham.

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The National Bank of Scotland, London.
SOLICITORS.
Messrs. Crosley and Burn, 24, Birchin-lane.
AUDITORS,
Messrs. Good and Daniels, Public Accountants, 7, Poultry,

BROKERS.
Messrs. Robins and Barber, 29, Threadneedle-street.
OFFICES.
100, Wood-street, Cheapside.
SECRETARY (PRO TEM.).
Mr. H. J. estrup.
PROSPECTUS.

This company has been incorporated for the purpose of pur-
chasing the extensive and well-known business of Mr. Hugh
Jones, Warehouseman, as carried on by him since the year 1860,
in Wood-street, Cheapside, under the firm of " Hugh Jones and
Company."
The character of the undertaking, and its prospects as an in-
vestment, may be estimated by the circumstance that the greater
portion of the fortune of which Mr. Hugh Jones is possessed
has been realised by him out of the profits of this business,
which is now in full activity, and capable of still further de-
velopment.
The terms of purchase for the whole of the freehold and lease-
hold premises, being Nos. 100 to 110, in Wood-street, the stock
in-trade, business, and good-will, details of which terms are fully
set out in in the contract for purchase filed with the memoran-
dum and articles of association, involve an aggregate payment
of £171,080, subject to any difference in the value of the stock
on the day of taking possession. _ .

Mr. Hugh Jones subscribes for 20,000 shares (being the maxi-
mum amount allowed by the rules of the Stock Exchange), in-
volving a present payment by him to the company of a per
share, or £60,000 ; and with a view to the provision of an ample
working fund, aud at the same time to obviate the necessity of
calls, Mr. Hugh Jones has agreed to lend the company a further
sum of £70;000, 5 per cent. interest, for a period of three years.
A portion of the unsubscribed capital has been reserved for
the customers of the house, who number about five thousand,
and the residue is offered to the public.
The shareholders may reasonably anticipate a minimum divi-
dend upon the capital invested of 10 per cent. per annum, with
a bonus of greater or lesser amount, according to the state of
trade.

Mr. Hugh Jones has consented to act as managing director of
the company, and the services of the whole of the staff of tra-
vellers, managers, and clerks (many of whom have been in the
establishment from the commencement of the business) may be
retained.

Copies of the Memorandum and Articles of Association, and
of the Contract for Purchase, can be seen at the Offices of the
Company, Brokers, and Solicitors.
Applications for shares must be accompanied by a deposit of
£1 per share on the number of shares required,
Prospectuses and forms of application may be had at the
Offices of the Company, and of the National Bank of Scotland,
37, Nicholas-lane, E.C.; Messrs. Crosley and Burn, 24, Birchin-
lane, E.C.; Messrs. Robins and Barber, 29, Threadneedle-street,
8.C.; and Messrs. Good and Daniels, 7, Poultry, E.C.