The Sun.
London, England, 1856-12-24 00:00:00

BANKERS.

nes_ars. Williams, Deacon, Labonchere, Thorn.
In London ton, and Co., Birehin-lane
1/4Messrs, Haukey, 7, Fenchurch-street.
in mOlB (Messrs. Guillochin, Sons, and Co.
In Paris Messrs. Charles Laffitte and Co.

SOLICITORS.
Messrs. Armory, Travers, and Smith, Loudon.
Monsieur Dolez, Avocat, Mons.

BROKERS.
Messrs. Joshua Hutchinson and Son.
Messrs. Laurence, Son, and Pearce.
SECRETARY—T. R. Preston, Esq.
Temporary Offices No. 46, Moorgate-street.

The object of this Company is to develops the resources of
certain collieries, situated in the most central and best portion
I/f the well-known coal basin of Mons, in Belgium. They
ecaprise two distinct sections, of which part is already in
' Working operation, and the remainder consists of comes-
4.7etri from the Belgian Government, granted on condition
wuat the coal shall be werked.
_ The unworked. concession, known as "-Bonne Victeire,'
rtUated at Asquillies, and those applied for, severally called
;`,.Mons Nimy" and " Ghliu," occupy an area of 18,000 acres ;
well-ascertained ooal seams run through their whole
ettent.
The collieries in full work are five, viz., " Bonne Veine,"
„:▪ Bonne Esperance," " Seize Actions," " Ste. Cecile," and
Midi du Henn." They comprise an area of 2,000 acres,
/Pith the right of working sixty-two seams of coal. It is cal-
Voted that their produce could be largely increased, within
4,711 r years, at an outlay of 20,0001. (See Engineer's Report.)
'`ne plant and other works are ample, well constructed, and
substantial ; the engines now at work give an aggregate power
of 939 horses. These collieries are now yielding a minimum
act• profit of 40,0001. per annum (see Report), and it is agreed
uint a preferential interest of 6 per cent. per annum on the
'4.1144 now to be raised shall be the first charge on these
keturns.
The confidence of the vendors of the working Collieries in
,the success of their new undertaking is further shown by
heir agreeing to accept in part payment of their property
20,000 shares (representing 200,0001.) denominated B shares,
tyhich, though considered as paid up, are only to receive di-
M.dends in proportion to the amount paid up on the A shares
cfrered to the public. The remainder of the purchase money,
Consisting of 254,0901., is to be paid in cash, out of the first
(ands of the Company, at any time within two years from
the incorporation of the Company. Two-thirds of the above
20,000 shares will be annulled should the new concessions,
contrary to expectation, fail in yielding coal of a good 'com-
reercial quality, and this proportion of the shares in question
'will not be handed over to the sellers until such produce be
. 'realised.

The coal is generally of a semi-bituminous quality. it is
laded at the several pit-mouths into the waggons of the
Northern Railway of France for conveyance to Paris and the
awns and manufactories along the line, at which there is a
meat demand, and also into those of the Haut et Bas Flenu
tailway (which traverses the collieries of the district, and
gonnects them with the net-work of the State Railways of Bel-
fillin) for the supply of the towns and the extensive manufac-
;tiling districts of Flanders ; the greater proportion of the
however, is conveyed by the Conde Canal, on the banks
""; Which there are extensive sheds, where the boats are loaded.
Z, he existing facilities for transit will be further extended by
the railway now in construction between Mons, Haumont,
and. Maubeuge. The constant demand by railways, iron-
btOrks, gas-works, and for other manufacturing and house-
'
Laid purposes, is more than sufficient to absorb, at all times,
1:10 'utmost produce of the collieries.
At the request of the Directors, a detailed report on the
resent state of the collieries at work. and to be worked, was
trePared by the eminent French Civil Engineer. Mr. F. N.
I Mot, which report has been confirmed by Mr. H Gain. a
%,cal mining engineer of great experience. Subsequently Mr.
'harks Manby, C.E., was deputed to verify the statements
made. A majority of the Directors have also lately made a
Personal visit to the collieries, and having taken every means
t°
Satisfy themselves of the soundness of the undertaking,
a reports, and the truthfulness of the above they now feel justi-
tieel in inviting the investment of capitol in the Association.
The capital of the Company is divided into 10,000 sha-vs
If 101 each, which are sub-divided into two classes, viz , A
preferential Shares, and B Free Shares. The deposit will be
4N,‘ per share, and the first call of 21. per share will be due on
O Ist June, 1857.
The vendors consent to waive their claim to any dividend
• ontheirß shares till 6 per cent. shall have been paid on all
,the
Ashares, thus in fact giving to the A shareholders a pre-
' ferential dividend to the amount of 6 per cent • and in the
P
event of the winding up of the Com y's.alfair s. ' the amount
paid on the A shares will be repaidanto their .11'olders before
any payment is made on the B shares.
Dividends will be paid half-yearly at the Company's bankers
Irt London, Mons, and Paris, upon whatever amount may bo
Paid up on the several shares.
The administration of the Company's affairs in Belgium is
carefully provided for.
The various reports alluded to in this prospectus have been
Printed, and may be obtained on application at the Corn-
Pany's office, as also a chart, showing the position of the
collieries and the new concessions.
Applications for shares must be accompanied by the bank-
erst receipt for a SUM equal to one pound upon every share
applied for. The deposit will forthwith be returned on such
shares applied for as may not be allotted.
Forms of application may be obtained at the brokers'
and at the offices of the Company, 40, Moorg,ate-street.
Each applicant for Shares will be required to pay into one
of the Bankers of the Company, one pound (10 per Share,
on the numbers of Shares applied for, in part payment of the
deposit of 21., in exchange for which a voucher will be
threa. In the event of the Directors allotting less than the
Whole number applied for, the amount paid in will be appro.
Priated towards the deposit of (2/.) per Share payable on those
. allotted. Should no allotment be made to the applicant, the
41°Iley ledged at the bankers' will be forthwith returned free
Of chug,.

FORM OF APPLICATION FOR MARRS.
To the directors of the Mons United Collieries Company
(Limited).
Gentlemen,—Having paid into the hands of Messrs.
the Bankers of the Company, £ to your
Credit, I request that you will allot me preferential A
',hares of 101. each in the capital thereof. I agree to accept
!Itch shares, or any less number that may be allotted to me,
'4 pay the remaining deposit, to execute the articles of asso-
ciation or a printed copy thereof when required, and in all
other respects to conform to the provisions of the Joint Stock
Companies Act, 1856. In the event of my failing to perform
any of these stipulations I agree to forfeit the deposit now
kid by me to your Bankers, and authorise you to cancel the
Qlotiment.

I !.71), Centlem.on, 7o,Tr obedient serrirt,

NaLuc in full
Profession or occupation,,,

Date
Residence in full
Place of /maims, if any