The Sun.
London, England, 1856-12-25 00:00:00

DIRECTORS.

Lieut.-General the Right Hon. Lord James Hay, Chairman.
Te Right Hon. Lord Viscount Bury.
Lieut.-Col. the Right Hon. Lord Arthur Hay.
Baron Gudin, Chateau Beaujon, Paris.
William Gladstone, Esq., (Messrs. Thomson Bonar and
ea.), Old Broad-street.
J. Fortescue Harrison, Esq., Cambridge-square, Hyde.
park,

Robert William Kennard, Esq., Upper Thames-street.
Alexander Miller, Esq., Ashford-house, Middlesex.
Arorrons—(To be appointed at the first General Meeting).

RASHERS.

{Messrs. Williams, Deacon, Labouchere, Thorn-
In London ton, and Co., Birchin-lane.
Messrs. Hankey, 7, Fenchurch-street.
In Mons iMessrs. Guillochin, Sons, and Co.
In Paris Messrs, Charles Laffitte and Co.

SOLICITORS.
Messrs. Amory, Travers, and Smith, London.
Monsieur Dolez, Avocat, Mons.

BROKERS.
Messrs. Joshua 'Hutchinson and Sen.
Messrs. Laurence, Son, and Pearce.
SECRETARY—T. B. Preston, Esq.
Temporary Offices No. 46, Moorgate-street.

The object of this Company is to develops the resources of
certakt collieries, situated in the most central and best portion
of ills well-known coal basin of Mons, in Belgium. They
elleaprise two distinct sections, of which part is already in
1.41 working oper ,tion, and the remainder consists of concos-
lions from the Belgian Government, granted on condition
that the coal shall be worked.
The unworked concession, known as " Bonne Victcire,
situated at Asquillies, and those applied for, severally called
Mons Nimy" and " Gblin," occupy an area of 18,000 acres;
.°-;(; well-ascertained coal seams run through their whole
eAlent.

The collieries in full work are five, viz., " Bonne Veine,"
it Bonne Esperance," " Seize Actions," " Ste. Cecile," and
" Midi du Flenu." They comprise an area of 2,000 acres,
with the right of working sixty two seams of coal. It is cal-
elliated that their produce could be largely increased, within
four years, at an outlay of 20,000/. (See Engineer's Report.)
The plant and other works are ample, well constructed, and
substantial ; the engines now at work give an aggregate power
°f 939 horses. These ccllieries are now yielding a minimum
bet profit of 40,0001. per annum (see Report), and it is agree,'
that a preferential interest of ti per cent. per annum on the
'capital now to be raised shall be tue first chargo on these
returns.

The confidence of the vendors of the working Collieries iu
the success of their new undertaking is further shown by
their agreeing to accept in part payment of their property
20,000 shares (representing 200.(1001.) denominated t: shares,
'Srhich, though considered as paid up, are only to receive di-
vidends in proportion to the amount paid up on the A shares
offered t) the public. The remainder of the purchase money,
Consisting of 254,0001., is to be paid in cash, out of the first
funds of the Company, at any time within two years from
the incorporation of the Comp thy Two-thirds of the above
20,000 shares will be annulled should the new concessions,
'et:Rarely to expectation, fail in yielding coal of a good com-
-oercial quality, and this proportion of the shares in question
'Will not be handed over to the sellers until such produce be
ealised.
The coal is generally of a semi-bituminous quality. It is
leaded at the several pit-mouths into the waggons of the
northern Railway of France for conveyance to Paris and the
towns and manufactories along the line, at which there is a
41'eat demand, and also into those of the Haut et Bas Flenu
ltailway (which traverses the collieries of the district, and
connects them with the net-work of the State Railways of Bel-
!him) for the supply of the towns and the extensive manufac-
turing districts of Flanders ; the greater proportion of the
:°4,, 1) however, is conveyed by the Conde Canal, on the banks
„,"1, Which there are extensive sheds, where the boats are loaded.
:,!le existing facilities for transit will be further extended by
railway now in construction between Mons, Haumont,
411 d Maubenge. The constant demand by railways, iron-
Taro,rks, gas-works, and for other manufacturing and house-
' hold Purposes, is more than sufficient to absorb, at all times,
the ntraost produce of the collieries.
At the request of the Directors, a detailed report on the
Present state of the collieries at work, and to be worked, was
tePared by the eminent French Civil Engineer, Mr. F. N.
tldot, which report has been confirmed by Mr. H. Gain, a
7%1 mining engineer of great experience. Subsequently Mr.
Charles M.'nby, C.E., was deputed to verify the statements
made. majority of the Directors have also lately made a
personal visit to the collieries, and having taken every means
eatiesy themselves of the soundness of the undertaking,
aAd the truthfulness of the above reports, they now feel justi-
d In inviting the investment of capital in the Association.
the capital of the Company is divided into 100,000 shares
otoo/, each, which are sub-divided into two classes, viz., A
deferential Shares, and B Free Shares. The deposit will be
Per share, and the first call of 2/. per share will be due on
--ge let June, 1857.
The vendors consent to waive their claim to any dividend
ZI their B shares till 6 per cent. shall have been paid on all
e A shares, thus infect giving to the A shareholders a pro-
-1 cent.ial dividend to the amount of 6 per cent. ; and in the
!vent
,of the winding up of the Company's affairs, the amount
„ i"Lk on the A shares will be repaid to their holders before
Cy Payment is made (At the B shares. '
Oividends will be paid half-yearly at the Company's bankers
72, onden, Mons, and Paris, upon whatever amount may be
d 'up on the several shares.
4 The administration of the Company's affairs in Belgium is
4r..,e,fnilY provided for.
The various reports alluded to in this prospectus have been
,s.v,llited, and may be obtained on
thenappli at the Come
office, as also a chart, showing positi,n of the
tellieries and the new concessions.
APplicatious for shares must be accompanied by the bank-
;ts/I',receipt for a sum equal to oue pound upon every share
shares
for. The deposit will forthwith be returned on such
tee applied for as may not be allotted.
'6ll7aS of application may be obtained at the brokers'
td. at the offices of the Company, 40, Moorgate street.
Bach applicant for Shares will be required to pay into one
oi
the Bankers of the Company, one pound (11.) per Share,
411 the numbers of Shares applied for, in part payment of the
eposit of 21., in exchange for which a voucher will be
ven• In the event of the Directors allotting less than the
thole
• Prlated
number applied for, the amount paid in will be appro-
c, towards the deposit of (2/.) per Share payable on those
kijontted Should no allotment be made to the applicant, the
sp°,l33, ledged at the bankers' will be forthwith returned free
• eattrge.

FORM OF APPLICATION FOB SHARES.
To the directors of the Mons United Collieries Company
(Limited).
, faettlemen,—Having paid into the hands of Messrs.
, the Bankers of the Company, £ to your
credit, I request that you will allot me
shares of 10/, each in the capital thereof. I apgrrecefetroenatcialcepAt
Bch shares, or any less number that may be allotted to me,
NY the remaining deposit, to execute the articles of asso-
cation or a printed copy thereof when required, and in all
Companies reects to conform to the provisions of the Joint Steck
Act, 1856. In the event of my Winn- to perform
;I'7 of these stipulations I agree to forfeit the deposit now
-441 by me to your Banhors, and authorise you to cancel the
allotreeut.
I am, Gentlemen, your obedient servant,

Nam,-. in ,
............
Profeszion or occupation
Date
Residence in full
Placo of business, if any