The Sun.
London, England, 1869-03-31 00:00:00

TROUVILLE SUR BIER (NORMANDY)
LOAN of £400,000, SECURED by MORTGAGE DEBEN-
TURES of the TROUVILLE ASSOCIATION (Limited).—
Issue of 40,000 Mortgage Debentures to Bearer of £lO each.
Annual interest 7 per cent., payable half-yearly, in London and
Paris. The First Half-Year's Interest will be payable the Ist
September, 1869.
These Debentures will be redeemable by annual drawings to
begin after the third year at £l2, thus giving a bonus of 20 per
cent.

„—.
Applications for Debentures, accompanied by a deposit of £2
per Debenture, will be received in London by Messrs. Herries,
Farquhar, and Co., Bankers, St. James's-street, London; Messrs.
Robarts, Lubbock, and Co., Bankers, Lombard-street, London.
And in Paris, at the offices of the Association, 51, Rue de Cardi-
nal Fesch.
The affairs of the Association are under the direction of
The Right Hon. Viscount Bury, M.P., Director of the London
and South-Western Railway, 66, Prince's-gate, London, Presi-

dent.
The Hon. William Ashley, Stable-yard, St. James's Palace, Lon-

don.
Monsieur Jacques Adolphe Cordier, Ancien Depute, 124, )3oule-
vart llaussman, Paris, and Chalet Cordier, Trouville, Nor-

mandy.
Algernon W. B. Greville, Esq., 45, Sussex-gardens, London 1
Lientenant-Colonel the Hon. Charles H. Lindsay, M.P., Winch

field, Hants.
Monsieur Dumond de Montcelz, Administrateur des Mines de
Zinc de la 44, Rue de Luxembourg, Paris.
Sampson Lucas Sanville, Esq. (Messrs. S. Oppenheim and Sons),

18, Old Br ad-street. London.
Debentures. .£lO each. The Subscription is payable, £2 on ap-
plication. £2 on allotment, 12 on the Ist of May, £2 on the 15th
June, and £2 on the Ist August.
Or the whole £lO may be paid up at once. in which case dis-
count at the rate of 7 per cent. will be allowed.

BANKERS.

Messrs. IlerCes, Farquhar, and Co., St. James's-street, London.

E!tOKERS,

Messrs. Seymour and Elwyn, ;8, Throgmorton-street, London.
ABRIDGED STATEMENT.
__ ADVANTAGES OF THE DEBENTURES. _ .

Mortgage taken in the joint names of Trustees on behalf of the
Debenture-holders.
Each tl.) Debenture:
Will be secured upon Freehold Land, by mortgage or hypothe-
cation.
_ _

Will be redeemable at £l2 per bond (thus giving a bonus of
20 per cent.), by annual drawings, after the third year.
Will have coupons for interest, payable half-yearly, at the rate
of 7 per cent. per annum attached, and—
Will be accompanied by a warrant certificate, entitling the
holder(in addition to the above bonus) to a distributive share in
half of the surplus profit arising from the ultimate realisation of
the entire property comprised in the mortgage.
Applications for fully paid-up Debentures will be entitled to
priority of allotment.
If no allotment he made the whole of the deposit will be re-
turned without deduction. If the whole amount applied for be
not allotted the excess of deposit will be applied to the future
payments due upon such number as may be allotted, but interest
at the rate of 7 per cent. per annum will be allowed and paid as
above thereon.

An opinion of the soundness of this security, and of the value
of the distributive share of surplus profit offered to the Deben-
ture-holders, may be formed from reports annexed to the printed
particulars, and the consideration that Trouville is one of the
choicest marine resorts in France, where the noblesse spend their
summer. It lies on the coast of Normandy, opposite to Havre,
directly south of the Isle of Wight, and possesses one of the
largest and most comfortable hotels in France, public rooms,
gardens, walks, slopes green to the water's edge, and sands
superior to those of Scarborough or Ramsgate.
From London Trouville may be reached via Dover and Calais,
For lkestone and Boulogne, or via :-outhampton and llavre.
From Paris it is only five hours and a half diste nt by railway.
Plans of the properties and reports of architects and sur-
veyors may be obtained at the. Offices, or will be forwarded by
post.
_ . _ _ . . . .

Full printed particulars of the Loan and forms of subscription
may be obtained of the Bankers, Brokers, and at the Offices
of the Association, namely :-26, Old Broad-street, E.C.; 6,
Whitehall. Westminster, London; and Paris, 51, Rue de Car-
dinal Fesch.