The Sun.
London, England, 1860-02-23 00:00:00

Months.

A clause in the deed of settlement especially provides that
every policy issued shall distinctly bear on
sh►
the
ll alone t ace of it hat
the the capital and property of the Company abe
swerable for the settlement of its claims and engagements,
and that no shareholder shall be liable beyond the amount o
his or her share or shares in the capital stock of the Company.f

DIRECTORS.
CHAIRMAN—AdmiraI Sir HENRY LEEKE, K.C.8., K.H.,
M.P., 23, Ovington-square.
George Braing-ton, Esq. Banker and Shipowner, Torrington.
James Laming, Esq, Director of the London and County
Bank.
James Nugent Daniell, Esq, Chairman of the Blaeiwall Rail-
way Company.
Mark Whitwill, Esq (Firm of Mark Whitwill and Son, Mer-
chants and Shipowners), Bristol.
John Averay Jones, Esq (Firm of Jones and Nash, Timber
Merchants and Shipowners), Bristol.
Charles Wells, Esq (Firm of Bremer, Wells, and Sloman,
Merchants and Shipowners), Hull.
Henry T. Watson, Esq (Firm of H. T. Watson and Co., Ship-
owners), Hull, Grimsby, and Goole.
Henry Fox, Esq (Firm of Fox, Bromham, and Lewis, Mer-
chants and Shipowners), London and Liverpool.
Ingram Chapman, Esq, Director of United General Gas Com-
pany
Frederick John Price Esq (Firm of Price and Co., Merchants),

Tower-street
Thomas Cotterell, Esq., Eaton-square, late Sheriff of London
and Middlesex.
With power to add to their number.

UNDERWRITER.
Negotiations are pending to secure the services of one of the
most experienced Underwriters in London. '
BANKERS—The London and County Bank, Lombard-street.

STOCKBROKERS.
George E. Seymour, Esq, Throgmorton-street.
Messrs. Crosley Brothers, 30, Coruhill.
SOLICITORS—Messrs. Crosley and Burn, 34, Lombard-street
SECRETARY PRO TEm—Henry E. Warren, Esq.
TEMPORARY OFFICES.
79, LOMBARD-STREET, Loudon, E.C.
The Company is established for effecting the General In-
surance of Shipping-mid Cargoes, and also the Insurance of
Bullion, Passengers' Baggage, and effects ; and to provide
more immediate facilities for transaotingbusiness at the prin-
cipal ports of the United Kingdom than have hitherto been
adopted by institutions of this kind.
Th. Directors on publishing the Prospectus of the London
and Provincial Marine Insurance Company, announce that a
considerable number of shares has already been subscribed
for by some of the principal merchants and shipowners in the
various ports of the United Kingdom, whereby future policy
business will be greatly influenced.
The value of Marine Insurance, as an investment, is shown
n a very striking manner by the following statistics :
VALUE OF SHARES IN MARINE INSURANCE COMPANIES.
Paid. Present price.
The Alliance £25 0 0 ..£6O 0 0
Indemnity (£5 13s ad, inereased by
bonuses to) 5O 0 0 .. 170 0 0
London
Marine (£l5, increased by bonuses
to)
Royal Exchange lOO 0 0 .. 800 0 0
Application for shares, in the usual form, will receive im-
mediate attention, but no application will be taken into con-
sideration unless a deposit of 2s per share be paid into the
Company's bankers, to be allowed in payment of the first
call, or returned in the event ofshares not being allotted.
All communications on the business of the office to be ad-
dressed to the Secretary, at the temporary offices of the Com-
pany, 79, Lombard-street, London, E.C.

THE GREAT NORTHERN PALACE
COMPANY" (Limited).
PALACE OF THE PEOPLE, MUSWELL-11 ILL.
Share Capital £lOO,OOO, In 40,000 Shares of C 0 each.
Debenture Capital, 440,000.
DIRECTORS.
The Right Hon. VISCOUNT TORRINGTON, Chairman.
C. W. Faber, EN, Director of the Great Northern Railway
Company.
Francis Parker, Esq, Director of the Great Northern Railway
Company.
Archibald Frederick Paull, Esq., Director of the Great
Northern Railway Company.
I. N. Daniell, Erg, Chairman of the Blackwell Railway Com-
pany.
Geo. Gamble, Esq, Director of the Manchester, Sheffield, and
Lincolnshire Railway Company.
The Hon William Napier.
Herbert Ingram, Esq,
William Ford, Esq, Mieto-street, Edinburgh.
Charles Jack, Esq, Beech Hill Park. Enfield-ohase.
F, B. Rew, Esq, Grove House, leinchley-oominoa,
BANitxne.
Messrs. Masterman, Peters, and Co, 35, Nicholas-lane,
Lombard-street.,
SOLICITORS.
Messrs. Hughes, Kearsey, and Co, 17, Bucklersbury.'
AUDITORS.
Messrs Alison and Waddell, 7A, Basingliall-street.";
A.nenrrzeT—Owen Jones, Esq.,
ENGLNEER—Sir Charles Fox.
OFFICES-61, Gresham House, Old Broad-street. '
SECRETARY, PRO TEM—Captain Barlow.
The Crystal Palace at t ydenham was established for the
purpose of providing on a large scale the means of iatellec-
tual improvement and physical recreation for all classes of
the community. In this respect the experiment has been so
successful that, although situated on the Southern side of the
Thames, at a distance of about eight miles, by Railway, from
London Bridge, and consequently difficult of access to the
immense majority of the Metropolitan population, it ap-
pears by the last report that 1,384,163 persons visited it during
the twelve months ending 31st October, 1559, and the net
profit realised during the same period amounted to £45,315
10s. ad_ equivalent to 71 per cent. on the capital of this Com-
pany, viz. £600,000.
The Palace of the People at lkfuswell-hill will be readily ac-
cessible to the vast population on the Northern side of the
river, numbering more than a million and a halt of persons,
who will not be subject to tile inconvenience of being obliged
to pass through the crowded streets of London. No institu-
tion of a similar character exists in this quarter; and it is a
remarkable fact that this populous and wealthy district is en-
tirely destitute of any great centre of attraction, where the
improvement and recreation of the masses can be combined.
The site selected for the Palace of the People possesses
peculiar advantages for the erection of a building devoted to
general instruction and amusement. It is on the line of the
Great Northern Railway, within a quarter of an hour's jour-
ney from King's-cross, and from its elevated position it com-
mands extensive and beautiful views in all directions. The
wraitlialeine will irlaldioccust
oicysinxeamrliyiesth,,ocfolanec3irrficlea,telinic,
igine
Tot-
teridge, Barnet, East Barnet, Southgate, Edmonton, Enfield,
gate, Kentish-town, tHampstead, Hendon, Finchley,
Stoke Newington, Tottenham, Clapton, Homerton, Hackney,
o centrern s ey
Ktngsland, Stamford-hill, Finsbury, Islington, Highbury,
Holloway, Camden-town, Hyde-park, the Regent's-Park,
Maida-hill, St. John's-wood, Westbourne-terrace, Padding-
ton, and Bayswater. From many of these places it will be
within an came, walk, and from all the others it will be within
a short drive by omnibus or carriage.
Passengers arriving by the London and North-Western,
Midland, Great Western, and Eastern Counties Railways, will
reach the l'alace without traversing the streets of London,
and the trains of the Blackwell, North London, and Metro-
politan Railways will convey visitors every quarter of an hour
from leenchurch-street, Farringdon-street, Paddington, and
the intermediate stations. The works on the Metropolitan
Railway are already commenced, and it is expected to be com-
pleted before the opening of the Palace.
The estate which has been secured for the purposes of the
Company consists in the whole of about 450 acres of tile finest
land in the county of Middlesex, well supplied with water.
thoroughly drained, and interspersed with ornamental tim-
ber. It is intended to appropriate 150 acres to the special use
of the Palace and grounds. A reserve of 30 acres will be made
in favour of benevolent institutions, connected with art,
science, literature, music, horticulture, and the railway in-
terest. The remainder of the Estate (about 270 acres) is
admirably adapted for the erection of suburban villas.
It is impossible to estimate the value which this surplus
land will ultimately realise ill consequence of the construe-
of the Palace and of the Branch Railway running through it,
whereby direct access will be secured to the heart of London,
over the Great Northern and Metropoitan Lines.
The Palace of the People is projected in no spirit of opposi-
tion to the Crystal Palace at Sydenham. Experience has
proved that fair competition is favourable to all sound enter
prises, and although the range of local visitors which the
situation of the Palace of the People must command would
seem to be of itself sufficient to ensure success, the general
public may expect to derive advantage from the stimulus
which each undertaking will receive from the efforts of the
other.
In designing the Palace of the People, the Architect, Mr.
Owen Jones, has endeavoured to secure some important ad-
ditional attractions over its predecessors in Hyde Park and
at Sydenham, combined with a considerable saving of expense.
A large dome, visible from all parts of the building, will
cont sin a Winter Garden, in which a proper heat will be
maintained, without inconvenience or -injury to the rest of
the Palace. Semicircular colonnades at eachend of the nave
will be devoted to re; reshment courts.
A spacious Concert Room, or Lecture Theatre, surrounded
by corridors, projects from the centre of the building on the
north side. This Theatre will eentain many thousand per-
, sons comfortably, and the corridors will enable them to take
their seats, and to disperse with facility. Beneath the plat-
cover,
form on which the Concert Room stands, is the Railway Sta-
tion,
.h passengers w,l l
ivi a tra
loing.chet eunntde
rt egbl
auzi
el ddi neogr,
rui
dnodr.
e r
wietrielout the fatigue of a long ascent. Visitors by car-
In e and on horseback
arranging the plan of the ground.. Mr. John Spencer, of
Bowood, has endeavoured not only to make them objects of
beauty and interest, but to furnish instructive examples of
gardening.
round the grounds, Ample space is provided for out-door amusements, in-
eluding e Archery,
w
RidingerybiCdritwekient,beacuadrried ; and, by means of a
in-
valids and equestrians will be able to witness these sports,
and to enjoy the beauties of the scenery without alighting..
A distinctive feauture of the Palace of the People will be
Geography, the endeavour to render the resources of the Institution sub-
Astronomy, Geology, Mineralogy,
sub-
servient to the cause of Popular Education. English His-
tory, a systematic manner; and
Economic Botany, and Ornamental Planting
Horticulture,
taught and illustrated on an extensive
will be practically
scale.
Mining, will all be illustrated in and
of Lectures P
of this object by means , riz, and
motion which will be confided to a Council
otherwise ; the control of
will preside over the Educational
Provision will be made for a Fund to be applied to th
en pro-
Department. The Right
President a this Council.
who'l-In. Lord Brougham has kindly
ocofndsisetnitnegdutioshaecmd i;tenti.le
office
of
t the kineelom and eetings
Mechanic's Institutes, throughou
lassociatedwith
e permanent y wt
of such bodies as may become
will be held in the Palace at convenient
Special advantages will be offered to Colleges, Schools, and
tile nndertaking,
periods.
f the Railway to and
Railway Company for the working o
and such as
from the l'alace on terms of mutual advantage,
An agreement will be entered into with the Great Northern
will ensure ample accommodation to visitors.
ws The Shares
wlil be of the value of £lO each, and theo
The Financial Arrangements are as toll
Shareholder is limited to the amount of his
Dee
per .ishare will be payable on allotment. Three instalment
860 31st De-
liability:of each
holding. £2 10s.
of £2 10s. each will be payable on 30th June, 1 ,
cember, 1860, and 30th June, 1861, respectively.
Every original Subscriber for not less than Ten Shares will
be entitled to receive a Free Ticket, giving admission to tile
Palace and Grounds for a period of 10 years a
open-
ing, in addition to dividends.
Taking as a basis of calculation the ascertained results
ose
the Crystal Police, and applying these results to the prop
_
, at
undertaking, with the additional attractions, and facilities of
access above referred to, and regard being had to the greedy
reduced amount of capital required, a handsome return on the
shares may be confidently reckoned upon.
Applications for Shares may be addressed, in tile annexed
form, to the Directors, at the Offices of the Company, NO. 61,
Gresham House, Old Bro id-street, City.