The Sun.
London, England, 1866-03-06 00:00:00

The CREDIT FONCIER and MOBILIER of ENG-
LAND (Limited), in conjunction with the AGRA and
11ASTERMAN'S BANK (Limited), and the NA-
TIONAL BANK, will receive applications for -the
eaPital of -. .
T4-E•
'. IMPERIAL LAND COMPANY of
MARSEILLES (Limited).
, ' Capital £1,600,000 in 80,000 Shares of £2O each.
Deposit on Application £1 per Share, on Allotment £4 per
Share.
It is not anticipated that more than £5 per Share will be
reuired in addition.
Interest at the rate of Ten per Cent. per annum will be
Paid for the first two years, for which Interest Warrants
Payable half-yearly will be attached to the Share Certifi-
cate& After the two years, the profit income on re-sale
of Land already effected, and profit on further sales, will
be applicable for distribution as dividend or bonus.
DIRECTORS.
WAlilliabert Grant, Esq., M.P., Directors of the Credit
Edw Harrison-, Esq., Foncier and Mobilier of
1
ar m d Warner, Esq., M. P., England (Limited).
Colonel James Holland, Directors of the Agra
J. Sy i, and Masterman's Bank
uney Stopford, Esq., (Limited).
Jo (Limited). Neale M'Konna, E5q.,.4.P. Directors of the National
rfal. Renshaw, Esq., ,B. Bank.
ea r,veY, Lewis, Esq., M.P.
E 1:48411 Arrow, Elder Brother of the Trinity House.
.cW• Edvvards, Esq., Director of the General Irrigation
J. Onltany of Fiance (Limited).
Co'Y• Larking' Esa Director of the Egyptian Trading
m-. . -0,
k , gilay (Ltmited).
„. 4,mile de Girardin, Paris.
at.eSrevoefriD nepAubtbaies,turccai,risD.eputy and Secretary of the Cham-
Ve d'Ayguesvives, Chamberlain to the Emperor, and
-
It •
P. .L.,
Pagan bet ofelli, the Chamber
do Madeleine, of
la Deputies.
15, Place Paris.
Th BANNERS.
r
-,...?
arisAgra and Masterman's Bank (Limited), London and
Tile .
The National Bank London, and its Branches in Ireland.
National Bank, of Liverpool (Limited), Liverpool.
Res, SOLICITORS.
k I.
Loalbard Housea, S. Newbon, Evans, and Co.' 28, Nicholas-lime, E.C.
es-sm. 'Valiance nd Valiance, Essex-street, Strand, and
George-yard.
Essex-street,
BROKERS.
• lirs• aliens, Marshall, and Daniell, 3, Lombird-street,
ILO
11efi„,,.: ~...,
t.--e* mil, Fawcett, and Hill, 29, Threadneedle-street,
Ite
h,sBra• Laurence, Son, and Pearce, 7, Angel-court, Throg-
"L°rten-street, E.C.
lion • ENGINEER-IN-CHIEF.
l'eur Paul Borde, Marseilles (Member of the Conseil
Gendml).

SECRETARY (pro tem.)
Alfred Lowo, Esq.
TEMPORARY OFFICES.
17 and 18, Cornhill.

OBJECTS OF THE COMPANY.
Imperial Land Company of Marseilles (which has
uearly 12 months in course of organisation) is este-
pri'leed with a view- of purchasing and acquiring land and
tli,e°Peo.rtY in the important city of Marseilles, the resale of
c0417111e, and the acquisition of concessions and privileges
eft eeted with the development and improvements of the
ktrid port.
N • furtherance of these objects, and after long and vire-
Iu various properties have been purchased
the befit Portions of the city, and where the progress of
'''Provements gives assurance of profitable results.
The PROPERTIES ACQUIRED.
folfewBPTPerties which the Company have acquired are as
1,
The Joliette property, comprising about 2,244,000
7-0, feet of building land, exclusive of streets.
983(0.01,04,11,--enaitrueefeleint.Periale property, consisting of about
ue Catalans property, consisting of theihotel, the
1540-71:tIA1pewtti:jui,113beoCololobo,
square
houses,feet. and building plots, in all
kb° Prado property, consisting of building plots of
,Ut 246,000 square feet.
seen, on reference to the map, that the Com-
toNsi,:' Purchases comprise the lands to the north of the
seal: us well as those to the south, with a large extent of_
c)ard making a total of about 4,900,000 square feet.
itY in MARSEILLES, PROGRESS OF.
Fes, both in population and wealth the first maritime
800,ge runes, contains a dense population of more than
'nee, contains
the past year 18,000 vessels, with
hart,7„ e of upwards of 3,000,000 tons, entered and leftthe
aka t:r. Marseilles commands the commerce of the
4leeir--rruncan, engrosses nearly the whole trade with
uri t:ZI and is the packet station for the Peninsular and
ethee,:',_' Steam Company, the Messageries Imperiales, and
Iverfa7aul packet companies trading with all parts of the
aro It possesses commodious docks and warehouses,
of i",,f Y railways, is in direct communication with all parts
4ence.
tapialb,Old harbour having been found inadequate for the
Of L "J"Panding commerce of the place, the new harbour
ktd ()hate, covering an area of 68 acres,was constructed,
bY b oae'Pstantly crowded with shipping. It is surrounded
"(I quays, with stately buildings on the north side,
Si4ef3 ueNv town is rising rapidly in its immediate vicinity.
Uataealil6o three other basins have been comstructed,
the h Lazaret, d'Arenc, and Napoleon, which doubles
Tii'Z'oeur accommodation of Marseilles.
is EMPEROR'S INTEREST IN MARSEILLES.
eei; takes d that his Majesty the Emperor of tho
]far,seuroces deep interest in the welfare and prosperit.y of
that eB, and the Directors have strong reasons to believe
iepeudji4jesty's gracious and special protection may be
'ue Pres 7 üßen to aid any enterprise having (like
,ectirees t Company) the object of developing the re-
'.l3,ttliwit°l! ,the city, and accerdingly application is intended
acle -"" to be made' by the Directors to obtain the valu-
akeeeoUcession for razing the Fort St. Nicholas, and to
new Catalans Port.
fßy the RUE IMPERIALE.
eet odconstruction of the Rue Imperial', which is 80
utesi on lined by important banding'. direct COM-
the teatioe has been effected between the Rue Canebiere,
tielelauge, the Aucien Basin or old harbour, aud the
the dins or docks above mentioned. This has caused
whiZelition of large blocks of houses, densely occupied,
hou clreltrastance, together with the previous. deficiency
beim. se accommodation , renders the construction of
.newtial.
0g1„11,,,,_8 absolutely necessary for commercial and residen-
Of and causes an eager demand for vacant plots
ng land.
th.J°LIETTE PROPRTY ACIED.
tiniren,lB quarter of the townE, where the commercial re-
„olei;euts of the growing population are so great, the
(an(ll4- has secured about 57 acres of Freehold Building
fave exclusive of streets—and this under exceptionally
tertl.UMble circumstane,es, both as respects situation and
irr.nef Payment.
aior IMPERIALE. PROPERTY ACQUIRED.
ieaper; ,Luan 98,000 square feet of this land are in the Rue
sifu-,,te,- the finest street in Marseilles. The remainder
Dort nr,ct in the Quartier de la Joliette, commencing at the
'Jocks"' Joliette, and extending the whole length of the
keit% the Basin d'Arenc, the Port Napoleon, and termi-
streetg at the Basin Radoub. These lands are traversed by
Pusf
`r(un 40 to 50 feet wide, in connection with the
toillidruPeriale by the Boulevard Maritime, and are sur-
e(' by an industrious and thriving population.
, TERM OF PURCHASE.
Lopepeand will be handed over to the Company completely
aoria.n7u, With all the streets and footpaths paved, drainage
Ivat`eete, gas laid on, and provision made for the supply of
r to the topmost storeys.
bY the conditions of the treaty for the acquisition of
be ,"liette Estate, it is stipulated that six years should
lioVen, by which time the estate is to be covered with
attl,7B, the option is reserved to the Company for the
piliT,Period, during which it may elect either to pay the
kehTese-money in one sum, or to make an annual pay-
of equal instalments, extending over a period of
Y Years, with a fixed rate of interest and sinking fund.
PROFESSOR DONALDSON'S REPORT.
cefore the treaty for this portion of the property was
ktlitnded, the purchasers secured the services of Pro-
Donaldson (lath President of the Institute of British
prl;7'tects) to personally investigate the operationstm
sites! use at Marseilles, and the character and value of he
A copy of his report accompanies the prospectus.
CATALANS PROPERTY ACQUIRED.
huae Catalans properties are in the immediate neighbour-
6, eLf the Marine Residence of the Emperor, and command
taik-1113;ag.e to the sea of about a mile in length. They are ad-
'Y situated both for business premises and private
lurrzni-Gs NOW ON CATALANS ESTATE.
he7U,Y first-class houses are already erected; a magnificent
(se,' pow open), having 140 rooms ; and the Imperial Club
111 Course of construction), of noble architectural ele-
User', surrounded with terraces and gardens, all laid out
t er
Government plan. There is an extensive Bathing
da4ablfehinent, often frequented by more than 5,000 bathers
ly.
F 0,,, la district will undergo a radical improvement when
fro' 1. St. Nicholas, which separates the Catalan property
are ut the centre of the town, shall have been demolished, a
ree*Aport constructed, and additional streets made, so asto
the
Told complete the facilities for communication between
Told and new portions of the town.
Qail° municipality of the town of Marseilles engage, at
lOwn expense, to lay down gas, make Macadamised
,8, and insure a proper water supply for the houses.
40 to uere are in this quarter about four miles of streets from
SO feet in width, which have been recently openedand
1,1 d with gas ; and the Boulevard la Corderie (72 feet in
Of tr, and lately opened for traffic) forms a continuation
thesplendid promenade of the Prado.
h 0 district communicates with the Quai de Rive Neuve,
fa:centre of the old port. and of the commerce of the
d( by the Boulevard de l'Empereur. All these important
he furnish assurances of great success ; and there can be
"cubt that this portion of the Company's properties will
Gold at a price which will yield a very large profit.
THE PRADO PROPERTY.
it( The Prado Lands are near the Southern Railway Station,
".11 ad • sition and well adapted for the estab-
81ue nnra
e h Ste
nt of ware ouses, s ops, .
lewith respect to the value and prospects of these proper-
48' report
comp Mr. P. Borde, the well-known
amplerennee, of
arseilles aanies this prospectus, giving d-
ethereoll.
,„, AMOUNT AND PERIOD OF PAYMENTS.
4:2"-110 total amount of purchases is £3,325,163 ; of this sum
( 4668,648 is payable by instalments spread over various
and extending in part to a period of 50 years, and
,-17 £656,523 in cash, on taking over the estates ; caution
a;:,?,„11eY being lodged in the meantime for the due observ-
p.,'",_of the Company's engagements. It is therefore 9x-
-1,0`,..‘cd that, with the aid of the Company's borrowing
tilo'vere, not more than £lO per share will be required on
shares not fully paid up on allotment. Thus; with a
fu'Paratively small amount of capital, the shareholders
p;itv.ti the advantage of tdprofi erivable from dealing with a
large extent of property.

JOLIETTE PROPERTY RESOLD.
648 evidence of the value of the purchases, the Directors
we the satisfaction to announce that they have a;ready
4Vecluded arrangements with an association of builders at
I.4(rseilles, to transfer to them one of the properties (the
I,:liette Property) at a profit of about £600,000, such pro-
tzty and profits to be paid for by Annuities and Sinking
p4'21(1,, giver a period of 30 years,with. option on theirpart to
otl Mthe whole at any time during five years, with an
fo,!lKation on the part of the contractors to deposit a sum of
D:r millions of francs (£160,000) as caution money, at fixed
cill;:b3,18 (the first instalment of which was paid on the exe-
V,Oll of the contract), and also to cover the property with
~,( shareholders a eriod of five years at their own cost.
ail; Ile will have the benefit of this contract,
1,, (1 from October, 1867, will receive the income derivable
001 this contract, viz., the difference between the Annul-
ta be paid and received by the Com,
the tis in-
-1,:1:4e joined to the existing revenue Catalansfpromany
ding that
well as to tho anticipated profit on further sales
-Log that period, will, it is estimated, not only enable the