The Sun.
London, England, 1866-02-27 00:00:00

The CREDIT FONCIER and MOBILIER of ENG-
LAND (Limited), in conjunction with the AGRA and
MASTERMAN.S BANK (Limited), and the NA-
TIONAL BANS, will receive applications for the
capital of
TRL
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
It Share.
is not anticipated that more than £5 per Share will be
required 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-
cates. 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.
Alilliam bert Grant, Esq., M.P , Directors of the Credit
llarrison, Esq., • Foncier and Mobilier of
,Ilirarti Warner, Esq., M. P., England (Limited).
Directors of the Agra
ceinnelJames Holland,
'T. Sydney Stopford, Esq., and Mastennan's Bank
(Limited). ,
Joseph Neale M.Kenns, Esq.,
Directors of the National
B. Renshaw, Esq., Bank.
jarITP.Y, Lewis, Esq., M.P.
atlan Arrow, Elder Brother of the Trinity House.
w• Edwards, Esq Director of the General Irrigation
tioin
J'
Pany of Fiance (Limited).
~.„'v• Larking, Esq., Director of the Egyptian Trading
k.orn
, Pany (Limited).
„.• Lillie de Girardin, Paris.
Severin Abbatucci, Deputy and Secretary of the Chain-
her of Deputies, Paris.
"P. 46 d'Ayguesvives, Chamberlain to the Emperor, and
ir"etnber of the Chamber of Deputies.
"-`• P. Paganelli, 15, Place de la Madeleine, Paris.
T BANKERS.
h- —gra and Mastorman's Bank (Limited, London and
PaAris,
The National Bank London, and its Branches in Ireland.
ae National Bank, of Liverpool (Limited), Liverpool.
SOLICITORS.
derem's.Newbon, Evans, and Co., Nicholas-lane, E.O

and Valiance, Isiex-street, Strand, and
Lombard House, George-yard.
BROKERS.
E
"Sr& Maliens, Marshall, and Daniell, 3, Lombard-street,
.0.
Messrs. 11111, Fawcett, and hill, 29, Threadneedle-street,
'Aessrs. Laurence, Son, and Pearce, 7, Angel-court, Throg-
morton-stroet, E.C.
ENGINEER-IN-Chit.F.
Moncieur Paul Borde Marseilles (Member of the Conseil
dndra 1). ,

SECRETARY (pro tem.)
Alfred Lowe, Esq.
TEMFORAILY OFFICES.
17 and 18, Cornhill.

The OBJECTS OF THE COMPANY.
beelmperial Land Company of Marseilles (which has
bl' nearly 12 months in course of organisation) is esta-
'shed with a view of purchasing and acquiring land and
ItV'ertY in the important city of Marseilles, the resale of
ebb- same,_ and the acquisition of concessions and privileges
elltaenctod clpowrLth the development and improvements of the
fui 111 furtherance of these objects, and after long and care-
f'flyestigation, various properties have been purchased
ith -4e, best portions of the city, and where the progress of
e Improvements gives assurance of profitable results.
Thwe PROPERTIES ACQUIRED.
fell which the
Prepe ies rt' Company have acquired are as
o
l• The Joliette property, comprising about 2,244,000
square feet of building land, exclusive of streets.
98 0,,, he Rue Imperiale property, consisting of about
vu square feet.
• Tlie Catalans property, consisting of thelhotel, the
ab,rtal Club, baths, houses, and building plots, in all
A.O ?,300,000 square feet.
ab"te ha Prado property, consisting of building plots of
It
246,000 square feet.
palt will be seen, on reference to the map, that the Com-
te,,,llVS purchases comprise the lands to the north of the
re"jl as well as those to the south, with a large extent of
auoard ; making a total of about 4,900,000 square feet.
MARSEILLES, PROGRESS OF.
arseilles, both in population and wealth the first maritime
4 Prance, contains a dense population of more than
a t )000 souls. During the past year 18,000 vessels, with
haptcsge of upwards commands 30000 tons, entered and leftthe
Itrea"„ur• Marseilles the commerce of the
Ar",erranean, engrosses nearly the whole trade with
erial and is the packet station for the Peninsular and
etbentul Steam Company, the Messageries Imperiales, and
Weeir,iBleam packet companies trading with all parts of the
abct:t• It possesses commodious docks and warehouses,
of Frahm °ilways, is in direct communication with all parts
1. he
rabid, old harbour having been found inadequate for the
of 'Y expanding commerce of the place, the new harbour
and
a Joliatte, covering an area of 68 acres,was constructed,
by constantly crowded with shipping. It is surrounded
ttad road quays, with stately buildings on tho north side,
a new to is rising rapidly in its immediate vicinity.
hanice- 1860 three other basins have been comstrueted,
the Led Du. Lazaret, d'Arenc, and Napoleon, which doubles
T„"arbeur accommodation of Marseilles.
EIIPEROR'S INTEREST IN MARSEILLES.
pr.A., is well known that his Majesty the Emperor of the
11.;"ch takes deep interest in the welfare and prosperity of
that s, and the Directors have strong reasons to believe
de has Majesty's gracious and special protection may be
tlVued upon to aid any enterprise having (like
seur!esent Company) the object of developing the re-
forti(43B of the city, and accordingly application is intended
able lwith to be made by the Directors to obtain the valu-
kmteeencession for razing the Fort St. Nicholas, and to
the new Catalans Port.

RUE IMPERIALE.
BY thefeet wile construction of the Rue Imperiale, which is 80
k ,
has ined by important buildings, a direct c.orn-
tiallication been effected between the Rue Canebiere,
holewlilLebange, the Ancien Basin
.or old harbour, aid the
the reins or docks above Tnentioneitz hi bee caused_
wl .demolition of large blocks of houses, densely occupied,
ef rich circumstance, together with the previous deficiency
bsibTlae accommodation, renders the construction of new
Vat ~,'l"gs absolutely necessary for commercial and residen-
of hvaruilding Poses, and
land causes an eager demand for vacant plots
in 3, JOLIETTE PROPERTY ACQUIRED.I
qa-- "us quarter of the town, where the commercial re-
Con, of the growing population are so great, the
L 1111,,PanY has secured about 57 acres of Freehold Building
fa4l.,,'s exclusive of streets—and this under exceptionally
te "-urable circumstances, both as respects situation and
rnie °f Payment
JitrE
aIorMPERIALE. PROPERTY ACQUIRED.
L0pe,..”...an 98,000 square feet of this land are in the Rue
situ the— finest street in Marseilles. The remainder
ated in the Quartier de la Joliette, commencing at the
b,,,,r1,_0f La Joliette, and extending the whole length of the
the Basin d'Arenc, the Port Napoleon, and termi-
atr gat the Basin Radoub. These lands are traversed by
lineets from 40 to 50 feet wide, in connection with the
-e ImPeriale by the Boulevard Maritime, and are Bur-
l:landed by an industrious and thriving population.
TERM OF PURCHASE.
1,, The land will be handed over to the Company completely
ttelled, with all the streets and footpaths paved, drainage
'ompleto, gas laid on, and provision made for the supply of
to the topmost storeys.
t,..kikby the conditions of the treaty for the acquisition of
Lue Joliette Estate, it is stipulated that six years should
h° given by which time the estate is to be covered with
e;,..aaes, 'the option is reserved to the Company for the
Aar .Period, during which it may elect either to pay the
'''rehase-money in one sum, or to make an annual pay_ rrt ay.
tiieirt-; of equal instalments, to extending over a period of
Years, with a ffixed eof interest and sinking fund.
PROFESSOR DONALDSON'S REPORT.
Before the treaty for this portion of the property was
fce°3°...cluded, the purchasers secured the services of Pro-
Donaldson (late President of the Institute of
in
British
pro'hitects) to personally investigate the operations
sites, greas at Marseilles, and the character and value of tho
es- A copy of his report accompanies the prospectus.
CATALANS PROPERTY ACQUIRED.
her Catalans properties are in the immediate neighbour-
of the Marine Residence of the Emperor, and command
-.ront
ail age' to the sea of about a mile in length. They aro ad-
VillasY situated both for business premises and private
ItT,,IIPINGS NOW ON CATALANS ESTATE.
hoter7Yurst-class houses are already erected; a magnificent
(now `inn"° open), having 140 rooms ; and the Imperial Club
vatie„-' course of construction), of noble architectural ele-
Usd,-,prrounded with terraces and gardens, all laid out
E&taL.Lo,e Government plan. There is an extensive Bathing
daih,:useraent, often frequented by more than 5,000 bathers
Trh*
/lost 018 diStriCt will undergo a radical improvement when
frotelt• liicholas, which separates the Catalan woperty
aesp „''ue centre of the town, shall have been
ritedemolished,a
reoert constructed, and additional streets made so between
the oeirAcoMplete the facilities for communication
thl
and new portions of the town.
-Manicipality of the town of Marseilles engage, at
`eati& ~„,
0-" expense, to lay down gas, make Macadamised
40 'tand insure a proper water supply for the houses.
o "e are in this quarter about four miles of streets from
ligh,Po feet in width, which have been recently °pone trad
Widiild with gas ; and the Boulevard la Corderie (72. feet in
Of the' "d lately opened for traffic) forms a continuation
11; Viendid promenade of the Pmdo.
the a district communicates with the Quin de Rivo Neuve,
towntre of the old port, and of the commerce of the
st,lf '3' the Boulevard de l'Emperour. All these important
tlo d urnish assurances of great success ; and there.can be
sold
at
that this portion of the Company's properties will
u'cl at a Price which will yield a very large profit.
The THE PRADO PROPERTY.
in Prado Lands are near the Southern Railway Station,
liahro admirable position, and well adapted for the °stab-
,ies lvitetzlit of warehouses, shops, &c.
& respect to the value and prospects of these i)roper-
.rePort by Mr. P. Borde, the well-known engineer, of
tanti6ettiler'eonae.c("llies
this prospectus, giving ample de-
Th4I"UNT AND PERIOD OF PAYMENTS.
.£G6 total aniount of purchases is £3,325,163 ; of this t.mm
dats. '6lB is payable by instalments spread over various
my :crd extending in part to a period of 50 years, and.
kooe, °6.523 in cash, on taking over the estates ; caution
4,4ee ojf r,itig lodged in the meantime for the due observ-
n'tted f..u° Company's engagements. It is therefore 9x-
'"wes '&10, with the aid of the Company's borrowing
thesers, not more than £lO per share will be required on
I:4llparuareg not fully paid np on allotment. Thus, with a
'lave the small amount of capital, the shareholders.
I,,ae advantage of profit derivable from dealing with a
large extent of property.
1, As er.,JOLIETTE PROPERTY RESOLD. .
"140 th l'ence of the value of the purchases, the Directors
,_coseiaiie satisfaction to announce that they have already
aa, steep arrangements with an association of builders at
uoliettle °be, to transfer to them one of the properties (the
I>artY a4r°PertY) at a profit of about £600,000, such Imo-
,- 11440, Profits to be paid for by Annuities and Sinking
vaY thefo;7 a period of 30 years,with option years, to
Nvhole at any time during five ywith an
foot ,j;11 on the part of the contractors to deposit a sum of
Perioq'sutlons of francs (£160,000) as caution money, at fixed
beaule"
of the instalment of which was paid on the exe-
-1 antract), and also to cover the property with
T,he within a period of five years at their own cost. ittid fr "areholders will have the benefit of this contract,
fron, t°ol October, 1867, will receive the income derivable
Znewt 8 eract, 'viz., the difference between the Annul-
leie loin_P?id and received by the Company, and this in-
tittri4fibtte,uvwettio tho existing revenue from the Catalans
that as to the anticipated profit on further sales
8. Period, Will, it is estimated, not only enable the