The Sun.
London, England, 1866-02-28 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 BANK, will receive applications for the
pital of
THE IMPERIAL LAND COMPANY of
MARSEILLES (Limited).
„ Capital £1,600,04aq in 80,000 Shares of £2O each.
"oPosit on Applimtioh £1 per Share, on Allotment £4 per
Share.
It is not anticipated that more than '£s per Share will be
required in addition.
Irate required
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-
cat6B: 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.
William Hanison:•,Esq.,D.,IILECTORS
• ,Alert Grant, Eso* 1.1. P Directors of the Credit
Foncier and Mobilier of
(lward Warner, Esq., M. P England (Limited).
colonelj James Holland,
}Directors of the Agra
and Masterman's Bank
Stopford, Esq.,
(Limited).
c'sePh. • Neale M'Kenna, Esq ,
Af.p
11 Directors of the National
Renshaw, Esq., Bank.
0,,,,YeY, Lewis, Esq., MX. •
et'„„,,tafri Arrow, Eldbr Brother of the Trinity House.
•W. Edwards, Esq., Director of the General Irrigation
j.Corniany of France (Limited).
• Larking, Esq., Director of the Egyptian Trading
,ornpany (Limited).
Severity Abbatnec• Deputy and Secretary of the Cham-
of Deputies, Paris. . '
lf
to d'Ayguesvives, Chamberlain to the Emperor, and
irernber of the Chamber of Deputies.
4e• P. Paganelli, 15, Place de la Madeleine, Paris.
The A BANKERS.
'`gra and Masterman's Bank (Limited), London and
•
Tte ,Aational Bank, London, and its Branche in Ireland.
40 National Bank of Liverpool (Limited), Liverpool.
ke SOLICITORS.
I,ssrs. Newbon, Evans, and 8, Nicholas-lane, E.C.
.ssrs. Valiance and Valiance, Co.,"Essex-street, Strand, and
onibard House, George-yard.
BROKERS.
eaEsrs. Mullens, Marshall, and Daniell, 3, Lombard-street,
lr Ifef,„.. •
—l.B. Rill, Fawcett, and Hill, 29, Threadneedle-street,
f,„ •
rs• Laurence, Son, and Pearce, 7, Angel-court., Throg-
""°rton-street, E.C.
ks_
ExorKzEn-IN-entEr.
Tlr Paul Bordey-Marseilles (Mombei of the Consoil
',sacral).
SECRETARY (pro.tem.) '
Alfred Lowe, Esq.
TEMPORARY OFFICES.
17 and 18, Cornhill.

OBJECTS OF "TILE 'COMPANY.
bee„ Imperial Land Conipany of Marseilles (which has
blis-1, nearly 12 months in _course of organisation) is esta-
m. hod with a view of purchasing and acquiring land and
tteertY in the important city of Marseilles, the resale of
t 43 mtine, and the acquisition of concessions and pleges
tiy—cLed witikthe clevelcyment and improvements of the
I,„and-Port. '
fv`.4llrtheradtce`of these objects, and after long and care-
tihnin vte4.tigation, various properties have been purchased
th,, best portions of the city, and where the progress of
Qaprovements gives assurance of profitable results.
PROPERTIES ACQUIRED.
he
4011 • Pre.perties which the Company have acquired are as
, rp
-he Joliette property, comprising about 2,244,060_ re feet of building land, exclusive; of streets.
40 The Rue imperiale property, consisting of about
0
„,square feet.
1bm,„,„03 Catalans property, consisting of thelhotel, the
ab" 4141. Club, baths, houses, and building plots, in all
1431. at 2,300,000 square feet.
41), Prado property' consisting of building plots of
it12.,4,6,000 square feet.
144.0." ' '" be seen, on reference to the map, that the Com-
as Purchases comprise the lands to the north of the
4410 well as those to the south, with a large extent of
ard; making a total of about 4,900,000 square feet.
tt,,„, MARSEILLES, PROGRESS OF.
'qty -:°'"-ies, both in population and wealth the first Inaritime
300(1,n France, contains a dense population of raore,than
~l4t'h,vo_ souls. During -the .past year-1800 :vessels, with
"04.ge of upwards of 3,000,060 tons, entered and left the
3lect,nr• Marseilles commands the commerce.: of the.
Alge""rranean, • engrosses, mearly the whole trade with
Ctrielit and is the packet station for the, Peninsular and
°thyiSteam Company, the Messageries Imperiales, and
Icitidstearn packet companies trading with all parts of the
o , It possesses commodious :locks
.and warehouses,
y Nilways, is in direct- conimtuncation with all parts,
ijaeee,
tapie old harbour having been found inadequate for the
etija.Y.T expanding commerce of the place; `the new harbour
4141 '''°hette, coveingqm area, of 68 acres,was constructed,
andrB eons.tantly crowded with shipping. It is surrounded-
4nd quays,, with stately' huildings on the north side,
town is rising riipidly in its immediate vicinity.
`4, 4410(0;90 three other. band have been c9mstructed ,
'he h. tazaret, d'Arenc, and Napoleon, which doubles
Tti arbour accommodation of Marseilles.
It E
'llf,PEitalliS-Vrif-glig-St; IN IMAMS MULE&
Frehs well, known that Its Majesty the Emperor of; the,
llaNc:t takes deep interest in the welfare and prosperity of
tint 111 es, and thelDirectors haVe strong reasons to believe
Maieety!s_grakiona and protectiOn may be
.t11e(3,-:-ed upon to aid any enterprise having (like
Niiresent Company) the object of developing the re-
lortlcee, of the city, .and accordingly application is intended
Itl3lA-ith to be made by the Directors to obtain the valu-
Nts446Zession for razin the Fort St. Nicholthand

13 RUE IMPERIALE.
feet.'„..,e construction of the Rue Im. pe.riale, which_ is 80
1141471'19, and lined by important buildings, a direct corn-
-I,catiou has been effected between the Rue Canebiere,
he Exchange, the Ancien Basin or old harbour, and the
the "aetos or docks above mentioned. This has caused
Vehictui9iition of large blocks of houses, donsoly. occupied,
of circumstance, together with the previous deficiency
~1311i1T.1,,,5e accommodation, renders the construction of new
gal hh-gs absolutely necessary for commercial and residen-
of buOiTwses, and causes an eager demand for vacant plots
Wig land.
La qt. 'JOLIETTE PROPERTY ACQUIRED."
Zhire,„ le quarter of the town, where the commercial re-
leem'nts of the growing population are so greathe
▪ atlY has secured about 57 acres of Freehold Building
lave"' exclusive of streets—and this under exceptionally
ttruitlaranb,
,le circumstances,
Payment. both as respects situation and
p";„IMPERIALE PROPERTY ACQUIRED.
pape• °,l,"lan. 98,000 square feet of this land are in the Rue
4.4te -the finest street in Marseilles. The remainder
h'ert, -;;;`..,.ed in the Quartier de la Joliette, commencing at the
sells
344,a Joliette, and extending the whole length of the
"kV the Basin d'Arenc, the Port Napoleon, and term-
etre iR at the Basin Radoub. These lands are traversed by
Seel,„froln 40 to 50 feet wide, in connection with the
"kild,,'"„,Periale by the Boulevard Maritime, and are sur-
bY an industrious and thriving population.
TERM OF .
'evelland will be handed ove PURCHASE r
to the Company completely
to/111)T", 'with all the streets and footpaths paved, drainage
Iv4tiitt:-?',gas laid on, and provision made for the supply of
As topmost storeys.
e a the conditions of the treaty for the acquisition of
• tinette Estate, it is stipulated that six years should
%tie, en, by which time the estate is to be covered withth
11%10option is reserved to the Company for e
Pklr hl °d, during which it may elect either to pay the
teate-,'llioney • - one sum, or to make an annual pay-
t,,,, equal instalments,ul extending over a period of
',ears, with a fixed rate of interest and sinking fund.
tef rROPESSOR DONALDSON'S REPORT.
ten iere the treaty for this portion of the property was
eded
, the purchasers secured the seFvices of Pro-
hnLrehite oualdson (late President of the Institute of
.British
'NI, eta) to personally investigate the operations in
Ilitee.ese at Marseilles, and the character and value of the
'a', copy of his report accompanies the prospectus.
The CATALANS PROPERTY ACQUIRED.
qeed,,-atalans properties are in the immediate neighbour-
4,fil
r /:;34.' the Marine Residence of the Emperor, and command
qiirkbrge to the sea of about a mile in length. They are ad-
situated both for business premises and private
13
.4(k „TANGS NOW ON CATALANS ESTATE.
(„t°lll(r,'" 'Mt-class houses are alread erected; a magnificent
v`"°W. °Pen), ha • g 140 roost; and the Imperial Club
course of construction), of noble architectural ele-
lciel'Al7l.ll/,ounded with terraces and. gardens, all laid out
ai blio,"‘-tovernment plan. There is an extensive Bathing
-41°At, often frequented by more than 5,000 bathers
This
.r d;
fr°ll 'styiet will undergo a radical improvement when
°l• a the Nicholas, which separates the Catalan property
h'evr Decentre of the town, shall have been demolished, a
fi,tkier „"' constructed, and additional streets made, so asto
"erbold'ell•kPlete the facilities for communication between
Thaxid now portions of the town.
re..„ll' owu-enicipality of the town of Marseilles engage, at
exPense, to lay down gas, make Macadamised
„T.aed isure a roper water supply for the houses.
540 e aria this q quaiter about four miles of streets from
pketed Witt in width, which have been recently opened and
fmth, el
; and the Boulevard la Corderie (72 feet in
thq ~,•1d lately oned for traffic) forms a continuation
theihe-ticlieletlldid promenade of the Prado.
te,cetitr 'lot communicates with the Qum de Rive Neuvo,
11ove„,_the old port, and of tho commerce of the
fui4mte Idoulevard de l'Empereur. All these important
be Bpldmolibt " assurances of great success ; and there can be
at'ulit this portion of the Company's properties will
Price which will yield a very large profit.
*(lie P THE PRADO PROPERTY.
161'4
e() Lands are near the Southern Railway Station,
tme-I,cr'aii.eo f rable position, and well adapted for the estab-
ithr„ warehouses, shops, &c.P
)4,7'). a rec,;Bll'ect,, to the value and prospects of these proper-
telf,Belll;:". by Mr. P. Borde, the well-known engineer, of
thers;,enccompanies this prospectus, giving ample de-
Tl,4llotrisru.
tota, T AND PERIOD OF PAYMENTS.
dat,„'48,6,18 L. artiount of purchases is £3,325,163 ; of this sum
0117.,81 And Is Payable by instalments spread over various
.t 656 "tending in part to a period of 50 years, and.
411 geY 4,23 ill cash, on taking over the estates ; caution
14e of tiNledged in the meantime for the due observ-
ted thee, u°lllPany's engagements. It is,therefore ?x-
-410 erlB, u„:1 with the aid of the Company s borpwing
cote shay more More than £lO per share will be required on
he'vParativ'e,oot fully paid up on allotment. Thus, with a
I,,re the
ary small amount of capital, the shareholders
37 large erantage of profit derivable from dealing with a
xtent of propert
1144 eIphPLIETTE PROPERTY RESOLD.
see,:i the :antic°, of the value of the purchases, the Directors
ate; tided „ election to announce that they have a;ready
"Tratgements with an association of builders at De,,ette p; Lo transfer to them one of the properties (the
~eati aed perPeottYtota a profit of about £60.0„000, such p.ro-
°ay f ever a '1; be paid for by Annuities and Sinking oi)Ii the Period of 30 years,with option on theirpart to feil„RatieueoWhole at any time during five years, with an
lienleiniolin Ile part of the contractors to deposit a sum of
off rancs (£160,000) as caution money, at fixed
be. cn cide
Rrst
contrasitalment of which was paid on the exe-
ildi the
ngs with. and also to cover the property with
414 f ehareh In a Period of five years at their own cost.
fro, rok ~_eLders will have the benefit of this contract,
tieFigt this coubetber, 18.67, will receive the income derivable
terntiojoh., paittracandt,
received
hdyifference between the Annul-
08tate leed to the the Company, and this in-
as we e existing revenue from the Catalans
--`ug that (143 to the anticipated profit on further sales
etaied - •
1 IN elatLinated, not only enable the