The Sun.
London, England, 1866-03-08 00:00:00

The CREDIT FONCIER and MOBILIER of ENG-
LAND (Limited), in conjunction with the AURA and
MASTERMAN'S BANK (Limited), and the NA-
TIONAL BANK, will receive applications for the
capital of
TllE IMPERIAL LAND COMPMW of
MARSEILLES (Limited).
Capital £1,600,000 in 80,000 Sharesif,4o_eitch.
Deposit on Application £1 per Share, ongAllotment £4 per
S he.
It is not anticipated that morearthan £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.
Albert Grant, Esq., M.P., Directors of the Credit
William Harrison, Esq., Foncier and Mobilier of
Edward Warner, Esq., M. P., England (Limited).
1
Colonel James Holland, Directors of the Agraand Masterman's Bank
J• SYdney Stopford, Esq., (Limited).
Joseph Neale M'Kenna, Esq.,
/CP., Directors of the National
P. B. Renshaw, Esq., Bank.
Itarvey, Lewis, Esq., M.P.
Captain Arrow, Elder Brother of the Trinity House.
E. W. Edwards, Esq., Director of the General Irrigation
Company of Fiance (Limited).
J. W. Larking, Esq., Director of the Egyptian Trading
Company (Limited).
M.
Emile de Girardin Paris.
Severin Abbatucci, Deputy and Secretary of the Cham-
ber of Deputies, Paris.
Comte d'Ayguesvives, Chamberlain to the Emperor, and
Member of the Chamber of Deputies.
IL P. Paganelli, 15, Place de la Madeleine, Paris.
BANKERS.
Tl!!3 Agra and Masterman's Bank (Limited), London and
rams.
1110 National Bank, London, and its Branches in Ireland.
The National Bank of Liverpool (Limited), Liverpool.
Co.,Messrs. Newbon, Evans, and Co., 28, Nicholas-lane, E.O.
Messrs. Valiance and Valiance, Essex-street, Strand, and
Lombard House, George-yard.
BROKERS.
Messrs. Mullein, Marshall, and Daniell, 3, Lombard-street,
E.C.
Messrs. Hill, Fawcett, and Hill, 29, Threadneedle-street,
.i.E.c.
4lessrs. Laurence, Son, and Pearce, 7, Angel-court, Throg-
morton-street, E.C.
ENGINEER-IN-CHIEF.
Monsieur Paul Borde, Marseilles (Member of the Conseil
Gdudral). . . _

SECRETARY (pro tem.)
Alfred Lowe, Esq.
TEMPORARY OFFICES.
17 and 18, Oomhill.

OBJECTS OF THE COMPANY.
The Imperial Land Company of Marseilles (which has
been
nearly 12 months in course of organisation) is esta-
blished with a view of purchasing and acquiring land and
property in the important city of Marseilles, the resale of
n the same, end the acquisition of concessions and privileges
'enuected with the development and improvements of the
city and port.
ilia furtherance of these objects, and after long and care-
-1411 ilwastigation, various properties have been purchased
thetiLe best portions of the city, and where the progress of
improvements gives assurance of profitable results.

.1,, PROPERTIES ACQUIRED.
follo
uo properties which the Company have acquired are as
ws
' 1-
• The Joliette property, comprising about 2,244,000
cluare feet of building land, exclusive of streets.'
9,,„.
OO The Rue Imperiale property, consisting of about
T square feet.
a' Tito Catalans property, consisting of the)hotel, the
—Parial Club, baths, houses, and building plots, in all
bout 2300,000 square feet.
4. The Prado property, consisting of building plots of
abut 246000 square feet,
1),„twill be seen, on reference to the map, that the Corn-
purchases comprise the lands to the north of the
ae"4 as well as those to the south, with a large extent of
aboard; making a total of about 4,900,000 square feet.

MARSEILLES, PROGRESS OF.
elty
)(larcenies, both in population and wealth.the firstmaritime
op
B°6 00 ja
contains a dense pulation of ore than
444 , 0 souls. During the past year 18,000 vesmsel7, with)7sge of upwards of 3,000,000 tons, entered and ef he
lir. Marseilles commands the commerce othe
7editerrinean engrosses nearly the whol er e
trade f
with
ct
erta, 'and the packet station for the Peninsular and
erntal Steam Company, the Mess...igeries Imperiales, and
...Lie'. steam packet companies trading with all parts of the
^011d• It possesses commodious docks and warehouses,
0fd,41 by railways, is in direct communication with all parts
prance. ways,
The old harbour having been found inadequate for the
""Pidaly harbour
(31 expanding commerce of the place, the new
sa,i • lette, covering an area of6B a,cres,was constructed,
b constantly crowded with shipping. It is surrounded
413;(praoad quay;
.with. stately buildings on the north side,
dl3' new town is rising rapidly in its immediate vicinity.
ance 1860 three other basins have been comstructed,
theti,-Ined Lazaret, d'Arenc, and Napoleon, which doubles
harbour accommodation of Marseilles.
11 EMPEROR'S INTEREST IN MARSEILLES.
Frlt 16
well known that his Majesty the Emperor oft theo
1,1 eilch takes deep interest in the welfare and prosperity of
that ,s and the Directors have strong reasons to believebe
fa,a)t his Majesty's gracious and special protection may
till "tied upon to aid any enterprise
developing the re-
rees of the city, and accordingly applicavetiopn. is intended
s°l,ll,llwith to bo made by the Directors to obtain tho vain-
concession for razing the Fort St. Nicholas, and to
"'tat) the new Catalans Port.
RUE IMPERIALE.
2343' the construction of the Rue Imperiale, which is 80
fils"" wide, and lined by important buildings, a direct eoru-
thunlcation has been effected between the Rue Canebiere,
tV° txchanglo,, the Ancien Basin or old harbour, and the_
v,,basins or docks above mentioned. This has caused
4.ueraolition of large blocks of houses, densely occupied,
„"ela circumstance, together with the previous. deficiency
boil " accommodation, renders the construction of new
t' „togs absolutely necessary for commercial and residen-
etYurPoses, and causes an eager demand for vacant plots
uunding land.
JOLIETTE PROPERTY ACQUIRED.'
l `"lequarter. of the town, where the commercial re-
eticrnreF
iasof the growing population are so great, the
fat°Y has secured about 57 acres. of Freehold Building
il exclusive of streets—and this under exceptionally
tc,,Turable circu Lances, both as respects situation and
"41,,8°f Payment.
IMPERIALE. PROPERTY ACQUPEthDe'Rue
141,,,,e than 98,000 square feet of this land are in
is .""ale an
finest street in Marseilles. The remaindertt_o
situated in the Quartier de la Joliette, commencing h
b°oll°f La Joliette, and extending the whole length ofa the
satin the Basin d'Arenc, the Port Napoleon, and ter_rtii
st,.l°R at the Basin Radoub. These lands are traversed !)3,
11-eats from 40 to 50 feet wide, in ceipection with the
rell4,lllPeriale by the Boulevard Maritime, an 4 are Bur-
t'
--L'" by all industrious and thriving population.
TERM OF PURCHASE.
lea° !and will be handed over to the Company completely
cob,-eu, with all the streets and footpaths paved, drainage
-viete, gas
topmost storey laid on and provision made for the supply of
ater tO thes.
J
tbell4 hY the conditions of the treaty for the acquisition of
e oliette Estate, it stipulated that six years should
lio„gi,.ven, by which tine the estate is to be covered with
Pst,,-'s, the option is reserved to the Company for the
it",°,_Period, during which it may elect either to pay the
tohe„case-rnoney in one sum, or to make an annual. pay-f
Ni", of equal instalments, extending over . a period o
Years, with a fixed rate of interest and sinking fund.
PROFESSOR DONALDSON'S REPORT.
NI lore the treaty for this portion of the property was
Issmlll,ded, the purchasers secured the services of prt.o-
Ar4irt,_-uonaldson (late President of the Institute of
.Bri British
Prog.,:e''''ets) to personally investigate the operations in
sites, 68A at Marseilles, and the character and value of the
s'
"" copy of his report accompanies the prospectus.
Tb CATALANS PROPERTY ACQUIRED.
The Catalans properties are in the immediate neighbour-
s, fp' the Marine Residence of the Emperor,
and command
rill l.°alT'D to the sea of about a mile in length. They are ad-
Vtibt;'Y situated both for business premises and private
141111ILDINGS NOW ON CATALANS ESTATE.
hot:llp' first-class houses are already erected; a magnificent
(sow 11011' open), having 140 rooms ; and the Imperial Club
vatio coarse of construction), of noble architectural a1e-
,,11a4,
e tZ7',,alirraunded with terraces and gardens, all laid out
"otitte Government plan. There is an extensive Bathing
48413,:"anent, often frequented by more than 5,000 bathers
.
Fort za district will undergo a radical improvement when
frorg the
Nicholas, which separates the Catalan property
new h"ue centre of the town, shall have been demolished, a
„I.,etid,',.°l.t constructed, and additional streets made, so alto
the ofecnaplete the facilities for communication between
The and new portions of the town. .
their lnunicipality of the town of Marseilles engage, at
l'eadscwc expense, to lay down gas, make Macadamised
Ttl' 1111 d insure a proper water supply for the houses.
e,te are in this quarter about four miles of seets from
1,,_.1R10t,;1° feet in width, which have been recently openedaud
"idith; With gas ; and the Boulevard la Corderie (72. feet in
tbe y opened for traffic) forms a continuation
Th yendid promenade of the Prado.
the edistrict communicates with the Quai do Rive Neuve,
toweeentre of
, the old port, and of the commerce of the
,f4etsif„b„.' L_.ce Boulevard de l'Empereur. All these important
doh assurances of great success ; and there can be
"'e sort that this 'portion of the Company's properties swill
d at a price which will yield a very large profit.
I, The p THE PRADO PROPERTY..
NI to Lands are near the Southern Railway Station,
1044 tnirable position, and well adapted for the estab
t. IV'ttillltref warehouses, shops, &c.
"Peet to the value and prospects of these proper-
-I.°r, -ePc'rt b M pB de the well-known engineer, of
4841111e°, accyompra.nies thisr Prospectus, giving ample de-
erect,.
3.„1'1101.1121TNT AND PERIOD OF PAYMENTS.
(14,668 ale amount of purchases is £3,325,163 ; of this sum
ia payable by instalments spread over various
,74y and extending in part to a period of 50 year; and.
4014.,,",,_°9,523 in 13, on taking over the estates ; caution
"*Detiee Of""thieg lodged in tho meantime for the
_due
.obeseerxv:
bneted ° Company's engagements. It is therefor .
ill'wers,-17cittt, with the aid of the Company's borrowing
,„°ae more than £lO per share will be required on
h-"l'loaatres not aid up on allotment. Thus, with a
N4„ve el
„,°IY smallamount of capital, the shareholders
rY lay advantage of profit derivable from dealing with a
.00 extent of property.
h As o,i/GLIETTE PROPERTY RESOLD.
erne the "Fe of the value of the purchases, the Directors,td
lfeaciudsatisfact on to announce that they have a,re y
15v,:utiritile;itcottlioliajel:dictlIgiltemoaft:Eppzorawoiticlbittehmanonassoctiation of builders at
f he properties (the
f about £600,000, such pro-
foor by Annuities and Sinking
forvZa Period of 30 years,with option on theirpart. to
I_4lg4tie__
tole°h at any time during five years, with an
Intiliaorins prt of the contractors to deposit a sumof
oatr's 'is (the '"f frE4tnes (£160,000) as caution money, at fixed
bail ,n of ti rst instalment of which was paid on the exe-
ho le contract) and also to cover the property with
T 1 g 8 Within
4114 le ghttret period of five years at their own
fr oc, 0 uolders will have the benefit of this contract,
°1 Mb, etober, 1867 will receive the income derivable
tie-8
t° ,eciiltract, viz., the difference between the Annui-
t loiteld and received by the Company, and this in-
to the existing revenue from the Catalans
gri4. 029'e1l as to the anticipated profit on further sales
'4." Period, will, it is estimated, not only enable the