The Sun.
London, England, 1866-03-07 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
capital of
THE 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
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.
1
Albert Grant, Esq., M.P., Directors of the Credit
William Harrison, Esq., Foncior and Mobilier of
Edward Warner, Esq., M. P., England (Limited).
Colonel James Holland, Directors of the Agra
J. Sydney Stopford, Esq, and Mastorman's Bank., (Limited).
Joseph Neale M'Kenna, Esq.,l
M.P.,
P. B. Renshaw, Esq.,
Harvey, Lewis, Esq., M.P. j
Captain,m Arrow, Elder Brother of the Trinity House.
E• W. Edwards, Esq., Director of the General Irrigation
, e_em_pany 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.
M. F. Paganelli, 15, Place do la Madeleine, Paris.
BANKERS.
The Agra and Masterman's Bank (Limited), London and
Paris.
The National Bank, London, and its Branches in Ireland.
The National Bank of Liverpool (Limited), Liverpool.
SOLICITORS.
Messrs. Newbon, Evans, and Co., 28, Nicholas-lane, E.G.
Messrs. Valiance and Valiance, Essex-street, Strand, and
Lombard House, George-yard.
BROKERS.
Messrs. Mullens, Marlhall, and Daniell, 3, Lombard-street,
E.C.
Messrs. Hill, Fawcett, and Hill, 29, Threadneedle-street,
E.O.
Messrs. Laurence, Son, and Pearce, 7, Angel-court, Throg-
Morton-stroot, E.C.
ENGINEER-IN-CHIEF.
Monsieur Paul Borde, Marseilles (Member of the Conseil
Gdaral).

Directors of the National
Bank.

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

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
the same, and the acquisition of concessions and privileges
connected with the development and improvements of the
city and port.
In furtherance of these objects, and after long and care-
ful investigation, various properties have been purchased
in the best portions of the city, and where the progress of
the improvements gives assurance of profitable results.

PROPERTIES ACQUIRED.
follows Pe
properties which the Company have acquired are as
1. The Joliette property, comprising about 2,244,000
square feet of building land, exclusive of streets.
2. The Rue Imperials property, consisting of about
98000 square feet.
3. The Catalans property, consisting of thelhotel, the
'lnParial Club, baths, houses, and building plots, in all
about 2,300,000 square feet.
4. The Prado property, consisting of building plots of
about 246,000 square feet.
It Will be seen, on reference to the map, that the Com-
PanYs purchases comprise the lands to the north of tho
"own as well as those to the south, with a large extent of
seaboard; making a total of about 4,900,000 square feet.

MARSEILLES, PROGRESS OF.
Marseilles, both in-population and wealth the first maritime
city in France, contains a dense population of more than
300,000 souls. During the past year 18,000 vessels, with
t°llnage of upwards of 3,000,000 tons, entered and leftthe
2a-bour Marseilles commands the commerce of the
Mediterranean, engrosses nearly the whole trade with
"nlgeria, and is the packet station for the Peninsular and
Oriental Steam Company, the Messageries Imperiales, and
other
steam packet companies trading with all parts of the
world. It possesses commodious docks and warehouses,
441(1, by railways, is in direct communication with all parts
of France.
The old harbour having been found inadequate for the
Vapidly expanding commerce of the place, the new harbour
of La Joliette, covering an area of 68 acres,was constructed,
and is constantly crowded with shipping. It is surrounded
Y broad quays, with stately buildings c;:a the north side,
luld a new town' is rising rapidly in its immediate vicinity.
Bince 1860 three other basins have been comstructed,
named Du Lazaret, d'Arenc, and Napoleon, which doubles
the harbour accommodation of Marseilles.
I‘llE EMPEROR'S INTEREST IN MARSEILLES.
plt is well known that his Majesty the Emperor of the
Jellch. takes deep interest in the welfare and prosperity of
arseilles and the Directors have strong reasons to believe
that his Majesty's gracious and special protection may be
the
upon to aid any enterprise having (like
''"e present Company) the object of developing the re-
sources of the city, and accordingly application is intended
able
°ribwith to be made by the Directors to obtain the valu-
concession for razing the Fort St. Nicholas, and to
Izalco the new Catalans Port.

RITE IMPERIALE.
BY the construction of the Rue Imperiale, which is 80
feet wide, and lined by important buildings, a direct com-
munication has been.effected between the Rue Canebiero,
0 Exchange, the Ancien Basin or old harbour, and the
11,!W basins or docks above mentioned. This has caused
ndemolition of large blocks of houses, densely occupied,
WhichT circumstance, together with the previous deficiency
;31 house accommodation, renders the construction of new
buildings absolutely necessary for commercial and residen-
"al
buildi purposes,nd and causes an eager demand for vacant plots
of ng la.

~. JOLIETTE PROPERTY ACQUIRED.I
In this quarter of the town, where the commercial re-
Pirements of the growing population are so great, the
;.'°ropany has secured about 57 acres of Freehold Building
exclunive of streets—and this under exceptionally
(wourable circumstances, both as respects situation and
',orals of payment.
RUE IMPERIALE. PROPERTY ACQUIRED.
~ or° than 98,000 square feet of this land are in the Rue
unPeriale the finest street in Marseilles. The remainder
is situated in the Quartier de la Joliette, commencing at the
bort of La Joliette, and extending the whole length of the
(3elts, the Basin d'Arenc, the Port Napoleon, and termi-
nating at the Basin Radoub. These lands are traversed by
streets from 40 to 50 feet wide, in connection with the
411 e Imperials by the Boulevard Maritime, and are sur-
rounded by an industrious and thriving population.

- -
TERM OP PURCHASE.
The land will be handed over to the Company completely
levelled, with all the streets and footpaths paved, drainage
Complete gas laid on, and provision made for the supply of
*Water to 'the topmost storeys.
As by the conditions of the treaty for the acquisition of
the Joliette Estate, it is stipulated that six years should
hgiven, by which time the estate is to be covered with
llses, the option is reserved to the Company for the
"me period, during which it may elect either to pay the
Purchase-money, in one sum, or to make an annual pay-
flout of equal instalments, extending over a period of
Laity years, with a fixed rate of interest and sinking fund.

PROFESS OR D ONALDS ON'S REPORT.
Before the treaty for this portion of the property was
!tqacluded the purchasers secured the services of Pro-
fessor Donaldson (late President of the Institute of British
Architects) to personally investigate the operations in
117,?gress at Marseilles, and the character and value of the
'es• A copy of his report accompanies the prospectus.

CATALANS PROPERTY ACQUIRED.
, The Catalans properties are in the immediate neighbour-
m?od of tho Marine Residence of the Emperor, and command
al
frontage to the sea of about a mile in length. They are ad-
irablyy situated both for business premises and private

~!-ItILDINGS NOW ON CATALANS ESTATE.
hotel'La y first-class houses are already erected; a magnificent
(now open), having 140 rooms ; and the Imperial Club
in course of construction), of noble architectural ele-
-"inn, surrounded with terraces and gardens, all laid out
toder the Government plan. There is an extensiveDathing
dasttlayb.lfshment, often frequented by more than 5,000 bathers
fThis district will undergo a radical improvement when
°lt St. Nicholas, which separates the Catalan property
:°1371 the centre of the town, shall have boon demolished, a
..`"? Port constructed, and additional streets made, so asto
render complete the facilities for communication between
tlro old and new portions of the town.
thThe municipality of the town of Marseilles engage, at
tAa7, own expense, to lay down gas, make Macadamised
"arnus and insure a proper water supply for the houses.
~,Kh'ere are in this quarter about four miles of streets from
iu,fo 50 feet in width, which have been recently opened and
ig,nted with gas ; and the Boulevard la (Jorderie (72 feet in
01. h, and lately opened for traffic) forms a continuation
The
splendid promenade of the Prado.
th' he district communicates with the Quai de Rive Neuve,
centre of the old port, and of the commerce of the
1,17,11, by the Boulevard de l'Empereur. All these important
to",a furnish assurances of great success ; and there can be
doubt that this portion of the Company's properties will
sold at a price which will yield a very large profit.
THE PRADO PROPERTY.
4,11(3 Prado Lands are near the Southern Railway Station,
,an admirable position, and well adapted for the estab-
.,.._unlient of warehouses, shops, &c.
t. with respect to the value and prospects of these proper-
)lr, report by Mr. P. Borde, the well-known
amplerenee, of
In'seilles, accompanies this prospectus, giving tailsde-
thereon.
r,„68 AMOUNT AND PERIOD OF PAYMENTS.
£2 668
total amount of purchases is £3,325,163 ; of this sum
d:,: °,618 is payable by instalments spread over various
es, and extending in part to a period of 50 years, and
°pn _
656 53 in cas, on taking over the
the due estates caution
bei2 no 2• lodged ihn
the meantime for e observ-
e,, of tlietbompany's engagements. It is therefore ex-
-I,o`,_‘ed that, with the aid of the Company's borrowing
"ers, Lot more than £lO per share will be required on
these, shares not fully paid up on allotment. Thus, with a
Lave alParatively small amount of capital, the shareholders
the advantage of profit derivable from dealing with a
very large extent of property.
JOLIETTE PROPERTY RESOLD.
e •
110 evidence of the value of the purchases, the Directors
nne, the satisfaction to announce that they have a.ready
Ifletoded arrangements with an,association of builders at
jc4fTilles, to transfer to them one of tho properties (the
rte te Property) at a profit of about £600,000, such pp-
and profits to bo paid for by Annuities and Sinking
payll'iroovie,r a period of 30 years,with option on theirpart to
obi; r. "10 whole at any time during five years, with an
galtion on the part of the contractors to deposit a sum of
14:111 ill ions of francs (£160,000) as caution money, at fixed
irs (the first instalment of which was paid on the exe-
bnild °f the contract), and also to cover the property with
1,1,n1813 within a period of five years at their own cost.
aud g shareholders will have the benefit of this contract,
Ira October, 1867, will receive the income derivable
tie g contract, viz., the difference between the Annul-
coale`'. °,O paid and received by the Company, and this in-
lEstatrined to the existing revenue from the Catalans
dig
that
ell as to the anticipated profit on further sales
period, will, it is estimated, not only enable the