The Sun.
London, England, 1866-03-01 00:00:00

r . .The CREDIT FONCIER and ifOBILIEn 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
T" IMPERIAL, LAND COMP of-
-Do MARSEILLES (Limited).
• Capital £1,600,000 in 80,000 Shares of £2O each.
•' Posit on Application £1 per Share, on Allotment £4 per
She.
It is not anticipated that more than £5 per Share will bo
ruired in additn.
• Interest at the rate
of eq
Ten per Cent.io per annum will bo
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 furthr sales, will
be applicable for distribution as dividend ore bonus.
DIRECTORS.
Albert Grant, Esq M.P., Directors of the Credit
William Harrison'Esq., Foncier and Mobilier of
4svard Warner, Esq. M. P. England (Limited).
Colonel James Holland, Directors of the Agra
J. Sydlley Stopford, Esq, and Mastorman's Bank
. (Limited).
Joseph Neale Maenna, Esq., •
1%p.,
Renshaw, Esti , Directors of the National
Bank.
C,,Lowis,..lisq.., M.P.
zatLun Arrow, Elder Brother of the Trinity Rouse.
(,o s, Eilwards, Esq., Director of the General Irrigation
J. \'',.'rn,pany of Fiance (Limited).
It?• Larkin.' Esq Director of the Egyptian Tinting
„`TaiPany (L'imited”). Ting
t;mtle de Girardin, Paris.
Severin Abbatucci, Deputy and Secretary of the Cham-
beLo,f Deputies, Paris.
Corn
u'43rguesvives, Chamberlain to the Emperor, and
11.-lern,her of the Chamber of Deputies.
• l'aganelli, 15, Place de la Madeleine, Paris.
Tha. A BANKERS.
ans
-.gra and Masterman's Bank (Limited), London and
Nalional The National Ba Bank, London, and its Branches in Ireland:
nk of Liverpool (Limited), Liverpool.
34eRR,, SOLICITORS.
--'3•Newbon, Evans, and Co., 28, Nicholas-lane, E.O.
essrs. Valiance and Valiance, Essex-street, Strand, and
Lombard l
eSsrs
Bluaru 11011867 George-yard.
BROKERS.
"%Hens, Marshall, and Daniell, 3; Lombard-street,
210 ,„, gill, Fawcett, and Hill, 29, Threadneedle-street,
Messrs. Laurence, Son and Pearce, 7, Angel-court, Throg-
2acrtcn-street, E.C.
~foUENGINEBB.-IN-CHIEF.
Ci6nE-ee ar
l). Paul Borde, Marseilles (Member of the Conseil
r

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

The I OBJECTS OF THE COMPANY.
been lllPerial Land Company of Marseilles (which has
blittit„ndear,lY 12 months in course of organisation) is esta-
Pr with a view of purchasing and acquiring land and
th:`,,ert
3- in the important city of Marseilles, the resale of
eel:gle, and the acquisition of concessions and privileges
• fleeted with the development and improvements of the
city and
laPort.
fai furtherance of these objects, and after long and care-
in taleLatigation, various properties have been purchased
,n'at Portions of the city, and where the-progress of
the
—Provements gives assurance of profitable results.
tia _L PROPERTIES ACQUIRED.
folfew-sPr°Perties which the Company have acquired are as
squarehe Joliette property, comprising about 2,244,000
feet of building land, exclusive of streets.
98 t) Rue Imperiale property, consisting of about
B,.o,o,Nuare feet.
Int Catalans property, consisting of thelhote.l, the
about Club, baths, houses, and building plots, in all
41..4,2,300,000 square feet.
the Prado property, consisting of building plots of
tw2;l4l6l:,°e°Boeesqo
It • u, are feet'.
on reference to the map, that the Com-
pany's Purchases comprise the lands to the north of the
ce"llas well as those to the south, with a large extent of
-Jard; making a total of about 4,900,000 square feet.
MARSEILLES, PROGRESS OF.
eity Marseille MARSEILLES,
both in population and wealth the first maritime
800,04 -c ranee, contains a dense population of more than
a to, souls. During the past year 18,000 vessels, with
ah rh:age of upwards of 3,000,000 tons, entered and left the
keditr Marseilles commands the commerce of the
Jo,. • ranean, engrosses nearly the whole trade with
OtTe`l.,a, and is the packet station for the Peninsular and
otbeti‘al Steam Company, the Messageries Imperiales, and
Wodeteara packet companies trading with all parts of the
toad, b It possesses commodious docks and warehouses,
°f Fray„ railwaYe, is in direct communication with all parts
The-es, •
rapfdi old harbour having been found inadequate for the
°f Ll3,;slPauding commerce of the place, the new harbour
°liand is•-ite, covering an area of 68 acres,was constructed,
by b ceastantly crowded with shipping. It is surrounded
ntid
aree,d
c,„;kuays, with stately buildings on the nort.h.si.de,
Sine now 'own is rising rapidly in its immediate vicinity.
hate!, •-,,QuO three other basins have been comstructed,
tT 111".1-41Lazaret, d'Arenc, and Napoleon, which doubles
arbet,
accommodation of Marseilles.
It f EMPEROR'S INTEREST IN MARSEILLES.
rew4.B known that his Majesty the Emperor of the
Ifai,l3-e'intakes deep interest in the welfare and prosperity of
that and the Directors have strong reasons to believe
aepe ajtafesty's gracious and special protection may be
the uPon to aid any enterprise having (like
forth.r—e Company) the object of developing the re-
of the city and accordingly application is intended
able th to be made' by the Directors to obtain the valu-
iatticATtoession for razing the Fort St. Nicholas, and to
new Catalans Port.
wI, RUE IMPERIALE.
ideloet'!l construction of the Rue imperials, which is 80
tniluinn and lined binmportant-buildings, a direct 0.m-u-
tile iation has been effected between the Rue Caneblere,
lievzbZftnge, the Ancien Basin or old harbour, and the
the u!3 or docks above mentioned. This has caused
tiphierkelition of large blocks of houses, densely occupied,
of bc,"„__elrcurastance, together with the previous deficiency
b,tiCire accommodation, renders the construction of
.new
tiai ngs absolutely necessary for commercial and residen-
of buirP° sea, and causes an eager demand for vacant plots
aing land.
T, thisE PROPERTY ACQUIRED.
quirani quarter of the town, where the commercial re-
Coal silts of the growing population are so great, the
1-441:13- 1,48 secured about 57 acres of Freehold Building
favnu exclusive of streets—and this under exceptionally
terms of circumstances, both as respects situation and
t°f PaYment.
1,1 uE IMPERIALE. PROPERTY ACQUIRED.
Itupe°riare Halo thau9B
000 square feet
Marseilles. et of this land are in the Rue
Is situ the finest street in The remainder
ated in the Quartier de la Joliette, commencing at the
B 0 ';,`„of La Joliette, and extending the whole length of the
hatn the Basin d'Arenc, the Port Napoleon, and termi-
tr,g at t Basin Radoub. These lands are traversed by
Rubfrom 40 to 50 feet wide, in connection with the
tr4o Imperial° by the Boulevard Maritime, and are Bur-
vtlnded by an industrious and thriving population.
TERM OP PURCHASE.
ZThe land will be handed over to the Company completely
elled, with all the streets and footpaths paved, drainage
wars,Plete, gas laid on, and provision made for the supply of
a ..‘er to the topmost storeys.
thr bY the conditions of the treaty for the acquisition of
he Joliette Estate, it is stipulated that six years should
h Li'en, by which time the estate is to be covered with
fol'a7B, the option is reserved to the Company for the
Pareeeerfod, during which it may elect either to pay the
inept ase,-/noney in one sum, or to make an annual. pay_
thirt °I equal instalments, extending over . a period of
7 years, with a fixed rate of interest and sinking fund.
PROFESSOR DONALDSON'S REPORT.
coaei°re, the treaty for this portion of the property uued, the purchasers secured the services of Fro-
aser
Arehi, ooaldson (late President of the Institute of sh
Progr'''ts) to personally investigate the operations in
Hite, ess at Marseilles, and the character and value of the
4„ Copy of his report accompanies the prospectus.
The CATALANS PROPERTY ACQUIRED.
aeoat,f`'Blalans properties are in the immediate neighbour-
Net the Marine Residence of the Emperor, and command
kirablag° to the sea of about a mile in length. They are ad-
llassituated both for business premises and private
Iiab;."I•NGS NOW ON CATALANS ESTATE.
hotel (iifirst-class houses are already erected; a magnificent
COOW it." 7 °Pen), having 140 rooms ; and the Imperial Club
nation course of construction), of noble architectural ele-
tnaerit,surrounded with terraces and gardens, all laid out
aabll,„G°vernrnent plan. There is an extensive Bathing
',,,t1Y.18-"'ent, often frequented by more than 5,000 bathers
Pen ss district undergo a radical improvement when
,fruru the which separates the Catalan property
rae po,4' centre of the town, shall have been demolished, a
.11,_eader gore of
and additional streets made, so asto
-101 a delete the facilities for communication between
The ~,74 new portions of the town.
FU o,7alliCiPality of the town of Marseilles engage, at
-e4da, 11,3"PenSe to lay down gas, make Macadamised
loTheietiajn.sure.a' proper water supply for the houses.
it to -60 this quarter about four miles of streets from
eet
wVed wit, width, which have been recently opened and
Of aiadlEZ ; and the Boulevard la orderie (72 feet in
Theapetaid y opened forf
thtraffic)p dfoorms a continuation
the he
Istria promenade era
• R'veNeuVe,
to eeritre of communicates with the Qum
feed, by the old port, and of the commerce of the
~ Boulevard de l'Empereur. All these =porton
be '`'llbt 41 assurances of great success ; and therecan be
surd at a athis portion of the Company's properties will
Price which will yield a very large profit.
inThe Pr , THE PRADO PROPERTY.
art 114 1110 Lands are near the Southern Railway Station,
\\,hll?ontrnola_blo Position, and well adapted for the estab-
tin itf, warehouses, shops, &c.
k- ,a peOPect to the value and prospects of these proper-
t by Mr. P. Borde, the well-known engineer, of
of''a tiler-, accompanies this prospectus, giving ample de-
The coo rl
-£21;11e tntailjNT AND PERIOD OF PAYMENTS.
a::68,618 . amount of purchases is X 3,325,163 ; of this sum
001 and 18 Payable by instalments spread over various
)110Y 456 .9,,xt ending in part to a period of 50 years, and
a, ybef,?4, fo cash, on taking over the estates ; caution
ice of th:gr,lodgea in the meantime for the due observ-
Acw7d tbei 'cunPany's engagements. It is therefore ex-
th tine With the aid of the Company's bor.rowing
se eh more than £lO per share will be required on
teslD 1.e14 riot f
-•av- srat -Lilly paid up on allotment. Thus, with a
e the ad Y small amount of capital, the shareholders
P.sr large erantage of profit derivable from dealing with a
J.,,x tent of property.
ca 11448 evideuLIETTE PROPERTY RESOLD.
ve the 8 IlFe of the value of the purchases, the Directors
Itabelikied atisfaction to announce that they have a:ready
I.BeilleeangenlelltS with an association of builders at
"tv
Pre transfer to them one of the properties (the
PertY) at a profit of about £600,000, such pro-
ii,t,!l(lo,er Profits to be paid for by Annuities and Sinking
obi'. for th a Period of 30 yoars,with option on theirpart to
kolt,Rnt.i"eotn_ole at any time during five years, with an
knot-onions Te Part of the contractors to deposit a sum of
etit; (the A:4 francs (X 160,000) as caution money, at fixed
linet rst instalment of which was paid on the exe-
11,?Ingsand f ,crlentract), and also to cover the
.property with
sharerl a Period of five years at their own cost.
fro,z)oiders will have the benefit of this contract,
ti,tigul this co'.!,be, 1867, will receive the income derivable
eetn.',o. he paid viz., the difference between the Annui-
, t
hr ceived by the Company, and this in-
tstat !,eitillBl
`vela the e
existing revenue from the Catalans
44113 t thalvvewirai:.,to the anticipated. profit on further sales
Period, will, estimated, not only enable the

.~,
~.