The Sun.
London, England, 1866-02-26 00:00:00

1114 CREDIT PONOTER 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 •
IMPERIAL LAND COMPANY of
MARSEILLES .
Capital £1,600,000 in 80,000( Limited Shares o)f £2O each.
De Capital
on Applicatian £1 per Share, on Allotment £4 per
It Share.
i 8 not anticipated that more than £5 per Share will be
Interest
required in addition.
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
nf Land already effected, and profit on further sales, will
be applicable for distribution as dividend or bonus.
DIRECTORS.
gibe Gran Grant, Esq., M.P., Directors of the Credit
Eduard
t Harrison, Esq., Foncier and Mobilier of
Warner, Esq., M. P., England (Limited).
J, Sydney
James Holland, Directors of the Agra
oydney Stopford, Esq., (anidmiyed).
aste rman's Bank
Joseph Neale IPlCenna, Esq
L
31.17
.13. Directors of the National
uenshar., Esq., Bank.
nY, Lewis, Esq., M.P.
A"tin Arrow, Elder Brother of the Trinity House.
01' • Edwards, Esq., Director of the General Irrigation
illPr73, of Fiance (Limited).
j
• arking, Esq., Director of the Egyptian Trading
le,,°mPany (Limited).
if :mile de Girardin, Paris.
everin Abbatucci, Deputy and Secretary of the Cham-
C,, rof Deputies, Paris.
or
d'A e • Chamberlain to the Emperor, and
Item]) Ygn
SVIVeS'
er of the Chamber of Deputies.
*'• Paganelli, 15, Place de la Madeleine, Paris.
The BANKERS.
Agra and Masterman's Bank (Limited), London and
rn Paris
4•13. e ' .
,T,, attonal Bank, London, and its Branches in Ireland.
'4e National Bank of Liverpool (Limited), Liverpool.
ee-..,„, SOLICITORS.
I..oewbon, Evans, and 2B, Nicholas-lane, E.C.
8,
BrB. Valiance and Valiance, Co.,Essex-street, Strand, and
°tabard House, George-yard.
BROKERS.
E °
Messrs. Mullens, Marshall, and Daniell, 3, Lombard-street,
ssrs• Hill, Fawcett, and Hill, 29, Threadneedle-street,
E.C,
Bn3. Laurence, Son, and Pearce, 7, Angel-court, Throg-
-11:Lorton-street, E.C.
110 • ENGINEER-IN-CHIEF.
!Istenr Paul Borde, Marseilles (Member of the Conseil
(.16n6ral).

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

OBJECTS OF THE COMPANY.
bee a Imperial Land Company of Marseilles (which has
blieZ nearly 12 months in course of organisation) is eastan -
propee! with a view of purchasing and acquiring land d
the `l.3' in the important city of Marseilles, the resale of
cot, sarae, and the acquisition of concessions and privileges
cit d with the development and improvements of the
„nut port.
fur indherance of these objects, and after long and care-
in various properties have been purchased
the beat portions of the city, and where theprogress of
..eprovements gives assurance of profitable p
results.
The PROPERTIES ACQUIRED.
foliowsProPerties which the Company have acquired are as
eql'a The Joliette property, comprising about 2,244,000
121. The Joliette
of building land, exclusive of streets.
98,0eT„ he Rue Imperial° property, consisting of about
3 vrnu
isquare feet.
"-"e Catalans property consisting of the hotel, tall
bent Club, baths, houses, and building plots, in all
'zit 2,300,000 square feet.
aborthe Prado property, consisting• of building plots of
i 246,000 square feet.
pantn be seen, on reference to the map, that the Com-
,;J's Purchases comprise the lands. to the north of the
aboard;fieQ as those to the south, with a large extent of
making a total of about 4,900,000 square feet.
_ _

MARSEILLES, PROGRESS OF.
cilltvafsei!!es, both in population and wealth the first maritime
806,„-as Prance, contains a dense population of more than
a te,'eu souls. During the past year 18,000 vessels with
harLaage of upwards of 3,000,000 tons, etered and left the
IfeFar• Marseilles commands the commerce of the
Al Iterranean, engrosses nearly the whole
.trade wi h
Or Prial and is the packet station for the Peninsular and
%ntal Steam Company, the Messageries Imperiales, and
d
er ete,_
aut packet companies trading with all warehouses, s f h
anna7: It. possesses commodious docks and
Of railways, is in direct communication with all parts
The
rapidl alle old harbour having been found inadequate for the
„
co of the place, the new harbour
tada Jol' Panding • mmerce
of 68 acres was constructed
lath;
covering
an
area
' • 'lt is surrounded
by b constantly crowded with shipping.
all
(tread
quays, with stately build n the north side,
Bin aew town is rising rapidly in its immediate vicinity.
comstructed,
1860 three other basins have
tCed Du Lazaret, d'Arenc, and Napoleoene, which doubles
° barb
Ttt our accommodation of Marseilles.
It is EMPEROR'S INTEREST IN MARSEILLES.
Preach well known that his Majesty the Emperor
Presedof the
- takes deep interest in the welfare and prosperity of
ha7tVlee, and the Directors have strong reasons to believe
Alajesty's gracious and special protection may b e
tlan—"e upon to aid any enterprise having (like
- nt
scare, Company) the ohject of developing the re-
fer% 8. of the city, and accordingly application is intended
able w'th to be made by the Directors to obtain the valu-
kake—ncessio f
rt. the Fort St. Nicholas, and to
n r T2l
the 110 W Cataloan 9 Po
13Y th RUE DZIPERIALE.
feet construction of the Rue Imperiale, which is 80
rann:'4lo, and lined by important buildings, a direct comre-
the tt,ioll has been effected between. the Rue Canebie ,
new 9ange, the Amen Basin
.or old harbour, and the
the basins or docks above mentioned. This has caused
,sernolition of large blocks of houses, densely occupied,.
of he".„ circumstance, together with the previous deficiennec
134.8° accommodation, renders the construction of
htngs y for commercial and residen-
w
alliiiirinwand cases an eager demand for vacant plots
jOLIETTE PROPERTY ACQUIRED. . -01
quire 8 quarter of the town, where. the commercial re-
Co
%. 'netits of the growing population are so great, the
LanaPartY hen secured about 57 acres of Freehold Building
fa,im exclusive of streets—and this under exceptionally
tkrenrable circumstances, both as respects situation and
ela," PaYment.
sltuE IMPERIALS. PROPERTY ACQUIRED.
ore than 98,000 square feet of this land are in the Rue
ie clPeriale Sit —the finest street in Marseilles. The remainder
etilated in the Quartier de la Joliette, commencing at the
11;, of La Joliette, and extending the whole length of the.
0, the Basin d'Arenc, the Port Napoleon, and termi-
Bt a at the Basin Radoub. These lands are traversed b_ y
14reets from 40 to 50 feet wide, in connexion with the
~'"ae Imperial° by the Boulevard Maritime, and are sur-
'canded by an industrious and thriving population.
TERM OF PURCHA.SE.
The land will be handed over to the Company completely
4evelled, with all the streets and footpaths paved, drainage
e„.°olplet,e, gas laid on and provision made for the supply of
"Ater to the topmost' storeys.
MA° by the conditions- of the treaty for the acquisition of
Joliett
n.;,_ e Estate,. it is stipulated that six years should
her "en, by which time the estate is to be covered with
games, the option is reserved to the Company for the
PurchPeriod, during which it may elect either to pay the
inertinertme-money in one sum, or to make an annual pay_
thirt of equal instalments,
extending over
fund.
u a period of
Y Years, with a fixed rate of interest and sinking
h PROFESSOR DONALDSON'S REPORT.
te.neneifil°,:ire the treaty for this portion of the property was
less -Ned, the purchasers secured the services of Pro-
Aret. "ceialdson (late President of the Institute of
.Britis.hn
pre ltects) to personally investigate the operations
sites, at Marseilles, and the character and value of the
copy of his report accompanies the prospectus.
Th CATALAN'S PROPERTY ACQUIRED.
ho Catalans Catalans properties are in the immediate neighbour-
a fro °f the Marine Residence of the Emperor, and command
nifrattage to the sea of about a mile in length. They are ad-
NenaeY situated both for business premises and private
1113ILDINGS NOW ON CATALANS ESTATE.
Itote, first-class houses are already erected; a magnificent-
(now Pow open), having 140 rooms ; and the Imperial Club
vatiori'a conrse of construction), of noble architectural ele-
"nclei:'Prr_ounded with terraces and gardens, all laid out
raitebble kabvernment plan. There is an extensive Bathing
-B'heat, often frequented by more than 5,000 bathers
ThhisB
Port 8,-•'..trict will undergo a radical improvement when
fronl Nicholas, which separates the Catalan property
",eW centre of the town, shall have been demolished, a
+erider `" constructed, and additional streets made, so asto
Lae eidceniplete the facilities for communication between
+ The and new portions of the town.
Llanicipality of the town of Marseilles engage! at
exPense, to lay down gas, make Macadamised
rt'Aand insure a proper water supply for the houses.
tn '',re are in this quarter about four miles of streets from
ligbieurp feet in width, which have been recently openedand
~dtb;`,tb gas ; and the Boulevard la Corderie (72 feet in
tile "41,u lately opened for traffic) forms a continuation
BPiendid promenade of the Prado.
tothwi3e
ceencitisretrii communicates with the Quai de Rive Neuve,
the old port, and of tho commerce of the
,fcts 'f,,bYtbe Boulevard de l'Empereur. All these important
'Lc don-bill+ ;lb assurances of great success ; and there can be
-°Bold-L"lat this portion of the Company's properties will
a Price which will yield a very large profit,
PLO
THE PROPERTY.
411 'rado Lands nearPRADO the Southern Railway Station,
lishillachnirable position, and well adapted for the °stab-
+, With
ref warehouses, shops, &c.
1,,."1e; 8, repot to the value and prospects of these proper-f
41areeirt y Mr. P. Borde, the well-known engineer,
eo_
tails tbe'erse, accompanies this prospectus, giving ample 41
Thell+./41P,trNT AND PERIOD OF PAYMENTS.
68,6 '4', amount of purchases is £3,325,163 ; of this sum
-4tes 18 payable by instalments spread over various
only
.etn,d extending in part to a period of 50 years, a.nd
ithone;6s23 in caih, on- taking oyer the estates ; caution
+,ece of-'+,tng lodged in the meantime for the due observ-
ete
‘"e Company's engagements. It is therefore 'ever that, "'at, with the aid of the Company's borrowing
those shoot more than £lO per share will be required on
°°l. 414,8,114re:3 not fully paid up on allotment. Thus, with a
4ave utively small amount capital, the shareholders
'''°rY re advantage of p fit derivable from dealing with a
la extent of property.re
.48 e jOLIETTE PROPERTY RESOLD. .
aave trio of the value of the purchases, the Directors
wove satisfaction to announce that they have already
arseTpe_cl arrangements with an association of builders at a elietteT, to transfer to them one of the properties (the
PertY aear'PertY) at a profit of about £600,000, such pro-
ever or to be for Annuities and Sinking Fund
k a Pencd f3O
r 0 years, with option on their part to pay
„ uole at any time during five years, with an obh-
'our ra* the part of the contractors to deposit a sum of
',nods
cn ion
of francs (£160,000) as caution money, at fixed
'n,e first instalment of which was paid on the exe-
nuildblu ttie contract), and also to cover the property with
The 2 'within a period of five years at their own cost.
andf shareholders -will have the benefit of this contract,
frenl'tylin October, 1867 will receive the income derivable
ties tenni; contract, viz., the difference between the Annul-
eonie b.° Paid and received by the Company, and this in-
Esttelned
well the existing revenue from the Catalans
tash4t as to the anticipated profit on further sales
- it is estimated, net enly enable the