The Sun.
London, England, 1866-03-08 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,d00,000 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 Laud 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., Fourier and Mobilier of
Edward Warner, Esq., M. P., England (Limited).
Colonel James Holland, 1 Directors of the Agra
J. Sydney Stopford, Esq, and Masterman's Bank., (Limited).
Joseph Neale M'Kenna, Esq.,
Directors of the National
F.ll. Renshaw, Esq., Bank.
Harvey, Lewis, Esq., M.P.
aptain Arrow, Elder Brother of the Trinity House.
W. Edwards, Esq., Director of the General Irrigation
Company of Fiance (Limited).
J• W. Larking, Esq., Director of the Egyptian Trading
Company (Limited).
11. Emile de Girardin, Paris.
M. Severin Abbatucci, Deputy and Secretary of the Cham-
ber of Deputies, Paris.
Conde d'Ayguesvives, Chamberlain to the Emperor, and
MMember of the Chamber of Deputies.
Paganelli, 15, Place de la Madeleine, Paris.
BANKERS.
The Agra and Masterman's Bank (Limited), London and
Parts.
Tho National Bank, Londmiland its Branches in Ireland.
The National Bank of Liverpool (Limited), Liverpool.
SOLICITORS.
Messrs.
Messrs. Newbon, Evans, and Co., 28, Nicholas-lane, E.O.
Valiance and Valiance, Essex-street, Strand, and
Lombard Rouse, George-yard.
BROKERS.
E C.
Messrs. 3lullens, Marshall, and Daniell, 3, Lombard-street,
.
Messrs. Hill, Fawcett, and Hill, 29, Threadneedle-street,
E.C.
Messrs. Laurence, Son, and Pearce, 7, Angel-court, Throg-
InoAon-street, E.C.

• ENGINEER-IN-CHIEF.
Monsieur Paul Borde, Marseilles (Member of the Conseil
Ci6n6ml).

SECRETARY (pro tern.)
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
,P,rePerty in the, important city of Marseilles, the resale of
"'°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-
`lll investigation, various properties have been purchased
'll the best portions of assurance and where the progress of
the improvements gives of profitable results.
PROPERTIES ACQUIRED.
foll Taoproperties which the Company have acquired are as
ows
1. The Joliette property, comprising about 2,244,000
reuare feet of building land, exclusive of streets.
9g. The Rue Imperials property, consisting of about
000 square feet.
ID. The -Catalans property, consisting of the:hotel, the
'arial Club, baths, houses, and building plots, in all
anaut 2,300,000 square feet.
4. The Prado property, consisting of building plots of
-Jut 246000 square feet.
hnit Will be seen, on reference to the map, that the Com-
rOY's purchases comprise the lands to the north of the
",11 as well as those to the south, with a large extent of
oarcf ; making a total of about 4,900,000 square feet.
MARSEILLES, PROGRESS OF.
arselffes, both in population and wealth the first maritime
ad in France, contains a dense population of more than
&ZOO° souls. During the past year 18,000 vessels, with
hn'r'',lllage of upwards of 3,000,000 tons, entered and left the
Ifer. u r. Marseilles commands the commerce of the
tuterranean, engrosses nearly the whole trade with
Feria, and is the packet station for the Peninsular and
%rental Steam Company, the Messageries Imperiales, and
er steara packet companies trading with all parts of the
t411(1. It possesses commodious docks and warehouses,
bY railways,is in direct communication with all parts
°f Prance.
Ley
old harbour having been found inadequate for the
ofTilY expanding commerce of the place, the new harbour
4,4 a Joliette, covering an area of 68 acres,was constructed,
by constantly crowded with shipping. It is surrounded
eti woad quays, with stately buildings on the north side
4,4 a nee town is rising rapidly in its immediate -vicinity.,
tah,, 1860 three other basins have been comstructed,
thN Du Lazarot, d'Arenc, and Napoleon, which doubles
harbour accommodation of Marseilles.
EMPEROR'S INTTIREST IN MARSEILLES.
pp: 18 well known that his Majesty the Emperor of the
afar takes deep interest in the welfare and prosperity of
ILaatrseilles, and the Directors have strong reasons to believe
g flePe hirlaB Majesty's gracious and special protection may be
the ed. upon to aid any enterprise having 01k e
sew present Company) the object of developing the re-
fos;eoB of the city, and accordingly application is intended
ahlawith to be made by the Directors to obtain the valu-
kak°_concession for razing the Fort St. Nicholas, and to
u the new Catalans Port.
RUE IMPERIALE.
feetY the construction of the Rue Imperiale, which is 80
tnalivide., and lined by important buildings, a direct corn-
„Fation has been effected between the If Canebiere,
he-ewtxobange, the Ancien Basin
.or old harbour, and the
th© basins or docks above mentioned. This has caused
Ivhi'4;lnolition of large blocks of houses, densely occupied,
of be circumstance, together with the previous deficiency
beipse accommodation, renders the construction of new
tiallugs absolutely necessary for commercial and residen-
of b%P,11 a,ting land.rPoses, an causes an eager demand for vacant plots
cd
In 4, JOLIETTE PROPERTY ACQUIRED.I •
qoi,,,Luie quarter of the town, where the commercial re-
0001-Ittents of the growing population are so great, the
tkalat'Y has secured about 57 acres of Freehold Building
fi%., exclusive of streets—and this under eexceptionallytert4ll,4 rrable circumstances, both as respects situation and
Payment.
RUE IMPERIALE. PROPERTY ACQUIRED.
Tit,2re than 98,000 square feet of this land are in the Rue
Mis liriale-the finest street in Marseilles. The remainder
asted,,,, in the Quartier de la Joliette, commencing at the
iJok`... La Joliette, and extending the whole length of the.
Ilata'' the Basin d'Arenc, the Port Napoleon, and term-
-1344 at the Basin Radoub. These lands are traversed by
Ittle from 40 to 50 feet wide, in connection with the
I.o44,,onperiale by the Boulevard Maritime, and are sur-
tied by aa industrious and thriving population.
Th TERM OF PURCHASE.
levelso land will be handed over to the Company completely
ceal.7d, with all the streets and footpaths paved,. drainage
N,Plete, gas laid on, and provision made for the supply of
Zr to the topmost storeys.
41 Iby the conditions of the treaty for the acquisition of
1,9 e ,!oliette Estate, it is stipulated that six years should
hoialßevett, by which time the estate is to be covered with
tiaele 8, the option is reserved to the Company for the
Pureeeried, during which it may elect either to pay tho
4,eitt are-money in one sum, or to make an annual pay-
-14111, `of equal instalments, extending over a period of
Years, with a fixed rate of interest and sinking fund.
too PROFESSOR DONALDSON'S REPORT.
,13tielutd.: the treaty for this portion of the property was
di the purchasers secured the services of Fro-
,4rohit„ °llaldson (late President of the Institute of British
kirct.e'ets) to personally investigate the operations in
sites, 88 at Marseilles, and the character and value of the
Ji• copy of his report accompanies to prospectus.
CAT.A.LANS PROPERTY ACQUIRED.
hoed
Oefeta,talans properties are in the immediate neighbour-
° fro °f 00 Marine Residence of the Emperor, and command
tairttbrge.to the sea of about a mile in length. They are ad-
l'illtt&Y situated both for business premises and private
BUILDINGSka,, NOW ON CATALANS ESTATE.
qoter,Y first-class houses are already erected; a magnificent
,;,°°lv open), having 140 rooms ; and the Imperial Club
ratio„'t Course of construction), of noble architectural ele-
liatl surr.luuded with terraces and gardens, all laid out
lily ler thee,
~overnment plan. There is an extensive Bathing
surnent, often frequented by more than 5,000 bathers
7'll gi."!gtnict will undergo a radical improvement whenrt
k:111 tieholas, which separates the Catalan prope
1.%, Po ,•entre of the town, shall have been demolished, a
ilead rt constructed, and additional streets made, so asto
"1001dea°,.111.,plete the facilities for communication between
Ix -tle new portions of the town.
trlnticipalit of the town of Marseilles engage, at
t°B,his,it °alvii%eiKpense,Yto lay down gas, make Macadamised
.to.khere insure a proper water supply for the houses.
F;) 50 fare in this quarter about four miles of streets from
ofgw,?t in width, which have been recently opened in
Itlth, ,1:11 gas ; and the Boulevard la Corderie (7.2 feet in
4EI afely opened for traffic) forms a continuation
°mid
promenade of the Prado.
to 4atr 'let communicates with the Quai do Rive Neuvo,
thob„,(3of the old port. and of tho commerce of the
beets Boulevard de l'Empereur. All these important
ficeibil,ll assurances of great success ; and there can be
8011.1,,t`nat a this portion of the Company's properties will
price which will yield a very large profit.
p THE PRADO PROPERTY.
li 4a admixn Lands are near the Southern Railway Station,
0101,etpable position, and well adapted for the estab-
tie.,ith r°l Warehouses, shops, &c.
r,eBPect to the value and prospects of these proper-
ta,:lBeilirrt by Mr. P. Borde, the well-known engineer, of
8 accompanies this prospectus, giving ample de-
eau.
tot t') de tot 1 AND PERIOD OF PAYMENTS..
att7p68,64 amount of purchases is £3,320,163 ; of this sum
oaf anal '8 Payable by instalments spread over various
tes6 !„xtending in part to a period of 50 years, and
tte,3, bef„4‘'3, in cash, on taking over the estates ; caution
Ng of ti:g,lodged in the meantime for the due observ-
e that Company's engagements. It is therefore pc.-
04, „,1 With the aid of the Company's borrowing.
te',so shau_r t /There than £lO per share will be required on
Nrafiv.'si]ant fully paid up on allotment. Thus, with a
per' the 37 small amount of capital, the shareholders
large vantage of profit derivable from dealing with a
~Iclent of property.
hzl4_s evici",OLIETTE PROPERTY RESOI4D.
oe,re thf, eats
of the value of the purchases, the Directors
tnogto4attsaction to announce that they have already
401 N, Hies 'itrrangements with an as'bociation of builders at
pertcvtte 1,110 transfer to them one of the properties (the
Pe • atici transfer
at a profit of about £600,000, such pro-
'4l Profit f Pq3. f I'or a 80 be paid for by Annuities and Sinking
li °r the Period of 30 years with five o theirpart to
onlvbti?efe at any time' during five years., with an
betioo
0„
.part of the contractors to deposit a sum of
1Ntk,,,4 (the first "lanes (£160,000) as caution money, at fixed
uilriof the c Instalment of which was paid on the exe-
sad Thloga wit, c° instalment
and also to cover the property with
f° tharebwo a Period of five years at their own cost.
fre NI 0 ciders will have the benefit of this contract,
linZotlea
toctitetrher, 18.07,
will receive the income derivable
tetlle be D,_, act, viz., the difference between the Annui-
ERtajniaee`; and received by the Company, and this in-
clarft'i as well the existing revenue from the Catalans
tthat to the anticipated profit on further sales
will, it is estimated, not only enable the