The Sun.
London, England, 1866-03-02 00:00:00

The CREDIT FONCIER And MODILIER 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
TnE IMPERIAL LAND COMPANY of
MARSEILLES (Limited).
l',, Capital £1,600,000 in 80,000 Shares of £2O each.
ePosit on Application £1 per Share, on Allotment £4 per
Share.
It is not anticipated that more than £5 per Share will be
reuired 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 ou 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 E- , Foncier and Mobilier of
Edward Warner, Esq., M. P., England (Limited).
1
.7.0,,1nnel James Holland, Directors of the Agra
and Masterman's Bank
°Piney Stopford, Esq., (Limited).
Jo ~
sePh Neale M•Kenna, Esq.,l
.11. p ,
F. B. -,,.
ii__ uenshatv, Esq.,
eTeY, Lewis, Esq., M.P. J
E.Pt'tia Arrow, Elder Brother of the Trinity House.
.c‘V. Edwards, Esq., Director of the General Irrigation
J.v("4",PanY of Fiance (Limited).
Co • •Larking, Esq., Director of the Egyptian Trading
rn
lit. E PallY (Limited).
u•
s mile de Girardin, Paris.
b everin Abbatucci, Deputy and Secretary of the Chain-
c.. er of Deputies, Paris.
xri, d'Anuesvives, Chamberlain. to the Emperor, and
Is.'"Vaber of the Chamber of Deputies.
r. Paganelli, 15, Place de la Madeleine, Paris.
The A BANKERS.
'D. "gra and Masterman's Bank (Limited), London and
The4-ari
1.; .
I,,National Bank, London, and its Branches in Ireland.
The National Bank of Liverpool (Limited), Liverpool.
life's„ SOLICITORS.
kers•Newbon, Evans, and Co., 28, Nicholas-lane, E.C.
eera. Valiance and Valiance, Essex-street, Strand, and
nlbard House, George-yard.
Req. BROKERS.
Cor8: Mullens, Marshall, and Daniell, 3, Lombard-street,
lleft
f'.0113.• Hill, Fawcett, and Hill, 29, Threadneedle-street,
}des
sr& Laurence, Son, and Pearce, 7, Angel-court, Throg-
Laorton-street, E.C.
• 110 • ENGINEER-IN-CHIEE.
1181eUr Paul Borde Marseilles (Member of the Conseil
G4ndriti). '

Directors of the National
Bank.

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

The OBJECTS OF THE COMPANY.
been lmperial Land Company of Marseilles (which has
bushedY 12 months in course of organisation) is esta-
pr, with a view of purchasing and acquiring land and
th-I?„rtY in the important city of Marseilles, the resale of
eoete,7llu, and the acquisition of concessions and privileges
cii —"'-ed with the development and improvements of the
, 41173'14
fa-- erance of these objects, and after long and care-
ip various properties have been purchased
the 'e best Poions of the cit, and where the progres of
ltuprovemertnts gives assuraynce of profitable results.s
The PROPERTIES ACQUIRED.
iellow sproperties which the Company have acquired are as
1. Ti
Ecie,re le Joliette property, comprising about 2,244,000
2. pop
of building. land, exclusive of streets.
SB,OOO he Rue Impenale property, consisting of about
3. Tisquare feet.
Lepes'T Catalans property, consisting of the)iotel, the
about Club, Club, baths, houses, and building plots, in all
4. ~,e,,300,000 square feet.
abo Prado ro rt consisting of building plots of
via 246 13 re y,
w• , 00 square feet.
Dew be seen, on reference to the map, that the Cora-
tow" Purchases comprise the lands to the north of the
4,384 as well as those to the south, with a large extent of
ard ; making a total of about 4,900,000 square feet.
1.„, MARSEILLES, PROGRESS OF.
eityaren illes, both in population and wealth the first maritime
300,0 n",, Prance contains a dense population of
.more than
a teiv" souls. During the past year 18,000 vessels, with
I;.a t-;,;'„age of upwards of 3,000,000 tons, entered and leftthe
Alerdir- Marseilles commands the commerce of the
Alk„Trranean, en osses nearly the whole trade with
Orie-,1"), and is the packet station for the Peninsular and
othea-."4' Steam Company, the Messageries Imperiales, and
wel,_,.steetn packet companies trading with all parts of the
andl It possesses commodious docks and warehouses,
8i Pali?: railways, is iu direct communication with all parts
The "-
rapid' Old harbour having been found inadequate for the
af 14:r expanding commerce of the place, the new harbour
mad oliette, covering an area of 68 acres,was constructed,
„bY broae°,,nBtantly crowded with shipping. It is surrounded
m-Ild a - quaYs, with stately buildings on the north side,
pew town is rising rapidly in its immediate vicinity.
)1414 1860 three other basins have been comstructed,
d
the t N Lazard, crArene, and Napoleon, which doubles
TjIE arbour accommodation of Marseilles.
„It EMPEROR'S INTEREST IN MARSEILLES.
reeg well known that his Majesty the Emperor of the
I.r'_
- takes deep interest in the welfare and prosperity of
and the Directors have strong reasons to believe
:4,epE,
~e-ajesty's gracious and special protection may be
uPon to aid any enterprise ha.ving (like
siouiea-sent Company) the object of developing the re-
uf the city, and accordingly application. is intended
able'lth to be made by the Directors to obtain the valu-
kttkaucession for razing the Fort St. Nicholas, and to
- 'Ls new Catalans Port.
RUE IMPERIALE.
Leet"..7,B construction of the 'Rua Imperiale, which is 80
riktf„..lB,, and lined by important buildings, a direct com-
th has been effected between the Rue Canebiere,
Uewl,f_uange the Ancien Basin or old harbour, and the
the cr4uB or docks above mentioned. This has caused
*llo°,4:Millen of large blocks of houses, densely occupied,
of hoZn_eireurastance, together with the previous deficiency
aecommodation, renders the construction of new
Gal p;, "g 8 absolutely necessary for commercial and residen-
builrses, and causes an eager demand for vacant plots
--u4ng land.
th. JOLIETTE PROPERTY ACQUIRED.I
q„lleirenif4' quarter of the town, where the _commercial re-
napa-ll„t? of the growing population are so great, the
LLanduas secured about 57 acres of Freehold Building
i.avegxiclusive of streets—and this under exceptionally
teruie '8 circumstances, both as respects situation and
of
ro., Payment.
ko?IMPERIALE. PROPERTY ACQUIRED.
a1n,,,4 an 98,000 square feet of this land are in the Rue
is sit the -the finest street in Marseilles. The remaindert
nated in the Quartier de la Joliette, commencing at Jr
be'eLkof La Joliette, and extending the whole length of
.e
tati„a, the Basin d'Arenc, the Port Napoleon, and termi-
atg at the Basin Radoub. These lands are traversed by
recce from 40 to 50 feet wide, in connection with the
roian ItuPeriale by the Boulevard Maritime, and are sun-
ded by an industrious and thriving population.
TERIf OF PURCHASE.
re.Telle land will be handed over to the Company completely
to_ lled, with all the streets and footpaths paved, drainage
4143104, gas laid on, and provision made for the supply of
er to the topmost storeys.
th'eka b. 7 the conditions of the treaty for the acquisition of
u.oliette Estate, it is stipulated that six years should
hoteevell, by which time the estate is to be covered with
gar" 81 the option is reserved to the Company for the
DUrceueri°d, during which it may elect either to pay the
t)urblast of -e-uloney in one sum, or to make an annual pay-
equal instalments, extending over a period of
Ybears, with a fixed rate of interest and sinking fund.
Pef EOFESSOR DONALDSON'S REPORT.
eo,ael°l.B,, the treaty for this portion of the property was
ieseera„ued, the purchasers secured the services of Pro-
ArciaZonaldson (late President of the Institute of
.BritiE.th
Pr° Ls" to personally investigate the operations in
aiter."A at Marseilles, and the character and value of the
""„,copy of his report accompanies the prospectus.
'Phe CATALANS PROPERTY ACQUIRED.
heed Catalans properties are in the immediate neighbour
froeqfathe Marine Residence of the Emperor, and command
la.irabl ge to the sea of about a mile in length. They are ad-
V 1114.7 situated both for business premises and private

)1411PrNGS NOW ON CATALANS ESTATE.
hotel '3'4rd-class houses are already
and the Imperial Club
erected; a magnificent
•
(Cow LIIGN'r °Pen), having 140 rooms
Vatiot."-1 course of construction), of noble architectural ele-
Utr
ale surrounded with terraces and gardens, all laid out
tsta the Government (kit plan. There is an extensive Bathin blishtnent,
often frequented by more than 5,000 bathersg
thi
Pert 418triCt will undergo a radical improvement when
froratlit• Nicholas, • h eparates the Uatatan p.
Uep, 6 centre of the town, shall have been demolished, a
teOdg°l.t constructed, and additional streets made, so as to
the oplu°olplete the facilities for communication between
%
Ti; and new portions of the town.
et,' tounicipality of the town of Marseilles engage, at
'"'td own expense, to lay down gas,
_make Macadamised
Tisalatal insure a proper water supply.for the houses.
10 to 7e are in this quarter about four miles of streets from
light:° feet in width which have been recently opened and
citft(l,with gas ; and the Boulevard la Corderie (72 feet in
s' the lately opened for traffic) forms a continuation
TL 7'elldid promenade of the Prado.
the iatrict communicates with the Qua' do Rive Neuve,
towirutre
the old port. and of tho commerce of the
f4eta'f by the Boulevard de l'Empereur. All these important
11,4 artist,
assurances of great success ; and therelm can be
be sillbt that th• portion of the Company's properties will
"at Pricelswhirch will yield a very large profit.
; it 6 b THE PRADO PROPERTY..
'4 a rad° Lands are near the Southern Railway Station,ta_
lishU adtairable position, and well adapted for the es tab-
es, of warehouses:shops, Sm.
ec, lath recPect to the value and prospects of these proper-
-14•84 Port by Mr. P. Borde, the well-known engineer, of
tails ti,:eB, accompanies this prospectus, giving ample de-
"ereeo.
Th4II°I.INT AND PERIOD OF PAYMENTS.. sum
2,64 total amount of purchases is £3,325,163 ; of this
ateo6lB is payable by instalments- spread over various
',,E,al2d extending in part to a period of 50 years,. and
kohe-"", ,?6,523 in cash, on taking over the estates , caution
-
'fue„itig lodged in the meantime for the due obsesx_
Comgpany's engagements. It is therefore .
that, with the aid of the Company's borrowinog
tlaoserc, not more than £lO per share will be requiredth
rOunnne sba„res not full' id up on allotment. Thu i
l'av,,—;.,velv a lunt of capital, the sht.areNhwoldersa
largoraalge amrprofit derivable from dealing with
extent of property.
As • JOLIETTE PROPERTY RESOLD.
have idence of the value of the purchases, the Directors._
Neb,ti]e-satisfaction to announce that they have already
kar "•"ed arrangements with an association of builders at
Jolietteßeies, to transfer to them Qne of the properties (the
De? rtgroperty)ata profit of about £600,000, such pro-
ondov Profits to be paid for by Annuities. and Sinking
1,43? f r a Period of 30 years,with option on theirpart to
with an
the NPheie at any time during five years, Iv' .• Icur--60 00 the p' rt of the contractors to deposit a sum oi
periorrions of francs (£l6O 000) as caution money, at fixed
(the first instalment'of which was paid on the cop-
cilitili,saf the contract), and also to cover the property with
an d f
Th;t share go within a period of five years at their own cost.
r holders have the benefit of this contract,
itt;qa t7:11. october, 1867wi1l will receive the income derivable
t cemtraet,
received
: the difference between the Paid and and by the Company, and this in-
-10.44 to the existing revenue from the Catalans
uteri as well as to the anticipated profit on further sales
tit Period, will, it is estimated, not only enable the