The Sun.
London, England, 1845-01-01 00:00:00

PROVISIONALLY REGISTERED,

GRESHAM AVENUE ASSOCIATION.
Capital, 300,000/., in 3,000 Nominee Shares of 100/. each.

TRUSTEES UNDER THE ♦CT 7 ♦ND 8 vic.

AMBROSE MOORE, Esq., 12, Endsleish.street, Tavistock-
square - .
WILLIAM SHADBOLT, Esq., Croome's.hill, Greenwich,

PR OTISIONAL COMMITTEZ.
THOMAS KELLY, Esq., Alderman
JOHN HUMPHERY, Esq., Alderman, M.P.

THOMAS FARNCOMB, Esq., Alderman
CHARLES BURLS, Eaq., Bridge.street, Blackfriars

FREDERICK WILLIAM CALDWELL, Esq, golden-square
HENRY CHARLES CHILTON, Esq., 7, Chancery-lane

NATHANIEL GOULD, Esq., Barge-yard, Bucklersbury

JOHN HO WELL, Esq., Shepherd's bush

JOHN WHEELTON, Esq., Bath street, Newgate street
THOMAS WILKINSON, Esq., 82, Cornhill.

Barraxas—The London Joint-Stock Bank.
SoLicITORI—MeUrs. Bischoff and Coxe, 19, Coteman.street,

ARCHITECT AND SURVEYOR—Mr, William Barnes, Church Court,

Old Jewry.
SECRETARX—Mr. Peter Jeffery.
TEMPORARY OFFICES-30, Bucklersbury.

This Association is formed for the purpose of constructing an
Avenue or Arcade, commencing in Lothbury at the end of Barth°.
lomew-lane opposite the Northern Entrance of the Royal Exchange,
and terminating at the corner of Moorgate.atreet, with a branch to
Finsbury-circus.

A project of this description has long engaged the attention of
moons taking an active interest in the improvement of the City of
London, and Plane have been suggested for erecting buildings suit-
able for Offices, Counting-houses, Shops, and Dwelling-houses,
forming an Approach, now become most desirable, to that magni fl.
cent edifice the Royal Exchange.
The alterations effected of late years, with no unsparing hand,
have aided greatly to the splendour and attraction of the Metropo.
lis, and essentially contributed to the health and comfort of the
inhabitants. Many of these improvements have been effected by
the intervention of her Majesty's Commissioners of Woods and
Forests, the Corporation of the City of London, and different local
authorities, whilst some are the result of individual enterprise and
public spirit.
The ex v•eoit ney of carrying out further improvements in addi-
tion to those now in progress cannot be doubted, and more especially
if at the same time that object can be effected by a safe and profit-
able investment for the capital required. _ .

The gradual substitution of improved thoroughfares for the nar.
row, unhealthy, and inconvenient courts and alleys which still
abound in the heart of the City, and nowhere more than in this
immediate neighbourhood, has been checked or suspended from an
exaggerated notion of the value of the property it would be neces.
sary to re-model.
A careful inquiry, founded upon the experience of the great un-
dertakings already so ably carried out, has convinced the Commit-
tee that the value of all descriptions of property in the districts
through which it is intended the Gresham Avenue shall be formed,
will be considerably improved.
It has been determined, therefore, to form an Avenue or Arcade,
to be called "The Gresham Avenue," affording a light, well-ven-
tilated, commodious, and handsome covered approach from Lon.
don-wall to the Bank of England, Royal Exchange, Lloyd's, the
Stock Exchange, and generally to the central parts of the City.
The surveys and estimates made at different periods by eminent
surveyors have been recently revised and carefully re-considered,
leaving no doubt that the whole can be completed for a sum not
exceeding 300,000/., and that this outlay will yield a gross rental of
27,6001., or about 9 per cent. ; so that, after deducting 20 per
cent. for repairs, non.occupancy, and contingencies, there will re-
main a nett income of 22,080/. per annum. The reasonable ex-
pectation of this result has been fully attested by gentlemen well
versed in all that relates to property of this description.
An Act will be applied for in the ensuing session of Parliament,
for which the necessary notices have been given ; and ftom the
friendly disposition evinced by the members of the Corporation,
and all parties whom it has hitherto been possible to consult, the
Bill may be expected to pass without material opposition.
For the purpose of raising the capital of 300,000/. it is proposed
to issue 3,000 shares of 1001. each, upon which a deposit of 108. per
share is to be immediately paid, being the extent of the sum al-
lowed to be received, under the Joint-Stock Companies' Act, pre.
vious to complete registration. The remainder to be paid at such
times as the Board of Management may appoint, one month's no.
tice being previously given. On the Act of Parliament being ob.
tained, each subscriber will be required to nominate a good and
insurable life, not exceeding 20, nor less than 5 years of age. A
subscriber will not be limited to one nomination, provided not more
than five shares are dependent upon any one life ; the shares to be
at all times transferable. Upon the death of the nominee, double
the sum, or 2001. for every 1001. will be paid to the subscriber, or
his representatives, to be secured by life assurance.
The Committee is in a position to effect arrangements with cer-
tain Life Assurance Offices, and it has been ascertained that the
whole amount necessary to be assured, being 500,0001., can he se-
cured at an aggregate premium not exceeding 255. per cent.. or
6,2501., which will leave a nett annual income of upwards of
16,0001. for division amongst the existing proprietors.
This division will be made by way of bonus, the first at the ex.
piration of seven years from the passing of the Act of Parliament,
and subsequently every five years. As soon as the number of out.
standing shares, by the death of the nominees, shall fall to within
500, the whole property of the Association to be vested in and di.
vided amongst the holders of them.
The foltowing statement will serve as an illustration of the first
five years' bonus after the undertaking is completed :
Gross Income
Deduct for Repairs, Non.oecupancy, Management,
and all other Contingencies, 20 per cent 5,520
Premium at 25r. per cent. for assuring 500,000/ 6,250 11,770

First Year's Surplus
Interest on 15,8301., at 3 per cent. 475
Second Year's nett Income

15,830

22,555
Deduct premium en 496,0001., reduced by dcathr' 6,200 16,355

Second Year's Surplus
Interest on 32,1851. at 3 per cent. ... 965
Third Year's mett Income

32,185

23,095

Dedlle Qini um on 492,0001., further reduced by
Beat ,

Third Year's Surplus...
Interest on 40,0501. at 3 per cent.
Third Year's nett Income

49,060

23,552

Deduct premium on 488,000/., further reduced by
deaths• 6,100 17,452

Fourth Year's Surplus
Interest on 66,5321. at 3 per cent.
Fourth Year's nett Income

66,532

24,076

Deduct premium en 484,0001., further reduced by
deaths'

6,050 16,026

Fifth Year's Surplus ......

84,558

This sum divided amongst the holders of the ''' 2,900 remaining
shares will allow nearly 301. for each 100/. share, or 6 per cent.
per annum, whilst double the amount of capital advanced will be
secured to the subscriber in the event of his not participating in the
ultimate division of the property.
Favourable as these results are, they by no means comprise all
the benefits that may be expected ; for the surplus or bonus fund
must necessarily increase at every subsequent division, in conse.
quence of the insurance premiums becoming less, and the constant
diminution in the number of lives ; it is obvious, therefore, that
the bonus to which each existing share will be entitled
must be constantly increasing, whilst the proprietors of the
last 500 remaining shares will divide the whole of the property.
The holders of shares whose nominees have previously died re-
ceiving not only such quinquennial bonuses as they may have be.
come entitled to, but also double the amount of the capital origi.
nally subscribed by them.
So soon as two-thirds of the capital is subscribed for, the Com-
mittee to be at liberty to proceed in carrying out the objects of the
undertaking.
Prospectuses may be had, and plans may be seen, on application
to the solicitors, Messrs. Bischoff and Coxe ; or at the temporary
Offices, 30, Bucklersbury.
FORM OF APPLICATION FOR SHARES.

A ~,,•••,.. .........
To the Provisional Committee of the Gresham Avenue Association.
Gentlemen,—l request you will insert my name for No.
minee Shares In the above Association, and I hereby undertake
to pay the Deposit of 10s. per Share on such Shares as may be al-
lotted to roe, and to sign the Deed of Settlement when required.
Name
Residence —
Profession or Business
Dat e --
* The Carlisle Table of Mortality exhibits an annual decrement
of 20 in a population of 3,000 lives aged between 5 and 20 years.

TEA TRAYS, Tea Urns, Knives and Forks,
Dish Covers, &c., at C. WATSON'S, 41 and 42, BARBICAN,
and 16, NORTON-FOLGATE. Established half a century.—A set
of 3 Paper Tea-trays, including the largest size made, Ms. ; vory
richly ornamented all over, 503. a Set of Three, and up to 141. ; Ja-
pan Tea-trays, 7s. 6d. a Set, and upwards ; a Five Quart London
made Bronze Tea-urn 355., with the newest patterns up to five gui-
neas ; a Set of Six patent raised London made Dish Covers, lea. 6d. ;
best isuperialr at oil, . Set of Six. Elegant silver shape, 525. 6d.
Set of Six.
Ivory Tab e-kraves, Is. per dozen, Dessert, 9s. ; Carvers, 3s. 6d.

TABLE. DESSERT. CASTERS.
doz. doz. pair.
t-in. handsome balance handle ..•• les. ed. 148. Od. 6a. 6d.
-in balance handle, largest and best
made ••••••••• • • • • •• •• • • 20s. Od. 168. Od. 7s. Gd.
itto with Watson's Albata Plate
handles, equal to 5i1ver.......... 225. Gd. 18s. Od. fis. 6d,
Forks half the above price.
C. Watson' handsomely Illustrated Catalogue and Price Current
just published, and families who regard ecenomy and elegance,
,hould possess themselves of this useful book, which may be had
.ratio, and post free, from the above address
Sole inventor of the celebrated Albata Plate, which 1.1 so rapidly
superseding Silver.
PATEN Is 'II:AGON CAMPHINE LAMPS.—The perfection of
these Lamps c- .'r the C'csta has been happily attained by the inven-
tion or Slat rings—a larger and a smaller forming a cone
round in, marsh' of the wick, which cause at rapid reverberation of
air agaiasi the dame—thus consuming every particle of volatilized
vapour, it is free from smoke or smell, having perfect combustion,
and in full action, emits a light equal to 16 wax candles.
C. Watson's Warehouses, 41 and 42, Barbican, and 16, Norton Fol-
gate, hill contain, throughout the season, all the most elegant re-
cherche, and lle'r 7:Marti., comprising Ormolu, China, Glass, and
o,ai. Old 011 tho
P.tragon apparatus applied to Lilt Vas...l 101. Gt. Mk;
o it
and recommended by Dr. Ure, is delivered in scre' cans by C. Wat-
son's carte, at 48. per gallon.
41 and 42, BARBICAN, and 16, NORTON FOLIATE.

CHEAP SELF-SNUFFING CANDLES.
PRICE'S PATENT CANDLES, which burn
without snuffing, like the finest wax. are now retailed
throughout the country, at or under One Shilling per lb. But
care must be taken to prevent any imitation being passed •ff as
the Patent Candles; this attempt being made, and with too fre-
quent success, by some dealers, •n account of the greater profit
upon the imitations.
The Trade may obtain them wholesale from Edward Price and
Co., Belmont, Vauxhall, and Palmer and Co., Sutton.street,
Clerkenwell.

CANDLE NOTORIETY.-W. S. HALL'S
Superb COMPOSITE, lOid. per lb., requiring no snuffing,
op comparison and trial are allowed to surpass all others of the
present day for beauty and brilliancy of light. There is no patent
for Composite Candles, neither will those, called patent burn so long a
time by hours as the tine waxed-wick tallow moulds, er is the light
equal.
Sold for cash, at DAVIES'S Old Established Warehouse, G 3, St.
Martin's-lane, opposite New Slaughter's Coffee-house.

TO LADIES.
ROWLAND'S KALYDOR.
Patronised by the several Sovereigns ind Courts of Europe
An Oriental Botanical Discovery, and perfectly free from all
mineral admixture. It exerts the most soothing, gentle, cooling,
and purifying action on the skin ; and by its agency on the pores
and minute secretory vessels, most effectual y dissipates all red-
ness, tan, pimples, blotches, spots, freckles, ch.lblains, chaps,
and other cutaneous visitstions. The radiant bloom it imparts to
the cheek, and the softness and delicacy it induces on the hands,
arms, and neck, render it indispensable to every toilet.
To Ladies' during the period of nursing,and as a wash for Infants,
it cannot he too stro gly recommended.
Gentlemen, at ter shaving, will find it allay all irritation and ten.
derness of the Skin, and render it soft, smooth, and pleasant.
Price 4s. 6d. and Bs. 6d. per bottle, duty included.
CAUTION—Beware of Imitations of the most deleterious cha.
racter, containing mineral astringents utterly ruinous to the com.
plexion, and by their repellant action endangering health. See
that the words
" ROWLAND'S K ALYDOR"are on the wrapper ; and
A. ft (rW LAND nnd 20. Patton-garden,
engraved (by authority oi the i-ion. COMUiIbSI6.IIOIB of stamps) en the
Government Stamp affixed on each bottle.
Sold by the Proprietors, and by Chemists and Perfumers.
All others Kalydors are fraudulent counterfeits 11

A NEW AND IMPORTANT EDITION OF THE SILENT
FRIEND ON HUMAN FRAILTY.
Just published, price 2s. 6d., and free by post (in a sealed envelope),
Price 3s. 6d.,
THE SILENT FRIEND ; a Medical Work on
Human Frailty and Physical Decay, its causes, and the
baneful effects of excessive indulgence and infection, illustrated
by engravings, with observations on Marriage, and directions for
the removal of certain disqualifications.
By R. and L. PERRY and CO.
Published by the Authors, and sold at their Residence, 19, Bernere.
street, Oxford-street ; also by Strange, 21, Paternoster-row; Purkis,
Compton-street, Soho ; Noble, 109, Chancery-lane •; Hannay and
Co., 63, Oxford-street; J. Gordon, 146, Leadenhall-street, Lon-
don ; and by all Booksellers in Town and Country.
OPINIIIONS OF TOO PROM

We regard the work before us,'' The Silent Friend,' as a
work embracing most clear and practical views of a series of com-
plaints hitherto little understood, and passed over by the majority of
the Medical protession, for what reason we are at a lout o know.
We must, however, confess that a perusal of this work has left such
a favourable impression on our minds, that we not only recommend,
but cordially wish every one who is the victim of past folly, or suffer-
ing from indiscretion, to profit by the advice contained in its pages."
Age and Argus.
" The Authors of ' The Silent Friend,' seem to be thoroughly
conversant with the treatment of a class of complaints which are, we
fear, too prevalent in the present day. The perspicuous style in
which this book is written, and the valuable hints it conveys to
those who are apprehensive of entering the marriage state, cannot
fail to recommend it to a careful perusal."—Era.
The CORDIAL BALM of SYRIACUM is exclusively directed
for the cure of nervous and muscular debility impuissance, ke.
Price Ils. and 235. per bottle. Sold by all Medicine Vendors, of
whom may be had the " Silent Friend." The Ftve Pound Cases
may be had as usuaL
PERRY'S PURIFYING SPECIFIC PILLS are the most effbctua
cure for syphilis and secondary symptoms in both sexes, price 2s. 9d.
Is. 6d., and 115. per box.
Consultation fee, if by letter, 11. A minute detail of cases is ne-
cessary. Messrs. Perry are in daily attendance, for Consultation, at
their residence, 'l9, Berners-street, Oxford-street, London from
Eleven till Two, and Five till Eight, and on Sundays from Ten till
Twelve. One persona visit only is necessary to effect *permanent cure

EASE AND COMFORT IN SHAVING
MESSRS. B. and S. COWVAN'S invaluable
CANTON STROP, or QUADRILATERAL CHINESE
RAZOR !SHARPENER (Patronised by his Royal Highness
PIIINCE ALBERT), renders the operation of shaving no longer
pa atul to the most tender skin. By a very simple proem the
ki *nest edge may speedily be given to the bluntest razor or penknife,
11. and S. Cowvan's peculiarly tempered razors and shaving powder.
Ipecimens of the Strops are now exhibiting at the Royal Polytechnic
Institution and Royal Adelaide Gallery, Lowther Arcade, from
whence the most flattering certificates have been sent, which may be
seen at the Inventors, B. and S. COWVAN, 164, Fenchurch-street,
where the Strops, Ac., may be obtained, as well as of all respectable
perfumers, &c.. in the United Kingdom, price ss. 6d., 7s. 6d., and
Ws- fid. Also m'sy be had, Cowvan's Canton Razor Strop Paste, at
Is, per packet. The Shaving Powder Is. 6d. per box.
Caution—None are genuine, except those marked and Spelt
B. and S COWVAN
N.B. A liberal allowance to the trade and shippers.

EFFECT OF FULLER'S EARTFL—A man at Bath,
who rents Fuller's earth pits, excavates them, and sells
the produce to the cloth manufacturers in the neigh-
bourhood, stated, a short time since, that, in excavating
this earth, he had a good deal of the small at the mouth
of the pit, which, finding it to be in his way, he distri-
buted it over the adjoining field, in which there was a
young crop of barley and seeds, and that wherever it
fell the crop was surprisingly flourishing.—Sherborne
Journal.