The Sun.
London, England, 1845-01-03 00:00:00

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CtritAlTSr STAII, PACEET
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Citicutte.
;.,.....Atrd.
;tol , Lon'

?re, • 1 and. 3.
Terrace Pier, Gravesend, at 91, 1, and 5 ; on Sundays at

t 1 and 5.
Farc.a to or from London.
Pore Cabin and Second Claw Carriage, Nimpence.
I,yeu anti Fir.: IxsA Carr::tp!,
To or }Yom
Pore Cabin, Sixpence—Saloon, Ninet.,lr
Office. Gravesend, Nov. 29, 1844.

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[aranham.
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; Chn•
I‘rinAii.rd,.. PROVISIONALLY REGISTERED.
...
GRESITAtI ,VENUE A.sOCT
Campu—l
h. loss 0' Capital, 300,0001., in 3,000 Nominee Shares of 1001. each.
TRUSTEES UNDER IDE ACT 7 AND 6 SIC.
"BROSE MOORE, Esq , 12, Endsleigh-street, Tavistock_
debit °la \if square
ILLIAU SHADBOLT, Eaq., Crootne's-hill, Greenwich.
4toebee. TRom raovisiortat COMMITTEE.
ioiv 11(11"
„kw_ AS KELLY, Esq., Alderman
Bessie, TH"oN‘.III.IMPIIERY,AIderman, at.P.
d . stodi tiAS FARNCOMB, Alderraan
• 1/I,..,A}tLES BURLS, Esq., Bridge-street, Blackfriars
(st I,O`4JERICK WILLIAM CALDWELL, Esq , Golden.square
[adc43 • IiANRY CHARLES CIIILTON, Esq ,7, Chancery-lane
THANIEL GOULD, Esq., Barge-yard, Bucklersbury
glas, jo°llN HOWELL, Esq., Shepherd's.bush
11>1 WHEELTON, Esq., Bath.street, Newgate street
• lipar
e, with 0 -.AS WILKINSON, Esq., 82, Cornhill.
n the up' so BANKERS—The London Joint-Stock Batrilta.b
Shoeburi Ak,„"err°os—Mestirs. , Bischoff' and Coxe, 19, Col na -*tree.
Fr streak' —"TECT AND Suarnion—Mr. William Barnes, Church Court,
Betsy, °f Old Jewry.
:ks at the SECRETARA—Mr. Peter Jeffery.
d l 0 TEisPoaaav OFFICES-30, Bucklersitury.
r— Association is formed for the purpose of constructing an
'yeti "yen
n 441 ue or Arcade, commencing in Lothbury at the end of Barth°.
Vide,W"lane oPposite the Northern Entrance of the Royal Exchange,
OCR. 24th `erroinating .
at the corner of Ilifoorgate-street, with a branch to
`l4BhtleY-circus •
A prcir
Jett of this description has long engaged the attention of
i7utat taking an active interest in the improvement of the City of
°denabi4
I, and Plans have been suggested for erecting buildings suit.
.fer,„ "'r Offices, Counting-houses, Shops, and Dwelling-houses,
'er; 14
an
Approach, now become most desirable, to that magnifi.
The
the Royal Exchange.
violl'e alterations effected of late years, with no unsparing hand,
added greatly to the splendour and attraction of the Metropo-
ki;au.d essentially contributed to the health and comfort oedf the
,112_anitanti.. Many of these improvements have been etlect y
intervention of her Majesty's Commissioners of Woods and
'ff,l'ests, the Corporation of the City of London, and different local
!Ilthorities. whilst sotr.e are the result of individual enterprise and
Irtablie spirit.
The expediency 'elm of carrying out further improvements in addi-
Afto to those tal
, e now in progress cannot be doubted, and more especially
aal. the lame time that object can be effected.by a safe and profit-
te investment for the capital required.
:,,The gradual substitution of improved thoroughfares for the nar.
unhealthy, and inconvenient courts and alleys which still
lurld in the heart of the City, and nowhere more than In this
'4...'"reetilate neighbourhood, has been checked or suspended from an,,
f.,74ggerated notion of the value of the property it would be neees,
wri to re-model.
A careful inquiry, founded upon the experience et the great un.
Lirtakings already so ably carried out, has convinced the Commit.
tr that the valne of all descriptions of property in the districts
Z'ulth which it is intended the Gresham Avenue shall bet
ormed,
di be considerably improved'
t„!t has beendetermined, therefore, to form an Avenue or Arcade,
f"ue called "The Gresham Avenue," affording a light, well.ven
eemmodious, and handsome covered approach from Lou.
—U•wall to the Bank of England, Royal Exchange, Lloyd's, the
dock Exchange, and generally to the central parts of the City.
The surveys and estimates made at different periods.by eminent
147eYors have been recently revised and carefully re-conaidered,
4. „..etnil no doubt that the whole can be completed fora sum not
eettiitrg 300,0001., and that this outlay will yield a gross rental, of
"MOW., or about 9 per cent. ; so that, after deducting 20 per
azteut. for repairs, non.occupancy, and contirgencies, there will re-
nett income of 22,080/. per annum. The reasonable ex-
's, Maiden of this result has bren fully attested by gentlemen well
-"led in all that relates to property of this description.
An Act will be applied for in the ensuing session of Parliament,
for .
whieb the necessary notices have been given ; and fl.om the
frrandly disposition evinced by the met..bers of th, Corporation,
r,, d all Parties whom it has hitherto beers possible ta consult, the
'‘,'''raY be expected to pass without material opposh',.,n.
or the purpose of raising the capit,l of 300,0001. i, is proposed
issue 3.000 shart.s of 1001. each, upon which a deposit of 103. per
share is to be immediately paid, being the extent of the sum al-
vlbt dto be received, under the Joint-Stock Companies' Act, pre.
°4a to complete registration. The remainder to be paid at such
limas as the Board of Management may appoint, one month's no-
is being Previously given. On the Act of Parliament being ob.
Insurable
kach subscriber will be required to nominate a good and
',Bumble life, not exceeding 20, nor less than 5 years of age. A
e'd'seriber will not be limited to one nomination, provided not more
t,
five shares are dependent upon any one life ; the shares to be
7 all times transferable Upon the death of the nominee, (lona.
1:e sum, or 2001. for every 1001. will be paid ,0 tne sitacribet, or
re m,
to be secured by life assurance.
The Conamitte,.., is in a position to effect arrangements with cer-
tain Life Assurance Offices, and it has been ascertained that the
*hole amount necessary to be assured, being 500,0001., can be se-
lured at an aggregate premium not exceeding 255. per cent., or
whi,la will leave a nett annual income of upwards of
.30001. for division amongst the existing proprietors.
This division will be made by way of bonus, the first at the ex-
Plration of seven years front the passing of the Act of Parliament,
and subsequently every five years. As soon as the number of out.
%tending shares, by the death of the nominees, shall fall to within
!AO, the whole property of the Association to be vested in and di-
videzi amongst the holders of them.
The following statement will serve as an illustration of the first
five years' bonus after the undertaking is completed :
Gross 1nc0me....,.,,,.... ................ R 27,600
Deduct for Repairs, Non.occupancy, Management,
and all other Contingencies ~c 1
Per cent 5,520
Premium at 25.. per cent, for assuriug 500,0001—, 8,250 11,770

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33 4
35

First Year's Surplus ........... 15,830
Interest on 15,830/., at 3 per cent.... ............... 475
tccund Year's nett Income ........ . 22,080

tpa 22,555
--uot Plerniurn on 496,0001., reduced by deaths* 8,200 18,555

Second Year's Surplus
leterest on 32,185/. at 3 per cent.
Ilitd ear's nett Income

32.185

29,045
beii,,..
"' Premium on 492,0001., further reduced by
~ eattue ........ 8;150 18,895
........ _ ......................

49,080

Ink,.
t'st o Th
air
per cent. d Year's Surplus,..
Third r‘ 49 Oa.
0/. at wo, . -
s nett Income "2,080
T
___

23,552
7:ANL' t
thc- Priv:awn on 488,000/., further rethiced by
ideito•

6,100 17,452
••• 00000

Into
,996
22,060
cent.
..
es Fourth ton 66,532/. at 3 per I.°"th Year's nett Income Year'. Surplus

66,539

24,076
bedue
s* ht ."aiu " 484 " 0001 further reduced by
deat
...............

6,050 16,026

Fifth Year's Surplus
des Mill
suln divided among.t the holders of the 4 2,900 remaining
kr
,Iwill allow nearly 30/. for each 100/. share, or 6 per cent.
seourePen. whilst double the amount of capital advanced will be
to latices- the sub, criher in the event of his not participating in the
payte division of the property.
the ,ac'e'iartl'ie as these results are, they by no weans comprise all
Must ;tl' that may be expected ; for the surplus or bonus fund
Ruen:„-fe?,arilY increase at every subsequent division, in conse.
elimmuti.' `ne insurance premiums becoming less, and the constant
the b, 11 to the number of_lives.;_it is .obvious, therefore, that
must h-nuB to which each existing share will be entitled
ei,iholders of
lan , '''e constantly increasing, whil.,r the prerietors of the
, The 'CI relnainlng shares will divide the whole e: the property.
_ ._ entitled to,
shares whose nominees have previ, ... dy died re-
subscribed cs,raeng "t only Such quinquennial bonuses as they may have be.
avily subs • but also double the amount of the capital origi.
by them.
tia;;;s`" as two.thirds of the capital is subscribed for, the Cons-
-4,,de:r.,..:th.be at liberty to proceed in carrying out the objects of the
Py0:" •
10 th e solicitors ketoses may be had, and plans may be seen, on application
. Messrs. Bischoff and Coxe ; or at the temporary
oili
'et', 30, Ilucklersbury.
TO t
en Provisional
OF APPLICATION FOR SHARES.
~e Provisional Committee of the Gresham Avenue Association.
Gentlemen;Vin 1 request you will insert my name for tie.
to 4 Shares in the above A.BoCiatioll, and I hereby undertak,
, PaY the"iott Deposit of 10s. per Share on such Shares as may be al.
to nie, and to sign the Deed of Settlement when required.
Name

Re.itiencit—
i profession nr Business

ge I. Carlisle Table of Mortality exhibits an annual decrernet
%II in
a population of 3,000 Urea aged between 5 and 20 years.

--~...

AFAREWELL. ODE TO 1844
Farewell to 'Forty7Feur Another year
Has very nearly Smiled its career.
And lo ! the term whine sands are well nigh spent,
Is signalised by many a great event,
Which Father Time, like some historian sage,
Has noted down, to fill another page.
.. Farewell to 'Forty-Four With grateful hearts
W„ e hie adieu, v;k_le thus the year departs.
To this importa era we may date,
Success in glorioae streams, and triumphs g-eet.
Prosperity has crown'd as more and more—
A memorable year was Forty-Four
Farewell to'Forty.l'os Bu not farewell
To that success of which we gladly tell,
F..,r when the present season shall have piss',
MOSES and SON'S success, we trust, will last.
And, then, their mighty mart shall he display'd
The most astounding monument of trade.
Farewell to 'Forty-Four ! and many thanks
To public friend:, who form such num'rous ranks.
MOSES and SON, with heart-felt warmth express,
Their inward gratitude fix vast success;
And, in return for this, they promise more
Than what the public bad In 'Forty-Four
WELCOME TO
1845.
Welcome to 'Forty. Five! May this be found
The happiest year that ever ran its round !
May young and old, throughout the coming year
In glad prosperity alike appear I
May trade and commerce happily revive,
And gloriousiy distinguish 'Forty-Fivel.
Welcome' to 'Fos ty- Five Throtighout this te
MOSES and SON will signalise their Firm,
_ Inventioas and improvements shall appear,
• Such as will rival each preceding year:
. A_nd vast advantages shall all derive,
-nroughout the coming year of 'Forty-Fire.
Welcome 'o !Ferty.:Five I May we e crown'd
With bright'ning proliects,while it hastens round.
BLit, show 're of patronage incessant pour,
' Ani quire eclipse the t• ale of 'Forty-Four.
• And' may the glorious House of MOSES stand
• . A. universal wonder is the land.
, •
Welcome to 'Forty-Five! Let all who hear
• Unite in Joyful welcomes to the ie.ir I
, Let r ich and poor combine in one loud chorus,
'TO 'welcome in the ve-r which 'tithes before us)
' For much it will unfeld—and,•when it closes,
give three hearty chees s for MO
. . IMPORTANT ANNOUNCEMENT!
•l The Public are specially informed that .during the re-erect! 'n. of
E MOSES and SON'S premis.,e• in Aldgate, the entrance to their
Esti iblishment is only at 154, Minories. •• • . •
A. New ilk. entitled THE COMMERCIAL PHENO.
• IsIEA 'ON," with full directions' fur e'e'f- Measurement ,on apptica-
tion,*sillbe forwarded, post tree. •' • . •
itueescet Ver.— cistay testicle pui chased. .o,r wwicred, if not • approved
exclu‘nged, or the money returned...,
')brews —E. MOSES and' SON, Tailor* Wholesale and Retail
Woulten'Arapiors, Outittersi and Geneva} Warehousemen, 154,ML.
4.ldgate, City, opposite the Church. -
• Catvatni..-.E. Moses and %on are obligees •to guard the public
ilatrist impoettion, having lesarneel • that the untradeamaelike
ahehood Neins connected With them, Or it's tits same concern,
' aas been remixed to in many instances, and for (raviolis reasons.
they have no connexion whatever with any other establishment,
t ad those -who .imire genuliw -Cheap Clothing should (to pievsne
sappo,mmeni, azc Call or new! to 154, Theories. or HS, Aldgate.
'prite the Courcr,.
• N.B. burliness transacte.i at this bltablithment from- 'ilttnset on
-4• Y ti 1. 14116 4 on,t4cumay. sebell business icuesuireed.tilLtwelve
OIC. 104 . • • .