Star.
London, England, 1825-06-30 00:00:00

The adtit:reed state of Science in Engineering and Architecture,
withlhe irisent price of building* materials, will enable the pro-
tnoters 6f the measure, notwithstanding the comparatively limited
site, ina Afford to the.public. accommodation for warehousing, bond-
ing, and nearly equal in extent to the London Docks ;
and from an improved construction of the Warehouses, which
will be erected within a few feet of the margin of the Ducks and
Basin, a very considerable annual saving will be effected in the ex-
pense of labourage.
It is computed that the St. Katharine Docks and Basin, will
with great convenience afford' accommodation, annually, for
about 1400 Merchant Ships, including private trade Indiamen ;
besides Craft for loadibg and discharging. Increased facilities will
be afforded to the Ingress and egress of Shipping, by the improved
application of mechanical powers, by means of which ships and li
lighters, at a very trifling expense to the -Company, may, in the
night as well as by day, be locked in and out of the Docks du.
dog *ay period of tide ; as the sills of the outward gates will be
soconstructed as to provide for ten feet depth at low water, and
from twenty-six to thirty feet at the height of spring tides.
According to the estimates proved before Committees of Parlia-
ment, the total cost of the site, the purchase of buildings, leases, and
thi various interests concerned, including compensations and ex-
penses of carrying the Act into execution, will be about £1,550,000,
whilst the Capital Stock of the London Duck Company amounts to
upwards of £3,200,000.

Calculating upon the above estimates of outlay, with an ample
provision for extraordinary contingencies and unforeseen demand-,
including a reserve fund, and making large allowances for a reduc-
Eon in the rates of the Port, the profits are estimated to be such as
will yield a highly satisfactory return to the Subset ibers on their in-
vestment.• The profits thus estimated may be anticipated with the
greater confidence, because the calculation proceeds on the stlpposi-
don of an extent of business equal to only three-foulths of the ea-
iacity of the proposed Docks and Warehouses, whereas it may I
fairly be expected, that the inesiimable advantage of proximity of
situation, and the attention which will be paid to every possible im-
provement in management, may secure full etriploymalt, and, con-
sequently, still larger returns to the Proprietor*.
The Act provides for the payment of Interest to the Subscribers
upon their instalments, after the rate of Four per Cent. per Ann.
until the works shall have been completed.
A deposit of Five per Cent. upon the sums subscribed has been
Inca; and upon payment of the first Call, a &rip Receipt will be
issued to the Proprietors ; after which, Sales of Shams may take
place.—Tbe Calls are united to Ten per Cent. upon a Two
Mouths Notice.
No person will be answerable beyond the amount of the Stock
standing in his name.
At the expiration of one year, to be reckoned from the opening
of the Docks for business, a dividend will be declared and paid ;
and after that period halt-yearly ; regard being had to the creation
of a reserved fund for repairs and contingencies.
An account of the concerns of the Company for the preceding
yew. will be laid before the Proprietors at the annual meetings,
and may be inspected by them a few days previous to such meetings.
The Direction is composed of the following Gentlenwn ;
THoazss Tooth, Esq. Chairman.
G. a De H. LAMM, Esq. Deputy Chairman.

James Alexander, Esq. Ai. P.
John William Buckle, Esq.
George P. Bardiy, Esq.
William Crawford, Esq.
George Carr Glyn, Esq.
Charies,Paseoe Grenfell, Esq.
Lyon Abraham Goldschmitit,
Esq.
William Hakftniand, Esq. M.P.
John Benjamin Heath, Esq.

John Hodgson, Rag.
Sir John William Lubboek,Bart.
John Horsley. Palmer, Esq.
John Diston Fowles, Es.
Henry ltowles, Esq.
William Sampson, Esq.
Alderman Thompson, M.P.
Andrew Henry Thomson, Tat.
Thomas Wison, Esq. M.P.
Neches' Wilson, Esq.

TREAIURER,
George Carr Glyn, Esq. Lombard-street.
SECRETARY,
John Hall, Esq. No. 6, Circus, Minorics.
SOLICITOR,
William Tooke, E.sq. Gray's Inn.
CIVIL ENGINEER.
Thomas •Telford,. Esq. Abingdon-street, Westminster.
ARCHITECT AND Sulivairoß4
Philip Hardwick, Esq. Great Marlborough-street.

AU applications relating to the business of the Docks, kc. to he
Made at the Office, No. IT, Austiu-friars, until the Docks shall be
opened for business.
• The detailed examination and Report of a Criinntittce upol this
important branch of the subject may be insrected by any of the 'ro-
pi ktors;upen application to the Stcraa:y.