The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-05-10 00:00:00

PROSPECTUS_OF AN ASSOCIATION,

TO BE CALLED
-THE LIVERPOOL JOINT STOCK COMPANY,
FOR THE INVESTMENT OF CAPITAL IN 3.1111
PURCHASE AND SALE OF LAND ANDIBUILDINGS
- IN LIVERPOOL AND ITS VIC ITT.
CAPITAL, £300,000, IN 30,000 SHA • S AT £lO each,
With power for the Company to a ! ent the Capital by in-
creasing the numbe Shares.
_I
riFIHE object of this Company wi .e to employ the Capital
to he advanced, in the purchase and sale of Land and
Buildings in the Town and neighbourhood of Liverpool, in such
a manner as to secure the payment of at least £5 per Cent. In-
terest, with a certain prospect of a future increase of Interest,
from the great demand for public and private situations.
This appeal is made to the public under a firm conviction that
the proposed Association will afford a safe and profitable in-
vestment, that it is not liable even to the character of Specula-
tion, that it is perfectly free from all attempts to mislead the
public mind, and that it has no feature in common with any of
those delusions which characterise too many of the ephemeral
projects of the present day.
The' steady increase in the value of Land and Buildings in
Liverpool and its vicinity is so well known, that it requires hut
little penetration to predict that it has not yet reached the acme
of its real worth.

The Funds and Property of the,,Company shall he vested in,
Trustees, to be chosen by a majority of the Members at a gene-
ral meeting.
The Title-Deeds belongingto the Association shall be .depo-
sited in a place of safety, to be fixed upon by a majority of the
members present at a general meeting.
A Committee of Management consisting of twenty-one
ShareholderQ, shall be chosen by a majority of the membeis
present at a general meeting, to be held immediately after
the allotment of shares, and afterwards annually ; and the
Committee, or a majority of them, shall choose seven members,
each of whom shall be holders of not leas than forty shares, to
aet as Directors for one year from the time of their respective
appointments...
in case any of the Committee .or Directors shall die, or
otherwise be. deemed incapable or unfit to. act in the manage-
ment of the affairs of the Association, then a special meeting of
the subscribers shall be called, to fill up the vacancies in such
manner as a majority of the members present at such meeting
shall determine.

That at every annual election of Officers, three of the Direc-
tors and seven of the Committee shall retire from office, but they
shall be eligible to be re-elected.
That the affairs of the Company shall be submitted to a, ge-
neral meeting of the Shareholders, once in every twelve months,
previous to which the accounts shall be audited by two persons
chosen by a general meeting—a report made of the state of the
Company,—and a dividend declared and paid to the members.
Every Subscriber shall pay one Shilling per Share upon Al-
lotment, which shall be appropriated exclusively to defray the
expenses incident to the fui mation of the Association. •
That upon the receipt of the Scrip, every member shall pay
£1 per cent. in respect of each Share, which will entitle the
Shareholder to attend the first General Meeting of the Mem
bets, but no calls will be made fur Subscriptions on account of
the Shares till the Directors or other Officers duly authorised
for that pnrpose shall have found a desirable Investment of Ca-
pital in the purchase of Laud or Buildings, and no call shall
exceed £1 per Share, and not less than twenty-one days' notice
is to be given between each call.

Applications tor Shares to be made by letter, post paid, to
Mr. FowtEa, 21, Dale-street, Solicitor to the Provisional Corn-
ini:tee, to Mr. RICHARD DAWSON, Stock and. Share Broker,
Exchange-alley, Mr. JOSEPH KING, Stock and Share Broker,
Exchangokbuildings, or Mr.THOMAS COG LAN, Stock and Share
Broker, Exchange-street East, from whom, as well as at the
offices of Mr. SAMUEL ROWLAND, Surveyor, North John-street,
and Mr. WEiu tam AN, Surveyor, Castle-street, a Prospectus of
the Association may be had.