The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-04-22 00:00:00

PROSPECTUS, VOR A JOINT STOCK COMPANY,

FOR
THE PURCHASE aND LAYING-OUT Old LAND IN TILE DI-
MEDIATE VICINITY OF THE .NEW BOT.4NR, GARDENS.
SUIT-ABLE FOR TiII:ERECTION OF ORNAMENTAL VILLAS.
TO BE CALLED "THE MONTPELIER COMPANY."

CAPITAL £lOO,OOO, IN 5,000 SHARES OF £2O EACH.
Deposit, £2 per Share.

iirllE Architectural Beauties of Edinburgh, the " Modern
X Athens," and the taste displayed iu the °mime "l Villas
in the vicinity of Brighton and Cheltenham, just call forth
the admiration of all strangers, and have prove attractive in-
ducements to numerous families of independen and respecta-
bility to take up their residence in those plac s. Liverpool, a
town second in importance to none in the U ted Kingdom but
the Metropolis itself. is daily becoming xtensive resort for
parties of similar circumstances; thus t value of Land in its
neighbourhood is continually and pro ressively enhancing,
thereby rendering the present undertaking not only one of safe
investment, hut one of early lucrative return.
The Povisional Committee have, on behalf of the intended
Company, obtained an offer, ou most advantageous terms, of
the well-known Property of FAIRFIELD, containing about
270,000 square yards of Land, with the Mansion-house thereon
—a site peculiarly well adapted for the present undertaking,
possessing extensive views over Knowsley Park to the east,
and the River Mersey, with the woods of Easthana and the
Welsh hills to the west, and being in the immediate vicinity of
the New Botanic Gardens; which latter circumstance suggest-
ed the name adopted, " Montpelier," a city renowned for the
beauty of its surrounding villas, with the first botanic garden
ever established in Europe.
It is intended to erect Four Neat Lodges with Park Gates,
the Interior to be considered as private, somewhat after the
manner of Pittville, Cheltenham; thus retaining the privacy of
country residences within two miles of the Liverpool Exchange,
having public conveyances passing and re-passing numerous
times in the day, along the adjacent highroads, and within ten
minutes walk from the new passenger station forming by the
Liverpool and Manchester Railway Comyany at the head of
the new tunnel.
The affairs of the Company to be managed by Five Directors,
three to be a quorum, by ..whom all calls shall be made as they
may deem advisable to promote the interest of the undertaking,
on giving not less than one month's notice.
bo Calls to be made oftener than once in three months.
Not more than Fifty Shares to be allotted to any individual.
A holder of Five Shares to he entitled to one vote; ot Ten
Shares to two votes; and a further vote for every additional
Ten Shares.

Applications for Shares; with Christian and Surname, and
Residence of the Parties, to be addressed to Mr. Bit:HARD
DAwsoN, Share Broker, Exchange-alley, (if by letter post,.
paid,) at whose office Prospectuses may be' had; and further
information obtained at the Offh!es of Mr. WILLIAM WAKING
and Messrs. WILKINSON and CHRISTIAN, Solicitors, rellWlCk-
street, Liverpool. .

PROSPECTUS OF A COMPANY
TO BE CALLED THE ,1
LIVERPOOL UNION COMMERCIAL OM PANY.
T4IVERPOOL, a town which, in wealt nd importance,
yields the palm of superiority to none • the United King-
dom, London alone excepted, and in wh' there are so many
wealthy, influential and enterprising iN rchants, who have so
successfully, prosecuted their trade every quarter of the
°lobe, is still, notwithstanding her oth umerous establishments,
in want of one,—that one is, a Coin any for the Spinning of
Cotton Twist, Manufacture of Power-Loom Cloth, and Bleach-
ing.
In bringing an establishment of this nature to the notice of'
the Public, it will, perhaps, be expected that some satisfactory
proofs should be given that such is not a chimera, which in the
end will not only be unserviceable to the Public, and unprofita-
ble to the Shareholders, but which, on the contrary, will be both
profitable and serviceable.
No stronger proof that the latter will be the case need to be
adduced, than to point to the extraordinary success which has
attended the Spinners and Power-loom Manufacturers of Man-
chester, Stockport, Preston, Blackburn, &c., &c., which will at
once demonstrate, without here having recourse to the aid of
figures, that a more profitable undertaking cannot easily be at-
tempted. In Liverpool, the advantages which this establish-
ment will hold out to the merchant will be important, in the
items of Carriage and Commissions alone.
In time it may be deemed prudent to add Print Works, and
also an Establishment for the Spinning of Flax, which is ano-
ther very important article of consumption.
These are facts which must forcibly come home to the mind
of every intelligent Merchant.
It is, therefore, proposed to-form a Company, to be called
The Liverpool Union Commercial Company, to be guided by the
following

REGULATIONS.

1. The Capital to be £500,000, in £25,000 Shares of £2O
each.

2. One Shilling per Share to be paid on allotment of Shares;
£l. per Share in fourteen dayS after election of Directors, and
the remainder as may hereafter be determined upon.
3. Should the business of the Establishment require exten-
sion, in a matter profitable to the Shareholders, the Directors
to
,be empowered to increase the Capital by the creation of a
_further quantity of Shares. A General Meeting of the Share-
holders to be held to take this point into consideration.
4. No call to be made without one month's notice being
given of such call by advertisement, and no call to exceed
£2 -10 s. per share.
5. The Deposit of ls.pe: Share to be applied to the expenses
necessary for the formation of the Company.
6. No Shareholder can be qualified as a Director, unless he
be a holder of at least 100 Shares.
7. A Proprietor of 10 Shares to have one vote, 30 Shares
two votes, 60 Shares three votes, and of 100 Shares and up-
wards, five votes.
8. 'The responsibility of the Shareholders to be restrictedio
the amount of their respective subscribed capital.
9. Two General Meetings of Proprietors to take place in
every year. First, in first week in January; second, in first
week in July. No Proprietor to he allowed to vote at such
meetings unless he has been such at least aix months previously
to such meetings. The meetings to he convened, by circular,
from the Secretary, in behalf of the Directors.
10. The Directors to be empowered to build and construct
suitable Premises; contract for machinery; engage managers;
and other subordinate servants, at fixed salaries; and to take
all other necessary measures for the completion of the Establish-
ment. _ _ _ _ _ _ _

11. Should one-half of the paid up Capital be lost in any one
year, the Company to he declared dissolved, unless two-thirds
of the Shareholders present at a General Meeting shall other-
wise decide.

12. The'Directors to have the power of making' Bye-laws,
&c., subject to the approval of one of the General Half-yearly
Meetings.
13. When 10,000 Shares shall be subscribed for, the Com-
pany to he considered fir, used.
14. No disclosure of the names of Shareholders to take place
till after the whole amount is subscribed, and nut then unless
considered necessary.
_ _

15. The Snares to be made to Bearer, Pign ed by three Di-
rectors and a Secretary.

16. The Deposits t 4; be paid in such Bank as the Directors
may appoint, who will give receipts, which shall be exchanged
for Scrip when the Company shall have been declared formed.
17. The Agents to have the sole disposal of the original
Shoes..

18. Sealed Applications, post-poid, addreised to Mr. H. B.
WALKEII Solicitor, 3. Do ke-slreet ; or to the Agents, Messrs.
Tnomas MAIN Co., '2l, Exchangt -alley North, will meet
With chie attention at the time of allottLent.