Page images
PDF
EPUB

THE

COLEFORD HEMATITE IRON ORE

COMPANY

(LIMITED).

(Incorporated under the Companies' Acts 1862 and 1867.)

CAPITAL

£100,000, IN 10,000 SHARES OF £10 EACH.

PAYMENTS.

£1 per Share on Application; £3 per Share on Allotment; £2 per Share on the 1st July; £2 per Share on the 1st September. and £2 per Share as required.

[blocks in formation]

This Company is formed to purchase the valuable property called the CoLeford HEMATITE IRON MINES, Consisting of the minerals under about 400 acres of ground, situate at Coleford, in the Forest of Dean, Gloucestershire. This property was recently purchased by the present Vendor out of the Court of Chancery, where it had been locked up in a suit for the past twelve years. The Ore in the property is a Brown Hematite well known as of the finest quality.

ne dentand for this class of Iron Ore is very great. The Hematite Ores suitable for the production of Steel under the Bessemer process are most sought after, and for these Ores prices have advanced at least 75 per cent. within a short period. A rich Ore is the chief element in the cheap production of all Iron, and, in consequence, strenuous efforts are being made to obtain such Ores from Spain and elsewhere. Arrangements have recently been entered into by leading firms and companies in the Iron Trade for the importation of Spanish Ore on a very large scale, and freight is readily paid thereon, at rates rauging from 143. to 17s. per ton.

QUALITY OF THE ORE.-The Ores got from the adjoining mines as before stated, are brown Hematite, of very fine quality, and perfectly adapted for the Bessemer Process. In the accompanying report of Thomas Flewelt, Esq., will be found analyses of Ores taken from the mines abutting on the property, and which have driven their workings to the Coleford boundary. The following is also an analysis by Messrs. Johnson, Matthey, and Co., of Ore taken from a nine which has been driven close up to the boundary of this property. Assay Offices and Ore Floors, Hatton Garden, London, E.C., February 16th, 1872. CERTIFCATE OF ANALYSIS.

We have carefully analysed the sample of Iron Ore marked as under, and find the following to be the proportions in every 100 parts:

Iron Oxygen

Somble Silica

Alumina

Phosphorus

Earthy Matrix Water... 2.. Loss

58:00

21 87

3:00

2:40

0.02

1.50

10 20

0:01

100.00

(Signed) JOHNSON, MATTHEY & CO. QUANTITY. The property is 394 acres in extent, and estimated to contain more than ten millions of tous of Hematite Ore.

DESCRIPTION, SITUATION, &c.-The property is held by grant direct from the Crown in perpetuity, and is sold subject to royalties aggregating 9d. per tou, the dead rent being only £20 per annum. It is situated close to the town of Coleford, in the Forest of Dean, in Gloucestershire. By reference to the accompanying plan it will be seen that Iron Mines are now in full work on three sides of this particular estate, which stands untouched in the centre of the western district-a vigin Mine, unworked for the previously stated reason. The undermentioned mines imme. diately adjoining this property are now working successfully, viz. :-the Easter Mine, the Bow Pits, the Crow's Nest, Marlescot Wood, and others.

The reports of Professor Ansted, Mr. Flewett, and Mr. Riley, and the plan accompanying the prospectus, show the existence of Ore all over the property as well as its great value. The presence and quantity of the Ore is further shown by the workings of the adjoining mines which come up to, or near it. It should be added that these facts are also proved by the geological maps of the Ordnance Survey made under the immediate superintendence of Sir Henry de la Beche, and which may seen at the School of Mines in Jermyn street. Mr. Flewett's report states that the nearer such workings come to this property the better is the quality of the Ore, and the greater is the quantity.

THE COST OF WORKING THE ORE.-An agreement has been entered into with a responsible contractor residing in the district to sink within four months two shafts of 120 yards in depth, and supply and erect all engines and machinery, sufficient for obtaining 100,000 tons per annum, for a sum not exceeding £10,000, and the same party has also contracted to get and deliver the ore into tracks on the tramway at the pit's mouth for 4s. 7d. per ton, including all steam and horse power, the company finding pit wagons, rails, and driving headings if required. One of the chief elements of uncertainty in undertakings of this nature is thus eliminated.

CARRIAGE OF THE ORE.-The Coleford mining district has, up to the present time, beeu labouring under disadvantages with regard to the carriage of Ores, the only means of transit being by the Severn and Wye Tramway (shown in the plan), running across the property to the port of Lydney, and the South Wales Railway on the east, distant seven miles, at a cost of 2s. 3d. per ton. Now, however, a new railway from Monmouth to Lydney (also shown in the plan), is about to be made, passing through this property on its way, which will reduce the cost of carriage by at least 1s. 6d. per ton. This Railway will communicate direct with Monmouth, with the port of Lydney, and the South Wales Railway, and will afford great facilities

for transit by rail or water to any part of the kingdom, and especially to the great smelting districts of South Wales and Staffordshire.

SELLING PRICE OF THE ORE.-The present selling price of the Ores from the neighbouring mines is 16s. to 20s. per ton on the railway trucks at Lydney; but there is no doubt whatever that the opening of the before-mentioned railway will, by bringing the Forest of Dean Ores into direct and cheap communication with the various markets, enable the Company to obtain higher prices, particularly as these Ores can be delivered to the Welsh and Staffordshire iron masters at from 83. to 128. per ton less than Spanish Ores.

The Company have arranged with Messrs. Grazebrooke and Co. to act as agents for the sale of the Ore, and their connection with the iron masters of South Staffordshire, Wales, and elsewhere, and with the London and Liverpool markets, will at all times place the Company in a good position for orders with the leading consumers in these districts.

ESTIMATED PROFIT.-The company having a contract for raising and delivering the ore into trucks at 4s. 7d. per ton, are assured a profit, atter deducting the Royalties and other charges, of about 10s. per ton of ore raised. It is estimated that at least 100,000 tons of ore can be raised annually, so that a profit of nearly 50 per cent. upon the capital of the company may be calculated upon, and even this may be exceeded if more ore is raised, of which there is every prospect. Thus the company will be in the position of dealers in ore, having a contract for the production of ore at 5s. 44. per ton (including Royalties), and on the other hand a market for it at from 163. to 20s. per ton, the difference between the two, after paying certain general charges, being the profit. Immense advantage will, therefore, be derived from the extreme simplicity of the business.

Assuming only half the expected quantity-say 50,000 tons of Ore-is obtained: the cost of raising this, together with Royalties, will be 5s. 4d. per ton, or £13,333. Taking the selling price at 188. only, this will produce £15,000, snowing a balance of £31,667, which, aiter deducting a liberal allowance for general and other charges will leave a profit (as estimated above, at 10s. per ton), of £25,000 available for dividend.

PURCHASE MONEY.-The purchase money of the entire property has been fixed at the sum of £75,000, to be paid one-third in Shares, and the remainder in cash by the following instalments: £25,000 within one month, £12,500 when 500 tons of Ore is obtained, and the balance in three months from date of such second payment. DATE OF DELIVERY OF THE PROPERTY, &c.-Possession of the entire property is to be given to the Company immediately on its formation.

Applications for Shares to be made to the Bankers or Brokers of the Company. If no allotment be made the deposit will be returned in full, and if a less number of Shares than the number applied for be allotted, the balance of deposit money will be applied in payment of the amount payable on allotment. The following contracts hive been entered into on behalf of the Company: 1.-An agreement, dated the 27th day of March 1872, between William Hopkins Holyland, of the one part, and Heury Daniel Gooch, a trustee for and on behalf of the company, of the other part.

2. An agreement, dated the 27th day of March 1872, between Thomas Flewett, of the one part, and Henry Daniel Gooch, a trustee on behalf of the company, of the other part, for the construction of certain work, and the erection of machinery.

3. An agreement, dated the 27th day of March 1872, between the said Thomas Flewitt, of the one part, and the said Henry Daniel Gooch, a trustee on behalf of the company, of the other part, for the raising of the ore.

[blocks in formation]

being a

THE COLEFORD HEMATITE IRON ORE COMPANY (LIMITED). GENTLEMEN,-Having paid to your bankers the sum of £ deposit of £1 per Share of £10 each, on Shares in the above Company, I hereby request that you will allot me that number, and I agree to accept such Shares, or any less number you may allot me, subject to the provisions of the Memorandum and Articles of Association; and I hereby authorise you to enter my name on the Register of Members of the Company for the Shares so allotted.

[blocks in formation]

PARTRIDGE AND COOPER

WHOLESALE & RETAIL STATIONERS,

Solicitors' Benevolent Association,

192, FLEET-STREET, AND 1 & 2, CHANCERY-LANE, LONDON, E.C. For the Relief of Poor and Necessitous Attorneys, Solicitors, and Proctors, in England and Wales, and Carriage paid to the Country on Orders exceeding 20s.

DRAFT PAPER, 4s. 6d., 68., 7s., 78. 9d., and 9s. per ream.
BRIEF PAPER, 158. Gd., 178. Gd., and 23s. 6d. per ream.
FOOLSCAP PAPER, 10s. 6d., 13s. 6d., and 188. 6d. per ream.
CREAM LAID NOTE, 38., 4s., and 5s. per ream.
LARGE CREAM LAID NOTE, 48., Gs., and 78. per ream.
LARGE BLUE NOTE, 38., 48., and 6s. per ream.

ENVELOPES, CREAM OR BLUE, is. 6d., and 68. 6d., per 1000.
THE TEMPLE" ENVELOPE, extra secure, 9s. 6d. per 1000.
FOOLSCAP OFFICIAL ENVELOPES, 18. Gd. per 100.

ream.

"

THE NEW" VELLUM WOVE CLUB HOUSE NOTE, 9s. 6d. per "We should direct particular attention to their New Clubhouse Paper: in our opinion it is the very best paper we ever wrote upon."-London Mirror.

INDENTURE SKINS, Printed and Machine-ruled, to hold twenty

or thirty folios, is, sd. and Is 9d. per skin, 20s. per dozen. SECONDS OF FOLLOWERS, Ruled 1s. 6d. each, 178. per dozen. RECORDS OF MEMORIALS, 6d. each, 5s, per dozen.

[blocks in formation]

BRYANT AND MAY'S

PATENT SAFETY HOLDER

their Wives, Widows, and Families.

INSTITUTED 1858.

THE TWENTY-EIGHTH half-yearly GENERAL MEETING of the Members of this Association will be held in the Hall of the INCORPORATED LAW SOCIETY, Chancery-lane, London, on WEDNESDAY next, the 17th day of APRIL, at ONE o'clock P.M. :-To receive from the Board of Directors a Report and Statement of Accounts for the Half-year; and to transact other business. NOTICE OF MOTION BY MR. SIDNEY SMITH.

"The substitution in Rule 17 of the word 'three' instead of 'two' in the first line, and the addibe considered sufficient.' tion of the following words after the word 'year' in the last line- the audit of any two of whom to

The Meeting will be open to the Profession generally.

9, Clifford's-inn, London, April, 1872.

AMATEUR GARDENERS ARE RECOMMENDED TO
USE THE

IDNEY PATENT HAND SOWER, for
Seeds. Also for destroying Aphis with POOLEY'S TO.
BACCO POWDER; and for Dusting plants with Sulphur
for Mildew.

To be obtained of Messrs. POLLARD, JEPHSON, and Co.,
Bear Garden, Southwark. Agricultural Engineers; Messrs.
CARTER, DUNNETT, and BEALE, Holborn; Messrs. SUTTON
and Sons. Reading.
Sold by all Seedsmen and Ironmongers in Town and Country.

SCIEN

CIENTIFIC PRESENTS.-Collections to
illustrate" Lyell's Elements of Geology," and facilitate
the important Study of Mineralogy and Geology, can be had
at 2, 5, 10, 20, 50, to 500 guineas; also single specimens of
Minerals, Rocks, Fossils, and Recent Shells, Geological Maps,
Hammers, all the recent publications, &c., of J. TENNANT,
Mineralogist to Her Majesty, 119, Strand, W.C.

Private instruction is given in Geology and Mineralogy by
Mr. Tennant, F.G.S., at his residence, 149, Strand.

[blocks in formation]
[blocks in formation]

LA

AW.--EXAMINATIONS for SOLICITORS. -Mr. J. ERLE BENHAM (formerly of King's College, London, author of The Student's Guide, &c.) has commenced to take his CLASSES, and to give PRIVATE INSTRUTION for the next May Preliminary and the Easter Term Intermediate and Final Examinations.-For particulars and syllabus of testimonials, address to 20, Devereux-court, Temple, or to the care of Messrs. Butterworth, 7, Fleet-street, Her Majesty's Law Publishers.

AW EXAMINATIONS. A Solicitor, a their Preliminary, Intermediate, and Final EXAMINATIONS.-Address "M. A.," Messrs. Fletcher and Co., 11, Staple-inn, London W.C.

For use wherever a Match is frequently required. Country Gentleman's Newspaper, FINAL EXAMINATION-Gentlemen

BRYANT AND MAY.

TO EXECUTORS, TRUSTEES, AND SOLICITORS.

SILVER PLATE, DIAMONDS,

JEWELRY, ARTICLES OF VERTU,

&c.,

CORRECTLY VALUED FOR PROBATE,

OR

PURCHASED IN ANY AMOUNT AT THEIR FULL
VALUE FOR CASH.

D. & J. WELLBY,

WHOLESALE DEALERS IN PLATE, JEWELRY,

AND PRECIOUS STONES,

20, GARRICK-STREET, COVENT-GARDEN,

LONDON.

[blocks in formation]

Secondhand Plate, Jewelry, &c., for Sale, at Trade FIELD OFFICE, 346, STRAND, LONDON, W.C.
Prices.

[blocks in formation]

Dress and Fa hion: The Parisian Fashions (from our own
Correspondent) - Costume for Fancy Balls; Fashionable
Spring Toilettes, with Illustrations.

The Work Table: Oval Frame, paper rosette work;
Design in Applique for a Round Cushion or Seat; Pincushion,
embroidery and lace; Initial Letters, satin stitch embroidery;
Square for Antimacassars, crochet; Edgings, &c., Illustrated
Music and Musicians: Royal Italian Opera: Her Majesty's
Opera, Musical Doings, The Royal Society of Musicians;
New Music.

Pastimes. Society. Gazette des Dames. Personal. The
Boudoir. The Library. The Exchange.

All the Fashionable Intelligence of the Week.
Notes and Queries on Dress, Work, Music, Household
Economy, and other useful and interesting subjects to
Ladies.

Price 6d. Stamped, 64d.

QUEEN OFFICE, 345, STRAND, LONDON, W.C.

[blocks in formation]

LONDON GAZETTE (published by authority) and LONDON and COUNTRY ADVERTISEMENT OFFICE No. 117, CHANCERY-LANE, FLEET-STREET.

HENRY GREEN (many years with the late

the attention of the Legal Profession to the advantages of his long experience of upwards of twenty-five years, in the specia insertion of all pro formá notices, &c., and hereby solicita their continued support.-N.B. One copy of advertisement only required, and the strictest care and promptitude assured. Officially stamped forms for advertisements and file of London Gazette kept.

[blocks in formation]

In quality unrivalled, perfectly pure, and more wholesome
than the finest Cognac Brandy. Note the words "Kinahan s
LL." on seal, label, and cork.-Wholesale Depot, DA, Great
Titchfield-street. Oxford-street, W.

MANILLA CIGARS.-Messrs. VENNING

and Co., of 14, St. Mary Axe, London, E.C., have just received a consignment of No. 3 MANILLA CIGARS, in excellent condition, in boxes of 500 each. Price 50s, per box. Orders to be accompanied by a remittance.

M

N.B.-Sample boxes of 100, 10s. 6d.

THE VOICE AND SPEECH. *.* ILES DOUGHTY'S VOICE LOZENGES CLEAR THE THROAT and render the voice melodious, strong, and clear. 5126 testimonials from Christine Nilsson, Herr Wachtel, Sir M. Costa, Jenny Lind, Louisa Pyne, Archbishop Manning, &c. Gd., 18., 2s. 6d., 58. Free for 7, 14, or 33 stamps.-M. DOUGHTY, Chemist, 26, Blackfriars-road, London, and of all chemists.

H

OLLOWAY'S PILLS and OINTMENT.UNSETTLED WEATHER.-Misty, dull, and damp days try the constitution; complaints of the chest, such as asthma, bronchitis, inflammation of the lungs, coughs, and colds, are now afflicting multitudes. Fortunate it is for all such sufferers that they can with confidence resort to Holloway's purifying Pills and soothing Ointment. These noble medicaments exert the most beneficial influence over all the many maladies which arise from exposure to wet or cold in our variable climate. The Ointment should be well rubbed as near the afflicted part as possible at least twice daily, oftener if possible. Friction with it upon the chest, between the shoulders, or upon the throat, will at once diminish all dangerous symptoms.

THE NEW SYSTEM OF BUYING A HOUSE WITHOUT MONEY.

BIRKBECK BUILDING SOCIETY.

29 AND 20, SOUTHAMPTON-BUILDINGS,

MOST

CHANCERY-LANE, LONDON.

OST PERSONS ARE FAMILIAR with what is known as the " THREE YEARS' SYSTEM" of the Pianoforte Makers, by which anyone who Hires an Instrument and pays the Hire for that period, becomes the ABSOLUTE OWNER OF THE PIANOFORTE. Previously to the introduction of this plan it was almost as difficult for those of limited income to buy a good Pianoforte as to BUY A HOUSE; and persons went on year after year, paying for the Hire of an Instrument, and expended as much money as would have bought the Pianoforte several times over.

What will hold good for Pianofortes will hold good for HOUSES; and there are many who would no doubt AVAIL THEMSELVES OF THE OPPORTUNITY, if it was afforded them, of becoming

THE OWNER OF A HOUSE

in the same way as they have already become the owner of their pianoforte. THE DIRECTORS

[blocks in formation]
[blocks in formation]

ALFRED

SPECIAL NOTICE. WEBB

MILES,

of 12, Brook-street, Hanover-square, London, with whom originated the world-famed 168. trousers, has the pleasure to inform many thonsand customers that his Establishment is replete with the BEST and NEWEST DESIGNS for GENTLEMEN'S DRESS, Elastic Saxony Twills for Morning, Frock and Light Overcoats, Scotch, Angola, and West of England Tweeds for Riding Trousers, Elastic Twills for Ladies' Riding Habits, the Utile Dulce, Vicunas, Angolas, and Mosstrooper Tweeds for the Loch, Moor, and Mountain. Suits at 3 guineas, illustrative of Scotland's beauteous heathers; also the R. Y. S. Indigo Blue Yarn Dyed Cheviots, for yachting, impervious to wind

and weather.

THE GUINEA TWEED WATERPOOF OVERCOATS, VERY CLASS UNAPPROACHED in FIT all sizes and colours, ready for immediate use. ALFRED WEBB MILES.

EVERY

and QUALITY.

[blocks in formation]

428.

[blocks in formation]

50s.

[merged small][merged small][ocr errors][merged small][merged small][merged small]

39s.

[blocks in formation]

758.

[blocks in formation]

818.

[blocks in formation]

948. 104s.

[blocks in formation]
[blocks in formation]

Only address, 12, Brook-street, Hanover-square, London, W. Established 1811.

THE SANS-PLIS SHIRT.

REGISTERED Nov. 1848.

Specially adapted to meet the wants

of

BARRISTERS, SOLICITORS

and

GENTLEMEN OF SEDENTARY PURSUITS

Ease Combined with a Perfect Fit. Patterns and Particulars of Measure ment free by post.

BURDEN AND KEER,

51. CONDUIT-STREET, BOND-STREET.

SECOND-HAND GUNS,

REVOLVERS,

RIFLES, and

By all the Best Makers.

Large Stock of

CENTRAL-FIRE AND PIN BREECH-LOADERS.

LARGE BORES FOR INDIA.

PLATE, JEWELLERY, AND WATCHES SECOND

HAND.

VAUGHAN'S, 39, STRAND.

Catalogue of Guns, &c., sent on receipt of 3 Stamps.

LA

AW PROPERTY and LIFE ASSURANCE SOCIETY, 30, Essex-street, Strand, London. CAPITAL, £250,000.

[blocks in formation]

Sir Henry Thompson, M.B., F.R.C.S., 85, Wimpole-street. SECRETARY-Edward S. Barnes, Esq.

DEATH

or INJURY from ACCIDENT, with the consequent LOSS of TIME and MONEY, provided for by a policy of the RAILWAY PASSENGERS ASSURANCE COMPANY, against ACCIDENTS of ALL KINDS. An annual payment of 31. to 67. 58. insures 10007. at death, or an allowance at the rate at 67. per week for injury. 650,0007, has been pald as compensation, one out of every twelve Annual Policy Holders becoming a claimant each year-For particulars apply to the Clerks at the Railway Stations, to the Local Agents, or at the Offices, 64 Cornhill, and 10, Regent-street, London. WILLIAM J. VIAN, Secretary.

AW UNION FIRE AND LIFE
INSURANCE COMPANY.

Chief Office.-126, CHANCERY-LANE, LONDON, W.C.
Capital.-ONE MILLION STERLING.
Fully subscribed by upwards of 450 Shareholders, nearly all
of whom are members of the Legal Profession.
CHAIRMAN.-Sir William Foster, Bart.. Norwich.
DEPUTY-CHAIRMAN.-James Cuddon, Esq., Barrister-at-Law
Goldsmith's-building, Temple.
The Capital Subscribed and Funds in hand amount to
upwards of 1,830,000., affording unquestionable security.
The Directors invite attention to the new form of Life
Policy, which is free from all conditions.

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]

New System of Purchasing a House,

MAY BE SUMMED UP AS FOLLOWS:

1. Persons of Limited Income, Clerks, Shopmen, and others, may, by becoming Tenants of the BIRKBECK BUILDING SOCIETY, be placed at once in a position of independence as regards their Landlord,

2. Their RENT CANNOT BE RAISED.

3. They CANNOT BE TURNED OUT OF POSSES. SION so long as they pay their Rent.

4. NO FEES or FINES of any kind are chargeable. 5. They can leave the House at any time without notice, rent being payable only to the time of giving up possession. 6. If circumstances compel them to leave the House before the completion of their Twelve and a half Years Tenancy, they can Sub-let the House for the remainder of the Term, or they can Transfer their right to another Tenant.

7. Finally, NO LIABILITY or RESPONSIBILITY of any kind is incurred, beyond the Payment of Rent by those who acquire Houses by this New System.

The BIRKBECK BUILDING SOCIETY have on their List several HOUSES, which they are prepared to LET on the TWELVE AND A HALF YEARS' SYSTEM, and in many cases Immediate Possession may be obtained."

The Terms on which Houses can be placed on this Register may be obtained on application to

FRANCIS RAVENSCROFT, Manager.

638.

70s.

848.

Illustrated

in different

[ocr errors]

[ocr errors]

All sizes in stock

or to

[ocr errors]

Illus

trated in the Book of

styles. order. Fashion!

measure.

Unap Fashion Price is

proach

able i

regu

ed in fit

and and Novel quality. Fabrics.

lated accord. ing to height.

ENTLEMEN'S and YOUTHS' CLOTHING can be either purchased ready made or made to The Ready-made Stock is entirely of Messrs. Samuel Brothers' own manufacture, and is equal to clothing made to order. For the convenience of Lady visitors special show-rooms are exclusively devoted to the Juvenile Depart

[blocks in formation]

The Company ADVANCES Money on Mortgage of Life Interests and Reversions, whether absolute or contingent, Prospectuses, copies of the Directors' Report, and Annual Balance Sheet, and every information sent post free on appli

cation to

LAW

FRANK M'GEDY, Actuary and Secretary.

ANNUITIES AND REVERSIONS.
REVERSIONARY INTEREST
SOCIETY,

68, CHANCERY-LANE, LONDON. CHAIRMAN. Sir W. J. Alexander, Bart., Q.C. DEPUTY-CHAIRMAN.-Alfred H. Shadwell, Esq. Reversions and Life Interests purchased. Immediate and Deferred Annuities granted in exchange for Reversionary and Contingent Interests.

Loans may also be obtained on the security of Reversions. Annuities, Immediate, Deferred, and Contingent, and also Endowments, granted on favourable terms. Prospectuses and Forms of Proposal, and all further infor mation, may be had at the office.

[blocks in formation]

THE

GREAT WESTERN TELEGRAPH COMPANY

(LIMITED).

Incorporated under the Joint-Stock Companies Acts 1862 and 1867.

CAPITAL £1,350,000, IN 67,500 SHARES OF £20 EACH,

Of which £900,000, in 45,000 Shares of £20 each are now offered to the Public.

Deposit £2 on Application, £3 on Allotment, and the balance at intervals of not less than three months.

[blocks in formation]

This company is formed to connect New York with England, and to connect the West Indies directly both with New York and England, without in either case the intervention of any system of land lines. It is further apparent that, when the lines of this company are laid, it will require but a comparatively short cable to continue telegraphic communication to Brazil, by a route which will not only be short, but will, at the same time, have the great advantage of connecting Brazil both with England and New York by direct lines.

The route adopted for these purposes is from the best possible point to be selected near Land's End to the Island of Bermuda with one line thence to a point as near New York as possible, and another to the Island of St. Thomas in the West Indies.

A contract for the making and laying of the cables for the price of £1,330,000, and dated the 8th day of April 1872, has been made between Hooper's Telegraph Works (Limited), of the one part, and this Company of the other part, upon the basis of a specification for a similar cable re

By the adoption of a system of deferred messages, to be sent at a cheaper
rate, it is expected that a further addition to profit will be insured.
The principle of co-operation will be adopted by giving a discount to
shareholders, holding not less than 100 shares, of 10 per cent. on messages
sent by them.

Applications for shares must be made to the bankers, on the form hereto annexed, accompanied by the deposit of £2 per share. Should no alotment be made, the amount paid will be returned without deduction.

Prospectuses and forms of application can be had of the bankers, of Messrs. P. Cazenove and Co., 52, Threadneedle-street, and Messrs. Walker and Lumsden, 9, Old Broad-street, and at the company's offices. Copies of the memorandum and articles of association of the company, and the contract and agreement above referred to, can be inspected at the office of the solicitor, and at the company's offices by intending subscribers.

commended by Sir Samuel Canning, C.E., and Latimer Clarke, Esq. C.E., THE

last year, and recently revised by Sir William Thomson, LL.D., F.R.S., and Fleeming Jenkin, Esq., F.R.S., C.E.

As a practical guarantee for care in the manufacture and laying of the cables, the Directors have stipulated that the contractors shall take, by themselves and their connections, shares to the amount of one-third of the capital.

A working agreement has been made between the Great Northern Telegraph Company and this Company, which secures to the latter the traffic from Denmark, Norway, Sweden, Russia, China, and Japan, passing over the lines of the Great Northern Telegraph Company, and intended for America.

It has further been arranged with the Great Northern Telegraph Company that, when that Company establishes its projected North Atlantic line, a joint purse agreement on an equitable basis will be made with this Company with reference to the North American traffic, which arrangement will give this Company the important advantage of a duplicate route between England and America.

The sinallness of the capital required by this Company, compared with that of other Atlantic Cable Companies, will enable this Company to establish a lower tariff, and thus not only to open telegraphic communica tion with America and the West Indies to a large class of the community who have hitherto been debarred from it by existing tariffs, but at the same time to increase the number of messages from those who have hitherto sent them sparingly.

It is intended to reduce the charge for the transmission of ordinary messages between England and America to one-half the present rate, or £1 for every ten words, and to adopt a similar system for messages to the West Indies.

In addition to the important share of the New York and North American traffic which will by this means and otherwise accrue to this Company, a large revenue is expected from the West Indian Islands and places which are already, or will shortly be, in telegraphic com. munication with the same, a traffic which will only be fully developed when this direct line has been established. The Island of Bermuda, as an important shipping station will also yield traffic of some value.

It is therefore estimated, even taking into consideration the tariff reduction referred to above, and after making a liberal allowance for working expenses and reserve fund, that a large profit will be realised.

[blocks in formation]

TO THE GREAT WESTERN TELEGRAPH COMPANY (LIMITED). Having paid to your credit at your bankers, Messrs. Smith, Payne, and Smiths, the sum of pounds, being £2 per share on shares of £20 each, of the Great Western Telegraph Company (Limited), I request you to allot me that number of shares; and I hereby agree to accept the same or any smaller number that may be allotted to me, and to pay the balance due thereon, according to the terms of the Prospectus and Articles of Association.

[blocks in formation]

This form of Application, filled up and signed, may be addressed with deposit to the Secretary of the Company, 103, Cannon-street; or to the bankers.

THE GREAT WESTERN TELEGRAPH COMPANY (LIMITED).

No.

BANKERS' RECEIPT.

(To be signed by Bankers and retained by Applicant.)

Received of

the sum of per share upon an application for Telegraph Company (Limited).

£:

:

[blocks in formation]

For Messrs. SMITH, PAYNE, and SMITH.

EQUITY AND LAW LIFE ASSURANCE

SOCIETY,

18, LINCOLN'S-INN-FIELDS, LONDON, W.C.

[blocks in formation]

CHAIRMAN-GEORGE LAKE RUSSELL, Esq., Judge of the Bloomsbury County Court.
DEPUTY-CHAIRMAN-JOHN MOXON CLABON, Esq. (Fearon, Clabon, and Fearon), 21, Great George-street.

JOHN EDWARD ARMSTRONG, Esq., Middle Temple.
HENRY WILLIAM BIRCH, Esq. (Birch, Ingram, Harrison & Co.), 68,
Lincoln's-inn-fields.

HENRY FOX BRISTOWE, Esq., Q.C., Middle Temple.

R. J. P. BROUGHTON, Esq. (White, Broughton & White), 12, Great Marlborough-street.

The Hon. Mr. BARON CLEASBY.

The Hon. GEORGE DENMAN, Q.C., M.P., Lincoln's-inn.

SIMON DUNNING, Esq. (Burder and Dunning), 27, Parliament-street.
WILLIAM HILLIARD DUNSTER, Esq., 3, Henrietta-street, Cavendish-

square.

CHARLES J. DIMOND, Esq. (Simpson & Dimond), 10, Henrietta-street,
Cavendish-square.

WILLIAM E. HILLIARD, Esq., Gray's-inn.

N. HOLLINGSWORTH, Esq. (Hollingsworth, Tyerman & Green), 4, East
India-avenue, Leadenhall-street.

THOMAS HUGHES, Esq., Q.C., M.P., Inner Temple.

JOHN ILIFFE Esq. (Iliffe, Russell, and Iliffe), 2, Bedford-row.
THOMAS GLOVER KENSIT, Esq., Clerk to Skinners' Company,
Dowgate hill.

EDMUND F. MOORE, Esq., Q.C., Middle Temple.

WILLIAM BENFORD NELSON, Esq. (Park and W. B. Nelson), 11,
Essex-street, Strand.

FREDERICK PEAKE, Esq. (Bowker, Peake, and Bird), 6, Bedford-row.
The Right Hon. SIR ROBERT J. PHILLIMORE, Judge of the Arches
Court.

W. B. S. RACKHAM, Esq., 46, Lincoln's inn-fields.

GEORGE ROBINS, Esq. (Warry, Robins, and Burges), 70, Lincoln's-innfields.

ALFRED H. SHADWELL, Esq., Taxing-master in Chancery.

HORACE WILLIAM SMITH, Esq., M.A. (Fladgate, Clarke, Smith, and
Forster), 40, Craven-street, Strand.

RICHARD SMITH, Esq. (Richard and W. B. Smith), 7, New-square,

Lincoln's-inn.

[blocks in formation]

NINETY PER CENT. OF THE TOTAL PROFITS DIVIDED AMONG THE ASSURED.

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][ocr errors][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]

Printed and published by HORACE Cox, at 10, Wellington-street, Strand, London, W.C., in the County of Middlesex.-Saturday, April 13, 2012.

F

s. d.

575,959 1 0

13,512 8 6

18,365 12 6

7,242 9 2

11,233 7 8

2,760 12 6

18,000 0 0

118,940 18 6

Outstanding Premiums.

Interest.

Cash at London and Westminster Bank on Deposit...

56,453 0 2

26,036 11 8

7,328 12 2

3,509 9 4

Current Account 7,447 17 0

£16,000 0 0

23,447 17 0

« EelmineJätka »