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'" FBOSFEOTUS OP THE Compagnie Generate des Omnibus de JLondres . CGE NEEAL LONDON OMNIBUS COMPANY . ) Established in Paris , under Acts of the 4 th an £ 17 th Dec ., L 855 as a " SocJdte' en commandite . " by which the liability » f each Shareholder is limited to the amonnt subscribed . CAPITAL . TWENTY-FIVE MILLIONS OF FRANCS—ONE MILLION STERLING , In 260 , 000 Shares of 100 Francs , or £ 4 each . In Two Series ; the first , 20 ^ , 000 shares ( JG 800 . 000 ) . The Second , , 0 , 000 shares ( £ 200 , 000 ) . The first aeries only will be issued it present . Gerants of the Company , MACNAMARA , CARTEBET , WILLING & Co , Managers in london-Mr . JOHN WILSON . 1 Mr . RICHAIipHARTLEY . Mr JOHN BAKBER . | Mr . JOHN TREVETT . Members of the Cotinoil of Surveillance . ROBERT KEATING , Esq ., M . P ., Director of the London and County Bank—London . FJ 3 COMTE i > E LANTIVY—Paris . r AC 0 SSIN , Administrateur de la Compagnie d'Assurance rUrbaine—Paris . 'BEPERJC TOCHE , Banquier—Paris . JDWIN CHADWICK , Esq ., C B . —London . LUGTJST 1 N DTJBOIS , Administrateur des Forges de Montataire—Paris . EARZIOU , Directeur-GeTant de l'Union Maritime—Paris . f . HARRISON , Esq . —London . Bankers . In Pakis . —Messrs . GREENE and Co . „ t ™™™ i THE LONDON AND COUNTY BANK . n London .- £ MessrS- ROBARTS , CURTIS & Co . Solicitors . x Pakts . —Mr . PETIT BERGONZ , Avou < £ au Tribunal de Premiere Instance . In LoNDON .-Messrs . WILKINSON , GURNEY & Co . The ' undoubted advantages produced by the amalgamation if the Omnibuses of Paris , have originated the plan of conentratlng , in one Great Enterprise , the several Associations low 'working the Omnibuses of Lopdon . If in Paris this amalgamation has made the Capital onnected -with it the most productive of any employed in ocomotion , it is destined to produce in London effects of till greater importance . Not only will large savings be effected in the present cost f working tho omnibuses of London by a system -whloh , oing well organised in all its details , and at the same [ me amply supplying tho wants of the public , will enable lie company to withdraw duplicate and in some cases riplioate vehicles running over the same ground at the aine time , but Important improvements , alike advantageous o the public and profitable to phe company , will bo Intro . uced . As regards the Public : — A complete regularity in the ervlce , which will confer all the advantages that in this ospeot Paris possesses over London , combined with speed ; he adoption of a low scale of charges , and tho certainty hat there will be no frequent and suddon changes in their . mount ; the departures and arrivals taking place at preiJbo times , and in accordance with a time bill , which will te published monthly , on the plan of the railway time nbles . As regards the Shareholders-. —The receipts of the London minibuses average £ 2 7 s . a-day each , and the expenses , Inluding wear and tear , about £ 2 la . 6 d . | this gives in tho > rcsent state a nett profit of about £ 100 a-yoar per omnibus Under the improved system of working thia profit would > eyond doubt be considerably increased . The average relelpts of each of tho Paris omnibuses before the amalgamalon . wero about Jfc' 2 8 s . a day ; since the amalgamation their lolly average is £ 2 17 s . cd . In England , horse-keep—tlio most expensive item conicotcd with omnibuses—costs less than In Paris . The Paris Omnibus Company Is liable , whenever the pro-Its reaoh a certain per centago on the capital , to Imvo the tnnual tax to which it Is subjeoted increased by order of toe . Government . No suoh power exists either with tho EEn&llah Government or with the municipality of London , The purchnso of a London omnibus comprises , as In PwrliM the omnibus , its appnrtenance « , n » -well asthegooditIU or " Urnot" of tho oranlbua . -, t . \ .
Untitled Ad
In Paris'the Government compel the running of the omnibuses to be nearly the same at all seasons . In London , on the contrary , the omnibus proprietors can proportion the number of vehicles to the season of the year and the noui of the day , according to the wants of the public only . Hence an advantage in London denied to the Omnibus Company in Paris , which is compelled to run as many vehicles late at night and early in the morning as in the most busy periods of the day , in winter as well as in summer . In Paris the outside fare is only half the inside fare . In London they are the same , and the outside of the omnibus is as much used as the inside . The indicator , as used in the Paris omnibuses , is unknown in London ; its adoption cannot fail to add largely to the receipts of this company . As soon as the present omnibuses are unfit for use , they will be replaced by others , " affording more comfort and better accommodation to passengers . To obtain the foregoing advantages , both for the public and the shareholders of this company , the services of the most experienced and intelligent omnibus proprietors have heen secured , under whose management the business of the Company will be conducted . Contracts have been entered into for the purchase of the greater number of the 810 omnibuses now working in London , and it is expected that arrangements for the remaining portion will be completed at a very early date . The first series of 200 , 000 shares only (^ 6800 , 000 ) will be issued in the first instance . The capital so raised will pay for the 810 omnibuses , the leases of stables , yards , and other property required for the working the omnibuses , as well as for a working and reserve fund ; the latter , amounting to about , ^ 200 , 000 , will give strength and security to the company . The second series of 50 . 0 C 0 shares can only be issued with the sanction of a general meeting of the shareholders of the company , and will be used to increase the business of the company whenever circumstances shall render it necessary . Each shareholder will have the right to this second series of shares at the rate of one for each four of the first series of which he is the possessor . The duration of the company is for 60 years . "With the present imperfect system , of working , each of the London omnibuses gives an average profit estimated at £ 100 per annum , representing upon 810 omnibuses an annual profit of . £ 81 , 000 , which alone would be sufficient to secure a dividend of 10 per cent , upon the jE 8 O 0 , O 0 O first subscribed . Assuming , in London , with the new system , an increase of 5 s . per day ( instead of 8 s . as has been the result of the amalgamation in Paris ) , to each omnibus , the result would be , on the traffic of 810 omnibuses , an annual profit of more than £ 150 ^ 00 , and upon the capital of £ 800 , 000 , would insure a dividend of nearly 20 per cent . The Paris Omnibus Company is now paying at the rate of 15 percent , per annum . It is the intention of the company to publish every week the traffic returns . 98 £ per cent , of the dividend of the company will belong to the shareholders—li only being appropriated to the management . Out of the capital subscribed , a limited number of shares have been reserved for distribution in England , and may now be applied for . Tho applications for shares should be made in the sub - joined form , and must be accompanied with a deposit of £ 1 per share with the bankers of the company , on the numbc r of shares applied for . The remaining . £ 3 per share must b e paid upon allotment , on the number of shares allotted . Form of Application for Shares . To the Gerants of La Compngnie Gdneralo des Omnibus de Londres . ( The General London Omnibus Company . ) Gentlemen , I request you will allot me Shares of £ 4 each in the above Company , and I ongago to take the same , or any less number that may bo allotted to mo . I have paid the Deposit of jGi per share , required by tho Prospectus , to the Bankers of the Company , and I engage to pay the remaining £ 3 upon allotment , on tho number of Shares allotted to mo . Name P » ofcs 8 ion ___ l ___ . Residence Ditto The above Application must bo forwarded to tho LONDON AND COUNTY BANK , with the Dopoalt of £ 1 p * r Share on the number of Shares applied for , against which the Bankers will furnish a receipt N . B—Forma of Application for Shares may be had at the Company ' a Temporary Omooe , No . 47 , Old Broad-street , London . .
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THE WESTMINSTER RE \ A DVERTISEMENTS intended for X 3 L in the January Number ( No . XVII ., N should be sent to the Publisher not later than tt Bills and Prospectuses by the 27 th . Office , 8 , King William-street , Strand
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FRASER'S MAGAZINE for JANUA Price 2 s . 6 d . , will contain . — Friends in Council Abroad . Kate Coventry , a Part II . graphy . Edit Prescott ' s'Philip the Second . Author of " Dig Familiar Epistles from Ire- Part I . land , from Terence Flynn , Professor Owen a Esq , to Dennis Moriarty , enee of Life Esq ., Barrister - at - Law , Last August in London . Second and Browning ' s Men and Women . Part . Six Months in India . Part I . Scotch University London : John W . Passer and Son , West £
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THE NEW QUARTERLY R ] for JANUARY , price 2 s 6 d ., will contain TRATED REVIEW of all the CHRISTMAi in addition to the usual DIGEST of CURRE RATURE . London : Thomas Bos-vtobth , 215 , Regent-s
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hHe national re Price Fire Shillings . No . III . will be Published January is Contents : — I . Edward Gibbon . II . The Spanish Conquest in America . III . The Life and Writings of Dr . Thomas 1 IV . Atheism . V . The State of France . VI . Phoenicia . VII . W . II . Thackeray , Artist and Moralist . VIII . Foreign Policy and the Next Campaign IX . Books of the Quarter . Eobebt Theobald , 26 , Paternoster-rov
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MUDIE'S SELECT LIBRARY . rpHE LONDON CLUB-HOUSES am X TUTIONS are supplied from MUDIE'S LIBRARY with all the principal NEW YVOR 1 appear , on a special plan and terras , full pai which may be obtained on . application . Charles Edward Mopie , 510 , and 511 . New Ox <
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THE IDLER for January , price 6 d ., tain : — Bagot ' s Youth , by James Hannay . Lord Chesterfield . The Mad Painter , by J . C . Jeaffreson . Rochester . Ghosts by Advertisement , by Shirley Brooks Kicks and Halfpence . Cuthbert Bede Elbow Shaking , by W . B . Jerrold . Three Sisters , by W . A . The Noctes . Madly in Love , by E . F . Blanchard . Reviews . Cambridge Essays . Life of Goethe , &c . &c . Summary of the Month . Obituary . London : Robert Haedwicke , 2 G , Duke street , ' .
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NOTICE . MACAULAY'S HISTORY of E £ may be obtained this day at MUDIE' ! LIBRARY by every Subscriber . The following also " at home , " and ready for distribution : —I . of Goethe ; Belcher ' s Last Voyage ; Milman ' s J tianity ; Louth ' s Wanderer in Arabia ; Knche Julia Kavanagh ; The Rivulet , by T . T . Lyncl Pfeifter ' s Second Voyage ; Lilliesleaf , by Mar land ; Memoirs of Jeanne D'Albret ; The Log Millicent ; My First Season ; Kemp's Phases Oliphant's Travels in the Far West ; &c . &c . Single Subscription , One Guinea per Annum Cuaklks Edwamd IVJucie , 510 , New Ox . ford-stre < and 76 , Cross-street , Manchester .
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Now ready , postage free , A LIST of the Principal NEW and BOOKS in circulation at MUDIE'f HBltAIiY . Also , A LIST of SURPLUS COPIES of WORKS withdrawn from circulation , at greatly reduced prices for cash . Cuaiu . e 3 Kdwaiid Modie , 510 , New Oxfor < l-Htr < and /() , Croaa-street , Alauchctttor .
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Just published , Second ICdition , enlarged , pi \ c by podt , TUB NKW MAGAZINK . ANTI-MAUD . By a POE JOX . PEOPLE . " Smart and clover . " — Snectutar . " A very clever parody . "—Umpire . London : Booth , 307 , Itcgent-streel
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MARK YOUR LINEN . —Tho Pen Tho most eti * y , permanent , and bon Marking Linen , 8111 c , Cotton , Coarso TowoIh , U thing else , is with tho PATENT KMiOTI PLATES . Any person oun u » o them with the j Certificate from tho celebrated Dr . Shoriili F . lt . S . K . ;— " Several trlula with Culloton ' a I Platea induce mo to pronounoo them excellent . are distinctly marked , without blotting , iu i colour , and after lonpf boiling , with eltlior po they remain unaltered . —SiiEniDAN Miwiiat ' Chemistry , Liverpool , May ir > , ihm . " Inlti name plate , 2 a . i set of numbers , 2 s . ; creut ]> li post-free to any part of the kingdom ( with tl receipt of stumps , by the inveutor and hoIo CULIiBTON . 2 , Lour Acre ( oxuotly one d Martln ' 8-lttno ) , London . , maajc Yopa i-mjcif .
Untitled Article
1234 THE , jL E A DE IL [ No , 300 , Satui
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Citation
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Leader (1850-1860), Dec. 22, 1855, page 1234, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2120/page/22/
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