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Prospectus.

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PROVISIONAL PROSPECTUS.

THE LONSDALE HEMATITE

SMELTING COMPANY,

WHITEHAVEN, CUMBERLAND,

Will be Incorporated under the Companies Acts,

1862 to 1893.

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SHARE CAPITAL ... ... ... £25,000.

Divided into 2,500 Shares of £10 each.

DEBENTURES---300 five per cent. Debentures

of £50 each, £15,000.

PAYABLE AS FOLLOWS: ---

Shares. Debentures.

£ s. d. £ s. d.

On Application 1 0 0 5 0 0

On Allotment 2 0 0 10 0 0

And the balance as may be required at intervals of not

less than two months ; or the whole amount may be

paid up on Allotment, entitling the holder to interest

at 5 per cent. per annum upon the amount paid up in

advance.

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The Debentures will be secured upon the whole of the

Company's undertakings and assets, and will be issued

in Bonds of £50 each or multiples thereof, and will be

redeemable at the option of the Company on giving 6

months' notice after the 1st January, 1900.

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DIRECTORS :

THOMAS BARLOW-MASSICKS, J.P., The Oaks, Millom,

Ironmaster, Chairman and Managing Director.

THE HON. HUBERT V. DUNCOMBE. M.P., Duncombe Park,

Yorkshire, and 19 Belgrave Square, London. S.W.

JOHN PATTINSON, J.P., Greenbank, Whitehaven, Mayor

of Whitehaven, and Director of the Cockermouth,

Keswick, and Penrith Railway.

With power to add two Directors,

BANKERS:

THE WHITEHAVEN JOINT STOCK BANKING

COMPANY, LIMITED, Whitehaven.

SOLICITORS:

MESSRS. BROCKBANK, HELDER & CO.,

Whitehaven.

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~to be continued~