THE NATIONAL COMPANY FOR BOAT BUILDING BY MACHINERY PROSPECTUS

THE NATIONAL COMPANY FOR
BOAT BUILDING BY MACHINERY.
(LIMITED.)

NOTICE IS HEREBY GIVEN that the Lists of Application for Shares in this Company will be closed on MONDAY, the 15th Instant after which day no further applications will be received.
By Order of the Board
GEORGE GRANT,
Secretary.

“From the arrangements conditionally entered into by the Directors, no doubt is entertained by them that the practical operations of the Company will be commenced without delay. This is deemed desirable owing to the large number of applications already received for Boats of various sizes.

Company’s Offices,
16, Bishopsgate Street Within, E.C
London, 6th July, 1861.

REPORT
CONSTRUCTING BOATS BY MACHINERY.
Invented
BY NATHAN THOMPSON, JR
of NEW Y0RK.
Patents ENGLAND, FRANCE, RUSSIA, BELGIUM, HOLLAND, DENMARK, AUSTRIA, SARDINIA, TURKEY.
New York;
P. TEOW, Shier, 379 BBOADWAY,

THE NATIONAL COMPANY
FOR
BOAT BUILDING BY MACHINERY,
(LIMITED.)

P R 0 S P E C T U S.

THIS COMPANY has been formed for the purpose of purchasing and working the several Patents secured in this country by Mr. NATHAN THOMPSON, Marine Engineer, of New York, for his process of Building Boats by Machinery. Mr. THOMPSON-, after many years of close study and the unremitting application of his mechanical skill, has perfected a system of the most simple and effective character for the, construction of Boats of every size and mould, which must, to a great extent, supersede the present mode of building them by hand labour, every part being prepared -with the greatest accuracy and finish by Machinery.
The Directors of this Company have had afforded to them by the Inventor and Patentee the most ample opportunities for examining and testing in every possible way the efficiency of the Machinery invented by him, and of arriving at what they believe to be a sound •and correct estimate of its commercial value. Mr. THOMPSON has, at considerable outlay, erected in the neighbourhood of London a temporary factory, which has not only been repeatedly visited and examined by the Directors, but likewise by many of the most eminent, experienced, and practical men in the country. These gentlemen, after the most careful examination of the system in all its parts, have individually expressed their high appreciation of the skill and ability displayed in it, and of the great value which must attach to its development and application. To these opinions, contained in the Appendix, (which may be obtained of, or will be for- warded by the Secretary,) the Directors have pleasure in referring, and also in directing the attention of the public to the Report of the United States Naval Commission, as conclusive evidence of the wonderful power and simplicity of manufacturing Boats, in contrast with the present system. It has not been deemed necessary in a Prospectus to give any elaborate or minute explanation of the system under consideration.

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