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P91 J ¦ - . ^r-r^-r-;^, ": ^ : ¦' y'Z'y-...
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~^ VOh. X. No. 463.] SATURDAY, FEBRUARY5...
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LONDON AND COUNTY BANKING COMPANY-
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for Accidents bo had at tho , vilwnvStat...
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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Transcript
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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.
P91 J ¦ - . ^R-R^-R-;^, ": ^ : ¦' Y'Z'Y-...
P 91 J ¦ - . ^ r-r ^ -r- ;^ , " ^ ¦ ' y'Z'y- _ " >? ' ¦ i - - ' - ^ '~ "¦ ' ¦^'¦'¦ ' \> 7 > * " ^ ^ : X - ¦ •• . ¦ : ' > ¦ '' - ¦ — ^ . - ¦ ¦ ¦ -- , 'v ; - ¦¦¦; - .:- ;¦ ; ¦ . - , ,, /; : ¦ 1 ^¦ ^ ¦ ¦ .. . ¦ ¦¦ ; . ; ¦ ' ¦ . ^ C ^ ^ ^ ^ ^ " ^ ^ " ^ ' ¦¦ ¦ (^^ ~ O ^^^^ W ^^ ' ^ -V ' ? A POLITICAL , LITERARY , AND COMMERCIAL WEEKLY EWSPAPER , RECORD OF JOINT STOCK COMPANIES , BANKS , RAILWAYS , MINES SHIPPING , & c
~^ Voh. X. No. 463.] Saturday, February5...
~^ VOh . X . No . 463 . ] SATURDAY , FEBRUARY 5 , 1859 . Price ^ SS ^^ SSSSS * °
London And County Banking Company-
"' LONDON AND COUNTY BANKING COMPANY .
Ad00112
Head Office , 21 , Lombard-street . T > IBECTOH 3 . Philip Patton Blyth , Esq . Jos . Christopher Ewart , Esq . l'liomas Tyringham Bernard , ^ . M . F . . Esq ., M . P- William Champion Jones John ' William Burmester , Esq . Esq . John Henry Lance , Esq . "William Cory , Esq . William Lee . Esq . . James Andrew Durham , Esq . William TSicol , Esq . James Laming . Esq . Richard . Springctt , Esq . Genekai , Manacer .-William M'Kewan , Esq . At the HALF-YEARLY MEETING of Proprietors helc on Thursday , the . 3 rd of February , JSS' j , at the I-ondoi Tavern , Bisiiopsgate-street , the following Report for the year ending the 31 st . of December , 1 ^ 53 , was read by tin secretary . . ¦ WILLIAM CHAMPION JONES , Esq ., in the Chair . REPORT . The Directors have the- 'pleasure to lay before the Proprietors a _ statement > of the affairs of the Bank for the halfyear ending the 31 st of December , 185 S . . It will appear from the balance-sheet , duly audited , that the net profit of tho Bank for the last half-year , after de ducting all expenses , income-tax , and rebate , and making simple provision for bad and doubtful debts ; amounts tc KI . 165 ? . i 7 s . lid ., including the balance of 4030 / . 6 s . Od brought forward from tho 30 th of June . ' ; ¦ The Directors recommend that a dividend be now declnredofO percent , for the half-year , free of income-tax which with 5 per cent , paid for the six months ending the iiOtli of June , will bo 11 per cent , for the past year , and leave i balance of 11651 . 17 s . and lid . to be carried forward to profit and loss new account . . The Members of the Board retiring by rotation arc-William Nicol . Esq ., James Laming , Esq ., and Tl T . Bernard , Esq ., M . Pi , ill of whom are eligible for re-election , and offer themselves vccordingly . \ . ' Balance-sheet ot ? tite London and County Banking C 6 MVAN 1 ' , Dec . 31 , 1 S 58 . Dr . To capital paid up .. £ 500 , noo 0 0 To reserved fund .. 105 , 000 0 0 To amount duo by tho Bank for customers ' balances , &« . .. 4 . 20 M 20 1 * 0 To ' profit and loss balanco brought from last account . j £ 4 , 0 !» 0 CO Ditto robato , ditto .. 0 , 113 10 To gross profit for the halfyear , after making provision forbad and doubtfuldobtfl S 8 ' 579 7 B _ j » ww i * ii £ 4 , 906 , 881 9 8 Cr . . By cash on hand at head oOlce , and branches .. £ 493 , 141 17 10 By cash placed at call and nt Bhort notice 95 » , 105 2 9 —r-jei , 452 , 300 0 7 Investments , viz . : — By Government and guaranteed stocks .. .. £ 389 , 807 1 $ 1 By other stocks and securities 220 , 707 fi 11 : 018 , 005 4 0 By discounted bills , notes , and temporary advnncos to oustomora in town and country . 2 , 491 , 035 0 4 By advances to customers on special securities .. 283 , 0 U * » g > m > 37 (| w 7 By freehold promises \ n Lombard-stroot and Nlo ' . iolaa-lanoj freehold and leasehold property at tho branches , with lUturea and fittings .. .. ,. .. .. nt ) , 708 1 » By liitorost pivld to oustomors .. .. 20 , 006 13 Q Xiy salarios and all other oxponaos at head offloo and branches , Including Incoiuo-tax -ILOTO o 3 rft . OOO , B 8 t U « _ 1 ' JROB'IT ANU LOSS ACCOUNT . _ , Dr . To intprosfc paid to customers . £ 20 , 008 13 o So oxnonBOB , aa above 11 , 070 0 a l ' o rebate on bills « ot duo , cftrrlod to prdlit m » n * loss on now ftooount 4 , 8 * 7 3 0 To aWldona of 0 por oonti . for tho lialf-yoar .. < 30 , 000 0 0 ao nainHoo carried forward to proflt nnd loss nowRocount ,., , „ „ . 1 , 100 17 11 " xwi 7 M " l * Tl
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Cr . '¦' . '¦ By balance brouffht forward from last account £ 4 , 030 6 6 By Rross profit for the half-year , aftor making provision for bad and doubtful debts ... 93 , 727 8 o 1 . . £ 97 , 757 14 U "We , the undoi-pipncd .- ' have examined the foregoing balanoc-shoet , and havo found the same to he correct . ( Signed ) HENTRY OVERTQX . ¦ - } ¦ . JOHN WRIGHT , > Auditors . FRKPK . HARRISON . J London and County Bank ,-27 th of January , 1 S 39 . , The foreRoins Reprtrt liaviniz been read by the Secretary the following resolutions were proposed and unanimously , adopted , ^ . .. . ' . 1 . That the Report bo received and adopted , and printed for tho uso of tho shareholders . ' ¦ 2 . That a dividend of « per cent , be declared upon the capital stock of the Company for the hal f-year ending the 31 st of December ; 1855—clear of income-tax—payable on and after Monday , the 14 th of February instant . _ 3 . That the thanks of this Meeting be jriven tothe Board of Directors for the able manner in which they have conducted the affairs of the Company . 4 . That the thanks of the . Meeting be presented t o the Auditors of the Company for the past year . ; 5 . That . Frederick Harrison . Henry Overtoil , and John Wripht , Esquires , be elected Auditors for the current . vear . rt . That the thanks of this Meeting be presented to William ¦ M'Kewan , Esqi . the General Manager , and the ot her officers of the establishment , for the zeal and ability with which they have severally discharged their respective , duties . . ' ' Tho Election of Three Directors having been proceeded with , the following gentlemen were unanimously reelected : — William Nichol , Esq ., James Laming , Esq ., and T . T . Bernard , Esq ., M . P . ( Signed ) WILLIAM CHAMPION , Chairman . The chairman having quitted the chair , it was resolved and carried unanimously— . That tho cordial thanks of this meeting be presented to William Champion Jones , Esq ., for his able and courteous conduct in the chair . ( Signed ) J . C EWART . Extracted from the Minutes ., ( Signed ) R . P . NICHOLS , Secretary .
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LONDON AND COUNTY BANKING COMPANY . Notice is horoby given , that a DIVIDEND of Sis per cout ., for the half-year ending 31 st Dooembor 1 S 59 . on the Capital Stock of Iho Company , will bo paid to tho Proprietors , either at the Head Olllce , 21 , LoiubardTStrcot , or at any of tho Company ' s Branch Banks , on aud after Mou * day , 14 th February instant . J 5 y order of tho Board , W . M'KEWAN , General Manager . 21 , Lombard-street , 3 rd February , 1859 .
Ad00107
BRITON LIFE ASSOCIATION . Chief Oftlces , 62 , Moorgato-stroot , London , B . C . ¦ Tho Policies issuod by this Association become payable ( luring tho Assurer's Hfrtim ' v without extra premium . ANNUITJNS and ENDOWMENTS granted , and ovory description of Life Assurance effected . New Business for the Year ending Nov ., 1858 . ~ No . of Amount Policies Amount Annual Pre-PropoaalH . | Proposed . Iaaui'il . Assured , nilumsthoroon . 1070 £ 305 , 815 1342 JC 202 , 810 ^ 8 , 328 Ms . 8 d . Detailed ProNpootuHos , Annual Reports , and ovory Information may bo had on application . JOHN MESSENT , SooroUry . Agents are roqnlrod in Unropvesontod Districts .
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LOANS AND INVESTMENTS . WELLINGTON LOAN & INVESTMENT ASSOCIATION ( lyhultod ) , S , Cliatliam-plnoo , BlaoHfrlara , London . Deposits rocolvod at 0 por cent , Interest , payable halfyearly . Loans prantod ut modorato iuvUh Partloulftrs of CHARLES > V . ROE , Soorotary , K . B . ABPiits required in town and country .
Ad00104
£ Established 1841 . J MEDICAL , INVALID , AND GENERAL LIFE ASSURANCE SOCIETY , 25 , PALL MALL ,, LONDON . Empowered by Special Act of Parliament . « the SEVENTEENTH ANNUAL MEETING , heldL on the 25 th November , 1 S 5 S , it was shown that on the 30 th June last— ¦ ¦ .- ¦ - .... . The Number of Policies in force was-........ . feOSJ * The Amount Insured was 2 , 551 , 1367 . 6 s . 6 d . The Annual Income was nearly ¦ - • • . 120 , 0004 . The new policies issued during the last 5 years are a 3 " ° 5411 ^ Policies for 2 . 599 . 65 S ? ., yielding 110 , 624 ? . . in Premiums , showing an average yearly amount of new business of more thaU HALF A MILLION STERLING . The Society has paid claims on 1002 Policies , assuring 426 , 044 ? . since its establishment in 1841 . , Assurances are effected at home or abroad on healthy lives at as moderate rates as the most recent data will INDIA . —Officers in the Army and civilians proceeding to India , may insure their lives on the most favourable terms , and every possible facility is afforded for the transaction or business in India . . . ' .. . INVALID LIVES assured on scientifically constructed tables based on extensive data , and a reduction in the premium is made when the causes for an increased rate of premium have ceased . - Policies issued freeof stamp duty , and every charge but * P 1 cvent of death during the days of grace , the risk binding on the Society if premium paid before the days or irrn . ee expire * ¦ Every information may be obtained at the chief office , or on application to ^ g ^ ffl &^ faj a ^^ .
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LAW PROPERTY & LIFE ASSURANCE SOCIETY . 30 , Essex-street , Strand , London . Capital , 250 , 000 ? , DIRECTORS . Ralph T . Brockman , Esq ., Folkestone . Edward Win . Cox , Esq . 36 , Russell-square . George Frederick Vox , Esq .. Bristol . E . B . P . Kclsey .. Esq .. Salisbury , J , Mead , Esq ., 2 , King ' s Bench-walk , Temple . H- Paiill , Esq ., M-P ., 33 , Devonshire-place , Portland-place . EIGHTY PER CENT ., OF THE PROFITS divided among the Assured-At the first division of pronts in May , 1845 , a bonus was declared , varying from Two to Eleven per cent , on the amount assured , and amounting , in many instances , to upwards of Fifty per cent , on the . Premiums paid . At tho Second Division of Profits in 1 S 58 , an EQUAL PRO RATA BONUS was declared . Next division of profits in 1801 . * „? Every description of Life Assurance business transacted . EDWARD S . BARNES , Secretary .
Ad00108
for Accidents ¦ bo had at tho , «vilwnvStationB , [ nsurWagainsV 'TYW : . . r . £ 5 J "; v-r , " * . Bjj ^ oU * y , \ , '; ' , W ¦^ : tavj > - ACCIDENTS ARE OF DAILY OCCURRENCE . Insurance data show that ONE PERSON in ovory FIFTEEN is nioreor lossinjurod by Accident yoavly . An AnnualPaymont of J 68 secures A FIXED ALLOWANCE OF £ 6 PER WEEK IK THE RVKNX OF INJUKY , OR £ iOOO IN CASE OF DEATH , FROM ACCIDENTS OF EVERY DESCRIPTION , By a policy in tho RAILWAY PASSENGERS' ASSURANCE COMPANY , Whloli haa alroady paid lu compensation for Accidents * W £ h of Proposal and Prospeotusos n « W l » o Iind at th 0 , sffiSK » rs ^» by the Jounjeyor ye ^ . ^ ^ ^^ ^^ CAPITAL , ONE MILLION , fa J ¦ ; ;;/ WILLIAM J , VIAN , Sjj « rotftfy , . . ' ttaUwftyPaBBPHKoVB ' AHBiiraiiooOompaiiy . : /¦ . . ¦• . ; - 0 inci 08 , !) . Ol < l Broad ¦ atroot . London , 3 ( 3 . 0 . { jj y-Ky . um-- ¦
For Accidents Bo Had At Tho , Vilwnvstat...
for Accidents bo had at tho , vilwnvStationB , '* [ nsurWagainsV / ..-. ' - 'TYW : . . " \ :: r r . £ 5 J "; v-r , " , . „ ... » , * . Bjj ^ oU * y , \ , '; . .. ; - ' , W ¦^ :, tavj > -7- --y > > " - " AMim ¦•> ... t « y ' ¦ .. ¦ * • lA y' ^' -r- \ " A « [ ixpcl pwQt ^ fl ^> , '>• ' ^ ) huirnnin . > y , Manager , for Accidents l » o Iind at th 0 , s ^» ^ , fa J ¦ ; ;;/ , Sjj « rotftfy , . . ' . : /¦ . . ¦• . ; - . { jj y-Ky . um-- BANW < : >^ r ixpcl p «§ t ^ fl ^> , at Oavl . ¦ ' - . Jg . a ^
Ad00110
, AMim ¦•> ... t « y lA y' ^' -r- [ ixpcl pwQt ^ fl ^> ) huirnnin . > y , Manager , """ DEPOSIT AND DISCOUNT BANW < : >^ r FIVE PJSlt CENT , , on sums for ( ixpcl p «§ t ^ fl ^> , or at Hovon ( lays' notloo . or Throe nor Cent , at Oavl . ¦ ' - The RiBtu Jon . tU Earl of ^ yO ^ . Jg . a ^ Onifoe , d , O » nnpn »» lirfi « li Wwe * , !?•¦
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Citation
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Leader (1850-1860), Feb. 5, 1859, page 1, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/cld_05021859/page/1/
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