On this page
- Departments (1)
- Adverts (4)
-
Text (5)
-
¦ i ^aiPBig j^ i K^ Lajag^awaajitaiaai^f...
-
A POLITICAL, LITERARY, COMMERCIAL AND FA...
-
~ VQL.X. No. 487.] SATURDAY, JULY 23, 18...
-
SEVENTH REPORT
-
rf^^ " Viiy^ ) ¦;; Rivflntffor^' ty 1' r...
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.
-
-
Transcript
-
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.
¦ I ^Aipbig J^ I K^ Lajag^Awaajitaiaai^F...
¦ i ^ aiPBig j ^ i K ^ Lajag ^ awaajitaiaai ^ ftSB ^^^^ ' ¦ "¦ *¦ ¦¦/¦ - ¦ ¦ ¦¦ ¦ •'• ¦¦'¦¦ ^ s ¦ - ¦;¦ '¦ ¦¦¦ ¦'¦ . &¦ ¦ ¦¦ ¦ ¦ ¦' - ' / * r ""'¦ > -S' ^ ;¦ . ¦¦¦ ¦¦¦• ¦ ¦¦ ' ¦ ¦ ' ¦ ¦ ¦ ^ a ^^^ S ^! f 8 ?^^^ 5 ^^ . f ^ ' /'' - - : £ A "' ' ; . . ' ¦ . ; .- , 27 ' ' . ' -- ¦ ¦ ¦• / % * - J ^/ r / ¦ .. ' / S ) S & ^ 7 ^ * I ^ f f " ¦¦¦ ¦ '" ' ^ ifiPa / ¦'¦ ' : £ WL H [/ l § d ^*^^ W ^/^ . ^ / 0 C ^/ z ^ f ^^^ J ^ -J S -- ^ ^^ ^ Jke & ir . er .
A Political, Literary, Commercial And Fa...
A POLITICAL , LITERARY , COMMERCIAL AND FAMILY WUKU NEWSPAPER , ' ¦¦ ¦ ¦ . ' AND . .. ¦¦¦¦ ¦ . . RECORD OF JOINT STOCK COMPANIES , BANKS ; RAILWAYS , MIKES , SHIPPING , & c
~ Vql.X. No. 487.] Saturday, July 23, 18...
~ VQL . X . No . 487 . ] SATURDAY , JULY 23 , 1859 . Pbice jgg ^^ : ; S ^ f ™ .
Seventh Report
SEVENTH REPORT
Ad00104
THE CITY BANK , LONDON . AT a GENERAL MEETING of the Shareholders , held at the London Tavern , on Tuesday , 19 th July , 1859— ¦ . . : ' ¦ ; ' .. ¦ ¦¦ Alderman Sir Robert Walter Careen , Chairman . Peter BEUvEsq ., Deputy Chairman . DIRECTORS . . .-Peter ¦ Bell , Esq . John Lidgrett , Esq . Sir Robert W . Oarden , 3 I . P . Andrew Lawrie , Esq . Henry "Vigurs East , Esq . Robert Lloyd , Esq . ¦ William Gardner , Esq . William Afaenaughtan , Esq . John Hackblock , Esq . Jonathan . Thorp , Esq . John Jones , Esq .. John "Vaoner , Esq . The Manag-er—A . J . White , Esq . Solicitors—Messrs . Pearce , Phillips , Winckworth , & Pearce . The following' report was presented - , — The Directors have amain the pleasure of meeting the Shareholders of the Bank to place before tbem the annexed abstracts of *• Liabilities and Assets " and "Profit and Loss " Accounts ; on reference to which it will be seen that notwithstanding the lpw Rate of Discount which has prevailed during- the whole of the past half year , they are enabled—after paying current expenses , writing 6 ff the usual sum from the building- account , making- ample allowance for bad and doubtful debts , and for rebate on bills 'discounted not yet due- ^ -to declare the usual Dividend at and after the rate of 5 per cent , per annum , and to pay in addition a Bonus of 15 s . per Share , both free Of Income Tax . After appropriating 23 , S 57 l . 4 a . lOd . for the above purposes there will remain a surplus of 5 , 063 / . 2 s ., of which the Directors have determined to transier 3 , 000 / . to the " Reserved Fund" ( by which that fund will be increased to 33 . 00 W . ) , and to carry forward 2 , 003 / . 2 s . to the credit of the new profit and loss account . ' The three Directors who go out of office by rotation are , on this occasion , Mr . Peter Bell , | Mr . William Gardner , Mr . Robert Lloyd , all of whom are candidates for re-election-The Dividend and llonus ( free of Income Tax ) will be payable on and after the 20 th instant . After the Register of Shareholders and Register of Transfers had been authenticated , by impressing thereupon the Corporate ; Seal of the Bank , tho Secretary road the Report and Accounts , and It wau resolved , unanimously , that tho Report now read be received and adopted . Whereupon u Dividend was declared , for tho period ending the 00 th June last , at and after tho rate of HI . per con t . per annum , and a Bonus of 15 s . per share , both free of Income Tax . Tho following Directors hnvliig retiredj ( by rotation ) , wore unanimously re-elected , viz . ;—Mr . 1 ' otor Bell , | Mr . William Gardner , Mr . llobort Lloyd , RoBoIved , unanimously—That tlio best thanks of thin mooting- are duo and aro hereby given to tho Directors for their grant attention to our intercuts . Thnt our thanks bo cordially awardedjto the Manager for the successful manner in which ho Una discharged his duties , That Hie thanks of the mooting bo hereby given to Mr , William Aiming and Mr . Owon Le ' wlH . tho Auditors , for tho able Horvlooa which thoy hiwu rendered . Tlio prosont Auditors wore then ro-elcotod for tho onaulng year , ana tholr remuneration for that period fixud as before . ( Signed ) ROJlEltT WALTBK CARD 1 SN , Extracted from tho Mlnutou , Chairmnu . C ' oopkh J . Worth , Secretary .
Ad00105
THE CITY HANK , LONDON . LIABILITIES AND ASSISTS — 30 rm JUN 10 , 1800 . l ^ R . ' & b . d . 'A ' o Capital paid-up , viz ., 50 / . nor Share on 0 , 000 ttl »» r « B ..... ...,., 300 , 000 0 0 To amount of ltosorvert Fund , 30 , 000 0 0 To amount duo by tho Uaiik 1 , 880 , 033 fl 8 ao ttrollt nnd Loan , for tho Balnnoo of that Account , viz , s—Surplus FroJlt brought foro . wnrd from lnst half yoav .. .-60 , 082 10 11 Slnoo ftd < lo 4 & J 637 0 11 , 80 , 520 0 10 JS 3 , S * Of OW « 0
Ad00107
P- & s . d . By Exchequer Bills and East India Bonds 213 , 256 4 4 By other Securities , including Bills dis- Rrtft 4 O , countedandXoanB ..... i-v .. .......... 1 . «> '™* | \ By Building , Furniture , and Fixtures .... 28 . 9 SW 7 1 By Cash inWd , at Bank of England , and i 43 j 402 2 9 '¦ ¦ £ 2 , 246 , 052 12 6 PROFIT AKD-1 OSS ACCOinNT OF THE CITY BANK , FOR -THE HALF YEAR ENDING . 30 th JUSTE , 18 a 9 . Dk £ s . d . To Current Expenses , including Salaries , Rent , Stationery , Directors' . Remuneration , Proportion of Building Expenses , Allowance for bad and doubtful Debts , Income Tax , & c ... ............. i .- 9 tnj * * To amount carried to Profit . and Loss , New Account , being Rebate on . Bills dis- - . counted , not yet due ......-....- • ^ - ' * , J * u - To amount transferred to Reserved Fund in addition to the 30 , 0 ^ . al ready at the Credit of that Account 3 , 000 0 0 To Dividend Account for the payment of a Dividend at the rate of 51 . per centum per annum upon 300 , 000 ^ ., alnount of paid-up capital upon 6 , 000 shares ....... 7 , 500 0 0 To Bonus oflos . per share on 5 , 000 shares 4 , 500 0 0 To undivided Profit transferred to Profit and Loss New Account .... 2 , 663 2 0 £ 29 , 520 6 10 CB . & B - d ' By Balance brought down , viz .: — - Surplus Profit brought forward from last half year .. £ 6 , 082 10 11 Since added .... jf ^?_ £ _ H 20 > 520 0 10 £ 20 , fi 2 Q 0 10 We have examined , and do approve , the above accounts . W- ANNJNG , > Auditors . OWEN LEWIS , > AHUiwra . London , 12 th July , 1850 . THE CITY BANK , CORNER OF FINCH LANE , THREADNEEDLE STREET , LONDON . Incorporated by Royal Charter , 1855 . SUBSCRIBED CAPITAL ^ SJX'JSS PAID-UP CAPITAL ^ I ^ 'PJS RESERVED FUND .,... £ 33 , 000 CURRENT ACCOUNTS are made up to the 30 th of June and tho 31 st of December , in each year ; and if the credit balanco shall not , at any time during tho half year , have been below 500 J ., Interest at the rate of 2 nor cent , per annum is allowed on the minimum monthly balances . If not bolow 20 W ., Interost at thernto of 1 percent , per annum is allowed on tho minimum » ioNrm-y balances ; but if under 200 / ., no interest is allowed . DEPOSIT ACCOUNTS . —Money is received from the public generally , and interest allowed thereon nt thocurront rate ofihp day—tho Bank notifying any change in tho rate of interest by advertisement in ono or more of the leading London newspapers . Tho Agenoy of Country and Foreign Banks , whothor Joint Stock or Private , is undertaken by thp Bank . Letters of Credit , pay able at any of tho Chief Commercial Towns and Citioa oftho World , nro'granted . Circular Note * arc issued by tlio Bank , addrosuod to all , and payable i \ t any , of tho plnces on tho Continent whore tho Bank has an agent . Dlvidonds , & c , on Government nnd othor Stocks , Annuities , Pensions , & c , ore rocelve < l for Customers of tho Bank without oh « rgo \ and ovory description of Banking business is transacted . London , lOtlx July , 18 ( K > ,
Ad00106
f N D I A . —OFJFICEKS in tho ARMY and JL CIVILIANS PROCEEDING TO INDIA , may Insure tholr lives ou moat favourable terras lu tho MEDICAL , INVALID AND CrBNERAL JJVti ASSURANCE SOCIETY . Tho rates of this Company , whloli transacts tho business of tho Delhi , Slniln , North West « n < l other Indian linuks , arc lower than those of nny other office , whllo tho Agencies at Calcutta , Madras , Bombay , Coy Ion , nnd ftboutJWty W " country stations In India , afford overy possible fuoility tor tho transaction of business . I ' rosnootusoH , Forms of Proposals , and ovory other information '; may bo obtained or the Secretary , at the Ohio ! Omoe , « 6 , MM » U . DQua ^ BINQKB | s < JflrotBry .
Ad00109
T rf ^^ Viiy ^ ) ¦;; Rivflntffor ^' ty ' ryX ^ r S L ' ) vidr ci w s i l i i THE RENT GUABANTEE SOCIETT , 3 , CHARLOTTE ROW , MANSION HQUSK , LONDON . FORTr-FOUBTH REPORT OF THE L 0 N D ON J 01 NT - S TO CK B A NL AT a GENERAL MEETING of the Shareholders held at the Banking-house of the Company , in I ' rineesstreet , ' 3 Iansion-house , on Thursday , the 21 st of July , 135 : > . George Tatleh , Esq ., Chairman . . DONALD Lahnach , Esq ., Deputy-Chairman . DIRECTORS . William Bird , Esq . Donald L ' nrnaeh , Esq . WUUam Blount , Esq . Henry Lee , Esq . . . Aid . Sir Oeorge Carroll . John Gcorire > I : ielean ^ h . sq : Henry Christy , Esq . Sir John M'T : i » g : irt , Bart . Aid . Sir James Duke , Bart ., Philip William-Flower , i ^ q . M . P . ¦ ' " George Meek , Esq . Francis BennettGoldr » ey , Esq Ambrose Moore , Esq . William Ormsby Gore , Esq . John Timothy Oxley , hsii . Charles James Heath , Esq . John Joseph Silvn , Esq . William J . Lancaster , Esq . George Taylor , Esq . The BIanageh—George Pollard , Esq . ' Soi-icitobs ^—^ Messrs . Clarke and iloriee . The following Report was presented : The annexed statement which the Directors haw Uv place before the shareholders will show them the position of the Bank on the 30 th June last , and it will be scon that . the amount of net profit realised during the previous six months is £ 32 , 737 Ms . 7 d ., which , with £ 4 , 7 ti £ 0 s . nd . withdrawn from the guarantee fund , enables the . Director * to declare the usqal dividend at the rate ofl 2 A percent , pet- ' annum . S « It will be satisfactory to the Shareholders to learn that the necessity of having recourse to the guarantee fund arises solely from the re-valuation of tlie funded nnd other available securities of the Bank at the depreciated prices of the 30 th ultimo , as compared with tho rates current o : i tho 31 st December , and not from any falling off in ordinary profltB . . The guarantee fund , after the above deduction , amounts . to ' £ 201 , 147 lOs . 2 d . The dividend , free of income tax , will bo payable on and after Friday , the 29 th instant . Thopreoeding Report having been road to the meeting bjthe Secretary , a dividend for the half-year ending 20 th June .- . last , after the rate of 12 J per centum per annum , whs declared by the Chairman . Resolved unanimously , — 'Thnt the Report now rend bereceived , and that it be printed for tbo use of the Shareholders . Resolved ¦ unanimously , —That tho boat thanks of thin meeting-be presented to the Board of Directors for tholr able management of the affairs of tho Bnuk , with thu assurance of tho continued confidence of the Shareholders . Resolved unanlmously . —Thnt tho cordial"tJinnks of t ! n > meeting bo also presented to Mr . l'olliml for hla ivblw services to tho Bank . , , ( Siffucd ) GEORGE TAVLMIt , Chnirmap . Extracted from tho minutes . A . G . KENNEDY ,. Sccrotary . LIABILITIES'AND ASSETS , THURSDAY , JLNK 3 D , 1 SJ . » . THE LONDON JOINT STOCK BANK . Dn . X > a . < ' - To capital paid up , viz ., 00 , 000 shares at £ 10 oach ' " l , ] , % \ , To amount duo by tho Bunk ,. ^ , 7 . ' - ' ,- 'l- ' 10 I " To amount of "Tho Guarantoo IHmd , " 31 at Docemborl 8 O 8 * . » £ 20 : i , 807 1 To six months' interest on ditto , lit ; fi 3 por oout . per n _ a »»« n » 3 - 01 ! t ° _ JT ao . yno * 7 To amount carriod to pro / 11 and lorn ' M < ? sn 17 7 / TIo / H ) I , »' ¦ •() 19 0 By ! Bxolieauor 1 ) 1119 , India UoiuIh and WbontiiroB and Govornmont stock ..... l , < H 7 , n » 9 10 7 Byoash , cans , bills dlsoowntotl , and othor scowrlllvs ;;¦•¦" . O . W 0 . M 0 « « BybuinH ) ig , nirnlturo , & o ., in I ' r noos-stroot . ¦•••••• « 3 >> iH * ° ° »^* r :. ? . * jvmj ^ rfij . " ? 5 r \ v MP i ¦'/ M ' Riffin ^ M ' ^ v ^ f nV ^ r S L ' ) v % r C-4 ^
Rf^^ " Viiy^ ) ¦;; Rivflntffor^' Ty 1' R...
rf ^^ " Viiy ^ ) ¦;; Rivflntffor ^' ty ' ryX ^ r S S LL '' ) vidr ci C w s i l i i ^ rfij . ? 5 r \ v MP i ¦'/ M ' Riffin ^ M ' ^ v ^ f nV ^ r ) v % r -4 ^
-
-
Citation
-
Leader (1850-1860), July 23, 1859, page 1, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/cld_23071859/page/1/
-