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762 THE LEADER. [No. 437, Augtj st 1, 18...
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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.
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762 The Leader. [No. 437, Augtj St 1, 18...
762 THE LEADER . [ No . 437 , Augtj st 1 , 1858 ¦ — ^ —_ _
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a o L o t t I f * f , ? ' * a * s c C . Resolved unanimously , " Tliat the Report now read be received and printed , and ¦ , a copy .- « wilt to each Proprietor . " The chairman announced the dividend would be payable on Monday-lino 9 thinst . Resolved ' -unanimously , " That John Edmund Anderdon , Esq ., bo re-elected a Director of "this Bank . ' 1 " ThatTPhomas Luce , Esq . ) M . P ., lie re-elected a Director ofthisTBank . "TBhat Alfred Wilson , ® 8 q ., "be r & -electaB 'a Director of thte rBank . ' BPhat Robert Porter , Esq ., ho re-elected a Director © f j this " 'Bank . . '' That Henry Aste , Esq ., George Thomson , " 33 sq ., and . Richard Hartley , Esq ., be elected Auditors of this Bank for'the ensuing year . "That'this meeting 'hereby authorises the Directors tb call future ordinary general meetings , at any time between the 1 st day of July and tho 8 th day of August , as they may from time to time appoint . " That the best thanks of this moating are hereby tendered to the . Chair man and Directors for the able manner in which they have conducted the affairs of the Bank during tho past half-year . * " That tho thanks of this meeting be given to tho Manager J and Officers of the Bank . " That the best thanks of the Shareholders are due , ' and . ' arehereby given , to 13 » Mi . ianiin Scott , Esq ., the late Secretary , for the energy he displayed while in the servicoof this Bank , * and that they desire to convey to him their most sincere ¦ congratulations on his appointment as Chamberlain of tho * City of London . " Extracted from the Minutes , C . J-H . ALLEN , Secretary . i Threadneedle-strcet , August 3 rd , 1858 . , n
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BANK OF LONDON . . _—*— . . ¦• ¦ a BOABD OF DIRECTORS . o Chtaiemast . —Sir Jolin Villiers Shelley , Bart ., M . P . Vice-Chaibman . —John Griffith Frith , Esq . ( Frith , Samls , T andCo . ) L John Edmund Anderdon , Thomas Jjuce , Esq ., JO * . o Esq . Henry Jttorris . Esa . Colonel William Elsey . . SBlr 4 fltonry MugBmHttge , - & 1- t Thomas Gooch , Esq . deciaan . John Johnson , Esq . Alfr * a Wilson , Esa . t Charles Joyce , Esq . Manage . —Matthew Marshall , jun ., Esq . I Assista-nt Manager . —W . ' -C . Boore , Esq . f SECRETAlt 5 r .- ( VJ .. H . MLUen , Esq . At the Third Annual General "Meeting of the Shareholders , c held at the London Tavern , Bishopsgate-street , on Tuesday , * the 3 rd of August , 1853 . f The following Reports were rend by the Secretary : — ( , " The Directors , in submitting : the Accounts to the 30 th | ? of June , 1858 , have the satisfaction of reporting that the )' Bank has materially extended its business connection since * the last Meeting of the Proprietors , and that , although commerce has been inactive , yet the operations of the Bank a have been sound and profitable . " It will be seen that the sum of 24 , 6317 . ISs . 2 d . stands to a credit of profit and Loss Account for the past half-year after * payment of Interest to Customers . Out of this-sum ' have I s been defrayed eitrrent expenses at the two Establishments , | c Directors' Remuneration , and Income Tax , which , together C with bad and doubtful debts , amounts to 997-1 ? . 2 s . lid . The Directors have placed to credit of profit and Loss New Account , 22921 . ISs . Id . as rebate of Interest on Bills not maturpd . They now declare a Dividend for the half-year , . upon « 13 paid-up capital of the Bank , at the rate of Si . per - cent , per annum ( free of Income Tax ) . From the balance remaining at disposal , after these appropriations , the Directors have applied 1000 L in reduction of preliminary * expenses , and 200 ? . towards the cost of the Lease of t Premises at the Charing-cross Branch . They have also ' added the sum of 38207 . 8 s . 2 d . to the Reserve or Guarantee < Fund , which now amounts to 8000 ? ., and the Balance , viz ., i 344 ? . 14 s ., they carry forward to Profit and Loss New Account . ¦ -.- .. 1 BANK OP LONDON . Liabilities and Assets . June 30 th , 1858-Dr . £ , s . a . To Capital paid up ...... 300 , 000 0 0 „ Reserve Fnnd ........... 45 S 7 16 8 „ Half-year ' s Interest , at 4 ? . per cent .............. oils 2 4 , 6 ( 9-11 10 „ Amount due by the Bank on Current , Deposits * and other Accounts .......... 1 , 059 , 332 0 8 „ Amount carried to Credit of " Profit and Iioss" Account ........ 33 , 305 16 10 Less amount paid to customers for interest on their balances 8 , 76318 1 . ¦¦¦ ¦'¦ : — 2-J . C 31 18 2 . £ l , 3 S 8 , 6 G 3 10 8 Cr . - ¦ ¦ . . : " ' By investments , viz .: — In Government Securities £ 107 , 867 7 7 „ Other Securities 77 , 964 7 6 - „ -, ' ¦ 185 , 36115 0 By Freehold Premises in Threadneedlestreet ...... 75 , 000 0 0 ,, Bills Discounted , Loans , & o 976 , 733 1110 .. Cashinhand , 142 , 334 9 8 „ Preliminary Expenses 6 , 617 5 5 „ Lease , aim Buildings at Charing-cross Branch , Furniture , & o 2 , 614 8 9 JEl , 388 , 6 ft 3 10 8 Profit and Loss Account , Foi the Half Year ending 30 th June , 1858 . jS s . d . To Half a Tear's Current Expenses at Head Office and Charing-cross Branch . Bad and Doubtful Dobts , Income Tax , Directors' Remuneration , & c - 9 , 974 2 11 „ Rebate of Interest on Bills Discounted , not yet due , carried to Proflt and Loss , New Account .. 2 , 282 13 1 „ Amount written off-Preliminary Expenses Account ... . £ 1000 Ditto ditto Charing-crosa Lease and Buildings , & o 200 „ Dividend at the rate of 57 . ' per cent , per annum , for the half year ending Juno 30 tb , 185 S 7 , 500 0 0 » Amount carried to Credit of Rcsorvo T ? und 3 , 320 8 2 „ Balance carried to Profit and Loss New . Account , 344 14 o By Balanco of Profit brought ' from last half year 8 W 17 a „ Ditto for current half year .. 23 , 820 1 0 £ 24 . 031 18 2 £ 21 . 031 18 2 ( Signed ) Robert Porter , ^ Goorge Thomson , > Auditors . _ , , Henry Asto , ) Examined and approved , July 23 rd , 1838 . Auditors' Report . To tho Proprietors of the Bank of London . In the performance of our duties as your auditors , wo navo made our usual investigation into tho affairs of tho Bank , and having examined tho various accounts and bocumien , wo report thnb wo find thorn correct . Wo havo much ploasuro in adding that during tho paBt year tho Bank has mailo material progress In tho moat important branched of its business , particularly in thoiucroaso of Current Accounts : tho amount on doposlt Account has somowhnt diminished , owing to tho low rate of intercut whioh has prevailed for some months pant . Wo may add that every aid has boon afforded us in our . * nve * tiB & tlon by tlioOffloors of tho Bank . ( Signed ) Robert Porter , •) Ooorgo Thomson , {¦ Auditors , _ _ Honry Asto , ) Ij ondon , July 23 rd , 1858 . a on of ' ¦ ,
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- * t ' < i 1 BANK OF LOND ON . —Current Accounts are received , and if the balance shall not at any time during the half-year have been below 500 / .. interest at the rate of J two per cent , per annum will be allowed on the minimum monthly balances . If not below 200 / ., interest at the rate 1 of one per cent , per annum will boallowed on tho minimum monthly balances . Money is received from tho public as well as from customers oti deposit , at seven days' notice of withdrawal , at tho market rate of the day . The present rate is 2 ? . per cent , per annum . . : Circular Notes and Letters of Credit issued upon every place of importance in the world . No gratuities to clerks or officers of the Bank . By order , M . MARSHALL , Jmi ., Manager . ThreacUieedle-street , August , 1 S 58 .
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1 THE ROYAL EXCHANGE ASSURANCE . Incorporated A . p . 1720 , by Charter of King George the Pirst ¦ and confirmed by Special Acts of Parliament . Chief Office . Royal Exchange , London ; Branch , 29 , Pall-mall . Tire , Lipe , and Masine Assurances may be effected with this Corporation on advantageous terms . Lifo Assurances are granted with , or without , participation in Proflts ; in the latter case at reduced rates of Premium . Any sum not exceeding 15 , 000 ? . may be assured on tho same Life- ¦ . , The Reversionary Bonus on British Policies has averaged 48 per cent , iipon tho Premiums paid , or very nearly 2 per cent , per annum upon tho sum assured . The future divisions of Proflt will take place every Tivo Yoavs . The Exponses of Management , being divided between tho different branches , are spread over a larger amount of business than that transacted by any other office . The charge upon each Policy is thereby so much reduced as to account for the magnitude of the Bonus which has been declared , and to afford a . probability that a similar rate will ' be maintained at futuro divisions . This Corporation affords to the Assured a liberal participation in Proflts , with exomntion under Royal Charter from tho liabilities of partnership;—a rato of Bonus equal ¦ to the average returns of Mutual Societies , with the guarantee , not afforded by thorn , of a largo invested Capital-, Stock;—tho advantages of modern practice , with tho security of an Otnco whoso resources have beou tested by tho experience of nearly a Century and a Half . JOHN A . HIGH AM , Actuary and Secretary .
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TMPERI AL LIFE INSURANCE COMPANY A 1 , OLD BROAD STREET , LONDON . Instituted 1820 . DIRECTORS . MARTIN TUCKER SMITH , Esq ., M . P ., Chairman . GEORGE WILLIAM COTTAM , Esq ., Deputy-Chairman . Thomas George Barclay . Esq , George Hibbert , Esq . James C . 0 . Boll , Esq .. Samuel Hibbort , Kaq . James Brand , Esq . Daniel Mildred , Esq . Charles Cave , Esq . Thomas Newman Hunt , Esq . George Honry Cutlor , Esq . Frederick Pnttison , lisa . Henry Davidson , Esq . William R . Robinson , lisa . Gcovko Field , Esq . Newman Binith , Esq . SECURITY , —Tho existing liabilities of tho Company do not exceed 3 , 000 , 000 ? . Tho Investments aro nearly 1 , 000 , 000 ? .. in addition to upwardB of 600 . 000 ? . for which the shareholders nro responsible , and tho income is about 120 , 000 ? . per annum . PROFITS—Four-Fifths , or Eighty por con * , of tho Profits , are assigned to Policies every fifth year . r I'ha next appropriation will bo inndo in 1801 , and portions who now cfloct inauviuiceu will participate ratably . BONUS . —Tho additions to Policies havo been from I ? . 10 s . to 03 * . 10 s . per cont . on tho original Bums insured . . CLAIMS . —Upwards or l . iOO . 000 ? . haa been paid to claimants under policies . Proposals foviiiRurunoos may bo mado at tho chief oftlco , as nbovo ; at tho branch olIWio , 10 , Pull Moll , London j or to any of Uio agents throughout tlio kingdom . SAMUEL ING ALL , Actuary . , , , , , » )
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MONEY TO LEND . —THE LONDON AND mni CO *; r | 1 INB 1 vrTAL ASSURANCE KO 0 IETY lontls mo . Cy , ropayaulo by instalments , upon iiorsonal or other ¦ security , © 7 , Gvaoochuroh-utrcot , E . C . > s r
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¦ , ¦ 1 j S " ' * J ' * ¦ * , ] [ Established 1841 . ] — M EDICAL INVALID AND GENEPAr LIFE OFFICE , 25 , Pali , Mali ,, London AL Empowered by Special Act of Parliament At the SIXTEENTH ANNUAL MEETITsrr i ,, i i November , 1857 , it was shown that on tlwffi " S" ^ The dumber of Policies in force was . ™ ? . ~ ¦ SSff ^ fiSSS ?^? : * 5 ? -8 l ^ ^ follows , viz . : ~ Ci 03 iSSU ° d dUring thc ™ 5 i-oars aie as _ Strsrs A .-v ,. Policies . Assured . £ „ £ " :::::: iS ^^ ffig ^ - % -ffl :::::: iS :::::::: ™ SJS :: » 1857 1207 570 , 282 .. $ g £ n . ftigSffiaiSS . 0 POUCieS ^ CaCh year f ° moretW Mr a Two Bonuses have been declared fin 1848 and isis ) a « lflm ass ^ d rWOPer Cent -Per aiU 1 U 1 U On ih 0 ^^ agftotS » Jn ^ . cioty ' sin . co its establishment , has paid claims n « 781 Policies , assurine 312 , 884 ? . ' claims on Assurances are effected at homo or abroad on healthv lives at as moderate rates as the most recent data willS % Indian Assurances at very moderate rates , and £ & facilities given to assurers . , b rtar Invalid lives assured on scientifically constructed tables th ? Pr emiu Tns edfreC ° f StamP dtt ^ . Werory charge but . DAYS OF GllAbB .-In the event of ; death din-hu ? l ] , te ^ f ' a M th i C nsk , binrti "B on the Society if promh n paid before the days of grace expire . Active working Agents wanted for vacant places Prospectuses , Forms of Proposals , and every other infor ination , may bo obtained of the Secretary at tho Chief Office , or on application to any of the Society ' s Agon Is in the Country . ; b '" G . DOUGLAS SINGER , Sccrctarv
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ACCIDENTS OF EVERY DESCRIPTION JP 1000 IN CASE OF DEATH , OR A FIXED ALLOWANCE OF £ G PER WEEK IN THE EVENT OF IXJUUY , May be secured by an Annual Payment of £ 3 for a Policy in the RAILWAY PASSENGERS ? ASSURANCE "COMPANY . A special Act provides that persons recoivhic compensation from this Company are not barred thereby from recovering full damages from the party causing the injunan advantage no other Company can offer . It is found that ONE PERSON iii every FIFTEEN" is more or less injured by Accident ycarlv . This Company lias already paid as compensation for Accidents 27 . 0 SS ? . Forms of Proposaland Prospectuses may be had at the Company ' s Offices , and at all tho principal Railway Stations , where , also , Railway Accidents alone may be insured against by the Journey or year . NO CHARGE FOR STAMP DUTY . Railway Passengers ' Assurance Company , Offices ,. ? , Old Broad-street , London , ICC . WILLIAM J . VIAN , Secretary .
Ad00209
CAPE TOWN RAILWAY AND DOCK COMPANY—The Board have the satisfaction of stating tliat tho contract for the construction of the Railway between Capo Town and Wellington has been awarded to this company on the basis of a guarantee by tho Colonial Government of a minimum rato of interest of 0 ? . per cent . for fifty years from tho opening of tho line , with power to pay interest at the same rate during its construction on all calls or payments in advance of calls . It is necessary , therefore , that seri | iholdcr . s should bring in their scri p without delay , to be exchanged for shave certificates . The Board havo determined to offer tho li ^ 'V shares not hitherto allotted to tho present holders of scrip , in tho proportion of one at > t > itioxai . suaki" for every five now held by them , provided application bo made oi tho same on or before the 1 st September next . Forms of application may be obtuiiuvl ; tt tuo Office . I » v order . 201 , Grcshain House , Old Broail-slreet , August Cth , 1858 .
Ad00210
"PARTNERSHIP . —An opportunity odors to a JL gentleman of about 30 years of niyo , of steady business habits , and with a capital of ' about 50 i ) O / . ( only hall ' of which is required at first ) , lo tako a I ml ! shun ; in a London business that has been conducted with uniiitormptc'il success for tho last 10 years , tho returns of wliich havo increased upwards of WWl . per nniuini for several yenrs past anil arc capable of a stilj creator increase . No previous knowledge of tho business is noccssnry , but the hicuniinB partner nin ^ t bo competent to tuko entire oliargo < 4 ' t . li ( i Hnanelnl JHipnrtmont , hitherto conduuto'l by tho senior partner , retired on account of ngo . —Address , T . •) ., t'Mru of Jlestr . " . Robaon and liaughau , Solicitors , Clill'orii ' s-iim , Cliniiceiylauo , London .
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ROYAL ASYLUM OF ST . ANN'S SOCIETY , Urixton Hill , Surrey , and Aldorsiratc . Uy voluntary , contriliutlons . AfVordinp ; homo , elotliiiiK , lnnintiMmiicc , , and education to children of parents once in in'osjicntyorphans or not-of any nation . Undor tho patronngo of ]» cr Majesty , tho Prince Consort , and tho Royal Family . , Tho IIaxp-YeauijY Ejection will t : ilco plaoo nt tlifi ; London Tnvern , on Friday , 13 tli August iicxt . Si \ hs (! ri | il" > ni , thankfully received by thn Committee ; iMast-rsJ , Sroostu ana Co ., 27 , Graccchurch-Ntrcct ; mid l > y , . _ KDWAIM ) F . LKUKS , Hi'crcUu T . 1 Omco—2 , Walbrook , Mansion House , IO . ( . \
Ad00212
, » pAUTlON to llousohoUlors , Jinnkor ^ Mcr-V ^ chants , and I ' ublio OHIcch . Tho I ' atent . NATIONAL , and 1 ) MFIAN < 310 LOCKS can l > o hud on ' n < S »''• ' , ' \; ) ltlDGl-J , 02 , Strand , n « 'Hr ( ilinr « iiK-cr « sH . Tlir-c l . tu-kMm * important for thoir Hccurityngninhb Ijiirglurs uiul tnu-y ^ ns ovidoncod In tho frauduionl attempt , to pick it ll 1 ll " OrvHtnl Pahico , in AugUHt , 180-1 . bv John tiouli'i ' ., furt'inn " > loMcHsra . Chubb , for tho RH \\ A llI ) of ' 200 ( . ' nil"'" * - ¦ ' , Painrihhst , and JJoscrlptiou , to lio litid kiviIIh . Plro «> ' s Thiol proor Iron 8 afi » H , Plato and Jowc ) Olio . sts , DreiH » > r and DoHpatohlloxoH , KmbosHlng IMcs . & c . WarrnntcU feW ' ' Uoor Latches , 17 s , Od . ouch .
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Citation
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Leader (1850-1860), Aug. 7, 1858, page 762, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/ldr_07081858/page/2/
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