On this page
- Adverts (9)
-
Text (1)
-
854 THE LEADER. [No. 487. July 23, 1859.
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.
Ad00201
dPKOFIT AND X . OSS ACCOUNT OF THE LONDON JOINT STOCK BANK , FOR THE HALF-YEAR ENDING JUNE 30 , 1859 . Dl £ 6 , < 1 . 5 Co current expenses , proportion of buildiMff expenses , directors' remuneration , . Ijad debts , incoine tax , & c . - 22 , 480 2 8 To amount carried to . profit and loss new account , being rebate of interest on bills _ discounted not yet due 11 , 569 , «* To dividend account towardsthepayment © f half-a-year ' s dividend , at the rate of iE 12 £ per centum per annum , upon ^ 600 , 000 , amount of paid-up capital . upon 60 , 000 shares ...... 32 , 737 1 * 7 . £ 66 , 786 17 7 Cr . * £ s . d . "By Balance brought down . £ 66 , 786 17 7 THE LONDON JOINT STOCK BANK . Established in 1836 . Head Office—Princes-street , Mansion-house . ¦ ' ¦ Western Branch—69 , Pall-mall . SUBSCRIBED CAPITAL £ 3 ' 2 £ ffi 3 PAID-UP CAPITAL ...... ^ . GUARANTEE FUND 201 , 148 Accounts of parties are kept : agreeably to the custom of Xondon bankers . " ¦ ' . Parties keeping banking accounts with the bank can at all times transfer to a deposit account such portion of thear balance as they may not immediately require , upon whieU . interest at the current rate of the day will be allowed . Deposits are also received from parties not customers , cither at call or for fixed periods , on interest at the market "TSitPB ' ' ' ¦ ' * ¦ ' ' ¦ The agency of joint stock , and other country and ibreigh banks , undertaken on such terms as may be agreed upon . Investments in , arid sales of , all descriptions of British . and Foreign securities , bullion , specie , & c . effected .., - Dividends on English , and Foreign funds , on railway and abth'er shares , debentures , and coupons , received . -without eharge to customers . Every other description of bankingbusiness arid money agency transacted , and letters of credit jgranted on the Continent , and on the chief commercial "towns of the world . . ¦
854 The Leader. [No. 487. July 23, 1859.
854 THE LEADER . [ No . 487 . July 23 , 1859 .
Ad00202
TWENTY-FIRST BEPORT OF TITE DIRECTORS OP THE COMMERCIAL BAttK OF LONDON , For the Year ending 30 th June , 1859 . AT AN ANNUAL GENERAL MEETING of the Shareholders , held at the Banking-house , Lbtli-, 2 rary , on TUESDAY , the 19 th . July , 1859 : DIBECTOiBS . Mark Hunter , Esq ., Chairman JCdwarc ! Stillingfleet Cayley , Sir Joseph Paxton , M . P . Esq ., M . P . Robert Stacey Price , Esq . John Alfred Ohowne , Esq . John Savage , Esq . Cr . eorge Clive , Esq ., M . P . Herbert Taylor , Esq . . Jonathan Hopkinson , Esq . Joseph Thompson , Esq . William Jackson , Esq ., M . P . Thomas Winkworth , Esq . MANAGER—Mr . Alfred Cutbill . Solicitors—Messrs . Tatham , Upton , Upton , and Jolmbou ; and . Messrs , Norris and Son . Present—Seventy Proprietors ; The Advertisement calling the Meeting -was read , and afterwards the following Report : The Directors have now to submit to the Shareholders . the Balance-sheet showing the result of the business for the six months to the 30 th June last , from which it will Tje aeon that the net profit ( including ; £ 1 , 4012 s . brought forward JTrom last account ) amounts to £ 14 , 575 19 s . lOd . after payment of all expenses of management and making proyMcn for bad And doubtful debts : The Directors have determined to declare a Dividend ror * ho half-year at the rate of 7 per cent , per annum , payable on and after 30 th Instant . This Dividend will absorb . £ 10 , 600 , and after deduction © £ 3 , 061 0 s . for rebate on current bills , a balance of £ 1 , 01410 s . 10 a . will remain to bo carried over to next account . J ( n compliance with the provisions of the Deed of SotUeunent , the following I > ireotors- ^ viz i win , Jackson , Esq . M . P . Robert Stacoy Price , Esq ., and Thomas Winkwortb ,, Esq . Totlro from office , but , being eligible , offer themselves as ¦ candidates for re-election . , ¦ " COMMERCIAL BANK : OP LONDON . t . ' Balance Sweet to 80 nn June , I 860 . TDr . £ a . a . A e . d , Capital subscribed 1 , 500 , 000 Capital , paid-up , £ 20 each on mOOQsharos , 800 , 000 0 0 Guarantee fund 70 , 000 0 > 0 Balances due to tho customers of the Bank 878 , 361 2 0 jDalaneo of undivided proflfc , Deo . 31 , 18 / 58 1 , 401 2 O 2 ? ot proflt for tho half year ( incline 80 th Juno , 1860 , after paying income-tax and de-< luotlng all ohargoe nnd expenses , and making provision , for bad and doubtful debts 18 , 17 * 17 10 „„„ ' ., „ JBalanoo carried down 14 , 675 19 10 # 1 , 807 , 037 l 10 On . ~~""" # fl . fl . Cnun In the Bank and at call , At tho XSanic of Englana , Exchequer Bllle , India Bonds , and Government Securities ... » 281 , 183 O 3 . 0 *» 111 h discounted , ioiine on stock , and other ^ eeourtUea \ 1 , 088 , 763 , 15 0 ™ £ P % \? ° N' flttlngB , and furniture ( pro-. miBoa J » ow on XohbV ) ; ., . 3 , < W > 0 0 . # 1 , 307 , 037 1 10
Ad00203
Dr . Dividend-at . the rate of £ 7 per cent , per annum , for the Jaalf-year ended ,. «„«« 30 th June , 1860 ~ . . 10 , 500 0 O Rebate of interest on current bills carried to profit and loss new . account . 3 , 061 9 o Balance carried to next half-year ........ 1 , 014 10 10 £ 14 * 575 19 10 , ' CB . ' ¦ ' ¦ ' V ¦ . ' . -r ~ Balance brought down £ 14 , 575 19 10 £ 14 , 575 19 10 TherepOrt and balance-sheet having beenread , It was resolved that the report and balance-sheet just read . be approved , printed , and circulated amongst the proprietors . The Chairman , Mark Hunter , Esq ., on : the part of the Directors , 'declared a dividend on the paid-up capital of the Company at the rate of £ 7 per cent , per annum for the past half-year , free from income tax , payable on and after Saturday , the 30 th irist . Resolved—That the following- Directors , viz .. " William Jackson , Es / q ^ . M . Pt , Robert Stacey Price , Esq ., and Thomas ¦ Winkworth , Esq ., who go out . cf office in pursuance of the deed of settlement , be re-eleoted Directors of this Bank . Resolved—That the thanks of this meeting be presented to the Chairman and Directors for their attention to the affairs of the Bank during the past year . Resolved—That the best thanks of the shareholders be given to the manager , Mr . Cutbill . ¦ MARK HUNTER , Chairman . COMMERCIAL BANK OF LONDON . THE DIRECTORS HEREBY GIVE NOTICE that a DIVIDEND on the paid-up capital of the Company , at the rate of £ 7 per cent , per annum , for the halfyear ending 30 th-June , 1859 , free from income-tax , w ill be PAYABLE at the Banking-house in Lothbury , on and after SATURDAY , the 30 thlnstant . By order of the Board , A . R . CUTBILL , Manager . Dated 19 th July , 1859 . .
Ad00204
DEPOSIT AND DISCOUNT BANK . FIVE PER CENT , on sums for fixed periods , or at seven days' notice , or Three per Cent : at Caul . & . H . LAW , Manager Offices , 6 , Cannon-street TTestE . C . NOTICE OF DIVIDEND . BANK of DEPOSIT ( Established A . D . 1844 ) , JFo . 3 , PallmallEast , Xondon , S . W . WThe WARRANTS for - the HALF-YEARLY INTEREST , at the rate , of 5 per cent , per annum , on Deposit Accounts , to the 30 th June , are ready for delivery , and payable daily between the houru of Ten arid Four . July llth , 1859 . PETER MO & BISON , Managing : Director . Prospectuses and forms sent free on appflcatiori .
Ad00205
Empowered by Act of Parliament , 3 Wai . IV . THE ECONOMIC LIFE ASSURANCE SOCIETY , 6 , NEW BRIDGE STREET , BLACKFRIARS , LONDON . Established 1823 . Advantages . Mutual Assurance The Lowest Rates of Premium on the Mutual System . The whole of the Profits divided every Fifth Year . ABsets amounting to ............ . £ 1 , 8 : 10 , 000 During its existence the Society has paid in Claims , and in reduction of Bonus Liability , nearly 2 , 000 , 000 Reversionary Bonuses have been added to Policies to the extent of ... ... 1 , 865 , 000 The last Bonus , declared in 1859 , which averaged 652 . per cent , on the Premiums paid , amounted to .. T . ' 475 , 000 Policies in force ........ 7 , 818 The Annual Income exceeds 260 , 000 In pursuance of the invariable practice of this Society , in tho evo , nt of tho Death of the Life Assurod within the fifteen days of grace , the Renewal Premium remaining unpaid , the Claim , will bo admitted , subject to the payment of such premium .. Assurances effected prior to 31 st December , 1850 , will participate in tho division In 1864 . Prospeotuses and . full particulars may bo obtained'on application to ALEXANDER MACDONALP , Secretary .
Ad00206
THE DIRECTORS OF THE STANDARD LIFE ASSURANCE COMPANY Request attention to the report of the Company for tlie year 1858 . A printed copy can bo obtained on application at tho Company * e . offices In London , Edinburgh , or Dublin , or to any of tho Agents in England , Scotland , or Ireland , Tho following results are stated In the report : — Tho new assurances effected during 1858 exceed £ 600 , 000 , and the amount during tho last 10 years exceeds « 6 , 000 , O 00 . The income of the Company is upwards of £ 275 , 000 ; and The accumulated fund exceeds considerably £ 1 , 000 , 000 . The Standard was established in 1825 , and tho profits realised have boon divided . on uvo occasions , 1630 , 1810 , 1845 , 1850 ,, and 1855 . Tho sixth division of profits will take place next year , and there is nn advantage In joining tho Company bofore tho close of tho books In tho present year , as tho benefit of two years' entry to the profit scheme will bo scoured , Attention is specially dlrcotod to tho faofc that tho Company have lately introduced into tholr policies certain terms and conditions which mako thorn or inoroasod value as tho basis of marriage eottlomonts , family provisions , and all transactions whore it is essential that tho contract should bo , as far as poaslble , n comnloto Boourlty Against all contingencies . WILL . TWOS . THOMSON , Manager . H . JONM 8 "WILLIAMS , Rob . Soo . London s 83 , King WiUJam-stropt , City . Edinburgh : ft , Georfjo-street . Dublin i 00 , Upper Sftokvlllc-street .
Ad00210
. ESTABtlSHED 1837 . BRITANNIA LIFE ASSURANCE COMPANY . Empowered by Special -Act of Parliament , 4 Viet . Cap . 9 t '¦ . ¦ ' ' AND ¦ " BRITANNIA MUTUAL LIFE ASSOCIATION , Empowered by Her Majesty' ' s Itoyal Letters Patent . 1 , Princes-street , Bank , London . Major-General Alexander , Blackheath-park , Chairman . HALF CREDIT RATES OF PREMIUM . PERSONS ASSURED according to these XT Rates are allowed credit for half the amount of the first five or seven Annual Premiums , paying- interest thereon at the rate of Five per Cent , per Annum , with the option of paying off the arrears of Premiums at any time , or having- the amount deducted from the sum . assured when the Policy becomes a claixn ^^^ pR ^ - ¦ Secretar
Ad00211
NATIONAL PROVIDENT INSTITUTION , 48 , GRACECHUKCH STREET , LONDON . POR MUTUAL , ASSURANCE ON LIVES , ANNUITIES , & c . established december , 1835 . Directors . Samuel Hayhukst Lucas , Esq ., Chairman . Charles Lushimgton , Esq ., Deputy Chairman . John Bradbury , Esq . Robert Ingrham , Esq ., M . P . Thomas Castle , Esq . Charles Meed , Esq . Richard Fall , Esq . Robert Sheppard , Esq . John Feltham , Esq . Jonathan Thorp , Esq . Charles Gilpin , Esq ., M . P . Charles "Whetham , Esq . Charles Good , Esq . . ¦ Physicians—J . T . Conquest , M . D ., F . L . S . ; Thomas Hodgkin , Jfl . D .. Baskehs—Messrs . Brown , Janson , and Co ., and Bank o England . Solicitor—Septimus Davidson , Esq . Consultin g Actuary—Charles Ansell , Esq ., F . R . S . MUTUAL ASSURANCE WITHOUT INDIVIDUAL . LIABILITY . On the 20 th November last the total number of Policies issued was 21 , 633 . The amount of Capital was £ 1 , 621 , 550 lls . lid . Amount paid for Claims arising from death , and Bonuses accrued thereon , £ 809 , 640 14 s . 4 d . The gross Annual Income arising- from Premiums on 15 , 262 existing- Policies is £ 24 r , < 593 1 1 Annual abatement on the 20 th November , 1857 , to be continued for the five years ending ; in Ifc 62 . 50 , 112 0 0 £ 197 , 581 1 1 Add Interest on invested Capital . ........ 09 , 850 7 1 Total net annual income £ 267 , 431 8 2 The present number of Members is 12 , 647 . At the Quinquennial Division of Profits made up to the 20 th November , 1857 , the computed value of assurances in Class IX . was .., i £ 1 , 000 , 090 15 6 Assets in Class LX . 1 , 345 , 125 0 5 Surplus or Profit .......... £ 345 , 034 3 11 The effect of the successful operation of the Society during the whole period of its existence may be best exhibited by recapitulating' tho declared surpluses at the four investigations made up to this time . For the 7 years ending-1842 the surplus was .. £ 32 , 074 11 fi ,, 5 „ 1847 „ „ 86 , 122 8 3 ^ 5 ,, 1852 „ „ 232 , 061 18 4 " 5 > 1857 „ „ 345 , 034 3 11 Members whose premiums fall due on the 1 st . 1 uly are reminded that the same must be paid within 30 days from that date . The Prospectus , with the last Report of the . Directors , and with illustrations of the profits for tho live years ending the 20 tu November , 1857 , may be had on application , by which it -will be seen that tho reductions on tl * e premiums run go from 11 percent , to 08 ^ per cent ., and tliat in one instance the premium is extinct . Instances of tho bonuses are also shown . July , 18 C 9 . JOSEPH MARSH , Secretary .
Ad00209
THE LATE WAR IN ITALY . In foolscap , 8 ro , 2 s . boards ; 2 s . Cd . cloth . CONTINENTAL ! EUROPJB from 1792 to 1859 . With Details of tho War , and what led to it . By J . "W . KING . 41 lilght in views and correct in details . ' A book of great usefulness to those wlioliko to speak on present facts , and know very little about Italian aflalrB . "—Gavazzi . Xondon : Knight and Son , and all Booksellers and Railways .
Ad00208
MRS . GOItB'S STANDARD NOVELS . 3 b . each , boards . THE . DIAMOND AND THE PEARL . "A novel in Mrs . Gore ' s best stylo , — Bjbntjcey . ( JubI published . ) TEMPTATION AND ATONEMEMENT . By Mrs . Gorb . KOMANOES OF REAL LIFE . By Mrs . Q oro . TJtIEl BANKER'S WIFE j or , Court and City . By His , Qoro , MEMOIRS OF A PI 2 ER 12 SS } or , tho , Days of Fox . By Mrs . Gore PEERS AND PARVENUS . By Mra . Gore . London : KNicmrand Son , and ' all Dooksollors and Railways .
Ad00207
THE CRITIQ : WIDBKLY / JOUKNAL OX' HTlflKATUKW , ART , SCUflNOlS , ftria tho DRAMA , is now published every Sntnrday , prloo Id ., etampod 5 d , 0 , 'ho Cnivio uontaluu RoviovvH or all tho current Litoraturo of the Week , llpnio and Foreign , including French , Gorman , Italian , Sclavonic , and Oriental . Arolucologloal , Solontlflo , Artlntlo , MubIciiI , ant } Dramatic Sunnnftiiow . Jionorta of thu Luarnoa Soolotlco , Loading Articles upon Litorary And Artlatlo Tonics , and all tho Litorary , Scientific , and ArtlHtlo Novya of tlio Woolc . Tho CniTXo mow bo obtained through tho trado , pi * ordered direct frpmtho O / Jftce , 10 , Wolllnffton-atvoot , Strawu ^ WiVi
-
-
Citation
-
Leader (1850-1860), July 23, 1859, page 2, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_23071859/page/2/
-