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Wp ^*r r (-/^V -v vv \P v ;Jv ? A POLITI...
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VOL. IX. No. 437.] . SATURDAY, AUGUST 7,...
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LONDON AND COUNTY
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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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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.
Wp ^*R R (-/^V -V Vv \P V ;Jv ? A Politi...
Wp ^* r r ( - /^ V -v vv \ P v Jv ? A POLITICAL AND LITERARY REVIEW , MERCANTILE JOURNAL , - ' ¦ ¦ ¦ ' AND . ' ¦ ' ; . ' ¦ ¦ f _ , REC ORD ^¦ JOgT STOCK COMPANIES , BANKS , RAILWAYS , MINES , SHIPPING , & c .
Vol. Ix. No. 437.] . Saturday, August 7,...
VOL . IX . No . 437 . ] . SATURDAY , AUGUST 7 , 1858 . Price fF NSTAMPE ^ s ^ i ^ i :
London And County
LONDON AND COUNTY
Ad00104
ye , the undersigned , have examined- the foreKoinK jalance-sheet , and compared the items it comprises with ¦ S 5 ^ r books and vouchers relating thereto , and have found the stune to be correct . ( Signed ) HElfRY OVEBTON , ¦) .,-, x ¦ JOHN WRIGHT , 'j Auditors . London and County Bank , July 30 , 1858 . « . i !! - 8011 !? ^ P . ^ having been read by the Secretary , the following Resolution ' s were proposed and unanimously adopted : — 1 . That the report be received and adopted , and printed for the usp of the Shareholders . 4 ^ T . hat the thanks of this Meeting be given to the Board of Directors for the able manner in-which they have conducted the affairs of the Company . The ballot for the election of an auditor having been proceeded with , the following gentleman was unanimously eloeted : — . Frederick'Harrison , 32 sa . . . ' . ¦ ' . ( Signed ) . VlLLIAM NICOL , Chairman . The Chairman having quitted the Chair , it was resolved , and carried unanimously—_ Jl'hat the cordial thanks of this Meeting be presented to William Nicol , Ksq ., for his able and courteous conduct ill the chair . ( Signed , "W- . C . JONES . Kxtracted from the Minutes , ( Signed ) R . P . If IC HOLS , Secretary .
Ad00103
BANKING COMPANY . Subscribed Capital ... ; ..... ... £ i , 2 oOOOO Paid-up Capital fjoo . ooo Reserved Tund ............... 103 , 000 Head Office . 21 , Lombard-street . DiBEcrous . Philip PattonlBlyth , Esq . ; William Champion Jones , John Win . Buiwicster , Esq . j Esq . Thomas Tyringbam Bernard , James Laniiitg , Esq . * 8 fll-. M . P . i John ITenry Laucc , Esq . William Cory , Esq . VVUliam lee , E . ^ . * Jos . Christopher Ewart , Esq ., t William Nicol , Esq . T M . P . i Richard Sprinpett . Esq . James Andrew Durham , Esq . ' GBKEttai . Manager . —William M'Kewan . Esq . A the HALT-YEARLY MEETING of Proprietors , held on Thursday , the 5 th of August , 1 S 5 S , at the London Tavern , Bishopsgate-street , the following Report for the half-year endmp the 80 Ui June , 1858 . was read by the Secretary . WILLIAM NICOL , Esq ., in the Chair . V ^ . REPORT . Tour Directors have the satisfaction of laying before the Proprietors the usual accounts and balance sheet for the six months ending 30 th of June last . ¦ These accounts , which have been submitted to the Auditors , show a gross profit , after ' providing for bad and doubtful debts , of . 101 , 6642 . ' 14 s . ; and , , after payment of current expenses at the head office and at all the branches , interest to customers , and rebato of interest on current bills , there remains a net profit of 20 , 030 * . Cs . 6 d . for the half-year . Your directors havo therefore declared the usual dividend of tl . per cent , for the six months , free of income-tax , and have carried forward to profit and loss new account the sum of iftmi . 6 s . 6 d . " The dividend will be payable at the head office , or at any of the branches , on and after Monday , the 16 th inst . Balance-sheet of the Loitoon abd Couhty Banxing Company , Jtjne 30 , 1858 . ¦ ¦ '" ® r * £ s . d . To Capital paiA up .... ' , ooo o (> To reserve furd » -. ;> ..... 105 , 000 0 0 To customers'balances , & c ,. \; .-... 4 , 178 , 288 0 7 To profit and loss balance ¦ " ¦ brought from last account ... £ 7 , 304 11 4 To gross prcllt for the half year , after making provision for bad and doubtful debts 94 , 279 2 8 101 , 664 14 0 £ 4 , 884 , 948 3 7 Cr- £ s . ; d . By cash on Iiand at head offloe , and branches £ 460 , 030 15 7 By cash placed at call ai > d at short notice 1 , 056 , 040 12 1 , 522 , 07 6 18 Investments , viz .: — By Government and guaranteed stocks £ 276 , 808 10 l Other stocks and securities 228 , 830 11 5 — 505 , 040 l 0 By discounted bills , notes , and temporary advances to oustomors in town _ aud country ..... £ 2 , 451 , 302 0 8 By advances to customers on Bpecial securities 278 , 570 14 4 „ 2 , 720 , 878 13 0 By freehold premises in Lombard-street and Nicholas-lane , freehold and leasehold property at the branches , with Uxturcu an < l fittings 50 , 8 < l « ft 10 ay Interest paid to customers 24 , 209 11 5 By salaries and nil other expenses at head oWce and branohos , including income-tax . 43 , 180 18 1 4 , 884 , 048 3 7 Dr . Pbobit akd Loss Account . So interest paid to customers 24 , 299 11 R lo expenses . & a abovo 43 , 18 « J 15 1 Xo rebate on bills not duo , carried to profit and lose new account 5 , 148 1 o lo dividend of 5 pur cent , for the half . year 25 . 000 0 0 io balance carried forward to profit and iosb now account 4 , 030 0 0 Cr 101 , 0 ( M 14 0 Balance brought forward from last account ; 7 , 304 11 4 ^ ^ m * proflt for tIl ° half-year , nftor 5 XV B provision for bad and doubtful dol ) t 8 , 04 , 270 2 8 101 , 004 14 0 ¦ «
Ad00105
BANK OF EGYPT . —The Directors grant LETTEUS of CREDIT , payable on demand ( free of charge ) and negotiate approved BILLS of EXCHANGE on Alexandria and Cairo . Bankers : tho Bank of England , and Messrs . Glyn , Mills , ri ' EDWARD CHESHIRE , Secretary . 2 G , Old Broad-street .
Ad00106
BANK OF DEPOSIT , Established a . d . 1844 . 3 . Pall-mall East , London . Parties desirous of INVESTING MONEY aro requested to examine the Plan of the Baxk of Djeposit , by which a high rate of interest may bo obtained with ample security . Tho Interest is payable in January and July . PETER , MORRISON , Managing Director . "Forms for opening Accounts sent free on application .
Ad00107
J ONDON AND COUNTY BANKING -rf COMPANY—NOTICE is HEREBY GIVEN , that a DIVIDEND on tlio Capital Stock of the Company , at the rate of Five per Cent , for the half-year ending 30 th June 18 !> 9 , will bo PAID to the Proprietors , either at the Chiel Office , 21 , Lombard-street , or at any of tho Company ' s Branch Banks , on and after MONDAY , 10 th inst . By order cf tho Board , W . M'KEWAN , General Manager . 21 , Lombard-streeh , August 5 , 1858 .
Ad00108
SOUTH AUSTRALIAN I 3 ANKING COMPANY . "Incorporated Ly Royal Clmrter , lS 47 . LETTERS ol ORE 1 ) 11 ' and KILLS arc granted upon tho Banks at Adelaide , Port Adelaide , and Gawler . Approved drafts on South Australia negotiated and sent foi collodion . Every description of Banking business is conducted direct with Victoria and New South "Wales , and also with tho other Australian Colonies , tit rough th « Company's Agents . Apply at 54 , Old JJroad-strcut , Loudon , Ji . C . ¦ WILLIAM PURDY . Managor .
Ad00110
THE LONDON ASSURANCE , INCORPORATED A . » . 1720 . FOR LIFE , FIRE , AID MARINE ASSURANCES . Bead Office—No . 7 , Royal Exchange , Cornhill . Xolin Alyes Arhuthnot , Esq ., Governor . , John Alex . Hankey , Esq ., Sub-Governor . Bonamy Dobree , Juu ., Esq ., Deputy-Governor . v / DIRECTORS . Nathaniel Alexander , Esq . G . R . Griffiths . Usq . RicharoVBaKgallay , Esq . David C . Guthrie . Esq . Henrjr Bohharn Bax , Esq . Edward Harnage , Esq . James Bly . th , Esq . Louis Huth , Esq . Edward Budd , Esq . William Kinjj , Esq . Edward Burmester , Esq . Charles Lyall , Esq . . Charles Grawley . Esq . John Ord . Esq . John Entwisle , Esq . Capfc . R . W . Pally , R . If . Robert Gillespie , Jun ., Esq . David Powell , Esq . Harry George Cordon , Esq . P . P . ^^ Robertson . Esq ., M . P , Edwii * Gower , Esq . Alex . Trotter , Esq . Samuel GregsoH , Esq ., M . P . Lestock Peach Wilson , Esq . Actuary—Peter Hardy , Esq ., F . R . S . West Er . d Office—No . 7 , Tall Mall . COMMITTEE . Two Members of the Court in rotation , arid Henry Kinpscote , Esq ., and John Tidd Pratt , Esq . Superintendent—Philip Scoones , Eaci-LIFE DEPARTMENT . This Corporation hasigranted Assurances on Lives for « period exceeding One Hundred and Thirty Tears , having issued its first Policy on the 7 th June , 1721 . Two-thirds , or 66 per cent , of the entire profits are given to the Assured . Policies may bo opened under any of tho following plans . Viz .: — . fc At a . low rate of premium , without participation in profits , or at a somewhat higher rate , entitUag the Assured , either . . , - - ¦ - after the first live years , to an awual abatement or ' pre- ¦ ¦ G mium for the remainder of life ,. ^ Tj after payment ot tho first premium , to a participation in the ensuing Quinqueu- — •* nifil Bonusf . k Thes a ^ at ' einent for the year 1858 , on tho Annual Premiums , of persons who have been assured under Series " 1851 " for flvo years or longer , is upwards of 34 wx cent-\ Th € j high character which this ancient Corporation has , maintained during nearly a Century and » Half , secures to the public a full and faithful declaration of profits . Tho Corporation bears the whole Expenses of Management , thus giving to the Assured , conjoined with the protection afforded by its Corporate Fond , advantages equal to those of any system of Mutual Assurance . Premiums may be paid Yearly , Half-yearly , or Quarterly . All Policies are issued free from stamp duty , or from charge of any description whatever , bcyonu the Premium . Tjio attention of tho Public is especially called to tho great advantages offered to Life Assurors by tho Le & isla turo in its recont Enactments , by which it will bo foun that bo a deliaed extent Life Premiums are not subject to 1 Income Tax . The tecs of Hedical Referees aro paid by the Corpora . 1 lion . Annuities aro grantod by the Corporation , payable Half-Yearly . Every facility will bo given for tho transfer or excliange of Pollcies . or any oilier suitable arrangement will bo raado for tho convenience of tho Assured . Prospectuses and all other information may bo obtained by either a written or personal application to tho Actuary , or to tlio Superintendent of the West End Ofllce . JOHN LAURENCE , Secretary .
Ad00109
ST . CEORGE ASSURANCE COMPANY . 118 , PalMVIall , London , 8 . W . Capitnl 100 , 000 / ., in Shares of 51 . each . Chairman . —Henry l ' ownall , Esq . Deputy Chairman . —Henry Haines , Esq . Tho Leading Features of this Olllco aro—Every description of Lifo Asyumnco on the most favourablo ton us . The Assurance of Defective Titles , thereby rostorlng tho property to its full valuo . Endowments for Husbands , Wives , or Nominees . Endowments for Children on attaining a certain age , Anmiitiud of every description granted on terms peculiarly favourable . Notices , of Assignments of Policies Registered . Medical KoforecH paid by tho Company . Ago of tho Lifo Assured admitted on all Policies , on ronsonablo proof bcluK given . Stamp Duties on Life roHeica iiaid by tho Company . Lorinaon Rcul or I ' orsoiml Sccni-ity . . ro |» nynblo by monthly or quarterly instalments , from ono to flvo yearn . ror further pnrtiuulurn , Forinn of Proposal nilij Prospectuses , apiily to 1 ' . II . GILBART . Swrotary .
Ad00111
CITY OF LONDON LIFE ASSURANCE SOCIETY , 18 , NEW BRIDGE STREET , ULACKFRIAltS , LONDON . SUBSCRIBED CAPITAL , £ 250 , 000 . rpllE CITY OP LONDON LIFE ASSU-1 RANCH SOCIETY odors all tho advnntnffos « f tho Mutual syutein and facilities in every department . Ordinary Assurances with or without participation In «tho l'roflts of tho olllco . . ) ^/ . ' . ' x Immediate , Daferred , or llevcrsionnry AnnuiCfeST ^ , . ^^ y Annuities or JSnUowinentn . *> f * > ri * /\ i- « t \^ J hr Loans grantud on approved securities . >* 4 cJt \ f ££# iffi £ 4 \* X Claims are paid with promptitwfo . { a 3 hMIa % ^ jmT / PV * *¦ Every Information will li < i forwarded , mat fvn & < TOC 5 W >« N \ t \ rr > cation to tho Bi'crotary ni tlio Jloud Oill < J ^ i ) l »^ ii * amlrW—A ^ AB . nL . of the Bocl « ly .. BmvAU 1 > p 1 B ^ rM jSSj ^ > 18 , JfowBrldge-streoi , UlncUI'riurs . rj iij ^ B ^ i ^^ i ^ i * X ) rt SKfetyS 1 Liiuuu [ iurbiuij / iit-ivii kit wryAnnujtfuir , . ^ ^ A > u . ^ wktm ^ ^ . LB ^ S ^^ y ^ ¦ s ! y ? ws s ^^ J ^ v ^/
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Citation
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Leader (1850-1860), Aug. 7, 1858, page unpag., in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/ldr_07081858/page/1/
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