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Leader (1850-1860), 23rd July 1859, Edition 1 of 2, Page 854, Untitled Ad

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      Untitled Ad

      BOriT AND LOBS ACCOUNT OF THE LONDON JOINT STOCK / BANK , FOR TBEHALF-VEABESPIKG JUNE 30 , JL 859 , X > K £ ' B . d . Co current expenses , proportion of buildins- expenses ^ directors ' , remuneration , ba % debts , income tax , &c ; . 22 , 480 2 8 Co amount carried to profit and loss new . . account , being rebate of interest on bills discounted not yet due ..., - . ¦ . ¦ .. 11 , 569 0 4 Do dividend account towardst-hepayment of half ^ a-year's dividend , at the rate of JE 12 J per centum per annum , upon JS 600 . 000 , amount of paid-up capital -upon 60 , 000 shares 32 , 737 14 7 £ 06 , 786 17 7 Ck . ' ¦ s £ 8 . ' 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 , 000 , 000 3 PAID-UP CAPITAL . 600 , 000 CrUARANTEE 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 their balance as they may not immediately require , upon which interest at the current rate of the day will be allowed . Deposits are also received from parties not customers , either at eaJl or for fixed periods , on interest at tlie market . rates . ¦ ¦ ¦ ¦ ¦ ' ' ¦ . The agency of joint stock , and other , country and foreign banks , undertaken on such terms as may be agreed upon ; investments in , and sales of , all descriptions of British and Foreign securities , bullion , specie , &c , effected . Dividends on English and Foreign funds , on railway and Other shares , debentures , and coupons , received without charge to customers . Every other description of banking business and money agency transacted , ana letters of credit ^ granted on the Continent , and on the chief commercial Jtowns of the -world . ' ¦ " . '

      Untitled Ad

      TWENTY-JIEST REPORT OP THE ^ DIRECTORS OP THE COMMERCIAL BANE OF LONDON , ¦ For the Tear ending ' 30 th June , 1859 . AT AN ANNUAL , GENERAL MEETING of the Shareholders , held at the Banking-house , Loth-Tjury , on TUESDAY , the 19 th July , 1859 : DIRECTORS . Mark Hunter , Esq ., Chairman ISdward Stillingfleet Cayley , Sir Joseph Paxton , M . P . Esq ., M . P . Robert Stacey Price , Esq . John Alfred Chowne , Esq . John Savage , Esq . Creorge dive , E ^ q ., M , P . Herbert Taylor , Esq . Jonathan Hopkinson , Esq . Joseph Thompson , Esq . William Jackson , Esq :, M . P . Thomas Winkworfch , Esq . Manager—Sir . Alfred Cutbill . Solicitous—Messrs . Tatham . Upton , Upton , and Johnson ; and Messrs , Norris and Son . Present—Seventy Proprietors ; The Advertisement calling the Meeting was read , and afterwards tlie following Report : The Directors have now to submit to the Shareholders 4 he Balance-sheet showing the result of the business for the six months to the 30 th June last , from which it 'will bo aeon that the net profit ( including * £ 1 , 401 2 s . brought forward Irom last account ) amounts to £ 14 , 575 10 a . lOd , after payxnent of all expenses of management and making provision Sbr bad and doubtful debts : ' The Directors have determined to declare a Dividend for the half-year at the rate of 7 por cent , per annum , payable - on and tutor 30 th instant . This Dividend will absorb . 410 , 500 , and after deducting £ 3 , 001 0 s . for rebate pn current bills , a balance cf £ 1 , 01410 s . 30 a . will remain to bo carried over to next acoount . Incompliance with tho provisions of the Deed of Settlement , the following DlreotorB—viz ; Win , Jackson , Esq . M . P . Ropert Stricey Price . Esq ., and Thomas Wlnkworth , Esq . ¦ aretlre from ofllco , but , being eligible , offer themselves as candidate !} for re-oleotion . , n ' COMMERCIAL BANK OF LONDON . Balance Sheet ao 80 th June , 1869 . Dr . ' £ a . d . ' £ s . d . Capital subscribed ... > ...... 1 , 500 , 000 Capital paid-up , £ 20 eaoln on lfi . OOO shares 800 , 000 0 0 Guarantee fund ... ' 75 , 000 0 0 Balances duo to the customers of the Bank 7 873 , 301 2 0 Balance- of undivided profit , Deo . 31 . 1658 ......... ^ .... 3 , 401 SO Jfot proilt for the half your ending KOth Juno , 1800 , aftor paying income-tax and doducting all charges and expenses , and maltlm ? provision for bad and doubtful debts 18 , 17 * 17 10 3 Balanco carried down — " 14 , 676 19 10 11 , 207 , 087 1 10 „ Cn . ¦ & ' s , d , Cash in the Bank and at call , at the Bank of England , Mxohoqupr Dills . India * . Bonds , awd Government Spoiw-iWea .... 832 , 183 0 10 -Blue discounted , loans on etoolc , and other ¦ ecourttlcB .. V ....... 1 . 033 , 768 , 16 0 ^ XffiffiOT ? ' IWJlngs , and Airodturo ( pro--anlBofl Ueiaon lease ) , ; .... 3 , 000 0 0 £ 1 , 207 , 037 1 10

      Untitled Ad

      DEPOSIT AND DISCOUNT BANK ! . FIVE PER CENT , on sums for fixe 4 periods , or at seven days' notice , or Three per Cent , at Cai < Iv ¦ ¦¦' ¦ ¦ '& . H-. LAW , Manager Offices , 0 , Cannon-street "WeBt E . C .

      Untitled Ad

      NOTICE OF DIVIDEND . BANK of DEPOSIT ( Established A . D . 1844 ) , No . 3 , Palir mall East , London , S . W . —The 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 liouru of Ten and Four . July- 11 th , 1859 . PETER MORRISON , . Managing Director , Prospectuses and forms sent free on application .

      Untitled Ad

      Empowered by Act of Parliament , 3 Wm . IV . THE ECONOMIC LIFE ASSURANCE - SOCIETY , 6 , NEW BRIDGE STREET , BLACKFRIARS , LONDON . Established 1823 . A < 1 vantages * Mutual Assurance The Lowest Rates of Premium on the Mutual System . The whole of the Profits divided every Fifth Year . Assets amounting to £ 1 , 8 * 0 , 000 During its existence the Society hits 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 , 385 , 000 The last Bonus , declared in 1859 , wlilch averaged 052 ! . per cent , on the Premiums paid , amounted to ... 475 , 000 Policies in force 7 , 818 The Annual Income exceeds 200 , 000 In pursuance of the invariable practice of this Sooioty , In the event of the Death of the Life Assured within the fifteen da > s of grace , the Renewal Premium remaining-unpaid , the Claim will be admitted ; subject to the payment of such premium . Assurances effeoted prior to 31 st December , 1850 , will participate in the division in 1861 . Prospectuses and full particulars may be obtained on application to . ALEXANDER MA 0 DONALD , Scoretary .

      Untitled Ad

      THE DIRECTORS OF THE STANDARD LIFE ASSURANCE COMPANY Requoat attention to the report of tho Company for the year 18 S 8 . A printed cop / can bo obtained on application at tho Company ^ offices in London , Edinburgh , or Dublin , or to any of the agents In England , Scotland , or Ireland , The following requite are stated In tho report : — Tho now assurances effected during 1808 oxoccd £ 500 , 000 , and the amount during the last 10 years exceeds £ 5000 , 000 . ' Tho Income of the Company 1 b upwards of £ 275 , 000 ; and The accumulated fund exceeds considerably £ 1 , 500 , 000 . Tho Standard was established In 1820 , and tho profits realised have boon'divided on flvo occasions , 1835 , 1840 , 1845 , 1850 , and 1855 . Tho sixth division of profits will tnko njaconoxt year , and there la an advantagfo In Joining the Company before tho close of tho books In tho prosonl your , as'tno bonoflt of two yoarB entry to tl »« jprpflt scheme will bo secured . Attention Is specially directed to tlxo faot that tlie Company have lately Introduced Into their policies certain tortfifl and conditions which mako them ofinoroasod value as tile basis ¦ . Qf marriage , sottlomenM faraUy nroYlelons , and all transactions where it la cseontlnl that tho contract should bo , as far fts possible , a . oomplcto security against all oontingonoles . -t » Kfeff ^ -JS 52 S& K « - London i 83 , BUuff ¦ WllUftwi . atroot , City . MdlnburgU i » , QeorgOrBtroet , Dublin ) flo , TJpporSftokviUe-stecet .

      Untitled Ad

      THE CRITIC : WEEKLY JOURNAL OF LITERATURE , , ART , S 0 IEN 01 , and tho DKA . MA , Is now publlshod ovory Saturday , prloo Id ., Btampad fld . Tho Critic contains Reviews or all tho ourrout Literature of tho Wouk , Hpmo and Forolffn , lnolwdlnff Fronoli , German , Italian , Sclavonlo , andQrlontal . ArohwSloglcali , SciontUlo , Artistic , MubIohI , and Draraatlo Summadof . HonortB of the JCioanjod Sooiotlos . Lending Articles upon Literary and Artlfltio Tonloij , and all tlio £ lterary , Sofontlflcwnd ArtiHtlo News of t « o Wool ? . 1 'he OniTW may bo obtftinod throujrli the trade , or ordered direct from tho OiUco , IV , WolUnsrtou-streot , Strand , W . C ,

      Untitled Ad

      MRS . QORE' 9 STANDARD NOV 15 LS . 8 s . cftet , boards . THE DIAMOND AND THE PEARL . "A novel in Mrs . Goio ' b bust style . — Uentley . ( Just published . ) TEMPTATION AND ATONEMEMENX By Mrs . Gore . ROMANCES OF REAL LIFE . By Mre . Goro . THE BANKER'S WIFEi or , Court and City . By Mrs .-Goro . MEMOIRS OF A PEJBJKESS $ or , tho Days of Fox .. By Mrs . Goro JPEHJRS AND PARVENUS , By Mrs . Goro . Xondon : Knight and Son , and all Bookaollors and ltnilwayo .

      Untitled Ad

      THE LA 4 CE WAR IN ITALY " , In foolscap , 8 vo , 2 s , boards ; 2 s . Cd . « loth . CONTINENTAL EITROPE ! from 1792 to 18 SD . With Details of the Wai < and what led to It . Uy J . W . KING , ' Right in views and correct in details . A book of great usefulness to those wholiko to apeak on proocnt fncta , and know very little about Italian affairs . "—Gavazzi . London : Knight and Son , and all Booksellers and Railways .

      Untitled Ad

      NATIONAL PROVIDENT INSTITUTION , iS , GRACECHURCH STREET , LONDON . FOR MUTUAL ASSURANCE ON LIVES , ANNUITIES , &c . ESTABLISHED DECEMBER , 1835 . DIRECTORS . Sasii-ei Hayhtjbst Lt'CAS , Esq ., Chairman . Charles Ldshihgton , Esq ., Deputy Chairman . John Bradbury , Esq . Hobert Ingham . Esq ., M . P . Thomas Castle , Esq . Charles Reed , Esq . Richard Fall , JSsq . Robert Shcppwd , Esq . John Feltliam , 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 , M . D . Bankehs—Messrs . Brown , Jan son , and Co ., and Bank o ¦ England . Solicitor—Septimus Davidson , Esq . Consulting Actuary—Charles Ansell , Esq ., F . R . SMUTUAL ASSURANCE WITHOUT ESTDrVIDUAL LIABILITY . On the 20 th November last the total number of Policies issued was 21 , 633 . The amount of Capital was £ 1 , 621 , 550 11 s . lid . . Amount paid for Claims arising- from death , aad Bonuses accrued thereop , £ 809 , 646 14 s . 4 d . The gross Annual Income arising from Premiums on 15 ; 262 existing Policies is £ 2 !? , 003 1 1 Annual abatement on the 20 th November , 1857 , to be continued for the live years ending in 1862 .... 50 , 112 0 O £ 197 , 581 1 1 Add Interest on invested Capital 69 , 850 7 1 Total net annual income . £ . 267 , 431 8 2 The Jpresent 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 ...... ' ,..... £ 1 . , 090 15 0 Assets in Class IX 1 , 345 , 125 O 5 Surplus or Profit ..... £ 345 . 934 3 11 The effect of the successful operation of the Society during the whole period of its existence may be best exhibited by recapitulating the declared surplusos at the four investigations made up to this , time .-For the 7 years ending 1842 the surplus was .. £ 32 , 074 il 5 „ 5 „ 1847 „ „ 80 , 122 8 3 „ 5 „ 1852 „ „ 232 , 001 18 4 „ 6 „ 3857 „ „ 345 , 034 3 11 Members whose premiums fall due on the 1 st July are reminded that the same must be paid within 30 days from that date . Tho Prospectus , with the last Report of tho Directors , and with illustrations of the proats for the flyo years ending the 20 th November , 1857 , may lie had on application , by which it will be seen that the reductions on the premiums range from 11 per cent , to 08 J per cent ., and that iu one instance tho premium Is extinct . Instances of tho bonuses ore also shown . July , 18 S 9 , JOSEPH MARSH , Secretary .

      Untitled Ad

      Established 1837 . BRITANNIA LIFE ASSURANCE ' - coMPAsrr , Empowered by Special Act of Parliament , 4 Viet . Cap . 9 , . ¦¦ '¦' ¦ . ¦ ¦¦ ¦ ' ' AND ¦ ' ¦ ¦ ' ' BRITANNIA MUTUAL LIFE ASSOCIATION , Empowered by Ifer Majesty ' s lioyal Letters Tatent . ' 1 , Princes-street , . Bank , London . Mjyor-General Alexander , JBlackheath-park , Chairman . HALF CREDIT RATES OF PREMIUM . PERSONS ASSURED according to these JT 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 claim . ANDEEW FRANCIS , Secretary .

      Untitled Ad

      COMMERCIAL BANK OP LONDON . rpHE DIRECTORS HEREBY GIVE NOTICE -L that a DIVIDEND on the . paid-up capital of the Company , at the rate of £ 7 per cent , per annum , for the hftlfyear ending 30 th June , 1850 , free from income-tax , will 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 .

      Untitled Article

      854 THE LEADER . [ Ko . 487 . July 23 , 1859 . Established 1837

  • Citation
    • Leader (1850-1860), July 23, 1859, page 854, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/vm2-ncseproduct2304/page/2/