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Leader (1850-1860), 5th February 1859, Edition 1 of 2, Page unpag., Untitled Ad

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  • Departments (1)
    • LONDON AND COUNTY BANKING COMPANYHead Office, 21, Lombard-street. .
  • Adverts (8)
  • Text (3)
  • Transcript

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      Untitled Ad

      JUKECTOns . , Philip Batfcoii Blyth , Esq . Jos . Christopher Ewart , Esq . ^ Thomas Tvringham Bernard , M . P . , . ¦ 3 £ sq ., "MJ ? . . "Williarn Champion _ Jones , J « bn ' William Burmester , E .-q . - ' Esq . John Henry Lance , Esq . William Cory > Esq . William Lee , Esq . James Andrew Durham , Esq . William Nicol , Esq . James Laming , Esq . Richard Springett , Esq . General Manager . —William M'Kewan , Esq . At the HALF YEARLY MEETING of Proprietors held on Thursday , the 3 rd of -February ; 1859 , at the London Tavern , Bishopsgate-street , the following Report for the year ending the Slst . of December , , 1858 , was read by the secretary . ¦ ¦ ¦ ¦ ¦ WILLIAM CHAMPION JONES , Esq ., in the Chair . REPORT . The Directors ' have the pleasure to lay before the Proprietors a statement of the affairs of the Bank for the halfyearending the 31 st of December , 1858 ; It will appear from the balaiico-sheet . duly audited , that the net profit of the Bank for the last half-year , after deducting all expenses , iiicomertax , and rebate , and making ntuple provision for bad and doubtful debts , amounts to-81 . 165 / . 17 b .. lid .-,-including the balance of 4030 / . 6 s . 6 d . brought forward from the 30 th of June . . The Directors recommend that a dividend be now declared of 6 per cent , for the half-year , free of income-tax , which , with 5 per cent , paid for the six months ending the 30 th of June , will bo 11 per cent , for the past year , and leave a balance of 1105 ? .. 17 s . and lid . to be carried forward to profit and loaaaiew account . ¦ The Members of the Board retiring by rotation are—WiHiaiu ' . Nicol , Esq ., ; James Laming , Esq .. and T- T . Bernard , Esq ., M . P ., all of whom are eligible for re-oloetion , and offer themselves accordingly . Balance-sheet opthb London and County Banking Company , Dec . 31 , 1858 . Dr . To capital paid up £ 500 , 000 0 0 To reserved fund .. • 105 , 000 0 0 To amount due by the Bank for customers ' balances , &e . .. ., 4 , 204 , 120 1-1 9 To profit and loss balance brought from last account . J ? -i , 030 c 0 Ditto rebate , ditto .. 5 , 118 1 0 To gross profit for the halfyear , after making provision for bad and doubtful debts .. .. .. 88 , 570 7 V ^^ un £ 4 , 006 . 884 . 0 8 Cr . By cash on hand at head office , and branches .. £ 403 , 144 17 10 By cash placed at call and at short not ioo .. .. .. 050 , 105 3 9 - — £ 1 , 452 , 250 0 7 Investments , viz ,.: — By Government and guaranteed stocka .. .. £ 383 , 807 IS I By other Htocka find securities 220 , 707 5 11 018 , 605 4 0 By discounted bills , notes , and temporary advances to customers in town and country .. ... .. 2 , 491 , 035 0 4 By advances to ouutoinora on special socurltloa .. .. 283 , 041 4 3 2 , 774 , 870 10 7 By freehold premises in Lombard-stroot tvn d monolas-lano , freehold and leasehold property at the branohos , with flxturoa andflfctlnga .. 50 , 708 1 S By iutorpst paid to customers .. .. 20 , 008 13 0 43 y salaries and nil othor oxponsoa nt head offloo and bvauohos , Including lucomo-tax 41 , 070 0 3 . £ 4 , 000 , 884 0 H _ l ^ Bopix and Loss Account . Dr . To Intorost paid to ouBtomors £ 20 , ( 108 1 . 1 0 o& OXP ° P 8 O »» » a abovo 41 , 070 0 « ¦ l 0 o ™ »» to on 'bMa not duo , cnirlod to prpllt m ^ AT &W on now account 4 , 847 3 0 AS ? i W

      Untitled Ad

      LONDON AND COUNTY BANKING COMPANY . Notlco is hereby given , that a DIVIDEND of Six per cent ., for tho half-year ending « lst December , 185 S . on the Capital Stock of the Company , will bo paid to tho Proprietors , either at the Head Offloe , 21 , Louibard-strept , or at any of tho Company ' s Branch Banks , on and after Monday , 14 th February instant . By order of tho Board , W . M ' KEWAN , Gcnoral Managor . 21 , Lombard-street , 3 rd February , 1809 .

      Untitled Ad

      BEITON LIFE ASSOCIATION . Chiof Ofllcos , 02 , Moorgato-stroot , London , E . G . Tho Policies issued by this Association become payable tlitrhiff tho A 8 anri irs Lifetime without extra premium . ANNUITIES and ENDOWMENTS granted , and every description of Life Assurance o ( feetod . New Business for the Year ending Noi \ , 1858 . " No . of ~ " "" Amount i Policies Amount " Annual Prc-PrqnoaalH . Propoaod . | Iaauoil . Attaurod . niluins thoroon . 1070 jC 395 , 815 Vii'i , £ 202 , 815 j ? 8 , 328 14 s . 8 d . Dctniloil ProsuootiiHOfl , Annual Reports , and ovcry in formatiou may bo hud on application . JOHN MBSSENT , Soorofcary . Agouts aro required in Uiu'oproaontod Districts .

      Untitled Ad

      LOANS AND INVESTMENTS . WELLINGTON LOAN & INVESTMENT ASSOCIATION ' ( Limited ) , 3 , Ohatham-plaoo , IJlaokfrlara , London . Deposits rocolvod nt 0 por oont . Intoroat , payable half , yearly . ¦ . Lonna granted at modorato rates Particulars of 0 HAHLBS W . ROB , Socrotury . N . B . Akoijta roquirod in town and country .

      Untitled Ad

      VIYR PJGR OENU ? . on sumsrfw Mm ^ mm & , or at HQvon daya' notloo , or Throo Por ^ m&ft » HS * ia < K -0 rfM rp Tlw HJsfit lion . % U ISftrl of 8 | fi ^ raS kPv OflleoB , 0 , Oannon-strool ! W « st , M . 6 . ' > C ^ TVX N ^ P ^ '** "A » i > f ¦¦¦ ill ii ^*^

      Untitled Ad

      ACC . ^«« » fc .. < c Insuru ¦ ¦ -.. ' ¦ u O . Hi PERSON in every FIF- , TEEN is . uor los . v iiiju ^ od by Aooidontyoarly . An Annual Payment of £ & secures A FIXED ALLOWANCE OF £ Q PER WEEK XN THE EVENT OF INJUBY , OR AlOOO IN CASE OF DEATH . PROM ACCIDENTS OF EVERY DESCRIPTION , By a policy in tho RAILWAY PASSENGERS' ASSURANCE COMPANY , Which has already paid in compensation for Accidents Forme of Proposal and Prospootusos may bo l' % tho Oompany ' flOmcoB , and at all tli" !> rltR'lpa Haihvnybtat onst whoro , aW , Railway Aocldontaalo . no ¦ may bolnsurcdagaiusli by the Jou , rnoy or yoar . NO CHARGE POR STAMP DUTY . > > CAPITAL , ONE MILWON / fi v " l " . , v . ' M'XLLIAM J-BaWU % « j ! Wf ; -v ( - Railway Passongors' Aasiiranoo OompnlW . . m \ Y ^ } , ff /'" 4 - jt Omooa . « , Old Bfoact-stroot , Londoi ^ g , WS ) *» & < $ §\ f \ * ¦

      Untitled Ad

      LAW PROPERTY & LIFE ASSURANCE SOCIETY . 30 , Essex-street , Strand , London . Capital , 250 . 000 J . DIR . ECTO . I 1 S . Ralph T . Brockman , Esq ., Folkestone . Edward Wm . Cqx , Esq . 36 , Russell-square . George Frederick Fox , Esq ., Bristol . E . E . P . Kolsey . Esq ., Salisbury . J . Mead , Esq ., 2 , King's Bench-walk , Temple . H . Paull , Esq ., M . P ., 33 , Devonshire-place , Porfcland-placo . EIGHTY PER CENT . OF THE PROFITS divided among the Assured . At the first division of profits in May , 1845 , a bonus was declared , varvinn" from Two to Eleven per cent , on tho amount "" «¦ ' « manv *'• ' •—« s , to unw" , ihUiK A . * V 1 ' jSextrli *»• E * acted .

      Untitled Ad

      [ Established I 841 . J MEDICAL , INVALID , AND GENERAL LIFE ASSURANCE SOCIETY , 25 , PALL MALL , LONDON . Empowered by Special Act of Parliament . \ t the SEVENTEENTH ANNUAL MEETING , held On the 2 . 5 th November , 1858 , it was shown that on the 30 tn The Number of Policies in force was-....-----6083 The Amount Insured was . ' . . 2 , 551 , 136 ? . 6 S ; 6 a . The Annual Income was nearly . . 120 , 0004 . The new policies issued during the last 5 years are as * ° 5 ttWolicies for 2 , 599 , 658 / ., yielding 110 , 624 ? . in Premiums , showingah average yearly amount of new business of more thaU HALF A MILLION STERLING . The Society has paid claims on 1002 Policies , assuring 426 , 0 i 4 ? . since " its establishment in 1811 . . Assurances are effected at home or abroad on nealtby lives at . as moderate rates as the most recent data will . INDI A . ^ -Officers in the Army and civilians proceeding to India , mav insure their lives on the most favourable terms , and every ' possible facility is afforded for the transaction of ^ IINTVAlTd LIVES assured on scieutifically constructed tables based on extensive data , and a reduction in tne premium is made when the causes for an increased rate or premium have ceased . , t . ^« . ' »!» . •'¦' Policies issued free of stamp duty , and every charge but- , the premiums . ¦ : . "• ' '¦ . , ' . ¦ . ¦;'¦ . ., . , . . . In the event of death-during the days of grace , the nsk r , binding on the Society if premium paid before the days pf ¦ . „ £ oyaPcationto mg ^ gj $ ga ^ & #£ ; ? - ^

      London And County Banking Companyhead Office, 21, Lombard-Street. .

      LONDON AND COUNTY BANKING COMPANYHead Office , 21 , Lombard-street . .

      Untitled Article

      q | p ¦ %£ ¦ A ( JpE R ^ e AND after WE N . POLITICAL , LIT RY , COMMERCIAL EKLY EWSPPER , : ' ¦ ¦• ' ¦ ¦ ¦ ¦ ' ¦ AND ' ; . ¦ ¦ . ' . ' . " . ¦ . . RECORD OF JOINT STOCK COMPANIES , BANKS , RAILWAYS , MINES SHIPPING , & < v

      Untitled Article

      ~~ VOIi X . No . 463 , ] SATURDAY , FEBRUARY 5 , 1859 . Price ' {| ggig . ^ ± ; H ^ 5 IICE

  • Citation
    • Leader (1850-1860), Feb. 5, 1859, page unpag., in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2280/page/1/