The Express.
London, England, 1863-02-07 00:00:00

LONDON and COUNTY BANKING
COMPANY.
subscribed Capital £1,500,000, in 30,000 Shares of 150 each.
Paid-up Capital, X 300,000. Reserve Fund, £170.000.
DIRECTOR&
Thos. Tyrlngham Bernard, Faq., Frederick Harrison, Esq.
ILP. Edward flagella, Eq.
Philip Patton Myth, Esq. Wlllham Champion Jane Esq.
John William Burnesses, Esq. James Laming, Faq.
Coles Child, Esq. William Lee, Esq., M.P.
Hugh C. E. Childers, Esq., M.P. I William Nlool, Faq.,
John Fleming, Esq.
GENERAL MANAGER— BIB= M•bevran, Esq.
Mow nisei:croft—W. J. Norfolk, Esq.
AMMER °WIRRAL MANAGER—WiIIiam Howard, Us.
CHEEP Amoy/muss—James Oray, Faq.
insmeroas OF BRANCHES—J. Tullocb, Esq., and G. A. Addi-
son, Eq.
Head Ofete-21, Lombard-street.

At the ANNUAL MEETING of Abe Proprietors, held on
THURSDAY, the 6th February, 1818, at the London Tavern,
Blehopagate,etreet, the following report for the year ending the
Slot December, 186! was read by the
WILLIAM NICOL, Zoe Mal.ertZe Chair.
REPORT.
The Directors. in submitting to the etors the account, of
the Bank for the half.year ending Slat December last, have to
report that, after making ample provision for bad and doubtful
debts, in^ludlng some unusual charges which had fallen on the
brifieer, interest to customers, expenses of management, rebate
and Income tar, the net profit amounts to .f. 44,654 4a, fid., which
snm, added to £776 les. 7d. brought forward, melte In a total
of /AAA! Is,

own tise;bove sum the Directors recommend that the usual
dividend of 8 per cent. be declared, together with a bonus of IS
per cent., making in all 184 per cent. for the past year. This
arraosensent leaves 4:1,403 !a to be carried forward to profit
and lose new account. _
_ .

17rederieiB•11WolZ Est•-htlett one of the auditors, has been
unanhaotudy elected to a seat at the board. This creates •
vacancy In the office of auditor, which it is competent to the
meeting to fill up.
The Directors retiring by rotation are William Nicol. Esq.,
M.P., James Laming Ilsq , and Thomas Tyriughate Bernard,
Lig., M.P., all of whom are eligible for re-election, and offer
themselves accordingly.
The dividend will be payable at head office, or at any of the
branches, on and after Monday, the 16th inst.

BALANCE SK
Of the London and County Banking Onnigeuty, Dec. EL 1862
DI.
To capital paid up
To reserve tend lit,ooo 0 •
To amount due by the hook for

cuTtitneis7 Erastiss 6 6
To liabilities on accqitances and
endorsements by the bank, cir-
cular notes, and letters of
credit 385,368 3 5
To profit and loss balance
brought from last account.... 778 16 7
To gross profit for the half.year,
after making provision for bid
and doubtful debts
-------- 1411.488 8 4

45.4311,110115 $

Da.
By rash on baud at Head-office,
sad branches ft.981,809 7 4
By each placed at call and at
notice
22,141,2 g 1 a

By goremmeat and varantend
stocks 651.895 5 5
By other docks and iterarities

By dlsoounted bins, notes, and 765,800 1 3
temporary advances to cus-
tossers In town and country.. 5,083,758 16 8
By advances to customers on
'pedal securities mass 7 7
--- 5,345,733 4 3
By freehold prezelms In Lcanbardetreet and
Nicholas-lane, freehold and Iseeehold -
perty at the branches, with &Owes and
fittings 104,724 3 2
By interest paid to customers 26,364 10 3
kly Wades and all other erPritlim at Hostl4le•
and branches, tarlatans, imams tat us profits
and Waded 62,111 14 111

55,435905 15 S

To Interest paid to customers 19611414 10 8
To erpen,es, as above
To rebate ombills not due, tarried to new saaniat 11,273 19 6
To dividend of 6per cent, for the half-year
To bonus of 11 per cent.
To balance carried forward 1,483 2 8

£145,0119 6 4
By balance brought forward front but secwant £776 16 T
By Frees profit for the half-year. after masking Pro-
salon for bad and doubtful debts

g 145,049 4
We, the undersigned, have examined the foregoing balance-
sheet, and have found the same to be onri,et.
—..----

(Signed) HENRY OVERTON,
twa
JOHN WRIGHT, """'
London and County Bank, Jan 20, 1863.
The foregoing report havink been read by the Secretary, the
following resolutions were proposed and unanimously adopted :
1. That the report he received and adopted, and printed for
the use of the shareholders.
. .

That a dividend of 6 per cent. be declared upon the capital
stock of the Company for the half-year ending the 31st December,
1962, together with a bonus of 14 per cent , both clear of Income
tax, payable on and after Monday, the 16th of February instant,
and that the balance of 1.1,4 M Ls. 3d. he carried forward to pro.

171/ist tgihanks7rthis meeting be given to the Board of
Directors for the able manner in which they have conducted the
affairs of the Company.
4. That the thanks of the meeting be presented to the auditors
of the Company for their services daring the past year, and that
Henry Overton and John Wright, Ewe, be reelected median
for the current year.
6. That Elc.hasit Hinds °wain.. Esq., be elected an auditor of
the Loudon and County Banking Company for the current year.
6. That the thanks of this meeting be presented to Witham
Mc/Cesran, Esq., the general manager, and also to the principal
and other officers of the establishment. for tih• seal and ability
with which they have discharged their respective duties.
The election of three directors haying been proceeded with,
the following gentlemen were unanimously re-elected Williams
Nicol, Pal., M.P., James Laming, thy., and Thomas Tyvinglas
henna* Bag. M.P.
MaifiserD W. NICOL, Chairman.
Thechalromn basing quitted the chair, it was revolved, and
carded unanimously—That the cordial thanks of this meeting he
presented to William Nicol. Eel., Sae hk able and cour-
teous sonductin the aide.
(Signed) W. C. JONWt Deputy-Chairmen.
inireeted been W Winies.
P. currnos, theretexy.

DIYEFORD'S PURE FLUID MAGNESIA
. M.D. dialog twesty4ve TWIN elblifooficoll7 ea"'
rats seediest profession, sad tioleersdh, pdcepepd by
Ise se the best remedy for acidity of the stomach,
beed•Olse, haat, sad indlartatioo, and •• a mild ape-
rient Iler &Ablate asessluitsone, more especially for ladles and
dohs.. It I. in a stale of perfect rutty and
Of OMEN DINNUOID and 0.., 171, New hoed-
V simi. Le
W. edom; said by all reepectsble sbeadete titrosdb.
et Os