The Express.
London, England, 1864-07-22 00:00:00

it eat thought that would cause a optimising, and the noise
would be beard.
Ir. Paget—la Mrs. Goldearcrtlay here?
Adds.—So ; she is confined to her bd.
Mr. Paget said there was no cue of which he could take
aid discharged the primmer.

lIIDLA-1D BANKING COMPANY.-(THIS DAY.)

The second ordinary meeting of the members of
I) I company was bold this day at the London Tavern,
Mr. H. H. HANRET in the chair.

The following report and biLsnetralreet were read by Mr.
Tiwysox, the secretary.
Pennant to the articles of usoclation,the directors have
con to lay before the shareholders a statement of accounts
and b.d.inc.e-sheet for the half-year ending 30th Jane, 1864,
certified by the auditors. From the balance-shoot it
cull appear that the gross profits of the half-year, Including
1.71.:. lti• 2d. brought forward from last aocount, after
for bed and doubtful debts, hove been
11.7041. 85. 3d., and that, after deducting interest
laid to customers, Lc., rebate of interest on bills
.I.i.,utted and not due, and all the current
of the bank, there remains • balance of 3,5131.
11... NI. The directors recommend that out of this last-
n.entioned sum there should be 370/. 12a. 3d. written off
;:e:inrinary expenses, being at the rote of 10 per tient. per
• ; that 1.459/. 35..^.d should be appropriated to the
iy trent of a dividend at the rate of 5 pee Nat• per annum,
e if income tax, upon the shares of the company, upon
Pr per share have been paid ; that LOC3I. should be
• -e,l to the credit of a reserve fond ; sod that the balance,
L.', D3d., s. should be carried forward to "profit and loos"
raw account. During the half-year branches were opened at
l'rerborough, Shrewsbury. and a brooch buboes since este-
b: abed in the important city of Linooln,with every prospect
of ultimate sumo+. The directors have every reason to be
with the result of the operatioos of the brooches
ic,rally. and they believe the shareholders will be of
• that the payment of a dividend of fire per cent.,
free of income tax, sod the formation of a reserve fend, out
of le;itiniste banking profits so soon after the establishment
cf the bank, are facts which justify the anticipation of •
lar.;e amount of future success. The directors retiring at
C... meeting, in accordance with the articles of easociation,
Camille Francois Picard Esq., Thomas Shepherd I: -benison. Esq., and Robert Whitworth, Faq., and who,
/cue eligible, offer themselves for reelection.
Ralance-sheet, Jun. 30, 1864. -Dr. : Capitol paid up,
C: ; amount due by the bank on current, deposit, and
accounts, 191,0341. 16s. 4.1. ; drafts on agents out-
s. nding and liabilities on acceptances by the busk, 47,605/.
...a 238,660!. 13s. 10d. ; profit and loss balance
brolg'it from last account, 1,7134 16s. 2d. ; gross profit for
tt. Ulf year, leas provision for bad and doubtful debts,
12old.; together, 11.704/.85.3d.; total, 314,739/.24.1d.
Parhame of freehold and copyhold property and bank
EtCngs at bead office and branches, 9,2561. lie. 7d. ; par.
chase of business at Wolverhampton and also at Hereford,
rash on band, 3i,970/. Oa. 7d. ; bills and promissory
totes discounted and other advances to customers, 252,430/.
; preliminary expenses and expenses in establishing
tnr.ches, 7,4121. 4s. 6d.: current expenses, including all
sal .rues, rents,rents,kn., at head office and branches, and directors
remuneration, 3,8111. 19s. J.l. ; interest paid on current and
ilepoeit accounts, tem., 3,837 f. 18s. &L ; total, 314,739/.
Id.
Profit and Loss Aorrount.-Dr. : Current expenses, as
3,1.111. 19s. 9d. interest paid to customers, &e,
10... Bd. ; rebate on bills not due, carried to new 6C.
must, MO!. 18s. 2d. ; amount written off preliminary ex-
penses, 370/. 12s. 3d. ; dividend at the rate of 5 per cent.
per annum for the half year, 1,439/. sa. 23. ; reserve fund,
I.ltlo'. ; halloos carried forward, 7134 14s. 3d. total.
11.7141. 84. 3d. Cr.: By betimes bronghtfrom last account.
Ice. 2d. ; gross profit for the half.year, lees prowl-
-5,00 for bad aid doubtful debts, 9,9901. 12s. Id. ; total,
11.704/. t 4. 34*

The report was adopted, the dividend deelared at the
rate of per cent, per annum, and the retiring directors
re.eleeted.

.10 extraordinary meeting was sahsegwentl• hold, at which
resoletions wan passed =liking attain alterations in U.
articles of association.

UNION BANS OF IRELAND (LIMITED).
( THIS DAY.)

The third ordinary general meeting of the share-
holders was held at 1 u'ciock, at the Lowden Maven ;
If. Bscct is the chair.
The report aid _

The directors have the satisfactioe of submitting to the
proprietors their report of the result of the operation, of
the tank for the half-year ended the 30th June,
13(4. The net profile, after paying current expenses,
interest on deposits sad current accounts. and =keg
full provision for all bad and doubtful debts,
unmet to 5,432!. Se. 4d., which, added to
4,12fi!. Ils. 3d., brought forward from last amount, gives •
total available balance of 9,1581. 15e. Id. This sum the
directors propose so appropriate as follows:-1,6001. to be
set aside as the commencernest of • reser.* fund t 1,0001.
to be placed to credit of preliminary expeases ; S.CCX. in
payment of a dividend of 10e. per share free of moose tax
(being at the rate of rather more than per cent, par
annum), leaving 2,0531. 13*. Id. to be carried to
raw account. It is gratifying to the directors to
le in a position to state that the business at the several
brioches continues to make steady and satisfactory program,
as intimated in the lut report, a trench was opened at
Cbarleyille in February last, and the anticipations
e the directors regarding its success have been fully
reoleed. The directors feel great pleasure in being
able to report thee the accounts from all parte of
Irel Ind represent the prospects of the caning har-
vest as most favourable, the rsalwtico of which, in
pr,rooting the general prosperity of the country, meet fail
to prove beneficial to the interests of the bank. T'he prin.
aide that was adopted at the commencement of the bank, of
en,ployieg in Inland the deposits of the Irish people, eon.
hues to be steadily adhered to by the directors, who
feel conyiseed that while this policy affords least
important gad material aid to the conntal.?
will secure the antidotes and support of all
Is accordance with the articles of association, four directors
retire by rotation, via., J. B. BIM, L. Freest, David Hew- I
deo. and W. D. Seymour, Feint., who being eligible. offer
themselves for reelection. The auditors for the pent year,
H. Barnet and E. Miner, Eget also retie, but
elicible err themselves for reeleicticia..
The CHAIR-MAI, in moving the adoption at the report
and accounts, expressed his regret that the chairman of the
board was neforterwately absent from Slum The
accounts showed the steady program at the
back. The deposits showed a coesidorable
sod concurrently with the the loses to customers MIDI=
had also increased. If the Irish peoplesupportad the beak it
wo,ill support them, but everyone who was acquainted
wish bon:. tog knew that it wonld not do to Ind mosey
mere, to obtain interest. (Hear, bear.) The pest sail
which the company had to complain of was the monopoly
of the circulation of bank notes; and the very parties
who had abused the right of circulation were those to whom
rime it was entrusted. It was monstrous that a company
Ike that should not be able to none a single note. Even the
issue of bank post bills—a branch of operations which had
bees very snouseful—bed been interfered with by a rival
establishment, which discovered that% wasprobibited be set 1
of parliament ; but a deportation headed by Sire. O'Loghleo
waited on the Chaacellor of the Exchequer on the subject,
acid the result was that a bill was passing through Fiala*
meat, with the sanction of the right boa. gentleman, to
authorise the issuing of bank poet bills by that company.
(Cheers.) He added that the harvest prospects of Ireland
were very good, and that if flax cultiYatioa became preva-
lent io the south its prosperity would woe equal that of
ti, Dori h. (Hear, hear.)
m•GAREL seconded the motion, which Wan adopted.
.1 dividend of ltia. per share, or 4 t percent. per annum, was
.;il,,,,piently declared, payable on sod after the 20th inst.,
:ad the proceedings tormeated in the venal manner.