The Express.
London, England, 1864-07-19 00:00:00

CITY BASK.-(THIS DAY)

To-day at noon, the half-yearly general meeting
of the shareholders of the above bank was held at the
London Tavern ; Prima Btu, Esq., in the chair.
The following report and accounts were adopted :
•• The directors have to submit to the shareholder' the
sneezed statement of the liabilities midmost' of the City
Bank. end of the profit and loos account, for thesis months
ending the 30th Jose last, which show a bet profit of
57,9681. 17s. Sol., end enable the directors to declare the
usual dividend of 6 pet cent. per annum upon the peidatp
capital, and a bonne of lie. per share (together equal
to 10 per cent for the half-year), free of ia-
come tax ; to place 10,0001. to the reserved
fired (thereby increasing it to 140,0001.); and is
carry forward to the new profit and lows account
7,9601. 17s. fid. This very satisfactory result of the half.
yeses operations bus reduced the directors to increase the
eserved fond. The directors have to anaonaos, with great
regret, that Mr. A. J. White has been compelled by con.
tinard ill-Iseelth to r -sign the appointment of manager,
which he had held since the formation of the bank. The
directors believe that the shareholden will medially
approve of the grant of a retiring pension of 1,5631.
per annum, male to him in recognition d
his pest most valuable services ; and, subject to the con-
firmation of this meeting, they have elected him to • sent
at the baud. Mr. Juba W. Duncan, late so-manager,
ad Mr. Alfred George Kennedy, late country meatier of
'the London Joint Stock Bank, bare bees appointed joint
managers. The huainees of the Bond signet branch coo.
tionee to progress satisfactorily. The forma required by the
Board of Trade having been complied with, the amount of
paid up capital from the let of July lest is 500,=9/. The
directors who now retire from office, in rotative, an—Mr.
John Haekblock, Mr. Andrew Lewd., Mr. William Mee-
naughtan, all of whom offer themselves for re-election. The
dividend and braes will be payable at the bank on sad
after the 26th inehtet.

Acasts, Jnoe 30, 1964.—Dr. : To capital
paid-up—viz., 504 per dim., or. 8.000 shares, 400,0001. ; to
amount of reserved fund, 130,0004 ; to amount received
on account of new shares, 1C9,0001. ; to amount dos by the
bank on current end deposit amounts,..,:irlbrobloi Wow
of credit, lui., 4,781,6334 Ils. Rd. ; to t andloss far
the baberee of that atecont (viz.. as_ profit brought
forward from last half-year. 9,3801. 19a. Bd., skim ofifivde
73,8561. 9s. ld.), 83,236/.Bs. 9d. ; total, 4494,8701. N. sd.
Cr.: By Exchequer bills, government secoritior and FAA
fedi& debentures, .::,980/. re, 4d. ;by other debeaturin.
10,2431. 15a. Od. —309,2214 10a. 4d. ; by other securities,
including bills discounted and loses, 4,449,2181. 7s. Bd. ;
by bask premises in Thresdoeedlectreet and Old Said-
street. furniture, Scares, du., 29,9444 Ib. ; lq cosh in
head,
3,494 at Bank 0870 f E
On. hnglad.nd and at call, 706,4821. Ts. sd. ;
total. ,1.
"Profit sad Loss Account, Jape 30, 1864.—Dr.: To
current espouses, including salaries, rent, swim:wry, direc-
tors' remuneration. proportion of building expenses, allow-
ance for bad and doubtful debts, income tax, he.. 14,2141.
18a. Ild. ; to amount carried to profit and late, new ac-
count, being rebate on bills discounted not yet due, 110511.
12,. Id. ; to amount transferred to reserve Nod, in addition
to the 130.0001., already at eh* credit of that sceount.
10.000.1. ; to dividend account, for the permit of a
dividsed at the rate of N. per oeotoro par annum
upon 400,0C3/., amount of paid.op capital upon 8,000
shares, 12,0004 ; to bonus of 3!. 10s. par share cm 8,000
sharea, 28,0001. ; to undivuled profit tnuiderred to profit
and loss new account, 7,9694 17a. 9d.—total, 83,2361. Bs.
9d. Cr.: By balance bi3light down, viz. :—Surplus profit
brought forward from last half-year. 9,3801. IN. M. ; Mina,
added, 73,8331. 9a. Id. —total, 83,236/. 86. 9d.
" We have examined sod approved the above acconats,
OWEN Levu, JOHN auditors."
Resolouons were agreed to increasing the capital of the
bank by 1,(:3,(31. divided into 10,000 shares of 1004
mob, the appropriation being in the hands of the directors.

LONDON DOCK COMPANY.-(THIS DAY.)

The balf.yearly meeting of the shareholders was
held at WOO, It the London Tavern ; Yr. MAXIMO in the
chair.

The report stated that the dotal profits of the half year
amonoted to 3.770/. 2s. 2d., and the expenditure to
200,2i1f. 10s. frl., leaving a h.daoce of 9.3,5331. lls. 9d.
From this was deducted 2.3,101 f. 14s. ld. for interest on
debentures, leaving 70,1Y3 i1.17r. Sd. available for dividend.
A dividend of 1/. 15w per cent. for the half year, free of
iaoeme tax, was recommended for decLunttoe.
The Cnentstait observed that that was the last occasion
on which the directors would meet the proprietors under
the eluting state of things, seeing that before the period
for holding the next meeting the amalgamation with the
fit. Katherine's Dock Company would have come into
operatioe. . .

The report Wee adopted, and ► dividtad ►t the rata of Zti
per oast. per ►loom declared.

THE ALEXANDR.t.--ThiS teasel, about which eiD
winch discussion took place in the Court of Queen's Sena,
left the Mussy ma Sunday for Neiman with • ;aural cargo
of merchandise. The name of the vessel, however, has
be.. changed, and she is now celled the Mary, and we
believe she into be a trader between the Mersey and Nassau.
—Times.

1131 A OF WIGHT RAILWAY. —The railroad between
Byde and &stake will, it is expected, he opened for
truffle in ahout a fortuight. Touriste and exoaroWsioto
thee be able to reach the hack of the Lk of Wight and
the mat beautiful part of it from the mainland at Ports-
mouth or Stokes Bay in about three quarters of en hour.