The Express.
London, England, 1864-05-09 00:00:00

BAER' OP LONDON.-(THIS DAY.)

- .
An extraordinary general meeting of the share-
holders was held, at noon, at the Loudon Tavern, Sir J. V.
thasitzr, M-P., is the chair, for the purpose of comidering
and determining upon the following resolutions :
" That the capital of the beak be increased by the addi-
tional sum of 203,C31., and that each additional awat' be
divided into 2,000 shame of I‘ol. each.
"That it shall be lawful for the diradon to allot to any
person or persona whomsoever, and on such time and eon-
ditioos as they may think tit, any share or shares in the said
additional capital.
„That clause 3 is the deed of settlement, which pee-
vides that no persoe shall be 'otitis& to hold in his owe
mass any number of shame exceeding 300, except as therein
visentiosed, be altered by substituting the number 206 for
the number 200.

---"-That artMr 36 of the deed of settlement be altered, aid
that the same es altered be as follows, :—No perms
shall be capable of being a director ashler be shall be •
shareholder, as ashes he be possessed,. in hie own right, of
at last twenty shares in the company."
The Douce of the meeting, Melodies the reeolntios,
haring been read by. the SICArtalT (Mr. Alles),
The CHAIRMAN, ismos*the ArM resolution, said he
was sure it would be admitted as all trade that the success
obtained by the bask was most salideetory. While others
had done well they bad door better, and he thought their
moms was mainly attributable to the policy of the
directors from the cowasnencemeat, namely, that while
.

they Anil skive te give the disieholdes in
adequate return for their laeseteeente, they &mad
st the ease time take care to .seer* the esediesee of
the public. (Rear, bear.) It warn is eseurdesee with that
policy that it was new proposed to inseam the capital of
the bank by 200,0031. Isereasieg bonuses had laded ren-
dered that step aeesseary. and the object of the board wee
to iocresee the capital in such a manner that the shares or
property of the bank would out be deteriorated. He believed
that the premiums which would be °Mateo] oo the sew
shares would by the lumen made to the rest teed greatly
tl confirm public aoolidesee, sad when the proposed opera-
tion bad bees can :t I out, the reeerve food would base
reached such • tit.dre that the future profits would be fairly
divisible among the abr reholdora. (Cheers.) He trusted that
what was proposed would aware the greatest postibis
comas for the bask, both ter the pretest sad far the
future.

Mr. Film (Deputy Chainraa), semedsd the motion,
which wee carried ussatmously.
The resolutions bavieg been adopted,
The eliminate added that the resolvitMee had all re-
ceived the atisetion and eppromil cot only of the soliainse
of the Back, bat of the Booed of Tiede, end that if tame
should be soy surplus of shame after the eharebolders bad
had the option of talc* them at a had pries, they would
be sold in the market. He then moved the ascend reeolu-
tioa.

The monition hewing been mosixled,
Yr. B. Scorr (City Chamberkkial expressed his green
utisfectioe at the issaltion ef the bask, the prorrsinof
which bad been oratiasous, sad latterly very extraordinary.
He was confident that nadir the course ;maned by the
directon this increase of capital would sot be followed by
say diminution of disidead ; ea the contrary. be believed
that the beard would he embarivesed by tbe question whet
they should do with the growl% profits. (Laughter.)
A 'On, a abort dismission the resolution was adopted, as
were also the two 'subsequent ones, and the meeting tend-
sated in the usual maser.

TRUST AND AGENCY COMPANY OP AUS.
TRALASIA.-(THIS DAY.)

This afternoon the annual meeting of members
was held at the aloe of the Doe:pug, 31, St, bwitkieb.
lone.

Thor report weaned a eel profit for the year el
4,4011. fie., oat of which 16 num resommenclod that
a dividend should be declared al 7i per osatir
free of homestec, making, with the interest end
in Febiraary sad Av 1863, a total distribution oa
the year of early 10 ant. ; the whale at the intent
paid to December, 1 ' Ware there wee aay profitable
wading. should be recouped ; that the &beater. loaa ea.
peediture of 1862, smoualiis to 61111. 17s. 6d., should In
'Tines off, ad that the Waage a( 684 shadd be carried
fennel.

Tbs ecalacatr, is moving the seloptioa of the roes%
dated that the greatest awe was balsa to seam •We se
well as profitable basis's, solos ahoy* tbe
exerased, be mattlased that, la Victoria, eel coll
Vafor, rely 90,0001. bed bees posed. the
eirsisia the eenusittee at hews wee penal by the hag
that they were ambled to raise any ameeelli they woad
at 6 per oat. while Oben were readily pay* 6 pool&
The motes wee heat la the argosies at 10 eset., whisk
we °mildewed a very fair rate, the basing beer
psyiog before from 15 to 18 per ant.
The report was adopted, sod tie divided &dared, oak
at a special 'ostler bold afterwasde, the directors ware
authorised to Owe 25,0001. of awe sapital, of shish it
was aaderstiod that oily 12,6001. west' be et eeee raked.
red weld he offered to the presot elaushelders at Ha
premium.