The Express.
London, England, 1849-05-25 00:00:00

lONIAN BANK.

Yesterday the annual general meeting of the pro-
prietors of this bank was held at the offices, Great Win-
chester-street. CHARLES HANCOCK, Esq., in the chair.
The SECRETARY read the report of the directors, in
which they congratulated the proprietors on the present
state and excellent prospects of the establishment. In
the report for the previous year the necessity
I eolith existed for caution and vigilance had been
particularly adverted to, and the events of the put
year had called for the most energetic exercise of
4th qua ides. A few disaffected persons, taking advantage
of the c entsgioua excitement existing throughout Europe,
bad, in the course of the year, caused a run on one of the
principal branches of the hank—viz , that in Cephalonia—
and fears were entertained that tr e panic might have extended
to the other branches. The directors determined, there-
fore, to leave nothing to chance, and, at c oniderable expense,
remitted a quantity of specie amply sufficient to meet tho
adverse contingency. The run was consequently met with
firmness, and the result was that the resident:lint was fixed
on a firmer basis than ever. The circa, attending the
operations connected with the transm ssion of ths specie,
had necessarily been considerable, ano had absorbed much
of the sum which should otherwise have been added
to their surplus fund; but after meeting all the extraordinary
expenses of the year—providing for bad and doubtful debts,
and paying the usual dividend of 6 per cont., there remained
a clear surplus of about 4001. to be tarried to the credit of
profit and loss, on the transactions of the year. In other
respects they had go^d grounds for confidence
in the stability of the undertaking, which had
sot only stood its ground, but considerably advanced
its position during the year. The various branches
bad been inspected by, a member of their body during the
year, who reported that they were most zealously and
efficiently managed by the agents employed, and that their
affairs generally were in a sound condition. The balance
remaining to the credit of profit and loss on the Ist January,
148, was 12,0571. 13e. 6d., to which was to be added the net
profit for the year 1848 amounting to 9,400/. 4s. 9d., and
making a total of 21,4571.185. 3d., from which were to be
deducted two half-yearly dividends at 6 per cent., amount-
ing to 8,9851., and leaving a net balance of 12,4721. Itis. 3d.,
to be carried to the credit of profit and loss.
In reply to a qu• Won by a proprietor, the elairman stated
that the loss incurred in consequence of the run " was
about 3,0004
The report was then unanimously adopted, and the out-
going directors, Messrs. Ferrer and Lloyd, having been re-
elected, the proceedings terminated with a vote of thanks to
the chairman and the directors.

THE INDISPOSITION OP ML JOSEPH HUME.—
Thar is no troth in a paragraph which has been extensively
circulated, that the hon. member for Montrose bas bad a se-
rious attack of water on the asst. This report bus caused
much anxiety, and many inquiries. from Mr. Hume's large
circle of friends ; and we are requested to state that he has
N; far monied from the attack of influenza under which be
has been suffering,that the how. jetadvman lies gone to Nor-
folk to recruit his strength, sad will, it is believed, mama
his OM in parliament in abort a week.
MILITARY Earrem.—The sestebee of the Com-
mander-in Chief upon Robert Hare, Quartermaster of the
Blied Regiment, was yesterday received at Devonport. The
mew against the quartermaster wee of having appropriated
to kis Mae nes saxes which were supplied for the regiment.
114 be exesesed by be dismissed the lorries. The elatiaos
be.ese of mach leverfey.