The Express.
London, England, 1849-07-04 00:00:00

COLONIAL BANK.

Yesterday, the halt-yearly meeting of this corn.
pany was held at the L radon Tavara. C MAMMA;
Esq. took the chair, in cansaquence of tha illness of Mr. A.
Colville, the chairman of the company.
Mr. CALVERT, the secretary, nail the f ,11 Airing report;
The direct es sow submit to the i roprie•ont, as required
by the Muter, the customary statement of the debts and
assets of the corporation, up to the 31st D-cember, 1845,
exhibiting the profits made by the bank during the half. 3 ear
ending at that period, viz.:
Marra.
Cbeelatien E137,232 17 4 specie
Deponts and Due to the bank in
other liabilities 477,626 IS 11 the ODluniex
Paid up espital... 390,000 0 0 bilis discounted
Toad to meet bad sad purcha4ed,
deb's
Proet ls,t23 I 6 past due
tank in 326,691 16 3
Due to the
the colonies on
cash credit and
curientaccounta 177,389 13 4
Doe to the to nk in
London on bus
remitted, melt at
bankers, SiC. ... 196,661 11 0
Eta* premises and
furniture MUD
dos and the
colonies 13,827 19 6
11,133,717 16 6 /1,133,717 16 6
The propeleton will perceive that the above statement
shows a diminished amount of profit, compared with that of
tiv corresponding pc riod of the previous year—a diminution.
however, qaite eapected, from the reduction which has bees,
made in the transactions and conse‘Tit liabilities of the
'tur na directors,
'turnable The directo, neverthe , have pleasure I.
reporting, that under this reduction, he business of the
bank has been going on steadily and satisfactorily. The
position of the corporation, both as reg irds general circum-
stances and the condition of its debtors, remains so nearly
similar to what it was when the directors made their last
statement, that they have on this occasion nothing further
to add in reference to those points. In pursuance of the
reasons stated in the last report, the diractors again recom-
mend the payment of a dividend, at the rate of 2 per oast.
per annum on the paid-up capital, or 1 per cent. for the
half•year ending 31st December, 1849, out of the net profits
whi:h amount, as per preceding statement, to 18,2231. Is. ea.
Required for dvidend, 6,0001 ; having 13,2231. le. eid. to be
added to the existing fund for bad d,bts, amounting to
32,6341. 18s. 91., which will then stand at 45,8681, 0.. 3d.
After some discussion, the report and accounts, on the
motion of the Chairman, seconded by Mr. Barlett, were
passed unanimously.
The dividend was then agreed to, and Sir Wither M. T.
Parker, Bart., was elected a director in the place of Henry
Barclay, EA.. resigned.
Mr. HANKEY moved a vote of thanks ts the directors
for the great labour and anxiety they had incurred on ac-
count of the bank during such disastrous times. Taking all
things into consideration, he thought the proprietors ought
to congratulate thamselves on the position in which the bank
wee now placed.
Mr. SHORE seconded the motion, which was pasted
unasimoutly.
The meeting then adjourned.

IRELAND.

DUBLIN, JULY 3.
THE QUEEN IN IRELAND.

At • meeting of the corporation, yesterday, the
Town Clerk read a letter from the Lord-Lieutenant
to the Lord Mayor, enclosing a communication from
Sir George Grey, announcin ; that her Majesty will
visit ha Irish subjects as early in August as the ter-
mination of the present session of parliament will
permit. The Home Secretary's communication stated
that, in canseqtrence of the distress prevailing in
this country, her Majesty will not visit Dublin in
state ; and that the Queen purposes to embark in the
royal yacht, and to visit the Cove of Cork in the first
instance—thence to proceed along the Irish coast to
Dublin, and, after remaining in this city for a few
days, a the Lord Lieutenant's guest, to visit Belfast,
and crow over from the north to Scotland.
The town-c runcil then proceeded to the election
of a Lord Mayer for the ensuirg year, and a most
stormy discussion ensued on the question whether
Alderman Kin,hsn, or Mr. John Reynolde,
should be chosen. The &bate was vehement and
personal, Alderman Hudson, the leader of the Tories,
making a very bitter and taunting speech against
Mr. Reynolds, mocking at the hon. member's since-
rity, sal imputing selfish motives to him. Mr. Rey-
noMs was finally elected Lord Mayor, by a majority
of 30 Igainst 13.
As the approaching visit of her Majesty is not one
of Mate, it is supposed that the present Lord Mayor
of Dublin will not be made& baronet, but that knight-
hood will be tendered to hire.

MURDER IN TIPPIMAIII.—Mr. Denis Egan, son of
Kicking Egan, Big., of Eslly&nagb, Mont gal, near Den-
karts, amity Tipperary, was allot on Sunday, the lit inst.,
by tha band elan sassisin, while going to ehapole—Corre-
apentlint se slit livelson'i Jetinsel.