The Express.
London, England, 1853-05-26 00:00:00

NATIONAL BANK OF IRELAND.

The adjourned annual general meeting of thepro-
prietors at this bank was herd yesterday, at the offices, 13,
041 Ilroad-street. On the motion of Mr. Rudinz, Mr.
NEWSOME was called to the chair. The only business
transacted was the supplying a vacancy in the direction
with the name of Mr. E.liott...
. _ _

The annual meeting was held &limit immediately after I
the termiuition of the adjourned meeting, the chair being
again taken by Mr. Newsome.
The SECRETARY read the report, from which we take the
following passages :
" the directors beg to submit to the proprietors their
eighteenth annual repor, and they do so with great
pleasure, inasmuch as the result of the year's trans-
actions has proved highly satisfactory. realizing all that
the din eters Lad cn previous occasion ventured to
predict of the capabilities of the bank, a:141 affording un-
mistakeable evidence of the increasing confidence
which this national institution enjoys in the public mind.
Flee year 1832 in Ireland was one of uniform tranquillity,
=marked by political or commercial excitement. The
\arrest was a fair average one, all kinds of stock com-
manded remunerative pricer. Fresh sources of euterprise
end activity were opened in different parts of the country,
sad altogether the transactions entered into by both the
csammerciel and agricultural clas, es were generally of .I
este sad successful a character, that although the ram et
ilialeet an money has again ruled very low, the past year as
the whole has been a favourable one for banking. The
directors have unhesitivingly afforded the most liberal as-
ebtanee towards developing and advancing that impeove-
meat which happily is now manifest throughout Ireland, is
which liberal policy they are sure they only anticipated the
the wishes of the proprietary. Indeed rs decided and unt-
ying hex bees the increased prosperity of the country,
thee seem small branches which the directors feared they
might be compelled to clam as usproducuve, now yield
a profit, and the director, have even been induced to
open new branches at Mountmeliick and Lismors
with (as the directors hope) every prospect of success.
The undivided profits at Dec ,
1852, were £3,055 16 11
Fund for doubtful debts 5,386 11 4 8,442 8 3
Net profits for the year 1852 after providing
for the donb:ful debts of that year 32,220 0 6
Deduct half-year's divi-
dend to Midsummer,

£40,662 8 9

Ditto to Christmas, 1862 9,000
--..1.8,000 0 0
To doubtful debts ezistion at
Dec., 1861, now written off 14,687 13 8
32,687 13 8

Leaving amount at credit of reserve fund at
Dec., 1852 £8,074 15 1
And the second that of assets and liabilities."

.....
The CHAIRMAN moved the adoption of the report M
the usual form. _ .

The Rev. Dr. Manna complained very strongly
of a circular which he said had been distributed by some of
the directors in opposition to his candidateship for a seat at
the board ; and concluded by moving as an amendment the
appointment of &committee of three shareholders to inquire
into the conduct of :he directors with regard to the issuing
of proxies.
The amendment, though it was seconded by Mr. RAs,
and excited a long and angry altercation, was ultimately
withdrawn ; and the motion was then carried unanimously.
The meeting then proceeded to the election of directors.
The election of Mr. J. Hartley bythe board sins the last
meeting was confirmed without discussion. _ _ _

The CHAIRMAN proposed the re-election of Mr. J. Dunne,
which was seconded by Mr. GARTLAND.
The Earl of Hammes:avow nominated the Rev. Dr.
Magee, who, he said, was entitled to the oSce both for
his business habits and the cottidence reposed in him by a
large number of Roman catholic@ in Ireland.
Mr. D..O'ConmELL seconded the amendment.
A ballot was then taken; and the result was, that Mr.
Duane, Mr. Guinness, and Mr. Ronald, who retired b
rotation, were re-elected; and that Major Oliphant sad
Mr. J. B. Smith, wbo were proposed by-the chairman,
were chosen to supply the vacancies which had stood over
from the last meeting.