The Express.
London, England, 1860-08-29 00:00:00

OTTOMAN BANIC.-(THIS DAY.)

This afternoon as extraordinary general inoeting
of the shay hollers of this beak was hell at the Lumina
Tavern, Hishortiste-street, Mr. A. H. LITARD (chAin-lau
of the eonipaa)) presiding.
The foti,.wwz report and statement of ..moants mere
taken as reed :

"The directors bog to submit to the shareholders the
accounts of the bank for the half-veer endin; June 30, 184.0.
These accounts, which have been duly exam:lied and verifi..l
by the auditors (Xessis. li. Tindal Atkinioa and James E.
(..ileman), show a act profit of 29,998/. Is. hL, to which is
to be added the stud of 1,3431. 4s. IL bnought
from the 314 of December last. This statement of the
prong and leas to the 37th June aloes not include auv
result of tle.l half-year's business at ilzyrout, the state of
paithal AMA's.th eyrie Lavi. disLegnaised “11 commerehil
transactions at reyrout, and having prevented the bninch,
up t the present time, from furnishir.g the onliwiry state.
meat of profit and lose. The dinsotors twee despatched the
secretary, Mr. (filberterm, in his character of inspector of
brinclios, to co-operate with the comptroller in the diffi-
cult position in which he is pl.,ced, and to report fully to t
as to the actual state of coeunercial matter.: iu that locs:ity.
The directors have to refer to the operation of the bank
with respect to the issue of the Turkish Loan of ISSB, and
to announce that, although not entirely closed on the
June, and, therefore' not included M the accomits
now submitted to the propristors, it has results],
after rtaliting the stock taken by the lan' in a not
profit of 15,1f5;/. 12.. ltd. ' • and considering this
in the light of an exceptional refit, unconnected with
the onliusry busine.o of the bank, they recontmend that
the sod suer. of 15,1 Ki. 124. 9d. bo curb:4 direct to the
merec fund, ther::.y rai. ing that fund to 1i3,19C/.
With tcf(renco to the distribution of the profits
of the half-ye.ie, they propene that a dividend
be declared for the half.rear at the rate of It per cent. per
..iiiiuni, free of incense-fax rad that the balance, then re-
of 10,1 W. Os. Ad., be ennied forward to the neat
aciasit. Arrangements have beeu made for Mr. Falcounet
assmitia^ the in inagentent of the branch at Censtentinep:e,
and, te.t.his involved the necessity of his residence th-re,
he has ceased to ho general manager, an otiee
which the directors do not propou to fill up.
The directors have to inform the shareholders that the
court hu, nu Ueh3lf Of the look, subscribed a sum of 230 t.
towards the re:ief of the smierms by the recent disturbances
in Myri.i, and they feel sere th.it in so doing they have only
anticipated the wi.ha of the proprietors had the urgency of
: ct.e permitted the till ectore to have pre..ietaly asked
their sanction.

" Liabilities To inpital, all paidsoo,ooo/.•
to l',4lll'Ve feud, 43,0001.; to bills of
;if-tweets due by the lsiul: and its brae* acs, as
deposits and cuirent aixeuuts, 41.8,44. V. 14..; "refit
and lom (exclusive unv peotl on the Tairkish
Len areannt), 31,Z111. M. :lit 1,017,7871. :le. td.
.Asset.: : By cash in hand in London and at the
Munched, 44,381/. fl,. 4d. by bills of elehaege and pro-
memory poem ditto, ditto, 312,9141. 9s. 7d. ; by beJances
due to the bank in current sicenuuta, 335,2301. 4e. bd.; by
tonna and (enmities. 274,614 f. 3d. ; by Coma;
(:4),0i.W. 2s. led.), 48,11001. • lesechold premises, husiture,
ke., in London and at the branches, 2,626/. 2s. 3d.-
1,1M7,787 (. 1..:A.
" Profit And Lem Account.—Dr.: March 14—To amount
carried to reverts fund, av resolves! et the meeting of share.
holders thi, Mite, SAM/. • to ifivideed paid at the rate et 8
per cent. Fe Nllo[llll. 33,0001. • to bonus paid at the rate
of 12.. per sluire 15,000/.-43,010
:Jane 30--To
balance, 31,341/. 1:1S. 91. ; total 74,3411. 9a. ;Al.
Cr. : Jan. 1. By balance brought forward from laid account,
::let Deeeniber, 1459, 44,313/. 4a. li. ; Jane 30. Byprente
to this date for the half-year, after making pronsten for
bail soil doubtful debts, general charve of the extebli..h-
ment,s,
including rant, direction, subiries, office expense
la (ieit exclusive of net iuoft on the Turkish lima lie-
count), 29,99 W. 04,3411. Ps. 2d. Juno 30. By
balanee brought dealt, 31,*.:11/. 9s. 2.1.
•• lye hove examined the several statements tran,,nitted
from the managers of the establishments at Cenatantinople,
Smyrue, sod (;.butt (which xtatemeuts have been passed by
the Court of bireveiro), and also the troika in London epee
which the .taws accounts have been framed ; and tve hereby
certify to their correctness, acconlin; to inch dennietits
and books, from the let January to the 30th June, 1860.
(Sigueeli "H. Trenvt. ATKINAON, Aalitorae
"James EUIVANU OILMAN,
The l'ttemeaft, in tuovire; the adoption of the report,
Le hi et die last meeting he Lel twee aide to report the
etfiir• el a s ie.tuesey state without the reeeption; bet new
the CY" was different. By the recent struggles iu
trade Lot received, of course, a Ilenle check, and it bed
been considerelpredeut to remove the book, from the bark.
Thilßt.a.• of thire;s in Serie justified the directors in carry.
lee over the Lege snot of 10,0091. to meet coot ingencies,
though he did Dot wish it to b, understood that
that sum WOlllll be absorbed. In tome,. He knew that
lento .Webs,' lure thought this was somewhat eecessiv.,,
but it was ter the interests of the erin,eni th,.t they
should have • large reserve fund, arid he nocenmeteled
the propuietim of the directois upon two grounds. first—
that the some peceieeel to be atrriett over were remit of
iehts which beve .:cerned to the hunk in an extrannlhairy
manner, sod SOCull Ily. g e ortonce of having
cousiderable rowrve fermi. Upon the Met ground he was
happy to ray that the Turkish loan ac; out was cleared en-
thely, and the mord that had tie, tied to the bank
amounted to 11,0J9/. They were, however, still bankers
of the and any meths f.-4m that femme would be
de:), credited to the hank. lie believed the Turkish
goveneuent to he an Went government. They were
dilatory, and put off paying tite money, lint paid in the end.
He hoped mud trust-.t that recent eveate would show them
the tie-linty of keeping faith with Eugland in future trees-
actions. He did not believe that the mint distertunees
were 10 any WAV promoted be the *entente govern-
ment, though thee might levee been aided by
ito office.. He 'had only further to mentiou,
in eonneninn with lamentable events, that a fund had boon
got up for the sufferers be the outbreak, rind the share.
Golden would be asked to einction a donation of 270. to
the fund. on behalf of this eminpany. (Hear.)
A dividend at the rate of 8 per cent. per annum, free
from in once tax, wee then declared; awl u resulutiou con-
firming the gift of 2.W. to the relief fund having been
carried,
. . . _

A r4dial vote of thanks was acoorded to the chairman
and dtrett.rs, and the meeting sepandeaL

SCINDE IMILWAY.-(TIIIS D. 4 K.)

An extmortlinary general meeting of the pm-
priest** of this railway was held this day, at the ictices
o: tht, cotispluiy, Gresharo•house, Old Brosil.street, tar
the purpoie of autlawising the directors, under the
sanction of the Secretary of State for India in
council, to raise the Ann of $3,0001., in addition to the corn
of 2.-sl,tlUl4 . eilnudy iannorised to ho mind by the issue of
hotels or debentures. with the option to the holders of such
hoods or delientinei of converting the same into Scrods
Railway espiial stock.
W. P. ANUREW. Esq., the chairrr.an of the directors,
presided ; and iu opening the said on the Lot
ocnision they hail tee permission of the shareindders to
raise r,4x),00r. willitional capital by th isrer of stock, with
perrer to issue ;seals and debentures for 250,00 W., the
holders having the priviloge of converting the bowls into
stock. They now desired more:. a incisor." of pruenutiou
theca Anything Cl,-,o raise Kl,Otat'. oddities's!. The
fernier sum of 2:10,00N. they had been able, with their
wand gaol fortiine, to rrie, without env ill:tie:illy, cod the
whole ..' it had been paid into the tre.uiry of rho East
India Company. They might not want the /53,0110 e., but
lookiiig at the uncertain state if affairs they thought it more
prudent to take rue power to raise it. They Lad &trendy ore
tame.' the pea iriwsien of the :secretary of State for helix. He
h:ale; on a tool IMlco.:cmi.ni of the ris.:4; imps ittenceof the
port of Kurnwhee, out he wee in • position to state that its
mperity was incroasing, and that euntoridinz European
Wert, 64,61.1616:14 tiientselves theioseiver then., no
that when the taxiway was opinesl tniffin would be ready
for it.

lei answer to queetiene front eharelloltlerx,
The tittintext: further tinned that the 83,000 f. would
not be in rm.,. of the 1,500.000/, they were empowered
to nine, oud th:d they expected. the line to hu open by the
end of the year, units.. delay ...ennui through sickneem of
the workmen, which., front the last advieut, there was some
rg-okon to few.

The CHAtRWAN *Len MOVed resolutiou, ernpow•
ening the directors to raise the KI,OitY.. which was put arid
carried. sad II yore of thenks having Levu given to the
cheiriwn, the uum:-..iez separated.

RAMIRO SCHOOL FENTI VAL AT MICAWELL-HILL.—
Ye.terdar *gathering of the ehildree of some of the Londe.
Ita„•...lrielvall. tool. place on the ettite of the Muswellt
hill Palace Land Compune, Ant th.• wetnet• of the ground,
with some condition and &thither in the preparations,
what may portly be awnh.:a in the nuctrtitiu eh& of the
went her on the eeening before, interfere( male with the plea-
eine. of the novas:ion. Aimee two thousand children were
brought out there by the Itreet Northeni Railway, and •
pretty large atseeld..,:e °leis:tom. e!tietly tem) the neigh-
Woring suburb° of lslington, Hot-neer, and tlighgate, ap•
the gunwhere el. f heath. and teats had
,17.7jeat up for their arceennothation. The bend of tl-e
I:old-dream Guard., and that of the Vietoria besides
a putty of vot4il:•is, who kindly gave their gratuitous asset-
lane!. contributed to amuse the c enreny, and P.m, COM-
peua.Loo for Coe tlioternforte of I and a threat.. ; sky
was atforded lty the .:ew of on 1OVC11• verdant burin-me 1
any t.. he f..unh wiatut titan miles of the Li,: .10w5.,( qt.
Nur.- The Louden Raggra 'School l'Moti had nothing to
ckt hi.h :Lis fedi