The Sun.
London, England, 1855-02-28 00:00:00

THE BANK OF LONDON.
Capital flO.OOOl. (with power of Extension to 2,000,0000,
1,66,000 Shares of 1001. each. 501. payable per Share,
viz., 101. upon Allotment, and the remainder before or upon Incor-
poration; in pursuance of the Provisions of the Statute for Regu-
lating Joint stock Banks.'
• BOARD OF DIRECTORS.
Cn.iutstAN—Sir JOHN VII.LIER SHELLEY, Bart., M.P.,
25, Park- lane, and Maresfield-park, Sussex.
VICE-CHAIRMAN..
(To be appointed by an i from the Directors.)
John Edmund Anderdon, Esq , 10, Devonshire-terrace, Hyde-park.
Thomas Gooch, Esq., (Gooch and Cousens, London-wall), Brixton-
rise.
Jeremiah Greatorex, Esq. (Bradbury, Greatorex, and Co., Alder-
manbpry), Spring-hilt Heuse, Upper Clapton.
Alex finder Constantina lonides, Esq,, Consul General of Greece firm
of halides, Sgouta, and Co.), 17, Gracechurch-Street
Charles Joyce, Esq. (firm of Charles Joyce and Co., Moorgate-street),
Gloucester-garc ens, Hy.le-park.
Henry Morris, Isq., late of the Madras Civil ;,,l'ervice, 25, Mark-
lane, City.
Henry Muggeridge, Esq., Alderman and Sheriff of London, St. An-
drew's-hill, City, and Streatham Common, surrey.
Alfred Wit,on, Esq. (Venablea, Wilson, and Tyler, Queonhitke), Fir-
grove, Wey bridge, surrey.
With power to add to their number, until the first General Meeting.
MANAGER:
The Batik Manager will net be appointed until the • Directors shall
have had am le opportunity of, selecting for that important posi-
tion a gentlemen of flr.-t-cla,s qualifications.
SECRETARY AND PROVISIONAL MANAGER.—BelljaMill Scott, Esq.
SOLICITORS.—Messrs. Tyrrell, Paine, and Layton, Guildhall-
yard.

BROKERS.
Messrs. J. W. and S. R. Scott, 75, Old Bread-street.
Francis Cope and Co., 7, Lothbury.
AUDITORS.
(To be selected by and from the body of Proprietors.)
Offices (Temporary)-41, Moorgate -street, City.
- The Baak of London has been projected filsr the purpose of afford.-
ing increased facilities for Banking in the Metropolis and the Pro-
iitices upon the
it 9 promoters do nit contemplate the Introduction of any novel
modes of banking ; it will rather be their object to follow in the steps
of those soundly-conducted and weli-regnlated establishments Whose
management has contributed to place Joint-Steck Banks amongst
the most popular and flourishing of metropolitan institutions. Every
branch of legitimate banking businest will be comprehended within
the scope of its operations.

Accounts, both current and on deposit, will be received, and in-
terest allowed.

.
Dividends, annuities,pay of officers, military, naval,
and civil, and
will
be
other sources c f income, will be received for customers , iurchases,
sales, and transfers in the pubic funds and other stocks,
effected, and circular notes of credit issued. Ihe safe custody
title-deeds and securities belonging to customers, with convenient
"
access, will form a prominent feature in the arrangements of the
Bank;
The grounds which justify the establishment of this Bank must
be sufficiently obvious. The soundness of the joint-stock principle,
its adaptation to modern mcdes of business, the accommodation It
affords, and the security which it presents, have commended the
system to the judgment of the great middle class of society, whose
aggregate deposits form the bulk of Vie dating capital lodged in
the hands of the banking interest ; the increasing patronage which
has been consequently extended to Joint-Stock Banks has led to an
inconvenient augmentation of business in many of those establish-
ments, urgently demanding further Banking accommodation.
The period selected for this step is particulary opportune ;trade
and commerce being diverted from many ordinary channels by the
untoward state of our political relations, capital naturally seeks for
investment where it will be free from that depression and those flue-
tuations to which it is liable at such a period. The Joint-Stock
Banks have been rendered accordingly available for the sate de-
posit of unemployed capital, and will probably fit some time to
come continue to reap considerable advantages from this state of
I things; while, should peace happily be secured, the activity result-
, ing from release of capital, and renewed commercial enterprise,
ss ill afford a legitimate and profitable exercise for the operations of
i Banking.
The following statement of the present market price of the
leading Joint-Stock Bank Shares, and the Dividends upoa each
respectively, affords the most cAselusive evidence that ample room
exists for the profitable employment of capital in this branch of
business:—

Amount
paid up
p,r
Share.

Present
Market
Valee per
Share
(ex div.)

Increase In
Value of
Capital,
per Cent.

Rate per
Cent. of
Dividend
and Bonus: