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

rIIHE BANK OF LONDON.
Capital 600,0001. (with power if Extension to 2,000,000/ ),
1,. 6,000 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 Mock ]Sankt.

BOARD OF DIRECTORS.
CHAIRMAN—Sir JOHN "%TILLIE/01 SIIELLEY, Bart., M.P.,
25, Park- lane, and Maresfleld-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-
manbury ), Spring-hill House, Upper Clapton.
Alexander Constantina lonides, Esc, Consul General Of Greece firm
of ',glides, Sgouta, and Co.), 17, Gracechurch-street
Charles Joyce, Esq. (firm of Charles Joyce and Co., Moorgate-street),
Gloucester-gardens, Hyie-park.
Henry Morris, Esq., late of the Madras Civil Service, 25, Mark-
lane, City.
Henry Muggeridge, Esq., Alderman and Sheriff of London, St. An-
drew's-hill, City, and Streatham Common, Surrey.
Alfred Wilson, Esq. (Yenables, Wilson, and Tyler, Queenhitke), Fir-
grove, Weybridge, surrey.
With power to add to their number, until the first General Meeting.
MANAVER.
The Bank Manager will net ►e appoatted until the Directors shall
have had am le opportunity of selecting for that important posi-
tion a gentlem ,n of flr,t-clas qualifications.
SECRETARY AND PROVISIONAL MANAGER.—IIetOIIIIII Scott, Esq.
SOLICITORS.—Messrs. Tyrfell, Paine, and Layton, Guildhall-
yard.

Messrs. J. W. and S. r)Srfitsott, 75, Old Bread-street.
Francis Cope and Co., 7, Lothbury.
AUDITORS.
(To be selected by and from the body of Proprietors.)
Offices (Ternoorary)-41. 1.4..,,tte-street City. -
log "iencnrellauskedoff idtrens 7,7 sr
Banking projectedi t lie re ti rhoep Po
ll* sn'inert n prt
haeffft-rd-o-
-v c, :spurn% no
ttelfresj °dig tn- Itte ccko
nptrei
tnnepffni
e.
the Introduction of
in ande novel
modes of banking ; it will rather be their object to follow
of those soundly-conducted and well-regnlated establishmentswsZes
management has contributed to place Joint-Steck Banks amongst
the most popular and flourishing of metropolitan institutions. Every
blanch of legitimate banking businesi win be comprehended within
the scope of its operations.
Accounts, both current and on deposit, will be releived, and in-
terest allowed.
Divi.lends, annuities.,pay of officers, military, naval, and civil, and
other sources c f income, will be received for customers ; purchases.
sales, and transfers in the publ e funds and other stocks, will be
effected, and circular notes of credit issued. yhe safe custody •f
title-deeds and securities belonging to customers, with convenient
access, will form a prominent feature in the arrangements of the
Bank;
'1 lie grounds which justify the establishment of this Bank must
he sufficiently obvious. The soundness of the j not stock principle,
its adaptation to modern modes 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 corm the bulk of toe floating capital lodged in
the ti ands 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 flu -
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 fot some time to
come continue to reap considerable advantages from this state of
things; while, should peace happily be secured, the activity result-
ing from release of capital, and renewed commercial enterprise,
will afford a legitimate and profitable exercise for the operations of
Banking.
The following statement of the present market price of the
leading Joint-Stock Bank Shares, and the Dividends upon each
respectively, affords the most c,laclusive evidence that ample room
exists for the profitable employment of capital in this branch of
business:—

Amount Market Present Increase in Rate per
Name of Bank. paid up
Valae per Value of Cent. of
per Capital, Dividend
Share. Share
(ex div.) per Cent. and Bonus:
London and Westminster £2O ' £4O £lOO £l6
London Joint Stock.... 10 27% 175 2034
Union Bank of London 10 27 170 lb
London and County.... 20 38 90 12
Commercial; Bank of}
.... ••• • j 20 31 65 10
London ..

Showing an average dividend of 141. 14s.
after payment of income tax, and an accumi
funds; also an Improved value upon the capi

per cent. per annum,
ilatlon of large reserve
tat paid up of 1181. per

cent.
♦s it will he to the interest of the Bank to have a numerous pro-
prietary, application. for small allotments will receive the favour-
able consideration of the Directors.
Applications for Shares, addressed to the Secretary, at the office
of the Company, or I. the Brokers, will be received up to and in-
cluding the sth of March, 1885.
41, Moorgate-street, City, February 13, 1855.
FORM OF APPLICATION FOR SHARES.
To the Directors of the hank of London.
Gentlemen,—l request you will allot me Shares of lOU
each in the Bank of London ; and I hereby undertake to accept the
same, or any smaller nuiaber which you may allo r to me, and to
pay the deposit of 10/. per share thereon, and execute the deed of
settlement of the Company in respect thereof, at such times and in
such manner as you may appoint.
I am, Gentlemen,
Your obedient servant,

Name
Address .. • ... ............. ...., ~
Profession or Business •• .
Date
N.B.—Every application for Shares must (in the case of persons
not known to the Directors or officers of the Bank) be accompanied
by a good banking, commercial, or professional reference.