The Sun.
London, England, 1855-01-19 00:00:00

THIRTY-FIFTH REPORT of the LONDON
JOINT-STOCK BANK.
At a GENERAL MEETING of the SHAREHOLDERS, held at
the Banking-house of the Company, in Princes-street, Mansion-
house, on Thursday, the 18th of January, 1855.
Sir JOHN M•TAGGAR f, Bart., M.P., Chairman.
Alderman Sir GEORGE CARROLL, Deputy Chairman.
DIRECTORS.
Archibald Hastie, Esq„ M.P.
William J. Lancaster, Esq.
Sir John M‘Taggart, Bart., M.P.
George Meek, Esq. •
Ambrose Moore, Esq.
John Timothy Oxley, Esq.
John Joseph Silva, Esq.
George Tayler, Esq.
Thomas Tilson, Esq.

William Bird, Esq.
William Blount, Esq.
Ald. Sir George Carroll
William Miller Christy, Esq.
Ald. Sir J. Duke, Bart., M.P.
Philip William Flower, Esq.
George Holgate Foster. Esq.
Francis Bennett Geldney, Esq.
Will. Ormsby Gore, Esq., M.P.
Henry Grace, Esq.
Tam MANlGEn—George Pollard, Esq.
Soaiorroas—Messrs. Clarke and Morice.

The following it eport was presented :
" The accounts which the Directors have now the gratification of
submitting to the shareholdprs show that the net profit realispd by
the Bank during the six months ending on the 31st December last,
together with the sum of 24,6951. 7s. 3d , carried forward from the
30th June, amounts to 93,6801. 2s. ad., which enables the Directors
to deeare a dividend at the -rate of 101 per cent. per annum, and a
bonus of 11. Is. 2d. per share, leaving a balance of 1801. 2s. id. Is the
credit of the guarantee fund, now amounting 0 156,0321. 10s. Ild.
" The seats in the direction which become vacant on the present
occasion are those of Philip William Flower, Esq., George Holgate
Foster, Esq., George Meek, Esq., and George Taylor, Esq., all of
whom have given notice that they are candidates for re-electon.
" The dividend and bonus, free from income tax, will be payable on
and after Friday, the 26th inst."
The preceding report having been read to the meeting by the Secre-
tary, a dividend for. the .half-year, ending the 31st December last,
after the rate of la per centum per annum, and a krther division of
U. Is. 2d. per share out of the net profit of the year ending as above;
were declared by the Chairman.
Re_solved unanimously, that the report now read be received, and
that it be printed for the use of the shareholders.
The following Directors, having retired by rotation, were unani-
mously re-elected, viz :
Philip William Flower, Esq.,
George Holgate Foster, Esq.,
George Meek, Esq., and
George Tayler, Esq.
_ _ _

Resolved tinanhnousii, that the best thanks of the meeting be
given to the Directors for their exertions in the management of the
affairs of the-Bank.

Resolved unanimously, that the thanks of the meeting be also
given to• Mr. Pollard, for his unremitted attention to the affairs of
the Bank.

(Signed) JOHN AUTAGGART.
Extracted item the Mintvea.
T. TIEWETT, Secretary.
LIA.BILITTES and ASSETS, 31ex DECEMBER, 1854.
THE LONDON JOINT-STOCK BANK.

Diu
To capital paid np, viz., 60,000 shares at 10/. each.. 4600,000 0 0
To amount due by the Bank . ........... 6,161,154 15 3
To amount of the Guarantee

Fund, 30th June, 1854.. £153,549 3 6
To six months' interest on ditto,
at 3/. par cent. per annum

2,303 4 9

To undivided profit fen* the last half-year
To amount carried to profit and loss account

155,852 8 3
24,695 7 3
113,425 19 8

£7,055,128 10 3

CR.
By Exchequer-bills, India-bonds, &c,
By bills discounted, loans, and cash
By building, furniture, &c., in
Princes-street and St. Mildred's-
court
By ditto, ditto, in Pall mail... • •

425,100 0 0
8,625 0 0

33,725 0 0

£7,055,128 10 3
PROFIT AND LOSS ACCOUNT OF THE LONDON JOINT-STOCK BANK, FOR
THE HALF-TEAR ENDING 31ST DECEMBER, 1854..

Dn.
To current expenses, proportion of building ex-
penses, directors' remuneration, bad debts, in-
come-tax, &c £20,759 11 8
To amount carried to profit and loss, new account,
being rebate of interest on bills discounted not
yet due
To amount transferred to the credit of the " Guaran-
tee Fund," in addition to the above amount of
155,8521. Bs. 3d .• •
To dividend account for the payment of half-a-year's
dividend, at the rate of 101. per centum per annum
upon 600,0001, amount of paid•up capital upon
60,000 shares.
To ditto, fur the payment of a bonus of U. Is. 2d
per share •• . ...... • •

23,681 12 7

180 2 8

30,000 0 0

63,500 0 0

£138,121 6 11

Ca.
By balance brought down ••.. •• • ••••••. • .. • • .. £113,425 18 8
By undivided profit brought forward from the last
half-year

24,695 7 3

£138,121 6 1