The Sun.
London, England, 1852-12-11 00:00:00

LAIIRENVS GRAND CASINO.

ARGYLL ROOMS, Great Windmill-street,
St. James's,
Lessee, Charles Emile Laurent, Onslow House, Brompton-road,
Licensed pursuant to Act of Parliament, of 25th George 11.
Open svery evening with Laurent's Celebrated Band. Principal
ornet-A-Piston, M. Boulcour..
Admission—ONE SHILLING.

Doors opea at Half-past Eight o'cloct.. Dancing to commence at
Nine. end terminate at Half-past Eleven precisely.

SPECIAL xoncE.

SCOTTISH FUND
LIFE ASSURANCE SOCIETY.
Accumulated Capital now upwards of £2,500,001,
Annual-Revenue upwards of £320;000.
Much inconvenience having been experienced at the close of the
year (1845) preceding the last Investigation into the Affairs of this
Institution, from Parties delaying to make their Proposals until
within a few days before the end of December, it is particularly re-
quested that those who are desirous of securing the twofold advan-
tage of admission during the present Septennial period, will have the
goodness to lodge their Proposals at their earliest, convenience. Any
Policy thus effected, it will be observed, is entitled to rank for a lull
year's bonus at the approaching Allocation of Profits, and future
-additions to suit Policy fall to be declared on the Sum Assured, in-
creased by this Year's Bonus.
TIIE WHOLE PROF
EXAMPLE OF Bi./NUS ADDITIONS.
,The Representatives of a Member whose Policy for 1,0001. was
effected in any of the Years from 1815 to 1819 inclusive, on its 1-Tl3 BELONG TO TIIE ASSURED.
be-
coming a Claim this year, would receive 2,0621 143. I Id., being
More thaii double the original sum assured.
JOHN SLACKENZIE, Manager.
• WM. LINDESAY, Secretary.
Edinburgh, 5, St. Andrew-square, November, 1852.
London Office, 4, Royal Exchange buildings.
HUGH M'KEAN, Agent.

MIDDLESEX PRISONS. —To BAKERS,
Butchers, Mealmen, Oilmen, Grocers, Brashraakers, Lea-
ther sellers, Woollen-graPers, Soap-boilers, and Others.—WANTED,
at the Houses of Correction, at Coldbath Fields and Westminster,
and at the House of Detention at Clerkenwell, SUPPLIES of the
undermentioned ARTICLES, from the 25th of DeceriTher instant to
the 24thJunenext, viz.:—About 19 cwt. of Bread daily, in loaves of
various weights ; good Ox Beef without bone, consisting of clods and
stickings ; Ox-heads, weighing on an average. 23Ibs. each • Mutton,
consisting of breasts, necks, and rins'q 24.stasse, s, Sugar, Rice, Pota-
toes, Scotch Barley, Oatmeal, Salt, Soap,- Oils, Leather, Linen Dra-
pery, Woollen Cloth, Bedding and Linen. Persons willing to con-
tract may see patterns and samples, according to which the tenders
are to be made, and obtain the necessary forms of tender, upon
application at either of the said Houses of Correction. Sealed ten-
ders are to be delivered before half-past Ten o'Clock on Friday, the
7th instant, at the Sessions-house, Clerkenwell-green ; and the per-
sons tendering, or some authorised agent, must be in attendance
there at Eleven o'Clock precisely, with the names and addresses of
two responsible sureties. The Visiting Justices do not bind them-
selves to accept the lowest, or any of the tenders.--Dated this 7th
day of December, 1852.
CHARLES WRIGHT, Clerks.
CHARLES P. ALLEN, j

THE LONDON BANK of AUSTRALIA and
INDIA, to be incorporated by Royal Charter, limiting the

liability of the Shareholderi.
Capital, 500,0001. sterling, in 25,000 Shares of 201. each.—Deposit
21. per Share, with power to increase the capital to 1,000,00 W.
DIRECTORS.

John Allan, Esq., late Direetorot the Bank of Bengal, Chiselhurst,

Kent.
George Thomas Braine, Esq., late of China, 1, Royal Exchange.

buildings, and 8, Hyde-park terrace.
Charles H. Blake. Esq., late of Bengal, 15, Devonshire-place.
George Barber, Esq., Australian merchant, 50, Mark-lane.
It. J. R. Campbell, Esq., late of Bengal, 62, Moergats-street. and
86, Westbonrne-terrace, Hyde-park.
John Alfred Chowne, Esq., Connaught-place, West.
C. J. Reath, Esq., New London-street.
Francis Mowatt, Esq., 14, Devonshire-place.
Sir Evan Mackenzie, Bart., East India Merchant, St. Helen's-place.
R. P. Prichard, r_sq., 21. Albert-terrace, Regent's-park.

Morrogh Walsh, Esq., Grafton-street.
With power to add to their number.
AUDITORS.
(To be periodically named by the Shareholders.)
BANKERS.
Messrs. Prescott, Grote. Cave, and Grote, Threadneedle-street.
The Commercial Bank of London, Lothbury.
SOLICITORS.
Messrs. Tatham, Upton, Upton, and Johnson, 20, Austin-friars, and
24, Lincoln's-inu-fields.
SECRETARY (pro tem.)—James Fraser Galbraith, Esq.

BROKERS.
Messrs. Hichens and Harrison, 18, Threadneedie•street.
Messrs. John Shewell and Son, Tokenhouse-yard.
It is only requisite to advert to the extraordinary discoveries of
gold in Australia, with the immediate consequences now resulting
therefrom, to account for the necessity for an addition to the existing
banking accommodation there, to meet as well the great and grow-
ing wants within the different colonies of Australia, as the demands
arising from their largely extended and rapidly increasing inter-
course with the rest of the world.
The fact that there are now only the same number of established
banks in England having their field of operations in Australia, that
existed many years back, when the population there was not one-
fourth, nor the commerce between the two countries one-tenth of
what it is at present, sufficiently establishes the necessity above
alluded to, of an immediate addition to these indispensable auxiliaries
to the transaction of mercantile and other business.
In proof of the success that has attended the operations of the
two principal Banks here referred to—that of Australasia, and the
Union Bank of Australia—it is enough to mention, that the present
market price of the 401. shares of Um fonner is about got., and the
251. shares of the latter 681.
The great extension that has taken place both in the internal and
external trade of India, since the termination of the East India Com-
pany's monopoly, would alone warrant the introduction there of
greater Banking facilities, but when the effect of the railways now
in progress of construction iu India, on its traffic, consumption and
produetion, are also taken into consideration, together with the
great interchange of commodities that is about to take place between
it and Australia, it is evident that the formeroffers a tield for the em-
ployment of capital iu banking, only surpassed by the latter country.
This Bank will bd managed in London by a Board of Directors,
whose business connexion, practical experience of Australia and
India, acquired chiefly from long residence there, and the stake they
will be required to hold in the Stock of the Bank, will afford the
strongest guarantee for the mode in which its affairs will be conducted.
To afford the most ample protection to the shareholders, the fol-
lowing express provisions win be introduced into the deed consti-
tuting the Company—
growing crops, or other inconvertible securities of any kind. 2d.
The issue of notes payable,on demand, shall in no case exceed in the
aggregate, one-half of the paid-up capital of the Bank, unless by
the express consent of the Proprietary, in a Meeting specially
assembled for that purpose. 3d. If, at any time, and from any
combination of unforeseen circumstances, as much as one-quarter
of the capital should be lost, it shall be incumbent en the Directors
to announce that fact specially to the Shareholders, and to convene
a meeting to decide on the measures to be adopted in consequence

thereof. -
The accounts shall be audited by two public and paid accountants,
named and appointed by the sharetelders, to whom their report
shall be submitted at, or before each half•yearly meeting.
In order to avoid the evils that experience has shown to result
from the pressure of local influence on colonial boards, there will be
no local boards of directors, but the business in Australia and India
will be conducted by experienced, responsible, and trustworthy offi-
cers, from whom ample security will be required, and whose ma-
nagement will be under the constant supervision of competent in-
spectors, all being appointed by, and amenable to, the London
Board.
It is intended to commence business at the outset in Sydney, Mel-
bourne, and Adelaide, and in Calcutta,
only as circumstances may render desirable.
salutary restrictions here specified—and having such fruitful and
and
A bank, based and worked on these principles—placcd under the to open other branches
ex-
tending fields for the employment of its capital as Australia and
tlanlldiniieadlh,ceannoenvoe tnn is believed, fail in its legitimate objects.
tcontrary to expectation, of a charter not being
operationsob-
will be commenced without the express con-
sent of the shareholders; and it shall be optional with them to com-
mence business without a charter, or to have the deposit returned,
less the preliminary expenses.
A large portion of the shares are already subscribed for by the Di-
rectors and promoters of the undertaking, and responsible parties
desirous of obtaining an interest in the remainder of the stock, are
invited to forward their applications, in the form annexed, to the
provisional Secretary, at the temporary Offices of the Company, 62,
Moorgate-street, or to the Brokers of tile Company, Messrs. Hichens
and Ilarrisons, 18, Threadneedle-street; and Messrs. John Shewell
and Son, Tokenhouse-yard.