The Sun.
London, England, 1864-04-08 00:00:00

THIRTEENTH ANNUAL GENERAL
MEETING of the SIIA.RETIOLDERS of the AGRA
and "UNITED SERVICE BANK (Limited), held at the
Bank, 27, Cannon-street, E.O on Saturday, April 2, 1861—
GEORGE GORDON MACPHERSON, Esq., Chairman, in

the chair.
The notice convening the meeting and the following report
and statement of ace mints were read :
The Directors have to submit to the shareholders the
audited accounts for the year ended 31st December last, and
to report that after making ample provision far all bad and
doubtful debts. the net profits of the bank for the year
amounted to £242,909 12s 6d.
Out of this sum the Directors have declared, free of income
tax, two half yearly dividends at the rate of 10 per cent. per
annum each, and have added to the last of tlese a bonus of
£4 per share, thus making a return for the year of 18 per cent.
on the paid-up capital of one million sterling.
From the balance remaining the Directors have refunded
to reserved timid account the sum of £7,341 2a. 9d. taken from
it ast year, and, in consideration of the greatly extended
business of the bar k, have carrird to credit a further sum of
£2s,ooo,*thus raising that fund to £225,000. They have also
passed the ~.um of £5,0t0 to superannuation find, and £15,000
to building fund, carrying forward £10,163 10s. 2d. to credit
of profit and loss account for the current Viz.
Since last annual meeting the Directors have purchased
desirable premises in Sydney, an have secured land at
Sh,nghai, urrachee, and Madras, in view to the erection of
suitab e buildings for the branches of the bank at those ports.
The present auditors being eligible for re-election, in terms
of the deed of settlement, offer themselves accordingly.
By order of the Board,

MACKINTOSH BA I .FOUtt, General Manager.

(No. I.;—BALANCE-SHEET, DECEMBER 31, 1863.
DR. LIABILITIES.
To paid-up capital
To Reserved Fund
To amount due by the Bank for customers'
balances, fixed deposits, acceptances, let-
ters of credit, eircuial notes, C.
To profit and loss

£1,000,000 0 0
192,658 17 8

£10,388,399 3 1

CR. ASSETS.
By cash in hand and at call at head office
and branches £911,853 4 1
By Government securities
By other securities, including a ecie, bills
purchased, discounts, loans, &c.
Freehold premises in London, Edinburgh,
Calcutta, Bombay, Agra, Lahore, and
Sydney, and leasehold property and build-
ing ground at the other branches

8,940,211 12 1

91,071 17 1

£10,358,399 3 1
G. B. DALBY, Chief Accountant.
(No. 2.)—PROFIT AND LOSS ACCOUNT 1' KOM
JANUARY 1, TO DECEMBER 31, 1863.
DR. Itta
To payment of dividend on paid-up capital
(at 10 per cent. per annum) for half-year
ended 3Gth June
To do. do. for half-year ending 31st Dee
To bona of XI per share
To amount transferred to Reserved Fund
To amount transferred to Building Fund
To amount Iransferred to Superannuation
Fund
To balance carried forward ...

CR.
By gross profits
at Head Offices
Branches to
Dec. 31, 1883—
after making
provision for
bad and doubt-
ful debts ....£496,652 6 0
Less interest al- .
lowed on cur-
rent and de-
posit accounts 167,505 14 0
4329,116 10 0
Total expenditure of Head
Office and Branches, includ-
ing rent, income tax, taxes.
stamps, salaries (with a gra-
tuity of 10 per cent. thereon,
to the officers of the establish-
ments at home and abroad,
miscellaneous charges, &c.. 86,2.39 19 8

£50,000 0 0
50,0.0 0 0
80,000 0 0
3041 2 4
15,0)0 0 0

5,C00 0 0
10,568 10 2

£?42,902 12 6

£242,903 12 6

£212,90912 6
G. B. DALBY, Chief Accountant.
;No. 3)—RESERVED FUND A CCOUNT, DECEMBER, 31,
1863.

DR.
To balance at credit of Reserved Fund.... £223,000 0 0

4:225,00 0 0

Ca.
By amount on 31st December, 1862 .
By amount transferred fro Profit and Loss
Account, as above

£:92,65817 8

32,341 2 4

£?23,000 0 0
G. B. DALBY, Chief A, countant.
Wehave examined the preceding statements (Nos. 1,2, and
3) with the books, vouchers, and securities, at the Head
Office, in London, and with the detailed returns and balance
. ]
beets signed by the auditors of the several branche,, and
we hereby certif y :o the correctness and satisfactczy character
thereof. W P ARR
J. HlLLivlLLisms, Auditors.
London, March 16, 1864.

The following resolutions were duly moved, seconded, and
carried unanimously:—
" 1. That the report and statements which have been read
to the meeting and previously circulated to the shareholders
in Europe be adopted.
" 2. That George Gordon Macpherson,Esq., Colonel Henry
Doveton, James Sydney Stopford, Esq., and James Thompson,
Esq., be re-elected Directors
" 3. That John Hill Williams, Es q,, and William Farr,
Esq., P.C.L., F. 8.5., be and tors far the present year.
" 4. That t ie thanks of the Sheholders be given to the
Board of Directors for their careful co-,trol of the Bank's
affairs ; to the General Manager Mr. Ma tkintosh Balfour;
to the London Manna er, Mr. "Will am Shipman ; and to the
Local Committees and Managers of the Branches, for the
satisfactoryessf the, uk for th
maannnerinwehieh they have conducted the hug-
Past year ; and to the Auditors for
their efficient supervision of the accounts
" 5. That thi thanks of the Meeting bigiven to the Chair-
man for his able conduct in the chair."
nG. G. MACPHERSON, Chairman.

ROYAL ALHAMBRA.-
Brilliant Equestrian Scene, by Three Young Ladies,
"TLIE RIDE FOR THE RIBBON."