The Sun.
London, England, 1852-10-01 00:00:00

THE BANK OF INDIA.
Capital 100 Lacs of Rupees, or 1,00),0001. sterling, in 10,000
Shares of 200 Rupees, or 201. sterling each (with power to increase
the Capital to 2,010,0001. sterling). Deposit 5/. sterling per share.
Application will be made to her Majesty's Government and the
Government of India for Charters of Incorporation, to limit the lia-
bility of shareholders.
SoLicrroas.—Messrs. llughes, rearsey, and Masterman, London.
BROKERS.—Messrs. Foster and Braithwaite.
The Bank of India is established for the purpose of carrying on the
general business of banking and exchange in India, China, the
Mauritius, Ceylon, Singapore, and other eastern possessions of the
British empire ; for receiving deposits and making remittances ; for
granting cash credits and making advances upon approved securi •
ties ; for issuing circular notes payable in Europe, Egypt, the prin-
cipal stations on the Overland routes to India, and at the different
establishments of the bank ; for granting local drafts and credits ;
And for all other legitmate banking business.
The large capital of the Bank of India will render it a safe medium
of deposits and investment for the Indian community, whilst the
sources of profit to be derived from the extended operations of the
bank, by means of its different agencies, and the high rate of in-
terest obtainable in India, will ensure a large and p•ofltable return
upon the capital invested, and will, it is confidently expected, justify
the allowance of a moderate rate of interest to the depositors.
The great success which has attended the operations of the exist-
ing banking establishments in this country, connected with the East
Indies, and of the well-conducted 1 cal banks in the different Pre-
sidenciec, and the encouragement given to the employment of capital
in similar undertakings by the extension of commerce and railways,
has led to the formation of the Bank of India.
The extension of banking facilities necessary to meet the growing
requirements of the mercantile community and of the large civil and
military establishments of India, and the development of the sources
of wealth of that country which mast arise from its improved internal
communication by the railways projected and now in progress there,
will open an extensive and profitable field for the operations of the
-Bank at its different branches.
The objections which were formerly entertained to the manage-
ment in England of banking establishments connected with countries
so distant as India have been removed, by the rapid means of inter-
course now existing between these two countries.
The certainty and rapidity
of this communication will he further
increased by the new lines o railwbayythneo savgienn
agency
yroogrf etshseoenletchtericonti-
nentand of Europe and in Egypt,
sub-marine telegraphs about to be established by powerful companies
already in operation.
Arrangements are in progress to secure to this Company the co-
seeemopeeorfattihoensloafrgst native merchants of
operatiwonhicanlid,,slulleepxotret
ndoftl
India, the Bank amongst that
class of the Indian community.
Application will be made to her Majesty's Government and to the
Government of India for charters of incorporation
to limit the lia-
bility of the Shireholders, and power will be taken to increase the
capital of the Company to 2,000,0001. sterling, in which event the
new shares will, in the first instance, be offered for distribution
amengst the existing Shareholders, and such other parties as, from
their
local connexions and other circumstances, may be considered
likely to extend the business of the Bank.
The arrangements for the constitution of this Company are now
Dearly completed, and full prospectuses, with the names of the Board
of Directors, will be pablished in a few days.
In the meantime, further information may be obtained at the
e„ 4, Adaoffi-eoart, Old Broad-

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every quarter of an hour.
FROM BRUNSWICK WHARF, BLACKWALL, on the arrival of
,ho following Trains from tho Fenchnrch•street Station.

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