The Sun.
London, England, 1863-03-31 00:00:00

656,953 8 3

Completed. Drawn. Seniority.
4847 3191 1681
Deduct Rights exercised on estates, &c..

Total
9719
7419

New estates have been recently acquired at Southampton,
Ramsgate, and Ipswich; the first is situated in " The
Avenue," on the London road one mile from the Bargate;
the second is on the West Cliff, close to the sea ; and the
last is within a very shoat distance from the railway
station, adjoining Handford Hall Vill-s. The tt ree towns
are increasing, and new houses are in demand. South-
ampton as,umes every year a more important aspect as the
port for the Peninsulmr, East and West India trade and
passenger traffic. Ramsgate in the autumn will have the
advantage of two railroad., namely, the already existing
one of the South. Eastern, and the other, the Coast Line,
the London, Chatham, and Dover, the station of the latter
being at the foot of the East C iff at the Sands, adjoining
the pier. Ipswich is also extending in every direction.
The executive committee have the pleasure to report that
Captain Jervis, ALP., has been elected a member of the
board.

The committee, in conclusion, whilst congratulating the
shareholders on the new purchases in South Hampshire,
East Kent, and East Suffoik, have to report that other in-
vestments are receiving careful consideration. As the times
and season are favourable to building operations, the atten-
tion of the allottees is directed to the expediency of fencing
in their plots, and of announcing their intention of selling
or leasing by putting up notice boards on their land. The
owners of land on estates acquired by the Conservative
Land Society are reminded that applications to the board
from allottees for building purposes take precedence of all
other advances on security, every facility being afforded for
the erection of villas and houses.

Tha report was unanimously adopted, and thanks voted
o the executive committee.

Protector Endowment Loan and Annuity
Company.

The ordinary general meeting of the shareholders
of the above company was held yesterday afternoon,
at the offices, 34, King-street, Cheapside. Alfred
Smeer E•q., F.R S., chairman of the board of di-
rectors, presided.

The routine business having been disposed of, the
following report was submitted to the meeting:—
" We have again the pleasure of meeting you to submit
our annual report of the operations of the company, and our
statement of receipts and disbursements for the year, which
ended on the 31st of December last, and also to transact
such other business as devolve:3, by our constitution, on the
ordinary annual general meeting of the shareholders of the
company. A period of five years having elapsed since our
last valuation of the company's assets and liabilities, we
shall also on the present occasion have the pleasure of lay-
ing before you our statement of valuation of these matters
as they stood at the end of the year 1882.

"The directors who retire by rotation on this occasion are
J. L. Hancock, Esq., and J. Beadnell, Esq. ; both gentle-
men are eligible, and are willing to continue their services
in the same capacity as heretofore, and ara therefore now
recommended to you as forming the present list for election.
" It is also required by our constitution that the auditors
of the company's accounts retire ennually—George H.
Ladbury, Joseph Williams, and George Lowe, Esqs.,
therefore now retire : these gentlemen are all eligible to
occupy their former position, and are willing to give their
services tor the current year.

" The statement of receipts and disbursements for the
past year is as follows :

"We shall now submi►t to you the statement of the assets
and liabilities of the company, valued up to the end of the
year 1862.

'' STATEMENT.

" The statement of the receipts and expenditure has been
printed and duly forwarded to each of our shareholders.
It contains in itself a complete record of the transactions of
the company for the year in every department, and shows as
a result in figures a very considerable improvement over the
operations of the year preceding. Beyond this there is no
point sufficiently prominent to be made the subject of re-
mark. Our mode of conducting the business has Low been
so long and thoroughly fixed and determined in all its de-
tails by our past experience, that every branch Works with
the most constant and perfect regularity.

" As heretofore, the directors have been constant in their
ende,ivours to advance the interests of the company, and
have been always ready, whenever occasion has required,
to devote their time, their labour, and their thought towards
this end.

" Since our last general meeting the Joint Stock Cora
panies' Act, 7 & 8 Vic., cap. 110, under which we were origi-
nally incorporated, has been repealed, and has been replaced
by the Companb-s' Act of 1862,' We have now to repo..t
that we have duly complied with all requirements nrcessary
for registration, and that we are now incorporated under the
new Companies' Act the 25 and 26 Vic., cap. 89; we have
made no change in our constitution, the liability of our
sham holders remaining limited as heretofore, by special
provision, in all the contracts of the company; the employ-
ment; of such special provision being compulsory under our
deed of constitution.

" As we have arrived at the close of a quinquennial period
of the company, and have had the pleasure of laying before
you a valuation of assets and liabilities, it will not be out of
place jib? to review very brie fly the results of the two lead-
ing departri:ents of our business—our deposits and our ad
vances on loin:. From the origin of the company to the
end of the financial 7ear just closed the total receipts on
deposit have amounted) 4167)447, and the total repay-

Compared with the receipts of the corresponding. period
last year the present half-year's returns show an increase
of £209 15s. 10d. ; besides an increase in the total issue of
shares of 63. The total Withdrawals since the formation of
the society (September, 1852), to Ladyday„ 1863, £190,440
14s. ld. ; the total sale of land to Lady-day, 1863, £323,024
12s. 4d.

Tho returns of the Register of the Order of Rights are as
follow : '

Unexercised Rights ........
The last share number on the register by sonority, is No,
13,853, and the last share number issued up to Lady Day,
1863, was No 19,120. The first allotment of the current
year took place on the 18th of February, and the holder of
rights of choice had the privilege of selecting in rotation,
building land, houses both freehold and leasehold, and
ground rents. Tho New Estates comprised the first portion
of the Woodhouse Estate, vi anstoad, in Sluth Essex, and
the final portion of the Woodbury Park Estate, Tunbridge
Wells, in West Kent ; the Ground-rents were at Roman-
road, and the houses and villas at Old Ford, Roman-road,
Enfield, and Camberwell. As regards the Wanstead pro-
p rty, the executive committee have much pleasure in re-
porting to the members, that the Woodhouse Mansion, with
about four acres of the grounds, at the extremity of the
estate, has been sold to a very excellent institution, leaving
most eligible land to be disitosed of, either in large or small
quantities. The first portion allotted is situated in Wig-
ram's-lane and Cann Hall-lane, and, after widening these
two roads, new frontages have been created in a new
intersecting road, called Woodhouse-road. These works
will be constructed forthwith. Wanstead is in such a
healthy neighbourhood, is so well supplied with railroad
and omnibus communii ation, and is within such an easy dis-
tance from town that it cannot fail to become one of the popu-
lar Netropolitansuburbs. Plots in the Woodbury-park estate,
Tunbridge Wells, continue to be in demand. The Gothic
cottages have all been sold ; new villas and houses are spring-
ing up in the Queen's-road and other parts, and the
works opening up the new communications with the boun-
daries of the property at Strattons's-wood, the Calverley
Estate, and the South-Eastern Railway, are in active pro-
gress. The very ittpid development of the entire neigh-
bourhood would rollow the opening of a new passenger
station at the extremity of the Woodbury Park Estate, at
the Grcsvenor Meadow-road, where a portion of land has
been reserved for the purpose.
The roads and drainage of the first portion of the Col.
chester Estate are on the eve of completion. A great ire
provement, has been effoctt d by the widening of Mersea-
road, and the construction of the new communications,
:Myrick and Pownall-crescents, which connect the Mersea
high road with the Berechurch-road, frontage to the Camp
and Government Barracks. Building has commenced on
Meyrick-crescent, the whole of which has been sold;
as
also the large hotel plot in Berechurch-road. The remain-
ing works on the Roehampton and Putney-heath estates
will bo completed this spring. The finishing of the Bess-
borough-road and the Alton-road, fronting the Roehamp-
ten-lane, has open d up fine building sites, commanding
views of Richmond Park and the Surrey hills.
The opening of the Underground Railway, and the ge-
nera, extension of the metropAitan lines, have already
caused a demand for land on the society's suburban estates,
with every prospect of a considerable increase in building j
operations.