The Sun.
London, England, 1830-05-22 00:00:00

PROVINCIAL BANK OF IRELAND. ' '

On Thursday the Annual Meeting of this Com-
pany took place at their house in Broad-street, for;
the purpose of electing four Directors, and declaring
the half-yearly dividend.

. -
GEORGE R. DAWSON, Esq., M.P., having taken
the Chair, stated that the names of the four Direc-'
tors who wept out by rotation had been posted up in
the usual way—Mr. Fletcher, Mr. Prescott, Mr.
Medley, and Nr. Thorpe, each of whom was put
separately to the meeting, by which they were all re-
elected.

The Secretary then proceeded to read the Report,
which, after adverting to the recent General Meet-
ings of this Company, on the 10th and 17th instant,
adverted to the law proceedings instituted by the
Bank of Ireland, questioning the right of this Com-
pany to exchange its notes in Dublin—a right which
from the commencement of its operations it had ex-
ercised. It went on to state the result of those pro-
ceedings, namely, the interference of Goverment.,
and a friendly understanding between this Company
and the Bank of Ireland. By all of which it is
agreed that the Chancellor of the Exchequer shall
forthwith introduce into Parliament a Bill for the pur-
pose of settling the law on those points relative to
banking in Ireland, which had been so variously inter-
preted. By this Bill the Provincial Bank will be fully
authorised to continue the practice of exchanging its
notes in Dublin, and certain technical difficulties
which at present existed regarding the registry of
shareholders and public officers of the Company,
and the licenses from the Stamp Duties, for issuing
notes, would also be removed. The Report the,
adverted t&the difficulties which the Company ex'
perienced, first from the political excitement which
existed in Ireland in 1828, and next from the flee"
(nations of prices, owing to the bad harvest of the
same year, and also to the extraordinary expences
incurred in the law proceedings, which had been ad-
verted to, and observed, that notwithstanding these
circumstances, the Directors had great pleasure in
being able to present so satisfactory a statement as
they now did. From this statement it appeared that
by the Report of last year, the undivided profits at' ,
March, 1829, were 19,5001. The profits of the
year ending March, 1830, after deducting expenceg, •
ordinary and extraordinary, and a proportion also of
the extraordinary expences for forming the Society,
and providing for all its bad debts, amounted to
21,80012, making in the two, 41,3001., from which
are to be deducted dividends paid to Proprietors at
Midsummer and Christmas 1829, amounting to
20,0001.—there remained of undivided profits at
March last, 21,3004, out of which the Directors
proposed a dividend of 4 per cent. per annum for
the half year ending Midsummer next. The Direc-
tors had the further pleasure of stating, that as the
condition of the Company's affairs were such as to
justify their previous calculations, that against the
next year the whole of the extraordinary expellee
which attended the formation of the Society would
be cleared off. They felt every confidence that the
anticipations which they held out in former Reports
of the growing prosperity of the Company, would
be fully realized.
On the motion of Mr. WARD, M.P., seconded by
Mr. ALLISTER, the Report was received, agreed to,
and ordered to be printed.

The CHAIRMAN, beforeputting the question, stated,
that the Directors were now ready to answer any
questions connected with the affairs of the Company
which any Proprietor wished to be put.
Mr. J. WARD moved a vote of thanks to the Di-
rectors.

Mr. DAWSON, in returning thanks as Chairman
and one of the Directors, observed, that the Direc-
tors had two great objects which might be combined.
The first was, the prosperity of Ireland and the ad-
vantage of the shareholders. The prosperity of
Ireland could not advance in any material degree
without also materially improving the interest of
that Company, and undoubtedly the establishment
of this Company in Ireland. The solid footing on
which it stood, its improved system of banking, and
the stimulus which it had already given to Irish in-
dustry, had already given considerable improvement
to that country. It had led to the investment of
capital in a manner from which even still greater ad-
vantages must be derived. As an Irish gentleman
he felt great pleasure in this, that the establishment
of this Company had exhibited his countrymen in a
most favourable light to England. The English
gentlemen connected with it had opportunities of
witnessing, and would bear him out in the fact, that
greater punctuality, mere regularity, more strict
honesty in all their pecuniary dealings, could not
exist in any country than had been witnessed in the
transactions of the Company in Ireland.—(Hear,
hear.)—The Hon. Gentleman next observed, that
he could bear testimony to the indefatigable zeal
and exertions of his brother Directors in promoting
the interests of the Company. This he said the
more readily, as he had himself been unable to attend
as often as he wished.

In acknowledging a motion of thanks voted to
himself, the CHAIRMAN, in returning thanks, ob-
served that he felt the greatest pleasure in meeting
a number of English capitalists, who had invested,
their money in a speculation which, he was delighted
to say, held out a prospect of being as advantageous
to their own private interests as it would be to the
interests of the country in which it was established.
The meeting then separated.

- KING'S THEATRE: ROSSIN I'S Opera Of
Tancredi was on Thursday night performed at this theatre
for the benefit of Mademoiselle &AVIS, who undertook the
character of Amenaide, which she went through with
much spirit. Madame MALIBUAN was Taneredi. The
house was full.

TIIE BLIND MINSTREL.—A poor blind
minstrel, who had sallied forth with his cremona, on •
changeable April day, had begun at the corner of one
street the tune of the " Flower of Dumblane," at another
" Oh no, we never mention her, and last of all " Home,
sweet home," in all of which he was repeatedly interrupted
by the weeping elements. But in the middle of the last
a complete deluge poured clown 'on his devoted bead. He
had just time to save his fiddle by taking shelter in a shop,
where, after an apology, he drew forth his snuff-boa, and
with a heartfelt sigh exclaimed—'• Nee doubt this weather
is the LOAD'S Will ; but I am sure it's nae great shakes."

ODESSA, APRIL 21.—A letter from Erze-
roum, of the Bth of March, says—" A few days ago, a
caravan of pilgrims, on their way to Mecca, arrived beer
from Persia. It consists of 500 persons, among whom
is Alma MUSSAN Kiwi, brother of the Caimacan of
Tatra's, with his wife, the daughter of the SHAH; also
one of the principal wives of the SHAH himself, and one
of the wives of ABBAS MIRZA. The suite of these per-
sons consists of several Chans ttod Beys from Tauria and
The caravan takes the road to Aleppo.