The Sun.
London, England, 1862-03-21 00:00:00

AT a GENERAL COURT of PROPRItTORS,
held at the BA.NK of ENGLAND on rITURSDAY,
the 20th March, 1862,
Resolved, —That the thanks of this Court be given to the
Governor, Deputy-Governor, and Court of Directors of the
Bank of Ene-land, for their ahle management of the affairs of
the Corporation during the last half-year, and especially for
the accommodation derived to the public by the arrangement
under which the shuttings of the stock books have been en-
tirely superseded.
Ordered, —Tbat the said resolution be advertised In all the
daily morninq, and evening papers.
JAMES STEWART, Secretary.

TURIN AND SAVONA PAILWAY
COMPANY. NOTICE IS HEREBY GIVEN, 7"dat Scrip Certificates
will be ready for delivery, in exiniange for tie Bankers'
Recrs eipts, on and after 310NDA;y, 31st inst., between the
hou of 12 and 2. The Banke-L.'s Receipts must be left at the
Office two clear days previoras to the delivery of the Scrip.
By orde'e of the Directors.
61, Gresham House J. W. PILLANS, Secretary.
, 18th March, 1862.

ECONOMIC LIFE ASSURANCE SOCIETY,
6, New Bridge-street, Blackfriars.
London, 7th nerch, 1862,
This is to Give Notice, That the Anneal GENERAL
COURT will be held at the Society's Itouse, No. 6, New
Bridge-street, Blacktriars, on SATURDAY, the 22d day of
3larch, at Two o'clock 'precisely, to receive the Auditors' Re•
port of the receipts P,nd disbursements of the Societ
the year 1861, and to elect Auditors f y durißurin;year.
or the present
By order of the Board of Directors,
ALEXANDER MACDONALD, Secretary
THE

PROTECTOR ENDOW ;BENT, LOAN,
AND ANNUITY COMPANY.
At the Annual Ordinary General Meeting' of the Share-
holders in this Co:aPally held on Thursday, Marsh 20, at
theirort frO7'th se
:;le'a year einn,-,'d'instgreg,stCpheeacpesmielbee,r,the following Re-
-1661, was unani-
MOrisly adopted :
The Directors have the pleasure of meeting you ora the pre-
sent occasion to lay before you, according to custom, the
a!tatement of the receipts and disbursements of the Company
le!the Year which ended on the 31st December last, to sub-
-ritt to you a report of proceedings, and to transact such
further matters as devolve, in acco'alance with our constitu-
tion, on the Annual Meeting of Slareholoers.
both The Directors who retire by rotation on this occasion are
„George Tyler, Esq., and Wi.lliam Henry Thornthwaite, Esq.;
tressof these gentleme'a are again eligible, and have ex-
I'clned their willingness to continue their services to the
PanY, and are therefore , now recommended to you as
°Lg the list for election by the present meeting.
b The Auditors of the Company's Accounts II. Lad-
„YrY, ES(I., Joseph Williams, Esq., and George Lowe, Esq.,
li,- c',._nor. retire by annual custom, and all are eligible and
'tug, to serve in the same capacity for the current year.
STATE3IENT SHEET.
"'y"Oafs printed statement which has been forwarded to ea
re
our shaholders so fully details the various operations ch
of
11,e past Year, that little is 'left to be said in addition. All
the departmnts of the Company's business are in most ex-
!nctregulari'cy
,Ttlent and efticient working order, and white this condition
is maintained, few incidents arise sufficiently
..ronainent to claim attention in a General Report.
fora,Our in
--,e'posits, as shown ih the pnb'ished sheet, continue to
a ' ery large and important branch of the business ; and
as lb&
I,ot. ~_ se are neither forced by the expense of advertisement,
b„, '-iduced by the offer of high rates of interest, we cannot
.4 feel both that our mode of management meets the public
"(fairer/lents, and that the public feel entire confidence in
Via i
-e.n.' their funds in our hands. It has been our object to
1~ b .
tvic!qsible ; and it has proved a convenience, not only to those
Zeho have no immediate employment for their funds, while
seekdin, g naort,g-ages and other investments, but is extensively
411 d f.ll a More permanent way by those who desire a regular
tiro, atir,lnterest for their capital, and who wish at the same
or i, ~„"° have the power of withdrawing their deposits, wholly
they va.'ef, according to their convenience, at any time when
1 faity require it.
fir ,nh_e, state went of money advanced during the year on loan
fv"`D-ciently shows the activity of this department. The most
;41,stant and careful supervision has always been exercised,
trito!,,u! no pains have been spared to render this branch of ope-
ns
is as beneficial as possible to those who avail themselves
te', to temporary difficulty, and also safe and profitable to
thatk,onv,......_.
u, or As a result of this it is gratifying to state
arrea°. - loans are in a most favourable condition, and that
Ro 1,: s.nd mischances are remarkably few and small, though
althc,e sum is now employed in the department ; and.
ender, gh strictly this report speaks only of the year which
joat, -1. last December, we may be allowed to mention, as a
]oa
ncer of great satisfaction, the regularity with which our
repayments are coming in at this present time.
4,;',;'..n0e the foundation of this Society, somewhat over
Vi?,.,,,700 has been advanced on loan, and the number of ap-
ga„.,nts who have, been aided in this way is about 1,070,
n'irtF an average amount of loan of rather more than £2OO
do case. On looking back through all these transac-
,„-ns, it is ,satisfactory to notice that, from our commence-
-.-tent to the present time, our losses have amounted to no
)P.Ore then about 14 per cent. of the total funds employed
',Luting these years. This must strike any one as a very
Mall proportion, considering how especially we are exposed,
'in conducting this class of business, to chances of loss, both
from the misfortunes of borrowers
and the ingenious devices
of the fraudulent It is with a real sense of satisfaction to
reflect how much substantial relief has been afforded by this
branch of our business to so many, and at times when such
cf. has been of the greatest value ; the profit which- he
the derives from the loan is no adequate measure of
fe, '3e cos and benefit done to those who, through our
i,'"3,, have been aided in their difficulties, and often saved
isrop;eat, and pressing troubles.
in co i? occupy your time unnecessarily, we will only say,
ilest Itroasion, that it is, and has always been, our most ear.-
Com, P-sire and endeavour to advance the interest of
.this
its i yanY i every wy, i every deprtment—to exen it in
and-ewer of a
benefit and usefulnessa to fhe publict at ld arge,
a" as a legitimate and natural consequence, in its profits
ear,,re,niunerations to its shareholders. With our present
ro4-rosation and staff, and above all, with our experience,
Fiestr„,e t,ilan double our present funds could be employed, with
onee"lY any increase of outlay, and the Company would at
, take that position which we wish to see it occupy.
c 'Pe Directors recommend that the interest on our share
aPitai
Of x 5 • for the current year be as before, namely, At the rate
Per Cellt. per annum.
........______
11)-