The Sun.
London, England, 1862-03-11 00:00:00

£ £
20
,80-81

London andWeat-'
minster
London Joint-
stock
Union Bank of
London

City
Bank of London
London & County
National Provin-
cial Bank of
England

1,060,0005,384,785
600,00011,381,757
720,00011,795,232
300,0001 3,206,782
300,000, 1,927,907
500,000' 6,483,900
not
600,000 published

10
.37-381

to
10
6
14i;

12 33-34
50 97-99
50 8`)-82
20 38-39
42 I 127

88,372
42,791
39,161
43,730

70,900

The Current Accounts and Deposit
Banks in London en the 31st Dece:
total of £50,180,363, being very large
responding period of last year.
These results have been achieved whilst the existing law
rendered the whole property of every shareholder liable for
the debts and engagements of the Bank.
The law, however, was most wisely altered in 1858, and
banking companies are now permitted to be formed on the
principle of limited liabiility. Already several Banks have
been so constructed, and it is stated by the Directors, that
whilst the law has placed a limit on the liability of the share-
holders the business of' the Bank has been considerably ex-
tended and increased.
Although during the last 25 years the Port of Liverpool
has more than doubled itself in population and wealth, and
the commercial intercourse between the Metropolis and Lan-
cashire has been prodigiously augmented, no new Bank has
been established in Liverpool during that period. And it is
further worthy of remark, that no Bank which
embraces London and Liverpool within its own independent
business operations exists at present.
The Directors believing that there is ample room for further
banking accommodation in London, and having regard tothe
increasing trade and opulence of Liverpool and its vicinity,
are of opinion that the time has arrived when a new Bank
may be established under limited liability with every pros-
pect of perfect success.
It is proposed, therefore, to establish the Alliance Bank of
London and Liverpool (Limited), with the head office in
London and branches at Liverpool, and, in due course, at
such other places as the interests of trade may require.
The Alliance Bank of London and Liverpool (Limited)
will—
Open Current Accounts and allow Interest on Minimum
Monthly Balances of not less than £200;
Receive Money on Deposit at Interest;
Grant Drafts on its Branches ;
Issue Circular Notes and Letters of Credit for all parts of
Europe and elsewhere;
Undertake Agencies of Foreign and Country Banks ;
Effect Purchases and Sales in British and Foreign Stocks,
Shares, and Securities, receiving the Dividends thereon, and
collecting or negotiating Coupons, &c. ;
And transact every other description of Banking business.
The Directors pu• pose calling up only £25 per share, thus
leaving £75 per cent. as a guarantee fund to the depositors.
reserving the power to issue such portion of the unallotted
shares at such periods and on such terms as they may see fit.
A'deposit of £1 per share must be paid to the Company's
bankers at the same time that the application for shares is
made, according to the subjoined form.
Forms of Application for Shares may be obtained from the
Brokers, Messrs. J. and J. Whithead, Moorgate-street, Lon-
don; and Messrs. G. and T. Irvine, Liverpool ; or the Sec-
retary, at the Company's Offices, No. 34-, Gracechurch-street,
London, E.C.

I held by the Joint-stock
fiber last amounted to a
ly in excess of the cor-