The Sun.
London, England, 1865-06-30 00:00:00

SOLICITORS.

Messrs. Maynard, Son, and Co., and Coleman-street,
London.
Messrs. Bateson, Robinson, and Morris, Liverpool.
AUDITORS—Messrs. Hammond Banner and Son,
Liverpool.
SECRETARY (pro tem.—R. H. Ashton, Esq.
Offices in Liverpool—The Bank, Lord-street.
Temporary Offices in London—City Bank Chambers,
No. 20, Threadneedle-street, E.C.
This Company is formed for the purpose of purchasing
the business of the old-established and well-known private
Bank of Messrs. I. Barned and Co. in Liverpool, and organ-
ising it on the broader basis of a joint-stock company, under
the Limited Liability Act.
The Bank, which was founded in 1809, has done a large
and continually-increasing business, and there is no doubt
that in its new and extended form still more satisfactory
results will be realised.
The Directors have received most encouraging promises
of support, both in Liverpool and London ; but, in making
the allotment of shares, preference will be given to the
present customers of the Bank.
The purchase money for the business has been fixed at
£160,000, payable by instalments spread over two years, as
stipulated in the agreement; and this sum, on comparing
it with the profits shown by Messrs. I. Barned and Co. to
have been realised, and their guarantee of the assets taken
over, cannot be considered other than a moderate payment
for a lucrative business placed at once in the hands of the
shareholders.
The Bank will take over the business of Messrs. I.
Barned an I Co. as from the Ist of July, 1865, and Messrs.
I. Barned and Co. will guarantee the payment of all debit
balances (including bills and credits running) standing in
their books on that day.
The business will have the advantage of the active super-
vision of the present partners in the Bank, who have agreed
to act as Directors for five years, and will retain a large
interest in the Company.
Messrs. I Mimed and Co. are willing to sell at a valua-
tion the present Bank premises, and any of their adjoining
property, if the directors wish to secure it, and, if required,
to leave the purchase money on mortgage for ten years at
41- per cent.
The remuneration of the ordinary Directors is to be fixed
by the shareholders at their annual meetings, but power is
taken in the articles of association to appoint one or more
of their number as Managing Directors, whose extra re-
muneration will be determined by the Board.
Copies of the Company's memorandum and articles of
association, and of the agreement for the transfer of Messrs.
I. Barned and Co.'s business, can be seen at the offices of
the solicitors of the Company.
Application for shares must be accompanied by a pay-
ment of the deposit of £1 per share. In the event of no
allotment being made the deposit will be returned in full.
Should a less number of shares be allotted than are applied
for, the deposit will, so far as required, be applied towards
the payment due on allotment.
Applications for shares will be received at the bankers,
brokers, solicitors', offices of the Company, and at the
following places:—
England—Manchester: Messrs. Cunliffes, Brooks, and Co.
„ Leeds : The Yorkshire Banking Company.
„ Birmingham: The Birmingham Banking Com-
pany.
Bristol : Messrs. Baillie, Cave, Baillie, and Co.
Scotland—Edinburgh, Glasgow, Dundee, Aberdeen, and
Dumfries Tho National Bank of Scotland.
Ireland—Dublin, Londonderry, Cork, and Limerick : The
Provincial Bank of freland.
I, Belfast : The Belfast Banking Company.
The "Ulster Banking Company.
*here prospectuses and forms may be obtained.

BARNED'S BANKING COMPANY (Limited).
10 the Directors of Barned's Banking Company (Limited).
Gentlemen,—Having paid £ to your bankers, I
request that you will allot me shares in Barned's
Banking Company (Limited), and I hereby agree to accept
such Shares, or any less number that may be allotted to
01181 and to pay the calls thereon, subject to the provisions
tion.
The Companies Act, 1862," and the articles of associa-

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