The Sun.
London, England, 1836-10-31 00:00:00

AGRICULTURAL AND COMMERCIAL
BANK OF IRELAND.
vi?enhM...onday this Company held its Third Half-Yearly Meeting,
Aano_ ',.as attended by Gentlemen from all parts of Ireland.
Lgst those present we noticed the Lord Mayor, Joseph R. Pim,
Jonathanlv Pim, Thomas M. Gresham, M. Thacker, Joseph Beale,
untro4,llkck; Messrs. Vance and Emmerson, Belfast ; James
f,.. °n arty, Cork, Commissioner of Fisheries; the Rev. Mr.
ra,Boyle;4lr. William Molloy, Mr. P. Kelly, Tuam, &c. &c.
*
Ilk \
7,hr ast eleveko'clock, on the motion of JAMES DWYIR, Esq.,
it\ seconded by JOSEPH ROBINSON Psat, Esq.,
The 'gut lOn. the LORD MAYOR was called to the Chair.
ii Jollocvliwjeport,kai4en read by James Dwyer, Esq. :
t,TQAT FROII THE AQRICULTIMAL AND COM-
N`MERVIAL BANK OF 'IRELAND TO THE PRO-
tRIRTORS.
aentlemenLln presenting to' you the report for the past half
\ jour attention
Committee of Directors have much satisfaction in calling
i.tlattention to the beneficial progress of a great national under-
pro%..g• - Since the last general meeting in April, the important
demonstrated of Ulster has been called into activity; and has more fully
upstrated the nationality of your Company, by amalgamating
With it, for the advancement of agriculture, manufacture, and com-
merce. Belfast, having a local proprietary of upwards of 500
amongst the trading and influential classes, opened its Bank, in
is',._fill!ction with your Company, in the month of August last. It
''s since proceeded, under the guidance of an able executive, with
prudence and with every promise of a prosperous result. In the
~eSding towns of Ulster, wherein the linen manufacture is chiefly
()using carried on, branches have been opened ; but in no case has
tine been established without a local Proprietary, and a fair propor-
-2° of paid-up Capital on the Stock subscribed for ;by this means
co-operation is insured, and united action guarantees success.
,r, The Banks in the Cities of Cork, Waterford, and other Dis-
t lets of Ireland, have satisfactorily progressed, and, generally have
Yielded a profitable return. In some cases experience has sug-
gested to your Committee the expediency of circumscribed action,
20, order to abridge local expense ; and, acting upon the reports of
,Igllant Inspectors, your Committee contemplate, without loss of
tune, to carry their recommendation (where fully sanctioned by the
facts) into effect.
i The profit appearing in your accounts for the past half year would
branches
e been much greater, had not your Committee placed the
fanches in the agricultural districts under restrictions, dictated by
re state of the money market in the sister country, resulting
from the operations of the Bank of England upon the commercial
Interests of the empire. Your Committee do not deem it within
their province to discuss the policy of the Bank of England, or
Whether the refusal of commercial accommodation, at a period of
Pressure, be calculated to produce beneficial results to the country
14urge •, but as, under existing circumstances, the chartered banks
materially influence the circulation and credit of the country, your
"rnmittee deem it a duty to be very much regulated by their pro-
tesdings, and so to proportion the issues and liabilities, that no
eapriciousexercise of power, or abuse of privilege by the bank Cor-
poration could mar the progress of an important undertaking.
With a view, however, to meet the extension of business de-
manded by the increased commerce and enterprise of Ireland, your
Committee felt it to be for the general interest further to increase
the paid-up capital of the Company, so as to render it equal to that
of the Provincial Bank of Ireland, Wiz., 500,0001. They have, ac-
cordingly, made a call upon the British proprietors for a third in-
stalment of Si. per share, allowing to them the option of taking an
equivalent in the stock allocated on the Bth day of June last, rating
such stock to present proprietors at par. As the increased capital
can be profitably and with safety employed, your Committee antici-
pate a prompt and cheerful compliance with the requisition. It is
Obviously the interest of the Irish proprietors to go hand in hand
with the British ; union of exertion and equality of interest being
the great foundation of strength. In order, therefore, to proportion
the payment towards the capital stock of the Company, and con-
sidering it for the permanent interests of the shareholders and the
Welfare of the country, your Committee recommend that you should
sanction and direct a third call upon the Irish shareholders, allow-
legthe same option as to the British—namely, to take an equiva-
lent to the amount of the call in increased stock at par. Such a
tleasure, promptly adopted by the British and Irish shareholders,
will be productive of the best results, and must add considerably to
the value of investment, as also to the welfare of all concerned.
A:though the paid-up capital (including the third call of 51. per
share, or allocated stock,) amounts to upwards of 400,0001., vet the
ample field presented, particularly in the province of Ulster, for the
Profitable employment of capital in banking operations, makes it the
Individual interest of the shareholders to increase the available ca-
pital to a standard allowing of perfect liberality towards all de-
serving of credit ; independent of which your Committee cannot
overlook the important suggestions flowing from the Parliamentary
Report on joint-stock banks in England, both as to the expediency
of a large paid up capital in such undertakings, and the ne-
"salty for vigilance and circumspection therein. It may be in-
ferred, from the report made by the Parliamentary Committee,
that such companies as have ample paid up capital, in proportion
to that subscribed for, shall meet with legislative advantages su-
perior to others, and, at the expiration of the charter of the Bank
of Ireland (in little more than one year), will stand in a position,
in, ere strongly, to protest against its renewal, as a monopoly of
uanks of issue in Dublin, and the circuit of fifty miles thereof. It
is, therefore, the manifest advantage of the united proprietors to
leave no groun,d for cavil ; and, by making the paid up capital of
the company equal to that of the Provincial Bank (of whose di-
rectory the Right Hon. the Chancellor of the Exchequer was or
is a leading member), place your Company upon at least an equal
footing for favour or privilege.
tn conclusion, your Committee refer to thelnnexed Balance
Sheet , by which it will appear, that, notwithstanding the distur-
bance in public credit, and the pressure on the moneyed and com-
mercial glasses, occasioned by an excess of speculation, and move-
ments of the Bank of England resulting therefrom, the balance to
the credit of profit and loss will justify a dividend at the rate of five
Per cent. per annum, for the past half-year ; which your Com-
mittee recotomend accordingly. WILLIAM HODGES,
JAMES DWYER,
Fleet-street i Oct. 17, 1836. J. CHAMBERS.
The Balance Sheet was then read by the General Manager,
William Mitchell, Esq., and a Dividend at the rate of Five per
-,,&1t. per Annum voted by the Meeting.
E Cto the motion of J. R. PIM, Esq., seconded by PHILIP JONES,
Sti, ~ the Report was received and adopted.
efr. GRESHAM then rose, and said he was really delighted to find
j: Committee had been enabled to make so good a report for the
have
half-year, when it could not be denied that the Company must
„,..oe passed through a trying ordeal during the late panic in the
:',soey market ; and though it was his intention to have moved for
14-' ‘4omrittee of audit to invastigatc the minute proceedings of the
—°ard, yot he was agreeably relieved from that trouble by the very
t ourishink- rep t then laid before them. He should, however, ask
the C,haamit aint-sorwhether the surplus, which appears by the balance
seeet o an actual surplus after all bad debts, and over and
ab°,Ze all the capital subscribed?
loe LoansilLxvoa answered in the affirmative.
ikAlr. GaEsits,ll. then expressed himself perfectly satisfied.
ii,"'lr• JAME. S R. rA RRY testified his pleasure, as a Proprietor, at
""e progress of the Company, based as it was upon the good of the
eottntry,
t' vras called to the Chair, and thanks re-
„ TAN i-IM, ...sroe,l to H
the Chairman.q., --

ES.
N[onNesiEUß MALLATtathriedirSFOßlNENSbsSurvon
cippc, THAti.sitsi.orietspreHetEfuATanat
i CONVENIENCE OF
TAI3" CONNECTION, they have OPENED an ADDITIONAL ES-
)lt LLISHMENT, at No. 10, LUDGATE-HILL, City (opposite the
CONL,,SAU v AGE INN) , where
O ONE of the AOVE FIRM may he
N. 1A7,13 daily, and at their LD ESTABLISHED RESIDENCE,
cGot. GRLAT RUSSELL-STREET, BLOOMSBURY., where they
litlae to RESTORE DECAYED TEETH with their Celebrated
SLTCCEDANEUM, so universally recommended by the Fa.
411 London and Paris. The operation of Filling Teeth is performed
few seconds, without the slightest pain, heat, or pressure. They
ta, s„ASTEN I.OOSE TEETH, in a manner singularly efficacious,
40,i,'„PPLY WHOLE or PARTIAL -SETS of TEETH. INCOR-
Plot; .LE ARTIFICIAL or NATURAL TEETH, from one to a corn-
tver 3et, fixed without wire or other ligatures—guaranteed to answer
Yinurpose for Mastication and Articulation.
Charges as in Paris.
a 2, GREAT RUSSELL-STREET, BLOOMSBURY, and
10, LUDGATE-HILL.

--........ ,
1
4 SCROFULA AND SCORBUTIC AFFECTIONS.
LT_ERATIVE-TONIC POWDERS AND
tland„, I
PLLS.—A certain specific for the removal of scrofula,
akin "gar anti scorbutic affections, secondary symptoms, eruptions of the
tad 'Pains in the bones, ulcerated sore throat, chronic rheumatism, local
tr4eneral debi.Uty, loss of appetite, depression of spirits, and all diseases
qui_ g from ass i,mpure state of the blood. Persons in the habit of taking'
Vi....ne will find t bese powders by far the most efficacious tonic.
lisela pared only by • the Proprietor, M. 0. Wray, 118, Holborn-hill ; and
"'ski': Packages at 4.5. 6d., Ils., and 21s. each ; and wholesale by Messrs.
ae) s , Y and Sons, ea,. Farringdon-street ; Butler, 4, Cheapside ; Sutton
Fieislm a 10, Bow Chm-ehyard; and retail by Stradling, gate of the Royal
kat:age; Sanger, lao, Oxford-street ; Lowe and Hornblower, 47, Black-
"*".lad ; and all respect.ablepatent medicine venders in town and country.
NERVOUS DEBILITY, &c.—MEDICAL
toor,i ETHICS.—The following works will serve as guides and
tire tor/ to all who may feel interested in their perusal :-1. he JEgis of
Sr.esemts an extended view of the causes and effects of self-abuse, in.
Zritat!anee. and libertinism, as tending to produce debility, and nervous
.e 4,1.°,ni '2: The Syphilist recommends itself to the serious notice of
,„_.•YPhif".cf pl.asure when suffering under the constitutional effects of
"al,. a ..,',ec. S. Ilygeiana is addressed to the reserved and sensitive fe-
elie.;."l.o rase bklssess in this work a confidential adviser under the most
soutizeei eircum- -stances ; even where the hopes of maternity have been
Testi aYed•
111.5 suernonials : o ...yhese books can he safely recommended, as well for
the
aurnial truths thej, contain, as for the extensive. and successful result. of
~'e hors experiemle."-London Morning Journal. "We agree with
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fer ."„tsained in this woilt are interesting and useful."-Edinburgh Pa-
yn 1 f his publication, while it neither spares the aged voluptuary, ttor
:,lasguit„th.„ful prodigal, offers to both the most important advantages."...
ii'le te"„'r.,,aPer. " This work (Hygehina) is properly called an analysis of
e °nit; -.aie Complaints: it is written in a very peculiar style of moral ad-
sh*enty4)edn'l';'- Dublin combineM. " Th.ese w. ci.rks have passed through
ere am__ ions; they utility and simplicity, and we recommend
the arlinglY."-Dublin Weekly Journal.
qi Graft.'" May be had of Sherwood and Co., Paternoster.row ; Porter,
asgow
.0n street, Dublin ; 12, Calton-street, Edinburgh ; 86, Trongute,
U 7 coesi and an Booksellers. Price ss, each.-Messrs. Goss and Co. may
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Ps" Will i," any part of the world. No difficulty can occur, as the medi
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-----=''''er-place, Strand,
the Lo' !idol!:
.1114T11 AND BEAUTY.—An eminent
Itto„,t4et
anima
Writer has remarked, and experience has proved
4ted-ach a,Jond disOute, that those who are attentive to keeping the
geu -. bowels in proper order, preserve health, prevent disease,
desirable rally attai
purpose n robust, cheerful, and healthy old age ; for that truly
ai‘, ~.
STIRLING'S STOMACH PILLS
ti_XtrZttioe,. 21 rlv adapted, being prepared with the Sulphate of Quinine,
7, br',.,:,h arnomi le Flowers, and the most choice Stomachic and Ape-
ce.stiey h 5 of the Materia Medica.
Sehre Of st'e nt all cases proved superior to every other medicine in the
trsatjou °mach and Liver Complaints, Indigestion, Loss of Appetite,
,4,?ituai r?t Fullness, Sick Headach, Pain and Oppression after Meals,
1478. iioostivness, Flatulen....e, Shortness of Breath, Stomach Coughs,
shel'lent to th seand Fits in Children and Grown Persons, and .!11 Diseases
ill)ro,!ire a e Stomach and Bowels. They are also truly efficacious in
ree'.Y, aro Colds, Agues Asthmas, Rheumatism, Gout, Jaundice,
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4 1141_:Ch ,
,!lricee. at table, as they gently cleanse the bowels, strengthen the
ty u" lte y:, . en the breath, cheer the spirits, brace the nerves, induce
1,.
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iii.:.,e, he
N‘eittn‘ales who value good health and personal appearance, should
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b.. elear`lnenus eruptions, sallowness, &c., and give the sk n a beau-
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Vali, •• are s Y, and blooming appearanc.e. Persons of a plethoric
.I,iinoss, iii_ nnteet to headache, fits, giddiness, dimness ot sight, or
asew to sh ahead
noise in the ears, which indicate too great a flow of
ahasc mild, should be particular to take them frequently. They
20 ay r ugntle in theiraction, that children
Lain
persons of all
a„R4Slis- 'aka theel
-,ett iwat that at any time, isi they do not contain mercury or any
to te. divide..,requires confinement or restriction of diet. Many healthy
th 'e the, duals, Come of one hundred years and upwards, mike it a rule
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ever:;9 cheerfulnessl in surpng degree, all the energy, vigour, viva.
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oth.nisttue„fll
_a remedy in case of sudden illness_; for, by their prompt
FLZ, :larnin uholera.Morhus, Cramps, Spasms, Fevers, Apoplexy, and
lieges: pre,'"4...
,mplaints, which too often pi ove fatal, may considered ly
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tensed by the oven restored to sound health by them. This can be
s,ro.patient.e teitimony of thousands and phown by letters from nurne-
kisur all theli who have benefited be their unrivalled efficacy. To de-
di. asn „ r excencn,t - • •
0_ n . la opertie-, and the cures they have performed,
rit or
cure,ich ,li and
framed y ; in fact, there notiTly any
i, Pre„,;., aure /lonian is subj ct that they will Whet' pre-
-11110:ired eei. none in wh;,h they can possibly 4o harm.
".jtici Pa 114di ananist, $6, High-street, Whitechapel,
asediCirie• 9d., 48, 6d.nand
Venders in the Ki'.ll:l.:dealh'i 4.714 tnai be bad of all the
.