The Sun.
London, England, 1840-03-10 00:00:00

'BRITISH COLONIAL BANK AND
LOAN COMPANY.
Office, 13, St. Swithin's-lane, Lombard-street.
Capital 1,000,0001., in 25,!00 Shares of 401. each.
Deposit 51. per Share.
DIRECTORS.
The Right Hon. Sir R. Wilmot Herton, Bart., Chairman.
The Right Hon. Thomas P. Courtenay, Deputy Chairman.
Sir William de Bathe, Bart. Geo.AlfredMuskett,Esq.,M.P.
Robert John Bunyon, Esq. ,Sir Francis Shuckburgh, Bart.
Sir Herber* Compton William Sloane, Esq.
Andrew Tucker Follett, Esq. James Stewart, Esq.', M.P.
Colonel Sir William Gossett John Shea/ell, Esq.
M. A. Geldsmid, Esq. Thomas Teed, Esq.
Sir J. De Courcy Laffan, Bt.
BANKIRS—The Commercial Bank of London, 3, Moorgate-
street, Bank.
SOLICITORS—Messrs. Adlington, Gregory, Faulkner, and
Follett.
SECRETARY—WiIIiam Wright, Esq.
The objects of this Company are to make Loans upon good
securities, and eventually to undertake Banking and Agency
Business in the Australasian Colonies; and the Directors,
from various sources of intelligence, are confirmed in their
opinion that these transactions may be conducted with all the
safety and advantage they originally contemplated.
The Deed of Settlement is now ready for signature, at the
office of the Company.
Considerable subscriptions have been already received, and a
large number of Shares are reserved for the Colonies ; but the
Directors will be ready to receive applicatiOns for the remain-
ing unappropriated Shares reserved for this country.
Prospectuses. and all other necessary information may be ob-
tained of the Secretary, at the office of the Company.
Deposits of 21. per Share, to accompany each application,
may be paidin London to the Commercial Bank of London, 3,
Moorgate-street, Bank ; and to the principal Joint-stock Banks
and their branches throughout the country.
-

BRISTOL and EXETER RAILWAY,
The Seventh Half-yearly Meeting.
At the HALF-YEARLY GENERAL MEETING" of
this Company, held at the Merchants' Hall, in the City of
Bristol, on Tuesday, the 3d of Mai ch, 1840,
FREDERICK RICKETTS, Esq., in the Chair,
It was unanimously resolved :
Moved and seconded by JAMES GIBBS and C. B. FRIPP,
Esqrs. :
1. That the corporate seal of the Company be affixed to the
register of proprietors now produced.
Moved and seconded by G. W. HALL and T. L. SUILIIACE,
Esqrs.: •
2. That, the report of the Directors now read be received and
adopted, and that they be requested to print'the' same.
Moved and seconded by C. B. Filare and W. WAT,ioN,
Esqrs.
3. That ,the notices of forfeiture issued by order of thO
Directors as 'to 107 shares in this 'Company, specified in the list
of numbers now read, be confirmed, and the. same are accord-
ingly forfeited.to this Company. •
Moved and seconded by R. BRIGHT and Jo' Pl{ TALBOT,
Esqrs. :
4. That William Watson, William Browne, M. H. Castle,
and Thomas Kingston, Esqrs., be re-elected Directors of this
Company.
Mewl and seconded by GEO. Jorms and JAMES Bowstma,
Esqrs.:
5. That the Directors be authorised to apply to Parliament
for a Bill, of which a draft has to-day been submitted to this
Meeting.
Moved and seconded by J.,P. BARTROM and T. W. HILL,
Esqrs.
6. That the Directors be requested to proceed with the ne-
gotiation with the Great Western Railway Company, as to.
leasing the Bristol and Exeter Line, and to convene a. Speekl
Meeting of the Proprietors to consider of the rat fication of
such arrangement as the Directors may have provisionally con-
cluded.
Moved and seconded by Dr. MILLER and W. BEADON,
Jun., Esq.
7. That the thanks of this Meeting be respectfully presented
to the Society of Merchant Venturers, for their kindness in
granting the use of their Hall:
Moved and seconded by W...T.ornm, and JOHN WINWOOD,
8. That the best thanks of the Proprietors be given to the
Directors for their able and zealous management of the affairs
of this Company.
FREDERICK RICKETTS, Chairman.
The Chairman having quitted the chair, it was taken by
James Gibbs, Esq., when—
RICHARD BLIGH.Esq. and J. J. Moan, Esq., moved and se-
conded. and it was resolved by acclamation,
9. That the cordial thanks of this Meeting be given to Fre-
derick Ricketts, Esq., for his able and judicious cow; act in the
chair.

JAMES GIBBS, Deputy Chairman.

ROYAL BANK OF . AUSTRALIA
Capital, 1,000,000, in 20,100 Shares of 501. each.
• Deposit 3/. per Share.
DIRECTORS.

Benjamin Boyd, Esq. lAlexander Cockburn, Esq
Thomas Meux, Esq. • William P. Craufurd, Esq,
George Webster, Esq. John Connell, Esq.
John W. Sutherland, Esq. John Mitchell, Esq.
STANDING COUNSEL.
Peter Laurie, Esq. • •
SOLICITORS.
Messrs. Parken and Webster, 13, New Boswell Court.

Messrs. Johnston and Farquhar, 32, New Broad-street.
BANKERS.

• Union. Bank of London •
Moorgate-street, Lothbury ; and Argyle place, Regent-street
Edinbargh—National Bank of Scotland.
Leith—Edinburgh and Leith Bank.
. Glasgow—Wostern Bank of Scotland.
Greenock—Greenock Bank.
Aberdeen—Town and County Bank.
Arbroath—Arbroath Banking Company.
Dumfries—Southern Bank of Scotland.
Ayr—Ayrshire Banking Company. • •

The object of the Company is for the transaction of all
Ranking business at SYDNEY, LAUNCESTON, ADE-
LAIDE,:PORT PHILIP, and such other places as the Di
rectors may deem advisable ; and it is intended to apply, as far
as possible, the system which has proved so successful in Scot-
land.

The.extraordinary progress which the Australasian Colonies
have made within the last few years, the continued flow of emi-
gration towards them, together with the high vain?, of money
there, call for an increased number of establishments of this de-
scription, and the prosperous condition of the Ilatls already hi
operation is a sufficient guarantee that under prudent manage-
ment this Investment must prove a most profitable and secure
one to the Shareholders, as high rates of interest are obtained
with perfect security in a country where, from well ascertained
data, Capital is improving at rates varying from 50 to 75 per
cent. per annum.

The following Extract from the Official Share List of February
4th, 1840, shows the present value of Stock in Two of the
Australasian. Banks formed in London

Original Share. Paid up. Present Price
Bank of Australasia .£4O £4O 0 £57 'lO

Ditto (new Shares) 40.... ... , . 10 0 'l7 -10
Union. Rank of Australial 23
• 17 10 25 11)
(established in 1838) f
Nor can the prosperity of Banking operations connected with
those Colonies be better illustrated than by refei once to • the
satisfactory Report of the Directors of the Union Bauk of
AUstralia, presented to the Proprietors at their. General Meet-
ing, on the 3d of February, and by the folloaing extract froin
the Rev. Henry Carmichael's Pamphlet on New South Wales,,
wherein he observes—" There are at present in Sydney three
Joint Stock Banking Companies in operation, with a paiduP
capital of abut 80,000/. each ; whirls divide a profit :-nnually
of from 20 to 25 per cent. His Excellency Sir James Stirling
also, in his recent work on Western Australia, says, in allusion
to the 'Western Bank of Australia, " The second half-year left.
a clear prat over the experidittire of 14 and a half per cent.,
which, after setting aside. one-fifth as an accumulating fund,
according to an existing rule,, the Directors to declare' a
div:dend of 11 and a half per cent. on the paid-Up capital ;at
the dote of the year no dishOnoured bill remaining on hand, nor
had .the Solicitor of the Bank to commence a single suit for the
recovery of a debt due to it." •
The DireCtois have for some time been mak'ng arrangements
for immediately carrying into effect the objects of the Cam-
party ; and in order to advance the influence of the Bank in the
Colonies, they have reserved a portion of the shares for distri-
bution there.

As the principal part of the business must necessarily be car-
ried on in the Colonies, it has been thought inexpedient to
have a numerous Board of Directors in London : it bas time-
fore been determined that the number shall not at any time
exceed ten ; but. to secure the prudent administration of the
affairs of Ihe Bank, a complete system of superin!endence is
now being organized by the Directors for the Establishments
in the Colonies.

A sufficient, capital has already been subscribedto enable the
Directors to commence business immediately. They have
therefore resolved, in order to avoid the inconvenience which
has been found to arise in other undertakings from an unre-
stricted application of shares, and to induce only those to apply
who wish to become bona fide proprietors, not to entertain auy
application unless made in the printed forms provided by them
for that purpose, and accompanied by a payment of 2/. upon
each share applied for, the Directors reserving to themselves,
at the time of appropriation, the right to reject or comply with
such application, either in whole or in part, the money to by
returned if the application be rejected, and to be placed to the
credit of the party in respect of the shares allotted to him
if accepted.
For the guidance of those who may wish to become proprie-
tors, it may be mentioned, that it is not in contemplation to
call up more than 101. per share for thy next twelve months.
The Directors have postponed fiiling up the London Board
to the full number of ten, in order to give them the opportunity
of selecting influential proprietors, whose assistance and co-
operation they may think it advisable to secure for the interests
of the concern ; power is reserved to them for that purpose,
and they are also authorized to complete all other arrangements
necessary for putting the Company into immediate operation.
Application for shares, in. accordance with the printed form,
to be made to Messrs. Boyd, 4, Now Bank Buildings, Lotlibury,
London

rllO BE SOLD, by Pit IVA FE CON-
TRACT, the SWANSEA LIBRARY, CALVERT-
STREET, SWANSEA, SOUTH WALES.

The above is an eligible opportunity for one or two females
of business-like habits and courteous manners, possessing a
small capital, to invest it in an old established business, of 17
year's standing. The Proprietor's only reason for giving it up
is, that, in consequence of a recent family bereavement he is
retiring from .business; the stock consists of from 2,700 to
3,000 volumes of books by the most approved Authors, an
assortment of stationery, music, Berlin wools, Berlin patterns,
together with a regular assortment of haberdashery. The
Premises may be had for a term of years, if the purchaser wish
it, as it is the property of the Advertiser. Any person de-
sirous of treating for the same may obtain further information
on application to Mr. John Summell, No. 13, Ironmonger-
lane, • Cheapside, London ; or to Mr. W. Bryant, Swansea
Library, Swansea. If by letter, prepaid.