The Sun.
London, England, 1869-02-05 00:00:00

Established 1836.

John William Burmester, Esq.,
John Fleming, Esq., and
William Champion Jones, Esq.,
who, being eligible, offer themselves for re-election.
The Dividend and Bonus (together £ll4s. per Share),
free of income tax, will be payable at the Bead Office,
or at any of the Branches; on and after Monday, the 15th
inst.

BALANCE-SHEET OF THE LONDON AND
COUNTY BANKING COMPANY,
31sT DECEMBER, 1868.

Du.
To Capital . .. £1,000,000 0 0
Instalments unpaid,
not yet due 14,644 0 0

f 985,356 0 0

Reserve Fund
Instalments unpaid,
not yet due

14,644 0 0

485,356 0 0

Amount due by the
Bank for Customers'

Balances, &c £12,462,789 3 1
Liabilities on Accep-
tances. covered by
Securities

15,705,710 17 4

Profit and Loss Ba-
lance brought from
last Account
Gross Profit for the
Half - year, after
making provision
for Bad and
Doubtful Debts 234,156 3 6

£4,092 3 4

238,248 6 10

£17,414,680 4 2

CR.
By Cash on hand at
Head Office and
Branches, and with
Bank of England _X1,853,340 16 6
Cash placed at Call and
at notice, covered by
Securities
..£3,048,912 15 11

Investments, viz.—
Government and Gua-

ranteed Stocks
Other Stocks and Se-
curities w..

60,128 7 3

Discounted Bills, and
advances to Cus-
tomers in Town and
Country
Liabilities of ens-
Omers for Drafts
accepted by the Bank
(as per contra)

1,326,391 1 1

... £9,430,486 8 5

Freehold Premises in Lombard-street
and Nieliola i-lane, Freehold and L, age-
hold Property at the Branches, with
Fixtures and Fittings
Interest paid to Customers
Salaries and all other Expenses at head
Office and Branches, includimg, In-
come Tax on Profits and Salaries

231,519 13 2
34,951 6 10

99,483 4 6

£17,414,680 4 2
PROFIT AND LOSS ACCOUNT.
DR.

To Int"rest paid to Customers, as above .04,951 6 10
Expenses do.
Rebate on Bills not due, carried to New
Account
Dividend of 6 per Cent. for the Half-
year
Bonus of 21 per Cent.
Balance carried forward

58,535 3 8
24,389 13 3
5,817 4 10

£238,248 6 10

CR.
By Balance brought forward from last
Account
Gross Profit for the Half-year, after
making provision for Bad and
Doubtful Debts

4,092 3 4

23:1,156 3 6

£238,248 6 10
We, the undersigned, have examined and approved the
above Balance-sheet.

WILLIAM NORMAN, I
(Signed) R. H. S WAINE. Auditors.
WHITBREAD TOMSON

London and County Bank, Jan. 28, 1869. -
The foregoing Report having been read by the Secre-
tary, the following Resolutions were proposed and unani-
mously adopted :
1. That the Report be received and adopted, and printed
for the us, of the Shareholders.
2. That a Dividend of 6 per cent., together with a Bonus
of 2} per cent., both free of income tax, be declared for the
half-year ending 31st December, 1868, payable on and
after Monday, the 15th instant, and that the halancq of
£5,817 4s. 10d. be carried forward to Frotit and Loss New
Account.

3. That John William Burmester, Esq., be re-elected a
Director of this Company; that John Fleming, Esq., be
re-elected a Director of this Company • that William
Champion Jones, Esq., be re-elected a Director of this
Company.
4. That William Norman, Richard Hinds Swaine, and
Whitbread Tomsou, Esquires, be elected Auditors for the
current year.
5. That the thanks of this Meeting be given to the
Board of Directors for the able manner in which they have
conducted the affairs of the Company.
6. That the thanks of this Meeting be presented to the
Auditors of the Company for their services during the past
year.
7. That the thanks of this meeting be presented to
William McKewan, Esq., to the Chief Inspector, to the
Chief Acceuntant, to the Secretary, and to all the Branch
Managers and other Officers of the Bank, for the zeal and
ability with which thay have discharged their respective
duties.

(Signed)

W. NICOL, Chairman.

The Chairman having quitted the chair, it was resolved
and carried unanimously-
8. That the cordial thanks of this meeting be presented
to William Nicol, Esq., for his able and courteous conduct
in the chair.

(Signed)
W. CHAMPION JONES, Deputy-Chairman.
(Extracted from the Minutes.)
(Signed) F. CLAPPISON, Secr6tary.

LONDON AND COUNTY BANKING
COMPANY.
Notice is hereby given, that a DIVIDEND on the
Capital of the Company, at the rate of 6 per cent. for the
Half-year ending 61st December, 18G8, with a Bonus of 2}
per cent. will b: PAID to the Proprietors, either at the
Head Office, 21, Lombard-street, or at any of the Com-
pany's Branch Banks, on and after MONDAY, the 15th
instant. *

By order of the Board.
W. McKEWAN, General Manager.
21, Lombard-street, Feb. 5, 1869.

IFEBOAT SERTICES.—Miring the Storms
ALI of the year 18GR, the National Lifeboat Institution
contributed to the Faving of 862 lives from various ship-
wr.w.k4 and 25 wss..ls from dest meth n. The Institution
Also cypen(lvd .£20,433 in the Fame period on it Lifeboat
Esthblishments, in addition to granting .£2.431 for re-
wards.

The Committee of the l_nA it t ion earnestly appeal to the
public for assimaneeto el,i3le them to Tottet tht3 continued
heavy demands On their ',Pt.; Lifeboat Establishments.
Cont rihnt into; will Le thank ftliv received by the London
emnary bankers, and by the Secretary, Richard Lewie,
E.ti., at the Institution, 11, John,:treet, Adelphi, London.

1011 N GOSNELL and CO.'S CHERRY
ti TOOTH PASTE is greatly snperior to any tooth
powder; gives the teeth a pearl whiteness, protects the
unmet from decay, and imparts a pleasant fragrance to
the treath. Price ls. 6(l.—Red Bull Wharf, 93, Upper
Thames-street. London.

LONDON AND COUNTY BANKING
COMPANY.

Subscribed Capital, 50,000 Shares of £5O
each.

Paid-np Capital, .£9Bs,3s6:lisserved Fund, .£485,356.
DIRECTORS.
Nathaniel Alexander, Esq. Frederick Francis, Esq.
Thos. Tyringham Bernard, Frederick Harrison, Esq.
Esq. Lord Alfred Hervey,
Philip Patton Blyth, Esq.' William Champion Jones,
John Wm. Burmester, Esq. Esq.
Thomas Stock Cowie, Esq. James Morley, Esq.
John Fleming, Esq. William Nicol, Etq.
GENERAL MANAGER— llliam McKeWan, Esq.
CHIEF INSPECTOR—W. J. Norfolk, Esq.
ASSISTANT GENERAL MANAGER—WiIIiam Howard, Esq.
CHIEF ACCOUNTANT James Gray, Esq.
INSPECTORS OF BRANCHES.
H. J. Lemon, Esq., and C. Sherring, Esq.
SECRETARY.—F. Clappison, Esq.
Head Office, 21, Lombard-street.

At tho Annual General Meeting of the Proprietors, held
on Thursday, the 4th Februa"y, 1869, at the City Ter-
minus Hotel, Cann3n-street Station, the following Report
for tho year ending the 31st December, 1868, was read by
the Secretary.

WILLIAM NICOL, Esq., in the chair.
The Directors, in presenting to the Proprietors the Ba-
lance-sheet of the Bank for the half year ending the 31st
December last, have the pleasure to report that, after pay-
ing interest to customers, and all charges, allowing for re-
bate, and making provision for bad and doubtful debts, the
net profits amount to £34,649 18s. sd. This sum, added
to £4,092 3s. 4d., brought forward from the last account,
produces a total of £8A,742 ls. 9d.
The usual Dividend of 6 per cent. for the half-year is
recommended, together with a Bonus of 21. per cent., both
free of income tax, which will absorb £82,924 16s. 11d.,
and leave £5,817 4s. 10d. to be carried forward to Profit
and Loss New Account. The Dividend for the whole year
1868 will thus be IGI per cent.
The Directors have to announce the election of Lord
Alfred Hervey as a Director, in the room of the Right
Honourable Hugh C. E. Childers, M.P., who has accepted
office in the present Administration ; the election of James
Morley, Esq., in the room of E. W. T. Hamilton, Esq.,
wbo retired on account of ill-health, and the elec-
tion of Thomas Stock Cowie, Esq., in the room of J. E.
Anderson, Esq., whose removal to reside in the West of
England compelled his retirement.
The Directors retiring by rotation are :