The Sun.
London, England, 1858-01-22 00:00:00

FORTY-FIRST REPORT of the LONDON
JOINT-STOCK BANK.
At a GENERAL MEETING of the SHAREHOLDERS, held at
the Banking-house of the Company, in Princes-street, Mansion-
house, on Thursday, the 21th of Jan., 1858,
Chairman—WlLLlAM BIRD, Esq.,
Deputy-Chairman— GEORGE MEEK, Esq.
DIRECTOR:3.

William Bird, Esq.
\Vattern Blount, Esq.
Ald. Sir George Carroll.

Henry Grace, Esq.
William J. Lancaster, Esq.
Sir John M'Taggart, Bart.
George Meek, Esq.
Ambrose Moore, Esq.
John Timothy Oxley, Esq.
John Joseph Silva, Esq.
George Tayler, Esq.

William Miller Christy, Esq.
Md. Sir James Duke, Bart., M.P.
Philp William Flower, Esq.
George Holgate Foster. Esq.
Francis Bennett Goldney, Esq.
Will. Ormsby Gore, Esq.
TER MANAGER—George Pollard, Esq.
Soucrroas—Messre. Clarke and Morice.

The fo'lowing Report was presented :
The annexed accounts exhibit the position of the Bank on the 31st
ult., and it will he seen that, after providing for all losses and charges,
there remains a net profit of 83,5661. 95., which the Directors have
ap, ropri ted as follows, viz.:-
37,5001. Os. Od. to a dividend at the rate of 12% per cent. per
annum.

30,0001. Os. Od. to a bonus of 10s. ear share.
16,066/ 98. Od. to the credit of the guarantee fund.

Dy the above addition a d the accrulini interest, the Guarantee
Fund is raised to 157,011/. 9s. Id., and the hirec•tors feel very t on-
fldent that this aurrentation of their res'•rve will be satisfactory to
•he hart holders, when viewed in connection with the enlarged scale
of the f'a•. k's I perationi.
The dividend and bonus, free from income tax, will be payable
'n and after Friday, the 29th instant.

The follow ng gentemen, w o retie, in the order of rotation, viz..
Stir James Duke, Rart., Ambro4e Moo•e, Esq., William Bird,
wsq., and John Tim, thy tlxl.y, Esq.. off. r -'hemselves for re-elec-
tion; and the lamented d ath of .%rchlbald Elastic, Esq. M.P..
hiving caused another vacancy at the Board, Donald Lama, E q.,
a duly qualified shareholder, who has given the necessary not•ce,
presents himself as a candidate for the vacant seat.
The Directors cannot allow this op ortunit% to pass without some
expression of their hi :h sense of the honourable character o their
deceased friend and colleague, whose zealous exertions were never
wanting when required to promote the interest of the Bank; and
they feel assured that the Proprietors will participate in their regret
for his loss. _ _ . _

The Shareholders have already been apprised by advertisement of
the ree-nt retirement from the Direction of Thomas TiMon, Esq.,
who, having undertaken Important public duties, has considered it
nec-ssarv, much to the regret of his b other Directors, to res gn his
seat at the Board.
An Extraordinary Meeting of Proprietors will be called for the
let of April next, to elect his successor.
The preceding report having teen read to the meeting by the
Secretary, a dividend for the halt-year ending the 31st December
last, after the rats of 12% per cent. per anunm, and a further divi-
.ion of 10s. per share out of the net profits of the year ending as
shave. were declared by the Chairman.
Res dyed unanimously—That the report now read be received, and
that it be printed for the use of the shareholderS.
The following Directors, having retired by rotation, were unani-
mously re-elected, viz.:— _

Sir James Duke, Bart., m.r.,
Ambrose Moore, EA.,
William Bird, Esq.,
John Timothy Oxley, Esq ; and

_
Donald Larnach, Esq.,
was also unanimously elected a Director, in the place of Archibald
Hastie, Esq., M P., deceased.
It was then resolved unanimously—That the best thanks of this
meeting be tendered to the Directors for their excellent general
management, and especially for having made an addition to the
Guarantee Fund.
Resolved unanimously—That its thanks be also offered to Mr.
Pollard for his valuable services in connection with this Bank.
(Signed) WM. BIRD, Chairman.
Extracted from the Minutes,
JNO. WARDROPE, Secretary.

LIABILITIES and ASSETS, THIJRSDAT, DEC. 31, 1857,
THE LONDON JOINT-STOCK BANK.

DR.
To capital paid up, viz., 60,000 shares at 101. each.. £600,800 0 0
To amount due by the Bank . ... 10,737,580 19 4
To amount of " The Guarantee _

Fund," June 30, 1857 .. • £168,421 13 7
To six months' interest on ditto,
at 31. per cent. per annum

170,948 0

To undivided profit for the last
half-year .. • • • • • . ...........
To amount carried to profit and
loss account ..........

166,354 13 7

£11,€74,883 13 0