The Sun.
London, England, 1867-01-26 00:00:00

CONSOLIDATED BANK
Limited).
Proceedings of the Half-yearly )General Meeting of the
Proprietors, held at the London Tavern, Bishopsgate-
street, in the City of London, on Thursday, the 24th
January 1867.
The following Report was presented :
In submitting the accounts and balance-sheet of the
hank for the half-year ending 31st December last, the
Directors have pleasure in reporting that the progress in
the re-establishment of the business during the last six
I.,llontlis has been very satisfactory. A large proportion of
their former constituents have re-opened their accounts,
'III,I there has been a considerable accession of business
from other quarters.
The anticipations of the Directors as to the sufficiency
of,t the sum set apart as provision for all the casualties of
'!e last suminor have not been disappointed ; and the
threctors have the pleasure of announcing that tho avail-
able resources of the bank now enable them to offer pay-
ment (less interest at Bank rate) to the holders of all out-
standing promissory notes, thereby anticipating by several
months the time accorded to the bank by the indulgence
of its creditors in June last.
A reference to the accounts will show that, after pay-
ment of all current expenses, the heavy charge of interest
on the promissory notes, interest to customers, and rebate
of interest on bills on hand, there remains a net
profit
Protn which sum it is pro-
posed to carry to reserved
surplus fund
_
make a payment of inte-
rest to Shareholders for the
half-year, at the rate of
five per Cent. per annum,
free of income tax, which
will amount to
_16,458 6 8
To carry forward to next ac-
count the balance of
£32,116 0 9
The reserved surplus fund will, by the addition of six
months' interest, and the appropriation now recommended,
oe increased to £90,000.
The Directors again decline to receive any remuneration
for their services during the half-year.
The Directors retiring by rotation aro Messrs. John
'eirse Kennard, James Alexander Bannerman, Thomas
Alers Hankey, Adam Steinmetz Kennard, Frederick Alers
Ilan,,key, and William Smith. Of these Messrs. Thomas
nallkey and Adam S. Kennard retire voluntarily ; the
re'lemaining gentlemen, being eligible, offer themselves for
reelection.
The meeting will likewise be invited to elect two audi-
tors. Messrs. David Chadwick and William Cooper offer
themselves for re-election.
February nxt.

CONSOLIDATED BANK (LIMITED).
BALANCE-SIIEET, DECEMBER 31sT, 1866.
rp Da LIABILITIES.
capital. paid up: viz.,
150,000 Shares at £1
each
£600,000 0 0
To
£4,000 Shares at £2
each lOO,OOO 0 0
Less Calls not paid

£700,000 0 0
, 997 0 0

£699,003 0 0

I.° amount duo by tho bank upon cur-
rent d • £2,908560 13 2
-posit, and other accounts
,
accepetances
.;e reserve fund 83,449 13 2
TO balance being gross profits for the
half-year ending 31st December, 1866,
after payment of £68,361 9s. 4d. hate-
r'st, viz., usual interest to customers,
£19,634 lls. 10d. and exceptional in-
terest on promissory' notes, £48,726
17s. 6d.

53,086 14 5

£3,920,811 12 10

ASSETS. Cu.
137 investments in Government Stocks,
viz., NOW Three per Cents., and Three
per Cent. Reduced £104,457 18 2
•L'Y cash in bank, at Bank of England, and
at call
$Y bills discounted,
2,884,879 19 2
s discounted, loans, and other seen-
,
-1-1 y bank premises, London (Thread-
, needle-street aud Fenchurch-street)
-11 current expenses, London and Man-
chester

727,510 3 5

190,722 5 0

13,191 7 1

£3,920,811,12 10
DR.
PROFIT AND Loss ACCOUNT.
To current expenses London and
,Man-
chester, income tax, &c.
4 rebate of interest on bills discounted,
Toot Yet due 7,779 6 7
d payment of interest to
Shareholders at 5 per cent. per annum,
viz.;
On 150,000 old Shares £4 paid, six
0 ntonths' interest 15,000 0 0
'
, 50,000 new Shares £2 paid, interest
rout due be date of instalments to 31st
To ~, ceo reserve
-1:0 balance fund
carried forward to next 6,550 610
account

£53,086 14 5
Bo 1,(7111*
of gross profits brought down £53, 086 14 5

£53,086 14 5
Thraiiiined and found correct,
DAVID CHADWICK (Chad wick,l
Adamson' and Co.)
S. Auditors.
-WILLIAM COOPER (Cooper,
Bros., and Co.)
'he T Senatice convening the Meeting having been read by
sheet Navin cetary and the preceding Report and balance-
g been taken as read, •
It was resolved unanimously—
That the report be received and adopted, and that the
Balee be printed and circulated among the Shareholders.
, That Messrs. James A. Bannerman, Frederick A. Han-
ne"ey, John P. Kennard, and W. Smith, who retire by rota-
n from the Board of Directors, be and are hereby re
elected Directors of the Company.
That Messrs. David Chadwick and William Cooper be
re-elected as Auditors of the Company.
That a payment of interest to- Shareholders for the half-
year ending 31st December, 1866, be now declared at the
ate of 5 per cent. per annum, free from income tax, and
Payable on the Ist February next.
That the thanks of the Proprietors be given to the Chair-
man and the Board of Directors for their zealous attention
to the affairs of the Bank.

J. Extracted from the minutes. A. TURNER, Chairman.
T. J. AGA, S
52, Threadneedle-street, E.C., Jan 24,81867 retary.

THESO LIDAI'IJD CO BANK
Lim
Subscribed C( apitalit d)..•e £2,000,000.
MUIR:MAN.
JOHN PEMBERTON HEYWOOD, Esq,
London and Liverpool.
DEPUTY-CHAIRMAN.
JAMES ASPINALL TURNER, Esq., Manche
City Office-52, Threadneedle-street. ger.
Charing-cross Branch-450, West Strand,
Manchester Office-46, Pall-mall, Manchester
Current Accounts will be kept in Lon don on the. tern-ks
ruling with the Joint Stock Banks. In cases where the
balance shall not at any time during the half-year have
been below £5OO, interest at the rate of 2 per cent. per
annum will be allowed on the minimum monthly balances.
Deposits will be received, at the current rate of interest.
Letters of Credit is;Aed to all parts of India, Europe,
mid America.

By Order.

T. J. AGAR, Secretary.

CONTRACT FOR SOTITS;NESTERS.
CONTRACT DEPARTMENT, ADMIRALTY.
Somerset House, 19th January, 1867.
THE COMMISSIONERS for EXECUTING
the OFFICE of LORD HIGH ADMIRAL the
VUNITED KINGDOM of GREAT BRITAIN andof IRE-
-1-JAND do hereby Give Notice, that on MONDAY, the 4th
February next, at Twelve o'clock at Noon, they will be
ready
to treat with such persons as may be willing to Con-
tract for supplying and delivering into her Majesty's Vic-
tualling Stores at Deptford all such quantities of

SOUTH-NESTERS
" may from time to time be demanded under a Contr act,
for Twelve Calendar Months certain, and further until the
expiration of Three Calendar Months' warning.
The Lords Commissioners of the Admiralty reserve to
themselves an unlimited power of selection in accepting
the Tenders.
No Tender will be received unless made on the printed
form provided for the purpose, and which may be obtained
c'n aPPlication in the Lobby of the Department of the Con-
troller of Victualling, Admiralty, Somerset House, where
the Conditions of the Contract and a pattern South- Wester
may be seen.
the No Tender will be received after 12 o'cbck at noon on
tendeday of treaty ; and it will not be required that the party
tendering, or an agent on his behalf, should attend at the
ring,
on tbe day of Contract, as the result of the offer -..e_
cfpved from each person will be communicated to ltiv, and
his proposed sureties in writing.
AdEvery Tender must be addressed to the Sec,:etary of the
miralty, and bear in the left-hand co
Tender for South-Western," :ner the words
at. the Department of the Control?
and InuPt, also be delivered
er also
Victualling, Ad-
sons, Somerset House, signed. by two responsible per-
s.;orks, engaging to become boa
in the sum of £lOO for th...rl :ad with the person tendering
tine performance of the Con-
tract.

By order,
ANTONIO BRADY,
ltegl;strar bf Contracts and Public Securities.

pROVIDENCE ROW NIGHT REFUGE,
FOR
HOMELESS WOMEN AND CHILDREN,
14A, Providence-row, Finsbury, E.O.
Sixty Thousand Nights' Lodgings, with Suppers and
Breakfasts, have been given in this Institution to the
destitute, who otherwise would have had to pass the
nights in the bleak streets or under railway arches.
At present nearly 500 Nights' Lodgings, with Suppers and
Breakfasts, are given gratuitously every week. The poor
from all parts are admitted, the only condition being that
they are homeless and starving. The Manager ttc,
receives no remuneration whatever. Notwith_;isbd-
lug the provision made by the Poor Houses, each
night numbers of young women, children, and orphans
are, for want accommodation, refused admittance, and have
to for
night after night in 'the cold, wet, and sleet. To
meet this evil, and to wovide more ample accommoda-
tion, £2,000 has been raised, but to accomplish the
work a sum of at least £l,OOO more will be required.
Besides providing shelter for the homeless, this year it
is propaed, as far as the donations obtained for the pur-
pose will allow, to give bread and coals to poor families
fin want. Will you, in your charity, help to carry on accomplish what has been began ? Will you help to aka
shelter to the really homeless, and food to til give
really
stamin The smallest donation will be fe.ust welcome,
and, nighg ? t
and morning, the prayers of the
deutitute will
be offered in your behalf.
FineSUBSCRIPTIONS are earnestly requested, and will bo
Eretfully received br,tllo Roy. D. GaalkliT DD WO. 22
UrY-CtrollP, E. 7