The Sun.
London, England, 1867-02-11 00:00:00

, .
DIRECTORS.
Nathaniel Alexander, Esq. Hugh C. E. Childers, Esq.,
john Edmund Anderdon, Esq M.P.
Thos. Tyringham Bernard, John Fleming, Esq.
Esq. Edward W. T. Hamilton,
Philip Patton Blyth, Esq. Esq., M.P.
John William Burmester, Frederick Harrison, Esq.
sq. William Champion Jones,
Coles Child, Esq. Esq.
William Nicol, Esq.
dANAGER.

GENERAL
William Mc

Kewan, Esq.

CHIEF IXSPF.CTOII.
W. J. Norfolk, Esq.
ASSISTANT GENERAL MANAGER.
William Howard, Esq.
CHIEF ACCOUNTANT.
James Gray, Esq.
INSPECTORS OF BRANCHES.

H. J. Lemon, Esq., and 0. Sharing, Esq.

SECRETARY.
F. Olappison, Esq.
Head Office, 21, Lombard-street.

At the Annual General. Meeting of the Proprietors, held
On Thursday, tho 7th February, 1867, at the London
Tavern, Bishopsgate-street, the following Report for the
Year ending the 31st December, 1866, was read by the
Secretary.
lIUGH C. E. CHILDERS, Esq., M.P., in the Chair.

REPORT.
, The Directors, in submitting to the Proprietors the
alance-sheet of the Bank for the half-year ending the 31st
• December last, have the pleasure to report that, after pay-
ing all charges, and interest to customers, and making
ample provision for bad and doubtful debts, the net profits
amount to £101,998 15s. This, added to £17,468 16s. 6d.
brought forward from the last account, produces a total of
£119,467115. 6d.
6 They recommend the payment of the usual dividend of
half-year
per cent., together with a bonus of 8 per cent. for the
both free of income tax, which will absorb
£105,000, and leave £14,467 lls. 6d. to be carried forward
to Profit and loss new account. The dividend for the whole
Year 1866 will thus be 25 per cent.
At th 6 meeting in February, 1866, it was intimated to
thepreprietors that the Directors propcsed to increase the
capital of the Bask, and at the meeting in August, 1866,
the
Proprietor; by a resolution, adopted the recommenda-
tion of the Directors. It will be proposed to act upon this
resolution (which will roiiiire formal confirmation) by the
issue of 12,500 now shares, to be offered pro rata amongst
the Proprietors as they appeared on the Register on the
4th instant, the date when the Transfer Books of the Com-
P'toY were closed, such shares to be issued at the price of
£4O each, being a premium of £2O per share. The total
number of shares will than be 50,000. Full particulars
of the issue will be transmitted by circular to each Pro-
prietor.

The Directors have to announce the retirement of El-
Ward J. Hutchins, Esq., and William Lee, Esq., M.P., from
the Direction, and the election of Hugh C. E. Childers,
Esq., M.P., and Edward W. T. Hamilton, Esq., M.P., iu
their stead.

The Directors retiring by rotation are—Nathaniel Alex-
ander, Esq., Thomas Tyringham Bernard, Esq., and Wil-
liam Nicol, Esq., who, being eligible, offer themselves for
re-election.

There is a vacancy in the Auditorship, through the dis-
qualification of Mr. Robert Escombe, and it is in the power
of the meeting to fill this up.
The dividend and bonus (together £2 16s. per share),
free of income tax, will bo payable at the Head Office or
at any of the Branches, on and after Monday, the 18th
instant.
BALANCE-SHEET OF THE LONDON AND COUNTY
BANKING COMPANY, 318 x DECEMBER, 1866.
To capital paid up
To reserve fund
To amount duo by the
Bank for custo-
mers' balances, ltc. £12,057,000 12 8
To riabiiities on • ac-

e°Ptances 1,580,761 9 2

13,637,762 1 10

luo profit and loss
balance brought
from kit account 17,468 16 6
To gross profit for
the half-year, after
making provision
for bad and doubt-
ful debts ....

319,957 11 9

337,426 11 3

£14,975,188 13 1

.n CR.
"3, cash on hand at
'lead
ches Office, and
£1,767,383 3 3
bran
163' cash placed at call
and at notice

734,056 3 7

£2,501,139 6 10

•
trivestraents,
Government and
Guaranteed Stocks 691,953 0 6
.15Y other stocks and
809urities 101,8.99 12 9
- 797,852 13 3
-
33Y discounted bills and advances to cas-
e freehold premises in Lombard-street
and Nicolas-lane, freehold and lease-
hold property at the Branches, with
Rxtures and fittings 176,313 12 8
,
-2Y interest paid to customers
salaries and all other expenses at
Ileac' office and Branches, inel ;Ain
income-tax on profits and salaries 99,813 it 9

V 4,975,188 13 1
PROFIT AND LOSS ACCOUNT.

Dn.
To interest paid to customers
T,,,0 expenses, as above
40 rebate on bills not due, carried to
ocw account 24,861 2 1
ToY ear
To dividend of 6 per cent. for the half-
-45,000 0 0
.........
bonus of 8 per cent... .
To balance carried forward

£337,426 11 3

Cu.
By balance brought forward from last
account £17,468 16 6
Foss profit for the half-year, after
making provision for bad and doubt-
ful debts

£337,426 11 3
We, the undersigned, have examined the foregoing
balance_ sheet., and have found the same to be correct.
(Signed) WILLIAM NORMAN,}
R. Auditors.
SWAINE,
• London and County Bank, Jan. 31, 1867.
The foregoing Report having been read by the Secretary,
the following resolutions were proposed and unanhnoftsly
adopted:-
1. That the Report be received and adopted, and printed
for the use of the shareholders.
2. That a dividend of 6 per cent., together with a bonus
of 8 per cont., both free of income tax, be declared for the half-year ending 31st December, 1860, payable en and
after Monday, the 18th instant, and that the balance of
£14,467, lls. 6d. be carried forward to Profit and Loss
'IOW Account.
bil• That William Nicol, Esq., be re-elected a Director of
Company. That Thomas Tyringham Pernard, Esq.,
re-elected a Director of this Company. That Nathaniel
Alexander, Esq., be re-elected a Director of this Company.
That William Norman and Richard Hinds Swaine,
''squires, be elected Auditors for the current year.
5. That Frederic k Francis, Esq.,
for the current bo elected an Auditor
year.
6. That the thanks of this meeting
given to the
Board of Directors for the able manner in which they have
conducted the affairs of the Company.
7. That the thanks of this meeting be presented to
William Norman and R. 11. Swaine Esquires, the Auditors
0! the Company, for their services'during the past year.
wS.i
.That the thanks of the meeting be presented to
Mcliewan, Esq. and to the principal and other
() eers of the Bank, for 'the zeal and ability with which
they have dischargea their respective duties.
(Signed) HUGH C. E. CHILDERS,

a The Chairman.
, Chairman having quitted the chair, it was resolved,
no,
c carried unanimously,—
tW' ~b.• Thal the cordial thanks of this meeting be presented
—47g11 0. E. Childers, Esq., M.P., for his able and
courteous conduct in the chair.
(Signed) W. CHAMPION JONES,
Deputy-Chairman.
Extracted from the Minutes.
(Signed) F. CLAPPISON,

Secretary.

°l\thON and COUNTY BANKING
COMPANY.
_ IS HEREBY GIVEN, that a DIVIDEND
tonArthe Capital Stock of the Company, tho rate of Six
';,..Leent. for the half-year ending 31st December, 1866,
pri"eloarsl3°eitnhus of
Eight- per cent., will be paid to Fro-
nt -or at the head Office, 21, Lombard-street, or
AtIONDAY, the Com 18h inkny's
ilny rate of the Branch Banks, on and after
By order of the Board,
21, -"e W. McKEWAN, General Manager.
llibard-street, Fob. 8, 1867.

CON--RACT FOR BARRACK STORES FOR THE
ROYAL MARINES.
Contract Department, Admiralty, Somerset
House, 30th Jan., 1867.
TRE COMMISSIONERS for EXECUTING
111Typtplt OFFICE of LORD HIGH ADMIRAL of the
LANKINGDOM of GREAT BRITAIN and IRE-
tl:lieuia—th"ofo hereby give Notice, that on WEDNESDAY,
, February next, at Twelve o'clock at noon, they
t ready to treat with such Persons as may be willing
CONTD A
titztv-".„tIOT for supplying and delivering into h
wf's victualliug Stores at Deptford all such quart-
ITAND SCRUBBING BRUSHES, CLOTHES
BRUSHES and ROUND TOWELS,
RR in._
Aa4l"T from time to time be demanded for the use of the
ll:trines, under a Contract for Twelve Calendar
calendar
certain and further until the expiration of three
ualpdar month's' warnin •
f No Tender will be receivedg unless made on the printed
o°4llo provided for the ply•pose, and whirl) may be obtained
tr.-,4l)Pheation in the Lobby of the Department of the,Con-
-4 „woucer Df
ictualling, Admiralty, Somerset House, where
140 onditions of the Contract may be seen.
Tender
will be received after Twelve o'clock at
thatti the the day of Treaty; and it will not be required
" the Party tendering or an Agent on his behalf, should
aoltned at the Office. on the' day of Contract, as the result
eALOe offer received from each person will be communi-
4ct to hint and his proposed Sureties in writing.
-Atc lyrilriltyT,eanndder must be addressed to the Secretary of the
bear in the left-hand corner the words
at'-tt:ieinder for Barrack Stores •" and must also be delivered
rait,e,P°Partment of the Controller of Victualling, Adini-
ena„..," "°loerset House, signed by two responsible persons,
th—weg to become bound performs e Person tendering in
e sum of X3OO for the duence of the Contract.
By Order,
ANTONIO .BRADY,
Registrar of Contracts and Public
Securities.