The Sun.
London, England, 1866-12-07 00:00:00

WATERLOO BRIDGE.

The half yearly meeting of this company was held
yesterday at the Freemasons' Tavern; Mr. Ander-
son in the chair.

Mr. POWELL, the secretary, read the report, which
stated the receipts for the half year ending August
23 last amounted to £11,475, and for the corres-
ponding period of the preceding year to £11,394,
showing an increase of £Bl. At the last general
meeting the dire,:ters stated that after paying the
current charges and a dividend of 4s. Bd. in the
pbund there remained a balance of 14,923. 'The
Board now reported that after paying the current
disbursements and providing for the interest on the
company's bonds, and paying a dividend of 4s. Bd.
in the pound, there would remain a balance of
£5,314.

Mr. BIRD moved the adoption of the report, which
was seconded by Mr. TURNER.
Mr. PARSONS wished to know what the average
balance at the bankers was, as he was of opinion
that if the compuyld keep down that balance
a little more it would be much better.

The CHAIRMAN said that, after paying all charges
there remained a sum of £5,400. The average ba-
lance at the bankers was £6,000. There was £52
for the half year's interest.
The adoption of the report was carried unani-
mously, the report of the auditors was read and con-
firmed, and the retiring directors and auditors re-
elected.

The CHAIRMAN, in answer to questions, stated
that no proposition for purchasing the bridge had
been made to the directors. Since the committee of
the Home of Commons, which sat in 1864, nothing
had taken place ; and it was not their intention to
offer the bridge for sale, because it was very un-
likely they would obtain the value of it.
The proceedings concluded with thanks to the
chairman.

JOINT-STOCK DISCOUNT (LIMITED).
Mr. It.
P. IlAßaiiNu,
of
thistthe official liquidator, in a
statement of the affairs
company, brought up
to the 30th of November
last, explains that—" It
s a
being still impossible to t
securities which are held against
d thct liabilities and
the actual value of the
on account of the debts, I have
thought
to include in this statement a classifiedit it desirable
list of such
securities, stating their nominal values. Such no-
minal values are very much more than the a
which these securities were estimated when taken ints
at
the company, and of the total—viz. £1,662,51617b5y
2d., £630,869 ss. sd. is the nominal value of those.
which are held against sundry debts, and in respect
of the bills receivable in hand and overdue, included
in the preceding total of £937,560 9s. ad. A first
dividend of 6s. Bd. in the pound will be forthwith
paid out of the cash and proceedsof Exchequer-bills
to the creditors of the company, whose debts have
been proved and allowed, and if the call be properly
responded to I expect to be in a position to pay a
further considerable dividend early next year."
This statement of affairs shows that there is in cash
and Exchequer-bills £350,971, leaving £705,575 to
be provided by the realization of assets and securi-
ties, and from the remaining capital unpaid. The
assets consist of lease of premises, &c., £2,670;
sundry debtors, £587,535 ; bills receivable in hand
£28,000 ; bills overdue, £322,225 ; total, £937,560.
The railway securities consist of £289,413 in deben-
tures and mortgage bonds, £297,260 Lloyd's bonds,
£90,000 acceptances, £206,200 preference shares,
£196,160 ordinary shares, shares in public com-
panies, bill guarantees, &c., £583,483, together,
11,662,517. The capital remaining unpaid amounted
to £B34,394—making the total £3,437,141.