The Sun.
London, England, 1866-08-04 00:00:00

CHOCOLATE.-MF,NIER'S FRENCH.

CHOCOLAT-MENIER, for Breakfast.

CHOCOLAT-MENLE cio R is
.pure, wholesome, and
delius

WIENIER'S FRENCH CHOCOLATE.
Warehouse, 21, Ileurtetta-street, Covent-garden.
Sold everywhere.

THE CULTIVATION of TEA in the East
Indies is an important feature, and the EAST INDI
t.
TEA COMPANY have, on account of its great strength and
exquisite flavour, promoted its sale by every means. The
Company are now Belli g Assam, Cachar, Darjeeling*, /cc., at
the reduced duty —viz., from 2s. Bd. to 3s. Bd. per lb, and
China Teas as usual at is. 4d. per lb. and upwards. —Ware-
toues, No. 9, Great St. Helen's-churchyard, Bi.thopsgate.

LONDON and CO
COMP

Establish
Subscribed Capital X 1,873,000,
Paid up Capital £750,000,
DIREC
Nathaniel Alexander, Esq.
John Edmund Anderdon,
Esq.
Thos. Tyringham Bernard,
Esq.
Philiph Patton Blyth, Esq.
John William Burmester,
Esq.
Coles Child, Esq.

IUNTY BANKING
'ANY.
ied 1836.
1, in 37,500 Shares of £5O each.
, Reserve Fund £250,000.
:;TORS.
John Fleming, Esq.
Frederick Harrison, Esq.
Edward John Hutchins,
Wilsq.
l am Champion Jones,
Esq.
William Lee, Esq., M.P.
William Nicol, Esq.

GENERAL MANAGER.
William Mcliewan, Esq.
CHIEF INSPECTOR.
W. J. Norfolk, Esq.
ASSISTANT GENERAL MANAGER.
Willi4Bl Howard, Esq.
CHIEF ACCOUNTANT.
James Gray, Esq.
INSPECTORS OF BRANCHES.
H. J. Lemon, Esq., and C. Sherring, Esq.
SECRETARY.
P. Clappison, Esq.
HEAD OFFICE.-21, Lombard-street.
At the Half-yearly General Meeting of the Proprietors
held on Thursday, the 2d August, 1866, at the Lou lon
Taverni. Bishopsgate-street, the following Report for the
half-year ending the 30th June, 1866, was read by the
Secretary :
WILLIAM NICOL, Esq., in the Chair.

REPORT.

Tho Directors, in submitting to the Proprietors the
Balance-sheet, of the Bank for the half-year ending the
30th June last, have to. report that, after payment of all
charges, interest to customers, and making ample provision
for bad and doubtful debts, the net profits amount to
tA5,440 175.8 d., this with £14,527185.10d., brought forward
from the last account, produces a total of £99,968 Hs. 6d
They had declared the usual dividend of 6 per cent. for,
the half-year;with a bonus in addition of 5 per cent. (equal
to 22 per cent. per annum), which will amount to £82,500,
and leave £17,468 16s. Gd. to be carried forward to Profit
and Loss new Account.

Mr. John Edmund Anderdon has been elected a member
of the Board.

Mr. Hugh C. E. Childers, M.P., who retired from the
direction on assuming the position of Secretary to the
Treasury in the late Government, being now relieved from
the duties of his office, will, at the unanimous request of
the directors, resume his seat at the Board.
The dividend and bonus (together £2 4s. per Share) free
of income tax, will be payable at the Head Office, or at any
of the Branches, on and after Monday, the 13th inst.

BALANCE-SHEET OF THE LONDON AND COUNTY
BANKING COMPANY, JUNE 30 1866
•
Dn.
To Capital paid up £750,000 0 0
To Reserve Fund 250,000 0 0
To amount due by
the Bank for Custo-
mers' balances, &c £10,718,483 16 -1
To liabilities on ac-
ceptances! .............. 2,032,490 10 1

Profit and loss balance
brought from last
account 14,527 18 10
Gross profit for the half
year, after making
provision for bad and
doubtful debts 348,310 10 10

12,750,974 6 2

362,838 9 8

CR.
By cash on hand at
Head Office and
Branches X 2,149,216 5 1
By cash placed at call
and at notice

£14,113,812 lo 10

£3,032,612 10 10

Investments, viz.:—
Government and Gua-
ranteed stocks 194,381 17 8
Other stocks and secu-
rities 99,308 13 11

293,690 11 2

Discounted bills and advances to custo-
mers in town and country 10,410,772 8 0
Freehold premises in Lombard-street
and Nicholas-lane, freehold and lease-
hold property at the Branches, with
fixtures and fittings
Interest paid to customers
Salaries and all other expenses at Head
Office and Branches, including income
tax on profits and salaries

156,078 18 0
126,581 10 5

94,076 17 5

£14,113,812 15 10
PROFIT AND LOSS ACCOUNT.
Du.
To interest paid to customers
To expenses, as above
To rebate on bills not duo, carried to
new account 42,211 5 4
To dividend of 6 per cent. for half-year 45,000 0 0
To bonus of 5 per cent. 37,500 0 0
To balance carried forward

£362,838 9 8

CR.
By balance brought forward from last
account ................ ....................
By gross profit for the.. half-year, after
making provision for bad and doubt-
ful debts
y ........

£14,527 18 10

348,310 10 10

£362,838 9 8
We, the undersigned, have examined the foregoing Ba-
lance Sheet, and have found the same to be correct.
(Signed) WILLIAM NORMAN,}
B. H. SWAINE,
London and County Bank, July 26, 1866. Auditors.

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 use of the Shareholders.
2. That the Capital of this Banking Company be increased
by the creation of 20,000 additional Shares of £5O each.
And that such shares be issued at such times and in such
manner as may be determined at some Annual or Half-
yearly General Meeting, or at an Extraordinary Meeting of
the Shareholders called and held in accordance with the
provisions of the Deed of Settlement.
3. That the thanks of this Meetingbe given to the Board
of Directors, for the able manner in which they have con-
ducted the affairs of the Company.
4. That the thanks of this Meeting
be presented to' Wil-
liam McKewan, and to the principal and other offi-
cers of the Bank, for the zeal and ability with which they
have discharged their respective duties.
(Signed) W. NICOL, Chairman.
The Chairman having quitted the Chair, it was resolved,
and carried unanimously—
b. That the cordial thanks of this Meeting be presented
to William Nicol,
for his able and courteous conduct
in the Chair.
(Sie
W. CHAMPIONgn JONd) ES, Deputy Chairman.
Extracted from the Minutes.
(Signed) F. CLAPPISON, Secretary.

LONDON AND COUNTY BANKING
COMPANY.
NOTICE IS HEREBY GIVEN, That a DIVIDEND
on the CAPITAL STOCK of the COMPANY, at the rate
of Six per Cent. for the Half-year ending 30th June, 1866,
with a Bonus of Five per Cent., will be PAID to the PRO-
PRIETORS, either at the Head Office, 21, Lombard-street,
or at any of the Company's Branch Banks, on and after
MONDAY, the 18th instant.
By Order of the Board.
VT. MCKEWAN, General Manager.
21, Lombard-street, 3d August, 1866.