The Sun.
London, England, 1859-08-08 00:00:00

GUARDIAN FIRE AND LIFE ASSURANCE
COMPANY,
No. 11, Lombard-street, London, E.C.
DIRECTORS.
HENRY HULSE BERENS, Esq., Chairman.
HENRY VIGNE, Esq., Deputy Chairman.
John Dixon, Esq. Stewart Marjoribanks, Esq.
Francis Hart Dyke, Esq. John Martin, Esq.
Sir W. M. T. Farquhar, Bart, Rowland Mitchell, Esq.
M.P. James Morris, Esq.
Sir Walter R. Farquhar, Bart. Henry Norman, Esq.
Thomson Hankey, Esq., M.P. Henry R. Reynolds, Esq.
John Harvey, Esq. Sir Godfrey J. Thomas, Bart.
John G. Hubbard, Esq., M.P. John Thornton, Esq.
John Labouchere, Esq. James Tulloch, Esq.
John Loch, Esq.

'ons.
Lewis Loyd, Esq. Henry Sykes Thornton, Esq.
John Henry Smith, Esq. I Cornelius Payne, jun., Esq.
Thomas Tallemach, Esq., Secretary.—Samuel Brown, Esq.,
Actuary.

AMY

LIFE DEPARTMENT.—UNDER THE PROVISIONS OF AN
ACT OF PARLIAMENT, this Company now offers to future In-
surers EIGHTy PER CENT. Of the Profits, with Quinquennial
Division, or a Low Rate of Premium without participation of
Profits.

The next division of Profits will be declared in June, 1860
when all Participating Policies which shall have subsisted at
least one year at Christmas, 1859, will be allowed to share in
the Profits.
At the Five Divisions of Profits made by this Company, the
total Reversionary Bonuses added to the Policies have
exceeded £913,000.
. . _

At the last Valuation, at Christmas, 1854, the Assurances in
force amounted to upwards of £4,240,000, the Income from the
Life Branch in 1854 was more than £200,000, and the Life As-
surance Fund (independent of the Guarantee Capital) exceeded
£1,700,000.
FOREIGN RISKS.—The Extra Premiums required for the
East and West Indies, the British Colonies, and the northern
parts of the United States of America, have been materially
reduced.
INVALID LlVES.—Persons who are not in such sound
health as would enable them to insure their Lives at the Tabular
Premiums, may have their Lives insured at Extra Premiums.
LOANS granted on Life Policies to the extent of their
values, provided such Policies shall have been effected a suffi-
dent time to have attained in each case a. value not under £5O.
ASSIGNMENTS OF POLICIES.—Written Notices of re-
ceived and registered.
MEDICAL FEES paid by the Company, and no charge
will be made for Polio Stamps.
FIRE DEPARTMENT —lnsurances are effected upon
every description of property at moderate rates.
Losses caused by Explosion of Gas are admitted by thiv
Company.
LONDON AND C
COMP

Head Office, 21,
DIRE(
Philip Patton Blyth, Esq.
Thomas Tyringham Bernard,
Esq., M.P.
John Wm. Burmester, Esq.
William Corry, Esq.
James Andrew Durham, Esq.
Jos. Chris. Ewart, Esq., M.P.

BOUNTY BANKING
'ANY.

.ombard-street.
?ORS.
John Fleming, Esq.
Edward Huggins, Esq.
Wm. Champion Jones, Esq.
James Laming, Esq.
John Henry Lance, Esq.
William Lee, Esq., M.P.
William Nicol, Esq., M.P.

GENERAL MANAGER—WiIIiam 31‘Kewan, Esq.

At the Half-yearly Meeting of• Proprietors, held onThurs-
day, the 4th August, 1859, at the London Tavern, Bishops-
gate-street, the following Report for the year ending the 30th
June, 1859, was read by the Secretary—WlLLlAM NICOL,
Esq„ M.P., in the Chair.

REPORT.
The Directors have the pleasure to lay before the Proprietors
the annexed statement of the affairs of the Bank on the 30th
June last, showing that, after making provision for bad and
doubtful debts, interest to customers, and current expenses,
as well as for the half-yearly dividend. there will remain a
surplus of £6,291 14s. 10d. to be carried forward to Profit and
Loss New Account.
Your Directors have accordingly declared the Dividend,
usual at this period of the 'year, of 5 per cent. for the six
months ending the 30th June last.
Since the Annual Meeting in February last your Directors
have taken over the business and premises of the Western
Bank of London, inl Hanover-square ; the transfer thereof
having been effected on the 2d May last. Every confidence is
entertained that this will prove to be a satisfactory and ad-
vantageous arrangement.
The Dividend will be payable on and after Monday, the 16th
inst.

BALANCE SHEET OF THE LONDON AND COUNTY BANKING
Dr. COMPANY, JUNE 30, 1859.
To Capital paid up
105.000 0 0
Reserved Fund
Amount due by the Bank for Customers'
Balances, &c.
Profit and Loss Balance brought from last
Account
Gross Profit for the Half-year
after making provision for
Bad and Doubtful Debts
101,321 4 7

Cr. £5,325,513 6 0
By Cash on hand at Head Office
and Branches £550,926 8 10
Cash placed at call and at
notice 829,837 12 10
£1,380,764 1 8
Investments, viz. :
Government and Guaranteed
Stocks
Other Stocks and Securities 118,036 11 2
580,981 13 6
Discounted Bills, Notes, and
temporary advances to Cus
tomers in town and c0untry2,859,735 6 7
Advances to customers on
special securities 381,068 9 9

3,240,803 16 4
Freehold Premises in Lombard-street and
Nicholas-lane, Freehold and Leasehold
Property at the Branches, with Fixtures
and Fittings 59,394 1 3
Interest paid to Customers 19,155 3 2
Salaries and all other Expenses at Head-
Office and Branches, including Income
Tax 44,414 10 1

£.5,325,513 0 0
PROFIT AND Loss ACCOUNT.
Dr.
To Interest paid to Customers
Expenses, as above 44,414 10 1
Rebate on Bills not due, carried to Profit
and Loss New Account 6,459 16 6
Dividend of 5 per Cent. for the Half-year
Balance carried forward to Profit and Loss
New Account 6,291 14 10

£101,321 4 7
r.
By Bal ce an brought forward from. lade Ae-
-1,185 17 11
count•
. . .... . ....... .... .. ..
Gross Profit for ... Half- year, after making
provision forbad and doubtful debts • • 100465 6 8

£101,321 4 7
We, the undersigned, have examined the foregoing Balance-
sheet, and have found the same to be correst.
(Signed) FRED. HARRISON,
JOHN WRIGHT,
London and County Bank, July 30, 1859.
HENRY OVERTON, Auditors.
The foregoing Report having been read by the Secretary,
the following Resolutions were proposed, and unanimously
adopted :-
1. That the Report be received and adopted, and printed
for the use of the Shareholders.
2. That the thanks of this Meeting be given to the Board of
Directors for the able manner in which they have conducted
the affairs of the Company.
The business of the Half-yearly General Meeting having
been disposed of, the Meeting resolved itself into an Extra-
ordinary General Meeting, when the following Resolution
was proposed and unanimously adopted :
Resolved—That the Resolution passed at the Extraordinary
General Meeting of the Shareholders, held on the 23d June,
1859, authorising certain alterations in the Deed of Settle-
ment, be, and the same is hereby confirmed.
(Signed) WILLIAM NICOL, Chairman.
The Chairman, having quitted the chair, it was resolved,
and carried unanimously —That the cordial thanks of this
Meeting be presented to William Nicol, Esq., M.P., for his
able and courteous conduct in the chair.
(Signed) WILLIAM CHAMPION JONES,

Deputy-ChairMan.
Extracted from the Minutes.