The Sun.
London, England, 1857-02-07 00:00:00

WEST HAM DISTILLERY COMPANY.
Limited )
-NOTICE IS HEREBY GI(VEN, That the works of the above
Distillery being near completion, the Directory will be open to re-
WY* orders for PLAIN SPIRIT to be supilied in February. Due
Notice will be sent round to the trade.

Distille THOMAS WEBB, Manager.
ry, West Ham, 3lst January, 1847.

GENERAL ANNUITY ENDOWMENT
ASSOCIATION. Established 1829.
ACCUMULATED FUNDED CAPITAL, 284,0361. ss. 3d.
In this Office an Annuity of 191. (with almost certainty of increase)
via be secured—
. At the age of 30, by as annual payment of .. £2 14 0
At the Age of 40, do. do. • • 3 17 0
N.R.—Twelve Annuities can be secured.
93, Cheapside. PHILIP CURTIS, Secretary.

PROVIDENT CLERKS' MUTUAL LIFE
ASSURANCE ASSOCIATION.
Established 1840.
• TEIIIITZEd.
TIMM Baring, Esq., M.P. I Wm. Geo. Prescott, Esq.
H • Thomas ankey, Esq., M.P. Baron L. de Rothschild, M.P.
Mutual Life Assurance for all classes of society.
Existing Policies.
Accumulated' Fund........ 83,000
Annual Income .. 26,000
A THIRD BONUS will be declared during the ensuing year.
The Report and Balance-sheet for 1856 may be obtained at the
Ofilce, lb, Moorgate-street, London.
WM. THOMAS LINFORD, Secretary. ,

January 310, 1857.

ESTABLISHED 1841.
MEDICAL, INVALID, AND GENERAL
LIFE OFFICE, 25, Pall-mall, London.

Empowered by special Act of Parliament.
At the Fifteenth Annual Meeting, held on 27th November,
11156, it was shown that on the 30th Juno last—
The number of Policies in force was .• ...... ••• • •• 5,738 '
The amount insured was. ... • • 2,752,1971. 75. 2d.
The annual Income was.. 118,5571. 16s. 2d.
Two Bonuses have been declared (in 1848 and 1853), adding nearly
per cent. per annum on the average to sums assured, and by which
et Policy of 1,0001. lamed in 1842 on a healthyilfe Is now increased to
1,2601.

Since the last Division of Profits in 18.53 the accumulated finds
have increased by more than 105,0001, offering considerable advan-
tages t• present assurers.
Profits divided every five years—next division in 1555.
The Seciety, since its establishment, has paid claims on 651 Policies,
Sewing '254,0081.
Assurances are effected at home or abroad on healthy lives, at as
Moderate rates as the meat recent data will allow.
Indian Assurances at very moderate rates, and great facilities
liven to assurers.
Invalid lives assured on scientifically constructed table..
Policies issued free of Stamp duty, and every other charge but the
Premiums.
Agents wanted for vacant places.
Prospectuses, Forms of Proposals, and every other information,
*ay be obtained of the Secretary, at the Chief Office, or on applica-
tion to any of the Society's Agents in the country.
C. DOUGLAS SINGER, Secretary.

FIRST REPORT of the NATIONAL DIS-
COUI'IT COMPANY (Limited.)
(Meg —25, Birchin-lane, Lombard-street.
At a GENERAL MEETING off the Shareholders, held on
FRIDAY, 6th February instant, at the London Tavern,
Bits'innate-street—

CHAIRMAN.
FRANCIS WILLIAM RUSSELL, Esq., M.P., in the Chair.
DEPUTY-CHAIRMAN.
MATTHEW HUTTON CHAYTOR, Esq.
William DIRECTORS.
Patrick Andrew, Esq., Chairman of the Scinde Rail-
way Company, 26, Montagu-square.
Archibald Boyd, Esq. , Director of the Union Bank of London,
115, Westbourne-terrace.
George Burnand, Esq., 69, Lombard-street.
John Utlay Ellis, Esq., 13, Craven-hill-gardens, Hyde Park;
Edward Hales, Esq., North Frith, Hadlow, Keit.
Alexander Mackenzie, Esq., Director of the Oriental Bank
Corporation, 43, Sussex-square, Brighton.
John Robert Thomson, Esq. (J. R. Thomson and Co.), St.
Peter's-chambers, Cornhill.
Henry Heyman Toulmin, Esq., Great St. Helen's.
Edward. Warner, Esq., M.P., 49, Gresveuor-place.
Frederick Charles Wilkins, Esq., 31, Great Winekester-street.

AUDITORS.
J. M. Bell, Esq., 3, Copthall-court.
C. R. Fenwiek, Esq., 36, St. Mary-at-Hill.
MANAGERS.
R. P. Webber, Esq. I W. Shipman; Esq.
RANKERS.
Bank of England. The Union Bank of London.
Sowerroas—Messrs. Marten, Thomas, and Hollanto.
The Mowing report was presented :
Ilie Directors have the pleasure of submitting to the Share-
holders a statement of the affairs of the Company, on 31st
December last, together with an abstract of the profit and
lose account, which shows a net profit of 7,7661. 145. 10d.
after the payment of current expenses, and providing for bad
end doubtful debts.
c, The Directors recommend that a dividend of three shillings
per share on the original shares, with a proportionate divi•
dend of threepence per share on the deposit upon the new
shares, together amounting to 6,3761. 55. 3d., be declared,
and the balance, 1,390/. 9s. 7d., be carried forward to next
account. It is suggested that the liquidation of the preli-
minary expenses shall be spread over a series of years ; no
appropriation towards them is proposed at this early period,
but they have been held in view in the amount of the balance
to be carried over.
The Directors have to express to the Shareholders their
satisfaction with the progress of the business, the bills die.
counted to 31st December having amounted to 5,926,4131.
16s. 16., and the number of accounts opened being 845. The
results would have been still more favourable but for the sud-
den advance in the rate of interest in October and the great
seareity of money which has since prevailed. It must also
be kept in mind that the growth of every business is gradual,
and the forming a connexion a work of time, while the ex.
penises of an efficient establishment are immediate, yet indis-
pensable. The capabilities of the office have been necessarily
adapted to transactions of a much greater extent, but as the
business increases the expenses will each year become a corn-
Iteratively lighter burden an the profits.
Besides the difficulties incident to every new undertaking,
the Directors have had to encounter those peculiar to, and
consequent upon, this Company being the first formed for
Curling on large monetary operations under the Limited Lia-
bility Act; but they believe an opinion is gaining ground—
urhich an examination of the List of Shareholders is well cal-
Culated to strengthen—that the new law of Limited Liability,
by attracting a superior class of Proprietors, and through the
Medium of a large subscribed capital, will afford to the public
a degree of security which recent events have shown not to
have been always insured by the old law.
The Directors are glad to have the opportunity of confirm.
lag the high opinion they have already expressed of the ability
end knowledge of the managers, and of bearing testimony to
the efficiency of the secretary and the other officers.
The Offices at present occupied by the Company, though
sufficiently central, are most inconvenient, and the access to
them has been much complained of ; but the Directors are
happy in being able to announce that, after several protracted
and ineffectual negotiations, they have at length secured a
Most eligible site in Cornhill, on which they propose to erect
I binding which will afford suitable accommodation for the
'business of the Company.
The Directors who retire on this occasion, in conformity
with the terms of the Deed of Settlement, are W. P. Andrew,
• 44., Ellis, Esq., F. W. Russell, Esq., M.P., and J. R.
el Thomson, Esq., re who being eligible offer themselves for -
ection.
The Directors, in conclusion, trusi, they may be permitted
Company remind the shareholders that the further success of the
"uPany may be very much promoted by their individual
exertions.

BALANCE SHEET, WEDNESDAY, 31ST DEC., 1856.
DR.

To capital paid up, viz. :
45 per Share on 39,252 Shares £196,260
£1 per Share on 39,077 Shares 39,077

To Call of 4i„ per Share £235,337
at
l
Jan., 1857, prepared onus
new Shares ....................... 22,540

,
To Amount due by the Company on Loans,
Deposits, dic ..............................oss...
To Amount carried to Profit and L Ac. 2,140,681 14 10
c0unt....................................

£257,877 0 0

28,545 2 10

£2,427,103 17 S
_

CR.
By Cash at Bankers .... ....................... £39,876 10 10
By Bills discounted, &c ....................... 2,381,431 9 2
Byßy Preliminary Expegases ....................... 5,614 10 2
Furniture &c ..... . .......................... 181 7 6

£2,427,10317 8
PROFIT AND LOSS, DECEMBER 31, 1866,
DR.
To Current Expenses, Directors' Remunera-
tion, and Reserve to meet Losses on
Unpaid Bi
To lls.. .. . £ Rebate of Interest On.iilledi;counted not 8,032 15 9
yet due, carried to New Account
To Net Balance, applicable for Dividend 12,745 13 0
14 10

£28,545 2 10

CR.
T3Y Balance brought down
We, the nndersi ned, having examined the
and "EsPared them with the Books and Vouchers
in au retspecto correct and satisfactorily kept,
wit 2hB i : nsafi4Anvsi ex
nedcd.oot2uuh.ansenllay
etdyosl
(Sigued) J. MORTON BELL, }Auditors.
14nden, Jannary°2l-12,A1R85147E.S R. FENWICK,
The foregoing Report having been read by the
the following Resolations were, proposed and
adePted :
1. That the P Secretary,
adopted Report and accounts now read be ruencein.
2.e That a ilivideud of three shillings per share on origin.
char s, with a proportionate dividend of threepence per sharoe.
ont the deposit upon the new shares, be now declared out
be,
mheedrlo,afiytasbtecernued to 31st December, and that the same
and atte).r the 20thm February.b
3. That the followi
elected Directors of the (-7empany—viz. :
_ 'rectors retiring by rotation be re-
William Paterick Andrew, Esq ,
John Utlay Ellis, Esq , •
Francis William Russell, Esq., M.P,, and
John Robert Thomson, Esq.
4. That James Morton Bell, Esq , and Charles Richard
Fenwick, Esq., be re-elected Audit.; rs for the ensuing year,
and that the suna of 501. be presented to each of them for
their services.
(Signed) F. W. RUSSELL, Chairman.
That the best thanks of the Meeting be given to the
Chairman and Directors for their able management and zea-
lous attention to the business of the Company.
(Extracted from the Minutes.)
(Signed) RICHARD PRICE, Secretary.
Approvd. 'Mercantile bills discounted fer parties properly
introduced.
My received periods, at interest on deposit, repayable at call or
ifted