The Sun.
London, England, 1861-09-26 00:00:00

3VIETROPOLITAN and PROVINCIAL BANK
• (Limited.)
jEstablished under the Joint-stock Banking Companies
Amendment Acts, 20th and 21st Vict., cap. 49, and 21st
a.nd 22d Vict., cap. 91, which specially limit the liability
of ch Shareholder to the amount of his Shares.
Capitala One Million, in 10,000 Shares of £lOO each.
Of which it is not intended to call up more, than £25 per
Share.
with power to increase to Two Millions by resolution of
General Meeting of Shareholders.
j)eposit on application £2 per share, and a further deposit
of £3 on allotment, making £5 per share.
if no allotment be made, the deposit will be returned in full.
It is provided by the Articles of Association that no call
sUall exceed £5 per share, and that at least three months
ea all intervene between two successive calls.
DIRECTORS.
fall() Right Hon. the Lord Fermoy, M.P. for Marylebone,
6, Clarendon-place, Hyde-park-gardens (Chairman)•
X. J. Blyth, Esq. (Firm of Charles 813 th and Co.), Crip-
plegate-buildings Wood-street.
Thomas Campbell, Esq., 5, Westbourne-street, Hyde-park-
gardens.
John Geary, Esq., Hyde Side, Edmonton.
John V. Gooch, Esq., C.E., The Firs, Frimley.
Sydney Gurney, Esq, 1, Taper-buildings, Temple.
(George Haines, Esq. (late of the firm of Brown, Eagle, and
Co.), 36, Lombard-street.
'William Hawes, Esq., Skinners'-place, Sise-lane.
V. Goldsmith Kirby, Esq., Director of the Albert Insurance
Company.
Cyrus Legg, Esq., Bermondsey.
Thomas Mien, Esq., Director of the Commercial Gas Com-
pany.
Isaac L. Mocatta, Esq., 2, Upper Montague-street , Russell-
square
IV. F. Drought Stephens, Esq., 12, Cleveland-gardens,
Hyde-p (With power to add to their number.)
INANA.GErt.—The Directors will secure the services of the
most able and experienced Manager that can be obtained,
BROKERS.
Messrs. Crosley Brothers, London.
Messrs. Iloylan 1 and Son, Manchester.
Messrs. Gasquoine and Chamberlain, Liverpool.
Nathaniel Lea, Esq., Birmingham.
M, B. Beverley, Esq., Leeds.
Messrs. F. E. and S. Smith, Sheffield.
Messrs. William Connell and Co., Cork.
pail- }Rs.—Bank of London, 52, Threadneedle-street, and
Charing-cross.
AUDITORS.
jV.lenry Chatteris, Esq., 5, Lothbury, Public Accountant.
Barton Ford, Esq. (Clarke, Ford, and Co.), Nicholas-
lane, Lombard-street.

SOLICITORS.
Messrs. Crosley and Burn, 34, Lombard-street.
Messrs. Wickens and Brutton, 4, Tokenhouse-y ard.
SECRETARY.-3. Pope Cox, Esq.
TEMPORARY OFFICES.-27, Gresham-street, Bank.
Hitherto the entire property of the shareholders in Joint-
•tock Banks has been liable for she debts and engagements
pf the Bank of which they were proprietors, and the siska
and inconveniences which have occasionally occurred
therefrom have necessarily deterred many from investing
;heir capital in shares in such undertakings.
The Joint-stock Banking Companies Amendment Acts,
passed expressly to remove this uncertain risk, and to give
.confidence in Joint-stock Banks, have entirely obvioted
this objection as regards Banks of limited liability, and
the " Metropolitan and Provincial Bank (limited)," has
been established under the express provisions of those Acts,
ao that no shareholder therein can possibly be liable for
Any sum beyond the amount of the shares be holds.
The following tabular statement of the business results of
four of the London Joint-stock Banks to the 30th June last,
clearly indicates their advancing success, and the present
market value of their shares.

1 \ , =(,)
! as g
-.01 '1 ? 1
43
4- 0 0 .0 ;:ri 41 ttr
"§. I ;
Joint-Stock Banks. C., , 44
41 g 0 ,;..3 1, :4
O. i PI 7.14 iz 72 ~., !
~.9, 5.,1
111 j f aE'-'"5,5
4
, Per
London and West- £ , £ Ct. £ £ X
ininster :1 OOO,OOO, 14,821650' 20 20 66 ! 131,592
London ..Toint-Stock..; 600,60{; 11,425,0371 25 10 30 i 84,006
Unionßankof London 600,000, 10,415,0201 10 12 25j 95,616
i
Banks with Provincial - I ' 1 i
Branches. i I
London and County.., 500,000 - 5,973,3481 10 20 136 40,744
National Provincial! Not \
Bank of England ..1 600,000 published) 18 35 lioB I 7o_oon

500,000 - 5,973,348' 10
Not
600,000 published' 18

20 36 40,744
35, 108 70,900

The current accounts and deposits held by the London
Joint-stock Banks on the-30th of June last, amounted to a
total of £17,315,356, being £5,407,772 more than the total
at the corresponding period of last year; there is, therefore,
ample room for others, and especially for one which will
secure all the benefits of the existing Joint-stock Banks, and
at the same time positively lim t the liability of every share-
holder therein. And with regard to the customers, as it is
not intended to call up more than £25 per share of the sub-
scribed capital of the bank, the remaining £75 will form an
ample guarantee to them.

The << Times," in its Money Article of the 2d February,
1860, with reference to the Bank of Manchester, the con-
atitution of which had been recently changed to limited
liability under the new acts, remarked :—" At a meeting of
the Bank of Manchester yesterday a very satisfactory
account was given of the results of registering under limited
liability. That step was adopted in July last, and the
'balance- sheet now presented for the past half-year showed 1
that the deposits have increased, attd that while the general
condition of the bank has improved, th 3 shares have become
more widely diffused, the augmentation in the number of
holders being 40 per cent. It is believed, likewise, that the
proprietary now includes many persons of wealth and pru-
dence, who would have avoided all commitments of an
undefined character. At the same time the marketability
of the shares and also their value have been favourably
influenced."

At the Half-yearly Meeting of the same Bank, held in
January last, it was shown that since the Company had
become limited the shareholders had very nearly doubled
in number, while the current accounts had increased 35 per
cent, and the lodgment accounts 69 per cent., with a cor-
.responding increase in the amount deposited.
The Liverpool Commercial Banking Company, originally
established with unlimited liability, have also taken advan-
tage of the new principle, and the following is an extract
from the Report presented at the General Meeting held on
the 9th of March last :—" It is in a high degree pleasing to
the Directors to be enabled to state, as they confidently do,
that the principle of 'limited liability' adopted by the Bank
has so fully justified their hopes. The general business of the
lank has never been better; no branch of it has suffered ;
,on the contrary, new and valuable accounts are added,
bringing an increase of business, while some substantial and
valuable proprietors, who objected to hold shares under
`unlimited liability,' have joined the Bank as shareholders;
the number of proprietors is increased, and the price of the
Bank's shares shows that they are considerably enhanced
in public estimation."
The Directors, Auditors, and other Officers will be re-
quired to make the usual declaration of secrecy.
Powers are taken in the articles of association to estab
lish branch banks in the metropolis and the provinces, as
soon as the business operations of the hank justify its ex-
tension.

The Metropolitan and Provincial Bank (Limited) will—
Receive Current Accounts, and allow interest on minimum
monthly balances of not less than £2OO.
Discount approved Commercial Bills.
Receive Money on Deposit for periods and at interest to
be agreed upon.
Issue Circular Notes and Letters of Credit for all parts
of Europe and elsewhere.
Effect Purchases and Salesin British and Foreign Stocks,
Funds, Securities, and Shares in Public Companies.
Undertake the Agency of Foreign and Country Banks.
Receive Interest, Dividends, &c., on Government and
Other Stocks, Annuities, Pensions, &e.

And tranact every other description of banking busi-
teas.

A deposit of £2 per share must be paid to the Ccmpany's
bankers previously to the application for shares being sent
in.

Applications for shares in the annexed form, accom-
panied by the receipt for the deposit, to be made through
the Brokers or the Secretary at the Company's Temporary
Offices, 27, Gresham-street, Bank, London.
FORM of APPLICATION FOR SHARES.
To the Directors of the Metropolitan and Provincial Bank
(Limited).
Gantiemen,---liavinc, paid to your Bankers the sum •of
being a deposit of £2 per share on
shares in the above Company, I hereby request that you
will allot me that number, and I accept such shares or any
less number, and I further request that my name may be
placed on the register of shareholders for the shares so
allotsd.

Name in full
Residence
Profession or Business.
Date

RECEIPT FOR DEPOSIT.

Received this day of 1861, the sum of
pounds, being a deposit of L 2 per share
on shares in the Metropolitan and Provincial
Bank (Limited).

ThEATItt&•itoYAL, HAYMARKET.
Lessee, Mr. J. B. Buckstone.
'r
Frig ET "ING, the Dorton-canoes will Commeneo with
THE BALANCE OP COMFORT. After which, a new Comedy, entitled THE SOFT SEX.
Mr. C. Mathews, Mr. Bnckstone. Mr. Compton, Mr. E.Villiers,
Mrs. Charles ]Nlathews, Mrs. Wilkins, &c.
With THE PRACTICAL MAN. Mr. C. Mathews.
To conclude with the Ballet, BACCHUS AND ARIADNE.
Commence a 7.

ROY Al, Pit INCE i;s;-----------
Lessee and Manager, Mr, A .yr ATRE.-
180,, with a new
—u, arm._
This theatre will open on Saturday, Sept,
~51—r. John
and original comedy, in five actq, written by
r, Ryder
entitled PLAYING WITH FIRE • characterayTtugham,
Brougham (his first appearance at 'this theatre),
Mr. ill. Widdicombe, Mr. George Jordan (ot the
theatres of the United States, his first appearance rincipal
is n.
land), Miss C. Lelclenq, and Mrs. Weston. With other 'Fn."
tertainments. In active preparation, Shakespeare's tragedy
of 0 MELLO, with new scenery, dresses, and appointment'.
Mr. Feehter. The box-office will open on Wednel Othello, ..
day, SQL '' .'s'

yAL LYCEUM THEATRE,
Manac,rer—Mr. Edmund Falconer.
THIS EVEN [NO, the new and original farce, entitled
THE FEICIIES; or, The Onconvanience of a Single
Life. Tim O'Reilly', Mr. Edmund Falconer; Mary O'Brady,
Miss Lydia Thompson.
Afte which, at Eight o'clock, the new and success-
ful comedy of WOMAN; or, Love against the World.
Chara,ters by Messrs. Walter Lacy, Ave Herman Vezin,
J. Robins, Mrs. Charles Young, Mrs. Weston, Miss Murray,
and Miss Lydia Thomson.
To conclude ith AN UNPR
iIIOTECTED F EMALE, in
which Miss Lydiaw Thompson w danee a New Volunteer
Qu!elt step.
Prices as usual. Doors open athalf-past 6, to commence at
7 l o c-ollice open daily from 11 till 5.