The Sun.
London, England, 1844-07-11 00:00:00

£2,054,745 2 8

s. d.

2,003,778 18 10

8,531 3 11

1G,862 9 11
15,000 0 0

10,572 10 0

£2,054,745 2 8
APPROPRIATION OF THE SURPLUS.
Dividend Five per Cent. on paid-up Capital, viz : £ s. d.
Half-year, to 31st December, 1843, already paid 10,572 10 0
Half-year, to 29th June, 1844, now declared - 10,572 10 0

21,145 0 0
3,468 16 1

Addition to the reserved fund - - -
Proportion of preliminary expenses - - -
Undivided profit—carried to profit and loss now ac-
count; for bad debts, rebate of interest on bills
not yet due, and income-trot - - - -

500 0 0

7,000 0 11

442,113 17 0

Profit as above, after deducting all expenses, paid
or due, and interest, 18,6441. Os. 2d., allowed to
customers, on their current and deposit accounts 32,113 17 0
The Chairman then declared a dividend at the rate of 5 per Cent.
per annum, payable on and after Saturday, the 20th instant.
It was then unanimously resolved—
That the report now read be received, approved of, and printed for
circulation among the Proprietors.
That Sir Peter Laurie, Andrew Spottiswoode, Esq., and George
Webster, Esq., be re-elected Directors of the Bank.
That the cordial thanks of the meeting be given to the Directors 7a
for the successftil manlier in which they have conducted the business
of the Bank.
The thanks of the meeting were then voted to Mr. W. W. Scrim- 74 :"-
geour, the General Manager; to Mr. Clack, the Manager of the Re- g
gent-street Branch ; to Mr. Wright, the Manager of the Charing-
cross Branch : and to Mr. Walter Laurie, the Secretary, for the great 'g
zeal and ability with which they have discharged the duties of their cr,
respective Offices. (Signed) P. LAURIE, Chairman.
The Governor having left the chair—
The most cordial thanks of the meeting were unanimously voted to
Sir Peter Laurie, the Governor, for the kind and efficient manner in
which he had presided over the business of the meeting Chairman.
.
(Signed) W. P. CRA.UFUDURIE, Secretary.
, Deputy
Extracted from the minutes. W. R
LA
*s* As the Income-tax on the profits of the Bank will be paid by
the Company, individul Shareholders will not be liable for the same.

UNION BANK OF LONDON.
Capital £3,000,000, in Shares of £5O each.

DIRECTORS.
Sir PETER LAURIE, Alderman, Governor.
ANDREW SPOTTISWOODE, Esq., Deputy Governor.
George Webster, Esq. I Major-Gen. Robertson, Peter Laurie, Esq.
I
John Barnes, Esq. lA. Cockburn, Esq. W. P.Crauffird, Esq,
J.W. Sutherland, Esq. James Farquhar, Esq. John Connell, Esq.
I
W. M. Nurse, Esq. I Benjamin Boyd, Esq. W. Morley, l,sq.
Principal Office, 8, Moorgate-street, Lothbury.
William Wilson Scrimgeour, General Manager,
Regent-street Branch Office, Argyll-place,
henry T. Clack, Manager.
Chafing-cross Branch Office, 4, Pall-mall East,
Alexander Wright, Manager.

Secretary—Walter Laurie.
The capital of the Bank is £3,000,000 sterling, in 00,000 Shares of
£5O each; 42,290 of these Shares (on each of which £lO has been
Paid, making the paid-up capital £422,900), are held by upwards of
600 Proprietors, whose names are publlished periodically.
TERMS.
CURRENT ACCOUNTS.—Parties keeping current or drawing ac-
counts will be credited on the first day of every month with a month's
interest, at the rate of two per cent. per annum, on the smallest
balance at the credit of their account at the close of business on any
day during the past month, provided that such balance shall not be
less than £lOO. The total amount of Interest will be passed to ac-
count every six months.
DEPOSIT ACCOUNT9.—The rate of interest at present allowed on
money placed on deposit, at ten day's notice, is 4 per cent. Sums
under £l5O may be withdrawn without notice. Receipts for the sums
so deposited will be granted to the parties, or, for the convenience of
depositors going abroad, Bills or Promissory Notes, at not less than
six months' date, including interest till maturity, will be issued.
Sums of 1,008/. and upwards will be received on such terms as may
be agreed upon.

GENERAL BUSINESS.
The Agency of Country and Foreign Banks, whether Joint-stock or
Private.
Circular Notes and Letters of Credit Issued for all parts of the con-
tinent of Europe and elsewhere.
Purchases and Sales effected in all the British and Foreign Stocks
and Securities, and the Divide ds
n received without charge.
W. W. SCRIMGEOUR General Manager.

RIDING lIABITS.—Ladies are invited to in-
spect those inane by Messrs. NICOLL, habit-makers to the
Queen and most of the Ladies of the Court.
Cards may be had at 114, Regent-street, Londea.
Messrs. Nicoll offer moderate prices, as a further inducement to a
correct fitting habit,