The Sun.
London, England, 1850-07-24 00:00:00

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BALANCE-SHEET TO JUNE 30.

Capital subscribed ... £673,900 0 0
Capital paid up ... 0 0
Guarantee Fund invested in Govern- .

went securities .. ...
Balances due to the customers of the

20,646 4 1

Balance carried down after deducting
bad and doubtful debts, and paying all
charges and current expenses

612,596 19 6

... 14,982 3 8

£783,005 7 3

Cash in hand, Government securities,
India bonds, bills discounted, &c. 779,005 7 3
Value of banking premises, fittings, and
furniture, at Lothbury and Henrietta-
street ...

4,000 0 0

£733,005 7 3

Dr.
Dividend at the rate of 6 per cent. per
annum, f)r the half-year ending 31st
December ,1849, aiready!paid... .£3,879 0 10
Dividend at do. for the half-year ending
30th June, 1850 ... ... 4,043 8 0
Bonus of 7s. 6d. per share on 6,739

2,527 2 6

shares
Rebate of interest on current bills car-
ried to profit and loss new account ...
Balance carried to the guarantee fund,
making that fund... £23,114 12 8 2,468 8 7

2,064 3 9

£14,982 3 8

Cr.
Balance brought down ...

... £14,982 3 8

Mr. D. M:itetE moved, and Mr. CHARLES BLEADEN
seconded the adoption of the report, which was carried
uninanimously.
The CHAIRMAN then said—After the very kind man-
ner in which the meeting had confirmed and adopted
the report, any comment which he might have otherwise
thought it necessary to make on that report was en-
tirely unnecessary. He would only say that that report
was a just, straightforward, and unvarnished history of
the progress and transactions of this bank, and he
thought it presented to the meeting an indication of in-
creased and increasing prosperity, to which he was sure
they would be always ready to render their assistance
and support. It only remained for him to declare, out
of the profits, is dividend for the half-year ending June
30, at the rate of 61. per cent. per annum, and a bonus
of 7s. 6i. per share to each shareholder.
Mr. J. SHOWELL then proposed the re-election of
Messrs. William Cooper, Mark Hunter, and Joseph Un-
derwood. three of the retiring directors.
Mr. HENNETT seconded the motion, which was car-
ried nem. con.

Mr. HENRY BARNEWALL proposed Mr. Charles
Butler, a duly qualified proprietor, as a gentleman fit
and proper to be elected to the vacant seat in the di-
rectory, occasioned by the retirement of Mr. W. S.
Boyd.
Mr. OxExFonr, seconded the resolution, which was
also carried without a dissentient. _ _

Mr. COOPER returned thanks on behalf of himself
and his brother directors who had been re-elected.
Mr. DAVID TAYLOR moved a vote of thanks to the
directors for the praiseworthy manner in which they
conducted the affairs of the bank.

Several Shareholders rose simultaneously to second
this motion, which was carried unanimously.
The CHAIRMAN said the vote of confidence which the
meeting had just passed with such unanimity would be a
reward to the directors for the past, and an encourage.-
gent to them for the future, and he could truly assure
the meeting that the directors would continue to watch
with anxious solicitude over the trust which had been
confided to their care, and embarked as directors and
shareholders were in the same cause, and linked together
by the same interest, he was sure the kind exertions and
the active influence of the shareholders would be ever
ready to assist the directors in the attainment of their
common object. In that conviction the directors felt as-
sured that in each successive year they would be enabled
to open to the shareholders an additional page of in-
creased and increasing prosperity in the history of this
bank, and that all their meetings, like the prearnt, would
boar testimony to the existence of that cordial co-opera-
tion and that mutual good understanding, which, sealing
as it were the bond of their connexion, would always be
the best augury of their success.—(Applause.)
Mr. TAYLOR, jun., moved a vote of thanks to the
secretary, Mr. Cutbill, to which that gentleman re-
sponded.
A vote of thanks having also passed to the Chairman,
the meeting separated.