The Sun.
London, England, 1844-02-05 00:00:00

EAST INDIA HOUSE, FEBRUARY 2, )844.
rr;tHE COURT of DIRECTORS of the EAST
INDIA COMPANY, with reference to the RESOLUTION• of
the GENERAL COURT of the 17th November last, do hereby give
otice, that Printed COPIES of the FURTHER PAPERS which have
been communicated to the said Court of Directors by the Secret Com-
!Mace, regarding the proceedings in Sinde, are now ready for delivery
to the Proprietors at this House
•

JAMES C. 3IELVILL, Secretary,

LONDON AND COUNTY JOINT STOCK
BANKING COMPANY.
PARENT ESTABLISHMENT, 71, LOMBARD-STREET.
DIRECTORS.
WM. HAWES, Esq., Chairman.
EMANUEL COOPER, Esq., Deputy Chairman.
William Cory, Esq. Alexander Rogers, Esq.
William Evans, Esq. Richard Springett, Esq.
„1111111) Frith, Esq. Clement Tabor, Esq.
owynfen Jervis, Esq. John Wheelton, Esq.
Jelin Cuthbert Joyner, Esq.
GENERAL MANAGER—Henry Luard; ESQ.
,elf,d the Annual Meeting of Proprietors held on Thursday, the Ist of
IlarY 1844 at the Company's premises, No. 71, Lombard-street,
the lan '
owing Report for the year ending the 30th of December, 1843,
"44 read by the Secretary :
W. HAWES, Esq., in the Chair.
REPORT.
4,Yellr Directors have much satisfaction in calling the attention of
.e Proprietors to the half-yearly balance sheet of the Company, by
which it will be seen its business is steadily improving, and that,
r deducting all the current exe of the head office and
'rttueltes and interest on current anpd dnsees posit accounts, rebate on
'llls not due, allowance for bad and doubtful debts, &c., there re-
InalllB a balance of 3,8471. 14s. at the disposal of the Shareholders.
Your
—.. Directors recommend a dividend at the rate e 5 per cent. per
I..'wtun for the half-year, which, if approved by the Proprietors,
leaves 805'. I Is. 6d. for the Guarantee Fund.
vr Your Directors can continue to report most favourably of the
°Tkillf the branches. They believe the monetary wants of the
ovaliticg so in which they are situated are fully provided for, without
anY stimulus being given by the issue of local notes.
Your Directors cannot make any definite report at present on the
Demi
law proceedings, arising out of the affairs of Messrs. Cells
but, acting under the best legal advice, and devoting to
them their best attention, they believe the statements made to the
"",t meeting will be supported by the result.
tr;ka seen as it is in their power to afford an exact acceunt of these
"21Bactions, a detailed statement will be submitted to the Proprietors.
hat'vh
...oprieterill not fail oserve that, althugh the times
ee been mosts u wnfavourable to
forb banking profits,o the Guarantee
Fund is increasing.
iue three members of the Board who retire from the Direction on
th present occasion are—John Cuthbert Joyner, Esq., Swynfen
Jervis,, Esq., and Wm. Cory, Esq., all of whomare eligible for re-
: A„„ .ell. and offer themselves accordingly.
-4ANCE SHEET OF THE LONDON AND COUNTY BANKING COMPANY,
30TH DEC., 1843.
Paid LIABILITIES.
Capital ...
served Fund •••••••• • • • • • • • • 8,245 0 4
£129,930 0 4
Due to Customers on Current and Deposit Ac-
counts and other Liabilities.. • • • • • • • • ••• • • • • • 996,082 17. 8
Troth and Loss ..

21,155,164 18 8

ASSETS.
Cash on hand ..... .. . .
. ... ,
912,869 0 10
geUrities, Discounted Bills, &c • • • • • • • • • • • • • • • '
Branches
Expenses, Expenses of establishing
uranches, Bank Premises and Leases, &c., Cur-
rent Expenses, and Interest on Current and
Deposit Accounts, &c.. ——••—• • • • ' ..... 53,344 7 5

£1,155,164 18 8

We, the undersigned, have examined the foregoing balince
end compared the items it comprises with the several books and
'llehars relating thereto, and have found the same to be correct.
(Signed) THOMAS JAMES.
JONATHAN BARRETT.
London and Country Bank, Jan. 25, 1844.
PROFIT AND LOSS ACCOUNT.
Cur, DEBTOR.
m,11,t• expenseS, salaries, rent, &c., of Head Office
Z.e.,,ol'rauclies, interest allowed on current and deposit
bad „",,_,tB, rebate on bills not due, and allowance for
Bair ,-"u doubtful debts, &c. £25,304 6 8
Lgal'f,,,'"r's dividend at 5 per cent.
cried to Guarantee Fund.

£29,152 0 6