The Sun.
London, England, 1844-10-11 00:00:00

BROUGHT D YWN.

Total assets
Deduct estimated losses

Liabilities

£246,531 17
217,373 14

Showing a surplus of .C28,978 3
Thus it would be seen that during the year ending 30.
of June last, the liabilities had been reduced fro
440,9361. 6s. 10d. to 217,573/. 14s. 2d., and that the est
mated value of the assets, as compared with the liabi',
ties, showed a surplus of 28,978/. 3s. sd. This surph
added to the previous deficiency of 52,3581. 10s. Si.
made a total difference of 81,336/. 13s. 10d. This d
ference was accounted for by the receipts on the first ci
of 2/. per share, 5,896/., and on the further call, due
January last, 88,4971, and the return of Directors' alto.
ances, 1,4521 165., making a total of 95,846/ ss. Fri
this was to be deducted for interest and the expenses
the year, 14,509/. I Is. 2d., leaving the difference, 81,33!
13s. 10d. The Directors had revised their estimat 7t'
with great care, and they hoped they might assure tl?'
Shareholders that the preceding surplus of 28,978/ 3:
sd. was likely to be realised ; at all events, the antic
patcd receipts from calls would assuredly cover any
foreseen difference, and do something towards paying it ;
terest and expenses. The arrears of calls had had tb,
serious attention of the board, and in some instance s
where the parties were thought able to pay, legal pro'
ceedings had been instituted ; and it was the intentiot
of the board to prepare a list of all who had tit r
made arrangements for payment before the Ist of No -
vember, and to submit it to the Shareholders for then'
to decide on the further proceedings to be taken. Olt
the 30th ult. the liabilities were reduced to 204,4401.
Mr. Chappell, Mr. Dyer, and Mr. W. Smith retirel
from the board by rotation, and were proposed for re
election.
On the motion of Mr. S. Walker, seconded by Mr. J,
Jones, the report was unanimously adopted.
r Mr. T. GRE/O, of Spring Bank, said the Shareholder
must all feel gratified at the improved circumstances i;
which the affairs of the Bank had been placed, for at or.
time, so far from anticipating the result now held out,
was not known but that serious and heavy calls woul
have to be made to meet their liabilities. It must be r.
collected, however, that many of the individuals
were debtors to the bank at one time were now in
better position, and it was probable that the Director
had been induced to take much less for the settlement
their accounts then than they would now. What h
wished, therefore, was, that the Shareholders of the band
should be put in possession of a list of such men, in or&
that it might be seen if they could not be induced t,.
make good the whole or a part of the deficiency. Thougl
many in this meeting might feel satisfied that a further
call had not been made, it must be recollected that ther •
were others in a different position—there were the widow 4
and orphans, whose all had been sacrificed, and to there
the money recovered in this way would be of great irn
portance, and for their sake it ought to be attempted,
lle therefore moved " That the Proprietors of this bank
be furnished, on or before the Ist of October next, with
a list of all debtors to the bank, whose accounts may hi
considered closed, and the real amount of loss occasioneff
thereby ; to commence from 1836, when the Directorr
showed a balance of 741,0404 capital paid up, and a ref
served fund of 150,348/., making a total of 891,3781."
Mr. JOIIN POTTER, one of the Directors, wished tt
know if Mr. Greig meant to say that any of the Direct
tors sitting at that board had been parties to an unfail
settlement of any accounts referred to ?
Mr. GREW was sorry anything he had said could lead
to such a supposition. He believed the present Director.
had done their best in every case for the interest of tbk
bank ; but he would ask boldly, if many settlement.(
time back, had not been made by Directors, of whit
the rest of the board were ignorant ? liis motion dii
not refer alone to what had been done lately, but sine.
1836.

Mr. MILLINGTON seconded the motion of Mr. Greif.
He, at the same time, thought that a wide line ought t'.
be drawn between the present Directors and those wh
had drawn them into difficulties.—(Hear, hear.) B
approved of the motion for this reason, that, though
such men as Mr. Chappell, who had lost 30,000 L, might
do much by the improvement of trade to mend their
broken fortunes, the widow and orphan had not such au
opportunity before them, and therefore everything the
Proprietors could do for them ought to be done.
Mr. SMITH, Manager of the Bank, suggested that the
list, which the Directors could have no objection to fur=
fishing, should be delayed till a few months later that
the Ist of October next year, in order that the banli
might pay off ios debts, otherwise he thought it might
induce parties, tinder the plea of poverty, to postponi
their settlements ; they might say that if they settlef
before that time their names would get in the list, but )4
not, they should escape.—(Hear.)
Mr. WILSON, of Northern Cheshire, asked what were
the amounts upon the two calls made since the bank ha 4
stopped that remained unpaid ?
Mr. SMITH said the total number of shares was 74,101
upon which two calls of 21. each share had been mad,
and upon these shares each call would amount t,
. _

148,2067. There was a deficiency, however, in Of
amount realised of 34,9641. on the first call, and q.
54,068/. upon the other.
Mr. WALKER thought that was not all loss ; the bao4
had bought shares, and upon them, of course, the ca i
amounted to nothing. The question was, how much lei
had the Directors realised than they calculated upo
from the calls ?

Mr. SMITH said only 15,0001. upon the first, whicl
they expected to recover, and the second call had realise4
more than was calculated upon.
The resolution was carried almost unanimously.
The retiring Directors were then re-elected, and
meeting separated.

DEATH OF THE DEAN OF CARLISLE.—We have b#
announce the demise of the Rev. Dr. Hodgson, Dean
Carlisle, at his mansion in Lower Grosvenor-street, yes
terday morning, after a protracted illness. Tho lat,
Dean was also rector of the; wealthy parish of St. Georg
Hanover-square, which living he had held forforty year:
and the net revenue of which benefice, as returned to
Commissioners for Inquiry into Ecclesiastical Revenue
is of the annual value of 1,5501. The deanery is wor
about 1,6001. a year.
Red Lion-court, Fleet-street, has just published, lith.
ortrait of Dr. Forb '
graphed from life upon stone, p
who hasa devoted his talents i
PORTRAIT Or D. F. WINSLOW.—Mr. Mitchell,
many years so successfully. tothecure of alienation
known to the pubi-
. Winslow,and
min ' by his numerous, able, practical, a)
and the profession
' " Dissertation on Suicide " (the first attern
whosea gentlemann ame s o yell
Ipvhiinlossioopwhsical writings on the subject of insanity. 1'
made in this country by a medical man to consider ti
form of mania physiologically and practically), his treat)
on the "Plea of Insanity in Criminal Cases," and his na(
recent series of valuable essays on the "Preservation
the Health of Body and Mind," deserNp'eodrltytroapilttahcoeef
s
ro f
his
country. among the
correct
literature t highe a tu
position
medillizirnch
man must be invaluable to his friends and admirers. Ti • portrait is executed with great skill, is beautiful
finished, and looks like an engraving upon steel. It .
an admirable likeness. The artist, Mr. Macguire,
Great Queen-street, Lincoln's-Inn, is a gentleman
considerable talent.
PAIR, HAMPSHIRE.—This fair, .whi
is the most important in the south of England, was h.
on Wednesday in an extensive range of fields three mil
from Andover. The fair continues for six success)
days, for the sale of sheep, horned cattle, and hors,.
the supply of which this year was very large, and e
ceeding that of the preceding years. The sheep-pe '
covered many acres, and the trade was rather bris
the best ewes making from 28s. to 335., and good Sou'
down wethers obtained good prices. The supply.
horned cattle was large, and the trade dull, the prii
being 12 per cent. lower than the average of last
The horse field was large, and prime cart colts ,
high prices. Most of the influential agriculturists