The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-04-19 00:00:00

UNION BANK OF IRELAND.

A JOINT STOCK BANK of Deposit, Discount, Loan,
/11.. and Azency Office, DUBLIN, C,apital. One Million, in
20,000 Shares of £SU each.

It is proposed to extendto the City of Dublin the samysystern
of banking which has been attended in England witty acknow-
ledged benefit to the productive classes of the com unity, and
to the owne.s of unemployed capital. The distin ye attributes
by which the UNION BANK OF I lIIIL4,ND will characterised
are the following :-Ist. To supply a place for eposits—equal
in point of security to the Ban, of England 2d. To maintain
a liberal system of banking under which in rest wilt beallowed
upon lodgments, and upon the balances current accounts, on
the terms acted upon by the English Joi Stock Bunks. This

is entirely a new feature in the -practice of banking in Dublin.
3d. To attird every practicable facility in the Discounting of
bills upon England. and in the transmission .of money between
both sides of the Channel. 4th. To establish a reciprocity of
banking accommodation, upon improved principles, between
the UNION BANK OF IRELAND and 'the Joint Stock Banking
Companies of England and Scotland. sth. In consequence of
the numerous and respectable constituency already secured to
the UNION BANK OF IRELAND, it will tenu to arrest, or at least
to limit the range of commercial panics, and beCome a valuable
auxiliary to social order in times of political excitement.

CONDITIONS.

I. That a.Joint Stock Bank be established in Dublin, to be
called, "THE UNION BANK OF IRELAND:" and that it be a
Bank of Deposit, Discount, Loan, and Agency.
2. That the Capital Stuck of the Company be One Million
Sterling, to be divided into 20,000 Shares of £5O each; and that
power be vested in the General Board of Directors, with the
consent of two-thirds of the entire Shateholders, specially sum-
moned to a public meeting for such purpose, and at which
voting by proxy will be allowed, to increase the Capital Stock
of the CompatiY to any Sum not to exceed Three Millions
Sterling, and to make a corresponding increase in the number
of Shates at £5O each.

3. That each person, on being enrolled a proprietor, pay
Five Shillings per Share, to be applied to the expenses of in-
stituting the Company; a Sum of £5 per Share within thirty
days after the election of the Board of Directors; a further
Sum of £5 per Share within ninety days after such election;
and that provision be made for any further instalments upon
the Shares, over and above the sum of LIU, to be paid in such
; way and at such times as the Directers may appoint; but that
! no instalment is to exceed £5, and three months' notice of its
payment to be in every case given.
I 4. That the affairs of the Company he superintended by a
General Board of Directors, to consist of no less than twelve
qualified English and Irish proprietors; that this Board ap-
point six of their number, residents in Dublin and its immedi-
ate vicinity, to direct the operations of the Company in Dublin,
(in conjunction with the General Manager to be chosen by the
Board) for a period not to exceed twelve months, such persons
to he designmed " Tbz DUBLIN BOARD OF DIRBCTORS," and
their proceedings to be regulated by the Rules or Bye-Laws
made and approved by the General B.Oatd of Directors.
5. That the Company be considered as constituted when the
Shares taken amount to 8,000.

G. That a meeting of the Proprietors be then held in Dublin,
at which the General Board of Directors be elected, to continue
in office one year; one-third of whom to ieiire annually, two to
be re-eligible.
7. That at the above Meeting of the Proprietors, each Pro-
prietor may vote by himself or by another holding his written
proxy; and that the votes be regulated thus :—five shares, one
vote; ten shares, two votes ; twenty-five shares, three votes;
fifty shares, four votes ; seventy shares and upwards, five votes.
8. That any Proprietor holding fifty Shares be eligible to be
elected a Member of the General Board of Directors; and any
Director becoming insolvent, or ceasing to hold the Shares be-
fore provided, to be disqualified.
9. That the Directors, and all Officers and Clerks of the
Company, sign a pledge of secrecy as to the transactions with
their customers, and the stale of accounts with individuals.
10. That should one-fourth•part of the paid up Capital, and
the whole of the surplus fund be at any time lost, the Company
be thereby dissolved.
11. That a Deed. of *gement be prepared to contain all
necessary and proper provisions for the efficient Manageolent of
the Bank, ithd the security of the-Proprietors,
12. That the above coriditlons, be altered arid modified by the
PrOv,isional Oomniittee or by the General Board of Directors.
o:iiispectuses may be obtained and Shares applied for at the
Offices of Messrs. TANDY and Co. Solicitors, 10, Mountjoy-
square, South, Dublin; and at Colebeck-street, Waterford ;
and from Mr. RICHAHD DAWSON, Share Broker, Exchange
Buildings, Liverpool.