Runcorn and Widnes Examiner. — 1871-02-04 (Runcorn, Cheshire, England)

PARRS BANKING COMPANY (LIMITED.)  The annual ordinary general meeting of this company was held at the office of Messrs. Marsh, Buckton, and Jeans, solicitors, Winwick-etreet, Warrington, on Friday, for the purpole of declaring a dividend. electing ditectors and auditors, and conducting the ordinary business of the conipany. There were present, Messrs. Richard Asslieton Cross, M.P., Eccle Riggs, Broughton-in-Furness (in the chair), 8 Stock, Thomas P. Parr, C. Reynolds, J. Manson, S. F. Widdrington, Ilepherd, P. Stubs, J. F. Marsh, Lieut.Col. Uremia!!, J. White, D. Gamble, kc.  The Chainnan called upon Mr. Dun, the purral manager, to read the notice convening tliti meeting, which he did.  The CHAIRMAN said the next busincos was to read the report of the directors, which having Weil printed, published, and circulated amongst the members, he supposed it might be taken as road.—This course was unauimously adopted. The Cualititax announced that he had received a letter from Lord Delaware, apologising for his absence sit consequence of unavoidable circuinistanees. The way in which his colleagues (directors) had worked during the past half year made his work very easy. Referring to the report he said that the balance sheet, as certified by the auditor, showed that the position and prove/eta of the business continued to be in every way satisfactory. Including £8,978 10s. 7d. brought from the previous account, the net profits, after payment of all charges, providing amply for bail and doubtful debts, and rebating the current bills at five per cent., were f...29,6.-i0 its. (id., from which had been paid during the year the fifth annual instalment of purchase price to Messrs. Parr and Co„ £l2,thio iss. 2d., &mei the interim half-yearly dividend at 8 per cent, per annum, £4.000, left to be now dealt with a net balance of £22,700 2s. 4d. This the directors proposed to dispose of as follows :—To pay a dividend for the lad half year at the rate of 8 per cent., free of income tax. £4,000; to increase the reserve fund tu Liri,ooo— to carry forward to next year, including provision for one-haif of the next instalment due to Messrs. Parr and Co., £6,700 Is. 41. If the shareholders would consent to the £12,000 being adel to the reserve fund in order to lessen the mortgage debt, they would have a larger dividend by and by. He sincerely hoped that that course would be adopted, because instead of receiving 8 per cent. they would, when the debt wise discharged, be in reesel,i Of Id per cent. This policy wait that of the directors, and he perfectly coincided with it, and he hoped it would receive the sanction of the meeting. (Hear. hear.) Mr. J. C. PALA supported the chairman'. remarks. The CHAIRMAN said he ought to have observed that the business of the bank had beeu conducted most satisfactorily in every possible way. (Hoar, hear.) In answer to Mr. Reynolds, The Cnanufax suet that he thought he hail 'nails it perfectly clear that all banks must have a reserve fund to pay off their debts, according to their articles of Mtgr f.' WeIeiIIINGTOS then moved "That it is recommended by the directors that a dividend ending the half year, 31st December, 1870, at the rate of isper cielt, per annum, be declared ; and that the same he made payable at Wei ringt,in or any other branches of the bank, or at the house of Messrs. Glyn, Mak Curry, awl Co., bankers, Loudon, on and after the ;fril February next." M:. BRAMONT seconded it.—Carried. Mr. &roof, in propesing a vote of thanks to the directors, said there was nothing left for hint to ,say. The statement that lied been placed before them warn of such an excellent character that he 1101.1 the suggestion of the chairman and directors would be carried out. (Hear, hear.) Mr. 13. Pizaroarr moved that the retiring directors, Messrs. Gamble, Stubs, and Crime, be re-electeil. Hu thought that the business of the bank would be increased if the shareholders would persuade thi ir friends to do business with Parr's Bank. (Hear, hear.) Mr. RitYleouss seconded the motion, and spoke of the onerous duties the directors had to perform. The motion was carried wis. con. On the motion of Mr. UAMBLII, seconded by Mr. lIMPIIRRD, Mr. J. C. Steal, Liverpool, was re-elected isecuwitant, at a salary of £lOO a year.—Carried. Mr. P. tittles proposed, and Mr. JOUEPRE Davics seconded, a vote of thanks to Mr. Dan, the general manager, Mr. Johnson, sub-manager, and the other officers, for the able way In which they had conducted the business of the banking establishment. The compliment having been duly acknowledged by Mr. Dun and Mr. Johnson, the proceedings were brought to a dose by the usual compliment being accorded to the chairman. •  The London COlTespondeUt of the Scoiaen,,, understand/I that the marriage haa been arranged of the Duke of Norfolk with the Prine.,4 Marguerite of Orlemma, daughter of Ihe Duke of Namours.  On it oaday morning, a carter, named Gerrard, 65 years uf age, cumulated suicide by hanging himself with a rope frorn the pedisading of the bridge crossing the Irwell, at Preetolee.  rlintatisni