Bank directors face scrutiny over high pay and overdue bills
Shareholders denounce £3,000 annual pay for directors while dividends lag at 74 percent. The Craftman notes past full remuneration only with 8 percent plus dividends. Auditors report bills of £800 by a director, but board holds full security and the director has resigned. The meeting discerns no further calls, and vacancies will not be filled immediately.
MENTIONED IN THIS ARTICLE
Nunn
Sibthorpe
Mr. Nunn
CiariMan
London
Symons
Cuarkman
MacMaster
R. C. Gazulay
H. Learur- Dale
Bank Notices on Share Calls and New Loans Across Banks
The circular discusses a £4 10s call on European Bank shares, notes high business growth, and a shareholders meeting in early 1865 with accounts up to 31 December 1864. It covers the London Chartered Bank of Australia's half year results, proposed dividends, and reserve allocations. It also outlines the Imperial Ottoman Bank and Stern Brothers loan of £916,000 for the United Danubian Principalities, with 7 percent interest and a sinking fund, plus NZ Banking Corporation Limited account permissions, dividends, reserves, and a mortgage investment arrangement in Dunedin amid regional failures.
MENTIONED IN THIS ARTICLE
European Bank (Limited
King William-street
London
London Chartered Bank of Australia
Imperial Ottoman Bank
Messrs
Stern Brothers
Imperial
Ottoman Bank
Bucharest
New Zealand Banking Corporation (Limited
Bth
Dunedin
Insurance Chronicle Notes Fortieth AGM In London
The fortieth annual meeting of the Insurance Chronicle Society was held at No. 13 St James’s Square, London with J R Mowsray in the chair. The chairman paid tribute to the late Mr. Green, outlined both his virtues and positions, and announced Mr. Paget and Sir Charles Locock as successors. The annual report showed 466 new policies totaling £271,440, premiums £8,755, income £201,850, and claims of £115,878. the surplus stood at £60,136 and the Assurance Fund reached £1,446,600.
MENTIONED IN THIS ARTICLE
St. James’s Square
London
J. R. Mowsray
M.P
G. Curcrarre
Green
General Council of Medical Education
Court of Examiners
College of Surgeons
Alway
Nore
Mr. Green
Paget
Charles Locock
Exchequer
Medical
Also Mentioned on This Page
Insurance Chronicle
the Clerical, Medical, and General Life Assurance Society
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!