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Weekly Chronicle in London, Middlesex

03 Dec 1864

Page 5

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Weekly Chronicle December 3, 1864 Page 5 old newspaper archives

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Newspaper

Weekly Chronicle

Location

London, Middlesex, United Kingdom

Date

Dec 03, 1864

Page

5

Scinde Punjaub and Delhi Bank holds share meeting

The third half yearly meeting of the Scinde Punjaub and Delhi Bank Corporation was chaired by W P Andrew. It reported branches in Bombay Kurrachee Lahore Amritsar and Calcutta with agencies at Madras Hong Kong Ceylon Sydney and Alexandria. The five new branches were unproductive. Directors explained no dividend due to cautious policy, aiming for long term profits from railway-linked deposits and improved trade. The report was adopted amid shareholder questions about past premiums and branch expenses.

MENTIONED IN THIS ARTICLE

Scinde, Punjaub Delhi Bank Corporation London Vavern Bombay Kurrachee Lahore Amritsar Calcutta Madras Hong Kong Ceylon Sydney Alexandria Cuarrman F. W. Russley M.P Seavy Conyneary Minton TEE
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Bank of London and South Africa Shareholders Meet at London Tavern

At a London Tavern general meeting of the London and South African Bank shareholders, Colonel J A Honnanp chaired as the chairman was absent due to bereavement. Directors reported a steady deposit rise from £228,000 in 1863 to £360,000, noted note circulation issues, and proposed charter changes to limit notes to issuing branches. A motion to hold future meetings biannually was discussed, with the chair promising to issue notice for a November gathering.

MENTIONED IN THIS ARTICLE

London Tavern Jas. HonnAnp CrAfrsman Symons James MacMaster Etheridge Capetown Cape South Africa India Egypt Ife Ciarkman
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Also Mentioned on This Page

Banking Chronicle Messrs London and South African Bank
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