Anglo Italian Bank first annual report before meeting
Directors present first balance sheet detailing start up delays in Turin and Milan opened Oct and Dec 1864. A Florence and Naples expansion planned with local Turin Milan committees and prominent firm representatives named. Gross profits to Dec 31 amount to £25102 6s 7d after expenses and rebates. proposed write off of £2831 13s 1d and £2000 reserve with £1697 4s 9d undivided profit. Re-elections offered for Sir James Hudson, J Lubbock, and R Benson. new directors include Lacasta Leonino and Devincenzi.
MENTIONED IN THIS ARTICLE
Italy
Turin
Milan
Florence
Naples
Giuseppe Dupré
Dupré, Pére Et Fils
Vincenzo Denina
Gaetano Piaggio
Gaetano Spinelli
Fedele Bernd and Co
Giulio Belinzaghi
Pietro Brambilla
Brambilla and Co
Giuseppe Oneto
Oneto, Cavajani, and Co
Giovanni Noseda
Noseda and
Barocco
J. P. Lacasta
K.C.M.G
Sabino Leonino
Leonino Brothers
Genoa
Commendatore Devincenzi
Royal Commission For
James Hudson
J. Lubbock
R Benson
Eastern Exchange Bank reports first general meeting
Directors present audited accounts up to 31 December 1864 showing a profit of 3 368 2s 3d and propose a half year dividend of 1s 6d per share free of tax. They plan a branch in Alexandria with J H Etheridge as general manager. R E W Baker appointed resident manager there. Retiring directors stand again for election. auditor to be elected and remuneration fixed.
MENTIONED IN THIS ARTICLE
Eastern Exchange Bank (Limited
Liverpool
J. H. Etheridge
Egypt
Alexandria
R. E. W. Baker
Agra and United Service Bank
Bank of Hindustan
China
Japan
Patrick Hunter
G. M. Bowen
A. Malcomson
Bank of Egypt declares half year profits and dividend
The Bank of Egypt reports 1864 half year net profits of £20,028 18s 9d after bad debts. Adding brought forward £6,272 12s 8d yields £26,301 6s 5d for appropriation. Directors recommend £6,482 to reserve, a 10 percent dividend (£12,500) free of tax, plus a 5s per share bonus (£2,500), with £4,819 6s 5d carried forward. William Tite and Patrick Robertson offer re election. auditors retire but stand for re election.
MENTIONED IN THIS ARTICLE
Bank OF Egypt
Che
William Tite
Patrick F. Robertson
Bank directors report on profits and dividend plan in New South Wales
The English Scottish and Australian Chartered Bank announces that despite a protracted low commercial mood in New South Wales, half-year profits are satisfactory. Adelaide branch growth remains strong and dividends are proposed at six percent on £600 000 with £18 000 paid toward capital and £7 000 added to the reserve, £267 2s 8d carried forward.
MENTIONED IN THIS ARTICLE
New South Wales
Adelaide
Melbourne
Directors Report of The London Joint Stock Discount Company
The directors report to be submitted at the meeting on the 31st inst. congratulates shareholders on a satisfactory result given the late severe commercial crisis. The balance ...
MENTIONED IN THIS ARTICLE
London Joint-Stock Discount Company
Joint-Stock Discount Company (Limited
Directors declare six percent dividend and build reserve fund
The company reports six month gross profits of £46,172 13s 10d after bad debt provisions. It increases the reserve to £30,000 and declares a dividend of 6 percent per year amounting to £14,000. Shares will receive warrants payable after February and free of income tax.
MENTIONED IN THIS ARTICLE
Agra and Masterman’s Bank
Nicholas-lane
Lombard-street
Leeds Banking Company
A. W. Rixon
J. P. Judd
C. J. H. Allen
London
Oriental Financial Corporation report to shareholders 1864
Directors report profits from April to December 1864 total 21762 pounds 13s 2d after expenses 16975 pounds 18s 11d left to carry forward 12971 pounds 3s 3d. Interim interest and dividends paid 8 percent. India operations cautious. other activity includes collateral advances and new ventures with London Engineering and Iron Shipbuilding Company Barakai Tea Company and a proposed alteration to articles to meet Stock Exchange rules increasing director qualifications and debenture powers. An extraordinary meeting will be called.
MENTIONED IN THIS ARTICLE
Oriental Financial Corporation
Oriental Financial Corporation (Limited
India
East
London Engineering and Iron Shipbuilding Company (Limited
Messrs. Westwood, Baillie, and Co
Barakai Tea Company (Limited
Stock Exchange
English and Foreign Credit Company Directors Report
The directors report the six month operations through December 31 1864 showing a balance after expenses and rebates of £5836 0s 7d. They propose a dividend of 5s per share absorbing £3553 5s and carry forward £2282 15s 7d to 1865 with £2839 13s 5d credited to new accounts. All directors offer re election though one third should retire.
MENTIONED IN THIS ARTICLE
English and Foreign Credit Company
English and Foreign Credit Company (Limited
National Provincial Marine Insurance Company Directors Report
The directors report progress since starting on May 16 with seven months of activity yielding £68,665 3s 9d revenue, projecting about £110,000 annualized. They emphasize sound business over high risk and note steady growth through an influential constituency. They propose 6 percent per annum interest on paid-up capital for six months ending December 31, with £39,237 1s 11d carried to 1865.
MENTIONED IN THIS ARTICLE
National Provincial Marine Insurance Company
National Provincial Marine Insurance Company (Limited
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