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Weekly Chronicle in London, Middlesex

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Weekly Chronicle

Location

London, Middlesex, United Kingdom

Date

Jan 28, 1865

Page

8

Directors Explain Promoters' Charges and Dividend Outlook

Shareholders heard that the balance on paid up capital stood at roughly £3,884 from a £4,337 average and about 34 percent. The speaker stated dealings aligned with the articles and, since not involved with the corporation when agreed, could not elaborate. He noted 20 percent written off already and predicted the remaining amount would be cleared sooner than expected. He mentioned a potential £7,000 dividend impact and claimed he had never heard of the Graysbrook Iron Company. The report was adopted with auditors re-elected and thanks given to the chairman and Mr Walford.

Preston Mackley Graysbrook Iron Company Sipson Walford Baltic South Sea-house Threadneedle-street Joan Hackaiock Cramrman Ile Bryan J. E. C. Kocu Stock Exchange Messrs Barradaile Walker J. Ball R. Wade Crtairman Mercantile and Imperial Financial Association London Europe Alderman Daxxy Allen Bank of London J. Young Coleman, Turquand, and Visip Young Fiep Pb CuarrMan Jackson M. P Crafrman Frevo

London Financial Association Third Half Year Meeting

The third half-yearly meeting was held at the Baltic Threadneedle Street with Mr Joan Hackaock in the chair. Directors reported a profit of £84,039 for the half year to December 31 and outlined balance sheet strengths, reserve policies, and dividends.

Imperial Mercantile Credit Company Meeting Proceedings

The first ordinary general meeting of the shareholders was held on Monday at the London Tavern Bishopsgate Street. Mr Joan Cuarman attended in the air. Secretary Mr Winterbottom read the notice convening the meeting and the report and accounts, already published, were taken as read.

Imperial Mercantile Credit Company London Tavern Bishopsgate Street Joan Cuarman Winterbottom

Board Hails Amalgamation Strength and Stable Profits

The chairman praised the merger of the Mercantile and Imperial Financial Association, noting increased capital and the combined management strength. He stressed prudence during financial changes, announced a 10s per share dividend, and discussed carrying forward surplus to midsummer while maintaining solid deposits and international connections.

Warrant Finance Company First Half Year Meeting Report

The first half year general meeting at the London Tavern chaired by Mr. Dr Pass discussed the seven and a half month business. The chairman praised the company’s solid cash and securities position and expressed confidence in the directors, noting no depreciation risk. He noted questions about lack of investments remain.

London Tavern Dr Pass

Also Mentioned on This Page

London Financial Association Warrant Finance Company
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