Bank Shareholders Hold Special Meeting and Reelect Directors
Shareholders praised the bank's progress and management led by Tomson. A 5 percent half year dividend was approved and directors Picard Richardson and Whitworth were reelected. Auditors Martelli and Percival received £10 10s each for services. Proceedings covered articles of association changes and promotion money adjustments.
Union Bank of Ireland Reports Half Year Profits and Dividends
At the half yearly shareholders meeting held at the London Tavern on the 22nd inst the directors reported net profits after expenses and bad debts of £5 432 3s 4d added to £4 126 11s 9d brought forward to a total available balance of £9 558 1d They proposed £1 500 to reserve fund £1 000 to preliminary expenses and a dividend of ten shillings per share free of income tax totalling about £5 000 leaving £2 058 15s 1d to new account The report notes progress at branches including Charleville opened in February and favourable harvest prospects for Ireland confirming the bank’s policy of channeling Irish deposits for national benefit The chairman was unable to attend due to ill health
MENTIONED IN THIS ARTICLE
London
Bruce
Charleville
Ireland
CuammMay
Excise Office
Colman O’laughlin
Union Bank of Ireland
Munster
Belfast
West Indies
M‘gavel
Bray
Robert Jephson
Dublin
Conquest
Duncombe
Cork
Verlin
Hughes
Morrell
Quary
College-green
Bank praises Irish deposits and flax growth in soaring confidence
Shareholders hear of rising deposits at the Union Bank of Ireland driven by liberal loan policies and strong public support. The chairman notes Bray branches trebling activity, while Dublin and Cork managers praise progress, new College Green premises, and growing confidence in Ireland.
London and South-Western Bank half year report and dividend
The second ordinary meeting was chaired by Mr Jasper W Johns at the head office. The bank reports a six month net profit of £7,249 18s 2d, with £537 8s 9d written off expenses £1,170 18s 10d set aside for rebates and £3,000 allocated for a 6 percent dividend. Capital is increased to £1,000,000 via 5,000 new shares at a £2 10s premium. Dividends payable from August 2 at head office or branches.
MENTIONED IN THIS ARTICLE
London and South-Western Bank (Limited
Jasper W. Johns
Messrs
J. W. Johns
J. F. Vesey Fitzgerald
S. Hopton Hadley
Also Mentioned on This Page
Arcwardson
SiHraren Puper
Cuartman
Law
Tomson
Camelle T. Picard
T. Shepherd Richardson
Robert Whitworth
DuGpaAtn
Grirriru
Laver
Winstanley
Martelli
Percival
Griffith
Marre
Kyieut
Waitworth
Tomsoy
Kniur