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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Weekly Chronicle
Location
London, Middlesex, United Kingdom
Date
Jun 25, 1864
Page
5
The text details corporate resolutions empowering seals under The Companies Seals Act 1864 and repealing conflicting articles. It notes Glyn Mills Currie and Co joining, forming Glyn Mills Currie and Co at 67 Lombard Street, plus plans for Norwich branch. It covers share calls, bank removals, dividends, and leadership appointments across London, Brazil, and Portugal, with profit figures and future expectations.
A report under an 1864 Lords order provides totals for Joint Stock Companies from 1856 to date. Wound up or discontinued 938, remaining in operation 2892. Capital 429 103 622 pounds, shares 42 085 073, shares taken 10 110 558, calls received 87 195 595, shareholders 209 126. Data notes note underreporting in last twelve months.
Workmen begin removing toll bars as Act 26 and 27 Vic c 78 takes effect after midnight Thursday. Eighty one gates are abolished and fifty one miles freed, tolls reduced to one penny per non drawing horse, two pence per drawing horse, five pence per score of cattle, and two pence halfpenny per sheep.
A long condensed report covers Tun Lompon and Southwark Insurance Corporation proposing to raise £500,000 in 20,000 shares with £25 each. first issue 10,000 shares with £5 call. It notes two thirds of shares must be subscribed, otherwise money returned. Also details Westminster Insurance Society winding up meeting on July 5 and a British and Foreign Marine Insurance Company meeting on July 28 in Liverpool to discuss dividends without prior general approval. The page includes a letter denying ties to Independent Fire Assurance Company and reports on new duties on fire insurance, Crimean Patriotic Fund, and post rules for Australia and New Zealand letters effective July 1, with various tariff scales and a critique of increased Australia mail charges.
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