CO885-(16-18) — Page 176

། ། ། ། །

PUBLIC RECORD OFFICE

سائية

Reference :-

C.O-885

COPYRIGHT

17 PUBLIC RECORD OFFICE, LONDON

ALLY WITHOUT PERMISSION OF THE BE REPRODUCED PHOTOGRAPHIC-

PHOTOGRAPH—NOT TO|

107

326. The total amount of the Debts and Liabilities of the Company, whether upon Bonda, Bills, Promissory Notes, or otherwise contracted over and above the amount of the Deposits on Banking Accounts with the Company's Estab- lishments, not to exceed at any time three times the amount of the capital' stock subscribed and actually paid up.

327. No Promissory or other Notes to be issued for sums under 17. sterling (or in the North American Colonies 17. Halifax Currency), or the equivalent thereof in any other local currency, and not for fractional portions of such Pound or other equivalent amount.

328. All Promissory Notes of the Company, whether issued from the Principal Establishment

or from Branch Banks, to bear date at the place of issue, and to be payable on demand in Specie at the place of date.

329. The total amount of the Promissory Notes payable on demand, issued, and in circulation, not at any time to exceed the amount of the Capital Stock of the Company actually paid up. A reserve of specie always to be maintained equal to one-third of the amount of Notes at any time in circulation.

330. In the event of the assets of the Company being insufficient to meet its engagements, the Shareholders to be responsible to the extent of twice the amount of their subscribed Shares (that is, for the amount subscribed, and for a further and additional amount equal thereto).

331. Suspension of Specie Payments on Demand at any of the Company's Banking Establishments, for a given number of days (not in any case exceeding sixty) within any one year, either consecutively or at intervals, or other breach of the Special Conditions upon

which the Company is empowered to open Banking Establishments or to issue and circulate Promissory Notes, to forfeit those privileges,

which shall cease and determine upon such for- feiture as if the period for which they had been granted had expired.

332. The Company to make up and publish periodical Statements of its Assets and Liabilities monthly, showing under the heads specified in

108

the Form which is inserted in the Appendix No. 12 the average of the amount of its Notes in Circulation, and other Liabilities, at the termin- ation of each week or month, during the period to which the statement refers, and the average amount of Specie or other assets that were available to meet the same. Copies of these Statements to be submitted to the Government of the Colony within which the Company may be established ; and the Company to be prepared, if called upon, to verify such Statements by the production, as confidential documents, of the Weekly or Monthly Balance Sheets from which the same are compiled. And also to be prepared, upon requisition from the Lords of the Treasury, to furnish, in like manner, such further inform- ation respecting the state or proceedings of its Banking Establishments as their Lordships may see fit to call for. The Governor to be also empowered to verify the Statements of the Com- pany of the amount of Specie held by them.

APPENDIX.

PUBLIC RECORD OFFICE

TIT

C.O.

Reference :-

-885

17 PUBLIC RECORD OFFICE, LONDON

ALLY WITHOUT PERMISSION OF THE BE REPRODUCED PHOTOGRAPHIC- COPYRIGHT PHOTOGRAPH-NOT TO

12. (Par. 332.)

FORM OF RETURN REFERRED TO IN REGULATIONS RELATIVE TO BANKING COMPANIES.

RETURN of the Average Amount of Liabilities and Assets of the Bank of

from [1st January] to [30 June] 19

Liabilities.

Promissory Notes in circn-

during the periods

Assets,

Coin and Bullion

£

lation not bearing

Interest

£

Landed or other property

of the Corporation

A

Government Securities £

Bills of Exchange in ciren.

lation not bearing Interest

愁

Bills and Notes in circula-

tion bearing Interest £ dne to other

£

Balance

Banks

Cash Deposits not bearing

Interest

*

Cash Deposits bearing

Interest

PAR

...

£

To Shareholders for Capital

paid up

To Ditlo for Additions

declared to Shares (if any)

£

To Ditto for Dividends remaining unpaid (if any)

£

Total average Liabilities £

***

Promissory Notes or Bills

L +

of other Banks

Balances due from other

Banks

***

£

Notee and Bills Dia- counted, or other Debts due to the Corporation, not included under the foregoing heads, and exclusive of Debta

abandoned na bad....... &

Total average Aaseta £

333. The Charter or Act of Incorporation may provide for an addition to the Capital of the

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•885

17 PUBLIC RECORD OFFICE, LONDON

ALLY WITHOUT PERMISSION OF THE BE REPRODUCED PHOTOGRAPHIC-

COPYRIGHT PHOTOGRAPH—NOT TO