683518-1880-Advertisement — Page 2

168

THE

GAZETTE, 1TH FEBRUARY, 1880.

NG GO

HONGKONG & SHANGHAI BANKING

CORPORATION.

TPREME COURT OF HONGKONG

IN BANKRUPTCY.

-Curanges LOUIS THEVENIN, VA, starting Street, Vietoria, Hong- Merchant al fommission Agent, unded. Bakrupt under a Petition

2 Botoshoping, fed in the Su- Ti nuket, on the 8th day of

reinel to surrender # SALE CHARLES BUSHE Refatran of the id Court, at i Chualities to be held by the MONDAY, the Sixtrenth 1--9, at leven of the clock

we, at the Ulline of the

<LES BUSHE PLUNKET is the

will harder be appointed by the wald Bankrupt to pass his and tu tu tko apdieation for his vite u walee will be given

lites, the Revistrar Dow of the Creditors. sical love proved their

erity of the value ereby diverted to choose For Assiques of the and bulers, to be called the

1880.

C. 3, PLUNKET, Registrar.

UPER MS GILET OF

HONIERUNG.

of victoria. konu, clark IN LAKE,

wart HeyG-

To the employ

AAMATUTINE HEARD

to the clony of Hong-

clwa that a Writ of

rehrambe on the johast all the Pro- fire above bound bran issued in Gistute of Suction Chart of Civil Pro-

& HOLMES,

de the Phentity,

LIVE INSURANCE

LESERVED.

MHAIHUOLORS.

I ABSARY ANNUAL SUALEHOLDERS in wil be in to the Offee of

Qar's Heel, at Thane monk of Monday, the 2nd to derive a Patent of vermbir, 1539. the Report

und to mini & Consult-

ENTURAON &

49

MoPed.

AP INSURANCE

the Company in the Sart of

TWENTY-NINTH

REPORT OF THE COURT OF DIRECTORS

•

TO THE

ORDINARY YEARLY GENERAL MEETING

OF

SHAREHOLDERS

TO BE HELD

AT THE CITY HALL, HONGKONG, On Saturday, the 14th February, 1880, AT 3 P.M.

To the Proprietors of the

HONGKONG & SHANGHAI BANKING CORPORATION.

GENTLEMEN,

The Directors have now to submit to you a General Statement of the affairs of the Bank, and Balance Sheet for the year ending 31st December last.

The net profits for that period, including $14,820.17 brought forward from last account, after paying all charges, deducting interest puid and due, making provision for bad and doubtful accounts, and for the difference in Exchange be- tween the rate at which the Dividend is declared and the current rate of the day, amount to $318,881.30, of which, after taking out rebate on Bills not yet due, and remuneration to Directors, there remains for appropriation $303,228.97.

From this sum, the Directors recommend the payment of a Dividend of One pound Sterling per Share, which will absorb $177,777.77.

The Directors recommend placing $100,000 to the credit of Reserve Fund, which will then stand at $1,500,000, and carrying forward the balance, viz., $23,451.20 to the credit of new Profit and Loss Account.

DIRECTORS.

In conformity with the provisions of the Deed of Settlement two members of the Court, Messrs. DALRYMPLE and MCIVER, retire from the Direction, but they are eligible for re- election, and offer themselves accordingly,

The Honourable WILLIAM KESWICK has bon appointed Chairman of the Corporation

PROFIT AND LOSS ACCOUNT. HONGKONG & SHANGHAI BANKING CORPORATION.

Dr.

31st December, 1879.

To AMOUNTS WRITTEN OFF:

Remuneration to Directors, $10,03⁄4aiņa Rebate on Bills not due..... 5352.42

To DIVIDEND ACCOUNT:

£1 per Share on 40,000 Shares

£40,000 @ 4,6,

To RESERVE FUND,

To BALANCE:

Carried forward to next half-year, ...

Cr.

By Balance of Undivided Profits, 20th

June, 1879,

By Amount of Net Profits for the Six Months ending 31st December, 1870, after deducting all Expenses and Interest paid and due......

RESERVE FUND.

$ 15.622.42

10),95/01

25,101 20

$ 14.820.17

364.661.22

SUP

To Balance on 31st December, 1879,...$1,5indrà 69

By Balance on 50th June,

1879,

.$1,400,000.00

By Amount from Profit

and Loss Account,... 100,000.00

T. JACKSON, Chief Manager. H. SMITH, Chief Accountant.

WM. H. FORBES, W. KESWICK,

-$1,500,000 00

E. R. BELILIUS (98

We have compared the above Statements with the Books, Vouchers and Securities at the Hewi tiare, and with the Returns received from the rares Branches and Agencies, and have found the same to be correct.

P. 1YRIE.

A. P. MCEWEN, Auditve. Hongkong, 7th February, 1889,

FOR SALE.

for 1866, and Mr. ALXANDER MOIVER has TIE CITIES AND TOWNS OF CHINA, bear elected Deputy Chairman,

AUDITORS.

The Accounts have been andited by the Honourable PHINEAS RYRIE, and Mr. A. P. MCEWEN (in the place of The Honourable II. B. Grun abscut from the Colony) and the Directors have pleasure in recommending the re-appointment of Messrs. RYKIE and GIBB AS Anditors for the year 1800.

W. H. FORBES, Chairman.

Hongkong, 7th February, 1880.

ABSTRACT OF ASSETS AND LIABILITIES,

HONGKONG & SHANGHAI BANKING

Ir.

Ca h,

CORPORATION,

31st December, 1879. ASSETS.

Goverument Securities,

$ 7,889017.64 3,028,010.09

kill. Discounted, Loans and Credits, 15,178,820.26

12... Trceivable,

Bank Pranises,

Dead Stock,..

27,211,861.33

220,159.17 106,885.96

$52,194.234.85

LIABILITIES.

C1.

Paid-up Capital,..

Reserve Fund,

$1,400,000.00 Marine Tasur. Acob..... 102,310.27

Notes in Circulation, & 2.892231.89 Deposito,

28,851,000.06

Bills Payable, (ncluding Drafts on Lemon Burkers and Shon Sicht Brawings ou par London Unive age inst Bill, Itronivable and Bal- Hoe Shipments)....... Pratt and Loss Account,

$5,000,000.00

1,582,399,27

24,001,271.05

A Dictionary of Reference,

By

G. M. H. PLAYFAIR.

Trice-$0.00 per Copy, bound, Apply to

MESSRS. NORONHA & Co.

"}

"

LANE, CRAWFORD & Ĉe. KELLY & WALSH,

31

MCEWEN, FRICKEL & Co.

Hongkong, 27th January, 1880.

FOR SALE.

THE Undersigned having yet a few

copies of the

THE

Revd. W. LorSCUFID'S

Chinese & English Dictionary, beautifully bound up, now offer them at reduced price of $2.50 each.

Half bound,

NORONIA * Co.

Hongkong, 1st October, 1879,

NORONHA & Co.,

PRINTERS, PUBLISHERS & STATIONERS

AND

Printers to the Government of Hongkong,

Nos. 5, 7 & 3, ZETLAND SIRELY, HONGKONG.

ESTABLISHED, 1841.

Letter-Press Printing, Cooper-Flic Printing Play-bills, Hand-bilis. Progromit: da

Posters, you go,

nently printed in coloured ink.

20,331,782.94 | LARGE ASSOCUMENTS OF VISHENG, BALL,

318,881R9

$52,134,334,8a

MEND AND SHAT CALD

Printed and Published br Nonovis & C9. Printers to the Hongkung Obsera zent