A Compendium of the English and Foreign Funds, and the Principal Joint Stock Companies (Paperback)

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1837 edition. Excerpt: ... 7 6 6 8 II 5 5 7 6 6 6 6 8 0 6 8 6 6 8 0 6 10 6 6 7 6 .. d. 6 6 6 5 6 6 5 6 6 6 6 6 6 6 6 5 10 6 6 6 0 6 6 7 7 7 2 6 6 8 5 10 6 6 6 8 6 6 8 5 6 0 6 6 6 .: d. 6 7 6 6 7 6 7 5 6 7 5 6 w 6 7 21-" 6 7 2 0 5 6 12 7 0 6 11 (i 7 fi 7 0 7 An account of the sums paid into the Stamp Office for duty on insurance from fire, and of the sums insured by each fire office, in London, on farming stock exempt from duty, during 1834. The total amount of duty was 550,399 17s Id.; which, at 3s. per cent., would make the value of the property insured by the London fire offices 366,933,236. BANKS. ENGLAND AND WALES. Until the year 1826, the exclusive privileges possessed by the Bank of England prevented the establishment of joint stock banks of issue in any part of England or Wales. In that year an act was passed (7 Geo. IV., cap. 46), permitting the formation of these associations at the distance of 65 miles and upwards from the metropolis. By virtue of this act, joint stock hanks of issue have been established in various parts of the country, none of which have received any special charter of incorporation; and consequently the proprietors are individually responsible to the full extent of their property, for all the liabilities of the company with which they are connected. The Bank of England.--This bank was established in 1694, with a capital of 1,200,000, which was lent to Government at 8 per cent. interest. On the 27th of July, in the same year, it was incorporated by act of Parliament (5th and 6th William III., c. 20), for 11 years certain, after which the charter was to cease, upon one year's notice being given by Government. In the year 1696, during the recoinage, the Bank of England, having been entirely drained of...