THE SEKTH LARGEST BANK.
The paid-up capital of the Lancashire and Yorkshire Bank is £1,207,872 in shares of 120 each, with £12 paid, and the Reserve Fund is equal to the paid-up capital. Shareholders of the Lancashire and Yorkshire are now to receive for each share in their bank, seventeen fully-paid shares of El each in the Bank of Liverpool and .Martins, and a cash payment of £1 per share. If will be seen; therefore, that in addition to an actual profittrepresenfed in the market price of Bank of Liverpool and Martins shares, the shareholders of the Lancashire and YorkShire will have a further inducement in the fact that they will no longer have shares on which there is any liability. According to the latest balance 'Sheet, the_ deposits of the Lancashire and Yorkshire amounted to over 123,000,000, and the combined institution will have deposits of well over 183,000,000, thus giving it the glade of the sixth largest joint stock bank in the United ,Kingdom,
Previous page
