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L XlOX UAXkOf LOWHR CANADA. 
 
 Tlu' Vmum! Mr..|!n-.>tSlunvh..l<U'Vs el' th-- T-ni.-n Hank of I.ow.'V CniiiKla uas h.'Ul 
 ,'i, Hankiu- Mnu>r. :,( i^nrUrr. uu Tuos.lav. ihr inth day oiJuly. ls7(. at ^vhlc■h^V(H•o 
 
 F ■■ Tlui^ AiHlv-ixs. Ks.| . AV. K. D.an. Ks.,., Imv Cuuk Es,,.. R. Lo,uas. h>.,.. 1. Iku.e, 
 , '•' 1 VVh , Fs<, I - ni. Es.,.. .1. 1[. \l. A\ i.iU^ l'>.j.. E. Siniav.l. Es.i.. T. I'arvnt, Esq., 
 hv Tarl^ E "' J \ ; ial... ll.,.. O. T. Ca^-. Es.,/ W. Khod.'s. Es.,.. I. I..uis. Es.,.. 
 U vImiv E ,.. L : n.„u, Es.,. F.'M.'Eau.i.ln., Ks,,.. V. .l..niun.'^. Esq.. M. J nvn, Es., . 
 l\'. CoiloW. Esq.. F. » ). Vall.4an.1. Es.,.. iL.-u T. M.Cfiv..vy, D. C Ih-mison. Es,,. 
 
 Andukns Thomson. Es.,.. was .-all. I i. Hm^ Chair, aii.l T. S 15ri.i.i:x. Ks.,., was u- 
 (jui'sti'tl K' r.ct as 8.>cv.'iavy. 
 
 Th.' Cli;u-.'maii l>in.'*^.Hl.nl to na.l lli<> R.'l><>rt ol Ihi' l)iiv.'t..rs, 
 
 Directors' Keport. 
 
 Th.' lliivt.)rs 1..- t.. pivseiit tU 1h.r:<^u,ri^lio!.i;Ts ofM-lV- Uaiik lli • lollowin- slat.'iaout, 
 •shewmiA- th.' vrsull ol'lh.' past 'y.-ats oiisi.io.ss':'' ■ '- ' - ' ^ • 
 
 r.alan.-.. ..rrv..(it aii.l Loss Ar.'.Mint at :lOlli .lune, LSTi;........... >^ :^,«J-K^' H 
 
 I'n^litsiortlu'veur .tul.n- :!<Mh .Uu..'. ISTT. atU>r drdudii,- .xpouses ..I 
 
 mauairenu'iit. and imM-vitig lov Int.Test and Exchan-.- 1- •>, J 1 U4 
 
 Ai)i)-Tak.Mi iVomR.'st Aoc-tinl -'^"''""^ '^'-^ 
 
 i|33S,ii47 15 
 Whi.'h lias l).-.'n applWl as loll.5\vs : 
 
 ■• -j:;. :', - [lavablo ±.id July, l^H / , ;? . 
 
 Appropriat.Ml to had and d,juhtltd d.'hts.. liy2A^'.^ ■)4 ^^^^^ ^^_^ ^_ 
 
 l5alan.M> at .ivdil ol' Pvolit and Loss, ne\v a-.ount !|ltvH.:) ilS 
 
 I 
 
 104- 
 
\ ■■- 
 
 The Diii'ctors rciivt't tluii lln' (uiiiimicd dcprcssian and coiiscciiicnl Ion.sos in the trado 
 iiiivi' rciidt'i'i'd it iicci'S.'«arv liir tln'iii nuaiii ''> appropriate a lavL-'O aiinMUif l'')vl)ad and doul»t, 
 ful dcl.t>. 
 
 Charlt's !•;. Lcxcy. E>(|., who lias ix'on llic rn'sidciit oI'iIh* IJoard oI' i)ii»'eli)rs since the 
 Ibundaiion ol' tlie J!ank, ami ^vhust' ;uune lia> hoen so tllO^()U^•llly identilictl with it, lias re- 
 sitiiicd that i)o.siti(.n in constMiucncc of his advanced years. He had bolbre leaviiisi' for 
 Eiiii'laiid last year teiuhM'i'd liis ivsiiiiinlion to the I'oard. hut willidrew ii ,it the viMpiest of 
 his eo-Di recto is. 
 
 Tlie JJoard reii'rois to have to announc(^ to the Shar"lioklei> that tlie Cashiei', Mr. 
 M'acKwan. has resigned liis oiiiec, hut, at tlie re([ue.st of the Hoard, lias consented to eon- 
 tinui' to ;i<'t until some other arraniienioni can he made. 
 
 The Uirector.'i reuict to Ikinc to record the d«-iith of Mr. ."^harpies, who was lor several 
 years a zeahms and al)le ])irector ol'tho l!ank. and at, the time oi' his death Idled the cilice 
 
 of Vice-1'i'esident. Tlie \ ae;incy on the Do ird has ])een lille<l hv the appointment of M 
 William Shartiles. 
 
 r. 
 
 The Inspector has made a lli-nouuh examination into the .illairs of the hnnielies and 
 auvncies duriim' the i)asi month, and has reported liMoraldv upon tliem. 
 
 The cash iilld secillilies ;U the lli\ul Oliife have been e.\;uinned al inter\als l)\ the 
 l)ir"etors ;md found to l)r (■orre(!t. 
 
 <(»uel)i'c, joih .luh . 1^77. 
 
 A. THOMSON, 
 
 Vici: -l.'i:i;sn)i;\T. 
 
 The Chainnan then called upon I' MacKwkx |';.v(| . ('a>lii,.v. i.) iv;i<1 the Slaleinent ol' 
 Assets and Lialiililies ol'ihe Bank : 
 
 GENERAL STATEMENT, 30th JUNE, 1877. 
 
 • ••••■•••• . • •• 
 • .. ^.. . •• • J . ^^. ; • , . . ,• 
 
 Capital tStock paid up 'r'. :'.}.'.::.:'.'. .'.'..'.'.'.. '..'...'..'...'..' !^l,'.t;ti'.ii.")() (jO 
 
 Prolit and Loss. Xe\\ A<m(iuiii 5li»,57.") (jn 
 
 Interest and I'lxehaim'e l\(ser\ ed llt,4:l() 74^ 
 
 Unclaimed Divi<lends 1,187 07 
 
 Dividend Xo. 2-"!, payable I'nd .luly. 1S77 .V.KliJi) 2') 
 
 : *!t(].it4<; 74 
 
 \otes oT the J]ank in I'ii-eulation s 352, 4SU bo 
 
 Deposits Ix'aring- interest 1,258,020 82 
 
 Deposits not bearing' interest 418,355 O'.i 
 
 Due to other Banks 11(3,43'.* 24 
 
 — ■' 2.145, 2!»5 15 
 
 !5;4.234.2itl 8!> 
 
m 
 
 Hold and {Silver coin >; t)!.>,60T 38 
 
 Dominion Government Nuk's l-jl,8lt-l 00 
 
 NoU'.s and Clu'(|ucs oi Other l^aiiks 1.32.58G 53 
 
 Olio i'rom otlu'r Jianks .')2,."»S1 3G 
 
 A 426.G(J!i 2T 
 
 Ijovernmeiil Securities , •JGJJOd (».3 
 
 lioaiiis and Discounled Notes, enrrent iji!3,34li.5l;) .j-"5 
 
 Debts secured hy mortii'aii'es and otherwise 36,T"»5 I'T 
 
 Notes and Bills diseountod overdue — (Estimated loss nil) oi.'.'OS 30 
 
 |3.43(),177 ^i; 
 
 Hank Premises ;ind IJeal l-^state 109.338 1] 
 
 •S4,234,2t>i S!> 
 
 I^. MacEWEN, 
 
 C'ashieu. 
 Uniux Uaink ok Lowkk Canada, 
 
 (^uebee, 30ih June, 1877. 
 
 li was then moved 1)V ihe Chairman. seeond"d by AVesKjx Hunt, Es<{.. 
 
 That the Jieport submitted to this meeling- be adoiMed. and printed ibr dislrilmtiou 
 amonu- the Shareholders. — Canied on division. 
 
 Moved by Hon. Mr. hiviNK. secomled by E. .1. Prici:. Es(i.. 
 
 That Messrs. Carter and Wurtelo be requested io act as scrutineers at the election ol' 
 L-ireetors now al)oul to l>e held, and that the ballot-box ibr the receipt oi' votes bo lorthwith 
 o])ened and renuiin opi^n till liali-i)ast three o'clock. 
 
 Moved by Col. JiJiouEs. seconded by JJr. llussELL. 
 
 That a reeoninieiidation be sug'g-ested to the Shareholders to reconstitute the Jjaidv in 
 their elecnon of Shareholders on the principal of a re]nvsentation of trades such as existed 
 in the oriii'inal formation of tiie l)oard. — Amendment lost on division, and oriii'inal motioii 
 carried. 
 
 — oo>«o 
 
REPORT OF SCRUTINEERS. 
 
 1 \ii>\ i; \\K Ml 1,1 1\\ i:i; ('.A\ \i'\. 
 
 »^'u. IhT. Imii July. 1^77. •,'^' 
 
 Till' S>:illl iin'ii ■> Ifi'u to iipoi 1 \\i* Idllow iiiM cl'il'd ii» ill'' lliiiid 111 Dii'clor- I'triln 
 cuiii'iii \ t<r\r : — 
 
 |i. ( '. TiiH\{so\. i';^(|., 
 JIoji. (;i:<«i;i.i-: li;\ ink, 
 AV. SiiAi;ri.i> l-]-'| . 
 ('ini;i-i> l". I.K\K^ . \'.><[.. 
 II. .1,. Tlld- M< ( i KKF.X V. 
 
 ]■:. (_;ii:mi \. ]■:- 
 
 W il. ( \i; ii:i;. / 
 
 \l II i:\i."i W I Hi i: i.i:. \ 
 
 Sii'i'/iiiffi's 
 
 '1 Ih' C'li:iiriiiiiii liiiv iii'j v;ii nl> ■ ilic clinir, ;iikI U. Moat. Iv--m.. lia\ iiil; Imtii (;ull«tl 1 \n-vr 
 
 In. it \\a>. 
 
 M(.vcd l'\ ilu' M.woi; (.rQu''l«<'c. >..c<.ii(lr.|l,\ A .Im-ki'!:. K>(|.. 
 
 That tlir lliallk> "I'llli' 1!M'<'I ill'j;- 1'" t^'Mtlclvd \n \ TIimUI-mH. ]■;-().. \ny jiiv .r,,|c , 111(1 llll- 
 
 [lartial cMiKlurt in lln' iliair. 
 
 The ihaiik- <>l i!ii' iin'fli.m lia\iiii; l>i'('ii voii'd lo ,1 S. j'.iuldfii. i;.>(|.. Si'fi'i'tarv. and 
 "Mo^is. CarliT aiitl Wiivlcl''. Srnuiii'''>"s, l Ix- imMMiii'j- \\a- iIIsnoK rd. ihiT.- Ix'Jiil; ih> IuiiIkm 
 
 l)Usill('^^ IicI'mIC il 
 
 J. S. BUDDEN, 
 
 SE(riKTAi;\. 
 
 At a ,sui>><'»iui'iii jii.'ftiiiu ul ilir new Hoji'd. A. Tii<'iu>-()ii. l>«i . was rli'.tiMi j'rf>.;idt'iit. 
 mid Hon (i Irviii'', Vi.v-rr.Md''nt. 
 
- 1«)1 ill. 
 
 tmm^^ni 
 
 li iirei's 
 
 tu*l i lirl'i' 
 
 !■ ,nii! iiti- 
 
 ■liil'v . ;iii(l 
 111" Inillu'i 
 
 rAi;\ 
 
 j'l'f^hli'Ul.