ADDENDA.
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■which certain privileges are granted to them as a Banking Com-pany, along with the Bank of England, Bank of Scotland , andRoyal Bank.
By their original charter in 1746, the capital of the Company•was 100,000/. By another royal charter in 1806, it was increas-ed to 200,000/.; and by their charter in 1813, it is now 500,000/.
Besides their head office at Edinburgh , the Company have longhad establishments in the principal towns in Scotland . In 1808,they had branches in the following towns, viz. Leith, Cupar, Dun-fermline, Montrose* Inverness, Forres, Elgin, Glasgow, Dum-fries, Hawick , Jedburgh, Dunse, Dunbar, Newton-Stewart, andPerth , which are all specified in the 48th of the King, cap. 149.;and they have since established branches at Dundee, Stranraer,,and Tain.
The business of the Company is now confined to dealing in billsof exchange, giving cash credits, and receiving deposits of mo-ney, for which they in general allow 4 per cent . interest. In alltheir payments, they circulate their bank-notes, payable on de-mand. They also remit to London , a share of the public reve-nue of Scotland , along with the other banks.—But as their bu-siness, on the whole, is carried on in the same manner as that ofthe other two chartered banks, it seems unnecessary to give amore particular description of it, in this place.
The partners of the Company, in terms of their charters, electannually, on the first Monday in March, a Governor, Deputy-Governor, and five Directors : At present the officers of the Com-pany consist of a Manager and Secretary, two Accountants, and23 Clerks ; besides their agents and clerks in the country.
The Company’s stock sells at the rate of 212/. per cent.
FINIS.