The article from The Times newspaper on 28 December 1868 reports the theft of a gold watch, the pursuit of a suspect, the gathering of evidence and witness statements, and the charges brought against George Summers - a ship's steward. It also reports the crime and punishment of a cabdriver, who crashed his cab into another when driving recklessly under the influence of alcohol.
L. is another way of writing £, the pound sign. Until 1971 British money was divided into pounds (£ or l.), shillings (s) and pence (d). A pound was equal to 20 shillings and a shilling was equal to 12 pence.