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Leader (1850-1860), 29th March 1851, Edition Country of 2, Page 20

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  • Adverts (12)
  • Text (1)

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    • 304 «*« %t***V. [SATUHX..V, ¦ ' ¦ _ __ ¦...

      304 «*« %t***V. [SATUHX..V, ¦ ' ¦ _ __ ¦...

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    • Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.

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      304 «*« %T***V. [Satuhx..V, ¦ ' ¦ _ __ ¦...

      304 «*« % t *** V . [ SATUHX .. V , ¦ ' ¦ _ __ ¦ — . ¦>¦ . ^» - » -r * -r Tr » -n -rt / - » T > 1 l T A __ r" \ f"iT A TTA \ T ASSOCIATION

      Ad02012

      mHE STANDARD LIFE ASSURANCE _ STABLI 8 hE 1 > ib ^ . -co , s ??{ U 1 AcT ok p Ak . iambnt . T - « FIFTH ANNUAL GENERAL MEETING ^ sSff ^ a ^ r """ PPnBnH Patton , Esq ., Advocate , in tne cnair . In openfn-Uie proceedings the Chairman congratulated the ine ^ in- on Ihe satisfactory position of the Company generally , Tnd called attention to a few of the leading results in the busiand ^ aiien aiie ^ never hap penedt . » he proceeded , "X t parties cafledio fill this chair have not had to offer coa--ratula ^ nVupon the progress and prosperity of the Company ; Ind it is a high gratification to me to be able on . this occasion not only to announce that the past year has , like Us predecessors , exhibited maiks of progress , but that in no iormeryear has the amount of business been so large and the progress of the Company , in all respects , so highly satisfactory . " Dunn" - the past year we have effected new Insurances on 861 lives and to the amount of no less a sum than £ 509 , 147 10 s . 6 d ., independently of other large transactions in different classes of business ; the mortality , on the other hand , has been very smallthe claims under policies amounting to little more than 1 per cent , on the sums assured , which , in a Company of twenty-five years' standing is , it must be allowed , a very striking result . " The fact that new Assurances have been effected to the amount of upwards of half a million in a single year , adding to vour vearlv premiums no less than £ 17 , 550 14 s . 9 d . ( exclusive of ilOOOOof " annual premiums , derived from the business of the Experience Company , acquired by the Standard ) , affords most eratifyin" evidence of the estimation in which the Company is nel « l , andl trust I may say of the zeal and efficiency with which its affairs have been conducted . That this large amount ot Assurance has not been obtained by any neglect of precaution in the selection of lives , is evidenced by the tact , that the 8 bI lives wtre selected from 1066 proposals , and that no less than 205 were rejected . If we err , 1 believe , at all , it is on the side ° "Ttmst . Gentlemen , I maybe pardoned for drawing your attention to the fact that this Company now transacts annually—-with one , or it may be , two exceptions-the largest business in Great Britain . Indeed , I believe I may safely say , that in the extent of its Annual Transactions in Life Assurance it is now the third , if not the second office in the U orld . Other institutions , established at an earlier period than the Standard may have alarger accumulation of past business , but few institutions for Life Assurance enjoy so great an amount , of public favour , and , estimated by the amount of its annual business , the Standa . d holds the highest position m Scotland . Ibis is certainly a proud position ; but , at the same time , it leads to the anxiety I may say ambition , to do still more , and I see no reason > vhv the Standard should not yet occupy the first place . " -The result of our l ; u-t five years' transacinns will form the subject of a report to be submitted to a Special General Meeting of the Company , which will be called for the purpose in the course of a few weeks . Though the precise results are not as yet ascertained , it is certain they will and must be of a gratifying character lonkin " to the general results of the business during the five vears embraced by the present investigation . One thin ^ , as a Member of the Investigation Committee , I can a = sure ,., of — that the valuation is made on approved and sure data , and that not one fa « thing of profit will be distributed which is not demonstrated to exist , while the profits of luture years , are not tn anv extent whatever anticipated or encroached upon . " The details of the results of our transactions tor the last rear , and comparative results at different periods of the history of the Company , will be submitted for your consideration , and will confirm the remarks which I have m . de . The state ol Hie whole- affairs you will find to be in a most satisfactory condition ; and in short , in every department we have to congratulate mir-Helvei that we :. re doing , not only a very extensive but a very successful and increasing business . " Various statement * , showing tho progress of the Institution Pince- its commencement , and the satisfactory result ot the business during the past year , were then submitted to the meeting . It appeared— . Tint 891 New Policies had been issued by the Company during tin- yc-ir ending l !) th November , 1850 , SGI for Assurances , and : " JO for other transactions . That the New Assurances during that period amounted to _ 5 () 9 ' 47 10 s . ( id ., yielding New Premiums to the amount ol . 117 * 550 Ms . !> d . . That the number of proposals made to the Company during tin-same pci iod was lOofi , of which H 01 were accepted , and 2115 decline . I ,- -the whole sum proposed for Assurance being Tbata ' vfiy larjc addition had been made to the Funds of the Company , and that the directors w .-re still enabled to maintain a hi"h rate of interest on their investments , which aie almost , entirely secured on Land or on Government Se-Ah the balance »> f the Company ' s books at 15 th November , 18 f > 0 closed the period of live yenis since last division of prolits , extruding from 15 th November , 1 K 15 , to 15 th November . 18 . 0 , the directors drew particular attention in then lteport . to the imigronH of the Company during that period , and the toll .. wing faotn wen ; stated in evidence of the rapid advance ot the Coinpuuv '* business : — That the number of proposals lor Assurance made to the Company during tho period wen : l . ttjl ) , for A . sbiiraneeH to the amount of X 2 , TM ^ - > *»¦ f > d . Tlrtt of this inimbiii , ; M . 'l 0 proposals Ii . r Assuraiicen to the amount of „ J . Mfi . Ol I IJs . ' . Id ., h . td been iuo . ptcd , and <) Jl , for Assurances to the amount , of X"V . ) 1 , W ;{ Us . Kd ., < «! c . line-d . Tbiit the New PreiniuuiH on buiiim-ss trimsacled < liiriug the period ' have amounted <> " an avi rage to about . f I 1 , 700 per tiimum , or X' 7 . ' $ , 4 H 0 l . Ss . in "II of n . rw premiums , from lHl . > to That the actual expi'iiH ^ . s of conducting the busincHS have not iiicrcascd during the pci iod , and arc c . oiisei | iiei . t . ly a much oumller per centage on the revenin ; than in IKI 5 . That the ; Revenue of the Company is X"H >' . » , K > I K . s . Id . pel auniiin . A report made to the Hoard of Directors by Charles 1 ' ciunon , Fko tlir Company ' s Auditor , after examination of the yearly account s , was then read , from which the lolJowmg i « an t " ' nic reporter after a canfiil examination of the vurioim canh-booUu and " jom' . ala . and the rehttive canh and u « .. n .-y voii . Iicih and l > i « n " k piiHH-bookH . hn « much HutiHliictH > n in Hlatmitint be has found the whole accurately . ttated Mid vouched ; and that the book , aro kei't i » U » e in «» -t diHtinct iiwni . n— .. point of much importance in a biiHlucHri involving tranHucUoiiM uoniuncrouH and of such magnitude . i , 1 | (> llllv " Th « reporter doc not thliili it . ucc « - « HUiy lo « mter into any detail iii re-ard to the mil isludory P' ogress ol 1 ho Com |» anv H b ., » in .-H ll , a . r that will \» : exhibited in l . lir viirioiiM M-porl .- ' « " < Ht ,, f .,... o | M p ,.. p .. rrd hh usual by the MuuMifiir ; unit !•« will im-rc'lyadd ilml . ! ho ivholr . busim-MM ol t he Company contiii . K h to be conducted with ihu iit . inoHt iv « ulurit . y and elllciency . Thr vaiioiiH reiiorl . H nibmitted were approved ot , and Mie meeting express . ( I entire HutiHluetion with the progreMH and l > onition of the Company . yVfl . ii th « election of iK-w din ; c ( oiH hi room of lhoH <> retiring , the ( iHtiiblirthmrnt for thu e-. iiauinjf year w . m declined to be an follows : —

      Ad02013

      GOVERNOR . His Grace the Duke of Buccleuchand Queensberry . DEPDT V-GOVKRNOR . rA \ x \ p The Kight Honourable the Earl of Elgin and Kincardine . ORDINARY DIRECTORS . Charles Pearson , Esq ., Accountant , 128 , George-street . James Condie , Esq ., Perth . . James Robertson , Esq ., W . S ., 11 , Henot-row . lamps ? Hav E « a Merchant , Leitn . Ge ^ e Moir Esq . Advocate , 41 , Charlotte-square . ! £ ? -A kss ^^^^ - Thomas Graham Murray , Esq ., W . S ., 4 , Glenfinlas-stieet . Alexander James Russell , Esq ., C . S ., 9 , Shan ^ ™ et plaCG * William Moncrieff , Esq ., Accountant , George-Otreet . LONDON . CHAIRMAN OF THE BOARDThe Iti ° -ht Honourable the Earl of Aberdeen . " ORDINARY DIRECTORS . Alp ^ ander Gillespie , Esq .. 3 , Billiter-court . A Macg ? egor , E ? q ., 31 , Chester-street , Grosvenor-place . John Scott , Esq ., 4 , Hyde-park-street . John Plowes , Esq ., 64 , Old Broad-street . F Le Breton , Esq ., 3 , Crosby-square . John Lindsay . E-q ., Laurence Pountney-Iane . Thomas H . Brookinsr , Esq ., Alderman s-walk . London Office , 82 , King Wilham-street . A vote of thanks was presented to the Boards of Direction in Edinburgh 2 d London ' , to the Local Boards , tc-the M «« ger and oth ? r officerB of the Company , after which the meetin D separated . ^^ ^ f ^ DirectorS ) WILL THUS . THOMSON , Manager . PETER EWART , Resident Secretary . A «; PTTTAT GENERAL MEETING of the COMPANY will beiJd ^ n ^ tw wJeks , to receive the Report of Je Rector , on the Investigation of the Company ' s atfairs , and division ol profits . London . 82 . Kin ? William-street .

      Ad02011

      A LBION LIFK ° INSURANC E COMPANY , ___ LONDON . Instituted in 1805 . DIRECTORS . JOHN HAMPDEN GLEDSTAN ES , Esq ., Chairman . CHARLES RUSSELL , Esq ., Deputy Chairman . Thomas Starling Benson , Esq Thomas William Clinton . Mur-James W . Bosanquet , Esq . dock , Es < j-Frederick Burmcster , Esq . David Uiddall Roper , Jisq . John Conin-ham , Esq . Edward Stewart , Lsq . Frederick D . Danvers , Esq . Francis Wilson , Ksq . At the last Division of Profits ( 1849 ) , every policy-holder insured upon the Participating Scale of Premium became entitled to a return of one-fifth of all the premium he had pud . either in the form of an immediate Cash payment , or by Augmentation ol the Sum Insured , or Kediiction of the futur- Premium . Hie next flivi « ion will take place in 1853 , when every Policy eftectetl on or before 30 th April next will entitle the holder to a larger share of the divisible sui plus than if effected after that date Amorist other advantages secured to policy-holdeis in tins Company are—a low rate of premium at the younsrer ages ; the payment of the snin insured at the end of thirty days alter proot of death ; and the liberty of residing in many parts of North America , the Cape , New Zealand , and Australia , without any extra charge except for Sea-iisk . For Forms ol Proposal , Prospectuses , & c , apply to any ot tlie Company ' s Agents , or to John i . e Capi'Ei . ain , 1 ' Actuary and Secretary .

      Ad02010

      rp II AFALGAR I . I V K A S S U Jt A N Ch J ASSOCIATION . OFFICES : ^ 0 , PALL- ^ ALL , LONDON . This Association has been established for the purpose of provi-linir ANNUITIES TO THE SHARK AND POLICYHOLDERS , in the event , of pecuniary misfortune , innnpacity , or old i » u re ; which arenot liable to forfeiture incases of Bankruptcy , Insolvency , or failure of any description—and also SECURING EDUCATION , Al ' lMtENTlCESH IV FEES , OR ENDOWMENTS TO TI 1 K 1 R CHILDREN . Detailed Prospectuses , containing- the names and addresses of the 8 finreholdern , ratcn of prfiniiiin , an explanation of tin ! syatein now originated , together with useful information and statistics ri'spcctini , ' Life Assurance , may be had on application at the ofllr . CH . Combination PolicieH , payable in the ' event of casualties of any kind totally disabling tho AsHiired , or death , ar « i-nued at imnlerate rates . 'This important addition to the principle of AssiiranciMli-servcH the neriotis attention of jicruoiiB in all position !) (< flif .-. liimu-diatc . uxl deferred Annuit . ieR are granted . All policies indisputable , whereby the power on the part (> r the olUce in rehisitin-r a claim under any c . irc . umstauct ) whatever is removed . . . Loans are elfected on personal and other Kceiiritioa in connection -with Life Assurance . I ' lu-lien desirous ol becoming A ^ ent . n or Medical Itef . ireea an ; rc < i ( it *« ted to communicate with the Secretary . liy order of the Hoard , Thomas II . IIavi . IH , ItcHideut Munnircr and Hcci'etary .

      Ad02009

      M KTItOI'Ol . lTAN COUNTIES and CF . NKKAL l . ll'K ASStJKANCK KOC 1 KTY , 27 , lte ^ ent-Htrcet , Waterloo-place , London . Dl HKOTOItH . Hiimuel Driver , Kwi | . ThoinaH I . ittledale . Khcj . . Icilni ( hiftith Frilh , Knfl . Edward Lonuix . IOsi | . Henry l ' clcr Fidler , Kn <| - Hamuel Miller , Kh « j . Jolin ' l ' idk ( Jrillin , lv < i | . I ' d ' . vuid Vannittait Neule , I ' . k < j . 1 ' i-ler II I , Khi | . Sir TIioiii . ih N . ltccvc . Ca |» t . Hon . < J . F . Hothain , lt . N . William Htudley , Khij . l . ifti AH ^ urauceM , AmmitieH , and KiidowinenlH . Tin cc-fouvt hn < if prolitH dixiih-d anion ^ ul . 1 . 1 m hhhuiv ( I . — I'l ( i : i [) C ( ' 1 iiki-h , pout free , on application . I ' . Fkiiu ijson Ca bi koiix , rtl . -j mi «< -r .

      Ad02008

      riMIK I'RATERNAI , DEMOCRATS' SOIKKK JL in Commemoration of the Itirtluhiy of A ] A X I M I LI A N HOJJKsl'l Kit It K . will tiikc place- in the Lilnrury sm < l I-Scientlfic liiMi . itut . ion , John-Btrcut , Toltinhuin-com t-roiid , on TIIKHDAY K V KN 1 N ( i , April H , ut liulf-p : iHl . HiK o'clock . TicketH . 1 m . « -iicli , to hi ! hud of <« . . hi linn Mari . ey , < l , IJruiiH * vick-roiid , ( lueeii ' ii-mjuirc . 1 < I < Mini Hbnry ; Mi . I ' .. Trutilove , . Iohu-Hl . r « ret Instil iit . ion ; and Mr . Wntmin , . 't , ( lucon'H HiMid-paimiin -i ) , I ' lilei-noHtrr-ntw . AdmiHitioii ulivr Tt'it . iil Ki ^ ht o ' clock to tho body of l . lio Hull , : td . ; to ( lie ( jnllery , 4 d . A iiuinbor of lending I ) ci ) iocintH , Itritiidi and ConUiiontal , will talte purl , in the proceeding of the evrniiif , ' . • * Tin : prolltH ui ihiii ^ ' from the Hoirf'ii will bti dev « itt : d to tin 1 uHaiHtuncc < if t . lm l'oliuh RnfutfeDH at . Liverpool . JOHN I'KTTIK , H « -c , n ; tury .

      Ad02007

      _ __ ¦ — . ¦>¦ . ^» - » -r * -r Tr » -n -rt / - » T > 1 l T A __ r" \ f"iT A TTA \ T NATIONAL REFORM ASSOCIATION SOIREES . The third MONTHLY SOIREE for 1851 will be held at the LONDON TAVERN , on MONDAY , the 7 th of Aoril at six o ' clock , when EDWARD MIALL , Esq ., win deliver a LECTURE on THE FRANCHISE , AS AN INSTRUMENT OF THE PEOPLE'S TRAINING . " The Chair will be taken bv Sir JOSHUA WALMSLEY , M . P ., the President , at Seven o ' clock . Tea and Coffee will be served on admission . To avoid disappointment , members are requested to make early application for tickets at the rooms of the association , 11 Poultry , « rice Is each The Fourth Soiree will be on Wednesday , May ?[ when Mr C . J . BUNTING , of . NORWICH , will deliver _ T ECTURB The lectures are published as early as possible , and mav be had of all Booksellers . Those delivered by Mr . HUME , M P and Mr FOX M . P ., have been issued . Hy order of the Council , Z . I 1 UBBEliSTY , Secretary . March 26 . 1851 .

      Ad02006

      LONDON CO-OPERATIVE STOKE , in connection with the Society for Promoting Working Men ' s Association , 76 , Charlotte-street . Fiizroy-square . The London Central Cooperative Agency ha 3 now completed its arrangements for transacting the wholegale business of the various cooperative stores . . The books of the agency will be open at all times for the inspection of its customers , and thus the best guarantee will be furnished for honest dealing . Original packages will be sent whenever the order will admit of it , so that the first cost of the goods may be ascertained by inspecting the invoices . All "oods are purchased at the first markets for ready money . Address , Lloyd Jones , Manager , 76 , Charlotte-street , Fitzroysquare .

      Ad02005

      ~ " PRIVATE TUITION . MR . J . SIBREE , M . A . ( of the University of London ) , wishes to take ONE or TWO PUPILS , to educate with the Sons of a Gentleman Tending in the neighbourhood of Stroud . The course of instruction will comprise all the branches of a complete Classical and Mathematical Education ( including German and French ) , such as is required in preparing for a Professional Life , or for entering the Universities . The house Mr . S . occupies is in a heabhy and pleasant situation in one of the most agreeable districts in England . Terms £ 1 ( 10 per Annum . The Upper Grange , near Stroud , Gloucestershire . Inferences to 8 . S . Marling , E ^ q ., Ebley , Gloucestershire .

      Ad02004

      THE QUEEN'S PARASOL , registered by THOMAS EVANS and CO ., Feb . 19 , 1851 , is the most eleo-ant style ever produced . To be had of all Drapers and WholesaWIonses ; also at the Manufactory , No . 10 , WOODSTREET , C 11 EAPS 1 DK , LONDON .

      Ad02003

      El'ROPOLITAN ami PROVINCIAL JOINT-STOCK BREWERY COMPANY . ( Registered Provisionally pursuant to 7 and 8 Vic , cap . 110 . ) The Directors of this Company are proceeding with a , n AU . OTMKNT of SHARES . Prospectuses and every information may be obtained at the Temporary Offices , Eldon-chambers , Devereux-court , Temple . CHARLES HENRY KDMAN DS , Sec ^

      Ad02002

      ~ r \/| ETROPOlTtAN ASSOCIATION FOR ixl IMPROVING THE DWELLINGS Ol' THE INDUri-TiUOUS CLASSES . Capital £ 100 , 000 , in shares of £ 25 each . With Power to Increase the Same . Liability of the Shareholders Limited by Iloyal Charter to the Amount of their respective Share ? , and the rate of Dividend to 5 per Cent . diukctous . Chairman—Sir ltalph Howard , Bart ., M . P . Deputy Chairman—John William Tottie , Ksq . Price Prichard Baly , Ksq . William Ksterton Hnuuurd , Esq . The Right Hon . the Karl of Kdwin Hill , Esq . Carlisle . Lord Claud Hamilton , M . P . The Right Hon . Viscount James Kcmplay , Ksq . Ebrington , M . P . lluson Morris , Esq . Williaui KUiec , Ksq . Thomas S . Smith , Ksq ., M . D . Edward Enfield , Ksq . William Arthur Wilkinson , Ksq . Thomas Field Gibson , Esq . Horace Wilkinson , K « q . The Right Hon . Lord . Robert Frederick 1 ) . ( Joldsinid , Esq . Grosvenor , M . P . 1 'lie Right Hon . Lord Haddo . AUlHTOltH . John Finlaison , Esq . | Edward Hurry , Esq . DANK . I ? US . Messrs . Barclay , Bevau , Tritton , and Co . Hi ' . uuiiTAuy . Charles Gatliff , Esq ., 19 , Colemun-atreet , London . FORMATION OF BRANCH ASSOCIATIONS . This Association haa obtained a Supplemental Charter , dated the 10 th of December , lb ") 0 , whereby , in addition to the powers granted by their o > i >> inal Charter , ( , " Power in granted to r : » ine a capital , to be called ' Ine Provincial Fund , ' not exci- < - ( liii £ ON K M ILLION Sterling for th « i purpose of providing , liy the alteration ot existing RuildiugH , or the erection of now Buildings , more commodious or healthy Lodgings or Dwelling lor the InduatrioiiH Classen in any Provincial Towns or Districts . Provinciiil Capital may l > c raised < m request of Twenty Householders , rat . ed to the Poor in the District . Provinciiil Shaicholdcru entitled to Profits , or liable to Lophch , on the DiH'rict Fund to which I hey ( subscribe , Heparately iroin any other Funds of the Association . May ap )) oiut District Committed . .,. Applications to be made to Mr . Charles Gatliff , Secretary . > , (' oli'inaii-ni i ret , London . l'OHM OK AI'l'I . lCATlON I'Oll A 1 'PO H'l'I ON M KNT OV HHAUU S - . To tin- Director * of the Metropolitan AKHociutioii for Improving the I ) w < llingH of the fuduHtiiouf ) Chinned . My I . okIh and (• entleinen , . .... . j We , the iiiidcrHlgned , HoUKcho KteiH ' Ah the case may be . j riUj ;(| ((> Ui ( . ,, £ ,,. , - , „ , ( . T ,, wii . PariHh , or District ) of do hereby request . I . ln » - you xvill uppropi iate the Hum of X In . " /" i ' . of X " i !"> each in Hit ; Mel lopnlil an Association /" or Improving ¦ tli " Dwelling" of the Industrious CIjuhuh , and call and diHtina 1111 " tho Hitme hh the DlHlricL HharcH . Dated this day of 1 Hf > .

      Ad02001

      r | M ) OTHAt ; ilK 1 'RKVKNTKI ) l » y lisi"tf I IIIIANDK'H KNAMKI , for ullintf doeuying " Tenth , ""' rendering them hoiiikI mid puiiilenH . Prieo !«• I ' . n «» K " . '" j Mcvcral Teeth . The only mihnt ; uic « i approved l > y Hi" medley family , : i « hein ^ unattended with pain or dimmer , arid th <> | . " ollt . v * h of which me permanent . i | Hold l . y h'I <; li « miM » H in the United Kingdom . ' I . ' '"" ' . . ' , ' i , n * millioi i / . ed 'I ' mhI iiiioiiiuln uceompuny each I ) ox , xvit . li full dn eel ' , ' forum-. Sent , lire , by return () f j , i > Ht . l > y . 1 . WlM'l ^ , I'l ' ' 1 ' HTRKK I ' , London , in i < -l . uiii for thirteen piiimy HtiunpH . CAUTION . Tin- jfri-iil . mwx .-nh of this pi epll"lUml > l ! lH . ' ~ duecd iiuiiutohh unskilful imthoiih to produce Hpuiioim null'j - tionu , und to copy Ki-uiiiIu ' h Kimmol ailvurtUciHuntH . It ' '"! ' " ful , therefore , to jfiiurd ii ^ uiiiHt hiwIi impositions by « e"i » ff lllllL the ilium ; of " John VVillin" ucco mpunlcH ruch pacUot .

  • Citation
    • Leader (1850-1860), March 29, 1851, page 20, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/cld_29031851/page/20/