« AnteriorContinuar »
BRITISH EQUITABLE ASSURANCE COMPANY,
47 & 48, KING WILLIAM STREET,
LONDON BRIDGE, LONDON, E.C.
Ar the THIRD ANNUAL GENERAL MEETING, held on THURSDAY, MARCH 18th, 1858, at the Chief Offices, the following Report was unanimously adopted :
1.-It has hitherto been usual for Life Assurance Companies to make their first division of profit at the end of five, seven, or ten years. The success of the BRITISH EQUITABLE ASSURANCE COMPANY justifies this step at the end of the third year,
2.-3,196 Policy holders have had Policies granted, assuring £507,060. The yearly average of new business has thus amounted to 1,065 new Policies, assuring £169,020.
3.– The Annual Income of the Company from all sources estimated for the year 1858 at £18,000.
4.—The total payments of deaths has been only £2,813 Os. 10d, The sum paid has in some cases rescued families from destitution, and in all affordi d most seasonable relief.
5.—The mortality experienced is only one-third of that provided for by the rates of the Company's premiums, and has been more than covered by the premiums received on Policies which have terminated.
6.-It will be seen by the result of the valuation of the Company's affairs, that after providing for all benefits granted under the Company's Policies, and after reserving an adequate portion of the future premiums to cover future expenses of management, there remains a surplus of £5,191 16s. 11d., of which £5,091 16s. 11d., arising from participating business, belongs to the mutual Policy holders, and £100 arising from the non-participating business belongs to the Shareholders.
7. It is recommended that a reversionary bonus of 15 per cent. per annum be declared on all Policies for the whole of Life dated on or before December 31st, 1855, and on other business entitled to participate in proportion, and the remainder be carried to the next division of profits. Those participating Policies not entitled to participate in this division, and being entitled to participate in the next division of profits, will then take their profits from the date of entry.
8.- Also that the premiums received on the original shares, with interest thereon, and the £100 profit son the non-participating business, be capitalized, and that ls. 4d. per share per annum be paid in addition to the original interest on each original share. This will say the foundation for an increased dividend at future triennial periods.
9.—The growth of the Company's business having necessitated increased accommodation, and the adjoining house having been offered to the Company on eligible terms, it has been judged advisable to extend the Company's Premises by this means, rather than to seek larger Premises elsewhere, and thus
relinquish so commanding a situation. 10.- The Agency of the Company is becoming more and more efficient.
11.—The lives assured have been selected with care, and a high rate of longevity may be expected.
12.—The Mortgage Securities of the Company are upon house property of adequate value, and the deeds have been examined by the Auditors.
13.- The Directors earnestly request the hearty co-operation of all connected with the Company during the next triennial period, convinced that thereby a large accession of business will take place, and the profits of the next division in 1861 will be still more satisfactory.
Specimen of Profits on Policies Three Years in force. Age Sum Total Premium Paid Bonus Secured at Death Bonus, per cent. of Premn. 21
£58 8s. 6d £45 Os. Od. £1045 0s. Od.
60 Annual Premiums to Assure a Sum of Money at Death, with Profits. Age. | To Assure £100 | To Assure £250 To Assure £500 | To Assurs £1,000 £ 8. d.
d. 30 2 90 6 2 5 12 4 10
24 98 40 3 6 0 8 4 10 16 9 8
32 19 4 50 4 14 3 11 15 6 23 10 11
47 1 10 Assurances effected daily at the Head and Branch Offices or by Correspondence. A Prospectus and Proposal Form sent on receipt of four postage stamps. There are still some uurepresented districts for which applications for Agencies will be entertained
PAGE I. READE'S POETICAL WORKS
• 397 II, CHRISTIANITY IN RELATION TO ECONOMICAL SCIENCE - 415 IIL, TOM BROWN'S SCHOOL DAYS
• 422 IV. PLOTINUS AND THE NEO-PLATONISTS
· 433 V. THE FUTURE GOVERNMENT OF INDIA
443 VI. A LEGEND OF COLOGNE
• 457 VII. SCRIPTURE AND SCIENCE
. 461 VIII. THE BOOK FOR EVERY LAND
· 466 QUARTERLY REVIEW OF AMERICAN LITERATURE
469 BRIEF NOTICES OF NEW BOOKS
• 476 1. Posteriana. 2. Anastasia 3. A Cyclopædia of the Natural Sciences. 4. The Most Holy Book of Psalms. 5. Memoir of the Rev, Samuel Nicholson. 6. Sunday Sunshine. 7. Captivity of Two Russian Princesses in the Caucasus. 8. Wilson's Spas of Germany and Belgium. 9. The Poetical Works of Walter Scott, Edmond Waller, and Sir John
Denham. 10. Merope: a Tragedy. 11. The Four Sisters. MONTHLY REVIEW OF PUBLIC EVENTS
. 489 BOOKS RECEIVED .
LONDON: WARD AND CO., PATERNOSTER ROW. W. OLIPHANT AND SON, EDINBURGH: G. GALLIE, GLASGOW :
G. AND R. KING, ABERDEEN : AND J. ROBERTSON, DUBLIN.
JOUX WADDOX, PRINTER, CASTLE STREET, FINSBURY,
GODFREY'S EXTRACT OF ELDER FLOWERS Is strongly recommended for Softening, Improving, Beautifying, and Preserving the
Skin, and giving it a blooming and charming appearance. It will completely remove Tan, Sunburn, Redness, &c., and by its Balsamic and Healing qualities, render the Skin soft, pliable, and free from dryness, &c., clear it from every humour, pimple, or eruption; and by continuing its use only a short tiine, the Skin will become and continue soft and smooth, and the Complexion perfectly clear and beautiful.
Sold in Bottles, price 28. 9d., by all Medicine Vendors and Perfumers.
RUPTURES.-BY ROYAL LETTERS PATENT.
Is allowed by upwards of 200 Medical Gentlemen to be the most
Manufacturer, Mr. WHITE, 228, Piccadilly, London.
Price of a Double Truss, 31s. 6d., 428., and 52s. 6d. Postage, ls. 8d. Post-Office orders to be made payable to John WHITE, Post office, Piccadilly.
ELASTIC STOCKINGS, SOCKS, KNEE-CAPS, &c. The material of which these are made is recommended by the faculty as being peculiarly ELASTIC and COMPRESSIBLE, and the best invention for giving efficient and permanent support in all cases of EAKNESS and SWELLING of the LEGS, VÄRICOSE VEINS, SPRAINS, &c. It is porous, light in texture, and Inexpensive, and is drawn on like an ordinary stocking. Price, from 78. 6d. to 16s. each. Postage, 6d.
JOHN WHITE, MANUFACTURER, 228, PICCADILLY, LONDON.
DO YOU DOUBLE UP YOUR PERAMBULATORS? NEE T. TROTMAN'S PATENT SAFETY FOLDING AND FIRST.
SEELAST , TH
80 much in use, are folded and unfolded in a moment, and may be bung where you would hang your stick or your hat. All kinds on view.
PATENT SAFETY CARRIAGE WORKS, High Street Gate, Camden Town, N.W. 10
THE UNITED KINGDOM TEMPERANCE AND GENERAL
Annual Premiums. 4,859. £694,965.
£25,361 168. 7d. Accumulatel Capital, £200,000. Annual Income, £70,000. Consulting Actuary-PETER HARDY, Esq., F.R.S., &c.
Resident Director-W.R, BAKER, Esq. N.B. The Bonus on Life Policies has ranged from 35 to 75 per cent, on the premiums paid.
It has always been the practice of this Office, and always will be, to pay claims, which fall in during the days of grace. Policies are considered in force until the days of grace are expired.
The Annual Meeting will be held at the London Tavern, Bishopsgate Street, on Monday, 17th May, at Two o'clock.
RITISH PROTECTOR LIFE ASSURANCE COMPANY,
Incorporated under 7 & 8 Vic., cap. 110. Capital, £100,000 (fully subscribed).
New Annual Premiums.
.£2,123 19 8
..1,766 14 0
..4,552 16 4
.5,982 15 7 Liberal terms will be allowed to active Agents on application to the Secretary,
JOHN PHILLIPS. 17
KEATING'S COUGH LOZENGES. THE RESULTS OF A COLD.—The original cause of three-fourths
Pulmonary Disorders; from a neglected cough or cold arise many fatal complaints. The most agreeable and efficacious remedy is KEATING’S COUGH LOZENGES, which, taken on the first symptoms, at once alleviates and soothes the respiratory organs without having recourse to more powerful antidotes; they are adapted to the infant or most delicate female.
Prepared and Sold in Boxes, 1s. 1 d., and Tins, 2s. 9d., 4s. 6d., and 10s. 6d. each, by THOMAS KEATING, Chemist, &c., 79, St. Paul's Churchyard, London. Retail by all Druggists and Patent Medicine Vendors in the World.
THE PEN SUPERSEDED.
CULLETON'S Patent ELECTRO Plates, prevents the Ink spreading and pever washes out. By means of this invention, 1,000 pieces of Linen can be marked in one hour. Initial Plate, 18. Name Plate, 28. 6d. Set of Moveable Numbers, 29. 6d. Crest, 58. Arms, 10s. With instructions sent post free for stamps. Also Patent Lever Embossing Press, with Crest Die for stamping paper, 158. T. CULLETON, 1 & 2, Long Acre (one door from St. Martin's Lane).
Beware of Imitation.