Imágenes de páginas
PDF
EPUB

BRITISH EQUITABLE ASSURANCE COMPANY,

47 & 48, KING WILLIAM STREET,
LONDON BRIDGE, LONDON, E.C.

AT 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 afforded 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 14 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 1s. 4d. per share per annum be paid in addition to the original interest on each original share. This will lay 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

21

£1000

[blocks in formation]

£58 8s. 6d.
86 14s. 6d.

Annual Premiums to

£45 0s. Od.
22 10s. Od.
Assure a Sum of

Secured at Death | Bonus, per cent. of Prem. £1045 0s. Od.

77

[blocks in formation]
[merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]
[ocr errors][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]

II. CHRISTIANITY IN RELATION TO ECONOMICAL SCIENCE - 415
III. TOM BROWN'S SCHOOL DAYS

IV. PLOTINUS AND THE NEO-PLATONISTS

V. THE FUTURE GOVERNMENT OF INDIA

VI. A LEGEND OF COLOGNE

VII. SCRIPTURE AND SCIENCE

VIII. THE BOOK FOR EVERY LAND

QUARTERLY REVIEW OF AMERICAN LITERATURE

BRIEF NOTICES OF NEW BOOKS

[ocr errors]

422 - 433

443

- 457

- 461

- 466

- 469

- 476

1. Fosteriana. 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 BOOKS RECEIVED

- 489

[ocr errors]

. 492

LONDON:

WARD AND CO., PATERNOSTER ROW.

W. OLIPHANT AND SON, EDINBURGH: G. GALLIE, GLASGOW:
G. AND E. KING, ABERDEEN: AND J. ROBERTSON, DUBLIN.

JOHN HADDON, PRINTER, QASTLE 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 time, 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.

[graphic][subsumed][merged small][merged small]

WHITE'S

MOC-MAIN LEVER TRUSS

Is allowed by upwards of 200 Medical Gentlemen to be the most effective invention in the curative treatment of HERNIA. The use of a steel spring, so often hurtful in its effects, is here avoided; a soft bandage being worn round the body, while the requisite resisting power is supplied by the MOC-MAIN PAD and PATENT LEVER, fitting with so much ease and closeness that it cannot be detected, and may be worn during sleep. A descriptive circular may be had, and the Truss (which cannot fail to fit) forwarded by post, on the circumference of the body two inches below the hips being sent to the

Manufacturer, Mr. WHITE, 228, Piccadilly, London.

Price of a Single Truss, 16s., 21s., 26s. 6d., and 31s. 6d. Postage, 1s. Price of a Double Truss, 31s. 6d., 428., and 52s. 6d. Postage, 1s. 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 WEAKNESS and SWELLING of the LEGS, VARICOSE VEINS, SPRAINS, &c. It is porous, light in texture, and inexpensive, and is drawn on like an ordinary stocking. Price, from 7s. 6d. to 16s. each. Postage, 6d.

SEE

JOHN WHITE, MANUFACTURER, 228, PICCADILLY, LONDON.

DO YOU DOUBLE UP YOUR PERAMBULATORS?

EE T. TROTMAN'S PATENT SAFETY FOLDING AND FIRSTCLASS PERAMBULATORS, of all kinds. The New Patent Perambulators, so much in use, are folded and unfolded in a moment, and may be hung 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

HE UNITED KINGDOM TEMPERANCE AND GENERAL PROVIDENT INSTITUTION.

1, ADELAIDE PLACE, LONDON BRIDGE, LONDON.

Established 1840.

Upwards of 16,000 Policies have been issued, and during the last two years nearly 5,000 New Members have joined the Society.

Business from 1st of January, 1856, to 1st of January, 1858:

Policies Issued.
4,859.

Sums Assured.
£694,965.

Annual Premiums. £25,361 168. 7d.

Accumulated 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. 18

RITISH PROTECTOR

BR

[blocks in formation]

Incorporated under 7 & 8 Vic., cap. 110. Capital, £100,000 (fully subscribed). Chief Office- 27, New Bridge Street, Blackfriars, London.

The following is a statement of the progressive Annual Business of the Company:

[blocks in formation]

Liberal terms will be allowed to active Agents on application to the Secretary,

THE

JOHN PHILLIPS. 17

KEATING'S COUGH LOZENGES.

HE RESULTS OF A COLD.-The original cause of three-fourths of the diseases peculiar to the English climate, and the foundation of all 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. 1d., 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.

M

THE PEN SUPERSEDED.

ARKING LINEN, SILK, COTTON, BOOKS, &c., with CULLETON'S PATENT ELECTRO PLATES, prevents the Ink spreading and never washes out. By means of this invention, 1,000 pieces of Linen can be marked in one hour. Initial Plate, 1s. Name Plate, 2s. 6d. Set of Moveable Numbers, 2s. 6d. Crest, 58. Arms, 10s. With instructions sent post free for stamps. Also Patent Lever Embossing Press, with Crest Die for stamping paper, 15s.

T. CULLETON, 1 & 2, Long Acre (one door from St. Martin's Lane).

Beware of Imitation.

DIVISION OF PROFITS.

QUITABLE

BRITISH

·ASSURANCE

[graphic]

COMPANY

47 & 48, KING WILLIAM ST., LONDON BRIDGE, E. C..

A the THIRD ANNUAL GENERAL MEETING held on THURSDAY, MARCH 18th, 1858, at the Chie Offices, the following Report was unanimously adopted :

1.-It has hitherto been usual for Life Assurance Companies to make their first division of profit 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.-3196 policy holders have had Policies granted, assuring £507.060. The yearly average new business has thus amounted to 1065 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 cas rescued families from destitution, and in all afforded most seasonable relief.

5.- The mortality experienced is only one-third of that provided for by the rates of the Company premiums, and has been more than covered by the premiums received on Policies which have termi nated.

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 the future premiums to cover future expenses of management, there remains a surplus of £5191 16s 11d, of which £5091 16s. 11d., arising from participating business, belongs to the mutual Policy bolders, and £100 arising from the non-participating business belongs to the Shareholders. 7.-It is recommended that a reversionary bonus of 13 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 par ticipate in proportion, and the remainder be carried to the next division of profits. Those participat ing 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 profits on the non-participating business, be capitalized, and that 1s. 4d. per share per annum be paid in addition to the original interest on each original share. This will lay 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.

Specimen of Profits, on Policies Three Years in force.

[graphic]
[graphic]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
« AnteriorContinuar »