On this page
- Adverts (9)
-
Text (1)
-
Untitled Article
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.
-
-
Transcript
-
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.
Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.
Untitled Ad
THE LONDON ASSURANCE , 1 INCORPORATED RY ROYAL CHARTER ^ of HIS MAJESTY KING GEORGE THE FIRST , A-D- 1720 . FOR LIFE , FIRE , & MARINE ASSURANCES- ^ OFFICES : — * HEAD OFFICE—No . 7 Royal Exchange , Cornh ill- c WEST END OFFICE-No . 7 , Pall Mall . £ o SATtfTET , GREGSON . Rsq . M . P . - Governor . f : JOIIV ALVES ARBUTffiSrOT , Esq . —Sub-Governor . JOHN ALEX . HANKEY , Esq . —Deputy-Governor . * ? I ! "DIRECTORS . 0 Nathaniel Alexander , Esq . G . R . Griffiths , Esq . ^ Kichard Bag ^ allav , Esq . David C Guthrie , Esq . * George Barnes , E ^ q . j Ed ward Flarnage , Esq . Henry Bonbam Bax , Esq . Louis Huth , Esq . James itlvth , Esq . William King , Esq . J . W . Borradaile , Esq . I Charles Lyall , Esq . Edward Burmester , Esq . John Ord , Esq . Charlea Crawly , Esq David Powell , Esq . William Dallas . Esq . P . F . Robertson , Esq ., M . P . Bonamy- Dobree Jun ., Esq . Alex . Trotter , Esq . Harry George Gordon , Esq . Thomas Weediner , Esq . Edwin Gower , Esq . I Lestock Peach Wilson , Esq . AOTDABT . Peter Hardy , Esq ., F . R . S . J "West End Office , No- 7 , Pall Mall- J Committee . 3 Two Members of the Court of Directors in rotation , and ^ Henry Kingscote , Esq . | John Tidd Pratt , Esq . « j Superintendent , g Philip Scoones , Esq . ( : . / ¦ ., — - " l LIFE DEPARTMENT . . 3 This Corporation has srraiited Assurances oa Lives for a . " ] period exceeding One Hundred and Thirty Years , having issued its first policy on the 7 th June , 1721 . Two thirds , or 66 per cent , of the entire profits are gireii to the Assured . t Policies may bo opened under any of tlie following plans : — At a low rate of Premium , wiihout participation in pro- j fits , or at a somewhat , higher rate , entitling the Assured , either after the first fiv * years , to an annual abatement « f t Premium for th « remainder of life , varying in amount with f the success of each year , or after payment of the first Premium to a participation in the ensuing Quinqennial Bonus . ] " SERIES 1831 . " 1 The abatement for the year 1856 , on the annual Premiums of persons wlio have been assured under " Series 1881 ' , " for five years or longer , ia upwards of 31 per cent . " SERIES 1846 . " 1 DECLARATION OP BONUS . ] Tile Governors and Directors bave to announce that the Second Quinquennial distribution of profits , under "Series 1816 , " has been completed up to the 31 st of December , 1855 , and a very satisfactory Bonus de- i Glared thereon . Such Bonus attaches to all Policies effected from tlie 1 st of January , 1846 . to 31 st December , 1865 . The following Table , jnoluding the addition made in 1850 , exhibits tlie total amount of Reversionary Bonus added to Policies of Ten Years standing . Age when Sum As- Total amount Total Per Cent on Assured . sured . of t ' remiums Bonus . Premiums paid . paid . £ £ £ £ 30 1000 253 170 C 7 . 1 40 1000 325 187 57 . 5 00 1000 4 f > 2 193 42 . 0 GO 100 D CGI 218 82 . 9 Tlio character and . stitulint ? of tliia Corporation , maintained cluruijr nearly a century and a half , guarantee to tho public nfull iiurf fultlifiil declaration of profits . The (' orporntlou bourn , tho whole expenses of Management ; thus pivinR to the A . HHurofl . conjoined with tho rf ? otootiun uiVorilcil'hy itn Corporate 3 ?\ in , d , advantages equal to thotfo ol nuy Hystcm of Mutual Assurance , Premiums » m » y ho paid Veuvly , Half-Yearly , or Quarterly . All Polioies aio iBsuod . free from Stamp Dutv , or from olmrgo pi' nuy UodorlpMon whntovor beyond tho Premium . Tho attention of the Publlo la especially culled to tho great advantages o ( r » r « MI to Life Assurors by iho Lopfiflln-Tcuro , in itHrcoont « naot . motile , by wiiioh it will be found tlutt to tho ovt .-ni . oCoiici . ^ xih of Income , Life Premiums are not subject : to Inflomo Tax-The tVcH of MoAioal ileforooa aro paid by tho Corporalion AhhuRIob uro gruntod by tho Corporation , payable Hnlf-Mvery fuoMlt . y will Im jrlvcm for the transfer or exchange ot PoIIcIuh , for l / ouurt Uiuroou , oruny ot . hurtiuitii . bto arrangement ; will ho in into fur t lio nonvoalouooof tha Assured Pr « H |« 'oiih « . H , iniil all <> i hur inlommtion , may bo obtulnod hv either u writ Ion or |> urm > iml aiipllouUon to the O / IIcoh hh above , JOHN LAUKKNC 1 S , Secretary . of 1 is of is
Untitled Ad
1 ^ ^ * c £ o f : * 0 ^*¦ J ^ « j g ( " l 3 " ] t t f ] 1 1 J 3 ROGRESS of the UNITY GENERAL XT ASSURANCE ASSOCIATION . CHIEF OFFICES , Unity-buildings , 8 and 10 , Cannon-street , City . WEST EtfD OFFICES , l . New Coventry-street , Leicester-square . It is with feelings of peculiar satisfaction the DIRECTORS of the UNITY GENERAL ASSURANCE ASSOCIATION submit the following statements respecting its progress and business during the year 1855 , commencing 1 st January , and en ling 31 st December last . It will be observed tlie amount of new business transacted daring that period produces annual premiums exceeding £ 12 390 . This is a very large result indeed , judged by the average amount of new business effected by other life offices , which varies from £ 3 , 000 to £ 5 , 000 per annum . There is but one sure test by which the progress and soundness of a life assurance institution can be judged practically —viz ., the amount of new busine-ts it secures . No other test is valuable or even useful for such purpose . Unless a life office continues year after year to obtain a large new business , it must rapidly decline and eventually cease to exist STATEMENT of New Life Business of the UNITY GENERAL ASSURANCE ASSOCIATION , from 1 st January , 1855 , to 3 lst December , 1855 : — P ^ opoTed . Business Completed . MtwTHS - ^ f ^™ £ No . of Amount Annual Pro- to P h ! Poll- Assured Premiums posals ^ ggured c ^ 8 - thereby , thereon . £ £ £ s . d . January , 1855 . 100 39 , 946 65 19 , 350 641 6 3 February , „ 130 36 , 150 101 27 , 216 8 * 5 10 4 March , „ 167 38 , < i 5 <) 141 33 , 000 913 IT 6 April , „ 147 46 , 025 118 31 , 850 958 O 3 May , „ 187 72 , 260 118 39 , 810 1 , 193 0 8 June , „ 115 < 3 , 950 105 27 , 150 809 6 8 July , „ 107 41 , 050 109 37 , ^ 50 1 , 12 >* 16 6 August , „ 123 72 , 390 103 45 , 250 1 , 998 S 10 September ,, 132 49 , 187 95 33 , 285 1 , 00310 1 October , „ 94 32 , 6 ) 0 109 37 , 122 1 , 156 18 1 November „ 129 42 , 200 98 29 , 100 l , 0 ri 6 13 6 December , „ 89 23 . 275 89 22 , 658 688 2 9 Totals . 1 , 520 £ 537 , 733 1 , 251 . £ 383 , 141 £ 12 , 393 I I 5 Thi 9 Table shows : — 1 . That irt the year 1855 , t , 25 I new Policies have been completed and paid upon . 2 . Tbat the aa »» ant assured thereby-is ^ 383 , 141 . 3 . That tne new Annual Premiums thereon amount to £ 12 , 3 j 3 Us 5 d It is very gratifying also to know that the great buli of this business is entirely free from loan operation s , as the following analysis will ahow : — Policies . Assuring . ^ ££ 1 * In connexion with Loans 89 JE 50 . 866 . £ 2 . 114 9 9 Unconnected with Loans 1 , 162 332 , 275 10 , 279 I 8 Totals 1 , 251 ; £ 3 a 3 . l 41 £ 12 , 393 11 5 Sucn are the results obtained by the Unix * General during the year 1855 They are published as facts illustrating the power and influence of its connexions , and likewise the popularity of the principles propounded by it .
Untitled Ad
i MONETARY RESOURCES OF THE UNITY GENERAL . Tlie following facts exhibit at a glance the perfect security offered by this Association to Assurers : 1 . The number of Shareholders is .. .. 2 . 037 2 . The subscribed capital is .. .. .. ^ 309 , 308 3 . The paid-up capital is £ 77 , 334 4 . The number of Policies issued is .. 3 . 413 5 . The amount assured thereby is .. £ 1 , 162 , 907 6 . The gross annual income from Premiums , including that of the TRAFALGAR LIFE ASSURANCE ASSOCIATION , now merged into the UNITY GENERAL ,, is .. .. £ 37 . 497 To have aohleved sucli a solid position ia so short a period « ind thus bo enabled to command such extensive funds , ia a success without precedent . It is attributable to many favourable circumHtancos . The olose connexion of the UNITY GBNI 5 KAL with its powerful and kindred insti tutlon , the UNI I'Y FIRE , has tended in many wnys to advance it , s career In lilte manner the UNITY GENERAL has benefited the UNITY FIRE , whilst the third Unity Association , viz ., the UNITY BANK , will bo of considerable Hfivico to the others . AH three Institutions , viz , tho UNITY ; FIRE , the UNITY GENERAL , and the UNITY BANK , although perfectly separate as regards capital , liabilities . mnniiKemont , &o , will bo conducted in the aamo buildings , and thus , whilo they feed ouch other with business , ao will tliey promote economy , power , and an extension of their connexions . THE UNITY BANK . All tlio neocsgnry capital for tho UNITY 13 ANK , amounting to . £ 300 , 000 , has been subscribed" for , wliereof £ lf ) 0 , C ) 0 O la pa | d up nnd Invested . Nor has the capital stock been uur-Btftdly allot tod to persona for speculative purposes . Tho Dlrcotorri have exorcised tho greatest cure in thia moat iinportnnt puxtitsulor , and it is very aft'tisfuctory to know tlio Slmros nro nil hold by bonu lido Shareholder !) In very small wnnbei'D Thia fact Is Illustrated hy tho circumstance thnt up to tlio proHont period there arc noarly 000 highly reapeotuiilo Sliaruholclera , whoao names and nddrossoa will shortly bo publlMhod together with an explanation of tho torum and principles on whloh the buaincHa of tho UNITY UANK will be conducted . TUo nainca of tlio various Gun ( lumen uppoiuted as Offlolnla totholSauk will also bo piibllHliuil . COMMENCEMENT OF BANKING BUSINESS . Tlio Direotors of tha Bank are not enabled to name the oxiiot . dnto on whloh tlio business will bo oominunood hi ooiitteqiivnoo of tho uuoertuinty always attending the proocediii ^ rt of tliu uuthorltlcH nt tho Boanl of Traitu . The event , hiiwovur in oIoho ut liaud , aud will bo duly nnnuuiiocd m noon aa It ia decided , It 1 h gratifying to know lliat no ( llllloully wlmiovur cxIbIh ( with tho oxoujpilon of lh « unuttl ( urntulltloH ) to tho UNITY HANK commencing onomtlonB In r very few daya . UNITY GISNKRAL BONUS IK 1 H 67 . I'lio flrat Bonus of tlw UNITV GI 2 NEUAL will bo doolivrea In th « year iar > 7 , tUerefoio ull latcuUlup ; auaurcrs
Untitled Ad
FRIENDLY himI BENEFIT SOCIETIES . DIHICCTOItHmvil MANAGKKSwhonro doalroua of mlvllnRJ ni' * ir ooohftloM hnfo through ninalnamatlon with tho "NnJtD ORDl' «< 8 PKOVIUISN'l' ASSUUANCIi ) COMl AN Y , and of Joining the Board , aro Invited to apply to the MuniKoi-. WM . ClIHi lit OTTKh , Eaq ., without dolfly , at tlw Chief OLllooB , ( 13 , PnvJl-inall . Londou .
Untitled Ad
desirous of participating are urged to make their proposals with as little delay as possible . The prospects of a laree division are very good , arising not only from the great extent of business alr-ady effected , but also from the results that may be reasonably expected from the future . Applications for forms of Proposals , Prospectuses , Agencies , and all other information , are requested to be ma . de either personally or by letter , to any of the Local Managers or Agents throughout the country , or to THOMAS H . BAYLJS , Managing Director . Unity-buildings . 8 and 10 , Cannon-street , City . Jan . 30 , 1856 .
Untitled Ad
A LLIANCE ( FRANCE and ENGLAND ) ± \ . BANK . ( Caisse de 1 'Alliance Anglo-Francaise , Societe en Commandite in Paris , with liability limited to the amount of Shares , and to be formed hereafter into a Soeiete Anonyme ) : Established for the transaction of Business at and between Paris , London , and Constantinople . Capital £ 800 , 003 , in Shares of . £ 20 each . Bankers—The Union Bank of London , Iiondon . Brokers—Messrs . Hope and Dodgson , 26 , Royal Exchange , London ; A . A . Hogbton , Esq .., Angel-oourfc , Throgmorton-street . Solicitors — Messrs . Swift and "Wagstaff , Great Georg « - street , Westminster . Standing Counsel—J . H . Lloyd . Esq ., King's Bench-walk * Temple . Secretary—Edward Greach , Esc [ - Pffices ( pro tern . ) , 31 . ThreaSneedle-street . Under the control and especial protection of the French . Government and laws , the Alliance ( France and England ) Bank will combine ^ with the great advantages thus offered a strict application of the sound principles of the above- * mentioned London banks and will supply a want which has beenlong felt , and is generally admitted . Atth <* same time it will not enter into competition with any of the « xistiag banking establishments in London , where its business will be strictly that of agency . Responsible managers and agents of high respectability , well conversant with international business and banking ; , have been secured for Paris London , and Constantinople . The shares will be of £ 20 each , payable to bearer , and without any further liability . Under the French law of limited liability , the shareholders are not required to sign any deed of settlement . Tlio capital of ^ £ 800 ^ 000 will not be increased without the authority of a General Meeting of the shareholders . It will be issued in separate series of shares , and the holders of the first series will have a preferential pro rata right to the succeeding issues . Applications for shares may be made in the annexed form , addressed to the brokers , Messrs . Hope and Ooigson , 26 , Royal Exchange , London ; and A . A . Hoethton , Esq ., 12 , Angel-court , Throgmorton-street ; -or to Edward G ^ ach , Esq ., Secretary , 31 . Threadneedle-atreet ; but no application will be entertained unless a deposit of £ l for each share applied for be previously made with the Union Bank of London , London , the bankers of the Company This deposit will be returned in the event of the application not beins acceded to : and if an allotment be made it will be applied towards the deposit of £ 5 per snare , which will be then payable . Form of Application for Shares . To the Council of the Alliance ( France and England ) Bank . Gentlemen , —I request you to allot me shares of £ 20 each in this Bank and I hereby agree to acoept the same or any less number which may be allotted to me , and to pay the deposit of ^ fift ner share allotted ; and in the event of my failure herein I hereby agree to forfeit the deposit now made with the bankers of the Company , and I authorise you to cancel the allotment . Name : —< Profession or business — Address Date
Untitled Ad
ALLIANCE ( FRANCE and ENGLAND BANK . The present issue of shares ia limited to 10 , 000 , viz ., onefonrth of tlie capital , and the holders of shares in this issue will bo entitled to pro rata allotment of the suoc ceding issues . EDWARD GEACH , Secretary . 31 , Threndixccdle-street , London .
Untitled Ad
A LLIANCE ( FRANCE . and ENGLAND ) -OL- BANK . No FURTHER APPLICATIONS for SHARES enn bo RECEIVED AX ^ TEIt MONDAY next , tlio I 8 tli liwumt . 1 SDWAKD QJGACH , Seorotary . 31 , Trendneedle-streefc , London .
Untitled Ad
A FIXED ALLOWANCE OF £ Q PER WJ 3 EK , I IN CASE OF INJURY BY ACCIDENT OF ANY » I 1 SCRIPT ION , or tho fluoi of « . I , OO 0 IN CASK OF DEATH , may bo eooured by au Annual Payment of £ -3 fova Policy in the ltAILWAY PASSICNGWHS ASSURANCE COMPANY . A weekly Allowance of Fifteen SulUlngd for Inju y , or £ 1 oo in CH 8 O of Doutli scoured by u payiaunt of Ten Slillunffa . NO CHARGE TOR STAMP DUTY . Forma of Propomil I ' roHpcotuaea , &o . may bo had of tho Agents—of tlie ( Jlorku nt nil tho principal . allway SUitlona — and nt tlta lload OHloo , London , whore also RAILWAY ACCIDENTS AX . OJSTE may bo Insured ugnlnat by the Journey or by tho year aa hurotolore . WILM 4 MJ . VJAN , Scorotary . Kallway I ' aaBongorB Insuriincc Company , Kmi > ow « rc ( 3 by a bpeolal Act of ParUumont , OtlloQu ^ » , Old Brcft l- » tro « t . London .
Untitled Article
February 16 , 1856 . ] THE LEADER , j [ g j
-
-
Citation
-
Leader (1850-1860), Feb. 16, 1856, page 167, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/vm2-ncseproduct2128/page/23/
-