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Untitled Article
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PATENT DERRICK COMPANY
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Untitled Article
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Untitled Article
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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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Untitled Ad
( Limited ) . Offices-2 ! r , CORNH ILL , LONDON . Capita ] , 100 , 000 ? . In Two Thousand Shares of 501 . each . DIRECTORS . W . E . DuranfcCuintriing , Esq ., Lloyd ' s . Thomas Moxon . Esq ., 29 , Throermorton street . Joseph R . Croskey , Esq ., 84 , King William-street . City . Captain M . J . Currie , ll . N ., Yemon-terrace , Brighton . William Barter , Esq ., 12 , Lanfjbourn-chambers , Fenchurch-. street . Lewis Hope , Esq ., 4 , 'Bisliopsgate-churchyard . Captain Janies Rawstorne , R . N ., Abingdon-villas , Kensmg-Albert D . Bishop , Esq ., 9 , South-crescent , Bedford-square . Soxiciiolt—Charles Walton , Esq ., 30 , Bucklersbury . Bankers — London and Westminster Bank , Lothbury , London . This Company ' s Derricks are eminently adapted , by their great power , to raising sunken and recovering stranded vessels . . ' .,.... _' The average number of Wrecks upon our coasts , alpne , exceeds 1000 annually , comprising upwards of ISOjOOO tons of shipping and steamers .. The estimated value of tinsjoss , taken at 151 . per ton for vessels and cargoes , amounts to 2 i millions sterling . A large proportion of these vessels may . , be recovered by the Patent Floating Derricks , at a guaranteed rate of salvage , ranging between 25 and 75 per cent . An agreement lias been entered into with the Marine Insurance Companies , and Underwriters of London and Liverpool , which secures to this Company 75 per cent , of the net salvage proceeds ( after deducting working expenses ) from all vessels ! and cargoes , sunk prior to the date of the agreement , that ! jnay bo recovered uy means of the Patent Floating Derricks . In the United States , two of theso machines , belonging to the New York Derrick Company , have raised and saved over 400 vessels . This Company commenced by paying its shareholders half-yearly dividends of 10 per cent . ; but , since ;¦ ' July , 1857 , has regularly paid quarterly dividends of the like amount . The Directors of the Patent Derrick Company and their friends have taken and paid up in full , shares to the extent of 40 , 000 ^ ., in order v to construct , and submit to the Public , ' one river and one sea-going Derrick ( recently launched ) , ' prior to soliciting co-operation towards the highly important and promising ontcrprisu for which the Company lias fcocn established . The Directors arc now issuing to tho Public further Shares of 50 J . each in tho Capital Stock of tho Company to the extent of 20 , 000 / , These Shares are required to be paid as follows : — 10 J , per Share , on Application , and tho remainder by Calls of 10 J . eaoh , at intervals of one Bloiitli between each Call . Forms of Application for Shares , and Prospectuses , may bo obtained at tho Offices of the Patent Derrick Company . ' 27 , Cornhill , London , B . C . Q . J . SHARP , Sec .
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i m p eTrTa ' l LIFE INSURANCE COMPANY , 11 , OLD BItOAD STREET , LONDON . Instituted 1820 . DiKKCTona . MARTIN TUCKER SMITH , Esq ., M . P ., Chairman . GEORGE WILLIAM COTTAM , Esq ., Doputy . Chairman . Thomas Goorgo Barolny , Esq .. George Hibhort , Ksq . Jamos O . 0 . Boll , Esq . Saumol Hibbort , Esq . James Brand , Esq . Daniel Mlldrod , Esq . Oharlos Cave , Esq . Thomas Newman Hunt , Esq . George Henry Cutler , Esq . Frederick Pattlson , Esq . Honry Davidson , Esq . William R . Robinson . Esq . Goorgo Flold , Esq . Newman Smith , Esq . SECURITY . ~ Tho oxistlng liabilities of tho Company do not oxceod 3 , 000 , 000 * . I'lio Investments aro noarly 1 , 000 , 0002 ., in addition to upwards of 600 , 0002 . for which tho shareholders aro roapoiiBiblo , and tho income Is about 120 0002 . por annum . PROFITS . —Foim-PuTns , or Eighty por cent , of tho Profits , aro assigned to l ' oliolos ovory fifth your . Tho next appropriation will bo made hi 1801 , and persons who now ; olloofc insurances will participate ratably . BONUS . —Tho additions to Policies havo boon from If . 10 a . to U ' iL 10 b . por cout , on tho original ^ uma insured . CLAIMS . —Upwards of 1 . 2 BO . O 0 O 2 . has boen paid to ; , claimants under policies , ¦ PronosalH for lusumuoos may bo inado at the ehlof oflloo aa abovo ( at tho branch onloo , 10 , Pall Mall , London i or to any of the ngonta throughout tho hiuguom . SAIUVJUL" 1 NGALL , Actuary ,
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FIDELITY GUARANTEE . ALBERT LIFE ASSURANCE AND GUARANTEE COMPANY . Established 1 S 3 S . This Company grants policies of guarantee for the intcrit-y of managers , secretaries , agents , commercial travellers , clerks , and others in positions of trust , at moderate rates . Every description of life assurance . Chief office , 11 , Waterloo-place , Pall-mall , S . W . ; branch , office , 63 , Moorgatc-street , E . G . HENRY WILLIAM SMITH , Actuary and Secretary .
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: ALBERT LIFE ASSURANCE AND GUARANTEE COMPANY . Established 1 S 3 S . Principal Office , 11 , Waterloo-place , Pall-mall , London , S . W . City Branch , 63 , Moorgate-street , E . C . DIRECTORS . Rear-Adm . tho Rt . Hon . Lord GEORGE PAULET , C . B , Capt . Thomas Porter , R . N . Sw . infen Jervis , Esq . Witliam Peattie , Esq , . M J > . William Kinsr , Esq . Capt . the Hon . S . T . Car- George Goldsmith Kirby , negie , R . N ., C . B . Esq . Lieut .-Col . Jam . cs Croudaco , James Nichols , Esq . H-E . I . C . S . George Raymond , Esq . Assurances , Annuities * and Endowments granted , and every other mode of provision for Families arranged . Half tho Annual-Premiums for tho first five years may remain on credit for any period until death , on Payment of Interest at five per cent , per annum . . Parties all lowed to go to , or reside in , most parts of tne woi-ld , without extra Premium . . , . Naval and Military Lives , not in activo service , assured at the ordinary rate . ' ¦ . .. Policies forfeitotl by non-payment of Premium , rovwable at any time within Six Months , on satisfactory proof of health , and the payment of a trifling Fine . No charge for Policy Stamps . . . Reversionary Interests in every description of real or personal property purchased . . Security to Employers , Guarantee for Fidelity in situations of trust- „ , Forms of Proposal , with ovory information , may bo obtained at the Olllco of the Company , or by letter , addressed to , HENRY WILLIAM SMITH , Actuary and Secretary .
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' MUTUAL LIFE ASSURANCE . THE WHOLE PROFITS DIVIDED AMONGST THE ASSURED . THE SCOTTISH EQUITABLE LIFE ASSURANCE SOCIETY . Instituted 1831 . Incorporated by Special Act of Parliament . HP HE NEXT INVESTIGATION into tho JL AFFAIRS of tho SOCII 3 TY , in order to tho Declaration of a Uonus . will bo mado at 1 st MARCH . JSOf ) , when all Policies thou of FIVE Years' enuimmoo will rocoivo Additions . Those Additions may , in tho option of tho Assurod , bo applied thus : — * 1 . They may bo added to tho sum payable at death ; 2 . They may bo commuted iuto a present payment ; or , a , They may bo applied in reduction of tho future Promi nms . Tho following was tho position of tho Sooioty at 1 st March , 1858 : — Amount of Existing Assuranoos .. ... £ . 1 , 057 , 111 Annual Rovonuo 182 , 717 Accumulated Fund l , ooo , < i <> 0 Copies of tho last Report may bo had at tho Head Ofllco , or from any of tho Society ' s Agoijta . Head Olllco , 20 , St . Andruw-square , Edinburgh . ltOUT . CHUISTIM , Managor . WM . FINLAY , Secretary . London Ofllco , 20 , Poultry . AU 0 H . T . RITCHIE , Agont .
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AGENTS REQUIRED FOR THIS MACNET LIFE ASSURANCE SOCIETY , Established lHBt . Cirinij' Owiam— 'i ' i , Moorgato-stroot , City , ProHpootusofl , proposal forma , and ovory Information for ofl ' ootlng Policies may bo ontalnud by lotto ) 1 , or norsonal application at tho Ohlof Olllco , or to any of tho Society ' b Agents throughout tho Kingdom . Infiuontlnl poi'Hotia doulroiiH of taking Agonolos whom appolutmontH are not already mado , can a )> i > ly l ' ur tormu , « c , to tho Mmiagor , S . POTT ,
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DEPOSIT AND DISCOUNT HANK . Jja VE PJfiR- CENT , is paid on till Sums rccoivod ,.. J onDKi'O ^ lT . . lutoi'UHti > ald half-yearly , y'X ^\ .. " .: '_/• . ' \ Tho Rlyht JUon . tho liarl ol ijUVON . OImlriijan . / .. . ,, ., JO - A ' * <> . . U . U . LAW , Ma ' tijeWty / «' .. K' * 4 ' ~ l ) tv O / llcos , 0 , Camion . HtrootWoHt , I-J . O . £ OU !^ W ^ W ' /!» € 3 * j rccoivod . riimn . / . ,, . , ' f , i . A ' . * •' . ua 2 SPi * "M ^ £
Untitled Ad
BANK OF DKL'OSIT , Established a . d . 1844 . 3 , 1 ' nll-Mall East , London . Partios desirous of 1 NVKSTING MON . KY aro roquostod to oxuinlno tho Plan of tho Hank oif Djsi'osit , by which a hlgli rato of Inlorewt may bo obtained with ample security . Tho Interest is payable In January and July . PitTISft MORRISON , Managing Director . Forms for o ]) oning Accounts sont froo on application .
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QOUT H A US TIIAL IAN 13 A N KING O COMPANY . Incorporated bj RoyalCharter , 1847 . LISTTMUSofORMDlT and H t LLS issued upon Adolaidc , Port Adelaide , and Gawlor . Approved drafts negotiated andsontforeoHootlon . livory description of Hanking business is also conducted dlrcob with Viotoria , New South WaloM , aixl tlio otlior Australian Colonios , through tho Uoinpany ' s Agouts . Apj ) ly at Hi , Old Uroad-stroot , London , K , 0 . WILLIAM PURDY . Manager .
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LOANS AND INVESTMENTS . WELLINGTON LOAN & INVESTMENT ASSOCIATION ( Limitod ) , 3 , Cliatham-placo , Blackfriars , London . Doposits received at o por cont . Interest , payablo half , yearly . Loans grantod at moderate rates Particulars of CHARLES W . ROE , Socrotary . N . H . Auruntu ronuirod in town imil nountrv .
Untitled Ad
ACCIDENTS OF EVERY DESCRIPTION . £ 1000 IN CASE OF DEATH , OR A FIXED ALLOWANCE OF £ 6 PER WEEK IS THE EVENT OF INJURY , May be secured by an Annual Payment of £ 3 for a Policy in tho . O AIL WAY PASSENGERS' ASSURANCE k \ COMPANY . A special Act provider that persons receiving compensation from this Company are not barred thereby from recovering full damages from the party causing the injury ; an advantage no other Company can offer . It is found that ONE PERSON in every FIFTEEN is more or less injured by Accident yearly . This Company has already paid as coinpu . 'isation for Accidents 27 . 98 SJ . Forms of Proposaland Prospectuses may bo had at tho Company ' sOlliecs , and at all tho principal Railway Stations , whore , also , Railway Accidentsalone may bo insured against by tlio Journey or year . NO CHARGE FOR STAMP DUTY . Railway Passongcrs' Assurance Company . OlUcos , 3 , Old Uroail street , London , E . C . WILLIAM J . VIAN , Socrotary .
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I LAW PROPERTY AND LIFE ASSURANCE SOCIETY . 30 , Essex-street , Strand , London . Capital , 250 , 000 ? . DIRECTORS . Ralph T . Brockmavi , Esq ., Folkestone . Edward Wm . Cox , Esq . 86 , Russell-square . George Frederick Fox , Esq ., Bristol . E . E-P . Kelscy . Esq ., Salisbury . J . Mead , Esq ., 2 , King ' s Bench-walk , Temple . H . Paull , Esq ., M . P ., 33 , Devonshire-place , Portland ^) lace . EIGHTY P £ R CENT . OF THE PROFITS divided among the Assured . At tho first'division of profits in May , 1845 , a bonus was declared , varying from Two to Eleven per cent-, on the amount assured , and amounting , in many instances , to upwards of Fifty per cent , on the Premiums paid . At the Second Division of Profits in 1 S 5 S , an EQUAL PRO RAT A BONUS was declared . * * Every description of Life Assurance business transacted . ¦ . ¦ . EDWARDS . BARNES , Secretary .
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A POLITICAL AND LITERARY REVIEW , MERCANTILEJOURNAL , ' AND RECORD OF JOINT STOCK COMPANIES , BANKS , RAILWAYS , MINES , SHIPPING , &c
Patent Derrick Company
PATENT DERRICK COMPANY
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VOL . IX . No . 449 . 1 SATURDAY , OCTOBER 30 , 1858 . Price {^^ . i ^ JUiifi ^ .
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Citation
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Leader (1850-1860), Oct. 30, 1858, page unpag., in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/vm2-ncseproduct2266/page/1/
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