Star. — London, England, 1824-08-10 00:00:00

I - . ' .t.r . It: • • • hiiol t ,ti9t:j7 S EAST INDIA HOUSE, July 14, 1824. rIIHE COURT of DIRECTORS of the UNITED cOMPANT q MERCHANTS if ENGLAND Mid* tc .5, Fin . INDIES, rte hereby give Notice, 'p the Court will be ready to receive Proposals, in writing) on or before WEDNESDAY, the 11th Auguatnett, for the litre, scr a fut tiler ;umiak of Voyages, of such Skips of the burthen of frrn 950 to 1,000 Tons, and also of 1,200 Tons end upwards, meesureinent, as have performed tear contracted num ber of Six or Seven Voyages in the Company's Service. The Court of Directors hereby further give notice, that the Court will be ready to receive Proposals, iu writing, on or before WEDNESDAY, the 11th August next, from the Owners of Ships 1.,f the buirtheo of Ib Tins and upwards, registered meaourement, ,p e eifying the rate of Freight at which they may be willing to Let such Shiperoe One Voyage, to and from Mimi, in the Company's set rke. The Tenders, with the words " Ship Tender" on the cover, to be severally sealed tip, and lift with the Secretary, at or before Twelve o'Oock at Neon, on the said 11th August next, after which hear not any Tender will be received. JOSRPH -DAR T,-Seerelari. The partlculatitif fhelttitdi atreedndltbbstilieniViacittee sair nib be tespectively engaged fdr the Company. Service, mar be h a d upon application it the Olico of the Clerk to the Committee of Shipping, ou or after Saturday nest, the 17th instant. This day was published, In svo..price Its. boards, TOUR on the CONTINENT, in FRANCE, SWIT ZERLAND, and ITALY, during the Years 1817 and 1818. By ROGER HOG, Esq. Author of " Granunont," and Poems— printed fur G. and W. B. Whittaker, Ave Maria-lane. This day was published, in Bvo. price 14s. boards, A PRACTICAL TREATISE on the LAW of LEGACIES • By W. S. PRESTON, P.p. Loud's: Printed for J. and W. T. Clarke, Law Booksellers, Portugal-street, Lincoln's Inn. Of whom may be had, • Pawns on Abstracts of Title. Secoud Edition, I Vols. royal Ira 51. Iss. boards. Psalms on the Practice of Conveyancing. S Vols. royal Iwo. St 3s. Passion's Sheppard's Touchstone, complete In two Vats. ' royal In. sr. 5.. This day was published, In Octavo, priee 14s. in boards, DE AK SCENERY; or, the DERBYSHIRE 1 TOURIST. Second Edition, containing a Revision of the Quarto Edition; with a preliminary Chapter; a Series of Road Sketches, for the use of Travellers; and a Map of the County,. with the Routes of the different Excursions. By E. RHODES, Esq. Printed for Longman, Hurst; Rees, . Orme, Brown, and Greta, London; and the Author, Sheffield. Of whom may be had, A few Copies of this Work in Quarto, with Engravings, by W. B. and G. Coots, from Drawings by F. CHANTRY, Esq. /I A. Sets of the Plates may be had separately, price £2 Its. • EXCURSIONS TO THE WATERING PLACES AND TO TAB METROPOLIS. PERSONS •who at this Season are meditating or making SUMMER Exonaucnts. are infornied, that an entirely new and revised Edition of the GUIDE to all the WATERING and SEA-BATHING PL ACES, with Ninety-four Views, Maps, Roads, &c. price I ss. may be had of all Booksellers. Persons visiting London, are also informed, that an Edition, corrected to the present time. has just been published, of The Pseruas of Lonoon ; or, Complete Guide through London audits Environs, with Maps and Plans. price 6s. bound, or with One Hundred and Eight Views additional, 9s. bound. Printed for Longman, Jlurst, Rees, Orme, Brown, and Green. ' N. B. These Well-kitawn and approved Works have pawed through above Twenty Editions, and in maldng their purchases, the Public should be on their guard against Imitations under simi lar Titks. T HE WESTMINSTEA IeEVIt4 7 , No. 111. coNTAnis: I. Prosecutions for venling• Antichristian Publications.—lL. Make on War Expendittire.—llL Private Correspondence of Cow per.—lV. the of the Dead to the Living.—V. Charitable.lnitieu. tont —VI. Memoirs of the Court of Louis XI V_ and the Regency. —VII. Greece and its poingar Poetry.—Vlll. Travels in eke liaised States and Canada.—lX. Redgauntlet.—X. Newspapers. —lt. The Danciad.—Xl I. Tile last days of Lord Byron. CartlCAL Noncts.—Atbeistone'l Midsummer Days A Tour in Germany—Jones's Anieri, tallwiteview of bis Greek led English Lezicoa—Rosaline de Vere--Effigies Poetics—Cob lett's Rile in France.—Cliry's . Birds of 'Arlstophitreu-Bentley's Minoan! Review of the Hindu Astronomy. . . London : Published by . Baldwin, Cradock, and Joy. 0(10:oat may be hadabe Reiland Editions of No.. L and IL BEAUTIES OF MODERN LITERATURE. TM. day Weft published, Elegantly printed in an aro. Volume, price 14.. board: HE BEAUTIES of MODERN LITERATIIRE, T in Verse and Prose; to which is 'Treated, it preliminary yew of the Literature of the Age. By Pd. AVDERMOT, Author of a " Critical Dissertation on Tate," &S. &c. Imam: Printed for Sherwood, Jones, and Co. Paternoster-row. Where also may be had, by the same Editor, 1. A Critical Dissertation oil the Nature and Principles of Taste. Lae vol. Sao. price 12s. in boards. 2. A Philosophical Inquiry into the Source of the Pleasures de flied from Tragic Representations, Bvo. 12s. DEDICATED, BY i'EENIISSION, TO HIS MAJESTY. This day were published, • Rs Three Vo'woes, Crown Octavo, price Li. 16s. ORIGINAL LETTERSH, IL II OF ENGLIS HISTORY. 'Wilding numerous Royal Letters, from Autographs in tile British Museum, and one or two other Collections. Edith Notes ind Illustrations. By HENRY ELLIS, ERE Sec:S.A. Keeper of the h4nuacripts in the British Museum. This Work calends Portraits of King Henry the Eighth and lab J"ter, Will Sinners, from an Ilhataination in that Monarch's own Psalterotill preserved among the Royal Manuscripts in the ,British Museum ; a Fac-nlidle of the Plan "drawn by UM Burghay's own sand, for the arrangement of the Trial of Mary Queen of Scots; and a Fac.,iniile of the Seal -and Signature to the Carte-blanche which Prince Charles sent to the Parliament to sails. his Father's ke; also from Autographs in the British Museum. Printed for Elardiug, TriphoOk,and Lepard, London. ESTABLISHED sc d ticooL BOOKS. Jusst CH?IONOLOGICAL, pb I3IO. , RAPHICAL, HTSTO ICA L, and M.ISCULL*NROUS EXERCISES, on a .h . yr !hin t tiesignikl for the daily use of Young Ladies. .By the to V. I LI. I A M uuruca, Teacher of Writing; Arithmetic, and 'Pi'?', I.2niu. Seventh Afrip,enlarged„. 7s. 841. bound. avl.ll l , J. Ha rr i s a im Voi;lViivinau; 'Harvey and Darton ; napkin and Marshall. llf whom A. ll may be h d, by the s:..ine Author, FTICA L‘QUIISTIONS. ou a New Plan. Eighth • 8441 1%12m0. 6s. Wend. • ' V AL:WISES on the GLOBES. Ninth Edition, 11:no. price A I•C ti METICAL TA.BLES. Twelfth Editibn, 18mo. tid. t i Gk OGIIAPHICAL EXERCISES in the NEW TESTA- Steond Edition, 12in0."35. 61 bound. , ` I ISCELLANEPUS QUESTIONS in English Ilktory and Second Edition, 1: - :mo. 4.. bound. • • BRITISH ANNUITY COMPANY, FOR THE PURCHASE OF ANNUITIES SECURED ON PROPERTY IN GREAT BRITAIN AND IRELAND. CAPITAL THREE MiLLIONI, 111 1111er1' Vativraurn inaana or VIM POWWOW ItACIW. &tuba!shed under the Authority of an Act of Parliament, Joaelll, 1824.—Office, 56, New Broad -street, Loodou. DIRECTORS. PETER Monist. Esq. M.P. Chairman. S. B. M. limunerri Esq. M. P. Deputy Chairman. Nicholas Deimys, Esq. Samuel Page, Es+ 'Limit-Gen. Sir Rufane Donkin, Colonel Palmer, M.P. K.C.B. Nathaniel Wm. Peach, Esq. Major James Jones lion. William Powktt, M.P. R. Lane, Esq. A. A. Surtees, Esq. George Magnus, Est'. Colonel Talbot, M.P. John Meni'him, Esq John Whin, Esq. William Newman, Esq. ♦UDITORS. Henry Clarke, Esq. * John Hotta; Esq. I Barrage Davenport, Esq. David MfLean, Esq. Timothy Francis Power, Esq. sariests. Sir William Kay, Bart. Petite, Marryat, ind Coleman; Sia Jain Perriog, Bart. Shaw Batber, and Co. Sac aria mr , —..Tatnel Mitchell, Ewq. A. M. &AMINO CourrsaL--Samnel Girdiestose, Esq. Soureicin-.Jolan Aeorge Buckley Holm; ail William by way of annuity, to such an extent as the value of their shares will Cover. Perishes are unable to raise money by mortgage, bemuse they cannot give a power of sale, and can only grant a security on the rates from time to time as they come in. - kis also deemed inequi table to ley the whole burden of defraying.the expense of a chureh. or other public object, the benefit of which is to extend over i long period, upon the present inhabitants. They therefore raise money by annuity; and almost every local Act of Parliament directs or recognises this mode of obtaining money by parishes: The Proprietors of nnincumbered but entailed Estates cannot raise money by mortgage, as they have only a life interest in the property. It is frequently impossible to cur off the entail, and Isometigtes a proprietor does not desire to do so ; hence,When money is raisin, it must be by way of annuity; and such an annuity is granted as will remunerate for the use of the money, and pay the premium for the insurance of the life. In Scotland a large proportion of the landis entailed, and the entail being perpetual, it cannot be cut off by any means. In that part of the United Kingdom all securities on land are registered, and take priority in the order hi which they are registered; and the system of registering is universal throughout the country, and is re. duced to such a degree of simplicity, th.te it may at once be seen 'if lay and ghat sums of money have been raised on the secnrity of an Such securities ere therefore very desirable, and the Sri- Annuity Company has already had applications from Scotland E e c money to a very considerable amount. LAll persons deriving an income for life or for lives, secured on' and, by marriage settlement, attachable pensions from Gotens-' menu, money in tke Ptntds, or other good seceritim depending OA life, must, from the nature of such securities, when they raise mo. ney, do it by way of annuity. As in such cases insurance is re quired, the parties raising the money must grant an itiriuiiy to 'such an amount as will insure the money advanced, and *ill a remtitie ration for its use. • Good Irish Securities will also meet with the eonsidenttion of the British Annuity Company, whereverthey are offered haundis. turbed and mercantile districts; and the Proprietors will now have the opportunity, by means of this Company, of obtaining money on their estates, which they have hitherto been unable to procure, and at low rates of Interest yet miknown is the sister kingdom. To prevent unnecessary trouble to applicants, it is proper tostate, that this Company does not advance money in purchase of annuities eft mere personal security, but only of annuities secured on property. It' is therefore the opinion of the Directors of this Company, founded on ifivestigatien arid evidence obtained from Ohne records, iiir *0 ae the best possible some. of 'Mesta infornimion, that the icy will beenabkd to knew the whole of its capital, and to. EisMalanally at least from 0 to 7 per cent. besides leaving a fund, eontingeocies. For many years there have been annually sl ed and enrolled in London, on in' average .1506 annuities, be sides those secured on freehold property an d cOpyliteiri estates of larger annual value than the annuities granted, •and exdudve of aamdties granted on laid and other property in &Wend andrins., had. The stun so invested in the purchase of annuities within the l last three years, and enrolled in London, has been from threemil lions and a half to four millions sterling. During this period, which has been a time of peat.; tberail ter lent. obtained, after defraying Insurance where neeessarp, has been !from 7 to 13 per cent. according to the nature of the securities ; and k is therefore confidently anticipated, that a great public Company, transacting its busineseon equitable terms, will have such mimerriusi Were at to enable it to select the most undeniable securities, and to trine its capital more advantageously than can possibly be any private individuals. -. . • . • That the public wants strongly called for the establishment ' Mich a Company as the present, is evidenced from the immense itrumint of business transacted in this way for many years pan by. 'lollnre can, therefore, be no doubt that this Company, governed dud principles, will obtain the preference, and be able advan- Mtiusy to invest Any 'mews of capita:. Persons possessed of i esentities may now Palrly,paloulate on just and liberal conduct, 5. au immediate advance of miner a soon as the -securities have ' approved of by the Dfteeters and professional advisers of mpany. This will preventani unpleasant publicity to the trans- action, Incurred by application to.private agents, who are under the aectuity of offering the 'ninthly, to numerous individuals, who :again discuss them with their 'advisers, in order to find persons to [device the sum required.' By applying to a Board of Directors, the translation is made known to no persons, but confidentially; end `only to them and their taken, . • Money, by this Institution, will be also advanced at a more mo derate rate, and the Grantor, will be exempted from vexatious and exorbitant charges of every description.' To the Proprietors of this' Company, the investments which they hive made cannot fail of becoming advantageuus. In the first it:must be admitted that there is a greeter advantage in In money in annuidm.than in the public funds, in consequence }f the present high price p 1 the Stocks. The Three per Vents. are Mow npt far from £lOO itt the market; and yet it is only eight years, ego that they were about £6O; and in the event of a war, or of any other unfavourable political contingency, the Stocks may ra pidly fall to £6O again. A pendia, therefore, vela now buys into the Funds, will not only obtain a very low interest foe his capital, but la subjected to the hazard of a lops of from 30 in 40 . per sent. the his investment. This risk is avoided by investing in Annuities; for whether they be paid off by the Grantee, or whether he die-ami: the money be received from the Insurance Ofilte; the full original capital is replaced. • • 1 A person having a few hundredpounds, which he wishes to its , vest in Annuities, will do it to the best advatitigetty taking Shares ill a Public Company, es he cannot have 'such a competent khovi•• ledge of the business as to be able to decide orithe eligibility of the securities which may be of eredeto him. The best are frequently for large suns; and tie benefit of these cannot be obtained, but by taking a Share in 'a Company which is able to advance the , money required. . . To'persons of large property it is also more advantageout so in.; vest by the purchase of Shares, than in purchasing Annuities granted to theinselves ; for a Board .of Directors, habitually Fu med in the consideration of Securities, must necessarily, from their experience, be able to judge of those offered theirs better than. any AdividuaL • They have, also the benefit of emplOying prOfes dorsal men, who have had much experience, and whose attention is exclusively devoted to this particular branch of business. If, also; k should on any occasion occur, that a security did not prove so =was expected, the loss, being equally divided anwigst a nu- Proprietary, would be little felt by any one, and would be amply recompensed by the Profit on the otfier securities. There is also a convenience in holding Shares in a Public Cons .pany Investinton Annuities, which cannot be enjoyed by an inch eidual laying butehienneney on Annuitiei granted to himself, viz. that when he has occasion for a sum of moneY, he has only to btidr, as many of his Shares to market as he may -require, and sell thmo witk the same facility as any other Stock. This he could not readily do with' an Annuity, or part of an Annuity granted to him helf, and certainly not without considerable delay, expense, investi kationi and actual lose. The selling of Shares, on the other hand, Is a perfectly simple , transaction, and they are at any time readily Convertible into cash. A Proprietor disposing,of his Shares may reasonable, estpect to do so at a Premiums- fioln their securing him regularly'i good di eidend ; whilst an individual could not in any ease expect a Pre admit on an Annuity granted to himself; as it is always liable to be paid off for the original sum invested, and there cannot be i cer taintrof immediately finding a new investment. but Capital in a Public Company, Which will naturally have nuniekous application; may be kept in constant operation. A £5O share will consequently be-estimated by the Purchaser, tat merely at £3O, bat as a security bringing in an Annual Divi dend from £3 to £3 101. and tie value let upon it will be in pro portion. . Hence, the,pyice Of such Shares will naturally rise in the same manner ''.as - t i tle Sates of-ether Public Companies which-, 'realise a similar advantage. - • • 1 . The Proprietor's Private-Property in the 'British Annuity Com pany wiliteAt be exposed to any liabilities, as is the case in almost all ' the Joint Stock Companies. This trine from the nature' of its' bpseations. ' • : t t There are only two ways by which Proprietors their liabiliry—, ist. to the Directors; 2d. to the Public. Liability to the Direc n ' • is guarded against by the contlitiOn; on which the'Coropany . is F bared and embodied in its deed - of •settlement: Liability to th e 'ulic is avoided by thenature of the Institution itself. Purchasing annuities, as already explained, is merely laying nut money sq as to !bring in a larger return than by the ordinary mode pf loans. • - • By the .Acts ef,Pirliameni regulating the Purchase of Anduities, it is requited that when the transaction' is completed, atittiMl 'reeds • . tt tied, the whole purchase-money, even to the int' farthing, shall' paid down to the grtntor. As investmetit of capital in making purchases is the only trans ,detMn which the Directors can legally effect, there is no way_ by lrhich they can contract any d*ts to subject their own property, dad that of their Co-shareholders, to any liability, excepting fur the feat of offices, salaries, and other contingent expenses of manage ment. These must always bear so small a.propottioa to even the annual income of the Company, that they cannot affect the capital, *mat less involve any of the private property of the shareboldt es. • The expenses of effecting money transactions tp the form of annv:.. des, as well as in the form of mortgage, are defrayed by the party *thing the money. Hence the British Annuity Company will 'babe • no charges to pay to Surveyors, nor to the Solicitor and.Osimeel s .i for investigation of thettitle, and making out the deeds: . • s As to the constitution.of the Company, its albite are gawped " by eighteen Directors • and as the present Court is ieduccill • siihm bet by death, relignahOn disquali fi catlous, or other catnei;'nevi ones will be fleeced by tie Proprietors. Noe Auditors, frethstimit great body of Proprietors, are:also electeiby them t• end as any, st the present number die, resign, or become displallicd, the v4C?Ogi: will be supplied. As to the calls which will bemade for future in stalments,. Whilst they will be made at frequently as the demands of the Public, and cane/gently the prosperity of the Company raw quire, yet the convenience of the Proprietors will be consulted, anti only uto the anaousit t b.s alp t,he periods payment- klowe ever, it cannot be too distinctly enforced on the. Prpprittori of this Company, that whilst its Instirahce Companies Weir prosperity fs indlated by On'y one ad being made of a smell amount, to di* bedpan,- he peosperttroft lie heat evidennedvisktheldiready•ip.• poeite effect; since, in proportion to the dottsands of she Public for ; money will be the amount of inconte;, and , if that amount be, large, and the income proportionite thereto; the dividend to thd a Shareholders will be greater, because the eipetaelof the Itestkadeni) .vilU be nearly stationary. molt ;icy v :Tye -• To the Public this Idstittnion will, It is hoPedsslia . •• advantage. When a per,* who possesses an estate or pivot* any part of the United Kingdorri desires to obtain an advance fit by way of annuity, instead dt being obliged to travel to London, Wisps from a distant part of the country, at comidetsideincinett to he will menelf s have to send to the Seenstary of.this Ctiou. r Pasty for a printed foref, which will be supplied gratuitously, indi ta4ing the nature of the property, the sum required, and such other particulars as war enable the CosuN of Directors to eonshier and be.' Ismine Ost the business. if the general.eatnre of the security issi approVe4the Sutreyere of the Compel will then be deputed to Mersey the property, provided the_ security offered be of such a us bore• as tp ;squire it, and the expense of the survey will be borne by applying fbr the advance. If the report of the Surveyors to the •Dlrettora, they will'itten notify their iatlefao.' Hon to applicant, and the abstracts of hie title must be forwarded!, Co•the Solicitor of the Company, who, with the Standing Carmel, will investigate the same. If the title be good, the deed will he pre pared, and the &air dotopktted With certainty and expedition ; bat If the title be bed; then the etpense of the investigation Cot, a staid, be borne by the proposed grantor. • p this simple and Intelligible process no unnecessary delay wag. ; Make place I—the Shareholders will be protected from all charges which they ought not to suataid—and the Public will be benefited' by an advantageous and speedy supply' of capital on eligible arts. 'J : As the business proposed to be transacted by this Institution most frequently come through the hands of Solicitors, printed forms willbe supplied at the OfEce,and the Directors will be happy to re-, Mire proposals . to any amount, and will at all times afford every ex it's:Sian and assistance itrquired. • JAMES MITCHELL, Secretary. 1 :403 New Broad-street, London, July ip,l Ste. .• _ _.AM MAR ibillOOL OF KING **WARD " BICOMSG ROVE. ; " •-; • THE Head-Master of the above Establi t vi ll 1 have TWO V 4„CAHCIAS . Igthiplailuie for E ril at Michaelmas next. i". "."-•'•-•"----- • N.B. There are six valuable lehodanht s (with Fellowships =- hexed) from the above School-sr-the y of Oxford, to Which all Pupils of tvin years IV v iiro of being ejected. For. Particulars , adAltess to. . duk • Gram mar lichopl, Branatgeork. . • _ :re; '• • • CAItMARTHENSIIIIq... ••‘• CAPITAL FREEHOLD ESTATES, TO BE SOLD BY AUCTION, IN CARMARTHEN, Ou the Twenty-fifth of Sternum nest,' • IN TWENTY-FOUR LOTS, THE CAL - LIVER ESTATE, situate near f.LAW . DI LO,•andeodtainint about StX HUNDRED ACRES. . The PANTHOWELb IMTATE,•situate sac IT. C !AIS,* containing • TWO . THOUSAND. . HUNDRED` ijk SIXTY. ACRES—hotkilatatits consist of rich productive and capable of peat Itnpitiveltent. . • 'Mr. Samuel Vaughan, at Thinach, will skew Ibqtb ratutlis4 foe Particulars apply to R. R1.1'4. re*, Eaci...daneolses-lasi t ll s• and Mn Adam Murray, Surveyor and Land Aleuts Ok t WI" - tin'adane, Loudon. Letterstotel'9st ;' • • it , •': RICHMOND, SURREY. "..; 40' • • •":"' TO 1311 LIM . FURNISHED, " e l ) •••• • By Mr. ROB I NS, • • (Of •War Wick House, Regent-street), e•Vala ACAPITAL FAMILY MANSION, adapiej .for• the accommodation of a Nobleman or Gientletnan's I Psedly of the first Distinction; planned with suites of elegant Apartments, handsomely fitted ;. *student and cotninodious,Oifiees, Coach house, Stables, !cc. beautiful pleasure Grounds, richly orn.ameuted and laid out with Walks, and Tkrrace Walkibf the River Thames, with unbounded Views of the rich adjacent Cawley, enlivened by the windings of the Meer. AKA! • Immediate Possessiop may beibiaL To be viewed by Tickets, which, with Partiribrs, may be inb 4 of Mr. Robins, No. 170, R egent -street. HENRrS CALCINED MAGNESIA continues to be prepare with the most scrupulous care and attention, by Messrs. THONIAS and %Limn Hcnay , hlanufacsuring Chemists, Manchester. It h sold' in, bottles price 2s. 9d. or with glass stoppers at Is. 6d. itamp incl u ded, w ith full direction% for its use, by their various Agents in the Metropolis, add throughout the United kingdom; but it cannot be genuine, unless their names are engraved on the Government Stamp, which is fixed over the cork ur stopper of each bottle. Of most of the venders of the Matadi* may be had, tithenticated by a similar Stamp, llama's Mow* Seim of Vituttioa, the invention of Mr. Henry, and tie only'. granite preputtion of (*snide. . ELEGANT GLASSES, RICH UPHOLSTERY; SILK'S; lit! COOPER and SON, 93, Bishopsgare•street Within, NJ respectfully solicit the attention of the Nobility and Gentry to their extensive Assortment of Pier, Chimney, Toilet, and Chess! 'Glasses, from the smallest to thme pi* the most niagnificent dimes- slons, and at such prices as will, they fiatttr themselves, insure the liberal patronage of the Public in general. In the urniture Departnent is comprised every new and elegant article of Uphol stery, Clibinet, and Chair Manueactareoluitably designed fbr all de-. scriptions of Residences, from the simple Cottage to those requiring the most Architectural display of taste and richness. They particu larly beg the inspection of their superior Patterns of Silk Dtmasks, Tabourets,&c. which, fn consequence of the reduced Duty on Silk, they ate now enabled to veer on Terms so comparatively moderate as must establish this spperb description of Furniture for Drawing.rooms, Boudoirs, Saloons, &c. in preference to the inferior reticles now so much-in use. Families who pnirer the rich and beautiful style of the Ancient Gothic, will find sonic handsome Spe cimens in character for Buildings of the most antique structure; had as C. and Son are the real Manufacturers of the articles sold in their 'Ware-rooms, and employ none but first-rate Workmen, they are enabled, for Fashion, Splendour, and Solidity, to compete with any Establishment ia. the Metropolis, and, they with confi dente affirm, at Prices decidedly advantageous. The Papering hi d Decorative Style of Work, also the .Carvpig and Gilding in all its branch., continue as usual. Appneisiments made, and Erunerals FUrllished, with the greatest attention : to Economy. i . Ladle' and Gentlemen from the West-end of the Tann, deairn of.avoiding the bustle of the City, 'will find an easy and plea access to liishpp.gate.suset, by taking the route of the4EcxA; and City-road, through lAnsbury-square. . 94 tishottattitreet Within. . a . t I l'' "*lfisrWt . : : _:!ftr' i,lt •• sltliffeuz ..4 ,ftes • • • -4 e ' •:'' '''.- e . • 1 I . 1 ... , •07 • . tire . . . . ... 1 ' . . rg ' i • . 44.-e .q... ..... 1 1 , ,„ ,- • • .... • -....•-.- .• • . . --...._ ' ll/411e .„ A ,, "*"%......-.-• ' .. , ..., , . s , . ......,..:, 0 11 ,11,1 - .: ~. ....44 , ,'' 4 0..."04,4 -1, - ' . A ill%) : : .:1 usiveit• NI,. ''' ' _. T . - .7r.•*'60. - t : k .vi r'ff 4 • • -1( M Ir k -. - -H I 6' 1,1 f;l i t • 016<-141p .... r il l \p m. c "! 7 . • f fir ~. , ~_ .. E d ficif tredizt \ i , - t• , - • , _ . •_ . , . - .., . ......., . ..., • .. • . 4 1...-...,.. . . • • • TUESDAY, AIIGUST 10. 1824 .. . ' rP.stios&,%.bl-• . I. fd _ . .............. . . ' CoNsuLTnin Bevricie Lynn, Mb+ -...--Joieph Girth, Esq. Edward. Amen, Bal. and Janice Savage, Esq. THIS COMPANY has been established under the' Authority of a special Act of Parliament and Deed of Set. dement, for the profitable Investment of C.ipital in the purcheie of Annuities, secured upon Freehold, Copybold, ansi Lealelhola lid tate., Money in the Government Funds, Parish Bonds, Turnpike Tells, and other eligible Property. The nature of annuities not being generally understood, it may be dbillrable to enter somewhat into detail in the explanation of. them: An annuity is a sum ef money annually paid by a person, wh is called the Grantor, to another person, who is denominated die Gnats* la emedieinhon of a sum of money paid by the latter to the fectess lathe purchase-money for the duty. This annual pad- :strut bawd* dark," the Ilk of one or more individuals named by the grantee, and on the extinction of the last life the annuity ceases. This, A pays to B £1 ,000 as the purchase of an annuity of £lOO per annum, payable during the lives of C, D, and S At the death of the last surviior of these the annuity ceases ; but the parchale money is not• thereby loa f since, in 'wdm• to secure the return of the 21,000 the grantee may insure that sum at a moderate pre 7 Winn in an Insurance Oboe In this case Ais the grantee and B is the grantor. •As to at invettMent of money in this .way, although the Legisla ture has limited the rat. of interest to free per cent. on mortgage, mid all loans for a hied period, it has never attemp.ed to regulate the terms of annuities between the pardes, but bas simply passed Acts to direct the enrolment of the deeds, and to secure the par meats and the equitable protection of . the rights of all conterneill The substance of the Acts formerly passed on this subject is limbo. died in the Act 53 Geo. HI. c. 141, which has been further a& plalned by the Act 3 Geo. IV. c. 92. Prior, however, to the fortneit of these Acts being passed, many Insurance Companies obtained private Acts for this purpose. Since that period all purchases . annuities have been effected on the authority of the General AA tiuity By the law of the land, therefore, any sum whatever,owhich • ties choose to agree upon, may be 148E1 secured for any • • die.' pending on the contingency of one, two, three, Or any peobill lives, or the last survivor of them. • Awing the last.war, the usual a,nnnity granted he the um ' 1,0001. was 1001. a-yeg, or ten per cent. add where, from skit tut of the security, it was dependent on the lib if the gtiltilils much more was givewas was sufficient to pay the ann ual for the Insurance of the sum advanced, at an Insurance 0&70 1 1; this mode, the person who advanced the money obtained ataadvia.. tageous return for its use, and was in no risk whatever' f the.loes of his capital; for if the annuity 'was paid off by the grantor, then the grantee received his money back ; and if the grantorlied with: out paying it off, still tke grantee received it at the once at vgbiclt it was insured. Experience has proved to the monied interest, thaf sallnuitieS on tingle lives, which an be•ifistired, are highly profitable and . tageous, as well as perfectly secure to the grantees'. but annuities panted freebdi Mid o th er perpetual securities, without the expense of insuraneknapy be rendered equally, or even more profit kb*, and be much Mem moderate towards the grantor. In such cams the mmultles are usually gran Ascestimse during the lifetime of the last survivor of three or more person. The lives ire selected by. the indhddual purchasing the entliltp, who natu rally chooses young roans of good constitution. That this hum.' mode of investment is 'very profitable can be clearly demonstrated, duce it has been found by long and invari able experience, that although a single life Is of very uncertain du ration, yet in the case.of three or more welLseleetad Ilms, the ca. malty ceases, and an average fixed period may be riled upon. This period Is generally not less than 60 years, but let it be ' assumed to be only 56 ; by referring to tables of compound interest it will be seen that 11. per annum, improved at 5 :per cent. will amount in 56 years to 2671. 16s. 1 led. and therefore 31. 10s. per annum, regularly paid and improved at that rate, will in the same time amount to 1,005/..145. 4ed. It 1,0001. be lent at 5 per cent. interest, the individual who makes the loan obtains 501. a-year, and when the loan is repaid "he receives back his 1,0001. bet if another person lay out 1,0001. in the purchase of an annuity of 531. 10s. per annum, payable for 56 years, he will have ad equal advantage, for if he lay by 31.105. a-year to accumulate at compound interest, it 10111, as has been already seen, in 56 years, more than replace the 1,0001. invested. If, therefore, a portion of the annuity be laid aside to form an accumuliting fund adequate to replace the capital by the end of the probable expiration of the annuity, the remainder may be con sidered as the sum given for the use of the money. Besides this advantage, as the annuities are frequently paid off, tht whole sum laid aside as an accumulating fund, at the paying off forms an addi. tional source of profit, by adding to the amount of the original capital. But if, instead of receiving an annuity of 531. 10s. for : 1,000/. and none are granted so low, be receive 1001. per annum, then it is evident that not only at the expiration of 56 years he will, obtain back his 1,0001. but every year he will immediately derive in'ast. vantage of 461. 10s. per annum, which he can obtain only by this mode of investment. It may, however, be inquired by some persons, why should indi viduals prefer to raise money by this method on their estates and property, which, whilst it is advantageous to the Grantee, must surely be burdensome to the Granter? To this question it is replied, there are ample and important reasons, in addition to•the difficulty of procuring money at 5 per cent. for any given length of time, which induce many individuals possessed of undoubted free hold and copyhold securities, as well as public bodies, to prefer raising money by way of annuity. For example, if a Gentleman mite Money by mortgage, be cannot generally bh secure against being called upon to repay it for more than six months, unless un der particular circumstances—as for instance, &malts being trust money. He is therefore placed at the mercy and caprice of the lender. The Money be was of cOurie in want of, or he Would not have borrowed it, and it may be difficult in so short a time as six months to repay it. It may have been expended in the improve ment of his estate, or in such a speculation that it may be a very Unfavourable time to sell his property. When he applies fir a fresh loan he is subjected to unusual difficulty and suspicion, even from the circumstance of his estate being already mortgaged for the very suns be is called upon to pay off. Hence it may be impos sible to obtain the money, and he staffers the consequences, which • are not unfrequently sale or foreclosure. But in the case of rais big money by granting annuities It id different; for so long as the Grantor continues to pay the annuity granted, he cannot be called upon to pay off the purchase Money, ahhisugh be may do so *hen be ' finds it convenient, upon giving a short notice, or paying a small fine. Proprietors of Leasehold Property aie, fOr like reasims,lodticed to prefer • raising money by annuityto . mortgage . ; and ituisu fee ique.ntly occurs that they are unable to obtain money by mortgage satin, although the deration . of their interest In the property maybe. 'amply sufficient for securing the payment of the annuities they are Wilting to grant. Proprietors of Shares In Roads, Canals, Bridges, and other Pub lic Works of this nature. Whin they may deent it an unfa4ottrible thue to sell, are able to give good securit y for ati advance amine), . VtK II .~ w