The Sun. — London, England, 1848-01-19 00:00:00

... T E Vir E 1) IV E . E g I) A Y .._. C .. . , , ri S U N I , I, 0V D ON 3 VgNIN 1 SANUAAV 16 e 184 (4. - - ...„_. - ---- THE PROVIDENT CLERKS' MU- Iby him at th e ir l as t mee ti ng s h ou ld b e g i ven t o th e th a t a mee ti ng is t o b e ca ll e d t o resc i n d th e same . tie principles, they must not be confined to any place. The CHAIRMAN announced the report of the scru- hearty welcome, and the institution had greatly bene- TUAL BENEFIT ASSOCIATION. directors for their labours during the Past year, for those might say that he a revOtied ever y one a t th e h oar d, He knew that there was a sort of aristocracy tineers to be as follows :-Votes for fitted by it. (Cheers.) There appeared to him to be a , who looked at the quantity of business they had trans- and . that , he leailsen e teiho44;t. in the institution _beyond about su c h h ouses as Fletcher., Alexander, and Co.,;but Mr. William Jeremiah Jordan 125 degree of freemasonry connected with Provident Clerk- The Seventh Annual General Meeting of the mem acted could not fail to be of opinion that they had seeing it prosper: ',e fatatreat interest ea et, because tare were otha, who Mr. John James Iselin ... ..... hers of the Mutual Life Assurance department of . oflb h•considered• ( I les., _.l- ,- „ . with the exception of Free-masonryism, for it been called upon to give a greater amount a our e it a , keecteav e ve do, nuee'l pcia to all the --(hear, hear.) It was because he thought that the Mr. William Maitland this excellent association, was held at six o'clock on and time to the institution than during the preceding clerks of this country c ioAt wa,:,,1.,t,d to • o see its object infusion of some new could also help them forward. blood would be of service to Mr. William Stanhope Sawtell ll6 caused every one to look upon all who were con- Monday evening, in the large room at the London or any former y ear -(cheers) -but fi n di ng th a t euch extended, n o t only root{ 4 1 kii 11 ttl al insurance, but in the institution that he felt desirous of offering him- and for the new candidates- nected with the Provident Clerks' Association as brothers.-(Cheers and laughter.) He Tavern. Mr. Richard Henry Jones, the chairman a proposition was contrary to the feelings of the the benevole ; r4 ‘B;e-k•ttlr,t. It was the duty , of all self for election, and if any gentleman would propose Mr. Charles Reed 26 t and that feeling would long of the board of management, presided. managers, he had deferred to their opinion.-(Cheers.) to make provision for the accidents which no fore- and second him, he would go to the poll, although Mr. John Parry 2l Mr. H. B. REYNOLDS felt great pleasure in second._ sight `could . :aealfiaa, b u t espec i a ll y for those he had not made an applicatioa for a single vote, be- The CHAIRMAN then declared the four first gentle-.• - • 1 1v begged to thank them Amongst those present we cbserved Mr. G. Shep- . , ~. andas they had artat dealofwhom h • guard 14' .which they had ing tne e proposlisen, - b u t f or s e e b h provision lieving it to be th e b es t thi ng for the institution to men to be re-elected managers of the institution, for the confidence and support 11-. yard, Newcastle-on-Tyne ; Mr. ,Vignall, of Bir- business to transact, he would content himself by leave destitute. He • .. 4 ' b • • A.r. uue , t .t .m t s . . I ta y th at momen t ring in some new life into the direction.-(Cheers.) amid much cheering. so long honoured him, and he begged te; . friends c tr o u n s t t i e n 'trusted that continue. with 1 thatie most assure them, . . a a_ting on sl'::li coraie.. .. ;th mill ham; MraW, Cal e o v vne, N orw i c h ; M r . J. King, saying that he agreed most cordially in all that had to tender hiS resign'a'tlYlk I t renY gentleman in the room Mr. " DM " then proposed Mr. Charles Reed Mr. J. J. ISELIN then rose to address the meet- in conclusion, that no exertions should be w Exeter; Mr. E. Bell, of Neath ; together with Dr. been said by his friend. lie considered that the considered that at ae u ld d o more th an h e h a d d o n e f o r as a fit a n d p roper person f or e l ec tion to the office of ing, a n d was rece i ve d w ith cons id era bl e c h e er- hi s p ar t to insure the continuance of that eme 4,l eene- "s. a Jones, A. Smee, Esq., F.R.S a W. Rattray, Esq. report sp o ke f rites of ar 'm the directors than anything he could urn its ore t ru thfully and el o q uen tly o f t h e the PanVid(Pai Clerks' Association ; because, having director of the institution. ing. He had been requested by his three bro- support, and kindly feeling that h ad been ever shown G. Thompson, Esq., and J. I. Scott. There was 4 me, ; . nterest deeply at he ar t, a ll h e d es ired was Mr. GOSBELL secon d e d the nomination, on the ther managers to return thanks to those pre- to him by all connected with their valuable institu - on their behalf.-(Hear, hear.) to see them promoted to the utmost and to accom- ground that he belie ve d that if the institution were to sent for the honour they had done them tion.-(Cheers.) very numerous attendance of members. The proposition was carried unenitneuslate plish all the good which he believed it capable of. lie be allowed to operate in new spheres of action, great in re-electing them managers of their valuable insti- The meeting then broke up. Dr. MULLINDER, LL.D., the Secretary,. having The CHAIRMAN said-reeeetleseme, km behalf of my- wished, with that , 7lPtea to pfrolielie the re-election of benefit would result therefrom. tution, and in so doing he must confess that neither -- read the advertisement convening the meeting, self and my brother eiirectnrs, i • I respectfully beg to a gentleman WhOin he faSete introduced, and who had, Mr. WOOD proposed Mr. Parry for election, they or he regretted the discussion that had taken The CH &HOMAN rose andsaid-Cetntlemen, in taking . • tender you our , nr?Dt thanks for this additional mark of in i• - et Urn iiitinduced severa l more , w hi c h was th e Mr. TOOLE seconded the nomination. He had no place.-(Cheers.) Although they did regret the in- IN BANKS, ASSURANCE, AND OTHER COM thelielence Gentlemen, as one of the oriselhel beet proof a man could give that he had exerted him- personal acquaintance with that gentleman ; he be- convenience and loss of time that had arisen in con- FAMES' STOCK. chair on this oc • which Ido in cape- your c '' 'n 'o f -: ' camp~ promoters this association, I feel on this oeieeeloni- self for the benefit of the institution.--(Hear.) H e lieved him to be i n ev ery respect what they wished to sequence of opposition that had taken place, at the From the Official List, city as chairman of the board of management, I the seventh time we have yearly met trfet-e-delight e d begged t o pr o p ose th e re-election of Mr. J. J. Jordan. see in a director o f th e ir institution. He had been same time he trusted that the observations he made pu BL NEED Ev El iy TU ES DAY AND FRIDAY ETENING• have to request your kind indulgence and forbearance. at seeing so much interest evinceid in the welfare of Mr. BURT seconded the n meta'o ' . • connected with the society from the period of its would not be construed into imputing any vindictive ....„....-_ It became my el.uty, therefore, and it is one which the association-(lleac)e-and:every day convin ces me Mr. R, r itoi , i t fuv u s e d th e re-election o f hi s friend formation, and had gone on increasing the amount of Or improper motives to those from whom the opposition LONDON, TUESDAY, JANUARY 18. I undertake with a great deal eef pleasure, to that it is destliiedto become o ne of the greatest institu- Mr; W. Maitland. In recommending him to their his policy up to the present time.-(Hear, hear.) emanated.-(Cheers.) He was bound to admit that Lions of which this the the new candidates had explained with great fair- JOINT-STOCK WINES, conduct the business of tire evening. I hope to do_ country can boast. Its adV - an- faroitrable consideration, he f e lt sati s fied if they had The father of Mr. Parry had been in Cages develop themselves Pletch Dividend i Amount S 0 with *he strictest impartiality throughout our Ti more and more es it i‘i - b- witnessed his zeal in advancing the interests of the house of er, Alexander, and Co., for forty years, ness the grounds on which they had come per of Paid. Price whole pre ea-ea-Allege;the of gresses• le experience of the past .yeei.• chows its institution, as h e had, thy would j o i n with hin t , and and Mr. Parry had a l so served them for the last eleven forward-(Hear, hear and cheers) -and after that Naze at Cam P all Y' Annum. Share. and I trust at, termination ,,,1,,,, i n tm have - - necessity Arid stri . king importance. 2 2001. he was sur e th e y would~ d o so i n c or di a lly su pp o rt- years, and now fill e d th e office lately filled by the explanation no person could for one moment suppose - . the bia e i nesa , , . t a£ s. d. £ a. d. at my conduct in the chair will re - been paid to ele v e n f am ilies during that peri o d ; ing hi s r e s o l u ti on . It mus t o f c ourse occur t o a ll of late deputy-chair man (M r . Lloyd). He really felt that any offence was intended to any one.-(Cheers.) ust al i 40 0 0 40 0 0 15 creme your approbation.-(Hear, hear.) I will now and it is highly prom -;;le that those families would them that a great deed of 3 rits r h IS a :r 4 th .. .kin .. E;ri;All Si. per cent. 50 0050 0 0 45 44 , have hee, Lee a ; i destitute-at ti me an d atten ti on were grieved to hear the word " opposition " brought for- On the part of the three gentlemen and himself, who read the report of the b o ard of management for the e---. 1 entireiy a ny rate they requisite fOr the proper management of the institu i •ercial of Loßclon 61. per cent. 100 0 0, 20 0 0 - ward, for he felt convinced that Mr. Parry's motive had been re-elected managers, he had no hesitation in CeY int ion •• • • .......... 6/. per cent. 25 0 0 25 0 0 'ORA year. The Chairman then read the report as e "'puld hack' had to encounter much inconvenience and tion, and :;'though a ll th e gen tl emen en t rus t e d with in coming forward was no t anything of the kind.--e saying that they were all satisfied no offence was in- ':'" ..olonial • same time they Gloucestershire - w ill 11 " .11 1 0 ItSS -- if this institution had not been formed to aid the management were z e alous and assidu o us in the (Laughter.) It was quite natural that some of the tended to them-(Cheers)-but at the 15Iper cent. - - - Weil as the balance-sheet, ofvvhich the following em.-(llear.) It may, now be said that th ,,, , so• discharge of their duties, he was satisfied that none Londn and Westminstr iSL per cent. 100 0 0 90 0 0 24 be found a succinct abstract :-younger members of the institution might aspire to could not but feel that those gentlemen who had come ienien •••• 6 6 1 1. pe_r_cent . . 25 (1 0 00 0 2 2 150 5 g o ; 1 -- 54 ciety has placed them in a position of comparative of them discharged their functions more zealously being, in time, mana ge r s o f the society.-(Laughter.) forward that evening, strangers as they were, bad Lo p n i d t o to n y o • in • t • • •• • •• - 13 0 0 - ABSTRACT SF THE SEVENTH ANNUAL 314P(' , RT 0, comfort. I ne e d h ar dly fay that we feel the deepest than Mr. Maitland.-(Cheers.) He suc cee d e d o n e But in order to pr e vent any joke being made done so under rather peculiar circumstances.- Provincialof Ireiand Bl. per cent. 100 THE PROVIDENT CLIMES ' ASSOCIATION. interest in the welfare of the institution, and that of the original pronioters of this instituti o n, Mr. at his expense, he b e gged to state that he (Cheers.) Mr. teed had only lately joined the Ditto, New.• •••• • • • 8/. per cent. 10 0 0 10 0 0 - " Each succeeding year the managers have in- no exertions, no amount of labour on our parts, is Woodward, of Bristol. He assured the meeting that (Mr. Toole) had no expectations of the kind. institution. He (Mr. Iselin) hoped that he would long . 2f:raf:cceennl: hioo g 0 0 22 10 0 - creased pleasure in coming befort, the members at the wanting :t o p romo t e it s increased success.-(Hear.) he brought with him all the talent possessed by that He would not be a director for the world.-(Laugh- remain a member of it, as he was sure from his Ditto, New.• ••• - - 1 51. per cent. 20 0 0 L 0 0 ---- .. i ti a a t tiog o l vfl of cl l a r i e o lli f trr ng - . annual meeting, because eaalh successive report shows llt ath sure I . am u tt er i ng the sentiments of those gentleman, and no doubt equal energy. H e h a d ter.) Under all the circumstances of the case he felt statements that night, he would be a valuable one.- South Australl r a ai i' a •::: 61. 22 10 0 - the increased prosperity of the association. The year ' about me when I say th a t it is impossible for anybody brought many new assurers,- and he was convinced therefore compelled to second the nomination of Mr. (Cheers.) With respect to Mr. Parry, he understood UnDioitntoof..A.us..t per cant. 25 =0 0 2 1 0 g 23 1847 has been one of a peculiarly trying nature on of men to have a gr e ater desire to promote the into- that he had the interests of the institution at heart. Parry. account o f the d earn e ess o f prov i s i ons, threatened rests of any institution than those gentlemen have to -(Hear.) 40 0 0 40 0 o that he had been connected with the association for a uni ,,, of London 6 /. p e r cent. 50 0 0 10 0 0 _ Mr. ISELIN would h av e a bstained f ro m addr ess i ng much l onger ti me . N ow , with respect to that gen- Union of Madrid .• • • - - scarcity at the comm encement, and the vast amount promote the increased prosperity of the Provident -.• Mr. STEVENS seconded the motion. the meeting on the present occasion had it not been tleman, it appeared to him that he, being the sue- ' CANALS. of sickness, togethe r with a severe commercial panic, Clerks' Association.-(Hear.) No body of men Mr. JEPPe proposed the re-election of his friend Mr. for the observations offered by one of the new can- cessor of their late lamented and respected vice - which has been :specially felt by all connected with could feel greater interest in its welfare, or put for- Sawtell, and said he did so with a great deal of plea• didates, Mr. Reed, viz., that the board of manage- chairman, Mr. Lloyd, in the office in which he had e I 1 _, Names of g Dividend) . commercial affr h i rs , and materially tended to retard ward greater exertions to promote that end, than they sure, because he had devoted a great deal of his time meat were sitting as an aristocratic body on one been employed, that he had been informed by some of Companies. 4 ! per Names of 45 ;Divicleud' ' PriCe• comoan i„. ~, per ['rice. r ''' A Annum. sa fin life assurance, Notwithstanding such drawbacks the do.-(Cheers.) You, of course, can aid us very to the promotion of the interests of the institution, and side of the green table, as contrasted with the body the gentlemen connected with the association, that a: Annum. - \--- progress of the: association has been great; last year much, as the report has mentioned ; e v ery one , h ow - was well conversant with it s wor ki ng , an d h e nee d of the me m b ers th en assem bl e d. M r . I se li n , on thi s if h e o nly go t hi mse lf e l ec t e d as a manager , that h e - _ - 4 the board rep or ted that 374 policies had been Issued, ever humble, can do something t o p romo t e so goo d a not tell the meeting that ti me was requ i re d f or th e occa s i on , t oo k l eave t o a ss ure M r . R ee d, th a t if h e wou ld b e on th e hi g h r oa d t o fill th e office in that Atm.& (oh t st.s t , pc 70 MaceleStleld • 100 - 15 for an aggr , :gate of 69,2001.; they now announce that work. Let it be borne in mind that individual exer- mastering of its details. Ile was sure that the energy imagined that such observations would tell upon institution which the late Mr. Lloyd had done, and Harnslee•••• 160 121. 180 Neath ••• • • • 1001 201. 3 2 t1: 0 1 in 1 847 cist._.,y have issued 417 policies for 84,7501., Lions increase our aggregate str eng th, an d that in he had used in the past would be put forth with in- that meeting, he had greatly underrated the quality that, in short, like the pupil of the prophet of old, the Bi rm ingham 1: :1. 80 C E': l 2k r' l l: o;e; i . I' g 2 :1 1 : 40 being ft ,,cle largest amount of business done in any year promoting the objects of the instit u ti on by the intro- creased energy in the future, if they were pleased to and intelligence of the audience he was addressing. mantle of Elijah might fall upon Elisha.-(Cheers Coventry.... tool 251. - Regent's •• •• 33 11. 4s. is sine', the formation of the association. During the duction of new members, you are benefiting your- re-elect him. Mr. J. J. ISELIN said that he believed the rule to and laughter.) Now, it had been said that the chief gr i b; re k• c • h •; leal 133 Si. 2 'B':."rd.ea'te6;;:l ' 8 5 5 0 7/ 4 1 1 0s. 130' " Fest year 527 proposals were made to the office, of selves as well as your friends.-(Cheer s .) You have Mr. NISSEN seconded the motion, be in general a healthy one, and he thought that the object in proposing the two new candidates for the eaoease ... iota sees - Do.LliniSt 12 61. p. c. - which 412 were accepted, 57 declined, 14 withdrawn, recently been informed, by advertisement and circular, Mr. COLEMAN wished to offer a few observations to meeting ought to make a bona fide use of it, provided management was to infuse new blood into it; that GrAnlJunctn,loo / 51. 78 &trot/o'4re 140 281. 275 GrandSurreylloo, - 30 Shrewsbury.. 12 8 151. - and 44 waiting examination, that four directors, whose term of office has expired, the meeting. They had arrived at that period of the however, they had sufficient reason for so doing. object was most commendable when necessary, Urand Unlon l loo 11. 10s. 2l Li Stourbridge.. 145 201. 305 "At the special meeting held on the 18th of Ja- offer themselves for re-election. The expiration of business when the gentlemen who wished to propose Now the reasons which had been given were some- but he could assure those who enter- Grantham •• 1501 121. - Severs and'? nuary, 1847, power was given to the board to accept the term of office of a similar number takes place a new candidate must either elect to proceed or stay thing like this-the present directors were like the old tamed such an opinion, that their fears j 26 11. 85. 80 scant eedsL'; i v vu rp,lo 9 o' " 347. d. 505 4 WY:L .Y r.r e Bail.ick ~n m proposals above 5001., but not exceeding 1,000/, on every year, and a very wholesome provision I consider their proceedings, and when the gentleman already spider, their web was wrought out and they were of no were wholly groundless, as by the immutable course Leicester .. • •1140 10/. 75 Binning. i-- •••• 65 one life. Since then they have received nineteen it to be. The names of the gentlemen who retire and nominated and seconded might, by a withdrawal of further use. He did not think that such was the case. of events great changes were continually taking place !.,e l u e te b, se r el og i r 1 84 7 4 0 1 i. 6 11 W i l , t7i t ckki 1 1 .... 46 proposals for sums exceeding 5001., of which offer themselves for re-election are Mr. John James the new candidates, be elected - without opposition.- He did not approve of the law which had been referred in every institution, and not less at the board of R l E G onniouthsh 100 St. - WorcPst°rnlic 78 21. 39 ten have been accepted, three declined, six wait- Iselin, Mr. IVilliam Jeremiah Jordan, Mr. William (Hear ! hear.) After the way in which the nomina- to as being in operation in the National Provident management of that than any other.-(Cheers.) As eirasemresie leo 51. - Birming.l 11. 11 ine examination_ and the hnnrd being decirnns of using Maitland. and Mr. W. S_ Sawtell. The gentlemen tion of the old manaveers had been received_ it was Society. He 1101; a that 1 ..AVP._ lnt.C. rendered it onmnnl- on inatonna ne +b at onri ;n ~...,1,,,.. 4,, .1,,...., +ha+ now bieltnliwbrylloo 107. - Wilts & Brio, 67 1 " Each succeeding year the managers have in creased pleasure in coming befont the members at the annual meeting, because easth *successive report shows the increased prosperity of the association. The year 1847 has been one of a peculiarly trying nature on account of the dearne ss of provisions, threatened scarcity at the commencement, and the vast amount of sickness, together with a severe commercial panic, which has been specially felt by all connected with commercial affisi es , and materially tended to retard life assurance.. Notwithstanding such drawbacks the progress of the association has been great; last year the board reported that 374 policies had been Issued, for an agglasgate of 69,2001.; they now announce that in 1847 d se y have issued 417 policies for 84,7501., being tie largest amount of business done in any year sine's the formation of the association. During the P".st year 527 proposals were made to the office, of which 412 were accepted, 57 declined, 14 withdrawn, and 44 waiting examination. " At the special meeting held on the 18th of Ja nuary, 1847, power was given to the board to accept proposals above 5001., but not exceeding 1,0001. on one life. Since then they have received nineteen proposals for sums exceeding 5001., of which ten have been accepted, three declined, six wait ing examination, and the board being desirous of using such enlarged power with caution, and until a fair average of such 1,000/. risks should be obtained, de termined to re-assure a portion in another office. From the commencement of the assurance the rate of mortality has been uuprecedentedly small, for up to the end of 1846 five deaths had only occurred, making claims to the amount of 600/. ; but although the rate of mortality, as given by the Registrar-General for the past year, has been in excess seven per cent. over ordinary years,:yet the association has only been called upon to pay during the year just closed 2,2001. upon eleven policies, being scarcely one per cent. on the whole amount assured. Two of these cases were re rnarkably illustrative of the value of life assurance. One was a sudden death from immigration fever, the other an accident caused by the incautious use of fire arms (not by the assurer, but strangers), both casual ties having occurred in Liverpool. Under this head the board have to regret the loss of their highly esteemed eollessgue, Mr. C. Lloyd, their late deputy chairman, hose zeal and indefatigable exertions commenced with the formation of the association, and only tertn'tnated with his life. " In accordance with rule 32, the first division of profits `will take place in 1848. The necessary data has been placed in the hands of W. Ratray, Esq., your. coustalting actuary, in conjunction with Griffith Da viers Esq., and as soon as the board receives these gPsntlemen's report the same will be laid before the members at a special general meeting. " The board, acting on the suggestion of the last annual meeting, convened a public meeting at the east end of the metropolis, on which asceasion G. F. Young, Esq., presided, ably :supported by J. A. Smith, Esq., M.P. The board, finding that other assurance offices were making in creased exertions to obtain business and disseminate the benefits of life assurance, deemed it their duty not to be behind hand, and being desirous of impart ing to the members in the country a full knowledge of the principles and operations of the association, sent a deputation to'Liverpool, Manchester,'Gloucester, Bir mingham, Bath, Bristol, Exeter, Cardiff, Merthyr, and Nesah, and the result was a strong desire on the part of members and friends that public meetings should be held. The board, to meet these wishes, and being desirous of cart.) ing out the views of the agents to promote the general welfare of the association, again sent a deputation to attend a public meeting, which was held on the 14th of October in Birmingham, over which W. Scholefield, Esq., M.P , ably presided, and subs equent l y, on the ksthof October, the wor shipful Mayor of Exeter, W. D. /sloore, Esq., took _the ch a i r at a public meeting held in that city. The board have the greatest satisfaction in stating that at all these meetings, whether public or private, the most lively interest was shown, and a strong feeling to pro mote the success of the association manifested, and tlae board have the pleasure of further adding, that their personal acquaintance with the medical refeseea and agents has fully confirmed the judgment exercised in their original selection. " The board, on the subject of deputations, desire to make one or two observations. First, the fact of personally coming into contact with country members 'who are unable to attend the public meetings in London is calculated to inspire confidence, and to show that the benefits of the association are common to all ; secondly, that they afford opportunities for explanation and information, which cannot be com municated by writing ; thirdly, that they afford the best means of diffusing more widely a knowledge of the advantages of the association ; indeed the depu tation received many pleasing instances of the effi ciency of such a mode of procedure, and of the gratification with which country members hailed their visit. The board, on the subject of deputations, express a strong conviction that by periodical visits to the provinces, that spirit which it is the aim of the association to encourage will be most efficiently pro moted. The board consider themselves, and the members at large, under deep obligations to those gentlemen who so kindly and ably presided at the public meetings, and to the persevering exertions of the agents and local committees in promoting them. By the balance•sheet, which had been duly audited by three members, and which had been open for the inspection of members one week prior to the meet ing, it appeared that although the Board had paid in claims, for the past year, 2,200/., it had increased the funded property by 2,500/., which now amounts to 10 r 500/., independently of the guaranteed fund ; the annual income from premiums and interest on stock being about 6,800/. " The report then alluded to the fact, that by Rule 7 four managers would go out of office by rota tion, but who offered themselves for re-election, and that two other members duly qualified had offered themselves as candidates. " The report, in conclusion, stated that the board felt that but one feeling would pervade the meeting that they had used their utmost endeavours to promote the prosperity of the association, that great good had attended such exertion, the board pledging themselves to unceasing endeavours, and calling upon every member, whether in town or country, to combine with them in rendering the Pro vident Clerks' Association one of the most useful in the kingdom." The reading of the report was received with re peated bursts of applause, that portion which stated that " in 1847 the directors had issued 417 policies for 8 4,750/., being the largest amount of business done in any year since the formation of the associa tion," being received with prolonged applause. The CHAIRMAN then went on to say, that it only remained for him to move that the report which had been read be received, adopted, printed, and circu lated, according to the discretion of the managers. Befor e , however, he put the motion he expressed his readiness to hear any observations which the members might think proper to offer. No response having w be n made, h e , a f ter a pause, put t h e mot i on, an d i t s-scarri e d unan i mously. Mr. Hoary then rose to submit the following mo tion for adoption :—" That the best thanks of this meeting be presented to the Board of Management for their a t tention and devotion to the interests of the association, and that the sum of three hundred pounds be awarded them, for their valuable cervices during the past year." In doing so, be said that the vastly increased amount of business that had been transacted in the life department of the association, during the last year, had much exceeded the very sanguine expectations he had formed, and he was sure the members would coincide with him, when he said that the success which had attended that department villa altogether beyond the expectations they had formed, when they enrolled their names as members. - -(Cheers.) There could he no doubt that the suc cess of the institution was mainly owing to the great exertions of the present managers, and to the gentle :nen who were instruzßental in establishing it.— (Rear, hear.) He had intended to move that a »greater amount of remuneration than that proposed , by him at their last meeting should be given to the directors for their labours during the past year, for those who looked at the quantity of business they had trans acted could not fail to be of opinion that they had been called upon to give a greater amount of labour and time to the institution than during the preceding or any former year---(Cheers)—but finding that such a proposition was contrary to the feelings ot the managers, he had deferred to their opinion.--(Cheers.) Mr. 11. B. REYNOLDS felt great pleasure in second, ing thee proposition, and as they had a great d ea l o f business to transact, he would content himself by saying that he a4reed most cordially in all that had been said by his friend. He considered that the report spoke far more truthfully and eloquently of the merits of the directors than anything he could urge oil their behalf—(Hear, hear.) The proposition was carried unanimously. The CHAIRMAN said—GeeeeleeeeN bn behalf of my -1 respectfully beg - to self and my brother *e'ctas, tender you our beat thanks for this additional mark of your confidence. Gentlemen, as one of the erieleel promoters of this association, I feel on this beeeeioni— the seventh time we have yearly Met der-r--delighted at seeing so much inter es t winced in the welfare - of the association—(lleasehrl'everr day convinces me that it is destined to become one of the greatest institu tions et" which this country can boast. Its ashen- takes develop themselves more and more es it i‘re gresses. The experience a the past .yeer'zhows its absolute necessity arid striking ireiportance. 2 2001. have been paid t o e l even farriSiles during that period ; and it is highly prnie..hle that those families would have bean l e ft • et'itirely destitute—at any rate they e7ould hair had to encounter much inconvenience and tilitttss—if this institution had not been formed to aid 'diem—(heer.) It may now be said that the so• ciety has placed them in a position et' comparative comfort. I need hardly say that we feel the deepest interest in the welfare of the institution, and that no exertions, no amount of labour on our parts, is wanting ;to promote its increased success.—(Hear.) IMn sure I am uttering the sentiments of those about me when I say that it is impossible for anybody of men to have a greater desire to promote the inte rests of any institution than those gentlemen have to promote the increased prosperity of the Provident Clerks' Association.—(Hear.) No body of men could feel greater interest in its welfare, or put for ward greater exertions to promote that end, than they do.—(Cheers.) You, of course, can aid us very much, as the report has mentioned ; every one, how ever humble, can do something to promote so good a work. i Let it be borne i n m i n d th a t i n di v id ua l exer tions increase our aggregate strength, and that in promoting the objects of the institution by the intro duction of new members, you are benefiting your selves as well as your friends.—(Cheers.) You have recently been informed, by advertisement and circular, that four directors, whose term of office has expired, offer themselves for re-election. The expiration of the term of office of a similar number takes place every year, and a very wholesome provision I consider it to be. The names of the gentlemen who retire and offer themselves for re-election are Mr. John James Iselin, Mr. William Jeremiah Jordan, Mr. William Maitland, and Mr. W. S. Sawtell. The gentlemen who offer themselves for election are Mr. John Parry, of the house of Messrs. Fletcher, Alexander, and Co., and Mr. Charles Reed, of the firm of Tyler and Reed, printers. Now, unless both these gentlemen retire, there is no alternative but to proceed to a ballot. (After a short pause)—l merely waited to know whether the " silence" of these gentlemen " gives consent." Assuming, then, that they intend to go to the ballot, I think it my duty to state, on behalf of the gentlemen with whom I have co-operated so long, that they are every way, in my opinion, entitled to your confidence.— (Cheers). I think it right to state thus much for the information of those who have taken an active part in the opposition which is about to be offered to their re-election. You have, by your recent vote, approved of our past proceedings, and unless some good cause can be shown for removing those gentle men from the board who have worked well I confess I really cannot see what object will be gained by those who oppose them. I trust my word will be taken ; I know several gentlemen here; I have known them long ; and they will not believe that I would speak thus of my colleagues if I considered that they did not deserve the eulogy I have passed upon them. I feel I am but discharging a duty I owe them when I say that the gentlemen with whom I have co operated so long and so satisfactorily, and without the slightest manifestation of dissension, are worthy of your confidence, but at the same time it is for you to exercise your judgments with respect to them, and to decide whether you will give your confidence to them or to the gentlemen who will be proposed to•night. Each gentleman will be nominated, and each pro poser and seconder will have an opportunity of stating the merits of each candidate, and it will then be for you to judge, as I have said, who are the most fitting to be elected managers. I have great pleasure in taking the lead by proposing the re-election of INIr. J. J. Iselin. Mr. JEEPS proposed the re-election of his friend Mr. Sawtell, and said he did so with a great deal of plea • sure, because he had devoted a great deal of his time to the promotion of the interests of the institution, and was well conversant with its working, and he need not tell the meeting that time was required for the mastering of its details. He was sure that the energy he had used in the past would be put forth with in creased energy in the future, if they were pleased to re-elect him. Mr. NISSEN seconded the motion. Mr. COLSMAN wished to offer a few observations to the meeting. They had arrived at that period of the business when the gentlemen who wished to propose a new candidate must either elect to proceed or stay their proceedings, and when the gentleman already nominated and seconded might, by a withdrawal of the new candidates, be elected without opposition.— (Hear, hear.) After the way in which the nomina tion of the old managers had been received, it was obvious that they would be re-elected; ke, therefore, advised the new candidates to withdraw their preten sions. If there was a stimulus wanting to induce them to re -elect the gentlemen so proposed, it west° be found in the report. That, he considered, was a sufficient reason why they should all be re-elected. If they had prospered well for six or seven years, and found that each year the number of policies and the amount assured had increased—if the past offered anything like a guide of what would be done in the future, as he, considered it did, then was he justified in sayimg that these gentlemen had done their duty, and that they, as Englishmen, ought to invest them with new authority to carry out to a still greater extent the grand objects which the institution had in view. —(Hear.) He was confident he was ad dressing an intelligent body of men, who well under stood and appreciated the high motives by which they were actuated; and, looking at the success which had heretofore attended the institution, he considered that they ought to give these gentlemen a renewed certi ficate of their confidence in them.—(Cheers.) Mr RICHARD BELL thought that after the speech of the gentleman who had just resumed his seat it would have been as well if the new candidates had at once signified their intention of withdrawing their opposi tion.—(Hear, hear.) He quite agreed with the rules of the society, which enabled those gentlemen to come forward upon the present occasion, but if those rules were annually to be called into play, the effect would be most ridiculous, and highly injurious to the in terests of the institution. In some of the committees of the corporation of London, upon occasions when they have any important work to do, which would be interrupted by the returning of some of the members by rotation, they frequently make the chairman per manent; the consequence was that the new in-coming members get into such a habit of deferring to the chairman on account of his supposed expe rience, that it becomes a confirmed habit with them, and an undue influence is thereby possessed by the chairman. No injurious effects would, however, follow to this institution by making the chairman permanent, because, were the officers to be changed every year, they would have the chairman and some of the directors, instead of giving instructions to the clerks and subordinate officers, receiving instructions themselves from these parties. He really thought it a most preposterous thing to be continually electing inexperienced persons as directors of the institution, and if such were done he, for one, should have con siderably less confidence in the institution than he already possessed. He had effected an assurance with the society, but would not have done so had he believed that the constitution of the board would be liable to continual changes. He knew nothing at all of the new eandidates ; he believed they were per fectly honourable men ; but he thought it was the duty of the meeting to endeavour to protect their own interests, and he did not know how that could be accomplished better than by securing the services of those gentlemen who had already proved themselves good and worthy men, and able to promote the prosperity of the institution.—(Hear, hear.) The rule ought, in his opinion, to be a dead letter so long as it was not necessary to apply it to any individual of the board who by his conduct might have become obnoxious to the institution or to society generally ; bat so long as those gentlemen entitled themselves by their conduct to the thanks of the society, it was advisable that they should not be re moved from their seats at the board.—(Hear, hear.) Mr. H.B. REYNOLDS had b een connec t e d with the society from its commencement, and it was with deep regret that he now saw two new candidates offer themselves for election when there was no vacancy existing, for they could only succeed at the expense of two tried and trustworthy servants—(Hear)--- he thought that they would be showing a want of justice, or at least a wa n t o f cour t esy . S uc h con d uc t would have a bad effect upon the board of manage ment. Any person that the meeting might send up to the board would no doubt be received with the right hand of fellowship, but it would be a source of regret to them if they were dismissed without any fault of their own. Ile did not think it would be in human nature if it were otherwise. Their directors were in some sense their servants, and there was a vast difference, as many present knew, between serving a grateful and an ungrateful master. There would be no doubt the same conscientious discharge of duties, but the heart !would not b in the work.—(Hear.) He did not know a better way of throwing a wet blanket over the concern than by dismissing those persons who had hitherto performed their work well. —(Hear, hear.) He thought, therefore, that if those gentlemen who were candidates would withdraw, that act would create a strong claim in their behalf when ever any vacancy might occur at a future period. Mr. H. K. SMITHERS said that the meeting appeared to be fighting a mere shadow. No person in his senses could suppose for a moment that either of these gentlemen would be elected. The meeting seemed to think that some wonderful danger was hanging over the institution. He for one was not so frightened of the result, and had no doubt that the meeting would warmly support the four gentlemen whose names were before the meeting for re election.—(Cheers.) Mr. CHARLES READ said that he was one of the candidates, but that he was not one of the " opposi tion." He was before the meeting as a candidate from very different feelings to that of opposition.— (Hear, hear.) When he proposed his name, at the solicitation of several members of the institution, it was simply because he thought that at that time a vacancy had occurred in the election in consequence of the death of the late lamented Mr. Lloyd. He did not therefore agree with the gentlemen who had termed this a factious opposition, and urged the necessity of nipping the monster in the bud in order to prevent the institution from suffering. He believed that the success of the institution rested upon a much more secure basis than the efforts of those gentlemen who had hitherto ably performed their duties as directors.—(Hear, hear.) He had a full confidence in the - direction as a body, but he thought it was a wholesome regulation that when any member of the direction retired there pa sh tle o n u e l iA should be e Nsroamgtineolialatlin p pause o before his re-el ec ti on t oo k similar to Institution, to this vi'asadop a t nd adopted it was found to ; work well. (Hear, hear.) He deprecated any system which tended to detract from the honour or merit of any men, or which said " we are better and ye are worse," or supposed th a t the gentlemen on that sid e o f the green baize were better than those who sat with him upon the benches. They were all honourable men—(Hear, hear)—and they were all determined to establish the institution upon a secure and widely extended basis.—(Hear, hear.) He thought that the operations of the insti tutioe sei,e, , lit be vtry considerably' extended in the provinces. By restricting the system nothing was gained; they must endeavour to be catholic in their Mr. ISELIN would have abstained from addressing the meeting on the present occasion had it not been for the observations offered by one of the new can didates, Mr. Reed, viz., that the board of manage ment were sitting as an aristocratic body on one side of the green table, as contrasted with the body of the members then assembled. Mr. Iselin, on this occasion, took leave to assure Mr. Reed, that if he imagined that such observations would tell upon that meeting, he had greatly underrated the quality and intelligence of the audience he was addressing. Mr. J. J. ISELIN said that he believed the rule to be in general a healthy one, and he thought that the meeting ought to make a bona fide use of it, provided however, they had sufficient reason for so doing. Now the reasons which had been given were some thing like this—the present directors were like the old spider, their web was wrought out and they were of no further use. He did not think that such was the case. He did not approve of the law which had been referred to as being in operation in the National Provident Society. He believed that rule rendered it compul sory upon two of the directors to go out and remain out for one year. When the directors were well up in their work, the interruption of one year would be most fatal to the interests of the institution. He fully acquiesced in the right of every institution to turn any man out of the direction who had wrought himself out, or who was negligent of the duties he owed to the concern.—(Hear, hear.) He never sat among a more united or more zealous body of men than the present directors. There was a perfect unanimity of feeling among them ; and if any dif ferences did arise between them, they were adjusted with a celerity which he never saw equalled, and which, he was sure, could not be surpassed. Mr. Reed had alluded to the extension of the institu tion to the provinces. He (Mr. Iselin) hoped the time would soon come when Mr. Ree d might become the cultivator of the provinces. The directors had already, by deputation, visited those fields of en terprise, and if they had not succeeded to the full ex tent of their wishes, it was because distant manage ment was not equal to local management. Vast fields also required vast capital, and he thought that the meeting would excuse the directors for declining to commence more than they were able to compass.— (Hear, hear.) He did:not think that anything could exceed the zeal of those four gentlemen who go out.— (Hear, hear.) If the m ee ti ng were reso l ve d t o turn any Of them out he begged of them to turn him out, as he was the least useful of any of the mem bers of the board. He was, however, not the least zealous of the board. He did not make use of the term opposition in any offensive manner.—(Hear.) He thought the distant prospect of the vast fields of enterprise which, as if by enchantment, had been opened out before the eyes of the meeting, which could not be realised because of the want of the ne cessary funds, was a mere chimera ; and if no better reasons could be found for the present opposition he thought it was brought forward upon very insufficient grounds.—(Hear.) The following gentlemen were then appointed scrutineers on the part of the board :—Messrs. J. Clark, J. Smith, W. Brown, R. Bell, and H. B. Rey nolds ; and on the part of the meeting, Messrs. Lar mond, Primet, Smithers, Howden, and Bower. While the preparations were being made for taking the ballot, The CHAIRMAN then declared the four first gentle men to be re-elected managers of the institution, amid much cheering. Mr. J. J. ISELIN then rose to address the meet ing, and was received with considerable cheer ing. He had been requested by his three bro ther managers to return thanks to those pre sent for the honour they had done them in re-electing them managers of their valuable insti tution, and in so doing he must confess that neither they or he regretted the discussion that had taken place.—(Cheers.) Although they did regret the in convenience and loss of time that had arisen in con sequence of opposition that had taken place, at the same time he trusted that the observations he made would not be construed into imputing any vindictive or improper motives to those from whom the opposition emanated.—(Cheers.) He was bound to admit that the new candidates had explained with great fair ness the grounds on which they had come forward—(llear, hear, and cheers) —and after that explanation no person could for one moment suppose that any offence was intended to any one.—(Cheers.) On the part of the three gentlemen and himself, who had been re-elected managers, he had no hesitation in saying that they were all satisfied no offence was in tended to them—(Cheers)—but at the same time they could not but feel that those gentlemen who had come forward that evening, strangers as they were, bad done so under rather peculiar circumstances. — (Cheers.) Mr. Reed had only lately joined the institution. He (i\ir. Iselin) hoped that he would long remain a member of it, as he was sure, from his statements that night, he would be a valuable one. — (Cheers.) With respect to Mr. Parry, he understood that he had been connected with the association for a much longer time. Now, with respect to that gen tleman, it appeared to him that he, being the suc cessor of their late lamented and respected vice chairman, Mr. Lloyd, in the office in which he had been employed, that he had been informed by some of the gentlemen connected with the association, that if he only got himself elected as a manager, that he would be on the high road to fill the office in that institution which the late Mr. Lloyd had done, and that, in short, like the pupil of the prophet of old, the mantle of Elijah might fall upon Elisha.—(Cheers and laughter.) Now, it had been said that the chief object in proposing the two new candidates for the management was to infuse new blood into it; that object was most commendable when necessary, but he could assure those who enter tained such an opinion, that their fears were wholly groundless, as by the immutable course of events great changes were continually taking place in every institution, and not less at the board of management of that than any other.—(Cheers.) As an instance of that, and in order to show that new blood was continually being infused into their board of management, he might state that during the course of the last year two gentlemen had been added to their board of management—Mr. Lintott and Mr. Dawson—and four gentlemen the year before ; so that at all events five new members had been elected to the board of management within the last two years.—(Hear, and cheers.) He mentioned this in order to show that the fears of those who thought their board of management was always the same were groundless—(Cheers)----and they might depend upon it that the board of management of that association would never be anything like a standing aristocracy—(Cheers)—therefore whatever jealousies might exist they might depend upon it the very force of circumstances would always give them an opportu nity of having a board of management, happy, willing, and ready to do everything in their power to further the interests and objects of the association.—(Cheers.) In conclusion, he begged, on behalf Mr. Jordan, Mr. Maitland, Mr. Sawtell, and himself, to return all present their best thanks for the honour they had done them in re-electing them on the board of manage ment, and at the same time to compliment the gentlemen who had been opposed to them on the extreme moderation of their opposition, and the fair, open, and candid manner in which they had explained their reasons for coming forward. Mr. CHARLES READ trusted the meeting would pardon him for making a few observations.—(Cheers ) He exceedingly regretted the steps that had been taken on his behalf. He felt grateful to the 26 gentlemen who had voted in his favour, and could assure them that he felt honoured, though astonished, at 26 votes being recorded on his behalf. He trusted all present would accept of his best thanks. He had prcposed himself as a candidate under error, and he was sorry for it.—(Cheers.) He had not as yet heard why a vacancy hadinot been declared ; perhaps some gentleman would be good enough to enlighten him upon that point. He was proud and happy in be longing to the society. He trusted that he should continue to do so for many years to come, and that the expiration of every twelvemonth would show its increasing prosperity.—(Cheers.) Mr. Jr. W. WeLCH, the deputy-chairman, thought that it perhaps might be more delicate towards the Chairman, if he explained why a vacancy in the board of management had not been announced. Last year that board was placed in a most curious pOsition. He alluded to the illness of no less than three of its members, of which he was one ; he was laid upon a bed of sickness, and in such a state as to render it very improbable that he would ever be able to resume his seat at the board again. Another member, Mr. Maitland, was in a similar position ; and Mrnsloyd, whom, he regretted to say, they had had since lost, was in a very delicate state of health. It was to provide against this contingency that it was thought advisable to propose two to the board, as it could not be told what might happen. It was his happy lof to be enabled to say that he had perfectly reco vered, but since then they had lost Mr. Lloyd, and it had not been deemed necessary to fill up his place. —(Cheers.) It was, to the best of his belief, the reason why no vacancy had been announced. Mr. THOMAS (the late Chairman of the Associa tion) rose, with great pleasure, to move a vote of thanks to the present Chairman for the able manner in which he had conducted the proeeedings of the evening, and for the general attention he had paid to the interests of the institution.—(Cheers.) He had worked with that gentleman for some time, and was convinced of his anxiety on all occasions to do his best for the interests of the society. Although he (Mr. Thomas) was not now the chairman, he was as anxious as when he:was so for the interests of institu tion and if it was in his power to promote the benefit of the association he should be most happy to do so.—(Cheers.) He wished to see the benevo lent fund placed upon a better footing. He thought it required some change to make it more attractive to clerks and the public generally, more especially to those whose lives were not assured. He thought it could be altered so as to make more certain provision than it did at present. He trusted that the board of management would hereafter take the subject into their consideration, and if they did he was in hope the day was not far distant when they would see the fund large and effective.—(Cheers.) The worthy gentleman concluded by moving the cordial thanks of the meeting to the chairman. The motion having been seconded, put, and de clared to be carried, amid much cheering, The CHAIRMAN rose to return thanks. With re spect to the observations of Mr. Thomas, he could assure him that the board of management had always solicited suggestions from the members of the asso ciation, and they would be most happy to receive any from Mr. Thomas, and, if possible, adopt them.—(Cheers.) If that gentlemen would only forward to the Board of Management his views he could assure him of the F reatest attention being paid to them.—(Cheers.) they would likewise be most happy to receive any suggestion or plans from any other gentleman.—(Cheers.) They had all one common object in view, and that was the interests of the association. The worthy chairman concluded by returning his sincere thanks for the honour that had been done him. Mr. liownsx said before the meeting sepa rated, they had another pleasing duty to perform to one to whom they were all indebted for the kindness, urbanity, and willingness he always displayed in giv ing information to the members of the association, and to whose exertions they weregreatly indebted for the success of the institution.—(Cheers.) He alluded to their worthy secretary, Dr. Mullinder.—(Cheers.) He thought all would agree with him that they ought 'not to separate without carrying unanimously a vote of thanks to the worthy Doctor for his strenuous ex ertions in their behalf.—(Cheers.) The resolution being seconded, The CHAIRMAN put the question amid much cheer ing, and declared it to be carried unanimously. Dr. MULLINDER rose to return thanks, and in doing so was greatly cheered. It was not his inten tion to trespass for more than a minute or two upon their time at that late hour.. He would only say that he believed it to be one of the proudest moments of a man's life, placed in the situation in which he was, on coming personally into contact with his fellow members, to find that he had secured, not only their respect and esteem, but their friendship.—(Cheers.) He believed he had done his duty to the best of his ability, and had been at all times ready and willing to give to every member requiring it all the informa• tion in his power. He was delighted at the success, the continued and increasing success, of the institu tion, not only in London but in the provinces.— (Cheers..) They had sent the glad tidings of the I benefits of the association to Liverpool, to Manches ter, to Birmingham, to Bristol, and to Coventry, and be could assure them that the bearers of those tidings had in areiy instance been Waved with open arms, a A.lblon .... • • • • • • • • • • Alliance Brit. and For. 31.109. 6 per cent. 61. per cent, l i 13s. 6d. pr sh. 7s. per share 51. per cent. 31. A e. d. 500 0 0 100 0 0 100 0 0 50 0 0 50 0 0 100 0 0 100 0 0 50 0 0 50 0 0 50 0 0 20 0 0 4 0 0 20 0 0 Ditto Marine. • • • • • • Nati ... • • • • • • ..... • • British Commercial •• Ciericl,Med.& Gen• Life Caunty .• • . • • • • • • • • • • eagle .. • • . ..... • • • • Eng.& Scot. Law • • •• European Life ••• • • • Family Endowmr t Soc. k'reemasons' . • • • • • • • • Giote Guardian • • . • • • • • • • • • !lupe:jai Fire • • • • • • • • imperial Life .• • • • • • • indemnity Marine • • • • Law Fire • • • • • • • • • • • • Law Life— •• Legal and General Life L.7r,dc.n Fire • • • • London Ship •.••. • • • Med. Invlld&Gen•Life National Leaa Fund•. National Life• • • • • • .• • Palladium Lite • • • ..Phoenix otector Life 51. per cent. 5}6 per cent. if. & 51. per cent. 61. per cent. 51. per cent. 12 per ccnt. 11. sh. & ha, 11. Ss. 14%1. per ct. 51. per cent. 81. per cent. 51. per cent. 41. p. ct. & bs. 51. per cent. 11. 55. 45. Si. per cent. 61. 10s. 11. 65. 10%1. pr cnt.' rc.videntLife•• ••.• •• Rock Life.. •••• •• •• itoyal Exchange auu Fire•• Ditto Life Universal Life Victoria Life . Stock. 100 0 0 1500 0 0 100 0 0 100 0 0 160 0 0 100 0 0 50 0 0 25 0 0 25 0 0 100 0 0 50 0 0 20 0 0 100 0 0 50 0 0 20 0 0 1 00 0 0 5 0 0 bteck. 100 0 0 .£ a. d. 50 0 0 11 0 0 5 0 0 5 6 8 5 0 0 10 0 0 10 0 0 6 0 0 5 6 0 2 12 6 All paid. 4 0 0 3 0 0 36 10 0 50 0 0 10 0 0 5 13 1 2 10 0 10 0 0 2 0 0 12 10 0 12 10 0 15 0 0 2 0 0 2 10 0 5 0 0 2 0 0 British • • •• .... ...... Ditto Provincial.. • • Bristol • • • •• • • • • • • •• Brighton • • •• ...• • • .. City of London .. • • •• CentinentalConsolidat. Mr. PAIMETT seconded the motion. Mr. BELL enquired the qualification necessary to be possessed by those seeking election as managers ? The CHAIRMAN replied that an assurance for 3001. and the payment of 11. Is. annually to the benevolent fund, was the qualification required. Mr. BELL inquired if these conditions had been complied with in all cases ? Ditto, New .......• Equitable.... • ... •• Imperial Independent •......•• London • .... • • .• • • • • 85. 101. per cent. 51. per cent. 101. A2s. pr share 15s. pr share ass. pr share 6/. per cent. 61. per cent. 2 /. pr cent. 61. per cent. Si. per cent. 51. and bus. 4%/. pr cent. 3/, 12s. JC. e. d. 40 0 20 0 0 20 0 0 20 0 0 100 0 0 50 0 0 NI 0 0 50 0 0 50 0 0 40 0 0 50 0 0 60 0 0 50 0 0 100 0 0 50 0 0 60 0 ( LO 0 0 1 0 0 10 0 0 0 10 9 Price 64, 2 ad 120 214 14% 4% Paid. Price. i A. s. d. The CHAIRMAN replied that the managers had in every case complied with this provision. Mr. BELL wished to know if the same observation would apply to the new candidates ? The CHAIRMAN said it did. Mr. BELL said he was opposed to this provision, and wished to avail himself of every opportunity that presented itself of opposing it. He wished to know distinctly if each of the new candidates was assured for 3001. and paid 1/. ls. a year to the benevolent fund ? The CHAIRMAN replied that one of the gentlemen bad been an assurer for some time. Mr. Reed had become a member since last September, and had paid but one quarterly instalment of the premium upon his share.—(Cries of " Oh, oh l") Mr. J. W. WELCH (the Deputy-Chairman) said, before he proposed the re-election of the gentleman who stoodliext on the list (Mr. W. J. Jordan), he wished to say a few words with respect to the elec tion. He quite agreed with the observations of the Chairman, that they possessed a wholesome power of control over the Board of Management, because they ‘‘ ere thereby enabled to dispossess any member of that board who had improperly performed his duties, when his term of office periodically expired. The Provident Clerks' Association was an institution that required from its managers a great degree of attention ; it was necessary that they should possess mature experience, and, in short, it was an institution which required the devotion of more time on the part of the managers to it than was ordinarily required in the management of life assurance offices, because they were aware that the labours incidental to a benevo lent fund were combined with those of an ordinary life assurance office.---(Hear.) He could, therefore, reiterate, in the strongest terms, the statement of the Chairman, that every gentleman who had a seat at the board had done his duty, and promoted the in terests of the association to the best of his ability.— He was not at all aware of the nature of the opposi tion intended to be offered to the re-election of the four gentlemen whose names had been mentioned. (Loud cheers.) The only ground he had heard stated for the election of the two new candidates was the necessity of infusing fresh blood into the constitution of the board.—(Cheers and counter-cheers.) That was, he admitted, a very wholesome principle, if the constitution of the board was unhealthy—(Loud cheers)—if the blood did not circulate freely, it might be necessary to infuse new blood ; but, standing there as one of the managers, he declared—and he challenged any one to deny the statement—that the blood had circulated freely, and that the constitution of the body was healthy. He looked round him, and beholding the new members— the new blood infused at the last election—he con fessed he had yet to learn why any opposition had been got up to the gentlemen now about to retire, but who, in accordance with the ordinary custom, offered themselves for re-election.—(Hear, hear.) The power they possessed was wholesome and ealtt tary, because they were enabled to put a check on the further proceedings of those who had done wrong; and if there was no charge against these four gentle men, the exercise of the power they possessed on this occasion was injudicious, inasmuch as such a proceed ing was eminently calculated to cause confusion in their affairs.—(llear, hear.) He was addressing himself to a body of gentlemen connected.with the com merce of the country, and he would explain his view of the matter by a plain illustration. If the junior partners in a house' of extensive business were removed at the expiration of one or two years, and if the clerks were changed every ye a r or second year, what he would ask would be the state of the affairs of that establishment ? Why it was obvious that the business would by these frequent changes have got into a state of the utmost confusion, as it required time to enable a man to become acquainted with the details and the practice of an office.—(Hear, hear.) The illustration applied with still greater force to an institution like this, as time was required to enable those elected to the management to learn its details, its nature, and its character ; and if they were to be removed after acquiring this information, or as soon as they acquired it, the interests of the institution could not thereby fail to suffer.—(Cheers.) He had not the pleasure of being acquainted with either of the candidates; therefore in the observations he had made he trusted they would recollect he had only spoken as his duty to the institution dictated. The members of the National Provident Institution passed a resolution twelve months ego to the effect that a certain number of the old uotungttrz.riouLl reziro that they would not be eligible for re-election for some time; but so objectionable had the rule been found, that a Mr. WELSH said that the institution was deeply indebted to the medical officers for their skill in the examination of the various applicants. To the local agents they were also much indebted. He had great pleasure in speaking of their zeal ; they appeared to have the benefit of the association at heart. One of the agents, Mr. 111'Lea, of Liverpool had sent up that morning four proposals, for the sum of 1,3001. They were also indebted to the labours of their excellent ac tuary, Mr. Rattray, and to the solicitors of the society. He had therefore great pleasure in moving—" That the moat cordial thanks of this meeting be presented to the medical officers, both in London and the provinces, to the local agents and committee, to the consulting actuary and the honorary solicitors, for their valuable services during the past year." Mr. JORDAN seconded the resolution, which was unanimously agreed to. Dr. MumanDsa, the Secretary, then said that he rose with considerable pleasure on the present occa sion, for a twofold reason ; first, because this was the first day that the Provident Clerks' Association had emerged from its apprenticeship —they had completed their seventh year; secondly, because this was the anniversary of the birthday of one of th e mos t bril liant stars that ever trod this earth—a man noted not only for his scientific attainments, but also for his philanthropy, H e alluded to D r. ' Franklin, the that question, he thought he could trust himself with father of the psess_,. and as his resolution bore upon that little exordium.--(Cheers.) The press had stirred up the best sympathies of man, and pointed them to a refug e and a harbour of safety.—(Hear.) And he knew of no better harbour or safer refuge than the Provident Clerks' Association. He did not say the press had merely stimulated and urged many to join their association, but he was proud to see before him members of the fourth estate, not only in London but in the provinces, who were then provident clerks themselves, who assured with them, and went hand and heart with their operations.—(B ear, hear.) In their travels through the provinces they had many opportunities of meeting with gentlemen connected with the local press who had afforded them the most at s sfac to tor w y h a o s m s assistance, and gratitude was he thought that they would be on ly doing their duty by rendering gratitude to satisfactory most certainly due.— (Hear.) He would, th ere f ore, b eg to move— " That the best thanks of this meeting be presented to the g entlemen of the press, both London and provincial, for their continued able advocacy and support during t h e past year." That the press had accomplished much they must all admit, and he only wished that the press would make the few lines that he was about to read to them as universal, as it was a perfect picture of a man trusting to his own exertions, and a man trusting to casual and eleemosinary charity. The extract he was about to read was front the "Life As surance Almanac." THE WIDOW AND ORPHAN'S FRIEND. 4,1/nen God remoVed Papa to Heaven, And Ma was left to strive for seven, With scarce enough for burial fees, (So lingering was poor Pa's disease) Though full of grief, We ' d no despair, Relations spoke so kind and fair. Our Grandpa said that he for one Would think and see what could ho done; Our Uncle William and our Aunt Hoped we would not come to want; But Mother's brothers talked the best, A grea t deal kinder than the rest. They said that home they'd take us all, Only t h e ir rooms wer e f ew and small; We'd promises from Uncle Page, To push us forward when o f age. They then went home; but stop, I miss— They gave us every one a ki ss. And said, be good and mind Mamma, And we will be to yuu Pap a , SG much engaged, were they at home, For many weeks they co u ld not come Until they heard 'Mamma had found A writing for five hundred pound, Which some Insurance -office paid. So Ma commenced a genteel trade-- And then they came —it seemed so funny— To beg Mamma to lend them money. rut Ma said no, if you are poor, A trifle will your life insure ; And then the office (our best friet.d) Whenever your good life shall c.d, Will comfort to your orphans send." Seconded by Mr. LINTOTT, and carried unani mously. The meeting then proceeded to the election of four managers, in room of Mr. J. J. 14 ; -1 :7; , zir . W. J. Jordan, Mr. W. Maitland, and Mr. W. S. Sawtell, who went out of office by rotatipn. The ballot having been concluded, Phcenix ....... • • • • .. Ratcliff •.• • . . United General •• •• • • WedtminaterCkartered Ditto, New •• •• - • .. ►a o o ! 17 4, 19 I 0 t 23% too 0 e ' 290 39 5 0 54 37 10 0 51r y 50 0 0 50 0 0 803 v 40 0 0 64 60 0 0 - 50 0 0 - 45 0 0 35 140 0 0 80 60 0 0 . 17 .554,ixd 10 0 0 ! 11% LIST OF SCOTTISH COMPANIES' PRICES. _ - Dividend Amount Name of Company. per of Paid. Price. Annum. Share. ---- - X s. d. £ s. d Bank of Scotland British Linen Company 81. per cent. 100 0 0 100 0 0 201 Caledonian Bank •• .•• 81. per sent. 10 0 0 210 0 4 City of Glasgow Bank . 61. per cent. 10 0 0 10 0 0 114 Clydesdale Bank •• • • Commercial Bank •• • • 71. per cent. 500 0 0 100 0 0 1553 p Eastern Bank .... •• • • 61. per cent. 25 u 0 10 0 C 109 Edinb.& Glasgow Bank Si. per cent. 5 0 0 5 0 0 51178 Exchange link of Scot 6l. per cent. 100 0 0 50 0 0 484 Isle of Man. Company 71. per cent. 10 0 0 70 0 81. National Bank 6l. per cent. 50 0 0 10 0 0 12% Northof Scotland Bank 71. percent. 20 0 0 5 0 0 1l North British Bank .• • - 50 0 0 10 0 0 614 Royalltank of Scotland 61. per cent. 100 0 0 100 0 0 143 Unionliank of Scotland 81. per cent. 100 0 0 50 0 0 • 8414 Western Bank ••• • • berleen Fire and Life 121. per cent. 12 10 0 2 0 0 815.6.1. •Accord. Life and Fire - 20 0 0 011 0 9s. British Guarantee Ins. - 10 0 0 1 0 0 9s. 6d. Caledonian Fire Insur. 101. per cent. 100 0 0 10 0 0 22% Church of Eng and Ins. - 50 0 0 2 0 0 2 City of Glasgow Life 5l. per cent. 25 0 0 2 0 0 21. 8s Edinburgh Life Insur 5l. per cent. 100 0 0 12 10 0 174 East of Sc .- Aland Life - 10 0 0 015 0 12s. Eng. & Scot, Law Life 51. per cent. 50 0 0 217 6 241, Hercules Insurance Co. 71. per cent. 100 0 0 10 0 0 liN Incur. Co. of Seetind•• Si. per cent. 100 0 0 10 0 0 7 Life Assoc. of Scotland 51. per cent. 10 0 0 1 0 0 11 5> Mercantile Life - 10 0 0 010 0 Bs. National Fire and Life Si. per cent. /0 0 0 1 0 0 246. North British Incur. •• 54 /. pr cent. 200 0 0 20 0 0 23 North & West of Soot. - 10 0 0 1 0 0 11. la Scottish Life and c-luar. - 20 0 0 0 11 0 % Scot. Mac. and Gen. Life Si. per cent. 1 0 0 015 0 13a. 60 Scottish Union Insrncs. 6V. pr cent. 20 0 0 1 0 0 11. la Stan lard Life United Dep. Assurance 51. per cent. 10 0 0 1 0 0 12s. DOCXS. ' Dividender o Amount f p Name of Company. red. Price. Annum. Share. ------ -- - ---- x a. d. X I- d• - 70 ummercial .• •• ..... 41. per cent. Stock . - East and West India... 61. yr cent. Stock. East Country - 20 - London -••••• • • • • • • Si. pr cent. S tock . Ditto Bonds •••• •• • • 41. per cent. - - - C. K &Marine ••••• • . • 5 per cent. Stock. - 81xd Ditto BondS •• • • - - - outbnmpton •• • • .... 21. per cent. 50 0 0 50 0 0 i 22 WATER-WORKS. • 1 Dividend Amount Name of Company. 1 per of Paid, Price. Annum. Share. • --- -- - X s. d. X 5. d. ---- Birmingham. •• • • •• •• I 185. 25 0 0 25 0 0 - East London..• • • • •• • • 81. 100 13 40 0 - 166xcl Grand Junction ••• • • • 2/. 1 3/. 100 os. 41 0 0 B2 Kent • • ..... • • • • • • • " - 84 Jew Rivr Lndu Brdge 21. 108. 5B Vauxhall .• ••••- • • .. i 100 0 0 - 104 West Middlesex • . . 51.15s.prent. 63 12 9 118 - BRIDGES Dividend Amount Name of Company. per of Paid. Price 1d .. A .. nn . • ..C:187. 11. ss. 4d. Annum. X. Sh s a . re d . . £. s. d. 8 :---- o a l u I n t i g h t e t wr o rf i lc rd . N w . d vr . : t i t u o . b e . . f A . 7 ; 1 . .. - - - - - 632 12 $ - 234 Ditto Nw of 7% p.c. 355. per cent. 50 0 0 100 0 0 - Di - 71.25.2 d - 5% VauxhallDitto Waterloo - Av. 1/. 16s. 70 1 - 0 0 60 0 0 28 40 0 0 26 - 28 MISCELLANEOUS. Dividend Amount Name of Company. per Paid. Price. Annum. Share. of £.s. d. 'X. s. d. Australian Agrlculturl - 100 0 0 30 0 0 - Anglo-Mexlcan Mint., 11. 48. 10 0 0 !10 0 0 - Ditto, Half Shares.. - - ' 210 0 -- Canada ............. W. per cent. 100 0 0,32 10 0 - Uppr Canada Bonds 51. per:cant. -1: - -- City Bonds.. .... - - - Comp. Cppr Mars Eng. 51. per cent. 100 0 0 70 0 0 - Oen, Revers. & Invest. sp. c.& bs, 2/ 100 0 0 100 0 5 100 Equitable iteversienry 434 1 . pr cent. 100 0 0 95 0 0 90 Gea. Steam Navigation 11. Bs. 15 0 0 14 0 0 London Institution . • • - - - P Peninslr & Orient.Stm. 21. per cent. 50 0 0 80 0 0 094 Reversionary Int. Soc. 3341. pr cent. 100 0 0 1100 0 0 45 Royal Mail Steam •• • • 3341. pr cent. - South Australian - Van Dieman's Land , - 100 e 0 23 0 0 4 Universal Salvage• •• • - 2 5 0 0 50 0 - --- INDSOR, TUESDAY EVENING.--Her Majesty and the Prince Consort took early walking exercise this morning, accompanied by the Prince of Wales and the Princess RoyaL In the afternoon her Majesty and the Prince Consort again walked out, and visited the Royal Mews, to inspect the preparations now making for sculpturing the inscriptions and devices intended to be placed over the entrances of the ♦arious departments of that noble bnilclir.g . , and which were h.ft unfi?i,h(zl by the late Sir Jeffry Wyatville, the architect, at the time of its erection. M. de Lamartine, having recovered from kis late indisposition, hu arrived in Paris. nisunaNcE COMPANIES. Name of Company. Dividend per Amount of Share. ArirlUM. rald. GAS-LIGHT Name of Company. AND COMM CO: Dividend Amount per of Annum. Share. 8 10 0 4 0 0 , ANIES. • S U N o ')\ --- • STRAND TIC l ATRE. Last evening the performan at this little f heatre were for the benefit of Miss ,Coleman, on which occasion she was supported by snarly old favoun'tes of the play-going public. The pieces selected were Penley's sterling farce of The Sleeping Dr aught, Is he Jealous? Matted Falcone, and Me Pantomime. Of the acting in the first-named farce we must speak in the highest praise; never have we seen atberry, who sustained the character of Popolino, richer in humour than he was last night. Mr. Henry, as Yaldo, the Dr. Vinculo of Mr. Yarnold, and the Bruno of Mr. Rogerson, were each well sustained. Miss Terry, as Nonna, acted as she alone, in her pt ,:nliar line, can act; she also sang a very pretty song, was rapturously encored. Is he Jealous p folloZedi in which Mr. H. St. C. Percy sustained the characte: of Belmour excellently. Miss Love, as Harriet, elicited trs;Sluent rounds of applause. ()sherry's clever petite drama of .2iatteo Falcone fol- lowed. This drama was chosen, we suppose, for the purpose of showing the versatility of the acting of Miss Jane Coleman, and never have we seem her to greater advantage than we did last evening, when she appeared in the character of Fortunate Falcone. It is undoubtedly her greatest character. The origi- nal song, but set to a new and very pretty air by Mr. G. Yarnold, was sweetly sung by Miss Coleman, and narrowly escaped a double encore, and we hare no doubt, when published, it will he found on the music-stand of every pianoforte. Mr: Huff!, as Matted, was very good, and Huntley, as the corpora!, was humorous in the extreme. Miss ColetnaSi was twice called before the curtain, and during the even- ing received the plaudits of a delighted audience. There was some very pretty dancing during the evening by Miss Gilbert's clever pupils, Miss L. Coleman, Miss Mosely and Miss Lewin ; the Cachuca, by the former and a medley by Miss Mosely, were encored. The Pantomime concluded the performance of one of the most successful evenings of the season. DEATH OF PROFESSOI FINN MAGNUSEN. The announcement of the death of this distinguished Icelander will be received with sorrow by all friends of Northern philology. He was born at Skalholt, in Iceland, in the year 1783. Having shown pro- mise of those attainments for which he was Afttl' wards so deservedly celebrated, he was sent at an early age to the University of Copenhagen, wherss her completed his education, and took the usual degrees. Having turned his attention for a time to the study of the law, he returned to Iceland on his father's death in 1800, and was appointed an advocate in the Supreme Court at Rejkjavik, the capital of the island. In this position he remained with little interruption till the year 1812. when he left Iceland and established himself permanently in Copenhagen, in order that he might devote himself exclusively to northern literature and science. His profound learning, and rare powers of imparting that learning to those who listened to him, coupled with his amiable manners, soon secured for him the friendship of the most distinguished men of the day, and his late Majesty King Frederic VI., as w sll as his present Majesty King Christian, were pleased to bestow on him especial marks of their favour. In 1815 he was made Professor of Northern Literature in the University of Copenhagen, and in 1829 Keeper of the State Archives ; he was also a Knight of the Order of the Dannebrog, si ed of that of St. Anne of Russia. As might be expected, t t: s ts was ever foremost in advancing the cause of Icelandic litezure, and took an active part in founding the various societies which have sprung up of late years in Copenhagen for that praiseworthy purpose. He was succs7ssl7lY, secretary, vice-president, and president of the Iceiss n ' ""ociety of ic literary . society, and on the foundation of the Royal is, Northern Antiquaries, of which the Crown Prins - Denmark is President, Professor Finn Magnusen was elected Vice-President, an office which he filled with I mola . till the day of his death. Of his uu lerous works it will suffice to mention the greatest. Theseare,: The Theory of the Edda and its Origin ;" in whichthe rise and progress of the old Northern beliefs as to the relations of Gods and men, the Cosmogony of the 1. 7 , orth, in a word, are traced to their origin in the East, while at the same time those beliefs are compared with, an l illus- trated by the Cosmogonies of the Indians, rersile-'' s ' and Greeks, and other peoples. He was also one of the editors of the second and third volumes of the grub edition of " Seamund's Edda," and, if we mistake not,, sole compiler of the voluminous mythological lexicon which forms by far the greatest portion of the third volume. In his work, entitled " Runatno og Ru- nerne ' " he was the first to throw light on the pales°. graphy of the North, and to propound rational ideas on the Runic system of writing. Besides these great works he took an active part in preparing the various editions of early Icelandic works which have been brought out with equal taste and criticism by the Arnas magnsean Trustees, by the Icelancic Literary Society, and by the Society of Northern Antiqtories ; and in the transactions of those societies numberlesss articles are to be met with by his hand, almost up to tst'e period of his death, all testifying that he retained to last his love for that science to which he had devoted .k t is life, and for his native island, which has preserved uncorrupted during so many centuries a language the early literature of which surpasses both in beauty and abundance that of any European people. Professor Finn Magnusen, who, during a visit to England some years back, became acquainted with many to whom his memory is still dear, had been in ill-health for some months before his decease, which took place at Copenhagen on Christmas Eve. From what we have already said it will readily be conceived that his death has caused a blank in Icelandic litera- ture which will not easily be supplied. GENERAL THEATRICAL FUND. --(Under the patron- age of her Most Gracious Majesty. )—We are happy to. • learn that Sir Edward Bulwer Lytton, Bart., has con- sented to take the chair at the annual dinner of the above excellent institution, at the London Tavern, on Monday, April 17. WEST LONDON ANTI-ENCLOSURE ASSOCIATION.— At the last committee meeting of this association, at Clarke's-rooms, 114, Edgeware-road, Jan. 17th, Goodwin Barmby in the chair, H. D. Griffiths moved, and Mr. Clark seconded, the following resolution, which was agreed to, viz., " That a vote of thanks be accorded to Colonel Peyronnet Thompson, M.P., for an additional gift of books to the library of this association ; and for instructing the association in the way to maintain foot- paths, &c., by the presentation of that for which no advocate for footpath rights should be without, viz„ the sth and 6th of William IV., on Highways." The chairman also presented a volume to the library. Most kind and encouraging letters were read from the Colonel, and after a warm eulogium from the chairman upon the Colonel's merits, the meeting was adjourned till the fol- io', ing Monday, at half-past seven for eight. FIRE AT BETHNAL-GREEN.—Last night, about a quarter past ten o'clock, the neighbourhood of Bethnal- green-road was thrown into a state of considerable bustle and confusion, in consequence of the sudden outbreak of a fire of a most alarming character, upon the premises belonging to Mr. Laws, a bread and biscuit b a k er, ca rrying on business at No. 78, Gibraltar-row, Church- street, Bethnal-green. An instant alarm was spread, and Mr. Laws and his family were without delay ap- prised of the outbreak, which had barely been done when a large sheet of flame shot through the windows, and with such fury did th e fi re travel, that it was at one time 'eared the whole o f t h e cont i guous houses would have 'alien a prey to its fury. Notwithstanding the efforts of e firemen and an abundant supply of water, the work sf destruction continued, and it was not until past eleven o'clock that the fire was safely got under, and not until every portion of the premises, with the exception of the front shop, were destroyed. The total loss is considerable. OUR NATIONAL DEYENCES.—Last evening a meet- ing of the inhabitants of the borough of Southwark was held at the Bridge House Hotel, London-bridge, for the purpose of petitioning Parliament against any addition to the existing naval and military forces, the enrolment I of the militia, or the establishment of additional for- tresses. The meeting was got up under the auspices of the London Peace Society. Apsley Pellatt, Esq., was voted to the chair. Samuel Sturge, Esq., moved the first resolution, to the effect, " That the meeting believing the system and practice of war at variance with the true principle of Christianity and the interests of mankind, deeply regret the attempts now making to excite the public mind to believe war imminent, and to make an , addition to the military establishment of the country. He maintained that a large military force always en- tailed a deterioration in the morals of the people. G, W. Alexander, Esq., seconded the resolution. The re- solution was put by the chairman and carried unani- mously. The Rev. J. Burnett moved the second reso- lution, whieh was as follows :—" That the meeting desires to record its deliberate conviction that the ap- prehension of war and invasion is unfounded, and that an increase of the existing naval and military forces of the empire, whether by the enlargement of the army, the: enrolment of the militia, the establishment of ad- ditional fortresses, or by any other means, is not only uncalled for and unnecessary, but must inevitably tend to destroy rather than make peace, lower the tone of public morality, obstruct improvement, and aggravate the commercial difficulties of the nation." The reso- lution was seconded by A. B. Stevens, Esq., and carried by acclamation. A petition to Parliament was then adopted, and the meet i ng separate d . •, MANCHESTIR.—DARING HIGHWAY ROBBERY. — About a quarter past one o'clock on Saturday, the Rev. T. N. German, the head master of our grammar school, was driving out in his gig, accompanied by his wife and daughter, up the Cheetham-hill• road, and had driven as far as the entrance to Eaton-park, and on turning down the rural lane which leads from Kensal Moor to Middle- ton, and known by the name of Sheepfoot-lane, all got out to walk, and sent the gig on a short distance before them. They had not proceeded more than about thirty yards, when two men rushed on Mr. German, and each presenting a pistol to his breast, demanded his money. He begged that they would not do any harm to the ladies, and he would give them what he had. He then delivered to them his gold watch, and purse, containing all the alone) h. , toad. an 1 the villains made off across the fields. No time was lost in giving information to the police, and in the coarse of the evening two men were apprehended in the neighbourhood of Blakeley-street, on suspicion of the robbery.—Liverpool Mercury. gree) ST