The Daily Times.
Liverpool, Merseyside, England, 1860-05-18 00:00:00

Xngitraurt a,Totirt,

rpHE THAMES AND MERSEY MARINE
INSURANCE COMPANY, London, Liverpool, 1‘12..
chester.—To be Incorporated under the Joint stock Comp:1111e'
Act, and conducted- on the principle of Limited Liability..."
Capital £2,000,000, in 100,000 Shares of £2O each. Dello''t
on application, £1 per Share; further Deposit on Allot-
ment, £l. per Share; Call Six Months after Allotment, £2 Per
Share.

DIRECTORS.
LONDON.
William Rushton Adamson, Esq., (Messrs. Adamson and Co.)
T. H. Reynell de Castro, Esq.
William Dent, Esq.
Philip S. Fletcher, Esq.. (Messrs. Fletcher, Alexander, and Co.)
Henry Alers Hankey, Esq., (Messrs. Lane, Hankey, and Co.)
James llarrison, Esq., (Messrs. "Young, Harrison, and Bevan')
James Hickie, Esq., essrs. Hickie, Berman, and Co.) .
Charles Kelson, Esq., (Messrs. Kelson, Tritton, and Co.)
Francis Matta, Esq., (Messrs. Martin, Young, and Co.) ,
Coleridge John Kennard, Esq., (Messrs. Heywood, Kennard'
and Co.)
(With power to increase their number to Ta
BANKERS.
Messrs. Barclay, Bevan, Tritton, and CO.
SOLICITORS TO TILE COMPANY.
Messrs. Freshtields and Newman.
BROKERS.
Messrs. Philip Cazenove and CO.
TEMPORARY OFFICE:,.
2, Austin Friars, Old Broad-street, E.C.

LIVERPOOL.
Robert Dirom, Esq., (Messrs. Dirom and Davidson.)
Robinson Duckworth, Esq., (lies rs. Nicol, Duckworth'
and Co.)
George \VilliarnEwing, Esq., (Messrs. Duncan ant Ewing.)
George Henry Horefall, Esq., (Messrs. Chas. Hors tall and SOO
Joseph Hubback, Esq.
Edward Johnston, Esq., (Messrs. Edward Johnston, S°ll'
and Co.)
Charles Myers, Esq., (Messrs. W. J. Myers, Son, and Co.
Charles Stewart Parker, Esq., (Messrs. Sandbach,
and Co.)
Charles Saunders, Esq.
John Swainson, Esq.
James Aspiliall Tobin, Esq.
Alfred Turner, Esq.

HANKERS.
Messrs. Moss and CO.
SOLICITORS TO THE LIVERPOOL BOARD.
Messrs. Duncans, Squarey, and Blackmore.

BROKERS,

Messrs. Horsfall, Addison, and Co.
Messrs. Thos. Tinley and eons.
TEMPORARY OFFICES.
1, Exchange-street West.
MANCHESTER.

James Burton, Esq.
George Dewhurst, Esq., (Messrs. Dewhurst and Sons.)
James Dugdale, Esq., (Messrs. Dugdale, Brothers,)
Thomas Fielden, Esq., (Messrs. Fielden, Brothers.)
David Harrison, Esq., (Messrs. Harrison and Sons.)
John Robinson Kay, Esq.
Sam. Mendel, Esq.
William Peel, Esq.
Josiah Radcliffe, Esq.
James Riley, Esq.
(With power to increase their number to Ticelce.)
Messrs. Cunliffes, Brooks, and CO.
SOLICITORS TO THE MANCHESTER BOARD.
Messrs. Sale, Worthington, Shipman, and Seddon.
BROKER!.
Messrs. Shore and Kirkman.
Mr. Thomas Warner.

PROSPECTUS.
The great development of commercial enterprise during the
last quarter of a century, the concurrent progress of 01
numerous Colonies, the extension of our Mercantile Navy,
the large introduction of Steam Power in marine transport,
have increased the property requiring protection against Re
Risks to an extent far beyond the means of insuring it.
In fire and life insurance, companies alone are now employed.;
and an increasing tendency to resort to them for covering ee
risks has long been manifested. In particular, when floatingcargoes are sold on the shipping documents, buyers invariably
prefer the policies of a company.
Every properly constituted and well-managed Marine Inanr:
ante Company hitherto established has prospered. Besides
the three companies recently formed, five have long been in
operation in London; and with what success appears frli
the market prices of their shares. Those of the Marine,
the one last formed, with £lB paid, now sell at £lll.
Three of these companies also do fire and life insurance
business; and it is remarkable that the two which take marine
risks only have been the most successful.
There are no Marine Insurance Companies in Liverpool ore
Manchester ; and it is admitted that there are not in °l
locality a number of individual underwriters sufficient tc,
effect the very large amount of insurances arising there.
The Vessels entering and clearing out from the Mersey
already amount to a yearly total of nearly Five Millions of TOO*
each way : and this tonnage is, and has been, for a very long
period, increasing at such a rate as to double itself every 9,11;
teen years. It is estimated that the Premiums paid Or
insuring these Vessels and their Cargoes do not fall short 0`
Three Millions Sterling par Annum • and that the corresponding
average Profits exceed a Quarter Of a Million. nt
A quarter of a century has elapsed since the establishine
of the last of the Five Companies above referred to. During'
this period the property exposed to marine risks, and incur:
able in this country, has increased to an extent which it 17
difficult to estimate with precision; but of which the follow/
figures, from the Accounts of the Board of Trade, will afford
some idea :

The declared value of Exports of the Produce and Mat,'"
factures of the United Kingdom was—
In 1834 £41,649,191
In 1844 58,584,292
In 1854 97,184,726
In 1859 130,440,427
Showing in this branch of our Export Trade alone, during tr
last five years, an average annual increase of upwards of 511
millions and a half sterling. tea
Of the value of the Foreign and Colonial produce expor
from this country no account was taken till 1854. In the'
year the amount returned was £18,648,978. In 1858 it te'l
M 3,174,023: showing an average increase of more than one
million sterling per annum.
The Shipping clearing out with cargoes from the Ports °I
the United Kingdom, in the Foreign and Colonial Trade alone,
had an aggregate burden—
In 1834 of 2,18.5,099 tons
In 1844 of 5,297,168
In 1854 of 9,507,721 ~
In 1859 of 10,242,624 ~
Showing an increase to nearly five-fold in the last Twenv.
five years.
Again the Shipping cleared out from British ports in the
Coasting Trade, which in 1834 amounted to 10,331,249
had in 1859, notwithstanding the transfer of much of this tape
to our railways, increased to 16,509,471 tons.
During the last ten years, a very lucrative field for Mari?:
Insurance has been, opened by the immense increase in tie.;
importation of the precious metals into this country, and the'
exportation to other parts of the world. In 1859, the Bullion
Trade, so fax as it appears in the Official Returns (which take
no account of the large parcels of gold passing by priiate
hands), had risen to the amount of £72,758,959.
By calculations based on these and other accounts of the
Board of Trade, it appears that the Field of Marine Insurance
is extending at the rate of at least Fifteen Millions SterliOl
per Annum.

Our conunoree having thus largely outgruais the mean
for its procee-uon agrainat marithne risks, it has beeo
determined to form the Thames and Mersey Company, with a
hoard at each of the three great centres of our commerce, e°
as to afford, in each locality, the same facilities for the invite'
diate transaction at business on a large scale.
These facilities will, by combining the operations of Londorl
and Lancashire. extend the basis of Average, secure a corrV_
ponding increase of stability, and proportionately improve the
prospect of return from the capital embarked.
A very lucrative business which has hitherto been diverted
into, other channels, and imperfectly transacted, will be tin_
while
retained in the localities to which it naturally belongs ;
Insurers resident in these Districts may, by becoming Shan;
holders, secure for themselves a portion of the Profits whic
now pass into other hands.
The Directors have spared no exertions in securing the
services of thoroughly competent and experienced tin''"
writers and other Officers.
Until Parliament shall extend to Insurance Companiea,ilift
privilege already granted to every other description o,l'
Stock Company, the Policies will, in accordance with the lai%
established practice of the London Offices, be so framed 1045
limit the liability of each Shareholder to the amount of
Shares.
'
Applications for Shares must be accompanied with a Banker aof
receipt for £1 per Share, in part payment of the Deposit
et
£2 per Share. Should the amount so paid exceed £2
Share on the number allotted, the surplus will be return;
eo
but if it falls short, the balance must be paid on Allotment,
„y
in default the Allotment will be cancelled. If uo
be made, the Deposit will be returaed without deductien3
t
Applications for Shares, [in the form annexed,] may beL,
through any of the Bankers or Brokers to the Company : fi
whom copies of the Prospectus and forms of Applicatian '
be had.
May, 1860.

FORM OF APPLICATION FOR SHARES.
TO TUE DIRECTORS OF THE THAMTS AND 3IFESEY MARINE
INSURANCE COMPANY.
Gentlemen, of
Having paid to your Bankers at Liverpool tke 5u1'2„,.04
£ , I hereby request that you will allot to me Shape
of £2O each, in the " Thames and Mersey Marine Instu7ni
Company," and I hereby agree to accept such Shares, Tie
smaller number that may be allotted to me, and to Pa,) ,t,4,
remainder of the deposit of £ on the 4hare4
and to sign the Articles of Association when required.

T am, Gmtlemen,
Name in full
Address in full
Date

180
No. Received the day of tifsrine
on account of the Directors of the Thames and Mersey , 01
ti , Insurance Company, from , the s
of , being the Deposit made in accordsu...,c-
with the terms of the Prospectus on an Application for ,"'
Allotment of Shares in the undertaking.
£ - , , Banke".

Aicg
THAMES & MERSEY MARINE INSUR
COMPANY, LIVERPOOL.

be
NO APPLICATION for SHARES in this Company ,an the
RECEIVED AFTER ONE O'CLOCK' on SATURDAY,
19th instant.—By Order of the Liverpool Board,
J. T. DANSON, Sec. pro ISO.
1, Exchange-street West, Thursday, May 17, 186

ESTABLISHED 1847.
GILBERT BROTHER 5
FAMILY GROCERS,
41, LIME-STRUET (OPPOUTE ELLIOT-STREET,
Are Selling much better E
4s. TEA & ls, 4D. coFF— .;
Than can be had at other Establishments in Liverpool, excel%,.
their Branches, at 121, SCOTLAND-ROAD, ISI, SCOTLA
ROAD, and 2. NEWINOTON, BOLD-STREET.
Families and the Trade supplied with genuine SPICE

Vhat THE FRIEND OF ALL !
OLLOW AY'S PI LL
NERVOUS DISORDERS. S '
•
rioui
is more fearful than a breaking down of the II! ni. or
system? To be exciteable or nervous in a small degree !! ',Tile :
distressing, for where can a remedy be found ? Here f take
drink but little wine, beer, or spirits, qr, far better, none; au
no coffea,weak tea being preferable ; get all the fresh airla,
can ; take three or four pills every night ; eat plenty of solids,
avoiding the use of slops ; and if these golden
followed, you will be happy in mind, strong in body, and forge'
you have any nerves.
MOTREES AND DAUGIPTER..
- '
h these ins
If there is one thing more than another for wine their
are so famous it is their purifying properties, especially in,
power of cleansing the blood from all impurities, and renlov, ;
dangerous and suspended secretions. Universally adopted
f'.
the one grand remedy for female complaints, they never fail
never weaken the system, and always bring about what It
required.
Stoic. HEADACHES AND WANT OF APPETITE. _
These feelings which so sadden us most frequently arisre pa:
annoyances or trouble, from bbstracted perspiration, ci. f.. •
eating and drinking What is 'unfit for üb, thus.disotderifig tvte.
liver anti stomach. These ()cleans must be regiilated if YAkt
wish to be Well. The pilLs, if taken qcCoriligif to, 1k5140.14
instructions? will quickly i Ilesltly Acllcua,.. IQ b 514, 17:er
and stomach, whence follow as 4
_RlOura eouseon-
once a good
4PPetite 444 tclfav 4e#4, IR the F*43% and 7eSt tidies scarcely
any other uiri—Cis ii ever um! 0-
hether they secrete
- ID all diseaseel)atr-74eringisth°Fes7e11)ost;gtilin'eF:.frdiTglia.rd' erg.
too much or too little water, or whether they be afflicted with
stone or gravel, or with aches and pain? settled in the loins
over the region of the kidneys, these pills should be tidou
according to the printed directions, and the ointment should bs
well rubbed into the back st bed time. This t
give almost instantaneous relief when all other means have
failed. treatment Will

Fou STOMACII! OFF OF ORDIR.

occasioned eitheif
Tahciedyitrea2h the liver, 4n;
No medicine so effectually improve the tone of the ito.
intemperance
cpeilolsr;imthperoypreermdioveetall
/educe it to a healthy action ; they are wonderfully efficaciog," cases of apasm,—in fact they never fail in curing all dio'.
13mya icnht earns
de re of the liver and stomach.

---
golloway's Pills are the best remedy known in the world Pr
. ' the following discuses : Ague Female Irregulari- Scrofula, or Ring's
Asthma
ties
Evil
Bilious Complaints Fevers of all kinds Sore Throats
Blotches on the Skin Fits
Bowel Complaints Gout
Colics
Headache
Constipation of the Indigestion
Eowels
Consumption
Debility
Dropsy
Dysentery Inflammation
Jaundice Tic Dolour
Tumours symptoo.
sSetocnonedaryand Gravel
...
Ulcers
Liver Complaints Worms of f '
row
Lumbago Weakness, _
Piles whatever cause,
Venereal Aalffieckintiall:
&e., ite-
Erysipelas Rheumatism
Retention of Urine 244,
ectable
Sold at the Establishment of Professor HOLLOWAY,
yilised
litraxd, (near Temple Bar,) London; also bhyouatlithreesePi
Druggists and Dealers in Medicines throug
4s nd-, 1""
world, at the following prices : Is. lad., 2s. 9d., 'om.ing bl
22s.,'and 335. each Box. There is a considerable
taking the larger sizes.
N.B—Directions for the guidance of Patients in owl Dv'
r der are affixed to each Box.
___..........±2

yhPrinted and Published b WALTER HENRY PEAT, °f No
jos
8, Wesley.str.
the Parish of Toxteth-park, .
0
Printing Establishments-3, Ratuestricx-rrxxxT (00128•
C40114;14,9 944 40, Latest-STRXXT, UTeirtAl:
:4AT Is, UM.