The Express.
London, England, 1864-04-20 00:00:00

THE INDEPENDENT FIRE INSURANCE
COMPANY Illtotted).
Capital, One 111111 ton Marling. In 10,010 Mazes of Ltit each.
El per there to be paid on when/Eon, and Al 10a. per there on
allotment.
Cans not exceeding Ll per share, at interval' of not 1e than
three months.
_ DIIICTOILS.
_ . _

John Downes, Eq. (11fissers.13;;;;;snnd Snort', rpper Thames-
street, director of the ;National Prelim:dal Marian Insurance
Company.
George Hamm Esq., merchant, Se, Ltimbard.street
John Injede., Esq., Cembragedmase, Lee park, Kent.
William Knight, isq. (Messrs William knight and Co.), SL
Lombardetrent.
Beery Ledgard, Selorest-hill. Kent.
George S. Symons, (llloam O. L Symons and Co.), 20 and
11, St. Dunstan .
John L Tibbs, Esq. (Messrs. J E. Tibbs and Son' Threadneedle-

street. Dizeitor of 'the Staffordshire Rolling StOck Company.
Jamas Istahara, Esq. (Messrs. James Luau= and C 0.,, 1140..
street* Borough.
Jaber Vow. req. (Bern. Vow Week, and Co.:, Billiteroquare.
iSaltar Brod* Bea.. 13, Delsinere-servere. Hyde-pars, lase
member of the loom of Representatives, New Zealantl.
(Influential names to Manchester and bverpoot will be 11111 De•

diets(' added to the Directtoit.)
Bumr.as—Tba MarupaWan and rrovuunal Bank. 79. Corn-
MU. /1.C,.
. - .

8011=014—Mew& lietnnet7aii-diitark, 4, Furnirarwinn.

Holborn.

118oEass—Nevi. BeruttoB;t7llon, 81, Old Br.BBl.Btreet.
AruirtaLs—Mraos. Cash and lidwards, Public Accountants,
Tokenhouselard. Le.

GIDINAAL AID RkaiDNS? MANAGES—Yr. Robert Steers.
SWAIM ,IT—Mr. George Dry. [lodges.
0111ceo—tto, Nlebolmoßtoe, Losubardoireet, LC.

This Company has for Its purposes the transaction of the
Important and remunerative business of Fire Insurance, and
that oalg to the exclusion of other branches of business is q
unusually associated with it, under the same direction and ope-
rating on one and the same capital. The Directors are mtl,fird
that the scope for the business of Ire insurance presented by
this country and its dependencies, is, as • eonimertial specula-
tion, deserving t.f paramount attention : and the contract being
one terminable annually, the profiteer Wesarising, determine in
like manner, lyear by year, and exhibit at once • Company's
financial position, and its resources.
White the partial rewired n of the gm insurance duty now In
the contemplation of government, and applicable only to the
insurance of stank to trade, will alfori a comparatively limited
relief Von' the onerous oppression, the directors have resolved
to allow upon payment for every policy and afterwards at each
renewal, au lineseinate drawback, which, in many instance.,
will amount to • total extinction of the entire duty of threw
shillings per cent.
To the public at large, and to the greater proportion of the
manuftrcturi ng and mercantile community. this arrangement
will prove • highly acceptable advantage. The drawback
allowed by • few of the older offices by way of per ceotage on
premiums, at intervals of year., is of importance only to thus
who are rated at prendurits miming chiefly from one guinea per
emit. upwards, and is participated in only by those who may
have premiums to he renewed at the period of the making of
these returns whereas b the principle adopted by this Co m•
pony, the owners of the closes of risk of is more ordinary
occurrence, are they who will be more the substantialiy, and at
the same time promptly benetlted.
The concession to be thus made to the public will certainly be
the means not only of increasing In their respective amount. in-
surances now existing, tut of multiplying to • very large extent
the number of insurance contracts in this country and is colonial
0011124111008...

The insurable property In this kingdom alone, including its
enormous and increasing importations arising from the +ler in-
terchange of tariffs, la believed to approximate to r.5,0u0.000,000,
rheteas Ll,Sue,ooo,ouu only is insured : thus leaving nearly
thom.foorths of Ute insurable amount altogether unprotected
from hex
_ . .

-It would be difficult to And any clan of investments which has
yielded such large profile as the shares of well conducted lire
of icee The sharp of the older *Men have increased in value
Immensely. being, in one ease, at a premium of about 1.300, and
in soother of nearly 2,080 percent. on the sum, originally paid up.
I lie Isicreased value of the shares of afters established within
the last twenty yes». stands at from 80 to Wn per cent.
It is under t h... circumstances, and considering the immense
field presented for operations to come. that the directors bay*
taken advantage of so favourable an opportunity to offer to the
public the benefits of the principle of business now a 'opted by
thew and they have every reason to believe that by Its special
feature sad the public support which that must necessarily In-
vite, the undertaking will speedily be productive of th. beat
monetary
. . . .

The executive will be entruste.l to ofilms of tried experience
In the business of fire insurance. ant the Directors hare
already matured arrangsmienta lot the immediate establishment
of Ave bandied agencies.

The famines 7leolre to aim the most unqualified &issuance to
the public that nothing of the nature of frivolous objections t,
a prompt and iihensl settlement of claims for compensation will
ever be entertained or countenanced by them.
Forms a application for &bares may be had at the Offlces
of the Company, nr of the !Wolters, Renters, or Solicitors. In
the event of so allotment being made, the deposits will be re-
turned in full.