The Press.
London, England, 1854-11-18 00:00:00

NOVEMBER 18, 1854.

THIRD ANNUAL REPORT
OT TEL
147•THRLOO
LIBEL EDUCATION, CASUALTY, AND SELF-BELIEF
ASSURANCE COMPANY,
Preeentod at the General Meeting of Proprietors, at the °aloes,
No. dO5, Scraud, London, on Monday, Not. 13th, 104.

The DIRECTORS of the WATERLOO LUIS ASSURANCE
COMPANY feel much pleasure in meeting their Shareholdere
upon this their Third Annual Meeting, and in reporting to tom
toe continued and successful progress of the Company.

Since the last Annual Meeting, twelve months of severe trial
have tested the stability, not only of the modern °dices, but of all
old-established undertakings. mu doebt and patutul uncertainty
ever attending the rupture of those peaceful pursuits in which
commerce links the civilised world has withdrawn the growing
attention which had fixed itself upon matters of social progress,
and, for a time, has turned aside a large amount of the
iutelli-
gont consideration with which, at length, the subject of Life
Assurance was being regarded.

Nor is this ; the calamity of war, by its consequent pressure
upon the money market, and by its having eubjeoted the whole
trading population to the more pervading evils resulting from the
high price of provisions, and the additional taxation which it was
found necessary to impose, has, to a very considerable extent,
drawn into other channels those previously available sums, to
which the principles of Life Assurance, and of all such prudent
means of investment, had bithortolaid claim.

Notwithstanding this, and above the pecuniary difficulties of
the past year, the WATERLOO and SUCCEZIB continue to be iden-
tified. Each year the Directors have expressed their belief in
the ultimate prosperity of the WATERLOO, and they are uuw able
to refer, with feelings of pride and satisfaction, to the proceedings
of the year just completed, in proof that their hopes have
been realised, and that the Company has attained a position even
beyond their expectation. The Directors, however, remind the
Shareholders, that it is upon the steady increase of the buainess
year by year that its future and permanent success must depend.
During the last year 634 proposals have been made to the
Directors. of which 483 have been completed, assuring the sum
of 0128,620, and producing the annual income of J 14,238. Of the
remaining proposals for assuring e 45,334, several are in course
ofJompletion ; others the Directors have deemed it desirable al-
together to decline. The annual income of the company, from
premiums alone, exceeds £11,400; the total number of policies
granted is 1,091, and the amount assured is £342,833.
When the Directors consider that, independently of interest
derivable from investments, the income exceeds £11,400 per
annum. they cannot but congratulate their Shareholders on the
position and progress of the Company.
It might reasonably have been expected that such an increase
Of business would have been attended with a comparatively large
amount of loss; such, the Directors are happy to announce, has
pot been the case, no claim having arisen from death during the
year. To this, so far as human foresight and skill could have
aided them, they have been indebted to the medical referees ;
and while they congratulate the Shareholders in their having
passed through a season of danger, occasioned by the late pre-
vailing epidemic, without loss, they are enabled to look hopefully
towards the future of the prosperity of the Company, to enable
them to meet with readiness the claims which must accrue, as
time diminishes the list of the first assured, and the purpose of
the Association becomes fulfilled.

The Directors have exerted a strict financial economy in the
working of the Company, and the entire expenses can only be
properly regarded as a profitable investment, securing a broad
and ample foundation for its more extended sphere of operations.
The Statement of Accounts, duly audited, in accordance with
the Deed of Settlement., which is this day laid before you, and
presented as part of tnis Report, exhibit the sound and prospe-
rous condition of the i!ompany ; and the Directors invite *awn-
ti in to the following letter, which has been received from the
Auditors:—
"Bth November, HU.
" Gentlemen—This being the third year that we have audited
the aoeounts of this Company, we cannot deny ourselves the plea-
sure of testifying to the admirable manner in which they have
been kept and presented to us in each successive year. Not
only do they show the great and progressive prosperity of the
Company, bnt reflect the highest credit on the efficient stall by
whom its affairs ate conducted.

" Wo have the honour to be, Gentlemen,
" Yours very faithfully,
(Signed) "J. A. DURHAM,
HENRY N 'CHOU, Auditors.
THOMAS PAUL,
- To the Director! of the Waterloo Life
Assurance Company."
In aeoortlence with the constitution of the Company, George
Mitchell, Esq., and Henry Smith, Esq., are the retiring 'Dire
tors, and, being eiiaible, offer themselves, and are recommended

by the Board of Directors, for re-election.
The Auditors who retire by rotation are Henry Niehols and
Thomas Paul, Esqrs., who offer themselves and are recom-
mended for reelection.

During the year many important agencies have been °stab.
shed, and greater efficiency has been Imparted to those &mealy
existing; and the Directore would call the attention of the Pro-
prietors to the important list of agents and medical referees,
whose continued and energetic exertions they beg iaost cordially
to acknowledge. Public meetings have been held in various
parts, and the Directors refer with lunch }lsasius to the
important meeting at Sheffield, presided over by his Worship the
Mayor, and to that in the borough of Southwark, under the pr et
sidency of Apeley Pellatt, Esq., M.P., In both of which places
branch offices have subsequently been established, which promise
the most successful results.
The Directors, having a due regard to the interests of the
P.ilicy-h,dders. sad feeling that the dividend last declared was a
fair int•rest upon capital invested—although the SUCCOVI of the
ompany would warrant a larger dividend upon this occasion—
they are disposed to recommend that interest after the former
rate of six per cent be paid (free of income tax), and a dividend
of six per cent is declared accordingly.
In conclusion, your Directore feel that they are not taking a
premature step, at the close of the third year of the Company's
that the W, -,Loo

Now ready, foolscap Avo., pried 3s. W., cloth,
BRITISH ELOQUENCE:
Literary Addresses, delivered at various Institutions, by
Sir E. Hulwer Lytton Sir Hobert Peel
Lord Brougham Dr. Lyon Play/air, C.B.
Thomas Campbell Lord John Russell, M.P.
Richard Cobden, M.P. Principal Soots, M.A.
'l'. Babinguni Macaulay, M.P. Sir James Stephen, LL.D.
Professor Masson Professor Wilson.
Loudon and Lilasgow ; RICHARD URIFFIN and Co.

Tr H E N A T I O N,
the ORGAN of IRISH RIGHT'S and IRISH INTERESTS,
is published Weekly at G, LOWER ABBEY-STREET, DUBLIN.
TEasts;—ti' epa, 4pbscriptions
lialf-MT, 1 . erb Ilayabloin ativenttki
At*E'retal Cite loWin
LONDON.
Maul ANDREWS, 19, Duke-street, Little Britain.
GEORGE ORPNVOOD, 82, Bishopsgate-street.
JoHN kloaxn, 19, Leicester-mit/aro—East side.
Mr. INTHERSTON, 31, Duke-street, Lincoln's Inn.
Also at Birkenhead, Bradford, Birmingham, Leeds, Liverpool,
Manchester, Sheffield, Wigan, Edinburgh, Glasgow, mud all
the principal Towns and Cities of England.
FRENCH MODERATOR LAMPS.—A very
huTwitßik supedor fisPammiriowuP et.tYPan*. Dray. and
Co.'s (opening to the Monument), I.ON DON-BRIDGE.
Established A.D. 1700.

jiIURNISH YOUR HOUSE with the BEST
ARTICLES at DEANE'S Ironmongery and Funtishtig
Warehouses. Established A.n. 1700. A Priced Furnishing List,
free by post.—DEANE, DRAY, and CO. (opening to the Monu-
ment), Lonikm-bridge.

OHUBBS' FIREPROOF SAFES and LOCKS.
These safes are the most seoure from torte, fraud, and lire.
Chnhbs' Locks, with ill the recent improvements, cash and deed
boxes of all sizes. Complete lieu, with prices, sent cid applies-
tion.—CH ÜBB end SON, 57, St. l'aul's•ehurehyard, London; 28,
Lord-street, lAverpool; ii, Murket•etreet, Manchester; end
H oriel eplields, Wolverhampton.

1103

NEW WORKS.

I.
REV. J. B. MARSDEN'S HISTORY OF
CHRISTIAN CHURCHES and SECTS from the EARLIEST
AGES of CHRISTIANITY. Part I. Syo., Gd.
[di floe wed qf the month.
TT.
PROFESSOR CREASY'S HISTORY of the
OTTOMAN TURKS, from the houudaUon of their Empire to
the Present VoL I. Syo. Nart week.
111.
OUR CAMP IN TURKEY, AND THE
WAY TO IT. By Mrs. YOUNG, Author of " Cutch," " Western
Indie," do. Poet Byo., 7e. Gl. (Neel week.

LIEUT.-COLONEL MUNDY'S
OUR ANTIPODES ; or, itosideneu at Roubles iu the Austra-
lasian Colouies. With a Olnupso at Wu bold Elekia. Third
Edition, BTo., with Illustrations. [Just ready.
LORD JOHN RUSSELL'S MEMORIALS
sad CORRESPONDENCE of CHARLES JAMES FOX. Vol.
111. evo., 14e. [un the 14 t.

VI.
LAMARTINE'S MEMOIRS of
CELEBRATED CHARACTERS. Thud and Cheaper Edition.
2 vols., 3.25. [Just Scatty.

VII.
WOMEN AS THEY ARE. By ONE of
THEM. By the Author of " Margaret ; or, Prejudice at Hone
and its Victims." 2 vols., 12s. [Just ready.

THE BUNGALOW and the TENT ; or,
s Visit to Ceylon. Hy EDWARD SULLIVAN, Author of
" Rambles and tiorambles in North and South America." Post
6,0., 7s. 6d.

n.
HAPS AND MISHAPS OF A TOUR IN
EUROPE. By GRACE GREENWOOD. Post Bvo., Ts. Od.

x.
HABITS AND MEN; with Remnants of
Records on the Makers of Both. By Dr. DORAN, Author of
" Table Traits and Something on Thew." Post dvo., 7s. nil.

RECOLLECTIONS OF LITERARY
CHARACTER S and CELEBRATED PLACES. By Mrs. A.
T. THOMSON, Author of "Newlin& of the Court of Henry
VIII." 2 vole., lbw

MATRIMONIAL SPECULATIONS. By
Mrs. MOODIE, Author of" Roughing It is the "Flora
Lindsay," tic. Port dro., 10s. thl.

ITIT.
IDALINE; a Story of the Egyptian Bondage.
By Mr.. WE 88, Author of "The Martyry of Carthage." Fcp.
Bvo., be.

London: RICHARD BENTLEY, New Burling,
(Publisher in Ordinary to her Majesty ).

BOOKS ON RUSSIA AND THE WAR.

JUST PUBLISHED,

I.
THE CRIMEA, THE BLACK SEA, AND
the BALM, including an Account of SEBASTOPOL.
By CHARLES HENRY SCOTT. Second Edition, poet
Svc., 7s. dd.

11.

OUR CAMP IN TURKEY, AND THE
WAY TO IT. By Mrs. YOUNG, Author of " Cinch,"
" Western India," Eta. Post Bvo., 7s. titL [Next week.
TIT.

SECRET HISTORY of the COURT and
GOVERNMENT of RUSSIA, By J. H. SCHNITZLER.
Second Edition, 2 vols. Bvo., ids.

THE FRONTIER LANDS of the
CHRISTIAN and the TURK. B 7 a British Resident of
Twenty Years in the East. Third Edition, 2 vols. Nvo., 284.