The Express.
London, England, 1864-04-22 00:00:00

THE INDEPENDENT FIRE INSURA3OII,
COMPANY CLindtticll.
Capital. One Mallen Stea 1ign.40,4011 Meares ed Ate oath.
LI par sham to be paid on Seaton, and al 10a per share on
_ _ - -

Cone not exceeding per share, ;;* Intervale of not lees thin
three months.
DRICTOILII.

John Downes, Esq. Means. Downes and Scott). rinser nalael.
street, director of the :Sational Ytortneial Marine Insurance
Company.
George Names, Faq., merchant, PI, Lombard etreet.
John Ingledew, Canibrictsolemse. Le* part. Kent.
William Knight, laq. ,Mara. William Knight and Co.;, SS,
Lombard-street.
Hear, ledsard, EffitA., FTest-ha Ken!. . .

Dejrg e TF. Froo ems. Symons and Co.), 20 sad .
m
21, St. Doostan's bill.
Jai N. Tibbs, Esq. ;!lava. J. E. Tibbs sod Son), Threadneedle-
street, Director of the Staffordshire lionise Stock Cowan,.
Juan Lanham, Eat. (Mean. J 11331411 Lanham sad Co.), Mil, High-
street, Borough.
Jebel oes, Req. Messrs Noes, Meek, and Co.), BCH
Walter Brodie, Faq., Delansere-terreee, ligde-t=araie
member of the Bowe of RepeasenteUree, New Zeolsod.
(Influential MANS to Manchester and I.lverpool will be tome-
&Maly added to the Direction.)

sAmu—Tbs conk-

blll. 7.e,

-Nam Bennett and Stork. 4. YWsd►lm.
Holborn.

grilllTOß—James EdmestoZ-itiq-.71.1.R. A., Croins-coart, Old

iv" ar.

Baociss—Meigra. Seruttoo al. Old Broad-West.
ArDtroes—Yesars.Cash and Idwar.y, Public Accession's,

Tokeabomayard, C.
GIOZIAL AND WISIDIF.I,7 MANAGIUt—Mr. Robert Stem
SICUTAIT—III. Greene Drew Hodges
01 Nicholas-lane, Lombard-street, E.C.
This Company has for its purposes the transaction of the
Important and remunerative Mime of Fire lasurance, and
that only to the exclusion of other branches of business not
ununtally 'modeled with It. and., the same direction and ope-
rating on one and the Lame capital. The Directors are satisfied
that the scope for the boomed. of fire insurance protested by
this country and its depeederides, is, am • teommerelei "pecula-
tion, deeming a paramount attention : and the contract being
one terminable annually, the profits or lees arising, determine la
like manner, year by year, and exhibit at once • Company's
financial position, and its resources.
While the partial real don of the fire Insurance duty now in
the contemplation of government, and applicable only to the
insurance of stock In trade, will steed a comparatively limited
relief from the °perms oppresatou, the directors hare resolved
to Wow upon paymeut for every policy and afterwards at each
renewal, an imusethate drawback, which, In many 'Mance;
will amount to a total extinction of the entire duty of three
per cent.
silleinC public at large, and to the greater proportion of the
manufacturing and mercantile community. this arrangement
will prove • highly acceptable advantage. The drawback
allowed by a few of the older offices by way of per center on
geemlnms, at intervals of years. Is of Importance to those
who are rated at premiums =Mug chiefly from One guinea per
cent. upwards, and ix participated in only by those who may
have premiums to he renewed at the period of the making of
these return.; whereas by the principle adopted by this Com-
pany, the owners of the clams of rbilt of the more ordinary
ocearreece, are they who will be more the aubliaatialy, and at
the same time promptly benefited.
The concession to be thus mode to the public will (*Moiety be
the means not only of increasing in their respective immune in-
surances now rotating, but of mu/Untying to a very large extent
the number of insurance contracts in this country aaditecolonial
connections

The Insurable property In this Meadow alone. Inclading Pa
enormous and lamming Importations arising from the erne In-
terchange of tariffs. Is believed to approrlmate to £6,000.000,1100,
whereas 41.800,000,000 only Is Insured : thus leaving Dearly
three-fourths of the Insurable amount altogether unprotected
from tom.

It would be difficult to and any class of investments which he.
yielded such large profits u the shares of well conducted lire
offices. The shame of the eider offices have increased in value
immensely, being, In one case. at asremium of about 1.300, and
in another of nearly 2,000 per cent. on the sunss originally paid up.
The increased 'slue of the shares of offices established within
the last twenty years, stands at from 00 to 200 per cent.
It is under these circumstances, and considering the immune
field presented for operations to come, that the directors have
taken advantage of so favourable an opportunity to offer to the
public the benefits of the principle of business now adopted by
them, and they have every reason to believe that by fts special
feature and the public support which that earn necewily it
• the undertaking will -speedily be productive of the beet
monetary results.
The earcutive will be entrusted to officers of tried experience
In the business of fire Imurance, and the Directors hays
already matured arrangements for the immediate establishment
of five hundred agencies.
The Directors desire to give the most unqualified amitrame to
the public that nothing of the nature of frivolous objections to
• prompt and liberal settlement of claims for eompeneation will
ever be entertained or countenanced by them.
Forms of application for shires may be had at the Offices
of the Company, or of the Broken, Bankers, or Salk:Mort In
the event of no allotment Whig made, the deposits will be rev
turned in