The Express.
London, England, 1865-07-22 00:00:00

lUSIX!Lt.

London awl County Beak, and all Its branches.
Iteeirs. Prescott, Clots, Cave and Care, Threadliftlileltreig.
POLICITORS.—Iiceirs. Chappell and nhoar.i, ne, °olden-puma
tnotunn—Henn. Manna. Marshall and Co ..1. Lombard-Wed.
SICORSTMIT.—John White Orem.
Head 011tee-7,
Nakao Department—ri, Thraidnestreet.

PhOSPECTUS.
This Company has bola tonged to take over the bushier of
the Accidental DeeBt isemessee Company—the easel.* ornate.
Moe and cemtal of which pee Paw Pound to be tooonvensent and
inadequate to Its racially largely extended operations.
That company (empowered by spend Acts of Parliament, 15 I
Vie. c. 68, and 21 and ig Vic.. 11. M. was founded In Nig, with a
seedeal capital of a 350,00. 41a 50,000 shares of .e 5 each, of which
19,006 have been issued. The following statement, embracing
the amount of prmehoos since the commencement of the Com.
pasty. shows the progrembre and steadDy incnsaing nature of its
operations.
TBS AOCIDBNTAL
1850 .. f1.2:73 1 el 11166 ..k18,060 10 8 1909 ..5A%290 ri 1
1061 .. 2,068 16 7 1960 21,763 3 2 1801 .. 42,283 12 6
1852 .. 6,36611867 .. 26,6303 ^ 3lO 1881 .. 44,64416 9
1963 .. 10,761 3 9 1808 .. 33,1136 0 0 1863 .. 41,365 19 3
1864 .. 14,183 13 9 1630 , 41,764 S 8
The Income of this Branch for bat year was £40,483 19n. lid.
The claims in respect of the above premiums have not ex-
ceeded 60 per cent.
The business of the Company has been to provide any amount
at death, from accidental causes, from 9.50 to £2.000, or any
amount of weekly prov talon during complete disablement, from
10a to LAI per week, or to provide a sum at death and weekly
compensation together, at arranged rates of premium The ad-
vantages to the community of this system of insurance must be
:4T:t, and the figures above manifest the manner in which
re been appreciated by the public. The capital of the
Accidental Death Insurance Company has hitherto compelled the
Directors to limit the moos 1 ssurod, thus confining the advantages
of insuring to a certalo class. With the larger capital and In-
fluence of the proposed corporation insuranen may be panted
to ea extent which it is believed will attract large numbers of the
hiCr end more wealthy cleaves.
Accidental Death Company commenced underwriting in
1902, but the suesessful development of operations in Marine In-
surance has been retarded by the Inappropriateness of the name
for a =ado. company. With however-a
change of title and ron-
ditutlon, and an adequacy of capital, the Company will without
doubt obtain that support to which it is fairly entitled.
The accounts of the recently formed Marine Insurance Core.
patsies, which have exhibited good dividends, and shown pro-
spects of great value, leave so doubt on the minds of the Directors
that at say rate equal =COMB will attend the efforts of the cape
ration In this direction. The services of a gentleman of experieues
have been secured as naderwrlter.
The extensive =eatery of &Puts which that are between
4,000 and 5,000) is to inn work, and is of peatvalue—indeed the
Directors confidently believe that all that is required to *acme a
rapid increase in the existing burdens is a proper adaptatiou of
modern requirements se regards capital and position.
A provisional agreement has been made with the Directors of
the Accidental Death Imarsuce Company, whereby the business
will be handed over to the Cerporation a. from the let July lard,
with the calms, staff, end ageute. Yoe every two Shares of A 6
with Al paid, held by the Propristore of the Accidental Death
Insurance Compaey, there will be given a certificate of one
there of the Aceddeetal and Marine Insunoce Corporation
(Litnited:," with 1.6 paid. This will absorb 19,0.0 Shares the
A remaining 30,000 are offered to the public.
oopy of the articles of association may be seen at the office,
No. 7, Banklialldinp, and at the Mims of the Solicitors and
Brokers of the Company.
Applications for share', accompanied by a remittance for the
deposit, may he made to the Beakers, Brokers, and to the
Secretary as the Chief Unice, on the accompanying form.