The Express.
London, England, 1853-08-13 00:00:00

THE EAGLE INSURANCE COMPANY.

Yesterday the annual meeting of the proprietors
was held at Radley's Hotel, New Bridge-street, Black-
friars ; Mr. W. A. PRACOCIL in the chair.
The CHAIRMAN said the directors were very happy to
meet the proprietors upon the present occasion, especial,'
as they had a very good report to make to them. That re-
port (which he would at once call upon the actuary to read)
would speak far better than he could hope to do. (Hear.)
Mr. JELLtcos then read the report, which wee as follows:
"The directors are gratified at being enabled to submit to
the proprietors the following very satisfactory report made
by the company's auditors. (The auditor's report was here
read, from which it appeared that the income of the year
from new premiums was 8,3171. 3s. 6d., from renewal pre-
miums, 90,3281. 19s. 5d.; and from interest, 38,3861. 9e. Id.
The claims ,were 64,2371. Os. 6d., and the amount allowed for
surrender of usurances, 1,6371. 4e. 3d. ; the expenses,
6,1011.85. 5d.; and the total assets 768.5961. 10s. 9d. exclu-
sive of the value of the assurance premiums.) It will seen
by this report that the new business of the year has con-
siderably exceeded the avenge of the last five years, while
the claims are less by 4,1721. 19s. 2d. than they were, one
year with another, during that period. The expenses,
owing to certain charges incidental to the recent divi-
sion of surplus are somewhat greater this year than pre-
viously. The total income of the year is 137,0311. 118.11 d.;
and the total outlay 91,858/. 18s. 6d. There is therefore a
surplus, after payment of all demands and making provi-
sion for every claim ascertained at the time of making up
the account, of 45,1721. 13e. 6d. It will be remembered
that the balance of the surplus fund was last stated to be
153,0391. 4s. 9d. This is now increased by the operations of
the year to 198,2111. 18s. 3d., subject, of course, to such
changes as may be found to arise when a re-valuation of
the company's assets and liabilities shall be made. The
directors have had occasion to sell out some stock to provide
for certain investments, and they are happy to say that it
has realised, as will be observed, 7,9431. Os. Bd. more than
it cost. Looking upon this as so much interest received
during the year, the assets at the commencement of it, viz ,
738.8841. 17.. 11d. may be considered as having yielded on
the average 61. 38.11 d. per cent. The assets, as they stood
on the 30th June last, were invested as follows :

Per an. or per cent.
£146,820 14 6 in government se-
curities, yielding £4,739 17 11 £3 4 7
342,674 13 9 mortgages 14,013 3 6 4 110
231,426 111 life interests 12,733 14 7 610 0
12,007 1 0 reversions
35,767 19 8 unproductive...,
1768,696 10 9 £31,967 1 8 £4 3 2
And the mean rate of interest yielded is as will be seen
41. 3s. 2d. per cent. per annum."
The CHAIRMAN moved the adoption of the report, which
was seconded by Mr. Trut.oze of Ditchburne, and carried
unanimously.
Mr. JAMBS GASCOIONS LINDE, the retiring auditor,
was then reelected. _ .

Mr. BARNARD moved a cordial vote •f thanks to the
chairman and directors for their exertions on bebelf of the
company. He congratulated the meeting up,m the pro-
gress they had made. Their affairs were in good hands,
and he was sure that if any further improvement were
possible it would be attained. (Hear, hear.)
Mr. Laiarrorr seconded the motion, which was carried
unanimously.
The Cuaismear, having acknowledged the compliment,
proposed a vote of thanks to their excellent officer Mr. Jel-
licoe. (Hear, hear.)
Mr. JELLICOI returned thanks, and a similar compli-
ment was then paid to the auditors. It was acknowledged
by Mr. Allen.
It was then announoed that the usual dividend of five
per cent. would be paid in the second week in October, and
the meeting broke up.

A LIFE RISKED AND LOST FOE SIXPENCE.—A few
days ago a party of young men were swimming some dogs
in a pit, called Crowther 's-dam, at Stockport, when one
of the animals became entangled in some weeds. The
owner offered 6d. to any one who would release it, and •
man named James Massey accordingly went in and swam
to the spot, where he became himself entangled amongst
the weals, and sank beneath the surface before any assist-
ance could be rendered him. The body was not recovered
till 4 o'clock neat morning. The pit was about 8 feet deep,
and was so remarkably filled with a network of weeds that
it was madness for any one to enter it. A sailor, who was
a good swimmer, had ventured in before the deceased, and
had only released himself from the entangling 'weeds by
resolutely biting them in two when they crossed his hands
and arms so as to impede his escape. The deceased has
left a wife and family. An inquest was held on the body
before Mr. 0. 0. Rutter, deputy county coroner, when the
jury returned a verdict of " Accidentally drowned."
CHANGE OF EMBEZZLEMENT.—At the Liverpool
police court yesterday, Thomas William Riley, a clerk in
the office of Messrs. McClune sad Tamplin, general ship
brokers, was brought before Mr. Nicol, charged with em-
healing several sums of money. The prisoner was in the
habit of collecting accounts for the firm, and on the 30th of
May he received the sum of 91. 4s. from Messrs. Francis
Robinson and Co. ; on the 29th July he received 111.
17s. Ild. from Messrs. Fitssimoni and Co., for which no
entry had been made ; on the Ist of July he received 161.
16s. Id. from Messrs. Paterson, Dunn, and Co., for which
only 121. ls. Id. had been accounted for. On Wednesday,
the book-keeper having drawn attention to some omissions
in his book, he left the office, and did not again return.
He was appreheded on Thursday evening, when he ad-
mitted having appropriated the money to his own purposes,
but supposed if he could refund the amount it would be all
right. When asked for his defence he stated he had nothing
to say. lie was fully committed for trial.
APOTHECARIES' HALL.—Names of gentlemen who
passed their examination in the science sues practice of me-
dicine, and received certificates to practise, on Thursday,
August 11: Alfred William Stocks, Salford ; Robert Austen
Allen, county Tyrone, Ireland; John Fos, Weymouth,
Demi.
AUSTRIAN ITALT.—The Venice Gazette, of the 4th,
publishes a sentence pronounced on the 27th ult. by the
court martial of Treviso, coademning a nobleman named
Antonio Rinaldi, to one month's arrest, and a notary,
named Antonio Fontana, to five weeks of the same punish-
ment, the former for having drawn up, and the latter for
having attested, a protest of costs and damages for the se-
questration of the property of Oniga Rinaldi, an exiled
nobleman, a tallith' to IL Antonio Rinaldi.