Northern Times.
Liverpool, Merseyside, England, 1857-07-20 00:00:00

PRELIMINARY PROSPECTUS OF

THE QUEEN LIFE ASSURANCE AND ANNUITY

COMPANY.

HEAD OFFICE : LIVERPOOL.

TIMTOBABY OFFICE: No 34, CASTLE-STREET, during the alteration
of the Company's Premises in Lord-street.

Capital, 47200,000 (with power to increase it to £500,000, in 20,000
Shares of .elO each. Call, it 1.
TRUSTEES.
Thomas Edwards Mols, Esq.; Christopher Bushell, Esq.;
and Edward Heath, Er.q.

Chairman: Ed.vard Heath, Esq.
Deputy-Chairman: Thomas B. Forwood, Esq.
James Thom is Bourne, ,Fsq. James A. Pict*. Esq.
Francis A. Clint, Esq. T. etamford Raffles, Esq.
Thomas B. Forwood, Esq. Sir John n. P. Sainsbury,
Edward Heath, ESQ. Alexander Sleigh, sq.
I
Joseph Kitchen, Esq. Wm. Titherington, Esq.
Bankers: Mt ears. Moss and Co.
Auditors: Messrs. aarmood Banner and Son.
So:icitors: Messrs. Haigh and Thompson.
Physician : James Turnbull, M.D.
Co-waiting Actuary: William Lewis, Esq., F.1.A., London.
Manager and Actuary W. P. Clirehugh, Esq., A.I.A.

ALTHOUGH the advantages of Life Assurance
are universally admitted, and Life Assurance Com-
panies established and conducted on sound principles have been
universally successful, it is yet remarkable how large a portion of
the community there still remains among whom the practice has
made little progress.
As this apparent apathy cannot be thought to proceed from insen.
sibllity to those motives which are common to all classes in civilised
life, it must rather be attributed to the insufficiency of those facilities
whereby the opportunity of mak'ng provision for old age, or for sur-
viving relatives, may be secured.
Life Assurance has inreed been carried on for some years in Liver-
pool by two eminent local institutions of mixed business, as we:l as
by agencies of metropolitan and coher companies; but this town does
not possess a Cuts), Office of a PUEELY Life Assurance Company.
A growing conviction, moreover, prevails among thoughtful men,
that there is no surer method of elevating the people, and improving
their moral as well as ma'erial condition, than by inducing them to
become instrumental themselves in the promotion of their owu true
interests.
_•

It hss, therefore, been determined to establish in Liverpool an office
devoted exclusively to Life Assurance business ; and, with this view,
Tables have been newly prepared by a leading London Actuary.
The following will be the objects of the Crmnpany :
1. A faller development of sound principles of Life Assurance
addressed to all classes, c . mbining methods by which parties can
make provision for themselves in the decline of life, as well as
for their representatives after death.
2. The extension of Life Assurance among those classes by whom its
practice has hitherto been comparatively neglected.
3. The practical inculcation, by the Travis of Life Assurance, of
habits of forethought, self-denial and independence among the
people.
The means by which it will be sought to carry out these objects are:
1. Such varied forms of effecting Life Assurance, or securing an
Annuity in old age, as are calculated to bring these benefits
within the reach of all classes of the community.
2. Strict Economy, and Careful Management.
3. A respectable and known body of Directors.
4. Th- Guarantee of a paid-up and safely-invested Capital.
5. Open audit, and full annual statements.
Tables and Examples explanatory of the system referred to will be
contained in a future prospectus.

A large proportion of the Shares have been already subscribed for,
but the directors, wishing to extend tie are of its operations amongst
the seneral public, will receive applications for Shares, according to the
subjoined form, until the 31st day of July.
Application for Shares to be addressed to W. P. CLIREIIUGH, Esq.,
Manager of the "Queen Life Assurance and Annuity Company,"
(Temporary Office,) No. 84, Castle-street, where forms of application
can be obtained.