Northern Times.
Liverpool, Merseyside, England, 1859-10-10 00:00:00

FIRE ZRANcII

The Rates of Premium are exceeuingly moderate, and
governed in each ease by a careful consideration of the risk
proposed.
Fire Premiums for 1858, £196,148.

LIFE BRANCH.
•ed—f 2 per cent. per annum on the sum

Large Bonus dec

DIVISION OF PROFITS EVERY FIVE YEARS

To Policies then in existence two entire years,

RIFLE CORPS

No Extra Premium to Volunteers within the United
Kingdom.

ANNUITIES on favourable terms, and unusual facilities
given.

The Directors consider a Life Policy to be absolutely in
force where notice of the death of the Lifc Assured during the
thirty days of grace is given without delay. In such cases
the premium can either be paid within the stipulated time, or
the amount can be deducted from the sum assured when the

claim is paid

EXTRACT FROM BOOK ALMANACK

'The Company will always be prepared to purchase the
Polities of this Office at their.equitable value; or will grant a
New Policy in lieu thereof, without any further payment or
premium, fora sum to be agreed on.

Fire Policies falling due at MICHAELMAS should be renewed
on or before 15 days thereafter.
tf-se3oocl4x PERCY M. DOVE, Manager, &c.

THE LANCASHIRE INSURANCE COMPANY
• LIFE DEPARTMENT.

DIVISION OF- PROFITS, JULY 20, 1500,

The Second Division of Profits will be made immediately
after the 20th July next, and all Policies issued previous thereto
Rill participate therein.
The Boluses declared at the last division of profits were L 2
2s. 6d. per cent. on the sums then assured; and, from the past
success of the company, it is fully expected that the Bonuses
declared in future will bear comparison with those of any other
responsible company.
The Premiums charged by the company are much more
moderate than those of any other offices, and these differences

FIRE DEPARTMENT

In this Branch the usual moderate Rates of Premium are
charged, and the Directors make it a point to settle all claims
with promptitude and liberality.
The Subscribed Capital of the Company is £1,448,400.
The Annual Income is now £llO,OOO.
JOHN SEMPLE, Resident Secretary.
Liverpool Office, 7, Water-street. .013

PHCENIX LIFE ASSURANCE COMPANY,
1, lEADENHALL-STREET, LONDON.

ESTABLISHED 181

In consequence of an advertisement having been inserted in
the Times, by the Pheenik Fire Office, stating that "that Office
has recently been threatened with the withdrawal of the busi-
ness of parties insured there, if a claim was not paid, which on
inquiry proved to be under a Policy of the Phcenix Marine
Office," meaning thereby the "Phoenix Life Assurance Company,
and referring to an Injunction obtained against that Company ;
the Directors of the Phoenix Life Assurance Company directed
their Solicitors to apply to the Secretary of the Phoenix Fire
Office for the particulars of the claim alleged not to have been
paid, and received an answer from the Solicitors of that Office,
stating " that the claim alluded to arose from an insurance on
the St. Laurence."'

Now, this Insurance was effected with the Phwnix Life
Assurance Company-for the sum of £2,100 upon goods; and in
the-month of June last, a claim was made thereon for average
to the extent of about £613, but the Directors of the company,
upon investigation, considered the claim so gueitionable that
they proposed'to refer it to Mr. Richards, the well-known
average stater, to adjudicate thereon, since which no further
communication has been received from the assured, who hare
neither adopted the suggestion of such reference, nor made any
further demand in respect of such Insurance, considering

-most probably their demand to be wholly untenable.
Such is the amount and such the nature of the claim which
the Phoenix Fire Office have thought proper to advertise as a
claim which the Phoenix Life Assurance Company have not paid,
it being the evident intention of such advertisement to lead the
public to suppose that the Company had been either unable or
unwilling to pay a claim justly due.

_
The Directors of the Company then instructed their solicitors
to apply to the solicitors of the Fluenix Fire-office, for the
names and addresses of the parties who had threatened to
withdraw their business from that office, as alleged in their
advertisement, and in answer received a letter stating " that
the Directors of the Phoenix Fire Assurance Company decline
furnishing the further information called for."
At this very time the Directors of the Phoenix Life Asstd.-
ance Company had in their possession proof of their accusers
being open to the very charge which they were so ready to
bring against others. For on the 19th of July last there was
delivered at the Office of the Phwnix Life Assurance Company
a letter of application from a Solicitor, for the sum of
£4BO Sc. 2d., in respect of a loss occasioned by fire, which
happened on the 23rd June last, such letter being evidently
intended for the _Phoenix Fire Assurance Company, and
stating that the particulars of the claim had been furnished
three weeks previously to the date of such letter, and pressing
for payment.
The Secretary of the Life Company, instead of considering
such letter a fit subject for a public advertisement injuriously
reflecting upon the characterof another Company, immediately
returned it to the writer, informing him of his mistake in
addressing it to the Phoenix Life Assurance Company, instead
of the Phoenix Fire Office. The claim referred to in such
~.rter Iva* in fact against the latter Office, and was not paidup
-•.at last.