The Sun.
London, England, 1855-05-10 00:00:00

m............,
..
ten 4aa
. And, with the sincerest respect for his experiences
sagacity, and statesmanship, I must be allowed to remark
.that on complicatedtdomestid questions like the present
one, which, till quite recently, he never professed having
attended to, I have less confidence in his judgment than I
have for it on military or foreign affairs, to which he has
long devoted himself with such signal success.
In conclusion, I will only add that though I do not
(
think there is any chance of any serious opposition being
made to the bill on the second reading to-day, I hope
and believe that many useful alterations may be made
in it in its passage through the house. ' Indeed, without
many such I thinkit neither could, nor ought to pass into
a law. Requestingyou will be so good as to show this
letter to the other members of the deputation, I remain,
air, your obedient faithful servant,

EBRINGTON.

METROPOLITAN' COUNTIES AND GEE&
BAL ASSURANCE SOCIETY.

Yesterday (Wednesday) the seventh annual general
meeting of this society was held at the society's office,
Regent-street ; Mr. H. P. Fuller in the chair.
The notice conveying the meeting having been read,
Mr. F. F. CAMBOUX, the' manager, then read the fol-
lowing report of the directors, with the financial state-
ment and report of Mr. Woolhouse, the actuary :
" The directors of the Metropolitan Counties and Gene-
ral Life Assurance Society have the gratification of report.
ing to the members of the society a steady progress during
the last year. Notwithstanding the unusual obstacles
which the state of commercial affsirs has offered during a
great part of that time to the growth pf the business of an
assurance office, the directors have ilisued in this year a
larger number a policies assuring a larger sum than the
year last preceding :—the number of policies issued being
.102, assuring 109,150'., and producing an annual income
a the b o
namescom-
pleted
co-
prising
of many gentlemen of the first respects-
circumstance to which the board refers
with much satr'sf
action, as a testimony to the high ohs- .
ratter which the
daring the year ha y
societ has attained. The claims paid
1,038. lls. 6d. less ve amounted to 2,6551. 18s. Od. ; being
of the society is than during the last year. The income
y now 17'037/' is ' Bd. ; after deducting all
lapsed policies. The rec .
the present occasion, in directors have to submit to you on
to the usual annual
statement of account, a results o addition
port from Mr. Woolhouse, your
actuary, upon the result fs o
society during the first seven the business done by the
which it appears that the Years of its existence, from
y is now in a position
to declare to its shareholder, a b
upon their paid-up capital, and to thosec!f7i per cent.
Policy-holders who
are entitled to participate in profits. an average bonus of
33 per cent, upon the premiums paid. Mr. Woolhouse
has assured the board that in making the calculations upon
vision this report is founded, he has allowed itmpulseupron-
vision for every claim to which the society can be subject,
and that the result is the legitimate conclusion
from the figures representing the present state of
its assets and liabilities, without any attempt on
his part to produce an issue in its favour. The
directors have therefore no hesitation in recomend-
ing the declaration of a bonus to the extent mentioned by Mr. Woolhouse, In the case of the shares, this bonus will be added to the amount paid up, and will bear interest ac-
cordingly. In the case of the policy-holders, the bonne
may at their option be applied in reduction of premiums,
instead of being taken as an addition to the sum receivable
on death. .To illustrate the operation of this bonne, the
following cases have been selected from policies now in
force suppressing the names :-----:-

..;
4 o Option of
.2 0 z.;
Amount
4;. ~: Annual of "EI g
,g ...
M
=24 Age 4 Pre- Pre- 'O, gb. s :E.FEt -r, ....4
s mium. mi.. 5 102, .4 t. 4 -,5 al 6- igg,zl
t ti
Paid., rs 4t. ~‹ .zi ...; 3 5,4
a,
.0
Cwt .4..4 el , ciS
8 A
___
......... ...............
£ S. d. £ s. d. £ s. d. £ s. d. X B. d.
1848 38 1000 30 19 2 216 14 2 5 8 4 58 3 0 1058 3 0
1849 26 1000 22 010 132 5 C 3 6 1 44 16 6 1044 16 6
1850. 30 1000 25 6 81.6 13 4 3 3 4 40 14 11 1040 14 11
1851 25 1000 21 15 0 87 0 1, 2 3 6 31 2 0 1031 2 0
1852 32 1000 26 8 4 79 5 I 1 19 8 25 910 1025 910
—— - -