The Sun.
London, England, 1863-07-10 00:00:00

CONSULTING REFEREE.

n Farr, Esq F.R.S., General Register
Office. Somerset Louse.

BANKERS.
Englund—The London and County Bank, Bead Office and
Bra, chew
Scotland—The National Bank of Scotland, Head Office and

Branches.
Irelaud 'I he Provincial Bank of Ireland, Head Office and

11, anches.
India—The Agra and United Service Bank.

SOLICITORS.
Messrs. Wilkinson, Stevens, and WilkinF.on, Nicholas. lane,

Lombard-street.
MANAGER AND ACTUARY—W. J. Fred. Norfolk, Esq.
SECRETARY—M. J. MacCormaek, le sq.

The Dir ctora of the Life Association of England having
secured the influence of very valuable connection a throughout
the United Kingdom. in roust of the Colonies of the British
Empire, and several Continental countries, and having re-
ceived promises of subscriptions for a large number of shares,
will enter upon the business of Life Assurance on the 15th
July next, on which day a comp ete prospectus, detailing the
plan of the Cempany's operations, and containing tables of
rates, will be issued to the publio.
Arrangements also hive already been absolutely made by
which a large busineso will be acquired by the Comp ny at
once and further negotiations to the tame end are far ad-
vanced.
The Directoes will further carry out an entire rec"nstruc-
tion of the system . f Life Assurance. on a plan devised by
their Consulting efe, ee, by which the Association'sbusiness
transacti, na will be rendered perfectly equitable in opera-
tion, and afford the best security, whilst the Association will
be ploced in the be t condition to fulfil its future engage-
ments. The plan In question wi..l be well adapted to the
wants of the people, aflordirpz all the a vantages of. present
Life Offices, and some of those of a dank. It will also cpe-
rate at less riek, less expense, and lower premiums than
offices ordinarily c.,nstituted
The Directors, therefore, confidently anticipate a very
handsome dividend from the first year of business opera-
tions.
The value of Insurance Shares as an Investment, evidenced
by the large premiums to s !Leh most of' them have gradually
risen, and the handsome and Increasing dividends and
bonuses which have been paid upon them, is a fact so well
ascertained and acknowledged as to need no comment.
Interest will be paid upon the capital at 5 per cent. per
annum, until a dividend of larger amount shall have accrued.
The liabi:ity of the shareholders is limiter to the amount
unpaid on their shares:
'I he Local Boards in the ptincipal Cities and Towns of the
United Kingdom will be selected from the most influential
shareholders.
The sum the Directors have agreed to pay on account of
preliminary expenses is merely sufficient to recoup the actual
expenditure, which has been regulated throughout with the
strictest r:t...ard to economy.
Prospectuses and all other information may be obtained
from, and applications for the remaining shares, and for
Agencies, msy be made to, the Secretary, at the Office of the
Company. or the Bankers, Solicitors, and Brokers before
mentioned.

THIRTIETH REPORT of the UNION BANK
ef LONDON.
P. NORTH ALL LAURIE, Esq.. Governor.
JAMES FARQUHAR, Esq., Deputy-Governor.
DIRECTORS.
Charles Lyall, Esq. I Harry George Gordon. Esq.
John Chapman. Esq. samuel Bealf., Esq., M.P.
Archibald Boyd, Esq. Fleetw, od P. Wilson, Esq.
John Scott, Esq. I John Gilchrist, Esq.
Leo Schuster, Esq. Wm. Scholefield. Esq., M.P.
I Sir John Musgrove, Bart., Thomas Augustus Gibb, Esq.
Alde'man. I
At a General Meeting of the Proprietors, held at the Court
Room of the Yanking House, 2, Princes-street, Mansion
House, on Wednesday, the Bth of July, 1863,
P. NORTH ALL LAURIE, Esq.. Governor, in the Chair,
the followi. g Report was read by the Secretary:—
In presenting the Thirtieth Report on the affairs of the
Bank, the Directors have so state that the 'yet preff s for the
six months ending 30th .lure la t, atter pivment of all
charges (including the sum of £82.035 17s. 4d. for Interest pa.d
and due to custom rs on thEir current and dep .sit accounts).
and making due prov.siou for all bad and doubtful debts,
amount to £ 0,445 lls. 'Od., which, with the sum of £25 22!
0-. 10d. brou:!ht onset d from the 3 tst December last, leaves
for appropriation £114,668 12s. ,d.
The Itirectors have now the pleasure of declaring an in-
en aced Diviaend of 18s. per share, clear of income tax, for the
six months endin, 30th June last.
After payment of the above, amounting to £54,001, and ap-
propriating. £a..000 td the Reserved Fir, d, which will thereby
be raised to £llO,OOO, there will remain-a balance of £668 f2s.
Bd. t.. be carried forward to a of w Prod* and Loss A. count.
The folluwinv.ll rectors reit e by rotation, viz. :
Leo Schuster,Eoq,
Wm. Sch lefield. Esq., M.P., and
John Gilchrist. Esq.,
who, being ellgibie,nffer themselve7, and are recommended
by h, Court, tor re-Oection.
London Bth July, 1863.. _

THE UNION BANK OF LONDON.
For the 'Taff-year ending' 30th June, 1863,
GENERAL BALANCE.
Dn. laAniLmEs.
1210 per Share paid up on
.1 6', 000 Shares £600,000
Capital 6',
per Share added out of
Reserved Profits 120,001

£720,000 0 0

Due by the Bank on Current Accounts, Depo-
sit Receipts ,inc.uding Interest accrued),
and othe Obliizations
Recervea Fund, invested in Consols, as per

Contra
Rebate on Bills not due
Balance at credit of Profit and Loss .

CR ASSETii.
Cash in the Bank
Cash in Bank of England
Cash lent at call 825,000 0 0

Investments inGovernment Stock,Exchequer

Bills, Debentures, &c.
.£53,7z7 6s. Skl. Consols (taken at to 3) Reserved

Fund
Bank Premi es,consisting of Freehold Build-
ings in Princes-street, Mansion-house-
treet, Argyle-place, and Fleet-street; and
Lease and Fixtures of No. 4,Fa11-mall East
Loans, Bills Discounted, &c. . •

50,000 0 0
17,615 17 10
114,668 12 8