The Sun.
London, England, 1864-12-14 00:00:00

Consolidated Assurance Company,

ANNUAL GENERAL MEETING.—(THIS
The eighteenth annual general meeting of the
share and policy holders in this company was held
this day at the offices of the company, 45, Cheap.
side ; H. J. Gibbins, Esq., in the chair.
The for.owing reports from the directors arad the
actuary were read to the meeting :
In accordance with the rules of the company your direc-
tors present their annual report, with an account of the
receipts and expenditure for the year ending 30th Septem-
ber last, by which it will be seen that the income and assets
of the company continue steadily to increase.
During the year 585 policies were issued, assuring
£162,175, and yielding annual premiums amountin.g to
£5,142.
The mortality throughout Great Britain has during the
past year exceeded the usual average, and assurance com-
panies have therefore found the claims by death in some de •
gree increased during that period. The number and amount,
however, of claims paid by this company during the past
year ar•e still within the estimated rate of mortality, the
sum being £3,564 lie 5d on 42 policies, assuring 36 lives.
The gross premiums received on discontinued policies
since the formation of the company amount to £34,497; and
the gross claims from deaths, including bonuses, during the
same period amount to £48,861. The deed committee and
one of your auditors have, as usual, examined the Com-
pany's securities, compared them with the balances out-
-standing on the books of the company, and they have certie,
fled that they found the same correct. Your directors have
much pleasure in stating that since the last general meet-
ing committees of reference have been formed, composed of
gentlemen of position and influence, in Liverpool, Man-
chester, and Birmingham; and they hope to be enabled to
state, at the next general meeting, the appointinext of
similar committees in other principal towns of England and
Scotland, believing them calculated to support the best
interests and advance the prosperity of the com-
pany, 'With the view to facilitate the forma.
don of these arrangements they have instructed
their actuary to make a careful valuation of the assets and
liabilities of the company as at the 30th September last.
That valuation, with the report thereon, is published as an
appendix; and the directors believe it will be read with,
equal interest and eatisfaCtion by the policy and share-
holders of the company. The directors who retire pur-
suant to the deed of settlement, are Messrs H. J. Gibbins,
W. Blanford, and E. D. Shirtliff ; who, being eligible, offer
themselves for re-election. The directore.:liave to report
with sincere regret the death of one of the auditors, viz ,
Mr J. E. Clennell. The auditors. Messrs Appleton and
Arnold, retire ; and, being eligible, offer themselves for re•
election. Mr E. H. Galsworthy, of 32, York-place, Port-
man-square, being eligible, has given notice of his inten-
tion to offer himself as a candidate for the vacant office of
auditor. —By order of the directors, D. M•GlLLlvrtar,
Actuary and Secretary.
To the Chairman and Directors of the Consolidated
Assurance Company.