The Sun.
London, England, 1864-03-10 00:00:00

NORTH BRITISH AND MERCANTILE
INSURANCE COMPANY.
Incorporated by tioyal Charter and Special Acts of
Parliament.
The Annual General Meeting of the North British Mer-
cantile Insurance Company was held in the Company's
Ofß:e, 61, Princes-street, Edinburgh, on Monday, the 7th
instant, in terms k f the constitution of the Company,
JOHN WHITE CATER, Esq.,
Chairman of the London Board, presided.
A Report by the Directors was read, showing the following
results for the year 1863 :
FIRE DE PARTMEN I'.
The Premiums received during
the year 1863 £190,291 13 in
Deduct Re-insurances
£165,192 8 3
During the year 1862 the premiums were 1(9,591 9 8

Thus exhibiting a net inereme of .... X 15,600 18 7

The Total Losses by Fire were

LIFE DEPARTMENT

~071 NEW POLICIVS were issued insurinz £953,830, and
addin: to the Revenue the sum of 133,002 14a. Od. of New

Premiums.
The Amount insured during the Five Years pre-
ceding the last Division of Profits (1858), was £1,525,063
Or an Annual Average of £3'.5,012.
During the Five Years since that date the sums
Assured are £3, 75,361
Show ng an Annual Average if .£635.072,

and being UPWARDS OF 108 PER CENT.
ABOVE the Amount Assured per Annum during
the preceding period.
In the ANNUITY DEPARTMENT 56 Bonds
had been grailted, for whi.h was received he
sum of
The RE ,ERVE FUND now
amounts to £247,401 10 0
The SUSPENnE AuCOUNT 55,064 2 9
£298,465 12 9
The ACCUMULATED FU VD to £2.233,927 17 7
And the ANNUAL REVENUE to £197,263 14 3
On the motion of the chairman, seconded by Robert glair
Maconochie, Esq., W.S, the Report was unanimously ap-
proved of, and a dividend was declared of 12s. 6d. per share,
or 10 per cent. on the paid-up Capital Stock of the Company,
payable on 21st M rch curvnt, free of Income T,,x.
The re-election of the Edinburgh Directors who th's year
retire by rotation, and the election of three new Directors for
the London Bard, in room of those who retire were, on the
motion of John Gibson, jun., Esq., W.S., seconded by Dr,
Cralgie, Vice-President of the Royal CAlege of Physicians,
Edinburgh, unanimously approved of.
On the motion of John Stirling, Esq. of Kippendavie, se-
conded by Ralph Erskine Scott, Esq., Ca., the thanks of the
meeting were unanimously voted to the Directors of the
Company.
The sJeclal thanks of the meeting were then, on the motion
of Sir James Gardiner Baird, seconded by Frederick Pitman,
E:q , W.S., voted t the Local Boards and Agents ; and on
the motio of George Auldjo Jamieson, Esq., C.A., seconded
by James Richardson, Esq., Merchant, Edinburgh, the thanks
of the meeting were voted to the chairman.
ESTABLISHMENT-1864.
OFFICE BEARERS.
All of whom are Shareholders.
PRESIDENT.
ilia Grace the Duke of Roxburghe, K.T.
VICE-PRESIDENTS.

... £20,226 13 2

lIIs Grace the Duke of Sutherland.
The Most Noble the Marquis of Abereorn,
DIRECTORS.
LONDON.

John White Cater, Esq.,faerchant.
Charles Morrison, Esq., Merchant.
P. du pre Grenfell, Esq., Merchant.
A. Klockman, Esq., Merchant.
John Monett, Esq., Merchant.
Junius S., Morgan, Esq., Merchant.
John H. William Schroder, Esq., Merchant.
George Garden Nicol, Esq., Merchant.
George Young, Esq., Merchant.
Alex. Henry Campbell, Esq.
Philip Chas. Cavan. Esq.
Peter P. Ralll, Esq.

Manager of Fire Department—George H. Whyting.
Foreign Superintendent—G. H. Burnett.
Actuary—Andrew Baden, Jun,
Surveyor—Thomas Piper.
Inspector of Agents—Alfred Good.
Medical Offiwas—A. H. Bassi], M.D. R. Checallier Cream,
M.D.
Secretary—F. W. Lance.
General Manager—David Smith.
DIRECTORS.
EDINBURGH.
James Campbell, Tait, Esq., W.S.
Laurence Davidson, Esq., W.S.
D. B. Wau hope, Esq., Merchant, Leith.
Frederick Pitman, Esq., W.S.
John Brown Innes, Esq., W.S.
Henry D. Ferausson, Esq W. S.
John Maitland, Esq., Accountant-General to the Court of
Session.
R. B. Maconochie, Esq., W.S.
Sir James Gardiner Baird, Bart.
David Davidson, Esq., Treasurer of Bank of Scotland.
Auldjo Jamieson, Esq, C.A.
J. F. W. Drummond, Esq, Merchant,

Secretary—John Ogilvie.
Actuary—David Chisholm.
Med.cal Officer—John G. M. Burt, M.D.
President of the Royal College of Physicians, Edinburgh.
Auditor—George Murray, C.A.
HEAD OFFICES:
•
LONDON 5B, Threadneedle-street.
If
West-end Office.. 8. Waterloo-place, Pall-mall.
EDINBURGH 64, Princes-street.