The Sun.
London, England, 1864-04-20 00:00:00

DIRECTORS.

John Downes, Esq. (Messrs. Downes and Scott), Upper
Thames-street, Director of the National Provincial
Marine Insurance Company.
George Haines, Esq., Merchant, 36, Lombard. street.
John Ingledew, Esq , Cambridge. House, Lee Park, Kent.
William Knight, Eaq. (Messrs. William Knignt and Co.),
83, Lombard-street.
Henry LAgard, Esq., Forest-hill, Nett.
George S. Symons, Esq. (Messrs, G. S. Symons and Co.),
20 and 21, St. Dunstan's-hill.
John E. Tibbs, Esq. (Messrs. J. E. Tibbs and Son),
Threadneedle-stresr, Director of the Staffordshire Roll-
ing Stock Company.
James Lunham, Esq. (Messrs. James Lunham and Co.),
2 d, High-street, Borough.
JAbez Voss, Esq. (Messrs. V -Bs, Meek, and Co ), Billiter

Fquare.
Walter Brodie, Etq., 13. Dtlamere •terrace, Hyde-park,
late Member of the 1F use of Representatives, New
Zaalaud.

(Iliflu.ential names in Manchester and Liverpool will be
immediately added to the Direction.)
BANKERS—The Metropoli`an and Provincial Bank, 79,

Cornhill, E.C.

SOLICITORS—MesErs. B3nnett and Stark, 4, Furnivars
Inn, Holborn.

BROKERS—Messrs. Scrutton and Son, 81, OM Broad-street.
AUDITORS —Messrs. Cash and Eiwaris, Public
Accountants, 13, Tokenhouse-yard, E.C.
GENERAL AND RESIDENT MANAGER—Mr. Robert Steers.

SECRETARY7Mr. George Drew Hodges.

OrrtcEs-29, Nicholas-lane,lombard.street, E.C.

This Company has for its purpose the transiction of the
important and remunerative business of Fire Insurance,
and that only, to the exclusion of other branches of busi-
ness not unusually associated with ir, under the same direc-
tion, and operating on ono and the same capital. The
Directors are satisfied that tbe scope for the business of fire
insurance presented by this country and its dependencies,
is, as a commercial speculation, deserving of paramount
attention ; and, the contract being one terminable annually,
the profits or loss arising determine in like manner, year by
year, and exhibit at once a company's financial poeition
and its resources. _

While the partial remission cf the fire insurance duty
now in the contemplation of Government, and applicable
only to the insurance of stock-in-frado,us oppression, the
will afford a corn-
naratively limited relief from the men
Directors have resolved to allow ur on payment for every
policy, and afterwards at each renewal, an immediate thaw •
b .ck, which, in tn-iny inttancea, will amount to a total ex •
unction of the entire duty of three shillings per cent.
To the public at large, and to the greater proportion of the
manufacturing and mercantile community, this arrange-
ment will prove a highly acceptable advantage. The draw-
back allowed by a few of the older offices by
way of per
tentage on premiums, at intervals of years, is of im•
portance only to those who are rated at premiums ranging
ohi‘fly from one guinea per cent. upwards, and is partici-
pated in only by those who may have premiums to be re-
newed at the period of the making of these returns; whereas
by the principleatdopted by this Company, the owners of
the ciaeses of risk of the more ordinary occurrence, are
they who will be the more substantially and at the same
time promptly benefi ed.
The concession to be thus made to the public will cer•
thinly be the means not only of increasing in their respec-
tive amounts Insurances now existing, but of multiplying
to a very large extent the number of insurance contracts in
this count; y and its colonial connections.
The insurable property in this kingdom alone, including
its enormous and increasing importations arising from
to
the
wise interchange of tariffs, is believed to approth
thus leaving nearly three -fourths of the insurable amount
altogether unprotected from loss.
nste
L 5,001,060,000, whereas 11,300,000,000 only is insured ;
It would be difficult to find any Class of investments which
has yielded such large profits as the shares of well-con-
ducted fire offices. The shares of the older offices have in-
creased in value immensely,
at a pre-
mium of about 1,300, and in another of nearly 2,000 per
of the shares of offices established *Meta the last 20 yeara
stands
cent. on the sums originally Paid
at from 80 to 200 per cent.
nu. The increased value

It is under these circumstances, and considering the im.
mense,field presented for operations to erste, that the direc-
tors have taken adVantage of so favourable an opportunity
to offer to the public the benefits of the principle of business
now adopted by them; and they have every
believe that by its special feature and the public support
which that nittet necessarily invite the undertaking will
speedily be productive of the beat Thionetiry results.
The executive will be entrusted to officers of tried experi-
ence in the business of fire insurance, reason to
and the directors have
lremeies.nts for the Immediate establish-
ameenatdoy matured arrangements
of
fivehttndarorrdanagno
The directors desire to give the most unqualified assur-
ance to the public that nothing of the nature of frivolous
objections to a prompt, and liberal settlement of claims for
compensation will ever be entertained or Coktitetanded by
them.

brokers,
Drealladitee,rthie deposit will
the offices
Forms cf application for shares may be hadoatt
stho
o Inf thethe
ev Companyotof ,noor
aollfotthme
entitrobko
be returned in full.

FORS! OF APPLICATION FOE SHARES.
To
of
To the Directors of the Independent Fire Insurance
Company, Limited.
Gentlemen;--naving paid to Yotir I
, being a deposit of £l per share on shares in
the above Company, I hereby request that you will allot me
that number; and I agree (according to the form prescribed
by the Articles of Association; to accept such dhares, or any
lea number you may allot me, to Pay LI los. p-r share on
allotment, and to execute the Articles of Association when
required ; ant I request that my name may be placed on the
Register of Shareholder for the shares bo allotted.
Name in full
Residen:e
Protesbion or business
Date

Post office orders and bankers' cheques 'crossed to the Com-
pany's bankers, to be made payable to the secretary of the
Company.

• 4 Secretary," or " Ba• ker," as the case may be.