The Sun.
London, England, 1864-03-19 00:00:00

TrfUrt
11111,11br

HER IidAJESTY,

WINDSOR CASTLE, March 18.
His Majesty the King of the Belgians, attended
by General Count de Moerkerke and Dr. NoePl'
arrived at the Castle, yesterday afternoon, frail
London.
His Royal Highness Prince Arthur, attended by
Major Elphinstone, and his Royal Highness the
Dake of Cambridge, attended by Colonel Tyrwhitt,
also arrived.
To-day is the anniversary of the birthday of her
Royal Highness the Princess Louise.
The Queen, accompanied by her Royal nighneEs
Princess Louise of Hesse, walked and drove ill the
grounds this morning,
Their Serene Highnesses Princess Amelia and
Princess Clotilde of Saxe-Coburg, and his High-
ness Prince John of Glucksburg, visited the Queelli
and remained to luncheon.
The Hon. Lucy Kerr and the Hon. Carolin.e
Cavendish have succeeded the Hon. 11°11:
Stopford and the Hon. Harriett Phipps, as Mal"-
of Honour.

The Prince and Princess of Wales.
The Prince of Wales rode on horseback yesterday
morning, attended by Lieut.-Colonel Keppel..
ea
The Princess of Wa'es drove out and voll„
Westminster Abbey, attended by the Countess e°
Grey.
The Prince and Princess of Wales, attended br
the Countess de Grey and Lieut.-Colonel J(ePP%
went to the South Kensington Museum 1"
afternoon and visited the Mulready collection.
The Prince of Wales, with Prince John of Gidcr
burg, attended by Lieut.-Gen. Knollvs, Lieut.-u°"
Keppel, Mr. Holzmann, and Baron Guldeneroel;
went to the Royal Institution in the evening to be°
a lecture given by Professor Tnydall.

41*
THE COURT.—According to present arrangel73-ant t %
her Majesty and the royal family will remain 16
Windsor Castle till about the 21st of April, when ;the Queer,ll
and members of the Court will remove to Osborne, whe.
they will reside for about three weeks, and afterwards re"
turn to Windsor Castle for a short period. On leaYies
6
NS, indsor the Queen will proceed to Balmoral,

British Equitable Assurance CompallY.

ANNUAL MEETING. f iva
The ordinary annual general meeting of the share 0
policy holders in this company was held yesterday afternoe
at the offices of the company, 47 and 48, King Wrilli°n;
street, London-bridge. William Gayer, :Esq., chairman •
the company, presided.
The minutes of the last meeting have been read and
confirmed.
Tho MANAGING DIRECTOR read the following repott:-,
The new business of last year has been considerably
larger in amount than in any preceding year. It has a
taken with the greatest caution, and consists of a very '
selection of lives.
The care exercised in former years in the selection of sloesil
har again been manifested by a much lower rate of mortal
than that provided for by the Company's tables. s Tear
1,583 new policies have been issued during the past • 0.4
for assurances representing £252,015. The new anrl
premium income thereon amounting to over £B,OOO. wore
The new lite proposals received during the last year oe
2,334 fur £357,025; 75, per cent, of which have beco
eon'
policies, and a large number of proposals are under
sideration by the board at the present time. nriflg
The progress of the new business of the coissPanY iol'
the triennial period just ended is shewn ,by the
lowing :
Years. Policies issued.
No. Amount.
1861 .. 1,091 .. 1177,075
1862 .. 1,267 .. 2•'0,257
1863 .. 1,583 .. 252,016 ill De
The regular increase of each year's new business scl
noted.
£8,769 16e. 7d. have been paid in the year for deatit
claims and bonuses assured under policies.
s tin3e
From the foundation of the company till the preaen- sea
the total sum paid for death claims and bonuses Iwo w
£31,454 6s. 3d., distributed over 216 policies. tiei
A comparison of the three triennial periods termitia;
eid3
with each division of profits made by the company,' P
most satisfactory results.
New Policies
A issued.
No mount..
F;rst 3 years ..,„ ,
Second 3 years
629,447
Third 3 years
Total 9 years
The periodical valuation has been made by the sett t 0
and it appears that after setting aside an ample reser'!..esi-
meet future expenses, as well as providing for every 100
lily of the company under its policies and otherwises.
astts
making a full allowance for bad debts, &c., there rota
surplus as follows :
From the non-participating business divisible tiloo:
bY
shareholders, £1,836 2s ld, and from the .mutual bust
L 12,108 9s 81, available for the policy holders. l Pet
It is recommended that a reversionary bonus of 1-, „0
cent, per annum up to the 31st day of December last l!"ch
the date of the last division of profits as to Policies To.
participated in any previous division, and to as sass 0f
cies which did not so participate from the Ist ifoii.
January next following the respective dates of such ttoat
cies, be declared on all Policies in the Mutual DeParts silo
effected for the whole term of life, dated on or before ea
31st day of December, 1861, which shall be in Otn-, rya
the Ist day of April next, and on other business err go'
to participate in a duo proportion, to be settled by tlle'ssioa
tuary, and that the remainder be carried to the next dis' 'OOOl
of profits. This will lay the foundation for an iner„tlio of
dividend at future triennial periods. Also, that the.
,]iris;
jig
£1,836 2s. ld., being the profits on the non.partielPel of
business, be capitalised, making altogether to the credsoot
the shareholders' profits account £5,540 6s. ld., and
ors'
3s. 6d. per share per annum be paid, in addition to th9,,ep
ginal interest, on each share on which the first call has L'"
sully paid up. Idle
Considerable att ntion has been devoted to the iniclldlo
mentos' the internal working of the company, and .410
the body of agents has been largely increased, the sal- tila
of balances dun by agents is smaller in proportion to
business done than at any former period. t 810
The agency staff contains a body of highly res Pee
fti aili
men, distinguished by great personal energy and .
increasing influence. f. til°
While the directors have to thank a great number 9 „, ill
shareholders and policyholders for valuable cc-operatio;oa
extending the company's business, they think that.foss%
more should be accomplished in that direction, cenel"„asn'
the vast number of pc hey holders, it being most etnres,bo
tally true that every additional policy decreases the Ittossge
amount of expense, yields a broader basis for a true t",,,, to
of mortality, and increases the profits participated in "
policyholders. i°
masir f
The directors have made an alteration of the 1:0---,,,011 °f
remuneration, which they think will meet the aPPr" - .
the shareholders. 'el'
Datil ,1
It may be observed that the profits from tho nory.,lts
pating business, without taking one penny trolls the 101:
policyholders' profits, have increased the vhareb°oo)
profits thus early in the history of the company to ante ole
revenue of 81 per cent. on the amount paid up on
ginal shares.
~.s„ 0 aPl'i
The CHAIRMAN said it was with more than ..- -I. tot
feeling of pleasure he met the share and policy holder
.ioal
day, because the success that had attended the opera
thoa
of the society during the past year had been greatero,oll
any of the preceding ones. The report entered an dos'
into detail that, he would not occupy their time at anic;eoo
length, but he could not help referring to the great il3 d 1101
that had taken place in their new business. It show 04
mistakably the high estimation in which the coraP6Ssroblif
held by the public, and also spoke most 10°11 Ai
for the activity that had been displayed by 01E004
carried in the extension of its operations.
~c la
hear). The perioSL'cal valuations had result' fall
another very pleasing fact, viz., that after Inakil'sdetl gb
and ample allowance for bad debts, &c., there teu'9lll3(eaff
handsome surplus to divide amongst the members. ‘zool)
hear.) The Government Annuities Bill had created 00
interest in life assurance comonies, and although the of elf);
of Mr. Gladstone was looked usmn as a great art r to,.
quence, to him (the chairman) it stiemed quiteiitt cleaboos
;0
the Chancellor of the Exchequer knew but very
life assurance matters. (Hear, hear.; He did 13/301012
upon the measure with any alarm, b, cause til
the oaalf
Equitable was in a position to hold its ',wit ; and ~ t/I°'
offices that would feel the effects of the measure we—(tteoloi
whose foundations were not of a solid description. tioll
hear.) He had great pleasure in moving- the ad°P
i'
the report just read to theta. all•
1113
The motion having been seconded, was castled
, tlie
mously. 1 ctino a
Resolutions were unanimously agreed to, r a .0e ,00 a°
retiring directors, with thanks for their past r 9‘er,,ti
~ cl'irec'
a special vote of thanks was awarded to the ma.aagilitTaisetea
tor for the ability and prudence with which ha con
fit,
the business of the office. mplitnes f
Hr. W. S. GOVER, in acknowledging the co. sii-oOXO °0
said he felt extremely gratified in receiving the 't that I°9;
the meeting. He had but one object in view, anti told °ll,
to enlarge the operations and extend the bond" ' dleaf,',
by the British Equitable Life Assurance Society. p‘thsav
The proceedings terminated with a cordial vote of
to the chairman. btill
.../00,..................'.....1/MMENW
va i g
Some of cur newspapers seem to be .joyier'el,
puzzled by the connexion of M. Ma zzini with 31., Fr` 000
correspondent terrible in the imagination of tlit'cit as :e ;
police. A little knowledge of street Itatian-auwoosJlsl3r
hear daily on the Lung' Arno or in the Chia.la--010 $1), .s
the
ere, , isoG
thlssebi rf doubtsr,,
l,ib
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it
irneis;t:,
‘,"3.1;
al
zo:vae rd.
i'
fii so ari sort,,
ionf id 1°133 res icl °`:,
cut down to " Mazza," meaning a bunch of flovvfoiver. ;',
gay ; and " Mazzini," a little nosegay or single
~Pii_soi as
Mazzini is unquestionably the personage adds. a'
eilet
Flower.—Athenazot CIO7I. tilt)
THE ALEXANDRA CASE.—TiIe eLordifto, in
announced yesterday that judgment would berg
r_ecop
Alexandra case ou 04 early 411, after the Eabto