The Sun.
London, England, 1864-08-22 00:00:00

1862.

Capital £50^,000, in 100,' CO Shares of £5O each.
Zt . 41 Deposit on Application, and £4 on Allotment.
18 of contemplated to call up more than £25 per Share.
WVis DIRECTORS.
tm tarn Walter Cargill, Esq., M.P., Director of the Orien-
n -nk Corporation.
ba"Zene Collins, Esq., Director of the London, Birming-
-1,, and South staffordshire Bank ,Limite,t).
t„:„B• Cumming, n.sq Messrs. J. B. Cummlng and Co.,
(troll\ Director of the Continental Bank Corporation
ratted)
kll'
tam Huah Logan, E.qq Banker, Berwick-on-Tweed.
James Marsh al, .11aq , Wil iwood, Hampstead.
tp,' Naylor, Esq. (Messrs. B. Gott and Sons), Lads, Di-
tor of the London and Lancashire Assurance Company.
kn'oharoy Price, Esq., Director of the Western Life Assur-
bee Company,
'eglltaid Read, Esq., Director of the Crystal Palace Com-

E AGLE INSURANCE COMPANY,
LONDON.
REPORT of the Directors for the Year ending 30th June,
1864, read at the Annual General 3Leting, 12th August,
18;4—
Sir JAMES BULLER EAST, Bart., D.C.L., in the Chair.
The duty once more devolves upon the Directors of makieg
a report to the Proprietors on the transactions of the past
year, and, as usual, they commence it by a reference to the
particulars exhibited in tit.: Surplus Fund Account. Thee
particulars are as follows :
INCOME OF THE YEAR ENDING JUNE 30, 1864.
Balance of Account, 30th June, 1863 4)28,263 12 11
Premiums on New Assurances ..£23,683 14 1
Ditto, old ditto 218,,06 1 4

£311,970 5 5
Interest from Investments Bl, 46 13 10

4393,126 8 3
Profit on the Sale of Securities.. 17,515 16
•8

Total Income ................................ 410,642 511

£938,910 18 10
CHARGE OF THE YEAR.

Div dend to Proprietors £10,323 15 0
Claims on decease of Lives As-
sured .. -• £199,324 2 0
Adaitions to those under Parti-
cipating Policies. 15,993 9 8
Policies surrendered 1?,953 13 1
Re-assurances, new 12 2
-- old

£274,779 2 6
Commission . 9,518 19 3
Medical Fees 7lB 7 2
Income-tax
Expenses of Management 12,926 18 6
,- ~ 300,510 11 10

Total Charge
Balance of Account, 30th June, 1864

£938,910 18 10
Examined and approved,
THOMAS ALLEN, 1 Auditors.
HENRY ROSE,

. _
Here it will be seen that the total income of the year is
£110,642 ss. ltd., and the total charge £ 10,831 6s. 10d. The
difference—£9',Bol 19s. ld.—increa-e the surplus Fund to
£628,076 12s. The difference las tyear, it may be remembered,
was £50,875 lts. 7d.
The income of the year is greater than that of the preceding
one by nearly £22,000. The increase is mainly attributable
to the profit derived from the sale of premises in the City,
and elsewhere.

With exception of the payments on account of re-assurance,
and those to the proprietors, all the ,tems of charge are less
than those of the previous year. Thus, the sum paid for
claims is less by £27,000, an t that for surrender of policies
by £5,330. A considerable reduction, too, is observable in the
expenses of management, arising from a diminution in the
number of the Board, and from other circumst 'flees. The
Balance Sheet is as follows :
BALANCE SHEET.
LIABfLITIES.

Interest due to Proprietors £5,432 14 9

Claims on decease Of Lives Assured and ad-

ditions thereto unpaid
Cash Bouus due to Policy-holders 67f 2 8
Sundry Accounts 1,015 10 10
Value (186') of Sums Assured 4,731,195 7 0
Proprietors' Fund £190,187 10 0
Surplus Fund, as above
818,264 2 0

45,651,801 13 1

ASSTS.
Amount invested in fixed Mortgages £903,790 1 6
Ditto, ditto, decreasing Mortgag, s
Ditto, ditto, Reversions
Ditto, ditto, Funded Securities 402,148 28 4
Ditto, ditto, Temporary Securities
Cu, rent Interest on the above Investments 28,085 1 3
Cash and Bills
Advanced on Security of the Company's Po-
licies

Agents' Balances
32,177 2 3
sundry Accounts 28,957 8 1
Value (1862) of Assurance Premiums
Value (186 .) of lte-assurances 34,263 10 8

£5,651,801 13 1
Examined and approved,
T H 0 NIAS ALLEN, j Auditors.
HENRY ROSE,
The Assets here specified remain nearly as they were in
the last Report, except that the amount invested in Rever-
sions is i ,creaEe I, and that in fixed Mortgages is diminished.
The balance of the Surplus Fund is, of course, increased (as
it should be) from £528,268 12s, 11d. to £623,U76 12s.

The Trustees and Directors of the Company are now as
follows :