The Sun.
London, England, 1865-03-09 00:00:00

NORTH BRITISH AND MERCANTILE
INSURANCE COMPANY.
Incorporated by Royal Charter and Special Acts of
Parliament.
The ANNUAL GENERAL MEETING of the NORTH
BRITISH and IfERUANTII E INSURANCE COMPANY
was htld in the Company's OIR es, 6i, Prince's-street, Edin-
burgh, on 31ondav, 6th March, IE6), in terms of the constitu-
tio., of the Company.
On tha mots n of the Right Hon. Viscount Melville, K.C.8.,
JOHN STIKLLN U, Esq., of Kippendivie, Senior Extraordi-
nary Director present, was cal cd to the Chair.

A Report by the Directors was read, showing the following
results tor the year 1864;
FIRE
.RTMENT.
The PREMIUMS receivedDEPA dur-
inz the year 1861 amounted to £244,567 19 7
Deduct Re-insurances 29,332 8 11
Duri th^
£219,235 19 8
-

/tiring the year 1863 the Premiums, 1 ss Re-
insurances, were ........ ,
Thus Axhibiting a net increase of
The Total Losses by Fire, which curing the
y,ar were unusually heavy, timouated to £183,506 18 6
LIFE EPAR [WENT.
1,240 NEW POLICIES were issued, insuring £1,031,578* 0 0
and adding to the Revenue the sum of £31,896 1 2
of Alanual Premiums.
The DEATHS during the year were 109 in
number, Assuring, with Bonus Additions £89,119 9 3
which was considerably under the Expec-
tation by the Company's Tables.
In the ANNUITY DEPARTMENT thirty-
one Bonds had been granted, for wh:ch was
received the sum of
The RESERVED FUND and bUSPE sSE
ACCOUNT amounted to £156,762 15 9
The ACCUMULATED FUND to £2,304,512 7 10
And the ANNUAL REVENUE to
On the motion of Robert Blair Maconoede, Eeq., seconded
by John White Cater, Esq., the Report was unanimously ap-
proved of, and a Dividend was declared of 12s. 6d. per share,
or 10 pe cent. on the paid-up Capital Stock of the Company.
payable on 20th March current, free of income tax.
On the motion of Sir James Gardiner Baird, Bart., se-
conded by John Brown Innes, Esq., Sir Walter James, Bare.,
John Cookson, Esq., of Meldon Park, and the Right Hon.
Viscount Melville, K.C.8., were re-elected as Extraordinary
Directnrs ; James Campbell Tait, Esq., Laurence Davidson,
Esq , bnd David Baird Wanchope, Esq., as Ordinary Direc-
tors of ;the Euinburgh Board ; and Pascoe du Pre Grenfell,
Esq., Adolphus lilockmann, Esq., and James du Buisson,
Esq., as Ordinary Directors of the London Board.
On the motion of the Chairman. seconded by Dr. Alexan-
der Wood, the thanks of the meeting were with acclamation
voted to the Directors of the Company.
The special thanks of the Meetinere then, on the mo-
tion of George Auldjo Jatnieson, Es., seconded by David
Baird Wauchope, Esq., voted to tb.e Local Boards and
Agents.
On the motion of John White Cater, Esq., seconded by Dr.
Burt, asp cial vote of thanks was given to John Ogilvie,
Esq., the Secretary in Edinburgh, who has been for the long
period of 4fty years in the service of the Company, and the
Aleetin_ recommended the Directors to testify their sense of
his attention to the interests of the Company by some sub-
st ntiai mark of their confidence.
On the motion Of the Right Hon. Viscount Melville the
thanks of the Meeting were voted to the Chairman. ,

165,192 8 3

£19,p5814 5

BONUS YEillt.
On the close of the Books on 31st DECEMBER next, the
SIXTH SE I'TEN lAL INVESTIGATION, with the view
to a DIVISION of PROFITS in the LIFE HUSINs.SS,
will
be made. All participating Policies opened on or before that
date will share.

ESTAB us HMENT -1865.
OFFICE-BEARERS.
_ PRESIDENT.

His Grace the Duke of Roxburghe,
viCE-PRESIDENTa.
His Grace the Duke of Sutherland.
The Most Noble the Marquis of Abercorn, X G.
Sir John L. M Lawrence, .Bart., G.C.B. and K.S.L.,
Viceroy of India.