The Sun.
London, England, 1854-02-25 00:00:00

IDL AND RAILWAY.
At the Twentieth lIALF-YEABLY GENERAL MEI.7.T-
-1 241k0 f the PROP itIETOUS of the MIDLAND RAILWAY COM-
-1 eANY convened by ths Directors, In Putittinee ofIL Abe ComPa ,711
A et of incorporation, heidst theMailwiay-StatSen,DerhY. on Friday*
tt ut 24 th Februsxy, 1854,
1jr.,2011t0 Emu, Chairman. of the Board of Directors, 14 the chair,
tt Mug ramtved,—That the cannons seal ejt the Company be affixed
to the Register Books of the Shareholders.
( set a was aev,rithigtr, affixed, in tbeiprelenee cf Ake Mf etine.)
tiesolve d,---that tite Repot vf Ole Dlrontelnkoeff Watiotald the
rec, sausaradatteps, tberefoosataiaeth ,bs received 'atinigreo:ted
that the same be printed, and a cup'', seat to each tiel*Prl •
21 Volt - That a //Mantels herebrdeblarepro l CessOlidated
fk;-*
141. 121. id. per dent. upon rash 10131.118illna
Stock;
31 per cent, upon each 1081. tildlsna Consolidated Preferential
Stock;
Wm 9d. per cent. upon each 1001. Annelid Constaidated Bir-
mingham and perbyllaoeit ;
2s. 3d. per share, being the Preferential Dividend of 41. 10s.per
cent.. per annum upon the amount of 51. per share, paid upon
each of the 16f. 18s. 4d. shares ; and.
11. 10a. per sh•rs upon each Erewailh Valley libare, to be pay-
able on the 3d day of March next.
Res& hed.—That Mr. William 'math, one of the retiring Directprs,
be, and be Is bet eby, re-elected a-Director 'of this Company.
Rani y,--That Sir Isaac !Worley, one of the Coe pan Directors,
be. and torts hereby. re-elected a Directo. of this Company.
Basel tad,—That Sir Joseph Psston, one of the retiring Directors,
be. and be is hereby, re-elected a Direct-r of 'ids Company.
Besot tad.- That Mr Edward Harrison Harwell, one of the retir-
ing Din, octets, be, and he is hereby, re elected a Director of this Com-
_

NAY-
Rawl vrxl,—Tbat the appointment of Mr. John Fox Bell as a Direc-
tor of tl 11l Company is confirmed, and he be hereby elected a Director
of this' 14 ,mpan y.
Been) vi,;(l,—Ttiat Mr. Cripps, the retiring Auditor, he re elected.
Besot vi vl,—That the 4th regulation su2g,sted in the Supplemental
Report of the Directors, on the 2 4h February, 1851, to the effect.
"That -WI thin the first seven days of each year the directors shall
deposit. fo r the information of the Proprietors, at such places h
heir
as the
Auditors a,hall suggest, a list of suci, o! the Proprietors (wit
places r esidence), as are eligible for election as Directors soch
list also to be printed, and sold at a reasonable price to any Proprie-
tor applying for the same," and which was adopted at the General
Meeting of the same date, be hereby rescinded
Resolved,—That the remuneration to the Directors be increased
from 2,6001. to 3,000 t. per annum, from the 31st of December last.
(Signed) JOHN ELLIS, Chairman.
Mr. Ella having left the chair,
A Tote of thanks to him yeas proposed and carried unanimously.
By order.
JOSEPH SANDERS, Secretary.

THE TWENTY.EIGETM ANNUAL GENERAL MEETING
OF TOE
STANDARD LIFE ASSURANCE COMPANY
was held at Edinburgh on Wednesday, the 15th instant ;
GEORGE mom Essi Advocate, in the Char.
The results of the Duldneffli for the year ended 15th November,
lap& ware reported as *now.:
sambas ef PrOpOilali for Assurance made to the Directors...J.os9
••••••••••••••
*Mbar of Assurance Policies Issued, eletusive of 'anutty -
and other transactions . . 875

Sums proposed for Assurance ...• .. •• •• ...• •• .• •• X. 5.55,544 0 7

Stuns in Policies issued• •••••••••••—.. •• • . • • • • • • X 455,2411 17 1

Premiums on New Policies, exclusive of Single Pay-
ments •••• • • • • •• £14,886 9 3

Cletus by Death, exclusive of Bonus Additions.... £44,445 17 0

Addition to Accumulated rend during the year.... £125,761 1 10

The results of the business since 1815 were reported as follows :
Number of Proposals for Assurance made to the Directors. • .. 8,351

amber of Assurance Policies issued. exclusive of Annuities
and other transactions • • ..... •..••••••• • • • • • •• • • • 6,608

Sarno proposed fir Assurance......... ......... £5,000,498 12 4

Bums in Policies issued ..... ...... ............. £3,961,215 17 3

Claims by death paid, exclusive of Bonus Addi-
tions ~,,,.... ...... „.......•• .........• .... £491,210 14 4

•
The statements submitted were unanimously approved of, and a
vote of thanks pa.sed to the Directors and OMee-Serre:s.
The vacancies in the Board of Direction by the usual rotation
were tilled up, and the Board of Management declared to be as fol.
JOTS :

60,7ZENOZ.

Hts Grace the Duke WBuce,euch and Queensberry.

DETUTT-GOvEIiNOIL.
The Right Hon. the Earl of Elgin and Kincardine.

EDINBURGH.
°sum AZT DEINCTOILS.

Anthony Trail. Esq.. W.S. Wm. Moncrieff. Esq., accountant
John Sligo, Esq:, of Carmyle. George Patton, *sq.. advocate.
Andrew Blackburn, Esq.. banker John Robert Tod, Esq., W.R.
Thos. Graham Murray. Esq., W.B Ch Arles Pearson, Esq., accountant.
James Veitch, Esq., of 'Knock. James Cendie, Esq , Perth.
William Wood, Esq., surgeon. James Hay, Esq., merchant, ~.eith.
Lies:. J. Musa, Esq., C.S. James Roberts,n, Esq., W.S.
LONDON.
CHAIRMAN or TIM BOARD.
The Bight Hononrable the Earl of Aberdeen.
ORDINARY DIZECTOAB.
F. Le Breton, Esq.. 3, , rosby square.
John Lindsa), Esq., 26, Lauren.* Pountney-lane.
. Thomas H. Brooking Esq '
Old Broad street.
John Griffith Frith. Esq.. Austin-friars.
Alexander Gillespie, Esq.. 3, Bunter court.
Ales. Macgregor, Egg., Arlington-street.
Reported by order of the Board,
WILL. THOS. TEIOMSON . Manager.
PETER EWART, Resident Secretary.
London, 82, King William street.
Etery information can be obtained at the Offices or Agencies of
the Company.

Email:rum— 3. George-street (Head Office).
LowooN • • ..82. King William-street._

L
'1" ASSURANCE;
REPORT of the SELECT COMMITTEE of the ROUSE
M COMMONS, and the DEPOSIT SYSTEM —Ththe New and
Impdlifint Feature of Life Assurance adopted by e DEPOSIT
sad GENERAL LIFE ASSURANCE COMPANY.
*The following Is an extract from the Report of the Select Com-

Mattes -
" Irma warren which persons HAVE IN VIEW IN EFFECTING IN.
Mammas upon their lives, are GENERALLY OF AN IMPORTANT AND
SOLEMN character, VIZ., the PROVISION FOR WIDOWS AND ORPHANS
after the death of their 1141111.1.1.PatrrEcross ; unlik• any ordinary
transaction of trade, R CONTRACT ONCE ENTERED INTO CANNOT BB
InsciLaßoin oz ABANDONED, if doubts of the stability of an
omee should arise, WITHOUT • SACRIFICE OF PREMIUMS PAID IN
Pen YEARS. and the necessi y of effecting new policies in other
oftlces at increased rates of premium, owing to the greater age
Of the assured ; persons are thus placed in the ANXIOUS AND UN-
SAPPT DILEMMA OF BEING COMPELLED TO PERSEVERE IN PAYING
. PREMIUMS FROM TEAR TO TEAR, with SOME suspicion and doubt as
S 0 the ultimate advantage of doing so, OR OF INCURRING THE SE-
SIOUS LOSS WHICH, UNDER THE MOST FAVOURABLE CIRCUMSTANCES,
YOST ATTEND THE ABANDONMENT OR SALE OF A POLICY."
On the DEPOSIT SYSTEM a person is NOT COMPELLED" to pay
tarn " YEAR TO YEAR." and he does not, if desirous of ABANDON-
-1010" his Policy, incur any'' SERIOUS Loss," but, on the contrary, he
May pay such amounts, and at such 'lmes as he may find most con-
venient ; he can stop paying whenever he pleases, and he can with-
draw the whole or part of his premiums. If the whole be with-
drawn the Policy is cancelled ; if part only, then the value of the
Policy is diminished by the assured value of the part withdrawn.
A B, aged 20, opens a deposit policy with a payment of 51 , which
it will be seen he increases from time to time, and occasionally
Mee.

tlillt________-_______
ttr4 „400-mcm.m...,-,...
;
i E..: 4.-.7-4-7.27.1.e-!.1--
et RV 4:-..,7;47.-31E.Fitv2gi
V
Pi
i Z
T., .... ......
,0t0.2. vmc..4 ~..!,
A
...c.) ----.— ... ... _
r • m
v .„
.... ... .
.4 ----,
V.. e .4 _______----_—__
cl et .e. im
g '841;
• .Ad li . m
gui..;• 1111 11-111
a ,'65 4 m m
0
,4
Al, . :I—V
t 1 ei'. 711 .,,,,.., ~,0
41 i ! . .. eve,
t .4 BrC
I.' gat 4-7.-.2gna:in2:7.T.ssg
-4
''; 3 ►,,-.
1
• A 4.10040 C 44 Olio. 000 1,.
• 41 C.,i74-171 ........... .
; C.) 8.
• --
a.. 1
."*.l ....
: • : .... •
.. ___

• • • •
::• • .
: • •..:•-• :0 • •C.;
M M M M MM W.
P.l •••• 1.•

Thus A B, in 10 years, has saved and inverted at different int. r-
?Ms various sums amounting to 971., by which he hart neon insured
In case of death for 2601. 12s. 7d ; but A B requires 22/. ; h • draws
this sum out, and diminishes the value of his Policy by 60/. Bs. 3d.
at different times, leaving him in case of death a Policy for 2001.
4s. 4d., and during his life a fund of 75/. to draw out at any time, in
part or wholly.
The first claim settled by the Deposit and General Life Assurance
Company was upon a deposit of 101. which a parent made for eaeh
of five children, instead of a 'ding it to an account they had at the
bavines Bank. One them died a few days after the 10/. was de-
posited, and the father received 341. 65., being the amount of the De-
posit Policy.

EXAMPLE No. 2.
Supposing B, aged 23, when he opens a Deposit Polley has the
s,
mean and VOLUNTARILY tO pay the same sum every
In the same waycontinues as he is COMPELLED to do in the ordinary system.year

Year. Age.
23 '"------------ - _
IS 49 6 6
18 48 16 0
1852. ..... •• ••• • ••
2248
18 47 18 0
1853 • .• •• • . • • ......
26
18 47 4 6
18 4G 10 6
18 45 17 6
18 45 4 0
1857.• .. ..... •••• • •• 30 18 44 10 6
1858................31 18 43 17 6
13 43 4 0
1560.... ..... .......
33
1861 90 206 7 6
to
1865..
1566. ...... • ..... ..• 38 190 4 6
90
•(
72 141 3 0
to
____. ------------
1,000 4 0
432
1875 •• •• •, •• 47 .1 194 13 6
101
to
1830, •• •••• •• ...... 52
1881..•• •• ..•• •• .... 531
90 147 18 6
to
1685...... ..
108 182 10 6
to
1181.• .......• •• •• 63 - .--.----
73S 1,525 b 6

Th premium or I*l. commencing at 23 years of age, a .d paid twon
611 ordia Policythe (1.3 IT MUST BE) every yeAr tillyears
old, will sxy
secure same sum, viz., 1,001/., hut if A. B lives 7
years longer (which is the probable ouration of life at the time he
effected the insurance) his Deposit Policy. for the same payments
As for an ordinary Policy of 1,0001., will have increased to 1,5257
ie. 6d.

TRUSTEES.
The Hight rfonourable the Lord Viscount Drumlanrig, M.P., P.C.,
Comptroller of her Majesty's Household.
Major-General Slr W. Clayton, Bart., 79, Gloucester-place, Port-
man-square.
fair Charles Price, Bart., Banker, London.
vice-Admiral Ayscough, Prospect House, Southampton.
CHAIRMAN.

The light lion. the Lord Viscoan---t Drumlanrie. M.P., P.C. Comp-
troller of her Majesty's Household.
CONSULTING ACTII/EY.
Francis G. P. Neison. Esq.,
rawnnso COMNISICL..
R. B. Crowder, Esq., Q.C., M.P., Recorder of Bristol, Counsel to the
Admiralty, and Judge Advocate of the Fleet.
R. Melina, Esq., Q.C., M.P., Lincoln's-inn.
Chief °Mee, No, 18, New Bridge-street, Blackfriars, London.
Loans granted at S per cent. on real or personal security.
Annuitiee on most favourable terms. Diseased lives and lives de-
Stied by other offices accepted at equitable rates.
For Prospectuses and farther information apply to the agents in
'pastry. or to C. W. Bevan, Resident Secretary.
Agents want/ad la all parts of the United Kingdom,
sr. Llie isenranoes effected on the ordinary plan.
r a splattir. to be tad gratis on application at the Paulen
t 7 lona eadosias s KOMI 6"P')