The Sun.
London, England, 1853-06-23 00:00:00

EAST INDIA. HOUSE, 22d JUN!. 1863-
TIRE COURT of DIRECTORS of the EAST
the proINDIA COMPANY publish, for the information of such of
Poraietors of The Promissory Notes of the Bengal Five per
a,.b114 ot 1825-6, numbered from 1,151 to 5,-500 Inclusive. as
,lets,
beresident in Europe, the blowing NOTIFICATION, which
Ciller sued hy the Government of India, and publi.thed in the
GdZette Extraordinory," of the 23d of April, 1853:

No. 13.

Fort William, Financial Department,
the 23d April, 1853.
police NOTIFICATION.
tjia is Hereby Given, That the Five per Cent. PromissorY,Notes
p `:*°vertiment, of 1825-6 standing in the General Register of
inclul:.,!gistered Debt of tills P;esidency, from N 0.1,151 to N 0.5,500
tea .I.ve, will be discharged on the 25th Jnly next, on which day
~Itiere•t, thereon will cease.
ee„.°DePt aeltionent of principal and interest, at the rate of 5 per
p r tnlnum to the date of advertised discharge, will be. made
Vest. ;°Pnetors who may be desirous of transferring their Five per
s.'t the j:ttel3, mlvir ordered :or payment to the open Four Cent. Loan.
'r"t tl tbrna ry, 843, provided, however, in this case, that ihn-
-4,5• iteku le rate at 4 Per cent. per annum shall be allowed. on t
'tthe Pi "I"gnient% only from such advertised date of discharge
7s,_,veller Cent. Notes.
tonal amount necessary to convert any note into one of
es hundreds
..ompany's Rupees, at the prescribed rate of 16
lrosi thg for 15 Ricca Rupees, will be either paid to or received
, 'the s„,7o,Priotor at his option.
stir, th'u•Treasurers at rt William, Fort St. George, and Born-
tlithoriste jseveral Iteidents, Collectors. and other Public Officers
t,?_ to receive subscriptions to the Four per Cent. Loan now
hereby req.dred to g ant acknowledgments to Proprietors
tfts, 4Y desire to transfer their Five per Cent. Notes ordered for
to the
open Four per Cent. Loan.
17hich Acknowledgments, together with the Promissory Not s for
any ci,T7 may have been ltsued, shall, without fee or expense of
anth 414 en'4 10
La' i
,the .'roprietors. be transmitted to the Deputy A ceount-
, to the uovernment of India in Calcutta, who will forth-
to be prepared.and issued to the parties entitled thereto
it is I l'otes in the Four per Cent. Loan.
sf epovetirtheri: ot fled that for the accommodation of the Proprietors
rlot bth,innent Promissory Notes now advertised for payment svhe,
Msifent in India, may not have famished powers to their
ate
grant
i attornies to receive' the principal amount so to be paid,
ths u,
tde,,,Ze.r.nnrGeneral of In is in Council has authorised the Deputy
," the —lt General to allow the conditional transfer of such notes
tlisterjen Four per Cent. Loan, leaving it optional with the Pro-
h ec'efirm the nsfer, or, to require payment in cash, when
414,10,..?t be informed thereof, provided, however, that no notice
Aress.,7p; a transfer will be received after six menthe from the
late,
'4l'ect by Order of the Most Noble the Governor General of
14 Connell.
(Signed)

F. A. DORIN,

Secretary to the Government of India.
JAMES C. MELVILL, Secretary.

c, , S CASINO, ARGYLL ROOMS.—
„'" k
gen, CH WES E. LAURENT, Onslow-house, Fulham-
tvery‘ Evening. The Oreheetra will perform, during
„ The Lose," " Thistle," "Shamrock, "Amine," and
)43411,„ Waltze, by 11. Laurent; 'he " Ilosalinda " and
AriVOire4 gYD'Albert ; the " England," "New Topsy," and "Lago
Vl adrilles ; the " Gold Hawk' and " Juno" Polkas.—
'g boors open at Half-past Eight o'clOek; to coin-
"fie, and terminate at ljalf-past Eleven,

~~~OTTISH WIDOW'S FUND Lrrer
ASSGRA.NCE SO`IETY.
h 'I
!le t I General Court of Members of this Society
the 'llloiyaal Hotel, Princess-street, Edinburgh, on
The e 27th ult.
g!ir ' GTl34)'sT CRAIG, Bart., in the Chair.
vkrecti7eretary read the' minutes of last Court, which were ap-
'll •
tr Ma
trarisaet,nager read the Report of the Directors as to the Society's
,„,a" telt a during the past year, which was also approved of, and
"
Anr,_ eblig follo
thewm eming is
bers extracted
,7he occasion of this the
.Thirty-
,7 Atat, Tal General Court, and filth periAl of inveetsgation into
otal Of the So iety's affairs, the Directors beg to offer their con.
Pear. antis en the result of the Society's operations during the past
51 UPon the satisfactory conclusion at which the Manager
E "ditor
he read
have arrived in the report submitted by them to she
read `‘'inarY Court of Directors on the 17th of this mouth, and to
th" Witi'l°"daY•
regard to the Society's transactions during the past year
ei-ors have to report-
4aat the
number of policies passed has been 834, covering in-
3. TsLua'aoces to the extent of 551,3391. 13s. 6d.
at the Society's realised and accumulated capital has in-
caseder during the year to the extent of 105,7501. 7s. 1 Id., and
7t. ed
"'ellat at 3lst December last to 2,556,54 a. 10s. Id.
That the revenue has liketvise increased during the year to the
Zft,'„nt Of 19,7001. 125., and amounted at 31st December last
t 21.
44 there have been 10G deaths during the year, covering in-
tturaftees including beaus additions, to the extent of 188,8441.
Lottaill be ae ,mat Annual General en, on comparing the above statement with that lad
Stad''' Court, that the amount of insurances
ir, th
Year, 1852 is considerdbly in excess ot that grant, d int
'us eir 's Year, 1851. Whilst this increase is attributable in par
ellinstance that last year was the closing year of the septen-
kNiTs it may also be , airly assumed to be an indication of the
confidence in the public mind as to the stability of the
and Of the soundness of the principles on which it is estab-
'rectors do not consider it necessary to enter upon the ques-
n(alls".lllch 'lave lately attracted so much of the public attention,
4aPeet to the relative merits of what are called the old and the
pNit 'es, e
baeommunitt they anticipatefrom
that
thuch beeninquiries efit %sill bnow being
found to
, th
the Cemitt eyof the House of Commons on the subject
45' am e
-suran
14re N artla Iles: capital and revenue. of the Society, few remarks
ed c
i'-oster ailed f,:r. These continue to increase from year to, 3 ear—the
th aetb, are satisfied that the capital is all safely este .—and.had
e
01r n that a special report was made so lately on the subject,
pl4lriltr,,,?tera
report at this period have themselves revised all the
ivor and pd thereon. Since the commencement of this
Zr!oatZerrt.riarge investments have beletnsomsiedceuruer
niotwhe secteunridtsy
in
~,,44;,,,?ardesaolfeistate,
talnitdontshsetaetelliontt.
tbhirecthrs hwat?emthe satisfactiol to report that the privilege
(41 -e3' wet' peivered to grant, in terms of the third resolu-
L pass e ern
e,, at the Annual General Courtin March, 1852, and con-
•llet at
,the !Special General Court bed in September following.
largely taken advantage of by the members.
eller i'l'ectors have as
to report that they will, from and
Lvaahat?. dote be in aposition to receive applications fur the
cr the bonups additl
ens,. towards reduction of the
o 41ina.—emlians, whether those sailing due during the future
'4131 'nee of the policies or those falling due between this date
atOd es hbeetmber
ih; 1859, When
uc the next investigation takes place.
effect of sh com mutations have been printed,
'tre
n`-'W ready for distribution amongst the members.
JAIIES TYTLER, Chairman.

'llkimfinager afterwards read the Report by the Auditor and him-
Otr the surplus fund, as submitted to and approved of by the
"t 481fZinatY Court of Directors, held on the 17th ult. This Re-
, 1(410u-wed that the surplus fund, as at 31st December, 15582,
gtifi thlt,ted to .. • ...... •• : .... •••• • • • • £829,046 7
1444:,‘ termstting aside one-third as a guarantee
nl of the Society's 1aw5......... • • ..•• 276,348 15 2

tittThat There remains •....... •• .. •.£552,697 10 5
th 3r p ovide for additions to the So.
ao e Tctent of entitled to p rti6pate in the profits, to
m °cello-141r %, or I/. 15s per cent. per annum upon
I;revions;"44l amount of the original assurance
3141,
', 'T-ileclared additions, in terms of the So-
there would be required a sum of ...... 53”,565 0 0

:the 1,5 Leaving unappropriated .......... £22,132 10 5
I'licaril,,nager then read extracts frcm minutes of the Fxtra-
ir'„? Maio 'curt of 1 irectors approving of the report, and order-
ti7);' Of lc", to be made to the policies, In terms thereof, atthe
it 4 Col '5B. pia: cent. per annum, and at the same time providing
,Itillgent addition at a similar rate per cent. per annum, on
ti,:1)011e
\''stictits Witte)] may em{ previous to the next period of inves-
'l4ls4as 2°PPlementary observations were attached to the Mane-
Iq ,34541.1.tteditor's Revert, from which,the following is e.xtfroarcintedal
,17 tit.g to the Extraordinary Court the preceding nt,
D-Zlgrstl'ireporters trust that they may be permitted o add ‘th.eir-
nee ~a,ts upon (as it seems to them) the very satistactory
the affairs of the Society, as exhibited in the result ot the
ree-,.;.Trielitigation which they have just concluded. In making
upon the previous septennial investigation, under which
IgtohtleCts, allocated a toilus addition to the benefits of. 2 per cent, per
1,0 fress,4c reporters took the liberty of stating their
Ltto N,555; !he circumstances of the case as regarded the inc easing
-iat the older engagements of the Society must ?ri!,ces'aril.v
:te thue More recent assurances, and the improbability which
th'llif re 41Peared of the full estimated rate of 4 per cent. merest
sat 14,sed on Invested capital, that it was hardly to be anticipated
ttl'ortc'er4grge a rata of bonus could be permanently maintained. The
)14Iltili,
a-ti,are glad to say that their anticipations as to the las; cause
on have not been Teallsed, the funds of the Society having
dot
return of snore than 4 per cent. during the septenofal
kZted an the other hand, however the amount of new Insurances
that period has been somewhat less im absolute
ttssAfrit van during the previous period, and their ratio to the
Previous eneagements is diminished, of course,in a
!,' degree. The Court is aware that, from the treat care
„"ties, ""e selection of the lives ad mitted to the benefits of the In-
-115'40,5 r there is in the earlier years of admission, a very small pro-
-11;4 Ns" deaths as compared with the tabular expectation; but
est,sareeeLcillPtlon does not and could not be expected to prevail in
ho,-41att" degree in after periods It appears, accordingly, from
4he by bich have been made by the reptirters, that the rato
14'"„ttliiii,, the actual mortality to the tabular rate during the last
10104, ' Period was within a fraction of 57 per cent., while in the
elaerl'criods, when the proportion borne by recent insurances to
tlib!81 b,„‘'," larger than in the present, the ratio of mortality was
hs,-.lcut;; a sufficient difference to account for the present
./1 the rate of bonus. The reporters trust that the mem
/te.,",e 45.„'e Slcciety generally will be fully satisfied with the results
Dit;cer oe.s,llgation, and it may probably be superfluous to am large
tislN fora s),`"e subject. There is appended to this report a table pre-
l'reZl at e:,n, Purpese of showing the amount of bonus which has been
llit""ea ;7, o Previous period of investigation. and that which it is
,1' a,dd at this time. From this table it will be seen that.in
s„h ere Policies entitled to rank from the year 1815 to 1839 inet final ere I. not above a few shillings of difference between the
1w :it Per not now proposed to be added and that which was added
tele,colet,tl Of Investigation. This table likewise shows in its last
11%1,4 the rate per cent. with the additions made to the
‘l).. r'rb-ps la!t Period of investigation, and that which the additions
chars st()lsect to be made, bear to the original sum assured—thus it
!kit ?ofeant,,,i addition now proposed to be made ts equal, in the
to *ee elder Policies, to upwards of 3 per cent. per annum for the
st,ncjears, the rate decreasing, of course, as the policy is of
het?' liegOg on the Society's books."
N2,l)eiti 5.`,.6, the Society's chief medical officer, then read a re-
Mortality amongst the members for the last seven
jiathQ sill. Gibson Craig then addressed the meeting at some length
cf the Society's affairs, adverting to the extent of the
0'111451 during the past year, and to the result of the investiga-
NIA' the „,"ad been com leted
sh,eea is•sartion of the tsper Dr. Robert Buchanan, of Glasgow, se-
ile wlsSir Robert Houston,. of Clerkington, K.C.8., a Tote of
itec?tlie nin!lassed to the Directors, Trustees, and Office-bearers.
the ,414 b,,-,-,"°o di the Very Rev. Principal M'iar an, of Glasgow.
~4454'.0_110,,,,inhar1es Cowan, Esq., M.P., the Courts of Directors for
gee twee year were appointed, the following noblemen and
appointed in the room of those who retired by rota-
raLSIDENT.—HiS Grace the Duke of Buccleuch, K.G.
AS EXTRAORDINARY DIRECTORS.
Rt
I 1
'
)111: ' the
srHiart B
of Stair. Theßight Rev. the Lord Bishop
-riche r
I s'l4. heloh str ank er, of Lincoln.
fohn Amery, Esq., Banker,
Richardson, of Pit.. Stourbridge.
qt4l.le/5. As ORDINARY DIRECTORS.
Ai 4 bunrVeriS F. Primrose. Christopher Wood, Jams Esq.,
43,Advocate. . Merchant, Leith. •
ii„4lg, Our •of •'•
qtjtf Chat; Piing, moved a vote of thanks to Sir Wm. Gibson
Lc: adiottrarnlle.dwhich was carried by acclamation, and the Court

tdi JOHN MACKENZIE, Manager.
41,141 11 nrSh 5 Wm. LINDESAY, Secretary.
5,"141 'l.ltlile' 'St. Amdr'w-squaze, Jane 3, 1853.
-Nth:tin,.
~s showing the amount of bonus may now be had on
qt
111 in a 14e
tn ono
or three weeks ill rertificatcs wbe circulated amongst the
`ftht
r,i 4.-
hrtt %/IR. t, LONDON HONORARY BOARD.
1)141, 1 1-Inwl, Mark-lane. Samuel Laing, Esq., M.P.
Yi,ir'"P,rarti Pollock, E.g., Sir Jam Thomas Briggs, Admi-
-4 1,4 N% eiT,IPle. raity.
ol)n 'c'. 14(1 , East India Leonard Horner, Esq., Home-
i
444 tirra office.
"'4rle.3.' 8(1., Publisher, John .Taylor, jun., Esq., C.E.,
street.
Queen-street-place.
ugh M'Kean.
xchange-buildings.

O A GENT.—Hi
Mee, 4, Royal E:

v,
the Ihe roll( ' -
et, Drese :W.lla case will serve as an illuttration of tbe eft'. eit ol f
4. (i,'"luz tf,"alaraliori of bonus, as well as of the general principle
..sit '. erf"," Which the addions are' made :
,:lle i,,yer an assurance on July 31, 1826, for
likam. _Y4,attcn M January 1-832 there WAS added
"ne lis;774aottti3Ooroate of I i per,cent. per annum upon
~ bei

,el 9
Seve,, there
"aS added a bonus for the preccding
hhj at the rate of 2 )er cent per annum
Burn of ►1,0901, being.l •• • • :**. "

90 0 0

1,090 0 0

14 1B
them seven Per e Was added a blnus for the p receding
th,.t.trs, at the
1 rate 4,1' per cent, per annum.
surn of
,20/. 12i., 2 being— ..... • • • • • ** •

152 12 0

At th
4,(l3:;"tscvnet,,l!rtiaer there is added a bonus for the pre-
_ ,:;! ttr,,„a" :7_
as. at the rate of 13,i per cent per
.61417'er Bs. d. le3"7ove sum of 1,416/. 11s. 3d. (being
than what was added in 1846) .... 173 10 7
ab0i11.11.€1..10..ta.1. amount secured undE r this 1,0001
£1,590 1 10
tip itincihiyt.7:3;to * *** ********* d..e.a.th. • .ta.l:ing place
cei„r',l aspr, of"nn2f.try, 1860, there will be paid in addition to the
ot. t mitd 16s 6d for each premium that he may have
418 death 43 the per:od frolu 31st December last till the time