The Sun.
London, England, 1854-06-22 00:00:00

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NATIONAL LOAN FUND FIFE ASSUR-
ANCE SOCIETY.
26, CORNIIILL, LONDON,2ISt June, 1151.
NOTICE
HEREBY GIVEN, That the HALF-YEARLY IN-
i.ttEST on the CA?ITAL STOCK of this SOCIETY, at the rate of
BONS
cent. per annum, due on the 30th instant, together with the
I...tiUS thereon, declared at the annual enacting in May last, will
',7yinie payable on the 10th July next, and proprietors may receive
rsame at this Offtce on that or any subsequent day, between the
tsrll or 11 and 3 o'clock. And notice is hereby given, that the
`mhsfer Books of the Society will close on the 30th inst., and open
%lithe 11th day of July next.
By order of the B. W
Cou of Directors.
W. S. B. OOLIIOUSE. Actuary.

tCONOMIC LIFE ASSURANCE SOCIETY.
—The Rigkt Hon. Sir T. FRANKLAND Lzwrs, Bart., 31.1'.,
• Chairman.
BETIYY FREDERICK STEPHENSON, Esq., Deputy-Chairman.
".TAtmots —The lowest rates of Premium on the Mutual System.
The whole of the Profits divided among the Assured every Fifth
Year.
No• charge for Pelicy Stamps, nor for Service in the Yeomanry or
Militia Corps. •
Number of Policies in force, 6,600.
The Assurance Fund amounts to 1,340,0001. Income dpWarlls of
220,0001. per annum.
• :The sum of 397,0001. was added to Policies at thelast Division,
Which produced an average Bonus of 671. per cent. on the Pre-
rciltmas paid.
sAssiganees effected in the current year 1854, will, participate in
-the Profits in 1859.
For particulars apply to
ALEXANDER MACDONALD, Secretary,
6, Newßridge-street, Blackfriars,

ESTABLISUED 1837.
'IIIIITANNIA LIFE ASSURANCE COM-
Empowered by Special Act of Parliament, 4 Vic„ Cap. 9,

BRITANNIA MUTUAL LIFE ASSOCIATION,
• • Empowered by Fier Majesty's Royal. Letters Patent.
• COLONEL ROBERT ALEXANDER, RlMOkheath-park, alairDIRD.
about
description of Life Assurance business transacted, With or
."411Out Participation in Profits.
E. R. FOSTER, Resident Director. •
ANDREW FRANCIS; Secretary.
1, Princes-street, Bank, London.

SCOTtISH WIDOWS' FUND and LIFE
. • • ASSURANCE SOCIt,TY.
...1,311a FORTIETH ANNUAL GENERAL couytr e this Society
Zas held on FRIDAY, 26th May, in the Saloon of Gibbts Royal
,4‘'teL
ARCHIBALD DAVIDSON, Esq., Sheriff of Abeideenshire,
• - In the Chair.
The minutes of last general court were read by the Secretary and
ll'Proved of.
Themanager then read the Report by the laireeto•rs, from which
appeared
I• That the number of policies passed-during the year 1553 was g 21,
r erlng assurances to the amount of 534;015/. • 17s: Id., whereof
had been ta,ken up 770 policies, representing 504,5131. 15s. 6d.
of insurances.•
•
§:LIU the capital bad increasedslaringsthei•Lear,..to the **tent of
1. 15s; %1.,* and luartinnted; at attstecember last, to
9•Kr-,585/. 5s 3d.
la. That the annual revenue had increased to the extent of
4%37 4s. 3d. and amounted, at 31st December last, to
1,733/. 12s. 9d.; and
4. That the deaths which had occurred during the year numbered
431, covering assurances to the amount of 187,910/. 16s. 2d.
The approval of the directors' report was moved by the Chairman,
m a lengthened and able address, and unanimously agreed to.
There were then brought under consideration of the meeting two
Several resolutions or bye-laws, of which notice had been previously
. given in terms of the laws of the society, and the objects contem.
~ated by which are explained in the following extract from the
"'Airman's address:—
" The first of these resolutions is a proposal to increase the amount
Of the sum to which hitherto an insurance on a single life has been
restricted. According to one of the original rules of our constitu-
- Lien, the funds of the Society cannot be charged in favour of any
:adtvidual for a larger sum than 5,000/. But, in the infancy if our
ulStitution, it was provided that no insurance should be taken even
at this maximum amount. At first the arrangement was that
until the funds of the Society amounted to 10,0001. —a sum which
certainly looks curious enough when put in juxtaposition with the
it,vro-and-a-11,,1f Millions sterling which we are now possessed of—
„Waa provided that, until the funds of the S ,ciety amounted to
,"u
,0001., no insurance upon a single life should exceed the sum of
1,000/. It seems, according to the numbers which have been given
1° me, that the funds had exceeded that sum in the year 1821, when
We had a capital of 15,0001. sterling; but the Society did not even
then allow that an insurance should be taken on a single life to the
!al extent of 5,0001. ; but proceeding in the sate and cautious way
Which has always distinguished us, it was resolved in 1821 that an
insurance might bb taken to the extent of only 2,6001. ; in 1 n 22, to
lueextent of 3,000/. ; in 1827, to the extent of 4,000/. • and it was
not until the year 1830, when the capital had reached 190,000/ , that
•an Insurance could be taken to the maximum amount of 5,003/.
vSince 1830 up to this year, 1854, that has been the maximum.
:4°."fr, it is proposed to increase it to the t xtent of 7,000/., and I b..g
your attention to the circumstances in which this proposal is
luade. It appears that the increase of the sum allowed to be in-
sured has always proceeded upon a consideration of the increase of
Lhe capital, and of the total risks of the Society. In 1821, when
.000/. could be taken, the c spital was 15,000/. and the risks 140,000/.
4 need not detain you by stating the particulars of the respective
amount
of capital and risks at the different periods between 1821 and
_B3O, but will merely observe that in 1830 the capital was 190,0001.,
and the risks 915,000/. liow stands the case now? The risks
amount to 7,730,000/., being eight to one compared with those in
?30 while the capital, being 2,686,585/., is more than fourteen
times to one the capital of 1830. (Applause.) Now, it appe •rs to
41e that if in 1830, when our capital was only 190,000/., it was con-
aldered safe—and that it was sate our experience has proved—to
take an insurance to the amount of 5,030/., it must surely be safe now,
,
Tlia such a capital as we have, increasing in a ratio even beyond the
'labs; to take insurances to the extent of 7,050/. (Applause.) I
rertainly would not presume to offer my own opinion on such a sub-
act. Neither would I go much upon the f• et stated in the Report,
that
some London offices insure, not to the extent of 7,0001., but to
'be extent of 10,000/. They may be wrong in doing that ; and it they
Were wrong, it would be our duty not to imitate, but to avoid their
"ample. Bat I go upon this, that this proposition comes before you
With the recommendation of your directors, who have deliberately
and repeatedly considered this important subject. It comes before
Zu. after having gone through that course which the
rules prescribe
fore any law can be changed in this society ; and coming before
ru with a recommendation from your directors, you may rest satls-
ed of this, that it is a safe and proper alteration. To such a recom-
Mendation no statements or arguments of mine could of course add
any weight whatever. But I may observe that it would be a great
Mistake if any one supposed that this resolution, if adopted, would
oPerate in the slightest degree as an innovation on our fundamental
rules. There is no question of principle involved here. It Is a mere
question of the alteration of a matter of detail—the re-adaptation to
°ur altered and more favourable circumstances of the limit in ar-
-I;augement which was thought necessary in our earlier years; and I
'eel quite satisfied that if all those wise men who originated this In-
stitution were now here to see the success of the scheme of which
They laid the foundations, they would give us the same advice
'which has been given by the Directors in their report to-day. (Ap-
Plum) Then, gentlemen, I may further observe that it is only,
after all, a power that you are giving to the Directors. It will be
their duty to consider in every case whether this maximum amount
Should be taken or not. It will be their duty to consider all the cir-
cumstances connected with every proposal made to them, and it will
rest with them, if you give tiem this power, to exercise it with the
discretion which has hitherto distinguished them. (Applause.)"
the other resolution that is to be proposed has regard to the
transmission of money due to persons not resident in Edinburgh.
The principle hitherto has been that when we have to pay anything,
the creditor comes here to get the money; but there has been a rule
by which the Directors are empowered to transmit the sum to be
Paid to persons living elsewhere in scotland, or in England or Ire-
land, the person receiving the money paying the expense of the
lemittance. Objections having been made to this, it is now proposed
that the Society should take that expense upon itself. It has been
considered an objection that such expense should lie upon the credi-
tor; and the directors, who are intimately acquainted with the sub-
ject,
are of opinion that, for the sake of the Society, this alteration
should be made."
The resolutions having been separately put to the Meeting, were
unanimously adopted, with the exception that when the first was
Put from the chair a member moved as an amendment that it be
taken into consideration that day twelve mouths. The amend-
tnent, however, was not seconded.
'The CHAIRMAN intimated that in terms of the Society's laws, a
• Sneil General Meeting of Members would be held early in Decem-
ber,c faor the purpose of considering and finally disposing of the reso-
lutions.
On the motion of the Rev. Sir limey W. MONCREIFF, Bart.,
seconded by Lieut.-Colonel CADELL, the thanks of the Meeting were
then given to the Directors, Trustees, and Office-bearers.
On the motion of ROBERT Pan., Esq., seconded by W. Slarrn,
lsq., Carbetb-Guthrle, the Courts of Directors were appointed for
the ensuing year.
On the motion of the Venerable Principal MACFARLAN, the thanks
of the Meeting were given to the Chairman, and the Court there-
after adjourned.
COURT OF DIRECTORS-1854-55.
Par,siDENT—The Right Hon. the Earl of ROSEBERY, K.T.
VICE-PRESIDENTS.
The Rev. Dr. JAMES GRANT, Edinburgh.
His Grace the Duke of f3UCCLEUCII, K.G.
The Most Hon. the Marquis of T WEE D DALE, K.T. and C.B.
The Right Hon. the Earl of ELLESMERE.
EXTRAORDINARY DIRECTORS.
The Very Rev. Dr. Jenne, Oxford The Hon. Lord Benholme
William Penney, Esq., advocate Joseph J. Welch, Eeq., London
Rev. Dr. Hill, Glasgow Alexander Blair, Esq., banker,
Edinhurgh
Sir W. S. Harris, Kt., F R.S.
• The Very Rev. Principal M` W.
Far- WB. Watkins, Esq., Manchester
lan, Glasgow W. E. Aytoun, Esq., Professor of
Rhsteric In the University of
John North, Esq., Liverpool
Right Hon. Lord John F. G. Edinbuigh
Ha lyburton, M.P. J. Raven'iill, Esq., Warminster
Right Hon. the Earl of Stair William Wilson, Esq., C.• 3.,
Henry Bury, Bury, Esq., Manchester burgh
Sir J. S. Richardson, Bart. J. Y. Simnson, Esq., Professor of
Rt. Rev. Lord Bishop of Lincoln. Midwifery in the Unlversity of
John Amery, Esq., Stourbridge Edinburgh.

ORDINARY

Fleury Cheyne, Esq., W.S.
Robert S. Moncrieff, Esq., of
Fossaway.
Alexander Thomson, Esq., W.S.
Thomas G. Mackay, Esq., W.S.
John Cadell, Esq.. of Tranent
Alexander Dunsmure, Esq., Leith
..Thomas Beveridge, Esq., D.O .S.
William J. Duncan, Esq., Edin-
burgh

,IBECTOB.S.
Lewis A. Wallace, Esq., architect
A.. Murray, Esq., of Dollerie
Hon. Bouverie F. Primrose
George Dundas, Esq., Sheriff of

Selitirks.iire
C. Wood, Jun., Esq., Leith
A. Davidson, Esq., Sheriff of
Aberdeenshire
Chts. Forbes, Esq., Edinburgh
Isaac Bayley. Esq., of Manuel
(TEES.
I The Honourable Bouverie F.

TAGS'

W. Mitchell hoes, Esq., of Par-
sonsgreen
Jas. Balfour, Esq., of Pilrig, W.q.
Edward Loyd, Esq., Banker,
Manchester
MEDICAL OFFICER—James Begble, M.D.
MANAGER—Jolla Mackenzie.
AUDITOR—DonaId Lindsay.
SECRETART—WiIIiam Linde say.
AGENTS FOR LONDON AND THE SUBURBS.
CENTRAL AGENT.
nugh McKean—Office, No. 4, Royal Exchange-buildings, Cornhill
DISTRICT AGE`ATS.
Captain R. S. Ridge, 49, Pall-mall, agent for the West-end Distric
of London.
Benton Seeley, 2, Hanover-street, Regent-street.
Ferdinand Brut, 13, King-street, Southwark.
Messrs. Dallet a,d Co., Wax Charidlers to the Queen, Putney,
agents for Putney. Wandsworth, Richmond, &c.
Edinburgh. June, 1854.

Primrose
Alexander Pringle, Esq., of Whyl
bank

REPRESENTATION of the CITY of LON-
DOIL—The representatives of the City are generally expected
to be acquainted with its condition and insti
slature tutions, to be willing to
have
take a share in the business of the Legi, and anxious to ad-
vance the interests of the country and its colonies.
But who
long represented the city, country, and colonies in their business in-
? E. MOSES and Soss Wo have studied
terests and resource
their commerce d have gratified the wishesh ef all classes ?
Who are always returned by overwhelming majorities ? E. MOSES
and Sex. It is their only ambition to represent, in the most efficient
manner, the various stations in society by the most suitable, artistic,
and seasonable attire. To do that with the greatest care, despatch,
and etonomy, they have engaged in enterprises which have no pa-
rallel. The taste and the claims of the world's constituency they
fully understand, and no amount of business wearies their energies,
or relaxes their activity. Whatever professions they make they are
ready on all cccasions to fulfil. Their attire for the summer season
exhibits a very unusual degree of variety in materials, talent, design,
and superiority of workmanship ; and to order or ready made may
be obtained at their City or West-end establishments, at the most
economical prices.
Dress for juveniles and young gentlemen coming home for the holi-
days is best obtained at E. MOSES and
Soles. It has the advantage
of being more fashionable, comfortable, elegant, and durable than any
and elsewhere. Hosiery goods, the richest and most useful—Hats
and Caps, the newest styles and most comfortabled at E. BIOSES and
e wear—Boots and
Shoes, which cannot be equalled—may be proc.ur
Sores, at considerably lower charges than are Bestcustomarily
oe made.
The largest wholesale Clothing. Shirt, and depart-
ment in the world is at the establishment of E. Moses and SON. d
the
CAUTION.—E. MOSES and SON regret having to guar
public against imposition, having learned that the untradesman-like
falseh od of " Being connected with their Establishment," or " It's
the same concern," has been resorted to in many instances, and for
obvious reasons, they beg to state that they have
No CONNEXION WITH ANT OTHER HOUSE IN OR OCT OF LONDON,
except their own Establishments, as follows :
London City Establishment, 154, 155. 156, and 157, MitIOTIeS, 84,
85, and 86, Aldgate, opposite the Church, all communicating.
London West-end Branch, 506, 507, 508, New Oxford-street, 1,2,
and 3, Hart-street, all commuicating.
13radtord (Yorkshire) Branch, 19 and 20, Bridge-street.
Sheffield Branch, 36, Fargate.
Colonial Wholesale Branch, Melbourne, Australia.
Merchant Tailors, Clothiers, Hatters, Hosiers, Furriers, Boot and
Shoe Makers, and General Outfitters for Ladies e
and Gentlemenwill be
IMPORTANT.—Should any article not giv satisfaction, It
exchanged if desired, or, if preferred, the money will be returned
without hesitation. All goods are mnrk mho lain figures, the lowest
price, trout which no abatement can be
The Establishments are closed from sunset on Fridays to sunset
on Saturdays, when business is resumed till 12 o'clock.
A new Book, with illustrations, untitled" The Echo of Public Opi-
nion," containing full lists of prices, our system of self-measure-
Went, &c., &c., may be had on application, or post-free.
Id Pon parte Francais. Qui si parla Italian°.
ma haunt ma Deguell. Ago bADIA Xspano,