The Sun.
London, England, 1822-04-09 00:00:00

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NUMBER 9242.1

COUNTY FIRE OFFICE,

AND
PROVIDENT LIFE OFFICE,
REGENT - STREET, LONDON.
•
PRESIDENT AND TRUSTEES.
The DUKE of NORFOLK,
• The DUKE of RUTLAND,
The MARQUESS of •NORTH.),MPTON,
EARL GREY,
LORD BRAYBROOKE,
LORD KING, &c. &c. &c.
And Sixty Directors.
Managing Director, J. T. Barber Beaumont; Esq. F.A S..
RENEWALS on-Fire Insurance due at Lady-
Day must be paid within 15 days therefrom, or the
Policies will be void. . . ,
In the above Offices, Permanent Capitals, amounting to
650,0001. have been formed in addition to the fluctuating
Capital arising from the Premiums; which together consi-
derably exceed a Slillion Sterling.
Claims have been paid to Thirteeu Hundred and Fifty Suf-
ferers from fire, without a single Litigation. The Profits are
divided amongst those who now insure as well as the ori-
ginal Nlembeis, in just proportion to Lk respective Pay-
ments.
In the Fire-Office, Returns of el) and 85 per Cent.- have.
been ineariabiy paid to all Perions-who'have continued in
-
silted Seven Years,: upon Annual as welt as upon Septetusial
Policies, which Returns during the last Eight Years amount
o 36,0801.•
In the Life Office, Bonuses of 1:31.8s. and 261.-125. together
40 per cent. have been divided-during the last fourteen years.

IVORWICH UNION FIRE-OFFICE.—
II Certain anonymous letters and other publications, having
been lately inserted in the newspapers. of this kingdom, which
are intended to injure the Noitwicis Lox- FIRE IXSU-
RANCE SOCIETY, the Board of Directors have determined to
lay before the Public a plain statement of the change which
has taken place in the principle of the Society; in addition to
that general information which they have already given through
their Agents, as well as by means of advertisements, and by
circulars.
The principle of the Norwich Union. Fire Office, was for
many years that of mutual guarantee amongst the parties in-
sured, and although the concern might have continued longer
upon that principle, it was liable to difficulties from having no
fixed Capital; the Directors felt this objection, and were glad
to embrace an opportunity that lately offered, of fortifying the
Society against great and extraordinary losses, by a large sub-
scribed Capital. 'As the premiums in hand at the time this
change was effected belonged exclusively to the insured, they
were not mixed with the new subscriptions, and are.now in a
course of repayment to the .parties insured, agreeably to the
provisions of the former constitution of the Society. .The sub-
scription now entered into by an opulent proprietory amounts
to 550,0001., and the advantages reserved to the pdrties insured,
under the new constitution, are these—
I. That they are free from all risk or, responsibility for each
others losses.
11. That they receive back three parts out of five of the sur-
plus premiums and savings of the Society.
111. That this return is made at the end of three years, and
is not withheld from persons who remain insured, only for one
or two years, nor from those who have had claims for losses.
This is the general outline of the principle, and with regard
to the plan, there are Boards of Management in London, Edin-
burgh, and Dublin, and local Committees in other Cities and
Towns throughout the United Kingdom, appointed for the pur-
pose of assisting the Directors in the prompt investigation and
settlement of claims for losses.
The agents of the establishment were instructed to take every
means. of explaining the alterations which had been made in
the principle of the Society, and the most unequivocal testimo-
nies of their being cordially approved of by the insured, were
soon received from all parts of the kingdom.
A. feeble attempt to prevent the new principle from being
acted upon was made by four individuals in London, who ap-
plied to the Court of Chancery for an Injunction sa 0n.% the
Directors, on the ground that they had Misapplied the funds
and. property of the insured ; but this charge being unsupport-
ed by any evidence, and completely disproved on oath, the
Lord Chancellor dismissed the application with costs ; at the
same time observing, that he was quite sure the addition of a
capital of 550,0001. must be a prodigious improvement.
The Board of Directors of the Norwich Union Fire Insu-
rance Society have only to add, that they are desirous the Pub-
lic should know the whole of their proceedings, as regards the
management and general conduct of this establishment, that
they court every inquiry, and are open to every investigation.
Disposed as they are to act with a liberal and friendly feeling
towards other offices, they lament to observe, that one Fire-
Office (the County) has lately departed from that fair and li-
beral course which should mark the conduct of all public
bodies.
In proof of the general confidence placed in the Norwich
Union Fire Insurance Society, the Board of Directors refer the
Public to the annexed statement of Duties :
For the Year 1820 - - £41,554 3s. 9:1.
For the Year 1821 - - - 56,625 9s. 3d.
For the last Quarter - 18,470 15s. 4d.
JEREMIAII IVES, President.
(Signed) JOHN BROWNE, Vice-President.
EDWARD T. BOOTH JOHN S. PATTESON
THOMAS S. DAY J. W. ROBBERDS
HAMMOND FISK W. SIMPSON
JOHN HARVEY SAAIUE Ta STONE.

WILLIAM. HERRING
Board Room, April 2, 1822.

INSURANCE SOCIETY.
X 550,000.
.ONS.

Lord Saltoun
Lord Viscount Barnard
Sir George Jerningham, Bart.
Sir Joseph Scott, Bart.
Sir George Leeds, Bart.
Sir G. Army tape, Bart. &c.
iTEES.

R. H. Gurney, Esq. M.P.
Charles Harvey, Esq. M.P.
J. C. Curwen, Esq. M.P.

&c. &C. &c: