The Sun.
London, England, 1849-09-18 00:00:00

ISLAY TONTINE LIFE ASSOCIATION.
Provisionally Registered.
Capital, 600,0001., in 12,000 Shares, at 501. each.
DIRECTORS.
John Bain, Esq., of Morriston, Glasgow.
Archibald Murdoch Burrell, Esq., banker, Provost of Port Glasgow
Alexander Campbell, Esq., of Bedlay
Robert C. Cumming, Eq., of Barreminsn, Dumbartonshire
Henry Dunlop, Esq., of Craiaton, Glasgow
Archibald Falconer, Esq., of Glen Park, l'ort Glasgow
James Hay, Esq., merchant. Leith, Director of the Royal Bank of
Scotland
Archibald ...write, Esq., accountant, Edinburgh, ditto
Eagle Henderson, Esq.. Director of the Naiional Bank of Scotland
William linrie, Esq., Dean of Guild, I'erih
John Burn Murdock, E'q., of Gartencaber, E.'inburgh
David Murray, Esq., Provost of Paisley.
RANKERS.
Tim Royal Batik of Scotland and its Branches ; Messrs. Coutta and
Co., London.
SOLICITOUS.
Messrs. Turner and Wallace, 37, Virginia-street, Glasgow ;
Messrs. Goodwin, Partridge. Williams, and Edwards, Walbreol
House, London.
MANAGING DIRECTOR —Archibald Murdoch Burrell, Esq.
SECRETART—Jimes Murdoch, Esq.
The barony and estate of Islay, comprising, the island of Islas
arid small adiacent islands is in the same latitude as Edinburgh and
Glasgow, and is or.e of the richest and most prOduetive properties in
the west of Scotland. It co tains about 140,000 acres, of which
34,000 are arable, the rest being luxuriant pasture.
The present rental of this magnificent property amounts at present
to 20,0031.; but a Government grant of 30,0001. is now being ex-
pend,d in (treillage en! improvements. The rents are periodically
and legitimately increased as the leases fall in, and It is evident that
such a property must, under improved agriculture, afford a much
larger return. The purchase, it is expected, will be effected for
about 500,0001., and it is proposed to raise a capital for this purpose,
and contingent expenses, of 600,0001., in 12,000 501. shares, each
shareholder to nominate a life, and the whole body of nominees to
he insured out of the rental, so as to secure the repayment of his
subscription to every shareholder whose nominee lapses. The
remainder of the accumulated rental is to be divided ,very ten years
amongst the surviving shareholders, the last survivor to inherit the
estate. On the basis of 12,000 policies, in respect of the 12,000
nominees, it is farther contemplated to ingrate the general business
of a life assurance company, so as to secure an annual di, idend of

profits.
Thus it will he seen that every person taking a share in the Ton-
tine, %sill, under any circumstances, receive back the amount or his
t'ivesttnent out of the assurance fund, and will also, by way of in-
terest on his shares, receive an annual dividend out of the profits of
the general lite assurance department (and the basis and guarantee
indicated cannot fail t-, matte this branch most extensive and lucra-
tive) ; ha will, moreover, ►articipate, every ten years It's nominee
survives, in the accumulated and constantly improving rental ; and,
in the e, nt of his nominee beta; the last survivor, will become
the abso'ute owner, in fee simple, of the entire estate. It is also
to be observed that, as the nominees diminish in nimber, the
marketable value of the shares will year idler year be greatly en-

hanced.
The principles of the proposed Tontine have been maturely con•
sidered by F. G. P. Nelson, Esq , the eminent actuary of tlao Me•
dical and Invalid Assurance Company, and rece.v,d his entire ap•

probation.
The estrtc is to be vested in three trustees, resident in Scotland.
The aff tirs of the Society shall he conducted by a board of seven
directors in Scotland, commu, icating with a board of correspondence
in London. Two general meetings shall be herd in Scotland in the
months of June and December.
The preliminary deposit to be ss. per share (being the maximum
allowed under the Registration Act), and a call of 1/. per share shall
be made on c 'mplete registration. The remainder to be called up
by su,ll Instalments as may be found necessary to meet the payment
of the purchase money.
Applications for shares to be made to the following brokers &c., of
whom prospectuses and forms of application for shares may be
had:— Mes:lB. John Robertson and Co., 47, George-street, Edin-
burgh ; William Bell. Esq., 2, North-street, David-street, Edin-
burgh: Messrs. Buchanan Aitkin and Co., 41, St. Vincent-Place,
Glasgow ; J. C. Foulds, Canada-court, Queen-street, Glasgow
William Gordon, Esq., Aberdeen ; Janaes Thomas, Esq., writer,
Perth; A. Abercrombie, Esq., Paisley; Messrs. Joseph King and
Sons, Liverpool ; L. L. Lamming, Esq , Manchester ; Messrs. Flint
and Tootal, lluil; Messrs. Beardshaw and Co., Leeds; W. B.
Greenfield, Esq., 38, Throgmorton-street, London ; of Archibald
Murdoch Burrell, Esq., Royal Bank, Port Glasgow; and William
Bridges, Esq., at the temporary offices of the Association, 38, Throg-
-1 morton-street, London.

Jugt out, price Gs.,
PRACTICE in GERMAN. Adapted for Self-
Instruction.
By FALCK LEBAHN.
Whittaker and Co., Axe Maria-lane.
By the same Author,
GERM in ONE VOLUME. Second Edition, price Ss. ;
Key, 10s. Gd.

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