The Sun.
London, England, 1849-10-06 00:00:00

TIIE

110YAL BRITISH BANK.
Incorporated by Charter, September 17, 1849,
For Receiving Deposits at Interest, Discounting Bills, making Ad-
vances on Approved Securities, Granting Cash Credits, and trans-
acting every other Description of Bunking Business, on the
Scottish System.

16, Toßenhouse-yard, Lothbury.

Commencing Capita 100,000/., With power of gradual increase to

2,000,0001.

, .
The Governor and Directors have the satisfaction to announce
that the CHARTER has received the Royal Approval, and passed the
Great Seal, and contains authority to use the special designation of
" TUE ROYAL BRITISH BANK."
COURT OF DIREC LORS.

GOVERNOR.
John Macgregor, Esq., of Ennismore-terrace, Hyde-pack, M.P., for
Glasgow.

DEPUTY-GOVERNOR.
R. Hartley Kennedy, Esq., (Deputy-Chairman of the Oriental
Bank) Walbrook, and Resington Lodge, -Notting-hill.

DIRECTORS.
Edward Esdaile, Esq., City Saw-mills, Regent's-canal.
John Gwynne, Esq., of the Bushmills Iron Works, and Grove-lane,
Camberwell.
Achilles James Hertz, Esq., Angel-court, Throgmorton•street, aud

Pall-Mall West.
W. Somerville Orr, Esq., of Paternoster-row, and Church-hill, Wal

th am s tow .
William Daniel Owen, Esq., of Great Coram-street, and Highgate.
Apsley Pellatt, Esq., of Holland-street, Blackfriars, and Staines,
Middlesex.
Thomas Ritchie, Esq., of Bishopszate-street Within, and Dorset-

square:
Archibald Speng, Esl., Bombay Civil Service (Trustee of the

Oriental Bank).
Charles Walton, Esq., of tiewman's-court, Cornhill, and Waltham
Lodge, Talse-hill, Brixton.
GENERAL MANAGER. _ .

ilugh Innes Cameron, Esq., of New Palace-yard, and late of Ding-
wall, N. 8., to whom all applications are to be addressed, at the
Bank, 16, Tokenhouse-yard.
SOLICITORS.
Messrs. Mullins and Paddison, 1, Great James-street, Bedford-row.
The Establishment will be open for business as soon as the pre-
mises and internal arrangements are completed. As stated in their
more detailed prospectus, the Directors confidently expect to be able
to realise an amply remunerative return to the proprietors, but they
do not desire inordinate profit. They will labour for the former as
an essential condition of tke prosperity of the Institution :—they
would decline the latter as being inconsistent with its leading object,
which is to diffuse its advantages among the greatest possible num-
ber, not of shareholders only, but of customers also. The Royal
British Bank chiefly seeks—without competing with, or attempting
to rival, the existing Joint-Stock Banks, and to whom the public are
largely indebted--to invite the very numerous class engaged in trade,
or other active pursuits in the metropolis, who do not at I,resent bank
at all, to avail themselves of the facilities in business, and of the social
benefits, which " keeping a banker," assuredly confers :—to induce
those who have not yet thought of it, to endeavour to ac luire a habit
of prudent accumulation : and to offer to those who have already
attained to this virtue among the middle and humbler classes, not
Only a place of safe deposit for their accunuilations, but a fair return
for the use of these—arising from their distribution amongst the in-
dustrious, energetic, honest, and unseal men, whose powers are nude-
veloped, and they and their families depressed, solely from the want,
in many cases, of a little capital opportunely supplied. A portion
eomparatively small, of the unemployed surpluses of even the
humble depositors in Savings Banks, woul3, if discreetly lent to
such persons as those above mentioned, raise the condition in life of
multitudes in London, and by making them not only more useful
citizens but better men, benefit society at large, and, by causing
much that is now inert and unproductive to become active and
fruitful, increase the capital and the wealth of the country. Such
are the objects of the Royal British Bank. Having, by the favour
s of the Crown, been not only locorporated, but privileged to increase
their capital from time to time as their operations extend, the Di-
rectors purpose, thoroughly testing the applicability of the principles
on which the corporation is founded, to the metropolis, before open-
ing branches elsewhere.
Though their plan be new in London, and embraces features

Which arc not to be found in any one Bank hitherto established any.

- -
where, the Directors are so satisfied of their soundness and public
utility, that they are convinced it is only necessary to exhibit them
in practice, to win all to their opinion. To do so lastingly it must
be done gradually. They will, therefore, proceed by steps—if slow
yet sure—preferring certainly to speed, and remembering that the
oak was at first but an acorn.

While the Directors address more particularly the classes formerly
alluded to, yet the business of the Bank is to be conducted en prin-
ciples which will enable all others to avail themselves of the usual
banking facilities. It is,however, the earliest desire of the Directors
that the humblest customer who brings but his occasional deposit
of a pound, be treated by all in the Establishment with the attention
and consideration which the wealthy can at all times command for
themselves.

The rates of interest, &c., to be charged on advances, and al-
lowed on accounts and deposits, must of course vary with the state
of the market, and the value of money, which so frequently fluc-
tuates; but at opening, the Directors propose that the following
Shall be their

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Persons assured for the whole term of Life for 1001. and upwards,
in Great Britain or Ireland respectively, will be entitled at the end
of every fifth year (instead of every seventh year as heretofore) to
participate in the surplus Premiums, either by Addition to their Po-
licies, or an equiv alent Reduction will be made in the future pay-
ments of Premium, at the option of the Assured.
Policies may also. be effected for the whole term of Life by a limited
number of yearly payments.
ASSURANCES for SHORT PERIODS may now be effected in this
Office at considerably reduced rates of Premium.
The NEXT VALUATION will be made at Christmas, 1849, and
Policies effected be :fore that date will participate in proportion to the
time they may th en have been in force.
The Company's Rates and Proposals may bo had at the Office in
London, or of any of the Agents in the Country, who are authorised
to report on the appearance of Lives proposed for Assurance.
HENRY DESBOROUGH, Secretary.
92, Cheapside, June, 1849.

THE LONDON INDISPUTABLE LIFE
POLICY COMPANY
INCORPORATED BY ACT OF PARLIAMENT.
No. 31, LOMBARD-STREET, LONDON.
TRUSTEES.
J. Campbell Renton, Esq., M.P. Richard Spooner, Esq., M.P.
Richard Matins, E Isq.. Q.C. James Fuller Madox, Esq.
William Wilberforce, Esq.
DIRECTORS.

Robert Henry Forman, Esq.
John Hamilton, Esq.
James Fuller Madox, Esq.
John Matthews, Esq.
Charles 0. Parnell, Esq.
AUDITORS.
ISamuel Field, Esq.
William Ghrimes Kell, Esq.
MEDIC AL ADS IMI ,
Benjamin Phillips, Esq., F.R.S.
BANKERS.
IteSsrS. Spooner, AttwOod, and Co.
SECRETARY.
David Alison, Esq.
SOLICITORS.
Messrs. Atkinson and Andrew.
MANAGER.
Alexander Robertson, Esq.
The POLICIES are INDEFEASIBLE and INDISPUTABLE,
he Company being prohibited, by the 54th clause of their Deed of
Constitution, which is duly registered in terms of the Act, from
puting a Policy upon any ground whatever.
The Rates of Premium are calculated upon Carlisle mortality, and
are as low as a di ie regard to complete security will justify.
HALF PRE NIIUM SYSTEM. —By this plan only one-half of the
premiums, with in terest of the retained halves, is required to be paid
for the first five years—the retained halves, being payable at the
convenience of the assured. or allowed to continue, to form
a deduction from the claim on the Policy ; and as the As-
surance may be: relinquished at any time without payment
of the retained premiums, this scheme enables a party to
assure for the first• live years at little more than half the usual rate,
and to discontinue. a Policy at about one-half the usual sacrifice.
WHOLE WORLD POLICIES are granted, whereby the security
of a creditor, hold er of a Policy, continues unimpaired, although the
assured life shouli,l go beyond the prescribed limits.
Sums are assured payable to the parties themselves on attaining a
specified age, or :at their death, whichever shall first occur.
PARTNER SIUP POLICIES are granted, whereby a joint assurance
effected by partne rs, at the charge of the firm, secures the capital in-
vested. On the (math of either, the survivor is benefited by retain-
ing the whole ea•pital, and the representatives of the deceased obtain
their share with:mit having to wait until it can be recovered from
outstanding debts.
There is no extra charge for residence beyond 35 degrees of the
equator.
No Admission er Entrance Fees are required, nor is any charge
made for the Pol icy beyond the amount of the Stamp.
Claims are pay Able within three months after proof of the death of
the assured life.
The usual Commisslon allowed to Solicitors, and also to persons,
approved by the I3oard, who extend the business of Life Assurance in
connexion with this Company.

_
William Adams, Esq.
John Atkins, Esq.
Ilenry Augustus Bevan, Esq.
John Thompson :Bramwell, Esq.
Jshn Dangertleld, Esq.

George Cumming, Esq.
times Turner, Esq.