The Sun.
London, England, 1847-04-26 00:00:00

Man ADDRESS OF THE COMMITTEE.
y praiseworthy hut ineffectual ettempte have been made to
brin: within the scope and operation of the laws of mot tality rind
motley the savings of the industrious classes, as well as various cal-
culations regulating their distribution, having for their t:bject either
Immediate, contingent, or deferred benefits.
A slight examination, however, will demon :trate that the con-
struction of these asseciations or societies is detective; and that ill-
stead of affording an easy access and a free choice of investment,
k
Edo: allould be the privilege of every one, they confine too nar-
rowly the 4,atmel through which a benefit call Alone be secured ;
and, in proportion ns their action is circumscribe:l and embarrassed,
their utility is limited. For example, it is not to every individual
or to every class amongst the industrious community, that provision
In case of sickness is an object of such importance as to call for a
Pecuniary sacrifice ; white to others such a provision appears more
attractive, and the loss of employment caused by sickness is a risk
against which they desire to be guarded. For this anomalous state
!nets
of things there is all effective and simple remedy ; that is to say,
ad
of covering, by one weekly or annual payment, two or more
benefit
or deferred benefits, so to arrange it that each separate
should have its separate contribution.
It is to not having observed this rule, and to the association of
tyro dissimilar functions. and by confounding, a sick allowance and
a%
annuity fund ill one and the self-same payment, that much of the
cuts and mismanagement has arisen amongst Benefit Societies. .
0...11° mechanism can be so perfect for the management of a sick-
Z*4IHW provision as that afforded by the constant sectional asso-
ciation and watchfulness of the several members composing it.. By
But the satne
----. Means a thorough and constant check is mutually exorcised, and
nerve but the really sick arc likely to become chargeable upon it.
perfection, or the same se'mrity, is seldom attainable
*.shsero a fund is to be accumulated through a succession of years,
' where results are to bear out calculations, money investment
being in general beyond the experience of the industrious classes.
For these reasons it is clear that the funds destined for a provision in
Mari
provistesososlfiooruolldboegkee:t entirely distinct from the fund intended as a
setridneetssed
lst n
-__ • --eeause tke laws of sickness and mortality, though apparently
, do not depend on the same calculation.
1...52 Because there are a great number who, in order to secure a
rote" Provision in old age are willing to take the risk of providing
sprobable sickness on themselves.
continued to a distant period is,
_6l_ Because the responsibility of managing a provision for old age,
in a great measure, incompatible
with ♦oluntary associations, fluctuating laws, and individual irre-
2,saibillty, and more exposed to a failure in the performance of
Zame.llontract , that when undertaken on the same principles that
4th.
B, govern commercial bodies.milted in
n the same
Because the expenses of providing for sickness must, when
uisb yi
danger the Payment with provision for old age, tend to dimi-
-131,z:41111:nor:
tnhoeroitshietrreisdom or good policy to en-
impre„ed:rnweettft?
'unto attached
of the diseussio these convictions, and with an intimate knowledge
Friend! an, Ilene Passing within the bosoms of many of lho existing
or Monti ' have bad
snetlt Societies the parties whose names are here-
to -ng a rents. several meetings, with a view of proposing
- give an . saY for these and other evils ; and in this mantle
and additional force to the principles of brotherhood, unity,
risks of sadden dissolution.
thent mutualfroin aid' en Which friendly societies are based, by guarding
sod front
diligent search amongst After much
erbiretsori m time to time for the attainment of one of the principal
4st the combinations ingeniously
in site i Friendly and Benefit Societies, they have found none equal
e_tY and
and sym s comprehensiveness of design, as well as forethought
peoposelatoY for the wants of the industrious classes, as the plan
true that bteethe National Lo ;n Fungi Life Assurance ociety. It is
Provision author of that plan has furnished an argument against
podin, in sickness; but, without concurring in the immediate ex-
other Y. of abandoning a provision in sickness, no one can read the
con,_npat tof the plan itself, without being fully sa•isfied that the
pea:, enee and safety of Friendly and leenefit Societies will be
.o_soaYnsecured and consulted, by separating the payment of a sick
"'Tr ce from an annuity for old age.
puldo.elnitation having waited on the directors of the National Loan
ous
this,. swrho inet in the handsomest manner the overtures made to
hnZnicie the establishment of a separate office for the transaction of
'hist i Is connected with Friendly and Benefit Foch) les, and the in-
stitutin classes in general, resolutions have beep en ered into, con-
Intins_F the Undersigned as a Committee, with pow (r to add to its
flexed for the promulgation of the benefits contain .d in the an-
klet wij°,BPectns, under the guarantee of the Capital of the Society,
with len, without interfering with the numerous objects connected
°Dint the institution of Benefit and Friendly Societies, will in their
to thr areatlY enlarge their sphere of utility, and afford a protection
See Presentingwett classes in old
Y has adequatel secured to them.
T
age and adversity, which nothing up to
Thomas
Burthorn, P.C.R.y, Ancient Order of Foresters.
John Fussell, C.R,; Ancient Order of Foresters.
..John IL Gordon. D.s. Ancient Order of Foresters.
',ernes Ilale, D.C.R., 'Ancient Order of Foresters.
JnenrY Hunt, P.G., Manchester Unity of Odd Fellows.
Joseph Nugent, no. css., Manchester Unity of Odd Fellows.
Samuel
Reeks, 8.0. F., Order of Old Friends.
yanauel Timbroll, D.C.R.. Ancient Order of Foresters.
Zxamnis DEFERRED ANNUITIES.
',lent --s`77'*--; A Person aged 24 next birthday, by the annual pay-
er 2 (L
' '3., or quarterly paymentmonthly pas molds
eels!' --", may secure on attaining the age of 60, the option ot Te-
en ._ Pa Annuity, 10/. 195., 21 • Cash down, 1071. is. ; or a Policy
ins Life, 1371. 17s. . '
taltiinenTsie'—A Person aged 26 next birthday, may secure, on at-
the an" `"o age of GO, an Annuity of 101., with the other options, by
or annual payment of 11.65. 93. or a single payment of 22/.173.3d.:
the ..n_ PaYMent of 61. ls. 3d. f'or disparity, he will be entitled to
or 'late benefits by an annual payment of 18s. 1 Id., the same as
„sage 10,
a.xem„,_ ,
nient ~7)"--A Person aged 30 next birthday, by the annual pay-
ed. 2s, -9, ''' may
or quarterly payment ef 75., or monthly payment
ce.7,e may secure on attaining the age of 65, the option of re-
ills lie. Annuity, 181. Os. 4d ; cash down, 1481. 12e. ; or a policy on
.. e 1751. I Is. * .caameis ,
asent of 11. 65.,
Person aged 3.5 next birthday, by the annual pay-
of 25.
la .... 6‘.. or quarterly payment of 75., or monthly payment
11l
etivio *. y secure, on attaining the age of 65, the option of re-
e,_ _ Annuity, 131.05. 4d. ; cash down, 1481. 12s. ; or a policy oit
s'''' Me, nu. lin.

x a m
".--"A LIFE ASSURANCE.
the sum person at the age of 30 next birthday may secure
all° Partr 1001.
payable at his death, whenever it may happen, and
01 2/
them eiPate inn the Annual Division of Profits, by the annual pay-
. a
, • •
lent I'4o.—A person at the age of 25 next birthday, by the pay-
-1121.6°f 4s. per month, or ls. per week, may secure the sum, of
Nrist PaYab'e at his death, whenever it may happen, and like-
hare in the annual profits of the Society.
F. FERGUSON CAMROUX, Secretary.

RATIONAL LOAN FUND LIFE ASSUR-
ANCE SOCIETY.
2G, CORNIIILL. 'LONDON,
Capital A 500,001.
Empowered by Act of Parliament.
This Institution embraces important and substantial advantages
With respect to Life Assurances and Deferred Annuities. The assured
ha'',
On all occasions, the power to borrow, without expense or for-
feiture of the Policy, two-thirds of the premiums paid (see Table);
also the option of selecting benefits, and the conversion of his in-
terests to meet other conveniences or necessity.
Assurances for terms of years are granted at the lowest possible
rates.

DIVISION OF PROFITS.
The remarkable success and increasing prosperity of the S•ciety
has enabled the Directors, at the last annual lavestigation, to declare
a fourth holing, ♦arying from 35 to $5 per cent, on the premiums paid
on eack Policy effected on the Profit scale.
EXAMPLES.

'eV
, premium. Bonus Bonus in Ig g Assured
. Cash. E o inay
5 g Borrow.
- •
---777777-77 n

{
4 .€ S. d• 11837'
1s38;
1000 3 4 118391
i 1840!
1841

.12171.5 1 £lOO 011;.11G 0 4k.1445 0 0
192 3 0, 87 1 4, 13 10 2„ 395 11 1
165 11 10 74 1 9 11 3 11 34 2 3
116 7 6 54 0 10, 718 101 296 13 4
111 6 €1 49 10 Oi 710 41 247 401

The division of profits is manual, and the neat will be made In
December of the present year.
F. FERGUSON CAMROUX. Secretary.

IMPERIAL LIFE INSURANCE COMPANY,
CORNIIILL, LONDON.

DIRECTORS.
HENRY JAMES PRESCOTT, Esq., Chairman.
GEORGE FIELD, Esq., Deputy Chairman.
James C. C. Bell, Esq. Daniel Mildred, Esq.
htiehael Bland, Esq• James G. Murdoch, Esq.
Charles Francis Cobb, Esq. John Horsley Palmer, Esq.
Andrew Colvile, Esq. Henry Pearse, Esq.
George Henry Cutler, Esq. George Reid, Esq.
George Hibbert, Esq. William R. Robinson, Esq.
Thos. Newman Hunt, Esq. Newman Smith, Esq.
/'OUR-FIFTHS, or SO per Cent., of the PROFITS will be as-
'minted to policies every fifth year, and may be applied to increase the
atlin insured, to an immediate payment in cash, or to the reduction
and ultimate extinction of future premiums, as shown in the follow-
IS example:—
PROFITS to POLICIES of 25 TEARS STANDING, entitled to
_ _ _

participate in the Bonus declared in 1846

Age Cash paid onlOr Prem.lAnd an-
at Sum Annual Bonus surrender reduced nual re-
-0-r
t '7. Insured. Premium. added. of Bonus. to. , tun of.
£ s. d. £ s. d. £ s. d. .£ s. d.'£
s. d.
14 1000 19 510 451 5 0 174 12 3 8 6 9 ....••
20 1000 21 15 10 451 60, 193 12 2 815 0,
20 1000 26 14 2 451 6 0 23G 18 7 710 5
40 1000 33 19 2 451 5 01, 284 0 6 49 8
50 1000 45 6 8 451 5 0 235 911 ....•• 419 4
60 I 1070 63 13 4 451 5 0: 384 12 5 36 10 g

Insurances without participation in profits effected at reduced
rates.

Prospectuses, and an explanatory statement of other advantages
now given by this Company, may he had at the Chief Offices as
above; at the Branch Office, 16, Pall-mall ; or of the Agents.
SAMUEL INGALL, Actuary.

PORT OF LONDON SHIPOWNERS' LOAN
AND ASSURANCE COMPANY.
_ _

Offices. 20, ST. lIELEN'S-PLACE, LONDON.
The Deed of Settlement of this Company having been approved by
the Registrar, and the number of Shares prescribed by the Act having
been subscribed for, the Directors will proceed upon the Ist of May
next, ensuing, to issue Sea Policies under their Connuon Seal.
For the effectual protection of both shareholders and the astnired,
the constitution of this Company is based on the principle of limit-
ing the amount entertained in and upo i individual vessels, or their
cargoes, in rateable proportion to the capital subscribed, and remain-
ing clear in hand aceording to a graduated scale, constructed with the
greatest care, thereby securing a wide and equalised distribution of
outstanding risks, to the entire exclusion of gambling profits, and
ruinous losses, from both sides of the account.
Under special clauses Inserted in the Deed, no single Insurance,
for the space of twelve months, from the date of issuing the first
Policy, will exceed 5001. For the space of three years from the same
date the limit has been fixed at 1,0001.; and for the space of seven
Years at 1,5001.,—a method of proceeding obviously calculated to
ensure a steady and remunerative business, and avoid the disastrous
results incidental to an opposite system.
A list of the Board of Directors, of the officers of the Company,
and of the Agents appointed for the outports, will be given in the
Prospectuses, which will be published after the complete registration
of the Compauy has been legally effected.

EAST INDIAN RAILWAY COMPANY.-
Notice Is hereby given, that the DEED of SETTLEMENT
Of the East Indian Railway Company LIES for SIGNATURE at
the Offices, 8, Broad-street-buildings, and the Proprietors of Scrip
Receipts numbered from Ito 80,000 are hereby required to transmit
the same to the Secretary S.r registration on or before SATURDAY,
the lat day of May next, in default whereof the shares will be sub-
icet to forfeiture.
Copies of the report, with printed forms to accompany the Scrip,
flay be obtained on application at the offices of the Company, 8,
Broad street-buildings ; Messrs. Carden and Whitehead, Royal Ex-
; and Messrs. Laurence, Cazenove, and Pearce,
Lirtholomew•lane.
N•Il• The registered share certificates will be issued in the order
Iq which the deed is executed, and the priority regulated by the date
of execution.
8° soon as arrangem,nts will admit, a notice will be issued calling
on holders of New Scrip to present the same for registration.

I OUVAIN A LA SAMBR.E RAILWAY.
DIRECT TO NAMUR AND TO CIIARLEROy
,ntiee is hereby given that the SECO \:D ANNUAL MEETING
of
L(l4e SIIARF.HOLDER4 of this 'Undertaking will be held at the
DON' TAVERN, Ilishopsgate-street, London, 011 TUESDAY, 11th
~,,o",T,Yl3l•Tanc;tt., at ONE o'clock precisely, on the General Business of the
Resolutions will also on this occasion he taken relative to the
sh
ber last,
upon which the Call of 21. per Share, due on the 2d Octo-
ast, has not been paid; and a proposition will be submitted on
the .
uhlect of the formation of the important line from Brussels to
4.ltraur.
_ _

—•
JOHN BARNES, President.
GEO. DANCE, Secretary.
Shareholders the Statutes of the Company it is necessary that all
lareholders intending to be present at the above Meeting should
deposit their Share Certificates with the Secretary, at least Ten Days
before
the llth proximo, in order to intltle them to take part in the
Proceedings.
28, Threadneedle street, April 16, 1P47,

No. 61, Grosvenor-street, Bond-street.
AIESSRS. MOSELY, Surgeon-Dentists, have
plying
11.F,MOVED from 32, Itayinarizet. Their system stip-
.s, iesse rtMcial Teeth ensurei the power to masticate, withoutlessenin;
the the taste of Una palate by artificial covering, 'Jr injuring
able ening teeth by use of wires. Their teeth are unchange-
perm_ )lour, and perfectly resemble the original. Decayed teeth
4401417 tiled awl restored to use, supers's:o4g extraction.