The Sun.
London, England, 1841-10-27 00:00:00

The principles upon which the business of this office is con-
ducted, is to afford temporary Loans to persons assuring their
lives with the Company, upon terms calculated with reference
to the amount of the Assurance effected, and the nature of the
security offered for their repayment. This mode of employing
the capital of the Association, is the adoption of means for
augmenting the number of lives assured, and of greatly in-
creasing the profits beyond those of a Life Assurance Company
only. And this will be found one of the most valuable prin-
ciples of Assurance, on account of its capability of being ap-
plied immediately and permanently to the benefit of the As-
sured himself, whilst living, as well as to others after decease.
Individuals possessing real or personal property, Officers in
the Army or Navy, Clergymen, Professional men, Merchants,
Tradesmen, and persons of respectability and character, may, if
assured with this Association, obtain advances for periods very
trig from Three Months to any other agreed period, in amounts
of 50/. and upwards, upon either real or personal security, to be
approved of by the Directors, including the security of Policies
effected by parties with this Association, according to their
value at the time of the Loan.

The Directors are persuaded that by combining confidence
with caution, and carrying fairly and liberally into effect this
comprehensive system of Loan in connexion with Life Assur-
ance, they will not only consult the permanent prosperity of
the Association, but at the same time render the institution
signally beneficial to the great mass of the community.
Having thus premised the General objects of the Associa-
tion, it is necessary briefly to state,
THE REGULATIONS OF THE COMPANY.
A Deed of Settlement will be forthwith prepared for regu-
lating the affairs of the Association, and for limiting the re•
sponsibility of the Shareholder, until either an Act of Parlia-
ment or a Charter may be obtained ; such Deed to be settled
and approved by Counsel.
The Capital of the Association shall consist of Five Hundred
Thousand Pounds, divided into 20,000 Shares, of 251. each.
'.l he Deposit is 21.101. per Share; which, it is expected, will
be sufficient to obviate the necessity of any further call ; and
Interest at the rate of Five per Cent. per Annum will be al-
lowed upon all Deposits from the time of payment into the
Bank of the Association.

The Accounts shall be audited yearly.
The original Directors and Auditors shall remain in office
five years; after which time Three Directors and one Auditor
will retire annually ; but will be eligible for re-election. Any
vacancy which may occur in the interim, either among the
Directors or Auditors, will be filled up by the remaining
Directors.
A Special General Meeting of Proprietors shall be convoned
by public Advertisement in the month of July, 1847, and
afterwards annually, to receive a Report of the progress of the
business of the Company, and an account of such other matters
as the Directors may deem it proper to submit to them.
The Qualification of voting by Proprietors at every Special
and General Meeting shall be according to the following
scale, viz. :
The Holder of 15 Shares shall be entitled to One Vote.
5 Too Votes.
2
Three Votes.
•.. 100 Four Votes.
And an additional Vote for every subsequent Fifty Shares.
Rut no Proprietor shall have a Vote in virtue of any Shares
unless such Shares shall have been at least Six Months in his
or her name, previous to such Special or General Meeting.
Assurances may be effected for 50/. and upwards, not only
on the lives of persons resident in the United Kingdom, but
also on the lives of parties resident anywhere within and even
beyond the limits of Europe, including Foreigners of all nations
at Rates pro;:ortionate to the nature of the risk.
To Naval and Military Officers, at home and abroad, every
facility will be given for effecting Assurances on their lives.
Ladies and others, to whom it may be inconvenient to ap-
pear at the Office, will be visited at their residences by a Me
dical Officer of the Institution.
The business of this Office also embraces Assurances on
Survivarships ; the granting and purchasing of Annuities, im-
mediate, deferred, or Survivorship , the purchase of Contingent
and Reversionary Property; the endowment of Widows and
Children ; and the advancing of Money, on Annuity, Mort-
gag_.e, and other available Securities.
The annexed Rates of Premium are as moderate as eollsifi!'