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

CHILLES BRITISH and FOREIGN
L LIFE ASSURANCE ASSOCIATION and LOAN
BANK. Capital £500,000 Sterling. To be empowered by
Act of Parliament. In 20,000 Shares at £25 each. Deposit
£2 10s. per Share.

DIRECTORS.
George Henry Brown, Esti. Arthur Bolland Field, Esq.
Thomas R. Davison, Esq. John King, Esq.
Edward Charles Eddrup, Esq. John Milner, Esq.
Robert Embleton, Esq. George Tanqueray, Esq.
John Baker Wright, Esq.
With power to add to their number.
AUDITORS.

Thomas L. Davison, Esq. ; John Partridge Makeham, Esq
BANKERS--Union Bank of London.
PHYSICIANS.

James Arthur Wilson, M.D , 28, Dover-street, Piccadilly.
Richard H. Goolden, M.D., 8, John-street, Adelphi.
SURGEONS.

Thos. Blizard Curling, Esq., 1, Mount-place, London Hospital.
William B. Langmore, Esq., Finsbury square.

STANDING COUNSEL.

Edward Yeunge, Esq., I, New-square, Lincoln's Inn.
SOLICITOR—T. Butts Tanqueray, Esq, 35, New Broad-street.
SECRETARY—Dr. Adolphus Courvoisier.
Experience has established the value and importance of Life
Assurance to all classes of the community; and the prosperity
attending the institutions of this nature, which have already
been founded, incontestibly proves the soundness of the princi-
ples upon which its calculations are based.
But the system of Life Assurance, however valuable to the
members of ihe community in general, as affording the means
of either entirely providing for, or of greatly enlarging the re-
sources of their families after death, may yet be regarded as
more immediately and especially beneficial to those persons
who are wholly dependent upon their own exertions for sup.
port, or who have only a life-interest in the property
i they pos-
sess. It is valuable also, inasmuch as it enables individuals
with fixed incomes, (from whatever source derived, whether
from Government or other situations, or from pensions or an-
nuities for lives), to perpetuate them to their representatives
—offers entire indemnity to creditors against loss by the demise
of debtors—secures the continuance of leases determinable upon
lives, and renewable by fine—attaches responsibility to personal
security, thereby assisting individuals to obtain such temporary
aid, by way of loan, as may be necessary for conducting their
business, or the fulfilment of their engagements—anticipating,
and altogether providing against the inconvenience and injury
often occasioned by the withdrawal of capital from business on
the death of a partner. In short, it is available to persons in
every profession, trade, office, and circumstance; and, under
all the modifications, and constantly occurring varieties of con-
tingent interests, dependent upon the duration of life.
Nevertheless, strange to say, but very few persons have hi-
therto availed themselves of the inestimable benefits which Life
Assurance is so well adapted to bestow—their number being
only about 88,000 out of the vast population of the United
Kingdom. It is, therefore, evident that an ample, field remains
open for the exertions of a new Company of a similar charac-
ter. Moreover, it must be evident that if such Company can,
irrespective of the advantages usually proffered by the Societies
already established, and without risk to the interests either of
the Proprietors or of the Assured, propose other benefits highly
useful and important to both, it must safely and successfully
enter into competition with the existing Institutions with full
confidence in the support of the public.
Of the large profits which have been derived by the Share-
holders in some of the principal Assurance Companies, an idea
may be formed by the perusal of the following short Table,
which has been compiled from the most authentic sources;
and, from this, it must be manifest, that a Company which, in
addition to the ordinary business of Life Assurance, embraces
also the business of a Loan Bank to the Assured, will, if ably
conducted, offer to the Capitalist a secure and productive in-
vestment, without trouble or the danger of pecuniary loss.