The Sun.
London, England, 1824-06-12 00:00:00

" Lloyd's,. May 12, 1824.
" At the Meeting of the Committee :
" The House of Commons having ordered the Report pre-
sented on the 17th of April, 1810, on Marine.lnsuiance, to be
re-printed ; and .a notice given by Mr. Foweli. Buxton, of his
intention to move on Monday next, for a Committee of the
House, on the Act of Geo. I. cap. 18, which restricts part-
nerships and societies from insuring ships and goods, and
from lending money upon bottomry."
" Resolved—That a General Meeting of the Subscribers be
held on Tuesday.next, the 18th instant, at 12 o'clock pre-
cisely, for the purpose of considering what measures it may be.
necessary to take in consequence thereof.
The following ResolUtions were carried unanimously :-
1. That it appears to this Meeting that it will be highly de-
trimental to the interests of this house and the public in gene-
ral, and ruinous to numerous individuals who have made in-
surances their sole business, and by whose talent, experience,
and industry, together with those of their predecessors, during
a period of more than 'lO9 years, the system of underwriting
has been fokered and improved beyond that of any other coun-
lry, if joint stock companies or partnerships be now authorised
to effect marine insurance.
2.. That, in the opinion of this Meeting, the formation of
Joint Stock Companies for the. purpose of effecting that which
can and has been done advantageously by individuals, would
be to create so many monopolies in different branches of com-
merce, be an infringement of the general rights of the public,
operate as an injurious restraint upon individual exertion and
competition, and 4 estructive of that system which has produced
so. much benefit to the commercial world in general.
3. That a Special Committee be appointed, who shall be,
and are hereby authorised to prepare and present Petitions to
Parliament or his Majesty's Government, and generally- to
adopt all such measures as they shall deem expedient for the
purpose of supporting the interests of this establishment ; and
that all expences attending the same be defrayed out of the,
funds of this house.
4. That the said Committee consist of the Committee for
Managing the at Lloyd's, via.:—
Benjamin Shaw, Esq. Robert Dewar, Esq.
Wm. N. Lancaster, Esq. George Shedden, Esq.
John Robinson, Esq. J. D. Powles. Esq.
Joseph Levy, Esq. Samuel Shaw, Esq.
- John Whitmore, jun. Esq. James Lindsay, jun. Esq.
James Innes, Esq. William Janson, Esq.
James Barnes, Esq. R. H. Martin, Esq.
John Sanderson, Esq. Wm. Leathley, Esq.
Joseph Marryatt, Esq.; also James Inglis, Esq.
Wm. Thompson, Esq. M.P. William Pratt, jun. Esq.

.
George Brown, Esq.
5. That the Committee be requested to make these Resolu-
tions public through the medium of The Times, Morning
Chronicle, and other newspapers.
6. That the best thanks of this Meeting be given to the
Chairman, and the other members of the Committee, for their
attention to the interests of the Subscribers.

(Signed) BENJAMIN SHAW, Chairman.
7. That the best thanks of this Meeting be given to the
Chairman for the able manner in which he has brought forward
and conducted the business of this day.