The Sun.
London, England, 1846-01-19 00:00:00

THE DISSENTERS' and GENERAL LIFE
and FIRE ASSURANCE COMPANY.
Notice is hereby given, that the FIFTEENTH HALF-YEARLY
DIVIDEND at the rate of five per cent., declared on the 7th instant,
is payable to the Shirdholders, without deduction of Income Tax,
at the Offices of the Company, No. 62, King William-street, London-
bridge, between the hours of Ten and Four.
By order of the Board,
THOMAS PRICE, Secretary.

Jan. 17, 1846.

NOTICE TO EQUITABLE POLICY HOLDERS.
U NITED KINGDOM LIFE ASSURANCE
COMPANY,
No. 8, Waterloo-place, Pall-mall, London.
The attention of Equitable Policy Holders is particularly called to
the HALF CREDIT SCALES of PREMIUM of this Company, by
which table the bonus to be declared at the next investigation, in
January, 1850; may be secured at a pfesent annual payment of one-
half the rates charged by other companies. In the event of death the
sum insured will be paid less the amount of premiumsoucredit. Should
the life insured survive the declaration of the bonus, the policy may be
allowed to lapse, and the Company will renounce all claim for the
half premiums which may be due thereon, or, in the event of the
party being at that time in bad health, the policy can be kept up
by commencing to pay the full premium of the age as when first
accepted. The above plan, originating with the Company, was
found peculiarly advantageous at the last equitable division in 1540,
when it was largely adopted. and many of the policies then effected
are still in force, and latgo bonuses have been added to them on the
seals of the following table;—
Sum Assured. Time Assured. Sum added to Policy.
X 5,000 •••• •• • • 6 years 10 months .. • • X 683 6 6
5,000 ••••• • •• 6 years ••••.•• • • • • • • • 600 0 0
5,000 .• • • 4 years ••••••• • • • • • • • 400 0 0
5,000 •• • 2 years .. ••••..• • • • • • 200 0 0
Prospectuses and every information may be obtained on application
to the Resident Directors, Edward Boyd, Esq., and F. Lennox Boyd,
Esq., at the offices, 8, Waterloo-place, Pall-mall, London.

THE MERCHANT TRADERS' SHIP LOAN
AND INSURANCE ASSOCIATION.
(Prvisionally Registered according to Act of Parliament.)
Capital, 100,000,0001., in 20,000 Shares of 501. each.
Deposit, 21. 2s. per Share.
Five Shillings a Share to be paid on Allotment, the remainder on the
Execution of the Deed of Settlement.
No Shareholder to be liable beyond the amount of his Subscription.
TRUSTEES.
The Right Hon. Captain Lord Viscount Ingestre, R.N., C. 8., M.P.
Sir Robert Price, Bart., M.P.
David Hope, Esq., Glasgow
COMMITTEE OP MANAGEMENT.
The Right Hon. Captain Lord Viscount Ingestre, R.N., C BM.P.
Sir Robert Price, Bart.. M.P.
Captain Samuel Price, R.N., Senior United Service Club
Robert Wright Wood, Esq., Lodge-place, St. John's Wood
William Webster Watson, Esq., Timer Temple
Edward G. Winthrop, Esq., Gloucester-street, Regent's-park
Captain Blair, 11.E.1.C.5., Glasgow
David Hope, Esq., Glasgow
Mathew Dick, Esq., Meikle Ernoch Merchant, Glasgow
MANAGINU DIRECTOR —Augustus Collingridge, Esq.
BARRELS.
The Commercial Bank of London, Lothbury
The City of Glasgow Bank, Glasgow
The Hibernian Banking Company, Dublin.
SOLICITOR.
John Watson, Jun., Esq., 10, Henrietta-street, Covent-garden.
SOLICITORS FOR SCOTLAND.
Messrs. Campbell and Tennents, George-square, Glasgow.
OFFICES.

London-2, Fish-street-hill
Glasgow-84, St. Vincent-street; Manager, John MiLellan, jun., Esq.
Dublin-12, Lower Sackville-street ; Manager, J. B. Bankhead, Esq.
The objects of this Association are twofold—the Insurance of Ships
and the Advancing of Money by way of Loan, secured by mortgage
on shipping. Each branch affords its own share of individual profit;
but the two operations, judiciously combined, will evidently be pro-
ductive of highly remunerative results to the proprietary.
The immense fortunes known to have been realised by individuals
who have advanced money upon the security' of shipping, with an
assignment of the policy of assurance, afford the beat guarantee of the
soundness of the principle upon which the Association is founded.
The almost incredible number of British shipping under mortgage,
shown by the books of the Registrar-General of Customs, exhibits a
wide field for the operations of the Association. The great bulk, if
not all of these loans, have been obtained upon exorbitant terms by
the small owner from his more wealthy neighbour, who may look
rather to the obtaining possession of the vessel by foreclosure than
to the eligibility of the security as an investment..
The Association will advance a sum of money, in no ease exceed-
ing two-thirds of the vessel's value, upon the report of its surveyors ;
which loan shall be secured by mortgage upon the whose ship and
earnings by freight, the policy of insurance effected with the Asso-
ciation remaining in its hands until the termination of the period
Mr which the loan has been granted.
Among the many aovantages it holds eut, the following are not
the least:
To the Shipowner, the certainty of obtaining, at a moderate rate,
and without injury to his credit, pecuniary assistance when he meat
requires it.
The opportunity of relieving himself from mortgages bearing an
exorbitant interest, and effecting them with the Association at an
equitable rate.
To the Shipbuilder, particularly when building for the market,
either at home or in our colonies, by placing him in a position less
dependent upon immediate sale at an unfavourable season.
To both, a participation in the profits of the Association by be-
crming shareholders.
The Association embodies the following advantages for its Pro-
prietary :
The immediate certainty of securing a very large number of poli-
cies of insurance, since, although insurances will be taken without
loans, no loan will be granted unless the policy be effected with the
Association ; hence the double profit which will arise from these two
sources.
A total absence of risk to the shareholders.
It may be added that an extensive connexion has been already
formed in the leading outports, and insurance business to a large
amount secured for the Association.
The same machinery sufficing for the working of the double prin-
ciple here exhibited, the expenses of management will not exceed
those of any ordinary marine insurance-office.
The necessary Parliamentary notices for an Act of Incorporation
have been duly given in the Gazettes of November, 1845.
The whole sum required for the preliminary expenses has been
advanced by the London members of the Committee of Management.
Applications for shares, in the usual form, may be made. to the
Committee of Management, and addressed to any of the above-named
officers of the Association, to the solictors, or to any of the fbllowing
agents, from whom more detailed prospeetuses may be. had :—Wm.
Cafferata, Esq., Exehinge-buildings, Liverpool; Messrs. Flint and
Tootal, Hull; Messrs. Drewry and Richardson, Newcastle-on. Tyne ;
Robert W. Ogilvie, Esq., Newcastle-on-Tyne ; W. J. Barker, Esq.,
Sunderland ; Messrs. Carr and Sons, Whitehaven ; Tiffin Bel, Esq.,
Workington ; Messrs. Wood and gon, Maryport ; Henry Smith, Esq.,
Fleetwood ; T. Sanford, Esq., Exeter ; A. W. Forbes, Esq., Glasgow ;
J. Mac Lellan, jun., Esq., 88, Vincent-street, Glasgow; Messrs.
Gird wood and Co. Leith; J. B. Bankhead, Esq., 12, Lower
Sackville-street, Dublin ; and Robert Henderson, Esq., Donegal-
quay, Belfast.

MERCHANT 'TRADERS' SHIP LOAN and.
INSURANCE ASSOCIATION.
The groat bulk of shares having been already subscribed for in the
principal outports, no Application for Shares can be received after
SATURDAY, the 24th inst., when the Committee will immediately
proceed to the allotment.