The Sun.
London, England, 1846-01-20 00:00:00

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

THE TONTINE LIFE ASSURANCE
COMPANY.
(Provisionally Registered.)
Capital 2,000,000/., in 100,000 Shares of 201. each.
Deposit, in compliance with the provisions of the statute 7 and
Viet., c. 110, Two Shillings per Share, until the complete Registra-
tion of the Company, when the same will be increased to 11. per
Share, which, with the assistance anticipated from the Tontine De-
partment, will, it is expected, be sufficient to carry out the objects
of the Company.
.

The plan of this Company offers considerable and peculiar advan-
Liges to the Shareholders, as in addition to the profit arising front
Life Assurance transactions, it is proposed to raise a capital of
1,000,9001., or more, by the grant of Tontine Annuities, in classes
to be regulated by the ages of the Subscribers or their Nominees ;
which capital, on the death of the survivor in each class, will be
divided exclusively among the Shareholders. The principle of the
Tontine Annuities is explained below.

TRUSTEES.
John Elijah Blunt, Esq., 4, New-square, Lincoln's Inn
John Conolly, Esq., M.D., Lawn-house, Hanwell

James Martin, Eici , 68, Lombard-street.

_ .
PROVISIONAL DIRECTOR/I.
John Elijah Blunt, Esq., 4, New-square, Lincoln's Inn
Walter Wyndham Burrell, Esq., Knepp Castle, near Horsham, and
5, Richmond-terrace, Whitehall
John Charritie, Esq., 4f oorgate-street Chambers, City

John Conolly, Esq., M.D., Lawn house, Hanweil
John More Douglas, Esq., Belvedere-road, Lambeth
Walter Etty, Esq., Lombard-street Chambers
Edward Hamilton, Esq., M.D., Grafton-street, Piccadilly

William Henderson, Esq., 16, Bishopgate-street Within
Hector Monro, Esq., Walsham Is Willows, Suffolk
Sayile Craven Henry Ogle, Esq., M.P., 84, Eaton-square, Pimlico.

Ambrose Frederick Proctor, Esq., Ware, Hertz

C oke Taylor, Esq., LL.D.,-Fleet-street
John Alfred Trimmer, Esq., Haslemere, Surrey
Forbes Winslow, Esq., M.D., Sussex-house, Hammersmith.
BANEERS—Mesars. Martin, Stone, and Martins, 68, Lombard-street.
SOLICITOR—WiIIiam Dimes, Esq., 46, Lincoln's Inn-fields.
MEDICAL AND SURGICAL REFEREES.
Thomas Callaway, Esq., F.R.C.S., Wellington-street, Southwark
James Copland, Esq., M.D., F.R.S., &c., &c., Old Burlington street.

DISTRICT MEDICAL REFEREES IN LONDON,

William Pre.sronsTaitEe-17E-s-q-., DI.D., F.R.S.E., Sloane•street,

Knightsbridge
Edward Lloyd, Esq., M.D., Jewin street, City
Walter Hayle Walsh, Esq., M.D., Professor of Pathology at Univer-

fifty College, Upper Charlotte-street, Fitzroy-square.
CoNsuvrm AcTuaar—David Jones, Esq., Author of " Tables on

Annuites," &c., King William-street, City.
ACTUARY AND SECRETA.RY—WiIIiam Clark, Esq.
• Temporary Offices, No. 16, Lincoln's Inn-fields.
It is unnecessary in this Prospectus, to enlarge upon the advan-
cLeifeAssurance, or its adaptation to most of the exigencies
relationsand
ehls,
that
theyninnul
Annuity,
are
alaTrnel
ds d
Eye benefitsnwdeolm e
unhavederstood
; Lo abeenLoans
nsds oe
either
extensivelyeiorappreciated.l
on ub -
Atasgsesuraonf Company is formed for granting every description of Life
g o
short periods to persons effecting Assurances, upon receiving
satis-
factory security for the payment of premiun. and interest
andthe
repayment of the principal, by instalments or otherwise, as' may be
agreed; also for the purchase of Reversionary Interests, Policies of
Assurance, and every other description of property.
Persons borrowing money of the Company, upon approved se-
curity, and effecting a policy of Assurance for the amount bor-
rowed, will not be called upon for the repayment of the loan, so
long as the interest and premium are regularly paid. Thus a party
borrowing 1,0001. upon security of his estate, and an assignment of
a policy on his life, would at his decease leave his estate unencum-
bered, the sum assured being applied by the Company to repay its
advance.
The premiums are based upon data derived from the most recent
scale.
dauthentle sources, presenting a moderate and equitably-adjusted
One of the principal objects of the Company is to assimilate its
benefits as nearly as possible to those of Mutual Assurance
Societies, with the additional security of a subscribed capital. With
this view, four-fifths of the profits, arising from 'Policies affected by
parties on the terms of participation, will be divided every three
years, after the first five years, among those who assure for the
, whole term of life. The sum so divided among the Assured to be
applied to the reduction of the annual premium, or added to the
sum assured as bonus, or paid in present value, at the option of the
Assured.

For persons who may wish to assure for short periods, or for the
whole of life, without participation in the profits, a scale has been
adopted, which is as moderate as it can be rendered consistentlyivith
the interests of the Company.
The Assured may at all times borrow an amount equal to the value
of the policy, on its security.

In all the transactions of the Company the utmost liberality will
►e exercised.

Life Assurances will be effected with all the advantages to the
assured afforded by the most respectable established companies.
A Table of Premiums will shortly be published.

TONTINE ANNUITIES.

This Company, in submitting the subject of Tontine Annuities to
the public, is influenced by the belief that there are many persons,
who from the hope of longevity, and the desire of ease and affluence
as they progress through life, will gladly avail themselves of this
mode of investment ;—by which they will secure a large remunera-
tive and increasing income, guaranteed to them by the Company
during their own lives or the lives of their nominee.
The following Is an illustration of the principle of the Tontine An-
nuities :—lf 1,000 persons subscribe 1001. each, they or their respec-
tive nominees, being of an age to enter the class in which the an-
nuity granted is 6/. per cent. per annum, each subscriber or nominee
will, during the continuance of all the lives, receive an annuity of 6/. ;
but as the lives drop, the share of the deceased parties will be
divided among the survivors, until they are reduced to six, each of
whom will.then receive 1,0001. per annum for life; but as they re-
spectively die off, the 1,0001. per year which the deceased party re-
ceived will fall into the Hinds of the Company, for the benefit of the
shareholders ; and so in proportion for a larger or smaller number of
subscribers or their nominees.

This :node of investment will place it in the power of almost every
individual, at some period of life, by prudently and legitimately ap-
propriating a comparatively small sum of money, which in many in-
stances would be otherwise uselessly expended, to secure Indepen-
dence and comfort in their declining years.
Parents may also by these means provide for their children.
Wealthy relatives for their poorer relations.
Applications for Shares, in the following form, to be directed to
Char.es Barker, Esq., No. 46, Lincoln's Inn-fields :-
- To the Directors of the Tontine Life Assurance Company:
Gentlemen,--I request you to allot ma Shares in this
Company; and I hereby agree to accept the same, or any less num-
ber you may allot me, and to pay the deposit of Two Shillings per
Share thereon, and also to execute the Deed of Settlement of the
Company when required t 0 do so.

Addross....
Profe,3sion or Business
Reference .