The Sun.
London, England, 1848-02-16 00:00:00

THE PROVIDENT CLERKS' & GENERAL
BUILDING AND INVESTMENT SOCIETY.
(Mace, No. 15, OM Broad-street.
Shares 1001. each. Entrance. fee, 2s. 6d. per Share.
isthicriptions per Share—Monthly, 125.; Quarterly, if. 150. 11d. ;
Half-yearly, 31. 1 ls. sd. ; Yearly, 7/. Is. bd.
In this Society there will be no bidding for Shares—no Redemp-
tion Fees-nor any Fines on withdrawal. Advances made according
to priority of application, and subject to Fixed Tables. Calculated
duration of the Society, Ten Years.
J. JO* Wit Esq., J. T "Ir • „' Esq. ; J. C. Hardy, Esq.
.
Mr. W. L. Allen, Murrajet, New-road
Mr. Edward Devonshire, East and West India Dock IJoase
Mr. Samuel Eastman, Crawford-street
Mr. Samuel Gilbert, Little Tower-street
Mr. Thomas B. James, Messrs. White and Greenvrell, Cheapside
Mr. W. Kettlewell, 6, Great Winchester-street
Mr. C. T. B. Keep, Lindsay-wharf, Chelsea
Mr. T. A. Pott, Henry-street, Pentonville
Mr. George Richards, il and 52, Paternoster-row
Mr. I. Whitehead, son., Somerset House, and Chelsea
Mr. George Winter, Professional Life Assurance ome..
BANKERS—The Commercial Bank of London.
STANDING COUNSEL —W. C. Funks, Esq., 30, Chancery-lane.
oracirens —Mes,3rs. Devonshire and Wilson, 29, Attatin-friars.
SIIRTETORS—Mr. Cornelius Wheeler, 28, Leadenhall-street ;
Mr. William Lambert, 40, Coleman-street.
SPOILETARY-11r. John Whitehead, jun., No. 6, the Crescent,
Albany-road, Camberwell.
'['Ws Association hsus been formed principally with the View of af-
. /!'ding to gentlemen engaged in GOVERNMENT and PUBLIC
OFFICES. BANKING HOUSES, and MERCANTILE ESTA-'
HLISHMENT4, a safe and advantageous mode of investing a porth.4l
of their incomes, either by way of deposit, at IL per Cent. compound
Interest, or in the purchase of freehold or leasehold residences.
The operations of this Society will be regulated by Tables prepared
expressly for that purpose by two eminent actuaries.
The leading principles of this Society are
1. Perfect equality of benefit between all the Members, whether
borrowers or not.
9. Certainty in the amount of advance to which each Member
wishing to anticipate his Shares will be entitled at any given period
of the Society's existence, with the means •f ascertaining precisely
at any date the amount payable to retiring Members, and the value
et the Sharet of continuing Members.
Members may pay up the whole or any portion of their subscrip-
tions for the ten years, in advance, and discount, after the rate of 4/.
Per Cent. per annum, will be allowed for the sums so paid.
Members wishing to withdraw their Subscriptions may do so after
the first year, without fine ; and subsequently to that period corn.
Pound interest at the rate of 61. per Cent. per annum will be allowed
upon the sums withdrawn.
Shares may be transferred free of stamp ditties.
ILY the plan adopted in this Society new Members entering at
arlY period, and all Members taking up additional Shares, may have
loans advanced to them without paying up arrears of Subscriptions ;
arid the precise amounts that will be advanced either to old or new
Members, are set forth in the Tables, a copy of which will he sup-
plied to ovary member. This is manifestly far preferable to the un-
equal and objectiostable system usually adopted of putting the shares
up to auction, and advancing the money to those who submit to the
largest discount ; by which means the object of the Legislature,
Which contemplated that each Member should derive precisely the
lame advantage, is entirely frustrated.
The monthly subscription, both to the borrowing and non-borrow-
ing Members, is precisely the same, and continues the same to the
end of the Society; borrowers are, therefore, relieved from the
heavy monthly " redemption fee," and the mutual principle is car-
ried into full operation.
No Member has any responsibility beyond the payment of his own
Subscriptions.

Prospectuses and copies of Rules may be obtained at the office of
the Society, 13, Old Broad-street.
Applications for Shares should be addres‘od to the Secretary, in
The following form:—

Date, 184
litr,—l authorise you to register my mime as a subscriber for
Shares in the Provident Clerks' and General
Building and Investment society.
Name ........................
Occupation •• •••••••••• •• • • ••
Roto.—lt is proposed to limit the number of Shares to 500, and
that the entrance roe shall not exceed 2s. 6d. per Share previously to
lit rebruary, 1848.
More than 160 Shares are already taken.