The Sun.
London, England, 1870-01-14 00:00:00

AMALGAMATED ASSURANCE COMPANIES.

Vice-Chancellor James's famous decision as to the
liability of incorporated assurance companies has been
affirmed. The case arose out of an application by
General Potts to compel the shareholders of the
Family Endowment Society to pay his annuity.
The defence was that the company in
question had been handed over to the
Albert Assurance Office, and that its liabilities had
gone with it. But Vice-Chancellor James decided
that this could not be ; the Endowment had made a
bargain with General Potts, and they had no right
to transfer their obligations to any third party. This
decision has been confirmed, on appeal, by the Lord
Chancellor and Lord Justice Giflard, and the result
is that the Endowment must still discharge its liabi-
lities, and so, it isto be presumed, must other societies
of the kind.

THE WORSTED TRADE AND THE FRENCH TREATY.

The Bradford Chamber of Commerce has met for
the purpose of considering the present position of the
French Treaty, and the measures expedient to be
adopted in the interest of the worsted trade. The
question was discussed at great length, and the
opinion of the meeting was strongly in favour
of the maintenance of a free-trade policy. A.
lengthy memorial was read, showing that as regarded
the worsted trade the treaty had been more favour-
able to France than to England; that the effect of
the existing tariff had been injurious to the industry
of both countries i and that a thorough revision Of
the treaty tariff in a liberal spirit was
necessary. The memorial further points to
the rapid growth and prosperity of Roubaix, the
district in which the worsted trade is chiefly centred,
as that of England is in the neighbourhood of Brad-
ford, sheaving that it has benefited from the removal
of the old prohibitive system. The manufacturers,
there, had conformed to the altered conditions of
trade, and instead of having a sale only in French
IllarliOtS now extended their operations to all parts of
the world. Statistics are given in proof of the
disadvantages under which the manufacturers of
Bradford labour in consequences of an onerous tariff.

11OLBORN THEATRF ROYAL.
Sole Lessee and Manager, BARRY ScLuyAN
• Sixth Week of " Love's Sacrifice."
THIS EVENTNO, at Seven o'clock, the laughable Farce of
THE °ATH ROAD.
At 7.45. Lovell's celebra
Sutedlivan Play (iessrs. n five acts), of LOVE'S
SACRIFICE: Mr Barry l ; M George n a
Cowper, Charles Herman, Lin Rayne, Lunt, Dyas, Arthur,
ac.; Mrs. Hermann Vezin, Miss J. Rignold; Miss Amy Fawsitt,
Mrs. C. Horsman, &c.
To conclude with STATE SECRETS.
Principal Scenic Artist—Mr Julian Hicks.
Acting Ma na ger—AMORY SULLIVAN

GREAT NORTHERN TELEGRAPH,
CHINA and JAPAN, EXTENSION COMPANY,
incorporated under Danish Law, with Limited Liability.
Capital, £600,000, in 60,000 shares of £lO each.
Messrs. C. I. RAMBRO and SON are authorised to
OFFER for SUBSCRIPTION in London 45,000 SHARES,
of £lO each, in the above undertaking, the remainder hav-
ing been subscribed in Copenhagen.
Payment to be made as follows :
.£1 on application.
£1 10s. on allotment.
£1
10s. on the Is, March, 1870.
£2
2d May, 1870.
It Ist August, 1870.
£2 „ Ist October, 1870.
instalments will be received in advance, at any date,
under discount of 5 per cent. per annum.

Subscriptions will be received until Tuesday, the 18th
January, at 2 o'clock p.m.

DIRECTORS.
C. A. Broberg, Esq., Firm of Chr. Broberg and Son.
L. P. Holmblad, Esq.
M. Levy, Esq., Secretary to the Minister of Finance.
J. Fr. Sick, Esq., formerly Minister at the Hague and
Brussels.
0. B. Suhr, Esq., Firm of J. P. Suhr and Son.
C. P. Tietgen, Esq., Director of the Private Bank of Co-
penhagen.

BANKERS IN LONDON.
Messrs. C. I. Humbro and Son.
BANKEItS IN COPENHAGEN.
;The Private Bank of Copenhagen.
SOLICITORS IN LONDON.
Messrs. Parker and Clarke, St. Michael's-alley.
BROKERS IN LONDON.
Messrs. Walker and Lumsden, 25, Austinfriars, E.C.
Offices of the Company in London-7, Great Winchester-
street-buildings, E.C.