The Sun.
London, England, 1848-03-17 00:00:00

N0.17,310.] LONDON, FRIDAY E E ',-

THE STANDARD LIFE ASSURANCE
COMPANY.
ANNUAL REPORT, 1848.
The TWENTY - SECOND ANNUAL GENERAL MEETING
of this Company took place on Tuesday, the 15th of February,
within the Company's Office, No 3, George street Edinburgh.
GEORGE MOIR, Esq. Advocate, in the Chair.
The Report and Statements submitted by the Directors contained
a very satisfactoi y aeconnt of the progress of the Institution during
the year 1847. It was reported :
That the !number of Policies for Life Assurance issued by the
Company from the 15th November, 1846, to 15th November,
1847, was 621.
That the Sums Assured during the same period, contained in
these Policies, amounted to 443,5781. 4s. I Id.
That the number of applications for Policies made to the Com-
pany, and from which the above transactions were selected,
WAS 804, containing proposals for Assurance to the extent of
591,6631. Bs.
That the Annual Revenue of the Company, as at 15th November,
1847, was 131,3161. 10s. 7d.
That the whole amount of assurance covered by the Company's
Policies, in force at 15th November, 1847, was 3,252,0901.
14s. 10d.
The Report then proceeded as follows :
" The past year has been marked by the most extraordinary fea-
tures as regards commercial affairs and general credit ; but, while
all Glasses of society, especially the mercantile community, and our
pablic institutions connected with the general affairs of commerce,
have felt the pressure of the times, the Life Assurance Institutions
of the country have stood unaffected by the crisis. Nothing can tend
more to extend confidence In these institutions than this result ; and
it is hoped they will always be found affording protection and die-
penning benefits to all connected with them, unaffected by those
periodical changes.
" Notwithstanding the unfortunate position of the country during
the past year, the amount of new business transacted by this Com-
pany has exceeded to a large amount the business of the previous
year. The claims during the year have been greater in proportion
than usual , but when the increased mortality throughout the king-
dom generally is remembered, the Directors consider they have
reason to be well satisfied with the results."
After the Report and Statements were read, the Chairman con-
gratulated the meeting on the :favourable position of the Company,
and its prospects generally, and again brought under notice the
most prominent fantares in .the Report. He _drew attiantion tg_tbe.
oge,pkuAgtesse4gelitsjonsines.4, the increao 'en' the revenue, atitUthe
rapid accumulation of the Company's Funds, which it appeared
HAD BEEN MORE THAN DOUBLED DURING THE LAST
FIVE YEARS.
The following Abstract, showing the new business transacted by
the Company annually since 1842, was referred to, as exhibiting, in
a marked degree, the growing estimation of the STANDARD in
public favour:—

Number of Corresponding Sum
New Policies issued. Assured.
1843, New transactions .... 383 ••.. • £318,135 17 1
1844, „ .... 562
1845, „ (Bonus year) .... 698 .... • •
1846, „ .... 592 .....•
1847, „ •• .. 621

The meeting expressed entire satisfaction with the report and
statements ; and, after the election of new directors in the room of
those retiring by rotation, in accordance with the Act of ?arliament,
the establishment of the Company for the ensuing year was declared
to be as follows :

GOVERNOR.
Ms Grace the DUKE of LUCCLF.UCII ana QUEEN SBERRY.

DEPUTY-GOVERNOR.
The Right Hon. the EARL of ELGIN and KINCARDINE.
EDINBURGH.
ORDINARY DIRECTORS.
Humphrey Graham, Esq., W.S., 14, Atholl-crescent.
John Sligo, Esq., of Cannyle, 15, Drummond-place.
Alex. James Russell, Esq., C.S., 10, Walker-street.
William Wood, Esq., Surgeon, 9, Darnaway-street.
William Keith, Esq., Accountant, 50, Castle-street.
John Robert Tod, Esq., W.S., 30, Moray-place.
John S. Newbigging, Esq., Sheriff-Clerk of Roxburghshire.
George Patton, Esq., Advocate, 33, Frederick-street.
Alex. Clapperton, Esq., Merchant, 128, Prince's-street.
Charles Pearson, Esq , Accountant, 128, George-street.
David Smith, Esq., W.S., 2, Ainslie-place.
Eagle Henderson, Esq., Merchant, 16, Coates-crescent.
James Condi°, Esq., Perth.
James Robertson, Esq., W.S., 28, Stafford-street.
James Hay, Esq., Merchant, Leith.
LONDON.
CHAIRMAN OF THE BOARD.
The Right Hon. the Earl of ABERDEEN.
ORDINARY DIRECTORS.
Thomas IToldsworth Brooking, Esq., 2, Alderman's-walk.
David Laing Bore, Esq., I!, Kensington Palace-gardens.
Alex. Gillespie, Esq., 5, Gould-square.
John Lindsay, Esq., 26, Laurence Pountner-lane.
Alex. Macgregor, Esq., 31, Chester-street, Grosvenor-place.
John Scott, Esq., Moorgate-street Chambers.
Manausa---William Thos. Thompson, Esq.
RESIDENT SECRETARIES.

London—Peter Evart, Esq. I Dublin—Samuel Smylte, Esq.
Glasgew—William Bunter, Esq.
82, King Willlam-street, London, March 1, 1848.

PORTSMOUTH, WEDNESDAY.—The Carysfort, 26, Cap-
tain George 11. Seymour, arrived at Spithead this
afternoon from the Pacific. She sailed from Valpa-
raiso on the 2d of December in company with the
Collingwood, 80, and the Constance, 50, and parted
company on the sth. She arrived at Bahia on the 25th
of January, and sailed thence on the 29th direct for
England. Affairs at Bahia at this date were vary
flourishing. Rate of exchange 47.0. per milrei for
Government bills. At Bahia she met the Seagull packet
with the Hon. Mr. Gore, the British Envoy, on board
from Rio. On Monday, January 25, the Carysfort
spoke the barque Duke in lat. 16 2, lon. 35 15 W., who
desired to be reported at Lloyd's. The Carysfort has
brought 2,127,681 dollars on merchants' account, which
Captain Sayer, wine merchant and freight agent, of
this port, has the conveyance of to London. She
brought no diamonds from Bahia ; her freight is 47
loose bars and 928 boxes of silver. She has brought
home Major Delacombe, Commander Parke (on promo-
tion), Mr. Hope (Midshipman), and Mr. Quick (car-
penter), all of the Constance, and eight invalids from
the squadron, together with mails from Valparaiso
and Bahia, and dispatches from the British Consul for
the Home-office, and from Sir George Seymour for the
Admiralty., The Carysfort has been completely round
the world since she left this port. She left England on
the 12th of March, 1846, with his Excellency Sir Charles
Fitzroy, the Governor of Australia, and family. She
touched on her passage out at Madeira, Cape of Good
Hope, landed Sir Charles Fitzroy at Sydney, New South
Wales; touched at New Zealand, then proceeded to her
station, Valparaiso; thence she sailed to Mexico, St.
Bias, Mazatlan, and Guyamas (California), returned to
Valparaiso, and home. She wants P year longer to rom-
plete the usual term of sea-service, and most likely that
time, at least, will be got out of her present commsssion,
as she is just now in most perfect man•of- war trim and
order; her crew are thoroughly efficient, and well up to
their duties; the vessel, in short, is fit to be sent to any
part of the world. She will come into port to-morrow
to disembark her treasure, which will be dispatched to
London by the South Coast Railway, vier Brighton.
She did not see the Asia, 84, Rear-Admiral Phipps
Hornby, on her passage.
Orders have been received by electric telegraph to-
day from the Admiralty for the Commander-in-Chief,
Sir Charles Ogle, Bart., to prepare the Birkenhead and
Gorgon steam-frigates for sea immediately, to be
officered and manned by the Excellent gunnery ship,
Captain Chads, C.B. Commander Hewlett is to com-
mand the Birkenhead, and Commander Sidney Grenfell
is to command the Gorgon. Their complements are to
be 133 men each. The Birkenhead is to be got ready
first.

The Stromboli steam-sloop, Commander Lord A. W.
Beauclerk, sailed to-day for the westward with sealed
orders.

The Lightning steamer, Petley, returned from Ply.
mouth this morning, and reported the approach of the
C arysfort.
The Fairy did not leave for Woolwich until this morn-
iecr', owing to an accident to her funnel when being
undocked. _ _

Wind N.W.; moderate breezes end cloudy weather.

ROYAL MARINES.

The Admiralty have ordered additional detachments
of marines to be embarked in the Prince Regant, 92,
Captain Martin; and the Powerful, 84, Captain the
Hon. R. S. Dundas, fitting at this port, to serve in
lieu of seamen, who "don't come along handsomely."
An exchange of divisions has been sanctioned between
First Lieutenant Richards, of the Portsmouth, and First
Lieutenant M'Carty, of the Plymouth division.