The Sun.
London, England, 1848-02-28 00:00:00

E
MONDAYti
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THE PROVIDENT CLERKS' & GENERAL
BUILDING AND INVESTMENT SOCIETY.
°lice, No. 15, Old Broad-street.
Shares 1001. each. Entrance. fee, 2s. 6d. per Share.
Subscriptions per Share—Monthly, 12s. ; Quarterly, 11. lie. 11d. ;
Half-yearly, Si. lie. Id. ; Yearly, 71. Is. Id.
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, Ton Years.
TRI7STERS.
J. Jones, Esq., J. Toulmin, Esq. ; J. C. tardy, Esq.
DIRECTORS.
My. W. L. Allen, Murray-street, New-road
Mr. Edward Devonshire, East and West India Dook Moose
Mr. Samuel Eastman, Crawford-street
Mr. Samuel Gilbert, Little Tower-street
Mr. Thomas B. James, Messrs. White and Greenwell, Cheapside
Mr. W. Kettlewell, 6, Great Winchester-street
Mr. C. T. B. Keep, Lindsay-wharf, Chelsea
Mr. T. A. tett, Henry-street, Pentenville
Mr. George Richards, 51 and 12, Paternoster-row
Mr. J. Whitehead, sen., Somerset Haase, and Chelsea
Mr. George Winter, Professional Life Assurance Office.
BANKERS—The Commercial Bank of London.
STANDING COUNSXL —W. C. Fooks, Esq., 31, Chancery-lane.
SOLICITORS—Messrs. Devonshire and Wilson, 29, Austin-friars.
tivavavoas—Mr. Cornelius Wheeler, 28, Leadenhall-street ;
Mr William Lambert, 41, Coleman-street.
SECRETARY—Mr. John Whitehead, jun., No. 6, the Crescent,
• Albany-road, Camberwell.
This Associatioa has been formed principally with the view of af-
ording to gentlemen engaged in GOVERNMENT and PUBLIC
OFFICES, BANKING HOUSES, and MERCANTILE ESTA-
BLISHMENTS, a safe and advantageous mode of investing a portion
of their incomes, either by way of deposit, at 71. per Cent. compound
interest, or in the purchase of freehold or leasehold residences.
The operationi 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.
2. Certainty in the amount of advance to which each Member
wishing to anticipate his Shares will be eatitled at any given period
of the Society's existence, with the means of ascertaining precisely
at any date the amount payable to retiring Members, and the value
of the Sharet of continuing Members.
Members may pay up the whole or any portion of their subscrip-
tions fir the ten years, in advance, and discount, after the rate of 41.
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 com-
pound interest at the rate of W. per Cont,per annum will be allowed
upon the swag-withdrawn.
Shares may be transferred free estArnp duties.
Ity the plan adopted in this Society sew Members entering at
any period, and all Members taking up additional Shares, may have
oars advanced to them without paying up arrears of Subscriptions ;
and the precise amounts that will be advanced either to old or new
Members, are set forth in the Tables, a copy of whicll will be sup-
plied to every Member. This is manifestly far prefers.* to the un-
equal and objeetioaable system usually adopted of putting the shares
ep to auction, and advancing the money to those who submit to the
largest diseottnt ; by which 'leans the object of the Legislature,
which contemplated that each Member should derive precisely the
some 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, 16, Old Broad-street.
Applications for Shares should be addressed to the Secretary, in
she following form :
Date, 154
Sir,—l authorise you to register my name as a subscriber for
Shares in the Provident Clerks' and General
Building and Investment Society.
Name........................
Occupation ...• .• • • • • • • .. • • .. • •
Nete.—lt Is proposed to liesit the number of Shares to 500, and
that the entrance foe shall not exceed 2s. 6d. per Share previously to
Ist February, 1848.
More than ISO Shares are already taken.

NAVAL INTELLIGENCE.

PLYMOUTH, FEB. 25.--Her"Majesty's sloop Per-
sian, 16, Commander Henry Coryton, which sailed
from Bermuea on the Bth inst., arrived here last
evening. Dispatches for the Admiralty were imme-
diately landed from her at Plymouth, and conveyed
to Port Admiral Sir John West, at Devonport. The
Persian has brought no passengers, but some of the
crew of the convict ship Medway, stationed at Ber-
muda, have come home in her.

Her Majesty's steam-sloop Growler was at Ber-
muda, and has just completed a quarantine of six
weeks ; her newly appointed captain, Commander
Hall, who has been ill of the fever, was recovered.
The new schooner Bermuda, building on the island,
was not yet off the slips.
The. Persian is bound to Portsmouth.
On the 14th inst. Mr. Helier Touzel, aged 22, of
Jersey, passed an examination before the Plymouth
branch of the Trinity-house, and was granted a
second class certificate as master.

Her Majesty's frigate Eagle, 50, Captain George
B. Martin, from America, hcve in sight about mid-
day, under her three double reefed topsails and jib;
wind W.S.W., blowing strong. •Having entered the
Sound, and saluted the Admiral, she anchored to the
eastward of the Persian, about a mile north of the
breakwater Camber.

The Eagle left Rio Janeiro on the Ist of January.
Her Majesty's brig Petrel, Lieutenant• Commander
Thomas Creser, was there then, but left on the 9th of
January, and arrived at Falmouth on the 22d inst.