The Sun.
London, England, 1846-05-14 00:00:00

Y EVENING, MAY 14, 1846.

NATIONAL LOAN FUND LIFE
ASSURANCE SOCIETY. -
Yesterday the annual general meeting of the National
Loan Fund Life Assurance Society was held at the
London Tavern, Bishopsgate-street, at one o'clock ; T.
Tfamie Murray, Esq., Chairman, in the chair.
The CHAIRMAN opened the proceedings by calling
upon the Secretary to read the advertisement convening
the meeting.
The SECRETARY having read the advertisement,
The CHAIRMAN said—Gentlemen, the directors have
prepared a report of the proceedings of the Society
since our last annual meeting, which the Secretary will

now read.
The SECRETARY then read the following report :
Tim SEVENTH ANNUAL REPORT OF THE DI-
RECTORS OF TII E " NATIONAL LOAN FUND
LIFE ASSURANCE SOCIETY" TO THE PRO-
PRIETORS.

13th May, 1846.
The Directors have again the pleasure of meeting the
proprietors on the recurrence of the seventh annual general
meeting of the Society.
The influence a remunerative industry has on the provident
habits of the general community has been constantly pointed
out by the Directors as the true source of that praiseworthy
inclination to avail itself of the advantages of life assurance.
The financial and industrial character of the past year,
especially remarkable for its extreme vicissitudes, has been
prejudicial to the progress of life assurance, inasmuch as the
sudden adversity which at once prostrates the resources of
provident foresight is not more unfavourable to institutions of
this kind, than the sudden prosperity which too often is apt to
neglect the rules of ordinary precaution.
It is, however. highly gratifying to the Directors, notwith-
standing these discouragements, which have so peculiarly
marked the past year, and so largely interfered with the bu-
siness of lite assurance, to be able to state that the progress
of the National Loan Fund Society has been uninterrupted,
and its business for the last year even greater than in the
three preceding years combined.
Not to mention the number of life assurance offices whose
institution preceded the National Loan Fund, so many new,
though some of them short-lived, competitors, have sprung
up since that period, that the field of exertion would appear
to be constantly narrowed. There is scarcely to be found a
community of sentiment, occasional association, or casual in-
terest that has not been seized on, and exhausted in the
formation of new assurance societies.
As the expenses of management, particularly where so
much competition exists, must always form a considerable
item in each new establishment, however economically con-
ducted, it is a question worthy of consideration whether the
assurer is benefited by the constant sectional subdivision of

his patronage.
In the course of the previous year the Directors have en-
deavoured, with care and assiduity, to extend the connexions
of the Society. They congratulate the proprietors on the
result of their efforts, and believe they have laid the founda-
tion of a stable institution, whose extensive range of action
and public utility will not be without its influence on the
policy-holders and the proprietors.
At the date of the last meeting, the number of policies then
issued were 2,781. These have since augmented to 3,550,
exhibiting an increase in policies of 769, and of new pre •
miums within the year of 12,691/.

Since the formation of the Society to the end of 1844, the
decreement amongst the assured has amounted to 30,008/.165.
In the last year the claims paid by the Society amount to
5,7481. 18s., making the total sum distributed to the repre-
sentatives of the assured 35,7571. 145., being less than the
expected mortality by 11,027/. Gs., and so far may be consi-
dered a proof of the care taken in the selection of lives.
The Directors, in conformity with the deed of settlement,
have caused the annual investigation into the affairs of the
Society to be made by the Actuary; and it is now pre-
sented, together with the accounts of the Auditors,
and will be read to the meeting rollowing the plan
of distribution laid down in the preceding annual
division of profits, of taking one-fifth of the reserve fund for
immediate distribution to thee us positionpropprroisepteorrosand of thepolicy-holders
oSfocfiieve
t; eyneaarbise's the standing,Dire th
tors, after reserving 30 per cent. of
this sum, to divide amongst the policy-holders entitled to
this distribution a reversionary bonus, varying-from 35 to 85
Per cent. on the premiums; and to the proprietors a bonus of
3* per cent. on the past year, in addition to the regular in-
terest of 5 per cent., already paid to them.
The following table, prepared by the Actuary, exhibits the
amount of the four last annual bonuses, to which the holders
of policies of five years' standing have become entitled, with
the options of receiving the same in cash, or by addition to
their policies, or in reduction of annual premiums.

SPORTING INTELLIGENC E.

- - - - -
„ NEWMARKET, TursDAY kEKING.
New Match for Thursday.—Sir J. HaFikyli-EinFp of
Romford's Cob, 6 yrs, Bst 1211), agst Mr. W; S. Stanley's
Paultons, 4yrs, 7st 121 b. T.Y.C. 100.
New match for Friday :—Bishop of Romford's cob, Bst 121 b,
against Paultons, 7st 121 b. T.Y.C. 100.
In the match between Hawkesbury and Satyr, th 9 fernier
receives forfeit. _

Mr. Gurney liar named his colt by Emilius out of Mesene,
whiner of the R. M. Plate this afternoon, " Cantley."
Arrivals—Duke of Rutland, Marquis of Exeter, Earl and
Countess of Albemarle, Earl Spencer, Earl of Suffield, Lord
Godolphin, Lord W. l'owlett, Lord Howth, Hon. Col. Anson,
S. Lyttleton, G. Fitzroy, H. Forester F. Villiers, Col. Peel,
Messrs. C. (Levine, r
evine, Payne, WigramTowneley, S. Stanley,
S. Graham, G. H. Moore, Shelley, Campbell, Neville,
Higgins, Crommelin, Magenis, Driokald, Lowther.

WEDNESDAY'S RACES.
Meta, 50, 11 ft, first half of Ab M.—Mr. Greville's Motilla,
Bst 71b (Nat), beat Duke of Bedford's Black Cat, Bst 71b.—
Even betting. Won by a length. Run in 59 sec.
The Suffolk Stakes of 15 Sovs each, . 5 ft if declared, &e , with
100 added. Last mile and a half of R.C. (33 Subs., of
whom 15 declared.)
Sir J. Hawley's Alamode, 5 yrs, 7st 51b (Nat) 1
Lord G. Bentinck's Marquis of Conyngham, 3 yrs, Sat 91b 2
Mr. Greville's Polka, 3 yrs, sst
The following also started, but wero not placed :—Mr.
Onslow's Ruff, 4 yrs, 7st 121b—Lord Sandwich's Plantagenet,2l
5 yre, 7st 71b—Col. Peel's I-am-not-aware, aged, 7st
Mr. Shelley's Maynooth, 4 yrs, 7st 21b--Lord Chesterfield's
Jenny Wren, 4 yrs, 6st General Grosvenor's Scarlet
Rnnner, 4 yrs, sst 101b—Mr. King's Seven's the Main, 5 yrs,
sst 51b--Mr. S. Stanley's Leaconfield, 3 -yrs, sst 511--Mr.
Wesley's Elimea, 3 yrs, sst 21b.
Betting-3 to 1 agst Alamode, 7to 2 agst Maynooth, 6to 1
agst Marquis of Conyngham, 8 to 1 agst I-am-not-aware,
8 to 1 agst Jenny Wren, 8 to 1 agst Seven's the Main, and
25 to 1 agst Elimea.
Plantagenet took the lead, followed by Scarlet Runner,
Leaconfield, Maynooth, Seven's the Main, and several light
weights, Alamode, Jenny Wren, Polka, and Marquis of
Onyngham lying off, the order of running close, and the
paoe as good as Plantagenet could make it. They remained
in noarly these positions for about a mile. Maynooth and
Leaconfield then took up the running, followed by Jenny
Wren, :Polka, and I-am• not-aware ; Alamode in a good place,
and looking, even thus early, an easy winner. On reaching
the T.Y.C. winning•post Alamode went past his horses, and
led to the Ktot of the hill, but was then pulled back, and the
lead left with Maynooth and Marquis of Conyngham ; at
the top, however, he again took up the running, had it all to
himself, and von very easy by two lengths, the Marquis of
Conyngham beating Polka by a length, and Jenny Wren and
Scarlet Runner close up. Maynooth was stopped some dis-
tance from home. Run in 2 mm. 56 sec.
Handicap Plate of .501., for three yrs old and upwards. A.F.
Lord Altemarle's Beaumont, 5 yrs, Bst 101 b (Robinson) 1
Duke of Rutland's Sister to Flambeau, 3 yrs, 7st (Pettit) 2
Mr. Shelley's Tit-bit, 3 y,"s, 6st 41b
The following also star:vd, but were not placed :—Mr.
Rolt's Solace, Mr. King's Ridicules Mus, Mr. Arber's Caro-
line, Sir J. Hawley's Prospecf, Lord Exeter's Lebanon, Mr.
R. J. Shafto's Sharpshooter, Mr, Phillirnore's Side Saddle.
Betting-3 to 1 agst Prospect, 3to 1 agst Sister to Flam-
beau, 6to 1 agst Lebanon, 7to I agst Tit-bit, and 10 to 1
agst Beaumont.
The running was made at an indifferent pace by Tit-bit
and Lebanon, followed by Prospect, Side Saddle, and Beau-
mont waiting in the rear. No change till they were half
way down the Bushes-hill, when Lebanon died away, and
the running was taken up by Sister to Flambeau, followed
by Tit-bit and Prospect. Beaumont waited on this lot into
the bottom, took the lead on reaching the bill, was never
after caught, and won cleverly, by a length. Tit-bit was an
indifferent third, Prospect fourth, and Caroline fifth- Run
in two minutes thirty-three seconds.
The Jockey Club Plate of 50/., for four yrs old, let 21b; five,
Bst 31b; six and aged, Bst 91b; the property of Members of
' the Jockey Club. B. C.
Mr. Shelley's Maynooth, 4 yrs (S Mann) I
Mr. Wigram's Ke,sheng, 4 yrs 2
11 to 10 on Kesheng.
Maynooth made all the running, and won by two lengths.
Run in eight minutes and fifty-eight seconds.

NEWCASTLE RACES.
Handicap for the Northumberland Plate.
Alice Hawthorn, aged, 9st—lnheritress, 6 yrs, Bst 121b—
The Cure, 5 yrs, Bst 111b—Lightning, 5 yrs, Bst 101b—True-
boy, 6 yrs, Bst 91b—Godfrey, 5 yrs, Bst Sib—The Baron, 4
yrs, Bst 81b—Morpeth, 5 yrs, Bst 71b—Winesour, 6 yrs,
Bst 61b—Rowena, 5 yrs, Bst Glb—Glossy, 6 yrs, Bst 41b—Pa-
gan, aged, Bst 41b—Discord, aged, Bst 21b—Xanthus, 6 yrs,
Bst 21b—Queen of Tyne, aged, Bst—Needful, 5 yrs, Bst
Mentor, 4 yrs, Bst—Nottingham, 6 yrs, Bst—Miss Elis, 4 yrs,
7st 121b—Milton, 5 yrs, 7st 101b—Midlothian, 4 yrs, 7st 101 b
—Pedometer, 5 yrs, 7st 91b—Tellemachus, 5 yrs, 7st 91b—;
Red Robin, 4 yrs, 7st 91b—The Parson's Clerk, 4 yrs, ist
—The Pride of Kildare, 5 yrs, 7st 71b—Jane, 4 yrs, 7st 71b—
Chertsey, 4 yrs, 7st 71b—Warp, 5 yrs, 7st 61b—Mickey Free,
5 yrs, 7st 61b—Milden, 4 yrs, 7st 61b—Little Hampton,
5 yrs, 7st 61b—Pythia, 4 yrs, 7st 61b—Co-heiress, 5 yrs,
7st 61b—John Harris' 4 yrs, 7st 61b—Crim. Con., 4 yrs, 7st
61b—Lady Wildair, 4 yrs, 7st 51b—Sir Henry, 4 yrs, 7st
51b—Beaidront, 4 yrs, 7st 41b—Portobello, 5 yrs, 7st 41b—
Whinstone, 4 yrs, 7st 41b—Salopian, 4 yrs, 7st 41b—Fitz-
alien, 4 yrs, 7st 41b—Heretic, 5 yrs, 7st 41b—The Roper's
Daughter, aged, 7st 41b—Saladin, 6 yrs, ist 31b—The Mag-
net, 4 yrs, 7st 21b—Badinage, 4 yrs, 7st 31b—Comical Boy,
4 yrs, 7st 11b—Burgundy, 3 yrs, 7st— Marian Ramsay, 4
yrs, 7st—Dog Billy, 5 yrs, 7st—Connaught Ranger, 4 yrs,
7st—Lycurgus, 4 yrs, 7st—Clumsy, 4 yrs, 7st—As you like
it, 4 yrs, Gst 131b—Rowland Hill, 5 yrs, 6st 121b—Psalm-
singer, 4 yrs, Est 121b—Little Johr, 5 yrs, Gst 121b—Fair
Rosamond, 5 yrs, Est 121b—Laird o'Cockpen, 4 yrs, Gst 101 b
—Plaudit, 4:yrs, Est 101b—Cranebrook, 3 yrs, Est 91b—Fancy
Boy, 3 yrs, Est 91b—Advice, 5 yrs, Est 81b—Poll of Wapping,
4 yrs, Est 61b—Colleen Bawn, 4 yrs, 6st 61b—Arthur,
4 yrs, Est 51b—Dolo, 3 yrs, Gst 51b—Petit Morceau, 4
yrs, Gst 41b—Lucy, 4 yrs, 6st—Billy Purvis, 3 yrs, 6st—
Cataract, 6 yrs, sst 101 -
Crikey Billy, 6 yrs, sst 101 b
Theasites, 3 yrs, sst 81b—Lord Harry, 3 yrs, sst 91b—The
Druid, 3 yrs, sst 71b—Sister to Sir Robert de Gorham, 3 yrs,
sst 71b—Sheraton, 3 yrs, sst 71b—Fitzwilliam, 3 yrs, sst 71b
—The Slaver's Daughter, 3 yrs, sst 51b—Duffield, 3 yrs,
sst 21b—Cimera Obscura, 3 yrs, sst—Laura colt, 3 yrs, sst.
—Little Cassino, 3 yrs, sst—The Comet, 3 yrs, sst—Fair
Star, 3 yrs, sst—The Lyon colt, 3 yrs, sst—Headsman, 3 yrs,
Sat—Golden Bee, 3 yrs, 4st 121b—Curiosity. 3 yrs, 4st 121 b
Spur, 3 yrs, 4st 121b—Punch, 3 yrs, 4st 121b—Dictator, 3
yrs, 4st 111 b.
N.B. In consequence of Epsom Races occurring so imme-
diately upon the declaration of forfeits, owners of horses who
may intend to declare forfeit are respectfully requested to ar-
range so that the declaration may reach the secretary, Mr.
Radford, Newcastle-on-Tyne, on or before Saturday, the 23d
inst., it being desirable that a list of the horses remaining in
may be circulated in time for the meeting at Epsom.

(RECEIVED THIS DAY.)
NEWMARKET, WEDNESDAY NIGHT.
ENTRIES FOR THURSDAY.
Handicap Sweepstakes of 20 sovs. each. T.Y.C.
Queen of the Gipsies, 6 yrs, 9st ; Beaumont, 5 yrs, Bst 41b;
Lyons, 4 yrs, 7st 71b ; Hereef, 3 yrs, 6st 21b ; Sister to Per-
gularia, 3 yrs, 6st 91b; Fugitive, 3 yrs, Est 21b. Three de-
clared forfeit.
Sweepstakes of 10 sovs. each. T.Y C.
Symmetry, 4 yrs ; Energy, 4 yrs ; Nell Cook, 3 yrs ; Fu-
gitive, 3 yrs ; Brainless, 3 yrs ; Metha, 3 yrs ; Libation, 3
yrs; Motilla, 3 yrs.
• LATEST DERBY BETTING.

- - --
4to 1 agst Sting . Yy
25 to 1 agst Peri colt—taken
6 to 1 agst Sir Tatton Sykes 33 to 1 agst PyrrhustheFirst
11 to 1 agst Humdrum—taken 40 to 1 agst The Traverser
20 to.l agst Brocardo 40 to,t agst Poynton
EGLINTON PARK RACES—TUESDAY.
Match, 100, p.p.—Mr. Mytton's Volney gelding (Captain
Williams), beat Mr. Robertson's Saladin, 12st each, half a
mile.
The Trial Stakes of 5 sous. each, and 20 added ; the last to
pay the second horse's stake. Half a mile (10 subs.)
Mr. H. Johnstone's Khorassan, 6 yrs (Owner) 1
Mr. W. S. Crawford Ha. The Era, 6 yrs
Captain Pettat na Secundus, 5 yrs 3
The following also started, but were not placed :—Mr.
Leslie's Wooton, 5 yrs—Mr. J. H. Crawford na The Cure,
5 yrs—and Lord Eglinton's Bretwalda, 4 yrs.
The Irvine Cup Stakes of 10 sous. each, with 1501. added.
Once round and a distance. _ _

Lord Saltoun na The Cure, 5 yrs (Mr. 11. Johnstone) 1
Mr. Meiklam's Godfrey, 5 yrs 2
Lord Glenlyon's Ben y Ghlo, 6 yrs
Won by six lengths.
The Half-bred Stakes of 10 sovs. each, h. ft., with 50 added