The Sun.
London, England, 1851-11-17 00:00:00

meeting.—(Hear.) If you doubt the accuracy of
what I state, here is the policy-list to confirm what I
say.—(Hear, hear.) We now number 360 policy-
hoider3.—(Hear.) And now, gentlemen, with regard
to our local branch at Norwich, we have beard from
our friend; Mr. James, that some of the oldest and
wealthiest of the iginiance offices dO nothing like the
amount of business just stated by me.—(Hear, hear.)
I was also told, yesterday, by our representative at
Bury, Mr. Guy, who is present here to-day, tat
a large office in his locality, with the advantage of
an enormous capital and a fire business, and com-
prising persons of position and influence, and loag
resident in the district, had only obtained two new
life-policies from his town, last year; whereas we at
that town alone have issued double that quantity at -
least in the short time we have been represented there.
Now, adverting again to Norwich, we have, since the
month of June, received fifty-three proposals from
Norwich alone, nearly all of which, at the present
moment, have been completed. Tait' will be sufficient,
I trust, to show that we are well established there.
—(Hear, hear.) Oar income from that branch
alone produces upwards of 200/. a year, and
with a branch like that in every town of importance
in the United Kingdom, would ba sufficient in itself
to make this establishment one of the first in the
country.—(Hear, bear.) I believe an office of some
standing, numbering some thousands of proposals, owes
its success chiefly to this system—l refer to the National
lon Fund Office.—(ilear, hear.) Since I joined
this scciety, on the 27 ti :Nov. 1850, not quite a year,
I fladi:our receipts during that period have equalled,
it. not exceeded, our actual expenses.—(Hear, bear.)
Of course, I do not refer to any expenses incurred
previous to my joining Those must be,
and have been,
ocionuiPsgidetpeed society. typreliminary
expenses,
e
and I appeal with confidence
to you to say whether
e
this is not a most satisfactory p "(liear, hear.)
Indeed, Mr. Lawrence will bear me out.
Mr. LawaiNcE—Hear, heart
Mr. BEVAN--
And he, gentlemen, has had some ex-
perience; but I will quote a still
higher authority than
him. I will appeal to the Government actuary,
h Mr.
A. G. Finlaison, for corroboration of
dstate ;
if I mistake not he will tell youthat itw
"at
d
most encouraging position.—(Hear, bean)* in
e a
Mr. LAWRANCE—I certainly must say the amount
of business is to me very surprising, when
icon-
sider the smallness of the expenses.—(Hear
Mr. BEVAN—As a verification of the fact jar.).ll
refer you to our books as the best answer I w-1 Call give
you.—(Hear, hear.)
Mr. JAMES then claimed the attention of the meet.
ing while he moved a vote of thanks to the direct
ors
for the very businesslike and efficient manner in
which they had managed the affairs of the society.
The vote was carried by acclamation, and after.
wards a similar compliment was paid to the Chairman
personally.
The CHAIRMAN was rejoiced to find that the pro.
ceedings of the board met with the universal ap-
proval of the shareholders. Their approbation was
the only reward the directors coveted, and now that
they had achieved it, the shareholders might rest
assured that it would have the effect of stimulating
their exertions for the future.—(Hear, hear.)
Mr. VERRET said they ought not to lose sight of
the eminent services which Mr. Bevan and Mr.
Angus had rendered them. Their businersnke con-
duct ought to be noticed on that occasion, and he
had, therefore, much pleasure in proposing that the
cordial thanks of the meeting be presented to those
gentlemen for their past services.—(Hear.)
The motion was carried by acclamation.
Mr. BEVAN, in returning thanks for himself and
his colleague, said no exertions would be wanted on
their parts to promote the interest of the Society so
long as they all worked in harmony together.—
(Hear, hear.) He was quite certain the business of
the society would be carried on with energy and
spirit, and he had little doubt that by the time they
met in July next their income would be upwards of
5,0001. a year.—(Cheers.)
The proceedings were then pronounced to be at
an end by the Chairman, and the meeting, which was
exceedingly unanimous throughout, broke up.