The Sun.
London, England, 1851-04-10 00:00:00

ANNUAL DIVISION OF PROFITS AND LARGE REDUCTION

OF PREMIUMS.
HAND-IN-HAND FIRE and LIFE
INSURANCE SOCIETY.
No. 1, New Bridge-street, Biackfriars, London.
Instituted in 1696. Extended to Life Insurance, 1836.
IMMEDIATE, DEFERRED, AND SURVIVORSHIP
ANNUITIES GRANTED.
DIRECTORS.

The Hon. William Ashley,
The Hon. Sir Fdward Cast,
John Lettsom Elliot, Esq.
James Esdaile, Esq.
Harvie M. Farquhar, Esq.
John Gurney Hoare, Esq.
Aunrroas.—The Hon. Col. Cust,

E. Fuller Maitland, Esq.
The Hon. Chas. John Murray.
William Scott, Esq.
John Sperling, Esq.
Henry Wilson, Esq.
Robert Winter, Esq.
Thos. Fuller Maitland, Esq.

James Esdatle, Esq.
Baxsaks.—Messrs. Gosllsgs and Sharpe, 19, Fleet-street.
ruysicistr.—Thomas K. Chambers, M.D., 1. Hill street, Berkeley.
square.
SOLICITORS.—Messrs. Lumley, Nichol], and Smyth, 18, Carey.

street:
ACTI7AR7.—James M. Terry, Esq.
Sactspriarr.—Robert Steven, Esq.
FIRE DEPARTMENT.
Although the lowest rates of premium consistent with security
have been charged by the Office, it has for many years been enabled
to make very large returns to septennial Insurers.
LIFE DEPARTMENT.
The important advantages offered by she plan and constitution of
the Life Department of this Society are—
That Insurers are protected by a large invested capital, upon which
there Is no interest to pay, and for which no deduction of any kind
is made, which enables the Directors to give the whole of the Profits
to insuring members.
That the Profits are divided annually amongst all members of live
years' standing, and applied towards reducing life insurances to the
lowest possible rates of premium.
The following table exhibits the Abatement of Premium that has
been made for the past nine years to members of five years' stand.
ing :

Tears of Rate of Tears of Rate of
Division. Abatement. Division. Abatement.
--.----
1842 £45 per Cent. 1847 £5O per Cent.
1843 45 „ 1846 50 „
1844 48 „ 1849 52% ~
1845 50 „ 1850 _62N ~
1846 50 ~

A Policy taken out on or before the 24th of June, 1045, at an an-
nual premium of 1001., will consequently be charged 471. les. as this
3 ear's premium ; and it is expected that an equal abatement will in
future be annually made.
That persons insuring their own lives, or the lives of others. may
besome members
That persons who are wi
can insure at a lower rata

The followl
mium made b:
years in force

'hig table will
)3, the Society

lling to forego participation in the profits
than that charged to members.
show the effect of the reduction of pre-
on Members' Policies that have been five

Age when
Insurcd.

Sum
Insured,

100
109
500
500
1000
2000
5000

Annual Premium Reduced
for first five years. Premium.
£ s. d. £ a. d.
2 13 5 1 5 6
3 7 11 1 12 3
13.7 1 6 7 0
16 19 7 8 1 3
38 19 2 18 10 1
67 18 4 32 5 2
194 15 10 92 10 6

This system of reducing the premiums affords immediate benefit
to the members, or enables them to insure a further sum upon their
lives equal to mere than one-third of the present policy, without any
additional outlay.

ROBERT STEVEN, Secretary.

CATHOLIC LAW AND GENERAL LIFE
ASSURANCE COMPANY,
8, NEW COVENTRY-STREET, LEICESTER-SQUARE, LONDON.
The FOURTH ANNUAL GENERAL MEETING of the Proprie-
tors of this Company took place on the 25th instant, at the Head
Office, at One o'clock precisely. The following is extracted from the
report, which is too lengthy for publication :
During the past year no claims have arisen from deaths in England.
and but two in Ireland—one for 5001. and the other for 2501.—making
together 700/., which have been paid. This is far below the expected
mortality, and is especially favourable, when it is remembered how
severely the life offices generally suffered front the epidemic f
year.
The number of lives assured between the let of June, 1649, and
the 31st of May, 1850, was more than double the number issued in
the twelve months preceding.
Proposals were made for 138 Policies, amounting to 52,9631.25. 6d.:
of these 121, comprising 106 lives, were accepted for 45,1251. 6s.
Sixteen Policies lapsed, representing 6,0481., upon which 3201. as.
was received by the Company in the shape of premiums.
2,991,1.1813'518..1 ihl.dg.vimingt.he
7 Since
ui the commencement of the Cowpony to the Ist of June last,
assurancesinceiTneereet effected to the extent of 110,9721. 12s 6d., pro-
olumeoinunguinng
to annual
23,0 50 i6,.premiums
6d:,30,7f324.hi1e1h5. 6d. Of these 54 lapsed,
the annual premiums were
• Is. leaving
yearly
only
loansw wa
g e raed
incomeav on the Ist of June last equal to
but Ipapnliceedd. for to the extent of 17,7001.,
The Direct° •
last four mourtl,:were also highly gratified to report that within the
the Continent, having
had considerably extended their business on
de l'Etang, a mitung aPl>ointed, as Head Agent in France, Monsieur
his integrity and saatay of
high
standing in Paris, distinguished for
who, under the sanction in financial, and in all assurance matters,
the Cardinal Archbish.v and
Patronage of the Archbishop of Paris,
de Langres, has already
within the
and Monseigneur Parisis, Eveque
siderable amount of business the last three months effected a con-
nuities both Immediate ancl'Llel Only
in Life Assurances, but in An-
After various resolutions, appreorld'
thanks to the Right Reverend Chairman,' ng of the Report, and returning
Chairman, Actuary, Secretary, and Medical Bishop Morris, the Vice-
Chairman,
the meeting separated, highly cal Officers of the establish-
and future prospects. gratified at its present results

MAGIC STROP.
C A
"The U T
Re I
al
e Double Magic Strop," The
OMN,
ME
Strop,'
gic St ,PiTih'S
Magic Strop," are all base imitations of MECIIPS MAGIC STROP.
None are genuine without Mechi's name, which imitators dare not
put on the spurious strop; yet, strange to say, ma _
ny perfumers call-
ing themselves respectable, endeavour to palm this rubbish (they
cost from 3d. to sd. each in Sheffield) on the public as Mecs genuine
strop, although they possess no sharpening properties whatever, but
the very reverse. The well-known Magic
properties are n
truly astonish-
ing, Mead's Razors stand pre-eminekt as well as his Table Cutlery.
4, LeadenUastreet.