The Sun.
London, England, 1856-04-09 00:00:00

JLN( LISA FIRE INSURANCES.

Subjoined are the provisions of the new measure
by which the Chancellor of the Exchequer contem-
plates the possibility of preventing English fire
insurances from being effected in foreign offices.
All persons acting in the slightest degree as agents
in such cases are to be compelled, under a penalty
of 100/. per day, to take out a licence similar to
that required by the English offices, and to pay
duty. It is likewise stipulated that every insur-
ance on property in England is to be liable to
duty, whether the policy be issued here or in a
foreign country. The means by which this stipu-
lation is to be enforced remain yet to be ascer-
tained :

" Whereas, under and by virtue of certain acts passed
in that behalf, persons insuring or keeping an office for
ln.turing property from loss by fire are requested to take
out licences for that purpose from the Commissioners of
Inland Revenue, and to give security by bond for duly
rendering accounts of such insurances and paying the
duty chargeable in respect thereof, and a certain stamp
duty is by law chargeable upon any policy or other in-
strument whereby any insuranceis made of or upon pro-
perty from damage or loss by fire, and a further duty at
and after the rate of 3s. per centum per annum is also
chargeable in respect of every such insurance; and
whereas it is expedient to amend as hereinafter men-
tioned the laws relating to the duties on such insurances :
be it therefore enacted as f, llows

"1. Every person who iu the united kingdom shall
receive or accept any proposal or instructions for the in-
surance of property from loss or damage by fire by any
company, society, or person, or persons out of the
united kingdom, or who shall keep, or have, or conduct,
or manage any office or place for accepting or receiving
or issuing any such proposals or instructions, or who
shall be held out by any public advertisement or notice
as •a person to or by or from whom any such proposals
or instructions may be given or received or obtained, or
through or by means of whom any such insurance as
aforesaid may be effected, and every person who shall in
any manner effect or negotiate, or be concerned in
effecting or negotiating, any such insurance as afore-
said for or on behalf of any such company, society, or
person, or persons as aforesaid, or who shall issue or
deliver out any policy or other instrument, or any note
or memorandum of or relating to any such insurance
as aforesaid, made or proposed or intended, shall be
held and deemed to be a person keeping an office for in-
suring property from loss by fire within the meaning of
the several acts before mentioned, and shall be and is
hereby required to take out a prop(r licerca in that be•
half, and to give security in the manner directed by the
said acts respectively, and in such form as the Commis-
sioners of Inland Revenue shall think proper, for ac-
counting for and paying the duties with which he shall
be chargeable aribereinafter mentioned ; and if any such
person hereby required to take out such licence and to
give such security as aforesaid shall neglect or omit PO
to do,-he shall forfeit the sum of 100/., and the like
penalty for every day that such neglect or omission shall
continue.
Every person who by reason of any such act or
meanie as. in the• preceding clause mentioned shall be
deerised to be -a person keeping such office as aforesaid
within the meaning of this act and the several acts
aforesaid shall account for, and shall be chargeable with,
the duties in respect of all such insurances as aforesaid
made, or nndertaken, or agreed to by any company,-
society, or person or persons out of the united kingdom
for whom or on whose behalf, or in respect of whose
business of insurance, he shall do any such act as
aforesaid, or become a person keeping such office as

aforesaid.
"3. The said respective duties by the said ads
granted as aforesaid shall extend to and be payable
acid paid for and in respect of every insurance of pro-
perty within the united kingdom from loss or damage
by fire, whether the same shall be made by any coo:.
pany, society, or person, or persons within or out of
the united kingdom, and whether the policy or other
instrument, note, or memorandum of or relating to
any such insurance shall be made, signed, or issued
in the united kingdom or elsew ere, and whethe
there shall be any such policy, instrument, note, or
memorandum, or not.

At the annual meeting of the Company of Cop-
per Minas of Ergland, held yesterday, the dividends
declared were at the rate of 74 ptr cent. on the prefer-
ence shares, and at the rate of 2 per cent. on the origi-
nal stock.