The Sun.
London, England, 1869-07-13 00:00:00

EAGLE INSURANCE COMPANY,
LONDON.

Report of the Directors for the year ending the 30th
June, 1868, read at the Annual General Meeting of
Pt oprietors, Au,zust 14, 1868—Colonel CHARLES
WETHERALL, K.C.T., Chairman of the Company, in
the Chair.

The proprietors will no doubt remember that at the last
annual general meeting a report was made to them for the
quinquennial period then terminating, and that a bonus
was declared in respect of it amounting to the sum of
£208,774. The surplus fund account, as under, commences
with the balance of June, 1867, after deduction of this
bonus—that is to say, with the debit of £772,740 13s. 9d.

SURPLUS FUND ACCOUNT, 30nr JUYE, 1868.
PR. INCOME OF TUE YEAR.
Balance of account, 30th
June, 1867, £981,514 13 9
Less amount 1 istributed
as bonus..

208,774 0 0

Premiums cn new assur-
ances
Ditto on old ditto 366,215 7 3

£380,811 8

nterest from invest-
ments 117,584 7

£498,395 15 11
Profit and loss, balance
of account 46,070 13 3
Total income

X 772,740 13 9

M 4,466 9 2

£1,3L7,207 2 11
CR. C UARGE OP THE YEAR
Dividend to proprietors
ClO-ns on decease of lives
assured £265,523 13 5
Additions to those under

participating policies 22,816 4 7
Policios surrendered 28,642 11 3
Re-assurances, new
Ditto, old 50,365 0 8

£370,618 5 3
Commission
Medical fees
Income tax 2,215 4 7
Expenses of ma nage-
ment 15,485 8 5

400,777 9 5

Total cliargo .
Balanco of account, 30th Juno 1868 907,552 8 6

Examined and approv 1 £1,317,207 2 11
THOMAS ALLEN} Auditors
HENRY ROSE,
Tho total income of the year, it will be seen, is £544,466
9s. 2d., and the total outgo £409,651 14s. sd. ; the diffe-
rence, or the sum laid by--viz., £131.811 14s. 9d.—raises
the fund again to £907,552 Bs. 6d.
The interest received during the year is £117,584 7s.
3d., arising from the productive portion of the realised
assets of £2,897,157, mentioned in the last year's report.
The whole assets, productive and unproductive, may there-
fore be considered as having improved at the rate of rather
more than 4 per cent. ; or, if the profit shown of £46,070
13s. 3d., derived from various extraneous sources, be in-
cluded, at upwards of £5 12s. per cent.
The premiums on new assurances are £14,596 ls. 9d.
and of this sum £3,270 15s. 4d. has been expended in ro
assurances.

The claims on decease of lives assured are nearly iden
tical in amount with those of 1866. They are less than
those of last year by nearly £19,000.
A considerable reduction, too, appears in the amount
of premiums paid for re-assurance, many of the risks
re-assured having tertnihated by death and other causes.
The expenses of management are less than those of last
year by upwards of £1,400. But they still include charges
incurred ih the final closing of the two officeslast absorbed
by the company. The whole expenditure, however, in-
cluding income tax, is at the rate of little more than 5i
per cent. on the total income.
The balance-sheet is as follows :
Du. LIABILITIES.
Interest due to proprietors
Claims on decease of lives assured, and
additions thereto unpaid 61,530 4 5
Sundry accounts
Liability under sums assured, &c. (1867) 6,369,169 11 7
Proprietors' fund
Surplus fund as before 907,552 8 6

Total X 7,565,198 1 3
Crt. ASSETS.
Amount invested in fixed mortgages X1,460,772 2 7
Ditto ditto decreasing ditto
Ditto ditto reversions 347,136 5 5
Ditto ditto funded securities 479,932 13 3
Ditto ditto temporary securities
Current interest on the above invest
ments 36,243 7 6
Cash and bills 22,604 2 9
Advanced on security of the company's
policies....• 159,503 14 9
Agents' baItACOS
Sundry accounts
Value of premiums (WO
Value of re-asap ..... 4,506.167 18 0
tt 86,860 13 9

Total £7,565,198 1 3
Examined and approved.
THOMAS A TJLEN,} Auditors.
HENRY ROSE,
The present disposition of the Company's funds is shown
by this account. On ccmparing it with that of 1867, it
will be observed that further investments have been made
on mortgage and in the Government funds, and that about
£ll,OOO more has been advanced on security of the com-
pany's policies. Exclusive of the sum indicating the value
of the futuro premium; the assets amount to £3,059,030
3s. 3d.
The direction of the company is now constituted as
follows:
The Right Hon. Sir JOHN YOUNG, Bart., K.C.B. Chair-
man.

WILLIAM FREDERICK DE LA. RUE Esq., Deputy-
Chairman.
Charles Bischoff, Esq. I Chas. Thos. Holcombe, Esq.
Thomas Boddington, Esq. I Joshua Lockwood, Esq.
Charles Chatfield, Esq. James Murray, Esq.
Sir J. Buller East, 'Bart., Philip Rose, Esq.
D.C.L. George Russell, Esq.
Robert A. Grays Esq. Thos. Godfroy Sambrook°,
Wm. Augustus tiuy M.D., Esq.
Admiral Thadal4

-y_TOMELESS BOYS OF LONDON.-FUNDS
0 are earnestly solicited for the purchase of food and
7
clothing for the
12G boys on board the Chichester Training Ship.
150 boys in tho Refuge, 9, Great Queen-street.
94 girls in the Refuges, 19, Broad-stroet, and Ealing
870 children.

£l6 will keep a boy or girl for one yettr.
Contributions received by the London and Westminster Bank
214, High Holberni and 41.tothbnry, ,; and by
Wlti,tol NVILLT A3iB, Saaratary.
No. 8, (hat Queen-street, gditth

HOME for the HELPLESS.—ST. JAMES'S
DIOCESAN itOhih far IMMALR Pi l!11
(Hammersmith), utider the immediate direction of the
Bishop of London. The work carried on by a Sisterhood,
"in faithful accordance with the principles of the Re-
formed Church of England," IrtifiDti greatly heeded
COUNC/L.
The Bishop of LONDON,
Aro
Atc4tituUtiti. Rt. Ilan. Percy
Bee. r. G. Bloomfield I Herbert, M.P.

lion. and Rev. F. Byng
Rev. R G. Baker

flee. J. E. tempo
Rev. W. P. Erskine Knollys

Rev. B. Brooke

Rev. S. W. Lloyd

The Lord Clinton

Rev. A. Martitfeau

Rev. W. Cadman
E. Charrington, Eeq.
Rev. E. L. Cutts, Chaplam]
Rev. E. Capel Cure
Rev. J. E. Cox

Rev. W. D. Miciagan
Rev. Daniel Moore
Rev. J. Moorhens°
J. D. Morton, Esq.
Rev. Cane.° Nepean

Octavius Coopo, Esq.
Arthur Currie, Esq.
Rev. J. Connell _

Rev. C. W. Furse

Rev. E. Parry
John Pearson, Esq., Q.O.
Rev. G. F. Prescott

Rev._F. Pigou

C. J. Freake. Esq.
J. S. Gilliat, Esq.
Rev. Dr. F Hersey
H G Heald, Esq.
R. Hook, Esq., Treasurer
Subscriptions will be recei
Messrs. Harries, Farquhar,
Secretary, Rev. S. W. Lloyc
man-square, to whom commi

R. T. Pigott, Esq.
R. R. Pym, Esq.
Hugh H. Seymour, Esq.
R. Wade, Esq.
Loftus Wigram, Esq.
Lved by any of the above Tl;y
and Co; and by the Hon.
I, 14, Seymour-street, Port-
ications may be addressed.

ROYAL HOSPITAL for INCURABLES,
West-hill Putney-heath

Established .31st July, 1854.
This Institution exists for the comfort and relief of per-
sons (being above tho pauper class) afflicted with incur-
able bodily disease.
Relief is afforded--Ist. By supplying a home, with
medical attendance, nursing, and all requisites for the in-
valid.

2d. By granting an annuity of £2O to patients at thei
own homes. _ _

A I ow wing to the Hospital has last been completed
at a cost of upwards of .£lO,OOO, and FUNDS are urgently
NEEDED to liquidate the expenses incurred.
There are 120 inmates and 287 pensioners, all entirely
dependent upon voluntary subscriptions.
Nearly 300 approved applicants are awaiting election
For the maintenance of present operations, for the ex
tension of the benefits of the Charity, donations, and espe-
cially annual subscriptions, are earnestly solicited. Life
subscriptions, £5 ss. and upwards; annual subscriptions,
half a guinea and upwards, with votes in proportion.
Information will be supplied, with the reatest pleasure,,
upon application to the Secretary, by whom contributions
will be thankfully received.
FREDERIC ANDREW Secretary
N 4.10. Foltryi Ludo, fiePtiNOU UM