The Sun.
London, England, 1869-05-05 00:00:00

CLERICAL. MEDICAL, AND GENERAL
LIFE ASSURANrE SOCIETY.
13, ST. JAMES'S SQUARE, LONDON, S.W.

CHAIRMAN.
Right Ilon. John Robert Mowbray, M.P.
DEPUTY-CHAIRMEN.
William Bowman, Esq., F.R.S.
Sir Charles Locock, Bart, D.C.L., F.R.S.

Extracts from the Report of the Directors, presented at
the Art ual General Meeting held on the 27th November,
1868 :-
1. The sum of £412,345 was proposed for Assurance, of
which £307,395 was completed at Premiums pro-
ducing £10,067 per Annum.
2. The amount paid under Claims by death was £100,883,
being the smallest since 1860, whilst the expenses of
management and all other outgoings were even less
than for many years past.
3. On the other hand, the Income was raised to £219,769,
notwithstanding that its increase was retarded by
abatements of premium which did not take effect in
the previous year, and by the cessation of interest on
the large sum paid as Bonus in 1867.
4. The Surplus income was very considerable. It
amounted to £93,152, a sum exceeding by more than
£B,OOO any previous Surplus during the forty-four
years of the Society's existence.
5. The Accumulated Fund was thereby increased to
£1,598,906.

The following are among the distinctive features of the

Society :
CREDIT SYSTEM.—On any Policy for the whole of
Life, where the age does not exceed 60, one-half of the
Annual Premiums during the past five years may remain
on credit.
ENDOWMENT ASSURANCES may be effected,
without Profits, by which the Sum Assured becomes pay-
able on the attainment of a specified age, or at death,
whichever event shall first happen.
INVALID LIVES may be assured at rates proportioned
to the increased risk.
PROMPT SETTLEMENT OF CLAIMS.—Claims paid
thirty days after proof of death.
Tables of Rates and Forms of Proposal can be obtained
of any of the Society's Agents, or of
GEORGE CUTCLIFFE, Actuary and Secretary.
13, St. James's-square, London. S.W.

THE GUARDIAN FIRE AND LIFE
ASSURANCE COMPANY.

Established 1821.
No. 11, Lombard-street, London, E.C.
Subscribed Capital Two Millions.
NOTICE IS HEREBY GIVEN, that FIRE POLICIES
which expire at LADY-DAY, must be Renewed within
Fifteen Days at this Office, or with the Company's Agents
throughout the Kingdom, otherwise they become void.
For Prospectus and other information apply to the Com-
pany's Agents, or to

T. TALLEMACII, Secretary.

LONDON FEVER HOSPITAL is the only
institution in the Metropolis for the treatment and
prevention of contagious fevers.
CONTRIBUTIONS will he gratefully received by'
Messrs. Dimsdale and Co., 50, Cornhill ; Messrs. Drum-
mond, Charing-cross ; Messrs. Coutts, Strand ; Messrs.
Hoare, Fleet-street ; and by the Secretary, at the Hospital,
Liverpool-road, Islington, N.

ESTABLISHMENT for GENTLEWOMEN
during TEMPORARY ILLNESS.
The relatives of Clergymen, Naval, Military, and Pro-
fessional Men, Governesses, and Artists may, for a small
weekly payment, receive the comforts of a HOME, com-
bined with the best medical and surgical treatment, at the
establishment, 90, Upper Harley-street.
This establishment, which was opened in 1850, is patro-
nised by her Majesty. The Bishop of London is Visitor,
and it is managed by the Marchioness of Ormonde, the
Carol
Lady
ine La
Rura Pallmer, Mrs. Edward Romilly, the Lady
ussel, Mrs. Cecil Russell, and other ladies.
All information respecting it may be obtained on writ-
ten or personal application to the Lady Superintendent.
Subscriptions received at the Institution, and by the
Treasurer, at Messrs. Coutts and Co.'s, 59, Strand.
W. C .SPRING RICE lion. Sec. I

The net premium income
the sum of
The interest on investment
of receipt yield

has i;

s and

[creased to

..£2
other items

.6,704 1 7

!1,76 18 1

Making a total income of ............ £237.980 19 8
The claims were 335, amounting to the sum of £127,886
128.1 d.

The balance of the year's income was £68,026 9s. 4d.
The assets of the association at the close of the year
amounted to £667,493 Bs. sd.
The directors draw special attention to the fact Hat the
next bonus valuation will take place at the end of the year
1872, and that all polices effected on the profit scales prior
to the 31st December, 1869, will be entitled to participate
in the same.
.. .

The directors also draw attenoon to the successful esta-
blishment during the past year of the Britannia Fire
Association, under the auspices of the Briton. The direc-
tors believe that the establishment of a Fire Company, to
work in active co-operation with the Life, will tend much
to the advantage and profit of both institutions. it is
scarcely necessary to remark that the capital funds and
constitution of each office are quite separate and distinct.
By order of the Board,
JOHN MESSENT, Actuary and Secretary.
London, March 18, 1869.

EAGLE INSURANCE COMPANY,
LONDON.

Report of the Directors for the year ending the 30th
June, 1868, read at the Annual General Meeting of
Proprietors, August 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, 30TH JUYE, 1868.
DR. INCOME OF TIM YEAR.
Balance of account, 30th
June, 1867, £981,514 13 9
tees amount distributeTd
as bonus 208,774 0 0

Premiums on new assur-
£772,740 13 9
ances
Ditto on old ditt0......, 366,215 7 3

£380,811 8
Interest from invest-

men ts
117,584 7

£498,395 15 11
Profit and loss, balance
of account ............... 46,070 13 3
544,466 9 2
Total income ............... -----------

£1,317,207 2 11
Cu. CHARGE OP THE YEAR
Dividend to proprietors
Cle;ms on decease of lives
assured. ................ £265523 13 5
Additions to those under ,
participating policies... 22,816 4 7
Policies surrendered.,.,.. 28,842 11 3
Re-assurances, new ...... 3,270 15 4
Ditto, old
50,365 0 8

£370,618 5 3
Commission 11,702 15 0
Medical fees 751 16 2
Income tax .............. 2,215 4 7
Expenses of manage-
ment 15,489 8 5
400,777 9 5

Total chargA ................... .
........
1868 ...... 90£409e_,,6,5.004 14 52
8 6
Balance of account, 30th June..

£1,317,207 2 11
THOMAS ALLEN}
Examined and approv
HENRY ROSE,
The total income of the year, it will be seen, is £544,466
98. 2d., and the total outgo £409,654 14s. sd. ; the diffe-
rence, or the sum laid by- viz £134.811 14s. 9d.—raises
Auditors
the fund again to £907,552 88.6 d.
The interest received during the year is £117,584 7s.
3d., arising from the productive portion of the realised
The whole assets, productive and unproductive, may there-
fore be considered as having improved at the rate Of rather
more than 4 per cent.
mentioned in the last year's report.
; or, if the profit shown of £46,070
assets of £2,897,157
13s. 3d., derived from various ex tianeous 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 re-
assurances.

The claims on decease of lives assured are nearly iden-
tical in amount with those of 1866. They are less than
t h oAs ec oo fn lastsi
d e
ryaebal re b y
reduction,nea ly £19,000.
too, appears in the amount
of premiums paid for re-assurance, many of the risks
re-assured having terminated by death and other causes.
The expenses of management are less than those of last
Tear by upwards of £1,400. But they still include charges
incurred in 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 51
per cent. on the total income.
The balance-sheet is as follows :
DR. LIABILITIES.
Interest due to proprietors ............. . £6,977 13 3
Claims on decease of lives assured, and
additions thereto unpaid 61,530 4 5
Sundry accounts 45,875 13 6
Liability under sums assured, dm. (1867) 6,369,469 11 7
Proprietors' fund 173,792 10 0
Surplus fund as before 907,552 8 6

Ftat og e
Total £7,565,198 1 3
41,460,772 2 7
CR. ASSETS.
183,979 17 10
Ditto
ount idnivtetosted irdioficxreeadsiomgordt
Ditto ditto reversions ... :. : 347,136 5 5
Ditto ditto funded securities 479,932 13 3
Ditto ditto temporary securities 142,424 011
Current interest on the above invest
ments
Cash and bills
Advanced on security of the company's
policies...., 159,503 14 9
Agents' balunces
Sundry accounts
Value of premiums (1867) •.. 4,506,167 18 0
Value of re-assurances 86,860 13 9

86,243 7 6
22,604 2 9

Total ... £7,565,198 1 3
Examined and approved.
THOMAS ALLEN,
HENRY ROSE, Auditors.
The present dispositionof the Company's funds is shown
by this account. On comparing 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 future premiums, 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., R.C.B. Chair-

man.
WILLIAM FREDERICK DE LA RUE Esq., Deputy-
Chairman.
Charles Bischoff, Esq.
Thomas Boddington, Esq.
Charles Chatfield, Esq•
Sir J. Buller East, Bart.,
D.C.L.
Robert A. Gray Esq.
Wm. Augustus Guy M.D.,
F.R.S.

Chas. Thos. Holcombe, Esq.
Joshua Lockwood, Esq.
James Murray, Esq.
Philip Rose, Esq.
George Russell, Esq.
Thos. Godfrey Sambrooke,
Esq.
Admiral