The Sun.
London, England, 1869-04-15 00:00:00

T 1
CLERICAL, MEDICAL, AND GENERAL . 2 XIJ ;)
LIFE ASSURANrE SOCIETY.
.G al ,e a '.-8
i
.izi = = '.B. 3
13, ST. JAMES'S SQUARE, LONDON, S.W.
~. ;) ' a 8 Amount 6 m Amount Annual
4 7,7 o Proposed. X:i Assured: Premiums.
CHAIRMAN. &X', • 114 O
Right Hon. John Robert Mowbray, M.P.
—. _ ---- ---
DEPUTY-CHAIRMEN. £ a• d• X s. d. Xs. d.
William Bowman, Esq., FAS. 1858 4,802 1,023,140 0 0 3,318 f 54,140 0 0 21.347 16 5
Sir Charles Locock, Bart, D.C.L., F.R.S. 1863 13,244 2,779,666 0 0 9,746 2,037,383 0 0 63,507 19 10
1868 17,466, 1,861,303 5 9 13,699 3,752,967 4 8 122,257 17 6
Extracts from the Report of the Directors, presented at
a 2 --
,
Total_ 35 ' i 8,664,109 5 9 26,763 6,444,490 4 8 207,113 13 9
the Annual General Meeting held on the 27th November,
1868 : The net premium income has increased to
1. The sum of £412,345 was proposed for Assurance, of the sum of ....................................... £216,704 1 7
which S.VI7 RQ; ....... ----1-4-a —4. n---:.. ___ rn. - . . . _L---le .....1 -LI .

Extracts from the Report of the Directors, presented at
the AuLual General Meeting held on the 27th November,
1868 :-
1. The sum of £412,345 was proposed for Assurance, of
which £307,395 was completed et 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.

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

, ...................... X 2
Is andotber items

1,276 18 1

Making a total income of £237.980 19 8
The claims wore 335, amounting to the sum of £127,886
12s. ld.
The balance of they ear's income was £68,02G 9s. 4d.
The assets of the association at the close of the year
amounted to £667,403 Bs. sd.
The directors draw special attention to the fact thet 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 attention to the successful
the Board,
esta-
blishment during the past year of the Britannia Fire
a
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
e s funds addi
ss andnet
constitution of
scarcely necessary to remark that the capitalrat
p
JOHN MESSENT, Actuary and Secretary.
London, March 18, 1869.
eachßy Ifrizraerfe quite e

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 OUTOLIFFE, Actuary and Secretary..
13, St. James's-square, London, S.W.

(NE HUNDRED .& SEVENTY DESTITUTE
ORPHAN CHILDREN are being maintained in the
ROYAL ALBERT ORPHAN ASYLUM, at the moderate rate
of £25 per annum each. Funds greatly needed.
CHARLES A. WALKER, Secretary.
Office, 54, Cheapside, London, EX