The Sun.
London, England, 1869-03-12 00:00:00

.Tl,4,ChaliBrm6Ban of the Company, in
tlif"rhi°r"
EAGLE IN SIIRA N 0 E COMPANY,
LONDON.
Report of the Directors for the year ending the 30th
June, 1868, read at the Annual
cGoeinoenreall 3CleneAtinnguos
WEll f
P
The proprietors will no doubt remember that at the last
annual general meeting a repor.t wt!,a made to them for the
quinquennial period then terminating, and that a bonus
eC'reatiE.RXLALu' C's°t
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 JUFE, 1868.
DR. INCOME OF THE YEAR.
Balance of account, 30th
June, 1867,.. • 081,514 13 9
Less amount distributed
as bonus 2OB 0
,774 0
£7 7 2 ,710 13 9

Premiums on new assur-
ances
459 1
Ditto on old ditto 3616:2156
7

£380,811 8 3
Interest from invest-

men ts 117,584 7 3

£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

CR. CHARGE OF TEE YES £8,877 5 0
Dividend to proprietors ..................
Claims on decease of lives •
assured .................. £266,523 13 5
Additions to those under
participating policie 22, Q
816 4 7
Policies surrendered..... 28, A
' 842 11
Re-assurances, ne ...... 3,270 15 "
Ditto, 01d.........,,.......... 50,865 0 8

Commission ,7 X 370,618 5
110215
Medical fees 751 16 2
Income tax ... ; .... ...... 2 215 4 7
Expenses of manage-
,
meat
15,489 8 5
400,777 9 5

654 14 5
Total chargA £409
................. .........
Balance of account, 30th june.. 1868 ...... 907,,552 8 6

£1,317,207 2 11
Examined and approv
THOMAS ALLEN,/ Auditors.
NRY ,
The total income ofH thEe year, it ROSE
will be seen, is £544,466
9s. 2d., and the total 0utg009,651 14s. M. ; the diffe-
rence, or the sum laid by. viz., £131,811 14s. 9d.—raises
the fund again to £907,552 Bs.
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.
Thep remiums on new assuranees 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
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 terminated 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 in the final closing of the two officeslast absorbed
by tho company. The whole expenditure, however, in-
cluding income tax, is at the rate of little more than 51
per rent. on the total income.
The balance-sheet is as follows :
DR. LIABILITIES.
Interest due to proprietors
Claims on decease of lives assured, and
additions thereto unpaid
Sundry accounts .................& 45,875 13 6
Liability under sums assured, c. (1867) 6,369,169 11 7
Proprietors' fund
Surplus fund as before 907,552 8 6

Total £7,565,198 1 3
On. ASSETS.
Amount invested in fixed mortgages £1,460,772 2 7
Ditto ditto decreasing ditto

Ditto ditto- reversions 347,136 5 5
Ditto ditto funded securities
Ditto ditto temporary securities, 142,424 011
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' balf ACOS
Sundry accounts
Value of premiums (1867) ........... 4,506,167 18 0
Value of re-assurances 86,860 13 9

Total .................................... X 7,565,198 1 3
Examined and approved.
THOMAS A LLEN,I
lIENR Y ROSE, f Auditors.
The present diapositionof 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., K.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.,

Chas. Thos. Holcombe, Esq.
Joshua Lockwood, Esq.
James Murray, Esq.
Philip Rose, tsq.
George Russell, Esq.
Thos. Godfrey Sambrooko,
dmir
Esq.
Aal Tindal.;

D.C.L.
Robert A. Gray: Esq.
Wm. Augustus guy, M.D.,

ROYAL HOSPITAL for INCURABLES,
West-hill, Putney-heath.

Established 31st July, 1854.

This Institution exists for the coinfort• and relief of per-
sons (being above the pauper classl ufilieted with incur-
able bodily disease. _ _ _ _

Relief is afforded—let. 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 thoir
own homes.

A new wing to the Hospital has inst 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 237 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 greatest pleasure,
upon application to the Secretary, by whom contributions
will bo thankfully received.
FREDERIC ANDREW, Secretary.
No. 10,Pottry7 London, E.G. §eptomber, 1868.