The Sun.
London, England, 1869-06-08 00:00:00

EAGLE IN SURA NC E COMPANY,
LONDON.
Report of the Directors for the year ending the 80th
June, 1868, read at the Annual General Meeting of
Proprietors. August 14, 1868—Colonel CHARLES
WET EIERALL, 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 fur the
quinquennial period then terminating, and that a bonus
was 't glared in respect of it amounting to the sum of
.£20,k,774. The surplus fund account, as under, commences
with the balance of June, 1867, atter deduction of this
bonus—that is to say, with the.debit of £772,740 13s. 9d.

SURPLUS FUND ACCOUNT. Snim JUTE, 1868.
Pu. INCOME OF TIM YEAIt.
pain li)et, of tICCOnnt, 30i h
June, 1867, £981,514 13 9
Less amount I istributed
as bonus 208,771 0 0 _ _

Preniiums f n uf•W nssur-

nne..s .

11.:,96 1 5

Ditto ou old ditt0........ 3Cit;,215 7 3

£3.'0,811 8

Interest from invest-
ments ll7 581 7
,

£772,710 13 9

.£498,395 15 11
Profit and loss, balance
of account
Total inc mile 514,466 9 2
X1,317:207 2 11

On. CIIAIIGE OF TILE YEAR
Dividend to proprietors
CIO-us on deeense of lives
n,snred £265,523 13 5
Additions to those under _ _

...„„_.
p aticipating policies 22,816 4 7
Policies surrendered 28,G12 11 3
Re-assurances, new
Ditto, old..

.C 370,618 5 3
Commission
Medical fees

Income tax 2,215 4 7
Expenses of manage-
ment 15,489 8 5

400,777 9 5

Total charge • £409,654 14 5
Balance of account, 30th June 1868 907,552 8 6

X 1,317,207 2 11
Examined and approv 1
THOMAS ALLEN
HENRY ROSE, f Auditors
The total income of the year, it will be seen, is £544,466
9s. 2d., and the total outgo £409,651 14s. 5d.; the diffe-
rence, or the sum laid by- viz., £134.811 14s. 9d.—raises
the fund again to £907,552 Bs. 6d.
The interest received during the year is £117,584 78.
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 is. 9d.,
and of this sum £3,270 15s. 4d. has been expended in re-
assurances.
The claims on decease of lives assured aro 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
re-assurance,terminated bydeath
and other causes.
many of the risks
re
of-assured
r e
The expenses of management are less than those of last
rear by upwards of £1,400. But they still include charges
I m
having paid
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 5-}
per cent. 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
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
CR, ASSETS.
Amount invested in fixed mortgages £1,460,772 2 7
Ditto ditto decreasing ditto
Ditto ditto reversions 317,136 5 5
Ditto ditto funded securities
Ditto ditto temporary securities 142,424 011
Current interest on the above invest-

ments
Cash and bills
Advanced on security of tho company's
policies
Agents' bah aces
Sundry accounts
Value of pre.nimus (1867) • • •
1',,100 of IT-a=oraneD,

36,243 7 6
22,601 2 9

159,503 14 9
27,112 9 6

112,460 15 0
4,:,hk;,14:17 1S 0
8t0i)i) 1 ; 9

.C7,51,1:'8 1 3
Examined and sRpeoved.
THOMAS A LLEN,} Auditors.
HENRY ROSE,
The present diAposition 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 Las Leen 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.

Total

The direction of the company is now constituted as
follows :
The Right Hon. Sir JOHN YOUNG, Bart., K.C.B. Chair-
man.
WI LI.IA M 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 Bose, Esq.
George Russell, Esq.
Robert A. Gray Esq. Thos. Godfrey Sambrook°,
Wm. Augustus Guy Esq.
I Admiral Tindal.:

HOME for the HELPLESS.—ST. JAMES'S
DIOCESAN HOME for FEMALE PENITENTS
(Hammersmith), under 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." FUNDS greatly needed
COUNCIL. 1
The Bishop of LONDON,
Rev. J. W. Ayre Major-Gen. Rt. Hon. Percy
Rev. F. G. Bloomfield Herbert, M.P.
lion. and Rev. F. Byng ne7. J. E. Kempe
Rev, R. G. Baker Rev. W. F. Erskine Knollys
Rev. S. Brooke Rev. S. W. Lloyd
Aw...3plar.
mtinaecaiaugan
The
Lord Clinton
Reßevv..
Rev, W. Cadman
_
E. Charrington, Eeq. Rev. Daniel Moore
Rev. E. L. Cutts, Chaplain Rev. J. Moorhens°
Rev. E. Capel Cure J. D. Morton, Esq.
Rev. J. E. Cox Rev. Canon Nepcan
Octavius Coope, Esq. Rev. E. Parry
Arthur Currie, Escl• John Pearson, Esq., Q.C.
Rev. J. Connell Rev. G. F. rrescott
Rev. C. W. Furse Rev. P. Pigou
C. J. Freake. Esq. R. 'l'. Pigott, Esq.
J. S. Gilliat, Esq. R. R. Pvm, Esq.
Rev. Dr. F Hem*, Hugh H. Seymour, Esq.
H G Heald, Esq. R. Wade, Esq.
11. Hook, Esq., Treasirer Loftus Wigrato, Esq.
Subscriptions will be received by any of the above ; by
Messrs. Harries, Farquhar, and Co; and by the Hon.
Secretary, Rev. S. W. Lloyd, 14, Seymour-street, Port-
nwn-rgrare, to whorl corrirnr•(.o-to-ili rsf.7 be addr,sced

I-14+1'41,
I I I.'PITAI, for 1 \'(:,1" I
)S? Putney-bet:Hi. I

Established'lllst July, 1854.
This Institution exists for the comfort and relief of per-
sons (being above the pauper class) afflicted with incur-
able bodily disease.
Belief 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 thci
own homes.
A ew wing to the Hospital lain 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 aro 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 58. 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,
No. 10
_Poultry" London, B.C. September 18684