The Sun.
London, England, 1803-05-09 00:00:00

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L2.IA-Jl4-1

GLOBE INSURANCE OFFICE,
- Pall-Mall, May s, 1803.
IT is
proposed that theapital Stock of the Com.
pally shall be extended from soe,oool. the sum originally
subscribed, to r,soomool. in Shares of tool. each ; and that
about` One-third thereof sball be distributed amortg,Subscti.
bets in the Out-Ports and Provincial Cties.and Towns in
Great-Britain and Ireland.

Each new Subscriber, on beillg admitted by the Direlors,
will be required to pay S per Cent. deposit on his Subscrip.
tiara ; 12 per Cent. in August,- and to per• Cent.. in Novem-
ber 1863.—t0 per Cent. in March,luly, and November t 504,
and the remaining Four Instalments of to per Cent . each, in
March, july,'ancl November
.1865, and in March :806.,

No new Subsciiber \V al be admitted to subscribe more than
2ociol. or Twenty Shares. Two Shares give, One Vote at
General Meetings; Five Shares give Two Votes; Ten Shares
give .Three Votes; and Twenty Shares and upwards give
Four Votes.
I • , IV.

The Capital will be invested in Governnient or Real Secu-
rities ; and efth Subscriber will receive an Interest of Five
per Cent. per Annum on the first Deposit and future Instal-
mentt.

Dividehds of the Profits, in addition to the Half-yearly
Payments of Interest, will be nud:• as often as the Surplus
Funds will admit of such Dividends.
VI.

The Proprietors, by virtueof a Clause in each Policy or
Contract, It:trued upon the Opinion of Three. Counsel of the
first reapeclability, will be subject to no risk beyond the
Capital Stock subscribed by each individual.
VII.

The business of the Company will embrace the various
branches of Fire and Life Insurances, and Annuities, Endow.'
nients for Children, and Provisionior Widows and Old Age ;
•which will he extended by appropriate and beneficial mange.
meats to afford accommodation to persons interested in Rene.
St Clubs, and the industrious classes in general, by enabling
them to improve their earnings and s.ivings, at such rate of
Interest as may hereafter be determined on.
. VIII.

Persons of respeaability and connexion in the Provincial
Towns and Out-Ports., in Great-Britain and Ireland, who
may be admitted Subscribers, will not only
.be benefited in
Consequence of their share ii the profits being returned to
those places, but they will participate in the general advan.
taps which the Concern may derive from great Capital,
and extended .connexion, without being exposed.to.the risk
of personal responsibility.

For the benefit- of large Towns, containing a competent
iiiitn;ler.of Subscribers, it will be the Wish of the Directors
to provide such local establishments, at the expellee of the
Company, with respell to Agency, Fire,-EnAines, Fire-
ins:m, and other accommildationi as the exigency of the case
may icquite,.
It.is requested that the Names, Addresses, and Sums de
sired to be subscribed,' by persons' resident hi the Provincial
Parts of the Entpire,,botti in Great-Britain anti I raind, may
be transmitted to Thomas H. Wil'an.ion, Esq. Snretary to
the Glob:: lii:•.uranceCOmpany, London, on or.
bet:ore ch tst. in order that the necessAry arrange-
merits for:cantnencing businesS may' be' complet ed.