The Sun.
London, England, 1850-11-26 00:00:00

DISPUTED Lirm POLICIES.

" A trial of considerable interest to Life Assurance Offices and the
public was concluded yesterday in the Court of Exchequer. The
Eagle Company held a policy for an assurance of 5391. In the Albion
Company as security for an advance, the payment of which policy
was now disputed by the Albion, on the ground that at the time it
was effected the fact of the assured party having been a man of in-
temperate habits was concealed from the office. 't he chiet evidence
turnel upon the question as to the degree of intemperance that had
been exhibited, and the result was, that, a verdict was given against
the resisting office, not only for the amount of the policy, but also for
401. interest from the date when it became due. The circumstance
of the actim being brought by one office against another presents a
striking illustration of the uncertainty which may attach to all po-
licies under the present system, and shows that the only mode by
wir eh absolute security can be obtained by the public must lie in• the
general adoption by Assurance Offices of the plan of protesting them-
selves in every case by due inquiries before the gr,..ntim f each po-
licy, and of afterwards assuming the full responsibility of the com-
pleteness of such inquiries by holding themselves precluded from
raising any future question. In the present cane two offices aro
found to be diametrically opposed in their opinions as tc what can
properly invalidate a claim, and yet the public are expected to be
able to guare themselves against such contingences. Similar cases
have occurred before, and even if they were more rare, they would
seriously injure the progress of life assurance. The very principle
upon which the business is founded is the removal of uncertainty,
and whenever that principle is counteracted in the slightest degree,
t e people who would be the first to resort to its advantages are the
first to be deterred."—Times, July 11, 1850.

per-

'FHB LONDON INDISPUTABLE LIFE
POLICY COMPANY
No. 72, LOMBARD-STREET, LONDON.
TRUSTEES.
r. Campbell Renton, Esq.. M.P. Richard Spooner, Esq., M.P.
Richard Malins, Esq., Q.C. I James Fuller Madox, Esq.
William Wilberforce, Esq.
DIRECTORS.

William Adams, Esq.
fohn Atkins, Esq.
ienry Augustus Ptevan, Esq.
1. Thompson Bramwell, Esq.
fshn Dangerfleld, Esq.

Robert Henry Forman, Esq.
John Hamilton, Es
James Fuller Madox, Esq.
John Matthews, Esq.
C. Octavius Parnell, Esq.
AUDITORS.
leorge Cumming, Esq. James Turner, Esq.
William D. Starling. Esq. David Henry Stone, Esq.
SECRETARY—David Alison, Esq.
BANKERS—The London arm unty Bank
PADDINGTON LOCAL BOARD.
24, Connaught-terrace, Edgeware•road.
Rev. James Sherbold Boone, A.M., Stanhope.street, Hyde-park.
;aptain Creed, .Norfolk-crescent, Oxford-square.
;'harles Pemberton, Esq., Eastbourne-terrace, Hyde-park, and Lin-
coln's Inn-fields.

Thomas Jervis AMOS, Esq., York-street, Portman-square.
,leorge Y. Robson, Esq., Eastbourne-terrace, Hyde-park, and New-
square, Lincoln's Inn

Secretary, Chas. HogMori, Esq.

The POLICIES of this Company, being- iNDESPUiAiti.E, form
iramity Provisions and Negotiable Securities, for their validity is not
lependent, as in the case of ordinary Policies, upon the import of
orevious reports and other documents.
Owing to this important improvement in the practice of Life As-
•arance, the progress of this Company has been ra:.id from the com-
nencement of its business, and is steadily advancing.
Copies of the Report of the last Annual Meeting will be forwarded,
in application, to Solicitors, to whom Commission is allowed.
ALEXANDER ROBERTSON, Manager.

CATHOLIC LAW AND GENERAL LIFE
ASSURANCE COMPANY,
NEW COVENTRY-STREET, LEICESTER-SQUARE, LONDON.
The FOURTH ANNUAL GENERAL MEETING of the Proprie-
ors of this Company took place on the 25th instant, at the Head
-Mice, at One o'clock precisely. The following is extracted from the
report, which is too lengthy for publication:—
During the past year no claim, have arisen from deaths in Englanzi.
end but two in Ireland—one for 5001. and the other for 2801.—making
together 7001., which have been paid. This is far below the expected
mortality, and is especially favourable, when it is remembered how
severely the life offices generally suffered from the epidemic of last
year.
The number of lives assured between the Ist of June, 1949, and
the 31st of slay, 1850, was more than double the number issued In
the twelve months preceding.
Prop ,sals were made for 133 Policies, amounting to 52,9631.25. 6d.:
of these 12 t, comprising 106 lives, were accepted for 45,1251. 6s.
Sixteen Policies lapsed, representing 6,0481., upon which 3201. 3s.
was received by the Company in the shape of premiums.
Since the c,mmencement of the Company to the let of June last,
assurances were effected to the extent of 110,9721. 125 6d., pro-
'hieing in annual premiums 3,7321. lls. 6d. Of these 54 lapsed,
mounting to 23,9901. 16s. 6d., of which the annual premiums were
7411. is., leaving the yearly income on the Ist of June last equal to
2,9911. 15s. Ild.
-ince last meeting loans were applied for to the extent of 17,7001.,
but 1,1831. lls. 10d. only was advanced.
The Directors were also highly gratified to report that within the
I et four m mths 'hey had considerably extended their business on
the Continent, having appointed, as Head Agent in France, Monsieur
ie l'Etang, a gentleman of high standing in Paris, distinguished for
his integrity and ability in financial and in all assurance matters,
rho, under the sanction and patronage of the Archbishop of Paris,
the Cardinal Archbish p of Lyons, and Monseigneur Parisis, Eveque
Langres, has already within the last three months effected a con•
siderable amount of business, not only in Life Assurances, but in An-
nuities both Immediate and Deferred.
After various resolutions, approving of the Report, and returning
thanks to the Right Reverend Chairman, Bishop Morris, the Vice-
Chairman, Actuary, Secretary, and Medical Officers of the establish-
ment, the meeting separated, highly gratified at its present results
and future prospects.

‘ll COTTIS H WIDOWS' FUND and LIFE
ASSURANCE SOCIETY.
Founded A.D. 1815,
Constituted by Act of Parliament.
Invested `.`apital.
TWO MILLIONS TWO HUNDRED AND FOUR THOUSAND
POUN S.
Which is the sole property of the Members of the Society.
The Society's affairs are invested septennially.
The effect of the additions ma le to the Policies may be judged of
from the fact that, in the case of the original Members of the Society,
there will be paid nude each 1,000/. insured, in the event of death,
after payment of the premium In the year
thus showing on the ori-
-1850.. £1,990 is. 5d./ a Bonus of 99 per cent.{ ginal sum
upwards of insured.

1852.. 2,062 14s. I Id. •• • • 10G ....
To the representatives of the original member who may die in the
year 18'2, after the payment of the premium applicable to that year,
there will thus be paid more than double the amouht of the original
insurance.

N.B. No Member is entitled to participate in the profits of the So-
ciety unless the Policy be of five years' standing.
The Rooks of the Society close for the current year on the 31st of
December, and Poiicies effected before that time have the advantage
Of a full year's standing over those delayed beyond It.
HEAL) OFFICE, EDINBURGH, 5, ST. ANDREW-SQUARE.
JOHN MACKENZIE, Manager.
LONDON OFFICE, 4, ROYAL EXCHANGE BUILDINGS.
HUGH M'KEAN, Agent.

ENGINEERS, MASONIC, and UNIVERSAL
MUTUAL LIFE ASSURANCE SOCIETY.
Head Office, 345, Strand, London,
(Opposite Waterloo bridge).
Incorporated under Act of Parliament, 7 and. S Viet., cap. 110.
Policies issued free of Stamp Duty to the Assured.
A Policy once granted never disputed.
Medical Referees paid in all cases.
No Entrance-fee for admittance.
The whole of the Profits are divided amongst the Assured.
Assignments and Transfers of Policies Registered at the Office free
of charge.
The Board meets every Tuesday and Friday, at Two o'clock.
Attendance at the Office daily from Ten to Four, when Assurances
may be effected.
i'ersons assuring before Christmas will be entitled to partici-
pate in this year's profits.
FREDERIC LAWRANCE, Actuary and Secretary.

MESSRS. NICOLL'S WAREROOAIS extend
over several Houses in REGENT-STREET, and are appro-
priated to the following departments ;
TO NICOLL'S REGIS I'ERED PALETOT a large space is de-
voted. This garment exemplifies in its characteristics the general
excellence and moderate prices observed throughout the establish
melt.
DRESS for EVENING or MORNING WEAR has its allotted
space.
UNIFORMS—NavaI, Military, and Diplomatic, present, in their
departments, the unusual aspect of fair prices for cash.
ROBES—Municipal, 'erica], &c., have separate rooms, and are
placed on the same footing with the above.
BOYS' CLOTHING —This is a new department, wherein provi-
sion is also made for the display of much elegance and economy.
THE CITY ESTABLISHMENT corresponds with the above, and
is at 22, CORNIIILL, the entrance to the Shipping Department being
in Change-alley.
THE WHOLESALE WAREROOMS and the principal Counting
Houses extend into Warwick-street, at the rear of the Regent-street
premises, where rooms are now being Stted up for the use of the
numerous foreign merchants who will, during the period of the Great
Exhibition, be introduced to this firm through their agents, resident
at most parts of the globe. But where there is no local agent,
strangers wishing to partake of this accommodation, should obtain
a letter from the English Consul, in order that they may have the
assistance of young men speaking different languages, who will then
readily give any information or other good office that may be needed
in a strange land.
H. J. and 0. NICOLL, REGENT-STREET (from 114 to 120 in-
clusive), and 22, CORNIIILL, LONDON.

WO THE TRAVELLING PUBLIC.- A
great comfort is now provided in NICOLL'S TOGA
WRAPPER. It is a novel adaptation of the old Railway Rug
(without its horse-cloth appearance), to a double purpose—that is to
say, besides being used us a wrapper for the knees, it can be used as a
cloak for the shoulders.

Thus, by simply drawing in a string, rests are formed for the
shoulders, and the garment assumes the graceful appearance of the
ancient Toga (whence its name).
The price is One Guinea, or with a hood (now in general use for
travelling in France), and bound with braid, it is One Guinea and a
Half.
When the Toga is used as a wrapper for the knees, the hood forms
a most convenient receptacle for papers, &e.
NICOLL'S TOGA WRAPPER is registered 6 and 7 Victoria,
cap. 65, and can he had in London only, of H. J. and I). NICOLL,
MERCHANT PALETOT PATENTEES, and MA-
NUFACTURERS of CLOT!!, REGENT-STREET (from 114 to 120
inclusive), and 22, CORNIIILL.

CAUTION.—Many have assumed the use of the word

" Palotot," but Messsrs. Nicoll are the sole patentees of the design
and material (in winter or summer substances) employed in
the manufacture of this Inexpensive and gentlemanly article of
costume.