The Sun.
London, England, 1850-09-27 00:00:00

•
PROVIDENT CLERKS' MUTUAL LIFE
ASSURANCE ASSOCIATION (Enrolled under the Friendly
Society's Acts) and BENEVOLENT FUND, 42, Moorgate•street,
London.

Established 1840.
TRUSTEES.
Thomas Baring, Esq., 3f.P. W. G. Prescott, Esq.
Thomson Hankey, Jun., Esq. I Baron L. de Rothschild, 3f.P.
TREASURER OF THE BENEVOLENT FUND.
John Abel Smith, Esq., 3f.P.
T °hetes issued in 1850 to 21st August-283, f0r£55,500.
Do. for corresponding period of 1849-260, for 51,170.

Increase in 1850 •• • • .... 23, for £4,330
The Benefits of Mutual Life Assurance in all its branches, on a
medium of safe scale of rates, with economical management.
Assurances may be effected on the non-participating scale at re-
duced premiums.
Great facilities allowed for travelling to various parts of the word.
A liberal sum given for the surrender of policies.
The Board of Management meet on Wednesdays, at One; and the
Medical Officers on Mondays, Wednesdays, and Fridays at Half-past
Twelve o'clock, but every facility is given for effecting assurances on
other days.
flue DIVISION OF PROFITS every years on policies of three
years' standing.
CLERKS assuring with this Association, ARE ENTITLED TO
ALL THE ADVANTAGES OF 't HE BENEVOLENT FUND.
Prospectuses, proposals, and every information may be obtained on
application at the Office, 42, Moorgate-street.
By order of the Board,
PHILIP HENRY BYRNE, Secretary.
August 21, 1850.

DISPUTED LIFE 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 advanee, 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. he chief evidence
turne t upon the question as to the degree of intemperance that had
been exhibited, and the rested was, that a verdict was givai
against
st
the resisting office, not only for the amount of the policy, but
401. interest from the date when it became due. The circumstance
of the action 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
wlrch absolute security can be obtained by the public must lie in the
general adoption by Assurance Offices of the plan of prote,ding teach hempo-
-
selves in every case by due inquiries before t grAntira f
licy, and of afterwards assuming the full responsibility 01 the com-
pleteness of such inquiries by holding themselves precluded from
raising any future question. In the protent case two offices are
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
have occurred before, and even if they were snore 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,
tie people who would be the first to resort to its advantages are the
first to be deterred."—Times, July 11, 1850.
THE LONDON INDISPUTABLE LIFE
POLICY COMPANY
No. 72, LO3IBARD-SPREET, LONDON.
TRUSTEES.
I. Campbell Renton, Esq., M.P. I Rich
James Fullard Spooner Mae r, Es
x, q.,
sq. M.P.
Richard .slalins, Esq., William
do E
lliam Wilberforce, Esq.
DIRECTORS.
Robert Henry Forman, Esq.
John Hamilton, Esq.
James Fuller Madox, Esq.
John Matthews, Esq.
C. Octavius Parnell, Esq.
AUDITORS.
George Cumming, Esq. James Turner, Esq.
William D. Starling, Esq. David Henry Stone, Esq.
SECRETARY—David Alison, Esq.
BANKERS— Messrs. Spooner, Attwoods, and Co.
PADDINGTON LOCAL BOARD.
24, Connaught-terrace, Edgeware-road.
Rev. James Sherbold Boone, A.M., Stanhope-street, Hyde-park.
Captain Creed, Norfolk-crescent, Oxford-square.
Charles Pemberton, Esq., Eastbourne-terrace, Hyde-park, and Lin-
coln's Inn-fields.
York-street, Portman-square.
Thomas Jervis Antos, Esq.,
George Y. Robson, Esq., Eastbourne-terrace, Hyde-park, and New-
square, Lincoln's Inn.

William Adams, Esq.
John Atkins, Esq.
Henry Augustus Bevan, Esq.
J. Thompson Bramwell, Esq.
John Dangerfield, Esq.

Secretary, Chas. llogliton, Esq.
The POLICIES of this Company, being INDISPUTABLE, form
Family Provisions and Negotiable Securities, for their validity is not
dependent, as in the case of ordinary Policies, upon the import of
previous reports and other documents.
Owing to this important improvement in the practice of Life As-
surance, the progress of this Company has been rapid from the com-
mencement of its business, and is steadily advancing.
Copies of the Report of the last Annual Meeting will be forwarded,
on application, to Solicitors, to whom Commission is allowed.
ALEXANDER ROBERTSON, Manager.