The Sun.
London, England, 1821-12-07 00:00:00

NUMBER 9137.]

SHIP OWNERS' SOCIETY, 33, NEW BKoAD-ThEI,-;T.
THE ANNUAL GENERAL-MEETING
ottlie SHIP OWNERS of GREAT BRITA.IN will be
held at the CITY of LONDON TAVERN, on mintsnas, •
the 13th day of December, mt. at Ten for Eleven o'Clncit
Precisely, to receive the Report of the Committee, and to
Elect a President, in the room of the Earl of Sheffield, de•
ceased, and Eight Memberi, in the place of that number
,"lo are going out by rotation, The Members of .the Society
*ill afterwards DINE together at the same place.

STEWARDS.
Sir Wm. Curtis, Bart. M.P. Richard Gardner, Esq.
Alex. Robertson, Esq. M.P. 1 Thomas Gillespy, jun. Esq.
William Bawtree, Esq. David Johnstone, Esq.
Thomas Henry Buckle, Esq. J. A. Nleaborn, Esq.
Martin Burnell, Esq. Henry Moore, Esq.
William Fearnall, Esq.
Joseph Somers,
Titktts, One Guinea each, to be had of the Stewards, and at

the T:
Milner to be on Table

Fiveo'Cliict: precisely.
S. COCK. Secretary.

NEXT TUESI?AY,
TICKET TWO POUNDS-SIXTEENTH FOUR

UNGS
lIAZARD and CO. CONTRACTORS for
the PRESENT LOTTERY, are 'WO' Iv- gratified by
the nianv marks of Pnblic.approbation bestoweJ on their offer
ter take back, after NEXT TUESDAY, at a small redaction
?f price, all Tickets or Shares, whether drawn or undrawn,
a presented on or before the 17th of December.
A PRIZE of 5,0001. is sure to be•drawn NEXT TUESDAY,
and May he gained at very little. Rioi, as will be seen by the
t
10110 wing statement of what a Ticket or Share costs, and
what will be given hack for it after Next Tuesday's Drawing,
Nvhether it be a Blank, Small Prizes, or Undrawn.
Ticket
Half t3 5 0 may receive back le 0 0
Quarter - 6 0 0
Eighth 3 7 6 may receive back
Sixteenth 1 14 0 may receive back
Tickets and Shares are Selling on these very advantageous,
terms, at HAZARD and Co.'s Old and Fortunate. Offices,
93, ROYAL EXCHANGE ; 26, CORN HILL; anti 324, OX-
FORD-STRE ET.
HAZARD and Co. Shared and Sold in th.: Last Lottery,
15,702, a 21,0001.-6,05.4,a 15,000; and in a former Lottery,
ALL the PRIZES of 30,000 !
SCOTTISH

LIFE ASSURANCE
CIErY.

At the EIGHTH ANNUAL GENERAL COURT of the
SOCIETY, held within Oman's Waterloo Tavern, ore MON-
DAY' , the 12th ultimo (the Right Hon. the Earl of ROSE-
BERRY in the Chair), the following Members of the So-
F,ely were unanimously elected Office-bearers fur the rusts.
10g year, viz.:—

PRESIDENT.
The Right Honourable the Earl of Roseherry.
• VICE-PRESIDENTS.
T. Gibson Carrnichael,llt. eland Russel, • Esq.
‘al'orge Joseph Bell, Esq. • 1 *The Hon. Luid Alloway.
ORDINARY DIREI.TORS.
Messrs. Duncan Stewart Messrs. Ebenezer Wardlaw
Attdrisv:ler ,James Reid, . .
Julio Sutherland Patrick Cockburn •
James Romance • Alex. Craig
W. Scott Muncrieff Antlw. Milroy
James Heflin *Thomas Miller
William Ellis *Joh n Craig
Alex. Henderson klietirT Wood
Those marked thus are newly elected.
LIFE ASSURANCE AND ANNUITIES continue to be
transacted at the•Otlice of this Society in all their branches ;
and as it is the only Parrot Institution in Scotland for Life
Assurance, information is obtained, and assurances effected,
at their Office, with great comparative facility and expedi-
tion. _ _

At a time when other Institt4tions for Life Assurance seem
anxious, by every means in their p.iWer; to attract atrentim
to the advantages alleged to attend their own peculiar
systems, and to the dangers, real or imaginary, which they
assert to threaten a connexion with other Life Offices, the
birecturs of this Society are happy to embrace the opportu-
rtity assuring the public, that any invidious contrast be-
tween the conduct of their own arid other Institutions will
never be allowed a place in their exertion to promote a know-
ledge of its benefits. It is sufficient for then,, that without de-
preciating the merits of other Institutions, many of which
ore highly respectable, they Can solely assert that the prin-
eiples ut the Scottish Life Assurance Society are, beyond the
p‘ossibility of just challenge, safe, liberal,-,lnd, advantageous.
ourided on the model of the Equitable Society of London, it
has already been attended with a success equal at least to that
of that justly celebrated Institution within the saute period of
Cale from its commencement, and the extent of accumu-
lated fund and annual revenue now possessed by the Society,
ant the great and daily increase in the accession to the number
of its members, are at once the most substantial e.vidences of
its past success, and the surest pledges of its future pros-
perity.
The rates of premium are somewhat lower, than thoie charg-
ed by the Equitable and most Offices, nut froM any difference
in the assumption of the probabilities of life ',front which, as
established and sanctioned by long experience, it was deemed
•linsafe to depart), but from the improveuient of money being
assumed at tour instead of :3 percent.
One or two Offices have lately advertised a reduction on the
rates of premium as long established at the Loudon Others.
It cannot, however, fail to. have been observed, that with these
Offices there are connected bodies of Proprietors, who either
share exclusively or largely in the surplus funds or profits.—
But to those who duly consider the nature and pi inciplos of
the Scottish Life Assurance Society, it must be evident to
demonstration, that insurance .for the whole period of life
may be effected at its Office, not only on the lowest possible
scale of premium, but in a manner much more advantageous
to the insured than similar insurances can be effected at any
of the Proprietory Offices, even supposing their premiums to
be considerably ur greatly reduceil.—t. It is evident that
such Insurances are effected at this Office on the lowest
possible scale of ptemium, because nothing more is ultimately
exacted by this 'Society from its 'Members than that pro-
portibu of the accumulated fund which is necessary to de-
fray the claims on it; and, as the greatest care is exercised
itt the selection of proper lives, there is not the slightest chance
that these claims should at all exceed the lowest scale of mor-
tality than can be expected in a healthy and temperate body of
individuals. It is a fundamental principle of ihis Society, that
any excess above these claims is refunded to the Members, in
ptoportionto their respective interis-as in the Society-2.1t will
also be evident, that Insurances may be effected at this Office
in a manner much more advantageous to the insured than si-
milar Insurances can be effected at ;my of tlw Proprietory
Offices, even supposing their premiums to
-be considerably re-
Calved, when it is considered that a large share rir the surplus
fund in this Society, and of the profits in the offices just al-
luded to, arises from advantageous irivestmetits of their capi-
tal, the proceeds of temporary Assurances, the frequent in-
stances of discontinued insurances, and other causes. These,
in Proprietory Offices, are all sources of great profit to the
bodies of Proprietors, which are shared amongst themselves
exclusively, and in this Institution they are also a source of
Profit, but with this striking difference in the application of
these profits—that they go exclusively to increase the surplus
Lund,' which, it has been already mentioned, is the property of
and divided among the Members at large.
From the greatly increased and daily increasing number of
applications; the Directors feel that the advantages of .Life
Insurance are now geneTaily understood, and they are happy
to know that this Institution has already been pi eductive of
the must beneficial consequences to individuals and families.
and that the advantages contemplated in its formation have
thus already so far beets realized.
At a late Extraordinary Court of Directors, it was unani-
mously resolved,That Lives insured at this Office shall be al•
lowed occasionally to pass by Sea from one part of the United
Kingdom to another, and also in time of peace occasionally to
Pass in King's ships, steam-boats, or other deched vessels,
betwixt British ports, and such foreign ports as lie betwixt
Ostend and Havre de Grace (both included), and that without
Paying any extra premium, or being subjected to the inconve-
nience of applying to the Directors for such license, as here-
tofore required, •
Attendance daily at the Office, where every information
May be readily obtained.

JOHN M'KEAN, Manager
&Latish Life Assurance Office, Edinburgh,
71, Prince's-strtet.