The Sun.
London, England, 1821-09-28 00:00:00

That the'bUsiness' of the Society shall be conducted in some
convenient situation in London or Westminster, and the general
arrangement thereof entrusted to five Trustees, thirteen Direc-
tors, three Auditors, a Secretary, and Actuary.
That there shall be nine Directors for the County of York,
three in each ; three Directors for the County of Rut-
land ; and three for•each of the Welsh Counties ; and for each
of the other Counties, except Middlesex, five ;- to whom all
Matters arising in the' Counties fOr which they are respectively
appointed, shall be referred.
That the Trustees and Directors be chosen out of the Sub-
seriberi,"holding not-leis than three shares, or Members whose
lives have been assured three years for a sum of not less-than 5001.
That the Trustees, Directu.-s, Auditors, Secretary, and Ac-
tuary, for the general management of the Society, shall be an-
nuallY elected by the Proprietors at large, and Assurers of three
years standing of 5001. and upwards, at a yearly meeting to be
held in-London or Westininster., .

That' the Provincial Directors shall be annually. chosen at the
Summer AsSizes fbr each County, by the Proprietors of those
Countiqs wherein such Dirietors reside, and for which they are
appointed ; and by AsSurers resident therein of two years Litarid-
mg. for 5001. and upwards.
That a-proprietor of one share be entitled to one vote ; three
shree shares, two votes ; five shares, 'three votes ; and a partner-
ship firm having' seven shares, to five votes. •
That Members be entitled' to cne vote for each 5001. assured.
•

. . .
That the life of no,pqrsonresident beyond the Bills of Mor-
tality,'. shall be assured,' unless his certificate of health be first
approved by, one Director, ..and two persons holding not less
than two shares'eiteh, or two persons whose lives are assured for
a sum of not less than 5001. each.

That aft e expiration of the first seven years from the corn-
mencement of 'the Office, and afterwards at the expiration of
every five years, the assets and liabilities of the, Society shall be
ascertained, and such surplusage as may then appear, shall be
appropriated as follows, two thirds in making additions to
the claims 'of each persOn's policy rateably to its amount and
date ; the remaining one third to. be reserved as a guarantee un-
til the next period of valuation, when it shall again be consi-
dered as part of the surplus assets of the Society. •
That in the event of the AsSureci being at any time unable to
continue the annual paynients of his policy, his interest shall be
purchased by the Society at a fair valuation, or he shall receive
another policy for a sum to be payable at his death proportion-
ate to such value.

That if the Assured shall be in want of a temporary loan, the
same shall be granted to him not exceeding two thirds of,, the
then value'Of his policy,le paying an interest of 51. per cent.
per annum for-the same.

. ,
That after the expiration of the first seven years the Society
shall, fzein tiine to time, have the option of redeeming the ca-
pital subscribed, at a fair valuation.
A-deed of _settlement to be immediately prepared after the
appointment of the Directors, and under their direction ; and, if
necessary; an Act of Parliament obtained. '

Subscriptions will not be received before. the 22d day of Oc-
tober next, by which time Presidents, Vice Presidents, and the
.Trustees, prO 'tenwore, it is expected will be named ; in the
interim all communicatipns are requested to be. addressed to
Mr. JarneS Muleitou, Attcrney at Law, Quality-court, Chan-
cery-lane, Secretary to •6 The Metropolitan Law Society for
promoting faii and honourable practice, and preventing abuses
in the profession."—September 13, 1821. •