The Sun.
London, England, 1842-07-04 00:00:00

ALL ADVE/MxsEmENTs op A DISGUSTING. CHARACTER, OR IMMORAL' T2-21.7DITECY, ARE

LONDON, 'EDINBURGH, Ind DUBLIN
LIFE ASSURANCE COQ 'ANY,
No. 3, CHARLOTTE-ROW, 'MANSION HOUSE, and
55, CHANCERY-LANE, LONDON.
DIRECTORS.

KENNETT KINGSFORD, Esq., Sayage-gardem, Chairman
BENJAMIN IFILL, Esq., Welbeck-strea, Deputy-Chairman
Alexander Anderson, Esq., York-plane, I'ortman-square
John Atkins, Esq., WhiteHart.t,our; Lombard-street.
James Bidden, Esq., Spread Eagle-murt
Captain F Brandreth, Scots' Fusilier Guards
James Hartley, Esq., Mecklenburgh-square
John M'Guffie, Esq., Osnaburgh-strect
John Maclean Lee, Esq.' Seething-Kns
J. Marmaduke Rosseter, Esq„ Kennington-terrace
AUDITORS.
H. H. Cannan, Esq., Finsb -..y-square
Robert E. Alissn, Esq., Co:nhill

,
MEDICAL ADVlSER—Marshall Hall, F.R. S., L. and E.
SECRETARY—F. Edgell, Esq.

SOLICITORS—Messrs. Palmer, France, & Palmer,Redford-row.
IMPORTANT AND SALUTARY IMPROVEMENTS
have been introduced into the practice of Life Assurance by
this Company, and the following are sou_ of its distinguishing
and important features, which have b ,en introduced after
mature deliberation. They will be most conveniently pointed
out by referring to Policies, as divided into two great (lasses
—FAMILY PROVISION POLICIES, and MONEY
TRANSACTION POLICIES.

FAMILY PROVISION POLIMS. In the well-
founded belief that Life Assurance business is profitable, per-
sons making provisions for their familiar; and contemplating a
long duration of time between the date of the Policy and the
claim to arise under it, generally prefer Assurances which may
carry with them a right to participate in the profits to be re-
alised by the Company during the currency of their Policies.
By the Deed of Constitution of this Cu:tipany, the participa-
ting A scored are entitled to tho Whole of 'he Mutual Profits, as
if they had been Assured in a purel- Mutual Society ; and
they have, at the same time, the securii:, not only of the funds
of the Company, arising from the accumulated premiums, but
also the proprietary funds and subscribe.] capital of the Com-
pany. To the Shareholders aie alloted oNrx those profits
which are realised by the investment of Cieir own paid capital,
and from the excess of the
_premiums derived from the nor,-
participating Assurances. This mode of Division and Profits,
so advantageous to the Assured of the Participating Class, is
adopted only by this Company.
MONEY TRANSACTION POL 'IES.—An acquain-
tacce with the records of the Courts of LW and Equity, proves
that considerable changes were required in the practice and
rules of Life Offices, to render this class of Policies
valid and unimpeachable documents of security, which no
foreseen circumstances or future accide.its could invalidate.
This Company has endeavoured, and tney think successfully,
to render their Policies as indefeasibi. and negotiable secu-
rities as possible, consistently with a duo ”Pgard to the safety of
the contracting parties; and to effect this object, the Company
has introduced the following clause into their Deed of Settle-
ment :

Clause 78.—" That every Policy issred by the Company
shall be indefeasible and indisputable, and the fact of the
issuing of the same shall be conclusive evidence of its validity,
and it shall nut be lawful for the Company to delay payment
of the money assured thereby, on the grand of any error, mis-
take, or omission, however important, made by hr on the part
of the person or persons effecting the same, and that on the
contrary, the amount receivable under the same shall be paid
at the time stipulated by the Policy, to the person entitled
thereto, as if no such error, mistake, or omission had been made
or discovered, unless the Policy shah have been obtained by
fraudulent misrepresentation.
In order to provide against the defeat of a Policy in the
hands of a Creditor, by the. Debtor, whose Life is Assured,
leaving the f!ountry, and going beyond the prescribed limits,
the Company grant what they term WROLE WORLD PO..
LICIES, whereby, on condition of receiving an extra premium,
varying in amount according to the circumstances of the case,
but fixed and determined at the time of issuing the Policy,
the Debtor, on whose Life an Assurauca has been effected, is
entitled to go te, or resit in any part of the world, without in-
validating the Assurance; by which means the Creditor's
claim is rendered certain. _ .

-.-....
INTEREST IN POLICIES.—The o'dinary rule is, that
if a Creditor be paid his debt before the policy becomes a
claim, he loses the benefit of his Policy, and the premiums
paid become forfeited—this Company repudiates all such un-
fair advantages.
To enable a party to effect an Assurance at the LEAST
POSSIBLE EXPENSE, and to entitle him to discontinue it
at a less sacrifice than by any other plan, a seven years' Half-
premium system has been introduced., and, upon comparing
the following scale with any other which has been devised for
reducing present payments, it will be seen how much more
economically a loan trarrartion can be fortified by this kind
'of policy than by any other. The Half•premium system pos-
sesses a further advantage over temporary Assurances, or those
for a Term of Years, from the Assured having the option of
continuing for Life the Policy which he may have procured for
a mere temporary purpose.

Age.

£. s. d.

SALES BY AUCTION.

The SITE for the NEW TOWN, VILLAS, &c.

At the Grand Railway Station at SLOUGH, near Eton and

Windsor, combining all the advantages of a dry rich soil,
delightful air, excellent water, and surrounded by roads and
scenery equal to any in the kingdom.•

IVIESSRS. DANIELSMITII and SON beg to
announce to Capitalists, spirited Builders, and any one
desirous of securing a Site ,for a Residence, in one of the most
favoured spots now within 35 minutes' journey of London, that
they have been commissioned to bring to SALE by AUCTION,
in divers Lots, some time in July (unless acceptable offers shall be
previously made by Private Contract),

The first portion of an Invaluable TRACT of FREEHOLD
BUILDING GROUND, close to the Great Western Railway
Station at Slough, a spot which, from its constant and expeditious
communication with the metropolis, its contiguity to Eton and
Windsor, the River Thames, the beautiful scenery of the Royal
Parks and Forests, combined with excellent roads and numerous
picturesque rural drives in the immediate neighbourhood, must
become a place of importance.
It is in a delightfully fine, elevated, and healthy part of the
county, in the centre of the Royal Hunt, presenting to gentlemen,
whose avocations require their frequent attendance in London, un.
equalled advantages of retirement and enjoyment.
Plans are preparing, and may be inspected at their Offices, in
Waterloo-place, Pall-mall, and Windsor, where descriptive parti-
culars will be ready in due time; and also to be had at the Hotels
at Slough, Salthill, Uxbridge, &c., and at the Auction Mart.