The Sun.
London, England, 1845-07-31 00:00:00

INSURANCE

(Provisionally Registered.)

DRAPEItS'

FIRE
COMPANY.

Head Office, Manchester.
Capital, 500,0001., in 10,000 Shares of 501. each.
Deposit, ss. per Share, as limited by the Act 7 and 8 Vic., c. 10.
PROMOTERS.
Henry Bannerman, Esq., York-street, Manchester
Robert Chadwick, Esq. (Messrs. J. and N. Philips and CO.)
Edward Westhead, Esq., Piccadilly, Manchester
George Horsefleld, Esq., George-street, Manchester
John Rylands, Esq., New High-street, Manchester
Uriah R. Cooke, Esq. (Messrs. Wellsi Cooke, and Potter)
Daniel Lee, Esq. (Messrs. Wright and Lee)
William Hill, Esq. (Messrs. Smith, Hill, and Co.)
Edmund Coston, Esq. (Messrs. Todd and Coston)
Edward Jackson, Esq., York-street, Manchester
James Carlton, Esq., Mosley-street, Manchester
William R. Callender, Esq., Mosley-street, Manchester
Samuel Watts, Esq., Fountain-street, Manchester
Thomas Simpson, Esq., Piccadilly, Manchester
George Nelson, Esq., George-street, Manchester
William Morcon, Esq. (Messrs. James Brown and Co.)
John Allen, Esq. (Messrs. William Allen and Co.)
William Hobday, Esq. (Messrs. Oughton, Hobday, and Roberts)
James Gibb, Esq., Mosley-street, Manchester
Edward Bond, Esq. (Messrs. Holt, Bond, and Holt)
James Milne, Esq. (Messrs. Kendal, Milne, and Co.)
Thomas Parsons, Esq. (Messrs. Farmer, Cheshire, and Parsons)
Alexander Morris, Esq., St. Ann's square, Manchester
Joseph Watts, Esq., Deansgate, Manchester
Edward Blane, Esq., Deansgate, Manchester.
(With power to add to their number.)

. .
This Company is originated on data supplied by official returns,
obtained from a majority of the leading cities and towns in the king-
dom, exhibiting an almost nominal risk in drapers' establishments,
and is based upon the principle of excluding all extra hazardous
risks ; but power is intended to be vested in the Directors to accept
(if they think proper) applications for general insurances, where the
risks can be clearly shown not to exceed that of a general draper's es-
blishment.
The effect of a preliminary canvass has been to obtain large pro-
mises of support in different districts, both by intended insurances
and subscription for shares. It is believed, also, that (rejecting all
extra risks) the Directors will be in a condition to materially reduce
the premiums payable for insurances.
A small portion only of the capital is intended to be called for, and
the proprietors are to be entitled to interest on the same, and to one-
third of the clear profits; one-third being also retained to consti-
tute a sinking fund, and one-third distributed in bonuses amongst the
assured.:
The liability of the shareholders to be effectually limited is the
amount of their subscription to the Company, the usual protective
clause being inserted in all policies issued.

It is intended to give a preference in the allotment of shares to
parties interested in the drapery business, and an early day is ap-
pointed for the allotment.
All applications to be made in the under-mentioned form, and ad-
dressed to Messrs. Sale and Worthington, solicitors, 90, Fountain-
street ; or to Messrs. Duffield, Lofthouse, and Whitworth, accountants,
12, Princes-street, Manchester.

FORM OF APPLICATION.
To the Promoters of the Drapers' Fire Insurance Company.