The Sun.
London, England, 1842-01-14 00:00:00

Shares. Amount Price per! Profits per
paid up. Share. Share.
:Per Cent.
Sun Life Office
Union 200 20 160 700
National
Law lOO 10 30 , 205
Legal and General
Provident lOO 10 20 i 100
Average Profits of Investments in the above Offices,. £256 per

The principles up on which the business of this ofl ice is con-
ducted, is to afford temporary Loans to persons asst ►ring their
lives with the Company, upon terms calculated with reference
to the amount of the Assurance effected, and the nal ure of the
security offered for their repayment. This mode of employing
the capital of the Association, is the adoption of means for
augmenting the number of lives assuresi, and of greatly in-
creasing the profits beyond those of a Life Assuranc e Company
only. And this will be found one of the must valuable prin-
ciples of Assurance, on account of its capability of being ap-
plied immediately and permanently to the benefit of the As-
sured himself, whilst living, as well as to others after decease.
Individuals possessing real or personal property, Officers in
the Army or Navy, Clergymen, Professional men, :Merchants,
Tradesmen, and persons of respectability and character, may, if
assured with this Association, obtain advances for pe rinds very
ing from Three Months to any other agreed period, in amounts
of 501. and upwards, upon either real or personal se.:.urity, to be
approved of by the f)irectors, including the security of Policies
effected by parties with this Association, according to their
value at the time of the Loan.

The Directors ark! persuaded that by combining confidence
with caution, and ca trying fairly and liberally into effect this
comprehensive systei nof Loan in connexion with Life Assur-
ance, they will not only consult the permanent prosperity of
the Association, but at the same time rentler- the Institution
signally beneficial to the great mass of the community.
Having thus preinised the General objects of the Associa-
tion, it is necessary briefly to state,
THE REGULATIONS OF THE COMPANY.

A Deed of Settle; nent will be forthwith prepared for reght
lating the affairs of the Association, and for limiting the re-
sponsibility of the S'aareholder, until either an Act of Parlia-
ment or a Charter may be obtained ; such Deed to be settled
and approved by Counsel.
The Capital of the Association shall consist of Five Hundred
Thousand Pounds, divided into 20,000 Shares, of 251. each.
The Deposit is 21. IC is. per Share; which, it is expected, will
be sufficient to obviat e the necessity of any further call ; and
Interest at the rate o f Five per Cent. per Annum will be al-
lowed upon all Depos its from the time of payment into the
Bank of the Associat ion. •
The Accounts shall be audited yearly.
The original Dire actors and Auditors shall remain in office
five years ; after which time Three Directors and one Auditor
will retire annually ; but will be eligible for re-election. Any
vacancy which may occur in the interim, either among the
Directors or Auditors, will be filled up by the remaining
Directors.

A Special General Meeting of Proprietors shall be convened
by public Advertisement in the month of July, 1847, and
afterwards annually, t. 3 receive a Report of the progress of the
business of the Cumpa;ny, and an account of such other matters
as the Directors may d eem it proper to submit to them.
The Qualification of Voting by Proprietors at every Special