Star.
London, England, 1824-07-30 00:00:00

AN ORIGINAL AND USEFUL WORK.

Now publishing, in Weekly Number, price Bd. Monthly Parts,Ss.
each, printed on demy quarto, and got •p In the kit style o:
workmanship,
THE MECHANIC'S ORACLE; or, Artisan's Com-
plete Laboratory and Workshop; explaining, in an easy and
familiar manner, the general and particular application of Practical
Knowledge to the different Departments of Science and Art. Il-
lustrate-I by appropriate Engravings, executed by the first Artists.
Edited by eminent Scientific Gentlemen of great mechanical talents,
who would rather the Public should judge of the work by ha own
merits than be influenced by the sanction of their names.
Sold by all Booksellers. Communications, Drawings, &c. &d-
-inned to the Editors of the Mechanic's Oracle, 38, Newsato.
street, will receive every attention.

AT %GENERAL MEETING of theSUB-
SCRIBERS to LLOYD'S, bud July 214 1224:
BENJAMIN SHAW, Esq. in the Maki
The following Resolutions were moved and carried unanimously:
1. Moved by John Mitchell. Re* seconded byV. F. Rivas, Esq.
That the Report of the Special Committee presented to the Ge-
actal Meeting,. held on the 7th inst. be approved.
t Moved by Robert Sheddon, Esq. seconded by Wm. Bell, Esq.
That underwriting, in partnership arms, akhough rendered legal,
is subject to the inconveniences stated In the Report of the Com-
mittee, and in particular is calculated to injure the Public by dimi-
aisbing the security of Insurance Contracts, and which, if practised
in Lloyd's may ultintateiy affect the respectability and character of
that establishment, and endanger the system of individual under-
writing. It is therefore the opinion of this /limning. that the most
effectual measures ought to be adopted by means of a new by-law,
to discourage such practice within these Rooms.
3. Moved by the Chairman, seconded by James Imes,
That the thanks of the Subscribers are due to the Right Hon.
the Earl of lauderdale, and the Right Hon. Lord Gifford, for pre-
senting Petitions to the Home of Lords on behalf of the private
Underwriters, and also the Merchants and Insurance Brokers, en-
gaged in affecting Marisa Insurances.
4 Moved by the Chairman, seconded by JohnWhitisinte. jellelte+
That this Meeting has the greatest satisfaction in acknowledging
the services of William Thompson, Req. M.P. as a Member of tbe
Select Committee, and also in his plus in Parliament, where be
zesiously and ably maintained the just claims of the Subscribers to
Lloyd's, and the real interests of commerce.
S. Moved by the Chairman, seconded by Wm. Pratt,jun. Zak
That the grateful acknowledgments of the Subscribers be offered
b Thomas Wilson. Esq. M.P. who presented one of the Pathless
to the House of Commons, for his manly defence of the Under.
writers against the calumnies with which they were assailed, for hie
able exposure of the injurious nature of the measure then under
consideration, and his unwearied opposition through all its stages in
the lower House of Parliament.
6. Moved by the Chairman, seconded by George Sadden, Esq.
That this Meeting acknowledges with pleasure the readiness
which Wm.Mancdng, Esq. M.P. undertook to present the first Pe-
titian of the private Underwriters, and the full and satisfactory
banner in which he supported the prayer of it in the Hosea of Coln-
am; as well as his candid avowal that a measure which be had
named during the war appeared to him under present circuits-
races unnecessary and dangerous to the Public.
7. Moved by the Chairman, seconded by George Brown, E4*
That the respectful thanks of the Subscribers be presented to Sh
(harks Forbes, Bart. Sir Francis M. Ommanney, Mr. Alderman
Wood, Alexander Robertson, Esq. Pascoe Greaten, Esq. Jelin
Pawner, Esq. and the other Members of the House of Consumme,
from a conviction of the injurious nature and teniscy elf tie
hides Insurance Bill afforded to the Underwriters their 41010.
lamed and enlightened protection, and have left an timpani. am
b its true character, which must operate to the adman. Ikr
this House.
S. Moved by the Chairman, seconded by John Robinson, Ifen.
That this Meeting, duly appreciating the great assistance derived
Ist the Special Committee from the professional talents et their
"diem. J. W. Freeldield, Esq. as also his unwearied zeal, sad een..'
Km lugedes to every object that could tend to acconsplish He
1111pase of their appointment, present him with their cordial irate,
annananied by a free right of admission to the Rooms of the Soh.
"hen, both for himself and his Son, J. W. Freshfield.
9. Moved by Thomas Wilson, Esq. M.P. seconded by David
Caruthers, Eimi.
. That the grateful thanks of this Meeting be presented to the
'Pedal Committee, for their arduous exertions under extraordinary
nd most discouraging circumstances, from which exertions the most
ossantatestis consequences will probably result to individual Under.
vnters, as well asthe Commercial Public in general, and the injurious
efects of the new law will be to a materiel extent counteracted.
O. Moved by Alexander Robertson, Fog. lI.P. seconded by
Lawrence Marshall, Esq.
That the Special Committee be requested to continue their ser-
!ices until the close of the next Session of Parliament, and that they
Is. empowered to adopt all such measures as may appear to them
a!lt.lat, ed to promote the interests of this House, in reference to
s War Jltect which occasioned their appointment.
11. Sloped by Thomas Wilson, Esq. M.P. seconded by William
„ 0 pson, Esq. M. P.
14.. the preceding Resolutions be published in the principal
Newspapers.
1:112. .'veil by Robert Dewar, Esq. setanadcd by Wm. Manning,
JI.P,
at the best thanks of this Meeting be given to the Chairmen,
‘or his active
and zealous services as Chairman of the Special
"14atilicel and for his conduct in the Chair this day.

CAPITAL TURN& MILLIONS,
to SIXTY vatottaatin swam Or /MT POUNDS SAM
Established under the Authority of as Act of Parliament, Jane 21,
1824.-office, 36, New Broad-street, London.
DIRICTOIIS.
Pima Moons. Esq. M.P. Chairman.
B. B. M. Baum. Esti M. P. Deputy Chairman.
Colonel Henry Curzon William Newman, Esq.
Nicholas Dennysi Esq. • Samuel Pare, Eaq
Lieut.-Gen. Sir Ratans Donklu, Colonel Painter, . f .P.
K.C.B. Nathaniel Win. Peach, Esq.
Miter James Jones Hon. William Powlett, M.P.
R. Lane, Esq. A. A. Suttees, Esq.
George Magnus, Esq. Colonel Talbot, M.P.
John Mendham, Esq. John Wilkin, Esq.
autaroas.
Henry Clarke, Esq. John Horlor, Esq.
Burtage Davenport Esq. is David M.Lean, Esq.
Timothy Fran Power, Esq.

wawa&
Sir William say, Bart. Price, Marryat, and Coleman;
Sir John Perring, Bart. Shaw, Barber, and Co.
SICAZTAIIT.-James Mitchell. Esq. A. M.
STAMING Coonsu..--Samuel Girdiettene, Esq.
Soucrroft—John Wilke, Jun. Esq.
Cossomne Sessuoiss--George Buckley Bolton, Esq. and William
Bevriqke Lynn, E‘ q.
Seavirroas—Joseph Gwllt, am. Edward I'anson, Esq. and James
Savage, Esq.
THIS COMPANY has been established under the
Authority of a special Act of Parliament and Deed of Set-
tlement, for the profitable Investment of Capital in the purchase of
Annuities, secured upon Freehold, Copyhold, and Leasehold Es-
tates, Money in the Government Funds, Parish bonds, Turnpike
Tolle, and other eligible Property.
The nature of annuities not being generally understood, it may be
degirable to enter somewhat into detail in the explanation of them.
An annuity is a sum of money annually paid by a person, who
is called the Grantor, to another person, who is denominated the
Grantee, in consideration of a sum of money paid by the latter to
the former, as the porcbase-money for the duty. This annual pay-
aunt Is made during the life of one or more individuals named by
the grantee, and on the extinction of the last life the annuity ceases.
Thus, A pays to B atll,ooo as the purchase of an annuity of £lOO
per annum, payable during the lives of C, D, and E. At the death
of the last survivor of these the annuity ceases ; but the purchase-
money is not thereby lost, since, in order to secure the return of
the A'l,ooo the grantee may insure that sum at a moderate pre-
mium In an Insurance Once. In this case Ais the grantee and B
is the grantor.
As to an investment of money in this way, although the Legisla-
ture has limited the rate of interest to Ave per cent. on mortgage,
and all ISMS for a fixed period, it has never attempted to regulate
the terms of annuities between the parties, but has simply passed
Acts to direct the enrolment of the deeds, and to secure the pay-
ments and the equitable protection of the rights of all concerned.
The substance of the Acts formerly passed on this subject is embo-
died in the Act 113 Geo. 111. e. 141, which has been further ex-
plained by the Act 3 Geo. IV. e. eit. Prior, however, to the former
of awe Acts being passed, many Insurance Companies obtained
private Acts for this purpose. Since that period all purchases of
amindtlee have been effected on the authority of the General An-
nuity Act.
By the law of the land, therefore, any sum whatever, which par-
ties choose to agree upon, may be legally secured foe any period de-
Mt%an the contingency of one, two, three, or any number of
the lost survivor of them. 1
_ _ _

tiring the last war, the usual annuity granted for the sum of
1,0001. was 100 L a-year, or ten per cent. and where, from the na-
ture of the security, It was dependent on the life of the grantor, as
much more was given as was sufficient to pay the annual premium
for the insurance of the sum advanced, at an Insurance Office. By
this mode, the person who advanced the money obtained an advan-
tageous return for its use, and was in no risk whatever of the loss
of his capital ; for if the annuity was paid off by the grantor, then
the grantee scalped his money back ; and if the grantor died with-
out paying it off. still the grantee received it at the office at which
it was insured.

Experience has proved to the monied interest, that annuities o
tingle lives, which can be insured, are highly profitable and advan-
tageous, as well as perfectly secure-to the grantees; but annuities
granted upon freehold and other perpetual securities, without the
es.• e of insurance, may be rendered equally, or even more profit-
▪ and be mach more moderate towards the grantor.
In sock came the annuities are usually granted to continue during
the lifetime of the last survivor of three or more persons. The lives
are selected by the individual purchasing the annuity, who natu-
rally chooses young persons of good constitution.
That this latter mode of investment is very profitable can be
clearly demonstrated, since it has been found by long and !marl.
ails experience, that although a single life is of very uncertain de.
Midas yet in the case of three or more welleelected lives, the es.
milky ceases, and an average hied period may be relied upon.
This period is generally not less than 60 leers, but let it he
alemeed to be only 56; by referring to tables of compound name
liana he seen that it. per annum, implored at 6 per cent. will
mum* in 56 years to 6674 16e. Hid. and therefore U. 10s. pet
swum, regularly paid and improved at that rate, will in the ammo
Ikea anDOUnt to 1,0051. 14% iled.lt I,OOOL be lent at 6 per cent.'
htlensit,the individual who makes the loan obtains SOL a-year, and
when the loan is repaid he receives back his 1,0001. bet if another
penon lay oat 1,0001. in the purchase of an smoky of 531.105. per
amons; payable for 56 years, be will have an equal advantage, for
Übe lay by 31.105. a-year to accumulate at compound interest, it
will, se has been already seen, in 56 years, more than replace the
I,OOOL imested.
If, Iheedere, a portion of the annuity be laid aside to form en
atemselatiog fund adequate to replace the capital by the end of the
,__. expiration of the annuity, the remainder may be con-
siders,. as the sum given for the use of the mosey. Besides this
aSeaslese, as the annuities are frequently paid of. the whole sum
laid aside as an accumulating fund, at the paying of forms an add.
ticsalsource of profit, by adding to the amount of the original capital.
Bat if, instead of receiving an annuity of 531. 10e. far 1,0001.
and none are granted so low, be receive 1001. per annum, then it is
evident that not only at the expiration of se years he will obtain
back his 1,0001. but every year be will immediately derive as ads
vantage of 461. 10s. per annum, which he can obtain only by this
mode of investment.
It may, however, be inquired kg use psmine, doubt lull.
'ideals prefer to raise matey ffids eisthed es ON maeiss
report, which, whilst it is to en 1111011 m, inset
only he borders's, to the lbwsP 'lie di wain it fe
'..there are amok and leigulam reasons, ha etldlrel to eke
mesejailiter cent. for any gives Midi se
ties774id=binuty of end** kegs
held slid espybeld asitrarynablic both=
raising Mem, by way sineleity. FeezalAsif a
wise sem, by meeteelle. be cal* seam *NW
beim eaned epos is repay it far mere els nasedes eeiras
dm perdsslar eiremmusem—as for inisice, from its WV trill{
mseey. He is therefore plated at the mercy and taping of tin
lender. The mosey he was of course in waft of, or be wadi*
have borrowed it, and it nue be dank in so short a tints es tie
months to repay k. It may have been expended in the inspnree-,
agent of his estate, se im sock a spaded= that k may be a very
unintoorshile time to adi his wuoe,ty When he VOW far a
fresh lean be is subjected to moml difealty anti sespitise, ewe
from the cirannstance el his estate being skeady nsertgepd for the
very stun be is called ipso to pay di Hence it may be impos-
sible to obtain the mosey. and be offers the eonsequeseter which
are net sefrequeetly Isle er foreclosure. Bat in the case of rub.
log mosey by granting annuities it is ditheent ; for so law as the
Grantor continues to pay the amity pasted, be cam* be called
upon to pay ratite perches, mosey, although he way do so wiles he
finds it convenient, upon giving a short notice, or paying a small dew
Proprietors of Leasehold Property are, for like reasons, induced
to prefer raising money by annuity to mortgage; and it also Ika
quentiy occurs that they are unable to obtain money by
at all, although the duration of their interest in the preneillia=
amply sufficient for securing the payment of the enmities they are
willing to grant. •
Proprietors of Shares its Beads, Casale, Bridge, and ether Pub-
lic Works of this nature, when they may deem it an nefseshnbla
dies to tosil, an able to girt esod enmity ha an advance of Mosey

Parishes are unable to raise money by mortgage, because they
cannot give a power of sale, and can only grant a security on the
rates from time to time as they come hi. It is also deemed inequ;-1
table to lay the whole burden of defraying the expense of a church
or other public object, the benefit of which is to extend over a long
Periods upon the present inhabitants. They therefore raise money
by annuity; and almost every local Act of Parliament directs or
recognises this mode of obtaining money by parishes.
The Proprietors of unincumbered but entailed 'Estates cannot
raise money by mortgage, as they have only a life interest in the
property. It is frequently impossible to cut off the entail, and
sometimes a proprietor does not desire to do so ; hence, when money
is raised, it Must be by way of anduity ; and such an annuity is
granted as will remunerate for the use of the money, and pay the
premium for the insurance of the life.
In Scotland a large proportion of the land is entailed, and the
entail bring perpetual, it cannot be cat off by any means. In that
part of the United Kingdom all securities on land are registered,
and take priority in the order in which they are registered; and the
system- of registering is universal throughout the country, and is re-
duced to such a degree of sipaplicity, that it may at once be seen it
any and what sums of moistly have been raised on the security of an
estate. Such securities are therefore very desirable, andthe Bri-
thlt Annuity Company has already had applications from Scotland
for money to a very considerable amount.
AU persons deriving an Income for life or for lives, secured on
land, by marriage sculement, attachable .peusiens front Govern.
ment, money in the Funds, or other good securities depending on
life. must, from the nature of such securities, when they rake flirt.
ney, do it by way of annuity. As in such cau-s insurance is re-
quired, the parties raking the money must grant an annuity to such
an amount as wiltinsure the n.oney advanced, and yield a rennin..
ration for its use.
Good Irish Securities will also meet with the consideration of
the British Annuity Company, wherever they are off-Ted in undis-
turbed and mercantile districts ; and the Proprietors will now have
the opportunity, by means of this Company, of obtaining money on
their estates, which they have hitherto been unable to procure, and
at low rates of interest yet unknown in the sister kingdom.
To prevent unnecessary trouble to applicants, it is proper to state,
that this Company does not advance money in purchase of annuities
on mere personal security, but only of annuities secured on property.
It is therefore the opinion of the Directors of this Company,
founded on investigation and evidence obtained from public ream*,
as well as the best possible sources of private Information, that the
Company will be enabled to invest the whole of its capital, and to
divide annually at least from 6 to 7 per cent. besides leaving a fund
for contingencies. For many years there have been annually ef-
fected and enrolled in London, on an average, 1500 annuities, be.
sides those secured on freehold property and copyhold estates of
larger annual value than the annuities granted, and exclusive sf
annuities granted on land and other property in Scotland and Inn
land. The sum so invested in the purchase of annuities within the
last three years, and enrolled in London, has been from three mil.
lions and a half four millions sterling.
During this period, which has been a time of peace, the rate per,
cent. obtained, after defraying Insurance where necessary, has bee•
from 7 to 13 per cent. according to the nature of the securities; mil
it is therefore confidently anticipated, that a great public Collerelly,
transacting Its business on equitable term", will have such numerals
offers as to enable it to select the most undeniable securities, and tet
improve its capital more advantageously than can possibly be done
by any private individuals.
That the public wants strongly called for the establishment of
such a Company as the present, is evidenced from the immense
amount of business transacted in this way for many years past by
private agents.
There can, therefore, be no doubt that this Company, governed
by fixed principles, will obtain the preference, and be able adore-
tageoudy to invest any amount of capital. Persons possessed at
good securities may now fairly calculator's jest and liberal eoadnet,
and au immediate advance of money as moo as the securities have
been approved of by the Directois and professional advisers of the
Company. This will prevent any unpleasant publicity to the trans-
action, incurred by application to private agents, who are under the
necessity of offering the securities to numerous individuals, who
aga
in discuss them with their advisers, in order to find persons to
the sum required. By applying to a Board of Directors,
the transaction is made known to no persons, but confidentially;
and only to them and their officers.
Money, by this Institution, will be also advanced at a more mo-
derate rate, and the Grantors will be exempted from vexatious and
exorbitant charges of every description.
To the Proprietors of this Company, the Investments which they
have made cannot tall of becoming advantageous. In the first
place, it must be admitted that there is a greater advantage in in-
vesting money in annuities than in the public funds, in consequence
of the present high price of the Stocks. The Three per Cents. are
now not far from £lOO in the market ; and yet it is only eight years
ago that they were about £6O; and in the event of a war, or of
any other unfavourable political contingency, the Stocks may ra-
piailo £6O again. A person, therefore, who now buys into
the Funds, will not only obtain a very low interest for his capital,
but is subjected to the hazard of a loss of from 50 to 40 per cent.
out his investment. This risk is avoided by investing in Annuities;
for whether they be paid off by the Grantee,or whether he die and
the money be received from the Insurance Office, the fall original
capital is replaced.
A person having a few hundred pounds, which he wishes to in-
vest in Annuities, will do it to the best advantage by taking 'Sham
in a Public Company, as be cannot have such a competent know-
ledge of the business as to be able to decide on the eligibility of the
securities which may be offered to him. The best are frequently
foe large sums • and the benefit of these cannot be obtained, but
by taking a Share in a Company which is able to advance the
money required.
To persons of large property it is also more advantageous to in-
vest by the purchase of Shares, than in purchasing Annuities
granted to themselves; for a Board of Directors, habitually en-
gaged in the consideration of Securities, must necessarily, from
their experience, be able to judge of those offered them better than
any individual. They have also the benefit of employing prase.'
nodal men, who have bad much experience, and whose attention is
exclusively devoted to this particular branch of business. If, alley
it should on any occasion occur, that a security did not prove so
good as was expected, the ines,beineemsally divided amongst a nu.
memos Proprietary, would be little felt by any one, and would be
anltyjecompensed by the Profit en the other securities.c
la also a convenience in holding Shares in a Public Com-
pany Investing on Annuities, which cannot be enjoyed by an indi-
vidual laying out his money on Annuities granted to hinuelf, viz.
that when be has occasion for a sum of money, he has only to
bring as many of his Shares to market as he may require, and sell
them with the same facility as any other Stock. This he could not
readily do with au Annuity, or part of an Annuity granted to him-
ergs and certainly sot without considerable delay, expense, investi-
gation, and actual loss. The selling of Shares, on the other hand,
is a parkaly simple transaction, and they are at any time readily
coovenible into en&
A Proprietor disposing of his Shares may reasonably xpect to
do so at a Premium, from their securing him regularly a good di-1
vidend ; whilst an individual could not in any ease expect a Pre.
mime on an Annuity granted to himself; as it is always liable to be
paid off for the original sum invested, and there cannot be a cer-
tainty of immediately finding a new investment. But Capital in a
Public Company. which will naturally have numerous applications,
may be kept in constant operation.
• seso share will consequently be estimated by the Purchaser,
net Inerely at aGEO, but as a security bringing in an Annual Divi-
dend irons £3 to £5 10s. and the value set upon it will be in pro-
portion. Hence, the price of suck Shares will naturally rise in the
same manner as the Shares of other Public Companies which
realise a similar advantage.
The Proprietor's Private Property in the British Annuity Cora-
-1 parry will ant be exposed to any liabilities, as is the case in almost all
the Joint Stock Companies. This arises from the nature of its
operations.
There are only two ways by which Proprietors incur liability...-
Ist. to the directors; Yd. to the Public. Liability to the Direc-
tors is guarded against by the conditions on which the Company is
formed and embodied in its deed of settlement. Liability to the
!Nab& is avoided by the nature attic Institution Itself. Purchasing
'nankin, as already explained, is merely laying out money so as to
bring in a larger return than by the ordinary tootle of loans.
By the Acts of Pediment regulating the Purchase of Annuities,
it le required that when the transaction is completed, and the deeds

signed, the whole purchase-money, even to the last farthing, shall
be paid down to the grantor.
As investment of capital in making purchases is the ctely trans-
action which the Directors can legally effect, there Is no way by
which they can contract any debts to subject their own property,
and that of their Co-shareholders, to any liability, excepting for the
rent of offices, salaries, and other contingent expenses of rnana.,•:-.
mem. The 3e must always bear so small a proportion to even the
annual income of the Company, that they cannot affect the capital,
much less involve any of the private property of the shareholders.
The expenses of effecting money transactions in the form of annui-
ties, as well as in the form of mortgage, are defrayed by the party
raising the money. Hence the British Annuity Company will have
no charges to pay to Surveyors, nor to the Solicitor and Counsel,
for investigation of the title, and making out the deeds..
As to the constitution of the Company, its affairs are governed
by eighteen Directors ; and as the present Court is reduced in num-
ber by death, resignation, disqualifications, or other causes, new
ones will be elected by the Proprietors. Five Auditors, from the
great hotly of Proprietors, are also elected by theM• and as any of
the present number die, resign, or become disqualified, the vacancy
will be suppli-d. As to the calls which will be made for future in-
stalmentsi whilst they will be made as frequently u the demands
of the Public, and consequently the prosperity of the Company re-
quire, yet the convenience of the Proprietors will be consulted, not
only as to the amount, but also the periods of payment. How-
ever it cannot be ton distinctly enforced on the Proprietors of this
Company, that whilst in Insurance Companies their prosperity is
indicated by only one call being made of a small amount, in this
Company its prosperity will be best evidenced by the directly op-
posite effect ; since, in proportion to the demands of the Public for
money will be the amount of income • and if that amount be
large, and the Income proportionate thereto, the dividend to the
shareholders will be greater, because the expense of the lostitntion
will be nearly stationary.
To the Public this Institution will, it is hoped, be of considerable
advantage. When a person who possesses an estate or property in
any part of the United Kingdom desires to obtain an advance thereon
by way of annuity, Instead of being obliged to travel to London,
perhaps front a distant part of the country, at considerable inconve-
nience, he will merely have to send to the Secretary of this Com-
pany for a printed form, which will be supplied gratuitously, indi-
cating the nature of the property, the sum required, and such other
particulars as will enable the Court of Directors to consider and de-
termine on the business. If the general nature of the security be
approved, the Surveyors of the Company will then be deputed to
survey the property, provided the security offered be of such a na-
ture as to require it, and the expense of the survey will be borne by
the person applying for the advance. If the report of the Surveyors
be satisfactory to the Directors, they will then notify their satisfac-
tion to the applicant, and the abstracts of his title must be forwarded
to the Solicitor of the Company, who, with the Standing Counsel,
will investigate the same. If the title be good, the deed will be pre;
pared, and the affair completed with certainty and expedition ; but
if the title be bad, then the expense of the Investigation must, as
usual, be borne by the proposed grantor.
By this simple and intelligible process no unnecessary delay will
take place;—the Shareholders will be protected from all charges
which they ought not to sustain—and the Public will be benefited
by an advantageous and speedy supply of capital on eligible terms.
As the business proposed to be transacted by this Institution must
frequently come through the hands of Solicitors, pointed forms
will be supplied at the Office, and the Directors will be happy to re-
ceive proposals to any amount, and will at all times afford every ex-
planation and assistance requered.
JAMES MITCHELL, Secretary.
36, New Broad-street, London, July he, 1844.

ON SALE,
SHARES in the Wilts and Berk, Monmouth, Dndley,
Grand Junction, Huddersfield, Rochdale, Loughborough, Mel-
ton Mowbray, Leicester, Leicester and Northampton, Thames and
Medway, Grand SurrerZfano: Union, Portsmouth and Arundel,
Ellesmere, Leeds and I, and Regent's Canals.
London, East and West ndla, and Commercial Dock Stock.
Severn and Wye Canal and Railway Shares.
Grand Junction Water Works.
Guardian Insurance Shares.
Chartered, City of London, and Imperial Gas Light Shares.
Apply to EDMONDS and WOLFE,
No. 9, 'Change-alley, Corolla