Star.
London, England, 1822-04-09 00:00:00

NORWICH UNION FIRE OFFICE.

CERTAIN anonymous Letters and odor Publica-
tions having been lately inserted in the Newspapers of this
Kingdom, which are intended to injure the Nowwscrt UNION
Fray IMORANCT. Soewsr, the Board of Directors have deter-
mined to lay before the Public a plain statement of the change
which has taken place in the principle of the Society, in addi-
tion to that general information which they have already given
through their Agents, as well as by means of Advertisements
and by Circulars.
The principle of the Norwich Union Fire Office was for many
years that of mutual guarantee amongst the P.rties insured, and
although the Concern might have continued longer upon that
principle, it was liable to difficulties from having no fixed Ca-1
pital ; the Directors felt this objection, and were glad to embrace
lan opportunity that lately offered of fortifying the Society against
great and extraordinary losses, by a large subscribed Capital.—
As the Premiums in hand at the time this change was effected
belonged exclusively to the Insured, they were not mixed with
the new Subscriptions, and are now in a course of repayment to
the parties insured, agreeably to the provisions of the former
Constitution of the Society. The Subscription now entered into
by an opulent Proprietory, amounts to £550,000, and the ad-
vantages reserved to the parties insured, under the new Con-
stitution are these—
-

I. That they are free from all risk or responsibility for each
others losses.

11. That they receive back three parts out of five of the sur-
plus Premiums and Savings of the Society.
111. That this Return is made at the end of Three Years, and
is not withheld from persons who remain insured only for one
or two years, nor from those who have had claims for losses.
This is the general outline of the Principle, and with regard
to the Plan, there are Boards of Man-gement in London, Edin-
burgh, and Dublin, and Local Committees in other Cities and
Towns throughout the United Kingdom, appointed for the pur-
pose of assisting the Directors in the prompt investigation and
settlement of claims for lone&
The Agents of the Establishment were instructed to take every
means of expkining the alterations which had been made in the
principle of the Society, and the most unequivocal testimonies of
their being cordially approved by the Insured, were soon re-
ceived from all parts of the Kingdom.
A feeble attempt to prevent the new principle from being acted
upon, was made by four individuals in London, who 'applied to
the Court of Chancery for an Injunction against the Directors,
on the ground that they had misapplied the funds and property
of the insured, but this charge being unsupported by any
evi-
dence, and completely disproved on oath, the Lord Chancellor
dismissed the application with costs; at the same time observing,
that be was quite sure the addition of a Capital of "..550,000,
.must be a prodigious improvement.
The Board of Directors of the Norwich Union Fire In-
surance Society have only tb add, that they are desirous the
Public should know the whole of their proceedings, as regards
the management and general conduct of this Establishment, that
they court every inquiry, and are open to every investigation. •
Disposed as they are to act with a liberal and friendly feeling
towards other Offices, they lament to observe that one Fire
Office (the County) has lately departed from that fair and liberal
course which should mark the conduct of an public bodies.
In proof of the general confidence placed in the Norwich
Union Fire Insurance Society, the Board of Directors refer the
Public to the annexed statement of Duties:
For the Year 1820, £41,554 3 9
For the Year 1821, 56,625 9 3
FOr the lax Quarter, 18,470 IS 4
(Signed) JEREMIAH IVES, President.
JOHN BROWNE, Vise-President.
EDWARD 'I. BOOTH,
THOMAS S. DAT.
HAMMOND FISK.
JOHN HARVEY.
WILLIAM HERRING.
JOHN S. I'ATTICION.
J. W.
Beard-Room, SIMPSOV.
April 11,18111. ) SA M WiL STONE.

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TOME INS, EAT Historical Engraver to hrr late Majesty,
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THE BRITISH BOTANIST; or, A Familiar
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