Star.
London, England, 1822-03-29 00:00:00

LATE NORWICH UNION SOCIETY.

Sit,
AN Advertisement issued by the Secretary of the
above Society, professes to draw a comparison between his
05ce and the COUNTY Fleas-Orricc. This shcwing does not appear
in the contrasted form, wherein the Public have been wed to make
the comparison,viz. On the one hand-Endless del:mimes! -Disputes
with everybody I—continual litigations ! —great distress! and on
the other, Fair dealing—unintereuptevl harmony—freedom from
even a single litigation—unexampled prosperity; but it advances as•
facts, things which have no existence; for example, it assert*
that the COUNTY makes " no returns to persons who may become
claimants for losses," in which there is not one word of truth ! It
also sets forth, a large amount of returns made to insurers in the
Ntwteich Union for seven years ! but the Society new advertised
under that name, has not been in existence Slam blosents It has
riot returned a shilling ! ! We learn from proceedings in Chan-
cery, yet pending between the members, that the Society called
the Norwich Unian, which used to make returns, was broken up
s'me months since through embarrassments, when, instead of the
members bang made acquainted with the deplor.ble state of
their affairs, an arrangement was made to keep up appearances,
as if nothing had happened, and to turn them over to another cwt.
c'rn, by substituting New Policies in place of their usual re-
newal Receipts. The New Concern is the" Old Norwich Fite-
(Alec !" (not the Union, but a Joint Stock Company) somewhat
altered in its plan, with the addition of as many Members of
tl-.e dismilved Society as can be brought over to join it. It would
he a waste of time to combat with the other attributes of the
departed Norwse. h• ?n, now so daringly attempted to be foisted
on the Puhlic as i enefits flowing from he present untried pnrject
—As EXPERIMENT UPON A TOTALLY DIFFERENT Penteirt.s!
!
Equally .uptifluous would it be to follow the Norwich Secretary
in his indiscreet comparison of the " Noawscn Maxneesswer
ae* that of the COUNTY FIRE-OFFICE. The Norwich
i.:inaz meat is a thing sai genera : but it may conduce to the In-
struction and the safety of the Public, to compare the thing with
ittelf—its asseverations in adrertisements with its confessions alles
brought to trial.
Extracts from former Adver- Extracts from the Repeat of
tisements of the Norwich their London Committee, In
Union. 1818.
1 f2o7.—', Through peculiar good Report, p. 58.--First period of
liffurie their Fires for the first seven years.
seven years did not amount to M Premiums £1,1911 11 1
! and they were there.
fore enabled to accumulate a Losses - 545 13 4
ftoidfur beyond the probability Expenses - 1,251 17 5
1.1 Loss. It hat returned to Commission 606 8 8
its members from 60 to 75 Secretary, &c. 4,862 14
per cent. on the Premiums
they deposited !!! and thus
secured them from loss at
about a fourth of the usual Balance at the end
expense !!!" of seven years 1,631 10 8
Profit per cent. 18i !"

7,566 13 5

1813.—(IIand Bills.)—" The Page 27.
inhabitants of this town and " Grand total
neighbourhood have now an of Receipts
opportunity of being insured for Premi-
et half the usual expense. The Inns -
Norwich Union ha.constantly Returns made
paid Dividends of 50 per cent. to Insurers 50,592 77"
to the insured."
1617.—" A surplus capital of Page
nearly 200,C001. deposited in " Grand Total I the Invested
the hands of 'rrustees which, Funds of the Society, March
with the septennial Receipts, 24th, 1818, not including Ba-
togei he r 4.'600,000, form the lances in the hands of the (re
capital !r! ears - - 27,521 !!!

404,677 1S 6

11t17.—" To prevent losses,and Page .59.—Paid for manage-
s() relieve wifurtisnate ST er_ meat in one year, 1817.
era, is the only expense which " Expenses - 8,391 710
the Public should sustain." Commission - 4,478 0 2
Stattary, &c. 03,500 0 0

19,367 B 0"
1621.—" The present yearly in- " The simple facts of the case
come of the society exceeds were these, that the Norseielt
£60,000, and is rapidly in. Union Society, INSTEAD or at-
crea.ing."--" The amount of no IN A IMOURISHING CONDI.
WWII years premium is al- xrui, WAS REDUCED TO A STA=
ways kept in bald as a fund or carat utstarss, Mot sew-
to answts losses."--(Furnier rot heavy tomes, and tome un-
advertisenicats). fortunatepeaces with some
of their hers, had induced
the Directors to DETzatents
RIISTONSIBILITY EY RV
TUaING TO CONTINUE rue POLI-
CIES."•—(COOrI of Chancery,
1822). ARO US.