Star.
London, England, 1824-08-12 00:00:00

BRITISH ANNUITY COMPANY,
FOR THE PURCHASE OF ANNUITIES SECURED ON
PROPERTY IN GREAT BRITAIN AND IRELAND.
CAPITAL THUM MILLIONs,
IN WATT THOUSAND SHAKES Or PUTT POUNDS RAM

Established under the Authority of as Act of Parliament, June 21,
1824.—Office, 36, New Broad-strett, London.
mascroar.
Prrza Moons. Esq. M.P. dhairme..
S. B. M. Baaaitrr, Esq. M.P. Deputy Chairman.
Nicholas Denny*, F.aq. Samuel Page, Esq.
Lieut.-Gen. Sir Butane Doubt's, Colonel Palmer, MW.
K.C.B. Nathaniel Wm. Peach, Esq.
Major James Jones Hon. William Powlett, M.P.
R. Lane, Esq. A. A. Sorters, Esq.
George Magnus, Esq. Colonel' arbt , M.P.
John Mendham, Esq. John Main, Esq.
William Newman, Esq.

AUDITORS.
Henry Clarke, Esq. I John Honor, Esq.
Burnse Davenport, El. uavid miL,ll4 Esq.
Timothy &AWN Power, Esq.

BANIUMS.
Sir William Kay, Bart. Price, Marryat, and Coleman;
Sir John Perring, Bart. Shaw, Barber, and Co.
Secaersar—James Mitchell, Esq. A. M.
STANDING COUNSIL—SamueI Girdlestione, Esq.
Sortaroa—John Willis, Jun. Esq.
CONSULTING Suaoross—George Buckley Bolton, Esq. and
Bewicke Lynn, Esq.
Suaysrom—Joseph Gwilt, Esq. Edward l'anon, Esq. and James
Savage, Beg.
Tins COMPANY has been established under the
Authority of a special Act of Parliament and Deed of Set-
tlement, for the proutatdc investment of Capital in the purchase of
Annuitiei, secured upon freehold, CopyhOld and Leasehold Es-
gates, Alone), in the Government Funds, Parish Bonds, Turnpike
Toll's and• other eligible Prbperty.
The suture of annuities not being generally understood, it may be
desirable 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 depotniqated the
Grantee, inconsideration of a sum of money paid by the latter to
the fcirritcti as the purchase-money for the duty. This annual pay-
went is made during the life of one or more Individuals aimed by
the srantie, and on tisi extinction of the last life the annuity ceases.
Atm, A haystO B At;Obb as the purchase of an annuity of Alb&
per annum, payable during the lives of C, D, and E At the dnatli,
of the last survivor of these the asininity ceases ; but the persdifile.
money is nor thereby lost, since, in order to secure the retain of
the £l,OOO the grantee may insure that sum at a moderate prur.
alum in an Insgrince Ofßce. la this case &is the grantee and B
is the grantor.
As to an investment of money in this way, although the Leg*.
sure has limited the rate of interest to five per genii on incirtgagey
anti all loans fora fixed perrad, it has newer atgaslcal redulaCo
'the terms of annuities between the pasties. but has pimply passed
Arks to direct the enrolment of the deal% Mid to 'IOW, the pa
;ascots acrd the equitable protection of the 44tta of all concet •
iThe substance 94 the Am inctiefir PaewSl• 00 ais subject. 4-e4l*
cited in'tbe Act 4,4 Gas% ILL a. lit./
_WA b 44 11/04
plailw4 by the Act * GNI). tst. G. 90. ;Mors /slower, to lbe
of those Acts being passed, litany lalitaa94 4.p ilte o
private Acts for this row. 64ate sitat•peßiost
aunaittes have Lem termed oh glko **Fie' RI *V.,I
nuity'AGlO
By the law qt le ►thaetere, aqSM grist