The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1838-08-14 00:00:00

DIRECTORS:

. Colonel HENRYDUNDAS CAMPBELL, Chairman.
William Cutnming, Esq. 1 Geo. Goldsmith Kirby, Esq.
Frederick Dodsworth, Esq. I Richard Alex. Price, Esq.
James Jephson, Esq. I James Stephenson, Esq.
William King, Esq. . I Capt. Wm. Spencer Webb.
Bankers :.--The London and Westminster Bank.
MEDICAL ADVISERS:

H. U. Thomson, Esq., M.D. I Thos. King, Esq. Maddox-st.
LEGAL ADVISERS :
Sir Frederick Pollock, M.P. I Williani Heyes, Esq.
ADDRESS TO CAPITALISTS.

Experience has shown that there is no more secure or
profitable way of investing capital than in Life Assurance
Companies. So great, indeed, were the gains of the earlier
Companies, that, in the space of a few years only, the various
subdivisions of society, such as the Medical, Legal. Naval,
and Military, have each formed its own peculiar Life As-
surance Association, on the well-founded expectation of
sharing in their enormous profits. The Freemasons now
come into the field; a class of all others the most influential
by its numbers, and the most united by a general, and it may
be said,-a sacred principle. Actuated by the spirit which
should influence every Freemason, the Directors of the new
Company intend appropriating a share of their profits to such
benevolent purposes, connected with Freemasonry, as shall
be approved by the United Grand Lodge of England, while
Past Masters and Masters of Lodges, will be preferred as
Agents. With the same views and feelings, alimited num-
ber of Shares has been set apart for distribution among
Lodges, which may desire to become proprietors in their
aggregate capacity.
It would be absurd to suppose that all these sacrifices are
purely disinterested—that no return is expected for them.
On the con.rary, the directors-look for great and substan-
tial advantages; but they are such as flow naturally out of
their connexion with Freemasonry, and which, from the
widely-extended ramifications of that body, not through
England only, but through the whole of the civilised world,
promise fah to make this the first and most profitable esta-
blishment of the kind.

But it is not only from its connection with Freemasonry.
that the capitalist is to look for the expected augmentation !
of profits; independent of the various new, as well as cus-
tomary forms of assurance, which are set forth in the pro-
spectus, the company will purchase reversionary interests, as
well as annuities, present or deferred, absolute, or contin-
gent. They will also grant annuities If, too, the prospec-
tus he attentively gonsidered, it must be evident that the
very extent of accolimodatioa afforded to the public, opens
up a multitude of profitable resources, which, though un-
usual, are perfectly compatible' with safety and the general
benefit of the company. This, indeed, is one of the grand
features; by judicious calculations, by an extension of the
usual plans, it holds out not only the hope, but the moral,
and it might almost he said, mathematical certainty of a
liberal return to the shareholder, with advantages to the
assured, which he has a right to expect, but which are nut to
be obtained in any similar establishment.

Upon the Paid•up Capital.—A dividend of 5 per cent. per
annum will be made half-yearly. 'The proprietors' profits
will be ascertained at the expiration of five years after the
establishment of the company, and will be divided rateably
among the shareholders, and added by way of increase to the
paid-up capital, and bear interest at 5 per cent. from the date
of such apportionment. A similar division will then be re-
peated in every successive three years.
The extent of liability on each share is restricted to £2O,
to which it is limited by the deed of association, and the
contract of assurance.
A call of £2 per share will be made on the 10th of October
next ; and a further call of £2 per share on the 10th of Janu-
ary following, beyond which nu further call is contemplated.
In London.—Applications for shares must be made at the
London and Westminster Bank, or at any of its Branch
Establishments; a deposit of £1 per share is then to be paid,
and the banker's receipt taken in exchange. Of the allot-
ment of shares due notice will be given, and in those cases in
which shares shall not be allotted, the deposits will be im-
mediately returned.

The Bank is at
The Westminister Branch 9, W• aterloo-place, Pall-Mall.
The Bloomsbury do. 213, H• igh Holborn.
The Southwark do. 11 W• ellington-street, Borough.
The Eastern do. 87, High-street, Whitechapel.
The St. Marylebone do. 155, Oxford-street.
Applicants from the country may remit their payments
through the Country Bankers, or by post (free) to G. G. Kirby,
Esq., 11, Waterloo-place, Pall-Mail, London. 'I he receipt
of the money will be acknowledged by return of post.
PROSPECTUS.
But while these great advantages are held out to the Capi-
talist, the Assured will find that his interestsi have been
attended to with no less care and caution. The unusual ex-
tent of the scheme, the rigid economy of ts. details in prac-
tice, and the various new anodes introduced.intb it of invest-
ing and augmenting capital, enable the directors to reduce
the premiums on the several policies to a low rate, adapted
to the means and wishes of every class. By a more universal
application of the system, it holds out a repurse against the
loss of income in all its shapes and bearings, it provides a
fund for old age—for the clerk, whose salary fails with his
office—for the creditor, whose sole security is the life of his
debtor—for the husband, whose only income is his wife's for-
tune—for the dependent upon an annuity for another's life—.
for the tenant bound to repair, or to pay tines for renewals—
fur those parents or guardians who have paid apprentice fees,
and such apprentice dies, and it then becomes an object to
regain the money so expended—for those, who would create
a fund for the education of their children, or who would se-
cure an independence to the younger branches of their family
—and in general for the many contingencies against which a
moderate or uncertain income affords no provision.
In regard to the payment of the settled premium, every
facility will be allowed the assured, either by gradually les-
sening its yearly amount, according to a given scale, or by
at once reducing both the premium and the policy, and con-
sidering the overplus, that will then have been paid, as so
much premium liquidated in advance.
purchase the
If the assured so chooses, the company will

policy altogether.
It has been said that mutual assurance companies are most
advantageous to the public. As the present in its first or
modern mutual branch is both a mutual and proprietory
company, the friends and patrons of it will have the oppor-
tunity of availing themselves of all the advantages of a mu-
tual assurance office, without incurring responsibility, or
being subject to any of its other disadvantages ; nor will the
proprietors reserve to themselves any portion of the profits
that may be derived from this branch, although their paid-up
capital will form a guarantee fund in case of war, or epidemic,
or any other of those accidents which would derange, if not
ruin, a society based upon less secure foundations.
These are a few only of the advantages to be obtained at a
small outlay, and no risk, to those assured with "The Free-
masons' and General Life Assurance Company."
For the details the public are referred to the printed pros-
pectus, to be had (gratis) at the Company's office, where
attendance is given, daily, from ten to five o'clock.
- - -

A TABLE
Shewing the annual premiums required for the assurance o
£lOO on a single life. fur the whole duration, with or withoui
a participation of profits. ,

Age next
Birthday.

With Profits,
or Modern Mutual.

Without Profits,
or Proprietory:

E. s. d.
1 14 8
1 17 9
2 2 0
2 7 5
2 14 3
3 2 10
3 13 11
4 9 3

Agents will be appointed in all the principal towns in the
United Kingdom, and early applications for such appoint-
ments should be made, accompanied by the names of two
respectable references in London.
The business of the Establishment will commence on
Monday, the 13th instant.
G.
KIRBy, Managing Director,
I I, Watetlou•plaee, Pol-m4ll,