The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1851-03-11 00:00:00

It appeared—
That 891 New Policies had been is.ued by the Company dur.
intr the year ending. 15th IVnvorni.or I,IKA

,e 509.147 10s. 6d., yielding NesPremfums to the amouut

of £17,550 148.
Tint the number of Pror

Is made to the Company durim:

the same r

riod was 1066, of which 861 were accepted, ar
--the whole sum proposed for Assurance hen
s. 2d. ;

.e 621,943 14
That a very large addition had been made to the Fonds of the

maintain a high rate of interest on their Investments,
which are almost entirely secured on Land or on Govern-

ment Securities.
As the balance of the Company's books at 15th November,
1850, closed the period of five years since last divisiod of Pro-
fits. extending from 15th November, 1845, to 15th November,
1850 the Directors drew particular attention in their Report
to the progress of the Company during that period, and the
following facts were stated in evidence of the rapid advance of
the Company's business :

That the number of Proposals for Assurance made to the
Company during the period were 4360, for Assurances to

the amount of £2,737,925 48. sd. ;
That of this number, 3436 Proposals for Assurances to the
amount of £2,146,641 12s. 9d. had been ' accepted ; and
924, for Assurances to the amount of £591,283 us. Bd.
declined ;

That the new Premiums on btisiness transacted during the
period have amounted on en average to about -el 4,7C0 per
annum, or .73,480 13s. in all of new premiums; from
1845 to 1850.
That the actual expenses of conducting the business have
not increased during the period, end are consequently a
much smatter per centage on the revenue then in 1845 ;
That the Revenue of the Company is .te169,151 16s. 4d. per
annum.
A Report made to the Board of Directors by CHARLES
PEARSON, Esq., the Company's Auditor, after explanation of
the Yearly Accounts, was then read, from which the following

after a careful examination of the various

vouchers and bank

m,

and that the books are kept in the most distinct manner,—a
point of much importance in a business involving transactions
so numerous and of such magnitude.

" The Reporter does not think it necessary to enter into any
de►ail in regard to the satisfactory progress of the Company's
business, as that will be exhibited in the various Reports and
Statements prepared, as usual, by the Manager; and he will
merely add, that the whole business of the Company continues
to be conducted with the utmost regularity and efficiency."
The various Reports submitted were approved of ; and the
Meeting expressed entire satisfaction with the progress and

position of the Company.
After the election of new Directors in room of those retirim
the Establishment for the ensuing year was declared to be as
follows :

His Grace the Dnke of•Rucct.Eucit and QUEENSBERRY.
DEPUTY GOVERNOR.
The Right Honourable the Fart of ELGIN and KINCAADIN
EDINBURGH.
ORDINARY DIRECTORS.

CHARLES PEARSON, Es(

Accountant

128, George•strect

JAMES ROBERTSON, Esq.. W.S.
JAMES HAY, Esq., Merchant, Leith

HARRY MAXWELL INous, Esq., W.S., 4,
ANTHONY TRAIL, Esq., W.S., 16, Northumberland•stret
JOHN SLIGO, Eq., of Carmyle, 5, Drummond•place
ANDREW BLACKBURN, Esq Merchant, 8, Queen.'
C kg W.S, 4 Glenfin'

les-cre s

ritos. LiEAHAM AItRRAY, Esq.
JAMES WITCH, Esq., of Eliock
WILLIAM WOOD.-Esq..
ALEX. JAs.• RUSSELL, Esq., C.S., 9. Stiandwii:k-place.
WILLIAM MONCRIEFF, Esq.. Accountant, George-street

as•street

eon, 9, Darraws

LONDON

.ble the Fart of ABEAM

ORDINARY DIRECTORS.
Alex. Gillespie. Esq.. 3, Billiter.court.
A. Macgregor, Esq., 31, Chester-street, Grow
John Scott, Esq., 4, Hyde Park-street.
John Plowes, Esq., 64, Old Broad. street.
F. Le Breton, Esq., 3, Crosby-square.
John Lindsay, Esq., Laurence Pountney-lane.
Thomas H. Brooking*, Esq., Alderman's walk
LONDON OFFICE, 82, KING WILLIAM-S'

A rote of thanks was presented to the Boards of Direction
Edinburgh and London, to the Local Boards, to the Manage
and other Officers of the Company, aft4.'r which the Meeti

separated.