The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-03-14 00:00:00

THE LIVERPOOL STANDARD.

fleanteb.

WANTED, in an extensive STARCH MANUFAC-
TORY, a FOREMAN, posiessing a thorough knowledge
of the business. No person need apply who cannot produce
satisfactory references as to his competent skill, and steadiness
of character.
Address to Box T 92, Postoffice, Liverpool.

MORNING GOVERNESS.
A LADY is desirous of meeting with an Engagement
as MORNING GOVERNESS, in the neighbourhood of
Liverpool. She is fully competent to instruct in every Branch
of an English Education, with Music and the Rudiments of
French.
Address K. A., Albion-office.

WANTED, in or near Liverpool, by a Widow Lady,
a SITUATION as COMPANION or HOUSEKEEPER.
to an Elderly Lady or Gentleman. Salary not so much an ob-
ject as a comfortable home. References are kindly permitted
to the Rev. W. G. Coldwell, Rectory, Stafford, and Mrs. J.
Campbell, Toxteth-park, near Liverpool.
Address, D. G., Postoffice, Stafford.

fitottrante Romeo. •

LIFE INSURANCE ANNUAL REPORT.

SCOTTISH PROVIDENT INSTITUTION

The TENTH ANNUAL GENERAL MEETWG of the
CONTRIBUTORS was held, in the Waterloo Rooms, Edin-
burgh, on WEDNESDAY, the 16th February current. ROBT.
SCLATER, Esq., in the Chair. I
The CHAIRMAN said,—l think it due to myself td state that
I have been called upon to fill the office of Chairman, not from
any qualifications which I possess, but upon the simple ground
that I happen to be the Senior Director. I must, therefore,
crave your indulgence for the very imperfect manner in which
I discharge the duties that devolve upon me. You have been
called together for the purpose of receiving from they Directors
the Report of their proceedings during the past year.. It has
been the privilege of the different gentlemen who have filled
the chair which I now occupy, to congratulate yon n the in-
creasing prosperity of the Institution; a privilege w ,ieh I am
glad to say still remains to me. You will hear from he Report
that we have done a larger amount of business their has ever
been done in any former year of the Society's exisNrice ; and
it must be gratifying to us to know that the number opt Policies
opened from the commencement exceeds that of silly other
Office in Scotland at the same period of its history. :It is with
no purpose of drawing an invidious comparison bt.tween our-
selves
and kindred Societies that I make this remark. . I men-
tion it simply as a fact, which, white it is calculated to give us
encouragement, must also be gratifying to us as members of '
society in genera' inasmuch as it shows that the value of Life
Assurance is becoming more widely appreciated. Owing to
the extent of disease which has prevailed during the last year,
the Members will naturally expect that a greater - amount of
mortality has taken place among ourselves. While.snch is the
case, we have cause for congratulation that the deaths,.though
exceeding the number in former years, have not, even in the
past year, reached the number exhibited in the 'Fables of the
Society ; and I may remind you of the fact, that up to the
period of investigation two years since, the deaths did not
greatly exceed one• half of the calculated amount. (Applause.)
You will have observed by the notice calling the meeting, that
steps have been taken to secure an Act of Parliament, confer-
ring the ben fits and ; r:vi'e .es of Incorporation. This will he
fully explained to you. I may state, however, that it makes no
material change in the Deed of Constitution. It only alters
some matters of minor detail, and makes such provisions as
are rendered necessary by the extension of our business in
England. It only remains for me to notice, that the .greatest
harmony has existed among the Directors of the Institution,
during the past year, as during all of that time I deinot think
We have been called upon to take a single vote. Whatever,
therefore, comes before you, has been brought forward with
our unanimous consent. (Applause.)
Mr. DONALD SMITH PEDDIE, Convener of the Committee,
brought up the Report of the Directors. After noticing some
of the points already referred to by the Chairman, ha4said
As one of the Directors who retire at this time, I maybe per-
mitted to compare the state of the Society, in one or Avo par
i
ticulars, at the end of this, its tenth year, as compared with its(
position at the end of the fifth year, when I entered office. At
the end of the first five years. the policies opened amounted to
1200; while at the end of the second five years they nutnbereet
about SOW. The annual income from premiums, at the end of
the fifth year, was £13,150 ; and at the end of the tenth year,
£31,344. The accumulated fund at the end of the fifth year
was under £28,000 ; whereas it is now not much short of
£lOO,OOO. (Applause.) I submit that nothing could be more
satisfactory than these results, After what has been said by
the chairman, I need only shortly notice the amounts of the
claims that have emerged. Considering the almost unpreoe-I
dentedly high mortality of the city during the last two years)
it must be gratifying to know that, even in the past year, thei,
number or deaths is below the calculations of the snriptv •

Lue ; aria
that, although the amount of claims emerging is greater than
has occurred in any previous year, yet the amount is vety little
indeed above last year, after the annuities which have fallen in'
have been deducted. He then called on the Manager to read
the Report, which is as follows :