The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-08-01 00:00:00

TIE LIVERPOot STANDARD.

Ensttratue 43. otit t 5.

THE CORPORATION OF

THE LONDON ASSURANCE,
BY CHARTER OF KING GEORGE FIRST,
FOR LIFE, FIRE, AND MARINE ASSURANCE,

GRANTED their first Life Policy on the 7th June,
1721. Their new Prospectus embraces a variety of very
eligible plans for Life Assurance at most moderate premiums.
Two-thirds of the gross profits are awarded to the assured by
a bonus added to the policy—a payment in cash—a new policy
without premium, or by a reduction of the future annual pre-
miums.

The expenses of managing the LIFE DEPARTMENT are not,
as is usual, taken from the premium fund, but are defrayed by
the Corporation out of their share of the profits, thus giving the
assured all the advantages of Mutual Assurance without lia-
bility of partnership, as well as the security of an ancient and
opulent Corporation.

Assurances without participation, and short period assur-
ances, are effected on remarkably advantageous terms.
Parties proceeding abroad are liberally treated.
FIRE INSURANCES on every description of property, at
the most moderate rates current.

Prospectuses may be had at their Offices, or sent free, on ap-
plication to

JAMES KENNEDY, No. 3, High-street,
With Entrance also at 5, Exchange-street East, or to
CARNE and NEPHEW, 20, Water-street,
Agents for Liverpool and adjacent Parts.

that they can fulfil the duties of good landlords ; with a
nominal rental of some thousands a-year, and not as many
hundreds to spend, it is in vain that they struggle to sup-
port the station which their estate, if unencumbered,
would enable them to uphold. The effort is as injurillus
to themselves as to the country ; they are perpetually in-
volved in debt and legal difficulties, while their exigencies
oblige them to accept the highest rent they can get offered
for their lands, without any selection as to the character
of their tenantry, or any ability to assist them. They are
absolutely unable to erect upon their farms the dwelling-
houses and offices, fences, &c., which should always be
constructed by the landlord, as is universally done in Eng-
land and Scotland, in order that the capital of the tenant
may be applied undiminished to the land ; and they are
unable, from want of capital themselves, to advance one
jot the agriculture of their estates, either by example or
instruction, by practical farming, by schools, or any other
means. Very many of our gentry would gladly divest
themselves of the endless litigation and embarrassments
which the cloud of charges upon their estates, mortgages,
judgments, annuities, jointures, imposes on them—the
very law costs connected with these charges, together with
the costs of enforcing the rents of a large rack-rented pro-
perty, to meet these various and overwhelming demands,
wholly al sorbs the wretched remnant of their estate which
is left to them--but it is impossible to bring such an estate
as this to a sale by any process now available—a bill in
Chancery must be filed, all these encumbrancers must be
made parties to the suit—they are scattered over various
quarters of the world, yet they must be served with notice
of the proceedings—they die in the progress of the suit,
and bills of revisor must be filed to bring their represen-
tatives before
the court. Any one at all familiar with
legal proceedings in this country knows well that there
are many causes which have been given up by successive
solicitors in despair, from the perfect impossibility of get-
ting a perfect suit; and in many other cases the suit has
continued in existence for upwards of half a century.