Middlesbrough & Stockton Gazette and General Advertiser. — 1870-09-02 (Stockton-on-Tees, Durham, England)

THE  ROYAL EXCHANGE ASSURANCE was founded by the leading Merchants of London in the year 1717, and was incorporated by Charters of His MA. JEST!' GEORGE THE Fuiev, dated 22nd June, 1720, and the 29th April, 1721, respectively, for granting SEA, VIRE, AND LIFE ASSURANCES,  The power; conferred by these Charters have been con firmed by Special Acts of Parliament. Persons assured with this Corkoration incur Ivo wuvrten LIABILITY as Partners, nor do they depend upon an uncertain Fund; the large INVESTED CAPITAL STOCK of the Corporation affords unquestionable Security for the fulfilment of its engagements.  .. L IFE ASSURANCES  - may be effected with participation in profits by way of Bonus, or, at Lower Premiums, without Bonus. Two-thirds of the profit realised on all Policies, participating and non-participating. issued from and after the list day a December, 1841, are di, 'tried periodically among such of them (effected tor the whole term of life in the participating class) as are subsisting at the dates of suck divisions, and have had Three or more annual Premiums paid thereon. 'the Bonus may be applied in INCREASE OF THE SUM ASSURED, or in REDUCTION OF PREMIUM; the option to be declared before the Policy is granted. Further Bonuses will be declared at the end of 1870, as soon as the calculations can be made, and EVERY FIVE YEARS thereafter. The expenses of Management, being divided between the different branches, are spread over AN EXCEPTIONALLY LARGE AMOUNT OF BUSINESS. The importance of th's fact, in zonnexion with the expectation of Bonus, is ObS MU, ANY SUM NoT EXCEEDING FIFTEEN THOUSAND POUNDS MAY RE AsSURED ON THE SAME LIFE. The Corporation will purchase the interest in Policies effected for the whole term of life, or will lend upon unencumbered Policies Bach sums as they are worth for surrender, according to the office rules of calculation. No Loan, however, will be made of less amount than Fifty Pounds. The Corporation reoerve to thi maelves an absolute discretion in regard to the titles of parties offering Policies for surrender or loan. The usual condition that a Policy effected by a person on his own life shall be void, if he die by suicide, duelling, or the hands of justice, is rescinded by this Corporation, so far as any other person or persons shall then have a bond fide interest therein, acquired by assignment or by legal or equitable lien,proritied such assignment or lien shall have been duly notified to the Corporation previously to the death of the Assured. The extent a such interest to be proved to the satisfaction of the Corporation. By the terms of Life Po.icies, claims are payable at the expiration of three months from proof of death, but the Corporation do not avail themselves of this reserved right to defer payment where the proofs (of title and otherwise) are to their entire satisfaction. NO DEDUCTION OF DISCOUNT is made as the consideration for early payment. The Direcl ors hope for a continuance of the confidence ' which the 1 üblic have placed in this Office during a CENTURY AND A lIALY. The Corporation affords the guarantees of A SAFE CONSTITUTION UNDER ROYAL CHARM It AND SPECIAL ALTS OF PARLIAMENT—A LARGE INVESTED CAPITAL STOCK , —EXPERIENCED MANAGEMENT—AND A LONG REPUTATION FOR JUST AlsD LIBERAL DEALING. TO THOSE ADVANTAGES IT ADDS A RATE 01 BONUS WHICH VERY FEW OTHER OFFICES ) HAVE EQUALLED, AND EVERY REAL IMPROVES MENT IN MODERN PRACTICE..  ROYAL EXCHANGE ASSURANCE For assuring HOUSES, GOODS, dm., from LOSS by FIRE; and for Assurances on LIVES. (Established by Charter in the Reign of George the First, A.D. 1720.)  MR THOMAS HALL, ACCOUNTANT, CENTRAL BUILDINOS, AGENT FOR DARLINGION, and parts adjacent. FIRE ASSURANCES on liberal terms, on Houses, Furniture, Merchandise, and other property. Losses by Fire occasioned by Lightning are made good. FIRE DUTY.—This Tax having been abolished, Os* PREMIUM is NOW the only charge for FIRE INSURANCES. FARMING STOCK at ss. per cent. per annum. ' No extra charge for the use ot Steam Thrashing Machines. All payments through any of the Company's Agents are made without deduction. Persons assured With this Chartered Corporation in any Department are exempt from the liabilities of Partnership. 10$1:1 

Article type: NotIncident