TEMPORARY OFFICES-MILTON CHAMBERS, 59, LUDGATE HILL, LONDON, E.C. DIRECTORS. Charles Chatfield, Esq., Chairman. George Russell, Esq., Deputy-Chairman. Charles Bischoff, Esq. Nathaniel Gould, Esq. William Augustus Guy, M.D. Ralph Charles Price, Esq. Thos. Godfrey Sambrooke, Esq., Sir W.G.Ouseley, K.C.B., D.C.L. BANKERS. William Cooke, Esq., M.D., Surgeon. Messrs. Glyn, Mills, and Co., 67, Lombard-st. Messrs. Barnett, Hoares, Hanburys and Co., Lombard-st. ACTUARY AND SECRETARY-Charles Jellicoe, Esq. The Business of the Company comprises Assurances on Lives and Survivorships, Granting of Contingent Annuities, Loans of Money on Mortgage, &c. The realized Assets of this Company amount to about Two Millions sterling. The Annual Income is about Three Hundred and Ninety Thousand Pounds. The number of existing Policies is upwards of Sixteen Thousand. The total Amount Assured exceeds Nine Million Six Hundred Thousand Pounds. The Divisions of Surplus are quinquennial, and the whole Surplus (less twenty per cent, only) is distributed amongst the Assured. At the last Division of Surplus, the additions to the Sums Assured, under Policies effected upon the Participating Scale, ranged, according to the age of the life assured, from 20 to 70 per cent, of the Premiums paid since 1857. The Premiums required, although moderate, entitle the Assured to 80 per cent. of the Quinquennial Surplus. The Lives assured are permitted, in time of peace, without extra charge, to reside in any Country (Australia and California excepted) north of 33 degrees north latitude, or south of 33 degrees south latitude, or to pass by sea (not being seafaring persons by profession) between any places lying north of 33 degrees north latitude, or lying south of 33 degrees south latitude. All Policy Stamps and Medical Fees required on effecting Assurances are paid by the Company. By recent enactments, persons are exempt, under certain restrictions, from Income Tax, as respects so much of their income as they may devote to Assurances on Lives. The Annual Reports of the Company's state and progress, Prospectuses, and Forms, may be had, or will be sent, post free, on application at the Office, or to any of the Company's Agents. EQUITY AND LAW LIFE ASSURANCE SOCIETY, 18, LINCOLN'S INN FIELDS, LONDON, W.C. CAPITAL-ONE MILLION, FULLY SUBSCRIBED. TRUSTEES. The Right Hon, the Lord High Chancellor. The Right Hon. Lord Monteagle. The Right Hon, the Lord Chief-Justice Erle. The Right Hon. Sir John Taylor Coleridge. George Lake Russell, Esq., Chairman, John Moxon Clabon, Esq., Deputy-Chairman. The NEW BUSINESS of 1864 comprised 190 Policies, insuring the sum of £308,645; and the Premiums received thereon amounted to £10,666 4s. 4d. The total INCOME of 1864 was £93,389 and the total OUTGOINGS £46,048. The difference, £47,321, or more than 50 per cent. of the whole Income, being added to the Assets, as the result of the year's transactions. The amount of the ASSETS on the 31st December, 1864, was £443, 966. The EXPENSES of MANAGEMENT are now less than Four per cent. on the INCOME. The realized PROFITS are ascertained every Five Years; and NINE-TENTHS of the whole are divided among the Assured. As considerably more than One-tenth of the Profits is derived from Policies which do not participate in the Profits, it will be seen that the Assured have greater advantages in this Society than if they formed a Mutual Insurance Company, dividing among themselves the whole of the Profits derived from their own Policies. At the FOURTH QUINQUENNIAL DIVISION of Profits, to the 31st December, 1864, the sum of £62,961, was divided among the Assured holding Policies for £1,339,608; the additions thus made to the sums assured amounting to £112,000. The Conditions of the Policies allow persons, whose lives are insured to reside or travel in any part of the world distant more than 33 from the Equator. Policies in the hands of third parties are not vitiated by suicide, or by the life assured transgressing the stipulated limits. The Business of the Society includes the Purchase and the Granting of LOANS upon the security of Life Interests and Reversions; also the Granting of IMMEDIATE ANNUITIES. The ANNUAL REPORTS of the Directors are regularly printed, with full accounts of the Receipts and Expenditure, and may be obtained by written or personal application at the Office. THE 6, NEW BRIDGE-STREET, BLACKFRIARS, LONDON. EMPOWERED BY ACT OF PARLIAMENT, 3 WILLIAM IV. Directors. Henry Barnett, Esq., M.P., Chairman. The Right Hon. E. Pleydell Bouverie, M.P., Deputy-Chairman. Alfred Kingsford Barber, Esq. Vice-Admiral Robert Gordon. C. H. W. A'Court Repington, Esq. Auditors. Physician. John Gilliam Stilwell, Esq. Wm. Emmanuel Page, M.D. Oxon., 11, Queen-street, May-fair. Surgeon. Benj. Travers, Esq., F.R.C.S., 49, Dover-street, Piccadilly. Solicitor. Henry Young, Esq., 12, Essex-street, Strand. Secretary. Alexander Macdonald, Esq. Actuary. Olinthus Gregory Downes, Esq., F.R.A.S. ADVANTAGES OFFERED BY THE SOCIETY :— The lowest rates of Premium on the Mutual System. Bonus-The Society being on the mutual principle, the Assured share in the whole of the Profits. A Bonus declared every Fifth year. At the Division in 1864, £506,000 was added to the Sum Assured, making, with the Bonus declared at previous divisions, a total Bonus addition since the commencement of the Society of £1,871,000. 9200 Policies now in force, assuring £7,394,000. Assurances granted to the extent of £10,000 on a single life. The usual commission will be allowed to Solicitors and others recommending Assurances to the Office. Prospectuses and full Particulars may be obtained on application to ALEXANDER MACDONALD, Secretary. Established in 1823, and Incorporated by Special Act of Parliament. CAPITAL, £500,000. Accumulated and Invested Funds, nearly ONE MILLION STERLING. Manager.-Gilbert L. Finlay. Secretary.-William Dickson. I Actuary.-John Craig. Secretary.-Frederick Chaplin. John Phillipps Judd, Esq. The Lord Alfred Paget. WEST-END OFFICE, 10, Regent-street, Capt. Mackenzie. Medical Officer-Robert Dickson, M.D., 16, Hertford-street, May Fair. Bankers-Messrs, Smith, Payne, and Smiths". Solicitors.-Messrs. Rowland and Hacon, 31, Fenchurch-street. Specimen of Bonus Additions paid on some of the Oldest Policies. NEW BRIDGE-STREET, BLACKFRIARS. DIRECTORS. THE RIGHT HON. LORD TREDEGAR, President. William Frederick Pollock, Esq., and James Spicer, Esq., Vice-Presidents. John Charles Burgoyne, Esq. Lord Geo. Henry Cavendish, M.P. Charles Curling, Esq. George Fenning, Esq. Richard Gosling, Esq. Peter Martineau, Esq. John Alldin Moore, Esq. John Charles Templer, Esq. THE EQUITABLE, established in 1762, was one of the earliest Offices on the Mutual principle. The entire profits are divisible among its members, no portion of the same being diverted either for dividends on shares, as in "proprietary" offices, or for "commission" to agents. Since its establishment in the year 1762 it has paid £17,000,000 in claims, and £15,900,000 for bonuses on the same. The Invested Capital on the 31st of December, 1864, exceeded £4,500,000 sterling. The Reserve at the last rest, in December, 1859, exceeded £700,000, as a basis for future divisions. Under the bye-law of the 19th of December, 1816, the oldest 5000 Policies are admitted to participation in the bonuses. New Assurers in the current year (1866) will be placed among that number after payment of their first premium, and will become entitled to a rateable share in the bonus to be made in December, 1869, on payment of the Annual Premium in 1871. SURRENDER OF POLICIES.-The full value is paid on surrender, without any deduction. LOANS ON POLICIES.-The Directors will make advances on deposit of the Policies. TABLE OF ANNUAL PREMIUMS for assuring the sum of £100 upon the Life of any Healthy Person from the Age of Eight to Sixty-seven. A Court of Directors is held every Wednesday, from Eleven to One o'clock, to receive Proposals for new Assurances; and a Short Account of the Society may be had on application, personally or by post, at the Office. ARTHUR MORGAN, Actuary. A Dividend of 5 per Cent, with a Bonus of 1 per Cent, paid to the Shareholders, Claims paid within 14 days after proof of death, Advances made on Freehold and Leasehold Securities. Fire Insurance at the usual rates. Duty reduced to 1s. 6d. per eent. Forms of Proposal for Assurance, Prospectus, &c., forwarded on application to GUARDIAN FIRE AND LIFE ASSURANCE COMPANY, No. 11, LOMBARD-STREET, LONDON, E.C. ESTABLISHED 1821. SUBSCRIBED CAPITAL Directors. £2,000,000. Thos. Tallemach, Esq., Secretary.-Samuel Brown, Esq., Actuary. LIFE DEPARTMENT.-Under the Provisions of an Act of Parliament, this Company now offers to new Insurers EIGHTY PER CENT, OF THE PROFITS, AT QUINQUENNIAL DIVISIONS, OR A LOW BATE OF PREMIUM without participation of Profits. Since 1821, Reversionary Bonuses of £1,150,000 have been allotted to the Assured out of Profits. At Christmas, 1864, the Life Assurances in force, exclusive of Bonuses thereon, amounted to upwards of £4,500,000, the Income from the Life Branch £212,000 per annum, and the Life Assurance Fund (independent of the Capital) £1,656,000, while the total claims paid (independent of Bonuses) amounted to £4,176,409. EXAMPLE OF ANNUAL PREMIUMS FOR THE ASSURANCE OF £100 ON DEATH. N.B.-With a view to render Life Policies more available as Securities, Policies will be issued in certain cases free from ALL restrictions as to Foreign Travelling or Residence. Policies issued free of every charge except the Premium. FIRE DEPARTMENT.-Insurances elected on every description of Property at home and abroad. Annual Premium for £100 on Ordinary Risk is 1s. 6d. The annual Duty to Government is reduced to 18. 6d. for £100. Policies are issued free of every charge except for Premium and Annual Duty. No expense in transferring from another Office. Claims liberally and promptly settled. Forms of Proposal and every information may be obtained from the Office. T. TALLEMACH, Secretary. |