Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
The Institute Of Actuaries.
they protect a particular class . AA ' e conceive that the duty of the Institute should be to confer degrees upon qualified persons , but that an attempt to make the recognition of such distinctions compulsory would , instead of enhancing their value , deprive them of that moral weight which is alone valuable , and create a feeling of jealousy and suspicion productive of the worst results . If the distinctive letters to
be attached to the names of members are in reality worth anything , their value will at once be voluntarily recognised by the world at large ; if they are not , no statutary enactment can confer upon them worth , or induce intelligent men to trust those who bear them . For these reasons we earnestly hope that the Institute will not justify the suspicions of its adversaries , but will maintain its own high position by advancing towards its important ends in a manner consonant with the utmost liberality ancl freedom .
Analecta.
ANALECTA .
THE INSTITUTE OF ACTUARIES . —The first meeting of the members of this important association was held in the board-room of the Guardian Fire and Life Assurance Office , Lombard-street , on the 14 th of October . Mr . Peter Hardy having been unanimously called to the chair , observed that it was intended to limit the business of the meeting to the reading of the report of the Provisional Committee , and to the election of a President , Council , and other officers for the year ensuing . Report of the Enrolment Committee . —Your Committee have to
report—That the total number of members enrolled is one hundred ancl thirty-one , of whom ninety-four are Fellows , and thirty-seven Associates . That the total amount of subscriptions received is 287 / . 14 s . Your Committee have unanimously resolved to suggest that the following regulations be observed at the general meeting to be helcl on the 14 th of October . The President to be first elected by ballot . Each member then to give in his printed listafter having erased
, from it all but the names of the sixteen Fellows ( or less number ) whom he may wish to select for the Council . Any list in which this regulation is not accurately observed to be invalid . i Tbe names of the sixteen Fellows obtaining the majority of votes having been ascertained by the scrutineers , to be declared by the President , and set up in the room conspicuously . Out of these sixteen , a ballot to be taken for the four A'ice-Presidents ,
ancl from the remaining twelve names a ballot to be then taken for the Treasurer , two Secretaries , and the Registrar successively . The three Auditors to be ' then elected . Your Committee would remind the members that the Council are to be elected from the Fellows , and the Auditors from the Associates . Your Committee cannot help congratulating the members of the
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
The Institute Of Actuaries.
they protect a particular class . AA ' e conceive that the duty of the Institute should be to confer degrees upon qualified persons , but that an attempt to make the recognition of such distinctions compulsory would , instead of enhancing their value , deprive them of that moral weight which is alone valuable , and create a feeling of jealousy and suspicion productive of the worst results . If the distinctive letters to
be attached to the names of members are in reality worth anything , their value will at once be voluntarily recognised by the world at large ; if they are not , no statutary enactment can confer upon them worth , or induce intelligent men to trust those who bear them . For these reasons we earnestly hope that the Institute will not justify the suspicions of its adversaries , but will maintain its own high position by advancing towards its important ends in a manner consonant with the utmost liberality ancl freedom .
Analecta.
ANALECTA .
THE INSTITUTE OF ACTUARIES . —The first meeting of the members of this important association was held in the board-room of the Guardian Fire and Life Assurance Office , Lombard-street , on the 14 th of October . Mr . Peter Hardy having been unanimously called to the chair , observed that it was intended to limit the business of the meeting to the reading of the report of the Provisional Committee , and to the election of a President , Council , and other officers for the year ensuing . Report of the Enrolment Committee . —Your Committee have to
report—That the total number of members enrolled is one hundred ancl thirty-one , of whom ninety-four are Fellows , and thirty-seven Associates . That the total amount of subscriptions received is 287 / . 14 s . Your Committee have unanimously resolved to suggest that the following regulations be observed at the general meeting to be helcl on the 14 th of October . The President to be first elected by ballot . Each member then to give in his printed listafter having erased
, from it all but the names of the sixteen Fellows ( or less number ) whom he may wish to select for the Council . Any list in which this regulation is not accurately observed to be invalid . i Tbe names of the sixteen Fellows obtaining the majority of votes having been ascertained by the scrutineers , to be declared by the President , and set up in the room conspicuously . Out of these sixteen , a ballot to be taken for the four A'ice-Presidents ,
ancl from the remaining twelve names a ballot to be then taken for the Treasurer , two Secretaries , and the Registrar successively . The three Auditors to be ' then elected . Your Committee would remind the members that the Council are to be elected from the Fellows , and the Auditors from the Associates . Your Committee cannot help congratulating the members of the