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Article GENERAL MEETINGS. Page 1 of 14 →
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General Meetings.
GENERAL MEETINGS .
Much valuable and interesting information has been furnished at thc meetings of Proprietors and Members of various Companies and Societies . We give notices of such as have fallen under our observation , and leave our readers to ponder upon the greater opportunities afforded by Life Assurance , than by any other means heretofore devised , for securing domestic comfort and tranquility , promoting social happiness and wellbeing , encouraging prudence and forethought , cultivating the better feelings and sympathies of our nature , and preventing the future destitution or distress of families and individuals .
MEDICAL , INVALID , GENERAL LIFE OFFICE , Nov . 30 , 1848 . — New Insurances during the year , 508 , yielding in premiums 7609 / . 12 s . Bonus declared ; two per cent , added to participating policies . We regret to have mislaid the very circumstantial details of Mr . Neisson ' s most valuable report .
CITY OF LONDON LIFE ASSURANCE SOCIETY , Jan . 3 . —The third annual meeting of shareholders was holden at the office of the institution , Royal Exchange Buildings , James Risdon Bennett , Esq ., M . D ., in the chair . E . F . LEEKS , Esq ., Secretary , submitted the report of the society ' s operations for the past year . This document showed that , during the last financial year , ending 31 st October , one hundred and ninety
proposals had been accepted by the Directors , assuring a total of 74 , 012 / . 15 * . 3 d ., and producing an additional income of 2 , 874 / . 3 * . 7 d . They had also declined to assure policies to the amount of 18 , 000 / . Since the accounts had been audited , the Directors had the gratification to announce that they had further accepted twenty additional proposals , assuring 7 , 996 / . ; thus making the gross annual income 6 , 224 / . 13 * . Set ., and showing , on comparison , the increase of income this year to have
exceeded last year ' s increase by the sum of 440 / . Proposals had also been accepted , but were not completed , for assuring an aggregate of 4 , 550 / ., at preirnums amounting to 128 / . 19 * . 5 d . per annum , and these applications are now under the consideration ofthe Directors , as are also ten other proposals for assuring a total of 2 , 2501 The report further stated , that during the three financial years , ending in October last , no death had occurred among the assuredbut thatafter the close of the
, , last year , a claim bad arisen upon the funds of the society to the extent of 500 / ., by reason of the death of one of the Directors ( George Bulwer , Esq . ) After the usual routine business , F . A . Dunford , Esq ,, Lieut . Colonel Rowland , Royal Artilery , W . Simpson , Esq ., and F . Watts , Fsq ., F . S . A ., Directors , who retired by rotation , were re-appointed without a dissentient voice ; and H . J . Cameron , Esq ., Provost of Dingwall , J . J .
Chalk , Esq ., and PI . W . West , Esq ., of the Northern Circuit , were also unanimously re-elected Auditors for the ensuing year . J . BACHE , Esq ., proposed a vote of thanks to the Directors . EDWARD BREWSTER , Esq ., proposed that the best thanks of this society are due to JB . F . Leeks , Esq ., the indefatigable Secretary . E . F . LEEKS , Esq ., responded to this vote . DAVID JONES , Esq ., Actuary of the Universal Life Assurance Company , proposed the thanks of the meeting to G . S . Farrance , Esq ., the Actuary of ( he society .
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
General Meetings.
GENERAL MEETINGS .
Much valuable and interesting information has been furnished at thc meetings of Proprietors and Members of various Companies and Societies . We give notices of such as have fallen under our observation , and leave our readers to ponder upon the greater opportunities afforded by Life Assurance , than by any other means heretofore devised , for securing domestic comfort and tranquility , promoting social happiness and wellbeing , encouraging prudence and forethought , cultivating the better feelings and sympathies of our nature , and preventing the future destitution or distress of families and individuals .
MEDICAL , INVALID , GENERAL LIFE OFFICE , Nov . 30 , 1848 . — New Insurances during the year , 508 , yielding in premiums 7609 / . 12 s . Bonus declared ; two per cent , added to participating policies . We regret to have mislaid the very circumstantial details of Mr . Neisson ' s most valuable report .
CITY OF LONDON LIFE ASSURANCE SOCIETY , Jan . 3 . —The third annual meeting of shareholders was holden at the office of the institution , Royal Exchange Buildings , James Risdon Bennett , Esq ., M . D ., in the chair . E . F . LEEKS , Esq ., Secretary , submitted the report of the society ' s operations for the past year . This document showed that , during the last financial year , ending 31 st October , one hundred and ninety
proposals had been accepted by the Directors , assuring a total of 74 , 012 / . 15 * . 3 d ., and producing an additional income of 2 , 874 / . 3 * . 7 d . They had also declined to assure policies to the amount of 18 , 000 / . Since the accounts had been audited , the Directors had the gratification to announce that they had further accepted twenty additional proposals , assuring 7 , 996 / . ; thus making the gross annual income 6 , 224 / . 13 * . Set ., and showing , on comparison , the increase of income this year to have
exceeded last year ' s increase by the sum of 440 / . Proposals had also been accepted , but were not completed , for assuring an aggregate of 4 , 550 / ., at preirnums amounting to 128 / . 19 * . 5 d . per annum , and these applications are now under the consideration ofthe Directors , as are also ten other proposals for assuring a total of 2 , 2501 The report further stated , that during the three financial years , ending in October last , no death had occurred among the assuredbut thatafter the close of the
, , last year , a claim bad arisen upon the funds of the society to the extent of 500 / ., by reason of the death of one of the Directors ( George Bulwer , Esq . ) After the usual routine business , F . A . Dunford , Esq ,, Lieut . Colonel Rowland , Royal Artilery , W . Simpson , Esq ., and F . Watts , Fsq ., F . S . A ., Directors , who retired by rotation , were re-appointed without a dissentient voice ; and H . J . Cameron , Esq ., Provost of Dingwall , J . J .
Chalk , Esq ., and PI . W . West , Esq ., of the Northern Circuit , were also unanimously re-elected Auditors for the ensuing year . J . BACHE , Esq ., proposed a vote of thanks to the Directors . EDWARD BREWSTER , Esq ., proposed that the best thanks of this society are due to JB . F . Leeks , Esq ., the indefatigable Secretary . E . F . LEEKS , Esq ., responded to this vote . DAVID JONES , Esq ., Actuary of the Universal Life Assurance Company , proposed the thanks of the meeting to G . S . Farrance , Esq ., the Actuary of ( he society .