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  • The Freemasons' Monthly Magazine
  • Aug. 1, 1857
  • Page 83
  • SUMMARY OF NEWS FOR JULY.
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The Freemasons' Monthly Magazine, Aug. 1, 1857: Page 83

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    Article SUMMARY OF NEWS FOR JULY. ← Page 5 of 7 →
Page 83

Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.

Summary Of News For July.

On the 14 th , the City Bank declared a dividend at the rate of £ 5 per cent , per annum , with a bonus of 10 s . per share . On the same day , the St . Katberine / s Dock Company declared a dividend of 2 ^ per cent , out of the profits of the last half-year .

On the 15 th , the London and Westminster Bank declared a dividend and bonus at the rate of 18 per cent , per annum . On the same day , the Union Bank declared for the half year a dividend at the rate of 5 per cent ., with a bonus of 7- £ - per cent . fpr the half-year , which , with the dividend and bonus paid in January last , make the dividend for the year ' 20 per cent . On- the ISfeb , the London Joint-Stock Bank declared a dividend at the rate of 12 J per cent , per annum , with a bonus of 10 s . per share . On the 17 th , the Australian Agricultural Company divided 10 s . per share .

On the 20 th , the Union Bank of Australia met , and divided at the rate of 9 ^ per cent , per annum . On the 21 st > the Commercial Bank declared a dividend of 4 \ per cent , for the past year .

PROVIDENT . On the . 10 th ult the annual general meeting of the proprietors of the United Kingdom JMe Assurance Company was held , at the office of the company , No .. 8 , Waterloo-place ,, Pall-Mall , when a Report was read of the state of its affairs as at 51 st Dec , 1856 , showing alarge increase of the last year ' s business , viz .: —490 policies issued , insuring £ 326 , 525 , producing new premiums amounting to £ 11 , 819 . $ s . 4 & , The assets , of the company , during the same period , were likewise greatly augmented , they now standing at £ 593 , 930 . 8 s . 9 c ? ., all of which is invested in GrOvernment and other approved securities . The annual income is upwards of

£ 136 , 000 . On the 22 nd , the Alfred Assurance Company met , and received the following statement «—The premiums upon new assurances ^ completed since the last Report , amounted to £ 2 , 195 . 18 s . 6 < i , being greater than those of the previous year by upwards of £ 300 . The claims on decease of 171 ives amounted tot £ 15 , 322 . ls > . Id ., exclusive of the ; sum of £ 1 , 886 . 4 s . Id . added to the sums assured by way of bonus .

The amount carried to the surplus fund was £ 2 , 940 , which ,, after deducting all outstanding claims and the bonuses to the shareholders ^ and to the assured , allotted at the quinquennial valuation made last year , exhibited a balance of £ 62 , 774 . 19 s * 3 d * The amount charged upon the annuity fund was gradually diminishing , and of 56 annuities granted 23 only were now payable . The original annual charge of £ 4 ) 081 . 12 s . 9 d . was thus reduced to £ 1 , 495 . lis .

BBNEVOtENT . ¦ On the 26 th of June ) the annual festival of the British Beneficent Institution was celebrated by a dinner at the London Tavern , the ladies and gentlemen sitting down together as at a private party . The chair was occupied by Mr . Sheriff Mechi . The chairman , In proposing the toast of the evening , stated that the society was established in 1848 , to provide permanent incomes of £ 30 per

annum for ladies who have moved in a superior station of society , being widows or unmarried orphan daughters of clergymen , military and navalonicers , members of the learned professions , professors of the fine arts , bankers , merchant ^ & c . The amount paid away in pensions last year was £ 1 , 055 , whilst the annual subscriptions only amounted to £ 580 . The list of subscriptions amounted to close upon £ 700 .

On the 27 th , the friends and supporters of the Royal Caledonian Asylum dined together at the Freemasons' Tavern ; but the muster was very far from being what was expected , or the merits of the charity demand . The chair was occupied by General Sir Colin Campbell , G . C . B . It appears that 62 boys and 50 girlstotal , 112 children—now receive a plain , useful education in this asylum , The receipts from all sources during the past year amounted to £ 2 , 678 . 14 & 11 ., and the expenditure to £ 3 , 243 . 9 s . 2 d . Notwithstanding the heavy calk upon them , partly occasioned . * by the late Crimean war , the treasurers were enabled , owing to a balance in hand at the commencement of the year , to meet the current

“The Freemasons' Monthly Magazine: 1857-08-01, Page 83” Masonic Periodicals Online, Library and Museum of Freemasonry, 29 May 2025, django:8000/periodicals/mmr/issues/frm_01081857/page/83/.
  • List
  • Grid
Title Category Page
THE CANADAS. Article 1
CLERICAL INTOLERANCE. Article 2
LADY MASONRY, OR MASONRY OF ADOPTION.* Article 7
MASONIC TOUR IN WALES. Article 13
ARCHITECTURAL MUSEUM CONVERSAZIONE. Article 15
REVIEWS OF NEW BOOKS. Article 16
CORRESPONDENCE. Article 19
THE MASONIC MIRROR. Article 23
METROPOLITAN. Article 26
PROVINCIAL. Article 34
ROYAL ARCH. Article 58
THE ANCIENT AND ACCEPTED RITE Article 59
KNIGHTS TEMPLAR. Article 61
MARK MASONRY Article 62
SCOTLAND Article 63
IRELAND. Article 68
COLONIAL. Article 68
AMERICA. Article 69
INDIA. Article 73
SUMMARY OF NEWS FOR JULY. Article 79
Obituary. Article 86
NOTICE. Article 88
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Page 83

Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.

Summary Of News For July.

On the 14 th , the City Bank declared a dividend at the rate of £ 5 per cent , per annum , with a bonus of 10 s . per share . On the same day , the St . Katberine / s Dock Company declared a dividend of 2 ^ per cent , out of the profits of the last half-year .

On the 15 th , the London and Westminster Bank declared a dividend and bonus at the rate of 18 per cent , per annum . On the same day , the Union Bank declared for the half year a dividend at the rate of 5 per cent ., with a bonus of 7- £ - per cent . fpr the half-year , which , with the dividend and bonus paid in January last , make the dividend for the year ' 20 per cent . On- the ISfeb , the London Joint-Stock Bank declared a dividend at the rate of 12 J per cent , per annum , with a bonus of 10 s . per share . On the 17 th , the Australian Agricultural Company divided 10 s . per share .

On the 20 th , the Union Bank of Australia met , and divided at the rate of 9 ^ per cent , per annum . On the 21 st > the Commercial Bank declared a dividend of 4 \ per cent , for the past year .

PROVIDENT . On the . 10 th ult the annual general meeting of the proprietors of the United Kingdom JMe Assurance Company was held , at the office of the company , No .. 8 , Waterloo-place ,, Pall-Mall , when a Report was read of the state of its affairs as at 51 st Dec , 1856 , showing alarge increase of the last year ' s business , viz .: —490 policies issued , insuring £ 326 , 525 , producing new premiums amounting to £ 11 , 819 . $ s . 4 & , The assets , of the company , during the same period , were likewise greatly augmented , they now standing at £ 593 , 930 . 8 s . 9 c ? ., all of which is invested in GrOvernment and other approved securities . The annual income is upwards of

£ 136 , 000 . On the 22 nd , the Alfred Assurance Company met , and received the following statement «—The premiums upon new assurances ^ completed since the last Report , amounted to £ 2 , 195 . 18 s . 6 < i , being greater than those of the previous year by upwards of £ 300 . The claims on decease of 171 ives amounted tot £ 15 , 322 . ls > . Id ., exclusive of the ; sum of £ 1 , 886 . 4 s . Id . added to the sums assured by way of bonus .

The amount carried to the surplus fund was £ 2 , 940 , which ,, after deducting all outstanding claims and the bonuses to the shareholders ^ and to the assured , allotted at the quinquennial valuation made last year , exhibited a balance of £ 62 , 774 . 19 s * 3 d * The amount charged upon the annuity fund was gradually diminishing , and of 56 annuities granted 23 only were now payable . The original annual charge of £ 4 ) 081 . 12 s . 9 d . was thus reduced to £ 1 , 495 . lis .

BBNEVOtENT . ¦ On the 26 th of June ) the annual festival of the British Beneficent Institution was celebrated by a dinner at the London Tavern , the ladies and gentlemen sitting down together as at a private party . The chair was occupied by Mr . Sheriff Mechi . The chairman , In proposing the toast of the evening , stated that the society was established in 1848 , to provide permanent incomes of £ 30 per

annum for ladies who have moved in a superior station of society , being widows or unmarried orphan daughters of clergymen , military and navalonicers , members of the learned professions , professors of the fine arts , bankers , merchant ^ & c . The amount paid away in pensions last year was £ 1 , 055 , whilst the annual subscriptions only amounted to £ 580 . The list of subscriptions amounted to close upon £ 700 .

On the 27 th , the friends and supporters of the Royal Caledonian Asylum dined together at the Freemasons' Tavern ; but the muster was very far from being what was expected , or the merits of the charity demand . The chair was occupied by General Sir Colin Campbell , G . C . B . It appears that 62 boys and 50 girlstotal , 112 children—now receive a plain , useful education in this asylum , The receipts from all sources during the past year amounted to £ 2 , 678 . 14 & 11 ., and the expenditure to £ 3 , 243 . 9 s . 2 d . Notwithstanding the heavy calk upon them , partly occasioned . * by the late Crimean war , the treasurers were enabled , owing to a balance in hand at the commencement of the year , to meet the current

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