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Les diagrammes suivants iilustrent la m^thode. rrata ;o 3elure, 1 d 3 32X 1 2 3 1 2 3 4 5 6 HAMILTON BRANCH OF THE ROTAL INSURANCE COMPANY. WILLIAM BELLHOUSE, Agent. Capital, Tiro UllililOlV^, In 100,000 Shares of £tSO each. TBTISTEEB.— JOHN SHAW LEIOU, ESQr and tt. B. B. H. BLDNDELL, Esq. DIRECTORS, &c., IN LIVERPOOL. CHAKLES TURNEK, E«Q., CHAinMAN.— JOHN CAMPBELL, Esq., nnd I. nU/»MLEY-MOOHE, ESQ.. Dbpdtt ChairMIN. RICHARD HAURORU, Esq., I RODiniT ELUSO.N HARVi:Y,E8Q., i R. lUlODlIL'UST HILL, K.^.j., ! THOMAS UYSON HORNBY, Esq., j JOHN CHARLES JACK, Esq., EDWARD JOHNSTON, Esq., ROGER LYON JONES, Esq., JAMES LAWRENCE, Esq., FRANCIS MAXWBLL, Esq., GKOKGK MAXWELL, Esq., ROBERT M'ANDREW, Esq., EDMUND MOLYNKU;', Esq. HENllY MOOUE, ESQ., WILLIAM SMITH, Esq., JOHN TORR, ESQ. OEORQE ARMSTRONG, Esq., RALPH BIIOUKLEUANK, Esq., MICHALL FOCSFIELD, Esq., DAVID C.\NNON, Esq., WILLIAM CLAXTON, Esq., THOMAS DOVER, Esq., ATJBITOaB.— WILLIAM TITHERI.VGTON, Esq., and JOHN DICKINSON, E«q. PHTSIOIAIT.— RICHARD FORMBY,M.D. STJEOKOIT..— HUGH NElLL,r.B.A.I. BTJEVITOIl.— SAMUF.L HOLME, Esq. BOLIOITOE.- SEPTIMUS BOOKER, Esq. MAHAOER & ACTUAET.— PERCY M. DOVE, Esq. BANKESS.-BANK OF LIVKUPOOL. DIRECTORS, &c., IN LONDON EDWARD MACKMURDO, Esq., DANIEL HENRY BUCKER, Esq,, WILLIAM WAINWEIGHT, Eia„ JOHN WESTMORLAND, Esq. SAMUEL BAKER, Esq., ROHEBT n. BYAS8, Esq., RICHARD COOKE COLES, Esq., BECmETA»Y TO THB LOKOOH BOABB.— J. B, JOHNSTON, Esq. 30LI0IT0E8.— Messus. JENKINSON, SWEETING, AND JENKIN80N 8TOOK0MS.-EUSEBIUS A. LLOYD. ^'»^^^^''^^:^^Z'i^'^y\"r-Sl^S^^^^ 'AOTUAEYl-tiRCY M^ DOT^E,^E?q.'^" ^'"'" B'"-'"*^'''-"'' Portmtn-qu.r.. SUEVEYOE.— John belcher, Esq. Mr. WIILIAM BELIB0U8E, of having been appointed Agent to the above Company for HAMILTON, begs to nnnouncc tliat he is prepared t- receive Proposals for FIRE and LIFE INSUKAKCE. The large Capital of tho Company and the number and inlluence of ita Proprietors, eniilile it to rani; with the most eligible Offlcea either in America or Europe with respect to the advantages offered to the Public. FIRE BRANCH. Persons assured by thii Company are not subject to any covenants or calls to make good losses which may happen to themselres or others, nor do they depend upon an uncertain fund or contribution, the Capital Stock of this Company being an unquestionable Security to the Assured in case of Loss or Damage by Fire. The Company have already established, and are novr establisliing Agents of the highest standing and positions in various part* of the World where Insurances niny" be effected with considerable advantages which will be communicated on ajiplication to the Agent. The Company has every desire to establish as reasonable a Rate of chai'gc us circumstnnces will adnxit of, in every c.tsc. LIFE BRANCH. number of Annual Payments. loneest of Two or Three liTei.— '''Ik- puti Assured tn be payable at the death of the lust survivor, or, rrivorihipi. — 'To secure tlie payment of the bum Assured, if a Life A die before another Life B. In addition to the more eustomary methods of Insurance, the Company likewise A«»urca Lives on any of the following continfenciM!— For the term of One Tear, SeTen Year*, or any other definite period. For the wbole conUnnance of Life.— 'I'he Premiums to cease after a limited For Two Joint Ijvee.— 'Thejiim Assured tobe paid on the death of either. On the lon|!;ett o On Surrivorihip.. -• ■-- ^^ ^... _ For a Sum to be poyable at age 60, or at death. Premiums on Credit.— A portlcn of the Premiums may remain on Credit. Assurances may be eflTlBCted In varlana ways, not enumerated, to meet the convenience of itartlei«. The important adrmitai'es aflurded by Hie Covipany in the Life Uranch will include iltc following, vi*.:— The Onarantee of an ample Capital and Exemption of the Asnired from laability of Partnership. The Assured neither having >o depend on an uncertain fund, imr bi'i:.^ in any w.iy accounlalde lor the payment of Chiinis. Moderate Premium!.- The Company, in determining- its charges for Assurances, under the various contlng-encies, dependent on human life, has availed itself of the "-ii-erience ol' ihc oldest and most prof,ierous London Oilices, and of the recent investifjations on the subject, made by the mo»> competent Mathematicians and Actuaries. Its Tables of Premiums cf.nspriuently avoid, on the one hand, an unnecessarily high rate of payment by the ired, and on the other, the danger resulting from inadequate chtjges. Large Participation of Profits by the Assured, amounting to Two-thinls of its net amount, which may be applied at the opuon of the partv elfectlne the Assurance:— U(.—i<.v (Ae immediate pai/ment oj the lumao apportioned ;—ind.— By an equiralent reduction of the future Premium! ;— or 3d.— By an equivalent increase q/ the mm asmred. Small Charge for Mann gement— The Expenses of the Office bein j borne in due proportion by the two Branches. Prompt Settlement of Claims —All claim? "ill be payable within three months after satisfactory proof of the death of the Life Assured. The Directors reservin? lo themselves tlie power to riischarfje any claim immediately on its being established. Policies lapsed by non-payment of the premium, niay be renewed within three months, by paying the premium with a fine of 10s. per cent, on the production of evitfein-e to the satisTiction of the fVlrectors ol the good state of health of the Life Assured. The Company will always be prepared to Purchase the Policies of this Office at their equitable value, or will grant a New Policy in lieu thereof »i/Aau( any farther jiayment qf Frrmium, for a sum to be agreed on. Assurances may he ettected when needed with the utmost secrecy and despatch. No entrance JMoney, nor any charge except for the I'olicy .-itamp. Extra Premiums, suitable tii Spcicial Circumstances, will be accepted, to enable a party possessing a Policy on the Life of another to guard againit the poMibillity (if its beini; vitiated by (he Life departing beyond limits, or by any other cause. TiiinTV Days am allowed for the I'AVMi.Ni of PiirMiu.^1),, after the day on which they respectively become due. Commission to Solicitors bringing Insuraiicea to this Company is allowed. Fbks to medical Ueferces are likewise granted by this Company. ADDITIONAL ADVANTAGES OFFERED TO LIVES ASSURED WITH THIS COMPANY AT HAMILTON, I.— RESIDENCE,— Persoas Assured for tlie whole Term of Life will have permission, without the payment of extra Premium, to reside in any part of Europe ; or, in any place in North America to the north of 38 degrees of North Latitude, but not to the westward of the Mississippi River. II.— VOYAGES.— They will also, if not seafaring by profession be allowed, without any extra charge, To cross and re-cross the Atlantic Ocean, in steamers or first-class calling vessels ; To pass from any part of Europe to any other, or from any part of North America to another, within the limits above specified ; also. To pass to and from, but not to reside in, any place which shall not be furtlier south than 35 degrees of North Latitude, but not to the westward of the Kia,3is3ippi Elver. PERCY M. DOVE, MANAGER AND ACTUARY. ExlraeU from the " Post Magatine," 'AUt August. 1850. ,, ^"?, ?''**u ^•"'"'"^^CE Company. Tho Annual Uepoit of the Koyai, Imsi-ranckComi-any at Liveroool, ami a commcnliUT upon it lu the " P.Jtt Mogszmc, have become as regularly conjoined as the Queen's speech on the openinif of Parliament, and the debate by which it is invariably followed. 'I'lis Managers of other Officea cannot charge us with partiality in these annual notices ; as the success of the Royal Insurance Company has been' of so reniarkubltj a nature aa almost to giye it a separate position from Assurance Societies of recent date. Wlmt may be the operations and raassiye results of the older Compames, such as the Eoyal K {change, tho Sun, the Globe, &e., &c., we have very imperfect means of knowing: as these Offices being beyond the Itej^trar a «(OT(ri«i7«(;c, are not 80 coramuiiicativo in rcHpect of then- afTairs as the Assurance t'ompanics formed .since the passing of the Kegistratim Act in 184.'} :— but the details furnished by the Offlces included in the late I'arliamenfciry lletum, shew that the Koyal Iniuranoe Company hai tranBacted an amoimt Of bUBineM and realiied profits with whUiL the operations of no other Society can be brought into comparison. Xho Annual Statemunt for 184H, opened with the foUowiag announcement of the result of tho Company's operations— " The statement of account which the Directors will lay before you will show— An amount to the credit of profit and loss for the paat year of jC27,804 2a. 4d. To the credit of reser^'ed fund of. 66,268 9 4 And to the credit of Re-assurance fund of 26,509 3 3 Making together £108,641 14 11 _ It V. ill, r J doubt, bo remembi ■ •". by many of our readers that the Directors, hardly knowing what to do with such an immense accumulation of proiit, deter- mined upon apj/.-opriating £89,280 01 tho balance in hand as an addition to the original paid-up capital ; which thus became eulorged to the vast sum of upwards ot a quarter of a million sterlmg ; the effect of the appropriation beuig, that every Shareholder, who held a thousand pounds in the oiiirinal stock of the Company, could, at once, turn it into £1,600 cunh. This mode of dee.liug with tho fund carried with it tho double advantage of giving increa.se(l seciirity to the Assurers whilst it iifforded to the Shareholder, who might desire an immediate realization of his £800, or other amount, the means of, at once, obtaining the money by deposing of a third of his shares— the remaining two-thirds stUl representing the amount of his original capital in the Company's stock. We remarked upon the transaction, at the time, that — i = ^ »■ i . " It must have been a question of serious deliberation with the Directors what to do with this immense surplus. Its division among the Pronrietori Tf" ii 1 iri"'-'"' ruBft "i'i'"'^^ per cent, on the amount of his shares-that is to say, a person who had invested il,000 in the Company, would hav,. been entitled to receive £660 as his share of the profits. Such a mode of appropriation, however, would have ben rao,st injudi,wral promim.cy, If the tem may be nsed, that w'ill give character to their institution, and enlarge to no small extent the business in which th(!y are engaged." . j ' b Prpn,^;n^»Tl^,!.'"iLl^°i^QP-'^/S'^AflVln r™/"' mwt'"S. ""l^WirinK ',1^ details with those of former years, we find that tho amount received for Fire ^„T fW finnn^T ^? '' ^^*I^^?,l°fi ^^;,i ^"""^ "''""' *2,20d more than the receipts in 1846-ratheV more than the amount received in 1847-and f. Miiif ' """'"P" °^ ^^*?- i''« entire receipts, under this head, from the opening of the Office, in June, 1845, to 31st Dec, 1848, stand asfoUows.— June, 1845, to December 31, 1846 £,'54,128 19a. Od Jan. 1, 1847, to December 31, 1847 34,187 5 5 Jan. 1, 1848, to December 31, 1848 31,346 1 g £U9,e62 6 2 Forming a grand total of nearly £120,000. The claims against the Company, during the cnnespondiiig periods, were— To December, 1346 ,£16,161 I83. 8d. „ 1847 12,726 5 11 .) 18-48 9,777 6 U £38,665 11 l,»n,i n?/\lIf„"!7lOT'ill^'« reniainuig balance hm been affected by the businessof the past year. After pa^Tnent of all expenses and losses there remains in determ- e ont to f ^I^nnUJ th^ « 'n!"n7 i r Extracts from the " Eeporter," September, 1850. The Rotal Insuhance Company,— Though strictly speaking, the history of the rise and progress of this great undertaking .Aould have been placed under the kindred heading of "New Companies and Societies," yet upon this occasion we must depart from the plan which we have laid down for our guidance in the compilation of these papers, as we consider that an institution wliich, on account of its intrinsic merits, its able monagotnent, and its adaptation to tlie commercial wants of great industrial communities, has been enabled, in five years, to raise itself to a commercial and financial position which some of the elder assurance companies have never apjiroached, and from which pleasing goal the whole of the new companies are a long way off, prc-eminentlv deserves to rank and take its place as a compeer with the best of the old, as it, by right, ranks at the head of the whole of the new undortiUiings of the kin.i. ' I'Q^'^Slen n -i^^port to which we have referred, it appears that the revenue of the fire department lost year, ending on the 31st December last, when it was £34,469 10s. 4d. exceeded the income of any year since the commencement of the company. But the business transacted from January to Jime in the present year exhibited a stUl greater increase— namely, of £4,000, or 28 per cent, more businc'ss than wns transacted during the corresponding period of lac t year. Of the Life Br.i.nch wo have oven greater success to record. In speaking of the society twelve months ago, we commented upon the fact that ths claims from death had been far below the calculated average. It .seems that but four deaths have occurred during tlie five years of the existence of the Company— just 80 per cent, less than tlie number that the rates were calculated to provide for ! We cannot too much compliment the Directore for accumulating a fund wluch, we find by calculation, would proviilc for six times the contingencies they can by any possibility be called upon to meet ; or wliich fund, looking at the experience of" the past, would provide for claims on account of the deaths of twenty persons, whilst during the prevalence of tlie jgreatest amount of mortality, tlie Company could not, unless the laws of nature wore rolled back, be called upon to pay for claims on account of the death of one person in twenty assured. So much for the means of the Company to meet every demand that may be made upon it. We thought that the succes,s of 1848 would not be outmatched by the success of 1849, Had the ratio been kept up we should have been satisfied, and our prophecies would have been fulfilled. The men of whom we have been speaking— the merchant princes of the manufacturing hives of industry, skill, and great mechanical ingenuity, are adepts at figures ; figures are as much their alphabet, as it is said their " ledger is their bible," After adding £89",280 in 1848 to the capital, and paying a dividend of 2s, per share, a sum of £10,433 143. Ud. remained, and w.is properly earned to the re-assurance fund in order that every proAnA/.? as well as improhnhl,'. contingency might be provided for, whereas at the close of the past year £27,809 17s. Id. liad been carried to the cretht of proht and loss, out of w hicli it was judged wise to pay a dividend of Three. ShiUitigs per share, being 5 per cent, on t\u> accumulated capital, or 71 per cent, on the amount of £2 paid by the sliareliolders five years ago. Extracts from the Report for the Year 1849 15;^ August, 18,50. . I'—FiKR Branch.— The steady progress and extension of this department arc sudi as fully to realise the e.^pectations fonued of it. The amount of fire prcmiiinis for the year 1849, which will be found to be £34,469 10». 4d„ exceeds the sum rcceivecrnnder that head in anv other year since the Company was established. ■ The Premiums collected during the first six months of the present year, amounting to £19,747, 128, 3d., exhibit a still more striking advance, as they show a surpliis, when compared witli the result of the corresponcUng months of the year 1849, of no less than 25 per cent, , . Ihe Directors tlunk they may ground on the experience of the past, a well-founded anticipation, that the further development of this branch of their business will lorm the congratulatory subjects of future reports, 2,— Life Branch,— 'I he position of the Life Branch of the Company is such as to give full satisfaction : and the Directors may here likewise lead tha proprietors with confidence to look forward to the time when the amount receivable for Life Premiums will form an important item in the rovcnues of the estabnsliment. One life only has dropped during the course of the past year, and since its close small claims have become payable en the deaths of two others. The total numlicr of di>aths, th, ivfore, in five years, has been but four; whilst if the averasre age of the lives insured by the (,'oiupnny be taken, and a computation lie made, found(?nr l.SiS stated that after the adoption of the plan proposed of capitalising £89,880, and p;nine n dividend of 'Js per share, there would remain but the sum of £io,43314a, Ud,, as a rr-assurancc fund t) meet an\ possible coutins,'enc\ . It will be gi-atifyiug fo the sliarelioUler.i now to leiini that no adverse ciivuuislauces bavins taken phice. the slatcinciit wliiidi will be prcssnlml to them will show an amount to the credit of piolit nud loss of £27,800 ITi. Id,, ns the result of the busiueis for tlif \ear 1H49,