Towns > Edinburgh > 1832-1838 - Gray's annual directory > 1833-1834

PART FIFTH.
Ixxix
PELICAN LIFE ASSURANCE, ANNUITY,
AND ENDOWMENT OFFICES,
Lombard Street, and Spring Gardens,
London ;
And No. 14, George Street, Edinburgh.
directors.
Matthias Attwood, Esq. M. P.
W. Stanley Clarke, Esq. F.R.S.
John Coope, Esq.
William Cotton, Esq. F.R.S.
Sir William Curtis, Bart.
William Davis, Esq.
Sir Charles Flower, Bart. Alderman.
James A. Gordon, Esq. M.D.
Hugh Hammersley, Esq.
Sir William Heygate, Bart. Alderman.
John Petty Muspratt, Esq.
William Samler, Esq.
George Shum Storey, Esq.
Matthew Whiting, Esq.
Thomas Parke — Secretary.
ADVANTAGES OFFERED BY THIS COMPANY.
A very low rate of Premium, and freedom from
all liability of partnership.
A large invested capital in the public funds, for
the security of the assured.
Payment of claims in three months after death.
Extension of time for payment of renewal Pre-
miums to thirty days.
Permission to pass, in decked vessels, along the
shores of Great Britain and Ireland, and between
them and the opposite shore from Hamburgh to
Bourdeaux.
A tender of arbitration in all disputed cases.
Purchase of Policies on the most liberal terms,
when the object of an Assurance has been effected,
or individuals are unable to continue their annual
payments.
Endowments on children attaining the ages of
fourteen or twenty-one years.
Annuities granted on the most equitable terms,
under a special Act of Parliament.
Board of Management for Scotland.
Sir Francis Walker Drummond, Bart.
Archibald Anderson, Esq.
Alexander Hunter, Esq. W. S.
Adolphus M. Ross, M.D.
Alexander Brodie, Esq.
James Balfour, Secretary.
SCOTTISH EQUITABLE LIFE
ASSURANCE SOCIETY.
THIS is a Society for Mutual Assurance,
on the model of that eminently successful
and celebrated institution, the Equitable Assurance
Society of London. It has been demonstrated by
the experience of the Equitable and every other
Life Office, that the existing rates of contribution
or premium are adequate, not merely to payment
of the sums assured, but also to afford a large surplus
fund or profit.
In the Scottish Equitable all these profits are
divisible periodically amongst the policy holders,
who are thus assured upon the most advantageous
terms possible ; for it must be obvious to any one
who will consider the subject, that as the policy
holders do themselves exclusively derive the whole
benefit arising from the surplus by which the contri-
butions or premiums exceed what may be absolutely
necessary for paying the sums specifically assured.this
is equivalent to assuring them at the lowest possible
rate. Whatever they contribute beyond the sum
absolutely indispensable, reverts to them in the
shape of bonus. Beyond all question, therefore, it
is more beneficial to join this Society than to resort
to any proprietary company, because it is inherent
in every such company to retain and appropriate
to its partners either the whole of the profits, or
a large share thereof. Whoever, therefore, resorts
to a proprietary office in preference to a mutual
assurance society, makes an injudicious choice, and
a great sacrifice.
The Scottish Equitable Assurance So-
ciety has been eminently prosperous, and there
can be no doubt that at the first periodical division,
a large bonus will be declared.
Every facility and accommodation which any
life establishment can safely afford to those who
transact with it, will be given to members of the
Society.
ROBERT CHRISTIE,
Accountant in Edinburgh, Manager.
ROBERT GIBSON, Secretary.
Head Office,
No. 1, George Street, Edinburgh.
THE MANCHESTER ASSURANCE
COMPANY,
FOR assurance against fire, and on lives
AND SURVIVORSHIPS, PURCHASE OF
ANNUITIES, REVERSIONS, &C.
OFFICE, 47, KING STREET, MANCHESTER.
CAPITAL, TWO MILLIONS STERLING.
(established MARCH, 1824.)
THIS Society is established upon prin-
ciples affording important advantages to the
assured, combined with perfect security ; a deposit
of ten per cent of the capital, amounting to Two
Hundred Thousand Pounds, having been paid up
by the shareholders, which is held as a guarantee
fund for claims.
FIRE DEPARTMENT.
The Assured are entitled to one-third of the
Profits, without any liability on their part to the
LIFE DEPARTMENT.
The Assured are entitled to two-thirds of the
Profits, without any liability on their part to the
losses.
The Premiums charged are lower than those of
the majority of other offices.
The business of the Life Department is kept dis-
tinct from that of the Fire ; and the Life Assurance
Fund is not liable to make good any losses arising
from the Fire Assurance business.
No part of the accumulations of the Life Assu-
rance fund is appropriated for payment of interest
to the shareholders.
The Rates of Premium, and all other particulars,
may be obtained on application to
FRANCIS BURKE, Accountant,
Agent for Edinburgh.
Office, 47, York Place.
AGENTS.
Glasgow — Messrs James and Thomas Tassie.
Dundee— Alexander Robb, merchant.
Aberdeen — .Alexander M'Donald, Advocate,
Perth — William Greig, Solicitor.
Dumfries — Mr Robert Wallace, Writer.
Greenock — Mr D. Fergusson.