Parliamentary Papers, Volume 21H.M. Stationery Office, 1853 |
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Page 7
... mutual assurance company is established there is no fund whatever to answer any loss that may arise . 88. There is no deposit of capital made at all ? -No , no deposit ; there is no capital ; the capital is the actual premiums paid for ...
... mutual assurance company is established there is no fund whatever to answer any loss that may arise . 88. There is no deposit of capital made at all ? -No , no deposit ; there is no capital ; the capital is the actual premiums paid for ...
Page 8
... company to amend the deed in that particular ? -Certainly . I alter it myself ; I peruse the deed the same as if I ... mutual assurance company , containing a covenant that appeared to defeat the very object of a mutual assurance company ...
... company to amend the deed in that particular ? -Certainly . I alter it myself ; I peruse the deed the same as if I ... mutual assurance company , containing a covenant that appeared to defeat the very object of a mutual assurance company ...
Page 9
... company to be , such as the purchase of land , for instance , for general purposes ; say that is contrary to the ... Mutual insu- rance is a different thing to proprietary ; where A , B , and C are the parties who are proprietors in the ...
... company to be , such as the purchase of land , for instance , for general purposes ; say that is contrary to the ... Mutual insu- rance is a different thing to proprietary ; where A , B , and C are the parties who are proprietors in the ...
Page 10
... company ? -- I should do so , because they were each mutually assuring the other . It It is not like a proprietary company , where A and B enter into a contract with C and D , but A , B , C and D ) enter into a mutual contract to assure ...
... company ? -- I should do so , because they were each mutually assuring the other . It It is not like a proprietary company , where A and B enter into a contract with C and D , but A , B , C and D ) enter into a mutual contract to assure ...
Page 11
... company , but it is every one F. Whitmarsh , Esq . stipulating with each other ; if they have stipulated that as ... mutual societies , exactly upon the same footing as you would treat proprietary companies ? -I should say as to mutual ...
... company , but it is every one F. Whitmarsh , Esq . stipulating with each other ; if they have stipulated that as ... mutual societies , exactly upon the same footing as you would treat proprietary companies ? -I should say as to mutual ...
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Common terms and phrases
11 April 27 June Act of Parliament actuary annual annuities apply assets assurance offices assurance societies auditors average balance-sheet believe bona fide calculation called cent Chairman Chambers claims clause Committee complete registration condition consider Cowan deed of settlement directors established existing expenditure expenses fact Freshfield friendly societies give Glyn Government guarantee fund instance Institute of Actuaries institutions interference invested investigation J. A. Smith Joint Stock Companies liabilities lives loss Martinmas means mode Mullings mutual assurance company mutual company mutual office object opinion paid pany particular parties payment persons premiums received principle profits proportion proprietary company prospectus provision provisional registration question rate of interest receipts reference regard registered Registrar respect risk shareholders shares solvency Sotheron statement Stock Companies Act subscribed sufficient sum assured suppose thing transactions valuation Whitsunday whole
Popular passages
Page 356 - Every violation of this act shall subject the party violating to a penalty of five hundred dollars for each violation, which shall be sued for and recovered in the name of the people, by the district attorney of the county in which the company or...
Page 356 - Secretary of State shall cause the same to be published in at least one newspaper in each county of the State where a newspaper is published, for three months preceding...
Page 357 - State, to cause their books to be opened for the inspection of the person or persons so appointed, and otherwise to facilitate such examination so far as it may be in their power...
Page 357 - ... said penalty, when recovered, shall be paid into the treasury of said county and the other half to the informer of such violation...
Page 357 - Court for an order requiring them to show cause why the business of such company should not be closed ; and the Court shall thereupon proceed to hear the allegations and proofs of the respective parties ; and in case it shall appear to the satisfaction of said Court that the assets and funds of...
Page 87 - ... court for an order requiring them to show cause why the business of such company should not be closed, and the court shall thereupon proceed to hear the allegations and proofs of the respective parties : and in case it shall appear to the satisfaction of...
Page 357 - The supreme court shall have power to refer the application of the attorney-general to a referee, to inquire into and report upon the facts stated therein.
Page vi - England, and among other conclusions the committee advanced the view that "the ground hitherto occupied by these useful institutions (life insurance associations) has been comparatively limited, and that their application is capable of a great extension not only in the higher and middle classes of society, but also among the humbler classes, to whom it has recently been very considerably applied.
Page 181 - BE IT ENACTED, by the Queen's Most Excellent Majesty, bv and with the advice and consent of the Lords Spiritual and Temporal and Commons in this present Parliament assembled, and by the authority of the same, as follows (that is to say) : — 1.
Page 357 - It shall not be lawful for any person to act, within this state, as agent or otherwise in receiving or procuring...