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THE STANDARD LIFE ASSURANCE COMPANY, ESTABLISHED 1825 CONSTITUTED BY SPECIAL ACTS OF PARLIAMENT. ANNUAL REPORT, 186T. mHE FORTY-FIRST ANNUAL GENERAL MEETING of the STANDARD LIFE JL ASSURANCE COMPANY was held at Edinburgh, on Wednesday the 8th of May 1867, H. MAXWELL INGLIS, Esq., P.C.S., in the Chair. THE MANAGER submitted to the Meeting— REPORT by the DIRECTORS as to the PROGRESS of the BUSINESS during the Year 1866. The Annual Report on the Books and Accounts by the Auditor of the Company, certifying that he had found the whole Accounts accurately stated and properly vouched. Balance-Sheet of the Company's Affairs, certified by the Auditor and three of the Directors, in accordance with the Acts of Parliament constituting the Company. A General and Comparative Statement explanatory of the Progress of the Business from 1825 to 1866. THE REPORT submitted by the DIRECTORS was shortly as follows:- The Board of Directors have again the pleasure of congratulating the Proprietors of the Company on its continued satisfac- tory progress On occasion of the last Annual General Meeting in the Spring of 1856, the Directors had the pleasure of reporting the pro- gress and completion of large and important negotiations—namely, the transfer of the business of the MINERVA and VICTORIA OFFICES, and the successful amalgamation with the COI.OXIAI, LIFE ASSURANCE COMPANY, all of which brought new connec- tions and varied advantages to the Institution. In May 1866 the satisfactory result of the Quinquennial Investigation into the Company's Affairs, and Division of profits, as at 15th November 1865, was reported, when the Company commenced the work of another lustrum, strengthened by its new and extended connections, supported on a broader basis, and full of confidence in the future, arising from the thorough inves- tigation which its Affairs had undergone with a successful and satisfactory issue. The first fteap-ofthe new period has been marked, the Directors have pleasure in reporting, by complete success not only as regards the New Business transacted, but what is equally, if not more, important, the thorough and complete retention of the interests and connections of those Companies whose business was transferred to, or amalgamated with the STANDARD. The New Business, however, is perhaps the most tangible exponent of this statement, and the Directors are satisfied to rely on it as the test of their assertion. T J_ HE following are the Results of the Business for the year under review :—■ AMOUNT PROPOSED FOR ASSURANCE during the year 15th November, 1865, to I 15th November, 1866, XI,439,927 0 4 NUMBER OF PROPOSALS FOR ASSURANCE, 2389 I AMOUNT OF ASSURANCES ACCEPTED, XI,190,281 11 2 NUMBER OF ASSURANCES COMPLETED, exclusive of Annuities, 2013 AMOUNT OF ANNUAL PREMIUMS on New Business. X38,918 19 11 AMOUNT OF CLAIMS BY DEATH, exclusive of Bonus Additions, X314,376 3 10 ANNUAL REVENUE, £ 675,267 6 8 ACCUMULATED FUND, X3,700,005 1 4 < These figures represent numerous interests and an important trust, not much fewer thijn 28,000 persons holding Policies from the Institution. They are also a sure test of the confidence placed in the Institution by the public and the Directors, impressed with the responsibility which such a trust involves, make it their study to conduct the business on the soundest principles, free from speculation or undue anxiety to make profits. In accordance with these principles, the Directors have confined the Investment of the Company's large Funds to thoroughly reliable securities, preferring for the great bulk of their Investments the Mortgage of land at fair rates of interest to increased returns on Investments of a less certain nature; and in proof of this they request attention to the following Statement, show- ing the Company's Investments as at 15th November, 1866 Mortgages and other Landed Securities, £ 2,535,7-18 14 6 Government Securities, 86,782 17 2 Loans on the Company's Policies within their Surrender Value, 198,610 2 5 Stocks and Debentures, 218,31396 Bank Balances, Agents' Balances, and Premiums in which Days of Grace are current, 323,675 2 0 Invested abroad in connection with Colonial business, 49,275 17 2 Life Annuities and Reversions purchased 34,403 14 9 Various other Investments, 253,195310 E-3,700,00,5 1 4 The Directors are satisfied that all interested will approve of this course of procedure. To all other points of Management the attention of the Directors is carefully directed. The records of the Company's tran- sactions have been brought into the most thorough state of efficiency, after giving effect to the transfers and amalgamation which have been carried through-a matter of the greatest importance in connection with transactions of such magnitude; and the endeavour of the Directors in future will be to conduct the Institution in such a manner as to devolop the resources at its command without seeking further extension ofits field of action, making it their study to produce as much profit as they can, consistently with liberal dealing, for the advantage of all interested. •> T X HE REPORT was unanimously adopted. THE ELECTION OF NEW DIRECTORS, to supply the places of those who retire by rotation, in terms of the Company's Acts of Parliament, followed. The Establishment was then constituted as follows for the ensuing year :— GOVERNOR,—HIS GRACE THE DUKE OF BUCCLEUCH AND QUEENSBERRY, K.G. -P. N ( THE RIGHT HON. THE EARL OF DALKEITH, M.P. DEPUTY-GOVERNORS, j THE RIGHT H0N THE EaRL qf STAIR, K.T. EDINBURGH, 3 AND 5, GEORGE STREET. ORDINARY DIRECTORS. CHARLES PEARSON, Esq., C.A. I ANDREW BLACKBURN, Esq. I ROBERT HUNTER, Esq. J. HAY, Esq., Merchant, Leith. W. S. WALKER, Esq., of Bowland. JOHN DUNDAS, Esq., C.S. T. MENZIES, Esq., Merchant, Leith. Sir J. Y. SIMPSON, M.D., Bart. Yl. JAS. DUNCAN, Esq., Manager of GEORGE MOIR, Esq., Advocate. JAME-, VEITCH, Esq., of Eliock. Pt A-T:JJE National Bank of Scotland. H. MAXWELL INGLIS, Esq., P.C.S. J. Lindsay, Esq., Woodend. lzw WOOD, Esq., M.D. H. DAVIDSON, Esq., Merchant. JAMES HOPE, Jun., Esq., W.S. V^MO.NCREIFF, Esq., C.A. T. GRAHAM MURRAY, Esq., W.S. Manager and Acturary,—WILL. THOS. THOMSON, F.R.S.E. Ho?ae Sec?-etary,-THOMAS ROBERTSON. Colonial and Foreign Secretary,-D. CLUNINE GREGOR. Accountant,-A. WOOD STEWART. Joint A etuary,-SPENCER C. THOMSON, B.A., Cantab. A itd,t'tor,-C-TIARLES PEARSON, C.A. Physician,-PROFESSOR CHRISTISON, M.D. Banken-THE BANK OF SCOTLAND; THE ROYAL BANK OF SCOTLAND. LONDON, 82, KING WILLIAM STREET. CHAIRMAN OF THE BOARD.-THE RIGHT HONOURABLE LORD ELCHO, M.P. ORDINARY DIRECTORS. ALEXANDER GILLESPIE, Esq., Heathfield, Walton-on-Thames J. NESBITT, Esq., 42, Eastcheap. LESTOCK ROBERT REID, Esq., 122, Westbourne Terrace. J. C. DIMSDALE, Esq., Banker. FRANCIS LE BRETON, Esq., 21, Sussex Place, Regent's Park. W. RATRAY, Esq., 41, Tavistock Square. T. H. BROOKING, Esq., Merchant, New Broad Street. CHARLES HEMERY, Esq., 28, Threadneedle Street. J. G. FRITH, Esq., Old Broad Street. Lieutenant-Colonel JAMES D. G. TULLOCH. T. H. BROOKING, Esq., Merchant, New Broad Street. CHARLES HEMERY, Esq., 28, Threadneedle Street. J. G. FRITH, Esq., Old Broad Street. Lieutenant-Colonel JAMES D. G. TULLOCH. General Secretary for Enyland,-HENRY JONES WILLIAMS. Inspectors,-GEORGE EDWARDS STEPHEN HUDSON. Medical Officers,-A. TWEEDIE, M.D.; R. H. SEMPLE, M.D. .Bankers,- LONDON & WESTMINSTER BANK; LONDON & COUNTY BANK; MESSRS. DIMSDALE, FOWLER, & BARNARD, Cornhill. • LONDON.—WEST-END OFFHJE-3, PALL MALL EAST, S.W. BOARD OF DIRECTORS. Colonel JAMES HOLLAND (late Quarteraaaster-General, STEPHEN WALCOTT, ESQ., 17, Lansdowne Crescent, Ken- Bombay), 24, Princes Square, Hyde Park, W. sington Park. J. R. THOMSON, Esq., of J. R. Thomson & Co., St. Peter's R. M'KERRELL, Esq., 45, Inverness Terrace Bavswater W. Chambers, Cornhill. P. P. Blyth, Esq., 53, Wimpole Street Cavendish SMI'are J. FLEMING, Esa., of Messrs. Robinson and Fleming, of Austin Friars square. Resident Secretary,—SAMUEL R. FURGUSSON. Inspector,—JOHN O'HAGAN. Medical Officers,— HENRY OLDHAM, M.D.; SAMUEL SOLLY, Surgeon. BY ORDER OF THE DIRECTORS, WILL. THOS. THOMSON, Manager. H. JONES WILLIAMS, Geneml Secretary for England. FURTHER INFORMATION can be obtained by application at the Offices of the Company in Edinburgh, London, Dublin, and Glasgow, or at any of the Agencies which have been established in almost every Town of importance throughout the Kingdom. COLONIAL AND FOREIGN ASSURANCES.—Assurances granted on the Lives of persons proceeding abroad. Branch Offices and Agencies in India and all the British Colonies, where Pre- miums ean be received and Claims settled T nxrnnu i 82, KING WILLIAM STREET, E.C.; AND LONDON, { PALL MALL EAST, S.W. EDINBURGH, 3 AND 5, GEORGE STREET, (HEAD OFFICE). DUBLIN, 66, UPPER SACKVILLE STREET. Agent for Brecon—Mr. JOHN EVANS, Post Office. FIRST BRECKNOCKSHIRE RIFLE BRECKNOCKSHIRE TOITOTEER CORPS. COUNTY COURTS. ORDERS for the Week ending JUNE, 8th, 1867. „ „ j v r n T These courts will be holden at the places and times Officer on duty—Ensign John James. fnlWino- ■— Orderly Sergeant—John Morgan. „ Corporal-J. P. Davies. Brecknock—Friday, June 21st. Full Dress Parade op Wednesday, the 29th Crickhowell—Wednesday, June 5th. instant, fall in at 7 p.m. These Courts are held only in alternate months. Recruit Drill on Monday and Friday, at 7 p.m. r ag+ T)av for Sprm'rp The band will practice on Thursday, at 7 p.m. Last Uay lor bervice. By Order, Brecknock—May 13th; June 10th. PENRY LLOYD, ————————————————————————— Orderly Rooms, Watton, Capt. Commanding. YANKEE RELISH—R. LETCHFORD, & Brecon, May 30th, 1867. ,I ± CO., LONDON. BOROUGH OF BRECON. 19 GAS SUA RES FOB SALE. MB. JAMES HALL WILL OFFER BY AUCTION, AT THE WELLINGTON HOTEL, On WEDNESDAY, the 5th day of June, 1867, THE above number of unallotted Shares in the Brecon Gas Company, Limited, in the follow- ing Lots for the convenience of purchasers: Lot 1. One Share in the above Company. 2. One ditto ditto 3. One ditto ditto 4. Two ditto ditto 5. Two ditto ditto 6. Two ditto ditto 7. Three ditto ditto 8. Three ditto ditto 9. Four ditto ditto The. Sale will tahe place at 7 p.m. The Auctioneer most respectfully calls the at- tention of small capitalists and others to the above Lots as being a first-class and eligible investment. Ca,e Prior, Brecon, May 27th, 1867. THE BANKRUPTCY ACT, 1861. In the County Court of, Brecknockshii-e holden at Brecknock. IN THE MATTER OF JOHN BEEDLE of the Odd Fellows Arms Inn, Pencelly, in the parish of Llanfigan, in the County of Brecknock, Beerhouse-keeper and Laborer, adjudged Bank- rupt on the 30th day of March, 1867. An Order of Discharge will be delivered to the Bankrupt after the expiration of thirty days from this date, unless an appeal be duly entered against the Judgment of the Court, and notice thereof be given, to the Court. Dated the 24th day of May, 1867. THOMAS C. PERKS, High Bailiff.

: LOCAL AND DISTRICT NEWS.…

BRISTOL BANKRUPTCY COURT.

FOREIGN AND BRITISH BREEDS…

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BRECON AND MERTHYR SECTION.

- MID-WALES RAILWAY. I1;

Brecoii&-I IM-er-t-liyr. I.Mid-Wales…

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