Annals, Anecdotes and Legends: A Chronicle of Life AssuranceFrancis, John, of the Bank of England
History
Annals, Anecdotes and Legends: A Chronicle of Life Assurance
Francis, John, of the Bank of England
Life insurance
In the blindness of
passion, occasioned by the quarrel, they went before a magistrate and
made statements of each other so startling and so fearful, that the
magistrate dismissed the case, believing them all unworthy of credit;
and it may be presumed they did not tempt Providence in a police office
again.
When this news reached the offices, they grew alarmed, and taking
advantage of the false position in which she had placed herself,
insisted on returning the money she had paid them, demanding at the
same time the receipts she had taken. At first she indignantly
refused; but the offices not being very delicate in the threats they
held, this adventuress, as extraordinary a person as ever figured
in romance, yielded the point, and released the companies from the
liabilities they had incurred.
Her future life is quite uncertain, as she went abroad with her
husband, who after some time returned with a constitution as shattered
as if some subtle and poisonous drug had been instilled into his
system. The lady went her way, was seen no more in England, or at least
speculated no more in insurances on lives.
* * * * *
A. B. was the proprietor of an entailed estate, and much involved in
his affairs. His life was insured for the benefit of his creditors for
14,000_l._ In 1819 he intimated by letters his intention of putting an
end to his existence in order to free himself from his embarrassments,
and soon after his clothes were found on the banks of a deep river,
from which it was inferred that he had carried his intention into
effect.
Circumstances, however, created a suspicion that he was still alive,
and the creditors kept the insurances in force by continuing to pay
the premium for some years; but his existence, though believed, could
not be proved, and was not known for certain until his death actually
occurred in America upwards of five years afterwards, previous to which
the payments had all ceased.
* * * * *
Public-domain text, read in full here on John Shaqi.
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