London and Its Environs Described, vol. 1 (of 6): Containing an Account of Whatever is Most Remarkable for Grandeur, Elegance, Curiosity or Use, in the City and in the Country Twenty Miles Round ItAnonymous
History
London and Its Environs Described, vol. 1 (of 6): Containing an Account of Whatever is Most Remarkable for Grandeur, Elegance, Curiosity or Use, in the City and in the Country Twenty Miles Round It
Anonymous
London (England) -- Description and travel -- Early works to 1800; London (England) -- Gazetteers -- Early works to 1800
However, at a general court held May 12, 1757, an order was made for
farther augmenting the dividends on claims, so as that for the future
they will not be less than 125_l._ each claim, but yet may happen to
be considerably more, which has been the case of several former years.
The advantages from becoming members of this society are such as
follow:
To clergymen, physicians, surgeons, lawyers, tradesmen, and
particularly persons possessed of places or employments for life: to
such parents, husbands, or wives, and other relations, whose income is
subject to be determined or diminished at their respective deaths, who
by insuring their lives by means of this Society, may now in all
events leave to their families a claim, or right, to receive a sum not
less than 125_l._ for every five pounds annually paid in, and very
probably a larger sum, as appears by the above account.
To married persons, more especially where a jointure, pension, or
annuity depends on both or either of their lives, by insuring the life
of the persons intitled to such annuity, pension or jointure.
To dependents upon any other person intitled to a salary, benefaction,
or other means of subsistence, during the life of such person, whose
life being insured in this society, either by themselves, or by the
person upon whom they are dependent, will intitle them to receive upon
the death of such person, a sum not less than 125_l._ for each number
so insured.
To persons wanting to borrow money, who by insuring their lives, are
enabled to give a collateral security for the money borrowed.
To creditors intitled to demands larger than their debtors are able to
discharge, such debtors may, by a like insurance, secure to their
creditors their principal sums at their deaths.
Public-domain text, read in full here on John Shaqi.
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