150 Assurance Transactions
150 ASSURANCE TRANSACTIONS. The following losses by Fire, since the formation {)f the Company in October 1844. have been sustained and dis charged. namely:- Policy, No. 101, J. T. Pocock & Co" Cape Town,_ £2 4 0 . " ,,763, G. C. Greffrath, do.___ 5 0 0 " ,225, J. Golding, do.___ 20 0 0 " 845, Parker & Smithers, do,,___ 44 0 0 " 100, J. T. Pocock & Co., do.___ 13 6 6 " 6'26, James Barnes, Caledon, ____ 4 0 0 ,. 632, Thos. Loxton, Wynberg, ____ 75 0 0 " 444, John Barry, do.______ 3 0 0 " 967, J. W. Meyer, do._______ 3 10 0 " 997, F. Stanley, Port Elizabeth, ___ 222 14 0 Total,____ £392 14 6 In the Trost Branch the Directors beg to impress on the Shareholders the necessity of their using their influence to a greater extent, and of their giving more general support to the Offioe in the administration and management of Estates, as Executors, Tutors, Guardians, Curators, Administrators, Trus tees, Assignees, or Agents. The working of the Insolvent Ordinance is opposed to the interests of the concurrent Creditors, by throwing nearly every Estate into the bands of a few prefermt Creditors, whose claims on the Estate are secured, thus taking all power out of the hands of the former. The Shareholders wiH bear in mind, that" Union is strength," and without which it cannot be expected that any pl'ofitable business can be conducted by the Office. The various items in the Accounts now before you, will show that the ordinary expenses of management for the past year amount to Three Hundred and Forty-six Pounds and Eightpence (3461.
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