MEMORANDUM ON FINANCIAL RESOLUTION. This Resolution is proposed in order to enable a Bill to be introduced providing among other things for the payment, out of moneys furnished by Parliament, of £9,000 in each year during the five years after the commencement of the Act, towards the expenses of the Imperial Institute, and thereafter, such sum (if any) as Parliament may determine; and such additional sum (vide following paragraph) towards the maintenance of Exhibition Galleries at the Institute as Parliament may from time to time determine. Under the scheme of re-organisation to which the Bill is designed to give effect the Imperial Institute and the Imperial Mineral Resources Bureau will be amalgamated. The total annual cost of maintaining the combined institution (including the expenses of the Exhibition Galleries) is estimated at £44,000. To meet this expenditure the Institute will provide from its own resources, i.e., interest on the Endowment Fund, the North Gallery Annuity, fees for investigations and research work, etc., about £6,000 per annum. An annual contribution of £5,000 for a period of five years having been promised from a private source, £33,000 remains to be raised by fixed annual grants by the various Governments of the Empire. This sum is to be obtained in almost equal shares from three main groups of contributory Governments, viz., the United Kingdom, the Dominions and India, and the Colonies and Protectorates. The United Kingdom's share is estimated at a sum not exceeding £12,000 per annum, of which £9,000 will be provided for the main work of the Institute, and the remainder as a contribution towards the up-keep of the Galleries. The annual grant of a sum not exceeding £12,000 will take the place of the separate contributions paid in former years by the Exchequer to the Imperial Institute and the Imperial Mineral Resources Bureau. His Majesty's Government made a contribution to the Institute of £10,000 in 1922-23 and of £4,427 in 1923-24; and to the Bureau of £8,000 in 1922-23, and £7,000 in 1923-24. NOTE. It is proposed that the Chairman of the Board of Governors of the Imperial Mineral Resources Bureau should become Chairman of the Advisory Council for Minerals of the reconstituted Institute. One-half of a salary of £1,500 for all services to the Bureau was deemed to attach to the former office, and was provided by vote of Parliament apart from the Grant to the Bureau. Similarly one-half of a salary of £1,000 will be deemed to attach to the new office and will be proposed for vote by Parliament in addition to the sums provided in the present Financial Resolution. COLONIAL Office. February, 1925. Printed under the authority of His Majesty's Stationery Office by the South Essex Recorders, High Road, Ilford. (4904) Wt, 24816-1394 1M 225 S.E.R., Ltd. Gp. 56. REPORT OF THE INDUSTRIAL ASSURANCE COMMISSIONER FOR THE YEAR ENDED DECEMBER 31ST, 1924. (Presented pursuant to the Industrial Assurance Act, 1923 (13 & 14 Geo. 5 cap. 8), Section 44.) Ordered, by the House of Commons, to be Printed, 25 May, 1925. LONDON: PRINTED & FUBLISHED BY HIS MAJESTY'S STATIONERY OFFICE. To be purchased directly from H.M. STATIONERY OFFICE at the following addresses Adastral House, Kingsway, London, W.C.2; 28, Abingdon Street, London, S.W.1; York Street, Manchester; 1, St. Andrew's Crescent, Cardiff; or 120, George Street, Edinburgh; or through any Bookseller. 1925 Price 2s. Od. net. 106 ... Deposits of collecting societies and postponement of deposits. Free policies and surrender values. (Section 24) Courts (Emergency Powers) Act policies. (Section 28) Applications in cases of doubtful existence. (Section 32 (2)) B. Collecting Societies. (1) Societies entitled to collect any- where. (2) Societies not entited to collect more than ten miles from the registered office Appendix III.-Inspector's reports. (1) United National Friendly Assurance Collecting Society (2) City Mutual Assurance Collecting Society (3) Legal Co-operative Collecting Society Appendix IV.-Statement of the effect of certain provisions of ... ... Statement of the effect of Section 62 of the Friendly ... ... Page. 91 93 Appendix V.-Reports of selected cases heard by the Industrial 94 ACCIDENT. Frederick Leach and the British Legal Life Assurance Company, Limited, and Mary Wild and the Same.-Accident.-"Death from accident."-Death accelerated by accident.-Misstatements in proposal form.-Evidence. Death from bronchitis and old age accelerated by a fall is "Death from accident" within the meaning of a policy COLLECTION OF PREMIUMS, see JURISDICTION. Lily May Silk and the Prudential Assurance Company, Limited.-- FORFEITURE NOTICE. 94 98 Thomas McClure and the Salvation Army Assurance Society, The issue of a subsequent forfeiture notice operates as a waiver of a previous forfeiture notice ... Mary Elizabeth Blagdon and the Britannic Assurance Company, ... ... service Eliza E. Lewis and the Hearts of Oak Assurance Company, Limited. -Forfeiture notice.-Service by post.-Wrong address Samuel Henry Franks and the Britannic Assurance Company, Limited.-Forfeiture notice.-Alleged incorrectness of amount stated.-Service by post ... Ethel Conlon and the Britannic Assurance Company, Limited.Forfeiture notice.-Alleged waiver by acceptance of portion of arrears of premiums during days of grace. A forfeiture notice is not waived by acceptance of a portion of the arrears during the days of grace JURISDICTION. Julia O'Neill and the London General Insurance Company, Limited. -Jurisdiction.-Dispute between policy-owner in Irish Free State and British Company.-Collection.-Refusal of company to collect. Breach of contract.-Measure of damages LIEN. Ada Smith and the Pearl Assurance Company, Limited.-Lien.-Own life policies.-Premiums paid by third party.-No assignment Frances Mogg and the Refuge Assurance Company, Limited.--- 53067 ... 105 106 A 2 |