London Assurance Companies Act 1830
| Jurisdiction | UK Non-devolved |
| Citation | 1830 c. lxxiv |
| Year | 1830 |
ANNO UNDECIMO
GEORGII IV. REGIS.
****************************************************
Cap.lxxiv.
An Act to enable the London Assurance Companies
and their Successors to purchase Annuities upon
or for Lives, and also to lend Money or Stock
upon Mortgage, for the Purpose of Investment.
[29th May 1830.]
W
HEREAS an Act was passed in the Sixth Year of the
Reign of His Majesty King George the First, intituled
An Act for better securing certain Powers and Privileges 6
G.
l. c.
18.
intended to be
granted by His Majesty by Two Charters, for Assurance
of Ships and Merchandizes at Sea, and for lending Money upon
Bottomry ; and for restraining several extravagant and
unwarrantable
Practices therein mentioned: And whereas His said Majesty, by Charters to
Charter under the Great Seal of Great Britain, bearing Date at
l'ondo"ce
Westminster
on or about the Twenty-second Day of June One thousand dated 22 June
seven hundred and twenty, and in pursuance of the aforesaid Act of
1720,
and
Parliament, did incorporate divers Persons therein named, to be a
29
April
1721.
Corporation in Deed and in Name, and to have a perpetual Succession
and a Common Seal by the Name of " The London Assurance/' for
insuring Ships and Goods at Sea or going to Sea, and for lending
Money upon Bottomry, to raise a Capital of One million five hundred
thousand Pounds, and. to make Bye Laws and Regulations for the
good Government
thereof,
so as such Bye Laws were not repugnant
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