Law Life Assurance Society's Act 1863

JurisdictionUK Non-devolved
Citation1863 c. clxi
ANNO VICESIMO SEXTO & VICESIMO SEPTIMO
VICTORIA REGENLE.
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Cap*
clxi.
An Act for enabling the Lmv Life Assurance
Society to sue and be sued in their own Name,
and for making further Provision with respect to
the Investment of their Monies; and for other
Purposes. [13th July 1863.]
W
HEREAS in the Year One thousand eight hundred and
twenty-four divers Persons engaged in the Profession of the
Law formed themselves into a Society or Partnership, under
the Name of the " Law Life Assurance Society" (in this Act called
"the Society"), for the Purpose of granting Assurances upon Lives
and Survivorships, and the joint Continuance of several Lives, and for
Terms of Years absolutely and contingently determinable on Lives: And Deed
of
whereas by a Deed of Settlement or Copartnership, dated the Twenty-
f^g^^d*'
second Day of March One thousand eight hundred and twenty-four, March 1824.
Provision was made for the Establishment of the Society, with a Capital
of One million Pounds in Ten thousand Shares of One hundred Pounds
each, whereof Ten Pounds a Share was to be (and accordingly was)
called and paid up, and for the Formation of Two Funds, the one
to be called " The Proprietors Guarantee Fund," and the other to be
called "The Assurance Fund," and for the Investment of Parts of
[Local] 27 N those

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