This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1856 Excerpt: ...the Life"--" Most confidential. His life has been rejected in two offices. I am told he drinks. His brother insured his late wife's life for many thousands, and after first payment she died. Se cautious." The proposal to the Indisputable Office originally came through a Mr. Webb, who said that a friend of his, a solicitor in Old Boswell-court, was requested by Pratt to got an insurance effected somewhere for about £14,000. Mr. Robertson, the secretary of the office, said he would make inquiry; and inquiry having been made, the proposal was declined. The united premiums upon the six policies, taking them all round at £5 9s. per cent., the per centage charged by the Prince of Wales Office, would amount to £4,469 per annum, a sum which it was very improbable that William Palmer could have paid, considering that he had to get a bill for £1,500 discounted by Pratt, to enable him to pay the premium on the Prince of Wales policy. On the 31st of January Pratt wrote to William Palmer, stating that he had got the £13,000 policy from the Prince of Wales, and that" it was now all right. Ill other letters to Palmer he cautions him against pressing on the other insurances too fast, adding, "What would the Sun or Norwich Union say (these offices had not then paid the claims made upon them in respect of the death of Mrs. Palmer) of your speculations, if the Solicitors' and General Office were to offer them any of the risk?" The proposal was made to the Gresham on the 28th of July, 1855; but the office refused to accept it, unless upon the condition that no claim should be made, under any circumstances, for five years. Walter Palmer was very anxious to have his life insured, as his brother William had promised to lend h...
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