HC Deb 13 November 1893 vol 18 cc775-6
MR. A. C. CORBETT (Glasgow, Tradeston)

I beg to ask the Attorney General whether he is aware that, in 1890, the Universal Insurance Loan and Investment Company of Leeds took over policies which had been issued by the People's Universal Life Assurance and Sick Fund Friendly Society, affixing thereto a Memorandum declaring that such policies should, as regards benefits and the amount secured, stand as if originally issued by the Universal Insurance Company of Leeds; and that the Universal Insurance Company of Leeds has since been receiving, from the holders of such policies, premiums during the last three years upon the faith of this Memorandum; and whether he is aware that upon the maturing of such a policy in December, 1892, Mr. John Mackenzie, of 17, Gladstone Place, Woodside, Aberdeen, received, from the said company, notice of its inability to pay the claim, and that no payment of the claim has yet been made, although the company is now receiving premiums on such policies from the working classes; and, if so, whether the Public Prosecutor can be directed to take steps to prevent the company obtaining such premiums under the false pretence that it will meet the claims upon the policies upon their maturing?


I know nothing of the facts, but will refer to the Public Prosecutor any important statement put before me.