Good Moaning! - Just come across the legal definition of TONTINE and as it has just appeared in a recent query I thought some may like a sight of it? "A speculative arrangement for raising money, whereby the persons contributing to the sum raised receive in return an annuity divisible among them during their lives, the whole of the annuity being receivable ultimately by the last survivor for the remaining term of their life" Kind Regards June & Roy http://www.btinternet.com/~roy.cox/index.htm

In message <!~!UENERkVCMDkAAQACAAAAAAAAAAAAAAAAABgAAAAAAAAAhE8CT1AVkES4n n1C4wtrT8KAAAAQAAAApBP5SDYhbUC8UjNO8Y0vdwEAAAAA@btinternet.com>, Roy <roy.cox@btinternet.com> writes >Good Moaning! - > >Just come across the legal definition of TONTINE and as it has just appeared >in a recent query I thought some may like a sight of it? > >"A speculative arrangement for raising money, whereby the persons >contributing to the sum raised receive in return an annuity divisible among >them during their lives, the whole of the annuity being receivable >ultimately by the last survivor for the remaining term of their life" There was a splendid film, called ? the Wrong Box' with Peter Sellers when he was still funny. The tontine had reached a point where there were only two or three old men alive and their families were working their socks of to eliminate all but their man, and to pretend he was alive when he was recently deceased. so they would inherit the money from the 'last named' -- Eve McLaughlin Author of the McLaughlin Guides for family historians Secretary Bucks Genealogical Society