Towns > Edinburgh > 1846-1975 - Post Office Edinburgh and Leith directory > 1872-1873

36 EDINBURGH AND LEITH
HERITABLE SECURITIES
INVESTMENT ASSOCIATION (LIMITED).
Ilegistmb nnbtx ' E}^t Campanus ^tt, 1862.'
AUTHOEIZED CAPITAL, £500,000. SUBSCRIBED CAPITAL, £250,000.
DIRECTORS.
Alexander Wood, Esq., M.D., 36 Moray Place, Chairman.
John Boyd, Esq. of Maxpoffle, 2 York
Place.
John Purdie, Esq., 12 Buckingham Terrace.
jAitES FoRMAN, Esq., Advocate, 6 Drum-
mond Place.
WiLLiAJi Eraser, Esq., W.S., 31 Princes
Street.
Charles Pearson, Esq., C.A., 128 George
Street.
John Kirk, W.S., Charlotte Street.
AUDITOR. LAW AGENTS.
Thomas Martin, C.A., 49 Castle Street. Murray, Beith, & Murray, W.S., 43 Castle St.
MANAGER.
Andrew Paterson, C.A., 76 George Street.
DEPOSITS AND DEBENTURES.
THE Association receives Money on Deposit or Debenture Bond, at Rates varying
from 3 to 4^ per cent., according to the market value of money at the time. If
preferred, a uniform Rate of Interest will be given on Deposits for fixed periods of from
one to five years, on terms to be arranged. The Debenture Bonds wiU be granted for three,
five, or seven years.
SAFETY OF DEPOSITS AND DEBENTURES.
The Association lends its Funds on Heritable Property only, and at rates correspond-
ing to the market value of money. All the Loans are repayable by instalments, ■which adds
greatly to their safety, any depreciation which might take place in the value of the security
being more than met by the gradual diminution of the Loan. The risk arising from the
Investments of the Company is thus small, and they are enabled to give comparatively high
rates for Deposits. In addition to the fact that the Loans are all secured on Heritable Pro-
perty only, Depositors have the further guarantee of the Company^ s large Subscribed Capital,
which amounts to (of which £50,000 has been paid up) . . . £250,000
and a Reserve Fond of . . ..... £16,500
LOANS.
Loans are granted on Security of Land, Houses, and every description of Heritable
Property.
The Loans are repayable in periods of from four to sixteen years. If desired, part only
may be made repayable by instalments — the remainder bearing interest, payable half-yearly.
Borrowers can pay off their Loans at any time, either in whole or in part ; or the period
of repayment can be altered to one more suitable.
For further particulars, apply at the
COM PAN Y'S OFFICE :
76 QEORGE STREET, EDINBURGH.