Towns > Edinburgh > 1838-1846 - Post-Office annual directory and calendar > 1842-43

Bonus declared. It is only by such considerations that any judg-
ment can be formed of the probable future additions. It would
be invidious to single out offices, — but no respectability of manage-
ment appears to prevent the insinuation of the prospect of such
additions, as it will be perfectly impossible to realise. On all
these points, this office can give a favourable reply to a new
entrant ; and althougli they are aware that many members consider
they have well-founded grounds for imputing to the Directors and
constitution of the Society too much caution, in leaving undi-
vided at the late investigation so large a proportion of the profits,
they cannot refrain from again subjecting themselves to the same
reflections, by pointing out the obvious argument of this objection,
for tlie favourable position in which it places new entrants.
Upon these grounds, then, the Directors can confidently look
forward, at future investigations, to as favourable results at least as
at the past; and without making any special estimate of what the
actual additions may be, they maintain, that with the large reserva-
tion of the profits that has been made, the present members, and
those who join them, are secured at future investigations in as
great additions as can with propriety be made by any office.
There is another point which the Directors feel themselves
called upon to notice,^ — that in terms of the constitution, the
Directors, ordinary and extraordinary, must be members of the
Society, by holding Policies of Insurance for Life with it of
more than three years' standing. It is proper to state this, as it
is notorious that in many Insurance Companies, names of parties
appear as Extraordinary, and sometimes Ordinary Directors, who
have no other connection with them, or at any rate are not
Insured in the offices, and do not by their appointment show to
intending Assurers that they have adopted the principles their
names are brought forward to advocate, as is secured by the rule
of this Society, under which the noblemen and gentlemen, who
are Directors of it, have been appointed.
There are now subjoined
A FEW PRACTICAL REMARKS ON THE TABLES OF RATES.
Table I. contains the Annual Premiums payable during life
for £100, with additions to be paid at death. This is the ordi-
nary kind of Insurance. A person, it will be observed, at twenty,