Towns > Edinburgh > 1846-1975 - Post Office Edinburgh and Leith directory > 1874-1875

EDINBURGH AND LEITH
SPOTTTSH
EQUITABLE LIFE ASSURANCE SOCIETY,
fincorporateK hv Special ^ct o! parliament, lo Witt. cap. 35.
INSTITUTED 1831.
Head Office-26 ST. ANDREW SQUARE, EDINBURGH.
London Office-30 GRACECHURCH STREET.
Glasgow Office- 128 ST. VINCENT STREET.
William Forrester, Esq., 16 Nortliumber-
land Street.
Patrick Blair, Esq., Writer to the Signet.
James Leslie, Esq., Civil Engineer.
LocKHART Thomson, Esq., S.S.C.
Alex. Cassels, Esq., Writer to the Signet.
Sir Alexander Grant, Bart. , LL. D. , Prin-
cipal of the University of Edinburgh.
James Wright, Esq., Secretary to the Eoyal
Bank of Scotland.
(©rbinarg ^mdors.
John K. Watson, Esq., Manager of the
Edinburgh Gas-Light Company.
John Bruce, Esq., Merchant, Leith.
William Turner, Esq., M. B., Professor of
Anatomy in the University of Edinburgh.
James Muirhead, Esq., Advocate, Professor
of Civil Law in the University of Edinburgh.
Peter Bannatyne, Esq., Assistant Secretary,
National Bank of Scotland.
Manager-
-Thomas Bond Sprague, M.A. Secretary — William Finlat.
Medical Officer— \YiLLiAii Robertson, Esq., M.D., F.R.C.P.E.
THE SCOTTISH EQUITABLE LIFE ASSURANCE SOCIETY has been established
for Forty-three years. The principle of Mutual Assurance on which it is founded,
the careful management of its affairs, and the equity and liberality of its Regulations, have
secured for it public confidence, and entitled it to take rank as a First-class Office.
There being no Proprietors to share in the Funds contributed by the Members, the
WHOLE PROFITS belong to the Policy-holders exclusively, who are, however, by
the Deed of Constitution, expressly exempted from all personal responsibility for any claims
against the Society.
The Profits are divided every five years, and are allocated not only on the sums
originally assured, but also on the previously vested Bonus Additions. Bonuses are also
paid for the period between the date of the last Division and the date of death.
The total Additions made to Policies amount to £2,012,982.
On Ist March 1873 the available Assets of the Society, all Invested in the United
Kingdom, and on unexceptionable Securities, amounted to £2,033,721, 158. 2d. The Net
Annual Premiums were £181,444, and the net Sums assured £7,072,092. The Funds in
hand therefore amounted to more than eleven times the Premium income, and to 28*75 per
cent, of the sums payable imder the Policies.
View of the Progress of the Society.
Loans granted on Life Interests, Eeversions, and other approved security. The Directors are
also prepared to entertain proposals for the purchase of Eeversionary interests.
The Annual and Investigation Eeport, containing particulars of the Investments and the
Balance Sheet, Forms of Proposal, and all information, may be obtained on application at the Head
Office, or any of the Society's Agencies.
Edinburgh, April 1874.