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36 EDINBURGH AND LEITH
The Scottish American Mortgage
tif^'^^ Company Limited,
^[nforporatelJ unUev ti^e Compantcsf ^ctS, 1862 anU 1867.
.......... . — . ■■•nsduS
AUTHOEIZED CAPITAL, £1,500,000, in 150,000 Shares of £10 each.
EESEEVE ETIID, £138,000. -*^'^''«'^
DIRECTORS.
John Guthrie Smith, Esq., Advocate, 20 I James Duncan Smith, Esq., S.S.C, Edin-
burgh.
Henry I. Sheldon, Esq., Attorney, Chicago.
William Smith, Esq. of Benholm, Kin-
cardineshire.
James Romanes, Esq., C.A., 42 Castle
Street, Edinburgh.
Drumsheugh Gardens, Edinburgh,
Alex. Thomson, Esq., Merchant, 9 South
St. Andrew Street, Edinburgh.
Andrew "Whitton, Esq. of Couston, New-
tyle, Forfarshire. OKIHIVg
Managing Director— James Duncan Smith. Secretary — Thomas Dymock, C.A.
Auditor — James Howden, C.A., Edinburgh.
Bankers — The Commercial Bank of Scotland Limited.
Bankers in America — The Bank of Montreal.
COMPANY'S OFFICES-
8 CASTLE STREET, EDINBURGH.
THE Company issues Debentures for Fixed Periods. Rates of Interest and
other particulars can be obtained at the Company's Offices.
The Interest is made payable half-yearly, at Whitsunday and Martinmas, at
the Offices of the Company's Bankers in Scotland and London.
The Funds of the Company are invested as a first charge on Heritable Property
in the United States of America. Loans are limited in amount to half the value
of the security therefor.
The Debentures are amply secured by (1) the Reserve Fund ; (2) the
Uncalled Capital not paid up, being the limit of the Company's Borrowing
Powers ; and (3) the Investments in Mortgages on Heritable and Real Estate
in the United States.
The Debentures are issued free of expense, and are assignable by a short
Form of Assignation.
THOMAS DYMOCK, Secretan/.

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