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(657)
INSURANCE DIRECTORY.
HERITABLE SECURITIES
INVESTMENT ASSOCIATION (LIMITED).
^xfgistenb xxxiistx ' S^lje Comj^anics %d, 1862/
AUTHOEIZED CAPITAL, £500,000. SUBSOEIBED CAPITAL, £200,000.
[ , DIRECTORS.
James FoinrAN, Esq.. Advocate, 6 Drum-
mond Place.
George Cadell Bruce, Esq., C.E., 21
Castle Street.
J. Dick Peddie, Esq., Architect, South
Charlotte Street.
Alex.\nder "U''ood, Esq., M.D., 10 St.
Colme Street.
Robert Reid, Esq., 19 Heriot Row.
Kexxeth Mackenzie, Esq., C.A., 29 Nor-
thumberland Street.
W1LLLA.M Eraser, Esq., W.S., 31 Priuces
George PI. Marsil\.ll, Esq., 3 Heriot Row. Street.
m\. MANAGER. LAW-AGENTS.
' Andrew Paterson, C.A., 55 Frederick St. Murray, Beith, and Murray, W.S., 43 Castle St.
DEPOSITS AND DEBENTURES.
THE Association receives ^loney on Deposit or Debenture Bond, at Rates varyinp;
from 4 to 5 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 wUl be granted for three,
five, or seven years.
SAFETY OP 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, Avhich 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
Property only, Depositors have the farther guarantee of the Company's large subscribed Capital.
LOANS.
IvOans are granted on Security of I^and, 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
COMPANY'S OFFICE:
55 FREDERICK STREET, EDINBURGH.

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