Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1875-1876

158
ADVERTISEMENTS.
THE CITY OF
LIFE ASSURANCE
GLASGOW
COMPANY.
ESTABLISHED IN 1838— INCORPORATED BY SPECIAL ACT OF PARLIAMENT.
SUCSCRIBED CAPITAL, £600,000. ANNUAL REVENUE, £180,000
EXISTING ASSURANCES, £4,680,000.
ASSETS, EXCLUSIVE OF THE VALUE OF RE-ASSURANCES, EXCEED £777,000.
Governor— THE EIGHT HON. THE EAEL OF GLASGOW.
Deputy-Governor— ROBERT DALGLISH, Esq. of Kilmardinny.
HEAD
OFFICE-No. 28 A RENFIELD STRFET.
WALTER PATERSON, Esq., Chairman of the Board.
Waltek Paterson, Esq., Merchant.
Robert Barclay, Esq., Merchant.
Colin D. Donald, Esq., Writer.
James White, Esq. of Overtoun.
Manager and Actuary — Aw. H. Tuenbull.
Walter Buchanan, Esq., Glasgow.
R. D. Mackenzie, Esq. of Caldarvan.
Sir James Lumsden, ef Arden.
J. Cheney Bolton, Esq., of Carbrook.
Secretary — George Gray.
Medical Adviser — John B. Cowan, M.D., Professor of Materia Medica in the University of Glasgow.
BALANCE SHEET of CITY OF GLASGOW LIFE ASSURANCE CO., on the 20th JAN. 1875.
Liabilities.
Shareholders' capital paid
up, - - - £60,000
Assurance Fund, 717,410 19 7
Total Funds, as per first Schedule,
* Claims admitted, but not paid -
Claims expected in respect of
deaths believed to have occurred
in previous years, - - -
^77,410 19 7
34,827 3 5
2,949 16 2
Assets.
Mortgages on Property within the
United Kingdom, - £345,274 2 5
Loans on the Company's Policies, 46,118 1 5
Investments —
In Indian and Colonial Govern-
ment Securities, - 23,918 18 3^
Railway Debentures and Deben-
ture Stocks, - 63,236 13
Railway Shares (Preference and
Guaranteed),
House Property,
Company's Stock purchased,
Feu-duties and Ground-rents,
- 127,290
- 41,988
6,449
- 84,367
9
2
10
9
3


Loans on Railway Stock,
1,025


Reversions purchased,
Life Interest purchased, -
7,811
1,266
8
14


Government Annuities, -
118
15

Annuities, -
1,016
13
<;
Loans upon Personal Security,
Agents' Balances,
13,995
3,601
1
10
0-
8:
Outstanding Premiums,
f " Interest, -
- 24,687
8,763
11
6
10
4
Cash —
On Deposit,
On Current Account, 12,038 2
8
— 12,038
2
8
Other Assets —
Office Furniture,
1,164
10
&
Bills Receivable,
46
1,009
15
4
7'

£815,187 19 2 £815,187 19 2
* Includes claims by death before 20th January, since admitted.
f Of this, £8132 is interest accrued since last payment, but not due.
The above Balance-Sheet is given in the form prescribed by "The Life Assurance Companies' Act, 1870,'
which excludes Re- Assurances — a -valuable Asset.