Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1866-1867

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ADVERTISEMENTS.
FIRE AND LIFE INSURANCE COMPANY.
LONDON, 37 CornhUl. I EDINBURGH, 47 George Street. I DUBLIN, 52 Dame Street.
Incorporated by Royal Charter, and Established 1824.
GLASGOW BOARD.
Chairman— JAMES FLEMING, Esq.
GEORGE FLEMING, Esq.
ALEXANDER M'GREGOK,
JAMES L. EWING, Esq.
JOHN CAMPBELL, Esq.
Esq.
JOHN S. GENTLE, M.D.
JOHN BLACKIE, Sen., Esq.
JOHN M'GREGOB, Esq.
JAMES SWORD, Esq.
HUGH MONCRIEFF, Esq., Secretary.
PROGRESS OF THE COMPANY.
MP HE Number of Life Policies issued during the last four years of the current quinquennial period —
JL viz., from 1st August, 1861 — has been 4057.
Insuring Sums to the Amount of . . £1,841,199.
The next Investigation and Division of Profits takes place on 1st August, 1866, when the
Profits during the five years preceding falls to toe divided among the Policy-holders entitled
to participate.
All Policies taken out before 1st of August, 1866, will share in the Division.
DIVISION OF PROFITS.
Each five years every Policy-holder entitled to participate receives a share of the Surplus in exact
proportion to the Premiums paid during the five years, with accumulated interest thereon. The share of
Profits so allocated is then converted into a Reversionary Bonus, according to the age of the party.
While this system gives to each an exact proportion, it will be found alike favourable to young lives,
whose prospects of longevity are greater, and to parties entering at middle life or the more advanced ages;
the Premiums paid by them being higher than at early ages.
FIRE DEPARTMENT.
In this branch of the Company's Business the Revenue has increased upwards of 50 per cent, during the
last seven years, and now amounts to £56, COO.
The Revenue of the Company from all sources is now £205,000, and has been derived from Business trans-
acted in the United Kingdom alone — the Company not having any Foreign Agencies. When this fact is
kept in view, as well as the active competition existing among Insurance Companies, it cannot but be
regarded as very satisfactory that this Company has not only maintained, but has highly increased its
Business and Revenue during the past year.
AGENTS IN GLASGOW.
Finlayson & Moncrieff, 133 West George Street.
Charles Hamilton, 83 St. George's Place.
William Mathison, 38 West George Street.
John Macgeorge, 135 Buchanan Street.
John Fleming, 21 St. Vincent Place.
Hugh Colquhoun, 22 Ren field Street.
James Caird, 27 Virginia Street.
James Drummond, 67 George Square.
IN PAISLEY.
Hodge, Young, & Martin, County Buildings.
Alexander Hart, 87 High Street.
James Young, 8 Moss Street.
Anderson & Hart, Gilrnour Street.
IN PORT- GLASGOW.
Alexander Lade, Writer.
Andrew Harvey, Scarlow Street.
^Surveyor — William Ramsay, 49 West George
Agents formerly for Hercules, now for
Scottish Union —
IN GLASGOW.
William Neilson, 115 St. Vincent Street.
Alex. Young, 138 Hope Street.
* John Millar, 71 Queen Street.
*H. B. Lacy, 54 St. Vincent Street.
* Walter Smart, Rutherglen.
IN GREENOCK.
Robert Little, Merchant.
John Love, Royal Bank.
A. P. Paton, Writer.
* For Fire Department only.
Street, Glasgow.— GEORGE RAMSAY, Manager
JAMES BARLAS, Secretary.