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MANCHESTER, ST. ANN'S SQUST"
North British & Mei'cantile Inszlrance Company.
I. Security.
THE Funds accumulated in the Life and Annuity Departments,
specially invested to meet the obligations in these Departments,
amounted, as at 31st December 1869, to . £2,203,659 12 10
The Funds are invested as follows, viz. —
1. Loans on Real Security . . . £1,684,515 8 8
2. Loans secured over Public Rates . . 33,696 3 5
3. Loans on Personal Security, wijth Policies 163,345 18 2
4. Loans on Policies within the Surrender
Values 87,244 15 7
5. Purchase of Life Interests, Post-Obits,
and Reversions .... 37,662 17 3
6. Real Estate 11,039 8 10
7. East Indian Railway Debentures, guaran-
teed by Council of State for India . 100,412 10 o
8. Canadian Government Securities . 30,580 18 3
9. Premiums in course of Collection, Cash
at Branches, and Credit Premiums, etc. 53,797 1 9
10. Government Life Annuities . . . 1,472 o 3
11. Teachers' Society Account, etc. . . 634 2 1
,£2,204,401 4 3
Less Credit Balances . . 741 11 5
In addition, there is the Paid-up Capital of ^250,000 o o
And of the subscribed, but unpaid Capital of 1,750,000 o o
£2,203,659 12 10
£2,000,000
The Life Revenue for the Year (1869) consisted of —
1. Life Premiums .£269,387 1 4
2. Interest on Funds, etc. . . . 94,217 o 11
£363,604 2 3
II. Profits.
Nine-Tenths of the Whole Profits in the Life Business
are allocated to tp1e policyholders on the partici-
PATING Scale.
In addition to the payment of the vested Bonuses, the Com-
pany has hitherto allowed a Prospective Bonus on such Policies
as had become claims during the currency of Investigation
periods.
Assurers are referred to the Prospectus of the Company for
full particulars as to the various modes in which the Profits may
be applied.
DUBLIN, 28 COLLEGE GREEN.

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