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RITIS
i! il!!ll!llll!l!ISililllilll!!!i!l!^il!i'!i!!l!i!l^^ ^
ERCANTIL
[IMll
wmm^^s^^
INSURANCE COMPANY^
RESOURCES OF THE COMPANY AS AT 31st DECEMBER, .882.
I. Capital —
Authorised Capital
Subscribed Capital
Paid-up Capital
II. Fire Fund —
Reserve - - - -
Premium Reserve
Balance of Profit and Loss
Account - . •
c 3,000,000
2,000,000
500,000
362,188
19
18
n
3
67,395
12
6
8
;Ci, 274,661
10
111. Life Fund —
Accumulated Fund (Life Branch)^3, 274, 835 19 i
Do. (Annuity Branch) 473,147 3 2
^^3,747,983 2 3
IV. Revenue FOR THE Year 1882 —
Nett Life Premiums and Interest, ^469,075 5 5
Annuity Premiums (including \
^108,992 2S. 4d. by single ■ 124,717 7 ii
payment) and Interest )
XIS93i792 13 4
Nett Fire Premiums and Interest 1,157,073 14 o
^1,750,866 7 4
LIFE DEPARTMENT.
I.— Life InsurancG Branch.
The large proportion of NINE-TENTHS of the PROFITS is divided among the
Policy-holders, on the participating Scale, every five years ; -and is allocated not only on tlie"'
sums insured, but also on the previous additions.
The last Division of Profits was made as at 31st December, 1880, when there v/as
declared a Bonus of £1 7s. 6d. per Cent, per annum.
If taken as a percentage • on the original sums in the Policies, this BonuS is
equivalent to an addition of from £2 lis. 4d. per cent, per aimum on the oldest
Policies, to £1 7S. 6d. per cent, on those now for the first time entitled to participate.
II. Annuity Branch.
ANNUITIES, Immediate, Contingent, or Deferred, are granted on favourable terms.
FIRE DEPARTMENT.
The 'Company INSURES against PIBE almost every description of Property, at
Home or Abroad, at the lowest rates of Premium corresponding to the Risk.
The Policies of this Corporation now extend to cover Loss or Damage by Lightning to
the property insured, whether set on fire thereby or not.
Every information may be had at the Chief Offices, Branches, or Agencies.
OHCIIEIF OIFIFZCEIS-
EDINBURGH, 64 PRINCES STREET. | LONDON, 6i THREADNEEDLE ST.
GLASGOW BRANCH OFFICE-102 ST. VINCENT STREET.
GLASGOW BOARD OF DIRECTORS.
Chairman — Charles Tennant, Esq., of the Glen, M.P.
James Graham, Esq., Writer. | John M. Hill, Esq. , Writer.
Robert Gourlay, Esq., Bank of Scotland. | Abram Lyle, Esq., Greenock.
James L. Mitchell, Esq., Merchant.
Local Manager — G. W. Snodgrass. Local Secretary — David L. Laidlaw.
RITIS
i! il!!ll!llll!l!ISililllilll!!!i!l!^il!i'!i!!l!i!l^^ ^
ERCANTIL
[IMll
wmm^^s^^
INSURANCE COMPANY^
RESOURCES OF THE COMPANY AS AT 31st DECEMBER, .882.
I. Capital —
Authorised Capital
Subscribed Capital
Paid-up Capital
II. Fire Fund —
Reserve - - - -
Premium Reserve
Balance of Profit and Loss
Account - . •
c 3,000,000
2,000,000
500,000
362,188
19
18
n
3
67,395
12
6
8
;Ci, 274,661
10
111. Life Fund —
Accumulated Fund (Life Branch)^3, 274, 835 19 i
Do. (Annuity Branch) 473,147 3 2
^^3,747,983 2 3
IV. Revenue FOR THE Year 1882 —
Nett Life Premiums and Interest, ^469,075 5 5
Annuity Premiums (including \
^108,992 2S. 4d. by single ■ 124,717 7 ii
payment) and Interest )
XIS93i792 13 4
Nett Fire Premiums and Interest 1,157,073 14 o
^1,750,866 7 4
LIFE DEPARTMENT.
I.— Life InsurancG Branch.
The large proportion of NINE-TENTHS of the PROFITS is divided among the
Policy-holders, on the participating Scale, every five years ; -and is allocated not only on tlie"'
sums insured, but also on the previous additions.
The last Division of Profits was made as at 31st December, 1880, when there v/as
declared a Bonus of £1 7s. 6d. per Cent, per annum.
If taken as a percentage • on the original sums in the Policies, this BonuS is
equivalent to an addition of from £2 lis. 4d. per cent, per aimum on the oldest
Policies, to £1 7S. 6d. per cent, on those now for the first time entitled to participate.
II. Annuity Branch.
ANNUITIES, Immediate, Contingent, or Deferred, are granted on favourable terms.
FIRE DEPARTMENT.
The 'Company INSURES against PIBE almost every description of Property, at
Home or Abroad, at the lowest rates of Premium corresponding to the Risk.
The Policies of this Corporation now extend to cover Loss or Damage by Lightning to
the property insured, whether set on fire thereby or not.
Every information may be had at the Chief Offices, Branches, or Agencies.
OHCIIEIF OIFIFZCEIS-
EDINBURGH, 64 PRINCES STREET. | LONDON, 6i THREADNEEDLE ST.
GLASGOW BRANCH OFFICE-102 ST. VINCENT STREET.
GLASGOW BOARD OF DIRECTORS.
Chairman — Charles Tennant, Esq., of the Glen, M.P.
James Graham, Esq., Writer. | John M. Hill, Esq. , Writer.
Robert Gourlay, Esq., Bank of Scotland. | Abram Lyle, Esq., Greenock.
James L. Mitchell, Esq., Merchant.
Local Manager — G. W. Snodgrass. Local Secretary — David L. Laidlaw.
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| Scottish Post Office Directories > Towns > Glasgow > Post-Office annual Glasgow directory > 1883-1884 > (2) |
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| Permanent URL | https://digital.nls.uk/84530822 |
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| Description | Post-Office annual Glasgow directory 1883-1884 |
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| Shelfmark | NH.675-676 |
| Additional NLS resources: | |
| Attribution and copyright: |
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More information
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| Description | Glasgow : Printed by J. Graham for the letter-carriers of the Post-Office, 1828-? Imprint and title vary. [Varying forms of title: Glasgow Post-Office directory, Glasgow Post-Office annual directory, Post Office Glasgow annual directory.] |
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| Shelfmark | Various |
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More information
|
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| Description | Directories of individual Scottish towns and their suburbs. |
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| Description | Around 700 Scottish directories published annually by the Post Office or private publishers between 1773 and 1911. Most of Scotland covered, with a focus on Edinburgh, Glasgow, Dundee and Aberdeen. Most volumes include a general directory (A-Z by surname), street directory (A-Z by street) and trade directory (A-Z by trade). |
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