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168 ADVERTISEMENTS.
GUARDIAN
FIRE AND LIFE ASSURANCE COMPANY.
ESTABLISHED 1821.
Subscribed Capital, - - - £2,000,000 Total Invested Funds, - - £2,941,000;
Paid-up Capital, - - - - 1,000,000 Annual Income, over - - 517,000
LIFE DEPARTMENT
rilHE Quinquennial Valuation to December 31, 1879, was made on the basis of tlie Institute of Actuaries
I (Hm) Table of Mortality and 3 per cent, interest. The Valuation was strictly a net premium one, the
whole of the loading being reserved.
The Valuation Balance Sheet showed a surplus of £143,194 6s. 6d. in the Life Assurance Fund, and of
this sum it was decided to divide £140,000, leaving £3194 6s. 6d. of undivided protit to be carried forwardi
to the new Quinquennium, According to the regulations of the Company, the sum to be divided was appro-
priated as follows : —
Four-fifths to the Policy Holders ... ... ... ... £112,000
One-fifth to the Proprietors 28,000 — £140,000
A large proportion (upwards of one-fourth) of the Company's business is non-participating, and the sum
of £112,000 was therefore divisible as a bonus among 3222 policies, assuring with existing bonuses
£2,939,985 16s. 6d., the annual premiums payable under which amount to £83,261 17s. 2d. The pro-
prietors' one-fifth share, amounting to £28,000, was the sole benefit for the past five years which they
received from the Life Business in return for the guarantee afibrded by the unusually large paid-up capital
of the Company.
LIFE FUND (1881), . . . £1,390,000 | LIFE INCOME, . , . £172,000
FIRE DEPARTMENT.
Insurances Effected upon Property at Home and Abroad at Moderate Ratks.
FIRE FUNDS (1881), .... £413,000 | FIRE INCOME, .... £300,000
Solicitors for Scotland — Messrs. Mackenzie, Gardner, & Alexander,
153 St. Vincent Street, Glasgow.
Branch Office— 185 WEST GEORGE STREET, GLASGOW.
ANDEEW CLARK, Resident Secretary.
pr¥d1ntIal
ASSURANCE COMPANY
(LIMITED),
HOLBORN BARS, LONDON, E.G.
rpHE ANNUAL PREMIUM INCOME EXCEEDS £2,250,000.
Reversions Purchased.
Every description of Life Assurance and Annuity Business transacted. The last |
Annual Eeport may be obtained on application.
GLASGOW OFFICE —
103 WEST REGENT STREET,
Late of 60 MONTEOSE STEEET.
JOSEPH RILEY, Superintendent.

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