Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1886-1887

ADVERTISEMENTS.
161
THEE
Life Assurance Society of the United States.
TRUSTEES FOR GREAT BRITAIN AND IRELAND.
The Right Hon. the EARL OF DENBIGH. | The Right Hon. the EARL OF KINTORE.
SIR JOSEPH 0. LEE,
Who hold Securities for $500,000 (£100,000) in the Bank of England as special Security for policy-
holders in Great Britain and Ireland.
LONDON BOARD.
SIR SYDNEY H. WATERLOW, Bart., Chairman.
Deputy Governor Union Bank of London.
H. W. DEMAIN SAUNDERS, Esq., Director Messrs.
Dalgety & Co., Limited.
HORACE .L FAIRCHILD, Esq., Messrs. H. B.
CMin & Co., Manchester.
THOMAS BROOKE, Esq., Armitage Bridge, Hud-
dersfield.
E. H. BAYLEY, Esq., Messrs. E. H. Bayley
&Co,
THE BANK OF ENGLAND.
BANKERS.
I Messrs. SMITH PAYNE & SMITHS.
BOARD OF REFERENCE FOR SCOTLAND,
Robert Millek, Esq. (J. Miller, Son, & Co.),
Glasgow.
John S. Templeton, Esq., Glasgow.
Jas. FiNDLAT,Esq.(Carslaw &. Henderson), GLisgow.
Anderson Kirkwood, Esq., LL.D., Glasgow.
George Coats, Esq., Kingston Mills, Glasgow.
Richard Sandeman, Esq., Glasgow.
J. R. Cochrane, Esq., Albyn Mills, Glasgow.
Dr. S. J. Moore, 15 Blythswood Square, Glasgow.
Messrs. Henderson Brothers, Glasgow.
A. D. Eutherfurd, Esq., 150 Ingram St., Glasgow.
Messrs. Black & Wingate, Glasgow.
Messrs. W. B. Huggins & Co., Glasgow.
W. E. Bartlett, Esq., Edinburgh.
John Barry, Esq., M.P., Kirkcaldy.
Messrs. T. & D. M'Culloch, Kilmarnock.
Alex. Henderson, Esq. (Henderson v^ Co,),
Dundee.
Peter Matthew, Esq., Dundee.
Peter Esslemont, Esq., M.P., Aberdeen.
James F. Kellas, Esq., Regent Quay, Aberdeen.
W. A. M'Intyre, Esq., I51airgowrie.
Assets, January 1, 1886, - - - - - - £13,865,289 1 3
New Assurance written in 1885, over - - - - 19,500,000
Income in 1885 exceeded 3,448,000
All profits dlYided among policyholdei'S. Policies lEdisputaMe alter three j^ears I'roin tlieir date.
THIS Society has for some years done the largest business of any olBce in the world, and has
introduced a new form of Life Assurance, known as the NON'FORFEITINC TONTINE oi" SEMI'
TONTINE POLICY. Oq this plan the profits are divided at stated periods, viz., TEN, FIFTEEN, or
TWENTY YEARS, which must be determined upon at time of entry. When the Assured's TONTINE
period has arrived he becomes entitled to his share of the Accumulated Profits, and he is then given one
of the following options : —
First. — To take the cash value of his Policy,
Second. — To take a paid-up non-participating Policy for an equivalent of its cash value.
Thii-d. — A yearly increasing annuity and the original sum at death to his heirs.
The following Table gives the results, as estimated, of a 20-year Policy taken out on the Tontine
Savings' Fund plan of Assurance : —
SUM ASSURED. £1000.
Estimated Results at the end of 20 Years.
Age.
25
35
45
Annual Premium,
£19 17 6
26 7 6
37 19 2
Total Premiums
Paid.
£397 10
527 10
759 3 4
Cash Value
of Policy.
£533
769
1190
Equivalent Value Annuity for Life and
in Paid-up Policy. £1000 at Death.
£1290
1460
1810
£8 14 8
22 1 8
67 13 5
This Policy is Non-Forfeiting, i.e., it has a Surrender value in Paid-up Assurance after its third year.
Prospectuses, giving results of Tontine experience. Forms of Proposals, and any other
Information, may be obtained on application to any of the Society's Agents, or from
June 1, 1886.
WM. HOWAT, Manager for Scotland,
156 Buchanan Street, Glasgow.