Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1899-1900

284 ADVERTISEMENTS.
THE
Scottish WIDOWS' Fun
MUTUAL LIFE ASSURANCE SOCIETY. tl
i:
-^—^ — r
FUNDS, £14,540,000. REVENUE, £1,570.000
The Whole Profits are divided among the Members, there beirjg no Shareholders]
to participate therein
Cash Surplus for the seven years to December, 1894, - - - £2,509,923:
Of which had been paid in Intermediate Bonuses between 1887 and
1894, £242,487, and reserved to reduce the Valuation Rate of
Interest to 3 per cent., £445,850, - - - - - - 688,3371
Leaving a Free Balance of - - - £1,821,586
which enabled the Directors to declare Compo'tind" Bonus Additions {i.e. on Original
Sums assured and previous Bonuses in force) kt the rate of £1 14s. per cent, per
annum, equal to
iU«w NEW BONUSES^^^^!^^^
< if .> I'rom £1 14s. to £4 13s. lOd. per cent; per annum
on Original Sums alone, according to duration of the Policies. The Society's Policies
are therefore unusually profitable; and as Members may at their option conyert their
Policies into Paid-up Policies ' free of Premiums, Surrender them for their Cash Value,
or borrow from the Society any amount covered by that value, it will be seen that they ,
are not only . ,
LIFE ASSURANCE CONTRACTS
of the Most Secure and Profitable Description obtainable, but also
NEGOTIABLE DOCUMENTS OF KNOWN VALUE,
affording such Financial Facilities and advantages as Life Policies without such options
obviously cannot.
The Societies Prospectus contains full injormation on all these points.
Clascow Office- 114 WEST GEORGE STREET.
• 5 THOmIs WATSON,; Resident Seoeetaey.