Towns > Edinburgh > 1832-1838 - Gray's annual directory > 1834-1835

402 GRAY'S ANNUAL DIRECTORY.
SCOTTISH WIDOWS' FUND AND LIFE ASSURANCE.
FOUNDED A. D. 1816, ON THE MODEL OF THE
EQUITABLE LIFE ASSURANCE, LONDON,
SECURING THE WHOLE PROFITS TO THE ASSURED.
Head Office— EDINBURGH, No. 5, St Andrem' Square.
GLASGOW, No. 22, ROYAL EXCHANGE SQUARE, Norlh side.
President — The Right Honourable the Earl of ROSEBERY.-
VICE-PRESIDENTS.
Sir F. Walker Drummond, Bart, of Hawthornden I The Rt. Hon. C. Hope, Lord President, Court of Session
The Honourable Lord MoncriefF | HisGracetheDukeofBucclench&Queensberry,K.T.
TRUSTEES.
Sir James Gibson Craig of Riccarton, Bart.
William Scott MoncriefF, esq. of Kirkton
Patrick Cockbum, esq. accountant, Edinburgh
EXTRAORDINARY DIRECTORS.
William Mitchell, esq. of Parson's Green
James Balfour, esq. of Pilrig
Robert Hope Moncrieff, esq. writer Perth
Mark Sprot, esq. of Garnkirk
Patrick Robertson, esq. advocate
James Tytler, esq. of Woodhouselee
John Shank More, esq. advocate
Sir Thomas Dick Lauder of Foimtainhall, Bart.
William Connal, esq. merchant, Glasgow
The Very Rey. Principal Macfarlan, Glasgow
Robert Scott Moncrieff, esq. advocate
Robert Paul, esq. secretarj'. Commercial Bank
ORDINARY DIRECTORS.
James Balfonr, esq. of Pilrig
William Mitchell, esq. of Parson's Green
Henry David Hill, esq. W.S.
Thomas Beveridge, esq. D.C.S.
James Thomson Gibson Craig, esq. W.S.
George Bell, esq. merchant, Leith
James Saunders Robertson, esq. W.S.
John Glassford Hopkirk, esq. W.S.
Rev. Dr Robert Gordon, High Church, Edinburgh
Sir Thomas Macdoiigall Brisbane, K.C.B.
Hon. Cliarles Hope, advocate
WilliaLn Cowan, esq. banker, Ayr
Dr Abercrombie, Edinburgh.
Robert Coldstream, esq. merchant, Leith
Adam ^Vilson, esq. D.C.S.
John Thomson, esq. Royal Bank
Professor Robert Graham, Edinburgh
James Reid, esq. Exchequer
William Burn, esq architect, Edinbm-gh
Robert Ctray, esq. merchant, Edinburgh
Andrew Clephane,esq. advocate, Sheriff-depute of Fife
John Craig, esq. South bridge, Edinburgh
Robert D. Menzies, esq. Leith
Anthony Murray', esq. W.S.
John Hardie, esq. merchant, Leith
The large accumulated Capital and Annual Revenue of this Institution, (which, as a Life Assurance
Association, is the oldest and most extensive in point of business in Scotland) enables the Directors to offer
to the public the full advantages arising from the principle of its constitution, combined with the utmost
measui'e of securitv.
The great value of the principle of mutual contribution ship, or, as it is generally termed, mutual assur-
ance, on which this Society is founded, is now well known. By the operation of this principle, taken in
connexion with the careful selection of lives, and an economical management of the Society's business, it is
evident that the advantages of Life Assurance are secured to their utmost possible extent. Indeed, they
onty require to be known and understood to be fully appreciated ; and so rapid, accordingly, has been the
growth of this Society, that, during the last fifteen years, the annual revenue has increased from £2300, to
upwards of Eighty Thousand Pounds Sterlingp^j' annum ; and the accumulated Fund from ,£3000 to
nearly Four Hundred Thousand Pounds Sterling ; and both are in a state of steady and rapid increase.
The President, Vice-Presidents, Trustees, and Directors, are all personally interested in the Society, and
must, in terms of the articles of constitution, be members of more than three years' standing.
The last periodical investigation of the Society's affairs took place at 3Ist December, 1831, when large
additions were declared to the Assurances entitled thereto. In order to show the value of the additions
made out of the Surplus Fund, the following particulars are given of the claim arising under a Policy opened
previous to 1 st January, 1 820, if emerging in the current year by the death of the party assured : —
Sum originally Assiu-ed, £1000
Vested additions up to 31st December, 1831, 392 6
£1392 6
Contingent prospective additions applying to the annual premiums paid for 1 832, 1 833 & 1 834, 62 13
Total sum payable, £1454 19
The ordinary Court of Directors meet weekly for the purpose of receiving and deciding on applications
or Assurance, which are now granted to the extent of £.5000, on approved single or joint lives.
Tables of rates of Premium, and every necessary information, will be readily communicated on applica-
tion at the Society's Office
Edinburgh, 5 Si Andrew square. Mo;/ 1834. JOHN M'KEAN, Manager.