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ADVERTISEMENTS. 1291
ESTABLISHED IN 1838 — INCORPORATED BY SPECIAL ACTS OF PARLIAMENT.
Subscribed Capital, £600,000.
Net Annual Premium Income, £195,252.
Existing Assurances, £6,431,495. Invested Funds, £2,098,161.
GLASGOW BOARD,
HEAD OFEICE-Ho. 30 REMFIELB STEEET. '
R. D. MACKENZIE, Esq., of Caldarvan, Chairman.
ROBERT BARCLAY, Esq., Deputy Chairman.
Wm. Lochoke Bkown, Esq., Writer. ' John Burns MacBkayne, Esq., Insurance Broker.
Thomas M. Fergusson, Esq., Merchant. i David Ritchie, Esq.
RoBEKT Balloch, Esq. I Andrew Smith Michie, Esq., Banker.
Manager — F. F. Elderton. Secretary — George Gbat.
Assistant- Actuary — John Stewart. Chief Medical Adviser — Gavin P. Tennent, ISI.D.
ANNUAL REPORT, 1895.
The Directors' Eeport to the Fifty-sixth Annual General Meeting of the
Company, held on 30th Apri], 1895, contains the following among other information.
The New Assurances effected in the year ended 20th January, 1895, after deducting
sums reassured, amounted to £430,238, yielding a new Annual Premium Income of
£18,213.
The Claims by Death were £146,057, considerably within the amount pro-
vided for. £7,122 has also been paid under Endowment Assurance Policies,
which matured during the lifetime of the assured.
The Income of the year has been £310,944, and the Disbursements (which include
a provigion for every known claim), £227,739. The Balance, £83,205, is
the addition to the Invested Funds, and has increased them to £2,098,161.
A Committee of the Directors has reported, after a special examination, that the
Securities held for the loans granted by the Company are amply sufficient, and that
the market values of ■ the Investments are in excess of the a,mounts at which they
stand in the Company's Books.

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