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ADVERTISEMENTS,
277
THE CITY OF GLASGOW
F£ ASSUBAirCE COmFANT.
ESTABLUHED IN 1838 — INCORPORATED BY SPECIAL ACTS OF PARLIAMENT.
Subscribed Capital, £600,000.
Net Annual Premium Income, £204,467.
Existing Assurances, £6,687,328. Invested Funds, £2,284,830.
GLASGOW BOARD,
lEAD OFFICE-No. 30 RENFIELD STREET.
Robert B.lloch, Esq.
Sir Jame!
R. D. MACKENZIE, Esq., of Caldarvan, Chairman.
DAVID RITCHIE, Esq., Deputy Chairman.
Bell, Bart.
Robert Barclay, Esq.
Wm. Lochorb Brown, Esq., Writer.
Thomas M. Fekgusson, Esq.
Andrew I|hith Michie, Esq., Banker.
fanager — F. F. Elderton. Assistant Manager — Wm. Smith Nicol.
Actury — John Stewart. Chief Medical Adviser — Gavin P. Tennent, M.D.
ANNUAL REPORT, 1897.
The DiiicTORs' Report to the Fifty-eighth Annual General Meeting of the
eld on 27th April, 1897, contains the following among other information.
The Ne\?l Assurances effected in the year ended 20th January, 1897, after deducting
sums reassured, amounted to £494,090, yielding a new Annual Premium Income of
£20,482. I
The Claiis by Death were £120,360, considerably within the amount pro-
kdded for. [ £7,730 has also been paid under Endowment Assurance Policies,
which matued during the lifetime of the assured.
The InooIe of the year has been £293,820, and the Disbursements (which include
a provision for every known claim), £196,558. The Balance, £97,262, is
the additioEJ to the Invested Funds, and has increased them to £2,284,830.
A Committee of the Directors has reported, after a special examination, that the
securities hsld for the loans granted by the Company are amply sufficient, and that
the market sraiues of the Investments are in excess of the amounts at which they
stand in thq Company's Books.

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