Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1897-1898

280
ADVERTISEMENTS.
THE
SCOTTISH WIDOWS' FUND
Mutual Life Assurance Society.
vr^ FUNDS, £13,500,000. EEVENUE, 1,540,000.
The Whole Profits are divided among the Members, there being no ShareholJers;j|
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, 688,337
Leaving a Free Balance of . . • • • • £1,821,586
which enabled the Directors to declare Compound Bonus Additions (i.e. on Original
Sums assured and previous Bonuses in force) at the rate of £1, 14s. per cent, per
annum, equal to
NEW BONUSES
From £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
convert their Policies into Paid-up Policies free of Premiums, Surrender them fon
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 OP KNOWN VALUE,
affording such Financial Facilities and Advantages as Life Policies without sucl
options obviously cannot.
The Society's Prospectus contains full information on all these points.
Glasgow Office— 114 West George St.
THOMAS .WATSON, Resident Sbobktary.