Towns > Greenock > 1841-1846 - Hutcheson's Greenock register, directory, and general advertiser > 1841-1842

ADVERTISEMENTS.
215
Amount payable if claim emerge in
the Years from
1st March
1841 to 1842.
1842 to 1843.
1843 to 1844.
£1,224
£1,248
£1,272
1,203 12
1,227 4
1,250 16
1,183 4
1,206 8
1,229 12
1,162 16
1,185 12
1,208 8
1,142 8
1,164 16
1,187 4
1,120
1,140
1,160
1,120
1,140
1.120
This is a MUTUAL ASSURANCE SOCIETY.
The PROFITS are ascertained and ALLOCATED amongst
the Policy Holders every TH REE YEARS.
Members who enter on or before 1st March, 1842, will be entitled
to VESTED ADDITIONS from the dates of their Policies at the
Third Triennial Allocation, which takes place at 1st March, 1847.
Agent in Greenock.
Mr WXXiXiXAM JOHNSTON, Writer.
<ffitia*goto Marine Inmvame iffompan^
Capital, £200,000.
HEAD OFFICE, 12, ST. VINCENT PLACE, GLASGOW.
James Pollock, Esq., Manager — James Towers, Esq., Manager.
JAMES H. ROBERTSON, Agent for GREENOCK,
Office, 13, West Breast.
BUSINESS with the Company is transacted on the following
terms : —
1st, Insurances both Foreign and Coastwise, effected on as moderate
terms as possible, consistent with affording liberal settlements, and of
the Company giving the necessary indemnity, in cases of loss.
2d, The credits allowed, are as follows: — On Policies effected
between 1st January and 1st July, a credit till the 1st April in the
following year; and on those effected subsequent to 1st July, and
previous to the 1st January, a credit till the 1st of the following
October.
3d, On payment of Accounts the Discounts and Brokerage are as
follows: — On Accounts paid monthly, 10 per Cent.; on Accounts
paid quarterly, 7^ per Cent. ; on Accounts paid half-yearly, 5 per
Cent. ; and on Accounts paid at the end of nine months, 2^ per Cent.;
Brokerage on all Accounts, 2^ per Cent.
4th, All losses and averages settled on the most liberal terms, the
amount payable on adjustment, under three months' discount.
5th, In event of any dispute arising, regarding settlement of losses
or averages, the same to be submitted to arbitration.