Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1850-1851

ADVERTISEMENTS.
121
INCORPORATED BY ACT OF PARLIAMENT.
THE NORTHERN ASSURANCE COMPANY.
ESTABLISHED 1836.
CAPITAL, ONE MILLION.
WESTERN BRANCH.
HEAD OFFICE, 19 ST. VINCENT PLACE, GLASGOW.
DIRECTORS.
THOMAS LEADBETTER, Esq., Merchant, Chairman.
William Malcolm, Esq. of Glenmorag
Robert Wilson, Esq. Merchant.
John Wingate, Esq., Merchant.
Robert Galbraith, Esq. of Greenhead.
James Graham, Esq. of Fereneze.
James Lumsden, Juu., Esq., Merchant.
medical advisers.
Andrew Buchanan, M.D., 13 Moore Place.
A. D. Anderson, M.D., 159 St. Vincent Street.
bankers.
The Clydsdale Banking Company,
JAMES SMITH, Manager.
THE Company offers to the Public very important advantages, and affords, by its
large paid-up Capital and accumulated Fund, with a proprietary of nearly
One Thousand in number, an undoubted security for all its engagements.
The Company continues to effect Fire and Life Assurances, and to grant
Annuities and Endowments, on the most favourable terms.
The number of Life Policies issued exceeds 3000, covering Assurances to the
extent of upwards of ONE MILLION AND A HALF Sterling.
The Constitution of this Company embraces —
I— A MUTUAL ASSURANCE BRANCH,
The Members of which incur no liability, while they obtain the Whole Benefit of
their contributions, — the sums assured being guaranteed, and the business conducted
by the Company for a charge of 10 per Cent, upon the Premiums without any deduc-
tion whatever. The next Investigation and Division will be made at 30th April,
1851, and parties opening Premiums prior to date will have an advantage over those
at a later date.
The Assured have the power, under the Act of Incorporation, to elect three of
their number as Directors for the Management and Investment of their own funds.
The Bonus declared in 1846 (when the Institution completed its tenth year) was
equivalent to from 35 to 54 per Cent, on the Premiums paid by middle-aged lives.
II.— A PROPRIETOR'S BRANCH,
By which Assurances may be effected for fixed sums upon terms which will bear
comparison with those of any Office of Stability in the Kingdom.
Moderate Extra Rates for Foreign Residence.
Table of Annual Premium* for an Assurance of £100
Age.
"Without
Profits.
With
Profits.
Age.
Without
Profits.
With
Profits.
25
30
35
40
£1 17 1
2 2 7
2 8 8
2 16 8
£2 1 11
2 8
2 14 11
3 3 11
45
50
55
60
£3 5 9
3 19
4 19 1
6 6 3
£3 14 3
4 7 4
5 7 3
6 16 8
No Entry-Money.
Fire Assurance on the Usual Terms.
HEAD OFFICE IN GLASGOW— 19 ST. VINCENT PLACE.
JAs. SMITH, Manager.