LAW LIFE ASSURANCE ASSOCIATION, 120 PRINCES STREET, EDINBURGH. ESTABLISHED 1839-CAPITAL, ONE MILLION. Trustees. The Right Honourable the EARL OF GLASGOW, Lord Clerk Register of Scotland. The Right Honourable LORD MONCREIFF of Tulliebole, Lord Justice-Clerk of Scotland. The Honourable Lord ADAM. EDWARD KENT KARSLAKE, Esq., Q.C. The Honourable Mr Justice FIELD. WILLIAM SMYTHE, Esq. of Methven. Sir HARDINGE STANLEY GIFFARD, Q. C., M.P. Directors in ANDREW BEATSON BELL, Esq., Advocate. ALEX. FORBES IRVINE, Esq. of Drum, Sheriff ENEAS J. G. MACKAY, Esq. LL.D., Advocate. Edinburgh. FLETCHER NORTON MENZIES, Esq. of Menzies, Solicitors-Messrs. HOPE, MANN, & KIRK, W.S. Physician-R. J. BLAIR CUNNYNGHAME, Esq., M.D. Secretary-WALTER A. SMITH, Esq. Manager-WILLIAM SMITH, Esq., LL.D., F.I.A. THIS HIS ASSOCIATION presents the benefits of LIFE ASSURANCE in a variety of forms adapted to the circumstances and requirements of all classes, at RATES of PREMIUM which will bear favourable comparison with those of any other Company affording similar advantages. It also furnishes PROVISIONS FOR OLD AGE in the shape of ENDOWMENT-ASSURANCES, payable to the Assured themselves on the attainment of Specified Ages, or to their Representatives at death, should that happen sooner. NON-FORFEITURE POLICIES. Under the NON-FORFEITURE SYSTEM, premiums are payable for a limited number of years only, and each payment (after a fifth of the whole number has been made) secures absolutely a proportionate part of the Sum Assured. Policy-holders can thus, if they find it expedient, discontinue the payment of premiums without losing any of the benefits for which they may have already paid. IMMEDIATE PARTICIPATION IN PROFITS. The PROFITS are ascertained and divided every Five Years.-NINE-TENTHS (NINETY PER CENT.) being appropriated to the Assured, and each Policy-holder having an equitable share allotted to him, however recent his Assurance. At the Seven successive Periodical Investigations, which took place in 1846, 1853, 1860, 1865, 1870, 1875, and 1880, REVERSIONARY BONUS ADDITIONS, at rates which have never been less than ONE POUND ten shillings per CENT. PER ANNUM, were made to the Sums Assured by all Participating Policies effected for the whole term of life. Thus a Policy for £1000 opened in 1840 now amounts to £1650. The EIGHTH QUINQUENNIAL INVESTIGATION and DIVISION of PROFITS will take place at Christmas, 1885. SUBSISTING ASSURANCES, £4,350,000 CLAIMS PAID, £2,000,000 • 1,300,000 REVERSIONARY BONUS DECLARED, 733,000 LOANS are granted, in connection with Life Assurance, on LIFE INTERESTS, REVERSIONS, PERSONAL, and other approved securities. OFFICES:- EDINBURGH: 120 PRINCES STREET. WILLIAM SMITH, Manager. PUBLISHED BY WILLIAM PATERSON, EDINBURGH. DRYDEN'S COMPLETE WORKS. Edited by SIR WALTER SCOTT. Revised by GEO. SAINTSBURY. (Vols. I. to IV. ready). 8vo, cloth, Published Price. £ s. D. per vol., 0 10 6 1 1 0 Do. do., Large Paper (100 copies printed), STEWART (Rev. ALEX. BALLACHULISH) NETHER LOCHABER; THE NATURAL HISTORY, LEGENDS, AND FOLK-LORE OF THE WEST HIGHLANDS. Cr. 8vo, cloth, JERNINGHAM (H.E. H., M.P.) NORHAM CASTLE. Illustrated. 8vo, cloth extra, BURNS' (ROBERT) WORKS. (The Edinburgh Edition). 6 vols., HALKETT AND LAING'S DICTIONARY OF ANONYMOUS 0 10 6 0 10 6 250 330 660 3 12 0 3 13 6 INNES' EARLY SCOTTISH HISTORY. 8vo, cloth, MOLIERE'S DRAMATIC WORKS. Etchings, 6 vols., demy 8vo, cl., SCOTT (Rev. Dr. HEW) FASTI ECCLESIÆ SCOTICANÆ. 6 vols., 4to, cloth, SHAKESPEARE. Etchings, 8 vols., cr. 8vo, cloth extra, (also proof copies.) STODART'S SCOTTISH ARMS. cloth extra, Coloured Plates, 2 vols, folio, WORDSWORTH'S COMPLETE WORKS. Etchings, Vols. I. to IV. 5 8 0 1 10 0 500 8vo, cloth extra, Detailed Catalogue of the above and other publications may be had on application to any Bookseller, or to W. PATERSON, 67 PRINCES STREET, EDINBURGH. Catalogue of Extensive Collection of Second-hand Books at FIRE INSURANCE SOCIETY, CHIEF OFFICES, ESTABLISHED 1797. NORWICH AND LONDON. C. E. BIGNOLD, ESQ., SECRETARY. The Rates of this Society are exceedingly moderate, and the Insured are free from all liability. The Office has long been distinguished by its liberality and promptness in the settlement of claims, £4,250,000 having been paid to Insurers for Losses by Fire. In proof of the public confidence in the principles and conduct of this Institution, it will suffice to state that the Total Business exceeds £175,000,000. BRANCH OFFICE FOR SCOTLAND— 109 ST. VINCENT STREET, GLASGOW. JOHN LARGE, Resident Manager. APPLICATIONS FOR AGENCIES INVITED. UNIFORM SUPERIORITY IN STRENGTH, PURITY, and FLAVOUR. BROWN & POLSON'S CORN FLOUR The First Manufactured in Great Britain. Has nearly 30 Years' world-wide reputation. Edinburgh Office: 12 YORK BUILDINGS, QUEEN STREET. BIRMINGHAM-95 Colmore Row. DUNDEE 6 Panmure Street. OW-29 St. Vincent Place. ABERDEEN-245 Umon MUTUAL ASSURANCE WITH MODERATE PREMIUMS. Scottish Provident Institution. THE following are the Results reported for the Year 1882: New Assurances, £1,031,965, with £40,402 of Premiums, of w. Net Premiums received, £423,724.-Total Income, £601,072. EARLY PAYMENT OF CLAIMS. A RESOLUTION WAS SUBMITTED, PROVIDING FOR PAYMENT OF CI MR. FERGUSON OF KINMUNDY, in moving the adoption of the Report, said THE REPORT just read is probably one of a hundred Offices in the kingdom not 1 the most satisfactory ever presented to you. That four (all of much longer standing) have in an ordinary year, without the stimulus of fund." This was given with the caut: a wi an approaching division of profits, or any other we have always wished should character.se specialty to influence business, the large sum of statements. I am now in a position to tate! One Million and Thirty Thousand Pounds of New not more than two Offices are possessed Assurances should have been effected, is a matter which, as do ours, exceed Four an for mutual congratulation. The business, more- Millions of Pounds. These two are a o ad over, has been of a safe and genuine character, being entirely a Home Business, and not inflated by large sums on one life, requiring to be reassured in other Offices; and it has been obtained at an exceptionally low cost, as I shall afterwards show. Another feature worthy of note is the moderate ratio of Claims to the Annual Income. These Scottish Offices. Their names will, no Such are the salient points in the Claims were in all £235,213, against an income history of the last year. They tell of of £601,072, evidently a very low proportion. and they point to progress. The increase This statement leads up to a third, and that the business is not purchased at the expe most gratifying feature of the Report, namely, that security. As the one extends the other the Realised Funds of the Institution have been in- up. The million of New Assurances creased in the year by the large sum of £307,797,-up by an increase of £307,000 to the their amount at the close of 1882 being £4,509,728, and thus extension and financial sta against subsisting Assurances of £15,350,000. hand in hand. This, I need not say, is a very high proportion, particularly for an Office in which, from the low average age of the members, the premiums will continue to be drawn for a lengthened period. He then referred to the cost of mat which is greatly under any Office doing & gressive business, and which has been st ing. In the Board of Trade Report, in 1874, cost was stated at 12.5 per cent on the Last year the ratio was 9'4 per cent to and to the year's income 6.6 per cent Mr. JOHN COWAN, Beeslack, seconded the motion; which, with the Resolution for Payment of Claims, was unanimously approved of. It was stated in last year's Report that "the Accumulated Fund has increased in the last nine years by upwards of Two Millions," and that "of THE ADVANTAGES which this Institution offers to Assurers are:- HEAD OFFICE: 6 ST. ANDREW SQUARE, EDINBURG |