ESTABLISHED 1809. 



NORTH BRITISH AND MERCANTILE 

 INSURANCE COMPANY. 



Incorporated by Royal Charter a/nd Special Acts of Parliament. 



President.— HIS GRACE THE DUKE OF ROXBURGHE. 

 Vice-President.— HIS GRACE THE DUKE OF SUTHERLAND, K.G. 



EXTRAORDINARY DIRECTORS. 

 Right Hos. LORD N0RTHF50URXK. i Right Hon. Tiir EARL OF ABERDEEN. 



RifliiT Hon. Tub. earl OF STRATHMORE. | Sir MATTHEW WHITE RIDLEY, Bart., M.P. 



General court of Directors. 



DAVID DAVIDSON, ^n<i.— Chairman. 



EDINBURGH BOARD OF DIRECTORS 

 F. WALKER PRCMMOND, Esq. 



DAVID B. WAniKU'i:, Es((. 



Sir JAMES (;.\IU>1XI;r BAIRD, Bart. 



GEORGE AULD.JO .JAMIESON, Escj. 



FREDEIiK'K I'lTMAN, Esq. 



EVAN ALLAN HLNTER, Esq. 



CHARLES GAIRDNER, Esq. 



RALPH DUNDAS, Esq. 

 JOHN WHARTON TOD, Esq. 

 Hon. henry J. MONCREIFF. 

 Sir JAMES H. GIBSON-CRAKi, Bart. 

 Rkjiit Hon. The EARL OF EL(!IN. 

 RiuiiT Hon. Sir THOMAS CLARK, Bart. 

 Lord Provost of Edinburgh. 



CHARLES B. LOGAN, Esq. 

 Manager, A. GILLIES-SMITH, F.R.S.E. | Secretary, PHILIP R. D. MACLAGAN. 



Actuary, THOMAS WALLACE. 

 Medical Officer, JOHN MOIR, M.D., F.R.C.P. 

 Solicltorg, J. & F. ANDERSON, W.S. | Auditor, JAMES HALDANE, C.A. 



RESOURCES OF THE COMPANY 



As at :!lxt December ISSG. 

 I. CAPITAL— 



Authorised Capital, . £3,000,000 



Subscribed Capital, . 2,500,000 



Paid-up Capital, . 625,000 



II. FIRE FUND- 



Reserve, . . £1,250,000 



Premium Reserve, . . 380,910 



Balance carried forward, . 107,997 



£1,738,9 07 



III. LIFE FUND— 



Accumulated Fund 



(Life Branch), 

 Accumulated Fund 

 (Annuity Branch), 



£3,645,719 



607,636 

 £4,253,355 



REVENUE FOR THE YEAR 1886. 



From the Life Department- 

 Net Life Preniium.s, In- 

 terest, etc., 

 Annuity Premiums (in- 

 cluding £86,165, 9s. 

 by single payment) 

 and Interest, . 



From the Fire Department- 

 Net Fire Premiums, In- 

 terest, etc.. 



£488,932 



112,604 

 £601,436 



£1,231,960 

 £1,833,396 



The Accumulated Fmuls af the Life Department 

 are free from lUilillitji in rexpect of the Fire 

 Department, and in like manner the Accumu- 

 lated Funds of the Fire Dejxirtment arc free 

 from liability in respect of the Life Department. 



LIFE DEPABTMENT. 



Large and Accumulating Bonuses. Moderate Premiums. Perfect Security. 

 Nine-Tenths of the whole Profits of the Life Assurance Branch are allocated to 



Participating Policies. 



The Bonus at last Division ranged, according to the age of the Policy, from £1, 9s. to 



£2, 17s. lOd. per Cent, per Annum, on the Original Sum Assured. 



SPECIAL FEATURES^ 



Claims paid on proof of death and title. 



Premiums adjusted to each half year of age. 



Minimum Surrender Values fixed and held at credit of Insured for five years. 



Paid up Policy of Liberal Amount granted in place of Lapsed Policy if desired within 



Six Months. 

 Inaccurate Statements in Proposal Papers do not involve Forfeiture of Policy unless 



accompanied by Fraud. 

 Policies in most cases free of all Restrictions as to Occupation, Residence, and Travel. 



ANNUITY BRANCH. 

 Annuities, Immediate, Coutiiif^ent, or Deferred, are granted on favourable term.s. 



FIKE DEPABTMENT. 



Property of nearly every description Insured at Home or Abroad at the Lowest Rate of Premium. 



Net Fire Premiums for 188G, £1,142,730. Lo.sses promptly and liberally settled. 



ProKjjfctwiea and every information -may be had at the Chief Offices, Branches, or Agencies, 



riii3.'P rtL^prrrv (EDINBURGH, . f.4 PRINCES STREET. 

 C////--/ ^'^^^^*~ (LONDON, . . . 01 THREADNEEDLE ST., E.C. 



