LAND AND WATER 
January 1, 191 J 
rm-y 
IHE 
LONDON LIFE 
Association Limited. 
New Life Business 
1912 
1913 
£400,000 
£500,000 
1914 - £800,000 
and 
Not One Penny 
SPENT IN 
Co 
mmission. 
SI KinK William Si reel. 
I. on Jon, K.(I. 
IL NL IROl NCF:R, 
Actuary and Manager. 
186 
