A.M.P. SOCIETY.
A MILLION IN REVERSIONARY
BONUSES.
By Telegraph—Press Association —Copyright Sydney, May 16. The report to be presented at the annual meeting of the Australian Mutual Provident Society next week shows that the new business for the year was £3,733,064, new premiums amounting to £195,385. The cash surplus funds over liabilities is over six hundred thousand pounds. Out of this £583,725 will be distributed, providing reversionary bonuses amounting to about a million. The Board proposes to seek Parliamentary authority to increase its powers of investment. The accumulated funds have been increased by over £834,000, and now amounts to £17,865,000.
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Bibliographic details
Gisborne Times, Volume VII, Issue 418, 17 May 1902, Page 3
Word Count
100A.M.P. SOCIETY. Gisborne Times, Volume VII, Issue 418, 17 May 1902, Page 3
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