THE EQUITABLE LIFE ASSURANCE SOCIETY.

Gisborne Times, Volume XIX, Issue 1587, 18 October 1905, Page 2

THE EQUITABLE LIFE ASSURANCE SOCIETY.

The above Society has an advertisement in this issuo which should be read with interest, as it shows the financial strength of the Society. With accumulated funds of over eighty-five million pounds and a surplus fund of over sixteen million pounds, and an annual income of £l6 * tle u jtable may certainly claim policyholdcrs? C ' lon 10 i,s

We are informed that two independent examinations of the balance sheets SHJ* an V Un v. ds have been made this year, one by the Insurance Department of the United States, and the other b ? £ , c ,° mmitt ® e appointed for the purpose tn £. U } e . r “ ult i hat the f un d s are found }° b . e nlaC i’ an £ the inve stments absos lutely sound, and all contracts to policy* holders are fully and safely guaranteed, ihese two reports, issued after searcho investigations made by examiners who were particffiarly looking for errors n administration and finance, may be unhesitatingly accepted as final and conclusive evidence that the Society’s funds sm V :h ,t balance sheet are absolutely which’hl h he r StrCnfith of the Society, which has been for some years the strong! paired S y n thc world » is ““mi-

lt may be mentioued that the Society’s new business last year amounted to over fifiy million pounds, and we are informed that the increase in new business for the 10nthS ° fthiS yCar amounts( ! o

called nn E «?il tab ! e blish a J'ttle book ca led an Itemised Report ”in which is f h e * a sl,*y ery se P arate mortgage which the Society owns (location, value of S- ly ’ ; a,l i d amoUnt lent ) J all its bonds, ' “" d securities, with the bookvalue and present market-value of each. produces •'"its^ofr^ 11 each - inves, “ient produces, its office properties, in fact very asset down to the very smallest. invectm Uar f nte i ° f the som, dness of the Th«i^ en i S ! hls ls a valuable idea, be obtain^ 8 f he Compan V advertise can “e obtained from any of their agents nr on application at the Auckland office.